HDFC Developed World Indexes Fund of Funds Direct Growth
Equity
Direct
Global - Other
NAV as on 26-11-2024
₹ 14.54
Inception Returns
12.6%
/yr
About HDFC Developed World Indexes Fund of Funds Direct Growth
HDFC Developed World Indexes Fund of Funds Direct Growth is an equity fund. This fund was started on 6 October, 2021. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- HDFC Developed World Indexes Fund of Funds Direct Growth has ₹1249 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.2.
Returns
HDFC Developed World Indexes Fund of Funds Direct Growth has given a CAGR return of 12.64% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 27.42% and 10.99% respectively.
Holdings
HDFC Developed World Indexes Fund of Funds Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Derivatives, Financial Services, Health, Consumer Cyclical, Industrial, Communication, Consumer Defensive, Energy, Basic Materials, Utilities, Real Estate, Corporate. Its top holdings are UBS ETF MSCI USA NSL USD A-acc, CSIF (Lux) Equity Europe CB USD, CSIF (Lux) Equity Japan CB USD, CSIF (Lux) Equity Canada CB USD, CSIF (Lux) Equity Pacific ex Jpn CB USD
Taxation
As it is a global - other 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.
Investment objective of HDFC Developed World Indexes Fund of Funds Direct Growth
The investment objective of the Scheme is to provide long term capital appreciation by passively investing in units/ shares of overseas Index Funds and/or ETFs which will in aggregate closely correspond to the MSCI World Index, subject to tracking errors. 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 Developed World Indexes Fund of Funds Direct Growth has no lock in period.
Historical NAV & Returns
HDFC Developed World Indexes Fund of Funds Direct Growth Overview
| Expense ratio | 0.23% |
Benchmark | MSCI World NR LCL |
| AUM | ₹1249 Cr |
| Inception Date | 6 October, 2021 |
| Min Lumpsum/SIP | --/-- |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 18.59% |
| STCG | Selling within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Very High Risk |
Trailing Returns
as on (26-Nov-24)
Fund Distribution
as on (31-Dec-69)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 UBS ETF MSCI USA NSL USD A-acc | 72.74% | -1% |
HDFC Developed World Indexes Fund of Funds Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹1249 Cr
Expense Ratio 0.23%
Frequently Asked Questions for HDFC Developed World Indexes Fund of Funds Direct Growth
HDFC Developed World Indexes Fund of Funds Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.47% | 1.47% |
6 Month Returns | 10.29% | 10.29% |
1 Year Returns | 27.42% | 27.42% |
3 Years Returns | 36.72% | 10.99% |
5 Years Returns | 0% | 0% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
HDFC Developed World Indexes Fund of Funds Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
HDFC Developed World Indexes Fund of Funds Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
HDFC Developed World Indexes Fund of Funds Direct Growth | 2.43 | 0.35 | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
HDFC Developed World Indexes Fund of Funds Direct Growth | 10.31 | 13.94 | - |