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HDFC Mutual Fund Discontinues Fresh Subscriptions in Nifty SDL Oct 2026 Index Fund

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HDFC Mutual Fund has stopped fresh and additional subscriptions in HDFC Nifty SDL Oct 2026 Index Fund from October 5, 2026. Existing systematic transactions will continue until the scheme matures.

HDFC Mutual Fund has discontinued fresh and additional subscriptions in HDFC Nifty SDL Oct 2026 Index Fund with effect from October 5, 2026.

The fund is an open-ended target maturity scheme that tracks the NIFTY SDL Oct 2026 Index. As announced earlier, the scheme is proposed to merge with HDFC Banking and PSU Debt Fund upon its maturity on October 14, 2026.

As part of the latest change, fresh registrations for systematic transactions such as SIPs and STPs have also been discontinued.

Systematic transactions registered before October 5 will continue to be processed until the scheme’s maturity. There is also no restriction on redemptions or switch-outs from the scheme.

The other terms and conditions of the scheme remain unchanged.

What does it mean for you?

If you were planning to make a fresh investment or start a new SIP or STP in the scheme, these options are no longer available from October 5, 2026. Existing systematic transactions will continue until maturity, while redemptions and switch-outs remain permitted.

Source: HDFC Mutual Fund addendum dated October 1, 2026.

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