HDFC Equity Direct Plan Growth is a Equity Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Prashant Jain is the Current Fund Manager of HDFC Equity Direct Plan Growth.The fund currently has an Asset Under Management(AUM) of ₹22,491 Cr and the Latest NAV as of 22 Oct 2019 is ₹677.36.
The HDFC Equity Direct Plan Growth is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year.
Investment Objective
Aims at providing capital appreciation through investments predominantly in equity oriented securities
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Scheme Information Document(SID)
₹5000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 1% if redeemed within 1 year
Exit Load