Change in Fundamental Attributes of HDFC Dynamic PE Ratio Fund of Funds
Dear Investors, Please note the following important changes to the HDFC Dynamic PE Ratio Fund of Funds, effective from March 19, 2025:
1. Scheme Name Change
| Existing Name | New Name |
| HDFC Dynamic PE Ratio Fund of Funds | HDFC Debt Advantage Fund of Funds |
2. Change in Investment Objective
| Existing Objective | New Objective |
| To seek capital appreciation by managing the asset allocation between specified equity and debt schemes of HDFC Mutual Fund. | To generate income / long-term capital appreciation by investing in units of Arbitrage and Debt schemes. |
3. Asset Allocation Pattern
| Instruments | Existing Allocation (%) | New Allocation (%) |
| Units of specified schemes of HDFC Mutual Fund | 95-100 | – |
| Units of Arbitrage Fund and Debt Mutual Fund Schemes | – | 95-100 |
| Debt Securities & Money Market Instruments | 0-5 | 0-5 |
4. Exit Load Changes
| Existing Exit Load | New Exit Load |
| 1.00% if redeemed/switched out within 1 year; No exit load after 1 year. | 0.25% if redeemed/switched out within 1 month; No exit load after 1 month. |
5. Riskometer Update
| Existing Risk Level | New Risk Level |
| High | Low to Moderate |
6. Exit Option for Investors
To comply with regulatory requirements, an Exit Option is available from February 17, 2025, to March 18, 2025 (both days inclusive). Investors may redeem or switch their units to any other scheme of HDFC Mutual Fund at NAV-based prices without exit load. Requests received after March 18, 2025 (post 3:00 PM) will be subject to applicable exit loads.
Important Notes:
- Investors who have pledged or encumbered units must release them before submitting redemption/switch requests.
- Systematic Investment Plan (SIP) investors who wish to discontinue must apply for cancellation.
- Redemption proceeds will be processed within 3 working days.
- Investors should ensure updated bank and contact details before exercising the Exit Option.
For further details, Please refer to the addendums attached below
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