HDFC Business Cycle Fund – HDFC Mutual Fund files offer document with SEBI
HDFC Mutual Fund has filed offer document with SEBI to launch An open ended equity scheme following business cycle based investing theme.
The New Fund Offer price is Rs.10 per unit. The objective of the scheme is To provide long-term capital appreciation by investing predominantly in equity and equity related securities with a focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy.
“The fund manager for this scheme is Ms. Roshi Jain
Mr. Sankalp Baid”
This product is suitable for investors who are seeking to generate long-term capital appreciation/ income investment predominantly in equity & equity related instruments of business cycle based theme
“The scheme asset allocation will be Equity and Equity related instruments of Business cycle based theme companies (80-100%)
Equity and Equity related instruments of companies other than above (0-20%)
Units of REITs and InvITs (0-10%)
Debt securities*, money market instruments and Fixed Income Derivatives (0-20%)
Units of Mutual Fund@ (0-20%)”
The riskometer for this scheme is Very High
| Name of Mutual Fund | HDFC Mutual Fund |
| Scheme Name | HDFC Business Cycle Fund |
| About Scheme | An open ended equity scheme following business cycle based investing theme |
| Offer of Unit | Rs.10 |
| Objective | To provide long-term capital appreciation by investing predominantly in equity and equity related securities with a focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy. |
| Name of Fund Manager | Ms. Roshi Jain Mr. Sankalp Baid |
| This product is suitable for investors who are seeking | to generate long-term capital appreciation/ income investment predominantly in equity & equity related instruments of business cycle based theme |
| The scheme asset allocation will be | Equity and Equity related instruments of Business cycle based theme companies (80-100%) Equity and Equity related instruments of companies other than above (0-20%) Units of REITs and InvITs (0-10%) Debt securities*, money market instruments and Fixed Income Derivatives (0-20%) Units of Mutual Fund@ (0-20%) |
| Riskometer | Very High |
| DRHP | Click here |