HDFC Developed World Indexes Fund of Funds Direct Growth

HDFC Developed World Indexes Fund of Funds Direct Growth

Equity

Direct

Global - Other

NAV as on 12-03-2025

₹ 14.62

▲0.2%

1D

Inception Returns

11.7%

/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

  1. HDFC Developed World Indexes Fund of Funds Direct Growth has ₹1320 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.2.

Returns

HDFC Developed World Indexes Fund of Funds Direct Growth has given a CAGR return of 11.68% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 14.44% and 14.39% respectively.

Holdings

HDFC Developed World Indexes Fund of Funds Direct Growth has allocated its funds majorly in Cash Equivalent, Derivatives, Tech, Financial Services, Health, Consumer Cyclical, Industrial, Communication, Consumer Defensive, Energy, Basic Materials, Utilities, Corporate, Real Estate. 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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

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

Absolute
▲
▼

HDFC Developed World Indexes Fund of Funds Direct Growth Overview

Expense ratio0.17%
Benchmark
MSCI World NR LCL
AUM₹1320 Cr
Inception Date6 October, 2021
Min Lumpsum/SIP--/--
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
18.59%
STCGIf held for less than 24 months - slab rates.
LTCGIf held for more than 24 months - 12.5% without indexation.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (12-Mar-25)

Period
HDFC Developed World Indexes Fund of Funds Direct Growth
Global - Other Index
1M
-4.7%
-
3M
-2.2%
-
6M
6.2%
-
1Y
14.4%
-
3Y
14.4%
-

Fund Distribution

as on (31-Dec-69)

  • Equity 99.6%

  • Debt & Cash 0.3%

Sector Allocation

Jan'25

Dec'24

Nov'24

Tech
26.3%
Financial Services
15.9%
Consumer Cyclical
11.1%
Health
10.7%
Industrial
9.9%
Communication
8.7%
Consumer Defensive
5.9%
Energy
3.7%
Basic Materials
3.1%
Utilities
2.6%
Real Estate
2.1%

  • Equity

  • Debt & Cash

Holdings
Weight%
1M Change
UBS ETF MSCI USA NSL USD A-acc
UBS ETF MSCI USA NSL USD A-acc
72.69%
-0.9%

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
HDFC Developed World Indexes Fund of Funds Direct Growth
HDFC Developed World Indexes Fund of Funds Direct Growth
14.44%
14.39%
-
11.68%
DSP World Gold Fund of Fund Direct Plan Growth
DSP World Gold Fund of Fund Direct Plan Growth
51.67%
9.31%
15%
3.21%
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth
33%
35.3%
-
25.76%
Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth
Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth
22%
20.04%
25.08%
23.67%
See all
Loading...
We are taking more time than usual
Fund House
HDFC Asset Management Co Ltd
Total Schemes
78
See all HDFC schemes
Total AUM
₹7.12L Cr
as on 31-Jan-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 Developed World Indexes Fund of Funds 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 11.68% since inception which is more than its category average return of 8.3%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.6% in Equity, 0% in Debt and 0.32% in Cash related instruments
AUM size ₹1320 Cr

AUM size ₹1320 Cr

This fund has AUM of ₹1320 Cr which is more than its category average of ₹ 616 Cr
Expense Ratio 0.17%

Expense Ratio 0.17%

This fund has an expense ratio of 0.17% which is less than its category average expense ratio of 1.38%

Frequently Asked Questions for HDFC Developed World Indexes Fund of Funds Direct Growth

The current NAV of HDFC Developed World Indexes Fund of Funds Direct Growth is ₹14.62 as on 12-Mar-2025.
Existing (Absolute + CAGR) as on 12-Mar-2025.
HDFC Developed World Indexes Fund of Funds Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-4.68%
-4.68%
6 Month Returns
6.22%
6.22%
1 Year Returns
14.44%
14.44%
3 Years Returns
49.69%
14.39%
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.
0.17% as on February 2025
₹1320 Cr as on February 2025
Tech(25.91%), Financial Services(16.35%), Health(10.9%) as on February 2025
The alpha ratio for the HDFC Developed World Indexes Fund of Funds Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
HDFC Developed World Indexes Fund of Funds Direct Growth
-
-
-
As on February 2025
The alpha for HDFC Developed World Indexes Fund of Funds Direct Growth is calculated against MSCI World NR LCL. 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 Developed World Indexes Fund of Funds Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
HDFC Developed World Indexes Fund of Funds Direct Growth
-
-
-
As on February 2025
The Beta for HDFC Developed World Indexes Fund of Funds Direct Growth is calculated with MSCI World NR LCL. 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 Developed World Indexes Fund of Funds Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
HDFC Developed World Indexes Fund of Funds Direct Growth
1.98
0.67
-
As on February 2025
The sharpe ratio for HDFC Developed World Indexes Fund of Funds Direct Growth is calculated with MSCI World NR LCL. 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 Developed World Indexes Fund of Funds Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
HDFC Developed World Indexes Fund of Funds Direct Growth
6.98
13.33
-
As on February 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.
Sortino ratio is 1 as on February 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
The Exit load of HDFC Developed World Indexes Fund of Funds Direct Growth is 1%