Get The Latest Details Of HDFC Top 200 Fund

1. HDFC Top 100 Fund Top Performer of FY18/19

2. Introduction to HDFC Top 100 Fund • It is an open-ended scheme of HDFC Mutual Fund that falls under the category of large cap mutual funds. • The fund was launched with an objective to provide long-term capital appreciation to the investors by parking the money predominantly in the stocks of large cap companies. • Earlier, the mutual fund was known by the name HDFC Top 200 Fund, but after the categorization rule of SEBI, the name was changed to HDFC TOP 100 Fund.

3. Basic Details About HDFC Top 100 Fund • Launch Date: 11th October, 1996 • Benchmark: NIFTY 100 TRI • Minimum Investment: Rs. 5000 • Minimum SIP Investment: Rs. 500 • Assets Under Management: Rs. 16,610 Crore (as on 31st March, 2019) • Expense Ratio: 2.08% (as on 31st March, 2019) • Exit Load: 1%, if the redemption is made within 365 days • Risk: Moderately High

4. Investment Style • HDFC Top 100 Fund follows a blend style of investment and invests in a combination of growth and value stocks. • In the market capitalization, the mutual fund mainly targets the stocks of large cap companies. • The fund doesn't allocate any assets in the small cap stocks which safeguards this fund from market risk.

5. Portfolio Analysis • 99.42% is the percentage of assets allocated to the equities and the rest is ploughed in the money market instruments. • Large cap companies holds 91.58% of the assets in the equity market and the rest (8.42%) is diversified in the midcap companies.

6. Sector Allocation • Finance sector is currently following a bullish trend and due to this the sector holds the maximum percentage of asset allocation, i.e., 38.55%. • HDFC Top 100 Fund has also diversified the assets in the large number of promising sectors as well such as, energy, technology, construction, FMCG, etc.

7. Past Performance • The fund has a glorious past record. • In the FY 18/19, when many actively-managed fund underperformed, HDFC Top 100 Fund emerged as the leading large cap fund surpassing all the remaining fund in the category. The fund surged 17.16% of returns even in the market volatility of 2018.

8. About the Fund Manager • Prashant Jain: He is managing the fund since January, 2002. He holds a B.Tech degree from IIT, Kanpur and a PGDM degree from IIM, Bangalore. He is also the Chief Investment Officer, Executive Director of HDFC Asset Management Company, Ltd. • Amar Kalkundrikar: He started managing the fund from January, 2019. He is a B.Com, CA, CFA, and MBA graduate. He has over 16 years of experience in the finance market.

9. Tips Before Investing in HDFC Top 100 Fund • Risk Appetite: Before investing in this fund make sure that you have a moderately high risk appetite. Although, the past performance is great but that doesn't guarantee success in future. • Time Horizon: According to your desired financial goal, decide the time period of your investment. According to the financial experts, always try to maintain a long term investment perspective. • Balanced Portfolio: Don't park your surplus cash in just one fund. Always try to maintain a balanced portfolio.

10. Conclusion Large cap stocks have showcased stable growth along with good recovery rate in the past. Among all the large cap funds, HDFC Top 100 Fund is one of the best mutual funds that has surged exceptional gains even in the volatility of 2018 when many peer fund performed badly. The fund is a perfect option for an individual who wants to generate stable gains. Also, the market is expected to remain bullish in the future, thus grab the market opportunity and make a wise decision of parking your cash in this large cap fund of HDFC Mutual Fund.