HDFC Retirement Savings Fund Equity Direct Growth
Hybrid
Direct
Retirement
NAV as on 23-12-2024
₹ 55.42
1D
Inception Returns
21.4%
/yr
About HDFC Retirement Savings Fund Equity Direct Growth
HDFC Retirement Savings Fund Equity Direct Growth is a hybrid fund. This fund was started on 25 February, 2016. The fund is managed by Shobhit Mehrotra, Srinivasan Ramamurthy. This fund gives you the benefit of diversification.
Key Parameters
- HDFC Retirement Savings Fund Equity Direct Growth has ₹6009 Cr worth of assets under management (AUM) as on Nov 2024 and is more than category average.
- The fund has an expense ratio 0.7.
Returns
HDFC Retirement Savings Fund Equity Direct Growth has given a CAGR return of 21.40% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 22.33%, 22.38% and 24.94% respectively.
Holdings
HDFC Retirement Savings Fund Equity Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Tech, Securitize, Health, Consumer Defensive, Basic Materials, Energy, Communication, Utilities.
Taxation
As it is a retirement 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 Retirement Savings Fund Equity Direct Growth
The investment objective of the Scheme is to provide long-term capital appreciation / income by investing in a mix of equity and debt instruments to help investors meet their retirement goals. 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. There is a lock in period for HDFC Retirement Savings Fund Equity Direct Growth of 5 Years
Historical NAV & Returns
HDFC Retirement Savings Fund Equity Direct Growth Overview
| Expense ratio | 0.71% |
Benchmark | IISL Nifty 500 TR INR |
| AUM | ₹6009 Cr |
| Inception Date | 25 February, 2016 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | 5 Years |
TurnOver | 11.82% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (23-Dec-24)
Fund Distribution
as on (30-Nov-24)
- AUM of the fund stands at 6K Cr as of Nov'24
- AUM increased by 39.3 Cr between Nov'24 and Oct'24
Top 3 Sectors in November were Financial Services, Industrial & Consumer Cyclical
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 8.43% | 3.6% | |
 ICICI Bank Ltd | 6.71% | 0% | |
 Axis Bank Ltd | 3.5% | 0% | |
 Reliance Industries Ltd | 3.35% | 25% | |
 Infosys Ltd | 3.24% | 0% |
Mutual Fund Insights
HDFC Retirement Savings Fund Equity Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹6009 Cr
Expense Ratio 0.71%
Frequently Asked Questions for HDFC Retirement Savings Fund Equity Direct Growth
HDFC Retirement Savings Fund Equity Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.41% | 1.41% |
6 Month Returns | 1.77% | 1.77% |
1 Year Returns | 22.33% | 22.33% |
3 Years Returns | 83.3% | 22.38% |
5 Years Returns | 204.42% | 24.94% |
- 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.