HDFC Mutual Fund introduces NIFTY Reality Index Fund
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HDFC Mutual Fund (MF) has launched HDFC NIFTY Realty Index Fund, an open-ended scheme replicating/tracking NIFTY Realty Index (TRI). The NFO opens for subscription on March 07, 2024 and closes on March 21, 2024. The Entry load and Exit load is not applicable for the scheme. The minimum subscription amount is Rs 100 and any amount thereafter.
The performance of the scheme will be benchmarked against NIFTY Realty 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 NIFTY Realty Index (TRI), subject to tracking error
