HDFC Housing Opportunities Fund – Series 1 All you need to know..
HDFC Housing Opportunities Fund NFO Details:
Name of the Scheme: HDFC Housing Opportunities Fund – Series 1
The NFO opens on: 16th November 2017 and ends on 30th November 2017
Investment Objective: The scheme aims to provide long-term capital appreciation by investing predominantly in equity and equity related instruments of entities engaged in and/or expected to benefit from the growth in housing and its allied business activities.
Fund Manager:
- Rakesh Vyas since Nov 2017
- Srinivas Rao Ravuri since Nov 2017
Entry Load: Not Applicable.
Exit Load: Not applicable. The Units under the Plan cannot be directly redeemed with the Fund as the Units will be listed on the stock exchange(s).
Benchmark: India Housing and Allied Businesses Index
Minimum Application Amount/Number of Units: Rs 5,000 and in multiples of Rs 10 thereafter
Plan/Option: The Plan offers Regular Option and Direct Option.
Regular Option: This Option is for investors who demand to route their investment through any distributor.
Direct Option: This Option is for investors who wish to invest directly without routing the investment through any distributor.
The Regular and Direct Options offer the following sub-options:
- Growth option
- Dividend option. Dividend Sub-Option offers Dividend Payout facility.
Default Sub-Option: Growth Sub-Option – where Growth or Dividend is not indicated.
