HDFC Credit Risk Debt Fund - Growth - Regular Plan

₹15.36 (-0.03%)Nav, as on 21-05-2019
Previous Nav
₹ 15.3602
Net Change on 21-05-2019
₹-0.01
PersonalFN Rating

2 PersonalFN
Category
Debt - Credit Risk Fund
Assets (Cr.)
₹ 16,194.41
Expense Ratio
1.45%
(As on Apr 30, 2019)

Fund Overview Growth | Regular Plan

Fund House
HDFC Mutual Fund
Launch Date
25-Mar-2014
Benchmark
Crisil 10 Yr Gilt Index
Minimum Investment (₹)
5,000
Minimum Addl Investment (₹)
1,000
Exit Load (%)
Nil for 15% of Units, For excess of limits 1% on or before 12M and 0.50% after 12M but on or before 18M, Nil after 18M
Minimum SIP Investment (₹)
300
Minimum STP Investment (₹)
500
Minimum SWP Investment (₹)
500
52 Week Low Nav (₹)
14.29
52 Week Low Nav Date
07-Jun-2018
52 Week High Nav (₹)
15.36
52 Week High Nav Date
20-May-2019

Fund Objective

To generate income/capital appreciation by investing predominantly in AA and below rated corporate debt. 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 Credit Risk Debt Fund - Growth Option	6.57	8.69	7.40	7.31	8.53	8.68
Crisil 10 Yr Gilt Index	N/A	N/A	N/A	N/A	N/A	N/A
Crisil Short Term 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 Credit Risk Debt Fund - Growth Option	Mar 25, 2014	7.40	7.31	8.53	1.45	15,965.70
DSP Credit Risk Fund - Regular Plan -Growth	May 13, 2003	-1.39	4.23	6.54	1.05	4,235.87
IDBI Credit Risk Fund Growth Regular	Mar 03, 2014	5.77	6.06	7.28	1.49	94.26
L&T Credit Risk Fund - Regular Plan - Growth	Oct 08, 2009	6.17	7.20	8.27	1.70	3,387.45
Principal Credit Risk Fund - Regular Plan - Growth Option	Sep 14, 2004	7.12	7.24	8.05	1.67	89.56
Sundaram Short Term Credit Risk Fund-Appreciation	Jul 30, 2002	7.81	6.94	7.92	1.30	415.69

Fund Holdings as on 31-March-2019

Company % Assets
TATA International Ltd.**
4.28
Net Current Assets
3.40
HDFC Bank Ltd.**
2.67
Jamnagar Utilities & Power Pvt. Ltd. (erstwhile Reliance Utilities & Power Pvt. Ltd.)**
2.07
Tata Steel Ltd.**
2.04
Talwandi Sabo Power Ltd (Corporate Guarantee of Vedanta Ltd.)**
2.03
Sikka Port and Terminal Ltd. (erstwhile Reliance Ports and Terminals Ltd.)**
2.03
Muthoot Finance Ltd.**
1.98
Tata Sky Ltd. (Subsidiary of Tata Sons)**
1.81
Punjab National Bank**
1.76
HPCL-Mittal Energy Limited**
1.75
The Tata Power Company Ltd.**
1.60
HPCL-Mittal Energy Limited**
1.54
SANSAR TRUST NOV 2018 (PTC of pools from Shriram Transport Finance Co. Ltd.)**
1.49
Reliance Jio Infocomm Limited**
1.41
Vedanta Ltd.**
1.41
Travis March 2019 (Trust)**
1.33
HPCL-Mittal Energy Limited**
1.33
The Tata Power Company Ltd.**
1.27
Vedanta Ltd.**
1.22
Balin March 2019**
0.99
Nuvoco Vistas Corporation Ltd. (100% subsidiary of Nirma Ltd. & erstwhile Lafarge India Ltd.)**
0.95
Reliable Devices Trust (PTC banked by receivables from Reliance Retail Limited)**
0.95
DB Consolidated Pvt. Ltd. (Dainik Bhaskar Group Company)**
0.93
Coastal Gujarat Power Ltd. (Corporate Guarantee of Tata Power)**
0.92
Adani Transmission Limited**
0.87
Oriental Bank of Commerce**
0.87
Prism Johnson Ltd.**
0.80
Tata Motors Ltd.**
0.79
Indiabulls Housing Finance Ltd.**
0.78
Syndicate Bank**
0.78
Primat Infrapower & Multiventures Pvt. Ltd. (Secured with shares of ZEE Entertainment Enterprise Ltd. & Dish TV Ltd.)**
0.78
Coastal Gujarat Power Ltd. (Corporate Guarantee of Tata Power)**
0.77
Punjab National Bank**
0.74
Vedanta Ltd.**
0.73
Tata Motors Finance Ltd.**
0.71
Muthoot Finance Ltd.**
0.71
Tata Steel Ltd.**
0.64
LIC Housing Finance Ltd.**
0.63
Emami Realty Ltd. (Secured with shares of Emami Ltd.)**
0.63
Raj Infra Properties Pvt. Ltd. (Secured with shares of Emami Ltd.)**
0.63
Power Finance Corporation Ltd**
0.62
LIC Housing Finance Ltd.**
0.62
Bharat Petroleum Corporation Ltd.**
0.62
Rural Electrification Corporation Ltd.**
0.61
Axis Bank Ltd.**
0.60
Adani Transmission Limited**
0.54
Prism Johnson Ltd.**
0.53
Aarish Solar Power Private Limited (Greenko)**
0.51
Aashman Energy Private Limited (Greenko)**
0.51
Divyesh Power Private Limited (Greenko)**
0.51
Elena Renewable Energy Private Limited(Greenko)**
0.51
Pratyash Renewable Private Limited (Greenko)**
0.51
SEI Baskara Power Private Limited (Greenko)**
0.51
SEI Enerstar Renewable Energy Pvt Ltd (Greenko)**
0.51
SEI Mihir Energy Private Limited (Greenko)**
0.51
Shreyas Renewable Energy Private Ltd. (Greenko)**
0.51
Zuvan Energy Private Limited (Greenko)**
0.51
Rural Electrification Corporation Ltd.**
0.51
Hindalco Industries Ltd**
0.50
JM Financial Asset Reconstruction C**
0.49
Jamnagar Utilities & Power Pvt. Ltd. (erstwhile Reliance Utilities & Power Pvt. Ltd.)**
0.48
Bajaj Electricals Ltd.**
0.47
Bajaj Electricals Ltd.**
0.47
DB Consolidated Pvt. Ltd. (Dainik Bhaskar Group Company)**
0.47
DB Consolidated Pvt. Ltd. (Dainik Bhaskar Group Company)**
0.47
Sadbhav Infrastructure Project Ltd. (Corporate Guarantee of Sadbhav Engineering Ltd.)**
0.47
TATA Housing Development Co Ltd**
0.46
Power Finance Corporation Ltd**
0.45
Power Finance Corporation Ltd**
0.45
APL Apollo Tubes Ltd.**
0.43
Tata Realty and Infrastructure Ltd.**
0.43
Talwandi Sabo Power Ltd (Corporate Guarantee of Vedanta Ltd.)**
0.42
Power Grid Corporation of India Ltd**
0.42
Shriram Transport Finance Co. Ltd.**
0.41
Nuvoco Vistas Corporation Ltd. (100% subsidiary of Nirma Ltd. & erstwhile Lafarge India Ltd.)**
0.41
Union Bank of India**
0.41
Tata Steel Ltd.**
0.39
PNB Housing Finance Ltd.**
0.38
KEC International Ltd.**
0.38
KEC International Ltd.**
0.38
Hindalco Industries Ltd**
0.38
Sadbhav Infrastructure Project Ltd. (Corporate Guarantee of Sadbhav Engineering Ltd.)**
0.37
Sadbhav Infrastructure Project Ltd. (Corporate Guarantee of Sadbhav Engineering Ltd.)**
0.37
Raviraj Viniyog Pvt. Ltd. (Secured with shares of Emami Ltd.)**
0.35
Prism Johnson Ltd.**
0.34
JM Financial Asset Reconstruction C**
0.32
8.39% Rajasthan SDL - Mat 150322
0.32
Rural Electrification Corporation Ltd.**
0.31
LIC Housing Finance Ltd.**
0.31
Housing Development Fin. Corp. Ltd.$**
0.31
Housing Development Fin. Corp. Ltd.$**
0.31
India Infoline Finance Ltd.**
0.31
Simplex Infrastructures Limited**
0.31
Power Grid Corporation of India Ltd**
0.31
Indostar Capital Finance Ltd.**
0.31
Reliance Jio Infocomm Limited**
0.31
Simplex Infrastructures Limited**
0.31
Andhra Bank**
0.31
L&T Finance Limited**
0.31
L&T Housing Finance Ltd.**
0.31
HDB Financial Services Ltd.**
0.31
Rural Electrification Corporation Ltd.**
0.31
JM Financial Credit Solutions Ltd**
0.30
Housing Development Fin. Corp. Ltd.$**
0.30
Shriram Transport Finance Co. Ltd.**
0.30
Prabhakar Viniyog Pvt. Ltd. (Secured with shares of Emami Ltd.)**
0.30
JM Financial Asset Reconstruction C**
0.30
Rural Electrification Corporation Ltd.**
0.30
Primat Infrapower & Multiventures Pvt. Ltd. (Secured with shares of ZEE Entertainment Enterprise Ltd. & Dish TV Ltd.)**
0.30
Edisons Infrapower & Multiventures Pvt. Ltd. (Secured with shares of ZEE Entertainment Enterprise Ltd. & Dish TV Ltd.)**
0.30
Indostar Capital Finance Ltd.**
0.30
Union Bank of India**
0.30
Canara Bank**
0.30
Oriental Bank of Commerce**
0.29
Gateway Distriparks Ltd.**
0.28
Rural Electrification Corporation Ltd.**
0.27
Vedanta Ltd.**
0.26
KKR India Financial Services Pvt Ltd.**
0.26
Aarti Industries Ltd.**
0.25
Rural Electrification Corporation Ltd.**
0.24
Collateralised Borrowing & Lending Obligation
0.24
Au Small Finance Bank Ltd.**
0.23
Bajaj Electricals Ltd.**
0.22
Starlite Lighting Ltd. (Corporate Guarantee of Bajaj Electrical Ltd.)**
0.22
Aspire Home Finance Corporation Ltd (Subsidiary of Motilal Oswal Financial Services Ltd.)**
0.22
Hinduja Leyland Finance Ltd**
0.22
Dilip Buildcon Ltd.**
0.21
Dilip Buildcon Ltd.**
0.21
Tata Realty and Infrastructure Ltd.**
0.21
Starlite Lighting Ltd. (Corporate Guarantee of Bajaj Electrical Ltd.)**
0.21
Century Textiles & Industries Ltd.**
0.21
Sadbhav Infrastructure Project Ltd. (Corporate Guarantee of Sadbhav Engineering Ltd.)**
0.19
Sadbhav Infrastructure Project Ltd. (Corporate Guarantee of Sadbhav Engineering Ltd.)**
0.19
Dilip Buildcon Ltd.**
0.18
Dilip Buildcon Ltd.**
0.18
Hindalco Industries Ltd**
0.18
Dilip Buildcon Ltd.**
0.18
Dilip Buildcon Ltd.**
0.18
Rural Electrification Corporation Ltd.**
0.18
Dilip Buildcon Ltd.**
0.18
Dilip Buildcon Ltd.**
0.18
Dilip Buildcon Ltd.**
0.18
Dilip Buildcon Ltd.**
0.18
Dilip Buildcon Ltd.**
0.18
Dilip Buildcon Ltd.**
0.18
Dilip Buildcon Ltd.**
0.18
Repco Home Finance Ltd**
0.17
ECL Finance Ltd.**
0.17
NTPC Limited**
0.16
Arm Infra & Utilities Pvt. Ltd. (Secured with shares of ZEE Entertainment Enterprise Ltd.)**
0.16
Rural Electrification Corporation Ltd.**
0.16
Power Grid Corporation of India Ltd**
0.16
Indian Railways Finance Corp. Ltd.**
0.16
Power Finance Corporation Ltd**
0.16
Mahanagar Telephone Nigam Ltd. (Corporate guarantee from Govt of India)**
0.16
Housing and Urban Development Corporation Ltd.**
0.16
Starlite Lighting Ltd. (Corporate Guarantee of Bajaj Electrical Ltd.)**
0.16
Housing and Urban Development Corporation Ltd.**
0.16
Hinduja Leyland Finance Ltd**
0.16
NTPC Limited**
0.16
Au Small Finance Bank Ltd.**
0.16
GERA Development Private Ltd**
0.15
GERA Development Private Ltd**
0.15
GERA Development Private Ltd**
0.15
GERA Development Private Ltd**
0.15
GERA Development Private Ltd**
0.15
LIC Housing Finance Ltd.**
0.15
NTPC Limited**
0.15
Reliance Jio Infocomm Limited**
0.15
Shriram Transport Finance Co. Ltd.**
0.15
Simplex Infrastructures Limited**
0.15
Jammu & Kashmir Bank Ltd.**
0.15
Sundaram Finance Ltd.**
0.15
The Tata Power Company Ltd.**
0.15
Indiabulls Housing Finance Ltd.**
0.15
TATA Housing Development Co Ltd**
0.15
TATA Housing Development Co Ltd**
0.15
Sikka Port and Terminal Ltd. (erstwhile Reliance Ports and Terminals Ltd.)**
0.14
Kalpataru Power Transmission Ltd.**
0.14
TMF Holdings Ltd. (Subsidiary of Tata Motors Ltd.)**
0.14
NTPC Limited**
0.13
G R Infraprojects Limited**
0.13
GERA Development Private Ltd**
0.12
NHPC Ltd.**
0.12
Starlite Lighting Ltd. (Corporate Guarantee of Bajaj Electrical Ltd.)**
0.12
Starlite Lighting Ltd. (Corporate Guarantee of Bajaj Electrical Ltd.)**
0.12
Asian Satellite Broadcast Pvt. Ltd (Secured with shares of ZEE Entertainment Enterprise Ltd.)**
0.12
Andhra Bank**
0.12
Volkswagen Finance Private Limited**
0.11
Hinduja Leyland Finance Ltd**
0.11
Shriram Transport Finance Co. Ltd.**
0.11
Inox Air Products Pvt. Ltd.**
0.10
Inox Air Products Pvt. Ltd.**
0.10
Aavas Financiers Ltd. (Formerly known as Au Housing Finance Ltd.)**
0.09
JM Financial Asset Reconstruction C**
0.08
LIC Housing Finance Ltd.**
0.07
Tata Motors Ltd.**
0.07
Inox Air Products Pvt. Ltd.**
0.06
Gateway Distriparks Ltd.**
0.06
Gateway Distriparks Ltd.**
0.06
Gateway Distriparks Ltd.**
0.06
Gateway Distriparks Ltd.**
0.06
Gateway Distriparks Ltd.**
0.06
NTPC Limited**
0.06
Vijaya Bank**
0.06
PETRONET LNG LIMITED**
0.06
Sprit Infrapower & Multiventures Pvt. Ltd. (Secured with shares of Zee Entertainment Enterprise Ltd. & Dish TV Ltd.)**
0.05
Tata Sons Ltd.**
0.05
Inox Air Products Pvt. Ltd.**
0.04
Hazaribagh Ranchi Expressway Ltd. (NHAI Annuity)**
0.04
Hazaribagh Ranchi Expressway Ltd. (NHAI Annuity)**
0.04
Hazaribagh Ranchi Expressway Ltd. (NHAI Annuity)**
0.03
Shriram Transport Finance Co. Ltd.**
0.03
Gateway Distriparks Ltd.**
0.03
Rural Electrification Corporation Ltd.**
0.03
Hinduja Leyland Finance Ltd**
0.02
Hazaribagh Ranchi Expressway Ltd. (NHAI Annuity)**
0.02
Hazaribagh Ranchi Expressway Ltd. (NHAI Annuity)**
0.02
G R Infraprojects Limited**
0.02
Hazaribagh Ranchi Expressway Ltd. (NHAI Annuity)**
0.02
Tube Investments of India Ltd.**
0.02
JM Financial Credit Solutions Ltd**
0.02
Aspire Home Finance Corporation Ltd (Subsidiary of Motilal Oswal Financial Services Ltd.)**
0.01
KEC International Ltd.**
0.01
Hinduja Leyland Finance Ltd**
0.01
Arm Infra & Utilities Pvt. Ltd. (Secured with shares of ZEE Entertainment Enterprise Ltd.)**
0.01
Vedanta Ltd.**
0.00
Vedanta Ltd.**
0.00
Indiabulls Housing Finance Ltd.**
0.00

Sector Holding%
Miscellaneous
89.24

About HDFC Credit Risk Debt Fund

Scheme Analysis

HDFC Credit Risk Debt Fund is a Debt - Credit Risk Fund fund and belongs to HDFC Mutual Fund. It was launched on 25-Mar-2014 and currently has an AUM of ₹16,194.41 crore. HDFC Credit Risk Debt Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and Crisil Short Term Bond Fund Index as secondary index.

The NAV of HDFC Credit Risk Debt Fund ended down ₹-0.01(-0.03%)yesterday to ₹15.36.

Among its top 3 holdings the fund has exposure to TATA International Ltd.**, Net Current Assets and HDFC Bank Ltd.**

The HDFC Credit Risk Debt Fund is managed by Shobhit Mehrotra and Rakesh Vyas.

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

Shobhit Mehrotra

Education:B. Text.,M.S. MBA(Clemson University, SC,USA)
Experience:20 Years
Basic Details:Mr. Shobhit Mehrotra has collective experience of over 20 years in Fixed Income markets, Fixed Income dealing and credit rating etc. He is with HDFC AMC since Feb 2004. Prior to this he has worked with Templeton Asset Management (India) Pvt Ltd. And ICRA Ltd.
Funds Managed:
HDFC Credit Risk Debt Fund
HDFC Floating Rate Debt Fund
HDFC Hybrid Debt Fund
HDFC Income Fund
HDFC Medium Term Debt Fund
HDFC Retirement Savings Fund - Equity Plan
HDFC Retirement Savings Fund - Hybrid-Debt Plan
HDFC Retirement Savings Fund - Hybrid-Equity Plan

Rakesh Vyas

Education:B.E. (Electrical) & PGDBM(XLRI)
Experience:9 Years
Basic Details:Mr. Rakesh Vyas has over 9 years of experience of which 3 years in Application Engineering (Control & Automation) and over 5 years in equity research. He is with HDFC AMC from Oct 2009 till date. He has also worked with Nomura Financial Advisory and Securities Pvt. Ltd., Lehman Brothers Services India Pvt. Ltd., GE Power Controls India Pvt. Ltd., Larsen & Toubro Limited.
Funds Managed:
HDFC Arbitrage Fund
HDFC Balanced Advantage Fund
HDFC Banking and PSU Debt Fund
HDFC Capital Builder Value 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 Hybrid Debt Fund
HDFC Hybrid Equity Fund
HDFC Income Fund
HDFC Infrastructure 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

Holding Type Holding %
BRICKWORKS - A(SO)
0.81
BRICKWORKS - A+(SO)
0.91
BRICKWORKS - AA-(SO)
1.91
CARE - A(SO)
1.59
CARE - A+
7.99
CARE - A-
0.77
CARE - AA
4.10
CARE - AA(SO)
1.69
CARE - AA+
3.12
CARE - AA-
3.67
CARE - AA-(SO)
5.10
CARE - AAA
6.90
CARE - C
0.17
Cash
3.64
CRISIL - A
2.40
CRISIL - A+
0.01
CRISIL - A1+
1.61
CRISIL - A1+(SO)
0.99
CRISIL - AA
9.99
CRISIL - AA(SO)
3.78
CRISIL - AA+
1.44
CRISIL - AA-
3.12
CRISIL - AAA
10.85
CRISIL - AAA(SO)
0.16
ICRA - A+
1.47
ICRA - A+(SO)
0.83
ICRA - A-
0.53
ICRA - AA
3.37
ICRA - AA+
4.62
ICRA - AA-
1.96
ICRA - AAA
0.72
ICRA - AAA(SO)
2.44
IND - A-
1.14
IND - AA
0.71
IND - AA+
2.09
IND - AA-
1.00
IND - AAA
0.11
Sovereign
0.32
UNRATED
1.87

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