$HDFCAMC Bets on India’s Auto Growth Story

$HDFCAMC has launched the HDFC Nifty Auto Index Fund, a new passive fund that tracks the Nifty Auto Index and offers investors exposure to India's automobile sector through a single investment vehicle. The NFO is open from June 22 to July 3, 2026, and is designed to benefit from long-term themes such as rising vehicle ownership, EV adoption, premiumisation, exports, and the government's Make in India push. The launch reflects growing confidence in the auto sector's structural growth potential and provides investors a low-cost way to participate in India's evolving mobility story.