DSP Nifty Next 50 ETF vs HSBC NIFTY Next 50 Index Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
DSP Nifty Next 50 ETF is a mutual fund and HSBC NIFTY Next 50 Index Fund is a mutual fund. DSP Nifty Next 50 ETF charges 0.28% a year and HSBC NIFTY Next 50 Index Fund 0.46%. Their portfolios overlap 99.9%: they hold 50 of the same securities.
Which is better, DSP Nifty Next 50 ETF or HSBC NIFTY Next 50 Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- DSP Nifty Next 50 ETF costs less: 0.28% a year against 0.46%.
- DSP Nifty Next 50 ETF fell less in its worst fall since 05-01-2026: −14.4% against −14.4%.
- HSBC NIFTY Next 50 Index is the larger fund: ₹184 Cr against ₹10 Cr.
- Their portfolios overlap 99.9%: 50 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | DSP Nifty Next 50 ETF | HSBC NIFTY Next 50 Index Fund |
|---|---|---|
| Fund house | DSP Mutual Fund | HSBC Mutual Fund |
| Category | Not available | Not available |
| AUM | ₹10 Cr (30-09-2026) | ₹184 Cr (30-09-2026) |
| NAV | ₹68.20 | ₹29.75 (Direct) |
| Expense ratio (Direct) | Not available | 0.46% |
| Expense ratio (Regular) | Not available | 0.81% |
| Riskometer | Not available | Not available |
| Benchmark | Not available | Not available |
| Launch date | Not available | Not available |
| Minimum investment | Not available | Not available |
| Lock in | Not available | Not available |
| Fund managers | Not available | Not available |
| Exit load | Not available | Not available |
DSP Nifty Next 50 ETF vs HSBC NIFTY Next 50 Index: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| DSP Nifty Next 50 ETF | −2.88% | −6.56% | −2.30% | -- | -- | -- | -- |
| HSBC NIFTY Next 50 Index Fund (Direct) | −2.87% | −6.66% | −2.36% | −3.09% | +15.80% | -- | -- |
DSP Nifty Next 50 ETF vs HSBC NIFTY Next 50 Index: Year-wise Returns
| Year | DSP Nifty Next 50 ETFDSP Nifty Next 50 ETF | HSBC NIFTY Next 50 IndexHSBC NIFTY Next 50 Index | Nifty Next 50 TRI |
|---|---|---|---|
| 2026to date | -- | −2.08% | −1.53% |
| 2025 | -- | +2.35% | +2.90% |
| 2024 | -- | +27.45% | +28.37% |
| 2023 | -- | +26.70% | +27.24% |
DSP Nifty Next 50 ETF vs HSBC NIFTY Next 50 Index: Rolling Returns
Every holding period of both funds, against Nifty Next 50 TRI, the benchmark of both
DSP Nifty Next 50 ETF vs HSBC NIFTY Next 50 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | DSP Nifty Next 50 ETF | HSBC NIFTY Next 50 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −3.77% | +12.54% |
| Standard deviation | 18.72% | 17.16% |
| Sharpe ratio | -0.48 | 0.37 |
| Sortino ratio | -0.64 | 0.49 |
| Maximum drawdown | −14.4% (31-03-2026) | −26.6% (28-02-2025) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.13% | −0.66% |
From daily NAVs, 05-01-2026 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
DSP Nifty Next 50 ETF
HSBC NIFTY Next 50 Index Fund (Direct)
Nifty Next 50 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| DSP Nifty Next 50 ETF | −14.4% | 26-02-2026 | 31-03-2026 | 21-04-2026 | 21 days | −9.3% |
| HSBC NIFTY Next 50 Index Fund (Direct) | −14.4% | 07-01-2026 | 31-03-2026 | 21-04-2026 | 21 days | −9.3% |
| Nifty Next 50 TRI | −14.4% | 26-02-2026 | 30-03-2026 | 21-04-2026 | 22 days | −9.3% |
From daily values since 05-01-2026, the first day every fund has.
DSP Nifty Next 50 ETF vs HSBC NIFTY Next 50 Index: Portfolio Overlap
From each fund's latest monthly portfolio: DSP Nifty Next 50 ETF, September 2026; HSBC NIFTY Next 50 Index Fund, September 2026
Holdings in common
- Overlap
- 99.9%
- Held by both
- 50
- Only in DSP Nifty Next 50 ETF
- 0
- Only in HSBC NIFTY Next 50 Index
- 0
| Security | % of DSP Nifty Next 50 ETF | % of HSBC NIFTY Next 50 Index |
|---|---|---|
| Divi's Laboratories Limited | 4.83% | 4.83% |
| TVS Motor Co Limited | 3.95% | 3.95% |
| Hindustan Aeronautics Limited | 3.62% | 3.62% |
| Tata Motors Limited | 3.61% | 3.61% |
| Adani Power Limited | 3.47% | 3.47% |
| Samvardhana Motherson International Limited | 2.95% | 2.95% |
| Torrent Pharmaceuticals Limited | 2.89% | 2.89% |
| Cholamandalam Investment and Finance Co Limited | 2.87% | 2.88% |
| Vedanta Aluminium Metal Limited | 2.86% | 2.87% |
| Cummins India Limited | 2.63% | 2.63% |
| Avenue Supermarts Limited | 2.51% | 2.51% |
| Bharat Petroleum Corporation Limited | 2.49% | 2.49% |
| Tata Power Co Limited | 2.47% | 2.47% |
| Varun Beverages Limited | 2.42% | 2.42% |
| CG Power and Industrial Solutions Limited | 2.40% | 2.40% |
| Britannia Industries Limited | 2.33% | 2.33% |
| Indian Oil Corporation Limited | 2.06% | 2.06% |
| Solar Industries India Limited | 1.96% | 1.96% |
| Power Finance Corporation Limited | 1.94% | 1.94% |
| Bajaj Holdings & Investment Limited | 1.91% | 1.91% |
| HDFC Asset Management Co Limited | 1.91% | 1.91% |
| GAIL (India) Limited | 1.88% | 1.88% |
| Vedanta Limited | 1.86% | 1.87% |
| Pidilite Industries Limited | 1.86% | 1.86% |
| DLF Limited | 1.77% | 1.77% |
| Polycab India Limited | 1.76% | 1.76% |
| Wipro Limited | 1.76% | 1.76% |
| Adani Green Energy Limited | 1.75% | 1.75% |
| Adani Energy Solutions Limited | 1.75% | 1.76% |
| Bank of Baroda | 1.75% | 1.75% |
| Jindal Steel Limited | 1.72% | 1.72% |
| Bosch Limited | 1.66% | 1.67% |
| Canara Bank | 1.64% | 1.64% |
| Hitachi Energy India Limited | 1.59% | 1.60% |
| Punjab National Bank | 1.59% | 1.59% |
| Ltm Limited | 1.54% | 1.54% |
| Vodafone Idea Limited | 1.46% | 1.46% |
| ABB India Limited | 1.46% | 1.46% |
| Godrej Consumer Products Limited | 1.40% | 1.40% |
| Union Bank Of India | 1.35% | 1.35% |
| Siemens Limited | 1.35% | 1.35% |
| Muthoot Finance Limited | 1.20% | 1.20% |
| Zydus Lifesciences Limited | 1.18% | 1.18% |
| Hyundai Motor India Limited | 1.18% | 1.18% |
| Siemens Energy India Limited | 1.16% | 1.16% |
| Hindustan Zinc Limited | 1.11% | 1.11% |
| Ambuja Cements Limited | 0.95% | 0.95% |
| Tata Capital Limited | 0.74% | 0.74% |
| Indian Railway Finance Corporation Limited | 0.73% | 0.73% |
| Mazagon Dock Shipbuilders Limited | 0.66% | 0.66% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 99.9% means 99.9% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in DSP Nifty Next 50 ETF
Every holding of this fund is also held by the other.
Largest holdings only in HSBC NIFTY Next 50 Index Fund
Every holding of this fund is also held by the other.
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | DSP Nifty Next 50 ETF | HSBC NIFTY Next 50 Index |
|---|---|---|
| Equity | 99.9% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.1% | 0.0% |
Market cap of stocks
| Market cap | DSP Nifty Next 50 ETF | HSBC NIFTY Next 50 Index |
|---|---|---|
| Large Cap | 95.2% | 95.3% |
| Mid Cap | 4.7% | 4.7% |
| Small Cap | 0.0% | 0.0% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | DSP Nifty Next 50 ETF | HSBC NIFTY Next 50 Index |
|---|---|---|
| Power | 9.4% | 9.4% |
| Finance | 9.4% | 9.4% |
| Pharmaceuticals & Biotechnology | 8.9% | 8.9% |
| Electrical Equipment | 8.0% | 8.0% |
| Banks | 6.3% | 6.3% |
| Automobiles | 5.1% | 5.1% |
The six largest sectors of each fund's stocks, % of the fund.
DSP Nifty Next 50 ETF vs HSBC NIFTY Next 50 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | DSP Nifty Next 50 ETF | HSBC NIFTY Next 50 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.46% |
| Base expense ratio (Direct) | 0.17% | 0.28% |
| Total expense ratio (Regular) | Not available | 0.81% |
| Base expense ratio (Regular) | 0.00% | 0.58% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
DSP Nifty Next 50 ETF vs HSBC NIFTY Next 50 Index Fund: Frequently Asked Questions
What is the difference between DSP Nifty Next 50 ETF and HSBC NIFTY Next 50 Index Fund?
DSP Nifty Next 50 ETF is a mutual fund, HSBC NIFTY Next 50 Index Fund is a mutual fund, run by DSP Mutual Fund and HSBC Mutual Fund. Their portfolios overlap 99.9%. DSP Nifty Next 50 ETF charges 0.28% a year and HSBC NIFTY Next 50 Index Fund 0.46%.
Which has the lower expense ratio, DSP Nifty Next 50 ETF or HSBC NIFTY Next 50 Index Fund?
DSP Nifty Next 50 ETF charges less: 0.28% a year against 0.46%. These are the total expense ratios reported to AMFI.
How much do DSP Nifty Next 50 ETF and HSBC NIFTY Next 50 Index Fund overlap?
99.9%. They hold 50 of the same securities, the largest shared ones being DIVISLAB, TVSMOTOR, HAL. From each fund's latest monthly portfolio.
Can I invest in both DSP Nifty Next 50 ETF and HSBC NIFTY Next 50 Index Fund?
Yes. 99.9% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.