(As of 30 Apr, 2019)
The investment objective of the Scheme is to generate returns that are commensurate with the performance of the NIFTY 50 Index, subject to tracking errors. There is no assurance that the investment objective of the Scheme will be realized.
(since 19 Oct, 2015)
(If redeemed within 3 days)
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
HDFC Bank Ltd
Reliance Industries Ltd
Housing Development Finance Corp Ltd
Index Mutual Funds imitate the benchmark indices not just comprising the same securities but also in the same proportion.They track the composition of standard benchmark indices suchas Nifty 50 or Sensex and are passively managed – without any intervention from the fund manager. This also means that IndexMutual Fund scheme will perform in line with the benchmark index it’s tracking, replicating the returns at a minimal cost.
This fund is rated 3 stars by Morning Star Ratings.
HDFC Mutual Fund is one of India’s largest and well established mutual funds houses with focus on delivering consistent fund performance across categories since the launch of the first scheme(s) in July 2000. We, at HDFC Mutual Fund, believe in constantly reviewing the markets for new trends, identifying new growth sectors and sharing this knowledge with our investors in the form of product offerings, so as to give our investors long-term benefits. HDFC Mutual Fund has various products across asset and risk categories to enable investors to invest in line with their investment objectives and risk taking capacity.
Vision of HDFC Mutual Fund – To be a dominant player in the Indian mutual fund space recognized for its high levels of ethical and professional conduct and a commitment towards enhancing investor interests. HDFC’s Mutual Fund philosophy is based on 3 pillars.