HDFC Nifty IT ETF

The HDFC Nifty IT ETF, managed by HDFC Asset Management Company Limited, aims to replicate the total returns of the NIFTY IT Index, focusing on passive investment strategies.

This ETF employs a tracking approach to align closely with the NIFTY IT Index (TRI), with a minimal tracking error of 0.06%, ensuring efficient performance replication.

The portfolio predominantly consists of IT - Software stocks, with Infosys and Tata Consultancy Services being the top holdings at 29.17% and 21.88%, respectively, reflecting significant concentration risk.

Performance metrics indicate a 1-year decline of -12.5% while showcasing a robust 3-year CAGR of 9.6%, highlighting volatility and risk-return dynamics in the tech sector.

With an AUM of ₹40.99 Cr and a low expense ratio of 0.2%, the fund is accessible, managed by experienced professionals, ensuring liquidity and efficient cost management.