MF Gyan
indexHigh risk5 years oldSteady vs its 3-year pace

HDFC NIFTY Next 50 index Fund - Direct Plan - Growth Option

Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market. From HDFC Mutual Fund. It's been running since 3 Nov 2021.

Latest price per unit
₹17.2576
▼ 0.24% today
As of 4 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.09 L
▲ ₹9.1k gain · 9.1% / year
Invested 3 years ago
₹1.63 L
▲ ₹62.5k gain · 17.6% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹2.05 L
Gain / loss+₹24.9k
XIRR (annualised)9.05%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹2.07 L
Projected gain*+₹27.5k
*at this fund's historical rate of 9.05% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 500 other funds in Other Scheme - Index Funds

Same plan
1-year return
9.07%median 5.83% (+3.24%)
Rank #101 of 501Beats 80% of peers
3-year return
17.58%median 7.64% (+9.94%)
Rank #31 of 501Beats 89% of peers
Bumpiness (3Y)
18.51%median 13.31% (+5.20%)
Rank #402 of 501Less risky than 20% of peers
Worst-ever drop
-26.67%median -17.31% (-9.36%)
Rank #125 of 501Less risky than 75% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 4 of last 6 years were positive.

-1%
2021
-0%
2022
+26%
2023
+27%
2024
+2%
2025
+5%
2026
Best year
2024 · 27.10%
Worst year
2021 · -1.28%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
18.5%

The value swings roughly 19% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-26.67%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of HDFC NIFTY Next 50 index Fund - Direct Plan - Growth Option against other index funds.

Technical details (for the pros)
CAGR — 1 year9.07%
CAGR — 3 years17.58%
CAGR — 5 years—
CAGR — since launch11.97%
Volatility — 1 year (annualised)16.68%
Volatility — 3 years (annualised)18.51%
Max drawdown — 1 year-14.44%
Max drawdown — 3 years-26.67%
Sharpe ratio — 1 year (rf=6%)0.17
Sharpe ratio — 3 years (rf=6%)0.57

Fund info

Fund house
HDFC Mutual Fund
Category
Other Scheme - Index Funds
Plan
Direct
Option
Growth
ISIN (Growth)
INF179KC1BQ9
ISIN (Div re-invest)
—
Fund code
149288
First price on record
3 Nov 2021 · 1,192 daily prices

About HDFC NIFTY Next 50 index Fund - Direct Plan - Growth Option

HDFC NIFTY Next 50 index Fund - Direct Plan - Growth Option is a Other Scheme - Index Funds offered by HDFC Mutual Fund under the Direct plan with the Growth option. It has approximately 5 years of NAV track record. The fund falls in the index category — Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market.

The current NAV of HDFC NIFTY Next 50 index Fund - Direct Plan - Growth Option is ₹17.2576 (as of 4 Sep 2026). Historically, it has delivered 9.06% over the last year, 17.58% CAGR over 3 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 18.5% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 26.7%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of HDFC NIFTY Next 50 index Fund - Direct Plan - Growth Option?+

The latest NAV of HDFC NIFTY Next 50 index Fund - Direct Plan - Growth Option is ₹17.2576 as of 4 Sep 2026, down 0.24% from the previous day. NAV is updated once a business day after the market close.

What are the returns of HDFC NIFTY Next 50 index Fund - Direct Plan - Growth Option?+

HDFC NIFTY Next 50 index Fund - Direct Plan - Growth Option has delivered 1-year return 9.06%, 3-year CAGR 17.58%, since-inception CAGR 11.97%. Returns are historical and don't predict future performance — markets move in cycles.

What category does HDFC NIFTY Next 50 index Fund - Direct Plan - Growth Option belong to?+

HDFC NIFTY Next 50 index Fund - Direct Plan - Growth Option is categorised as Other Scheme - Index Funds. Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market.

How risky is HDFC NIFTY Next 50 index Fund - Direct Plan - Growth Option?+

Based on its 3-year annualised volatility of 18.5%, HDFC NIFTY Next 50 index Fund - Direct Plan - Growth Option sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is HDFC NIFTY Next 50 index Fund - Direct Plan - Growth Option a direct plan?+

HDFC NIFTY Next 50 index Fund - Direct Plan - Growth Option is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is HDFC NIFTY Next 50 index Fund - Direct Plan - Growth Option?+

HDFC NIFTY Next 50 index Fund - Direct Plan - Growth Option has NAV history available from 3 Nov 2021 — approximately 5 years of track record and 1,192 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.