If you invest in mutual funds then this news is for you. Actually, HDFC Asset Management Company Limited, the investment manager of HDFC Mutual Fund, has announced the launch of HDFC Nifty Top 20 Equal Weight Index Fund. The new fund offering (NFO) opened on March 7, 2025. Its closing is March 21, 2025.

Invest from Rs 100

You can invest in this NFO of HDFC Mutual Fund from a minimum of ₹ 100. There is no maximum limit on the investment amount. There is no lock in period in the scheme and there is no exit load. This scheme is for those investors who want to take advantage of the long term growth potential of India’s blue-chip companies. This fund will be managed by Nirman Morakhia and Arun Agarwal.

The fund will be available under regular and direct plans, with only growth option. The scheme provides daily liquidity, allowing investors to buy and redeem units at net asset value (NAV) based prices on any business day.

What did the company official say

Navneet Munot, Managing Director and Chief Executive Officer, HDFC Asset Management Company Limited, said – At HDFC Mutual Fund, we are committed to fulfilling our mission for investors. We continue to expand our range of investment solutions. HDFC Nifty Top 20 Equal Weight Index Fund can enable investors to benefit from the long-term growth potential of India’s top 20 largecap companies. With over two decades of expertise in index solutions, we are well positioned to bring this investment opportunity to our investors.

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