3 Year return

0
Launched on October 2021 (3 years)

Investment Details

₹100

Minimum SIP Amount

₹100

Minimum one time investment

Fund has no lock-in period

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Based on past performance of this fund

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Your Investment ₹3,00,000
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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹604.96 Cr.

Expense Ratio

0.3% (inclusive of GST)

Exit Load

Nil

Ratings

ARQ Rating
0

Ratings by other agencies

0
0
0

Tax Implications

There are no records found for Tax Implications.

Fund Holdings

Holdings

HDFC Mutual Fund Managers

KD

Krishan Kumar Daga

Fund Manager since Oct 2022

Fund House Details

HDFC Mutual Fund

HDFC Mutual Fund Asset management company

AUM ₹617,677.76 Cr.
No. of Schemes 167
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by HDFC Mutual Fund

List of mutual fund schemes by AMC

About HDFC Nifty Next 50 Index Fund Direct Plan Growth

HDFC Nifty Next 50 Index Fund Direct Plan Growth is an Open-ended Large Cap Equity scheme managed by HDFC Mutual Fund House. As an index fund, it aims to replicate the performance of the Nifty Next 50 Index with a blended style of investing. The fund allocates its investments across market capitalizations, providing investors with exposure to a diversified basket of stocks. By precisely mirroring the Nifty Next 50 Index's constituents and their weights, this fund offers a passive investment strategy.

Investment Objective of the Scheme

The primary investment objective of HDFC Nifty Next 50 Index Fund Direct Plan Growth is to generate returns that align with the performance of the NIFTY Next 50 Index Total Return Index, subject to minimal tracking errors. By closely tracking the index, the fund aims to replicate its returns and provide investors with market-linked growth opportunities over the long term.

Key Features of The Fund

5-year return NA
Expense Ratio 0.3%
Fund Manager Krishan Kumar Daga
Fund Size ₹604.96 Cr
Risk Profile Very High

Is This Scheme Right for Me?

HDFC Nifty Next 50 Index Fund Direct Plan Growth is an ideal choice for investors seeking a passive investment approach without taking specific fund-management risks. The fund's performance is directly linked to the Nifty Next 50 Index, which represents the performance of the next 50 largest companies after those in the Nifty 50. Depending on the chosen index, the required risk appetite may vary from conservative to relatively higher. It is important for investors to note that index funds typically have a long-term investment horizon.

AMC Contact Details

Name HDFC Mutual Fund
Launch Date July 2000
Addresss "HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai - 400020
Contact 1800 3010 67671800 419 7676
Email hello@hdfcfund.com
Website https://www.hdfcfund.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

FAQs

What is today's NAV of HDFC Nifty Next 50 Index Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of HDFC Nifty Next 50 Index Fund May 22 2024 is 16.0458

What is the AUM of HDFC Nifty Next 50 Index Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of HDFC Nifty Next 50 Index Fund is 604.96 crore.

What is the expense ratio of HDFC Nifty Next 50 Index Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of HDFC Nifty Next 50 Index Fund is 0.3%

What are the returns of HDFC Nifty Next 50 Index Fund since inception?

The HDFC Nifty Next 50 Index Fund was launched on Oct 22 2021. The fund has delivered a CAGR of 20.37 since inception.

What is the minimum SIP amount to invest in HDFC Nifty Next 50 Index Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for HDFC Nifty Next 50 Index Fund is 100.

How do I invest in HDFC Nifty Next 50 Index Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in HDFC Nifty Next 50 Index Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in HDFC Nifty Next 50 Index Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in HDFC Nifty Next 50 Index Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.