HDFC Mutual Fund announces change in name of Top 100 fund
HDFC Mutual Fund has announced the change in name of its large cap fund. The fund house announced that HDFC Top 100 Fund shall be renamed as HDFC Large Cap Fund.
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The changes will be effective from January 1, 2025. The fund house informed about this to its unitholders through a notice — cum — addendum on December 24.
HDFC Top 100 Fund is an open ended equity scheme predominantly investing in large cap stocks.
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The objective of the scheme is to provide long-term capital appreciation/income by investing predominantly in large-cap companies.
The scheme is benchmarked against NIFTY 100 Total Returns Index (TRI). The large cap scheme is managed by Rahul Baijal and Dhruv Muchhal.
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