HDFC Equity Savings Fund - Growth

( NAV change from the previous, NAV as on )

Launch Date

2004-09-17 00:00:00.0

AUM

NA
(as on date NA)

Benchmark

40% NIFTY 50 Arbitrage Index, 30% NIFTY 50 Index, 30% CRISIL Short Term Bond Fund

Fund Manager

Anil Bamboli, Amar Kalkundrikar

Risk: Moderately High

HDFC Equity Savings Fund Overview

HDFC Equity Savings Fund is an open-ended hybrid scheme under equity savings. The investment objective of HDFC Equity Savings Fund is to generate wealth by investing in a diversified portfolio of equity, money market and debt instruments with arbitrage opportunities. HDFC Equity Savings Fund portfolio focuses on diversified market cap equity investments with debt securities. Also, HDFC Equity Savings Fund portfolio takes arbitrage opportunities like Index/Stock Futures vs Index/Stock Spot and so on. So, HDFC Equity Savings Fund performance offers a risk-adjusted return. Based on HDFC Equity Savings Fund NAV details, you get a clear picture of the fund's return. You can invest in HDFC Equity Savings Fund portfolio for a minimum of Rs. 500 every month. HDFC Equity Savings Fund invests a minimum 65% in equity as well as arbitrage opportunities for a better return.

Eligibility for investing in HDFC Equity Savings Fund

  • Indian citizens.
  • Limited liability partnership.
  • Religious and charitable trusts.
  • Individuals with Indian origin residing abroad (PIOs)or Non-Resident Indians
  • Banking & financial institutions
  • Mutual Funds or any other Alternative Investment Funds, registered under the SEBI.
  • Minor through any parents or a legal guardian.
  • Foreign Institutional Investors (FIIs) which is registered under the SEBI.
  • The Karta of Hindu Undivided Family (HUF)

Documents require for HDFC Equity Savings Fund

KYC Documents-

  • Voter's ID
  • AADHAAR Card
  • Acknowledgment receipt
  • Pan Card
  • Passport Size Photograph

Advantages of HDFC Equity Savings Fund

  • You can easily invest in HDFC Equity Savings Fund growth or HDFC Equity Savings Fund dividend plan. But it is advisable to invest in HDFC Equity Savings Fund growth plan.
  • HDFC Equity Savings Fund portfolio offers huge diversification on a single mutual fund investment.
  • At the time of market fall, HDFC Equity Savings Fund portfolio offers hedging strategies to reduce volatility.
  • You can go for HDFC Equity Savings Fund sip plan of at least Rs. 500 on a monthly basis. So, investing in this fund do not hurt your pocket.
  • Based on HDFC Equity Savings Fund NAV updates, you get a clear idea on HDFC Equity Savings Fund performance since the fund is launched.
  • HDFC Equity Savings Fund investment offers tax benefit and yield risk adjusted stable return.
  • To avail good amount of return from HDFC Equity Savings Fund, you need to invest for a minimum of 18 to 24 months.
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