| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.27% |
| NAV | ₹39.06 (07 Aug 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹3,071 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 7.4% |
| National Thermal Power Corp. Ltd. | Energy | Equity | 4.8% |
| Reliance Industries Ltd. | Energy | Equity | 4.5% |
| Infosys Ltd. | Technology | Equity | 3.5% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.2% |
| ICICI Bank Ltd. | Financial | Equity | 3.2% |
| State Bank of India | Financial | Equity | 3.1% |
| HDFC Bank Ltd. | Financial | Equity | 2.7% |
| Punjab National Bank | Financial | ZCB | 2.5% |
| Sun Pharmaceutical Inds. Ltd. | Healthcare | Equity | 2.2% |
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 ₹3,071 Cr and the Latest NAV as of 07 Aug 2020 is ₹39.06.
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 investment objective of the scheme is to provide capital appreciation and income distribution to the investors using arbitrage opportunities, investment in equity / equity related instruments 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.