Less expense ratio implies better returns over the long term

Expense Ratio

ETF has been able to closely match its benchmark's returns

Tracking Error

ETF has not been able to generate better price return than bank FD

Return vs FD Rates

Entry Point

White-collar hiring activity grew by 6% in September YoY, driven primarily by a resurgent IT sector with an 18% increase. Noteworthy growth was seen in non-traditional IT hubs like Jaipur and Kolkata. Sectors such as FMCG and oil and gas also saw strong hiring increases, particularly in Mumbai and Ahmedabad, respectively.

Job market clocks 6% growth in Sep, buoyed by recovery in IT hiring: Report

White-collar hiring activity witnessed a 6 per cent growth in September compared to the same month last year, mainly driven by a recovering IT sector, a report said on Thursday.

Recovering IT sector leads job market to clock 6% growth in Sep: Report

IT shares: HSBC downgraded Persistent Systems to ‘Hold’. HSBC said it acknowledges Persistent Systems’ strong engineering capabilities, but the growth differential with other companies will decline next year.

Infosys, Wipro, KPIT Tech, TCS, HCL Tech: IT stocks headed for 2014-2018 like consolidation?

With rate cut cycle kicking off lately, brokerage firms expect a turnaround in the IT industry in CY25, with some expecting the Q2FY25 as another quarter on the path to recovery.

TCS, Infosys, HCL Tech, Coforge, KPIT Tech & LTIM: Brokerage views on IT stocks ahead of Q2 earnings

Despite the absence of mega deals recently, some improvements in decision cycles and discretionary can support growth even as the fabric of cost optimisation remains, says the brokerage.

IT Sector Q2 Results Preview - Recovery In Progress: HDFC Securities

The Nifty IT index was trading 0.79 per cent down at 42097.85.

Stock market update: Nifty IT index falls 0.79% in a weak market

Varun Saboo, Head, Equities at Anand Rathi, highlights a bull run in real estate driven by low inventory and high demand for large complexes. He projects continued strength in the sector. Saboo also points to infrastructure, especially L&T, as gaining from anticipated private capex. IT sector, though with potential, sees selective stock performance.

Sharp bull run in real estate; private capex to pick up in infra: Varun Saboo

Coforge is placed near its all-time high and has been outperforming the IT sector

Stocks to Buy: Vinay Rajani of HDFC Sec picks these two shares for Oct 3

Analysts predict a potential resumption of discretionary programs by late FY25, driven by improving macroeconomic conditions and GenAI investments.

In balm to IT industry, discretionary spend seen coming back, led by investments in AI

India’s IT companies have found a resilient growth engine in healthcare. This contrasts with the sluggish performance of financial services, retail, and hi-tech, which have faced headwinds for nearly two years.

Away from spotlight, healthcare throws big lifeline to IT sector

​On top of it, if you look at the last three-four quarters, there is a weak job hiring when it comes to IT sector and weak salary growth. And adding to that, if you look at last three-four quarters, banks and NBFCs have been cautious when it comes to retail lending.

High valuations flash warning signs amid uncertain market outlook: Vijayaraghavan Swaminathan

HDFC Nifty IT ETF objective is to provide investment returns that, before expenses, correspond to the total returns of the Securities as represented by the NIFTY IT Index, subject to tracking errors

HDFC Nifty IT ETF

Average daily traded value of the ETF  is medium

HDFC Nifty IT ETF

HDFC Nifty IT ETF

Return vs FD Rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If the ETFs price return is lower than this rate, investors are better off investing the amount in a FD

Entry Point
High demand for an ETF increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the ETF

News & Opinions

Job market clocks 6% growth in Sep, buoyed by recovery in IT hiring: Report

Recovering IT sector leads job market to clock 6% growth in Sep: Report

Infosys, Wipro, KPIT Tech, TCS, HCL Tech: IT stocks headed for 2014-2018 like consolidation?

TCS, Infosys, HCL Tech, Coforge, KPIT Tech & LTIM: Brokerage views on IT stocks ahead of Q2 earnings

IT Sector Q2 Results Preview - Recovery In Progress: HDFC Securities

Stock market update: Nifty IT index falls 0.79% in a weak market

Sharp bull run in real estate; private capex to pick up in infra: Varun Saboo

Stocks to Buy: Vinay Rajani of HDFC Sec picks these two shares for Oct 3

In balm to IT industry, discretionary spend seen coming back, led by investments in AI

Away from spotlight, healthcare throws big lifeline to IT sector

HDFC Nifty IT ETF

Return vs FD RatesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If the ETFs price return is lower than this rate, investors are better off investing the amount in a FD

Entry PointHigh demand for an ETF increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the ETF

News & Opinions

Job market clocks 6% growth in Sep, buoyed by recovery in IT hiring: Report

Recovering IT sector leads job market to clock 6% growth in Sep: Report

Infosys, Wipro, KPIT Tech, TCS, HCL Tech: IT stocks headed for 2014-2018 like consolidation?

TCS, Infosys, HCL Tech, Coforge, KPIT Tech & LTIM: Brokerage views on IT stocks ahead of Q2 earnings

IT Sector Q2 Results Preview - Recovery In Progress: HDFC Securities

Stock market update: Nifty IT index falls 0.79% in a weak market

Sharp bull run in real estate; private capex to pick up in infra: Varun Saboo

Stocks to Buy: Vinay Rajani of HDFC Sec picks these two shares for Oct 3

In balm to IT industry, discretionary spend seen coming back, led by investments in AI

Away from spotlight, healthcare throws big lifeline to IT sector

Return vs FD Rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If the ETFs price return is lower than this rate, investors are better off investing the amount in a FD

Entry Point
High demand for an ETF increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the ETF