HDFC BSE 500 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV as on 23-12-2024
₹ 15.05
1D
Inception Returns
27.6%
/yr
About HDFC BSE 500 Index Fund Direct Growth
HDFC BSE 500 Index Fund Direct Growth is an equity fund. This fund was started on 21 April, 2023. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- HDFC BSE 500 Index Fund Direct Growth has ₹196 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
HDFC BSE 500 Index Fund Direct Growth has given a CAGR return of 27.56% since inception. Over the last 1 year the fund has given a CAGR return of 18.55%.
Holdings
HDFC BSE 500 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Tech, Basic Materials, Energy, Consumer Defensive, Health, Utilities, Communication, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Infosys Ltd, ITC Ltd
Taxation
As it is a index funds mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of HDFC BSE 500 Index Fund Direct Growth
To generate returns that are commensurate (before fees and expenses) with the performance of the BSE 500 Index, subject to tracking error. There is no assurance that the investment objective of the Scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. HDFC BSE 500 Index Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
2264 people have invested ₹ 60.3L in HDFC BSE 500 Index Fund Direct Growth in the last three months
HDFC BSE 500 Index Fund Direct Growth Overview
| Expense ratio | 0.3% |
Benchmark | BSE 500 TR INR |
| AUM | ₹196 Cr |
| Inception Date | 21 April, 2023 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 0% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Fund Distribution
as on (30-Nov-24)
Large cap
71.9%
Mid cap
18.1%
Small cap
10%
Sector Allocation
Financial Services
28.3%
Industrial
11.3%
Consumer Cyclical
11.1%
Tech
11.1%
Basic Materials
8.5%
Energy
7.4%
Consumer Defensive
7.3%
Health
6.3%
Utilities
4.1%
Communication
3.4%
Real Estate
1.3%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at 0.01% whereas the fund’s underlying benchmark Nifty 50 returns stands at -0.71% as on Nov'24
- This fund outperformed Nifty 50 by 0.72% in Nov'24
- AUM of the fund stands at 184 Cr as of Nov'24
- AUM decreased by 1.6 Cr between Nov'24 and Oct'24
Top Stocks bought last month
Hindustan Aeronautics Ltd Ordinary Shares's allocation increased from 0.24% to 0.43%
Cochin Shipyard Ltd's allocation increased from 0.03% to 0.06%
Varun Beverages Ltd's allocation increased from 0.38% to 0.39%
Top Stocks sold last month
Nestle India Ltd's allocation decreased from 0.6 % to 0.44 %
Canara Bank's allocation decreased from 0.25 % to 0.19 %
Bharat Dynamics Ltd Ordinary Shares's allocation decreased from 0.05 % to 0.05 %
Mid Cap allocation has gone up from 18% to 18.1%
Large Cap allocation has gone down from 72% to 71.9%
Small Cap allocation has gone down from 10% to 10%
Cash allocation has gone up from -0.1% to 0.1%
Top 3 Sectors in November were Financial Services, Industrial & Consumer Cyclical
Nov'24
Financial Services
28%
Industrial
11%
Consumer Cyclical
11%
Oct'24
Financial Services
28%
Industrial
11%
Consumer Cyclical
11%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 7.13% | 5.9% | |
 ICICI Bank Ltd | 4.95% | 5.9% | |
 Reliance Industries Ltd | 4.91% | 5.9% | |
 Infosys Ltd | 3.46% | 5.9% | |
 ITC Ltd | 2.46% | 5.9% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Infosys Ltd | 6.1% |
 Tata Consultancy Services Ltd | 4.9% |
 HDFC Bank Ltd | 3% |
Loading...
We are taking more time than usual
Fund House
HDFC Asset Management Co Ltd
Total Schemes
Total AUM
₹7.98L Cr
as on 29-Nov-2024
Address
HDFC Asset Management Company Limited,“HUL House”, 2nd Floor,,H.T. Parekh Marg,165-166, Backbay Reclamation,,Churchgate,
Phone
+912266316333
Website
cliser@hdfcfund.com
HDFC BSE 500 Index Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 27.56% since inception which is more than its category average return of 14.71%
Fund Allocations
This fund has an allocation of 99.93% in Equity, 0% in Debt and 0.07% in Cash related instruments
AUM size ₹196 Cr
This fund has AUM of ₹196 Cr which is less than its category average of ₹ 824 Cr
Expense Ratio 0.3%
This fund has an expense ratio of 0.3% which is less than its category average expense ratio of 0.56%
Frequently Asked Questions for HDFC BSE 500 Index Fund Direct Growth
The current NAV of HDFC BSE 500 Index Fund Direct Growth is ₹15.05 as on 23-Dec-2024.
Existing (Absolute + CAGR) as on 23-Dec-2024.
HDFC BSE 500 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.22% | 1.22% |
6 Month Returns | -0.17% | -0.17% |
1 Year Returns | 18.55% | 18.55% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.3% as on November 2024
₹196 Cr as on November 2024
HDFC Bank Ltd(7.13%), ICICI Bank Ltd(4.95%), Reliance Industries Ltd(4.91%), Infosys Ltd(3.46%), ITC Ltd(2.46%) as on November 2024
Financial Services(28.25%), Industrial(11.26%), Consumer Cyclical(11.1%) as on November 2024
The alpha ratio for the HDFC BSE 500 Index Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
HDFC BSE 500 Index Fund Direct Growth | - | - | - |
As on November 2024
The alpha for HDFC BSE 500 Index Fund Direct Growth is calculated against BSE 500 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the HDFC BSE 500 Index Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
HDFC BSE 500 Index Fund Direct Growth | - | - | - |
As on November 2024
The Beta for HDFC BSE 500 Index Fund Direct Growth is calculated with BSE 500 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the HDFC BSE 500 Index Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
HDFC BSE 500 Index Fund Direct Growth | 1.37 | - | - |
As on November 2024
The sharpe ratio for HDFC BSE 500 Index Fund Direct Growth is calculated with BSE 500 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the HDFC BSE 500 Index Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
HDFC BSE 500 Index Fund Direct Growth | 12.64 | - | - |
As on November 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
The Exit load of HDFC BSE 500 Index Fund Direct Growth is 0%