HDFC Mutual Fund launches HDFC S&P BSE 500 ETF

NFO period: 30^th January – 09^th February, 2023

Highlights of the NFO:

• Scheme type – An open ended scheme replicating/tracking S&P BSE 500 Index


• Investment objective – To generate returns that are commensurate (before fees and expenses) with the performance of the S&P BSE 500 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 S&P BSE 500 Index (TRI), over long term, subject to tracking error by investing in securities covered by the S&P BSE 500 Index.


• Minimum Application Amount – First investment is Rs. 500/- and in multiple of Rs. 1/- thereafter


• Plan/ Options available – Presently the scheme does not offer any Plans/Options for investment.


• Fund Managers – Mr. Abhishek Mor, Mr. Nirman Morakhia and Mr. Arun Agarwal


• Benchmark – S&P BSE 500 Index (TRI)