HDFC Equity Fund - Direct Plan

Scheme Type
Open-ended
Scheme Category
Large Cap
Benchmark Type
Nifty 500 Index
Scheme AUM (in Crs.)
₹ 20351.76
Expense Ratio
1.07%
Scheme Class
Equity
AMC AUM (in Crs.)
₹ 306360
Min Subscription
₹ 5000
Min Addition Subscription
₹ 1000
Performance
Comparison
Portfolio
Details
Analysis
652.182
(0.25 %)
NAV as on 2018-11-16
Returns
Fund
HDFC Equity Fund - Direct Plan
1 Year
-1.78%
3 Year
12.72%
5 Year
17.61%
AMC Details
amc launch date
Launch Date
30 Jun 2000
amc sponsor
Sponsor
NA
amc email
Email
cliser@hdfcfund.com
amc phone
Phone
022 - 66316333
amc address
Address
HDFC House, 2nd Floor, H.T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai 400020
Tax Implications
Short Term Capital Gain (Holding period < 12months):
17.16% - 17.94%
(15% + Surcharge @ 10%-15% + 4% Health & Education Cess.)
Long Term Capital Gain:
10% without indexation & without foreign currency conversion benefit + Surcharge @10%-15% + 4% Health & Education Cess
Taxation on Dividends:
10%
(Dividend Distribution Tax is paid by the mutual funds and not by investors.)
Risk
Moderately High
Exit Load
Exit load of 1% if redeemed within 1 year
Scheme Information Document (SID)
Read mutual fund scheme information document on AMC website to know fund information in detail.
Objective
The scheme seeks to provide long-term capital appreciation by predominantly investing in high growth companies which enjoy distinct competitive advantages & have superior financial strengths. In order to reduce the risk of volatility, the scheme will diversify across major industries and economic sectors. The scheme will retain the flexibility to invest in the entire range of debt and money market instruments.
Suitability
This product is suitable for investors who are seeking
• capital appreciation over long term.
• investment predominantly in equity and equity related instruments of medium to large sized companies
Fund Analysis
Prashant Jain is someone who has watched the India market closely and believes in the long term prospects rather than near term returns. The performance is visible from the fact that it has been able to generate investor confidence since the last one and a half decade and increase its asset size to more than 21000croroes. The fund currently has also explored the midcap space with its allocation in midcap higher than the peers while not making a huge AUM size an obstacle for returns growth. There is no doubt on its long track record but it would be interesting to see how this strong fund management team is able to keep on generating alpha consistently with such a huge AUM size.
SIP/Lump Sum Calculator
Enter Investment Amount
For how many years?
0.5 Yrs
1,000
Investment per month for 0.5 Years
5,969
Portfolio Value
-31
Total Returns