Primarily market-linked growth exposure
The investment objective of the Scheme is to provide long-term capital appreciation by passively investing in units/shares of overseas Index Funds and/or ETFs which will in aggregate closely correspond to the MSCI World Index, subject to tracking errors.There is no assurance that the investment objective of the Scheme will be achieved.
Investors with a long horizon who can tolerate meaningful falls in value.
Share-price volatility, valuation risk, concentration and tracking risk where applicable.
How the money may be invested
Units/Shares of overseas Index Funds and/or ETFs# : 95% - 100%; Debt schemes*, Debt & Money Market Instruments,including Tri Party Repo^,Government Securities and Cash : 0% -5%; *Domestic Debt Schemes including Liquid & Overnight schemes ^or similar instruments as may be permitted by RBI/SEBI. # The Scheme will invest in Units/Shares of Index Funds and/or ETFs (“Underlying Schemes”) such that in aggregate it will endeavor to track the MSCI World Index (“the Benchmark Index”). Currently, the proposed Underlying Schemes viz. Index Funds/ETFs are as follows: a) UBS (Irl) ETF plc – MSCI USA NSL UCITS ETF A-acc USD b) UBS MSCI Europe Index Fund USD I-W-SSP acc c) UBS MSCI Canada Index Fund USD I-W-SSP acc d) UBS MSCI Pacific ex Japan Index Fund USD I-W-SSP acc For detailed asset allocation, refer Scheme Information Document (SID) available on the website.
- SEBI category
- Overseas Fund of Funds - Thematic Equity FOF
- Fund type
- An open ended fund of funds scheme investing in units/shares of overseas Index Funds and/or ETFs which will in aggregate track the MSCI World Index
- Primary benchmark
- MSCI World Index
Use the latest monthly portfolio
Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.
Manager and scheme tenure
- Fund manager(s)
- Ms. Nandita Menezes · Mr. Arun Agarwal
- Manager tenure on this scheme
- Ms. Nandita Menezes — since 29 March 2025 · Mr. Arun Agarwal — since 1 February 2022
- Role / co-management
- Ms. Nandita Menezes — Fund Manager of the Scheme · Mr. Arun Agarwal — Fund Manager of the Scheme
The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.
Latest NAV records
NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.
| Plan / option reported by AMFI | NAV | Date |
|---|---|---|
| HDFC Developed World Overseas Equity Passive FOF | ₹21.9430 | 03 Sep 2026 |
| HDFC Developed World Overseas Equity Passive FOF | ₹21.4500 | 03 Sep 2026 |
What you pay and how money moves
- Stated expense ratio
- Regular 0.60%, Direct 0.21%
- Exit load
- Exit Load of 1.00% is payable if Units are redeemed/switched-out within 30 days from the date of allotment of units. No Exit Load is payable if Units are redeemed/switched-out after 30 days from the date of allotment.
- Minimum application
- Rs.100 Note - Subscription [including by way of lumpsum, Switch-ins] shall not be accepted in the fund with effect from Mar 28, 2024 after cut-off timing i.e. 3.00 p.m · multiples of Any amount Note - Subscription [including by way of lumpsum, Switch-ins] shall not be accepted in the fund with effect from Mar 28, 2024 after cut-off timing i.e. 3.00 p.m
- SIP frequency
- For Systematic Investmet Plan (SIP) Daily, Weekly, Monthly, Quarterly, Half Yearly and Yearly For Systematic Withdrawal Advantage Plan (SWAP) Fixed SWAP - Monthly, Quarterly, Half Yearly, Yearly Variable SWAP - Quarterly, Half Yearly, Yearly For Sytematic Transfer Plan (STP) Fixed Systematic Transfer Plan (FSTP) - Daily, Weekly, Monthly, Quarterly Capital Appreciation Systematic Transfer Plan (CASTP) - Monthly, Quarterly
- Minimum SIP amount
- For SIP DSIP, WSIP, MSIP - Rs. 100; QSIP - Rs. 1500; HSIP - Rs. 2500; YSIP - Rs. 5000. For SWAP Fixed SWAP - Rs. 100; Variable SWAP - Rs. 300. For STP Fixed STP (FSTP) Daily FSTP - Rs. 500; Weekly FSTP - Rs. 500; Monthly FSTP - Rs. 1000; Quarterly FSTP -Rs. 3000. Capital Appreciation STP (CASTP) Monthly CASTP - Rs. 300; Quarterly CASTP - Rs 1000.
- Minimum instalments
- SIP: Minimum number of installments under DSIP- 2 Minimum number of Installments under WSIP and MSIP : - In respect of each SIP Installment between Rs.300 to Rs.499 in value - 20 - In respect of each SIP Installment between Rs.500 to Rs.999 in value - 12. In respect of each SIP Installment equal to or greater than Rs 1,000 in value - 6 Minimum number of installments under QSIP : - In respect of each SIP Installment between Rs.1,500 to Rs.2,999 in value- 4; In respect of each SIP Installment equal to or greater than Rs. 3,000 in value- 2 Minimum number of installments under HYSIP: - In respect of each SIP Installment equal to or greater than Rs. 2,500 in value- 2 Minimum number of installments under YSIP: - In respect of each SIP Installment equal to or greater than Rs. 5,000 in value- 1 SWP: For Fixed and Variable SWP- 2 STP: Under Daily FSTP: -where installment amount is less than Rs. 1,000 : 12 - where installment amount is equal to or greater than Rs. 1,000: 6 Under Weekly STP : - Where installment amount is less than Rs. 1,000: 12 installments - Where installment amount is equal to or greater than Rs. 1,000: 6 installments However, for weekly STP in equity linked savings schemes, there should be a minimum of 6 installments for enrollment. Under Monthly FSTP & Monthly CASTP : - Minimum 6 installments, Under Quarterly FSTP & Quarterly CASTP : - Minimum 2 installments. Further, the minimum balance in the Unit holders account or the minimum amount of application at the time of enrolment for STP in the Transferor Scheme should be Rs. 12,000. There will be no maximum duration for STP enrolment.
How a mutual-fund investment is paid
- Complete KYCIdentity, PAN, bank and contact verification are required.
- Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
- Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
- Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
- Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.
Download and verify at source
The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.
Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.