HDFC Asset Management Company, investment manager to HDFC Mutual Fund, has launched three schemes - HDFC S&P BSE 500 Index Fund, HDFC NIFTY Midcap 150 Index Fund & HDFC NIFTY Smallcap 250 Index Fund. The launch of these schemes will expand the suite of HDFC MF Index Solutions, and allow investors to participate in the India growth story in a diversified manner.
The respective indices offer diversified exposure to large, mid and smallcap segments, but with lower volatility than the vast majority of their underlying constituents. Thus, the Index Funds tracking these respective indices offer a simple and efficient way to gain exposure to large, mid and smallcaps through a single instrument. Moreover, winners among largecap, midcap and smallcap indices change from year to year, and hence investors can get exposure to all 3 market cap segments through these Index Funds.
HDFC Asset Management Company offers a large suite of savings and investment products across asset classes, which provide income and wealth creation opportunities to its customers.
