HDFC BSE 500 Index Fund
The scheme seeks to generate returns that are commensurate (before fees and expenses) with the performance of the S&P BSE 500 Index, subject to tracking error.
Growthvine rating: 3/5 — ranked #69 of 244 in category.
Fund basics
| Category | Equity: Index |
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| NAV | ₹15.62 (as of 2026-08-21) |
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| AUM | ₹323 Cr |
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| Expense ratio | 0.65% |
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| Riskometer | Very High |
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| Fund manager | Nandita Menezes |
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| Exit load | 0 |
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Performance & risk
| Sharpe ratio | 0.37 |
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| Standard deviation | 15.16% |
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| Max drawdown | -19.00% |
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| Alpha | -1.09 |
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| Beta | 1 |
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Market cap allocation
| Large cap | 68.3% |
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| Mid cap | 20.8% |
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| Small cap | 10.8% |
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Concentration
| Top 5 holdings | 20.8% |
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| Top 10 holdings | 29.7% |
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| Total holdings | 501 |
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Top holdings
- HDFC Bank Ltd. — 5.8%
- ICICI Bank Ltd. — 5.2%
- Reliance Industries Ltd — 4.5%
- Bharti Airtel Ltd. — 3.0%
- Larsen & Toubro Limited — 2.3%
- State Bank Of India — 2.2%
- Infosys Ltd — 2.0%
- AXIS Bank Ltd. — 1.8%
- Bajaj Finance Limited — 1.5%
- Mahindra & Mahindra Ltd. — 1.5%
Top sectors
- Banking & Financial — 21.6%
- Automobile — 7.6%
- Finance & Investments — 6.9%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | -1.5% | — | — |
| 2025 | 6.6% | — | — |
| 2024 | 14.3% | — | — |