HDFC Mutual Fund: Latest Schemes, NAV, Returns 2023

HDFC Mutual Fund: Latest Schemes, NAV, Returns 2023

HDFC Mutual Fund: Unveiling Investment Opportunities

HDFC Mutual Fund, the largest and most dynamic mutual fund in India, stands as a beacon of financial prowess. As the country's leading asset management company (AMC), HDFC Mutual Fund manages assets worth an impressive Rs. 4.8 trillion as of March 31, 2023. Over the past 5 years, the company has exhibited remarkable Compound Annual Growth Rates (CAGR) in key financial metrics:

  • Revenue from operators: 17.41%

  • Operating profit: 20.08%

  • Profit before tax: 21.35%

  • Profit after tax: 21.07%

  • Assets under management (AuM): 25.86%

  • Active equity AuM: 32.27%

Key Figures for HDFC Mutual Fund (As of Mar 31, 2023)

  • Total AuM: Rs. 4.8 Trillion

  • Branches: 210

  • Distribution Partners: 75,000+

  • Cities Covered: 200+

HDFC Asset Management Company Ltd. received approval from SEBI on June 30, 2000, to operate as an AMC, and since then, it has been a stalwart in the financial landscape. In addition to mutual funds, the company also offers portfolio management and non-binding investment advisory services.

Leadership and Team

HDFC Mutual Fund boasts a stellar team of fund managers, steering the ship toward success. Here are some key personalities:

  1. Mr. Chirag Setalvad:

    • Fund Manager since 2000

    • Manages Rs. 57,928 Crore

    • Manages 15 schemes including Small Cap Fund, Retirement Savings Fund, and Mid-Cap Opportunities Fund

  2. Mr. Prashant Jain:

    • Fund Manager since 2003

    • Manages Rs. 90,640 Crore

    • Manages 17 schemes including HDFC Balanced Advantage Fund (managed for 25 years)

  3. Mr. Vinay R. Kulkarni:

    • Fund Manager since 2006

    • Manages Rs. 14,950 Crore

    • Manages 10 schemes including Equity Savings Direct Plan and Focused 30 Fund

  4. Mr. Shobhit Mehrotra:

    • Fund Manager since 2004

    • Manages Rs. 36,709 Crore

    • Manages 22 schemes including Retirement Savings Fund and Credit Risk Debt Fund

  5. Mr. Anupam Joshi:

    • Fund Manager since 2015

    • Manages Rs. 1.23 Lakh Crore

    • Manages 11 schemes including Corporate Bond and Low Duration Fund

  6. Mr. Anil Bamboli:

    • Fund Manager since 2003

    • Manages Rs. 44,541 Crore

    • Manages 22 schemes including Banking and PSU Debt Fund and Gilt Fund

How to Invest in HDFC Mutual Fund

Investing in HDFC Mutual Fund can be done both online and offline. For online investments on Groww, follow these steps:

  1. Log in or register on Groww.

  2. Upload identity and address proof documents.

  3. Select investment period and risk appetite.

  4. Choose your preferred HDFC Mutual Fund.

  5. Click "Invest One Time" for lump sum investment or "Start SIP" for systematic investment.

Investing in HDFC Mutual Fund opens doors to a world of financial growth and stability. Explore other AMCs and their schemes for a diversified investment portfolio.

HDFC Mutual Fund: Unveiling Investment Opportunities

HDFC Mutual Fund, the largest and most dynamic mutual fund in India, stands as a beacon of financial prowess. As the country's leading asset management company (AMC), HDFC Mutual Fund manages assets worth an impressive Rs. 4.8 trillion as of March 31, 2023. Over the past 5 years, the company has exhibited remarkable Compound Annual Growth Rates (CAGR) in key financial metrics:

  • Revenue from operators: 17.41%

  • Operating profit: 20.08%

  • Profit before tax: 21.35%

  • Profit after tax: 21.07%

  • Assets under management (AuM): 25.86%

  • Active equity AuM: 32.27%

Key Figures for HDFC Mutual Fund (As of Mar 31, 2023)

  • Total AuM: Rs. 4.8 Trillion

  • Branches: 210

  • Distribution Partners: 75,000+

  • Cities Covered: 200+

HDFC Asset Management Company Ltd. received approval from SEBI on June 30, 2000, to operate as an AMC, and since then, it has been a stalwart in the financial landscape. In addition to mutual funds, the company also offers portfolio management and non-binding investment advisory services.

Leadership and Team

HDFC Mutual Fund boasts a stellar team of fund managers, steering the ship toward success. Here are some key personalities:

  1. Mr. Chirag Setalvad:

    • Fund Manager since 2000

    • Manages Rs. 57,928 Crore

    • Manages 15 schemes including Small Cap Fund, Retirement Savings Fund, and Mid-Cap Opportunities Fund

  2. Mr. Prashant Jain:

    • Fund Manager since 2003

    • Manages Rs. 90,640 Crore

    • Manages 17 schemes including HDFC Balanced Advantage Fund (managed for 25 years)

  3. Mr. Vinay R. Kulkarni:

    • Fund Manager since 2006

    • Manages Rs. 14,950 Crore

    • Manages 10 schemes including Equity Savings Direct Plan and Focused 30 Fund

  4. Mr. Shobhit Mehrotra:

    • Fund Manager since 2004

    • Manages Rs. 36,709 Crore

    • Manages 22 schemes including Retirement Savings Fund and Credit Risk Debt Fund

  5. Mr. Anupam Joshi:

    • Fund Manager since 2015

    • Manages Rs. 1.23 Lakh Crore

    • Manages 11 schemes including Corporate Bond and Low Duration Fund

  6. Mr. Anil Bamboli:

    • Fund Manager since 2003

    • Manages Rs. 44,541 Crore

    • Manages 22 schemes including Banking and PSU Debt Fund and Gilt Fund

How to Invest in HDFC Mutual Fund

Investing in HDFC Mutual Fund can be done both online and offline. For online investments on Groww, follow these steps:

  1. Log in or register on Groww.

  2. Upload identity and address proof documents.

  3. Select investment period and risk appetite.

  4. Choose your preferred HDFC Mutual Fund.

  5. Click "Invest One Time" for lump sum investment or "Start SIP" for systematic investment.

Investing in HDFC Mutual Fund opens doors to a world of financial growth and stability. Explore other AMCs and their schemes for a diversified investment portfolio.

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Managing assets totalling over 1 crore+