Subscription Related FAQs
What is Net Asset Value (NAV) of a scheme?
The Net Asset Value (NAV) of a mutual fund scheme applies to the units of that scheme. It is defined as the market value, in Rupees, of one unit of that Mutual Fund Scheme. It is simply the unit's share of the market value of the scheme's holdings of assets.
NAV is calculated and published as per regulations. Investors can use the NAV to purchase, redeem or track value of units in a Mutual Fund.
. e.g. If the value of all the securities in a scheme is Rs. 10,000 and the total number of units issued = 1,000 the NAV per unit will be 10,000/1,000 = Rs. 10.
How can I purchase units of HDFC Mutual Fund?
There are three options for purchasing units of our Mutual Fund:
- Directly by submitting physical transactions to the fund house,
- Through the stock exchange platform
- Through internet/ online transacting facility. Click here to invest online
1. Directly by submitting physical transactions to the fund house:
You may procure an application form from your investment advisor or from any of our official points of acceptance. Alternatively, you may download it from our website www.hdfcfund.com. Click here to download the form now.
For more details about the schemes, investor's rights & services, risk factors, etc, you should refer to the Scheme Information Document (SID) and Statement of Additional Information (SAI) before investing. You can obtain these documents along with the Key Information Memorandum (KIM) and application form as mentioned above.
Attach a cheque for the amount you would like to invest. The name and account number of the sole/first unit holder should be printed on the cheque
The completed application can be submitted at any of official points of acceptance.
2. Through the Stock Exchange Platform:
HDFC Mutual Fund offers HDFCMFOnline and HDFCMFMobile, through which you can transact from anywhere and at any time.
Investors can approach a trading member of BSE or NSE registered with stock exchange as participant (& who is also registered with AMFI as Mutual Fund Advisor and with HDFC MF) to avail transaction facility through stock exchange platforms.
For further details, please browse through the 'Stock Exchange Transactions' section.
3. Through internet/ online transacting facility.
HDFC Mutual Fund offers HDFCMFOnline and HDFCMFMobile, through which you can transact from anywhere and at any time.
For more details on HDFCMFOnline and HDFCMFMobile facility, refer to Online Section within the FAQs or contact us.
What documents do I need to submit along with my initial application to buy units in HDFC Mutual Fund?
The following is a list of documents that are needed by investor(s) who is/are investing in our fund for the first time. Subsequent investments do not need these documents.
| Documents | Individual / HUF | &NRIs/ PIOs | Investments through POA | Companies | Partnership Firms | Trust/ Societies | FIIs |
| KYC letter (of all holders) |  |
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| Bank account proof (name and account number printed of the first unit holder) | |
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| Power of Attorney (Notarized) | |
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| PIO / OCI Card | |
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| List of Authorised Signatories with Specimen Siganture(s) | |
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| Board Resolution/ Authorisation to invest | |
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| Overseas Auditors Certificate | |
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| FIRC (where payment is made by DD from NRE or FCNR A/c ) | |
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