HDFC Large and Mid Cap Fund Direct Growth
Equity
Direct
Large & Mid-Cap
NAV as on 29-10-2024
₹ 347.26
▲0.6%
1D
Inception Returns
14.9%
/yr
About HDFC Large and Mid Cap Fund Direct Growth
HDFC Large and Mid Cap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Gopal Agrawal. The fund could potentially beat inflation in the long-run.
Key Parameters
- HDFC Large and Mid Cap Fund Direct Growth has ₹24508 Cr worth of assets under management (AUM) as on Sep 2024 and is more than category average.
- The fund has an expense ratio 0.8.
Returns
HDFC Large and Mid Cap Fund Direct Growth has given a CAGR return of 14.87% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 40.93%, 21.23% and 25.28% respectively.
Holdings
HDFC Large and Mid Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Securitize, Consumer Cyclical, Health, Industrial, Tech, Basic Materials, Utilities, Energy, Communication, Consumer Defensive, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, IndusInd Bank Ltd, Infosys Ltd, Axis Bank Ltd
Taxation
As it is a large & mid-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 benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of HDFC Large and Mid Cap Fund Direct Growth
To generate long term capital appreciation/income from a portfolio, predominantly invested in equity and equity related instruments. 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 Large and Mid Cap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
18263 people have invested ₹ 12.1Cr in HDFC Large and Mid Cap Fund Direct Growth in the last three months
INDmoney Rank for HDFC Large and Mid Cap Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
5Y returns in the top 25% of the category
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
HDFC Large and Mid Cap Fund Direct Growth Overview
| Expense ratio | 0.84% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹24508 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 7.09% |
| 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 (29-Oct-24)
Fund Distribution
as on (30-Sep-24)
Large cap
48.2%
Mid cap
36.2%
Small cap
12.4%
Sector Allocation
Financial Services
32.4%
Consumer Cyclical
12.9%
Health
12.7%
Industrial
11.5%
Tech
9.1%
Basic Materials
6%
Utilities
4.5%
Energy
3.7%
Communication
3%
Consumer Defensive
2.6%
Real Estate
1.5%
All changes are between Jul'24 and Sep'24
- This fund’s returns stands at 1.84% whereas the fund’s underlying benchmark NIFTY 500 returns stands at 2.04% as on Sep'24
- This fund underperformed NIFTY 500 by 0.20% in Sep'24
- AUM of the fund stands at 23.7K Cr as of Sep'24
- AUM has remained same between Sep'24 and Aug'24
Top Stocks bought last month
Five-Star Business Finance Ltd's allocation increased from 0.4% to 0.67%
Fortis Healthcare Ltd's allocation increased from 0.93% to 1.14%
Bharti Airtel Ltd's allocation increased from 1.16% to 1.35%
Top Stocks sold last month
IndusInd Bank Ltd's allocation decreased from 2.26 % to 2.23 %
Infosys Ltd's allocation decreased from 1.91 % to 1.78 %
Lupin Ltd's allocation decreased from 1.43 % to 1.36 %
Large Cap allocation has gone down from 49.4% to 48.2%
Small Cap allocation has gone up from 10.7% to 12.4%
Mid Cap allocation has gone down from 37.1% to 36.2%
Cash allocation has gone up from 2% to 2.2%
Debt allocation has gone down from 0.4% to 0.4%
Top 3 Sectors in September were Financial Services, Securitize & Consumer Cyclical
Sep'24
Financial Services
32%
Securitize
13%
Consumer Cyclical
13%
Aug'24
Financial Services
32%
Securitize
15%
Consumer Cyclical
13%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 4.83% | 0% | |
 ICICI Bank Ltd | 3.43% | 0% | |
 IndusInd Bank Ltd | 2.23% | 0% | |
 Infosys Ltd | 1.78% | 0% | |
 Axis Bank Ltd | 1.63% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 HDFC Bank Ltd | 0.7% |
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Gopal Agrawal
Fund Manager of HDFC Large and Mid Cap Fund Direct Growth, since 16 July 2020
Top funds managed
Fund House
HDFC Asset Management Co Ltd
Total Schemes
Total AUM
₹7.87L Cr
as on 30-Sep-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
Over the last 6 months, this fund has experienced a 41.6% growth in AUM moving from 17.31K Cr to 24.50K Cr.
Over the last 15 months, this fund has decreased expense ratio by 17.6% moving from 1.02 to 0.84.
In the last 3 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 26.66% return, outperforming this fund by 5.43% per annum.
This fund expense ratio is slightly on the lower side within the category (large & mid-cap). Its expense ratio is 0.84% which is lower than the category average expense ratio of 1.19%.
In the last 5 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 27.83% return, outperforming this fund by 2.55% per annum.
In the last 1 year, Motilal Oswal Large and Midcap Fund Direct Growth has given 59.46% return, outperforming this fund by 18.54%.
HDFC Large and Mid Cap 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 14.87% since inception which is less than its category average return of 17%
Fund Allocations
This fund has an allocation of 97.25% in Equity, 0.37% in Debt and 2.22% in Cash related instruments
AUM size ₹24508 Cr
This fund has AUM of ₹24508 Cr which is more than its category average of ₹ 7524 Cr
Expense Ratio 0.84%
This fund has an expense ratio of 0.84% which is less than its category average expense ratio of 1.32%
Frequently Asked Questions for HDFC Large and Mid Cap Fund Direct Growth
The current NAV of HDFC Large and Mid Cap Fund Direct Growth is ₹347.26 as on 29-Oct-2024.
Existing (Absolute + CAGR) as on 29-Oct-2024.
HDFC Large and Mid Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -7.27% | -7.27% |
6 Month Returns | 10.67% | 10.67% |
1 Year Returns | 40.93% | 40.93% |
3 Years Returns | 78.15% | 21.23% |
5 Years Returns | 208.62% | 25.28% |
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.
0.84% as on September 2024
₹24508 Cr as on September 2024
HDFC Bank Ltd(4.83%), ICICI Bank Ltd(3.43%), IndusInd Bank Ltd(2.23%), Infosys Ltd(1.78%), Axis Bank Ltd(1.63%) as on September 2024
Financial Services(31.55%), Consumer Cyclical(12.53%), Health(12.35%) as on September 2024
The alpha ratio for the HDFC Large and Mid Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
HDFC Large and Mid Cap Fund Direct Growth | 0.7 | 3.74 | 1.35 |
As on September 2024
The alpha for HDFC Large and Mid Cap Fund Direct Growth is calculated against S&P BSE 200 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 Large and Mid Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
HDFC Large and Mid Cap Fund Direct Growth | 1.03 | 0.97 | 1 |
As on September 2024
The Beta for HDFC Large and Mid Cap Fund Direct Growth is calculated with S&P BSE 200 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 Large and Mid Cap Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
HDFC Large and Mid Cap Fund Direct Growth | 2.65 | 1.34 | 1.06 |
As on September 2024
The sharpe ratio for HDFC Large and Mid Cap Fund Direct Growth is calculated with S&P BSE 200 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 Large and Mid Cap Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
HDFC Large and Mid Cap Fund Direct Growth | 12.16 | 13.23 | 19.92 |
As on September 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 2.78 as on September 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.52 as on September 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Gopal Agrawal is the fund manager of HDFC Large and Mid Cap Fund Direct Growth
The Exit load of HDFC Large and Mid Cap Fund Direct Growth is 1%