Came the 21st Century, came the thunder of HDFC Mutual Fund and has now grown to fill the pocket of investors with mounting returns. Given the nod to function as an asset management company by SEBI vide its letter dated July 3, 2000, HDFC MF has been taking care of a variety of investment needs. With an experience spanning close to 2 decades, the fund house has responded to the emerging needs by customizing its overall offers.
It has schemes appealing to investors with a higher risk-taking capacity to someone with a lesser risk appetite. So, let’s read all about them here.
Subscribe to Best Equity Funds to Balloon Your Returns
So when you choose to invest in these funds, you give yourself a great chance to rake in big returns. It’s because a majority of the fund corpus is diversified across a multitude of equity and equity-related securities, which have the potential to lift the value of your investment over time. At HDFC MF, you have a bundle of top-performing equity funds to count upon. Let’s bring some of them here.
HDFC Retirement Savings Fund – Equity Plan
Wishing for a merry post-retirement life? Come and subscribe to HDFC Retirement Savings Fund – Equity Plan, which is an open-ended tax-saving cum pension scheme. Just to strike a balance between returns and safety, the fund invests in a wide range of equity, debt and money-market instruments. The accumulated corpus gets distributed across the investors in the form of a pension after the fund unitholders surpass the age of 60 years. Its returns are sitting pretty high at 34.21% in a space of around 2 years since incepted on Feb 25, 2016. The 1-year return of 19.41% has only added to the steam.
HDFC Tax Saver
Get your returns saved from the attack of tax by investing in HDFC Tax Saver, which lets investors avail a tax deduction of up to ₹1.5 lakh under Section 80C of the Income Tax Act, in a particular financial year. The investments are made predominantly in equity and equity-related securities. The returns of 26.80%, since incepted in 31st March 1996, have allowed the fund to win the confidence of the investors who keep pumping the money into equity and other instruments through this tax-saver plan. Even when you glance at its recent performances, you will be in awe of this fund which has provided returns of 19.58% in last one year and 11.46% in the last 3 -year period.
HDFC Long-term Advantage Fund
Another tax-saver awaits with HDFC Long-term Advantage Fund which aims for capital appreciation by investing in a portfolio of equity and equity-related instruments. Besides enabling investors avail tax deductions Under Section 80C, the fund has generated a solid return of 23% since founded in 2001. Meanwhile its 1-year and 3-year returns are also impressive with 18.11% and 13.84%, respectively.
Best-in-Class Debt Funds Ready to Give You the Dose of Regular Income
So, are you are looking to invest in an instrument offering you a great deal of safety by generating income on a regular basis? Then, come and join the bandwagon of investors who are enjoying the same by investing in the following schemes.
HDFC Corporate Debt Opportunities Fund
An open-ended income scheme, the fund has been a messiah of risk-averse investors by offering them reasonable returns and greater liquidity. In a little over 3 years of its inception, the fund has posted a return of 10.20%. Its 1-year and 3-year returns have also been good with 7.76% and 9.81%, respectively.
HDFC Banking and PSU Debt Fund
Get ready to taste the slice of regular income by keeping your hard-earned money in HDFC Banking and PSU Debt Fund, which puts the investments mainly in securities issued by banks and public sector undertakings. Since founded in 2014, the fund has provided a return of 9.38%. In the last one year, it has reaped a return of 7.22% for the investors.
HDFC Medium Term Opportunities Fund
The open-ended scheme invests in debt/money market instruments, as well as government securities with a maturity of not more than 5 years. Since incepted in 2010, the fund has given a return of 9.14% while maintaining a decent return of 7.75% and 9.29% in the last one and 3-year period, respectively.
So, you have witnessed a fine explanation of HDFC Mutual Fund from its type to the returns provided by various schemes over the years. Now that you know their function and performance, you can choose from them to boss your financial life. Do keep in mind your financial goals and risk-taking appetite before taking any investment decision.
Disclaimer: Mutual Fund Investments are subject to market risks, read all scheme related documents carefully before investing.