Fund Name: HDFC Index Sensex Plus (G)
CRISIL Rank: NA
Category: Large Cap
Expense Ratio: 1.06%
Risk Level: Average
Benchmark: BSE Sensex
Objective: To invest 80 to 90% of the net assets of the Plan in companies whose securities are included in SENSEX and between 10% & 20% of the net assets in companies whose securities are not included in the Sensex.
HDFC Index Sensex Plus (G) has made its inception in the year 2002. Since inception, it has generated returns of 19.6% annualized. It has beaten the benchmark in the 3 and 5 year returns.
Top 5 holdings of the fund include ITC, Infosys, Reliance Industries, HDFC and HDFC Bank. It is an index fund which tracks Sensex and hence provides returns similar to it. You can buy this if you are a conservative investor.