HDFC Mutual Fund: Notable growth in tendency to invest in the mutual fund. People often hesitate to invest in any market-risk-related schemes. But in recent times, some of us came out of fear and invested in mutual funds. Mutual funds depend on market risk. Where to invest money? The question always remains. HDFc is among some top brands where a hefty return can be expected. We’ll show you recent return percentages that HDFC has offered for some past years. Not only HDFC, there are some more financial companies that help to earn good money on investments. The experts say, to gain maximum, try to invest for the long term.
Return rate of last few years
HDFC Top 100 Fund was launched 28 years ago on September 4, 1996. The mutual fund scheme has given a return of 35.71% in the last one year. It has returned 18.57% in the last three years, 20.08% in five years and 15.36% in the last seven years.
SIP of only Rs 2,000
If someone had done a monthly SIP of only Rs 2,000 in this scheme for 25 years, his corpus would have been Rs 1,03,71,769, out of which Rs 6,00,000 would have been invested. In the last 28 years, the monthly SIP of Rs 2,000 in this scheme has increased to Rs 1,83,80,780. Similarly, the SIP of Rs 10,000 in the HDFC scheme would have increased to Rs 9,19,03,899.
Apart from HDFC, there are some other companies that can provide healthy return
The highest investment in the open-ended scheme has been made in financial stocks like ICICI Bank and HDFC Bank. These are the top 2 stocks in the plan’s portfolio. Besides, mutual funds have also invested in major companies like NTPC, Larsen & Toubro, Bharti Airtel, Infosys among others.
Desclimer : For any financial invest anywhere on your own responsibility, Times Bull will not be responsible for it.