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Prefer HDFC Top -200 for Big Money over Other Funds

July 17, 2009

I will be writing an Investment Strategy for the next 30 months to make that Big Money. For the same I shall be considering HDFC Top 200 Fund as the engine for us to ride and I am justifying my choice here.

Since my investment horizon is 30 months, and it was a blessing in disguise for me that SENSEX 30 months ago was around 14,000 levels as it is today.

I compared 3 year returns [just in case markets are extremely bad at the end of 30 months, give another 6 months grace] of diversified equity funds with good track record.

HDFC Top 200 fund has yielded 18.1%, 7.4% and 23.7% in the past 3, 2 and 1 year period respectively.

Reliance Growth Fund – 17.1%, 0.2% and 6.5% in the past 3, 2 and 1 year period respectively.

HDFC Equity Fund – 14.1% 0.2% and 19.1% in the past 3, 2 and 1 year period respectively.

IDFC Premier Equity – 26% 5% and 10% in the past 3, 2 and 1 year period respectively.

Since I saw Top 200 in the top 5 league I didn’t bother much to research others. You should read Mr. Prashant Jain’s interview on why HDFC fund house and the process for my decision. [WoW the article was published exactly a year ago on our website]

However, their are many contrarians in this world and I love them all. So if you have any other fund of your choice, sure, you can go ahead and Replace Top 200 with it 🙂

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