HDFC Mutual Fund is launching a new Thematic/Sectoral Fund - HDFC Defence Fund
May 18, 2023
Deepti Namoshi
Opening Date: May 19, 2023 Closing Date: June 2, 2023
Minimum Application Amount: INR 100 and any amount which are multiples of 100 Minimum Additional Purchase: INR 100 and any amount which are multiples of 100. Exit Load: 1% if switched out within 1 year. Suitability: Very High Risk Benchmark: Nifty India Defence Index TRI (Total Returns Index)
Equity and Equity related instruments of Defence & allied sector Companies#(80% to 100%)
Equity and Equity related instruments of companies other than above(0 to 20%) Units of REITs and InvITs (0 to 10%) Debt securities*, money market instruments and Fixed Income Derivatives (0 to 20%) Units of Mutual Fund@ (0 to 5%)
Very high-risk investment HDFC Defence Fund is a Sectoral/Thematic fund and benchmarked to Nifty India Defence Index TRI (Total Returns Index)
HDFC Defence Fund will be managed by Mr. Abhishek Poddar
To provide long-term capital appreciation by investing predominantly in equity and equity related securities of Defence & allied sector companies However, there is no assurance that the investment objective of the Scheme will be realized