HDFC AMC - HDFCBSE500 ETF

About HDFC BSC500- HDFC S&P BSE 500 ETF

• HDFC S&P BSE 500 ETF is an open-ended value-oriented equity scheme that belongs to HDFC Mutual Fund House.
• The fund was launched on February 15, 2023.
• Abhishek Mor and Arun Agrawal are the fund managers of this scheme.
• HDFC S&P BSE 500 ETF has assets under management (AUM) of ₹7.56 crore as of June 30, 2024.
• The ETF units are listed on the NSE and BSE, one can invest by buying units through a broker.
• All the units can also be bought by retail investors directly through the demat account.

Investment Objective & Benchmark

• This scheme seeks to generate returns that are commensurate with the performance of the equity stocks part of the underlying index.
• It is benchmarked against the S&P BSE 500 TRI.
• The S&P BSE 500 Index is an ‘All-in-One’ index, offering exposure mainly to large caps, along with midcaps and small caps in a single index.
• HDFC S&P BSE 500 ETF works as a versatile fund as it invests in a wide range of companies across large-cap, mid-cap and small-cap segments.
• The fund provides a straightforward investment option for potential long-term wealth creation.
• The fund provides investors with exposure to a diverse portfolio of 500 companies listed on the BSE 500 Index.
• It provides a cost-effective way for investors to earn index-like returns.

Asset Allocation & Portfolio Composition

• The current asset allocation of the fund comprises around 99.65% in equities and 0.36% in cash & cash equivalents.
• The ETF invests in companies across market capitalisations– around 59% in large-cap, 20.68% in Mid-cap, 18.10% in small-cap, and 2.22% in small-cap.
• The top 10 company holdings of the ETF make up over 34% of the asset allocation.

The top 10 company holdings in stocks of UTI Nifty 50 UTF include:

• HDFC Bank Ltd: 6.87%
• Reliance Industries Ltd: 6.41%
• ICICI Bank: 4.80%
• Infosys Ltd: 3.34%
• Larsen & Toubro: 2.79%
• TCS: 2.48%
• ITC: 2.37%
• Bharti Airtel: 1.94%
• Axis Bank: 1.86%
• SBI: 1.80%

Sector-wise allocation in this fund;

• Financial services: 27.92%
• Information Technology: 12.77%
• Energy & Utilities: 12.19%
• Consumer Discretionary: 11.09%
• Materials: 10.46%
• Industrial: 10.46%
• Consumer staples: 7.25%
• Healthcare: 5.54%
• Real Estate: 1.34%
• Diversified: 0.62%

HDFC S&P BSE 500 ETF has given returns of 37.89 % in the last year against the index's 38.28% during the period.

The ETF has delivered a CAGR of 35.21% since its inception.