HDFC BSE 500 Index Fund
HDFC Mutual Fund · Index Fund · Direct plan, growth option
| Period | Scheme | Category median | Broad market (500 / total) median |
|---|---|---|---|
| 1 month | -6.5% | -7.4% | -6.6% |
| 3 months | -6.5% | -7.1% | -6.5% |
| 6 months | -5.7% | -5.8% | -5.5% |
| Year to date | -10.0% | -8.6% | -9.6% |
| 1 year | -9.5% | -8.2% | -9.0% |
| 3 years (CAGR) | 8.4% | 9.0% | 9.0% |
| 5 years (CAGR) | n/a | 6.3% | 7.6% |
| 7 years (CAGR) | n/a | 10.9% | 13.1% |
| 10 years (CAGR) | n/a | 11.0% | n/a |
| Since first NAV (CAGR) | 11.2% | – | – |
“Broad market (500 / total)” is MFIC's grouping of Index Fund schemes by the theme or index in their names, not an AMFI category.
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 6.1% | 6.7% |
| 3Y rolling median | 11.9% | 15.9% |
| 3Y rolling worst | 7.9% | 7.6% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | n/a | 13.6% |
| 5Y rolling worst | n/a | 5.6% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 15.6% | 17.4% |
| Sharpe ratio | 0.13 | 0.16 |
| Sortino ratio | 0.19 | 0.23 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −18.8% | −18.8% |
| Maximum drawdown, last 10Y | n/a | −38.1% |
| Maximum drawdown, last 5Y | n/a | −18.0% |
| Current drawdown | −12.0% | −12.9% |
| Recovery time of worst fall | n/a | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
This scheme aim to track the market below, so its level, valuation and recent path are the main drivers of returns.
- P/E 20.8: higher than 2% of days since 2015 (median 25.6)
- 1Y −9.0% · 3Y +9.0% p.a. · 5Y +7.6% p.a. (index fund NAV, after costs)
- −11.1% from its 52-week high
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
The Regular plan's expense ratio is 0.84% a year and the Direct plan's 0.35%, a gap of 0.49%; over the last 3 years the Direct plan returned 0.58 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹12,60,819.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
| Fund manager | Role | Managing since |
|---|---|---|
| Nandita Menezes | 29 Mar 2025 | |
| Arun Agarwal | 21 Apr 2023 |
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | 0.35% | 0.47% |
| AUM, whole scheme (₹ crore) | 311 | 149 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 22 Oct 2026.
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | -8.2% | -8.0% TRI |
| Return, 3 years (AMFI) | 8.1% | 8.7% TRI |
Official benchmark: BSE 500 TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Index Fund Direct plans; how it is calculated.
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | -10.0% | n/a | – |
| 2025 | 7.2% | n/a | – |
| 2024 | 15.0% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,12,059 | -10.9% |
| 3 years | ₹3,60,000 | ₹3,56,147 | -0.7% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Motilal Oswal Nifty 500 Index Fund | Index Fund | 1.00 | 9.0% |
| SBI Nifty 500 Index Fund | Index Fund | 1.00 | n/a |
| Axis Nifty 500 Index Fund | Index Fund | 1.00 | n/a |
| Mirae Asset Nifty Total Market Index Fund | Index Fund | 1.00 | n/a |
| BANDHAN NIFTY TOTAL MARKET INDEX FUND | Index Fund | 1.00 | n/a |
| Groww Nifty Total Market Index Fund | Index Fund | 1.00 | 9.1% |
- What is the latest NAV of HDFC BSE 500 Index Fund?
- The NAV of the Direct plan (growth option) was ₹14.5035 on 23 Oct 2026, as published by AMFI.
- Which category is HDFC BSE 500 Index Fund in?
- It is classified as Index Fund in AMFI's daily NAV file; a Index Fund scheme passively tracks a stated index. MFIC compares it with 271 Index Fund schemes (Direct plans).
- What returns has HDFC BSE 500 Index Fund delivered?
- Over one year the NAV changed by -9.5%. The 3-year CAGR is 8.4% (category median 9.0%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 11.9%, the lowest was 7.9%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in HDFC BSE 500 Index Fund's NAV?
- The largest peak-to-trough fall in its available history was 18.8%.
- How volatile is HDFC BSE 500 Index Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 15.6%, which is below the Index Fund category median of 17.4%.
- What would a monthly SIP in HDFC BSE 500 Index Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 3 years (36 instalments, ₹3,60,000 invested) would have been worth about ₹3,56,147 on 23 Oct 2026, an annualised return (XIRR) of -0.7%. This uses the Direct plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of HDFC BSE 500 Index Fund?
- The total expense ratio of the Direct plan is 0.35% a year, as disclosed to AMFI (median of Index Fund Direct plans: 0.47%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is HDFC BSE 500 Index Fund?
- Assets under management of the whole scheme were ₹311 crore on 22 Oct 2026, as published by AMFI.
- What is the riskometer level of HDFC BSE 500 Index Fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of HDFC BSE 500 Index Fund and how has it compared?
- Its official benchmark is the BSE 500 TRI. Over 3 years AMFI reports a return of 8.1% for this plan against 8.7% for the benchmark total return index. Past performance does not indicate future results.
- Who manages HDFC BSE 500 Index Fund?
- According to its Scheme Summary Document, HDFC BSE 500 Index Fund is managed by Nandita Menezes (since 29 Mar 2025), Arun Agarwal (since 21 Apr 2023).
- What is the minimum investment in HDFC BSE 500 Index Fund?
- The minimum application amount is Rs.100. SIP details: For SIP DSIP, WSIP, MSIP - Rs. 100; QSIP - Rs. 1500; HSIP - Rs. 2500; YSIP - Rs. 5000. For SWAP Fixed SWAP - Rs. 100; Variable SWAP - Rs. 300. For STP Fixed STP (FSTP) Daily FSTP - Rs. 500; Weekly FSTP - Rs. 500; Monthly FSTP - Rs. 1000; Quarterly FSTP -Rs. 3000. Capital Appreciation STP (CASTP) Monthly CASTP - Rs. 300; Quarterly CASTP - Rs 1000..
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by -9.5% and the Regular plan's by -9.9%. The Regular plan includes the services of a distributor.
Every Monday: this scheme's NAV, 1-month and 1-year return beside its category median, 3-year CAGR and how far it is below its peak. Add more schemes from their pages or from your MFIC watchlist. Free; unsubscribe from any email.