HSBC NIFTY NEXT 50 Index Fund
HSBC Mutual Fund · Index Fund · Direct plan, growth option
NAV (₹), 1 Oct 2026
30.2913
1-day change
-1.10%
1Y return
1.6%
3Y CAGR
15.5%
5Y CAGR
n/a
Max drawdown, 5Y
n/a
NAV history month-end NAV, ₹ · 28 Nov 2022 to 1 Oct 2026
Returns vs Index Fund median (265 schemes) and “Nifty Next 50” median (19)
| Period | Scheme | Category median | Nifty Next 50 median |
|---|---|---|---|
| 1 month | -5.3% | -6.5% | -5.3% |
| 3 months | -4.1% | -5.1% | -4.1% |
| 6 months | 11.5% | 5.5% | 11.8% |
| Year to date | -0.3% | -6.8% | 0.0% |
| 1 year | 1.6% | -3.0% | 1.9% |
| 3 years (CAGR) | 15.5% | 8.7% | 15.8% |
| 5 years (CAGR) | n/a | 7.6% | 10.7% |
| 7 years (CAGR) | n/a | 11.1% | 14.7% |
| 10 years (CAGR) | n/a | 10.9% | 12.1% |
| Since first NAV (CAGR) | 13.4% | – | – |
“Nifty Next 50” is MFIC's grouping of Index Fund schemes by the theme or index in their names, not an AMFI category.
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 10.1% | 7.2% |
| 3Y rolling median | 18.7% | 16.3% |
| 3Y rolling worst | 15.3% | 8.4% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | n/a | 13.7% |
| 5Y rolling worst | n/a | 6.4% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 20.3% | 17.3% |
| Sharpe ratio | 0.49 | 0.21 |
| Sortino ratio | 0.74 | 0.30 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −26.6% | −18.8% |
| Maximum drawdown, last 10Y | n/a | −38.1% |
| Maximum drawdown, last 5Y | n/a | −17.6% |
| Current drawdown | −10.8% | −11.0% |
| Recovery time of worst fall | n/a | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Market context from Integrato Market Intelligence
This scheme aim to track the market below, so its level, valuation and recent path are the main drivers of returns.
68,981.35 −1.10%
NSE close, 1 Oct 2026
- P/E 18.1: higher than 2% of days since 2023 (median 21.9)
- 1Y +1.4% · 3Y +15.2% p.a. · 5Y +10.2% p.a. (index fund NAV, after costs)
- −7.7% from its 52-week high
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 0.81% a year and the Direct plan's 0.46%, a gap of 0.35%; over the last 3 years the Direct plan returned 0.48 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹8,95,870.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Recent disclosure changes last 120 days, as disclosed via AMFI
- 1 Oct 2026: TER increased from 0.41% to 0.46% (AMFI TER disclosure)
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Praveen Ayathan | 15 Apr 2020 | |
| Rajeesh Nair | 1 Oct 2023 |
Objective: The scheme has adopted a passive investment strategy. The scheme invests in stocks comprising the Nifty 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. The Total Returns Index is an index that reflects the returns on the index from index gain/ loss plus dividend payments by the constituent stocks.
Stated asset allocation: Equity and equity related securities covered by Nifty Next 50 Index: 95% -100% Debt & Money Market Instruments* : 0%-5%
Benchmark (tier 1): Nifty Next 50 Index TRI
Exit load: If the Units redeemed or switched out are upto 10% of the units purchased or switched in (“the limit”) within 1 month from the date of allotment. – Nil. If units redeemed or switched out are over and above the limit within 1 month from the date of allotment – 1%. If units are redeemed or switched out on or after 1 month from the date of allotment – Nil
Minimum application: 5000 Note - Fresh/ additional subscriptions through lumpsum purchases, switches and fresh registration of systematic transactions such as Systematic Investment Plan (“SIP”), Systematic Transfer Plan (“STP”)-in, etc. under the IDCW Option of Direct and Regular Plan (including Reinvestment of IDCW and Payout of IDCW) of the fund is suspended with effect from September 01, 2026 ("Effective Date") till further notice.
Allotment date: 15 Apr 2020
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | 0.46% | 0.46% |
| AUM, whole scheme (₹ crore) | 184 | 175 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 3.1% | 3.7% TRI |
| Return, 3 years (AMFI) | 15.9% | 16.6% TRI |
| Return, 5 years (AMFI) | 10.7% | 11.4% TRI |
Official benchmark: Nifty Next 50 TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Index Fund Direct plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | -0.3% | n/a | – |
| 2025 | 2.4% | n/a | – |
| 2024 | 27.4% | n/a | – |
| 2023 | 26.7% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,19,483 | -0.8% |
| 3 years | ₹3,60,000 | ₹3,87,065 | 4.8% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
AMC: HSBC Mutual Fund
Category: Index Fund
Plan / option: Direct · Growth
AMFI scheme code: 151160
ISIN: INF917K01D79
First NAV in MFIC data: 28 Nov 2022
History: 3.8 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| SBI Nifty Next 50 Index Fund | Index Fund | 1.00 | 15.8% |
| HDFC NIFTY Next 50 index Fund | Index Fund | 1.00 | 15.6% |
| LIC MF Nifty Next 50 Index Fund | Index Fund | 1.00 | 15.9% |
| UTI - Nifty Next 50 Index Fund | Index Fund | 1.00 | 15.9% |
| DSP Nifty Next 50 Index Fund | Index Fund | 1.00 | 15.8% |
| ICICI Prudential Nifty Next 50 Index Fund | Index Fund | 1.00 | 15.6% |
Questions about HSBC NIFTY NEXT 50 Index Fund
- What is the latest NAV of HSBC NIFTY NEXT 50 Index Fund?
- The NAV of the Direct plan (growth option) was ₹30.2913 on 1 Oct 2026, as published by AMFI.
- Which category is HSBC NIFTY NEXT 50 Index Fund in?
- It is classified as Index Fund in AMFI's daily NAV file; a Index Fund scheme passively tracks a stated index. MFIC compares it with 265 Index Fund schemes (Direct plans).
- What returns has HSBC NIFTY NEXT 50 Index Fund delivered?
- Over one year the NAV changed by 1.6%. The 3-year CAGR is 15.5% (category median 8.7%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 18.7%, the lowest was 15.3%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in HSBC NIFTY NEXT 50 Index Fund's NAV?
- The largest peak-to-trough fall in its available history was 26.6%.
- How volatile is HSBC NIFTY NEXT 50 Index Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 20.3%, which is above the Index Fund category median of 17.3%.
- What would a monthly SIP in HSBC NIFTY NEXT 50 Index Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 3 years (36 instalments, ₹3,60,000 invested) would have been worth about ₹3,87,065 on 1 Oct 2026, an annualised return (XIRR) of 4.8%. This uses the Direct plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of HSBC NIFTY NEXT 50 Index Fund?
- The total expense ratio of the Direct plan is 0.46% a year, as disclosed to AMFI (median of Index Fund Direct plans: 0.46%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is HSBC NIFTY NEXT 50 Index Fund?
- Assets under management of the whole scheme were ₹184 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of HSBC NIFTY NEXT 50 Index Fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of HSBC NIFTY NEXT 50 Index Fund and how has it compared?
- Its official benchmark is the Nifty Next 50 TRI. Over 3 years AMFI reports a return of 15.9% for this plan against 16.6% for the benchmark total return index; over 5 years 10.7% against 11.4%. Past performance does not indicate future results.
- Who manages HSBC NIFTY NEXT 50 Index Fund?
- According to its Scheme Summary Document, HSBC NIFTY NEXT 50 Index Fund is managed by Praveen Ayathan (since 15 Apr 2020), Rajeesh Nair (since 1 Oct 2023).
- What is the exit load of HSBC NIFTY NEXT 50 Index Fund?
- As stated in its scheme documents: If the Units redeemed or switched out are upto 10% of the units purchased or switched in (“the limit”) within 1 month from the date of allotment. – Nil. If units redeemed or switched out are over and above the limit within 1 month from the date of allotment – 1%. If units are redeemed or switched out on or after 1 month from the date of allotment – Nil Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in HSBC NIFTY NEXT 50 Index Fund?
- The minimum application amount is 5000 Note - Fresh/ additional subscriptions through lumpsum purchases, switches and fresh registration of systematic transactions such as Systematic Investment Plan (“SIP”), Systematic Transfer Plan (“STP”)-in, etc. under the IDCW Option of Direct and Regular Plan (including Reinvestment of IDCW and Payout of IDCW) of the fund is suspended with effect from September 01, 2026 ("Effective Date") till further notice.. SIP details: SIP - 500 Daily 6; 500 Weekly 6; 500 Monthly 6; 1500 Quarterly 4; Minimum Aggregate Amount: Rs. 6,000/- in multiples of Re.1. SWP - 500 STP - 500;The minimum amount required under the source scheme for registering STP is Rs. 6,000. Note - Fresh/ additional subscriptions through lumpsum purchases, switches and fresh registration of systematic transactions such as Systematic Investment Plan (“SIP”), Systematic Transfer Plan (“STP”)-in, etc. under the IDCW Option of Direct and Regular Plan (includ….
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 1.6% and the Regular plan's by 1.2%. The Regular plan includes the services of a distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Direct plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.