Name of the Fund: HDFC Multiple Yield (G)
Crisil Rank: NA
Category: Hybrid – Debt
Expense Ratio: 1.92%
Risk Level: Below Average
Benchmark: Crisil MIP Blended
Objective: The primary objective of the Scheme is to generate positive returns over medium time frame with low risk of capital loss over medium time frame.
HDFC Multiple Yield fund (g) has made its inception in the year 2004. It has managed to beat the benchmark index consistently in the 1, 3 and 5 year returns. Top holdings of the fund include IDFC, PFC, LIC, Central bank of India and REC.
The fund has done excellently since inception. The fact that it has a mix of equity and debt instruments makes it balanced. If you have a balanced risk appetite, you can opt for this fund.