HDFC Nifty Midcap 150 Index Fund NFO

HDFC Mutual Fund launched a new Index fund.

Pabitra Kumar Moharana

April 6th  2023

Opening Date:  6th April 2023  Closing Date:  18th April 2023 

HDFC Nifty Midcap 150 Index Fund Opening & Closing Date

Minimum Investment:  INR 100  Minimum Additional Purchase: INR 100  Exit Load: Nill   Suitability: Very High Risk  Benchmark: NIFTY Midcap 150 Total Returns Index (TRI)

Investment Details

Asset Allocation

Securities covered by NIFTY Midcap 150 Index (80% to 100%)

Debt Securities & Money Market Instruments, units of Debt Schemes of Mutual Funds (0% to 5%)

Risk Profile

Very high-risk investment IHDFC Nifty Midcap 150 Index Fund is an index fund and benchmarked to NIFTY Midcap 150 Total Returns Index (TRI)

Fund Managers

HDFC Nifty Midcap 150 Index Fund will be managed by two fund managers. Mr Nirman Morakhia Mr Arun Agarwal

To generate returns that are commensurate (before fees and expenses) with the performance of the NIFTY Midcap 150 Index

Investment Objective