A Oneindia Venture

HDFC Innovation Fund NFO

By HDFC Mutual Fund Equity Sector
NFO Closed

Offer Price

₹10.00

Min. Investment

₹100

Open Date

27 Jun 2025

Close Date

11 Jul 2025

SIP Amount

₹100

HDFC Innovation Fund is a New Fund Offer (NFO) by HDFC Asset Management Company Ltd. categorized under Sector. The NFO is open for subscription from 27 Jun 2025 to 11 Jul 2025. Investors can subscribe with a lumpsum investment of ₹100. The offer price is ₹10.00 per unit. The fund will be managed by Amit Sinha. The fund has a risk rating of 'Very High' with an expected expense ratio of 0.71%. It will benchmark against NIfty 500 Total Return.

Fund Details

Offer Price
₹10.00 per unit
Subscription Period
27 Jun 2025 to 11 Jul 2025
Min. Lumpsum Amount
₹100
SIP Amount
Rs. 100
Scheme Type
Open Ended
Category
Equity - Sectoral/Thematic
Risk Level
Very High
Expected Expense Ratio
0.71%
Exit Load
1%
Benchmark
NIfty 500 Total Return
Plan Options
Growth, IDCW, IDCW-Reinvestment

Fund Objective

To generate long-term capital appreciation / income by investing in companies that are adopting innovative themes and strategies. There is no assurance that the investment objective of the Scheme will be achieved.

AMC Details

Name
HDFC Mutual Fund
Fund Managers
Mr. Amit Sinha (Equity)
Mr. Dhruv Muchhal (Others)
Website
http://www.hdfcfund.com

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Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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