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

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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