1 Year Return
as 23rd Jan 2020
Min. SIP Amount
Profit (absolute return)
Min Lumpsum Amount
1.00% if redeemed within 12 months.
|Fund Managers||Chirag Setalvad, Chirag Setalvad|
|Legal Structure||Open Ended Investment Company|
|Risk Level||Moderately High risk|
|HDFC Bank Ltd||9.17%|
|ICICI Bank Ltd||7.25%|
|Housing Development Finance Corp Ltd||5.40%|
|Larsen & Toubro Ltd||3.23%|
It’s an open-ended hybrid scheme which predominantly invest in the equity and equity related scheme. The prime objective of the scheme is to generate capital appreciation/income from a portfolio, predominantly of equity and equity related instruments. It mainly invests in mid cap and large cap blue chip companies.
These schemes are basically an aggressive hybrid scheme which are expected to deliver around 12% CAGR returns, if investors stay invested for three to five years.
If an investor invests for long term, then they are likely to get decent return.
The scheme is the third largest fund in the category, managing assets worth Rs 21,151 crore till 31st July 2019.
Inception and Launch date:
The Scheme was launched on 6th April 2005. Earlier it was known as HDFC Balanced Fund and then it was merged with HDFC premier . Afterwards, its name is changed to HDFC Hybrid equity fund.
access the level of scheme as moderately high.
Investor can redeem with minimum amount of Rs 500. All the redemption request is settled within 10 business days from the day of request.
The fund is managed by Mr. Chirag Setalvad. He joined HDFC Asset Management in March 2007. He is well known in the industry due to his investment skills, a fact reflected in the performance of HDFC Mid scheme. The scheme has generated about 47% absolute gains in the past three years and 11% return in the past one year. Prior to this, he was associated with New Vernon Advisory Services.
Entry/ Exit Load:
The fund house charged 1% for redemptions within 365 days, if the redemption units is excess of 15% of the investment. But after the 365 days, there will be no exit load.