HDFC Retirement Savings Fund Hybrid Equity Plan Direct Growth is a Solution Oriented 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 Hybrid Equity Plan Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹334 Cr and the Latest NAV as of 18 Oct 2019 is ₹17.68.
The HDFC Retirement Savings Fund Hybrid Equity Plan Direct Growth is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Nil.
Investment Objective
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.
Tax Implications
Lock-in for 5 years or retirement, whichever is earlier. If average equity holding is >65%, 10% (After 1 year as per LTCG). If average equity holding is <65%, 20% with indexation benefit (post 3 years).
Scheme Information Document(SID)
₹5000
Min for First Investment
₹1000
Min for Second Investment