HDFC Mutual Fund

HDFC Mutual Fund has launched HDFC Housing Opportunities Fund Series on 16 November

As per assets under management, HDFC Mutual Fund is India’s second-biggest asset management company. HDFC has launched a new fund, HDFC Housing Opportunities Fund-Series 1, which opens for subscription today. New fund offer (NFO) of this close-ended thematic fund will close on November 30, 2017.

HDFC Housing Opportunities Fund – Series 1 is a close-ended thematic equity fund aiming to provide long-term capital appreciation. It will invest majorly in equity and equity-related instruments of entities engaged in and/or expected to benefit from growth in housing and its allied business activities in the country.

 

Other Features:

Fund Manager – Mr. Srinivas Rao Ravuri

Investment Manager – HDFC Asset Management Company Limited

Plans – Direct and Regular

NFO Period – 16 Nov to 30 Nov, 2017

Tenure – 1140 days

Benchmark – India Housing & Allied Business Index

 

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