Below are the key details of the HDFC Prudence Mutual Fund Plan.
Fund NameHDFC PrudenceAsset Management CompanyHDFC Mutual FundsFund Type/CategoryOpen-Ended/Balanced FundScheme OptionsDividend Plan & Growth PlanLaunch Date16-December-1993Minimum InvestmentRs. 5000 for One time Investments (first time)
Rs. 500 for SIP (Monthly)
Rs. 1500 for SIP (Quarterly)Fund ManagerMr. Prashant JainEntry Load0%Exit Load1% (If Redeemed within 1 year since purchase)Assets Under ManagementHDFC Prudence Dividend Plan - 3131.3165 Crores
HDFC Prudence Growth Plan - 3224.85 Crores
Address of Fund HouseRamon House, 3rd Floor, 169, Backbay Reclamation, Churchgate, MumbaiEmail Addresscliser@hdfcfund.com
Mr. Prashant Jain has been the fund manager of this fund since June 19th 2003. He is one of the most respected fund managers in the Mutual Fund Industry in India. He is also the Fund Manager for some other funds from the HDFC Mutual Fund Family that have been considered the Industry's top performers. Some of the top performing funds he manages are: 1. HDFC Top 200 Fund 2. HDFC Equity Fund 3. HDFC Infrastructure Fund
Some of the best funds in India right now are: 1. HDFC Prudence Fund 2. HDFC Midcap Opportunities 3. IDFC Premier Equity 4. etc
HDFC Prudence Fund invests in a number of large-cap and blue-chip company stocks. Some of the top stock holdings of this fund are as follows:Stock NameWeightage (As a % of their Overall Assets)State Bank of India4.16%Infosys4%TATA Consultancy Services (TCS)3.35%ICICI Bank3.21%Page Industries3.01%Bharti Airtel2.79%Bank of Baroda2.38%TATA Motors2.12%TATA Steel2.08Coal India Ltd1.68%Crompton Greaves1.49%Jaiprakash Associates1.45%Cipla1.40%Pidilite Industries1.39%Reliance Industries1.37%Oil India Ltd1.37%Bharat Petroleum Corporation1.20%Axis Bank1.18%LIC Housing Finance1.18%Ipca Laboratories1.13%Zydus Wellness1.08%Zee Entertainment1.06%Procter & Gamble1.06%Info Edge India1.01%HT Media0.98%This is not the full/consolidated stock holdings of HDFC Prudence Fund. Only the top 25 stock holdings that are held by HDFC Prudence Fund are available here
A Fund Manager of a Mutual Fund is the person who is responsible for managing the investors money and taking the investment decisions for the fund. For ex: Mr. Prashant Jain has been the fund manager of this fund since June 19th 2003. He is one of the most respected fund managers in the Mutual Fund Industry in India. He is also the Fund Manager for some other funds from the HDFC Mutual Fund Family that have been considered the Industry's top performers. Some of the top performing funds he manages are: 1. HDFC Top 200 Fund 2. HDFC Equity Fund 3. HDFC Infrastructure Fund
In the United Kingdom, investing in an HDFC mutual fund is often part of a larger portfolio for investors. Some of the immediate benefits of investing in these mutual funds are their often high rates of return as well as their general stability.
Some of the Top/Best Mutual Fund Schemes in India right now (As of Nov 2011) are:HDFC Prudence FundHDFC Mid-Cap Opportunities FundICICI Prudential Focused Bluechip EquityIDFC Premier Equityetc
Tamil is one of the most popular Indian Language and if some one need to know about the Mutual fund in Tamil language they may type 'Mutual fund in Tamil' in Google to get the details about Mutual fund in Tamil language.
These are Mutual Funds that invest in Stocks that comprise the Index they are tagged to and buy those stocks in the exact ratio that their weightage is in the respective index. For example, a Sensex Index fund will buy the 30 stocks that comprise the BSE Sensex in the exact ratio that these 30 stocks are given weightage by the Sensex.Note: Since the BSE(Sensex) and NSE(Nifty) are the two prominent exchanges in India, most Equity Index funds tag themselves to either of these two indices.Example:a. HDFC Index Fund - Sensexb. Reliance Index Fund - Sensexc. IDFC Nifty Fundd. HDFC Index Fund - Niftye. ICICI Prudential Index Fund - Niftyf. Reliance Index Fund - Niftyg. etc
Some tips to having a DIY Super Fund include checking to see if your fund has a tax file number. Make sure your funds have the correct contact details. And consider combining your funds to help reduce the fees that you pay.
to grow prudence one needs a logical mind.
These are Mutual Funds that invest in Arbitrage Opportunities.Note: Arbitrage Opportunities are a special class of investment where the fund manager tries to make a profit out of the pricing mismatch between the Equity and Derivatives Market. It is a separate topic in itselfExample:a. ICICI Prudential Equity and Derivatives Fund - Income Optimiser Planb. HDFC Arbitrage Fund - Retailc. Kotak Equity Arbitrage Fundd. etc
Some Madarchod Bhenchod i guess !!