The HDFC Nifty Midcap 150 ETF, managed by HDFC Asset Management Company Limited, aims to replicate the performance of the NIFTY Midcap 150 Index, emphasizing a passive investment style.

Utilizing a tracking error of just 0.05%, the fund closely follows the NIFTY Midcap 150 Index (TRI), ensuring efficient replication of index performance while minimizing deviations.

The portfolio exhibits a concentrated approach with top holdings in Capital Markets and Automobiles, reflecting significant allocations to sectors like IT and Financial Technology, enhancing sector diversification.

In the past year, the ETF has delivered an impressive return of +8.6%, showcasing strong performance relative to its benchmark, with risk metrics indicating low volatility and tracking efficiency.

With a fund size of ₹93.1 Cr and a low expense ratio of 0.2%, the ETF remains accessible, while the experienced management team brings a combined experience of over 35 years to the fund.