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HSBC NIFTY NEXT 50 INDEX FUND - Regular IDCW

Category: Index Fund Launch Date: 16-04-2020
AUM:

₹ 147.53 Cr

Expense Ratio

0.71%

Benchmark

NIFTY Next 50 TRI

ISIN

INF917K01D87

Minimum Investment

5000.0

Minimum Topup

1000.0

Minimum SIP Amount

500

Fund Manager

Praveen Ayathan, Rajeesh Nair

Fund Performance 1Y (%) 3Y (%) 5Y (%)
HSBC NIFTY NEXT 50 INDEX FUND - Regular IDCW 4.39 17.88 12.22
Nifty Next 50 TRI 5.75 19.14 13.42
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%

Overview

NAV
29.8746
Last change
0.08 (0.2571%)
Fund Size (AUM)
₹ 147.53 Cr
Performance
19.17% (Inception)

Asset Allocation

Equity

Debt

Others

Nav Movement

Investment Objective

The scheme has adopted a passive investment strategy. The scheme invests in stocks comprising the Nifty 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. The Total Returns Index is an index that reflects the returns on the index from index gain/ loss plus dividend payments by the constituent stocks.

Fund Manager
Praveen Ayathan, Rajeesh Nair
Riskometer
Very High

Top 10 Holdings

Company Holdings (%)
Adani Power Limited 3.73
Tata Motors Limited 3.49
DIVIS LABORATORIES LIMITED EQ NEW RS. 2/- 3.36
Hindustan Aeronautics Ltd 3.35
TVS MOTOR COMPANY LIMITED EQ FV RE.1/- 3.34
THE TATA POWER COMPANY LIMITED EQ NEW FV Re.1/- 3.03
CUMMINS INDIA LIMITED EQ FV RS.2 2.89
Varun Beverages Ltd 2.86
AVENUE SUPERMARTS LIMITED EQ 2.75
BRITANNIA INDUSTRIES LIMITED EQ NEW FV RS 1 2.74

Sector Allocation

Sector Holdings (%)
Financial Services 20.84
Capital Goods 16.93
Power 11.82
Fast Moving Consumer Goods 8.94
Automobile and Auto Components 7.84
Oil, Gas & Consumable Fuels 6.43
Metals & Mining 6.27
Healthcare 6.05
Consumer Services 5.02
Chemicals 3.27

Peer Comparison

Scheme Name 5Y (%)
HSBC NIFTY NEXT 50 INDEX FUND Reg IDCW 12.22