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Products Home / Products / Equity / Growth Fund / HDFC Top 200 Fund
 
HDFC Top 200 Fund Print

This product is suitable for investors who are seeking*:
  • capital appreciation over long term.
  • investment in equity and equity linked instruments including equity derivatives primarily drawn from the companies in the S&P BSE 200 Index.
  • high risk. (BROWN)

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Note: Risk is represented as:

(BLUE) investors understand that their principal will be at low risk (YELLOW)) investors understand that their principal will be at medium risk (BROWN) investors understand that their principal will be at high risk

Investment Objective
To generate long term capital appreciation from a portfolio of equity and equity-linked instruments primarily drawn from the companies in BSE 200 index.

Basic Scheme Information
Nature of Scheme Open Ended Growth Scheme
Inception Date October 11, 1996
Option/Plan

Existing Plan : Dividend Option,Growth Option. The Dividend Option offers Dividend Payout and Reinvestment Facility.

Direct Plan (w.e.f. 01 Jan 2013) : Dividend Option, Growth Option. The Dividend Option offers Dividend Payout and Reinvestment Facility.

Entry Load
(For Lumpsum Purchases and investments through SIP/STP)
NIL
Unfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based on the investors' assessment of various factors including the service rendered by the ARN Holder.

Please click here to go through the addendum.
Exit Load
(as a % of the Applicable NAV)
  • In respect of each purchase / switchin of units, an Exit Load of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment..
  • No Exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment.
  • Introduction of Direct Plan - modification in the Exit Load provisions, click here to read
Minimum Application Amount
(click here for SIP Details)
For new investors : Rs.5000 and any amount thereafter.
For existing investors : Rs. 1000 and any amount thereafter.
Lock-In-Period Nil
Net Asset Value Periodicity Every Business Day.
Redemption Proceeds Normally dispatched within 3-4 Business days
Tax Benefits
(As per present Laws)
Please click for details
Current Expense Ratio (#)
(Effective Date 01st October 2012)

On the first 100 crores daily net assets 2.50%
On the next 300 crores daily net assets 2.25%
On the next 300 crores daily net assets 2.00%
On the balance of the net assets 1.75%

In addition to the above a charge of 20 bps on the daily net assets plus a proportionate
charge in respect sales beyond T-15 cities subject to maximum of 30 bps on daily net assets

 

Excluding Service Tax on Investment Management Fees, if any. 

Direct Plan shall have a lower expense ratio by 0.57%.

(#) Any change in the expense ratio will be updated within two working days.



Plan Name NAV Date NAV Amount
Direct Plan - Dividend Option25 Jul 201450.6890
Direct Plan - Growth Option25 Jul 2014312.8950
Dividend Option25 Jul 201450.2100
Growth Option25 Jul 2014310.1680
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Investment Pattern
The asset allocation under the Scheme will be as follows :
Sr.No. Asset Type (% of Portfolio) Risk Profile
1 Equities and Equity Related Instruments Upto 100% (including use of derivatives for hedging and other uses as permitted by prevailing SEBI Regulations) Medium to High
2 Debt & Money Market Instruments* Balance in Debt & Money Market Instruments Low to Medium

* Investment in Securitised debt, if undertaken, would not exceed 20% of the net assets of the scheme.

The Scheme may also invest upto 25% of net assets of the Scheme in derivatives such as Futures & Options and such other derivative instruments as may be introduced from time to time for the purpose of hedging and portfolio balancing and and other uses as may be permitted under the regulations and guidelines.

The Scheme may also invest a part of its corpus, not exceeding 40% of its net assets, in overseas markets in Global Depository Receipts (GDRs), ADRs, overseas equity, bonds and mutual funds and such other instruments as may be allowed under the Regulations from time to time.

Subject to the Regulations and the applicable guidelines, the Scheme may, engage in Stock Lending activities. Also refer to Section on Stock Lending by the Fund in the SID.

If the investment in equities and related instruments falls below 65% of the portfolio of the Scheme at any point in time, it would be endeavoured to review and rebalance the composition.
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Investment Strategy

The investment strategy of primarily restricting the equity portfolio to the BSE 200 Index scrips is intended to reduce risks while maintaining steady growth. Stock specific risk will be minimised by investing only in those companies / industries that have been thoroughly researched by the investment manager's research team. Risk will also be reduced through a diversification of the portfolio.

The Trustee may from time to time at their absolute discretion review and modify the strategy, provided such modification is in accordance with the Regulations or in the event of a discontinuation of or change in the compilation or the constituents of the BSE 200 Index.

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Systematic Investment Plan (SIP) Details

Serial No. Scheme Name Minimum Application Amount(Rs.) Entry Load Exit Load
1 HDFC Top 200 Fund - Dividend / Growth* Rs.500 for Monthly & Rs.1500 for Quarterly NIL
  • In respect of each purchase / switch-in of units, an Exit Load of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment
  • No Exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment.
* SIP avaliable in Existing and Direct Plan
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Fund Manager
Mr. Prashant Jain (since Jun 19, 03)
Mr. Rakesh Vyas - Dedicated Fund Manager - Foreign Securities
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Portfolios - Holdings
Please click here to view complete Scheme Portfolios
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