HSBC Nifty Next 50 Index Fund Direct Growth

Equity
Large Cap
Very High Risk
17.64%
3Y annualised
-0.71% 1D
1M
6M
1Y
3Y
All
NAV: 04 Nov 2024₹30.30
Min. SIP amount₹500
Rating3
Fund size₹140.13Cr

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 returnsNA54.4%17.6%27.6%
Category averageNA34.0%13.5%NA
Rank with in categoryNA1014NA
Understand terms

Peer Comparison

Equity, Large Cap fundsRating1Y3YFund Size(Cr)
5
34.5%19.8%34,432.09
5
34.6%16.9%66,206.57
5
37.1%16.6%429.06
4
37.8%14.4%1,744.59
4
33.0%13.6%15,311.79

Holdings (50)

NameSectorInstrumentAssets
Metals & MiningEquity4.23%
Capital GoodsEquity4.09%
ServicesEquity4.03%
EnergyEquity3.97%
FinancialEquity3.45%
FinancialEquity3.37%
HealthcareEquity3.36%
EnergyEquity3.29%
FinancialEquity3.26%
AutomobileEquity3.25%
EnergyEquity3.16%
Capital GoodsEquity3.12%
ServicesEquity3.07%
AutomobileEquity2.87%
TechnologyEquity2.81%
ConstructionEquity2.79%
Consumer StaplesEquity2.55%
InsuranceEquity2.52%
ChemicalsEquity2.50%
Capital GoodsEquity2.48%
Consumer StaplesEquity2.28%
FinancialEquity2.25%
Capital GoodsEquity2.05%
ServicesEquity1.94%
Metals & MiningEquity1.92%
ConstructionEquity1.86%
FinancialEquity1.82%
Consumer StaplesEquity1.80%
Capital GoodsEquity1.75%
ConstructionEquity1.72%
AutomobileEquity1.59%
FinancialEquity1.55%
HealthcareEquity1.53%
InsuranceEquity1.47%
ServicesEquity1.36%
FinancialEquity1.31%
HealthcareEquity1.30%
ServicesEquity0.86%
Consumer StaplesEquity0.83%
Capital GoodsEquity0.78%
EnergyEquity0.65%
FinancialEquity0.52%
Capital GoodsEquity0.44%
EnergyEquity0.42%
ConstructionEquity0.39%
EnergyEquity0.34%
FinancialEquity0.32%
FinancialEquity0.27%
InsuranceEquity0.25%
EnergyEquity0.25%
See All

Expense ratio, exit load and tax

Expense ratio: 0.35%

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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