myplexus

NFO Monitor

Fund Fact

Name of Funds:

HDFC NIFTY NEXT 50 ETF

Opening:

25th July 2022

Closing:

1st August 2022

Minimum Investment:

Rs.500/-and in multiples of Re.1/- thereafter

Plan:

None

Options:

None

Entry Load:

Not Applicable

Exit Load:

Not Applicable

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 Next 50 Index, subject to tracking errors.

Benchmark:

NIFTY NEXT 50

Fund Manager:

Krishan Kumar Daga, ArunAgrawal

Asset Allocation

95-100% Equity upto 5% Money Market

Comparable existing schemes

ICICI Prudential Nifty FMCG ETF	27.62(6M)	10.82(1Y)
Nippon India ETF Nifty Midcap 150	15.58(6M)	10.04(1Y)

Fund Prognosis

Idea Distiller

The second layer has the potential to be tomorrow's star and that is the idea for the fund but on a passive management basis.

Fund House AAUM:
Rs. 41885229.4 Lakh (as on 30th June 2022)
Fund Manager:
Combined experience of above 20 years

Scheme DNA 4 fundamentals

Uniqueness

Return

Risk

Operability

Oomph 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.

We provide a range of tools and financial know-how that can help you make the most of your short-term and long-term investment goals.

Important Links

Fund

Snapshot

Company

Registered with AMFI AMFI Registration No: 2654 Initial Registration Date: 19th March 2003 Validity of ARN: 14th May 2025 to 23rd May 2028