GMP IPO Watch
HDFC Technology Fund
Direct Plan · Growth Option · HDFC Mutual Fund
Returns
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | -0.70% | -2.89% | 8 of 255 |
| 1M | -7.95% | -5.15% | 240 of 253 |
| 3M | +6.89% | -2.30% | 8 of 251 |
| 6M | +3.31% | +10.83% | 216 of 251 |
| YTD | -19.48% | -0.53% | 253 of 255 |
| 1Y | -12.51% | +2.14% | 218 of 228 |
| 2Y | -11.09% | -1.54% | 173 of 183 |
| 3Y | +5.17% | +11.30% | 124 of 140 |
| INCEPTION | +4.65% | — | — |
Ranked among: Equity Scheme - Sectoral/ Thematic.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +2.58% | +31.76% | -24.50% | 62% | 24% |
| 6M | +2.98% | +37.12% | -24.67% | 57% | 21% |
| 1Y | +6.41% | +48.77% | -25.27% | 45% | 16% |
| 2Y | +4.41% | +20.79% | -11.90% | 54% | 21% |
| 3Y | +5.36% | +6.39% | +4.66% | 100% | 42% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Aug 2026
Asset Allocation
- Equity97.04%
- Debt0.00%
- Cash2.96%
- Other0.00%
Market Cap Split
- Large Cap52.34%
- Mid Cap19.47%
- Small Cap24.04%
- Others4.15%
Fundamentals
| Fund | Category | |
|---|---|---|
| P/E | 24.09 | 27.63 |
| P/B | 4.84 | 5.52 |
| Price / Sales | 2.62 | 3.30 |
| Price / Cash Flow | 15.81 | 18.24 |
| Dividend Yield (%) | 2.42 | 1.74 |
Holdings · Aug 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| Bharti Airtel | Telecom - Services | 13.09% | -1.16% |
| Infosys | IT - Software | 11.74% | +0.03% |
| Tata Consultancy Services | IT - Software | 9.90% | +0.14% |
| HCL Technologies | IT - Software | 7.49% | -0.20% |
| Mphasis | IT - Software | 5.24% | +0.18% |
| Tech Mahindra | IT - Software | 5.00% | -0.07% |
| Coforge | IT - Software | 4.78% | +0.49% |
| Info Edge | Retailing | 4.50% | +0.30% |
| Firstsource Solutions | Commercial Services & Supplies | 4.02% | -0.50% |
| Eternal | Retailing | 3.85% | +0.30% |
| Hexaware Technologies | IT - Software | 3.67% | -0.05% |
| TREPS - Tri-party Repo | Net Current Assets | 3.16% | — |
| Zensar Technologies | IT - Software | 3.14% | -0.33% |
| eClerx Services | Commercial Services & Supplies | 3.07% | +0.21% |
| Sonata Software | IT - Software | 2.66% | -0.28% |
View all 28 holdings
| Sagility | IT - Services | 2.55% | +0.20% |
| Amagi Media Labs | IT - Services | 2.44% | -0.35% |
| PB FinTech | Financial Technology (Fintech) | 1.42% | +0.20% |
| Tata Communications | Telecom - Services | 1.36% | -0.03% |
| Indus Towers | Telecom - Services | 1.27% | -0.01% |
| Shiprocket | Transport Services | 1.19% | — |
| Bharti Hexacom | Telecom - Services | 1.13% | -0.04% |
| Persistent Systems | IT - Software | 1.04% | +0.00% |
| Firstcry (Brainbees Solutions) | Retailing | 0.96% | -0.16% |
| Redington | Commercial Services & Supplies | 0.75% | +0.08% |
| Unicommerce eSolutions | IT - Services | 0.43% | +0.02% |
| PVR Inox | Entertainment | 0.35% | +0.02% |
| Net Current Assets | Net Current Assets | -0.20% | — |
Sector Allocation · Aug 2026
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 17.18 | 26.89 | Low Volatility |
| 3Y | 21.21 | 22.52 | Low Volatility |
What is this?
Risk as measured by standard deviation is a statistical measure that quantifies the amount of variation or dispersion in a set of data points relative to its mean (average).
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.62 | -0.21 | Poor Risk Adjusted Returns |
| 3Y | 0.03 | 0.08 | Poor Risk Adjusted Returns |
What is this?
Higher the value means that fund has been able to give better returns for the amount of risk taken. It helps investors understand the return of an investment compared to its risk, showing whether the returns are due to intelligent investing or simply taking on excess risk. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the standard deviation of returns.
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.81 | -0.27 | Poor Risk Adjusted Returns |
| 3Y | 0.04 | 0.12 | Poor Risk Adjusted Returns |
What is this?
The Sortino Ratio is a financial metric used to measure the risk-adjusted return of an investment. It's a modification of the Sharpe Ratio but with a key difference; it only considers downside risk (the risk of negative returns), rather than total volatility. This means it focuses on how well an investment performs relative to the volatility that leads to losses, ignoring the volatility that results in gains. The idea is that investors are primarily concerned with minimizing losses, and positive volatility is generally seen as a good thing.
Beta
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.78 | 0.77 | Poor Risk Adjusted Returns |
What is this?
This value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Nippon India Taiwan Equity Fund
Regular Plan · IDCW option
|
+118.71% | +60.45% | — | +31.02% |
|
Franklin Asian Equity Fund
Regular Plan · IDCW
|
+32.23% | +21.68% | +6.16% | +4.35% |
|
Nippon India Japan Equity Fund
Regular Plan · Bonus Option
|
+29.12% | +21.80% | +10.22% | +9.10% |
|
Kotak Healthcare Fund
Regular Plan · IDCW Option
|
+26.77% | — | — | +20.37% |
|
HDFC Pharma and Healthcare Fund
Direct Plan · IDCW Option
|
+26.63% | — | — | +30.26% |
|
PGIM India Healthcare Fund
Direct Plan · Direct IDCW
|
+25.69% | — | — | +11.98% |
|
Motilal Oswal Active Momentum Fund
Direct Plan · Growth
|
+25.30% | — | — | +26.60% |
|
HDFC Defence Fund
Regular Plan · IDCW Option
|
+21.46% | +34.62% | — | +37.81% |
|
Mirae Asset Healthcare Fund
Direct Plan · Growth
|
+20.27% | +21.71% | +15.34% | +21.80% |
|
SBI Automotive Opportunities Fund
Direct Plan · IDCW
|
+20.06% | — | — | +10.27% |
More From HDFC Asset Management Company Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
HDFC Silver ETF
Growth Option
|
+50.56% | +44.11% | — | +40.83% |
|
HDFC Silver ETF Fund of Fund
Direct Plan · Growth Option
|
+48.03% | +42.96% | — | +38.71% |
|
HDFC Pharma and Healthcare Fund
Direct Plan · Growth Option
|
+26.63% | — | — | +30.26% |
|
HDFC Gold ETF
Growth Option
|
+25.24% | +35.38% | +24.92% | -15.42% |
|
HDFC Developed World Overseas Equity Passive FOF
Direct plan · Growth
|
+25.09% | +26.84% | — | +17.21% |
|
HDFC Gold ETF Fund of Fund
Direct Plan · Growth Option
|
+24.24% | +35.01% | +24.73% | +10.89% |
|
HDFC Defence Fund
Direct Plan · Growth Option
|
+22.64% | +36.08% | — | +39.33% |
|
HDFC INNOVATION FUND
Direct Plan · IDCW Option
|
+14.51% | — | — | +12.95% |
|
HDFC CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
Direct Plan · Growth Option
|
+7.11% | — | — | +7.12% |
|
HDFC Credit Risk Fund
Direct Plan · IDCW Option
|
+6.89% | +8.13% | +7.07% | +7.97% |
About This Scheme
Investment Objective
To provide long-term capital appreciation by investing predominantly in equity and equity related securities of Technology & technology related companies There is no assurance that the investment objective of the Scheme will be achieved.
Stated Asset Allocation
Equity and Equity related instruments of Technology & technology related companies/entities # : 80%- 100%; Equity and equity related instruments of companies/entities other than above: 0% - 20%; Units of InvITs: 0% - 10%; Money market instruments, Other liquid instruments and Units of Mutual Fund^^: 0% - 20% Gold and Silver instruments: 0% - 20% #Stocks forming part of technology theme include: • IT services, software, consulting, and outsourcing companies • IT products and hardware including computers, electronic components etc • Internet companies and internet enabled services including Fintech, e-retail/e-commerce, technology platforms, IoT (Internet of Things) and other digital service providers • Infrastructure providers and Telecommunications, including networking, wireless, and wire-line services, equipment, software and support • Media and information services, including the distribution of information and content providers • Data and data solutions providers. ^^Units of Domestic Mutual Funds shall only include Overnight Funds, Liquid Funds and Money Market Mutual Funds. Further other liquid instruments shall include cash, bank deposits with Scheduled Commercial Banks, Government Securities, Treasury bills, Repo on Government securities and any other instruments as specified by SEBI from time to time. For detailed asset allocation, refer Scheme Information Document (SID) available on the website.
Exit Load
In respect of each purchase/switch-in of units, an Exit load of 1% is payable if units are redeemed /switched-out within 30 days from the date of allotment. No Exit Load is payable if units are redeemed / switched out after 30 days from the date of allotment.
Fund Managers
FM 1 - Mr. Balakumar B, FM 2 - Mr. Gopal Agrawal, FM 3 - Mr. Bhagyesh Kagalkar
FM 1 - Fund Manager of the scheme, FM 2 - Fund Manager for Overseas Investments, FM 3 - Fund Manager for investments in Gold/Silver instruments
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.