HDFC MF introduces Nifty G-Sec Jun 2036 Index Fund
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HDFC Mutual Fund (MF) has launched HDFC Nifty G-Sec Jun 2036 Index Fund, an open-ended target maturity scheme replicating/tracking NIFTY G-Sec Jun 2036 Index. A Relatively High Interest Rate Risk and Relatively Low Credit Risk. The NFO opens for subscription on February 27, 2023 and closes on March 08, 2023. The Entry load and Exit load is not applicable for the scheme. The minimum subscription amount is Rs 100 and any amount thereafter.
The performance of the scheme will be benchmarked against NIFTY G-sec Jun 2036 Index and its fund manager is Vikash Agarwal.
The Investment objective of the scheme is to generate returns that are commensurate (before fees and expenses) with the performance of the NIFTY G-sec Jun 2036 Index (Underlying Index), subject to tracking difference.
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