HSBC Nifty Next 50 Index Fund Regular Growth

• Alpha 0.00%
• Beta 0.00
• Sharpe Ratio0.65
• Std Deviation 17.62%
• Tracking Error 0.00%

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.

The HSBC Nifty Next 50 Index Fund Regular Growth has an AUM of 141.89 crores & has delivered CAGR of 14.68% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 0.72%. The minimum investment in HSBC Nifty Next 50 Index Fund Regular Growth is Rs 5000 and the minimum SIP is Rs 500.

As per morningstar the risk & return rating of the fund are Medium & Exceptional respectively.

The top holdings of the fund include Vedanta, Hindustan Aeronautics, TVS Motor Company & Divi's Laboratories.

The major sectors where the fund is invested are Electric Utilities, Regional Banks, Biotechnology & Drugs & Consumer Financial Services.

Some of the similar funds are HSBC Nifty Next 50 Index Fund Regular Growth, Bandhan Nifty200 Momentum 30 Index Fund Regular Growth, Axis Nifty Bank Index Fund Regular Growth, Edelweiss Nifty Alpha Low Volatility 30 Index Fund Regular Growth, Axis Nifty IT Index Fund Regular Growth. HSBC Nifty Next 50 Index Fund Regular Growth has a sharpe ratio of 0.65 & a standard deviation of 17.62%.