HDFC Technology Fund

ThematicDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

HDFC Technology Fund is a Thematic fund run by HDFC Mutual Fund. On 30-09-2026, it managed ₹1,371 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 9.3% a year and its Regular plan returned 8.0% a year. Its benchmark, BSE TECK TRI, returned 6.7% a year over the same 3 years.

NAV (Direct plan): ₹12.64; ▼ 0.17%30-10-2026
NAV (Regular plan): ₹12.18; ▼ 0.18%30-10-2026
Expense ratio: 1.10%Direct2.14%Regular; 1.10%; A year
Riskometer: Very High; Set by the fund house
3 year return: 9.3%Direct8.0%Regular; 9.3%; A year

HDFC Technology Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹12.64 (down 0.17% that day); Regular Plan Growth ₹12.18 (down 0.18% that day).

This fund (Direct plan)

₹12.638

HDFC Technology Fund Returns vs BSE TECK 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)	+11.54%	+0.54%	+12.22%	−9.86%	+9.26%	--	--
This fund (Regular)	+11.44%	+0.26%	+11.60%	−10.88%	+7.98%	--	--
BSE TECK TRI	+14.68%	+2.98%	+8.77%	−7.44%	+6.66%	+3.35%	+13.30%
Thematic average	−2.09%	−4.52%	+0.86%	−1.22%	+13.76%	--	--
Best in Thematic	+11.54%	+11.27%	+22.16%	+75.71%	+54.78%	--	--
Worst in Thematic	−16.05%	−11.74%	−13.97%	−22.44%	−4.46%	--	--
Rank in Thematic	1/235	27/232	21/232	194/215	97/133	--	--

Category rows compare the Direct plans of 235 Thematic funds. Rank 1 is the highest return.

HDFC Technology Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular	BSE TECK TRI
2026to date	−11.06%	−11.89%	−11.48%
2025	−4.32%	−5.44%	−3.10%
2024	+34.90%	+33.23%	+24.26%

HDFC Technology 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 3-year holding period, plotted on the day it ended. There are 34 periods, one for each trading day from 08-09-2026 to 30-10-2026.

0%2%4%6%8%10%

Sept 2023
to
Sept 2026Sept 2023
to
Sept 2026Sept 2023
to
Sept 2026Oct 2023
to
Oct 2026Oct 2023
to
Oct 2026Oct 2023
to
Oct 2026

HDFC Technology Fund (Direct)BSE TECK TRI

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	528	−2.7%	−25.3%	48.8%	56%	−4.0%	64%
2 years	281	0.0%	−11.9%	20.8%	49%	−1.2%	100%
3 years	34	5.6%	4.7%	9.9%	0%	1.5%	100%

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	26	0.8%	−30.4%	62.6%	50%	−4.7%	69%

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 BSE TECK TRI over the same days. Past returns do not promise future returns.

HDFC Technology Fund Risk

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

Risk and return

Measure	HDFC Technology Fund (Direct)This fund	BSE TECK TRI
Return (CAGR)	−9.86%	−7.44%
Standard deviation	19.36%	18.81%
Sharpe ratio	-0.78	-0.67
Sortino ratio	-1.08	-0.93
Maximum drawdown	−26.4% (01-07-2026)	−26.9% (01-07-2026)
Beta	0.99	1.00
Alpha	−2.58%	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 Technology Fund (Direct)This fund	BSE TECK TRI
Return (CAGR)	+9.26%	+6.66%
Standard deviation	17.68%	18.00%
Sharpe ratio	0.18	0.04
Sortino ratio	0.27	0.05
Maximum drawdown	−30.6% (01-07-2026)	−31.1% (01-07-2026)
Beta	0.95	1.00
Alpha	+2.63%	0.00%

From daily NAVs, 30-10-2023 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 Technology Fund (Direct)This fund	BSE TECK TRI
Return (CAGR)	+7.71%	+5.23%
Standard deviation	17.38%	17.76%
Sharpe ratio	0.09	-0.05
Sortino ratio	0.14	-0.07
Maximum drawdown	−30.6% (01-07-2026)	−31.1% (01-07-2026)
Beta	0.94	1.00
Alpha	+2.43%	0.00%

From daily NAVs, 08-09-2023 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.

−40%−30%−20%−10%0%

202420252026

HDFC Technology Fund (Direct)BSE TECK TRI

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
HDFC Technology Fund (Direct)	−30.6%	13-12-2024	01-07-2026	Not yet	--	−18.5%
BSE TECK TRI	−31.1%	13-12-2024	01-07-2026	Not yet	--	−19.2%

From the Direct plan's daily NAV since 08-09-2023, adjusted for unit splits, and BSE TECK TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

HDFC Technology Fund vs Other Thematic Funds

The five Thematic funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
Nippon India Taiwan Equity Fund	1/133	1,147	1.08%	+75.71%	+54.78%	--	--	1.38	2.03	Compare
HDFC Defence Fund	2/133	11,493	0.90%	+13.79%	+34.76%	−0.18%	0.83	1.12	1.54	Compare
HDFC Pharma and Healthcare Fund	3/133	3,501	1.05%	+23.12%	+30.53%	+8.23%	0.96	1.74	2.49	Compare
SBI Healthcare Opportunities Fund	4/133	5,870	1.01%	+17.12%	+24.60%	+3.61%	0.88	1.42	2.03	Compare
Aditya Birla Sun Life International Equity Fund	5/133	352	2.00%	+13.97%	+24.46%	--	--	1.49	2.16	Compare
HDFC Technology Fund	97/133	1,371	1.10%	−9.86%	+9.26%	+2.63%	0.95	0.18	0.27

AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.

HDFC Technology Fund Expense Ratio and Costs

What each plan charges a year, in force from 16-10-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Thematic median	Cost rank (1 = cheapest)
Direct	0.91%	0.01%	0.00%	0.18%	1.10%	1.18%	94/235
Regular	1.81%	0.01%	0.00%	0.32%	2.14%	2.41%	53/235

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. Cost rank: where this plan comes when the Thematic funds' plans of the same type are sorted from the lowest total expense ratio to the highest.

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	−10.88%	−9.86%	1.02%	₹89,120	₹90,140
3 years	7.98%	9.26%	1.28% a year	₹1,25,901	₹1,30,432

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 Technology 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 08-09-2023 to 30-10-2026: 38 instalments, ₹3,80,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planHDFC Technology Fund (Direct)	₹3,80,000	₹3,88,251	₹8,251	1.3%
Regular planHDFC Technology Fund (Regular)	₹3,80,000	₹3,80,877	₹877	0.1%
BSE TECK TRI	₹3,80,000	₹3,79,685	−₹315	−0.1%
Category averageCategory average, 235 Thematic funds	₹3,80,000	₹4,18,163	₹38,163	6.0%

₹0₹1.0 L₹2.0 L₹3.0 L₹4.0 L₹5.0 L

202420252026

Direct planHDFC Technology Fund (Direct)Regular planHDFC Technology Fund (Regular)BSE TECK TRICategory averageCategory average, 235 Thematic fundsAmount invested

From each plan's published NAV (Growth option), the benchmark's TRI and the category average, 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 Technology Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

98.5%Equity

Asset	Fund	Category
Equity	98.5%	94.5%
Cash and others	1.5%	4.0%

Market cap of stocks

Market cap	Fund	Category
Large Cap	52.0%	45.7%
Mid Cap	18.7%	19.6%
Small Cap	24.5%	24.1%
Not on AMFI's list	3.3%	2.3%

Share of the whole fund. Category: the average of the Thematic funds that hold stocks. 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 Technology Fund Sector Allocation

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

Largest sectors

IT - Software52.9%
Telecom - Services17.6%
Retailing9.6%
Commercial Services & Supplies8.3%
IT - Services5.5%
Transport Services1.8%
Finance1.5%
Financial Technology (Fintech)0.9%
Entertainment0.5%

Sector changes

Sector	July 2026	August 2026	September 2026	Change
IT - Software	54.8%	54.7%	52.9%	−1.9%
Telecom - Services	18.1%	16.9%	17.6%	−0.5%
Retailing	8.9%	9.3%	9.6%	+0.7%
Commercial Services & Supplies	8.1%	7.8%	8.3%	+0.2%
IT - Services	5.5%	5.4%	5.5%	−0.1%

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 Technology Fund Portfolio Holdings

As on 30-09-2026 · 27 holdings · from the fund house's monthly portfolio

Holdings	Sector	Weight%	1M change
Bharti Airtel Ltd.	Telecom - Services	13.74%	0.0%
Infosys Limited	IT - Software	11.14%	0.0%
Tata Consultancy Services Ltd.	IT - Software	9.16%	0.0%
HCL Technologies Ltd.	IT - Software	7.60%	0.0%
Tech Mahindra Ltd.	IT - Software	5.12%	+1.1%
MphasiS Limited.	IT - Software	5.03%	0.0%
INFO EDGE (INDIA) LIMITED	Retailing	4.64%	+2.7%
Coforge Limited	IT - Software	4.56%	0.0%
Firstsource Solutions Ltd.	Commercial Services & Supplies	4.30%	+2.2%
Eternal Limited	Retailing	3.94%	−2.9%
Hexaware Technologies Ltd.	IT - Software	3.54%	0.0%
Zensar Technologies Ltd.	IT - Software	3.12%	0.0%
eClerx Services Limited	Commercial Services & Supplies	3.06%	0.0%
Amagi Media Labs Limited	IT - Services	2.55%	0.0%
Sonata Software Ltd.	IT - Software	2.54%	0.0%
Sagility Limited	IT - Services	2.50%	0.0%
Shiprocket Limited	Transport Services	1.81%	+62.2%
Moneyview Limited	Finance	1.46%	New
Tata Communications Limited	Telecom - Services	1.42%	0.0%
Indus Towers Limited	Telecom - Services	1.32%	0.0%
Bharti Hexacom Limited	Telecom - Services	1.12%	0.0%
Persistent Systems Limited	IT - Software	1.07%	0.0%
Brainbees Solutions Limited (FirstCry)	Retailing	1.03%	0.0%
Redington Ltd.	Commercial Services & Supplies	0.92%	0.0%
PB Fintech Limited	Financial Technology (Fintech)	0.87%	0.0%
PVR LIMITED	Entertainment	0.50%	+29.4%
Unicommerce eSolutions Limited	IT - Services	0.44%	0.0%

HDFC Technology Fund Stocks Bought and Sold

All changes are between August 2026 and September 2026

Stocks bought and sold in September 2026

Tech Mahindra Ltd.	Added	+1.1%	5.12%
INFO EDGE (INDIA) LIMITED	Added	+2.7%	4.64%
Firstsource Solutions Ltd.	Added	+2.2%	4.30%
Eternal Limited	Reduced	−2.9%	3.94%
Shiprocket Limited	Added	+62.2%	1.81%
Moneyview Limited	New	New	1.46%
PVR LIMITED	Added	+29.4%	0.50%

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 Technology Fund bought and sold

HDFC Technology Fund Portfolio Overlap

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

Fund	Overlap	Holdings in common
ICICI Prudential Technology FundThematic · ICICI Prudential	57.7%	22	Compare
SBI Technology Opportunities FundThematic · SBI	54.9%	13	Compare
HDFC Nifty India Digital Index FundIndex · HDFC	54.2%	17	Compare
Tata NIFTY India Digital Exchange Traded FundIndex · Tata	53.2%	18	Compare
Aditya Birla Sun Life Digital India FundThematic · Aditya Birla Sun Life	52.6%	15	Compare
Kotak Technology FundThematic · Kotak Mahindra	51.8%	13	Compare
Tata Digital India FundThematic · Tata	51.4%	19	Compare
WhiteOak Capital Digital Bharat FundSectoral · WhiteOak Capital	51.4%	14	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 Technology Fund Overview

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

Expense ratio (Direct): 1.10%
Expense ratio (Regular): 2.14%
Category: Thematic
Risk: Very High
Benchmark: BSE Teck TRI
Launch date: 08-09-2023
Minimum investment: ₹100
Minimum additional investment: ₹100
AUM: ₹1,370.99 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 152059
ISIN (Direct): INF179KC1HI3
Scheme code (Regular): 152058
ISIN (Regular): INF179KC1HF9
NAV history: From 08-09-2023, 3.1 years

Exit load: In respect of each purchase/switch-in of units, an Exit load of 1% is payable if units are redeemed /switched-out within 30 days from the date of allotment. No Exit Load is payable if units are redeemed / switched out after 30 days from the date of allotment.

Tax on HDFC Technology Fund returns

HDFC Technology 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	₹12.638	30-10-2026
direct	IDCW	₹12.638	30-10-2026
regular	Growth	₹12.176	30-10-2026
regular	IDCW	₹12.176	30-10-2026

About HDFC Technology Fund

HDFC Technology Fund is a mutual fund from HDFC Mutual Fund. Its category is Thematic. It was launched on 08-09-2023. Its benchmark is BSE Teck TRI. At the end of September 2026 it held 27 securities.

Fund Manager

Balakumar B
Fund manager of HDFC Technology Fund, since 08-09-2023
Gopal Agrawal
Fund manager of HDFC Technology Fund, since 01-09-2026
Bhagyesh Kagalkar
Fund manager of HDFC Technology Fund, since 26-08-2026

See all funds of HDFC Mutual Fund

AUM change

September 2026: ₹1,370.99 Cr; −7.59% from August 2026
August 2026: ₹1,483.59 Cr; +0.03% from July 2026
July 2026: ₹1,483.21 Cr; +15.99% from June 2026

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

Compare HDFC Technology Fund with Other Funds

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

HDFC Technology vs Nippon India Taiwan EquityThematic
HDFC Technology vs HDFC DefenceThematic
HDFC Technology vs HDFC Pharma and HealthcareThematic
HDFC Technology vs SBI Healthcare OpportunitiesThematic
HDFC Technology vs Aditya Birla Sun Life International EquityThematic
HDFC Technology vs ICICI Prudential Technology57.7% overlap
HDFC Technology vs SBI Technology Opportunities54.9% overlap
HDFC Technology vs HDFC Nifty India Digital Index54.2% overlap

Compare with any other fund

Frequently Asked Questions for HDFC Technology Fund

What is the current NAV of HDFC Technology Fund?

The Direct plan NAV is ₹12.638. The Regular plan NAV is ₹12.176, as on 30-10-2026.

What are the returns of HDFC Technology Fund?

The Direct plan returned −9.86% in 1 year, +9.26% a year over 3 years. The Regular plan returned −10.88% in 1 year, +7.98% a year over 3 years. These figures are as on 30-10-2026.

What is the expense ratio of HDFC Technology Fund?

The Direct plan charges 1.10% a year. The Regular plan charges 2.14% a year. This is the figure the fund house reported to AMFI, in force from 16-10-2026.

What is the AUM of HDFC Technology Fund?

HDFC Technology Fund managed ₹1,370.99 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of HDFC Technology Fund?

At the end of September 2026 the largest holdings were BHARTIARTL (13.74%), INFY (11.14%), TCS (9.16%), HCLTECH (7.60%), TECHM (5.12%). The fund held 27 securities in all.

What did HDFC Technology Fund buy and sell in September 2026?

It bought 1 new stock: Moneyview Limited. It added shares in 5. It reduced 1.

How do I invest in HDFC Technology 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 Technology Fund?

Balakumar B (since 08-09-2023), Gopal Agrawal (since 01-09-2026), Bhagyesh Kagalkar (since 26-08-2026).

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.