About HDFC Equity Fund
HDFC Equity Fund is an open-ended equity scheme investing in stocks across market capitalizations i.e large-cap, midcap & smallcap.
The investment objective of the scheme is to provide capital or income to the investors by investing in a diversified portfolio of equity & equity-related securities across market capitalizations.
The Benchmark of the scheme is NIFTY 500 TRI.
|Minimum Application Amount||Rs.5,000 & in multiples of Rs.1 thereafter|
|Minimum Additional Investment||Rs.1,000 & in multiples of Rs.1 thereafter|
|Type||Minimum Amount||Minimum Installments|
|Daily||Rs.300 & in multiples of Rs.1 thereafter||-|
|Weekly||Rs.1,000 & in multiples of Rs.1 thereafter||6|
|Monthly (Less than Rs.1,000)||Rs.500 & in multiples of Rs.1 thereafter||12|
|Monthly (Equal to or greater than Rs.1,000)||6|
|Quarterly (Less than Rs.3,000)||Rs.1,500 & in multiples of Rs.1 thereafter||4|
|Quarterly (Equal to or greater than Rs.3,000)||2|
Entry Load: Nil
If units are redeemed or switched out within 1 year - 1%
If units are redeemed or switched out after 1 year- Nil
HDFC Equity Fund is suitable for investors with a moderately high-risk appetite & looking to invest for a period of 5 years & above.
As the fund predominantly invests in equity securities, HDFC Equity Fund has the taxability of an equity mutual fund scheme. Following taxation is applicable:
- If the units are sold after 1 year, then the gains on investments are treated as Long Term Capital Gains (LTCG). LTCG of up to Rs 1 lacs in a financial year is tax-free and above that, it is taxed at the rate of 10% without the benefit of indexation.
- If the units are sold within 1 year, then the gains are treated as Short Term Capital Gains (STCG) and are taxed at the rate of 15%.
HDFC Equity Fund’s Asset Allocation
Under normal conditions, the pattern of asset allocation is as follows:
|Assets||Minimum indicative allocation (% of total assets)||Maximum indicative allocation (% of total assets)||Risk Profile|
|Equity & Equity related securities||65||100||High|
|Debt & money market instruments||0||35||Low to Moderate|
|Units issued by REITs & InvITs||0||10||Moderate to High|
|Non-convertible preference shares||0||10||Low to Moderate|
Who should invest HDFC Equity Fund ?
Multicap funds are those equity mutual funds that invest in equity & equity-related securities of companies across market capitalizations & different sectors. These funds offer the benefits of diversification through its multi-cap investments.
Investments in HDFC Equity Fund can be made by investors who want to invest in a diversified portfolio of equities. The diversified equity portfolio helps generate good returns over long periods with relatively lower volatility.
Investors looking to invest in equity funds with a diversified portfolio could consider investments in this fund. The fund can be a good investment for an investor’s core equity portfolio.
The following people are eligible for investing in this scheme:
- Indian Resident Adults (single holder or on a joint basis)
- Hindu Undivided Family
- Partnership entities
- Limited Liability Partnership units
- Minor through parent or a legal guardian
- Sole Proprietor
- Corporates, PSUs & others.
- Banks & Financial Institutions
- Religious & Charitable Trusts
- Defense & paramilitary units
- Foreign Portfolio Investors
- Pension/Provident/Gratuity Funds
- Trustee, AMCs or Sponsors
- Other schemes of HDFC or other mutual funds
- Alternative Investment Funds
How to invest in HDFC Equity Fund?
You can invest in HDFC Equity Fund through any AMFI distributor, AMC, banks, or third party platforms. If you need any help with your investments, you can reach out to our ZFunds Experts on Whatsapp - 7217746224.
Frequently Asked Questions About HDFC Flexi Cap Regular Fund Growth Plan
Q. What is the current HDFC Flexi Cap Fund NAV and fund size ?
A. While the current HDFC Flexi Cap Fund NAV is INR 1051.5, the fund size or assets under management (AUM) is INR 30472.7 crores.
Q. What are flexi cap funds ?
A. Flexi cap funds, such as HDFC Flexi Cap Growth Plan, invest in securities from multiple market capitalization categories. These include large cap, mid cap and small cap. This allows investors to enjoy the benefits of all of the categories and enjoy a diversified portfolio as compared to large cap, mid cap and small cap mutual fund schemes.
Q. What is the minimum investment amount in HDFC Flexi Cap Regular Growth Fund ?
A. The minimum lump sum investment amount for HDFC Flexi Cap Growth Fund is INR 5000. In case you choose to make further lump sum investments in the fund, you can start with just INR 1000. Moreover, you can also opt for SIP or systematic investment plan investments wherein you invest a fixed amount every month on a prefixed date. You can start an HDFC Flexi Cap Regular Growth Fund SIP for just INR 500.
Q. What is the entry and exit load for HDFC Flexi Cap Regular Growth Fund ?
A. While the entry load for this mutual fund scheme is nil, you do have to pay an exit load in some cases. In case you choose to switch out of the scheme or sell your HDFC Flexi Cap Regular Growth Fund units within just one year of allocation, then an exit load of one percent will apply. However, if you sell your HDFC Flexi Cap units after one year, there is no exit load applicable on the redemption.
Q. How much tax do I have to pay on returns from HDFC Flexi Cap Fund investments ?
A. The tax implications on the returns from the scheme depend on the duration of investment. In case you sell your HDFC Flexi Cap Growth Fund within just one year of purchase, then the returns are treated as short term capital gains and taxed at 15 percent. However, if you sell your MF units after one year, then the gains are considered long-term capital gains or LTCG and the amount over INR 100000 is taxed at 10 percent.
Q. What mutual funds are available on ZFunds ?
A. You can find around 1700 mutual fund schemes on ZFunds. Our experts can help you find the best schemes that match your risk profile and help you achieve maximum returns with minimum risk.
More HDFC Mutual Funds:
HDFC Small Cap Fund
HDFC Balanced Advantage Fund
HDFC Top 100 Fund - Growth Option
HDFC Hybrid Equity Fund
HDFC Mid-Cap Opportunities Fund
HDFC Liquid Fund Growth
HDFC Short Term Debt Fund
HDFC TaxSaver Growth Plan
HDFC Low Duration Fund
HDFC Ultra Short Term Fund