HDFC Mutual Fund launches HDFC NIFTY500 Multicap 50:25:25 Index Fund

NFO period: 06^th August – 20^th August, 2024

Highlights of the NFO:

• Scheme type – An open ended scheme replicating/tracking Nifty500 Multicap 50:25:25 Index


• Investment objective – To generate returns that are commensurate (before fees and expenses) with the performance of the Nifty500 Multicap 50:25:25 Index, subject to tracking error. There is no assurance that the investment objective of the scheme will be achieved.


• Product suitability – The product is suitable for investors who are seeking returns that are commensurate (before fees and expenses) with the performance of the Nifty500 Multicap 50:25:25 Index, over long term, subject to tracking error. By investing in equity securities covered by the Nifty500 Multicap 50:25:25 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 – Nifty500 Multicap 50:25:25 Index