HDFC Nifty 100 ETF (G)

HDFC Nifty 100 ETF (G) is an Exchange Traded Fund which is benchmarked to IISL Nifty 100 TR INR. HDFC Nifty 100 ETF (G) is managed by the HDFC Asset Management Company Limited with the fund managers being Abhishek Mor, Arun Agarwal, Krishan Daga. The HDFC Nifty 100 ETF (G) was launched on Aug 05, 2022 with no lock-in period. Since its inception, the fund has delivered -3.7% as a return on investment. The fund has delivered a 1-year return of null%, a 3-year return of null%, and a 5-year return of null%.

As on 23 Mar, 2023 the NAV of the fund is Rs 170.51 and the AUM is Rs 7.17 crores. The fund charges an expense ratio of 0.3% on an annual basis. You can start a SIP with an investment of a minimum of Rs 100. You can make a lumpsum investment of minimum of Rs 5000.

Since the scheme is benchmarked to IISL Nifty 100 TR INR, the fund is subject to very high risk and it may witness volatility in the short term. Hence, an exchange-traded fund is more suitable for an investment horizon of more than 5 years. The HDFC Nifty 100 ETF (G) has an asset allocation of 0% in equity and equity equivalents and 0% in debt securities.

Scripbox provides a unique feature through which you can compare the performance of HDFC Nifty 100 ETF (G) with another fund in a similar category. This way you can make a well-informed investment decision.