HDFC Nifty IT ETF Fund Direct Growth
Equity
Direct
Sector - Technology
NAV as on 05-03-2025
₹ 39.5
1D
Inception Returns
389.1%
/yr
About HDFC Nifty IT ETF Fund Direct Growth
HDFC Nifty IT ETF Fund Direct Growth is an equity fund. This fund was started on 14 November, 2022. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- HDFC Nifty IT ETF Fund Direct Growth has ₹79 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
- The fund has an expense ratio 0.2.
Returns
HDFC Nifty IT ETF Fund Direct Growth has given a CAGR return of 389.15% since inception. Over the last 1 year the fund has given a CAGR return of 1.84%.
Holdings
HDFC Nifty IT ETF Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech. Its top holdings are Infosys Ltd, Tata Consultancy Services Ltd, HCL Technologies Ltd, Tech Mahindra Ltd, Wipro Ltd
Taxation
As it is a sector - technology 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 Nifty IT ETF Fund Direct Growth
The investment objective of the Scheme is to provide investment returns that, before expenses, correspond to the total returns of the Securities as represented by the NIFTY IT Index, subject to tracking errors.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. HDFC Nifty IT ETF Fund Direct Growth has no lock in period.
Historical NAV & Returns
HDFC Nifty IT ETF Fund Direct Growth Overview
| Expense ratio | 0.2% |
Benchmark | S&P BSE IT |
| AUM | ₹79 Cr |
| Inception Date | 14 November, 2022 |
| Min Lumpsum/SIP | --/-- |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 264.59% |
| 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)
- AUM of the fund stands at 79.3 Cr as of Jan'25
- AUM decreased by 0.6 Cr between Jan'25 and Dec'24
Top Sector in January was Tech
Top Losers | 1M Return |
|---|---|
 LTIMindtree Ltd | -18.1% |
 Tata Consultancy Services Ltd | -15% |
 Infosys Ltd | -10% |
HDFC Nifty IT ETF Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹79 Cr
Expense Ratio 0.2%
Frequently Asked Questions for HDFC Nifty IT ETF Fund Direct Growth
HDFC Nifty IT ETF Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -13.04% | -13.04% |
6 Month Returns | -11.3% | -11.3% |
1 Year Returns | 1.84% | 1.84% |
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 Nifty IT ETF Fund Direct Growth | -0.31 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
HDFC Nifty IT ETF Fund Direct Growth | 1 | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
HDFC Nifty IT ETF Fund Direct Growth | -0.11 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
HDFC Nifty IT ETF Fund Direct Growth | 26.18 | - | - |