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The fund aims to have an equity exposure of between 40-75% and debt exposure (Debt & Money Market) of between 25-60%
During times when the interest rates are high, investment in debt would be more attractive versus equities and accordingly the Fund is likely to increase the debt component in the Scheme's portfolio. Similarly in times when the interest rates are low and the equity valuations are cheap, the Scheme is likely to reduce exposure to debt and increase exposure to equities. In addition to debt and equities the scheme will also invest in money market instruments. The exact proportion in money market instruments will be a function of the liquidity needs and the attractiveness of the debt/ equity markets. At times when neither the debt market nor equities are attractive for investment, more resources may be temporarily invested in money market investments to be invested in debt/ equities at a more appropriate time.
The Scheme may also invest upto 25% of net assets of the Scheme in derivatives such as Futures & Options and such other derivative instruments as may be introduced from time to time for the purpose of hedging and portfolio balancing and other uses as may be permitted under the Regulations and Guidelines.
The Fund Manager strives to minimize risks and maximize returns for investors who invest in the fund
What else can I help you with?
Who is the Fund Manager of HDFC Prudence Fund?
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
What is the Asset Allocation percentages of HDFC Prudence Fund?
HDFC Prudence Fund is a Balanced Fund that invests a healthy portion of its assets in Debt and other Fixed Income Instruments. The Asset Allocation % on the various asset categories for this fund is as follows: Equity - 61.36% Debt - 20.85% Others - 14.13% (This includes Equity related products like Derivatives & other Instruments) Money Market - 2.3% Cash - 1.35%
What is advantages and disadvantages of investing in mutual fund?
When you invest in mutual you are buying the units or portion of the mutual fund and thus on investing becomes the shareholder.There are top AMC'S which help you to know regarding this they are Reliance mutual fund, HDFC etc.
IFSC code of HDFC bank?
The IFSC code for HDFC Bank varies based on the specific branch and location. Each branch has a unique IFSC code that is used for electronic fund transfers like NEFT, RTGS, and IMPS. To find the IFSC code for a particular HDFC Bank branch, you can check the bank's official website or refer to your bank account details.
Which mutual fund is best in India?
There are many best mutual fund schemes available for investment right now in India. There are different categories. Some are:Large Cap FundsThese are Mutual Funds that invest predominantly in Large-Cap (Blue-Chip) Stocks. The Fund Managers decide on which blue-chip stock to invest and when to buy/sell them. The Best 3 Large Cap Funds as of now are:1. Franklin India Bluechip Fund2. HDFC Top 200 fund3. ICICI Prudential Focused Bluechip Equity FundDiversified Equity FundsThese are Mutual Funds that invest in a variety of stock sizes. The Fund Manager decides on the exposure to large-cap, mid-cap and small-cap stocks. Based on the market movement, investment decisions to go heavyweight or underweight on a category of stocks too will be taken. The Best 3 Diversified Equity Funds as of now are:1. Fidelity Equity Fund2. Franklin India Prima Plus3. HDFC Equity Fundetc
Who is the Fund Manager of HDFC Prudence Fund?
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
What is the best mutual fund to put your money in?
Some of the best funds in India right now are: 1. HDFC Prudence Fund 2. HDFC Midcap Opportunities 3. IDFC Premier Equity 4. etc
What is the Asset Allocation percentages of HDFC Prudence Fund?
HDFC Prudence Fund is a Balanced Fund that invests a healthy portion of its assets in Debt and other Fixed Income Instruments. The Asset Allocation % on the various asset categories for this fund is as follows: Equity - 61.36% Debt - 20.85% Others - 14.13% (This includes Equity related products like Derivatives & other Instruments) Money Market - 2.3% Cash - 1.35%
What are the top stocks in hdfc prudence fund?
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
What is a mutual fundmanger?
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
What are the Sector Weightages for HDFC Prudence Fund?
HDFC Prudence fund invests over 60% of its assets in Equities (shares) and has a diversified asset allocation spanning the various sectors of company's available. The Sector Weightage (%) for this fund is as follows:Sector NameWeightage %Banking & Financial Services13.89%Information Technology8.09%Manufacturing6.63%Oil & Gas6.23%Pharmaceuticals4.86%Metals & Mining3.76%Telecommunication2.79%Engineering & Capital Goods2.46%Automotive2.12%Media & Entertainment2.04%Consumer Goods Non-durables1.80%Cement & Construction1.45%Chemicals1.39%Food & Beverages1.06%Consumer Goods Durables0.86%Others1.93%
What are some key details about the HDFC Prudence Fund?
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 CroresHDFC Prudence Growth Plan - 3224.85 CroresAddress of Fund HouseRamon House, 3rd Floor, 169, Backbay Reclamation, Churchgate, MumbaiEmail Addresscliser@hdfcfund.com
Can anyone please tell you about front end load mutual fund?
A fund end load mutual fund Is a fund that charges a sales charge that must be paid when a person buys a investment. This reduces the shares that can be purchased, but its better for long term investment. There are also low front end load fees which are best for short term investors. There are many websites which provide information such as Reliance mutual fund, ICICI, HDFC.
Is reliance mutual fund or hdfc mutual fund better for investors?
I think, Reliance is new in Mutual Fund sector, so it would be batter to go for HDFC Mutual Funds. Market is down and definitely will go up, i think tha NAV of HDFC mutual funds would be batter than Reliance. Thank you
Can you get income tax saving from hdfc top 200 mutual fund?
Nope. HDFC Top 200 is a Equity Diversified Mutual Fund. Only ELSS Funds have income tax benefits. ELSS stands for Equity Linked Savings Scheme
Indian investment banks?
kotak mahindra, icici , hdfc are a few prominent names
What are the benefits of investing in an HDFC mutual 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.
