|Min SIP Amount||₹500|
|NAV||₹40.10 (23 Oct 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹2,801 Cr|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||8.3%|
|Reliance Industries Ltd.||Energy||Equity||6.0%|
|ICICI Bank Ltd.||Financial||Equity||3.4%|
|State Bank of India||Financial||Equity||3.3%|
|Larsen & Toubro Ltd.||Construction||Equity||3.1%|
|HDFC Bank Ltd.||Financial||Equity||2.9%|
|Punjab National Bank||Financial||ZCB||2.8%|
|National Thermal Power Corp. Ltd.||Energy||Equity||2.8%|
|Sun Pharmaceutical Inds. Ltd.||Healthcare||Equity||2.6%|
HDFC Equity Savings Direct Plan Growth is a Hybrid Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Anil Bamboli, Vinay Kulkarni, Krishan Daga is the Current Fund Manager of HDFC Equity Savings Direct Plan Growth fund.The fund currently has an Asset Under Management(AUM) of ₹2,801 Cr and the Latest NAV as of 23 Oct 2020 is ₹40.10.
The HDFC Equity Savings Direct Plan Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. For units in excess of 15% of the investment, 1% will be charged for redemption within 365 days
The scheme seeks to provide capital appreciation by investing in Equity & equity related instruments, Arbitrage opportunities, and Debt & money market instruments.
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.