HDFC Nifty India Digital Index Fund
HDFC Nifty India Digital Index fund It will be an open-ended scheme that replicates or tracks the Nifty India Digital Index (TRI). The investment objective of the scheme is to generate returns that are proportionate to the performance of the Nifty India Digital Index (TRI), before fees and expenses, while managing tracking errors.The scheme will be benchmarked against the Nifty India Digital Index (TRI) and will be managed by Nirman Morakhia and Arun Agarwal.
The minimum application amount will be Rs 100, with no upper limit for further investments. The scheme will not have any exit charge. It will allocate 95-100% of its assets to securities covered by the Nifty India Digital Index (TRI) and 0-5% to debt securities, money market instruments and units of debt mutual fund schemes.
The scheme is suitable for investors seeking returns that closely match (before fees and expenses) the performance of the Nifty India Digital Index (TRI) over a long term, subject to tracking errors, and who wish to invest in equity securities covered by the Nifty India Digital Index (TRI).
HDFC Commodity Fund
HDFC Commodity Fund will be an open-ended investment scheme focused on investing in companies involved in the commodity and commodity-related sectors. The investment objective is to generate long-term capital appreciation by investing primarily in equity and equity-related securities of companies in these sectors.
The scheme will be benchmarked against the NIFTY Commodity Index (TRI) and will be managed by Abhishek Poddar and Dhruv Muchhal.
For each purchase or redemption of units, a 1% exit fee will be payable if units are redeemed or redeemed within 30 days of the allocation date. No exit fee will be payable if units are redeemed or redeemed after 30 days from the allocation date.
The minimum application amount will be Rs 100, with no upper limit for further investments. The scheme will allocate its assets as follows: 80-100% to equity and equity-related instruments of companies engaged in commodity and commodity-related sectors; 0-20% to equity and equity-related instruments (including derivatives) of companies outside these sectors; 0-20% to debt securities, money market instruments and fixed-income derivatives; 0-20% to gold ETFs, silver ETFs and any commodity ETFs permitted by SEBI; 0-10% to units issued by REITs and InvITs; and 0-20% to units of mutual funds.
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