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The information and data contained in this Website do not constitute distribution, an offer to buy or sell or solicitation of an offer to buy or sell any Schemes/Units of HDFC Mutual Fund in any jurisdiction in which such distribution, sale or offer is not authorised. The material/information provided in this Website is for the limited purposes of information only for the investors. In particular, the information herein is not for distribution and does not constitute an offer to buy or sell or solicitation of an offer to buy or sell any Schemes/Units of HDFC Mutual Fund to any person in the United States of America ('USA')/Canada.

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  AMC's CSR Initiatives

Click here to view CSR Policy

PREAMBLE

HDFC Asset Management Company Limited (AMC) is a subsidiary of HDFC Ltd. Being a part of the HDFC group, corporate social responsibility (CSR) is an important part of AMC’s culture and value systems. AMC had set up a separate Corporate Social Responsibility Fund with the object of participating and supporting projects undertaken by Non-Governmental organizations (NGOs), community groups and others; for social/ philanthropic causes, investor centric initiatives, well before the CSR provisions / rules were effective under the Companies Act, 2013 (Act).

As an Investment Manager to HDFC Mutual Fund, one of our unique initiative for CSR was launching series of Cancer Cure Funds partnering with Indian Cancer Society (ICS) to provide financial assistance to the needy cancer patients for their treatment by tapping those investors who would be willing to donate part of the dividend or entire dividend declared, if any, under the scheme for this purpose.


OUR VISION

To be a dominant player in the Indian mutual fund space recognized for its high levels of ethical and professional conduct and a commitment towards enhancing investor interests. Our CSR initiatives will be aligned with the same principles to serve a social purpose, sustainable development of the society and the environment in which it operates.


ANNEXURE A (AS MENTIONED IN THE CSR POLICY)

INDIAN CANCER CURE FUND (ICCF) PROJECT



Cancer Cure Fund Project (ICCF) is a flagship project of Indian Cancer Society (ICS) which provides financial assistance for treatment of needy and low income patients diagnosed for any curable cancer with a reasonable survivor risk. HDFC AMC has partnered with Indian Cancer Society for this Project as part of its CSR initiative.

As a philanthropic initiative, HDFC AMC as an Investment Manager of HDFC Mutual Fund, had launched HDFC Cancer Cure Fund (2011), a 3 year closed-ended Capital Protection Oriented Income Scheme and upon maturity of the same, launched another HDFC Cancer Cure Fund 2014 (Scheme), a 3 year closed-ended Capital Protection Oriented Income Scheme, where the dividend received by the Investors from the Schemes is donated to Indian Cancer Society (ISC) on behalf of the Investors to Indian Cancer Cure Fund Project. This Scheme is one of its kind in the industry that caters to philanthropic and corporate social responsibility (CSR) needs of investors.

HDFC AMC’s partnering involves direct contribution to ICS and also contribution of dividend received from the investment made in the Scheme.

ICCF Project falls under sub-clause (i) of Schedule VII of the Companies Act, 2013- Promotion of health care including preventive healthcare. HDFC AMC had agreed to contribute Rs. 5 crores per annum for 3 years effective FY 2014-2015, dividend received under the Scheme for the investment made by HDFC AMC till the maturity of the Scheme i.e. 3 years from FY 2014-2015. Additionally, a contribution of Rs. 6.86 crores was also made to ICS during the financial year 2016-17. Thus, a total contribution of Rs. 12.23 crores was made to ICS towards this Cancer Cure Project during the financial year 2016-17.

  Click here to know about major contributors in HDFC Charity Fund for Cancer Cure

THE CHILDS TRUST MEDICAL RESEARCH FOUNDATION - PROJECT ON PREVENTION AND MANAGEMENT OF PAEDIATRIC BURNS

The Childs Trust Medical Research Foundation is a premier Children's Health Care Institute in South India at Chennai. It has a well known paediatric hospital called 'Kanchi Kamakoti CHILDS Trust Hospital' (K.K.C.T.H). From the inception of this institution K.K.C.T.H., the research and educational activities are handled by the Child's Trust Medical Research Foundation.

AMC has been associated with The CHILDS Trust Medical Research Foundation since 2015 and had supported their new Project on Prevention and Management of Paediatric Burns in the lower strata of society for financial year 2016-17.

AMC has contributed an amount of Rs. 10 lakhs for the above project. This project is covered under sub-clause (i) of Schedule VII of the Companies Act, 2013 - Promotion of health care including preventive healthcare.

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