HDFC Income Fund -Direct Plan - Growth Option
Min amount: ₹500
- Fund Summary
- More about Fund
- Related funds
- Why Cleartax
|Fund Type||Medium to Long Duration|
|Exit Load||0.25% for 31 Days|
More about this fund
|5.77% GOI 2030||15.09%|
|6.19% Govt Stock 2034||9.02%|
|7.57% Govt Stock 2033||6.44%|
|6.68% Govt Stock 2031||6.03%|
|Punjab National Bank||5.99%|
|6.67% Govt Stock 2050||5.2%|
|5.85% Govt Stock 2030||5.08%|
|7.26% Govt Stock 2029||3.92%|
|6.97% Govt Stock 2026||3.87%|
About HDFC Income Fund - Direct Plan - Growth
The main intention of the HDFC Income Fund is to provide returns in the form of capital appreciation in the long run by investing primarily in money market and debt securities. Thereby, making the fund suitable for risk-averse investors.
Pros and Cons of HDFC Income Fund - Direct Plan - Growth
The primary benefit of investing in this fund is that you get exposure to a portfolio which is constituted by various debt, money market and other fixed income securities. On the flip side, since the equity exposure is minimal to nil, the returns offered by this fund can be restricted.
Fund Information and Statistics
i) Inception/Launch Date
HDFC Income Fund - Direct Plan - Growth was launched on 1 January 2013.
ii) Risk Level
HDFC Income Fund - Direct Plan - Growth is categorised under ‘moderately risky’ mutual funds.
Since HDFC Income Fund - Direct Plan - Growth is an open-ended mutual fund; you can redeem your investments at any time.
iv) Fund Manager
Mr Shobhit Mehrotra is the current fund manager of HDFC Income Fund - Direct Plan - Growth.
v) Entry/Exit Load
No entry load is levied in order to comply with the norms of the Indian market watchdog. An exit load of 0.25% is chargeable on redeeming your units within a period of one month. No exit load is levied thereafter.
About HDFC Mutual Fund
HDFC Mutual Fund is one of the largest mutual fund houses in the country. It started offering mutual funds back in December 1999 when it officially registered itself with the Indian market supremo. The fund is being sponsored by Standard Life Investment Limited and Housing Development Finance Corporation Limited. The fund house registered with Securities and Exchange Board of India (SEBI) with HDFC Trustee Company Limited as its trustee.
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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