Comparison Of HDFC Growth Fund & HSBC India Opportunities Fund

HDFC Growth Fund

It is an open ended equity diversified fund by HDFC Mutual Fund. Asset size of the fund is Rs 1,303.45 Cr (30 June 2011). Fund started on 11 Sep 2000. Rs 5,000 is the minimum investment. Fund’s one year return is 3.1%. Nifty’s one year return is 0.5%. 2008 was a horrible year for global stock markets. Nifty gave a negative return of 51% in the year. Fund also gave a negative return of 48.8% in that period. 2009 was a tremendous year for Indian stock markets. Nifty gave 75% return in the year. Fund gave 72.3% return in that period. Fund gave 18.1% and 17.6% annualized return in the last five and two years respectively.

Infosys, Reliance Industries, ICICI Bank, State Sank of India, ITC, Bharat Petroleum Corporation, Housing Development Finance Corporation, Solar industries India, Divis Laboratories, Bank of Baroda, Zee Entertainment Enterprises, Sun Pharmaceutical Enterprises, Bharti Airtel, Cipla, NTPC, JBF Industries and Crompton Greaves are the top holdings of the fund. Banking/Finance, Oil & Gas and Pharmaceuticals are the main sectors preferred by the fund. 96.69% of amount is invested in equities. 52 week high and low of NAV is Rs 97.11 and Rs 80.17 respectively. NAV of the fund closed at Rs 86.296 (1 August 2011).

HSBC India Opportunities Fund

HSBC India Opportunities Fund

It is an open ended equity diversified fund by HSBC Mutual Fund. Asset size of the fund is Rs 181.38 Cr (30 June 2011). Fund started on 13 Feb 2004. Rs 1,0000 is the minimum investment. Fund’s one year return is 3.9 %. Nifty’s one year return is 0.5%. 2008 was a pathetic year for global capital markets. Nifty gave a negative return of 51% in the year. Fund also gave a negative return of 55% in that period. 2009 was a better year for Indian stock markets. Nifty gave 75% return in the year. Fund gave 57.9% return in that period. Fund gave 10.6% and 9.8% annualized return in the last five and two years respectively.

Bosch, Larsen & Toubro, Infosys, Reliance Industries, HDFC Bank, ICICI Bank, ITC, Housing Development Finance Corporation, Bharat Heavy Electricals, State Bank of India, Tata Consultancy Services, Bank of Baroda, Bharti Airtel, Oil & Natural Gas Corporation, Info Edge India, Coromandel International and Aventis Pharmna are the top holdings of the fund. Banking/ Finance, Oil & Gas and Automotive are the main sectors preferred by the fund. 81.15% of amount is invested in equities. 52 week high and low of NAV is Rs 39.13 and Rs 32.17 respectively. NAV of the fund closed at Rs 34.614 (2 August 2011).

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