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Yogi Zone

Useful articles for your finance management by our team of experts

Mutual Fund Review – HDFC Prudence

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Name of the Fund: HDFC Prudence (G)

Ranked #4 by CRISIL

Category: Balanced

Expense Ratio: 2.25%

Risk Level: Above Average

Benchmark: Crisil Balanced

Objective:  To provide periodic returns and capital appreciation over a long period of time, from a judicious mix of equity and debt investments, with the aim to prevent/ minimise any capital erosion.

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Returns (Annualized)

1-Year3-Year5-Year
-0.02%3.17%20.69%

Our Review

hdfc prudenceHDFC Prudence (G) fund was launched in the year 1994. It is in the balanced fund category with 75% exposure to equity instruments and rest in debt. Since launch in Dec 1993, it has delivered annualized returns of 19%.

Also Read: Best Mutual Funds to Invest

Top holdings include Infosys, ICICI bank, Tata Motors, Reliance, and SBI. The fund manager has been Prashant Jain since its inception. It has always beaten the category average except in a couple of years when the markets were in turmoil. You can choose this balanced fund if you want to invest for a goal which is 4-5 years away. For longer goals, you can choose equity and debt funds according to your asset allocation.

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