Rating : N/A

HDFC Retirement Savings Fund - Hybrid Debt Plan - Direct Plan

Solution

  

Retirement Fund

NAV

15.739 +0.0169

(as on 20 Nov, 2020)

RETURNS

6.7 %

Fund Type

Open Ended

Investment Plan

Growth

Investment Plan

1%

Benchmark

IISL Nifty 50 TR INR

Asset Size

91.33 Cr.

(As of 31 Oct, 2020)

Risk

Moderately High

Objective

The investment objective of the Scheme is to provide long-term capital appreciation / income by investing in a mix of equity and debt instruments to help investors meet their retirement goals. There is no assurance that the investment objective of the Scheme will be realized

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Fund manager

Shobhit Mehrotra

Exit load

1 %

(If redeemed within 21900 days)

Minimum sip

₹500

Minimum investment

₹5000

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

6.19% Govt Stock 2034

10.91%

7.57% Govt Stock 2033

9.11%

L&T Infrastructure Finance Company Limited

7.43%

Vedanta Limited

7.26%

Sector Allocation

About the Scheme Type

For investors with a clear goal of having a corpus for their retirement phase, a Retirement Fund could be a good option. These come with a lock-in period of 5 years or until retirement, whichever is earlier. SEBI has purposefully mandated the lock-inso as to give impetus to long term saving as they also come with tax benefits. Also, there’s a pretty hefty exit load – 3 to 4%, in case of premature withdrawals. Given that they’re only been there since a few years, there are limited number of Retirement Funds today.

Ratings

This fund is rated 0 stars by Morning Star Ratings.

N/A

Overview of HDFC Asset Management Company Limited

HDFC Mutual Fund is one of India’s largest and well established mutual funds houses with focus on delivering consistent fund performance across categories since the launch of the first scheme(s) in July 2000. We, at HDFC Mutual Fund, believe in constantly reviewing the markets for new trends, identifying new growth sectors and sharing this knowledge with our investors in the form of product offerings, so as to give our investors long-term benefits. HDFC Mutual Fund has various products across asset and risk categories to enable investors to invest in line with their investment objectives and risk taking capacity.

Vision of HDFC Mutual Fund – To be a dominant player in the Indian mutual fund space recognized for its high levels of ethical and professional conduct and a commitment towards enhancing investor interests. HDFC’s Mutual Fund philosophy is based on 3 pillars.

  • Invest Profitably: The single most important factor that drives HDFC Mutual Fund is its belief to give the investor the chance to profitably invest in the financial market, without constantly worrying about the market swings.
  • Research & Analysis: To realize this belief, HDFC Mutual Fund has set up the infrastructure required to conduct all the fundamental research and back it up with effective analysis.
  • Controlled Risk: HDFC Mutual Fund’s strong emphasis on managing and controlling portfolio risk avoids chasing the latest "fads" and trend.