HSBC Nifty 50 Index Fund Direct Growth

Equity
Large Cap
Very High Risk
14.14%
3Y annualised
+0.14% 1D
1M
6M
1Y
3Y
All
NAV: 18 Sep 2024₹29.51
Min. SIP amount₹500
Rating3
Fund size₹293.58Cr

Return calculator

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

Returns and rankings

Category: Equity Large Cap
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA26.8%14.1%27.7%
Category averageNA37.9%16.3%NA
Rank with in categoryNA7145NA
Understand terms

Holdings (50)

NameSectorInstrumentAssets
FinancialEquity11.57%
EnergyEquity9.72%
FinancialEquity7.91%
TechnologyEquity5.04%
ConstructionEquity4.36%
Consumer StaplesEquity3.80%
TechnologyEquity3.74%
CommunicationEquity3.59%
FinancialEquity3.31%
FinancialEquity3.20%
See All

Pros and cons

Category: Equity Large Cap

Pros

Lower expense ratio: 0.2%

Cons

Lower alpha: -1.47 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

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

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

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

Education
Mr. Nair has done B.Com and CA
Experience
Prior to joining HSBC Mutual Fund, he has worked with L&T Investment Management Ltd and IDFC Mutual FundIDFC Mutual Fund
Also manages these schemes

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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