HDFC Mutual Fund has launched HDFC Housing Opportunities Fund Series on 16 Novemberadmin
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.
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