HDFC Mutual Fund launches HDFC Dividend Yield Fund

NFO period: 27^th November – 11^th December, 2020

Highlights of the NFO:

• Scheme type – An open ended equity scheme predominantly investing in dividend yielding stocks


• Investment objective – To provide capital appreciation and/or dividend distribution by predominantly investing in a well-diversified portfolio of equity and equity related instruments of dividend yielding companies. 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 capital appreciation over long term/regular income. By investing predominantly in equity and equity related Instruments of dividend yielding companies.


• Minimum Application Amount – First investment is Rs. 5,000/- and any amount thereafter


• Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Dividend Option. Dividend Option offers Payout and Reinvestment facilities.


• Fund Managers – Mr. Gopal Agarwal and Mr. Anand Laddha


• Benchmark – NIFTY Dividend Opportunities 50 TRI (Total Returns Index)