Particulars | Proposed provisions (effective date) |
Scheme Name | HDFC Equity Savings Fund |
Type of Scheme | Open-ended Equity Scheme |
Investment Objective | The investment objective of the scheme is to provide capital appreciation and income distribution to the investors using arbitrage opportunities, investment in equity/equity related instruments and debt/money market instruments. |
Type of Instrument | Minimum Allocation (% net assets) | Maximum Allocation (% net assets) | Risk Profile |
Equity and Equity Related Instruments | 65% | 90% | Medium to High |
Of which Net Long Equity | 15% | 40% | Medium to High |
Of which Derivatives including Index Futures, Stock Futures, Index Options, etc | 25% | 75% | Low to Medium |
Debt and Money Market Instruments | 10% | 35% | Low to Medium |
Top 10 Tax Saving Mutual Funds to invest in India for 2016
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