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Unrated

HDFC Fixed Maturity Plan - 1146 Days - April 2018 (1) - Direct Plan


Debt: FMP

1 Lakh

Investment Grown to
₹ 1.11 Lakh

Suitability:

Fixed Maturity Plans, as the name suggests, are funds that have a fixed tenure which can vary from three months to five years or even more. Upon the completion of the stated tenure, the fund is wound up and investors' money is returned to them along with accumulated gains. Therefore, they are similar to bank fixed deposits except that they do not offer guaranteed returns even though they aim to better what an FD can fetch.

However, retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for an investment horizon of up to three years) in their longer-term portfolios.

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 2.46 0.01 0.10 0.43 1.54 3.56 10.78 7.91 -- -- --
CCIL T Bill Liquidity Weight 0.68 0.02 0.05 0.17 0.48 0.97 2.21 3.61 -- -- --
Debt: FMP 1.79 0.00 0.06 0.47 1.53 2.51 7.93 8.11 -- -- --
Rank within category 61 72 73 284 161 59 38 40 -- -- --
Number of funds in category 470 473 472 472 470 470 470 50 3 2 0

As on 12-May-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
HDFC Fixed Maturity Plan - 1146 Days - April 2018 (1) - Direct Plan
Unrated
May-18 10.78 7.91 -- 0.03 380
Nippon India Fixed Horizon Fund XXXVIII - Series 6 - Direct Plan
Unrated
Jul-18 8.01 -- -- -- 1,980
Kotak FMP Series 252 - 1261 Days - Direct Plan
Unrated
Nov-18 7.67 -- -- -- 1,329
ICICI Prudential Fixed Maturity Plan - Series 82 1199 Days Plan L - Direct Plan
Unrated
Feb-18 5.46 7.99 -- -- 803
Kotak FMP Series 219 - 1173 Days - Direct Plan
Unrated
Mar-18 5.22 7.92 -- -- 785

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.64 17-Oct-2019 - 24-Oct-2019 -2.42 10-Oct-2019 - 17-Oct-2019
Month 1.90 12-Jun-2020 - 14-Jul-2020 -2.60 17-Sep-2019 - 17-Oct-2019
Quarter 4.59 17-Oct-2019 - 16-Jan-2020 -1.51 18-Jul-2019 - 17-Oct-2019
Year 13.38 17-Oct-2019 - 16-Oct-2020 3.98 17-Oct-2018 - 17-Oct-2019

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 3.56 0.38 -2.17 -5.20 -- --
Debt: FMP* 7.62 1.58 2.29 4.13 1.71 4.64
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

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

As on

* As on 30-Apr-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 12 27 12 14
Modified Duration (yrs) -- -- -- 0.50
Average Maturity (yrs) 0.13 0.13 0.13 0.64
Yield to Maturity (%) -- -- -- 4.54
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 8.39% Indiabulls Housing Finance 15/06/2021 Non Convertible Debenture AA 7.49 - 8.04 8.04
equal 8.50% Vedanta 15/06/2021 Non Convertible Debenture AA- 0.00 - 8.02 7.91
equal 8.89% Ardent Properties 15/06/2021 Non Convertible Debenture AA 7.44 - 7.98 7.44
equal 8.50% SIDBI 21/06/2021 Debenture AAA 0.60 - 6.98 6.86
equal 8.75% Muthoot Finance 19/06/2021 Bonds/NCDs AA+ 0.00 - 6.67 6.62
equal 8.15% REC 18/06/2021 Bonds/Debentures AAA 0.00 - 4.34 4.18
equal 8.40% Tata Motors 26/05/2021 Debenture AA- 3.03 - 3.30 3.03
equal 7.50% Adani Ports and Special Economic Zone 15/06/2021 Non Convertible Debenture AA+ 2.64 - 2.88 2.64
equal 8.55% Shriram Transport Finance 21/05/2021 Non Convertible Debenture AA+ 2.29 - 2.36 2.29
equal 7.73% REC 15/06/2021 Debenture AAA 1.59 - 1.76 1.59
equal 9.30% Power Grid Corporation 28/06/2021 Bonds AAA 0.20 - 0.23 0.20
equal 8.12% Nabha Power 23/06/2021 Non Convertible Debenture AAA 0.08 - 0.09 0.08

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 30-Apr-2021

*As on 31-Mar-2021

Fund Manager

— Anil Bamboli since 25-Apr-2018

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:


0.01%

Change from previous, NAV as on 12-May-2021

Growth: ₹ 12.5735

IDCW Quarterly: ₹ 10.0871

IDCW: ₹ 12.5735


Investment Strategy

The Scheme seeks to generate income through investments in Debt / Money Market Instruments and Government Securities maturing on or before the maturity date of the respective Plan(s).

Investment Details

Tenure (Days) 1146
Maturity date 28-Jun-2021

Basic Details

Fund House: HDFC Mutual Fund
Launch Date: 10-May-2018
Return Since Launch: 7.91%
Benchmark: CRISIL Composite Bond TRI
Riskometer: Moderately High
Type: Closed-end

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Quarterly25-Mar-20210.1854

 28-Dec-20200.2680
 25-Sep-20200.3345
 25-Jun-20200.2629
 18-Mar-20200.1202
 26-Dec-20190.1040
 25-Sep-20190.1281
 25-Jun-20190.0939
 25-Mar-20190.0987
 26-Dec-20180.2354
 25-Sep-20180.0703

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

Last Session

Investors' Hangout

With the resurgence of COVID-19, what should investors do?

DateFriday, 07-May-2021
Time12:30 PM - 01:00 PM

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