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).

Top 10 HDFC Mutual Fund Schemes –

Fund Name
Category
Risk
1Y Returns
Rating
Fund Size (in Cr)
HDFC Small Cap Fund Equity Very High 8.7 3 13,796
HDFC Mid-Cap Opportunities Fund Equity Very High 12.8 3 34,227
HDFC Retirement Savings Fund Solution Oriented Very High 9.1 5 2,414
HDFC Large and Mid Cap Fund Equity Very High 11.4 3 7,006
HDFC Focused 30 Fund Equity Very High 23.6 2 2,093
HDFC Flexi Cap Fund Equity Very High 17.3 3 30,472
HDFC Children’s Gift Fund Solution Oriented Very High 7.3 - 5,792
HDFC Capital Builder Value Fund Equity Very High 5.5 2 5,417
HDFC Tax Saver Fund Equity Very High 11.1 2 9,787
HDFC FMP-1372Days Debt Low 3.3 - 161
HDFC FMP-1100Days Debt Moderate 3.3 - 50
HDFC FMP-1381Days Debt Low 3.3 - 405
HDFC FMP-1344Days Debt Moderate 3.3 - 82
HDFC Balanced Advantage Fund Hybrid Very High 16.1 2 48,055
HDFC Retirement Savings Fund Solution Oriented Very High 4.7 4 882
HDFC Index Fund Other Very High 3.1 3 6,902
HDFC Hybrid Equity Fund Hybrid Very High 8.2 3 18,909
HDFC Index Fund Other Very High 3 4 3,891
HDFC Multi-Asset Fund Hybrid Very High 5.7 4 1,595
HDFC Infrastructure Fund Equity Very High 19.1 1 609
HDFC Top 100 Fund Equity Very High 9.3 2 22,305
HDFC Housing Opportunities Fund Equity Very High 7.7 - 1,239
HDFC Dynamic PE Ratio Fund Other High 8 3 29
HDFC FMP-1133Days Debt Moderate 11.1 - 297
HDFC FMP-1126Days Debt Moderate 11.1 - 427
HDFC FMP-1232Days Debt Moderate 11.1 - 640
HDFC FMP-1127Days Debt Moderate 11.1 - 64
HDFC FMP-1120Days Debt Moderate 11.1 - 182
HDFC FMP-1203Days Debt Moderate 11.1 - 74
HDFC FMP-1118Days Debt Moderate 11.1 - 293
HDFC FMP-1218Days Debt Moderate 11.1 - 55
HDFC FMP-1246Days Debt Moderate 11.1 - 358
HDFC FMP-1190Days Debt Moderate 11.1 - 94
HDFC FMP-1265Days Debt Moderate 11.1 - 170
HDFC FMP-1224Days Debt Moderate 11.1 - 147
HDFC FMP-1260Days Debt Moderate 11.1 - 65
HDFC FMP-1274Days Debt Moderate 11.1 - 329
HDFC FMP-1434Days Debt Moderate 11.1 - 62
HDFC FMP-1182Days Debt Moderate 11.1 - 164
HDFC FMP-1280Days Debt Moderate 11.1 - 122
HDFC FMP-1175Days Debt Moderate 11.1 - 56
HDFC FMP-1154Days Debt Moderate 11.1 - 84
HDFC FMP-1261Days Debt Moderate 11.1 - 237
HDFC Equity Savings Fund Hybrid Moderately High 6.1 3 2,611
HDFC Hybrid Debt Fund Hybrid Moderately High 5.5 3 2,736
HDFC Retirement Savings Fund Solution Oriented Moderately High 5.1 4 145
HDFC FMP-1846Days Debt NA 6 - 254
HDFC FMP-1487Days Debt Moderately High 5.9 - 836
HDFC Gold Fund Other High 4.8 4 1,359
HDFC Credit Risk Debt Fund Debt Moderately High 4 4 8,700
HDFC Dynamic Debt Fund Debt Moderate 1.7 5 501
HDFC Medium Term Debt Fund Debt Moderately High 3 4 3,814
HDFC Short Term Debt Fund Debt Moderate 3.1 4 13,618
HDFC Corporate Bond Fund Debt Moderate 2.9 3 21,578
HDFC Banking and PSU Debt Fund Debt Moderately Low 3 3 5,380
HDFC Floating Rate Debt Fund Debt Moderate 3.8 - 16,072
HDFC Low Duration Fund Debt Moderately Low 4 3 16,074
HDFC FMP – 3360Days Debt NA 2.9 - 738
HDFC Income Fund Debt Moderate 1.7 2 527
HDFC Gilt Fund Debt Moderate 1.1 2 1,678
HDFC Money Market Fund Debt Moderate 4.1 4 13,661
HDFC Ultra Short Term Fund Debt Moderate 3.9 4 13,462
HDFC Arbitrage Fund Hybrid Low 3.8 - 6,027
HDFC Arbitrage Fund Hybrid Low 3.8 2 6,027
HDFC Liquid Fund Debt Moderately Low 4 2 54,964
HDFC Overnight Fund Debt Low 3.8 2 18,024
HDFC Multi Cap Fund Equity Very High - - 5,501
HDFC Asset Allocator Fund Other High 8.5 - 2,287
HDFC Banking & Financial Services Fund Equity Very High 6.2 - 2,579
HDFC FMP 1158D July 2022-Sr.46 Debt Moderate - - 138
HDFC NIFTY50 Equal Weight Index Fund Other Very High 6.2 - 514
HDFC Dividend Yield Fund Equity Very High 10.6 - 3,048
HDFC Nifty 100 Index Fund Other Very High - - 88
HDFC Nifty 100 Equal Weight Index Fund Other Very High - - 83
HDFC Developed World Indexes Fund Other Very High - - 1,057
HDFC FMP 1406D August 2022-Sr.46 Debt Moderate - - 209
HDFC FMP 1861D March 2022-Sr.46 Debt Moderate - - 383
HDFC FMP 1162D March 2022 – Direct Growth Debt Moderate - - 27
HDFC NIFTY Next 50 Index Fund Other Very High - - 385
HDFC FMP 1876D March 2022-Sr.46 Debt Moderate - - 26

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. 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 Asset Management Company Limited – Key Information

Mutual Fund Name HDFC Mutual Fund
Founded On 30th June 2000
Sponsors Housing Development Finance Corporation Ltd. / abrdn Investment Management Limited
Trustee HDFC Trustee Company Limited
Non-Executive Director and Chairman Mr Deepak S. Parekh
Managing Director Navneet Munot
Executive Director & Chief Investment Officer Mr Prashant Jain
Chief Compliance Officer Supriya Sapre
Head Office “HDFC House”, 2nd Floor,

H. T. Parekh Marg, 165-166,

Backbay Reclamation,

Churchgate, Mumbai – 400020.

Registrar and Transfer Agent 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

 

HDFC Asset Management Company Limited – Top Fund Managers

Chirag Setalvad

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

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

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

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

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

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

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

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

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

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

Bhagyesh Kagalkar

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

Anupam Joshi

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

Vikash Agarwal

Mr Agarwal is a B.Com., CA, CFA. Before joining HDFC AMC, he worked with Larsen & Toubro Ltd. He manages 11 schemes with ₹42,261 Cr

How can you invest in HDFC 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. 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.

HDFC Funds Performance and Minimum Investment

Here are the top 10 HDFC mutual fund investment options you can look at that have provided high returns to investors-

HDFC Small Cap Fund Direct-Growth

Managed by Chirag Setalvad, HDFC Small Cap Fund Direct-Growth is an Equity mutual fund scheme with an AUM of ₹11,753.00 Crores. The annualized return performance of the scheme in the last 1 year is 3.21%, in the last 3 years it is 85.12% and 395.55% since the launch. The minimum SIP amount to invest in HDFC Small Cap Fund Direct-Growth is ₹300, whereas the minimum amount to invest via lump sum is ₹5000

  • Category: Equity: Small Cap
  • Scheme Type: Equity Growth
  • Fund Type: Open-ended
  • NAV-₹78.837 as on 23 Jul 2022
  • Avg AUM:₹11,753.00 Crores
  • Fund Manager: Mr Chirag Setalvad 
  • SIP (Minimum Amount): INR 300/- 
  • SIP Frequency: Monthly
  • Minimum Investment Amount lumpsum: INR. 5,000/- and any amount after that

1-year CAGR Returns- +3.21%

3-year CAGR Returns- +22.76%

5-year Annualized Returns- 14.59%

HDFC Large and Mid Cap Fund Direct-Growth

HDFC Large and Mid Cap Fund Direct-Growth is an Equity mutual fund scheme managed by Mr Gopal Agrawal. With an AUM of ₹5,817.02 Crores, HDFC Large and Mid Cap Fund Direct-Growth scheme return performance in the last 1 year is 10.94%, in the last 3 years is 69.74% and 183.97% since scheme launch. The minimum SIP amount to invest in HDFC Large and Mid Cap Fund Direct-Growth is ₹300, whereas the minimum amount to invest via lump sum is ₹5000

  • Category: Equity: Large & mid- Cap
  • Scheme Type: Equity Growth
  • Fund Type: Open-ended
  • NAV ₹190.052 as on 23 Jul 2022
  • Avg AUM: ₹5,817.02 Crores
  • Fund Manager: Mr Gopal Agarwal
  • SIP (Minimum Amount): INR 300/- 
  • SIP Frequency: Monthly
  • Minimum Investment Amount lumpsum: INR. 5,000/- and any amount after that

1-year CAGR Returns- +10.94%

3-year CAGR Returns- +19.27%

5-year Annualized Returns- +19.27%

HDFC Mid-Cap Opportunities Direct Plan-Growth

The HDFC Mid-Cap Opportunities Direct Plan-Growth has given an annualized return of 22.51% in the last three years and 12.19% in the last five years. With an AUM of ₹29,095.04 Crores, the scheme return performance in the last 1 year is 8.66%, in the last 3 years is 83.95% and 425.61% since scheme launch. The minimum SIP amount to invest in HDFC Mid-Cap Opportunities Direct Plan-Growth is ₹300, whereas the minimum amount to invest via lump sum is ₹5000

  • Category: Equity: 
  • Scheme Type: Equity-Mid cap
  • Fund Type: Open-ended
  • NAV is ₹98.810 as on 23 Jul 2022
  • Avg AUM: ₹5,817.02 Crores
  • Fund Manager: Mr Gopal Agarwal
  • SIP (Minimum Amount): INR 300/- 
  • SIP Frequency: Monthly
  • Minimum Investment Amount lumpsum: INR. 5,000/- and any amount after that

1-year CAGR Returns- +10.94%

3-year CAGR Returns- +19.27%

5-year Annualized Returns- 12.19%

HDFC Hybrid Equity Fund Direct Plan-Growth

HDFC Hybrid Equity Fund Direct Plan is a Hybrid mutual fund scheme from HDFC Mutual Fund and is managed by Chirag Setalvad. With an AUM of ₹17,191.96 Crores, the return performance of the fund in the last 1 year is 6.21%, in the last 3 years is 50.31% and 189.16% since the scheme launch. The minimum SIP amount to invest in HDFC Small Cap Fund Direct-Growth is ₹300, whereas the minimum amount to invest via lump sum is ₹5000

  • Category: Aggressive Hybrid  
  • Scheme Type: Hybrid Growth
  • Fund Type: Open-ended
  • NAV ₹83.732 as on 23 Jul 2022
  • Avg AUM: ₹17,191.96 Crores
  • Fund Manager: Mr Chirag Setalvad
  • SIP (Minimum Amount): INR 300/- 
  • SIP Frequency: Monthly
  • Minimum Investment Amount lumpsum: INR. 5,000/- and any amount after that

1-year CAGR Returns- +6.21%

3-year CAGR Returns- +14.54%

5-year Annualized Returns- 10.57%

HDFC Equity Savings Direct Plan-Growth

HDFC Equity Savings Direct Plan-Growth is a Hybrid mutual fund scheme managed by multiple fund managers, including Krishan Kumar Daga, Anil Bamboli, Arun Agarwal and Srinivasan Ramamurthy. The fund has an AUM of ₹2,502.00 Crores and has given a return performance of 5.33% in the last 1 year, 33.98% in the last 3 years and 149.07% since the scheme launch. The minimum SIP amount to invest in HDFC Equity Savings Direct Plan-Growth is ₹300, whereas the minimum amount to invest via lump sum is ₹5000

  • Category: Hybrid  
  • Scheme Type: Hybrid -Equity Savings
  • Fund Type: Open-ended
  • NAV ₹52.433 as on 23 Jul 2022
  • Avg AUM: ₹2,502.00 Crores
  • Fund Manager: Krishan Kumar Daga, Anil Bamboli, Arun Agarwal and Srinivasan Ramamurthy
  • SIP (Minimum Amount): INR 300/- 
  • SIP Frequency: Monthly
  • Minimum Investment Amount- lumpsum: INR. 5,000/- and any amount after that

1-year CAGR Returns- +5.33%

3-year CAGR Returns- +10.23%

5-year Annualized Returns- 8.39%

HDFC Multi Asset Fund Direct-Growth

HDFC Multi Asset Fund Direct-Growth is a Hybrid mutual fund scheme managed by fund managers Krishan Kumar Daga, Anil Bamboli, Arun Agarwal and Srinivasan Ramamurthy. With an AUM of ₹1,476.10 Crores, the scheme return performance is 6.95% in the last 1 year, 54.14% in the last 3 years and 165.54% since the scheme launch. The minimum SIP amount to invest in HDFC Multi Asset Fund Direct-Growth is ₹300, whereas the minimum amount to invest via lump sum is ₹5000

  • Category: Hybrid  
  • Scheme Type: Hybrid -Multi-asset allocation
  • Fund Type: Open-ended
  • NAV ₹50.849 as on 23 Jul 2022
  • Avg AUM: ₹1,476.10 Crores
  • Fund Manager: Krishan Kumar Daga, Anil Bamboli, Arun Agarwal, Srinivasan Ramamurthy 
  • SIP (Minimum Amount): INR 300/- 
  • SIP Frequency: Monthly
  • Minimum Investment Amount -lumpsum: INR. 5,000/- and any amount after that

1-year CAGR Returns- +6.95%

3-year CAGR Returns- +15.50%

5-year Annualized Returns- +10.58% 

HDFC Index Fund Nifty 50 Plan Direct-Growth

HDFC Index Fund Nifty 50 Plan Direct-Growth is an Equity mutual fund managed by fund managers Krishan Kumar Daga and Arun Agarwal. With an AUM of ₹5,940.60 Crores, the funds return performance is 6.75% in the last 1 year, 50.91% in the last 3 years and 207.02% since the scheme launch. The minimum SIP amount to invest in HDFC Index Fund Nifty 50 Plan Direct-Growth is ₹300, whereas the minimum amount to invest via lump sum is ₹5000

  • Category: Equity  
  • Scheme Type: large Cap
  • Fund Type: Open-ended
  • NAV ₹157.744 as on 23 Jul 2022
  • Avg AUM: ₹5,940.60 Crores
  • Fund Manager: Krishan Kumar Daga and Arun Agarwal
  • SIP (Minimum Amount): INR 300/- 
  • SIP Frequency: Monthly
  • Minimum Investment Amount lumpsum: INR. 5,000/- and any amount after that

 1-year CAGR Returns- +6.75%

3-year CAGR Returns- +14.69%

5-year Annualized Returns- +12.02% 

HDFC Credit Risk Debt Fund Direct-Growth

HDFC Credit Risk Debt Fund Direct-Growth is a Debt mutual fund scheme managed by fund manager Shobhit Mehrotra. The fund has an AUM of ₹8,576.32 Crores. The scheme return performance is 4.02% in the last 1 year, 26.10% in the last 3 years and 106.11% since the launch. The minimum SIP amount to invest in HDFC Credit Risk Debt Fund Direct-Growth is ₹300, whereas the minimum amount to invest via lump sum is ₹5000

  • Category: Debt  
  • Scheme Type: Credit Risk
  • Fund Type: Open-ended
  • NAV ₹20.632 as on 23 Jul 2022
  • Avg AUM: ₹8,576.32 Crores
  • Fund Manager: Shobhit Mehrotra
  • SIP (Minimum Amount): INR 300/- 
  • SIP Frequency: Monthly
  • Minimum Investment Amount lumpsum: INR. 5,000/- and any amount after that

1-year CAGR Returns- +4.02%

3-year CAGR Returns- +8.03%

5-year Annualized Returns- +7.50% 

HDFC Index S&P BSE Sensex Direct Plan-Growth

HDFC Index S&P BSE Sensex Direct Plan-Growth is an Equity mutual fund scheme managed by fund managers Krishan Kumar Daga and Arun Agarwal. With an AUM of ₹3,390.39 Crores, the return performance of the fund in the last 1 year is 7.18%, in the last 3 years is 50.97% and 215.50% since the scheme launch. The minimum SIP amount to invest in HDFC Index S&P BSE Sensex Direct Plan-Growth is ₹300, whereas the minimum amount to invest via lump sum is ₹5000

  • Category: Equity
  • Scheme Type: Large Cap
  • Fund Type: Open-ended
  • NAV ₹516.271 as on 23 Jul 2022
  • Avg AUM: ₹3,390.39 Crores
  • Fund Manager: Krishan Kumar Daga and Arun Agarwal
  • SIP (Minimum Amount): INR 300/- 
  • SIP Frequency: Monthly
  • Minimum Investment Amount lumpsum: INR. 5,000/- and any amount after that

1-year CAGR Returns- +7.18%

3-year CAGR Returns- +14.70%

5-year Annualized Returns- +12.75%

HDFC Hybrid Debt Fund Direct-Growth

HDFC Hybrid Debt Fund Direct-Growth is a Hybrid mutual fund scheme managed by fund managers Shobhit Mehrotra and Srinivasan Ramamurthy. The fund has an AUM of ₹2,628.79 Crores, and the return performance for the scheme in the last 1 year is 4.72%, in the last 3 years is 30.25% and 136.22% since the scheme launch. The minimum SIP amount to invest in HDFC Equity Savings Direct Plan-Growth is ₹300, whereas the minimum amount to invest via lump sum is ₹5000

  • Category: Hybrid  
  • Scheme Type: conservative Hybrid
  • Fund Type: Open-ended
  • NAV ₹62.538 as on 23 Jul 2022
  • Avg AUM: ₹2,628.79 Crores
  • Fund Manager: Shobhit Mehrotra and Srinivasan Ramamurthy
  • SIP (Minimum Amount): INR 300/- 
  • SIP Frequency: Monthly
  • Minimum Investment Amount lumpsum: INR. 5,000/- and any amount after that

1-year CAGR Returns- +4.72%

3-year CAGR Returns- +9.20%

5-year Annualized Returns- 6.96%

Frequently Asked Questions

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

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.

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

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.

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

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.

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.

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

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.

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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