HDFC FTSE India Equity ETF · NSE:HFTSEINDIA
HDFC FTSE India Equity ETF — HDFC Technology Fund — Investor Presentation (April 2026)
24 slides from HDFC FTSE India Equity ETF's investor presentation, Apr 20, 2026
Slide 1: Embrace the Techvolution
1 Embrace the Techvolution Invest in the Potential of the Future HDFC Technology Fund (An open-ended equity scheme investing in Technology & Technology related companies) Refer product labelling & riskometer on page 22 Refer disclaimer on page 23
Slide 2: Key Discussion Points Today
Key Discussion Points Today Artificial Intelligence H-1B Visa Restrictions Headwind or Tailwind Impact on Operating Model? for Indian IT? Current Slowdown India Internet Services Structural or Cyclical? Is there still room for further penetration? 02 02/24 For disclaimer refer slide 23
Slide 3: Artificial Intelligence – Headwind or Tailwind for Indian IT?
1 Artificial Intelligence – Headwind or Tailwind for Indian IT? 02 03/24
Slide 4: Increase in Global Technology Spends has been a Secular Trend
Increase in Global Technology Spends has been a Secular Trend Global IT Services Spends have increased irrespective of various technological changes AI, Data and Cloud 7,000 6,000 Cloud / Digital, Automation Growth 5,000 Drivers Remote Infrastructure management Services, BPO# 4,000 Offshoring, Appli
Slide 5: Indian IT Services Firms adapt to New Technologies
Indian IT Services Firms adapt to New Technologies Historically, Indian IT Services Companies have adapted well to new tech/business models through partnerships and employee reskilling Partnerships of Indian IT Services Companies with AI Native Platforms Digital as % of Revenues (Indian IT Companies
Slide 6: Tech Talent remains scarce in the US
Tech Talent remains scarce in the US Tech unemployment rate in the US has remains lower than Indians account for ~71% of H1B visas (skilled immigrant visa) the overall unemployment rate An indicator of high demand granted by the US US Unemployment Rate (%) US H1B Visas Granted (2024) 16% 14% 12% 17.
Slide 7: H-1B Visa Restrictions – Impact on Operating Model?
H-1B Visa Restrictions – Impact on Operating Model? Since 2017, Indian IT companies have increased Indian Workforce is highly skilled local hiring in the US, including campus hiring. Today, 60%+ of US employees are locals vs 1/3rd in 2016! One of the top in terms of 2nd largest in terms of *AI/ML 3r
Slide 8: Current Slowdown – Structural or Cyclical?
Current Slowdown – Structural or Cyclical? Indian IT Business Process Management (BPM) Exports has seen multiple upcycles and downcycles 14% 13.8% 12.7% Since FY24: Growth in IT Sector witnessed exports has remained 12% high growth in subdued due to exports between CAGR Revenue Growth (%) normalizat
Slide 9: Digitalization in India – Long Runway for Growth
Digitalization in India – Long Runway for Growth India’s Internet Penetration has a A large section of people with E-commerce is now >20% of long way to go access to internet are still Total Retail Sales in US and China untapped by online businesses E-commerce Penetration in Total Retail Sales 80% 7
Slide 10: Below-Average Valuations and Superior Dividend Yield
Below-Average Valuations and Superior Dividend Yield Valuations-BSE TECk Index vs Long- Premium / Discount of BSETECk Index Dividend Yield-BSE TECk Index vs Term Averages to BSE 500 BSE 500 Index 40 3.0 80% 35 60% 2.5 30 40% 2.0 20% 25 1.5 0% 20 1.0 -20% 15 0.5 -40% 10 -60% 0.0 Mar-26 Mar-24 Mar-20
Slide 11: Why invest in HDFC Technology Fund?
Why invest in HDFC Technology Fund? Increasing tech intensity is a secular trend, across markets and industries Indian IT – Consistent market share gainer Has gained scale / evolved across tech cycles Talent is India’s biggest moat in tech world Digitalization in India has long runway for potential
Slide 12: About HDFC Technology Fund
1 About HDFC Technology Fund 02 12/24
Slide 13: Investment strategy
Investment strategy Aim to invest core of the portfolio (> 80%) in stocks in technology & technology related Core Portfolio companies within the basic industries like IT services, software, consulting, and outsourcing companies etc IT products and hardware including computers, electronic components
Slide 14: Current Portfolio
Current Portfolio Top 10 Constituents Key Portfolio Characteristics Company % to Net Assets Number of Stocks 28 Infosys Limited 15.14% Top 5 Equity and Equity-related holdings (%)* 55.80% Bharti Airtel Ltd. 15.05% Total Equity and Equity-related Holdings (%)* 99.16% Tata Consultancy Services Ltd. 11
Slide 15: FY Performance – BSE TECk Index and BSE 500 Index
FY Performance – BSE TECk Index and BSE 500 Index Financial Out/Underperformance vs BSE TECk Index (TRI) BSE 500 Index (TRI) Year BSE 500 Index FY2008 -14% 25% -39% FY2009 -38% -42% 4% FY2010 79% 99% -19% FY2011 19% 9% 11% FY2012 -7% -8% 1% FY2013 11% 7% 5% BSE TECk Index has FY2014 27% 19% 8% FY201
Slide 16: Returns – HDFC Technology Fund
Returns – HDFC Technology Fund Scheme Name Last 1 year* Since inception* HDFC Technology Fund -17.49% 2.17% Benchmark BSE TECk Index (TRI) -13.43% 2.17% Performance against the Benchmark -4.06% -- *Source: MFI Explorer, Bloomberg. Returns as on March 31, 2026. Inception Date of HDFC Technology Fund:
Slide 17: Risks and Mitigants
Risks and Mitigants Risks Mitigants Dependence on global economic Value proposition of tech is evolving from costs / efficiency to revenue growth / macro variables generation, making tech spends more sticky across economic cycles Sharp currency moves impact near-term profitability. In the long term,
Slide 18: Know your Fund Manager
Know your Fund Manager 1 Balakumar B Fund Manager and Senior Equity Analyst Balakumar has over 14 years of experience in equity research, consulting, application development He joined HDFC Asset Management Company Ltd in September 2021. Prior to that, has worked with Sanford C. Bernstein (India) Pri
Slide 19: Fund Facts
Fund Facts 1 Particulars HDFC Technology Fund Type of Scheme An open-ended equity scheme investing in Technology & Technology related companies To provide long-term capital appreciation by investing predominantly in equity and equity related securities of Technology & Investment Objective Technology
Slide 20: Asset Allocation
Asset Allocation 1 Under normal circumstances, the asset allocation (% of Net Assets) of the Scheme's portfolio will be as follows: Minimum Allocation Maximum Allocation Type of Instruments (% of Net Assets) (% of Net Assets) Equity and Equity related instruments of Technology & Technology related c
Slide 21: Scheme Performance
Scheme Performance 1 Performance^ - Regular Plan - Growth Option NAV as at March 31, 2026 ₹10.566 (per unit) Value of investment of (₹) 10,000 Scheme Benchmark Additional Benchmark Period Returns (%) Returns (%)# Returns (%)## Scheme (`) Benchmark (`)# Additional Benchmark (`)## Last 1 Year -17.49 -
Slide 22: Product Labelling and Riskometer
Product Labelling and Riskometer 1 HDFC Technology Fund (An open-ended equity Riskometer# Name of the Benchmark scheme investing in Technology & technology related and Riskometer# companies) is suitable for investors who are seeking*: BSE Teck Index (TRI) • To generate long-term capital appreciation
Slide 23: Disclaimer
Disclaimer 1 The presentation dated April 20, 2026 has been prepared by HDFC Asset Management Company Limited (HDFC AMC) based on internal data, publicly available information and other sources believed to be reliable. Any calculations made are approximations, meant as guidelines only, which you mus
Slide 24: Thank you!
Thank you!
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