HDFC MNC Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 06-01-2025
₹ 13.9
▲0.1%
1D
Inception Returns
20.9%
/yr
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 ₹633 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 1.2.
Returns
HDFC MNC Fund Direct Growth has given a CAGR return of 20.86% since inception. Over the last 1 year the fund has given a CAGR return of 11.69%.
Holdings
HDFC MNC Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Consumer Defensive, Consumer Cyclical, Health, Basic Materials, Tech, Financial Services. Its top holdings are United Spirits Ltd, Siemens Ltd, Hindustan Unilever Ltd, Fortis Healthcare 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 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.
Historical NAV & Returns
HDFC MNC Fund Direct Growth Overview
| Expense ratio | 1.23% |
Benchmark | NIFTY MNC TR INR |
| AUM | ₹633 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 (06-Jan-25)
Fund Distribution
as on (30-Nov-24)
- This fund’s returns stands at -0.70% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund underperformed Nifty 500 by 0.10% in Nov'24
- AUM of the fund stands at 633.6 Cr as of Nov'24
- AUM decreased by 52.4 Cr between Nov'24 and Oct'24
Top 3 Sectors in November were Industrial, Consumer Defensive & Consumer Cyclical
Top Growth Drivers | 1M Return |
|---|---|
 United Spirits Ltd | 10.3% |
 JNK India Ltd | 6.4% |
 Fortis Healthcare Ltd | 3% |
HDFC MNC Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹633 Cr
Expense Ratio 1.23%
Frequently Asked Questions for HDFC MNC Fund Direct Growth
HDFC MNC Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -2.1% | -2.1% |
6 Month Returns | -5.35% | -5.35% |
1 Year Returns | 11.69% | 11.69% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
HDFC MNC Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
HDFC MNC Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
HDFC MNC Fund Direct Growth | 0.25 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
HDFC MNC Fund Direct Growth | 13.93 | - | - |