HDFC MNC Fund Direct Growth
Equity
Direct
Equity - Other
NAV: ₹ 12.89 as on 18-04-2024
Fund Performance
374 people have invested ₹ 6.9L in HDFC MNC Fund Direct Growth in the last three months
About the HDFC MNC Fund Direct Growth
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
- HDFC MNC Fund Direct Growth has ₹556 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 1.3.
HDFC MNC Fund Direct Growth Overview
 | 1.28% |
 Benchmark | NIFTY MNC TR INR |
 | ₹556 Cr |
 | 9 March, 2023 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 32.52% |
HDFC MNC Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
49.6%
Mid cap
31%
Small cap
10.8%
Sector Allocation
Consumer Defensive
30.9%
Consumer Cyclical
22.6%
Industrial
19.9%
Health
11.6%
Basic Materials
7.1%
Tech
7%
Financial Services
0.8%
Top Holdings of HDFC MNC Fund Direct Growth as on (31-Mar-24)
Equity Holdings28
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 United Spirits Ltd | 8.22% | 0% | |
 Nestle India Ltd | 8.06% | 0% | |
 Maruti Suzuki India Ltd | 7.36% | 0% | |
 Ambuja Cements Ltd | 6.47% | 0% | |
 Mphasis Ltd | 6.42% | 0% |
See all
HDFC MNC Fund Direct Growth: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 0.00% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 0.47% in Mar'24
AUM Change
- AUM of the fund stands at 554.7 Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in HDFC MNC Fund Direct Growth portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Siemens Ltd | 19.9% |
 Fortis Healthcare Ltd | 11.9% |
 Maruti Suzuki India Ltd | 7.7% |
Top Losers | 1M Return |
|---|---|
 Hindustan Unilever Ltd | -3.5% |
 Mphasis Ltd | 3% |
 United Spirits Ltd | 6.6% |
Peer Analysis
HDFC MNC Fund Direct Growth Fund Manager
Rahul Baijal
Fund Manager of HDFC MNC Fund Direct Growth, since 9 March 2023
Top funds managed
HDFC MNC Fund 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 25.74% since inception which is more than its category average return of 22.12%
Fund Allocations
This fund has an allocation of 91.33% in Equity, 0% in Debt and 8.67% in Cash related instruments
AUM size ₹556 Cr
This fund has AUM of ₹556 Cr which is less than its category average of ₹ 1777 Cr
Expense Ratio 1.28%
This fund has an expense ratio of 1.28% which is less than its category average expense ratio of 1.32%
Frequently Asked Questions
The current NAV of HDFC MNC Fund Direct Growth is ₹12.89 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
HDFC MNC Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.88% | 3.88% |
6 Month Returns | 10.42% | 10.42% |
1 Year Returns | 27.71% | 27.71% |
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.
1.28% as on March 2024
₹556 Cr as on March 2024
United Spirits Ltd(8.22%), Nestle India Ltd(8.06%), Maruti Suzuki India Ltd(7.36%), Ambuja Cements Ltd(6.47%), Mphasis Ltd(6.42%) as on March 2024
Consumer Defensive(28.26%), Consumer Cyclical(20.66%), Industrial(18.17%) as on March 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 March 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 March 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 | 1.98 | - | - |
As on March 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 | 8.88 | - | - |
As on March 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%