HDFC Banking & PSU Debt Fund Direct Plan Growth Option
Debt
Direct
Banking & Psu
NAV: ₹ 20.4 as on 29-05-2023
Fund Performance
190 people have invested ₹ 22.2L in HDFC Banking & PSU Debt Fund Direct Plan Growth Option in the last three months
Fund Insights
In the last 1 year, UTI Banking & PSU Debt Fund Direct Plan Growth has given 7.54% return, outperforming HDFC Banking & PSU Debt Fund Direct Plan Growth Option by 0.69%
In the last 3 years, UTI Banking & PSU Debt Fund Direct Plan Growth has given 7.06% return, outperforming HDFC Banking & PSU Debt Fund Direct Plan Growth Option by 1.2% per annum
In the last 5 years, Bandhan Banking & PSU Debt Fund Direct Growth has given 7.92% return, outperforming HDFC Banking & PSU Debt Fund Direct Plan Growth Option by 0.3% per annum
Over the last 1 year, HDFC Banking & PSU Debt Fund Direct Plan Growth Option has increased expense ratio by 8.3% moving from 0.36 to 0.39
HDFC Banking & PSU Debt Fund Direct Plan Growth Option expense ratio is slightly on the lower side within the category (banking & psu). Its expense ratio is 0.39% which is lower than the category average expense ratio of 0.54%
About the Fund
HDFC Banking & PSU Debt Fund Direct Plan Growth Option is a debt fund. This fund was started on 26 March, 2014. The fund is managed by Anil Bamboli, Priya Ranjan. This fund is suitable to keep your money safe.
Key parameters
1) HDFC Banking & PSU Debt Fund Direct Plan Growth Option has a NAV of ₹20.3558 as on 29-05-2023.
2) HDFC Banking & PSU Debt Fund Direct Plan Growth Option has ₹5829 Cr worth of assets under management (AUM) as on 31-03-2023 and is more than category average.
3) The fund has an expense ratio 0.39 %.
HDFC Banking & PSU Debt Fund Direct Plan Growth Option Overview
 | 0.39% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹5829 Cr |
 | 26 March, 2014 |
 | ₹100/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 18.1% |
Fund Distribution as on (30-Apr-23)
Credit rating breakup
AAA
99.4%
AA
0.6%
Sector Allocation
Government
48.3%
Corporate
45.4%
Cash Equivalent
6.3%
Top Holdings of HDFC Banking & PSU Debt Fund Direct Plan Growth Option as on (30-Apr-23)
Debt Holdings73
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.01 10/4/2028 12:00:00 Am | 5.71% | 0% | |
7.1 4/18/2029 12:00:00 Am | 3.99% | 0% | |
Small Industries Development Bank Of India | 3.62% | 0% | |
Power Finance Corporation Ltd. | 3.61% | 0% | |
Rural Electrification Corporation Limited | 3.09% | 0% |
See all
HDFC Banking & PSU Debt Fund Direct Plan Growth Option: Monthly Changes Updates
All changes are between Feb'23 and Apr'23
Fund Performance
- This fund’s returns stands at 0.34% whereas the fund’s underlying benchmark Banking and PSU Index returns stands at 0.21% as on Apr'23
- This fund outperformed Banking and PSU Index by 0.13% in Apr'23
AUM Change
- AUM of the fund stands at 5.8K Cr as of Apr'23
- AUM increased by 240.8 Cr between Apr'23 and Mar'23
Fund Portfolio Changes
Peer Analysis
HDFC Banking & PSU Debt Fund Direct Plan Growth Option Fund Manager
Anil Bamboli
Fund Manager of HDFC Banking & PSU Debt Fund Direct Plan Growth Option, since 26 March 2014
Top funds managed
Priya Ranjan
Fund Manager of HDFC Banking & PSU Debt Fund Direct Plan Growth Option, since 1 May 2022
Top funds managed
Fund Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 8.05% since inception which is more than its category average return of 5.53%
AUM size ₹5829 Cr
This fund has AUM of ₹5829 Cr which is more than its category average of ₹ 3840 Cr
Expense Ratio 0.39%
This fund has an expense ratio of 0.39% which is less than its category average expense ratio of 0.48%
Frequently Asked Questions
The current NAV of HDFC Banking & PSU Debt Fund Direct Plan Growth Option is ₹20.36 as on 29-May-2023.
Existing (Absolute + CAGR) as on 29-May-2023.
HDFC Banking & PSU Debt Fund Direct Plan Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | 0.71% | 0.71% |
6 Month Returns | 3.89% | 3.89% |
1 Year Returns | 6.84% | 6.84% |
3 Years Returns | 18.64% | 5.86% |
5 Years Returns | 44.4% | 7.62% |
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 April 2023
₹5829 Cr as on April 2023
7.01 10/4/2028 12:00:00 Am(5.71%), 7.1 4/18/2029 12:00:00 Am(3.99%), Small Industries Development Bank Of India(3.62%), Power Finance Corporation Ltd.(3.61%), Rural Electrification Corporation Limited(3.09%) as on April 2023
Government(50.06%), Corporate(45.02%), Cash Equivalent(4.92%) as on April 2023
Yield to Maturity is 7.54 as on April 2023. 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 2.21 as on April 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 99.39 |
AA | 0.61 |
Anil Bamboli, Priya Ranjan are the fund managers of HDFC Banking & PSU Debt Fund Direct Plan Growth Option
The Exit load of HDFC Banking & PSU Debt Fund Direct Plan Growth Option is 0%