HDFC Credit Risk Debt Fund - IDCW - Regular Plan

Item: HDFC Credit Risk Debt Fund - IDCW - Regular Plan
Rating: 1
Author: PersonalFN

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₹10.3847 0.05 %Nav, as on 02-06-2023
Previous Nav
₹ 10.38
Net Change on 02-06-2023
₹0
PersonalFN Rating
Category
Debt - Credit Risk Fund
Assets (Cr.)
₹ 8,572.56
Expense Ratio
1.56%
(As on Apr 30, 2023)

Fund Overview IDCW | Regular 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 (₹)
100
52 Week Low Nav (₹)
19.24
52 Week Low Nav Date
15-Jun-2022
52 Week High Nav (₹)
20.60
52 Week High Nav Date
01-Jun-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 - Quarterly IDCW Option	8.53	9.61	6.78	7.54	6.75	6.71
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	Ratings	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
HDFC Credit Risk Debt Fund - Quarterly IDCW Option	Mar 25, 2014		6.78	7.54	6.75	1.56	8,572.56
HDFC Credit Risk Debt Fund - IDCW Option	Nov 20, 2014		6.78	7.55	7.55	1.56	8,572.56
ICICI Prudential Credit Risk Fund - Quarterly IDCW	Dec 03, 2010		6.89	7.09	6.79	1.56	7,828.43
SBI Credit Risk Fund - Regular Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW)	Dec 03, 2012		8.18	6.93	6.23	1.55	2,818.95
SBI Credit Risk Fund - Regular Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	Jul 14, 2004		8.19	6.93	6.43	1.55	2,818.95
Kotak Credit Risk Fund - Regular Plan - Standard Income Distribution cum capital withdrawal option	May 11, 2010	Unrated	5.31	5.08	4.87	1.70	1,108.87

Fund Holdings as on 30-April-2023

Company % Assets
7.1% GOI MAT 180429
4.09
8.9508% Pipeline Infrastructure Pvt. Ltd.^
3.78
9.1% Power Finance Corporation Ltd.^
3.47
6% Bharti Hexacom Limited^
3.46
6.7% DLF Cyber City Developers Ltd.^
3.13
8.57% ONGC Petro additions Ltd. (OPAL) (Put on ONGC Ltd.)^
2.99
Reverse Repo
2.84
Net Current Assets
2.77
9.9% The Tata Power Company Ltd.^
2.56
8.5% Tata Motors Ltd.^
2.37
10.75% Resco Global Wind Services Pvt. Ltd. (Corporate guarantee from Gujarat Fluorochemicals Limited)^
2.34
8.85% TVS Credit Services Ltd^
2.30
8.5% Tata Motors Ltd.^
2.25
9.15% Green Infra Wind Energy Ltd^
2.24
6.4% Jamnagar Utilities & Power Pvt. Ltd.^
1.96
Promont Hillside Pvt. Ltd^
1.86
8.73% Hero Housing Finance Limited^
1.75
9.55% Avanse Financial Service Ltd.^
1.74
TREPS - Tri-party Repo
1.72
11.05% Shriram Finance Ltd.^
1.66
POWERGRID Infrastructure Investment Trust
1.53
9.4% TVS Credit Services Ltd^
1.53
9.85% GIC Housing Finance Ltd.^
1.46
9.74% Kogta Financial India Limited^
1.44
6.4% Embassy Office Parks REIT^
1.44
8.5% JM Financial Products Ltd.^
1.43
6.92% Godrej Industries Ltd.^
1.43
6.75% Sikka Port and Terminal Ltd.^
1.42
8.4% Fullerton India Home Finance Company Ltd.^
1.16
8.91% Fullerton India Home Finance Company Ltd.^
1.16
9.2627% SK FINANCE LIMITED^
1.15
7.45% Hinduja Leyland Finance Ltd.^
1.15
IDFC First Bank Limited^
1.15
8.25% Varroc Engineering Limited^
1.15
6.35% Mindspace Business Parks REIT^
1.14
7.93% Floating Rate GOI 2034^
1.14
7.9926% TMF Holdings Ltd. (Perpetual) (Perpetual)^
1.12
9.24% Ashoka Concession Ltd. (Corporate guarantee from Ashoka Buildcon Limited)^
0.91
6.54% GOI MAT 170132
0.90
8.25% GIC Housing Finance Ltd.^
0.87
7.4% National Bank for Agri & Rural Dev.^
0.87
7.25% Nuvoco Vistas Corporation Ltd.^
0.87
7.99% Tata Projects Ltd.^
0.87
7.75% Nuvoco Vistas Corporation Ltd.^
0.87
8.2% Mahindra Rural Housing Finance Ltd
0.81
9.5% INOX Wind Ltd (Corporate guarantee from Gujarat Fluorochemicals Limited)^
0.79
Plutus 09 2022 (PTC backed by loan receivables originated by Muthoot Capital Services Limited)^
0.73
8.55% The Tata Power Company Ltd.^
0.70
9% Steel Authority Of India Ltd.^
0.65
7.77% Power Finance Corporation Ltd.
0.59
8.1432% LIC Housing Finance Ltd.^
0.59
9.4% TVS Credit Services Ltd^
0.59
7.62% National Bank for Agri & Rural Dev.^
0.59
9.25% Motilal Oswal Finvest Limited^
0.58
8.25% Varroc Engineering Limited^
0.58
7.25% India Grid Trust^
0.58
The Federal Bank Ltd.
0.58
6.37% L&T Metro Rail (Hyderabad) Ltd (Corporate guarantee from Larsen & Toubro Limited)^
0.57
7.32% India Grid Trust
0.57
6.5% TATA Capital Housing Finance Ltd.^
0.56
7.05% LIC Housing Finance Ltd.^
0.56
7.89% Gujarat SDL - Mat 150525^
0.47
7.9% Mahindra Rural Housing Finance Ltd^
0.47
9.11% Ashoka Concession Ltd. (Corporate guarantee from Ashoka Buildcon Limited)^
0.46
7.7% LIC Housing Finance Ltd.^
0.46
9.21% Ashoka Concession Ltd. (Corporate guarantee from Ashoka Buildcon Limited)^
0.46
6.79% GOI MAT 150527
0.41
5.8% Aditya Birla Fashion and Retail Ltd.^
0.40
8.65% Tata Projects Ltd.^
0.35
5.94% REC Limited.^
0.34
7.2962% TMF Holdings Ltd. (Perpetual) (Perpetual)^
0.32
8.05% NTPC Limited^
0.30
8.19% NTPC Limited^
0.30
7.26% GOI MAT 220832
0.29
7.17% GOI MAT 080128^
0.29
9.35% Arka Fincap Limited^
0.29
10.03% JM Financial Products Ltd.^
0.29
11.25% GERA Development Pvt. Ltd.^
0.29
9.6% JM Financial Asset Reconstruction Co. Ltd.^
0.29
9.6% JM Financial Asset Reconstruction Co. Ltd.^
0.29
6.18% Gujarat SDL - Mat 310326^
0.28
7.82% Power Finance Corporation Ltd.^
0.24
7.82% Power Finance Corporation Ltd.^
0.24
7.82% Power Finance Corporation Ltd.^
0.24
7.82% Power Finance Corporation Ltd.^
0.24
7.27% GOI MAT 080426^
0.24
Lauren 03 2022 (PTC backed by loan receivables originated by Muthoot Capital Services Limited)^
0.23
9.6% JM Financial Asset Reconstruction Co. Ltd.^
0.23
6.72% India Grid Trust^
0.23
9.6% JM Financial Asset Reconstruction Co. Ltd.^
0.17
5.63% GOI MAT 120426
0.17
8.97% REC Limited.^
0.12
8.1% NTPC Limited^
0.12
7.96% REC Limited.^
0.12
7.02% Gujarat SDL - Mat 280826^
0.12
11.95% GERA Development Pvt. Ltd.^
0.12
7.17% GOI MAT 170430
0.04
9.25% Reliance Industries Ltd.^
0.01

Sector Holding%
Miscellaneous
80.02

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

Most Recent Dividend

Dividend Details

Record Date Dividend (%)
28/03/2023
1.29
27/12/2022
1.69
27/09/2022
2.18
28/03/2022
1.60
28/12/2021
1.78
28/09/2021
1.81
28/06/2021
2.44
26/03/2021
2.26
29/12/2020
2.15
28/09/2020
3.44
26/06/2020
1.97
19/03/2020
1.09
27/12/2019
2.42
26/09/2019
2.19
26/06/2019
1.98
26/03/2019
1.94
27/12/2018
3.01
26/09/2018
0.74
26/06/2018
0.51
27/03/2018
4.00
26/09/2017
4.37
29/03/2017
4.22
27/09/2016
6.70
29/03/2016
2.16
29/09/2015
4.47
26/03/2015
4.68
26/09/2014
4.81

Holding Type Holding %
CARE - A+
1.74
CARE - AA
1.86
CARE - AA-
0.41
CARE - AAA
1.16
Cash
7.33
CRISIL - A+
1.15
CRISIL - A1+
1.73
CRISIL - AA
15.15
CRISIL - AA(CE)
3.13
CRISIL - AA(SO)
0.96
CRISIL - AA+
9.11
CRISIL - AA-
6.35
CRISIL - AA-(CE)
1.83
CRISIL - AAA
21.90
CRISIL - AAA(CE)
0.57
ICRA - A
3.17
ICRA - AA
4.34
ICRA - AA-
0.98
ICRA - AAA
0.57
IND - AA
5.53
IND - AA+
0.47
IND - AAA
0.58
REITs & InvITs
1.53
Sov
8.44

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 ₹8,572.56 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(0.05%)yesterday to ₹10.3847.

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

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