HDFC Nifty 100 Index Fund Direct Growth
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 ₹199 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
- The fund has an expense ratio 0.2.
Returns
HDFC Nifty 100 Index Fund Direct Growth has given a CAGR return of 18.07% since inception. Over the last 1 year the fund has given a CAGR return of 30.76%.
Holdings
HDFC Nifty 100 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Energy, Consumer Cyclical, Tech, Consumer Defensive, Industrial, Basic Materials, Utilities, Health, Communication, Real Estate. Its top holdings are HDFC Bank Ltd, Reliance Industries Ltd, ICICI Bank Ltd, Infosys Ltd, Larsen & Toubro Ltd
Taxation
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.
Investment objective of HDFC Nifty 100 Index Fund Direct Growth
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 and lockin period
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.
Fund Overview
| Expense ratio | 0.2% |
Benchmark | IISL Nifty 100 TR INR |
| AUM | ₹199 Cr |
| Inception Date | 23 February, 2022 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 35.92% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
as on (30-Jun-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 9.51% | 9.5% | |
 Reliance Industries Ltd | 7.94% | 9.3% | |
 ICICI Bank Ltd | 6.33% | 9.5% | |
 Infosys Ltd | 4.24% | 10.6% | |
 Larsen & Toubro Ltd | 3.11% | 8% |
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 Infosys Ltd | 20.3% |
 Reliance Industries Ltd | 3.2% |
HDFC Nifty 100 Index Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹199 Cr
Expense Ratio 0.2%
Frequently Asked Questions
HDFC Nifty 100 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.16% | 3.16% |
6 Month Returns | 17.19% | 17.19% |
1 Year Returns | 30.76% | 30.76% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
HDFC Nifty 100 Index Fund Direct Growth | -0.34 | - | - |
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 | 1.88 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
HDFC Nifty 100 Index Fund Direct Growth | 11.53 | - | - |