Regd. Office: HDFC House, 2nd Floor, H.T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai - 400 020. Phone: 022 66316333 • Toll Free Nos: 1800-3010-6767 / 1800-419-7676 • Fax: 022 22821144 • e-mail: [email protected] • Visit us at: www.hdfcfund.com

ADDENDUM to the Statement of Additional Information (“SAI”) of HDFC Mutual Fund (“the Fund”) dated June 28, 2019

Appointment of Director on the Board of HDFC Asset Management Company Limited Mr. Shashi Kant Sharma has been appointed as an Independent Director (Additional Director) on the Board of HDFC Asset Management Company Limited with effect from October 26, 2019. The following details pertaining to the director shall be included in the section ‘Details of AMC Directors’ in the SAI: Name Age & Qualification Brief Experience Mr. Shashi Kant 67 years Mr. Shashi Kant Sharma has been appointed as an Independent Director Sharma on our Board with effect from October 26, 2019. Mr. Sharma is a retired M.A in Political Science, IAS (1976 Batch). He has served as the Comptroller and Auditor General University of Agra (CAG) of from 23rd May, 2013 to 24th September, 2017. Before taking M.Sc. in Admn. Science office as the CAG, he was the Defence Secretary, . and Development He was also the Secretary, Department of Financial Services (Ministry of Problems. University of Finance) and Secretary, Department of Information Technology (Ministry of York (The U.K.) Telecommunication), in the Government of India. In his capacity as CAG of India, Mr. Sharma was elected by the General Assembly of the United Nations as a Member of UN Board of Auditors in July, 2014, and was chairing the UN Board of Auditors. Mr. Sharma was active on the Governing Boards of the International Organization of Supreme Audit Institutions (INTOSAI) and the Asian Organization of Supreme Audit Institutions (ASOSAI). He was chairperson of the INTOSAI’s Knowledge Sharing Committee and Working Group on Information Technology. He chaired the 13th Assembly of the ASOSAI (Kuala Lumpur, 2015) and the Commonwealth Auditors General Conference (Delhi, 2017). As a member of the Indian Administrative Service since 1976, Mr. Sharma has also worked in various other capacities in the government of state and the central government, including extensive field assignments in districts. In all, he has over forty years of experience in public policy and management. In June 2016, he was conferred an Honorary Professorship at Nanjing Audit University, China.

All other contents of the SAI of the Fund will remain unchanged. This addendum shall form an integral part of the SAI of the Fund as amended from time to time.

This Addendum is dated October 30, 2019.

MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.