HDFC Mutual Fund announces green investment initiative on World Environment Day

HDFC Mutual Fund announces green investment initiative on World Environment Day

NurtureNature initiative to plant trees on behalf of investors registering digital SIPs,

FPJ Web DeskUpdated: Monday, May 30, 2022, 04:57 PM IST
article-image
The investor will also receive an e-Certificate from HDFC MF, for registering a SIP through digital / online modes with a minimum amount of Rs 2000 per month, for a tenure of at least 3-years in eligible Equity-oriented and Gold Schemes |

HDFC Mutual Fund has announced its socially responsible #NurtureNature campaign again this year. Through this campaign, it aims to plant a sapling for every Systematic Investment Plan (SIP) registered online in eligible Equity-oriented and Gold Schemes between June 1 – June 10, 2022.

Last year, in association with Grow-Trees.com, HDFC MF planted thousands of saplings under this innovative social cause. #NutureNature campaign aims to promote the cause of planet-friendly afforestation and spread awareness about the environmental and ecological significance of trees. On its part, HDFC MF encourages investors and partners to opt for online investments, it said in a press statement.

Similar to last year, after a period of 3-months from the date of registration of the SIP, a tree will be planted on behalf of the investor. The investor will also receive an e-Certificate from HDFC MF, for registering a SIP through digital / online modes with a minimum amount of Rs 2000 per month, for a tenure of at least 3-years in eligible Equity-oriented and Gold Schemes.

Commenting on this socially responsible initiative, Navneet Munot, MD & CEO, HDFC Asset Management Company Ltd. said, “Our #NurtureNature initiative to plant trees on behalf of investors registering digital SIPs, is an endeavor to help investors create wealth while contributing to a greener future. In a digitally inter-connected world, digital onboarding provides investors convenience in investing while also supporting the cause of sustainable development.”

Commenting on this socially responsible initiative Bikrant Tiwary, CEO Grow-Trees.com said "Grow-Trees.com is happy to associate with HDFC Mutual Fund for this initiative for the second time for planting trees in India."

RECENT STORIES

SEBI May Explore Regulating Unlisted Share Market: Tuhin Kanta Pandey
SEBI May Explore Regulating Unlisted Share Market: Tuhin Kanta Pandey
Swaraj Engines Q3 Profit Climbs 32% To ₹42.1 Crore On Strong Volume Growth
Swaraj Engines Q3 Profit Climbs 32% To ₹42.1 Crore On Strong Volume Growth
HDFC Life Reports ₹1,414 Crore Nine-Month Profit; Retail Protection Sees 42% Growth
HDFC Life Reports ₹1,414 Crore Nine-Month Profit; Retail Protection Sees 42% Growth
Jio Financial Services Q3 FY26 Profit At ₹269 Crore, Revenue At ₹901 Crore; Fair Value Gain...
Jio Financial Services Q3 FY26 Profit At ₹269 Crore, Revenue At ₹901 Crore; Fair Value Gain...
L&T Technology Services Reports ₹3,026 Million Profit & ₹29,235 Million Revenue In Q3 FY26
L&T Technology Services Reports ₹3,026 Million Profit & ₹29,235 Million Revenue In Q3 FY26