Mr. Setalvad is a B. Sc and MBA from University of North Carolina. Prior to joining HDFC AMC he has worked with New Vernon Advisory Services Ltd., HDFC AMC and ING Barings N.V.
The schemes provides tax benefit under section (88) and there fore has a lock in period of 3 years. It is aimed at providing capital appreciation by investing predominantly in equity and equity related instruments.
RETURNS CALCULATOR for
HDFC Long Term Advantage Fund - Growth Option
returns are the annualized returns of the scheme taken for a
specified period (rolling returns period) on every
day/week/month and taken till the last day of the duration. In
this chart we are showing the annualized returns over the
rolling returns period on every day from the start date and
comparing it with the benchmark. Rolling returns is the best
measure of a fund's performance. Trailing returns have a
recency bias and point to point returns are specific to the
period in consideration. Rolling returns, on the other hand,
measures the fund's absolute and relative performance across
all timescales, without bias.