HDFC Mutual Fund

Overview of Mutual Fund?

Mutual funds allow you to invest in increasingly complex financial markets with ease. Mutual funds can be classified as equity, debt, floating-rate debt, or balanced funds. Mutual funds' success is largely due to the benefits they provide in terms of diversification, competent management, and liquidity. You can quickly carry out transactions and have complete control over your Mutual Funds with the Investment Services Account, which you may access via HDFC NetBanking. In this blog, you can also check out the Systematic Investment Plan (SIP) to know your lump sum amount for your plan.

HDFC is a leading financial services company in India. One of its subsidiaries, HDFC Asset Management Company, offers a variety of mutual fund programs. As HDFC Mutual Fund is one that largely geared towards benefits of investing in mutual funds and provides a diverse range of mutual fund schemes, Investment Services Account (ISA), and Systematic Investment Plan (SIP). It can be easy to calculate your EMI with HDFC Mutual Fund Calculator, HDFC Mutual Fund Login, and also submit essential documents required for investing in HDFC Mutual Fund.

Benefits of investing HDFC Mutual Fund

Flexibility: Systematic investment strategies, systematic withdrawal plans, and dividend reinvestment are all examples of flexibility.
Affordability: The investing approach is available in units, so even a modest investment can gain from it.
Return potential: The fund managers who spot opportunities for your assets to grow.
Low Expenses: The advantages of scale in brokerage, custodial, and other fees result in cheaper fees for investors.
Regulatory: The sector is regulated to protect the interests of investors.

Eligibility check for investing Mutual Funds through the online platform

You must meet the following criteria to be eligible for Invest Now and ISA:

A resident Indian with a single owner HDFC Bank savings account
According to SEBI standards, your PAN must be KYC compliant.
The bank account for an ISA can be either Single or Either/Survivor.

Mutual Fund offered by HDFC Asset Management Company

The funds that have been assessed are supplied in the form of bank fact sheets that are updated on a monthly basis. To understand the HDFC Mutual Fund, read the pointers and table mentioned below:

HDFC Equity Mutual Fund

Open-ended mutual fund schemes that invest in a combination of large-cap, mid-cap, and small-cap equities with the goal of long-term capital appreciation are known as equity mutual funds. These mutual fund schemes are suitable for investors seeking high returns and who are willing to take on the risk of market swings. The following is a list of popular HDFC AMC Equity Mutual Funds:

Name of the fund
3 Year
5 Year
NAV
AUM (Cr)
HDFC Top 100 Fund
8.41%
8.53%
487.69
17475.3
HDFC Equity Fund
7.82%
8.17%
659.24
23230.7
HDFC Mid-Cap Opportunities Fund
3.49%
10.66%
52.92
22825.4
HDFC Small Cap Fund
7.61%
11.98%
40.54
8402.65
HDFC Retirement Savings Fund Equity Plan
8.38%
–
17.39
722.17

HDFC Debt Mutual Funds

Debt Mutual Funds by HDFC are a good option for investors looking for a steady stream of income, as these funds invest primarily in well-rated debt securities with guaranteed returns on maturity. Here's a rundown of some of the best-performing HDFC Debt Mutual Funds:

Name of the fund
3 Year
5 Year
NAV
Fund Size (Cr)
HDFC Credit Risk Debt Fund
7.38
9.29
16.63
15415.47
HDFC Corporate Bond Fund
7.76
7.76
22.08
12320.87
HDFC Short Term Debt Fund
7.76
8.81
22.08
12320.87
HDFC Money Market Fund
7.56
7.85
4097.38
5744.9
HDFC Medium Term Debt Fund 
7.34
8.69
40.08
1033.79

What is ISA?

With an Investment Services Account, you have complete control over your mutual funds, including the ability to buy, sell, and swap funds and mutual fund investment preferences at any time. Enjoy the freedom to invest as you wish for a modest, flat quarterly maintenance charge, with the added convenience of investing from the comfort of your own home via NetBanking.

Features of HDFC Mutual Fund via ISA

Use HDFC Mutual Fund NetBanking to complete the following transactions:
Purchase
Redemption
Switch
HDFC Bank Savings Account is linked to the account that is debited on Mutual Fund purchases.
Customers are authorized and confirmed for NetBanking using a unique Internet Password (IPIN).
All holdings' NAV and other details are easily accessible.
Dividends and redemptions are credited to your account directly.
This service can only be used to redeem Mutual Funds purchased through the Investment Services Account.

Eligibility criteria of HDFC Mutual Fund via ISA

A customer ID is required, the applicant must already have a bank account.
The applicant should be obedient. KYC compliance is now required for all Mutual Fund investments, regardless of the size. Customers who are NRIs (non-face-to-face):
The Indian embassy must attestation the KYC compliant acknowledgment copy.
The status of the Savings Bank Account must be Single or Either/Survivor.
Everyone who has a bank account must sign the Account Opening Application Form.

Systematic Investment Plan (SIP)

SIP is for a Systematic Investment Plan, and it is a method of investing that involves investing a specific amount at regular periods rather than a larger lump sum amount all at once. In this manner, you're not trying to time the market's highs and lows, but rather average the cost of your investment over time. The idea behind SIPs is that when markets collapse, investors automatically acquire additional unlisted securities.

Similarly, as the market rises, they acquire fewer units. This means that when the price is high, you buy less and when the price is low, you buy more. As a result, the average cost per unit decreases with time.

HDFC Mutual Fund Calculator

People can use the HDFC Mutual fund calculator to estimate their savings and see how their SIP investment grows in a virtual setting. The calculator assists people in achieving their objectives within a set time frame. It's also referred to as a SIP Calculator. The income level, the amount that may be saved, and the estimated returns on investment are some of the inputs that must be entered into the calculator.