HDFC Technology Fund Direct Payout Inc Dist cum Cap Wdrl

HDFC Technology Fund Direct Payout Inc Dist cum Cap Wdrl

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Equity
Direct
Sector - Technology
NAV: ₹ 11.88 as on 12-06-2024

About the Fund

HDFC Technology Fund Direct Payout Inc Dist cum Cap Wdrl 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

  1. HDFC Technology Fund Direct Payout Inc Dist cum Cap Wdrl has ₹953 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
  2. The fund has an expense ratio 1.

Returns

HDFC Technology Fund Direct Payout Inc Dist cum Cap Wdrl has given a CAGR return of 17.92% since inception.

Holdings

HDFC Technology Fund Direct Payout Inc Dist cum Cap Wdrl 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

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 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of HDFC Technology Fund Direct Payout Inc Dist cum Cap Wdrl

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 Payout Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
10 people have invested ₹ 36.1K in HDFC Technology Fund Direct Payout Inc Dist cum Cap Wdrl in the last three months

Overview

Expense ratio
Expense ratio
1.01%
Benchmark
Benchmark
S&P BSE IT
AUM
AUM
₹953 Cr
Inception Date
Inception Date
8 September, 2023
Min Lumpsum/SIP
Min Lumpsum/SIP
--/₹100
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
0%

HDFC Technology Fund Direct Payout Inc Dist cum Cap Wdrl Distribution as on (30-Apr-24)

  • Equity 96.2%

  • Debt & Cash 3.8%

Size breakup

Large cap
71%
Mid cap
14%
Small cap
12.8%
Sector Allocation

Apr'24

Mar'24

Feb'24

Tech
73.7%
Communication
21.2%
Consumer Cyclical
3.6%
Financial Services
1.3%
Industrial
0.2%

Monthly Changes Updates

All changes are between Feb'24 and Apr'24
Fund Performance
Apr'24
Mar'24
Feb'24
Fund Returns
-0.16%
-4.07%
2.98%
Nifty 500
2.46%
-0.47%
1.58%
  • This fund’s returns stands at -0.16% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.46% as on Apr'24
  • This fund underperformed Nifty 500 by 2.62% in Apr'24
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 962.8 Cr
₹ 962.8 Cr
₹ 986.2 Cr
  • AUM of the fund stands at 962.8 Cr as of Apr'24
  • AUM has remained same between Apr'24 and Mar'24
Fund Portfolio Changes

Top Holdings of HDFC Technology Fund Direct Payout Inc Dist cum Cap Wdrl as on (31-May-24)

  • Equity

Equity Holdings23

HDFC Technology Fund Direct Payout Inc Dist cum Cap Wdrl Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered returns of 17.92% since inception (08nd Sep 2023)
Fund Allocations

Fund Allocations

This fund has an allocation of 96.24% in Equity, 0% in Debt and 3.76% in Cash related instruments
AUM size ₹953 Cr

AUM size ₹953 Cr

This fund has AUM of ₹953 Cr which is less than its category average of ₹ 2953 Cr
Expense Ratio 1.01%

Expense Ratio 1.01%

This fund has an expense ratio of 1.01% which is less than its category average expense ratio of 1.25%

Frequently Asked Questions

The current NAV of HDFC Technology Fund Direct Payout Inc Dist cum Cap Wdrl is ₹11.88 as on 12-Jun-2024.
Existing (Absolute + CAGR) as on 12-Jun-2024.
HDFC Technology Fund Direct Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
6.28%
6.28%
6 Month Returns
11.76%
11.76%
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.
1.01% as on May 2024
₹953 Cr as on May 2024
Infosys Ltd(18.87%), Tata Consultancy Services Ltd(17.63%), Bharti Airtel Ltd(12.18%), HCL Technologies Ltd(8.52%), Mphasis Ltd(4.86%) as on May 2024
Tech(70.91%), Communication(20.39%), Consumer Cyclical(3.47%) as on May 2024
The alpha ratio for the HDFC Technology Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
HDFC Technology Fund Direct Payout Inc Dist cum Cap Wdrl
-
-
-
As on May 2024
The alpha for HDFC Technology Fund Direct Payout Inc Dist cum Cap Wdrl is calculated against S&P BSE IT. 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 Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
HDFC Technology Fund Direct Payout Inc Dist cum Cap Wdrl
-
-
-
As on May 2024
The Beta for HDFC Technology Fund Direct Payout Inc Dist cum Cap Wdrl is calculated with S&P BSE IT. 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 Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
HDFC Technology Fund Direct Payout Inc Dist cum Cap Wdrl
-
-
-
As on May 2024
The sharpe ratio for HDFC Technology Fund Direct Payout Inc Dist cum Cap Wdrl is calculated with S&P BSE IT. 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 Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
HDFC Technology Fund Direct Payout Inc Dist cum Cap Wdrl
-
-
-
As on May 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 Technology Fund Direct Payout Inc Dist cum Cap Wdrl is 1%