HDFC Mutual Fund launches HDFC NIFTY Reality Index Fund

NFO period: 07^th March – 21^st March, 2024

Highlights of the NFO:

• Scheme type – An open-ended scheme replicating/ NIFTY Realty Index (TRI)


• Investment objective – To generate returns that are commensurate (before fees and expenses) with the performance of the NIFTY Realty Index (TRI), 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 NIFTY Realty Index (TRI) over long term, subject to tracking error by investing in equity securities covered by the NIFTY Realty Index.


• Minimum Application Amount – First investment is Rs. 100/- and and any amount thereafter


• Plan/ Options available – Regular Plan and Direct Plan having Growth Option only.


• Fund Managers – Mr. Nirman Morakhia and Mr. Arun Agarwal


• Benchmark – NIFTY Realty Index (TRI)