HDFC Manufacturing Fund raises over Rs 9,500 crore

HDFC Manufacturing Fund raised between ₹9,500 crore and ₹10,000 crore - the highest by an actively-managed equity mutual fund in a new fund offer (NFO) in the past three years. Financial planners and distributors said heightened investor appetite for the manufacturing theme - a red hot theme on Dalal Street - in the wake of the government's big push for industries in the country led to flows into the fund launch. An email sent to HDFC Mutual Fund on the amount of the corpus raised did not elici .. 

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