HDFC Technology Fund Direct Growth
NAV as on 29-04-2025
₹ 13.14
▲0.3%
1D
Inception Returns
17.4%
/yr
Historical NAV & Returns
Absolute
▲
▼
3351 people have invested ₹ 77.1L in HDFC Technology Fund Direct Growth in the last three months
About HDFC Technology Fund Direct Growth
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.
Key Parameters
- HDFC Technology Fund Direct Growth has ₹1359 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 1.
Returns
HDFC Technology Fund Direct Growth has given a CAGR return of 17.43% since inception. Over the last 1 year the fund has given a CAGR return of 14.29%.
Holdings
HDFC Technology Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Communication, Consumer Cyclical, Health, Financial Services, Industrial. Its top holdings are Infosys Ltd, Tata Consultancy Services Ltd, Bharti Airtel Ltd, HCL Technologies Ltd, Firstsource Solutions Ltd
Taxation
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 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of HDFC Technology Fund Direct Growth
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 and lockin period
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.
HDFC Technology Fund Direct Growth Overview
| Expense ratio | 0.95% |
Benchmark | S&P BSE TECK TR INR |
| AUM | ₹1359 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 |
Trailing Returns
as on (29-Apr-25)
Fund Distribution
as on (31-Mar-25)
Large cap
59.9%
Small cap
18.7%
Mid cap
12.7%
Sector Allocation
Tech
70%
Communication
23.1%
Consumer Cyclical
4.1%
Health
1.6%
Financial Services
1.2%
Industrial
0.1%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 0.89% whereas the fund’s underlying benchmark Nifty 500 returns stands at 7.25% as on Mar'25
- This fund underperformed Nifty 500 by 6.36% in Mar'25
- AUM of the fund stands at 1.4K Cr as of Mar'25
- AUM increased by 60.9 Cr between Mar'25 and Feb'25
Top Stocks bought last month
Bharti Airtel Ltd's allocation increased from 11.46% to 12.09%
Mphasis Ltd's allocation increased from 3.51% to 3.74%
Tata Communications Ltd's allocation increased from 1.16% to 1.34%
Top Stocks sold last month
Infosys Ltd's allocation decreased from 16.91 % to 15.03 %
Tata Consultancy Services Ltd's allocation decreased from 12.9 % to 12.85 %
HCL Technologies Ltd's allocation decreased from 7.83 % to 7.61 %
Small Cap allocation has gone down from 19.9% to 18.7%
Mid Cap allocation has gone up from 10.8% to 12.7%
Large Cap allocation has gone down from 62.3% to 59.9%
Cash allocation has gone up from 5.7% to 8.7%
Top 3 Sectors in March were Tech, Communication & Consumer Cyclical
Mar'25
Tech
70%
Communication
23%
Consumer Cyclical
4%
Feb'25
Tech
70%
Communication
22%
Consumer Cyclical
5%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Infosys Ltd | 15.03% | 0% | |
 Tata Consultancy Services Ltd | 12.85% | 0.7% | |
 Bharti Airtel Ltd | 12.09% | 0% | |
 HCL Technologies Ltd | 7.61% | 0.6% | |
 Firstsource Solutions Ltd | 3.91% | 0% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
HDFC Technology Fund Direct Growth | 14.29% | - | - | 17.43% |
 SBI Technology Opportunities Fund Direct Growth | 15.26% | 13.34% | 28.64% | 20.49% |
 ICICI Prudential Technology Fund Direct Plan Growth | 10.95% | 9.4% | 32.33% | 21.21% |
 Tata Digital India Fund Direct Growth | 8.05% | 9.81% | 30.34% | 19.21% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 Bharti Airtel Ltd | 5.7% |
 Mphasis Ltd | 2.3% |
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Fund House
HDFC Asset Management Co Ltd
Total Schemes
Total AUM
₹7.63L Cr
as on 31-Mar-2025
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 Technology 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 an average annual returns of 17.43% since inception which is more than its category average return of 11.49%
Fund Allocations
This fund has an allocation of 91.28% in Equity, 0% in Debt and 8.72% in Cash related instruments
AUM size ₹1359 Cr
This fund has AUM of ₹1359 Cr which is less than its category average of ₹ 2442 Cr
Expense Ratio 0.95%
This fund has an expense ratio of 0.95% which is less than its category average expense ratio of 1.12%
More funds from HDFC
5Y CAGR
▲ 36.43
5Y CAGR
▲ 32.37
5Y CAGR
▲ 31.86
5Y CAGR
▲ 29.37
Frequently Asked Questions for HDFC Technology Fund Direct Growth
The current NAV of HDFC Technology Fund Direct Growth is ₹13.14 as on 29-Apr-2025.
Existing (Absolute + CAGR) as on 29-Apr-2025.
HDFC Technology Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.26% | -0.26% |
6 Month Returns | -9.37% | -9.37% |
1 Year Returns | 14.29% | 14.29% |
3 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.
0.95% as on March 2025
₹1359 Cr as on March 2025
Infosys Ltd(15.03%), Tata Consultancy Services Ltd(12.85%), Bharti Airtel Ltd(12.09%), HCL Technologies Ltd(7.61%), Firstsource Solutions Ltd(3.91%) as on March 2025
Tech(63.88%), Communication(21.04%), Consumer Cyclical(3.72%) as on March 2025
The alpha ratio for the HDFC Technology Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
HDFC Technology Fund Direct Growth | 5.39 | - | - |
As on March 2025
The alpha for HDFC Technology Fund Direct Growth is calculated against S&P BSE TECK 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 Technology Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
HDFC Technology Fund Direct Growth | 0.99 | - | - |
As on March 2025
The Beta for HDFC Technology Fund Direct Growth is calculated with S&P BSE TECK 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 Technology Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
HDFC Technology Fund Direct Growth | 0.46 | - | - |
As on March 2025
The sharpe ratio for HDFC Technology Fund Direct Growth is calculated with S&P BSE TECK 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 Technology Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
HDFC Technology Fund Direct Growth | 21.28 | - | - |
As on March 2025
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 Technology Fund Direct Growth is 1%