HDFC Banking & PSU Debt Fund Direct Plan Growth Option
Debt
Direct
Banking & Psu
NAV: ₹ 21.76 as on 16-05-2024
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. This fund is suitable to keep your money safe.
Key Parameters
- HDFC Banking & PSU Debt Fund Direct Plan Growth Option has ₹6205 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.4.
Fund Performance
501 people have invested ₹ 25.8L in HDFC Banking & PSU Debt Fund Direct Plan Growth Option in the last three months
Overview
 | 0.39% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹6205 Cr |
 | 26 March, 2014 |
 | ₹100/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 50.09% |
HDFC Banking & PSU Debt Fund Direct Plan Growth Option Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Corporate
49.6%
Government
48%
Cash Equivalent
2.5%
Top Holdings of HDFC Banking & PSU Debt Fund Direct Plan Growth Option as on (30-Apr-24)
Debt Holdings81
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.18% Govt Stock 2033 | 4.67% | 0% | |
Indian Railway Finance Corp Ltd. | 4.41% | 0% | |
HDFC Bank Limited | 3.7% | 0% | |
Small Industries Development Bank Of India | 3.61% | 0% | |
7.26% Govt Stock 2033 | 3.47% | 0% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 6.2K Cr as of Apr'24
- AUM decreased by 10.9 Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
In the last 3 years, UTI Banking & PSU Fund Direct Plan Growth has given 7.46% return, outperforming this fund by 1.82% per annum.
Over the last 6 months, this fund has experienced a 3.5% drop in AUM moving from 6.42K Cr to 6.20K Cr.
In the last 5 years, UTI Banking & PSU Fund Direct Plan Growth has given 7.48% return, outperforming this fund by 0.23% per annum.
In the last 1 year, ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth has given 7.56% return, outperforming this fund by 0.4%.
This fund has one of the lowest expense ratio in the category (banking & psu). Its expense ratio is 0.39% which is lower than the category average expense ratio of 0.55%.
Peer Analysis
Fund Manager
Anil Bamboli
Fund Manager of HDFC Banking & PSU Debt Fund Direct Plan Growth Option, since 26 March 2014
Top funds managed
HDFC Banking & PSU Debt Fund Direct Plan Growth Option 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 7.96% since inception which is more than its category average return of 5.48%
AUM size ₹6205 Cr
This fund has AUM of ₹6205 Cr which is more than its category average of ₹ 3677 Cr
Expense Ratio 0.39%
This fund has an expense ratio of 0.39% which is less than its category average expense ratio of 0.49%
Frequently Asked Questions
The current NAV of HDFC Banking & PSU Debt Fund Direct Plan Growth Option is ₹21.76 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
HDFC Banking & PSU Debt Fund Direct Plan Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | 0.66% | 0.66% |
6 Month Returns | 3.91% | 3.91% |
1 Year Returns | 7.16% | 7.16% |
3 Years Returns | 17.89% | 5.64% |
5 Years Returns | 41.95% | 7.26% |
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 2024
₹6205 Cr as on April 2024
7.18% Govt Stock 2033(4.67%), Indian Railway Finance Corp Ltd.(4.41%), HDFC Bank Limited(3.7%), Small Industries Development Bank Of India(3.61%), 7.26% Govt Stock 2033(3.47%) as on April 2024
Corporate(49.56%), Government(47.97%), Cash Equivalent(2.47%) as on April 2024
Yield to Maturity is 7.57 as on April 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 2.91 as on April 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 Banking & PSU Debt Fund Direct Plan Growth Option
The Exit load of HDFC Banking & PSU Debt Fund Direct Plan Growth Option is 0%