scorecardresearchHDFC Mutual Fund files for India’s first mutual fund focused on the defence sector

HDFC Mutual Fund files for India’s first mutual fund focused on the defence sector

Updated: 24 Mar 2022, 10:25 AM IST
TL;DR.
  • The HDFC Defence Fund will be a sectoral fund that will park its money in shares of companies operating in the defence sector. Right now, the mutual fund house is awaiting approval from the market regulator Securities and Exchange Board of India (SEBI).
Pay attention to activities in a sector before investing in a sectoral fund.

Pay attention to activities in a sector before investing in a sectoral fund.