HDFC Mutual Fund launches HDFC NIFTY50 Equal Weight Index Fund

NFO period: 04^th August – 13^th August, 2021

Highlights of the NFO:

• Scheme type – An open ended scheme replicating/tracking NIFTY50 Equal Weight Index


• Investment objective – To generate returns that are commensurate (before fees and expenses) with the performance of the NIFTY50 Equal Weight Index TRI (Underlying Index), subject to tracking error. There is no assurance that the investment objective of the scheme will be realized.


• Product suitability – The product is suitable for investors who are seeking returns that are commensurate (before fees and expenses) with the performance of the NIFTY50 Equal Weight Index over long term, subject to tracking error by investing in securities covered by the NIFTY50 Equal Weight Index.


• Minimum Application Amount – First investment is Rs. 5,000/- and any amount thereafter


• Plan/ Options available – Regular Plan and Direct Plan. Each Plan offers Growth Option Only.


• Fund Managers – Mr. Krishan Kumar Daga


• Benchmark – NIFTY50 Equal Weight Total Returns Index (TRI)