HDFC Mutual Fund launches HDFC Dividend Yield Fund

Mutual Fund
Nov 30, 2020 by Advisorkhoj Team | Mutual Fund | 7 Downloaded

NFO period: 27th November – 11th 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)

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

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