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HDFC Technology Fund - Growth Option - Direct Plan is an equity scheme managed by HDFC Mutual Fund. The total expense ratio is 1.03% 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 86% of its portfolio classified as of 2026-05-29.
| Holding | Sector |
|---|
| Window | Min | P25 | Median |
|---|
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.
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 LIMITED | Communication Services | 15.22% |
| INFOSYS LIMITED | Technology | 13.67% |
| TATA CONSULTANCY SERVICES LIMITED | Technology | 11.40% |
| HCL TECHNOLOGIES LIMITED | Technology | 7.64% |
| MPHASIS LIMITED | Technology | 5.49% |
| TECH MAHINDRA LIMITED | Technology | 5.05% |
| ZENSAR TECHNOLOGIES LIMITED | Technology | 3.92% |
| FIRSTSOURCE SOLUTIONS LIMITED | Technology | 3.35% |
| HEXAWARE TECHNOLOGIES LIMITED | Technology | 3.05% |
| SONATA SOFTWARE LIMITED | Technology | 2.59% |
| SAGILITY INDIA PRIVATE LIMITED | Healthcare | 2.53% |
| AMAGI MEDIA LABS PRIVATE LIMITED | Technology | 2.13% |
| WIPRO LIMITED | Technology | 1.52% |
| TATA COMMUNICATIONS LIMITED | Communication Services | 1.43% |
| INDUS TOWERS LIMITED | Communication Services | 1.42% |
| BRAINBEES SOLUTIONS PRIVATE LIMITED | 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 Ltd | Technology | 1.00% |
| BIRLASOFT LIMITED | Technology | 0.68% |
| UNICOMMERCE ESOLUTIONS LIMITED | Technology | 0.50% |
| REDINGTON LIMITED | Industrials | 0.50% |
| CYIENT LIMITED | Industrials | 0.08% |
| Sector | Holdings | Weight |
|---|---|---|
| Information Technology | — | 64.64% |
| Telecommunication | — | 19.30% |
| Consumer Services | — | 8.37% |
| Services | — | 4.96% |
| Financial Services | 1 | 1.15% |
| Media, Entertainment & Publication | — | 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.
| P75 |
|---|
| Max |
|---|
| Positive % |
|---|
| 1Y | -20.98% | -6.24% | 1.32% | 22.88% | 49.04% | 51.4% |
Top-10 weight 71.4% 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.
What an investor SIPping into this fund actually got during named market shocks.
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.