The scheme has been giving 18% annual return for the last 24 years, from Rs 1 lakh to Rs 56 lakh
Among the top performers of the mutual fund scheme, HDFC Top 100 funds from the largecap segment are also on top. This fund has enriched investors for a long time. It has been almost 24 years since its inception and has given an annual return of 18.34 per cent since its launch. In this regard, if one had invested Rs 1 lakh in the fund at the time of launch, the value of his investment would have risen to close to Rs 56 lakh today. Even in the last 20 years, this largecap segment has topped the return chart, according to available data.
Launch Date: October 11, 1996
Return after launch: 18.34% per annum
Annual value of Rs.1 lakh: Rs.56.9 lakh
Returns increased over time
Speaking of the HDFC Top 100 Fund, it has given an annual return of 18.34% in the last 24 years since its launch, 18.19% annually in the last 20 years, 8.25% annually in the last 10 years, 13.52% in the last 7 years and 6.76% in the last 5 years. However, due to Covid 19, the last 1 year and 3 year returns have been affected.
Return in 20 years
Investment value of 1 lakh in 20 years: 28.29 lakh
10000 Monthly SIP Value in 20 Years: 1.74 Crores
Return in 15 years
Investment value of 1 lakh in 15 years: 7.24 lakh
10000 Monthly SIP Value in 15 years: 42.30 lakhs
Return in 10 years
Investment value of 1 lakh in 10 years: 2.21 lakh
10000 Monthly SIP Value in 10 years: 18.49 lakhs
Return in 5 years
Investment value of 1 lakh in 5 years: 1.39 lakh
10000 Monthly SIP Value in 5 Years: 6.73 Lakh
How much can you invest?
HDFC Top 100 Mutual Fund requires a combined investment of at least Rs 5,000. When you want to SIP in it, the minimum amount will be Rs.500 per month.
Assets and expense ratio
The benchmark of the HDFC Mutual Fund scheme is NIFTY 100. It is an open end fund. As of July 31, 2020, its assets stood at Rs 16,202 crore and its expenditure ratio as on July 31, 2020 was 1.78 per cent. However, due to the largecap equity plan, the risk is more than moderate.
Infosys, ICICI Bank, Reliance Industries, HDFC Bank, ITC, SBI The allocation of this fund is highest in the financial and energy sectors. Apart from that, there is a lot of allocation in the technology, construction and FMCG sectors.