HDFC Mutual Fund is among the Top 3 Aseet Management Companies in India on the basis of AUM and not on the basis of performance of schemes it manages. In 2018, I stopped investing in HDFC Funds and started redeeming. Today I would like to highlight how HDFC Flexi Cap (erstwhile HDFC Equity Fund) managed by the legendary Fund Manager, Prahsant Jain under-performed even in a raging Bull Market, while he continues to draw Salary in excess of Rs 6 Crore YoY (ESOP Additionally given, I don’t know about that).
I shifted my investments to FlexiCap Funds in PPFAS, PGIM and DSP with redemption from HDFC. It is well known fact that the problem with Prashant Jain is he BUYs a Scrip and (more…)
The Economic Policy Paralysis which started during the Dr Manmohan Singh Government has continued into the Narendra Modi government as well due to vested interests of Politicians and small individual investors like you and me have suffered.
This Article is a Must Read for everybody as we introduce a new benchmark of calculating 10 Year SIP Returns –