HDFC NIFTY200 Momentum 30 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV as on 22-10-2024
₹ 11.83
1D
Inception Returns
21.6%
/yr
About HDFC NIFTY200 Momentum 30 Index Fund Direct Growth
HDFC NIFTY200 Momentum 30 Index Fund Direct Growth is an equity fund. This fund was started on 28 February, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- HDFC NIFTY200 Momentum 30 Index Fund Direct Growth has ₹801 Cr worth of assets under management (AUM) as on Sep 2024 and is less than category average.
- The fund has an expense ratio 0.4.
Returns
HDFC NIFTY200 Momentum 30 Index Fund Direct Growth has given a CAGR return of 21.56% since inception.
Holdings
HDFC NIFTY200 Momentum 30 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Industrial, Utilities, Financial Services, Communication, Energy, Basic Materials, Tech, Health, Real Estate. Its top holdings are Trent Ltd, Bajaj Auto Ltd, NTPC Ltd, Bharti Airtel Ltd, Mahindra & Mahindra 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 NIFTY200 Momentum 30 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 NIFTY200 Momentum 30 Index TRI (Underlying Index), subject to tracking error.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. HDFC NIFTY200 Momentum 30 Index Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
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6363 people have invested ₹ 2.5Cr in HDFC NIFTY200 Momentum 30 Index Fund Direct Growth in the last three months
HDFC NIFTY200 Momentum 30 Index Fund Direct Growth Overview
| Expense ratio | 0.4% |
Benchmark | Nifty200 Momentum 30 |
| AUM | ₹801 Cr |
| Inception Date | 28 February, 2024 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 2.82% |
| 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 |
Fund Distribution
as on (30-Sep-24)
Large cap
85.4%
Mid cap
14.7%
Sector Allocation
Consumer Cyclical
30.9%
Industrial
25.1%
Utilities
9.6%
Financial Services
9.4%
Communication
7.3%
Energy
4.7%
Basic Materials
4.5%
Tech
4.2%
Health
3.5%
Real Estate
0.7%
All changes are between Jul'24 and Sep'24
- This fund’s returns stands at 1.28% whereas the fund’s underlying benchmark Nifty200 Momentum 30 returns stands at 2.11% as on Sep'24
- This fund underperformed Nifty200 Momentum 30 by 0.83% in Sep'24
- AUM of the fund stands at 774.6 Cr as of Sep'24
- AUM has remained same between Sep'24 and Aug'24
Top Stocks bought last month
Bajaj Auto Ltd's allocation increased from 5.3% to 5.97%
Mahindra & Mahindra Ltd's allocation increased from 4.54% to 4.97%
Tata Power Co Ltd's allocation increased from 3.52% to 3.88%
Top Stocks sold last month
Tata Motors Ltd's allocation decreased from 5.48 % to 4.76 %
Coal India Ltd's allocation decreased from 4.85 % to 4.68 %
Adani Ports & Special Economic Zone Ltd's allocation decreased from 4.79 % to 4.64 %
Mid Cap allocation has gone down from 25.5% to 14.7%
Large Cap allocation has gone up from 74.3% to 85.4%
Cash allocation has gone down from 0.2% to -0.2%
Top 3 Sectors in September were Consumer Cyclical, Industrial & Financial Services
Sep'24
Consumer Cyclical
31%
Industrial
25%
Utilities
10%
Aug'24
Consumer Cyclical
30%
Industrial
26%
Financial Services
11%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Trent Ltd | 6.62% | 2.6% | |
 Bajaj Auto Ltd | 5.97% | 2.7% | |
 NTPC Ltd | 5.73% | 2.6% | |
 Bharti Airtel Ltd | 5.64% | 2.6% | |
 Mahindra & Mahindra Ltd | 4.97% | 2.6% |
See all
See all
Top Losers | 1M Return |
|---|---|
 Tata Motors Ltd | -6.3% |
 Power Finance Corporation Ltd | -3.8% |
 REC Ltd | 0.7% |
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Fund House
HDFC Asset Management Co Ltd
Total Schemes
Total AUM
₹7.87L Cr
as on 30-Sep-2024
Address
HDFC Asset Management Company Limited,“HUL House”, 2nd Floor,,H.T. Parekh Marg,165-166, Backbay Reclamation,,Churchgate,
Phone
+912266316333
Website
cliser@hdfcfund.com
HDFC NIFTY200 Momentum 30 Index 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 returns of 21.56% since inception (28th February 2024)
Fund Allocations
This fund has an allocation of 100.15% in Equity, 0% in Debt and -0.15% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is less than its category average of ₹ 854 Cr
Expense Ratio 0.4%
This fund has an expense ratio of 0.4% which is less than its category average expense ratio of 0.51%
Frequently Asked Questions for HDFC NIFTY200 Momentum 30 Index Fund Direct Growth
The current NAV of HDFC NIFTY200 Momentum 30 Index Fund Direct Growth is ₹11.83 as on 22-Oct-2024.
Existing (Absolute + CAGR) as on 22-Oct-2024.
HDFC NIFTY200 Momentum 30 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -1.05% | -1.05% |
6 Month Returns | 18.07% | 18.07% |
1 Year Returns | 0% | 0% |
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.
0.4% as on September 2024
₹801 Cr as on September 2024
Trent Ltd(6.62%), Bajaj Auto Ltd(5.97%), NTPC Ltd(5.73%), Bharti Airtel Ltd(5.64%), Mahindra & Mahindra Ltd(4.97%) as on September 2024
Consumer Cyclical(30.99%), Industrial(25.13%), Utilities(9.62%) as on September 2024
The alpha ratio for the HDFC NIFTY200 Momentum 30 Index Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
HDFC NIFTY200 Momentum 30 Index Fund Direct Growth | - | - | - |
As on September 2024
The alpha for HDFC NIFTY200 Momentum 30 Index Fund Direct Growth is calculated against Nifty200 Momentum 30. 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 NIFTY200 Momentum 30 Index Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
HDFC NIFTY200 Momentum 30 Index Fund Direct Growth | - | - | - |
As on September 2024
The Beta for HDFC NIFTY200 Momentum 30 Index Fund Direct Growth is calculated with Nifty200 Momentum 30. 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 NIFTY200 Momentum 30 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 NIFTY200 Momentum 30 Index Fund Direct Growth | - | - | - |
As on September 2024
The sharpe ratio for HDFC NIFTY200 Momentum 30 Index Fund Direct Growth is calculated with Nifty200 Momentum 30. 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 NIFTY200 Momentum 30 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 NIFTY200 Momentum 30 Index Fund Direct Growth | - | - | - |
As on September 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.
The Exit load of HDFC NIFTY200 Momentum 30 Index Fund Direct Growth is 0%