Fund Facts
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Name of Fund:HDFC NIFTY 100 ETF
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Opening:25th July 2022
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Closing:1st August 2022
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Scheme Type:Open Ended Other ETF
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Minimum Investment:Rs. 500/- and in multiples of Re. 1/-
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Plan:None
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Options:None
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Entry Load:Not Applicable
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Exit Road:Not Applicable
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Thereafter:Nil
Fund Stats
Objective
The investment objective of the Scheme is to provide investment returns that, before expenses, closely correspond to the total returns of the Securities as represented by the NIFTY 100 Index, subject to tracking errors.
Benchmark:
NIFTY 100
Fund Manager:
Krishan Kumar Daga, ArunAgrawal
Asset Allocation
95-100%
Equity
upto 5%
Money Market
Comparable existing schemes
| SBI S&P BSE Sensex Next 50 ETF | 11.95(6M) | 10.29(1Y) |
| UTI S&P BSE Sensex Next 50 ETF | 11.92(6M) | 10.23(1Y) |
Fund Prognosis
Idea Distiller
With the large number of active managed schemes that HDFC has, it isn’t any wonder that we have another ETF from them. Good index for passive followers in the ETF format
Fund House AAUM:
Rs. 41885229.4 Lakh (as on 30th June 2022)
Fund Manager:
Combined experience of above 20 years
Scheme DNA 4 fundamentals
- UNIQNESS
- RETURN
- RISK
- OPERABILITY
OOMP Factor
None. Why will I bother about another ETF when there are a couple of them already. Basically a product for their banking channel to sell and mop up asset size for the fund house.