HSBC NIFTY 50 Index Fund vs UTI Nifty 50 Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
HSBC NIFTY 50 Index Fund is an Index fund and UTI Nifty 50 Index Fund is an Index fund. In the 3 years to 30-10-2026, HSBC NIFTY 50 Index Fund (Direct) returned 7.4% a year and UTI Nifty 50 Index Fund (Direct) returned 7.4% a year. HSBC NIFTY 50 Index Fund charges 0.22% a year and UTI Nifty 50 Index Fund 0.25% (Direct plans). Their portfolios overlap 100.0%: they hold 50 of the same securities.
HSBC NIFTY 50 Index Fund
Index
- 3 year return
- 7.4%
- Expense ratio
- 0.22%
- NAV
- ₹27.32
UTI Nifty 50 Index Fund
Index
- 3 year return
- 7.4%
- Expense ratio
- 0.25%
- NAV
- ₹162.38
Which is better, HSBC NIFTY 50 Index or UTI Nifty 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.
- UTI Nifty 50 Index returned more over 3 years: 7.4% a year against 7.4%.
- HSBC NIFTY 50 Index returned more over 1 year: −10.1% against −10.2%.
- HSBC NIFTY 50 Index costs less: 0.22% a year against 0.25% (Direct plans).
- HSBC NIFTY 50 Index swung less over 3 years: a standard deviation of 13.2% a year against 13.2%.
- UTI Nifty 50 Index fell less in its worst fall since 28-11-2022: −15.5% against −15.5%.
- UTI Nifty 50 Index is the larger fund: ₹28,064 Cr against ₹371 Cr.
- Their portfolios overlap 100.0%: 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 | HSBC NIFTY 50 Index Fund | UTI Nifty 50 Index Fund |
|---|---|---|
| Fund house | HSBC Mutual Fund | UTI Mutual Fund |
| Category | Index | Index |
| AUM | ₹371 Cr (30-09-2026) | ₹28,064 Cr (30-09-2026) |
| NAV | ₹27.32 (Direct) | ₹162.38 (Direct) |
| Expense ratio (Direct) | 0.22% | 0.25% |
| Expense ratio (Regular) | 0.39% | 0.37% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 50 TRI | Nifty 50 TRI |
| Launch date | 15-04-2020 | 06-04-2000 |
| Minimum investment | 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 Reg | Regular Plan-Growth- Rs.1000, Regular Plan-Reinvestment of IDCW- Rs.1000, Regular Plan-Payout of IDCW- Rs.1000, Direct Plan-Growth- Rs.1000, Direct Plan-Reinvestment of IDCW- Rs.1000, Direct Plan-Payout of IDCW- Rs.1000, |
| Lock in | None | None |
| Fund managers | Praveen Ayathan, Rajeesh Nair | Sharwan Kumar Goyal FM 1, Ayush Jain FM 2, Lokesh Kulthia FM 3 |
| Exit load | Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 1 month. | Nil |
HSBC NIFTY 50 Index vs UTI Nifty 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 |
|---|---|---|---|---|---|---|---|
| HSBC NIFTY 50 Index Fund (Direct) | +1.94% | −5.04% | −3.23% | −10.11% | +7.37% | -- | -- |
| UTI Nifty 50 Index Fund (Direct) | +1.94% | −5.06% | −3.22% | −10.16% | +7.39% | +6.46% | +11.36% |
HSBC NIFTY 50 Index vs UTI Nifty 50 Index: Year-wise Returns
| Year | HSBCHSBC NIFTY 50 Index | UTIUTI Nifty 50 Index | Nifty 50 TRI |
|---|---|---|---|
| 2026to date | −11.05% | −11.05% | −10.91% |
| 2025 | +11.64% | +11.68% | +11.88% |
| 2024 | +9.76% | +9.80% | +10.09% |
| 2023 | +21.08% | +21.04% | +21.30% |
| 2022 | -- | +5.44% | +5.69% |
| 2021 | -- | +25.30% | +25.59% |
HSBC NIFTY 50 Index vs UTI Nifty 50 Index: Rolling Returns
Every holding period of both funds, against Nifty 50 TRI, the benchmark of both
Rolling returns
Every 3-year holding period, 226 of them, one for each trading day from 28-11-2025 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
HSBC NIFTY 50 Index Fund (Direct)
UTI Nifty 50 Index Fund (Direct)
Nifty 50 TRI
to
Dec 2025Feb 2023
to
Feb 2026Apr 2023
to
Apr 2026Jun 2023
to
Jun 2026Aug 2023
to
Aug 2026Oct 2023
to
Oct 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HSBC NIFTY 50 Index | 0.0 | 0.0 | 50.0 | 50.0 | 0.0 | 0.0 | 0.0 | 10.4% | 10.0% | 5.1% | 14.7% | 0% |
| UTI Nifty 50 Index | 0.0 | 0.0 | 50.0 | 50.0 | 0.0 | 0.0 | 0.0 | 10.4% | 10.0% | 5.1% | 14.8% | 0% |
| Nifty 50 TRI | 0.0 | 0.0 | 46.5 | 53.1 | 0.4 | 0.0 | 0.0 | 10.7% | 10.3% | 5.4% | 15.0% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty 50 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 28-11-2022. Past returns do not promise future returns.
HSBC NIFTY 50 Index vs UTI Nifty 50 Index: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 28-11-2022 to 30-10-2026: 48 instalments, ₹4,80,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| HSBC NIFTY 50 IndexHSBC NIFTY 50 Index Fund (Direct) | ₹4,80,000 | ₹5,10,349 | ₹30,349 | 3.0% |
| UTI Nifty 50 IndexUTI Nifty 50 Index Fund (Direct) | ₹4,80,000 | ₹5,10,729 | ₹30,729 | 3.1% |
HSBC NIFTY 50 IndexHSBC NIFTY 50 Index Fund (Direct)
UTI Nifty 50 IndexUTI Nifty 50 Index Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
HSBC NIFTY 50 Index vs UTI Nifty 50 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | HSBC NIFTY 50 Index Fund (Direct) | UTI Nifty 50 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −10.11% | −10.16% |
| Standard deviation | 13.61% | 13.61% |
| Sharpe ratio | -1.13 | -1.13 |
| Sortino ratio | -1.51 | -1.51 |
| Maximum drawdown | −15.1% (31-03-2026) | −15.1% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.13% | −0.17% |
From daily NAVs, 30-10-2025 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.
| Measure | HSBC NIFTY 50 Index Fund (Direct) | UTI Nifty 50 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.37% | +7.39% |
| Standard deviation | 13.19% | 13.20% |
| Sharpe ratio | 0.10 | 0.10 |
| Sortino ratio | 0.14 | 0.14 |
| Maximum drawdown | −15.5% (04-03-2025) | −15.5% (04-03-2025) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.26% | −0.24% |
From daily NAVs, 30-10-2023 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.
| Measure | HSBC NIFTY 50 Index Fund (Direct) | UTI Nifty 50 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.62% | +11.21% |
| Standard deviation | 12.44% | 15.84% |
| Sharpe ratio | 0.04 | 0.33 |
| Sortino ratio | 0.05 | 0.45 |
| Maximum drawdown | −15.5% (04-03-2025) | −38.4% (23-03-2020) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.26% | −0.36% |
From daily NAVs, 28-11-2022 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.
HSBC NIFTY 50 Index Fund (Direct)
UTI Nifty 50 Index Fund (Direct)
Nifty 50 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| HSBC NIFTY 50 Index Fund (Direct) | −15.5% | 26-09-2024 | 04-03-2025 | 27-10-2025 | 8 months | −11.7% |
| UTI Nifty 50 Index Fund (Direct) | −15.5% | 26-09-2024 | 04-03-2025 | 27-10-2025 | 8 months | −11.7% |
| Nifty 50 TRI | −15.4% | 26-09-2024 | 04-03-2025 | 23-10-2025 | 8 months | −11.6% |
From daily values since 28-11-2022, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
HSBC NIFTY 50 Index Fund (Direct)
UTI Nifty 50 Index Fund (Direct)
Nifty 50 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
HSBC NIFTY 50 Index Fund (Direct)
UTI Nifty 50 Index Fund (Direct)
Nifty 50 TRI
Against Nifty 50 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| HSBC NIFTY 50 Index Fund (Direct) | 99% | 100% | 0.09% |
| UTI Nifty 50 Index Fund (Direct) | 99% | 101% | 0.03% |
From month-end values since 28-11-2022. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
HSBC NIFTY 50 Index vs UTI Nifty 50 Index: Portfolio Overlap
From each fund's latest monthly portfolio: HSBC NIFTY 50 Index Fund, September 2026; UTI Nifty 50 Index Fund, September 2026
Holdings in common
- Overlap
- 100.0%
- Held by both
- 50
- Only in HSBC NIFTY 50 Index
- 0
- Only in UTI Nifty 50 Index
- 0
| Security | % of HSBC NIFTY 50 Index | % of UTI Nifty 50 Index |
|---|---|---|
| HDFC Bank Limited | 10.38% | 10.38% |
| ICICI Bank Limited | 9.05% | 9.05% |
| Reliance Industries Limited | 7.58% | 7.59% |
| Bharti Airtel Limited | 5.10% | 5.11% |
| Larsen & Toubro Limited | 4.20% | 4.21% |
| State Bank of India | 3.79% | 3.79% |
| Axis Bank Limited | 3.37% | 3.37% |
| Infosys Limited | 3.35% | 3.36% |
| Kotak Mahindra Bank Limited | 2.93% | 2.93% |
| Mahindra & Mahindra Limited | 2.52% | 2.52% |
| Bajaj Finance Limited | 2.50% | 2.50% |
| ITC Limited | 2.42% | 2.42% |
| Eternal Limited | 2.22% | 2.22% |
| Tata Consultancy Services Limited | 2.00% | 2.00% |
| Sun Pharmaceutical Industries Limited | 1.84% | 1.84% |
| Titan Company Limited | 1.81% | 1.81% |
| Hindustan Unilever Limited | 1.59% | 1.59% |
| Maruti Suzuki India Limited | 1.49% | 1.49% |
| NTPC Limited | 1.47% | 1.47% |
| Tata Steel Limited | 1.46% | 1.46% |
| Adani Port & Special Economic Zone Ltd | 1.35% | 1.35% |
| Bharat Electronics Limited | 1.33% | 1.33% |
| Shriram Finance Limited | 1.32% | 1.32% |
| Hindalco Industries Limited | 1.30% | 1.30% |
| HCL Technologies Limited | 1.24% | 1.24% |
| UltraTech Cement Limited | 1.24% | 1.24% |
| BSE Ltd | 1.21% | 1.21% |
| JSW Steel Limited | 1.15% | 1.15% |
| Bajaj Auto Limited | 1.13% | 1.13% |
| Power Grid Corporation of India Limited | 1.13% | 1.13% |
| Grasim Industries Limited | 1.10% | 1.10% |
| InterGlobe Aviation Limited | 1.08% | 1.08% |
| Asian Paints Limited | 1.04% | 1.04% |
| Coal India Limited | 0.97% | 0.97% |
| Bajaj Finserv Limited | 0.96% | 0.96% |
| Adani Enterprises Limited | 0.94% | 0.94% |
| Eicher Motors Limited | 0.94% | 0.94% |
| Tech Mahindra Limited | 0.92% | 0.93% |
| Nestle India Limited | 0.90% | 0.90% |
| Oil & Natural Gas Corporation Limited | 0.84% | 0.84% |
| Trent Limited | 0.83% | 0.83% |
| Apollo Hospitals Enterprise Limited | 0.80% | 0.80% |
| SBI Life Insurance Company Limited | 0.73% | 0.73% |
| Dr. Reddy''s Laboratories Limited | 0.72% | 0.72% |
| Cipla Limited | 0.72% | 0.72% |
| Jio Financial Services Limited | 0.68% | 0.68% |
| Max Healthcare Institute Limited | 0.66% | 0.66% |
| Tata Consumer Products Limited | 0.59% | 0.59% |
| Tata Motors Passenger Vehicles Limited | 0.57% | 0.57% |
| HDFC Life Insurance Company Limited | 0.54% | 0.54% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 100.0% means 100.0% 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 HSBC NIFTY 50 Index Fund
Every holding of this fund is also held by the other.
Largest holdings only in UTI Nifty 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 | HSBC NIFTY 50 Index | UTI Nifty 50 Index |
|---|---|---|
| Equity | 100.0% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.0% | -0.0% |
Market cap of stocks
| Market cap | HSBC NIFTY 50 Index | UTI Nifty 50 Index |
|---|---|---|
| Large Cap | 98.6% | 98.7% |
| Mid Cap | 1.4% | 1.4% |
| 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 | HSBC NIFTY 50 Index | UTI Nifty 50 Index |
|---|---|---|
| Banks | 29.5% | 29.5% |
| Petroleum Products | 7.6% | 7.6% |
| IT - Software | 7.5% | 7.5% |
| Automobiles | 6.7% | 6.7% |
| Finance | 5.5% | 5.5% |
| Telecom - Services | 5.1% | 5.1% |
The six largest sectors of each fund's stocks, % of the fund.
HSBC NIFTY 50 Index vs UTI Nifty 50 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | HSBC NIFTY 50 Index Fund | UTI Nifty 50 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.22% | 0.25% |
| Base expense ratio (Direct) | 0.15% | 0.18% |
| Total expense ratio (Regular) | 0.39% | 0.37% |
| Base expense ratio (Regular) | 0.30% | 0.28% |
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.
HSBC NIFTY 50 Index Fund vs UTI Nifty 50 Index Fund: Frequently Asked Questions
What is the difference between HSBC NIFTY 50 Index Fund and UTI Nifty 50 Index Fund?
HSBC NIFTY 50 Index Fund is an Index fund, UTI Nifty 50 Index Fund is an Index fund, run by HSBC Mutual Fund and UTI Mutual Fund. Their portfolios overlap 100.0%. HSBC NIFTY 50 Index Fund charges 0.22% a year and UTI Nifty 50 Index Fund 0.25%.
Which has given higher returns, HSBC NIFTY 50 Index Fund or UTI Nifty 50 Index Fund?
Over 1 year: HSBC NIFTY 50 Index Fund −10.11%, UTI Nifty 50 Index Fund −10.16%. Over 3 years: HSBC NIFTY 50 Index Fund +7.37% a year, UTI Nifty 50 Index Fund +7.39% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, HSBC NIFTY 50 Index Fund or UTI Nifty 50 Index Fund?
HSBC NIFTY 50 Index Fund charges less: 0.22% a year against 0.25%. These are the Direct plans' total expense ratios reported to AMFI.
How much do HSBC NIFTY 50 Index Fund and UTI Nifty 50 Index Fund overlap?
100.0%. They hold 50 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is riskier, HSBC NIFTY 50 Index Fund or UTI Nifty 50 Index Fund?
On SEBI's riskometer, HSBC NIFTY 50 Index Fund is rated Very High and UTI Nifty 50 Index Fund Very High. Over 3 years, the standard deviation of daily returns was 13.19% and 13.20% a year.
Which is better for SIP, HSBC NIFTY 50 Index Fund or UTI Nifty 50 Index Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,68,052 in HSBC NIFTY 50 Index Fund (XIRR -0.3% a year) and ₹3,68,116 in UTI Nifty 50 Index Fund (XIRR -0.3% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both HSBC NIFTY 50 Index Fund and UTI Nifty 50 Index Fund?
Yes. 100.0% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages HSBC NIFTY 50 Index Fund and UTI Nifty 50 Index Fund?
HSBC NIFTY 50 Index Fund: Praveen Ayathan, Rajeesh Nair. UTI Nifty 50 Index Fund: Sharwan Kumar Goyal FM 1, Ayush Jain FM 2, Lokesh Kulthia FM 3.
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.