NAV : ₹ 14.806 as of 22 November, 2024
Fund size
Min SIP
Lumpsum
Launch date
Fund plan
Scheme type
Over the past
Disclaimer: Past performance is not an indicator of future returns
Inclusive of GST
Nirman S. Morakhia
Feb 2023 - Present
HDFC Mutual Fund
Total AUM: 607082.81Cr
HDFC Mutual Fund, managed by HDFC Asset Management Company Limited, was founded in 1999 through a collaboration between HDFC Limited and abrdn Investment Management Limited. Positioned as one of the largest mutual fund houses in India, it currently manages assets worth Rs. 5.56 lakh crore as of December 2023. The fund house transitioned to a publicly listed entity in August 2018.
Learn more about HDFC Mutual Fund
Kotak Securities Limited: AMFI-registered Mutual Fund Distributor
To start an SIP in HDFC S&P BSE 500 Index Fund:
1. Login to the Kotak NEO App and tap Invest on the bottom navigation bar.
2. Under Other Investments, select Mutual Funds and search for HDFC S&P BSE 500 Index Fund.
3. On the HDFC S&P BSE 500 Index Fund details page, tap Invest Now.
4. Enter your investment amount under Monthly SIP, select your SIP date, and choose First Payment Now to complete the payment and initiate your SIP.
This simplified process helps you start your SIP quickly and efficiently.
To invest in HDFC S&P BSE 500 Index Fund:
1. Login to the Kotak NEO App and tap Invest on the bottom navigation bar.
2. Under Other Investments, select Mutual Funds and search for HDFC S&P BSE 500 Index Fund.
3. Open the scheme details and tap Invest Now.
4. Choose One-time Investment, enter the amount, accept the T&C, and click Proceed.
5. Complete the payment via your bank’s e-banking page.
Your order will be successfully placed upon payment confirmation.
To automate an SIP in HDFC S&P BSE 500 Index Fund, use the Auto-Invest feature on Kotak Securities. This allows you to set up automatic investments, SIPs in mutual funds at regular intervals. Once configured, your chosen amount will be invested in the HDFC S&P BSE 500 Index Fund automatically, ensuring consistent contributions without manual intervention.
To withdraw or redeem your investment in HDFC S&P BSE 500 Index Fund:
1. Login to the Kotak NEO App and access the Mutual Funds section.
2. Tap Reports on the bottom bar and select Manage SIP.
3. Find the HDFC S&P BSE 500 Index Fund, tap the three dots, and select Stop SIP.
4. Confirm your action, and your SIP will be successfully stopped.
This streamlined process will help you redeem your investment quickly.
NAV stands for net asset value, where the performance of a mutual fund is derived by its NAV per unit. NAV per unit is the market value of securities in a scheme, divided by the total number of units in the scheme on a given date.
The Net Asset Value of HDFC S&P BSE 500 Index Fund is ₹14.81
AUM means ‘asset under management,’ which implies the cumulative sum of the market value of total securities held in a mutual fund scheme. MFs invest in Equities, Bonds & other such instruments. If you add the market value of all the investments made by the mutual fund along with any idle cash that it holds, the final tally is called AUM. It tells you how large or small a mutual fund is.
The AUM of HDFC S&P BSE 500 Index Fund is ₹184.01 Cr.
Every mutual fund scheme has a minimum SIP amount, which one may start with.
The minimum SIP amount of HDFC S&P BSE 500 Index Fund is ₹100
As per SEBI Regulations, mutual funds are permitted to charge certain operating expenses for managing a mutual fund scheme. The total expense ratio is calculated as a percentage of the scheme’s NAV. It's deducted from the total revenue generated by a mutual fund before disbursing it to the investors.
The Expense Ratio of HDFC S&P BSE 500 Index Fund is 0.81%
It’s a fee charged by the mutual fund house if an investor fully or partially exits from an invested scheme within a stated period from the date of investment. The time period for which it applies varies with the type of fund. It's calculated from the date of investment, whether in SIP or lump sum form.