Equity
Direct
Global - Other
NAV as on 06-12-2024
₹ 14.92
▲0.2%
1D
Inception Returns
13.4%
/yr
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.
HDFC Developed World Indexes Fund of Funds Direct Growth has given a CAGR return of 13.45% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 29.97% and 13.17% respectively.
HDFC Developed World Indexes Fund of Funds Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Derivatives, Financial Services, Health, Consumer Cyclical, Industrial, 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
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 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
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 Indexes Fund of Funds Direct Growth has no lock in period.
Expense ratio | 0.23% |
Benchmark | MSCI World NR LCL |
AUM | ₹1249 Cr |
Inception Date | 6 October, 2021 |
Min Lumpsum/SIP | --/-- |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 18.59% |
STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Very High Risk |
as on (06-Dec-24)
as on (31-Dec-69)
HDFC Developed World Indexes Fund of Funds Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.15% | 4.15% |
6 Month Returns | 12.2% | 12.2% |
1 Year Returns | 29.97% | 29.97% |
3 Years Returns | 44.95% | 13.17% |
5 Years Returns | 0% | 0% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
HDFC Developed World Indexes Fund of Funds Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
HDFC Developed World Indexes Fund of Funds Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
HDFC Developed World Indexes Fund of Funds Direct Growth | 2.72 | 0.45 | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
HDFC Developed World Indexes Fund of Funds Direct Growth | 6.91 | 13.98 | - |