BSE Scrip Code: 543570

NSE Symbol: HDFCNEXT50

An open ended scheme replicating/tracking NIFTY Next 50 Index (TRI)

Investment Objective: The investment objective of the Scheme is to provide investment returns that, before expenses, closely correspond to the total returns of the Securities as represented by the NIFTY Next 50 Index, subject to tracking errors. There is no assurance that the investment objective of the Scheme will be realized.

What is the Nifty Next 50 Index?

The Nifty Next 50 Index comprises the next 50 large-cap and liquid stocks in India after the Nifty 50. These companies are typically ranked between the 51st and 100th positions in terms of their market capitalization. The Nifty Next 50 Index is a popular benchmark for exchange-traded products in India and provides investors with exposure to the growth potential of these next 50 large-cap companies.

Why HDFC Nifty Next 50 ETF?

The HDFC Nifty Next 50 ETF seeks to replicate the performance of the Nifty Next 50 Total Return Index (TRI) before fees and expenses. By investing in this ETF, investors can aim to earn returns similar to the Nifty Next 50 index.

• Exposure to Large-cap companies: The HDFC Nifty Next 50 ETF provides investors with exposure to India's next 50 large-cap companies after the Nifty 50. These companies are poised to become potential leaders in their respective sectors, making the ETF a good option for investors looking to tap into the growth potential of emerging industry leaders.
• Diversified Large Cap Exposure: By investing in this large-cap, you gain access to a diversified portfolio of large-cap stocks from various sectors. This diversification helps spread investment risk across multiple companies and sectors, potentially enhancing your risk-adjusted returns.
• Lower Costs: Lower expenses makes investing in HDFC Nifty Next 50 ETF a cost-effective way for investors to earn index linked returns.
• Complementary to NIFTY 50: The HDFC Nifty Next 50 ETF complements your exposure to the NIFTY 50 index, offering a balanced and comprehensive approach to capturing the performance of a broader range of large-cap companies.

Who should buy the HDFC Nifty Next 50 ETF?

The HDFC Nifty Next 50 ETF is suitable for investors who are keen to invest in the growth potential of large-cap companies in India. It is particularly suitable for investors who are:

• Looking for exposure to the next tier of companies after the Nifty 50
• Seeking a low-cost investment option
• Interested in the potential of long-term wealth creation through index linked returns

What is the ideal investment time horizon for the HDFC Nifty Next 50 ETF?

The HDFC Nifty Next 50 ETF is suitable for investors with a time horizon of 3 years and above.

How to buy the HDFC Nifty Next 50 ETF?

A. On the Stock Exchange: Investors can buy HDFC Nifty Next 50 ETF units through a stockbroker on the Stock Exchange(s) i.e. NSE/BSE.

B. Directly with the Fund: Market Makers/Large Investors:

On an ongoing basis, Market Makers and Large Investors* may approach the Fund directly for subscription/redemption of units of the ETF at the Intra-Day NAV in multiples of Creation Unit size. *The minimum application amount for Large Investors shall be Rs. 25 Crores and in multiples of Creation Unit Size^.

^ Not Applicable till February 28, 2025 for a) Schemes managed by Employee Provident Fund Organisation, India and b) Recognised Provident Funds, approved gratuity funds and approved superannuation funds under Income tax act, 1961.

 

For current constituents of NIFTY Next 50 (Total Returns Index), please click here.

For changes to Index constituents, please click here.