HDFC NIFTY IT ETF


ETFs Fund
  • NAV 35.49 (-0.85%)
  • Fund Size (Cr) ₹48.93
  • Expense Ratio 0.2
  • Scheme Type Passive Fund
  • Value Research Stars
  • Minimum investment ₹500
  • Minimum Additional Investment ₹0
  • Minimum SIP Investment -
  • Minimum Withdrawal ₹0
  • Exit Load 0%
  • Return Since Launch 11.26%

Basic Details

Scheme Manager
Abhishek Mor
Bench Mark
Nifty IT TRI
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 07-Jun-24
  • 9839.18
  • -1.61%
  • -
  • 1.03%
  • 190/209
  • 1 Month
  • 14-May-24
  • 10518.99
  • 5.19%
  • -
  • 5.22%
  • 121/206
  • 3 Month
  • 14-Mar-24
  • 9255.31
  • -7.45%
  • -
  • 9.03%
  • 201/203
  • 6 Month
  • 14-Dec-23
  • 10216.61
  • 2.17%
  • -
  • 18.55%
  • 178/190
  • 1 Year
  • 14-Jun-23
  • 12230.24
  • 22.30%
  • 22.30%
  • 32.84%
  • 108/172
  • 3 Year
  • -
  • -
  • -
  • -
  • -
  • -/-
  • 5 Year
  • -
  • -
  • -
  • -
  • -
  • -/-
  • Since Inception
  • 16-Nov-22
  • 11834.54
  • 18.35%
  • 11.26%
  • 20.42%
  • 150/207

Note: Lumpsum Returns since Inception Date.

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 03-Jul-23
  • 120000
  • 49134.92
  • -59.05%
  • -59.05%
  • 3 Year
  • -
  • -
  • -
  • -
  • -
  • 5 Year
  • -
  • -
  • -
  • -
  • -
  • 10 Year
  • -
  • -
  • -
  • -
  • -

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

  • Investment Type

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  • Expected Returns Rate

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  • Time Period

    yrs

Total of your Investment will be

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70%
Returns
  • Invested Amount

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  • Estimated Returns

    0
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  • Investment Type

  • Monthly Investment

  • Time Period


Total of your Investment will be

0

70%
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  • Invested Amount

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  • Estimated Returns

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* The calculator shows annualized returns.
Why Wait? Start Investing

Risk Ratios

  • Standard Deviation
    4.72%
  • Beta
    1.00%
  • Sharpe Ratio
    0.12%
  • Treynor’s Ratio
    0.07%
  • Jension’s Alpha
    -0.26%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • Infosys
  • 26.92%
  • 93642
  • 13.17
  • Equity
  • IT - Software
  • TCS
  • 25.19%
  • 33576
  • 12.33
  • Equity
  • IT - Software
  • Tech Mahindra
  • 10.5%
  • 41812
  • 5.14
  • Equity
  • IT - Software
  • HCL Technologies
  • 9.49%
  • 35076
  • 4.64
  • Equity
  • IT - Software
  • Wipro
  • 8.32%
  • 92926
  • 4.07
  • Equity
  • IT - Software
  • LTIMindtree
  • 5.81%
  • 6047
  • 2.84
  • Equity
  • IT - Software
  • Persistent Sys
  • 4.74%
  • 6799
  • 2.32
  • Equity
  • IT - Software
  • Coforge
  • 4.1%
  • 4031
  • 2.00
  • Equity
  • IT - Software
  • Mphasis
  • 2.56%
  • 5477
  • 1.25
  • Equity
  • IT - Software
  • L&T Technology
  • 1.66%
  • 1811
  • 0.81
  • Equity
  • IT - Software

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y

News

  • HDFC Mutual Fund Announces change in scheme name HDFC Mutual Fund has announced change in scheme name under the following scheme, with effect from 01 June 2024.

    Change in the Scheme Name:

    Existing Name of the Schemes Revised Name of the Schemes
    HDFC Index Fund ? S&P BSE SENSEX Plan HDFC Index Fund ? BSE SENSEX Plan
    HDFC S&P BSE SENSEX ETF HDFC BSE SENSEX ETF
    HDFC S&P BSE 500 Index Fund HDFC BSE 500 Index Fund
    HDFC S&P BSE 500 ETF HDFC BSE 500 ETF

    Powered by Capital Market - Live News

  • HDFC Balanced Advantage Fund Announces Income Distribution cum Capital Withdrawal (IDCW) HDFC Mutual Fund has announced 27 May 2024 as the record date for declaration of distribution under the regular plan-IDCW option (payout & reinvestment) and direct plan-IDCW option (payout & reinvestment) of HDFC Balanced Advantage Fund. The amount of the distribution will be Rs 0.250 per unit under each plan / option on the face value of Rs 10 per unit.

    Powered by Capital Market - Live News

  • HDFC Balanced Advantage Fund Announces Income Distribution cum Capital Withdrawal (IDCW) HDFC Mutual Fund has announced 25 April 2024 as the record date for declaration of distribution under the regular plan-IDCW option (payout & reinvestment) and direct plan-IDCW option (payout & reinvestment) of HDFC Balanced Advantage Fund. The amount of the distribution will be Rs 0.250 per unit under each plan / option on the face value of Rs 10 per unit.

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 28-Oct-2022
  • Total AUM (Cr) ₹48.93

HDFC NIFTY IT ETF is an ETFs Fund-oriented fund from the renowned AMC, HDFC Mutual Fund. Launched in Oct 2022, this fund is managed by Abhishek Mor. With assets under management (AUM) worth ₹48.93 (Cr), as of 14-Jun-2024, HDFC NIFTY IT ETF is categorized as a ETFs Fund within its segment. The fund has generated a return of 11.26% since its launch.
The current NAV of HDFC NIFTY IT ETF is ₹35.49, as on 14-Jun-2024. The fund’s benchmark index is Nifty IT TRI. You can invest in HDFC NIFTY IT ETF via both lumpsum and SIP modes. The minimum SIP amount in the fund is - while the minimum lumpsum investment is ₹500.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Exit load is not applicable
The fund has generated - and - CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 99.29% in Equity and 0.71% in cash and cash equivalents
The top 5 sectors the fund invests in are: 97.63% in IT-Software, 1.66% in IT-Services, 0.71% in Cash & Others, 0.00% in Debt and

FAQs on HDFC NIFTY IT ETF

HDFC NIFTY IT ETF is a popular fund in the ETFs Fund segment. The fund has generated a return of 11.26% since inception. Looking to invest in HDFC NIFTY IT ETF? How about earning 1% extra return? All this is possible with m.Stock! Investing in HDFC NIFTY IT ETF is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, HDFC NIFTY IT ETF
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in HDFC NIFTY IT ETF today and reap the benefits of this ETFs Fund fund!

In the short term, i.e., 1 year, HDFC NIFTY IT ETF has generated annualised return of 22.30%. In the long-term, the fund has generated - and - in 3 and 5 years respectively. Since its inception, the fund has generated 11.26% returns.

The expense ratio of HDFC NIFTY IT ETF Direct Growth is 0.2%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

The Assets Under Management (AUM) of HDFC NIFTY IT ETF is ₹48.93 (Cr) as of 14 June 2024. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of HDFC NIFTY IT ETF is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from HDFC NIFTY IT ETF:

  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case HDFC NIFTY IT ETF).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

Yes, you can invest both lumpsum and SIP in HDFC NIFTY IT ETF. Minimum lumpsum investment HDFC NIFTY IT ETF is ₹500 and minimum SIP amount is -. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

The latest NAV (Net Asset Value) of HDFC NIFTY IT ETF is ₹35.49 as on 14 June 2024.

The 5 biggest stock holdings of HDFC NIFTY IT ETF are:
Infosys (26.92%), TCS (25.19%), Tech Mahindra (10.5%), HCL Technologies (9.49%), Wipro (8.32%)

A majority of HDFC NIFTY IT ETF 's AUM worth ₹48.93 (Cr) is invested in these 3 top sectors:

  • IT-Software: 97.63%
  • IT-Services: 1.66%
  • Cash & Others: .71%

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