HDFC Mutual Fund Introduces NIFTY100 Low Volatility 30 Index

HDFC Asset Management Co. Ltd., investment manager to HDFC Mutual Fund (HDFC MF), one of India’s leading mutual fund houses, announces the launch of the HDFC NIFTY100 Low Volatility 30 Index Fund, a passively managed fund that aims to track the NIFTY100 Low Volatility 30 Total Returns Index. The new fund offering (NFO) opens on June 21st and closes on July 5th, 2024. This scheme could be suitable for investors aiming to seek long-term wealth creation with exposure to the 30 least volatile stocks from the largecap parent Index, i.e. NIFTY 100.
The NIFTY 100 Low…
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Source: https://smestreet.in/banking/hdfc-mutual-fund-introduces-nifty100-low-volatility-30-index-4776903