HDFC Developed World Indexes Fund of Fund - Review

 

HDFC Developed world index fund is a fund of fund that aims to generate returns through investments in a combination of ETFs and Index Funds. The scheme will endeavour to track the performance of the MSCI World Index.

This Fund is suitable for investors who are seeking

• Returns that closely correspond to the performance of the MSCI World Index, subject to tracking error over long term.
• Investment in Units/Shares of overseas equity Index Funds and/or ETFs.

Benchmark: MSCI World Index (Net Total Returns Index)

Categories: Fund of Funds.

Suggested Investment Period: 3 Years and Above.

Investment Objectives:

The Scheme's investment target is to provide long-term capital appreciation by passively investing in units/shares of overseas Index Funds and/or ETFs which closely correspond to the MSCI World Index in aggregate, subject to tracking errors.

Fund Manager:

Mr. Krishan Kumar Daga is a part of HDFC AMC since September 17, 2021. He has collectively over 28 years of experience, out of which 11 years in Fund Management and 12 years in Equity Research.

Risk Return Profile is Very High for HDFC Developed world indexes fund of fund.

Where this Scheme invests?

The scheme will invest in five global funds that track Europe, Japan, Pacific (ex-Japan), Canada and the US.

NFO opens on 17/09/2021 and closed on 01/10/2021

Entry & Exit Load:

Entry Load: Not Applicable

Exit Load: 1% is applicable if Units are redeemed/switched-out after 30 days from the date of allotment. 

Lock-In-Period: Nil

Investment options:

• Regular Plan and Direct Plan (each plan offers Growth option only)

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NJ Flexi cap Fund — NFO, SBI Retirement Benefit Fund, Top 5 Advantages of Equity SIP.

Top 30 Mutual funds for 2021-22.

We all want to accumulate wealth, thus we invest in various investment vehicles such as bank deposits, stock markets, real estate, gold bonds, land, gold & silver, post deposits, LIC (which is insurance but is considered an investment in India), and Mutual Funds. I'm going to talk about mutual funds and give you information on the top thirty mutual funds for 2021-22.

We all know about mutual funds. Nowadays, after Covid-19, mutual funds are a hot favourite investment instrument for us. And why not? They are given handsome returns, especially after Covid-19. Some mutual funds give a return of more than 100%.

Click here for details of upcoming NFOs.

Banks cut their interest rates on fixed deposits and other term deposits, while mutual funds and the stock market became our top performing investment objectives.

List of the best profitable mutuals fund in India as under.

(analyses of last 5 years)

Top 5 Large cap funds.

1. IDBI India Top 100 Equity Fund -Growth 

2. Canara Rebeco Bluechip Fund -Direct Plan -Growth

3. Axis Bluechip fund -Direct Plan -Growth

4. BNP Praibas Large Cap Fund -Direct Plan -Growth

5. Kotak Bulechip Fund -Direct Plan -Growth

(Selection criteria minimum return @ 18.50% for 3 Years)

Top 5 Large & Mid-Cap Fund.

1. Mirae Asset Emerging Bluechip Fund -Direct Plan -Growth

2. DSP Equity Opportunities Fund -Direct Plan -Growth

3. Quant Large and Mid-cap Fund -Direct Plan -Growth

4. Canara Robeco Emerging Equities -Regular Plan -Growth

5. Edelweiss Large and Mid-cap Fund -Direct Plan -Growth

(Selection criteria minimum return @ 19% for 3 Years)

Top 5 Midcap Fund.

1. PGIM India Midcap Opportunities Fund -Growth

2. Quant Midcap Fund -Direct Plan -Growth

3. Kotak Emerging Equity -Direct Plan -Growth

4. Axis Midcap Fund -Growth

5. Nippon India Growth Fund -Direct Plan -Growth

(Selection criteria minimum return @ 22% for 3 Years)

Top 5 Smallcap Fund.

1. Quant Small cap -Growth

2. Kotak Small cap Fund -Direct Plan -Growth

3. Axis Small cap Fund -Direct Plan -Growth

4. ICICI Prudential Small cap Fund -Direct Plan -Growth

5. Sundaram Emerging Small cap -Series 6 -Direct Plan -Growth

(Selection criteria minimum return @ 25% for 3 Years)

Top 5 Multi cap Fund

1. Quant Active Fund -Direct Plan -Growth

2. Edelweiss Maiden Opportunities Fund -Series I -Direct Plan -Growth 

3. Edelweiss Recently Listed IPO Fund -Direct Plan -Growth

4. Mahindra Manulife Multi cap Badhat Yojana -Direct Plan -Growth

5. Kotak India Growth Fund -Series IV Direct Plan -Growth

(Selection criteria minimum return @ 25% for 3 Years)

Top 5 Flexi cap Fund

1. PGMI India Flexi cap fund -Direct Plan -Growth

2. DSP Flexi cap Fund -Direct -Growth

3. Parag Parikh Flexi cap Fund -Direct Plan -Growth

4. Canara Robeco Flexi cap Find -Direct Plan -Growth

5. UTI Flexi cap Fund -Direct -Growth

(Selection criteria minimum return @ 21% for 3 Years)

These are the funds which given good-looking returns in past 3 years and also currently doing good in current market too. The Stock market is on its best nowadays, so as Indian Economy also doing well. People are always looking to safe and high return giving option. Mutual funds are safer than investing in stocks. 

The mutual fun includes index funds, hybrid funds, contra funds, focused fund, value fund, and Equity mutual funds which are given taxation relief too. I will try to cover all funds in my next blog, so please stay connected.

Most important: all the details are collected form moneycontrol.com.

Details of Upcoming NFOs.

NJ Balanced Advantage fund 

NJ Flexi cap fund

Click here for more mutual funds and stock market ipo details.

NJ BALANCED ADVANTAGE FUND - NFO

 

NJ Balanced Advantage Fund is an open-ended Dynamic Asset allocation fund. This fund is suitable for those investors who are looking for Long Term Capital Growth & Dynamic asset allocation between equity and specified debt securities.

A new fund is being offered. It will open on October 8, 2021 and close on October 22, 2021.

Plans / Options:

• Regular Plan
• Direct Plan

Each Plan Offers the following two Options.

• Growth Option &
• Payout of Income Distribution cum Capital withdrawal Option (IDCW)  

Upcoming flexi cap fund - NJ FLEXI CAP FUND.

Face value: Rs.10/-

Benchmark: Nifty 50 Hybrid Composite Debt 50:50 Index

Minimum Application Amount: 500/- Rs. and multiples of 1/- Rs. thereof.

Exit Load:

If redeemed or switched out within 30 days of allotment, the exit load will be charged at 1% for the first 30 days, then it will be zero.

Transaction Charges:

• First time investor in a Mutual Fund, the distributor may be paid Rs.150/- as transaction charge per subscription of  Rs.10000/- and above.
• For existing investors in a Mutual Fund, the distributor may be paid Rs.100/- as transaction charge per subscription of Rs. 10000/- and above.
• In case of SIP's the transaction charge shall be applicable only if the total commitment through SIP's amount to Rs. 10000/- and above. In such cases, the transaction charge shall be recovered in 3-4 instalments.

Overview of SBI Retirement Benefit Fund

Levy of Stamp Duty on applicable on Mutual Fund Transaction will be 0.005%.

NJ Balance Advantage fund nfo asset allocation details.

Instruments	Indicative Allocations (% of total assets)		Risk Profile
	Minimum	Maximum	High/Medium/Low
Equity & Equity related instruments including Derivatives	0%	100%	Medium to High
Specified Debt Securities	0%	100%	Low to Medium

• The scheme may also invest in derivatives instruments to the extent of 50% of the net asset of the scheme. The scheme will not have a leveraged position in derivatives.  
• The scheme will not invest in foreign securities, securitized debt and equity linked debentures.
• The scheme will not invest in debt investments.

Where will the NJ Balanced Advantage fund invest?

1. Equity related instruments include convertible debentures, convertible preference shares, warrants carrying the right to obtain equity shares, equity derivatives and such other instrument as may be specified by the Board from time to time.
2. Equity Derivatives, which are financial instruments, generally traded on the stock exchange, the price of which is directly dependent upon the value of equity shares or equity indices. Derivative involve the trading of rights or obligations based on the underlying, but do not directly transfer property.
3. TREPS, Repo / Reverse (in Government securities), Treasury bills, cash and cash equivalents.
4. Government securities issued by central, state governments and other securities issued by RBI from time to time.

Top 5 Advantages of Equity SIP.

Who manages the fund?

Mr. Rishi Sharma. (B.Com, PGDBA)

Minimum Target Amount: Rs.10 Cr.

Annual Scheme Recurring Expenses:

• Investment Management and Advisory Fee up to 2.25%.
• Additional expenses up to 0.05%.
• Additional expenses for gross new inflows form specified cities up to 0.30%.

Sponsor of the Fund: NJ India Invest Private Limited.

NJ FLEXI CAP FUND

NJ Flexi Cap Fund is an open-ended dynamic equity scheme that invests in large-cap, mid-cap, and small-cap stocks.

The product is suitable for investors who are seeking:

• Long term capital growth.
• Investment predominantly in equity & equity related instruments.

Investment objective of NJ Flexi cap fund:

The investment objective of the scheme is to generate long-term capital appreciation by investing in equity and equity related instruments across market capitalizations.   

Overview of sbi retirement benefit fund.

Plans:

1. Regular Plan
2. Direct Plan 

each plan offers the following two Options:

1. Growth Option and
2. Payout of Income Distribution cum capital withdrawal option (IDCW)

Risk Factor:

Top 5 Advantages of Equity SIP

Face Value: 10/- Rs.

Benchmark: Nifty 500 TRI

Minimum Application Amount: 

Lump sum Investment: Rs. 500/- and multiples of Rs. 1/- thereafter.

Additional Application: Rs. 500/- and multiples of Rs. 1/- thereafter.

For SIP/STP & SWP: Rs. 500/- and multiples of Rs. 1/- thereafter.

Minimum Redemption: 

There will be no minimum Redemption criteria.

Mutual fund - A New Age Wealth Creator 

Transparency/ NAV Disclosure:

The AMC will calculate and disclose the first Net Asset Value within a period of 5 business days from the date of allotment. Subsequently, the AMC will calculate and disclose the NAVs on all business days.

Entry & Exit Loads:

Entry Load : Not Applicable

Exit Load: If redeemed / switch-out within 30 days of allotment, exit load will be charged @ 1%, thereafter exit load will be zero.

Transaction Charges:

• For a first time investors in a Mutual Fund, the distributor may be paid Rs.150/- as transaction charge per subscription of Rs. 10000/- and above.
• For existing investors in  a Mutual Fund, the distributor may be paid Rs.100/- as transaction charge per subscription of Rs. 10000/- and above.
• In case of SIP's, the transaction charge shall be applicable only if the total commitment through SIP's amounts to Rs. 10000/- and above. In such cases, the transaction charge shall be recovered in 3-4 instalments.

Levy of Stamp Duty on  Applicable Mutual Fund Transaction will be @ 0.005%.

Fund Manager:

Rishi Sharma (B.Com, PGDBA).

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Minimum Target Amount: 10 Crores only.

Details of Annual Scheme Recurring Expenses under the Scheme is as follows:

1. Investment Management & Advisory Fee: up to 1.85%
2. Maximum total expense ratio (TER) permissible up to 2.25%
3. Additional expense permissible up to 0.05%
4. Additional expense for gross new inflows from specified cities up to 0.30%.

Sponsor of the fund: NJ India Invest Private Limited.

Who is NJ India Invest Private Limited?

NJ Group is a leading player in Indian Financial Services industry known for its strong distribution capabilities. Mr. Neeraj Choksi & Mr. Jignesh Desai are two first generation entrepreneurs who began the journey of “NJ” in 1994. NJ group has 95+ offices in 19+ states with the 1475 employees. The group also manage 115000+ crores AUM with 20000+ active Distributors. 

List of industries where NJ group is engaged.

• NJ Wealth 
• NJ PMS
• NJ Insurance
• NJ Globe Invest
• NJ Capital
• NJ India Realty
• NJ Technologies
• Refresh Wellness 
• Q interior
• NJ Charitable Trust.

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