NGC 2516 is a large open cluster in Carina that is visible with the naked eye. It is located on the edge of the Milky Way and contains about 100 stars. NGC 2516 was discovered by Lacaille in 1752.
Because of its similarity to M 44 (the Beehive Cluster), NGC 2516 is known as the Southern Beehive Cluster. It contains about 100 stars, the brightest of which is a fifth magnitude red giant near the cluster's center.
The distance of NGC 2516 is approximately 400 light years. The cluster is thought to have an age of about 70 million years.