MUTUAL FUNDS
HDFC Mutual Fund files offer document for Nifty Metal ETF FOF
Jun-23-2026

HDFC Mutual Fund has filed offer document with SEBI to launch an open ended fund of fund scheme named ‘HDFC Nifty Metal ETF FOF’. The New Fund Offer price for units would be Rs 10 during the NFO. Entry load will be nil. Exit load will be 1% is payable if Units are redeemed / switched-out within 15 days from the date of allotment; No Exit Load is payable - if  Units are redeemed / switched-out after 15 days from the date of allotment. The Scheme offers Growth option only for investment and seeks to collect a Minimum Target Amount of Rs 10 crore.

The performance will be benchmarked against Nifty Metal Index (TRI). The minimum application amount during NFO will be Rs 100 and any amount thereafter.

The investment objective of the scheme is to seek capital appreciation by investing in units of HDFC Nifty Metal ETF. The Scheme shall buy/sell HDFC Nifty Metal ETF units either directly with the Fund or through the secondary market on the Stock Exchange(s). Investments will be as per the limits in the asset allocation table of the Scheme, subject to permissible limits laid under SEBI (MF)Regulations. Investment in debt securities will be guided by credit quality liquidity, interest rates and their outlook.

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