The HDFC Asset Management Company has been a leading AMC in India for many years now. It is regulated by the Housing Development Finance Corporation Bank. Countless investors have invested in multiple investment options offered by the HDFC Mutual Fund Schemes for the past decades. HDFC Mutual Fund has been trying its best to cater to investors from all financial backgrounds. They aim to help you reach almost every financial goal of yours, be it long-term, short-term, tax-saving, retirement or anything else. Majority of HDFC Mutual Funds are rated highly amongst peers and have yielded impressive returns over the years. Investors from all walks of life have a choice in risk profile and asset classes.
Why Choose HDFC Mutual Fund Schemes?
- Good Ratings: Several schemes of HDFC have a CRISIL rating of 3 or above.
- Options: There is a wide range of options to choose from while investing in HDFC Mutual funds.
- Tax Exemption: Some schemes of HDFC Mutual Funds offer exciting tax benefits to investors.
- Caters to the Investor’s needs: HDFC has something for everybody. They have products that will suit every type of investor. The funds range from short-term to long-term and closed-ended funds to open-ended funds. They also have schemes with low, medium and high risk.
Best HDFC Mutual Funds
|Sl. No.||Fund||Min Investment||Min SIP||Risk||3 months return||6 months return||1 Year return||3 Years return||5 Years Return|
|1.||HDFC Corporate Bond Fund||5000||500||Moderately Low||2.5%||4.4%||11.6%||8.3%||8.6%|
|2.||HDFC Banking and PSU Debt Fund||5000||500||Moderately Low||2.4%||5%||11.6%||8.1%||8.7%|
|3.||HDFC Credit Risk Debt Fund||5000||500||Moderate||2.5%||5.4%||10.7%||7.4%||8.2%|
|4.||HDFC Hybrid Debt Fund||5000||500||Moderately High||0.2%||3.9%||7.1%||5.4%||6.3%|
|5.||HDFC Balanced Advanced Fund||5000||500||Moderately High||2.9%||-1.2%||3.1%||16.6%||15.5%|
|6.||HDFC Equity Savings Fund||5000||500||Moderately High||-2.4%||1.4%||2.8%||4.8%||7%|
|7.||HDFC Small Cap Fund||5000||500||Moderately High||-3.5%||0||-10.8%||5.3%||7.3%|
|8.||HDFC Medium Term Debt Fund||5000||500||Moderate||2.9%||5.2%||11.3%||7.6%||8%|
|9.||HDFC Short Term Debt Fund||5000||500||Moderately Low||2.4%||4.9||10.9%||8.1%||8.4%|
|10.||HDFC Gilt Fund||5000||500||Moderate||3%||4.4||10.9%||7.1%||7.5%|
HDFC Corporate Bond Fund
HDFC Corporate Bond Fund is a type of Debt-Corporate fund. It has moderately low risk and provides a CAGR/ Annualized return of 8.9% ever since its launch. It has been ranked second in the Corporate Bond category. The returns for 2019, 2018 and 2017 were 10.3%, 6.5% and 6.5%. This fund is ideal for generating regular income via investments in Debt/ Money Market Instruments and Government Securities with a maturity period of up to 60 months.
HDFC Banking and PSU Debt Fund
The HDFC Banking and PSU Debt Fund was launched on 26th March 2014 and is a Debt Banking and PSU Debt fund. It has moderately low risk and generates a CAGR/ Annualized return of 8.8% since being launched. It is ranked 6 in the Banking and PSU debt category. The returns for 2019, 2018 and 2017 were 10.2%, 5.9% and 6.3%. This Mutual fund generates revenue regularly through investments made in debt and money market instruments. These consist of securities issued by Scheduled Commercial Banks and Public Sector undertakings. You will have no assurance that the investment objective of this scheme will be realized.
HDFC Credit Risk Debt Fund
HDFC Credit Risk Debt Fund is ideal for generating regular income and capital appreciation. It predominantly invests in corporate debts. This is a Debt – Credit Risk fund and was launched on 25th March 2014. It has moderate risk and has generated a CAGR/ Annualized return of 8.9%. It has a rank of 9 in the Credit Risk category. Its returns for the years 2019, 2018 and 2017 were 8.6%, 5.4%, and 6.6% respectively.
HDFC Hybrid Debt Fund
The primary aim of this scheme is to generate regular returns via investments in Debt and Money Market instruments. Another objective is generating long-term capital appreciation by investing a part of the scheme’s assets in equity and equity-related instruments. But there is no assurance that the investment objective will be achieved. This is a hybrid debt fund and was launched on 26th December 2003. It has a moderately high risk and generates a CAGR/ Annualized return of 10.1% since being launched. It is ranked 16 in the Hybrid Debt category. The returns for 2019, 2018 and 2017 were 6.6%, 0.6% and 10.8% respectively.
HDFC Balanced Advantage Fund
This fund works to provide a long term capital appreciation from a portfolio that is invested in equity and equity-related instruments. HDFC Balanced Advantage Fund falls under the category of Hybrid Dynamic Allocation funds and was brought into practice on 11th September 2000. It has a moderately high risk and generates a CAGR/ Annualized return of 17.2% since being launched. It is ranked 23 in the category of Dynamic Allocation.
HDFC Equity Savings Fund
HDFC Equity Savings Fund is a type of Hybrid Equity Savings fund and was launched on 17th September 2004. This scheme provides capital appreciation and income distribution to the investors via investments in equity/ equity related instruments and debt/ money market instruments. It has a moderately high risk and generates a CAGR/ Annualized return of 8.7% since being launched. It is ranked 12 in the Equity Savings category. The returns for 2019, 2018 and 2017 were 5.8%, 0.9% and 16.5% respectively.
HDFC Small Cap Fund
This scheme creates long-term capital appreciation by investing in small-cap and mid-cap companies. HDFC small-cap fund is an equity small-cap fund and was launched on 3rd April 2008. This is a fund with moderately high risk and has generated a CAGR/ Annualized return of 11.6% since being launched. It is ranked 9 in the small-cap category. The returns for 2019, 2018 and 2017 were -9.5%, -8.1% and 60.8% respectively.
HDFC Medium Term Debt Fund
The objective of this is to create revenue via investments in a range of debt and money market instruments of several maturity dates. They have an objective of maximizing income but maintaining the optimum balance of yield, safety, and security at the same time. This scheme caters to the needs of the investors with shorter investment terms and provides stable returns over shorter terms. It was launched on 6th Feb 2002. It has moderate risk and gives a CAGR/ Annualized return of 8% since the launch and also, ranked 22 in the Medium-term bond category. The returns for 2019, 2018 and 2017 were 9.1%, 5.6% and 5.5% respectively.
HDFC Short Term Debt Fund
This scheme provides regular income by making investments in Debt/ Money Market Instruments and Government Securities with maturities up to 36 months. It was launched on 25th June 2010. This fund has moderately low risk and generates a CAGR/ Annualized return of 8.8% since its launch and also, is ranked 30 in Short term Bond category. The returns for 2019, 2018 and 2017 were 9.7%, 7% and 6.5% respectively.
HDFC Gilt Fund
This scheme gives credit risk-free returns by investing in sovereign securities issued by Central and/ or State Governments. It was launched on 25th July 2001. This is a fund with moderate risk and generates a CAGR/ Annualized return of 7.8% since being launched. It is ranked 7 in the Government Bond category. The returns for 2019, 2018 and 2017 were 8.6%, 5.4% and 1.8% respectively.
How to apply for HDFC Mutual Fund Schemes Online?
- Register yourself at the official website of HDFC or any of its partner websites and complete your KYC.
- Upload the required documents (ID proof and residential proof) like PAN, Aadhar, ration card, etc.
- Select the fund and enter the amount you want to invest. You also need to specify how you want to invest- monthly, quarterly, annually, etc.
- Fill in your personal information in their respective columns.
- Pay online by card or Net Banking.
Documents Required for Investing in HDFC Mutual Fund:
Here is the official list of documents that can be used for identity and address verification of an individual:
- Identity Proof:
- Aadhar Card
- PAN Card
- Driving License
- Address Proof:
- Aadhar Card
- Driving License
- Recent Utility Bill
- Rental/ Lease Agreement