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HDFC Life launches Life Systematic Retirement Plan

HDFC Life launches Life Systematic Retirement Plan

HDFC Life has launched HDFC Life Systematic Retirement Plan – an individual, group, non-participating, non-linked, savings deferred annuity plan that systematically allows you to save for your retirement years. With increasing life expectancy and inflation in India, the need for retirement planning is critical. But a retirement plan is also essential to ensure stability in the later years along with financial independence. The HDFC Life Systematic Retirement Plan allows customers to lock in their annuity interest rates right at inception of the policy. HDFC Life Systematic Retirement Plan offers individuals a unique opportunity to systematically save for a retirement corpus…
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HDFC Mutual Fund’s NFO – HDFC Multi Cap Fund

HDFC Mutual Fund’s NFO – HDFC Multi Cap Fund

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…
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HDFC Life’s Sanchay Fixed Maturity Plan

HDFC Life’s Sanchay Fixed Maturity Plan

This Diwali, HDFC Life is offering a new-age, feature-packed product, HDFC Life Sanchay Fixed Maturity Plan. The plan is a non-linked, non-participating, individual savings plan, designed to provide guaranteed returns in the form of a lumpsum benefit and guarantees achievement of fixed financial goals.HDFC Life Sanchay Fixed Maturity plan offers individuals the flexibility to choose between single pay, limited pay or regular pay options. There are more than 500 premium payment term and policy term combinations available in this plan that enable customers to align the policy term with their goals.Customers can purchase this plan singly or jointly and also…
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HDFC Mutual Fund announces New Fund Offer –HDFC NIFTY NEXT 50 INDEX FUND

HDFC Mutual Fund announces New Fund Offer –HDFC NIFTY NEXT 50 INDEX FUND

HDFC Asset Management Company, has announced launch of New Fund Offer – HDFC NIFTY Next 50 Index Fund (“the Fund”), for investors looking for returns that are commensurate with the performance of NIFTY Next 50 Index, subject to tracking error. NIFTY Next 50 Index represents 50 companies from NIFTY 100 after excluding the constituents of NIFTY 50 Index. HDFC NIFTY Next 50 Fund is suitable for investors looking for simple yet cost effective way of investing in ‘Next Top 50’ companies on the listed universe of NSE. HDFC NIFTY Next 50 Index Fund is an open-ended scheme replicating/ tracking NIFTY…
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HDFC Mutual Fund announces launch HDFC Developed World Indexes Fund

HDFC Mutual Fund announces launch HDFC Developed World Indexes Fund

HDFC Asset Management Company Limited has launched its first international offering – HDFC Developed World Indexes Fund of Funds (“the Fund”), the first of its kind, providing exposure to 5 regions across 23 developed markets countries, 1500+ constituents and 14 currencies with coverage of 56% of global GDP & ~ 50% of world market cap in one single fund. The Fund is being launched in association with Credit Suisse Asset Management, one of the world’s leading global asset managers with USD 510bnin assets under management. The Fund will invest in Credit Suisse Index Funds and/or ETFs which will in aggregate…
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HDFC Multi-Asset Fund – A suitable investment avenue

HDFC Multi-Asset Fund – A suitable investment avenue

HDFC Multi‐Asset Fund aims to meet asset allocation needs of investors. It invests in 3 asset classes - Equity, Debt and Gold. Equity aims to provide capital appreciation, Debt aims to provide stability to the portfolio and Gold is a potential safe haven asset class, which also provides hedge against inflation and currency depreciation. The Scheme currently has a large cap bias, with 70% of its unhedged equity assets being invested in Large Caps as of July 31, 2021. HDFC Multi‐Asset Fund is a suitable investment avenue for investors, who are looking for a single product to provide exposure to…
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HDFC Bank deploys Mobile ATMs across 50 cities in India

HDFC Bank deploys Mobile ATMs across 50 cities in India

In view of restrictions imposed in various parts of the country, HDFC Bank today announced the availability of Mobile Automated Teller Machines (ATMs) in 50 cities across India to assist customers during the lockdown. At restricted areas, the Mobile ATMs will eliminate the need for general public to move out of their locality to withdraw cash. These mobile ATMs are currently active in cities Chennai, Mumbai, Delhi/Gurgaon, Vijaywada, Dehradun, Cuttack, Ludhiana, Lucknow, Bhubaneshwar, Chandigarh, Thiruvananthapuram, Allahabad, Pune, Hyderabad, Ahmedabad, Trichy, Salem, Coimbatore, Hosur, Noida, Jeypore (Koraput), Bengaluru, Mysore, Jaipur, Panipat, Ambala, Jammu, Nashik, Rewari, Patna. From the first week of…
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