myplexus

NFO Monitor

Fund Fact

Name of Funds:

HDFC NIFTY IT ETF

Opening:

28th October 2022

Closing:

9th November 2022

Minimum Investment:

Rs. 500 per application 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, correspond to the total returns of the Securities as represented by the NIFTY IT Index, subject to tracking errors.

Benchmark:

NIFTY IT

Fund Manager:

Krishan Kumar Daga, ArunAgrawal

Asset Allocation

95-100% Securities covered by NIFTY 100 NIFTY IT Index upto 5% Money Market

Comparable existing schemes

Aditya Birla Sun Life Nifty IT ETF	-8.16(6M)	Not Available
Kotak Nifty IT ETF	-7.86(6M)	-17.81(1Y)

Fund Prognosis

Idea Distiller

In a broad canvas Nifty, a focus on quality through the ETF route. Lower costs.

Fund House AAUM:
Rs. 43289524.55 Lakh (as on 30th September,2022)
Fund Manager:
Combined experience of above 32 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