HDFC MF introduces NIFTY Large- Midcap 250 Index Fund
HDFC Mutual Fund has launched HDFC NIFTY Large-Midcap 250 Index Fund, an open-ended scheme replicating/tracking Nifty LargeMidcap 250 Index (TRI). The NFO opens for subscription on September 20, 2024 and closes on October 04, 2024. No Entry Load is charged and the Exit Load is nil for the scheme. The minimum subscription amount is Rs 100 and any amount thereafter.
The performance of the scheme is measured against Nifty LargeMidcap 250 Index (TRI) and its fund managers are Nirman Morakhia and Arun Agarwal.
The investment objective of the scheme is to generate returns that are commensurate (before fees and expenses) with the performance of the Nifty LargeMidcap 250 Index (TRI), subject to tracking error.