HDFC Developed World Indexes Fund of Funds Direct Growth
Equity
Direct
Global - Other
NAV: ₹ 11.4 as on 04-12-2023
Fund Performance
2227 people have invested ₹ 45.1L in HDFC Developed World Indexes Fund of Funds Direct Growth in the last three months
About the 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
- HDFC Developed World Indexes Fund of Funds Direct Growth has ₹1034 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.2.
HDFC Developed World Indexes Fund of Funds Direct Growth Overview
 | 0.21% |
 Benchmark | MSCI World NR LCL |
 | ₹1034 Cr |
 | 6 October, 2021 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 6.51% |
HDFC Developed World Indexes Fund of Funds Direct Growth Distribution as on (31-Dec-69)
Size breakup
Large cap
82.1%
Mid cap
17.2%
Small cap
0.2%
Sector Allocation
Tech
23.2%
Financial Services
14.4%
Health
12.7%
Consumer Cyclical
10.6%
Industrial
10.3%
Communication
7.3%
Consumer Defensive
7.3%
Energy
5.2%
Basic Materials
3.9%
Utilities
2.7%
Real Estate
2.4%
Top Holdings of HDFC Developed World Indexes Fund of Funds Direct Growth as on (30-Nov-23)
Equity Holdings1
Debt Holdings4
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 CSIF (IE) MSCI USA Blue ETF B USD | 70.53% | 12.3% |
Peer Analysis
HDFC Developed World Indexes Fund of Funds Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 6.42% since inception which is more than its category average return of 5.23%
Fund Allocations
This fund has an allocation of 99.71% in Equity, 0.06% in Debt and 0.17% in Cash related instruments
AUM size ₹1034 Cr
This fund has AUM of ₹1034 Cr which is more than its category average of ₹ 424 Cr
Expense Ratio 0.21%
This fund has an expense ratio of 0.21% which is less than its category average expense ratio of 1.43%
Frequently Asked Questions
The current NAV of HDFC Developed World Indexes Fund of Funds Direct Growth is ₹11.45 as on 04-Dec-2023.
Existing (Absolute + CAGR) as on 04-Dec-2023.
HDFC Developed World Indexes Fund of Funds Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.04% | 5.04% |
6 Month Returns | 9.12% | 9.12% |
1 Year Returns | 15.07% | 15.07% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
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.
0.21% as on November 2023
₹1034 Cr as on November 2023
Tech(23.16%), Financial Services(14.36%), Health(12.7%) as on November 2023
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 November 2023
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 November 2023
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 | 0.73 | - | - |
As on November 2023
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 | 13.44 | - | - |
As on November 2023
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.
The Exit load of HDFC Developed World Indexes Fund of Funds Direct Growth is 1%