A SIP of Rs 10,000 invested on the first business day of every month would be Rs 6.88 crore. The scheme gave 13.86% and 13.75% on SIP investments made for a period of 10 and 15 years.
The scheme follows a bottom up approach for stock picking blended with top down sector and macro trends. The scheme follows a diversified style with a blend of GARP (growth at reasonable price) and value.
The portfolio construction of the scheme is based on risk-reward of opportunities available at any given point in time. The scheme will invest more than 80% of the portfolio in the well-established large cap companies. The core of the portfolio construction is from a medium to long term perspective.
The scheme focuses on risk management with active positions being taken in a controlled manner while ensuring compliance with regulatory and internal risk guidelines.
The portfolio of the scheme is well diversified in number of stocks and the fund manager takes measured sector deviations calls against the benchmark.”HDFC Top 100 Fund’s consistent performance over the past 27 years is a testament to our rigorous research, disciplined investment approach, and a focus on well-established businesses. Large-cap stocks offer stability and better risk adjusted return, making them an attractive option for investors looking for investment opportunities over the long term,” said Rahul Baijal, Senior Fund Manager – Equities, HDFC Mutual Fund.
