Debt
Direct
Banking & Psu
NAV as on 06-09-2024
₹ 22.35
Inception Returns
8%
/yr
HDFC Banking & PSU Debt Fund Direct Growth is a debt fund. This fund was started on 26 March, 2014. The fund is managed by Anil Bamboli. This fund is suitable to keep your money safe.
HDFC Banking & PSU Debt Fund Direct Growth has given a CAGR return of 8.00% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.95%, 5.94% and 6.94% respectively.
HDFC Banking & PSU Debt Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 7.18% Govt Stock 2033, Indian Railway Finance Corp Ltd., Small Industries Development Bank Of India, 7.26% Govt Stock 2033, Indian Railway Finance Corporation Limited
As it is a banking & psu mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:For short term (less than 3 years) capital gains will be taxed at your income slab rate.For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.Dividends will always be taxed at slab rate.
To generate income / capital appreciation through investments in debt and money market instruments consisting predominantly of securities issued by entities such as Scheduled Commercial Banks (SCBs), Public Sector undertakings (PSUs), Public Financial Institutions (PFIs), Municipal Corporations and such other bodies. There is no assurance that the investment objective of the Scheme will be realized.
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. HDFC Banking & PSU Debt Fund Direct Growth has no lock in period.
Expense ratio | 0.39% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
AUM | ₹5939 Cr |
Inception Date | 26 March, 2014 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 37.72% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
Risk | Moderate Risk |
as on (06-Sep-24)
as on (31-Dec-69)
Top 2 Sectors in July were Corporate, Government
HDFC Banking & PSU Debt Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.64% | 0.64% |
6 Month Returns | 4.1% | 4.1% |
1 Year Returns | 7.95% | 7.95% |
3 Years Returns | 18.91% | 5.94% |
5 Years Returns | 39.84% | 6.94% |
AAA | 100 |