HDFC Technology Fund Regular - Growth
Unrated
NAV as of Dec 31, 2024
14.61-0.90%
- Growth - Regular
(Earn upto 1.21% Extra Returns with Direct Plan)
Fund Category:
Equity: Sectoral-Technology
Expense Ratio:
2.14%(1.14% Category
average)Fund Size:
Rs. 1,427.17 Cr(2.97% of Investment in Category)
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HDFC Technology Fund Regular - Growth
Unrated
NAV as of Dec 31, 2024
14.61-0.90%
Expense Ratio:
2.14%
Fund Size:
Rs. 1,427.17 Cr
Fund Category:
Equity: Sectoral-Technology
HDFC Technology Fund Regular - Growth Fund Key Highlights
1. Current NAV: The Current Net Asset Value of the HDFC Technology Fund - Regular Plan as of Dec 31, 2024 is Rs 14.61 for Growth option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 33.53% (1yr) and 34.37% (since launch). Whereas, Category returns for the same time duration are: 26.190695443833334% (1yr), 8.600397505704683% (3yr) and 28.17768976507182% (5yr).
3. Fund Size: The HDFC Technology Fund - Regular Plan currently holds Assets under Management worth of Rs 1427.1736 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 2.16% for Regular plan as on Nov 30, 2024.
5. Exit Load: HDFC Technology Fund - Regular Plan shall attract an Exit Load, "Exit load of 1%, if redeemed within 30 days."
6. Minimum Investment: Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
1. Current NAV: The Current Net Asset Value of the HDFC Technology Fund - Regular Plan as of Dec 31, 2024 is Rs 14.61 for Growth option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 33.53% (1yr) and 34.37% (since launch). Whereas, Category returns for the same time duration are: 26.190695443833334% (1yr), 8.600397505704683% (3yr) and 28.17768976507182% (5yr).
3. Fund Size: The HDFC Technology Fund - Regular Plan currently holds Assets under Management worth of Rs 1427.1736 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 2.16% for Regular plan as on Nov 30, 2024.
5. Exit Load: HDFC Technology Fund - Regular Plan shall attract an Exit Load, "Exit load of 1%, if redeemed within 30 days."
6. Minimum Investment: Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
HDFC Technology Fund Regular - Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 0.64 2.45 20.92 32.92 - - Category Avg 0.93 2.88 18.14 25.51 7.66 28.14 Rank within Category 10 21 1 2 - - No. of funds within Category 29 27 26 21 11 5 - Loading...
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Return Comparison
- This Fund
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HDFC Technology Fund Regular - Growth Fund Details
Investment Objective - The scheme seeks to provide long-term capital appreciation by investing predominantly in equity and equity related securities of Technology & technology related companies.
| Fund House | HDFC Mutual Fund |
| Launch Date | Sep 08, 2023 |
| Benchmark | BSE Teck Total Return Index |
| Return Since Launch | 33.44% |
| Riskometer | Very High |
| Type | Open-ended |
| Risk Grade | - |
| Return Grade | - |
HDFC Technology Fund Regular - Growth Investment Details
| Minimum Investment (Rs.) | 100.00 |
| Minimum Additional Investment (Rs.) | 100.00 |
| Minimum SIP Investment (Rs.) | 100.00 |
| Minimum Withdrawal (Rs.) | - |
| Exit Load Exit load of 1%, if redeemed within 30 days. | |
Portfolio Allocation
Asset Allocation
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Asset Allocation History
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EquityDebtCash
Sector Allocation
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Market Cap Allocation
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Concentration & Valuation Analysis
| NOV 2024 | OCT 2024 | SEP 2024 | AUG 2024 | JUL 2024 | JUN 2024 | |
|---|---|---|---|---|---|---|
| Number of Holdings | 28 | 27 | 27 | 27 | 24 | 24 |
| Top 5 Company Holdings | 52.68% | 54.44% | 56.24% | 57.91% | 59.77% | 60.64% |
| Top 10 Company Holdings | 69.98% | 71.38% | 73.63% | 74.68% | 76.69% | 77.95% |
| Company with Highest Exposure | Infosys (16.65%) | Infosys (17.07%) | Infosys (17.9%) | Infosys (18.83%) | Infosys (19.63%) | Infosys (18.91%) |
| Number of Sectors | 4 | 4 | 4 | 4 | 3 | 3 |
| Top 3 Sector Holdings | 91.83% | 91.9% | 93.34% | 94.91% | 95.44% | 98.12% |
| Top 5 Sector Holdings | 93.61% | 93.9% | 95.36% | 96.95% | 95.44% | 98.12% |
| Sector with Highest Exposure | Technology (59.75%) | Technology (61.02%) | Technology (61.92%) | Technology (64.73%) | Technology (65.26%) | Technology (65.6%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) Infosys Technology 17.9 29.01 64.90 21.18 Tata Consultancy Technology 14.58 31.41 131.12 7.44 Bharti Airtel Communication 10.8 79.25 20.16 56.73 HCL Technologies Technology 8.4 31.04 62.01 29.23 Mphasis Technology 4.56 33.73 84.27 4.03 Firstsource Solutions Services 3.92 49.68 7.69 103.08 Zomato Services 3.55 - - - Tech Mahindra Technology 3.45 50.83 33.45 31.53 Info Edge (India) Services 3.32 239.23 36.09 68.51 Bharti Hexacom Communication 3.15 - - -
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y HDFC Technology Fund Regular - Growth 14.61 Unrated 1,427.17 0.64 32.92 - - SBI Nifty IT ETF - Growth 464.78 Unrated 86.83 0.42 24.07 5.58 - Kotak Technology Fund Regular - Growth 12.56 Unrated 586.39 0.10 - - - Kotak Nifty IT ETF - Growth 46.31 Unrated 199.95 0.43 23.93 5.75 - Navi Nifty IT Index Fund Regular - Growth 12.45 Unrated 13.82 0.33 - - -
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Risk Ratio data not available for this fund
Fund Manager
- B.B.Balakumar BalasubramanianSince Aug 20230 schemes
Mr. Balasubramanian has done B.Tech, PGDM and CFA Prior to joining HDFC Mutual Fund, he has worked with Sanford C. Bernstein (India) Private Ltd, UBS Business Solutions (India) Pvt. Ltd, Cognizant Technology Solutions India Private Ltd, Capgemini India Private Ltd and Infosys Ltd
No schemes for the Fund Manager
More HDFC Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| HDFC Balanced Advantage Fund-Growth | 94,865.65 | -2.12 | -1.38 | 7.79 | 28.14 | 20.14 | |
| HDFC Mid-Cap Opportunities Fund-Growth | 75,037.43 | -3.52 | 0.40 | 15.07 | 37.37 | 24.62 | |
| HDFC Liquid Fund-Growth | 67,330.71 | 0.57 | 1.75 | 3.56 | 7.37 | 6.18 | |
| HDFC Flexi Cap Fund-Growth | 64,928.56 | -2.55 | 1.58 | 14.30 | 38.56 | 22.06 | |
| HDFC Top 100 Fund-Growth | 36,467.34 | -4.89 | -2.92 | 7.91 | 26.64 | 15.50 | |
| HDFC Small Cap Fund Regular-Growth | 33,504.02 | -2.65 | 1.02 | 14.55 | 30.09 | 22.20 | |
| HDFC Corporate Bond Fund-Growth | 32,072.16 | 0.51 | 2.22 | 4.68 | 8.72 | 6.15 | |
| HDFC Money Market Fund-Growth | 27,987.22 | 0.60 | 1.84 | 3.77 | 7.64 | 6.40 | |
| HDFC Hybrid Equity Fund-Growth | 24,068.32 | -1.69 | -0.31 | 8.08 | 20.43 | 11.58 | |
| HDFC Large and Mid Cap Fund Regular- Growth | 23,484.62 | -5.14 | -2.22 | 10.82 | 33.10 | 18.30 |
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About HDFC Technology Fund Regular - Growth
1. HDFC Technology Fund - Regular Plan is Open-ended Sectoral-Technology Equity scheme which belongs to HDFC Mutual Fund House.
2. The fund was launched on Sep 08, 2023.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide long-term capital appreciation by investing predominantly in equity and equity related securities of Technology & technology related companies. "
2. It is benchmarked against BSE Teck Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 93.61% in equities, 0.0% in debts and 6.39% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 73.63% of the assets, the top 3 sectors constitute around 91.83% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on HDFC Technology Fund Regular - Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
1. HDFC Technology Fund - Regular Plan is Open-ended Sectoral-Technology Equity scheme which belongs to HDFC Mutual Fund House.
2. The fund was launched on Sep 08, 2023.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide long-term capital appreciation by investing predominantly in equity and equity related securities of Technology & technology related companies. "
2. It is benchmarked against BSE Teck Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 93.61% in equities, 0.0% in debts and 6.39% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 73.63% of the assets, the top 3 sectors constitute around 91.83% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on HDFC Technology Fund Regular - Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
This Might Catch Your Interest
FAQs about HDFC Technology Fund Regular - Growth
- Is it safe to invest in HDFC Technology Fund - Regular Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the HDFC Technology Fund - Regular Plan comes under Very High risk category.
- What is the category of HDFC Technology Fund - Regular Plan?HDFC Technology Fund - Regular Plan belongs to the Equity : Sectoral-Technology category of funds.
- How Long should I Invest in HDFC Technology Fund - Regular Plan?The suggested investment horizon of investing into HDFC Technology Fund - Regular Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the HDFC Technology Fund - Regular Plan?The HDFC Technology Fund - Regular Plan is managed by Balakumar Balasubramanian (Since Aug 25, 2023).
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