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HDFC Hybrid Debt Fund


1 Lakh

Investment Grown to
₹ 1.19 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.93 Lakh

Analyst's Choice?

Suitability:

When you invest for three years or above, you can expect gains that beat the inflation rate and are also slightly higher than fixed income options. But be prepared for some ups and downs in your investment value along the way.

Conservative hybrid funds invest roughly a quarter of your money in equity shares and the rest in bonds and commodities. Given their underlying investments, these funds offer a viable alternative to regular income seekers. To derive dependable, inflation-protected income, invest your accumulated savings in these funds gradually over at least a few months, and then maintain a withdrawal rate in the range of 4-6% of the value of your investment every year.

Warning: Do not invest in this, or any other aggressive hybrid fund, if you need to redeem your investment in less than three years.

Taxability of earnings:

The tax treatment of this fund may vary depending upon its asset allocation. It will be taxed in the following manner based on its average asset allocation in the last 12 months.

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT).Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 1.11 -0.44 -0.11 -0.14 1.53 5.46 8.85 5.85 6.75 8.94 8.83
VR MIP TRI 0.93 0.29 -0.01 0.62 1.79 5.47 10.56 8.63 7.38 8.89 8.47
Hybrid: Conservative Hybrid 1.01 -0.39 -0.17 0.12 1.63 5.45 7.77 6.13 6.73 8.61 8.41
Rank within category 20 26 13 23 21 16 17 20 15 10 7
Number of funds in category 31 31 31 31 31 31 30 30 27 25 21

As on 24-Feb-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 5.48 (13-May-2009 - 20-May-2009) -4.66 (03-Oct-2008 - 10-Oct-2008)
Month 9.69 (20-Mar-2009 - 21-Apr-2009) -8.46 (26-Sep-2008 - 27-Oct-2008)
Quarter 23.31 (09-Mar-2009 - 10-Jun-2009) -10.18 (20-May-2013 - 19-Aug-2013)
Year 42.27 (20-Nov-2008 - 20-Nov-2009) -13.69 (19-Nov-2007 - 18-Nov-2008)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.31 4.85 -0.08 -0.15 0.94 -2.68
VR MIP TRI 8.13 4.10 0.60 0.95 -- --
Hybrid: Conservative Hybrid 5.80 4.21 0.08 0.18 0.75 -1.72
Rank within category 26 27 24 25 30 28
Number of funds in category 36 36 36 36 36 36

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Jan-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 36
Number of Bonds 71
Average Maturity (yrs) 5.33
Top 10 Holdings (%) 28.38
Portfolio P/B Ratio 1.30
Portfolio P/E Ratio 10.43

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
new 8.75% Vedanta 30/06/2022 Non Convertible Debenture AA 0.00 - 4.66 4.66
equal 8.30% REC 25/06/2029 Non Convertible Debenture AAA 0.00 - 3.66 3.66
new 7.90% Sikka Ports and Terminals 18/11/2026 Debenture AAA 0.00 - 3.49 3.49
equal First Business Receivable Trust Securitised Debt AAA 0.09 - 0.31 3.07
equal 8.98% Punjab National Bank Zero Coupon Bonds A 0.00 - 2.66 2.66
new 8.95% Reliance Industries 2028 Debenture AAA 0.00 - 2.65 2.65
new 9.10% Shriram Transport Finance 2021 Debenture AA+ 0.00 - 2.47 2.47
equal 9.30% Tata International Bonds A 0.00 - 2.15 2.15
equal 8.30% IRFC 25/03/2029 Debenture AAA 0.00 - 2.06 2.06
equal Tata Realty and Infrastructure 20/05/2020 Debenture AA 1.53 - 1.90 1.90
equal 9.25% Power Finance Corp. 25/09/2024 Non Convertible Debenture AAA 0.00 - 3.45 1.90
equal 8.27% Nat. Highways Authority 28/03/2029 Debenture AAA 0.00 - 1.86 1.86
equal 8.65% Reliance Industries 2028 Non Convertible Debenture AAA 1.57 - 1.86 1.86
equal 7.99% State Bank of India 28/06/2029 Non Convertible Debenture AAA 0.00 - 1.86 1.86
equal 8.15% National Bank Agr. Rur. Devp 28/03/2029 Non Convertible Debenture AAA 0.00 - 2.44 1.85
down 7.26% GOI 14/01/2029 GOI Securities SOV 0.00 - 9.83 1.84
equal 9.55% Canara Bank Bonds AA- 0.00 - 1.80 1.80
equal 7.32% NTPC 17/07/2029 Non Convertible Debenture AAA 0.00 - 1.79 1.79
equal 10.99% Andhra Bank 31/08/2050 Bonds A+ 1.41 - 1.65 1.65
equal 9.10% Union Bank of India Bonds AA 1.22 - 1.44 1.44
down 6.45% GOI 2029 GOI Securities SOV 0.00 - 2.25 1.42
equal Tata Power 2021 Bonds/NCDs AA- 1.14 - 1.30 1.30
equal 8.79% LIC Housing Fin. 2024 Non Convertible Debenture AAA 0.00 - 1.30 1.30
equal 11.25% Syndicate Bank 30/03/2050 Debenture A+ 0.97 - 1.12 1.12
equal 8.85% Power Finance Corp. 25/05/2029 Bonds/NCDs AAA 0.00 - 0.95 0.95

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Infosys Technology 20.72 2.31 1.11 2.29
equal State Bank of India Financial 24.53 2.64 1.56 2.29
equal ICICI Bank Financial 36.13 2.63 1.74 1.88
equal IRB Infrastructure Dev Construction 4.24 1.62 0.00 1.62
equal Larsen & Toubro Construction 18.10 2.17 1.36 1.47
equal ITC FMCG 16.65 1.19 0.00 1.19
equal Power Grid Corporation Energy 6.29 1.22 0.52 1.07
equal NTPC Energy 5.60 1.19 0.48 1.05
equal Coal India Energy 5.95 1.11 0.00 0.98
equal Chambal Fertilisers & Chem. Chemicals 5.54 0.97 0.00 0.97
equal Power Finance Corp. Financial 3.61 0.93 0.26 0.89
down Reliance Industries Energy 21.12 1.27 0.00 0.79
equal Tata Steel Metals 9.24 0.92 0.29 0.68
equal Axis Bank Financial 42.77 0.81 0.00 0.67
down HDFC Bank Financial 25.23 1.27 0.53 0.53
equal MEP Infrastructure Construction -- 1.21 0.39 0.53
equal NHPC Energy 6.99 0.53 0.00 0.53
equal REC Financial 4.68 0.54 0.30 0.51
equal Apar Industries Engineering 9.44 0.97 0.45 0.46
equal Bank of Baroda Financial -- 0.62 0.40 0.46
equal Cipla Healthcare 20.80 1.06 0.23 0.45
equal Canara Bank Financial 23.29 0.58 0.38 0.44
equal Vedanta Metals 5.85 0.61 0.00 0.42
equal HPCL Energy 12.21 0.55 0.00 0.41
equal Punjab National Bank Financial -- 0.75 0.27 0.32

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Jan-2020

Fund Manager

— Prashant Jain since 01-Jul-2004

Education: Mr. Jain is a B. Tech. from IIT Kanpur, PGDM from IIM, Bangalore and CFA from AIMR, USA.

Experience: Prior to joining HDFC AMC he has worked with Zurich AMC and SBI Mutual Fund.

Interviews:

Funds Managed:

— Shobhit Mehrotra since 01-Sep-2007

Education: He is an MBA from Clemson University, USA.

Experience: Prior to joining HDFC AMC he has worked with Templeton AMC, and ICRA.

Funds Managed:


-0.44%

Change from previous, NAV as on 24-Feb-2020

Growth: ₹ 48.0492

Dividend Quarterly: ₹ 13.4419

Dividend Monthly: ₹ 12.6862


Investment Strategy

The scheme seeks to generate income/capital appreciation by investing primarily in debt securities, money market instruments and moderate exposure to equities.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 1
Exit Load For units in excess of 15% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: HDFC Mutual Fund
Launch Date: 26-Dec-2003
Return Since Launch: 10.19%
Benchmark: NIFTY 50 Hybrid Composite Debt 15:85
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 2,788 Cr (As on 31-Jan-2020)
Expense: 1.83% (As on 31-Jan-2020)
Risk Grade: Above Average
Return Grade: Average
Turnover: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly27-Jan-20200.0800

 26-Dec-20190.0800
 25-Nov-20190.0800
 25-Oct-20190.0800
 25-Sep-20190.0800
 26-Aug-20190.0800
 25-Jul-20190.0800
 25-Jun-20190.0800
 27-May-20190.0800
 25-Apr-20190.0800
 25-Mar-20190.0800
 25-Feb-20190.0800
 25-Jan-20190.0800
 26-Dec-20180.0800
 26-Nov-20180.0800
 25-Oct-20180.0800
 25-Sep-20180.0800
 27-Aug-20180.0800
 25-Jul-20180.0800
 25-Jun-20180.0800
 25-May-20180.0800
 25-Apr-20180.0800
 26-Mar-20180.0800
 26-Feb-20180.0800
 25-Jan-20180.0800
Dividend Quarterly26-Dec-20190.2400

 25-Sep-20190.2400
 25-Jun-20190.2400
 25-Mar-20190.2400
 26-Dec-20180.2400
 25-Sep-20180.2400
 25-Jun-20180.2400
 26-Mar-20180.2400
 26-Dec-20170.2400
 25-Sep-20170.2400
 27-Jun-20170.2400
 27-Mar-20170.2400
 26-Dec-20160.2400
 26-Sep-20160.2400
 27-Jun-20160.2400
 28-Mar-20160.2400
 28-Dec-20150.2400
 28-Sep-20150.2400
 25-Jun-20150.2400
 25-Mar-20150.2400
 26-Dec-20140.2100
 25-Sep-20140.2100
 25-Jun-20140.2100
 25-Mar-20140.2100
 26-Dec-20130.2100

Contact Information

AMC: HDFC Asset Management Company Ltd

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

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 022-22821144

Website: www.hdfcfund.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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