HDFC Liquid ETF – HDFC Mutual Fund files offer document with SEBI
HDFC Mutual Fund has filed offer document with SEBI to launch An open ended Scheme replicating/tracking NIFTY 1D Rate Index (TRI.)A Relatively Low Interest Rate Risk and Relatively Low Credit Risk..
The New Fund Offer price is Rs.10 per unit.
The objective of the scheme is to invest in Tri-Party Repos in Government Securities or Treasury Bills (TREPS). The Scheme aims to provide investment returns that, before expenses, closely correspond to the returns of the NIFTY 1D Rate Index
The fund manager for this scheme is Mr. Vikash Agarwal
“This product is suitable for investors who are seeking Current Income with high degree of liquidity
Investment in TREPS covered by the NIFTY 1D Rate Index”
“The scheme asset allocation will be Tri-Party Repos in Government Securities or Treasury Bills (TREPS),(95-100%)
Units of Liquid schemes#(with maturity not exceeding 91 days), Money Market Instruments, cash & cash equivalents. (0-5%)”
The riskometer for this scheme is Low
| Name of Mutual Fund | HDFC Mutual Fund |
| Scheme Name | HDFC Liquid ETF |
| About Scheme | An open ended Scheme replicating/tracking NIFTY 1D Rate Index (TRI.)A Relatively Low Interest Rate Risk and Relatively Low Credit Risk. |
| Offer of Unit | Rs.10 |
| Objective | to invest in Tri-Party Repos in Government Securities or Treasury Bills (TREPS). The Scheme aims to provide investment returns that, before expenses, closely correspond to the returns of the NIFTY 1D Rate Index |
| Name of Fund Manager | Mr. Vikash Agarwal |
| This product is suitable for investors who are seeking | Current Income with high degree of liquidity Investment in TREPS covered by the NIFTY 1D Rate Index |
| The scheme asset allocation will be | Tri-Party Repos in Government Securities or Treasury Bills (TREPS),(95-100%) Units of Liquid schemes#(with maturity not exceeding 91 days), Money Market Instruments, cash & cash equivalents. (0-5%) |
| Riskometer | Low |
| DRHP | Click here |