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HDFC Top 100 Fund Direct Plan-Growth rating rating rating rating rating

Equity Large Cap

PLAN: GROWTH TYPE : OPEN-ENDED OPTION: Growth

1 Yr return

8.29%

3 Yrs CAGR returns

11.86%

5 Yrs CAGR returns

8.16%

NAV as on 27 Dec

₹ 527.54 by 7.36 ( -0.21%)

Expense ratio

1.23

Exit load

1%

Fund Size (Cr)

₹ 18761.2


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Performance Graph*
Returns Calculator
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If ₹5000 invested for 1

Estimated returns*

₹ 0

with % annual returns

Direct Funds
Estimated amount
₹ 10,27,000
Regular Funds
Estimated amount
₹ 9,91,000

* The calculator, based on assumed rate of returns, is meant for illustration purposes only.More

The calculations are not based on any judgments of the future return and should not be construed as promise on minimum returns. Information gathered and material used in this calculator is believed to be from reliable sources. Paisabazaar however does not warrant the accuracy, reasonableness and/or completeness of any such information. While utmost care has been exercised while preparing the calculator, Paisabazaar does not warrant the completeness or guarantee that the achieved computations are flawless and/or accurate and disclaims all liabilities, losses and damages arising out of the use or in respect of anything done in reliance of the calculator.

investment objective

The scheme seeks to provide long-term capital appreciation/income by investing predominantly in Large-Cap companies.

Tax Implications

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

riskometer
Top Holdings
Top 10 Sectors %
Financial 37.27
Energy 25.57
Technology 11.43
Construction 7.32
FMCG 4.93
Health Care 4.27
Metals 3.05
Engineering 2.06
Others 1.15
Chemicals 1.15
Top 10 Sectors %
Banking 8.97
Crude Oil & Natural Gas 8.26
Banking 8.07
Banking 7.3
Computer Software 6.01
Infrastructure 5.72
Tobacco Prod. 4.93
Electricity Generation 3.69
Coal & Lignite 3.31
Banking 3.28
Fund house details
Fund House HDFC Mutual Fund
Fund Manager Chirag Dagli
Fund Setup Date 01 Jan 2013
Address 'HDFC House'-2nd Floor, H.T. Parekh Marg - 165-166, Backbay Reclamation, Churchgate
Contact 1800 3010 6767 / 1800 419 7676
More About This Fund

About HDFC Top 100 Fund

Earlier known as HDFC Top 200 Fund, HDFC Top 100 Fund’s direct growth plan is an open ended equity scheme that predominantly invests in equity securities of large cap companies across various sectors

Prashant Jain, the fund manager of this fund believes that an individual’s patience pays in the long run. His investment strategy majorly focuses on investing in high growth stable companies. A steady rise in the performance graph of the fund can be seen since its launch in October, 1996.

The investment portfolio of the fund is largely skewed towards the financial services with more than 30% of the total assets under management invested in the sector. The top holdings of the fund include ICICI Bank, HDFC Bank, Reliance Industries,etc.

Also Read: Large Cap Mutual Funds

Who should invest in HDFC Top 100 Fund?

The underlying stocks in the HDFC Top 100 Fund have a good track record of delivering quality returns in the long run. Consequently, this fund offers an opportunity to investors to grow their savings with the growth of leading companies.

If you’re a conservative investor, looking for reasonable returns over a particular investment horizon (5-6 years), this fund is a good investment option that will deliver consistent returns

If you’re not well-versed with the dynamics of financial markets, or don’t have time to regularly track the market sentiment, then you can opt for this fund to invest in India’s leading companies instead of independently selecting stocks

If you’ve a good appetite for risk, it is better to opt for midcap and small-cap funds as these have delivered better returns over the years. For instance, you can opt for SBI Small Cap Fund from the small-cap category, or DSP Midcap Fund from the mid-cap category. However, it should be noted that the underlying companies of these funds are relatively less stable when compared to large cap companies.

Will You Pay Tax?

If you withdraw or redeem the units before one year of investment, Short Term Capital Gains Tax of 15% is levied. Whereas, Long Term Capital Gains Tax above ₹1 lakh will be taxed at 10% after completion of 1 year of investment.

For instance, an investor has made a capital gain of ₹50000 on investment in HDFC Top 100 Fund, Short Term Capital Gains Tax of 15% would be levied if s/he withdraws the amount within one year of investment. The payable tax would be ₹7500.

Also, if the investor has made a capital gain of ₹1.5 lakh on investment in this scheme, and withdraws the amount after 1 year of investment, Long Term Capital Gains Tax of 10% would be levied on ₹50000. ₹1 Lakh is exempted from taxation. The payable tax would be ₹5000.

How to Invest in this Fund Online?

  • Sign Up/Sign In to Paisabazaar.com and go to ‘Equity Funds
  • Click on the section of ‘Large Cap Funds’
  • Type and search directly by the name of HDFC Top 100 Fund. Once it opens up, look at the details. You can also compare similar funds as well as use Mutual Fund Returns Calculator to calculate future value of your investment.
  • Click on ‘Invest Now’, select either Lump sum or SIP

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FAQs

Q. What is the entry load for HDFC Top 100 Fund?
A. There is no applicable entry load on the aforementioned fund.

Q. What is the exit load for HDFC Top 100 Fund?
A. If an investor redeems the purchased units within 1 year of allotment of units, an exit load of 1% is payable by the investor. However, no exit load is levied for redemption of units after 1 year of purchase.

Q. Which is the better mode of investment for this fund, SIP or Lump-sum investment?
A. Since the aforementioned fund is an equity fund, it is advisable to invest via Systematic Investment Plan (SIP) to average out the cost of units purchased. SIPs effectively counter the risk arising out of market fluctuations.

Q. Why should one invest in Large Cap Mutual Funds?
A. Equity securities of large cap companies, have the ability to sail through turbulent market conditions because of their long operational history, and have proven to effectively mitigate market downside.

Q. What is the expense ratio charged by the HDFC Top 100 Fund?
A. The expense ratio charged by the aforementioned fund is 1.23%. (as of November 30, 2019)

Q. What are the Best Bluechip Mutual Funds to invest in 2020?
A. Here is a list of top performing bluechip/large cap funds one can consider investing in 2020:
SBI Bluechip Fund
Axis Bluechip Fund
Mirae Asset Large Cap Fund
Nippon India Large Cap Fund