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Wednesday, June 27, 2018

HDFC Long Term Advantage Fund

Best SIP Funds to Invest Online 

How has the HDFC Long Term Advantage Fund  performed? 
With a 10-year return of 10.42%, the fund has outperformed both the benchmark (5.08%) and the category average (8.11%) by a good margin. 

The HDFC Long Term Advantage Fund has outperformed the category and the index over the past decade. 








HDFC Long Term Advantage Fund  is a tax-saving fund has a patchy track record. While it delivered strong outperformance in 2016, its performance dipped last year. This is partly due to its higher tilt towards large-caps relative to many of its peers. The fund retains a compact portfolio of 40-odd stocks, with large positions in its top bets. The fund's top picks are all benchmark heavyweights, but otherwise its portfolio bets have little resemblance to the index. 

Even though financials form a chunk of its portfolio, it remains significantly underweight compared to the sector's weight in the index. The portfolio turnover ratio, or churn, is among the lowest, indicating a strict long-term holding orientation. Investors may opt for other proven funds offering more consistency in outperformance. 





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