HSBC Nifty Next 50 Index Fund
Large Cap IndexVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹31.08+1.57%1 day
- Return since launch
- 18.2%
- 52-week range
- ₹25.80 — ₹31.92
- AUM
- ₹184 Cr
HSBC Nifty Next 50 Index Fund is a Large Cap Index equity fund from HSBC Mutual Fund with ₹184 Cr under management, launched in 2020. Over three years it has returned 6.6% a year, against 11.6% for its category. The expense ratio is 0.81% and the SEBI riskometer reading is Very High.
Performance
HSBC Nifty Next 50 Index Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +4.5% against -2.1% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 8.2% | +8.0 pts | 0.2% | 5.0% |
| 2Y | 6.9% | +2.8 pts | 4.1% | 3.1% |
| 3Y | 6.6% | −5.0 pts | 11.6% | 3.9% |
| 5Y | 12.1% | +3.3 pts | 8.8% | 7.5% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 6.5% | −3.5 pts | 10.0% | 10.9% |
| 3M | -2.6% | −2.5 pts | -0.1% | 1.0% |
| 6M | 3.8% | −0.6 pts | 4.4% | 5.2% |
| 1Y | 4.5% | +4.3 pts | 0.2% | -2.1% |
| 2Y | 1.9% | 0.0 pts | 1.9% | 2.0% |
| 3Y | 16.5% | +4.9 pts | 11.6% | 9.5% |
| 5Y | 10.4% | +1.7 pts | 8.8% | 7.2% |
Since launch (24 Mar 2020): 18.2%
Calendar-year returns
Category average29.6%
-0.3%
26.1%
26.6%
1.9%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 1.9% | −6.7 pts | 8.6% |
| 2024 | 26.6% | +12.2 pts | 14.4% |
| 2023 | 26.1% | +1.3 pts | 24.8% |
| 2022 | -0.3% | −4.4 pts | 4.1% |
| 2021 | 29.6% | +2.7 pts | 26.9% |
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
0.80%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.58%
- Brokerage
- 0.01%
- Transaction charges
- 0.00%
- Statutory levies
- 0.21%
- Exit load
- Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 1 month.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY Next 50 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 | 5.41 | 5.71 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 1.27 | 1.27 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.53 | 0.54 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.71 | 0.73 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 20.36 | 20.40 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
HSBC Nifty Next 50 Index Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity100.0%
- Other0.1%
Market cap split
- Large95.3%
- Mid4.7%
- P/E
- 17.93
- P/B
- 3.22
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Divi's Laboratories Ltd. | Healthcare | 4.83% | ₹8.91 Cr | +3.41% | +3.54% | +3.19% |
| TVS Motor Company Ltd. | Automobile | 3.95% | ₹7.28 Cr | +3.32% | +3.70% | +3.56% |
| Hindustan Aeronautics Ltd. | Capital Goods | 3.62% | ₹6.68 Cr | +3.39% | +3.10% | +3.97% |
| Tata Motors Ltd. | Automobile | 3.61% | ₹6.65 Cr | +3.61% | +3.87% | — |
| Adani Power Ltd. | Energy | 3.47% | ₹6.40 Cr | +3.79% | +2.92% | +2.51% |
| Samvardhana Motherson International Ltd. | Automobile | 2.95% | ₹5.44 Cr | +2.67% | +2.18% | +2.07% |
| Torrent Pharmaceuticals Ltd. | Healthcare | 2.89% | ₹5.33 Cr | +1.98% | +2.07% | +1.66% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 2.88% | ₹5.30 Cr | +3.16% | +2.72% | +2.99% |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 2.87% | ₹5.29 Cr | — | — | — |
| Cummins India Ltd. | Capital Goods | 2.63% | ₹4.85 Cr | +3.12% | +2.85% | — |
| Avenue Supermarts Ltd. | Services | 2.51% | ₹4.63 Cr | +2.88% | +2.73% | +2.90% |
| Bharat Petroleum Corporation Ltd. | Energy | 2.49% | ₹4.59 Cr | +2.51% | +2.67% | +2.90% |
| Tata Power Company Ltd. | Energy | 2.47% | ₹4.55 Cr | +2.63% | +2.97% | +2.88% |
| Varun Beverages Ltd. | Consumer Staples | 2.42% | ₹4.46 Cr | +2.83% | +2.46% | +2.65% |
| CG Power and Industrial Solutions Ltd. | Capital Goods | 2.40% | ₹4.42 Cr | +2.67% | +2.11% | +2.24% |
| Britannia Industries Ltd. | Consumer Staples | 2.33% | ₹4.29 Cr | +2.48% | +2.99% | +3.11% |
| Indian Oil Corporation Ltd. | Energy | 2.06% | ₹3.80 Cr | +2.13% | +2.37% | +2.47% |
| Solar Industries India Ltd. | Chemicals | 1.96% | ₹3.62 Cr | +1.86% | +1.38% | +1.43% |
| Power Finance Corporation Ltd. | Financial | 1.94% | ₹3.58 Cr | +2.52% | +2.59% | +2.63% |
| Bajaj Holdings & Investment Ltd. | Financial | 1.91% | ₹3.52 Cr | +1.87% | +1.77% | +2.34% |
| HDFC Asset Management Company Ltd. | Financial | 1.91% | ₹3.51 Cr | +2.21% | +2.12% | — |
| GAIL (India) Ltd. | Energy | 1.88% | ₹3.47 Cr | +1.91% | +1.74% | +2.10% |
| Vedanta Ltd. | Metals & Mining | 1.87% | ₹3.44 Cr | +1.94% | +5.21% | +3.48% |
| Pidilite Industries Ltd. | Chemicals | 1.86% | ₹3.43 Cr | +2.02% | +1.87% | +2.01% |
| DLF Ltd. | Construction | 1.77% | ₹3.26 Cr | +1.62% | +1.52% | +2.02% |
| Adani Energy Solutions Ltd. | Energy | 1.76% | ₹3.24 Cr | +2.00% | +1.52% | +1.33% |
| Polycab India Ltd. | Capital Goods | 1.76% | ₹3.24 Cr | — | — | — |
| Wipro Ltd. | Technology | 1.76% | ₹3.24 Cr | — | — | — |
| Adani Green Energy Ltd. | Capital Goods | 1.75% | ₹3.23 Cr | +2.04% | +1.27% | +1.39% |
| Bank Of Baroda | Financial | 1.75% | ₹3.23 Cr | +2.06% | +2.15% | +2.10% |
| Jindal Steel Ltd. | Metals & Mining | 1.72% | ₹3.18 Cr | +1.60% | +1.93% | +1.75% |
| Bosch Ltd. | Automobile | 1.67% | ₹3.08 Cr | +1.41% | +1.17% | +1.46% |
| Canara Bank | Financial | 1.64% | ₹3.03 Cr | +1.72% | +1.95% | +1.84% |
| Hitachi Energy India Ltd. | Capital Goods | 1.60% | ₹2.94 Cr | — | — | — |
| Punjab National Bank | Financial | 1.59% | ₹2.94 Cr | +1.50% | +1.62% | +1.72% |
| LTM Limited | Technology | 1.54% | ₹2.83 Cr | +1.34% | +1.75% | +2.11% |
| ABB India Ltd. | Capital Goods | 1.46% | ₹2.68 Cr | +1.51% | +1.46% | +1.20% |
| Vodafone Idea Ltd. | Communication | 1.46% | ₹2.69 Cr | — | — | — |
| Godrej Consumer Products Ltd. | Consumer Staples | 1.40% | ₹2.58 Cr | +1.66% | +1.86% | +2.07% |
| Siemens Ltd. | Capital Goods | 1.35% | ₹2.48 Cr | +1.30% | +1.22% | +1.22% |
| Union Bank of India | Financial | 1.35% | ₹2.49 Cr | +1.36% | +1.49% | — |
| Muthoot Finance Ltd. | Financial | 1.20% | ₹2.21 Cr | +1.31% | +1.59% | — |
| Hyundai Motor India Ltd. | Automobile | 1.18% | ₹2.18 Cr | +1.11% | +1.19% | +1.62% |
| Zydus Lifesciences Ltd. | Healthcare | 1.18% | ₹2.17 Cr | +1.14% | +1.02% | +1.08% |
| Siemens Energy India Ltd. | Energy | 1.16% | ₹2.14 Cr | +1.33% | +1.06% | +1.34% |
| Hindustan Zinc Ltd. | Metals & Mining | 1.11% | ₹2.05 Cr | +1.05% | +1.02% | +0.92% |
| Ambuja Cements Ltd. | Materials | 0.95% | ₹1.76 Cr | +1.07% | +1.15% | +1.57% |
| Tata Capital Ltd. | Financial | 0.74% | ₹1.36 Cr | +0.75% | +0.62% | — |
| Indian Railway Finance Corporation Ltd. | Financial | 0.73% | ₹1.34 Cr | +0.74% | +0.82% | +0.97% |
| Mazagon Dock Shipbuilders Ltd. | Capital Goods | 0.66% | ₹1.21 Cr | +0.77% | +0.74% | +0.92% |
| Others | Others | 0.05% | ₹0.07 Cr | -0.16% | -0.88% | -0.74% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Vedanta Aluminium Metal Ltd. | 0.00% | 2.87% | +2.87% |
| The Indian Hotels Company Ltd. | 2.55% | 0.00% | -2.55% |
| Polycab India Ltd. | 0.00% | 1.76% | +1.76% |
| Wipro Ltd. | 0.00% | 1.76% | +1.76% |
| United Spirits Ltd. | 1.73% | 0.00% | -1.73% |
| Hitachi Energy India Ltd. | 0.00% | 1.60% | +1.60% |
| REC Ltd. | 1.59% | 0.00% | -1.59% |
| Vodafone Idea Ltd. | 0.00% | 1.46% | +1.46% |
| Lodha Developers Ltd. | 1.31% | 0.00% | -1.31% |
| Shree Cement Ltd. | 1.22% | 0.00% | -1.22% |
| Cholamandalam Investment and Finance Company Ltd. | 3.16% | 2.88% | -0.28% |
| Tata Motors Ltd. | 3.87% | 3.61% | -0.26% |
| Varun Beverages Ltd. | 2.16% | 2.42% | +0.26% |
| Adani Power Ltd. | 3.23% | 3.47% | +0.24% |
| Pidilite Industries Ltd. | 2.06% | 1.86% | -0.20% |
| Tata Power Company Ltd. | 2.28% | 2.47% | +0.19% |
| HDFC Asset Management Company Ltd. | 2.10% | 1.91% | -0.19% |
| Adani Green Energy Ltd. | 1.60% | 1.75% | +0.15% |
| ABB India Ltd. | 1.58% | 1.46% | -0.12% |
| LTM Limited | 1.66% | 1.54% | -0.12% |
| Britannia Industries Ltd. | 2.43% | 2.33% | -0.10% |
| Bharat Petroleum Corporation Ltd. | 2.59% | 2.49% | -0.10% |
| Divi's Laboratories Ltd. | 4.74% | 4.83% | +0.09% |
| Cummins India Ltd. | 2.71% | 2.63% | -0.08% |
| Mazagon Dock Shipbuilders Ltd. | 0.74% | 0.66% | -0.08% |
| Union Bank of India | 1.43% | 1.35% | -0.08% |
| CG Power and Industrial Solutions Ltd. | 2.47% | 2.40% | -0.07% |
| Adani Energy Solutions Ltd. | 1.83% | 1.76% | -0.07% |
| Bajaj Holdings & Investment Ltd. | 1.98% | 1.91% | -0.07% |
| Indian Railway Finance Corporation Ltd. | 0.66% | 0.73% | +0.07% |
| Hyundai Motor India Ltd. | 1.24% | 1.18% | -0.06% |
| Muthoot Finance Ltd. | 1.26% | 1.20% | -0.06% |
| TVS Motor Company Ltd. | 4.01% | 3.95% | -0.06% |
| Siemens Ltd. | 1.40% | 1.35% | -0.05% |
| Bosch Ltd. | 1.71% | 1.67% | -0.04% |
| Canara Bank | 1.68% | 1.64% | -0.04% |
| Punjab National Bank | 1.55% | 1.59% | +0.04% |
| Torrent Pharmaceuticals Ltd. | 2.93% | 2.89% | -0.04% |
| Zydus Lifesciences Ltd. | 1.14% | 1.18% | +0.04% |
| Siemens Energy India Ltd. | 1.12% | 1.16% | +0.04% |
| Avenue Supermarts Ltd. | 2.47% | 2.51% | +0.04% |
| Hindustan Aeronautics Ltd. | 3.59% | 3.62% | +0.03% |
| Ambuja Cements Ltd. | 0.98% | 0.95% | -0.03% |
| DLF Ltd. | 1.74% | 1.77% | +0.03% |
| Godrej Consumer Products Ltd. | 1.43% | 1.40% | -0.03% |
| Solar Industries India Ltd. | 1.93% | 1.96% | +0.03% |
| Jindal Steel Ltd. | 1.74% | 1.72% | -0.02% |
| Samvardhana Motherson International Ltd. | 2.97% | 2.95% | -0.02% |
| Others | -0.01% | 0.01% | +0.02% |
| Hindustan Zinc Ltd. | 1.13% | 1.11% | -0.02% |
| Indian Oil Corporation Ltd. | 2.05% | 2.06% | +0.01% |
| Bank Of Baroda | 1.74% | 1.75% | +0.01% |
| Power Finance Corporation Ltd. | 1.93% | 1.94% | +0.01% |
| Tata Capital Ltd. | 0.73% | 0.74% | +0.01% |
| Vedanta Ltd. | 1.86% | 1.87% | +0.01% |
| GAIL (India) Ltd. | 1.88% | 1.88% | 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 | ₹2,611 Cr | 0.74% | 8.3% | 6.9% | 12.4% |
 UTI Nifty Next 50 Index Fund | ₹7,295 Cr | 0.90% | 8.4% | 6.9% | 12.3% |
 SBI Nifty Next 50 Index Fund | ₹2,318 Cr | 0.80% | 8.4% | 6.9% | 12.3% |
 DSP Nifty Next 50 Index Fund | ₹1,350 Cr | 1.03% | 8.3% | 6.9% | 12.4% |
 Kotak Nifty Next 50 Index Fund | ₹1,289 Cr | 0.68% | 8.5% | 7.0% | 12.4% |
 Nippon India Nifty Next 50 Junior BeES FoF | ₹801 Cr | 0.30% | 7.6% | 6.8% | 12.5% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to 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.
Fund managers
- Praveen AyathanMr. Praveen is a B.Sc (Mathematics).Prior to joining HSBC Mutual Fund, he has worked with L&T MF, Kotak Mahindra AMC and Dalal & Broacha Stock Broking Pvt. Ltd.
- Rajeesh NairMr. Nair has done B.Com and CAPrior to joining HSBC Mutual Fund, he has worked with L&T Investment Management Ltd and IDFC Mutual FundIDFC Mutual Fund
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 months3.80% absolute | ₹60,000 | ₹62,280 | 3.80% | |
| 1 year4.46% annualised | ₹1,20,000 | ₹1,22,939 | 2.45% | |
| 3 years16.52% annualised | ₹3,60,000 | ₹4,68,304 | 30.08% | |
| 5 years10.44% annualised | ₹6,00,000 | ₹7,90,258 | 31.71% |
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 HSBC Nifty Next 50 Index Fund?
The NAV of HSBC Nifty Next 50 Index Fund is ₹31.08 as on 9 Nov 2026.
What is the expense ratio of HSBC Nifty Next 50 Index Fund?
The expense ratio of HSBC Nifty Next 50 Index Fund is 0.81% per year.
What is the minimum SIP amount for HSBC Nifty Next 50 Index Fund?
You can start a SIP in HSBC Nifty Next 50 Index Fund with ₹3,000 a month.
What returns has HSBC Nifty Next 50 Index Fund given?
HSBC Nifty Next 50 Index Fund has returned 8.2% over 1 year, 6.6% over 3 years and 12.1% over 5 years (annualised).
Is there a lock-in or exit load on HSBC Nifty Next 50 Index Fund?
Lock-in: None. Exit load: Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 1 month..
How risky is HSBC Nifty Next 50 Index Fund?
HSBC Nifty Next 50 Index Fund is rated Very High on the SEBI riskometer and belongs to the Large Cap Index category.
Which fund house manages HSBC Nifty Next 50 Index Fund?
HSBC Nifty Next 50 Index Fund is managed by HSBC Mutual Fund, which runs 44 schemes with ₹1,58,065 Cr under management.