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HDFC Mutual Funds
HDFC Mutual Fund is one of the largest Asset Management Company (AMC) in India with Assets under Management (AuM) of over ₹4.8 trillion as of 05 September 2023. It was founded on 10 December 1999 and is a joint venture between HDFC Bank and Standard Life Investments. HDFC Mutual Fund offers a wide range of mutual funds^^, including equity, debt, balanced, and liquid funds. The company has consistently outperformed the market, making it one of the most trusted mutual fund brands in India.
Investment Plans
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Guaranteed Tax Savings
Under sec 80C & 10(10D) -
₹1 Crore
Invest ₹10k per month* -
Zero LTCG Tax
In-built life cover
Top performing plans with High Returns**
Invest ₹10K/month & Get ₹1 Crore returns*
Top HDFC Mutual Fund in India
| Fund Name | Risk Category | 1 Year Return | 5 Year Return | Fund Size (in Crores) |
| Equity Funds | ||||
| HDFC Mid-Cap Opportunities Fund | Very High Risk | 32.90% | 18.91% | ₹45,449 |
| HDFC Focused 30 Fund | Very High Risk | 22.31% | 15.76% | ₹5,828 |
| HDFC Flexi Cap Fund | Very High Risk | 22.36% | 16.15% | ₹38,266 |
| HDFC Large and Midcap Fund | Very High Risk | 24.76% | 17.09% | ₹10,680 |
| HDFC Retirement Savings Fund - Equity Plan | Very High Risk | 25.99% | 19.00% | ₹3,570 |
| Debt Funds | ||||
| HDFC Credit Risk Debt Fund | Moderate Risk | 7.37% | 5.11% | ₹ 8,443 |
| HDFC Medium Term Debt Fund | Moderate Risk | 6.72% | 6.22% | ₹ 4,333 |
| HDFC Dynamic Debt Fund | Moderate Risk | 6.88% | 7.29% | ₹ 647 |
| HDFC Corporate Bond Fund | Moderate Risk | 6.64% | 7.19% | ₹ 26,782 |
| HDFC Short Term Debt Fund | Moderate Risk | 7.07% | 6.74% | ₹ 12,400 |
| Hybrid Funds | ||||
| HDFC Balanced Advantage Fund | Very High Risk | 12.77% | 10.66% | ₹ 60,641 |
| HDFC Retirement Savings Fund | Very High Risk | 11.55% | 10.06% | ₹ 1,127 |
| HDFC Hybrid Equity Fund | Very High Risk | 14.89% | 12.88% | ₹ 21,038 |
| HDFC Dynamic PE Ratio FoF | Very High Risk | 14.63% | 10.76% | ₹ 36 |
| HDFC Multi Asset Fund | Very High Risk | 15.74% | 14.47% | ₹ 1,913 |
| Tax Saving Funds | ||||
| HDFC Tax-Saver Fund | Very High Risk | 16.9% | 14.34% | ₹ 11,296 |
About HDFC Mutual Fund Asset Management Company
| Particulars | Details |
| Mutual Fund | HDFC Mutual Fund House |
| Asset Management Company (AMC) | HDFC Asset Management Limited Company |
| Vision | To be the most trusted and respected asset manager in the world, known for our commitment to excellence, innovation, and client service. |
| AMC Incorporated On | 10 December 1999 |
| Total AUM | ₹4,89,894 crores |
| Trustee Organisation Name | HDFC Trustee Company Ltd. |
| MD & CEO | Navneet Munot |
| Chief Information Officer (CIO) | Prashant Jain |
| Compliance Officer | Yezdi Khariwala |
| Top Fund Managers |
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| Funds Offered | 108 Mutual Fund Schemes
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| SIP Investment | – You can start investing in HDFC Mutual Fund Schemes with small amount through Systematic Investment Plan (SIP) strategy – SIP Frequency: Weekly/ monthly/ half-yearly/ annual frequency |
Documents Required for Investing in HDFC Mutual Fund
The documents required for investing in HDFC Mutual Fund are as follows:
| Documents Required | Details |
| ID Proof (any one) |
|
| Address Proof (any one) |
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| Mandatory Documents | KYC Form (to verify your identity and address) |
People Also Read: HDFC Life Flexi Cap Fund
How to Invest in HDFC Mutual Fund?
Follow the steps mentioned below to start investing in HDFC mutual funds:
Step 1: Set Your Investment Goals
Decide your goals, whether you are saving for retirement, a child's education, or a down payment on a house. Once you know your goals, you can start to choose the right mutual funds for you.
Step 2: Choose a Mutual Fund Scheme
There are many different mutual fund schemes available, so it is important to do your research and choose one that is right for your goals and risk tolerance.
Step 3: Complete the KYC Process
This is a one-time process that will verify your identity and address. You can complete the KYC process online or at an HDFC Bank branch.
Step 4: Open an Investment Account
You can open an investment account online or at a HDFC Bank branch.
Step 5: Make an Investment
You can invest in a mutual fund lump sum or through a Systematic Investment Plan (SIP). An SIP is a great way to invest regularly and build your wealth over time.
Types of Funds
How to Calculate Your Returns from HDFC Mutual Fund Investments?
To simplify your HDFC mutual fund returns calculation through a Systematic Investment Plan (SIP), you can use the Policybazaar SIP calculator.
To use this calculator, you need to enter the following information:
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The mutual fund scheme you want to invest in
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The amount you want to invest each month
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The number of years you want to invest for
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The expected rate of return
The SIP calculator will then estimate the total amount of money you will have at the end of the investment period.
A mutual fund calculator is also a fast and hassle-free tool to estimate your returns from the investments in HDFC Mutual Fund.
FAQ's
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Is HDFC mutual fund tax-free?
Not all HDFC mutual funds are tax-free. Some of the HDFC mutual funds i.e. Equity Linked Savings Scheme (ELSS) funds offer tax benefits, which are as follows:-
HDFC Tax Saver Fund
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HDFC Equity & Tax Saving Fund
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HDFC Long Term Advantage Fund
The ULIP Funds (Unit Linked Insurance Plan) like HDFC Life Opportunities Fund and HDFC Bluechip Fund also provide several tax benefits under Section 80C and Section 10(10D) of the Income Tax Act, 1961.
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Which is the best HDFC Mutual Fund?
The best HDFC Mutual Fund depends on your investment goals and risk appetite. Some of the top-performing HDFC Mutual Funds are as follows:-
HDFC Mid-Cap Opportunities Fund
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HDFC Flexi Cap Fund
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HDFC Balanced Advantage Fund
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HDFC Index Fund Nifty 50 Plan
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HDFC Tax-saver Fund
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Is HDFC Mutual Fund a good investment?
HDFC Mutual Fund is one of the largest and most trusted mutual fund companies in India. Some of the factors that make HDFC Mutual Fund a good investment option include:-
Strong track record of performance
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Wide range of funds to choose from
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Experienced fund managers
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Transparent and robust investment process
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Low fees
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What is the return of HDFC Mutual Fund for 5 years?
The 5-year returns of HDFC Mutual Fund vary depending on the fund. Some of the top-performing HDFC Mutual Funds in the past 5 years include:-
HDFC Mid-Cap Opportunities Fund: 18.91%
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HDFC Short Term Debt Fund: 6.74%
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HDFC Retirement Savings Fund - Equity Plan: 19.00%
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HDFC Dynamic PE Ratio FoF: 10.76%
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Which type of HDFC MF gives the highest return?
The type of HDFC Mutual Fund that gives the highest return will vary depending on the market conditions and the time period being considered. However, some of the HDFC Mutual Funds that have consistently delivered good returns over the long term include:-
HDFC Top 100 Fund
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HDFC Flexi Cap Fund
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HDFC Mid-Cap Opportunities Fund
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HDFC Small Cap Fund
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*All savings 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
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
†Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. The sorting is based on past 10 years’ fund performance (Fund Data Source: Value Research). For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.
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