HDFC Mutual Fund is one of the 44 mutual fund houses in the country. HDFC Asset Management Company (HDFC AMC) was set up in 1999 as a joint venture between Housing Development Finance Corporation Limited (“HDFC”) and Standard Life Investments Limited (“SLI”). The company was listed during the financial year ended March 31, 2019.
According to their website, the retail and international customer base consists of 9.3 million live accounts.
The AMC has a fund each in almost all mutual fund categories. At the end of December 2020, the AMC had Rs 3,84,170.04 crores of assets under management (AUM), making it the second-largest AMC by AUM.
Below is a list of the best HDFC mutual fund for the SIP facility. Do note that every scheme’s minimum eligible SIP amount may be different. Monthly SIPs start as low as Rs 100 per month and can go up to Rs 2,000 per month as well, or even higher. The minimum SIP application amount is completely dependent on the AMC, the fund manager of the scheme and the objective of the same.
Disclaimer: These might be the best HDFC mutual fund to invest in 2022. Please note that the fund house may add or remove any of these funds or change the characteristics. This is also not a recommendation to invest in these funds. This is solely for informational purposes only.
HDFC AMC has around 9 equity mutual funds across different categories: large-cap, mid-cap, small-cap, ELSS and more. Click on the links to find out more details about the funds like returns, expense ratio, respective fund managers and more.
There are around 16 best HDFC mutual fund for SIP in the debt fund category.
The AMC also has fund of funds (FoF), hybrid funds and index funds as a part of its offerings which a SIP facility.
Fund of Funds
Index Funds
This is the list for the best sip plan in hdfc mutual fund as last updated on December 15. The fund house may make changes to their offerings.
There are no specific factors to consider before investing in an SIP belonging to a particular AMC. Keeping the broader product structure in mind, we can list the following factors:
Month 1
SIP in an ELSS Scheme: Rs 1,000
Date: January 15, 2021
Lock-in: January 15, 2024
Month 2
SIP in an ELSS Scheme: Rs 1,000
Date: February 15, 2021
Lock-in: February 15, 2024
To put this into words, every monthly SIP instalment will have a lock-in period of three years. So the investment made in January 2021 will be available for withdrawal only in January 2024. This will go on for every investment.
Whether its the best HDFC SIP Plan, or any other AMC, the basic homework before making an investment always remains the same. Understand your personal investor profile and the product to make an informed investment.
Happy Investing!