HDFC BUSINESS CYCLE FUND : New Fund Offer(NFO)
HDFC Mutual Fund is going to launch its New Fund Offer (NFO) HDFC Business Cycle Fund on 11th November 2022. An open-ended equity scheme following business cycle-based theme. Investment Objective The Investment objective of the scheme is to provide long-term capital appreciation by investing in equity and equity-related securities following the business cycle theme. Fund Manager Mr. Rahul Baijal is the fund manager of this scheme and is the senior fund manager, of equity at HDFC mutual fund. He has an experience of more than 20 years in equity research and fund management. Mr. Rahul has done his PGDM from IIM Calcutta. Scheme Details This scheme is open for subscription from 11th Nov. 2022 to 25th Nov. 25, 2022. The scheme is benchmarked against the Nifty 500 TRI(Total Return Index). Both direct and regular plans are available. The minimum application amount of the fund during the NFO Period is rupees 100, and any amount thereafter. If redeemed within one...