HDFC NIFTY Next 50 Index Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 60.29 | N/A | N/A | N/A |
Average Rolling Returns(%) | 21.51 | N/A | N/A | N/A |
The Current NAV of HDFC NIFTY Next 50 Index Fund - Growth - Direct Plan is ₹17.23.
It is better to invest in a fund with a longer track record as HDFC NIFTY Next 50 Index Fund - Growth - Direct Plan 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.
HDFC NIFTY Next 50 Index Fund - Growth - Direct Plan fund’s expense ratio is 0.30%
The process for redemption is
The AUM of HDFC NIFTY Next 50 Index Fund - Growth - Direct Plan is currently ₹970 Crores.
The Top three stocks are Bharat Electronics, Trent and Hindustan Aeron and account for 15% of its portfolio. Top 5 and 10 stocks of fund account for 22% and 37% of fund’s portfolio respectively.
Top three sectors of HDFC NIFTY Next 50 Index Fund - Growth - Direct Plan fund are BFSI, Capital Goods and Construction & Infrastructure accounting for 53% 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 HDFC NIFTY Next 50 Index Fund - Growth - Direct Plan Fund is Index Funds - Nifty Next 50.
Nirman Morakhia and Arun Agarwal manage the HDFC NIFTY Next 50 Index Fund - Growth - Direct Plan Fund.
HDFC NIFTY Next 50 Index Fund - Growth - Direct Plan current PE ratio is 57.94 and PB ratio is 13.15
The asset allocation of HDFC NIFTY Next 50 Index Fund - Growth - Direct Plan is Stocks : 100.14%, Debt : -0.15% and Gold : 0%
The minimum SIP amount for HDFC NIFTY Next 50 Index Fund - Growth - Direct Plan is ₹100.00 and minimum lumpsum is ₹100.00
The exit load for HDFC NIFTY Next 50 Index Fund - Growth - Direct Plan is Nil