| Launch date | 22 Nov 2024 |
| Allotment date | 11 Dec 2024 |
| End date | 06 Dec 2024 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: NA
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Minimum investment amounts
| Min. for 1st investment | ₹100 |
| Min. for 2nd investment onwards | ₹100 |
| Min. for SIP | ₹100 |
Fund management
Arun AgarwalNov 2024 - PresentView details
Nirman S. MorakhiaNov 2024 - PresentView details
Fund house & investment objective
| Rank (total assets) | #2 in India |
|---|---|
| Total AUM | ₹7,57,067.19Cr |
| Date of Incorporation | 10 Dec 1999 |
|---|
HDFC Nifty India Digital Index Fund Direct Growth is a Equity Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was made available to investors on 10 Dec 1999. Arun Agarwal is the Current Fund Manager of HDFC Nifty India Digital Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹7,57,067 Cr and the Latest NAV as of 26 Dec 2024 is ₹9.67. The HDFC Nifty India Digital Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. ;
Investment Objective
The schemes seeks to generate returns that are commensurate (before fees and expenses) with the performance of the Nifty India Digital Index (TRI), subject to tracking error ;
| Fund benchmark | Nifty India Digital Total Return Index |
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