This mutual fund flew faster than stocks, investment doubled in 9 months, in which stocks is the money invested? Take note

New Delhi. Invest money in a place where there is no risk of sinking. Mutual funds are one such place. But if we tell you that a mutual fund can double your money in just 9 months, you might not believe it. But it has happened. HDFC Defence Fund has done this feat. This sectoral fund has made investors happy.

According to ACEMF data, this scheme has given around 39 percent return in the last three months. Talking about the last 6 months, it has given 55.16 percent return to investors. In one year, it has given a tremendous return of 130.44 percent. Even good stocks do not give such a return.

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If someone had started a SIP of Rs 10,000 per month at the start of this fund, then by now his investment would have turned into Rs 2.28 lakh. Because it is consistently achieving XIRR of 147.90%. XIRR is called Extended Internal Rate of Return. This is a way to calculate the annual return on continuous investment. According to this, the investor would have invested about Rs 1.30 lakh. A profit of about Rs 1 lakh would have been visible.

This fund is giving a CAGR return of 122.95 percent. According to this, if someone had invested a lump sum of Rs 1 lakh in the beginning, that fund would have turned into Rs 2.45 lakh by now.

In which stocks is the money invested
This fund has stocks related to Aerospace and Defense, Explosives, Construction Vehicles, Industrial Products, Civil Construction and Airline Industry. According to the data of Moneycontrol, this fund has invested more money in Hindustan Aeronautics Limited (HAL). As of July 16, 2024, 21.22 percent money has been invested in HAL. After that 19.80 percent money is invested in Bharat Electronics Limited (BEL). The remaining top stocks are as follows-

Tag: Investments and Returns, mutual fund, Mutual Fund Investors, mutual funds, Systematic Investment Plan