HDFC NIFTY Midcap 150 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV as on 19-11-2024
₹ 17.26
▲1%
1D
Inception Returns
41.2%
/yr
About HDFC NIFTY Midcap 150 Index Fund Direct Growth
HDFC NIFTY Midcap 150 Index Fund Direct Growth is an equity fund. This fund was started on 21 April, 2023. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- HDFC NIFTY Midcap 150 Index Fund Direct Growth has ₹246 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
HDFC NIFTY Midcap 150 Index Fund Direct Growth has given a CAGR return of 41.17% since inception. Over the last 1 year the fund has given a CAGR return of 29.99%.
Holdings
HDFC NIFTY Midcap 150 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Basic Materials, Consumer Cyclical, Health, Tech, Consumer Defensive, Real Estate, Communication, Energy, Utilities. Its top holdings are Suzlon Energy Ltd, Max Healthcare Institute Ltd Ordinary Shares, BSE Ltd, Indian Hotels Co Ltd, Persistent Systems Ltd
Taxation
As it is a index funds 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 NIFTY Midcap 150 Index Fund Direct Growth
To generate returns that are commensurate (before fees and expenses) with the performance of the NIFTY Midcap 150 Index, subject to tracking error.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. HDFC NIFTY Midcap 150 Index Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
6608 people have invested ₹ 2.1Cr in HDFC NIFTY Midcap 150 Index Fund Direct Growth in the last three months
HDFC NIFTY Midcap 150 Index Fund Direct Growth Overview
| Expense ratio | 0.3% |
Benchmark | IISL Nifty Midcap 150 TR INR |
| AUM | ₹246 Cr |
| Inception Date | 21 April, 2023 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 39.11% |
| 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 |
Fund Distribution
as on (31-Oct-24)
Mid cap
94.5%
Small cap
3.9%
Large cap
1.5%
Sector Allocation
Industrial
19.8%
Financial Services
19.6%
Basic Materials
12.3%
Consumer Cyclical
12.1%
Health
11%
Tech
9.9%
Consumer Defensive
4.2%
Real Estate
3.4%
Communication
2.9%
Energy
2.7%
Utilities
2.1%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -6.45% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at -6.17% as on Oct'24
- This fund underperformed Nifty Midcap 150 by 0.28% in Oct'24
- AUM of the fund stands at 241.2 Cr as of Oct'24
- AUM has remained same between Oct'24 and Sep'24
Top Stocks bought last month
BSE Ltd's allocation increased from 1.41% to 1.81%
IDFC First Bank Ltd's allocation increased from 0.95% to 1.3%
Coforge Ltd's allocation increased from 1.32% to 1.52%
Top Stocks sold last month
Suzlon Energy Ltd's allocation decreased from 2.68 % to 2.38 %
Cummins India Ltd's allocation decreased from 1.46 % to 1.42 %
CG Power & Industrial Solutions Ltd's allocation decreased from 1.37 % to 1.35 %
Mid Cap allocation has gone down from 94.9% to 94.5%
Large Cap allocation has gone up from 1.4% to 1.5%
Small Cap allocation has gone up from 3.9% to 3.9%
Cash allocation has gone up from -0.2% to 0.1%
Top 3 Sectors in October were Industrial, Financial Services & Basic Materials
Oct'24
Industrial
20%
Financial Services
20%
Basic Materials
12%
Sep'24
Industrial
21%
Financial Services
19%
Basic Materials
12%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Coforge Ltd | 18.9% |
 BSE Ltd | 9.1% |
 Max Healthcare Institute Ltd | 4.9% |
Loading...
We are taking more time than usual
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
HDFC NIFTY Midcap 150 Index 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 41.17% since inception which is more than its category average return of 14.08%
Fund Allocations
This fund has an allocation of 99.95% in Equity, 0% in Debt and 0.05% in Cash related instruments
AUM size ₹246 Cr
This fund has AUM of ₹246 Cr which is less than its category average of ₹ 826 Cr
Expense Ratio 0.3%
This fund has an expense ratio of 0.3% which is less than its category average expense ratio of 0.55%
Frequently Asked Questions for HDFC NIFTY Midcap 150 Index Fund Direct Growth
The current NAV of HDFC NIFTY Midcap 150 Index Fund Direct Growth is ₹17.26 as on 19-Nov-2024.
Existing (Absolute + CAGR) as on 19-Nov-2024.
HDFC NIFTY Midcap 150 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -6.85% | -6.85% |
6 Month Returns | 5.36% | 5.36% |
1 Year Returns | 29.99% | 29.99% |
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.
0.3% as on October 2024
₹246 Cr as on October 2024
Suzlon Energy Ltd(2.38%), Max Healthcare Institute Ltd Ordinary Shares(2.26%), BSE Ltd(1.81%), Indian Hotels Co Ltd(1.78%), Persistent Systems Ltd(1.71%) as on October 2024
Industrial(19.77%), Financial Services(19.59%), Basic Materials(12.26%) as on October 2024
The alpha ratio for the HDFC NIFTY Midcap 150 Index Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
HDFC NIFTY Midcap 150 Index Fund Direct Growth | -0.52 | - | - |
As on October 2024
The alpha for HDFC NIFTY Midcap 150 Index Fund Direct Growth is calculated against IISL Nifty Midcap 150 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 NIFTY Midcap 150 Index Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
HDFC NIFTY Midcap 150 Index Fund Direct Growth | 1 | - | - |
As on October 2024
The Beta for HDFC NIFTY Midcap 150 Index Fund Direct Growth is calculated with IISL Nifty Midcap 150 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 NIFTY Midcap 150 Index Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
HDFC NIFTY Midcap 150 Index Fund Direct Growth | 1.98 | - | - |
As on October 2024
The sharpe ratio for HDFC NIFTY Midcap 150 Index Fund Direct Growth is calculated with IISL Nifty Midcap 150 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 NIFTY Midcap 150 Index Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
HDFC NIFTY Midcap 150 Index Fund Direct Growth | 15.52 | - | - |
As on October 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.
The Exit load of HDFC NIFTY Midcap 150 Index Fund Direct Growth is 0%