Standard Risk Factors:
● Any investment in mutual fund units has investment risks such as default risk, settlement risk, trading volumes, liquidity risk and possible loss of principal.
● The value of your investments might go up or down because the value, price or interest rate of the scheme may fluctuate depending upon various factors which affect the money markets and capital markets.
● Past performance of the investment and their sponsors including the scheme associated mutual fund, AMC and affiliates do not give any assurance or guarantee regarding the future performance of the scheme.
● The name of the investment scheme does not indicate the quality or the future prospects as well as returns of the scheme.
● The fund manager and the respective team are not responsible or cannot be held liable for any loss resulting from the Scheme except Rs.1 lakh which is the initial contribution made by them for setting up the fund. This investment scheme does not guarantee or give assured returns.
Scheme-Specific Risk Factors:
The following are some of the key risk factors with respect to the HDFC Top 200 Fund scheme:
- Securities, which are not traded on the stock exchange might lead to increased portfolio risk in comparison to those which are listed on the exchange. This is because stocks which are not listed in stock exchanges are illiquid and cause a liquidity risk.
- Debt and money market instruments of the scheme will be affected by the Net Asset Value (NAV) of the scheme because of the changes in interest rates. Thus, the NAV is expected to increase with a fall in interest rates while it would decrease with an increase in the interest rates available in the market.
- The scheme might receive numerous redemption requests at times which would lead to an asset-liability mismatch. In that case, the fund manager would need to do a distress sale of the securities and that would lead to rearrangement of the investment portfolio and accordingly require to make investments in lower yield instruments.
Fund Type: HDFC Top 200 Fund is an open ended growth scheme.
Type of asset allocation:
|Type of Instruments||% of net assets||Risk factors|
|Equity and equity related instruments||Up to 100% including hedging and derivative and other uses permitted by mutual fund regulations||Medium to high|
|Debt instruments and money market instruments||Balancing in money market and debt instruments||Low to medium|
Minimum Investment: The minimum investment which can be made for subscription of HDFC Top 200 Fund is Rs.5000 and thereafter it can be done in the multiples of Re.1.
Additional Purchase Amount: The minimum additional purchase amount is Rs.1000 and multiples thereof.
About Fund Manager: Mr. Prashant Jain has received his PGDM degree from Indian Institute of Management Bangalore and completed his Batchelor’s degree from Indian Institute of Technology, Kanpur. He has also completed the Chartered Financial Analyst course from AIMR. He has an extensive and rich experience in research and fund management. Presently, Mr. Jain is the Executive Director, Chief Investment Officer and Fund Manager at HDFC Asset Management Company Ltd. and prior to this, he worked as the Head of Equities from June 2003 to June 2004. Before joining HDFC Asset Management, he worked as a Fund Manager, Head of Funds Management and Chief Investment Officer at Zurich Asset Management Company (India) Pvt Ltd. for more than a decade. Mr. Jain has also worked for SBI Mutual Fund as Fund In-Charge for over 2 years.
Entry Load: Entry load is payable when an investor purchases the units of a scheme. In the case of HDFC Top 200 Fund scheme, no entry load is applicable on the investor. No Entry or Exit Load will be charged from the investors in case of the allotment of bonus units and units purchased from the dividend investment.
Exit Load: Exit load is the amount or fee which is charged from an investor when they exit or leave the scheme. Whenever an investor redeems or switches out the units of the scheme within 1 year from the date of allotment then 1% exit load is charged. No Exit Load is charged if an investor redeems or switches out the units after completion of 1 year from the date of allotment.