HDFC Life Midcap Momentum Fund

The HDFC Life Midcap Momentum Fund is a new investment option from HDFC Life Insurance. It focuses on mid-cap stocks with high growth potential. NFO starts on March 16 and ends on March 31, 2024, the fund aims for long-term capital growth by investing in the top 50 mid-cap companies based on momentum score.

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What is HDFC Life Midcap Momentum Fund?

The HDFC Life Midcap Momentum Fund is a newly launched New Fund Offering (NFO) offered by HDFC Life Insurance. It starts on 16th March till 31st March 2024. It focuses on investing in mid-cap stocks with high growth potential.

The aim is long-term capital appreciation by investing in the top 50 mid-cap companies based on momentum score. HDFC Life Midcap Momentum Fund follows a momentum investing strategy, targeting stocks with strong recent performance expected to continue growing. It tracks the Nifty Midcap 150 Momentum 50 benchmark index for stock selection.

hdfc-life-nfohdfc-life-nfo

Highlights of the HDFC Life Midcap Momentum Fund

Aspect Details
Investment Objective To achieve long-term capital appreciation by investing in mid-cap companies with high growth potential.
Benchmark Index NIFTY Midcap 150 Momentum 50
Risk Profile Moderate Risk
NFO Start Date 16th March 2024 – 31st March 2024
Current NAV ₹10
Minimum Investment ₹2,000/month

What is the NIFTY Midcap 150 Momentum 50 Index?

The NIFTY Midcap 150 Momentum 50 Index is a stock market index that tracks the performance of the top 50 mid-cap companies in India. These companies are specifically chosen based on a momentum score that considers their price return over the past 6 and 12 months, adjusted for volatility.

Here are some key features of the index:

  • It selects the top 50 out of 150 mid-cap stocks.

  • Selection is based on a momentum score that considers both price return and volatility.

  • The weightage of each stock considers both its momentum score and market capitalization.

  • Capping is applied to prevent any single stock from dominating the index.

  • Rebalancing happens twice a year, in June and December.

Reasons Why You Should Invest in HDFC Life Midcap Momentum Fund

Investing in HDFC Life Midcap Momentum Fund can be a smart move for several reasons:

  • Proven Performance: With a 5-year benchmark return of 31.3%, this fund has demonstrated its ability to deliver consistent growth over the long term.

  • Investment Strategy: By investing in the top 50 midcap companies based on momentum scores, the strategy used by this fund leverages market trends and eliminates any subjective bias that may be introduced by a fund manager, providing a transparent and systematic approach to investment.

  • Personalized Investment Plans: Investors can choose from various flexible investment plan options available at Policybazaar with low commitment starting from ₹2000 per month, ensuring accessibility and convenience.

  • No Hidden Charges: We at Policybazaar ensure full transparency and makes sure that all fees and expected returns are clearly stated, leaving no room for surprises or hidden costs.

  • Exclusive Offer: Policybazaar investors have the opportunity to enter the market at the NAV of ₹10, availing themselves of a proven fund with a strategy tailored for long-term growth.

hdfc-midcap-momentumhdfc-midcap-momentum

Performance of NIFTY Midcap 150 Momentum 50 Index

Index Name  3-Years Returns 5-Years Returns 10-Years Returns
NIFTY Midcap 150 
Momentum 50 
35.5% 31.2% 27.4%
NIFTY Midcap 150  26.5% 24.4% 21.7%
NIFTY Smallcap 250 29.5% 24.9% 19.9%
NIFTY 50 14.8% 15.3% 13.4%

Difference Between Index Funds vs Actively Managed Funds

Parameter Index Fund Actively Managed Funds
Performance Mimic Benchmark May or may not beat the benchmark
Risk Profile No Added Risk Might have risks depending on the performance
Stock picking Copy the benchmark May have more concentrated positions
Underperforming the market No Yes
Bias investing No Yes

HDFC Life Products Available Under the NIFTY Midcap 150 Momentum 50 Index

Investment Plans Child Plans Retirement Plans 
Capital Guarantee Solution
(Min Premium: 2,100)
Capital Guarantee Solution
(Min Premium: 2,200)
Capital Guarantee Solution
(Min Premium: 2,000)
Click 2 Invest 
(Min Premium: 2,100)
Sampoona Nivesh
(Min Premium: 2,000)
Sampoona Nivesh – Classic Waiver
(Min Premium: 2,000)
Click 2 Wealth- Golden Years
(Min Premium: 2,600)

Why is HDFC Life Midcap Momentum Fund a Smart Investment?

A Midcap Momentum Index Fund is a good fit, and here's why:

  • High Growth Potential: Midcap companies, on the rise, can offer big growth due to expansion plans and taking market share.

  • Diversification: Get exposure to a variety of mid-cap stocks, reducing risk compared to a single company.

  • Riding the Momentum: The fund tracks companies with upward price trends, aiming for higher returns than the market during bull runs.

  • Active Management: Active management allows the fund manager to adjust the portfolio based on changing market conditions and momentum dynamics, potentially enhancing performance.

Why Should You Choose HDFC Life?

    • Impressive Returns: HDFC Life's products have a track record of delivering high returns. Below are the figures:

Fund Name Inception Date Returns
Discovery Fund 3 September ‘18 26.30% (5 year returns)
Flexi Cap Fund 26 October ‘23 31.30% (since inception)
  • HDFC Life is one of the leading life insurance companies in India.

  • As of September 28, 2023, HDFC Life's total Assets Under Management (AUM) are ₹2,50,000 Cr.

  • HDFC Products provide flexibility in terms of PT (Policy Term)/PPT(Premium Paying Term).

  • HDFC Life has been at the front of digital innovation in the life insurance sector. 

  • The company offers a variety of online and mobile-based services to its customers, making it easy for them to buy and manage their policies.

hdfc-life-nfohdfc-life-nfo

What are the Benefits of Purchasing the HDFC Life Midcap Momentum Fund from Policybazaar?

Investing through Policybazaar offers a range of valuable benefits:

  • Convenience: With Policybazaar, you can invest in the HDFC Life Momentum Index Fund online, removing the need for physical visits to banks or insurance agents.

  • Comparison: Policybazaar is a platform that provides you an option to compare various plans, including new funds. This way, you have all the necessary information to make an informed decision and secure the best investment deals available in the market.

  • Expert Guidance: Policybazaar has a team of financial experts who are ready to help you select the most suitable NFO plan based on your specific financial requirements and goals. 

  • Tax Advantages: Investing in the HDFC Life Midcap Momentum Index Fund through Policybazaar can provide you tax benefits. The platform helps you understand and navigate the possible tax benefits associated with your investment, helping you in your financial planning.

  • Easy Redemption: When redeeming your NFO investment, Policybazaar provides a seamless process, subject to the terms and conditions specified in the NFO agreement.

How to Buy HDFC Life Midcap Momentum Fund from Policybazaar?

To buy HDFC Life Midcap Momentum Fund from Policybazaar, follow these steps:

Step 1: Go to the Policybazaar website or open the Policybazaar app. Log into your existing account or create a new one if you don't have an account yet.

Step 2: Once logged in, you'll be prompted to fill in your name, city, age, and contact numbers in the provided form. This information will be used to check the personalized benefits of the plans.

Step 3: After providing your personal information, you'll be presented with a list of available HDFC Life Plans. Select the HDFC Life Midcap Momentum Fund option that best suits your needs from the following options:

  • HDFC Life Capital Guarantee Solution

  • HDFC Life Click2Wealth- Golden Years

  • HDFC Life Click2Invest

  • HDFC Sampoorn Nivesh – Classic Waiver

Step 4: If you're interested in the Midcap Momentum Fund, click on the "Get Details" tab for more information.

You can also get FREE expert consultation, just click on talk to expert button. 

Step 5: Review the details of the plan carefully. Once you're satisfied, click on the "Proceed" button and follow the prompts displayed on the screen to move forward with the purchase.

Step 6: You will be prompted to enter essential details and specify the amount you want to invest. Select the preferred mode of payment for your investment.

Step 7: Provide your KYC (Know Your Customer) details as required. This step is essential for regulatory compliance.

Step 8: Complete the payment process. Upon successful payment, you will receive confirmation of your purchase.

Investment Methodology Nifty Mid Cap 150 Momentum 50 Index

  • Top 50 Stocks identified by an algorithm 

  • Follows rule-based investing

  • Invest in stocks that are doing well and are likely to keep doing well while eliminating the ones that aren't doing as well.

  • NSE declares the index constituents & HDFC life just replicates the index.

  • The index is rebalanced every 6 months in June & December

Excellent Historical Returns:

  • 5 Year returns: 31.2% & 

  • 10 Year returns: 27.4%

Sectors Included on Nifty Mid Cap 150 Momentum 50 Index

Sector Representation Weight
Financial Services 29.2%
Healthcare 19.5%
Capital Goods 18.2%
Realty 9.00%
Metals & Mining 6.30%
Information Technology 5.30%
Chemicals 3.70%
Automobile & Auto Components 3.50%
Power 3.30%

Mid Cap companies that are a part of the Nifty Mid Cap 150 Momentum 50 Index

hdfc-life-nfo-industry-brandhdfc-life-nfo-industry-brand

FAQ's

  • Under which plan can we avail of the benefits of the HDFC Life Midcap Momentum Fund?

    HDFC Life Midcap Momentum Fund is offered in the following plans:
  • Is it good to invest in HDFC Life Mid Cap Momentum Fund?

    If you are looking for a fund that generates high returns over the long term and you have a moderate to high-risk appetite, then  HDFC Life Mid Cap Momentum Fund can be a good option for you.
  • What are the tax implications under the HDFC Life Midcap Momentum Fund?

    Investors can avail of tax benefits under Section 80C of the Income Tax Act, 1961, which allows a deduction of up to ₹1.5 lakhs from their taxable income for the sum invested in the fund. The Section 10(10D) benefits can also be used by the policyholder if the yearly premium paid is below Rs. 2.5 lakh.
  • Is HDFC Momentum Mutual Fund or HDFC Life Insurance Funds investment riskier?

    HDFC Momentum Mutual Fund would likely be riskier than HDFC Life Insurance Funds. Mutual funds, especially those focused on momentum, can experience higher volatility than insurance products.
  • How can you calculate returns on your HDFC Life Midcap Momentum Fund?

    You can calculate returns on your HDFC Life Midcap Momentum Fund using the SIP calculator. An SIP calculator is a tool used to estimate possible returns on your investments made through SIP.

*Past 5 Year annualised returns as on 01-04-2024
*All savings plans are provided by the insurer as per the IRDAI approved insurance plan. Tax benefit is subject to changes in tax laws. Standard T&C Apply
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
#The lumpsum benefit is calculated if policyholder invested ₹10000 monthly for 10 years in the fund with a policy term of 20 years. This Point To Point past performance data of last 10 years has been used to illustrate a scenario for the customers benefit. It is assumed that the past 10 years returns would have also been delivered in last 20 years. This is not guaranteed and not in anyway indicative of what the customer may actually get 20 years from now. The investment is subject to market risk and the risk is borne by the policyholder.

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Fund Reviews & Ratings
4.7 / 5 (Based on 28 Reviews)
(Showing Newest 10 reviews)
Dev
Mumbai, April 10, 2024
HDFC Life Positive Outlook
Investing in HDFC Life Midcap Momentum Fund is easy and straightforward. Its a simple way to gain exposure to midcap stocks and potentially grow your wealth.
Naina
Ahmedabad, April 09, 2024
HDFC Life Easy Investment
Theres potential for growth with HDFC Life Midcap Momentum Fund. Investing in midcap stocks through this fund could lead to good returns.
Sahil
Bhubaneswar, April 07, 2024
HDFC Life Potential Growth
Considering HDFC Life Midcap Momentum Fund is a good idea. It targets midcap companies and could help boost your investment portfolio.
Aisha
Ajmer, April 07, 2024
HDFC Life Worth Considering
HDFC Life Midcap Momentum Fund is an exciting investment option. It focuses on midcap stocks and aims to grow your money over time.
Rohan
Mumbai, April 06, 2024
HDFC Life Exciting Investment
HDFC Life Midcap Momentum Fund redefines success in the investment realm. By harnessing the momentum of midcap stocks the fund sets a new standard for achieving superior returns and unlocking wealth creation opportunities.
Arnav
Patna, April 04, 2024
HDFC Life Fueling Growth Trajectory
HDFC Life Midcap Momentum Fund reshapes traditional investment paradigms with its forward thinking approach. The funds emphasis on midcap stocks and momentum driven strategy revolutionizes investment decisions for enhanced growth potential.
Ria
Goa, April 04, 2024
HDFC Life Redefining Success
HDFC Life Midcap Momentum Fund fuels the growth trajectory of investment portfolios. Its strategic focus on midcap companies and momentum driven approach accelerates wealth accumulation for investors seeking higher returns.
Ananya
Goa, April 03, 2024
HDFC Life Reshaping Investments
HDFC Life Midcap Momentum Fund charts new territories in the investment landscape. With its innovative blend of midcap focus and momentum driven strategy the fund opens doors to unexplored avenues for wealth creation.
Pooja
Patna, April 02, 2024
HDFC Life Charting New Territories
HDFC Life Midcap Momentum Fund empowers investors with a strategic advantage in the market. Its dynamic approach to identifying growth opportunities in midcap stocks fosters a sense of confidence and control over investment outcomes.
Deepak
Delhi, March 31, 2024
HDFC Life Empowering Investors
Investing in HDFC Life Midcap Momentum Fund reflects a visionary approach to investment. The fund focus on midcap stocks and momentum driven strategy demonstrates foresight in navigating market dynamics for optimal returns.
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