Equity
Direct
Index Funds
NAV as on 29-11-2024
₹ 14.75
▲0.9%
1D
Inception Returns
15.1%
/yr
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.
HDFC Nifty 100 Index Fund Direct Growth has given a CAGR return of 15.13% since inception. Over the last 1 year the fund has given a CAGR return of 25.10%.
HDFC Nifty 100 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Consumer Cyclical, Energy, Consumer Defensive, Industrial, Basic Materials, Utilities, Health, Communication, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Infosys Ltd, ITC Ltd
As it is a index funds 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 generate returns that are commensurate (before fees and expenses) with the performance of the NIFTY 100 Index TRI (Underlying Index), subject to tracking error. 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 Nifty 100 Index Fund Direct Growth has no lock in period.
Expense ratio | 0.3% |
Benchmark | IISL Nifty 100 TR INR |
AUM | ₹235 Cr |
Inception Date | 23 February, 2022 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 16.44% |
STCG | Redeeming before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (31-Oct-24)
Top 3 Sectors in October were Financial Services, Consumer Cyclical & Tech
HDFC Nifty 100 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -1.04% | -1.04% |
6 Month Returns | 6.14% | 6.14% |
1 Year Returns | 25.1% | 25.1% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
HDFC Nifty 100 Index Fund Direct Growth | -0.46 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
HDFC Nifty 100 Index Fund Direct Growth | 1 | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
HDFC Nifty 100 Index Fund Direct Growth | 1.27 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
HDFC Nifty 100 Index Fund Direct Growth | 12.82 | - | - |