HDFC Long Term Advantage Fund performance review analysis for December | Stock Market News

HDFC Long Term Advantage Fund -Direct Plan – Growth Option performance review analysis for December: HDFC Long Term Advantage Fund -Direct Plan – Growth Option, managed by the seasoned fund managers Chirag Setalvad, remains a prominent player in the ELSS (Tax Savings). HDFC Long Term Advantage Fund boasts an impressive AUM of ₹1311.68 crore. Under the guidance of Chirag Setalvad, the fund adheres to its objective of to generate long term capital appreciation from a portfolio that is predominantly in equity and equity related instruments.

Performance Analysis:

Over the past week, HDFC Long Term Advantage Fund returned 3.12%, showing a positive delta of 4.32%. The one-month performance shows a negative trend, with the fund delivering 4.38%.

The performance over the longer durations is mentioned below:

Below is the list of top holdings in the fund:

Risk Measurement

Understanding the risk associated with the fund is crucial for investors. The Sharpe Ratio, which measures risk-adjusted returns, is a key indicator of how well the fund compensates investors for the risk taken. Over the past year, the fund’s Sharpe Ratio stands at 1.96, while the three-year and five-year ratios are 0.66 and 0.64, respectively. Sharpe ratio values above 1 are considered good, whereas values below 1 are considered bad.

In terms of volatility, the standard deviation over the same periods— 14.33% for one year, 23.64% for three years, and 20.19% for five years. Higher standard deviations indicate greater volatility, while lower ones suggest more stable returns.

The fund has reduced its holding in the following stocks:

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