HDFC NIFTY Smallcap 250 Index Fund NFO
NFO opens on April 06, 2023
NFO will close on April 18, 2023
(Our detailed Guidance is given at the bottom of the Page)
Investment Strategy
The scheme seeks to generate returns that are commensurate (before fees and expenses) with the performance of the NIFTY Smallcap 250 Index, subject to tracking error.
Basic Details
Fund House | HDFC Mutual Fund |
Issue Open | 06 April 2023 |
Issue Close | 18 April 2023 |
Type | Open-ended |
Category | Equity: Small Cap |
Min. Investment(Rs) | 100 |
Plans | Growth |
Lock-in Period | NA |
Exit Load | 0 |
Riskometer | Very High |
Benchmark | NIFTY Smallcap 250 TRI |
About Benchmark Index
Nifty Smallcap 250 represents the balance 250 companies (companies ranked 251-500) from Nifty 500. This index intends to measure the performance of small market capitalisation companies.
Nifty Smallcap 250 Index is computed using free float market capitalization method, wherein the level of the index reflects the total free float market value of all the stocks in the index relative to particular base market capitalization value.
Nifty Smallcap 250 can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
Index Variant: Nifty Smallcap 250 Total Returns Index
Past Performance of Benchmark Index
Index Returns (%) | QTD | YTD | 1 Year | 5 Years | Since Inception |
Price Return | -5.88 | -5.88 | 0.41 | 5.68 | 12.99 |
Total Return | -5.75 | -5.75 | 1.40 | 6.75 | 14.40 |
Statistics ## | 1 Year | 5 Years | Since Inception |
Std. Deviation * | 17.45 | 20.48 | 22.06 |
Beta (NIFTY 50) | 0.84 | 0.82 | 0.79 |
Correlation (NIFTY 50) | 0.74 | 0.78 | 0.78 |
Fundamentals
P/E | P/B | Dividend Yield |
17.77 | 2.87 | 1.32 |
Study about Benchmark Index in details
Fund Manager
1) Nirman Morakhia
Education: Mr. Morakhia has done B.M.S and M.B.A- Financial Markets
Experience: Prior to joining HDFC Mutual Fund, he has worked with Mirae Asset Global Investment Management India Pvt. Ltd.
Past Performance of his Schemes
Fund | HDFC Nifty 100 Index Fund | It’s Benchmark | HDFC Index Fund Nifty 50 Plan | It’s Benchmark |
1 Year | -3.42 | -0.06 | -0.69 | -0.06 |
3 Year | — | — | 26.11 | 27.37 |
5 Year | — | — | 11.76 | 11.94 |
7 Year | — | — | 13.05 | 13.78 |
10 Year | — | — | 12.46 | 13.33 |
2) Arun Agarwal
Education: Mr. Agarwal is a B.Com. and Chartered Accountant
Experience: Prior to joining HDFC Asset Management Company Limited, he has worked with SBI Funds Management Pvt. Ltd., ICICI Bank Limited, UTI Asset Management Pvt. Ltd.
Past Performance of his Schemes
Fund | HDFC NIFTY50 Equal Weight Index Fund | It’s Benchmark | HDFC NIFTY Bank ETF | It’s Benchmark |
1 Year | 0.14 | -0.06 | 11.94 | 10.81 |
3 Year | — | — | — | — |
5 Year | — | — | — | — |
7 Year | — | — | — | — |
10 Year | — | — | — | — |
AMC:
HDFC Asset Management Company Ltd
Address: Ground Floor, Mafatlal House, H.T Parekh Marg Backbay Reclamation Churchgate Mumbai – 400020
Website: http://www.hdfcfund.com
Registrar & Transfer Agent:
Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai – 600002
Website: www.camsonline.com
Guidance for HDFC NIFTY Smallcap 250 Index Fund NFO
by Paresh Gordhandas, C.A., Research Analyst.
Will Post Soon
>> Post your MF questions @ chanakyamfguidance.com/ask-me/
>> Stock Research Reports:
https://www.analysislibrary.com/
>> NFO Guidance:
https://chanakyamfguidance.com/category/nfos/
>> Chanakya’s Mutual Fund Guidance on YouTube
https://www.youtube.com/c/ChanakyaNiPothi
>> Join Chanakya MF’s Telegram Channel @
https://t.me/chanakyaMFGuidance
>> For Higher studies, Interview skills, Competitive Exam books
http://www.gyanpothi.com/search-institutes/
>> Get Good Staff or Job, Click: Staffavailable.com
>> To apply for Government & PSU jobs, click
https://www.staffavailable.com/government-psu-jobs/
>> Go to IPOs Analysis Section, Click
>> Interested in Used Automobiles or vintage cars? Click: BigGaddi.com
>> Interested in Crossword Puzzles? Click: magajmari.com
https://chanakyamfguidance.com/kotak-nifty-smallcap-50-index-fund-nfo/