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HSBC Nifty Next 50 Index Fund Direct - Growth
NAV as of(Aug 11, 2023)
₹ 19.46 -0.23 % 1-D Change
Returns 
21.48% p.a.
You get upto 0.45%extra returns
- Monthly SIP
Monthly SIP is not available for this fund - Lumpsum Lumpsum is not available for this fund
₹
Minimum SIP amount is ₹
₹
Minimum Lumpsum amount is ₹
This fund vs
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Scheme Details
| VRO Rating | |
| Expense ratio | 0.35% As on May 31, 2023 |
| Exit Load | 1.0% |
| AUM (Fund Size) | ₹ 71 Crs |
| Lock-in | No Lockin |
| Age | 3 yrs 4 m Since Mar 24, 2020 |
| Benchmark | NIFTY Next 50 TRI |
| Min. Investment | SIP ₹500 & Lumpsum ₹5000 |
About HSBC Nifty Next 50 Index Fund
HSBC Nifty Next 50 Index Fund Direct - Growth is a Large Cap Index mutual fund scheme from Hsbc Mutual Fund. This fund has been in existence for 3 yrs 4 m, having been launched on 24/03/2020. HSBC Nifty Next 50 Index Fund Direct - Growth has ₹71 Crores worth of assets under management (AUM) as on 30/06/2023 and is medium-sized fund of its category. The fund has an expense ratio of 0.35%, which is close to what most other Large Cap Index funds charge.
.....- HSBC Nifty Next 50 Index Fund Direct - Growth returns of last 1-year are 5.89%. Since launch, it has delivered 22.20% average annual returns.
- HSBC Nifty Next 50 Index Fund Direct - Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is low.
- The fund has the majority of its money invested in Capital Goods, Consumer Staples, Financial, Services, Energy sectors. It has taken less exposure in Capital Goods, Consumer Staples sectors compared to other funds in the category.
- The fund's top 5 holdings are in Bharat Electronics Ltd., Cholamandalam Investment and Finance Company Ltd., Pidilite Industries Ltd., Godrej Consumer Products Ltd., Bank Of Baroda.
Investment Returns Calculator
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Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.
Latest Asset & Portfolio Allocation
as on May 31, 2023Top Stock Holdings
Allocation by Market Cap
Large Cap 87.06%
Mid Cap 12.96%
Small Cap 0%
Other Cap 0%
Allocation by Sector
Capital Goods 15.44%
Consumer Staples 14.67%
Financial 14.3%
Services 10.73%
Top Debt Holdings
Bifurcation by Holding is not available for this fund
Allocation by Credit Quality
Bifurcation by Credit Quality is not available for this fund
Allocation by Instruments
Repo 0.28%
Other Holdings
Others 0.28%
Want to know in detail about the portfolio of this fund?
Comparison with large cap index Funds
as on Aug 14, 2023| Fund name | Annual Return % | ||
|---|---|---|---|
| DSP Nifty 50 Equal Weight Index Fund | 26.79% | ||
| Sundaram Nifty 100 Equal Weight Fund | 22.32% | ||
| Bandhan Nifty 50 Index Fund | 21.45% | ||
| UTI Nifty 50 Index Fund | 21.41% | ||
| HDFC Index Fund Nifty 50 Plan | 21.36% | ||
| ICICI Prudential Nifty 50 Index Fund | 21.34% | ||
| HSBC Nifty Next 50 Index Fund | 18.04% |
Trailing Returns and Ranks
as on Jul 03, 2023| Period | Trailing returns | Category average |
|---|---|---|
| 1 month | 0.79% | 0.21% |
| 3 months | 8.86% | 7.66% |
| 6 months | 17.06% | 12.65% |
| 1 year | 3.96% | 9.21% |
| 3 years | 18.04% | 20.82% |
Want to know in detail about the returns of this fund?
Riskometer
Level of Risk in the Scheme
Investors understand that their principal will be at Very High risk
HSBC Nifty Next 50 Index Fund
EQUITY LARGE CAP INDEX
The scheme seeks to invest in stocks comprising the Nifty Next 50 index in the same proportion as in the index with the objective of achieving returns equivalent to the Total Returns Index of Nifty Next 50 index by minimizing the performance difference between the benchmark index and the scheme.
- Std. Dev : 16.54
- Alpha : -3.92
- Beta : 1.05
- Sharpe : 0.9
- Sortino : 1.43
Praveen Ayathan
Mr. Praveen is a B.Sc (Mathematics).
Prior to joining HSBC Mutual Fund, he has worked with L&T MF, Kotak Mahindra AMC and Dalal & Broacha Stock Broking Pvt. Ltd.
HSBC Mutual Fund
TOTAL AUM:
₹88,055 Crs
As on Jun 30, 2023
- Address: 9-11th Floor,
NESCO - IT Park Bldg. 3,
Western Express Highway, Goregaon East,
Mumbai, 400063
Frequently Asked questions
How fund report card works
Identifying a top performing fund that consistently creates wealth can be a challenging task due to the dynamic nature of the market. Top funds often change frequently, sometimes even on a daily basis.
However, with ET Money's fund report card, it is now possible to find a fund that consistently ranks at the top and generates wealth over a long period of time. This valuable resource makes it easier to navigate the complex and constantly changing world of financial markets.
At ET Money, we have developed a smart ranking system for funds based on their consistency. We believe that consistently performing at the top of a category is more important than just occasionally ranking highly. To evaluate the consistency of a fund, we have identified two key parameters: "consistency of returns" and "protection from volatility." We assess these parameters by analyzing the strong performance and low volatility of a fund over a prolonged period of time. To arrive at a rating for these parameters, we carefully consider the track record of a fund in terms of both performance and volatility.
In our ranking methodology, we prioritize funds that consistently perform well over those that fluctuate in their performance. To ensure stability in our rankings, we analyzed data for a minimum of five years, rather than just a year or two. We also placed a greater emphasis on recent performance, as it tends to have a greater impact on momentum. This allows us to capture the full potential of recent momentum in our rankings.
How are the returns of HSBC Nifty Next 50 Index Fund ?
The HSBC Nifty Next 50 Index Fund is a 3 yrs 4 m old fund and has delivered average annual returns of 21.48% since inception.
HSBC Nifty Next 50 Index Fund Returns
| 1-Year | 3-Year | Since Inception |
|---|---|---|
| 3.96% | 18.04% | 21.48% |
What is the current NAV of HSBC Nifty Next 50 Index Fund?
NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.
The NAV of HSBC Nifty Next 50 Index Fund for Aug 11, 2023 is 19.46.
How do I invest in HSBC Nifty Next 50 Index Fund?
On ET Money, Investing in HSBC Nifty Next 50 Index Fund is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -
- Click on the Invest Now Button present on the top right-hand side.
- Enter your email id, select whether you want to do a one-time investment or start a SIP and add the amount
- Provide few more details needed including the bank account from which you will be making the payment and confirm.
- That's it. Your SIP or one-time investment in HSBC Nifty Next 50 Index Fund is done.
How much does HSBC Nifty Next 50 Index Fund charge as expense ratio?
The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.
The Expense Ratio of the direct plan of HSBC Nifty Next 50 Index Fund is 0.35%. .
How can I redeem my investments in HSBC Nifty Next 50 Index Fund?
Redeeming your investments in HSBC Nifty Next 50 Index Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.
If you have invested in HSBC Nifty Next 50 Index Fund from anywhere else, you can go to the fund house website and put a request through it.
What is the AUM or size of HSBC Nifty Next 50 Index Fund?
AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.
The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.
The AUM of HSBC Nifty Next 50 Index Fund is ₹71 Crs.
What are the top stock holdings of HSBC Nifty Next 50 Index Fund?
The HSBC Nifty Next 50 Index Fund has invested the majority of its money in the stocks of the following companies -
| Company | Percentage of Portfolio |
|---|---|
| Bharat Electronics Ltd. | 3.74% |
| Cholamandalam Investment and Finance Company Ltd. | 3.56% |
| Pidilite Industries Ltd. | 3.18% |
| Godrej Consumer Products Ltd. | 3.13% |
| Bank Of Baroda | 3% |
| Hindustan Aeronautics Ltd. | 2.96% |
| Info Edge (India) Ltd. | 2.84% |
| Siemens Ltd. | 2.83% |
| ICICI Lombard General Insurance Comapny Limited | 2.82% |
| Indian Oil Corpn. Ltd. | 2.75% |
What are the top sectors HSBC Nifty Next 50 Index Fund has invested in?
The HSBC Nifty Next 50 Index Fund has primarily invested in the following sectors
| Sector | Percentage of Portfolio |
|---|---|
| Capital Goods | 15.44% |
| Consumer Staples | 14.67% |
| Financial | 14.3% |
| Services | 10.73% |
| Energy | 9.51% |
| Materials | 7.85% |
| Chemicals | 5.5% |
| Insurance | 5.04% |
| Metals & Mining | 4.58% |
| Automobile | 3.15% |