HDFC Index Fund Nifty 50 Direct Growth

HDFC Index Fund Nifty 50 Direct Growth

Equity

Direct

Index Funds

NAV as on 07-11-2024

₹ 232.83

1.1%

1D

Inception Returns

13.7%

/yr

About HDFC Index Fund Nifty 50 Direct Growth

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 ₹18915 Cr worth of assets under management (AUM) as on Sep 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 13.72% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 27.21%, 12.18% and 16.31% respectively.

Holdings

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

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
66995 people have invested ₹ 26.8Cr in HDFC Index Fund Nifty 50 Direct Growth in the last three months

INDmoney Rank for HDFC Index Fund Nifty 50 Direct Growth

Powered by IND quant engine
8
/16
74% Performance
0% Cost
8 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.

HDFC Index Fund Nifty 50 Direct Growth Overview

Expense ratio0.2%
Benchmark
IISL Nifty 50 TR INR
AUM₹18915 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
0.2%
Lock InNo Lock-in
TurnOver
8.06%
STCGRedeeming before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Fund Distribution

as on (30-Sep-24)

  • Equity 100%

Large cap
100%

Sector Allocation

Sep'24

Aug'24

Jul'24

Financial Services
32.9%
Tech
12.8%
Energy
11.9%
Consumer Cyclical
10.9%
Consumer Defensive
8.6%
Basic Materials
6.4%
Industrial
5.5%
Communication
4%
Health
3.9%
Utilities
3.2%
All changes are between Jul'24 and Sep'24
Sep'24
Aug'24
Jul'24
Fund Returns
2.26%
1.33%
3.95%
Nifty 50
2.11%
0.90%
3.35%
  • This fund’s returns stands at 2.26% whereas the fund’s underlying benchmark Nifty 50 returns stands at 2.11% as on Sep'24
  • This fund outperformed Nifty 50 by 0.15% in Sep'24
Parameters
Sep'24
Aug'24
Jul'24
AUM
₹ 18.1K Cr
₹ 18.1K Cr
₹ 17.6K Cr
  • AUM of the fund stands at 18.1K Cr as of Sep'24
  • AUM has remained same between Sep'24 and Aug'24
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 11% to 11.34%
HDFC Bank Ltd's allocation increased from 11% to 11.34%
Bharti Airtel Ltd's allocation increased from 3.79% to 3.96%
Bharti Airtel Ltd's allocation increased from 3.79% to 3.96%
Bajaj Auto Ltd's allocation increased from 1.09% to 1.18%
Bajaj Auto Ltd's allocation increased from 1.09% to 1.18%
Top Stocks sold last month
Reliance Industries Ltd's allocation decreased from 9.11 % to 8.64 %
Reliance Industries Ltd's allocation decreased from 9.11 % to 8.64 %
Infosys Ltd's allocation decreased from 6.26 % to 5.83 %
Infosys Ltd's allocation decreased from 6.26 % to 5.83 %
Tata Consultancy Services Ltd's allocation decreased from 4.12 % to 3.77 %
Tata Consultancy Services Ltd's allocation decreased from 4.12 % to 3.77 %
Mid Cap allocation has gone down from 0.6% to 0%
Mid Cap allocation has gone down from 0.6% to 0%
Large Cap allocation has gone up from 99.2% to 100%
Large Cap allocation has gone up from 99.2% to 100%
Cash allocation has gone down from 0.1% to -0%
Cash allocation has gone down from 0.1% to -0%

Top 3 Sectors in September were Financial Services, Tech & Energy

Sep'24
Financial Services
33%
Tech
13%
Energy
12%
Aug'24
Financial Services
33%
Tech
14%
Energy
13%
  • Gainers

  • Losers

Fund
Sep'24
Aug'24
Jul'24
No of Holdings
52
52
53
Top 5 Company Concentration
37.7%
38.2%
38.2%
Company having highest exposure
HDFC Bank Ltd (11.3%)
HDFC Bank Ltd (11%)
HDFC Bank Ltd (11%)
No of Sectors
10
10
10
Top 5 Sectors Concentration
77%
77.6%
77.4%
Sector having highest exposure
Financial Services (32.9%)
Financial Services (32.6%)
Financial Services (32.8%)
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Fund House
HDFC Asset Management Co Ltd
Total Schemes
Total AUM
₹7.87L Cr
as on 30-Sep-2024
Address
HDFC Asset Management Company Limited,“HUL House”, 2nd Floor,,H.T. Parekh Marg,165-166, Backbay Reclamation,,Churchgate,
Phone
+912266316333
Website
cliser@hdfcfund.com

Mutual Fund Insights

Insights icon
Over the last 6 months, this fund has experienced a 48.2% growth in AUM moving from 12.76K Cr to 18.91K Cr.
Insights icon
In the last 3 years, Aditya Birla Sun Life Nifty Smallcap 50 Index Fund Direct Growth has given 19.83% return, outperforming this fund by 7.65% per annum.
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 0.34%.
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In the last 5 years, DSP Nifty 50 Equal Weight Index Fund Direct Growth has given 20.56% return, outperforming this fund by 4.24% per annum.
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In the last 1 year, UTI Nifty 500 Value 50 Index Fund Direct Growth has given 61.2% return, outperforming this fund by 33.99%.

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 13.72% since inception which is less than its category average return of 17.31%
Fund Allocations

Fund Allocations

This fund has an allocation of 100.01% in Equity, 0% in Debt and -0.01% in Cash related instruments
AUM size ₹18915 Cr

AUM size ₹18915 Cr

This fund has AUM of ₹18915 Cr which is more than its category average of ₹ 846 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 0.51%

Frequently Asked Questions for HDFC Index Fund Nifty 50 Direct Growth

The current NAV of HDFC Index Fund Nifty 50 Direct Growth is ₹232.83 as on 07-Nov-2024.
Existing (Absolute + CAGR) as on 07-Nov-2024.
HDFC Index Fund Nifty 50 Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-2.01%
-2.01%
6 Month Returns
9.95%
9.95%
1 Year Returns
27.21%
27.21%
3 Years Returns
41.17%
12.18%
5 Years Returns
112.87%
16.31%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • 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 October 2024
₹18915 Cr as on October 2024
HDFC Bank Ltd(11.34%), Reliance Industries Ltd(8.64%), ICICI Bank Ltd(7.74%), Infosys Ltd(5.83%), ITC Ltd(4.16%) as on October 2024
Financial Services(32.94%), Tech(12.76%), Energy(11.9%) as on October 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
-0.29
-0.26
-0.38
As on October 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 October 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
1.48
0.49
0.63
As on October 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
12.77
12.89
18.72
As on October 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 0.81 as on October 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%