April 30, 2020 MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY. To know more, contact your financial adviser An Individual/HUF is entitled to deduction from gross total income for investments in Equity-Linked Savings Scheme (ELSS) up to ₹1.5 Lakhs (along with other prescribed investments) under Section 80C of the Income-tax Act, 1961. *The tax calculations shown above are as per income tax slabs for FY 2019-20 applicable to an individual assessee below the age of 60 with taxable income above Rs. 10 lakhs but less than Rs. 50 lakhs. The calculation Is inclusive of cess. The same is for illustrative purposes only. #You can still invest in ELSS to save tax for FY 2019-20. For KYC, change of address, investor complaints redressal, etc. visit - https://www.hdfcfund.com/information/key-know-how ELSS gives you Tax saving Growth potential of equity ELSS schemes are subject to a 3 years lock-in period Invest in ELSS or lose out on saving Rs.46,800*
Transcript
April 30, 2020
MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.
To know more, contact your financial adviser
An Individual/HUF is entitled to deduction from gross total income for investments in Equity-Linked Savings Scheme (ELSS) up to ₹1.5 Lakhs (along with other prescribed investments) under Section 80C of the Income-tax Act, 1961.
*The tax calculations shown above are as per income tax slabs for FY 2019-20 applicable to an individual assessee below the age of 60 with taxable income above Rs. 10 lakhs but less than Rs. 50 lakhs. The calculation Is inclusive of cess. The same is for illustrative purposes only. #You can still invest in ELSS to save tax for FY 2019-20.
For KYC, change of address, investor complaints redressal, etc. visit - https://www.hdfcfund.com/information/key-know-how
ELSS gives you Tax saving Growth potential of equity
ELSS schemes are subject to a 3 years lock-in period
Invest in ELSS or lose out on saving Rs.46,800*
2 April 2020
Fund ManagerAn employee of the asset management company such as a mutual fund or life insurer, who manages investments of the scheme. He is usually part of a larger team of fund managers and research analysts.
Application Amount for Fresh SubscriptionThis is the minimum investment amount for a new investor in a mutual fund scheme.
Minimum Additional AmountThis is the minimum investment amount for an existing investor in a mutual fund scheme.
Yield to MaturityThe Yield to Maturity or the YTM is the rate of return anticipated on a bond if held until maturity. YTM is expressed as an annual rate. The YTM factors in the bond’s current market price, par value, coupon interest rate and time to maturity.
SIPSIP or systematic investment plan works on the principle of making periodic investments of a fixed sum. It works similar to a recurring bank deposit. For instance, an investor may opt for an SIP that invests Rs 500 every 15th of the month in an equity fund for a period of three years.
NAVThe NAV or the net asset value is the total asset value per unit of the mutual fund after deducting all related and permissible expenses. The NAV is calculated at the end of every business day. It is the value at which the investor enters or exits the mutual fund.
BenchmarkA group of securities, usually a market index, whose performance is used as a standard or benchmark to measure investment performance of mutual funds, among other investments. Some typical benchmarks include the NIFTY, SeNSex, BSe200, BSe500, 10-Year Gsec.
Entry LoadA mutual fund may have a sales charge or load at the time of entry and/or exit to compensate the distributor/agent. entry load is charged at the time an investor purchases the units of a mutual fund.
The entry load is added to the prevailing NAV at the time of investment. For instance, if the NAV is Rs. 100 and the entry load is 1 %, the investor will enter the fund at Rs. 101. (Note: SeBI, vide circular dated June 30, 2009 has abolished entry load and mandated that the upfront commission to distributors will be paid by the investor directly to the distributor, based on his assessment of various factors including the service rendered by the distributor).
Exit Loadexit load is charged at the time an investor redeems the units of a mutual fund. The exit load is reduced from the prevailing NAV at the time of redemption. The investor will receive redemption proceed at net value of NAV less Exit Load. For instance if the NAV is Rs. 100 and the exit load is 1%, the investor will receive Rs. 99.
Modified DurationModified duration is the price sensitivity and the percentage change in price for a unit change in yield.
Standard Deviation
Standard deviation is a statistical measure of the range of an investment’s performance. When a mutual fund has a high standard deviation, its means its range of performance is wide, implying greater volatility.
Sharpe Ratio
The Sharpe Ratio, named after its founder, the Nobel Laureate William Sharpe, is a measure of risk-adjusted returns. It is calculated using standard deviation and excess return to determine reward per unit of risk.
Beta Ratio (Portfolio Beta)
Beta is a measure of an investment’s volatility vis-a-vis the market. Beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 implies that the security’s price will be more volatile than the market.
Average portfolio PE (Average P/E)
It is price to earnings ratio of the stocks calculated for the entire portfolio on a weighted average basis.
Average portfolio price to book ratio (Average P/BV)
It is price to book value of the stocks calculated for the entire portfolio on a weighted average basis.
Average portfolio dividend yield (Average Dividend Yield)
It is dividend yield of the stocks calculated for the entire portfolio on a weighted average basis.
Net Equity
Net equity level is the net equity exposure percentage adjusted for any derivative positions in stocks or index for hedging or rebalancing purpose.
R Squared
It is a statistical measure of how closely the portfolio returns are correlated with its benchmark.
AUM
AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm.
Holdings
The holdings or the portfolio is a mutual fund’s latest or updated reported statement of investments/securities. These are usually displayed in terms of percentage to net assets or the rupee value or both. The objective is to give investors an idea of where their money is being invested by the fund manager.
Nature of Scheme
The investment objective and underlying investments determine the nature of the mutual fund scheme. For instance, a mutual fund that aims at generating capital appreciation by investing in stock markets is an equity fund or growth fund. Likewise, a mutual fund that aims at capital preservation by investing in debt markets is a debt fund or income fund. each of these categories may have sub-categories.
Rating Profile
Mutual funds invest in securities after evaluating their creditworthiness as disclosed by the ratings. A depiction of the mutual fund in various investments based on their ratings becomes the rating profile of the fund. Typically, this is a feature of debt funds.
HOW TO READ FACTSHEET
Sharpe RatioSharpe Ratio is a risk to reward ratio, it measures portfolio returns generated in excess to the investment in risk-free asset, for per unit of total risk taken. While, positive Sharpe ratio indicates, portfolio compensating investors with excess returns (over risk-free rate) for the commensurate risk taken; negative Sharpe ratio indicates, investors are better off investing in risk-free assets.
BetaBeta (ß) of a portfolio is a number indicating the relation between portfolio returns with that of the market index i.e. it measure the volatility, or systematic risk, of a portfolio in comparison to the market as a whole.
Standard DeviationA statistical measure that defines expected volatility/risk associated with a portfolio. This explains the variation/deviation from the average returns delivered by the portfolio. A higher standard deviation means higher volatility (risk) and a lower standard deviation means lower volatility.
Risk Free ReturnThe theoretical rate of return of an investment with safest (zero risk) investment in a country.
4 Indexation Benefit
l Long Term Capital Gains (holding period of over 3 years) from Debt Mutual Funds are taxed at 20% plus applicable surcharge and cess with the benefit of indexation.
l Government notifies Cost Inflation Index (CII) for each financial year taking into consideration the prevailing inflation levels.
l The cost of acquistion for computation of tax is adjusted for inflation using CII, thereby reducing the capital gains from tax perspective.
l An investment made into a debt fund towards the end of a financial year (say, in March 2020) and held for a little over 3 years (say, in April 2023) would be eligible for application of CII over 5 financial years, resulting in 4 indexation benefit.
Total Expense RatioTotal expenses charged to scheme for the month expressed as a percentage to average monthly net assets.
Tracking ErrorTracking error indicates how closely the portfolio return is tracking the benchmark Index return. It measures the deviation between portfolio return and benchmark index return. A lower tracking error indicates portfolio closely tracking benchmark index and higher tracking error indicates portfolio returns with higher deviation from benchmark index returns.
Average MaturityWeighted average maturity of the securities in scheme.
Portfolio Yield (Yield To Maturity)Weighted average yield of the securities in scheme portfolio.
Portfolio Turnover RatioPortfolio Turnover Ratio is the percentage of a fund’s holdings that have changed in a given year. This ratio measures the fund’s trading activity, which is computed by taking the lesser of purchases or sales and dividing by average monthly net assets.
Modified DurationA formula that expresses the measurable change in the value of a security in response to a change in interest rates. Modified duration of portfolio can be used to anticipate the change in market value of portfolio for every change in portfolio yield.
Macaulay Duration (Duration)Macaulay Duration (Duration) measures the price volatility of fixed income securities. It is often used in the comparison of interest rate risk between securities with different coupons and different maturities. It is defined as the weighted average time to cash flows of a bond where the weights are nothing but the present value of the cash flows themselves. It is expressed in years. The duration of a fixed income security is always shorter than its term to maturity, except in the case of zero coupon securities where they are the same.
GLOSSARY
April 2020 3
Market Review
Market Review continued on next pageSource for various data points: Bloomberg, NSDL, CMIE, RBI, Kotak Institutional Research, Worldometers.info, World Bank.
Macroeconomic Update
The month of April 2020 was a mixed month for the capital markets. Equities registered strong growth across all major markets on back of large monetary and fiscal stimulus announced by most major countries. However, in fixed income market, credit concerns rose due to lack of clarity regarding moratorium on NBFC debt and were aggravated on back of announcement of winding up of some debt schemes by a large mutual fund. Further, spread of COVID-19 continues to remain a concern with number of infected cases globally increasing nearly 4 times in last one month to 3.6 million by 3rd May 2020. In India, though numbers are rising, they remain relatively low in absolute terms considering the large population. The total infected cases in India reached over 42,000, up from ~1,400 cases as on end-March 2020. Government has extended the lockdown to 17th May 2020 but with some relaxations in areas where the number of cases are low.
RBI announces measures to stabilize financial conditions: RBI announced number of measures in April 2020 primarily aimed to address the stress faced by Non-Banking Financial Companies (NBFCs), improve liquidity, nudge rate transmission and encourage credit growth. Following are the measures taken by RBI.
l RBI reduced the reverse repo rate by 25 bps to 3.75% while keeping the repo rate unchanged at 4.4%.
l To support liquidity for NBFCs, it announced Targeted Long Term Repo Operations (TLTRO 2.0) with 50% carve out for small and mid-size NBFCs. The fund availed under this operation has to be deployed in CPs. NCDs or bonds issued by NBFCs only. Out of the aggregate amount INR 50,000 crores announced, it has already conducted INR 25,000 crores (INR 250 billion) for which response was muted and only ~51% was subscribed.
l Special refinancing facility of aggregate sum of INR 50,000 crores to National Bank for Agriculture and Rural Development (NABARD), Small Industries Development Bank of India (SIDBI) and National Housing Bank (NHB).
l To support liquidity of mutual funds, it announced Special Liquidity Facility for mutual funds (SLF-MF). Under this scheme, Banks are allowed to borrow from RBI at repo rate (4.4% currently) and amount availed has to be utilised for (1) lending to mutual funds and/or (2) undertaking outright purchase of and/or repos against the collateral of investment grade securities held by mutual funds.
For detailed comment on measures announced by RBI and its possible impact, please refer to our comment published on 20th April 2020 - Monetary Measures 2.0.
Inflation moderates, outlook benign: Consumer Price Index (CPI) fell in month of March 2020 to 5.91% YoY, down 66 bps m-o-m. The fall in CPI was driven due to fall in food inflation (mainly vegetables, especially onions) which moderated to 7.82% YoY, down 1.63%. Fuel inflation was marginally higher than last month, however with sharp fall in crude prices it is likely to moderate going forward. The core CPI& inched up slightly on back of higher personal effect inflation but remained within comfortable range. Core CPI has remained below 4% for past six months now.
For the month (YoY, %) Feb-20 Mar-20 Change in %CPI 6.58 5.91 -0.66Food & beverages 9.45 7.82 -1.63Fuel and Light 6.36 6.59 0.23Housing 4.24 4.23 -0.01Core CPI& 3.48 3.89 0.42
Lower fuel prices, weak aggregate demand and improved supply of food grains & horticulture are likely to keep inflation benign, except for supply disruption, if any.
Wholesale Inflation remains rangebound: Wholesale Price Index (WPI) also fell to 0.9% in March 2020 from 2.3% in February 2020 driven by lower fuel inflation, soft manufacturing inflation and moderation in food articles inflation. Fuel inflation turned negative to -2.5% YOY (Feb’20: 2.9%) on back of fall in crude prices whereas food articles inflation fell to 4.5% YoY (Feb’20: 7.7%). Inflation of manufactured products (64% weightage in the index) softened slightly to 0.3% (Feb’20: 0.5%).
Industrial production improves in Feb’20 but likely to contract in near term: IIP for the month of February 2020 jumped to 4.5% from 2.1%, a month ago. Mining grew by 10.0% (Jan’20: 5.3%) while manufacturing grew by 3.2% (Jan’20: 1.6%). Electricity production also increased by 8.1% YoY (Feb’20: 3.1%). By usage, the intermediate and primary goods grew by 22.4% and 7.4% while infrastructure goods turned marginally positive to 0.1% after being negative for past 6 months. Consumer durables and capital goods contracted by -6.4% and -9.7% respectively. However, going forward, IIP is likely to contract significantly on back of lockdown imposed by Government since 25th March 2020.
Core Industries contracts sharply, likely to remain weak in near term: The core industries registered degrowth of 6.5% in March 2020 driven by contraction in all segments except coal
(+4%). Cement production contracted by ~25% while Steel and Fertilizers fell by 13.1% and 11.8% respectively. Electricity production fell by 7.2% too. Recent data indicates electricity generation has fallen between 20-25% in April 2020 due to lockdown. In March 2020, the impact of lockdown was largely restricted to last week only. Thus, with lockdown being imposed for full month in April 2020, the core industries growth is likely to weaken further.
Trade Deficit stable, likely to improve going forward: India’s trade deficit for March 2020 was marginally lower at ~US$ 9,758 million compared to last month. Net gold* imports fell sharply during the month on back of lower volumes and weaker demand. Net oil imports widened slightly as benefit of lower oil imports due to fall in oil prices was set off by weaker oil exports. Excluding oil and gold, the trade deficit increased as lower imports of electronic goods was more than offset by weaker exports of engineering goods and chemicals. INR appreciated by ~0.7% against USD and closed at 75.1.
Amount in USD Million Feb-20 Mar-20 Change (%)Trade Deficit 9,850 9,758 -0.9%
Net Oil imports 7,362 7,524 2.2%Net Gold imports* 1,893 708 -62.6%Trade deficit ex oil & gold 596 1,527 156.3%
* includes net imports of gold, silver & precious stones adjusted for gems & jewellery exports.
Due to disruption in demand and excess global supply, crude oil prices have fallen sharply (over past 2 months). Further, weak gold volumes and likely fall in non-oil non-gold imports should lead to lower trade deficit and thus, improving current account position going forward. This is likely to be offset partially by weak exports and lower remittances from abroad, especially from gulf countries.
Commodity prices mixed: Commodity prices witnessed mixed trends during the month. Brent crude prices fell below US $20/barrel due to concerns over excess supply & storage but ended the month at US $25, up ~11% from last month. Gold prices ended the month at US $1,687/ounce on back of demand for safe haven assets and increase in global liquidity.
Given the evolving situation, it is difficult to assess the exact impact of coronavirus on growth. If the spread of virus is contained within a reasonable time, impact on growth is likely to be limited for the short term and it should recover in second half of FY21. Stimulative measures announced by major global central banks and governments of many countries should help counter the impact on growth to a certain extent.
While immediate impact of disruption is negative for India in near term but once the spread is contained, India stands to benefit in this environment, in our opinion. Amongst the Emerging Markets (EMs), India is uniquely placed as most major EM economies have high dependence on exports and/or are net oil exporters. Thus, weakness in global growth and fall in oil prices is likely to hurt these economies significantly. But India is a net importer of oil and stands to gain significantly due to fall in oil prices. Further, India’s dependence on exports is relatively limited as compared to other EMs. Thus, once the situation stabilises, India could see relatively stronger recovery.
Further, disruption in global supply chain caused by this event has highlighted risk of overdependence on a single country. Thus, over medium to long term, many global MNCs are likely to consider diversifying their manufacturing operations from China and India could be a likely beneficiary given the low corporate tax rate, skilled population, relatively low wages and a large domestic market. For more on this, please refer “HDFC MF Yearbook 2020” published in January 2020 and available on our website www.hdfcfund.com.
4 April 2020
Market Review Contd...
Equity Market Update
In April 2020, Indian markets were up ~14.5% month on month after correcting ~23% in month of March 2020. The key drivers of rebound in markets were global fiscal and monetary stimulus announced by major countries, positive news on favourable trial results of a particular medicine in US for treatment of COVID-19 and relatively low number of positive cases in India, compared to other countries. The rally in equities was broad based with mid & small caps also rising sharply, in line with large caps. Most sectoral performance was positive with Healthcare, Auto and Oil & Gas outperforming significantly.
Globally, equity markets also rebounded in April 2020 and most major indices globally delivered positive returns. The tables below give the details of performance of key domestic and global indices.
% Change in Indices FY2020 Apr-20S&P BSE India Auto (42.9) 24.2 S&P BSE India Bankex (35.4) 12.1 S&P BSE India Capital Goods (40.6) 11.0 S&P BSE India FMCG (12.7) 5.0 S&P BSE India Healthcare (15.7) 26.2 S&P BSE India Metal (49.7) 18.1 S&P BSE India Power (32.3) 8.2 S&P BSE India Oil & Gas (34.4) 20.4 S&P BSE India IT (16.0) 10.8 S&P BSE SENSEX (23.8) 14.4 NIFTY 50 (26.0) 14.7 NIFTY Midcap 100 (35.9) 15.4 NIFTY Smallcap (46.1) 13.4
% Change in Indices FY2020 Apr-20S&P 500 (8.8) 12.7 FTSE (22.1) 4.0 DAX (13.8) 9.3 CAC (17.8) 4.0 Nikkei (10.8) 6.7 Hang Seng (18.8) 4.4 KOSPI (18.0) 11.0 Shanghai (11.0) 4.0 MSCI Emerging Market Index (19.8) 9.0
FPIs remained net seller second month in a row, albeit the pace of outflow slowed significantly. FPIs sold equity worth US $0.9 billion in April 2020, after selling US $8.3 billion a month ago. Total FPI’s equity outflows in first four months of CY20 have been US $7.3 billion as against inflows of US $9.8 billion during the corresponding period last year. Net inflows in domestic equity oriented mutual funds stood at INR 11,344 crore in March 2020 compared to net inflows of INR 9,958 crore a month ago. For FY20, total inflows in domestic equity oriented mutual fund stood at INR 67,035 crore.
Outlook
As on 30th April 2020, NIFTY 50 was trading near 19.0x FY21 (e) and 14.8x FY22 (e) price to earnings ratio. While multiples remains attractive, in uncertain times like the current one, limited reliance can be placed on the Price to earnings multiples for gauging valuations as earnings are difficult to predict, especially for FY21. In our opinion, Indian market cap to GDP and price to book value are better indicators of valuation of overall market in current scenario. As of end-April 2020, Indian market capitalisation is ~60% of GDP, a level seen last post correction during global financial crisis in 2008-09.
For 2020E and 2021E, Market cap/NIFTY as on 30 April 20 is taken; GDP estimates are for 2020E and 2021E respectively. For 2020E, PE based on free-float EPS as of Mar-21 end and for 2021E EPS of Mar-22 end is used
Price to book value has also corrected sharply over the past couple of months and is now trading at significantly lower than its long term average.
Further, it is worth noting that the gap between 10Y Gsec and 1Y-Forward NIFTY 50 Earning yield* has reduced significantly and it is now below 10 year average. This further indicates that equity markets are attractively priced.
*Earning yield = 1/(one year forward P/E).
Markets thus hold promise over the medium to long term in our opinion. Further, DIPAM (Department of Investment and Public Asset Management) secretary (source: Interview dated 4th February 2020, in Financial Express) has mentioned that Exchange Traded Funds (ETFs) are going to be less preferred route for divestments going forward. This should lead to better valuations of PSUs as regular supply of shares through ETFs was a big overhang on their share prices.
In view of the above, where risk appetite permits, investors should use this deep correction to their advantage by increasing exposure to equity funds. At times like these, perceived risk is higher than the real risk. Thus, there is merit in increasing allocation to equities in a phased manner or in staying invested as the case may be (for those with a medium to long term view and in line with individual risk appetite). It is advisable to invest one’s total investible surplus of risk capital in 2-3 phases over next few weeks or months. One significant tranche should be deployed now because markets are down 20% from the recent highs and the other portions can be invested over few weeks or months. Historically, it has been observed that investments made in tough times and around period when FPIs are large sellers, have yielded strong returns over medium term.
Significant delay in containment of coronavirus, adverse global events, sharp rise in crude oil prices, sharp moderation in equity oriented mutual funds flows, delays in NPA resolution under NCLT are key risks in the near term.
Market Review continued on next pageSource for various data points: Bloomberg, NSDL, CMIE, RBI, Kotak Institutional Research, Worldometers.info, World Bank.
% Change in Indices FY 2019 FY2020
S&P BSE India Auto (21.7) (42.9)S&P BSE India Bankex 25.5 (35.4)S&P BSE India Capital Goods (0.0) (40.6)S&P BSE India FMCG 14.1 (12.7)S&P BSE India Healthcare 9.5 (15.7)S&P BSE India Metal (14.8) (49.7)S&P BSE India Power (4.3) (32.3)S&P BSE India Oil & Gas 4.5 (34.4)S&P BSE India IT 26.3 (16.0)S&P BSE SENSEX 17.3 (23.8)NIFTY 50 14.9 (26.0)NIFTY Midcap 100 (2.7) (35.9)NIFTY Smallcap (14.4) (46.1)
The yield on 10-year benchmark Gsec (6.45 GoI 2029) ended the month of April 2020 at 6.11%, down 3 bps over the previous month end. The table below gives a summary view of movement of key rates & liquidity. Mar-20 Apr-20 Change (%)10Yr G-Sec Yield (%, 6.45 GoI 2029)^ 6.14 6.11 -0.03AAA 10Year Corporate Bond Yields (%)# 7.30 7.33 0.03AAA 10Y corporate bond spread against 6.45 GS 2029 Yield (bps)@ 116 122 0.06
Average liquidity absorbed / (infused) by RBI* (INR billion) (approx.) 2,992 4,700
MIBOR Overnight Rate (%) 4.81 4.41 -0.40* Average daily liquidity infused / absorbed through Liquidity Adjustment Facility, exports
refinance, marginal standing facility and term repos/reverse repos; ^ bi-annual yield;# annualised yields;@ Spreads have been calculated by subtracting non-annualised Gsec yields from annualised
corporate bond yields
Average interbank liquidity surplus increased for the month due to high government spending, long term repo operations conducted by RBI and soft credit growth vis-a-vis deposit growth. 10 year AAA Corporate credit spreads over Gsec increased by ~6 bps during the month.
During the month, a large fund house announced winding up of some debt schemes on back of continuous redemptions and limited secondary market liquidity of the corporate bond papers, especially for lower rated papers. This resulted in large redemptions in most credit oriented schemes of other mutual funds. This has resulted in increased selling pressure of lower rated securities and thus widening the spreads significantly. While RBI announced the SLF-MF of INR 50,000 crore, the utilisation of the same has been limited till now. Since the announcement, pace of redemptions and credit spreads have stabilised to certain extent.
Outlook
RBI’s decision of widening the policy corridor by 25 bps, announcement of TLTRO 2.0, SLF-MF, conduct of operation TWIST of INR 10,000 crore along with RBI Governor’s statement about benign inflation and challenging growth outlook - indicates that RBI is open to take further conventional and unconventional policy measures to counter the impact on slowdown due to the pandemic. The measures announced by RBI are mainly targeted towards improving the transmission of policy measures and improving liquidity.
In other developments, amount to be raised via T-bills was increased from INR 3 lakh crore to INR 4.5 lakh crore for Q1FY21. This is significantly positive for Gsec yields as it would reduce the supply of dated securities. Further, sharp fall in oil prices, positive outlook on Balance of payment, benign inflation outlook, lower global rates and easing liquidity by Major central banks bodes well for lower yields in India. Further, once the FPIs selling abates and fixed income markets stabilises, we believe, there is reasonable room for yields to decline.
However, likely significant shortfall in revenues due to lockdown and growth slowdown along with announced/planned fiscal stimulus leading to high fiscal slippage in FY21, excess SLR (Statutory Liquidity Ratio) investments within banking system, any sharp reversal in oil prices, etc. are key risks to our view. In view of the above, yields at the longer end of the curve are likely to trade within a range in the foreseeable future. Considering the aforesaid factors, we maintain our view that the short to medium end of the yield curve offers better risk adjusted returns. In view of the above, we continue to recommend investment in short to medium duration debt funds.
Source for various data points: Bloomberg, NSDL, CMIE, RBI, Kotak Institutional Research, Worldometers.info, World Bank.
As per SeBI communication dated April 30, 2020, the temporary revision in cut-off timings for applicability of NAV for the Schemes of HDFC Mutual Fund (“the Fund”) as given below has been extended till further notice.
In respect of subscriptions / purchases (including switch-ins)
• For HDFC Liquid Fund and HDFC Overnight Fund - 12:30 p.m.
• For Schemes other than HDFC Liquid Fund and HDFC Overnight Fund - 01:00 p.m.
In respect of redemptions (including switch-outs)
• For all schemes including HDFC Liquid Fund and HDFC Overnight Fund - 01:00 p.m.
All other provisions relating to applicability of NAV for subscription / purchase, switches and redemption mentioned in the SIDs and KIMs of the Scheme(s) shall remain unchanged.
6 April 2020
CONTENTS
PAGE NO.
WEAlTH CREATION
HDFC Equity Fund ............................................................................. 07
HDFC Capital Builder Value Fund ........................................................ 08
HDFC Top 100 Fund ........................................................................... 09
HDFC Mid-Cap Opportunities Fund ..................................................... 10
HDFC Small Cap Fund ........................................................................ 11
HDFC Growth Opportunities Fund ...................................................... 12
HDFC Focused 30 Fund ...................................................................... 13
HDFC Infrastructure Fund .................................................................. 14
HDFC Balanced Advantage Fund ........................................................ 15-16
HDFC Hybrid Equity Fund ................................................................... 17-18
HDFC Multi-Asset Fund ...................................................................... 19-20
WEAlTH CREATION These schemes aim to increase wealth over the long term by investing predominantly in equity instruments and are suitable for investors with high risk appetite and relatively higher investment horizon.
TAx SAVINGS This scheme is eligible to provide tax deduction under Section 80C and also aims to increase wealth over the long term. This is an ideal solution for investors who would like to create wealth and save tax.
CHIlDREN'S FUTURE This scheme aims to help you achieve your specific financial goal of planning for child’s future expenses like higher education, etc.
RETIREMENT PLANNING These schemes aim to help you achieve your specific financial goal of retirement planning.
REgUlAR INCOME These schemes aim to provide stable income and are ideal for investors with low to medium risk appetite who wish to receive regular income to meet their periodic expenses.
Disclaimer: Investors are requested to note that the above goal based solutions should not be construed as financial planning solution/recommendation by the Fund/AMC. It does not in any manner, indicate or imply either the quality of any particular Scheme or guarantee any specific performance/returns. Such solutions must be tailored to investor’s individual situation and objectives and therefore, investors should consult their financial advisors to ascertain whether a product is suitable for them.
April 2020 7
SIP PERFORMANCE ^ - Regular plan - growth OptionSince Inception
Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using xIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of April 30, 2020 unless otherwise specified.
PERFORMANCE ^ - Regular plan - growth OptionDate Period Scheme
Returns (%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 investedScheme (`) Benchmark
(`)#Additional
Benchmark (`)##
Apr 30, 19 Last 1 Year -22.83 -15.93 -14.88 7,717 8,407 8,512Apr 28, 17 Last 3 Years -2.60 0.42 3.33 9,239 10,126 11,034Apr 30, 15 Last 5 Years 2.47 4.76 5.16 11,298 12,622 12,863Jan 01, 95 Since Inception 16.87 10.33 9.96 519,905 120,724 111,016
Returns greater than 1 year period are compounded annualized (CAGR). Performance of dividend option under the schemes for the investors would be net of Dividend Distribution Tax as applicable. N.A. Not Available. For performance of other schemes managed by Prashant Jain, please refer page 54. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. As NIFTY 50 TRI data is not available since inception of the scheme, additional benchmark performance is calculated using composite CAGR of NIFTY 50 PRI values from January 1, 1995 to June 29, 1999 and TRI values since June 30, 1999. For Performance of Direct Plan, refer page no. 61. For FPI Portfolio, refer page no. 70.
This product is suitable for investors who are seeking ~
l to generate long-term capital appreciation / income
l investment predominantly in equity & equity related instruments
Riskometer
Investors understand that their principal will be at moderately high risk
~ Investors should consult their financial advisers, if in doubt about whether the product is suitable for them. ^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
(An open ended equity scheme investing across large cap, mid cap & small cap stocks)HDFC Equity Fund
Company Industry+ % to NAV
EqUITY & EqUITY RElATED
• ICICI Bank Ltd. Banks 9.57
• State Bank of India Banks 7.70
• Larsen and Toubro Ltd. Construction Project 7.43
Praj Industries Ltd. Industrial Capital Goods 0.50
Bharat Dynamics Ltd. Aerospace & Defence 0.49
Canara Bank Banks 0.46
Siemens Ltd. Industrial Capital Goods 0.46
Company Industry+ % to NAV
Time Technoplast Ltd. Industrial Products 0.18
CG Power and Industrial Solutions Ltd. Industrial Capital Goods 0.15
Hindustan Construction Company Ltd. Construction Project 0.10
Simplex Infrastructures Ltd. Construction 0.07
Ramco Systems Ltd. Software 0.06Sub Total 99.46Preference SharesZee entertainment enterprises Ltd. Media & entertainment 0.01Sub Total 0.01Total 99.47Cash, Cash equivalents and Net Current Assets 0.53
Grand Total 100.00
• Top Ten Holdings, £ Co-sponsor
PORTFOLIO
Industry Allocation of Equity Holding (% of Net Assets)
INVESTMENT OBjECTIVETo generate capital appreciation / income from a portfolio, predominantly invested in equity & equity related instruments.There is no assurance that the investment objective of the Scheme will be realized.
FUND MANAgER § ¥
Prashant Jain (since June 20, 2003)
Total Experience: Over 27 years
INCEPTION DATE (Date of Allotment)January 1, 1995
NAV (AS ON APRIL 30, 2020) NAV PER UNIT (`)Regular Plan - Growth Option 519.905Regular Plan - Dividend Option 33.901Direct Plan - Growth Option 549.732Direct Plan - Dividend Option 37.056
ASSETS UNDER MANAgEMENT (`) IN CROREAs on April 30, 2020 18,213.66Average for Month of April 2020 16,862.96
qUANTITATIVE DATAPortfolio Turnover Ratio (Last 1 year) 26.01%Risk Ration Standard Deviation 6.560%n Beta 1.041n Sharpe Ratio* -0.055Computed for the 3-yr period ended April 30, 2020. Based on month-end NAV. * Risk free rate: 4.41%(Source: FIMMDA MIBOR)
TOTAL ExPENSE RATIO (As on April 30, 2020)Including Additional expenses and Goods and Service Tax on Management FeesRegular: 1.81% Direct: 1.24%
EXIT lOADl In respect of each purchase / switch-in of Units, an exit Load
of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment.
l No exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment.
For further details, please refer to para ‘Exit Load’ on Pg 54.
PLANS & OPTIONSRegular Plan, Direct Plan. Under each Plan : Growth & Dividend. The Dividend Option offers Dividend Payout and Reinvestment facility.
MINIMUM APPlICATION AMOUNTPurchase : ` 5,000 and any amount thereafter.Additional Purchase : ` 1,000 and any amount thereafter.
SEgMENT-WISE BREAK-UP OF EqUITY HOlDINg (% OF NET ASSETS)Large Cap 93.05%Mid Cap 2.56%Small Cap 3.82%¥ Dedicated Fund Manager for Overseas Investments: Mr. Chirag Dagli (since July 22, 2019) (Total Experience: Over 18 years).
§ Date of migration from Zurich India Mutual Fund (Close of business hours - June 19, 03).
Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using xIRR method (investment internal rate of return). The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
PERFORMANCE ^ - Regular plan - growth OptionDate Period Scheme
Returns (%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##Apr 30, 19 Last 1 Year -24.00 -15.93 -14.88 7,600 8,407 8,512Apr 28, 17 Last 3 Years -3.89 0.42 3.33 8,874 10,126 11,034Apr 30, 15 Last 5 Years 2.76 4.76 5.16 11,457 12,622 12,863Feb 01, 94 Since Inception 12.59 N.A. 9.43 225,048 N.A. 106,715
Returns greater than 1 year period are compounded annualized (CAGR). Performance of dividend option under the schemes for the investors would be net of Dividend Distribution Tax as applicable. N.A. Not Available. For performance of other schemes managed by Miten Lathia, please refer page 54. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. As NIFTY 50 TRI data is not available since inception of the scheme, additional benchmark performance is calculated using composite CAGR of NIFTY 50 PRI values from February 1, 1994 to June 29, 1999 and TRI values since June 30, 1999. For Performance of Direct Plan, refer page no. 68.
Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of April 30, 2020 unless otherwise specified.
This product is suitable for investors who are seeking ~
l to generate long-term capital appreciation / income in the long term
l investment primarily in undervalued stocks
Riskometer
Investors understand that their principal will be at moderately high risk
~ Investors should consult their financial advisers, if in doubt about whether the product is suitable for them. ^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
(An open ended equity scheme following a value investment strategy)HDFC Capital Builder Value Fund
Company Industry+ % to NAVEqUITY & EqUITY RElATED• HDFC Bank Ltd. Banks 7.30• ITC Ltd. Consumer Non Durables 6.50• Axis Bank Ltd. Banks 5.79• Reliance Industries Ltd. Petroleum Products 5.56• Infosys Ltd. Software 5.08• ICICI Bank Ltd. Banks 4.61• Aurobindo Pharma Ltd. Pharmaceuticals 3.17• GAIL (India) Ltd. Gas 2.98• Larsen and Toubro Ltd. Construction Project 2.97• Housing Development
Finance Corporation Ltd.£ Finance 2.87Grasim Industries Ltd. Cement 2.63Glenmark Pharmaceuticals Ltd. Pharmaceuticals 2.47Bharat Petroleum Corporation Ltd. Petroleum Products 2.14NTPC Ltd. Power 1.78Persistent Systems Ltd. Software 1.67Oracle Financial Services Software Ltd. Software 1.65Coal India Ltd. Minerals/Mining 1.60Colgate-Palmolive (I) Ltd. Consumer Non Durables 1.54Ambuja Cements Ltd. Cement 1.53Indoco Remedies Ltd. Pharmaceuticals 1.51Max Financial Services Ltd. Finance 1.44Kotak Mahindra Bank Ltd. Banks 1.40S H Kelkar and Company Ltd. Consumer Non Durables 1.34Spicejet Ltd. Transportation 1.29Vedanta Ltd. Non - Ferrous Metals 1.22Indusind Bank Ltd. Banks 1.20State Bank of India Banks 1.12Oil & Natural Gas Corporation Ltd. Oil 1.08Newgen Software Technologies Ltd. Software 1.05L&T Technology Services Ltd. Software 1.03Advanced enzyme Technologies Ltd.
Consumer Non Durables 0.99
Tech Mahindra Ltd. Software 0.99VRL Logistics Ltd. Transportation 0.98Chambal Fertilizers & Chemicals Ltd. Fertilisers 0.97SBI Life Insurance Company Ltd. Finance 0.97emami Ltd. Consumer Non Durables 0.91Trent Ltd. Retailing 0.85Ashoka Buildcon Ltd. Construction Project 0.84Hindalco Industries Ltd. Non - Ferrous Metals 0.81Solar Industries India Ltd. Chemicals 0.81Shriram Transport Finance Company Ltd. Finance 0.74SBI Cards and Payment Services Ltd. Finance 0.64
Company Industry+ % to NAVMishra Dhatu Nigam Ltd. Ferrous Metals 0.63Gujarat Pipavav Port Ltd. Transportation 0.61Inox Leisure Ltd. Media & entertainment 0.60Dilip Buildcon Ltd. Construction Project 0.59Blue Star Ltd. Consumer Durables 0.58Avenue Supermarts Ltd. Retailing 0.57Bharat Dynamics Ltd. Aerospace & Defence 0.52Bharti Infratel Ltd. Telecom - equipment
& Accessories 0.52Bajaj Finserv Ltd. Finance 0.46Radico Khaitan Ltd. Consumer Non Durables 0.41RBL Bank Ltd. Banks 0.39Hero MotoCorp Ltd. Auto 0.38Zee entertainment enterprises Ltd. Media & entertainment 0.38Siti Networks Ltd. Media & entertainment 0.11Bajaj Consumer Care Ltd. Consumer Non Durables 0.09Sadbhav Infrastructure Project Ltd. (Corporate Guarantee of Sadbhav engineering Ltd.) Construction Project 0.09Sub Total 95.47Cash, Cash equivalents and Net Current Assets 4.53Grand Total 100.00• Top Ten Holdings, £ Co-sponsor
PORTFOLIO
Industry Allocation of Equity Holding (% of Net Assets)
l In respect of each purchase / switch-in of Units, an exit Load of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment.
l No exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment.
For further details, please refer to para ‘Exit Load’ on Pg 54.
PLANS & OPTIONS
Regular Plan, Direct Plan. Under each Plan : Growth & Dividend. The Dividend Option offers Dividend Payout and Reinvestment facility.
MINIMUM APPlICATION AMOUNT
Purchase : ` 5,000 and any amount thereafter.Additional Purchase : ` 1,000 and any amount thereafter.
¥ Dedicated Fund Manager for Overseas Investments: Mr. Chirag Dagli (since July 22, 2019) (Total Experience: Over 18 years).
CATEgORY OF SCHEME: VALUE FUND
April 2020 9
CATEgORY OF SCHEME: LARGE-CAP FUND
Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of April 30, 2020 unless otherwise specified.
KEY FACTS
INVESTMENT OBjECTIVETo provide long-term capital appreciation/income by investing predominantly in Large-Cap companies.There is no assurance that the investment objective of the Scheme will be realized.
FUND MANAgER § ¥
Prashant Jain (since June 20, 2003)
Total Experience: Over 27 years
INCEPTION DATE (Date of Allotment)October 11, 1996
NAV (AS ON APRIL 30, 2020) NAV PER UNIT (`)Regular Plan - Growth Option 390.874Regular Plan - Dividend Option 33.000Direct Plan - Growth Option 409.959Direct Plan - Dividend Option 35.605
ASSETS UNDER MANAgEMENT (`) IN CROREAs on April 30, 2020 14,831.72Average for Month of April 2020 13,591.97
qUANTITATIVE DATAPortfolio Turnover Ratio (Last 1 year) 21.00%Risk Ration Standard Deviation 6.164%n Beta 1.016n Sharpe Ratio* -0.053Computed for the 3-yr period ended April 30, 2020. Based on month-end NAV. * Risk free rate: 4.41%(Source: FIMMDA MIBOR)
TOTAL ExPENSE RATIO (As on April 30, 2020)Including Additional expenses and Goods and Service Tax on Management FeesRegular: 1.87% Direct: 1.27%
EXIT lOADl In respect of each purchase / switch-in of Units, an exit Load
of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment.
l No exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment.
For further details, please refer to para ‘Exit Load’ on Pg 54.
PLANS & OPTIONSRegular Plan, Direct Plan. Under each Plan : Growth & Dividend. The Dividend Option offers Dividend Payout and Reinvestment facility.
MINIMUM APPlICATION AMOUNTPurchase : ` 5,000 and any amount thereafter.Additional Purchase : ` 1,000 and any amount thereafter.
SEgMENT-WISE BREAK-UP OF EqUITY HOlDINg (% OF NET ASSETS)Large Cap 94.78%Mid Cap 3.18% Small Cap 1.07%§ Date of migration from Zurich India Mutual Fund (Close of business hours - June 19, 03).¥ Dedicated Fund Manager for Overseas Investments: Mr. Chirag Dagli (since July 22, 2019) (Total Experience: Over 18 years).
This product is suitable for investors who are seeking ~
l to generate long-term capital appreciation / income
l investment predominantly in Large-Cap companies
Riskometer
Investors understand that their principal will be at moderately high risk
~ Investors should consult their financial advisers, if in doubt about whether the product is suitable for them.
SIP PERFORMANCE ^ - Regular plan - growth OptionSince Inception
Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using xIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
PERFORMANCE ^ - Regular plan - growth OptionDate Period Scheme
Returns (%) $$
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 investedScheme (`)
$$Benchmark
(`)#Additional
Benchmark (`)##
Apr 30, 19 Last 1 Year -22.26 -14.54 -12.51 7,774 8,546 8,749Apr 28, 17 Last 3 Years -1.86 2.55 5.35 9,450 10,786 11,697Apr 30, 15 Last 5 Years 3.16 5.36 5.93 11,685 12,986 13,341Oct 11, 96 Since Inception 17.82 N.A. 12.37 476,596 N.A. 156,100
Returns greater than 1 year period are compounded annualized (CAGR). Performance of dividend option under the schemes for the investors would be net of Dividend Distribution Tax as applicable. N.A. Not Available. $$ All dividends declared prior to the splitting of the Scheme into Dividend & Growth Options are assumed to be reinvested in the units of the Scheme at the then prevailing NAV (ex-dividend NAV). For performance of other schemes managed by Prashant Jain, please refer page 54. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 61. For FPI Portfolio, refer page no. 70.
^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
(An open ended equity scheme predominantly investing in large cap stocks)HDFC Top 100 Fund
Company Industry+ % to NAV
EqUITY & EqUITY RElATED
• Reliance Industries Ltd. Petroleum Products 8.93• ICICI Bank Ltd. Banks 8.34• HDFC Bank Ltd. Banks 6.66• Infosys Ltd. Software 6.61• ITC Ltd. Consumer Non Durables 6.08• Larsen and Toubro Ltd. Construction Project 5.30• State Bank of India Banks 5.27• Housing Development
Finance Corporation Ltd.£ Finance 5.19• Axis Bank Ltd. Banks 3.92• NTPC Ltd. Power 3.86Coal India Ltd. Minerals/Mining 3.52Power Grid Corporation of India Ltd. Power 3.02Hindustan Petroleum Corporation Ltd. Petroleum Products 2.25Bharat Petroleum Corporation Ltd. Petroleum Products 2.11Power Finance Corporation Ltd. Finance 1.97Tata Steel Ltd. Ferrous Metals 1.71Aurobindo Pharma Ltd. Pharmaceuticals 1.62Oil & Natural Gas Corporation Ltd. Oil 1.53GAIL (India) Ltd. Gas 1.48Sun Pharmaceutical Industries Ltd. Pharmaceuticals 1.48ReC Ltd. Finance 1.44Lupin Ltd. Pharmaceuticals 1.33Cipla Ltd. Pharmaceuticals 1.29Bharti Airtel Ltd. Telecom - Services 1.25CeSC Ltd. Power 1.24Ambuja Cements Ltd. Cement 1.23SBI Cards and Payment Services Ltd. Finance 1.07Bharat electronics Ltd. Industrial Capital Goods 0.77InterGlobe Aviation Ltd. Transportation 0.76Bank of Baroda Banks 0.75Bharti Infratel Ltd. Telecom - equipment
& Accessories 0.74Vedanta Ltd. Non - Ferrous Metals 0.73Adani Ports & Special economic Zone Transportation 0.68HCL Technologies Ltd. Software 0.65Siemens Ltd. Industrial Capital Goods 0.62Grasim Industries Ltd. Cement 0.52Hindalco Industries Ltd. Non - Ferrous Metals 0.48Petronet LNG Ltd. Gas 0.41Canara Bank Banks 0.39Indian Oil Corporation Ltd. Petroleum Products 0.32
Company Industry+ % to NAV
Bank of India Banks 0.30Wipro Ltd. Software 0.29NHPC Ltd. Power 0.25Punjab National Bank Banks 0.23ABB India Ltd. Industrial Capital Goods 0.22Union Bank of India Banks 0.18Tata Chemicals Ltd. Chemicals 0.04LIC Housing Finance Ltd. Finance 0.02Sub Total 99.05Preference SharesZee entertainment enterprises Ltd. Media & entertainment 0.01Sub Total 0.01Total 99.06Cash, Cash equivalents and Net Current Assets 0.94
Grand Total 100.00
• Top Ten Holdings, £ Co-sponsor
PORTFOLIO
Industry Allocation of Equity Holding (% of Net Assets)
& Finance Finance 2.81• Atul Ltd. Chemicals 2.71• Divis Laboratories Ltd. Pharmaceuticals 2.70• Sundram Fasteners Ltd. Auto Ancillaries 2.63• City Union Bank Ltd. Banks 2.59Torrent Pharmaceuticals Ltd. Pharmaceuticals 2.47Max Financial Services Ltd. Finance 2.45Whirlpool of India Ltd. Consumer Durables 2.44Crompton Greaves Consumer electricals Ltd. Consumer Durables 2.28Bharat electronics Ltd. Industrial Capital Goods 2.24Hexaware Technologies Ltd. Software 2.12AIA engineering Ltd. Industrial Products 2.11Indian Hotels Company Ltd. Hotels/Resorts & Other
Recreational Activities 1.84Aurobindo Pharma Ltd. Pharmaceuticals 1.81Tata Consumer Products Ltd. Consumer Non Durables 1.79Supreme Industries Ltd. Industrial Products 1.73exide Industries Ltd. Auto Ancillaries 1.68VST Industries Ltd. Consumer Non Durables 1.65SKF India Ltd. Industrial Products 1.55Tube Investments of India Ltd. Auto Ancillaries 1.46Nippon Life India Asset Management Ltd. Finance 1.33Larsen & Toubro Infotech Ltd. Software 1.25Apollo Tyres Ltd. Auto Ancillaries 1.22Carborundum Universal Ltd. Industrial Products 1.22Cholamandalam Financial Holdings Ltd. Finance 1.19Tata Chemicals Ltd. Chemicals 1.15Power Finance Corporation Ltd. Finance 1.11The Federal Bank Ltd. Banks 1.06Glenmark Pharmaceuticals Ltd. Pharmaceuticals 1.04KNR Construction Ltd.. Construction 1.03MRF Ltd. Auto Ancillaries 1.03ReC Ltd. Finance 0.97KeC International Ltd. Construction Project 0.95Blue Star Ltd. Consumer Durables 0.94RBL Bank Ltd. Banks 0.94Solar Industries India Ltd. Chemicals 0.94Dilip Buildcon Ltd. Construction Project 0.84Bata India Ltd. Consumer Durables 0.74Redington (India) Ltd. Transportation 0.71Schaeffler India Ltd. Industrial Products 0.66Navneet education Ltd. Media & entertainment 0.63Symphony Ltd. Consumer Durables 0.60Greenlam Industries Ltd. Consumer Durables 0.59RITeS Ltd. engineering Services 0.57Grindwell Norton Ltd. Industrial Products 0.53Karur Vysya Bank Ltd. Banks 0.51Persistent Systems Ltd. Software 0.48Gujarat Fluorochemicals Ltd. Chemicals 0.44Union Bank of India Banks 0.44Vesuvius India Ltd. Industrial Products 0.43Greenply Industries Ltd. Consumer Durables 0.42Jagran Prakashan Ltd. Media & entertainment 0.38Edelweiss Financial Services Ltd. Finance 0.37Indian Bank Banks 0.37Delta Corp Ltd. Hotels/Resorts & Other
Recreational Activities 0.34Cummins India Ltd. Industrial Products 0.33
Company Industry+ / Rating % to NAVNIIT Technologies Ltd. Software 0.30Punjab National Bank Banks 0.29Oracle Financial Services Software Ltd. Software 0.28Mahindra Holidays & Resorts Ind Ltd.
Hotels/Resorts & Other Recreational Activities 0.27
Strides Pharma Science Ltd. Pharmaceuticals 0.27Dhanuka Agritech Ltd. Pesticides 0.26Vardhman Textiles Ltd. Textiles - Cotton 0.25Arvind Fashions Ltd. Retailing 0.21Arvind Ltd. Textile Products 0.16GFL Ltd. Chemicals 0.12Greenpanel Industries Ltd. Consumer Durables 0.11Arti Surfactants Ltd. Chemicals 0.10The Anup engineering Ltd. Industrial Capital Goods 0.09Sub Total 92.52Preference SharesZee entertainment enterprises Ltd. Media & entertainment @Sub Total @Total 92.52DEBT & DEBT RElATEDCredit Exposure Tata Capital Financial Services Ltd. ICRA - AAA 0.54Sub Total 0.54Total 0.54MONEY MARKET INSTRUMENTSCPNational Bank for Agriculture & Rural Development ICRA - A1+ 0.54Sub Total 0.54CDAxis Bank Ltd. CRISIL - A1+ 0.54Sub Total 0.54Total 1.08Cash, Cash equivalents and Net Current Assets 5.86Grand Total 100.00• Top Ten Holdings, @ Less than 0.01%
CATEgORY OF SCHEME: MID CAP FUND
KEY FACTS
INVESTMENT OBjECTIVETo provide long-term capital appreciation/income by investing predominantly in Mid-Cap companies.There is no assurance that the investment objective of the Scheme will be realized.
FUND MANAgER ¥
Chirag Setalvad (since June 25, 2007)
Total Experience: Over 21 years
INCEPTION DATE (Date of Allotment)June 25, 2007
NAV (AS ON APRIL 30, 2020) NAV PER UNIT (`)Regular Plan - Growth Option 43.909Regular Plan - Dividend Option 19.916Direct Plan - Growth Option 46.678Direct Plan - Dividend Option 25.298
ASSETS UNDER MANAgEMENT (`) IN CROREAs on April 30, 2020 18,455.19Average for Month of April 2020 17,149.54
qUANTITATIVE DATAPortfolio Turnover Ratio (Last 1 year) 3.93%Risk Ration Standard Deviation 6.807%n Beta 0.878n Sharpe Ratio* -0.085Computed for the 3-yr period ended April 30, 2020. Based on month-end NAV. * Risk free rate: 4.41%(Source: FIMMDA MIBOR)
TOTAL ExPENSE RATIO (As on April 30, 2020)Including Additional expenses and Goods and Service Tax on Management FeesRegular: 1.85% Direct: 1.17%
EXIT lOADl In respect of each purchase / switch-in of Units, an exit Load
of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment.
l No exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment.
For further details, please refer to para ‘Exit Load’ on Pg 54.
PLANS & OPTIONSRegular Plan, Direct Plan. Under each Plan : Growth & Dividend. The Dividend Option offers Dividend Payout and Reinvestment facility.
MINIMUM APPlICATION AMOUNTPurchase : ` 5,000 and any amount thereafter.Additional Purchase : ` 1,000 and any amount thereafter.
SEgMENT-WISE BREAK-UP OF EqUITY HOlDINg (% OF NET ASSETS)Large Cap 10.88%Mid Cap 65.30%Small Cap 16.33%¥ Dedicated Fund Manager for Overseas Investments: Mr. Chirag Dagli (since July 22, 2019) (Total Experience: Over 18 years).
SIP PERFORMANCE ^ - Regular plan - growth Option
Since Inception SIP
10 year SIP
5 year SIP
3 year SIP
1 year SIP
Total Amount Invested (` ‘000) 1,550.00 1,200.00 600.00 360.00 120.00 Mkt Value As on April 30, 2020 (` ‘000) 3,699.94 2,009.29 558.49 295.23 102.95 Returns (%) 12.64 9.95 -2.82 -12.48 -25.33 Benchmark Returns (%) # 7.58 5.56 -5.43 -15.87 -28.60 Additional Benchmark Returns (%) ## 8.03 7.17 2.55 -4.17 -20.89
Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using xIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year -19.39 -22.10 -14.88 8,061 7,790 8,512Apr 28, 17 Last 3 Years -5.39 -8.31 3.33 8,464 7,702 11,034Apr 30, 15 Last 5 Years 3.95 2.41 5.16 12,140 11,266 12,863Jun 25, 07 Since Inception 12.20 8.12 8.02 43,909 27,277 26,953
Returns greater than 1 year period are compounded annualized (CAGR). Performance of dividend option under the schemes for the investors would be net of Dividend Distribution Tax as applicable. For performance of other schemes managed by Chirag Setalvad, please refer page 54. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 61.
Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of April 30, 2020 unless otherwise specified.
This product is suitable for investors who are seeking ~
l to generate long-term capital appreciation / income
l investment predominantly in Mid-Cap companies
Riskometer
Investors understand that their principal will be at moderately high risk
~ Investors should consult their financial advisers, if in doubt about whether the product is suitable for them.
^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
(An open ended equity scheme predominantly investing in mid cap stocks)HDFC Mid Cap Opportunities Fund
PORTFOLIO
Industry Allocation of Equity Holding (% of Net Assets)
0.160.250.260.570.711.011.031.792.332.45
3.433.44
4.436.20
8.5610.2310.9211.0411.5612.15
0 2 4 6 8 10 12 14
Textile ProductsTextiles - Cotton
PesticidesEngineering Services
TransportationMedia & Entertainment
ConstructionConstruction Project
Industrial Capital GoodsHotels, Resorts & Other Recreational Activities
RetailingConsumer Non Durables
SoftwareBanks
Industrial ProductsFinance
ChemicalsConsumer Durables
PharmaceuticalsAuto Ancillaries
April 2020 11
CATEgORY OF SCHEME: SMALL CAP FUND
KEY FACTS
INVESTMENT OBjECTIVETo provide long-term capital appreciation /income by investing predominantly in Small-Cap companies.There is no assurance that the investment objective of the Scheme will be realized.
FUND MANAgER § ¥
Chirag Setalvad (since June 28, 2014)
Total Experience: Over 21 years
INCEPTION DATE (Date of Allotment)April 3, 2008
NAV (AS ON APRIL 30, 2020) NAV PER UNIT (`)Regular Plan - Growth Option 28.879Regular Plan - Dividend Option 15.204Direct Plan - Growth Option 31.257Direct Plan - Dividend Option 19.278
ASSETS UNDER MANAgEMENT (`) IN CROREAs on April 30, 2020 6,834.98Average for Month of April 2020 6,561.44
qUANTITATIVE DATAPortfolio Turnover Ratio (Last 1 year) 3.65%Risk Ration Standard Deviation 7.184%n Beta 0.760n Sharpe Ratio* -0.096Computed for the 3-yr period ended April 30, 2020. Based on month-end NAV. * Risk free rate: 4.41%(Source: FIMMDA MIBOR)
TOTAL ExPENSE RATIO (As on April 30, 2020)Including Additional expenses and Goods and Service Tax on Management FeesRegular: 1.99% Direct: 0.88%
EXIT lOADl In respect of each purchase / switch-in of Units, an exit Load
of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment.
l No exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment.
For further details, please refer to para ‘Exit Load’ on Pg 54.
PLANS & OPTIONSRegular Plan, Direct Plan. Under each Plan : Growth & Dividend. The Dividend Option offers Dividend Payout and Reinvestment facility.
MINIMUM APPlICATION AMOUNTPurchase : ` 5,000 and any amount thereafter.Additional Purchase : ` 1,000 and any amount thereafter.
SEgMENT-WISE BREAK-UP OF EqUITY HOlDINg (% OF NET ASSETS)Large Cap 5.52%Mid Cap 16.82%Small Cap 69.40%§ Date of migration from Morgan Stanley Mutual Fund
(Close of business hours - June 27, 14)¥ Dedicated Fund Manager for Overseas Investments:
Mr. Chirag Dagli (since July 22, 2019) (Total Experience: Over 18 years).
SIP PERFORMANCE ^ - Regular plan - growth Option
Since Inception SIP
10 year SIP
5 year SIP
3 year SIP
1 year SIP
Total Amount Invested (` ‘000) 1,450.00 1,200.00 600.00 360.00 120.00 Mkt Value As on April 30, 2020 (` ‘000) 2,418.43 1,604.82 507.48 256.55 91.58 Returns (%) 8.12 5.67 -6.56 -20.83 -40.83 Benchmark Returns (%) # 1.59 -1.05 -15.23 -28.25 -44.38 Additional Benchmark Returns (%) ## 8.24 7.17 2.55 -4.17 -20.89
Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using xIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year -32.88 -35.91 -14.88 6,712 6,409 8,512Apr 28, 17 Last 3 Years -7.01 -17.21 3.33 8,035 5,666 11,034Apr 30, 15 Last 5 Years 2.76 -4.64 5.16 11,459 7,886 12,863Apr 03, 08 Since Inception 9.17 2.11 7.48 28,879 12,867 23,905
Returns greater than 1 year period are compounded annualized (CAGR). Performance of dividend option under the schemes for the investors would be net of Dividend Distribution Tax as applicable. For performance of other schemes managed by Chirag Setalvad, please refer page 54. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 61.
Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of April 30, 2020 unless otherwise specified.
This product is suitable for investors who are seeking ~
l to generate long-term capital appreciation / income
l investment predominantly in Small-Cap companies
Riskometer
Investors understand that their principal will be at moderately high risk
~ Investors should consult their financial advisers, if in doubt about whether the product is suitable for them.
^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
(An open ended equity scheme predominantly investing in small cap stocks)HDFC Small Cap Fund
Chemicals Ltd. Fertilisers 2.60• Finolex Industries Ltd. Industrial Products 2.14• PNC Infratech Ltd. Construction 2.13Inox Leisure Ltd. Media & entertainment 2.11Aster DM Healthcare Ltd. Healthcare Services 2.03Indian Hotels Company Ltd. Hotels/Resorts & Other
Recreational Activities 1.99Persistent Systems Ltd. Software 1.98SKF India Ltd. Industrial Products 1.98NIIT Technologies Ltd. Software 1.90Tube Investments of India Ltd. Auto Ancillaries 1.83The Federal Bank Ltd. Banks 1.80KeC International Ltd. Construction Project 1.74La Opala RG Ltd. Consumer Durables 1.69KeI Industries Ltd. Industrial Products 1.64DCB Bank Ltd. Banks 1.62Tata Metaliks Ltd. Ferrous Metals 1.57Great eastern Shipping Company Ltd. Transportation 1.49T. V. Today Network Ltd. Media & entertainment 1.49Bajaj Consumer Care Ltd. Consumer Non Durables 1.42Vardhman Textiles Ltd. Textiles - Cotton 1.42Kalpataru Power Transmission Ltd. Power 1.41Nilkamal Ltd. Industrial Products 1.40Chalet Hotels Ltd. Hotels/Resorts & Other
Recreational Activities 1.34engineers India Ltd. Construction Project 1.27Bank of Baroda Banks 1.26eClerx Services Ltd. Software 1.23Sharda Cropchem Ltd. Pesticides 1.21Suprajit engineering Ltd. Auto Ancillaries 1.18Advanced enzyme Technologies Ltd. Consumer Non Durables 1.17Radico Khaitan Ltd. Consumer Non Durables 1.13Unichem Laboratories Ltd. Pharmaceuticals 1.11eIH Ltd. Hotels/Resorts & Other
Recreational Activities 1.06Insecticides (India) Ltd. Pesticides 1.05Carborundum Universal Ltd. Industrial Products 1.02Goodyear India Ltd. Auto Ancillaries 0.98Gujarat Fluorochemicals Ltd. Chemicals 0.91NRB Bearing Ltd. Industrial Products 0.91Astral Poly Technik Ltd. Industrial Products 0.88Gabriel India Ltd. Auto Ancillaries 0.87Delta Corp Ltd. Hotels/Resorts & Other
Recreational Activities 0.82emami Ltd. Consumer Non Durables 0.80Kirloskar Ferrous Industries Ltd. Ferrous Metals 0.73Redington (India) Ltd. Transportation 0.71Repco Home Finance Ltd. Finance 0.70Punjab National Bank Banks 0.69Orient Refractories Ltd. Industrial Products 0.65LG Balakrishnan & Bros Ltd. Auto Ancillaries 0.58Vesuvius India Ltd. Industrial Products 0.57
Company Industry+ % to NAVIndian Bank Banks 0.56Power Mech Projects Ltd. Construction Project 0.56D B Corp Ltd. Media & entertainment 0.54Oriental Carbon & Chemicals Ltd. Chemicals 0.50Sadbhav engineering Ltd. Construction Project 0.49IFGL Refractories Ltd. (Erst IFGL exports Ltd.) Industrial Products 0.42Apar Industries Ltd. Industrial Capital Goods 0.37Greenlam Industries Ltd. Consumer Durables 0.36Taj GVK Hotels & Resorts Ltd. Hotels/Resorts & Other
Recreational Activities 0.34Atul Auto Ltd. Auto 0.30GNA Axles Ltd. Auto Ancillaries 0.28Shaily engineering Plastics Ltd. Industrial Products 0.27Jagran Prakashan Ltd. Media & entertainment 0.25Greenply Industries Ltd. Consumer Durables 0.24Time Technoplast Ltd. Industrial Products 0.05CG Power and Industrial Solutions Ltd. Industrial Capital Goods 0.03Sub Total 91.78DEBT & DEBT RElATEDMONEY MARKET INSTRUMENTSCPNational Bank for Agriculture & Rural Development ICRA - A1+ 1.46Sub Total 1.46CDAxis Bank Ltd. CRISIL - A1+ 1.45Sub Total 1.45Total 2.91Cash, Cash equivalents and Net Current Assets 5.31Grand Total 100.00• Top Ten Holdings
PORTFOLIO
Industry Allocation of Equity Holding (% of Net Assets)
0.300.400.701.411.422.032.132.202.262.302.60
4.064.394.524.815.555.725.93
7.778.73
10.6211.93
0 2 4 6 8 10 12 14
AutoIndustrial Capital Goods
FinancePower
Textiles - CottonHealthcare Services
ConstructionTransportation
PesticidesFerrous Metals
FertilisersConstruction Project
Media & EntertainmentConsumer Non Durables
ChemicalsHotels, Resorts & Other Recreational Activities
Consumer DurablesBanks
PharmaceuticalsAuto Ancillaries
SoftwareIndustrial Products
12 April 2020
CATEgORY OF SCHEME: LARGE & MID CAP FUND
KEY FACTS
INVESTMENT OBjECTIVETo generate long term capital appreciation/income from a portfolio, predominantly invested in equity and equity related instruments. There is no assurance that the investment objective of the Scheme will be realized.
FUND MANAgER § ¥
Vinay Kulkarni (since June 28, 2014)
Total Experience: Over 29 years
INCEPTION DATE (Date of Allotment)February 18, 1994
NAV (AS ON APRIL 30, 2020) NAV PER UNIT (`)Regular Plan - Growth Option 92.302Regular Plan - Dividend Option 13.564Direct Plan - Growth Option 93.488Direct Plan - Dividend Option 16.128
ASSETS UNDER MANAgEMENT (`) IN CROREAs on April 30, 2020 1,154.79Average for Month of April 2020 1,061.62
qUANTITATIVE DATAPortfolio Turnover Ratio (Last 1 year) 13.78%Risk Ration Standard Deviation 6.337%n Beta 0.951n Sharpe Ratio* -0.063Computed for the 3-yr period ended April 30, 2020. Based on month-end NAV. * Risk free rate: 4.41%(Source: FIMMDA MIBOR)
TOTAL ExPENSE RATIO (As on April 30, 2020)Including Additional expenses and Goods and Service Tax on Management FeesRegular: 2.43% Direct: 2.20%
EXIT lOADl In respect of each purchase / switch-in of Units, an exit Load
of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment.
l No exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment.
For further details, please refer to para ‘Exit Load’ on Pg 54.
PLANS & OPTIONSRegular Plan, Direct Plan. Under each Plan : Growth & Dividend. The Dividend Option offers Dividend Payout and Reinvestment facility.
MINIMUM APPlICATION AMOUNTPurchase : ` 5,000 and any amount thereafter.Additional Purchase : ` 1,000 and any amount thereafter.
SEgMENT-WISE BREAK-UP OF EqUITY HOlDINg (% OF NET ASSETS)Large Cap 59.30%Mid Cap 35.31%Small Cap 1.55%§ Date of migration from Morgan Stanley Mutual Fund (Close of business hours - June 27, 14)¥ Dedicated Fund Manager for Overseas Investments: Mr. Chirag Dagli (since July 22, 2019) (Total Experience: Over 18 years).
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%) $$
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) $$
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year -18.99 -15.76 -12.51 8,101 8,424 8,749Apr 28, 17 Last 3 Years -2.87 -0.65 5.35 9,161 9,806 11,697Apr 30, 15 Last 5 Years 1.09 5.47 5.93 10,556 13,057 13,341Feb 18, 94 Since Inception 9.97 N.A. 10.15 120,670 N.A. 126,084
Returns greater than 1 year period are compounded annualized (CAGR). Performance of dividend option under the schemes for the investors would be net of Dividend Distribution Tax as applicable. N.A. Not Available. The Scheme, formerly a large cap fund, has undergone change in Fundamental attributes w.e.f. May 23, 2018 and become a Large and Mid-cap Fund. Accordingly, the Scheme’s benchmark has also changed. Hence, the past performance of the Scheme may not strictly be comparable with that of the new benchmark. As S&P BSe SeNSex TRI data is not available since inception of the scheme, additional benchmark performance is calculated using composite CAGR of S&P BSE SENSEx PRI values from February 18, 1994 to August 18, 1996 and TRI values since August 19, 1996. $$ All dividends declared prior to the splitting of the Scheme into Dividend & Growth Options are assumed to be reinvested in the units of the Scheme at the then prevailing NAV (ex-dividend NAV). For performance of other schemes managed by Vinay Kulkarni, please refer page 54. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 61.
Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of April 30, 2020 unless otherwise specified.
This product is suitable for investors who are seeking ~
l to generate long-term capital appreciation/income
l investment predominantly in Large Cap and Mid Cap companies
Riskometer
Investors understand that their principal will be at moderately high risk
~ Investors should consult their financial advisers, if in doubt about whether the product is suitable for them.
^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
(An open ended equity scheme investing in both large cap and mid cap stocks)HDFC Growth Opportunities Fund
Company Industry+ % to NAV
EqUITY & EqUITY RElATED• ICICI Bank Ltd. Banks 7.83• Infosys Ltd. Software 6.61• NTPC Ltd. Power 6.40• Reliance Industries Ltd. Petroleum Products 6.34• State Bank of India Banks 5.77• Bharat Petroleum
Corporation Ltd. Petroleum Products 4.45• Tata Consumer Products Ltd. Consumer Non Durables 4.23• HDFC Bank Ltd. Banks 4.08• ITC Ltd. Consumer Non Durables 3.78• Trent Ltd. Retailing 2.79Max Financial Services Ltd. Finance 2.27GAIL (India) Ltd. Gas 2.22Gujarat State Petronet Ltd. Gas 2.18Tata Steel Ltd. Ferrous Metals 2.07emami Ltd. Consumer Non Durables 2.04Indian Hotels Company Ltd. Hotels/Resorts & Other
Recreational Activities 1.90NHPC Ltd. Power 1.72Mahanagar Gas Ltd. Gas 1.68Larsen and Toubro Ltd. Construction Project 1.67Prestige estates Projects Ltd. Construction 1.52CeSC Ltd. Power 1.50LIC Housing Finance Ltd. Finance 1.40Mindtree Consulting Ltd. Software 1.39Castrol India Ltd. Petroleum Products 1.33Hindustan Petroleum Corporation Ltd. Petroleum Products 1.29Bharat electronics Ltd. Industrial Capital Goods 1.25Lupin Ltd. Pharmaceuticals 1.22Shriram Transport Finance Company Ltd. Finance 1.22Apollo Tyres Ltd. Auto Ancillaries 1.21Sun Pharmaceutical Industries Ltd. Pharmaceuticals 1.21exide Industries Ltd. Auto Ancillaries 1.09Ambuja Cements Ltd. Cement 1.07Solar Industries India Ltd. Chemicals 1.04Glenmark Pharmaceuticals Ltd. Pharmaceuticals 0.91Power Finance Corporation Ltd. Finance 0.83Tata Chemicals Ltd. Chemicals 0.83Vedanta Ltd. Non - Ferrous Metals 0.81Tata Motors Ltd. DVR Auto 0.80
Company Industry+ % to NAV
Power Grid Corporation of India Ltd. Power 0.70Bharat Heavy electricals Ltd. Industrial Capital Goods 0.60Canara Bank Banks 0.44Hexaware Technologies Ltd. Software 0.40Dilip Buildcon Ltd. Construction Project 0.37Titagarh Wagons Ltd. Industrial Capital Goods 0.36NLC India Ltd. Power 0.30NBCC (India) Ltd. Construction 0.22Oil India Ltd. Oil 0.20Union Bank of India Banks 0.17Aurobindo Pharma Ltd. Pharmaceuticals 0.16SBI Cards and Payment Services Ltd. Finance 0.12Indian Bank Banks 0.10Reliance Power Ltd. Power 0.08Sub Total 96.17Cash, Cash equivalents and Net Current Assets 3.83Grand Total 100.00• Top Ten Holdings
PORTFOLIO
Industry Allocation of Equity Holding (% of Net Assets)
Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using xIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
April 2020 13
CATEgORY OF SCHEME: FOCUSED FUND
KEY FACTS
INVESTMENT OBjECTIVETo generate long term capital appreciation/income by investing in equity & equity related instruments of up to 30 companies.
There is no assurance that the investment objective of the Scheme will be realized.
FUND MANAgER ¥
Vinay Kulkarni (since November 21, 2006)
Total Experience: Over 29 years
INCEPTION DATE (Date of Allotment)September 17, 2004
NAV (AS ON APRIL 30, 2020) NAV PER UNIT (`)Regular Plan - Growth Option 60.286Regular Plan - Dividend Option 11.216Direct Plan - Growth Option 64.200Direct Plan - Dividend Option 12.559
ASSETS UNDER MANAgEMENT (`) IN CROREAs on April 30, 2020 413.57Average for Month of April 2020 381.26
qUANTITATIVE DATAPortfolio Turnover Ratio (Last 1 year) 32.27%
Risk Ration Standard Deviation 6.276%n Beta 0.978n Sharpe Ratio* -0.118
Computed for the 3-yr period ended April 30, 2020. Based on month-end NAV. * Risk free rate: 4.41%(Source: FIMMDA MIBOR)
TOTAL ExPENSE RATIO (As on April 30, 2020)Including Additional expenses and Goods and Service Tax on Management FeesRegular: 2.64% Direct: 1.49%
Assuming ̀ 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using xIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year -22.37 -15.93 -12.51 7,763 8,407 8,749
Apr 28, 17 Last 3 Years -6.67 0.42 5.35 8,126 10,126 11,697
Apr 30, 15 Last 5 Years 0.93 4.76 5.93 10,475 12,622 13,341
Returns greater than 1 year period are compounded annualized (CAGR). Performance of dividend option under the schemes for the investors would be net of Dividend Distribution Tax as applicable. For performance of other schemes managed by Vinay Kulkarni, please refer page 54. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 61.
Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of April 30, 2020 unless otherwise specified.
This product is suitable for investors who are seeking ~
l to generate long-term capital appreciation / income
l investments in equity & equity related instruments of up to 30 companies
Riskometer
Investors understand that their principal will be at moderately high risk
~ Investors should consult their financial advisers, if in doubt about whether the product is suitable for them.
^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
[An open ended equity scheme investing in maximum 30 stocks in large-cap, mid-cap and small-cap category (i.e. Multi-Cap)]HDFC Focused 30 Fund
Bharat electronics Ltd. Industrial Capital Goods 2.33
CeSC Ltd. Power 2.22
Avenue Supermarts Ltd. Retailing 2.12
Vedanta Ltd. Non - Ferrous Metals 2.10
Lupin Ltd. Pharmaceuticals 2.02
GAIL (India) Ltd. Gas 1.85
Tata Steel Ltd. Ferrous Metals 1.80
Coal India Ltd. Minerals/Mining 1.77
Kalpataru Power Transmission Ltd. Power 1.77
Ambuja Cements Ltd. Cement 1.76
Colgate-Palmolive (I) Ltd. Consumer Non Durables 1.76
Gujarat Pipavav Port Ltd. Transportation 1.56
Company Industry+ / Rating % to NAV
SBI Cards and Payment Services Ltd. Finance 1.49
Titagarh Wagons Ltd. Industrial Capital Goods 1.49
elecon engineering Comapny Ltd. Industrial Capital Goods 1.24
Sub Total 95.19
Cash, Cash equivalents and Net Current Assets 4.81
Grand Total 100.00
• Top Ten Holdings
PORTFOLIO
Industry Allocation of Equity Holding (% of Net Assets)
1.49
1.56
1.76
1.77
1.80
1.85
2.02
2.10
2.12
2.36
5.06
5.07
5.53
7.18
12.85
17.90
22.77
0 5 10 15 20 25
Finance
Transportation
Cement
Minerals/Mining
Ferrous Metals
Gas
Pharmaceuticals
Non - Ferrous Metals
Retailing
Aerospace & Defence
Industrial Capital Goods
Software
Construction Project
Consumer Non Durables
Power
Petroleum Products
Banks
14 April 2020
CATEgORY OF SCHEME: THEMATIC FUND
KEY FACTS
INVESTMENT OBjECTIVETo seek long-term capital appreciation/income by investing predominantly in equity and equity related securities of companies engaged in or expected to benefit from the growth and development of infrastructure.There is no assurance that the investment objective of the Scheme will be realized.
FUND MANAgER ¥
Rakesh Vyas (since June 01, 2019*)
Total Experience: Over 15 years *The scheme was co-managed by Rakesh Vyas and Prashant Jain from June 01, 2019 till January 23, 2020
INCEPTION DATE (Date of Allotment)March 10, 2008
NAV (AS ON APRIL 30, 2020) NAV PER UNIT (`)Regular Plan - Growth Option 10.297Regular Plan - Dividend Option 6.147Direct Plan - Growth Option 10.925Direct Plan - Dividend Option 8.383
ASSETS UNDER MANAgEMENT (`) IN CROREAs on April 30, 2020 417.24Average for Month of April 2020 388.81
qUANTITATIVE DATAPortfolio Turnover Ratio (Last 1 year) 10.37%Risk Ration Standard Deviation 8.788%n Beta 1.341n Sharpe Ratio* -0.190Computed for the 3-yr period ended April 30, 2020. Based on month-end NAV. * Risk free rate: 4.41%(Source: FIMMDA MIBOR)
TOTAL ExPENSE RATIO (As on April 30, 2020)Including Additional expenses and Goods and Service Tax on Management FeesRegular: 2.58% Direct: 1.78%
EXIT lOADl In respect of each purchase / switch-in of Units, an exit Load
of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment.
l No exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment.
For further details, please refer to para ‘Exit Load’ on Pg 54.
PLANS & OPTIONSRegular Plan, Direct Plan. Under each Plan : Growth & Dividend. The Dividend Option offers Dividend Payout and Reinvestment facility.
MINIMUM APPlICATION AMOUNTPurchase : ` 5,000 and any amount thereafter.Additional Purchase : ` 1,000 and any amount thereafter.
¥ Dedicated Fund Manager for Overseas Investments: Mr. Chirag Dagli (since July 22, 2019) (Total Experience: Over 18 years).
SIP PERFORMANCE ^ - Regular plan - growth Option
Since Inception SIP
10 year SIP
5 year SIP
3 year SIP
1 year SIP
Total Amount Invested (` ‘000) 1,460.00 1,200.00 600.00 360.00 120.00 Mkt Value As on April 30, 2020 (` ‘000) 1,289.50 948.18 378.75 221.70 85.71 Returns (%) -2.05 -4.75 -17.89 -29.10 -48.35 Benchmark Returns (%) # 8.21 7.03 0.84 -7.02 -21.81 Additional Benchmark Returns (%) ## 8.22 7.17 2.55 -4.17 -20.89
Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using xIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year -37.71 -15.93 -14.88 6,229 8,407 8,512Apr 28, 17 Last 3 Years -18.63 0.42 3.33 5,378 10,126 11,034Apr 30, 15 Last 5 Years -8.75 4.76 5.16 6,323 12,622 12,863Mar 10, 08 Since Inception 0.24 7.30 7.39 10,297 23,542 23,766
Returns greater than 1 year period are compounded annualized (CAGR). Performance of dividend option under the schemes for the investors would be net of Dividend Distribution Tax as applicable. For performance of other schemes managed by Rakesh Vyas, please refer page 54. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 69.
Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of April 30, 2020 unless otherwise specified.
This product is suitable for investors who are seeking ~
l to generate long-term capital appreciation / income
l investment predominantly in equity and equity related securities of companies engaged in or expected to benefit from the growth and development of infrastructure
Riskometer
Investors understand that their principal will be at high risk
~ Investors should consult their financial advisers, if in doubt about whether the product is suitable for them. ^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
(An open ended equity scheme following infrastructure theme)HDFC Infrastructure Fund
Company Industry+ % to NAV
EqUITY & EqUITY RElATED
• Larsen and Toubro Ltd. Construction Project 9.11
• ICICI Bank Ltd. Banks 8.93
• CESC Ltd. Power 8.72
• State Bank of India Banks 7.68
• Coal India Ltd. Minerals/Mining 7.35
• NTPC Ltd. Power 6.64
• REC Ltd. Finance 3.48
• Power Finance Corporation Ltd. Finance 3.35
• Centum Electronics Ltd. Industrial Capital Goods 3.30
CG Power and Industrial Solutions Ltd. Industrial Capital Goods 0.44
Sadbhav Infrastructure Project Ltd. (Corporate Guarantee of Sadbhav engineering Ltd.) Construction Project 0.43
Company Industry+ % to NAV
Simplex Infrastructures Ltd. Construction 0.35
Punjab National Bank Banks 0.30
IRB Infrastructure Developers Ltd. Construction 0.08
Union Bank of India Banks 0.03
Sub Total 97.79
Cash, Cash equivalents and Net Current Assets 2.21
Grand Total 100.00
• Top Ten Holdings
PORTFOLIO
Industry Allocation of Equity Holding (% of Net Assets)
1.52
1.59
1.65
2.07
2.74
3.24
7.00
7.35
9.18
9.68
15.36
16.16
20.25
0 5 10 15 20 25
Chemicals
Auto Ancillaries
Non - Ferrous Metals
Ferrous Metals
Petroleum Products
Transportation
Construction
Minerals/Mining
Industrial Capital Goods
Finance
Power
Construction Project
Banks
April 2020 15
Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of April 30, 2020 unless otherwise specified. ....Contd on next page
Note: ¤ Effective close of business hours of June 1, 2018, HDFC Prudence Fund merged with HDFC Growth Fund (HDFC Balanced Advantage Fund after changes in fundamental attributes). As the portfolio characteristics and the broad investment strategy of HDFC Balanced Advantage Fund is similar to that of erstwhile HDFC Prudence Fund, the track record (i.e. since inception date, dividend history, etc.) and past performance of erstwhile HDFC Prudence Fund has been considered, in line with SEBI circular on Performance disclosure post consolidation/ merger of scheme dated April 12, 2018.
(An open ended balanced advantage fund)HDFC Balanced Advantage Fund ¤
Company Industry+ / Rating % to NAV
EqUITY & EqUITY RElATED
• ICICI Bank Ltd. Banks 8.51
• State Bank of India Banks 7.72
• Larsen and Toubro Ltd. Construction Project 6.18
Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using xIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
PERFORMANCE ^ - Regular plan - growth OptionDate Period Scheme
Returns (%) $$
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) $$
Benchmark (`)#
Additional Benchmark
(`)##Apr 30, 19 Last 1 Year -17.20 -4.48 -14.88 8,280 9,552 8,512Apr 28, 17 Last 3 Years -1.85 5.67 3.33 9,453 11,806 11,034Apr 30, 15 Last 5 Years 3.71 6.79 5.16 11,999 13,896 12,863Feb 01, 94 Since Inception 16.95 N.A. 9.43 609,956 N.A. 106,715
Returns greater than 1 year period are compounded annualized (CAGR). Performance of dividend option under the schemes for the investors would be net of Dividend Distribution Tax as applicable. N.A. Not Available. Scheme performance may not strictly be comparable with that of its Additional Benchmark in view of balanced nature of the scheme where a portion of scheme’s investments are made in debt instruments. $$ All dividends declared prior to the splitting of the Scheme into Dividend & Growth Options are assumed to be reinvested in the units of the Scheme at the then prevailing NAV (ex-dividend NAV). For performance of other schemes managed by Prashant Jain, please refer page 54. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. As NIFTY 50 TRI data is not available since inception of the scheme, additional benchmark performance is calculated using composite CAGR of NIFTY 50 PRI values from February 1, 1994 to June 29, 1999 and TRI values since June 30, 1999 For Performance of Direct Plan, refer page no. 61. For FPI Portfolio, refer page no. 70.
^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
Portfolio Classification By Asset Class (%)
n equity 82.71
n Credit exposure 13.89
n Mutual Fund Units 0.03
n Cash, Cash equivalents and Net Current Assets 3.37
Portfolio Classification By Rating Class (%)
n equity 82.71n AAA/AAA(SO)/A1+/A1+(SO) &
equivalent 0.14n AA+ 8.12n AA/AA- 2.77n A+ & Below 2.86n Mutual Fund Units 0.03n Cash, Cash equivalents and Net
Current Assets 3.37
(An open ended balanced advantage fund)HDFC Balanced Advantage Fund ¤ .....Contd from previous page
Industry Allocation of Equity Holding (% of Net Assets)
Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of April 30, 2020 unless otherwise specified.
Note: ¤ Effective close of business hours of June 1, 2018, HDFC Balanced Fund merged with HDFC Premier Multi Cap Fund (HDFC Hybrid Equity Fund after changes in fundamental attributes). As the portfolio characteristics and the broad investment strategy of HDFC Hybrid Equity Fund is similar to that of erstwhile HDFC Balanced Fund, the track record (i.e. since inception date dividend history, etc) and past performance of erstwhile HDFC Balanced Fund has been considered, in line with SEBI circular on Performance disclosure post consolidation/ merger of scheme dated April 12, 2018.
Company Industry+ / Rating % to NAV
EqUITY & EqUITY RElATED
• HDFC Bank Ltd. Banks 9.23
• ICICI Bank Ltd. Banks 6.45
• Infosys Ltd. Software 6.20
• Housing Development Finance Corporation Ltd.£ Finance 5.76
Sadbhav engineering Ltd. Construction Project 0.15
Persistent Systems Ltd. Software 0.14
Jagran Prakashan Ltd. Media & entertainment 0.13
Navneet education Ltd. Media & entertainment 0.13
Zensar Technologies Ltd. Software 0.13
Greenply Industries Ltd. Consumer Durables 0.11
IFB Industries Ltd. Consumer Durables 0.07
MM Forgings Ltd. Industrial Products 0.07
Atul Auto Ltd. Auto 0.06
Arti Surfactants Ltd. Chemicals 0.05
Indian Bank Banks 0.05
Insecticides (India) Ltd. Pesticides 0.04
Greenpanel Industries Ltd. Consumer Durables @
Sub Total 68.89
DEBT & DEBT RElATED
gOVERNMENT SECURITIES (CENTRAl/STATE)
7.16 GOI 2023 Sovereign 1.83
6.84 GOI 2022 Sovereign 1.20
8.2 GOI 2025 Sovereign 1.19
7.35 GOI 2024 Sovereign 0.98
8.24 GOI 2033 Sovereign 0.66
8.4 GOI 2024 Sovereign 0.34
8.6 GOI 2028 Sovereign 0.28
8.13 GOI 2045 Sovereign 0.14
8.2 GOI 2022 Sovereign 0.02
8.83 GOI 2023 Sovereign 0.02
SUB TOTAL 6.66
(An open ended hybrid scheme investing predominantly in equity and equity related instruments)HDFC Hybrid Equity Fund ¤
PORTFOLIO
KEY FACTS
INVESTMENT OBjECTIVE
The investment objective of the Scheme is to generate capital appreciation / income from a portfolio, predominantly of equity & equity related instruments. The Scheme will also invest in debt and money market instruments.
There is no assurance that the investment objective of the Scheme will be realized.
FUND MANAgER ¥
Chirag Setalvad (since April 2, 2007) ¤
Total Experience: Over 21 years
INCEPTION DATE ¤September 11, 2000
NAV (AS ON APRIL 30, 2020) NAV PER UNIT (`)
Regular Plan - Growth Option 46.980Regular Plan - Dividend Option 9.439Direct Plan - Growth Option 49.257Direct Plan - Dividend Option 10.127
ASSETS UNDER MANAgEMENT (`) IN CRORE
As on April 30, 2020 16,333.07Average for Month of April 2020 15,322.99
Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using xIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year -12.68 -4.48 -14.88 8,732 9,552 8,512Apr 28, 17 Last 3 Years 0.09 5.67 3.33 10,027 11,806 11,034Apr 30, 15 Last 5 Years 4.95 6.79 5.16 12,735 13,896 12,863Sep 11, 00 Since Inception 14.15 N.A. 11.77 134,536 N.A. 88,979
Returns greater than 1 year period are compounded annualized (CAGR). Performance of dividend option under the schemes for the investors would be net of Dividend Distribution Tax as applicable. N.A. Not Available. Scheme performance may not strictly be comparable with that of its Additional Benchmark in view of hybrid nature of the scheme where a portion of scheme’s investments are made in debt instruments. For performance of other schemes managed by Chirag Setalvad, please refer page 54. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 61.
^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of April 30, 2020 unless otherwise specified.
PORTFOLIO
This product is suitable for investors who are seeking ~
l to generate long-term capital appreciation / income.
l investments predominantly in equity & equity related instruments. The Scheme will also invest in debt and money market instruments.
Riskometer
Investors understand that their principal will be at moderately high risk
~ Investors should consult their financial advisers, if in doubt about whether the product is suitable for them.
PORTFOlIO ClASSIFICATION BY ASSET ClASS (%)
equity 68.89
G-Sec 6.66
Credit exposure 21.27
Mutual Fund Units 0.81Cash, Cash equivalents and Net Current Assets 2.37
PORTFOlIO ClASSIFICATION BY RATINg ClASS (%)
n equity 68.89n Sovereign 6.66n AAA/AAA(SO)/A1+/A1+(SO) &
equivalent 12.82n AA+ 3.13n AA/AA- 3.76n A+ & Below 1.56n Mutual Fund Units 0.81n Cash, Cash equivalents and Net
Current Assets 2.37
(An open ended hybrid scheme investing predominantly in equity and equity related instruments)HDFC Hybrid Equity Fund ¤ .....Contd from previous page
Industry Allocation of Equity Holding (% of Net Assets)
Ferrous MetalsHotels, Resorts & Other Recreational Activities
Industrial Capital GoodsPesticides
Industrial ProductsPower
Telecom - ServicesConsumer Non Durables
PharmaceuticalsConstruction Project
ChemicalsPetroleum Products
FinanceSoftware
Banks
April 2020 19
SIP PERFORMANCE ^ - Regular plan - growth Option
Since Inception SIP
10 year SIP
5 Year SIP
3 Year SIP
1 Year SIP
Total Amount Invested (` ‘000) 1,770.00 1,200.00 600.00 360.00 120.00 Mkt Value As on April 30, 2020 (` ‘000) 3,103.98 1,619.05 632.47 354.16 115.16 Returns (%) 7.23 5.84 2.08 -1.06 -7.43 Benchmark Returns (%) # N.A. N.A. 6.74 4.07 -3.65 Additional Benchmark Returns (%) ## 8.62 7.17 2.55 -4.17 -20.89
Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using xIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year -4.76 0.02 -14.88 9,524 10,002 8,512Apr 28, 17 Last 3 Years 1.50 6.95 3.33 10,458 12,241 11,034Apr 30, 15 Last 5 Years 4.41 7.41 5.16 12,414 14,302 12,863Aug 17, 05 Since Inception 7.90 N.A. 11.44 30,601 N.A. 49,188
Returns greater than 1 year period are compounded annualized (CAGR). Performance of dividend option under the schemes for the investors would be net of Dividend Distribution Tax as applicable. N.A. Not Available. The Scheme formerly, a debt oriented hybrid fund, has undergone change in Fundamental attributes w.e.f. May 23, 2018 and become a multi asset fund investing in equities, debt and gold. Accordingly, the Scheme’s benchmark has also changed. Hence, the performance of the Scheme from inception till May 22, 2018 may not strictly be comparable with those of the new benchmark and the additional benchmark. Scheme performance may not strictly be comparable with that of its Additional Benchmark in view of hybrid nature of the scheme where a portion of scheme’s investments are made in debt instruments and gold. For performance of other schemes managed by Chirag Setalvad (equities), Anil Bamboli (Debt) and Krishan Kumar Daga (Gold), please refer page 54. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 69.
Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of April 30, 2020 unless otherwise specified.
This product is suitable for investors who are seeking ~
l to generate long-term capital appreciation/incomel investments in a diversified portfolio of equity & equity
related instruments, debt & money market instruments and Gold
Riskometer
Investors understand that their principal will be at moderately high risk
~ Investors should consult their financial advisers, if in doubt about whether the product is suitable for them.
^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
(An open ended scheme investing in equity and equity related instruments, debt & money market instruments and gold)HDFC Multi-Asset Fund
Industry Allocation of Equity Holding (% of Net Assets)
INVESTMENT OBjECTIVEThe objective of the Scheme is to generate long term capital appreciation/income by investing in a diversified portfolio of equity & equity related instruments, debt & money market instruments and Gold.There is no assurance that the investment objective of the Scheme will be realized.
FUND MANAgER ¥
Chirag Setalvad (equities) (since April 2, 2007)
Total Experience - Over 21 years &Anil Bamboli (Debt) (since August 17, 2005)
Total Experience: Over 23 yearsKrishan Kumar Daga (Gold) (since May 23, 2018)
Total Experience: Over 22 years
INCEPTION DATE (Date of Allotment)August 17, 2005
NAV (AS ON APRIL 30, 2020) NAV PER UNIT (`)Regular Plan - Growth Option 30.601Regular Plan - Dividend Option 10.910Direct Plan - Growth Option 32.002Direct Plan - Dividend Option 11.979
ASSETS UNDER MANAgEMENT (`) IN CROREAs on April 30, 2020 220.28Average for Month of April 2020 207.12
qUANTITATIVE DATAPortfolio Turnover Ratio 17.77%
TOTAL ExPENSE RATIO (As on April 30, 2020)Including Additional expenses and Goods and Service Tax on Management FeesRegular: 2.63% Direct: 1.87%
Jagran Prakashan Ltd. Media & entertainment 0.21 0.00
Apar Industries Ltd. Industrial Capital Goods 0.20 0.00
Vedanta Ltd. Non - Ferrous Metals 0.11 0.00
Arti Surfactants Ltd. Chemicals 0.03 0.00
Sub Total 70.15
DEBT & DEBT RElATED
CREDIT EXPOSURE
• Vedanta Ltd. CRISIL - AA 4.29
Power Finance Corporation Ltd. CRISIL - AAA 2.41
TATA International Ltd. CARe - A 2.26
Union Bank of India CARe - AA- 2.16
Sub Total 11.12
MUTUAl FUND UNITS
• HDFC Gold Exchange Traded Fund 17.12
Sub Total 17.12
OTHERS
Cash, Cash equivalents and Net Current Assets 1.61
Sub Total 1.61
Grand Total 100.00
• Top Ten Holdings, £ Co-sponsor
Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of April 30, 2020 unless otherwise specified.
(An open ended scheme investing in equity and equity related instruments, debt & money market instruments and gold)HDFC Multi-Asset Fund .....Contd from previous page
PORTFOLIO
April 2020 21
CATEgORY OF SCHEME: ExCHANGE TRADED FUND
KEY FACTSINVESTMENT OBjECTIVEThe investment objective of HDFC NIFTY 50 ETF is to generate returns that are commensurate with the performance of the NIFTY 50 Index, subject to tracking error.There is no assurance that the investment objective of the Scheme will be realized.
FUND MANAgERKrishan Kumar Daga (since December 09, 2015)
Total Experience: Over 22 years
INCEPTION DATE (Date of Allotment)December 09, 2015
NAV (AS ON APRIL 30, 2020) NAV PER UNIT (`)Growth Option 1,035.66
ASSETS UNDER MANAgEMENT j (`) IN CROREAs on April 30, 2020 393.53Average for Month of April 2020 354.04
qUANTITATIVE DATAPortfolio Turnover Ratio (Last 1 year) 5.33%
TRACKINg ERRORAnnualised tracking error is calculated based on daily rolling returns for the last 12 months: 0.19%
TOTAL ExPENSE RATIO (As on April 30, 2020)Including Additional expenses and Goods and Service Tax on Management FeesHDFC NIFTY 50 ETF 0.05%
EXIT lOADFor Creation Unit Size:l No exit load will be levied on redemptions made by
Authorised Participants / Large Investors directly with the Fund in Creation Unit Size.
For other than Creation Unit Size:l N.A. The Units of HNETF in other than Creation Unit Size cannot
be directly redeemed with the Fund. These Units can be redeemed (sold) on a continuous basis on
the NSe and BSe during the trading hours on all trading days. Refer SID for further details.For further details, please refer to para ‘Exit Load’ on Pg 54.
PLANS & OPTIONSHDFC NIFTY 50 ETF. Presently the Scheme does not offer any Plans / Options for investmentMINIMUM APPlICATION AMOUNT (Under each Plan / Option)Authorised Participants / large Investors: Application for subscription of HNETF Units in Creation Unit Size can be made either: (i) in exchange of the Portfolio Deposit; or (ii) by depositing basket of securities comprising NIFTY 50 Index Each Creation Unit Size will consist of 4,000 Units of HNETF and 1 Unit of HNETF will be approximately equal to 1/10th of the value of NIFTY 50 Index. Other investors (including Authorised Participants and large Investors): Units of HNETF can be subscribed (in lots of 1 Unit) during the trading hours on all trading days on the NSe and BSe on which the Units will be listed.
Face Value per Unit: ` 761.25, + Industry Classification as recommended by AMFI, Data is as of April 30, 2020 unless otherwise specified.
PERFORMANCE *^
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year -15.14 -14.88 -12.51 8,486 8,512 8,749
Apr 28, 17 Last 3 Years 3.17 3.33 5.35 10,985 11,034 11,697
Dec 09, 15 Since Inception 7.26 7.43 8.34 13,605 13,704 14,219
Returns greater than 1 year period are compounded annualized (CAGR). * The Scheme does not offer any Plans/Options. The Scheme is in existence for more than 1 year but less than 5 years. For performance of other schemes managed by Krishan Kumar Daga, please refer page 54.
This product is suitable for investors who are seeking ~
l returns that are commensurate with the performance of the NIFTY 50, subject to tracking errors over long term
l investment in equity securities covered by the NIFTY 50
Riskometer
Investors understand that their principal will be at moderately high risk
~ Investors should consult their financial advisers, if in doubt about whether the product is suitable for them. ^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
j Includes investments made by the schemes of HDFC Mutual Fund aggregating to Rs. 131.76 Crores
Zee entertainment enterprises Ltd. Media & entertainment 0.35Yes Bank Ltd. Banks @Sub Total 100.06Cash, Cash equivalents and Net Current Assets -0.06Grand Total 100.00• Top Ten Holdings, £ Co-sponsor, @ Less than 0.01%
KEY FACTS
INVESTMENT OBjECTIVE
The investment objective of the Scheme is to generate returns that are commensurate with the performance of the NIFTY 50 Index, subject to tracking errors.
There is no assurance that the investment objective of the Scheme will be realized.
FUND MANAgER
Krishan Kumar Daga (since October 19, 2015)
Total Experience: Over 22 years
INCEPTION DATE (Date of Allotment)
July 17, 2002
NAV (AS ON APRIL 30, 2020) NAV PER UNIT (`)
Regular Plan - Growth Option 89.8831Direct Plan - Growth Option 91.0186
ASSETS UNDER MANAgEMENT (`) IN CRORE
As on April 30, 2020 1,460.53Average for Month of April 2020 1,298.46
qUANTITATIVE DATA
Portfolio Turnover Ratio (Last 1 year) 14.30%
TRACKINg ERROR
Annualised tracking error is calculated based on daily rolling returns for the last 12 months: 0.31%
TOTAL ExPENSE RATIO (As on April 30, 2020)Including Additional expenses and Goods and Service Tax on Management Fees
l In respect of each purchase / switch-in of Units, an exit Load of 0.25% is payable if Units are redeemed / switched-out within 3 days from the date of allotment.
l No exit load is payable if units are redeemed / switched out after 3 days from the date of allotment.
For further details, please refer to para ‘Exit Load’ on Pg 54.
PLANS & OPTIONS
Regular Plan, Direct Plan. Each Plan offers Growth Option only.
MINIMUM APPlICATION AMOUNT
Purchase : ` 5,000 and any amount thereafter.Additional Purchase : ` 1,000 and any amount thereafter.
Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using xIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year -15.59 -14.88 -12.51 8,441 8,512 8,749Apr 28, 17 Last 3 Years 2.77 3.33 5.35 10,855 11,034 11,697Apr 30, 15 Last 5 Years 4.62 5.16 5.93 12,535 12,863 13,341Jul 17, 02 Since Inception 12.93 15.12 15.86 87,045 122,610 137,414
Returns greater than 1 year period are compounded annualized (CAGR). Since inception returns are calculated on ` 10.3260 (allotment price). For performance of other schemes managed by Krishan Kumar Daga, please refer page 54. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 63.
Face Value per Unit: ` 10.3260, + Industry Classification as recommended by AMFI, Data is as of April 30, 2020 unless otherwise specified.
This product is suitable for investors who are seeking ~
l returns that are commensurate with the performance of the NIFTY 50, subject to tracking errors over long term
l investment in equity securities covered by the NIFTY 50
Riskometer
Investors understand that their principal will be at moderately high risk
~ Investors should consult their financial advisers, if in doubt about whether the product is suitable for them. ^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
(An open ended scheme replicating / tracking NIFTY 50 index)HDFC Index Fund - NIFTY 50 Plan
PORTFOLIO
Industry Allocation of Equity Holding (% of Net Assets)
INVESTMENT OBjECTIVEThe investment objective of HDFC SENSEx ETF is to generate returns that are commensurate with the performance of the S&P BSe SeNSex Index, subject to tracking errors.There is no assurance that the investment objective of the Scheme will be realized.
FUND MANAgERKrishan Kumar Daga (since December 09, 2015)
Total Experience: Over 22 years
INCEPTION DATE (Date of Allotment)December 09, 2015
NAV (AS ON APRIL 30, 2020) NAV PER UNIT (`)Growth Option 3,559.31
ASSETS UNDER MANAgEMENT j (`) IN CROREAs on April 30, 2020 89.29Average for Month of April 2020 80.64
qUANTITATIVE DATAPortfolio Turnover Ratio (Last 1 year) 109.74%
TRACKINg ERRORAnnualised tracking error is calculated based on daily rolling returns for the last 12 months: 0.09%
TOTAL ExPENSE RATIO (As on April 30, 2020)Including Additional expenses and Goods and Service Tax on Management FeesHDFC SeNSex ETF 0.05%
EXIT lOADFor Creation Unit Size:l No exit load will be levied on redemptions made by
Authorised Participants / Large Investors directly with the Fund in Creation Unit Size.
For other than Creation Unit Size:l N.A. The Units of HSxETF in other than Creation Unit Size cannot
be directly redeemed with the Fund. These Units can be redeemed (sold) on a continuous basis on
the NSe and BSe during the trading hours on all trading days. Refer SID for further details.For further details, please refer to para ‘Exit Load’ on Pg 54.
PLANS & OPTIONSHDFC SENSEx ETF. Presently the Scheme does not offer any Plans / Options for investment
MINIMUM APPlICATION AMOUNT (Under each Plan / Option)Authorised Participants / large Investors: Application for subscription of HSxETF Units in Creation Unit Size can be made either: (i) in exchange of the Portfolio Deposit; or (ii) by depositing basket of securities comprising S&P BSe
SeNSex IndexEach Creation Unit Size will consist of 1,000 Units of HSxETF and 1 Unit of HSxETF will be approximately equal to 1/10th of the value of S&P BSe SeNSex Index. Other investors (including Authorised Participants and large Investors): Units of HSxETF can be subscribed (in lots of 1 Unit) during the trading hours on all trading days on the NSe and BSe on which the Units will be listed.
Face Value per Unit: ` 2,503.61, + Industry Classification as recommended by AMFI, Data is as of April 30, 2020 unless otherwise specified.
PERFORMANCE *^
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year -12.55 -12.51 -14.88 8,745 8,749 8,512
Apr 28, 17 Last 3 Years 5.31 5.35 3.33 11,684 11,697 11,034
Dec 09, 15 Since Inception 8.34 8.34 7.43 14,217 14,219 13,704
Returns greater than 1 year period are compounded annualized (CAGR). * The Scheme does not offer any Plans/Options. The Scheme is in existence for more than 1 year but less than 5 years. For performance of other schemes managed by Krishan Kumar Daga, please refer page 54.
This product is suitable for investors who are seeking ~
l returns that are commensurate with the performance of the S&P BSe SeNSex, subject to tracking errors over long term
l investment in equity securities covered by the S&P BSe SeNSex
Riskometer
Investors understand that their principal will be at moderately high risk
~ Investors should consult their financial advisers, if in doubt about whether the product is suitable for them. ^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
j Includes investments made by the schemes of HDFC Mutual Fund aggregating to Rs. 26.73 Crores
• Housing Development Finance Corporation Ltd.£ Finance 9.28
• Infosys Ltd. Software 7.54
• ICICI Bank Ltd. Banks 6.87
• Tata Consultancy Services Ltd. Software 5.97
• Kotak Mahindra Bank Ltd. Banks 4.51
• Hindustan Unilever Ltd. Consumer Non Durables 4.42
• ITC Ltd. Consumer Non Durables 4.38
• Larsen and Toubro Ltd. Construction Project 3.08
Bharti Airtel Ltd. Telecom - Services 2.93
Axis Bank Ltd. Banks 2.86
Asian Paints Ltd. Consumer Non Durables 2.24
Maruti Suzuki India Ltd. Auto 2.01
State Bank of India Banks 2.01
Nestle India Ltd. Consumer Non Durables 1.81
HCL Technologies Ltd. Software 1.66
Bajaj Finance Ltd. Finance 1.62
Sun Pharmaceutical Industries Ltd. Pharmaceuticals 1.41
NTPC Ltd. Power 1.14
Titan Company Ltd. Consumer Durables 1.14
UltraTech Cement Ltd. Cement 1.12
Power Grid Corporation of India Ltd. Power 1.08
Mahindra & Mahindra Ltd. Auto 0.99
Bajaj Auto Ltd. Auto 0.96
Company Industry+ % to NAV
Tech Mahindra Ltd. Software 0.95
Indusind Bank Ltd. Banks 0.80
Hero MotoCorp Ltd. Auto 0.79
Oil & Natural Gas Corporation Ltd. Oil 0.71
Tata Steel Ltd. Ferrous Metals 0.63
Sub Total 99.97
Cash, Cash equivalents and Net Current Assets 0.03
Grand Total 100.00
• Top Ten Holdings, £ Co-sponsor
PORTFOLIO
Industry Allocation of Equity Holding (% of Net Assets)
0.63
0.71
1.12
1.14
1.41
2.22
2.93
3.08
4.75
10.90
12.85
13.09
16.12
29.02
0 5 10 15 20 25 30 35
Ferrous Metals
Oil
Cement
Consumer Durables
Pharmaceuticals
Power
Telecom - Services
Construction Project
Auto
Finance
Consumer Non Durables
Petroleum Products
Software
Banks
24 April 2020
CATEgORY OF SCHEME: INDEx FUND
KEY FACTS
INVESTMENT OBjECTIVE
The investment objective of the Scheme is to generate returns that are commensurate with the performance of the S&P BSe SeNSex Index, subject to tracking errors.
There is no assurance that the investment objective of the Scheme will be realized.
FUND MANAgER
Krishan Kumar Daga (since October 19, 2015)
Total Experience: Over 22 years
INCEPTION DATE (Date of Allotment)
July 17, 2002
NAV (AS ON APRIL 30, 2020) NAV PER UNIT (`)
Regular Plan - Growth Option 299.3498Direct Plan - Growth Option 303.6986
ASSETS UNDER MANAgEMENT (`) IN CRORE
As on April 30, 2020 1,177.38Average for Month of April 2020 1,036.42
qUANTITATIVE DATA
Portfolio Turnover Ratio (Last 1 year) 13.41%
TRACKINg ERROR
Annualised tracking error is calculated based on daily rolling returns for the last 12 months: 0.19%
TOTAL ExPENSE RATIO (As on April 30, 2020)Including Additional expenses and Goods and Service Tax on Management Fees
l In respect of each purchase / switch-in of Units, an exit Load of 0.25% is payable if Units are redeemed / switched-out within 3 days from the date of allotment.
l No exit load is payable if units are redeemed / switched out after 3 days from the date of allotment.
For further details, please refer to para ‘Exit Load’ on Pg 54.
PLANS & OPTIONS
Regular Plan, Direct Plan. Each Plan offers Growth Option only.
MINIMUM APPlICATION AMOUNT
Purchase : ` 5,000 and any amount thereafter.Additional Purchase : ` 1,000 and any amount thereafter.
Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using xIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year -13.19 -12.51 -14.88 8,681 8,749 8,512Apr 28, 17 Last 3 Years 4.74 5.35 3.33 11,495 11,697 11,034Apr 30, 15 Last 5 Years 5.46 5.93 5.16 13,049 13,341 12,863Jul 17, 02 Since Inception 13.35 15.86 15.12 93,079 137,414 122,610
Returns greater than 1 year period are compounded annualized (CAGR). Since inception returns are calculated on ` 32.1610 (allotment price). For performance of other schemes managed by Krishan Kumar Daga, please refer page 54. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 63.
Face Value per Unit: ` 32.1610, + Industry Classification as recommended by AMFI, Data is as of April 30, 2020 unless otherwise specified.
This product is suitable for investors who are seeking ~
l returns that are commensurate with the performance of the S&P BSe SeNSex, subject to tracking errors over long term.
l investment in equity securities covered by the S&P BSe SeNSex.
Riskometer
Investors understand that their principal will be at moderately high risk
~ Investors should consult their financial advisers, if in doubt about whether the product is suitable for them. ^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
Note: Effective close of business hours of May 25, 2018, HDFC Index Fund - SENSEx Plan (the Scheme) underwent changes in Fundamental Attributes and HDFC Index Fund - SENSEx Plus Plan was merged therein. As the portfolio structuring of the Scheme is continued, its past performance is provided, in line with SeBI circular on Performance disclosure post consolidation/ merger of scheme dated April 12, 2018.
(An open ended scheme replicating / tracking S&P BSE SENSEX index)HDFC Index Fund - SENSEX Plan
• Housing Development Finance Corporation Ltd.£ Finance 9.31
• Infosys Ltd. Software 7.57
• ICICI Bank Ltd. Banks 6.89
• Tata Consultancy Services Ltd. Software 5.98
• Kotak Mahindra Bank Ltd. Banks 4.53
• Hindustan Unilever Ltd. Consumer Non Durables 4.43
• ITC Ltd. Consumer Non Durables 4.39
• Larsen and Toubro Ltd. Construction Project 3.09
Bharti Airtel Ltd. Telecom - Services 2.93
Axis Bank Ltd. Banks 2.87
Asian Paints Ltd. Consumer Non Durables 2.24
State Bank of India Banks 2.02
Maruti Suzuki India Ltd. Auto 2.01
Nestle India Ltd. Consumer Non Durables 1.81
HCL Technologies Ltd. Software 1.66
Bajaj Finance Ltd. Finance 1.62
Sun Pharmaceutical Industries Ltd. Pharmaceuticals 1.42
NTPC Ltd. Power 1.15
Titan Company Ltd. Consumer Durables 1.14
UltraTech Cement Ltd. Cement 1.12
Power Grid Corporation of India Ltd. Power 1.08
Mahindra & Mahindra Ltd. Auto 0.99
Bajaj Auto Ltd. Auto 0.97
Tech Mahindra Ltd. Software 0.95
Indusind Bank Ltd. Banks 0.80
Company Industry+ % to NAV
Hero MotoCorp Ltd. Auto 0.79
Oil & Natural Gas Corporation Ltd. Oil 0.71
Tata Steel Ltd. Ferrous Metals 0.64
Sub Total 100.24
Cash, Cash equivalents and Net Current Assets -0.24
Grand Total 100.00
• Top Ten Holdings, £ Co-sponsor
PORTFOLIO
Industry Allocation of Equity Holding (% of Net Assets)
0.64
0.71
1.12
1.14
1.42
2.23
2.93
3.09
4.76
10.93
12.87
13.13
16.16
29.11
0 5 10 15 20 25 30 35
Ferrous Metals
Oil
Cement
Consumer Durables
Pharmaceuticals
Power
Telecom - Services
Construction Project
Auto
Finance
Consumer Non Durables
Petroleum Products
Software
Banks
April 2020 25
CATEgORY OF SCHEME: eqUITY LINKeD SAVINGS SCHeMe
KEY FACTS
INVESTMENT OBjECTIVE
To generate capital appreciation / income from a portfolio, comprising predominantly of equity & equity related instruments.There is no assurance that the investment objective of the Scheme will be realized.
FUND MANAgER ¥
Vinay Kulkarni (since November 21, 2006)
Total Experience: Over 29 years
INCEPTION DATE (Date of Allotment)
March 31, 1996
NAV (AS ON APRIL 30, 2020) NAV PER UNIT (`)
Regular Plan - Growth Option 406.976Regular Plan - Dividend Option 36.101Direct Plan - Growth Option 425.790Direct Plan - Dividend Option 41.830
ASSETS UNDER MANAgEMENT (`) IN CRORE
As on April 30, 2020 5,844.64Average for Month of April 2020 5,372.40
qUANTITATIVE DATA
Portfolio Turnover Ratio (Last 1 year) 12.33%
Risk Ration Standard Deviation 6.170%n Beta 0.986n Sharpe Ratio* -0.105
Computed for the 3-yr period ended April 30, 2020. Based on month-end NAV. * Risk free rate: 4.41%(Source: FIMMDA MIBOR)
TOTAL ExPENSE RATIO (As on April 30, 2020)Including Additional expenses and Goods and Service Tax on Management Fees
Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using xIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
PERFORMANCE ^ - Regular plan - growth OptionDate Period Scheme
Returns (%) $$
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 investedScheme (`)
$$Benchmark
(`)#Additional
Benchmark (`)##
Apr 30, 19 Last 1 Year -22.90 -15.93 -14.88 7,710 8,407 8,512Apr 28, 17 Last 3 Years -5.57 0.42 3.33 8,416 10,126 11,034Apr 30, 15 Last 5 Years 0.93 4.76 5.16 10,474 12,622 12,863Mar 31, 96 Since Inception 21.19 12.45 11.34 1,026,630 168,994 133,210
Returns greater than 1 year period are compounded annualized (CAGR). Performance of dividend option under the schemes for the investors would be net of Dividend Distribution Tax as applicable. $$ All dividends declared prior to the splitting of the Scheme into Dividend & Growth Options are assumed to be reinvested in the units of the Scheme at the then prevailing NAV (ex-dividend NAV). For performance of other schemes managed by Vinay Kulkarni, please refer page 54. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 61. As TRI data is not available since inception of the scheme, additional benchmark performance is calculated using composite CAGR of NIFTY 50 PRI values from Mar 29, 96 (Data for March 31, 96 is not available) to Jun 29, 99 and TRI values since Jun 30, 99. As NIFTY 500 TRI data is not available for March 31, 96, benchmark performance is calculated from March 29, 96.
Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of April 30, 2020 unless otherwise specified.
This product is suitable for investors who are seeking ~
l to generate long-term capital appreciation / income
l investment predominantly of equity & equity related instruments
Riskometer
Investors understand that their principal will be at moderately high risk
~ Investors should consult their financial advisers, if in doubt about whether the product is suitable for them. ^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
(An open ended equity linked savings scheme with a statutory lock in of 3 years and tax benefit)HDFC TaxSaver
Company Industry+ % to NAVEqUITY & EqUITY RElATED• ICICI Bank Ltd. Banks 8.73• NTPC Ltd. Power 7.39• Reliance Industries Ltd. Petroleum Products 7.39• Infosys Ltd. Software 7.30• HDFC Bank Ltd. Banks 6.88• State Bank of India Banks 5.63• Bharat Petroleum
Corporation Ltd. Petroleum Products 5.56• Larsen and Toubro Ltd. Construction Project 5.00• ITC Ltd. Consumer Non Durables 4.45• Cipla Ltd. Pharmaceuticals 3.52GAIL (India) Ltd. Gas 3.50Bharti Airtel Ltd. Telecom - Services 2.41Tata Steel Ltd. Ferrous Metals 2.38Power Grid Corporation of India Ltd. Power 2.30Coal India Ltd. Minerals/Mining 2.17NHPC Ltd. Power 2.15Axis Bank Ltd. Banks 2.05Vedanta Ltd. Non - Ferrous Metals 1.84Oracle Financial Ser Software Ltd. Software 1.74Lupin Ltd. Pharmaceuticals 1.30Aurobindo Pharma Ltd. Pharmaceuticals 1.21Bharat electronics Ltd. Industrial Capital Goods 1.20Solar Industries India Ltd. Chemicals 1.11L&T Technology Services Ltd. Software 1.05Mahanagar Gas Ltd. Gas 0.96Ambuja Cements Ltd. Cement 0.94Hindustan Petroleum Corporation Ltd. Petroleum Products 0.88InterGlobe Aviation Ltd. Transportation 0.82Max Financial Services Ltd. Finance 0.79Gujarat Pipavav Port Ltd. Transportation 0.72Kalpataru Power Transmission Ltd. Power 0.59Tata Motors Ltd. DVR Auto 0.56Shriram Transport Finance Company Ltd. Finance 0.53Tata Motors Ltd. Auto 0.47BeML Ltd. Industrial Capital Goods 0.35eClerx Services Ltd. Software 0.34Glenmark Pharmaceuticals Ltd. Pharmaceuticals 0.30Power Finance Corporation Ltd. Finance 0.30Sadbhav engineering Ltd. Construction Project 0.23ITD Cementation India Ltd. Construction 0.13Hindustan Construction Company Ltd. Construction Project 0.12
Company Industry+ % to NAVPersistent Systems Ltd. Software 0.12CG Power and Industrial Solutions Ltd. Industrial Capital Goods 0.09Dynamatic Technologies Ltd. Auto Ancillaries 0.09Sadbhav Infrastructure Project Ltd. (Corporate Guarantee of Sadbhav engineering Ltd.) Construction Project 0.07Somany Home Innovation Ltd. Construction 0.06MPS Ltd. Software 0.04SBI Cards and Payment Services Ltd. Finance 0.03Siti Networks Ltd. Media & entertainment 0.01Sub Total 97.80DEBT & DEBT RElATEDCREDIT EXPOSURE Muthoot Finance Ltd. ICRA - AA 0.42Punjab National Bank IND - A 0.40Sub Total 0.82Cash, Cash equivalents and Net Current Assets 1.38Grand Total 100.00• Top Ten Holdings
PORTFOLIO
Industry Allocation of Equity Holding (% of Net Assets)
Purchase : ` 5,000 and any amount thereafter.Additional Purchase : ` 1,000 and any amount thereafter.
lOCK-IN PERIOD
Fresh investments by investors including SIP/ STP registrations, etc (effective May 23, 2018):Lock-in period will be compulsory. Lock-in period shall be earlier ofl 5 Years from the date of allotment; orl Until the Unit holder (being the beneficiary child) attains
the age of majority (i.e. completion of 18 years)
(¥) Dedicated Fund Manager for Overseas Investments:Mr. Chirag Dagli (since July 22, 2019) (Total Experience: Over 18 years).(Ω) eligibility (of Unit holder) : Children less than 18 years of age as on the date of investment by the Investor / Applicant are eligible as Unit holders in the Scheme. (π) Personal Accident Insurance Cover for Parent / Legal Guardian (upto the age of 80 years) of the Unit holder, equivalent to 10 times the cost value of the outstanding Units held by the Unit holder under all the applications / account statements / folios, subject to a maximum amount of ` 10 lakhs per Unit holder. The insurance premium in respect of the personal accident insurance cover will be borne by the AMC. This accident insurance cover is subject to conditions of the group personal accident insurance policy.
Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of April 30, 2020 unless otherwise specified.
[An open ended fund for investment for children having a lock-in for atleast 5 years or till the child attains age of majority (whichever is earlier)] ΩπHDFC Children's Gift Fund
Assuming ̀ 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using xIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. N.A. Not Available.
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%) $
Benchmark Returns
(%)#
Additional Benchmark
Returns(%) ##
Value of ` 10,000 invested
Scheme (`) $
Benchmark (`)#
Additional Benchmark(`)##
Apr 30, 19 Last 1 Year -11.19 -4.48 -14.88 8,881 9,552 8,512
Apr 28, 17 Last 3 Years 1.40 5.67 3.33 10,428 11,806 11,034
Apr 30, 15 Last 5 Years 5.47 6.79 5.16 13,056 13,896 12,863
Mar 02, 01 Since Inception 14.72 N.A. 12.71 139,302 N.A. 99,174
Returns greater than 1 year period are compounded annualized (CAGR). N.A. Not Available. Scheme performance may not strictly be comparable with that of its Additional Benchmark in view of balanced nature of the scheme where a portion of scheme’s investments are made in debt instruments. $ Adjusted for Bonus units declared under the Scheme. For performance of other schemes managed by Chirag Setalvad, please refer page 48. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 61.
Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of April 30, 2020 unless otherwise specified.
This product is suitable for investors who are seeking ~
l capital appreciation over long term.
l investment in equity and equity related instruments as well as debt and money market instruments.
Riskometer
Investors understand that their principal will be at moderately high risk
~ Investors should consult their financial advisers, if in doubt about whether the product is suitable for them.
^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
Portfolio Classification By Asset Class (%)
equity 67.68
G-Sec 5.37
Credit exposure 22.12
Cash, Cash equivalents and Net Current Assets 4.83
Portfolio Classification By Rating Class (%)
equity 67.68
Sovereign 5.37
AAA/AAA(SO)/A1+/A1+(SO) & equivalent 10.11
AA+ 12.01
Cash, Cash equivalents and Net Current Assets 4.83
[An open ended fund for investment for children having a lock-in for atleast 5 years or till the child attains age of majority (whichever is earlier)] ΩπHDFC Children's Gift Fund .....Contd from previous page
Company Industry+ / Rating % to NAV
8.83 GOI 2023 Sovereign 1.06
8.15 GOI 2022 Sovereign 0.58
8.08 GOI 2022 Sovereign 0.39
8.6 GOI 2028 Sovereign 0.20
8.2 GOI 2022 Sovereign 0.10
Sub Total 5.37
CREDIT EXPOSURE
• Housing Development Finance Corporation Ltd.£ CRISIL - AAA 4.54
• Shriram Transport Finance Company Ltd. CRISIL - AA+ 3.55
• Axis Bank Ltd. CRISIL - AA+ 3.43
• Bank of Baroda CRISIL - AA+ 3.23
Company Industry+ / Rating % to NAV
LIC Housing Finance Ltd. CRISIL - AAA 1.84
ICICI Bank Ltd. CARE - AA+ 1.41
L&T Infrastructure Finance Ltd. CRISIL - AAA 1.40
State Bank of India CRISIL - AA+ / CRISIL - AAA 1.32
Tata Sons Ltd. CRISIL - AAA 1.30
Power Finance Corporation Ltd. CRISIL - AAA 0.08
Britannia Industries Ltd. CRISIL - AAA 0.02
Sub Total 22.12
Total 27.49
Cash, Cash equivalents and Net Current Assets 4.83
Grand Total 100.00
• Top Ten Holdings, £ Co-sponsor, @ Less than 0.01%
PORTFOLIOIndustry Allocation of Equity Holding (% of Net Assets)
0.18
0.30
0.39
0.40
0.51
0.93
1.10
1.36
1.40
1.63
1.82
1.90
2.11
2.51
2.77
4.92
4.96
6.82
7.90
9.93
13.84
0 2 4 6 8 10 12 14 16
Auto
Non - Ferrous Metals
Ferrous Metals
Media & Entertainment
Construction
Power
Healthcare Services
Pesticides
Hotels, Resorts & Other Recreational Activities
Industrial Capital Goods
Telecom - Services
Consumer Durables
Construction Project
Pharmaceuticals
Auto Ancillaries
Consumer Non Durables
Industrial Products
Petroleum Products
Finance
Software
Banks
28 April 2020
CATEgORY OF SCHEME: RETIREMENT FUND
KEY FACTS
INVESTMENT OBjECTIVE
The investment objective of the Scheme is to provide long-term capital appreciation/income by investing in a mix of equity and debt instruments to help investors meet their retirement goals. There is no assurance that the investment objective of the Scheme will be realized.
FUND MANAgER ¥
Chirag Setalvad (Equities) (since February 25, 2016)
Total Experience - Over 21 years &Shobhit Mehrotra (Debt) (since February 25, 2016)
Total Experience: Over 25 years
INCEPTION DATE (Date of Allotment)
February 25, 2016
NAV (AS ON APRIL 30, 2020) NAV PER UNIT (`)
Regular Plan 14.271Direct Plan 15.199
ASSETS UNDER MANAgEMENT (`) IN CRORE
As on April 30, 2020 767.10Average for Month of April 2020 703.72
qUANTITATIVE DATA
Portfolio Turnover Ratio 19.13%
TOTAL ExPENSE RATIO (As on April 30, 2020)Including Additional expenses and Goods and Service Tax on Management Fees
Regular Plan, Direct Plan. Under Each Plan offers Growth Option only.
MINIMUM APPlICATION AMOUNT
Purchase : ` 5,000 and any amount thereafter.Additional Purchase : ` 1,000 and any amount thereafter.
lOCK-IN PERIOD
Existing investments by investors including SIP / STP registrations, etc (until June 1, 2018):
Units purchased cannot be assigned / transferred / pledged / redeemed / switched out until completion of 5 years from the date of allotment of Units under the Scheme.
Fresh investments by investors including SIP / STP registrations, etc (effective june 2, 2018):
Units purchased cannot be assigned / transferred / pledged / redeemed / switched out until completion of 5 years from the date of allotment of Units or Retirement Age of Unit holder (i.e. completion of 60 years), whichever is earlier.
¥ Dedicated Fund Manager for Overseas Investments: Mr. Chirag Dagli (since July 22, 2019) (Total Experience: Over 18 years).
Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of April 30, 2020 unless otherwise specified.
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year -15.80 -15.93 -14.88 8,420 8,407 8,512Apr 28, 17 Last 3 Years -1.15 0.42 3.33 9,658 10,126 11,034Feb 25, 16 Since Inception 8.88 9.33 10.11 14,271 14,521 14,958
Returns greater than 1 year period are compounded annualized (CAGR). For performance of other schemes managed by Chirag Setalvad (Equities) and Shobhit Mehrotra (Debt), please refer page 54. The Scheme is in existence for more than 1 year but less than 5 years. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 69.
This product is suitable for investors who are seeking ~
l a corpus to provide for pension in the form of income to the extent of the redemption value of their holding after the age of 60 years.
l investment predominantly in equity and equity related instruments.
Riskometer
Investors understand that their principal will be at moderately high risk
~ Investors should consult their financial advisers, if in doubt about whether the product is suitable for them.
^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
[An open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier)]HDFC Retirement Savings Fund - Equity Plan
(A notified Tax Savings Cum Pension Scheme)
Company Industry+ / Rating % to NAVEqUITY & EqUITY RElATED• HDFC Bank Ltd. Banks 7.60• Reliance Industries Ltd. Petroleum Products 6.77• Housing Development
Finance Corporation Ltd.£ Finance 6.12• ICICI Bank Ltd. Banks 4.76• Infosys Ltd. Software 4.54• ITC Ltd. Consumer Non Durables 4.51• Larsen and Toubro Ltd. Construction Project 2.70• Aarti Industries Ltd. Chemicals 2.41• Timken India Ltd. Industrial Products 2.34Aurobindo Pharma Ltd. Pharmaceuticals 2.08Hindustan Petroleum Corporation Ltd. Petroleum Products 1.93State Bank of India Banks 1.69Bajaj electricals Ltd. Consumer Durables 1.57Balkrishna Industries Ltd. Auto Ancillaries 1.49Voltamp Transformers Ltd. Industrial Capital Goods 1.49Atul Ltd. Chemicals 1.39Oracle Financial Services Software Ltd. Software 1.38UPL Ltd. Pesticides 1.37engineers India Ltd. Construction Project 1.33Power Grid Corporation of India Ltd. Power 1.21Chambal Fertilizers & Chemicals Ltd. Fertilisers 1.20KeC International Ltd. Construction Project 1.18Mahindra Holidays & Resorts Ind Ltd.
Hotels/Resorts & Other Recreational Activities 1.11
Indian Hotels Company Ltd. Hotels/Resorts & Other Recreational Activities 1.06
Recreational Activities 0.60T. V. Today Network Ltd. Media & entertainment 0.55Tube Investments of India Ltd. Auto Ancillaries 0.48
Company Industry+ / Rating % to NAVIFB Industries Ltd. Consumer Durables 0.47Oriental Carbon & Chemicals Ltd. Chemicals 0.46Jagran Prakashan Ltd. Media & entertainment 0.42Vedanta Ltd. Non - Ferrous Metals 0.30GNA Axles Ltd. Auto Ancillaries 0.28Apar Industries Ltd. Industrial Capital Goods 0.25Indusind Bank Ltd. Banks 0.24Tata Motors Ltd. DVR Auto 0.21Greenply Industries Ltd. Consumer Durables 0.17Zensar Technologies Ltd. Software 0.17SBI Cards and Payment Services Ltd. Finance 0.06CG Power and Industrial Solutions Ltd. Industrial Capital Goods 0.05Arti Surfactants Ltd. Chemicals 0.04Sub Total 83.79DEBT & DEBT RElATEDCREDIT EXPOSURE • Power Finance Corporation Ltd. CRISIL - AAA 3.55Vedanta Ltd. CRISIL - AA 2.22L&T Infrastructure Finance Ltd. CRISIL - AAA 1.41Shriram Transport Finance Company Ltd. CRISIL - AA+ 1.07Canara Bank CARE - A+ 0.45Union Bank of India CARe - AA- 0.34Sub Total 9.04Cash, Cash equivalents and Net Current Assets 7.17Grand Total 100.00• Top Ten Holdings, £ Co-sponsor
PORTFOLIO
Industry Allocation of Equity Holding (% of Net Assets)
Industrial Capital GoodsHotels, Resorts & Other Recreational Activities
Consumer DurablesChemicals
Construction ProjectConsumer Non Durables
Industrial ProductsFinance
SoftwarePetroleum Products
Banks
SIP PERFORMANCE ^ - Regular plan - growth Option
Since Inception SIP 3 Year SIP 1 Year SIP
Total Amount Invested (` ‘000) 510.00 360.00 120.00 Mkt Value As on April 30, 2020 (` ‘000) 488.72 314.54 104.98 Returns (%) -1.97 -8.58 -22.44 Benchmark Returns (%) # -0.72 -7.02 -21.81 Additional Benchmark Returns (%) ## 1.41 -4.17 -20.89
Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using xIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
April 2020 29
Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of April 30, 2020 unless otherwise specified.
[An open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier)]
HDFC Retirement Savings Fund - Hybrid Equity Plan(A notified Tax Savings Cum Pension Scheme)
Company Industry+ / Rating % to
NAV
EqUITY & EqUITY RElATED
• HDFC Bank Ltd. Banks 6.06
• Housing Development Finance Corporation Ltd.£ Finance 5.32
Sadbhav engineering Ltd. Construction Project 0.13
Tata Motors Ltd. DVR Auto 0.13
Indusind Bank Ltd. Banks 0.10
The Anup engineering Ltd. Industrial Capital Goods 0.10
Arti Surfactants Ltd. Chemicals 0.03
SBI Cards and Payment
Services Ltd. Finance 0.03
Navneet education Ltd. Media & entertainment 0.02
Yes Bank Ltd. Banks 0.01
Sub Total 66.93
DEBT & DEBT RElATED
gOVERNMENT SECURITIES (CENTRAl/STATE)
• 7.57 GOI 2033 Sovereign 3.72
Sub Total 3.72
CREDIT EXPOSURE
• Power Finance Corporation Ltd. CRISIL - AAA 7.12
• Vedanta Ltd. CRISIL - AA 3.86
• Jamnagar Utilities & Power Pvt. Ltd. (erstwhile Reliance Utilities & Power Pvt. Ltd.) CRISIL - AAA 2.75
L&T Infrastructure Finance Ltd. CRISIL - AAA 2.69
State Bank of India CRISIL - AA+ 2.30
Power Grid Corporation of
India Ltd. CRISIL - AAA 1.42
Canara Bank CARE - A+ 0.94
Reliance Industries Ltd. CRISIL - AAA 0.72
Sub Total 21.80
Total 25.52
Cash, Cash equivalents and Net Current Assets 7.55
Grand Total 100.00
• Top Ten Holdings, £ Co-sponsor
PORTFOLIO
KEY FACTS
INVESTMENT OBjECTIVE
The investment objective of the Scheme is to provide long-term capital appreciation/income by investing in a mix of equity and debt instruments to help investors meet their retirement goals. There is no assurance that the investment objective of the Scheme will be realized.
FUND MANAgER ¥
Chirag Setalvad (Equities) (since February 25, 2016)
Total Experience - Over 21 years &
Shobhit Mehrotra (Debt) (since February 25, 2016)
Total Experience: Over 25 years
INCEPTION DATE (Date of Allotment)
February 25, 2016
NAV (AS ON APRIL 30, 2020) NAV PER UNIT (`)
Regular Plan 14.993Direct Plan 15.972
ASSETS UNDER MANAgEMENT (`) IN CRORE
As on April 30, 2020 367.19Average for Month of April 2020 344.56
qUANTITATIVE DATA
Portfolio Turnover Ratio 16.98%Average Maturity * 4.72 yearsMacaulay Duration * 3.50 yearsModified Duration * 3.28 yearsYield to Maturity * 7.52%* Computed on the invested amount for debt portfolio.
TOTAL ExPENSE RATIO (As on April 30, 2020)Including Additional expenses and Goods and Service Tax on Management Fees
Regular: 2.63% Direct: 1.33%
#BENCHMARK INDEX: NIFTY 50 Hybrid Composite Debt 65:35 Index
Regular Plan, Direct Plan. Under Each Plan offers Growth Option only.
MINIMUM APPlICATION AMOUNT
Purchase : ` 5,000 and any amount thereafter.Additional Purchase : ` 1,000 and any amount thereafter.
lOCK-IN PERIOD
Existing investments by investors including SIP / STP registrations, etc (until June 1, 2018):
Units purchased cannot be assigned / transferred / pledged / redeemed / switched out until completion of 5 years from the date of allotment of Units under the Scheme.
Fresh investments by investors including SIP / STP registrations, etc (effective june 2, 2018):
Units purchased cannot be assigned / transferred / pledged / redeemed / switched out until completion of 5 years from the date of allotment of Units or Retirement Age of Unit holder (i.e. completion of 60 years), whichever is earlier.
¥ Dedicated Fund Manager for Overseas Investments: Mr. Chirag Dagli (since July 22, 2019) (Total Experience: Over 18 years).
(The Plan underwent Change in Fundamental Attributes i.e. change in Asset Allocation Pattern w.e.f. March 14, 2019).
CATEgORY OF SCHEME: RETIREMENT FUND
30 April 2020
Portfolio Classification By Asset Class (%)
n equity 66.93
n G-Sec 3.72
n Credit exposure 21.8
n Cash, Cash equivalents and Net Current Assets 7.55
Portfolio Classification By Rating Class (%)
n equity 66.93n Sovereign 3.72n AAA/AAA(SO)/A1+/A1+(SO) &
equivalent 14.70n AA+ 2.30n AA/AA- 3.86n A+ & Below 0.94n Cash, Cash equivalents and Net
Current Assets 7.55
This product is suitable for investors who are seeking ~
l a corpus to provide for pension in the form of income to the extent of the redemption value of their holding after the age of 60 years.
l investment predominantly in equity and equity related instruments & balance in debt and money market instruments.
Riskometer
Investors understand that their principal will be at moderately high risk
~ Investors should consult their financial advisers, if in doubt about whether the product is suitable for them.
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year -10.43 -4.48 -14.88 8,957 9,552 8,512
Apr 28, 17 Last 3 Years 1.59 5.67 3.33 10,485 11,806 11,034
Feb 25, 16 Since Inception 10.17 10.32 10.11 14,993 15,080 14,958
Returns greater than 1 year period are compounded annualized (CAGR). Scheme performance may not strictly be comparable with that of its Additional Benchmark in view of hybrid nature of the scheme where a portion of scheme’s investments are made in debt instruments. The Scheme is in existence for more than 1 year but less than 5 years. For performance of other schemes managed by Chirag Setalvad (equities) and Shobhit Mehrotra (Debt), please refer page 54. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 69.
^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
[An open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age(whichever is earlier)]
HDFC Retirement Savings Fund - Hybrid Equity Plan(A notified Tax Savings Cum Pension Scheme)
Industry Allocation of Equity Holding (% of Net Assets)
Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using xIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
April 2020 31
CATEgORY OF SCHEME: RETIREMENT FUND
KEY FACTS
INVESTMENT OBjECTIVEThe investment objective of the Scheme is to provide long-term capital appreciation/income by investing in a mix of equity and debt instruments to help investors meet their retirement goals. There is no assurance that the investment objective of the Scheme will be realized.
FUND MANAgER ¥
Chirag Setalvad (Equities) (since February 26, 2016)
Total Experience - Over 21 years &Shobhit Mehrotra (Debt) (since February 26, 2016)
Total Experience: Over 25 years
INCEPTION DATE (Date of Allotment)February 26, 2016
NAV (AS ON APRIL 30, 2020) NAV PER UNIT (`)Regular Plan 13.4724Direct Plan 14.3037
ASSETS UNDER MANAgEMENT (`) IN CROREAs on April 30, 2020 77.83Average for Month of April 2020 77.18
qUANTITATIVE DATAAverage Maturity * 4.27 yearsMacaulay Duration * 3.15 yearsModified Duration * 2.97 yearsYield to Maturity * 7.70%* Computed on the invested amount for debt portfolio.
TOTAL ExPENSE RATIO (As on April 30, 2020)Including Additional expenses and Goods and Service Tax on Management FeesRegular: 2.25% Direct: 1.14%
#BENCHMARK INDEX: NIFTY 50 Hybrid Composite Debt 15:85 Index##ADDl. BENCHMARK INDEX: CRISIL 10 Year Gilt Index
EXIT lOADUpon completion of lock-in period: Nil
PLANS & OPTIONSRegular Plan, Direct Plan. Under Each Plan offers Growth Option only.MINIMUM APPlICATION AMOUNTPurchase : ` 5,000 and any amount thereafter.Additional Purchase : ` 1,000 and any amount thereafter.
lOCK-IN PERIODExisting investments by investors including SIP / STP registrations, etc (until June 1, 2018):Units purchased cannot be assigned / transferred / pledged / redeemed / switched out until completion of 5 years from the date of allotment of Units under the Scheme. Fresh investments by investors including SIP / STP registrations, etc (effective june 2, 2018): Units purchased cannot be assigned / transferred / pledged / redeemed / switched out until completion of 5 years from the date of allotment of Units or Retirement Age of Unit holder (i.e. completion of 60 years), whichever is earlier.¥ Dedicated Fund Manager for Overseas Investments:
Mr. Chirag Dagli (since July 22, 2019) (Total Experience: Over 18 years).
Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of April 30, 2020 unless otherwise specified.
PERFORMANCE ^ - Regular plan - growth OptionDate Period Scheme
Returns (%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 investedScheme
(`)Benchmark
(`)#Additional
Benchmark (`)##
Apr 30, 19 Last 1 Year 3.36 9.26 15.17 10,336 10,926 11,517Apr 28, 17 Last 3 Years 4.41 7.75 7.52 11,385 12,519 12,438Feb 26, 16 Since Inception 7.39 9.46 8.64 13,472 14,591 14,135
Returns greater than 1 year period are compounded annualized (CAGR). Scheme performance may not strictly be comparable with that of its Additional Benchmark in view of hybrid nature of the scheme where a portion of scheme’s investments are made in equity instruments. The Scheme is in existence for more than 1 year but less than 5 years. For performance of other schemes managed by Chirag Setalvad (equities) and Shobhit Mehrotra (Debt), please refer page 54. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 69.
This product is suitable for investors who are seeking ~
l a corpus to provide for pension in the form of income to the extent of the redemption value of their holding after the age of 60 years.
l investment predominantly in debt and money market instruments & balance in equity and equity related instruments.
Riskometer
Investors understand that their principal will be at moderately high risk
~ Investors should consult their financial advisers, if in doubt about whether the product is suitable for them. ^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
Portfolio Classification By Asset Class (%)
n equity 12.36
n G-Sec 17.14
n Credit exposure 45.89
n Cash, Cash equivalents and Net Current Assets 24.61
Portfolio Classification By Rating Class (%)
n equity 12.36n Sovereign 17.14n AAA/AAA(SO)/A1+/A1+(SO)
[An open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier)]
HDFC Retirement Savings Fund - Hybrid Debt Plan(A notified Tax Savings Cum Pension Scheme)
Company Industry+ / Rating % to NAVEqUITY & EqUITY RElATEDICICI Bank Ltd. Banks 1.21Aarti Industries Ltd. Chemicals 0.92HDFC Bank Ltd. Banks 0.88Reliance Industries Ltd. Petroleum Products 0.75NIIT Technologies Ltd. Software 0.57Infosys Ltd. Software 0.53Alkyl Amines Chemicals Ltd. Chemicals 0.46Avanti Feeds Ltd. Consumer Non Durables 0.42Larsen and Toubro Ltd. Construction Project 0.38Timken India Ltd. Industrial Products 0.35Voltamp Transformers Ltd. Industrial Capital Goods 0.35Axis Bank Ltd. Banks 0.33Chambal Fertilizers & Chemicals Ltd. Fertilisers 0.33Redington (India) Ltd. Transportation 0.29Blue Star Ltd. Consumer Durables 0.26Carborundum Universal Ltd. Industrial Products 0.26Vesuvius India Ltd. Industrial Products 0.26Bajaj electricals Ltd. Consumer Durables 0.25Tata Steel Ltd. Ferrous Metals 0.24SKF India Ltd. Industrial Products 0.23State Bank of India Banks 0.23Hindustan Petroleum Corporation Ltd. Petroleum Products 0.22Oriental Carbon & Chemicals Ltd. Chemicals 0.21Mahindra Holidays & Resorts Ind Ltd.
Hotels/Resorts & Other Recreational Activities 0.19
Power Grid Corporation of India Ltd. Power 0.19Nilkamal Ltd. Industrial Products 0.18GNA Axles Ltd. Auto Ancillaries 0.17Insecticides (India) Ltd. Pesticides 0.17Aurobindo Pharma Ltd. Pharmaceuticals 0.16Indian Hotels Company Ltd. Hotels/Resorts & Other
Recreational Activities 0.16The Anup engineering Ltd. Industrial Capital Goods 0.16Kalpataru Power Transmission Ltd. Power 0.15NRB Bearing Ltd. Industrial Products 0.14Tube Investments of India Ltd. Auto Ancillaries 0.14
Company Industry+ / Rating % to NAVApar Industries Ltd. Industrial Capital Goods 0.12Poddar Pigments Ltd. Chemicals 0.12Time Technoplast Ltd. Industrial Products 0.11Bank of Baroda Banks 0.08Tamilnadu Newsprint & Papers Ltd. Paper 0.06SBI Cards and Payment Services Ltd. Finance 0.05Sadbhav engineering Ltd. Construction Project 0.03Tata Motors Ltd. DVR Auto 0.03Arti Surfactants Ltd. Chemicals 0.02Sub Total 12.36DEBT & DEBT RElATEDgOVERNMENT SECURITIES (CENTRAl/STATE)• 7.57 GOI 2033 Sovereign 10.52• 6.79 GOI 2029 Sovereign 6.62Sub Total 17.14CREDIT EXPOSURE • Vedanta Ltd. CRISIL - AA 8.51• Indian Railways Finance
• L&T Infrastructure Finance Ltd. CRISIL - AAA 3.17• Reliance Industries Ltd. CRISIL - AAA 2.59Canara Bank CARE - A+ 2.55Union Bank of India CARe - AA- 2.20Power Finance Corporation Ltd. CRISIL - AAA 1.40Sub Total 45.89Total 63.03Cash, Cash equivalents and Net Current Assets 24.61Grand Total 100.00• Top Ten Holdings
PORTFOLIO
SIP PERFORMANCE ^ - Regular plan - growth Option
Since Inception SIP 3 Year SIP 1 Year SIP
Total Amount Invested (` ‘000) 510.00 360.00 120.00 Mkt Value As on April 30, 2020 (` ‘000) 563.52 378.41 119.97 Returns (%) 4.65 3.27 -0.04 Benchmark Returns (%) # 8.14 8.09 6.83 Additional Benchmark Returns (%) ## 8.82 10.28 12.44
Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using xIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
32 April 2020
CATEgORY OF SCHEME: EqUITY SAVINGS FUND
KEY FACTS
INVESTMENT OBjECTIVETo provide capital appreciation by investing in equity & equity related instruments, Arbitrage opportunities, and Debt & money market instruments.There is no assurance that the investment objective of the Scheme will be realized.
FUND MANAgER ¥
Vinay Kulkarni (equities) (since November 21, 2006)
Total Experience: Over 29 years Krishan Kumar Daga (equities) (since January 08, 2016)
Total Experience: Over 22 yearsAnil Bamboli (Debt) (since September 17, 2004)
Total Experience: Over 23 years
INCEPTION DATE (Date of Allotment)September 17, 2004
NAV (AS ON APRIL 30, 2020) NAV PER UNIT (`)Regular Plan - Growth Option 34.718Regular Plan - Dividend Option 9.786Direct Plan - Growth Option 37.113Direct Plan - Dividend Option 10.668
ASSETS UNDER MANAgEMENT (`) IN CROREAs on April 30, 2020 3,363.78Average for Month of April 2020 3,307.50
qUANTITATIVE DATAPortfolio Turnover Ratio 20.52%Average Maturity * 1.30 yearsMacaulay Duration * 1.17 yearsModified Duration * 1.06 yearsYield to Maturity * 8.51%* Computed on the invested amount for debt portfolio.
TOTAL ExPENSE RATIO (As on April 30, 2020)Including Additional expenses and Goods and Service Tax on Management FeesRegular: 2.03% Direct: 1.26%
#BENCHMARK INDEX: 40% NIFTY 50 Arbitrage Index, 30% CRISIL Short Term Bond Fund Index and 30% NIFTY 50 (Total Returns Index)
Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using xIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. N.A. Not Available.
PERFORMANCE ^ - Regular plan - growth OptionDate Period^^ Scheme
Returns (%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 investedScheme (`) Benchmark
(`)#Additional
Benchmark (`)##
Apr 30, 19 Last 1 Year -5.75 1.17 -14.88 9,425 10,117 8,512Apr 28, 17 Last 3 Years 1.72 5.88 3.33 10,528 11,876 11,034Apr 30, 15 Last 5 Years 5.98 6.60 5.16 13,372 13,769 12,863Sep 17, 04 Since Inception 8.29 N.A. 13.18 34,718 N.A. 69,206
^^Effective December 16, 2015, certain changes, including changes to fundamental attributes, were effected in the erstwhile HDFC Multiple Yield Fund, (an open ended income scheme) which was renamed as HDFC Equity Savings Fund, an open ended equity scheme. On account of these changes, the performance during the period(s) from September 17, 2004 to December 15, 2015 is not comparable.Returns greater than 1 year period are compounded annualized (CAGR). N.A. Not Available. Scheme performance may not strictly be comparable with that of its Additional Benchmark, since a portion of scheme’s investments are made in debt instruments. Performance of dividend option under the schemes for the investors would be net of Dividend Distribution Tax as applicable. For performance of other schemes managed by Vinay Kulkarni (Equities), Krishan Kumar Daga (Equities) and Anil Bamboli (Debt), please refer page 54. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 69.^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of April 30, 2020 unless otherwise specified. ...Contd on next page
PORTFOLIO
Portfolio Classification By Rating Class (%)
n equity 69.53n AA+ 0.15n AA/AA- 6.42n A+ & Below 6.40n Cash, Cash equivalents and
Net Current Assets 17.50
(An open ended scheme investing in equity, arbitrage and debt)HDFC Equity Savings Fund
Company Industry+ / Rating % to NAV (Hedged & Unhedged)
% exposure of Derivative
EqUITY & EqUITY RElATED
• Housing Development Finance Corporation Ltd.£ Finance 9.08 9.08
Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, CD - Certificate of Deposit; CP - Commercial Papers. Data is as of April 30, 2020 unless otherwise specified.
(An open ended scheme investing in equity, arbitrage and debt) .....Contd from previous pageHDFC Equity Savings Fund
Company Industry+ / Rating % to NAV (Hedged & Unhedged)
% exposure of Derivative
Ambuja Cements Ltd. Cement 0.86 0.19
Hindalco Industries Ltd. Non - Ferrous Metals 0.84 0.84
Adani Power (Mundra) Ltd. (Secured by Shares of Adani Port & SeZ Ltd.) Power 0.13 0.13
Ashoka Buildcon Ltd. Construction Project 0.13 0.00
Cadila Healthcare Ltd. Pharmaceuticals 0.13 0.13
Titagarh Wagons Ltd. Industrial Capital Goods 0.13 0.00
Tata Motors Ltd. DVR Auto 0.12 0.00
Apollo Tyres Ltd. Auto Ancillaries 0.11 0.00
ITD Cementation India Ltd. Construction 0.11 0.00
Company Industry+ / Rating % to NAV (Hedged & Unhedged)
% exposure of Derivative
UltraTech Cement Ltd. Cement 0.10 0.10
Mahanagar Gas Ltd. Gas 0.09 0.02
Zee entertainment enterprises Ltd. Media & entertainment 0.09 0.09
Pidilite Industries Ltd. Chemicals 0.07 0.07
Petronet LNG Ltd. Gas 0.06 0.06
Kalpataru Power Transmission Ltd. Power 0.05 0.00
LIC Housing Finance Ltd. Finance 0.05 0.05
Tech Mahindra Ltd. Software 0.05 0.05
Century Textiles & Industries Ltd. Paper 0.04 0.04
escorts Ltd. Auto 0.04 0.04
Orient Cement Ltd. Cement 0.04 0.00
ACC Ltd. Cement 0.03 0.03
Bosch Ltd. Auto Ancillaries 0.03 0.03
Bajaj Auto Ltd. Auto 0.02 0.02
Bajaj Finserv Ltd. Finance 0.02 0.02
equitas Holdings Ltd. Finance 0.02 0.02
NBCC (India) Ltd. Construction 0.02 0.00
S Chand and Company Ltd. Media & entertainment 0.01 0.00
Torrent Power Ltd. Power 0.01 0.01
Biocon Ltd.Pharmaceuticals @
eClerx Services Ltd. Software @
Tata Chemicals Ltd. Chemicals @
United Breweries Ltd. Consumer Non Durables @Sub Total 69.53
Preference Shares
Zee entertainment enterprises Ltd. Media & entertainment @
Sub Total @
Total 69.53
CREDIT EXPOSURE
• Punjab National Bank IND - A 2.47
• Canara Bank CARE - A+ / CRISIL - AA 2.43
IDBI Bank Ltd. CRISIL - A+ 2.21
Union Bank of India CARe - AA- / IND - AA 1.54
Vedanta Ltd. CRISIL - AA 1.41
Shriram City Union Finance Ltd. CRISIL - AA 1.15
Muthoot Finance Ltd. ICRA - AA 1.01
Aarish Solar Power Pvt. Ltd. (Greenko) CARE - AA-(SO) 0.31
Bank of Baroda CARe - AA 0.29
HDFC Bank Ltd. CARE - AA+ 0.15
Sub Total 12.97
Short Term Deposits as margin for Futures & Options 12.34
Cash, Cash equivalents and Net Current Assets 5.16
Grand Total 100.00
• Top Ten Holdings, £ Co-sponsor , @ Less than 0.01%
Outstanding exposure in derivative instruments (` in Crore) 1,014.75
Hedged position in Equity & Equity related instruments
Outstanding derivative exposure (% age) 30.17
PORTFOLIO
34 April 2020
CATEgORY OF SCHEME: CONSERVATIVE HYBRID FUND
KEY FACTS
INVESTMENT OBjECTIVE
To generate income / capital appreciation by investing primarily in debt securities, money market instruments and moderate exposure to equities.
There is no assurance that the investment objective of the Scheme will be realized.
FUND MANAgER ¥
Prashant Jain (equities) (since December 26, 2003)
Total Experience: Over 27 years &Shobhit Mehrotra (Debt) (since September 1, 2007)
Total Experience: Over 25 years
INCEPTION DATE (Date of Allotment)
December 26, 2003
NAV (AS ON APRIL 30, 2020) NAV PER UNIT (`)
Regular Plan - Growth Option 45.0280Regular Plan - Monthly Dividend Option 11.5880Regular Plan - quarterly Dividend Option 12.2506Direct Plan - Growth Option 46.7124Direct Plan - Monthly Dividend Option 12.2105Direct Plan - quarterly Dividend Option 12.9040
ASSETS UNDER MANAgEMENT (`) IN CRORE
As on April 30, 2020 2,419.19Average for Month of April 2020 2,461.29
qUANTITATIVE DATA
Average Maturity * 4.03 yearsMacaulay Duration * 3.31 yearsModified Duration * 3.07 yearsYield to Maturity * 9.31%* Computed on the invested amount for debt portfolio.
TOTAL ExPENSE RATIO (As on April 30, 2020)Including Additional expenses and Goods and Service Tax on Management Fees
Regular: 1.86% Direct: 1.40%
#BENCHMARK INDEX: NIFTY 50 Hybrid Composite Debt 15:85 Index
##ADDl. BENCHMARK INDEX: CRISIL 10 year Gilt Index
EXIT lOAD
l In respect of each purchase / switch-in of Units, 15% of the Units (“the limit”) may be redeemed without any exit load from the date of allotment.
l Any redemption in excess of the limit shall be subject to the following exit load:
n exit load of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment of units.
l No exit load is payable if Units are redeemed / switched-out after 1 year from the date of allotment.
For further details, please refer to para ‘Exit Load’ on Pg 54.
PLANS & OPTIONS
Regular Plan, Direct Plan. Under each Plan : Growth, Monthly Dividend & quarterly Dividend Option. The Dividend Option offers Dividend Payout and Reinvestment facility.
MINIMUM APPlICATION AMOUNT
Purchase: (Growth & quarterly Dividend Option) - ` 5,000 and any amount thereafter. (Monthly Dividend Option) - ` 25,000 and any amount thereafter.Additional Purchase : ` 1,000 and any amount thereafter.
¥ Dedicated Fund Manager for Overseas Investments: Mr. Chirag Dagli (since July 22, 2019) (Total Experience: Over 18 years).
Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, CD - Certificate of Deposit; CP - Commercial Papers. Data is as of April 30, 2020 unless otherwise specified.
Company Industry+ / Rating % to NAV
EqUITY & EqUITY RElATED
ICICI Bank Ltd. Banks 2.53
Housing Development Finance Corporation Ltd.£ Finance 1.98
• Power Finance Corporation Ltd. CRISIL - AAA 3.94
• Talwandi Sabo Power Ltd. (Corporate Guarantee of Vedanta Ltd.) CRISIL - AA(SO) 3.88
• Sikka Port and Terminal Ltd. (erstwhile Reliance Ports and Terminals Ltd.) CRISIL - AAA 3.87
• Indian Railways Finance Corporation Ltd. CRISIL - AAA 3.78
• The Tata Power Company Ltd. CRISIL - AA- 3.78
• First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Ltd.) CRISIL - AAA(SO) 3.57
Shriram City Union Finance Ltd. CARE - AA+ / CRISIL - AA 2.94
Punjab National Bank IND - A 2.89
Shriram Transport Finance Company Ltd. CRISIL - AA+ 2.81
Housing and Urban Development Corporation Ltd. CARe - AAA 2.24
National Highways Authority of India CRISIL - AAA 2.19
Tata Projects Ltd. IND - AA 2.03
Manappuram Finance Ltd. CARe - AA 1.99
ReC Ltd. CRISIL - AAA 1.48
Tata Motors Ltd. CRISIL - AA- 1.44
(An open ended hybrid scheme investing predominantly in debt instruments)HDFC Hybrid Debt Fund
PORTFOLIO
April 2020 35
Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of April 30, 2020 unless otherwise specified.
This product is suitable for investors who are seeking ~
l to generate long-term income / capital appreciation
l investments primarily in debt securities, money market instruments and moderate exposure to equities
Riskometer
Investors understand that their principal will be at moderately high risk
~ Investors should consult their financial advisers, if in doubt about whether the product is suitable for them.
SIP PERFORMANCE ^ - Regular plan - growth Option
Since Inception SIP
15 year SIP 10 year SIP 5 Year SIP 3 Year SIP 1 Year SIP
Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using xIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark (`)##
Apr 30, 19 Last 1 Year -0.94 9.26 15.17 9,906 10,926 11,517
Apr 28, 17 Last 3 Years 2.36 7.75 7.52 10,728 12,519 12,438
Apr 30, 15 Last 5 Years 5.50 8.20 8.22 13,071 14,834 14,851
Dec 26, 03 Since Inception 9.64 8.22 5.96 45,028 36,422 25,784
Returns greater than 1 year period are compounded annualized (CAGR). Performance of dividend option under the schemes for the investors would be net of Dividend Distribution Tax as applicable. Scheme performance may not strictly be comparable with that of its Additional Benchmark in view of hybrid nature of the scheme where a portion of scheme’s investments are made in equity instruments. For performance of other schemes managed by Prashant Jain (Equities) and Shobhit Mehrotra (Debt), please refer page 54. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 69.
^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
Note: Effective close of business hours of May 25, 2018, HDFC MF Monthly Income Plan – Long Term Plan (MIP-LTP) underwent changes in Fundamental Attributes and was renamed as HDFC Hybrid Debt Fund (HHDF) and HDFC MF Monthly Income Plan – Short Term Plan was merged therein. As the portfolio structuring of HHDF closely resembles the erstwhile MIP-LTP, the past performance of MIP-LTP is provided, in line with SeBI circular on Performance disclosure post consolidation/ merger of scheme dated April 12, 2018.
Portfolio Classification By Asset Class (%)
n equity 26.29
n G-Sec, SDL 3.08
n Credit exposure 66.66
n Cash, Cash equivalents and Net Current Assets 3.97
Portfolio Classification By Rating Class (%)
n equity 26.29n Sovereign 3.08n AAA/AAA(SO)/A1+/A1+(SO)
l In respect of each purchase / switch-in of Units, an exit Load of 0.25% is payable if Units are redeemed / switched-out within 1 month from the date of allotment.
l No exit Load is payable if Units are redeemed / switched-out after 1 month from the date of allotment.
For further details, please refer to para ‘Exit Load’ on Pg 54.
PLANS & OPTIONS
(Wholesale Plan) - Regular Plan, (Wholesale Plan) - Direct Plan.Under Each Plan : Growth & Dividend. Dividend Option offers Monthly Dividend Option and Normal Dividend Option with Payout and Reinvestment facility.
MINIMUM APPlICATION AMOUNT
Purchase/Additional Purchase: ̀ 1 lakh and any amount thereafter.
¥ Dedicated Fund Manager for Overseas Investments: Mr. Chirag Dagli (since July 22, 2019) (Total Experience: Over 18 years).
Company Industry+ / Rating % to NAV
EqUITY & EqUITY RElATED (quantity fully hedged using Futures/Options)EqUITY• Housing Development
Industries Ltd. Pharmaceuticals 4.78• Maruti Suzuki India Ltd. Auto 3.32• Infosys Ltd. Software 2.65• Bharti Airtel Ltd. Telecom - Services 2.14• Bajaj Finance Ltd. Finance 1.97• Adani Ports & Special
economic Zone Transportation 1.88• Dr Reddys Laboratories Ltd. Pharmaceuticals 1.65• Mahindra & Mahindra Ltd. Auto 1.65Grasim Industries Ltd. Cement 1.57UltraTech Cement Ltd. Cement 1.42Larsen and Toubro Ltd. Construction Project 1.37Aurobindo Pharma Ltd. Pharmaceuticals 1.32JSW Steel Ltd. Ferrous Metals 1.31Hero MotoCorp Ltd. Auto 1.10Axis Bank Ltd. Banks 0.99United Spirits Ltd. Consumer Non Durables 0.96Bharat Petroleum Corporation Ltd. Petroleum Products 0.94Indusind Bank Ltd. Banks 0.94Tech Mahindra Ltd. Software 0.86Cipla Ltd. Pharmaceuticals 0.82Divis Laboratories Ltd. Pharmaceuticals 0.79State Bank of India Banks 0.77Ambuja Cements Ltd. Cement 0.76Godrej Consumer Products Ltd. Consumer Non Durables 0.72Vedanta Ltd. Non - Ferrous Metals 0.70Hindustan Unilever Ltd. Consumer Non Durables 0.69UPL Ltd. Pesticides 0.69HDFC Life Insurance Company Ltd. Finance 0.62Asian Paints Ltd. Consumer Non Durables 0.61Hindalco Industries Ltd. Non - Ferrous Metals 0.58HCL Technologies Ltd. Software 0.50Tata Consultancy Services Ltd. Software 0.49Coal India Ltd. Minerals/Mining 0.45Lupin Ltd. Pharmaceuticals 0.43Pidilite Industries Ltd. Chemicals 0.38Dabur India Ltd. Consumer Non Durables 0.37Marico Ltd. Consumer Non Durables 0.35Tata Motors Ltd. Auto 0.32The Federal Bank Ltd. Banks 0.32GAIL (India) Ltd. Gas 0.28ICICI Prudential Life Insurance Company Ltd. Finance 0.28Zee entertainment enterprises Ltd. Media & entertainment 0.28Mahanagar Gas Ltd. Gas 0.27Power Grid Corporation of India Ltd. Power 0.26eicher Motors Ltd. Auto 0.25Shree Cement Ltd. Cement 0.24LIC Housing Finance Ltd. Finance 0.23NTPC Ltd. Power 0.23The Tata Power Company Ltd. Power 0.23DLF Ltd. Construction 0.22Petronet LNG Ltd. Gas 0.22
Company Industry+ / Rating % to NAV
Siemens Ltd. Industrial Capital Goods 0.22Apollo Hospitals enterprise Ltd. Healthcare Services 0.21Hindustan Petroleum Corporation Ltd. Petroleum Products 0.21Mahindra & Mahindra Financial Services Ltd. Finance 0.21Bharat Forge Ltd. Industrial Products 0.19Biocon Ltd. Pharmaceuticals 0.19NMDC Ltd. Minerals/Mining 0.18Bank of Baroda Banks 0.15Wipro Ltd. Software 0.12Bajaj Finserv Ltd. Finance 0.11Torrent Pharmaceuticals Ltd. Pharmaceuticals 0.11ACC Ltd. Cement 0.10ICICI Bank Ltd. Banks 0.10Bajaj Auto Ltd. Auto 0.09escorts Ltd. Auto 0.09Max Financial Services Ltd. Finance 0.09SRF Ltd. Industrial Products 0.09exide Industries Ltd. Auto Ancillaries 0.08Nestle India Ltd. Consumer Non Durables 0.08Sun TV Network Ltd. Media & entertainment 0.08Cadila Healthcare Ltd. Pharmaceuticals 0.07Century Textiles & Industries Ltd. Paper 0.07Bandhan Bank Ltd. Banks 0.06Bharat Heavy electricals Ltd. Industrial Capital Goods 0.06Container Corporation of India Ltd. Transportation 0.06ReC Ltd. Finance 0.06Bosch Ltd. Auto Ancillaries 0.04Canara Bank Banks 0.04Havells India Ltd. Consumer Durables 0.04Adani Power (Mundra) Ltd. (Secured by Shares of Adani Port & SeZ Ltd.) Power 0.03Indian Oil Corporation Ltd. Petroleum Products 0.03Indraprastha Gas Ltd. Gas 0.03Colgate-Palmolive (I) Ltd. Consumer Non Durables 0.02Titan Company Ltd. Consumer Durables 0.02Berger Paints (I) Ltd. Consumer Non Durables 0.01Bharti Infratel Ltd. Telecom - equipment
& Accessories 0.01Cholamandalam Investment & Finance Finance 0.01Cummins India Ltd. Industrial Products 0.01Motherson Sumi Systems Ltd. Auto Ancillaries 0.01Power Finance Corporation Ltd. Finance 0.01RBL Bank Ltd. Banks 0.01Tata Consumer Products Ltd. Consumer Non Durables 0.01Info edge (India) Ltd. Software @Jindal Steel & Power Ltd. Ferrous Metals @United Breweries Ltd. Consumer Non Durables @Sub Total 65.03Short Term Deposits as margin for Futures & Options 25.28 Cash, Cash equivalents and Net Current Assets 9.69Grand Total 100.00• Top Ten Holdings, £ Co-sponsor, @ Less than 0.01%
Outstanding exposure in derivative instruments (` in Crore) 3,002.94
Hedged position in Equity & Equity related instruments
Outstanding derivative exposure (% age) 65.12
Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of April 30, 2020 unless otherwise specified. ....Contd on next page
(An open ended scheme investing in arbitrage opportunities)HDFC Arbitrage FundPORTFOLIO
April 2020 37
This product is suitable for investors who are seeking ~
l income over short term.
l income through arbitrage opportunities between cash and derivative market and arbitrage opportunities within the derivative segment.
Riskometer
Investors understand that their principal will be at moderately low risk
~ Investors should consult their financial advisers, if in doubt about whether the product is suitable for them.
Face Value per Unit: ̀ 10 unless otherwise specified, + Industry Classification as recommended by AMFI, CD - Certificate of Deposit; CP - Commercial Papers, Data is as of April 30, 2020 unless otherwise specified.
PERFORMANCE ^ - Wholesale Plan - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 5.64 5.60 -14.88 10,564 10,560 8,512Apr 28, 17 Last 3 Years 5.71 5.29 3.33 11,817 11,676 11,034Apr 30, 15 Last 5 Years 6.05 5.62 5.16 13,420 13,146 12,863Oct 23, 07 Since Inception 7.00 N.A. 6.06 23,337 N.A. 20,896
Returns greater than 1 year period are compounded annualized (CAGR). Performance of dividend option under the schemes for the investors would be net of Dividend Distribution Tax as applicable. N.A. Not Available. Scheme performance is not strictly comparable with that of its Additional Benchmark since the scheme does not take directional call in equity markets but is limited to availing arbitrage opportunities, etc. For performance of other schemes managed by Krishan Kumar Daga, please refer page 54. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 63.
^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
Portfolio Classification By Rating Class (%)
n equity 65.03
n Cash, Cash equivalents and Net Current Assets 34.97
Portfolio Classification By Asset Class (%)
n equity 65.03
n Cash, Cash equivalents and Net Current Assets 34.97
(An open ended scheme investing in arbitrage opportunities) .....Contd from previous pageHDFC Arbitrage Fund
Industry Allocation of Equity Holding (% of Net Assets)
To generate income/capital appreciation through investments predominantly in AA+ and above rated corporate bonds.
There is no assurance that the investment objective of the Scheme will be realized.
FUND MANAgER ¥
Anupam Joshi (since October 27, 2015)
Total Experience: Over 12 years
INCEPTION DATE (Date of Allotment)
June 29, 2010
NAV (AS ON APRIL 30, 2020) NAV PER UNIT (`)
Regular Plan - Growth Option 22.9747Regular Plan - Dividend Option 15.6262Regular Plan - quarterly Dividend Option 10.4712Direct Plan - Growth Option 23.1487Direct Plan - Dividend Option 15.8878Direct Plan - quarterly Dividend Option 10.5382
ASSETS UNDER MANAgEMENT (`) IN CRORE
As on April 30, 2020 14,518.18Average for Month of April 2020 13,345.44
qUANTITATIVE DATA
Average Maturity * 3.78 yearsMacaulay Duration * 3.03 yearsModified Duration * 2.84 yearsYield to Maturity * 6.91%* Computed on the invested amount.
TOTAL ExPENSE RATIO (As on April 30, 2020)Including Additional expenses and Goods and Service Tax on Management Fees
Regular: 0.50% Direct: 0.30%
#BENCHMARK INDEX: NIFTY Corporate Bond Index
##ADDl. BENCHMARK INDEX: CRISIL 10 year Gilt Index
EXIT lOAD
Nil
PLANS & OPTIONS
Regular Plan, Direct Plan. Under both the Plans: Growth, quarterly Dividend & Normal Dividend. Both Dividend options offer Payout and Reinvestment facilities.
MINIMUM APPlICATION AMOUNT
Purchase : ` 5,000 and any amount thereafter. Additional Purchase : ` 1,000 and any amount thereafter.
¥ Dedicated Fund Manager for Overseas Investments: Mr. Chirag Dagli (since July 22, 2019) (Total Experience: Over 18 years).
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.27 9.49 15.17 11,027 10,949 11,517Apr 28, 17 Last 3 Years 8.09 7.53 7.52 12,637 12,442 12,438Apr 30, 15 Last 5 Years 8.49 8.10 8.22 15,034 14,764 14,851Jun 29, 10 Since Inception 8.82 8.49 7.18 22,975 22,297 19,786
Returns greater than 1 year period are compounded annualized (CAGR). Performance of dividend option under the schemes for the investors would be net of Dividend Distribution Tax as applicable. For performance of other schemes managed by Anupam Joshi, please refer page 54. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 64.
Face Value per Unit: ` 10 unless otherwise specified, CD - Certificate of Deposit; CP - Commercial Papers, Data is as of April 30, 2020 unless otherwise specified.
This product is suitable for investors who are seeking ~
l income over short to medium term
l to generate income/capital appreciation through investments predominantly in AA+ and above rated corporate bonds
Riskometer
Investors understand that their principal will be at moderate risk
~ Investors should consult their financial advisers, if in doubt about whether the product is suitable for them.
Issuer Rating % to NAVDEBT & DEBT RElATEDgOVERNMENT SECURITIES (CENTRAl/STATE)• 6.79 GOI 2027 Sovereign 5.35• 7.59 GOI 2026 Sovereign 3.72• 6.97 GOI 2026 Sovereign 3.447.59 GOI 2029 Sovereign 0.377.78 Maharashtra Mat 240329 Sovereign 0.378.21% Haryana SDL (UDAY) - Mat 310323 Sovereign 0.228% Haryana SDL ISD 080420 Mat 080430 Sovereign 0.197.73% Gujarat SDL - ISD 070420 Mat 080429 Sovereign 0.187.68 GOI 2023 Sovereign 0.01Sub Total 13.85CREDIT EXPOSURE • LIC Housing Finance Ltd. CARe - AAA / CRISIL - AAA 7.82• REC Ltd. CRISIL - AAA / IND - AAA 7.73• Reliance Industries Ltd. CRISIL - AAA / ICRA - AAA 7.62• State Bank of India CRISIL - AAA 6.45• Power Finance Corporation Ltd. CARe - AAA / CRISIL -
AAA / ICRA - AAA 5.71• Housing Development
Finance Corporation Ltd.£ CRISIL - AAA 5.19• National Highways Authority
of India CARe - AAA / CRISIL - AAA 3.62National Bank for Agriculture & Rural Development CRISIL - AAA 3.18Bank of Baroda CARe - AAA 2.16Indian Railways Finance Corporation Ltd. CRISIL - AAA 2.14Power Grid Corporation of India Ltd. CRISIL - AAA 2.10Mangalore Refinery and Petrochemicals Ltd. CRISIL - AAA 2.06HDB Financial Services Ltd. CARe - AAA / CRISIL - AAA 2.05ONGC Petro additions Ltd. (OPAL) (Put on ONGC Ltd.) CARe - AAA(Ce) 1.99Reliable Devices Trust (PTC banked by receivables from Reliance Retail Ltd.) ICRA - AAA(SO) 1.85Jamnagar Utilities & Power Pvt. Ltd. (erstwhile Reliance Utilities & Power Pvt. Ltd.) CRISIL - AAA 1.79L&T Infrastructure Finance Ltd. CRISIL - AAA 1.70Sundaram Finance Ltd. CRISIL - AAA 1.39export - Import Bank of India CRISIL - AAA 1.28Food Corporation of India (Corporate guarantee from Govt of India) CRISIL - AAA(SO) 1.19
Issuer Rating % to NAVL&T Finance Ltd. CARe - AAA / IND - AAA 1.09NTPC Ltd. CRISIL - AAA 1.07Bajaj Finance Ltd. CRISIL - AAA 0.80TATA Capital Housing Finance Ltd. CRISIL - AAA 0.68Larsen and Toubro Ltd. CRISIL - AAA 0.66Sikka Port and Terminal Ltd. (erstwhile Reliance Ports and Terminals Ltd.) CARe - AAA 0.64Mahindra & Mahindra Financial Services Ltd. IND - AAA 0.52Nabha Power Ltd. (Corporate Guarantee of L&T Ltd.) ICRA - AAA(SO) 0.52Housing and Urban Development Corporation Ltd. CARe - AAA 0.43NHPC Ltd. CARe - AAA 0.37Pipeline Infrastructure Pvt. Ltd. CRISIL - AAA 0.34Andhra Pradesh expressway Ltd. (NHAI Annuity) ICRA - AAA(SO) 0.27Tata Sons Ltd. CRISIL - AAA 0.23First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Ltd.) CRISIL - AAA(SO) 0.21Toyota Financial Services India Ltd. CRISIL - AAA 0.21Gujarat Road and Infrastructure Company Ltd. ICRA - AAA(SO) 0.17Kotak Mahindra Prime Ltd. CRISIL - AAA 0.17L&T Housing Finance Ltd. CARe - AAA 0.17Mahanagar Telephone Nigam Ltd. (Corporate guarantee from Govt of India) CRISIL - AAA(SO) 0.07Sub Total 77.64Total 91.49MONEY MARKET INSTRUMENTSCDBank of Baroda CRISIL - A1+ 1.32National Bank for Agriculture & Rural Development CRISIL - A1+ / IND - A1+ 0.99Small Industries Development Bank CARE - A1+ 0.83Sub Total 3.14Cash, Cash equivalents and Net Current Assets 5.37Grand Total 100.00• Top Ten Holdings, £ Co-sponsor
Outstanding exposure in derivative instruments Interest Rate Swap (` in Crore) 1,000.00
^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance. Note: Effective close of business hours of May 8, 2018, HDFC Medium Term Opportunities Fund (HMTOF) underwent changes in Fundamental Attributes and was renamed as HDFC Corporate Bond Fund (HCBF) and HDFC Floating Rate Income Fund – Long Term Plan and HDFC Gilt Fund – Short Term Plan were merged therein. As the portfolio structuring of HCBF closely resembles the erstwhile HMTOF, the past performance of HMTOF is provided, in line with SEBI circular on Performance disclosure post consolidation/ merger of scheme dated April 12, 2018.
Portfolio Classification By Asset Class (%)
n G-Sec, SDL 13.85
n CD 3.14
n Credit exposure 77.64
n Cash, Cash equivalents and Net Current Assets 5.37
Portfolio Classification By Rating Class (%)
n Sovereign 13.85n AAA/AAA(SO)/A1+/A1+(SO)
& equivalent 80.78n Cash, Cash equivalents and
Net Current Assets 5.37
(An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds)HDFC Corporate Bond Fund
PORTFOLIO
April 2020 39
CATEgORY OF SCHEME: CREDIT RISK FUND
KEY FACTS
INVESTMENT OBjECTIVE
To generate income/capital appreciation by investing predominantly in AA and below rated corporate debt.
There is no assurance that the investment objective of the Scheme will be realized.
FUND MANAgER ¥
Shobhit Mehrotra (since March 25, 2014)
Total Experience: Over 25 years
INCEPTION DATE (Date of Allotment)
March 25, 2014
NAV (AS ON APRIL 30, 2020) NAV PER UNIT (`)
Regular Plan - Growth Option 16.2897Regular Plan - Dividend Option 14.9993Regular Plan - quarterly Dividend Option 10.1940Direct Plan - Growth Option 17.0764Direct Plan - Dividend Option 14.9687Direct Plan - quarterly Dividend Option 10.3172
ASSETS UNDER MANAgEMENT (`) IN CRORE
As on April 30, 2020 8,435.69Average for Month of April 2020 12,236.78
qUANTITATIVE DATA
Average Maturity * 2.83 yearsMacaulay Duration * 2.24 yearsModified Duration * 2.07 yearsYield to Maturity * 10.90%* Computed on the invested amount.
#BENCHMARK INDEX: NIFTY Credit Risk Bond Index
##ADDl. BENCHMARK INDEX: CRISIL 10 year Gilt Index
TOTAL ExPENSE RATIO (As on April 30, 2020)Including Additional expenses and Goods and Service Tax on Management Fees
Regular: 1.54% Direct: 1.08%
EXIT lOAD
l In respect of each purchase / switch-in of Units, 15% of the units (“the limit”) may be redeemed without any exit Load from the date of allotment
l Any redemption in excess of the above limit shall be subject to the following exit load:
n In respect of each purchase / switch-in of Units, an exit Load of 1.00% is payable if Units are redeemed / switched-out within 12 months from the date of allotment
n In respect of each purchase / switch-in of Units, an exit Load of 0.50% is payable if Units are redeemed / switched-out after 12 months but within 18 months from the date of allotment
l No exit Load is payable if Units are redeemed / switched-out after 18 months from the date of allotment
For further details, please refer to para ‘Exit Load’ on Pg 54.
PLANS & OPTIONS
Regular Plan, Direct Plan. Under each Plan: Growth, quarterly Dividend and Normal Dividend. Both Dividend options offers Payout and Reinvestment facilities.
MINIMUM APPlICATION AMOUNT
Purchase : ` 5,000 and any amount thereafter. Additional Purchase : ` 1,000 and any amount thereafter.
¥ Dedicated Fund Manager for Overseas Investments: Mr. Chirag Dagli (since July 22, 2019) (Total Experience: Over 18 years).
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 6.67 8.43 15.17 10,667 10,843 11,517Apr 28, 17 Last 3 Years 6.15 7.61 7.52 11,965 12,469 12,438Apr 30, 15 Last 5 Years 7.56 8.50 8.22 14,402 15,046 14,851Mar 25, 14 Since Inception 8.32 9.00 9.08 16,290 16,921 16,996
The above returns are for Regular Plan - Growth Option. Returns greater than 1 year period are compounded annualized (CAGR). Performance of dividend option under the schemes for the investors would be net of Dividend Distribution Tax as applicable. Load is not taken into consideration for computation of performance. For performance of other schemes managed by Shobhit Mehrotra, please refer page 54. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 62.
This product is suitable for investors who are seeking ~
l income over short to medium terml to generate income/capital appreciation by investing
predominantly in AA and below rated corporate debt (excluding AA+ rated corporate bonds)
Riskometer
Investors understand that their principal will be at moderate risk
~ Investors should consult their financial advisers, if in doubt about whether the product is suitable for them.
Note: Effective close of business hours of May 8, 2018, HDFC Corporate Debt Opportunities Fund (HCDOF) underwent changes in Fundamental Attributes and was renamed as HDFC Credit Risk Debt Fund (HCRDF) and HDFC Regular Savings Fund was merged therein. As the portfolio structuring of HCRDF closely resembles the erstwhile HCDOF, the past performance of HCDOF is provided, in line with SeBI circular on Performance disclosure post consolidation/ merger of scheme dated April 12, 2018.
Portfolio Classification By Asset Class (%)
n Credit exposure 87.72
n Cash, Cash equivalents and Net Current Assets 12.28
Portfolio Classification By Issuer Rating Class (%) ≈
n AAA/AAA(SO)/A1+/A1+(SO) & equivalent 25.67
n AA+ 0.34n AA/AA- 39.00n A+ & Below 22.71n Cash, Cash equivalents and
Net Current Assets 12.28
[An open ended debt scheme predominantly investing in AA andbelow rated corporate bonds (excluding AA+ rated corporate bonds)]HDFC Credit Risk Debt Fund
PORTFOLIO
Company Industry+ / Security Rating
Issuer Rating % to NAV
DEBT & DEBT RElATED
CREDIT EXPOSURE
• Vedanta Ltd. CRISIL - AA CRISIL - AA 8.18
• Shriram City Union Finance Ltd. CRISIL - AA CRISIL - AA 5.53
Indostar Capital Finance Ltd. CARe - AA- CARe - AA- 0.57
Simplex Infrastructures Ltd. CARe - D CARe - D 0.45
Inox Air Products Pvt. Ltd. CRISIL - AA+ CARe - AA 0.38
Company Industry+ / Security Rating
Issuer Rating % to NAV
Travis March 2019 (Trust) (PTC of pools from Muthoot Capital Services Ltd.) CRISIL - AA(SO) CRISIL - AA(SO) 0.35
Shriram Transport Finance Company Ltd. CRISIL - AA+ / IND - AA+ CRISIL - AA+ 0.34
Power Grid Corporation of India Ltd. CRISIL - AAA CRISIL - AAA 0.32
Tata Projects Ltd. IND - AA IND - AA 0.29
Hazaribagh Ranchi expressway Ltd. (NHAI Annuity) CARe - D CARe - D 0.25
Mobil Trust Series 01 (PTC of pools from Shriram City Union Finance Ltd.) CRISIL - AAA(SO) CRISIL - AAA(SO) 0.19
Tata Sons Ltd. CRISIL - AAA CRISIL - AAA 0.05
edisons Infrapower & Multiventures Pvt. Ltd. (Secured with shares of Zee entertainment enterprise Ltd. & Dish TV Ltd.) BRICKWORKS - B BRICKWORKS - B 0.04
JM Financial Credit Solutions Ltd. ICRA - AA CRISIL - AA 0.04
Primat Infrapower & Multiventures Pvt. Ltd. (Secured with shares of Zee entertainment enterprise Ltd. & Dish TV Ltd.) BRICKWORKS - B BRICKWORKS - B 0.04
Motilal Oswal Home Fin Ltd. (Erst Aspire Home Fin) (Subsidiary of Motilal Oswal Financial Services Ltd.) CRISIL - AA- ICRA - A+ 0.02
Hinduja Leyland Finance Ltd. CARe - AA- CARe - AA- 0.01
Sub Total 87.72
Cash, Cash equivalents and Net Current Assets 12.28
Grand Total 100.00
• Top Ten Holdings
^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
Face Value per Unit: ̀ 10 unless otherwise specified, + Industry Classification as recommended by AMFI, CD - Certificate of Deposit; CP - Commercial Papers, Data is as of April 30, 2020 unless otherwise specified.
[An open ended debt scheme predominantly investing in AA and below rated corporate bonds (excluding AA+ rated corporate bonds)] .....Contd from previous pageHDFC Credit Risk Debt Fund
PORTFOLIO
April 2020 41
CATEgORY OF SCHEME: BANKING AND PSU FUND
KEY FACTSINVESTMENT OBjECTIVETo 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.
There is no assurance that the investment objective of the Scheme will be realized.
FUND MANAgER ¥
Anil Bamboli (since March 26, 2014)
Total Experience: Over 23 years
INCEPTION DATE (Date of Allotment)March 26, 2014
NAV (AS ON APRIL 30, 2020) NAV PER UNIT (`)Regular Plan - Growth Option 16.4209Regular Plan - Dividend Option 10.1894Direct Plan - Growth Option 16.7296Direct Plan - Dividend Option 10.2472
ASSETS UNDER MANAgEMENT (`) IN CROREAs on April 30, 2020 5,791.29Average for Month of April 2020 5,155.11
qUANTITATIVE DATAAverage Maturity * 3.37 yearsMacaulay Duration * 2.81 yearsModified Duration * 2.63 yearsYield to Maturity * 7.87%* Computed on the invested amount.
TOTAL ExPENSE RATIO (As on April 30, 2020)Including Additional expenses and Goods and Service Tax on Management FeesRegular: 0.81% Direct: 0.36%
#BENCHMARK INDEX: NIFTY Banking & PSU Index
##ADDl. BENCHMARK INDEX: CRISIL 1 year T-Bill Index
EXIT lOADNil
PLANS & OPTIONSRegular Plan, Direct Plan. Under each Plan: Growth & Dividend Option (Weekly frequency). The Dividend Option offers Dividend Payout and Reinvestment facility.
MINIMUM APPlICATION AMOUNTPurchase : ` 5,000 and any amount thereafter. Additional Purchase : ` 1,000 and any amount thereafter.
¥ Dedicated Fund Manager for Overseas Investments: Mr. Chirag Dagli (since July 22, 2019) (Total Experience: Over 18 years).
Face Value per Unit: ` 10 unless otherwise specified, Data is as of April 30, 2020 unless otherwise specified.
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.18 10.23 8.37 10,918 11,023 10,837Apr 28, 17 Last 3 Years 7.38 7.44 7.27 12,388 12,410 12,351Apr 30, 15 Last 5 Years 8.15 7.83 7.29 14,799 14,585 14,220Mar 26, 14 Since Inception 8.47 8.45 7.51 16,421 16,401 15,556
The above returns are for Regular Plan - Growth Option. Returns greater than 1 year period are compounded annualized (CAGR). Performance of dividend option under the schemes for the investors would be net of Dividend Distribution Tax as applicable. For performance of other schemes managed by Anil Bamboli, please referpage 48. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 66.
This product is suitable for investors who are seeking ~
l income over short to medium term.l 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
Riskometer
Investors understand that their principal will be at moderate risk
~ Investors should consult their financial advisers, if in doubt about whether the product is suitable for them.
Issuer Rating % to NAV
DEBT & DEBT RElATED
CREDIT EXPOSURE
• National Bank for Agriculture & Rural Development
CRISIL - AAA / ICRA - AAA 8.25
• Housing and Urban Development Corporation Ltd. CARe - AAA 7.52
• REC Ltd. CRISIL - AAA / IND - AAA 6.95
• Power Finance Corporation Ltd. CARe - AAA / CRISIL - AAA / ICRA - AAA 6.75
• National Highways Authority of India CRISIL - AAA 5.37
• Indian Railways Finance Corporation Ltd. CRISIL - AAA 4.70
• Union Bank of India CARe - AA- / IND - AA 4.19
• Bank of Baroda CARe - AA / CARe - AA- / CARE - AAA / CRISIL - AA+ 4.13
• Mahanagar Telephone Nigam Ltd. (Corporate
guarantee from Govt of India)CRISIL - AAA / CRISIL - AAA(SO) 3.52
• Power Grid Corporation of India Ltd. CRISIL - AAA 3.48
State Bank of India CRISIL - AA+ / CRISIL - AAA 3.46
Food Corporation of India (Corporate guarantee from Govt of India) CRISIL - AAA(SO) 3.31
LIC Housing Finance Ltd. CRISIL - AAA 2.70
Canara Bank CARE - A+ 2.58
IDBI Bank Ltd. CRISIL - A+ 2.57
Vedanta Ltd. CRISIL - AA 2.37
Reliance Industries Ltd. CRISIL - AAA 1.85
Housing Development Finance Corporation Ltd.£ CRISIL - AAA 1.74
ONGC Petro additions Ltd. (OPAL) (Put on ONGC Ltd.) CARe - AAA(Ce) 1.30
Nabha Power Ltd. (Corporate Guarantee of L&T Ltd.) ICRA - AAA 1.28
Issuer Rating % to NAV
Sikka Port and Terminal Ltd. (erstwhile Reliance Ports and Terminals Ltd.) CRISIL - AAA 1.27
Andhra Bank CARE - A+ 1.20
export - Import Bank of India CRISIL - AAA 1.20
Small Industries Development Bank CARe - AAA 0.89
NTPC Ltd. CRISIL - AAA 0.87
L&T Housing Finance Ltd. CRISIL - AAA 0.86
L&T Infrastructure Finance Ltd. CRISIL - AAA 0.86
TATA Capital Housing Finance Ltd. CRISIL - AAA 0.86
TMF Holdings Ltd. (Subsidiary of Tata Motors Ltd.) ICRA - AA- 0.45
NHPC Ltd. ICRA - AAA 0.44
Shriram Transport Finance Company Ltd. IND - AA+ 0.40
Aashman energy Pvt. Ltd. (Greenko) CARE - AA-(SO) 0.18
Divyesh Power Pvt. Ltd. (Greenko) CARE - AA-(SO) 0.18
elena Renewable energy Pvt. Ltd. (Greenko) CARE - AA-(SO) 0.18
Pratyash Renewable Pvt. Ltd. (Greenko) CARE - AA-(SO) 0.18
SeI Baskara Power Pvt. Ltd. (Greenko) CARE - AA-(SO) 0.18
SeI enerstar Renewable energy Pvt. Ltd. (Greenko) CARE - AA-(SO) 0.18
SeI Mihir energy Pvt. Ltd. (Greenko) CARE - AA-(SO) 0.18
Shreyas Renewable energy Pvt. Ltd. (Greenko) CARE - AA-(SO) 0.18
Zuvan energy Pvt. Ltd. (Greenko) CARE - AA-(SO) 0.18
Hazaribagh Ranchi expressway Ltd. (NHAI Annuity) CARe - D 0.07
Sub Total 94.76
Cash, Cash equivalents and Net Current Assets 5.24
Grand Total 100.00
• Top Ten Holdings, £ Co-sponsor
Outstanding exposure in derivative instruments Interest Rate Swap (` in Crore) 75.00
^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
Portfolio Classification By Asset Class (%)
n Credit exposure 94.76
n Cash, Cash equivalents and Net Current Assets 5.24
Portfolio Classification By Rating Class (%)
n AAA/AAA(SO)/A1+/A1+(SO) & equivalent 72.82
n AA+ 0.99n AA/AA- 13.16n A+ & Below 7.79n Cash, Cash equivalents and
Net Current Assets 5.24
(An open ended debt scheme predominantly investing in debt instruments of banks, public sector undertakings, public financial institutions and municipal bonds)HDFC Banking and PSU Debt Fund
PORTFOLIO
42 April 2020
CATEgORY OF SCHEME: GILT FUND
KEY FACTSINVESTMENT OBjECTIVE
To generate credit risk-free returns through investments in sovereign securities issued by the Central Government and/or State Government.
There is no assurance that the investment objective of the Scheme will be realized.
FUND MANAgER ¥
Anil Bamboli (since September 1, 2007)
Total Experience: Over 23 years
INCEPTION DATE (Date of Allotment)
July 25, 2001
NAV (AS ON APRIL 30, 2020) NAV PER UNIT (`)
Regular Plan - Growth Option 41.5777Regular Plan - Dividend Option 11.8193Direct Plan - Growth Option 42.7927Direct Plan - Dividend Option 12.2671
ASSETS UNDER MANAgEMENT (`) IN CRORE
As on April 30, 2020 1,646.86Average for Month of April 2020 1,263.91
qUANTITATIVE DATA
Average Maturity * 5.40 yearsMacaulay Duration * 4.13 yearsModified Duration * 3.99 yearsYield to Maturity * 5.54%* Computed on the invested amount.
TOTAL ExPENSE RATIO (As on April 30, 2020)Including Additional expenses and Goods and Service Tax on Management Fees
Regular: 0.89% Direct: 0.49%
#BENCHMARK INDEX: CRISIL Dynamic Gilt Index
##ADDl. BENCHMARK INDEX: CRISIL 10 year Gilt Index
EXIT lOAD
Nil
PLANS & OPTIONS
Regular Plan, Direct Plan. Under both the Plans: Growth & Dividend Option (Dividend Option offers Dividend Payout and Reinvestment facility.
MINIMUM APPlICATION AMOUNT
Purchase : ` 5,000 and any amount thereafter. Additional Purchase : ` 1,000 and any amount thereafter.
¥ Dedicated Fund Manager for Overseas Investments: Mr. Chirag Dagli (since July 22, 2019) (Total Experience: Over 18 years).
Face Value per Unit: ` 10 unless otherwise specified, Data is as of April 30, 2020 unless otherwise specified.
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 11.63 14.89 15.17 11,163 11,489 11,517Apr 28, 17 Last 3 Years 7.25 8.58 7.52 12,343 12,811 12,438Apr 30, 15 Last 5 Years 7.94 8.81 8.22 14,656 15,263 14,851Jul 25, 01 Since Inception 7.88 8.51 N.A. 41,578 46,385 N.A.
Returns greater than 1 year period are compounded annualized (CAGR). N.A. Not Available. Performance of dividend option under the schemes for the investors would be net of Dividend Distribution Tax as applicable. For performance of other schemes managed by Anil Bamboli, please refer page 54. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 65.
This product is suitable for investors who are seeking ~
l credit risk free returns over medium to long term
l to generate credit risk-free returns through investments in sovereign securities issued by the Central Government and / or State Government
Riskometer
Investors understand that their principal will be at moderate risk
~ Investors should consult their financial advisers, if in doubt about whether the product is suitable for them. ^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
Portfolio Classification By Asset Class (%)
n G-Sec, SDL 79.89
n Cash, Cash equivalents and Net Current Assets 20.11
Portfolio Classification By Rating Class (%)
n Sovereign 79.89n Cash, Cash equivalents and
Net Current Assets 20.11
(An open ended debt scheme investing in government securities across maturities)HDFC Gilt Fund
Issuer Rating % to NAV
DEBT & DEBT RElATED
gOVERNMENT SECURITIES (CENTRAl/STATE)
• 7.17 GOI 2028 Sovereign 15.33
• 7.26 GOI 2029 Sovereign 13.52
• 6.79 GOI 2029 Sovereign 6.57
• 6.79 GOI 2027 Sovereign 4.72
• 7.59 GOI 2026 Sovereign 4.60
• 6.97 GOI 2026 Sovereign 4.15
• 8.60% Madhya Pradesh SDL - Mat 230123 Sovereign 3.28
• 8.59% Andhra Pradesh SDL - Mat 230123 Sovereign 3.27
• 8.21% Haryana SDL (UDAY) - Mat 310323 Sovereign 3.24
• 8.61% Uttar Pradesh SDL (UDAY) - Mat 210322 Sovereign 2.46
6.45 GOI 2029 Sovereign 2.18
7.57 GOI 2033 Sovereign 1.99
8.2 GOI 2025 Sovereign 1.68
8.60% Rajasthan SDL- Mat 061128 Sovereign 1.68
7.72 GOI 2025 Sovereign 1.65
Issuer Rating % to NAV
7.83% Maharashtra SDL - ISD 080420 Mat 080430 Sovereign 1.63
7.73% Gujarat SDL - ISD 070420 Mat 080429 Sovereign 1.61
8.21% Haryana SDL - Mat 310322 Sovereign 1.60
8.39% Rajasthan SDL - Mat 150322 Sovereign 1.60
7.27 GOI 2026 Sovereign 1.30
8.66% Maharashtra SDL - Mat 250122 Sovereign 0.96
8.24 GOI 2033 Sovereign 0.29
7.73 GOI 2034 Sovereign 0.20
7.37 GOI 2023 Sovereign 0.16
7.95 GOI 2032 Sovereign 0.08
7.32 GOI 2024 Sovereign 0.07
8.97 GOI 2030 Sovereign 0.07
Sub Total 79.89
Cash, Cash equivalents and Net Current Assets 20.11
Grand Total 100.00
• Top Ten Holdings
Outstanding exposure in derivative instruments Interest Rate Swap (` in Crore) 60.00
PORTFOLIO
April 2020 43
CATEgORY OF SCHEME: DYNAMIC BOND FUND
KEY FACTSINVESTMENT OBjECTIVE
To generate income / capital appreciation by investing in a range of debt and money market instruments.
There is no assurance that the investment objective of the Scheme will be realized.
FUND MANAgER ¥
Anil Bamboli (since February 16, 2004)
Total Experience: Over 23 years
INCEPTION DATE (Date of Allotment)
April 28, 1997
NAV (AS ON APRIL 30, 2020) NAV PER UNIT (`)
Regular Plan - Growth Option 63.4069Regular Plan - quarterly Dividend Option 11.5187Regular Plan - Half-Yearly Dividend Option 10.9285Regular Plan - Yearly Dividend Option 12.3291Regular Plan - Normal Dividend Option 13.5837Direct Plan - Growth Option 66.9669Direct Plan - quarterly Dividend Option 12.2549Direct Plan - Half-Yearly Dividend Option 12.1550Direct Plan - Yearly Dividend Option 13.1410Direct Plan - Normal Dividend Option 14.1003
ASSETS UNDER MANAgEMENT (`) IN CRORE
As on April 30, 2020 510.96Average for Month of April 2020 554.09
qUANTITATIVE DATA
Average Maturity * 4.16 yearsMacaulay Duration * 3.27 yearsModified Duration * 3.10 yearsYield to Maturity * 7.20%* Computed on the invested amount.
TOTAL ExPENSE RATIO (As on April 30, 2020)Including Additional expenses and Goods and Service Tax on Management Fees
Regular: 1.77% Direct: 1.01%
#BENCHMARK INDEX: CRISIL Dynamic Debt Index
##ADDl. BENCHMARK INDEX: CRISIL 10 year Gilt Index
EXIT lOAD
l In respect of each purchase / switch-in of Units, an exit Load of 0.50% is payable if Units are redeemed / switched-out within 6 months from the date of allotment.
l No exit Load is payable if Units are redeemed / switched-out after 6 months from the date of allotment.
For further details, please refer to para ‘Exit Load’ on Pg 54.
PLANS & OPTIONS
Regular Plan, Direct Plan. Under each Plan: Growth, Normal Dividend, quarterly Dividend, Half Yearly Dividend, & Yearly Dividend. All Dividend Options offer Payout and Reinvestment facility.
MINIMUM APPlICATION AMOUNT
Purchase : ` 5,000 and any amount thereafter. Additional Purchase : ` 1,000 and any amount thereafter.
¥ Dedicated Fund Manager for Overseas Investments: Mr. Chirag Dagli (since July 22, 2019) (Total Experience: Over 18 years).
Face Value per Unit: ` 10 unless otherwise specified, Data is as of April 30, 2020 unless otherwise specified.
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 7.34 13.11 15.17 10,734 11,311 11,517Apr 28, 17 Last 3 Years 3.86 8.15 7.52 11,208 12,656 12,438Apr 30, 15 Last 5 Years 5.67 8.67 8.22 13,181 15,163 14,851Apr 28, 97 Since Inception 8.35 N.A. N.A. 63,407 N.A. N.A.
Returns greater than 1 year period are compounded annualized (CAGR). N.A. Not Available. Performance of dividend option under the schemes for the investors would be net of Dividend Distribution Tax as applicable. For performance of other schemes managed by Anil Bamboli, please refer page 54. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 65.
This product is suitable for investors who are seeking ~
l income over medium to long term
l to generate income / capital appreciation by investing in a range of debt and money market instruments
Riskometer
Investors understand that their principal will be at moderate risk
~ Investors should consult their financial advisers, if in doubt about whether the product is suitable for them.
^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
Portfolio Classification By Asset Class (%)
n G-Sec, SDL 39.68
n Credit exposure 55.99
n Cash, Cash equivalents and Net Current Assets 4.33
(An open ended dynamic debt scheme investing across duration)HDFC Dynamic Debt Fund
Issuer Rating % to NAV
DEBT & DEBT RElATED
gOVERNMENT SECURITIES (CENTRAl/STATE)
• 7.26 GOI 2029 Sovereign 8.30
• 7.17 GOI 2028 Sovereign 7.21
• 8.39% Rajasthan SDL - Mat 150322 Sovereign 5.15
• 6.45 GOI 2029 Sovereign 5.01
8.21% Haryana SDL - Mat 310322 Sovereign 4.52
6.79 GOI 2029 Sovereign 4.03
7.42% Maharashtra SDL - Mat 110522 Sovereign 2.04
8.68% Gujarat SDL - Mat 060223. Sovereign 1.06
7.32 GOI 2024 Sovereign 1.05
6.97 GOI 2026 Sovereign 1.03
GOI 2023 Sovereign 0.15
8.26% Maharashtra SDL - ISD 120815 Mat 120825 Sovereign 0.13
8.19% Rajasthan SDL (UDAY Scheme- Strip Ix ) - ISD 230616 Mat 230626 Sovereign @
Sub Total 39.68
Issuer Rating % to NAV
CREDIT EXPOSURE
• Reliance Industries Ltd. CRISIL - AAA 9.37
• Union Bank of India CARe - AA- 9.18
• Hazaribagh Ranchi expressway Ltd. (NHAI Annuity) CARe - D 7.93
• Canara Bank CARE - A+ 6.59
• State Bank of India CRISIL - AAA 5.20
• Vedanta Ltd. CRISIL - AA 4.74
Mahanagar Telephone Nigam Ltd. (Corporate guarantee from Govt of India) CARE - AAA(SO) 3.18
LIC Housing Finance Ltd. CRISIL - AAA 3.07
Jamnagar Utilities & Power Pvt. Ltd. (erstwhile Reliance Utilities & Power Pvt. Ltd.) CRISIL - AAA 2.86
Punjab National Bank IND - A 2.74
The Tata Power Company Ltd. CRISIL - AA- 0.99
NTPC Ltd. CRISIL - AAA 0.14
Sub Total 55.99
Total 95.67
Cash, Cash equivalents and Net Current Assets 4.33
Grand Total 100.00
• Top Ten Holdings, @ less than 0.01%
Outstanding exposure in derivative instruments Interest Rate Swap (` in Crore) 65.00
PORTFOLIO
44 April 2020
CATEgORY OF SCHEME: MEDIUM TO LONG DURATION FUND
KEY FACTS
INVESTMENT OBjECTIVE
To generate income / capital appreciation through investments in debt and money market instruments.There is no assurance that the investment objective of the Scheme will be realized.
FUND MANAgER ¥
Shobhit Mehrotra (since September 11, 2007)
Total Experience: Over 25 years
INCEPTION DATE (Date of Allotment)
September 11, 2000
NAV (AS ON APRIL 30, 2020) NAV PER UNIT (`)
Regular Plan - Growth Option 44.1255Regular Plan - quarterly Dividend Option 11.2333Regular Plan - Normal Dividend Option 13.9142Direct Plan - Growth Option 46.5287Direct Plan - quarterly Dividend Option 11.9643Direct Plan - Normal Dividend Option 14.7142
ASSETS UNDER MANAgEMENT (`) IN CRORE
As on April 30, 2020 567.81Average for Month of April 2020 578.47
qUANTITATIVE DATA
Average Maturity * 6.31 yearsMacaulay Duration * 4.69 yearsModified Duration * 4.48 yearsYield to Maturity * 7.64%* Computed on the invested amount for debt portfolio.
TOTAL ExPENSE RATIO (As on April 30, 2020)Including Additional expenses and Goods and Service Tax on Management Fees
Regular: 2.26% Direct: 1.75%
#BENCHMARK INDEX: NIFTY Medium to Long Duration Debt Index
##ADDl. BENCHMARK INDEX: CRISIL 10 year Gilt Index
EXIT lOAD
l In respect of each purchase / switch-in of Units, an exit Load of 0.25% is payable if Units are redeemed / switched-out within 1 month from the date of allotment.
l No exit Load is payable if Units are redeemed / switched-out after 1 month from the date of allotment.
For further details, please refer to para ‘Exit Load’ on Pg 54.
PLANS & OPTIONS
Regular Plan, Direct Plan. Under each Plan : Growth, quarterly Dividend & Normal Dividend. Both Dividend Options offer Payout and Reinvestment facility.
MINIMUM APPlICATION AMOUNT
Purchase : ` 5,000 and any amount thereafter.Additional Purchase : ` 1,000 and any amount thereafter.
¥ Dedicated Fund Manager for Overseas Investments: Mr. Chirag Dagli (since July 22, 2019) (Total Experience: Over 18 years).
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.91 13.91 15.17 10,991 11,391 11,517Apr 28, 17 Last 3 Years 5.82 7.99 7.52 11,855 12,601 12,438Apr 30, 15 Last 5 Years 6.67 8.35 8.22 13,818 14,937 14,851Sep 11, 00 Since Inception 7.85 N.A. N.A. 44,126 N.A. N.A.
Returns greater than 1 year period are compounded annualized (CAGR). N.A. Not Available. Performance of dividend option under the schemes for the investors would be net of Dividend Distribution Tax as applicable. For performance of other schemes managed by Shobhit Mehrotra, please refer page 54. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 62.
Face Value per Unit: ` 10 unless otherwise specified, Data is as of April 30, 2020 unless otherwise specified.
This product is suitable for investors who are seeking ~
l income over medium to long term
l to generate income / capital appreciation through investments in debt and money market instruments
Riskometer
Investors understand that their principal will be at moderate risk
~ Investors should consult their financial advisers, if in doubt about whether the product is suitable for them.
^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
Portfolio Classification By Asset Class (%)
n G-Sec 45.04
n Credit exposure 48.42
n Cash, Cash equivalents and Net Current Assets 6.54
[An open ended medium term debt scheme investing in instruments such that the Macaulay Duration of the Portfolio is between 4 years and 7 years (Refer page 2 for definition of Macaulay Duration)]HDFC Income Fund
Issuer Rating % to NAV
DEBT & DEBT RElATED
gOVERNMENT SECURITIES (CENTRAl/STATE)
• 7.57 GOI 2033 Sovereign 13.46
• 6.79 GOI 2027 Sovereign 10.95
• 7.26 GOI 2029 Sovereign 5.60
• 6.97 GOI 2026 Sovereign 4.63
6.79 GOI 2029 Sovereign 3.63
6.45 GOI 2029 Sovereign 3.61
GOI 2023 Sovereign 1.14
7.17 GOI 2028 Sovereign 0.93
8.2 GOI 2025 Sovereign 0.62
7.95 GOI 2032 Sovereign 0.47
9.15 GOI 2024 Sovereign @
Sub Total 45.04
Issuer Rating % to NAV
CREDIT EXPOSURE
• The Tata Power Company Ltd. CRISIL - AA- 8.91
• Punjab National Bank IND - A 6.68
• State Bank of India CRISIL - AA+ 4.81
• Indian Railways Finance Corporation Ltd. CRISIL - AAA 4.74
• NTPC Ltd. CRISIL - AAA 4.72
• Export - Import Bank of India CRISIL - AA+ 4.37
Vedanta Ltd. CRISIL - AA 4.16
Power Finance Corporation Ltd. CRISIL - AAA 3.84
IndInfravit Trust CRISIL - AAA 3.52
ReC Ltd. CRISIL - AAA 1.83
Union Bank of India CARe - AA- 0.84
Sub Total 48.42
Total 93.46
Cash, Cash equivalents and Net Current Assets 6.54
Grand Total 100.00
• Top Ten Holdings, @ less than 0.01%
PORTFOLIO
April 2020 45
CATEgORY OF SCHEME: MEDIUM DURATION FUND
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 7.68 11.59 8.37 10,768 11,159 10,837Apr 28, 17 Last 3 Years 6.58 7.95 7.27 12,114 12,587 12,351Apr 30, 15 Last 5 Years 7.49 8.31 7.29 14,356 14,912 14,220Feb 06, 02 Since Inception 7.86 7.95 6.19 39,737 40,360 29,884
Returns greater than 1 year period are compounded annualized (CAGR). N.A. Not Available. Performance of dividend option under the schemes for the investors would be net of Dividend Distribution Tax as applicable. For performance of other schemes managed by Shobhit Mehrotra, please refer page 54. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 62.
KEY FACTS
INVESTMENT OBjECTIVE
To generate income / capital appreciation through investments in Debt and Money Market Instruments.
There is no assurance that the investment objective of the Scheme will be realized.
FUND MANAgER ¥
Shobhit Mehrotra (since September 1, 2007)
Total Experience: Over 25 years
INCEPTION DATE (Date of Allotment)
February 6, 2002
NAV (AS ON APRIL 30, 2020) NAV PER UNIT (`)
Regular Plan - Growth Option 39.7367Regular Plan - Dividend Option 15.0761Regular Plan - Fortnightly Dividend Option 10.4131Direct Plan - Growth Option 41.5450Direct Plan - Dividend Option 15.5515Direct Plan - Fortnightly Dividend Option 10.4556
ASSETS UNDER MANAgEMENT (`) IN CRORE
As on April 30, 2020 1,134.93Average for Month of April 2020 1,287.65
qUANTITATIVE DATA
Average Maturity * 4.55 yearsMacaulay Duration * 3.54 yearsModified Duration * 3.33 yearsYield to Maturity * 9.49%* Computed on the invested amount.
TOTAL ExPENSE RATIO (As on April 30, 2020)Including Additional expenses and Goods and Service Tax on Management Fees
Regular: 1.29% Direct: 0.49%
#BENCHMARK INDEX: NIFTY Medium Duration Debt Index
##ADDl. BENCHMARK INDEX: CRISIL 1 year T-Bill Index
EXIT lOAD
Nil
PLANS & OPTIONS
Regular Plan, Direct Plan. Under both the Plans : Growth, Normal Dividend & Fortnightly Dividend. Both Dividend Options offer Payout and Reinvestment facility.
MINIMUM APPlICATION AMOUNT
Purchase : ` 5,000 and any amount thereafter. Additional Purchase : ` 1,000 and any amount thereafter.
¥ Dedicated Fund Manager for Overseas Investments: Mr. Chirag Dagli (since July 22, 2019) (Total Experience: Over 18 years).
Face Value per Unit: ` 10 unless otherwise specified, Data is as of April 30, 2020 unless otherwise specified.
This product is suitable for investors who are seeking ~
l income over medium terml to generate income / capital appreciation through
investments in Debt and Money Market Instruments
Riskometer
Investors understand that their principal will be at moderate risk
~ Investors should consult their financial advisers, if in doubt about whether the product is suitable for them. ^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
[An open ended medium term debt scheme investing in instruments such that the Macaulay Duration of the portfolio is between 3 years and 4 years (Refer page 2 for definition of Macaulay Duration)]HDFC Medium Term Debt Fund
Issuer Rating % to NAV
DEBT & DEBT RElATED
gOVERNMENT SECURITIES (CENTRAl/STATE)
• 7.26 GOI 2029 Sovereign 6.07
• 6.97 GOI 2026 Sovereign 4.17
7.57 GOI 2033 Sovereign 2.89
6.79 GOI 2027 Sovereign 1.37
6.45 GOI 2029 Sovereign 0.90
Sub Total 15.40
CREDIT EXPOSURE
• TATA Housing Development Company Ltd. CARe - AA 7.38
• Vedanta Ltd. CRISIL - AA 6.92
• Shriram City Union Finance Ltd. CRISIL - AA 5.95
• Power Finance Corporation Ltd. CRISIL - AAA 5.76
Indian Railways Finance Corporation Ltd. CRISIL - AAA 2.82
Copeland Jan 2020 (PTC of pools from Muthoot Capital Services Ltd.) CRISIL - AA(SO) 2.71
NHPC Ltd. CARe - AAA 2.37
The Tata Power Company Ltd. CRISIL - AA- 2.24
TATA International Ltd. CARe - A 2.19
Punjab National Bank IND - A 2.05
JM Financial Asset Reconstruction Company Ltd. ICRA - AA- 1.99
GeRA Development Pvt. Ltd. CARe - AA- 1.35
IndInfravit Trust CRISIL - AAA 1.32
Issuer Rating % to NAV
Coastal Gujarat Power Ltd. (Corporate Guarantee of Tata Power) CARE - AA(SO) 1.01
Talwandi Sabo Power Ltd. (Corporate Guarantee of Vedanta Ltd.) CRISIL - AA(SO) 0.98
ReC Ltd. CRISIL - AAA 0.92
Andhra Bank CARE - A+ 0.87
Mobil Trust Series 01 (PTC of pools from Shriram City Union Finance Ltd.) CRISIL - AAA(SO) 0.77
Union Bank of India CARe - AA- 0.42
Aarish Solar Power Pvt. Ltd. (Greenko) CARE - AA-(SO) 0.36
Aashman energy Pvt. Ltd. (Greenko) CARE - AA-(SO) 0.36
Divyesh Power Pvt. Ltd. (Greenko) CARE - AA-(SO) 0.36
elena Renewable energy Pvt. Ltd. (Greenko) CARE - AA-(SO) 0.36
Pratyash Renewable Pvt. Ltd. (Greenko) CARE - AA-(SO) 0.36
SeI Baskara Power Pvt. Ltd. (Greenko) CARE - AA-(SO) 0.36
SeI enerstar Renewable energy Pvt. Ltd. (Greenko) CARE - AA-(SO) 0.36
SeI Mihir energy Pvt. Ltd. (Greenko) CARE - AA-(SO) 0.36
Shreyas Renewable energy Pvt. Ltd. (Greenko) CARE - AA-(SO) 0.36
Zuvan energy Pvt. Ltd. (Greenko) CARE - AA-(SO) 0.36
Tata Motors Ltd. CARe - AA- 0.12
Indiabulls Housing Finance Ltd. CRISIL - AA 0.07
Sub Total 71.75
Total 87.15
Cash, Cash equivalents and Net Current Assets 12.85
Grand Total 100.00
• Top Ten Holdings
PORTFOLIO
Portfolio Classification By Asset Class (%)
n G-Sec 15.40
n Credit exposure 71.75
n Cash, Cash equivalents and Net Current Assets 12.85
Portfolio Classification By Rating Class (%)
n Sovereign 15.40n AAA/AAA(SO)/A1+/A1+(SO) &
equivalent 27.57n AA/AA- 39.07n A+ & Below 5.11n Cash, Cash equivalents and Net
Current Assets 12.85
46 April 2020
CATEgORY OF SCHEME: SHORT DURATION FUND
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.34 10.00 8.37 10,934 11,000 10,837Apr 28, 17 Last 3 Years 7.74 7.84 7.27 12,513 12,550 12,351Apr 30, 15 Last 5 Years 8.07 8.18 7.29 14,747 14,819 14,220Jun 25, 10 Since Inception 8.63 8.30 7.06 22,614 21,942 19,594
Returns greater than 1 year period are compounded annualized (CAGR). Performance of dividend option under the schemes for the investors would be net of Dividend Distribution Tax as applicable. For performance of other schemes managed by Anil Bamboli, please refer page 54. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 65.
Face Value per Unit: ` 10 unless otherwise specified, CD - Certificate of Deposit; CP - Commercial Papers. Data is as of April 30, 2020 unless otherwise specified.
KEY FACTS
INVESTMENT OBjECTIVE
To generate income / capital appreciation through investments in Debt and Money Market Instruments.
There is no assurance that the investment objective of the Scheme will be realized.
FUND MANAgER ¥
Anil Bamboli (since June 25, 2010)
Total Experience: Over 23 years
INCEPTION DATE (Date of Allotment)
June 25, 2010
NAV (AS ON APRIL 30, 2020) NAV PER UNIT (`)
Regular Plan - Growth Option 22.6142Regular Plan - Fortnightly Dividend Option 10.2938Regular Plan - Normal Dividend Option 15.2050Direct Plan - Growth Option 22.8663Direct Plan - Fortnightly Dividend Option 10.3640Direct Plan - Normal Dividend Option 15.2852
ASSETS UNDER MANAgEMENT (`) IN CRORE
As on April 30, 2020 11,000.38Average for Month of April 2020 11,016.51
qUANTITATIVE DATA
Average Maturity * 3.36 yearsMacaulay Duration * 2.78 yearsModified Duration * 2.60 yearsYield to Maturity * 7.81%* Computed on the invested amount.
TOTAL ExPENSE RATIO (As on April 30, 2020)Including Additional expenses and Goods and Service Tax on Management Fees
Regular: 0.39% Direct: 0.19%
#BENCHMARK INDEX: CRISIL Short Term Bond Fund Index
##ADDl. BENCHMARK INDEX: CRISIL 1 year T-Bill Index
EXIT lOAD
Nil
PLANS & OPTIONS
Regular Plan, Direct Plan. Under each Plan: Growth, Fortnightly Dividend & Normal Dividend. Both Dividend options offer Payout and Reinvestment facilities.
MINIMUM APPlICATION AMOUNT
Purchase : ` 5,000 and any amount thereafter. Additional Purchase : ` 1,000 and any amount thereafter.
¥ Dedicated Fund Manager for Overseas Investments: Mr. Chirag Dagli (since July 22, 2019) (Total Experience: Over 18 years).
This product is suitable for investors who are seeking ~
l income over short term.
l to generate income / capital appreciation through investments in Debt and Money Market Instruments
Riskometer
Investors understand that their principal will be at moderately low risk
~ Investors should consult their financial advisers, if in doubt about whether the product is suitable for them.
^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
[An open ended short term debt scheme investing in instruments such that the Macaulay Duration of the portfolio is between 1 year and 3 years (Refer page 2 for definition of Macaulay Duration)]HDFC Short Term Debt Fund
Issuer Rating % to NAVDEBT & DEBT RElATEDgOVERNMENT SECURITIES (CENTRAl/STATE)7.59 GOI 2026 Sovereign 1.827.27 GOI 2026 Sovereign 0.988.60% Madhya Pradesh SDL - Mat 230123 Sovereign 0.496.79 GOI 2027 Sovereign 0.248.39% Rajasthan SDL - Mat 150323 Sovereign 0.247.26 GOI 2029 Sovereign 0.198.38% Gujarat SDL - Mat 270229 Sovereign 0.108.58% Gujarat SDL - Mat 230123 Sovereign 0.106.97 GOI 2026 Sovereign 0.057.57 GOI 2033 Sovereign 0.05Sub Total 4.26CREDIT EXPOSURE • REC Ltd. CRISIL - AAA 8.58• Reliance Industries Ltd. CRISIL - AAA / CRISIL -
AAA(SO) 6.65• State Bank of India CARE - AA+ / CRISIL -
AA+ / CRISIL - AAA 6.59• National Bank for Agriculture
& Rural Development CRISIL - AAA / ICRA - AAA 5.52• Housing Development
Finance Corporation Ltd.£ CRISIL - AAA 5.24• LIC Housing Finance Ltd. CARe - AAA / CRISIL - AAA 4.18• Vedanta Ltd. CRISIL - AA 3.29• IndInfravit Trust CRISIL - AAA 3.08• Housing and Urban Development Corporation Ltd. CARe - AAA / IND - AAA 2.73• Mahanagar Telephone
Nigam Ltd. (Corporate guarantee from Govt of India)
CARE - AAA(SO) / CRISIL - AAA(SO) 2.72
Indian Railways Finance Corporation Ltd. CRISIL - AAA 2.69National Highways Authority of India CARe - AAA / CRISIL - AAA 2.59Power Finance Corporation Ltd. CARe - AAA / CRISIL - AAA 2.55Tata Sons Ltd. CRISIL - AAA 2.41Mobil Trust Series 10 (PTC of pools from Shriram City Union Finance Ltd.) CRISIL - AAA(SO) 2.29Coastal Gujarat Power Ltd. (Corporate Guarantee of Tata Power) CARE - AA(SO) 2.17Larsen and Toubro Ltd. CRISIL - AAA 2.07Fullerton India Credit Company Ltd. CRISIL - AAA 1.82Jamnagar Utilities & Power Pvt. Ltd. (erstwhile Reliance Utilities & Power Pvt. Ltd.) CRISIL - AAA 1.66First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Ltd.) CRISIL - AAA(SO) 1.54Reliable Devices Trust (PTC banked by receivables from Reliance Retail Ltd.) ICRA - AAA(SO) 1.51
Issuer Rating % to NAVNabha Power Ltd. (Corporate Guarantee of L&T Ltd.) ICRA - AAA(SO) 1.37L&T Infrastructure Finance Ltd. CRISIL - AAA 1.34Power Grid Corporation of India Ltd. CRISIL - AAA 1.31Hindalco Industries Ltd. CRISIL - AA 0.97Britannia Industries Ltd. CRISIL - AAA 0.93Sundaram Finance Ltd. CRISIL - AAA 0.92John Deere Financial India Pvt. Ltd. CRISIL - AAA 0.91Pipeline Infrastructure Pvt. Ltd. CRISIL - AAA 0.90Sikka Port and Terminal Ltd. (erstwhile Reliance Ports and Terminals Ltd.)
CARe - AAA / CRISIL - AAA 0.82
Small Industries Development Bank CARe - AAA 0.70Tata Capital Financial Services Ltd. ICRA - AAA 0.69HDB Financial Services Ltd. CRISIL - AAA 0.64HDFC Bank Ltd. CARE - AA+ 0.63Sansar Trust Nov 2018 (PTC of pools from Shriram Transport Finance Company Ltd.) ICRA - AAA(SO) 0.48TMF Holdings Ltd. (Subsidiary of Tata Motors Ltd.) ICRA - AA- 0.48Fullerton India Home Finance Company Ltd. CARe - AAA 0.46NTPC Ltd. CRISIL - AAA 0.46Andhra Bank CARE - A+ 0.45Shriram City Union Finance Ltd. CRISIL - AA 0.45TATA Capital Housing Finance Ltd. CRISIL - AAA 0.45NHPC Ltd. CARe - AAA 0.44Talwandi Sabo Power Ltd. (Corporate Guarantee of Vedanta Ltd.) CRISIL - AA(SO) 0.44L&T Housing Finance Ltd. CRISIL - AAA 0.41The Tata Power Company Ltd. CRISIL - AA- 0.37CanFin Homes Ltd. IND - AA 0.32Bank of Baroda CARe - AA- 0.18Mobil Trust Series 01 (PTC of pools from Shriram City Union Finance Ltd.) CRISIL - AAA(SO) 0.10Canara Bank CARE - A+ 0.09Hazaribagh Ranchi expressway Ltd. (NHAI Annuity) CARe - D 0.04Sub Total 89.63Total 93.89MONEY MARKET INSTRUMENTSCPTata Teleservices Ltd. CRISIL - A1+ 1.27Sub Total 1.27Cash, Cash equivalents and Net Current Assets 4.84Grand Total 100.00• Top Ten Holdings, £ Co-sponsor
Outstanding exposure in derivative instruments Interest Rate Swap (` in Crore) 100.00
PORTFOLIO
Portfolio Classification By Asset Class (%)
n G-Sec, SDL 4.26
n CP 1.27
n Credit exposure 89.63
n Cash, Cash equivalents and Net Current Assets 4.84
KEY FACTSINVESTMENT OBjECTIVETo generate income / capital appreciation through investment in debt securities and money market instruments.There is no assurance that the investment objective of the Scheme will be realized.
FUND MANAgER ¥
Anupam Joshi (since October 27, 2015)
Total Experience: Over 12 years
INCEPTION DATE (Date of Allotment)November 18, 1999
NAV (AS ON APRIL 30, 2020) NAV PER UNIT (`)Regular Plan - Growth Option 41.9947Regular Plan - Daily Dividend Reinvestment Option 10.0834Regular Plan - Weekly Dividend Option 10.1215Regular Plan - Monthly Dividend Option 10.1308Direct Plan - Growth Option 44.1438Direct Plan - Daily Dividend Reinvestment Option 10.0077Direct Plan - Weekly Dividend Option 10.1526Direct Plan - Monthly Dividend Option 10.1338
ASSETS UNDER MANAgEMENT (`) IN CROREAs on April 30, 2020 11,747.35Average for Month of April 2020 12,648.82
qUANTITATIVE DATAAverage Maturity * 1.17 yearsMacaulay Duration * 1.03 yearModified Duration * 339 daysYield to Maturity * 7.56%* Computed on the invested amount.
TOTAL ExPENSE RATIO (As on April 30, 2020)Including Additional expenses and Goods and Service Tax on Management FeesRegular: 1.04% Direct: 0.44%
#BENCHMARK INDEX: NIFTY Low Duration Debt Index
##ADDl. BENCHMARK INDEX: CRISIL 1 year T-Bill Index
EXIT lOADNil
PLANS & OPTIONSRegular Plan, Direct Plan. each Plan offers Growth and Dividend Option. Dividend Option offers Daily Dividend Option with Reinvestment facility only and Weekly and Monthly Dividend Option with Payout and Reinvestment facility.
MINIMUM APPlICATION AMOUNTFor all Options (except Daily Dividend Option) Growth, Weekly and Monthly Dividend Option: Purchase: ` 5,000 and any amount thereafter. Additional Purchase : ` 1,000 and any amount thereafter. Daily Dividend Option : Purchase : ` 10,000 and any amount thereafter. Additional Purchase : ` 5,000 and any amount thereafter.
¥ Dedicated Fund Manager for Overseas Investments: Mr. Chirag Dagli (since July 22, 2019) (Total Experience: Over 18 years).
Face Value per Unit: ` 10 unless otherwise specified, CD - Certificate of Deposit; CP - Commercial Papers. Data is as of April 30, 2020 unless otherwise specified.
This product is suitable for investors who are seeking ~
l income over short term.
l to generate income / capital appreciation through investmentin debt securities and money market instruments
Riskometer
Investors understand that their principal will be at moderately low risk
~ Investors should consult their financial advisers, if in doubt about whether the product is suitable for them. ^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
Portfolio Classification by Asset Class (%)
n G-Sec, SDL 5.29
n CP 8.79
n CD 19.41
n Credit exposure 64.47
n Cash, Cash equivalents and Net Current Assets 2.04
Portfolio Classification by Rating Class (%)
n Sovereign 5.29n AAA/AAA(SO)/A1+/A1+(SO) &
equivalent 72.50n AA+ 4.70n AA/AA- 12.34n A+ & Below 3.13n Cash, Cash equivalents and Net
Current Assets 2.04
[An open ended low duration debt scheme investing in instruments such that the Macaulay Duration of the portfolio is between 6 months and 12 months (Refer page 2 for definition of Macaulay Duration)]HDFC Low Duration Fund
Issuer Rating % to NAVDEBT & DEBT RElATEDgOVERNMENT SECURITIES (CENTRAl/STATE)7.59 GOI 2026 Sovereign 2.306.79 GOI 2027 Sovereign 1.768% Haryana SDL ISD 080420 Mat 080430 Sovereign 0.466.97 GOI 2026 Sovereign 0.457.59 GOI 2029 Sovereign 0.32Sub Total 5.29CREDIT EXPOSURE • REC Ltd. CARe - AAA / CRISIL -
AAA(SO) / ICRA - AAA 6.03• Power Finance Corporation
Ltd.CARe - AAA / CRISIL - AAA / ICRA - AAA 5.06
• Vedanta Ltd. CRISIL - AA 3.76• L&T Infrastructure Finance Ltd. CRISIL - AAA 3.35Canara Bank CARE - A+ / CRISIL - AA /
ICRA - AA- 3.19National Bank for Agriculture & Rural Development CRISIL - AAA 2.30LIC Housing Finance Ltd. CARe - AAA / CRISIL - AAA 2.14State Bank of India CRISIL - AA+ / CRISIL - AAA 1.95Nabha Power Ltd. (Corporate Guarantee of L&T Ltd.) ICRA - AAA(SO) 1.92Union Bank of India CARe - AA- 1.91Reliable Devices Trust (PTC banked by receivables from Reliance Retail Ltd.) ICRA - AAA(SO) 1.73Bank of Baroda CARE - AA / CRISIL - AA+ 1.61Britannia Industries Ltd. CRISIL - AAA 1.26Shriram Transport Finance Company Ltd. CRISIL - AA+ / IND - AA+ 1.26Manappuram Finance Ltd. CARe - AA 1.23Punjab National Bank IND - A 1.19Small Industries Development Bank CARe - AAA 1.10Power Grid Corporation of India Ltd. CRISIL - AAA 0.86TATA Capital Housing Finance Ltd. CRISIL - AAA 0.85Shriram City Union Finance Ltd. CRISIL - AA 0.84Axis Bank Ltd. CRISIL - AA+ 0.82Bajaj Finance Ltd. CRISIL - AAA 0.79Housing and Urban Development Corporation Ltd. CARe - AAA 0.74Larsen and Toubro Ltd. CRISIL - AAA 0.65Bharati Telecom Ltd. CRISIL - AA+ 0.63Indian Railways Finance Corporation Ltd. CRISIL - AAA 0.47TMF Holdings Ltd. (Subsidiary of Tata Motors Ltd.) ICRA - AA- 0.45KKR India Financial Services Pvt. Ltd. CRISIL - AA 0.39Aurous Trust Jan 20 (PTC of pools from IIFL Finance Ltd.) CRISIL - A1+(SO) 0.34Muthoot Finance Ltd. ICRA - AA 0.33Andhra Bank CARE - A+ 0.25
Issuer Rating % to NAVMobil Trust Series 01 (PTC of pools from Shriram City Union Finance Ltd.) CRISIL - AAA(SO) 0.24HDB Financial Services Ltd. CRISIL - AAA 0.21First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Ltd.) CRISIL - AAA(SO) 0.20Jamnagar Utilities & Power Pvt. Ltd. (erstwhile Reliance Utilities & Power Pvt. Ltd.) CRISIL - AAA 0.11Aarish Solar Power Pvt. Ltd. (Greenko) CARE - AA-(SO) 0.04Aashman energy Pvt. Ltd. (Greenko) CARE - AA-(SO) 0.04Divyesh Power Pvt. Ltd. (Greenko) CARE - AA-(SO) 0.04elena Renewable energy Pvt. Ltd. (Greenko) CARE - AA-(SO) 0.04National Housing Bank CARe - AAA 0.04Pratyash Renewable Pvt. Ltd. (Greenko) CARE - AA-(SO) 0.04SeI Baskara Power Pvt. Ltd. (Greenko) CARE - AA-(SO) 0.04SeI enerstar Renewable energy Pvt. Ltd. (Greenko) CARE - AA-(SO) 0.04SeI Mihir energy Pvt. Ltd. (Greenko) CARE - AA-(SO) 0.04Shreyas Renewable energy Pvt. Ltd. (Greenko) CARE - AA-(SO) 0.04Zuvan energy Pvt. Ltd. (Greenko) CARE - AA-(SO) 0.04Sub Total 64.47Total 69.76MONEY MARKET INSTRUMENTSCP• Tata Teleservices Ltd. CRISIL - A1+ 3.98Tata Motors Ltd. CRISIL - A1+ 1.92LIC Housing Finance Ltd. CRISIL - A1+ 1.21Reliance Industries Ltd. CRISIL - A1+ 0.63Deutsche Investments India Pvt. Ltd. CRISIL - A1+ 0.42Fullerton India Credit Company Ltd. CARE - A1+ 0.42NTPC Ltd. CRISIL - A1+ 0.21Sub Total 8.79CD • Axis Bank Ltd. CRISIL - A1+ / ICRA - A1+ 6.17• Indusind Bank Ltd. CRISIL - A1+ 4.01• National Bank for Agriculture
& Rural Development CRISIL - A1+ / IND - A1+ 4.01Bank of India CRISIL - A1+ 2.96ICICI Bank Ltd. ICRA - A1+ 1.03The Federal Bank Ltd. CARE - A1+ 0.61Oriental Bank of Commerce CRISIL - A1+ 0.41Small Industries Development Bank CARE - A1+ 0.21Sub Total 19.41Total 28.20Cash, Cash equivalents and Net Current Assets 2.04Grand Total 100.00• Top Ten Holdings, £ Co-sponsor
Outstanding exposure in derivative instruments Interest Rate Swap (` in Crore) 2,875.00
PORTFOLIO
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 6.90 7.51 8.37 10,690 10,751 10,837Apr 28, 17 Last 3 Years 6.71 7.33 7.27 12,159 12,372 12,351Apr 30, 15 Last 5 Years 7.18 7.69 7.29 14,152 14,492 14,220Nov 18, 99 Since Inception 7.26 N.A. 6.59 41,995 N.A. 36,893
Returns greater than 1 year period are compounded annualized (CAGR). N.A. Not Available. Performance of dividend option under the schemes for the investors would be net of Dividend Distribution Tax as applicable. For performance of other schemes managed by Anupam Joshi, please refer page 54. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 64.
48 April 2020
CATEgORY OF SCHEME: MONEY MARKET FUND
KEY FACTSINVESTMENT OBjECTIVE
To generate income / capital appreciation by investing in money market instruments.
There is no assurance that the investment objective of the Scheme will be realized.
FUND MANAgER ¥
Anil Bamboli (since July 25, 2012)
Total Experience: Over 23 years
INCEPTION DATE (Date of Allotment)
November 18, 1999
NAV (AS ON APRIL 30, 2020) NAV PER UNIT (`)
Regular Plan - Growth Option 4,204.0287Regular Plan - Daily Dividend Reinvestment Option 1,061.8407Regular Plan - Weekly Dividend Option 1,061.6947Direct Plan - Growth Option 4,250.8578Direct Plan - Daily Dividend Reinvestment Option 1,061.8815Direct Plan - Weekly Dividend Option 1,061.7093
ASSETS UNDER MANAgEMENT (`) IN CRORE
As on April 30, 2020 6,574.65Average for Month of April 2020 6,885.98
qUANTITATIVE DATA
Average Maturity * 289 daysMacaulay Duration * 288 daysModified Duration * 270 daysYield to Maturity * 6.09%* Computed on the invested amount.
TOTAL ExPENSE RATIO (As on April 30, 2020)Including Additional expenses and Goods and Service Tax on Management Fees
Regular: 0.35% Direct: 0.15%
#BENCHMARK INDEX: NIFTY Money Market Index
##ADDl. BENCHMARK INDEX: CRISIL 1 year T-Bill Index
EXIT lOAD
Nil
PLANS & OPTIONS
Regular Plan, Direct Plan. Each Plan offers Growth and Daily Dividend Option (with Reinvestment facility only). Weekly Dividend Option (with Payout and Reinvestment facility).
MINIMUM APPlICATION AMOUNT
Purchase : Under Growth Option and Weekly Dividend Option : ` 5,000 and any amount thereafter. Under Daily Dividend Option : ` 10,000 and any amount thereafter
Additional Purchase : Under Growth Option and Weekly Dividend Option : ̀ 1,000 and any amount thereafter. Under Daily Dividend Option : ` 5,000 and any amount thereafter
¥ Dedicated Fund Manager for Overseas Investments: Mr. Chirag Dagli (since July 22, 2019) (Total Experience: Over 18 years).
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%) $$
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) $$
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 7.79 6.67 8.37 10,779 10,667 10,837Apr 28, 17 Last 3 Years 7.36 6.99 7.27 12,380 12,253 12,351Apr 30, 15 Last 5 Years 7.41 7.31 7.29 14,303 14,238 14,220Nov 18, 99 Since Inception 7.29 N.A. 6.59 42,185 N.A. 36,893
Returns greater than 1 year period are compounded annualized (CAGR). N.A. Not Available. $$ All dividends declared prior to the splitting of the Scheme into Dividend & Growth Options are assumed to be reinvested in the units of the Scheme at the then prevailing NAV (ex-dividend NAV). Performance of dividend option under the schemes for the investors would be net of Dividend Distribution Tax as applicable. For performance of other schemes managed by Anil Bamboli, please refer page 54. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 66.
Face Value per Unit: ` 1,000, CD - Certificate of Deposit; CP - Commercial Papers. Data is as of April 30, 2020 unless otherwise specified.
n CP 46.32
n CD 53.77
n Cash, Cash equivalents and Net Current Assets -0.09
Portfolio Classification by Asset Class (%)
n AAA/AAA(SO)/A1+/A1+(SO) & equivalent 100.09
n Cash, Cash equivalents and Net Current Assets -0.09
Portfolio Classification by Rating Class (%)
This product is suitable for investors who are seeking ~
l income over short term
l to generate income / capital appreciation by investing in money market instruments
Riskometer
Investors understand that their principal will be at moderately low risk
~ Investors should consult their financial advisers, if in doubt about whether the product is suitable for them. ^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
(An open ended debt scheme investing in money market instruments)HDFC Money Market Fund
Issuer Rating % to NAV
DEBT & DEBT RElATED
MONEY MARKET INSTRUMENTS
CP
• Reliance Industries Ltd. CRISIL - A1+ 8.73
• Bajaj Housing Finance Ltd. CRISIL - A1+ 7.26
• TATA Capital Housing Finance Ltd. CRISIL - A1+ 7.23
• Reliance Jio Infocomm Ltd. CRISIL - A1+ 5.81
• Tata Motors Ltd. CRISIL - A1+ 5.11
• LIC Housing Finance Ltd. CRISIL - A1+ 5.04
Tata Teleservices Ltd. CRISIL - A1+ 4.27
Bharti Hexacom Ltd. CRISIL - A1+ 2.87
Sub Total 46.32
Issuer Rating % to NAV
CD
• Small Industries Development Bank CARE - A1+ / ICRA - A1+ 8.76
• Axis Bank Ltd. CRISIL - A1+ / ICRA - A1+ 8.03
• Export - Import Bank of India CRISIL - A1+ 6.92
• ICICI Bank Ltd. ICRA - A1+ 5.50
National Bank for Agriculture & Rural Development CRISIL - A1+ / IND - A1+ 4.75
The Federal Bank Ltd. CARE - A1+ / IND - A1+ 4.37
Bank of Baroda CRISIL - A1+ 3.65
Au Small Finance Bank Ltd. CRISIL - A1+ 3.62
Andhra Bank CARE - A1+ 3.28
Indusind Bank Ltd. CRISIL - A1+ 3.05
Oriental Bank of Commerce CRISIL - A1+ 1.84
Sub Total 53.77
Total 100.09
Cash, Cash equivalents and Net Current Assets -0.09
Grand Total 100.00
• Top Ten Holdings
PORTFOLIO
April 2020 49
CATEgORY OF SCHEME: FLOATER FUND
KEY FACTS
INVESTMENT OBjECTIVETo generate income/capital appreciation through investment in a portfolio comprising substantially of floating rate debt, fixed rate debt instruments swapped for floating rate returns and money market instruments. There is no assurance that the investment objective of the Scheme will be realized.
FUND MANAgER ¥
Shobhit Mehrotra (since October 23, 2007)
Total Experience: Over 25 years
INCEPTION DATE (Date of Allotment)October 23, 2007
NAV (AS ON APRIL 30, 2020) NAV PER UNIT (`)Regular Plan - Growth Option 35.1482Regular Plan - Daily Dividend Reinvestment Option 10.0188Regular Plan - Weekly Dividend Option 10.1110Regular Plan - Monthly Dividend Option 10.1231Direct Plan - Growth Option 35.4227Direct Plan - Daily Dividend Reinvestment Option 10.0191Direct Plan - Weekly Dividend Option 10.1114Direct Plan - Monthly Dividend Option 10.1234
ASSETS UNDER MANAgEMENT (`) IN CROREAs on April 30, 2020 8,933.16Average for Month of April 2020 9,233.99
qUANTITATIVE DATAAverage Maturity * 1.40 yearsMacaulay Duration * 1.15 yearsModified Duration * 1.04 yearsYield to Maturity * 7.21%* Computed on the invested amount.
TOTAL ExPENSE RATIO (As on April 30, 2020)Including Additional expenses and Goods and Service Tax on Management FeesRegular: 0.38% Direct: 0.23%
#BENCHMARK INDEX: CRISIL Liquid Fund Index
##ADDl. BENCHMARK INDEX: CRISIL 1 year T-Bill Index
EXIT lOADNil
PLANS & OPTIONSRegular Plan, Direct Plan. Under both the Plans: Growth & Dividend Option. The Dividend Option offers Daily Dividend Option (with Reinvestment facility only) and Weekly and Monthly Dividend Option (with Payout and Reinvestment facility).
MINIMUM APPlICATION AMOUNTPurchase : ` 5,000 and any amount thereafter. Additional Purchase : ` 1 and any amount thereafter.
¥ Dedicated Fund Manager for Overseas Investments: Mr. Chirag Dagli (since July 22, 2019) (Total Experience: Over 18 years).
Face Value per Unit: ` 10 unless otherwise specified, CD - Certificate of Deposit; CP - Commercial Papers. Data is as of April 30, 2020 unless otherwise specified.
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 7.62 6.25 8.37 10,762 10,625 10,837Apr 28, 17 Last 3 Years 7.33 6.91 7.27 12,370 12,225 12,351Apr 30, 15 Last 5 Years 7.82 7.15 7.29 14,574 14,130 14,220Oct 23, 07 Since Inception 8.14 7.43 6.64 26,664 24,555 22,370
Returns greater than 1 year period are compounded annualized (CAGR). Since Inception returns are calculated on ` 13.1821 (allotment price). Performance of dividend option under the schemes for the investors would be net of Dividend Distribution Tax as applicable. For performance of other schemes managed by Shobhit Mehrotra, please refer page 54. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 62.
This product is suitable for investors who are seeking ~
l income over short terml to generate income / capital appreciation through investment
in a portfolio comprising substantially of floating rate debt, fixed rate debt instruments swapped for floating rate returns and money market instruments
Riskometer
Investors understand that their principal will be at moderately low risk
~ Investors should consult their financial advisers, if in doubt about whether the product is suitable for them.
^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
Portfolio Classification by Asset Class (%)
n G-Sec, SDL 14.03
n CP 6.10
n CD 20.60
n Credit exposure 55.00
n Cash, Cash equivalents and Net Current Assets 4.27
Portfolio Classification by Rating Class (%)
n Sovereign 14.03n AAA/AAA(SO)/A1+/A1+(SO) &
equivalent 64.33n AA+ 2.08n AA/AA- 11.22n A+ & Below 4.07n Cash, Cash equivalents and Net
Current Assets 4.27
[An open ended debt scheme predominantly investing in floating rate instruments (including fixed rate instruments converted to floating rate exposures using swaps / derivatives)]HDFC Floating Rate Debt Fund
Issuer Rating % to NAV
DEBT & DEBT RElATED
gOVERNMENT SECURITIES (CENTRAl/STATE)
• 6.79 GOI 2027 Sovereign 7.54
7.59 GOI 2026 Sovereign 3.03
6.97 GOI 2026 Sovereign 2.36
7.72 GOI 2025 Sovereign 0.61
8% Haryana SDL ISD 080420 Mat 080430 Sovereign 0.30
7.59 GOI 2029 Sovereign 0.18
7.69% Gujarat SDL - Mat 201227 Sovereign 0.01
Sub Total 14.03
CREDIT EXPOSURE
• Housing Development Finance Corporation Ltd.£ CRISIL - AAA 7.38
• REC Ltd. CRISIL - AAA / IND - AAA 5.73
• Canara Bank CARE - A+ / CRISIL - AA 5.13
• Axis Bank Ltd. CRISIL - A1+ / CRISIL - AA+ 4.71
• Sikka Port and Terminal Ltd. (erstwhile Reliance Ports and Terminals Ltd.) CARe - AAA 4.26
• Nabha Power Ltd. (Corporate Guarantee of L&T Ltd.) ICRA - AAA(SO) 4.17
Power Finance Corporation Ltd. CARe - AAA / CRISIL - AAA 2.31
State Bank of India CARE - AA+ / CRISIL - AA+ / CRISIL - AAA 1.44
PNB Housing Finance Ltd. IND - AA 1.28
Manappuram Finance Ltd. CARe - AA 1.07
TATA Capital Housing Finance Ltd. CRISIL - AAA 1.06
TMF Holdings Ltd. (Subsidiary of Tata Motors Ltd.) ICRA - AA- 0.88
Kotak Mahindra Prime Ltd. CRISIL - AAA 0.56
Reliance Industries Ltd. CRISIL - AAA 0.51
Aurous Trust Jan 20 (PTC of pools from IIFL Finance Ltd.) CRISIL - A1+(SO) 0.40
Issuer Rating % to NAV
Gujarat Road and Infrastructure Company Ltd. CARE - AAA(SO) 0.28
First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Ltd.) CRISIL - AAA(SO) 0.27
National Bank for Agriculture & Rural Development CRISIL - AAA 0.10
Jamnagar Utilities & Power Pvt. Ltd. (erstwhile Reliance Utilities & Power Pvt. Ltd.) CRISIL - AAA 0.05
Tata Sons Ltd. CRISIL - AAA 0.05
Power Grid Corporation of India Ltd. CRISIL - AAA 0.01
Sub Total 55.00
Total 69.03
MONEY MARKET INSTRUMENTS
CP
Tata Teleservices Ltd. CRISIL - A1+ 3.66
Reliance Jio Infocomm Ltd. CRISIL - A1+ 1.33
Fullerton India Credit Company Ltd. CARE - A1+ 1.11
Sub Total 6.10
CD
• National Bank for Agriculture & Rural Development CRISIL - A1+ / IND - A1+ 8.90
Indusind Bank Ltd. CRISIL - A1+ 3.45
The Federal Bank Ltd. CARE - A1+ 3.24
Small Industries Development Bank CARE - A1+ / ICRA - A1+ 2.15
ICICI Bank Ltd. ICRA - A1+ 1.78
Axis Bank Ltd. ICRA - A1+ 0.81
Oriental Bank of Commerce CRISIL - A1+ 0.27
Sub Total 20.60
Total 26.70
Cash, Cash equivalents and Net Current Assets 4.27
Grand Total 100.00
• Top Ten Holdings, £ Co-sponsor
Outstanding exposure in derivative instruments Interest Rate Swap (` in Crore) 5,810.00
PORTFOLIO
50 April 2020
CATEgORY OF SCHEME: ULTRA SHORT DURATION FUND
KEY FACTSINVESTMENT OBjECTIVE
To generate income / capital appreciation through investment in debt securities and money market instruments.
There is no assurance that the investment objective of the Scheme will be realized.
FUND MANAgER ¥
Anil Bamboli (since September 25, 2018)
Total Experience: Over 23 years
INCEPTION DATE (Date of Allotment)
September 25, 2018
NAV (AS ON APRIL 30, 2020) NAV PER UNIT (`)
Regular Plan - Growth Option 11.2594Regular Plan - Daily Dividend Reinvestment Option 10.0648Regular Plan - Weekly Dividend Option 10.0914Regular Plan - Monthly Dividend Option 10.0905Direct Plan - Growth Option 11.3158Direct Plan - Daily Dividend Reinvestment Option 10.0504Direct Plan - Weekly Dividend Option 10.0857Direct Plan - Monthly Dividend Option 10.0506
ASSETS UNDER MANAgEMENT (`) IN CRORE
As on April 30, 2020 7,167.49Average for Month of April 2020 7,429.98
qUANTITATIVE DATA
Average Maturity * 168 daysMacaulay Duration * 165 daysModified Duration * 146 daysYield to Maturity * 6.65%* Computed on the invested amount.
TOTAL ExPENSE RATIO (As on April 30, 2020)Including Additional expenses and Goods and Service Tax on Management Fees
Regular: 0.64% Direct: 0.34%
#BENCHMARK INDEX: CRISIL Ultra Short Term Debt Index
##ADDl. BENCHMARK INDEX: CRISIL 1 year T-Bill Index
EXIT lOAD
Nil
PLANS & OPTIONS
Regular Plan, Direct Plan. Under both the Plans: Growth & Dividend Option. The Dividend Option offers Daily Dividend Option (with Reinvestment facility only) and Weekly and Monthly Dividend Option (with Payout and Reinvestment facility).
MINIMUM APPlICATION AMOUNT
Purchase : ` 5,000 and any amount thereafter. Additional Purchase : ` 1,000 and any amount thereafter.
¥ Dedicated Fund Manager for Overseas Investments: Mr. Chirag Dagli (since July 22, 2019) (Total Experience: Over 18 years).
Face Value per Unit: ` 10 unless otherwise specified, CD - Certificate of Deposit; CP - Commercial Papers. Data is as of April 30, 2020 unless otherwise specified.
This product is suitable for investors who are seeking ~
l income over short terml income/capital appreciation through investment in debt
securities and money market instruments
Riskometer
Investors understand that their principal will be at moderately low risk
~ Investors should consult their financial advisers, if in doubt about whether the product is suitable for them.
[An open ended ultra-short term debt scheme investing in instruments such that the Macaulay Duration of the portfolio is between 3 months and 6 months (Refer page 2 for definition of Macaulay Duration)]HDFC Ultra Short Term Fund
Issuer Rating % to NAV
DEBT & DEBT RElATED
CREDIT EXPOSURE
• REC Ltd. CRISIL - AAA / IND - AAA 9.50
• Housing Development Finance Corporation Ltd.£ CRISIL - AAA 7.99
• Mobil Trust Series 10 (PTC of pools from Shriram City Union Finance Ltd.) CRISIL - AAA(SO) 3.52
Aurous Trust Jan 20 (PTC of pools from IIFL Finance Ltd.) CRISIL - A1+(SO) 2.75
L&T Infrastructure Finance Ltd. CRISIL - AAA 2.42
Power Finance Corporation Ltd. CARe - AAA / CRISIL - AAA 1.89
Small Industries Development Bank CARe - AAA 1.75
LIC Housing Finance Ltd. CRISIL - AAA 1.72
First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Ltd.) CRISIL - AAA(SO) 1.67
Bajaj Finance Ltd. CRISIL - AAA 1.40
Copeland Jan 2020 (PTC of pools from Muthoot Capital Services Ltd.) CRISIL - AAA(SO) 1.30
NTPC Ltd. ICRA - AAA 1.07
National Bank for Agriculture & Rural Development CRISIL - AAA 0.98
HDB Financial Services Ltd. CRISIL - AAA 0.70
Mobil Trust Series 01 (PTC of pools from Shriram City Union Finance Ltd.) CRISIL - AAA(SO) 0.49
Sub Total 42.55
Issuer Rating % to NAV
MONEY MARKET INSTRUMENTS
CP
• Bharat Heavy Electricals Ltd. CARE - A1+ 5.73
• CanFin Homes Ltd. CARE - A1+ 4.15
• Tata Motors Ltd. CRISIL - A1+ 4.09
• Tata Teleservices Ltd. CRISIL - A1+ 3.91
Bharti Hexacom Ltd. CRISIL - A1+ 2.64
Reliance Jio Infocomm Ltd. CRISIL - A1+ 2.33
Vedanta Ltd. CRISIL - A1+ 2.09
Deutsche Investments India Pvt. Ltd. CRISIL - A1+ 1.38
Reliance Industries Ltd. CRISIL - A1+ 1.34
Bajaj Housing Finance Ltd. CRISIL - A1+ 1.33
Fullerton India Credit Company Ltd. CARE - A1+ 1.04
Sub Total 30.03
CD
• Axis Bank Ltd. CRISIL - A1+ / ICRA - A1+ 9.09
• Indusind Bank Ltd. CRISIL - A1+ 6.24
• National Bank for Agriculture & Rural Development CRISIL - A1+ / IND - A1+ 5.84
Au Small Finance Bank Ltd. CRISIL - A1+ / IND - A1+ 2.02
The Federal Bank Ltd. CARE - A1+ 2.02
ICICI Bank Ltd. ICRA - A1+ 1.35
Sub Total 26.56
Total 56.59
Cash, Cash equivalents and Net Current Assets 0.86
Grand Total 100.00
• Top Ten Holdings, £ Co-sponsor
Outstanding exposure in derivative instruments Interest Rate Swap (` in Crore) 1,675.00
PORTFOLIO
Portfolio Classification by Asset Class (%)
n CP 30.03
n CD 26.56
n Credit exposure 42.55
n Cash, Cash equivalents and Net Current Assets 0.86
Portfolio Classification by Rating Class (%)
n AAA/AAA(SO)/A1+/A1+(SO) & equivalent 99.14
n Cash, Cash equivalents and Net Current Assets 0.86
PERFORMANCE ^ - Regular plan - growth OptionDate Period Scheme
Returns (%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 investedScheme
(`)Benchmark
(`)#Additional
Benchmark (`)##
Apr 30, 19 Last 1 Year 7.07 7.41 8.37 10,707 10,741 10,837Sep 25, 18 Since Inception 7.71 7.88 8.62 11,259 11,288 11,411
Returns greater than 1 year period are compounded annualized (CAGR). The Scheme is in existence for more than 1 year but less than 3 years. Performance of dividend option under the schemes for the investors would be net of Dividend Distribution Tax as applicable. For performance of other schemes managed by Anil Bamboli, please refer page 54. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 65.
April 2020 51
CATEgORY OF SCHEME: LIqUID FUND PORTFOLIO
KEY FACTS
INVESTMENT OBjECTIVE
To generate income through a portfolio comprising money market and debt instruments.
There is no assurance that the investment objective of the Scheme will be realized.
FUND MANAgER ¥
Anupam Joshi (since October 27, 2015)
Total Experience: Over 12 years
INCEPTION DATE (Date of Allotment)
October 17, 2000
NAV (AS ON APRIL 30, 2020)^^ NAV PER UNIT (`)
Regular Plan - Growth Option 3,899.6757Regular Plan - Daily Dividend Reinvestment Option 1,019.8200Regular Plan - Weekly Dividend Option 1,031.1511Regular Plan - Monthly Dividend Option 1,026.4205Direct Plan - Growth Option 3,923.0899Direct Plan - Daily Dividend Reinvestment Option 1,019.8200Direct Plan - Weekly Dividend Option 1,031.1595Direct Plan - Monthly Dividend Option 1,026.4291
ASSETS UNDER MANAgEMENT (`) IN CRORE
As on April 30, 2020 87,870.22Average for Month of April 2020 89,059.96
qUANTITATIVE DATA
Average Maturity * 47 daysMacaulay Duration * 47 daysModified Duration * 40 daysYield to Maturity * 4.47%* Computed on the invested amount.
TOTAL ExPENSE RATIO (As on April 30, 2020)Including Additional expenses and Goods and Service Tax on Management Fees
Regular: 0.30% Direct: 0.20%
#BENCHMARK INDEX: CRISIL Liquid Fund Index
##ADDl. BENCHMARK INDEX: CRISIL 1 year T-Bill Index
EXIT lOAD
l On investments made on or before October 19, 2019: NIL
l On investments (including through existing systematic plan registrations) made on or after October 20, 2019, as follows:
Units redeemed / switched-out within “X” days from the date
Regular Plan, Direct Plan. Under both the Plans: Growth & Dividend Option. The Dividend Option offers Daily Dividend Option (Reinvestment facility only) and Weekly and Monthly Dividend Option (with Payout and Reinvestment facility).
MINIMUM APPlICATION AMOUNT
Purchase : Under Growth Option, Weekly Dividend Option and Monthly Dividend Option: ` 5,000 and any amount thereafter. Under Daily Dividend Option: ̀ 10,000 and any amount thereafter.Additional Purchase : Under Growth Option, Weekly Dividend Option and Monthly Dividend Option: ` 1,000 and any amount thereafter. Under Daily Dividend Option: ` 5,000 and any amount thereafter.
¥ Dedicated Fund Manager for Overseas Investments: Mr. Chirag Dagli (since July 22, 2019) (Total Experience: Over 18 years).
^^Calculated on all calendar days.
Face Value per Unit: ` 1,000, CD - Certificate of Deposit; CP - Commercial Papers. Data is as of April 30, 2020 unless otherwise specified.
(An open ended liquid scheme)HDFC Liquid Fund
^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
Company Rating % to NAV
DEBT & DEBT RElATED
gOVERNMENT SECURITIES (CENTRAl/STATE)
8.27 GOI 2020 Sovereign 1.54
Sub Total 1.54
T-BIllS
• DCMB ( Discounted Cash Management Bills) 77 days Mat 160620 Sovereign 8.50
• DCMB ( Discounted Cash Management Bills) 84 days Mat 230620 Sovereign 8.46
• 91Days Tbill Mat 230720 Sovereign 3.61
91 Days Tbill - Mat 300620 Sovereign 1.61
91Days Tbill Mat 180620 Sovereign 0.74
91Days Tbill ISD 120320 Mat 110620 Sovereign 0.51
Sub Total 23.43
CREDIT EXPOSURE
• Housing Development Finance Corporation Ltd.£ CRISIL - AAA / ICRA - AAA 3.55
• Power Finance Corporation Ltd. CARe - AAA / CRISIL - AAA 3.48
Barclays Invest & Loans (India) Ltd. ICRA - A1+ 0.17
UPL Ltd. CRISIL - A1+ 0.17
SBI Global Factors Ltd. CRISIL - A1+ 0.17
Kotak Mahindra Prime Ltd. CRISIL - A1+ 0.11
Nirma Ltd. CRISIL - A1+ 0.11
Julius Baer Capital (India) Pvt. Ltd. CRISIL - A1+ 0.08
Sub Total 54.17
CD
Bank of India CRISIL - A1+ 3.00
Oriental Bank of Commerce CRISIL - A1+ 2.56
Axis Bank Ltd. CRISIL - A1+ / ICRA - A1+ 2.30
Andhra Bank CARE - A1+ 1.26
Small Industries Development Bank CARE - A1+ 1.23
Punjab & Sind Bank IND - A1+ 1.14
ICICI Bank Ltd. ICRA - A1+ 0.57
Canara Bank CRISIL - A1+ 0.28
Kotak Mahindra Bank Ltd. CRISIL - A1+ 0.26
Bank of Baroda CRISIL - A1+ 0.17
National Bank for Agriculture & Rural Development CRISIL - A1+ 0.06
Sub Total 12.83
Total 67.00
Cash, Cash equivalents and Net Current Assets -6.40
Grand Total 100.00
• Top Ten Holdings, £ Co-sponsor
52 April 2020
n T-Bills, G-Sec 24.97n CP 54.17n CD 12.83n Credit exposure 14.43n Cash, Cash equivalents and
Net Current Assets -6.40
Portfolio Classification by Asset Class (%)
n Sovereign 24.97n AAA/AAA(SO)/A1+/A1+(SO) &
equivalent 81.43
n Cash, Cash equivalents and Net Current Assets -6.40
Portfolio Classification by Rating Class (%)This product is suitable for investors who are seeking ~
l regular income over short term
l to generate income through a portfolio comprising money market and debt instruments
Riskometer
Investors understand that their principal will be at low risk
~ Investors should consult their financial advisers, if in doubt about whether the product is suitable for them.
(An open ended liquid scheme) .....Contd from previous pageHDFC Liquid Fund
PERFORMANCE ^ - Regular plan - growth OptionDate Period Scheme
Returns (%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 investedScheme (`) Benchmark
(`)#Additional
Benchmark (`)##
Apr 23, 20 Last 7 days 2.34 2.83 13.94 10,004 10,005 10,027Apr 15, 20 Last 15 days 5.27 5.12 22.84 10,022 10,021 10,094Mar 31, 20 Last 1 Month 5.03 5.04 15.21 10,041 10,041 10,125Apr 30, 19 Last 1 Year 5.92 6.25 8.37 10,592 10,625 10,837Apr 28, 17 Last 3 Years 6.62 6.91 7.27 12,128 12,225 12,351Apr 30, 15 Last 5 Years 7.02 7.15 7.29 14,041 14,130 14,220Oct 17, 00 Since Inception 7.21 N.A. 6.51 38,997 N.A. 34,282
Returns less than 1 year period are simple annualized and greater than 1 year are compounded annualized (CAGR). N.A. Not Available. Performance of dividend option under the schemes for the investors would be net of Dividend Distribution Tax as applicable. For performance of other schemes managed by Anupam Joshi, please refer page 54. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 64.
April 2020 53
CATEgORY OF SCHEME: OVERNIGHT FUND
KEY FACTS
INVESTMENT OBjECTIVE
To generate returns by investing in debt and money market instruments with overnight maturity.
There is no assurance that the investment objective of the Scheme will be realized.
FUND MANAgER ¥
Anil Bamboli (since July 25, 2012)
Total Experience: Over 23 years
INCEPTION DATE (Date of Allotment)
February 06, 2002
NAV (AS ON APRIL 30, 2020)^^ NAV PER UNIT (`)
Regular Plan - Growth Option 2,961.1058Regular Plan - Daily Dividend Reinvestment Option 1,042.6600Direct Plan - Growth Option 2,975.6561Direct Plan - Daily Dividend Reinvestment Option 1,042.6600
ASSETS UNDER MANAgEMENT (`) IN CRORE
As on April 30, 2020 18,086.55Average for Month of April 2020 17,591.29
qUANTITATIVE DATA
Average Maturity * 3 daysMacaulay Duration * 3 daysModified Duration * 3 daysYield to Maturity * 3.66%* Computed on the invested amount.
TOTAL ExPENSE RATIO (As on April 30, 2020)Including Additional expenses and Goods and Service Tax on Management Fees
Regular: 0.20% Direct: 0.10%
#BENCHMARK INDEX: CRISIL Overnight Index
##ADDl. BENCHMARK INDEX: CRISIL 1 year T-Bill Index
EXIT lOAD
Nil
PLANS & OPTIONS
Regular Plan, Direct Plan. Each Plan offers Growth and Daily Dividend Option (with Reinvestment facility only).
MINIMUM APPlICATION AMOUNT
Purchase : Under Growth Option : ` 5,000 and any amount thereafter. Under Daily Dividend Option : ` 10,000 and any amount thereafter
Additional Purchase : Under Growth Option : ̀ 1,000 and any amount thereafter. Under Daily Dividend Option : ` 5,000 and any amount thereafter
¥ Dedicated Fund Manager for Overseas Investments: Mr. Chirag Dagli (since July 22, 2019) (Total Experience: Over 18 years).
^^Calculated on all calendar days.
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 23, 20 Last 7 days 2.68 2.58 13.94 10,005 10,005 10,027Apr 15, 20 Last 15 days 2.85 2.77 22.84 10,012 10,011 10,094Mar 31, 20 Last 1 Month 2.58 2.62 15.21 10,021 10,022 10,125Apr 30, 19 Last 1 Year 4.80 4.97 8.37 10,480 10,497 10,837Apr 28, 17 Last 3 Years 5.64 5.75 7.27 11,794 11,833 12,351Apr 30, 15 Last 5 Years 5.99 6.12 7.29 13,381 13,462 14,220Feb 06, 02 Since Inception 6.13 N.A. 6.19 29,611 N.A. 29,884
Returns less than 1 year period are simple annualized and greater than 1 year are compounded annualized (CAGR). N.A. Not Available. Performance of dividend option under the schemes for the investors would be net of Dividend Distribution Tax as applicable. For performance of other schemes managed by Anil Bamboli, please refer page 54. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 66.
Face Value per Unit: ` 1,000, Data is as of April 30, 2020 unless otherwise specified. N.A. Not Available
Cash, Cash equivalents and Net Current Assets 100.00
Portfolio Classification by Asset Class (%)
Cash, Cash equivalents and Net Current Assets 100.00
Portfolio Classification by Rating Class (%)
This product is suitable for investors who are seeking ~
l regular income over short term that may be in line with the overnight call rates
l to generate returns by investing in debt and money market instruments with overnight maturity
Riskometer
Investors understand that their principal will be at low risk
~ Investors should consult their financial advisers, if in doubt about whether the product is suitable for them. ^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
(An open ended debt scheme investing in overnight securities)HDFC Overnight Fund
Issuer Rating % to NAV
Cash, Cash equivalents and Net Current Assets 100.00
Grand Total 100.00
PORTFOLIO
54 April 2020
Performance details of Schemes managed by respective Fund Managers
Sr. No. Name of the Fund Manager Funds Managed Page no.1 Mr. Prashant Jain HDFC Equity Fund 07
HDFC Top 100 Fund 09
HDFC Balanced Advantage Fund 15-16
HDFC Hybrid Debt Fund (Co-managed scheme) 34-35
2 Mr. Vinay Kulkarni HDFC Focused 30 Fund 13
HDFC Growth Opportunities Fund 12
HDFC TaxSaver 25
HDFC Equity Savings Fund (Co-managed scheme) 32-33
3 Mr. Chirag Setalvad HDFC Mid-Cap Opportunities Fund 10
HDFC Small Cap Fund 11
HDFC Long Term Advantage Fund 55
HDFC Hybrid Equity Fund 17-18
HDFC Children’s Gift Fund 26-27
HDFC Multi-Asset Fund (Co-managed scheme) 19-20
HDFC Retirement Savings Fund - Equity Plan (Co-managed scheme) 28
HDFC Retirement Savings Fund - Hybrid Equity Plan (Co-managed scheme) 29-30
HDFC Retirement Savings Fund - Hybrid Debt Plan (Co-managed scheme) 31
4 Mr. Miten Lathia HDFC Capital Builder Value Fund 08
Closed ended schemes 60
5 Mr. Krishan Kumar Daga HDFC Arbitrage Fund 36-37
HDFC Multi-Asset Fund (Co-managed scheme) 19-20
HDFC Index Fund - SEnSEx Plan 24
HDFC Index Fund - nIFTY 50 Plan 22
HDFC SEnSEx ETF 23
HDFC nIFTY 50 ETF 21
HDFC Gold Exchange Traded Fund 60
HDFC Gold Fund 60
HDFC Equity Savings Fund (Co-managed scheme) 32-33
Closed ended scheme 60
6 Mr. Shobhit Mehrotra HDFC Income Fund 44
HDFC Medium Term Debt Fund 45
HDFC Floating Rate Debt Fund 49
HDFC Credit Risk Debt Fund 39-40
HDFC Hybrid Debt Fund (Co-managed scheme) 34-35
HDFC Retirement Savings Fund - Equity Plan (Co-managed scheme) 28
HDFC Retirement Savings Fund - Hybrid Equity Plan (Co-managed scheme) 29-30
HDFC Retirement Savings Fund - Hybrid Debt Plan (Co-managed scheme) 31
Close ended schemes 55-56
7 Mr. Anil Bamboli HDFC Dynamic Debt Fund 43
HDFC Short Term Debt Fund 46
HDFC Gilt Fund 42
HDFC Money Market Fund 48
HDFC Ultra Short Term Fund 50
HDFC Overnight Fund 53
HDFC Banking and PSU Debt Fund 41
HDFC Equity Savings Fund (Co-managed scheme) 32-33
HDFC Multi-Asset Fund (Co-managed scheme) 19-20
HDFC Dynamic PE Ratio Fund of Funds (Co-managed scheme) 60
Close ended schemes 56-58
Closed ended schemes (Co-managed schemes) 60
8 Mr. Anupam Joshi HDFC Liquid Fund 51-52
HDFC Corporate Bond Fund 38
HDFC Low Duration Fund 47
Close ended schemes 58-60
9 Mr. Rakesh Vyas HDFC Infrastructure Fund 14
Close ended scheme 60
For performance details of Direct Plan, refer page 61-69
Exit Load : (i) no exit load shall be levied for switching between Options under the same Plan within a Scheme. (ii) Switch of investments to Direct Plan within the same Scheme shall be subject to applicable exit load, unless the investments were made without any distributor code. However, any subsequent switch-out or redemption of such investments from the Direct Plan will not be subject to any exit load. (iii) no exit load shall be levied for switch-out from Direct Plan to other Plan within the same Scheme. However, any subsequent switch-out or redemption of such investment from the other Plan shall be subject to exit load based on the original date of investment in the Direct Plan. (iv) Switch of investments between Plans under a Scheme having separate portfolios, will be subject to applicable exit load. (v) no exit load will be levied on Bonus Units and Units allotted on Dividend Re-investment. (vi) In case of Systematic Transactions such as SIP, GSIP, Flex SIP, STP, Flex STP, Swing STP, Flexindex; Exit Load, if any, prevailing on the date of registration / enrolment shall be levied.
Tax Benefits / Consequences : The Dividend Distribution Tax on distribution of income by equity oriented fund to all the investors shall be payable at the rate of 11.648%* and on distribution of income by other than equity oriented fund to an individual / HUF shall be payable at the rate of 29.12%* and at the rate of 34.944%* on distribution of income to any other investor. Such income distributed by the Scheme(s) is free from Income–tax in the hands of Investors. Units of the Scheme(s) are not subject to Wealth-tax and Gift-tax. Unit holders are required to pay Securities Transaction Tax (STT) at the rate of 0.001% at the time of redemption / switch-out of units of an equity-oriented fund. * including applicable surcharge, health and education cess.
Investors should be aware that the fiscal rules / tax laws may change and there can be no guarantee that the current tax position may continue indefinitely. In view of individual nature of tax consequences, each investor is advised to consult his / her own professional tax advisor.
April 2020 55
SCHEME PERFORMANCE - REGULAR PLAN - GROWTH OPTION (FUND MANAGER-WISE)
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. n.A.: not Available
Performance of close-ended schemes, being close-ended in nature, is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended schemes is primarily buy-and-hold whereas open-ended schemes are actively managed.
CHIRAG SETALVAD
HDFC LONG TERM ADVANTAGE FUND NAV as on Apr 30, 2020 ` 295.025
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year -18.79 -12.51 -14.88 8,121 8,749 8,512Apr 28, 17 Last 3 Years -0.66 5.35 3.33 9,802 11,697 11,034Apr 30, 15 Last 5 Years 4.76 5.93 5.16 12,620 13,341 12,863Jan 02, 01 Since Inception 19.13 13.41 12.75 295,025 113,913 101,873
# S&P BSE SEnSEx (Total Returns Index) ## nIFTY 50 (Total Returns Index). The scheme is managed by Mr. Chirag Setalvad since April 02, 2007.
SHOBHIT MEHROTRA
HDFC FMP 3360D MARCH 2014 (1) NAV as on Apr 30, 2020 ` 15.9277
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 12.88 13.44 15.17 11,288 11,344 11,517Apr 28, 17 Last 3 Years 8.82 8.33 7.52 12,895 12,723 12,438Apr 30, 15 Last 5 Years 9.64 8.82 8.22 15,850 15,266 14,851Mar 26, 14 Since Inception 7.93 9.67 9.07 15,928 17,563 16,987
# CRISIL Composite Bond Fund Index ## CRISIL 10 year Gilt Index. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1213D MARCH 2017 (1) NAV as on Apr 30, 2020 ` 12.6049
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.16 13.44 8.37 10,916 11,344 10,837Apr 28, 17 Last 3 Years 7.67 8.33 7.27 12,489 12,723 12,351Mar 23, 17 Since Inception 7.74 8.29 7.13 12,605 12,809 12,386
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 5 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1188D MARCH 2017 (1) NAV as on Apr 30, 2020 ` 12.6859
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.63 13.44 8.37 10,963 11,344 10,837Apr 28, 17 Last 3 Years 7.95 8.33 7.27 12,587 12,723 12,351Mar 30, 17 Since Inception 8.01 8.15 7.14 12,686 12,735 12,375
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 5 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1172D APRIL 2017 (1) NAV as on Apr 30, 2020 ` 12.3227
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 7.63 13.44 8.37 10,763 11,344 10,837Apr 28, 17 Last 3 Years 7.06 8.33 7.27 12,278 12,723 12,351Apr 11, 17 Since Inception 7.08 8.28 7.17 12,323 12,751 12,357
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 5 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1165D APRIL 2017 (1) NAV as on Apr 30, 2020 ` 12.2818
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 7.38 13.44 8.37 10,738 11,344 10,837Apr 28, 17 Last 3 Years 7.03 8.33 7.27 12,267 12,723 12,351Apr 18, 17 Since Inception 7.01 8.22 7.23 12,282 12,711 12,360
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 5 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1166D MAy 2017 (1) NAV as on Apr 30, 2020 ` 12.6131
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.34 13.44 8.37 10,934 11,344 10,837May 09, 17 Since Inception 8.11 8.35 7.29 12,613 12,697 12,332
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1136D JUNE 2017 (1) NAV as on Apr 30, 2020 ` 12.5154
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.91 13.44 8.37 10,991 11,344 10,837Jun 08, 17 Since Inception 8.06 7.74 7.31 12,515 12,411 12,265
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1430D JULy 2017 (1) NAV as on Apr 30, 2020 ` 12.1749
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.50 13.44 8.37 10,950 11,344 10,837Aug 01, 17 Since Inception 7.42 7.67 7.35 12,175 12,251 12,153
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1113D JUNE 2018 (1) NAV as on Apr 30, 2020 ` 11.8084
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.70 13.44 8.37 10,970 11,344 10,837Jun 14, 18 Since Inception 9.25 11.61 8.18 11,808 12,292 11,592
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1124D JUNE 2018 (1) NAV as on Apr 30, 2020 ` 11.3116
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 8.68 13.44 8.37 10,868 11,344 10,837Jun 29, 18 Since Inception 6.93 11.54 8.19 11,312 12,224 11,556
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1099D JUNE 2018 (1) NAV as on Apr 30, 2020 ` 11.7785
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.66 13.44 8.37 10,966 11,344 10,837Jun 28, 18 Since Inception 9.30 11.58 8.18 11,779 12,236 11,558
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1122D JULy 2018 (1) NAV as on Apr 30, 2020 ` 11.7663
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.75 13.44 8.37 10,975 11,344 10,837Jul 04, 18 Since Inception 9.32 11.43 8.23 11,766 12,184 11,552
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
56 April 2020
SCHEME PERFORMANCE - REGULAR PLAN - GROWTH OPTION (FUND MANAGER-WISE)
SHOBHIT MEHROTRA....CONTINUED
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. n.A.: not Available
Performance of close-ended schemes, being close-ended in nature, is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended schemes is primarily buy-and-hold whereas open-ended schemes are actively managed.
HDFC FMP 1133D JULy 2018 (1) NAV as on Apr 30, 2020 ` 11.5122
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 8.11 13.44 8.37 10,811 11,344 10,837Jul 25, 18 Since Inception 8.30 11.42 8.31 11,512 12,106 11,515
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1133D FEBRUARy 2019 (1) NAV as on Apr 30, 2020 ` 11.1297
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.87 13.44 8.37 10,987 11,344 10,837Mar 06, 19 Since Inception 9.72 12.95 8.10 11,130 11,508 10,940
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1126D MARCH 2019 (1) NAV as on Apr 30, 2020 ` 11.0833
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.75 13.44 8.37 10,975 11,344 10,837Mar 13, 19 Since Inception 9.49 12.74 8.10 11,083 11,456 10,924
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1127D MARCH 2019 (1) NAV as on Apr 30, 2020 ` 11.0208
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.67 13.44 8.37 10,967 11,344 10,837Mar 19, 19 Since Inception 9.08 12.75 8.06 11,021 11,435 10,905
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1120D MARCH 2019 (1) NAV as on Apr 30, 2020 ` 10.9874
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.67 13.44 8.37 10,967 11,344 10,837Mar 26, 19 Since Inception 8.95 12.41 8.06 10,987 11,372 10,889
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1118D MARCH 2019 (1) NAV as on Apr 30, 2020 ` 11.0238
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.13 13.44 8.37 11,013 11,344 10,837Mar 28, 19 Since Inception 9.33 12.35 8.08 11,024 11,358 10,887
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
ANIL BAMBOLIHDFC CHARITy FUND FOR CANCER CURE - DEBT PLAN^
NAV as on Apr 30, 2020 ` 10.0756
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 3.89 10.00 8.37 10,389 11,000 10,837Apr 28, 17 Last 3 Years 6.01 7.84 7.27 11,919 12,550 12,351Mar 27, 17 Since Inception 6.07 7.77 7.14 12,002 12,607 12,379
# CRISIL Short Term Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 5 years. The scheme is managed by Mr. Anil Bamboli since inception. ^Scheme offers Dividend option only. Returns of HDFC Charity Fund for Cancer Cure - Debt Plan - Regular Plan are computed based on nAV of Dividend Option and all dividends (after statutory levy) are assumed to be reinvested in the units of the scheme at the then prevailing nAV (ex-dividend nAV).
HDFC FMP 1846D AUGUST 2013 (1) NAV as on Apr 30, 2020 ` 17.1310
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 7.44 13.44 8.37 10,744 11,344 10,837Apr 28, 17 Last 3 Years 6.71 8.33 7.27 12,159 12,723 12,351Apr 30, 15 Last 5 Years 7.21 8.82 7.29 14,167 15,266 14,220Aug 14, 13 Since Inception 8.35 9.72 7.64 17,131 18,639 16,399
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 370D MARCH 2014 (1) NAV as on Apr 30, 2020 ` 16.0355
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 7.56 10.00 8.37 10,756 11,000 10,837Apr 28, 17 Last 3 Years 7.24 7.84 7.27 12,340 12,550 12,351Apr 30, 15 Last 5 Years 7.56 8.18 7.29 14,405 14,819 14,220Mar 05, 14 Since Inception 7.97 8.59 7.54 16,036 16,613 15,652
# CRISIL Short Term Bond Fund Index ## CRISIL 1 year T-Bill Index. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 793D FEBRUARy 2014 (1) NAV as on Apr 30, 2020 ` 16.4615
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 7.68 10.00 8.37 10,768 11,000 10,837Apr 28, 17 Last 3 Years 7.31 7.84 7.27 12,364 12,550 12,351Apr 30, 15 Last 5 Years 7.68 8.18 7.29 14,485 14,819 14,220Feb 26, 14 Since Inception 8.40 8.60 7.54 16,462 16,649 15,671
# CRISIL Short Term Bond Fund Index ## CRISIL 1 year T-Bill Index. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1218D DECEMBER 2016 (1) NAV as on Apr 30, 2020 ` 12.8873
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.15 13.44 8.37 10,915 11,344 10,837Apr 28, 17 Last 3 Years 8.09 8.33 7.27 12,637 12,723 12,351Jan 12, 17 Since Inception 7.99 7.49 7.07 12,887 12,691 12,528
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 5 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1199D JANUARy 2017 (1) NAV as on Apr 30, 2020 ` 12.7332
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.21 13.44 8.37 10,921 11,344 10,837Apr 28, 17 Last 3 Years 7.83 8.33 7.27 12,547 12,723 12,351Jan 31, 17 Since Inception 7.73 7.58 7.10 12,733 12,676 12,494
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 5 years. The scheme is managed by Mr. Anil Bamboli since inception.
April 2020 57
SCHEME PERFORMANCE - REGULAR PLAN - GROWTH OPTION (FUND MANAGER-WISE)
ANIL BAMBOLI....CONTINUED
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. n.A.: not Available
Performance of close-ended schemes, being close-ended in nature, is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended schemes is primarily buy-and-hold whereas open-ended schemes are actively managed.
HDFC FMP 1170D FEBRUARy 2017 (1) NAV as on Apr 30, 2020 ` 12.7298
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##Apr 30, 19 Last 1 Year 8.77 13.44 8.37 10,877 11,344 10,837Apr 28, 17 Last 3 Years 7.74 8.33 7.27 12,514 12,723 12,351Mar 01, 17 Since Inception 7.92 8.43 7.15 12,730 12,924 12,444
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 5 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1181D APRIL 2018 (1) NAV as on Apr 30, 2020 ` 11.8654
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##Apr 30, 19 Last 1 Year 9.50 13.44 8.37 10,950 11,344 10,837Apr 27, 18 Since Inception 8.88 10.71 7.84 11,865 12,270 11,640
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1178D FEBRUARy 2017 (1) NAV as on Apr 30, 2020 ` 12.7562
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##Apr 30, 19 Last 1 Year 8.59 13.44 8.37 10,859 11,344 10,837Apr 28, 17 Last 3 Years 7.76 8.33 7.27 12,523 12,723 12,351Feb 22, 17 Since Inception 7.94 8.40 7.14 12,756 12,932 12,457
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 5 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1146D APRIL 2018 (1) NAV as on Apr 30, 2020 ` 11.2442
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 6.90 13.44 8.37 10,690 11,344 10,837May 10, 18 Since Inception 6.12 10.70 7.89 11,244 12,224 11,618
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1434D MAy 2018 (1) NAV as on Apr 30, 2020 ` 11.9582
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.02 13.44 8.37 11,002 11,344 10,837May 09, 18 Since Inception 9.46 10.67 7.88 11,958 12,221 11,619
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1134D MAy 2018 (1) NAV as on Apr 30, 2020 ` 11.9050
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.90 13.44 8.37 10,990 11,344 10,837May 24, 18 Since Inception 9.42 11.25 8.02 11,905 12,294 11,613
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1119D JUNE 2018 (1) NAV as on Apr 30, 2020 ` 11.8571
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.75 13.44 8.37 10,975 11,344 10,837Jun 08, 18 Since Inception 9.40 11.59 8.12 11,857 12,312 11,594
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1280D OCTOBER 2018 (1) NAV as on Apr 30, 2020 ` 11.6945
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.13 13.44 8.37 11,013 11,344 10,837Oct 11, 18 Since Inception 10.60 12.88 8.51 11,695 12,072 11,352
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1344D OCTOBER 2018 (1) NAV as on Apr 30, 2020 ` 11.3551
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 8.01 13.44 8.37 10,801 11,344 10,837Oct 24, 18 Since Inception 8.73 12.72 8.47 11,355 11,993 11,313
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1274D OCTOBER 2018 (1) NAV as on Apr 30, 2020 ` 11.6858
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.24 13.44 8.37 11,024 11,344 10,837Oct 17, 18 Since Inception 10.67 12.77 8.49 11,686 12,029 11,334
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1261D OCTOBER 2018 (1) NAV as on Apr 30, 2020 ` 11.8139
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 11.67 13.44 8.37 11,167 11,344 10,837Oct 25, 18 Since Inception 11.63 12.72 8.46 11,814 11,989 11,309
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1260D OCTOBER 2018 (1) NAV as on Apr 30, 2020 ` 11.6870
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.35 13.44 8.37 11,035 11,344 10,837Oct 31, 18 Since Inception 10.96 12.75 8.47 11,687 11,970 11,296
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1265D OCTOBER 2018 (1) NAV as on Apr 30, 2020 ` 11.6150
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.94 13.44 8.37 10,994 11,344 10,837nov 01, 18 Since Inception 10.53 12.68 8.46 11,615 11,955 11,292
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1246D NOVEMBER 2018 (1) NAV as on Apr 30, 2020 ` 11.5500
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.27 13.44 8.37 11,027 11,344 10,837nov 20, 18 Since Inception 10.50 12.58 8.34 11,550 11,867 11,226
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
58 April 2020
SCHEME PERFORMANCE - REGULAR PLAN - GROWTH OPTION (FUND MANAGER-WISE)
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. n.A.: not Available
Performance of close-ended schemes, being close-ended in nature, is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended schemes is primarily buy-and-hold whereas open-ended schemes are actively managed.
ANIL BAMBOLI....CONTINUED
HDFC FMP 1232D NOVEMBER 2018 (1) NAV as on Apr 30, 2020 ` 11.5122
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.13 13.44 8.37 11,013 11,344 10,837nov 28, 18 Since Inception 10.41 12.28 8.34 11,512 11,790 11,206
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1224D DECEMBER 2018 (1) NAV as on Apr 30, 2020 ` 11.4255
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.07 13.44 8.37 11,007 11,344 10,837Dec 06, 18 Since Inception 9.99 11.59 8.27 11,426 11,659 11,176
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1218D DECEMBER 2018 (1) NAV as on Apr 30, 2020 ` 11.4348
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.12 13.44 8.37 11,012 11,344 10,837Dec 12, 18 Since Inception 10.18 11.74 8.26 11,435 11,660 11,160
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1211D DECEMBER 2018 (1) NAV as on Apr 30, 2020 ` 11.3853
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.08 13.44 8.37 11,008 11,344 10,837Dec 19, 18 Since Inception 9.98 11.25 8.23 11,385 11,566 11,140
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1203D DECEMBER 2018 (1) NAV as on Apr 30, 2020 ` 11.3486
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.05 13.44 8.37 11,005 11,344 10,837Dec 27, 18 Since Inception 9.88 11.28 8.24 11,349 11,543 11,121
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1196D DECEMBER 2018 (1) NAV as on Apr 30, 2020 ` 11.3162
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.80 13.44 8.37 10,980 11,344 10,837Jan 03, 19 Since Inception 9.79 11.79 8.25 11,316 11,590 11,106
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1190D JANUARy 2019 (1) NAV as on Apr 30, 2020 ` 11.3011
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.83 13.44 8.37 10,983 11,344 10,837Jan 09, 19 Since Inception 9.81 11.79 8.24 11,301 11,568 11,090
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1182D JANUARy 2019 (1) NAV as on Apr 30, 2020 ` 11.2676
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.82 13.44 8.37 10,982 11,344 10,837Jan 17, 19 Since Inception 9.73 12.03 8.21 11,268 11,572 11,067
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1175D JANUARy 2019 (1) NAV as on Apr 30, 2020 ` 11.2298
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.73 13.44 8.37 10,973 11,344 10,837Jan 23, 19 Since Inception 9.57 12.31 8.23 11,230 11,587 11,055
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1168D JANUARy 2019 (1) NAV as on Apr 30, 2020 ` 11.2235
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.70 13.44 8.37 10,970 11,344 10,837Jan 30, 19 Since Inception 9.68 12.34 8.21 11,224 11,564 11,036
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1154D FEBRUARy 2019 (1) NAV as on Apr 30, 2020 ` 11.1546
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.72 13.44 8.37 10,972 11,344 10,837Feb 13, 19 Since Inception 9.44 12.30 8.03 11,155 11,508 10,980
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1146D FEBRUARy 2019 (1) NAV as on Apr 30, 2020 ` 11.1522
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.73 13.44 8.37 10,973 11,344 10,837Feb 21, 19 Since Inception 9.61 12.72 8.06 11,152 11,530 10,966
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
ANUPAM JOSHI
HDFC FMP 1158D FEBRUARy 2018 (1) NAV as on Apr 30, 2020 ` 11.9439
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.55 13.44 8.37 10,955 11,344 10,837Feb 27, 18 Since Inception 8.52 10.21 7.82 11,944 12,353 11,777
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1150D MARCH 2018 (1) NAV as on Apr 30, 2020 ` 11.8758
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.35 13.44 8.37 10,935 11,344 10,837Mar 07, 18 Since Inception 8.32 10.25 7.84 11,876 12,336 11,762
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
April 2020 59
ANUPAM JOSHI....CONTINUED
SCHEME PERFORMANCE - REGULAR PLAN - GROWTH OPTION (FUND MANAGER-WISE)
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. n.A.: not Available
Performance of close-ended Scheme is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended schemes is primarily buy and hold whereas open ended schemes are actively managed.
HDFC FMP 1208D MARCH 2018 (1) NAV as on Apr 30, 2020 ` 11.5100
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 7.63 13.44 8.37 10,763 11,344 10,837Mar 16, 18 Since Inception 6.84 9.99 7.79 11,510 12,245 11,730
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1143D MARCH 2018 (1) NAV as on Apr 30, 2020 ` 11.8395
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.45 13.44 8.37 10,945 11,344 10,837Mar 13, 18 Since Inception 8.23 10.18 7.81 11,840 12,298 11,740
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1147D MARCH 2018 (1) NAV as on Apr 30, 2020 ` 11.8089
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.48 13.44 8.37 10,948 11,344 10,837Mar 22, 18 Since Inception 8.20 10.03 7.80 11,809 12,234 11,718
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1145D MARCH 2018 (1) NAV as on Apr 30, 2020 ` 11.8033
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.50 13.44 8.37 10,950 11,344 10,837Mar 23, 18 Since Inception 8.19 9.99 7.81 11,803 12,222 11,716
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1177D MARCH 2018 (1) NAV as on Apr 30, 2020 ` 11.4608
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 7.22 13.44 8.37 10,722 11,344 10,837Mar 28, 18 Since Inception 6.73 9.60 7.74 11,461 12,115 11,688
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1183D APRIL 2018 (1) NAV as on Apr 30, 2020 ` 11.7391
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.50 13.44 8.37 10,950 11,344 10,837Apr 17, 18 Since Inception 8.18 9.87 7.79 11,739 12,116 11,651
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1141D AUGUST 2018 (1) NAV as on Apr 30, 2020 ` 11.1293
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 6.46 13.44 8.37 10,646 11,344 10,837Aug 14, 18 Since Inception 6.45 11.54 8.37 11,129 12,057 11,476
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1105D AUGUST 2018 (1) NAV as on Apr 30, 2020 ` 11.6139
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.45 13.44 8.37 10,945 11,344 10,837Aug 08, 18 Since Inception 9.04 11.45 8.35 11,614 12,062 11,486
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1113D AUGUST 2018 (1) NAV as on Apr 30, 2020 ` 11.5041
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 8.60 13.44 8.37 10,860 11,344 10,837Aug 14, 18 Since Inception 8.53 11.54 8.37 11,504 12,057 11,476
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1105D AUGUST 2018 (2) NAV as on Apr 30, 2020 ` 11.6232
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.58 13.44 8.37 10,958 11,344 10,837Aug 29, 18 Since Inception 9.42 11.90 8.42 11,623 12,067 11,446
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1122D AUGUST 2018 (1) NAV as on Apr 30, 2020 ` 11.6110
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.32 13.44 8.37 10,932 11,344 10,837Sep 05, 18 Since Inception 9.46 12.46 8.46 11,611 12,141 11,436
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1487D AUGUST 2018 (1) NAV as on Apr 30, 2020 ` 11.1811
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 7.37 13.44 8.37 10,737 11,344 10,837Sep 04, 18 Since Inception 6.98 12.39 8.45 11,181 12,133 11,436
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1115D SEPTEMBER 2018 (1) NAV as on Apr 30, 2020 ` 11.6705
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.57 13.44 8.37 10,957 11,344 10,837Sep 12, 18 Since Inception 9.92 12.77 8.62 11,671 12,168 11,445
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1381D SEPTEMBER 2018 (1) NAV as on Apr 30, 2020 ` 11.7951
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.32 13.44 8.37 11,032 11,344 10,837Sep 19, 18 Since Inception 10.77 12.71 8.63 11,795 12,130 11,429
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
60 April 2020
ANUPAM JOSHI....CONTINUED
SCHEME PERFORMANCE - REGULAR PLAN - GROWTH OPTION (FUND MANAGER-WISE)
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. n.A.: not Available
Performance of close-ended Scheme is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended schemes is primarily buy and hold whereas open ended schemes are actively managed.
HDFC FMP 1372D SEPTEMBER 2018 (1) NAV as on Apr 30, 2020 ` 11.7624
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.23 13.44 8.37 11,023 11,344 10,837Sep 28, 18 Since Inception 10.76 12.89 8.64 11,762 12,125 11,407
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
MITEN LATHIA
HDFC EOF - II - 1126D MAy 2017 (1) NAV as on Apr 30, 2020 ` 8.3330
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year -21.97 -14.88 -12.51 7,803 8,512 8,749Jun 15, 17 Since Inception -6.14 2.33 4.10 8,333 10,686 11,224
# nIFTY 50 (Total Returns Index) ## S&P BSE SEnSEx (Total Returns Index). The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Miten Lathia w.e.f. June 01, 2019.
HDFC EOF - II - 1100D JUNE 2017 (1) NAV as on Apr 30, 2020 ` 8.3370
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year -18.65 -14.88 -12.51 8,135 8,512 8,749Jul 17, 17 Since Inception -6.31 1.03 2.91 8,337 10,289 10,832
# nIFTY 50 (Total Returns Index) ## S&P BSE SEnSEx (Total Returns Index). The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Miten Lathia w.e.f. June01, 2019.
KRISHAN KUMAR DAGA
HDFC GOLD EXCHANGE TRADED FUND* NAV as on Apr 30, 2020 ` 4209.980
Date Period Scheme Returns (%)
Benchmark Returns
(%)#
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Apr 30, 19 Last 1 Year 45.12 47.06 14,512 14,706Apr 28, 17 Last 3 Years 16.07 17.45 15,658 16,225Apr 30, 15 Last 5 Years 10.28 11.55 16,320 17,279Aug 13, 10 Since Inception 9.13 10.04 23,385 25,343
# Domestic Price of Physical Gold. Since inception returns are calculated on ̀ 1800.3288 (allotment price) * The Scheme does not offer any Plans/Options. The scheme is managed by Mr. Krishan Kumar Daga since October 19, 2015.
HDFC GOLD FUND NAV as on Apr 30, 2020 ` 15.473
Date Period Scheme Returns (%)
Benchmark Returns
(%)#
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Apr 30, 19 Last 1 Year 49.83 47.06 14,983 14,706Apr 28, 17 Last 3 Years 16.69 17.45 15,909 16,225Apr 30, 15 Last 5 Years 10.71 11.55 16,639 17,279nov 01, 11 Since Inception 5.27 6.64 15,473 17,270
# Domestic Price of Physical Gold. The scheme is managed by Mr. Krishan Kumar Daga since October 19, 2015.
HDFC CHARITy FUND FOR CANCER CURE - ARBITRAGE PLAN^
NAV as on Apr 30, 2020 ` 10.069
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##Apr 30, 19 Last 1 Year 2.78 5.60 -14.88 10,278 10,560 8,512Apr 28, 17 Last 3 Years 5.14 5.29 3.33 11,628 11,676 11,034Mar 27, 17 Since Inception 5.21 5.25 4.18 11,701 11,717 11,352
# nIFTY 50 Arbitrage Index ## nIFTY 50 Index. The Scheme is in existence for more than 1 year but less than 5 years. The scheme is managed by Mr. Krishan Kumar Daga since inception. ^ Scheme offers Dividend option only. Returns of HDFC Charity Fund for Cancer Cure - Arbitrage Plan - Regular Plan are computed based on nAV of Dividend Option and all dividends (after statutory levy) are assumed to be reinvested in the units of the scheme at the then prevailing nAV (ex-dividend nAV).
RAKESH VyAS
HDFC HOF - I - 1140D NOVEMBER 2017 (1) NAV as on Apr 30, 2020 ` 7.0080
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year -25.91 -18.13 -14.88 7,409 8,187 8,512Dec 06, 17 Since Inception -13.77 -5.01 0.50 7,008 8,841 10,122
# India Housing & Allied Businesses Index ## nIFTY 50 (Total Returns Index) The Scheme is in existence for more than 1 year but less than 3 years. The Scheme was co-managed by Rakesh Vyas & Prashant Jain from June 01, 2019 till January 23, 2020.
CO-MANAGED By MITEN LATHIA & ANIL BAMBOLI
HDFC DyNAMIC PE RATIO FUND OF FUNDS NAV as on Apr 30, 2020 ` 17.1055
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year -8.57 -4.48 -14.88 9,143 9,552 8,512Apr 28, 17 Last 3 Years 0.32 5.67 3.33 10,097 11,806 11,034Apr 30, 15 Last 5 Years 4.72 6.79 5.16 12,599 13,896 12,863Feb 06, 12 Since Inception 6.74 9.32 9.04 17,106 20,838 20,396
# nIFTY 50 Hybrid Composite Debt 65:35 Index ## nIFTY 50 (Total Returns Index). Scheme performance may not strictly be comparable with that of its Additional Benchmark in view of hybrid nature of the scheme where a portion of scheme’s investments are made in equity instruments. The scheme is co-managed by Mr. Miten Lathia & Mr. Anil Bamboli since June 28, 2014.
April 2020 61
SCHEME PERFORMANCE - DIRECT PLAN - GROWTH OPTION (FUND MANAGER-WISE)
PRASHANT JAIN
HDFC EQUITy FUND NAV as on Apr 30, 2020 ` 549.732
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested Scheme
(`)Benchmark
(`)#Additional
Benchmark (`)##
Apr 30, 19 Last 1 Year -22.41 -15.93 -14.88 7,759 8,407 8,512Apr 28, 17 Last 3 Years -1.86 0.42 3.33 9,452 10,126 11,034Apr 30, 15 Last 5 Years 3.28 4.76 5.16 11,753 12,622 12,863Jan 01, 13 Since Inception 8.77 8.54 8.47 18,517 18,233 18,147
HDFC BALANCED ADVANTAGE FUND NAV as on Apr 30, 2020 ` 172.498
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested Scheme
(`)Benchmark
(`)#Additional
Benchmark (`)##
Apr 30, 19 Last 1 Year -16.71 -4.48 -14.88 8,329 9,552 8,512Apr 28, 17 Last 3 Years -0.92 5.67 3.33 9,727 11,806 11,034Apr 30, 15 Last 5 Years 4.68 6.79 5.16 12,570 13,896 12,863Jan 01, 13 Since Inception 9.43 8.92 8.47 19,363 18,711 18,147
# nIFTY 50 Hybrid Composite Debt 65:35 Index ## nIFTY 50 (Total Returns Index). Scheme performance may not strictly be comparable with that of its Additional Benchmark in view of balanced nature of the scheme where a portion of scheme’s investments are made in debt instruments. Refer to note on performance disclosure on Page no. 16.
VINAy KULKARNI
HDFC FOCUSED 30 FUND NAV as on Apr 30, 2020 ` 64.200
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested Scheme
(`)Benchmark
(`)#Additional
Benchmark (`)##
Apr 30, 19 Last 1 Year -21.67 -15.93 -12.51 7,833 8,407 8,749Apr 28, 17 Last 3 Years -5.76 0.42 5.35 8,365 10,126 11,697Apr 30, 15 Last 5 Years 1.95 4.76 5.93 11,015 12,622 13,341Jan 01, 13 Since Inception 6.56 8.54 9.16 15,930 18,233 19,014
HDFC GROWTH OPPORTUNITIES FUND NAV as on Apr 30, 2020 ` 93.488
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested Scheme
(`)Benchmark
(`)#Additional
Benchmark (`)##
Apr 30, 19 Last 1 Year -18.81 -15.76 -12.51 8,119 8,424 8,749Apr 28, 17 Last 3 Years -2.72 -0.65 5.35 9,203 9,806 11,697Apr 30, 15 Last 5 Years 1.23 5.47 5.93 10,630 13,057 13,341Jan 01, 13 Since Inception 4.66 9.84 9.16 13,969 19,897 19,014
# nIFTY Large Midcap 250 (Total Returns Index) ## S&P BSE SEnSEx (Total Returns Index). The Scheme, formerly a large cap fund, has undergone change in Fundamental attributes w.e.f. May 23, 2018 and become a Large and Mid-cap Fund. Accordingly, the Scheme’s benchmark has also changed. Hence, the past performance of the Scheme may not strictly be comparable with that of the new benchmark.
HDFC TAXSAVER NAV as on Apr 30, 2020 ` 425.790
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year -22.47 -15.93 -14.88 7,753 8,407 8,512Apr 28, 17 Last 3 Years -4.95 0.42 3.33 8,584 10,126 11,034Apr 30, 15 Last 5 Years 1.58 4.76 5.16 10,816 12,622 12,863Jan 01, 13 Since Inception 7.75 8.54 8.47 17,280 18,233 18,147
HDFC HyBRID EQUITy FUND NAV as on Apr 30, 2020 ` 49.257
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested Scheme
(`)Benchmark
(`)#Additional
Benchmark (`)##
Apr 30, 19 Last 1 Year -12.15 -4.48 -14.88 8,785 9,552 8,512Apr 28, 17 Last 3 Years 1.04 5.67 3.33 10,315 11,806 11,034Apr 30, 15 Last 5 Years 5.99 6.79 5.16 13,380 13,896 12,863Jan 01, 13 Since Inception 11.58 8.92 8.47 22,337 18,711 18,147
# nIFTY 50 Hybrid Composite Debt 65:35 Index ## nIFTY 50 (Total Returns Index). Refer to note on performance disclosure on Page no. 18.
HDFC CHILDREN’S GIFT FUND NAV as on Apr 30, 2020 ` 113.722
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year -10.43 -4.48 -14.88 8,957 9,552 8,512Apr 28, 17 Last 3 Years 2.35 5.67 3.33 10,724 11,806 11,034Apr 30, 15 Last 5 Years 6.42 6.79 5.16 13,653 13,896 12,863Jan 01, 13 Since Inception 11.60 8.92 8.47 22,363 18,711 18,147
# nIFTY 50 Hybrid Composite Debt 65:35 Index ## nIFTY 50 (Total Returns Index). Scheme performance may not strictly be comparable with that of its Additional Benchmark in view of balanced nature of the scheme where a portion of scheme’s investments are made in debt instruments.
HDFC LONG TERM ADVANTAGE FUND NAV as on Apr 30, 2020 ` 307.683
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year -18.38 -12.51 -14.88 8,162 8,749 8,512Apr 28, 17 Last 3 Years -0.08 5.35 3.33 9,976 11,697 11,034Apr 30, 15 Last 5 Years 5.39 5.93 5.16 13,005 13,341 12,863Jan 01, 13 Since Inception 10.48 9.16 8.47 20,765 19,014 18,147
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. n.A.: not Available
62 April 2020
SCHEME PERFORMANCE - DIRECT PLAN - GROWTH OPTION (FUND MANAGER-WISE)
SHOBHIT MEHROTRA
HDFC INCOME FUND NAV as on Apr 30, 2020 ` 46.5287
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.45 13.91 15.17 11,045 11,391 11,517Apr 28, 17 Last 3 Years 6.36 7.99 7.52 12,038 12,601 12,438Apr 30, 15 Last 5 Years 7.41 8.35 8.22 14,302 14,937 14,851Jan 01, 13 Since Inception 8.00 8.44 7.67 17,577 18,115 17,197
# nIFTY Medium To Long Duration Debt Index ## CRISIL 10 year Gilt Index.
HDFC MEDIUM TERM DEBT FUND NAV as on Apr 30, 2020 ` 41.5450
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 8.54 11.59 8.37 10,854 11,159 10,837Apr 28, 17 Last 3 Years 7.43 7.95 7.27 12,407 12,587 12,351Apr 30, 15 Last 5 Years 8.22 8.31 7.29 14,850 14,912 14,220Jan 01, 13 Since Inception 8.61 8.60 7.30 18,319 18,311 16,767
# nIFTY Medium Duration Debt Index ## CRISIL 1 year T-Bill Index.
HDFC FLOATING RATE DEBT FUND NAV as on Apr 30, 2020 ` 35.4227
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 7.78 6.25 8.37 10,778 10,625 10,837Apr 28, 17 Last 3 Years 7.49 6.91 7.27 12,427 12,225 12,351Apr 30, 15 Last 5 Years 7.96 7.15 7.29 14,670 14,130 14,220Jan 01, 13 Since Inception 8.38 7.76 7.30 18,045 17,293 16,767
# CRISIL Liquid Fund Index ## CRISIL 1 year T-Bill Index.
HDFC CREDIT RISK DEBT FUND NAV as on Apr 30, 2020 ` 17.0764
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 7.12 8.43 15.17 10,712 10,843 11,517Apr 28, 17 Last 3 Years 6.85 7.61 7.52 12,204 12,469 12,438Apr 30, 15 Last 5 Years 8.41 8.50 8.22 14,982 15,046 14,851Mar 25, 14 Since Inception 9.16 9.00 9.08 17,076 16,921 16,996
# nIFTY Credit Risk Bond Index ## CRISIL 10 year Gilt Index. Refer to note on performance disclosure on Page no. 39.
HDFC FMP 3360D MARCH 2014 (1) NAV as on Apr 30, 2020 ` 16.0252
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 12.99 13.44 15.17 11,299 11,344 11,517Apr 28, 17 Last 3 Years 8.93 8.33 7.52 12,934 12,723 12,438Apr 30, 15 Last 5 Years 9.75 8.82 8.22 15,929 15,266 14,851Mar 26, 14 Since Inception 8.04 9.67 9.07 16,025 17,563 16,987
# CRISIL Composite Bond Fund Index ## CRISIL 10 year Gilt Index. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1213D MARCH 2017 (1) NAV as on Apr 30, 2020 ` 12.8978
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.98 13.44 8.37 10,998 11,344 10,837Apr 28, 17 Last 3 Years 8.48 8.33 7.27 12,774 12,723 12,351Mar 23, 17 Since Inception 8.54 8.29 7.13 12,898 12,809 12,386
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 5 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1188D MARCH 2017 (1) NAV as on Apr 30, 2020 ` 12.8617
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.12 13.44 8.37 11,012 11,344 10,837Apr 28, 17 Last 3 Years 8.44 8.33 7.27 12,759 12,723 12,351Mar 30, 17 Since Inception 8.49 8.15 7.14 12,862 12,735 12,375
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 5 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1172D APRIL 2017 (1) NAV as on Apr 30, 2020 ` 12.4361
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 7.95 13.44 8.37 10,795 11,344 10,837Apr 28, 17 Last 3 Years 7.38 8.33 7.27 12,390 12,723 12,351Apr 11, 17 Since Inception 7.40 8.28 7.17 12,436 12,751 12,357
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 5 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1165D APRIL 2017 (1) NAV as on Apr 30, 2020 ` 12.3944
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 7.70 13.44 8.37 10,770 11,344 10,837Apr 28, 17 Last 3 Years 7.35 8.33 7.27 12,378 12,723 12,351Apr 18, 17 Since Inception 7.33 8.22 7.23 12,394 12,711 12,360
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 5 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1166D MAy 2017 (1) NAV as on Apr 30, 2020 ` 12.6507
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.44 13.44 8.37 10,944 11,344 10,837May 09, 17 Since Inception 8.22 8.35 7.29 12,651 12,697 12,332
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1136D JUNE 2017 (1) NAV as on Apr 30, 2020 ` 12.5517
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.02 13.44 8.37 11,002 11,344 10,837Jun 08, 17 Since Inception 8.16 7.74 7.31 12,552 12,411 12,265
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1430D JULy 2017 (1) NAV as on Apr 30, 2020 ` 12.2084
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.61 13.44 8.37 10,961 11,344 10,837Aug 01, 17 Since Inception 7.53 7.67 7.35 12,208 12,251 12,153
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. n.A.: not Available
Performance of close-ended schemes, being close-ended in nature, is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended schemes is primarily buy-and-hold whereas open-ended schemes are actively managed.
April 2020 63
SCHEME PERFORMANCE - DIRECT PLAN - GROWTH OPTION (FUND MANAGER-WISE)
HDFC FMP 1113D JUNE 2018 (1) NAV as on Apr 30, 2020 ` 11.8936
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.81 13.44 8.37 10,981 11,344 10,837Jun 14, 18 Since Inception 9.67 11.61 8.18 11,894 12,292 11,592
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1124D JUNE 2018 (1) NAV as on Apr 30, 2020 ` 11.4101
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 8.85 13.44 8.37 10,885 11,344 10,837Jun 29, 18 Since Inception 7.44 11.54 8.19 11,410 12,224 11,556
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1099D JUNE 2018 (1) NAV as on Apr 30, 2020 ` 11.8631
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.80 13.44 8.37 10,980 11,344 10,837Jun 28, 18 Since Inception 9.72 11.58 8.18 11,863 12,236 11,558
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1122D JULy 2018 (1) NAV as on Apr 30, 2020 ` 11.8509
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.90 13.44 8.37 10,990 11,344 10,837Jul 04, 18 Since Inception 9.75 11.43 8.23 11,851 12,184 11,552
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1133D JULy 2018 (1) NAV as on Apr 30, 2020 ` 11.5946
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 8.30 13.44 8.37 10,830 11,344 10,837Jul 25, 18 Since Inception 8.73 11.42 8.31 11,595 12,106 11,515
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1133D FEBRUARy 2019 (1) NAV as on Apr 30, 2020 ` 11.2138
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.57 13.44 8.37 11,057 11,344 10,837Mar 06, 19 Since Inception 10.44 12.95 8.10 11,214 11,508 10,940
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1126D MARCH 2019 (1) NAV as on Apr 30, 2020 ` 11.1669
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.46 13.44 8.37 11,046 11,344 10,837Mar 13, 19 Since Inception 10.22 12.74 8.10 11,167 11,456 10,924
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1127D MARCH 2019 (1) NAV as on Apr 30, 2020 ` 11.1039
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.40 13.44 8.37 11,040 11,344 10,837Mar 19, 19 Since Inception 9.82 12.75 8.06 11,104 11,435 10,905
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1120D MARCH 2019 (1) NAV as on Apr 30, 2020 ` 11.0703
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.41 13.44 8.37 11,041 11,344 10,837Mar 26, 19 Since Inception 9.70 12.41 8.06 11,070 11,372 10,889
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1118D MARCH 2019 (1) NAV as on Apr 30, 2020 ` 11.0626
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.44 13.44 8.37 11,044 11,344 10,837Mar 28, 19 Since Inception 9.68 12.35 8.08 11,063 11,358 10,887
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
KRISHAN KUMAR DAGA
HDFC ARBITRAGE FUND - WHOLESALE PLAN NAV as on Apr 30, 2020 ` 14.943
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 6.19 5.60 -14.88 10,619 10,560 8,512Apr 28, 17 Last 3 Years 6.25 5.29 3.33 12,001 11,676 11,034Apr 30, 15 Last 5 Years 6.58 5.62 5.16 13,757 13,146 12,863Apr 07, 14 Since Inception 6.84 6.22 7.95 14,943 14,420 15,908
# nIFTY 50 Arbitrage Index ## nIFTY 50 (Total Returns Index). Scheme performance is not strictly comparable with that of its Additional Benchmark since the scheme does not take directional call in equity markets but is limited to availing arbitrage opportunities, etc.
HDFC INDEX FUND - SENSEX PLAN NAV as on Apr 30, 2020 ` 303.6986
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year -12.97 -12.51 -14.88 8,703 8,749 8,512Apr 28, 17 Last 3 Years 4.93 5.35 3.33 11,556 11,697 11,034Apr 30, 15 Last 5 Years 5.63 5.93 5.16 13,157 13,341 12,863Jan 01, 13 Since Inception 8.80 9.16 8.47 18,560 19,014 18,147
# S&P BSE SEnSEx (Total Returns Index) ## nIFTY 50 (Total Returns Index). Refer to note on performance disclosure on Page no. 24.
HDFC INDEX FUND - NIFTy 50 PLAN NAV as on Apr 30, 2020 ` 91.0186
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year -15.45 -14.88 -12.51 8,455 8,512 8,749Apr 28, 17 Last 3 Years 2.94 3.33 5.35 10,912 11,034 11,697Apr 30, 15 Last 5 Years 4.79 5.16 5.93 12,638 12,863 13,341Jan 01, 13 Since Inception 8.11 8.47 9.16 17,715 18,147 19,014
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. n.A.: not Available
Performance of close-ended schemes, being close-ended in nature, is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended schemes is primarily buy-and-hold whereas open-ended schemes are actively managed.
SHOBHIT MEHROTRA....CONTINUED
64 April 2020
SCHEME PERFORMANCE - DIRECT PLAN - GROWTH OPTION (FUND MANAGER-WISE)
HDFC GOLD FUND NAV as on Apr 30, 2020 ` 15.9105
Date Period Scheme Returns (%)
Benchmark Returns
(%)#
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Apr 30, 19 Last 1 Year 50.40 47.06 15,040 14,706Apr 28, 17 Last 3 Years 17.18 17.45 16,112 16,225Apr 30, 15 Last 5 Years 11.20 11.55 17,010 17,279Jan 01, 13 Since Inception 5.09 6.02 14,387 15,347
# Domestic Price of Physical Gold. The scheme is managed by Mr. Krishan Kumar Daga since October 19, 2015.
HDFC CHARITy FUND FOR CANCER CURE - ARBITRAGE PLAN^
NAV as on Apr 30, 2020 ` 10.069
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 2.78 5.60 -14.88 10,278 10,560 8,512Apr 28, 17 Last 3 Years 5.14 5.29 3.33 11,628 11,676 11,034Mar 27, 17 Since Inception 5.21 5.25 4.18 11,701 11,717 11,352
# nIFTY 50 Arbitrage Index ## nIFTY 50 Index. The Scheme is in existence for more than 1 year but less than 5 years. The scheme is managed by Mr. Krishan Kumar Daga since inception. ^Scheme offers Dividend option only. Returns of HDFC Charity Fund for Cancer Cure - Arbitrage Plan - Direct Plan are computed based on nAV of Dividend Option and all dividends (after statutory levy) are assumed to be reinvested in the units of the scheme at the then prevailing nAV (ex-dividend nAV).
ANUPAM JOSHI
HDFC CORPORATE BOND FUND NAV as on Apr 30, 2020 ` 23.1487
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.44 9.49 15.17 11,044 10,949 11,517Apr 28, 17 Last 3 Years 8.22 7.53 7.52 12,683 12,442 12,438Apr 30, 15 Last 5 Years 8.61 8.10 8.22 15,116 14,764 14,851Jan 01, 13 Since Inception 8.83 8.56 7.67 18,593 18,257 17,197
# nIFTY Corporate Bond Index ## CRISIL 10 year Gilt Index. Refer to note on performance disclosure on Page no. 38.
HDFC LOW DURATION FUND NAV as on Apr 30, 2020 ` 44.1438
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 7.54 7.51 8.37 10,754 10,751 10,837Apr 28, 17 Last 3 Years 7.38 7.33 7.27 12,389 12,372 12,351Apr 30, 15 Last 5 Years 7.91 7.69 7.29 14,637 14,492 14,220Jan 01, 13 Since Inception 8.27 8.10 7.30 17,906 17,705 16,767
# nIFTY Low Duration Debt Index ## CRISIL 1 year T-Bill Index.
HDFC LIQUID FUND NAV as on Apr 30, 2020 ` 3923.0899
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##Apr 23, 20 Last 7 days 2.44 2.83 13.94 10,005 10,005 10,027Apr 15, 20 Last 15 days 5.37 5.12 22.84 10,022 10,021 10,094Mar 31, 20 Last 1 Month 5.13 5.04 15.21 10,042 10,041 10,125Apr 30, 19 Last 1 Year 6.02 6.25 8.37 10,602 10,625 10,837Apr 28, 17 Last 3 Years 6.73 6.91 7.27 12,165 12,225 12,351Apr 30, 15 Last 5 Years 7.11 7.15 7.29 14,106 14,130 14,220Dec 31, 12 Since Inception 7.78 7.76 7.31 17,320 17,296 16,774
Returns less than 1 year period are simple annualized. # CRISIL Liquid Fund Index ## CRISIL 1 year T-Bill Index.
HDFC FMP 1158D FEBRUARy 2018 (1) NAV as on Apr 30, 2020 ` 11.9823
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##Apr 30, 19 Last 1 Year 9.72 13.44 8.37 10,972 11,344 10,837Feb 27, 18 Since Inception 8.68 10.21 7.82 11,982 12,353 11,777
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1150D MARCH 2018 (1) NAV as on Apr 30, 2020 ` 11.9398
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##Apr 30, 19 Last 1 Year 9.62 13.44 8.37 10,962 11,344 10,837Mar 07, 18 Since Inception 8.59 10.25 7.84 11,940 12,336 11,762
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1208D MARCH 2018 (1) NAV as on Apr 30, 2020 ` 11.5837
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##Apr 30, 19 Last 1 Year 7.96 13.44 8.37 10,796 11,344 10,837Mar 16, 18 Since Inception 7.16 9.99 7.79 11,584 12,245 11,730
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1143D MARCH 2018 (1) NAV as on Apr 30, 2020 ` 11.9030
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##Apr 30, 19 Last 1 Year 9.72 13.44 8.37 10,972 11,344 10,837Mar 13, 18 Since Inception 8.50 10.18 7.81 11,903 12,298 11,740
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1147D MARCH 2018 (1) NAV as on Apr 30, 2020 ` 11.8714
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##Apr 30, 19 Last 1 Year 9.75 13.44 8.37 10,975 11,344 10,837Mar 22, 18 Since Inception 8.47 10.03 7.80 11,871 12,234 11,718
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1145D MARCH 2018 (1) NAV as on Apr 30, 2020 ` 11.8654
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.78 13.44 8.37 10,978 11,344 10,837Mar 23, 18 Since Inception 8.46 9.99 7.81 11,865 12,222 11,716
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1177D MARCH 2018 (1) NAV as on Apr 30, 2020 ` 11.5341
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 7.54 13.44 8.37 10,754 11,344 10,837Mar 28, 18 Since Inception 7.06 9.60 7.74 11,534 12,115 11,688
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1183D APRIL 2018 (1) NAV as on Apr 30, 2020 ` 11.7989
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.78 13.44 8.37 10,978 11,344 10,837Apr 17, 18 Since Inception 8.45 9.87 7.79 11,799 12,116 11,651
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. n.A.: not Available
Performance of close-ended schemes, being close-ended in nature, is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended schemes is primarily buy-and-hold whereas open-ended schemes are actively managed.
KRISHAN KUMAR DAGA....CONTINUED
KRISHAN KUMAR DAGA
April 2020 65
SCHEME PERFORMANCE - DIRECT PLAN - GROWTH OPTION (FUND MANAGER-WISE)
HDFC FMP 1141D AUGUST 2018 (1) NAV as on Apr 30, 2020 ` 11.2256
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 6.73 13.44 8.37 10,673 11,344 10,837Aug 14, 18 Since Inception 6.98 11.54 8.37 11,226 12,057 11,476
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1105D AUGUST 2018 (1) NAV as on Apr 30, 2020 ` 11.6971
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.67 13.44 8.37 10,967 11,344 10,837Aug 08, 18 Since Inception 9.49 11.45 8.35 11,697 12,062 11,486
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1113D AUGUST 2018 (1) NAV as on Apr 30, 2020 ` 11.5859
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 8.83 13.44 8.37 10,883 11,344 10,837Aug 14, 18 Since Inception 8.98 11.54 8.37 11,586 12,057 11,476
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1105D AUGUST 2018 (2) NAV as on Apr 30, 2020 ` 11.7062
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.84 13.44 8.37 10,984 11,344 10,837Aug 29, 18 Since Inception 9.88 11.90 8.42 11,706 12,067 11,446
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1122D AUGUST 2018 (1) NAV as on Apr 30, 2020 ` 11.6939
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.60 13.44 8.37 10,960 11,344 10,837Sep 05, 18 Since Inception 9.94 12.46 8.46 11,694 12,141 11,436
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1487D AUGUST 2018 (1) NAV as on Apr 30, 2020 ` 11.3331
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 8.03 13.44 8.37 10,803 11,344 10,837Sep 04, 18 Since Inception 7.86 12.39 8.45 11,333 12,133 11,436
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1115D SEPTEMBER 2018 (1) NAV as on Apr 30, 2020 ` 11.7541
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.87 13.44 8.37 10,987 11,344 10,837Sep 12, 18 Since Inception 10.40 12.77 8.62 11,754 12,168 11,445
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1381D SEPTEMBER 2018 (1) NAV as on Apr 30, 2020 ` 11.9030
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.72 13.44 8.37 11,072 11,344 10,837Sep 19, 18 Since Inception 11.40 12.71 8.63 11,903 12,130 11,429
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1372D SEPTEMBER 2018 (1) NAV as on Apr 30, 2020 ` 11.8523
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.58 13.44 8.37 11,058 11,344 10,837Sep 28, 18 Since Inception 11.29 12.89 8.64 11,852 12,125 11,407
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
ANIL BAMBOLI
HDFC DyNAMIC DEBT FUND NAV as on Apr 30, 2020 ` 66.9669
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 8.17 13.11 15.17 10,817 11,311 11,517Apr 28, 17 Last 3 Years 4.56 8.15 7.52 11,434 12,656 12,438Apr 30, 15 Last 5 Years 6.43 8.67 8.22 13,660 15,163 14,851Jan 01, 13 Since Inception 7.85 8.85 7.67 17,407 18,620 17,197
# CRISIL Dynamic Debt Index ## CRISIL 10 year Gilt Index.
HDFC SHORT TERM DEBT FUND NAV as on Apr 30, 2020 ` 22.8663
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.53 10.00 8.37 10,953 11,000 10,837Apr 28, 17 Last 3 Years 7.91 7.84 7.27 12,572 12,550 12,351Apr 30, 15 Last 5 Years 8.24 8.18 7.29 14,866 14,819 14,220Jan 01, 13 Since Inception 8.65 8.55 7.30 18,370 18,242 16,767
# CRISIL Short Term Bond Fund Index ## CRISIL 1 year T-Bill Index.
HDFC ULTRA SHORT TERM FUND NAV as on Apr 30, 2020 ` 11.3158
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 7.40 7.41 8.37 10,740 10,741 10,837Sep 25, 18 Since Inception 8.05 7.88 8.62 11,316 11,288 11,411
# CRISIL Ultra Short Term Debt Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC GILT FUND NAV as on Apr 30, 2020 ` 42.7927
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 12.07 14.89 15.17 11,207 11,489 11,517Apr 28, 17 Last 3 Years 7.66 8.58 7.52 12,486 12,811 12,438Apr 30, 15 Last 5 Years 8.40 8.81 8.22 14,972 15,263 14,851Jan 01, 13 Since Inception 8.85 8.71 7.67 18,623 18,451 17,197
# CRISIL Dynamic Gilt Index ## CRISIL 10 year Gilt Index.
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. n.A.: not Available
Performance of close-ended schemes, being close-ended in nature, is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended schemes is primarily buy-and-hold whereas open-ended schemes are actively managed.
ANUPAM JOSHI....CONTINUED
66 April 2020
SCHEME PERFORMANCE - DIRECT PLAN - GROWTH OPTION (FUND MANAGER-WISE)
HDFC BANKING AND PSU DEBT FUND NAV as on Apr 30, 2020 ` 16.7296
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.67 10.23 8.37 10,967 11,023 10,837Apr 28, 17 Last 3 Years 7.86 7.44 7.27 12,557 12,410 12,351Apr 30, 15 Last 5 Years 8.54 7.83 7.29 15,069 14,585 14,220Mar 26, 14 Since Inception 8.80 8.45 7.51 16,730 16,401 15,556
# nIFTY Banking & PSU Index ## CRISIL 1 year T-Bill Index.
HDFC MONEy MARKET FUND NAV as on Apr 30, 2020 ` 4250.8578
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 8.00 6.67 8.37 10,800 10,667 10,837Apr 28, 17 Last 3 Years 7.57 6.99 7.27 12,455 12,253 12,351Apr 30, 15 Last 5 Years 7.62 7.31 7.29 14,444 14,238 14,220Dec 31, 12 Since Inception 8.11 7.90 7.31 17,718 17,469 16,774
# nIFTY Money Market Index ## CRISIL 1 year T-Bill Index.
HDFC OVERNIGHT FUND NAV as on Apr 30, 2020 ` 2975.6561
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 23, 20 Last 7 days 2.79 2.58 13.94 10,005 10,005 10,027Apr 15, 20 Last 15 days 2.95 2.77 22.84 10,012 10,011 10,094Mar 31, 20 Last 1 Month 2.68 2.62 15.21 10,022 10,022 10,125Apr 30, 19 Last 1 Year 4.91 4.97 8.37 10,491 10,497 10,837Apr 28, 17 Last 3 Years 5.72 5.75 7.27 11,822 11,833 12,351Apr 30, 15 Last 5 Years 6.07 6.12 7.29 13,431 13,462 14,220Dec 31, 12 Since Inception 6.74 6.82 7.31 16,133 16,220 16,774
Returns less than 1 year period are simple annualized. # CRISIL Overnight Index ## CRISIL 1 year T-Bill Index.
HDFC CHARITy FUND FOR CANCER CURE - DEBT PLAN^
NAV as on Apr 30, 2020 ` 10.0756
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 3.89 10.00 8.37 10,389 11,000 10,837Apr 28, 17 Last 3 Years 6.01 7.84 7.27 11,919 12,550 12,351Mar 27, 17 Since Inception 6.07 7.77 7.14 12,002 12,607 12,379
# CRISIL Short Term Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 5 years. The scheme is managed by Mr. Anil Bamboli since inception. ^ Scheme offers Dividend option only. Returns of HDFC Charity Fund for Cancer Cure - Debt Plan - Direct Plan are computed based on nAV of Dividend Option and all dividends (after statutory levy) are assumed to be reinvested in the units of the scheme at the then prevailing nAV (ex-dividend nAV).
HDFC FMP 1846D AUGUST 2013 (1) NAV as on Apr 30, 2020 ` 17.4828
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 7.76 13.44 8.37 10,776 11,344 10,837Apr 28, 17 Last 3 Years 7.04 8.33 7.27 12,271 12,723 12,351Apr 30, 15 Last 5 Years 7.53 8.82 7.29 14,384 15,266 14,220Aug 14, 13 Since Inception 8.67 9.72 7.64 17,483 18,639 16,399
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 370D MARCH 2014 (1) NAV as on Apr 30, 2020 ` 16.1269
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 7.67 10.00 8.37 10,767 11,000 10,837Apr 28, 17 Last 3 Years 7.35 7.84 7.27 12,378 12,550 12,351Apr 30, 15 Last 5 Years 7.67 8.18 7.29 14,478 14,819 14,220Mar 05, 14 Since Inception 8.07 8.59 7.54 16,127 16,613 15,652
# CRISIL Short Term Bond Fund Index ## CRISIL 1 year T-Bill Index. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 793D FEBRUARy 2014 (1) NAV as on Apr 30, 2020 ` 16.5907
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 7.78 10.00 8.37 10,778 11,000 10,837Apr 28, 17 Last 3 Years 7.42 7.84 7.27 12,402 12,550 12,351Apr 30, 15 Last 5 Years 7.81 8.18 7.29 14,573 14,819 14,220Feb 26, 14 Since Inception 8.54 8.60 7.54 16,591 16,649 15,671
# CRISIL Short Term Bond Fund Index ## CRISIL 1 year T-Bill Index. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1218D DECEMBER 2016 (1) NAV as on Apr 30, 2020 ` 13.0193
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.21 13.44 8.37 10,921 11,344 10,837Apr 28, 17 Last 3 Years 8.36 8.33 7.27 12,733 12,723 12,351Jan 12, 17 Since Inception 8.33 7.49 7.07 13,019 12,691 12,528
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 5 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1199D JANUARy 2017 (1) NAV as on Apr 30, 2020 ` 12.8966
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.27 13.44 8.37 10,927 11,344 10,837Apr 28, 17 Last 3 Years 8.21 8.33 7.27 12,679 12,723 12,351Jan 31, 17 Since Inception 8.15 7.58 7.10 12,897 12,676 12,494
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 5 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1178D FEBRUARy 2017 (1) NAV as on Apr 30, 2020 ` 12.9302
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.02 13.44 8.37 10,902 11,344 10,837Apr 28, 17 Last 3 Years 8.20 8.33 7.27 12,674 12,723 12,351Feb 22, 17 Since Inception 8.40 8.40 7.14 12,930 12,932 12,457
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 5 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1170D FEBRUARy 2017 (1) NAV as on Apr 30, 2020 ` 12.8796
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.15 13.44 8.37 10,915 11,344 10,837Apr 28, 17 Last 3 Years 8.12 8.33 7.27 12,647 12,723 12,351Mar 01, 17 Since Inception 8.32 8.43 7.15 12,880 12,924 12,444
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 5 years. The scheme is managed by Mr. Anil Bamboli since inception.
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. n.A.: not Available
ANIL BAMBOLI....CONTINUED
Performance of close-ended schemes, being close-ended in nature, is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended schemes is primarily buy-and-hold whereas open-ended schemes are actively managed.
April 2020 67
SCHEME PERFORMANCE - DIRECT PLAN - GROWTH OPTION (FUND MANAGER-WISE)
HDFC FMP 1181D APRIL 2018 (1) NAV as on Apr 30, 2020 ` 11.9251
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.78 13.44 8.37 10,978 11,344 10,837Apr 27, 18 Since Inception 9.15 10.71 7.84 11,925 12,270 11,640
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1146D APRIL 2018 (1) NAV as on Apr 30, 2020 ` 11.3102
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 7.22 13.44 8.37 10,722 11,344 10,837May 10, 18 Since Inception 6.43 10.70 7.89 11,310 12,224 11,618
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1434D MAy 2018 (1) NAV as on Apr 30, 2020 ` 12.0177
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.29 13.44 8.37 11,029 11,344 10,837May 09, 18 Since Inception 9.74 10.67 7.88 12,018 12,221 11,619
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1134D MAy 2018 (1) NAV as on Apr 30, 2020 ` 11.9907
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.97 13.44 8.37 10,997 11,344 10,837May 24, 18 Since Inception 9.83 11.25 8.02 11,991 12,294 11,613
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1119D JUNE 2018 (1) NAV as on Apr 30, 2020 ` 11.9407
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 9.85 13.44 8.37 10,985 11,344 10,837Jun 08, 18 Since Inception 9.81 11.59 8.12 11,941 12,312 11,594
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1280D OCTOBER 2018 (1) NAV as on Apr 30, 2020 ` 11.8013
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.58 13.44 8.37 11,058 11,344 10,837Oct 11, 18 Since Inception 11.25 12.88 8.51 11,801 12,072 11,352
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1344D OCTOBER 2018 (1) NAV as on Apr 30, 2020 ` 11.4070
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 8.33 13.44 8.37 10,833 11,344 10,837Oct 24, 18 Since Inception 9.06 12.72 8.47 11,407 11,993 11,313
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1274D OCTOBER 2018 (1) NAV as on Apr 30, 2020 ` 11.7867
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.68 13.44 8.37 11,068 11,344 10,837Oct 17, 18 Since Inception 11.29 12.77 8.49 11,787 12,029 11,334
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1261D OCTOBER 2018 (1) NAV as on Apr 30, 2020 ` 11.8587
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 11.95 13.44 8.37 11,195 11,344 10,837Oct 25, 18 Since Inception 11.91 12.72 8.46 11,859 11,989 11,309
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1260D OCTOBER 2018 (1) NAV as on Apr 30, 2020 ` 11.7309
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.63 13.44 8.37 11,063 11,344 10,837Oct 31, 18 Since Inception 11.24 12.75 8.47 11,731 11,970 11,296
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1265D OCTOBER 2018 (1) NAV as on Apr 30, 2020 ` 11.7298
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.61 13.44 8.37 11,061 11,344 10,837nov 01, 18 Since Inception 11.26 12.68 8.46 11,730 11,955 11,292
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1246D NOVEMBER 2018 (1) NAV as on Apr 30, 2020 ` 11.6318
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.70 13.44 8.37 11,070 11,344 10,837nov 20, 18 Since Inception 11.04 12.58 8.34 11,632 11,867 11,226
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1232D NOVEMBER 2018 (1) NAV as on Apr 30, 2020 ` 11.5940
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.59 13.44 8.37 11,059 11,344 10,837nov 28, 18 Since Inception 10.96 12.28 8.34 11,594 11,790 11,206
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1224D DECEMBER 2018 (1) NAV as on Apr 30, 2020 ` 11.5185
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.66 13.44 8.37 11,066 11,344 10,837Dec 06, 18 Since Inception 10.63 11.59 8.27 11,519 11,659 11,176
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. n.A.: not Available
Performance of close-ended schemes, being close-ended in nature, is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended schemes is primarily buy-and-hold whereas open-ended schemes are actively managed.
ANIL BAMBOLI....CONTINUED
68 April 2020
SCHEME PERFORMANCE - DIRECT PLAN - GROWTH OPTION (FUND MANAGER-WISE)
HDFC FMP 1218D DECEMBER 2018 (1) NAV as on Apr 30, 2020 ` 11.5149
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.60 13.44 8.37 11,060 11,344 10,837Dec 12, 18 Since Inception 10.73 11.74 8.26 11,515 11,660 11,160
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1211D DECEMBER 2018 (1) NAV as on Apr 30, 2020 ` 11.4693
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.61 13.44 8.37 11,061 11,344 10,837Dec 19, 18 Since Inception 10.57 11.25 8.23 11,469 11,566 11,140
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1203D DECEMBER 2018 (1) NAV as on Apr 30, 2020 ` 11.4289
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.56 13.44 8.37 11,056 11,344 10,837Dec 27, 18 Since Inception 10.46 11.28 8.24 11,429 11,543 11,121
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1196D DECEMBER 2018 (1) NAV as on Apr 30, 2020 ` 11.4020
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.38 13.44 8.37 11,038 11,344 10,837Jan 03, 19 Since Inception 10.42 11.79 8.25 11,402 11,590 11,106
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1190D JANUARy 2019 (1) NAV as on Apr 30, 2020 ` 11.3810
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.37 13.44 8.37 11,037 11,344 10,837Jan 09, 19 Since Inception 10.41 11.79 8.24 11,381 11,568 11,090
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1182D JANUARy 2019 (1) NAV as on Apr 30, 2020 ` 11.3481
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.38 13.44 8.37 11,038 11,344 10,837Jan 17, 19 Since Inception 10.34 12.03 8.21 11,348 11,572 11,067
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1175D JANUARy 2019 (1) NAV as on Apr 30, 2020 ` 11.3204
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.38 13.44 8.37 11,038 11,344 10,837Jan 23, 19 Since Inception 10.27 12.31 8.23 11,320 11,587 11,055
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1168D JANUARy 2019 (1) NAV as on Apr 30, 2020 ` 11.3140
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.36 13.44 8.37 11,036 11,344 10,837Jan 30, 19 Since Inception 10.39 12.34 8.21 11,314 11,564 11,036
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1154D FEBRUARy 2019 (1) NAV as on Apr 30, 2020 ` 11.2389
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.38 13.44 8.37 11,038 11,344 10,837Feb 13, 19 Since Inception 10.13 12.30 8.03 11,239 11,508 10,980
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1146D FEBRUARy 2019 (1) NAV as on Apr 30, 2020 ` 11.2370
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year 10.40 13.44 8.37 11,040 11,344 10,837Feb 21, 19 Since Inception 10.31 12.72 8.06 11,237 11,530 10,966
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
MITEN LATHIA
HDFC CAPITAL BUILDER VALUE FUND NAV as on Apr 30, 2020 ` 239.950
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year -23.32 -15.93 -14.88 7,668 8,407 8,512Apr 28, 17 Last 3 Years -2.82 0.42 3.33 9,174 10,126 11,034Apr 30, 15 Last 5 Years 3.87 4.76 5.16 12,093 12,622 12,863Jan 01, 13 Since Inception 10.20 8.54 8.47 20,382 18,233 18,147
HDFC EOF - II - 1126D MAy 2017 (1) NAV as on Apr 30, 2020 ` 8.6020
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##Apr 30, 19 Last 1 Year -21.54 -14.88 -12.51 7,846 8,512 8,749Jun 15, 17 Since Inception -5.10 2.33 4.10 8,602 10,686 11,224
# nIFTY 50 (Total Returns Index) ## S&P BSE SEnSEx (Total Returns Index). The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Miten Lathia w.e.f. June 01, 2019.
HDFC EOF - II - 1100D JUNE 2017 (1) NAV as on Apr 30, 2020 ` 8.6180
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##Apr 30, 19 Last 1 Year -18.39 -14.88 -12.51 8,161 8,512 8,749Jul 17, 17 Since Inception -5.19 1.03 2.91 8,618 10,289 10,832
# nIFTY 50 (Total Returns Index) ## S&P BSE SEnSEx (Total Returns Index). The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Miten Lathia w.e.f. June 01, 2019.
ANIL BAMBOLI....CONTINUED
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. n.A.: not Available
Performance of close-ended schemes, being close-ended in nature, is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended schemes is primarily buy-and-hold whereas open-ended schemes are actively managed.
April 2020 69
RAKESH VyAS
HDFC INFRASTRUCTURE FUND NAV as on Apr 30, 2020 ` 10.925
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##Apr 30, 19 Last 1 Year -37.22 -15.93 -14.88 6,278 8,407 8,512Apr 28, 17 Last 3 Years -17.98 0.42 3.33 5,508 10,126 11,034Apr 30, 15 Last 5 Years -7.99 4.76 5.16 6,591 12,622 12,863Jan 01, 13 Since Inception -0.28 8.54 8.47 9,796 18,233 18,147
# nIFTY 500 (Total Returns Index) ## nIFTY 50 (Total Returns Index). The Scheme was co-managed by Rakesh Vyas & Prashant Jain from June 01, 2019 till January 23, 2020.
HDFC HOF - I - 1140D NOVEMBER 2017 (1) NAV as on Apr 30, 2020 ` 7.2160
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##Apr 30, 19 Last 1 Year -25.50 -18.13 -14.88 7,450 8,187 8,512Dec 06, 17 Since Inception -12.71 -5.01 0.50 7,216 8,841 10,122
# India Housing & Allied Businesses Index ## nIFTY 50 (Total Returns Index) The Scheme is in existence for more than 1 year but less than 3 years. The scheme was co-managed by Rakesh Vyas & Prashant Jain from June 01, 2019 till January 23, 2020.
CO-MANAGED By CHIRAG SETALVAD & SHOBHIT MEHROTRA
HDFC RETIREMENT SAVINGS FUND - EQUITy PLAN
NAV as on Apr 30, 2020 ` 15.199
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##Apr 30, 19 Last 1 Year -14.71 -15.93 -14.88 8,529 8,407 8,512Apr 28, 17 Last 3 Years 0.28 0.42 3.33 10,086 10,126 11,034Feb 25, 16 Since Inception 10.53 9.33 10.11 15,199 14,521 14,958
# nIFTY 500 (Total Returns Index) ## nIFTY 50 (Total Returns Index). The Scheme is in existence for more than 1 year but less than 5 years
HDFC RETIREMENTSAVINGS FUND - HyBRID EQUITy PLAN
NAV as on Apr 30, 2020 ` 15.972
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##Apr 30, 19 Last 1 Year -9.31 -4.48 -14.88 9,069 9,552 8,512Apr 28, 17 Last 3 Years 3.04 5.67 3.33 10,943 11,806 11,034Feb 25, 16 Since Inception 11.85 10.32 10.11 15,972 15,080 14,958
# nIFTY 50 Hybrid Composite Debt 65:35 Index ## nIFTY 50 (Total Returns Index). The Scheme is in existence for more than 1 year but less than 5 years
HDFC RETIREMENT SAVINGS FUND - HyBRID DEBT PLAN
NAV as on Apr 30, 2020 ` 14.3037
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##Apr 30, 19 Last 1 Year 4.47 9.26 15.17 10,447 10,926 11,517Apr 28, 17 Last 3 Years 5.80 7.75 7.52 11,847 12,519 12,438Feb 26, 16 Since Inception 8.94 9.46 8.64 14,304 14,591 14,135
# nIFTY 50 Hybrid Composite Debt 15:85 Index ## CRISIL 10 Year Gilt Index. The Scheme is in existence for more than 1 years but less than 5 years
SCHEME PERFORMANCE - DIRECT PLAN - GROWTH OPTION (FUND MANAGER-WISE)
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. n.A.: not Available
Performance of close-ended schemes, being close-ended in nature, is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended schemes is primarily buy-and-hold whereas open-ended schemes are actively managed.
CO-MANAGED By CHIRAG SETALVAD, ANIL BAMBOLI & KRISHAN KUMAR DAGA
HDFC MULTI - ASSET FUND NAV as on Apr 30, 2020 ` 32.0020
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##Apr 30, 19 Last 1 Year -3.99 0.02 -14.88 9,601 10,002 8,512Apr 28, 17 Last 3 Years 2.16 6.95 3.33 10,665 12,241 11,034Apr 30, 15 Last 5 Years 5.06 7.41 5.16 12,805 14,302 12,863Jan 01, 13 Since Inception 7.26 8.80 8.47 16,712 18,560 18,147
# 90% nIFTY 50 Hybrid Composite Debt 65:35 Index + 10% Domestic Price of Gold ## nIFTY 50 (Total Returns Index). The Scheme formerly, a debt oriented hybrid fund, has undergone change in Fundamental attributes w.e.f. May 23, 2018 and become a multi asset fund investing in equities, debt and gold. Accordingly, the Scheme’s benchmark and additional benchmarks have also changed. Hence, the past performance of the Scheme since inception till May 22, 2018 may not strictly be comparable with those of the new benchmark and the additional benchmark. Scheme performance may not strictly be comparable with that of its Additional Benchmark in view of hybrid nature of the scheme where a portion of scheme’s investments are made in debt instruments and gold.
CO-MANAGED By VINAy KULKARNI, KRISHAN KUMAR DAGA & ANIL BAMBOLI
HDFC EQUITy SAVINGS FUND NAV as on Apr 30, 2020 ` 37.1130
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##Apr 30, 19 Last 1 Year -5.08 1.17 -14.88 9,492 10,117 8,512Apr 28, 17 Last 3 Years 2.98 5.88 3.33 10,924 11,876 11,034Apr 30, 15 Last 5 Years 7.19 6.60 5.16 14,158 13,769 12,863Jan 01, 13 Since Inception 8.04 8.06 8.47 17,629 17,650 18,147
# 40% nIFTY 50 Arbitrage Index, 30% CRISIL Short Term Bond Fund Index and 30% nIFTY 50 (Total Returns Index) ## nIFTY 50 (Total Returns Index). Scheme performance may not strictly be comparable with that of its Additional Benchmark, since a portion of scheme’s investments are made in equity instruments.
CO-MANAGED By PRASHANT JAIN & SHOBHIT MEHROTRA
HDFC HyBRID DEBT FUND NAV as on Apr 30, 2020 ` 46.7124
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year -0.53 9.26 15.17 9,947 10,926 11,517Apr 28, 17 Last 3 Years 2.91 7.75 7.52 10,900 12,519 12,438Apr 30, 15 Last 5 Years 6.06 8.20 8.22 13,425 14,834 14,851Jan 01, 13 Since Inception 8.05 8.79 7.67 17,644 18,545 17,197
# nIFTY 50 Hybrid Composite Debt 15:85 Index ## CRISIL 10 year Gilt Index. Refer to note on performance disclosure on Page no. 35.
CO-MANAGED By ANIL BAMBOLI & MITEN LATHIA
HDFC DyNAMIC PE RATIO FUND OF FUNDS NAV as on Apr 30, 2020 ` 18.157
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 19 Last 1 Year -7.84 -4.48 -14.88 9,216 9,552 8,512Apr 28, 17 Last 3 Years 1.19 5.67 3.33 10,363 11,806 11,034Apr 30, 15 Last 5 Years 5.66 6.79 5.16 13,175 13,896 12,863Jan 01, 13 Since Inception 7.23 8.92 8.47 16,687 18,711 18,147
# nIFTY 50 Hybrid Composite Debt 65:35 Index ## nIFTY 50 (Total Returns Index). Scheme performance may not strictly be comparable with that of its Additional Benchmark in view of hybrid nature of the scheme where a portion of scheme’s investments are made in equity instruments. The scheme is managed by Mr. Anil Bamboli & Miten Lathia since June 28, 2014.
CO-MANAGED By CHIRAG SETALVAD & SHOBHIT MEHROTRA
70 April 2020
Managing Portfolio Since
Returns (%) (As on April 30, 2020)
Last 1 year (%) Last 3 years (%) Last 5 years (%)
Permitted Category FPI Portfolio (managed under a bilateral agreement under Regulation 24(b) and subject to applicable laws)
March 22, 2016 -20.28 0.72 n.A.
Benchmark- MSCI India (Total Returns) -13.69 2.76 n.A.
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualised (CAGR). The above returns are computed using the Time Weighted Rate of Return (TWRR) methodology, to make them more comparable with the mutual fund scheme's returns. Inception date is March 22, 2016. The performance is not comparable with the performance of the aforementioned scheme(s) of HDFC Mutual Fund due to differing investment objective/s and fundamental differences in asset allocation, investment strategy and the regulatory environment. The said disclosure is pursuant to SEBI Circular no. Cir/IMD/DF/7/2012 dated February 28, 2012 pertaining to Regulation 24(b) of SEBI (Mutual Funds) Regulations, 1996. FPI - Foreign Portfolio Investor.
PERFORMANCE OF PERMITTED CATEGORy FPI PORTFOLIO (MANAGED By PRASHANT JAIN)
April 2020 71
DIVIDEND HISTORy ^
^ Past performance may or may not be sustained in the future. There is no assurance or guarantee to Unit holders as to rate/quantum of dividend distribution nor that the dividends will be paid regularly. After payment of the dividend, the per Unit nAV falls to the extent of the payout and statutory levy, if any. Please log on to www.hdfcfund.com for Record Date-wise listing of dividends declared.
^ Past performance may or may not be sustained in the future. There is no assurance or guarantee to Unit holders as to rate/quantum of dividend distribution nor that the dividends will be paid regularly. After payment of the dividend, the per Unit nAV falls to the extent of the payout and statutory levy, if any. Please log on to www.hdfcfund.com for Record Date-wise listing of dividends declared.
HDFC Multi-Asset Fund (Past 3 years) Dividend Option
Disclaimer: The views expressed herein are based on internal data, publicly available information and other sources believed to be reliable, but involve uncertainties that could cause actual events to differ materially from those expressed or implied in such statements. The document is given for general and information purpose and is neither an investment advice nor an offer to sell nor a solicitation. While due care has been exercised while preparing this document, HDFC Asset Management Company Limited (“HDFC AMC”) does not warrant the completeness or accuracy of the information. neither HDFC AMC, nor any person connected with it, accepts any liability arising from the use of this material. The recipient of this material should rely on their investigations and take their own professional advice.
HDFC SEnSEx ETF, HDFC Index Fund - SEnSEx Plan (“Schemes”) is based on the S&P BSE SEnSEx Index. S&P® is a registered trademark of S&P Financial Services Limited (S&P). BSE® and SEnSEx® are registered trademarks of BSE Limited. The Schemes is not sponsored, endorsed marketed or promoted by S&P, BSE or their respective affiliates. Please refer to the Scheme Information Document for disclaimers w.r.t. S&P BSE SENSEX Index.
For HDFC nIFTY 50 ETF & HDFC Index Fund - nIFTY 50 Plan: The Scheme of HDFC Mutual Fund (the “Product(s)”) are not sponsored, endorsed, sold or promoted by India Index Services & Products Limited (“IISL”). IISL does not make any representation or warranty, express or implied, to the owners of the Product(s) or any member of the public regarding the advisability of investing in securities generally or in the Product(s) particularly or the ability of the nIFTY Indices to track general stock market performance in India. The relationship of IISL with HDFC Asset Management Company Limited (“the Issuer/Licensee”) is only in respect of the licensing of the Indices and certain trademarks and trade names associated with such Indices which is determined, composed and calculated by IISL without regard to the Issuer /Licensee or the Product(s). IISL does not have any obligation to take the needs of the Issuer/Licensee or the owners of the Product(s) into consideration in determining, composing or calculating the nIFTY Indices. IISL is not responsible for or has participated in the determination of the timing of, prices at, or quantities of the Product(s) to be issued or in the determination or calculation of the equation by which the Product(s) is to be converted into cash. IISL has no obligation or liability in connection with the administration, marketing or trading of the Product(s).
IISL is engaged in the business of developing, constructing, compiling, computing and maintaining various equity indices. The relationship of IISL to HDFC AMC is only in respect of the rights granted to use certain trademarks and trade names of the Index in connection with the utilisation of the Index data relating to such Index. The Index is determined, composed and calculated by IISL without regard to HDFC AMC. IISL has no obligation to take the needs of HDFC AMC into consideration in determining, composing or calculating the nIFTY Indices.
IISL do not guarantee the accuracy and/or the completeness of nIFTY Indices or any data included therein and they shall have no liability for any errors, omissions, or interruptions therein. IISL make no warranty, express or implied, as to results to be obtained by HDFC AMC or any other person or entity from the use of nIFTY Indices or any data included therein. IISL make no express or implied warranties, and expressly disclaim all warranties of merchantability or fitness for a particular purpose or use with respect to the Index or any data included therein. Without limiting any of the foregoing, IISL expressly disclaim any and all liability for any damages or losses arising out of the use of NIFTY Indices or any data included therein by any third party, including any and all direct, special, punitive, indirect, or consequential damages (including lost profits), even if notified of the possibility of such damages. An investor, by subscribing or purchasing an interest in the Product(s), will be regarded as having acknowledged, understood and accepted the disclaimer referred to in Clauses above and will be bound by it.
MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLy.
UPDATION OF PAN OF ALL UNITHOLDERS IN THE FOLIOS IS MANDATORy FOR PROCESSING OF REDEMPTION AND RELATED TRANSACTIONS
It Is Mandatory To Complete The KyC Requirements For All Unit Holders, Including For All Joint Holders And The Guardian In Case Of Folio Of A Minor Investor. Accordingly, Financial Transactions (Including Redemptions, Switches And All Types Of Systematic Plans) Will Not Be Processed If The Unit Holders Have Not Completed Kyc Requirements
MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.
MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.
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