Similarly, HDFC Flexicap Fund (formerly HDFC Equity Fund) did better than its category average over the past year with a 68.41% return compared to 59.88% for the category. “You can broadly divide the HDFC MF equity portfolio into three components. Bala added: “HDFC Mid-Cap Opportunities is an exception to the general trend of HDFC equity schemes. Industry professionals are sceptical of relying on the very long-term performance of HDFC equity schemes such as 10- or 15-year returns. HDFC MF equity funds have not figured on our list for the past two-three years and so we do not recommend them to clients," he said.

Source: Mint May 10, 2021 20:03 UTC