HDFC MF announced that fresh lumpsum investments (including additional purchases and switch-ins) will be discontinued. The fresh systematic transactions registrations such as SIPs (including SIP Top up), STPs (into the scheme) etc. shall be registered only under monthly frequency for an amount of up to Rs 1 lakh per investor.
As per industry sources, given the steep valuations and recent rally in the real estate stocks, HDFC MF has taken a fair call to restrict inflows into its Nifty Realty Index Fund
HDFC Nifty Realty Index Fund offers investors exposure to a diversified portfolio of real estate stocks through a single instrument, eliminating the need for individual stock selection
Weekly Musings – NFO Pick (HDFC Nifty Realty Index Fund) indiainfoline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiainfoline.com Daily Mail and Mail on Sunday newspapers.
HDFC Mutual Fund announced the launch of the HDFC NIFTY200 Momentum 30 Index Fund. The scheme opened for public subscription on February 09, 2024, and will close on February 23, 2024.