HDFC Credit Risk Debt Fund - Growth - Direct Plan

Item: HDFC Credit Risk Debt Fund - Growth - Direct Plan
Rating: 2
Author: PersonalFN

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₹21.5335 0.06 %Nav, as on 23-03-2023
Previous Nav
₹ 21.5206
Net Change on 23-03-2023
₹0.01
PersonalFN Rating
Category
Debt - Credit Risk Fund
Assets (Cr.)
₹ 8,437.56
Expense Ratio
0.95%
(As on Feb 28, 2023)

Fund Overview Growth | Direct Plan

Fund House
HDFC Mutual Fund
Launch Date
25-Mar-2014
Benchmark
Crisil 10 Yr Gilt Index
Minimum Investment (₹)
100
Minimum Addl Investment (₹)
100
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 (₹)
100
Minimum STP Investment (₹)
500
Minimum SWP Investment (₹)
500
52 Week Low Nav (₹)
20.32
52 Week Low Nav Date
06-May-2022
52 Week High Nav (₹)
21.52
52 Week High Nav Date
20-Mar-2023

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 - Direct Option - Growth Option	6.96	5.95	4.68	8.11	7.71	8.90
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
NIFTY Credit Risk 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	Ratings	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
HDFC Credit Risk Debt Fund - Direct Option - Growth Option	Mar 25, 2014		4.68	8.11	7.71	0.95	8,437.56
ICICI Prudential Credit Risk Fund - Direct Plan - Growth	Jan 02, 2013		5.79	8.08	8.13	0.88	7,584.05
SBI CREDIT RISK FUND - DIRECT PLAN -GROWTH	Jan 02, 2013		5.27	7.33	7.00	0.92	2,782.95
Kotak Credit Risk Fund - Growth - Direct	Jan 01, 2013	Unrated	1.57	6.02	6.40	0.74	1,204.64
Aditya Birla Sun Life Credit Risk Fund - Direct Plan - Growth	Apr 22, 2015		8.69	9.14	7.15	0.69	1,032.20
Nippon India Credit Risk Fund - Direct Plan - Growth Plan	Jan 01, 2013	Unrated	4.94	9.60	4.40	0.98	927.49

Fund Holdings as on 28-February-2023

Company % Assets
6% Bharti Hexacom Limited^
4.19
7.1% GOI 2029
4.08
9.04% IndInfravit Trust^
4.00
8.9508% Pipeline Infrastructure Pvt. Ltd.^
3.84
9.1% Power Finance Corporation Ltd.^
3.49
Net Current Assets
3.16
6.7% DLF Cyber City Developers Ltd.^
3.16
9.9% The Tata Power Company Ltd.^
2.58
8.5% Tata Motors Ltd.^
2.38
Tata Teleservices Ltd.^
2.37
7.45% Hinduja Leyland Finance Ltd.^
2.33
8.85% TVS Credit Services Ltd^
2.33
9.15% Green Infra Wind Energy Ltd^
2.33
8.5% Tata Motors Ltd.^
2.26
7% DLF LIMITED^
2.07
6.4% Jamnagar Utilities & Power Pvt. Ltd. (erstwhile Reliance Utilities & Power Pvt. Ltd.)^
1.97
Promont Hillside Pvt. Ltd^
1.85
8.73% Hero Housing Finance Limited^
1.78
9.55% Avanse Financial Service Ltd.^
1.77
10.59% Shriram Finance Ltd.^
1.70
9.4% TVS Credit Services Ltd^
1.54
POWERGRID Infrastructure Investment Trust
1.52
9.39% GIC Housing Finance Ltd.^
1.49
6.4% Embassy Office Parks REIT^
1.46
8.5 %JM Financial Products Ltd.^
1.45
6.92% Godrej Industries Ltd.^
1.45
6.75% Sikka Port and Terminal Ltd. (erstwhile Reliance Ports and Terminals Ltd.)^
1.43
TREPS - Tri-party Repo
1.42
Vedanta Ltd.^
1.18
8.4 %Fullerton India Home Finance Company Ltd.^
1.18
8.37% Fullerton India Home Finance Company Ltd.^
1.18
9.2627 %SK FINANCE LIMITED^
1.17
8.25% Varroc Engineering Limited^
1.16
7.69% Floating Rate GOI 2034
1.16
6.35% Mindspace Business Parks REIT^
1.15
7.9926% TMF Holdings Ltd. (Subsidiary of Tata Motors Ltd.) (Perpetual)^
1.14
9.24% Ashoka Concession Ltd.^
0.92
Plutus 09 2022^
0.90
6.54% GOI 2032
0.89
8.25% GIC Housing Finance Ltd.^
0.89
7.25% Nuvoco Vistas Corporation Ltd. (100% subsidiary of Nirma Ltd. & erstwhile Lafarge India Ltd.)^
0.88
7.75% Nuvoco Vistas Corporation Ltd. (100% subsidiary of Nirma Ltd. & erstwhile Lafarge India Ltd.)^
0.88
7.4% National Bank for Agri & Rural Dev.^
0.88
7.99% Tata Projects Ltd.^
0.88
9.5% INOX Wind Ltd^
0.80
8.55% The Tata Power Company Ltd.^
0.71
9% Steel Authority Of India Ltd.^
0.66
9.4% TVS Credit Services Ltd^
0.59
Vedanta Ltd.^
0.59
9.25% Motilal Oswal Finvest Limited^
0.59
7.62 %National Bank for Agri & Rural Dev.
0.59
8.25% Varroc Engineering Limited^
0.58
7.25% India Grid Trust^
0.58
7.32% India Grid Trust^
0.57
6.37% L&T Metro Rail (Hyderabad) Ltd^
0.57
6.5% TATA Capital Housing Finance Ltd.
0.57
7.05% LIC Housing Finance Ltd.^
0.56
Reverse Repo
0.52
7.9% Mahindra Rural Housing Finance Ltd^
0.48
7.89% Gujarat SDL - Mat 150525^
0.48
9.11% Ashoka Concession Ltd.^
0.47
9.21% Ashoka Concession Ltd.^
0.47
7.7% LIC Housing Finance Ltd.^
0.46
6.79% GOI 2027
0.41
5.8% Aditya Birla Fashion and Retail Ltd.^
0.40
LAUREN 03 2022^
0.38
8.65 %Tata Projects Ltd.^
0.35
6.67% HDFC Life Insurance Company Limited^
0.34
7.2962% TMF Holdings Ltd. (Subsidiary of Tata Motors Ltd.) (Perpetual)^
0.33
8.19% NTPC Limited^
0.30
8.05% NTPC Limited^
0.30
9.48% JM Financial Products Ltd.^
0.30
11.95% GERA Development Pvt. Ltd.^
0.30
9.35% Arka Fincap Limited^
0.29
9.6 %JM Financial Asset Reconstruction Co. Ltd.^
0.29
11.25% GERA Development Pvt. Ltd.^
0.29
7.17% GOI 2028^
0.29
7.26% GOI 2032
0.29
7.02% Gujarat SDL - Mat 280826^
0.29
9.6 %JM Financial Asset Reconstruction Co. Ltd.^
0.29
6.18% Gujarat SDL - Mat 310326^
0.29
7.27% GOI 2026
0.24
9.6 %JM Financial Asset Reconstruction Co. Ltd.^
0.23
6.72% India Grid Trust^
0.23
7.96% REC Limited.
0.18
9.6 %JM Financial Asset Reconstruction Co. Ltd.^
0.18
5.63% GOI 2026
0.17
8.97% REC Limited.^
0.13
8.1% NTPC Limited^
0.12
11.95% GERA Development Pvt. Ltd.^
0.12
9.25% Reliance Industries Ltd.^
0.01

Sector Holding%
Miscellaneous
79.39

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 Long Duration Debt 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

Holding Type Holding %
CARE - A+
1.77
CARE - AA
1.85
CARE - AA-
0.71
CARE - AAA
1.18
Cash
5.10
CRISIL - A+
1.17
CRISIL - A1+
4.14
CRISIL - AA
11.53
CRISIL - AA(CE)
0.80
CRISIL - AA(SO)
1.28
CRISIL - AA+
10.00
CRISIL - AA-
8.73
CRISIL - AA-(CE)
1.86
CRISIL - AAA
23.19
CRISIL - AAA(CE)
0.57
ICRA - A
1.74
ICRA - AA
4.42
ICRA - AA-
3.06
ICRA - AAA
0.57
IND - AA
5.18
IND - AA+
0.48
IND - AAA
0.58
REITs & InvITs
1.52
Sovereign
8.59

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 ₹8,437.56 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 primary index and NIFTY Credit Risk Bond Index as secondary index.

The NAV of HDFC Credit Risk Debt Fund ended up ₹0.01(0.06%)yesterday to ₹21.5335.

Among its top 3 holdings the fund has exposure to 6% Bharti Hexacom Limited^, and

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

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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