HDFC Corporate Bond Fund - Growth - Regular Plan

Item: HDFC Corporate Bond Fund - Growth - Regular Plan
Rating: 3
Author: PersonalFN

₹24.5619 (-0.02%)Nav, as on 22-10-2020
Previous Nav
₹ 24.5678
Net Change on 22-10-2020
₹-0.01
PersonalFN Rating
Category
Debt - Corporate Bond Fund
Assets (Cr.)
₹ 20,526.18
Expense Ratio
0.61%
(As on Sep 30, 2020)

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 (₹)
22.00
52 Week Low Nav Date
22-Oct-2019
52 Week High Nav (₹)
24.57
52 Week High Nav Date
21-Oct-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 - Growth Option	16.97	5.91	11.62	8.98	9.04	9.09
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 - Growth Option	Jun 29, 2010	11.62	8.98	9.04	0.61	20,526.18
Aditya Birla Sun Life Corporate Bond Fund - Growth - Regular Plan	Mar 03, 1997	11.74	9.09	8.98	0.44	20,644.63
ICICI Prudential Corporate Bond Fund - Growth	Aug 11, 2009	10.78	8.54	8.54	0.59	15,201.23
L&T Triple Ace Bond Fund-Regular Plan-Growth Plan	Mar 31, 1997	13.40	9.60	8.44	0.62	5,301.17
Kotak Corporate Bond Fund- Regular Plan-Growth Option	Sep 21, 2007	9.67	8.69	8.53	0.61	5,171.35
Invesco India Corporate Bond Fund - Growth	Aug 02, 2007	10.33	7.18	7.66	0.60	1,870.49

Fund Holdings as on 30-September-2020

Company % Assets
6.79 GOI 2027
10.18
6.97 GOI 2026
4.64
7.59 GOI 2026
3.44
State Bank of India^
3.40
Net Current Assets
3.28
Housing Development Fin. Corp. Ltd.£
3.07
Reliance Industries Ltd.^
2.76
LIC Housing Finance Ltd.
2.62
Housing Development Fin. Corp. Ltd.£^
2.51
LIC Housing Finance Ltd.
2.07
National Highways Authority of India^
1.98
Chennai Petroleum Corp Ltd.^
1.93
Power Finance Corporation Ltd.
1.76
5.77 GOI 2030
1.55
National Bank for Agri & Rural Dev.^
1.46
Reliance Industries Ltd.^
1.36
Power Grid Corporation of India Ltd.^
1.35
Power Finance Corporation Ltd.^
1.35
Reliance Industries Ltd.
1.34
State Bank of India
1.33
7.26 GOI 2029^
1.30
LIC Housing Finance Ltd.^
1.29
Reliance Industries Ltd.^
1.27
MANGALORE REFINERY AND PETROCHEMICA^
1.24
ONGC Petro additions Ltd. (OPAL) (Put on ONGC Ltd.)^
1.19
Power Finance Corporation Ltd.
1.13
Power Finance Corporation Ltd.
1.13
Power Finance Corporation Ltd.^
1.11
Bank of Baroda^
1.05
National Bank for Agri & Rural Dev.
1.05
REC Limited.
1.02
National Bank for Agri & Rural Dev.^
0.99
Pipeline Infrastructure Pvt. Ltd.^
0.91
Sundaram Finance Ltd.^
0.89
Food Corporation of India (Corporate guarantee from Govt of India)
0.85
Indian Railways Finance Corp. Ltd.^
0.81
7.17 GOI 2028
0.78
Export - Import Bank of India^
0.77
Sundaram Finance Ltd.^
0.75
REC Limited.^
0.75
Housing Development Fin. Corp. Ltd.£
0.75
Britannia Industries Ltd.^
0.74
Sikka Port and Terminal Ltd. (erstwhile Reliance Ports and Terminals Ltd.)^
0.74
Indian Railways Finance Corp. Ltd.^
0.73
Power Finance Corporation Ltd.^
0.68
Jamnagar Utilities & Power Pvt. Ltd. (erstwhile Reliance Utilities & Power Pvt. Ltd.)^
0.68
National Highways Authority of India^
0.63
REC Limited.^
0.63
Housing Development Fin. Corp. Ltd.£
0.63
TREPS - Tri-party Repo
0.60
National Highways Authority of India^
0.58
REC Limited.^
0.54
Housing Development Fin. Corp. Ltd.£^
0.54
REC Limited.^
0.54
REC Limited.^
0.53
Bank of Baroda^
0.52
LIC Housing Finance Ltd.^
0.52
REC Limited.^
0.52
Indian Railways Finance Corp. Ltd.^
0.51
Reliance Industries Ltd.^
0.51
ONGC Petro additions Ltd. (OPAL) (Put on ONGC Ltd.)^
0.50
Indian Oil Corporation Ltd.^
0.50
LIC Housing Finance Ltd.^
0.50
REC Limited.
0.49
NTPC Limited
0.48
Power Finance Corporation Ltd.
0.45
REC Limited.^
0.45
Jamnagar Utilities & Power Pvt. Ltd. (erstwhile Reliance Utilities & Power Pvt. Ltd.)^
0.41
REC Limited.^
0.40
National Highways Authority of India^
0.38
Housing Development Fin. Corp. Ltd.£
0.38
Housing Development Fin. Corp. Ltd.£^
0.38
National Housing Bank^
0.37
HDB Financial Services Ltd.^
0.35
National Bank for Agri & Rural Dev.^
0.27
National Bank for Agri & Rural Dev.^
0.27
NHPC Ltd.^
0.26
National Bank for Agri & Rural Dev.^
0.26
REC Limited.^
0.26
Housing Development Fin. Corp. Ltd.£^
0.25
LIC Housing Finance Ltd.^
0.25
Larsen and Toubro Ltd.^
0.25
Indian Railways Finance Corp. Ltd.^
0.25
LIC Housing Finance Ltd.^
0.25
ONGC Petro additions Ltd. (OPAL) (Put on ONGC Ltd.)^
0.25
Indian Oil Corporation Ltd.^
0.25
REC Limited.
0.24
Larsen and Toubro Ltd.^
0.23
Andhra Pradesh Expressway Ltd. (NHAI Annuity)^
0.20
HDB Financial Services Ltd.^
0.19
Power Finance Corporation Ltd.^
0.18
ONGC Petro additions Ltd. (OPAL) (Put on ONGC Ltd.)^
0.18
L&T Finance Limited^
0.18
Power Grid Corporation of India Ltd.^
0.17
8.21% Haryana SDL (UDAY) - Mat 310323^
0.16
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
Power Finance Corporation Ltd.^
0.13
National Highways Authority of India^
0.13
Housing and Urban Development Corporation Ltd.^
0.13
LIC Housing Finance Ltd.
0.13
Power Finance Corporation Ltd.^
0.13
Power Finance Corporation Ltd.^
0.13
Housing and Urban Development Corporation Ltd.^
0.13
REC Limited.^
0.13
REC Limited.^
0.13
National Bank for Agri & Rural Dev.^
0.13
National Highways Authority of India^
0.13
MANGALORE REFINERY AND PETROCHEMICA^
0.13
Indian Railways Finance Corp. Ltd.^
0.13
REC Limited.^
0.12
Housing Development Fin. Corp. Ltd.£
0.12
Gujarat Road and Infra Co Ltd.^
0.12
Reliance Industries Ltd.^
0.11
Tata Sons Ltd.^
0.10
ICICI Bank 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)^
0.04
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
Housing and Urban Development Corporation Ltd.^
0.03
LIC Housing Finance Ltd.^
0.03
REC Limited.^
0.03
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
73.90

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
3.92
CARE - AAA(CE)
2.97
Cash
3.88
CRISIL - AAA
62.99
CRISIL - AAA(CE)
0.05
CRISIL - AAA(SO)
0.16
ICRA - AAA
3.32
IND - AAA
0.66
Sovereign
22.05

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 ₹20,526.18 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(-0.02%)yesterday to ₹24.5619.

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

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