HDFC Nifty 100 ETF

HDFC Nifty 100 ETF, managed by HDFC Asset Management Company, aims to deliver returns closely mirroring the NIFTY 100 Total Returns Index, following a passive investment strategy.

The fund employs a replication strategy to track the NIFTY 100 TRI while maintaining minimal tracking errors, ensuring alignment with index performance.

Portfolio concentration is notable with significant allocations in the banking sector, led by HDFC Bank Ltd. at 10.71%, indicating a potential risk from sector dependence.

Performance metrics reveal a 1Y return of +9.6% and a 3Y CAGR of 13.5%, showcasing robust returns amidst market fluctuations and a low tracking error of 0.03%.

With an AUM of ₹38.14 Cr and a low expense ratio of 0.3%, the fund is positioned for efficient management, supported by experienced fund managers Arun Agarwal and Abhishek Mor.