HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option

About HDFC Mid-Cap Opportunities Fund - Direct Plan - Growth Option

The open-ended equity scheme predominantly invests in mid-cap stocks (up to 65% of assets). The remaining assets will be invested in other equity and equity-related securities to strike a balance in portfolio construction. Through this strategy, the fund aims to generate long-term capital appreciation/income.

Pros and Cons of HDFC Mid-Cap Opportunities Fund - Direct Plan - Growth Option

The five-year returns from the fund are higher than the category average returns. On the other hand, the one-year and three-year returns are lower than the category average returns. The risk-adjusted returns are lower as compared to the category.

Fund Information and Statistics

i) Inception/Launch Date

The fund was launched on 25 June 2007.

ii) Risk Level

The fund is associated with a moderately high risk profile since the primary investment is in mid-cap companies.

iii) Redemption

Lock-in period is not applicable to the principal invested in the fund. Therefore, you can redeem the units whenever required; however, do consider the exit load before redeeming.

iv) Fund Manager

The fund is currently managed by Mr Chirag Setalvad (equities) and Mr Anand Laddha (overseas investment).

v) Entry/Exit Load

Entry load is not applicable for the fund. If you happen to redeem/switch out the fund units within one year from the date of allotment, an exit load of 1% is charged. After completing one year, no exit load is chargeable.

About HDFC Mutual Fund

HDFC Mutual Fund was set up on 30 June 2000. Housing Development Finance Corporation Limited and Standard Life Investments Limited are the sponsors for the fund house. Similarly, HDFC Trustee Company Limited is the trustee company for the fund house. The fund house has an average assets under management (AAUM) worth Rs.3,75,516.41 crore as of 30 September 2020.