HDFC Mutual Fund has launched a new scheme, designed to cater to your long-term equity investment requirement. HDFC Infrastructure Fund*, a close-ended Equity Scheme with automatic conversion into an open-ended scheme upon maturity after 3 years. The investment objective of the scheme is to seek long-term capital appreciation by investing predominantly in equity and equity related securities of companies engaged in or expected to benefit from the growth and development of infrastructure. For the sake of diversification, I feel this could be an important fund in your long term portfolio.
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