HDFC Mutual Fund files offers document for NIFTY G-Sec Index-June 2025 Maturity
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HDFC Mutual Fund has filed offer document with SEBI to launch an open ended target maturity scheme named ‘HDFC NIFTY G-Sec Index-June 2025 Maturity‘. The New Fund Offer price is Rs 10. Entry load and Exit load will be nil. The Scheme offers growth option only for investment and seeks to collect a Minimum Target Amount of Rs 20 crore.
The performance of the scheme will be benchmarked with NIFTY G-Sec Index – June 2025 Maturity. The minimum application amount is Rs 5000 and any amount thereafter.
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 Index - June 2025 Maturity (Underlying Index), subject to tracking error.
