HDFC Index Fund Nifty 50 Plan is an open ended equity fund under large cap category. Previously this fund was named HDFC Index Nifty Fund. The investment objective of HDFC Index Fund Nifty 50 Plan is to generate stable returns that is suitably in sync with Nifty 50 Plan Index performance. But there is no guarantee on the returns expected.
HDFC Index Fund Nifty 50 Plan was launched on July 17, 2002. Investors are offered with HDFC Index Fund Nifty 50 Plan growth scheme in order to fulfill the investment objective. HDFC Index Fund Nifty 50 Plan exit load is nil if the fund units are switched out or redeemed after 3 days of the allotment date.
Investment Facts of HDFC Index Fund Nifty 50 Plan
- HDFC Index Fund Nifty 50 Plan portfolio allocation focuses on large cap stocks which suitably syncs with the performance of NIFTY 50.
- The last 3 year and 5 year returns of HDFC Index Fund Nifty 50 Plan growth scheme are 15.35% and 16.42% respectively.
- You can opt fot this mutual fund scheme online in India which is very easy.
- The risk profile of HDFC Index Fund Nifty 50 Plan is moderately high.
- The investment in HDFC Index Fund Nifty 50 Plan focuses on stock investments that closely relates to the stock’s weightage in the NIFTY 50 Index.
Top 5 Sectors of HDFC Index Fund NIFTY 50 Plan
Sl No | Holding Name | Net Assets (in %) |
1 | Bank – Private | 26.19 |
2 | IT – Software | 13.62 |
3 | Refineries | 11.42 |
4 | Finance – Housing | 7.53 |
5 | Cigarettes/Tobacco | 5.43 |
Top 10 Holdings of HDFC Index Fund NIFTY 50 Plan
S.No. | Holding Name | Net Assets (in %) |
1 | HDFC Bank Ltd. | 10.63 |
2 | Reliance Industries Ltd. | 9.94 |
3 | Housing Development Fin. Corp. Ltd.$ | 6.92 |
4 | Infosys Limited | 6.02 |
5 | ICICI Bank Ltd. | 5.5 |
6 | ITC Ltd. | 5.43 |
7 | Tata Consultancy Services Ltd. | 4.48 |
8 | Kotak Mahindra Bank Limited | 3.8 |
9 | Larsen and Toubro Ltd. | 3.64 |
10 | Axis Bank Ltd. | 3.24 |
(as on 30/04/2019)
HDFC Index Fund NIFTY 50 Plan Details
Launch Date- July 17, 2002
Fund Manager- Mr. Krishan Kumar Daga
Risk- Moderately High
Benchmark- NIFTY 50 Total Returns Index
Return Since Launch- 15.12%
AUM- Rs. 691.81 crore (as on 31st Mar, 2019)
HDFC Index Fund NIFTY 50 Plan performance table is shown below-
1-Year | 3-Year | 5-Year | 10-Year | |
Fund | 10.35 | 15.35 | 12.88 | 13.11 |
S&P BSE Sensex 50 TRI | 10.19 | 16.42 | 13.8 | 15.24 |
Category | 6.63 | 14.24 | 13.02 | 13.95 |
Rank within Category | 33 | 29 | 34 | 23 |
Number of funds in category | 91 | 76 | 62 | 39 |
As on Apr 30, 2019 |