Hdfc Multi Cap Fund Regular Plan Idcw Reinvest

HDFC Multi Cap Fund - Regular Plan - IDCW Reinvest is an open-ended equity scheme. It was launched on December 10, 2021, aiming to provide long-term capital appreciation to its investors. Thus, the fund predominantly invests in equity and equity-related securities of large, mid, and small-cap companies, making it a more diversified portfolio. Besides, being an open-ended equity fund, investors can buy or sell their units at any time, making it a more appealing investment option.

As the name suggests, the fund is managed by HDFC Mutual Fund, one of the largest mutual fund companies in India. And ‘IDCW Reinvest’ refers to the dividend reinvested into the fund to purchase more units, instead of being paid out as cash to investors. Moreover, the fund offers a regular plan, which implies a higher expense ratio compared to the direct plan. This is because investments in the regular plan involve an intermediary such as a distributor, broker, or banker, who receives a distribution fee from the AMC.

However, to make your investment journey more transparent, herein Urban Money presents a detailed overview of the HDFC Multi Cap Fund - Regular Plan - IDCW Reinvest. We will primarily cover factors such as the fund’s performance, holdings, returns, NAV, expense ratio, exit load, taxation, lock-in period, minimum investment amount, and fund house. Let’s scroll down and stay updated with the latest information on this investment fund.

Key Parameters

Here are the key parameters of HDFC Multi Cap Fund - Regular Plan - IDCW Reinvest:

• Fund House: HDFC Mutual Fund
• Fund Category: Equity – Multi Cap
• Fund Type: Open-Ended
• Launch Date: December 10, 2021.
• Fund Manager: Gopal Agrawal
• Assets Under Management (AUM): ₹ 8,834.47 Cr (as of October 25, 2023).
• Net Asset Value (NAV): ₹ 13.379 (as of October 23, 2023)
• Benchmark: Nifty 500 Multicap 50:25:25 Total Return Index
• Expense Ratio: 1.76%
• Risk-O-Meter Rating: Very High
• Minimum Investment: ₹ 100 (both SIP and Lumpsum)
• Exit Load: 1% (if redeemed within one year)

Taxation

The taxation of HDFC Multi Cap Fund - IDCW - Direct Plan can be categorised into two types: long-term capital gain tax and short-term capital gain tax.

• Short-Term Capital Gain (STCG) Tax: If you sell your equity shares within one year of purchase, you are subject to short-term capital gain tax. In this case, you will be taxed at a rate of 15% on your returns, excluding any cess or surcharge.
• Long-Term Capital Gain (LTCG) Tax: If you sell your equity shares after 1 year from the purchase date, you are subject to short-term capital gain tax. In this case, you will be taxed at a rate of 10% on your returns, excluding any cess or surcharge. Notably, if your gains are below 1 lakh, you are required to pay no tax.

Holdings

In terms of market capitalization, the fund holds 35.07% in Large Cap, 14.19% in Mid Cap, 26.49% in Small Cap, and 20.6% in others, making it a well-diversified portfolio. Now, let’s take a look at the top 10 holdings of HDFC Multi Cap Fund - Regular Plan - IDCW Reinvest:

The Investment Objective of HDFC Multi Cap Fund - Regular Plan - IDCW Reinvest

The HDFC Multi Cap Fund - Regular Plan - IDCW Reinvest primarily aims to generate long-term capital appreciation with a moderate level of risk. I.e., the fund typically allocates its investments to various asset classes and sectors of stocks, spreading the risk across a more diversified range of companies. This approach empowers the fund to provide stable yet substantial growth even in volatile and unfavourable market conditions. Moreover, the fund ideally employs a bottom-up approach for stock selection, emphasising factors such as the quality of the businesses, growth potential, valuation, and corporate governance of the companies. In essence, this fund is an excellent investment option for those with a long-term investment horizon and willing to tolerate a reasonable degree of risk.

Minimum Investment and Lock-in Period

Following are the minimum investment and lock-in period of the HDFC Multi Cap Fund - Regular Plan - IDCW Reinvest:

Minimum Investment

The minimum investment for HDFC Multi Cap Fund - Regular Plan - IDCW Reinvest is Rs 100, applicable to both lump sum and SIP investments. Any additional investments, be it a lump sum or SIP, can also start at a minimum of Rs 100. Notably, the lump sum refers to a one-time investment, while SIP (Systematic Investment Plan) entails a regular investment over a period of time.

Lock-in Period

There is no lock-in period for HDFC Multi Cap Fund - Regular Plan - IDCW Reinvest. You can redeem your funds at any time at your discretion, making it a more investment-friendly option. However, if you redeem your fund before 1 year from the date of allotment, you are required to pay an exit load of 1% of your selling price. On the other hand, if you redeem after 1 year from the date of allotment, there will be no exit load.

AMC Information

The AMC information of HDFC Multi Cap Fund - Regular Plan - IDCW Reinvest is as follows:

• Name: HDFC Mutual Fund
• Website: https://www.hdfcfund.com/
• Email: cliser@hdfcfund.com
• Contact Number: 1800-3010-6767 / 1800-419-7676
• Address: HDFC House, 2nd Floor, H.T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai - 400020