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HDFC Mutual Fund changes scheme name and benchmark index

HDFC Mutual Fund declares change in the name of two schemes and one benchmark

HDFC Mutual Fund has announced the following changes to two of its schemes, effective from May 2, 2025:

  • The scheme formerly known as 'HDFC Developed World Indexes Fund of Funds' will now be renamed as 'HDFC Developed World Equity Passive Fund of Funds'.
  • The scheme previously named 'HDFC Asset Allocator Fund of Funds' will be renamed 'HDFC Multi-Asset Active Fund of Funds'.
    Additionally, its benchmark will change from '90% NIFTY 50 Hybrid Composite Debt 65:35 Index and 10% Domestic Prices of Gold' to '50% NIFTY 50 TRI + 40% NIFTY Composite Debt Index + 10% Domestic Prices of Gold'.

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