2025-02-13 03:41:06 pm | Source: Accord Fintech
HDFC Mutual Fund files offer document for Nifty Top 20 Equal Weight Index Fund
HDFC Mutual Fund has filed offer document with SEBI to launch an open-ended scheme named ‘HDFC Nifty Top 20 Equal Weight Index Fund’ .The New Fund Offer price would be Rs 10. Entry load and Exit Load will be nil. The Scheme offers Growth Option only for investment and seeks to collect a Minimum Target Amount of Rs 5 crore.
The performance of the scheme will be benchmarked against Nifty Top 20 Equal Weight Index (TRI). The minimum application amount is Rs 100 and any amount thereafter.
The investment objective of the Scheme is to generate returns that are commensurate (before fees and expenses) with the performance of the Nifty Top 20 Equal Weight Index (TRI).
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