HDFC Credit Risk Debt Fund - IDCW - Direct Plan

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

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₹10.6738 0.09 %Nav, as on 14-10-2024
Previous Nav
₹ 10.664
Net Change on 14-10-2024
₹0.01
PersonalFN Rating
Category
Debt - Credit Risk Fund
Assets (Cr.)
₹ 7,526.36
Expense Ratio
0.97%
(As on Sep 30, 2024)

Fund Overview IDCW | 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 (₹)
100
52 Week Low Nav (₹)
22.42
52 Week Low Nav Date
13-Oct-2023
52 Week High Nav (₹)
24.48
52 Week High Nav Date
10-Oct-2024

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 - Direct Plan	8.73	10.61	9.19	6.72	7.81	7.46
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 - Quarterly IDCW - Direct Plan	Mar 25, 2014	9.19	6.72	7.81	0.97	7,526.36
HDFC Credit Risk Debt Fund - IDCW Option - Direct Plan	Nov 20, 2014	9.19	6.72	8.03	0.97	7,526.36
ICICI Prudential Credit Risk Fund - Direct Plan - Quarterly IDCW	Jan 07, 2013	9.83	7.55	8.09	0.76	6,468.43
SBI Credit Risk Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW)	Jan 07, 2013	8.72	7.25	7.48	0.89	2,344.80
SBI Credit Risk Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	Jan 02, 2013	8.70	7.24	7.57	0.89	2,344.80
NIPPON INDIA CREDIT RISK FUND - DIRECT Plan - IDCW Option	Oct 22, 2014	9.04	7.29	5.75	0.69	1,020.09

Fund Holdings as on 30-September-2024

Company % Assets
9.1% Power Finance Corporation Ltd.^
3.95
Net Current Assets
3.62
8.5% Tata Projects Ltd.^
3.33
9.9% The Tata Power Company Ltd.^
3.08
Embassy Office Parks REIT
2.70
8.5% Tata Motors Ltd.^
2.67
8.12% ONGC Petro additions Ltd. (Letter of Comfort by ONGC Ltd.)^
2.66
8.35% Kalpataru Projects International Ltd^
2.65
8.5% Tata Motors Ltd.^
2.53
8.85% TVS Credit Services Ltd^
2.38
8.07% Kalpataru Projects International Ltd^
2.37
10.75% Resco Global Wind Services Pvt. Ltd. (Corporate guarantee from Gujarat Fluorochemicals Limited)^
2.00
8.29% Godrej Industries Ltd.^
2.00
9.95% Indostar Capital Finance Ltd.^
1.99
8.5% DLF Home Developers Ltd^
1.99
9.9% Vastu Finserve India Pvt. Ltd.^
1.99
9.95% Indostar Capital Finance Ltd.^
1.99
8.82% Hero Housing Finance Limited^
1.99
8.32% Kalpataru Projects International Ltd^
1.99
Bharat Highways InvIT
1.94
7.1% GOI MAT 180429
1.69
8.5% Nirma Ltd.^
1.67
8.5% JM Financial Products Ltd.^
1.66
9.74% Kogta Financial India Limited^
1.66
6.92% Godrej Industries Ltd.^
1.65
6.54% GOI MAT 170132
1.58
8% Floating Rate GOI 2034
1.34
8.4% Godrej Industries Ltd.^
1.34
8.45% Mahindra Rural Housing Finance Ltd^
1.33
8.6% ADITYA BIRLA RENEWABLES LIMITED^
1.33
8.6% Infopark Properties Limited^
1.33
9.2627% SK FINANCE LIMITED^
1.33
8.64% SMFG India Home Finance Company Ltd^
1.32
7.3% GOI MAT 190653
1.12
7.1% GOI MAT 080434
1.05
9.5221% Avanse Financial Service Ltd.^
1.00
7.99% Tata Projects Ltd.^
0.99
7.75% Nuvoco Vistas Corporation Ltd.^
0.99
9% JM FINANCIAL HOME LOANS LIMITED^
0.99
9% JM FINANCIAL HOME LOANS LIMITED^
0.99
8.2% Mahindra Rural Housing Finance Ltd^
0.93
8.29% ONGC Petro additions Ltd. (OPAL) (Put on ONGC Ltd.)^
0.87
8.4% Nirma Ltd.^
0.86
Vajra 009 (PTC backed by loan receivables originated by Veritas Finance Private Limited)^
0.80
TREPS - Tri-party Repo
0.75
9% Steel Authority Of India Ltd.^
0.73
Vajra 004 (PTC backed by loan receivables originated by Veritas Finance Private Limited)^
0.69
7.18% GOI MAT 240737
0.69
7.6% Power Finance Corporation Ltd.^
0.67
7.5% Indian Railways Finance Corp. Ltd.^
0.67
8.39% ONGC Petro additions Ltd. (OPAL) (Put on ONGC Ltd.)^
0.67
9.95% Indostar Capital Finance Ltd.^
0.66
7.32% India Grid Trust^
0.66
6.5% TATA Capital Housing Finance Ltd.^
0.65
7.05% LIC Housing Finance Ltd.^
0.64
7.26% GOI MAT 060233
0.62
7.25% GOI MAT 120663
0.55
7.9% Mahindra Rural Housing Finance Ltd^
0.55
7.64% Andhra Pradesh SDL ISD 170124 MAT 170131^
0.51
7.7% LIC Housing Finance Ltd.^
0.51
8.65% Tata Projects Ltd.^
0.40
7.2962% TMF Holdings Ltd. (Perpetual) (Perpetual)^
0.39
7.67% Chhattisgarh SDL ISD 240124 Mat 240131^
0.34
7.93% Floating Rate GOI 2033
0.34
7.46% Indian Railways Finance Corp. Ltd.^
0.34
8.05% NTPC Limited^
0.34
8.19% NTPC Limited^
0.33
9.4% TVS Credit Services Ltd^
0.33
8.37% ONGC Petro additions Ltd. (Letter of Comfort by ONGC Ltd.)^
0.33
9.92% JM Financial Products Ltd.^
0.33
9.6% GERA Development Pvt. Ltd.^
0.33
9.6% JM Financial Asset Reconstruction Co. Ltd.^
0.33
9.6% GERA Development Pvt. Ltd.^
0.33
9.6% GERA Development Pvt. Ltd.^
0.33
9.6% GERA Development Pvt. Ltd.^
0.33
9.6% GERA Development Pvt. Ltd.^
0.33
9.6% GERA Development Pvt. Ltd.^
0.33
9.6% GERA Development Pvt. Ltd.^
0.33
9.6% GERA Development Pvt. Ltd.^
0.33
Corporate Debt Market Development Fund
0.29
7.82% Power Finance Corporation Ltd.^
0.28
7.82% Power Finance Corporation Ltd.^
0.27
7.82% Power Finance Corporation Ltd.^
0.27
7.82% Power Finance Corporation Ltd.^
0.27
9.6% JM Financial Asset Reconstruction Co. Ltd.^
0.26
6.72% India Grid Trust^
0.26
POWERGRID Infrastructure Investment Trust
0.25
9.35% Arka Fincap Limited^
0.23
Vajra 006 (PTC backed by loan receivables originated by Veritas Finance Private Limited)^
0.20
9.6% JM Financial Asset Reconstruction Co. Ltd.^
0.20
7.66% RAJASTHAN SDL ISD 240124 Mat 240131^
0.19
8.97% REC Limited.^
0.14
7.23% GOI MAT 150439
0.14
7.96% REC Limited.^
0.14
8.1% NTPC Limited^
0.13
7.26% GOI MAT 220832
0.07
7.60% Tamil Nadu SDL Mat 310131^
0.07
7.17% GOI MAT 170430
0.04

Sector Holding%
Miscellaneous
78.43

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 (%)
26/09/2024
1.92
26/06/2024
1.94
27/03/2024
2.19
27/12/2023
1.68
26/09/2023
1.67
27/06/2023
2.47
28/03/2023
1.49
27/12/2022
1.89
27/09/2022
2.52
28/03/2022
1.66
28/12/2021
1.89
28/09/2021
1.65
28/06/2021
2.12
26/03/2021
1.97
29/12/2020
2.05
28/09/2020
3.59
26/06/2020
2.11
19/03/2020
1.17
27/12/2019
2.56
26/09/2019
2.34
26/06/2019
2.12
26/03/2019
2.09
27/12/2018
3.21
26/09/2018
0.94
26/06/2018
1.06
27/03/2018
6.03
26/09/2017
1.92
29/03/2017
4.72
27/09/2016
7.82
29/03/2016
2.16
29/09/2015
5.00
26/03/2015
5.17
26/09/2014
5.08

Holding Type Holding %
CARE - AA+
3.08
CARE - AA-
6.96
Cash
4.37
CRISIL - AA
23.98
CRISIL - AA(SO)
0.69
CRISIL - AA+
7.58
CRISIL - AA+(CE)
2.00
CRISIL - AA-
5.97
CRISIL - AAA
13.44
ICRA - A+
1.66
ICRA - AA
3.65
ICRA - AA(SO)
1.00
ICRA - AA-
0.79
ICRA - AAA
0.66
IND - AA
8.10
IND - AA+
0.55
REITs & InvITs
4.89
Sovereign
10.34
Unrated
0.29

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 ₹7,526.36 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 ₹0.01(0.09%)yesterday to ₹10.6738.

Among its top 3 holdings the fund has exposure to 9.1% Power Finance Corporation Ltd.^, 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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