http://www.jagoinvestor.com/forum/choice-between-hdfc-balanced-and-hdfc-prudence
Thanks BeMoneyAware for the Comparison
Both HDFC Prudence and HDFC Balanced appear to have same objective and provide similar returns over. But digging a little provides following information
Nets Assets (as on 31/03/13)
Prudence 6,162.21
Balances 1,136.29
Allocation:
HDFC Prudence has up to 75 per cent allocation to equity
HDFC Balanced fund’s 60 per cent allocation.
Returns:
Prudence : 1-Month 1.88 ,1-Year :13.16 ,3-Year:7.75,5-Year :12.29
Balanced :1-Month :1.06, 1-Year :10.89,3-Year: 9.34,5-Year: 11.82
Manager:
Prudence : Prashant Jain, since 1994
Balanced :Chirag Setalvad, since 2007 (fund is since 2000)
They differ in kind of companies they invest in For example if you check the Portfolio
Prudence: Mid caps with blend of growth and value investing
Balanced : Mid caps with growth.
So would you like to go with prudence or balanced?
Thanks BeMoneyAware for the Comparison
Both HDFC Prudence and HDFC Balanced appear to have same objective and provide similar returns over. But digging a little provides following information
Nets Assets (as on 31/03/13)
Prudence 6,162.21
Balances 1,136.29
Allocation:
HDFC Prudence has up to 75 per cent allocation to equity
HDFC Balanced fund’s 60 per cent allocation.
Returns:
Prudence : 1-Month 1.88 ,1-Year :13.16 ,3-Year:7.75,5-Year :12.29
Balanced :1-Month :1.06, 1-Year :10.89,3-Year: 9.34,5-Year: 11.82
Manager:
Prudence : Prashant Jain, since 1994
Balanced :Chirag Setalvad, since 2007 (fund is since 2000)
They differ in kind of companies they invest in For example if you check the Portfolio
Prudence: Mid caps with blend of growth and value investing
Balanced : Mid caps with growth.
So would you like to go with prudence or balanced?
