HDFC Credit Risk Debt Fund - IDCW - Direct Plan

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

Invest Now

₹19.8385 0.09 %Nav, as on 28-11-2023
Previous Nav
₹ 19.82
Net Change on 28-11-2023
₹0.02
PersonalFN Rating
Category
Debt - Credit Risk Fund
Assets (Cr.)
₹ 8,301.98
Expense Ratio
0.96%
(As on Oct 31, 2023)

Fund Overview IDCW | Direct Plan

Fund House
HDFC Mutual Fund
Launch Date
20-Nov-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 (₹)
100
52 Week Low Nav (₹)
18.51
52 Week Low Nav Date
28-Nov-2022
52 Week High Nav (₹)
19.82
52 Week High Nav Date
23-Nov-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 - IDCW Option - Direct Plan	7.79	5.92	7.15	6.39	8.00	7.88
Crisil 10 Yr Gilt Index	N/A	N/A	N/A	N/A	N/A	N/A
CRISIL Short Term Bond 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	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
HDFC Credit Risk Debt Fund - IDCW Option - Direct Plan	Nov 20, 2014	7.15	6.39	8.00	0.96	8,301.98
HDFC Credit Risk Debt Fund - Quarterly IDCW - Direct Plan	Mar 25, 2014	7.15	6.39	7.23	0.96	8,301.98
ICICI Prudential Credit Risk Fund - Direct Plan - Quarterly IDCW	Jan 07, 2013	7.64	6.76	7.52	0.87	7,423.98
SBI Credit Risk Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW)	Jan 07, 2013	8.79	6.42	6.89	0.89	2,688.61
SBI Credit Risk Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	Jan 02, 2013	8.79	6.42	7.03	0.89	2,688.61
NIPPON INDIA CREDIT RISK FUND - DIRECT Plan - IDCW Option	Oct 22, 2014	8.44	9.11	4.81	0.91	1,022.93

Fund Holdings as on 31-October-2023

Company % Assets
7.1% GOI MAT 180429
4.16
Net Current Assets
3.73
Power Finance Corporation Ltd.^
3.54
DLF Cyber City Developers Ltd.^
3.26
Pipeline Infrastructure Pvt. Ltd.^
3.09
ONGC Petro additions Ltd. (Letter of Comfort by ONGC Ltd.)^
3.08
Bharat Heavy Electricals Ltd.^
2.99
The Tata Power Company Ltd.^
2.82
Resco Global Wind Services Pvt. Ltd. (Corporate guarantee from Gujarat Fluorochemicals Limited)^
2.42
Tata Motors Ltd.^
2.41
ONGC Petro additions Ltd. (Letter of Comfort by ONGC Ltd.)^
2.41
TVS Credit Services Ltd^
2.39
Tata Motors Ltd.^
2.29
Kalpataru Projects International Ltd^
2.14
Jamnagar Utilities & Power Pvt. Ltd.
2.03
Promont Hillside Pvt. Ltd^
2.00
Hero Housing Finance Limited^
1.81
Indostar Capital Finance Ltd.^
1.80
Indostar Capital Finance Ltd.^
1.79
Shriram Finance Ltd.^
1.71
The Federal Bank Ltd.^
1.49
Kogta Financial India Limited^
1.49
JM Financial Products Ltd.^
1.49
Godrej Industries Ltd.^
1.48
Sikka Port and Terminal Ltd.^
1.47
POWERGRID Infrastructure Investment Trust
1.26
SMFG India Home Finance Company Ltd^
1.21
Floating Rate GOI 2034^
1.20
SMFG India Home Finance Company Ltd^
1.20
Godrej Industries Ltd.^
1.20
SK FINANCE LIMITED^
1.19
Mindspace Business Parks REIT^
1.18
TREPS - Tri-party Repo
1.18
TVS Credit Services Ltd^
0.97
Ashoka Concession Ltd. (Corporate guarantee from Ashoka Buildcon Limited)^
0.96
6.54% GOI MAT 170132
0.91
Avanse Financial Service Ltd.^
0.90
Nuvoco Vistas Corporation Ltd.^
0.90
Tata Projects Ltd.^
0.90
Godrej Industries Ltd.^
0.89
Mahindra Rural Housing Finance Ltd^
0.84
Avanse Financial Service Ltd.^
0.78
Steel Authority Of India Ltd.^
0.67
7.26% GOI MAT 060233
0.66
TVS Credit Services Ltd^
0.61
LIC Housing Finance Ltd.^
0.60
Power Finance Corporation Ltd.^
0.60
National Bank for Agri & Rural Dev.
0.60
Godrej Industries Ltd.^
0.60
REC Limited.^
0.60
India Grid Trust^
0.59
L&T Metro Rail (Hyderabad) Ltd (Corporate guarantee from Larsen & Toubro Limited)^
0.59
India Grid Trust^
0.58
TATA Capital Housing Finance Ltd.
0.58
Reverse Repo
0.58
LIC Housing Finance Ltd.^
0.57
The Federal Bank Ltd.^
0.56
Mahindra Rural Housing Finance Ltd^
0.49
Floating Rate GOI 2033
0.49
7.89% Gujarat SDL - Mat 150525^
0.48
Ashoka Concession Ltd. (Corporate guarantee from Ashoka Buildcon Limited)^
0.48
LIC Housing Finance Ltd.^
0.45
6.79% GOI MAT 150527^
0.41
Aditya Birla Fashion and Retail Ltd.^
0.41
INOX Wind Ltd (Corporate guarantee from Gujarat Fluorochemicals Limited)^
0.41
Tata Projects Ltd.^
0.36
REC Limited.^
0.35
TMF Holdings Ltd. (Perpetual) (Perpetual)^
0.34
NTPC Limited^
0.30
NTPC Limited^
0.30
JM Financial Products Ltd.^
0.30
Plutus 09 2022 (PTC backed by loan receivables originated by Muthoot Capital Services Limited)^
0.30
Embassy Office Parks REIT^
0.30
JM Financial Asset Reconstruction Co. Ltd.^
0.30
ONGC Petro additions Ltd. (Letter of Comfort by ONGC Ltd.)^
0.30
Arka Fincap Limited^
0.30
GERA Development Pvt. Ltd.^
0.30
7.17% GOI MAT 080128^
0.30
National Bank for Agri & Rural Dev.^
0.30
GERA Development Pvt. Ltd.^
0.30
7.26% GOI MAT 220832
0.30
GERA Development Pvt. Ltd.^
0.30
GERA Development Pvt. Ltd.^
0.30
JM Financial Asset Reconstruction Co. Ltd.^
0.30
GERA Development Pvt. Ltd.^
0.30
GERA Development Pvt. Ltd.^
0.29
GERA Development Pvt. Ltd.^
0.29
7.18% GOI MAT 240737
0.29
GERA Development Pvt. Ltd.^
0.29
6.18% Gujarat SDL - Mat 310326^
0.29
Corporate Debt Market Development Fund
0.26
Power Finance Corporation Ltd.^
0.24
Power Finance Corporation Ltd.^
0.24
Power Finance Corporation Ltd.^
0.24
Power Finance Corporation Ltd.^
0.24
7.27% GOI MAT 080426^
0.24
JM Financial Asset Reconstruction Co. Ltd.^
0.24
India Grid Trust^
0.23
JM Financial Asset Reconstruction Co. Ltd.^
0.18
5.63% GOI MAT 120426
0.17
REC Limited.^
0.13
NTPC Limited^
0.12
REC Limited.^
0.12
7.02% Gujarat SDL - Mat 280826^
0.12
7.17% GOI MAT 170430
0.04
Reliance Industries Ltd.^
0.01

Sector Holding%
Miscellaneous
76.07

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 Long Duration Debt Fund
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 - A1+
2.99
CARE - AA
2.00
CARE - AA-
4.05
CARE - AAA
1.21
Cash
5.49
CRISIL - A+
1.19
CRISIL - A1+
3.54
CRISIL - AA
24.08
CRISIL - AA+
3.93
CRISIL - AA+(CE)
2.83
CRISIL - AA-
3.89
CRISIL - AA-(CE)
1.44
CRISIL - AAA
19.87
CRISIL - AAA(CE)
0.59
CRISIL - AAA(SO)
0.30
ICRA - A
1.49
ICRA - AA
1.49
ICRA - AA-
1.02
ICRA - AAA
1.18
IND - AA
4.75
IND - AA+
0.49
IND - AAA
0.59
REITs & InvITs
1.26
Sov
10.06
Unrated
0.26

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 20-Nov-2014 and currently has an AUM of ₹8,301.98 crore. HDFC Credit Risk Debt Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and CRISIL Short Term Bond Index as primary index and NIFTY Credit Risk Bond Index as secondary index.

The NAV of HDFC Credit Risk Debt Fund ended up ₹0.02(0.09%)yesterday to ₹19.8385.

Among its top 3 holdings the fund has exposure to 7.1% GOI MAT 180429, 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

Financial Health Checkup

Money Simplified Videos

Infographics