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The Economic Times
The Economic Times
Surbhi Khanna

NFO Alert: HDFC Mutual Fund announces launch of Nifty Auto Index Fund

HDFC Mutual Fund India

HDFC Mutual Fund has launched the HDFC Nifty Auto Index Fund, an open-ended scheme that offers investors exposure to India’s automobile and auto ancillary growth story through a passive investment strategy.

The new fund offer (NFO) is open for subscription and will close on July 3. The scheme will reopen for continuous sale and repurchase within five working days from the date of allotment of units under the NFO.

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