Adani Enterp.

2579 2.90

Adani Ports

1432.4 -3.20

Apollo Hospitals

7606.5 -9.50

Asian Paints

2457.3 14.50

Axis Bank

1172.1 -3.00

Bajaj Auto

8312 -151.50

Bajaj Finance

924.35 -0.30

Bajaj Finserv

2003 -3.40

Bharat Electron

422.5 5.40

Bharti Airtel

2022.9 -11.00

Cipla

1481.5 -29.00

Coal India

383 -1.25

Dr Reddy's Labs

1277 -33.50

Eicher Motors

5678 -4.50

Eternal Ltd

263.1 4.55

Grasim Inds

2816 36.90

HCL Technologies

1694 -16.40

HDFC Bank

1987.3 -0.10

HDFC Life Insur.

790.6 1.15

Hero Motocorp

4248 -59.00

Hind. Unilever

2401 -9.40

Hindalco Inds.

686 -6.10

ICICI Bank

1442.4 6.70

IndusInd Bank

853.45 -1.00

Infosys

1626.5 -0.50

ITC

416.7 0.55

JSW Steel

1043.7 1.10

Kotak Mah. Bank

2214 64.20

Larsen & Toubro

3578 -3.40

M & M

3128 -32.20

Maruti Suzuki

12397 -123.00

Nestle India

2418.1 -4.00

NTPC

340.85 3.40

O N G C

242.28 0.76

Power Grid Corpn

297.55 1.65

Reliance Industr

1539 -2.50

SBI Life Insuran

1816.2 7.90

Shriram Finance

672 0.70

St Bk of India

806.65 -0.20

Sun Pharma.Inds.

1659.1 -20.80

Tata Consumer

1101.5 -0.40

Tata Motors

688.9 0.05

Tata Steel

161.93 -0.47

TCS

3399.2 -12.50

Tech Mahindra

1626.9 3.00

Titan Company

3473 -193.10

Trent

5385 -114.00

UltraTech Cem.

12397 52.00

Wipro

267.65 -0.10

Mutual Funds   
MF News
MF News - Detailed News Back
HDFC Mutual Fund launches HDFC Innovation Fund
  09:54 Hrs IST
HDFC Mutual Fund has launched the HDFC Innovation Fund, an open-ended equity scheme targeted at companies driving transformation through new technologies and strategies.

The New Fund Offer (NFO) opened on 27 June 2025, and it closes on 11 July 2025, welcoming investors to participate with a minimum investment of Rs 100. The fund is available in both direct and regular plans, offering flexibility through growth and income distribution cum capital withdrawal (IDCW) options to suit varying investment goals.

Aiming to harness the momentum of India's transition toward a digital-first, innovation-driven economy, the HDFC Innovation Fund will allocate at least 80% of its net assets to equity and equity-related instruments. With a laser focus on product innovation, process innovation, and business model innovation, the fund offers broad exposure to companies that are leading or embracing change across sectors.

Taking a bottom-up approach, the fund's management team -- led by Amit Sinha, senior equity analyst and fund manager -- will select quality firms based on strong unit economics, competitive positioning, and long-term growth potential.

To measure its performance, the fund will benchmark against the NIFTY 500 Total Returns Index, ensuring broad-market relevance. In keeping with a valuation-conscious stance, investors should note an exit load of 1% applies on redemptions made within one month of allotment; after that, no exit load will be charged.

Amit Sinha-fund manager and senior equity analyst, HDFC Asset Management Company, said, The Indian Economy is at an exciting juncture with key pillars supporting the innovation ecosystem. HDFC Innovation Fund offers investors an opportunity to participate in India's innovation-led growth story by gaining exposure to companies adopting transformative strategies across products, processes, and business models.

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