HDFC Corporate Bond Fund - Dividend - Direct Plan

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

₹17.3224 (-0.06%)Nav, as on 16-04-2021
Previous Nav
₹ 17.3323
Net Change on 16-04-2021
₹-0.01
PersonalFN Rating
Category
Debt - Corporate Bond Fund
Assets (Cr.)
₹ 29,880.38
Expense Ratio
0.3%
(As on Feb 28, 2021)

Fund Overview IDCW | 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 (₹)
15.70
52 Week Low Nav Date
15-Apr-2020
52 Week High Nav (₹)
17.35
52 Week High Nav Date
12-Apr-2021

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 - IDCW Option - Direct Plan	15.83	1.60	10.37	9.04	8.67	8.85
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 - IDCW Option - Direct Plan	Oct 22, 2014	10.37	9.04	8.67	0.30	29,880.38
HDFC Corporate Bond Fund - Quarterly IDCW Option - Direct Plan	Jan 01, 2013	10.37	7.70	6.85	0.30	29,880.38
Aditya Birla Sun Life Corporate Bond Fund -DIRECT - IDCW	Sep 30, 2013	10.68	7.75	8.88	0.30	23,508.49
Aditya Birla Sun Life Corporate Bond Fund -DIRECT - MONTHLY IDCW	Jan 01, 2013	10.69	7.71	6.82	0.30	23,508.49
IDFC Corporate Bond Fund - Direct Periodic IDCW	Jan 12, 2016	10.67	6.17	6.66	0.27	22,942.72
IDFC Corporate Bond Fund - Direct Quarterly IDCW	Apr 12, 2016	10.61	7.10	6.75	0.27	22,942.72

Fund Holdings as on 31-March-2021

Company % Assets
6.97 GOI 2026
4.37
Floating Rate GOI 2033
3.30
6.79 GOI 2027
3.28
National Bank for Agri & Rural Dev.
2.54
UltraTech Cement Limited^
2.47
Bajaj Finance Ltd.
2.44
Net Current Assets
2.40
8.24 GOI 2027^
2.39
State Bank of India^
2.28
Housing Development Fin. Corp. Ltd.£^
2.09
MANGALORE REFINERY AND PETROCHEMICA^
1.89
Reliance Industries Ltd.^
1.89
LIC Housing Finance Ltd.^
1.81
State Bank of India^
1.78
National Bank for Agri & Rural Dev.^
1.76
Housing Development Fin. Corp. Ltd.£^
1.71
REC Limited.^
1.57
National Highways Authority of India
1.49
Power Finance Corporation Ltd.
1.45
LIC Housing Finance Ltd.^
1.43
Chennai Petroleum Corp Ltd.^
1.31
Power Finance Corporation Ltd.
1.22
Power Finance Corporation Ltd.
1.17
LIC Housing Finance Ltd.^
1.05
Bajaj Finance Ltd.^
1.03
Housing Development Fin. Corp. Ltd.£
1.00
Power Finance Corporation Ltd.^
1.00
National Bank for Agri & Rural Dev.^
0.99
Power Grid Corporation of India Ltd.^
0.92
Reliance Industries Ltd.
0.91
LIC Housing Finance Ltd.^
0.91
State Bank of India^
0.90
Reliance Industries Ltd.^
0.86
LIC Housing Finance Ltd.^
0.86
MANGALORE REFINERY AND PETROCHEMICA
0.86
ONGC Petro additions Ltd. (OPAL) (Put on ONGC Ltd.)^
0.82
Pipeline Infrastructure Pvt. Ltd.^
0.81
Power Finance Corporation Ltd.
0.79
Reliance Industries Ltd.^
0.79
Power Finance Corporation Ltd.^
0.79
Power Finance Corporation Ltd.^
0.77
8.15 GOI 2026
0.73
Bank of Baroda^
0.70
REC Limited.
0.69
REC Limited.^
0.68
State Bank of India
0.67
LIC Housing Finance Ltd.^
0.67
Housing and Urban Development Corporation Ltd.^
0.66
Housing Development Fin. Corp. Ltd.£^
0.66
Sundaram Finance Ltd.^
0.63
REC Limited.^
0.62
Food Corporation of India (Corporate guarantee from Govt of India)
0.57
Reverse Repo
0.56
Indian Railways Finance Corp. Ltd.^
0.55
8.33 GOI 2026
0.55
Export - Import Bank of India^
0.52
Housing Development Fin. Corp. Ltd.£^
0.52
REC Limited.
0.51
Housing Development Fin. Corp. Ltd.£
0.51
Sikka Port and Terminal Ltd. (erstwhile Reliance Ports and Terminals Ltd.)^
0.51
Sundaram Finance Ltd.^
0.51
Britannia Industries Ltd.^
0.51
National Bank for Agri & Rural Dev.
0.50
Indian Railways Finance Corp. Ltd.^
0.50
REC Limited.^
0.48
National Highways Authority of India^
0.48
Power Finance Corporation Ltd.^
0.47
Jamnagar Utilities & Power Pvt. Ltd. (erstwhile Reliance Utilities & Power Pvt. Ltd.)
0.46
TREPS - Tri-party Repo
0.44
REC Limited.^
0.43
National Highways Authority of India^
0.43
Housing Development Fin. Corp. Ltd.£^
0.43
Small Industries Development Bank^
0.43
Housing Development Fin. Corp. Ltd.£
0.42
National Bank for Agri & Rural Dev.^
0.41
Central Government of India Loans
0.38
REC Limited.
0.38
Housing Development Fin. Corp. Ltd.£^
0.37
REC Limited.
0.37
Bajaj Housing Finance Ltd.^
0.36
REC Limited.^
0.36
Indian Railways Finance Corp. Ltd.^
0.35
Bank of Baroda^
0.35
LIC Housing Finance Ltd.^
0.35
ONGC Petro additions Ltd. (OPAL) (Put on ONGC Ltd.)^
0.35
Reliance Industries Ltd.^
0.35
Indian Oil Corporation Ltd.^
0.35
LIC Housing Finance Ltd.^
0.34
Larsen and Toubro Ltd.^
0.34
NTPC Limited^
0.32
LIC Housing Finance Ltd.^
0.32
REC Limited.^
0.31
Indian Railways Finance Corp. Ltd.
0.29
REC Limited.^
0.28
Jamnagar Utilities & Power Pvt. Ltd. (erstwhile Reliance Utilities & Power Pvt. Ltd.)^
0.28
National Highways Authority of India^
0.26
National Bank for Agri & Rural Dev.^
0.26
Housing Development Fin. Corp. Ltd.£^
0.26
REC Limited.^
0.26
Housing Development Fin. Corp. Ltd.£^
0.26
Housing Development Fin. Corp. Ltd.£^
0.26
Housing Development Fin. Corp. Ltd.£^
0.26
National Housing Bank^
0.26
Central Government of India Loans
0.25
Central Government of India Loans
0.24
HDB Financial Services Ltd.^
0.24
6.49% Gujarat SDL ISD 021220 Mat 021229^
0.23
National Bank for Agri & Rural Dev.^
0.19
National Bank for Agri & Rural Dev.^
0.18
National Bank for Agri & Rural Dev.^
0.18
NHPC Ltd.^
0.18
REC Limited.^
0.18
Reliance Industries Ltd.^
0.17
Bajaj Finance Ltd.^
0.17
LIC Housing Finance Ltd.^
0.17
National Bank for Agri & Rural Dev.^
0.17
Larsen and Toubro Ltd.^
0.17
ONGC Petro additions Ltd. (OPAL) (Put on ONGC Ltd.)^
0.17
Indian Railways Finance Corp. Ltd.^
0.17
Indian Oil Corporation Ltd.
0.17
REC Limited.^
0.16
National Bank for Agri & Rural Dev.
0.16
REC Limited.^
0.16
Larsen and Toubro Ltd.^
0.16
Food Corporation of India (Corporate guarantee from Govt of India)^
0.14
LIC Housing Finance Ltd.^
0.14
HDB Financial Services Ltd.^
0.13
Power Finance Corporation Ltd.^
0.12
Central Government of India Loans
0.12
ONGC Petro additions Ltd. (OPAL) (Put on ONGC Ltd.)^
0.12
REC Limited.^
0.12
L&T Finance Limited^
0.12
National Highways Authority of India
0.12
Central Government of India Loans
0.12
National Bank for Agri & Rural Dev.^
0.11
Central Government of India Loans
0.11
Andhra Pradesh Expressway Ltd. (NHAI Annuity)^
0.11
Central Government of India Loans
0.11
National Bank for Agri & Rural Dev.^
0.11
8.21% Haryana SDL (UDAY) - Mat 310323^
0.11
LIC Housing Finance Ltd.^
0.10
LIC Housing Finance Ltd.^
0.09
Export - Import Bank of India^
0.09
LIC Housing Finance Ltd.^
0.09
Nuclear Power Corporation^
0.09
Power Finance Corporation Ltd.^
0.09
National Highways Authority of India^
0.09
Power Finance Corporation Ltd.^
0.09
LIC Housing Finance Ltd.^
0.09
REC Limited.^
0.09
REC Limited.^
0.09
Housing and Urban Development Corporation Ltd.^
0.09
Housing and Urban Development Corporation Ltd.^
0.09
REC Limited.^
0.09
National Highways Authority of India^
0.09
Bajaj Finance Ltd.^
0.09
REC Limited.^
0.09
MANGALORE REFINERY AND PETROCHEMICA^
0.09
Indian Railways Finance Corp. Ltd.^
0.09
Gujarat Road and Infra Co Ltd.^
0.08
Power Finance Corporation Ltd.^
0.08
NTPC Limited
0.08
Reliance Industries Ltd.^
0.07
Central Government of India Loans
0.06
Central Government of India Loans
0.05
Power Finance Corporation Ltd.
0.05
Central Government of India Loans
0.05
6.13 GOI 2028^
0.05
Central Government of India Loans
0.05
Central Government of India Loans
0.05
Central Government of India Loans
0.05
ICICI Bank Ltd.^
0.04
Mahanagar Telephone Nigam Ltd. (Corporate guarantee from Govt of India)^
0.04
L&T Finance Limited
0.03
L&T Finance 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)^
0.02
First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Limited)^
0.02
First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Limited)^
0.02
First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Limited)^
0.02
Housing and Urban Development Corporation Ltd.
0.02
LIC Housing Finance Ltd.^
0.02
REC Limited.^
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
79.82

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

Sankalp Baid

Holding Type Holding %
CARE - AAA
7.16
CARE - AAA(CE)
2.03
Cash
3.40
CRISIL - AAA
62.45
CRISIL - AAA(CE)
0.18
CRISIL - AAA(SO)
0.11
ICRA - AAA
7.40
IND - AAA
0.57
Sovereign
16.65

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 ₹29,880.38 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 ₹-0.01(-0.06%)yesterday to ₹17.3224.

Among its top 3 holdings the fund has exposure to 6.97 GOI 2026, and

The HDFC Corporate Bond Fund is managed by Anupam Joshi and Sankalp Baid.

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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