HDFC Mutual Fund launches HDFC NIFTY200 Momentum 30 Index Fund

NFO period: 09^th February ? 23^rd February, 2024

Highlights of the NFO:

• Scheme type ? An open ended scheme replicating/tracking NIFTY200 Momentum 30 Index (TRI)


• Investment objective ? To generate returns that are commensurate (before fees and expenses) with the performance of the NIFTY200 Momentum 30 Index (TRI) (Underlying 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 NIFTY200 Momentum 30 Index (TRI) over long term, subject to tracking error by investing in equity securities covered by the NIFTY200 Momentum 30 Index.


• Minimum Application Amount ? Rs. 100/- per application and any amount thereafter


• Plan/ Options available ? Regular Plan & Direct Plan having Growth option and Income Distribution cum Capital Withdrawal (IDCW) option with Payout of Income Distribution cum Capital Withdrawal sub-option, Reinvestment of Income Distribution cum Capital Withdrawal sub-option.


• Fund Managers ? Mr. Nirman Morakhia and Mr. Arun Agarwal


• Benchmark ? NIFTY200 Momentum 30 Total Returns Index (TRI)