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2 star

HDFC Banking and PSU Debt Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.10 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.26 Lakh

Suitability:

Banking and PSU funds invest mainly in bonds issued by banks, public sector undertakings (PSUs) and public financial institutions. They are suitable for a short investment horizon of two to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.

The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit.

Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run.

Taxability of earnings:

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 are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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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 7.75 0.12 0.15 0.16 1.80 5.27 10.26 8.25 8.56 -- --
CCIL T Bill Liquidity Weight 2.58 0.06 0.12 0.22 0.59 1.51 3.45 3.98 4.16 -- --
Debt: Banking and PSU 7.43 0.11 0.14 0.01 1.18 4.95 9.70 8.20 8.26 -- --
Rank within category 9 9 12 4 1 8 8 10 6 -- --
Number of funds in category 19 20 20 20 19 19 18 16 14 10 3

As on 01-Oct-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
HDFC Banking and PSU Debt Fund - Regular Plan  | Invest Online
2 star
Mar-14 10.26 8.25 8.56 0.81 8,173
IDFC Banking & PSU Debt Fund - Regular Plan
5 star
Mar-13 10.97 9.28 8.47 0.65 17,691
Axis Banking & PSU Debt Fund  | Invest Online
5 star
Jun-12 9.81 9.02 8.58 0.62 16,059
Kotak Banking and PSU Debt Fund Regular Plan  | Invest Online
4 star
Dec-98 10.31 8.64 8.63 0.74 9,132
Nippon India Banking & PSU Debt Fund  | Invest Online
4 star
May-15 10.63 8.60 8.65 0.80 5,410

Best & Worst Performance

Best (Period) Worst (Period)
Week 3.20 (24-Mar-2020 - 31-Mar-2020) -2.16 (12-Mar-2020 - 19-Mar-2020)
Month 3.73 (24-Mar-2020 - 23-Apr-2020) -2.75 (20-Feb-2020 - 23-Mar-2020)
Quarter 6.22 (24-Mar-2020 - 24-Jun-2020) -0.71 (24-Dec-2019 - 24-Mar-2020)
Year 12.13 (24-Nov-2015 - 24-Nov-2016) 3.00 (30-Oct-2017 - 30-Oct-2018)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.96 2.51 1.16 2.12 1.26 4.36
CCIL T Bill Liquidity Weight 3.90 0.32 -3.63 -6.95 -- --
Debt: Banking and PSU 7.94 2.36 1.32 2.65 2.24 5.48
Rank within category 11 15 15 14 1 15
Number of funds in category 17 17 17 17 17 17

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

As on 30-Sep-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 135 135 76 81
Modified Duration (yrs) 2.64 2.71 2.01 2.72
Average Maturity (yrs) 3.62 3.62 2.57 3.77
Yield to Maturity (%) 6.09 7.87 6.05 5.34
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 8.50% National Bank Agr. Rur. Devp Debenture AAA 3.30 - 5.42 3.30
up 9.95% Food Corporation of India 2022 Bonds AAA 2.59 - 5.36 3.04
up 8.41% HUDCO 15/03/2029 Debenture AAA 0.00 - 2.74 2.74
equal 7.17% Nat. Highways Authority 23/12/2021 Non Convertible Debenture AAA 2.60 - 5.77 2.60
equal 8.75% State Bank of India Bonds AA+ 0.02 - 2.73 2.52
up 7.48% IRFC 13/08/2029 Non Convertible Debenture AAA 1.39 - 2.34 2.25
up 9.00% Union Bank of India 2099 Bonds AA- 2.12 - 3.34 2.12
equal 5.79% GOI 2030 GOI Securities SOV 0.00 - 2.11 1.92
equal 8.90% State Bank of India 2028 Non Convertible Debenture AAA 0.50 - 2.26 1.68
equal 9.95% Canara Bank Debenture A+ 0.00 - 2.73 1.67
equal 8.85% ONGC Petro Additions 19/04/2022 Debenture AAA 0.00 - 2.03 1.59
equal 7.99% State Bank of India 28/06/2029 Non Convertible Debenture AAA 1.06 - 2.35 1.45
equal 9.14% Bank of Baroda Bonds AA 1.37 - 3.08 1.37
equal 9.39% MTNL 26/03/2024 Structured Obligation AAA 1.37 - 3.02 1.37
up 7.55% IRFC 2029 Debenture AAA 0.00 - 1.76 1.29
new 8.60% National Bank Agr. Rur. Devp 31/01/2022 Debenture AAA 0.00 - 1.29 1.29
equal 7.42% Power Finance Corp. 19/11/2024 Non Convertible Debenture AAA 0.00 - 2.09 1.28
down 6.40% National Bank Agr. Rur. Devp 31/07/2023 Non Convertible Debenture AAA 0.00 - 2.07 1.27
equal 7.47% Power Finance Corp. 16/09/2021 Bonds AAA 1.26 - 2.80 1.26
equal HUDCO 24/06/2023 Non Convertible Debenture AAA 0.00 - 1.71 1.25
equal 8.50% Bank of Baroda Bonds AA 1.09 - 1.80 1.24
up 5.05% Indian Oil Corp. 25/11/2022 Debenture AAA 0.00 - 1.23 1.23
equal 6.98% Power Finance Corp. 20/04/2023 Non Convertible Debenture AAA 0.00 - 1.31 1.20
equal 7.26% GOI 14/01/2029 GOI Securities SOV 0.00 - 1.26 0.97
equal Tata Power 21/08/2072 Debenture AA- 0.50 - 1.32 0.97

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-Aug-2020

Fund Manager

— Anil Bamboli since 20-Mar-2014

Education: Mr. Bamboli is a CFA from Association for Investment Management and Research, U.S.A, Masters in Management Studies (Finance) and a Graduate in Cost and Works Accountant from ICWAI.

Experience: Prior to joining HDFC AMC he has worked with SBI Fund Management for 11 years.

Funds Managed:


0.12%

Change from previous, NAV as on 01-Oct-2020

Growth: ₹ 17.3917

Dividend Weekly: ₹ 10.2156


Investment Strategy

The scheme seeks to generate income / capital appreciation through investments in debt and money market instruments consisting predominantly of securities issued by entities such as Scheduled Commercial Banks (SCBs), Public Sector undertakings (PSUs), Public Financial Institutions (PFIs), Municipal Corporations and such other bodies.

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 0

Basic Details

Fund House: HDFC Mutual Fund
Launch Date: 26-Mar-2014
Return Since Launch: 8.85%
Benchmark: NIFTY Banking and PSU Debt TRI
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 8,173 Cr (As on 31-Aug-2020)
Expense: 0.81% (As on 31-Aug-2020)
Risk Grade: Above Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Weekly21-Sep-20200.0113

 14-Sep-20200.0225
 07-Sep-20200.0197
 31-Aug-20200.0055
 24-Aug-20200.0207
 10-Aug-20200.0165
 03-Aug-20200.0189
 27-Jul-20200.0099
 20-Jul-20200.0652
 06-Jul-20200.0587
 29-Jun-20200.0434
 22-Jun-20200.0699
 15-Jun-20200.0093
 26-May-20200.0895
 18-May-20200.0821
 11-May-20200.0195
 20-Apr-20200.0375
 24-Feb-20200.0053
 17-Feb-20200.0139
 10-Feb-20200.0601
 03-Feb-20200.0176
 27-Jan-20200.0257
 20-Jan-20200.0091
 13-Jan-20200.0079
 06-Jan-20200.0127

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: http://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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