HDFC Index Fund Nifty 50 Plan-Direct Plan
Min amount: ₹500
- Fund Summary
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|Risk||Very High Risk|
|Fund Type||Index Funds|
|Exit Load||0.25% for 3 Days|
More about this fund
|HDFC Bank Ltd||10.38%|
|Reliance Industries Ltd Shs Dematerialised||10.33%|
|Housing Development Finance Corp Ltd||7.18%|
|ICICI Bank Ltd||6.42%|
|Tata Consultancy Services Ltd||5.25%|
|Kotak Mahindra Bank Ltd||4.1%|
|Hindustan Unilever Ltd||3.46%|
|Axis Bank Ltd||2.8%|
About HDFC Index Fund-NIFTY 50 Plan - Direct Plan - Growth
The primary intention of HDFC Index Fund-NIFTY 50 Plan - Direct Plan - Growth is to track and emulate the performance of the NSE Nifty 50 index. This is made possible by having the same asset allocation as that of the NSE Nifty 50 index.
Pros and Cons of HDFC Index Fund-NIFTY 50 Plan - Direct Plan - Growth
The most significant advantage of investing in this fund is that you gain exposure to a portfolio constituted by top-performing stocks across all sectors. It is very easy to track the performance of this fund. On the flip side, the fund can be volatile at times.
Fund Information and Statistics
i) Inception/Launch Date
HDFC Index Fund-NIFTY 50 Plan - Direct Plan - Growth was launched on 1 January 2013.
ii) Risk Level
HDFC Index Fund-NIFTY 50 Plan - Direct Plan - Growth has been clubbed under the 'moderately high risk' category of mutual funds by HDFC Mutual Fund.
Since HDFC Index Fund-NIFTY 50 Plan - Direct Plan - Growth is an open-ended mutual fund plan, you can sell your fund units at any time.
iv) Fund Manager
Mr Krishna Kumar Daga and Mr Arun Agarwal are the current fund managers of HDFC Index Fund-NIFTY 50 Plan - Direct Plan - Growth.
v) Entry/Exit load
An exit load of 0.25% is payable on selling your units within three days from the date of allotment. There is no entry load as per the regulations of the Indian securities market regulator.
About HDFC Mutual Fund
HDFC Mutual Fund is being sponsored by Standard Life Investments Ltd and Housing Development Finance Corporation Ltd. The fund house was incorporated on 10 December 1999 with HDFC Trustee Company Limited as its trustee company. HDFC Mutual Fund is now a leading asset management company in India. It's assets under management touched a massive Rs 3,56,183.42 crore as of June 2020.
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Min amount: ₹500
All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns