HDFC Top 100 Fund Direct Growth

Equity
Direct
Large-Cap
HDFC Top 100 Fund Direct Growth

About the Fund

HDFC Top 100 Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Rahul Baijal. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. HDFC Top 100 Fund Direct Growth has ₹33488 Cr worth of assets under management (AUM) as on May 2024 and is more than category average.
  2. The fund has an expense ratio 1.

Returns

HDFC Top 100 Fund Direct Growth has given a CAGR return of 15.29% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 36.10%, 21.26% and 16.91% respectively.

Holdings

HDFC Top 100 Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Energy, Industrial, Consumer Defensive, Tech, Consumer Cyclical, Health, Utilities, Communication, Basic Materials. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Larsen & Toubro Ltd, Reliance Industries Ltd, NTPC Ltd

Taxation

As it is a large-cap 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 Top 100 Fund Direct Growth

To provide long-term capital appreciation/income by investing predominantly in Large-Cap 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 Top 100 Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
29790 people have invested ₹ 10.1Cr in HDFC Top 100 Fund Direct Growth in the last three months

INDmoney Rank

Powered by IND quant engine
9
/19
56% Performance
43% Risk Management
21% Cost
9 out of 19 among large-cap
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Larger AUM within category
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3Y returns in the top 25% of the category
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Beats FD returns for both 3Y & 5Y
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Highly volatile within category

Fund Overview

Expense ratio1.04%
Benchmark
S&P BSE 100 India TR INR
AUM₹33488 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
1%
Lock InNo Lock-in
TurnOver
15.68%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 99.5%

  • Debt & Cash 0.5%

Large cap
97.7%

Mid cap
1.8%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
34.2%
Energy
10.9%
Industrial
10.6%
Consumer Defensive
8.2%
Tech
8.2%
Consumer Cyclical
7.1%
Health
6.2%
Utilities
5.9%
Communication
4.9%
Basic Materials
3.8%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Rahul Baijal
Rahul Baijal
Fund Manager of HDFC Top 100 Fund Direct Growth, since 29 July 2022
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
HDFC Top 100 Fund -Direct Plan - Growth Option
21.19%
17.38%

Mutual Fund Insights

Insights icon
In the last 3 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 25.76% return, outperforming this fund by 4.5% per annum.
Insights icon
Over the last 6 months, this fund has experienced a 21.0% growth in AUM moving from 27.68K Cr to 33.48K Cr.
Insights icon
In the last 1 year, Quant Large Cap Fund Direct Growth has given 50.43% return, outperforming this fund by 14.33%.
Insights icon
In the last 5 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 20.13% return, outperforming this fund by 3.22% per annum.

HDFC Top 100 Fund Direct Growth 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 an average annual returns of 15.29% since inception which is more than its category average return of 14%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.53% in Equity, 0% in Debt and 0.47% in Cash related instruments
AUM size ₹33488 Cr

AUM size ₹33488 Cr

This fund has AUM of ₹33488 Cr which is more than its category average of ₹ 6321 Cr
Expense Ratio 1.04%

Expense Ratio 1.04%

This fund has an expense ratio of 1.04% which is less than its category average expense ratio of 1.32%

Frequently Asked Questions

The current NAV of HDFC Top 100 Fund Direct Growth is ₹1169.58 as on 20-Jun-2024.
Existing (Absolute + CAGR) as on 20-Jun-2024.
HDFC Top 100 Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
4.39%
4.39%
6 Month Returns
14.83%
14.83%
1 Year Returns
36.1%
36.1%
3 Years Returns
78.31%
21.26%
5 Years Returns
118.41%
16.91%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • 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.
1.04% as on May 2024
₹33488 Cr as on May 2024
ICICI Bank Ltd(9.75%), HDFC Bank Ltd(8.91%), Larsen & Toubro Ltd(6.17%), Reliance Industries Ltd(5.99%), NTPC Ltd(5.86%) as on May 2024
Financial Services(34.04%), Energy(10.89%), Industrial(10.51%) as on May 2024
The alpha ratio for the HDFC Top 100 Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
HDFC Top 100 Fund Direct Growth
4.1
4.79
0.33
As on May 2024
The alpha for HDFC Top 100 Fund Direct Growth is calculated against S&P BSE 100 India 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 Top 100 Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
HDFC Top 100 Fund Direct Growth
1
0.9
1
As on May 2024
The Beta for HDFC Top 100 Fund Direct Growth is calculated with S&P BSE 100 India 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 Top 100 Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
HDFC Top 100 Fund Direct Growth
2.12
1.13
0.61
As on May 2024
The sharpe ratio for HDFC Top 100 Fund Direct Growth is calculated with S&P BSE 100 India 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 Top 100 Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
HDFC Top 100 Fund Direct Growth
11.07
12.11
19.24
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.
Sortino ratio is 2.15 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.18 as on May 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Rahul Baijal is the fund manager of HDFC Top 100 Fund Direct Growth
The Exit load of HDFC Top 100 Fund Direct Growth is 1%