HDFC Large and Mid Cap Fund Direct Growth

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

  1. 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.
  2. 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 benefit
Dividends 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

zero opening, trading, fund transfer fee
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.
img
5Y returns in the top 25% of the category
img
3Y returns in the top 25% of the category
img
Beats FD returns for both 3Y & 5Y duration
img
No bad points found for this fund.

HDFC Large and Mid Cap Fund Direct Growth Overview

Expense ratio0.84%
Benchmark
S&P BSE 200 India TR INR
AUM₹24508 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
7.09%
STCGRedeeming before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (29-Oct-24)

Period
HDFC Large and Mid Cap Fund Direct Growth
NIFTY 500
large & mid-cap
1M
-7.3%
-6.9%
-7.1%
3M
-2.7%
-2.6%
-1.8%
6M
10.7%
8.6%
11.5%
1Y
40.9%
36%
40.8%
3Y
21.2%
14.7%
18%
5Y
25.3%
18.9%
22.1%

Fund Distribution

as on (30-Sep-24)

  • Equity 97.2%

  • Debt & Cash 2.6%

Large cap
48.2%

Mid cap
36.2%

Small cap
12.4%

Sector Allocation

Sep'24

Aug'24

Jul'24

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
Sep'24
Aug'24
Jul'24
Fund Returns
1.84%
0.87%
5.13%
NIFTY 500
2.04%
0.97%
3.53%
  • 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
Parameters
Sep'24
Aug'24
Jul'24
AUM
₹ 23.7K Cr
₹ 23.7K Cr
₹ 23K Cr
  • 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%
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%
Fortis Healthcare Ltd's allocation increased from 0.93% to 1.14%
Bharti Airtel Ltd's allocation increased from 1.16% to 1.35%
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 %
IndusInd Bank Ltd's allocation decreased from 2.26 % to 2.23 %
Infosys Ltd's allocation decreased from 1.91 % to 1.78 %
Infosys Ltd's allocation decreased from 1.91 % to 1.78 %
Lupin Ltd's allocation decreased from 1.43 % to 1.36 %
Lupin Ltd's allocation decreased from 1.43 % to 1.36 %
Large Cap allocation has gone down from 49.4% to 48.2%
Large Cap allocation has gone down from 49.4% to 48.2%
Small Cap allocation has gone up from 10.7% to 12.4%
Small Cap allocation has gone up from 10.7% to 12.4%
Mid Cap allocation has gone down from 37.1% to 36.2%
Mid Cap allocation has gone down from 37.1% to 36.2%
Cash allocation has gone up from 2% to 2.2%
Cash allocation has gone up from 2% to 2.2%
Debt allocation has gone down from 0.4% to 0.4%
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%
  • Gainers

  • Losers

Top Growth Drivers
1M Return
HDFC Bank Ltd
HDFC Bank Ltd
0.7%
Fund
Sep'24
Aug'24
Jul'24
No of Holdings
203
198
198
Top 5 Company Concentration
13.9%
14.1%
13.9%
Company having highest exposure
HDFC Bank Ltd (4.8%)
HDFC Bank Ltd (4.7%)
HDFC Bank Ltd (4.8%)
No of Sectors
12
12
12
Top 5 Sectors Concentration
82.5%
84.5%
83%
Sector having highest exposure
Financial Services (32.4%)
Financial Services (31.9%)
Financial Services (32.8%)
Loading...
We are taking more time than usual
Gopal Agrawal
Gopal Agrawal
Fund Manager of HDFC Large and Mid Cap Fund Direct Growth, since 16 July 2020
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

Insights icon
Over the last 6 months, this fund has experienced a 41.6% growth in AUM moving from 17.31K Cr to 24.50K Cr.
Insights icon
Over the last 15 months, this fund has decreased expense ratio by 17.6% moving from 1.02 to 0.84.
Insights icon
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.
Insights icon
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%.
Insights icon
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.
Insights icon
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

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 14.87% since inception which is less than its category average return of 17%
Fund Allocations

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

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%

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%