HDFC Top 100 Fund commemorates 27 years of remarkable performance in India’s mutual fund arena.Launched in October 1996, the fund has consistently delivered a robust Compound Annual Growth Rate (CAGR) of approximately 19%, solidifying its status as one of the longest-standing schemes in the country. Investors who opted for systematic investment plans (SIP) have reaped substantial rewards, with investments of Rs 10,000 per month growing to a staggering Rs. 7.98 crores by February 29, 2024.
Employing a meticulous blend of bottom-up stock selection and top-down sector analysis, HDFC Top 100 Fund prioritizes quality business models, strong management, and sound financial metrics. With over 80% of its portfolio allocated to well-established large-cap companies, the fund maintains a disciplined approach focused on identifying value opportunities while managing risks effectively.
Mr. Navneet Munot, MD & CEO of HDFC AMC, credited the fund’s enduring success to sound investment principles and rigorous research processes. Senior Fund Manager – Equities, Mr. Rahul Baijal, emphasized the stability and attractive risk-adjusted returns offered by large-cap stocks, reaffirming HDFC Top 100 Fund’s position as a reliable choice for long-term investors seeking steady growth.
