01-01-1970 12:00 AM | Source: Accord Fintech
HDFC Mutual Fund files offers document for Nifty Gsec December 2026 Index Fund
HDFC Mutual Fund has filed offer document with SEBI to launch an open-ended target maturity scheme named ‘HDFC Nifty Gsec Dec 2026 Index Fund’. The New Fund Offer price will be 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 10 crore.
The performance of the scheme will be benchmarked by Nifty G-sec Dec 2026 Index. 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 Dec 2026 Index (Underlying Index), subject to tracking difference.
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