HDFC Defence Fund: Investment in this new open-ended equity fund scheme opens from 19 May to 2 June2 min read 17 May 2023, 04:12 PM IST
HDFC AMC-backed mutual fund has launched HDFC Defence Fund, an open-ended equity scheme. The scheme will invest at least 80% of its Net Assets in defence & allied sector companies. The new fund offer (NFO) will be from May 19 to June 2nd.
HDFC Mutual Fund has announced the launch of the HDFC Defence Fund which plans to invest in defence & allied sector companies. Subscriptions in this new fund offer will open on May 19 and will close on June 2, 2023. The new scheme follows a bottom-up approach of portfolio construction within the defence ecosystem.
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