HSBC NIFTY Next 50 Index Fund is a mutual fund run by HSBC Mutual Fund. On 30-09-2026, it managed ₹184 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 15.8% a year and its Regular plan returned 15.3% a year. Its benchmark, Nifty Next 50 TRI, returned 16.5% a year over the same 3 years.
NAV (Direct plan)
₹29.75
▼ 0.61% · 30-10-2026
NAV (Regular plan)
₹28.92
▼ 0.61% · 30-10-2026
Expense ratio
0.46%Direct0.81%Regular
0.46%
A year
Riskometer
Not available
Set by the fund house
3 year return
15.8%Direct15.3%Regular
15.8%
A year
HSBC NIFTY Next 50 Index Fund NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹29.75 (down 0.61% that day); Regular Plan Growth ₹28.92 (down 0.61% that day).
This fund (Direct plan)
₹29.7476
HSBC NIFTY Next 50 Index Fund Returns vs Nifty Next 50 TRI
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
Trailing returns
Period
1M
3M
6M
1Y
3Y
5Y
10Y
This fund (Direct)
−2.87%
−6.66%
−2.36%
−3.09%
+15.80%
--
--
This fund (Regular)
−2.90%
−6.75%
−2.54%
−3.46%
+15.32%
--
--
Nifty Next 50 TRI
−2.87%
−6.61%
−2.29%
−2.50%
+16.53%
+10.95%
+12.27%
Category average
--
--
--
--
--
--
--
Best in category
--
--
--
--
--
--
--
Worst in category
--
--
--
--
--
--
--
Rank in category
--
--
--
--
--
--
--
No category comparison is shown: this fund's category is too broad to compare, or has fewer than five funds.
HSBC NIFTY Next 50 Index Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
Nifty Next 50 TRI
2026to date
−2.08%
−2.38%
−1.53%
2025
+2.35%
+1.94%
+2.90%
2024
+27.45%
+26.87%
+28.37%
2023
+26.70%
+26.13%
+27.24%
HSBC NIFTY Next 50 Index Fund Rolling Returns
The return of every holding period in the fund's history, not only the one that ends today
Rolling returns
Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 226 periods, one for each trading day from 28-11-2025 to 30-10-2026.
0%5%10%15%20%25%
HSBC NIFTY Next 50 Index Fund (Direct)
Nifty Next 50 TRI
Dec 2022 to Dec 2025Feb 2023 to Feb 2026Apr 2023 to Apr 2026Jun 2023 to Jun 2026Aug 2023 to Aug 2026Oct 2023 to Oct 2026
HSBC NIFTY Next 50 Index Fund (Direct)Nifty Next 50 TRI
0%
0%
Below 0%
0%
0%
0-5%
0%
0%
5-10%
1%
0%
10-15%
74%
64%
15-20%
25%
36%
20-25%
0%
0%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
720
9.5%
−12.7%
72.1%
24%
10.2%
1%
2 years
474
21.6%
−5.2%
31.1%
14%
22.4%
0%
3 years
226
18.4%
14.8%
23.7%
0%
19.2%
0%
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
36
10.5%
−27.9%
84.7%
25%
11.2%
0%
2 years
24
9.1%
−8.2%
36.5%
4%
9.9%
0%
Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than Nifty Next 50 TRI over the same days. Past returns do not promise future returns.
HSBC NIFTY Next 50 Index Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
HSBC NIFTY Next 50 Index Fund (Direct)This fund
Nifty Next 50 TRI
Return (CAGR)
−3.09%
−2.50%
Standard deviation
17.43%
17.49%
Sharpe ratio
-0.48
-0.44
Sortino ratio
-0.64
-0.59
Maximum drawdown
−14.4%
(31-03-2026)
−14.4%
(30-03-2026)
Beta
1.00
1.00
Alpha
−0.58%
0.00%
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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
HSBC NIFTY Next 50 Index Fund (Direct)This fund
Nifty Next 50 TRI
Return (CAGR)
+15.80%
+16.53%
Standard deviation
18.36%
18.42%
Sharpe ratio
0.53
0.57
Sortino ratio
0.71
0.76
Maximum drawdown
−26.6%
(28-02-2025)
−26.4%
(28-02-2025)
Beta
1.00
1.00
Alpha
−0.72%
0.00%
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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
HSBC NIFTY Next 50 Index Fund (Direct)This fund
Nifty Next 50 TRI
Return (CAGR)
+12.54%
+13.21%
Standard deviation
17.16%
17.23%
Sharpe ratio
0.37
0.41
Sortino ratio
0.49
0.54
Maximum drawdown
−26.6%
(28-02-2025)
−26.4%
(28-02-2025)
Beta
1.00
1.00
Alpha
−0.66%
0.00%
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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
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.
−30%−25%−20%−15%−10%−5%0%
HSBC NIFTY Next 50 Index Fund (Direct)
Nifty Next 50 TRI
2023202420252026
HSBC NIFTY Next 50 Index Fund (Direct)Nifty Next 50 TRI
Worst fall
High before it
Bottom
Back at the high
Time to climb back
Below its high today
HSBC NIFTY Next 50 Index Fund (Direct)
−26.6%
27-09-2024
28-02-2025
Not yet
--
−12.4%
Nifty Next 50 TRI
−26.4%
27-09-2024
28-02-2025
Not yet
--
−11.3%
From the Direct plan's daily NAV since 28-11-2022, adjusted for unit splits, and Nifty Next 50 TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.
HSBC NIFTY Next 50 Index Fund Expense Ratio and Costs
What each plan charges a year, in force from 01-10-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Direct
0.28%
0.01%
0.00%
0.17%
0.46%
Regular
0.58%
0.01%
0.00%
0.22%
0.81%
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, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file.
Direct vs Regular: what the gap cost
Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.
Over the last
Regular
Direct
Direct earned more by
₹1 lakh became (Regular)
₹1 lakh became (Direct)
1 year
−3.46%
−3.09%
0.37%
₹96,540
₹96,910
3 years
15.32%
15.80%
0.48% a year
₹1,53,361
₹1,55,284
Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.
HSBC NIFTY Next 50 Index Fund SIP Calculator
What a one-time or monthly investment in this fund would be worth today, from its own NAV history
Growth of an investment
Step up each year
PeriodFor
₹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
Direct planHSBC NIFTY Next 50 Index Fund (Direct)
₹4,80,000
₹5,70,492
₹90,492
8.6%
Regular planHSBC NIFTY Next 50 Index Fund (Regular)
₹4,80,000
₹5,65,249
₹85,249
8.2%
Nifty Next 50 TRI
₹4,80,000
₹5,78,205
₹98,205
9.3%
₹0₹2.0 L₹4.0 L₹6.0 L₹8.0 L
Direct planHSBC NIFTY Next 50 Index Fund (Direct)
Regular planHSBC NIFTY Next 50 Index Fund (Regular)
Nifty Next 50 TRI
Amount invested
2023202420252026
Direct planHSBC NIFTY Next 50 Index Fund (Direct)Regular planHSBC NIFTY Next 50 Index Fund (Regular)Nifty Next 50 TRIAmount invested
From each plan's published NAV (Growth option), the benchmark's TRI, 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 Next 50 Index Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
100.0%Equity
Asset
Fund
Equity
100.0%
Market cap of stocks
Market cap
Fund
Large Cap
95.3%
Mid Cap
4.7%
Small Cap
0.0%
Share of the whole fund. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
HSBC NIFTY Next 50 Index Fund Sector Allocation
Sector allocation of the fund's stocks as on 30-09-2026
Largest sectors
Power9.4%
Finance9.4%
Pharmaceuticals & Biotechnology8.9%
Electrical Equipment8.0%
Banks6.3%
Automobiles5.1%
Auto Components4.6%
Petroleum Products4.5%
Industrial Products4.4%
Non - Ferrous Metals4.0%
The ten largest of 26 sectors. The other 16 add up to 35.2%.
Sector changes
Sector
July 2026
August 2026
September 2026
Change
Power
9.9%
8.9%
9.4%
−0.4%
Finance
12.1%
11.3%
9.4%
−2.7%
Pharmaceuticals & Biotechnology
8.1%
8.8%
8.9%
+0.8%
Electrical Equipment
6.3%
6.6%
8.0%
+1.7%
Banks
6.3%
6.4%
6.3%
0.0%
Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.
HSBC NIFTY Next 50 Index Fund Portfolio Holdings
As on 30-09-2026 · 50 holdings · from the fund house's monthly portfolio
Holdings
Sector
Weight%
Holdings trend
1M change
Divi''s Laboratories Limited
Pharmaceuticals & Biotechnology
4.83%
+5.0%
TVS Motor Company Limited
Automobiles
3.95%
+5.0%
Hindustan Aeronautics Limited
Aerospace & Defense
3.62%
+5.0%
Tata Motors Limited
Agricultural, Commercial & Construction Vehicles
3.61%
+5.2%
Adani Power Limited
Power
3.47%
+5.3%
Samvardhana Motherson International Ltd
Auto Components
2.95%
+5.0%
Torrent Pharmaceuticals Limited
Pharmaceuticals & Biotechnology
2.89%
+5.4%
Cholamandalam Invest & Finance Co Ltd
Finance
2.88%
+5.3%
Vedanta Aluminium Metal Limited
Non - Ferrous Metals
2.87%
New
Cummins India Limited
Industrial Products
2.63%
+5.0%
Avenue Supermarts Limited
Retailing
2.51%
+5.2%
Bharat Petroleum Corporation Limited
Petroleum Products
2.49%
+4.0%
The Tata Power Company Limited
Power
2.47%
+5.8%
Varun Beverages Limited
Beverages
2.42%
+5.0%
CG Power And Industrial Solutions Ltd
Electrical Equipment
2.40%
+5.1%
Britannia Industries Limited
Food Products
2.33%
+5.0%
Indian Oil Corporation Limited
Petroleum Products
2.06%
+5.0%
Solar Industries India Limited
Chemicals & Petrochemicals
1.96%
+5.0%
Power Finance Corporation Limited
Finance
1.94%
+5.0%
Bajaj Holdings & Investment.Ltd
Finance
1.91%
+5.0%
HDFC Asset Management Company Limited
Capital Markets
1.91%
+5.2%
GAIL (India) Limited
Gas
1.88%
+5.0%
Vedanta Limited
Diversified Metals
1.87%
+9.0%
Pidilite Industries Limited
Chemicals & Petrochemicals
1.86%
+5.3%
DLF Limited
Realty
1.77%
+5.0%
Polycab India Limited
Industrial Products
1.76%
New
Wipro Limited
IT - Software
1.76%
New
Adani Energy Solutions Limited
Power
1.76%
+4.3%
Adani Green Energy Limited
Power
1.75%
+5.0%
Bank of Baroda
Banks
1.75%
+5.0%
Jindal Steel Limited
Ferrous Metals
1.72%
+5.2%
Bosch Limited
Auto Components
1.67%
+5.0%
Canara Bank
Banks
1.64%
+5.0%
Hitachi Energy India Limited
Electrical Equipment
1.60%
New
Punjab National Bank
Banks
1.59%
+5.0%
LTM Limited
IT - Software
1.54%
+5.0%
Vodafone Idea Limited
Telecom - Services
1.46%
New
ABB India Limited
Electrical Equipment
1.46%
+5.1%
Godrej Consumer Products Limited
Personal Products
1.40%
+5.0%
Union Bank of India
Banks
1.35%
+5.0%
Siemens Limited
Electrical Equipment
1.35%
+5.0%
Muthoot Finance Limited
Finance
1.20%
+5.0%
Zydus Lifesciences Limited
Pharmaceuticals & Biotechnology
1.18%
+4.0%
Hyundai Motor India Limited
Automobiles
1.18%
+4.8%
Siemens Energy India Limited
Electrical Equipment
1.16%
+5.0%
Hindustan Zinc Limited
Non - Ferrous Metals
1.11%
+5.0%
Ambuja Cements Limited
Cement & Cement Products
0.95%
+5.0%
Tata Capital Ltd
Finance
0.74%
+14.7%
Indian Railway Finance Corporation Ltd
Finance
0.73%
+17.0%
Mazagon Dock Shipbuilders Limited
Industrial Manufacturing
0.66%
+5.0%
HSBC NIFTY Next 50 Index Fund Stocks Bought and Sold
All changes are between August 2026 and September 2026
More
Stocks bought and sold in September 2026
Divi''s Laboratories Limited
↑Added
+5.0%
4.83%
TVS Motor Company Limited
↑Added
+5.0%
3.95%
Tata Motors Limited
↑Added
+5.2%
3.61%
Hindustan Aeronautics Limited
↑Added
+5.0%
3.62%
Adani Power Limited
↑Added
+5.3%
3.47%
Cholamandalam Invest & Finance Co Ltd
↑Added
+5.3%
2.88%
Samvardhana Motherson International Ltd
↑Added
+5.0%
2.95%
Torrent Pharmaceuticals Limited
↑Added
+5.4%
2.89%
Vedanta Aluminium Metal Limited
↑New
New
2.87%
Cummins India Limited
↑Added
+5.0%
2.63%
Bharat Petroleum Corporation Limited
↑Added
+4.0%
2.49%
The Indian Hotels Company Limited
↓Sold out
−100%
was 2.55%
Avenue Supermarts Limited
↑Added
+5.2%
2.51%
CG Power And Industrial Solutions Ltd
↑Added
+5.1%
2.40%
The Tata Power Company Limited
↑Added
+5.8%
2.47%
Britannia Industries Limited
↑Added
+5.0%
2.33%
Varun Beverages Limited
↑Added
+5.0%
2.42%
HDFC Asset Management Company Limited
↑Added
+5.2%
1.91%
Indian Oil Corporation Limited
↑Added
+5.0%
2.06%
Pidilite Industries Limited
↑Added
+5.3%
1.86%
Bajaj Holdings & Investment.Ltd
↑Added
+5.0%
1.91%
Solar Industries India Limited
↑Added
+5.0%
1.96%
Power Finance Corporation Limited
↑Added
+5.0%
1.94%
GAIL (India) Limited
↑Added
+5.0%
1.88%
Vedanta Limited
↑Added
+9.0%
1.87%
Adani Energy Solutions Limited
↑Added
+4.3%
1.76%
DLF Limited
↑Added
+5.0%
1.77%
Wipro Limited
↑New
New
1.76%
Polycab India Limited
↑New
New
1.76%
Bank of Baroda
↑Added
+5.0%
1.75%
Adani Green Energy Limited
↑Added
+5.0%
1.75%
Jindal Steel Limited
↑Added
+5.2%
1.72%
United Spirits Limited
↓Sold out
−100%
was 1.73%
Bosch Limited
↑Added
+5.0%
1.67%
Canara Bank
↑Added
+5.0%
1.64%
LTM Limited
↑Added
+5.0%
1.54%
Hitachi Energy India Limited
↑New
New
1.60%
Punjab National Bank
↑Added
+5.0%
1.59%
REC Limited
↓Sold out
−100%
was 1.59%
ABB India Limited
↑Added
+5.1%
1.46%
Vodafone Idea Limited
↑New
New
1.46%
Godrej Consumer Products Limited
↑Added
+5.0%
1.40%
Union Bank of India
↑Added
+5.0%
1.35%
Siemens Limited
↑Added
+5.0%
1.35%
Lodha Developers Limited
↓Sold out
−100%
was 1.31%
Muthoot Finance Limited
↑Added
+5.0%
1.20%
Hyundai Motor India Limited
↑Added
+4.8%
1.18%
Shree Cement Limited
↓Sold out
−100%
was 1.22%
Zydus Lifesciences Limited
↑Added
+4.0%
1.18%
Siemens Energy India Limited
↑Added
+5.0%
1.16%
Hindustan Zinc Limited
↑Added
+5.0%
1.11%
Ambuja Cements Limited
↑Added
+5.0%
0.95%
Mazagon Dock Shipbuilders Limited
↑Added
+5.0%
0.66%
Tata Capital Ltd
↑Added
+14.7%
0.74%
Indian Railway Finance Corporation Ltd
↑Added
+17.0%
0.73%
No stocks in this group for September 2026.
A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
HSBC NIFTY Next 50 Index Fund Overview
Fund facts from the scheme summary document
Expense ratio (Direct)
0.46%
Expense ratio (Regular)
0.81%
Category
Not available
Risk
Not available
Benchmark
Not available
Launch date
Not available
Minimum investment
Not available
Minimum additional investment
Not available
AUM
₹184.32 Cr (30-09-2026)
Lock in
Not available
Scheme code (Direct)
151160
ISIN (Direct)
INF917K01D79
Scheme code (Regular)
151162
ISIN (Regular)
INF917K01D95
NAV history
From 28-11-2022, 3.9 years
Exit load
Not available
Tax on HSBC NIFTY Next 50 Index Fund returns
How the gain is taxed depends on what the fund holds. A fund with 65% or more in Indian stocks is taxed as an equity fund: 20% within 1 year, 12.5% after, on gains above ₹1.25 lakh a year.
A fund with 65% or more in debt is taxed at your slab rate. Any other fund: your slab rate within 2 years, 12.5% after.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
All plans and options
Plan
Option
NAV
As on
direct
Growth
₹29.7476
30-10-2026
direct
IDCW
₹29.7476
30-10-2026
regular
Growth
₹28.9157
30-10-2026
regular
IDCW
₹28.9158
30-10-2026
About HSBC NIFTY Next 50 Index Fund
HSBC NIFTY Next 50 Index Fund is a mutual fund from HSBC Mutual Fund. At the end of September 2026 it held 50 securities.
Frequently Asked Questions for HSBC NIFTY Next 50 Index Fund
What is the current NAV of HSBC NIFTY Next 50 Index Fund?
The Direct plan NAV is ₹29.7476. The Regular plan NAV is ₹28.9157, as on 30-10-2026.
What are the returns of HSBC NIFTY Next 50 Index Fund?
The Direct plan returned −3.09% in 1 year, +15.80% a year over 3 years. The Regular plan returned −3.46% in 1 year, +15.32% a year over 3 years. These figures are as on 30-10-2026.
What is the expense ratio of HSBC NIFTY Next 50 Index Fund?
The Direct plan charges 0.46% a year. The Regular plan charges 0.81% a year. This is the figure the fund house reported to AMFI, in force from 01-10-2026.
What is the AUM of HSBC NIFTY Next 50 Index Fund?
HSBC NIFTY Next 50 Index Fund managed ₹184.32 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of HSBC NIFTY Next 50 Index Fund?
At the end of September 2026 the largest holdings were DIVISLAB (4.83%), TVSMOTOR (3.95%), HAL (3.62%), TMCV (3.61%), ADANIPOWER (3.47%). The fund held 50 securities in all.
What did HSBC NIFTY Next 50 Index Fund buy and sell in September 2026?
It bought 5 new stocks: Wipro Limited, Hitachi Energy India Limited, Vedanta Aluminium Metal Limited, Polycab India Limited, Vodafone Idea Limited. It sold out of 5: REC Limited, The Indian Hotels Company Limited, Shree Cement Limited, Lodha Developers Limited, United Spirits Limited. It added shares in 45.
How do I invest in HSBC NIFTY Next 50 Index Fund?
Through HSBC Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. You can invest once or through a monthly SIP.
How has HSBC NIFTY Next 50 Index Fund performed against its benchmark?
Its benchmark is Nifty Next 50 TRI. The Direct plan returned +15.80% a year over 3 years. The benchmark returned +16.53% a year over 3 years.
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its 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.
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