HSBC Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap Wrdl

Equity
Direct
Index Funds
HSBC Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap Wrdl

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 ₹117 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 0.4.

Returns

HSBC Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap Wrdl has given a CAGR return of 30.55% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 62.00% and 22.80% respectively.

Holdings

HSBC Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap Wrdl has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Basic Materials, Consumer Cyclical, Consumer Defensive, Utilities, Energy, Real Estate, Health, Communication. Its top holdings are Bharat Electronics Ltd, Trent Ltd, Hindustan Aeronautics Ltd Ordinary Shares, Tata Power Co Ltd, Power Finance Corp 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 HSBC Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap Wrdl

The scheme will adopt a passive investment strategy. The scheme will invest in stocks comprising the Nifty Next 50 index in the same proportion as in the index with the objective of achieving returns equivalent to the Total Returns Index of Nifty Next 50 index by minimizing the performance difference between the benchmark index and the scheme. The Total Returns Index is an index that reflects the returns on the index from index gain/ loss plus dividend payments by the constituent stocks. 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 5000.00 and for SIP is INR 500.00. HSBC Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap Wrdl has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.35%
Benchmark
IISL Nifty Next 50 TR INR
AUM₹117 Cr
Inception Date17 April, 2020
Min Lumpsum/SIP--/₹500
Exit Load
1%
Lock InNo Lock-in
TurnOver
53.52%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 99.9%

  • Debt & Cash 0.1%

Large cap
90.1%

Mid cap
9.8%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
22.7%
Industrial
22%
Basic Materials
12.8%
Consumer Cyclical
12.1%
Consumer Defensive
10.9%
Utilities
9.3%
Energy
3%
Real Estate
2.6%
Health
2.5%
Communication
2.2%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Praveen Ayathan
Praveen Ayathan
Fund Manager of HSBC Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap Wrdl, since 17 April 2020

HSBC Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap Wrdl 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 30.55% since inception which is more than its category average return of 21.84%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.89% in Equity, 0% in Debt and 0.11% in Cash related instruments
AUM size ₹117 Cr

AUM size ₹117 Cr

This fund has AUM of ₹117 Cr which is less than its category average of ₹ 747 Cr
Expense Ratio 0.35%

Expense Ratio 0.35%

This fund has an expense ratio of 0.35% which is less than its category average expense ratio of 0.55%

Frequently Asked Questions

The current NAV of HSBC Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap Wrdl is ₹31.02 as on 21-Jun-2024.
Existing (Absolute + CAGR) as on 21-Jun-2024.
HSBC Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap Wrdl
Absolute Returns
CAGR Returns
1 Month Returns
4.19%
4.19%
6 Month Returns
37.91%
37.91%
1 Year Returns
62%
62%
3 Years Returns
85.18%
22.8%
5 Years Returns
0%
0%
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.
0.35% as on May 2024
₹117 Cr as on May 2024
Bharat Electronics Ltd(5.24%), Trent Ltd(4.97%), Hindustan Aeronautics Ltd Ordinary Shares(4.61%), Tata Power Co Ltd(3.66%), Power Finance Corp Ltd(3.54%) as on May 2024
Financial Services(22.7%), Industrial(21.96%), Basic Materials(12.8%) as on May 2024
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
-0.64
-0.56
-
As on May 2024
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
1
1
-
As on May 2024
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
3.06
0.94
-
As on May 2024
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
13.87
16.71
-
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 1.65 as on May 2024. 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%