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HDFC AMC introduces consumption focused fund targeting long term growth
New consumption themed fund aims to tap India’s long term spending growth amid steady SIP participation and investor interest.
HDFC Asset Management Company launched the India Consumption Fund to capture growth from rising domestic consumption through 2030. The scheme plans investments across sectors benefiting from income expansion and favourable demographics. Industry data shows systematic investment plan inflows remain steady, supporting investor appetite for thematic equity funds focused on long term structural growth opportunities despite market volatility and sustained household spending trends nationwide over years.