HDFC Asset Management Company, has announced launch of 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 could provide a one stop solution for investors looking to diversify their portfolio across market cap segments with an aim to get the stability of Large Caps, growth of Mid Caps and potential of Small Caps through one Fund. Multi Cap approach helps investors focus on diversification instead of predicting outperformance/underperformance of different market cap segments.