3 Year return

0
Launched on February 2023 (1 year)

Investment Details

₹100

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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Your Investment ₹3,00,000
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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹586.06 Cr.

Expense Ratio

1.23% (inclusive of GST)

Exit Load

If redeemed / switched-out within 1 years from the date of allotment - 1%. If redeemed / switched-out after 1 years from the date allotment - Nil.

Ratings

ARQ Rating
0

Ratings by other agencies

0
0
0

Tax Implications

Withdrawal within 1 year

Exit load + 15% tax on gains

Withdrawal after 1 year

10% tax on gains over ₹1 Lakh per financial year

Fund Holdings

Holdings

HDFC Mutual Fund Managers

RB

Rahul Baijal

Fund Manager since Apr 2022

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 MNC Fund Direct Plan Growth

HDFC MNC Fund Direct Plan Growth is an equity mutual fund scheme under the HDFC Mutual Fund. It falls under the medium-sized fund category of the thematic-MNC category. HDFC MNC Fund Direct Plan Growth has no lock-in period, and has the NIFTY MNC Total Return Index as its benchmark.

Investment Objective of the Scheme

HDFC MNC Fund Direct Plan Growth aims to invest predominantly in a diversified portfolio of multinational companies or MNCs. The scheme thereby aims to provide long term capital appreciation. HDFC MNC Fund Direct Plan Growth would invest across all market capitalisation and across credit ratings to ensure that risks are managed effectively.

Key Features of The Fund

5-year return NA
Expense Ratio 1.23%
Fund Manager Rahul Baijal
Fund Size ₹586.06 Cr
Risk Profile Very High

Is This Scheme Right for Me?

If you are looking for a regular source of income and have a moderate to high risk appetite, HDFC MNC Fund Direct Plan Growth is a scheme that you could take into consideration. The scheme has a high expense ratio, and the ideal investment horizon for the scheme is 3 years. It is best if you take into account your financial goals, risk tolerance, and investment objectives before deciding whether to invest in this scheme. The scheme allows you to choose either Lump Sum or SIP investments, which makes it flexible and easier for you to align with your risk tolerance and financial plans.

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 67671800 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.

Secure Your Retirement With SIPs

For many investors, a Systematic Investment Plan (SIP) is an excellent option when it comes to retirement planning. SIPs make disciplined investing possible by automating regular contributions, which add up to an impressive retirement fund over time. This strategy guarantees a stable retirement and mitigates market volatility. Take advantage of the mutual fund SIP calculator offered by Angel One to visualise how your investments can grow and assist in making informed decisions to achieve your retirement goals.

FAQs

What is today's NAV of HDFC MNC 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 MNC Fund Jun 12 2024 is 14.452

What is the AUM of HDFC MNC 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 MNC Fund is 586.06 crore.

What is the expense ratio of HDFC MNC 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 MNC Fund is 1.23%

What are the returns of HDFC MNC Fund since inception?

The HDFC MNC Fund was launched on Feb 17 2023. The fund has delivered a CAGR of 33.19 since inception.

What is the minimum SIP amount to invest in HDFC MNC 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 MNC Fund is 100.

How do I invest in HDFC MNC 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 MNC 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 MNC 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 MNC 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.