18/11/2017
📣📣 *Introducing a Fund which is 1st of its Kind* 📣
🔊🥁 *HDFC Housing Opportunities Fund - Series I*🔊
🥋 *Type:* A close-ended Thematic Equity Scheme
🎷 *NFO Period:* 16th Nov 2017– 30th Nov 2017.
✅ *Advantages of Housing Theme*
Acute shortage for housing in India
Favourable demographics, urbanization and shift towards nuclear households.
Government focus on affordable housing.
Improved affordability on account of stable house prices, increase in income levels and a drop in interest rates.
Multiple macro-economic linkages to foster growth in allied industries, thereby boosting economic growth.
HDFC Housing Opportunities Fund to focus on businesses that would benefit from the expected growth in housing.
*👉🏻 Why HDFC Housing Opportunities Fund*
🏹 HDFC Housing Opportunities Fund is a 1140 days close-ended thematic equity offering investing a minimum of 80% into equities of housing and allied businesses.
🏹 Housing theme would predominantly include industries including Cement, Engineering-Designing-Construction, Banks, Housing Finance, Steel, Paints, Construction, Home appliances, Plywood, Sanitaryware, Tiles, etc. Hence, a diversified basket to choose stocks from.
🏹 Benchmark: A custom-made benchmark by IISL (NSE) called India Housing and Allied Businesses Index, a 50 stock index that currently includes 14 basic industries.
🎳 *Minimum Investment:* Rs 5000 and in multiples of Re 10 thereafter.
🎯 *Option:* Regular Growth /Dividend ( Payout Only).
*🎓Fund Manager :-*
Mr.Srinivas Rao Ravuri
🎭 *Benchmark:*
India Housing & allied Business index.
Hurry 🏃🏿🏃🏿🏃🏿Offer closes on 30th November 2017.
