HDFC Corporate Bond Fund - Growth - Regular Plan

₹21.88 (-0.06%)Nav, as on 16-09-2019
Previous Nav
₹ 21.8953
Net Change on 16-09-2019
₹-0.01
PersonalFN Rating
Unrated
Category
Debt - Corporate Bond Fund
Assets (Cr.)
₹ 12,910.11
Expense Ratio
0.45%
(As on Aug 31, 2019)

Fund Overview Growth | Regular Plan

Fund House
HDFC Mutual Fund
Launch Date
29-Jun-2010
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 (₹)
19.56
52 Week Low Nav Date
25-Sep-2018
52 Week High Nav (₹)
21.92
52 Week High Nav Date
09-Sep-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 - Growth Option	8.30	12.78	11.76	8.00	8.84	8.88
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	Ratings	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
HDFC Corporate Bond Fund - Growth Option	Jun 29, 2010	Unrated	11.76	8.00	8.84	0.45	12,910.11
Aditya Birla Sun Life Corporate Bond Fund - Growth - Regular Plan	Mar 03, 1997		10.90	7.89	8.76	0.39	16,274.98
ICICI Prudential Corporate Bond Fund - Growth	Aug 11, 2009		10.18	7.58	8.35	0.56	9,002.07
Kotak Corporate Bond Fund- Regular Plan-Growth Option	Sep 21, 2007		10.20	8.11	9.29	0.59	2,447.60
L&T Triple Ace Bond Fund-Regular Plan-Growth Plan	Mar 31, 1997	Unrated	15.09	6.78	8.08	0.66	1,476.13
Reliance Prime Debt Fund - Growth Plan - Growth Option	Sep 14, 2000		8.65	7.33	8.04	0.71	1,139.90

Fund Holdings as on 31-August-2019

Company % Assets
Net Current Assets
5.97
Reliance Industries Ltd.**
4.13
LIC Housing Finance Ltd.**
4.01
6.79 GOI 2027
3.55
7.27 GOI 2026
3.24
LIC Housing Finance Ltd.**
3.16
National Highways Authority of India**
3.04
7.17 GOI 2028
2.80
Housing Development Fin. Corp. Ltd.$**
2.66
6.79 GOI 2029
2.33
Power Grid Corporation of India Ltd**
2.07
State Bank of India**
2.04
Reliance Jio Infocomm Ltd.**
1.99
State Bank of India**
1.98
Housing Development Fin. Corp. Ltd.$**
1.95
HDB Financial Services Ltd.**
1.79
Mahindra & Mahindra Financial Services Ltd.**
1.71
Reliance Industries Ltd.**
1.68
Bank of Baroda**
1.58
Indian Railways Finance Corp. Ltd.**
1.56
Rural Electrification Corporation Ltd.**
1.38
Indiabulls Housing Finance Ltd.**
1.37
Food Corporation of India (Corporate guarantee from Govt of India)**
1.34
National Bank for Agri & Rural Dev.**
1.30
Indian Railways Finance Corp. Ltd.**
1.24
Export - Import Bank of India**
1.22
Indiabulls Housing Finance Ltd.**
1.22
Rural Electrification Corporation Ltd.**
1.17
Rural Electrification Corporation Ltd.**
1.15
NTPC Limited**
1.13
HDB Financial Services Ltd.**
1.08
Mahindra & Mahindra Financial Services Ltd.**
1.05
Bajaj Finance Ltd.**
1.05
National Bank for Agri & Rural Dev.**
0.98
National Highways Authority of India**
0.94
National Bank for Agri & Rural Dev.**
0.93
Rural Electrification Corporation Ltd.**
0.83
Housing Development Fin. Corp. Ltd.$**
0.82
Rural Electrification Corporation Ltd.**
0.80
Power Finance Corporation Ltd**
0.80
Bank of Baroda**
0.79
Power Grid Corporation of India Ltd**
0.79
Power Finance Corporation Ltd**
0.78
Tata Sons Ltd.**
0.78
Rural Electrification Corporation Ltd.**
0.77
Bank of Baroda**
0.75
Indiabulls Housing Finance Ltd.**
0.74
Sikka Port and Terminal Ltd. (erstwhile Reliance Ports and Terminals Ltd.)**
0.72
Power Finance Corporation Ltd**
0.69
Reliable Devices Trust (PTC banked by receivables from Reliance Retail Limited)**
0.65
Bajaj Finance Ltd.**
0.58
Power Finance Corporation Ltd**
0.54
National Bank for Agri & Rural Dev.**
0.47
Power Finance Corporation Ltd**
0.45
Andhra Pradesh Expressway Ltd. (NHAI Annuity)**
0.43
Rural Electrification Corporation Ltd.**
0.42
National Bank for Agri & Rural Dev.**
0.41
NHPC Ltd.**
0.41
National Bank for Agri & Rural Dev.**
0.41
Housing Development Fin. Corp. Ltd.$**
0.40
HDB Financial Services Ltd.**
0.40
Rural Electrification Corporation Ltd.**
0.40
7.42% Maharashtra SDL - Mat 110522
0.40
Mahindra & Mahindra Financial Services Ltd.**
0.39
LIC Housing Finance Ltd.**
0.39
Power Finance Corporation Ltd**
0.39
Nabha Power Ltd. (Corporate Guarantee of L&T Ltd.)**
0.39
National Bank for Agri & Rural Dev.**
0.38
Reliable Devices Trust (PTC banked by receivables from Reliance Retail Limited)**
0.37
Larsen and Toubro Ltd.**
0.36
National Bank for Agri & Rural Dev.**
0.35
Reliable Devices Trust (PTC banked by receivables from Reliance Retail Limited)**
0.35
Jamnagar Utilities & Power Pvt. Ltd. (erstwhile Reliance Utilities & Power Pvt. Ltd.)**
0.35
Power Finance Corporation Ltd**
0.35
Small Industries Development Bank**
0.34
Reliable Devices Trust (PTC banked by receivables from Reliance Retail Limited)**
0.32
Bajaj Finance Ltd.**
0.30
Axis Bank Ltd.**
0.30
HDB Financial Services Ltd.**
0.27
National Bank for Agri & Rural Dev.**
0.26
Reliable Devices Trust (PTC banked by receivables from Reliance Retail Limited)**
0.25
Toyota Financial Services India Ltd**
0.23
HDB Financial Services Ltd.**
0.22
LIC Housing Finance Ltd.**
0.22
Power Finance Corporation Ltd**
0.22
Housing and Urban Development Corporation Ltd.**
0.21
Reliance Industries Ltd.**
0.20
Housing Development Fin. Corp. Ltd.$**
0.20
Power Finance Corporation Ltd**
0.20
Reliance Jio Infocomm Ltd.**
0.20
Housing Development Fin. Corp. Ltd.$**
0.20
Housing Development Fin. Corp. Ltd.$**
0.20
Tata Sons Ltd.**
0.20
LIC Housing Finance Ltd.**
0.19
LIC Housing Finance Ltd.**
0.19
Bajaj Finance Ltd.**
0.19
Kotak Mahindra Prime Ltd.**
0.19
Mahindra & Mahindra Financial Services Ltd.**
0.19
Gujarat Road and Infra Co Ltd**
0.19
Nabha Power Ltd. (Corporate Guarantee of L&T Ltd.)**
0.19
Rural Electrification Corporation Ltd.**
0.19
Mahindra & Mahindra Financial Services Ltd.**
0.19
Bajaj Finance Ltd.**
0.19
Reliance Industries Ltd.**
0.16
Andhra Bank**
0.15
Tata Sons Ltd.**
0.15
Tata Sons Ltd.**
0.12
Reliance Industries Ltd.**
0.09
LIC Housing Finance Ltd.**
0.08
Power Finance Corporation Ltd**
0.08
Collateralised Borrowing & Lending Obligation
0.08
LIC Housing Finance Ltd.**
0.08
National Highways Authority of India**
0.08
NTPC Limited**
0.06
Power Grid Corporation of India Ltd**
0.04
Bajaj Finance Ltd.**
0.02
Rural Electrification Corporation Ltd.**
0.02
Power Finance Corporation Ltd**
0.02
7.68 GOI 2023
0.01
Housing Development Fin. Corp. Ltd.$**
0.01
Power Finance Corporation Ltd**
0.00
Rural Electrification Corporation Ltd.**
0.00

Sector Holding%
Miscellaneous
76.36

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 29-Jun-2010 and currently has an AUM of ₹12,910.11 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(-0.06%)yesterday to ₹21.88.

Among its top 3 holdings the fund has exposure to Net Current Assets, 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

Holding Type Holding %
CARE - A1+
0.15
CARE - AAA
12.26
Cash
6.05
CRISIL - A1+
3.19
CRISIL - AAA
56.96
CRISIL - AAA(SO)
1.34
ICRA - AAA
0.63
ICRA - AAA(SO)
3.14
IND - AAA
3.93
Sov
12.33

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