MF News HDFC MF mops up highest collection in RGESS so far

HDFC MF mops up highest collection in RGESS so far

HDFC Mutual Fund has collected approximately Rs 108 crore with over 12000 applications.

Ravi Samalad Mar 24, 2013

HDFC Mutual Fund has collected approximately Rs 108 crore with over 12000 applications.

India’s largest fund house by assets, HDFC Mutual Fund has collected Rs 108 crore, the highest NFO collection in Rajiv Gandhi Equity Savings Scheme (RGESS) so far.

The NFO closed on March 14, 2013 and has received over 12000 applications.

DSP BlackRock and Birla Sun Life have each collected approximately Rs 40 crore while UTI Mutual Fund has received 9000 applications aggregating over Rs 25 crore. IDBI too is said to have collected approximately over Rs. 20 crore.

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