HDFC Multi Cap Fund (NFO Review) (Directusinvestments)

HDFC mutual fund is one of the largest mutual fund houses in India with Rs 4.4 lakh crore in assets under management. HDFC mutual fund is launching its new fund HDFC Multi Cap funds. This new fund offer is opening on 23 Nov, 2021 and will close on 7 Dec 2021. This is an open ended equity scheme which will invest across large cap, mid cap, and small cap stocks. Benchmark index- Nifty 500 MULTICAP 50:25:25 (TRI). If investor redeems units within one year, then investor has to pay 1% exit load, or if units are redeemed after one year from the date of allotment no exit load will be applicable. What is Multi Cap fund? Multi cap fund is the category of mutual fund which invests in all the market cap stocks. As per the new rules of SEBI, multi cap fund can invest minimum 25% in large cap stocks, 25% in mid cap stocks, 25% in small cap stocks and fund manager has flexibility to allocate 25% of total fund across the market segments including debt and money market segments.