http://web.mit.edu/civenv/idr/images/Infrastructure_Collage.jpgHDFC 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.

New Fund Offer Price : Rs. 10/- per unit.

The Scheme offers investors two Options :

  • Growth Option
  • Dividend Option (with payout and re-investment facility) Dividend re-investment facility will be available only after the Scheme is converted into an open-ended scheme upon maturity)

Investment Objective

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.

Benchmark Index

The Benchmark Index for the Scheme would be S&P CNX 500. The Trustee reserve the right to change the benchmark for evaluation of performance of the Scheme from time to time in conformity with the investment objectives and appropriateness of the benchmark subject to SEBI Regulations, and other prevailing guidelines, if any.

Investment Strategy

he Scheme shall invest predominantly in equity and equity related securities of companies engaged in or expected to benefit from the growth and development of infrastructure. The Scheme shall invest in the following indicative list of sectors/industries:

  • Airports
  • Banking and Financial Services
  • Cement and Cement Products
  • Construction and related industries
  • Electrical and Electronic Components
  • Energy
  • Engineering
  • Metals/Mining/Minerals
  • Housing and related industries
  • Industrial Capital Goods
  • Industrial Products
  • Oil & Gas and allied industries
  • Petroleum and related industries
  • Ports
  • Power and Power Equipment
  • Telecom
  • Urban Infrastructure including Transportation, Water, etc.

For more information on this fund you can download the offer document here at: HDFC Infrastructure Fund

More Info:
Try to not to base the infrastructure of a setup on a loan and particular car loans. These are forms of unsecured loans and have a high probability of becoming bad credit loans. Ask for a debt relief guide for directions.