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Introduction to the Fund

HDFC Mutual Funds is a product of Housing Development Finance Corporation Limited (HDFC), a leading financial group in the country. HDFC has many subsidiaries such as HDFC Bank, HDFC Asset Management Company and HDFC Standard Life Insurance Company. HDFC Asset Management company had launched their first scheme in July 2000. Today, it is one of the leading asset management companies in India especially in the SIP and Mutual Fund areas. As on 31st December 2018, the assets managed by HDFC Mutual Fund was Rs. 33,496,409.73 for the quarter. Presently there are 11 different kinds of funds offered by the company.


Equity funds are those funds that primarily invest in stocks. These are both open ended or closed ended. Investors are able to buy a basket of stocks very easily over purchasing individual securities. The primary goal of Equity Funds is generating steady income, capital gains or both.

These funds have moderate risk level and are publicly traded.

Under Equity Funds, HDFC Mutual Fund offers funds in three categories:

1. Sector-specific funds : This type of funds see investments in certain sectors like infrastructure, banking etc. or specific segments like mid-cap, small-cap etc.

2. Index Funds : When an investor prefers investing in equity funds but do not want to use Fund manager, it follows a specific index and replicates the index performance. This is called as Index Fund.

3. Tax Saving Funds : These funds offer tax savings to the investors and is also called as Equity Linked Saving Schemes (ELSS). Normally, this has a 3-year lock in period.

HDFC Equity Fund

The HDFC Equity Fund aims at generating capital appreciation/income from a portfolio which invests in equity and equity related instruments. This fund is categorised under the Multi-cap fund. The HDFC Equity Fund is considered to be moderately high-risk fund.

Inception Date1st January 1995
Type of SchemeOpen Ended
ObjectiveCapital Appreciation/Income from the portfolio
Minimum Application AmountRs 5000, Additional purchase at Rs. 1000/-
Benchmark

NIFTY 500 – TRI

NIFTY 50 - TRI

Statistical Measures (3 years)

Standard Deviation – 5.072%

Beta – 1.096

Sharpe Ratio – 0.159

SchemesRegular and Direct Plans with Both Growth and Dividend Options
Entry LoadNot Applicable
Exit Load1% applicable if units are redeemed/switched-out after 1 year from the allotment date

The returns over the year of this fund are:

Regular Plan – Growth Option

PeriodReturns (%)Benchmark Returns (%)
Last 1 year-6.37- 5.95
Last 3 years15.6913.80
Last 5 years16.7915.15
Since inception (3045 days)18.7511.36

SIP Performance – Regular Plan Growth Option

PeriodReturns (%)Benchmark Returns (%)
Last 1 year2.11- 4.58
Last 3 years9.958.36
Since inception (3045 days)21.6314.51

(As on January 2019)

Past performance may not be sustained for future.

HDFC Equity Fund – Portfolio

The top 10 Issuers and Performers contributing to the HDFC Equity Fund portfolio are:

Top 10 IssuersNet Assets (%)
State Bank of India9.86
ICICI Bank Ltd.9.74
Infosys Ltd.9.58
L&T8.13
Reliance Industries Ltd.6
HDFC Bank Ltd.4.54
ITC Ltd.3.76
NTPC Ltd.3.60
Axis Bank2.87
Power Grid Corporation of India Ltd.2.75
Top 10 SectorsNet Assets (%)
Banks31.88
Software14.73
Power9.52
Construction8.35
Petroleum7.57
Finance5.92
Consumer Non-Durables3.76
Pharma3.31
Industrial Capital Goods3.20
Gas1.91

NAV

NAV as on 31st Jan 2019 (per Unit in Rs.)

Regular Plan – Growth Option629.488
Regular Plan – Dividend Option53.152
Direct Plan – Growth Option661.059
Direct Plan -Dividend option56.624

HDFC Mutual Funds are easy to invest. It can be primarily done in two ways:

Online : A dedicated website offers all scheme details and its features. This helps in taking decision on which Fund to invest in. HDFC Mobile App is also available on Google Play or Apple Store. This is very useful for investors who are on the go and can make transactions, purchase or sell stocks.

Offline : It is possible to invest in Mutual Fund by walking into the nearest HDFC Bank. The bank has a detailed network of branches across the width and breadth of the country. In this offline method, one can easily converse with the bank representative who can offer valuable inputs in choosing a particular scheme on the basis of your requirements. The application form along with the documents can be submitted directly to the bank.


1. What is a Direct Plan?

When investors can invest directly with the Mutual Fund House and not through a distributor, it is called as Direct Plan. This has been mandatory by SEBI from 2012 onwards.

2. What is consolidated account statement?

It is a single account statement that provides all transactions pertaining to Mutual Fund investments.

3. How can I apply for PAN?

One can apply for a PAN with the appointed agencies by Income Tax Department. The website also contains details for PAN application.

4. Which category of investors need to provide PAN?

  • All Unit holders including Guardians
  • NRI Investors
  • Power of Attorney holders
  • Lien Holder
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