Fund Details
HDFC Prudence Growth
| 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 |
Returns
Comparison
1. Age is more than 10 years
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. 10Y Returns are higher than the category average returns
1. Asset under management(AUM) is more than 20000 Crs. Returns tend to go low once AUM exceeds a certain amount
2. Higher expense ratio - 2.30886303%
3. 1Y Returns are lower than the category average returns
Top Holdings
| 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% |
Fund Managers
HDFC Prudence Growth Details
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
Investment Objective
The scheme seeks periodic returns and long-term capital appreciation from a balanced portfolio of debt and equity.
Tax Implications
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.
