HDFC Housing Opportunities Fund Direct - Growth
NAV as of Jul 17, 2026
23.740.56%
- Growth - Direct
(Earn upto 0.82% Extra Returns with Direct Plan)
Fund Category:
Equity: Thematic-Other
Expense Ratio:
1.43%(1.31% Category
average)Fund Size:
Rs. 1,192.72 Cr(1.11% of Investment in Category)
HDFC Housing Opportunities Fund Direct - Growth
NAV as of Jul 17, 2026
23.740.56%
Expense Ratio:
1.43%
Fund Size:
Rs. 1,192.72 Cr
Fund Category:
Equity: Thematic-Other
1. Current NAV: The Current Net Asset Value of the HDFC Housing Opportunities Fund - Direct Plan as of Jul 17, 2026 is Rs 23.74 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: -3.88% (1yr), 13.58% (3yr), 13.42% (5yr) and 10.55% (since launch). Whereas, Category returns for the same time duration are: 2.28% (1yr), 14.99% (3yr) and 13.82% (5yr).
3. Fund Size: The HDFC Housing Opportunities Fund - Direct Plan currently holds Assets under Management worth of Rs 1192.72 crore as on Jun 30, 2026.
4. Expense ratio: The expense ratio of the fund is 1.43% for Direct plan as on Jul 14, 2026.
5. Exit Load: HDFC Housing Opportunities Fund - Direct Plan shall attract an Exit Load, "Exit load of 1%, if redeemed within 30 days."
6. Minimum Investment: Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
HDFC Housing Opportunities Fund Direct - Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 0.10 -0.32 -1.82 -3.88 13.58 13.42 Category Avg 1.43 3.96 3.07 2.28 14.99 13.82 Rank within Category 41 49 41 32 12 8 No. of funds within Category 66 65 60 49 21 15 - Loading...
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Return Comparison
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HDFC Housing Opportunities Fund Direct - Growth Fund Details
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.
| Fund House | HDFC Mutual Fund |
| Launch Date | Dec 06, 2017 |
| Benchmark | Nifty Housing Total Return Index |
| Return Since Launch | 10.55% |
| Riskometer | Very High |
| Type | Open-ended |
| Risk Grade | - |
| Return Grade | - |
HDFC Housing Opportunities Fund Direct - Growth Investment Details
| Minimum Investment (Rs.) | 100.00 |
| Minimum Additional Investment (Rs.) | 100.00 |
| Minimum SIP Investment (Rs.) | 100.00 |
| Minimum Withdrawal (Rs.) | 100.00 |
| Exit Load Exit load of 1%, if redeemed within 30 days. | |
Portfolio Allocation
Asset Allocation
Asset Allocation History
Sector Allocation
Market Cap Allocation
Concentration & Valuation Analysis
| JUN 2026 | MAY 2026 | APR 2026 | MAR 2026 | FEB 2026 | JAN 2026 | |
|---|---|---|---|---|---|---|
| Number of Holdings | 33 | 34 | 35 | 34 | 35 | 35 |
| Top 5 Company Holdings | 38.33% | 37.7% | 39.14% | 40.81% | 41.0% | 40.95% |
| Top 10 Company Holdings | 62.22% | 61.35% | 62.58% | 65.62% | 66.0% | 65.69% |
| Company with Highest Exposure | Larsen & Toubro (8.68%) | Larsen & Toubro (8.57%) | Larsen & Toubro (8.31%) | Larsen & Toubro (8.71%) | Larsen & Toubro (9.42%) | HDFC Bank (9.31%) |
| Number of Sectors | 8 | 8 | 8 | 8 | 8 | 8 |
| Top 3 Sector Holdings | 66.69% | 63.58% | 64.4% | 64.55% | 66.82% | 68.39% |
| Top 5 Sector Holdings | 82.2% | 80.86% | 81.52% | 83.2% | 84.03% | 85.2% |
| Sector with Highest Exposure | Financial (33.0%) | Financial (31.06%) | Financial (32.24%) | Financial (32.04%) | Financial (32.55%) | Financial (33.38%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) Larsen & Toubro Construction 8.68 - - 0.11 HDFC Bank Financial 8.36 - - 0.53 ICICI Bank Financial 7.78 - - 0.65 NTPC Energy 7.48 - - -0.66 State Bank of India Financial 6.03 - - 0.35 Ambuja Cements Materials 5.66 - - -0.37 Ultratech Cement Materials 4.72 - - 0.37 Kalpataru Projects Intl. Capital Goods 4.59 - - 0.20 Axis Bank Financial 4.51 - - 0.18 Tata Steel Metals & Mining 4.41 - - -0.49
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y HDFC Housing Opportunities Fund Direct - Growth 23.74 Unrated 1,192.72 0.10 -3.88 13.58 13.42 HDFC Defence Fund Direct-Growth 30.10 Unrated 10,529.25 0.04 19.49 41.31 - Aditya Birla Sun Life Conglomerate Fund Direct-Growth 11.18 Unrated 1,628.34 1.18 3.14 - - JioBlackRock Sector Rotation Fund Direct-Growth 10.01 Unrated 159.55 1.12 - - - ICICI Prudential Multi Sector Passive FoF Direct-Growth 178.61 Unrated 240.47 1.38 3.68 14.22 13.61
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
High Volatality
18.29VS17.19Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
High Volatality
1.13VS1.02Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Poor risk-adjusted returns
0.51VS0.66Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Poor risk-adjusted returns
8.26VS11.11Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Poor risk-adjusted returns
1.18VS4.33Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Poor average monthly returns
15.13VS17.46Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
HDFC Mutual Fund News
- Rs 1,839 crore Biocon block deal: ICICI Pru MF biggest buyer along with Citi and Goldman Sachs
- HDFC Defence Fund raises stake in Mazagon Dock, Tata Motors and 3 others in June
- Adani Enterprises QIP gets nearly 4x bids, successfully raises Rs 15,000 crore
- HDFC Mid Cap Fund hits Rs 1 lakh crore AUM milestone; delivers 17% CAGR since inception
Fund Manager
- A.K.Amar KalkundrikarSince Jan 201923 schemes
- S.R.Srinivasan RamamurthySince Jan 202410 schemes
Mr. Kalkundrikar has done B.Com, CA, CFA, and MBA from Columbia Business School. Prior to joining HDFC Asset Management Company Limited, he has worked with Nippon India Mutual Fund, and HDFC AMC. He worked with multiple roles at HDFC MF.
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.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y HDFC Balanced Advantage Fund Direct-Growth Dynamic Asset Allocation 570.88 1,06,456.16 1.28 HDFC Multi-Asset Active FoF Direct-Growth Multi Asset Allocation 20.65 5,938.41 7.43 HDFC Retirement Savings Fund - Equity Plan Direct-Growth Flexi Cap 55.98 6,832.14 -3.22 HDFC Multi-Asset Allocation Fund Direct-Growth Multi Asset Allocation 84.23 5,881.41 5.55 HDFC Hybrid Debt Fund Direct-Growth Conservative Hybrid 90.07 3,264.63 2.63 HDFC Retirement Savings Fund - Hybrid Equity Plan Direct-Growth Aggressive Hybrid 43.06 1,613.52 -2.71 HDFC Retirement Savings Fund - Hybrid Debt Plan Direct-Growth Conservative Hybrid 24.96 149.65 2.03 HDFC Equity Savings Direct Plan-Growth Equity Savings 76.68 5,639.52 3.86 HDFC Hybrid Equity Fund Direct Plan-Growth Aggressive Hybrid 125.04 22,367.86 -3.95 HDFC Diversified Equity All Cap Active FoF Direct - Growth Flexi Cap 10.21 Unrated 2,544.89 -
More HDFC Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| HDFC Balanced Advantage Fund Direct-Growth | 1,04,016.21 | 2.03 | 6.42 | -2.82 | 0.88 | 15.11 | |
| HDFC Flexi Cap Direct Plan-Growth | 1,01,821.82 | 2.63 | 9.00 | -3.25 | 2.31 | 18.42 | |
| HDFC Mid Cap Fund Direct-Growth | 97,350.48 | 2.85 | 14.11 | 0.78 | 8.25 | 21.61 | |
| HDFC Liquid Direct Plan-Growth | 67,998.37 | 0.62 | 1.83 | 3.30 | 6.30 | 6.96 | |
| HDFC Small Cap Fund Direct- Growth | 38,809.48 | 3.51 | 16.13 | -0.75 | 2.53 | 15.53 | |
| HDFC Large Cap Fund Direct-Growth | 37,808.31 | 2.16 | 7.88 | -5.93 | -1.10 | 12.15 | |
| HDFC Corporate Bond Fund Direct Plan-Growth | 31,066.99 | 2.05 | 2.18 | 2.53 | 4.83 | 7.39 | |
| HDFC Money Market Fund Direct-Growth | 28,704.74 | 0.95 | 1.82 | 3.11 | 6.23 | 7.36 | |
| HDFC Large and Mid Cap Fund Direct- Growth | 28,515.33 | 2.44 | 13.45 | -2.23 | 2.00 | 17.14 | |
| HDFC Focused Fund Direct-Growth | 26,082.42 | 3.48 | 8.60 | -3.73 | 1.46 | 18.34 |
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1. HDFC Housing Opportunities Fund - Direct Plan is Open-ended Thematic-Other Equity scheme which belongs to HDFC Mutual Fund House.
2. The fund was launched on Dec 06, 2017.
Investment objective & Benchmark
1. The investment objective of the fund is that " 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. "
2. It is benchmarked against Nifty Housing Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 95.22% in equities, 0.0% in debts and 4.78% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 62.22% of the assets, the top 3 sectors constitute around 66.69% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on HDFC Housing Opportunities Fund Direct - Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
This Might Catch Your Interest
FAQs about HDFC Housing Opportunities Fund Direct - Growth
- Is it safe to invest in HDFC Housing Opportunities Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the HDFC Housing Opportunities Fund - Direct Plan comes under Very High risk category.
- What is the category of HDFC Housing Opportunities Fund - Direct Plan?HDFC Housing Opportunities Fund - Direct Plan belongs to the Equity : Thematic-Other category of funds.
- How Long should I Invest in HDFC Housing Opportunities Fund - Direct Plan?The suggested investment horizon of investing into HDFC Housing Opportunities Fund - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the HDFC Housing Opportunities Fund - Direct Plan?The HDFC Housing Opportunities Fund - Direct Plan is managed by Amar Kalkundrikar (Since Jan 10, 2019) and Srinivasan Ramamurthy (Since Jan 12, 2024).
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