HDFC Nifty India Digital Index Fund

IndexDirect and Regular plans, Growth option

Data as on 30-10-2026

HDFC Nifty India Digital Index Fund is a mutual fund run by HDFC Mutual Fund. On 30-09-2026, it managed ₹141 Cr of investors' money. In the year to 30-10-2026, its Direct plan returned −7.7% and its Regular plan returned −8.1%. Its benchmark, Nifty India Digital TRI, returned −7.0% over the same year.

NAV (Direct plan): ₹8.69; ▲ 0.26%30-10-2026
NAV (Regular plan): ₹8.61; ▲ 0.26%30-10-2026
Expense ratio: 0.41%Direct0.88%Regular; 0.41%; A year
Riskometer: Very High; Set by the fund house
1 year return: −7.7%Direct−8.1%Regular; −7.7%; Total

HDFC Nifty India Digital Index Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹8.69 (up 0.26% that day); Regular Plan Growth ₹8.61 (up 0.26% that day).

This fund (Direct plan)

₹8.6876

HDFC Nifty India Digital Index Fund Returns vs Nifty India Digital TRI

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	+7.22%	+0.04%	+11.09%	−7.65%	--	--	--
This fund (Regular)	+7.18%	−0.08%	+10.82%	−8.08%	--	--	--
Nifty India Digital TRI	+7.38%	+0.37%	+11.61%	−6.97%	+12.23%	--	--
Category average	--	--	--	--	--	--	--
Best in category	--	--	--	--	--	--	--
Worst in category	--	--	--	--	--	--	--
Rank in category	--	--	--	--	--	--	--

No category comparison is shown: this fund's category is too broad to compare, or has fewer than five funds.

HDFC Nifty India Digital Index Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular	Nifty India Digital TRI
2026to date	−8.33%	−8.69%	−7.74%
2025	−2.33%	−2.80%	−1.82%

HDFC Nifty India Digital Index Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 1-year holding period, plotted on the day it ended. There are 217 periods, one for each trading day from 11-12-2025 to 30-10-2026.

−20%−15%−10%−5%0%5%

Jan 2025
to
Jan 2026Mar 2025
to
Mar 2026Apr 2025
to
Apr 2026Jun 2025
to
Jun 2026Aug 2025
to
Aug 2026Oct 2025
to
Oct 2026

HDFC Nifty India Digital Index Fund (Direct)Nifty India Digital TRI

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	217	−5.7%	−16.8%	3.8%	87%	−5.2%	0%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than Nifty India Digital TRI over the same days. Past returns do not promise future returns.

HDFC Nifty India Digital Index Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	HDFC Nifty India Digital Index Fund (Direct)This fund	Nifty India Digital TRI
Return (CAGR)	−7.65%	−6.97%
Standard deviation	17.85%	17.98%
Sharpe ratio	-0.72	-0.68
Sortino ratio	-0.98	-0.92
Maximum drawdown	−25.1% (31-03-2026)	−25.0% (30-03-2026)
Beta	1.00	1.00
Alpha	−0.69%	0.00%

From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Measure	HDFC Nifty India Digital Index Fund (Direct)This fund	Nifty India Digital TRI
Return (CAGR)	−7.19%	−6.58%
Standard deviation	18.44%	18.51%
Sharpe ratio	-0.69	-0.66
Sortino ratio	-0.94	-0.89
Maximum drawdown	−27.6% (31-03-2026)	−27.0% (30-03-2026)
Beta	1.00	1.00
Alpha	−0.62%	0.00%

From daily NAVs, 11-12-2024 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Drawdowns

How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.

−30%−25%−20%−15%−10%−5%0%

20252026

HDFC Nifty India Digital Index Fund (Direct)Nifty India Digital TRI

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
HDFC Nifty India Digital Index Fund (Direct)	−27.6%	16-12-2024	31-03-2026	Not yet	--	−14.0%
Nifty India Digital TRI	−27.0%	16-12-2024	30-03-2026	Not yet	--	−12.9%

From the Direct plan's daily NAV since 11-12-2024, adjusted for unit splits, and Nifty India Digital TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

HDFC Nifty India Digital Index Fund Expense Ratio and Costs

What each plan charges a year, in force from 01-10-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio
Direct	0.30%	0.00%	0.00%	0.11%	0.41%
Regular	0.71%	0.00%	0.00%	0.17%	0.88%

The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	−8.08%	−7.65%	0.43%	₹91,920	₹92,350

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

HDFC Nifty India Digital Index Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 11-12-2024 to 30-10-2026: 23 instalments, ₹2,30,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planHDFC Nifty India Digital Index Fund (Direct)	₹2,30,000	₹2,30,946	₹946	0.4%
Regular planHDFC Nifty India Digital Index Fund (Regular)	₹2,30,000	₹2,29,881	−₹119	−0.1%
Nifty India Digital TRI	₹2,30,000	₹2,32,574	₹2,574	1.1%

₹0₹50,000₹1.0 L₹1.5 L₹2.0 L₹2.5 L

20252026

Direct planHDFC Nifty India Digital Index Fund (Direct)Regular planHDFC Nifty India Digital Index Fund (Regular)Nifty India Digital TRIAmount invested

From each plan's published NAV (Growth option), the benchmark's TRI, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.

HDFC Nifty India Digital Index Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

97.6%Equity

Asset	Fund
Equity	97.6%
Cash and others	2.4%

Market cap of stocks

Market cap	Fund
Large Cap	50.8%
Mid Cap	35.3%
Small Cap	11.5%

Share of the whole fund. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.

HDFC Nifty India Digital Index Fund Sector Allocation

Sector allocation of the fund's stocks as on 30-09-2026

Largest sectors

IT - Software45.9%
Retailing21.6%
Telecom - Services13.2%
Financial Technology (Fintech)9.7%
IT - Services4.2%
Leisure Services1.8%
Telecom - Equipment & Accessories0.6%
Other Consumer Services0.6%

Sector changes

Sector	July 2026	August 2026	September 2026	Change
IT - Software	47.3%	46.0%	45.9%	−1.4%
Retailing	22.5%	23.0%	21.6%	−0.9%
Telecom - Services	13.4%	12.6%	13.2%	−0.2%
Financial Technology (Fintech)	9.8%	11.5%	9.7%	−0.1%
IT - Services	3.7%	3.9%	4.2%	+0.5%

Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.

HDFC Nifty India Digital Index Fund Portfolio Holdings

As on 30-09-2026 · 50 holdings · from the fund house's monthly portfolio

Holdings	Sector	Weight%	1M change
Infosys Limited	IT - Software	7.60%	+9.8%
Tata Consultancy Services Ltd.	IT - Software	7.53%	+5.2%
Bharti Airtel Ltd.	Telecom - Services	7.53%	+9.2%
HCL Technologies Ltd.	IT - Software	7.48%	−8.0%
Eternal Limited	Retailing	7.31%	−20.5%
One 97 Communications Limited	Financial Technology (Fintech)	5.85%	−9.3%
Tech Mahindra Ltd.	IT - Software	5.72%	+0.0%
INFO EDGE (INDIA) LIMITED	Retailing	3.83%	−10.3%
Coforge Limited	IT - Software	3.60%	+0.1%
Fsn Ecommerce Ventures Limited (Nykaa)	Retailing	3.55%	−11.3%
Persistent Systems Limited	IT - Software	3.39%	+0.1%
PB Fintech Limited	Financial Technology (Fintech)	3.06%	−9.1%
Swiggy Limited	Retailing	3.04%	−6.2%
VODAFONE IDEA LIMITED	Telecom - Services	2.89%	−11.4%
Wipro Ltd.	IT - Software	2.54%	+0.0%
LTM Limited	IT - Software	2.22%	−0.0%
MphasiS Limited.	IT - Software	1.69%	+0.3%
Meesho Limited	Retailing	1.69%	+45.9%
Tata Communications Limited	Telecom - Services	1.58%	−11.3%
Oracle Financial Ser Software Ltd.	IT - Software	1.50%	+0.1%
Indian Railway Catering And Tourism Corp Ltd	Leisure Services	1.11%	−11.4%
CarTrade Tech Limited	Retailing	1.01%	−10.3%
Bharti Hexacom Limited	Telecom - Services	0.87%	−11.3%
Pine Labs Limited	Financial Technology (Fintech)	0.78%	+130.5%
Tata Technologies Limited	IT - Services	0.72%	+0.1%
Tata Elxsi Ltd.	IT - Software	0.63%	−0.0%
Physicswallah Limited.	Other Consumer Services	0.59%	−3.6%
Sagility Limited	IT - Services	0.58%	+0.6%
AFFLE 3I LIMITED	IT - Services	0.57%	+0.3%
Inventurus Knowledge Solutions Limited	IT - Services	0.54%	+1.9%
Netweb Technologies India Limited	IT - Services	0.53%	+4.4%
L&T Technology Services Ltd.	IT - Services	0.53%	+0.1%
Cyient Ltd.	IT - Services	0.51%	−7.5%
KPIT Technologies Ltd	IT - Software	0.49%	+1.5%
TBO TEK LIMITED	Leisure Services	0.47%	−11.0%
URBAN COMPANY LIMITED	Retailing	0.44%	−8.7%
Hexaware Technologies Ltd.	IT - Software	0.43%	+0.2%
Indiamart Intermesh Limited	Retailing	0.41%	−11.1%
Brainbees Solutions Limited (FirstCry)	Retailing	0.33%	−10.9%
Tejas Networks Limited	Telecom - Equipment & Accessories	0.33%	−11.1%
Intellect Design Arena Limited	IT - Software	0.33%	+0.3%
Zensar Technologies Ltd.	IT - Software	0.28%	+0.0%
Birlasoft Limited	IT - Software	0.27%	+0.1%
Black Box Limited	IT - Services	0.22%	New
Fractal Analytics Limited	IT - Software	0.21%	New
BLS International Services Ltd	Leisure Services	0.21%	−11.3%
RailTel Corporation of India Limited	Telecom - Services	0.19%	−11.4%
ITI Ltd	Telecom - Equipment & Accessories	0.19%	−11.4%
Tata Teleservices (Maharashtra) Ltd.	Telecom - Services	0.14%	−11.4%
STERLITE TECHNOLOGIES LIMITED	Telecom - Equipment & Accessories	0.09%	New

HDFC Nifty India Digital Index Fund Stocks Bought and Sold

All changes are between August 2026 and September 2026

Stocks bought and sold in September 2026

Eternal Limited	Reduced	−20.5%	7.31%
HCL Technologies Ltd.	Reduced	−8.0%	7.48%
Infosys Limited	Added	+9.8%	7.60%
Bharti Airtel Ltd.	Added	+9.2%	7.53%
Tata Consultancy Services Ltd.	Added	+5.2%	7.53%
One 97 Communications Limited	Reduced	−9.3%	5.85%
Tech Mahindra Ltd.	Added	+0.0%	5.72%
PB Fintech Limited	Reduced	−9.1%	3.06%
INFO EDGE (INDIA) LIMITED	Reduced	−10.3%	3.83%
Fsn Ecommerce Ventures Limited (Nykaa)	Reduced	−11.3%	3.55%
Coforge Limited	Added	+0.1%	3.60%
Persistent Systems Limited	Added	+0.1%	3.39%
Swiggy Limited	Reduced	−6.2%	3.04%
VODAFONE IDEA LIMITED	Reduced	−11.4%	2.89%
Wipro Ltd.	Added	+0.0%	2.54%
LTM Limited	Reduced	−0.0%	2.22%
MphasiS Limited.	Added	+0.3%	1.69%
Meesho Limited	Added	+45.9%	1.69%
Tata Communications Limited	Reduced	−11.3%	1.58%
Oracle Financial Ser Software Ltd.	Added	+0.1%	1.50%
Indian Railway Catering And Tourism Corp Ltd	Reduced	−11.4%	1.11%
CarTrade Tech Limited	Reduced	−10.3%	1.01%
Bharti Hexacom Limited	Reduced	−11.3%	0.87%
Pine Labs Limited	Added	+130.5%	0.78%
Tata Technologies Limited	Added	+0.1%	0.72%
Tata Elxsi Ltd.	Reduced	−0.0%	0.63%
Physicswallah Limited.	Reduced	−3.6%	0.59%
Sagility Limited	Added	+0.6%	0.58%
AFFLE 3I LIMITED	Added	+0.3%	0.57%
Inventurus Knowledge Solutions Limited	Added	+1.9%	0.54%
L&T Technology Services Ltd.	Added	+0.1%	0.53%
Netweb Technologies India Limited	Added	+4.4%	0.53%
Cyient Ltd.	Reduced	−7.5%	0.51%
KPIT Technologies Ltd	Added	+1.5%	0.49%
TBO TEK LIMITED	Reduced	−11.0%	0.47%
URBAN COMPANY LIMITED	Reduced	−8.7%	0.44%
Hexaware Technologies Ltd.	Added	+0.2%	0.43%
Indiamart Intermesh Limited	Reduced	−11.1%	0.41%
Tejas Networks Limited	Reduced	−11.1%	0.33%
Brainbees Solutions Limited (FirstCry)	Reduced	−10.9%	0.33%
Intellect Design Arena Limited	Added	+0.3%	0.33%
Sonata Software Ltd.	Sold out	−100%	was 0.30%
Zensar Technologies Ltd.	Added	+0.0%	0.28%
Birlasoft Limited	Added	+0.1%	0.27%
BLS International Services Ltd	Reduced	−11.3%	0.21%
Black Box Limited	New	New	0.22%
Fractal Analytics Limited	New	New	0.21%
ITI Ltd	Reduced	−11.4%	0.19%
RailTel Corporation of India Limited	Reduced	−11.4%	0.19%
Newgen Software Technologies Ltd.	Sold out	−100%	was 0.18%
Tata Teleservices (Maharashtra) Ltd.	Reduced	−11.4%	0.14%
LATENT VIEW ANALYTICS LIMITED	Sold out	−100%	was 0.10%
STERLITE TECHNOLOGIES LIMITED	New	New	0.09%
C.E. INFO SYSTEMS LIMITED	Sold out	−100%	was 0.09%

A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.

What HDFC Nifty India Digital Index Fund bought and sold

HDFC Nifty India Digital Index Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
Tata NIFTY India Digital Exchange Traded FundIndex · Tata	93.9%	47	Compare
Tata Digital India FundThematic · Tata	58.6%	28	Compare
Aditya Birla Sun Life Digital India FundThematic · Aditya Birla Sun Life	57.5%	22	Compare
HDFC Technology FundThematic · HDFC	54.2%	17	Compare
ICICI Prudential Technology FundThematic · ICICI Prudential	53.3%	35	Compare
SBI Technology Opportunities FundThematic · SBI	52.3%	16	Compare
Mirae Asset BSE Information Technology Index FundIndex · Mirae Asset	50.1%	25	Compare
Kotak Technology FundThematic · Kotak Mahindra	49.7%	16	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

HDFC Nifty India Digital Index Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 0.41%
Expense ratio (Regular): 0.88%
Category: Index
Risk: Very High
Benchmark: Nifty India Digital TRI
Launch date: 11-12-2024
Minimum investment: ₹100
Minimum additional investment: ₹100
AUM: ₹141.46 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 153097
ISIN (Direct): INF179KC1JB4
Scheme code (Regular): 153096
ISIN (Regular): INF179KC1JA6
NAV history: From 11-12-2024, 1.9 years

Exit load: NIL

Tax on HDFC Nifty India Digital Index Fund returns

HDFC Nifty India Digital Index Fund is taxed as an equity fund: 65% or more of it is in Indian stocks.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹8.6876	30-10-2026
regular	Growth	₹8.6091	30-10-2026

About HDFC Nifty India Digital Index Fund

HDFC Nifty India Digital Index Fund is a mutual fund from HDFC Mutual Fund. Its category is Index. It was launched on 11-12-2024. Its benchmark is Nifty India Digital TRI. At the end of September 2026 it held 50 securities.

Fund Manager

Nandita Menezes
Fund manager of HDFC Nifty India Digital Index Fund, since 29-03-2025
Arun Agarwal
Fund manager of HDFC Nifty India Digital Index Fund, since 11-12-2024

See all funds of HDFC Mutual Fund

AUM change

September 2026: ₹141.46 Cr; −10.36% from August 2026
August 2026: ₹157.81 Cr; +2.66% from July 2026
July 2026: ₹153.72 Cr; +10.39% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare HDFC Nifty India Digital Index Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

HDFC Nifty India Digital Index vs Tata NIFTY India Digital Exchange Traded93.9% overlap
HDFC Nifty India Digital Index vs Tata Digital India58.6% overlap
HDFC Nifty India Digital Index vs Aditya Birla Sun Life Digital India57.5% overlap
HDFC Nifty India Digital Index vs HDFC Technology54.2% overlap
HDFC Nifty India Digital Index vs ICICI Prudential Technology53.3% overlap
HDFC Nifty India Digital Index vs SBI Technology Opportunities52.3% overlap
HDFC Nifty India Digital Index vs Mirae Asset BSE Information Technology Index50.1% overlap
HDFC Nifty India Digital Index vs Kotak Technology49.7% overlap

Compare with any other fund

Frequently Asked Questions for HDFC Nifty India Digital Index Fund

What is the current NAV of HDFC Nifty India Digital Index Fund?

The Direct plan NAV is ₹8.6876. The Regular plan NAV is ₹8.6091, as on 30-10-2026.

What are the returns of HDFC Nifty India Digital Index Fund?

The Direct plan returned −7.65% in 1 year. The Regular plan returned −8.08% in 1 year. These figures are as on 30-10-2026.

What is the expense ratio of HDFC Nifty India Digital Index Fund?

The Direct plan charges 0.41% a year. The Regular plan charges 0.88% a year. This is the figure the fund house reported to AMFI, in force from 01-10-2026.

What is the AUM of HDFC Nifty India Digital Index Fund?

HDFC Nifty India Digital Index Fund managed ₹141.46 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of HDFC Nifty India Digital Index Fund?

At the end of September 2026 the largest holdings were INFY (7.60%), TCS (7.53%), BHARTIARTL (7.53%), HCLTECH (7.48%), ETERNAL (7.31%). The fund held 50 securities in all.

What did HDFC Nifty India Digital Index Fund buy and sell in September 2026?

It bought 3 new stocks: STERLITE TECHNOLOGIES LIMITED, Fractal Analytics Limited, Black Box Limited. It sold out of 4: C.E. INFO SYSTEMS LIMITED, LATENT VIEW ANALYTICS LIMITED, Sonata Software Ltd, Newgen Software Technologies Ltd. It added shares in 22. It reduced 25.

How do I invest in HDFC Nifty India Digital Index Fund?

Through HDFC Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹100. You can invest once or through a monthly SIP.

Who is the fund manager of HDFC Nifty India Digital Index Fund?

Nandita Menezes (since 29-03-2025), Arun Agarwal (since 11-12-2024).

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.