HDFC Technology Fund
- NAV as on 24 Sep 2026
- ₹11.17-1.94%1 day
- Return since launch
- 4.3%
- 52-week range
- ₹10.41 — ₹14.22
- AUM
- ₹1,484 Cr
HDFC Technology Fund is a Sectoral-Technology equity fund from HDFC Mutual Fund with ₹1,484 Cr under management, launched in 2023. Over three years it has returned -6.0% a year, against 2.2% for its category. The expense ratio is 2.15% and the SEBI riskometer reading is Very High.
Performance
HDFC Technology Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -15.1% against -11.8% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -13.8% | −4.0 pts | -9.8% | -10.3% |
| 2Y | -12.9% | −3.0 pts | -9.9% | -10.9% |
| 3Y | -6.0% | −8.2 pts | 2.2% | -6.0% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -6.8% | −1.3 pts | -5.5% | -6.3% |
| 3M | 4.8% | −0.6 pts | 5.4% | 5.5% |
| 6M | 2.4% | −5.1 pts | 7.5% | 4.5% |
| 1Y | -15.1% | −5.4 pts | -9.8% | -11.8% |
| 2Y | -12.0% | −1.1 pts | -10.9% | -11.9% |
| 3Y | 3.8% | +1.5 pts | 2.2% | 1.5% |
Since launch (25 Aug 2023): 4.3%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | -5.4% | −0.3 pts | -5.2% |
| 2024 | 32.9% | +5.6 pts | 27.3% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.16%
Expense ratio as on 16 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.83%
- Brokerage
- 0.01%
- Transaction charges
- 0.00%
- Statutory levies
- 0.32%
- Exit load
- Exit load of 1%, if redeemed within 30 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- BSE Teck TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
Portfolio
HDFC Technology Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity97.0%
- Other3.0%
Market cap split
- Large53.9%
- Mid20.1%
- Small26.0%
- P/E
- 25.41
- P/B
- 4.53
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Bharti Airtel Ltd. | Communication | 13.09% | ₹194 Cr | +14.69% | +14.72% | +12.69% |
| Infosys Ltd. | Technology | 11.74% | ₹174 Cr | +13.37% | +14.60% | +14.37% |
| Tata Consultancy Services Ltd. | Technology | 9.90% | ₹147 Cr | +10.36% | +11.84% | +10.70% |
| HCL Technologies Ltd. | Technology | 7.49% | ₹111 Cr | +7.51% | +8.63% | +7.78% |
| Mphasis Ltd. | Technology | 5.24% | ₹77.74 Cr | +5.45% | +5.39% | +4.47% |
| Tech Mahindra Ltd. | Technology | 5.00% | ₹74.19 Cr | +5.07% | +4.54% | +4.37% |
| Coforge Ltd. | Technology | 4.78% | ₹70.98 Cr | +4.01% | +1.84% | +3.07% |
| Info Edge (India) Ltd. | Services | 4.50% | ₹66.70 Cr | +3.79% | +3.81% | +3.71% |
| Firstsource Solutions Ltd. | Services | 4.02% | ₹59.69 Cr | +4.12% | +3.26% | +3.89% |
| Eternal Ltd. | Services | 3.85% | ₹57.08 Cr | +3.27% | +3.14% | +3.87% |
| Hexaware Technologies Ltd. | Technology | 3.67% | ₹54.48 Cr | +3.62% | +2.23% | +1.53% |
| Zensar Technologies Ltd. | Technology | 3.14% | ₹46.60 Cr | +3.75% | +4.19% | +3.45% |
| eClerx Services Ltd. | Services | 3.07% | ₹45.61 Cr | +1.26% | +1.20% | +2.57% |
| Others | Others | 2.96% | ₹43.65 Cr | -0.22% | +2.28% | -0.38% |
| Sonata Software Ltd. | Technology | 2.66% | ₹39.45 Cr | +2.68% | +2.66% | +3.13% |
| Sagility Ltd. | Services | 2.55% | ₹37.85 Cr | +2.47% | +2.33% | +0.91% |
| Amagi Media Labs Ltd. | Technology | 2.44% | ₹36.14 Cr | +2.06% | +1.93% | — |
| PB Fintech Ltd. | Services | 1.42% | ₹21.11 Cr | +1.17% | +1.00% | +1.15% |
| Tata Communications Ltd. | Communication | 1.36% | ₹20.21 Cr | +1.77% | +1.41% | +1.27% |
| Indus Towers Ltd. | Communication | 1.27% | ₹18.88 Cr | +1.61% | +1.54% | +1.03% |
| company:20795 | Technology | 1.19% | ₹17.64 Cr | — | — | — |
| Bharti Hexacom Ltd. | Communication | 1.13% | ₹16.71 Cr | +1.21% | +1.57% | +2.85% |
| Persistent Systems Ltd. | Technology | 1.04% | ₹15.50 Cr | +1.08% | +0.14% | — |
| Brainbees Solutions Ltd. | Consumer Discretionary | 0.96% | ₹14.26 Cr | +1.32% | +1.25% | +1.44% |
| Redington Ltd. | Services | 0.75% | ₹11.08 Cr | +0.52% | +1.40% | +1.16% |
| Unicommerce ESolutions Ltd. | Technology | 0.43% | ₹6.37 Cr | +0.46% | +0.56% | +0.66% |
| PVR Inox Ltd. | Services | 0.35% | ₹5.19 Cr | +0.31% | +0.32% | +0.34% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:20795 | 0.00% | 1.19% | +1.19% |
| Bharti Airtel Ltd. | 14.25% | 13.09% | -1.16% |
| Firstsource Solutions Ltd. | 4.52% | 4.02% | -0.50% |
| Coforge Ltd. | 4.29% | 4.78% | +0.49% |
| Amagi Media Labs Ltd. | 2.79% | 2.44% | -0.35% |
| Zensar Technologies Ltd. | 3.47% | 3.14% | -0.33% |
| Eternal Ltd. | 3.55% | 3.85% | +0.30% |
| Info Edge (India) Ltd. | 4.20% | 4.50% | +0.30% |
| Sonata Software Ltd. | 2.94% | 2.66% | -0.28% |
| eClerx Services Ltd. | 2.86% | 3.07% | +0.21% |
| HCL Technologies Ltd. | 7.69% | 7.49% | -0.20% |
| PB Fintech Ltd. | 1.22% | 1.42% | +0.20% |
| Sagility Ltd. | 2.35% | 2.55% | +0.20% |
| Mphasis Ltd. | 5.06% | 5.24% | +0.18% |
| Brainbees Solutions Ltd. | 1.12% | 0.96% | -0.16% |
| Tata Consultancy Services Ltd. | 9.76% | 9.90% | +0.14% |
| Redington Ltd. | 0.67% | 0.75% | +0.08% |
| Tech Mahindra Ltd. | 5.07% | 5.00% | -0.07% |
| Hexaware Technologies Ltd. | 3.72% | 3.67% | -0.05% |
| Bharti Hexacom Ltd. | 1.17% | 1.13% | -0.04% |
| Others | -0.16% | -0.20% | -0.04% |
| Tata Communications Ltd. | 1.39% | 1.36% | -0.03% |
| Infosys Ltd. | 11.71% | 11.74% | +0.03% |
| Unicommerce ESolutions Ltd. | 0.41% | 0.43% | +0.02% |
| PVR Inox Ltd. | 0.33% | 0.35% | +0.02% |
| Indus Towers Ltd. | 1.28% | 1.27% | -0.01% |
| Persistent Systems Ltd. | 1.04% | 1.04% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹5,006 Cr | 1.62% | -4.7% | -0.8% | 5.4% |
 ICICI Prudential Technology Fund | ₹13,661 Cr | 1.87% | -7.6% | -3.2% | 2.7% |
 SBI Technology Opportunities Fund | ₹4,488 Cr | 2.00% | -3.7% | 0.6% | 6.0% |
 Franklin India Technology Fund | ₹1,759 Cr | 2.14% | -3.5% | -0.7% | 7.5% |
 Tata Nifty India Digital ETF FoF | ₹117 Cr | 0.48% | -4.0% | -0.1% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to provide long-term capital appreciation by investing predominantly in equity and equity related securities of Technology & technology related companies.
Fund managers
- Balakumar BalasubramanianMr. Balasubramanian has done B.Tech, PGDM and CFAPrior to joining HDFC Mutual Fund, he has worked with Sanford C. Bernstein (India) Private Ltd, UBS Business Solutions (India) Pvt. Ltd, Cognizant Technology Solutions India Private Ltd, Capgemini India Private Ltd and Infosys Ltd
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months2.38% absolute | ₹60,000 | ₹61,428 | 2.38% | |
| 1 year−15.11% annualised | ₹1,20,000 | ₹1,10,618 | −7.82% | |
| 3 years3.78% annualised | ₹3,60,000 | ₹3,81,771 | 6.05% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.