2026-07-20 04:13:29 pm | Source: Accord Fintech
HDFC MF introduces Nifty Metal ETF
HDFC Mutual Fund (MF) has launched HDFC Nifty Metal ETF, an open-ended scheme replicating/tracking Nifty Metal Index (TRI). The NFO opens for subscription on July 20, 2026 and closes on July 24, 2026. The Entry Load is not applicable and the Exit load is nil for the scheme. The minimum subscription amount is Rs 500 per application and in multiples of Re. 1 thereafter.
The performance of the scheme will be benchmarked against Nifty Metal Index (TRI) and its fund managers are Abhishek Mor 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 Metal Index (TRI), subject to tracking error.
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