3 Year return

5.76%
Launched on December 2012 (12 years)

Investment Details

₹1000

Minimum SIP Amount

₹100

Minimum one time investment

Fund has no lock-in period

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Based on past performance of this fund

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Risk Involved

Low to Moderate Risk

Your principal will be at

Moderately Low Risk

Scheme Information

Asset Under Management

₹56818.19 Cr.

Expense Ratio

0.2% (inclusive of GST)

Exit Load

0.0070% - If redemption/switch out within 1 days from the date of allotment. 0.0065% - If redemption/switch out within 2 days from the date of allotment. 0.0060% - If redemption/switch out within 3 days from the date of allotment. 0.0055% - If redemption/switch out within 4 days from the date of allotment. 0.0050% - If redemption/switch out within 5 days from the date of allotment. 0.0045% - If redemption/switch out within 6 days from the date of allotment. Nil - If redemption/switch out within 7 days from the date of allotment.

Ratings

ARQ Rating
4

Ratings by other agencies

2
3
0

Tax Implications

Withdrawal within 3 years

Tax based on your income tax bracket

Withdrawal after 3 years

20% tax after indexation (adjusting for inflation)

Fund Holdings

Holdings

HDFC Mutual Fund Managers

AJ

Anupam Joshi

Fund Manager since Oct 2015

View Details

Fund House Details

HDFC Mutual Fund

HDFC Mutual Fund Asset management company

AUM ₹617,677.76 Cr.
No. of Schemes 167
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by HDFC Mutual Fund

List of mutual fund schemes by AMC

About HDFC Liquid Fund Growth Direct Plan

The HDFC Liquid Fund Growth Direct Plan is offered by HDFC Mutual Fund. A highly liquid open-ended scheme that allows you to purchase or redeem units during any business day, the fund invests only in debt securities and money market instruments with ultra-short maturities ranging from 7 days to 91 days. The securities that the fund invests in carry moderate (Class B) credit risk and relatively low (Class I) interest rate risk. Additionally, the investment team of the HDFC Mutual Fund also conducts extensive credit analysis of each security individually. The fund is benchmarked against the CRISIL Liquid Fund BI Index and features a very low expense ratio compared to active and passive mutual funds.

Investment Objective of the Scheme

The HDFC Liquid Fund Growth Direct Plan aims to invest in the money market and debt instruments with maturities of less than 91 days. The primary objective of the fund is to generate regular income with high liquidity and low risk over the short term.

Key Features of The Fund

5-year return 5.22%
Expense Ratio 0.2%
Fund Manager Anupam Joshi
Fund Size ₹56818.19 Cr
Risk Profile Moderately Low

Is This Scheme Right for Me?

If you’re looking for a moderate-risk mutual fund that offers competitive returns, you could consider including the HDFC Liquid Fund Growth Direct Plan in your portfolio. An ideal short-term investment option with high liquidity and low interest rate risk, this mutual fund could be a good cost-effective alternative to savings bank accounts for parking idle funds. The fund provides a regular income and may be suitable for both conservative and risk-aggressive investors.

AMC Contact Details

Name HDFC Mutual Fund
Launch Date July 2000
Addresss "HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai - 400020
Contact 1800 3010 6767 1800 419 7676
Email hello@hdfcfund.com
Website https://www.hdfcfund.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

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FAQs

What is today's NAV of HDFC Liquid Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of HDFC Liquid Fund Jun 19 2024 is 4819.2883

What is the AUM of HDFC Liquid Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of HDFC Liquid Fund is 56818.19 crore.

What is the expense ratio of HDFC Liquid Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of HDFC Liquid Fund is 0.2%

What are the returns of HDFC Liquid Fund since inception?

The HDFC Liquid Fund was launched on Dec 31 2012. The fund has delivered a CAGR of 6.8 since inception.

What is the minimum SIP amount to invest in HDFC Liquid Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for HDFC Liquid Fund is 1000.

How do I invest in HDFC Liquid Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in HDFC Liquid Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in HDFC Liquid Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in HDFC Liquid Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.