HDFC Mutual Fund Multibagger Scheme:HDFC Defence Fund is an open-ended equity mutual fund, whose direct plan has given a return of 106.10% in the last one year. That is, the money of those who invested a lump sum in this scheme a year ago has more than doubled. In a way, you can also call this equity fund a multibagger scheme of the last one year. Those who invested through SIP in this scheme of HDFC Mutual Fund have also made a good profit in one year.
How much return did you get in one year
Those who invested in HDFC Defence Fund have got excellent returns in the last one year. The one-year return of the direct plan of this scheme is 106.10 percent, which means that if a person had invested a lump sum of Rs 1 lakh a year ago, then his fund value would have now become Rs 2.06 lakh. Not only this, if someone had invested Rs 5000 every month through Systematic Investment Plan (SIP) in this scheme for a year along with the lump sum investment, then his fund value would have become around Rs 3 lakh. You can see its details in the calculation given below:
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HDFC Defense Fund (Direct Plan)
- Lumpsum investment 1 year ago: Rs 1 lakh
- Monthly SIP for 1 year: Rs 5000
- Total investment during 1 year: Rs 1.60 lakh
- Total value of the fund after 1 year: Rs 2,94,109 (Rs 2.94 lakh)
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what is the reason for success
HDFC Defence Fund is a sectoral equity fund, which mainly invests in shares of companies related to the defense sector. The major reason for the success of this fund is that the performance of companies related to the defense sector has been very good in the last one year. This is also confirmed by the fact that the scheme’s benchmark index Nifty India Defense Total Return Index has given a return of 139.45 percent in the last one year.
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Asset Allocation of HDFC Defence Fund
If we look at the asset allocation of HDFC Defence Fund, the share of equity is 95.09 percent and the share of cash/cash like instruments is 4.91 percent. There are a total of 20 stocks in the scheme’s portfolio, in which you can see the stocks with more than 5 percent weightage and their share in the portfolio here:
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Top Holdings of HDFC Defence Fund
(Stocks with more than 5% share)
1. UP Hindustan Aero: 21.22%
2. Bharat Electronics : 19.80 %
3. Premier Explosives : 8.09 %
4. Astra Microwave : 6.21 %
5. BEML Ltd. : 5.95 %
6. Solar Industries India: 5.79%
7. Cyient DLM Ltd. : 5.57%
(Disclaimer: This article is intended to provide information, not investment advice. Market risk is always associated with investing in mutual funds. Take any investment decision keeping in mind your risk profile and only after consulting a financial advisor)
