HDFC Technology Fund
The scheme seeks to provide long-term capital appreciation by investing predominantly in equity and equity related securities of Technology & technology related companies.
Growthvine rating: 3/5 — ranked #39 of 85 in category.
Fund basics
| Category | Equity: Sectoral |
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| NAV | ₹11.09 (as of 2026-10-01) |
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| AUM | ₹1,484 Cr |
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| Expense ratio | 1.82% |
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| Riskometer | Very High |
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| Fund manager | Balakumar Balasubramanian |
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| Exit load | 1% for redemption within 30 days |
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Performance & risk
| Standard deviation | 0.00% |
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| Max drawdown | −31.84% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 84.6% of NIFTY IT's upside and 70.0% of its downside.
Market cap allocation
| Large cap | 53.9% |
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| Mid cap | 20.1% |
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| Small cap | 26.0% |
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Concentration
| Top 5 holdings | 47.5% |
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| Top 10 holdings | 69.6% |
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| Total holdings | 26 |
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Top holdings
- Bharti Airtel Ltd. — 13.1%
- Infosys Ltd — 11.7%
- Tata Consultancy Services Ltd. — 9.9%
- HCL Technologies Ltd — 7.5%
- Mphasis Limited — 5.2%
- Tech Mahindra Limited — 5.0%
- COFORGE LIMITED — 4.8%
- Info Edge(India) Ltd. — 4.5%
- Firstsource Solutions Ltd. — 4.0%
- Eternal Limited — 3.8%
Top sectors
- Software & Services — 60.1%
- Telecom — 16.9%
- Retail — 9.3%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | −19.7% | Q4 (Bottom) | #75 of 76 |
| 2025 | −5.4% | Q4 (Bottom) | #59 of 69 |
| 2024 | 33.2% | Q2 | #16 of 58 |