Professional Documents
Culture Documents
A Mutual fund is a common pool of money into which investors place their contrib
utions that are to be invested in accordance with a stated objective.
Mutual Fund Operation Flow Chart
History of Mutual Fund Industry
Inception of UTI (Unit Trust of India) in 1963. It started its operation in July
1964 Introduction of Public Sector MF Institution in 1987 - LIC & GIC in 1987 -
SBI MF June 1987 - Canbank MF December 1987, - Punjab National Bank MF August 1
989 - Bank of India MF June 1990 & - Bank of Baroda MF Oct 1992 Introduction of
Private MF institution in 1993
Classification of Mutual Fund
Why one should invest inMutual fund?
HDFC Asset Management Company Ltd (AMC) was incorporated under the Companies Act
, 1956, on December 10, 1999, and was approved to act as an Asset Management Com
pany for the HDFC Mutual Fund by SEBI on July 3, 2000. The registered office of
the AMC is situated at Ramon House, 3rd Floor, H.T. Parekh Marg, 169, Backbay Re
clamation, Churchgate, Mumbai - 400 020
• The present equity shareholding pattern of the AMC is as follows:Particulars
Housing Development Finance Corporation Limited Standard Life Investments Limite
d % of the paid up equity capital 60 40
Vision Statement
Why HDFC Mutual Fund?
HDFC Mutual Fund is one of the largest mutual funds and well-established fund ho
use in the country with consistent and above average fund performance across cat
egories since its incorporation on December 10, 1999. While our past experience
does make us a veteran, but when it comes to investments, we have never believed
that the experience is enough.
Our Investment Philosophy
The single most important factor that drives HDFC Mutual Fund is its belief to g
ive the investor the chance to profitably invest in the financial market, withou
t constantly worrying about the market swings. To realize this belief, HDFC Mutu
al Fund has set up the infrastructure required to conduct all the fundamental re
search and back it up with effective analysis. Our strong emphasis on managing a
nd controlling portfolio risk avoids chasing the latest “fads” and trends.
We Offer
HDFC Asset Management Company (AMC) is the first AMC in India to have been assig
ned the ‘CRISIL Fund House Level – 1’ rating. This is its highest Fund Governance and
Process Quality Rating which reflects the highest governance levels and fund man
agement practices at HDFC AMC. It is the only fund house to have been assigned t
his rating for two years in succession
Selection of Three Funds for Study
Funds which are selected for study are; - For Equity Related fund
HDFC Top 200 Fund
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.
Nature of Scheme :- Open Ended Growth Scheme Inception Date :- October 11, 1996
Option/Plan :- Dividend Plan, Growth Plan.
The Dividend Plan offers Dividend Payout and Reinvestment Facility.
Nature of Scheme :- Open Ended Growth Scheme Inception Date :- Sept 17, 2007 Opt
ion/Plan :- Dividend Plan, Growth Plan. Fund Manager Benchmark
The Dividend Plan offers Dividend Payout and Reinvestment Facility. :- Mr. Vinay
Kulkarni (since Nov21, 06)* :- BSE 200
Portfolio- Top 10 Holding (as at Nov 30, 2008)
HDFC Capital Builder Fund
Investment Objective:
To achieve capital appreciation in the long term.
Looking at the performance of all the three funds of last 1 year we can say that
HDFC Top 200 Fund is the top performer among the three funds
Funds which are selected for study are:- For Hybrid Fund
HDFC Prudence Fund
:- Mr. Prashant Jain (since Jun19, 03)* :- CRISIL Balanced Fund Index
Investment Pattern
The asset allocation under the Scheme will be as follows :Sr.No Type of Instrume
nts 1. 2. Equities and Equity Related Instruments Debt & Money Market Instrument
s Normal Allocation (% of Net Assets) 40 - 75% 25 - 60% Medium to High Low to Me
dium Risk Profile
Portfolio- Top 10 Holding (as at Nov 30, 2008)
HDFC Balanced Fund
Looking at the performance of all the three funds of last 1 year we can say that
HDFC Balanced Fund is the top performer among the three funds
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