The fund house's own page for this scheme. NAV, expense ratio, exit load and the scheme documents are all published here.
How it works
HDFC Nifty 50 Index Fund — Direct Plan is a mutual funds product from HDFC Mutual Fund,
in the market-linked category: no promised return.
A passive fund that buys the fifty largest listed companies in index proportion, with no manager picking stocks.
Because the return type is market-linked, the questions that matter most are:
What exactly does this hold, and what would make it fall? Can I leave this money invested if it drops 30%?
₹500 typical SIP minimum; confirm the scheme's current minimum
Tenure
No lock-in
Payout
Growth — no payout
Eligibility
Resident individuals and permitted non-resident categories, subject to KYC.
Getting your money back
Redeemable on any business day. Exit load may apply within the first year.
Protection
No capital protection. The NAV moves with the index.
Tax
Equity capital gains are taxed by holding period, with a separate rate for long-term gains above the notified limit.
What can go wrong
Falls with the market, and can stay down for years.
The index can be concentrated in a few sectors at any time.
Tracking difference means returns drift from the index.
Before you decide anything
The expense ratio and exit load on the scheme page
The tracking difference against the Nifty 50
These are questions to take to the provider, not a checklist that makes a product suitable.
Whether something fits your situation is a decision only you — or an adviser you choose — can make.
These link to the regulator or provider where the rules for this type of product are set out.
They are the pages worth checking before you act, because they are the ones that get updated.
Other products in this category
The same rules and the same kind of trade-offs, described the same way.