HDFC Developed World Indexes Fund of Funds

HDFC Mutual Fund launches Developed World Indexes Fund of Funds NFO, an open-ended fund of funds investing in units of overseas Index Funds and/or ETFs, which will track the MSCI World Index.

NFO Details:

Open from 14-28 Sep 2021.

Minimum amount: Rs.5000 and in multiples of Rs.1000.

Where Will The Scheme Invest?

The Scheme will invest in units/shares of overseas Index Funds and/or ETFs (mentioned below table) offered by Credit Suisse Asset Management which operates as an asset management company.

HDFC WORLD FOF

MSCI World Index Captures:

  • Large and mid-cap representation.
  • Across 23 developed markets countries.
  • Covers approximately 85% of the free float-adjusted market capitalization in each country.
  • 1500+ Constituents
MSCI World Index captures 40 out of top 50 most Innovative Companies:

HDFC INDEX FUND
source: hdfc mf


MSCI World Index Vs Nifty 50 TRI : Performance & Risk Metrics.

HDFC MF

HDFC Developed World Indexes Fund of Fund offers can be considered for long-term, as it offers good diversification and low correlation across markets.