Invest In Hdfc Sensex Etf: A Beginner's Guide

HDFC Mutual Fund's HDFC BSE Sensex ETF is an equity mutual fund scheme that was launched on December 10, 1999, and is currently managed by fund manager Arun Agarwal. The fund seeks to provide investment returns that closely correspond to the total returns of the securities represented by the S&P BSE SENSEX Index, subject to tracking errors. As of December 2, 2024, the latest NAV (Net Asset Value) was ₹738.7711, with a total investment of ₹0 and an expense ratio of 0.36%. The fund has a Very High-risk rating and a minimum SIP investment of ₹5,000.

HDFC Sensex ETF share price

The HDFC Sensex ETF share price is the price of the HDFC S&P BSE Sensex ETF stock. This is an exchange-traded fund (ETF) that tracks the performance of the S&P BSE Sensex Index, which is a stock market index that tracks the performance of 30 large, financially sound companies across 12 sectors of the Indian economy.

As of 22 November 2024, the HDFC Sensex ETF share price was Rs 86.56 at 10:04 AM IST. This was up by 0.63% over the previous closing price of Rs 86.02. The 52-week high share price is Rs 97.24 and the 52-week low share price is Rs 72.39. The market capitalisation of HDFC Sensex ETF is 1,009 crore.

The price-to-book value ratio is 3.45, the dividend yield is 0.00, and the EPS (trailing 12 months) is Rs 0.00.

How to Invest in HDFC Sensex ETF

To invest in HDFC Sensex ETF, you can follow these general steps:

• Open a brokerage account: If you don't already have one, you will need to open a brokerage account with a broker that offers access to the Indian stock market.
• Fund your account: Once your brokerage account is open, you will need to deposit funds into the account. You can typically do this via a bank transfer or cheque.
• Purchase HDFC Sensex ETF shares: Use the provided trading platform to place a buy order for HDFC Sensex ETF shares. You will need to specify the number of shares you want to purchase, and you may also be able to set a price at which you want to buy the shares.

Please note that the above steps are a general guide, and the specific process may vary depending on the broker you choose. It is important to do your own research and carefully consider your investment objectives, level of experience, and risk appetite before investing.

HDFC Sensex ETF market cap

The market capitalization, or market cap, of HDFC S&P BSE Sensex ETF is a publicly traded company's outstanding shares. As of 6 December 2024, the market cap of HDFC S&P BSE Sensex ETF was ₹1,062.39 Cr.

Market capitalization, or market cap, is the market value of a publicly traded company's outstanding shares. It is calculated by multiplying the total number of a company's outstanding shares by the current market price of one share. Market cap is often used as a measure of a company's size and can be used to compare companies within the same industry or sector.

The HDFC S&P BSE Sensex ETF is a mutual fund scheme that was launched by HDFC Mutual Fund in December 1999. It is a large-cap fund that seeks to provide investment returns that closely correspond to the total returns of the Securities as represented by the S&P BSE SENSEX Index, subject to tracking errors. As of 1 December 2024, the fund had an Asset Under Management (AUM) of ₹7,57,067 Cr and the latest NAV was ₹90.01. The expense ratio of the fund is 0.05%, and the minimum SIP investment is ₹5,000.

The HDFC S&P BSE Sensex ETF share price on the National Stock Exchange (NSE) was ₹91.11 on 6 December 2024. The 52-week high and low of the HDFC S&P BSE Sensex ETF were ₹75.52 and ₹100, respectively, as of that date. The HDFC S&P BSE Sensex ETF's CAGR for 5 Years was 16.25%, 3 Years was 13.64%, 1 Year was 19.35%, 6 Months was 10.41%, 3 Months was -0.68%, and 1 Month was 2.93%.

HDFC Sensex ETF PE ratio

The PE ratio of HDFC Sensex ETF (HDFCSENETF) as of 6 December 2024 is 0.00. This means that, as of that date, HDFC Sensex ETF shares are not producing a profit.

The PE ratio, or price-to-earnings ratio, is a metric used to determine a company's value by measuring its current share price relative to its earnings per share. A higher PE ratio generally indicates that investors believe the company will be more profitable in the future, while a lower PE ratio can indicate that a company may be undervalued or that investors are pessimistic about its future prospects.

The PE ratio of HDFC Sensex ETF has been 0 throughout 2024, with the exception of 21 August 2024, when it was recorded as 13.46.

To invest in HDFC Sensex ETF, you can follow these steps:

• Open a brokerage account with a provider that offers access to the National Stock Exchange (NSE) of India, where HDFC Sensex ETF is traded.
• Fund your brokerage account with enough money to purchase the desired amount of HDFC Sensex ETF shares.
• Place a buy order for HDFC Sensex ETF shares through your brokerage account.
• Monitor your investment and consider diversifying your portfolio to manage risk.

HDFC Sensex ETF investment objective

The HDFC BSE Sensex ETF is a mutual fund scheme launched by HDFC Mutual Fund. The scheme's investment objective is to provide returns that closely correspond to the total returns of the securities represented by the S&P BSE SENSEX Index, subject to tracking errors. This means that the fund aims to mimic the performance of the S&P BSE SENSEX Index, which is a stock market index that tracks the performance of 30 large, well-established, and financially sound companies across various sectors in India.

The fund has a very high-risk rating and a minimum SIP investment of ₹5,000. As of December 2024, the fund has an Asset Under Management (AUM) of ₹7,57,067 Cr and an expense ratio of 0.36%. The expense ratio is lower for direct funds compared to regular funds, resulting in higher returns for investors. The fund's portfolio comprises 99.99% investment in domestic equities, with 82.43% in Large Cap stocks as of October 2024.

Some of the top holdings in the fund's portfolio as of October 2024 include Reliance Industries Ltd., Larsen & Toubro Ltd., Tata Consultancy Services Ltd., Hindustan Unilever Ltd., and Power Grid Corporation of India Ltd.

HDFC Sensex ETF fund manager

The HDFC BSE Sensex ETF fund manager is Arun Agarwal, who has been in the role since August 2020. Agarwal is a B.Com and Chartered Accountant with experience in equity, debt and derivative dealing, fund management, internal audit and treasury operations. Prior to joining HDFC Asset Management Company Limited, he worked with SBI Funds Management Pvt. Ltd., ICICI Bank Limited, and UTI Asset Management Pvt. Ltd.

The fund has a suggested investment period of three years and above. It is an open-ended scheme that replicates/tracks the S&P BSE Sensex Index. The investment strategy involves reducing the tracking error as much as possible through regular rebalancing of the portfolio, taking into account any changes in the weights of stocks in the index as well as incremental collections/redemptions in the scheme.

The fund currently has an Asset Under Management (AUM) of ₹7,57,067 Crore, with a minimum SIP investment of ₹5,000. As of December 3, 2024, the latest NAV is ₹90.01.

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