Mumbai, May 30 (PTI) HDFC Mutual Fund on Monday announced a green initiative in the run up to the environment day to be celebrated soon.
The asset management company aims to plant a sapling for every Systematic Investment Plan (SIP) registered online in eligible Equity-oriented and gold schemes within the first ten days of June, a statement said.
Mumbai, 3 June, 2022: After the success of its maiden Go Green initiative, HDFC Mutual Fund is back with 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 01 June – 10 June, 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.
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. For detailed terms and conditions refer https://www.hdfcfund.com/information/nurturenature
Commenting on this socially responsible initiative, Mr. 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 Mr. 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. We believe that a greener future is possible and that it starts with us. This thoughtful initiative by HDFC Mutual Fund aims to support the cause of protecting our environment and promoting a greener future.”
