NFO Period: February 4, 2026 to February 13, 2026

Bangalore: HDFC Asset Management Company Limited (HDFC AMC), Investment Manager to HDFC Mutual Fund (HDFC MF), one of India’s leading mutual fund houses, announced the launch of the HDFC Nifty India Consumption Index Fund, a scheme designed to provide investors exposure to companies that are expected to benefit from India’s long-term consumption growth. The New Fund Offer (NFO) opened on February 4, 2026, and closes on February 13, 2026.

The HDFC Nifty India Consumption Index Fund seeks to replicate the performance of the Nifty India Consumption Index (TRI), which tracks companies with exposure to India’s domestic consumption theme. The index comprises 30 stocks across sectors such as FMCG, Automobile and Auto components, Consumer Services, Consumer Durables, Healthcare and Telecom^. Companies included in the index derive more than 50 percent of their revenues from domestic operations, making it a focused play on India’s consumption-driven growth.

^For detailed methodology and list of eligible basic industries, please visit www.niftyindices.com

India’s consumption story is supported by multiple structural drivers, including rising per capita income, favourable demographics, premiumisation, formalisation of the economy, and increasing digitisation. In addition, policy measures such as GST rationalisation are expected to support consumer spending across categories over the medium to long term.

Commenting on the launch, Mr. Navneet Munot, Managing Director and Chief Executive Officer, HDFC Asset Management Company Limited, said, “Consumption has been one of the most enduring pillars of India’s economic growth. As income levels rise and aspirations evolve, spending is becoming broader and more diversified across categories and services. The HDFC Nifty India Consumption Index Fund offers investors a simple and efficient way to participate in this long-term structural theme through a diversified basket of consumption-oriented companies.”

The fund will be managed by Ms. Nandita Menezes and Mr. Arun Agarwal. Investors can invest with a minimum amount of Rs. 100 during the NFO period and also during the continuous offer period after the scheme reopens for subscription and redemption. There is no upper limit on investment, and allotment of units will be done after deduction of applicable stamp duty, if any.

Investors should consult their financial advisers, if in doubt about whether the product is suitable for them. #The product labelling assigned during the NFO is based on internal assessment of the scheme characteristics or model portfolio and the same may vary post NFO when the actual investments are made. For latest riskometer, investors may refer to the Monthly Portfolios disclosed on the website of the Fund viz. www.hdfcfund.com

The scheme being thematic in nature carries higher risks versus diversified equity mutual funds on account of concentration and theme specific risks.