HDFC Mutual Fund

Incorporated on the 10th of December, 1999, HDFC Asset Management Company Ltd. is among the most popular fund houses in India. The company offers an extensive range of mutual funds and is home to some of the most trustworthy fund managers who ensure that your hard-earned money is invested in the right schemes. Whether you seek growth funds, income funds, or even retirement funds, HDFC AMC Ltd. has it all. HDFC Mutual Fund launched its first scheme in the month of July 2000 and ever since it has been ambitious about offering a stable performance of funds across all the variants of schemes offered by it. The main vision of the HDFC Mutual Fund is to be a player of dominance in the mutual fund market of India. It offers high levels of professional and ethical conduct. It is committed towards the enhancement of the investors’ interests.

The HDFC Mutual Fund is managed by HDFC Asset Management Company (HDFC AMC) Limited. HDFC Trustee Company Limited is the trustee to the mutual fund. The HDFC Mutual Fund is sponsored by the Housing Development Finance Corporation Limited (HDFC Ltd.) and the Standard Life Investments Limited.

HDFC Mutual Fund Key Features and Advantages

The HDFC Mutual Fund is driven by their own investment philosophy. Based on their investment philosophy, the key features of the HDFC Mutual Fund can be listed as follows:

1. Profitable Investment: This is the most important factor that drives the HDFC Mutual Fund. It believes that the best way to invest profitably is to provide the investors with the chance to invest in the financial market profitably and reduce the tensions pertaining to the swings in the market.
2. Risk Control: HDFC Mutual Fund provides emphasis on the management and control of portfolio risks. This helps them to avoid chasing the latest trends and “fads”.
3. Detailed Analysis and Research: HDFC Mutual Fund believes that analysis and research are the keys to success in the financial market. Thus, it has set up a well-built infrastructure that helps them conduct the fundamental research. The researches are backed up by effective analysis.

HDFC Mutual Fund Account Statement:

The following steps are required to be followed in order to check the status of the account statement under the HDFC Mutual Fund online:

1. You need to visit the official website of the HDFC Mutual Fund at www.hdfcfund.com.
2. At the bottom of the home page, the website has 4 columns with a number of options.
3. Click on the ‘Account Statement’ option which is the last option of the third column.
4. On clicking the ‘Account Statement’ option, a new page will pop up. On this pop-up page, a list of 9 languages is provided. The languages provided are- English, Hindi, Bengali, Marathi, Malayalam, Kannada, Gujarati, Telugu, and Tamil. Select the check-box next to the language of your choice.
5. Once the language is selected, click on ‘I AGREE’ at the bottom of the page.
6. After this, you will be redirected to a new webpage under the heading- “Introduction to HDFC MF Multilingual Statement of Account”. Click on ‘Next’ at the bottom of the page.
7. You will be redirected to a new webpage where you have to provide your Folio information.
8. On the ‘Folio Information’ page, you will be required to provide your ‘Folio Number’ followed by your Permanent Account Number (PAN) or your Bank Account Number.
9. Type in the Captcha code provided in the box and click on ‘SUBMIT’.
10. After the submission of the details mentioned above, the user will be redirected to a new page. On this page, you will be required to provide the date range for which you want the account statement.
11. Once it is submitted successfully, you will receive an email containing your account statement on the email ID that you have registered with the HDFC Mutual Fund.

Types of Mutual Funds Offered by HDFC Asset Management Company

The following are the different kinds of mutual funds offered by HDFC Asset Management Company Ltd.:

• Equity/Growth Funds
• Debt/Income Funds
• Liquid Funds
• Children’s Gift Funds
• Retirement Savings Funds
• Fixed Maturity Plans
• Exchange Traded Funds
• Rajiv Gandhi Equity Savings Scheme
• Dual Advantage Funds
• Capital Protection Oriented Schemes
• Fund of Fund Schemes
• Annual Interval Fund – Series 1
• Cancer Cure Fund

Equity Funds Offered by HDFC Asset Management Company Ltd.

The following are the equity/growth funds offered by HDFC Asset Management Company Ltd.:

1. HDFC Housing Opportunities Fund – Series 1:

Fund Type	Close-ended thematic equity scheme
Entry Load	N/A
Exit Load	N/A
Benchmark	India Housing & Allied Business Index
Fund Manager	Srinivas Rao Ravuri and Rakesh Vyas
Risk Factor	High

Investment Objective of the HDFC Housing Opportunities Fund – Series 1

The investment objective of the HDFC Housing Opportunities Fund – Series 1 is to offer capital appreciation over the long term by making investments primarily in equity and equity-related instruments of companies that are involved in and/or forecast to benefit from growth in the housing sector and business activities associated with it.

Who is the HDFC Housing Opportunities Fund – Series 1 for?

The HDFC Housing Opportunities Fund – Series 1 offers both the regular as well as the direct option. The regular option is ideal for those who want to route their investment via any distributor, while the direct option is perfect for those who want to make investments directly rather than routing them via any distributor.

2. HDFC Equity Fund

Fund Type	Open-ended growth scheme
Entry Load	N/A
Exit Load	In case units are switched-out or redeemed within a year from the date on which they were allotted, an exit load of 1% will be applicable. In case units are switched-out or redeemed after a year from the date on which they were allotted, there will be no exit load.
Benchmark	Nifty 500
Fund Manager	Rakesh Vyas and Prashant Jain
Risk Factor	Moderately high

Investment Objective of the HDFC Equity Fund

The investment objective of the HDFC Equity Fund is to generate capital appreciation via investment in equities and equity-related instruments.

Who is the HDFC Equity Fund for?

The HDFC Equity Fund – Direct Plan is ideal for investors who subscribe for or purchase units in a scheme directly with the fund rather than those whose investments are routed via a distributor.

3. HDFC Top 100 Fund

Fund Type	Open-ended growth scheme
Entry Load	N/A
Exit Load	In case units are switched-out or redeemed within a year from the date on which they were allotted, an exit load of 1% will be applicable. In case units are switched-out or redeemed after a year from the date on which they were allotted, there will be no exit load.
Benchmark	S&P BSE 200
Fund Manager	Rakesh Vyas and Prashant Jain
Risk Factor	Moderately high

Investment Objective of HDFC Top 100 Fund

The investment objective of the HDFC Top 100 Fund is to generate capital appreciation in the long term by making investments in a portfolio comprising of equity and equity-related instruments of companies in the BSE 200 index.

Who is the HDFC Top 100 Fund for?

The HDFC Top 100 Fund is ideal for investors who look for long-term capital appreciation via investments in equity and equity-related instruments of companies in the S&P BSE 200 Index.

4. HDFC Mid-Cap Opportunities Fund

Fund Type	Open-ended equity scheme
Entry Load	N/A
Exit Load	In case units are switched-out or redeemed within a year from the date on which they were allotted, an exit load of 1% will be applicable. In case units are switched-out or redeemed after a year from the date on which they were allotted, there will be no exit load.
Benchmark	NIFTY Midcap 100
Fund Manager	Rakesh Vyas and Chirag Setalvad
Risk Factor	Moderately high

Investment Objective of HDFC Mid-Cap Opportunities Fund

The investment objective of the HDFC Mid-Cap Opportunities Fund is to generate capital growth over the long term via investment in a portfolio that mainly comprises of equity and equity-related instruments of small- and mid-cap companies.

Who is the HDFC Mid-Cap Opportunities Fund for?

The HDFC Mid-Cap Opportunities Fund is ideal for investors who want long-term capital appreciation through investment mainly in equity and equity-related instruments of small- and mid-cap companies.

5. HDFC Prudence Fund

Fund Type	Open-ended balanced scheme
Entry Load	N/A
Exit Load	The redemption of up to 15% of the units allotted will be without any exit load. In case units are switched-out or redeemed within a year from the date on which they were allotted, an exit load of 1% will be applicable. In case units are switched-out or redeemed after a year from the date on which they were allotted, there will be no exit load.
Benchmark	CRISIL Balanced Fund Index
Fund Manager	Rakesh Vyas and Prashant Jain
Risk Factor	Moderately high

Investment Objective of HDFC Prudence Fund

The investment objective of the HDFC Prudence Fund is to offer long-term capital appreciation along with periodic returns via investment in a judicious combination of debt and equity instruments, with the objective to minimise/prevent the erosion of capital.

Who is the HDFC Prudence Fund for?

The HDFC Prudence Fund is ideal for investors who want periodic income along with capital growth whilst ensuring that their capital will remain safe from erosion over the long term.

6. HDFC Balanced Fund

Fund Type	Open-ended balanced scheme
Entry Load	N/A
Exit Load	The redemption of up to 15% of the units allotted can be done without any exit load. In case units are switched-out or redeemed within a year from the date on which they were allotted, an exit load of 1% will be applicable. In case units are switched-out or redeemed after a year from the date on which they were allotted, there will be no exit load.
Benchmark	CRISIL Balanced Fund Index
Fund Manager	Rakesh Vyas and Chirag Setalvad
Risk Factor	Moderately high

Investment Objective of HDFC Balanced Fund

The investment objective of the HDFC Balanced Fund is to generate capital growth and provide income through investment in a combined portfolio that consists of money market, debt, equity, and equity-related instruments.

Who is the HDFC Balanced Fund for?

The HDFC Balanced Fund is ideal for investors who want long-term capital appreciation in addition to current income.

7. HDFC TaxSaver (ELSS)

Fund Type	Open-ended Equity-Linked Savings Scheme that comes with a 3-year lock-in period
Entry Load	N/A
Exit Load	Exit load will not be applicable on units allotted on dividend reinvestment and bonus units
Benchmark	NIFTY 500 Index
Fund Manager	Rakesh Vyas and Vinay R Kulkarni
Risk Factor	Moderately high

Investment Objective of HDFC TaxSaver (ELSS)

The investment objective of HDFC TaxSaver (ELSS) is to generate capital appreciation over the long term via investment mainly in equity and equity-related instruments.

Who is HDFC TaxSaver (ELSS) for?

HDFC TaxSaver (ELSS) is ideal for investors who want long-term capital growth.

8. HDFC Arbitrage Fund

Fund Type	Open-ended equity scheme
Entry Load	N/A
Exit Load	In case units are switched-out or redeemed within a month from the date on which they were allotted, an exit load of 0.25% will be applicable. In case units are switched-out or redeemed after a month from the date on which they were allotted, there will be no exit load.
Benchmark	CRISIL Liquid Fund Index
Fund Manager	Rakesh Vyas and Krishan Kumar Daga
Risk Factor	Moderately low

Investment Objective of HDFC Arbitrage Fund

The investment objective of the HDFC Arbitrage Fund is to generate income via arbitrage opportunities between derivative and cash market in addition to arbitrage opportunities within the derivative segment, and by deploying surplus cash in money market instruments and debt securities.

Who is the HDFC Arbitrage Fund for?

The HDFC Arbitrage Fund is ideal for investors who want short-term income, and income via arbitrage opportunities between derivative and cash market as well as from arbitrage opportunities within the derivative segment.

9. HDFC Infrastructure Fund

Fund Type	Open-ended equity scheme
Entry Load	N/A
Exit Load	In case units are switched-out or redeemed within a year from the date on which they were allotted, an exit load of 1% will be applicable. In case units are switched-out or redeemed after a year from the date on which they were allotted, there will be no exit load.
Benchmark	NIFTY 500 Index
Fund Manager	Srinivas Rao Ravuri
Risk Factor	High

Investment Objective of HDFC Infrastructure Fund

The investment objective of the HDFC Infrastructure Fund is to generate capital appreciation in the long term by making investments mainly in equity and equity-related securities of firms and organisations that are involved in or are forecast to benefit from the development and growth of infrastructure.

Who is the HDFC Infrastructure Fund for?

The HDFC Infrastructure Fund is ideal for those who want long-term capital growth via investment predominantly in equity-related and equity securities of organisations involved in the development and growth of infrastructure.

10. HDFC Capital Builder Value Fund

Fund Type	Open-ended growth scheme
Entry Load	N/A
Exit Load	In case units are switched-out or redeemed within a year from the date on which they were allotted, an exit load of 1% will be applicable. In case units are switched-out or redeemed after a year from the date on which they were allotted, there will be no exit load.
Benchmark	NIFTY 500 Index
Fund Manager	Miten Lathia
Risk Factor	Moderately high

Investment Objective of HDFC Capital Builder Value Fund

The investment objective of the HDFC Capital Builder Value Fund is to generate long-term capital appreciation via investment mainly in equity and equity-related instruments of strong companies.

Who is the HDFC Capital Builder Value Fund for?

The HDFC Capital Builder Value Fund is ideal for investors who want long-term capital appreciation.

11. HDFC Long Term Advantage Fund (ELSS)

Fund Type	Open-ended Equity Linked Savings Scheme that comes with a 3-year lock-in period
Entry Load	N/A
Exit Load	Exit load will not be applicable on units allotted on dividend reinvestment or on bonus units
Benchmark	S&P BSE Sensex Index
Fund Manager	Rakesh Vyas and Chirag Setalvad
Risk Factor	Moderately high

Investment Objective of HDFC Long Term Advantage Fund (ELSS)

The investment objective of the HDFC Long Term Advantage Fund (ELSS) is to generate capital growth in the long term via investment in a portfolio that comprises mainly of equity and equity-related instruments.

Who is the HDFC Long Term Advantage Fund (ELSS) for?

The HDFC Long Term Advantage Fund (ELSS) is ideal for investors who want long-term capital appreciation through investment mainly in equity and equity-related instruments.

12. HDFC Small Cap Fund

Fund Type	Open-ended equity scheme
Entry Load	N/A
Exit Load	In case units are switched-out or redeemed within a year from the date on which they were allotted, an exit load of 1% will be applicable. In case units are switched-out or redeemed after a year from the date on which they were allotted, there will be no exit load.
Benchmark	NIFTY Smallcap 100 Index
Fund Manager	Rakesh Vyas and Chirag Setalvad
Risk Factor	Moderately high

Investment Objective of HDFC Small Cap Fund

The investment objective of the HDFC Small Cap Fund is to offer capital appreciation in the long term via investment mainly in small- and mid-cap companies.

Who is the HDFC Small Cap Fund for?

The HDFC Small Cap Fund is ideal for investors who want long-term capital appreciation through investment mainly in equity and equity-related instruments of small-cap and mid-cap companies.

13. HDFC Focused 30 Fund

Fund Type	Open-ended growth scheme
Entry Load	N/A
Exit Load	In case units are switched-out or redeemed within a year from the date on which they were allotted, an exit load of 1% will be applicable. In case units are switched-out or redeemed after a year from the date on which they were allotted, there will be no exit load.
Benchmark	S&P BSE 200 Index
Fund Manager	Rakesh Vyas and Vinay R Kulkarni
Risk Factor	Moderately high

Investment Objective of HDFC Focused 30 Fund

The investment objective of the HDFC Focused 30 Fund is to generate capital growth via investment in equities of companies whose shares are available at prices lower than their actual value.

Who is the HDFC Focused 30 Fund for?

The HDFC Focused 30 Fund is ideal for investors who want long-term capital appreciation through investment mainly in equity and equity-related instruments of companies whose shares are undervalued.

14. HDFC Equity Savings Fund (Erstwhile HDFC Multiple)

Fund Type	Open-ended equity scheme
Entry Load	N/A
Exit Load	In case of redemption of up to 15% of the units, no exit load will be applicable. In case units are switched-out or redeemed within a year from the date on which they were allotted, an exit load of 1% will be applicable. In case units are switched-out or redeemed after a year from the date on which they were allotted, there will be no exit load.
Benchmark	NIFTY 50 Index (30%), CRISIL Short Term Bond Fund Index (30%), and NIFTY 50 Arbitrage Index (40%)
Fund Manager	Rakesh Vyas, Anil Bamboli, Krishan Kumar Daga, and Vinay R Kulkarni
Risk Factor	Moderately high

Investment Objective of HDFC Equity Savings Fund (Erstwhile HDFC Multiple)

The investment objective of the HDFC Equity Savings Fund (Erstwhile HDFC Multiple) is to generate capital appreciation as well as income distributions to investors by way of arbitrage opportunities and investment in money market or debt instruments and equity and equity-related instruments.

Who is the HDFC Equity Savings Fund (Erstwhile HDFC Multiple) for?

The HDFC Equity Savings Fund (Erstwhile HDFC Multiple) is ideal for investors who want capital appreciation in addition to income between the medium and long term.

15. HDFC Index Fund – Nifty 50 Plan

Fund Type	Open-ended index-linked scheme
Entry Load	N/A
Exit Load	In case units are switched out or redeemed within three days from the date on which they were allotted, an exit load of 0.25% will be applicable. In case units are switched out or redeemed after three days following the date of allotment, there will be no exit load.
Benchmark	NIFTY 50 (Total Returns Index)
Fund Manager	Krishan Kumar Daga
Risk Factor	Moderately high

Investment Objective of HDFC Index Fund – Nifty 50 Plan

The investment objective of the HDFC Index Fund – Nifty 50 Plan is to generate returns that correspond with the performance of the Nifty Index via investment in equity securities that are covered under the index.

Who is the HDFC Index Fund – Nifty 50 Plan for?

The HDFC Index Fund – Nifty 50 Plan is ideal for those who want returns that correspond with Nifty’s performance.

16. HDFC Index Fund – Sensex Plan

Fund Type	Open-ended index-linked scheme
Entry Load	N/A
Exit Load	In case units are switched out or redeemed within three days from the date on which they were allotted, an exit load of 0.25% will be applicable. In case units are switched out or redeemed after three days following the date of allotment, there will be no exit load.
Benchmark	S&P BSE Sensex (Total Returns Index)
Fund Manager	Krishan Kumar Daga
Risk Factor	Moderately high

Investment Objective of HDFC Index Fund – Sensex Plan

The investment objective of the HDFC Index Fund – Sensex Plan is to generate returns that correspond with the performance of the Sensex via investment in equity securities covered under the Sensex.

Who is the HDFC Index Fund – Sensex Plan for?

The HDFC Index Fund – Sensex Plan is ideal for investors who want returns that correspond with the performance of Sensex.

17. HDFC Index Fund – Sensex Plus Plan

Fund Type	Open-ended index-linked scheme
Entry Load	N/A
Exit Load	In case units are switched out or redeemed within three days from the date on which they were allotted, an exit load of 0.25% will be applicable. In case units are switched out or redeemed after three days following the date of allotment, there will be no exit load.
Benchmark	S&P BSE Sensex (Total Returns Index)
Fund Manager	Krishan Kumar Daga
Risk Factor	Moderately high

Investment Objective of HDFC Index Fund – Sensex Plus Plan

The investment objective of the HDFC Index Fund – Sensex Plus Plan is to make an investment of 80% to 90% in companies that have listed their securities in Sensex, and the remainder in net assets of companies who have not listed their securities in Sensex.

Who is the HDFC Index Fund – Sensex Plus Plan for?

The HDFC Index Fund – Sensex Plus Plan is ideal for investors who want long-term capital appreciation by making investments mainly in companies whose securities are listed in Sensex.

18. HDFC Growth Fund

Fund Type	Open-ended growth scheme
Entry Load	N/A
Exit Load	In case units are switched-out or redeemed within a year from the date on which they were allotted, an exit load of 1% will be applicable. In case units are switched-out or redeemed after a year from the date on which they were allotted, there will be no exit load.
Benchmark	S&P BSE Sensex
Fund Manager	Rakesh Vyas and Srinivas Rao Ravuri
Risk Factor	Moderately high

Investment Objective of HDFC Growth Fund

The investment objective of the HDFC Growth Fund is to generate capital appreciation over the long term via investment in a portfolio that comprises mainly of equity and equity-related instruments.

Who is the HDFC Growth Fund for?

The HDFC Growth Fund is ideal for investors who want long-term capital growth through investment mainly in equity and equity-related instruments.

19. HDFC Growth Opportunities Fund

Fund Type	Open-ended equity scheme
Entry Load	N/A
Exit Load	In case units are switched-out or redeemed within a year from the date on which they were allotted, an exit load of 1% will be applicable. In case units are switched-out or redeemed after a year from the date on which they were allotted, there will be no exit load.
Benchmark	NIFTY 50
Fund Manager	Rakesh Vyas and Vinay R Kulkarni
Risk Factor	Moderately high

Investment Objective of HDFC Growth Opportunities Fund

The investment objective of the HDFC Growth Opportunities Fund is to offer capital appreciation in the long term by making investments mainly in the stocks of large cap companies.

Who is the HDFC Growth Opportunities Fund for?

The HDFC Growth Opportunities Fund is ideal for those who want long-term capital appreciation via investment in equity and equity-related instruments of large cap companies.

20. HDFC Premier Multip-Cap Fund

Fund Type	Open-ended growth scheme
Entry Load	N/A
Exit Load	In case units are switched-out or redeemed within a year from the date on which they were allotted, an exit load of 1% will be applicable. In case units are switched-out or redeemed after a year from the date on which they were allotted, there will be no exit load.
Benchmark	NIFTY 500
Fund Manager	Rakesh Vyas and Vinay R Kulkarni
Risk Factor	Moderately high

Investment Objective of HDFC Premier Multi-Cap Fund

The investment objective of the HDFC Premier Multi-Cap Fund is to generate long-term capital appreciation via investments in a diversified portfolio that consists of equity and equity-related instruments of mid- and large-cap ‘blue chip’ companies.

Who is the HDFC Premier Multi-Cap Fund for?

The HDFC Premier Multi-Cap Fund is ideal for investors who want long-term capital growth through investment mainly in equity and equity-related instruments of mid- and large-cap ‘blue chip’ companies.

21. HDFC Equity Opportunities Fund – II (1100 Days)

Fund Type	Close-ended equity scheme
Entry Load	N/A
Exit Load	N/A
Benchmark	NIFTY 50 Index
Fund Manager	Rakesh Vyas and Srinivas Rao Ravuri
Risk Factor	Moderately high

Investment Objective of HDFC Equity Opportunities Fund –II (1100 D)

The investment objective of the HDFC Equity Opportunities Fund – II (1100 D) is to generate capital appreciation in the long term via investment mainly in equity and equity-related instruments across sectors and market capitalisations that will benefit from the Indian economy’s growth.

Who is the HDFC Equity Opportunities Fund – II (1100 D) for?

The HDFC Equity Opportunities Fund – II (1100 D) is ideal for investors who want capital growth over the tenure of the plan (1100 days) through investment mainly in equity and equity-related instruments across sectors and market capitalisations.

22. HDFC Equity Opportunities Fund – II (1126 D)

Fund Type	Close-ended equity scheme
Entry Load	N/A
Exit Load	N/A
Benchmark	NIFTY 50 Index
Fund Manager	Rakesh Vyas and Srinivas Rao Ravuri
Risk Factor	Moderately high

Investment Objective of the HDFC Equity Opportunities Fund – II (1126 D)

The investment objective of the HDFC Equity Opportunities Fund – II (1126 D) is to generate capital appreciation in the long term via investment mainly in equity and equity-related instruments across sectors and market capitalisations that will benefit from the Indian economy’s growth.

Who is the HDFC Equity Opportunities Fund – II (1126 D) for?

The HDFC Equity Opportunities Fund – II (1126 D) is ideal for investors who want capital growth over the tenure of the plan (1126 days) through investment mainly in equity and equity-related instruments across sectors and market capitalisations.

Debt Funds Offered by HDFC Asset Management Company Ltd.

The following are the debt/income funds offered by HDFC Asset Management Company Ltd.:

1. HDFC Gilt Fund

Fund Type	Open-ended income scheme
Entry Load	N/A
Exit Load	N/A
Benchmark	I-Sec Li-Bex
Fund Manager	Anil Bamboli
Risk Factor	Moderate

Investment Objective of HDFC Gilt Fund

The investment objective of the HDFC Gilt Fund is to achieve credit risk-free returns by investing in sovereign securities of the State Government and/or Central Government, whose maturities range between medium and long term.

Who is the HDFC Gilt Fund for?

The HDFC Gilt Fund is ideal for investors who want credit risk-free returns between the medium and long term by investment in a portfolio consisting of securities issued by State/Central Government.

2. HDFC Corporate Bond

Fund Type	Open-ended debt scheme
Entry Load	N/A
Exit Load	N/A
Benchmark	CRISIL Composite Bond Fund Index
Fund Manager	Anil Bamboli, Anupan Joshi, and Shobhit Mehrotra
Risk Factor	Moderately low

Investment Objective of HDFC Corporate Bond

The investment objective of the HDFC Corporate Bond is to achieve capital appreciation and generate income via investments mainly in corporate bonds that are rated AA+ and above.

Who is the HDFC Corporate Bond for?

The HDFC Corporate Bond is ideal for investors who want regular income between the medium and long term by investments in money market and debt instruments along with government securities whose maturity periods are below 60 months.

3. HDFC Short Term Debt Fund

Fund Type	Open-ended income scheme
Entry Load	N/A
Exit Load	N/A
Benchmark	CRISIL Short-Term Bond Fund Index
Fund Manager	Anil Bamboli and Rakesh Vyas
Risk Factor	Moderately low

Investment Objective of HDFC Short Term Debt Fund

The investment objective of the HDFC Short Term Debt Fund is to generate income on a regular basis via investments in money market/debt instruments along with government securities whose maturity periods are below 36 months.

Who is the HDFC Short Term Debt Fund for?

The HDFC Short Term Debt Fund is ideal for investors who want regular income in the short to medium term by making investments in government securities, money market, and debt instruments whose maturity periods are less than 36 months.

4. HDFC Credit Risk Debt Fund

Fund Type	Open-ended debt scheme
Entry Load	N/A
Exit Load	No exit load will be applicable on the redemption of 15% of the units. In case units are switched-out or redeemed within a year from the date on which they were allotted, an exit load of 1% will be applicable. In case units are switched-out or redeemed after a year but within 18 months from the date on which they were allotted, an exit load of 0.50% will be applicable. In case units are switched-out or redeemed after 18 months from the date on which they were allotted, there will be no exit load.
Benchmark	CRISIL Short-Term Bond Fund Index
Fund Manager	Anil Bamboli and Shobhit Mehrotra
Risk Factor	Moderate

Investment Objective of HDFC Credit Risk Debt Fund

The investment objective of the HDFC Credit Risk Debt Fund is to generate income along with capital appreciation via investment mainly in corporate bonds that are rated AA and below.

Who is the HDFC Credit Risk Debt Fund for?

The HDFC Credit Risk Debt Fund is ideal for investors who want regular income between the medium and long term along with capital appreciation via investment mainly in corporate debt.

5. HDFC Hybrid Debt Fund

Fund Type	Open-ended income scheme
Entry Load	N/A
Exit Load	No exit load will be applicable on the redemption of 15% of the units. In case units are switched-out or redeemed within a year from the date on which they were allotted, an exit load of 1% will be applicable. In case units are switched-out or redeemed after a year from the date on which they were allotted, there will be no exit load.
Benchmark	CRISIL MIP Blended Index
Fund Manager	Rakesh Vyas, Prashant Jain, and Shobhit Mehrotra
Risk Factor	Moderately high

Investment Objective of HDFC Hybrid Debt Fund

The investment objective of the HDFC Hybrid Debt Fund is to generate returns on a regular basis via investment mainly in money market and debt instruments. The scheme also aims at achieving capital appreciation in the long term via investment of a part of the assets in equity and equity-related instruments.

Who is the HDFC Hybrid Debt Fund for?

The HDFC Hybrid Debt Fund is ideal for investors who want regular income over the medium to long term via investment in money market and debt instrument in addition to investment in equity and equity-related instruments.

6. HDFC MF Monthly Income Plan – Short Term Plan

Fund Type	Open-ended income scheme
Entry Load	N/A
Exit Load	No exit load will be applicable on the redemption of 15% of the units. In case units are switched-out or redeemed within a year from the date on which they were allotted, an exit load of 1% will be applicable. In case units are switched-out or redeemed after a year from the date on which they were allotted, there will be no exit load.
Benchmark	CRISIL MIP Blended Index
Fund Manager	Rakesh Vyas, Vinay R Kulkarni, and Shobhit Mehrotra
Risk Factor	Moderately high

Investment Objective of HDFC MF Monthly Income Plan – Short Term Plan

The investment objective of the HDFC MF Monthly Income Plan – Short Term Plan is to achieve returns on a regular basis via investment mainly in money market and debt instruments. The scheme also aims at generating capital appreciation in the long term via investment of a part of the assets in equity and equity-related instruments.

Who is the HDFC MF Monthly Income Plan – Short Term Plan for?

The HDFC MF Monthly Income Plan – Short Term Plan is ideal for investors who want regular income over the medium to long term by investing in money market and debt instruments in addition to equity and equity-related instruments.

7. HDFC Dynamic Debt Fund

Fund Type	Open-ended income scheme
Entry Load	N/A
Exit Load	In case units are switched-out or redeemed within six month from the date on which they were allotted, the exit load payable will be 0.50%. In case units are switched-out or redeemed after six months from the date on which they were allotted, there will be no exit load.
Benchmark	CRISIL Composite Bond Fund Index
Fund Manager	Rakesh Vyas and Anil Bamboli
Risk Factor	Moderate

Investment Objective of HDFC Dynamic Debt Fund

The investment objective of the HDFC Dynamic Debt Fund is to accrue income via investment in a variety of money market and debt instruments that come with different maturity dates. The scheme aims at maximising income, and, at the same time, maintaining the optimum balance of liquidity, safety, and yield.

Who is the HDFC Dynamic Debt Fund for?

The HDFC Dynamic Debt Fund is ideal for investors who want stable returns over the medium to long term and want to maximise income via investment in money market and debt instruments with different maturity dates.

8. HDFC Banking and PSU Debt Fund

Fund Type	Open-ended income scheme
Entry Load	N/A
Exit Load	N/A
Benchmark	CRISIL Short Term Bond Fund Index
Fund Manager	Rakesh Vyas and Anil Bamboli
Risk Factor	Moderately low

Investment Objective of HDFC Banking and PSU Debt Fund

The investment objective of the HDFC Banking and PSU Debt Fund is to generate income on a regular basis via investment in a portfolio of money market and debt instruments that comprise mainly of securities issued by entities like Public Sector undertakings and Scheduled Commercial Banks.

Who is the HDFC Banking and PSU Debt Fund for?

The HDFC Banking and PSU Debt Fund is ideal for investors who want regular income over the medium to long term through investment in money market and debt instruments that consist of securities issued by Public Sector undertakings and Scheduled Commercial Banks.

9. HDFC Medium Term Debt Fund

Fund Type	Open-ended income scheme
Entry Load	N/A
Exit Load	N/A
Benchmark	CRISIL Short Term Bond Fund Index
Fund Manager	Rakesh Vyas and Shobhit Mehrotra
Risk Factor	Moderate

Investment Objective of HDFC Medium Term Debt Fund

The investment objective of the HDFC Medium Term Fund is to generate income via investment in a variety of money market and debt instruments that come with differing maturity dates. The fund aims at maximising income, and, at the same time, maintaining the optimum balance of liquidity, safety, and yield.

Who is the HDFC Medium Term Debt Fund for?

The HDFC Medium Term Debt Fund is ideal for investors who want stable returns over the short to medium term, and for those who want to maximise income by investment in a variety of money market and debt instruments that come with differing maturity dates.

10. HDFC Income Fund

Fund Type	Open-ended income scheme
Entry Load	N/A
Exit Load	In case units are switched-out or redeemed within a month from the date on which they were allotted, the exit load payable will be 0.25%. In case units are switched-out or redeemed after a month from the date on which they were allotted, there will be no exit load.
Benchmark	CRISIL Composite Bond Fund Index
Fund Manager	Rakesh Vyas and Shobhit Mehrotra
Risk Factor	Moderate

Investment Objective of HDFC Income Fund

The investment objective of the HDFC Income Fund is to optimise returns via investment in money market and debt instruments while ensuring that the balance of liquidity, yield, and safety is maintained.

Who is the HDFC Income Fund for?

The HDFC Income Fund is ideal for investors who want income on a regular basis over the medium to long term, and for those who wish to optimise returns while ensuring that the balance of liquidity, yield, and safety is maintained.

11. HDFC Floating Rate Debt Fund

Fund Type	Open-ended income scheme
Entry Load	N/A
Exit Load	N/A
Benchmark	CRISIL Liquid Fund Index
Fund Manager	Rakesh Vyas and Shobhit Mehrotra
Risk Factor	Moderately low

Investment Objective of HDFC Floating Rate Debt Fund

The investment objective of the HDFC Floating Rate Debt Fund is to generate income on a regular basis via investment in a portfolio that consists mainly of floating rate money market/debt instruments, fixed rate money market/debt instruments switched for floating rate returns, and fixed rate money market and debt instruments.

Who is the HDFC Floating Rate Debt Fund for?

The HDFC Floating Rate Debt Fund is ideal for investors who want regular income over the short term via investment in floating rate money market/debt instruments, fixed rate money market/debt instruments switched for floating rate returns, and fixed rate money market and debt instruments of short term maturities with higher liquidity.

12. HDFC Low Duration Fund

Fund Type	Open-ended income scheme
Entry Load	N/A
Exit Load	N/A
Benchmark	CRISIL Liquid Fund Index
Fund Manager	Rakesh Vyas and Anupam Joshi
Risk Factor	Low

Investment Objective of HDFC Low Duration Fund

The investment objective of the HDFC Low Duration Fund is to generate income on a regular basis via investment in money market instruments and debt securities.

Who is the HDFC Low Duration Fund for?

The HDFC Low Duration Fund is ideal for investors who want regular income over the short term through investment in money market and debt instruments.

Liquid Funds Offered by HDFC Asset Management Company Ltd.

The following are the liquid funds offered by HDFC Asset Management Company Ltd.:

1. HDFC Money Market Fund

Fund Type	Open-ended high liquidity income scheme
Entry Load	N/A
Exit Load	N/A
Benchmark	CRISIL Liquid Fund Index
Fund Manager	Rakesh Vyas and Anil Bamboli
Risk Factor	Low

Investment Objective of HDFC Money Market Fund

The investment objective of the HDFC Money Market Fund is to generate optimal returns while ensuring that high liquidity and safety are maintained.

Who is the HDFC Money Market Fund for?

The HDFC Money Market Fund is ideal for investors who want optimal returns in the short term via investment in money market and debt instruments that come with maturity periods of less than 91 days.

2. HDFC Cash Management Fund – Call Plan

Fund Type	Open-ended high liquidity income scheme
Entry Load	N/A
Exit Load	N/A
Benchmark	CRISIL Liquid Fund Index
Fund Manager	Rakesh Vyas and Anil Bamboli
Risk Factor	Low

Investment Objective of HDFC Cash Management Fund – Call Plan

The investment objective of the HDFC Cash Management Fund – Call Plan is to generate optimal returns while ensuring that high liquidity and safety are maintained.

Who is the HDFC Cash Management Fund – Call Plan for?

The HDFC Cash Management Fund – Call Plan is ideal for investors who want optimal returns over the short term by investing in CBLO (Collateralised Borrowing and Lending Obligations), fixed income securities with overnight liquidity/maturity, and overnight reverse repos in Government securities.

3. HDFC Liquid Fund Premium Plan

Fund Type	Open-ended liquidity income scheme
Entry Load	N/A
Exit Load	N/A
Benchmark	CRISIL Liquid Fund Index
Fund Manager	Rakesh Vyas and Shobhit Mehrotra
Risk Factor	Low

Investment Objective of HDFC Liquid Fund Premium Plan

The investment objective of the HDFC Liquid Fund Premium Plan is to increase income while ensuring that a high level of liquidity is maintained, by investing in a judicious portfolio that consists of debt and money market instruments.

Who is the HDFC Liquid Fund Premium Plan for?

The HDFC Liquid Fund Premium Plan is ideal for investors who want short-term income via investment in money market and debt instruments.

4. HDFC Liquid Fund

Fund Type	Open-ended high liquidity income scheme
Entry Load	N/A
Exit Load	N/A
Benchmark	CRISIL Liquid Fund Index
Fund Manager	Rakesh Vyas and Anupam Joshi
Risk Factor	Low

Investment Objective of HDFC Liquid Fund

The investment objective of the HDFC Liquid Fund is to generate income while ensuring that a high level a liquidity is maintained via investment in a judicious portfolio that consists of debt and money market instruments.

Who is the HDFC Liquid Fund for?

The HDFC Liquid Fund is ideal for investors who want short-term income via investment in money market and debt instruments.

Children’s Gift Fund Offered by HDFC Asset Management Company Ltd.

The following is the children’s gift fund offered by HDFC Asset Management Company Ltd.:

HDFC Children’s Gift Fund

Investment Objective of HDFC Children’s Gift Fund

The investment objective of the HDFC Children’s Gift Fund is to generate capital appreciation over the long term via investment mainly in equities and equity-related instruments. The assets under this fund will also be invested in money market/debt instruments and their objective will be to generate long term returns while ensuring that risk is under control.

Who is the HDFC Children’s Gift Fund for?

The HDFC Children’s Gift Fund is ideal for investors who want long-term capital appreciation via investment in money market and debt instruments as well as equity and equity-related instruments.

Retirement Savings Fund Offered by HDFC Asset Management Company Ltd.

The following is the retirement savings fund offered by HDFC Asset Management Company Ltd.:

HDFC Retirement Savings Fund

Investment Objective of HDFC Retirement Savings Fund

The investment objective of the HDFC Retirement Savings Fund is to ensure that an investor has sufficient corpus post his/her retirement. The scheme invests primarily in money market and debt instruments as well as equity and equity-related instruments to provide an income equivalent to the fund value at the time of redemption (on attaining retirement age).

Who is the HDFC Retirement Savings Fund for?

The HDFC Retirement Savings Fund is ideal for investors who want a corpus to get pension income equivalent to the fund value at the time of redemption after they have crossed 60 years of age.

Fixed Maturity Plans Offered by HDFC Asset Management Company Ltd.

The following are the fixed maturity plans offered by HDFC Asset Management Company Ltd.:

1. HDFC FMP 97D May 2018 (1)
2. HDFC FMP 1134D May 2018 (1)
3. HDFC FMP 1434D May 2018 (1)
4. HDFC FMP 1181D April 2018 (1)
5. HDFC FMP 1146D April 2018 (1)
6. HDFC FMP 1183D April 2018 (1)
7. HDFC FMP 1177D March 2018 (1)
8. HDFC FMP 1145D March 2018 (1)
9. HDFC FMP 1147D March 2018 (1)
10. HDFC FMP 92D March 2018 (1)
11. HDFC FMP 1143D March 2018 (1)
12. HDFC FMP 1150D March 2018 (1)
13. HDFC FMP 1208D March 2018 (1)
14. HDFC FMP 1158D February 2018 (1)
15. HDFC FMP 92D February 2018 (1)
16. HDFC FMP 1430D July 2017 (1)
17. HDFC FMP 1136D June 2017 (1)
18. HDFC FMP 1166D May 2017 (1)
19. HDFC FMP 1165D April 2017 (1)
20. HDFC FMP 1172D April 2017 (1)
21. HDFC FMP 1188D March 2017 (1)
22. HDFC FMP 1213D March 2017 (1)
23. HDFC FMP 1150D February 2017 (1)
24. HDFC FMP 1170D February 2017 (1)
25. HDFC FMP 1155D February 2017 (1)
26. HDFC FMP 1178D February 2017 (1)
27. HDFC FMP 1169D February 2017 (1)
28. HDFC FMP 1199D January 2017 (1)
29. HDFC FMP 1218D December 2016 (1)
30. HDFC FMP 1302D September 2016 (1)
31. HDFC FMP 1309D September 2016 (1)
32. HDFC FMP 1111D September 2016 (1)
33. HDFC FMP 1161D July 2016 (1)
34. HDFC FMP 1112D June 2016 (1)
35. HDFC FMP 1128D June 2016 (1)
36. HDFC FMP 1127D June 2016 (1)
37. HDFC FMP 1113D June 2016 (1)
38. HDFC FMP 1127D May 2016 (1)
39. HDFC FMP 1153D April 2016 (1)
40. HDFC FMP 1104D April 2016 (1)
41. HDFC FMP 1107D March 2016 (1)
42. HDFC FMP 1190D March 2016 (1)
43. HDFC FMP 1114D March 2016 (1)
44. HDFC FMP 1120D March 2016 (1)
45. HDFC FMP 1140D March 2016 (1)
46. HDFC FMP 92D March 2016 (1)
47. HDFC FMP 1132D February 2016 (1)
48. HDFC FMP 1148D February 2016 (2)
49. HDFC FMP 1161D February 2016 (1)
50. HDFC FMP 1148D February 2016 (1)
51. HDFC FMP 1168D February 2016 (1)
52. HDFC FMP 1155D February 2016 (1)
53. HDFC FMP1167D January 2016 (1)
54. HDFC FMP 1176D January 2016 (1)
55. HDFC FMP 1183D January 2016 (1)
56. HDFC FMP 1105D December 2015 (1)
57. HDFC FMP 1111D November 2015 (1)
58. HDFC FMP 1105D October 2015 (1)
59. HDFC FMP 1108D September 2015 (1)
60. HDFC FMP 1141D July 2015 (1)
61. HDFC FMP 1126D July 2015 (1)
62. HDFC FMP 1134D July 2015 (1)
63. HDFC FMP 1112D June 2015 (1)
64. HDFC FMP 1127D May 2015 (1)
65. HDFC FMP 1106D May 2015 (1)
66. HDFC FMP 1115D March 2015 (1)
67. HDFC FMP 1128D March 2015 (1)
68. HDFC FMP 1135D March 2015 (1)
69. HDFC FMP 1157D February 2015 (1)
70. HDFC FMP 1184D January 2015 (1)
71. HDFC FMP 1115D January 2015 (1)
72. HDFC FMP 1107D December 2014 (1)
73. HDFC FMP 111D November 2014 (1)
74. HDFC FMP 1113D November 2014 (1)
75. HDFC FMP 1107D October 2014 (1)
76. HDFC FMP 1113D October 2014 (1)
77. HDFC FMP 1125D September 2014 (1)
78. HDFC FMP 1128D September 2014 (1)
79. HDFC FMP 1134D September 2014 (1)
80. HDFC FMP 1099D August 2014 (1)
81. HDFC FMP 1113D August 2014 (1)
82. HDFC FMP 1116D July 2014 (1)
83. HDFC FMP 1123D July 2014 (1)
84. HDFC FMP 750D June 2014 (1)
85. HDFC FMP 371D June 2014 (1)
86. HDFC FMP 370D June 2014 (2)
87. HDFC FMP 371D June 2014 (2)
88. HDFC FMP 371D June 2014 (1)
89. HDFC FMP 747D June 2014 (1)
90. HDFC FMP 370D June 2014 (1)
91. HDFC FMP 366D May 2014 (2)
92. HDFC FMP 371D May 2014 (1)
93. HDFC FMP 366D May 2014 (1)
94. HDFC FMP 370D May 2014 (2)
95. HDFC FMP 367D May 2014 (2)
96. HDFC FMP 370D May 2014 (1)
97. HDFC FMP 367D May 2014 (1)
98. HDFC FMP 370D April 2014 (4)
99. HDFC FMP 367D April 2014 (1)
100. HDFC FMP 1100D April 2014 (1)
101. HDFC FMP 370D April 2014 (1)
102. HDFC FMP 369D April 2014 (1)
103. HDFC FMP 366D March 2014 (2)
104. HDFC FMP 377D March 2014 (1)
105. HDFC FMP 378D March 2014 (1)
106. HDFC FMP 1127D March 2014 (1)
107. HDFC FMP 1095D March 2014 (1)
108. HDFC FMP 3360D March 2014 (1)
109. HDFC FMP 390D March 2014 (1)
110. HDFC FMP 400D March 2014 (1)
111. HDFC FMP 370D March 2014 (1)
112. HDFC FMP 371D February 2014 (2)
113. HDFC FMP 434D February 2014 (1)
114. HDFC FMP 793D February 2014 (1)
115. HDFC FMP 369D February 2014 (2)
116. HDFC FMP 441D February 2014 (1)
117. HDFC FMP 371D February 2014 (1)
118. HDFC FMP 370D February 2014 (1)
119. HDFC FMP 447D February 2014 (1)
120. HDFC FMP 369D February 2014 (1)
121. HDFC FMP 453D February 2014 (1)
122. HDFC FMP 372D February 2014 (1)
123. HDFC FMP 840D January 2014 (1)
124. HDFC FMP 371D January 2014 (2)
125. HDFC FMP 1175D January 2014 (1)
126. HDFC FMP 370D January 2014 (1)
127. HDFC FMP 372D January 2014 (1)
128. HDFC FMP 371D January 2014 (1)
129. HDFC FMP 372D December 2013 (2)
130. HDFC FMP 372D December 2013 (1)
131. HDFC FMP 368D December 2013 (1)
132. HDFC FMP 531D December 2013 (1)
133. HDFC FMP 371D December 2013 (2)
134. HDFC FMP 540D December 2013 (1)
135. HDFC FMP 371D December 2013 (1)
136. HDFC FMP 370D November 2013 (1)
137. HDFC FMP 923D November 2013 (1)
138. HDFC FMP 371D November 2013 (2)
139. HDFC FMP 371D November 2013 (1)
140. HDFC FMP 370D October 2013 (5)
141. HDFC FMP 370D October 2013 (4)
142. HDFC FMP 370D October 2013 (3)
143. HDFC FMP 737D October 2013 (1)
144. HDFC FMP 372D October 2013 (1)
145. HDFC FMP 370D October 2013 (2)
146. HDFC FMP 370D October 2013 (1)
147. HDFC FMP 742D September 2013 (1)
148. HDFC FMP 370D September 2013 (4)
149. HDFC FMP 370D September 2013 (3)
150. HDFC FMP 370D September 2013 (2)
151. HDFC FMP 370D September 2013 (1)
152. HDFC FMP 370D August 2013 (4)
153. HDFC FMP 1875D August 2013 (1)
154. HDFC FMP 370D August 2013 (3)
155. HDFC FMP 370D August 2013 (2)
156. HDFC FMP 1001D August 2013 (1)
157. HDFC FMP 370D August 2013 (1)
158. HDFC FMP 1846D August 2013 (1)
159. HDFC FMP 371D August 2013 (1)
160. HDFC FMP 1143D July 2013 (1)
161. HDFC FMP 370D July 2013 (3)
162. HDFC FMP 371D July 2013 (1)
163. HDFC FMP 1107D May 2013 (1)
164. HDFC FMP 1198D February 2013 (1)
165. HDFC FMP 1919D January 2013 (1)
166. HDFC FMP 36M October 2011 (1)
167. HDFC FMP 370D October 2011 (2)
168. HDFC FMP 370D October 2011 (1)

Investment Objective of HDFC Fixed Maturity Plans

The investment objective of these funds is to generate income via investment in government securities and money market and debt instruments whose maturity periods end prior to the plan’s maturity date.

Who are the HDFC Fixed Maturity Plans for?

HDFC Fixed Maturity Plans are ideal for those who want regular income over the tenure of the plan via investment in government securities and money market and debt instruments.

Exchange Traded Funds Offered by HDFC Asset Management Company Ltd.

The following are the exchange traded funds offered by HDFC Asset Management Company Ltd.:

1. HDFC Gold Exchange Traded Fund

Fund Type	Open-ended exchange traded fund
Entry Load	N/A
Exit Load	N/A
Benchmark	Domestic Price of Physical Gold
Fund Manager	Krishan Kumar Daga
Risk Factor	Moderately high

Investment Objective of HDFC Gold Exchange Traded Fund

The investment objective of the HDFC Gold Exchange Traded Fund is to generate returns equivalent to the performance of gold via investment mainly in gold bullion of 0.995 fineness.

Who is the HDFC Gold Exchange Traded Fund for?

The HDFC Gold Exchange Traded Fund is ideal for investors who want returns that correspond with the performance of gold.

2. HDFC Nifty 50 ETF

Fund Type	Open-ended exchange traded fund
Entry Load	N/A
Exit Load	N/A
Benchmark	Nifty 50 Index
Fund Manager	Krishan Kumar Daga
Risk Factor	Moderately high

Investment Objective of HDFC Nifty 50 ETF

The investment objective of the HDFC Nifty 50 ETF is to generate returns that correspond with the overall returns of the securities under the Nifty 50 Index.

Who is the HDFC Nifty 50 ETF for?

The Nifty 50 ETF is ideal for investors who want returns that correspond with the performance of the Nifty 50 Index via investment in equity securities that are covered under the index.

3. HDFC Sensex ETF

Fund Type	Open-ended exchange traded fund
Entry Load	N/A
Exit Load	N/A
Benchmark	S&P BSE Sensex
Fund Manager	Krishan Kumar Daga
Risk Factor	Moderately high

Investment Objective of HDFC Sensex ETF

The investment objective of the HDFC Sensex ETF is to generate returns that correspond with the overall returns of the securities under the S&P BSE Sensex Index.

Who is the HDFC Sensex ETF for?

The HDFC Sensex ETF is ideal for investors who want returns that correspond with the performance of the S&P BSE Sensex Index via investment in equity securities that fall under the index.

Rajiv Gandhi Equity Savings Schemes Offered by HDFC Asset Management Company Ltd.

The following are the Rajiv Gandhi Equity Savings Schemes offered by HDFC Asset Management Company Ltd.:

1. HDFC Focused Equity Fund – Plan B

Fund Type	Close-ended equity scheme
Entry Load	N/A
Exit Load	N/A
Benchmark	S&P BSE 100 Index
Fund Manager	Srinivas Rao Ravuri
Risk Factor	Low

Investment Objective of HDFC Focused Equity Fund – Plan B

The investment objective of HDFC Focused Equity Fund – Plan B is to generate capital growth over the long term via investment in a portfolio of eligible securities as prescribed in Rajiv Gandhi Equity Savings Scheme.

Who is HDFC Focused Equity Fund – Plan B for?

The HDFC Focused Equity Fund – Plan B is ideal for investors who want capital growth over the tenure of the fund (1100 days).

2. HDFC Focused Equity Fund – Plan A

Fund Type	Close-ended equity scheme
Entry Load	N/A
Exit Load	N/A
Benchmark	S&P BSE 100
Fund Manager	Srinivas Rao Ravuri
Risk Factor	High

Investment Objective of HDFC Focused Equity Fund – Plan A

The investment objective of HDFC Focused Equity Fund – Plan A is to generate capital growth over the long term via investment in a portfolio comprising of eligible securities as prescribed in Rajiv Gandhi Equity Savings Scheme.

Who is HDFC Focused Equity Fund – Plan A for?

The HDFC Focused Equity Fund – Plan A is ideal for investors who want capital growth over the tenure of the fund (1100 days).

3. HDFC Rajiv Gandhi Equity Savings Scheme – Series 2

Fund Type	Close-ended equity scheme
Entry Load	N/A
Exit Load	N/A
Benchmark	S&P BSE 100 Index
Fund Manager	Srinivas Rao Ravuri
Risk Factor	High

Investment Objective of HDFC Rajiv Gandhi Equity Savings Scheme – Series 2

The investment objective of the HDFC Rajiv Gandhi Equity Savings Scheme – Series 2 is to generate capital growth via investment in a portfolio consisting of eligible securities as prescribed in Rajiv Gandhi Equity Savings Scheme.

Who is HDFC Rajiv Gandhi Equity Savings Scheme – Series 2 for?

The HDFC Rajiv Gandhi Equity Savings Scheme – Series 2 is ideal for investors who want capital appreciation in the long term.

Dual Advantage Funds Offered by HDFC Asset Management Company Ltd.

The following are the Dual Advantage Funds offered by HDFC Asset Management Company Ltd.:

1. HDFC Dual Advantage Fund – Series III – 1224D

Fund Type	Close-ended income scheme
Entry Load	N/A
Exit Load	N/A
Benchmark	CRISIL Debt Hybrid 75+25 Fund Index for plans with tenures up to 42 months; and CRISIL Debt Hybrid 60+40 Fund Index for plans with tenures between 42 months and 66 months
Fund Manager	Anil Bamboli, Krishan Kumar Daga and Rakesh Vyas
Risk Factor	Moderate

Investment Objective of HDFC Dual Advantage Fund – Series III – 1224D

The investment objective of HDFC Dual Advantage Fund – Series III – 1224D is to generate income via investment mainly in a portfolio that consists of money market and debt instruments whose maturity dates are prior to the maturity of the scheme. It also aims at generating capital appreciation via investment partly in equity and equity-related instruments.

Who is the HDFC Dual Advantage Fund – Series III – 1224D for?

The HDFC Dual Advantage Fund – Series III – 1224D is ideal for investors who want regular income in addition to capital appreciation over the tenure of the fund (1224 days), via investment in money market and debt instruments as well as equity and equity-related securities.

2. HDFC Dual Advantage Fund – Series III – 1267D

Fund Type	Close-ended income scheme
Entry Load	N/A
Exit Load	N/A
Benchmark	CRISIL Debt Hybrid 75+25 Fund Index for plans with tenures up to 42 months; and CRISIL Debt Hybrid 60+40 Fund Index for plans with tenures between 42 months and 66 months
Fund Manager	Anil Bamboli, Krishan Kumar Daga and Rakesh Vyas
Risk Factor	Moderate

Investment Objective of HDFC Dual Advantage Fund – Series III – 1267D

The investment objective of HDFC Dual Advantage Fund – Series III – 1267D is to achieve income via investment in a portfolio consisting of money market and debt instruments that mature on or prior to the maturity date of the scheme. It also aims at investing a part of the portfolio in equity and equity-related instruments to generate capital appreciation.

Who is HDFC Dual Advantage Fund – Series III – 1267D for?

HDFC Dual Advantage Fund – Series III – 1267D is ideal for investors who want regular income in addition to capital appreciation over the tenure of the fund (1267 days), via investment in money market and debt instruments as well as equity and equity-related securities.

3. HDFC Dual Advantage Fund – Series III – 1304D

Fund Type	Close-ended income scheme
Entry Load	N/A
Exit Load	N/A
Benchmark	CRISIL Debt Hybrid 75+25 Fund Index for plans with tenures up to 42 months; and CRISIL Debt Hybrid 60+40 Fund Index for plans with tenures between 42 months and 66 months
Fund Manager	Anil Bamboli, Krishan Kumar Daga and Rakesh Vyas
Risk Factor	Moderate

Investment Objective of HDFC Dual Advantage Fund – Series III – 1304D

The investment objective of HDFC Dual Advantage Fund – Series III – 1304D is to generate income via investment mainly in a portfolio that consists of money market and debt instruments whose maturity dates are prior to the maturity of the scheme. It also aims at generating capital appreciation via investment partly in equity and equity-related instruments.

Who is HDC Dual Advantage Fund – Series III – 1304D

HDFC Dual Advantage Fund – Series III – 1304D is ideal for investors who seek regular income along with capital appreciation over the tenure of the fund (1304 days), via investment in money market and debt instruments as well as equity and equity-related securities.

4. HDFC Dual Advantage Fund – Series II – 1111D

Fund Type	Close-ended income scheme
Entry Load	N/A
Exit Load	N/A
Benchmark	CRISIL Debt Hybrid 75+25 Fund Index for plans with tenures up to 42 months; and CRISIL Debt Hybrid 60+40 Fund Index for plans with tenures between 42 months and 66 months
Fund Manager	Anil Bamboli, Krishan Kumar Daga and Rakesh Vyas
Risk Factor	Moderate

Investment Objective of HDFC Dual Advantage Fund – Series II – 1111D

The investment objective of HDFC Dual Advantage Fund – Series II – 1111D is to generate income through investment in money market and debt securities whose maturity period ends prior to the maturity period of the scheme. It also aims at achieving capital appreciation through investment in equity and equity-related securities.

Who is HDFC Dual Advantage Fund – Series II – 1111D for?

HDFC Dual Advantage Fund – Series II – 1111D is ideal for those who want to earn income in addition to capital appreciation over the tenure of the fund (1111 days).

5. HDFC Dual Advantage Fund – Series II – 1099D

Fund Type	Close-ended income scheme
Entry Load	N/A
Exit Load	N/A
Benchmark	CRISIL Debt Hybrid 75+25 Fund Index for plans with tenures up to 42 months; and CRISIL Debt Hybrid 60+40 Fund Index for plans with tenures between 42 months and 66 months
Fund Manager	Anil Bamboli, Krishan Kumar Daga and Rakesh Vyas
Risk Factor	Moderate

Investment Objective of HDFC Dual Advantage Fund – Series II – 1099D

The investment objective of HDFC Dual Advantage Fund – Series II – 1099D is to generate income via investment in money market and debt instruments whose maturity period is shorter than the maturity period of the scheme. It also aims at achieving capital appreciation via investment in equity and equity-related securities.

Who is HDFC Dual Advantage Fund – Series II – 1099D for?

HDFC Dual Advantage Fund – Series II – 1099D is ideal for investors who want regular income along with capital appreciation over the tenure of the fund (1099 days).

6. HDFC Dual Advantage Fund – Series II – 1160D

Fund Type	Close-ended income scheme
Entry Load	N/A
Exit Load	N/A
Benchmark	CRISIL Debt Hybrid 75+25 Fund Index for plans with tenures up to 42 months; and CRISIL Debt Hybrid 60+40 Fund Index for plans with tenures between 42 months and 66 months
Fund Manager	Anil Bamboli, Krishan Kumar Daga and Rakesh Vyas
Risk Factor	Moderate

Investment Objective of HDFC Dual Advantage Fund – Series II – 1160D

The investment objective of HDFC Dual Advantage Fund – Series II – 1160D is to generate income via investment in a portfolio consisting of money market and debt instruments whose maturity periods end before the maturity period of the fund. It also aims at achieving capital appreciation through investment in equity and equity-related securities.

Who is HDFC Dual Advantage Fund – Series II – 1160D for?

HDFC Dual Advantage Fund – Series II – 1160D is ideal for investors who want capital appreciation as well as regular income over the tenure of the scheme (1160 days).

7. HDFC Dual Advantage Fund – Series I – 1100D

Fund Type	Close-ended income scheme
Entry Load	N/A
Exit Load	N/A
Benchmark	CRISIL Debt Hybrid 75+25 Fund Index for plans with tenures up to 42 months; and CRISIL Debt Hybrid 60+40 Fund Index for plans with tenures between 42 months and 66 months
Fund Manager	Anil Bamboli, Krishan Kumar Daga and Rakesh Vyas
Risk Factor	Moderate

Investment Objective of HDFC Dual Advantage Fund – Series I – 1100D

The investment objective of HDFC Dual Advantage Fund – Series I – 1100D is to accrue capital via investment in a portfolio consisting of money market and debt securities whose maturity periods end before the maturity period of the fund. It also aims to generate capital appreciation via investment in equity and equity-related instruments.

Who is HDFC Dual Advantage Fund – Series I – 1100D for?

HDFC Dual Advantage Fund – Series I – 1100D is ideal for investors who want capital appreciation as well as regular income over the tenure of the scheme (1100 days).

Capital Protection Oriented Funds Offered by HDFC Asset Management Company Ltd.

The following are the Capital Protection Oriented Funds offered by HDFC Asset Management Company Ltd.:

1. HDFC CPO – III – 1173D January 2015

Fund Type	Close-ended capital protection oriented income scheme
Entry Load	N/A
Exit Load	N/A
Benchmark	CRISIL MIP Blended Index
Fund Manager	Anil Bamboli, Rakesh Vyas, and Vinay R Kulkarni
Risk Factor	Low

Investment Objective of HDFC CPO – III – 1173D January 2015

The investment objective of HDFC CPO – III – 1173D January 2015 is to generate returns via investment in a portfolio that consists of money market and debt securities whose maturity periods end prior to the maturity period of the fund. The fund also aims at achieving capital appreciation by investing partly in equity and equity-related instruments.

Who is HDFC CPO – III – 1173D January 2015 for?

HDFC CPO – III – 1173D January 2015 is ideal for investors who want capital appreciation along with regular income over the tenure of the fund (1173 days) via investment in money market and debt instruments as well as equity and equity-related instruments.

2. HDFC CPO – III – 1207D December 2014

Fund Type	Close-ended capital protection oriented income scheme
Entry Load	N/A
Exit Load	N/A
Benchmark	CRISIL MIP Blended Index
Fund Manager	Anil Bamboli, Rakesh Vyas, and Vinay R Kulkarni
Risk Factor	Low

Investment Objective of HDFC CPO – III – 1207D December 2014

The investment objective of HDFC CPO – III – 1207D December 2014 is to generate returns through investment in a portfolio that comprises of money market and debt securities whose maturity period ends prior to the maturity period of the scheme. The fund also aims at investing partly in equity and equity-related securities in order to generate capital appreciation.

Who is HDFC CPO – III – 1207D December 2014 for?

HDFC CPO – III – 1207D December 2014 is ideal for investors who want capital appreciation as well as regular income over the tenure of the fund (1207 days) by making investments in money market and debt instruments as well as equity and equity-related instruments.

3. HDFC CPO – III – 1100D October 2014

Fund Type	Close-ended capital protection oriented income scheme
Entry Load	N/A
Exit Load	N/A
Benchmark	CRISIL MIP Blended Index
Fund Manager	Anil Bamboli, Rakesh Vyas, and Vinay R Kulkarni
Risk Factor	Low

Investment Objective of HDFC CPO – III – 1100D October 2014

The investment objective of HDFC CPO – III – 1100D October 2014 is to generate returns by making investments in a portfolio comprising of money market and debt instruments whose maturity periods end prior to the maturity period of the fund. The fund also aims at generating capital appreciation via investing partly in a portfolio of equity and equity-related securities.

Who is HDFC CPO – III – 1100D October 2014 for?

HDFC CPO – III – 1100D October 2014 is ideal for those who want regular income in addition to capital appreciation over the tenure of the scheme (1100 days). It also aims at generating returns via investment in money market and debt securities as well as equity and equity-related instruments.

4. HDFC CPO – II – 36M June 2014

Fund Type	Close-ended capital protection oriented income scheme
Entry Load	N/A
Exit Load	N/A
Benchmark	CRISIL MIP Blended Index
Fund Manager	Anil Bamboli, Rakesh Vyas, and Vinay R Kulkarni
Risk Factor	Low

Investment Objective of HDFC CPO – II – 36M June 2014

The investment objective of HDFC CPO – II – 36M June 2014 is to generate returns via investment in a portfolio that comprises of money market and debt securities whose maturity periods end prior to the maturity period of the scheme. The fund also aims at investing partly in equity and equity-related instruments and generating capital appreciation.

Who is HDFC CPO – II – 36M June 2014 for?

HDFC CPO – II – 36M June 2014 is ideal for those who want capital appreciation in addition to regular income over the long term via investment in money market and debt securities as well as equity and equity-related instruments.

5. HDFC CPO – II – 36M May 2014

Fund Type	Close-ended capital protection oriented income scheme
Entry Load	N/A
Exit Load	N/A
Benchmark	CRISIL MIP Blended Index
Fund Manager	Anil Bamboli, Rakesh Vyas, and Vinay R Kulkarni
Risk Factor	Low

Investment Objective of HDFC CPO – II – 36M May 2014

The investment objective of HDFC CPO – II – 36M May 2014 is to generate returns through investment in a portfolio that consists of money market and debt instruments whose maturity periods end prior to the maturity period of the scheme. The fund also aims at generating capital appreciation via investment in a portfolio of equity and equity-related instruments.

Who is HDFC CPO – II – 36M May 2014 for?

HDFC CPO – II – 36M May 2014 is a great option for those who want capital appreciation as well as regular income over the long term via investment in a portfolio of money market and debt securities as well as in equity and equity-related securities.

6. HDFC CPO – II – 36M February 2014

Fund Type	Close-ended capital protection oriented income scheme
Entry Load	N/A
Exit Load	N/A
Benchmark	CRISIL MIP Blended Index
Fund Manager	Anil Bamboli, Rakesh Vyas, and Vinay R Kulkarni
Risk Factor	Low

Investment Objective of HDFC CPO – II – 36M February 2014

The investment objective of HDFC CPO – II – 36M February 2014 is to generate income by making investments in a portfolio that consists of money market and debt securities whose maturity periods end before the maturity period of the scheme. The fund also aims at generating capital appreciation via investment in a portfolio of equity and equity-related securities.

Who is HDFC CPO – II – 36M February 2014 for?

HDFC CPO – II – 36M February 2014 is a good option for investors who want capital appreciation in addition to regular income over the long term via investment in a portfolio of money market and debt securities as well as equity and equity-related instruments.

7. HDFC CPO – II – 36M January 2014

Fund Type	Close-ended capital protection oriented income scheme
Entry Load	N/A
Exit Load	N/A
Benchmark	CRISIL MIP Blended Index
Fund Manager	Anil Bamboli, Rakesh Vyas, and Vinay R Kulkarni
Risk Factor	Low

Investment Objective of HDFC CPO – II – 36M January 2014

The investment objective of HDFC CPO – II – 36M January 2014 is to accrue returns via investments in a portfolio comprising of money market and debt securities whose maturity periods end prior to the maturity period of the scheme. The fund also aims at investing partly in equity and equity-related instruments to generate capital appreciation.

Who is HDFC CPO – II – 36M January 2014 for?

HDFC – CPO – II – 36M January 2014 is a good investment option for those who want long-term capital appreciation in addition to regular income by investing in money market and debt securities as well as equity and equity-related instruments.

8. HDFC CPO – I – 36M October 2013

Fund Type	Close-ended capital protection oriented income scheme
Entry Load	N/A
Exit Load	N/A
Benchmark	CRISIL MIP Blended Index
Fund Manager	Anil Bamboli, Rakesh Vyas, and Vinay R Kulkarni
Risk Factor	Low

Investment Objective of HDFC CPO – I – 36M – October 2013

The investment objective of HDFC CPO – I – 36M – October 2013 is to generate returns via investment in a portfolio that comprises of money market and debt securities whose maturity periods end prior to the maturity period of the scheme. The fund also aims at investing partly in equity and equity-related instruments and generating capital appreciation.

Who is HDFC CPO – I – 36M – October 2013 for?

HDFC CPO – I – 36M – October 2013 is ideal for investors who want regular income in addition to long-term capital appreciation by investing in money market and debt instruments as well as in equity and equity-related securities.

9. HDFC CPO – I – 36M September 2013

Fund Type	Close-ended capital protection oriented income scheme
Entry Load	N/A
Exit Load	N/A
Benchmark	CRISIL MIP Blended Index
Fund Manager	Anil Bamboli, Rakesh Vyas, and Vinay R Kulkarni
Risk Factor	Low

Investment Objective of HDFC CPO – I – 36M September 2013

The investment objective of HDFC CPO – I – 36M September 2013 is to generate income by making investments in a portfolio consisting of money market and debt securities whose maturity periods end prior to the maturity period of the scheme. The fund also aims at generating capital appreciation via investment in a portfolio of equity and equity-related securities.

Who is HDFC CPO – I – 36M September 2013 for?

HDFC CPO – I – 36M September 2013 is a good option for investors who want long-term capital appreciation as well as regular income by investing in a portfolio of money market and debt securities as well as in equity and equity-related securities.

10. HDFC CPO – I – 36M August 2013

Fund Type	Close-ended capital protection oriented income scheme
Entry Load	N/A
Exit Load	N/A
Benchmark	CRISIL MIP Blended Index
Fund Manager	Anil Bamboli, Rakesh Vyas, and Vinay R Kulkarni
Risk Factor	Low

Investment Objective of HDFC CPO – I – 36M – August 2013

The investment objective of HDFC CPO – I – 36M – August 2013 is to generate income via investment in money market and debt securities whose maturity period ends prior to the maturity period of the fund. The fund also aims at generating capital appreciation via investment in a portfolio consisting of equity and equity-related instruments.

Who is HDFC CPO – I – 36M – August 2013 for?

HDFC CPO – I – 36M – August 2013 is an ideal investment option for those who want long-term capital appreciation as well as regular income via investment in a portfolio consisting of money market and debt securities as well as in equity and equity-related instruments.

Fund of Fund Schemes Offered by HDFC Asset Management Company Ltd.

The following are the Fund of Fund Schemes offered by HDFC Asset Management Company Ltd.:

1. HDFC Dynamic PE Ratio FOF

Fund Type	Open-ended Fund of Funds Scheme
Entry Load	N/A
Exit Load	N/A
Benchmark	CRISIL Balanced Fund Index
Fund Manager	Anil Bamboli
Risk Factor	Moderately high

Investment Objective of HDFC Dynamic PE Ratio FOF

The investment objective of HDFC Dynamic PE Ratio FOF is to generate capital appreciation via management of the asset allocation between certain debt and equity schemes of HDFC Mutual Fund.

Who is HDFC Dynamic PE Ratio FOF for?

HDFC Dynamic PE Ratio FOF is a good option for those who want long-term capital appreciation by investing in certain debt and equity schemes of HDFC Mutual Fund.

2. HDFC Gold Fund

Fund Type	Open-ended Fund of Funds Scheme
Entry Load	N/A
Exit Load	N/A
Benchmark	Domestic Price of Physical Gold
Fund Manager	Krishan Kumar Daga
Risk Factor	Moderately high

Investment Objective of HDFC Gold Fund

The investment objective of HDFC Gold Fund is to generate capital appreciation via investment in units of HDFC Gold Exchange Traded Fund.

Who is the HDFC Gold Fund for?

The HDFC Gold Fund is a great investment option for those who want long-term capital appreciation via investment in units of HDFC Gold Exchange Traded Fund.

Annual Interval Fund – Series 1 Offered by HDFC Asset Management Company Ltd.

The following is the Annual Interval Fund – Series 1 offered by HDFC Asset Management Company Ltd.:

HDFC Annual Interval Fund – Series 1 – Plan A, B

Investment Objective of HDFC Annual Interval Fund – Series 1 – Plan A, B

The investment objective of HDFC Annual Interval Fund – Series 1 – Plan A, B is to generate income via investment in money market and debt securities as well as government securities whose maturity periods end prior to the opening of the immediately following Specified Transaction Period.

Who is HDFC Annual Interval Fund – Series 1 – Plan A, B for?

HDFC Annual Interval Fund – Series 1 – Plan A, B is ideal for those who want short-term regular income via investment in money market and debt instruments as well as government securities.

Cancer Cure Funds Offered by HDFC Asset Management Company Ltd.

The following are the Cancer Cure Funds offered by HDFC Asset Management Company Ltd.:

1. HDFC Charity Fund for Cancer Cure

Fund Type	Close-ended scheme
Entry Load	N/A
Exit Load	N/A
Benchmark	NIFTY 50 Arbitrage Index for the Arbitrage Plan and CRISIL Short Term Bond Fund Index for the Debt Plan
Fund Manager	Anil Bamboli, Krishan Kumar Daga, and Rakesh Vyas
Risk Factor	Moderately low

Investment Objective of the HDFC Charity Fund for Cancer Cure

The investment objective of the HDFC Charity Fund for Cancer Cure (Arbitrage Plan) is to generate income via arbitrage opportunities between derivative and cash market as well as via investments in money market and debt securities. The investment objective of the HDFC Charity Fund for Cancer Cure (Debt Plan) is to generate income via investments in money market and debt securities as well as government securities whose maturity periods end prior to the maturity period of the scheme.

Who is the HDFC Charity Fund for Cancer Cure for?

The HDFC Charity Fund for Cancer Cure is a good option for those who want regular income over the 1136 days (tenure of the fund) via investment in money market and debt securities as well as government securities.

2. HDFC Debt Fund for Cancer Cure 2014

Fund Type	Three-year close-ended capital protection oriented income scheme
Entry Load	N/A
Exit Load	N/A
Benchmark	CRISIL Short-Term Bond Fund Index
Fund Manager	Anil Bamboli
Risk Factor	Low

Investment Objective of HDFC Debt Fund for Cancer Cure 2014

The investment objective of HDFC Debt Fund for Cancer Cure 2014 is to generate income via investment in a portfolio comprising of fixed income instruments such as money market and debt securities as well as government securities whose maturity periods end prior to the maturity period of the scheme. It also aims at protecting the capital via these investments.

Who is the HDFC Debt Fund for Cancer Cure 2014 for?

The HDFC Debt Fund for Cancer Cure 2014 is a good investment option for investors who want to ensure that their capital is protected along with the generation of long-term income via investments in money market and debt instruments as well as in government securities.

Save Tax by Investing in Tax Savings Mutual Funds from HDFC Asset Management Company Ltd.

Section 80C of the Income Tax Act, 1961, allows deductions up to Rs.1.5 lakh for investments made in tax-saving mutual funds. If you wish to save tax, here are some of the funds from HDFC Asset Management Company Ltd. that can help you do just that:

• HDFC Long Term Advantage Fund (ELSS)
• HDFC TaxSaver (ELSS)
• HDFC Retirement Savings Fund

Who is Eligible for HDFC Mutual Funds?

The following entities can invest in HDFC Mutual Funds:

• Banking companies
• Companies
• FIIs
• Hindu Undivided Families
• Insurance companies
• NRIs
• Parents or lawful guardians on behalf of minors
• Partnership firms
• Pension funds
• Public financial institutions
• Resident individuals
• Trusts

Documents Required for HDFC Mutual Funds

The following are the documents you will need to invest in HDFC Mutual Funds:

• Application form (one for opening a mutual fund account, one if you want to select an SIP, and one if you want to transfer funds electronically from your bank account)
• KYC documents (KYC individual form along with a passport-sized photograph)
• Identity proof (any one of Passport, Driving License, PAN, Aadhaar Card, or Voter’s ID)
• Address proof (any one of Passport, Aadhaar Card, Driving License, Voter’s ID, Ration Card, utility bills such as gas bill, electricity bill, or telephone bill, or flat maintenance bill, passbook, insurance copy, bank account statement, or registered sale/lease agreement of residence)
• Third party declaration in case of investment on behalf of a minor (Third party declaration form)

How to Invest in HDFC Mutual Funds Online?

Investing in HDFC Mutual Funds online is as easy as it gets. The HDFCMF Online facility introduced by HDFC enables customers to transact online at any time. By using this facility, you can purchase switch, redeem, view your account details, register for SIPs/STPs, check the valuation of your portfolio and download account statements with relative ease. To transact online, all you need is an existing folio, an email address that is registered in the folio, and your HDFC Personal Identification Number.

Why Choose HDFC Mutual Funds?

HDFC is one of the most popular financial institutions in India due to the fact that it offers some truly exceptional products and services. Purchasing mutual funds from HDFC can prove beneficial in the long term because the fund house has a large number of mutual funds that cater to the investment needs of a diverse customer base. A number of the mutual funds offered by the company have been ranked highly by CRISIL. Some mutual funds offered by HDFC, such as the equity-linked savings schemes and other tax-saving schemes, can also help in getting tax benefits. The company’s portfolio also consists of investment options that have low, medium, and high risk, which makes it easy for customers to pick an option based on their risk appetite.

Frequently Asked Questions

1. How can I apply for a systematic investment plan from HDFC Mutual Funds?

If you wish to invest in an SIP from HDFC, you will have to fill in the application form which is basically an SIP enrolment form. The form will have to be submitted together with an auto-debit form.

2. What is NAV (Net Asset Value)?

NAV, or Net Asset Value, as it is called in its extended form, is the market value of the scheme’s assets. It does not include the liabilities of the scheme. The calculation of NAV is as follows:

(Overall value of securities + cash/income accrued – liabilities) / Total outstanding units

3. Is NAV the same as the selling price?

Sometimes the selling price of schemes may vary because of exit loads. For instance, if a scheme is currently at Rs.20 in terms of NAV, and an exit load of 1% is charged on it, then the effective price at the time of sale will be Rs.19.8.

4. What is an exit load?

An exit load is basically the charge levied by a fund house for the sale of units. A lot of schemes out there have no exit load, while some others charge a percentage of the NAV as exit load for exiting from the fund.

5. What is meant by switch?

A switch is basically when an investor transfers or shifts his investment from one scheme to another. The schemes are usually part of the same fund. When a switch is carried out, the investor is usually charged a small fee. Switching enables investors to transfer their investment partly or fully from one scheme to another based on their investment requirements.

6. What are ETFs?

ETFs, or Exchange Traded Funds as they called in their extended form, are funds whose units are listed on stock exchanges. These units can be purchased and sold in the same manner that stocks are purchased and sold. The prices of these units are often close to the scheme’s NAV. Majority of the exchange traded funds track an underlying group of securities such as index, sector stocks or commodities such as gold.

7. How will I get my redemption amount?

The amount at the time of redemption is usually paid through direct debit via NEFT or RTGS, or via cheque.

8. Will I have to pay anything when redeeming my scheme?

In case the scheme in which you invested does not have an “exit load”, you will not be charged anything. But if it does, the amount charged as exit load will be subtracted from the ‘Applicable NAV’ per unit.