2026-09-08 05:42:12 pm | Source: Accord Fintech
HDFC Mutual Fund files offer document for FTSE India Equity ETF
HDFC Mutual Fund has filed offer document with SEBI to launch an open-ended scheme named ‘HDFC FTSE India Equity ETF'. The New Fund Offer price will be 1/100th of the Value of the Underlying Index during the NFO. Entry load and Exit Load will be nil. The Scheme does not offer any plans or options for investment and seeks to collect a Minimum Target Amount of Rs 5 crore.
The performance will be benchmarked against FTSE India Equity Index (TRI). The minimum application amount will be Rs 500 and in multiple of Rs 1 thereafter.
The investment objective of the scheme is to generate returns that are commensurate (before fees and expenses) with the performance of the FTSE India Equity Index (TRI
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