This mutual fund has blown up faster than shares, investment doubled in 9 months, in which shares is the money invested? take notes
New Delhi. Invest your money where there is no risk of sinking. Mutual fund is one such place. But if we tell you that a mutual fund can double your money in just 9 months, you might not believe it. But it happened. HDFC Defense Fund has achieved this feat. This sectoral fund has made investors happy.
According to ACEMF data, the scheme has given around 39 per cent returns in the last three months. Talking about the last 6 months, it has given 55.16% return to the investors. It has given a whopping return of 130.44% in one year. Even good stocks don’t give that much profit.
See – Is it share or note printing machine, 900% profit in one year
If one had done an SIP of Rs 10,000 per month at the beginning of this fund, his investment would have turned into Rs 2.28 lakh by now. Because it is consistently earning XIRR of 147.90%. XIRR is called the extended internal rate of return. It is a method of calculating the annual return on a fixed investment. Accordingly, this investor would have invested around Rs.1.30 lakh. A profit of around one lakh rupees would have been seen.
The fund is giving a CAGR return of 122.95%. Accordingly, if one had invested Rs 1 lakh in the beginning, that fund would have turned into Rs 2.45 lakh by now.
In which stocks is the money invested?
The fund holds stocks related to aerospace and defense, explosives, construction vehicles, industrial products, civil construction and airline industries. According to Money Control data, the fund has invested more in Hindustan Aeronautics Limited (HAL). 21.22% of the amount has been invested in HAL till 16 July 2024. After that 19.80% is invested in Bharat Electronics Limited (BEL). The rest of the top stocks are as follows-
| Scheme Name – HDFC Defense Fund – Regular Plan – Growth | ||
| Stock Name | Department | % invested. |
| Hindustan Aeronautics Limited | Aerospace and Defense | 21.22% |
| BHARAT ELECTRONICS LIMITED | Aerospace and Defense | 19.80% |
| PREMIER EXPLOSIVES LIMITED | Explosives | 8.09% |
| Astra Microwave Products Ltd. | Aerospace and Defense | 6.21% |
| Bharat Earth Movers Limited | Construction vehicles | 5.95% |
| SOLAR INDUSTRIES INDIA LIMITED | Explosives | 5.79% |
| SCIENT DLM LIMITED | Industrial products | 5.57% |
| MTAR TECHNOLOGIES LIMITED | Aerospace and Defense | 4.46% |
| LARSON & TOUBROW LIMITED | Civil construction | 3.47% |
| INTERGLOBE AVIATION LIMITED | Airlines | 3.06% |
| Data Source – Money Control | ||
Tags: Investments and Returns, mutual fund, Mutual fund investors, Mutual contribution, A systematic investment plan
First Publication: July 16, 2024, 17:19 IST
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