HDFC Mutual Fund launches HDFC Technology Fund

NFO period: 25^th August ? 05^th September, 2023

Highlights of the NFO:

• Scheme type ? An open-ended equity scheme investing in Technology & technology related companies


• Investment objective ? To provide long-term capital appreciation by investing predominantly in equity and equity related securities of Technology & technology related 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 by investing predominantly in equity & equity related instruments of Technology & technology related 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 (IDCW) Option. Payout of IDCW Option / facility and Re-investment of IDCW Option / facility.


• Fund Managers ? Mr. Balakumar B and Mr. Dhruv Muchhal


• Benchmark ? S&P BSE Teck Index