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As per industry sources, given the steep valuations and recent rally in the real estate stocks, HDFC MF has taken a fair call to restrict inflows into its Nifty Realty Index Fund
HDFC Nifty Realty Index Fund offers investors exposure to a diversified portfolio of real estate stocks through a single instrument, eliminating the need for individual stock selection
Global passive equity funds' net assets surpassed those of their active counterparts for the first time in 2023 as investors increasingly sought lower-cost funds that mirror broad market indices. According to LSEG Lipper, global passive equity funds' net assets stood at a record $15.1 trillion at the end of December while those of active funds was $14.3 trillion. Passive funds, often associated with stable, large-cap stocks with strong fundamentals and lower volatility, have grown in popularity since the 2008 financial crisis as investors sought safety in periods of uncertainty.
The ICICI Prudential Nifty50 Value 20 Index Fund is a new scheme that adds to the growing pool of passive smart beta funds. But is it any better?
The minimum initial investment amount in both the schemes during NFO period is Rs 5,000 and in multiples of Re 1 thereafter. Subsequent minimum investment amount is Rs 1,000 and in multiples of Re 1 thereafter.