HDFC Flexi Cap Fund -Direct Plan - Growth Option

About HDFC Equity Fund - Direct Plan - Direct Plan - Growth

The primary intention of HDFC Equity Fund is to create considerable returns in the form of capital appreciation in the long run by making the asset allocation of the portfolio mainly towards equity and equity-linked securities.

Pros and Cons of HDFC Equity Fund - Direct Plan - Direct Plan - Growth

The most significant advantage of investing in HDFC Equity Fund is that you get exposure to a portfolio which is constituted by including equity and equity-linked securities issued by companies across all sectors and market capitalisations. On the flip side, the risk possessed by this fund is on the higher side, and hence, risk-averse investors must be aware of the various risks that this fund comes attached with.

Fund Information and Statistics

i) Inception/Launch Date

HDFC Equity Fund - Direct Plan - Direct Plan - Growth was launched on 1 January 2013.

ii) Risk Level

HDFC Equity Fund is categorised under the ‘moderately high risk’ class of mutual funds. However, this fund is less risky as compared to sectoral or thematic mutual funds.

iii) Redemption

Since HDFC Equity Fund is an open-ended mutual fund scheme, you can redeem your investments at any time.

iv) Fund Manager

Mr Prashant Jain is the current fund manager of HDFC Equity Fund.

v) Entry/Exit Load

An exit load of 1% will be charged if the redemption is made within one year from the date of allocation. No exit load applies after a period of one year.

About HDFC Mutual Fund

HDFC Mutual Fund was incorporated back in the year 1999 as a result of a joint venture between Standard Life Investments Limited (SLI) and Housing Development Finance Corporation Limited (HDFC). These entities are also the sponsors of the HDFC Mutual Fund. It registered with the Securities and Exchange Board of India (SEBI) with HDFC Trustee Company Limited as its trustee.