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HDFC Equity Direct Plan-Growth rating rating rating rating rating

Equity Multi Cap

PLAN: GROWTH TYPE : OPEN-ENDED OPTION: Growth

1 Yr return

11%

3 Yrs CAGR returns

12.88%

5 Yrs CAGR returns

8.04%

NAV as on 25 Nov

₹ 710.06 by 6.78 ( 0.96%)

Expense ratio

1.20

Fund Size (Cr)

₹ 23230.66


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Performance Graph*
Returns Calculator
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If ₹5000 invested for 1

Estimated returns*

₹ 0

with % annual returns

Direct Funds
Estimated amount
₹ 10,27,000
Regular Funds
Estimated amount
₹ 9,91,000

* The calculator, based on assumed rate of returns, is meant for illustration purposes only.More

The calculations are not based on any judgments of the future return and should not be construed as promise on minimum returns. Information gathered and material used in this calculator is believed to be from reliable sources. Paisabazaar however does not warrant the accuracy, reasonableness and/or completeness of any such information. While utmost care has been exercised while preparing the calculator, Paisabazaar does not warrant the completeness or guarantee that the achieved computations are flawless and/or accurate and disclaims all liabilities, losses and damages arising out of the use or in respect of anything done in reliance of the calculator.

investment objective

The scheme seeks to generate capital appreciation / income from a portfolio, predominantly invested in equity & equity related instruments.

Tax Implications

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

riskometer
Top Holdings
Top 10 Sectors %
Financial 37.56
Energy 23.28
Construction 10.9
Technology 9.44
FMCG 4.55
Engineering 4.33
Health Care 3.79
Metals 3.27
Retailing 1.22
Services 0.79
Top 10 Sectors %
Banking 10.04
Banking 9.53
Infrastructure 8.97
Crude Oil & Natural Gas 6.33
Computer Software 5.36
Banking 4.93
Tobacco Prod. 4.55
Crude Oil & Natural Gas 4.28
Electricity Generation 4.01
Computer Software 3.41
Fund house details
Fund House HDFC Mutual Fund
Fund Manager Chirag Dagli
Fund Setup Date 01 Jan 2013
Address 'HDFC House'-2nd Floor, H.T. Parekh Marg - 165-166, Backbay Reclamation, Churchgate
Contact 1800 3010 6767 / 1800 419 7676
More About This Fund

What is HDFC Equity Fund?

HDFC Equity Fund is an open ended multi-cap equity fund scheme that invests in stock equities of different capitalizations. It invests in emergent stocks that are likely to achieve above average growth, have superior financial strength and distinct competitive advantages.

Mutual funds that allocate a major section of the corpus to the shares are equity funds. HDFC Equity Fund is a multi-cap fund as it invests in multiple companies of varying capitalizations i.e. across large cap, mid cap and small cap stocks. SEBI classifies the companies, based on their capital into the aforementioned categories.

Who Should Invest?

  • Investors who can bear moderate market risks
  • Investors with long term investment horizon
  • Investors looking for a diverse portfolio spanning entire market capitalisations and various sectors

What You Gain?

  • Although HDFC Equity Fund is a multi-cap fund but it invests a major portion of the fund in large cap that can emerge when the market is low while almost a quarter is invested in mid-cap stocks that can bear the poor market conditions
  • Fund is allocated to different economic sectors with concentration in some of the most trusted sectors, such as Banks and IT that offer good returns and risk balance

What You Could Lose?

As an equity fund that takes an aggressive approach, the fund has moderately high risks. Also, it focuses on wealth generation in the long-term, therefore an investor may face short-term deficit.

Investment Portfolio – More Details about the Fund

HDFC Equity Fund invests at least 70% in major companies with large capitalization and is suggested for minimum 3 years. Aiming for wealth creation, it invests significantly in Public and Private Banks, Construction, Refineries, IT and Software. Its major holdings include ICICI Bank, SBI, Larsen and Toubro Ltd., Reliance Industries and Infosys. The scheme comes with regular and direct plan. The expense ratio is lower in direct plan. Under each plan, it offers both the growth and dividend options.

There is 1% exit load only if the investor redeems his fund within 12 months. There is no Exit load above the duration of 1 year.

Taxation-How will they be taxed?

As per the taxation rules, the long term capital gains from mutual funds, over and above Rs 1 lakh, made on sale of units after 1 year from the date of allotment are to be taxed at the rate of 10% (without indexation). On the other hand, the short-term capital gains made on sale of units within 1 year from the date of allotment are to be taxed at the rate of 15%.

How to Invest?

  • Sign Up/Sign In to Paisabazaar.com and go to ‘Direct Mutual Funds’
  • Click on the section of ‘Equity Funds
  • Type and search directly by the name of HDFC Equity Fund. Once it opens up, look at the details. You can also compare similar funds as well as use Returns Calculator
  • Click on ‘Invest Now’, select either Lump sum or SIP

Why Paisabazaar?

  • Trusted website, no commission charges and no paperwork. Only direct plans, no regular ones
  • You can compare more than 1,700 Funds at one platform instead of visiting the website of each AMC (Asset Management Company) and then searching for numerous funds
  • Easy to browse as Funds are segregated under Equity, Debt, Large Cap, ELSS, etc. You can further add filters of ratings, returns, fund houses.

FAQs

Q. What does multi cap mean?
A. Companies are categorised by SEBI into large, mid and small cap on the basis of their capitalizations. Fund investing in various companies that fall under all these categories or at least more than one is called a Multi-Cap Fund.

Q. Does HDFC Equity Fund come under Section 80C or offers tax benefits?
A. HDFC Equity Fund is not a tax saver fund and does not come under Section 80C. The taxation rules apply to it as applicable for all capital gains via mutual funds in long term and short term.

Q. Is it beneficial to invest via open-ended (lumpsum) or SIP?
A. SIP is considered efficient and convenient mode of investment that is good for long term investment. It also reduces financial burden as one needs to invest periodically and one can start with amount as low as Rs. 500 per month.

Q. What is Exit Load?
A. Exit Load is the fee charged from an investor when he decides to quit the scheme and redeem his money. Generally, there is some penalty charged only if funds are redeemed in less than 365 days, otherwise there are usually no charges.

Q. What is Expense Ratio?
A. It is the fee charged from the investor for managing his fund money and allocating it to the stocks that can help him earn returns.

Q. What is a Direct Mutual Fund?
A. A Direct Mutual Fund is where there is no broker/mediator involved to help the investor select the fund for investing. In a Regular Plan, the Expense Ratio is more than in a Direct Plan, as there are additional charges for the mediator.