HDFC Housing Opportunities Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 21-11-2024
₹ 23.2
▲0.3%
1D
Inception Returns
13.1%
/yr
About HDFC Housing Opportunities Fund Direct Growth
HDFC Housing Opportunities Fund Direct Growth is an equity fund. This fund was started on 6 December, 2017. The fund is managed by Rakesh Vyas. The fund could potentially beat inflation in the long-run.
Key Parameters
- HDFC Housing Opportunities Fund Direct Growth has ₹1453 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 1.2.
Returns
HDFC Housing Opportunities Fund Direct Growth has given a CAGR return of 13.15% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 27.06%, 19.71% and 20.20% respectively.
Holdings
HDFC Housing Opportunities Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Basic Materials, Industrial, Real Estate, Consumer Cyclical, Utilities. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Larsen & Toubro Ltd, NTPC Ltd, Ambuja Cements Ltd
Taxation
As it is a equity - 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 Housing Opportunities Fund Direct Growth
To provide long-term capital appreciation by investing predominantly in equity and equity related instruments of entities engaged in and/or expected to benefit from the growth in housing and its allied business activities. 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 Housing Opportunities Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
676 people have invested ₹ 23.3L in HDFC Housing Opportunities Fund Direct Growth in the last three months
HDFC Housing Opportunities Fund Direct Growth Overview
| Expense ratio | 1.2% |
Benchmark | IISL Nifty Housing TR INR |
| AUM | ₹1453 Cr |
| Inception Date | 6 December, 2017 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 4.02% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (21-Nov-24)
Fund Distribution
as on (31-Oct-24)
Large cap
60.1%
Small cap
32.3%
Mid cap
7.7%
Sector Allocation
Financial Services
29.2%
Basic Materials
23.8%
Industrial
19.6%
Real Estate
10.1%
Consumer Cyclical
9.1%
Utilities
8.3%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -5.01% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 1.51% in Oct'24
- AUM of the fund stands at 1.5K Cr as of Oct'24
- AUM decreased by 102.6 Cr between Oct'24 and Sep'24
Top Stocks bought last month
ICICI Bank Ltd's allocation increased from 7.88% to 8.56%
HDFC Bank Ltd's allocation increased from 7.85% to 8.42%
State Bank of India's allocation increased from 4.56% to 5.08%
Top Stocks sold last month
NTPC Ltd's allocation decreased from 7.12 % to 7.02 %
Ambuja Cements Ltd's allocation decreased from 6.91 % to 6.79 %
Prestige Estates Projects Ltd's allocation decreased from 6.76 % to 6.42 %
Mid Cap allocation has gone down from 8.6% to 7.7%
Large Cap allocation has gone up from 58.3% to 60.1%
Small Cap allocation has gone up from 32.1% to 32.3%
Cash allocation has gone down from 1% to -0%
Top 3 Sectors in October were Financial Services, Basic Materials & Industrial
Oct'24
Financial Services
29%
Basic Materials
24%
Industrial
20%
Sep'24
Financial Services
28%
Basic Materials
24%
Industrial
20%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 8.56% | 0% | |
 HDFC Bank Ltd | 8.42% | 0% | |
 Larsen & Toubro Ltd | 7.48% | 0% | |
 NTPC Ltd | 7.02% | 0% | |
 Ambuja Cements Ltd | 6.79% | 0% |
See all
See all
Top Losers | 1M Return |
|---|---|
 NTPC Ltd | -13.7% |
 Prestige Estates Projects Ltd | -9.7% |
 Ambuja Cements Ltd | -3.9% |
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Rakesh Vyas
Fund Manager of HDFC Housing Opportunities Fund Direct Growth, since 1 June 2019
Top funds managed
Fund House
HDFC Asset Management Co Ltd
Total Schemes
Total AUM
₹8.1L Cr
as on 31-Oct-2024
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
Mutual Fund Insights
In the last 5 years, ICICI Prudential Commodities Fund Direct Growth has given 32.69% return, outperforming this fund by 12.48% per annum.
Over the last 1 month, this fund has experienced a 6.6% drop in AUM moving from 1.55K Cr to 1.45K Cr.
Over the last 1 year, this fund has decreased expense ratio by 4.0% moving from 1.25 to 1.20.
In the last 1 year, HDFC Defence Fund Direct Growth has given 55.75% return, outperforming this fund by 28.69%.
In the last 3 years, SBI PSU Direct Growth has given 34.52% return, outperforming this fund by 14.81% per annum.
HDFC Housing Opportunities Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 13.15% since inception which is less than its category average return of 16.76%
Fund Allocations
This fund has an allocation of 100.03% in Equity, 0% in Debt and -0.03% in Cash related instruments
AUM size ₹1453 Cr
This fund has AUM of ₹1453 Cr which is less than its category average of ₹ 2245 Cr
Expense Ratio 1.2%
This fund has an expense ratio of 1.2% which is less than its category average expense ratio of 1.21%
Frequently Asked Questions for HDFC Housing Opportunities Fund Direct Growth
The current NAV of HDFC Housing Opportunities Fund Direct Growth is ₹23.2 as on 21-Nov-2024.
Existing (Absolute + CAGR) as on 21-Nov-2024.
HDFC Housing Opportunities Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -7.38% | -7.38% |
6 Month Returns | 0.63% | 0.63% |
1 Year Returns | 27.06% | 27.06% |
3 Years Returns | 71.54% | 19.71% |
5 Years Returns | 150.94% | 20.2% |
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.
1.2% as on October 2024
₹1453 Cr as on October 2024
ICICI Bank Ltd(8.56%), HDFC Bank Ltd(8.42%), Larsen & Toubro Ltd(7.48%), NTPC Ltd(7.02%), Ambuja Cements Ltd(6.79%) as on October 2024
Financial Services(29.2%), Basic Materials(23.78%), Industrial(19.58%) as on October 2024
The alpha ratio for the HDFC Housing Opportunities Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
HDFC Housing Opportunities Fund Direct Growth | - | - | - |
As on October 2024
The alpha for HDFC Housing Opportunities Fund Direct Growth is calculated against IISL Nifty Housing 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 Housing Opportunities Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
HDFC Housing Opportunities Fund Direct Growth | - | - | - |
As on October 2024
The Beta for HDFC Housing Opportunities Fund Direct Growth is calculated with IISL Nifty Housing 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 Housing Opportunities Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
HDFC Housing Opportunities Fund Direct Growth | 1.93 | 0.99 | 0.77 |
As on October 2024
The sharpe ratio for HDFC Housing Opportunities Fund Direct Growth is calculated with IISL Nifty Housing 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 Housing Opportunities Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
HDFC Housing Opportunities Fund Direct Growth | 15.13 | 15.59 | 21.69 |
As on October 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 1.85 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Rakesh Vyas is the fund manager of HDFC Housing Opportunities Fund Direct Growth
The Exit load of HDFC Housing Opportunities Fund Direct Growth is 1%