HDFC Mutual Fund launches HDFC Nifty G: Sec Apr 2029 Index Fund

NFO period: 27^th February – 08^th March, 2023

Highlights of the NFO:

• Scheme type – An open ended target maturity scheme replicating/tracking NIFTY GSec Apr 2029 Index. A Relatively High Interest Rate Risk and Relatively Low Credit Risk


• Investment objective – To generate returns that are commensurate (before fees and expenses) with the performance of the NIFTY G- Sec Apr 2029 Index (Underlying Index), subject to tracking difference. 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 G- Sec Apr 2029 Index, subject to tracking difference over long term by investing in Government Securities/SDL, TREPS on Government Securities/Treasury bills.


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


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


• Fund Managers – Mr. Vikash Agarwal


• Benchmark – NIFTY G- Sec Apr 2029 Index