COMPARE
HSBC NIFTY NEXT 50 INDEX FUND - Direct Growth vs Motilal Oswal BSE Enhanced Value Index Fund-Direct plan
HSBC NIFTY NEXT 50 INDEX FUND and Motilal Oswal BSE Enhanced Value Index Fund- are both in the Index Funds category, from HSBC Asset Management (India) Private Ltd. and Motilal Oswal Asset Management Company Limited respectively. Motilal Oswal BSE Enhanced Value Index Fund- has posted a higher 3-year rolling CAGR. HSBC NIFTY NEXT 50 INDEX FUND has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
HSBC NIFTY NEXT 50 INDEX FUND has the lower direct-plan expense ratio, by 0.11 percentage points.
| HSBC NIFTY NEXT 50 INDEX FUND - Direct Growth | Motilal Oswal BSE Enhanced Value Index Fund-Direct plan | |
|---|---|---|
| Category | Index Funds | Index Funds |
| AMC | HSBC Asset Management (India) Private Ltd. | Motilal Oswal Asset Management Company Limited |
| Benchmark | Nifty Next 50 TRI | BSE Enhanced Value Index TRI |
| NAV | ₹29.57 (2026-10-28) | ₹25.3562 (2026-10-28) |
| AUM | ₹181.875 Cr | ₹2,120.84 Cr |
| Expense Ratio (Direct) | 0.41% | 0.52% |
| Inception | 2020-03-24 | 2022-07-29 |
Returns
Motilal Oswal BSE Enhanced Value Index Fund- leads on 3-year rolling CAGR (32.0% vs HSBC NIFTY NEXT 50 INDEX FUND's 18.6%) - 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
HSBC NIFTY NEXT 50 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 NEXT 50 INDEX FUND - Direct Growth | Motilal Oswal BSE Enhanced Value Index Fund-Direct plan | |
|---|---|---|
| P/E Ratio | 19.0736 | 8.1074 |
| P/B Ratio | 8.4615 | - |
| Dividend Yield | 1.3347% | 3.4266% |
| Active Share | 0.1% | 0.55% |
| Portfolio Turnover | 27% | 34% |
| YTM | - | - |
| Duration (Macaulay) | - | - |
Punji Fund Health Score
HSBC NIFTY NEXT 50 INDEX FUND and Motilal Oswal BSE Enhanced Value Index Fund- carry the same Punji Quality grade.
Frequently asked questions
Which has a higher 3-year return, HSBC NIFTY NEXT 50 INDEX FUND or Motilal Oswal BSE Enhanced Value Index Fund-?
Motilal Oswal BSE Enhanced Value Index Fund-'s 3-year rolling CAGR of 32.0% is higher than HSBC NIFTY NEXT 50 INDEX FUND's 18.6%. Motilal Oswal BSE Enhanced Value Index Fund- sits in the 100th percentile of its category on this metric, versus the 83rd percentile for HSBC NIFTY NEXT 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 NEXT 50 INDEX FUND or Motilal Oswal BSE Enhanced Value Index Fund-?
HSBC NIFTY NEXT 50 INDEX FUND's direct-plan expense ratio is 0.11 percentage points lower than Motilal Oswal BSE Enhanced Value 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 NEXT 50 INDEX FUND and Motilal Oswal BSE Enhanced Value 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 NEXT 50 INDEX FUND or Motilal Oswal BSE Enhanced Value Index Fund-?
Motilal Oswal BSE Enhanced Value Index Fund- has ₹2,121 Cr in assets under management, versus ₹182 Cr for HSBC NIFTY NEXT 50 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 NEXT 50 INDEX FUND or Motilal Oswal BSE Enhanced Value Index Fund-?
HSBC NIFTY NEXT 50 INDEX FUND launched on 2020-03-24, making it older than Motilal Oswal BSE Enhanced Value Index Fund- (launched 2022-07-29). 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.