NFO for HDFC Nifty200 Momentum 30 ETF is open now for investors to submit applications. Details of the scheme is as below :
Scheme Type : Open ended scheme replicating NIFTY 200 Momentum 30 Index.
Scheme Sub-Type : Exchange Traded Fund (ETF).
NFO Period : 26th Sep-6th Oct 2022.
Fund Objective : The scheme aims to provide returns by investing in stocks comprising the the NIFTY200 Momentum 30 Index. It also aims to invest in debt & money market instruments. HDFC NIFTY200 Momentum 30 ETF aims to invest in stocks forming part of the Underlying Index in the same ratio as per the index to the extent possible and to that extent follows a passive investment strategy.
Minimum Investment : Rs. 500/- during NFO period & in multiples Rs. 1/- there after.
Entry Load : Nil.
Scheme options : This scheme does not provide any options.
Risk-o-meter : Very High.
Note: Mutual fund investments are subject to market risks, read all scheme related documents carefully.