MUTUAL FUNDS
HDFC Mutual Fund files offer document for Nifty Auto Index Fund
May-28-2026

HDFC Mutual Fund has filed offer document with SEBI to launch an open ended scheme named ‘HDFC Nifty Auto Index Fund'. The New Fund Offer price will be Rs 10 each during the NFO. Entry load and Exit load will be nil. The Scheme offers growth options for investment and seeks to collect a Minimum Target Amount of Rs 5 crore.

The performance will be benchmarked against Nifty Auto Index (TRI). The minimum application amount during NFO will be Rs 100 and any amount thereafter.

The investment objective of the scheme is to be passive investment in equity and equity related securities replicating the composition of the Nifty Auto Index (TRI).


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