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Mutual funds help investors to invest their surplus amount in a lump sum or installments to generate returns over a long period. A sip calculator online provides information about the sip amount and period of investment to make sound decisions regarding Mutual fund selection. With various types of mutual funds available by different investment companies and financial institutions, HDFC mutual funds are considered to be one of the best options that investors can select for investment.
Offering an extensive range of mutual fund options, investors can opt for equity, debt, flexi, real estate, and other types of mutual funds that offer good returns with limited hassle. The following points can help investors understand why HDFC mutual funds for long-term investment.
Here are the 4 points to choose HDFC Mutual Funds for long-term investment:
1. Good track record
HDFC mutual funds have a positive track record in beating benchmarks like Sensex and Nifty. The HDFC mutual fund offers better returns as compared to other mutual funds. Upon close comparison with other mutual funds and the broad market index, the HDFC mutual fund has been able to deliver better returns in 3 and 5 year categories. Investors can opt for SIPs for investment in different types of HDFC mutual funds and leave the task of stock selection in the hands of reliable mutual fund managers appointed by HDFC.
2. Responsible mutual fund managers
The HDFC mutual funds are managed by responsible and reliable mutual fund managers who possess the necessary experience and expertise. Employing research tools and techniques, the mutual fund managers carefully selected different investment options like stocks, debt funds, and even ETFs. Moreover, the prompt investment decisions taken by the mutual fund managers have helped investors gain better returns and brace the market fluctuations with greater efficiency.
3. Low expenses
The HDFC mutual funds are also known for their low expense ratio in terms of fees and charges. Various funds available like Flexi cap HDFC mutual fund have an expense ratio ranging between 0.25 to 0.75 % which is quite low as compared to other mutual funds in the same category. Investors do not have to shell a huge sum towards fees and get to keep the return generated.
4. Robust performance
HDFC mutual funds for long-term investment have helped investors earn good returns in their investments delivering good performance. The funds have been able to withstand the changing investor sentiments, market fluctuations, and other cyclical changes. Moreover, investors have received extensive benefits from SIPs into the HDFC mutual funds. Investors have been able to reduce the effect of market volatility through monthly and yearly investments into different classes of HDFC mutual funds.
Apart from the above-mentioned benefits, investment in HDFC mutual funds has enabled investors to save a considerable amount of tax. The ELSS fund offers tax-saving benefits to the investors making it a perfect option for long term investment. HDFC mutual fund has helped investors to earn a good amount of return on their investment. Investors can select from an extensive range of HDFC mutual funds investing in equity, debt, hybrid funds, and even commodities. With diversification and systematic investment plans, investors can generate great returns by selecting the best HDFC mutual fund according to their risk appetite.
