HDFC Corporate Bond Fund - Dividend - Direct Plan

Item: HDFC Corporate Bond Fund - Dividend - Direct Plan
Rating: 3
Author: PersonalFN

₹17.1806 (0%)Nav, as on 27-11-2020
Previous Nav
₹ 17.1814
Net Change on 27-11-2020
₹0
PersonalFN Rating
Category
Debt - Corporate Bond Fund
Assets (Cr.)
₹ 23,494.11
Expense Ratio
0.3%
(As on Oct 31, 2020)

Fund Overview Dividend | Direct Plan

Fund House
HDFC Mutual Fund
Launch Date
22-Oct-2014
Benchmark
Crisil 10 Yr Gilt Index
Minimum Investment (₹)
5,000
Minimum Addl Investment (₹)
1,000
Exit Load (%)
Nil
Minimum SIP Investment (₹)
300
Minimum STP Investment (₹)
500
Minimum SWP Investment (₹)
500
52 Week Low Nav (₹)
15.30
52 Week Low Nav Date
13-Dec-2019
52 Week High Nav (₹)
17.18
52 Week High Nav Date
26-Nov-2020

Fund Objective

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 Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
HDFC Corporate Bond Fund - Direct Option - Normal Dividend Option	9.26	13.02	11.75	9.42	9.26	9.27
Crisil 10 Yr Gilt Index	N/A	N/A	N/A	N/A	N/A	N/A
Crisil Composite Bond Fund Index	N/A	N/A	N/A	N/A	N/A	N/A
NIFTY Corporate Bond Index	N/A	N/A	N/A	N/A	N/A	N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name	Launch Date	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
HDFC Corporate Bond Fund - Direct Option - Normal Dividend Option	Oct 22, 2014	11.75	9.42	9.26	0.30	23,494.11
HDFC Corporate Bond Fund -Direct Plan - Quarterly Dividend Option	Jan 01, 2013	11.05	7.64	7.19	0.30	23,494.11
Aditya Birla Sun Life Corporate Bond Fund - Dividend - Direct Plan	Sep 30, 2013	10.11	9.86	9.44	0.29	23,394.66
Aditya Birla Sun Life Corporate Bond Fund - Monthly Dividend - Direct Plan	Jan 01, 2013	11.35	7.88	7.19	0.29	23,394.66
ICICI Prudential Corporate Bond Fund - Direct Plan - Daily Dividend	Jan 02, 2013	10.21	7.28	6.86	0.28	18,906.10
ICICI Prudential Corporate Bond Fund - Direct Plan - Fortnightly Dividend	Jan 15, 2013	10.13	8.10	7.91	0.28	18,906.10

Fund Holdings as on 31-October-2020

Company % Assets
6.79 GOI 2027
9.23
6.97 GOI 2026
5.66
8.24 GOI 2027
3.49
State Bank of India^
3.00
Housing Development Fin. Corp. Ltd.£^
2.69
7.59 GOI 2026
2.69
Net Current Assets
2.66
Reliance Industries Ltd.^
2.44
8.28 GOI 2027
2.42
State Bank of India
2.34
LIC Housing Finance Ltd.^
2.32
Housing Development Fin. Corp. Ltd.£^
2.19
0 GOI 2033
2.06
LIC Housing Finance Ltd.^
1.84
National Highways Authority of India^
1.77
Chennai Petroleum Corp Ltd.^
1.71
Power Finance Corporation Ltd.
1.55
National Bank for Agri & Rural Dev.^
1.28
Power Grid Corporation of India Ltd.^
1.20
Power Finance Corporation Ltd.^
1.20
State Bank of India^
1.17
Reliance Industries Ltd.^
1.17
National Bank for Agri & Rural Dev.^
1.15
LIC Housing Finance Ltd.^
1.13
Reliance Industries Ltd.^
1.11
MANGALORE REFINERY AND PETROCHEMICA^
1.11
National Bank for Agri & Rural Dev.
1.07
ONGC Petro additions Ltd. (OPAL) (Put on ONGC Ltd.)^
1.04
Power Finance Corporation Ltd.^
1.02
Power Finance Corporation Ltd.
1.01
Power Finance Corporation Ltd.^
0.99
National Bank for Agri & Rural Dev.^
0.97
Reliance Industries Ltd.^
0.97
Bank of Baroda^
0.92
REC Limited.^
0.91
Pipeline Infrastructure Pvt. Ltd.^
0.81
Sundaram Finance Ltd.^
0.79
Food Corporation of India (Corporate guarantee from Govt of India)^
0.74
Indian Railways Finance Corp. Ltd.
0.72
Export - Import Bank of India^
0.68
REC Limited.^
0.67
Sundaram Finance Ltd.^
0.65
Sikka Port and Terminal Ltd. (erstwhile Reliance Ports and Terminals Ltd.)^
0.65
Britannia Industries Ltd.^
0.65
Housing Development Fin. Corp. Ltd.£
0.65
Indian Railways Finance Corp. Ltd.
0.64
5.22 GOI 2025
0.64
5.77 GOI 2030
0.63
TREPS - Tri-party Repo
0.61
Power Finance Corporation Ltd.^
0.60
Jamnagar Utilities & Power Pvt. Ltd. (erstwhile Reliance Utilities & Power Pvt. Ltd.)^
0.60
National Highways Authority of India^
0.56
REC Limited.^
0.56
Housing Development Fin. Corp. Ltd.£^
0.55
National Highways Authority of India^
0.51
REC Limited.^
0.49
Housing Development Fin. Corp. Ltd.£^
0.48
REC Limited.^
0.48
REC Limited.^
0.47
7.59 GOI 2029^
0.47
REC Limited.^
0.46
Bank of Baroda^
0.46
LIC Housing Finance Ltd.^
0.46
Indian Railways Finance Corp. Ltd.^
0.46
Reliance Industries Ltd.^
0.45
ONGC Petro additions Ltd. (OPAL) (Put on ONGC Ltd.)^
0.44
Indian Oil Corporation Ltd.^
0.44
LIC Housing Finance Ltd.^
0.44
REC Limited.^
0.43
NTPC Limited^
0.43
NTPC Limited^
0.42
Power Finance Corporation Ltd.^
0.41
REC Limited.^
0.40
Jamnagar Utilities & Power Pvt. Ltd. (erstwhile Reliance Utilities & Power Pvt. Ltd.)^
0.36
REC Limited.^
0.36
National Highways Authority of India
0.34
Housing Development Fin. Corp. Ltd.£^
0.34
Housing Development Fin. Corp. Ltd.£
0.33
National Housing Bank^
0.33
HDB Financial Services Ltd.^
0.31
National Bank for Agri & Rural Dev.^
0.24
National Bank for Agri & Rural Dev.^
0.24
NHPC Ltd.^
0.23
REC Limited.^
0.23
National Bank for Agri & Rural Dev.^
0.22
LIC Housing Finance Ltd.^
0.22
Housing Development Fin. Corp. Ltd.£
0.22
Larsen and Toubro Ltd.^
0.22
Indian Railways Finance Corp. Ltd.^
0.22
ONGC Petro additions Ltd. (OPAL) (Put on ONGC Ltd.)^
0.22
Indian Oil Corporation Ltd.
0.22
REC Limited.^
0.21
Larsen and Toubro Ltd.^
0.21
LIC Housing Finance Ltd.^
0.18
HDB Financial Services Ltd.^
0.17
Power Finance Corporation Ltd.^
0.16
ONGC Petro additions Ltd. (OPAL) (Put on ONGC Ltd.)^
0.16
L&T Finance Limited^
0.15
Andhra Pradesh Expressway Ltd. (NHAI Annuity)^
0.14
8.21% Haryana SDL (UDAY) - Mat 310323^
0.14
National Bank for Agri & Rural Dev.^
0.13
LIC Housing Finance Ltd.^
0.13
Export - Import Bank of India^
0.12
LIC Housing Finance Ltd.^
0.12
Nuclear Power Corporation
0.12
National Highways Authority of India^
0.11
Power Finance Corporation Ltd.^
0.11
Power Finance Corporation Ltd.^
0.11
LIC Housing Finance Ltd.^
0.11
Housing and Urban Development Corporation Ltd.^
0.11
Power Finance Corporation Ltd.^
0.11
National Highways Authority of India^
0.11
REC Limited.^
0.11
Housing and Urban Development Corporation Ltd.^
0.11
REC Limited.^
0.11
REC Limited.^
0.11
National Bank for Agri & Rural Dev.^
0.11
MANGALORE REFINERY AND PETROCHEMICA^
0.11
Indian Railways Finance Corp. Ltd.
0.11
Housing Development Fin. Corp. Ltd.£^
0.11
Gujarat Road and Infra Co Ltd.^
0.11
Reliance Industries Ltd.^
0.10
Tata Sons Ltd.^
0.08
ICICI Bank Ltd.^
0.05
7.26 GOI 2029
0.05
Mahanagar Telephone Nigam Ltd. (Corporate guarantee from Govt of India)^
0.05
L&T Finance Limited^
0.04
L&T Finance Limited^
0.04
National Highways Authority of India^
0.04
First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Limited)^
0.03
First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Limited)^
0.03
First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Limited)^
0.03
First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Limited)^
0.03
First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Limited)^
0.03
Housing and Urban Development Corporation Ltd.^
0.02
LIC Housing Finance Ltd.^
0.02
REC Limited.^
0.02
LIC Housing Finance Ltd.^
0.02
Bajaj Finance Ltd.^
0.01
REC Limited.^
0.01
Power Finance Corporation Ltd.^
0.01
REC Limited.^
0.00
Reliance Industries Ltd.^
0.00

Sector Holding%
Miscellaneous
69.11

Fund Manager

Anand Laddha

Education:B. Com.,A.C.A.
Experience:5 Year
Basic Details:Mr. Anand Laddha having 5 years of experience in Equity & Derivative Research and Sales. from Feb 2006 till date he is working with HDFC Asset Management Company Limited
Funds Managed:
HDFC Arbitrage Fund
HDFC Balanced Advantage Fund
HDFC Banking and PSU Debt Fund
HDFC Capital Builder Value Fund
HDFC Children's Gift Fund
HDFC Corporate Bond Fund
HDFC Credit Risk Debt Fund
HDFC Dynamic Debt Fund
HDFC Equity Fund
HDFC Floating Rate Debt Fund
HDFC Focused 30 Fund
HDFC Gilt Fund
HDFC Growth Opportunities Fund
HDFC Growth Opportunities Fund
HDFC Hybrid Debt Fund
HDFC Hybrid Equity Fund
HDFC Income Fund
HDFC Liquid Fund
HDFC Low Duration Fund
HDFC Medium Term Debt Fund
HDFC Mid-Cap Opportunities Fund
HDFC Money Market Fund
HDFC Overnight Fund
HDFC Retirement Savings Fund - Equity Plan
HDFC Retirement Savings Fund - Hybrid-Debt Plan
HDFC Retirement Savings Fund - Hybrid-Equity Plan
HDFC Short Term Debt Fund
HDFC Small Cap Fund
HDFC Tax Saver
HDFC Top 100 Fund
HDFC Ultra Short Term Fund
HDFC Ultra Short Term Fund

Anupam Joshi

Education:P. G. Diploma in Business Management.
Experience:10 Years
Basic Details:Mr. Anupam Joshi has over 10 years of experience in Portfolio Management & Dealing. In his last assignment with Principal PNB Asset Management Company, he was involved in Portfolio Management & Dealing. Prior to this he had worked with ICAP India Private Ltd as a Dealer. Prior to that he was dealer in Fixed income team at Asit C. Mehta Investment Intermediates Ltd.
Funds Managed:
HDFC Corporate Bond Fund
HDFC Liquid Fund
HDFC Low Duration Fund

Holding Type Holding %
CARE - AAA
3.42
CARE - AAA(CE)
2.60
Cash
3.27
CRISIL - AAA
58.44
CRISIL - AAA(CE)
0.05
CRISIL - AAA(SO)
0.15
ICRA - AAA
3.95
IND - AAA
0.58
Sovereign
27.48

About HDFC Corporate Bond Fund

Scheme Analysis

HDFC Corporate Bond Fund is a Debt - Corporate Bond Fund fund and belongs to HDFC Mutual Fund. It was launched on 22-Oct-2014 and currently has an AUM of ₹23,494.11 crore. HDFC Corporate Bond Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and Crisil Composite Bond Fund Index as primary index and NIFTY Corporate Bond Index as secondary index.

The NAV of HDFC Corporate Bond Fund ended down ₹0(0%)yesterday to ₹17.1806.

Among its top 3 holdings the fund has exposure to 6.79 GOI 2027, and

The HDFC Corporate Bond Fund is managed by Anand Laddha and Anupam Joshi.

Fund House Contact

Address:

HDFC House, 2nd floor, H.T. Parekh Marg, 165-166 Backbay Reclamation, Churchgate Mumbai - 400 020

Phone Number: +91 (22) 66316333

Email Address: cliser@hdfcindia.com

Fax Number: +91 (22) 22821144

Website: www.hdfcfund.com

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