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Top 5 HDFC Performing HDFC Mutual Funds To Invest In 2024

16 January 20244 mins read by Angel One
In this article, we'll discuss five top-performing HDFC mutual funds to help you make informed investment decisions for your financial goals.
Top 5 HDFC Performing HDFC Mutual Funds To Invest In 2024
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About HDFC Mutual Fund 

HDFC Mutual Fund is a leading asset management company in India, offering over 100 mutual fund schemes across various channels. These schemes include ETFs, debt schemes, hybrid schemes, and the best HDFC equity mutual funds. Equity funds invest primarily in stocks of different companies across market capitalisations, with the performance of underlying companies determining returns.

Investors can choose the best HDFC equity mutual fund from various schemes, including small-cap funds, mid-cap funds, large and mid-cap funds, and large-cap funds. Investing in equity mutual funds has both benefits and drawbacks. The best HDFC equity mutual funds distribute wealth in equity and related instruments, potentially generating significant returns. They typically hold around 40-50 stocks in their portfolio, reducing concentrated risk.

Equity funds cater to investors seeking long-term capital appreciation through a diversified portfolio. However, they are inherently volatile, with a moderate to high-risk quotient depending on market conditions.

We’ll reveal the top 5 hidden diamonds of HDFC, shining gems with the ability to grow and develop. 

HDFC Infrastructure Fund: This fund is the star performer, raking in a dazzling 61.44% return over the past year! Its 3-year average of 38.77% and 5-year average of 20.30% prove its consistent strength in capitalizing on India’s booming infrastructure sector. Buckle up for a high-speed financial ride with this ambitious fund.

HDFC Small Cap Fund: Don’t underestimate the nimble power of small caps! This fund delivered impressive returns of 49.59% in the past year, followed by a stable 36.69% average over 3 years and a healthy 23.89% average over 5 years. If you’re seeking growth potential with a touch less volatility, consider this dynamic gem.

HDFC Mid-Cap Opportunity Fund: Seeking a balanced blend of growth and stability? Look no further! This fund boasts a respectable 48.27% return in the past year while maintaining a 32.05% average over 3 years and a commendable 24.38% average over 5 years. It navigates the mid-cap space with maturity, making it a reliable companion for your portfolio.

HDFC Focused 30 Fund: This fund champions a concentrated approach, investing in just 30 carefully chosen stocks. While its one-year return of 34.58%, its consistent 3-year average of 29.78% and 5-year average of 20.27% demonstrate its focus on long-term stability and dividend income. It’s a wise choice for risk-averse investors seeking steady growth.

HDFC Dividend Yield Fund: Income-seekers, rejoice! This fund prioritizes consistent dividend payouts, delivering a 42.60% return in the past year, coupled with a 29.40% average over 3 years. While capital appreciation may be slower, the regular income stream makes it a valuable asset for generating passive income and building wealth over time.

Before embarking on any financial journey, it’s crucial to consider your risk tolerance and investment goals. HDFC Mutual Funds can serve as a reliable guide, providing diversification and thorough research. By navigating the ever-changing financial landscape with confidence, you can chart your course and embark on a journey towards financial abundance.

May your investment journey be smooth and yield abundant returns.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet, and is subject to changes. Please consult an expert before making related decisions.

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