HDFC NIFTY next 50 Index Fund
The scheme seeks to generate returns that are commensurate (before fees and expenses) with the performance of the NIFTY Next 50 Index TRI (underlying Index), subject to tracking errors.
Growthvine rating: 5/5 — ranked #12 of 245 in category.
Fund basics
| Category | Equity: Index |
|---|
| NAV | ₹15.27 (as of 2026-10-23) |
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| AUM | ₹2,620 Cr |
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| Expense ratio | 0.56% |
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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
| Sharpe ratio | 0.54 |
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| Standard deviation | 20.44% |
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| Max drawdown | −26.78% |
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| Alpha | 6.24 |
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| Beta | 1.27 |
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Market cap allocation
| Large cap | 95.3% |
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| Mid cap | 4.7% |
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| Small cap | 0.0% |
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Concentration
| Top 5 holdings | 19.5% |
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| Top 10 holdings | 33.8% |
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| Total holdings | 50 |
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Top holdings
- Divis Laboratories Ltd. — 4.8%
- TVS Motor Company Ltd. — 4.0%
- Hindustan Aeronautics Limited — 3.6%
- Tata Motors Limited — 3.6%
- Adani Power Limited — 3.5%
- Samvardhana Motherson International Limited — 3.0%
- Torrent Pharmaceuticals Ltd. — 2.9%
- Cholamandalam Investment and Finance Company Ltd — 2.9%
- Vedanta Aluminium Metal Limited — 2.9%
- Cummins India Ltd. — 2.6%
Top sectors
- Automobile — 9.8%
- Energy — 9.5%
- Finance & Investments — 9.4%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −4.9% | — | — |
| 2025 | 2.1% | — | — |
| 2024 | 26.9% | — | — |
| 2023 | 26.1% | — | — |
| 2022 | −0.3% | — | — |