HDFC Mutual Fund

Mutual Fund

HDFC Mutual Fund is a constituted pool of fund that collects the money from several investors to invest in equity or debt markets. When we talk about HDFC Mutual funds, we should first understand how it has been set up? HDFC Mutual Fund has been established as a trust as per the provisions of the Indian Trusts Act, 1882, in accordance with the terms of the trust deed dated June 8, 2000 with Housing Development Finance Corporation Limited(HDFC) and Standard Life Investments Limited as the Sponsors/Settlors and HDFC Trustee Company Limited, as the Trustee. The registeration of the Trust Deed has been done under the Indian Registration Act,1908. SEBI registers the mutual fund under the registeration code MF/044/00/6 on June 30, 2000.

HDFC Asset Management Company Ltd(AMC) 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.

In accordance with the Investment Management Agreement, the Trustee has authorized the HDFC Asset Management Company Limited to administer the Mutual Fund. The Quarterly Average AUM of HDFC Mutual Fund as on 30 Jun 2016 is Rs.1,93,093.15.

Minimum InvestmentMonthly SIP Installment : Rs. 500, Quarterly SIP Installment : Rs. 1500
Minimum Application AmountMonthly frequency : Rs. 500, Quarterly frequency : Rs. 1500
Number of Schemes(in broad category)12
Exchange ListedBSE/NSE
Nature of SchemeOpen Ended, Close Ended
Quarterly Average Assets Under Management (as on June 2016)Rs. 149092.70 crore
Entry LoadNil
Exit Load1% payable if Units are redeemed/switched-out within one year from the date of allotment. No Exit Load if Units are redeemed/switched-out after one year from the date of allotment
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NAV1-Year Return AUM (in Rs. Crores)Expense RatioEntry Load
HDFC Balanced Fund -GrowthRs 125.0113.45%7391.441.99%NIL
HDFC Balanced Fund -Dividend Quarterly
Rs 28.9813.45%7391.44

1.99% NIL
HDFC Top 200 Fund -GrowthRs 376.2811.43%12930.042.06% NIL
HDFC Top 200 Fund -DividendRs 51.2011.43%12,930.042.06%NIL
HDFC Taxsaver Fund -GrowthRs 429.7710.73%5241.932.17%NIL
HDFC Taxsaver Fund -DividendRs 61.6810.73%5241.932.17%NIL
HDFC Short Term Fund -GrowthRs 31.3810.11%3584.321.66%NIL
HDFC Short Term Fund -Dividend
Rs 12.14
10.11%3584.321.66% NIL
HDFC Short Term Opportunities Fund -Growth
Rs 17.449.03%7718.620.36%NIL
HDFC Short Term Opportunities Fund – DividendRs 11.739.03%7718.620.36%NIL

Note: Information Sourced as on 21st October 2016


How to Subscribe for MF Schemes of HDFC Mutual Fund?

You have the privilege to purchase your HDFC Mutual fund schemes either through offline or online mode. Let us discuss both ways:

Offline Mode
Step 1: Consult our HDFC brokers who will assist you in buying and selling of schemes. They will help you in opening your demat account and will take care of all your transactions on your behalf.

Online Mode
HDFC Mutual Fund has launched HDFCMFOnline, which allows you to transact online on 24 hours a day, 7 days a week, 365 days a year. With the help of HDFCMFOnline you can :

Step 1: Get engaged in purchasing the number of units of any HDFC Mutual Fund scheme
Step 2: Redeem the number of units
Step 3: Switch to other units of HDFC Mutual fund scheme
Step 4: Get yourself registered for Systematic Transactions(SIP / STP / FLEXINDEX / FLEXSTP)
Step 5: View your account details
Step 6: View your portfolio valuation
Step 7: Download your account statements Online!

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In order to fulfill the above online formalities, you need to get transacted in :

  • An existing folio
  • An email Id (which is registered in the folio)
  • HPIN (HDFC Personal Identification Number)

Don't lose the track of the stock market? Get it in your own fist. Get your HPIN today and with a click of a few buttons explore the new way of transacting with HDFC Mutual Fund!

By choosing HDFC Online, the more convenient method of transacting online helps you to stay away from paper work transactions which at times prove to be tedious and much time consuming.