HDFC Housing Opportunities Fund Direct - Growth

Q: What are the returns of HDFC Housing Opportunities Fund?

The HDFC Housing Opportunities Fund is a 7 yrs 8 m old fund and has delivered average annual returns of 12.59% since inception. HDFC Housing Opportunities Fund Returns 1-Year 3-Year 5-Year Since Inception -3.49% 24.68% 26.1% 12.59%

NAV as of Jul 21, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹24.777+0.72% 1 day change	12.59% p.a.	#NA View Ranked Funds	₹1,324 Cr

Historical NAV & returns

NAV: ₹24.777 as on Jul 21, 2025

This fund Category average

HDFC Housing Opportunities Fund overview

Expense ratio	1.22% as on May 31, 2025
Exit load	1.0% Exit load of 1%, if redeemed within 30 days.!
AUM (Fund size)	₹1,324 Cr
Lock-in Period	Nil
Age	7 yrs 8 m since Nov 16, 2017
Benchmark	Nifty Housing TRI
Min. investment	SIP: ₹100 & Lumpsum: ₹100
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

HDFC Housing Opportunities Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Jul 22, 2025

Period	This fund	Category average
1 Month	0.91%	1.32%
3 Months	7.07%	9.63%
6 Months	11.12%	9.53%
1 Year	-3.49%	2.5%
2 Years	22.76%	23.24%
3 Years	24.68%	20.98%
4 Years	18.28%	16.75%
5 Years	26.1%	25.32%
7 Years	15.51%	15.25%

View returns in detail

Asset allocationas on May 31, 2025

Large Cap 64.42%

Mid Cap 8.42%

Small Cap 25.43%

Other Cap 0%

Top holdings

HDFC Bank Ltd.9.69%

ICICI Bank Ltd.9.28%

Larsen & Toubro Ltd.8.05%

Ambuja Cements Ltd.6.69%

Top sectors

Financial 31.7%

Construction 20.800000000000004%

Materials 17.04%

Energy 7.7%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Repo 1.91%

Infrastructure Investment Trust 5.286E-5%

Other Holdings

Others 1.91%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
HDFC Housing Opportunities Fund	N.A.	1,324 Cr	7 yrs 8 m	1.22%
ICICI Prudential Manufacturing Fund	N.A.	6,231 Cr	6 yrs 10 m	0.73%
Sundaram Services Fund	N.A.	4,161 Cr	6 yrs 10 m	0.75%
ICICI Prudential Exports and Services Fund	N.A.	1,362 Cr	12 yrs 6 m	1.69%
ICICI Prudential Commodities Fund	N.A.	2,620 Cr	5 yrs 10 m	0.99%
UTI Transportation and Logistics Fund	N.A.	3,447 Cr	12 yrs 6 m	0.84%

Fund name	1M	6M	1Y	3Y	5Y	10Y
HDFC Housing Opportunities Fund	0.91%	11.12%	-3.49%	24.68%	26.1%	N.A.
ICICI Prudential Manufacturing Fund	1.86%	12.94%	1.43%	28.84%	30.82%	14.31%
Sundaram Services Fund	-1.14%	13.43%	14.86%	22.48%	27.43%	14.37%
ICICI Prudential Exports and Services Fund	-0.55%	10.02%	7.74%	23.14%	25.62%	14.24%
ICICI Prudential Commodities Fund	2.46%	14.16%	3.95%	24.22%	36.21%	16.55%
UTI Transportation and Logistics Fund	1.22%	12.96%	-0.84%	22.84%	28.35%	12.95%

Fund name	Std. deviation	Beta	Sharpe	Sortino
HDFC Housing Opportunities Fund	16.37	1.08	1.21	1.84
ICICI Prudential Manufacturing Fund	16.47	1.08	1.37	1.91
Sundaram Services Fund	13.01	0.86	1.36	2.36
ICICI Prudential Exports and Services Fund	11.17	0.75	1.52	2.66
ICICI Prudential Commodities Fund	15.81	1.0	1.18	1.9
UTI Transportation and Logistics Fund	16.49	1.04	1.1	1.57

View all Thematic funds

Key risk & return ratios Compared to other funds in the category

Alpha	4.18 vs. 2.67 Higher outperformance against benchmark
Sharpe	1.21 vs. 3.13 Poor risk-adjusted returns
Beta	1.08 vs. 0.43 More sensitive to market's ups & downs
Standard deviation	16.37 vs. 4.62 More volatile performance

Compare HDFC Housing Opportunities Fund in detail with

About this fund

About HDFC Housing Opportunities Fund

HDFC Housing Opportunities Fund Direct - Growth is a Thematic mutual fund scheme from Hdfc Mutual Fund. This fund has been in existence for 7 yrs 8 m, having been launched on 16/11/2017. HDFC Housing Opportunities Fund Direct - Growth has ₹1,324 Crores worth of assets under management (AUM) as on 31/05/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of HDFC Housing Opportunities Fund Direct - Growth as of 21/07/2025 is ₹24.78. The fund has an expense ratio of 1.22%, which is higher than what most other Thematic funds charge.

HDFC Housing Opportunities Fund Direct - Growth returns of last 1-year are -2.68%. Since launch, it has delivered 12.63% average annual returns. The fund has doubled the money invested in it every 4 yrs.
HDFC Housing Opportunities Fund Direct - Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund has the majority of its money invested in Financial, Construction, Materials, Energy, Capital Goods sectors. It has taken less exposure in Financial, Construction sectors compared to other funds in the category.
The fund's top 5 holdings are in HDFC Bank Ltd., ICICI Bank Ltd., Larsen & Toubro Ltd., Ambuja Cements Ltd., Prestige Estates Projects Ltd..

...

Fund AUM	1,324 Cr as on May 31, 2025
Scheme document	View Scheme Document

Fund managers

Amar Kalkundrikar

Mr. Kalkundrikar has done B.Com, CA, CFA, and MBA from Columbia Business School. Prior to joining Nippon India Mutual Fund, he has worked with HDFC Asset Management Company Limited where he has handled multiple roles in Investment – Equity function such as Portfolio Management for PMS business, & performing Equity research in various sectors such as Consumer Staples, Consumer Discretionary, Retail, Construction Materials.

Srinivasan Ramamurthy

Mr. Ramamurthy is an engineer by qualification from Jadavpur University and has done his MBA from IIM - Calcutta. Prior to joining HDFC Asset Management Company Limited, he has worked with Mahindra Mutual Fund, IDBI Federal Life Insurance, IIFL Capital Limited, Maybank Kim Eng, Credit Suisse and KPMG Advisory.

Investment objective

The scheme aims to provide long-term capital appreciation by investing predominantly in equity and equity related instruments of entities engaged in and/or expected to benefit from the growth in housing and its allied business activities.

HDFC Mutual Fund details

No. of schemes	75 view all schemes
Total AUM	8,37,348 Cr as on Jun 30, 2025
Address	"HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate Mumbai, 400020
Email	shareholders.relations@hdfcfund.com
Phone	022 ? 66316333

More funds from HDFC Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
HDFC Infrastructure Fund	N.A.	2,540 Cr	0.77%	36.19%
HDFC Small Cap Fund	N.A.	34,032 Cr	7.26%	35.31%
HDFC Mid Cap Fund	N.A.	79,718 Cr	8.35%	33.1%
HDFC Focused Fund	N.A.	19,578 Cr	9.67%	29.52%
HDFC Flexi Cap Fund	N.A.	75,784 Cr	8.43%	29.34%
HDFC Large and Mid Cap Fund	N.A.	25,412 Cr	4.3%	28.51%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of HDFC Housing Opportunities Fund?

The current Net Asset Value (NAV) of the HDFC Housing Opportunities Fund - Direct Growth plan is approximately ₹24.777 as of Jul 21, 2025.

What are the returns of this mutual fund scheme?

The HDFC Housing Opportunities Fund is a 7 yrs 8 m old fund and has delivered average annual returns of 12.59% since inception.

HDFC Housing Opportunities Fund Returns

1-Year	3-Year	5-Year	Since Inception
-3.49%	24.68%	26.1%	12.59%

How much does this mutual fund charge as expense ratio?

The HDFC Housing Opportunities Fund - Direct Growth has an expense ratio of 1.22%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The HDFC Housing Opportunities Fund currently has assets under management (AUM) or fund size valued at approximately 1,324 Cr as on May 31, 2025.

What are the top stock holdings of HDFC Housing Opportunities Fund?

The HDFC Housing Opportunities Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
HDFC Bank Ltd.	9.69%
ICICI Bank Ltd.	9.28%
Larsen & Toubro Ltd.	8.05%
Ambuja Cements Ltd.	6.69%
Prestige Estates Projects Ltd.	6.09%
NTPC Ltd.	6.05%
State Bank of India	5.52%
Tata Steel Ltd.	4.31%
Kalpataru Projects International Ltd.	4.3%
Ultratech Cement Ltd.	3.81%

What are the top sectors HDFC Housing Opportunities Fund has invested in?

The HDFC Housing Opportunities Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	31.7%
Construction	20.800000000000004%
Materials	17.04%
Energy	7.7%
Capital Goods	6.94%
Metals & Mining	6.8999999999999995%
Consumer Discretionary	5.04%
Services	2.15%

What is risk level of HDFC Housing Opportunities Fund?

This is a Thematic fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in HDFC Housing Opportunities Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for HDFC Housing Opportunities Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in HDFC Housing Opportunities Fund is complete.

How can I redeem my investments in HDFC Housing Opportunities Fund?

Redeeming your investments in HDFC Housing Opportunities Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in HDFC Housing Opportunities Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Thematic

#NA

Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Exit Load: Exit load of 1%, if redeemed within 30 days.