HDFC Mutual Fund launches HDFC Defence Fund

NFO period: 19^th May – 02^nd June, 2023

Highlights of the NFO:

• Scheme type – An open-ended equity scheme investing in Defence & allied sector companies


• Investment objective – To provide long-term capital appreciation by investing predominantly in equity and equity related securities of Defence & allied sector 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 to generate long-term capital appreciation/income by investing predominantly in equity & equity related instruments of defence and allied sector companies.


• Minimum Application Amount – First investment is Rs. 100/- and any amount thereafter


• Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Income Distribution cum capital withdrawal option (Reinvestment of Income Distribution cum capital withdrawal option and Pay-out of Income Distribution cum capital withdrawal option).


• Fund Managers – Mr. Abhishek Poddar and Mr. Priya Ranjan


• Benchmark – Nifty India Defence Index TRI (Total Returns Index)