FAQ : HDFC NIFTY IT ETF

HDFC NIFTY IT ETF has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 27.37 N/A N/A N/A
Average Rolling Returns(%) 25.90 N/A N/A N/A

The Current NAV of HDFC NIFTY IT ETF is ₹35.36.

It is better to invest in a fund with a longer track record as HDFC NIFTY IT ETF cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark NIFTY IT - TRI returns, as Funds portfolio is significantly different.

HDFC NIFTY IT ETF fund’s expense ratio is 0.20%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of HDFC NIFTY IT ETF is currently ₹63 Crores.

The Top three stocks are Infosys, TCS and HCL Tech. and account for 64% of its portfolio. Top 5 and 10 stocks of fund account for 81% and 100% of fund’s portfolio respectively.

Top three sectors of HDFC NIFTY IT ETF fund are IT, Miscellaneous and accounting for 100% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a ETFs - Index it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of HDFC NIFTY IT ETF Fund is ETFs - Index.

Abhishek Mor and Arun Agarwal manage the HDFC NIFTY IT ETF Fund.

HDFC NIFTY IT ETF current PE ratio is 34.51 and PB ratio is 9.57

The asset allocation of HDFC NIFTY IT ETF is Stocks : 100%, Debt : 0% and Gold : 0%

The minimum SIP amount for HDFC NIFTY IT ETF is N/A and minimum lumpsum is ₹500.00

The exit load for HDFC NIFTY IT ETF is N/A

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