MF Gyan
sectorHigh risk4 years oldAccelerating recently (last 6m ≈ 17% p.a.)

HDFC MNC Fund - Direct Plan - Growth Option

Invests only in one industry or theme (like banking, pharma, tech). Highly concentrated — bigger swings. From HDFC Mutual Fund. It's been running since 9 Mar 2023.

Latest price per unit
₹14.552
▼ 0.37% today
As of 4 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.04 L
▲ ₹4.0k gain · 4.0% / year
Invested 3 years ago
₹1.25 L
▲ ₹25.2k gain · 7.8% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹1.94 L
Gain / loss+₹14.4k
XIRR (annualised)5.34%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹1.96 L
Projected gain*+₹15.6k
*at this fund's historical rate of 5.34% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 363 other funds in Equity Scheme - Sectoral/ Thematic

Same plan
1-year return
4.01%median 6.52% (-2.52%)
Rank #210 of 364Beats 36% of peers
3-year return
7.77%median 13.63% (-5.86%)
Rank #180 of 364Beats 17% of peers
Bumpiness (3Y)
12.99%median 15.58% (-2.59%)
Rank #48 of 364Less risky than 87% of peers
Worst-ever drop
-24.53%median -25.21% (+0.68%)
Rank #190 of 364Less risky than 48% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 4 of last 4 years were positive.

+27%
2023
+9%
2024
+0%
2025
+4%
2026
Best year
2023 · 26.68%
Worst year
2025 · 0.21%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
13.0%

The value swings roughly 13% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-24.53%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of HDFC MNC Fund - Direct Plan - Growth Option against other sector funds.

Technical details (for the pros)
CAGR — 1 year4.01%
CAGR — 3 years7.77%
CAGR — 5 years—
CAGR — since launch11.31%
Volatility — 1 year (annualised)13.46%
Volatility — 3 years (annualised)12.99%
Max drawdown — 1 year-14.79%
Max drawdown — 3 years-24.53%
Sharpe ratio — 1 year (rf=6%)-0.15
Sharpe ratio — 3 years (rf=6%)0.13

Fund info

Fund house
HDFC Mutual Fund
Category
Equity Scheme - Sectoral/ Thematic
Plan
Direct
Option
Growth
ISIN (Growth)
INF179KC1FC0
ISIN (Div re-invest)
—
Fund code
151458
First price on record
9 Mar 2023 · 859 daily prices

About HDFC MNC Fund - Direct Plan - Growth Option

HDFC MNC Fund - Direct Plan - Growth Option is a Equity Scheme - Sectoral/ Thematic offered by HDFC Mutual Fund under the Direct plan with the Growth option. It has approximately 4 years of NAV track record. The fund falls in the sector category — Invests only in one industry or theme (like banking, pharma, tech). Highly concentrated — bigger swings.

The current NAV of HDFC MNC Fund - Direct Plan - Growth Option is ₹14.5520 (as of 4 Sep 2026). Historically, it has delivered 4.00% over the last year, 7.77% CAGR over 3 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 13.0% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 24.5%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of HDFC MNC Fund - Direct Plan - Growth Option?+

The latest NAV of HDFC MNC Fund - Direct Plan - Growth Option is ₹14.5520 as of 4 Sep 2026, down 0.37% from the previous day. NAV is updated once a business day after the market close.

What are the returns of HDFC MNC Fund - Direct Plan - Growth Option?+

HDFC MNC Fund - Direct Plan - Growth Option has delivered 1-year return 4.00%, 3-year CAGR 7.77%, since-inception CAGR 11.31%. Returns are historical and don't predict future performance — markets move in cycles.

What category does HDFC MNC Fund - Direct Plan - Growth Option belong to?+

HDFC MNC Fund - Direct Plan - Growth Option is categorised as Equity Scheme - Sectoral/ Thematic. Invests only in one industry or theme (like banking, pharma, tech). Highly concentrated — bigger swings.

How risky is HDFC MNC Fund - Direct Plan - Growth Option?+

Based on its 3-year annualised volatility of 13.0%, HDFC MNC Fund - Direct Plan - Growth Option sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is HDFC MNC Fund - Direct Plan - Growth Option a direct plan?+

HDFC MNC Fund - Direct Plan - Growth Option is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is HDFC MNC Fund - Direct Plan - Growth Option?+

HDFC MNC Fund - Direct Plan - Growth Option has NAV history available from 9 Mar 2023 — approximately 4 years of track record and 859 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.