What is your view on HDFC Prudence Fund

HDFC Prudence Fund is a very popular balanced fund with highest AUM of around 29,000 Crores in this category. The fund has a long term track record of good performance and a enviable track record of monthly dividend payment. That is why it is very popular with investors looking for monthly dividend payouts or regular return from their investments.

Please see the complete details of the fund from here https://www.advisorkhoj.com/mutual-funds...

The fund's current NAV for dividend option is Rs 31.286 (As on August 11, 2017). You can see the monthly dividend payment track record of HDFC Prudence Fund from here https://www.advisorkhoj.com/mutual-funds...

However, please note that, there are better performing funds in this category. For example - HDFC Balanced Fund from the same fund house has performed better than HDFC Prudence Fund and has got better rating from research agencies. HDFC Balanced Fund also has a good track record of paying quarterly dividends.

The other better performing balanced funds are - ICICI Prudential Balanced Fund, L&T India Prudence Fund, Principal Balanced Fund, Birla Sun Life Balanced Fund and Reliance Regular Savings Fund Balanced option. Please see the list of top performers here https://www.advisorkhoj.com/mutual-funds...

If getting monthly or quarterly dividend is your prime requirement then check this research tool https://www.advisorkhoj.com/mutual-funds...

Hope the above helps you in your investments. Thanks for writing to Advisorkhoj.