HSBC NIFTY NEXT 50 INDEX FUND - Regular Growth Invest Now
Fund Manager: Praveen Ayathan, Rajeesh Nair    |     Index Fund    |     NIFTY Next 50 TRI

31.9129 0.73 (2.29 %)

NAV as on 08-10-2024

14.01 Cr

AUM as on 30-08-2024

Fund House: HSBC Mutual Fund

Rtn ( Since Inception )

29.04%

Inception Date

Apr 16, 2020

Expense Ratio

0.8%

Fund Status

Open Ended Scheme

Min. Investment

5,000

Min. Topup

1,000

Min. SIP Amount

1000

Risk Status

very high

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.