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HDFC Mutual Fund is rated amongst some of the largest AMC’s in India. Investors have been preferring HDFC Mutual Fund as it has been able to live up to their expectations by investing in the financial market.
The fund house offers schemes across categories like Equity, Debt, Fixed Income, retirement Fund, and much more. Investors have a vast choice when it comes to choosing funds according to their risk appetite and goals. High risk investors can park their money in equity funds, whereas those with an average risk appetite can go for Debt fund osffered by HDFC Mutual Fund. There is an option of choosing HDFC Mutual Fund Online too through ET Money which gives you a detailed overview of the funds that suit your requirements in the best way.
Given below is the list of the Top 7 HDFC Mutual Fund schemes for 2022. These funds have been shortlisted taking into consideration various parameters which make them the best pick.
1. HDFC Corporate Bond Fund
HDFC Corporate Bond Fund is a Debt – Corporate Bond fund which was launched on 29th June 2010 to generate consistently via investment in Debt/ Money Market Instruments and Government Securities with maturities not exceeding 60 months.
The fund carries moderately low risk and has given a CAGR/Annualized return of 8.2% since its launch. It is ranked 2nd in the corporate bond category.
The fund’s return for 2019 was 10.3%, 2020 was 11.8% and 2021 was 3.9%.
2. HDFC Balanced Advantage Fund
HDFC Balanced Advantage Fund is a Hybrid – Dynamic Allocation fund which was launched on 11th Sep 2000 with the aim to generate long term capital appreciation from a portfolio that invests majorly in equity and equity related instruments.
The fund carries moderately high risk and has given a CAGR/Annualized return of 17.9% since its launch. It is ranked 23rd in Dynamic Allocation category.
The fund’s return for 2019 was 6.9%, 2020 was 7.6% and 2021 was 26.4%.
3. HDFC Credit Risk Debt Fund
HDFC Credit Risk Debt Fund is a Debt – Credit Risk fund which was launched on 25th Mar 2014 to generate regular income and capital appreciation by investing predominantly in corporate debt.
The fund carries moderate risk and has given a CAGR/Annualized return of 8.2% since its launch. It is ranked 9th in Credit Risk category.
The fund’s return for 2019 was 8.6%, 2020 was 10.9% and 2021 was 7%.
4. HDFC Hybrid Debt Fund
HDFC Hybrid Debt Fund is a Hybrid – Hybrid Debt fund which was launched on 26th Dec 2003 with the primary aim of generating regular returns through investing primarily in Debt and Money Market Instruments along with generating long-term capital appreciation by investing a portion of the scheme’s assets in equity and equity related instruments.
The fund is moderately high risk and has given a CAGR/Annualized return of 10.1% since its launch. It is ranked 16th in the Hybrid Debt category.
The fund’s return for 2019 was 6.6%, 2020 was 10.2% and 2021 was 13.4%.
5. HDFC Small Cap Fund
HDFC Small Cap Fund is an Equity – Small Cap fund which was launched on 3rd Apr 2008 to provide long-term capital appreciation by investing majorly in Small-Cap and Mid-Cap companies.
It is a fund with moderately high risk and has given a CAGR/Annualized return of 14.8% since its launch. It is ranked 9th in the Small Cap category.
The fund’s return for 2019 was -9.5%, 2020 was 20.2% and 2021 was 64.9%.
6. HDFC Equity Savings Fund
HDFC Equity Savings Fund is a Hybrid – Equity Savings fund which was launched on 17th Sep 2004 with the investment objective of providing capital appreciation and income distribution to the investors using arbitrage opportunities, investment in equity / equity related instruments and debt / money market instruments.
The fund carries moderate high risk and has given a CAGR/Annualized return of 9.2% since its launch. It is ranked 12th in the Equity Savings category.
The fund’s return for 2019 was 5.8%, 2020 was 8.8% and 2021 was 16.8%.
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7. HDFC Focused 30 Fund
HDFC Focused 30 Fund is an Equity – Focused fund which was launched on 17th Sep 2004.
The fund is moderately high risk and has given a CAGR/Annualized return of 15% since its launch. It is ranked 39th in the Focussed category
The fund’s return for 2019 was 3.8%, 2020 was 4.2% and 2021 was 40.1%.