April 27, 2024
mayank
HDFC NIFTY200 Momentum 30 Index Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 10.7887
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns of fixed income options. But be prepared for ups and downs in your investment value along the way.
This is a fund that invests in big companies. Compared to those that invest in smaller companies, such funds tend to fall less when stock prices fall. Therefore, they are more suited to conservative equity investors.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to generate returns that are commensurate (before fees and expenses) with the performance of the NIFTY200 Momentum 30 Index (TRI), subject to tracking error.
Fund Manager:
1) Nirman S. Morakhia
Education: Mr. Morakhia has done BMS and MBA – Financial Markets
Experience: Prior to joining HDFC Mutual Fund, he has worked with Mirae Asset Global Investment Management India Pvt. Ltd.
2) Arun Agarwal
Education: Mr. Agarwal is a B.Com. and Chartered Accountant
Experience: Prior to joining HDFC Asset Management Company Limited, he has worked with SBI Funds Management Pvt. Ltd., ICICI Bank Limited, UTI Asset Management Pvt. Ltd.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details
| Fund House | HDFC Mutual Fund |
| Launch Date | 28-Feb-24 |
| Return Since Launch | 7.89% |
| Benchmark | Nifty 200 Momentum 30 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 441 Cr |
| (As on 31-Mar-2024) | |
| Expense | 0.40% |
| (As on 31-Mar-2024) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| HDFC NIFTY200 Momentum 30 Index Dir | — | 0.60 | 5.62 | — | — | — | — | — | — | — |
| S&P BSE 100 TRI | — | -0.44 | 2.58 | — | — | — | — | — | — | — |
| Equity: Large Cap | — | -0.23 | 3.39 | — | — | — | — | — | — | — |
| Rank within category | — | 17 | 18 | — | — | — | — | — | — | — |
| Number of funds in category | 97 | 102 | 102 | 97 | 96 | 92 | 64 | 54 | 43 | 43 |
Peer Comparison of HDFC NIFTY200 Momentum 30 Index Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| HDFC NIFTY200 Momentum 30 Index Dir | Unrated | — | — | — | 0.40 | 441 | 7.89 | — | 1M | — |
| UTI Nifty200 Momentum 30 Index Dir | 4 star | 70.20 | 27.00 | — | 0.46 | 4,849 | 28.79 | — | 3Y 1M | — |
| DSP Nifty 50 Equal Weight Index Dir | 4 star | 39.78 | 21.83 | 17.57 | 0.38 | 1,195 | 13.88 | — | 6Y 6M | 28.00 |
| UTI Nifty 50 Index Dir | 3 star | 27.00 | 16.73 | 14.79 | 0.21 | 16,199 | 13.30 | — | 11Y 3M | 6.00 |
| HDFC Index Nifty 50 Dir | 3 star | 26.98 | 16.69 | 14.69 | 0.20 | 12,764 | 13.43 | 0.25 (3) | 11Y 3M | 8.06 |
Portfolio Analysis of HDFC NIFTY200 Momentum 30 Index Fund
| No. of Stocks | 30 |
| Top 10 Stocks | 51.56% |
| Top 5 Stocks | 28.12% |
| Top 3 Sectors | 56.20% |
| Portfolio P/B Ratio | 4.02 |
| Portfolio P/E Ratio | 21.94 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,35,894 | 3,47,164 |
| Giant (%) | 35.62 | 67.76 |
| Large (%) | 49.29 | 27.30 |
| Mid (%) | 15.09 | 7.83 |
| Small (%) | — | 2.49 |
| Tiny (%) | — | — |
How to Invest in HDFC NIFTY200 Momentum 30 Index Fund?
Chanakya’s Mutual Fund Guidance For HDFC NIFTY200 Momentum 30 Index Fund
Do not invest in this, or any other large-cap fund, if you need to redeem your investment in less than five years.
Apply Online: https://investor-web.hdfcfund.com/
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Quicklinks
https://sahifund.com/bandhan-nifty200-momentum-30-index-fund/