Fundalysisby DARKHORSESTOCKS

Scheme

HSBC Nifty 50 Index Fund

Holds 50 companies worth ₹371 Cr in Sept 2026.

  • Fund house

    HSBCThe fund house that runs this scheme.

  • AUM

    ₹371 CrHSBC Nifty 50 Index Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 5.4% on Aug 2026, ₹392 Cr.

  • Largest holding

    HDFC BankHDFC Bank is 10.4% of this scheme's NAV.

  • Fund manager

    Praveen AyathanRuns it since 15 Apr 2020, as the fund house dates it. With Rajeesh Nair (fund manager).

Overview(16 Sept 2026)

Fund managers2

  1. Praveen AyathanFund manager · Apr 2020 · 34y
  2. Rajeesh NairFund manager · Oct 2023 · 15y · B.Com

    Key facts

    Benchmark
    Nifty 50 Index TRI
    Risk
    Very High
    Expense
    Regular 0.42% · Direct 0.22%
    Exit load
    10% within 1 month
    Started
    15 Apr 2020
    Minimum
    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.

    Source.Its Scheme Summary Document as of 16 Sept 2026 at AMFI.

    What changed(3 changes)

    Jan 2026

    1 change
    1. Expense ratio
      13 JanRegular 0.43% → 0.38%

    Sept 2025

    1 change
    1. Expense ratio
      10 SeptRegular 0.44% → 0.43%Direct 0.19% → 0.18%

    Apr 2025

    1 change
    1. Expense ratio
      1 AprRegular 0.45% → 0.44%Direct 0.2% → 0.19%

    Source.Its filings at NSE, since Sept 2024.

    Fund managers over time(Apr 2020 – now)

    1. Praveen Ayathan
    2. Rajeesh Nair
    MainCoSlice202120222023202420252026
    Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

    Costs(Sept 2024 – Sept 2026)

    Every change to the expense ratio, newest first.
    4 changesRegularDirectΔ pt
    13 Jan 20260.38%0.18%0
    10 Sept 20250.43%0.18%0.01
    1 Apr 20250.44%0.19%0.01
    16 Sept 20240.45%0.20%–
    Direct plan, 13 Jan 2026
    0.18%
    Regular plan 0.38% · Exit load 10% within 1 month
    Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

    Objective and risk(16 Sept 2026)

    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 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.

    Risk, type and benchmark

    Riskometer
    Very High
    At launch
    Very High
    Type
    An open-ended Equity Scheme tracking NIFTY 50 Index
    Benchmark
    Nifty 50 Index TRI

    Asset allocation it may hold% of NAV

    1. Equity and equity related securities covered by Nifty 50 Index
      Allowed95–100%Holds100.0%
    2. Debt & Money Market Instruments
      Allowed0–5%Holds0.0%

    Holds in Sept 2026.100.0% equity

    How to invest(16 Sept 2026)

    Buying

    To start
    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., then in multiples of ₹1
    To add
    1000 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., then in multiples of ₹1
    Systematic
    SIP - Daily (All Business Days from Monday to Friday), Weekly (Any Day from Monday to Friday), Monthly, Quarterly; SWP - Monthly, Quarterly, Half Year, Annual; STP - Daily (Business Days), Weekly, Fortnightly, Monthly, Quarterly 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.
    Dates
    SIP - Daily (Daily SIP will be processed from Monday to Friday. In case of a non-business day falling between Monday to Friday (both days inclusive) then the daily SIP installment for that day will not be processed on the next business day.); Weekly - Any day from Monday to Friday; Other than daily and weekly - Any Date, SWP and STP - Any Dates 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.
    Minimum
    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 (including Reinvestment of IDCW and Payout of IDCW) of the fund is suspended with effect from September 01, 2026 ("Effective Date") till further notice., then 1 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.
    Instalments
    SIP - Daily 6; Weekly 6; Monthly 6; Quarterly 4 SWP - 12 STP - 6 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.

    Selling and switching

    To redeem
    ₹500 or 50 units
    Switch minimum
    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.

    Scheme details(16 Sept 2026)

    What it is

    Category
    Open Ended-Other- Index
    Offer
    24 Mar 2020 to 7 Apr 2020
    Started
    15 Apr 2020
    Reopened
    17 Apr 2020
    Plans
    HSBC Nifty 50 Index Fund FUND - Direct Plan - Growth Option · HSBC Nifty 50 Index Fund FUND - Direct Plan - IDCW · HSBC Nifty 50 Index Fund FUND - Regular Plan - Growth Option · HSBC Nifty 50 Index Fund FUND - Regular Plan - IDCW
    Face value
    ₹10
    Listed
    No

    How it is run

    Swing pricing
    No
    Side-pocketing
    No
    Custodian
    HDFC Bank Limited
    Auditor
    M/s. Price Waterhouse, Chartered Accountants LLP
    Registrar
    Computer Age Management Services Limited
    SEBI code
    LTMF/O/O/EIN/19/10/0032