mutual 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…