HDFC Nifty100 Quality 30 Index Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?

HDFC Nifty100 Quality 30 Index Fund Direct Growth Plan has a NAV of ₹10.5067 as of 15 Sep 2026 and an AUM of ₹143 Cr. Its 1-year, 3-year and 5-year returns are -3.42%, 0% and 0%, and it sits in the High Risk bucket.

Our view is that this is a quality-focused index fund for investors who can accept uneven short-term performance in exchange for a rules-based portfolio that leans toward established businesses. The recent numbers are softer than the benchmark, so the fund looks more suitable for a patient, long-horizon allocation than for investors who want steady near-term gains.

Quick facts

Particular	Details
NAV	₹10.5067 as of 15 Sep 2026
AUM	₹143 Cr
Expense Ratio	0.4%
Launch Date	20 Feb 2025
Min SIP	₹100
Risk Category	High Risk
Benchmark	Nifty 50
Fund Category	Index Funds
Exit Load	No exit load
Fund Managers	Arun Agarwal, Nandita Menezes

The fund is managed by Arun Agarwal and Nandita Menezes.

Source data date: as of 15 Sep 2026

Performance

Period	Fund return	Benchmark return
1M	-5.32%	-4.81%
3M	-0.69%	-3.63%
1Y	-3.42%	-8.27%
3Y	Data not available	Data not available
5Y	Data not available	Data not available

The fund’s short-term path has been choppy, with the 1-month return weaker than the benchmark while the 3-month figure stayed less negative than the benchmark. That tells us the recent sell-off has not been perfectly smooth, but the fund has still held up better than the benchmark over the quarter and the year.

The 1-year return is still negative at -3.42%, so the fund has not yet translated that relative resilience into positive absolute performance. Even so, it has done materially better than the benchmark’s -8.27% over the same period, which suggests the portfolio has softened some of the benchmark’s drawdown.

Because the scheme launched on 20 February 2025, there is no meaningful 3-year or 5-year performance history to assess. We therefore read this fund more as a recent market-cycle story than a proven long-run compounding record.

For investors, that makes the near-term pattern important. The fund appears capable of tracking the benchmark with somewhat better downside containment in certain phases, but the recent negative 1-year return shows that this is still a live equity exposure, not a stable capital-protection product.

Source data date: as of 15 Sep 2026

Should you BUY or HOLD HDFC Nifty100 Quality 30 Index?

A fund's past returns alone don't tell you whether you should buy it today or continue holding it.

The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.

Already holding HDFC Nifty100 Quality 30 Index? Thinking of investing now?

Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium

Peer comparison

Fund	1Y return	3Y return	5Y return
HDFC Nifty100 Quality 30 Index Fund Direct Growth Plan	-3.42%	Data not available	Data not available
ICICI Pru NASDAQ 100 Index Fund Direct Growth Plan	32.61%	29.92%	Data not available
Tata Nifty Capital Markets Index Fund Direct Growth Plan	25.91%	Data not available	Data not available
Motilal Oswal Nifty Capital Market Index Fund Direct Growth Plan	21.71%	Data not available	Data not available
Motilal Oswal Nifty MidSmall Financial Services Index Fund Direct Growth Plan	20.15%	Data not available	Data not available
ICICI Pru Nifty Pharma Index Fund Direct Growth Plan	18.11%	18.92%	Data not available

This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.

The current fund’s 1-year return is weaker than the peer set shown here, while the stronger peer numbers point to a very different recent market environment for their underlying themes. On the longer horizon, the available peer figures also show that some funds have built positive 3-year records, but this fund does not yet have a comparable history because it is still relatively new.

That means the peer picture is mixed for interpretation. The short-term return gap is clear, yet the lack of a 3-year and 5-year track record for this scheme makes it hard to compare long-run compounding on equal terms.

Source data date: as of 15 Sep 2026

Portfolio: where your money goes

Holding	Sector	Weight
Tata Consultancy Services Ltd.	IT	5.41%
Nestle India Ltd.	FMCG	5.15%
Infosys Limited	IT	5.11%
Bharat Electronics Ltd.	Capital Goods	4.75%
HCL Technologies Ltd.	IT	4.54%
Bajaj Auto Limited	Automobile & Ancillaries	4.51%
Hindustan Unilever Ltd.	FMCG	4.27%
Maruti Suzuki India Limited	Automobile & Ancillaries	4.27%
ITC Limited	FMCG	4.19%
Britannia Industries Ltd.	FMCG	4.01%

The top 10 holdings account for approximately 46.21% of the portfolio.

To see all holdings, visit the HDFC Nifty100 Quality 30 Index Fund Direct Growth Plan page

The largest holding, Tata Consultancy Services Ltd., carries a 5.41% weight, so it is meaningful but not dominant on its own. The gap between the first and tenth holding is modest, moving from 5.41% to 4.01%, which suggests the visible holdings are fairly tightly grouped rather than sharply top-heavy.

Because the displayed top 10 holdings together account for 46.21% of the portfolio and the scheme has 30 disclosed holdings, the fund may be spread across a reasonably broad base with a long tail beyond the largest positions. That said, the IT and FMCG names in the visible set could still have greater influence on near-term outcomes simply because several of them appear among the heaviest weights.

For investors, this mix points to a portfolio that is diversified enough to avoid extreme concentration in one stock, but still concentrated enough in a handful of large companies to matter when those sectors move together.

Source data date: as of 15 Sep 2026

Who should invest

This fund fits investors who are comfortable with High Risk exposure and who can stay invested long enough to ride through stretches of negative returns. The recent 1-year result is weak, but it has still held up better than the benchmark over the same period, which may appeal to investors who value relative downside control in an index strategy.

Our view is that a longer horizon is important here because the scheme has limited history and no usable 3-year or 5-year record yet. The main trade-off is accepting equity volatility and a recent negative return pattern in exchange for a rules-based quality screen that may help the portfolio behave differently from the broad market.

Tax and exit load

Holding period	Tax rate	Description
Units held less than 1 year	20%	Short-term capital gains tax
Units held more than 1 year	12.5%	Long-term capital gains tax

Exit load: No exit load.

Source data date: as of 15 Sep 2026

Frequently asked questions

What is the current NAV of HDFC Nifty100 Quality 30 Index Fund Direct Growth Plan?
Its current NAV is ₹10.5067 as of 15 Sep 2026.

What are the fund’s 1-year, 3-year and 5-year returns?
The 1-year return is -3.42%. The 3-year and 5-year returns are both not available as meaningful track records yet.

How has the fund done against its benchmark?
Over 1 year, the fund has done better than the benchmark. The fund return is -3.42% versus the benchmark’s -8.27%.

How does the fund compare with the peer funds shown here?
Its 1-year return is lower than the peer funds listed here. Some peers also show positive 3-year records, while this fund does not yet have a comparable long-term history.

What is the minimum SIP amount?
The minimum SIP amount is ₹100.

Who manages the fund and what is the exit load?
The fund is managed by Arun Agarwal and Nandita Menezes. There is no exit load.

Bottom line

This fund’s recent performance is weaker in absolute terms, but it has still held up better than the benchmark over the 1-year period. Peer comparisons also show that the recent return trail is softer than several themed index funds, while the lack of a 3-year or 5-year record means long-run comparison is still limited. The portfolio is built around large, well-known companies, with no single holding dominating the fund. That makes it suitable for investors who want quality-screened equity exposure and can tolerate High Risk along the way.

Published on 16 September 2026 at 12:39 PM IST

Explore mutual funds with Univest

Review mutual fund data, compare performance and explore fund insights on Univest.

Explore Univest

RIA disclosure

Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.