Review of HDFC Nifty India Digital Index Fund NFO
November 20, 2024
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Review of HDFC Nifty India Digital Index Fund NFO @ sahifund.com by Paresh Gordhandas, C.A., Research Analyst.
[ A ] Benchmark Performance of Nifty India Digital TRI
Performance
| Index Returns (%) | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | -6.68 | 23.04 | 42.89 | 24.44 | 11.84 |
| Total Return | -6.47 | 24.18 | 44.37 | 26.00 | 13.28 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 16.83 | 21.54 | 22.02 |
| Beta (NIFTY 50) | 0.92 | 0.89 | 0.87 |
| Correlation (NIFTY 50) | 0.74 | 0.79 | 0.84 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 417.2 | 17.07 | 1.13 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| HCL Technologies Ltd | 7.92 |
| PB Fintech Ltd | 7.89 |
| Info Edge (India) Ltd | 7.49 |
| Tata Consultancy Services Ltd. | 7.42 |
| Infosys Ltd | 7.41 |
| Bharti Airtel Ltd. | 7.32 |
| Zomato Ltd. | 6.77 |
| Tech Mahindra Ltd | 5.50 |
| Wipro Ltd. | 4.20 |
| One 97 Communications Ltd. | 4.02 |
Note on Benchmark Performance:
[ B ] Performance Review of the Fund Managers of this NFO
Past Performance of Nirman S. Morakhia
| Fund | HDFC NIFTY Midcap 150 ETF | It’s Benchmark | HDFC NIFTY Smallcap 250 ETF | It’s Benchmark |
| 1 Year | 30.13 | 32.63 |
29.67 |
29.65 |
| 3 Year | — | — | — | — |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 20-11-2024
Past Performance of Arun Agarwal
| Fund | HDFC BSE Sensex Index Fund | It’s Benchmark | HDFC Equity Savings Fund | It’s Benchmark |
| 1 Year | 18.68 | 23.72 |
14.15 |
13.53 |
| 3 Year | 10.07 | 12.62 | 9.49 | 8.13 |
| 5 Year | 14.66 | 17.16 | 11.07 | 9.54 |
| 7 Year | 13.58 | 14.20 | 8.93 | 8.99 |
| 10 Year | 11.61 | 12.85 | 9.33 | 8.68 |
As on 20-11-2024
Note on Fund Managers’ performance