HDFC AMC - HDFCMOMENT ETF
HDFCMOMENT
₹34.62-₹0.02 (-0.06%) TodayLast updated on 11 Nov, 2024 | 15:12 IST
HDFC AMC - HDFCMOMENT ETF Chart
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Fund overview
About
Open ₹34.65 | Close ₹34.64 | Volume 1,48,983 | Avg. traded ₹34.73 |
Circuit range ₹27.90 - ₹41.85 | Day range ₹34.48 - ₹35.08 | Year range ₹23.41 - ₹39.50 | |
AUM ₹71.27 Cr | ManagersArun Agarwal, +1 more | Launch Date 07 Oct 2022 |
HDFC AMC - HDFCMOMENT
HDFCMOMENT- HDFC Nifty 200 Momentum 30 Index Fund
- HDFC Nifty 200 Momentum 30 ETF Fund is an open-ended value-oriented equity scheme that belongs to HDFC Mutual Fund House.
- The fund was launched on October 10, 2022.
- Its assets under management (AUM) stood at ₹68.53 crore, as of July 31, 2024.
- Arun Agarwal and Abhishek Mor are the fund managers of the HDFC Nifty 200 Momentum 30 Index.
- The ETF units are listed on both exchanges NSE and BSE, one can invest by buying units through a broker.
- These units can be bought by retail investors directly from the demat account of their choice.
Investment Objective & Benchmark
- The fund's investment objective is to provide returns that closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.
- It is benchmarked against Nifty 200 Momentum 30 TRI.
- The Nifty 200 Momentum 30 Index selects stocks based on their relative price momentum over a specified period. Stocks exhibiting strong price momentum are given higher weightage in the index.
- Reconstitution of the HDFC Nifty 200 Momentum 30 Index Fund happens semi-annually in June and December.
- Stock eligibility in this fund should have a minimum listing history of one year. Further, the stock should be available for trading in the F&O segment.
- HDFC Nifty 200 Momentum 30 Index fund provides exposure to the value factor, with the index consisting of the 30 most momentum companies listed on the Nifty Stock Exchange (NSE).
- The ETF invests in companies from key sectors of the economy thus limiting exposure to sectoral risks.
- The risk factor level of the ETF is very high.
Asset Allocation & Portfolio Composition
- The ETF holds 99.87% of its fund in equity and 0.13% in cash.
- The scheme predominately invests in giant and larger cap companies, allocating nearly 90% of the available funds to them.
- The top holdings in the ETF make up 57.50% of the scheme’s asset allocation.
Top 10 holdings in stocks of Aditya Birla Sun Life Nifty 200 Momentum 30 Index include:
- Bajaj Auto Limited: 6.15%
- Tata Motors Ltd.: 5.99%
- Trent Ltd.: 5.77%
- Coal India Ltd.: 5.15%
- Hindustan Aeronautics Limited: 5.12%
- Dr. Reddy's Laboratories Ltd.: 4.75%
- NTPC Limited: 4.71%
- Larsen and Toubro Ltd.: 4.68%
- TVS Motor Company Ltd.: 4.68%
- REC Limited: 4.67%
4. Sector-wise allocation in this fund;
- Capital Goods: 24.49%
- Automobile: 23.71%
- Financial: 10.95%
- Services: 10.25%
- Energy: 9.13%
- Others: 21.47%
Since its inception, HDFC Nifty 200 Momentum 30 ETF Fund has given annualised returns of 44.72%. In the last one year, the fund has given a return of 66.52% compared to its benchmarked index’s 67.51% earnings.
Key indicators
Tracking index IISL NIFTY 200 Momentum 30 TR INR |
Expense Ratio0.30% |
Tracking error NA |
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Investment checklist: (2/6)
Liquidity
Fund size
Expense Ratio
Tracking error
Returns vs FD Rates
Entry Point
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Returns
Returns vs Benchmark
Compare the returns of this fund with
NIFTY 50
This ETF
Nifty 50
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HDFC AMC - HDFCMOMENT Price history
Day | Open | Close | Change % |
---|---|---|---|
Fri, Nov 8 2024 | ₹35.08 | ₹34.64 | -0.92% |
Thu, Nov 7 2024 | ₹35.59 | ₹34.96 | -1.35% |
Wed, Nov 6 2024 | ₹35.03 | ₹35.44 | |
Tue, Nov 5 2024 | ₹34.64 | ₹34.68 | |
Mon, Nov 4 2024 | ₹35.41 | ₹34.33 | -2.22% |
Fri, Nov 1 2024 | ₹34.82 | ₹35.11 | |
Thu, Oct 31 2024 | ₹35.18 | ₹34.82 | -0.20% |
Wed, Oct 30 2024 | ₹34.91 | ₹34.89 | -0.40% |
Composition
What's in fund
Name | Holdings |
---|---|
500251Trent Ltd | 6.62% |
532977Bajaj Auto Ltd | 5.96% |
532555NTPC Ltd | 5.72% |
BHARTIARTLBharti Airtel Ltd | 5.63% |
M&MMahindra & Mahindra Ltd | 4.96% |
TATAMOTORSTata Motors Ltd | 4.76% |
1/5
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Frequently asked questions
What is the HDFC AMC - HDFCMOMENT share price today?
HDFC AMC - HDFCMOMENT share price is ₹ 34.62 today.
What is today’s high & low share price of HDFC AMC - HDFCMOMENT?
HDFC AMC - HDFCMOMENT share price high: ₹ 35.08 and low: ₹ 34.48
What is Assets Under Management (AUM) of HDFC AMC - HDFCMOMENT shares today on the NSE?
HDFC AMC - HDFCMOMENT Assets Under Management (AUM) of ₹ 71.27 Crores.
What is the HDFC AMC - HDFCMOMENT share price high and low in the last 52 weeks on the NSE?
52 Week share High Price is ₹ 39.50 and Low Price is ₹ 23.41
What is the HDFC AMC - HDFCMOMENT Stock Symbol?
The HDFC AMC - HDFCMOMENT Stock symbol is HDFCMOMENT.
Can I buy HDFC AMC - HDFCMOMENT shares on Holidays?
No, shares of HDFC AMC - HDFCMOMENT or any other publicly traded company cannot be bought or sold on holidays when the stock exchanges are closed. You can only buy or sell HDFC AMC - HDFCMOMENT shares on days when the stock exchanges are open for trading. It's important to check the NSE & BSE holidays calendar, before placing any trades to avoid any inconvenience.