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Best HDFC Equity Mutual Funds

HDFC Mutual Fund is one of the largest fund houses in India in terms of assets under management (AUM). It began operations in 1999 as a joint venture between Housing Development Finance Corporation (HDFC) and Standard Life Investment Limited (SLI).

This asset management company offers more than 100 mutual fund schemes under various channels. Its categories of MF include ETFs, debt schemes, hybrid schemes, and the best HDFC equity mutual funds, among others.

Equity funds are a kind of mutual fund that invests primarily in stocks of different companies across market capitalisations. Here, the performance of the underlying companies in a fund’s portfolio determines its returns. 

Based on their investment objectives, investors can choose the best HDFC equity mutual fund from a variety of schemes. These include small-cap funds, mid-cap funds, large and mid-cap funds, and large-cap funds, among several others.

Like any mutual fund investment, investing in equity mutual funds has its benefits and drawbacks. The best HDFC equity mutual funds distribute wealth in equity and other related instruments with the potential to generate significant returns.

Typically, an equity fund holds approximately 40-50 stocks in its portfolio. Therefore, it effectively lowers the concentrated risk of investment.

Equity funds primarily cater to investors who seek to maximise capital appreciation in the long run through a diversified portfolio. 

All equity instruments are inherently volatile. Therefore, equity mutual fund’s downsides include a moderate to high-risk quotient, depending on market conditions. These mutual funds are deemed suitable for investors with long-term horizons and a considerable risk appetite.

Currently, HDFC Mutual Fund has more than 5 schemes under its category of equity funds.

Taxability

Prior to investing in the top HDFC equity mutual funds, it is vital that prospective investors know their tax treatment.

Short-term Capital Gains Tax: When investors sell their MF units before a holding period of 1 year, the returns attract a short-term capital gains tax. This STCG tax is applicable at a flat rate of 15%, irrespective of an investor’s tax bracket.

Long-term Capital Gains Tax: LTCG tax is levied on the redemption of equity fund units after a holding period of 1 year. Here, capital gains worth up to Rs.1 lakh a year are exempt from taxation. On the other hand, capital gains of more than Rs.1 lakh attract long-term capital gains tax at 10% without indexation benefits.

TDS: When investing in the best HDFC equity mutual funds, investors must know that dividend payouts exceeding Rs.5,000 are taxed at a rate of 10%.

ELSS: Investments in ELSS up to Rs.1.5 lakh in a financial year is exempt from tax under section 80C. 

Factors to Consider Before Investing

Alongside their taxability, an investment in equity funds also calls for prospective investors to examine numerous other parameters.

Financial objective: When investing in any fund, it is vital to ascertain your investment objective. Premised upon your financial goals, you can select any of the best HDFC equity mutual funds that align with them. Moreover, it is critical to determine a timeframe for accomplishing these goals.

Expense ratio: Like any other organisation, mutual fund houses incur annual expenses, such as administrative costs and management fees. Therefore, they levy a fee known as the expense ratio. This aggregate expense is expressed in percentage. Let’s say an equity mutual fund offers 7.67% returns and charges 1.25% as the expense ratio. Therefore, it delivers actual returns worth 6.42% to its investors.

Exit load: Asset management companies charge an exit load from investors if they divest from a scheme within a particular tenure. Generally, most fund houses levy this fee if investors sell their mutual fund units within 1 year from the date of purchase. This fee varies based on the type of MF plan. However, some schemes may not feature any exit load. It is, therefore, wise to check these aspects of an equity mutual fund before investing.

Past performance of the fund: It is essential to evaluate an equity fund’s previous performance prior to investment. However, prospective investors must note that a fund may or may not sustain its past performance in the future. Therefore, this parameter cannot be used to determine probable returns. That being said, the previous performance of a scheme offers valuable insights into its bullish and bearish trends under various market conditions. 

Experience of the fund manager: A review of an equity fund manager’s experience can indicate if your investment is in competent hands. Furthermore, it reveals his/her ability to manoeuvre an equity fund across various market cycles.

Portfolio analysis: Every mutual fund has a stated investment mandate to declare certain information about its asset allocation. As a result, you can examine a fund’s allocation of assets between large and small companies as well as their growth prospects. Therefore, when investing in the best HDFC equity mutual funds, investors must analyse their portfolios and gauge their associated risks. 

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Top 10 Hdfc Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
HDFC Small Cap FundEquityVery High67.2%3₹13,182
HDFC Short Term Debt FundDebtModerate4.7%4₹19,407
HDFC Mid-Cap Opportunities FundEquityVery High42.3%2₹31,629
HDFC Top 100 FundEquityVery High36.8%2₹21,596
HDFC Index FundOtherVery High32.5%3₹4,085
HDFC Balanced Advantage FundHybridVery High35.7%2₹42,776
HDFC Liquid FundDebtModerate3.2%3₹45,580
HDFC Capital Builder Value FundEquityVery High41.5%2₹5,429
HDFC Index Sensex FundOtherVery High30.5%4₹2,754
HDFC Flexi Cap FundEquityVery High46.9%2₹27,105
HDFC Taxsaver FundEquityVery High43.5%1₹9,449
HDFC Floating Rate Debt FundDebtModerate4.8%3₹25,466
HDFC Hybrid Equity FundHybridVery High31.3%3₹18,986
HDFC Arbitrage FundHybridLow4.5%2₹7,880
HDFC Equity Savings FundHybridModerately High22.0%4₹2,516
View All Top 10 Hdfc Mutual Funds

Let's have a closer look

Now let us jump and check about these top 10 mutual fund schemes.

HDFC Small Cap Fund Direct Growth

Fund Performance: The HDFC Small Cap Fund has given 20.49% annualized returns in the past three years and 20.76% in the last 5 years. The HDFC Small Cap Fund belongs to the Equity category of HDFC Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in HDFC Small Cap Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹13,182Cr
1Y Returns67.2%

HDFC Short Term Debt Fund Direct Plan Growth

Fund Performance: The HDFC Short Term Debt Fund has given 8.75% annualized returns in the past three years and 7.86% in the last 5 years. The HDFC Short Term Debt Fund belongs to the Debt category of HDFC Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in HDFC Short Term Debt Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹19,407Cr
1Y Returns4.7%

HDFC Mid Cap Opportunities Direct Plan Growth

Fund Performance: The HDFC Mid-Cap Opportunities Fund has given 20.06% annualized returns in the past three years and 16.23% in the last 5 years. The HDFC Mid-Cap Opportunities Fund belongs to the Equity category of HDFC Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in HDFC Mid-Cap Opportunities Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹31,629Cr
1Y Returns42.3%

HDFC Top 100 Fund Direct Plan Growth

Fund Performance: The HDFC Top 100 Fund has given 13.94% annualized returns in the past three years and 14.27% in the last 5 years. The HDFC Top 100 Fund belongs to the Equity category of HDFC Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in HDFC Top 100 Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹21,596Cr
1Y Returns36.8%

HDFC Index Fund Nifty 50 Plan Direct Growth

Fund Performance: The HDFC Index Fund has given 17.13% annualized returns in the past three years and 16.94% in the last 5 years. The HDFC Index Fund belongs to the Other category of HDFC Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in HDFC Index Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹4,085Cr
1Y Returns32.5%

HDFC Balanced Advantage Fund Direct Plan Growth

Fund Performance: The HDFC Balanced Advantage Fund has given 14.58% annualized returns in the past three years and 12.6% in the last 5 years. The HDFC Balanced Advantage Fund belongs to the Hybrid category of HDFC Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in HDFC Balanced Advantage Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹42,776Cr
1Y Returns35.7%

HDFC Liquid Direct Plan Growth

Fund Performance: The HDFC Liquid Fund has given 4.82% annualized returns in the past three years and 5.66% in the last 5 years. The HDFC Liquid Fund belongs to the Debt category of HDFC Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in HDFC Liquid Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹45,580Cr
1Y Returns3.2%

HDFC Capital Builder Value Fund Direct Plan Growth

Fund Performance: The HDFC Capital Builder Value Fund has given 15.32% annualized returns in the past three years and 15.89% in the last 5 years. The HDFC Capital Builder Value Fund belongs to the Equity category of HDFC Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in HDFC Capital Builder Value Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹5,429Cr
1Y Returns41.5%

HDFC Index Sensex Direct Plan Growth

Fund Performance: The HDFC Index Sensex Fund has given 17.38% annualized returns in the past three years and 17.67% in the last 5 years. The HDFC Index Sensex Fund belongs to the Other category of HDFC Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in HDFC Index Sensex Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹2,754Cr
1Y Returns30.5%

HDFC Flexi Cap Direct Plan Growth

Fund Performance: The HDFC Flexi Cap Fund has given 16.29% annualized returns in the past three years and 15.64% in the last 5 years. The HDFC Flexi Cap Fund belongs to the Equity category of HDFC Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in HDFC Flexi Cap Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹27,105Cr
1Y Returns46.9%

HDFC Taxsaver Direct Plan Growth

Fund Performance: The HDFC Taxsaver Fund has given 14.35% annualized returns in the past three years and 12.81% in the last 5 years. The HDFC Taxsaver Fund belongs to the Equity category of HDFC Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in HDFC Taxsaver Fund via lump sum is ₹500 and via SIP is ₹500.

Min Investment Amt₹500
AUM₹9,449Cr
1Y Returns43.5%

HDFC Floating Rate Debt Fund Direct Plan Growth

Fund Performance: The HDFC Floating Rate Debt Fund has given 7.7% annualized returns in the past three years and 7.35% in the last 5 years. The HDFC Floating Rate Debt Fund belongs to the Debt category of HDFC Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in HDFC Floating Rate Debt Fund via lump sum is ₹5,000 and via SIP is ₹1,000.

Min Investment Amt₹5,000
AUM₹25,466Cr
1Y Returns4.8%

HDFC Hybrid Equity Fund Direct Plan Growth

Fund Performance: The HDFC Hybrid Equity Fund has given 15.56% annualized returns in the past three years and 13.95% in the last 5 years. The HDFC Hybrid Equity Fund belongs to the Hybrid category of HDFC Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in HDFC Hybrid Equity Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹18,986Cr
1Y Returns31.3%

HDFC Arbitrage Fund Wholesale Direct Growth

Fund Performance: The HDFC Arbitrage Fund has given 5.07% annualized returns in the past three years and 5.48% in the last 5 years. The HDFC Arbitrage Fund belongs to the Hybrid category of HDFC Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in HDFC Arbitrage Fund via lump sum is ₹1,00,000 and via SIP is ₹500.

Min Investment Amt₹1,00,000
AUM₹7,880Cr
1Y Returns4.5%

HDFC Equity Savings Direct Plan Growth

Fund Performance: The HDFC Equity Savings Fund has given 11.28% annualized returns in the past three years and 10.71% in the last 5 years. The HDFC Equity Savings Fund belongs to the Hybrid category of HDFC Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in HDFC Equity Savings Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹2,516Cr
1Y Returns22.0%

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