HDFC MNC Fund
HDFC MNC Fund is a sectoral / thematic fund of HDFC Asset Management Company Limited with ₹526 cr under management. It is ahead of its benchmark (Nifty MNC TRI) in 0 of 2 periods. Its direct plan charges 1.85% a year. Amar Kalkundrikar has managed it for 3.9 years.
Has HDFC MNC Fund beaten its benchmark?
Ahead of its benchmark, Nifty MNC TRI, in 0 of 2 periods in AMFI's figures; −1.16% over the last year against +1.44%.
Period returns
Direct Plan, growth · 3y and longer a year| Period | Fund | Nifty 500 TRI | Ahead |
|---|---|---|---|
| 1 month | −4.54% | −3.60% | — |
| 3 months | −0.93% | −5.03% | — |
| 6 months | +5.99% | −1.83% | — |
| 1 year | −1.16% | −4.06% | +2.90 pts |
| 3 years | +5.96% | +9.27% | −3.31 pts |
| 5 years | — | +8.00% | — |
| 10 years | — | +12.69% | — |
| Since start from 9 Mar 2023 | +9.61% | — | — |
Official figures
AMFI performance feed, 13 Oct 2026| Period | Direct | Regular | Benchmark | Ahead | Rank |
|---|---|---|---|---|---|
| 1y | −1.16% | −2.25% | +1.44% | −2.60 | 🔒 |
| 3y | +5.95% | +4.72% | +11.41% | −5.46 | 🔒 |
| 5y | — | — | — | — | — |
| 10y | — | — | — | — | — |
Value of 100, month-end
Mar 2023 to 13 Oct 2026₹100 put in at the start of Mar 2023 would be ₹139 on 13 Oct 2026, against ₹157 in the Nifty 500 TRI.
What does HDFC MNC Fund cost?
1.85% a year on the direct plan, 2.88% on the regular plan; 160 of 174 funds in its category charge less.
Who manages HDFC MNC Fund?
Amar Kalkundrikar, since 30 Nov 2022; Gopal Agrawal, since 1 Sep 2026; Bhagyesh Kagalkar, since 26 Aug 2026.
What does HDFC MNC Fund hold?
46 holdings as of 30 Sep 2026; the ten largest are 47.2% of the fund, the largest Maruti Suzuki India Limited at 8.1%.
Mix
Holdings as of 30 Sep 2026Five largest industries
% of fundBy company size
% of equity · SEBI size listsHow does HDFC MNC Fund score against its category?
Seven scores against funds of its kind, and the warning signs it trips.
Are the companies inside any good?
The holdings by valuation, forensic risk, business quality and balance sheet, weighted by their share of the fund.
How is HDFC MNC Fund run?
Turnover, what it bought and sold, its cash and its record in new listings, from its monthly holdings files.
Which funds hold much the same?
The index it is nearest and the funds whose holdings overlap most.
Funds that hold much the same
% of holdings in commonHow much is in its sponsor's own group?
Holdings in companies of the fund house's sponsor group, beside the index.
Questions people ask
Who manages HDFC MNC Fund?
Amar Kalkundrikar (manager) since 30 Nov 2022; Gopal Agrawal (manager) since 1 Sep 2026; Bhagyesh Kagalkar (manager) since 26 Aug 2026.
What is the expense ratio of HDFC MNC Fund?
1.85% a year on the direct plan and 2.88% on the regular plan (expense report, Oct 2026).
How has HDFC MNC Fund done?
Its direct plan returned +5.95% a year over 3 years against +11.41% for its benchmark, Nifty MNC TRI, as of 13 Oct 2026.
See HDFC MNC Fund beside your own funds in Valarth
