HDFC Launches 70:30 Equity and G-Sec Hybrid Index Fund

Key Takeaways

• HDFC Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund opened on 5 October and closes on 19 October 2026. 
• The underlying index combines a 70% allocation to the Nifty LargeMidcap 250 Index with 30% in the Nifty 8-13 yr G-Sec Index. 
• HDFC’s official scheme documents classify the product as an equity-oriented hybrid index fund, with a minimum NFO application of ₹100. 

HDFC Mutual Fund has opened the new fund offer for the HDFC Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund, a passive hybrid scheme designed to combine equity and government securities within a single index framework. 

The NFO opened on 5 October 2026 and is scheduled to close on 19 October 2026. The minimum application amount is ₹100. 

The scheme tracks the Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index. Its underlying benchmark maintains a 70% weight in the Nifty LargeMidcap 250 Index and a 30% allocation to the Nifty 8-13 yr G-Sec Index. The composite index is rebalanced monthly. 

On the equity side, the Nifty LargeMidcap 250 provides exposure to large- and mid-cap stocks. The debt component consists of Government of India securities represented by an index of liquid government bonds carrying residual maturities between eight and 13 years. 

HDFC’s Scheme Information Document categorises the product as an Equity Oriented Hybrid Index Fund. The scheme seeks to passively invest in equity, equity-related securities and debt securities in line with the composition of its benchmark, subject to tracking error. 

At least 95% and up to 100% of scheme assets may be invested in constituents of the underlying composite index under the indicative asset-allocation framework. 

Unlike an actively managed hybrid fund, the broad equity-debt split is built into the benchmark. Changes within the equity and bond components are therefore linked to the index methodology rather than tactical asset-allocation calls by the fund manager. 

Nandita Menezes, Arun Agarwal and Sankalp Baid have been named as fund managers. The scheme is currently classified as High risk by the fund house. 

The launch adds to a growing set of passive products that extend beyond pure-equity indices by combining multiple asset classes within predetermined index rules.