HDFC Corporate Bond Fund - Dividend - Direct Plan

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

₹16.7711 0.04 %Nav, as on 21-09-2020
Previous Nav
₹ 16.7638
Net Change on 21-09-2020
₹0.01
PersonalFN Rating
Category
Debt - Corporate Bond Fund
Assets (Cr.)
₹ 21,051.98
Expense Ratio
0.3%
(As on Aug 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 (₹)
15.06
52 Week Low Nav Date
17-Oct-2019
52 Week High Nav (₹)
16.81
52 Week High Nav Date
04-Sep-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	2.79	9.54	10.71	8.82	9.11	9.13
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	10.71	8.82	9.11	0.30	21,051.98
HDFC Corporate Bond Fund -Direct Plan - Quarterly Dividend Option	Jan 01, 2013	9.50	6.85	6.91	0.30	21,051.98
Aditya Birla Sun Life Corporate Bond Fund - Dividend - Direct Plan	Sep 30, 2013	9.20	9.27	8.91	0.30	20,205.38
Aditya Birla Sun Life Corporate Bond Fund - Monthly Dividend - Direct Plan	Jan 01, 2013	10.11	7.15	6.94	0.30	20,205.38
ICICI Prudential Corporate Bond Fund - Direct Plan - Daily Dividend	Jan 02, 2013	9.25	6.72	6.67	0.28	16,161.92
ICICI Prudential Corporate Bond Fund - Direct Plan - Fortnightly Dividend	Jan 15, 2013	9.31	7.63	7.74	0.28	16,161.92

Fund Holdings as on 31-August-2020

Company % Assets
6.79 GOI 2027
9.18
6.97 GOI 2026
5.24
7.59 GOI 2026
3.36
State Bank of India^
3.33
Housing Development Fin. Corp. Ltd.£^
3.00
Reliance Industries Ltd.^
2.69
LIC Housing Finance Ltd.^
2.59
Housing Development Fin. Corp. Ltd.£^
2.45
Net Current Assets
2.13
Food Corporation of India (Corporate guarantee from Govt of India)^
2.11
LIC Housing Finance Ltd.^
2.05
National Highways Authority of India^
1.95
Chennai Petroleum Corp Ltd.^
1.89
Power Finance Corporation Ltd.
1.72
7.26 GOI 2029
1.51
National Bank for Agri & Rural Dev.^
1.43
Reliance Industries Ltd.^
1.33
Power Grid Corporation of India Ltd.^
1.32
Power Finance Corporation Ltd.
1.32
Reliance Industries Ltd.^
1.31
State Bank of India
1.31
TREPS - Tri-party Repo
1.30
LIC Housing Finance Ltd.
1.25
Reliance Industries Ltd.^
1.24
MANGALORE REFINERY AND PETROCHEMICA^
1.21
ONGC Petro additions Ltd. (OPAL) (Put on ONGC Ltd.)^
1.16
Power Finance Corporation Ltd.^
1.10
Power Finance Corporation Ltd.
1.10
Power Finance Corporation Ltd.^
1.08
National Bank for Agri & Rural Dev.^
1.02
Bank of Baroda^
1.02
REC Limited.
0.99
National Bank for Agri & Rural Dev.^
0.97
5.77 GOI 2030
0.93
Pipeline Infrastructure Pvt. Ltd.
0.89
Sundaram Finance Ltd.^
0.87
Indian Railways Finance Corp. Ltd.^
0.80
Export - Import Bank of India^
0.76
7.17 GOI 2028
0.75
Sundaram Finance Ltd.^
0.73
Britannia Industries Ltd.^
0.73
REC Limited.
0.73
Housing Development Fin. Corp. Ltd.£^
0.73
Sikka Port and Terminal Ltd. (erstwhile Reliance Ports and Terminals Ltd.)^
0.72
Indian Railways Finance Corp. Ltd.^
0.71
NTPC Limited^
0.71
Power Finance Corporation Ltd.^
0.67
Jamnagar Utilities & Power Pvt. Ltd. (erstwhile Reliance Utilities & Power Pvt. Ltd.)^
0.66
National Highways Authority of India^
0.62
REC Limited.^
0.62
Housing Development Fin. Corp. Ltd.£
0.61
National Highways Authority of India^
0.57
REC Limited.^
0.53
Housing Development Fin. Corp. Ltd.£^
0.53
REC Limited.^
0.52
REC Limited.^
0.51
Bank of Baroda^
0.51
LIC Housing Finance Ltd.^
0.51
REC Limited.
0.50
Indian Railways Finance Corp. Ltd.^
0.50
Reliance Industries Ltd.^
0.49
ONGC Petro additions Ltd. (OPAL) (Put on ONGC Ltd.)^
0.49
Indian Oil Corporation Ltd.
0.49
LIC Housing Finance Ltd.^
0.49
6.45 GOI 2029
0.48
REC Limited.
0.48
NTPC Limited^
0.47
Power Finance Corporation Ltd.^
0.44
REC Limited.^
0.44
Jamnagar Utilities & Power Pvt. Ltd. (erstwhile Reliance Utilities & Power Pvt. Ltd.)^
0.40
REC Limited.^
0.39
Housing Development Fin. Corp. Ltd.£^
0.37
Housing Development Fin. Corp. Ltd.£
0.37
National Housing Bank^
0.36
Housing Development Fin. Corp. Ltd.£^
0.36
HDB Financial Services Ltd.^
0.34
National Bank for Agri & Rural Dev.^
0.27
National Bank for Agri & Rural Dev.
0.26
NHPC Ltd.^
0.26
National Bank for Agri & Rural Dev.^
0.25
REC Limited.^
0.25
LIC Housing Finance Ltd.^
0.25
Housing Development Fin. Corp. Ltd.£^
0.25
Indian Railways Finance Corp. Ltd.^
0.25
Larsen and Toubro Ltd.^
0.25
LIC Housing Finance Ltd.^
0.24
ONGC Petro additions Ltd. (OPAL) (Put on ONGC Ltd.)
0.24
Indian Oil Corporation Ltd.
0.24
REC Limited.^
0.23
Larsen and Toubro Ltd.^
0.23
Andhra Pradesh Expressway Ltd. (NHAI Annuity)^
0.19
HDB Financial Services Ltd.^
0.18
Power Finance Corporation Ltd.^
0.18
ONGC Petro additions Ltd. (OPAL) (Put on ONGC Ltd.)^
0.17
L&T Finance Limited^
0.17
Power Grid Corporation of India Ltd.^
0.17
8.21% Haryana SDL (UDAY) - Mat 310323^
0.15
LIC Housing Finance Ltd.^
0.15
National Bank for Agri & Rural Dev.^
0.15
Export - Import Bank of India^
0.13
LIC Housing Finance Ltd.^
0.13
National Highways Authority of India^
0.13
Power Finance Corporation Ltd.^
0.13
Housing and Urban Development Corporation Ltd.^
0.13
HDB Financial Services Ltd.^
0.13
Housing and Urban Development Corporation Ltd.^
0.12
Power Finance Corporation Ltd.^
0.12
LIC Housing Finance Ltd.^
0.12
REC Limited.^
0.12
National Highways Authority of India^
0.12
Power Finance Corporation Ltd.^
0.12
REC Limited.^
0.12
National Bank for Agri & Rural Dev.
0.12
Reliance Industries Ltd.^
0.12
6.79 GOI 2029
0.12
MANGALORE REFINERY AND PETROCHEMICA^
0.12
Indian Railways Finance Corp. Ltd.
0.12
LIC Housing Finance Ltd.^
0.12
REC Limited.^
0.12
Gujarat Road and Infra Co Ltd.^
0.12
LIC Housing Finance Ltd.^
0.12
Reliance Industries Ltd.
0.11
Tata Sons Ltd.^
0.09
Reliance Industries Ltd.
0.06
ICICI Bank Ltd.^
0.05
LIC Housing Finance Ltd.^
0.05
Mahanagar Telephone Nigam Ltd. (Corporate guarantee from Govt of India)^
0.05
L&T Finance Limited^
0.05
L&T Finance Limited^
0.05
National Highways Authority of India^
0.05
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.^
0.03
LIC Housing Finance Ltd.^
0.03
REC Limited.^
0.02
LIC Housing Finance Ltd.^
0.02
Bajaj Finance Ltd.
0.02
REC Limited.^
0.01
Power Finance Corporation Ltd.^
0.01
REC Limited.^
0.00
Reliance Industries Ltd.^
0.00

Sector Holding%
Miscellaneous
74.68

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

Chirag Dagli

Holding Type Holding %
CARE - AAA
4.07
CARE - AAA(CE)
4.17
Cash
3.43
CRISIL - AAA
62.44
CRISIL - AAA(CE)
0.05
CRISIL - AAA(SO)
0.15
ICRA - AAA
3.30
IND - AAA
0.64
Sovereign
21.72

About HDFC Corporate Bond Fund

NULL

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 ₹21,051.98 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 up ₹0.01(0.04%)yesterday to ₹16.7711.

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

The HDFC Corporate Bond Fund is managed by Anupam Joshi and Chirag Dagli.

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

Financial Health Checkup

Money Simplified Videos

Infographics