{
  "id": 15375896,
  "title": "HDFC Mutual Fund Lists FTSE India Equity ETF On NSE, Offers Exposure To Nearly 90% Of Indian Market Capitalisation",
  "url": "https://urgent.news/2026/10/18/hdfc-mutual-fund-lists-ftse-india-equity-etf-on-nse-offers-exposure",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-18T07:35:48.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/hdfc-mutual-fund-lists-ftse-india-equity-etf-on-nse-offers-exposure-to-nearly-90-of-indian-market-capitalisation"
  },
  "original_language": "en",
  "account": "Mumbai: HDFC Mutual Fund has introduced its HDFC FTSE India Equity ETF on the National Stock Exchange (NSE), granting investors a novel means to invest in a diverse array of Indian companies via a single investment vehicle. The listing ceremony, marked by a bell-ringing event on October 16, 2026, occurred at NSE's headquarters in Mumbai. The ETF encompasses a broad spectrum of the Indian market. As an open-ended scheme, the HDFC FTSE India Equity ETF mirrors the FTSE India Equity Index (TRI), which encompasses around 90 percent of the total market capitalization of the FTSE India All Cap Index, thereby granting investors access to a substantial portion of the Indian listed equity market.\n\nHDFC Mutual Fund has launched a sign language platform, named Bharosa, with the objective of making financial education more accessible. This new offering follows a rules-based investment strategy, enabling investors to benefit from India's long-term economic development through a well-diversified portfolio. At the listing ceremony, key officials from HDFC Asset Management Company, FTSE Russell, and NSE attended. They emphasized the increasing significance of India's capital markets and the rising demand for diversified investment products.\n\nNavneet Munot, Managing Director and CEO of HDFC Asset Management Company, highlighted the substantial changes in India's capital markets over the past decade, attributing growth to economic formalisation, wider sectoral participation, and heightened investor interest. Munot expressed that investors are now seeking transparent investment options that provide exposure to various sectors of the Indian economy. The ETF aims to cater to this demand through a disciplined investment approach. HDFC Mutual Fund's expansion into passive investment products through this listing seeks to deliver returns broadly in line with its benchmark before expenses, subject to tracking differences. However, the scheme is highly risky due to its equity investments. Investors are advised to meticulously review the scheme documents before making investment decisions.",
  "summary": "Mumbai: HDFC Mutual Fund has listed its HDFC FTSE India Equity ETF on the National Stock Exchange (NSE), offering investors a new way to invest in a wide range of Indian companies through a single investment product. The listing was marked by a bell-ringing ceremony at NSE in Mumbai on October 16, 2026. ETF Covers Broad Indian Market The HDFC FTSE India Equity ETF is an open-ended investment…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}