{"id":1706,"date":"2018-02-26T09:01:50","date_gmt":"2018-02-26T03:31:50","guid":{"rendered":"https:\/\/www.antworksmoney.com\/blog\/?page_id=1706"},"modified":"2019-09-25T18:21:55","modified_gmt":"2019-09-25T12:51:55","slug":"hdfc-prudence-fund","status":"publish","type":"post","link":"https:\/\/www.antworksmoney.com\/blog\/hdfc-prudence-fund\/","title":{"rendered":"HDFC Prudence Fund"},"content":{"rendered":"

This is an open ended balanced mutual fund scheme.<\/p>\n

Investment objective<\/h2>\n

The objective here is to offer capital appreciation and periodic returns over the long term with the aim to minimize capital erosion.<\/p>\n

Fund information<\/h2>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Inception date<\/td>\n01\/02\/1994<\/td>\n<\/tr>\n
CRISIL rank<\/td>\nRank 4 out of 5<\/td>\n<\/tr>\n
Schemes<\/td>\n\n
    \n
  • Direct Plan \u2013 Growth Option<\/li>\n
  • Direct Plan \u2013 Dividend Option<\/li>\n
  • Growth Option<\/li>\n
  • Dividend Option<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n
Entry load<\/td>\n0%<\/td>\n<\/tr>\n
Exit load<\/td>\n1% if redeemed within 1 year<\/td>\n<\/tr>\n
Minimum investment<\/td>\n\n
    \n
  • Rs.5,000 for new investors<\/li>\n
  • Rs1,000 for existing investors<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n
SIP<\/td>\n\n
    \n
  • Minimum Rs.500 for monthly subscription<\/li>\n
  • Min. Rs.1,500 for quarterly subscription<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n
Product label \u2013 Risk and target investors<\/td>\nModerately high risk. Meant for investors looking for periodic returns in a balanced fund with long term capital growth.<\/td>\n<\/tr>\n
Benchmark<\/td>\nCRISIL Balanced Fund Index. This benchmark is primarily used to track performance of equity-oriented balanced mutual funds. The index has a blend of CNX Nifty Index (65%) and CRISIL Bond Fund Index (35%).<\/td>\n<\/tr>\n
SWP<\/td>\nYes. Available in Fixed and Variable variants. Frequency of withdrawals are monthly, quarterly half yearly and yearly for Fixed SWP and quarterly, half yearly and yearly for Variable SWP.<\/td>\n<\/tr>\n
STP<\/td>\nYes. Available in two variants namely Fixed Systematic Transfer Plan (FSTP) and Capital Appreciation Systematic Transfer Plan (CASTP). Daily, Weekly, Monthly and quarterly transfer plans are available.<\/td>\n<\/tr>\n
Redemption<\/td>\n3-4 days<\/td>\n<\/tr>\n
Taxation (on investment and on redemption)<\/td>\nAs per applicable sections under the Income Tax Act.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Portfolio \u2013 Sector \/ Top 10 holdings*<\/h2>\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Name<\/td>\nSector<\/td>\nClass<\/td>\nAllocation (%)<\/td>\n<\/tr>\n
Infosys Ltd<\/td>\nTech<\/td>\nEquity<\/td>\n5.53<\/td>\n<\/tr>\n
State Bank of India<\/td>\nFinancial<\/td>\nEquity<\/td>\n5.32<\/td>\n<\/tr>\n
ICICI Bank Ltd<\/td>\nFinancial<\/td>\nEquity<\/td>\n5.26<\/td>\n<\/tr>\n
Larsen & Toubro Ltd<\/td>\nDiversified<\/td>\nEquity<\/td>\n4.95<\/td>\n<\/tr>\n
8.3% GOI 2042<\/td>\nSovereign<\/td>\nCentral Govt. Loan<\/td>\n4.22<\/td>\n<\/tr>\n
Maruti Suzuki India Ltd<\/td>\nAuto<\/td>\nEquity<\/td>\n3.11<\/td>\n<\/tr>\n
Aarti Industries Ltd<\/td>\nChemicals<\/td>\nEquity<\/td>\n3.09<\/td>\n<\/tr>\n
Aurobindo Pharma Ltd<\/td>\nHealthcare<\/td>\nEquity<\/td>\n2.42<\/td>\n<\/tr>\n
8.97% GOI 2030<\/td>\nSovereign<\/td>\nCentral Govt. Loan<\/td>\n2.26<\/td>\n<\/tr>\n
Bharti Airtel Ltd<\/td>\nTelecom<\/td>\nEquity<\/td>\n2.24<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

*As on 2nd Sept 2015<\/em><\/p>\n

Risk measures<\/h2>\n\n\n\n\n\n\n
Standard Deviation<\/td>\n16.37<\/td>\n<\/tr>\n
Sharpe Ratio<\/td>\n0.84<\/td>\n<\/tr>\n
Alpha<\/td>\n5.79%<\/td>\n<\/tr>\n
Beta<\/td>\n1.24<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Performance*<\/h2>\n\n\n\n\n\n
AUM<\/td>\nRs.8,711 crores (Growth)<\/td>\n<\/tr>\n
NAV<\/td>\n\n
    \n
  • Direct Plan \u2013 Dividend Option: Rs.33.9060<\/li>\n
  • Direct Plan \u2013 Growth option: Rs.366.5450<\/li>\n
  • Dividend Option: Rs.30.7080<\/li>\n
  • Growth Option: Rs.360.6530<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n
Expense Ratio<\/td>\n\n