HDFC MNC Fund Direct Growth

Equity
Direct
Equity - Other
HDFC MNC Fund Direct Growth

About the Fund

HDFC MNC Fund Direct Growth is an equity fund. This fund was started on 9 March, 2023. The fund is managed by Rahul Baijal. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. HDFC MNC Fund Direct Growth has ₹637 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. The fund has an expense ratio 1.2.

Returns

HDFC MNC Fund Direct Growth has given a CAGR return of 33.50% since inception. Over the last 1 year the fund has given a CAGR return of 32.31%.

Holdings

HDFC MNC Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Consumer Defensive, Consumer Cyclical, Health, Basic Materials, Tech, Financial Services. Its top holdings are Siemens Ltd, Cummins India Ltd, Hindustan Unilever Ltd, United Spirits Ltd, Ambuja Cements Ltd

Taxation

As it is a equity - 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 benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of HDFC MNC Fund Direct Growth

To provide long-term capital appreciation by investing predominantly in equity and equity related instruments of multinational companies (MNCs).

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. HDFC MNC Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
378 people have invested ₹ 6.1L in HDFC MNC Fund Direct Growth in the last three months

Fund Overview

Expense ratio1.21%
Benchmark
NIFTY MNC TR INR
AUM₹637 Cr
Inception Date9 March, 2023
Min Lumpsum/SIP₹100/₹100
Exit Load
1%
Lock InNo Lock-in
TurnOver
32.52%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 98.1%

  • Debt & Cash 1.9%

Large cap
40.2%
Mid cap
34.2%
Small cap
22.2%
Sector Allocation

Jun'24

May'24

Apr'24

Industrial
35.3%
Consumer Defensive
25.6%
Consumer Cyclical
18.3%
Health
10.1%
Basic Materials
6.3%
Tech
2.9%
Financial Services
1.5%
All changes are between Apr'24 and Jun'24

as on (30-Jun-24)

  • Equity

Holdings
Weight%
1M Change
Siemens Ltd
Siemens Ltd
7.78%
0%
Cummins India Ltd
Cummins India Ltd
6.9%
0%
Hindustan Unilever Ltd
Hindustan Unilever Ltd
6.87%
0%
United Spirits Ltd
United Spirits Ltd
6.53%
0%
Ambuja Cements Ltd
Ambuja Cements Ltd
6.18%
0%
See all

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
HDFC MNC Fund Direct Growth
HDFC MNC Fund Direct Growth
32.3%
-
-
33.5%
Aditya Birla Sun Life PSU Equity Fund Direct Growth
Aditya Birla Sun Life PSU Equity Fund Direct Growth
87.1%
43%
-
34.6%
Invesco India PSU Equity Fund Direct Plan Growth
Invesco India PSU Equity Fund Direct Plan Growth
86.8%
41.2%
33.3%
19.3%
Nippon India Power & Infra Fund - Direct Plan - Growth
Nippon India Power & Infra Fund - Direct Plan - Growth
73%
38.7%
31.8%
17.8%
See all

Returns for the month of Jun

  • Gainers

  • Losers

Top Growth Drivers
1M Return
Whirlpool of India Ltd
Whirlpool of India Ltd
11.9%
United Spirits Ltd
United Spirits Ltd
2.6%

Rahul Baijal
Rahul Baijal
Fund Manager of HDFC MNC Fund Direct Growth, since 9 March 2023
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
HDFC Top 100 Fund -Direct Plan - Growth Option
22.18%
17.88%

HDFC MNC Fund 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 33.5% since inception which is more than its category average return of 24.94%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.11% in Equity, 0% in Debt and 1.89% in Cash related instruments
AUM size ₹637 Cr

AUM size ₹637 Cr

This fund has AUM of ₹637 Cr which is less than its category average of ₹ 2178 Cr
Expense Ratio 1.21%

Expense Ratio 1.21%

This fund has an expense ratio of 1.21% which is less than its category average expense ratio of 1.21%

Frequently Asked Questions

The current NAV of HDFC MNC Fund Direct Growth is ₹14.98 as on 25-Jul-2024.
Existing (Absolute + CAGR) as on 25-Jul-2024.
HDFC MNC Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.16%
1.16%
6 Month Returns
19.73%
19.73%
1 Year Returns
32.31%
32.31%
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.
1.21% as on June 2024
₹637 Cr as on June 2024
Siemens Ltd(7.78%), Cummins India Ltd(6.9%), Hindustan Unilever Ltd(6.87%), United Spirits Ltd(6.53%), Ambuja Cements Ltd(6.18%) as on June 2024
Industrial(34.62%), Consumer Defensive(25.11%), Consumer Cyclical(17.99%) as on June 2024
The alpha ratio for the HDFC MNC Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
HDFC MNC Fund Direct Growth
-
-
-
As on June 2024
The alpha for HDFC MNC Fund Direct Growth is calculated against NIFTY MNC TR INR. 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 MNC Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
HDFC MNC Fund Direct Growth
-
-
-
As on June 2024
The Beta for HDFC MNC Fund Direct Growth is calculated with NIFTY MNC TR INR. 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 MNC Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
HDFC MNC Fund Direct Growth
2.13
-
-
As on June 2024
The sharpe ratio for HDFC MNC Fund Direct Growth is calculated with NIFTY MNC TR INR. 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 MNC Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
HDFC MNC Fund Direct Growth
10.4
-
-
As on June 2024
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.
Rahul Baijal is the fund manager of HDFC MNC Fund Direct Growth
The Exit load of HDFC MNC Fund Direct Growth is 1%