HDFC Mutual Fund launches HDFC NIFTY100 Low Volatility 30 Index Fund

NFO period: 21^st June ? 05^th July, 2024

Highlights of the NFO:

• Scheme type ? An open ended scheme replicating/tracking NIFTY100 Low Volatility 30 Index (TRI)


• Investment objective ? To generate returns that are commensurate (before fees and expenses) with the performance of the NIFTY100 Low Volatility 30 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 NIFTY100 Low Volatility 30 Index (TRI), over long term, subject to tracking error. By investing in equity securities covered by the NIFTY100 Low Volatility 30 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 ? NIFTY100 Low Volatility 30 Index (TRI)