HDFC Corporate Bond Fund - IDCW - Direct Plan

Item: HDFC Corporate Bond Fund - IDCW - Direct Plan
Rating: 2
Author: PersonalFN

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₹10.1213 0.03 %Nav, as on 27-09-2023
Previous Nav
₹ 10.1186
Net Change on 27-09-2023
₹0
PersonalFN Rating
Category
Debt - Corporate Bond Fund
Assets (Cr.)
₹ 26,782.16
Expense Ratio
0.35%
(As on Aug 31, 2023)

Fund Overview IDCW | Direct Plan

Fund House
HDFC Mutual Fund
Launch Date
01-Jan-2013
Benchmark
Crisil 10 Yr Gilt Index
Minimum Investment (₹)
100
Minimum Addl Investment (₹)
100
Exit Load (%)
Nil
Minimum SIP Investment (₹)
100
Minimum STP Investment (₹)
500
Minimum SWP Investment (₹)
100
52 Week Low Nav (₹)
21.67
52 Week Low Nav Date
28-Sep-2022
52 Week High Nav (₹)
23.37
52 Week High Nav Date
27-Sep-2023

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 - Quarterly IDCW Option - Direct Plan	7.71	7.55	7.84	5.59	7.15	6.60
Crisil 10 Yr Gilt Index	N/A	N/A	N/A	N/A	N/A	N/A
CRISIL Composite Bond 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 - Quarterly IDCW Option - Direct Plan	Jan 01, 2013	7.84	5.59	7.15	0.35	26,782.16
HDFC Corporate Bond Fund - IDCW Option - Direct Plan	Oct 22, 2014	7.84	5.59	7.85	0.35	26,782.16
ICICI Prudential Corporate Bond Fund - Direct Plan - Monthly IDCW	Jan 15, 2013	7.99	5.92	6.90	0.32	23,243.89
ICICI Prudential Corporate Bond Fund - Direct Plan - Quarterly IDCW	Jan 14, 2013	7.99	5.96	7.76	0.32	23,243.89
Aditya Birla Sun Life Corporate Bond Fund -DIRECT - IDCW	Sep 30, 2013	7.72	5.67	6.98	0.31	17,985.73
Aditya Birla Sun Life Corporate Bond Fund -DIRECT - MONTHLY IDCW	Jan 01, 2013	7.72	5.67	7.16	0.31	17,985.73

Fund Holdings as on 31-August-2023

Company % Assets
8.51% Floating Rate GOI 2033
5.87
7.88% Floating Rate GOI 2028
3.81
7.93% Floating Rate GOI 2034^
3.72
Net Current Assets
3.28
7.58% National Bank for Agri & Rural Dev.^
2.98
8.1965% HDB Financial Services Ltd.^
2.81
7.1% GOI MAT 180429
2.79
7.99% State Bank of India (Tier 2 - Basel III)^
2.44
6.18% MANGALORE REFINERY AND PETROCHEMICA^
2.06
5.83% State Bank of India (Tier 2 - Basel III)^
1.98
8.95% Reliance Industries Ltd.^
1.97
7.8% HDFC Bank Ltd.£
1.86
7.7% LIC Housing Finance Ltd.^
1.86
8.37% REC Limited.^
1.74
8.27% National Highways Authority of India^
1.58
7.59% Small Industries Development Bank^
1.49
5.78% Chennai Petroleum Corp Ltd.^
1.44
9.25% Power Finance Corporation Ltd.^
1.42
7.97% HDFC Bank Ltd.£
1.32
7.59% Power Finance Corporation Ltd.
1.31
7.55% REC Limited.^
1.30
6.54% GOI MAT 170132
1.25
7.62% National Bank for Agri & Rural Dev.
1.21
7.54% Small Industries Development Bank^
1.21
6.4% Jamnagar Utilities & Power Pvt. Ltd.^
1.11
5.95% Bajaj Finance Ltd.^
1.11
7.4% Power Grid Corporation of India Ltd.
1.07
8.24% Power Grid Corporation of India Ltd.^
0.97
7.77% Power Finance Corporation Ltd.^
0.94
8.9% State Bank of India (Tier 2 - Basel III)^
0.93
7.99% HDB Financial Services Ltd.^
0.93
7.65% Bajaj Housing Finance Ltd.^
0.93
7.7% HDB Financial Services Ltd.^
0.93
7.43% National Bank for Financing Infrastructure and Development^
0.93
7.75% MANGALORE REFINERY AND PETROCHEMICA^
0.92
8.45% Indian Railways Finance Corp. Ltd.^
0.91
5.5315% LIC Housing Finance Ltd.^
0.91
8.1059% Kotak Mahindra Investments Ltd.^
0.88
8.55% Bank of Baroda (Tier 2 - Basel III)^
0.75
7.64% REC Limited.^
0.75
7.48% Housing and Urban Development Corporation Ltd.^
0.75
8.17% Nomura Capital India Pvt. Ltd.^
0.74
6.24% State Bank of India (Tier 2 - Basel III)^
0.74
5.78% HDFC Bank Ltd.£^
0.72
7.4% National Bank for Agri & Rural Dev.^
0.65
8.55% Indian Railways Finance Corp. Ltd.^
0.59
7.82% Power Finance Corporation Ltd.^
0.57
7.64% Hindustan Petroleum Corp. Ltd.^
0.56
7.68% Housing and Urban Development Corporation Ltd.^
0.56
7.7% Power Finance Corporation Ltd.
0.56
7.49% National Bank for Agri & Rural Dev.^
0.56
7.23% Small Industries Development Bank^
0.56
7.56% Power Grid Corporation of India Ltd.^
0.55
6.75% Sikka Port and Terminal Ltd.^
0.55
8.3% REC Limited.^
0.54
6.5% TATA Capital Housing Finance Ltd.^
0.54
7.91% Sundaram Finance Ltd.^
0.54
6.44% HDFC Bank Ltd.£^
0.53
8.56% REC Limited.^
0.51
7.22% National Housing Bank^
0.48
7.75% Small Industries Development Bank^
0.47
7.44% Small Industries Development Bank
0.46
8.23% REC Limited.^
0.40
9% HDFC Bank Ltd.£^
0.39
8.54% REC Limited.^
0.39
8.3% REC Limited.^
0.39
7.74% Hindustan Petroleum Corp. Ltd.^
0.38
8.1432% LIC Housing Finance Ltd.^
0.38
7.77% Power Finance Corporation Ltd.^
0.37
7.84% HDFC Bank Ltd. (Tier 2 - Basel III)£^
0.37
8.4% Bank of Baroda (Tier 2 - Basel III)^
0.37
7.9% Bajaj Finance Ltd.
0.37
7.9% Kotak Mahindra Prime Ltd.^
0.37
7.49% National Highways Authority of India^
0.37
7.61% LIC Housing Finance Ltd.^
0.37
7.7% Bajaj Housing Finance Ltd.^
0.37
7.44% Indian Oil Corporation Ltd.^
0.37
7.4% HDFC Bank Ltd.£^
0.37
8.1% Toyota Financial Services India Ltd.^
0.34
6.88% REC Limited.^
0.33
6.82% Bihar SDL - ISD 140721 Mat 140728^
0.33
GOI STRIPS - Mat 150926^
0.30
8.85% REC Limited.^
0.30
7.7% National Bank for Agri & Rural Dev.^
0.29
9.75% Jamnagar Utilities & Power Pvt. Ltd.^
0.29
8.9508% Pipeline Infrastructure Pvt. Ltd.^
0.28
7.54% State Bank of India^
0.28
7.55% Nuclear Power Corporation of India Ltd.^
0.28
7.89% Tata Capital Financial Services Ltd.^
0.28
7.54% Hindustan Petroleum Corp. Ltd.^
0.28
7.54% National Bank for Agri & Rural Dev.^
0.28
7.35% HDFC Bank Ltd.£^
0.28
8.18% National Bank for Agri & Rural Dev.^
0.27
9.59% Reliance Industries Ltd.^
0.22
HDB Financial Services Ltd.^
0.20
8.77% National Bank for Agri & Rural Dev.^
0.20
8.42% National Bank for Agri & Rural Dev.^
0.19
8.15% National Bank for Agri & Rural Dev.^
0.19
7.72% Power Finance Corporation Ltd.^
0.19
7.65% Indian Railways Finance Corp. Ltd.^
0.19
7.7% Nuclear Power Corporation of India Ltd.^
0.19
7.97% TATA Capital Housing Finance Ltd.^
0.19
7.64% Power Finance Corporation Ltd.^
0.19
7.51% State Bank of India^
0.19
8% ONGC Petro additions Ltd. (Letter of Comfort by ONGC Ltd.)^
0.19
8% Toyota Financial Services India Ltd.^
0.19
7.55% Power Finance Corporation Ltd.^
0.19
7.5% National Bank for Agri & Rural Dev.^
0.19
7.44% REC Limited.
0.19
7.25% Small Industries Development Bank^
0.19
7.2% National Bank for Agri & Rural Dev.^
0.19
7.13% Power Finance Corporation Ltd.^
0.19
5.81% REC Limited.^
0.18
6.67% ICICI Bank Ltd.^
0.18
7.36% Maharashtra SDL ISD 120423 Mat 120428^
0.17
8.65% NHPC Ltd.^
0.16
GOI STRIPS - Mat 260426^
0.15
7.85% Power Finance Corporation Ltd.^
0.15
Power Finance Corporation Ltd.
0.15
GOI STRIPS - Mat 261026^
0.15
6.35% Power Finance Corporation Ltd.^
0.14
GOI STRIPS - Mat 260427^
0.14
GOI STRIPS - Mat 261027^
0.14
8.83% ONGC Petro additions Ltd. (Letter of Comfort by ONGC Ltd.)^
0.13
Reverse Repo
0.12
7.82% Power Finance Corporation Ltd.^
0.11
7.82% Power Finance Corporation Ltd.^
0.11
7.82% Power Finance Corporation Ltd.^
0.11
7.82% Power Finance Corporation Ltd.^
0.11
GOI STRIPS - Mat 190328^
0.10
8.49% National Highways Authority of India^
0.10
8.75% LIC Housing Finance Ltd.^
0.10
8.36% National Highways Authority of India^
0.10
8.3% NTPC Limited^
0.10
GOI STRIPS - Mat 121227^
0.10
7.74% Indian Railways Finance Corp. Ltd.^
0.10
7.7% State Bank of India^
0.09
8.18% Export - Import Bank of India^
0.09
7.8% National Highways Authority of India^
0.09
7.59% Power Finance Corporation Ltd.^
0.09
7.54% Housing and Urban Development Corporation Ltd.^
0.09
7.7201% LIC Housing Finance Ltd.
0.09
7.47% Small Industries Development Bank^
0.09
7.53% REC Limited.^
0.09
7.44% NTPC Limited^
0.09
7.46% REC Limited.^
0.09
GOI STRIPS - Mat 120627^
0.07
GOI STRIPS - Mat 020126^
0.06
GOI STRIPS - Mat 020726^
0.06
8.8% REC Limited.^
0.06
GOI STRIPS - Mat 020127^
0.06
GOI STRIPS - Mat 120328^
0.06
GOI STRIPS - Mat 020727^
0.06
GOI STRIPS - Mat 170628^
0.05
GOI STRIPS - Mat 171228^
0.05
GOI STRIPS - Mat 161226^
0.05
GOI STRIPS - Mat 160627^
0.04
GOI STRIPS - Mat 161227^
0.04
GOI STRIPS - Mat 171227^
0.04
GOI STRIPS - Mat 220228^
0.04
GOI STRIPS - Mat 160628^
0.04
9.25% ICICI Bank Ltd.^
0.04
7.59% NHPC Ltd.^
0.04
7.59% NHPC Ltd.^
0.04
7.59% NHPC Ltd.^
0.04
7.59% NHPC Ltd.^
0.04
7.59% NHPC Ltd.^
0.04
7.59% NHPC Ltd.^
0.04
GOI STRIPS - Mat 161228^
0.04
7.1% GOI MAT 270128^
0.04
First Business Receivables Trust (PTC backed by receivables from Reliance Corporate IT Park Limited)^
0.03
First Business Receivables Trust (PTC backed by receivables from Reliance Corporate IT Park Limited)^
0.03
First Business Receivables Trust (PTC backed by receivables from Reliance Corporate IT Park Limited)^
0.03
GOI STRIPS - Mat 190327^
0.03
First Business Receivables Trust (PTC backed by receivables from Reliance Corporate IT Park Limited)^
0.03
GOI STRIPS - Mat 190927^
0.03
First Business Receivables Trust (PTC backed by receivables from Reliance Corporate IT Park Limited)^
0.03
GOI STRIPS - Mat 120928^
0.03
TREPS - Tri-party Repo
0.03
GOI STRIPS - Mat 160629^
0.03
GOI STRIPS - Mat 161229^
0.02
GOI STRIPS - Mat 220229^
0.02
GOI STRIPS - Mat 190928^
0.00
GOI STRIPS - Mat 010628^
0.00
GOI STRIPS - Mat 011228^
0.00

Sector Holding%
Miscellaneous
76.42

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 Hybrid Equity Fund
HDFC Liquid Fund
HDFC Low Duration Fund

Most Recent Dividend

Dividend Details

Record Date Dividend (%)
26/09/2023
1.82
27/06/2023
2.57
28/03/2023
1.39
27/12/2022
1.74
27/09/2022
1.99
28/03/2022
1.24
28/12/2021
1.74
28/09/2021
1.86
28/06/2021
1.59
26/03/2021
1.70
29/12/2020
2.64
28/09/2020
2.91
26/06/2020
3.65
19/03/2020
0.48
27/12/2019
1.81
26/09/2019
1.79
26/06/2019
1.85
26/03/2019
2.69
27/12/2018
3.36
26/09/2018
1.03
26/06/2018
0.68
27/03/2018
1.38
27/12/2017
3.07
26/09/2017
2.14
29/03/2017
2.23
27/12/2016
2.11
27/09/2016
2.23
28/06/2016
2.39
29/03/2016
2.07
29/12/2015
2.16
29/09/2015
2.29
26/06/2015
2.25
26/03/2015
2.22
29/12/2014
2.33
26/09/2014
2.23
26/06/2014
2.26
26/03/2014
4.84
26/09/2013
1.10
26/06/2013
2.59
26/03/2013
1.73

Holding Type Holding %
CARE - AAA
8.29
CARE - AAA(CE)
0.32
Cash
3.43
CRISIL - AAA
64.27
CRISIL - AAA(SO)
0.15
ICRA - AAA
2.29
IND - AAA
1.25
Sovereign
19.98

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 01-Jan-2013 and currently has an AUM of ₹26,782.16 crore. HDFC Corporate Bond Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and CRISIL Composite Bond Index as primary index and NIFTY Corporate Bond Index as secondary index.

The NAV of HDFC Corporate Bond Fund ended up ₹0(0.03%)yesterday to ₹10.1213.

Among its top 3 holdings the fund has exposure to 8.51% Floating Rate GOI 2033, and

The HDFC Corporate Bond Fund is managed by Anupam Joshi .

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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