Best Performing HDFC Mutual Funds To Invest In 2022

Table of Contents

What Are HDFC Mutual Funds?

HDFC Mutual Fund, one of India’s major mutual fund organizations, manages assets worth Rs 4,23,716 crore. In August of 2018, the company, which was founded in 1999 as a joint venture between HDFC Limited and Abrdn Investment Management Limited, went public.

The company holds 11% of the industry’s AUM and has a significant presence in equities investments. As of March 31, 2022, it had 9.9 million active retail and institutional customer accounts.

HDFC Mutual Fund provides roughly 89 primary schemes.
52 of the 89 schemes are debt-oriented, 22 are equity-focused, 6 are hybrid, and 9 are other (ETFs, Gold, FoFs, etc.).

Who Should Invest In HDFC Equity Mutual Funds?

The equity funds offered by HDFC mutual funds are appropriate for those who comprehend the inherent risk and volatility of equity markets. Consider investing in these funds if you are willing to focus on your long-term capital appreciation. Additionally, this can assist them to avoid short-term market volatility. Therefore, HDFC Equity Mutual Fund is typically suitable for investments with a minimum tenure of five to seven years. However, investors must determine the investment objective of each HDFC Equity Mutual Fund before investing. Moreover, HDFC Equity schemes are appropriate for investment goals like financing a child’s education, saving for retirement, purchasing a dream home, etc.

Fund Managers in HDFC Mutual Fund

Mr Anil Bambolia

Mr Anil Bambolia is not only an industry veteran but also a veteran of HDFC Asset Management Company. He is a pillar of the investment market with unrivalled knowledge and experience in the income and debt fund segments. He oversees 24 HDFC Bank Mutual Fund schemes, all of which are either income funds or debt funds. He also manages other funds, such as those that fall under the Hybrid category, where he collaborates with an equity-focused fund manager to maximize returns.

His experience has enabled HDFC Bank Mutual Fund’s short-term products to generate above-average returns for their clients. When considering short-term funds, liquid funds, which are any fund associated with the debt market, any investor can consider the HDFC Bank Mutual Fund because he can obtain returns that are higher than the industry average.

Since joining HDFC Bank Mutual Fund in 2003, Mr. Bamboli has been the driving force behind these investment products. He has over 25 years of experience and holds a B.Com, CWA, MMB (Finance), and CFA. Prior to joining HDFC, he was the Assistant Vice President of SBI Asset Management Company.

Mr. Chirag Setalvad

He is well-known for his straightforward approach to mid- and small-cap equities. The Mid Cap and Small Cap companies have tremendous growth potential and represent the financial industry’s expanding core. These companies offer a tremendous opportunity that, if seized with the proper expertise, judgment, and knowledge, can become the investment powerhouse. And it is just this mix that has made Mr. Setalvad one of the most renowned fund managers in the mid-cap and small-cap investment industry.

Mr Setalvad oversees five funds of the HDFC Bank Mutual Fund that are precisely in his area of expertise, as well as a number of additional funds that fall under the hybrid category. He earned his Management degree in the United States of America and has a total of 22 years of experience, including 3 years as an investment banker and 21 years as a fund manager.

Mr. Vinay Kulkarni

He joined HDFC Bank Mutual Fund in 2006 and has been the Senior Fund Manager for several funds since that time. His expertise is in the equity market, and he is mostly involved with equities-focused funds with a diversified approach. He oversees three funds of HDFC Bank Mutual Fund, including the only Equity Linked Savings Scheme (ELSS) offered by HDFC Bank Mutual Fund, and manages a few other funds with the assistance of other fund managers. There are approximately 5 total funds.

He has around 28 years of experience, with only 3 years spent in the IT industry and the remaining 25 years spent managing funds, largely in the equity market, in the finance industry. He holds a Bachelor of Technology from IIT Mumbai and a Postgraduate Diploma in Finance Management from IIM Bangalore. Before joining HDFC Bank Mutual Fund, Mr.Kulkarni was a Senior Fund Manager at Deutsche Asset Management Company and a Fund Manager at UTI Asset Management Company.

Best HDFC Mutual Funds in India (as per 3-Year return)

Scheme	TER (Total Expense Ratio)	3-Year Return
HDFC Small Cap Growth Direct Plan	0.83%	28.81%
HDFC Mid Cap Opportunities Growth Direct Plan	0.97%	26.91%
HDFC Large & Mid Cap Growth Direct Plan	1.23%	23.08%
HDFC Focused 30 Growth Direct Plan	0.91%	21.77%
HDFC Flexi Cap Growth Direct Plan	1.05%	21.41%
HDFC Capital Builder Value Growth Direct Plan	1.03%	19.13%
HDFC Tax Saver Growth Direct Plan	1.23%	18.40%
HDFC Infrastructure Growth Direct Plan	1.84%	17.63%
HDFC Top 100 Growth Direct Plan	1.18%	16.37%
HDFC Housing Opportunities Growth Direct Plan	1.22%	15.61%

The Aum And TER Is based on 1oth October

Source: Kuvera

Closer Look On Top HDFC Mutual Funds (as per 3-Year return)

1.HDFC Small Cap Fund

HDFC Small Cap Fund Direct-Growth is a Small Cap mutual fund. This fund has existed for nine years and nine months, having been established on January 1, 2013. As of 30 September 2022, HDFC Small Cap Fund Direct Growth has INR 13,797 Crores in assets under management (AUM) and is a medium-sized fund within its category. The expense ratio of the fund, at 0.83 percent, is comparable to that of the majority of other Small Cap funds.

The returns of the HDFC Small Cap Fund Direct-Growth for the past year are 3.96 percent. Since its inception, it has generated average annual returns of 18.87%. Every two years, the fund has quadrupled the money put in it.

The majority of the fund’s assets are invested in the Services, Capital Goods, Financial, Chemicals, and Consumer Discretionary industries. It has less exposure to the Services and Capital Goods sectors than other funds in the same category.

Bajaj Electricals Ltd., Sonata Software Ltd., Bank Of Baroda, Firstsource Solutions Ltd., and eClerx Services Ltd. are the top five holdings of the fund.

2.HDFC Midcap Opportunities Growth Direct Plan

HDFC Mid Cap Opportunities Direct Plan Growth is a Mid Cap mutual fund strategy. This fund has existed for nine years and nine months, having been established on January 1, 2013. As of September 30, 2022, the HDFC Mid-Cap Opportunities Direct Plan-Growth has INR 34,227 Crores in assets under management (AUM) and is a medium-sized fund within its category. The fund’s expense ratio of 0.97 percent is greater than that of the majority of other Mid Cap funds. The one-year returns for the HDFC Mid-Cap Opportunities Direct Plan-Growth were 8.05 percent. Since its inception, it has generated average yearly returns of 19.61%. Every three years, the fund has doubled the money invested in it.

The majority of the fund’s assets are invested in the Financial, Capital Goods, Chemicals, Services, and Healthcare industries. It has less exposure to the Financial and Capital Goods sectors than other funds in the same category.

Indian Hotels Co. Ltd., Bharat Electronics Ltd., Cholamandalam Investment & Finance Co. Ltd., Hindustan Aerospace Ltd., and Max Healthcare Institute Ltd. are the top five holdings of the fund.

3.HDFC Large & Mid Cap Growth Direct Plan

HDFC Large and Mid Cap Fund Direct Growth is a Large & MidCap mutual fund scheme. This fund has existed for nine years and nine months, having been established on January 1, 2013. As of 30 September 2022, HDFC Large and Mid Cap Fund Direct-Growth has INR 7,006 Crores in assets under management (AUM) and is a medium-sized fund within its category. This fund has a higher cost ratio than the majority of other Large & Midcap funds, at 1.23 percent. The one-year returns for the HDFC Large and Mid Cap Fund Direct-Growth were 4.31 percent. Since its inception, it has generated average yearly returns of 11.89%. Every three years, the fund has doubled the money invested in it.

The majority of the fund’s assets are invested in the Financial, Automobile, Energy, Services, and Technology industries. It has less exposure to the Financial and Automotive sectors than other funds in its category.

ICICI Bank Ltd., HDFC Bank Ltd., Reliance Industries Ltd., Infosys Ltd., and State Bank of India are the top five holdings of the fund.

4.HDFC Focused 30 Growth Direct Plan

HDFC Focused 30 Fund Direct Plan Growth is a Focused mutual fund scheme. This fund has existed for nine years and nine months, having been established on January 1, 2013. As of 30 September 2022, the HDFC Focused 30 Fund Direct Plan-Growth has 2,093 Crores in assets under management (AUM) and is a medium-sized fund within its category. The fund’s expense ratio of 0.91 percent is comparable to that of the majority of other Focused funds.

The returns of the HDFC Focused 30 Fund Direct Plan-Growth during the past year were 16.37%. Since its inception, it has generated average yearly returns of 13.60%. Every two years, the fund has quadrupled the money put in it.

The majority of the fund’s assets are invested in the Financial, Automobile, Healthcare, Energy, and Technology industries. It has less exposure to the Financial and Automotive sectors than other funds in its category.

ICICI Bank Ltd., HDFC Bank Ltd., State Bank of India, HCL Technologies Ltd., and National Thermal Power Corp. Ltd. are the top five holdings of the fund.

5.HDFC Flexi Cap Growth Direct Plan

HDFC Mutual Fund’s HDFC Flexi Cap Direct Plan-Growth is a Multi Cap mutual fund. This fund has existed for nine years and nine months, having been established on January 1, 2013. As of 30 September 2022, the HDFC Flexi Cap Direct Plan-Growth has 30,473 Crores in assets under management (AUM) and is a medium-sized fund within its category. The fund’s expense ratio of 1.05% is greater than that of the majority of other Multi Cap funds. The returns on the HDFC Flexi Cap Direct Plan-Growth during the past year were 10.06 percent. Since inception, it has generated average annual returns of 15.02 percent. Every three years, the fund has doubled the money invested in it.

The majority of the fund’s assets are invested in the Financial, Energy, Technology, Materials, and Capital Goods industries. It has less exposure to the Financial and Energy sectors than other funds in its category.

ICICI Bank Ltd., State Bank of India, HDFC Bank Ltd., Infosys Ltd., and Coal India Ltd. are the top five holdings of the fund.

6.HDFC Capital Builder Value Growth Direct Plan

HDFC Capital Builder Value Fund Direct Plan Growth is a Value Oriented mutual fund scheme. This fund has existed for nine years and nine months, having been established on January 1, 2013. As of 30 September 2022, the HDFC Capital Builder Value Fund Direct Plan-Growth has 5,418 Crores in assets under management (AUM) and is a medium-sized fund within its category. Its expense ratio of 1.03% is comparable to that of the majority of other Value-Oriented funds. The one-year returns for the HDFC Capital Builder Value Fund Direct Plan-Growth were 1.17 percent. Since its inception, it has generated average yearly returns of 15.40%. Every three years, the fund has doubled the money invested in it.

The majority of the fund’s assets are invested in the Financial, Technology, Healthcare, Construction, and Energy industries. It has less exposure to the Financial and Technology sectors than other funds in the same category.

ICICI Bank Ltd., HDFC Bank Ltd., Infosys Ltd., State Bank of India, and Axis Bank Ltd. are the top five holdings of the fund.

7.HDFC Tax Saver Growth Direct Plan

HDFC Tax Saver growth is an equity linked saving schemes (ELSS). It was came into existance on April 2, 1996. As of 1oth october, the HDFC tax saver growth direct plan has 9,594 crores in AUM. The HDFC Tax Saver funds comes under the category of Equity mutual funds. The one year return from HDFC Tax Saver funds is 10% for 5 years.

The majority of the fund’s assets are invested in the Financial, Technology, Healthcare, Construction, and Energy industries. It has less exposure to the Financial and Technology sectors than other funds in the same category.

ICICI Bank Ltd., HDFC Bank Ltd., Infosys Ltd., State Bank of India, and Axis Bank Ltd. are the top five holdings of the fund.

8.HDFC Infrastructure Growth Direct Plan

HDFC Infrastructure Direct Plan Growth is a Sectoral-Infrastructure mutual fund. This fund has existed for nine years and nine months, having been established on January 1, 2013. As of 30 September 2022, HDFC Infrastructure Direct Plan-Growth has INR 609 Crores in assets under management (AUM) and is a medium-sized fund within its category. The expense ratio of the fund, at 1.84%, is greater than that of the majority of other Sectoral-infrastructure funds. The returns on the HDFC Infrastructure Direct Plan-Growth during the past year were 10.71%. Since its inception, it has generated average annual returns of 8.46%. Every two years, the fund has quadrupled the money put in it.

The majority of the fund’s assets are invested in the Construction, Financial, Materials, Capital Goods, and Services industries. It has less exposure to the Construction and Financial sectors than other funds in the same category.

Coal India Ltd., J Kumar Infraprojects Ltd., ICICI Bank Ltd., Larsen & Toubro Ltd., and State Bank of India are the top five holdings of the fund.

9.HDFC Top 100 Growth Direct Plan

HDFC Top 100 Fund Direct Plan Growth is a Large Cap mutual fund. This fund has existed for nine years and nine months, having been established on January 1, 2013. As of 30 September 2022, the HDFC Top 100 Fund Direct Plan-Growth has 22,306 Crores in assets under management (AUM) and is a medium-sized fund within its category. The fund has a higher expense ratio than the majority of other Large Cap funds, at 1.18 percent. The returns on the HDFC Top 100 Fund Direct Plan-Growth during the past year were 2.36 percent. Since its inception, it has generated average annual returns of 13.06%. Every three years, the fund has doubled the money invested in it.

The majority of the fund’s assets are invested in the Financial, Energy, Technology, Materials, and Consumer Staples industries. It has less exposure to the Financial and Energy sectors than other funds in its category.

ICICI Bank Ltd., Reliance Industries Ltd., HDFC Bank Ltd., Infosys Ltd., and Housing Development Finance Corpn. Ltd. are the top five holdings of the fund.

10.HDFC Housing Opportunities Growth Direct Plan

HDFC Housing Opportunities Fund Direct Growth is a thematic mutual fund. This fund has existed for 4.10 years, having been established on November 16, 2017. As of 30 September 2022, the HDFC Housing Opportunities Fund Direct – Growth has 1,239 Crores in assets under management (AUM) and is a medium-sized fund within its category. The expenditure ratio of 1.22 percent is greater than that of the majority of other Thematic funds.

The one-year growth rate for the HDFC Housing Opportunities Fund Direct was 0.99%. Since its inception, it has generated average annual returns of 6.86%. Every three years, the fund has doubled the money invested in it.

The majority of the fund’s assets are invested in the Financial, Construction, Materials, Energy, and Consumer Discretionary industries. It has less exposure to the Financial and Construction sectors than other funds in the same category.

Larsen & Toubro Ltd., HDFC Bank Ltd., ICICI Bank Ltd., State Bank of India, and Housing Development Finance Corpn. Ltd. are the top five holdings of the fund.

FAQs

Which is a better investment equity mutual fund or equity?

Investing in Equity Mutual Funds is preferable if you lack the time or expertise to do your own research. Moreover, mutual funds are more suitable for investors who wish to invest small amounts in equity. Through Equity Funds, you can invest with as little as 100, whereas direct equity investment requires a significant amount of capital.

Interested in how we think about the markets?

Watch/hear on YouTube:

Start investing through a platform that brings goal planning and investing to your fingertips. Visit Kuvera.in to discover Direct Plans and Fixed Deposits and start investing today.

#MutualFundSahiHai #KuveraSabseSahiHai!