Fund News

HDFC Long-Term Equity: Changes in Fundamental Attributes

HDFC Mutual Fund has announced the below mentioned changes in the fundamental attributes of HDFC Lon

HDFC Mutual Fund has announced the below mentioned changes in the fundamental attributes of HDFC Long-Term Equity with effect from March 27, 2013.

The proposed name of the fund is HDFC Focused Large-Cap Fund.

The minimum allocation in Equity and related instruments of Large cap companies shall be 80%, while presently the allocation is 70% for Equity and related instruments and the condition of Large cap company does not exist.

The proposed allocation for Debt securities and money market instruments has been reduced from 30% to 20%.

The dissenting investors have an option to redeem their units between February 25, 2013 and March 26, 2013 without the payment of exit load.



Ask Value Research aks value research information

No question is too small. Share your queries on personal finance, mutual funds, or stocks and let us simplify things for you.


Other Categories

Informed fund ideas, better judgment. Every month. Mutual Fund Insight, every month since October 2002.

Take charge. Know more. Keep more. Mutual Fund Insight helps you do all three — every month