HDFC Large Cap Fund Direct-Growth

Q: What are the returns of this mutual fund scheme?

The HDFC Large Cap Fund Direct-Growth is a 13 yrs 1 m old fund and has delivered average annual returns of 13.73% since inception. HDFC Large Cap Fund Direct-Growth Returns 1-Year 3-Year 5-Year 10-Year Since Inception 7.05% 15.48% 15.08% 15.55% 13.73%

Previously called: HDFC Top 100 Direct-G

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹1234.974-0.74% 1 day change	13.73% p.a.	App exclusive #NA View Ranked Funds	₹40,604 Cr

Historical NAV & returns

NAV: ₹1234.974 as on Feb 02, 2026

This fund Category average

HDFC Large Cap Fund overview

Expense ratio	0.98% as on Feb 02, 2026
Exit load	1.0% Exit load of 1% if redeemed within 1 year!
AUM (Fund size)	₹40,604 Cr
Lock-in Period	Nil
Age	13 yrs 1 m since Jan 01, 2013
Benchmark	NIFTY 100 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
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 Large Cap 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 Feb 03, 2026

Period	This fund	Category average
1 Month	-4.29%	-4.34%
3 Months	-2.16%	-3.25%
6 Months	1.27%	0.54%
1 Year	7.05%	7.85%
2 Years	7.31%	9.66%
3 Years	15.48%	15.42%
4 Years	13.51%	11.58%
5 Years	15.08%	13.14%
7 Years	14.39%	13.7%
10 Years	15.55%	13.59%

View returns in detail

Asset allocationas on Dec 31, 2025

Large Cap 86.4%

Mid Cap 12.44%

Small Cap 0%

Other Cap 0%

Top holdings

HDFC Bank Ltd.9.34%

ICICI Bank Ltd.9.0%

Bharti Airtel Ltd.6.18%

Reliance Industries Ltd.6.09%

Top sectors

Financial 33.760000000000005%

Healthcare 10.44%

Automobile 10.1%

Energy 8.5%

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 1.25%

Other Holdings

Others 1.25%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
HDFC Large Cap Fund	-4.29%	1.27%	7.05%	15.48%	15.08%	15.55%
ICICI Prudential Large Cap Fund	-4.52%	1.97%	10.29%	17.83%	16.13%	16.31%
Nippon India Large Cap Fund	-4.22%	0.96%	9.55%	19.0%	18.5%	16.65%
Canara Robeco Large Cap Fund	-4.15%	0.26%	7.1%	15.69%	13.54%	16.32%
Edelweiss Large Cap Fund	-4.15%	2.53%	8.13%	16.06%	14.31%	15.35%
Baroda BNP Paribas Large Cap Fund	-3.92%	0.92%	7.14%	16.45%	14.19%	15.07%

Fund name	Std. deviation	Beta	Sharpe	Sortino
HDFC Large Cap Fund	11.38	0.93	0.85	1.29
ICICI Prudential Large Cap Fund	11.13	0.91	1.03	1.63
Nippon India Large Cap Fund	11.48	0.93	1.11	1.7
Canara Robeco Large Cap Fund	11.04	0.92	0.91	1.37
Edelweiss Large Cap Fund	11.59	0.96	0.89	1.27
Baroda BNP Paribas Large Cap Fund	11.96	0.97	0.88	1.26

Fund name	ETM Rank	AUM	Fund age	Expense ratio
HDFC Large Cap Fund	N.A.	40,604 Cr	13 yrs 1 m	0.98%
ICICI Prudential Large Cap Fund	N.A.	78,502 Cr	13 yrs 1 m	0.85%
Nippon India Large Cap Fund	N.A.	50,876 Cr	13 yrs 1 m	0.66%
Canara Robeco Large Cap Fund	N.A.	17,493 Cr	13 yrs 1 m	0.5%
Edelweiss Large Cap Fund	N.A.	1,456 Cr	13 yrs 1 m	0.59%
Baroda BNP Paribas Large Cap Fund	N.A.	2,702 Cr	13 yrs 1 m	0.82%

View all Large Cap funds

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

Alpha	1.25 vs. 4.75 Underperformed at beating benchmark
Sharpe	0.85 vs. 4.84 Poor risk-adjusted returns
Beta	0.93 vs. 0.97 Less sensitive to market ups & downs
Standard deviation	11.38 vs. 10.0 More volatile performance

About this fund

About HDFC Large Cap Fund

HDFC Large Cap Fund Direct-Growth is a Large Cap mutual fund scheme from Hdfc Mutual Fund. This fund has been in existence for 13 yrs 1 m, having been launched on 01/01/2013. HDFC Large Cap Fund Direct-Growth has ₹40,604 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of HDFC Large Cap Fund Direct-Growth as of 02/02/2026 is ₹1234.97. The fund has an expense ratio of 0.98%, which is higher than what most other Large Cap funds charge.

HDFC Large Cap Fund Direct-Growth returns of last 1-year are 6.26%. Since launch, it has delivered 13.73% average annual returns. The fund has doubled the money invested in it every 5 yrs.
HDFC Large Cap 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 above average.
The fund has the majority of its money invested in Financial, Healthcare, Automobile, Energy, Services sectors. It has taken less exposure in Financial, Healthcare sectors compared to other funds in the category.
The fund's top 5 holdings are in HDFC Bank Ltd., ICICI Bank Ltd., Bharti Airtel Ltd., Reliance Industries Ltd., Kotak Mahindra Bank Ltd..

...

Fund AUM	40,604 Cr as on Dec 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.

Rahul Baijal

Mr. Baijal has done PGDM(MBA) from IIM Calcutta and is an engineering graduate of Delhi college of Engineering Prior to joining Sundaram Mutual Fund, he has worked with Bharti AXA Life Insurance, TVF Capital, HSBC Securities, Credit Suisse Securities & Standard Chartered Bank.

Investment objective

The scheme seeks to provide long-term capital appreciation/income by investing predominantly in Large-Cap companies.

HDFC Mutual Fund details

No. of schemes	78 view all schemes
Total AUM	9,43,197 Cr as on Dec 31, 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.	2,452 Cr	9.18%	25.14%
HDFC Mid Cap Fund	N.A.	92,642 Cr	13.4%	24.19%
HDFC Small Cap Fund	N.A.	37,753 Cr	6.19%	23.32%
HDFC Focused Fund	N.A.	26,537 Cr	11.45%	23.07%
HDFC Flexi Cap Fund	N.A.	96,295 Cr	12.52%	21.54%
HDFC Dividend Yield Fund	N.A.	6,105 Cr	6.76%	19.96%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of HDFC Large Cap Fund Direct-Growth?

The current Net Asset Value (NAV) of the HDFC Large Cap Fund - Direct Growth plan is approximately ₹1234.974 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The HDFC Large Cap Fund Direct-Growth is a 13 yrs 1 m old fund and has delivered average annual returns of 13.73% since inception.

HDFC Large Cap Fund Direct-Growth Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
7.05%	15.48%	15.08%	15.55%	13.73%

How much does this mutual fund charge as expense ratio?

The HDFC Large Cap Fund - Direct Growth has an expense ratio of 0.98%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

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

The HDFC Large Cap Fund currently has assets under management (AUM) or fund size valued at approximately 40,604 Cr as on Dec 31, 2025.

What are the top stock holdings of HDFC Large Cap Fund?

The HDFC Large Cap Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
HDFC Bank Ltd.	9.34%
ICICI Bank Ltd.	9.0%
Bharti Airtel Ltd.	6.18%
Reliance Industries Ltd.	6.09%
Kotak Mahindra Bank Ltd.	4.42%
Titan Company Ltd.	4.11%
Axis Bank Ltd.	3.35%
Infosys Ltd.	3.15%
Ambuja Cements Ltd.	3.05%
Torrent Pharmaceuticals Ltd.	3.02%

What are the top sectors HDFC Large Cap Fund has invested in?

The HDFC Large Cap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	33.760000000000005%
Healthcare	10.44%
Automobile	10.1%
Energy	8.5%
Services	6.860000000000001%
Communication	6.18%
Consumer Staples	4.5600000000000005%
Consumer Discretionary	4.15%
Materials	3.9899999999999998%
Technology	3.15%

What is risk level of HDFC Large Cap Fund?

This is a Large Cap 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 Large Cap Fund Direct-Growth?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

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 Large Cap Fund - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the HDFC Large Cap Fund is complete.

How can I redeem my investments in HDFC Large Cap Fund?

Redeeming your investments in the HDFC Large Cap Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

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

ET Money rank

App exclusive

in Large Cap

#NA

Return Outperformance: This fund has generated highest return amongst Large Cap funds in the last 10 Years.
Chance: This fund has generated a 11.72% annual return in 70% of times for investors holding for at least 5 years.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 1% if redeemed within 1 year