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HDFC Mutual Fund launches HDFC Long Duration Debt Fund

by News Team | Mutual Fund

NFO period: 06th January - 17th January, 2023

Highlights of the NFO:

  • Scheme type - An open ended debt scheme investing in instruments such that the Macaulay Duration of the portfolio is greater than 7 years. A Relatively High Interest Rate Risk and Relatively Low Credit Risk

  • Investment objective - The investment objective of the scheme is to generate income / capital appreciation through investments in debt and money market instruments. 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 income over the long term. To generate income / capital appreciation through by investing in debt and money market instruments.

  • 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 option (Reinvestment of Income Distribution cum capital withdrawal option and Pay-out of Income Distribution cum capital withdrawal option).

  • Fund Managers - Mr. Shobhit Mehrotra

  • Benchmark - Nifty Long Duration Debt Index - AIII (Total Returns Index)

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