HDFC NIFTY100 Low Volatility 30 Index Fund Review – HDFC NIFTY100 Low Volatility 30 Index Fund Direct NFO Open on 21 June 2024 and Close on 05 July 2024. HDFC NIFTY100 Low Volatility 30 Index Fund Direct NFO Allotment Date is 10 July 2024, and the NFO Type is Open-Ended. NFO Riskometer is Very High Risk, and the Minimum Investment Amount is ₹100. The Minimum SIP Investment Amount is ₹100.
Type of the Scheme
An open ended scheme replicating/tracking NIFTY100 Low Volatility 30 Index (TRI).
Scheme Benchmark : NIFTY100 Low Volatility 30 Index (TRI).
The benchmark is also referred to as “Underlying Index” in this document. The above Index has been chosen as the benchmark since the Scheme will invest in stocks which are constituents of NIFTY100 Low Volatility 30 Index (TRI). Thus, the aforesaid benchmark is such that it is most suited for comparing the performance of the Scheme.
HDFC NIFTY100 Low Volatility 30 Index Fund Scheme Benchmark
Top constituents by weightage
Company
Weightage
Hindustan Unilever Ltd.
4.45%
ICICI Bank Ltd.
4.34%
Britannia Industries Ltd.
4.14%
Asian Paints Ltd.
3.99%
ITC Ltd.
3.81
UltraTech Cement Ltd.
3.66%
Marico Ltd.
3.62
HDFC Bank Ltd.
3.61
Sun Pharmaceutical Industries Ltd.
3.60
Reliance Industries Ltd.
3.50
HDFC NIFTY100 Low Volatility 30 Index Fund Nfo Important Date
Scheme Offer
HDFC NIFTY100 Low Volatility 30 Index Fund
Offer Price
Rs. 10/- per Unit
Type of Scheme
Open Ended scheme
Open Date
21 June 2024
Allotment Date
10 July 2024
Close Date
05 July 2024
Category
Index Fund
Min Inv ₹
100
Lock in Period
N/A
Risk
Very High
Scheme Benchmark
NIFTY100 Low Volatility 30 Index
HDFC NIFTY100 Low Volatility 30 Index Fund Nfo Other Details
Exit Load
N/A
Exit Load Details
N/A
Entry Load
N/A
Stamp Duty
0.005%
Min. Investment
Rs. 100
Min. SIP
Rs. 100
HDFC NIFTY100 Low Volatility 30 Index Fund Review Asset Allocation
| Instruments | Allocation Min | Allocation Max |
|---|---|---|
| Securities covered by NIFTY100 Low Volatility 30 Index (TRI) | 95 | 100 |
| Debt Securities & Money Market Instruments, Units of Debt Schemes of Mutual Funds | 0 | 5 |
HDFC NIFTY100 Low Volatility 30 Index Fund Sector Representation
| Sector | Weightage |
|---|---|
| Fast Moving Consumer Goods | 25.60 |
| Financial Services | 14.48 |
| Healthcare | 12.79 |
| Consumer Durables | 9.73 |
| Automobile and Auto Components | 9.07 |
| Information Technology | 8.59 |
| Power | 6.24 |
| Construction Materials | 3.66 |
| Oil, Gas & Consumable Fuels | 3.50 |
| Construction | 3.32 |
| Chemicals | 3.03 |
Investment Objective of the Scheme ?
To generate returns that are commensurate (before fees and expenses) with the performance of the NIFTY100 Low Volatility 30 Index (TRI), subject to tracking error. There is no assurance that the investment objective of the Scheme will be achieved.
HDFC NIFTY100 Low Volatility 30 Index Fund Review Index Return
| Index Return | QTD | YTD | 1 Year | 5 Years | Since Inception |
|---|---|---|---|---|---|
| Price Return | -1.53 | 3.43 | 27.93 | 14.88 | 16.22 |
| Total Return | -1.39 | 3.91 | 29.41 | 16.81 | 18.15 |
HDFC NIFTY100 Low Volatility 30 Index Fund Review Manager Details
- Fund Manger : Nirman Morakhia
- Qualification : M.B.A – Financial Markets (Institute of Technology and Management, Navi Mumbai) • B.M.S (Mumbai University).
- Experience : Collectively over 16 years of experience in equity dealing. March 15, 2018 till date HDFC Asset Management Company Limited November 19, 2007- March 14, 2018 Mirae Asset Global Investment Management India Pvt. Ltd. Last Position held: Equity Dealer.
- Fund Manger : Arun Agarwal
- Qualification : B.Com.,Chartered Accountant
- Experience : Collectively over 25 years of experience in equity, debt and derivative dealing, fund management, internal audit and treasury operations. September 16, 2010 till Date HDFC Asset Management Company Limited.
How Will The Scheme Allocate Its Assets?
- Debt Derivatives
- ADR/GDR/Foreign Securities
- Securitized Debt
- Credit Default Swaps
- Short Selling
- Repo/ Reverse Repo of corporate debt securities
- Debt instruments having special features viz. subordination to equity (absorbs losses before equity capital) and/or convertible to equity upon trigger of a pre-specified event for loss absorption
- Structured obligations (SO rating) and/or credit enhanced debt (CE rating)
- Units of Real Estate Investment Trusts (REITs) and/or Infrastructure Investment Trusts (InvITs) unless received as corporate action or the instrument/security is added in the benchmark Index as a constituent.
Also Read: Bandhan Nifty Total Market Index Fund Review
Fund Manager Manages the Scheme?
- Nirman Morakhia
- Arun Agarwal
HDFC NIFTY100 Low Volatility 30 Index Fund Registrar
Computer Age Management Services Ltd.
7th Floor, Tower II, Rayala Towers, 158,
Anna Salai, Chennai – 600002
Telephone:1800-3010-6767
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