HDFC Technology Fund
The fund remains heavily concentrated in IT software, which accounts for nearly 60% of assets, with a meaningful telecom tilt through Bharti Airtel's outsized 15% weight. The manager is rotating within tech quality, trimming established IT heavyweights Infosys and HCL in favour of Coforge, signalling confidence in mid-cap tech players and mid-cycle software services strength. The minimal cash position and concentrated top-5 weighting reflect a high-conviction, growth-tilted approach suited for investors comfortable with sector bets.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Primary | ₹10.5940 | -8.59% | -21.77% | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Highly DifferentiatedActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight | |
|---|---|---|
| No new entries this month | ||
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Bharti Airtel Ltd. INE397D01024 | 15.22% |
| 2 | Infosys Limited INE009A01021 | 13.67% |
| 3 | Tata Consultancy Services Ltd. INE467B01029 | 11.40% |
| 4 | HCL Technologies Ltd. INE860A01027 | 7.64% |
| 5 | MphasiS Limited. INE356A01018 | 5.49% |
| 6 | Tech Mahindra Ltd. INE669C01036 | 5.05% |
| 7 | Zensar Technologies Ltd. INE520A01027 | 3.92% |
| 8 | INFO EDGE (INDIA) LIMITED INE663F01032 | 3.72% |
| 9 | Coforge Limited INE591G01025 | 3.39% |
| 10 | Firstsource Solutions Ltd. INE684F01012 | 3.35% |
| 11 | Eternal Limited INE758T01015 | 3.24% |
| 12 | Hexaware Technologies Ltd. INE093A01041 | 3.05% |
| 13 | Sonata Software Ltd. INE269A01021 | 2.59% |
| 14 | Sagility Limited INE0W2G01015 | 2.53% |
| 15 | Amagi Media Labs Limited INE121R01077 | 2.13% |
| 16 | Wipro Ltd. INE075A01022 | 1.52% |
| 17 | Tata Communications Limited INE151A01013 | 1.43% |
| 18 | Indus Towers Limited INE121J01017 | 1.42% |
| 19 | Brainbees Solutions Limited (FirstCry) INE02RE01045 | 1.41% |
| 20 | Bharti Hexacom Limited INE343G01021 | 1.23% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does HDFC Technology Fund hold?
HDFC Technology Fund holds 28 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 53.42% of NAV.
What is the largest holding in HDFC Technology Fund?
The largest position in HDFC Technology Fund is Bharti Airtel Ltd., accounting for 15.22% of NAV in the Telecom - Services sector.
Is HDFC Technology Fund a concentrated or diversified fund?
With a Gini coefficient of 0.522, HDFC Technology Fund is moderately concentrated. The HHI concentration index is 76,637 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 53.42% of the portfolio.
What is the market cap allocation of HDFC Technology Fund?
Based on SEBI's AMFI classification, HDFC Technology Fund's equity portfolio is split as: Large Cap: 57.74%, Mid Cap: 21.88%, Small Cap: 17.02%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does HDFC Technology Fund invest in most?
HDFC Technology Fund has the highest allocation to IT - Software (59.40%), Telecom - Services (19.30%), Retailing (8.37%). The fund is invested across 7 sectors in total.
How actively managed is HDFC Technology Fund compared to other Sectoral / Thematic funds?
HDFC Technology Fund has an Active Share of 88.97%, classifying it as "Highly Differentiated" among 237 Sectoral / Thematic peers. This means the fund takes significantly different stock positions compared to its category peers.