HDFC Nifty 50 Index Fund -Direct Plan

• Alpha -0.41%
• Beta 1.00
• Sharpe Ratio0.68
• Std Deviation 11.23%
• Tracking Error 0.16%

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.

The HDFC Nifty 50 Index Fund -Direct Plan has an AUM of 22260.25 crores & has delivered CAGR of 10.47% in the last 5 years. The fund has an exit load of 0.25% and an expense ratio of 0.20%. The minimum investment in HDFC Nifty 50 Index Fund -Direct Plan is Rs 100 and the minimum SIP is Rs 100.

As per morningstar the risk & return rating of the fund are Moderate & High respectively.

The top holdings of the fund include HDFC Bank, ICICI Bank, Reliance Industries & Infosys.

The major sectors where the fund is invested are Regional Banks, Software & Programming, Oil & Gas Operations & Auto & Truck Manufacturers.

Some of the similar funds are UTI Nifty 50 Index Fund-Growth Option- Direct, HDFC Nifty 50 Index Fund -Direct Plan, ICICI Prudential Nifty 50 Index Plan Direct Growth, SBI Nifty Index Fund Direct Growth, HDFC BSE Sensex Index Fund-Direct Plan. HDFC Nifty 50 Index Fund -Direct Plan has a sharpe ratio of 0.68 & a standard deviation of 11.23%.