July 27, 2024
mayank
HDFC Nifty500 Multicap 50:25:25 Index Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @chanakyamfguidance
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Past Performance of NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the HDFC Nifty500 Multicap 50:25:25 Index Fund Open Date, Close Date?
NFO opens on August 06, 2024
NFO will close on August 20, 2024
What is the Investment Strategy?
The scheme seeks to generate returns that are commensurate (before fees and expenses) with the performance of the Nifty500 Multicap 50:25:25 Index, subject to tracking error.
Basic Details
| Fund House | HDFC Mutual Fund |
| Issue Open | 06 August 2024 |
| Issue Close | 20 August 2024 |
| Type | Open-ended |
| Category | Equity: Multi Cap |
| Min. Investment(Rs) | 100 |
| Plans | Growth |
| Lock-in Period | NA |
| Exit Load | 0 |
| Riskometer | Very High |
| Benchmark | Nifty 500 Multicap 50:25:25 TRI |
What is the Benchmark Index of HDFC Nifty500 Multicap 50:25:25 Index Fund?
The Nifty500 Multicap 50:25:25 index aims to measure the performance of portfolio of large, mid and small market capitalisation companies with target weights assigned to each size segment. The Nifty500 Multicap 50:25:25 index includes all companies that are part of Nifty 500 index.
While in Nifty 500 index, the total weight of each size segment (Large, Mid and Small cap) is based on the total free float market capitalisation of all stocks falling within that size segment, in Nifty500 Multicap 50:25:25 index, the total weight to each of these three segments (Large, Mid and Small cap) is fixed at 50%, 25% and 25% respectively at every quarterly rebalance date. The weight of 50%, 25% and 25% for the three segments are further divided amongst stocks within the respective segment based on underlying stock’s free float market capitalisations. Weight of each size segment may be different from its respective capped level between two rebalance dates due to price drift of underlying stocks.
The index can be used for a variety of purposes such as benchmarking, creation of index funds, ETFs and structured products.
Index Variant: Nifty500 Multicap 50:25:25 Total Returns Index.
Past Performance of Benchmark Index
| Index Returns (%) | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | 13.70 | 18.03 | 44.55 | 21.64 | 15.39 |
| Total Return | 14.02 | 18.54 | 45.81 | 22.89 | 16.93 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 14.46 | 18.57 | 20.26 |
| Beta (NIFTY 50) | 1.02 | 0.91 | 0.89 |
| Correlation (NIFTY 50) | 0.90 | 0.94 | 0.94 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 28.37 | 4.56 | 0.97 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| HDFC Bank Ltd. | 4.79 |
| Reliance Industries Ltd. | 4.00 |
| ICICI Bank Ltd. | 3.19 |
| Infosys Ltd. | 2.14 |
| Larsen & Toubro Ltd. | 1.57 |
| Tata Consultancy Services Ltd. | 1.49 |
| ITC Ltd. | 1.48 |
| Bharti Airtel Ltd. | 1.46 |
| Axis Bank Ltd. | 1.36 |
| State Bank of India | 1.23 |
Performance Review of the Fund Managers of HDFC Nifty500 Multicap 50:25:25 Index Fund?
1) Nirman S. Morakhia
Education: Mr. Morakhia has done BMS and MBA – Financial Markets
Experience: Prior to joining HDFC Mutual Fund, he has worked with Mirae Asset Global Investment Management India Pvt. Ltd.
Past Performance of his Schemes
| Fund | HDFC BSE 500 ETF | It’s Benchmark | HDFC NIFTY Midcap 150 ETF | It’s Benchmark |
| 1 Year | 38.66 | 39.07 | 58.87 | 60.48 |
| 3 Year | — | — | — | — |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 27-07-2024
2) Arun Agarwal
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.
Past Performance of his Schemes
| Fund | HDFC Arbitrage Fund – Wholesale Plan | It’s Benchmark | HDFC Equity Savings Fund | It’s Benchmark |
| 1 Year | 7.86 | 4.69 | 18.58 | 15.31 |
| 3 Year | 5.75 | 3.55 | 12.12 | 10.39 |
| 5 Year | 5.12 | 3.31 | 12.48 | 10.20 |
| 7 Year | 5.33 | 3.58 | 10.39 | 9.29 |
| 10 Year | 5.74 | 3.98 | 10.87 | 9.24 |
As on 27-07-2024
Which Company Owns HDFC Nifty500 Multicap 50:25:25 Index Fund?
HDFC Asset Management Company Ltd
Address: “HDFC House”, 2nd Floor, H. T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate Mumbai – 400020
Website: http://www.hdfcfund.com
Registrar & Transfer Agent:
Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai – 600002
Website: www.camsonline.com
Is it good to invest in HDFC Nifty500 Multicap 50:25:25 Index NFO?
Guidance for HDFC Nifty500 Multicap 50:25:25 Index Fund by Paresh Gordhandas, C.A., Research Analyst.
The Nifty500 Multicap 50:25:25 index aims to measure the performance of portfolio of large, mid and small market capitalisation companies with target weights assigned to each size segment. Companies with top weightage in this Index include HDFC Bank, Infosys, Reliance Industries, ICICI Bank, TCS etc. The Index has given 1 year return of 44.55% and 5 year return of 21.64%.
The Nifty500 Multicap 50:25:25 has delivered an average 10-year return of around 13.9 per cent, compared to the Nifty 500’s 12.4 per cent over the same period.
This fund can be compared with the Navi Nifty500 Multicap 50:25:25 and the upcoming NFO of Mirae Asset Nifty500 Multicap 50:25:25.
This fund is suitable for investors who are not well conversed with the market and yet want to distribute their holdings across companies of different market caps. Can invest.
>> Post your MF questions @ sahifund.com/ask-me/
>> NFO Guidance:
https://sahifund.com/category/nfos/
>> Chanakya’s Mutual Fund Guidance on YouTube
https://www.youtube.com/c/ChanakyaNiPothi
>> Join Chanakya MF’s Telegram Channel @
https://t.me/chanakyaMFGuidance
Quicklinks