HDFC MF launches three index funds

HDFC Mutual Fund has launched three index funds – HDFC S&P BSE 500 Index Fund, HDFC NIFTY Midcap 150 Index Fund & HDFC NIFTY Smallcap 250 Index Fund. 

All three NFOs will close on April 18. 

In a press release, Navneet Munot, MD and CEO, HDFC MF said, “We are one of the pioneers in the passive funds space with over 20-years of experience. We are further expanding our product bouquet with the launch of these 3 new Index Funds. These funds will allow investors to participate in the India growth story while diversifying across market caps.”