HDFC Mutual Fund launches HDFC CRISIL IBX Financial Services 3 to 6 Months Debt Index Fund
NFO period: 28th April - 05th May, 2025
Highlights of the NFO:
- Scheme type - An open ended Scheme tracking CRISIL–IBX Financial Services 3-6 Months Debt Index Fund. A Relatively Low Interest Rate Risk and Relatively Low Credit Risk.
- Investment objective - To generate returns that are commensurate (before fees and expenses) with the performance of the CRISIL-IBX Financial Services 3-6 Months Debt Index, subject to tracking difference. There is no assurance that the investment objective of the Scheme will be achieved
- Product suitability - This product is suitable for investors who are seeking income generated from exposure to shorter-term maturities on the yield curve. Returns that are commensurate (before fees and expenses) with the performance of the CRISIL-IBX Financial Services 3-6 Months Debt Index, subject to tracking difference. Investment in debt securities replicating the Underlying Index.
- Minimum Application Amount - Rs. 100/- and in multiples of Re. 1/- thereafter.
- Plan/ Options available - Regular plan & Direct plan having Growth Option only.
- Fund Managers - Mr. Anupam Joshi
- Benchmark - DCRISIL-IBX Financial Services 3-6 Months Debt Index. The benchmark is also referred to as "Underlying Index"
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
