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July 29, 2024

Overview of Top Performing HDFC Mutual Funds

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HDFC mutual funds serve as one of the largest and most prominent acid management companies in India. With more than 4 trillion assets under management, the HDFC mutual fund offers various mutual fund options for investment. Catering to customers with different risk capacities, multiple types of funds are available like large cap, small cap, MidCap, Flexi cap, and even balanced HDFC mutual funds. Mutual fund SIP calculator can even help with calculation and identification of returns. Following is the list of the top five performing HDFC mutual funds investors can analyse and invest in.

HDFC Balanced Advantage Fund

Combining equity and debt investment, the balance advantage fund helps investors diversify their risk and ensure optimal returns. With more than ₹ 61,000 crores under management, the mutual fund is suitable for investors who look for low-risk balance returns. Moreover, the mutual fund has generated almost 30.83% of CAGR over the last three years making it one of the best investment options for risk-averse investors. Investors can start investing in the balanced advantage fund with a minimum capital of ₹100.

HDFC MidCap Opportunities Fund

HDFC MidCap Opportunities fund makes investments in MidCap companies that can generate higher returns with limited risk. Generating sufficient returns over the years, the MidCap Opportunities fund has been able to beat the nifty mid-cap 100. The mutual fund has around ₹47,236 crore worth of assets under management generating more than 35% returns over three years. Limited risk exposure with high growth potential makes MidCap opportunities fund a suitable investment avenue.

HDFC Small Cap Fund

With AUJ of ₹22,560 crores, HDFC small cap fund invests in small capital stocks. The mutual fund is known for its low expense ratio of 0.75% and stable returns of 41.51% over the past three years. With a focus on fundamentally strong companies, the small-cap fund can generate substantial returns for high-risk appetite investors.

HDFC Tax Saver fund

As evident from its name, the HDFC Tax Saver fund serves as an equity-linked saving scheme offering tax-saving benefits to investors. Helping with saving tax under Section 80C, the Tax Saver Fund has been able to deliver a CAGR of 28.77%. Helping investors reduce their tax liability and generate returns, the HDFC Tax Saver fund offers dual benefits.

Read Also: ETFs Vs. Mutual Funds: Pros, Cons, And Key Differences

HDFC infrastructure fund

With a CAGR of 44.51% (3 years), the HDFC infrastructure fund offers investment in infrastructure-based companies engaged in construction, energy, engineering, and utility. Being a sectoral-based mutual fund, the HDFC infrastructure fund is characterized by high returns. The paint is suitable for investors who wish to diversify their investments and are willing to invest for a long time. Efficient stock selection combined with sector-specific investment can help investors make good returns through the HDFC infrastructure fund.

HDFC Mutual Fund offers a wide spectrum of investment avenues and options. Suitable for investors with different risk capacities and investment goals, HDFC mutual funds can deliver sufficient returns while keeping the investment safe at the same time. The best mutual fund can be selected by investors through comprehensive analysis and understanding of their personal finance goals.

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