HDFC Equity Fund(D)-Direct Plan

HDFC Equity Fund(D)-Direct Plan
Dividend Yearly
5.93  (As on 20-03-2019)
Category
Equity - Multi Cap
52-week NAV high
113.95  (As on 04-07-2019)
52-week NAV low
96.18  (As on 18-02-2019)
Expense
1.21%  (As on 30-11-2019)

Performance

1 mnth 3 mnth 6 mnth 1 yr 2 yr 3 yr 4 yr 5 yr 10 yr
Fund Returns -1.43 4.43 -4.52 6.88 1.90 11.01 11.75 7.81 -
Scheme Details
Fund Type
Open Ended
Investment Plan
Dividend
Bonus
0
Launch Date
Dec 31, 2012
Last Dividend
5.93
Minimum Investment
5000

HDFC Mutual Fund is a reliable mutual fund company managed by the HDFC Asset Management Company Limited since 2000. The first scheme of this company was rolled out in the year 2000 and since then it has been consistently providing lucrative investment solutions to the investors.

The HDFC Equity Fund is an open-ended equity scheme offered by the HDFC Mutual Fund. It has both direct and regular plan along with growth and dividend options under each plan. While the dividend plan offers regular income to the investors, the growth plan provides long-term capital appreciation. Investors who will opt for the dividend option will get both payout and reinvestment facilities.

Investment Objective of HDFC Equity Fund

The prime motto of this mutual fund scheme is to primarily invest in the equity and equity-linked securities of companies to generate regular income as well as capital appreciation for the investors.

Key Features of HDFC Equity Fund

The vital features of the HDFC Equity Fund which make it a profitable investment option for the investors are listed below:

Type of fund It is an open-ended equity scheme which chiefly invests in the stocks of companies to fulfil its investment objectives.
Plans available Regular and Direct
Options under each plan
  • Growth
  • Dividend
Risk Moderately High
Systematic Investment Plan Available
Systematic Transfer Plan Available
Systematic Withdrawal Plan Available

Investment Amount for HDFC Equity Fund

Minimum application amount Rs.5,000
Minimum additional investment Rs.1,000
Minimum Installment for Systematic Investment Plan (SIP)
  • Monthly - Rs.500
  • Quarterly - Rs.1,500
Entry Load Not Applicable
Exit Load
  • 1% - If the units of this scheme are switched out or redeemed before a period of 1 year from the date of allotment of the units.
  • Nil - If the units of this scheme are switched out or redeemed after a period of 1 year from the date of allotment.

Asset Allocation for HDFC Equity Fund

Type of Instruments Minimum Allocation (% of total assets) Maximum Allocation (% of Total Assets) Risk Profile
Equity and equity-linked instruments 65 100 High
Non-convertible preference shares 0 10 Low to Medium
Debt instruments including securitised debt and money market instruments 0 35 Low to Medium
Units issued by REITs and InvITs 0 10 Medium to High

NAV Disclosure and Benchmark for HDFC Equity Fund

NAV: The scheme’s Net Asset Value/NAV will be computed at the end of every working day and the final figure will be published in minimum two daily newspapers. The NAV will be disclosed on the official website of this mutual fund (www.hdfcfund.com) as well as on the AMFI website (www.amfiindia.com) before 9:00 p.m. every working day.

Liquidity: This being an open-ended scheme, the units can be sold, redeemed, and switched out on every business day at the applicable NAV prices of the particular day. Ideally, the investors will receive the redemption proceeds within 3-4 business days.

Benchmark Index: NIFTY 500 is the benchmark index for this fund based on which its performance will be evaluated. The additional benchmark index of this fund is NIFTY 50.

HDFC Equity Fund Manager

Mr. Prashant Jain (Executive Director and Chief Investment Officer) and Mr. Rakesh Vyas (Dedicated Fund Manager for Overseas Investment) are the managers of the scheme. While Mr. Prashant Jain has been successfully managing the scheme for more than 14 years, Mr. Rakesh Vyas has been handling the overseas investments of this scheme for more than 5 years.

Why should you invest in HDFC Equity Fund – Dividend?

Here are the reasons why you should consider investing in the HDFC Equity Fund:

  • Lucrative returns: Since this mutual fund scheme invests in the growth-oriented equity market, it has a high potential of yielding lucrative returns for the investors.
  • Multiple options: This scheme offers multiple investment options for the investors to choose as per their requirement. You will not only have the option of choosing between direct and regular plan but also choose any one option from the growth and dividend investment option.
  • Online investment: You can directly subscribe to the schemes of this fund online through its official website. When you opt for the direct plan of this scheme you will be able to invest in the desired scheme on your own without taking the help of any broker or distributor.
  • Regular income: This scheme will enable you to have a regular income at frequent intervals. You can either redeem your dividends or can reinvest them in any scheme of this fund for further returns.

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