HDFC MF introduces Gold Silver Passive FOF
HDFC Mutual Fund (MF) has launched HDFC Gold Silver Passive FOF, an open-ended Fund of Fund scheme investing in units of Gold and Silver ETFs. The NFO opens for subscription on May 15, 2026 and closes on May 29, 2026. No Entry Load will be charged. Exit Load: In respect of each purchase / switch-in of Units, an Exit Load of 1% is payable if Units are redeemed / switched-out within 15 days from the date of allotment and No Exit Load is payable if Units are redeemed / switched-out after 15 days from the date of allotment. The minimum subscription amount is Rs 100/- and any amount thereafter.
The performance of the scheme will be benchmarked against Domestic Price of physical Gold (70%) and Domestic Price of physical Silver (30%) (derived as per regulatory norms) and its fund managers are Bhagyesh Kagalkar and Nandita Menezes.
