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News HDFC Mutual Fund launches HDFC Manufacturing Fund
Apr 26, 2024
Mutual Fund
HDFC Mutual Fund launches HDFC Manufacturing Fund
NFO period: 26th April – 10th May, 2024
Highlights of the NFO:
- Scheme type – An open-ended equity scheme following manufacturing theme
- Investment objective – To provide long-term capital appreciation by investing predominantly in equity and equity related securities of companies engaged in the manufacturing activity. 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 by investing predominantly in equity & equity related securities of companies engaged in the manufacturing theme.
- Minimum Application Amount – First investment is Rs. 100/- and and any amount thereafter
- Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option.
- Fund Managers – Mr. Rakesh Sethia and Mr. Dhruv Muchhal
- Benchmark – NIFTY India Manufacturing Index
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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