HDFC MF Rolls Out Infrastructure Fund

HDFC Mutual Fund announced the launch of HDFC Infrastructure Fund that closes on 21 February 2008. Units can be purchased only during the NFO period i.e. 8 January 2008 to 21 February 2008. HDFC Infrastructure Fund is a 3-year close-ended equity scheme with automatic conversion into an open-ended scheme upon maturity. The primary investment objective of 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.