How many types of mutual funds are there?

There are several types of funds such as: • Equity funds, primary investment in stocks and equity shares. Subcategories include large-cap, mid-cap, small-cap funds. • Debt funds • Money market funds • Hybrid funds • Specialized funds

What are the benefits of investing in funds?

Investing allows us with an opportunity to earn higher returns on our investment with minimal risks. It grows the capital invested in the long-term and provides a systematic way to secure one’s future.

Who gets your money in mutual funds?

The income generated on the funds is the interest gained on the invested amount which is fairly distributed among the investors.

Do mutual funds generate income?

Investing in funds is a great way to build capital. Long-term investments have proven to be a successful tool to create generational wealth. Deep analysis of the market and risk tolerance can help investors to earn good returns and generate income as well.

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HDFC Long Term Advantage Fund (G) - Investment Information

Equity
ELSS
Status: Open

About This Fund

HDFC Long Term Advantage Fund (G) To generate long term capital appreciation from a portfolio that is invested predominantly in equity and equity-related instruments.

Investment Details

Fund size

₹NaN Cr.

Min. Investment

Min. Sip Inv.

₹500

Min. Addl Inv.

Expense Ratio

Turn over

Exit Load

Basic Details

AMC Information

All Funds from HDFC

AMC

HDFC Mutual Fund

hello@hdfcfund.com

Office No

022-6631 6333

Website

https://www.hdfcfund.com

Address

HDFC House, 2nd Floor, H.T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai 400020

All Funds from HDFC

Monthly SIP

One Time

SIP Amount

₹

Monthly SIP Date

HDFC Long Term Advantage Fund (G)

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Everything You Need To Know To Get Started With Confidence

In simple words, a fund is an investor’s safety deposit much like in earlier times when people used to store their savings into a bag of rice, in today’s times that bag has come with a new name that is the Mutual Fund.