Fund Name: HDFC Top 200 (G)
Ranked #5 by CRISIL
Category: Large Cap
Expense Ratio: 2.25%
Risk Level: Medium
Benchmark: BSE 200
Objective: To generate long term capital appreciation from a portfolio of equity and equity-linked instruments primarily drawn from the companies in BSE 200 index.
HDFC top 200 (G) fund was launched in the year 1996. It invests in the top 200 scrips of the BSE 200 index. Since inception, it has generated returns of 21.57% annualized.
It invests up to 90% in equity instruments and rest in debt. This fund has been in the news for both best performance as well as worst performance. The past 3 years have been dismal for it. It has failed to even match the benchmark index in the last year. Though the fund has given brilliant returns in the last 5, 7 and 10 years, the past 3 years have been a night mare for it. For now, you can avoid this fund as there are better funds in the category to look at.