Invest in the fight against cancer with HDFC Charity Fund for Cancer Cure.

We are pleased to launch HDFC Charity Fund for Cancer Cure (‘the Scheme’), a 1136 days close-ended scheme. This will be the 3rd offering from HDFC Mutual Fund, dedicated to providing treatment to needy and underprivileged cancer patients.

Why should you invest in this Scheme?

  • A unique mutual fund scheme that aims to provide sustainable cash flows for charity
  • Two plans viz – Arbitrage Plan & Debt Plan
  • Choice to donate either 50% or 100% of the dividends declared under the plans
  • Dividend contribution can be treated as part of Corporate Investor's CSR under `Preventive Healthcare' under Schedule VII of the Companies Act 2013 in line with respective Company's CSR agenda
  • The Donation of dividend made to the corpus of ICS is eligible for claiming tax deduction under Section 80G of the Income Tax Act, 1961
  • HDFC Asset Management Company Limited (HDFC AMC) shall not levy any investment and management fees to manage HDFC Charity Fund for Cancer Cure

Double the impact of your donations

In support of this social objective, HDFC AMC shall match the donation of dividends on behalf of investors by contributing an equal amount to the corpus*. This would double the impact of your donations and provide financial assistance to a larger number of deserving patients.
*Subject to a limit of Rs. 15 crore p.a. or such higher limit as may be prescribed by HDFC AMC.

Background

Six years ago, to commemorate our 10th anniversary, HDFC Debt Fund for Cancer Cure (HDFCC), a 3 year close ended capital protection oriented income scheme was launched in association with Indian Cancer Society (ICS), a Public Charitable Trust and India’s oldest anti-cancer NGO established in 1951. We followed that up with a second scheme in 2014 with the same attributes to continue the work done.

Fund Year of Inception Corpus Contribution to ICS
HDFC Debt Fund For Cancer Cure (HDFCC) 2011 Rs. 77 Cr Rs. 12.77 Cr
HDFC Debt Fund For Cancer Cure (HDFCC2014) 2014 Rs. 175 Cr Rs. 22.22 Cr #
HDFC AMC Direct Contribution Committed     Rs. 25.25 Cr
#The dividends donated till September 2016. Dividends are declared at a half yearly frequency. The next installment(s), if any have not been considered.

How did the two funds make a difference?

  • Donations received from HDFC Debt Fund for Cancer Cure have transformed the lives of needy cancer patients.
  • These donations have made a difference to 3,168 patients from 28 states across the country.
  • Total amount sanctioned by ICS to patients is Rs. 81 Cr.

The Real Return on Investment from the funds -
FREE Treatment for over 3,100 patients

How can your donation make a difference to the society?

Ms. Kiruba Rani, a retired foreman’s only daughter was diagnosed with carcinoma Breast. Her father couldn’t put together the money needed for the treatment. The cost of the treatment was Rs. 9,50,000. Since the company she was working for denied financial assistance, she was left stranded and found it difficult to continue the treatment. With the financial assistance from the ICS, the treatment was completed. She has resumed work and back to helping her family lead a better life.

The donations received through the scheme would be utilized to fund the treatment of such cancer patients and give them the will and hope to fight the disease against all odds. ICS has been at the forefront of rehabilitation and welfare of the poor suffering from cancer and every rupee of your investment in this fund will contribute towards this fight against cancer. Source: Indian Cancer Society

Scheme Features

HDFC Charity Fund For Cancer Cure
A Close-ended Scheme offering 2 Plans
The Plans under the Scheme shall have a tenure of 1136 days from the date of allotment of units
The Scheme offers 2 Plans having separate portfolios
  • Arbitrage Plan - A close ended equity oriented scheme
  • Debt Plan - A close ended income scheme

Arbitrage Plan: To generate income through arbitrage opportunities between cash and derivative market and through investments in debt and money market instruments.

Debt Plan: To generate income through investments in Debt/Money Market Instruments and Government Securities maturing on or before the maturity date of the Plan.

Under each Plan there will be Direct Option & Regular Option. Both Plans offer only Dividend Option with Payout facility with the following sub-options:
  • 50% Dividend Donation Option
  • 100% Dividend Donation Option
Dividends will be declared on a half yearly frequency, subject to availability of distributable surplus. Dividends will be donated to the corpus of ICS or any other eligible institution(s), as applicable.

Arbitrage Plan: Krishan Kumar Daga
Debt Plan: Anil Bamboli

For Purchases/Switch-in: Rs.50,000/- and in multiples of Rs.1,000/- thereafter per application
Entry/Exit Load: Not Applicable. Upfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based on the investors’ assessment of various factors including the service rendered by the ARN Holder.

Arbitrage Plan: NIFTY 50 Arbitrage Index
Debt Plan: CRISIL Short Term Bond Fund Index

$Dedicated fund manager for overseas investments Mr. Rakesh Vyas. For further details, refer Scheme Information Document and Key Information Memorandum available on www.hdfcfund.com and at Investor Service Centres of HDFC Mutual Fund.
Disclaimer The information given herein is as per the prevailing tax laws. Investors should be aware that the fiscal rules/ tax laws may change and there can be no guarantee that the current tax position may continue indefinitely. In view of individual nature of tax consequences, each investor is advised to consult his/ her own professional tax advisor. All information with regard to the Indian Cancer Society or the cancer patients mentioned in this document is compiled by the Indian Cancer Society.

This product is suitable for investors who are seeking*: Riskometer
HDFC Charity Fund for Cancer Cure – Arbitrage Plan (A close-ended equity oriented scheme)
  • To generate regular income over the tenure of the scheme (1136 days)
  • Income through arbitrage opportunities between cash and derivative market and through investments in debt and money market instruments
HDFC Charity Fund for Cancer Cure – Debt Plan (A close-ended income scheme)
  • To generate regular income over the tenure of the scheme (1136 days)
  • Investments in Debt/Money Market Instruments and Government Securities
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.