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New HDFC AMC fund targets consumption-led growth through 2030
HDFC AMC launched its India Consumption Fund to leverage long-term household spending growth, supported by strong mid-cap earnings momentum.
HDFC AMC introduced the India Consumption Fund to capture multi-year opportunities in sectors aligned with rising disposable incomes and formalisation trends. Mid-cap valuations currently trade at 27–28 times earnings with expectations of double digit profit growth.