HDFC Nifty G Sec Sep 2032 Index Fund Direct Growth

HDFC Nifty G Sec Sep 2032 Index Fund Direct Growth is a debt fund. This fund was started on 9 December, 2022. The fund is managed by Anupam Joshi. This fund is suitable to keep your money safe.

1. HDFC Nifty G Sec Sep 2032 Index Fund Direct Growth has ₹639 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
2. The fund has an expense ratio 0.2.
   

HDFC Nifty G Sec Sep 2032 Index Fund Direct Growth has given a CAGR return of 9.58% since inception. Over the last 1 year the fund has given a CAGR return of 11.97%.

HDFC Nifty G Sec Sep 2032 Index Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.26% Govt Stock 2032, 6.54% Govt Stock 2032, 7.95% Govt Stock 2032, 8.32% Govt Stock 2032

As it is a index funds - fixed income mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

The investment objective of the Scheme is to generate returns that are commensurate (before fees and expenses) with the performance of the Nifty G-Sec Sep 2032 V1 Index (Underlying Index), subject to tracking difference. There is no assurance that the investment objective of the Scheme will be realized.

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. HDFC Nifty G Sec Sep 2032 Index Fund Direct Growth has no lock in period.