HDFC Mutual Fund launched a new Index fund.
Pabitra Kumar Moharana
April 6th 2023
Opening Date: 6th April 2023 Closing Date: 18th April 2023
Minimum Investment: INR 100 Minimum Additional Purchase: INR 100 Exit Load: Nill Suitability: Very High Risk Benchmark: S&P BSE 500 Total Returns Index (TRI)
Securities covered by S&P BSE 500 Index (95% to 100%)
Debt Securities & Money Market Instruments, units of Debt Schemes of Mutual Funds (0% to 5%)
Very high-risk investment IHDFC S&P BSE 500 Index Fund is an index fund and benchmarked to S&P BSE 500 Total Returns Index (TRI)
HDFC S&P BSE 500 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 S&P BSE 500 Index TRI