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  • HDFC Mutual Fund launches HDFC Nifty Top 20 Equal Weight Index Fund

Mar 7, 2025

Mutual Fund

HDFC Mutual Fund launches HDFC Nifty Top 20 Equal Weight Index Fund

NFO period: 07th March - 21st March, 2025

Highlights of the NFO:

  • Scheme type - An open ended scheme replicating/tracking Nifty Top 20 Equal Weight Index (TRI).

  • Investment objective - To generate returns that are commensurate (before fees and expenses) with the performance of the Nifty Top 20 Equal Weight Index (TRI), subject to tracking error.

  • Product suitability - This product is suitable for investors who are seeking returns that are commensurate (before fees and expenses) with the performance of the Nifty Top 20 Equal Weight Index (TRI), over long term, subject to tracking error. Investment in equity securities covered by the Nifty Top 20 Equal Weight Index (TRI).

  • Minimum Application Amount - Rs. 100 and in multiples of Rs. 1/- thereafter.

  • Plan/ Options available - The Scheme has two Plans - Regular Plan & Direct Plan. Each of the Plans will offer Growth option.

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

  • Benchmark - Nifty Top 20 Equal Weight Index (TRI).
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(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)