Aim For Equal Opportunity In India’s Top 50!

EQUAL WEIGHTING OFFERS DIVERSI FICATION AT A SECTOR AND STOCK LEVEL

The Nifty50 Equal Weight Index helps reduce potential sector concentration risk. Top 3 sectors of the Nifty50 Equal Weight Index account for 41.0% weightage compared to 53.8% for the Nifty 50 Index. The Nifty50 Equal Weight Index is overweight Healthcare, Metals & Mining and Autos and under weight Financial Services and Oil & Gas relative to the Nifty 50 Index.

Source: NSE Indices, internal calculations. As of May 29, 2026.

Source: NSE Indices, internal calculations. As of May 29, 2026

Furthermore, the Nifty50 Equal Weight Index helps reduce potential stock concentration risk. Companies with relatively large (small) weights in the parent market-cap index have lower (higher) weights in the equal weighted version, as can be observed from the tables above. For example, HDFC Bank’s weight is currently 1.8% in the Nifty50 Equal Weight Index, significantly lesser than its 10.6% weight in the Nifty 50 Index. Similarly, Jio Financial Services Ltd. has a weight of 0.7% in the Nifty 50 Index, but a larger weight of 1.91% in the Nifty50 Equal Weight Index (data as of May 29, 2026).

THE NIFTY50 EQUAL WEIGHT TRI HAS OUTPERFORMED THE NIFTY 50 TRI OVER VARIOUS HORIZONS

Source: NSE Indices Ltd. and internal calculations. As on May 29, 2026. ^ Jun 30, 1999 has been chosen as the base date since TRI values of Nifty 50 are available from this date onwards. Past performance may or may not be sustained in the future and is not a guarantee of any future returns. HDFC AMC/Mutual Fund is not guaranteeing or promising or forecasting any returns. *CAGR: Compounded Annual Growth Rate, TRI - Total Return Index.

For example, over the 5-year ending May 29, 2026, the CAGR was 14.6% for Nifty50 Equal Weight TRI vs. 9.9% CAGR for Nifty 50 TRI.

CONCLUSION

Equal weighting as a strategy is a balanced way to invest in India’s growth story.

Views expressed herein as on June 9, 2026 involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied herein. Stocks/Sectors referred are illustrative and should not be construed as an investment advice or a research report or a recommendation by HDFC Mutual Fund (“the Fund”) / HDFC AMC to buy or sell the stock or any other security covered under the respective sector/s. The Fund may or may not have any present or future positions in these sectors. HDFC Mutual Fund/ HDFC AMC is not indicating or guaranteeing returns on any investments. Readers should seek professional advice before taking any investment related decisions.

Sources: • NSE Indices • NSE Indices Ltd. • Internal calculations (Data as of April 30, 2026, as mentioned in the article)

*Past performance may or may not be sustained in the future and is not a guarantee of any future returns. HDFC AMC/Mutual Fund is not guaranteeing or promising or forecasting any returns.

Disclaimer: For a detailed return breakdown, refer to the Performance Tracker on page 12

Source: MFI360 Explorer, Morningstar, Bloomberg, internal calculations. Past performance may or may not be sustained in future and is not a guarantee of any future returns.

Disclaimer: The data/statistics is given for general information purposes only and is not an investment advice. Neither HDFC AMC / HDFC Mutual Fund nor any person connected with them, accept 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. *Gold and Silver prices in INR do not include any customs duties, local taxes etc. Returns less than 1 year period are simple and greater than 1 year period are compounded annualized (CAGR). § Year to date. ∑ Financial year to date

Source: www.hdfcfund.com N.A. - Not Available. TER - Total Expense Ratio (As at last day of the month). Including Additional Expenses and Goods and Service Tax on Management Fees * Annualised tracking error is calculated based on daily returns for the last 12 months ^Investors in the Scheme shall bear the recurring expenses of the Scheme in addition to the expenses of other schemes in which this Fund of Funds scheme makes investment (subject to regulatory limits) 
Disclaimer : The information/data herein alone are not sufficient and should not be used for the development or implementation of an investment strategy. 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. 
NSE Disclaimer: The above mentioned Schemes offered by HDFC Asset Management Company Limited (HDFC AMC) having benchmark as NSE Indices are not sponsored, endorsed, sold or promoted by NSE INDICES LIMITED (formerly known as India Index Services & Products Limited (IISL)). NSE INDICES LIMITED does not make any representation or warranty, express or implied (including warranties of merchantability or fitness for perticular purpose or use) and disclaims all liabilty to the owners of the Products or any member of public regarding the advisability of investing in security generally or in the Products linked to the respective underlying indices of NSE to track general stock market performance in India. Please read the full Disclaimers in the Offer Document of the Products. BSE Disclaimer: The above mentioned schemes of HDFC AMC having benchmark as BSE Indices are based on the underlying indices of BSE. BSE® and SENSEX® are registered trademarks of BSE Limited. The Schemes is not sponsored, endorsed marketed or promoted by BSE or their respective affiliates. Please refer to the Schemes Information Document for disclaimers.

Source: www.hdfcfund.com N.A. - Not Available. TER -Total Expense Ratio (As at last day of the month). Including Additional Expenses and Goods and Service Tax on Management Fees. 
∞ The Schemes being an Exchange Traded Fund investing in a specific sector carries higher risks versus diversified equity mutual funds on account of concentration and sector specific risk. * Annualised tracking error is calculated based on daily returns for the last 12 months. And for schemes that have completed less than 12 months, Annualised Standard Deviation (tracking error) has been calculated based on the available data, i.e. since inception. Exit load does not apply on ETFs. ^ Margin available / haircut applied depends on broker.  
Disclaimer : The information/data herein alone are not sufficient and should not be used for the development or implementation of an investment strategy. 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. 
NSE Disclaimer: The above mentioned Schemes offered by HDFC Asset Management Company Limited (HDFC AMC) having benchmark as NSE Indices are not sponsored, endorsed, sold or promoted by NSE INDICES LIMITED (formerly known as India Index Services & Products Limited (IISL)). NSE INDICES LIMITED does not make any representation or warranty, express or implied (including warranties of merchantability or fitness for perticular purpose or use) and disclaims all liabilty to the owners of the Products or any member of public regarding the advisability of investing in security generally or in the Products linked to the respective underlying indices of NSE to track general stock market performance in India. Please read the full Disclaimers in the Offer Document of the Products. 
BSE Disclaimer: The above mentioned schemes of HDFC AMC having benchmark as BSE Indices are based on the underlying indices of BSE. BSE® and SENSEX® are registered trademarks of BSE Limited. The Schemes is not sponsored, endorsed marketed or promoted by BSE or their respective affiliates. Please refer to the Schemes Information Document for disclaimers.

Riskometer as on April 30, 2026. #For latest riskometer, investors may refer to the Monthly Portfolios disclosed on the website of the Fund viz. www.hdfcfund.com

Riskometer as on April 30, 2026. #For latest riskometer, investors may refer to the Monthly Portfolios disclosed on the website of the Fund viz. www.hdfcfund.com 

πInvestors in the Scheme shall bear the recurring expenses of the Scheme in addition to the expenses of other schemes in which this Fund of Fund scheme makes investment (subject to regulatory limits).

NSE Disclaimer: The above mentioned Schemes offered by HDFC Asset Management Company Limited (HDFC AMC) having benchmark as NSE Indices are not sponsored, endorsed, sold or promoted by NSE INDICES LIMITED (formerly known as India Index Services & Products Limited (IISL)). NSE INDICES LIMITED does not make any representation or warranty, express or implied (including warranties of merchantability or fitness for particular purpose or use) and disclaims all liability to the owners of the Products or any member of the public regarding the advisability of investing in securities generally or in the Products linked to the respective underlying indices of NSE to track general stock market performance in India. Please read the full Disclaimers in the Offer Document of the Products.

BSE Disclaimer: The above mentioned schemes of HDFC AMC having benchmark as BSE Indices are based on the underlying indices of BSE. BSE® and SENSEX® are registered trademarks of BSE Limited. The Schemes is not sponsored, endorsed marketed or promoted by BSE or their respective affiliates. Please refer to the Scheme Information Document for disclaimers.

MSCI Disclaimer: HDFC Developed World Overseas Equity Passive FOF is not sponsored, endorsed, sold or promoted by MSCI. All MSCI indexes are owned by MSCI and provided as-is without any warranties. MSCI assumes no liability for or in connection with the MSCI indexes. Please refer the Scheme Information Document for complete disclaimer.

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The views are based on internal data, publicly available information and other sources believed to be reliable. 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. Stocks/Sectors referred are illustrative and not recommended by HDFC Mutual Fund (“the Fund”)/ HDFC AMC. The Schemes of the Fund may or may not have any present or future positions in these sectors. It should not be construed as an investment advice or a research report or a recommendation by the Fund/HDFC AMC to buy or sell the stock or any other security covered under the respective sector/s. The Fund/ HDFCAMC is not guaranteeing any returns on investments made in the Scheme(s). Past performance may or may not be sustained in future and is not a guarantee of any future returns. HDFC Asset Management Company Limited (“HDFC AMC”) does not warrant the completeness or accuracy of the information herein. Neither HDFC AMC, nor any person connected with it, accepts any liability arising from the use of this material. The recipient(s) should before taking any decision, should make their own investigation and seek appropriate professional advice.

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