HSBC Nifty 50 Index Fund Direct Growth

HSBC Nifty 50 Index Fund Direct Growth is an equity fund. This fund was started on 17 April, 2020. The fund is managed by Praveen Ayathan, Rajeesh Nair. The fund could potentially beat inflation in the long-run.

1. HSBC Nifty 50 Index Fund Direct Growth has ₹346 Cr worth of assets under management (AUM) as on Jul 2025 and is more than category average.
2. The fund has an expense ratio 0.2.
   

HSBC Nifty 50 Index Fund Direct Growth has given a CAGR return of 21.24% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 3.00%, 12.62% and 17.92% respectively.

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

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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

The scheme will adopt a passive investment strategy. The scheme will invest in stocks comprising the Nifty 50 index in the same proportion as in the index with the objective of achieving returns equivalent to the Total Returns Index of Nifty 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 for lump sum payment is INR 5000.00 and for SIP is INR 500.00. HSBC Nifty 50 Index Fund Direct Growth has no lock in period.