The current market price of HDFC Nifty Banking ETF is ₹62.70. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.

The HDFC Nifty Banking ETF, managed by HDFC Asset Management Company Limited, aims to replicate the NIFTY Bank Index returns, emphasizing passive investment strategies and minimizing tracking errors. With a total AUM of ₹2639.6 Cr, this ETF has a low expense ratio of 0.16%, making it cost-efficient for investors seeking exposure to the banking sector. The ETF's portfolio heavily concentrates on major banks, with HDFC Bank at 28.5% and ICICI Bank at 24.4%, reflecting a significant reliance on these key holdings and potential concentration risks. In terms of performance, the ETF has demonstrated impressive growth, with a 1-year return of 21.0% and a 3-year CAGR of 11.8%, highlighting its ability to provide substantial returns in a favorable market. Managed by seasoned professionals Arun Agarwal and Abhishek Mor, the fund exhibits a tracking error of just 0.03%, indicating strong alignment with its benchmark and effective management.

HDFC Nifty Banking ETF is designed to track NIFTY Bank Index (TRI), allowing investors to gain exposure to its underlying securities through a single investment.

The expense ratio of HDFC Nifty Banking ETF is 0.16%. This represents the annual fee charged by the fund house for managing the ETF and is deducted from the fund’s assets.

The Assets Under Management (AUM) of HDFC Nifty Banking ETF is approximately ₹2,851.90. AUM reflects the total market value of assets managed by the ETF and is often used as an indicator of fund size and liquidity.

HDFC Nifty Banking ETF is classified under the as per the risk-o-meter defined by the fund house risk category. The risk level depends on the volatility of the underlying index, market conditions, and asset composition of the ETF.

The tracking error of HDFC Nifty Banking ETF is 0.02%. Tracking error measures how closely the ETF’s performance matches its benchmark index over time.

HDFC Nifty Banking ETF does not currently declare dividends and may reinvest earnings into the fund. Dividend treatment depends on the ETF structure and fund house policy.

Based on available data, HDFC Nifty Banking ETF has delivered the following returns: 1-year return: 26.26%. 3-year return: 52.40%. 5-year return: 76.82%. Past performance does not guarantee future results.

Before investing in HDFC Nifty Banking ETF, investors generally consider the underlying index, expense ratio, tracking error, risk profile, liquidity, and how the ETF fits within their overall portfolio strategy.