HSBC Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap Wrdl
Equity
Direct
Index Funds
NAV: ₹ 18.2 as on 26-05-2023
Fund Performance
About the Fund
HSBC Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap Wrdl is an equity fund. This fund was started on 17 April, 2020. The fund is managed by Praveen Ayathan. The fund could potentially beat inflation in the long-run.
Key parameters
1) HSBC Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap Wrdl has a NAV of ₹18.177 as on 26-05-2023.
2) HSBC Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap Wrdl has ₹61 Cr worth of assets under management (AUM) as on 31-03-2023 and is less than category average.
3) The fund has an expense ratio 0.35 %.
HSBC Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap Wrdl Overview
 | 0.35% |
 Benchmark | IISL Nifty Next 50 TR INR |
 | ₹61 Cr |
 | 17 April, 2020 |
 | ₹5000/₹1000 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 52.24% |
Fund Distribution as on (30-Apr-23)
Size breakup
Large cap
92.1%
Mid cap
7.9%
Sector Allocation
Basic Materials
20.2%
Financial Services
18.1%
Industrial
16.5%
Consumer Defensive
16.1%
Utilities
8.3%
Consumer Cyclical
6.7%
Communication
3.8%
Tech
3.7%
Energy
2.7%
Real Estate
2.4%
Health
1.4%
Top Holdings of HSBC Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap Wrdl as on (30-Apr-23)
Equity Holdings50
HSBC Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap Wrdl: Monthly Changes Updates
All changes are between Feb'23 and Apr'23
Fund Performance
- This fund’s returns stands at 1.51% whereas the fund’s underlying benchmark Nifty Next 50 returns stands at -0.52% as on Apr'23
- This fund outperformed Nifty Next 50 by 2.03% in Apr'23
AUM Change
- AUM of the fund stands at 61.3 Cr as of Apr'23
- AUM increased by 3.5 Cr between Apr'23 and Mar'23
Fund Portfolio Changes
Gainers & Losers in HSBC Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap Wrdl portfolio as on (30-Apr-23)
Top Growth Drivers | 1M Return |
|---|---|
 DLF Ltd | 17.9% |
 Cholamandalam Investment & Finance Company Ltd | 11.9% |
 Bank of Baroda | 11% |
Top Losers | 1M Return |
|---|---|
 Shree Cement Ltd | -7.3% |
 LTI Mindtree Ltd | -6.8% |
 Godrej Consumer Products Ltd | -5.9% |
Peer Analysis
HSBC Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap Wrdl Fund Manager
Praveen Ayathan
Fund Manager of HSBC Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap Wrdl, since 17 April 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 20.51% since inception which is more than its category average return of 8.29%
Fund Allocations
This fund has an allocation of 100.01% in Equity, 0% in Debt and -0.01% in Cash related instruments
AUM size ₹61 Cr
This fund has AUM of ₹61 Cr which is less than its category average of ₹ 494 Cr
Expense Ratio 0.35%
This fund has an expense ratio of 0.35% which is less than its category average expense ratio of 0.57%
Frequently Asked Questions
The current NAV of HSBC Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap Wrdl is ₹18.18 as on 26-May-2023.
Existing (Absolute + CAGR) as on 26-May-2023.
HSBC Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap Wrdl | Absolute Returns | CAGR Returns |
1 Month Returns | 7.21% | 7.21% |
6 Month Returns | -2.67% | -2.67% |
1 Year Returns | 10.38% | 10.38% |
3 Years Returns | 81.79% | 22.05% |
5 Years Returns | 0% | 0% |
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0.35% as on April 2023
₹61 Cr as on April 2023
LTIMindtree Ltd(3.69%), Bharat Electronics Ltd(3.37%), SRF Ltd Shs Dematerialised(3.36%), Pidilite Industries Ltd(3.36%), Bank of Baroda(3.18%) as on April 2023
Basic Materials(20.23%), Financial Services(18.12%), Industrial(16.54%) as on April 2023
The alpha ratio for the HSBC Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap Wrdl for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
HSBC Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap Wrdl | -0.74 | -0.55 | - |
As on April 2023
The alpha for HSBC Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap Wrdl is calculated against IISL Nifty Next 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 HSBC Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap Wrdl for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
HSBC Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap Wrdl | 0.99 | 0.99 | - |
As on April 2023
The Beta for HSBC Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap Wrdl is calculated with IISL Nifty Next 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 HSBC Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap Wrdl for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
HSBC Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap Wrdl | -0.51 | 0.83 | - |
As on April 2023
The sharpe ratio for HSBC Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap Wrdl is calculated with IISL Nifty Next 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 HSBC Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap Wrdl for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
HSBC Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap Wrdl | 21.48 | 16.61 | - |
As on April 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 1.48 as on April 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Praveen Ayathan is the fund manager of HSBC Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap Wrdl
The Exit load of HSBC Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap Wrdl is 1%