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Top HDFC Mutual Fund - SIP Schemes, Performance, Returns 2025

HDFC Asset Management Company holds an 11.5% market share. The company manages a quarterly average assets under management (QAAUM) of ₹8.28 lakh cr. as of June 2025. HDFC Bank owns a 52.48% stake in the company. The company has grown its QAAUM by 36.3% compared to the previous year.

Best HDFC Mutual Funds (2025)

Top HDFC Mutual Funds in India (2025)

Here's the list of top HDFC mutual funds across equity, debt, hybrid funds offered by HDFC Asset Management Company Ltd.

Created by

@82600328260032

Showing 1 - 20 of 88 results

last updated at 8:00 AM IST 
NameMFs (88)Sub CategorySub CategoryPlanPlanAUMAUMAMCAMCNAVNAVAbsolute Returns - 3MAbsolute Ret. - 3MAbsolute Returns - 1YAbsolute Ret. - 1YCAGR 3YCAGR 3YExpense RatioExpense RatioExit LoadExit LoadVolatilityVolatilitySharpe RatioSharpe Ratio
1.HDFC Balanced Advantage Fund
HDFC Balanced Advantage Fund
Balanced Advantage Fund
Balanced Advantage Fund
Growth
Growth
1,06,493.55
1,06,493.55
HDFC Asset Management Company Limited
HDFC Asset Management Company Limited
4.10
4.10
5.52
5.52
18.14
18.14
0.73
0.73
1.00
1.00
8.05
8.05
0.20
0.20
2.HDFC Flexi Cap Fund
HDFC Flexi Cap Fund
Flexi Cap Fund
Flexi Cap Fund
Growth
Growth
91,041.00
91,041.00
HDFC Asset Management Company Limited
HDFC Asset Management Company Limited
4.35
4.35
9.71
9.71
21.38
21.38
0.68
0.68
1.00
1.00
10.60
10.60
0.55
0.55
3.HDFC Mid Cap Fund
HDFC Mid Cap Fund
Mid Cap Fund
Mid Cap Fund
Growth
Growth
89,383.23
89,383.23
HDFC Asset Management Company Limited
HDFC Asset Management Company Limited
5.83
5.83
6.52
6.52
25.39
25.39
0.71
0.71
1.00
1.00
14.32
14.32
0.23
0.23
4.HDFC Liquid Fund
HDFC Liquid Fund
Liquid Fund
Liquid Fund
Growth
Growth
63,736.88
63,736.88
HDFC Asset Management Company Limited
HDFC Asset Management Company Limited
1.44
1.44
6.66
6.66
7.03
7.03
0.20
0.20
0.01
0.01
0.13
0.13
2.48
2.48
5.HDFC Large Cap Fund
HDFC Large Cap Fund
Large Cap Fund
Large Cap Fund
Growth
Growth
39,779.26
39,779.26
HDFC Asset Management Company Limited
HDFC Asset Management Company Limited
4.17
4.17
4.39
4.39
15.56
15.56
0.97
0.97
1.00
1.00
11.78
11.78
0.07
0.07
6.HDFC Small Cap Fund
HDFC Small Cap Fund
Small Cap Fund
Small Cap Fund
Growth
Growth
38,412.10
38,412.10
HDFC Asset Management Company Limited
HDFC Asset Management Company Limited
-1.39
-1.39
-1.85
-1.85
21.01
21.01
0.67
0.67
1.00
1.00
16.31
16.31
-0.27
-0.27
7.HDFC Money Market Fund
HDFC Money Market Fund
Money Market Fund
Money Market Fund
Growth
Growth
37,517.18
37,517.18
HDFC Asset Management Company Limited
HDFC Asset Management Company Limited
1.51
1.51
7.62
7.62
7.66
7.66
0.23
0.23
-
-
0.41
0.41
8.46
8.46
8.HDFC Corp Bond Fund
HDFC Corp Bond Fund
Corporate Bond Fund
Corporate Bond Fund
Growth
Growth
36,381.68
36,381.68
HDFC Asset Management Company Limited
HDFC Asset Management Company Limited
1.84
1.84
7.72
7.72
8.06
8.06
0.36
0.36
-
-
1.21
1.21
2.95
2.95
9.HDFC Large and Mid Cap Fund
HDFC Large and Mid Cap Fund
Large & Mid Cap Fund
Large & Mid Cap Fund
Growth
Growth
28,486.64
28,486.64
HDFC Asset Management Company Limited
HDFC Asset Management Company Limited
3.99
3.99
4.11
4.11
19.86
19.86
0.84
0.84
1.00
1.00
14.19
14.19
0.07
0.07
10.HDFC Low Duration Fund
HDFC Low Duration Fund
Low Duration Fund
Low Duration Fund
Growth
Growth
25,493.10
25,493.10
HDFC Asset Management Company Limited
HDFC Asset Management Company Limited
1.73
1.73
7.94
7.94
7.90
7.90
0.45
0.45
-
-
0.50
0.50
7.54
7.54
11.HDFC Focused Fund
HDFC Focused Fund
Focused Fund
Focused Fund
Growth
Growth
25,140.43
25,140.43
HDFC Asset Management Company Limited
HDFC Asset Management Company Limited
3.55
3.55
9.62
9.62
21.56
21.56
0.61
0.61
1.00
1.00
10.17
10.17
0.57
0.57
12.HDFC Hybrid Equity Fund
HDFC Hybrid Equity Fund
Aggressive Hybrid Fund
Aggressive Hybrid Fund
Growth
Growth
24,684.07
24,684.07
HDFC Asset Management Company Limited
HDFC Asset Management Company Limited
3.30
3.30
4.32
4.32
12.27
12.27
1.01
1.01
1.00
1.00
8.26
8.26
0.05
0.05
13.HDFC Arbitrage-WP
HDFC Arbitrage-WP
Arbitrage Fund
Arbitrage Fund
Growth
Growth
23,009.16
23,009.16
HDFC Asset Management Company Limited
HDFC Asset Management Company Limited
1.44
1.44
6.87
6.87
7.71
7.71
0.41
0.41
0.25
0.25
0.84
0.84
3.13
3.13
14.HDFC Arbitrage Fund
HDFC Arbitrage Fund
Arbitrage Fund
Arbitrage Fund
Growth
Growth
23,009.16
23,009.16
HDFC Asset Management Company Limited
HDFC Asset Management Company Limited
1.44
1.44
6.87
6.87
7.71
7.71
0.41
0.41
0.25
0.25
0.84
0.84
3.12
3.12
15.HDFC Nifty 50 Index Fund
HDFC Nifty 50 Index Fund
Index Fund
Index Fund
Growth
Growth
21,978.33
21,978.33
HDFC Asset Management Company Limited
HDFC Asset Management Company Limited
5.34
5.34
7.46
7.46
12.67
12.67
0.20
0.20
0.25
0.25
12.05
12.05
0.31
0.31
16.HDFC Multi Cap Fund
HDFC Multi Cap Fund
Multi Cap Fund
Multi Cap Fund
Growth
Growth
19,732.03
19,732.03
HDFC Asset Management Company Limited
HDFC Asset Management Company Limited
2.88
2.88
1.92
1.92
20.46
20.46
0.73
0.73
1.00
1.00
14.47
14.47
-0.09
-0.09
17.HDFC Ultra Short Term Fund
HDFC Ultra Short Term Fund
Ultra Short Duration Fund
Ultra Short Duration Fund
Growth
Growth
18,874.92
18,874.92
HDFC Asset Management Company Limited
HDFC Asset Management Company Limited
1.60
1.60
7.41
7.41
7.50
7.50
0.37
0.37
-
-
0.36
0.36
9.10
9.10
18.HDFC Short Term Debt Fund
HDFC Short Term Debt Fund
Short Duration Fund
Short Duration Fund
Growth
Growth
18,411.94
18,411.94
HDFC Asset Management Company Limited
HDFC Asset Management Company Limited
1.93
1.93
8.34
8.34
8.17
8.17
0.40
0.40
-
-
0.87
0.87
4.76
4.76
19.HDFC ELSS Tax saver
HDFC ELSS Tax saver
Equity Linked Savings Scheme (ELSS)
Equity Linked Savings Scheme (ELSS)
Growth
Growth
17,194.16
17,194.16
HDFC Asset Management Company Limited
HDFC Asset Management Company Limited
3.64
3.64
8.16
8.16
20.68
20.68
1.08
1.08
-
-
11.11
11.11
0.39
0.39
20.HDFC Floating Rate Debt Fund
HDFC Floating Rate Debt Fund
Floating Rate Fund
Floating Rate Fund
Growth
Growth
15,772.63
15,772.63
HDFC Asset Management Company Limited
HDFC Asset Management Company Limited
1.87
1.87
8.26
8.26
8.23
8.23
0.26
0.26
-
-
0.64
0.64
6.35
6.35

Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Mutual Fund Screener and is subject to real-time updates.

Selection criteria: AMC: HDFC Asset Management Company Ltd | AUM: Sorted from Highest to Lowest

What are HDFC Mutual Funds?

HDFC Mutual Funds are investment schemes managed by HDFC Asset Management Company (HDFC AMC), one of India’s largest and most trusted fund houses. These funds pool money from multiple investors and invest it across various asset classes such as equities (stocks), debt (bonds), and hybrid instruments, depending on the fund type and objective. Each HDFC Mutual Fund is managed by professional fund managers who aim to generate returns aligned with the fund’s stated goals, such as capital appreciation, income generation, or wealth preservation.

Key Information About the HDFC Asset Management Company Ltd

Here are the key details about HDFC Asset Management Company Ltd -

Category Details
Established 1999
AMC Name HDFC Asset Management Company Limited
Headquarters Mumbai, Maharashtra
Paid-up Capital ₹106.90 cr as of 31st March, 2025
Net Worth ₹6,682.42 cr as of 31st March, 2025
Assets Under Management ₹7.62 lakh cr (₹7.62 tn) as of 31st March, 2025
Equity Shareholding - HDFC Bank Limited (Promoter): 52.47%- Other Shareholders: 47.53% as of 31st March, 2025
Managing Director & CEO Mr Navneet Munot (Reappointed for a 5-year term starting 1st July, 2024)
Number of Schemes 105 schemes (portfolios) as of 31st March, 2025
Unique Investors 13.2 mn unique investors as of 31st March, 2025
Distribution Network - Over 95,000 empanelled distribution partners- 280 offices across India, with 196 in B-30 locations

Types of Funds Offered by HDFC Asset Management Company Ltd

HDFC Equity Funds

Equity funds mainly invest in stocks. They offer long-term capital appreciation. HDFC AMC offers around 20 equity funds. These include large-cap funds, mid-cap funds, and flexi-cap options like HDFC Top 100 Fund and HDFC Flexi Cap Fund.

HDFC Debt Funds

Debt funds focus on fixed-income securities like bonds. They aim to offer stable returns with lower risk. HDFC AMC offers over 20 debt funds. These include the HDFC Corporate Bond Fund and the HDFC Short Term Debt Fund. Conservative investors who seek income stability can choose these funds.

HDFC Hybrid Funds

Hybrid funds invest in both equity and debt. This mix balances growth and stability. HDFC AMC offers around 10 hybrid funds. These include the HDFC Balanced Advantage Fund and the HDFC Hybrid Equity Fund.

HDFC Solution-Oriented Funds

Solution-oriented funds help investors achieve specific financial goals like retirement or education. HDFC AMC offers funds such as HDFC Retirement Savings Fund and HDFC Children's Gift Fund.

HDFC Index Funds and ETFs

Index funds and ETFs track market indices like the Nifty 50 or Sensex. They aim to offer passive exposure to the broader market. HDFC AMC offers a range of index funds and ETFs, including the HDFC Nifty 50 Index Fund.

HDFC Sectoral/Thematic Funds

Sectoral and thematic funds focus on specific sectors, such as technology or infrastructure. HDFC AMC offers several sectoral funds, including the HDFC Infrastructure Fund.

HDFC Tax Saving Funds (ELSS)

ELSS funds offer tax benefits under Section 80C with a 3-year lock-in period. HDFC AMC provides several ELSS funds, including the HDFC Tax Saver Fund.

Fund of Funds (FoFs)

A Fund of Funds invests in other mutual fund schemes. FoFs offer diversification across various fund categories. HDFC AMC offers a few FoFs, such as the HDFC Gold Fund.

Overview of the Top HDFC Mutual Fund Schemes

HDFC Balanced Advantage Fund

HDFC Balanced Advantage Fund is a dynamic hybrid fund. It adjusts its equity and debt exposure based on market conditions. The fund aims to provide capital appreciation with lower volatility. It invests in a mix of equity, debt, and arbitrage opportunities.

HDFC Mid Cap Fund

This mid cap fund by HDFC invests primarily in mid cap fund companies. These companies have high growth potential. The fund seeks long-term capital appreciation by targeting stocks in the mid-cap space. The fund offers a higher risk-return profile.

HDFC Flexi Cap Fund

HDFC Flexi Cap Fund invests across large, mid, and small-cap stocks. This provides flexibility to adjust the portfolio based on market opportunities. The fund aims for long-term capital growth. It diversifies across various market segments.

HDFC Liquid Fund

HDFC Liquid Fund invests in short-term money market instruments and high-quality debt securities. The fund aims to provide low-risk, stable returns.

HDFC Large Cap Fund

​​HDFC Large Cap Fund primarily invests in large, well-established companies. These companies have stable growth prospects. The fund seeks to provide steady capital appreciation by investing in blue-chip stocks.

How to Invest in HDFC Mutual Funds?

Here’s how you can identify and invest in top HDFC Mutual Funds with Tickertape Mutual Fund Screener -

  1. Launch Tickertape Mutual Fund Screener.
  2. Add a filter “AMC” and select “HDFC Asset Management Company Ltd”.
  3. Sort out the top HDFC mutual funds based on over 50 fundamental and technical filters.
  4. After identifying the HDFC mutual funds, that align with your investment thesis, click on “Place Order” to invest the HDFC mutual funds.

With Tickertape Mutual Fund Screener, you can invest ‘lumpsum’ or start a ‘SIP’ in HDFC mutual funds. Moreover, by connecting your portfolio , you can do a deep analysis of your portfolio and assess its performance.

Top HDFC Fund Managers

Arun Agarwal

Since joining HDFC AMC in August 2020, Arun Agarwal has built a reputation for managing a varied mix of equity and index funds. His work covers everything from large-cap to mid-cap stocks, along with thematic investment strategies. You'll find his influence in schemes like the HDFC Nifty 50 Index Fund and HDFC Nifty Midcap 150 Index Fund.

Nandita Menezes

A relatively recent addition to HDFC AMC (joining in March 2025), Nandita Menezes works primarily with equity and arbitrage strategies. She co-manages multiple funds—including the HDFC Nifty 50 Index Fund and HDFC Gold ETF Fund of Funds—and takes a thoughtful, strategic approach when constructing portfolios.

Gopal Agrawal

With deep experience in equity markets, Gopal Agrawal came on board at HDFC AMC in November 2020. He's responsible for managing funds like the HDFC Tax Saver Fund and HDFC Focused 30 Fund, concentrating mainly on large-cap and mid-cap stocks with an eye toward delivering steady, reliable returns.

Shobhit Mehrotra

As Head of Fixed Income at HDFC AMC, Shobhit Mehrotra supervises a wide array of debt-oriented schemes. He's been with the company since 2004 and handles funds such as the HDFC Credit Risk Debt Fund and HDFC Floating Rate Debt Fund. His management style puts strong emphasis on credit quality and careful duration management.

Anil Bamboli

Another long-term member of the HDFC AMC team since 2004, Anil Bamboli has carved out his niche in fixed income investments. He oversees several debt funds, including the HDFC Corporate Bond Fund and HDFC Short Term Debt Fund, always working to optimize returns while keeping a close watch on interest rate risks.

Risks Associated with HDFC Mutual Funds

Market Fluctuations and Broad Risk Factors

Your fund's value can swing based on economic conditions, political developments, and market-wide disruptions—especially if you're invested in equity funds. These ups and downs have a direct impact on the Net Asset Value (NAV), sometimes quite dramatically.

Concentration and Specific Risk

When a fund puts too many eggs in one basket—focusing heavily on a single sector or just a handful of companies—it becomes vulnerable. If those specific areas hit a rough patch, your overall returns can take a disproportionate hit.

Liquidity and Redemption Challenges

While HDFC offers daily liquidity for most of its funds, not all assets within those schemes are equally easy to sell. During market stress or when many investors want to exit at once, you might face delays getting your money out. This isn't necessarily a flaw—it's just the nature of certain investments and market conditions.

Currency and Exchange Rate Risks

If your mutual fund invests in international markets, currency movements become a real concern. When you eventually convert foreign gains back to Indian Rupees, unfavourable exchange rate shifts can eat into your returns.

Uncertainty from Regulatory and Policy Changes

SEBI and other regulatory bodies don't stand still. They update rules and policies, and the government can shift its stance on various matters. Any of these changes can impact how your fund operates and performs going forward.

Credit and Interest Rate Risks

Debt funds face two main challenges. First, there's credit risk—the possibility that a bond issuer might default or get downgraded, which would hurt the bond's value. Second, there's interest rate risk: when rates go up, bond prices typically fall. Both can affect your investment's performance.

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Factors to Consider Before Investing in HDFC Mutual Funds

Investment Duration

Your investment timeline matters a lot when picking the right fund. Planning to stay invested for years? Equity funds make more sense because they need time to weather volatility and let compounding work its magic. Got a shorter horizon? Debt funds are usually the smarter choice—they're less volatile and do a better job protecting your principal.

Evaluating Fund Performance

Sure, past performance doesn't guarantee future results—everyone knows that. But it's still worth examining how a fund has behaved across different market cycles. Look beyond the flashy short-term numbers and focus on consistency. How well did it hold up during downturns? That tells you more than chasing last quarter's top performer.

Tax Effects

Taxes can make a real difference in what you actually pocket. Mutual fund investments come with various tax implications—Long-Term Capital Gains, Short-Term Capital Gains, and so on. Certain funds like ELSS even offer tax breaks under Section 80C of the Income Tax Act. Getting a handle on these rules helps you figure out your real, after-tax returns.

Fund Manager's Experience

Never underestimate the person behind the fund. An experienced manager with a solid track record and consistent investment philosophy can be a major asset. Their ability to navigate different market conditions and stick to a disciplined approach often separates good funds from mediocre ones.

Documents Required to Invest in HDFC Mutual Funds

Here are a few documents you may require to invest in HDFC Mutual Funds

  1. Know Your Customer (KYC) Compliance
  2. Proof of Identity (POI)li>
  3. Proof of Address (POA)
  4. Bank Account Details
  5. Additional Documents for Specific Categories (e.g., Non-Individuals, HUF, Partnership Firms)

Note: For latest details visit HDFC’s official AMC website.



Conclusion

HDFC Mutual Fund offers diverse schemes that experienced professionals manage across various market segments. The AMC's strong track record and comprehensive fund options provide attractive opportunities. However, you must carefully assess your risk tolerance, investment horizon, and financial objectives before you invest. To conduct this research, you can utilise tools like the Tickertape Mutual Fund Screener and conduct fundamental and technical analysis based on various factors to aid your decision-making.

Frequently Asked Questions About HDFC Mutual Funds

  1. How to start HDFC mutual fund SIP online?

    Here’s how you can start a SIP in HDFC Mutual Funds,

    1. Launch Tickertape Mutual Fund Screener.
    2. Select the HDFC Mutual Funds that aligns with your investment goals.
    3. Click on “Place Order” and select the option “SIP”. Enter the SIP amount and confirm “OK”

    Your order will be placed.

  2. How to calculate HDFC mutual fund returns?

    Here’s how you can calculate returns on your HDFC mutual fund investement -
    Absolute Return = ((Current NAV - Initial NAV) / Initial NAV) * 100

    With this formula you can measure how much your investment has grown in total. Moreover, you can also use Tickertape Mutual Fund Screener to get latest data on the HDFC mutual fund’s performance.

  3. Does HDFC offer tax-free mutual fund schemes?

    HDFC offers tax-saving options, particularly through its Equity Linked Savings Scheme (ELSS). While the returns are subject to long-term capital gains tax, these funds allow investors to claim tax deductions under Section 80C of the Income Tax Act.
    Disclaimer: You can check the latest information about HDFC ELSS funds on Tickertape Mutual Fund Screener.

  4. How do I cancel/stop HDFC mutual fund SIP?

    To cancel HDFC mutual fund SIP, please refer to the official website.

    Disclaimer: Please do your own research or consult your financial advisor before making financial decision.

  5. How to withdraw money from HDFC mutual funds?

    Here’s how to withdraw/redeem from HDFC mutual fund on Tickertape Mutual Fund Screener -

    1. Step 1 - Select the HDFC mutual fund you want to redeem
    2. Step 2 - It will automatically redirect you to smallcase app. There you’ve to login to your smallcase account using your registered email or broker login.
    3. Step 3 - Go to the “Investments” or “Portfolio” tab from the bottom navigation bar.
    4. Step 4 - Find the HDFC mutual fund you want to withdraw under “Mutual Funds” section (or “My Investments”),
    5. Step 5 - Tap on the mutual fund name to open its details page.
    6. Step 6 - Choose the ‘Redeem’ option. It will start the withdrawal process.
    7. Step 7 - Select withdrawal type - By Amount, By Units, or Full Redemption.
    8. Step 8 - Confirm your bank account details.
    9. Step 9 - Tap on ‘Redeem’ / ‘Confirm’ to confirm redemption.

  6. What are the redemption charges of HDFC mutual funds?

    HDFC mutual funds do not levy any redemption charges. However, an exit load may apply if units are redeemed within a specified period from the date of investment. You can check the latest specific scheme details for charges on Tickertape Mutual Fund Screener.

  7. Which are the top-performing HDFC mutual funds?

    Here are the top HDFC mutual funds based on their 5Y CAGR:

    1. HDFC Infrastructure Fund
    2. HDFC Small Cap Fund
    3. HDFC Focused Fund
    4. HDFC Mid Cap Fund
    5. HDFC Flexi Cap Fund

    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

  8. How to increase the SIP amount in HDFC mutual funds?

    You can do it from your broker account or from HDFC mutual fund official website.

  9. How to choose the best HDFC mutual funds before investing?

    Here’s how to choose the best HDFC mutual fund for investing -

    1. Assess your risk tolerance.
    2. Analyse the fund’s performance on Tickertape Mutual Fund Screener.
    3. Compare the expense ratio.
    4. Evaluate portfolio diversification across sectors, market caps, and asset classes.
    5. Understand tax implications as equity and debt funds are taxed differently.
    6. Check for exit load and lock-in period.


    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.