HDFC Mutual Fund launches Nifty500 Multicap 50:25:25 Index Fund

Managed by Nirman Morakhia and Arun Agarwal, the new scheme offers investors a minimum investment of Rs 100 throughout the NFO and continuous offer period. Benchmarked against Nifty500 Multicap 50:25:25 Index, this scheme suits investors seeking long-term returns mirroring the Nifty500 Multicap 50:25:25 Index (TRI) performance, while accepting tracking error and investing in equities within the index.