HDFC Mutual Fund launches HDFC MNC Fund

NFO period: 17^th February – 03^rd March, 2023

Highlights of the NFO:

• Scheme type – An open ended equity scheme following multinational company (MNC) theme


• Investment objective – To provide long-term capital appreciation by investing predominantly in equity and equity related instruments of multinational companies (MNCs). 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 multinational companies.


• Minimum Application Amount – First investment is Rs. 100/- and in multiple of Rs. 1/- 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. Rahul Baijal and Mr.Priya Ranjan


• Benchmark – NIFTY MNC TRI (Total Returns Index)