Top HDFC Mutual Funds 2025: Best Funds, Returns & Performance
HDFC Mutual Fund is a prominent player in the Indian financial landscape. Established in 2000, it is a subsidiary of HDFC Ltd., one of India’s leading financial institutions. HDFC Mutual Fund has become a top choice for investors seeking various investment opportunities due to its commitment to excellence. Offering a comprehensive range of mutual fund schemes, the fund blends innovation, integrity, and a customer-focused approach to guide individuals on their financial path.
List of HDFC Mutual Funds in India
Here is a list of the 10 best HDFC mutual funds.
| HDFC Mutual Fund Name | Sub Category | AUM (Cr.) | CAGR 3Y (%) | Expense Ratio (%) |
|---|---|---|---|---|
| HDFC Infrastructure Fund | Sectoral Fund - Infrastructure | 2,329.22 | 34.94 | 1.04 |
| HDFC Mid-Cap Opportunities Fund | Mid Cap Fund | 74,909.76 | 30.44 | 0.79 |
| HDFC Focused 30 Fund | Focused Fund | 18,559.82 | 27.35 | 0.65 |
| HDFC Small Cap Fund | Small Cap Fund | 30,880.43 | 26.64 | 0.78 |
| HDFC Flexi Cap Fund | Flexi Cap Fund | 74,105.46 | 26.62 | 0.74 |
| HDFC ELSS Tax saver | Equity Linked Savings Scheme (ELSS) | 16,232.40 | 25.86 | 1.06 |
| HDFC Housing Opp Fund | Thematic Fund | 1,279.29 | 24.57 | 1.22 |
| HDFC Large and Mid Cap Fund | Large & Mid Cap Fund | 24,326.39 | 24.35 | 0.87 |
| HDFC Retirement Savings Fund-Equity Plan | Solution Oriented, Retirement Fund - Equity Oriented | 5,983.38 | 23.21 | 0.78 |
| HDFC Dividend Yield Fund | Dividend Yield Fund | 6,176.92 | 22.92 | 0.71 |
Disclaimer: Please note that the above table is for educational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.
Note: The data on the top HDFC mutual funds in India in the list is from 23rd May, 2025. However, for real-time updates on stock prices and market trends, visit the smallcase stocks collection today!
Key Information About HDFC Asset Management Company Ltd
| Key Information | Details |
| Mutual Fund Name | HDFC Mutual Fund |
| Company Name | HDFC Asset Management Company Ltd. |
| Founded | 1999 |
| Headquarters | Mumbai, India |
| Trustee Organization | HDFC Trustee Company Limited |
| Industry | Mutual Fund Management |
| Services | Mutual Funds, Portfolio Management Services, Alternative Investment Opportunities |
| Investor Service Centers (ISCs) | 228 across more than 200 cities |
Brief Overview of the Best HDFC Mutual Funds
Let’s delve deeper into the details of these top 10 mutual fund schemes:
HDFC Infrastructure Fund
This is an Equity mutual fund scheme and was offered by HDFC Mutual Fund. This fund focuses on long-term capital appreciation by investing primarily in equity and equity-related securities of companies engaged in infrastructure development.
HDFC Mid Cap Opportunities Fund
This is an Equity mutual fund scheme launched by HDFC Mutual Funds. This fund aims to provide long-term capital appreciation by investing mainly in mid-cap companies. With a focus on companies in the mid-sized growth phase, it balances risk and return.
HDFC Focused 30 Fund
This is a Focused mutual fund scheme launched by HDFC Mutual Fund. It follows a concentrated investment approach by investing in equity and equity-related instruments of up to 30 companies. With a focus on select high-potential stocks, it aims to generate long-term capital appreciation.
HDFC Small Cap Fund
This is an Equity mutual fund scheme launched by HDFC Mutual Fund. Designed for long-term capital appreciation, this fund invests predominantly in small-cap companies.
HDFC Flexi Cap Fund
This is a Dividend-Yield mutual fund scheme launched by HDFC Mutual Fund in November 2020. This fund seeks capital appreciation and/or dividend distribution by investing in a well-diversified portfolio of dividend-yielding equity and equity-related instruments.
What are HDFC Mutual Fund in India?
HDFC Asset Management Company Ltd., known as HDFC Mutual Fund, is India’s largest actively managed equity mutual fund. It ranks among the country’s most profitable Asset Management Companies (AMCs), overseeing assets totalling Rs. 4.8 tn.
Features of the HDFC Fund
Let’s have a look at the HDFC MF scheme.
- Diverse Fund Options: HDFC mutual funds performance provides various fund options across multiple categories, including equity, debt, hybrid, and more, catering to different risk appetites and investment objectives.
- Experienced Fund Managers: The HDFC MF performance boasts a team of professional and skilled fund managers, who play pivotal roles in managing and steering the funds.
- Robust Performance Metrics: HDFC mutual fund investment has demonstrated strong performance metrics, including consistent returns, prudent risk management, and adherence to investment strategies. These metrics contribute to the overall trust and reliability associated with HDFC Mutual Fund schemes.
- Wide Distribution Network: HDFC Mutual Fund has an extensive network of 228 branches spanning 200 cities in India. This ensures broad accessibility, making it convenient for investors to engage with its services.
- Adherence to Regulatory Standards: As a regulated entity, HDFC Mutual Fund adheres to regulatory bodies’ guidelines and standards, such as the Securities and Exchange Board of India (SEBI), ensuring compliance and transparency in its operations.
How to Choose the Best HDFC MF Schemes?
Choosing the best HDFC MF schemes for financial planning can be complex, with many factors to consider. However, by following these steps, you can narrow down the top mutual funds in India under HDFC and identify the best mutual funds in India that are most likely to meet your investment goals.
- Understand Your Investment Goals: Before you start investing, it is important to understand your investment goals and risk appetite. What are you hoping to achieve? What is your time horizon? Are you comfortable with taking risks or do you prefer low-risk mutual funds?
- Consider Your Investment Horizon: Your investment horizon is the length of time you plan to invest your money. Long-term mutual funds are ideal for long term investment goals like retirement planning, buying a home, etc.
- Do Your Research: Once you understand your investment goals and risk assessment in mutual funds, you can start to research HDFC MF schemes to narrow down the best performing mutual funds.
- Consider the Fund’s Investment Objective: The fund’s investment objective depends on the type of assets it invests in. The HDFC mutual fund portfolio may offer a wide range of schemes, including HDFC equity funds, debt funds, hybrid funds, and growth mutual funds.
- Consider the Fund’s Track Record: Research the historical performance, like the nav of mutual funds, to choose the best mutual funds for SIP. However, it’s essential to keep in mind that past success does not necessarily predict future outcomes.
Top HDFC Fund Managers in India
- Chirag Setalvad: Chirag Setalvad, who has a B.Sc in Business Administration from the University of North Carolina, has diverse investment banking and equity research expertise. He joined HDFC Asset Management Company Ltd. in 2000 and returned in 2007 as the Senior Fund Manager of Equities, managing Rs. 57,928 Crore across 15 schemes.
- Prashant Jain: Prashant Jain, a Chartered Financial Analyst (CFA) holder of B.Tech and PGDM degrees, has managed funds since 1991. He joined HDFC Asset Management Company Ltd. in 2003 as the Chief Investment Officer, Executive Director, and Fund Manager. As of 2019, he has managed the HDFC Balanced Advantage Fund for 25 years, with an AuM of Rs. 90,640 Crore.
- Vinay R. Kulkarni: Vinay R. Kulkarni, B.Tech from IIT Bombay and PGDM from IIM Bangalore, started as a Software Engineer in 1988. He joined HDFC in 2006 as the Senior Fund Manager of Equity. He manages an AuM of Rs. 14,950 Crore across 10 HDFC Mutual Funds, including Equity Savings Direct Plan, Axsaver Direct Plan, Focused 30 Fund, Growth Opportunities Fund, etc.
Documents Required to Invest in HDFC Mutual Funds
PROOF OF IDENTITY
- PAN Card (Mandatory)
- Voter ID Card
- Driving License
- Passport
- Aadhaar Card
- Any other valid identity card issued by Central or State Government
PROOF OF ADDRESS
- Voter ID Card
- Driving License
- Passport
- Ration Card
- Aadhaar Card
- Bank account statement or bank passbook
- Utility Bill (not more than 3 months old)
If you are investing in a tax-saving mutual fund, you might also need to provide the following documents:
- Form 16 (for salaried individuals)
- Form 16A (for non-salaried individuals)
You can submit these documents online, by post, or in person at an HDFC Mutual Fund branch.
Please note that the required documents may vary depending on your circumstances. Therefore, check with HDFC Mutual Fund to confirm the documents you need.
How to Start HDFC Mutual Fund SIP Online?
You can easily start an SIP in a HDFC mutual fund by following these steps:
- To invest in mutual funds, you can visit an equity investment platform such as smallcase.
- The next step would be to research and identify the best HDFC mutual funds for SIP investment which align with your investment objective. You can easily select and learn more about the best HDFC mutual funds for SIPs with the help of a financial tool like the Tickertape Mutual Fund Screener. With 50+ pre-loaded filters, it helps you to create a comprehensive list by giving insights about the fund’s performance.
- Once you have selected the funds based on different metrics and parameters, go to smallcase.com or the smallcase app, and login via your phone number. Click on ‘Discover‘ and enter the name of the specific mutual fund in the search bar and hit enter. You can click on ‘invest now’ and select the SIP option to start an SIP!
Taxation on HDFC Mutual Funds as per the Union Budget 2024-25
Equity Mutual Funds
| Capital Gains Tax | Holding Period | Old Rate | New Rate |
| Short-Term Capital Gains (STCG) | Less than 12 months | 15% | 20% |
| Long-Term Capital Gains (LTCG) | More than 12 months | 10% | 12.50% |
- Tax-Free Limit: The capital gains up to Rs. 1.25 lakh per year are tax-free. This is an increase from the previous limit of Rs. 1 lakh.
- Tax Rate: The gains exceeding Rs. 1.25 lakh are now taxed at a flat rate of 12.5%. This is an increase from the previous rate of 10%.
- Indexation: The benefit of indexation, which allowed investors to adjust the purchase price for inflation, has been removed for all asset classes, including equity mutual funds.
Debt Mutual Funds
| Capital Gains Tax | Holding Period | Old Rate | New Rate |
| Short-Term Capital Gains (STCG) | Less than 36 months | Taxed according to your income tax slab | Taxed according to your income tax slab |
| Long-Term Capital Gains (LTCG) | More than 36 months | 10% | 12.50% |
- No Indexation Benefit: The previous benefit of adjusting the purchase price for inflation is removed. Now, the entire gain after three years is taxable at 12.5%.
- Change in Holding Period for Specified Mutual Funds: Previously, debt mutual funds with a holding period of over 36 months were taxed based on the investor’s tax slab, classified as Long-Term Capital Gains (LTCG). Now, for specified mutual funds where over 65% of the investment is in debt, the holding period for taxation has been reduced to over 24 months. These funds will still be taxed according to the investor’s tax slab as either LTCG or STCG.
Hybrid Mutual Funds
| Type of Hybrid Fund | Short-Term Capital Gains (STCG) | Long-Term Capital Gains (LTCG) | Indexation Benefit |
| Equity-Oriented Hybrid Funds | 20% for holdings less than 1 year | 12.5% for holdings over 1 year, with gains up to Rs. 1.25 lakh tax-free | Not available |
| Debt-Oriented Hybrid Funds | Taxed as per income tax slab for holdings less than 3 years | 12.5% for holdings over 3 years | Not available |
Note: Mutual fund schemes where neither the equity nor debt orientation exceeds 65% will now be classified as long-term investments after 24 months. The previous holding period for these funds was 36 months. These will be taxed at the revised LTCG tax rate of 12.5%.
How are Returns Calculated on HDFC Mutual Funds?
Returns on diversified mutual funds are calculated based on the Net Asset Value (NAV), which represents the per-unit price of the fund. There are different methods to measure returns depending on the investment horizon and mutual fund types.
- Absolute Returns: This measures the total percentage gain or loss on an investment over a specific period.
- Compounded Annual Growth Rate (CAGR): This reflects the average annual growth rate of an investment, smoothing out volatility.
- XIRR (Extended Internal Rate of Return): This calculates the overall return on mutual fund investment made at different intervals, commonly used for systematic investment plans.
- Annualised Returns: Represent returns over a standard one-year period, often used for comparing funds.
Benefits of Investing in HDFC MF
Investing in HDFC Mutual Fund investments can offer several additional benefits like financial growth and tax advantages. Here are some of the benefits of investing in HDFC MFs:
- Professional Management: HDFC MFs are managed by experienced and skilled fund managers with a proven track record of making informed asset allocation strategies. These experts meticulously research and analyse market trends, company performance, and economic factors to select and manage the funds’ underlying assets effectively.
- Diversification: HDFC MFs offer various investment options across various asset classes, including long term equity funds, debt funds, hybrid funds, and solution-oriented funds. This portfolio diversification allows investors to spread their investments across different asset classes, reducing overall risk and enhancing the potential for consistent returns.
- Transparency and Accessibility: HDFC Mutual Funds are committed to transparency and provide investors with regular updates. These updates are about fund performance, portfolio holdings, and investment strategies.
- Extensive Distribution Network: HDFC MFs have a vast distribution network with over 228 investor service centres (ISCs) across more than 200 cities in India. This extensive network makes it easy for investors to access HDFC MF schemes through various channels, including banks, brokers, and financial advisors.
To Wrap It Up…
To conclude, HDFC Mutual Fund, managed by HDFC Asset Management Company, offers a wide range of investment options. With a solid history of performance, diverse fund choices, and a focus on client satisfaction, it provides investors with a reliable path toward achieving financial goals and optimising returns.
As always, please do your own research and/or consult a financial advisor before investing.ch and/or consult a financial advisor before investing.
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Frequently Asked Questions(FAQs) on HDFC Mutual Funds
Mutual funds are subject to market risks and there is no guarantee of returns.
The minimum amount to start an HDFC mutual fund SIP online varies depending on the fund scheme, but it is typically around Rs. 500.
To calculate your HDFC Mutual Fund SIP, you can use the following formula:
SIP amount = (Goal amount) / (Investment horizon in years) * (1 + Expected return rate)
Short-term investing goals are typically best suited for debt funds, which are less volatile than equity funds. Some of the best HDFC MF schemes include HDFC Liquid Fund and HDFC Ultra Short Term Fund.
You can increase the SIP amount of your HDFC mutual fund scheme online, via your bank, or at an investor service centre.
