iifl-logo-icon 1

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

  • Open Demat with exclusive Advice & Services
  • Get a dedicated Relationship Manager to help you grow your wealth
  • Exclusive advisory on 20+ trading & wealth-based investment options
  • One tap Investments, Automated trading & much more
  • Minimum 1 lakh margin required
sidebar image

HDFC Mutual Fund Pauses Large Investments in Nifty Realty Fund

3 Apr 2024 , 01:47 PM

HDFC Mutual Fund has announced a halt in accepting lump sum investments for its HDFC Nifty Realty Index Fund effective April 8. Additionally, systematic investment plans (SIPs) and top-ups will be restricted to ₹1 Lakh.

The HDFC Nifty Realty Index Fund, launched in early March, is solely dedicated to the domestic real estate sector. Initially open for subscription from March 7 to March 21, it resumed ongoing subscriptions and redemptions from April 2.

The Nifty Realty index has witnessed a year-to-date increase of over 19%, with DLF holding the highest weightage among constituents at 29.2%, followed by Macrotech Developers at 14.1%, Godrej Properties, and Phoenix Mills.

HDFC Mutual Fund ranks as the third-largest asset management company in India based on assets, with assets under management (AUM) totaling ₹6.29 Lakh crore as of February-end.

According to Nuvama analyst, housing demand in India's top seven cities surged by 20% year-on-year and 7% month-on-month in February 2024. Year-to-date demand for the calendar year 2024 rose by 13% year-on-year, while supply witnessed a 28% decline. Prices experienced an uptrend in most cities, particularly soaring by 20% in Bengaluru in February 2024 compared to the previous year. The analyst anticipates an improvement in sales momentum, especially for organized developers.

Currently, the Nifty Realty index tops the list of losing sectoral indices, declining by more than 1% today.

For feedback and suggestions, write to us at editorial@iifl.com

Related Tags

  • hdfc mutual fund
  • Lump Sum Investment
sidebar mobile


12 Apr 2024   |   01:37 PM
12 Apr 2024   |   10:20 AM
12 Apr 2024   |   10:16 AM
Read More
Knowledge Centerplus

Logo IIFL Customer Care Number
1860-267-3000 / 7039-050-000

Logo IIFL Securities Support WhatsApp Number
+91 9892691696

Download The App Now

Knowledge Centerplus

Follow us on


2024, IIFL Securities Ltd. All Rights Reserved

  • Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
  • KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
  • No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to Rs. 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Copyright © IIFL Securities Ltd. All rights Reserved.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.


Get better recommendations & make better investments

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp