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NAV as of ( Sep 09, 2022 )
₹ 10.35 -0.06 % 1-D Change
Returns
4.23%
You get upto 0.5% extra returns
Sorry! A report card for this scheme is not available because it has been in existence for less than 3 years.
Fresh Investments closed in this fund!
This fund is no longer available to invest
ET Money Rank | Not yet ranked |
VRO Rating | |
Expense ratio | 0.4% As on Jul 31, 2022 |
Exit Load | 0% |
AUM (Fund Size) | ₹ 385 Crs |
Lock-in | No Lockin |
Age | 10 m Since Oct 22, 2021 |
Benchmark | Nifty Next 50 TRI |
Min. Investment |
SIP ₹ 100 & Lumpsum ₹ 100 |
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Total value | Profit |
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Category Average
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Bank FD
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Gold
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Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.
Large Cap 84.08%
Mid Cap 15.89%
Small Cap 0%
Other Cap 0%
Services 17.62%
Energy 12.48%
Consumer Staples 12.45%
Financial 12.31%
Bifurcation by Holding is not available for this fund
Bifurcation by Credit Quality is not available for this fund
Reverse Repo 0.17%
Repo 0.12%
Others 0.12%
Know in detail about the portfolio of this fund See detailed Portfolio Analysis
Fund name | Annual Return % | Consistency | Value Research Rating |
---|---|---|---|
ICICI Prudential BHARAT 22 FOF Scheme | 13.97% | ||
Nippon India Large Cap Fund | 12.46% | ||
Navi Nifty Next 50 Index Fund | 11.23% | ||
Kotak Nifty Next 50 Index Fund | 11.11% | ||
Aditya Birla Sun Life Nifty Next 50 Index Fund | 11.04% | ||
DSP Nifty Next 50 Index Fund | 11.01% | ||
UTI Nifty Next 50 Index Fund | 10.99% | ||
ICICI Prudential Bluechip Fund | 7.09% | ||
Invesco India Largecap Fund | 5.5% | ||
Franklin India NSE Nifty 50 Index | 6.55% | ||
Canara Robeco Bluechip Equity Fund | 6.21% | ||
SBI Nifty Next 50 Index Fund | 10.97% | ||
DSP Nifty 50 Index Fund | 6.6% | ||
Navi Nifty 50 Index Fund | 6.57% | ||
Mirae Asset Equity Allocator FoF | 8.27% | ||
Sundaram Large Cap Fund | 7.24% | ||
UTI Nifty200 Momentum 30 Index Fund | 1.12% | ||
Kotak Bluechip Fund | 8.89% | ||
Motilal Oswal Nifty Next 50 Index Fund | 11.0% | ||
Baroda BNP Paribas Large Cap Fund | 8.7% | ||
HDFC Index S&P BSE Sensex Fund | 6.72% | ||
Nippon India Index Nifty 50 | 6.59% | ||
HDFC NIFTY Next 50 Index Fund | 10.76% |
Period | Trailing returns | Category average | Rank within category |
---|---|---|---|
1 month | 4.47% | 2% | 14 / 72 |
3 months | 19.98% | 15.22% | 10 / 69 |
6 months | 10.76% | 7.69% | 13 / 68 |
Level of Risk in the Scheme
Investors understand that their principal will be at Very High risk
EQUITY LARGE CAP
The scheme seeks to generate returns that are commensurate (before fees and expenses) with the performance of the NIFTY Next 50 Index TRI (underlying Index), subject to tracking errors.
Krishan Kumar Daga
Mr. Daga is a B.Com (H).
Prior to joining HDFC AMC he has worked with Reliance Mutual Fund, Reliance Capital Ltd., Deutsche Securities, B&K Securities, Brics Securities, JP Morgan Securities and HSBC Securities.
Arun Agarwal
Mr. Agarwal is a B.Com., Chartered Accountant
Prior to joining HDFC Asset Management Company Limited, he has worked with SBI Funds Management Pvt. Ltd., ICICI Bank Limited, UTI Asset Management Pvt. Ltd.
TOTAL AUM:
₹4,18,852 Crs
As on Jun 30, 2022
NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.
The NAV of HDFC NIFTY Next 50 Index Fund for Sep 09, 2022 is 10.35 .
On ET Money, Investing in HDFC NIFTY Next 50 Index Fund is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -
The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.
The Expense Ratio of the direct plan of HDFC NIFTY Next 50 Index Fund is 0.4%. .
Redeeming your investments in HDFC NIFTY Next 50 Index Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.
If you have invested in HDFC NIFTY Next 50 Index Fund from anywhere else, you can go to the fund house website and put a request through it.
AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.
The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.
The AUM of HDFC NIFTY Next 50 Index Fund is ₹385 Crs.
The HDFC NIFTY Next 50 Index Fund has invested the majority of its money in the stocks of the following companies -
Company | Percentage of Portfolio |
---|---|
Adani Enterprises Ltd. | 7.27% |
Adani Transmission Ltd. | 4.8% |
Adani Green Energy Ltd. | 3.69% |
Pidilite Industries Ltd. | 3.47% |
Tata Power Co. Ltd. | 3.35% |
Coastal Gujarat Power Ltd. | 3.35% |
SRF Ltd. | 3.07% |
Avenue Supermarts Ltd. | 2.94% |
Godrej Consumer Products Ltd. | 2.91% |
Havells India Ltd. | 2.9% |
The HDFC NIFTY Next 50 Index Fund has primarily invested in the following sectors
Sector | Percentage of Portfolio |
---|---|
Services | 17.62% |
Energy | 12.48% |
Consumer Staples | 12.45% |
Financial | 12.31% |
Capital Goods | 12.07% |
Chemicals | 5.77% |
Materials | 5.49% |
Insurance | 5.22% |
Healthcare | 5.13% |
Technology | 3.53% |