HDFC Developed World Indexes Fund of Funds Direct Growth

HDFC Developed World Indexes Fund of Funds Direct Growth

Equity

Global - Other

NAV as on 23-04-2025

₹ 14.01

▲2.5%

1D

Inception Returns

10%

/yr

Historical NAV & Returns

Absolute
▲
▼

About HDFC Developed World Indexes Fund of Funds Direct Growth

HDFC Developed World Indexes Fund of Funds Direct Growth is an equity fund. This fund was started on 6 October, 2021. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. HDFC Developed World Indexes Fund of Funds Direct Growth has ₹1229 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.2.

Returns

HDFC Developed World Indexes Fund of Funds Direct Growth has given a CAGR return of 9.95% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 11.16% and 11.62% respectively.

Holdings

HDFC Developed World Indexes Fund of Funds Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Derivatives, Financial Services, Health, Industrial, Consumer Cyclical, Communication, Consumer Defensive, Energy, Basic Materials, Utilities, Real Estate, Corporate. Its top holdings are UBS ETF MSCI USA NSL USD A-acc, CSIF (Lux) Equity Europe CB USD, CSIF (Lux) Equity Japan CB USD, CSIF (Lux) Equity Canada CB USD, CSIF (Lux) Equity Pacific ex Jpn CB USD

Taxation

As it is a global - other mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of HDFC Developed World Indexes Fund of Funds Direct Growth

The investment objective of the Scheme is to provide long term capital appreciation by passively investing in units/ shares of overseas Index Funds and/or ETFs which will in aggregate closely correspond to the MSCI World Index, subject to tracking errors. There is no assurance that the investment objective of the Scheme will be realized.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. HDFC Developed World Indexes Fund of Funds Direct Growth has no lock in period.

HDFC Developed World Indexes Fund of Funds Direct Growth Overview

Expense ratio0.17%
Benchmark
MSCI World NR LCL
AUM₹1229 Cr
Inception Date6 October, 2021
Min Lumpsum/SIP--/--
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
18.59%
STCGIf held for less than 24 months - slab rates.
LTCGIf held for more than 24 months - 12.5% without indexation.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (23-Apr-25)

Period
HDFC Developed World Indexes Fund of Funds Direct Growth
Global - Other Index
1M
-4.2%
-
3M
-7.7%
-
6M
-2.2%
-
1Y
11.2%
-
3Y
11.6%
-

Fund Distribution

as on (31-Dec-69)

  • Equity 99.4%

  • Debt & Cash 0.5%

Sector Allocation

Mar'25

Feb'25

Jan'25

Dec'24

Nov'24

Oct'24

Tech
24.9%
Financial Services
16.8%
Health
11.2%
Industrial
10.2%
Consumer Cyclical
10%
Communication
8.1%
Consumer Defensive
6.5%
Energy
4.2%
Basic Materials
3.2%
Utilities
2.8%
Real Estate
2.2%

  • Equity

  • Debt & Cash

Holdings
Weight%
1M Change
UBS ETF MSCI USA NSL USD A-acc
UBS ETF MSCI USA NSL USD A-acc
71.37%
-0.4%

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
HDFC Developed World Indexes Fund of Funds Direct Growth
HDFC Developed World Indexes Fund of Funds Direct Growth
11.16%
11.62%
-
9.95%
DSP World Gold Fund of Fund Direct Plan Growth
DSP World Gold Fund of Fund Direct Plan Growth
62.92%
17.07%
12.59%
4.77%
Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth
Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth
19.45%
19.12%
20.77%
22.16%
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth
18.29%
36.16%
-
23.75%
See all
Loading...
We are taking more time than usual
Fund House
HDFC Asset Management Co Ltd
Total Schemes
78
See all HDFC schemes
Total AUM
₹7.63L Cr
as on 31-Mar-2025
Address
HDFC Asset Management Company Limited,“HUL House”, 2nd Floor,,H.T. Parekh Marg,165-166, Backbay Reclamation,,Churchgate,
Phone
+912266316333
Website
cliser@hdfcfund.com

HDFC Developed World Indexes Fund of Funds Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 9.95% since inception which is more than its category average return of 7.05%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.42% in Equity, 0% in Debt and 0.5% in Cash related instruments
AUM size ₹1229 Cr

AUM size ₹1229 Cr

This fund has AUM of ₹1229 Cr which is more than its category average of ₹ 579 Cr
Expense Ratio 0.17%

Expense Ratio 0.17%

This fund has an expense ratio of 0.17% which is less than its category average expense ratio of 1.41%
Most Popular Comparisons
    • HDFC Developed World Indexes Fund of Funds
      HDFC Developed World Indexes Fund of Funds
      Vs
    • Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth
      Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth
    Compare
    • HDFC Developed World Indexes Fund of Funds
      HDFC Developed World Indexes Fund of Funds
      Vs
    • Motilal Oswal S&P 500 Index Fund Direct Growth
      Motilal Oswal S&P 500 Index Fund Direct Growth
    Compare
    • HDFC Developed World Indexes Fund of Funds
      HDFC Developed World Indexes Fund of Funds
      Vs
    • Franklin India Feeder Franklin U.S. Opportunities Fund Direct Growth
      Franklin India Feeder Franklin U.S. Opportunities Fund Direct Growth
    Compare
    • HDFC Developed World Indexes Fund of Funds
      HDFC Developed World Indexes Fund of Funds
      Vs
    • ICICI Prudential US Bluechip Equity Fund Direct Growth
      ICICI Prudential US Bluechip Equity Fund Direct Growth
    Compare
    • HDFC Developed World Indexes Fund of Funds
      HDFC Developed World Indexes Fund of Funds
      Vs
    • Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth
      Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth
    Compare

More funds from HDFC

Frequently Asked Questions for HDFC Developed World Indexes Fund of Funds Direct Growth

The current NAV of HDFC Developed World Indexes Fund of Funds Direct Growth is ₹14.01 as on 23-Apr-2025.
Existing (Absolute + CAGR) as on 23-Apr-2025.
HDFC Developed World Indexes Fund of Funds Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-4.15%
-4.15%
6 Month Returns
-2.17%
-2.17%
1 Year Returns
11.16%
11.16%
3 Years Returns
39.05%
11.62%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.17% as on March 2025
₹1229 Cr as on March 2025
Tech(24.73%), Financial Services(16.75%), Health(11.11%) as on March 2025
The alpha ratio for the HDFC Developed World Indexes Fund of Funds Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
HDFC Developed World Indexes Fund of Funds Direct Growth
-
-
-
As on March 2025
The alpha for HDFC Developed World Indexes Fund of Funds Direct Growth is calculated against MSCI World NR LCL. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the HDFC Developed World Indexes Fund of Funds Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
HDFC Developed World Indexes Fund of Funds Direct Growth
-
-
-
As on March 2025
The Beta for HDFC Developed World Indexes Fund of Funds Direct Growth is calculated with MSCI World NR LCL. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the HDFC Developed World Indexes Fund of Funds Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
HDFC Developed World Indexes Fund of Funds Direct Growth
0.36
0.38
-
As on March 2025
The sharpe ratio for HDFC Developed World Indexes Fund of Funds Direct Growth is calculated with MSCI World NR LCL. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the HDFC Developed World Indexes Fund of Funds Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
HDFC Developed World Indexes Fund of Funds Direct Growth
10.16
13.87
-
As on March 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 0.53 as on March 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
The Exit load of HDFC Developed World Indexes Fund of Funds Direct Growth is 1%