Should I invest in HDFC Top 200 Fund for achieving long term goal

Yes, you can invest in HDFC Top 200 Fund. Even though the fund lagged in performance in the year 2014-2015, the same has come back again and the fund has given more than 26% return compared to category return of 18% in the last one year.

HDFC Top 200 Fund has a tremendous track record of wealth creation since its inception in 1996 and has delivered over 20% annualised return since inception. The fund has also beaten category and benchmark return in the last 1,2,3, 5 and 10 years period and is managed by one of the marquee fund managers in this asset management business, Mr. Prashant Jain.

By investing Rs 15,000 in this fund over 15 years, you can expect a corpus of Rs 80 Lakhs for your child's education, assuming annual return of 12.50%.

However, if the fund is able to generate 14% or 15% annual return then you can expect a corpus of Rs 92 Lakhs and 1 Crore respectively.

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