HDFC Asset Management Company, one of India’s leading mutual fund house has launched New Fund Offer – HDFC Multi Cap Fund for investors looking to diversify their portfolio with a disciplined exposure to large cap, mid cap, and small cap segments. The Scheme will make mandatory allocation of minimum 25% of its total assets each in large, mid, and small cap companies, while the balance 25% of its total assets will be allocated based on market view of the fund manager. The Scheme will have a choice of wide representation of sectors across market capitalization. The NFO will open on November 23, 2021, and will close on December 7, 2021.
HDFC Multi Cap Fund will follow a mix of top down and bottom up approach to stock selection. As per the current investment strategy, the Scheme will invest ~60%-75% of Total Assets in Large and Mid Caps. Further, it will invest ~25%-40% of Total Assets in Small Caps. The Scheme will invest without a style bias and aims to capture opportunities across growth, value and turnaround companies. HDFC Multi Cap Fund is suitable for investors with a medium to long term investment horizon, looking for disciplined exposure to Large, Mid and Small Caps.
