HSBC Nifty Next 50 Index Fund Direct Growth

Other
Index
Very High Risk
18.83%
3Y annualised
-0.42% 1D
1M
6M
1Y
3Y
All
NAV: 29 Sep 2023₹19.66
Min. SIP amount₹1,000
Rating1
Fund size₹70.96Cr

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 returnsNA6.4%18.8%21.6%
Category averageNA15.3%21.5%NA
Rank with in categoryNA8556NA
Understand terms

Holdings (50)

NameSectorInstrumentAssets
Capital GoodsEquity3.9%
FinancialEquity3.6%
ChemicalsEquity3.1%
Consumer StaplesEquity3.1%
Capital GoodsEquity3.0%
EnergyEquity2.9%
Capital GoodsEquity2.8%
FinancialEquity2.8%
Capital GoodsEquity2.8%
DiversifiedEquity2.8%
See All

Pros and cons

Category: Other Index

Pros

Cons

Lower expense ratio: 0.35%
Consistently lower annualised returns than category average for the past 1Y and 3Y
Low rating: 1
Lower alpha: -2.95 The fund has generated returns lower than benchmark - NIFTY Next 50 Total Return Index - in the last 3Y

Expense ratio, exit load and tax

Expense ratio: 0.35%

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₹1,000

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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