HDFC SP BSE 500 Index Fund – 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 S&P BSE 500 Index (TRI).
The New Fund Offer price is Rs.10 per unit.
The objective of the scheme is to generate returns that are commensurate (before fees and expenses) with the performance of the S&P BSE 500 Index TRI (Underlying Index),
“The fund manager for this scheme is Mr. Krishan Kumar Daga
Mr. ARUN AGARWAL”
“This product is suitable for investors who are seeking Returns that are commensurate (before fees and expenses) with the performance of the S&P BSE 500 Index (TRI) over long term, subject to tracking error.
Investment in equity securities covered by the S&P BSE 500 Index “
“The scheme asset allocation will be Securities covered by S&P BSE 500 (95-100%)
Debt Securities & Money Market Instruments, units of Debt Schemes of Mutual Funds (0-5%)”
The riskometer for this scheme is Very High.
| Name of Mutual Fund | HDFC Mutual Fund |
| Scheme Name | HDFC SP BSE 500 Index Fund |
| About Scheme | An open ended scheme replicating/tracking S&P BSE 500 Index (TRI) |
| Offer of Unit | Rs.10 |
| Objective | to generate returns that are commensurate (before fees and expenses) with the performance of the S&P BSE 500 Index TRI (Underlying Index), |
| Name of Fund Manager | Mr. Krishan Kumar Daga Mr. ARUN AGARWAL |
| This product is suitable for investors who are seeking | Returns that are commensurate (before fees and expenses) with the performance of the S&P BSE 500 Index (TRI) over long term, subject to tracking error. Investment in equity securities covered by the S&P BSE 500 Index |
| The scheme asset allocation will be | Securities covered by S&P BSE 500 (95-100%) Debt Securities & Money Market Instruments, units of Debt Schemes of Mutual Funds (0-5%) |
| Riskometer | Very High |
| DRHP | Click here |