HDFC MNC Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 05-03-2025
₹ 12.14
1D
Inception Returns
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 ₹586 Cr worth of assets under management (AUM) as on Jan 2025 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 9.04% since inception. Over the last 1 year the fund has given a CAGR return of -6.07%.
Holdings
HDFC MNC Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Consumer Defensive, Consumer Cyclical, Health, Tech, Basic Materials, Financial Services. Its top holdings are United Spirits Ltd, Hindustan Unilever Ltd, Ambuja Cements Ltd, Fortis Healthcare Ltd, Maruti Suzuki India 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.
Historical NAV & Returns
Absolute
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607 people have invested ₹ 6.8L in HDFC MNC Fund Direct Growth in the last three months
HDFC MNC Fund Direct Growth Overview
| Expense ratio | 1.24% |
Benchmark | NIFTY MNC TR INR |
| AUM | ₹586 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 (05-Mar-25)
Fund Distribution
as on (31-Jan-25)
Large cap
56.4%
Small cap
19.3%
Mid cap
14.8%
Sector Allocation
Industrial
26.5%
Consumer Defensive
22.7%
Consumer Cyclical
16.1%
Health
13.4%
Tech
12.4%
Basic Materials
7.8%
Financial Services
1.2%
All changes are between Nov'24 and Jan'25
- AUM of the fund stands at 619 Cr as of Jan'25
- AUM decreased by 13.9 Cr between Jan'25 and Dec'24
Top Stocks bought last month
Hindustan Unilever Ltd's allocation increased from 5.23% to 7.12%
Maruti Suzuki India Ltd's allocation increased from 3.68% to 5.46%
Hyundai Motor India Ltd's allocation increased from 1.4% to 2.52%
Top Stocks sold last month
United Spirits Ltd's allocation decreased from 8.56 % to 7.92 %
Fortis Healthcare Ltd's allocation decreased from 6.68 % to 6.04 %
Cummins India Ltd's allocation decreased from 4.17 % to 3.92 %
Small Cap allocation has gone down from 25.8% to 19.3%
Mid Cap allocation has gone down from 23.7% to 14.8%
Large Cap allocation has gone up from 40.4% to 56.4%
Cash allocation has gone up from 8.8% to 9.4%
Top 3 Sectors in January were Industrial, Consumer Defensive & Consumer Cyclical
Jan'25
Industrial
26%
Consumer Defensive
23%
Consumer Cyclical
16%
Dec'24
Industrial
35%
Consumer Defensive
22%
Consumer Cyclical
18%
Top Growth Drivers | 1M Return |
|---|---|
 Abbott India Ltd | 19.4% |
 Gland Pharma Ltd | 5.5% |
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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
₹7.12L Cr
as on 31-Jan-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 9.04% since inception which is more than its category average return of 5.45%
Fund Allocations
This fund has an allocation of 90.59% in Equity, 0% in Debt and 9.41% in Cash related instruments
AUM size ₹586 Cr
This fund has AUM of ₹586 Cr which is less than its category average of ₹ 2217 Cr
Expense Ratio 1.24%
This fund has an expense ratio of 1.24% which is less than its category average expense ratio of 1.28%
Frequently Asked Questions for HDFC MNC Fund Direct Growth
The current NAV of HDFC MNC Fund Direct Growth is ₹12.14 as on 05-Mar-2025.
Existing (Absolute + CAGR) as on 05-Mar-2025.
HDFC MNC Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -9.09% | -9.09% |
6 Month Returns | -21.37% | -21.37% |
1 Year Returns | -6.07% | -6.07% |
3 Years Returns | 0% | 0% |
5 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.
1.24% as on February 2025
₹586 Cr as on February 2025
United Spirits Ltd(7.92%), Hindustan Unilever Ltd(7.12%), Ambuja Cements Ltd(7.07%), Fortis Healthcare Ltd(6.04%), Maruti Suzuki India Ltd(5.46%) as on February 2025
Industrial(24%), Consumer Defensive(20.59%), Consumer Cyclical(14.59%) as on February 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 February 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 February 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 | -0.65 | - | - |
As on February 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 | 18.45 | - | - |
As on February 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%