HDFC Retirement Savings Fund Equity Plan Direct Growth is a Speciality Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was introduced to investors on 25 Feb 2016. Shobhit Mehrotra, Chirag Setalvad, Rakesh Vyas is the Current Fund Manager of HDFC Retirement Savings Fund Equity Plan Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹878 Cr and the Latest NAV as of 03 Apr 2020 is ₹12.97.
The HDFC Retirement Savings Fund Equity Plan Direct Growth is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Nil.
The investment objective of the Investment Plans offered under the Scheme is to generate a corpus to provide for pension to an investor in the form of income to the extent of the redemption value of their holding after the age of 60 years by investing in a mix of securities comprising of equity, equity related instruments and/or Debt/Money Market instruments.