Here are the various HDFC mutual funds in the equity space:
HDFC Mutual Fund: Close Ended Fund
- HDFC Mid â€“ Cap Opportunities Fund: This is a close ended mutual fund which invests in small and mid cap stocks.
- HDFC Infrastructure Fund: This is a close ended equity mutual fund which invests in stocks of infrastructure related companies.
- HDFC Long Term Equity Fund: This is another close ended equity mutual fund with a maturity period of five years, and will invest in a diversified set of stocks bought for the long run.
HDFC Mutual Fund: Index Fund
- HDCF Index Fund â€“ Nifty Plan: This is an index fund by HDFC mutual funds, which tracks the Nifty. This is an open ended scheme with the current expense ratio of 1%.
- HDFC Index Fund â€“ Sensex Plus Plan: This is not exactly a passive index fund tracking the Sensex because only 80 â€“ 90% of its assets will be invested in stocks of Sensex and the rest in stocks outside the Sensex. It is a passive fund close to tracking the Sensex, but not exactly.
- HDFC Index Fund â€“ Sensex Plan: If you are looking for the HDFC mutual fund that passively tracks the Sensex; this is your plan.
HDFC Mutual Fund: Other Plans
- HDFC Tax Saver (ELSS): This is an open ended scheme with a three year lock in and tax saving benefits. The fund will primarily be invested in stocks with up to a maximum of 20% in debt.
- HDFC Prudence Fund: This is an open ended fund that is a balanced fund. This means that this is not primarily invested in stocks, and the allocation will be changed by the fund manager between debt and equity based on the market condition.
- HDFC Arbitrage Fund: This is an arbitrage fund aims to generate returns by exploiting the arbitrage opportunities between the spot and derivatives market
- HDFC Premier Multi Cap Fund: This is an open ended growth oriented mutual fund that invests in mid and large cap blue chip companies.
- HDFC Capital Builder Fund: This is an actively managed fund that aims to invest in strong companies which are below their fair value. Strong companies and fair value are of subjective terms of course, and will be decided by the fund manager.
- HDCF Equity Fund: It is an open ended mutual fund that invests in companies that are expected to experience growth higher than their industry peers. The top three holdings as on 31st July are ICICI Bank, SBI and ONGC.
- HDFC Long Term Advantage Fund (ELSS): This is an open ended mutual fund from HDFC with a three year lock in period and one that invests in equity and equity related instruments.
- HDFC Balanced Fund: This is an open ended mutual fund that will invest in debt and equity. It is positioned for people who donâ€™t want to get too much exposure to equity and the accompanying risk.
- HDFC Core and Satellite Fund: This is an open ended equity fund that aims to invest in stocks that are trading below their true value. This is a subjective term and depends on the analysis of the fund manager.
- HDFC Top 200 Fund: This mutual fund looks to invest in equity and equity linked instruments primarily drawn from the companies in BSE 200 Index.
- HDFC Growth Fund: This is an open ended mutual fund which predominantly invests in equity and equity related instruments.