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Prashant Jain: HDFC MF s Prashant Jain is making a risky bet on a market anomaly

Jain, who was making a presentation on his fund, said time will be the best judge of whether these divergent valuations in the market are a new normal or not. Jain’s value-focused investing style has held him in good stead over the past nine months, as value stocks made a roaring comeback after investors, globally, shifted out of growth-oriented stocks in late 2020 concerned by the prospects of higher interest rates and high inflation. Further, a charged up global commodity cycle meant old economy stocks, which had become beaten-down in recent years, became among the biggest leaders of the bull market. Jain was an early entrant in many of these old economy stocks.

HDFC Flexi Cap Fund completes 26 years in the market with 18% returns per annum

HDFC Flexi Cap Fund completes 26 years in the market with 18% returns per annum SECTIONS HDFC Flexi Cap Fund completes 26 years in the market with 18% returns per annumET Online Last Updated: Jul 07, 2021, 08:40 AM IST Share Synopsis HDFC Flexi Cap Fund has accomplished 26-years of journey in the market. The fund, earlier known as HDFC equity fund, is one of the flagship funds of HDFC AMC. Agencies HDFC Flexi Cap Fund has accomplished 26-years of journey in the market. The fund, earlier known as HDFC equity fund, is one of the flagship funds of HDFC AMC. The fund has delivered 18.44% CAGR in over 26 years vs. NIFTY 500 TRI CAGR of 12.0% (01 Jan 1995– May 31, 2021), the fund house said in a recent communication.

Equity AUM reaches new highs of Rs 11 lakh cr, net inflows rise to Rs 10,500 cr in May 21

Equity AUM reaches new highs of Rs 11 lakh cr, net inflows rise to Rs 10,500 cr in May 21
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