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 87 in category.
Fund basics
| Category | Equity: Sectoral |
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| NAV | ₹12.09 (as of 2026-10-23) |
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| AUM | ₹1,371 Cr |
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| Expense ratio | 1.84% |
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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 | 21.19% |
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| Max drawdown | −31.84% |
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| Alpha | 5.61 |
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| Beta | 0.84 |
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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 | 52.8% |
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| Mid cap | 19.0% |
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| Small cap | 28.2% |
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Concentration
| Top 5 holdings | 46.8% |
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| Top 10 holdings | 69.2% |
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| Total holdings | 27 |
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Top holdings
- Bharti Airtel Ltd. — 13.7%
- Infosys Ltd — 11.1%
- Tata Consultancy Services Ltd. — 9.2%
- HCL Technologies Ltd — 7.6%
- Tech Mahindra Limited — 5.1%
- Mphasis Limited — 5.0%
- Info Edge(India) Ltd. — 4.6%
- COFORGE LIMITED — 4.6%
- Firstsource Solutions Ltd. — 4.3%
- Eternal Limited — 3.9%
Top sectors
- Software & Services — 58.4%
- Telecom — 17.6%
- Retail — 9.6%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −12.5% | Q4 (Bottom) | #73 of 76 |
| 2025 | −5.4% | Q4 (Bottom) | #59 of 69 |
| 2024 | 33.2% | Q2 | #16 of 58 |