May 30, 2024
mayank
HDFC S&P BSE 500 Index Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 14.2986
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
This is a flexi-cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending on where it expects maximum gains. This versatility makes flexi-cap funds most suitable for equity fund investors, as the job of stock selection is left completely to the fund manager, which is the very idea of investing in a mutual fund.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to generate returns that are commensurate (before fees and expenses) with the performance of the S&P BSE 500 Index, subject to tracking error.
Fund Manager:
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.
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.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details
| Fund House | HDFC Mutual Fund |
| Launch Date | 21-Apr-23 |
| Return Since Launch | 38.13% |
| Benchmark | S&P BSE 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 69 Cr |
| (As on 30-Apr-2024) | |
| Expense | 0.30% |
| (As on 30-Apr-2024) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 6.96% |
Trailing Returns (%) of HDFC S&P BSE 500 Index Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| HDFC S&P BSE 500 Index Dir | 9.34 | -0.59 | 1.37 | 5.65 | 18.57 | 34.58 | — | — | — | — |
| S&P BSE 500 TRI | 9.72 | -0.59 | 1.52 | 5.90 | 19.11 | 35.62 | — | — | — | — |
| Equity: Flexi Cap | 10.93 | -0.52 | 1.67 | 6.79 | 19.27 | 37.41 | — | — | — | — |
| Rank within category | 47 | 50 | 55 | 59 | 41 | 43 | — | — | — | — |
| Number of funds in category | 81 | 83 | 83 | 82 | 81 | 75 | 59 | 46 | 36 | 31 |
Peer Comparison of HDFC S&P BSE 500 Index Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| HDFC S&P BSE 500 Index Dir | Unrated | 34.58 | — | — | 0.30 | 69 | 38.13 | — | 1Y 1M | 6.96 |
| Motilal Oswal Nifty 500 Index Dir | 3 star | 35.48 | 18.16 | — | 0.38 | 1,105 | 20.72 | 1.00 (15) | 4Y 8M | 16.00 |
| Parag Parikh Flexi Cap Dir | 5 star | 34.41 | 21.49 | 24.72 | 0.62 | 63,934 | 20.56 | 2.00 (365) | 11Y | 3.24 |
| HDFC Flexi Cap Dir | 4 star | 43.25 | 25.79 | 20.33 | 0.80 | 52,874 | 17.35 | 1.00 (365) | 11Y 4M | 34.72 |
| Franklin India Flexi Cap Dir | 4 star | 43.34 | 22.34 | 20.61 | 0.97 | 15,267 | 17.62 | 1.00 (365) | 11Y 4M | 20.79 |
Portfolio Analysis of HDFC S&P BSE 500 Index Fund
| No. of Stocks | 501 |
| Top 10 Stocks | 34.17% |
| Top 5 Stocks | 23.47% |
| Top 3 Sectors | 47.13% |
| Portfolio P/B Ratio | 4.11 |
| Portfolio P/E Ratio | 26.41 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,13,943 | 1,68,660 |
| Giant (%) | 59.47 | 50.98 |
| Large (%) | 19.95 | 19.98 |
| Mid (%) | 18.13 | 22.93 |
| Small (%) | 2.45 | 6.84 |
| Tiny (%) | — | — |
How to Invest in HDFC S&P BSE 500 Index Fund?
Chanakya’s Mutual Fund Guidance For HDFC S&P BSE 500 Index Fund
Do not invest in this, or any other flexi-cap fund, if you need to redeem your investment in less than five years.
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