HDFC Mutual Fund is one of the leading asset management company and fund houses of India. They provide a plethora of financial services and products when it comes to mutual funds and SIPs.
The HDFC Asset Management Company Ltd (AMC) was incorporated under the Companies Act, 1956, on December 10, 1999, and was approved to act as an Asset Management Company for the HDFC Mutual Fund by SEBI vide its letter dated July 3, 2000.
Recently, they have acquired Morgan Stanley’s business worth INR. 3,290 crore with respect to eight mutual fund schemes.
Equity Growth Funds: The fund is primarily made up of equities and shares, it is suitable for short-term or long term investment.
Debt Income Funds: These funds aim at investing in debt instruments such as bonds, debts and money markets.
Liquid Funds: Liquid funds make investment in securities and usually come with a maturity period of 91 days. They offer minimum risk to investors.
Children’s Gifts Funds: This fund was kept in mind for achieving long term goals such as to meet children’s college expenses. It is suitable for long-term investment.
Fixed Maturity Plans: Here the investment is made in debt and government securities. They involve low risk for investors.
Exchange Traded Funds: Also known as ETFs, these funds are traded in the stock market in the form of gold.
Rajiv Gandhi Equity Savings Scheme: An equity investment scheme which offers tax benefits of the investor.
Quarterly Interval Funds: These funds allow investors to make investment in both open ended and close ended funds.
Fund of Fund Schemes: This scheme invests in other mutual funds. Returns offered by these schemes general have a higher return compared to normal mutual funds.
Annual Interval Fund: Series 1 - These mutual funds invest in government securities and money markets.
Equity Mutual Funds
| Fund Type | Close Ended |
| Benchmark | Nifty 50 |
| Fund Manager | Prashant Jain and Rakesh Vyas |
| Risk Factor | High |
| Asset Size (Rs Cr) | 3164.81 |
| Returns (%) 1 yr | 2.20% |
| Returns (%) 3 yrs | NA |
| Returns (%) 5yrs | NA |
The investment objective of the HDFC Housing Opportunities Fund: Series 1 is to offer capital appreciation over the long term by making investments primarily in equity and equity-related instruments of companies that are involved in and/or forecast to benefit from growth in the housing sector and business activities associated with it.
For whom is this fund: The HDFC Housing Opportunities Fund: Series 1 offers both the regular as well as the direct option. The regular option is ideal for those who want to route their investment via any distributor, while the direct option is perfect for those who want to make investments directly rather than routing them via any distributor.
| Fund Type | Open Ended |
| Benchmark | Nifty 500 TRI |
| Fund Manager | Prashan Jain |
| Risk Factor | Moderately High |
| Asset Size (Rs Cr) | 23737.12 |
| Returns (%) 1 yr | 4.48% |
| Returns (%) 3 yrs | 10.98% |
| Returns (%) 5yrs | 7.18% |
Investment objective of the fund: The investment objective of the HDFC Equity Fund is to generate capital appreciation via investment in equities and equity-related instruments.
For whom is this fund: The HDFC Equity Fund:Direct Plan is ideal for investors who subscribe for or purchase units in a scheme directly with the fund rather than those whose investments are routed via a distributor.
| Fund Type | Open Ended |
| Benchmark | Nifty 100 TRI |
| Fund Manager | Prashant Jain |
| Risk Factor | Moderately High |
| Asset Size (Rs Cr) | 18748.49 |
| Returns (%) 1 yr | 5.67% |
| Returns (%) 3 yrs | 11.37% |
| Returns (%) 5yrs | 7.48% |
Investment objective of the fund: The investment objective of the HDFC Top 100 Fund is to generate capital appreciation in the long term by making investments in a portfolio comprising of equity and equity-related instruments of companies in the BSE 200 index.
For whom is this fund: The HDFC Top 100 Fund is ideal for investors who look for long-term capital appreciation via investments in equity and equity-related instruments of companies in the S & P BSE 200 Index.
| Fund Type | Open Ended |
| Benchmark | Nifty Midcap 100 TRI |
| Fund Manager | Chirag Setalvad |
| Risk Factor | Moderately High |
| Asset Size (Rs Cr) | 22791.83 |
| Returns (%) 1 yr | 1.12% |
| Returns (%) 3 yrs | 7.12% |
| Returns (%) 5yrs | 8.15% |
Investment objective of the fund: The investment objective of the HDFC Mid-Cap Opportunities Fund is to generate capital growth over the long term via investment in a portfolio that mainly comprises of equity and equity-related instruments of small- and mid-cap companies.
For whom is this fund: The HDFC Mid-Cap Opportunities Fund is ideal for investors who want long-term capital appreciation through investment mainly in equity and equity-related instruments of small and mid-cap companies.
| Fund Type | Open Ended |
| Benchmark | Nifty 500 TRI |
| Fund Manager | Vinay Kulkarni |
| Risk Factor | Moderately High |
| Asset Size (Rs Cr) | 7454.46 |
| Returns (%) 1 yr | 2.73% |
| Returns (%) 3 yrs | 7.44% |
| Returns (%) 5yrs | 5.04% |
Investment objective of the fund: The investment objective of HDFC Tax Saver (ELSS) is to generate capital appreciation over the long term via investment mainly in equity and equity-related instruments.
For whom is this fund: HDFC Tax Saver (ELSS) is ideal for investors who want long-term capital growth.
| Fund Type | Open Ended |
| Benchmark | Nifty 50 |
| Fund Manager | Krishan Daga |
| Risk Factor | Moderately High |
| Asset Size (Rs Cr) | 6457.01 |
| Returns (%) 1 yr | 5.98% |
| Returns (%) 3 yrs | 5.60% |
| Returns (%) 5yrs | 6.90% |
Investment objective of the fund: The investment objective of the HDFC Arbitrage Fund is to generate income via arbitrage opportunities between derivative and cash market in addition to arbitrage opportunities within the derivative segment, and by deploying surplus cash in money market instruments and debt securities.
For whom is this fund: The HDFC Arbitrage Fund is ideal for investors who want short-term income, and income via arbitrage opportunities between derivative and cash market as well as from arbitrage opportunities within the derivative segment.
| Fund Type | Open Ended |
| Benchmark | Nifty 500 TRI |
| Fund Manager | Prashant Jain and Rakesh Vyas |
| Risk Factor | Moderately High |
| Asset Size (Rs Cr) | 726.95 |
| Returns (%) 1 yr | -4.90 |
| Returns (%) 3 yrs | -1.93 |
| Returns (%) 5yrs | -1.56 |
Investment objective of the fund: The investment objective of the HDFC Infrastructure Fund is to generate capital appreciation in the long term by making investments mainly in equity and equity-related securities of firms and organisations that are involved in or are forecast to benefit from the development and growth of infrastructure.
For whom is this fund: The HDFC Infrastructure Fund is ideal for those who want long-term capital growth via investment predominantly in equity-related and equity securities of organisations involved in the development and growth of infrastructure.
| Fund Type | Open Ended |
| Benchmark | Nifty 500 TRI |
| Fund Manager | Miten Lathia |
| Risk Factor | Moderately High |
| Asset Size (Rs Cr) | 4496.42 |
| Returns (%) 1 yr | -0.72% |
| Returns (%) 3 yrs | 9.22% |
| Returns (%) 5yrs | 7.58% |
Investment objective of the fund: The investment objective of the HDFC Capital Builder Value Fund is to generate long-term capital appreciation via investment mainly in equity and equity-related instruments of strong companies.
For whom is this fund: The HDFC Capital Builder Value Fund is ideal for investors who want long-term capital appreciation.
| Fund Type | Open Ended |
| Benchmark | S&P BSE SENSEX TRI |
| Fund Manager | Chirag Setalvad and Rakesh Vyas |
| Risk Factor | Moderately High |
| Asset Size (Rs Cr) | 1398.81 |
| Returns (%) 1 yr | 9% |
| Returns (%) 3 yrs | 12% |
| Returns (%) 5yrs | 9.62% |
Investment objective of the fund: The investment objective of the HDFC Long Term Advantage Fund (ELSS) is to generate capital growth in the long term via investment in a portfolio that comprises mainly of equity and equity-related instruments.
For whom is this fund: The HDFC Long Term Advantage Fund (ELSS) is ideal for investors who want long-term capital appreciation through investment mainly in equity and equity-related instruments
| Fund Type | Open Ended |
| Benchmark | Nifty Smallcap 100 TRI |
| Fund Manager | Chirag Setalvad |
| Risk Factor | Moderately High |
| Asset Size (Rs Cr) | 9232.45 |
| Returns (%) 1 yr | -8.62% |
| Returns (%) 3 yrs | 9.50% |
| Returns (%) 5yrs | 8.75% |
Investment objective of the fund: The investment objective of the HDFC Small Cap Fund is to offer capital appreciation in the long term via investment mainly in small- and mid-cap companies.
For whom is this fund: The HDFC Small Cap Fund is ideal for investors who want long-term capital appreciation through investment mainly in equity and equity-related instruments of small-cap and mid-cap companies.
| Fund Type | Open Ended |
| Benchmark | Nifty 500 TRI |
| Fund Manager | Vinay Kulkarni |
| Risk Factor | Moderately High |
| Asset Size (Rs Cr) | 512.33 |
| Returns (%) 1 yr | 2.50% |
| Returns (%) 3 yrs | 5.79% |
| Returns (%) 5yrs | 5.48% |
Investment objective of the fund: The investment objective of the HDFC Focused 30 Fund is to generate capital growth via investment in equities of companies whose shares are available at prices lower than their actual value.
For whom is this fund: The HDFC Focused 30 Fund is ideal for investors who want long-term capital appreciation through investment mainly in equity and equity-related instruments of companies whose shares are undervalued.
| Fund Type | Open Ended |
| Benchmark | Nifty 50 |
| Fund Manager | Vinay Kulkarni, Anil Bamboli and Krishan Daga |
| Risk Factor | Moderately High |
| Asset Size (Rs Cr) | 4502.81 |
| Returns (%) 1 yr | 5.58% |
| Returns (%) 3 yrs | 7.05% |
| Returns (%) 5yrs | 7.60% |
Investment objective of the fund: The investment objective of the HDFC Equity Savings Fund (Erstwhile HDFC Multiple) is to generate capital appreciation as well as income distributions to investors by way of arbitrage opportunities and investment in money market or debt instruments and equity and equity-related instruments.
For whom is this fund: The HDFC Equity Savings Fund (Erstwhile HDFC Multiple) is ideal for investors who want capital appreciation in addition to income between the medium and long term.
| Fund Type | Open Ended |
| Benchmark | S&P BSE SENSEX TRI |
| Fund Manager | Krishan Daga |
| Risk Factor | Moderately High |
| Asset Size (Rs Cr) | 681.65 |
| Returns (%) 1 yr | 14.8% |
| Returns (%) 3 yrs | NA |
| Returns (%) 5yrs | NA |
Investment objective of the fund: The investment objective of the HDFC Index Fund - Sensex Plan is to generate returns that correspond with the performance of the Sensex via investment in equity securities covered under the Sensex.
For whom is this fund: The HDFC Index Fund - Sensex Plan is ideal for investors who want returns that correspond with the performance of Sensex.
| Fund Type | Open Ended |
| Benchmark | Nifty 50 |
| Fund Manager | Vinay Kulkarni |
| Risk Factor | Moderately High |
| Asset Size (Rs Cr) | 1373.67 |
| Returns (%) 1 yr | 4.75% |
| Returns (%) 3 yrs | 8.78% |
| Returns (%) 5yrs | 5.39% |
Investment objective of the fund: The investment objective of the HDFC Growth Opportunities Fund is to offer capital appreciation in the long term by making investments mainly in the stocks of large cap companies.
For whom is this fund: The HDFC Growth Opportunities Fund is ideal for those who want long-term capital appreciation via investment in equity and equity-related instruments of large cap companies.
Debt Funds
| Fund Type | Open Ended |
| Benchmark | CRISIL 10 Year Gilt Index |
| Fund Manager | Anil Bamboli |
| Risk Factor | Moderate |
| Asset Size (Rs Cr) | 1201.22 |
| Returns (%) 1 yr | 8.73% |
| Returns (%) 3 yrs | 4.79% |
| Returns (%) 5yrs | 7.59% |
Investment objective of the fund: The investment objective of the HDFC Gilt Fund is to achieve credit risk-free returns by investing in sovereign securities of the State Government and/or Central Government, whose maturities range between medium and long term.
For whom is this fund: The HDFC Gilt Fund is ideal for investors who want credit risk-free returns between the medium and long term by investment in a portfolio consisting of securities issued by State/Central Government.
| Fund Type | Open Ended |
| Benchmark | CRISIL 10 Year Gilt Index |
| Fund Manager | Anupam Joshi |
| Risk Factor | Moderate |
| Asset Size (Rs Cr) | 12341.25 |
| Returns (%) 1 yr | 10.39% |
| Returns (%) 3 yrs | 7.58% |
| Returns (%) 5yrs | 8.50% |
Investment objective of the fund: The investment objective of the HDFC Corporate Bond is to achieve capital appreciation and generate income via investments mainly in corporate bonds that are rated AA+ and above.
For whom is this fund: The HDFC Corporate Bond is ideal for investors who want regular income between the medium and long term by investments in money market and debt instruments along with government securities whose maturity periods are below 60 months.
| Fund Type | Open Ended |
| Benchmark | CRISIL 10 Year Gilt Index |
| Fund Manager | Anil Bamboli |
| Risk Factor | Moderately Low |
| Asset Size (Rs Cr) | 9702.22 |
| Returns (%) 1 yr | 9.73% |
| Returns (%) 3 yrs | 7.69% |
| Returns (%) 5yrs | 8.24% |
| Fund Type | Open Ended |
| Benchmark | CRISIL 10 Year Gilt Index |
| Fund Manager | Shobhit Mehrotra |
| Risk Factor | Moderate |
| Asset Size (Rs Cr) | 14569.42 |
| Returns (%) 1 yr | 8.80% |
| Returns (%) 3 yrs | 6.74% |
| Returns (%) 5yrs | 8.12% |
Investment objective of the fund: The investment objective of the HDFC Credit Risk Debt Fund is to generate income along with capital appreciation via investment mainly in corporate bonds that are rated AA and below.
For whom is this fund: The HDFC Credit Risk Debt Fund is ideal for investors who want regular income between the medium and long term along with capital appreciation via investment mainly in corporate debt.
| Fund Type | Open Ended |
| Benchmark | Nifty 50 |
| Fund Manager | Shobhit Mehrotra and Prashant Jain |
| Risk Factor | High |
| Asset Size (Rs Cr) | 2907.24 |
| Returns (%) 1 yr | 6.05% |
| Returns (%) 3 yrs | 5.31% |
| Returns (%) 5yrs | 6.84% |
Investment objective of the fund: The investment objective of the HDFC Hybrid Debt Fund is to generate returns on a regular basis via investment mainly in money market and debt instruments. The scheme also aims at achieving capital appreciation in the long term via investment of a part of the assets in equity and equity-related instruments.
For whom is this fund: The HDFC Hybrid Debt Fund is ideal for investors who want regular income over the medium to long term via investment in money market and debt instrument in addition to investment in equity and equity-related instruments.
| Fund Type | Open Ended |
| Benchmark | CRISIL 10 Year Gilt Index |
| Fund Manager | Anil Bamboli |
| Risk Factor | High |
| Asset Size (Rs Cr) | 620.75 |
| Returns (%) 1 yr | 3.36% |
| Returns (%) 3 yrs | 3.0% |
| Returns (%) 5yrs | 6.01% |
Investment objective of the fund: The investment objective of the HDFC Dynamic Debt Fund is to accrue income via investment in a variety of money market and debt instruments that come with different maturity dates. The scheme aims at maximising income, and, at the same time, maintaining the optimum balance of liquidity, safety, and yield.
For whom is this fund: The HDFC Dynamic Debt Fund is ideal for investors who want stable returns over the medium to long term and want to maximise income via investment in money market and debt instruments with different maturity dates.
| Fund Type | Open Ended |
| Benchmark | CRISIL 10 Year Gilt Index |
| Fund Manager | Anil Bamboli |
| Risk Factor | Moderately Low |
| Asset Size (Rs Cr) | 620.75 |
| Returns (%) 1 yr | 10.23% |
| Returns (%) 3 yrs | 7.29% |
| Returns (%) 5yrs | 8.59% |
| Fund Type | Open Ended |
| Benchmark | CRISIL 10 Year Gilt Index |
| Fund Manager | Anil Bamboli |
| Risk Factor | Moderate |
| Asset Size (Rs Cr) | 1173.28 |
| Returns (%) 1 yr | 9.30% |
| Returns (%) 3 yrs | 6.64% |
| Returns (%) 5yrs | 8.05% |
Investment objective of the fund: The investment objective of the HDFC Medium Term Fund is to generate income via investment in a variety of money market and debt instruments that come with differing maturity dates. The fund aims at maximising income, and, at the same time, maintaining the optimum balance of liquidity, safety, and yield.
For whom is this fund: The HDFC Medium Term Debt Fund is ideal for investors who want stable returns over the short to medium term, and for those who want to maximise income by investment in a variety of money market and debt instruments that come with differing maturity dates.
| Fund Type | Open Ended |
| Benchmark | CRISIL 10 Year Gilt Index |
| Fund Manager | Shobhit Mehrotra |
| Risk Factor | Moderate |
| Asset Size (Rs Cr) | 583.59 |
| Returns (%) 1 yr | 8.79% |
| Returns (%) 3 yrs | 4.07% |
| Returns (%) 5yrs | 6.61% |
Investment objective of the fund: The investment objective of the HDFC Income Fund is to optimise returns via investment in money market and debt instruments while ensuring that the balance of liquidity, yield, and safety is maintained.
For whom is this fund: The HDFC Income Fund is ideal for investors who want income on a regular basis over the medium to long term, and for those who wish to optimise returns while ensuring that the balance of liquidity, yield, and safety is maintained.
Dual Advantage Funds
| Fund Type | Open Ended |
| Benchmark | Nifty 50 |
| Fund Manager | Anil Bamboli, Krishan Daga and Rakesh Vyvas |
| Risk Factor | Moderate |
| Asset Size (Rs Cr) | 82.16 |
| Returns (%) 1 yr | 7.24% |
| Returns (%) 3 yrs | 5.84% |
| Returns (%) 5yrs | NA |
| Fund Type | Open Ended |
| Benchmark | Nifty 50 |
| Fund Manager | Anil Bamboli, Krishan Daga and Rakesh Vyvas |
| Risk Factor | Moderate |
| Asset Size (Rs Cr) | 95.22 |
| Returns (%) 1 yr | 7.27% |
| Returns (%) 3 yrs | 5.84% |
| Returns (%) 5yrs | NA |
| Fund Type | Open Ended |
| Benchmark | Nifty 50 |
| Fund Manager | Anil Bamboli, Krishan Daga and Rakesh Vyvas |
| Risk Factor | Moderate |
| Asset Size (Rs Cr) | 153.88 |
| Returns (%) 1 yr | 7.20% |
| Returns (%) 3 yrs | 6.05% |
| Returns (%) 5yrs | NA |
| Fund Type | Open Ended |
| Benchmark | CRISIL 10 Year Gilt Index |
| Fund Manager | Anil Bamboli |
| Risk Factor | Low |
| Asset Size (Rs Cr) | 9132.26 |
| Returns (%) 1 yr | 8.05% |
| Returns (%) 3 yrs | 7.30% |
| Returns (%) 5yrs | 7.52% |
Liquid Funds
| Fund Type | Open Ended |
| Benchmark | CRISIL 10 Year Gilt Index |
| Fund Manager | Anupam Joshi |
| Risk Factor | Low |
| Asset Size (Rs Cr) | 86256.84 |
| Returns (%) 1 yr | 6.47% |
| Returns (%) 3 yrs | 6.74% |
| Returns (%) 5yrs | 7.22% |
Exchange Traded Funds
| Fund Type | Open Ended |
| Benchmark | Nifty 50 |
| Fund Manager | Krishan Daga |
| Risk Factor | High |
| Asset Size (Rs Cr) | 589.36 |
| Returns (%) 1 yr | 27.10% |
| Returns (%) 3 yrs | 11.76% |
| Returns (%) 5yrs | 7.51% |
Investment objective of the fund: The investment objective of the HDFC Gold Exchange Traded Fund is to generate returns equivalent to the performance of gold via investment mainly in gold bullion of 0.995 fineness.
For whom is this fund: The HDFC Gold Exchange Traded Fund is ideal for investors who want returns that correspond with the performance of gold.
| Fund Type | Open Ended |
| Benchmark | Nifty 50 TRI |
| Fund Manager | Krishan Daga |
| Risk Factor | High |
| Asset Size (Rs Cr) | 384.17 |
| Returns (%) 1 yr | 12.72% |
| Returns (%) 3 yrs | 14.80%% |
| Returns (%) 5yrs | NA% |
Investment objective of the fund: The investment objective of the HDFC Nifty 50 ETF is to generate returns that correspond with the overall returns of the securities under the Nifty 50 Index.
For whom is this fund: The Nifty 50 ETF is ideal for investors who want returns that correspond with the performance of the Nifty 50 Index via investment in equity securities that are covered under the index.
| Fund Type | Open Ended |
| Benchmark | S&P BSE SENSEX TRI |
| Fund Manager | Krishan Daga |
| Risk Factor | High |
| Asset Size (Rs Cr) | 48.99 |
| Returns (%) 1 yr | 14.83% |
| Returns (%) 3 yrs | 16.49% |
| Returns (%) 5yrs | NA |
Investment objective of the fund: The investment objective of the HDFC Sensex ETF is to generate returns that correspond with the overall returns of the securities under the S & P BSE Sensex Index.
For whom is this fund: The HDFC Sensex ETF is ideal for investors who want returns that correspond with the performance of the S&P BSE Sensex Index via investment in equity securities that fall under the index.
Cancer Cure Funds
| Fund Type | Open Ended |
| Benchmark | CRISIL 10 Year Gilt Index |
| Fund Manager | Krishan Daga, Rakesh Vyas and Anil Bamboli |
| Risk Factor | Moderate |
| Asset Size (Rs Cr) | 178.47 |
| Returns (%) 1 yr | 5.67% |
| Returns (%) 3 yrs | NA |
| Returns (%) 5yrs | NA |
Children’s Gift Fund
| Fund Type | Open Ended |
| Benchmark | Nifty 50 |
| Fund Manager | Chirag Setalvad and Rakesh Vyas |
| Risk Factor | High |
| Asset Size (Rs Cr) | 3063.27 |
| Returns (%) 1 yr | 7.42% |
| Returns (%) 3 yrs | 10.85% |
| Returns (%) 5yrs | 8.88% |
Retirement Savings Fund
| Fund Type | Open Ended |
| Benchmark | Nifty 500 TRI |
| Fund Manager | Chirag Setalvad and Shobhit Mehrota |
| Risk Factor | High |
| Asset Size (Rs Cr) | 825.16 |
| Returns (%) 1 yr | 5.45% |
| Returns (%) 3 yrs | 10.03% |
| Returns (%) 5yrs | NA |
Fund of Fund Schemes
| Fund Type | Open Ended |
| Benchmark | Nifty 50 |
| Fund Manager | Anil Bamboli and Miten Lathia |
| Risk Factor | High |
| Asset Size (Rs Cr) | 22.29 |
| Returns (%) 1 yr | 5.55% |
| Returns (%) 3 yrs | 7.88% |
| Returns (%) 5yrs | 6.84% |
Investment objective of the fund: The investment objective of HDFC Dynamic PE Ratio FOF is to generate capital appreciation via management of the asset allocation between certain debt and equity schemes of HDFC Mutual Fund.
For whom is this fund: HDFC Dynamic PE Ratio FOF is a good option for those who want long-term capital appreciation by investing in certain debt and equity schemes of HDFC Mutual Fund.
| Fund Type | Open Ended |
| Benchmark | Nifty 50 |
| Fund Manager | Krishan Daga |
| Risk Factor | High |
| Asset Size (Rs Cr) | 270.0 |
| Returns (%) 1 yr | 26.92% |
| Returns (%) 3 yrs | 11.38% |
| Returns (%) 5yrs | 7.32% |
Investment objective of the fund: The investment objective of HDFC Gold Fund is to generate capital appreciation via investment in units of HDFC Gold Exchange Traded Fund.
For whom is this fund: The HDFC Gold Fund is a great investment option for those who want long-term capital appreciation via investment in units of HDFC Gold Exchange Traded Fund.
The following individuals and institutions are eligible for investing hdfc mutual fund.
With numerous plans that cater to every investor and entity, HDFC Mutual Fund is a fund house that provides the best investment for every customer base. From tax-saving to wealth creation to retirement, you name it and HDFC Mutual Fund has it all. Also, a lot of their funds have a CRISIL rating of 3 or more which is a healthy indicator of their fund management.
The following documents are required for purchasing a mutual fund plan:
Application Form for the fund and mode of payment (SIP).
KYC documents - Know Your Customer.
Self attested copy of Id and Address proof.
Third party declaration form if you are investing in behalf of a minor.
How can I apply for a SIP from HDFC Mutual Funds?
If you want to invest through an SIP, you will have to fill in the application form for the mutual fund you want to invest in and select SIP mode of investment. The form will have to be submitted together with an auto-debit form at the branch itself.
What is meant by switch?
A switch is basically when an investor transfers or shifts his investment from one scheme to another.
How do I buy HDFC Mutual Fund plan online?
You can buy an HDFC Mutual Fund online from the official website of HDFC Mutual Fund - investor.hdfcfund.com/mfonline.
How do I contact HDFC Mutual Fund Company?
You can contact HDFC Mutual Fund at 1800-3010-6767 or cliser@hdfcfund.com
How do I login HDFC Mutual Fund Company website?
You can login at the official webpage of HDFC mutual fund with your login id.
What is NAV (Net Asset Value)?
NAV, or Net Asset Value, as it is called in its extended form, is the market value of the scheme’s assets. The price at which you buy a single unit of a mutual fund.
Is NAV the same as the selling price?
The selling price of schemes may vary because of exit loads. For instance, if a scheme is currently at Rs.20 in terms of NAV, and an exit load of 1% is charged on it, then the effective price at the time of sale will be Rs.19.8.
What is an exit load?
An exit load is basically the charge levied by a fund house for the sale of units.
What are ETFs?
ETFs, or Exchange Traded Funds as they are called in their extended form, are funds whose units are listed on stock exchanges. These units can be purchased and sold in the same manner that stocks are purchased and sold.
How will I get my redemption amount?
The amount at the time of redemption is usually paid through direct debit via NEFT or RTGS, or via cheque.
Will I have to pay anything when redeeming my scheme?
In case the scheme in which you invested does not have an “exit load”, you will not be charged anything. But if it does, the amount charged as exit load will be subtracted from the amount payable to you.
