HDFC Focused 30 mutual fund has returned 35.25% in one year; should you invest?
Like many of its peers, HDFC Focused 30 mutual fund has a large-cap bias. It prefers fundamentally strong businesses, competitively placed in an industry with good prospects.
By ET Bureau |
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ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.
BASIC FACTS DATE OF LAUNCH 17 SEPTEMBER 2004 CATEGORY
Should You Buy This fund was earlier run as HDFC Core & Satellite, and adopted the focused mandate in 2018. While running a compact portfolio, it takes a sector-agnostic approach to provide diversification. Like many of its peers, it has a large-cap bias. It prefers fundamentally strong businesses, competitively placed in an industry with good prospects. The fund takes a long-term view and uses near-term volatility to reinforce conviction ideas. The fund’s long-term track record has shown erratic outcomes. However, it has managed a turnaround in return profile since 2021, outperforming the index consistently. A continued momentum in performance will make it a compelling offering.
New-Year Special: Focused funds offer 4.52% in 2022; HDFC Focused 30 Fund give 21%
