Fund Facts
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Name of Fund:HDFC Nifty 50 Value 20 ETF
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Opening:9th October 2022
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Closing:20th 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:Nil
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Options:Nil
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Entry Load:Not Applicable
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Exit Road:Not Applicable
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Thereafter:Not Applicable
Fund Stats
Objective
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 50 Value 20 Index, subject to tracking errors
Benchmark:
NIFTY 50
Fund Manager:
Krishan Kumar Daga, ArunAgarwal
Asset Allocation
95-100%
Securities covered by NIFTY 50 Value 20
upto 5%
Money Market
Comparable existing schemes
| ICICI Prudential Nifty50 Value 20 ETF | 1.29(6M) | -0.16(1Y) |
| Kotak Nifty 50 Value 20 ETF | 1.31(6M) | -0.17(1Y) |
Fund Prognosis
Idea Distiller
The value in a small universe, specially now, when markets are so high. And lower costs and better index tracking.
Fund House AAUM:
Rs.43289524.55 lakhs (as on September 30, 2022)
Fund Manager:
Combined experience of over 32 years
Scheme DNA 4 fundamentals
- UNIQNESS
- RETURN
- RISK
- OPERABILITY
OOMP Factor
This seems to be the favoured ETF orientation for product people, this time around. Not so much oomph, but definitely a prep for stacking up the passive portfolio.