Debt
Direct
Credit Risk
NAV as on 05-09-2024
₹ 24.26
Inception Returns
8.8%
/yr
HDFC Credit Risk Debt Fund Direct Growth is a debt fund. This fund was started on 25 March, 2014. The fund is managed by Shobhit Mehrotra. This fund is suitable to keep your money safe.
HDFC Credit Risk Debt Fund Direct Growth has given a CAGR return of 8.84% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.59%, 6.54% and 7.99% respectively.
HDFC Credit Risk Debt Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Government, Cash Equivalent, Securitize. Its top holdings are Power Finance Corporation Limited, Tata Projects Limited, The Tata Power Company Limited, Embassy Office Parks Reit, Resco Global Wind Services Private Limited
As it is a credit risk 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 by investing predominantly in AA and below rated corporate debt. 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 Credit Risk Debt Fund Direct Growth has no lock in period.
Expense ratio | 0.96% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
AUM | ₹7716 Cr |
Inception Date | 25 March, 2014 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 28.47% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
Risk | Moderately High risk |
as on (05-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Financial Services, Corporate & Government
HDFC Credit Risk Debt Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.94% | 0.94% |
6 Month Returns | 4.44% | 4.44% |
1 Year Returns | 8.59% | 8.59% |
3 Years Returns | 20.94% | 6.54% |
5 Years Returns | 46.83% | 7.99% |
AA | 66.8 |
AAA | 31.42 |
A | 1.78 |