COMPARE
HSBC NIFTY 50 INDEX FUND - Direct Growth vs ICICI Prudential Nifty Auto Index Fund - Direct Plan - Growth
HSBC NIFTY 50 INDEX FUND and ICICI Prudential Nifty Auto Index Fund are both in the Index Funds category, from HSBC Asset Management (India) Private Ltd. and ICICI Prudential Asset Management Company Limited respectively. ICICI Prudential Nifty Auto Index Fund has posted a higher 3-year rolling CAGR. HSBC NIFTY 50 INDEX FUND has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
HSBC NIFTY 50 INDEX FUND has the lower direct-plan expense ratio, by 0.13 percentage points.
| HSBC NIFTY 50 INDEX FUND - Direct Growth | ICICI Prudential Nifty Auto Index Fund - Direct Plan - Growth | |
|---|---|---|
| Category | Index Funds | Index Funds |
| AMC | HSBC Asset Management (India) Private Ltd. | ICICI Prudential Asset Management Company Limited |
| Benchmark | Nifty 50 TRI | Nifty Auto TRI |
| NAV | ₹26.9012 (2026-10-28) | ₹20.7892 (2026-10-28) |
| AUM | ₹375.734 Cr | ₹226.288 Cr |
| Expense Ratio (Direct) | 0.22% | 0.35% |
| Inception | 2020-03-24 | 2022-09-22 |
Returns
ICICI Prudential Nifty Auto Index Fund leads on 3-year rolling CAGR (26.8% vs HSBC NIFTY 50 INDEX FUND's 11.2%) - see the FAQ below for percentile context within each fund's own category.
Risk Metrics
This fund tracks an index, so measuring alpha against that same index would only report its tracking error.
Portfolio Analytics
ICICI Prudential Nifty Auto Index Fund carries the higher portfolio P/E ratio (a rougher proxy for how richly the underlying holdings are valued) - see the table below for the full comparison.
| HSBC NIFTY 50 INDEX FUND - Direct Growth | ICICI Prudential Nifty Auto Index Fund - Direct Plan - Growth | |
|---|---|---|
| P/E Ratio | 21.5133 | 30.0233 |
| P/B Ratio | - | - |
| Dividend Yield | 1.4259% | 1.1347% |
| Active Share | 0.19% | 0.04% |
| Portfolio Turnover | 9% | - |
| YTM | - | - |
| Duration (Macaulay) | - | - |
Punji Fund Health Score
ICICI Prudential Nifty Auto Index Fund has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a higher 3-year return, HSBC NIFTY 50 INDEX FUND or ICICI Prudential Nifty Auto Index Fund?
ICICI Prudential Nifty Auto Index Fund's 3-year rolling CAGR of 26.8% is higher than HSBC NIFTY 50 INDEX FUND's 11.2%. ICICI Prudential Nifty Auto Index Fund sits in the 99th percentile of its category on this metric, versus the 45th percentile for HSBC NIFTY 50 INDEX FUND - though note both funds may belong to different categories with different medians, so a raw CAGR comparison doesn't account for how each fund performed relative to its own peers. A higher historical return also doesn't necessarily mean lower risk; check the risk metrics below before concluding either fund is the "better" choice.
Which has a lower expense ratio, HSBC NIFTY 50 INDEX FUND or ICICI Prudential Nifty Auto Index Fund?
HSBC NIFTY 50 INDEX FUND's direct-plan expense ratio is 0.13 percentage points lower than ICICI Prudential Nifty Auto Index Fund's. Over long holding periods, a persistent expense-ratio gap compounds into a materially different final corpus even if the two funds' gross returns are similar - it's one of the few fund attributes you can compare with total certainty upfront, unlike future returns, since the fee is contractually fixed rather than a historical estimate.
Why don't HSBC NIFTY 50 INDEX FUND and ICICI Prudential Nifty Auto Index Fund show risk metrics like Sharpe ratio or alpha?
This fund tracks an index, so measuring alpha against that same index would only report its tracking error. This is a deliberate methodology choice, not missing data - risk metrics like alpha and Sharpe ratio are most meaningful for actively-managed funds where a manager makes decisions that can add or subtract value versus a benchmark. For a fund that mechanically tracks an index, the equivalent useful metric is tracking error (how closely it follows its index), not alpha.
Which has higher AUM, HSBC NIFTY 50 INDEX FUND or ICICI Prudential Nifty Auto Index Fund?
HSBC NIFTY 50 INDEX FUND has ₹376 Cr in assets under management, versus ₹226 Cr for ICICI Prudential Nifty Auto Index Fund. A larger AUM generally means deeper liquidity and lower per-unit fixed costs for the AMC to spread across investors, but an AUM that's very large relative to a fund's category and strategy (especially in small/mid cap categories, where the investable universe is smaller) can also make it harder for a manager to enter and exit positions without moving the price - bigger isn't automatically better, especially for less liquid categories.
Which fund has a longer track record, HSBC NIFTY 50 INDEX FUND or ICICI Prudential Nifty Auto Index Fund?
HSBC NIFTY 50 INDEX FUND launched on 2020-03-24, making it older than ICICI Prudential Nifty Auto Index Fund (launched 2022-09-22). A longer track record means more real market cycles (bull runs, corrections, rate cycles) the fund has actually navigated, which is useful context for judging consistency - but it isn't a guarantee of future performance, and a newer fund isn't automatically worse, especially if it's run by an experienced manager or team with a track record at a prior fund.
Data as of 2026-10-29. Source: AMFI disclosures via Punji. Not investment advice.