Fri Sep 20 11:00:57 IST 2024

HDFC Mutual Fund launches HDFC NIFTY LargeMidcap 250 Index Fund

NFO period: 20th September - 04th October, 2024

Highlights of the NFO:

  • Scheme type - An open ended scheme replicating/tracking Nifty LargeMidcap 250 Index (TRI)

  • Investment objective - To generate returns that are commensurate (before fees and expenses) with the performance of the Nifty LargeMidcap 250 Index (TRI), subject to tracking error. There is no assurance that the investment objective of the scheme will be achieved.

  • Product suitability - This product is suitable for investors who are seeking returns that are commensurate (before fees and expenses) with the performance of the Nifty LargeMidcap 250 Index (TRI), over long term, subject to tracking error. By investment in equity securities covered by the Nifty LargeMidcap 250 Index (TRI).

  • 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 LargeMidcap 250 Index (TRI)

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)