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HDFC Mutual Fund Launches Two ETFs

Published on November 08, 2022
Current Context: HDFC Mutual Fund launched two Exchange Traded Funds (ETFs) in order to expand its “HDFC MF Index Solutions”.
HDFC Mutual Fund Launches Two ETFs
  • The two new ETFs launched are:
  1. HDFC Nifty IT ETF
  2. HDFC Nifty Private Bank ETF
  • The primary objective of these ETFs will be to provide investment returns similar to that provided by the NIFTY IT Index and NIFTY Private Bank Index.
  • HDFC Nifty IT ETF will capture global IT demand through India’s leading IT firms.
  • HDFC Nifty Private Bank ETF will capture private banks’ potential and is benefitted from India’s economic growth.
  • Both of the ETFs will consist of the 10 largest stocks in their respective sectors and will be rebalanced bi-annually in March and September.


Q.1 Recently two Exchange Traded Funds (ETFs) were launched by?
a. HDFC Mutual Fund
b. Aditya Birla Sun Life AMC Limited
d. Essel Finance AMC Limited
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