MUTUAL FUNDS
HDFC Mutual Fund files offer document for Nifty Metal ETF
Jun-23-2026
HDFC Mutual Fund has filed offer document with SEBI to launch an open-ended scheme named ‘HDFC Nifty Metal ETF’. The New Fund Offer price for units would be 1/100th of the Value of the Underlying Index during NFO. Entry load and Exit load will be nil. The Scheme does not offer any options/ plans investment and seeks to collect a Minimum Target Amount of Rs 5 crore.

The performance will be benchmarked against Nifty Metal Index (TRI). The minimum application amount during NFO will be Rs 500 and in multiples of Rs 1 thereafter.

The investment objective of the scheme is to generate  returns  that  are  commensurate  (before  fees  and expenses)  with  the  performance  of  the  Nifty  Metal  Index  (TRI).
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