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HDFC Technology Fund - Growth Option is an equity scheme managed by HDFC Mutual Fund. It has ranked in the top half of its category for 1 of the last 2 reported years. Risk-adjusted return (Sharpe ratio) is 0.00. The total expense ratio is 2.16% on assets of ₹1,328Cr. The fund is currently managed by Mr. Balakumar B, appointed within the last year.
Lower is better.
This scheme classifies as Large-Blend on the 3x3 equity style box, with 87% of its portfolio classified as of 2026-04-30.
| Holding | Sector |
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| Window | Min | P25 | Median |
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Point-in-time CAGRs cherry-pick a single start date. The chart below shows the distribution of every possible rolling start over the fund's history, so you see the range of investor outcomes — not just one date's number.
Backtested SIP outcomes across both rolling-window scenarios and named historical stress events (COVID, Election uncertainty, Russia/Ukraine, etc.), plus per-manager alpha during their tenure on this scheme.
Same fund, monthly SIPs over rolling 1/3/5-year windows.
| Scheme | AMC | AUM | TER | 3Y |
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Mutual fund investments are subject to market risks. Read all scheme-related documents carefully. Past performance is not indicative of future results. MintByte is an AMFI-registered Mutual Fund Distributor (ARN-314872) and APMI member (APRN-01658). MintByte does not issue buy/sell recommendations on specific securities — the site is an educational data and analytics platform. Star ratings on this page reflect a 3-year category-quartile position computed in-house and are educational only.
Mutual fund schemes are subject to market risk. Read all scheme-related documents carefully before investing. Past performance is not indicative of future results. MintByte is an AMFI-registered mutual fund distributor (ARN-314872). MintByte does not issue buy/sell recommendations on specific securities — the site is an educational data and analytics platform. Not investment advice. Methodology · How we earn.
In-house derivations using 3-year daily NAV vs benchmark. See methodology.
| Weight |
|---|
| Bharti Airtel Ltd. | Communication Services | 15.22% |
| Infosys Limited | Technology | 13.67% |
| Tata Consultancy Services Ltd. | Technology | 11.40% |
| HCL Technologies Ltd. | Technology | 7.64% |
| MphasiS Limited. | Technology | 5.49% |
| Tech Mahindra Ltd. | Technology | 5.05% |
| Zensar Technologies Ltd. | Technology | 3.92% |
| INFO EDGE (INDIA) LIMITED | Communication Services | 3.72% |
| Coforge Limited | Technology | 3.39% |
| Firstsource Solutions Ltd. | Technology | 3.35% |
| Eternal Limited | Consumer Cyclical | 3.24% |
| Hexaware Technologies Ltd. | Technology | 3.05% |
| Sonata Software Ltd. | Technology | 2.59% |
| Sagility Limited | Healthcare | 2.53% |
| Amagi Media Labs Limited | Technology | 2.13% |
| Wipro Ltd. | Technology | 1.52% |
| Tata Communications Limited | Communication Services | 1.43% |
| Indus Towers Limited | Communication Services | 1.42% |
| Brainbees Solutions Limited (FirstCry) | Consumer Cyclical | 1.41% |
| Bharti Hexacom Limited | Communication Services | 1.23% |
| PB Fintech Limited | Financial Services | 1.15% |
| eClerx Services Limited | Technology | 1.11% |
| Persistent Systems Limited | Technology | 1.00% |
| Birlasoft Limited | Technology | 0.68% |
| Redington Ltd. | Industrials | 0.50% |
| Sector | Holdings | Weight |
|---|---|---|
| IT - Software | 12 | 59.40% |
| Telecom - Services | 4 | 19.30% |
| Retailing | 3 | 8.37% |
| IT - Services | 4 | 5.24% |
| Commercial Services & Supplies | 3 | 4.96% |
| Financial Technology (Fintech) | 1 | 1.15% |
| Entertainment | 1 | 0.35% |
Active bets vs the average Equity fund. Biggest deviations shown first.
Accent bar = fund's actual sector weight. Vertical black tick = category average for the same sector. Green overlay = overweight, dashed red = underweight. The biggest active bets show first.
How crowded into the same stocks is this fund vs the largest fund in its category?
Category leader = highest-AUM scheme in the same SEBI category. A high overlap-of-weight number means the fund is concentrated into the same names as the leader (crowded); a low one means it's genuinely differentiated.
| P75 |
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| Max |
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| Positive % |
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| 1Y | -21.91% | -7.39% | -0.20% | 21.38% | 47.22% | 49.8% |
Each cell is one year. Q1 = top quartile within the AMFI category for that period. Cell label is the last two digits of the year.
Top-10 weight 72.8% means the manager bets the fund's outcome on a small basket. Effective-N is the inverse Herfindahl index — a measure of "how many positions effectively drive the fund" after weighting. Category: Equity.
Compounding maths on a notional ₹10 lakh lumpsum at 12% gross annual return. Green bar is what you'd have without the fee; red overlay is the fee drag. Fee is constant in this scenario — actual outcomes depend on real returns and any future TER changes.
Each row is a back-tested SIP — monthly contribution over the regime's duration, no fees adjustment beyond NAV-baked TER. XIRR is the annualised IRR of those cashflows; Abs return is the absolute cash-on-cash; Max DD is the deepest drawdown experienced mid-investment. Past performance is not indicative of future results.
Alpha is the annualised excess return vs benchmark over the manager's tenure on this scheme. Beat-benchmark = total return beat the index over the same window.
| 5Y |
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| Star |
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