ReviewDirect · Growth

HSBC NIFTY 50 Index Fund

HSBC Mutual Fund Index Funds - Equity Funds3.8 years

NAV: 27.3889; 15 Sept 2026
1Y: -7.0%; Trailing CAGR
AUM: ₹395.67 Cr; 31 Aug 2026
Volatility: Medium; 12.5% annualized

Sept 2024 – Sept 2026

All funds

ReviewDirect · Growth

HSBC NIFTY 50 Index Fund

HSBC Mutual Fund Index Funds - Equity Funds3.8 years

NAV: 27.3889; 15 Sept 2026
1Y: -7.0%; Trailing CAGR
AUM: ₹395.67 Cr; 31 Aug 2026
Volatility: Medium; 12.5% annualized

NAV path pending

NAV

15 Sept 2026 · -7.0% over 1Y

27.3889

Sept 202526.2731 – 30.9521Sept 2026

Returns

Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.

Trailing CAGR

Point-to-point, calendar-day annualized

1Y-7.0%
3Y+5.6%
5Yn/a
10Yn/a
SI+6.9%

SIP XIRR

Equal monthly instalments to latest NAV

1Y-10.9%
3Y-0.1%
5Yn/a
10Yn/a

Since inception: +6.9%; Calendar-day CAGR
Excess 1Y: -8.4%; Category median, same plan and option
3Y win rate: 0%; Windows beating the median
3Y percentile: 11; Vs comparable share classes
Worst rolling 3Y: +5.6%; 197 daily-ending windows
Median rolling 3Y: +10.9%; Calendar-day CAGR
Positive rolling 5Y: n/a; 0 daily-ending windows
SIP 3Y XIRR: -0.1%; Simulated monthly SIP

Drawdown

Peak to trough from a running NAV high. Move across the path to read a date.

Drawdown

15 Sept 2026

-11.5%

Nov 2022-15.5% – 0.0%Sept 2026

Average recovery: 14 days; 39 recovered episodes
Longest recovery: 237 days; Trough to prior peak
Current spell: 256 days; Days below latest peak
Time below peak: +90%; NAV observations

26 Sept 2024 – 27 Oct 2025
Trough 4 Mar 2025 · recovered in 237 days
-15.5%
2 Jan 2026 – open
Trough 31 Mar 2026 · not recovered
-15.1%
1 Dec 2022 – 14 Jun 2023
Trough 24 Mar 2023 · recovered in 82 days
-9.9%
15 Sept 2023 – 1 Dec 2023
Trough 26 Oct 2023 · recovered in 36 days
-6.5%

Dimensions

0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.

Returns
11
Vs category
0
Consistency
18
Risk-adjusted
34
Drawdown
61
Mean
25

Portfolio

31 Aug 2026 · 51 holdings · top 10 are 52.9%.

Top 5: 36.9%
Top 10: 52.9%
Largest holding: 9.8%
Effective holdings: 24.3

HDFC Bank Ltd
Financial
9.8%
ICICI Bank Ltd
Financial
9.4%
Reliance Industries Ltd
Energy & Utilities
7.8%
Bharti Airtel Ltd
Technology
5.0%
Larsen & Toubro Ltd
Industrials
4.3%

What changed

PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
11 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
10 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
8 Sept 2026

Decision

Quantitative read of the live evidence. An explanation can only restate what is already here.

As of 15 Sept 2026

Review

Engine status

Review

Closer look

Why this status

Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Recent return trails the category median by 3 percentage points or more, with a weak rolling win rate.
Three-year return sits below the 25th percentile of comparable share classes.

Supporting reads

No supporting reads in the current evidence set.

NAV

Path not in current snapshots

n/a

Returns

Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.

Trailing CAGR

Point-to-point, calendar-day annualized

1Y-7.0%
3Y+5.6%
5Yn/a
10Yn/a
SI+6.9%

SIP XIRR

Equal monthly instalments to latest NAV

1Y-10.9%
3Y-0.1%
5Yn/a
10Yn/a

Since inception: +6.9%; Calendar-day CAGR
Excess 1Y: -8.4%; Category median, same plan and option
3Y win rate: 0%; Windows beating the median
3Y percentile: 11; Vs comparable share classes
Worst rolling 3Y: +5.6%; 197 daily-ending windows
Median rolling 3Y: +10.9%; Calendar-day CAGR
Positive rolling 5Y: n/a; 0 daily-ending windows
SIP 3Y XIRR: -0.1%; Simulated monthly SIP

Drawdown

Peak to trough from a running NAV high. Move across the path to read a date.

Drawdown

Path not in current snapshots

n/a

Average recovery: 14 days; 39 recovered episodes
Longest recovery: 237 days; Trough to prior peak
Current spell: 256 days; Days below latest peak
Time below peak: +90%; NAV observations

26 Sept 2024 – 27 Oct 2025
Trough 4 Mar 2025 · recovered in 237 days
-15.5%
2 Jan 2026 – open
Trough 31 Mar 2026 · not recovered
-15.1%
1 Dec 2022 – 14 Jun 2023
Trough 24 Mar 2023 · recovered in 82 days
-9.9%
15 Sept 2023 – 1 Dec 2023
Trough 26 Oct 2023 · recovered in 36 days
-6.5%

Dimensions

0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.

Returns
11
Vs category
0
Consistency
18
Risk-adjusted
34
Drawdown
61
Mean
25

Portfolio

31 Aug 2026 · 51 holdings · top 10 are 52.9%.

Top 5: 36.9%
Top 10: 52.9%
Largest holding: 9.8%
Effective holdings: 24.3

HDFC Bank Ltd
Financial
9.8%
ICICI Bank Ltd
Financial
9.4%
Reliance Industries Ltd
Energy & Utilities
7.8%
Bharti Airtel Ltd
Technology
5.0%
Larsen & Toubro Ltd
Industrials
4.3%

What changed

PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
11 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
10 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
8 Sept 2026

Decision

Quantitative read of the live evidence. An explanation can only restate what is already here.

As of 15 Sept 2026

Review

Engine status

Review

Closer look

Why this status

Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Recent return trails the category median by 3 percentage points or more, with a weak rolling win rate.
Three-year return sits below the 25th percentile of comparable share classes.

Supporting reads

No supporting reads in the current evidence set.

Worth investigating

Same-category peers with enough history to inspect beside this fund.

NAV

15 Sept 2026 · -7.0% over 1Y

27.3889

Sept 202526.2731 – 30.9521Sept 2026

Returns

Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.

Trailing CAGR

Point-to-point, calendar-day annualized

1Y-7.0%
3Y+5.6%
5Yn/a
10Yn/a
SI+6.9%

SIP XIRR

Equal monthly instalments to latest NAV

1Y-10.9%
3Y-0.1%
5Yn/a
10Yn/a

Since inception: +6.9%; Calendar-day CAGR
Excess 1Y: -8.4%; Category median, same plan and option
3Y win rate: 0%; Windows beating the median
3Y percentile: 11; Vs comparable share classes
Worst rolling 3Y: +5.6%; 197 daily-ending windows
Median rolling 3Y: +10.9%; Calendar-day CAGR
Positive rolling 5Y: n/a; 0 daily-ending windows
SIP 3Y XIRR: -0.1%; Simulated monthly SIP

Drawdown

Peak to trough from a running NAV high. Move across the path to read a date.

Drawdown

15 Sept 2026

-11.5%

Nov 2022-15.5% – 0.0%Sept 2026

Average recovery: 14 days; 39 recovered episodes
Longest recovery: 237 days; Trough to prior peak
Current spell: 256 days; Days below latest peak
Time below peak: +90%; NAV observations

26 Sept 2024 – 27 Oct 2025
Trough 4 Mar 2025 · recovered in 237 days
-15.5%
2 Jan 2026 – open
Trough 31 Mar 2026 · not recovered
-15.1%
1 Dec 2022 – 14 Jun 2023
Trough 24 Mar 2023 · recovered in 82 days
-9.9%
15 Sept 2023 – 1 Dec 2023
Trough 26 Oct 2023 · recovered in 36 days
-6.5%

Dimensions

0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.

Returns
11
Vs category
0
Consistency
18
Risk-adjusted
34
Drawdown
61
Mean
25

Portfolio

31 Aug 2026 · 51 holdings · top 10 are 52.9%.

Top 5: 36.9%
Top 10: 52.9%
Largest holding: 9.8%
Effective holdings: 24.3

HDFC Bank Ltd
Financial
9.8%
ICICI Bank Ltd
Financial
9.4%
Reliance Industries Ltd
Energy & Utilities
7.8%
Bharti Airtel Ltd
Technology
5.0%
Larsen & Toubro Ltd
Industrials
4.3%

What changed

PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
11 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
10 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
8 Sept 2026

Decision

Quantitative read of the live evidence. An explanation can only restate what is already here.

As of 15 Sept 2026

Review

Engine status

Review

Closer look

Why this status

Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Recent return trails the category median by 3 percentage points or more, with a weak rolling win rate.
Three-year return sits below the 25th percentile of comparable share classes.

Supporting reads

No supporting reads in the current evidence set.

HSBC NIFTY 50 Index Fund

Returns

Drawdown

Dimensions

Portfolio

What changed

Decision

Worth investigating

Aditya Birla Sun Life BSE 500 Momentum 50 Index Fund

Aditya Birla Sun Life BSE 500 Quality 50 Index Fund

Aditya Birla Sun Life Nifty 50 Equal Weight index Fund

Aditya Birla Sun Life Nifty India Defence Index Fund

Aditya Birla Sun Life Nifty Midcap 150 Index Fund

HSBC NIFTY 50 Index Fund

HSBC NIFTY 50 Index Fund

Returns

Drawdown

Dimensions

Portfolio

What changed

Decision

Returns

Drawdown

Dimensions

Portfolio

What changed

Decision

Worth investigating

Aditya Birla Sun Life BSE 500 Momentum 50 Index Fund

Aditya Birla Sun Life BSE 500 Quality 50 Index Fund

Aditya Birla Sun Life Nifty 50 Equal Weight index Fund

Aditya Birla Sun Life Nifty India Defence Index Fund

Aditya Birla Sun Life Nifty Midcap 150 Index Fund

HSBC NIFTY 50 Index Fund

Returns

Drawdown

Dimensions

Portfolio

What changed

Decision