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 244 in category.
Fund basics
| Category | Equity: Index |
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| NAV | ₹28.20 (as of 2026-08-21) |
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| AUM | ₹384 Cr |
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| Expense ratio | 0.32% |
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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 | 0.22 |
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| Standard deviation | 13.62% |
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| Max drawdown | -15.60% |
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| Alpha | -1.8 |
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| Beta | 0.94 |
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Market cap allocation
| Large cap | 86.8% |
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| Mid cap | 13.3% |
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| Small cap | 0.0% |
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Concentration
| Top 5 holdings | 18.5% |
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| Top 10 holdings | 32.8% |
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| Total holdings | 50 |
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Top holdings
- Divis Laboratories Ltd. — 4.0%
- TVS Motor Company Ltd. — 4.0%
- Tata Motors Limited — 3.6%
- Hindustan Aeronautics Limited — 3.5%
- Adani Power Limited — 3.5%
- Cholamandalam Investment and Finance Company Ltd — 3.2%
- Torrent Pharmaceuticals Ltd. — 3.0%
- Cummins India Ltd. — 2.9%
- Samvardhana Motherson International Limited — 2.6%
- Indian Hotels Co. Ltd — 2.5%
Top sectors
- Finance & Investments — 10.8%
- Energy — 9.9%
- Banking & Financial — 9.7%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | -6.5% | — | — |
| 2025 | 11.4% | — | — |
| 2024 | 9.5% | — | — |
| 2023 | 20.8% | — | — |