HDFC Mutual Fund | If there is a mutual fund then it would be like this, you will get Rs 1.88 crore on investment of Rs 1 lakh, investors are devastated.
HDFC Mutual Fund In the last few years, some mutual funds have given good returns to their investors. One of them is HDFC Flexi Cap Fund. It is an open ended equity scheme, which invests in large, mid and small cap companies. It recently completed 30 years. Actually, HDFC Flexi Cap Fund was launched on January 1, 1995 and since then this fund has given huge returns to its investors. The fund has delivered a CAGR of 19.13% so far.
You will get Rs 1.88 crore on investment of Rs 1 lakh
By November 29, 2024, if one had invested more than Rs 1 lakh in the fund at its inception in 1995, it would have grown to around Rs 1.88 crore by now. The biggest thing is that it is Rs 1.52 crore more than the Nifty 500 TRAI benchmark. Additionally, if you had invested in the fund with an SIP of Rs 10,000 per month (total investment would have been Rs 35.90 lakh), the returns would have increased to around Rs 20.65 crore. According to a report by Financial Express, HDFC Flexi Cap Fund invests in those companies which can give good returns in the long term. Additionally, the fund's bottom-up investment process is also based on strong companies that can deliver returns in the mid-term and long term. Furthermore, HDFC Flexi Cap Fund has a diversified portfolio. That is, the fund invests by dividing its portfolio into different sectors and segments, which helps in reducing risk and generating stable returns.
May be suitable for long term investors
Data shows that HDFC Flexi Cap Fund has given good returns in the long run. Additionally, the fund's diversified portfolio has also protected investors from market risk. However, in such funds, the market often faces ups and downs. This is why if you are investing in equity then you should have the ability to bear more risk.
Disclaimer : Investing in mutual funds and stock market is based on risk. Before investing in the stock market, definitely consult your financial advisor. tezzbuzz.com will not be responsible for any financial loss.
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