HDFC Nifty Metal ETF NAV Rises 1.72% – Investment Update
By Business Desk
HDFC Nifty Metal ETF-Growth fund’s NAV surged 1.72% to 132.4958 on August 5, 2026. Managed by Arun Agarwal & Abhishek Mor, it tracks the NIFTY Metal Total Return Index.
The HDFC Nifty Metal ETF-Growth fund recorded a notable upward movement, with its Net Asset Value (NAV) climbing 1.72% to reach 132.4958 as of August 5, 2026. This performance highlights the fund’s recent trajectory within the Indian metal sector.
Key Fund Metrics
- NAV as of August 5, 2026: 132.4958
- Percentage Increase: 1.72%
- Minimum Initial Investment: ₹500
Launched on July 27, 2026, the HDFC Nifty Metal ETF-Growth operates as an open-ended fund, classified under the Equity: Sectoral-Other category. It allows investors to gain exposure to the metal sector without incurring any entry or exit loads, aligning with its open-ended structure.
Expert Fund Management
The fund benefits from the oversight of two seasoned professionals at HDFC Asset Management Company Limited. Arun Agarwal, a B.Com and Chartered Accountant, has been with the company since July 2026 and currently manages 43 distinct schemes. Similarly, Abhishek Mor, holding B.Com, Chartered Accountant, and CFA (Level-I) qualifications, joined HDFC Mutual Fund in July 2026 and is responsible for managing 15 schemes.
Investment Framework
Performance for the HDFC Nifty Metal ETF-Growth fund is rigorously benchmarked against the NIFTY Metal Total Return Index. This provides a transparent and precise comparative measure for evaluating its returns within its specialized market segment.