HDFC Equity Savings Fund Direct Growth
Hybrid
Direct
Equity Savings
NAV as on 19-11-2024
₹ 70.22
▲0.2%
1D
Inception Returns
10.7%
/yr
About HDFC Equity Savings Fund Direct Growth
HDFC Equity Savings Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Srinivasan Ramamurthy, Anil Bamboli. This fund gives you the benefit of diversification.
Key Parameters
- HDFC Equity Savings Fund Direct Growth has ₹5463 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
- The fund has an expense ratio 0.9.
Returns
HDFC Equity Savings Fund Direct Growth has given a CAGR return of 10.67% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 15.34%, 10.51% and 12.04% respectively.
Holdings
HDFC Equity Savings Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Government, Consumer Cyclical, Corporate, Industrial, Health, Consumer Defensive, Basic Materials, Tech, Energy, Utilities, Communication, Securitize.
Taxation
As it is a equity savings mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of HDFC Equity Savings Fund Direct Growth
To provide capital appreciation by investing in Equity & equity related instruments, Arbitrage opportunities, and Debt & money market instruments. There is no assurance that the investment objective of the Scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. HDFC Equity Savings Fund Direct Growth has no lock in period.
Historical NAV & Returns
INDmoney Rank for HDFC Equity Savings Fund Direct Growth
HDFC Equity Savings Fund Direct Growth Overview
| Expense ratio | 0.91% |
Benchmark | NIFTY Equity Savings TR INR |
| AUM | ₹5463 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 22.38% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Moderately High risk |
Trailing Returns
as on (19-Nov-24)
Fund Distribution
as on (31-Oct-24)
- AUM of the fund stands at 5.5K Cr as of Oct'24
- AUM increased by 160.6 Cr between Oct'24 and Sep'24
Top 3 Sectors in October were Financial Services, Government & Corporate
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 8.24% | 4% | |
 ICICI Bank Ltd | 4.73% | 10.4% | |
 United Spirits Ltd | 3.21% | -11.4% | |
 Axis Bank Ltd | 2.71% | 4.1% | |
 Titan Co Ltd | 2.45% | 0% |
Mutual Fund Insights
HDFC Equity Savings Fund Direct Growth Highlights
Moderately High risk
About the fund
Fund Allocations
AUM size ₹5463 Cr
Expense Ratio 0.91%
Frequently Asked Questions for HDFC Equity Savings Fund Direct Growth
HDFC Equity Savings Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -1.66% | -1.66% |
6 Month Returns | 4.61% | 4.61% |
1 Year Returns | 15.34% | 15.34% |
3 Years Returns | 34.95% | 10.51% |
5 Years Returns | 76.54% | 12.04% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 83.13 |
AA | 16.87 |