The introduction of the HDFC Transportation and Logistics Fund was announced by HDFC Mutual Fund on August 1, 2023.
The open-ended equity plan will finance investments in businesses involved in logistics and transportation. According to a press release from HDFC Mutual Fund, it will focus on prospects in the automotive, shipping and ports, railways, airports, and airline sectors as well as e-commerce, road, rail, and air cargo, supply chain, and warehousing.
On July 28, 2023, the new fund offer (NFO) began, and it will end on August 11, 2023. According to the release from HDFC Mutual Fund, the majority of the portfolio (about 80%) would be devoted to stocks with a transport and logistics theme.
According to the statement, the fund will give priority to businesses that are market leaders or have the ability to do so in their specific areas and are well-positioned to gain from the shifting dynamics of logistics and transportation.
On July 28, 2023, the new fund offer (NFO) began, and it will end on August 11, 2023.
“The fund’s flexi-cap market methodology seeks to build a diversified portfolio. Companies that are market leaders or have the potential to do so in their respective segments will be given preference in the stock selection. Additionally, it will search for businesses that stand to gain from the shifting logistics and transportation sector, according to HDFC Mutual Fund.
According to HDFC Mutual Fund, the fund gives investors a compelling chance to invest in a subject that could shape India’s future. This fund offers investors the chance to invest in multiple sub-segment leaders across the manufacturing (auto and transport equipment) and services sectors (logistics and aviation), it said. “This fund offers investors the chance to invest in multiple sub-segment leaders across the manufacturing (auto and transport equipment) and services sectors (logistics and aviation), with exposure to globally competitive domestic and MNC companies with a long track record and healthy balance sheet.” it continued.
The scheme, according to HDFC Mutual Fund, is appropriate for investors looking to create long-term capital appreciation and invest primarily in equities and equity related instruments of businesses with a focus on logistics and transportation.
According to HDFC Mutual Fund, the fund gives investors a compelling chance to invest in a subject that could shape India’s future.
The fund has been classified as having a very high risk level. “The young population, rising disposable income, premiumization trend, government focus on manufacturing, exports potential, focus on safety and decarbonization, emphasis on transport modernization, and other factors are all expected to contribute to India’s transport and logistics sector’s multi-decadal growth.”, said Priya Ranjan, fund manager, and senior equity analyst, dealing and investments, HDFC Asset Management Company. Investors have a good opportunity to invest in this theme’s growth thanks to HDFC Transportation and Logistics Fund.
Investors have a good opportunity to invest in this theme’s growth thanks to HDFC Transportation and Logistics Fund.
“We are pleased to introduce the HDFC Transportation and Logistics Fund to our investors,” said Navneet Munot, managing director and managing director of HDFC Asset Management Company. We have always worked hard at HDFC Mutual Fund to be a one-stop shop for a variety of financial objectives, and we have provided a wide range of options through our diverse product lineup. Our product offering wheel now includes the newest spoke, HDFC Transportation and Logistics Fund.
