HDFC MF introduces Nifty Metal ETF FOF
HDFC Mutual Fund (MF) has launched HDFC Nifty Metal ETF FOF, an Open-ended Fund of Fund scheme investing in units of HDFC Nifty Metal ETF. The NFO opens for subscription on July 20, 2026 and closes on August 03, 2026. No Entry Load will be charged. The Exit load: In respect of each purchase / switch-in of Units: an Exit Load of 1% is payable if Units are redeemed/ switched out within 15 days from the date of allotment and No Exit Load is payable if Units are redeemed/ switched-out on or after 15 days from the date of allotment. The minimum subscription amount is Rs.100/- and any amount thereafter.
The performance of the scheme will be benchmarked against Nifty Metal Index (TRI) and its fund managers are Nandita Menezes and Arun Agarwal.
The investment objective of this scheme is to generate returns by investing in units of HDFC Nifty Metal ETF.
