Fund Facts
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Name of Fund:HDFC NIFTY 100 Low Volatility 30 ETF
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Opening:26th September 2022
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Closing:3rd October 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/- thereafter
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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
The investment objective of the Scheme is to provide investment returns that, before expenses, correspond to the total returns of the Securities as represented by the NIFTY 100 Low Volatility 30 Index, subject to tracking errors.
Benchmark:
NIFTY 100
Fund Manager:
Krishan Kumar Daga, Arun Agrawal
Asset Allocation
Comparable existing schemes
| Kotak Nifty 100 Low Volatility 30 ETF | 9.08(3M) | Not Applicable |
| ICICI Prudential Nifty 100 Low Volatility 30 ETF | 8.84(3M) | 3.72(1Y) |
Fund Prognosis
Index based investing seems to be the gravy train now. And a bunch of them are coming out to satisfy the creativity of product heads. Idea is good for conservative equity investors. Many times I have seen, conservative investors do actually make more than active ones.
Fund House AAUM:
Rs.41885229.4 Lakh (as on 30th June 2022)
Fund Manager:
Combined experience of above 32 years
Scheme DNA 4 fundamentals
- UNIQNESS
- RETURN
- RISK
- OPERABILITY
OOMP Factor
This segment will be a difficult catch for an active fund manager. Just because of the work involved. It is better to track momentum through the passive route and the fund meets the requirement head on.