HDFC Equity Fund Growth - Latest NAV ₹582.829, Returns, Performance & Portfolio

HDFC Equity Fund Growth

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Start your investment

Min amount: ₹300

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 3.96 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years6.84%
5 Years4.65%
3 Years-0.35%
1 Year-9.6%
6 Months19.01%
Fund Details
RiskModerately High risk
Fund TypeMulti-Cap
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
Infosys Ltd8.42%
ICICI Bank Ltd8.34%
State Bank of India7.81%
Larsen & Toubro Ltd5.69%
ITC Ltd4.62%
Power Grid Corp Of India Ltd4.42%
NTPC Ltd4.18%
Coal India Ltd3.74%
Reliance Industries Ltd3.72%
Axis Bank Ltd3.38%

About HDFC Equity Fund

The scheme seeks out to produce capital appreciation / income from the portfolio, primarily invested in equity & equity-related opportunities. The fund has, in the past, been able to reward shareholders with a complex risk appetite and a longer term time horizon. The aggressive investment strategy makes it appropriate only for investors who are prepared to consider high risk and overlook short term deficit, while being persevering with the fund for long term growth.

Benefits of HDFC Equity Fund

HDFC Equity offers the following benefits:

  1. HDFC Equity Fund has about a quarter of its portfolio in mid-cap stocks, with a significant share of at least 70% into large caps.
  2. While selecting stocks, high preference is given to sturdy & emergent establishments that could not only endure, but emerge stronger in distressing times.
  3. The fund's portfolio is branched out across key sectors, with concentration being on stocks and sectors where the fund manager places high trust. (Banks, I.T., Industrial Capital Goods and Power stocks)

Fund Info and Statistics of HDFC Equity Fund

i) Inception / Launch date

The HDFC Equity Fund was first made available in January 1, 1995.

ii) Risk level

The investment in this scheme would be subject to a risk level of Moderately High.

iii) Redemption

Units can be redeemed by a repurchase/buyback by the fund house. Under usual conditions, your fund house will dispatch the redemption proceeds within 10 business days from date of receipt of request.

iv) Fund Manager

Prashant Jain has been managing the HDFC equity since June 2003. Before joining HDFC AMC, he worked with Zurich AMC as well as SBI Mutual Fund. Mr. Jain has a B. Tech. (IIT Kanpur) as well as CFA from AIMR, USA.

v) Entry / Exit load

  1. Entry Load: N.A
  2. Exit Load: 1.00% (Exit Load 1% if units are redeemed / switched-out within 1 year from the date of allotment.)

Tax Benefits of investing in HDFC Equity Fund

The short-term capital gains made on sale of units within 1 year from the date of allotment will be taxed at the rate of 15%. The long term capital gains, over and above Rs 1 lakh, made on sale of units after 1 year from the date of allotment will be taxable at the rate of 10% (without indexation).

About HDFC Asset Management

HDFC Mutual Fund was amalgamated under the Companies Act of 1956, on December 10, 1999. Later, it was approved to act as an Asset Management Company for the HDFC Mutual Fund by SEBI. The registered office of the HDFC AMC is located at Ramon House, 3rd Floor, H.T. Parekh Marg, 169, Backbay Reclamation, Churchgate, Mumbai - 400 020.

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Frequently Asked Questions

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Start your investment

Min amount: ₹300

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 3.96 Lakhs in a period of 20 years
Moderately High risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns