HDFC Non-Cyclical Consumer Fund NFO: Everything you need to know

23 Jun 2023 , 09:57 AM

HDFC Mutual Fund is launching NFO under its “sectoral fund category”, named as HDFC Non-Cyclical Consumer Fund. This open-ended fund aims to generate long-term capital appreciation by investing predominantly in equity and equity related securities of companies with a focus on non-cyclical consumer theme.

Investment strategy: The Scheme will invest in Indian equity and equity related securities with focus on stocks that represent the non-cyclical consumer theme within the basic industries like Consumer Goods, Consumer Services, Telecom, Services, Healthcare, Media, Entertainment, Publication, Textiles sectors and such other industries forming part of the Benchmark Index.

Asset allocation: The Scheme will invest in equity and equity related securities and debt and money market instruments.

Who should invest?

Investors with very high risk appetite and want to invest for 7 to 10 years in a mutual fund should invest in HDFC Non-Cyclical Consumer Fund. 

Risk associated: Very high level of risk.

Benchmark: Nifty India Consumption Index (TRI).

Fund Managers: Mr Amit Sinha and Mr Priya Ranjan.

The NFO is available for subscription from June 23 to July 7. The schemes will reopen for continuous sale and repurchase within five Business Days from the date of allotment. The fund offers systematic investment solutions like SIP and SWP to create a flexible investment plan. The minimum subscription amount is Rs 100/- and in multiples of any amount thereafter. 

It offers Regular Plan and Direct Plan. Each plan offers Growth and Income options. Click here to invest in HDFC Non-Cyclical Consumer Fund.