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.

1. HDFC Retirement Savings Fund Equity Direct Growth has ₹5983 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
2. The fund has an expense ratio 0.9.
   

HDFC Retirement Savings Fund Equity Direct Growth has given a CAGR return of 20.30% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.08%, 19.08% and 30.02% respectively.

HDFC Retirement Savings Fund Equity Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Tech, Securitize, Health, Energy, Consumer Defensive, Basic Materials, Communication, Utilities, Real Estate.

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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

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 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