HDFC Low Duration Direct Plan Growth Option
Min amount: ₹500
- Fund Summary
- More about Fund
- Related funds
- Why Cleartax
|Fund Type||Low Duration|
More about this fund
|182 DTB 08042021||4.45%|
|State Bank of India||2.69%|
|Power Finance Corporation Limited||2.13%|
|182 DTB 25032021||1.94%|
|8.24% Govt Stock 2027||1.53%|
|91 DTB 04022021||1.52%|
|7.80% Govt Stock 2021||1.5%|
|Muthoot Finance Limited||1.47%|
|Power Finance Corporation Limited||1.31%|
About HDFC Low Duration Fund - Direct Plan - Growth
The main intention of this fund is to generate regular income. This is achieved through investing mostly in high-quality money market and debt instruments such that the Macaulay duration of the portfolio is between 6 to 12 months.
Pros and Cons of HDFC Low Duration Fund - Direct Plan - Growth
Investing in this fund is suitable for individuals looking to earn a regular income. This fund strives to strike a balance between liquidity, yield and safety. Investing in this fund is a good option to store your surplus funds. On the flip side, since the equity exposure is minimal to nil, the returns may be curtailed.
Fund Information and Statistics
i) Inception/Launch Date
HDFC Low Duration Fund - Direct Plan - Growth was launched on 1 January 2013.
ii) Risk Level
HDFC Low Duration Fund - Direct Plan - Growth is categorised under the ‘moderately low risk’ class of mutual funds.
Since HDFC Low Duration Fund - Direct Plan - Growth is an open-ended mutual funds scheme; you can redeem your holdings at any given point of time.
iv) Fund Manager
Mr Anupam Joshi is the current fund manager of HDFC Low Duration Fund - Direct Plan - Growth.
v) Entry/Exit Load
There is no entry load as per the norms of the Indian securities market regulator. There is no exit load as well in order to facilitate instant withdrawals. However, you have to factor tax on capital gains before redeeming your investment.
About HDFC Mutual Fund
HDFC Mutual Fund started offering mutual funds on 10 December 1999, when it registered with the Securities and Exchange Board of India (SEBI) with STANDARD LIFE INVESTMENTS LIMITED and HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED (HDFC Ltd.) as its sponsors. The fund house had assets of worth a massive Rs 3.56 lakh crore as of June 2020.
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Min amount: ₹500
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