The HDFC Mutual Fund has just launched two new ETFs, the HDFC NIFTY Next 50 ETF and the HDFC NIFTY 100 ETF. Both ETFs aim to offer investors exposure to the Indian large cap sector. The HDFC NIFTY Next 50 ETF will follow the NIFTY Next 50 Total Returns Index and the HDFC NIFTY 100 ETF will follow the NIFTY 100 TRI.
ETF Newz Says:
Both ETFs look to offer diversification with higher risk-adjusted returns.