Dec 21, 2015 04:41 PM
28192 Views
(Updated Dec 22, 2015 12:17 PM)
HDFC Equity Fund and Top 200 Fund have a track record of 20 years and 19 years respectively. They have great long-term data.
Since inception, these funds have delivered a CAGR of 20 per cent and 21 per cent as against benchmark returns of 9.7 per cent and 13.3 per cent respectively.
The original money invested in HDFC Equity Fund and HDFC Top 200 Fund has appreciated to approx 44 times and 39 times respectively since inception.
This has been possible because fund manager have followed a process of investing in reasonable quality and attractively valued businesses. Good businesses are available at attractive valuations when these are passing through challenging times. While this approach creates good wealth over medium to long term, it can and does impact performance in the short run.
Prashant Jain is one of the best fund manager you will find & he handle these two funds & has proven track record.
The NAV & statement updates are sent every month & one can do SIP of min Rs.500 in these funds to start wealth creation journey.
I think it is best time to enter these funds.
