Top 10 Hdfc Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
HDFC Equity Savings FundHybridModerately High1.9%5star6,885
HDFC Balanced FundHybridModerately High8.3%5star22,109
HDFC Arbitrage FundHybridModerately Low6.1%4star4,267
HDFC Balanced Advantage Fund HybridModerately High-1.9%4star37,157
HDFC Prudence FundHybridModerately High4.5%3star36,720
HDFC Monthly Income Plan - Short Term PlanHybridModerately High3.0%2star301
HDFC Hybrid Debt Fund HybridModerately High-0.9%2star3,753
HDFC Hybrid Equity FundHybridModerately High-11.0%2star21,231
HDFC Arbitrage FundHybridModerately Low6.1%2star3,516
HDFC Multi - Asset Fund HybridModerate-3.0%1star145
View All Top 10 Hdfc Mutual Funds

Best HDFC Hybrid Mutual Funds

Launched on the 10th of December, 1999, HDFC Asset Management Company Ltd. is among the most popular fund houses in India. The company offers an extensive range of mutual funds and is home to some of the most trustworthy fund managers who ensure that your hard-earned money is invested in the right schemes. Whether you seek growth funds, income funds, or even retirement funds, HDFC AMC Ltd. has it all.

HDFC Mutual Fund has left no stone unturned to cater to investors from all walks of life. Be it any financial goal – long-term, short-term, retirement, tax-saving and so on – HDFC has that plan for you.

If we allocate 65 to 80 percent of a fund to equity and assign remaining to debt and similar instruments, then what we get in return is a Hybrid-Equity fund. These funds allow you to enjoy good returns and low-risk rates courtesy their significant allocation in debt funds. Market gurus believe that it is better to invest in these than to go for an equity-debt portfolio as there is no tax imposed on the debt funds in the mix. It has returns that are taxed at 15% if sold before one year, post this period a 10% tax is applicable on the gains.

Purpose: Invest in these funds instead of buying a different kind of equity-debt funds with 60-40 allocations. These funds are best to moderate your risk with a fair return in the high-risk portfolio.

Let's have a closer look

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

HDFC Equity Savings Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Equity Savings segment and provided 11.61% annualized returns in the last 3 years. In the last 1 year, it gave 1.94% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 1.94% returns in the last 1 year. Groww rated this fund as 5 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Anil Bamboli, Vinay Kulkarni, Krishan Daga

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating5star
AUM6,885Cr
1Y Returns1.9%

HDFC Balanced Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided 12.07% annualized returns in the last 3 years. In the last 1 year, it gave 8.25% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 8.25% returns in the last 1 year. Groww rated this fund as 5 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Chirag Setalvad

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating5star
AUM22,109Cr
1Y Returns8.3%

HDFC Arbitrage Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Arbitrage segment and provided 6.45% annualized returns in the last 3 years. In the last 1 year, it gave 6.12% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 6.12% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Krishan Daga

Launch Date31 Dec 2012
Min Investment Amt1,00,000
Groww Rating4star
AUM4,267Cr
1Y Returns6.1%

HDFC Balanced Advantage Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Balanced Advantage segment and provided 13.57% annualized returns in the last 3 years. In the last 1 year, it gave -1.87% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -1.87% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Srinivas Rao Ravuri

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating4star
AUM37,157Cr
1Y Returns-1.9%

HDFC Balanced Advantage Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided 10.68% annualized returns in the last 3 years. In the last 1 year, it gave 4.48% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 4.48% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Prashant Jain

Launch Date30 Dec 2012
Min Investment Amt5,000
Groww Rating3star
AUM36,720Cr
1Y Returns4.5%

HDFC Hybrid Debt Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Equity Savings segment and provided 7.53% annualized returns in the last 3 years. In the last 1 year, it gave 2.97% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 2.97% returns in the last 1 year. Groww rated this fund as 2 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Shobhit Mehrotra, Vinay Kulkarni

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating2star
AUM301Cr
1Y Returns3.0%

HDFC Hybrid Debt Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Conservative segment and provided 8.2% annualized returns in the last 3 years. In the last 1 year, it gave -0.87% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -0.87% returns in the last 1 year. Groww rated this fund as 2 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Prashant Jain, Shobhit Mehrotra

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating2star
AUM3,753Cr
1Y Returns-0.9%

HDFC Hybrid Equity Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided 7.22% annualized returns in the last 3 years. In the last 1 year, it gave -10.96% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -10.96% returns in the last 1 year. Groww rated this fund as 2 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Vinay Kulkarni

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating2star
AUM21,231Cr
1Y Returns-11.0%

HDFC Arbitrage Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Arbitrage segment and provided 6.46% annualized returns in the last 3 years. In the last 1 year, it gave 6.14% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 6.14% returns in the last 1 year. Groww rated this fund as 2 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Krishan Daga

Launch Date3 Apr 2014
Min Investment Amt1,00,000
Groww Rating2star
AUM3,516Cr
1Y Returns6.1%

HDFC Multi - Asset Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Multi Asset Allocation segment and provided 6.23% annualized returns in the last 3 years. In the last 1 year, it gave -3.02% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -3.02% returns in the last 1 year. Groww rated this fund as 1 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Anil Bamboli, Chirag Setalvad

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating1star
AUM145Cr
1Y Returns-3.0%

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What does investing in HDFC Hybrid Mutual Funds actually mean?

Suppose a mutual fund invests in ten stocks and total current market value of these stocks is 1.1 Crore. Out of this, the AMC deducts say, 0.1 Crore for operating the fund (this is known as the expense ratio). So the net value is 1 crore. Now the AMC will divide this 1 Crore into say, 10,000 parts. These parts are known as units. The cost of one unit is 1Cr/10,000 = Rs. 1000. This is known as the Net Asset Value (NAV) of the mutual fund. Suppose the AMC has set a minimum investment requirement of Rs. 500. Then if you pay Rs. 500, you will get 0.5 units of the fund. Remember that the cost of one unit is the cost when you made the purchase. Suppose after one year, the NAV has fallen to Rs. 700 per unit and you wish to exit the fund (also known as redemption), then you sell your 0.5 units back to the AMC and get 0.5 x Rs. 700 = Rs. 350 back. Yes, you invested Rs. 500 and got back Rs. 350 – a loss of 150 over a year. The point is, that you buy units at current NAV and sell units (fully or partially) at current NAV. This is what investing in mutual fund actually means.

How to invest in HDFC Mutual Funds on Groww?

One of the best ways to hedge against the small-cap volatility is to adopt a phased approach, also known as Systematic Investment Plan (SIP) approach. We are sure that you must be aware of SIP and its benefits. Buying in small quantity but buying regularly provides you with faster growth. On Groww.in, all transactions to and from AMC is done via BSE. When you decide to invest in a large cap mutual fund of your choice, you choose that mutual fund on the website and click ‘invest’. Following that, you are redirected to the BSE page where you make the payment. BSE then directs your money to the AMC managing your mutual fund. To be assured at your end, you can visit the individual AMC website after the payment. You would be able to see all your purchased units against your folio number.

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Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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