The aim of the HDFC Mid-Cap Opportunities Fund is to generate long-term capital appreciation from a portfolio that is substantially constituted of equity and equity related securities of mid- and small-cap companies.
The equity component of the portfolio will range from 75% to 100%. Out of this, small-caps will form a minimum of 5% and a maximum of 15% of the portfolio while mid-caps will be in the 70%-95% range.
Equity and equity related securities other than the above will be in the 0%-25% range.
Debt and money market securities will be in the 0%-25% range.
Scheme: Close-ended equity scheme
Fund opened: May 7
Options: Growth, Dividend Option with payout facility only
Entry load: Nil
Exit load: Nil
Minimum application amount: Rs 5,000
Fund Managers: Chirag Setalvad, Anand Laddha (for foreign securities)