HDFC Nifty100 Quality 30 Index Fund – Minimum Investment, Subscription Date

HDFC Mutual Funds has introduced HDFC Nifty100 Quality Index Fund, offering investors an opportunity to invest in a portfolio of high-quality stocks. With a minimum investment amount of Rs 100, this open-ended scheme tracks the Nifty100 Quality 30 Total Returns Index based on key financial parameters.

The fund, managed by Nirman Morakhia and Arun Agarwal, charges no entry or exit load on buying or selling under this scheme during and after the new fund offer (NFO), providing an affordable entry point for investors looking yo gain exposure to large-cap stocks.

Rated as Very High Risk, the scheme intends to generate returns that commensurate with the performance of the Nifty100 Quality 30 Index. The scheme selects 30 stocks from the Nifty 100 Index based on their Quality Score, which is evaluated by taking into account the past five years' performance parameters such as Return on Equity (ROE), Financial Leverage (Debt/Equity Ratio) and Earnings Growth Variability.

The subscription of the scheme commenced on January 31 and will close on February 14. The allotment is set to take place on February 19.

The scheme comes under HDFC Mutual Fund, which has an asset under management of Rs 7,57,067 crores and its latest NAV as of January 31 is Rs 10.

Let us also look at some similar funds

Nippon India Large Cap Fund

Category	Very High Risk
NAV	92.42
One-year Fund Return rate	12.9 per cent
Minimum SIP Amount	Rs 100
Expense Ratio	0.66 per cent
Exit Load	1 per cent if redeemed within 7 days
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ICICI Prudential Bluechip Fund

Category	Very High Risk
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One year fund return rate	10.6 per cent
Minimum SIP amount	Rs 100
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Exit load	1 per cent if redeemed up to one year
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Fund House	ICICI Prudential Mutual Fund
Assets under management	Rs 7,81,394.30 crores
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JM Large Cap Fund

Category	Very High Risk
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One year fund return rate	6.5 per cent
Minimum SIP amount	Rs 100
Expense ratio	0.66 per cent
Exit load	1 per cent if redeemed within 30 days
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Canara Robecop Bluechip Equity

Category	Very High Risk
NAV	Rs 67.73
One year fund return rate	14.9 per cent
Minimum SIP amount	Rs 100
Expense ratio	0.51 per cent
Exit load	1 per cent if redeemed within one year
Fund size	Rs 14,799.00 crores
Fund house	Canara Robeco Mutual Fund
Assets under management	Rs 1,09,319.80 crores
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Before investing, always access your risk tolerability, investment goals, and time horizon to determine whether the fund aligns with your financial planning.