Established in 1999, HDFC Mutual Fund, formerly known as HDFC Asset Management Company Limited, is one of India's leading mutual fund houses. With assets under management totalling Rs. 6,21,043.6 crore as of December 2023, it holds an impressive 11.25% share of the industry's AUM. HDFC AM is a joint venture between HDFC Limited and abrdn Investment Management Limited.
HDFC AMC offers approximately 85 primary schemes. It consists of 47 equity funds, 24 debt funds, and 11 hybrid funds. The remaining 3 schemes include ETFs (Exchange Traded Funds), FOFs (Fund of Funds) and gold funds. Popular schemes like HDFC Balanced Advantage Fund, HDFC Mid-Cap Opportunities Fund, and HDFC Liquid Fund are among its top performers.
"HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai - 400020
1800 3010 6767, 1800 419 7676
Available from 9.00 am to 6.00 pm (Monday to Friday) and 9.00 am to 1.00 pm (Saturday)
Investing in HDFC Mutual Fund through INDmoney is easy and budget-friendly, tailored to suit your needs. Follow the steps below to start investing:
Step 1: Download the INDmoney app and create your free investment account by completing your KYC (Know Your Customer) process.
Step 2: Once your free investment account is ready, you can either search for HDFC Mutual Fund or go to the mutual fund section.
Step 3: Choose any HDFC Mutual Fund by looking at aspects like past returns, volatility, downside capture ratio, AUM, expense ratios, and underlying stocks and sectors.
Step 4: You can choose to set up an SIP (Systematic Investment Plan) in any HDFC Mutual Fund or even invest as a lump sum. Once you are on the individual HDFC Mutual Fund page, click at the bottom "One-time" for a lump sum investment or "SIP" for a systematic investment plan.
Step 5: Choose the amount that you want to invest, either through SIP or lump sum.
Step 6: Set up payments. If you choose to set up an SIP in any HDFC Mutual Fund, you can do a free automatic payment setup via bank mandate or UPI. If you choose to invest in a lump sum (one-time), you can pay via UPI, net banking, NEFT, or RTGS.
As of December 2023, HDFC Mid-Cap Opportunities Fund, HDFC Liquid Fund, and HDFC Balanced Advantage Fund are the top-performing schemes in AUM terms.
The minimum amount required to start investing in an HDFC Mutual Fund is Rs. 100. With this amount you start investing either through SIP or lumpsum investment method.
Yes, you can increase your SIP amount in HDFC Mutual Funds through the step-up option available in the INDMoney app for each HDFC Mutual Fund scheme.
You need to submit your address proof and identity proof documents to invest in HDFC Mutual Funds via the INDMoney app.
The HDFC Mutual Fund allows you to pause your investment for around 3 months. If you have invested directly, you will need to fill out an online SIP pause form through the INDMoney platform and mention the duration for stopping your SIPs.
Analyse your mutual fund portfolio with INDstories using INDMoney app