HDFC Nifty Midcap 150 ETF

The HDFC Nifty Midcap 150 ETF is an exchange-traded fund designed to track the Nifty Midcap 150 Index. Its primary function is to provide investors with an avenue to invest in a diversified basket of midcap companies listed on the National Stock Exchange of India. The fund reflects the performance of the midcap segment of the Indian equity market, capturing 150 stocks, which represent approximately 13% of the total market cap of all listed companies on the exchange. This ETF is appealing because it offers exposure to companies that are generally beyond the top 100 ranked by market capitalization, often characterized by potential growth prospects as they expand within their respective industries. Midcap companies within this ETF span across diverse sectors including, but not limited to, financials, consumer goods, and industrials, offering a balanced risk-return profile relative to large-cap and small-cap stocks. The HDFC Nifty Midcap 150 ETF plays a significant role in assisting investors to access the midcap sector's growth potential while benefiting from the liquidity and transparent pricing features inherent in exchange-traded funds.