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HDFC Equity Fund: A Review
HDFC Equity
Fund is one of the oldest funds in the industry. Prashant Jain is fund manager
since 2003. Assets under management are over 22000 crore with portfolio
turnover ratio of 18.476%. Benchmark index is NIFTY 500 and expense ratio is Reg 1.72% and Direct 1.27.
Portfolio Allocation
|
Equity funds |
Characteristics |
|
Multi Cap funds |
Minimum investment in equity & equity related instruments- 65% of
total assets |
Industry allocation
|
Industry |
Company |
%age |
|
Banks |
ICICI Bank Ltd, State Bank
of India, HDFC Bank Ltd, Axis Bank Ltd, Bank of Baroda, Canara Bank, Punjab
National Bank, Oriental Bank of Commerce |
30.18 |
|
Software |
Infosys Ltd, Tata
Consultancy Services Ltd, Oracle Financial Services Software Ltd, L&T
Technology Services Ltd, Ramco Systems Ltd |
14.73 |
|
Power |
NTPC Ltd, Power Grid
Corporation of India Ltd, CESC Ltd, Kalpataru Transmission Ltd |
10.74 |
|
Construction Project |
Larsen and Toubro Ltd,
Hindustan Construction Company Ltd |
8.2 |
|
Petroleum Products |
Reliance Industries Ltd,
Bharat Petroleum Corporation Ltd |
8.07 |
|
Finance |
Power Finance Corporation
Ltd, Rural Electrification Corporation Ltd, Housing Development Finance
Corporation Ltd |
6.69 |
|
Consumer Non Durables |
ITC Ltd |
4.03 |
|
Industrial Capital Goods |
Siemens Ltd, Bharat Heavy
Electricals Ltd, Praj Industries Ltd, BEML Ltd, CG Power and Industrial
Solutions Ltd |
3.35 |
|
Minerals/Mining |
Coal India Ltd |
2.61 |
|
Pharmaceuticals |
Aurobindo Pharma Ltd, Cipla
Ltd |
2.58 |
|
Ferrous Metals |
Tata Steel Ltd |
1.86 |
|
Non - Ferrous Metals |
Vedanta Ltd |
1.24 |
|
Gas |
GAIL (India) Ltd |
1.16 |
|
Chemicals |
Tata Chemicals Ltd |
0.96 |
|
Transportation |
InterGlobe Aviation Ltd |
0.88 |
|
Aerospace & Defence |
Bharat Dynamics Ltd |
0.55 |
|
Industrial Products |
Time Technoplast Ltd |
0.34 |
|
Construction |
Simplex Infrastructures Ltd |
0.16 |
Performance
The return since inception has been annualized 19.52%
and has beaten the category average in last 5 and 10 years horizon.
|
Performance |
|
|
Period |
Scheme Return |
|
Last 1 Year |
2.12% |
|
Last 3 Years |
10.04 |
|
Last 5 Years |
9.12 |
|
Since Inception |
18.47 |
Should
you invest
Past performance may or may not be sustained in the
future. The fund does have a trustable fund manager. If returns lag behind peer
funds moving to other funds will be wiser.
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