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Last Updated
10-Mar-2010
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HDFC Top 200 Fund
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HDFC Top 200 Fund is an open ended equity diversified fund. The primary investment objective of the scheme is to generate long term capital appreciation from a portfolio of equity and equity-linked instruments primarily drawn from the companies in BSE 200 index.
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Investment Strategy:
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The investment strategy is intended to reduce risks while maintaining steady growth by investing only in those companies/industries that have been thoroughly researched by the research team. Diversification of the portfolio is also considered for risk reduction.
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Scheme Features:
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• Type: An Open-ended Equity Growth Scheme
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• Inception Date: October 11, 1996
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• Plans/Options:
--> Growth Plan
--> Dividend Plan:
Dividend Payout option
Dividend Reinvestment Option
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• Minimum Application Amount:
--> For new investors: Rs.5000 and any amount thereafter.
--> For existing investors: Rs.1000 and any amount thereafter
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• Load Structure:
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Entry Load:
--> For subscription amount of less than 5 crores: 2.25%
--> For subscription amount greater than or equal to 5 crores: Nil
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Exit Load:
--> For purchase of less than 5 crores and redeemed within 1 year from
the date of allotment:1%
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• Benchmark Index: BSE 200
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• Systematic Investment Plan (SIP) : Available
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• Switch Facility: Available
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• Asset Under Management (AUM) : Rs.2440.85 Crores
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• Fund Manager:Mr. Prashant Jain
Mr. Anand Laddha (Dedicated Fund Manager-Foreign Securities)
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Asset Allocation:
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To Invest in HDFC TOP 200 FUND
Call :
9871173000,
011-45606223
Download Form
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Instrument
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Asset Allocation
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Risk Profile
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Equity and Equity Related Instruments
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Upto 100%
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Medium to High
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Debt and Money Market Instruments
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Balance
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Low to Medium
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*Investment in Securitized debt, if undertaken, would not exceed 20% of the net assets of the scheme.
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Performance of the Scheme:
(% returns as on 24/9/08)
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3 months
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6 months
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1 year
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3 year
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5 year
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HDFC Top 200 Fund
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2.28
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-7.41
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-10.29
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22.98
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33.95
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BSE 200
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-5.01
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-15.66
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-19.91
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16.54
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24.80
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Tax Benefits/Consequences:
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Income received from Mutual Fund:
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According to section 10(35) of the Act, any income received in respect of units of Mutual Fund specified under section 10(23D) is exempt from income tax in the hands of the unit holders. It has, however, been clarified that income arising from transfer of units of Mutual Fund shall not be exempt.
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Long term capital gains on transfer of units:
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Under Section 10(38), Long Term Capital Gain on sale of units of Equity Oriented Funds are exempt from Income Tax in the hands of unit holders, provided such units are sold to the Mutual Fund and are chargeable to STT.
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Short term capital gains on transfer of units:
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Section 111A provides that short-term capital gains arising on sale of units of Equity Oriented Funds are chargeable to income tax at a concessional rate of 10% plus applicable surcharge and cess, provided such units are sold to the Mutual Funds and are chargeable to STT
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Securities Transaction Tax (STT):
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As per chapter VII of the Finance (No.2) Act, 2004 pertaining to STT, the STT shall be payable by the seller @ 0.25 % on the sale of a unit of an equity oriented fund to the mutual fund.
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Tax Deduction at Source (TDS):
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In case of residents, no tax will be deducted at source. In case of non-residents, the provisions of section 195 may apply.
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Download Application Form
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