Yogi Zone

Useful articles for your finance management by our team of experts

Mutual Fund Review – HDFC long term advantage

3 Flares 3 Flares ×

Name of the Fund: HDFC long term advantage (G)

Ranked #3 by CRISIL

Category: ELSS

Expense Ratio: 2.57%

Risk Level: Average

Benchmark: S&P BSE Sensex

Objective:  The primary objective of the Scheme is to generate long term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments.

Returns (Annualized)


Our Review

HDFC long term advantage fund has made its inception in the year 2001. Since launch, it has delivered a phenomenal return of 23.53% annualized. It has also consistently beaten its benchmark as well as category average.

Top holdings of the fund include Infosys, TCS, ICICI bank, ITC and L&T. This is an ELSS fund that provides returns as well as tax benefits. The returns since inception have been phenomenal. HDFC is also a fund house with good reputation. This will also add value to this fund.

3 Flares Facebook 2 Google+ 0 Twitter 1 Email -- 3 Flares ×