Canara HSBC Life Multicap Momentum Quality Index Fund

Equity Fund
High Risk
Last Updated: 27 Apr 2026
AUM: ₹59 Cr
Assets under management (AUM) is the total market value of the investments that a person or entity manages on behalf of clients. Assets under management definitions and formulas vary by company.
NAV: ₹10.91
0%
NAV, or Net Asset Value, is the value of an investment fund’s assets minus its liabilities. It is calculated by dividing the total value of the fund’s assets by the number of outstanding shares. It is used as an indicator of a fund’s performance and can be compared to its previous NAVs.
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  • Returns Since Inception
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  • 10 Y
  • RSI
4.8% Annual returns
Multicap Momentum Quality Index Fund
Performance Graph
As on 27 Apr 2026 
| Data Source - Value research
Fund Definition: Objective of this fund is to track NIFTY 500 Multicap Momentum Quality 50 index and generate returns similar/closer to NIFTY 500 Multicap Momentum Quality 50 index, subject to tracking error.

Returns (as on 27 Apr 2026)

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About Canara HSBC Life Multicap Momentum Quality Index Fund

Canara HSBC Life Multicap Momentum Quality Index Fund is a Equity Funds launched on 24-03-2025, designed to offer long-term capital growth by investing in a mix of high-quality assets. The fund currently manages an AUM of over ₹59 Cr, with a Net Asset Value (NAV) of ₹10.91 (as of 27 Apr 2026).

Over time, Canara HSBC Life Multicap Momentum Quality Index Fund has shown stable growth with 5.65% return in the last 1 year, For longer horizons, it has delivered Return Since Inception (RSI) of 8.31%, highlighting its consistent performance track record.

Highlights of Canara HSBC Life Multicap Momentum Quality Index Fund

  • It is benchmarked against the Nifty 500 Multicap Momentum Quality 50 Index, which delivered 0% in the same period.
  • Since its launch on 24-03-2025, Canara HSBC Life Multicap Momentum Quality Index Fund has achieved a Return Since Inception (RSI) of 8.31%.

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PNB MetLife Mid Cap Fund 2.34% 26.59% 23.8% Get Details
Tata AIA Life Multi Cap Fund 19.23% 21% 22% Get Details
Axis Max Life High Growth Fund 0.36% 26.31% 20.85% 18.72% Get Details
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Peer Comparison

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Fund name AUM sort icon 1Y sort icon
SBI Life Equity Fund ₹83,975 Cr - Get Details
ICICI Prudential Life Maximiser Fund V ₹50,571 Cr 3.55% Get Details
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SBI Life Bond Pension II ₹26,724 Cr 2.07% Get Details
SBI Life Balanced Fund ₹24,626 Cr 1.24% Get Details
SBI Life Midcap Fund ₹18,705 Cr 12.52% Get Details
ICICI Prudential Life Multi Cap Growth Fund ₹18,521 Cr 4.37% Get Details
SBI Life Bond Fund ₹17,457 Cr 2.49% Get Details
Kotak Mahindra Life Classic Opportunities Fund ₹13,553 Cr 6.35% Get Details
HDFC Life Discovery Fund ₹13,470 Cr 13.26% Get Details
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Fund name
Returns
YTD% 3Y 5Y 10Y
SBI Life Equity Fund 11.26% 10.54% 11.4% Get Details
ICICI Prudential Life Maximiser Fund V 12.44% 12.48% 11.05% Get Details
HDFC Life Opportunities Fund 19.22% 14.6% 14.2% Get Details
SBI Life Bond Pension II 0.36% 6.09% 5.17% 6.28% Get Details
SBI Life Balanced Fund 8.53% 8.04% 9.56% Get Details
SBI Life Midcap Fund 0.25% 23.23% 19.31% Get Details
ICICI Prudential Life Multi Cap Growth Fund 15.39% 12.57% 10.95% Get Details
SBI Life Bond Fund 0.24% 6.36% 5.4% 6.65% Get Details
Kotak Mahindra Life Classic Opportunities Fund 15.42% 13.09% 13.21% Get Details
HDFC Life Discovery Fund 1.16% 23.32% 18.1% Get Details
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Frequently Asked Questions
Canara HSBC Life Multicap Momentum Quality Index Fund
Canara HSBC Life Multicap Momentum Quality Index Fund is a Equity Funds launched on 24-03-2025. It aims to provide long-term capital growth by investing in a diversified portfolio.
As of 27 Apr 2026, the Net Asset Value (NAV) of Canara HSBC Life Multicap Momentum Quality Index Fund is ₹10.91.
Canara HSBC Life Multicap Momentum Quality Index Fund is suitable for investors looking for moderate risk and stable long-term returns without full exposure to equity market volatility.
Multicap Momentum Quality Index Fund is not Shariah-compliant.
Canara HSBC Life Multicap Momentum Quality Index Fund has been in the market since 24-03-2025, providing a long and reliable performance history.

Objective of this fund is to track NIFTY 500 Multicap Momentum Quality 50 index and generate returns similar/closer to NIFTY 500 Multicap Momentum Quality 50 index, subject to tracking error.
Over the past year, Canara HSBC Life Multicap Momentum Quality Index Fund has delivered a return of approximately 5.65% CAGR, making it a competitive performer.
Canara HSBC Life Multicap Momentum Quality Index Fund is benchmarked against the Nifty 500 Multicap Momentum Quality 50 Index, which delivered about 17.92% return in the same period. The fund has underperformed its benchmark in recent years.

View more FAQ's

*The Returns in ULIP plans are subject to market risk and are not guaranteed. The investment risk in the policy is borne by the policyholder. The actual returns can vary depending on the performance of the chosen fund, charges towards mortality, allocation, policy admin, cost of riders, etc. The 4% and 8% illustration is neither the minimum or maximum limit that you may get as a policyholder.

*The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale.

*The maturity amount of Rs 50 Lakhs. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 4% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product.

˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in

^Returns as on 10th Jan'25. 18% returns for Tata AIA Life Top 200 for the last 10 years.The past performance is not necessarily indicative of future performance. Source: Morningstar

++Source -: Google Review Rating available on: http://bit.ly/3J20bXZ

All Data Source: Value Research

TERMS AND CONDITIONS APPLY.For more details on risk factors, terms, and conditions, please read the sales brochure and benefit illustration carefully before concluding a sale.

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