HDFC Mutual Fund

HDFC Asset Management Company Limited (HDFC AMC) is one of the largest asset management companies in India. It is a subsidiary of Housing Development Finance Corporation (HDFC) and was established in 1999. The company offers a wide range of investment products and services, including mutual funds, portfolio management services, and alternative investment funds. HDFC AMC has a diversified product portfolio which includes equity, fixed income, and balanced funds. The company has a strong focus on risk management and is committed to delivering consistent and long-term returns to its investors. HDFC AMC has a strong distribution network, which allows them to reach a wide range of customers across India. Additionally, the company has a team of experienced and professional fund managers who are responsible for managing the funds and delivering superior returns to the investors.
Total Asset under Management (AUM) of HDFC AMC is ₹6.2L Cr which is 11.7% of the total AUM managed by 58 other amcs in India. It's AUM rank is 5/43. Total number of schemes are 70 out of which 31 are Equity, 23 are Debt and 14 are hybrid. It's 70 schemes are managed by 29 fund managers.

HDFC Mutual Fund Key Information

Total AUM of HDFC Asset Management Co Ltd
₹621043.6Cr Cr
AUM growth
(between Dec'23 - Jan'24)
+ ₹37.26K Cr
Total Number of Funds by HDFC Asset Management Co Ltd
70
Number of Fund Managers
29

Best HDFC Mutual Funds

  • Equity Funds
  • Debt Funds
  • Hybrid Funds
1Y return
Management Team
Mr. Navneet Munot
CEO
Mr. Navneet Munot
Chief Investment Officer
Ms Supriya Sapre
Chief Compliance Officer
HDFC SIP Calculator
Explore Amc
Share price 28-Feb-2024
HDFC Asset Management Company Ltd (HDFCAMC)
Related to HDFC Asset Management Company Limited
₹3880.9
▼-1.57%

How to Invest in HDFC Mutual Fund

Eligibility:

 

In order to invest in HDFC Mutual Fund schemes you must fulfill either of the following eligibility criteria:

  • Must be Individuals of 18 years and above with having their domicile in India.

     

  • Indian Partnership Firms and Hindu Undivided Family (HUF) must be represented by the Karta.

     

  • Non-Resident Indians (NRIs) or Persons of Indian Origin (PIOs) must have the approval of the Reserve Bank of India (RBI).

     

  • Association of Person (AOP) /Body of Individuals (BOI), Public Sector Undertakings, Body Corporates, and societies, must be authorized as under the Societies Registration Act, 1860

     

  • Religious, charitable, and private trusts, must adhere to the provision of the Income Tax Act, 1961 read with the Income Tax Rules, 1962

     

  • Trustee of private trusts, must have been permitted to contribute to the mutual fund schemes as per their trust deed.

     

    Prerequisite Documentation:

     

  • The applicant must have an existing bank account.

  • The applicant must be KYC Compliant.

  • The applicant’s Savings Bank Account status must be preferably Single or Either/Survivor.

  • The applicant must sign the Account Opening Application Form in case he intends to invest directly through a Bank account.

     

Investing in HDFC Mutual Fund via INDmoney:

Investing in HDFC Mutual Fund schemes through INDmoney is a seamless and cost-effective process designed with you in mind.

 

Here's how you can get started:

 

Step 1: Set Up Your INDmoney Account: To begin, make sure you have an active INDmoney account. If not, download the INDmoney app for a smooth onboarding experience.

 

Step 2: Complete Your KYC: Log in or sign in to your INDmoney account and complete the KYC process. Ensure you have valid documents like your PAN card, Aadhaar card, Voter ID, or driving license handy.

 

Step 3: Link Your Bank Account: Connect your bank account to your INDmoney account for easy transactions.

 

Step 4: Select Your Preferred Mutual Fund Scheme: Browse and choose from a range of HDFC Mutual Fund schemes. INDmoney provides comprehensive tools to help you compare schemes, considering factors like risk-return ratio and past market trends.

 

Step 5: Choose Your Payment Method: Decide whether you want to invest through a Systematic Investment Plan (SIP) or a one-time lump sum amount. Rest assured, INDmoney does not charge you any transaction fees, ensuring a cost-effective investment experience.

 

Step 6: Receive Your Mutual Fund Units: After your investment, you'll be allocated HDFC Mutual Fund units based on your chosen scheme, investment amount, and the Net Asset Value (NAV) at the cut-off time. This typically takes 3-4 working days.

Points to consider before Investing in HDFC Mutual Funds

Before diving into HDFC Mutual Funds, consider these crucial points to make informed investment decisions:

 

Diversification for Optimal Returns: Strike a balance between overly diversified and too-concentrated funds. Look for schemes that promise long-term returns across a wide spectrum of options.

 

Align Investments with Goals, Not Trends: Base your investment choices on your financial goals, not fleeting market trends. Choose a scheme that matches your desired investment duration and financial objectives.

 

Beat Inflation with Returns: Ensure that the chosen plan has the potential to outpace inflation in the future. Some high-return funds might not effectively counter the impact of inflation, considering the time-value of money.

 

Liquidity for Short-Term Gains: If considering short-term investments, opt for plans with high liquidity and easy withdrawal options. Be cautious about funds that come with exit loads, as they could eat into your gains.

 

Assess Risk Tolerance: Evaluate your risk tolerance carefully. Stay vigilant about market fluctuations to avoid potential losses when investing in any HDFC Mutual Fund scheme.

 

Tax-Efficient Investing with ELSS: For those looking to minimize tax liabilities, explore tax-advantaged funds like ELSS mutual funds. These can help you stay clear of higher tax brackets while investing.

 

Additionally, with the simplicity of Systematic Investment Plans (SIPs), you can invest your funds effortlessly at intervals that suit you—be it monthly, quarterly, or annually. Remember to review and adjust your SIP plan in line with your financial commitments and goals. This way, you can navigate the investment landscape, even in volatile market conditions, ensuring your investments stay on track.

Frequently Asked Questions

You can invest in HDFC AMC Ltd in a few simple steps through INDmoney by clicking on the HDFC AMC page and select the most suitable funds from there. You can benefit from in-depth insights that we provide or you can also invest in HDFC AMC Ltd directly by visiting the official website as well.
The HDFC Mutual Fund allows its investors to be able to pause their SIPs for a maximum tenure of 3 months. In case if you have directly invested in the funds, you need to also fill out the SIP pause form online on the host website and also specify the intended time- period you wish to pause your SIPs. On the expiry of the time period, the SIP shall continue automatically
You can calculate the Daily/ Weekly/ Monthly/ Quarterly SIP Amount for all HDFC Mutual Funds using INDMoney’s HDFC SIP Calculator
You can directly withdraw the amount invested in any scheme of HDFC Investment Managers (India) Private Limited Limited through the INDmoney app by visiting the scheme's page and clicking on the Redeem button. After submitting the request, the amount will be credited to your bank account within a few days. If you prefer the offline mode, you would have to visit the nearest branch and submit the redemption form. You can also redeem your investment by going to the official website of the HDFC Investment Managers (India) Private Limited Limited and signing in with the folio number.
You can increase the SIP amount by choosing the step-up option available for each scheme. A step-up or top-up SIP option automatically increases the SIP amount by a predetermined sum in a given period. Or you could choose to increase the SIP amount by following the given steps below: 1. Login 2. Go to Investments 3. Go to my mutual funds 4. Select a fund 5. Invest More