HDFC Gilt Fund Direct Growth

HDFC Gilt Fund Direct Growth

NAV as on 31-03-2025

₹ 57.46

Inception Returns

7.8%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
88 people have invested ₹ 76L in HDFC Gilt Fund Direct Growth in the last three months

About HDFC Gilt Fund Direct Growth

HDFC Gilt Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Anil Bamboli. This fund is suitable to keep your money safe.

Key Parameters

  1. HDFC Gilt Fund Direct Growth has ₹2961 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.5.

Returns

HDFC Gilt Fund Direct Growth has given a CAGR return of 7.77% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.76%, 7.24% and 6.46% respectively.

Holdings

HDFC Gilt Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.18% Govt Stock 2033, 7.3% Govt Stock 2053, 7.34% Govt Stock 2064, 6.79% Government Of India (07/10/2034), 7.26% Govt Stock 2033

Taxation

As it is a government bond 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 Gilt Fund Direct Growth

To generate credit risk-free returns through investments in sovereign securities issued by the Central Government and / or State Government.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 Gilt Fund Direct Growth has no lock in period.

HDFC Gilt Fund Direct Growth Overview

Expense ratio0.46%
Benchmark
ICICI Securities Mibex TR INR
AUM₹2961 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
62.09%
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 (31-Mar-25)

Period
HDFC Gilt Fund Direct Growth
Government Bond Index
1M
2.2%
1.4%
3M
2.9%
2%
6M
3.9%
2.8%
1Y
9.8%
8%
3Y
7.2%
6.6%
5Y
6.5%
6%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 100%

AAA
100%

Sector Allocation

Feb'25

Jan'25

Dec'24

Government
97.7%
Cash Equivalent
2.3%
All changes are between Oct'69 and Dec'69
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 2.9K Cr
₹ 3K Cr
₹ 2.9K Cr
  • AUM of the fund stands at 2.9K Cr as of Feb'25
  • AUM decreased by 44.1 Cr between Feb'25 and Jan'25
Cash allocation has gone down from 2.9% to 2.3%
Cash allocation has gone down from 2.9% to 2.3%
Debt allocation has gone up from 97.1% to 97.7%
Debt allocation has gone up from 97.1% to 97.7%

Top Sector in February was Government

Feb'25
Government
98%
Jan'25
Government
97%
  • Debt & Cash

Holdings
Weight%
1M Change
7.18% Govt Stock 2033
7.18% Govt Stock 2033
18.04%
0%
7.3% Govt Stock 2053
7.3% Govt Stock 2053
16.23%
0%
7.34% Govt Stock 2064
7.34% Govt Stock 2064
10.12%
0%
6.79% Government Of India (07/10/2034)
6.79% Government Of India (07/10/2034)
9.04%
0%
7.26% Govt Stock 2033
7.26% Govt Stock 2033
8.35%
0%
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Anil Bamboli
Anil Bamboli
Fund Manager of HDFC Gilt Fund Direct Growth, since 1 September 2007
Fund House
HDFC Asset Management Co Ltd
Total Schemes
Total AUM
₹8.05L Cr
as on 28-Feb-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

Insights icon
In the last 1 year, Axis Gilt Fund Direct Plan Growth Option has given 10.17% return, outperforming this fund by 0.41%.
Insights icon
In the last 3 years, SBI Magnum Gilt Fund Direct Growth has given 8.3% return, outperforming this fund by 1.06% per annum.
Insights icon
In the last 5 years, ICICI Prudential Gilt Fund Direct Plan Growth has given 7.66% return, outperforming this fund by 1.2% per annum.
Insights icon
Over the last 6 months, this fund has experienced a 10.3% growth in AUM moving from 2.68K Cr to 2.96K Cr.
Insights icon
This fund has one of the lowest expense ratio in the category (government bond). Its expense ratio is 0.46% which is lower than the category average expense ratio of 0.8%.

HDFC Gilt 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 7.77% since inception which is more than its category average return of 6.86%
AUM size ₹2961 Cr

AUM size ₹2961 Cr

This fund has AUM of ₹2961 Cr which is more than its category average of ₹ 2210 Cr
Expense Ratio 0.46%

Expense Ratio 0.46%

This fund has an expense ratio of 0.46% which is less than its category average expense ratio of 0.85%

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1Y CAGR

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HDFC Nifty G-Sec Sep 2032 Index Fund Direct Growth

1Y CAGR

▲ 10.04

HDFC Nifty G-Sec July 2031 Index Fund Direct Growth

HDFC Nifty G-Sec July 2031 Index Fund Direct Growth

1Y CAGR

▲ 10.02

HDFC Long Duration Debt Fund Direct Growth

HDFC Long Duration Debt Fund Direct Growth

1Y CAGR

▲ 9.51

HDFC Dynamic Debt Plan - Direct Plan - Growth Option

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5Y CAGR

▲ 7.70

Frequently Asked Questions for HDFC Gilt Fund Direct Growth

The current NAV of HDFC Gilt Fund Direct Growth is ₹57.46 as on 31-Mar-2025.
Existing (Absolute + CAGR) as on 31-Mar-2025.
HDFC Gilt Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.19%
2.19%
6 Month Returns
3.88%
3.88%
1 Year Returns
9.76%
9.76%
3 Years Returns
23.33%
7.24%
5 Years Returns
36.77%
6.46%
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.
0.46% as on March 2025
₹2961 Cr as on March 2025
7.18% Govt Stock 2033(18.04%), 7.3% Govt Stock 2053(16.23%), 7.34% Govt Stock 2064(10.12%), 6.79% Government Of India (07/10/2034)(9.04%), 7.26% Govt Stock 2033(8.35%) as on March 2025
Yield to Maturity is 7.04 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 8.2 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 Gilt Fund Direct Growth
The Exit load of HDFC Gilt Fund Direct Growth is 0%