HDFC Nifty 100 Index Fund Direct Growth

HDFC Nifty 100 Index Fund Direct Growth

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Equity
Direct
Index Funds

NAV: ₹ 11.5 as on 26-09-2023

Fund Performance
zero opening, trading, fund transfer fee
1077 people have invested ₹ 20.4L in HDFC Nifty 100 Index Fund Direct Growth in the last three months

Fund Insights

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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%.
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Over the last 1 month, this fund has experienced a 2.5% drop in AUM moving from 111.16 Cr to 108.35 Cr.
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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

  1. 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.
  2. The fund has an expense ratio 0.3.

HDFC Nifty 100 Index Fund Direct Growth Overview

Expense ratio
Expense ratio
0.3%
Benchmark
Benchmark
IISL Nifty 100 TR INR
AUM
AUM
₹108 Cr
Inception Date
Inception Date
23 February, 2022
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
35.92%

Fund Distribution as on (31-Aug-23)

  • Equity 99.7%

  • Debt & Cash 0.3%

Size breakup

Large cap
97.9%
Mid cap
1.8%

Sector Allocation

Aug'23

Jul'23

Jun'23

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

Equity Holdings101

HDFC Nifty 100 Index Fund Direct Growth: Monthly Changes Updates

All changes are between Jun'23 and Aug'23

Fund Performance

Aug'23
Jul'23
Jun'23
Fund Returns
-2.22%
3.12%
3.70%
Nifty 100
-2.43%
2.23%
3.79%
  • 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

Parameters
Aug'23
Jul'23
Jun'23
AUM
₹ 108.3 Cr
₹ 111.2 Cr
₹ 107.4 Cr
  • 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

Fund Highlights

Risk meter
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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 9.1% since inception which is less than its category average return of 14.17%
Fund Allocations

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

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%

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.
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  • 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%