HDFC NIFTY200 Momentum 30 ETF

The HDFC NIFTY200 Momentum 30 ETF is an exchange-traded fund that focuses on capturing price momentum within the Indian equity market. It tracks the NIFTY200 Momentum 30 Index, which is composed of 30 stocks from the NIFTY 200 exhibiting high momentum based on their price movements. The primary function of this ETF is to provide investors with exposure to companies that are gaining traction in market trends, potentially outperforming the broader index. The ETF allows investors to diversify their portfolio through a single investment instrument that automatically adjusts to include stocks with upward price momentum. It plays a pivotal role in strategic asset allocation for those looking to capitalize on short to mid-term price trends within the Indian stock market. By focusing on momentum-driven enterprises, this ETF covers a range of sectors, providing significant exposure to rapidly evolving industries. As a part of the larger family of investment funds offered by HDFC Asset Management, it aligns with the investment strategies of portfolio managers aiming to utilize systematic investment methods based on technical analysis.