HSBC Nifty 50 Index Fund
The scheme seeks to invest 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 50 index by minimizing the performance difference between the benchmark index and the scheme.
Growthvine rating: 3/5 — ranked #104 of 245 in category.
Fund basics
| Category | Equity: Index |
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| NAV | ₹26.07 (as of 2026-10-01) |
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| AUM | ₹396 Cr |
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| Expense ratio | 0.30% |
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| Riskometer | Very High |
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| Fund manager | Praveen Ayathan |
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| Exit load | For units in excess of 10% of the investment, 1% will be charged for redemption within 30 days |
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Performance & risk
| Sharpe ratio | 0.25 |
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| Standard deviation | 13.55% |
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| Max drawdown | −15.60% |
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| Alpha | -1.71 |
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| Beta | 0.94 |
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Market cap allocation
| Large cap | 98.7% |
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| Mid cap | 1.3% |
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| Small cap | 0.0% |
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Concentration
| Top 5 holdings | 36.4% |
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| Top 10 holdings | 52.9% |
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| Total holdings | 50 |
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Top holdings
- HDFC Bank Ltd. — 9.9%
- ICICI Bank Ltd. — 9.4%
- Reliance Industries Ltd — 7.8%
- Bharti Airtel Ltd. — 5.0%
- Larsen & Toubro Limited — 4.3%
- State Bank Of India — 4.0%
- Infosys Ltd — 3.6%
- AXIS Bank Ltd. — 3.4%
- Kotak Mahindra Bank Ltd. — 2.8%
- Mahindra & Mahindra Ltd. — 2.7%
Top sectors
- Banking & Financial — 29.5%
- Petroleum Products — 8.7%
- Software & Services — 8.5%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −13.6% | — | — |
| 2025 | 11.4% | — | — |
| 2024 | 9.5% | — | — |
| 2023 | 20.8% | — | — |