HDFC Technology Fund vs LIC MF Technology Fund
HDFC Technology Fund and LIC MF Technology Fund are both Technology Funds. As of 5 Nov 2026 (Direct plan, Growth option): 3-year CAGR +9.71% vs —, 5-year CAGR — vs —, volatility 21.77% vs —, maximum drawdown −30.60% vs −6.84%. Their portfolios overlap by 40.8% (11 stocks held by both).
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| HDFC Technology | LIC MF Technology | |
|---|---|---|
| Fund house | HDFC Mutual Fund | LIC Mutual Fund |
| Compared as | Technology Funds | Technology Funds |
| NAV | ₹12.9140 | ₹11.6784 |
| NAV date | 5 Nov 2026 | 5 Nov 2026 |
| Launched (first NAV) | 8 Sep 2023 | 19 Mar 2026 |
| Track record | 3.2 yrs | 0.6 yrs |
| Fund size (AUM) | ₹1,371 Cr | ₹90 Cr |
| Securities held | 27 | 30 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| HDFC Technology | LIC MF Technology | |
|---|---|---|
| 1 month | +10.79% | +6.32% |
| 3 months | +3.30% | +3.48% |
| 6 months | +14.66% | +10.78% |
| 1 year | −6.62% | — |
| 3 years (CAGR) | +9.71% | — |
| 5 years (CAGR) | — | — |
| 7 years (CAGR) | — | — |
| 10 years (CAGR) | — | — |
| Since launch (CAGR) | +8.41% | — |
| SIP return (XIRR, 5 years) ⓘ | — | — |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| HDFC Technology | LIC MF Technology | |
|---|---|---|
| 2026 (year to date) | −9.12% | — |
| 2025 | −4.32% | — |
| 2024 | +34.90% | — |
Risk
| HDFC Technology | LIC MF Technology | |
|---|---|---|
| Volatility (annualised) ⓘ | 21.77% | — |
| Downside volatility ⓘ | 14.67% | — |
| Sharpe ratio ⓘ | 0.15 | — |
| Sortino ratio ⓘ | 0.22 | — |
| Maximum drawdown ⓘ | −30.60% | −6.84% |
| Recovery from that fall | — | 1 months |
| Current fall from peak | −16.72% | 0.00% |
| Rolling 1-year return: worst | −25.27% | — |
| Rolling 1-year return: median | −2.78% | — |
| Rolling 1-year return: best | +49.04% | — |
| Share of 1-year periods with a loss | 56.93% | — |
Against each fund's benchmark
| HDFC Technology | LIC MF Technology | |
|---|---|---|
| Beta ⓘ | 0.82 | — |
| Alpha (Jensen's, annualised) ⓘ | +1.23% | — |
| R² ⓘ | 33.88 | — |
| Upside capture | 79.69% | — |
| Downside capture | 62.12% | — |
| Tracking error | 18.16% | — |
| Information ratio | -0.04 | — |
| Treynor ratio | 3.52 | — |
Portfolio
Asset mix
| HDFC Technology | LIC MF Technology | |
|---|---|---|
| Equity | 98.50% | 87.56% |
| Cash & equivalents | 1.50% | 12.43% |
Market-cap split (share of fund assets)
| HDFC Technology | LIC MF Technology | |
|---|---|---|
| Large Cap | 52.02% | 38.45% |
| Mid Cap | 18.71% | 35.18% |
| Small Cap | 24.50% | 13.50% |
| Unclassified | 3.27% | 0.43% |
Concentration
| HDFC Technology | LIC MF Technology | |
|---|---|---|
| Top 10 holdings | 69.23% | 52.55% |
| Effective number of stocks ⓘ | 15.4 | 26.4 |
| Securities held | 27 | 30 |
Portfolio overlap: 40.8%
11 companies are held by both funds; by weight, 40.8% of the two portfolios is the same. That is a moderate overlap.
| Held by both | HDFC Technology | LIC MF Technology |
|---|---|---|
| Bharti Airtel Limited | 13.74% | 9.04% |
| Infosys Limited | 11.14% | 7.38% |
| Tech Mahindra Limited | 5.12% | 5.10% |
| Tata Consultancy Services Limited | 9.16% | 4.79% |
| Eternal Limited | 3.94% | 5.51% |
| Coforge Limited | 4.56% | 3.01% |
| Mphasis Ltd. | 5.03% | 2.87% |
| Tata Communications Limited | 1.42% | 3.63% |
| Indus Towers Limited | 1.32% | 1.65% |
| Persistent Systems Limited | 1.07% | 6.48% |
| PB Fintech Limited | 0.87% | 1.30% |
Top 10 holdings
HDFC Technology
- Bharti Airtel Limited13.74%
- Infosys Limited11.14%
- Tata Consultancy Services Limited9.16%
- HCL Technologies Ltd.7.60%
- Tech Mahindra Limited5.12%
- Mphasis Ltd.5.03%
- Info Edge (India) Limited4.64%
- Coforge Limited4.56%
- Firstsource Solutions Limited4.30%
- Eternal Limited3.94%
LIC MF Technology
- Bharti Airtel Limited9.04%
- Infosys Limited7.38%
- Persistent Systems Limited6.48%
- Eternal Limited5.51%
- Tech Mahindra Limited5.10%
- Tata Consultancy Services Limited4.79%
- Rategain Travel Technologies Limited3.98%
- Tata Communications Limited3.63%
- Multi Commodity Exchange of India Limited3.63%
- Coforge Limited3.01%
Sector exposure
| HDFC Technology | LIC MF Technology | |
|---|---|---|
| IT - Software | 52.88% | 33.61% |
| Telecom - Services | 17.60% | 14.32% |
| Retailing | 9.61% | 11.69% |
| Commercial Services & Supplies | 8.28% | 0.00% |
| Capital Markets | 0.00% | 6.61% |
| Electrical Equipment | 0.00% | 6.43% |
| IT - Services | 5.49% | 3.59% |
| Transport Services | 1.81% | 2.73% |
| Financial Technology (Fintech) | 0.87% | 2.61% |
| Industrial Products | 0.00% | 2.43% |
| Consumer Durables | 0.00% | 2.11% |
| Finance | 1.46% | 0.00% |
| Construction | 0.00% | 1.43% |
| Entertainment | 0.50% | 0.00% |
Questions people ask
What is the difference between HDFC Technology and LIC MF Technology returns?
As of 5 Nov 2026, Direct plan Growth option: 1-year return −6.62% vs —; 3-year CAGR +9.71% vs —; 5-year CAGR — vs —; 10-year CAGR — vs —. Past returns do not indicate future returns.
How do HDFC Technology and LIC MF Technology compare on risk?
Volatility (36 monthly returns, annualised) 21.77% vs —; Sharpe ratio 0.15 vs —; Sortino ratio 0.22 vs —; maximum drawdown −30.60% vs −6.84%; beta 0.82 vs —.
How much do HDFC Technology and LIC MF Technology overlap?
By weight, 40.8% of the two portfolios is invested in the same companies; 11 stocks are held by both, the largest shared positions being Bharti Airtel Limited, Infosys Limited, Tech Mahindra Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of HDFC Technology and LIC MF Technology?
HDFC Technology: large cap 52.0%, mid cap 18.7%, small cap 24.5%. LIC MF Technology: large cap 38.5%, mid cap 35.2%, small cap 13.5% (share of the fund's assets, from its latest disclosed portfolio).
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
More comparisons
HDFC Technology vs
LIC MF Technology vs
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Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 5 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.