How to Start Investment in HDFC Top 100 Fund with Rs 500?

HDFC Top 100 Fund is a large-cap focused equity scheme which invests approximately 99% assets in equity. As the scheme invests majorly in large-cap stocks, it brings stability and growth in the portfolio. The investors can generate risk-adjusted returns from this scheme over a long-term horizon as mentioned in the investment objective. Under the leadership of Prashant Jain since 2002, this scheme has maintained consistent performance and sustained the unfavourable markets as well. If you have Rs 500 to invest in mutual fund per month, then here are the points explaining why it is a suitable scheme to invest in.

Minimum SIP Amount

When you start investing in any mutual fund, the minimum investment amount is necessary. Every mutual fund has a limit to initiate investment either through SIP or lump sum mode of investment. When we look at the minimum amount to start an investment with HDFC Top 100 Fund, it is Rs 500 for SIP and Rs 5,000 for lump sum. From the minimum SIP amount, it is clear that you can easily start investing in this scheme. Apart from this, it is also the better approach than lump sum mode of investment to reduce the risk to lose the invested amount as SIP has the power to sustain volatility and provide risk-adjusted returns along with rupee-cost averaging and compounding benefits.

Time Horizon

If you are thinking to invest in HDFC TOP 100 Fund G for a short-term horizon, it is better to skip the investment in this scheme because the fund manager invests in equity securities to generate stable returns for a long-term horizon. So, if you are ready to invest in this scheme for a long-term horizon (5-years and more), it is a suitable scheme for your portfolio.

Expected Returns

Since inception, HDFC TOP 100 Fund growth has produced 19.84% annualized returns (as on 16th Jan 2019). Considering last 5, 7 and 10-years performance, it has generated around 14.94%, 14.42% and 18.18% annualised returns and outperformed both the benchmark and category’s average. Analysing the past performance and portfolio, you can expect higher returns from the scheme for a long-term horizon. With investment in this scheme, it is sure that your returns will be adequate to beat the returns generated from FD and savings bank deposits over time.

Zero Service Cost with MySIPonline

MySIPonline is an online mutual fund investment platform where you can get all the information about 22 AMCs and the schemes offered by them. You will also get top recommended fund list, tax calculator, SIP calculator, and free portfolio suggestions to choose the scheme. Amazingly, all the services offered by this platform is totally free. For starting investment in the mutual fund, you only have to register and complete the profile with us. After registering and completing the profile, you can consult with our experts and discuss your investment goal, risk-appetite, and expected rate of returns to get most suitable suggestions.

With MySIPonline, you can invest in HDFC Top 100 Fund with a minimum of Rs 500 through SIP and get relevant suggestions regarding your portfolio from time to time to make necessary changes. Still, if you have any doubt, you can contact our experts to get the most relevant solution for your investment problem.