| Risk | Moderately High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 2.31% |
| NAV | ₹491.98 (01 Jun 2018) |
|---|---|
| Fund Started | 01 Feb 1994 |
| Fund Size | ₹39,431 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Infosys Ltd. | Technology | Equity | 7.3% |
| Larsen & Toubro Ltd. | Construction | Equity | 7.0% |
| ICICI Bank Ltd. | Financial | Equity | 7.0% |
| State Bank of India | Financial | Equity | 6.7% |
| Tata Sons Ltd. | Financial | Debenture | 4.3% |
| State Bank of India | Financial | Bonds | 3.9% |
| Power Grid Corporation of India Ltd. | Energy | Equity | 3.8% |
| National Thermal Power Corp. Ltd. | Energy | Equity | 3.7% |
| HDFC Bank Ltd. | Financial | Bonds | 2.5% |
| GAIL (India) Ltd. | Energy | Equity | 2.3% |
HDFC Prudence Growth is a Hybrid Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was made available to investors on 01 Feb 1994. Prashant Jain is the Current Fund Manager of HDFC Prudence Growth fund.The fund currently has an Asset Under Management(AUM) of ₹39,431 Cr and the Latest NAV as of 01 Jun 2018 is ₹491.98.
The HDFC Prudence Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. For units in excess of 15% of the investment, 1% will be charged for redemption within 365 days
The fund aims to provide periodic returns and capital appreciation over a long period of time, from a judicious mix of equity and debt investments, with the aim to prevent/ minimise any capital erosion.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.