HDFC Nifty Next 50 ETF (G)

HDFC Nifty Next 50 ETF (G) is an Exchange Traded Fund which is benchmarked to Nifty Next 50 TR INR. HDFC Nifty Next 50 ETF (G) is managed by the HDFC Asset Management Co Ltd with the fund managers being Abhishek Mor, Arun Agarwal. The HDFC Nifty Next 50 ETF (G) was launched on Aug 05, 2022 with no lock-in period. Since its inception, the fund has delivered 32.6% as a return on investment. The fund has delivered a 1-year return of 63.2%, a 3-year return of null%, and a 5-year return of null%.

As on 25 Jul, 2024 the NAV of the fund is Rs 72.79 and the AUM is Rs 39.59 crores. The fund charges an expense ratio of 0.15% 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 Nifty Next 50 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 Next 50 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 Next 50 ETF (G) with another fund in a similar category. This way you can make a well-informed investment decision.