HDFC Mutual Fund
Housing Development Finance Corporation Limited is known as HDFC. HDFC was established on 1977 and they Launch their first product on 2000. Since 1977 it has become a fully fledged financial giant consisting of the main subsidiaries such as HDFC Bank, HDFC Asset Management Company and HDFC Standard Life Insurance Company Limited. HDFC was originally a mortgage firm. HDFC is one of the leading asset management company in India. It is sponsored by the Standard Life Investments Limited. Nowadays, it is a full grown large company.
Why choose HDFC Mutual Fund
- Investors are offered a wide range of mutual fund products to invest in.
- Tax benefits are available on offers for investors.
- A lot of products that the company offers have a CRISIL rating of 3 or above.
- Investors have access to all sorts of funds ranging from short term funds to long term funds.
Types of HDFC Mutual Fund
Different types HDFC Mutual Fund are-
- Equity /Growth Funds
- Debt/ Income Funds
- Liquid Funds
- Children's Gift Funds
- Retirement Savings Fund
- Fixed Maturity Plans
- Exchange Traded Funds
- Rajiv Gandhi Equity Savings Fund
- Dual advantages Fund
- Capital Protection Oriented Schemes
- Fund of Fund Schemes
- Cancer Cure Fund.
Eligibility criteria of HDFC Mutual Fund
- Adult citizens residing in India.
- Pension Funds.
- Hindu Undivided Families.
- Minor through legal guardian/parents.
- Limited liability partnership.
- Religious and charitable trusts.
- Public sector undertakings (PSUs), companies,corporate bodies, and socities registered under the socities registration 1860.
- Persons of Indian Origin (PIOs) and Non-Resident Indians (NRIs) on repatriation or non-repatriation basis
Documents Proof of HDFC Mutual Fund
KYC Documnets -
- Pan Card
- Adhaar Card
- Voter's ID
- Passport Size Photo
- Download the KYC form available on the official website of HDFC mutual fund.
- The investors will be issued an acknodledgement reciept which he/she needs to submit while applying for subscribing for a mutual fund scheme.
