HDFC Asset Management Company (HDFC AMC), investment manager to HDFC Mutual Fund (HDFC MF), has launched HDFC MNC Fund, which will invest predominantly in MNCs (Multi?National Companies) across sectors and market cap segment. HDFC MNC Fund will invest at least 80% of Net Assets in equity and equity related instruments of Multi?National Companies.
The fund is suitable for investors who aim to generate long?term capital appreciation by investing pre?dominantly in equity instruments of MNCs, with an investment horizon of at least 3 years. Further, the low overlap of MNCs with broader market creates potential diversification benefit for investors.
HDFC Asset Management Company offers a large suite of savings and investment products across asset classes, which provide income and wealth creation opportunities to its customers.
