HDFC Defense Fund vs HDFC Technology Fund: Both mutual funds showing potential; Defense Fund shows 114% returns since inception

  • HDFC Technology Fund focuses heavily on large-cap stocks within the technology sector, making it suitable for investors looking for stability and growth in well-established companies.
  • HDFC Defence Fund diversifies more into small and mid-cap stocks within the defense sector, providing higher growth potential but with higher associated risks.

HDFC defense fund VS HDFC technology fund – Investment and Holdings

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Fund Domestic Equities Large Cap Stocks Mid Cap Stocks Small Cap Stocks Number of Stocks
HDFC Technology Fund 96.25% 62.11% 11.67% 14.71% 23
HDFC Defence Fund 96.48% 3.91% 18.56% 31.08% 22

HDFC defense fund VS HDFC technology fund – Suitability

Fund Suitable For
HDFC Technology Fund Investors with advanced knowledge of macro trends, preferring selective bets for higher returns with moderate to high risk tolerance.
HDFC Defence Fund Investors with advanced knowledge of macro trends, preferring selective bets for higher returns with moderate to high risk tolerance.

HDFC defense fund VS HDFC technology fund – Performance 

Performance Metric HDFC Technology Fund HDFC Defence Fund
NAV ₹11.20 (16th Apr 2024) ₹15.51 (21st Feb 2024)
Benchmark S&P BSE Teck: 16003.68 Nifty India Defence TRI: 22040.70

HDFC defense fund VS HDFC technology fund – Returns

Period HDFC Technology Fund HDFC Defence Fund
1 Week -3.05% -2.74%
1 Month -1.69% 14.34%
3 Months -5.84% 33.40%
6 Months 7.32% 59.68%
YTD 0.59% 40.62%
Since Inception 10.84% 114.69%

HDFC defense fund VS HDFC technology fund – Portfolio Composition

Portfolio Metrics HDFC Technology Fund HDFC Defence Fund
Equity 96.25% 96.48%
Debt 0% 0%
Others 3.75% 3.52%

Top 10 Stock Holdings

Stock Sector Value (Mn) % of Total Holdings 1M Change Quantity
HDFC Technology Fund
Infosys Ltd. Computers – software & consulting 1788.1 18.46% -1.13% 12.59 L
Tata Consultancy Services Ltd. Computers – software & consulting 1748.8 18.05% -0.38% 4.58 L
Bharti Airtel Ltd. Telecom – cellular & fixed line 1085.7 11.21% 0.73% 8.21 L
HCL Technologies Ltd. Computers – software & consulting 800 8.26% -1.01% 5.85 L
Mphasis Ltd. Computers – software & consulting 461.9 4.77% 0.13% 2.00 L
Info Edge (India) Ltd. Internet & catalogue retail 393.1 4.06% 0.29% 64.93 k
Tech Mahindra Ltd. Computers – software & consulting 369.8 3.82% 0.09% 2.93 L
Zomato Ltd. E-retail/e-commerce 336.1 3.47% 0.18% 17.40 L
Firstsource Solutions Ltd. IT enabled services 327 3.38% 0.28% 15.47 L
Zensar Technologies Ltd. Computers – software & consulting 273.6 2.82% 0.01% 4.46 L
Stock Sector Value (Mn) % of Total Holdings 1M Change Quantity
HDFC Defence Fund
Hindustan Aeronautics Ltd. Aerospace & defense 5465.9 20.27% -0.26% 13.88 L
Bharat Electronics Ltd. Aerospace & defense 5005.4 18.56% 1.16% 2.14 Cr
Premier Explosives Ltd. Explosives 1935 7.18% 2.10% 7.93 L
Solar Industries India Ltd. Explosives 1898.4 7.04% -1.23% 2.12 L
Astra Microwave Products Ltd. Aerospace & defense 1728.7 6.41% -0.17% 24.80 L
MTAR Technologies Ltd. Aerospace & defense 1602.7 5.94% 0.06% 8.50 L
Bharat Earth Movers Ltd. Construction vehicles 1543.3 5.72% -0.65% 4.40 L
Cyient DLM Ltd. Industrial products 1340 4.97% 0.06% 19.32 L
InterGlobe Aviation Ltd. Airline 1055.3 3.91% -0.27% 2.65 L
Avalon Technologies Ltd. Other electrical equipment 531.4 1.97% 0.27% 10.27 L

Ultimately, both funds require an advanced understanding of macroeconomic trends and have the potential for significant returns, albeit with varying risk profiles and sector focuses.

Disclaimer: The information provided in this article is for educational and informational purposes only. It should not be considered as investment advice or a recommendation to invest in any particular mutual fund or asset class. Past performance does not indicate future results, and investors should research and consult with a financial advisor before making investment decisions. Investing in mutual funds involves risks, including the possible loss of principal invested.