HDFC Mutual Fund files offers document for Nifty India Sovereign Green Bond Jan 2033 Index Fund
HDFC Mutual Fund has filed offer document with SEBI to launch an open-ended target maturity scheme named ‘HDFC Nifty India Sovereign Green Bond Jan 2033 Index Fund’. The New Fund Offer price is Rs 10. Entry load and Exit load will be nil. The Scheme offers only growth and dividend option for investment, and seeks to collect a Minimum Target Amount of Rs 10 crore.
The performance of the scheme is benchmarked by Nifty India Sovereign Green Bond Jan 2033 Index. The minimum application amount is Rs 100 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 India Sovereign Green Bond Jan 2033 Index.