HDFC Large & Mid Cap Fund: 46.77% growth in last one year; Check updated CRISIL rank and more

Positioned within the Large & Mid-Cap Fund category, the HDFC Large and Mid Cap Fund boasts a formidable track record, underscored by its above-average performance among peers as per Crisil rankings. With a substantial fund size of ₹18,691.62 crore, constituting 8.57% of the investment in its category, the fund commands a significant market presence. Its expense ratio of 1.7% is marginally lower than the category average of 1.92%, enhancing its appeal to investors.

HDFC Large & Mid Cap Fund Performance Metrics:

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Analyzing key performance metrics reveals the fund’s resilience and potential for generating superior returns despite market fluctuations.

METRIC FUND VALUE  CATEGORY AVG
Standard deviation  12.38 12.05
Beta 0.99 0.94
Sharpe ratio 1.46 1.17
Treynors ratio 0.18 0.15
Jensens alpha 3.26 0.52

Investment Strategy and Suitability

The fund’s investment strategy focuses on capitalizing on growth opportunities across market segments while effectively managing risk. With 97.84% of its investments allocated to domestic equities, including significant proportions in large-cap, mid-cap, and small-cap stocks, the fund caters to investors with a medium to long-term investment horizon of 3-4 years. This strategy appeals to individuals seeking high returns while being prepared to weather moderate fluctuations in their investments.

HDFC Large & Mid Cap Fund Returns Analysis

Examining the fund’s performance over various investment durations provides deeper insights into its growth trajectory and potential for wealth creation.

  • One-Year Returns: Over the past year, the fund delivered a commendable return of 46.77%, surpassing both the Nifty LargeMidcap 250 TRI benchmark and the category average, showcasing its ability to capitalize on market opportunities amidst volatility.
  • Two-Year Returns: With a staggering absolute return of 75.46% over two years, significantly outperforming its peers, the fund underscores its prowess in generating sustained growth and value for investors.
  • Five-Year Returns: Over five years, the fund recorded a remarkable absolute return of 166.94%, substantially exceeding the category average. This long-term performance highlights the fund’s consistency and ability to deliver substantial returns over extended horizons.

Portfolio Composition

The fund’s portfolio reflects a strategic blend of equity holdings, comprising large-cap, mid-cap, and small-cap stocks. Notable holdings include HDFC Bank Ltd., ICICI Bank Ltd., Axis Bank Ltd., State Bank of India, and Infosys Ltd., among others. Its portfolio turnover ratio of 7.11% signifies a prudent approach to portfolio management, emphasizing long-term value creation.

HDFC Large & Mid Cap Fund: Comparative Performance

Category 1 D 1 M 3 M 6 M YTD 1 Y 2 Y 3 Y 5 Y
This Fund -0.51% 2.14% 7.17% 20.59% 11.50% 46.77% 32.31% 25.01% 21.67%
Nifty 50 -0.80% 0.27% 3.28% 12.98% 4.48% 22.01% 18.39% 13.70% 13.85%
Benchmark: Nifty LargeMidcap 250 TRI -0.52% 2.18% 7.21% 20.48% 11.21% 42.29% 29.91% 21.61% 20.95%
Category Average -0.42% 2.35% 7.89% 21.04% 12.75% 41.63% 28.21% 20.80% 19.51%
Category Rank 21/30 17/30 18/30 15/27 18/28 7/27 4/27 4/27 3/23
Best in Category 0.06% 5.44% 13.05% 34.39% 22.51% 66.09% 37.33% 28.01% 26.78%
Worst in Category -0.75% 0.37% 4.69% 9.70% 3.99% 22.55% 18.82% 13.31% 15.01%

HDFC Large & Mid Cap Fund Taxes

Long-Term Capital Gain Tax: If sold after holding for more than one year, a long-term capital gain tax of 10% applies, provided the total long-term capital gain exceeds ₹1 lakh. No cess or surcharge is included in this tax rate.

Short-Term Capital Gain Tax: Selling investments held for less than one year incurs a short-term capital gain tax of 15%, excluding any cess or surcharge.

Disclaimer: The information provided in this article is for educational and informational purposes only. It should not be considered as investment advice or a recommendation to invest in any particular mutual fund or asset class. Past performance is not indicative of future results, and investors should conduct their research and consult with a financial advisor before making any investment decisions. Investing in mutual funds involves risks, including the possible loss of principal invested.