November 05, 2024 11:07 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Pakistan's Lahore has become world's most polluted city with an AQI of 1900 on Sunday | Indian Army 'successfully completes' patrolling to a key point in Ladakh's Depsang region | US presidential election: Donald Trump ahead of Kamala Harris in swing states, poll survey predicts | 'I strongly condemn Hindu temple attack, intimidation of our diplomats': PM Modi amid Canada row | 'I strongly condemn Hindu temple attack, intimidation of our diplomats': PM Modi amid Canada row
HDFC Mutual Fund’s socially responsible Initiative #NurtureNature on World Environment Day
HDFC Fund
Image: HDFC Mutual Fund website

HDFC Mutual Fund’s socially responsible Initiative #NurtureNature on World Environment Day

| @indiablooms | 31 May 2021, 07:37 pm

Kolkata: HDFC Mutual Fund (HDFC MF) has initiated a socially responsible campaign #NurtureNature to plant a tree on behalf of investors who register for a Systematic Investment Plan (SIP) between 31 May – 4 June, 2021.

HDFC MF has associated with Grow-Trees.com dedicated to the cause of planting trees, for this innovative social cause.

A Systematic Investment Plan is a great way to invest in mutual funds, wherein a fixed amount is invested at regular intervals in a disciplined manner without having to worry about market ups and downs and timing of entry.

With an SIP, an investor can aim to build a corpus for his/her long term goals like retirement, children’s education and wealth creation, etc.

HDFC MF will have a sapling planted on investor’s behalf, for registering an SIP through digital / online modes only with a minimum of Rs. 1000 per month, for a tenure of at least 3-years in an equity-oriented scheme (excluding arbitrage and index funds) in both regular and direct plans.

After a period of 3-months post the date of registration, a tree will be planted on behalf of the investor and the investor will receive an eCertificate from HDFC MF.

Commenting on this socially responsible initiative, Navneet Munot, MD & CEO, HDFC Asset Management Co. Ltd. said, “Our #NurtureNature initiative of planting trees on behalf of investors’ commencing SIPs is aimed at helping investors create wealth while contributing to a greener future. We also want to encourage digital on-boarding which brings convenience to investors while supporting the environment.”

Commenting on this socially responsible initiative Bikrant Tiwary, CEO Grow-Trees.com said "Grow-Trees is delighted to be associated with HDFC MF for planting trees in India. It's time that we realise our responsibilities and give back to nature what we took. We hope that with this initiative, we are able to bridge the gap a little."

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.