HDFC Asset Management Company Ltd., commonly known as HDFC Mutual Fund, holds the distinction of being the largest mutual fund and actively managed equity mutual fund in India.
Renowned for its profitability, HDFC Mutual Fund is a powerhouse in the asset management industry, with an impressive Rs 607,341.91 crore in assets under management as of March 31, 2024, which accounts for 11.37% of the industry's total AUM.
With a vast reach, the company serves over 75,000 distribution partners across 210 branches spanning more than 200 cities in India.
Established with approval from SEBI on June 30, 2000, under registration number MF/044/00/6, HDFC AMC expanded its services to include portfolio management and non-binding investment advisory services from September 18, 2016, under registration code PM/INP000000506.
Among its flagship schemes, HDFC Balanced Advantage Fund, HDFC Mid-Cap Opportunities Fund, and HDFC Liquid Fund stand out in terms of assets under management as of December 2023.
The AMC has a dedicated investment team comprising several highly skilled professionals with a proven track record of performance, stability, and deep business understanding.
With a focus on wealth creation, HDFC Mutual Fund aims to provide fascinating investment opportunities to its investors, with retail investors occupying a prominent position in its customer base.
Investing in HDFC Mutual Funds provides a relatively safer avenue for investors, especially for those new to the financial market. Mutual funds inherently offer diversification benefits, spreading investments across a variety of stocks and assets rather than concentrating funds in a single company's shares. This diversification helps minimize risk by reducing exposure to any one particular investment.
By investing in HDFC Mutual Funds, investors gain access to professionally managed portfolios overseen by experienced fund managers. These experts conduct thorough research and analysis to select a well-balanced mix of securities, aiming to optimize returns. Additionally, HDFC Mutual Funds benefit from the strong brand reputation and credibility of HDFC Group, instilling further confidence among investors.
However, it's important to recognize that all investments, including mutual funds, come with inherent risks. Their performance can be affected by market shifts, economic factors, and external influences, leading to variations in investment value. HDFC Mutual Funds works to mitigate risks via diversification and expert management. Yet, investors must acknowledge the uncertainties linked to financial markets.
By staying informed and conducting research, investors can make well-judged decisions tailored to their needs.
Investing in HDFC Mutual Funds through the Dhan platform offers investors a seamless and efficient process.
- Step 1: First, start by visiting the Dhan platform and initiating the verification process by providing your mobile number and email ID, ensuring secure authentication.
- Step 2: Once verified, upload the necessary documents and complete the e-sign process to digitally sign the required forms, streamlining the investment process.
- Address proof
- PAN card
- Aadhaar
- KYC form
- Passport-size photograph
- Step 3: Upon document approval, navigate to the Mutual Funds section within the app or platform to explore available HDFC Mutual Fund options. Browse through various schemes to align with your investment objectives and risk tolerance.
- Step 4: Choose between SIP (Systematic Investment Plan) or Lumpsum investment options. When opting for SIP, select the desired frequency and amount, allowing for customization based on financial goals and budget. Alternatively, specify the lump sum amount for immediate investment, tailored to individual preferences.
- Step 5: After selecting the desired HDFC Mutual Fund scheme and investment mode, proceed to allocate the investment amount.
- Step 6: To finalize the transaction, authenticate using the OTP (One-Time Password) sent to your registered mobile number, ensuring a secure and seamless investment process.
When investing in HDFC Mutual Funds, investors have the choice between SIP for regular, fixed investments or Lumpsum for a one-time investment. With SIP, investors can spread their investments over regular intervals, utilizing the rupee-cost-averaging strategy to minimize the impact of market volatility. This approach allows investors to purchase more units when prices are low and fewer units when prices are high, potentially lowering the average cost per unit over time.
Additionally, to estimate the potential returns from SIP investments, investors can utilize the
HDFC SIP calculator.
Whether you're seeking regular investments or a one-time opportunity, HDFC's MF offers flexible SIP and lump sum options that cater to everyone's unique financial goals.