HDFC Mutual Fund launches HDFC Developed World Indexes Fund of Funds

NFO period: 14^th September – 28^th September, 2021

Highlights of the NFO:

• Scheme type – An open ended fund of funds scheme investing in units/shares of overseas Index Funds and/or ETFs which will in aggregate track the MSCI World Index


• Investment objective – The investment objective of the scheme is to provide long-term capital appreciation by passively investing in units/shares of overseas Index Funds and/or ETFs which will in aggregate closely correspond to the MSCI World Index, subject to tracking errors. There is no assurance that the investment objective of the scheme will be realized.


• Product suitability – The product is suitable for investors who are seeking returns that closely correspond to the performance of the MSCI World Index, subject to tracking errors, over long term by investing in units/shares of overseas equity Index Funds and/or ETFs.


• Minimum Application Amount – First investment is Rs. 5,000/- and and any amount thereafter


• Plan/ Options available – Regular Plan and Direct Plan having Growth Option only.


• Fund Managers – Mr. Krishan Kumar Daga


• Benchmark – MSCI World Index