An open ended scheme replicating/tracking NIFTY100 Equal Weight Index (TRI)

Investment Objective: The investment objective of the Scheme is to generate returns that are commensurate (before fees and expenses) with the performance of the NIFTY 100 Equal Weight Index TRI (Underlying Index), subject to tracking error. There is no assurance that the investment objective of the Scheme will be realized.

What is the HDFC NIFTY 100 Equal Weight Index Fund?

The HDFC NIFTY 100 Equal Weight Index Fund is a mutual fund that aims to generate returns in line with the NIFTY100 Equal Weight Total Return Index (TRI), before fees and expenses. It follows an equal-weight strategy, holding an equal weight of each stock in the Nifty 100, thereby avoiding stock and sector concentration risk. The NIFTY100 Equal Weight Index is rebalanced quarterly where weights are rebalanced back to equal. The NIFTY100 Equal Weight Index shall be reconstituted semi-annually along with the NIFTY 100 Index.

Why invest in HDFC NIFTY 100 Equal Weight Index Fund?

• Objective to hold equal weight of each stock in the Nifty 100: The HDFC NIFTY100 Equal Weight Index Fund seeks to replicate the performance of the NIFTY100 Equal Weight TRI by holding an equal weight of each stock in the Nifty 100. This strategy helps to avoid concentration risk and ensures that the performance is not solely dependent on a few heavy-weight stocks or sectors.
• Benefits from growth opportunities across stocks and sectors: By holding an equal weight of each stock, the HDFC NIFTY 100 Equal Weight Index Fund aims to capture the growth opportunities across all stocks and sectors in the NIFTY 100. This approach provides investors with a broader exposure and potential for better risk-adjusted returns.
• Simple and effective investment solution: The HDFC NIFTY100 Equal Weight Index Fund offers a straightforward investment option for investors seeking to diversify their portfolios and avoid concentration risk.

Who should invest in HDFC NIFTY100 Equal Weight Index Fund?

The HDFC NIFTY100 Equal Weight Index Fund is suitable for investors who:

• Seek to avoid stock and sector concentration risk
• Prefer a passive investment approach that captures the growth opportunities across stocks and sectors
• Have a long-term investment horizon and aim for wealth creation over time

What is the ideal investment time horizon for the HDFC NIFTY 100 Equal Weight Index Fund?

HDFC NIFTY 100 Equal Weight Index Fund is suitable for investors with a time horizon of 3 years and above.

How to invest in HDFC NIFTY100 Equal Weight Index Fund?

Investors can invest in the HDFC NIFTY 100 Equal Weight Index Fund by visiting the HDFC Asset Management Company's website or reaching out to a registered mutual fund distributor. The fund can be purchased through various investment platforms.

For current constituents of NIFTY100 Equal Weight (Total Returns Index), please click here.

For changes to Index constituents, please click here.