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News HDFC Mutual Fund launches HDFC NIFTY Smallcap 250 ETF
Jan 30, 2023
Mutual Fund
HDFC Mutual Fund launches HDFC NIFTY Smallcap 250 ETF
NFO period: 30th January - 09th February, 2023
Highlights of the NFO:
- Scheme type - An open ended scheme replicating/tracking NIFTY Smallcap 250 Index
- Investment objective - To generate returns that are commensurate (before fees and expenses) with the performance of the NIFTY Smallcap 250 Index, subject to tracking error. 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 Smallcap 250 Index (TRI), over long term, subject to tracking error by investing in securities covered by the NIFTY Smallcap 250 Index.
- Minimum Application Amount - First investment is Rs. 500/- and in multiple of Rs. 1/- thereafter
- Plan/ Options available - Presently the scheme does not offer any Plans/Options for investment.
- Fund Managers - Mr. Abhishek Mor, Mr. Nirman Morakhia and Mr. Arun Agarwal
- Benchmark - NIFTY Smallcap 250 Index (TRI)
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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