HDFC Mutual Fund

HDFC Mutual Fund

HDFC Asset Management Company Limited is the Investment Manager of all HDFC Mutual Fund schemes. It is one of the most trusted mutual fund houses in India. With Assets Under Management (AUM) of over INR 4.4 Trillion, it is also among the country’s largest and richest mutual fund houses. The fund house was founded in 1999 as a joint venture between Housing Finance Development Corporation or HDFC and abrdn Investment Management Limited (erstwhile Standard Life Investments Limited).

While HDFC holds a 52.6% stake in the AMC, abrdn Investment Management Limited holds 16.2% shares. The HDFC group is a leading financial conglomerate in sectors like banking, housing finance, insurance, real estate funds, asset management, and education finance. abrdn Investment Management Limited manages assets worth UK Pound 532 billion of over 1 million shareholders. The company launched an Initial Public Offering (IPO) in 2017-18 and was listed on 6th August 2018. Its current share price is INR 2,201 (as of 11th February 2022).

Best HDFC Mutual Fund

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HDFC MF offers schemes across multiple asset classes like equity, debt, hybrid, fund of funds, arbitrage, ETFs, etc., and aims to provide fascinating wealth creation opportunities to its 9.2 million live accounts. HDFC AMC has a dominant market share in equity-oriented funds. Retail investors occupy a prominent space in HDFC MF’s net customer base. View More

Retail investors contribute the most to the company’s total AUM. Some HDFC MF schemes have been in the market for over 25 years, witnessing multiple market cycles to deliver higher-than-benchmark returns year after year.

HDFC MF has a stellar distribution network with over 70 thousand empanelled mutual fund and national distributors and banks offering its services all across India. HDFC mutual funds also offer online investment facilities in India. The fund house has 227 branches in 200 Indian cities. Its employee strength is 1,203. Besides mutual fund services, the company also offers portfolio management and segregated discretionary and non-discretionary advisory services to domestic and global corporate houses, family offices, high net worth individuals, provident funds, and trusts.

HDFC AMC’s total AUM is INR 3.96 lakh crore (as of 31st March 2021). The fund house’s Profit After Tax (PAT) grew by 22.64% from INR 1,262 crore in FY 20 to INR 1,326 crore in FY 21. Its dividend per share has increased from INR 28 in FY 20 to INR 34 in FY 21. Moreover, the AUM has increased from INR 3,19,090 crore to INR 3,95,476 crore. HDFC MF presently offers the following number of schemes for online and offline investments:

Equity-oriented schemes – 24
Debt-oriented schemes – 68
Liquid schemes – 2
Other schemes – 7

HDFC Mutual Fund Key Information

  • Founded on
  • 30th June 2000
  • Name of the Mutual Fund
  • HDFC Mutual Fund
  • Sponsor Name
  • Housing Development Finance Corporation Ltd. / abrdn Investment Management Limited
  • Trustee Name
  • HDFC Trustee Company Limited
  • Managing Director & Chief Executive Officer
  • Navneet Munot
  • Compliance Officer
  • Supriya Sapre
  • Registrars
  • KFin Technologies Private Limited (Formerly known as Karvy Fintech Private Limited) Selenium Tower B, Plot 31-32, Financial District, Nanakramguda, Serilingampally Mandal, Hyderabad – 500 032, Telangana. Website: https://www.kfintech.com / https://ris.kfintech.com/ E-mail: einward.ris@kfintech.com Toll Free No.: 1800-309-4001
  • Address
  • “HDFC House”, 2nd Floor, H. T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai – 400020.

HDFC Mutual Fund Managers

Chirag Setalvad - Fund Management and Equity Research - Fund Manager

Mr Setalvad is one of the top Equity fund managers of HDFC mutual fund, managing the AUM of ₹63,256 Cr under 9 different schemes. He has over 22 years of experience collectively, of which 18 years of experience is in Fund Management and Equity Research and 3 years in investment banking.

Srinivasan Ramamurthy - Fund Manager

Mr Srinivasan Ramamurthy is an engineer by qualification from Jadavpur University and has completed his MBA from IIM – Calcutta. Before joining HDFC Asset Management Company Limited, he worked with other known fund houses, including Mahindra Mutual Fund, IDBI Federal Life Insurance, IIFL Capital Limited, Maybank Kim Eng, Credit Suisse and KPMG Advisory. He manages 19 schemes in total with an AUM of ₹11,782 Cr.

Shobhit Mehrotra - Fund Manager

With over 25 years of collective experience in Fixed Income markets, Fixed Income dealing, credit rating and more, Mr Mehrotra manages 22 different schemes with an AUM of ₹35,492 Cr

Gopal Agrawal - Fund Manager

Mr Gopal has worked with several fund houses before joining HDFC. He joined DSP Investment Managers in July 2018 as Head of Macro Strategy & Senior Fund Manager. Before that, he has over 20 years of experience at Tata Mutual Fund, Mirae Asset Mutual Fund and SBI Mutual Fund, managing some of its marquee funds. He has extensive experience in sectors such as Petrochemicals, Capital Goods, Power, Oil & Gas, and more. Mr Agarwal manages 9 HDFC schemes with an AUM of ₹17,987 Cr.

Prashant Jain - Fund Manager

Mr Jain has a collective experience of over 28 years in fund management and research in the Mutual Fund Industry. He manages 9 schemes in total with an AUM of ₹89,500 Cr.

Roshi Jain - Fund Manager

Ms Jain holds many degrees, including CFA, ACA and PGDM. Before joining HDFC AMC, she worked with several other fund houses, including Goldman Sachs, Franklin Templeton Investments, Singapore, Wipro Ltd. and S. R. Batliboi & Co. She manages 5 schemes in total with an AUM of 10,242 Cr

Arun Agarwal - Fund Manager

Mr Agarwal holds B.Com. and Chartered Accountant degree. Before joining HDFC AMC, he worked with SBI Funds Management Pvt. Ltd., UTI Asset Management Pvt. Ltd., and ICICI Bank Limited. He manages 13 different schemes with an AUM of ₹21,987 Cr

Krishan Kumar Daga - Fund Manager

Mr Daga has a collective experience of over 29 years, of which 12 years are in fund management and 12 years in Equity Research. He manages 17 schemes with an AUM of ₹25,465 Cr.

Rakesh Vyas - Equity Research - Fund Manager

Mr Vyas holds a rich experience of over 16 years, out of which 3 years are in Application Engineering (Control & Automation) and over 13 years in equity research. He manages 6 schemes with an AUM of ₹1,626 Cr

Anil Bamboli - Fund Manager

Mr Bamboli has over 25 years of experience in Fund Management and Research and Fixed Income dealing. He manages 34 HDFC schemes in the hybrid category with an AUM of ₹66,068 Cr

Anupam Joshi - Fund Manager

Mr Joshi has over 14 years of experience in fund management, research and dealing. He manages 12 different schemes with an AUM of ₹89,089 Cr

Bhagyesh Kagalkar - Fund Manager

Mr Kagalkar is a B.E. and MMS (Finance). Before joining HDFC AMC, he worked with well-known names such as Dolat Capital Markets Ltd., India Infoline Ltd., Sun Engineering Ltd., Al Ahlia Portfolio Securities Co., and IIT Investrust. He manages 6 schemes with an AUM of ₹3,595 Cr

Vikash Agarwal - Debt Fund Management - Fund Manager

A PGDM in Finance from the International School of Business and Media, Mr. Agarwal is the key member of the Debt Fund Management team at JM Financial Mutual Fund India.

How to invest in HDFC Mutual Fund?

Investing in HDFC Mutual Funds is super simple on the 5Paisa platform. As one country’s largest investing platform, 5Paisa allows you to add HDFC and other mutual funds to your portfolio easily. View More

Here are the steps you need to follow to invest in HDFC Mutual Fund online:

Step 1: Log in to your 5Paisa Account. In case you do not have one, click the link to register and create a new 5Paisa account in 3 easy steps. Alternatively, you can also download the 5Paisa app on your smartphone for Android or IOS and log in from your device.

Step 2: Search for the HDFC Mutual Fund scheme that you wish to invest in

Step 3: Select the suitable option as per your specific requirement and risk appetite

Step 4: Select the investment type from SIP (Systematic Investment Plan) or Lumpsum investment

Step 5: Put the amount that you’d like to invest and proceed with the payment option by clicking on the ‘Invest Now’ button

This completes the investment process on the 5Paisa platform. Once your payment is successfully debited, you can see the HDFC Mutual Fund reflected in your 5Paisa account In approximately 3-4 working days. If you selected the SIP option, the amount chosen will get deducted every month starting from the date you made the initial payment.

Top 10 HDFC Mutual Fund to Invest

  • Fund Name
  • Min SIP Investment Amt
  • AUM (Cr.)
  • 3Y Return

HDFC Small Cap Fund – Direct Growth is an Small Cap scheme that was launched on 01-01-13 and is currently under the management of our experienced fund manager Chirag Setalvad. With an impressive AUM of ₹27,574 Crores, this scheme's latest NAV is ₹138.656 as of 12-04-24.

HDFC Small Cap Fund – Direct Growth scheme has delivered a return performance of 54.4% in the last 1 year, 32.1% in the last 3 years, and an 21.2% since its launch. With a minimum SIP investment of just ₹100, this scheme offers a great investment opportunity for those looking to invest in Small Cap funds.

  • Min SIP Investment Amt
  • ₹100
  • AUM (Cr.)
  • ₹27,574
  • 3Y Return
  • 54.4%

HDFC Large and Mid Cap Fund – Direct Growth is an Large & Mid Cap scheme that was launched on 01-01-13 and is currently under the management of our experienced fund manager Gopal Agrawal. With an impressive AUM of ₹17,313 Crores, this scheme's latest NAV is ₹308.324 as of 12-04-24.

HDFC Large and Mid Cap Fund – Direct Growth scheme has delivered a return performance of 53.4% in the last 1 year, 27.2% in the last 3 years, and an 14.6% since its launch. With a minimum SIP investment of just ₹100, this scheme offers a great investment opportunity for those looking to invest in Large & Mid Cap funds.

  • Min SIP Investment Amt
  • ₹100
  • AUM (Cr.)
  • ₹17,313
  • 3Y Return
  • 53.4%

HDFC Mid-Cap Opportunities Fund – Direct Growth is an Mid Cap scheme that was launched on 01-01-13 and is currently under the management of our experienced fund manager Chirag Setalvad. With an impressive AUM of ₹60,417 Crores, this scheme's latest NAV is ₹177.431 as of 12-04-24.

HDFC Mid-Cap Opportunities Fund – Direct Growth scheme has delivered a return performance of 61.3% in the last 1 year, 30.3% in the last 3 years, and an 22.1% since its launch. With a minimum SIP investment of just ₹100, this scheme offers a great investment opportunity for those looking to invest in Mid Cap funds.

  • Min SIP Investment Amt
  • ₹100
  • AUM (Cr.)
  • ₹60,417
  • 3Y Return
  • 61.3%

HDFC Hybrid Equity Fund – Direct Growth is an Aggressive Hybrid scheme that was launched on 01-01-13 and is currently under the management of our experienced fund manager Chirag Setalvad. With an impressive AUM of ₹22,697 Crores, this scheme's latest NAV is ₹113.102 as of 12-04-24.

HDFC Hybrid Equity Fund – Direct Growth scheme has delivered a return performance of 24.5% in the last 1 year, 16.9% in the last 3 years, and an 15.7% since its launch. With a minimum SIP investment of just ₹100, this scheme offers a great investment opportunity for those looking to invest in Aggressive Hybrid funds.

  • Min SIP Investment Amt
  • ₹100
  • AUM (Cr.)
  • ₹22,697
  • 3Y Return
  • 24.5%

HDFC Equity Savings Fund – Direct Growth is an Equity Savings scheme that was launched on 01-01-13 and is currently under the management of our experienced fund manager Anil Bamboli. With an impressive AUM of ₹3,994 Crores, this scheme's latest NAV is ₹66.596 as of 12-04-24.

HDFC Equity Savings Fund – Direct Growth scheme has delivered a return performance of 20.3% in the last 1 year, 13% in the last 3 years, and an 10.8% since its launch. With a minimum SIP investment of just ₹100, this scheme offers a great investment opportunity for those looking to invest in Equity Savings funds.

  • Min SIP Investment Amt
  • ₹100
  • AUM (Cr.)
  • ₹3,994
  • 3Y Return
  • 20.3%

HDFC Multi-Asset Fund – Direct Growth is an Multi Asset Allocation scheme that was launched on 01-01-13 and is currently under the management of our experienced fund manager Srinivasan Ramamurthy. With an impressive AUM of ₹2,642 Crores, this scheme's latest NAV is ₹68.71 as of 12-04-24.

HDFC Multi-Asset Fund – Direct Growth scheme has delivered a return performance of 25.5% in the last 1 year, 16.1% in the last 3 years, and an 12% since its launch. With a minimum SIP investment of just ₹100, this scheme offers a great investment opportunity for those looking to invest in Multi Asset Allocation funds.

  • Min SIP Investment Amt
  • ₹100
  • AUM (Cr.)
  • ₹2,642
  • 3Y Return
  • 25.5%

HDFC Index Fund-Nifty 50 Plan – Direct is an Index scheme that was launched on 01-01-13 and is currently under the management of our experienced fund manager Nirman Morakhia. With an impressive AUM of ₹12,764 Crores, this scheme's latest NAV is ₹215.0071 as of 12-04-24.

HDFC Index Fund-Nifty 50 Plan – Direct scheme has delivered a return performance of 30.2% in the last 1 year, 16.3% in the last 3 years, and an 13.6% since its launch. With a minimum SIP investment of just ₹100, this scheme offers a great investment opportunity for those looking to invest in Index funds.

  • Min SIP Investment Amt
  • ₹100
  • AUM (Cr.)
  • ₹12,764
  • 3Y Return
  • 30.2%

HDFC Credit Risk Debt Fund – Direct Growth is an Credit Risk scheme that was launched on 25-03-14 and is currently under the management of our experienced fund manager Shobhit Mehrotra. With an impressive AUM of ₹8,167 Crores, this scheme's latest NAV is ₹23.3667 as of 12-04-24.

HDFC Credit Risk Debt Fund – Direct Growth scheme has delivered a return performance of 7.8% in the last 1 year, 6.7% in the last 3 years, and an 8.8% since its launch. With a minimum SIP investment of just ₹100, this scheme offers a great investment opportunity for those looking to invest in Credit Risk funds.

  • Min SIP Investment Amt
  • ₹100
  • AUM (Cr.)
  • ₹8,167
  • 3Y Return
  • 7.8%

HDFC Index Fund – S&P BSE SENSEX Plan – Direct is an Index scheme that was launched on 01-01-13 and is currently under the management of our experienced fund manager Nirman Morakhia. With an impressive AUM of ₹6,620 Crores, this scheme's latest NAV is ₹693.3536 as of 12-04-24.

HDFC Index Fund – S&P BSE SENSEX Plan – Direct scheme has delivered a return performance of 26.7% in the last 1 year, 15.8% in the last 3 years, and an 13.8% since its launch. With a minimum SIP investment of just ₹100, this scheme offers a great investment opportunity for those looking to invest in Index funds.

  • Min SIP Investment Amt
  • ₹100
  • AUM (Cr.)
  • ₹6,620
  • 3Y Return
  • 26.7%

HDFC Hybrid Debt Fund – Direct Growth is an Conservative Hybrid scheme that was launched on 01-01-13 and is currently under the management of our experienced fund manager Shobhit Mehrotra. With an impressive AUM of ₹3,102 Crores, this scheme's latest NAV is ₹78.623 as of 12-04-24.

HDFC Hybrid Debt Fund – Direct Growth scheme has delivered a return performance of 17.5% in the last 1 year, 11.7% in the last 3 years, and an 10.2% since its launch. With a minimum SIP investment of just ₹100, this scheme offers a great investment opportunity for those looking to invest in Conservative Hybrid funds.

  • Min SIP Investment Amt
  • ₹100
  • AUM (Cr.)
  • ₹3,102
  • 3Y Return
  • 17.5%

Closed NFO

Frequently Asked Questions

How can I purchase units of HDFC mutual funds?

There are three different options you have to purchase units of HDFC mutual funds. These are-

  • By submitting physical transactions to the fund house directly
  • Through the stock exchange platform
  • Through online/internet transaction facility

What documents do I need to submit with my initial application to buy HDFC mutual fund units?

Here is the list of documents needed to invest in an HDFC mutual fund for the first time-

  • KYC documents of all holders
  • Bank account proof
  • Power of Attorney (notarized)
  • PIO/OCI card
  • Board resolution/Authorisation to invest
  • List of authorised signatories (with specimen signature)
  • Overseas auditors certificate

Are there any additional benefits of investing in HDFC mutual funds with 5Paisa? 

Yes. With 5Paisa, you can easily invest in the HDFC Mutual Fund of your choice at ZERO commission. In addition, investing with 5Paisa is entirely safe and gives you benefits such as:

  • Professional management of funds
  • Complete transparency for liquidity
  • Simple SIP or lump sum investment process 
  • You can invest in HDFC mutual funds by starting a SIP as low as INR 300 or with  
  • It gives you the flexibility to choose from a wide range of options

What is the minimum amount to start an HDFC mutual fund SIP online?

The minimum amount for each HDFC mutual fund depends on your selected option. However, the lowest amount you can choose for an HDFC mutual fund SIP is INR 300.

What is the facility of registering multiple bank accounts in an HDFC mutual fund folio?

HDFC mutual fund offers a facility for registering up to 5 bank accounts in a folio for receiving your redemption proceeds. Here you need to specify one bank account as default and can register up to 4 additional accounts.

How much should I invest in an HDFC Mutual Fund SIP?

To know the right amount to invest in any HDFC mutual fund, you need to understand the amount of risk involved and the overall tenure of the investment. Based on these parameters and your overall financial goals, you can decide the amount you are most comfortable with.

Can I place unit-based redemption requests for HDFC mutual funds?

The instant redemption facility of HDFC mutual funds only allows you to place an amount- based redemption. Placing units-based redemption requests are not allowed.

Do I need a DEMAT account for investing in HDFC mutual funds with 5Paisa?

No. You don’t necessarily have to open a DEMAT account to buy HDFC Mutual Funds with 5Paisa. All you need to do instead is to download the 5Paisa Mobile Trading App, and you can start investing in mutual funds right away. You can simply download 5paisa Invest App & Open an MF Account.

Can you increase the SIP amount for an HDFC mutual fund?

Yes, you can easily increase the SIP amount at any time. To do so, you need to flow the below procedure-

  • Go to the SIP section and select the SIP that you want to increase/revise the amount for
  • Once you have selected the SIP of your choice, choose the EDIT SIP option
  • Update the SIP amount, frequency, or instalment date as per your preference
  • Once you have updated the details, you will receive a notification about the revisions to your SIP

Can I change the bank accounts registered in my HDFC folio?

Yes. Any registered bank account, including the default one, can be changed or replaced using a separate form, details mentioned in an addendum dated 4 June 2009.a

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