HSBC Mutual Fundimage

HSBC Nifty Next 50 Index Fund

Solution OrientedIndex Funds/ETFsGrowthIDCWIDCW-Reinvestment

Fund Overview

NAV 

-

AUM (in Cr)

₹ 130.33

Risk Level 

Very High

Fund Performance

Name
1 Month%
3 Month%
6 Month%
1 Year%
3 Year%
5 Year%
HSBC Nifty Next 50 Index Fund
Index Funds/ETFs
2.03
6.88
13.47
29.94
14.03
18.43

Note:  Benchmark Performance not available due to periodic changes in underlying Benchmark composition.

Scheme Information

Investment Objective

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.

Expense Ratio
% 0.80
Benchmark
-
AUM
₹ 130.33
Inception Date
24 Mar 2020
Turnover Ratio
% 43.00
Exit Load
If the units redeemed or switched out are upto 10% of the units purchased or switched in (the limit) within 1 year from the date of allotment - Nil If units redeemed or switched out are over and above the limit within 1 year from the date of allotment - 1%. If units are redeemed or switched out on or after 1 year from the date of allotment - Nil.
Asset Class
Solution Oriented
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