HDFC Nifty 50 ETF, managed by HDFC Asset Management Company, is an open-ended scheme aiming to mirror the NIFTY 50 Index's performance, focusing on market cap-weighted investments.

The fund employs a replication strategy to track the Nifty 50 Index (TRI), maintaining a minimal tracking error of 0.02%, ensuring close alignment with its benchmark.

Top holdings include HDFC Bank Ltd. at 13.1% and ICICI Bank Ltd. at 9.0%, indicating a concentration in the banking sector, which poses potential risks in market downturns.

Performance metrics reveal a 1-year change of -4.8%, contrasted with a robust 3-year CAGR of 14.3% and a 5-year CAGR of 18.5%, showcasing resilience over longer periods.

With an AUM of ₹4630.2 Cr and a low expense ratio of 0.05%, the fund offers efficient management under experienced managers, Arun Agarwal and Abhishek Mor, enhancing accessibility for investors.