NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹211.48
-0.17%
NAV as on 30 Apr 24, 12:00 AM
very high risk
index funds
equity
NAV as on 30 Apr 24, 12:00 AM
very high risk
index funds
equity
26.01%p.a.
Last 1Y
16.41%p.a.
Last 3Y
14.70%p.a.
Last 5Y
14.86%p.a.
Since Inception
About HDFC Index Nifty 50 for NRIs
NRIs can achieve long-term capital appreciation by investing in the HDFC Index Nifty 50 scheme from HDFC Asset Management Co Ltd. It is a Index Funds mutual fund scheme that predominantly invests in Index Funds stocks of companies. Launched on Jul 2002, HDFC Index Nifty 50 is Index Funds fund of its category with 12,764.25 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Index Funds funds.
- HDFC Index Nifty 50 delivered 26.0% annual returns during the last year. It has delivered 14.9% average annual returns since the fund was launched.
- HDFC Index Nifty 50 scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
The investment objective of the Scheme is to generate returns that are commensurate with the performance of the NIFTY 50 Index, subject to tracking errors. There is no assurance that the investment objective of the Scheme will be realized.
Top 10 Holdings
HDFC Bank Ltd
11.08%
Reliance Industries Ltd
10.23%
ICICI Bank Ltd
7.81%
Infosys Ltd
5.44%
Larsen & Toubro Ltd
4.53%
Tata Consultancy Services Ltd
4.00%
ITC Ltd
3.86%
Bharti Airtel Ltd
3.25%
Axis Bank Ltd
3.02%
State Bank of India
2.94%
Fund Managers
- Arun Agarwal (Aug 2020 - Present)
- Nirman Morakhia (Feb 2023 - Present)
Key Information
View Scheme Document
HDFC Index Nifty 50 SIP Calculator
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on HDFC Index Nifty 50
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in HDFC Index Nifty 50?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in HDFC Index Nifty 50
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
Similar Funds
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3Y Return
UTI Nifty 50 Index Fund Plan Growth
very high risk | equity
16.5%
ICICI Prudential Nifty 50 Index Plan Growth
very high risk | equity
16.4%
SBI Nifty Index Fund Growth
very high risk | equity
16.3%
Frequently Asked Questions
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