HDFC SENSEX ETF (An Open-ended Scheme replicating/tracking S&P BSE SENSEX Index)
June 2021
HDFC SENSEX ETF: Investment Strategy The Fund invests in stocks comprising the underlying index and endeavours to track the benchmark index. The ETF invests in stocks forming part of S&P BSE SENSEX index in the same ratio as per the index to the extent possible and to that extent follows a passive investment strategy, except to the extent of meeting liquidity and expense requirements. The Fund may also invest in debt & money market instruments, in compliance with regulations to meet liquidity and expense requirements.
What is an ETF? Exchange Traded Fund (ETF), are mutual funds that trade like stocks. Like a stock, ETF units are traded on exchanges on which it is listed at market-determined prices and are bought and sold at any moment during market hours through demat accounts. The most common ETFs are designed to track the performance of a market benchmark or Index`s total return.
Why Invest in HDFC SENSEX ETF? The HDFC Sensex ETF provides exposure to largest 30 companies listed in India offering access to a broadly diversified range of equity securities allowing investors to participate in the long-term growth prospects of India in a low cost manner.
About the Underlying Index The S&P BSE SENSEX is a free-float market-weighted stock market index of 30 well-established and financially sound companies listed on Bombay Stock Exchange. Published since 1 January 1986, the S&P BSE SENSEX is regarded as the pulse of the domestic stock markets in India.
Investment Objective To generate returns that are commensurate with the performance of the S&P BSE SENSEX Index, subject to tracking errors. There is no assurance that the investment objective of the Scheme will be realized.
Key ETF Facts
Krishan Kumar Daga (since December 09, 2015) Fund Manager Arun Agarwal (since August 24, 2020)
Inception Date December 9, 2015
Benchmark S&P BSE SENSEX ( Total Returns Index)
ISIN Code INF179KC1973
Bloomberg Code HSETF
Exchange Symbol HDFCSENETF
Unit Value 1/100th of the value of S&P BSE SENSEX Index
Creation Unit Size 10,000 units & in multiples thereof
Entry / Exit Load Nil
Current Expense Ratio 0.05% p.a. Parwati Capital Markets Pvt Ltd. Authorized Participants Edelweiss Securities Ltd. Nirshilp Securities Pvt Ltd.
AUM as on 31st May, 2021 INR 100.24 Cr
Who Can Deal Directly With the Fund House? Authorized Participants Large Investors investing in creation unit size as determined by the AMC All other investors can invest and redeem units of the ETF directly on the stock exchange through a broker (member of the stock exchange)
1/2 HDFC SENSEX ETF (An Open-ended Scheme replicating/tracking S&P BSE SENSEX Index)
June 2021
Top 10 Equity Holdings (as on 31st May, 2021)
Company Industry* % to NAV
Reliance Industries Ltd. Petroleum Products 12.28
Infosys Limited Software 8.97
Housing Development Fin. Corp. Ltd.$ Finance 8.09
ICICI Bank Ltd. Banks 8.04
Tata Consultancy Services Ltd. Software 5.75
Kotak Mahindra Bank Limited Banks 4.15
Hindustan Unilever Ltd. Consumer Non Durables 3.67
Axis Bank Ltd. Banks 3.47
ITC Ltd. Consumer Non Durables 3.33
* Industry classification as recommended by AMFI. For complete portfolio details please refer to the website www.hdfcfund.com $ Co-Sponsor
Tracking Error Portfolio Turnover Ratio
Annualised tracking error is calculated based on daily Portfolio Turnover Ratio rolling returns for the last 12 months: 0.06% (Last 1 Year) : 44.83%
Product Labelling
The product is suitable for investors who are seeking:* Riskometer#
Mod Returns that are commensurate with the performance of the S&P BSE erate eratel Mod Hig y SENSEX, subject to tracking errors over long term to h H w ate ig Lo er h od Investment in equity securities covered by the S&P BSE SENSEX M V H e w ig r y o h L
*Investors should consult their financial advisers, if in doubt about whether the product is suitable for them. RISKOMETER #For latest Riskometer, investors may refer to the Monthly Portfolios disclosed Investors understand that their principal will be at on the website of the Fund viz. www.hdfcfund.com very high risk
Disclaimer For further details, refer SID and KIM available on www.hdfcfund.com and at ISC’s of HDFC Mutual Fund. The views expressed herein are as of June 15, 2021 and are based on internal data, publicly available information and other sources believed to be reliable. Any calculations made are approximations, meant as guidelines only, which you must confirm before relying on them. The information contained in this document is for general purposes only and not an investment advice. The document is given in summary form and does not purport to be complete. The document does not have regard to specific investment objectives, financial situation and the particular needs of any specific person who may receive this document. The information/ data herein alone are not sufficient and should not be used for the development or implementation of an investment strategy. The statements contained herein are based on our current views and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Past performance may or may not be sustained in future. HDFC AMC / HDFC Mutual Fund is not guaranteeing / offering / communicating any indicative yield on investments made in the scheme(s). Neither HDFC AMC and HDFC Mutual Fund (the Fund) nor any person connected with them, accepts any liability arising from the use of this document. The recipient(s) before acting on any information herein should make his/her/their own investigation and seek appropriate professional advice and shall alone be fully responsible / liable for any decision taken on the basis of information contained herein.
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