HSBC NIFTY 50 INDEX FUND - Direct IDCW

Factsheet

As of 31 Aug 2026

Inception

15 Apr 2020

Fund managers

Mr. Praveen Ayathan (since 15 Apr 2020), Mr. Rajeesh Nair (since 01 Oct 2023)

Benchmark

Nifty 50 TRI

AUM

392.17 crore

Regular expense

1%

Direct expense

0.15%

Portfolio turnover

0.1

Minimum investment

₹ 5,000

SIP minimum

₹ 500

Exit load

If the units redeemed or switched out are upto 10% of the units purchased or switched in (“the limit”) within 1 Month from the date of allotment - Nil • If units redeemed or switched out are over and above the limit within 1 Month from the date of allotment - 1% • If units are redeemed or switched out on or after 1 Month from the date of allotment - Nil