HDFC Corporate Bond Fund - Dividend - Direct Plan

₹15.30 (-0.05%)Nav, as on 13-12-2019
Previous Nav
₹ 15.3037
Net Change on 13-12-2019
₹-0.01
PersonalFN Rating

3 PersonalFN
Category
Debt - Corporate Bond Fund
Assets (Cr.)
₹ 12,341.25
Expense Ratio
0.3%
(As on Nov 30, 2019)

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 (₹)
13.87
52 Week Low Nav Date
13-Dec-2018
52 Week High Nav (₹)
15.41
52 Week High Nav Date
04-Dec-2019

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	1.66	4.54	10.31	7.59	8.50	8.61
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

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	10.31	7.59	8.50	0.30	12,341.25
Aditya Birla Sun Life Corporate Bond Fund - Dividend - Direct Plan	Sep 30, 2013	7.62	8.66	8.58	0.27	17,605.40
Aditya Birla Sun Life Corporate Bond Fund - Monthly Dividend - Direct Plan	Jan 01, 2013	7.71	5.42	6.10	0.27	17,605.40
HDFC Corporate Bond Fund -Direct Plan - Quarterly Dividend Option	Jan 01, 2013	7.46	5.24	6.06	0.30	12,341.25
ICICI Prudential Corporate Bond Fund - Direct Plan - Daily Dividend	Jan 02, 2013	7.23	5.39	6.05	0.25	11,095.97
ICICI Prudential Corporate Bond Fund - Direct Plan - Fortnightly Dividend	Jan 15, 2013	7.87	6.86	7.11	0.25	11,095.97

Fund Holdings as on 30-November-2019

Company % Assets
7.59 GOI 2026^
5.10
Reliance Industries Ltd.
4.32
LIC Housing Finance Ltd.^
4.23
6.79 GOI 2027^
4.07
LIC Housing Finance Ltd.
3.33
Net Current Assets
3.21
National Highways Authority of India
3.18
Housing Development Fin. Corp. Ltd.£
2.80
TREPS - Tri-party Repo
2.64
Reliance Jio Infocomm Ltd.
2.24
State Bank of India^
2.17
Power Grid Corporation of India Ltd^
2.17
State Bank of India^
2.11
7.17 GOI 2028^
2.08
Housing Development Fin. Corp. Ltd.£
2.03
6.79 GOI 2029^
2.02
HDB Financial Services Ltd.^
1.91
Mahindra & Mahindra Financial Services Ltd.^
1.79
Reliance Industries Ltd.^
1.77
Bank of Baroda^
1.68
Indian Railways Finance Corp. Ltd.^
1.65
Rural Electrification Corporation Ltd.^
1.46
Food Corporation of India (Corporate guarantee from Govt of India)
1.41
Indian Railways Finance Corp. Ltd.
1.30
Export - Import Bank of India^
1.28
Indiabulls Housing Finance Ltd.^
1.21
Rural Electrification Corporation Ltd.
1.20
NTPC Limited
1.19
HDB Financial Services Ltd.^
1.13
Bajaj Finance Ltd.^
1.10
National Bank for Agri & Rural Dev.
1.02
National Bank for Agri & Rural Dev.
0.98
National Highways Authority of India
0.95
Housing Development Fin. Corp. Ltd.£^
0.87
Rural Electrification Corporation Ltd.
0.87
Rural Electrification Corporation Ltd.
0.86
Power Finance Corporation Ltd^
0.86
Bank of Baroda^
0.84
Rural Electrification Corporation Ltd.
0.83
Power Grid Corporation of India Ltd^
0.83
National Bank for Agri & Rural Dev.^
0.82
Power Finance Corporation Ltd
0.82
Tata Sons Ltd.^
0.81
Sikka Port and Terminal Ltd. (erstwhile Reliance Ports and Terminals Ltd.)^
0.77
Reliable Devices Trust (PTC banked by receivables from Reliance Retail Limited)^
0.70
National Highways Authority of India
0.61
National Bank for Agri & Rural Dev.^
0.59
Indiabulls Housing Finance Ltd.
0.59
Power Finance Corporation Ltd^
0.57
National Bank for Agri & Rural Dev.
0.49
Power Finance Corporation Ltd
0.48
Rural Electrification Corporation Ltd.
0.45
8.28 GOI 2027
0.44
National Bank for Agri & Rural Dev.
0.43
NHPC Ltd.^
0.43
National Bank for Agri & Rural Dev.
0.43
7.59 GOI 2029^
0.43
Rural Electrification Corporation Ltd.
0.42
HDB Financial Services Ltd.
0.42
Housing Development Fin. Corp. Ltd.£^
0.42
7.42% Maharashtra SDL - Mat 110522^
0.41
Nabha Power Ltd. (Corporate Guarantee of L&T Ltd.)^
0.41
Mahindra & Mahindra Financial Services Ltd.
0.41
Power Finance Corporation Ltd
0.41
Reliable Devices Trust (PTC banked by receivables from Reliance Retail Limited)^
0.40
Andhra Pradesh Expressway Ltd. (NHAI Annuity)^
0.39
Larsen and Toubro Ltd.^
0.38
Reliable Devices Trust (PTC banked by receivables from Reliance Retail Limited)^
0.38
8.21% Haryana SDL (UDAY) - Mat 310323^
0.38
Jamnagar Utilities & Power Pvt. Ltd. (erstwhile Reliance Utilities & Power Pvt. Ltd.)^
0.38
Power Finance Corporation Ltd
0.37
Small Industries Development Bank
0.36
Reliable Devices Trust (PTC banked by receivables from Reliance Retail Limited)^
0.35
7.77% Tamil Nadu SDL UDAY - Mat 220223^
0.33
Bajaj Finance Ltd.^
0.32
HDB Financial Services Ltd.^
0.29
Bajaj Finance Ltd.
0.28
Reliable Devices Trust (PTC banked by receivables from Reliance Retail Limited)^
0.27
Toyota Financial Services India Ltd^
0.24
HDB Financial Services Ltd.^
0.23
Power Finance Corporation Ltd
0.23
LIC Housing Finance Ltd.
0.23
Housing and Urban Development Corporation Ltd.
0.22
Reliance Industries Ltd.^
0.21
Power Finance Corporation Ltd^
0.21
Tata Sons Ltd.^
0.21
Reliance Jio Infocomm Ltd.
0.21
Housing Development Fin. Corp. Ltd.£^
0.21
Housing Development Fin. Corp. Ltd.£
0.21
Nabha Power Ltd. (Corporate Guarantee of L&T Ltd.)
0.21
Housing Development Fin. Corp. Ltd.£^
0.20
Bajaj Finance Ltd.^
0.20
LIC Housing Finance Ltd.^
0.20
Kotak Mahindra Prime Ltd.^
0.20
Gujarat Road and Infra Co Ltd^
0.20
LIC Housing Finance Ltd.^
0.20
Mahindra & Mahindra Financial Services Ltd.^
0.20
Rural Electrification Corporation Ltd.^
0.20
Mahindra & Mahindra Financial Services Ltd.^
0.20
Reliance Jio Infocomm Ltd.
0.17
Reliance Industries Ltd.^
0.16
Tata Sons Ltd.^
0.16
Tata Sons Ltd.^
0.12
Reliance Industries Ltd.
0.10
LIC Housing Finance Ltd.^
0.09
Power Finance Corporation Ltd^
0.09
LIC Housing Finance Ltd.^
0.08
National Highways Authority of India
0.08
NTPC Limited^
0.07
Bajaj Finance Ltd.^
0.02
Rural Electrification Corporation Ltd.^
0.02
Power Finance Corporation Ltd^
0.02
7.68 GOI 2023^
0.01
Housing Development Fin. Corp. Ltd.£
0.01
Rural Electrification Corporation Ltd.^
0.00
Power Finance Corporation Ltd
0.00

Sector Holding%
Miscellaneous
75.96

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 ₹12,341.25 crore. HDFC Corporate Bond Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and Crisil Composite Bond Fund Index as secondary index.

The NAV of HDFC Corporate Bond Fund ended down ₹-0.01(-0.05%)yesterday to ₹15.30.

Among its top 3 holdings the fund has exposure to 7.59 GOI 2026^, Reliance Industries Ltd. and LIC Housing Finance Ltd.^

The HDFC Corporate Bond Fund is managed by Anupam Joshi and Amar Kalkundrikar.

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

Fund Manager

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

Amar Kalkundrikar

Education:B.Com, CA, CFA, MBA
Experience:38
Basic Details:Collectively over 16 years experience of which 13 years in Equity Research & Portfolio Management.
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 Equity Savings 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 Multi-Asset 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

Holding Type Holding %
CARE - AA+
1.80
CARE - AAA
9.09
Cash
5.85
CRISIL - A1+
0.80
CRISIL - AAA
58.73
CRISIL - AAA(SO)
1.41
ICRA - AAA
0.67
ICRA - AAA(SO)
3.31
IND - AAA
3.02
Sov
15.27

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