(As of 30 Apr, 2019)
The investment objective of the Scheme is to reflect/mirror the market returns with a minimum tracking error. The scheme does not assure or guarantee any returns.
(since 01 Apr, 2016)
(If redeemed within 7 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 2 stars by Morning Star Ratings.
Default for all .