HDFC Asset Management has launched a new passively-managed index scheme tracking the Nifty50 Equal Weight Index (EWI). The Nifty50 EWI scheme tracks the stocks in the Nifty50 index but gives equal allocation to every stock.
The new fund offer (NFO) opens on 4 August 2021 and will end on 13 August 2021. Being an open-ended scheme, further subscriptions and redemptions will...
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