HDFC Index Fund Nifty 50 Direct Growth

HDFC Index Fund Nifty 50 Direct Growth

Compare
Equity
Direct
Index Funds
NAV: ₹ 224.24 as on 13-06-2024

About the Fund

HDFC Index Fund Nifty 50 Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. HDFC Index Fund Nifty 50 Direct Growth has ₹14220 Cr worth of assets under management (AUM) as on Apr 2024 and is more than category average.
  2. The fund has an expense ratio 0.2.

Returns

HDFC Index Fund Nifty 50 Direct Growth has given a CAGR return of 13.74% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 26.18%, 15.03% and 15.42% respectively.

Holdings

HDFC Index Fund Nifty 50 Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Energy, Tech, Consumer Cyclical, Consumer Defensive, Basic Materials, Industrial, Health, Communication, Utilities. Its top holdings are HDFC Bank Ltd, Reliance Industries Ltd, ICICI Bank Ltd, Infosys Ltd, Larsen & Toubro Ltd

Taxation

As it is a index funds mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of HDFC Index Fund Nifty 50 Direct Growth

The investment objective of the Scheme is to generate returns that are commensurate with the performance of the NIFTY 50 Index, subject to tracking errors. There is no assurance that the investment objective of the Scheme will be realized.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. HDFC Index Fund Nifty 50 Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
54528 people have invested ₹ 23.5Cr in HDFC Index Fund Nifty 50 Direct Growth in the last three months

INDmoney Rank

Powered by IND quant engine
9
/16
77% Performance
0% Cost
9 out of 16 among Index-Nifty-50

Pros

Larger AUM within category
Beats FD returns for both 3Y & 5Y

Cons

No bad points found for this fund.

Overview

Expense ratio
Expense ratio
0.2%
Benchmark
Benchmark
IISL Nifty 50 TR INR
AUM
AUM
₹14220 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
0.25%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
7.84%

HDFC Index Fund Nifty 50 Direct Growth Distribution as on (30-Apr-24)

  • Equity 100%

Size breakup

Large cap
99.4%
Mid cap
0.7%
Sector Allocation

Apr'24

Mar'24

Feb'24

Financial Services
34.3%
Energy
13.5%
Tech
12.3%
Consumer Cyclical
9.3%
Consumer Defensive
8%
Basic Materials
6.5%
Industrial
5.2%
Health
4.2%
Communication
3.5%
Utilities
3.1%

Monthly Changes Updates

All changes are between Feb'24 and Apr'24
Fund Performance
Apr'24
Mar'24
Feb'24
Fund Returns
1.21%
1.55%
1.30%
Nifty 50
0.64%
-0.05%
1.32%
  • This fund’s returns stands at 1.21% whereas the fund’s underlying benchmark Nifty 50 returns stands at 0.64% as on Apr'24
  • This fund outperformed Nifty 50 by 0.58% in Apr'24
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 13.8K Cr
₹ 12.8K Cr
₹ 12.6K Cr
  • AUM of the fund stands at 13.8K Cr as of Apr'24
  • AUM increased by 1K Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Top Holdings of HDFC Index Fund Nifty 50 Direct Growth as on (31-May-24)

  • Equity

Equity Holdings50

Mutual Fund Insights

Insights icon
Over the last 6 months, this fund has experienced a 34.0% growth in AUM moving from 10.61K Cr to 14.21K Cr.
Insights icon
This fund has one of the lowest expense ratio in the category (index funds). Its expense ratio is 0.2% which is lower than the category average expense ratio of 0.33%.
Insights icon
In the last 3 years, DSP Nifty 50 Equal Weight Index Fund Direct Growth has given 19.4% return, outperforming this fund by 4.37% per annum.
Insights icon
In the last 5 years, DSP Nifty 50 Equal Weight Index Fund Direct Growth has given 19.01% return, outperforming this fund by 3.59% per annum.
Insights icon
In the last 1 year, Motilal Oswal S&P BSE Enhanced Value Index Fund Direct Growth has given 94.34% return, outperforming this fund by 68.16%.

HDFC Index Fund Nifty 50 Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 13.74% since inception which is less than its category average return of 21.28%
Fund Allocations

Fund Allocations

This fund has an allocation of 100.09% in Equity, 0% in Debt and -0.09% in Cash related instruments
AUM size ₹14220 Cr

AUM size ₹14220 Cr

This fund has AUM of ₹14220 Cr which is more than its category average of ₹ 733 Cr
Expense Ratio 0.2%

Expense Ratio 0.2%

This fund has an expense ratio of 0.2% which is less than its category average expense ratio of 0.54%

Frequently Asked Questions

The current NAV of HDFC Index Fund Nifty 50 Direct Growth is ₹224.24 as on 13-Jun-2024.
Existing (Absolute + CAGR) as on 13-Jun-2024.
HDFC Index Fund Nifty 50 Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
6.1%
6.1%
6 Month Returns
12.34%
12.34%
1 Year Returns
26.18%
26.18%
3 Years Returns
52.21%
15.03%
5 Years Returns
104.83%
15.42%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.2% as on May 2024
₹14220 Cr as on May 2024
HDFC Bank Ltd(11.61%), Reliance Industries Ltd(9.76%), ICICI Bank Ltd(7.94%), Infosys Ltd(5.06%), Larsen & Toubro Ltd(4.37%) as on May 2024
Financial Services(34.14%), Energy(13.43%), Tech(12.07%) as on May 2024
The alpha ratio for the HDFC Index Fund Nifty 50 Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
HDFC Index Fund Nifty 50 Direct Growth
-0.23
-0.26
-0.36
As on May 2024
The alpha for HDFC Index Fund Nifty 50 Direct Growth is calculated against IISL Nifty 50 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the HDFC Index Fund Nifty 50 Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
HDFC Index Fund Nifty 50 Direct Growth
1
1
1
As on May 2024
The Beta for HDFC Index Fund Nifty 50 Direct Growth is calculated with IISL Nifty 50 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the HDFC Index Fund Nifty 50 Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
HDFC Index Fund Nifty 50 Direct Growth
1.36
0.69
0.56
As on May 2024
The sharpe ratio for HDFC Index Fund Nifty 50 Direct Growth is calculated with IISL Nifty 50 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the HDFC Index Fund Nifty 50 Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
HDFC Index Fund Nifty 50 Direct Growth
10.53
12.46
18.59
As on May 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.26 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
The Exit load of HDFC Index Fund Nifty 50 Direct Growth is 0.25%