HDFC Equity Fund(G)

Investment Amount for HDFC Equity Fund - Growth Option

Asset Allocation for HDFC Equity Fund - Growth Option

Who can invest in HDFC Equity Fund - Growth Option

The following entities can invest in HDFC Equity Fund - Growth Option:

1. Resident Indians, either singly or jointly (not more than three)
2. Non-Resident Indians (NRIs)
3. Karta of Hindu Undivided Families (HUFs)
4. Parent or guardian investing on behalf of minors
5. Foreign Portfolio Investors registered with SEBI
6. Limited Liability Partnerships and Partnership Firms
7. Council of Scientific and Industrial Research, India
8. Foreign Portfolio Investors registered with SEBI
9. Association of person, bodies of individuals, societies registered under the Societies Registration Act, 1860
10. Army, Navy, Air Force and other paramilitary units
11. Companies and Public Sector Undertakings
12. Alternative Investment Funds and Mutual Funds registered with SEBI
13. Sponsor, Trustee, and their associates have the option to subscribe to units from time to time

NAV Disclosure and Benchmark for HDFC Equity Fund - Growth Option

The Asset Management Company will disclose the NAV of the scheme at the end of every business day and shall the send the same for publication in at least two daily newspapers. The NAV will be updated on the mutual fund website and also on the AMFI website. The NAV will be updated on the AMFI website and the mutual fund website before 9:00 p.m. every business day. Any delays in disclosing the same will have to be explained to the AMC in writing.

HDFC Equity Fund - Growth Option Fund Manager

Prashant Jain is the fund manager of the scheme and has been managing the scheme for more 14 years. Rakesh Vyas is the fund manager for overseas investments on the scheme.

Investment Restrictions of HDFC Equity Fund - Growth Option

Some of the investment restrictions of the scheme have been listed below:

1. More than 10% of the NAV of the scheme may not be invested in debt instruments that comprise both money and non-money market instruments that have been issued by a single issuer. Investments of this type can be extended to 12% provided prior approval has been provided by the Board of Directors and the Board of Trustees of the fund company.
2. Transactions that relate to Government Securities will be done by the mutual fund only in dematerialised form.
3. Investments made by the scheme in unrated debt instruments issued by a single issuer shall not exceed more than 10% of the NAV of the scheme. The total investment in such instruments should not be more than 25% of the NAV.
4. More than 10% of any company's paid up capital carrying voting rights may not be owned by the mutual fund under any of its schemes.
5. If the investments are meant to be long term in nature, securities can be transferred or purchased by the mutual fund on account of the scheme.
6. Investments shall be made by the mutual fund in other schemes without charging any fees. This is allowed only if investments do not exceed more than 5% of the NAV of the mutual fund.
7. There is an option available to transfer investments from one scheme to another. This is however subject to certain terms and conditions.
8. Investments may be made by the scheme in another scheme under the same Asset Management Company or any other mutual fund without charging any amount. This is provided that the investments don't exceed more than 5% of the NAV of the fund.

Dividend Policy of HDFC Equity Fund - Growth Option

Other Facilities under HDFC Equity Fund - Growth Option include:

1. One Time Mandate (OTM) - This option gives the unitholders an option to make transactions in the scheme by submitting a one-time mandate registration form. This is the process in which the unitholder provides their bank the authority to debit their account up to a specified limit. The transaction can be taken care of by the unitholder without a fund transfer letter or submitting a cheque. This facility can be availed by all the unitholders who have provided a folio number by the Asset Management Company
2. HDFC FLEXINDEX Plan - This option is given to all the unitholders that have their units of liquid or debt schemes in non-demat form. Using this option, one can automatically transfer a fixed percentage of the amount registered in the source scheme to choose equity schemes on certain trigger dates that come before the completion of one year from the date of registration.
3. Automatic Trigger Facility - Unitholders that have their units in non-demat form may opt to switch or withdraw if the unit balance attains a minimum capital appreciation. Units can be redeemed when the balance reaches the desired value or after a specified amount of time.

Why should you invest in HDFC Equity Fund - Growth Option

HDFC Mutual Funds company believes in providing various products that cater to the different needs of the investors. The availability of products across various asset classes provides the investors the option to invest based on their risk taking capacity and the investment objectives they wish to achieve.

GST rate of 18% applicable for all financial services effective July 1, 2017.