How to Invest in HDFC NIFTY Next 50 Index Fund Direct Growth?

You can easily invest in HDFC NIFTY Next 50 Index Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for HDFC NIFTY Next 50 Index Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in HDFC NIFTY Next 50 Index Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does HDFC NIFTY Next 50 Index Fund Direct Growth provide?

The HDFC NIFTY Next 50 Index Fund Direct Growth has been there from 03 Nov 2021 and the average annual returns provided by this fund is 10.73% since its inception.

How much expense ratio is charged by HDFC NIFTY Next 50 Index Fund Direct Growth?

The term Expense Ratio used for HDFC NIFTY Next 50 Index Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of HDFC NIFTY Next 50 Index Fund Direct Growth is 0.30% as of 04 Dec 2023...

What is the AUM of HDFC NIFTY Next 50 Index Fund Direct Growth?

The AUM, short for Assets Under Management of HDFC NIFTY Next 50 Index Fund Direct Growth is ₹356.01Cr as of 04 Dec 2023.

How to Redeem HDFC NIFTY Next 50 Index Fund Direct Growth?

If you want to sell your HDFC NIFTY Next 50 Index Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of HDFC NIFTY Next 50 Index Fund Direct Growth?

You can select either SIP or Lumpsum investment of HDFC NIFTY Next 50 Index Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of HDFC NIFTY Next 50 Index Fund Direct Growth?

The NAV of HDFC NIFTY Next 50 Index Fund Direct Growth is ₹11.39 as of 01 Dec 2023.

What is the PE and PB ratio of HDFC NIFTY Next 50 Index Fund Direct Growth?

The PE ratio ratio of HDFC NIFTY Next 50 Index Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

HDFC NIFTY Next 50 Index Fund Direct Growth - NAV, Mutual Fund Performance & Portfolio

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HDFC NIFTY Next 50 Index Fund Direct Growth
Other
Index
Very High Risk
1M
6M
1Y
All
 NAV: 01 Dec 2023₹11.39
Min. SIP amount₹100
RatingNA
Fund size₹356.01Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Other Index
Absolute returns
3M6M1YAll
Fund returns4.7%13.9%9.3%9.5%
Category averageNANA12.4%NA
Rank with in category213453NA
Understand terms
Holdings (50)NameSectorInstrumentAssets
Shriram Finance Ltd
FinancialEquity4.0%
Bharat Electronics Ltd.
Capital GoodsEquity3.6%
Trent Ltd.
ServicesEquity3.6%
Cholamandalam Investment and Finance Company Ltd.
FinancialEquity3.4%
Pidilite Industries Ltd.
ChemicalsEquity2.9%
Godrej Consumer Products Ltd.
Consumer StaplesEquity2.9%
TVS Motor Company Ltd.
AutomobileEquity2.8%
Bank Of Baroda
FinancialEquity2.8%
ICICI Lombard General Insurance Company Ltd.
InsuranceEquity2.7%
DLF Ltd.
ConstructionEquity2.6%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
Category: Other Index
Pros
Cons
Exit load is zero
1Y annualised returns lower than category average by 1.68%
Lower expense ratio: 0.3%
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
24 Nov 2023 - Present
0.30%
23 Nov 2023 - 24 Nov 2023
0.30%
22 Nov 2023 - 23 Nov 2023
0.30%
21 Nov 2023 - 22 Nov 2023
0.30%
20 Nov 2023 - 21 Nov 2023
0.30%
19 Nov 2023 - 20 Nov 2023
0.30%
18 Nov 2023 - 19 Nov 2023
0.30%
17 Nov 2023 - 18 Nov 2023
0.30%
16 Nov 2023 - 17 Nov 2023
0.30%
15 Nov 2023 - 16 Nov 2023
0.30%
14 Nov 2023 - 15 Nov 2023
0.30%
13 Nov 2023 - 14 Nov 2023
0.30%
12 Nov 2023 - 13 Nov 2023
0.30%
11 Nov 2023 - 12 Nov 2023
0.30%
10 Nov 2023 - 11 Nov 2023
0.30%
09 Nov 2023 - 10 Nov 2023
0.30%
08 Nov 2023 - 09 Nov 2023
0.30%
07 Nov 2023 - 08 Nov 2023
0.30%
06 Nov 2023 - 07 Nov 2023
0.30%
05 Nov 2023 - 06 Nov 2023
0.30%
04 Nov 2023 - 05 Nov 2023
0.30%
03 Nov 2023 - 04 Nov 2023
0.30%
02 Nov 2023 - 03 Nov 2023
0.30%
01 Nov 2023 - 02 Nov 2023
0.30%
31 Oct 2023 - 01 Nov 2023
0.30%
30 Oct 2023 - 31 Oct 2023
0.30%
29 Oct 2023 - 30 Oct 2023
0.30%
28 Oct 2023 - 29 Oct 2023
0.30%
27 Oct 2023 - 28 Oct 2023
0.30%
26 Oct 2023 - 27 Oct 2023
0.30%
25 Oct 2023 - 26 Oct 2023
0.30%
24 Oct 2023 - 25 Oct 2023
0.30%
23 Oct 2023 - 24 Oct 2023
0.30%
22 Oct 2023 - 23 Oct 2023
0.30%
21 Oct 2023 - 22 Oct 2023
0.30%
20 Oct 2023 - 21 Oct 2023
0.30%
19 Oct 2023 - 20 Oct 2023
0.30%
18 Oct 2023 - 19 Oct 2023
0.30%
17 Oct 2023 - 18 Oct 2023
0.30%
16 Oct 2023 - 17 Oct 2023
0.30%
15 Oct 2023 - 16 Oct 2023
0.30%
14 Oct 2023 - 15 Oct 2023
0.30%
13 Oct 2023 - 14 Oct 2023
0.30%
12 Oct 2023 - 13 Oct 2023
0.30%
11 Oct 2023 - 12 Oct 2023
0.30%
10 Oct 2023 - 11 Oct 2023
0.30%
09 Oct 2023 - 10 Oct 2023
0.30%
08 Oct 2023 - 09 Oct 2023
0.30%
07 Oct 2023 - 08 Oct 2023
0.30%
06 Oct 2023 - 07 Oct 2023
0.30%
05 Oct 2023 - 06 Oct 2023
0.30%
04 Oct 2023 - 05 Oct 2023
0.30%
03 Oct 2023 - 04 Oct 2023
0.30%
02 Oct 2023 - 03 Oct 2023
0.30%
01 Oct 2023 - 02 Oct 2023
0.30%
30 Sep 2023 - 01 Oct 2023
0.30%
29 Sep 2023 - 30 Sep 2023
0.30%
28 Sep 2023 - 29 Sep 2023
0.30%
27 Sep 2023 - 28 Sep 2023
0.30%
26 Sep 2023 - 27 Sep 2023
0.30%
25 Sep 2023 - 26 Sep 2023
0.30%
24 Sep 2023 - 25 Sep 2023
0.30%
23 Sep 2023 - 24 Sep 2023
0.30%
22 Sep 2023 - 23 Sep 2023
0.30%
21 Sep 2023 - 22 Sep 2023
0.30%
20 Sep 2023 - 21 Sep 2023
0.30%
19 Sep 2023 - 20 Sep 2023
0.30%
18 Sep 2023 - 19 Sep 2023
0.30%
17 Sep 2023 - 18 Sep 2023
0.30%
16 Sep 2023 - 17 Sep 2023
0.30%
15 Sep 2023 - 16 Sep 2023
0.30%
14 Sep 2023 - 15 Sep 2023
0.30%
13 Sep 2023 - 14 Sep 2023
0.30%
12 Sep 2023 - 13 Sep 2023
0.30%
11 Sep 2023 - 12 Sep 2023
0.30%
10 Sep 2023 - 11 Sep 2023
0.30%
09 Sep 2023 - 10 Sep 2023
0.30%
08 Sep 2023 - 09 Sep 2023
0.30%
07 Sep 2023 - 08 Sep 2023
0.30%
06 Sep 2023 - 07 Sep 2023
0.30%
05 Sep 2023 - 06 Sep 2023
0.30%
04 Sep 2023 - 05 Sep 2023
0.30%
03 Sep 2023 - 04 Sep 2023
0.30%
02 Sep 2023 - 03 Sep 2023
0.30%
01 Sep 2023 - 02 Sep 2023
0.30%
31 Aug 2023 - 01 Sep 2023
0.30%
31 Jul 2023 - 31 Aug 2023
0.30%
30 Jun 2023 - 31 Jul 2023
0.30%
31 May 2023 - 30 Jun 2023
0.30%
30 Apr 2023 - 31 May 2023
0.30%
31 Mar 2023 - 30 Apr 2023
0.30%
28 Feb 2023 - 31 Mar 2023
0.30%
31 Jan 2023 - 28 Feb 2023
0.30%
31 Dec 2022 - 31 Jan 2023
0.30%
31 Dec 2022 - 31 Dec 2022
0.30%
31 Dec 2022 - 31 Dec 2022
0.30%
30 Nov 2022 - 31 Dec 2022
0.30%
30 Nov 2022 - 30 Nov 2022
0.30%
30 Nov 2022 - 30 Nov 2022
0.30%
31 Oct 2022 - 30 Nov 2022
0.30%
31 Oct 2022 - 31 Oct 2022
0.30%
31 Oct 2022 - 31 Oct 2022
0.30%
31 Oct 2022 - 31 Oct 2022
0.30%
30 Sep 2022 - 31 Oct 2022
0.30%
30 Sep 2022 - 30 Sep 2022
0.30%
30 Sep 2022 - 30 Sep 2022
0.30%
31 Aug 2022 - 30 Sep 2022
0.40%
31 Aug 2022 - 31 Aug 2022
0.40%
31 Jul 2022 - 31 Aug 2022
0.40%
31 Jul 2022 - 31 Jul 2022
0.40%
30 Jun 2022 - 31 Jul 2022
0.40%
30 Jun 2022 - 30 Jun 2022
0.40%
31 May 2022 - 30 Jun 2022
0.40%
31 May 2022 - 31 May 2022
0.40%
30 Apr 2022 - 31 May 2022
0.30%
30 Apr 2022 - 30 Apr 2022
0.30%
31 Mar 2022 - 30 Apr 2022
0.30%
31 Mar 2022 - 31 Mar 2022
0.30%
28 Feb 2022 - 31 Mar 2022
0.30%
28 Feb 2022 - 28 Feb 2022
0.30%
31 Jan 2022 - 28 Feb 2022
0.30%
31 Dec 2021 - 31 Jan 2022
0.30%
30 Nov 2021 - 31 Dec 2021
0.30%
Expense ratio, exit load and taxExpense ratio: 0.30%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year. 
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹100
Min. for 2nd investment onwards₹100
Min. for SIP₹100
Fund managementArun Agarwal
Feb 2022 - Present
View details
Education
Mr. Agarwal is a B.Com. and Chartered Accountant
Experience
Prior to joining HDFC Asset Management Company Limited, he has worked with SBI Funds Management Pvt. Ltd., ICICI Bank Limited, UTI Asset Management Pvt. Ltd.
Also manages these schemes
HDFC Arbitrage Direct Plan Growth
HDFC Balanced Advantage Fund Direct Plan Growth
HDFC Index Fund Nifty 50 Plan Direct Growth
HDFC Index S&P BSE Sensex Direct Plan Growth
HDFC Equity Savings Direct Plan Growth
HDFC Multi Asset Fund Direct Growth
HDFC Gold Direct Plan Growth
HDFC Arbitrage Fund Wholesale Direct Growth
HDFC Nifty 50 ETF IDCW
HDFC S&P BSE Sensex ETF IDCW
HDFC NIFTY50 Equal Weight Index Fund Direct Growth
HDFC Developed World Indexes FoF Direct Growth
HDFC NIFTY Next 50 Index Fund Direct Growth
HDFC Nifty 100 Index Fund Direct Growth
HDFC NIFTY 100 Equal Weight Index Fund Direct Growth
HDFC Silver ETF FoF Direct Growth
HDFC NIFTY Midcap 150 Index Fund Direct Growth
HDFC NIFTY Smallcap 250 Index Fund Direct Growth
HDFC S&P BSE 500 Index Fund Direct Growth
Nirman Morakhia
Feb 2023 - Present
View details
Education
Mr. Morakhia has done B.M.S and M.B.A- Financial Markets
Experience
Prior to joining HDFC Mutual Fund, he has worked with Mirae Asset Global Investment Management India Pvt. Ltd.
Also manages these schemes
HDFC Arbitrage Direct Plan Growth
HDFC Balanced Advantage Fund Direct Plan Growth
HDFC Index Fund Nifty 50 Plan Direct Growth
HDFC Index S&P BSE Sensex Direct Plan Growth
HDFC Equity Savings Direct Plan Growth
HDFC Multi Asset Fund Direct Growth
HDFC Gold Direct Plan Growth
HDFC Arbitrage Fund Wholesale Direct Growth
HDFC NIFTY50 Equal Weight Index Fund Direct Growth
HDFC Developed World Indexes FoF Direct Growth
HDFC NIFTY Next 50 Index Fund Direct Growth
HDFC Nifty 100 Index Fund Direct Growth
HDFC NIFTY 100 Equal Weight Index Fund Direct Growth
HDFC Silver ETF FoF Direct Growth
HDFC NIFTY Midcap 150 Index Fund Direct Growth
HDFC NIFTY Smallcap 250 Index Fund Direct Growth
HDFC S&P BSE 500 Index Fund Direct Growth
Fund house & investment objective
HDFC Mutual Fund
Rank (total assets)#2 in India
Total AUM₹5,33,103.59Cr
Date of Incorporation10 Dec 1999
 HDFC NIFTY Next 50 Index Fund Direct Growth is a Other Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was made available to investors on 10 Dec 1999. Krishan Kumar Daga is the Current Fund Manager of HDFC NIFTY Next 50 Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹5,33,104 Cr and the Latest NAV as of 01 Dec 2023 is ₹11.39.
The HDFC NIFTY Next 50 Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100.
;
Investment ObjectiveThe scheme seeks to generate returns that are commensurate (before fees and expenses) with the performance of the NIFTY Next 50 Index TRI (underlying Index), subject to tracking errors.
;
Fund benchmarkNIFTY Next 50 Total Return Index
Scheme Information Document(SID)
Fund house contact details
Address
"HDFC House", 2nd Floor,H. T. Parekh Marg, 165-166, BackbayReclamation, Churchgate Mumbai 400020
Phone
NA
Launch Date
10 Dec 1999
E-mail
NA
Website
www.hdfcfund.com
HDFC Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
Compare funds
HDFC NIFTY Next 50 Index Fund Direct Growth
VS
Add mutual fund to compare

	3M	6M	1Y	All
Fund returns	4.7%	13.9%	9.3%	9.5%
Category average	NA	NA	12.4%	NA
Rank with in category	21	34	53	NA

Name	Sector	Instrument	Assets
Shriram Finance Ltd	Financial	Equity	4.0%
Bharat Electronics Ltd.	Capital Goods	Equity	3.6%
Trent Ltd.	Services	Equity	3.6%
Cholamandalam Investment and Finance Company Ltd.	Financial	Equity	3.4%
Pidilite Industries Ltd.	Chemicals	Equity	2.9%
Godrej Consumer Products Ltd.	Consumer Staples	Equity	2.9%
TVS Motor Company Ltd.	Automobile	Equity	2.8%
Bank Of Baroda	Financial	Equity	2.8%
ICICI Lombard General Insurance Company Ltd.	Insurance	Equity	2.7%
DLF Ltd.	Construction	Equity	2.6%

Rank (total assets)	#2 in India
Total AUM	₹5,33,103.59Cr

Date of Incorporation	10 Dec 1999

Fund benchmark	NIFTY Next 50 Total Return Index

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Min. for 1st investment	₹100
Min. for 2nd investment onwards	₹100

Rating	NA
Fund size	₹356.01Cr

HDFC NIFTY Next 50 Index Fund Direct Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (50)

Disclaimer

Pros and cons

Pros

Cons

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.30%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Arun AgarwalFeb 2022 - PresentView details

Nirman MorakhiaFeb 2023 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Arun Agarwal
Feb 2022 - Present
View details

Nirman Morakhia
Feb 2023 - Present
View details