HSBC Nifty Next 50 Index Fund - Regular IDCW
Category: Index Fund
Launch Date: 16-04-2020
AUM:
₹ 167.2 Cr
Expense Ratio
0.77%
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 | 8.06 | 17.21 | 12.91 |
| Nifty Next 50 TRI | 9.15 | 18.5 | 14.14 |
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
30.9642
Last change
0.35 (1.1407%)
Fund Size (AUM)
₹ 167.2 Cr
Performance
19.37% (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 | 4.01 |
| DIVIS LABORATORIES LIMITED EQ NEW RS. 2/- | 3.38 |
| Hindustan Aeronautics Ltd | 3.25 |
| CUMMINS INDIA LIMITED EQ FV RS.2 | 3.17 |
| TML Commercial Vehicles Ltd. | 3.16 |
| TVS MOTOR COMPANY LIMITED EQ FV RE.1/- | 3.1399999999999997 |
| Varun Beverages Ltd | 2.88 |
| THE TATA POWER COMPANY LIMITED EQ NEW FV Re.1/- | 2.81 |
| CHOLAMANDALAM INVESTMENT AND FIN. CO. LTD EQ NEW FV RS. 2/- | 2.62 |
| SAMVARDHANA MOTHERSON INTERNATIONAL LIMITED EQ FV RS. 1/- | 2.5700000000000003 |
Sector Allocation
| Sector | Holdings (%) |
|---|---|
| Financial Services | 19.98 |
| Capital Goods | 13.9 |
| Power | 12.28 |
| Automobile and Auto Components | 11.22 |
| Fast Moving Consumer Goods | 8.46 |
| Metals & Mining | 6.66 |
| Healthcare | 6.29 |
| Oil, Gas & Consumable Fuels | 6.27 |
| Consumer Services | 4.67 |
| Chemicals | 3.6 |