HDFC Nifty 500 Multicap 50:25:25 Index Fund Review – HDFC Nifty 500 Multicap 50:25:25 Index Fund Direct NFO Open on 6 August 2024 and Close on 20 August 2024. HDFC Nifty 500 Multicap 50:25:25 Index Fund Direct NFO Allotment Date is 23 August 2024, and the NFO Type is Open-Ended. NFO Riskometer is Very High Risk, and the Minimum Investment Amount is ₹100. The Minimum SIP Investment Amount is ₹100.
Type of the Scheme
Open ended scheme replicating/tracking Nifty 500 Multicap 50:25:25 Index.
Scheme Benchmark : Nifty 500 Multicap 50:25:25 Index The benchmark is also referred to as “Underlying Index” in this document. The above Index has been chosen as the benchmark since the Scheme will invest in stocks which are constituents of Nifty500 Multicap 50:25:25 Index. Thus, the aforesaid benchmark is such that it is most suited for comparing the performance of the Scheme.
- Large Cap stocks (Stocks part of Nifty 100 index) – Total Weight 50%
- Mid Cap stocks (Stocks part of Nifty Midcap 150 index) – Total Weight 25%
- Small Cap stocks (Stocks part of Nifty Smallcap 250 index) – Total Weight 25%
HDFC Nifty 500 Multicap 50:25:25 Index Fund Scheme Benchmark
| Company | Weightage |
|---|---|
| HDFC Bank Ltd. | 4.39 |
| Reliance Industries Ltd. | 3.68 |
| ICICI Bank Ltd. | 3.09 |
| Infosys Ltd. | 2.44 |
| ITC Ltd. | 1.65 |
| Larsen & Toubro Ltd. | 1.61 |
| Tata Consultancy Services Ltd. | 1.60 |
| Bharti Airtel Ltd. | 1.44 |
| State Bank of India | 1.21 |
| Axis Bank Ltd. | 1.20 |
HDFC Nifty 500 Multicap 50:25:25 Index Fund Nfo Important Date
| Scheme Offer | HDFC Nifty500 Multicap 50:25:25 Index Fund |
|---|---|
| Offer Price | Rs. 10/- per Unit |
| Type of Scheme | An open-ended |
| Open Date | 06 Aug 2024 |
| Allotment Date | 23 Aug 2024 |
| Close Date | 20 Aug 2024 |
| Category | Index Fund |
| Min Inv ₹ | 100 |
| Lock in Period | N/A |
| Risk | Very High |
| Scheme Benchmark | Nifty500 Multicap 50:25:25 Index |
Investment Objective of the Scheme ?
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. There is no assurance that the investment objective of the Scheme will be achieved.
HDFC Nifty 500 Multicap 50:25:25 Index Fund Nfo Other Details
| Exit Load | N/A |
|---|---|
| Exit Load Details | N/A |
| Entry Load | N/A |
| Stamp Duty | 0.005% |
| Min. Investment | Rs. 100 |
| Min. SIP | Rs. 100 |
HDFC Nifty 500 Multicap 50:25:25 Index Fund Review Asset Allocation
| Instruments | Allocation Min | Allocation Max |
|---|---|---|
| Securities covered by Nifty500 Multicap 50:25:25 Index | 95% | 100% |
| Debt Securities & Money Market Instruments, Units of Debt Schemes of Mutual Funds | 0% | 5% |
HDFC Nifty 500 Multicap 50:25:25 Index Fund Review Manager Details
- Fund Manger : Nirman Morakhia
- Qualification : M.B.A – Financial Markets (Institute of Technology and Management, Navi Mumbai), B.M.S (Mumbai University).
- Experience : Collectively over 16 years of experience in equity dealing. March 15, 2018 till date HDFC Asset Management Company Limited November 19, 2007- March 14, 2018Mirae Asset Global Investment Management India Pvt. Ltd. Last Position held: Equity Dealer.
- Fund Manger : Arun Agarwal
- Qualification : B.Com., Chartered Accountant
- Experience : Collectively over 25 years of experience in equity, debt and derivative dealing, fund management, internal audit and treasury operations. September 16, 2010 till Date HDFC Asset Management Company Limited.
HDFC Nifty 500 Multicap 50:25:25 Index Fund Sector Representation
| Sector | Weightage |
|---|---|
| Financial Services | 25.10 |
| Capital Goods | 8.77 |
| Information Technology | 8.30 |
| Automobile and Auto Components | 7.32 |
| Healthcare | 7.09 |
| Oil, Gas & Consumable Fuels | 7.03 |
| Fast Moving Consumer Goods | 5.92 |
| Consumer Durables | 3.71 |
| Chemicals | 3.42 |
| Consumer Services | 3.41 |
| Power | 3.28 |
| Construction | 3.26 |
| Metals & Mining | 3.18 |
| Telecommunication | 2.69 |
| Services | 2.19 |
| Realty | 1.91 |
| Construction Materials | 1.87 |
| Textiles | 0.56 |
| Media, Entertainment & Publication | 0.43 |
| Diversified | 0.33 |
| Forest Materials | 0.22 |
HDFC Nifty 500 Multicap 50:25:25 Index Fund Review Index Return
| Index Return | QTD | YTD | 1 Year | 5 Years | Since Inception |
|---|---|---|---|---|---|
| Price Return | 3.55 | 23.34 | 44.08 | 24.71 | 15.58 |
| Total Return | 3.64 | 23.98 | 45.31 | 25.94 | 17.11 |
How Will The Scheme Allocate Its Assets?
- Equity and equity related instruments.
- Debt and Money Market Instruments.
- Short Term Deposits.
- Units of mutual funds.
- Derivatives – Equity.
- Any other instruments as may be permitted by RBI / SEBI from time to time, subject to necessary regulatory approvals.
Also Read: ICICI Prudential Nifty Metal ETF Review
Manager Manage the Scheme?
- Nirman Morakhia
- Arun Agarwal
HDFC Nifty 500 Multicap 50:25:25 Index Fund Registrar
Computer Age Management Services Ltd.
7th Floor, Tower II, Rayala Towers, 158,
Anna Salai, Chennai – 600002
Telephone:1800-3010-6767
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