NFO Alert: HDFC Mutual Fund announces launch of Nifty Auto Index Fund

HDFC Mutual Fund has launched the HDFC Nifty Auto Index Fund, an open-ended scheme offering passive exposure to Indias automobile and auto ancillary sector. The NFO is open for subscription and will close on July 3. The scheme will reopen for continuous sale and repurchase within five working days after allotment of units under the NFO.

Raccontata daeconomictimes.indiatimes.com