HDFC Banking & PSU Debt Fund Direct Growth
Debt
Direct
Banking & Psu
NAV as on 21-11-2024
₹ 22.71
Inception Returns
8%
/yr
About HDFC Banking & PSU Debt Fund Direct Growth
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.
Key Parameters
- HDFC Banking & PSU Debt Fund Direct Growth has ₹5809 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.4.
Returns
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 8.38%, 6.26% and 6.85% respectively.
Holdings
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 Corporation Limited, Small Industries Development Bank Of India, 7.26% Govt Stock 2033, Indian Railway Finance Corporation Limited
Taxation
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.
Investment objective of HDFC Banking & PSU Debt Fund Direct Growth
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 and lockin period
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.
Historical NAV & Returns
HDFC Banking & PSU Debt Fund Direct Growth Overview
| Expense ratio | 0.39% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
| AUM | ₹5809 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 slab rates without indexation. |
| Risk |   Moderate Risk |
Trailing Returns
as on (21-Nov-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 5.8K Cr as of Oct'24
- AUM increased by 61.2 Cr between Oct'24 and Sep'24
Top 2 Sectors in October were Corporate, Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.18% Govt Stock 2033 | 5.18% | 0% | |
Indian Railway Finance Corporation Limited | 4.78% | 0% | |
Small Industries Development Bank Of India | 3.87% | 0% | |
7.26% Govt Stock 2033 | 3.79% | 0% | |
Indian Railway Finance Corporation Limited | 3.49% | 0% |
Mutual Fund Insights
HDFC Banking & PSU Debt Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹5809 Cr
Expense Ratio 0.39%
Frequently Asked Questions for HDFC Banking & PSU Debt Fund Direct Growth
HDFC Banking & PSU Debt Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.51% | 0.51% |
6 Month Returns | 4.34% | 4.34% |
1 Year Returns | 8.38% | 8.38% |
3 Years Returns | 19.97% | 6.26% |
5 Years Returns | 39.26% | 6.85% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 97.96 |
AA | 2.04 |