HDFC NIFTY50 Equal Weight Index Fund
Large Cap IndexVery HighOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹17.48-1.66%1 day
- Return since launch
- 12.0%
- 52-week range
- ₹16.31 — ₹18.79
- AUM
- ₹1,809 Cr
HDFC NIFTY50 Equal Weight Index Fund is a Large Cap Index equity fund from HDFC Mutual Fund with ₹1,809 Cr under management, launched in 2021. Over three years it has returned 3.8% a year, against 9.4% for its category. The expense ratio is 0.93% and the SEBI riskometer reading is Very High.
Performance
HDFC NIFTY50 Equal Weight Index Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -1.0% against -6.5% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -5.5% | −2.2 pts | -3.3% | -10.6% |
| 2Y | 0.6% | +2.9 pts | -2.2% | -4.5% |
| 3Y | 3.8% | −5.6 pts | 9.4% | -0.3% |
| 5Y | 9.6% | +1.9 pts | 7.8% | 5.1% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -5.0% | −0.1 pts | -4.9% | -5.0% |
| 3M | -2.9% | +0.1 pts | -2.9% | -3.2% |
| 6M | 3.3% | +0.1 pts | 3.2% | 0.8% |
| 1Y | -1.0% | +2.3 pts | -3.3% | -6.5% |
| 2Y | -2.3% | +2.7 pts | -5.0% | -5.2% |
| 3Y | 10.4% | +1.0 pts | 9.4% | 6.2% |
| 5Y | 10.0% | +2.2 pts | 7.8% | 5.9% |
Since launch (4 Aug 2021): 12.0%
Calendar-year returns
Category average6.8%
29.6%
9.8%
13.7%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 13.7% | +5.1 pts | 8.6% |
| 2024 | 9.8% | −4.6 pts | 14.4% |
| 2023 | 29.6% | +4.8 pts | 24.8% |
| 2022 | 6.8% | +2.7 pts | 4.1% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
0.92%
Expense ratio as on 16 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.74%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.18%
- Exit load
- 0%
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 50 Equal Weight TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | 2.58 | 6.39 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.98 | 1.28 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.55 | 0.67 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.67 | 0.86 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 14.51 | 19.95 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
HDFC NIFTY50 Equal Weight Index Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity100.0%
- Other0.1%
Market cap split
- Large96.4%
- Mid3.6%
- P/E
- 20.10
- P/B
- 3.10
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Eternal Ltd. | Services | 2.53% | ₹45.70 Cr | +1.95% | +1.75% | +2.47% |
| Bajaj Auto Ltd. | Automobile | 2.46% | ₹44.42 Cr | +2.18% | +2.21% | +2.10% |
| HCL Technologies Ltd. | Technology | 2.33% | ₹42.06 Cr | +1.60% | +1.68% | +1.73% |
| Titan Company Ltd. | Consumer Discretionary | 2.33% | ₹42.13 Cr | +1.94% | +2.17% | +2.02% |
| Tata Consultancy Services Ltd. | Technology | 2.25% | ₹40.62 Cr | +1.75% | +1.61% | +1.82% |
| Bajaj Finserv Ltd. | Financial | 2.24% | ₹40.52 Cr | +1.94% | +1.98% | +1.94% |
| Tech Mahindra Ltd. | Technology | 2.20% | ₹39.77 Cr | +1.92% | +1.69% | +1.77% |
| Shriram Finance Ltd | Financial | 2.15% | ₹38.89 Cr | +1.95% | +2.25% | +1.75% |
| Nestle India Ltd. | Consumer Staples | 2.14% | ₹38.64 Cr | +2.23% | +2.03% | +1.96% |
| Grasim Industries Ltd. | Materials | 2.13% | ₹38.48 Cr | +2.27% | +1.99% | +2.00% |
| Infosys Ltd. | Technology | 2.12% | ₹38.31 Cr | +1.69% | +1.57% | +1.85% |
| Bajaj Finance Ltd. | Financial | 2.11% | ₹38.08 Cr | +1.99% | +2.00% | +1.93% |
| Mahindra & Mahindra Ltd. | Automobile | 2.11% | ₹38.24 Cr | +1.86% | +1.88% | +2.03% |
| JSW Steel Ltd. | Metals & Mining | 2.10% | ₹37.92 Cr | +2.09% | +2.32% | +2.04% |
| ICICI Bank Ltd. | Financial | 2.09% | ₹37.79 Cr | +1.86% | +2.05% | +2.00% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 2.09% | ₹37.80 Cr | +1.90% | +2.02% | +1.94% |
| Wipro Ltd. | Technology | 2.09% | ₹37.75 Cr | +2.01% | +1.51% | +1.89% |
| Eicher Motors Ltd. | Automobile | 2.07% | ₹37.51 Cr | +1.94% | +2.19% | +2.23% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 2.05% | ₹37.06 Cr | +2.05% | +2.19% | +2.20% |
| Hindalco Industries Ltd. | Metals & Mining | 2.05% | ₹37.12 Cr | +2.45% | +2.12% | +2.13% |
| Kotak Mahindra Bank Ltd. | Financial | 2.04% | ₹36.89 Cr | +1.94% | +1.92% | +1.82% |
| Maruti Suzuki India Ltd. | Automobile | 2.02% | ₹36.49 Cr | +1.95% | +1.79% | +2.36% |
| State Bank of India | Financial | 2.02% | ₹36.58 Cr | +1.74% | +2.49% | +2.04% |
| JIO Financial Services Ltd. | Financial | 1.99% | ₹36.07 Cr | +1.91% | +1.72% | +2.09% |
| Bharat Electronics Ltd. | Capital Goods | 1.98% | ₹35.78 Cr | +1.84% | +2.24% | +1.85% |
| Interglobe Aviation Ltd. | Services | 1.98% | ₹35.89 Cr | +1.97% | +1.91% | — |
| Ultratech Cement Ltd. | Materials | 1.98% | ₹35.77 Cr | +1.98% | +2.15% | +2.19% |
| Asian Paints Ltd. | Materials | 1.96% | ₹35.52 Cr | +2.24% | +1.73% | +2.25% |
| SBI Life Insurance Company Ltd. | Insurance | 1.94% | ₹35.15 Cr | +1.85% | +2.02% | +2.00% |
| Cipla Ltd. | Healthcare | 1.93% | ₹34.99 Cr | +2.13% | +1.79% | +2.14% |
| Reliance Industries Ltd. | Energy | 1.92% | ₹34.71 Cr | +1.74% | +1.79% | +1.88% |
| Bharti Airtel Ltd. | Communication | 1.91% | ₹34.46 Cr | +1.88% | +1.79% | +1.96% |
| Larsen & Toubro Ltd. | Construction | 1.91% | ₹34.54 Cr | +2.15% | +2.12% | +2.03% |
| Oil And Natural Gas Corporation Ltd. | Energy | 1.91% | ₹34.48 Cr | +1.84% | +2.39% | +1.97% |
| Tata Steel Ltd. | Metals & Mining | 1.91% | ₹34.61 Cr | +2.02% | +2.52% | +2.01% |
| Max Healthcare Institute Ltd. | Healthcare | 1.90% | ₹34.40 Cr | +1.85% | +2.04% | — |
| Tata Consumer Products Ltd. | Consumer Staples | 1.87% | ₹33.73 Cr | +2.08% | +1.95% | +1.93% |
| Axis Bank Ltd. | Financial | 1.85% | ₹33.52 Cr | +2.00% | +2.26% | +1.75% |
| Adani Enterprises Ltd. | Services | 1.84% | ₹33.25 Cr | +3.00% | +1.94% | +1.81% |
| HDFC Life Insurance Co Ltd. | Insurance | 1.81% | ₹32.78 Cr | +1.83% | +1.92% | +2.00% |
| NTPC Ltd. | Energy | 1.81% | ₹32.74 Cr | +1.91% | +2.36% | +2.02% |
| Coal India Ltd. | Materials | 1.80% | ₹32.47 Cr | +1.92% | +2.15% | +1.95% |
| Hindustan Unilever Ltd. | Consumer Staples | 1.80% | ₹32.55 Cr | +1.92% | +2.02% | +2.38% |
| Power Grid Corporation Of India Ltd. | Energy | 1.79% | ₹32.35 Cr | +1.80% | +2.26% | +1.93% |
| HDFC Bank Ltd. | Financial | 1.76% | ₹31.91 Cr | +1.81% | +1.79% | +1.96% |
| Trent Ltd. | Services | 1.75% | ₹31.67 Cr | +2.33% | +1.82% | +1.76% |
| ITC Ltd. | Consumer Staples | 1.74% | ₹31.42 Cr | +1.83% | +1.56% | +2.00% |
| Tata Motors Passenger Vehicles Ltd. | Automobile | 1.74% | ₹31.53 Cr | +2.35% | +2.14% | +2.02% |
| Adani Ports and Special Economic Zone Ltd. | Services | 1.73% | ₹31.37 Cr | +2.49% | +2.05% | +1.92% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | 1.72% | ₹31.03 Cr | +1.92% | +2.03% | +1.91% |
| Others | Others | 0.07% | ₹1.28 Cr | +0.18% | -0.05% | -1.78% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | -0.25% | 0.02% | +0.27% |
| Eternal Ltd. | 2.30% | 2.53% | +0.23% |
| Grasim Industries Ltd. | 1.93% | 2.13% | +0.20% |
| Kotak Mahindra Bank Ltd. | 1.88% | 2.04% | +0.16% |
| Tata Motors Passenger Vehicles Ltd. | 1.90% | 1.74% | -0.16% |
| Bajaj Auto Ltd. | 2.31% | 2.46% | +0.15% |
| Bharat Electronics Ltd. | 1.83% | 1.98% | +0.15% |
| ITC Ltd. | 1.89% | 1.74% | -0.15% |
| Shriram Finance Ltd | 2.00% | 2.15% | +0.15% |
| Bajaj Finance Ltd. | 2.25% | 2.11% | -0.14% |
| SBI Life Insurance Company Ltd. | 2.08% | 1.94% | -0.14% |
| Bharti Airtel Ltd. | 2.05% | 1.91% | -0.14% |
| Titan Company Ltd. | 2.20% | 2.33% | +0.13% |
| Axis Bank Ltd. | 1.73% | 1.85% | +0.12% |
| Power Grid Corporation Of India Ltd. | 1.91% | 1.79% | -0.12% |
| Adani Ports and Special Economic Zone Ltd. | 1.83% | 1.73% | -0.10% |
| Hindalco Industries Ltd. | 1.95% | 2.05% | +0.10% |
| Hindustan Unilever Ltd. | 1.90% | 1.80% | -0.10% |
| JIO Financial Services Ltd. | 2.09% | 1.99% | -0.10% |
| JSW Steel Ltd. | 2.01% | 2.10% | +0.09% |
| NTPC Ltd. | 1.90% | 1.81% | -0.09% |
| HDFC Bank Ltd. | 1.84% | 1.76% | -0.08% |
| Maruti Suzuki India Ltd. | 2.10% | 2.02% | -0.08% |
| Max Healthcare Institute Ltd. | 1.98% | 1.90% | -0.08% |
| State Bank of India | 1.94% | 2.02% | +0.08% |
| Cipla Ltd. | 2.00% | 1.93% | -0.07% |
| Adani Enterprises Ltd. | 1.91% | 1.84% | -0.07% |
| Larsen & Toubro Ltd. | 1.84% | 1.91% | +0.07% |
| Oil And Natural Gas Corporation Ltd. | 1.97% | 1.91% | -0.06% |
| Tata Consultancy Services Ltd. | 2.19% | 2.25% | +0.06% |
| Trent Ltd. | 1.81% | 1.75% | -0.06% |
| Mahindra & Mahindra Ltd. | 2.16% | 2.11% | -0.05% |
| Asian Paints Ltd. | 2.01% | 1.96% | -0.05% |
| Eicher Motors Ltd. | 2.02% | 2.07% | +0.05% |
| ICICI Bank Ltd. | 2.04% | 2.09% | +0.05% |
| Tata Consumer Products Ltd. | 1.92% | 1.87% | -0.05% |
| Ultratech Cement Ltd. | 2.03% | 1.98% | -0.05% |
| Interglobe Aviation Ltd. | 1.94% | 1.98% | +0.04% |
| Tata Steel Ltd. | 1.95% | 1.91% | -0.04% |
| Wipro Ltd. | 2.05% | 2.09% | +0.04% |
| Infosys Ltd. | 2.09% | 2.12% | +0.03% |
| Coal India Ltd. | 1.83% | 1.80% | -0.03% |
| Dr. Reddy's Laboratories Ltd. | 1.69% | 1.72% | +0.03% |
| HCL Technologies Ltd. | 2.36% | 2.33% | -0.03% |
| Bajaj Finserv Ltd. | 2.22% | 2.24% | +0.02% |
| Reliance Industries Ltd. | 1.94% | 1.92% | -0.02% |
| Sun Pharmaceutical Industries Ltd. | 2.07% | 2.09% | +0.02% |
| Nestle India Ltd. | 2.13% | 2.14% | +0.01% |
| Apollo Hospitals Enterprise Ltd. | 2.04% | 2.05% | +0.01% |
| HDFC Life Insurance Co Ltd. | 1.81% | 1.81% | 0.00% |
| Tech Mahindra Ltd. | 2.20% | 2.20% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹2,691 Cr | 0.72% | 5.2% | 7.4% | 12.6% |
 UTI Nifty Next 50 Index Fund | ₹7,547 Cr | 0.87% | 5.1% | 7.3% | 12.5% |
 SBI Nifty Next 50 Index Fund | ₹2,366 Cr | 0.76% | 5.2% | 7.3% | 12.5% |
 DSP Nifty Next 50 Index Fund | ₹1,407 Cr | 1.01% | 5.0% | 7.3% | 12.6% |
 Kotak Nifty Next 50 Index Fund | ₹1,295 Cr | 0.64% | 5.3% | 7.4% | 12.6% |
 Nippon India Nifty Next 50 Junior BeES FoF | ₹840 Cr | 0.30% | 5.7% | 7.7% | 12.9% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate returns that are commensurate (before fees and expenses) with the performance of the NIFTY50 Equal Weight Index TRI (Underlying Index), subject to tracking error.
Fund managers
- Arun AgarwalMr. Agarwal is a B.Com. and Chartered AccountantPrior to joining HDFC Asset Management Company Limited, he has worked with SBI Funds Management Pvt. Ltd., ICICI Bank Limited, UTI Asset Management Pvt. Ltd.
- Nandita MenezesCA (ICAI, INDIA), B.Com (University of Mumbai)Prior to joining HDFC AMC, she was associated with S.V. Ghatalia & Associates LLP.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months3.28% absolute | ₹60,000 | ₹61,968 | 3.28% | |
| 1 year−1.01% annualised | ₹1,20,000 | ₹1,19,346 | −0.55% | |
| 3 years10.37% annualised | ₹3,60,000 | ₹4,23,808 | 17.72% | |
| 5 years10.00% annualised | ₹6,00,000 | ₹7,80,824 | 30.14% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of HDFC NIFTY50 Equal Weight Index Fund?
The NAV of HDFC NIFTY50 Equal Weight Index Fund is ₹17.48 as on 24 Sep 2026.
What is the expense ratio of HDFC NIFTY50 Equal Weight Index Fund?
The expense ratio of HDFC NIFTY50 Equal Weight Index Fund is 0.93% per year.
What is the minimum SIP amount for HDFC NIFTY50 Equal Weight Index Fund?
You can start a SIP in HDFC NIFTY50 Equal Weight Index Fund with ₹3,000 a month.
What returns has HDFC NIFTY50 Equal Weight Index Fund given?
HDFC NIFTY50 Equal Weight Index Fund has returned -5.5% over 1 year, 3.8% over 3 years and 9.6% over 5 years (annualised).
Is there a lock-in or exit load on HDFC NIFTY50 Equal Weight Index Fund?
Lock-in: None. Exit load: 0%.
How risky is HDFC NIFTY50 Equal Weight Index Fund?
HDFC NIFTY50 Equal Weight Index Fund is rated Very High on the SEBI riskometer and belongs to the Large Cap Index category.
Which fund house manages HDFC NIFTY50 Equal Weight Index Fund?
HDFC NIFTY50 Equal Weight Index Fund is managed by HDFC Mutual Fund, which runs 85 schemes with ₹9,61,940 Cr under management.