HDFC Index Fund Nifty 50 Direct Growth

Equity
Direct
Index Funds
HDFC Index Fund Nifty 50 Direct Growth

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 ₹16592 Cr worth of assets under management (AUM) as on Jun 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 14.05% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 25.12%, 16.61% and 17.61% 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
58159 people have invested ₹ 24.9Cr in HDFC Index Fund Nifty 50 Direct Growth in the last three months

INDmoney Rank

Powered by IND quant engine
7
/16
75% Performance
0% Cost
7 out of 16 among Index-Nifty-50
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Larger AUM within category
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Beats FD returns for both 3Y & 5Y
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No bad points found for this fund.

Fund Overview

Expense ratio0.2%
Benchmark
IISL Nifty 50 TR INR
AUM₹16592 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
0.25%
Lock InNo Lock-in
TurnOver
7.84%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 99.6%

  • Debt & Cash 0.4%

Large cap
99%
Mid cap
0.7%
Sector Allocation

Jun'24

May'24

Apr'24

Financial Services
34.4%
Energy
13.3%
Tech
12.5%
Consumer Cyclical
9.4%
Consumer Defensive
7.9%
Basic Materials
6.6%
Industrial
4.9%
Health
4.2%
Communication
3.6%
Utilities
3.1%
All changes are between Apr'24 and Jun'24

as on (30-Jun-24)

  • Equity

Holdings
Weight%
1M Change
HDFC Bank Ltd
HDFC Bank Ltd
11.91%
8.8%
Reliance Industries Ltd
Reliance Industries Ltd
9.94%
8.7%
ICICI Bank Ltd
ICICI Bank Ltd
7.92%
8.9%
Infosys Ltd
Infosys Ltd
5.31%
10%
Larsen & Toubro Ltd
Larsen & Toubro Ltd
3.89%
7.4%
See all

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
HDFC Index Fund Nifty 50 Direct Growth
HDFC Index Fund Nifty 50 Direct Growth
25.1%
16.6%
17.6%
14.1%
Aditya Birla Sun Life Nifty Smallcap 50 Index Fund Direct Growth
Aditya Birla Sun Life Nifty Smallcap 50 Index Fund Direct Growth
64.4%
17.8%
-
24.8%
UTI Nifty200 Momentum 30 Index Fund Direct Growth
UTI Nifty200 Momentum 30 Index Fund Direct Growth
63.3%
25.1%
-
29.8%
UTI Nifty Next 50 Index Fund Direct Growth
UTI Nifty Next 50 Index Fund Direct Growth
62.5%
22.7%
22.5%
17.2%
See all

Returns for the month of Jun

  • Gainers

  • Losers

Top Growth Drivers
1M Return
Infosys Ltd
Infosys Ltd
18.6%
Reliance Industries Ltd
Reliance Industries Ltd
4.1%

Mutual Fund Insights

Insights icon
In the last 3 years, DSP Nifty 50 Equal Weight Index Fund Direct Growth has given 21.18% return, outperforming this fund by 4.56% per annum.
Insights icon
In the last 1 year, Motilal Oswal BSE Enhanced Value Index Fund Direct Growth has given 85.75% return, outperforming this fund by 60.63%.
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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 0.34%.
Insights icon
In the last 5 years, DSP Nifty 50 Equal Weight Index Fund Direct Growth has given 21.44% return, outperforming this fund by 3.83% per annum.
Insights icon
Over the last 3 months, this fund has experienced a 30.0% growth in AUM moving from 12.76K Cr to 16.59K Cr.

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 14.05% since inception which is less than its category average return of 22.71%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.64% in Equity, 0% in Debt and 0.36% in Cash related instruments
AUM size ₹16592 Cr

AUM size ₹16592 Cr

This fund has AUM of ₹16592 Cr which is more than its category average of ₹ 794 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 ₹234.23 as on 23-Jul-2024.
Existing (Absolute + CAGR) as on 23-Jul-2024.
HDFC Index Fund Nifty 50 Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
4.21%
4.21%
6 Month Returns
15.91%
15.91%
1 Year Returns
25.12%
25.12%
3 Years Returns
58.57%
16.61%
5 Years Returns
124.99%
17.61%
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 June 2024
₹16592 Cr as on June 2024
HDFC Bank Ltd(11.91%), Reliance Industries Ltd(9.94%), ICICI Bank Ltd(7.92%), Infosys Ltd(5.31%), Larsen & Toubro Ltd(3.89%) as on June 2024
Financial Services(34.32%), Energy(13.3%), Tech(12.48%) as on June 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
-0.37
As on June 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 June 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
1.5
0.81
0.63
As on June 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
11.52
12.87
18.72
As on June 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 1.52 as on June 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%