HDFC Mutual Fund has introduced the HDFC NIFTY100 Low Volatility 30 Index Fund, an open-ended index fund tracking the NIFTY 100 Low Volatility 30 Index (TRI). This Smart Beta Index includes stocks from Nifty100 with historically lower price fluctuations. The fund will invest at least 95% in TRI securities, with the rest in debt instruments. Open until July 5, 2024, the minimum subscription is Rs 100. This fund suits investors seeking lower volatility, a diversified portfolio, and a passive investment approach. Historically, the NIFTY100 Low Volatility 30 TRI Index has outperformed the NIFTY 100 Index, offering a potentially safer equity market investment amidst market fluctuations.