Mon Feb 27 11:09:49 IST 2023

HDFC Mutual Fund launches HDFC Nifty G: Sec Jun 2036 Index Fund

NFO period: 27th February - 08th March, 2023

Highlights of the NFO:

  • Scheme type - An open ended target maturity scheme replicating/tracking NIFTY Gsec Jun 2036 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 Jun 2036 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 Jun 2036 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 Jun 2036 Index

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