HDFC Nifty 200 Momentum 30 ETF

The HDFC Nifty 200 Momentum 30 ETF, managed by HDFC Asset Management Company, aims to mirror the total returns of the NIFTY 200 Momentum 30 Index, focusing on momentum investing.

This ETF employs a tracking strategy to replicate the benchmark index, maintaining a low tracking error of 0.16%, which indicates efficient management in aligning with the index performance.

With a current AUM of ₹95.55 Cr, the fund's portfolio is heavily concentrated in finance, particularly with top holdings like Bajaj Finance and HDFC Bank, reflecting a 17.85% allocation to the finance sector.

Performance analysis shows a 1-year decline of -4.0%, while the 3-year CAGR stands at an impressive 16.4%, suggesting potential recovery and resilience in a challenging market environment.

The fund operates with a competitive expense ratio of 0.3%, managed by experienced professionals Arun Agarwal and Abhishek Mor, ensuring effective oversight and strategic direction for investors.