The HDFC Nifty 100 ETF, managed by HDFC Asset Management Company Limited, aims to replicate the total returns of the NIFTY 100 Index while maintaining a market cap weighted investment style.

This open-ended scheme employs a tracking approach that closely aligns with the NIFTY 100 Total Returns Index, ensuring minimal tracking errors of just 0.03%.

The fund's portfolio is heavily concentrated in the banking sector, with HDFC Bank and ICICI Bank making up 18.32% of total assets, indicating a potential concentration risk.

Despite a challenging year with a return of -6.1%, the fund has demonstrated strong performance with a 3-year CAGR of 14.4%, reflecting resilience in fluctuating market conditions.

With an AUM of ₹34.6 Cr and a low expense ratio of 0.3%, the fund offers efficient access to the NIFTY 100, managed by experienced professionals since 2022 and 2023.