HDFC Mutual Fund has launched a new Open Ended Growth scheme named "HDFC Nifty100 Quality 30 Index Fund" with maturity period of 0 days from the launch date.

The New Fund Offer (NFO) price for the scheme is Rs 10.00 per unit, which will open for subscription from Jan 31 to Feb 14, 2025.

According to the offer document filed with SEBI, the entry and exit load is Nil.

The minimum application amount is Rs 100.00 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth.

The fund manager of the scheme will be Nirman Morakhia, while the performance of the scheme will be benchmarked against NIFTY100 Quality 30 Total Return.

To generate returns that are commensurate (before fees and expenses) with the performance of the Nifty100 Quality 30 Index (TRI), subject to tracking error. There is no assurance that the investment objective of the Scheme will be achieved.