Want to invest money where there’s no risk of sinking? Mutual funds are a great option. But if I told you a mutual fund could double your money in just 9 months, you might think I’m joking. Well, it’s no joke! The HDFC Defence Fund has pulled off this amazing feat. This sectoral fund has made investors super happy and is now one of the top high return mutual funds out there.
According to ACEMF data, this fund has given around a 39% return in the last three months. Over the past 6 months, it’s delivered a 55.16% return. And in one year, it has an incredible return of 130.44%. Even the best stocks can’t match that.
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Incredible Returns: Breaking Down the Numbers
If someone had started a SIP of ₹10,000 per month at the start of this fund, their investment would now be worth ₹2.28 lakh. It’s consistently hitting an XIRR of 147.90%. XIRR, or Extended Internal Rate of Return, calculates the annual return on continuous investments. So, with an investment of around ₹1.30 lakh, you’d see a profit of about ₹1 lakh.
This fund is giving a CAGR return of 122.95 percent. According to this, if someone had invested a lump sum of Rs 1 lakh in the beginning, that fund would have turned into Rs 2.45 lakh by now.
Top Stocks in the HDFC Defence Fund Portfolio
The fund’s CAGR return is 122.95%. This means if you had invested a lump sum of ₹1 lakh in the beginning, it would now be worth ₹2.45 lakh. The fund has stocks in Aerospace and Defense, Explosives, Construction Vehicles, Industrial Products, Civil Construction, and the Airline Industry. According to Moneycontrol, this fund has invested a lot in Hindustan Aeronautics Limited (HAL). As of July 16, 2024, 21.22% of the money is in HAL, and 19.80% is in Bharat Electronics Limited (BEL). The remaining top stocks include-
| Scheme Name – HDFC Defence Fund – Regular Plan – Growth | ||
| Name of the stock | Sector | % invested in |
| Hindustan Aeronautics Ltd. | Aerospace & Defence | 21.22% |
| Bharat Electronics Ltd. | Aerospace & Defence | 19.80% |
| Premier Explosives Ltd. | Explosives | 8.09% |
| Astra Microwave Products Ltd. | Aerospace & Defence | 6.21% |
| Bharat Earth Movers Ltd. | Construction vehicles | 5.95% |
| Solar Industries India Ltd. | Explosives | 5.79% |
| Cyient DLM Ltd. | Industrial Products | 5.57% |
| MTAR Technologies Ltd. | Aerospace & Defence | 4.46% |
| Larsen & Toubro Ltd. | civil construction | 3.47% |
| InterGlobe Aviation Ltd. | Airlines | 3.06% |
Disclaimer
Information here is for education only. Not investment advice. Consult a financial advisor for decisions."
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