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News HDFC Mutual Fund launches HDFC Transportation and Logistics Fund
Jul 28, 2023
Mutual Fund
HDFC Mutual Fund launches HDFC Transportation and Logistics Fund
NFO period: 28th July – 11th August, 2023
Highlights of the NFO:
- Scheme type – An open-ended equity scheme investing in Transportation and Logistics themed companies
- Investment objective – To provide long-term capital appreciation by investing predominantly in equity and equity related securities under Transportation and Logistics theme. 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 instruments of companies under Transportation and Logistics theme.
- Minimum Application Amount – First investment is Rs. 100/- and any amount thereafter
- Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option. (Payout of IDCW Option / facility and Re-investment of IDCW Option / facility).
- Fund Managers – Mr. Priya Ranjan and Mr. Dhruv Muchhal
- Benchmark – Nifty Transportation & Logistics Index
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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