HDFC Mutual Fund
Overview:
HDFC Asset Management Company Limited (HDFC AMC) is one of India's leading mutual fund managers, recognized for its commitment to providing a wide range of investment options to individual investors, institutions, and intermediaries. With a legacy spanning over two decades, HDFC AMC is dedicated to delivering simple, accessible, and effective investment products tailored to meet the diverse financial needs of Indian households.
Key Highlights:
- Reputation and Trust: HDFC AMC prioritizes building trust with its clients, considering it a fundamental aspect of successful investing. Being part of the esteemed HDFC Group further solidifies the company's credibility and assures clients of a robust foundation built on transparency and governance.
- Investment Solutions: The company offers a comprehensive suite of investment options across various asset classes and scheme categories, helping clients navigate the complexities of today's financial markets. HDFC AMC provides Portfolio Management Services (PMS) and Separately Managed Account (SMA) Services tailored to the unique investment needs of High Net Worth Individuals (HNIs), family offices, domestic corporates, trusts, provident funds, and institutional investors.
- Market Presence: HDFC AMC boasts a vast network of 255 Investor Service Centres (ISCs) spread across more than 200 cities, enhancing its ability to serve clients effectively. The firm has established itself as the largest mutual fund and actively managed equity mutual fund in India, managing assets worth approximately ?6.1 lakh crores as of March 31, 2024.
Investment Philosophy:
- Long-Term Focus: HDFC AMC's investment philosophy emphasizes that stock prices ultimately reflect their intrinsic values. The company adopts a medium to long-term investment approach, focusing on minimizing mistakes especially large ones by prioritizing the price of purchase and avoiding overvalued or poor-quality assets.
- Fundamental Research: Investments are driven by rigorous fundamental research, with a commitment to understanding the businesses in which the company invests. The emphasis on quality research helps construct portfolios based on sound long-term fundamentals.
- Diversification and Stock Selection: HDFC AMC recognizes the importance of effective diversification and stock selection in an ever-changing market environment. The firm fosters a team-oriented approach, encouraging dialogue, sharing of ideas, and complementary efforts to build expertise while minimizing duplication.
- Investment Discipline: The company aligns its investment strategies and asset allocations with the objectives of its funds, maintaining the integrity of its products despite competitive pressures. HDFC AMC avoids assets where the associated risks are not well understood, ensuring a disciplined approach to investing.
Conclusion:
HDFC Asset Management Company Ltd. stands out as a preferred choice for mutual fund investors in India. With its commitment to transparency, robust governance, and a long-term investment philosophy, HDFC AMC continues to help clients achieve their financial goals, making significant strides toward its vision of becoming the most respected asset manager in the world.
Step by Step Guide to invest in
HDFC Mutual Fund
How to Invest in HDFC Mutual Funds online with Miles Wealth?
Investing in HDFC Mutual Funds through Miles Wealth is a simple, quick, and secure process, designed to give you full control over your investment decisions. Whether you prefer to explore curated fund recommendations tailored to your risk profile and financial goals, or select funds from a wide range of options, the process is straightforward.
Here's a step-by-step guide to get started:
Step 1: Download the Miles Wealth App
Start by downloading the Miles Wealth app. If you're an existing user, simply log in. New users can complete a quick and seamless registration process to create their account.
Step 2: Complete Your KYC
KYC (Know Your Customer) is a one-time, mandatory requirement to start investing. It is a fast, easy and online process that typically takes around 5 minutes. Keep your PAN card, Aadhaar card, bank account details, and Digilocker credentials handy to ensure smooth completion.
Step 3: Set Up Nominee Information
Add nominee details and allocate percentages. If you are assigning just one nominee, allocate 100%. If there are multiple nominees, distribute the percentage allocation accordingly.
Step 4: Browse or Search for Mutual Funds
You can either search for a specific mutual fund or explore our personalized collections, which are curated based on your risk tolerance and financial objectives. If you prefer, you can modify the recommendations and invest in any fund or AMC of your choice.
Step 5: Choose Investment Type (SIP or One-Time)
Decide whether to invest through a Systematic Investment Plan (SIP) or as a one-time investment. Enter your desired investment amount. For SIPs, choose the date for monthly debits from your bank account. To make the process even easier, we recommend setting up an e-mandate for automatic monthly investments.
Step 6: Review and Confirm Your Investment
Before finalizing, review your investment details, then confirm the order and make the payment. That's it! You have successfully invested.
Step 7: Track Your Portfolio
Once your investment is confirmed, it will reflect in your Miles Wealth account within 3-4 working days. You can track the performance of your portfolio and manage your investments directly from the app.
Need Assistance?
If you encounter any issues or have questions, our support team is ready to help. Simply drop us an email at support@mileswealth.in, and we'll get back to you promptly.
Why Choose Miles Wealth?
- Personalised Investing: We suggest funds that match your financial goals and risk level, making investing easy and personal.
- No Expertise Needed: You don't need prior knowledge - our platform simplifies everything for you.
- No More Guesswork: Stop relying on social media or friends' advice. Miles Wealth gives you clear, data-driven recommendations you can trust. We are AMFI licensed.
- Wealth Creation: Our goal is simple - help you build lasting wealth with smart, personalized investments.
- Regular Funds: We are AMFI Registered Mutual Fund Distributor, and we offer regular funds that align with your risk tolerance to help you achieve the best possible portfolio returns.
P.S. We earn only 0.5%-0.75% annually on the AUM we manage - so it's not expensive.
Your journey to wealth creation is just a few clicks away. Start investing with confidence today!
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Best Fund Managers at
HDFC Mutual Fund
Fund Manager
Abhishek Mor
Abhishek Poddar
Amit Sinha
Anand Laddha
Anil Bamboli
Anupam Joshi
Arun Agarwal
Balakumar Balasubramanian
Bhagyesh Kagalkar
Chirag Setalvad
Gopal Agrawal
Praveen Jain
Priya Ranjan
Rahul Baijal
Rakesh Sethia
Nikhil Mathur
Nirman S. Morakhia
Roshi Jain
Shobhit Mehrotra
Srinivasan Ramamurthy
Swapnil Jangam
Years with AMC
1.7
1.4
1.3
3.3
20.8
9
4.1
1.1
2.7
17.5
4.2
2
1.2
2.2
0.5
1.1
1.7
2.7
17.1
2.8
2
Too many options leads to confusion.
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