Amc logo

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

11.61%

3 Yrs CAGR returns

13.09%

5 Yrs CAGR returns

8.29%

NAV as on 25 Nov

₹ 524.59 by 5.20 ( 1.00%)

Expense ratio

1.28

Exit load

1%

Fund Size (Cr)

₹ 17475.32


start your investment

Error: This is a mandatory field

Digits Only

Note: We will verify this number in the next step

User already exists. Click here to Login

Error: This is a mandatory field

By clicking on "Proceed", I accept the
Mutual Funds Terms of Services.

Performance Graph*
Returns Calculator
rupee Digits Only

Error: This is a mandatory field

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 35.61
Energy 26.68
Technology 11.78
Construction 7.65
FMCG 5.14
Health Care 4.26
Metals 3.02
Engineering 2.44
Chemicals 1.1
Services 0.74
Top 10 Sectors %
Crude Oil & Natural Gas 8.75
Banking 7.91
Banking 7.82
Banking 6.76
Infrastructure 6.58
Computer Software 5.52
Tobacco Prod. 5.14
Computer Software 3.97
Electricity Generation 3.65
Banking 3.24
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

HDFC Top 100 Fund

HDFC Top 100 Fund is an open-ended mutual fund scheme that predominantly invests in equity or equity-related instruments of large-cap companies.  It maintains a minimum exposure of 80% of total assets to large-cap stocks, as categorized by SEBI.

Also Read: What are equity funds?

Securities and Exchange Board of India (SEBI) considers the top 100 companies in terms of market capitalization as large-cap companies. These companies are relatively less sensitive to market fluctuations and thus equity investment in such companies is less risky as compared to that of mid-cap and small-cap companies.

HDFC Top 100 Fund also offers the facility of investment through Systematic Investment Plan (SIP) where an investor invests a small amount of money in the mutual fund on a regular basis. This ensures that people who don’t have enough money for a lump-sum investment can also earn returns through mutual funds. The minimum amount required for the SIP Investment is ₹500.

Also Read: Top SIPs to Invest in 2019

About HDFC Mutual Funds

HDFC Mutual Fund AMC is one of the established Asset Management Companies regulated by the Housing Development Finance Corporation Bank. Numerous investors have invested in multiple investment options offered by the fund for a long time.

Key details about HDFC Top 100 Fund:

  • Inception: October 1996
  • Assets Under Management: ₹17,912 crore
  • Category: Equity: Large Cap
  • Fund Manager: Prashant Jain ( 27 years of experience)
  • Benchmark: S&P BSE 100
  • Expense Ratio: 1.37%
  • Minimum SIP Investment: ₹500

HDFC Top 100 Fund Performance vs Benchmark:

1-year return 3-year return 5-year returns
HDFC Top 100 Fund 14.71% 13.19% 10.67%
S&P BSE 100 Tri 6.04% 11.93% 10.03%

HDFC Top 100 Fund has delivered returns at the rate of 14.71% in 1 year which is significantly higher than the benchmark rate of return which stands at 6.04%. This fund has fared well above the benchmark returns from the past one year.

The 3 year and 5 years returns of this fund stand at 13.19% and 10.67% respectively, which are also above the benchmark returns and category average.

This shows that the fund has a sectorally diversified investment portfolio which performs well even during falling markets as compared to its peers. This has also led to a steady rise in assets under management from ₹12,568 crore in 2016 to ₹17,912 crore in 2019.

Market Capitalization (%)

Market Capitalization

With 50 stocks in its portfolio, HDFC Top 100 Fund has allocated almost 98% of its total assets in equity and equity-related instruments. Out of this distribution, almost 90% as been invested in large-cap stocks. This offsets the risk that arises out of market volatility.

Rest of the total assets have been allocated to equities of mid-cap companies.

HDFC Top 100 Fund Sector-wise Investments Breakdown

Sector wise Investments

As of June 2019, this fund has allocated around 38% to the financial sector and around 24% to the energy sector. Though with 50 stocks in its portfolio, the fund may look well-diversified at its face value. However, a little research shows that the fund has invested about 60% of its assets in only 10 large-cap companies!

These top 10 stocks of the fund have been handpicked from the financial, energy, technology and construction sector. It reveals the fact that the fund is very well diversified sectoral wise but it has invested in top-performing stocks of the respective sectors.

Tax Treatment of HDFC Top 100 Fund

Taxation on capital gains from investment in mutual funds schemes varies for short term and long term. Short term capital gains tax of 15% is levied on profit from mutual funds for a holding period of 12 months. If investors remain invested in a mutual fund scheme for more than 12 months, long term capital gains tax of 10% on returns is levied.

Also Read: Mutual Fund Taxation

Best Large Cap Funds to Invest in 2019

Here is a list of some of the best large cap funds you can consider investing in 2019:

Reliance Large Cap Fund
SBI Blue Chip Fund
Axis Bluechip Fund
Aditya Birla Sun Life Frontline Equity Fund

Also Read: Best Large Cap Funds to Invest in 2019