HDFC Mutual Fund, through HDFC Asset Management Company Limited, is launching the HDFC Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund. The new fund offer (NFO) opens on 05-10-2026 and closes on 19-10-2026.
It is an index fund that holds shares and government bonds together. It copies an index that puts 70% in large and mid-sized company shares and 30% in government bonds that mature in 8 to 13 years.
HDFC Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund NFO details
Fund name | HDFC Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund |
Fund type | Open ended index fund |
Category | Equity oriented hybrid index fund |
Benchmark | Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index (TRI) |
Fund managers | Nandita Menezes, Arun Agarwal, Sankalp Baid |
NFO opens | 05-10-2026 |
NFO closes | 19-10-2026 |
Allotment / reopening | Allotment date: Not available. Reopens within 5 working days of allotment. |
Minimum investment | Rs 100 and any amount after |
Additional investment | Rs 100 and any amount after |
SIP amount | Not available |
NAV | Rs 10 per unit |
Stamp duty | 0.005% on purchases |
Entry load | Nil (No extra charges when buying units) |
Exit load | Nil (No penalty or charges when redeeming or switching out units) |
AMC details: HDFC Asset Management Company Limited
AMC name | HDFC Asset Management Company Limited |
Assets under management | About Rs 9.35 lakh crore (quarterly average for the quarter ended 30-06-2026) |
Website | www.hdfcfund.com |
Registered office | HDFC House, 2nd Floor, H.T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai 400 020 |
Contact number | 1800 3010 6767 or 1800 419 7676 (toll free) |
Source: AMFI India new fund offer: HDFC Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund
What has HDFC AMC launched?
This is an index fund, so it does not pick shares or bonds itself. It copies the Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index (TRI). TRI means total return index, which counts dividends and interest too.
The index has two parts. 70% is the Nifty LargeMidcap 250 Index: Nifty 100 (large) and Nifty Midcap 150 (mid-sized) companies, split 50:50. The other 30% is the Nifty 8-13 yr G-Sec Index, made of the most traded government bonds (G-Secs) maturing in 8 to 13 years.
The scheme aims to track this index, subject to tracking error, which is the gap between the index and the fund. The AMC gives no assurance the objective will be met.
Also read: Mirae Asset Momentum + G-Sec Index Fund NFO
How does this index fund work?
The fund changes whenever the index changes.
Step | What happens? |
1. Money is pooled | NFO money is pooled at Rs 10 per unit. |
2. Index is matched | At least 95% goes into the same shares and bonds as the index, in the same weights. |
3. Small cash buffer | Up to 5% can sit in short-term debt or liquid fund units. |
4. Monthly reset | The index resets its 70:30 split monthly. The fund follows. |
5. Bond review | The bond index is reviewed monthly and holds the three most traded G-Secs. |
6. Share review | The share index is rebalanced in March and September. The fund copies it. |
7. Daily flows | Money in and out is used to keep the portfolio in line with the index. |
Let’s understand through an example
Say you invest Rs 10,000 in the NFO at Rs 10 per unit. You get about 1,000 units, ignoring stamp duty.
The fund matches the index: roughly 70% to shares (half large, half mid-sized) and 30% to government bonds.
If the index swaps a bond or share, the fund does too. You do nothing. This shows the process, not returns.
Portfolio allocation of this index fund
Instruments | Minimum | Maximum |
Shares and G-Secs that form the index | 95% | 100% |
Debt securities, G-Secs, T-bills, money market instruments, repo on G-Secs, units of liquid and overnight funds | 0% | 5% |
Inside the index, the split is 70% shares and 30% G-Secs. Equity derivatives may be used up to 20% of net assets, mainly for rebalancing.
Investment strategy: tracking and rebalancing
There is no stock picking. Passive means the manager does not choose investments. Trades come from index changes and money moving in or out.
To keep the gap small, the team copies every index change and holds little cash. In normal conditions, it does not expect tracking error beyond 2% a year, on daily returns over 12 months.
Futures are for rebalancing only. The fund will not hold unlisted debt or take short positions.
After the NFO you can buy and sell at NAV. Units are not exchange listed. Redemption money arrives within 3 working days.
Also read: Axis Nifty50 Equal Weight Index Fund NFO
Potential benefits of this index fund
Potential benefit | Why does it matter? |
Shares and G-Secs in one fund | The 70:30 mix resets monthly, so you need not rebalance. |
Rules-based approach | A published index decides what the fund holds. |
Low starting amount | You can begin with Rs 100. |
No entry or exit load | There is no entry load and the exit load is nil. |
Plan and facility choice | Regular and Direct plans, Growth and IDCW options, and SIP, STP and SWP facilities. |
Key things to know about this NFO
Point | What does it mean? |
Tracking difference | Fund returns can differ from the index due to costs, cash and trade timing. |
Follows the index fully | The fund holds index names whatever their merit and takes no defensive positions. |
No assured returns | The scheme offers no guarantee or assured return. |
Market movement | The share part moves with the stock market, and the bond part follows government bond prices. |
Index changes | Index changes lead to trades inside the fund. |
Costs | Base expenses are up to 0.90% of daily net assets. Actual expense ratio: Not available. |
Who may consider this fund?
Investor type | Why it may fit |
Someone wanting shares and bonds in one fund | The index holds both, in a 70:30 mix. |
A Pune professional saving for a goal seven or more years away | 70% sits in shares, which usually need time. This is our interpretation. |
Someone who prefers rules to manager calls | The fund makes no active picks. |
A first-time investor starting a small SIP | The minimum is Rs 100. |
Who may not find it suitable?
Investor type | Why it may not fit |
Someone needing the money within two years | The share part moves daily. |
Someone wanting a manager to pick stocks | This fund is passive. |
Someone wanting assured returns | The scheme gives no guarantee. |
Someone wanting all bonds or all shares | The mix is fixed at 70:30. |
How does this NFO compare with traditional investment options?
Option | Return potential | Ups and downs | Liquidity | Horizon | Suits |
Fixed deposit | Fixed at booking | Stable | Early exit may cost a penalty | Fixed term | Set-return seekers |
Debt mutual fund | Moderate | Low to moderate | Sell at NAV | 1 to 3 years+ | Steady-income seekers |
Hybrid fund | Moderate to higher | Moderate | Sell at NAV | 3 to 5 years+ | Mix seekers |
Equity mutual fund | Higher, not assured | Larger | Sell at NAV | 5 years+ | Long-term investors |
This new fund | Follows the index, not assured | Moderate to larger | Sell at NAV | Long term (our view) | Passive-mix seekers |
Also read: A Comprehensive Guide to Mutual Funds in India
HDFC Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund review by Zenith Finserve
This fund is a plain, rules-led way to hold shares and government bonds together. 70% follows large and mid-sized companies, 30% follows 8 to 13 year G-Secs, and the mix resets monthly.
Our reading: it fits a goal at least five to seven years away, such as a child’s education fee in 2033. With 70% in shares, the value moves with the market, so it does not suit short-term needs. The bond slice is a second asset that behaves differently from shares.
Before you invest, check your goal, time frame and existing holdings. This is a new scheme, so no tracking numbers exist yet. The AMC publishes tracking difference after one year.
How Zenith Finserve can help
At Zenith Finserve, we follow a process driven investment framework. We assess your goals, cash flows, risk profile, time horizon, existing investments, loans and tax situation before suggesting investments. We align our investment suggestions with your financial objectives and review them periodically to keep them suitable as your circumstances change.
Learn more in our comprehensive financial management guide or visit Zenith Finserve.
Similar NFOs on Zenith
- Mirae Asset Momentum + G-Sec Index Fund NFO: another index fund with a G-Sec leg.
- HDFC BSE REITs and Commercial Real Estate Index Fund NFO: another HDFC index fund launch.
- SBI Balanced Hybrid Fund NFO: a hybrid fund to compare with this index-based mix.
- HDFC Nifty Metal ETF FOF NFO: another HDFC passive fund, built as a fund of funds.
Frequently asked questions
1. Is HDFC Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund NFO good to invest in?
That depends on your goal and time frame. This article does not recommend the fund. Check suitability first.
2. When does the NFO open and close?
It opens on 05-10-2026 and closes on 19-10-2026.
3. What does the HDFC Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund invest in?
At least 95% mirrors its index: 70% shares (Nifty LargeMidcap 250) and 30% G-Secs (Nifty 8-13 yr G-Sec).
4. What does it cost to start?
Minimum Rs 100, at Rs 10 per unit in the NFO. No entry load. Exit load is nil.
5. Who manages the fund?
Nandita Menezes, Arun Agarwal and Sankalp Baid.
6. Is this an active fund?
No. It is passive and copies its index, subject to tracking error.
7. How often does the index change?
The 70:30 split and bonds are reviewed monthly. Shares are rebalanced each March and September.
8. Which plans and options are available?
Regular and Direct plans, each with Growth and IDCW options. Growth is the default.
9. Can I start a SIP in this NFO?
Yes. The first instalment starts 15 days after the NFO closes. Minimum SIP amount: Not available.
10. When will I get my units?
Allotment date: Not available. Confirmation comes by email or SMS within 5 working days of NFO close.
