HDFC Nifty 100 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV: ₹ 11.5 as on 26-09-2023
Fund Performance
1077 people have invested ₹ 20.4L in HDFC Nifty 100 Index Fund Direct Growth in the last three months
Fund Insights
This fund has one of the lowest expense ratio in the category (index funds). Its expense ratio is 0.3% which is lower than the category average expense ratio of 0.56%.
Over the last 1 month, this fund has experienced a 2.5% drop in AUM moving from 111.16 Cr to 108.35 Cr.
In the last 1 year, Bandhan Nifty 100 Index Fund Direct Growth has given 11.55% return, outperforming this fund by 0.26%.
About the Fund
HDFC Nifty 100 Index Fund Direct Growth is an equity fund. This fund was started on 23 February, 2022. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- HDFC Nifty 100 Index Fund Direct Growth has ₹108 Cr worth of assets under management (AUM) as on Aug 2023 and is less than category average.
- The fund has an expense ratio 0.3.
HDFC Nifty 100 Index Fund Direct Growth Overview
 | 0.3% |
 Benchmark | IISL Nifty 100 TR INR |
 | ₹108 Cr |
 | 23 February, 2022 |
 | ₹100/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 35.92% |
Fund Distribution as on (31-Aug-23)
Size breakup
Large cap
97.9%
Mid cap
1.8%
Sector Allocation
Financial Services
34.4%
Tech
11.7%
Energy
10.8%
Consumer Defensive
10.7%
Basic Materials
8.4%
Consumer Cyclical
7.7%
Industrial
6.3%
Health
3.7%
Utilities
3.3%
Communication
2.6%
Real Estate
0.3%
Top Holdings of HDFC Nifty 100 Index Fund Direct Growth as on (31-Aug-23)
Equity Holdings101
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 11.79% | 70% | |
 Reliance Industries Ltd | 8.19% | 0.7% | |
 ICICI Bank Ltd | 6.75% | 0.7% | |
 Infosys Ltd | 5.15% | 0.7% | |
 ITC Ltd | 3.9% | 0.7% |
See all
HDFC Nifty 100 Index Fund Direct Growth: Monthly Changes Updates
All changes are between Jun'23 and Aug'23
Fund Performance
- This fund’s returns stands at -2.22% whereas the fund’s underlying benchmark Nifty 100 returns stands at -2.43% as on Aug'23
- This fund outperformed Nifty 100 by 0.21% in Aug'23
AUM Change
- AUM of the fund stands at 108.3 Cr as of Aug'23
- AUM decreased by 2.8 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Gainers & Losers in HDFC Nifty 100 Index Fund Direct Growth portfolio Returns for the month of Aug
Top Growth Drivers | 1M Return |
|---|---|
 Zomato Ltd | 15.2% |
 Mahindra & Mahindra Ltd | 5.5% |
 Infosys Ltd | 5.1% |
Top Losers | 1M Return |
|---|---|
 HDFC Bank Ltd | -5.5% |
 Reliance Industries Ltd | -4.2% |
 ICICI Bank Ltd | -3.6% |
Peer Analysis
Fund 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 9.1% since inception which is less than its category average return of 14.17%
Fund Allocations
This fund has an allocation of 99.71% in Equity, 0% in Debt and 0.29% in Cash related instruments
AUM size ₹108 Cr
This fund has AUM of ₹108 Cr which is less than its category average of ₹ 560 Cr
Expense Ratio 0.3%
This fund has an expense ratio of 0.3% which is less than its category average expense ratio of 0.54%
Frequently Asked Questions
The current NAV of HDFC Nifty 100 Index Fund Direct Growth is ₹11.47 as on 26-Sep-2023.
Existing (Absolute + CAGR) as on 26-Sep-2023.
HDFC Nifty 100 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.11% | 2.11% |
6 Month Returns | 17.11% | 17.11% |
1 Year Returns | 11.29% | 11.29% |
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.
0.3% as on August 2023
₹108 Cr as on August 2023
HDFC Bank Ltd(11.79%), Reliance Industries Ltd(8.19%), ICICI Bank Ltd(6.75%), Infosys Ltd(5.15%), ITC Ltd(3.9%) as on August 2023
Financial Services(34.3%), Tech(11.7%), Energy(10.8%) as on August 2023
The alpha ratio for the HDFC Nifty 100 Index Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
HDFC Nifty 100 Index Fund Direct Growth | -0.36 | - | - |
As on August 2023
The alpha for HDFC Nifty 100 Index Fund Direct Growth is calculated against IISL Nifty 100 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 Nifty 100 Index Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
HDFC Nifty 100 Index Fund Direct Growth | 1 | - | - |
As on August 2023
The Beta for HDFC Nifty 100 Index Fund Direct Growth is calculated with IISL Nifty 100 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 Nifty 100 Index Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
HDFC Nifty 100 Index Fund Direct Growth | 0.06 | - | - |
As on August 2023
The sharpe ratio for HDFC Nifty 100 Index Fund Direct Growth is calculated with IISL Nifty 100 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 Nifty 100 Index Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
HDFC Nifty 100 Index Fund Direct Growth | 12.13 | - | - |
As on August 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 Nifty 100 Index Fund Direct Growth is 0%