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||Prashant Jain, Chirag Setalvad, Rakesh Vyas|
|Legal Structure||Open Ended Investment Company|
|Risk Level||High Risk|
|ICICI Bank Ltd||9.64%|
|State Bank of India||9.47%|
|Larsen & Toubro Ltd||9.26%|
It is an equity mutual fund scheme that was launched by HDFC mutual fund. , it was introduced on 1st Jan 2013 to its investors. Currently, the fund is managed by Shrinivas Rao Ravuri. Also, the fund growth is rated high risk. The minimum SIP investment is INR 500, and, lumpsum investment is INR 5000.
The objective is to seek long-term capital-appreciation by investing pre-dominantly in equity & equity-related securities of companies engaged/expected to benefit from growth & development of infrastructure.
1-year returns are higher than the benchmark
HDFC Mutual fund is one of the leading names in the field of the mutual fund industry. It’s one of the most profitable AMC in India in terms of net profits. Since, its inception, this AMC is the second to list on the stock exchanges of our country. It has more than Rs 3 lakh crore of assets under management. Its profit has grown every year after the start of its operation.