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  • HDFC Mutual Fund launches HDFC MNC Fund

Feb 17, 2023

Mutual Fund

HDFC Mutual Fund launches HDFC MNC Fund

NFO period: 17th February - 03rd March, 2023

Highlights of the NFO:

  • Scheme type - An open ended equity scheme following multinational company (MNC) theme

  • Investment objective - To provide long-term capital appreciation by investing predominantly in equity and equity related instruments of multinational companies (MNCs). There is no assurance that the investment objective of the scheme will be realized.

  • Product suitability - The product is suitable for investors who are seeking to generate long-term capital appreciation/income by investing predominantly in equity & equity related instruments of multinational companies.

  • Minimum Application Amount - First investment is Rs. 100/- and in multiple of Rs. 1/- thereafter

  • Plan/ Options available - Regular Plan and Direct Plan having Growth Option and Income Distribution cum capital withdrawal option (Reinvestment of Income Distribution cum capital withdrawal option and Pay-out of Income Distribution cum capital withdrawal option).

  • Fund Managers - Mr. Rahul Baijal and Mr.Priya Ranjan

  • Benchmark - NIFTY MNC TRI (Total Returns Index)

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)