HDFC Asset Management Company has launched NIFTY100 Quality 30 ETF, NIFTY50 Value 20 ETF, and NIFTY Growth Sectors 15 ETF, in order to expand their suite of ‘HDFC MF Index Solutions’. The fund house has been a trusted fund manager in index solutions for 20+ years.
Smart Beta investing involves stock selection and weighting that is done based on pre-defined factors, as defined in the underlying index methodology by NSE Indices. These investment strategies endeavour to provide better risk-adjusted returns than broad market cap weighted indices. The indices underlying the Smart Beta ETFs - the NIFTY100 Quality 30 TRI, NIFTY50 Value 20 TRI and NIFTY Growth Sectors 15 TRI - generated higher average rolling returns over 1, 3, 5 and 10 year horizons compared to the NIFTY 100 and NIFTY 50 TRI.
HDFC Asset Management Company offers a large suite of savings and investment products across asset classes, which provide income and wealth creation opportunities to its customers.
