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HDFC Mutual Fund has launched HDFC Nifty100 Quality 30 Index Fund, an open-ended scheme replicating/tracking Nifty100 Quality 30 Index (TRI). The NFO opens for subscription on January 31, 2025 and closes on February 14, 2025. No Entry Load will be 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 will be benchmarked against Nifty100 Quality 30 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 Nifty100 Quality 30 Index (TRI), subject to tracking error.