HDFC Large and Mid Cap Fund Direct Growth
Equity
Direct
Large & Mid-Cap
NAV as on 02-12-2024
₹ 348.26
▲0.5%
1D
Inception Returns
14.8%
/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 ₹23485 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
- The fund has an expense ratio 0.9.
Returns
HDFC Large and Mid Cap Fund Direct Growth has given a CAGR return of 14.84% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 29.64%, 22.30% and 24.35% respectively.
Holdings
HDFC Large and Mid Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Securitize, Health, Consumer Cyclical, Industrial, Tech, Basic Materials, Utilities, Energy, Communication, Consumer Defensive, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Infosys Ltd, Axis Bank Ltd, Mphasis 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
▲
▼
18445 people have invested ₹ 12Cr 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
9
/21
78% Performance
40% Risk Management
57% Cost
9 out of 21 among large & mid-cap
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
No bad points found for this fund.
HDFC Large and Mid Cap Fund Direct Growth Overview
| Expense ratio | 0.86% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹23485 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 (02-Dec-24)
Fund Distribution
as on (31-Oct-24)
Large cap
49.1%
Mid cap
36.3%
Small cap
12.1%
Sector Allocation
Financial Services
32.1%
Health
12.9%
Consumer Cyclical
12.8%
Industrial
11.1%
Tech
10.6%
Basic Materials
6.2%
Utilities
4.1%
Energy
3.3%
Communication
2.9%
Consumer Defensive
2.7%
Real Estate
1.4%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -6.29% whereas the fund’s underlying benchmark NIFTY 500 returns stands at -6.52% as on Oct'24
- This fund outperformed NIFTY 500 by 0.22% in Oct'24
- AUM of the fund stands at 23.5K Cr as of Oct'24
- AUM decreased by 1K Cr between Oct'24 and Sep'24
Top Stocks bought last month
Infosys Ltd's allocation increased from 1.78% to 2.49%
Mphasis Ltd's allocation increased from 1.34% to 1.89%
Axis Bank Ltd's allocation increased from 1.63% to 2.1%
Top Stocks sold last month
IndusInd Bank Ltd's allocation decreased from 2.23 % to 1.69 %
Trent Ltd's allocation decreased from 1.33 % to 1.3 %
LIC Housing Finance Ltd's allocation decreased from 1.22 % to 1.21 %
Large Cap allocation has gone up from 48.2% to 49.1%
Small Cap allocation has gone down from 12.4% to 12.1%
Mid Cap allocation has gone up from 36.2% to 36.3%
Cash allocation has gone down from 2.2% to 1.1%
Debt allocation has gone up from 0.4% to 0.4%
Top 3 Sectors in October were Financial Services, Securitize & Consumer Cyclical
Oct'24
Financial Services
32%
Securitize
21%
Health
13%
Sep'24
Financial Services
32%
Securitize
13%
Consumer Cyclical
13%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 5.05% | 0% | |
 ICICI Bank Ltd | 3.63% | 0% | |
 Infosys Ltd | 2.49% | 42.9% | |
 Axis Bank Ltd | 2.1% | 30.8% | |
 Mphasis Ltd | 1.89% | 41.4% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Avalon Technologies Ltd | 61.4% |
 Indian Hotels Co Ltd | 20.2% |
 HDFC Bank Ltd | 5.3% |
Loading...
We are taking more time than usual
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
₹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
Over the last 1 month, this fund has experienced a 4.2% drop in AUM moving from 24.50K Cr to 23.48K Cr.
This fund expense ratio is slightly on the lower side within the category (large & mid-cap). Its expense ratio is 0.86% which is lower than the category average expense ratio of 1.2%.
In the last 1 year, Motilal Oswal Large and Midcap Fund Direct Growth has given 50.66% return, outperforming this fund by 21.01%.
Over the last 15 months, this fund has decreased expense ratio by 14.9% moving from 1.01 to 0.86.
In the last 5 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 28.17% return, outperforming this fund by 3.83% per annum.
In the last 3 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 27.99% return, outperforming this fund by 5.69% per annum.
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 14.84% since inception which is less than its category average return of 16.85%
Fund Allocations
This fund has an allocation of 98.37% in Equity, 0.39% in Debt and 1.08% in Cash related instruments
AUM size ₹23485 Cr
This fund has AUM of ₹23485 Cr which is more than its category average of ₹ 7239 Cr
Expense Ratio 0.86%
This fund has an expense ratio of 0.86% which is less than its category average expense ratio of 1.37%
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 ₹348.26 as on 02-Dec-2024.
Existing (Absolute + CAGR) as on 02-Dec-2024.
HDFC Large and Mid Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.73% | 0.73% |
6 Month Returns | 9.38% | 9.38% |
1 Year Returns | 29.64% | 29.64% |
3 Years Returns | 82.93% | 22.3% |
5 Years Returns | 197.28% | 24.35% |
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.
0.86% as on November 2024
₹23485 Cr as on November 2024
HDFC Bank Ltd(5.05%), ICICI Bank Ltd(3.63%), Infosys Ltd(2.49%), Axis Bank Ltd(2.1%), Mphasis Ltd(1.89%) as on November 2024
Financial Services(31.61%), Health(12.68%), Consumer Cyclical(12.55%) as on November 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 | 1.31 | 3.26 | 1.45 |
As on November 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 | 0.97 | 1 |
As on November 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 | 1.59 | 1.13 | 0.92 |
As on November 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 | 13.01 | 13.82 | 20.26 |
As on November 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 2.14 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.49 as on November 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%