HDFC NIFTY100 Low Volatility 30 Index Fund Review

HDFC NIFTY100 Low Volatility 30 Index Fund Review

HDFC NIFTY100 Low Volatility 30 Index Fund ReviewHDFC 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? 

  1. Nirman Morakhia
  2. 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
Email: enq_h@camsonline.com
Website: www.camsonline.com

HDFC NIFTY100 Low Volatility 30 Index Fund Form Download

https://portal.amfiindia.com/spages/13946.pdf

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