Background: HDFC Assets Management Company is sponsored by Housing Development Finance Corporation Limited (HDFC) and Standard Life Investment Ltd. HDFC incorporated in 1977 as the first specialized housing finance institution in India. HDFC AMC was incorporated on 10 December 1999, and today manages assets worth Rs 78197.90 crore at the end of June 2009.
HDFC Equity Fund (G) an open-ended equity-diversified scheme launched in December 1994.The scheme aims at providing capital appreciation through investments predominantly in equity-oriented securities.
The minimum investment amount for new investors is Rs.5000 and any amount thereafter while for existing investors it is Rs 1000 and any amount thereafter. The unit NAV of the scheme was Rs 161.40 per unit as on 13 July 2009.
Portfolio: The total net assets of the scheme increased by Rs 89.94 crore to Rs 3870.795 crore in June 2009.
HDFC Equity Fund (G) took fresh exposure to two stocks in June 2009. The scheme has purchased 62.50 lakh units (1.68%) of Suzlon Energy and 35.50 lakh units (0.67%) of Marico.
The scheme exited completely from Hero Honda Motors by selling 5.50 lakh units (1.95%) in June 2009.
Sector-wise, the scheme took no fresh exposure to any sector in June 2009. Sector-wise, the scheme exits completely from Automobiles-Motorcycles/Mopeds at 1.95% in June 2009.
The scheme had highest exposure to ICICI Bank with 36.50 lakh units (6.81% of portfolio size) followed by State Bank of India with 10.25 lakh units (4.62%), Oil & Natural Gas Corporation with 14.75 lakh units (4.07%) and Rural Electrification Corporation with 94.00 lakh units (3.97%) among others in June 2009.
It reduced its exposure from Axis Bank by selling 7.20 lakh units to 11.05 (by 1.38%), Maruti Suzuki India by selling 4.41 lakh units to 3.08 lakh units (1.19%), United Phosphorus by selling 22.50 lakh to 23.00 lakh units (1.12%) and AIA Engineering by selling 13.56 lakh units to 20.00 lakh units (0.96%) among others in June 2009.
Sector-wise, the scheme had highest exposure to Banks-Public Sector at 9.53% (from 10.41% in May 2009), followed by Banks-Private Sector at 9.37% (8.93%), Pharmaceuticals-Indian-Bulk Drugs & Formulation at 8.09% (6.86%) and Computers-Software-Large at 7.33% (6.89%) among others in June 2009.
Sector wise, the scheme had reduced exposure from Automobiles-Passenger Cars to 0.85% (by 1.19%), Pesticides/Agrochemicals-Indian to 0.85% (by 1.12%), Entertainment/Electronic Media Software to 7.20% (by 1.07%) and Refineries to 0.72% (by 0.90%) among others in June 2009.
Performance: The performance of scheme is benchmarked against S&P CNX 500 Index. The scheme has outperformed the benchmark index over all time periods.
The scheme has posted negative returns of 6.45% outperforming the S&P CNX 500 Index that declined 12.73% over 1 month period ended 13 July 2009.
Over 3 months period, the scheme advanced by 33.15% outperforming the benchmark index that gained 23.07%.
Return of the scheme rose 13.01% outperforming the benchmark index that down by 1.04% over 1 year period.
HDFC Equity Fund (G) an open-ended equity-diversified scheme launched in December 1994.The scheme aims at providing capital appreciation through investments predominantly in equity-oriented securities.
The minimum investment amount for new investors is Rs.5000 and any amount thereafter while for existing investors it is Rs 1000 and any amount thereafter. The unit NAV of the scheme was Rs 161.40 per unit as on 13 July 2009.
Portfolio: The total net assets of the scheme increased by Rs 89.94 crore to Rs 3870.795 crore in June 2009.
HDFC Equity Fund (G) took fresh exposure to two stocks in June 2009. The scheme has purchased 62.50 lakh units (1.68%) of Suzlon Energy and 35.50 lakh units (0.67%) of Marico.
The scheme exited completely from Hero Honda Motors by selling 5.50 lakh units (1.95%) in June 2009.
Sector-wise, the scheme took no fresh exposure to any sector in June 2009. Sector-wise, the scheme exits completely from Automobiles-Motorcycles/Mopeds at 1.95% in June 2009.
The scheme had highest exposure to ICICI Bank with 36.50 lakh units (6.81% of portfolio size) followed by State Bank of India with 10.25 lakh units (4.62%), Oil & Natural Gas Corporation with 14.75 lakh units (4.07%) and Rural Electrification Corporation with 94.00 lakh units (3.97%) among others in June 2009.
It reduced its exposure from Axis Bank by selling 7.20 lakh units to 11.05 (by 1.38%), Maruti Suzuki India by selling 4.41 lakh units to 3.08 lakh units (1.19%), United Phosphorus by selling 22.50 lakh to 23.00 lakh units (1.12%) and AIA Engineering by selling 13.56 lakh units to 20.00 lakh units (0.96%) among others in June 2009.
Sector-wise, the scheme had highest exposure to Banks-Public Sector at 9.53% (from 10.41% in May 2009), followed by Banks-Private Sector at 9.37% (8.93%), Pharmaceuticals-Indian-Bulk Drugs & Formulation at 8.09% (6.86%) and Computers-Software-Large at 7.33% (6.89%) among others in June 2009.
Sector wise, the scheme had reduced exposure from Automobiles-Passenger Cars to 0.85% (by 1.19%), Pesticides/Agrochemicals-Indian to 0.85% (by 1.12%), Entertainment/Electronic Media Software to 7.20% (by 1.07%) and Refineries to 0.72% (by 0.90%) among others in June 2009.
Performance: The performance of scheme is benchmarked against S&P CNX 500 Index. The scheme has outperformed the benchmark index over all time periods.
The scheme has posted negative returns of 6.45% outperforming the S&P CNX 500 Index that declined 12.73% over 1 month period ended 13 July 2009.
Over 3 months period, the scheme advanced by 33.15% outperforming the benchmark index that gained 23.07%.
Return of the scheme rose 13.01% outperforming the benchmark index that down by 1.04% over 1 year period.
No comments:
Post a Comment