Fund Analysis

Stickler to Style

HDFC Multiple Yield Plan 2005 has maintained its style purity while displaying the ability to match the category average…

Strategy This fund invests around 85 per cent of the net assets in fixed income securities of roughly 15 month maturity and adopt a predominantly buy and hold strategy. This will mean that over the medium term, irrespective of the interest rate movements, the fund will earn returns that are nearly equal to the underlying yield on the bonds. The remaining 15 per cent allocation is in equities where the dividend yields are moderate to high with the inv

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