VR Logo

HDFC Banking and PSU Debt Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.10 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.26 Lakh

Analyst's Choice?

Suitability:

This is a fund that invests mainly in bonds issued by banks, public sector undertakings (PSUs) and public financial institutions.

Like most other debt fund categories, we believe that retail investors can avoid this one as well. In our opinion, debt funds make sense for retail investors only if they are investing for 3 years or less. For that kind of investment horizon, Liquid Debt funds and Short Term debt funds are much more suitable.

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 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.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 0.34 0.03 0.10 0.82 2.16 4.44 10.05 7.26 8.57 -- --
CCIL T Bill Liquidity Weight 0.17 0.01 0.01 0.28 0.83 1.91 4.24 4.15 4.46 -- --
Debt: Banking and PSU 0.38 0.04 0.10 0.86 2.03 3.94 9.75 7.28 7.94 -- --
Rank within category 14 14 11 7 6 6 8 8 1 -- --
Number of funds in category 19 19 19 19 19 18 17 15 13 5 3

As on 17-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week -- ( - ) -- ( - )
Month 1.97 (06-Mar-2018 - 05-Apr-2018) -1.42 (17-Apr-2018 - 17-May-2018)
Quarter 4.20 (07-Jul-2016 - 06-Oct-2016) -0.58 (06-Apr-2018 - 06-Jul-2018)
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 7.23 2.12 0.72 1.14 4.72 9.27
CCIL T Bill Liquidity Weight 4.08 0.26 -10.52 -- -- --
Debt: Banking and PSU 7.19 2.04 0.83 1.62 4.73 9.24
Rank within category 9 14 12 12 9 10
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 31-Dec-2019

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 95 95 63 66
Modified Duration (yrs) 2.33 2.35 1.98 2.63
Average Maturity (yrs) 3.05 3.08 2.52 3.40
Yield to Maturity (%) 7.24 8.77 7.18 6.91

Value Research Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up 8.50% National Bank Agr. Rur. Devp Debenture AAA 0.00 - 5.60 5.39
equal 7.17% Nat. Highways Authority 23/12/2021 Non Convertible Debenture AAA 4.29 - 8.85 4.29
new Oriental Bank of Com. 31/01/2020 Certificate of Deposit A1+ 0.00 - 4.11 4.11
equal 9.95% Food Corporation of India 2022 Bonds AAA 3.96 - 6.71 3.96
equal IDFC First Bank 24/03/2020 Certificate of Deposit A1+ 0.00 - 4.83 3.16
equal 9.95% Syndicate Bank Debenture A+ 2.81 - 4.35 2.81
equal 8.58% HDFC 18/03/2022 Debenture AAA 0.00 - 4.22 2.65
equal 8.32% Power Grid Corporation 23/12/2020 Bonds AAA 2.63 - 4.46 2.63
equal 9.30% Tata International Bonds A+ 2.58 - 4.40 2.58
equal 9.00% Union Bank of India 2099 Bonds AA- 2.52 - 3.93 2.52
equal 9.14% Bank of Baroda Bonds AA 2.30 - 3.34 2.30
equal 9.39% MTNL 26/03/2024 Structured Obligation AAA 2.23 - 3.73 2.23
up 8.41% HUDCO 15/03/2029 Debenture AAA 0.00 - 2.20 2.20
equal 7.47% Power Finance Corp. 16/09/2021 Bonds AAA 2.08 - 3.44 2.08
equal 7.48% IRFC 13/08/2029 Non Convertible Debenture AAA 0.00 - 2.34 2.05
new 7.42% Power Finance Corp. 19/11/2024 Non Convertible Debenture AAA 0.00 - 2.05 2.05
equal 8.85% HDFC Bank 31/12/2099 Bonds AA+ 1.67 - 2.46 1.67
equal 7.70% Nat. Highways Authority 13/09/2029 Non Convertible Debenture AAA 0.00 - 1.77 1.56
equal 8.29% MTNL 25/11/2024 Bonds AAA 0.71 - 2.27 1.56
new HPCL 14/08/2024 Debenture AAA 0.00 - 1.55 1.55
equal 7.55% IRFC 2029 Debenture AAA 0.00 - 1.76 1.55
equal 7.41% Nabha Power 20/04/2022 Non Convertible Debenture AAA 0.00 - 1.75 1.54
equal 8.80% Export-Import Bank 15/03/2023 Bonds AAA 1.42 - 2.35 1.42
equal 10.49% Bank of Baroda Bonds AA- 0.00 - 2.03 1.39
equal 8.50% Bank of Baroda Bonds AA 1.34 - 1.88 1.34

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-Dec-2019

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:


0.03%

Change from previous, NAV as on 17-Jan-2020

Growth: ₹ 16.1951

Dividend Weekly: ₹ 10.2668


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: 8.64%
Benchmark: NIFTY Banking and PSU Debt TRI
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 4,848 Cr (As on 31-Dec-2019)
Expense: 0.81% (As on 30-Nov-2019)
Risk Grade: High
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Weekly13-Jan-20200.0079

 06-Jan-20200.0127
 30-Dec-20190.0089
 23-Dec-20190.0016
 02-Dec-20190.0168
 25-Nov-20190.0225
 18-Nov-20190.0251
 04-Nov-20190.0290
 29-Oct-20190.0194
 22-Oct-20190.0210
 14-Oct-20190.0151
 07-Oct-20190.0178
 30-Sep-20190.0033
 09-Sep-20190.0181
 03-Sep-20190.0130
 26-Aug-20190.0336
 13-Aug-20190.0206
 05-Aug-20190.0277
 29-Jul-20190.0074
 22-Jul-20190.0053
 15-Jul-20190.0244
 08-Jul-20190.0521
 24-Jun-20190.0110
 17-Jun-20190.0078
 03-Jun-20190.0242

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

Upcoming Video

Value Investing

Evaluating a company's financial health from the Cash Flow Statement

dateSaturday, 25-Jan-2020
time12:30 PM - 01:00 PM