All You Need To Know About HDFC Top 100 Fund

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Established in 2000, HDFC Mutual Fund ranks among the country’s most prestigious asset management companies. Based on its average assets under management, it is the country’s most significant asset management company (AMC). Since its inception as the HDFC Top 200 Fund, the HDFC Top 100 Fund has been one of HDFC’s most prominent large-cap funds. Because of this, we will examine this fund in detail in this article.

With assets under management over Rs 4,23,716 crore, HDFC Mutual Fund is one of the nation’s largest mutual fund companies. Since its inception in 1999, the company has been a joint venture between HDFC Limited and ABRDN Investment Management Limited. It became a publicly traded entity in August 2018. This is a suitable investment choice for high-risk investors who are interested in a higher degree of volatility and can ride out the entire market cycle.

As of the end of the year, the fund houses 11% of the industry’s assets under management and has a strong position in equity investments. As of March 31, 2022, the company had 9.9 million retail and institutional accounts in operation. With ET Money’s app, you can get the best-filtered funds based on predefined criteria.

There are approximately 89 investment schemes provided by HDFC Mutual Fund. The HDFC Top 100 Fund offers the following features and benefits:

  1. The fund has surpassed the benchmark (8.97%) and the category average (9.87%) over the past 10 years with a 10-year return of 13.22%.
  2. In recent years, the fund has performed well compared to its peers and the index.
  3. Over time, the fund’s performance has been a mix of highs and lows.
  4. This type of investment may be suitable for individuals who seek to invest for an extended period of time in an environment with a higher degree of risk.

Ratio of expenses

  1. It is essential to consider a fund’s expense ratio before investing.
  2. The expense ratio relates to the amount paid to the fund for its management and maintenance. As a general rule, the smaller the expense ratio, the better for the investor.
  3. The HDFC Top 100 Fund has one of the lowest expense ratios among its peers. A small difference in expense ratios can greatly benefit long-term investors.
  4. HDFC Top 100 Fund has an edge over other funds in the same category due to its decent 1- and 3-year returns. The fund also has a relatively low expense ratio and a strong allocation to stocks.

What is the investment procedure in the HDFC Top 100 Fund?

The procedure for investing in the HDFC Top 100 Fund is straightforward. There are several ways to do this.

  1. Accessible online: 

On their official website, you can select the “Invest Now” option. You will be required to provide your name, mobile number, and PAN number. Then, to initiate account registration, you will need to complete the one-time registration form.

  1. In offline mode:

You may proceed with the application process by visiting any HDFC Mutual Fund office and completing the necessary forms and documents. A third party may also be able to purchase the scheme. Please ensure, however, that the authorized dealer is a genuine individual.

  1. Callback request:

You can request a callback by providing your contact information (name and phone number) on their contact form. An experienced investment professional will then contact you to discuss your investment options in more detail.

  1. Inquire by email:

If you would like further information, please get in touch with their customer service department at the address listed on their website.

  1. Number toll-free:

You can reach their experts by calling the toll-free number on their official website.

  1. Message:

You may also chat with an online assistant using the chat option on their website. 

Final thoughts

The HDFC Top 100 Fund has demonstrated a significant performance advantage over its index benchmark. It is considered one of the most successful large-cap equity funds. This fund suits investors with a moderate risk appetite who do not wish to invest in small and mid-cap companies.

All investors must understand that investing in equity assets, particularly mutual funds, involves risk. Do your research thoroughly and invest according to your risk tolerance. Long-term investing is also a highly valued virtue. In the short term, it safeguards us from the risks and losses associated with timing the market.