Equity
Direct
Sector - Technology
NAV as on 06-12-2024
₹ 15.22
Inception Returns
39.9%
/yr
HDFC Technology Fund Direct Growth is an equity fund. This fund was started on 8 September, 2023. The fund is managed by . The fund could potentially beat inflation in the long-run.
HDFC Technology Fund Direct Growth has given a CAGR return of 39.90% since inception. Over the last 1 year the fund has given a CAGR return of 45.38%.
HDFC Technology Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Communication, Consumer Cyclical, Financial Services, Industrial. Its top holdings are Infosys Ltd, Tata Consultancy Services Ltd, Bharti Airtel Ltd, HCL Technologies Ltd, Mphasis Ltd
As it is a sector - technology 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.
To provide long-term capital appreciation by investing predominantly in equity and equity related securities of Technology & technology related companies 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 Technology Fund Direct Growth has no lock in period.
Expense ratio | 0.97% |
Benchmark | S&P BSE IT |
AUM | ₹1317 Cr |
Inception Date | 8 September, 2023 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 0.95% |
STCG | Selling mutual fund 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 (06-Dec-24)
as on (31-Oct-24)
Top 3 Sectors in October were Tech, Communication & Consumer Cyclical
HDFC Technology Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.22% | 5.22% |
6 Month Returns | 31.78% | 31.78% |
1 Year Returns | 45.38% | 45.38% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
HDFC Technology Fund Direct Growth | 7.96 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
HDFC Technology Fund Direct Growth | 0.94 | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
HDFC Technology Fund Direct Growth | 1.71 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
HDFC Technology Fund Direct Growth | 17.89 | - | - |