HDFC NIFTY 50 Equal weight Index Fund
The scheme seeks to generate returns that are commensurate (before fees and expenses) with the performance of the NIFTY50 Equal Weight Index TRI (Underlying Index), subject to tracking error.
Growthvine rating: 4/5 — ranked #30 of 245 in category.
Fund basics
| Category | Equity: Index |
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| NAV | ₹16.90 (as of 2026-10-22) |
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| AUM | ₹1,705 Cr |
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| Expense ratio | 0.74% |
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| Riskometer | Very High |
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| Fund manager | Arun Agarwal |
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| Exit load | 0 |
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Performance & risk
| 5-year annualised return | 9.34% |
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| Sharpe ratio | 0.31 |
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| Standard deviation | 15.05% |
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| Max drawdown | −18.19% |
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| Alpha | 2.58 |
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| Beta | 0.99 |
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Market cap allocation
| Large cap | 96.0% |
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| Mid cap | 4.0% |
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| Small cap | 0.0% |
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Concentration
| Top 5 holdings | 10.6% |
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| Top 10 holdings | 20.8% |
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| Total holdings | 50 |
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Top holdings
- HCL Technologies Ltd — 2.3%
- Kotak Mahindra Bank Ltd. — 2.1%
- InterGlobe Aviation Limited — 2.1%
- Adani Ports and Special Economic Zone Ltd — 2.1%
- Dr. Reddys Laboratories Ltd. — 2.0%
- AXIS Bank Ltd. — 2.0%
- Tata Consultancy Services Ltd. — 2.0%
- Tech Mahindra Limited — 2.0%
- Coal India Limited — 2.0%
- ICICI Bank Ltd. — 2.0%
Top sectors
- Banking & Financial — 12.0%
- Automobile — 9.7%
- Software & Services — 8.4%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −8.2% | — | — |
| 2025 | 13.7% | — | — |
| 2024 | 9.9% | — | — |
| 2023 | 29.6% | — | — |
| 2022 | 6.8% | — | — |