MUTUAL FUNDS
HDFC AMC announces change in Timelines for publication of NAV of Developed World Equity Passive FOF
May-31-2025

HDFC Asset Management Company (AMC) has announced addendum to the Scheme Information Document (SID) / Key Information Memorandum (KIM) of HDFC Developed World Equity Passive FOF and Statement of Additional Information (SAI) of HDFC Mutual Fund.

Pursuant to clause 8.2 of SEBI Master Circular for Mutual Funds dated June 27, 2024, HDFC Mutual Fund has informed that, the timelines for publication of NAV of HDFC Developed World Equity Passive FOF (‘the Scheme’) is being changed from ‘By 11:00 AM on the next Business Day to ‘By 02:00 PM on the next Business Day’ with immediate effect.

The Scheme predominantly invests in units of overseas mutual fund schemes (‘Underlying Schemes’). While computing the NAV for a Business Day, the Scheme is required to consider valuation of the Underlying Schemes as of the same day. Due to change in operational processes of the Underlying Schemes, their NAVs will be available late morning on the next Business Day. Accordingly, the NAV of the Scheme for a given Business Day will be declared by 02:00 PM of the following Business Day.

All other terms & conditions of the Scheme mentioned above will remain unchanged. This addendum forms an integral part of the SID, KIM of the Scheme and SAI as amended from time to time.


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