HDFC Mutual Fund

The real journey of HDFC Mutual Funds started in 1999 in an alliance with ABRDN. Since then, HDFC has maintained an impressive investment record by providing an exclusive range of savings and investment products. The broad customer base includes retail and institutional clients with more than 9.9 million active mutual fund accounts. Being one of the largest fund managers in India, it provides customers with prominent opportunities to create wealth through several types of mutual funds.
  • Equity
  • Hybrid
  • Elss
  • Debt
  • Commodity
  • Other
Mutual Fund Schemes
NAV
5Y Returns
AUM(in Cr.)
Compare
141.10Apr 25, 2024
25%
₹26,836
65.33Apr 25, 2024
25%
₹26,836
125.43Apr 25, 2024
24%
₹26,836
160.96Apr 25, 2024
24%
₹60,417
44.70Apr 25, 2024
24%
₹26,836
44.70Apr 25, 2024
24%
₹26,836
49.10Apr 25, 2024
24%
₹60,417
49.10Apr 25, 2024
24%
₹60,417
48.14Apr 25, 2024
23%
₹1,310
311.51Apr 25, 2024
22%
₹15,021
31.06Apr 25, 2024
22%
₹1,310
299.18Apr 25, 2024
22%
₹15,021
44.07Apr 25, 2024
21%
₹1,310
20.51Apr 25, 2024
21%
₹1,310
20.51Apr 25, 2024
21%
₹1,310
213.32Apr 25, 2024
21%
₹8,689
45.17Apr 25, 2024
22%
₹15,021
35.52Apr 25, 2024
21%
₹15,021
498.37Apr 25, 2024
20%
₹73,348
44.19Apr 25, 2024
19%
₹73,348
464.56Apr 25, 2024
19%
₹73,348
464.56Apr 25, 2024
19%
₹73,348
38.63Apr 25, 2024
19%
₹73,348
38.63Apr 25, 2024
19%
₹73,348
113.91Apr 25, 2024
16%
₹22,234
68.91Apr 25, 2024
16%
₹2,642
19.54Apr 25, 2024
16%
₹2,642
105.92Apr 25, 2024
15%
₹22,234
18.24Apr 25, 2024
15%
₹22,234
16.25Apr 25, 2024
14%
₹2,642
16.25Apr 25, 2024
14%
₹2,642
62.63Apr 25, 2024
14%
₹2,642
16.17Apr 25, 2024
14%
₹22,234
16.17Apr 25, 2024
14%
₹22,234
105.92Apr 25, 2024
15%
₹22,234
66.89Apr 25, 2024
11%
₹3,994
14.98Apr 25, 2024
11%
₹3,994
1284.42Apr 25, 2024
19%
₹13,086
92.81Apr 25, 2024
18%
₹13,086
1198.45Apr 25, 2024
18%
₹13,086
70.78Apr 25, 2024
17%
₹13,086
70.78Apr 25, 2024
17%
₹13,086
20.55Apr 25, 2024
8%
₹8,239
18.34Apr 25, 2024
8%
₹4,204
18.37Apr 25, 2024
8%
₹27,145
29.98Apr 25, 2024
8%
₹27,145
20.12Apr 25, 2024
8%
₹8,239
20.12Apr 25, 2024
8%
₹8,239
21.85Apr 25, 2024
7%
₹8,239
17.65Apr 25, 2024
7%
₹14,203
29.78Apr 25, 2024
7%
₹14,203
18.70Apr 25, 2024
7%
₹668
22.05Apr 25, 2024
12%
₹1,705
22.99Apr 25, 2024
13%
₹1,705
62.21Apr 25, 2024
12%
₹4,087
78.54Apr 25, 2024
0%
₹124
289.04Apr 25, 2024
18%
₹8,499
289.04Apr 25, 2024
18%
₹8,499
263.31Apr 25, 2024
17%
₹8,499
263.31Apr 25, 2024
17%
₹8,499

Key Information about HDFC Mutual Fund

Mutual Fund NameHDFC Mutual Fund
OfficeRegistered Office HDFC House, 2nd floor, H.T. Parekh Marg, 165-166 Backbay Reclamation, Churchgate Mumbai - 400 020
Email Idcliser@hdfcindia.com
Phone No.+91 (22) 66316333
Fax+91 (22) 22821144
Websitewww.hdfcfund.com
Set up dateJun 30, 2000
Mutual Fund TypePvt. Sector - Joint Ventures (Indian)
AMC incorporation DateDec 10, 1999
CityMumbai

Fund Managers

GA

Mr. Gopal AgrawalChief Investment Officer

He has over 7 years of experience in the field of finance and financial related services. Mr. Agrawal is responsible for supervision and management of Equity Investments. Prior to this assignment, Mr. Agrawal was the Fund Manager with SBI Mutual Fund. He has also been associated with organizations like Kotak Securities, HDFC Securities, IDBI Capital, UTI Securities and IPCL.

SR

Mr. Srinivasan RamamurthyFund Manager

AB

Mr. Anil BamboliSenior Fund Manager - Fixed Income

Mr. Anil Bamboli has 16 years of experience in fund management and research, Fixed Income dealing. He is with HDFC AMC from July 2003 till date. Prior to this he was Asst. Vice President in SBI Funds Management Pvt. Ltd.

NM

Mr. Nirman MorakhiaFund Manager

About HDFC Mutual Funds

Mutual fund is a company that gathers money from several investors and breaks it into investments in stocks, bonds, government securities, and short-term debts. Mutual funds, in the past, were seen as a significant risk, but people now realise it is an investment that will expand their wallet’s capacity. The holding of mutual funds is known as a portfolio.

HDFC Asset Management Company Ltd., or HDFC Mutual Funds, started in 1999, is a joint venture between HDFC Ltd. (Housing Development Finance Corporation Limited) and ABRDN Investment Management Limited, holding 52.6% and 16.2% shares, respectively. It provides a full range of savings and investment products across asset classes, giving its broad base of retail and institutional customers - who currently have 9.9 million live accounts—opportunities to build income and wealth.

With one of the most significant market shares in actively managed equities-oriented funds, HDFC Bank mutual fund holds a monopolistic position in equity investments. With one of the biggest market shares in assets from individual investors, HDFC mutual funds are one of the most popular options for retail investors. With an impressive record of 27 years, HDFC AMC presently have approximately 75,000 empanelled distributors, including banks, national distributors, and distributors of mutual funds.

Type of HDFC Bank Mutual Funds

HDFC Mutual Funds offers 140 schemes across different categories including 26 equity, 48 debt, two liquid funds and nine hybrid mutual funds. The following are the HDFC mutual funds type:

Growth or Equity Programs

One of the most well-liked mutual fund strategies is Growth or Equity Programs. They make it possible for investors to trade in stocks. Three additional categories can be used to split an equity fund further:

  • Sector-specific funds
  • Index Funds
  • Tax-saving funds

Money Market Funds Or Liquid Funds

These funds invest in short-term debt instruments, looking to give a reasonable return to investors over a short period of time. These funds are suitable for investors with a low-risk appetite who are looking at parking their surplus funds over the short term. These are an alternative to putting money in a savings bank account.

Fixed Income Or Debt Mutual Funds

These funds invest a majority of the money in debt - fixed income, i.e. fixed coupon-bearing instruments like government securities, bonds, debentures, etc. They have a low-risk-low-return outlook and are ideal for investors with a low-risk appetite looking at generating a steady income. However, they are subject to credit risk.

Monthly Income Plans (MIP) Or Hybrid Plans

These funds are comparable to balanced funds; however, they have a lower percentage of equity assets. They are sometimes known as marginal equity funds for this reason. They are particularly well suited to retiree investors who desire a consistent income with minimal risk.

How can you Invest in HDFC Bank Mutual Funds?

HDFC mutual funds eliminate risk by investing the money in a diverse portfolio. One can invest in HDFC Mutual Funds online and offline. They just have to follow these simple steps: 

HDFC MF Online

  • Login to your account on the official website of HDFC Bank
  • Go to Personal banking and opt for Invest
  • Select ‘Mutual Funds’ in the drop-down menu
  • The page will now feature HDFC mutual fund details
  • If you have an ISA with HDFC, you will be able to find the invest now option (In case, you do not have an ISA account, you will have to do that first and then you will be eligible for HDFC mutual funds)
  • Fill out the details inquired in the investment application form
  • Choose your scheme
  • Upload the scanned copies of documents for KYC verification
  • Upon successful submission of the application form, your folio number will be generated.

HDFC MF Offline

  • Visit the nearest HDFC Bank branch
  • Fill out the investment application form
  • Choose your scheme
  • Attach the self-attested copies of the documents for KYC verification
  • Submit the form to the bank

Documents Required to Invest in HDFC Mutual Fund

By contributing capital to the fund's pool, mutual funds are a terrific method to broaden one's financial horizons. Top-tier, qualified fund managers distribute these funds in order to provide investors with the highest returns. HDFC mutual fund is among the best investment options, and the procedure for investing in them is simple.

The following documents are required to invest in mutual funds with HDFC AMC:

Proof of Identity

Any one of the following documents may be submitted:

  • Permanent Account Number (PAN)
  • Passport
  • Voter card
  • Driving license
  • Aadhaar card
  • NREGA job card
  • Any other document approved by the Central Government

Proof of Address

Any one of the following documents may be submitted:

  • Passport
  • Voter card
  • Driving license
  • Aadhaar card
  • NREGA job card
  • Any other document approved by the Central Government

Other documents required are Documents Attestation, PAN Exempt Investor Category and In-Person Verification (IPV).

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Frequently Asked Questions (FAQs)

How to check HDFC mutual fund status with folio number?

One can check their HDFC mutual fund status online through the bank’s official website by logging in through the folio number, calling customer care and providing details like PAN number and folio number, or checking through a consolidated account statement.

How to redeem HDFC mutual fund online?

One can redeem their HDFC mutual funds online by logging in to the bank's official website using the folio number or redeem funds through the portal they had used at the time of investment.

How to check HDFC mutual fund statement?

HDFC mutual fund statement can be checked by visiting the official website and dropping a text or missed call on their number 8506936767. You will receive an SMS and account statement at zero call charges.

What is HPIN in HDFC mutual fund?

A special personal identification number is required to use the HDFC MF online service, known as the HPIN.

How to buy mutual funds HDFC online?

One must log in to their Investment Services Account or ISA and browse through the scheme. Select the number of units and make the required payment. Once the payment is through, the units will be credited to the ISA account.

How to close HDFC mutual fund account?

To close their HDFC Bank mutual fund account, one needs to go to investments and choose the ongoing SIP. The next step will be selecting the SIP you wish to close and click on the ‘End’ button.

How to update KYC in HDFC mutual fund?

One must upload the required documents to update their KYC in HDFC mutual fund. They can do this by visiting the KYC agency website.

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