Do you see a market crash in the near future?
Predicting the movements of the market is always difficult. But I do not foresee any big downfall from these levels. HDFC Growth Fund is an open-ended growth scheme. As a general strategy, the fund stays nearly fully invested in equities and related instruments at all points of time.
What is the strategic and tactical orientation of your fund?
The investment strategy is to invest in fundamentally sound companies that are likely to give better risk adjusted returns. The scheme will continue to have a diversified portfolio with a good mix of large- and mid-cap companies with a relatively high exposure to sectors that are likely to do well. The objective is to identify businesses with superior growth prospects and good management at a reasonable price.
Which are your top sector preferences? ,br>Since we adopt the bottom-up approach to investing, the importance of sectors gets diluted.