HDFC Low Duration Direct Plan Monthly Reinvestment of Income Distribution cum Capital Wdrl Opt

Debt
Direct
Low Duration
HDFC Low Duration Direct Plan Monthly Reinvestment of Income Distribution cum Capital Wdrl Opt

About the Fund

HDFC Low Duration Direct Plan Monthly Reinvestment of Income Distribution cum Capital Wdrl Opt is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Anupam Joshi. This fund is suitable to keep your money safe.

Key Parameters

  1. HDFC Low Duration Direct Plan Monthly Reinvestment of Income Distribution cum Capital Wdrl Opt has ₹18702 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 Low Duration Direct Plan Monthly Reinvestment of Income Distribution cum Capital Wdrl Opt has given a CAGR return of 6.27% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.85%, 6.01% and 6.24% respectively.

Holdings

HDFC Low Duration Direct Plan Monthly Reinvestment of Income Distribution cum Capital Wdrl Opt has allocated its funds majorly in Financial Services, Corporate, Government, Cash Equivalent. Its top holdings are 8.34% Govt Stock 2033, Punjab National Bank, Power Finance Corporation Limited, Titan Company Limited, 7.72% Govt Stock 2028

Taxation

As it is a low duration 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 Low Duration Direct Plan Monthly Reinvestment of Income Distribution cum Capital Wdrl Opt

To generate income / capital appreciation through investment in debt securities and money market instruments. 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 Low Duration Direct Plan Monthly Reinvestment of Income Distribution cum Capital Wdrl Opt has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.45%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹18702 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/--
Exit Load0%
Lock InNo Lock-in
TurnOver
80.07%
Risk
Risk meter
pointer
Low to Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.4%

AAA
87.6%

AA
12.4%

Sector Allocation

May'24

Apr'24

Mar'24

Corporate
67.4%
Government
25.3%
Cash Equivalent
7.3%
All changes are between Oct'69 and Dec'69

as on (30-Jun-24)

  • Debt & Cash

Holdings
Weight%
1M Change
8.34% Govt Stock 2033
8.34% Govt Stock 2033
6.97%
0%
Punjab National Bank
Punjab National Bank
4.57%
0%
Power Finance Corporation Limited
Power Finance Corporation Limited
3.19%
4.4%
Titan Company Limited
Titan Company Limited
2.81%
0%
7.72% Govt Stock 2028
7.72% Govt Stock 2028
2.68%
0%

Anupam Joshi
Anupam Joshi
Fund Manager of HDFC Low Duration Direct Plan Monthly Reinvestment of Income Distribution cum Capital Wdrl Opt, since 27 October 2015

HDFC Low Duration Direct Plan Monthly Reinvestment of Income Distribution cum Capital Wdrl Opt Highlights

Risk meter
pointer

Low to Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 6.27% since inception which is more than its category average return of 4.99%
AUM size ₹18702 Cr

AUM size ₹18702 Cr

This fund has AUM of ₹18702 Cr which is more than its category average of ₹ 3863 Cr
Expense Ratio 0.45%

Expense Ratio 0.45%

This fund has an expense ratio of 0.45% which is less than its category average expense ratio of 0.63%

Frequently Asked Questions

The current NAV of HDFC Low Duration Direct Plan Monthly Reinvestment of Income Distribution cum Capital Wdrl Opt is ₹10.19 as on 12-Jul-2024.
Existing (Absolute + CAGR) as on 12-Jul-2024.
HDFC Low Duration Direct Plan Monthly Reinvestment of Income Distribution cum Capital Wdrl Opt
Absolute Returns
CAGR Returns
1 Month Returns
0.71%
0.71%
6 Month Returns
4.02%
4.02%
1 Year Returns
7.85%
7.85%
3 Years Returns
19.12%
6.01%
5 Years Returns
35.32%
6.24%
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.
0.45% as on June 2024
₹18702 Cr as on June 2024
8.34% Govt Stock 2033(6.97%), Punjab National Bank(4.57%), Power Finance Corporation Limited(3.19%), Titan Company Limited(2.81%), 7.72% Govt Stock 2028(2.68%) as on June 2024
Corporate(66.49%), Government(22.65%), Cash Equivalent(10.86%) as on June 2024
Yield to Maturity is 7.94 as on June 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 0.91 as on June 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
87.59
AA
12.41
Anupam Joshi is the fund manager of HDFC Low Duration Direct Plan Monthly Reinvestment of Income Distribution cum Capital Wdrl Opt
The Exit load of HDFC Low Duration Direct Plan Monthly Reinvestment of Income Distribution cum Capital Wdrl Opt is 0%