NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

HDFC Index Nifty 50 for NRI [235.10]

Min Investment

100

Fund Size

18,127 Cr

Expense Ratio

0.4%

Exit Load

0.25%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

235.10

-0.13%

NAV as on 09 Oct 24, 12:00 AM

very high risk

index funds

equity

NAV as on 09 Oct 24, 12:00 AM

very high risk

index funds

equity

28.97%p.a.

Last 1Y

12.59%p.a.

Last 3Y

17.89%p.a.

Last 5Y

15.28%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 18,127 Cr fund under management as on Oct 2024. The expense ratio of this fund is less than that of most other Fund category Index Funds funds.

  • HDFC Index Nifty 50 delivered 29.0% annual returns during the last year. It has delivered 15.3% 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

11.34%

Reliance Industries Ltd

8.64%

ICICI Bank Ltd

7.74%

Infosys Ltd

5.83%

ITC Ltd

4.16%

Bharti Airtel Ltd

3.96%

Tata Consultancy Services Ltd

3.77%

Larsen & Toubro Ltd

3.74%

Axis Bank Ltd

3.03%

State Bank of India

2.62%

Fund Managers

  1. Arun Agarwal (Aug 2020 - Present)
  2. Nirman Morakhia (Feb 2023 - Present)

Key Information

View Scheme Document

HDFC Index Nifty 50 SIP Calculator

If invested

5,000

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 TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% 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

Frequently Asked Questions