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HDFC Mutual Fund |
HDFC Asset Management Company Ltd (AMC) was incorporated under the Companies Act, 1956, on December 10, 1999, and was approved to act as an Asset Management Company for the HDFC Mutual Fund by SEBI vide its letter dated July 3, 2000.
Schemes Equity Funds
HDFC Growth Fund
Objective
The primary investment objective of the Scheme is to generate long term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments.
Option/Plan
Dividend Plan,Growth Plan. The Dividend Plan offers Dividend Payout and Reinvestment Facility.
Entry Load (as a % of the Applicable NAV)
In respect of each purchase / switch-in of Units less than Rs. 5 crore in value, an Entry Load of 2.25% is payable.
In respect of each purchase / switch-in of Units equal to or greater than Rs.5 crore in value, no Entry Load is payable.
Exit Load (as a % of the Applicable NAV)
In respect of each purchase / switch-in of Units less than Rs. 5 Crore in value, an Exit Load of 1% is payable if units are redeemed / switched-out within 1 year from the date of allotment.
In respect of each purchase / switch-in of Units equal to or greater than Rs. 5 Crore in value, no Exit Load is payable.
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