Home Financial Assets HDFC Mutual Fund’s Mission Samriddhi completes one year, reaches 15,000 armed forces personnel
Financial Assets

HDFC Mutual Fund’s Mission Samriddhi completes one year, reaches 15,000 armed forces personnel

Share


HDFC Mutual Fund has completed one year of Mission Samriddhi, its investor education initiative for India’s armed forces personnel and their families. Launched on Kargil Vijay Diwas in 2025, the programme has conducted more than 130 financial literacy sessions across Army, Navy and Air Force establishments, reaching over 15,000 defence personnel in its first year.

The initiative focuses on improving financial awareness through sessions on mutual funds, financial planning, disciplined investing and long-term wealth creation. According to the company, the programme has been held at defence establishments across the country, including locations such as Patiala, Ambala, Agra and Aizawl, and is designed to address the financial planning requirements of armed forces personnel and their families.

To extend support beyond these sessions, HDFC Mutual Fund has also introduced a dedicated missed-call helpline exclusively for armed forces personnel, allowing them to seek information and assistance related to mutual funds and investing.

Commenting on the milestone, Navneet Munot, Managing Director and Chief Executive Officer, HDFC Asset Management Company Limited, said, “The men and women of our armed forces dedicate their lives to protecting the nation, and Mission Samriddhi is our way of supporting them build a financial well-being for the future. Over the past year, we have been encouraged by the response from defence personnel across the country, reaffirming the importance of financial awareness and investor education. As we mark one year of this initiative, we remain committed to expanding its reach and empowering more members of the armed forces and their families with the knowledge to make informed financial decisions.”

The company said it plans to expand Mission Samriddhi to more defence establishments as the initiative enters its second year, with the aim of strengthening financial awareness among armed forces personnel and their families.



Source link

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Sandisk Perpetual Futures Surpass Bitcoin On Binance As Traditional Finance Assets Gain Traction

Sandisk Perpetual Futures Surpass Bitcoin On Binance As Traditional Finance Assets Gain...

Optimi Health Establishes $100 Million Equity Facility as Psychedelic Commercialisation Advances

Key Points Optimi Health has established a discretionary equity facility allowing it...

FASB sets 3 tests for stablecoins to qualify as cash

The Financial Accounting Standards Board (FASB) proposed new U.S. accounting guidance on...

Evoke Shareholders Approve Bally’s Deal Amid Liquidity Concerns

More than 99% of the votes backed the acquisition, with the expectation...