HDFC Mutual Fund India

HDFC has a well-known name in the country because of its ever-demanding mutual funds.

The company established in December 1999 and become the number one fund house company of the India.

The motive of the company is to provide the investor long term benefits therefore they take care the market very keenly and constantly check the new trends and growth trend of the market.

The company tries to inform the investor by launching its new product in the market, which grab the attention of the investor because these products are based on the latest information of the market.

The company introduced a variety of products such as equity growth fund, this fund I has its sub categories such as mid cap opportunities fund, tax saver fund, prudence fund, arbitrage fund, nifty plan, capital builder fund, sense plus fund and growth fund.

There are some other type of funds are such as children’s gift fund, fixed maturity plan, liquid fund and debt fund. Here is some detail of these funds are first of all liquid saving plan cash fund, this fund is short term and it has only 18 months of time period, the main object of the fund is to generate the income while keep safety and high liquidity. They invest money in debt instruments and money market instrument.

In debt income fund the company introduced some new funds such as floating rate income, long-term plan, high interest fund-short term plan, gilt fund, yield fund, income fund, and short-term plan. In short-term plan, the company invests the money in the securities of central govt and state government.

This fund gives the investor a risk free return and this fund belongs to the family of open-ended income scheme. The exit or entry load is nil and the per unit amount is also very low. There is another kind of fund, which is fixed maturity plan in which the investor invests the money in debt market and government securities. The nature of the fund is close-ended scheme and its entry or exit load is nil.

The other good offer by the company is its children gift plan; the main objective of the plan is to invest money in equity or its linked instruments and debt securities. The nature of the fund is open-ended balanced scheme, and its risk free. This fund is suitable for all type of investor.