HDFC S&P BSE 500 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 S&P BSE 500 Index Fund NFO

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)

Investment Details

Asset Allocation

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%)

Risk Profile

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)

Fund Managers

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

Investment Objective