Mumbai, October 16, 2026: HDFC Asset Management Company Limited (HDFC AMC), investment manager to HDFC Mutual Fund, marked the listing of the HDFC FTSE India Equity ETF on the National Stock Exchange of India (NSE) with a bell-ringing ceremony in Mumbai on Thursday.
The event was attended by Navneet Munot, Managing Director and Chief Executive Officer of HDFC AMC; Nico Boulay, Head of Asia at FTSE Russell; and Ashishkumar Chauhan, Managing Director and Chief Executive Officer of NSE, all of whom delivered keynote addresses.
ETF tracks FTSE India Equity Index
The HDFC FTSE India Equity ETF is an open-ended scheme that replicates or tracks the FTSE India Equity Index (TRI). The underlying index aims to broadly represent India’s equity markets, covering about 90% of the market capitalisation of the FTSE India All Cap Index, according to the company.
The ETF is designed to offer investors exposure to India’s long-term growth through a diversified, rules-based investment approach.
Focus on passive investment solutions
Navneet Munot, Managing Director and CEO of HDFC AMC, said the ETF provides investors with access to a broad representation of India’s listed equity universe through a rules-based index strategy. “India’s capital markets have undergone significant transformation over the past decade, driven by economic formalisation, improving market depth, expanding sectoral participation and increasing investor engagement,” Munot said. He added that investors are seeking diversified exposure to growth drivers via disciplined and transparent frameworks.
The listing is part of HDFC Mutual Fund’s ongoing efforts to expand its range of passive investment solutions and offer investors more avenues to participate in India’s capital markets.
About HDFC AMC
HDFC Asset Management Company Limited, incorporated in December 1999, is the investment manager to HDFC Mutual Fund and manages a diversified mix of equity and fixed income assets. The company is headquartered in Mumbai and operates a nationwide branch and distribution network.
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