HDFC Gilt Fund Direct Plan Reinvestment of Income Distribution cum Capital Withdrawal option

Debt
Direct
Government Bond
HDFC Gilt Fund Direct Plan Reinvestment of Income Distribution cum Capital Withdrawal option

About the Fund

HDFC Gilt Fund Direct Plan Reinvestment of Income Distribution cum Capital Withdrawal option 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 Plan Reinvestment of Income Distribution cum Capital Withdrawal option has ₹2418 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 Plan Reinvestment of Income Distribution cum Capital Withdrawal option has given a CAGR return of 6.07% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 3.92%, 4.24% and 5.24% respectively.

Holdings

HDFC Gilt Fund Direct Plan Reinvestment of Income Distribution cum Capital Withdrawal option has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.18% Govt Stock 2033, 7.3% Govt Stock 2053, 7.18% Govt Stock 2037, 7.26% Govt Stock 2033, 7.17% Govt Stock 2030

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:
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 Gilt Fund Direct Plan Reinvestment of Income Distribution cum Capital Withdrawal option

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 0.00. HDFC Gilt Fund Direct Plan Reinvestment of Income Distribution cum Capital Withdrawal option has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.46%
Benchmark
ICICI Securities Mibex TR INR
AUM₹2418 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/--
Exit Load0%
Lock InNo Lock-in
TurnOver
20.07%
Risk
Risk meter
pointer
Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 100%

AAA
100%

Sector Allocation

May'24

Apr'24

Mar'24

Government
96.8%
Cash Equivalent
3.2%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
7.18% Govt Stock 2033
7.18% Govt Stock 2033
23.37%
0%
7.3% Govt Stock 2053
7.3% Govt Stock 2053
14.97%
1.4%
7.18% Govt Stock 2037
7.18% Govt Stock 2037
11.27%
0%
7.26% Govt Stock 2033
7.26% Govt Stock 2033
10.05%
0%
7.17% Govt Stock 2030
7.17% Govt Stock 2030
7.48%
0%

Anil Bamboli
Anil Bamboli
Fund Manager of HDFC Gilt Fund Direct Plan Reinvestment of Income Distribution cum Capital Withdrawal option, since 1 September 2007

HDFC Gilt Fund Direct Plan Reinvestment of Income Distribution cum Capital Withdrawal option 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 6.07% since inception which is less than its category average return of 6.81%
AUM size ₹2418 Cr

AUM size ₹2418 Cr

This fund has AUM of ₹2418 Cr which is more than its category average of ₹ 1488 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 0.88%

Frequently Asked Questions

The current NAV of HDFC Gilt Fund Direct Plan Reinvestment of Income Distribution cum Capital Withdrawal option is ₹12.83 as on 19-Jun-2024.
Existing (Absolute + CAGR) as on 19-Jun-2024.
HDFC Gilt Fund Direct Plan Reinvestment of Income Distribution cum Capital Withdrawal option
Absolute Returns
CAGR Returns
1 Month Returns
1.11%
1.11%
6 Month Returns
1.6%
1.6%
1 Year Returns
3.92%
3.92%
3 Years Returns
13.28%
4.24%
5 Years Returns
29.09%
5.24%
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 May 2024
₹2418 Cr as on May 2024
7.18% Govt Stock 2033(23.37%), 7.3% Govt Stock 2053(14.97%), 7.18% Govt Stock 2037(11.27%), 7.26% Govt Stock 2033(10.05%), 7.17% Govt Stock 2030(7.48%) as on May 2024
Yield to Maturity is 7.23 as on May 2024. 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 7.19 as on May 2024. 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 Plan Reinvestment of Income Distribution cum Capital Withdrawal option
The Exit load of HDFC Gilt Fund Direct Plan Reinvestment of Income Distribution cum Capital Withdrawal option is 0%