Financial Daily from THE HINDU group of publications
Sunday, Aug 15, 2004
Financial Daily from THE HINDU group of publications Sunday, Aug 15, 2004 |
|
|
|
|
|
Investment World
-
Mutual Funds Markets - Mutual Funds HDFC Capital Builder Shanthi Venkataraman
THE stock of Balrampur Chini was the only addition to the portfolio of HDFC Capital Builder Fund in July. An exit from the stock of Strides Arcolab was the other major change in the portfolio. The fund has ramped up its holdings in the stock of State Bank of India. Banking stocks now figure in the top three holdings of the fund; the other two major sector holdings are construction materials and pharmaceuticals. Stocks in which exposures have been increased include IPCA Labs, Goodlass Nerolac, Eicher Motors, Tata Telecom, Bharat Electronics and Carborundum Universal. The fund's cash holdings have gone up significantly and now accounts for about 19 per cent of the total assets. The top ten holdings of the fund include Hero Honda, GE Shipping, Aban Loyd Chiles offshore, IPCA labs, Birla Corporation, Goodlass Nerolac, Eicher Motors, Aventis Pharma, Tata Telecom and SBI. Fund facts: The fund is an open-ended equity scheme. It was launched in December 1993. The fund has an asset base of about Rs 140 crore. The minimum investment amount is Rs 1,000. The fund charges an entry load of 2 per cent on amounts up to Rs 2 crore, 0.25 per cent for amounts between Rs 2 crore and Rs 5 crore, and is waived for amounts greater than Rs 5 crore. There is no exit load.
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | Home |
Copyright © 2004, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|