HDFC Index Fund Nifty 50 Plan Direct Growth is a Others Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was introduced to investors on 31 Dec 2012. Krishan Daga is the Current Fund Manager of HDFC Index Fund Nifty 50 Plan Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹1,047 Cr and the Latest NAV as of 23 Jan 2020 is ₹112.61.
The HDFC Index Fund Nifty 50 Plan Direct Growth is rated Moderately High risk. Minimum SIP Investment is 500. Exit load of 0.25% if redeemed within 3 days.
The plan will invest primarily in 50 scrips comprising the S&P CNX NIFTY in the same proportion.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 0.25% if redeemed within 3 days