Which HDFC Mutual Fund is best?

Top 10 Hdfc Mutual Funds

Fund Name Category 1Y Returns
HDFC Mid-Cap Opportunities Fund Equity 73.1%
HDFC Top 100 Fund Equity 45.8%
HDFC Index Fund – NIFTY 50 Plan Other 42.8%
HDFC Balanced Advantage Fund Hybrid 46.6%

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Keeping this in consideration, what is HDFC hybrid debt fund?

An open ended hybrid scheme which aims to generate income/capital appreciation by investing primarily in debt securities and money market instruments while having a moderate exposure to equities. The Fund will invest 75-90% of the portfolio in debt and money market instruments.

One may also ask, how can I redeem my HDFC Tax Saver Fund? Fund Information and Statistics of HDFC Tax Saver

Being an ELSS tax saver fund, it can be redeemed after a minimum lock-in period of 3 years, under normal circumstances, the fund house will dispatch the redemption proceeds to the respective bank account within 10 business days from date of receipt of the request.

Keeping this in view, how is HDFC Short Term Debt Fund?

Short Duration Fund : Fund has 80.76% investment in Debt of which 17.35% in Government securities, 63.41% in funds invested in very low risk securities.. Suitable For : Investors who want to invest for 1-3 years and are looking for alternative to bank deposits.

Which HDFC Mutual Fund is best for lump sum?

  • HDFC Growth Opportunities Fund.
  • HDFC Long Term Advantage Fund.
  • HDFC Mid-Cap Opportunities Fund.
  • HDFC Equity Fund.
  • HDFC Top 100 Fund.
  • HDFC Focused 30 Fund.
  • HDFC Capital Builder Value Fund.
  • HDFC Tax Saver Fund.

Is HDFC Top 200 good fund?

HDFC Top 200 Funds has performed well for long term investors. The fund had a below average run in FY2013-14 but when looking at the longer time frame of 5 years, it has beaten the average returns in its category and performed better than the benchmark returns.

Which hybrid fund is best?

Top 10 Hybrid Mutual Funds

Fund Name Category 1Y Returns
Mirae Asset Hybrid – Equity Fund Hybrid 38.3%
Canara Robeco Equity Debt Allocation Fund Hybrid 37.7%
Axis Triple Advantage Fund Hybrid 37.3%
Edelweiss Balanced Advantage Fund Hybrid 32.1%

Which is the best monthly income plan?

6 Best Monthly Income Schemes In India

  • Fixed Deposit. Undoubtedly one of the best and most low-risk income schemes is a bank Fixed Deposit (FD). …
  • Post Office Monthly Income Scheme (POMIS) …
  • Long-term Government Bond. …
  • Corporate Deposits. …
  • SWP from Mutual Funds. …
  • Senior Citizen Saving Scheme.

What is HDFC Monthly income Plan?

An MIP is a monthly income mutual fund plan in which a company pays the investor/shareholder a particular amount on a monthly basis, depending on the performance of a particular fund. Therefore, the returns on the monthly frequency are actually variable as per the profit generated by a fund.

Is HDFC mutual fund tax free?

The scheme offers the dual benefit of tax saving and wealth creation. It comes with a lock-in period of three years and provides individuals/HUFs a deduction from gross total income for investments in Equity-Linked Savings Scheme upto ?1.5 lakh under section 80C of the Income Tax Act 1961.

Is it right time to redeem mutual funds?

So finally, to answer to the main question as to when is the right time to redeem money, ideally one should look at redeeming funds only when the financial goals are to be achieved. The funds invested in core portfolio are held till the financial goals are met but regular review is done to assess the performance.

Are mutual fund tax free?

Long term capital gains upto Rs 1 Lakh is totally tax free. … Mutual fund tax benefits under Section 80C – Investments in Equity Linked Savings Schemes or ELSS mutual funds qualify for deduction from your taxable income under Section 80C of the Income Tax Act 1961.

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