News From Press HDFC Top 200 Fund is becoming HDFC Top 100. Should you hold or sell it?

HDFC Top 200 Fund is becoming HDFC Top 100. Should you hold or sell it?

Source: The Economic Times Apr 17, 2018

HDFC Mutual Fund said it is changing the fundamental attributes of HDFC Top 200 Fund. The changes are in line with Sebi’s new categorisation and rationalisation norms for mutual fund schemes. HDFC Top 200 Fund will be called HDFC Top 100 Fund and it will focus on largecap stocks. Earlier, the scheme had almost 10 per cent allocation to midcap stocks. All the proposed changes in the scheme will be effective from May 23.

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