HSBC Nifty 50 Index Fund Direct Growth

Other
Index
Very High Risk
17.38%
3Y annualised
-1.03% 1D
1M
6M
1Y
3Y
All
NAV: 12 Apr 2024₹26.00
Min. SIP amount₹500
Rating3
Fund size₹244.97Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Other Index
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA27.7%17.4%27.0%
Category averageNA40.2%19.4%NA
Rank with in categoryNA6840NA
Understand terms

Holdings (50)

NameSectorInstrumentAssets
FinancialEquity10.96%
EnergyEquity10.27%
FinancialEquity7.67%
TechnologyEquity6.21%
TechnologyEquity4.31%
ConstructionEquity4.27%
Consumer StaplesEquity3.74%
FinancialEquity3.10%
FinancialEquity2.98%
CommunicationEquity2.95%
See All

Pros and cons

Category: Other Index

Pros

Cons

Lower expense ratio: 0.2%
Lower alpha: -1.31 The fund has generated returns lower than benchmark - NIFTY 50 Total Return Index - in the last 3Y
Consistently lower annualised returns than category average for the past 1Y and 3Y

Expense ratio, exit load and tax

Expense ratio: 0.20%

Inclusive of GST

Exit load

For units in excess of 10% of the investment,1% will be charged for redemption within one month.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund management

Praveen Ayathan
Mar 2020 - Present
View details

Education
Mr. Praveen is a B.Sc (Mathematics).
Experience
Prior to joining HSBC Mutual Fund, he has worked with L&T MF, Kotak Mahindra AMC and Dalal & Broacha Stock Broking Pvt. Ltd.

Rajeesh Nair
Oct 2023 - Present
View details

Fund house & investment objective

Fund house contact details

Address
9-11th Floor,NESCO - IT Park Bldg. 3,Western Express Highway, Goregaon East, Mumbai 400063
Phone
NA
Launch Date
27 May 2002
HSBC Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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