HDFC Mutual Fund

Overview of HDFC Mutual Fund

HDFC Mutual Fund is one of the biggest Asset Management Companies (AMCs) operating presently in India. It has a host of schemes - from equity to debt to hybrid - to its name. Since the inception of its first scheme in 2000, HDFC Mutual Fund just concentrated on achieving one objective - to generate consistent performance across categories. Vision of the AMC is to be a dominant mutual fund player industry and also being identified for its extraordinary levels of professional conduct and works only towards augmenting the investors’ interests. HDFC Asset Management Company Ltd. was formed under the Companies Act, 1956, on December 10, 1999, and was conformed to act an Asset Management Company for the HDFC Mutual Fund by SEBI vide its letter dated July 3, 2000.  

Equity Funds

There are a plethora of equity mutual schemes under HDFC Mutual Fund which has been furnishing investors with good returns over a long investment horizon. Investors can choose from - large cap, mid cap, small cap, multi cap, sector funds and much more - according to their investment goals. Following are the list of equity schemes that HDFC manges: 

HDFC Top 100 Fund

This is an open-ended equity scheme which invests predominantly in stocks of large cap companies. Investment objective of the scheme is to generate long-term capital appreciation. Large cap companies are those companies that are recognized as top 100 companies based on its market capitalization. Risk associated with this scheme is moderately high. So, investors whose risk is aligned with the aforementioned risk should  invest in these funds.

HDFC Mid-Cap Opportunities Fund

As the name suggests, the fund invests in mid cap companies with promising growth potential, financially strong and sustainable business models. It is meant for investors seeking long-term capital appreciation and want to have a taste of investing in mid cap companies. The risk profile of this equity funds, as pointed out by the riskometer, is moderately high.    

HDFC Equity Fund

If you want to take a dive into companies with a market capitalization of all sorts from large cap to mid cap to small cap, HDFC Equity fund is the way to go. Its multi cap nature offers diversity to the fund, which in turn minimizes the risk and also gives room to make good returns. Risk profile as stated by the riskometer is moderately high. It is suitable for investors with a long investment horizon and want to invest predominantly in equity and equity related instruments.

HDFC Focused 30 Fund

Focused 30 Fund by HDFC Mutual Fund is one of the best multi-cap scheme options available in the Indian Mutual Fund Industry. It invest in a maximum of 30 companies across different market capitalization categories (i.e. large cap, mid cap and multi cap). Investors with a long term investment horizon who want to generate decent wealth, can invest in the HDFC Focused 30 Fund. The fund is actively managed by super efficient and highly qualified fund managers, Mr. Vinay R. Kulkarni and Mr. Amar Kalkundrikar.

HDFC Taxsaver Fund

Benefits of investing in this funds are two fold - wealth creation and tax benefit. This is the Equity Linked Savings Scheme by HDFC Mutual Fund, which provides a deduction   
of upto 15 lakh from gross total income from investments under 80C of the Income Tax Act 1961. The fund invests aims to invest in 80-100% of their corpus in equity and equity related instruments (mostly in the stocks of large cap and mid cap companies). So if you're planning to save some tax, HDFC TaxSaver Fund should do the job, managed by extremely experienced fund managers, Mr. Vinay R. Kulkarni and Mr. Amar Kalkundrikar.     

HDFC Capital Builder Value Fund

This fund is an open-ended equity scheme which invests in undervalued stocks. Now what is undervalued stocks? These are stocks that are sold at a price which is less than their intrinsic value. Fund managers, Mr. Miten Lathia and Mr. Amar Kalkundrikar, choose these stocks based on potential earnings or future growth. The scheme has to maintain a minimum of 50% equity stock in its portfolio. Investment seeking capital appreciation in the long run with a moderate risk profile can go for HDFC Capital Builder Value Fund.    

HDFC Small Cap Fund

As the name suggests, the fund invests in the stocks of companies who rank lower than 250 based on their market capitalization. These companies are called small cap companies. They show exponential growth prospects during bullish runs. HDFC Small Cap scheme follows a minimum 65% exposure to small cap stocks which gives room for exposure to other equity and equity related instruments. So investors seeking decent returns from their investment and at the same time willing to high risk, HDFC Small Cap Fund is your avenue. 

HDFC Growth Opportunities Fund

Mid cap and large cap stocks is this fund’s main are of investment. It invests in large cap and mid cap companies that enjoy unique competitive advantages, have financial robustness and have managed to trade at attractive valuation price. Investment in two different market capitalization categories gives the fund diversity, which helps in balancing the risk. Speaking of risk, the risk profile of the fund is moderately high. So investors who can stomach a high risk and want to generate good returns, can have their eyes on HDFC Growth Opportunities Fund.

HDFC Infrastructure Fund

You would have guessed it from the name - It is a sector mutual fund which invests in the Infrastructure sector. This means it can only invest in the stocks of companies associated with the infrastructure business like asset creators (construction companies), asset financiers (banks & infrastructure financing companies) and asset owners (companies which own infrastructure projects). Investors with a deep knowledge about the infrastructure segment in India should invest in these funds because they can predict how the future is going to be for the infrastructure industry. If all is well, it can generate promising returns. 

Debt Funds

HDFC has a host of well-performing debt funds under its name which has managed to generate good returns for the investors in the short-run. All kinds of funds are available that invest in a variety of securities like debt and money market instruments. Let’s have a look at these. 

HDFC Credit Risk Debt Fund

It is an open-ended debt scheme that invests in AA and below rated corporate bonds. 65% of the fund’s corpus has to be invested in bonds. HDFC AMC does a thorough investment, management research before and  

Hybrid Funds

HDFC Retirement Savings Fund - Equity Plan

The funds comes under the category of aggressive funds, meaning they have exposure to both equity and debt. Since this is a fund high on equity, obviously, the exposure to equity is more in comparison to debt. It is suitable for investors who want to accumulate wealth over the long run and at the same time generate regular income. Relatively higher exposure to equity makes the fund a moderately high risk option. This fund is good for investors who are looking to generate a retirement corpus.

HDFC Retirement Savings Fund - Debt Plan

This fund is the reverse of the above mentioned fund. They both invest in equity and debt, but this particular fund is  heavy on the debt component as compared to equity. 70-95% portfolio of HDFC Retirement Savings Fund comprises of investments in debt and money market instruments. The aim here is to generate steady returns in the long haul with minimum level of risk. Investors with relatively low risk appetite can opt to invest in this fund to meet their retirement requirements. 

HDFC Hybrid Equity Fund

The strategy of the scheme is to invest 65-80% of their corpus in the stocks of large cap, mid cap and small cap stocks, and the rest in debt. Companies with a strong financial base, sustainable business models and growth prospects, will be included in the portfolio of this fund to generate long-term capital appreciation. On the other hand, debt securities inclusion will be based on credit quality, liquidity and interest rates. Investors with a moderately high risk appetite should invest in this fund.

HDFC Hybrid Debt Fund 

This is a conservative hybrid fund which is heavy on the debt component. 75-90% of its portfolio comprises of investments made in debt and money market instruments. Conseravtive nature of this fund is due to its exposure to debt instruments. This fund is a great option to generate long term appreciation due to its moderate equity exposure. It is managed by some really amazing fund manager who have years of experience to back them - Mr. Prashant Jain & Mr. Shobhit Mehrotra.

HDFC Balanced Advantage Fund

HDFC Balanced Advantage Fund is one of the best balanced funds in the mutual fund market with the perfect mix of equity and debt. Fund managers, Mr. Prashant Jain & Mr. Amar Kalkundrikar, do the asset allocation based on the prevailing market and economic conditions. The debt and equity mixture is done based on interest rates, equity valuations and risk management. 

HDFC Equity Savings Fund

This scheme invests in three types of instruments - debt, equity and arbitrage. Atleast 65% of the corpus will be invested in equity and arbitrage instruments. A suggestive investment period of 18-24 months is required to generate the capital appreciation that the investor is seeking. Investors with a moderately high risk profile should fo forward and invest in these funds.

HDFC Multi Asset Fund

The name pretty much sums it all. It is a type of equity fund that invests in multiple assets such as - equity, debt, money market instruments and gold. Diversified investments brings down the overall risk. Exposure to gold will involve investments in Gold, Gold Exchange Traded Funds (ETFs) and Gold related instruments like sovereign bonds, derivatives and more. The aim of the fund is to generate capital appreciation in the long run. That is why a suggestive investment period of more than 3 years is required.

HDFC Dynamic PE Ratio Fund of Funds

It is an open-ended Fund of Fund scheme that invest both in equity and debt schemes of HDFC Mutual Fund. Investing in a Fund of Funds (FOF) means investing directly in schemes, which invests in a variety of stocks. Scheme asset allocation of debt and equity is done according to the 1 year forward PE Ratio based on the Bloomberg Consensus estimate of NIFTY 50. Motive of the scheme is to generate capital appreciation over a long term investment horizon, which is, more than 3 years.

HDFC Arbitrage Wholesale Fund

It is a type of Arbitrage mutual fund. This fund is meant for those investors who want to make the most out of volatile markets without taking too much risk. Thus, the risk of investing in this fund is moderately low. 

What is HDFC Mutual Fund NAV?

Net Asset Value (NAV) is a popular term used in mutual fund investments. It’s actually the market value of underlying securities that vary daily based on the quantity and quality of trading. The NAV is calculated by subtracting the debts from the assets of a fund. The resultant sum is then divided by the numbHDFC Mutual Fund is one of the biggest Asset Management Companies (AMCs) 
er of outstanding units to arrive at NAV. While the assets comprise of securities and liquid cash, the debt portion includes the accrued expenses, registrar fees, administration charges, distributor commission, etc. 

How to Check HDFC Mutual Fund Performance?

The performance of a mutual fund can be determined by the returns provided by it to the investors over a period of time. You can thus check the returns online and be aware of the performance pertaining to HDFC MF schemes.

Board of Directors of HDFC Asset Management Company Ltd.

Here’s a list of all the eminent Board of Directors who have gotten HDFC Mutual Fund where it stands today:

• Mr. Deepak S. Parekh (Non-Executive Director and Chairman)
• Mr. N. Keith Skeoch (Non-Executive Director)
• Mr. Keki Mistry (Non-Executive Director)
• Mr. James Aird (Non-Executive Director)
• Mr. Sanjay Bhandarkar (Independent Director)
• Mr. Dhruv Subodh Kaji (Independent Director)
• Mr. Hoshang S. Billimoria (Independent Director)
• Mr. Jairaj Purandare (Independent Director)
• Mr. Parag Shah (Independent Director)
• Ms. Renu S. Karnad (Non-Executive Director)
• Ms. Roshni Nadar Malhotra (Non-Executive Director)
• Mr. Milind Barve (Managing Director)

Fund Managers 

Fund Manager the guardians of the schemes that hand pick securities that are r

• Mr. Shobhit Mehrotra (Senior Fund Manager and Head of Credit)
• Mr. Vinay R. Kulkarni (Senior Fund Manager)
• Mr. Anil Bamboli (Senior Fund Manager)
• Mr. Chirag Setalvad (Senior Fund Manager)
• Mr. Srinivas Rao Ravuri (Senior Fund Manager)
• Mr. Rakesh Vyas (Dedicated Fund Manager for Overseas Investments)
• Mr. Miten Lathia (Fund Manager)
• Mr. Krishan Kumar Daga (Senior Fund Manager)
• Mr. Anupam Joshi (Fund Manager- Fixed Income)

Disclaimer - Mutual fund investments are subject to market risks. Please read the scheme related documents carefully before investing.