INF179K01962

CASPeR Ranking #105

HDFC Income Fund Growth

Moderate Risk Medium to Long Duration Fixed Income

NAV (Tue Feb 20 2024)

₹52

Returns (Since Inception)

4.09%

Category Average

5.27%

Rating

3

Allocation and Holdings

Asset class

Weightage

Unknown

80.86%

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Overall rating

100K+Downloads

Scheme Information

Fund name

HDFC Income Fund Growth


Minimum SIP

100


Risk Level

Moderate Risk


AUM

₹7,502 Cr


ISIN

INF179K01962


Inception Date

Jan 01 1970


Standard Deviation

2.406


Beta

-


Sharpe Ratio

-0.813


Benchmark

NIFTY Medium to Long Dur Debt TR INR

Risk

Moderate Risk

Investment Objective

To generate income / capital appreciation through investments in debt and money market instruments. There is no assurance that the investment objective of the Scheme will be realized.

Fund Managers

Shobhit Mehrotra

Sankalp Baid

About the AMC

HDFC Asset Management Co Ltd


Phone Number

+91 22 66316333

Email Address

cliser@hdfcfund.com

Corporate Office Address

HDFC Asset Management Company Limited,“HUL House”, 2nd Floor,,H.T. Parekh Marg,165-166, Backbay Reclamation,,Churchgate,

Overall AUM

₹7,502 Cr


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frequently asked questions

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What is the current NAV of HDFC Income Fund Growth?

The NAV of HDFC Income Fund Growth is ₹52 as of Tue Feb 20 2024.

Net asset value, or NAV for short, is a mutual fund's cost per unit. Consider it the share price of a stock, but one that represents the total worth of all the investments made by the fund. This value affects how much you pay to invest or receive when redeeming units, and it changes every day based on changes in the market. Gaining insight into NAV enables you to evaluate a fund's performance and make wise investment choices.

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Who is the fund manager of HDFC Income Fund Growth?

Shobhit Mehrotra is the current fund manager of HDFC Income Fund Growth as on Wed Feb 21 2024. A fund manager's performance history, investment style and strategy, approach to risk management, tenure and experience, fees and charges, and alignment with investor goals all have an impact on the fund performance.

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What is the expense ratio of HDFC Income Fund Growth?

The Expense Ratio of HDFC Income Fund Growth is 0.00% as of Wed Feb 21 2024 which means if you earn ₹50,000 worth returns on an investment in this fund then 0.00% of those returns will be retained by the AMC.

The annual fees you pay the mutual fund firm to manage your investments in that fund are known as the Expense Ratio. The Expense Ratio is deducted from the returns that the fund generates and expressed as a percentage of Assets Under Management (AUM).

Because a smaller portion of the gains will be retained, a fund with a lower expense ratio is always preferable because it will result in larger returns for you.

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What is the minimum SIP amount of HDFC Income Fund Growth?

The minimum Systematic Investment Plan (SIP) amount required for HDFC Income Fund Growth is ₹100. A Systematic Investment Plan (SIP) is an investment approach in mutual funds where an investor selects a mutual fund scheme and invests a fixed amount at regular intervals. The SIP investment strategy involves investing a small amount consistently over time, as opposed to investing a large sum in a single instance. This method aims to potentially yield higher returns over the long term by leveraging the benefits of rupee cost averaging and compounding.

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What is the minimum lump sum amount required to invest in HDFC Income Fund Growth?

To initiate a lump sum investment in HDFC Income Fund Growth, a minimum initial amount of ₹100 is necessary. This means that to participate in this investment option, investors must commit a starting sum of at least INR 5000. A lumpsum investment is a common approach to investing money in financial instruments such as mutual funds. This method involves investing a substantial sum of money in a financial instrument in a single transaction, as opposed to making multiple smaller payments over time.

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What is risk category of the HDFC Income Fund Growth?

In accordance with SEBI regulations, mutual funds are required to disclose the risk associated with investing, categorized into five levels: (a) Low: Low risk to principal, (b) Moderately Low: Moderately low risk to principal, (c) Moderate: Moderate risk to principal, (d) Moderately High: Moderately high risk to principal, (e) High: High risk to principal. The risk category of HDFC Income Fund Growth is classified as Moderate Risk.

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What is the category of HDFC Income Fund Growth?

The category of the HDFC Income Fund Growth is Fixed Income.

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