MUTUAL FUNDS
HDFC Mutual Fund files offer document for CRISIL-IBX AAA Bond Financial Services Index - Sep 2027 Fund
Jan-03-2025
HDFC Mutual Fund has filed offer document with SEBI to launch an open-ended scheme named ‘HDFC CRISIL-IBX AAA Bond Financial Services Index - Sep 2027 Fund'. The New Fund Offer price will be Rs 10. Exit load will be nil. The Scheme offers Growth Option only for investment and seeks to collect a Minimum Target Amount of Rs 10 crore.

The performance of the scheme will be benchmarked against CRISIL-IBX AAA Financial Services Index –Sep 2027(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 CRISIL-IBX AAA Financial Services Index –Sep 2027 subject to tracking difference.

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