HDFC MNC Fund Direct Growth
NAV as on 17-04-2025
₹ 12.61
▲0.7%
1D
Inception Returns
11.6%
/yr
Historical NAV & Returns
Absolute
▲
▼
499 people have invested ₹ 7.1L in HDFC MNC Fund Direct Growth in the last three months
About HDFC MNC Fund Direct Growth
HDFC MNC Fund Direct Growth is an equity fund. This fund was started on 9 March, 2023. The fund is managed by Rahul Baijal. The fund could potentially beat inflation in the long-run.
Key Parameters
- HDFC MNC Fund Direct Growth has ₹558 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 1.3.
Returns
HDFC MNC Fund Direct Growth has given a CAGR return of 11.56% since inception. Over the last 1 year the fund has given a CAGR return of -2.24%.
Holdings
HDFC MNC Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Consumer Defensive, Health, Consumer Cyclical, Tech, Basic Materials, Financial Services. Its top holdings are United Spirits Ltd, Ambuja Cements Ltd, Hindustan Unilever Ltd, Fortis Healthcare Ltd, HCL Technologies 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 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of HDFC MNC Fund Direct Growth
To provide long-term capital appreciation by investing predominantly in equity and equity related instruments of multinational companies (MNCs).
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. HDFC MNC Fund Direct Growth has no lock in period.
HDFC MNC Fund Direct Growth Overview
| Expense ratio | 1.27% |
Benchmark | NIFTY MNC TR INR |
| AUM | ₹558 Cr |
| Inception Date | 9 March, 2023 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 19.82% |
| STCG | Selling mutual fund 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 (17-Apr-25)
Fund Distribution
as on (31-Mar-25)
Large cap
57.7%
Mid cap
20.1%
Small cap
16.8%
Sector Allocation
Industrial
23%
Consumer Defensive
21.9%
Health
17.2%
Consumer Cyclical
16.3%
Tech
11.8%
Basic Materials
8.6%
Financial Services
1.1%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 6.55% whereas the fund’s underlying benchmark Nifty 500 returns stands at 7.25% as on Mar'25
- This fund underperformed Nifty 500 by 0.70% in Mar'25
- AUM of the fund stands at 558.2 Cr as of Mar'25
- AUM increased by 28.5 Cr between Mar'25 and Feb'25
Top Stocks bought last month
Ambuja Cements Ltd's allocation increased from 7.38% to 8.11%
RHI Magnesita India Ltd's allocation increased from 2.33% to 2.87%
United Spirits Ltd's allocation increased from 7.91% to 8.19%
Top Stocks sold last month
Hindustan Unilever Ltd's allocation decreased from 6.99 % to 6.84 %
HCL Technologies Ltd's allocation decreased from 5.26 % to 5.05 %
Maruti Suzuki India Ltd's allocation decreased from 5.86 % to 4.75 %
Mid Cap allocation has gone up from 19.7% to 20.1%
Large Cap allocation has gone down from 59% to 57.7%
Small Cap allocation has gone up from 16.6% to 16.8%
Cash allocation has gone up from 4.6% to 5.4%
Top 3 Sectors in March were Consumer Defensive, Industrial & Consumer Cyclical
Mar'25
Industrial
23%
Consumer Defensive
22%
Health
17%
Feb'25
Consumer Defensive
22%
Industrial
21%
Consumer Cyclical
18%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 United Spirits Ltd | 8.19% | 0% | |
 Ambuja Cements Ltd | 8.11% | 0% | |
 Hindustan Unilever Ltd | 6.84% | 0% | |
 Fortis Healthcare Ltd | 6.61% | -4.5% | |
 HCL Technologies Ltd | 5.05% | 0% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
HDFC MNC Fund Direct Growth | -2.24% | - | - | 11.56% |
 Sundaram Services Direct Growth | 16.56% | 17.34% | 28.94% | 21.12% |
 ICICI Prudential India Opportunities Fund Direct Growth | 14.33% | 23.45% | 34.46% | 22.9% |
ICICI Prudential Business Cycle Fund Direct Growth | 10.97% | 21.34% | - | 22.75% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 RHI Magnesita India Ltd | 19.3% |
 Ambuja Cements Ltd | 14.4% |
 Fortis Healthcare Ltd | 8% |
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Rahul Baijal
Fund Manager of HDFC MNC Fund Direct Growth, since 9 March 2023
Top funds managed
Fund House
HDFC Asset Management Co Ltd
Total Schemes
Total AUM
₹7.63L Cr
as on 31-Mar-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 MNC 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 11.56% since inception which is more than its category average return of 9.29%
Fund Allocations
This fund has an allocation of 94.62% in Equity, 0% in Debt and 5.38% in Cash related instruments
AUM size ₹558 Cr
This fund has AUM of ₹558 Cr which is less than its category average of ₹ 2172 Cr
Expense Ratio 1.27%
This fund has an expense ratio of 1.27% which is less than its category average expense ratio of 1.35%
More funds from HDFC
5Y CAGR
▲ 34.88
5Y CAGR
▲ 31.77
5Y CAGR
▲ 30.95
5Y CAGR
▲ 28.46
Frequently Asked Questions for HDFC MNC Fund Direct Growth
The current NAV of HDFC MNC Fund Direct Growth is ₹12.61 as on 17-Apr-2025.
Existing (Absolute + CAGR) as on 17-Apr-2025.
HDFC MNC Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.69% | 5.69% |
6 Month Returns | -16.55% | -16.55% |
1 Year Returns | -2.24% | -2.24% |
3 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.
1.27% as on March 2025
₹558 Cr as on March 2025
United Spirits Ltd(8.19%), Ambuja Cements Ltd(8.11%), Hindustan Unilever Ltd(6.84%), Fortis Healthcare Ltd(6.61%), HCL Technologies Ltd(5.05%) as on March 2025
Industrial(21.8%), Consumer Defensive(20.72%), Health(16.3%) as on March 2025
The alpha ratio for the HDFC MNC Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
HDFC MNC Fund Direct Growth | - | - | - |
As on March 2025
The alpha for HDFC MNC Fund Direct Growth is calculated against NIFTY MNC 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 MNC Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
HDFC MNC Fund Direct Growth | - | - | - |
As on March 2025
The Beta for HDFC MNC Fund Direct Growth is calculated with NIFTY MNC 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 MNC Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
HDFC MNC Fund Direct Growth | -0.27 | - | - |
As on March 2025
The sharpe ratio for HDFC MNC Fund Direct Growth is calculated with NIFTY MNC 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 MNC Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
HDFC MNC Fund Direct Growth | 19.74 | - | - |
As on March 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.
Rahul Baijal is the fund manager of HDFC MNC Fund Direct Growth
The Exit load of HDFC MNC Fund Direct Growth is 1%