HDFC Index Fund Nifty 50 Plan-Direct Plan
Equity
Direct
Index Funds
NAV: ₹ 175.8 as on 31-05-2023
Fund Performance
29451 people have invested ₹ 12.6Cr in HDFC Index Fund Nifty 50 Plan-Direct Plan in the last three months
Fund Insights
In the last 1 year, Nippon India Index S&P BSE Fund Sensex Plan - Direct Plan - Growth Plan has given 13.79% return, outperforming HDFC Index Fund Nifty 50 Plan-Direct Plan by 1.13%
In the last 3 years, Bandhan Nifty 50 Index Fund Direct Plan Growth has given 25.79% return, outperforming HDFC Index Fund Nifty 50 Plan-Direct Plan by 0.08% per annum
In the last 5 years, Nippon India Index S&P BSE Fund Sensex Plan - Direct Plan - Growth Plan has given 13.13% return, outperforming HDFC Index Fund Nifty 50 Plan-Direct Plan by 0.63% per annum
HDFC Index Fund Nifty 50 Plan-Direct Plan 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 0.3%
Over the last 3 months, HDFC Index Fund Nifty 50 Plan-Direct Plan has experienced a 11.7% growth in AUM moving from 7.39K Cr to 8.26K Cr
INDmoney Rank
Powered by IND quant engine
5
/15
76% Performance
46% Cost
5 out of 15 among Index-Nifty-50
Pros
Larger AUM within category
5Y returns in the top 25% of the category
3Y returns in the top 25% of the category
Cons
No bad points found for this fund.
About the Fund
HDFC Index Fund Nifty 50 Plan-Direct Plan is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Nirman Morakhia, Arun Agarwal. The fund could potentially beat inflation in the long-run.
Key parameters
1) HDFC Index Fund Nifty 50 Plan-Direct Plan has a NAV of ₹175.832 as on 31-05-2023.
2) HDFC Index Fund Nifty 50 Plan-Direct Plan has ₹8268 Cr worth of assets under management (AUM) as on 30-04-2023 and is more than category average.
3) The fund has an expense ratio 0.2 %.
HDFC Index Fund Nifty 50 Plan-Direct Plan Overview
 | 0.2% |
 Benchmark | IISL Nifty 50 TR INR |
 | ₹8268 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 Exit Load | 0.25% |
 | No Lock-in |
 TurnOver | 7.23% |
Fund Distribution as on (30-Apr-23)
Size breakup
Large cap
99.9%
Sector Allocation
Financial Services
38.4%
Energy
12.8%
Tech
12.7%
Consumer Defensive
9.7%
Consumer Cyclical
6.9%
Basic Materials
6.8%
Industrial
4.3%
Health
3.8%
Communication
2.5%
Utilities
2.1%
Top Holdings of HDFC Index Fund Nifty 50 Plan-Direct Plan as on (31-May-23)
Equity Holdings50
HDFC Index Fund Nifty 50 Plan-Direct Plan: Monthly Changes Updates
All changes are between Feb'23 and Apr'23
Fund Performance
- This fund’s returns stands at 0.30% whereas the fund’s underlying benchmark Nifty 50 returns stands at -0.52% as on Apr'23
- This fund outperformed Nifty 50 by 0.82% in Apr'23
AUM Change
- AUM of the fund stands at 8.3K Cr as of Apr'23
- AUM increased by 442.4 Cr between Apr'23 and Mar'23
Fund Portfolio Changes
Gainers & Losers in HDFC Index Fund Nifty 50 Plan-Direct Plan portfolio as on (30-Apr-23)
Top Growth Drivers | 1M Return |
|---|---|
 ITC Ltd | 12.3% |
 Kotak Mahindra Bank Ltd | 11% |
 HDFC Bank Ltd | 4.8% |
Top Losers | 1M Return |
|---|---|
 Infosys Ltd | -11.2% |
 Tech Mahindra Ltd | -7.2% |
 Hindustan Unilever Ltd | -3.1% |
Peer Analysis
HDFC Index Fund Nifty 50 Plan-Direct Plan Fund Manager
Nirman Morakhia
Fund Manager of HDFC Index Fund Nifty 50 Plan-Direct Plan, since 15 February 2023
Top funds managed
Arun Agarwal
Fund Manager of HDFC Index Fund Nifty 50 Plan-Direct Plan, since 24 August 2020
Top funds managed
Fund Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 12.55% since inception which is more than its category average return of 8.66%
Fund Allocations
This fund has an allocation of 99.93% in Equity, 0% in Debt and 0.07% in Cash related instruments
AUM size ₹8268 Cr
This fund has AUM of ₹8268 Cr which is more than its category average of ₹ 494 Cr
Expense Ratio 0.2%
This fund has an expense ratio of 0.2% which is less than its category average expense ratio of 0.57%
Frequently Asked Questions
The current NAV of HDFC Index Fund Nifty 50 Plan-Direct Plan is ₹175.83 as on 31-May-2023.
Existing (Absolute + CAGR) as on 31-May-2023.
HDFC Index Fund Nifty 50 Plan-Direct Plan | Absolute Returns | CAGR Returns |
1 Month Returns | 2.85% | 2.85% |
6 Month Returns | -0.91% | -0.91% |
1 Year Returns | 12.66% | 12.66% |
3 Years Returns | 98.68% | 25.71% |
5 Years Returns | 80.22% | 12.5% |
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0.2% as on May 2023
₹8268 Cr as on May 2023
Reliance Industries Ltd(10.32%), HDFC Bank Ltd(9.37%), ICICI Bank Ltd(8.07%), Housing Development Finance Corp Ltd(6.34%), Infosys Ltd(5.63%) as on May 2023
Financial Services(38.42%), Energy(12.81%), Tech(12.73%) as on January 1
The alpha ratio for the HDFC Index Fund Nifty 50 Plan-Direct Plan for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
HDFC Index Fund Nifty 50 Plan-Direct Plan | -0.26 | -0.26 | -0.36 |
As on May 2023
The alpha for HDFC Index Fund Nifty 50 Plan-Direct Plan 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 Plan-Direct Plan for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
HDFC Index Fund Nifty 50 Plan-Direct Plan | 1 | 1 | 1 |
As on May 2023
The Beta for HDFC Index Fund Nifty 50 Plan-Direct Plan 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 Plan-Direct Plan 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 Plan-Direct Plan | 0.11 | 1.18 | 0.43 |
As on May 2023
The sharpe ratio for HDFC Index Fund Nifty 50 Plan-Direct Plan 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 Plan-Direct Plan 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 Plan-Direct Plan | 15.38 | 15.11 | 19.01 |
As on May 2023
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 2.64 as on May 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Nirman Morakhia, Arun Agarwal are the fund managers of HDFC Index Fund Nifty 50 Plan-Direct Plan
The Exit load of HDFC Index Fund Nifty 50 Plan-Direct Plan is 0.25%