Investment Strategy
Fundamentally Strong Businesses
Invest in Fundamentally strong businesses having predictable cash flows and sustainable long-term competitive advantages
Create a portfolio of growth and value based on their discount to intrinsic or private market value
Risk Management
Small and Mid-Cap companies carry higher risk than large cap companies, particularly over the short and medium term. The Scheme endeavours to control risk by adopting following investment strategy:
Maximum exposure to single small and mid-cap company to be restricted to 10% of net assets
Number of stocks in the portfolio to be at least 25
The investment in Small Cap to be restricted to 15% of net assets
The Scheme permits investments in companies other than small and mid-cap companies up to 25% of net assets
Due diligence regular company visits and financial analysis
WHY CLOSE ENDED FUND?
Mid and Small-Cap companies may take time to mature, therefore there is a need to remain invested for a longer period of time
Flexibility to develop core portfolio with longer time horizon to reap full benefits of investments as there is no pressure to invest/divest in hurry
Helps take advantage of volatility
PRODUCT FEATURES
Liquidity The Scheme will offer for redemption/switch out of units on an ongoing basis at quarterly intervals at NAV based prices. The Redemption/Switch-out will be available only during the specified Redemption Period i.e. 15th day (or immediately succeeding business day if that day is not a business day) immediately after end of each calendar quarter
Options Growth and Dividend (with Payout and reinvestment) options. Dividend reinvestment facility will be available only after the scheme is converted into an open-ended scheme
Application Amount Minimum of Rs 5,000 and in multiples of Rs 1,000 thereafter
HDFC Mid-cap Opportunities Fund
Linear Mode
