NFO Alert: From objective to risk, all you need to know about HDFC Nifty PSU Bank ETF

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₹500 per plan/option and in multiples of Re 1. There is no upper limit for investment.

Under normal circumstances, the asset allocation of the scheme will be as follows:Indicative allocations (% of total assets)MinimumMaximumSecurities covered by NIFTY PSU Bank Index (TRI)95%100%Very High Debt Securities & Money Market Instruments, units of Debt Schemes of Mutual Funds0%5%Low to Medium To date, many asset management companies (AMCs) have launched such Nifty bank exchange-traded funds (ETFs). These include:Mutual Fund HouseNifty Bank ETFNippon India Mutual FundNippon India ETF Bank BeESICICI Prudential Mutual Fund ICICI Prudential Nifty Bank ETFKotak Mahindra Mutual FundKotakBETFSBI Mutual FundSBI-ETF Nifty BankAxis Mutual FundHDFC Mutual FundAditya Birla Sun Life Mutual FundUTI Mutual FundHDFCMutual FundEdelweiss Mutual FundDSP Mutual Fund The performance of the scheme will be benchmarked against Nifty PSU Bank index (TRI).

The above index has been chosen as the benchmark since the scheme will invest in stocks that are constituents of the NIFTY PSU Bank index. Thus, the composition of the aforesaid benchmark is such that it is most suited for comparing the performance of the Scheme.

The Trustee reserves the right to change the benchmark for the performance of the scheme in conformity with the investment objectives and appropriateness of the benchmark subject to SEBI (MF) regulations, and other prevailing guidelines, if any by suitable notification to the investors to this effect. By the investment objective and tracking error definition, the scheme performance will be compared with the total returns of the NIFTY PSU Bank index.