HDFC Mutual Fund resumes subscriptions in HDFC NIFTY Realty Index Fund
HDFC Mutual Fund has resumed the subscription in HDFC Nifty Realty Index Fund. The scheme will accept subscriptions with effect from June 11.
Modi 3.0 Live
Modi 3.0 is here! Familiar faces, fresh additions, and the big portfolio puzzle
Modi-fying growth: India plans policy twist for jobs & investment
No place for losers: Modi sends a clear message with Cabinet 3.0
The fund will accept subscriptions by way of lumpsum and additional purchases, switch-ins and new registrations of systematic transactions i.e. Systematic Investment Plan (SIP) / Systematic Transfer Plan (STP) / Transfer of IDCW Plan (TIP), etc. The acceptance will be subject to minimum amounts as mentioned in the scheme information document.
Also Read | Equity MF inflows surge 83% to Rs 34,697 crore in May; debt flows plunge 78%
Best MF to invest
Looking for the best mutual funds to invest? Here are our recommendations.
View Details» <div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-110878140»>The fund house had announced discontinuation of lumpsum subscriptions and restrictions on systematic transactions in HDFC Nifty Realty Index Fund in April.
The fund house then stated that systematic transactions registered before the effective date shall continue to be processed. There were no restrictions on redemptions, switch-out, registration of fresh systematic withdrawal plan (SWAP), and STP-out from the scheme.
HDFC Nifty Realty Index Fund is an open-ended scheme replicating/tracking the NIFTY Realty Index (TRI). The minimum application amount for purchase and additional purchase is Rs 100 and any amount thereafter.
T
