HDFC Nifty500 Multicap 50:25:25 Index Fund NFO review

HDFC Nifty500 Multicap 50:25:25 Index Fund NFO opened for subscription on August 6, 2024, and will be available for investors to subscribe until August 20, 2024. This index fund will be the second fund to track the Nifty500 Multicap 50:25:25 Index. The first was the Navi Nifty 500 Multicap 50:25:25 Index Fund, which launched on August 1, 2024. HDFC Nifty500 Multicap 50:25:25 Index Fund NFO at a glance NFO period August 6-20, 2024 Benchmark Nifty500 Multicap 50:25:25 Fund managers Nirman Morakhia and Arun Agarwal Exit load Nil Tax treatment If units are sold within a year: 20 per cent capital gains tax. If units are sold after one year: 12.5 per cent capital gains tax. (Gains up to Rs 1.25 lakh are tax-exempt)  About HDFC Nifty500 Multicap 50:25:25 Index Fund's benchmark Since HDFC Nifty500 Multicap 50:25:25 aims to replicate the Nifty500 Multicap 50:25:25 Index, let's delve into the details of the latter. The Nifty500 Multicap 50:25: