HDFC Mutual Fund is the largest mutual fund in the country, when one takes into account assets under management.
The fund has had an excellent track record in the past having generated consistent returns over the past few years. In fact, the returns of most of the HDFC schemes in the last three years, has beaten most asset classes, including bank deposits.
We have selected a few best HDFC Mutual Fund schemes, which are the best for investors in terms of SIP. These HDFC Mutual Fund Schemes, allow you to invest small sums of money of Rs 500 every month. Check mutual fund recent dividends here
HDFC Midcap Opportunities Fund
As the name suggest the fund largely places money on midcap stocks, which can be volatile in terms of returns. HDFC Midcap Opportunities Fund has generated a return of 18 per cent in the last 1 year.
The three year returns are at 19 per cent on an average each year. Except shares and mutual funds, you cannot get returns like this.
The fund has investments in stocks like Voltas, Cholamandalam, UPL, Indusnd Bank, Tube Investments, Yes Bank etc. You can invest in the fund with a small SIP of as low as Rs 500. The current net asset value under the growth plan is Rs 52.72.
There is an exit load on the fund of 1 per cent, if you withdraw before 1 year. Among the best HDFC Mutual Fund schemes in terms of returns. A good SIP plan from HDFC Mutual Fund.
HDFC Top 200 Fund
If you do not want to take the risk of midcap funds, which can be very volatile, go with the HDFC Top 200 Fund. HDFC top 200 has given returns of 18.14 per cent in the last 1 year and the average returns of the fund in last three years is 9.76 per cent.
This fund only invests in large cap stocks, which would prevent a sharp downslide in your portfolio. The fund has heavy investment in HDFC Bank, State Bank of India, ICICI Bank, Larsen and Toubro, Infosys and Reliance Industries.
The fund has a net asset value of Rs 433 under the growth plan. Again, you can invest in the scheme with a small SIP of Rs 500 every month.
This fund is among the top mutual fund schemes of HDFC , with a sizeable holding. One of the best SIP plans from HDFC mutual fund.
HDFC Balanced Fund
HDFC Balanced Fund, as the name suggests is a balanced fund, which invests in both equity and debt.
So, this can be a good fund for those who wish to take medium risk.
The fund has generated a 1-year return of 17.86 per cent, while the three year returns OF 14.94 per cent.
The company's largest holding is in HDFC Bank and Reliance Industries. The Fund has recently cut its holding to Infosys.
Apart from this, it has got holdings in government debt, including in government date securities.
The net asset value of the fund is Rs 143, under the growth plan. You can invest in the scheme with a small Sip of Rs 500.
The returns of the fund compares well with the returns of most other peers. Go for it if you are risk averse.
This is a large cap fund, that has generated good returns. It is one of the oldest funds of HDFC Mutual Fund, which started was back in 1995. The fund has generated of 19 per cent on an average since its inception.
The fund currently has an NAV of Rs 592. The funds largest holding is in State Bank of India, ICICI Bank, Larsen and Toubro and Infosys, apart from others.
One Can invest in the fund with a small sum of Rs 500. Remember, that if you opt for the dividend plan it is tax free, while you made end up paying capital gains under the growth scheme. Those who are looking at a long term, this is a good option to bet on.
HDFC Children's Gift Fund
This is a very conservative hybrid fund. The fund has generated a return of 13.73 per cent in the last three years.
The fund has heavily invested in government securities as well as equity holdings. Among the top equity holdings of the fund are HDFC Bank, Reliance Industries, ICICI Bank and State Bank of India. You can invest in the fund with a small SIP of Rs 500.
The fund has also placed money in government security.
HDFC Gold Fund
If you are looking at investment in gold, this would be the most appropriate fund to invest in.
HDFC Gold Fund has generated a negative return so far this year, as gold has largely dropped this year. In fact, the negative returns is to the tune of 4.70 per cent This is a Gold ETF, which is much better than buying physical gold, if you are interested in investing in gold.
Gold ETFs have several advantages, including the fact that you do not have to worry of thieves. Another advantage is that they can be sold easily, as they are very liquid. Remember, that Gold ETFs track gold and hence to that extent the returns would be similar to gold. Go for this scheme if you are looking for returns from gold.
Points to remember for the HDFC SIP
It is important to remember that if you are investing in equity mutual funds the risk can be very high. This is because they invest bulk of their money into equities. SIPs are subject to tax as well, especially if you opt for the growth plan. Hence, it is important to remember that you need to plan for that. The one good bet would be the dividend option where the dividend is tax free in the hands of the investors. If you are looking for growth you can consider the debt funds by way of SIPs for HDFC Mutual Fund.
However, do exercise caution as markets have gone up very fast in the last one year.
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