HDFC Top 100 Fund Direct Growth is a large-cap mutual fund scheme from HDFC Mutual Fund. HDFC Mutual Fund House is one of the largest and most respected mutual fund houses in India. The total Assets under Management (AuM) of the fund house is ₹5,29,047 Cr. HDFC Mutual Fund House is known for its disciplined investment approach and its focus on risk management.
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The HDFC Top 100 Fund Direct Plan-Growth is a prominent Large Cap mutual fund scheme offered by HDFC Mutual Fund. Since its inception on January 1, 2013, the fund has been operational for 10 years and 9 months, with ₹26,391 Crores assets under management (AUM) as of September 30, 2023. This positions it as a medium-sized fund within its category.
The HDFC Top 100 Fund Direct Plan-Growth has demonstrated strong performance, yielding returns of 14.79% over the last year. This solid track record highlights the fund's potential as a viable investment option for those looking to tap into the growth opportunities offered by Large Cap stocks.
Highlights of the HDFC Top 100 Fund Direct Growth:
The HDFC Top 100 Fund Direct Plan-Growth scheme stands out in its category for its consistent delivery of returns and its robust ability to mitigate losses during market downturns.
The fund predominantly allocates its assets across the Financial, Energy, Technology, Consumer Staples, and Healthcare sectors. Its exposure to the Financial and Energy sectors is comparatively lower than other funds in its category.
The top five holdings of the fund are prestigious names in the Indian corporate world, including ICICI Bank Ltd., HDFC Bank Ltd., Reliance Industries Ltd., ITC Ltd., and National Thermal Power Corp. Ltd. These holdings reflect the fund's commitment to investing in high-quality assets.
Fund House | HDFC Mutual Fund |
Date of Incorporation | Jan 01, 2013 |
Total AUM | ₹26,391 Crs |
Fund Benchmark | NIFTY 100 TRI |
NAV of the Fund | ₹893.69 |
Min. SIP Investment | SIP ₹100 |
Expense Ratio | 1.11% |
Returns since inception | 13.41% |
Risk Level | Very High |
Investment Objective | The scheme seeks to provide long-term capital appreciation/income by investing predominantly in Large-Cap companies. |
Top Fund Managers | Dhruv Muchhal Rahul Baijal |
As on 25th October 2023 | 1 Year | 3 Years | 5 Years | 10 Years |
Trailing Returns | 16.1% | 24.3% | 15.0% | 13.5% |
Category Average | 9.6% | 18.2% | 14.0% | - |
The top 10 holdings of the HDFC Top 100 Fund Direct Growth fund are:
Top Holdings | Asset |
ICICI Bank Ltd. | 9.46% |
HDFC Bank Ltd. | 9.18% |
Reliance Industries Ltd. | 6.20% |
ITC Ltd. | 5.34% |
NTPC Ltd. | 5.09% |
Infosys Ltd. | 5.07% |
Axis Bank Ltd. | 4.60% |
Larsen & Toubro Ltd. | 4.01% |
Bharti Airtel Ltd. | 3.83% |
State Bank of India | 3.35% |
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
The equity sector allocation of the HDFC Top 100 Fund Direct Growth fund is as follows:
Sector | Weightage (%) |
Financial | 36.42 % |
Energy | 12.18 % |
Technology | 9.39 % |
Consumer Staples | 8.32 % |
Healthcare | 6.63 % |
Automobile | 4.69 % |
Materials | 4.4 % |
Construction | 4.01 % |
Communication | 3.83 % |
Capital Goods | 2.26 % |
Consumer Discretionary | 1.24 % |
Diversified | 1.18 % |
Insurance | 1.02 % |
Metals & Mining | 0.87 % |
Services | 0.37 % |
Category | Percentage/Details |
---|---|
Expense Ratio | 1.11% |
Exit Load | Exit load of 1% (redeemed within 1 year) |
Stamp Duty | 0.005% (from July 1st, 2020) |
If you redeem your investment before one year, the returns will be subject to a 15% tax. However, if you hold it for over a year, you'll need to pay a 10% Long-Term Capital Gains (LTCG) tax on returns exceeding Rs 1 lakh in a financial year.
*All savings are provided by the insurer as per the IRDAI approved insurance
plan.
*Tax benefit is subject to changes in tax laws. Standard T&C Apply
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
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^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.