HDFC Nifty G-Sec Jun 2036 Index Fund NFO: All you need to know

3 Mar 2023 , 01:12 PM

HDFC Mutual Fund is launching NFO under its “debt category”, named as HDFC Nifty G-Sec Jun 2036 Index Fund. This open-ended fund generate returns that are commensurate (before fees and expenses) with the performance of the Nifty G-Sec Jun 2036 Index (Underlying Index), subject to tracking difference. However, there can be no assurance that the investment objective of the scheme would be achieved.

Investment strategy: The scheme aims to generate returns that are commensurate (before fees and expenses) with the performance of the Nifty G-Sec Jun 2036 Index, subject to tracking difference over long term. 

Asset allocation: HDFC Nifty G-Sec Jun 2036 Index Fund invests in Government Securities/SDL, TREPS on Government Securities/Treasury bills.

Who should invest?

Investors with moderate risk appetite and want to invest for 3 to 5 years in a mutual fund should invest in HDFC Nifty G-Sec Jun 2036 Index Fund. Those who want to get regular income from A Relatively High Interest Rate Risk and Relatively Low Credit Risk fund should invest.

Risk associated: Moderate level of risk.

Benchmark: Nifty G-Sec Jun 2036 Index.

Fund Managers: Mr. Vikash Agarwal.

The NFO is available for subscription from February 27 to March 8. The schemes will reopen for continuous sale and repurchase within five Business Days from the date of allotment. The fund offers systematic investment solutions like SIP and SWP to create a flexible investment plan. The minimum subscription amount is Rs 100/- and in multiples of any amount thereafter. 

It offers Regular Plan and Direct Plan. Each plan offers Growth and Income options. Click here to invest in HDFC Nifty G-Sec Jun 2036 Index.