HDFC Mutual Fund

HDFC Asset Management Company Ltd. or HDFC Mutual Fund is currently the largest mutual fund and actively managed equity mutual fund in India. It is the most profitable asset management company (AMC) in the country as of 31 March, 2018. The company manages assets worth Rs. 3.43 Lakh Crore as of 31 March 2019.
According to SEBI, its net worth stood at Rs. 61,402 Crore, total income at Rs. 35,229 Crore, profit (after tax) at Rs. 12,163 Crore in March 2018.
They registered a profit of Rs. 930 Crore in March 2019, a 31% YoY growth.
HDFC AMC recorded a 16.2% market share in the actively-managed equity oriented schemes in FY 2018-19.

In the last 5 years, the CAGR of:

• Revenue from operators was 17.41%.
• Operating profit was 20.08%.
• Profit before tax was 21.35%.
• Profit after tax was 21.07%.
• Assets under management (AuM) was 25.86%.
• Active equity AuM was 32.27%.

The company has around 210 branches located in more than 200 cities around India. It has 53 Lakh investors with 91 Lakh live accounts.
HDFC Asset Management Company Ltd. received approval to act as an AMC from SEBI back in 30 June 2000 under the registration number MF/044/00/6.

Key information

How can you invest in HDFC Mutual Funds?

Invest in the HDFC Mutual fund is very easy and simple. You can do it by yourself by just sign up on Welathdirect.in website or you can call us, the best financial advisor in Delhi/NCR. Our consultant helps you in selecting the best fund as per your goals. A financial consultant will helps you identify the best growing sectors in Indian economy that will lead you to get maximum returns with less risk factors associated. To connect with best financial advisors in India, please follow the steps below :
Step 1: Click on Sign Up link. Fill your information.
Step 2: Our executive will get in touch with to have one meeting on call or physical.
Step 3: Our experts will suggest you best funds based on the future goals you may have.
Step 4: Once done, you can check your portfolio directly from wealthdirect.in just by login with your credentials.

Top Fund Managers

1. Mr. Chirag Setalvad

Chirag Setalvad has a B.Sc degree in Business Administration from the University of North Carolina.
Not only fund management but he also has extensive experience in investment banking and equity research. He joined HDFC Asset Management Company Ltd. as a Fund Manager in 2000. In 2004, he left the company to become the Vice President at New Vernon Advisory Services Pvt. Ltd.
Chirag Setalvad currently manages Rs. 57,928 Crore in 15 schemes like – Small Cap Fund, Retirement Savings Fund, Multi Asset Fund, Mid-Cap Opportunities Fund, Long Term Advantage Fund, Hybrid Equity Fund, Children’s Gift Fund, etc.

2. Mr. Prashant Jain

Prashant Jain owns a B.Tech degree from the Indian Institute of Technology, Kanpur and a PGDM degree from the Indian Institute of Management, Bangalore. He is also a Chartered Financial Analyst (CFA) from AIMR.
He started his career as a Fund In-Charge at SBI Mutual Fund in 1991.
Mr. Jain joined HDFC Asset Management Company Ltd. as the Head of Equities in 2003. He became the Chief Investment Officer, Executive Director, and Fund Manager in 2004.
As of 2019, Prashant Jain is the only Fund Manager in India to have managed a fund (HDFC Balanced Advantage Fund) for 25 years. The HDFC Balanced Advantage Fund is the largest equity fund in India with an AuM of R. 37,395 crore. As per Morningstar Direct, it has generated an alpha of 9.5% over the Sensex since 1994.
He currently manages an AuM of Rs. 90,640 Crore invested in around 17 HDFC Mutual Funds.

3. Mr. Vinay R. Kulkarni

Vinay R. Kulkarni is a B.Tech from Indian Institute of Technology, Bombay and PGDM from Indian Institute of Management, Bangalore.
He initially began his career as a Software Engineer in Patni Computer Systems Ltd. in 1988. Mr. Kulkarni became a Fund Manager at UTI Asset Management Company Private Ltd. in 1992. He joined HDFC in the same year (2006) as the Senior Fund Manager of Equities.Vinay R. Kulkarni manages an AuM of Rs. 14,950 Crore in 10 HDFC Mutual Funds including Equity Savings Direct Plan, Taxsaver Direct Plan, Focused 30 Fund, Growth Opportunities Fund, etc.

4. Mr. Shobhit Mehrotra

Shobhit Mehrotra holds a B.Tech, MS, and MBA degree from the Clemson University. His primary areas of expertise include credit ratings and fixed income markets.In 1997, he became the Assistant Vice President and Portfolio Manager of Fixed Income at Templeton Asset Management (India) Pvt. Ltd. He joined HDFC Asset Management Company Ltd. in 2004 as the Head of Credit and Senior Fund Manager of Fixed Income.
Shobhit Mehrotra manages an AuM of Rs. 36,709 Crore invested in 22 HDFC schemes like Retirement Savings Fund, Medium Term Debt Fund, Credit Risk Debt Fund, Floating Rate Debt Fund, Income Direct Plan, Medium Term Debt Fund, etc.

5. Mr. Anupam Joshi

Anupam Joshi has a PGDBM degree from the Chetana’s Institute of Management & Research. Mehta Investment Intermediates Ltd. back in 2001. Mr. Joshi joined ICAP India Pvt. Ltd. as a Dealer in 2003. He became the Assistant Manager of Fixed Income at Principal PNB Asset Management Company in 2005, where is also played the role of Portfolio Manager. In 2008, he joined IDFC Asset Management Company Private Limited as the Associate Director of Investments, Director of Fund Management, and Fund Manager.
Anupam Joshi is currently the Portfolio Manager and Fund Manager of Fixed Income at HDFC Mutual Fund since 2015. He manages an AuM of Rs. 1.23 Lakh Crore in 11 schemes like Corporate Bond, Low Duration Fund, Liquid Direct Plan, etc.

6. Mr. Anil Bamboli

Anil Bamboli is a Chartered Financial Analyst (CFA) and also holds a B.Com and MMS in Finance degree.
He joined SBI Funds Management Pvt. Ltd. as an Assistant Vice President in 1994. Mr. Bamboli joined HDFC Asset Management Company Ltd. as a Senior Fund Manager in 2003. He manages AuM of Rs. 44,541 Crore in 22 schemes like Banking and PSU Debt Fund, Short Term Debt Fund, Gilt Fund, Money Market Fund, Overnight Fund, Dynamic Debt Fund, Equity Savings, Dynamic PE Ratio Fund of Funds, Multi Asset Fund, etc.
Fund Performance: This fund has consistently beaten its benchmark in Equity Savings segment and provided 8.35% annualized returns in the last 3 years.

HDFC Medium Term Debt Fund Plan Growth

Fund Objective: Seeks to generate income with a view to maximize income while maintaining the optimum balance of Yield , Safety and Liquidity.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 10.44% returns in the last 1 year.

HDFC Hybrid Equity Fund Plan Growth

Fund Objective: The primary objective of the scheme is to generate capital appreciation in the long term through equity investments by investing in diversified portfolio of mid cap and large cap blue chip companies.
Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided 5.62% annualized returns in the last 3 years.

HDFC Short Term Debt Fund Plan Growth

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 10.28% returns in the last 1 year.

HDFC Top 100 Fund Plan Growth

Fund Objective: To generate long term capital appreciation by investing in a portfolio of equities and equity linked instruments drawn from the BSE 200 Index.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -1.44% returns in the last 1 year. This is one of the best Equity mutual fund in India.

HDFC Balanced Advantage Fund Plan Growth

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 0.73% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹5,000. Minimum SIP investment amount for this scheme is ₹500. This is one of the best Hybrid mutual fund in India.

HDFC Dynamic PE Ratio Fund of Funds Growth

Fund Objective: The Scheme seeks to generate regular income through investments in debt & money market instruments, along with capital appreciation throughlimited exposure to equity and equity related instruments.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 2.11% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹5,000. Minimum SIP investment amount for this scheme is ₹500. This is one of the best Others mutual fund in India.

HDFC Small Cap Fund Growth

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -14% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹5,000. Minimum SIP investment amount for this scheme is ₹500. This is one of the best Equity mutual fund in India.