HDFC-Top 200
This open-ended growth fund has an impressive past history of delivering returns across market cycles in the long term. It invests 90% in about 65 stocks predominantly from the BSE 200 basket.
January 18, 2012 / 11:27 IST
Fund managers: Prashant Jain and Miten Lathia
This open-ended growth fund has an impressive past history of delivering returns across market cycles in the long term. It invests 90% in about 65 stocks predominantly from the BSE 200 basket. The remaining is put into debt instruments. The most attractive aspect of this fund is its ability to protect investor wealth in case of a market downturn. Sectors that HDFC-Top 200 has maximum exposure to are financials, power and IT, which account for 48% of total holding. The top ten stocks make for 44% of the total portfolio, while the concentration of top five stocks has dipped quite significantly to near 28% recently. It has been observed to cross 40% at times. According to data on their site, the total asset under management currently stands at Rs 10,692 crore. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
