HDFC Developed World Equity Passive FoF Fund Direct Growth

HDFC Developed World Equity Passive FoF Fund 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.

1. HDFC Developed World Equity Passive FoF Fund Direct Growth has ₹1278 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
2. The fund has an expense ratio 0.2.
   

HDFC Developed World Equity Passive FoF Fund Direct Growth has given a CAGR return of 13.42% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 17.14% and 20.55% respectively.

HDFC Developed World Equity Passive FoF Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Financial Services, Derivatives, Industrial, Consumer Cyclical, Health, Communication, Consumer Defensive, Energy, Basic Materials, Utilities, Real Estate, Corporate. Its top holdings are UBS MSCI USA NSL ETF USD acc, UBS MSCI Europe IndexF USD I-W-SSP acc, UBS MSCI Japan Index Fund USD I-W-SSPacc, UBS MSCI Canada IndexF USD I-W-SSP acc, UBS MSCI Pacific ex Jpn IFUSD I-W-SSPacc

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.

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 for lump sum payment is INR 100.00 and for SIP is INR 100.00. HDFC Developed World Equity Passive FoF Fund Direct Growth has no lock in period.