HDFC Banking & PSU Debt Fund Direct Growth

HDFC Banking & PSU Debt Fund Direct Growth

NAV as on 23-04-2025

₹ 23.76

0.1%

1D

Inception Returns

8.1%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
403 people have invested ₹ 15.9L in HDFC Banking & PSU Debt Fund Direct Growth in the last three months

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

  1. HDFC Banking & PSU Debt Fund Direct Growth has ₹6247 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

HDFC Banking & PSU Debt Fund Direct Growth has given a CAGR return of 8.12% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.87%, 7.51% and 7.03% respectively.

Holdings

HDFC Banking & PSU Debt Fund Direct Growth has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are 7.18% Govt Stock 2033, Indian Railway Finance Corporation Limited, HDFC Bank Limited, Small Industries Development Bank Of India, 7.26% Govt Stock 2033

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:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
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.

HDFC Banking & PSU Debt Fund Direct Growth Overview

Expense ratio0.39%
Benchmark
NIFTY Banking & PSU Debt TR INR
AUM₹6247 Cr
Inception Date26 March, 2014
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
37.72%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderate Risk

Trailing Returns

as on (23-Apr-25)

Period
HDFC Banking & PSU Debt Fund Direct Growth
Banking and PSU Index
1M
2.1%
1.6%
3M
3.4%
2.8%
6M
5.1%
4.3%
1Y
9.9%
8.6%
3Y
7.5%
6.9%
5Y
7%
6.2%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
100%

Sector Allocation

Mar'25

Feb'25

Jan'25

Dec'24

Nov'24

Oct'24

Corporate
51.2%
Government
44.6%
Cash Equivalent
4.2%
All changes are between Oct'69 and Dec'69
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 6K Cr
₹ 5.8K Cr
₹ 5.9K Cr
  • AUM of the fund stands at 6K Cr as of Mar'25
  • AUM increased by 159.1 Cr between Mar'25 and Feb'25
Top Stocks bought last month
Indian Railway Finance Corporation Limited's allocation increased from 0.09% to 4.69%
Indian Railway Finance Corporation Limited's allocation increased from 0.09% to 4.69%
HDFC Bank Limited's allocation increased from 0.43% to 2.2%
HDFC Bank Limited's allocation increased from 0.43% to 2.2%
Bajaj Housing Finance Limited's allocation increased from 0.4% to 1.72%
Bajaj Housing Finance Limited's allocation increased from 0.4% to 1.72%
Top Stocks sold last month
Small Industries Development Bank Of India's allocation decreased from 5.26 % to 3.81 %
Small Industries Development Bank Of India's allocation decreased from 5.26 % to 3.81 %
Indian Railway Finance Corporation Limited's allocation decreased from 5.26 % to 3.42 %
Indian Railway Finance Corporation Limited's allocation decreased from 5.26 % to 3.42 %
State Bank Of India's allocation decreased from 5.26 % to 2.96 %
State Bank Of India's allocation decreased from 5.26 % to 2.96 %
Cash allocation has gone up from 3.5% to 5%
Cash allocation has gone up from 3.5% to 5%
Debt allocation has gone down from 96.2% to 94.7%
Debt allocation has gone down from 96.2% to 94.7%

Top 2 Sectors in March were Corporate, Government

Mar'25
Corporate
51%
Government
45%
Feb'25
Corporate
53%
Government
43%
  • Debt & Cash

Holdings
Weight%
1M Change
7.18% Govt Stock 2033
7.18% Govt Stock 2033
4.64%
0%
Indian Railway Finance Corporation Limited
Indian Railway Finance Corporation Limited
4.39%
0%
HDFC Bank Limited
HDFC Bank Limited
3.67%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
3.59%
0%
7.26% Govt Stock 2033
7.26% Govt Stock 2033
3.46%
0%
  • Returns %

  • Fund Ratios

  • Overview

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Anil Bamboli
Anil Bamboli
Fund Manager of HDFC Banking & PSU Debt Fund Direct Growth, since 26 March 2014
Fund House
HDFC Asset Management Co Ltd
Total Schemes
Total AUM
₹7.63L Cr
as on 31-Mar-2025
Address
HDFC Asset Management Company Limited,“HUL House”, 2nd Floor,,H.T. Parekh Marg,165-166, Backbay Reclamation,,Churchgate,
Phone
+912266316333
Website
cliser@hdfcfund.com

Mutual Fund Insights

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In the last 5 years, UTI Banking & PSU Fund Direct Plan Growth has given 7.49% return, outperforming this fund by 0.46% per annum.
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In the last 1 year, DSP Banking & PSU Debt Fund Direct Growth has given 10.5% return, outperforming this fund by 0.63%.
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In the last 3 years, UTI Banking & PSU Fund Direct Plan Growth has given 9.48% return, outperforming this fund by 1.97% per annum.
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This fund has one of the lowest expense ratio in the category (banking & psu). Its expense ratio is 0.39% which is lower than the category average expense ratio of 0.55%.
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Over the last 1 month, this fund has experienced a 7.0% growth in AUM moving from 5.83K Cr to 6.24K Cr.

HDFC Banking & PSU Debt Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 8.12% since inception which is more than its category average return of 6.21%
AUM size ₹6247 Cr

AUM size ₹6247 Cr

This fund has AUM of ₹6247 Cr which is more than its category average of ₹ 4102 Cr
Expense Ratio 0.39%

Expense Ratio 0.39%

This fund has an expense ratio of 0.39% which is less than its category average expense ratio of 0.51%

Frequently Asked Questions for HDFC Banking & PSU Debt Fund Direct Growth

The current NAV of HDFC Banking & PSU Debt Fund Direct Growth is ₹23.76 as on 23-Apr-2025.
Existing (Absolute + CAGR) as on 23-Apr-2025.
HDFC Banking & PSU Debt Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.13%
2.13%
6 Month Returns
5.12%
5.12%
1 Year Returns
9.87%
9.87%
3 Years Returns
24.26%
7.51%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
0.39% as on March 2025
₹6247 Cr as on March 2025
7.18% Govt Stock 2033(4.64%), Indian Railway Finance Corporation Limited(4.39%), HDFC Bank Limited(3.67%), Small Industries Development Bank Of India(3.59%), 7.26% Govt Stock 2033(3.46%) as on March 2025
Government(45.56%), Corporate(41.55%), Cash Equivalent(12.89%) as on March 2025
Yield to Maturity is 7.25 as on March 2025. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 3.86 as on March 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Anil Bamboli is the fund manager of HDFC Banking & PSU Debt Fund Direct Growth
The Exit load of HDFC Banking & PSU Debt Fund Direct Growth is 0%