HSBC Nifty Next 50 Index Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 63.74 | 22.86 | N/A | N/A |
Average Rolling Returns(%) | 22.83 | 20.21 | N/A | N/A |
The Current NAV of HSBC Nifty Next 50 Index Fund - Regular Plan - Growth is ₹28.75.
It is better to invest in a fund with a longer track record as HSBC Nifty Next 50 Index Fund - Regular Plan - Growth cannot be assessed for consistency of out-performance. However, funds returns unlikely to be different than its benchmark NIFTY NEXT 50, as the Funds portfolio is similar to its benchmark.
HSBC Nifty Next 50 Index Fund - Regular Plan - Growth fund’s expense ratio is 0.80%
The process for redemption is
The AUM of HSBC Nifty Next 50 Index Fund - Regular Plan - Growth is currently ₹110 Crores.
The Top three stocks are Trent, Bharat Electronics and Tata Power and account for 13% of its portfolio. Top 5 and 10 stocks of fund account for 20% and 35% of fund’s portfolio respectively.
Top three sectors of HSBC Nifty Next 50 Index Fund - Regular Plan - Growth fund are BFSI, Capital Goods and Construction & Infrastructure accounting for 52% of the total portfolio.
Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Index Funds - Nifty Next 50 it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of HSBC Nifty Next 50 Index Fund - Regular Plan - Growth Fund is Index Funds - Nifty Next 50.
Praveen Ayathan and Rajeesh Nair manage the HSBC Nifty Next 50 Index Fund - Regular Plan - Growth Fund.
HSBC Nifty Next 50 Index Fund - Regular Plan - Growth current PE ratio is 56.81 and PB ratio is 10.16
The asset allocation of HSBC Nifty Next 50 Index Fund - Regular Plan - Growth is Stocks : 99.01%, Debt : 0.97% and Gold : 0%
The minimum SIP amount for HSBC Nifty Next 50 Index Fund - Regular Plan - Growth is ₹500.00 and minimum lumpsum is ₹5000.00
The exit load for HSBC Nifty Next 50 Index Fund - Regular Plan - Growth is Nil upto 10% of units and 1% for remaining units on or before 1 months, Nil after 1 months