April 2019
Stocks mentioned in the image are illustrative large cap companies from the Large Cap universe specified by SEBI and compiled by AMFI as on December 31st, 2018. The same are not recommended by HDFC Mutual Fund/HDFC Asset Management Company Ltd. HDFC Top 100 Fund (“the scheme”) may or may not have any present or future position in these stocks. For the complete scheme portfolio, please visit www.hdfcfund.com
2 April 2019
Fund ManagerAn employee of the asset management company such as a mutual fund or life insurer, who manages investments of the scheme. He is usually part of a larger team of fund managers and research analysts.
Application Amount for Fresh SubscriptionThis is the minimum investment amount for a new investor in a mutual fund scheme.
Minimum Additional AmountThis is the minimum investment amount for an existing investor in a mutual fund scheme.
Yield to MaturityThe Yield to Maturity or the YTM is the rate of return anticipated on a bond if held until maturity. YTM is expressed as an annual rate. The YTM factors in the bond’s current market price, par value, coupon interest rate and time to maturity.
SIPSIP or systematic investment plan works on the principle of making periodic investments of a fixed sum. It works similar to a recurring bank deposit. For instance, an investor may opt for an SIP that invests Rs 500 every 15th of the month in an equity fund for a period of three years.
NAVThe NAV or the net asset value is the total asset value per unit of the mutual fund after deducting all related and permissible expenses. The NAV is calculated at the end of every business day. It is the value at which the investor enters or exits the mutual fund.
BenchmarkA group of securities, usually a market index, whose performance is used as a standard or benchmark to measure investment performance of mutual funds, among other investments. Some typical benchmarks include the NIFTY, SeNSex, BSe200, BSe500, 10-Year Gsec.
Entry LoadA mutual fund may have a sales charge or load at the time of entry and/or exit to compensate the distributor/agent. entry load is charged at the time an investor purchases the units of a mutual fund.
The entry load is added to the prevailing NAV at the time of investment. For instance, if the NAV is Rs. 100 and the entry load is 1 %, the investor will enter the fund at Rs. 101. (Note: SeBI, vide circular dated June 30, 2009 has abolished entry load and mandated that the upfront commission to distributors will be paid by the investor directly to the distributor, based on his assessment of various factors including the service rendered by the distributor).
Exit Loadexit load is charged at the time an investor redeems the units of a mutual fund. The exit load is reduced from the prevailing NAV at the time of redemption. The investor will receive redemption proceed at net value of NAV less Exit Load. For instance if the NAV is Rs. 100 and the exit load is 1%, the investor will receive Rs. 99.
Modified DurationModified duration is the price sensitivity and the percentage change in price for a unit change in yield.
Standard Deviation
Standard deviation is a statistical measure of the range of an investment’s performance. When a mutual fund has a high standard deviation, its means its range of performance is wide, implying greater volatility.
Sharpe Ratio
The Sharpe Ratio, named after its founder, the Nobel Laureate William Sharpe, is a measure of risk-adjusted returns. It is calculated using standard deviation and excess return to determine reward per unit of risk.
Beta Ratio (Portfolio Beta)
Beta is a measure of an investment’s volatility vis-a-vis the market. Beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 implies that the security’s price will be more volatile than the market.
Average portfolio PE (Average P/E)
It is price to earnings ratio of the stocks calculated for the entire portfolio on a weighted average basis.
Average portfolio price to book ratio (Average P/BV)
It is price to book value of the stocks calculated for the entire portfolio on a weighted average basis.
Average portfolio dividend yield (Average Dividend Yield)
It is dividend yield of the stocks calculated for the entire portfolio on a weighted average basis.
Net Equity
Net equity level is the net equity exposure percentage adjusted for any derivative positions in stocks or index for hedging or rebalancing purpose.
R Squared
It is a statistical measure of how closely the portfolio returns are correlated with its benchmark.
AUM
AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm.
Holdings
The holdings or the portfolio is a mutual fund’s latest or updated reported statement of investments/securities. These are usually displayed in terms of percentage to net assets or the rupee value or both. The objective is to give investors an idea of where their money is being invested by the fund manager.
Nature of Scheme
The investment objective and underlying investments determine the nature of the mutual fund scheme. For instance, a mutual fund that aims at generating capital appreciation by investing in stock markets is an equity fund or growth fund. Likewise, a mutual fund that aims at capital preservation by investing in debt markets is a debt fund or income fund. each of these categories may have sub-categories.
Rating Profile
Mutual funds invest in securities after evaluating their creditworthiness as disclosed by the ratings. A depiction of the mutual fund in various investments based on their ratings becomes the rating profile of the fund. Typically, this is a feature of debt funds.
HOW TO READ FACTSHEET
Sharpe RatioSharpe Ratio is a risk to reward ratio, it measures portfolio returns generated in excess to the investment in risk-free asset, for per unit of total risk taken. While, positive Sharpe ratio indicates, portfolio compensating investors with excess returns (over risk-free rate) for the commensurate risk taken; negative Sharpe ratio indicates, investors are better off investing in risk-free assets.
BetaBeta (ß) of a portfolio is a number indicating the relation between portfolio returns with that of the market index i.e. it measure the volatility, or systematic risk, of a portfolio in comparison to the market as a whole.
Modified DurationA formula that expresses the measurable change in the value of a security in response to a change in interest rates. Modified duration of portfolio can be used to anticipate the change in market value of portfolio for every change in portfolio yield.
Standard DeviationA statistical measure that defines expected volatility/risk associated with a portfolio. This explains the variation/deviation from the average returns delivered by the portfolio. A higher standard deviation means higher volatility (risk) and a lower standard deviation means lower volatility.
Risk Free ReturnThe theoretical rate of return of an investment with safest (zero risk) investment in a country.
Total Expense RatioTotal expenses charged to scheme for the month expressed as a percentage to average monthly net assets.
Tracking ErrorTracking error indicates how closely the portfolio return is tracking the benchmark Index return. It measures the deviation between portfolio return and benchmark index return. A lower tracking error indicates portfolio closely tracking benchmark index and higher tracking error indicates portfolio returns with higher deviation from benchmark index returns.
Average MaturityWeighted average maturity of the securities in scheme.
Portfolio Yield (Yield To Maturity)Weighted average yield of the securities in scheme portfolio.
Portfolio Turnover RatioPortfolio Turnover Ratio is the percentage of a fund’s holdings that have changed in a given year. This ratio measures the fund’s trading activity, which is computed by taking the lesser of purchases or sales and dividing by average monthly net assets.
Macaulay Duration (Duration)Macaulay Duration (Duration) measures the price volatility of fixed income securities. It is often used in the comparison of interest rate risk between securities with different coupons and different maturities. It is defined as the weighted average time to cash flows of a bond where the weights are nothing but the present value of the cash flows themselves. It is expressed in years. The duration of a fixed income security is always shorter than its term to maturity, except in the case of zero coupon securities where they are the same.
GLOSSARY
April 2019 3
Equity Market Update
In April 2019, Indian equity markets performance was mixed with S&P BSE SENSEX / NIFTY 50 rising by nearly 1% amidst robust FII flows, election results uncertainty, rising oil prices and dovish commentary by most major central banks. S&P BSE SENSEX / NIFTY 50 outperformed Midcaps / Smallcaps indices during the month as midcaps and smallcaps continued to correct. IT was best performing sector while Power, Capital goods, and banks underperformed.
Performance of global equity markets was good with major indices in US, Europe and major Asian markets delivering positive returns on m-o-m basis. However, this should be viewed in context of their underperformance in FY19.
The table below gives the details of performance of key domestic and global indices.
% Change in Indices FY 2019 1MS&P BSE India Auto (21.7) 0.1S&P BSE India Bankex 25.5 (2.4)S&P BSE India Capital Goods (0.0) (2.4)S&P BSE India FMCG 14.1 0.2S&P BSE India Healthcare 9.5 (0.3)S&P BSE India Metal (14.8) 1.4S&P BSE India Power (4.3) (3.2)S&P BSE India Oil & Gas 4.5 0.6S&P BSE India IT 26.3 6.4S&P BSE SENSEX 17.3 0.9NIFTY 50 14.9 1.1NIFTY Midcap 100 (2.7) (3.8)NIFTY Smallcap (14.4) (3.1)
% Change in Indices FY 2019 1M
S&P 500 7.3 3.9FTSE 3.2 1.9DAX (4.7) 7.1CAC 3.5 4.4Nikkei (1.2) 5.0Hang Seng (3.5) 2.2KOSPI (12.5) 2.9Shanghai (2.5) (0.4)MSCI Emerging Market Index (9.6) 2.0
With the sharp underperformance of midcaps and smallcaps over the past 12-15 months, valuations in this space have corrected significantly.
Absolute Returns %As on April 30, 2019 1 year 3 years 5 yearsNIFTY 50 (A) 9.4% 49.7% 75.4%NIFTY Midcap (B) -13.4% 33.1% 100.0%Outperformance vs NIFTY 50 (B – A) -22.8% -16.5% 24.5%NIFTY Smallcap (C) -22.9% 24.3% 64.4%Outperformance vs NIFTY 50 (C – A) -32.3% -25.3% -11.0%
During the month, Brent crude prices rose sharply by ~6.4% and closed at USD 72.8 per barrel. This was primarily driven by US announcing end of waiver of sanctions against Iran and production cuts by OPEC and Russia.
Most major commodities prices fell on m-o-m basis. This was partly due to moderately weak manufacturing PMI data from China and delay in striking the trade deal between US and China.
% Change FY 2018 FY 2019Brent Crude 33.0 (2.7)Gold 6.1 (2.5)Steel 11.5 1.2Zinc 19.7 (10.0)Copper 14.3 (3.0)Aluminium 1.8 (4.7)Lead 4.4 (16.1)
INR ended the month at 69.6 vs USD, down ~0.6%, despite robust FII equity flows, on back of rise in crude prices.
FPI continues to remain net buyers for three months in a row and bought equity worth USD 3.1 billion in April 2019. Total FPI’s Equity inflows in CY19YTD till April have been close to USD 9.8 billion. Equity oriented mutual funds flows improved m-o-m, after falling for last two months. Net inflows in domestic equity oriented mutual funds in March 2019 and CYTD19 were near Rs 86 billion and ~Rs 178 billion respectively.
Out of the Q4FY19 results declared so far, results of IT, Metals and Corporate banks were better or in line with expectations. Earnings for Consumer staples, Telecom and Auto sector were below expectations.
NIFTY 50 is trading near 15.7x CY19 (e) and 13.4x CY20 (e). These are reasonable multiples especially in view of improving profit growth outlook. Markets thus hold promise over the medium to long term in our opinion. Adverse global events, rise in crude oil prices, sharp moderation in equity oriented mutual funds flows, delays in NPA resolution under NCLT and election outcome that is not to markets liking are key risks in the near term.
Outlook
In view of the above and expected recovery in earnings, there is merit in increasing allocation to equities in a phased manner or in staying invested as the case may be (for those with a medium to long term view and in line with individual risk appetite).
Market Review
Source for various data points: Bloomberg, Bloomberg Consensus, NSDL, CMIE, RBI
Debt Market Update
The yield on 10-year benchmark Gsec (7.26 GoI 2029) ended the month of April at 7.41%, up by 6 bps over the previous month end. The table below gives a summary view of movement of key rates & liquidity.
FY18 FY19 Change (%)10Yr G-Sec Yield (%, 7.17 GoI 2028) 7.40 7.49 0.09AAA 10Year Corporate Bond Yields (%) 8.14 8.35 0.21AAA 10Y corporate bond spread against 7.17 GS 2028 Yield# (%) 0.61 0.73 0.12Average liquidity absorbed / (infused) by RBI* (INR bn) (approx.) 1,450 (325)Average MIBOR Overnight Rate (%) 6.09 6.37 0.28
*Average daily liquidity infused / absorbed through Liquidity Adjustment Facility, exports refinance marginal standing facility and term repos/reverse repos# annualised yields.
To support liquidity, RBI did another USD / INR Buy / Sell swap of USD 5 billion in April (after doing USD 5 billion in March 2019) and also announced plans to conduct purchases under open market operations of INR 250 billion in May 2019. The overnight rate ended the month at 6.2%, a fall of 260 bps from a month ago, but this is common phenomena in April as rates generally rise in March (due to high liquidity demand) and normalize in April.
Net FII debt flows were negative with outflows of USD 0.7 billion during the month as against inflows of USD 1.7 billion in March 2019. In first four months of CY19, aggregate net FII debt flows were close to Nil as against outflows of USD 1.6 billion in the corresponding period a year ago. INR ended the month at 69.6, a m-o-m depreciation of 0.6% against USD primarily due to rise in oil prices, which was partially offset by positive equity FII flows.
The annual rate of retail inflation, CPI increased to 2.86%, up ~30 bps m-o-m led by sequential rise in food (mainly vegetables, fruits and pulses) and fuel prices. Core CPI (CPI excluding food, fuel, transportation & housing), though moderated on m-o-m basis, remained at elevated level at 5.7% (down from 6.1% a month ago) mainly on account of high services inflation, especially rural health and education.
For the month (%) Feb-19 Mar-19 Change in %CPI 2.6 2.9 0.3Food & beverages -0.1 0.7 0.7Fuel and Light 1.2 2.4 1.2Housing 5.1 4.9 -0.2Core CPI 6.1 5.7 -0.4
India’s trade deficit for March 2019 increased to USD 10.8 billion from USD 9.6 billion a month ago, primarily led by increase in net oil imports on back of rise in crude oil prices and higher net imports of gold. Further, trade deficit ex of oil & gold decreased sharply in March 2019 primarily due to higher exports of agricultural products, chemicals and engineering goods.
Amount in USD million Feb-19 Mar-19 Change (%)Trade Deficit 9,577 10,845 13.2%Net Oil imports 6,318 8,216 30.1%Net Gold imports* 1,197 2,970 148.0%Trade deficit ex oil & gold 2,062 -340 NM^
* includes net imports of gold, silver & precious stones adjusted for gems & jewellery exports; ^NM-Not meaningful
GST collection for the month of April 2019 (for the month of March 2019) rose to INR 1,139 billion, ~16% higher than FY19 average monthly collection. However, seasonally March is characterised by uptick in economic activities and thus collection for next few months should be monitored to ascertain the sustainability of growth.
Outlook
The Monetary Policy Committee (MPC) minutes released for its meeting held in April 2019 were largely in line with expectations and noted slowdown in economic activities. Given the near term inflation outlook remains benign and growth is moderating, it could provide some space for further policy easing. However, any future action by RBI is likely to be data dependent and we maintain that this rate cut cycle is likely to be a shallow one, in our opinion.
Though the near term inflation outlook remains benign due to low food prices and range bound oil prices, we prefer to maintain a cautious stance considering expectation of uptick in growth in FY20, credit growth outpacing deposit growth, possibility of food inflation rebounding and likely fiscal pressure. Further, large increase in gross market borrowings in FY20 over FY19 along with low demand for government bonds due to excess Statutory Liquidity Ratio (SLR) in the banking system could put upward pressure on long term yields.
In view of the above, the short to medium end of the yield curve continues to offer better risk adjusted returns than the long end. Hence, we continue to recommend investment in short to medium duration debt funds.
4 April 2019
CONTENTS
PAGE NO.
WEAlTH CREATiON
HDFc Equity Fund ............................................................................. 05
HDFc capital Builder Value Fund ........................................................ 06
HDFc Top 100 Fund ........................................................................... 07
HDFc Mid-cap Opportunities Fund ..................................................... 08
HDFc Small cap Fund ........................................................................ 09
HDFc Growth Opportunities Fund ...................................................... 10
HDFc Focused 30 Fund ...................................................................... 11
HDFc Infrastructure Fund .................................................................. 12
HDFc Balanced Advantage Fund ........................................................ 1 3 - 1 4
HDFc Hybrid Equity Fund ................................................................... 15-16
HDFc Multi-Asset Fund ...................................................................... 17-18
HDFc NIFTY 50 ETF ............................................................................ 19
HDFc Index Fund - NIFTY 50 Plan ....................................................... 20
HDFc SENSEx ETF .............................................................................. 21
HDFc Index Fund - SeNSex Plan ......................................................... 22
TAx SAVINGS
HDFc Taxsaver .................................................................................. 23
CHilDREN'S FUTURE
HDFc children’s Gift Fund ................................................................. 24-25
RETIREMENT PLANNING
HDFc Retirement Savings Fund - Equity Plan ....................................... 26
HDFc Retirement Savings Fund - Hybrid Equity Plan ............................ 27-28
HDFc Retirement Savings Fund - Hybrid Debt Plan .............................. 29
PAGE NO.
REgUlAR iNCOME
HDFc Equity Savings Fund ................................................................. 30-31
HDFc Hybrid Debt Fund ..................................................................... 32-33
HDFc Arbitrage Fund ......................................................................... 34-35
HDFc corporate Bond Fund ............................................................... 36
HDFc credit Risk Debt Fund ............................................................... 37-38
HDFc Banking and PSU Debt Fund ..................................................... 39
HDFc Gilt Fund.................................................................................. 40
HDFc Dynamic Debt Fund .................................................................. 41
HDFc Income Fund ........................................................................... 42
HDFc Medium Term Debt Fund .......................................................... 43
HDFc Short Term Debt Fund .............................................................. 44
HDFc Low Duration Fund ................................................................... 45
HDFc Money Market Fund ................................................................. 46
HDFc Floating Rate Debt Fund ........................................................... 47
HDFc Ultra Short Term Fund .............................................................. 48
HDFc Liquid Fund .............................................................................. 49-50
HDFc Overnight Fund ........................................................................ 51
Performance details of schemes managed by respective fund managers ............................................. 52
Scheme performance summary - Regular Plans ................................. 53-57
Scheme performance summary - Direct Plans .................................... 58-65
Performance of category I - FPI Portfolio ........................................... 65
Dividend History ............................................................................... 66-67
Disclaimer ....................................................................................... 68
gOAl BASED SOlUTiONS
WEAlTH CREATiON These schemes aim to increase wealth over the long term by investing predominantly in equity instruments and are suitable for investors with high risk appetite and relatively higher investment horizon.
TAx SAVINGS This scheme is eligible to provide tax deduction under Section 80c and also aims to increase wealth over the long term. This is an ideal solution for investors who would like to create wealth and save tax.
CHilDREN'S FUTURE This scheme aims to help you achieve your specific financial goal of planning for child’s future expenses like higher education, etc.
RETIREMENT PLANNING These schemes aim to help you achieve your specific financial goal of retirement planning.
REgUlAR iNCOME These schemes aim to provide stable income and are ideal for investors with low to medium risk appetite who wish to receive regular income to meet their periodic expenses.
Disclaimer: Investors are requested to note that the above goal based solutions should not be construed as financial planning solution/recommendation by the Fund/AMc. It does not in any manner, indicate or imply either the quality of any particular Scheme or guarantee any specific performance/returns. Such solutions must be tailored to investor’s individual situation and objectives and therefore, investors should consult their financial advisors to ascertain whether a product is suitable for them.
April 2019 5
SiP PERFORMANCE ^ - Regular plan - growth OptionSince Inception
SIP15 year
SIP10 year
SIP5 year
SIP3 year
SIP1 year
SIPTotal Amount Invested (` ‘000) 2,920.00 1,800.00 1,200.00 600.00 360.00 120.00 Mkt Value As on April 30, 2019 (` ‘000) 73,405.71 6,447.78 2,405.44 795.31 428.26 129.17 Returns (%) 21.76 15.52 13.34 11.23 11.64 14.58 Benchmark Returns (%) # 14.77 12.72 12.18 11.11 10.71 8.86 Additional Benchmark Returns (%) ## N.A. 12.82 12.10 12.16 13.97 14.87
Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. cAGR returns are computed after accounting for the cash flow by using xIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
Face Value per Unit: ` 10 unless otherwise specified, + Industry classification as recommended by AMFI, Data is as of April 30, 2019 unless otherwise specified.
PERFORMANCE ^ - Regular plan - growth OptionDate Period Scheme
Returns (%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 investedScheme (`) Benchmark
(`)#Additional
Benchmark (`)##
Apr 30, 18 Last 1 Year 8.13 2.98 10.84 10,813 10,298 11,084Apr 29, 16 Last 3 Years 16.26 15.03 15.91 15,720 15,225 15,580Apr 30, 14 Last 5 Years 14.61 14.27 13.32 19,783 19,489 18,693Jan 01, 95 Since Inception 18.89 11.57 N.A. 674,199 143,663 N.A.
Returns greater than 1 year period are compounded annualized (cAGR). N.A. Not Available. For performance of other schemes managed by Prashant Jain, please refer page 52. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 58. For FPI Portfolio, refer page no. 65.
This product is suitable for investors who are seeking ~
l to generate long-term capital appreciation / income
l investment predominantly in equity & equity related instruments
Riskometer
Investors understand that their principal will be at moderately high risk
~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them. ^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
(An open ended equity scheme investing across large cap, mid cap & small cap stocks)HDFC Equity Fund
Company Industry+ % to NAV
EqUiTY & EqUiTY RElATED
• IcIcI Bank Ltd. Banks 10.15
• State Bank of India Banks 9.70
• Infosys Ltd. Software 8.95
• Larsen and Toubro Ltd. construction Project 7.77
• Reliance Industries Ltd. Petroleum Products 5.25
• HDFc Bank Ltd. Banks 4.71
• NTPc Ltd. Power 4.61
• ITc Ltd. consumer Non Durables 3.79
• Tata consultancy Services Ltd. Software 3.05
• Axis Bank Ltd. Banks 2.83
coal India Ltd. Minerals/Mining 2.77
Power Finance corporation Ltd. Finance 2.47
Rural electrification corporation Ltd. Finance 2.41
Bank of Baroda Banks 2.39
GAIL (India) Ltd. Gas 2.39
Aurobindo Pharma Ltd. Pharmaceuticals 2.00
Tata Steel Ltd. Ferrous Metals 1.93
cESc Ltd. Power 1.83
Power Grid corporation of India Ltd. Power 1.66
Bharat Petroleum corporation Ltd. Petroleum Products 1.60
Housing Development Finance corporation Ltd. £ Finance 1.45
Kalpataru Power Transmission Ltd. Power 1.44
Vedanta Ltd. Non - Ferrous Metals 1.33
cipla Ltd. Pharmaceuticals 1.27
Tata chemicals Ltd. chemicals 1.14
canara Bank Banks 1.10
Oracle Financial Services Software Ltd. Software 1.06
UPL Ltd. Pesticides 1.03
L&T Technology Services Ltd. Software 0.94
Siemens Ltd. Industrial capital Goods 0.92
Praj Industries Ltd. Industrial capital Goods 0.90
Punjab National Bank Banks 0.90BeML Ltd. Industrial capital Goods 0.72cG Power and Industrial Solutions Ltd. Industrial capital Goods 0.58Bharat Dynamics Ltd. Aerospace & Defence 0.52
Company Industry+ % to NAV
Time Technoplast Ltd. Industrial Products 0.39Oriental Bank of commerce Banks 0.36Simplex Infrastructures Ltd. construction 0.33Bharat Heavy electricals Ltd. Industrial capital Goods 0.31Hindustan construction company Ltd. construction Project 0.22Ramco Systems Ltd. Software 0.14container corporation of India Ltd. Transportation 0.10Sub Total 99.41Preference SharesZee entertainment enterprises Ltd. Media & entertainment 0.01Sub Total 0.01Total 99.42cash margin 0.08cash, cash Equivalents and Net current Assets 0.50
Grand Total 100.00
• Top Ten Holdings, £ co-sponsor
PORTFOLIO
Industry Allocation of Equity Holding (% of Net Assets)
0.010.100.330.390.521.031.141.331.932.392.773.273.433.79
6.336.857.999.54
14.1432.14
0 5 10 15 20 25 30 35
Media & EntertainmentTransportation
ConstructionIndustrial Products
Aerospace & DefencePesticidesChemicals
Non - Ferrous MetalsFerrous Metals
GasMinerals/MiningPharmaceuticals
Industrial Capital GoodsConsumer Non Durables
FinancePetroleum Products
Construction ProjectPower
SoftwareBanks
KEY FACTS
iNVESTMENT OBjECTiVE
To generate capital appreciation / income from a portfolio, predominantly invested in equity & equity related instruments.There is no assurance that the investment objective of the Scheme will be realized.
FUND MANAgER § ¥
Prashant Jain (since June 20, 03)
Total Experience: Over 27 years
iNCEPTiON DATE (Date of Allotment)
January 1, 1995
NAV (AS ON APRIL 30, 2019) NAV PER UNIT (`)
Regular Plan - Growth Option 674.199Regular Plan - Dividend Option 50.939Direct Plan - Growth Option 709.020Direct Plan - Dividend Option 54.745
ASSETS UNDER MANAgEMENT (`) iN CRORE
As on April 30, 2019 22,376.35Average for Month of April, 2019 22,387.86
qUANTiTATiVE DATA
Portfolio Turnover Ratio (Last 1 year) 17.46%
Risk Ration Standard Deviation 4.302%n Beta 1.028n Sharpe Ratio* 0.195
computed for the 3-yr period ended April 30, 2019. Based on month-end NAV. * Risk free rate: 6.20%(Source: FIMMDA MIBOR)
TOTAL ExPENSE RATIO (As on April 30, 2019)Including Additional expenses and Goods and Service Tax on Management Fees
Regular: 1.79% Direct: 1.23%
#BENCHMARK iNDEX: NIFTY 500 (Total Returns Index)
##ADDl. BENCHMARK iNDEX: NIFTY 50 (Total Returns Index)
EXiT lOAD
l In respect of each purchase / switch-in of Units, an exit Load of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment.
l No exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment.
For further details, please refer to para ‘Exit Load’ on Pg 52.
PLANS & OPTIONS
Regular Plan, Direct Plan. Under each Plan : Growth & Dividend. The Dividend Option offers Dividend Payout and Reinvestment facility.
MiNiMUM APPliCATiON AMOUNT
Purchase : ` 5,000 and any amount thereafter.Additional Purchase : ` 1,000 and any amount thereafter.
§ Date of migration from Zurich India Mutual Fund (close of business hours - June 19, 03).¥ Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years).
CATEgORY OF SCHEME: MULTI-cAP FUND
6 April 2019
SiP PERFORMANCE ^ - Regular plan - growth Option
Since Inception SIP
15 year SIP
10 year SIP
5 year SIP
3 year SIP
1 year SIP
Total Amount Invested (` ‘000) 3,030.00 1,800.00 1,200.00 600.00 360.00 120.00 Mkt Value As on April 30, 2019 (` ‘000) 44,222.90 6,247.33 2,526.95 790.26 413.49 123.04 Returns (%) 17.63 15.16 14.26 10.98 9.24 4.76 Benchmark Returns (%) # N.A. 12.72 12.18 11.11 10.71 8.86 Additional Benchmark Returns (%) ## N.A. 12.82 12.10 12.16 13.97 14.87
Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. cAGR returns are computed after accounting for the cash flow by using xIRR method (investment internal rate of return). The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
PERFORMANCE ^ - Regular plan - growth OptionDate Period Scheme
Returns (%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##Apr 30, 18 Last 1 Year -1.25 2.98 10.84 9,875 10,298 11,084Apr 29, 16 Last 3 Years 14.40 15.03 15.91 14,978 15,225 15,580Apr 30, 14 Last 5 Years 15.62 14.27 13.32 20,671 19,489 18,693Feb 01, 94 Since Inception 14.36 N.A. N.A. 296,358 N.A. N.A.
Returns greater than 1 year period are compounded annualized (cAGR). N.A. Not Available. For performance of other schemes managed by Miten Lathia, please refer page 52. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 64.
Face Value per Unit: ` 10 unless otherwise specified, + Industry classification as recommended by AMFI, Data is as of April 30, 2019 unless otherwise specified.
This product is suitable for investors who are seeking ~
l to generate long-term capital appreciation / income in the long term
l investment primarily in undervalued stocks
Riskometer
Investors understand that their principal will be at moderately high risk
~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them. ^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
(An open ended equity scheme following a value investment strategy)HDFC Capital Builder Value Fund
Company Industry+ % to NAV
EqUiTY & EqUiTY RElATED
• HDFc Bank Ltd. Banks 9.22• Axis Bank Ltd. Banks 5.01• Reliance Industries Ltd. Petroleum Products 4.81• ITc Ltd. consumer Non Durables 4.01• Kotak Mahindra Bank Ltd. Banks 3.86• IcIcI Bank Ltd. Banks 3.71• Bharat Petroleum
corporation Ltd. Petroleum Products 3.33• Vedanta Ltd. Non - Ferrous Metals 3.18• Infosys Ltd. Software 3.15• GAIL (India) Ltd. Gas 3.14Larsen and Toubro Ltd. construction Project 2.97Indusind Bank Ltd. Banks 2.75Ambuja cements Ltd. cement 2.08Persistent Systems Ltd. Software 2.08Glenmark Pharmaceuticals Ltd. Pharmaceuticals 1.99NTPc Ltd. Power 1.84Apollo Tyres Ltd. Auto Ancillaries 1.68Indostar capital Finance Ltd. Finance 1.59Mahindra & Mahindra Ltd. Auto 1.56Yes Bank Ltd. Banks 1.55S H Kelkar and company Ltd. consumer Non Durables 1.52Aurobindo Pharma Ltd. Pharmaceuticals 1.43Spicejet Ltd. Transportation 1.27Bajaj consumer care Ltd. consumer Non Durables 1.24Inox Leisure Ltd. Media & entertainment 1.24State Bank of India Banks 1.23Bharti Airtel Ltd.* Telecom - Services 1.21Oracle Financial Services Software Ltd. Software 1.12coal India Ltd. Minerals/Mining 1.11JK cement Ltd. cement 1.11Advanced enzyme Technologies Ltd.
consumer Non Durables 1.09
VRL Logistics Ltd. Transportation 1.08Repco Home Finance Ltd. Finance 1.07Wipro Ltd. Software 1.05Ashoka Buildcon Ltd. construction Project 1.01cipla Ltd. Pharmaceuticals 0.95Max Financial Services Ltd. Finance 0.94Trent Ltd. Retailing 0.94Housing Development Finance corporation Ltd. £ Finance 0.93Newgen Software Technologies Ltd. Software 0.92Thyrocare Technologies Ltd. Healthcare Services 0.90Indoco Remedies Ltd. Pharmaceuticals 0.88Bharat Financial Inclusion Ltd. Finance 0.87chambal Fertilizers & chemicals Ltd. Fertilisers 0.87
Company Industry+ % to NAV
Dilip Buildcon Ltd. construction Project 0.81Solar Industries India Ltd. chemicals 0.76Zee entertainment enterprises Ltd. Media & entertainment 0.76Wonderla Holidays Ltd. Hotels/Resorts & Other
Recreational Activities 0.73Gujarat Pipavav Port Ltd. Transportation 0.70Schaeffler India Ltd. Industrial Products 0.67Blue Star Ltd. consumer Durables 0.51Bharat Dynamics Ltd. Aerospace & Defence 0.45entertainment Network (India) Ltd. (India) Ltd. Media & entertainment 0.32Sadbhav Infrastructure Project Ltd. (corporate Guarantee of Sadbhav engineering Ltd.) construction Project 0.31Siti Networks Ltd. Media & entertainment 0.27Vodafone Idea Ltd. Telecom - Services @Sub Total 95.78cash, cash Equivalents and Net current Assets 4.22
Grand Total 100.00
• Top Ten Holdings, £ co-sponsor, @ Less than 0.01%, * Includes Rights entitlement
PORTFOLIO
Industry Allocation of Equity Holding (% of Net Assets)
0.450.510.670.730.760.870.900.941.111.211.561.681.842.593.053.143.183.195.105.255.40
7.868.148.32
27.33
0 5 10 15 20 25 30Aerospace & Defence
Consumer DurablesIndustrial Products
Hotels, Resorts & Other Recreational ActivitiesChemicalsFertilisers
Healthcare ServicesRetailing
Minerals/MiningTelecom - Services
AutoAuto Ancillaries
PowerMedia & Entertainment
TransportationGas
Non - Ferrous MetalsCement
Construction ProjectPharmaceuticals
FinanceConsumer Non Durables
Petroleum ProductsSoftware
Banks
KEY FACTS
iNVESTMENT OBjECTiVE
To achieve capital appreciation/income in the long term by primarily investing in undervalued stocks.
There is no assurance that the investment objective of the Scheme will be realized.
CATEgORY OF SCHEME: Value Fund
FUND MANAgER ¥
Miten Lathia (since May 10, 12*)
Total Experience: Over 18 years*The scheme was co-managed by Miten Lathia with chirag Setalvad from May 10, 12 to March 19, 17
iNCEPTiON DATE (Date of Allotment)
February 1, 1994
NAV (AS ON APRIL 30, 2019) NAV PER UNIT (`)
Regular Plan - Growth Option 296.358Regular Plan - Dividend Option 25.444Direct Plan - Growth Option 313.164Direct Plan - Dividend Option 27.571
ASSETS UNDER MANAgEMENT (`) iN CRORE
As on April 30, 2019 4,539.98Average for Month of April, 2019 4,587.73
qUANTiTATiVE DATA
Portfolio Turnover Ratio (Last 1 year) 24.61%
Risk Ration Standard Deviation 3.914%n Beta 0.963n Sharpe Ratio* 0.175
computed for the 3-yr period ended April 30, 2019. Based on month-end NAV. * Risk free rate: 6.20%(Source: FIMMDA MIBOR)
TOTAL ExPENSE RATIO (As on April 30, 2019)Including Additional expenses and Goods and Service Tax on Management Fees
Regular: 2.20% Direct: 0.92%
#BENCHMARK iNDEX: NIFTY 500 (Total Returns Index)
##ADDl. BENCHMARK iNDEX: NIFTY 50 (Total Returns Index)
EXiT lOAD
l In respect of each purchase / switch-in of Units, an exit Load of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment.
l No exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment.
For further details, please refer to para ‘Exit Load’ on Pg 52.
PLANS & OPTIONS
Regular Plan, Direct Plan. Under each Plan : Growth & Dividend. The Dividend Option offers Dividend Payout and Reinvestment facility.
MiNiMUM APPliCATiON AMOUNT
Purchase : ` 5,000 and any amount thereafter.Additional Purchase : ` 1,000 and any amount thereafter.
¥ Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years).
CATEgORY OF SCHEME: VALUE FUND
April 2019 7
CATEgORY OF SCHEME: LARGE-cAP FUND
Face Value per Unit: ` 10 unless otherwise specified, + Industry classification as recommended by AMFI, Data is as of April 30, 2019 unless otherwise specified.
KEY FACTS
iNVESTMENT OBjECTiVETo provide long-term capital appreciation/income by investing predominantly in Large-cap companies.There is no assurance that the investment objective of the Scheme will be realized.
CATEgORY OF SCHEME: Large-cap Fund
FUND MANAgER § ¥
Prashant Jain (since June 20, 03)
Total Experience: Over 27 years
iNCEPTiON DATE (Date of Allotment)October 11, 1996
NAV (AS ON APRIL 30, 2019) NAV PER UNIT (`)Regular Plan - Growth Option 503.145Regular Plan - Dividend Option 48.992Direct Plan - Growth Option 524.767Direct Plan - Dividend Option 52.060
ASSETS UNDER MANAgEMENT (`) iN CROREAs on April 30, 2019 16,704.61Average for Month of April, 2019 16,571.35
qUANTiTATiVE DATAPortfolio Turnover Ratio (Last 1 year) 17.75%Risk Ration Standard Deviation 3.976%n Beta 0.985n Sharpe Ratio* 0.213computed for the 3-yr period ended April 30, 2019. Based on month-end NAV. * Risk free rate: 6.20%(Source: FIMMDA MIBOR)
TOTAL ExPENSE RATIO (As on April 30, 2019)Including Additional expenses and Goods and Service Tax on Management FeesRegular: 1.85% Direct: 1.33%
#BENCHMARK iNDEX: NIFTY 100 (Total Returns Index)
##ADDl. BENCHMARK iNDEX: S&P BSe SeNSex (Total Returns Index)
EXiT lOADl In respect of each purchase / switch-in of Units, an exit Load
of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment.
l No exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment.
For further details, please refer to para ‘Exit Load’ on Pg 52.
PLANS & OPTIONSRegular Plan, Direct Plan. Under each Plan : Growth & Dividend. The Dividend Option offers Dividend Payout and Reinvestment facility.
MiNiMUM APPliCATiON AMOUNTPurchase : ` 5,000 and any amount thereafter.Additional Purchase : ` 1,000 and any amount thereafter.
SEgMENT-WiSE BREAK-UP OF EqUiTY HOlDiNg (% OF NET ASSETS)Large cap 89.60%Mid cap 9.92%
§ Date of migration from Zurich India Mutual Fund (close of business hours - June 19, 03).¥ Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years).
This product is suitable for investors who are seeking ~
l to generate long-term capital appreciation / income
l investment predominantly in Large-cap companies
Riskometer
Investors understand that their principal will be at moderately high risk
~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
SiP PERFORMANCE ^ - Regular plan - growth OptionSince Inception
SIP15 year
SIP10 year
SIP5 year
SIP3 year
SIP1 year
SIPTotal Amount Invested (` ‘000) 2,710.00 1,800.00 1,200.00 600.00 360.00 120.00 Mkt Value As on April 30, 2019 (` ‘000) $$ 39,289.21 6,245.10 2,351.20 808.45 435.69 130.83 Returns (%) $$ 19.86 15.15 12.91 11.90 12.83 17.30 Benchmark Returns (%) # N.A. 13.24 12.49 11.95 12.81 12.43 Additional Benchmark Returns (%) ## 14.55 13.09 12.32 12.61 15.17 15.23
Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. cAGR returns are computed after accounting for the cash flow by using xIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
PERFORMANCE ^ - Regular plan - growth OptionDate Period Scheme
Returns (%) $$
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 investedScheme (`)
$$Benchmark
(`)#Additional
Benchmark (`)##
Apr 30, 18 Last 1 Year 11.62 7.91 12.40 11,162 10,791 11,240Apr 29, 16 Last 3 Years 16.56 15.79 16.55 15,844 15,531 15,838Apr 30, 14 Last 5 Years 14.39 13.95 13.28 19,590 19,220 18,664Oct 11, 96 Since Inception 20.01 N.A. 12.61 613,488 N.A. 145,892
Returns greater than 1 year period are compounded annualized (cAGR). N.A. Not Available. $$ All dividends declared prior to the splitting of the Scheme into Dividend & Growth Options are assumed to be reinvested in the units of the Scheme at the then prevailing NAV (ex-dividend NAV). For performance of other schemes managed by Prashant Jain, please refer page 52. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 58. For FPI Portfolio, refer page no. 65.
^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
(An open ended equity scheme predominantly investing in large cap stocks)HDFC Top 100 Fund
Company Industry+ % to NAV
EqUiTY & EqUiTY RElATED• Reliance Industries Ltd. Petroleum Products 8.58• IcIcI Bank Ltd. Banks 8.34• State Bank of India Banks 7.97• Infosys Ltd. Software 7.31• HDFc Bank Ltd. Banks 7.29• Larsen and Toubro Ltd. construction Project 5.86• ITc Ltd. consumer Non Durables 4.56• NTPc Ltd. Power 4.43• Tata consultancy Services Ltd. Software 4.39• Axis Bank Ltd. Banks 3.84coal India Ltd. Minerals/Mining 2.98Housing Development Finance corporation Ltd. £ Finance 2.44Hindustan Petroleum corporation Ltd. Petroleum Products 2.21Power Finance corporation Ltd. Finance 1.89Power Grid corporation of India Ltd. Power 1.84Tata Steel Ltd. Ferrous Metals 1.83Aurobindo Pharma Ltd. Pharmaceuticals 1.78GAIL (India) Ltd. Gas 1.50Rural electrification corporation Ltd. Finance 1.38Bharat Petroleum corporation Ltd. Petroleum Products 1.36Bank of Baroda Banks 1.33cESc Ltd. Power 1.18Tata chemicals Ltd. chemicals 1.12UPL Ltd. Pesticides 1.07Vedanta Ltd. Non - Ferrous Metals 1.03canara Bank Banks 1.02Oil & Natural Gas corporation Ltd. Oil 0.94cipla Ltd. Pharmaceuticals 0.82HcL Technologies Ltd. Software 0.73ABB India Ltd. Industrial capital Goods 0.71Bank of India Banks 0.68Wipro Ltd. Software 0.65Bharat electronics Ltd. Industrial capital Goods 0.64Tech Mahindra Ltd. Software 0.64Oracle Financial Services Software Ltd. Software 0.61Siemens Ltd. Industrial capital Goods 0.57Indian Oil corporation Ltd. Petroleum Products 0.54Punjab National Bank Banks 0.54Ambuja cements Ltd. cement 0.48Union Bank of India Banks 0.48
Company Industry+ % to NAV
container corporation of India Ltd. Transportation 0.44Hindalco Industries Ltd. Non - Ferrous Metals 0.43Steel Authority of India Ltd. Ferrous Metals 0.39NHPc Ltd. Power 0.25Grasim Industries Ltd. cement 0.23InterGlobe Aviation Ltd. Transportation 0.17LIc Housing Finance Ltd. Finance 0.04Lupin Ltd. Pharmaceuticals 0.03Sub Total 99.54Preference SharesZee entertainment enterprises Ltd. Media & entertainment 0.01Sub Total 0.01Total 99.55cash margin 0.18cash, cash Equivalents and Net current Assets 0.27Grand Total 100.00
• Top Ten Holdings, £ co-sponsor
PORTFOLIO
Industry Allocation of Equity Holding (% of Net Assets)
0.010.610.710.941.071.121.461.501.922.222.632.98
4.565.755.86
7.7012.69
14.3331.49
0 5 10 15 20 25 30 35
Media & EntertainmentTransportation
CementOil
PesticidesChemicals
Non - Ferrous MetalsGas
Industrial Capital GoodsFerrous Metals
PharmaceuticalsMinerals/Mining
Consumer Non DurablesFinance
Construction ProjectPower
Petroleum ProductsSoftware
Banks
8 April 2019
CATEgORY OF SCHEME: MID cAP FUND
KEY FACTS
iNVESTMENT OBjECTiVETo provide long-term capital appreciation/income by investing predominantly in Mid-cap companies.There is no assurance that the investment objective of the Scheme will be realized.
CATEgORY OF SCHEME: Mid cap Fund
FUND MANAgER ¥
Chirag Setalvad (since June 25, 07)
Total Experience: Over 21 years
iNCEPTiON DATE (Date of Allotment)June 25, 2007
NAV (AS ON APRIL 30, 2019) NAV PER UNIT (`)Regular Plan - Growth Option 54.506Regular Plan - Dividend Option 27.568Direct Plan - Growth Option 57.569Direct Plan - Dividend Option 34.030
ASSETS UNDER MANAgEMENT (`) iN CROREAs on April 30, 2019 22,243.59Average for Month of April, 2019 22,565.86
qUANTiTATiVE DATAPortfolio Turnover Ratio (Last 1 year) 4.50%Risk Ration Standard Deviation 4.675%n Beta 0.841n Sharpe Ratio* 0.139computed for the 3-yr period ended April 30, 2019. Based on month-end NAV. * Risk free rate: 6.20%(Source: FIMMDA MIBOR)
TOTAL ExPENSE RATIO (As on April 30, 2019)Including Additional expenses and Goods and Service Tax on Management FeesRegular: 1.88% Direct: 1.06%
#BENCHMARK iNDEX: NIFTY Midcap 100 (Total Returns Index) ##ADDl. BENCHMARK iNDEX: NIFTY 50 (Total Returns Index)
EXiT lOADl In respect of each purchase / switch-in of Units, an exit Load
of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment.
l No exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment.
For further details, please refer to para ‘Exit Load’ on Pg 52.
PLANS & OPTIONSRegular Plan, Direct Plan. Under each Plan : Growth & Dividend. The Dividend Option offers Dividend Payout and Reinvestment facility.
MiNiMUM APPliCATiON AMOUNTPurchase : ` 5,000 and any amount thereafter.Additional Purchase : ` 1,000 and any amount thereafter.
SEgMENT-WiSE BREAK-UP OF EqUiTY HOlDiNg (% OF NET ASSETS)Large cap 3.54%Mid cap 67.98%Small cap 19.90%¥ Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years).
SiP PERFORMANCE ^ - Regular plan - growth Option
Since Inception SIP
10 year SIP
5 year SIP
3 year SIP
1 year SIP
Total Amount Invested (` ‘000) 1,430.00 1,200.00 600.00 360.00 120.00 Mkt Value As on April 30, 2019 (` ‘000) 4,465.08 2,995.38 771.62 388.70 120.00 Returns (%) 17.83 17.43 10.02 5.06 -0.00 Benchmark Returns (%) # 12.75 12.50 7.98 2.39 -4.93 Additional Benchmark Returns (%) ## 11.85 12.10 12.16 13.97 14.87
Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. cAGR returns are computed after accounting for the cash flow by using xIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 18 Last 1 Year -9.60 -12.72 10.84 9,040 8,728 11,084Apr 29, 16 Last 3 Years 13.45 11.13 15.91 14,607 13,730 15,580Apr 30, 14 Last 5 Years 18.30 16.12 13.32 23,183 21,123 18,693Jun 25, 07 Since Inception 15.38 11.16 10.22 54,506 35,038 31,679
Returns greater than 1 year period are compounded annualized (cAGR). For performance of other schemes managed by chirag Setalvad, please refer page 52. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 58.
Face Value per Unit: ` 10 unless otherwise specified, + Industry classification as recommended by AMFI, Data is as of April 30, 2019 unless otherwise specified.
This product is suitable for investors who are seeking ~
l to generate long-term capital appreciation / income
l investment predominantly in Mid-cap companies
Riskometer
Investors understand that their principal will be at moderately high risk
~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
(An open ended equity scheme predominantly investing in mid cap stocks)HDFC Mid Cap Opportunities Fund
Company Industry+ / Rating % to NAV
EqUiTY & EqUiTY RElATED• cholamandalam Investment
& Finance Finance 4.08• Sundram Fasteners Ltd. Auto Ancillaries 3.68• Aarti Industries Ltd. chemicals 3.42• Balkrishna Industries Ltd. Auto Ancillaries 3.41• RBL Bank Ltd. Banks 3.03• city Union Bank Ltd. Banks 2.98• Voltas Ltd. consumer Durables 2.88• Torrent Pharmaceuticals Ltd. Pharmaceuticals 2.74Indian Hotels company Ltd. Hotels/Resorts & Other
Recreational Activities 2.66Hexaware Technologies Ltd. Software 2.17crompton Greaves consumer elec. Ltd. consumer Durables 2.02Trent Ltd. Retailing 1.99AIA engineering Ltd. Industrial Products 1.97Tata chemicals Ltd. chemicals 1.95exide Industries Ltd. Auto Ancillaries 1.90Apollo Tyres Ltd. Auto Ancillaries 1.72cholamandalam Financial Holdings Ltd. Finance 1.72SKF India Ltd. Industrial Products 1.71Divis Laboratories Ltd. Pharmaceuticals 1.68Max Financial Services Ltd. Finance 1.67The Federal Bank Ltd. Banks 1.67carborundum Universal Ltd. Industrial Products 1.65Glenmark Pharmaceuticals Ltd. Pharmaceuticals 1.63VST Industries Ltd. consumer Non Durables 1.61Ipca Laboratories Ltd. Pharmaceuticals 1.60Indian Bank Banks 1.51Supreme Industries Ltd. Industrial Products 1.35Atul Ltd. chemicals 1.32Tube Investments of India Ltd. Auto Ancillaries 1.23Whirlpool of India Ltd. consumer Durables 1.17Edelweiss Financial Services Ltd. Finance 1.16KEc International Ltd. construction Project 1.16NIIT Technologies Ltd. Software 1.15Larsen & Toubro Infotech Ltd. Software 1.12Union Bank of India Banks 1.12Reliance Nippon Life Asset Management Ltd. Finance 1.10Arvind Fashions Ltd. Retailing 1.08Karur Vysya Bank Ltd. Banks 1.04Power Finance corporation Ltd. Finance 1.02Rural electrification corporation Ltd. Finance 1.01Blue Star Ltd. consumer Durables 0.99KNR construction Ltd.. construction 0.97Solar Industries India Ltd. chemicals 0.94Dilip Buildcon Ltd. construction Project 0.93Gujarat Fluorochemicals Ltd. chemicals 0.88Schaeffler India Ltd. Industrial Products 0.86Jagran Prakashan Ltd. Media & entertainment 0.85Redington (India) Ltd. Transportation 0.81Navneet education Ltd. Media & entertainment 0.79MRF Ltd. Auto Ancillaries 0.75Greenlam Industries Ltd. consumer Durables 0.74
Company Industry+ / Rating % to NAVPunjab National Bank Banks 0.74Delta corp Ltd. Hotels/Resorts & Other
Recreational Activities 0.66Bata India Ltd. consumer Durables 0.65Symphony Ltd. consumer Durables 0.62Greenply Industries Ltd. consumer Durables 0.57cummins India Ltd. Industrial Products 0.52Grindwell Norton Ltd. Industrial Products 0.51Arvind Ltd. Textile Products 0.45Vesuvius India Ltd. Industrial Products 0.44Mahindra Holidays & Resorts Ind Ltd.
Hotels/Resorts & Other Recreational Activities 0.39
Persistent Systems Ltd. Software 0.37Vardhman Textiles Ltd. Textiles - cotton 0.36Strides Pharma Science Ltd. Pharmaceuticals 0.24Dhanuka Agritech Ltd. Pesticides 0.17The Anup engineering Ltd. Industrial capital Goods 0.10Sub Total 91.38Preference SharesZee entertainment enterprises Ltd. Media & entertainment 0.01Sub Total 0.01Total 91.39MONEY MARKET INSTRUMENTSCD/CP• Tata Sons Ltd. cRISIL - A1+ 3.14• NTPc Ltd. cRISIL - A1+ 2.70Indian Oil corporation Ltd. cRISIL - A1+ 1.50Sub Total 7.34cash, cash Equivalents and Net current Assets 1.27Grand Total 100.00• Top Ten Holdings
PORTFOLIO
Industry Allocation of Equity Holding (% of Net Assets)
0.100.170.360.450.810.971.611.652.09
3.073.71
4.817.898.519.019.64
11.7612.0912.69
0 2 4 6 8 10 12 14
Industrial Capital GoodsPesticides
Textiles - CottonTextile ProductsTransportation
ConstructionConsumer Non DurablesMedia & Entertainment
Construction ProjectRetailing
Hotels, Resorts & Other Recreational ActivitiesSoftware
PharmaceuticalsChemicals
Industrial ProductsConsumer Durables
FinanceBanks
Auto Ancillaries
April 2019 9
CATEgORY OF SCHEME: SMALL cAP FUND
KEY FACTS
iNVESTMENT OBjECTiVETo provide long-term capital appreciation /income by investing predominantly in Small-cap companies.There is no assurance that the investment objective of the Scheme will be realized.
CATEgORY OF SCHEME: Small cap Fund
FUND MANAgER § ¥
Chirag Setalvad (since June 28, 14)
Total Experience: Over 21 years
iNCEPTiON DATE (Date of Allotment)April 3, 2008
NAV (AS ON APRIL 30, 2019) NAV PER UNIT (`)Regular Plan - Growth Option 43.074Regular Plan - Dividend Option 22.676Direct Plan - Growth Option 46.139Direct Plan - Dividend Option 28.453
ASSETS UNDER MANAgEMENT (`) iN CROREAs on April 30, 2019 7,660.38Average for Month of April, 2019 7,665.65
qUANTiTATiVE DATAPortfolio Turnover Ratio (Last 1 year) 4.16%Risk Ration Standard Deviation 4.496%n Beta 0.595n Sharpe Ratio* 0.222computed for the 3-yr period ended April 30, 2019. Based on month-end NAV. * Risk free rate: 6.20%(Source: FIMMDA MIBOR)
TOTAL ExPENSE RATIO (As on April 30, 2019)Including Additional expenses and Goods and Service Tax on Management FeesRegular: 2.02% Direct: 0.77%
#BENCHMARK iNDEX: NIFTY Smallcap 100 (Total Returns Index)##ADDl. BENCHMARK iNDEX: NIFTY 50 (Total Returns Index)
EXiT lOADl In respect of each purchase / switch-in of Units, an exit Load
of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment.
l No exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment.
For further details, please refer to para ‘Exit Load’ on Pg 52.
PLANS & OPTIONSRegular Plan, Direct Plan. Under each Plan : Growth & Dividend. The Dividend Option offers Dividend Payout and Reinvestment facility.
MiNiMUM APPliCATiON AMOUNTPurchase : ` 5,000 and any amount thereafter.Additional Purchase : ` 1,000 and any amount thereafter.
SEgMENT-WiSE BREAK-UP OF EqUiTY HOlDiNg (% OF NET ASSETS)Large cap 5.07%Mid cap 17.11%Small cap 65.22%§ Date of migration from Morgan Stanley Mutual Fund
(close of business hours - June 27, 14)¥ Dedicated Fund Manager for Overseas Investments:
Mr. Amar Kalkundrikar (Total Experience: Over 16 years).
SiP PERFORMANCE ^ - Regular plan - growth Option
Since Inception SIP
10 year SIP
5 year SIP
3 year SIP
1 year SIP
Total Amount Invested (` ‘000) 1,330.00 1,200.00 600.00 360.00 120.00 Mkt Value As on April 30, 2019 (` ‘000) 3,470.57 2,722.53 845.35 419.57 118.78 Returns (%) 16.34 15.65 13.70 10.23 -1.90 Benchmark Returns (%) # 9.91 9.20 3.37 -2.97 -7.98 Additional Benchmark Returns (%) ## 12.42 12.10 12.16 13.97 14.87
Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. cAGR returns are computed after accounting for the cash flow by using xIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 18 Last 1 Year -10.28 -22.14 10.84 8,972 7,786 11,084Apr 29, 16 Last 3 Years 18.36 8.47 15.91 16,588 12,764 15,580Apr 30, 14 Last 5 Years 18.89 11.55 13.32 23,762 17,276 18,693Apr 03, 08 Since Inception 14.09 6.50 9.77 43,074 20,100 28,097
Returns greater than 1 year period are compounded annualized (cAGR). For performance of other schemes managed by chirag Setalvad, please refer page 52. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 58.
Face Value per Unit: ` 10 unless otherwise specified, + Industry classification as recommended by AMFI, Data is as of April 30, 2019 unless otherwise specified.
This product is suitable for investors who are seeking ~
l to generate long-term capital appreciation / income
l investment predominantly in Small-cap companies
Riskometer
Investors understand that their principal will be at moderately high risk
~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
(An open ended equity scheme predominantly investing in small cap stocks)HDFC Small Cap Fund
Company Industry+ % to NAVEqUiTY & EqUiTY RElATED• Aurobindo Pharma Ltd. Pharmaceuticals 3.46• Balkrishna Industries Ltd. Auto Ancillaries 3.20• NIIT Technologies Ltd. Software 3.18• Sonata Software Ltd. Software 3.10• chambal Fertilizers &
chemicals Ltd. Fertilisers 2.78• Gujarat Fluorochemicals Ltd. chemicals 2.68• Sharda cropchem Ltd. Pesticides 2.56• Indian Hotels company Ltd. Hotels/Resorts & Other
Recreational Activities 2.42Indian Bank Banks 2.41SKF India Ltd. Industrial Products 2.35KEc International Ltd. construction Project 2.10NRB Bearing Ltd. Industrial Products 2.08Kalpataru Power Transmission Ltd. Power 2.07Sadbhav engineering Ltd. construction Project 2.06chalet Hotels Ltd. Hotels/Resorts & Other
Recreational Activities 2.04Firstsource Solutions Ltd. Software 2.03Repco Home Finance Ltd. Finance 1.91Inox Leisure Ltd. Media & entertainment 1.89KeI Industries Ltd. Industrial Products 1.78Tata Metaliks Ltd. Ferrous Metals 1.72Oriental Bank of commerce Banks 1.71Tube Investments of India Ltd. Auto Ancillaries 1.65Great eastern Shipping company Ltd. Transportation 1.64Bank of Baroda Banks 1.62Vardhman Textiles Ltd. Textiles - cotton 1.62T. V. Today Network Ltd. Media & entertainment 1.56Bajaj electricals Ltd. consumer Durables 1.55eIH Ltd. Hotels/Resorts & Other
Recreational Activities 1.52Atul Ltd. chemicals 1.41Finolex Industries Ltd. Industrial Products 1.38carborundum Universal Ltd. Industrial Products 1.28Insecticides (India) Ltd. Pesticides 1.22PNc Infratech Ltd. construction 1.21Nilkamal Ltd. Industrial Products 1.18The Federal Bank Ltd. Banks 1.11Advanced enzyme Technologies Ltd.
consumer Non Durables 1.08
Power Mech Projects Ltd. construction Project 1.04Orient Refractories Ltd. Industrial Products 0.94Redington (India) Ltd. Transportation 0.86Oriental carbon & chemicals Ltd. chemicals 0.82IFGL Refractories Ltd. (formerly known as IFGL Exports Ltd.) Industrial Products 0.80eclerx Services Ltd. Software 0.75Gabriel India Ltd. Auto Ancillaries 0.72Unichem Laboratories Ltd. Pharmaceuticals 0.72Shaily engineering Plastics Ltd. Industrial Products 0.67LG Balakrishnan & Bros Ltd. Auto Ancillaries 0.66Allahabad Bank Banks 0.64Kirloskar Ferrous Industries Ltd. Ferrous Metals 0.63Apar Industries Ltd. Industrial capital Goods 0.62Vesuvius India Ltd. Industrial Products 0.62Jagran Prakashan Ltd. Media & entertainment 0.60Lemon Tree Hotels Ltd. Hotels/Resorts & Other
Recreational Activities 0.60
Company Industry+ % to NAVTaj GVK Hotels & Resorts Ltd. Hotels/Resorts & Other
Recreational Activities 0.53Atul Auto Ltd. Auto 0.52Goodyear India Ltd. Auto Ancillaries 0.52Greenlam Industries Ltd. consumer Durables 0.49GNA Axles Ltd. Auto Ancillaries 0.42Mcleod Russel India Ltd. consumer Non Durables 0.41D B corp Ltd. Media & entertainment 0.28Swaraj engines Ltd. Industrial Products 0.27Merck Ltd. Pharmaceuticals 0.26DcB Bank Ltd. Banks 0.23everest Industries Ltd. cement 0.23Greenply Industries Ltd. consumer Durables 0.18V.S.T Tillers Tractors Ltd. Auto 0.18Banco Products (I) Ltd. Auto Ancillaries 0.15cG Power and Industrial Solutions Ltd. Industrial capital Goods 0.14Time Technoplast Ltd. Industrial Products 0.12Titagarh Wagons Ltd. Industrial capital Goods 0.12Sarla Performance Fibers Ltd. Textiles - Synthetic 0.11Sub Total 87.41MONEY MARKET INSTRUMENTSCD/CP• Tata Sons Ltd. cRISIL - A1+ 5.87• NTPc Ltd. cRISIL - A1+ 3.46Sub Total 9.33cash margin 0.08cash, cash Equivalents and Net current Assets 3.18Grand Total 100.00• Top Ten Holdings, £ co-sponsor
PORTFOLIO
Industry Allocation of Equity Holding (% of Net Assets)
0.110.230.700.881.211.491.621.912.072.222.352.502.78
3.784.334.444.915.20
7.117.327.72
9.0613.47
0 2 4 6 8 10 12 14 16
Textiles - SyntheticCement
AutoIndustrial Capital Goods
ConstructionConsumer Non Durables
Textiles - CottonFinance
PowerConsumer Durables
Ferrous MetalsTransportation
FertilisersPesticides
Media & EntertainmentPharmaceuticals
ChemicalsConstruction Project
Hotels, Resorts & Other Recreational ActivitiesAuto Ancillaries
BanksSoftware
Industrial Products
10 April 2019
CATEgORY OF SCHEME: LARGE & MID cAP FUND
KEY FACTS
iNVESTMENT OBjECTiVETo generate long term capital appreciation/income from a portfolio, predominantly invested in equity and equity related instruments. There is no assurance that the investment objective of the Scheme will be realized.
CATEgORY OF SCHEME: Large & Mid cap Fund
FUND MANAgER § ¥
Vinay Kulkarni (since June 28, 14)
Total Experience: Over 29 years
iNCEPTiON DATE (Date of Allotment)February 18, 1994
NAV (AS ON APRIL 30, 2019) NAV PER UNIT (`)Regular Plan - Growth Option 114.010Regular Plan - Dividend Option 19.152Direct Plan - Growth Option 115.207Direct Plan - Dividend Option 22.268
ASSETS UNDER MANAgEMENT (`) iN CROREAs on April 30, 2019 1,296.46Average for Month of April, 2019 1,301.65
qUANTiTATiVE DATAPortfolio Turnover Ratio (Last 1 year) 66.52%Risk Ration Standard Deviation 3.893%n Beta 0.972n Sharpe Ratio* 0.115computed for the 3-yr period ended April 30, 2019. Based on month-end NAV. * Risk free rate: 6.20%(Source: FIMMDA MIBOR)
TOTAL ExPENSE RATIO (As on April 30, 2019)Including Additional expenses and Goods and Service Tax on Management FeesRegular: 2.33% Direct: 2.21%
#BENCHMARK iNDEX: NIFTY Large Midcap 250 (Total Returns Index)##ADDl. BENCHMARK iNDEX: S&P BSe SeNSex (Total Returns Index)
EXiT lOADl In respect of each purchase / switch-in of Units, an exit Load
of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment.
l No exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment.
For further details, please refer to para ‘Exit Load’ on Pg 52.
PLANS & OPTIONSRegular Plan, Direct Plan. Under each Plan : Growth & Dividend. The Dividend Option offers Dividend Payout and Reinvestment facility.
MiNiMUM APPliCATiON AMOUNTPurchase : ` 5,000 and any amount thereafter.Additional Purchase : ` 1,000 and any amount thereafter.
SEgMENT-WiSE BREAK-UP OF EqUiTY HOlDiNg (% OF NET ASSETS)Large cap 60.87%Mid cap 35.27%Small cap 3.40%§ Date of migration from Morgan Stanley Mutual Fund (close of business hours - June 27, 14)¥ Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years).
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%) $$
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) $$
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 18 Last 1 Year 4.32 -1.67 12.40 10,432 9,833 11,240Apr 29, 16 Last 3 Years 11.23 15.08 16.55 13,767 15,248 15,838Apr 30, 14 Last 5 Years 12.70 16.36 13.28 18,186 21,339 18,664Feb 18, 94 Since Inception 11.31 N.A. 11.16 149,050 N.A. 144,170
Returns greater than 1 year period are compounded annualized (cAGR). N.A. Not Available. The Scheme, formerly a large cap fund, has undergone change in Fundamental attributes w.e.f. May 23, 2018 and become a Large and Mid-cap Fund. Accordingly, the Scheme’s benchmark has also changed. Hence, the past performance of the Scheme may not strictly be comparable with that of the new benchmark. $$ All dividends declared prior to the splitting of the Scheme into Dividend & Growth Options are assumed to be reinvested in the units of the Scheme at the then prevailing NAV. For performance of other schemes managed by Vinay Kulkarni, please refer page 52. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 58. As TRI data is not available since inception of the scheme, additional benchmark performance is calculated using composite cAGR of S&P BSe SeNSex PRI values from Feb 18, 94 to Aug 18, 96 and TRI values since Aug 19, 96.
Face Value per Unit: ` 10 unless otherwise specified, + Industry classification as recommended by AMFI, Data is as of April 30, 2019 unless otherwise specified.
This product is suitable for investors who are seeking ~
l to generate long-term capital appreciation/income
l investment predominantly in Large cap and Mid cap companies
Riskometer
Investors understand that their principal will be at moderately high risk
~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them. ^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
(An open ended equity scheme investing in both large cap and mid cap stocks)HDFC Growth Opportunities Fund
Company Industry+ % to NAV
EqUiTY & EqUiTY RElATED
• State Bank of India Banks 8.36• NTPc Ltd. Power 8.04• IcIcI Bank Ltd. Banks 7.48• Infosys Ltd. Software 6.76• Reliance Industries Ltd. Petroleum Products 5.91• ITc Ltd. consumer Non Durables 5.58• HDFc Bank Ltd. Banks 4.20• GAIL (India) Ltd. Gas 3.67• Bharat Petroleum
corporation Ltd. Petroleum Products 3.19• Indian Hotels company Ltd. Hotels/Resorts & Other
Recreational Activities 2.67Apollo Tyres Ltd. Auto Ancillaries 2.23Prestige estates Projects Ltd. construction 2.03Trent Ltd. Retailing 2.00Gujarat State Petronet Ltd. Gas 1.88Tata Motors Ltd. DVR Auto 1.84Max Financial Services Ltd. Finance 1.79NHPc Ltd. Power 1.72Divis Laboratories Ltd. Pharmaceuticals 1.68Tata Global Beverages Ltd. consumer Non
Durables 1.62Glenmark Pharmaceuticals Ltd. Pharmaceuticals 1.53Hindustan Petroleum corporation Ltd. Petroleum Products 1.52Tata chemicals Ltd. chemicals 1.52Mindtree consulting Ltd. Software 1.51Info edge (India) Ltd. Software 1.49castrol India Ltd. Petroleum Products 1.40Torrent Pharmaceuticals Ltd. Pharmaceuticals 1.37Vedanta Ltd. Non - Ferrous Metals 1.34exide Industries Ltd. Auto Ancillaries 1.32Bharat Heavy electricals Ltd. Industrial capital Goods 1.26Indraprastha Gas Ltd. Gas 1.21Oil India Ltd. Oil 1.19canara Bank Banks 1.15Solar Industries India Ltd. chemicals 1.13Shriram Transport Finance company Ltd. Finance 0.86emami Ltd. consumer Non Durables 0.82Reliance Nippon Life Asset Management Ltd. Finance 0.80
Company Industry+ % to NAV
cESc Ltd. Power 0.76Power Grid corporation of India Ltd. Power 0.72Mahanagar Gas Ltd. Gas 0.69Dilip Buildcon Ltd. construction Project 0.68NBcc (INDIA) Ltd. construction 0.58Union Bank of India Banks 0.46Indian Bank Banks 0.45Tata Steel Ltd. Ferrous Metals 0.43NLc India Ltd. Power 0.38Reliance Power Ltd. Power 0.19Larsen and Toubro Ltd. construction Project 0.16Sub Total 99.57cash, cash Equivalents and Net current Assets 0.43
Grand Total 100.00
• Top Ten Holdings
PORTFOLIO
Industry Allocation of Equity Holding (% of Net Assets)
0.430.841.191.261.341.842.002.612.652.673.453.554.58
7.458.02
9.7611.8112.02
22.10
0 5 10 15 20 25
Ferrous MetalsConstruction Project
OilIndustrial Capital Goods
Non - Ferrous MetalsAuto
RetailingConstruction
ChemicalsHotels, Resorts & Other Recreational Activities
FinanceAuto AncillariesPharmaceuticals
GasConsumer Non Durables
SoftwarePower
Petroleum ProductsBanks
SiP PERFORMANCE ^ - Regular plan - growth OptionSince Inception
SIP15 year
SIP10 year
SIP5 year
SIP3 year
SIP1 year
SIPTotal Amount Invested (` ‘000) 3,030.00 1,800.00 1,200.00 600.00 360.00 120.00 Mkt Value As on April 30, 2019 (` ‘000) $$ 20,215.78 4,245.89 2,087.98 742.93 404.36 125.19 Returns (%) $$ 12.88 10.66 10.68 8.49 7.72 8.18 Benchmark Returns (%) # N.A. N.A. 13.61 11.32 9.22 4.43 Additional Benchmark Returns (%) ## 13.73 13.09 12.32 12.61 15.17 15.23
Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. cAGR returns are computed after accounting for the cash flow by using xIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
April 2019 11
CATEgORY OF SCHEME: FOcUSED FUND
KEY FACTS
iNVESTMENT OBjECTiVE
To generate long term capital appreciation/income by investing in equity & equity related instruments of up to 30 companies.
There is no assurance that the investment objective of the Scheme will be realized.
CATEgORY OF SCHEME: Focused Fund
FUND MANAgER ¥
Vinay Kulkarni (since November 21, 06)
Total Experience: Over 29 years
iNCEPTiON DATE (Date of Allotment)
September 17, 2004
NAV (AS ON APRIL 30, 2019) NAV PER UNIT (`)
Regular Plan - Growth Option 77.715Regular Plan - Dividend Option 16.481Direct Plan - Growth Option 82.014Direct Plan - Dividend Option 18.057
ASSETS UNDER MANAgEMENT (`) iN CRORE
As on April 30, 2019 460.49Average for Month of April, 2019 462.95
qUANTiTATiVE DATA
Portfolio Turnover Ratio (Last 1 year) 39.78%
Risk Ration Standard Deviation 3.883%n Beta 0.880n Sharpe Ratio* 0.109
computed for the 3-yr period ended April 30, 2019. Based on month-end NAV. * Risk free rate: 6.20%(Source: FIMMDA MIBOR)
TOTAL ExPENSE RATIO (As on April 30, 2019)Including Additional expenses and Goods and Service Tax on Management Fees
Regular: 2.65% Direct: 1.83%
#BENCHMARK iNDEX: NIFTY 500 (Total Returns Index)
##ADDl. BENCHMARK iNDEX: S&P BSe SeNSex (Total Returns Index)
EXiT lOAD
l In respect of each purchase / switch-in of Units, an exit Load of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment.
l No exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment.
For further details, please refer to para ‘Exit Load’ on Pg 52.
PLANS & OPTIONS
Regular Plan, Direct Plan. Under each Plan : Growth & Dividend. The Dividend Option offers Dividend Payout and Reinvestment facility.
MiNiMUM APPliCATiON AMOUNT
Purchase : ` 5,000 and any amount thereafter.Additional Purchase : ` 1,000 and any amount thereafter.
¥ Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years).
SiP PERFORMANCE ^ - Regular plan - growth Option
Since Inception SIP
10 year SIP
5 year SIP
3 year SIP
1 year SIP
Total Amount Invested (` ‘000) 1,760.00 1,200.00 600.00 360.00 120.00
Mkt Value As on April 30, 2019 (` ‘000) 4,350.14 2,037.84 713.96 385.85 123.18
Returns (%) 11.48 10.22 6.90 4.57 4.99
Benchmark Returns (%) # 12.42 12.18 11.11 10.71 8.86
Additional Benchmark Returns (%) ## 12.76 12.32 12.61 15.17 15.23
Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. cAGR returns are computed after accounting for the cash flow by using xIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 18 Last 1 Year -3.72 2.98 12.40 9,628 10,298 11,240
Apr 29, 16 Last 3 Years 10.90 15.03 16.55 13,643 15,225 15,838
Apr 30, 14 Last 5 Years 12.72 14.27 13.28 18,207 19,489 18,664
Sep 17, 04 Since Inception 15.05 15.23 15.56 77,715 79,499 82,913
Returns greater than 1 year period are compounded annualized (cAGR). For performance of other schemes managed by Vinay Kulkarni, please refer page 52. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 58.
Face Value per Unit: ` 10 unless otherwise specified, + Industry classification as recommended by AMFI, Data is as of April 30, 2019 unless otherwise specified.
This product is suitable for investors who are seeking ~
l to generate long-term capital appreciation / income
l investments in equity & equity related instruments of up to 30 companies
Riskometer
Investors understand that their principal will be at moderately high risk
~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
An open ended equity scheme investing in maximum 30 stocks in large-cap, mid-cap and small-cap category (i.e. Multi-Cap)HDFC Focused 30 Fund
Company Industry+ / Rating % to NAV
EqUiTY & EqUiTY RElATED
• IcIcI Bank Ltd. Banks 8.38
• HDFc Bank Ltd. Banks 8.05
• State Bank of India Banks 7.81
• NTPc Ltd. Power 7.48
• Infosys Ltd. Software 7.11
• ITc Ltd. consumer Non Durables 6.10
• Tata Steel Ltd. Ferrous Metals 5.43
• Hindustan Petroleum corporation Ltd. Petroleum Products 3.79
• Bharat Petroleum corporation Ltd. Petroleum Products 3.66
• Vedanta Ltd. Non - Ferrous Metals 3.51
NHPc Ltd. Power 3.27
Kalpataru Power Transmission Ltd. Power 3.24
GAIL (India) Ltd. Gas 3.08
Elecon Engineering comapny Ltd. Industrial capital Goods 2.96
KEc International Ltd. construction Project 2.79
Bharat electronics Ltd. Industrial capital Goods 2.53
Axis Bank Ltd. Banks 2.50
Titagarh Wagons Ltd. Industrial capital Goods 2.37
PNc Infratech Ltd. construction 2.24
Gujarat Pipavav Port Ltd. Transportation 2.14
cESc Ltd. Power 2.13
Tata Motors Ltd. DVR Auto 1.78
coal India Ltd. Minerals/Mining 1.59
Company Industry+ / Rating % to NAV
Transport corporation of India Ltd. Transportation 1.26
Bharat Heavy electricals Ltd. Industrial capital Goods 1.23
Tata Motors Ltd. Auto 0.93
Sub Total 97.36
cash, cash Equivalents and Net current Assets 2.64
Grand Total 100.00
• Top Ten Holdings
PORTFOLIO
Industry Allocation of Equity Holding (% of Net Assets)
1.59
2.24
2.71
2.79
3.08
3.40
3.51
5.43
6.10
7.11
7.45
9.09
16.12
26.74
0 5 10 15 20 25 30
Minerals/Mining
Construction
Auto
Construction Project
Gas
Transportation
Non - Ferrous Metals
Ferrous Metals
Consumer Non Durables
Software
Petroleum Products
Industrial Capital Goods
Power
Banks
12 April 2019
CATEgORY OF SCHEME: THEMATIc FUND
KEY FACTS
iNVESTMENT OBjECTiVE
To seek long-term capital appreciation/income by investing predominantly in equity and equity related securities of companies engaged in or expected to benefit from the growth and development of infrastructure.There is no assurance that the investment objective of the Scheme will be realized.
CATEgORY OF SCHEME: Thematic Fund
FUND MANAgER ¥
Srinivas Rao Ravuri (since March 10, 2008 *)
Total Experience: Over 23 years*The scheme was co-managed by Srinivas Rao Ravuri with Prashant Jain from inception till March 19, 17
iNCEPTiON DATE (Date of Allotment)
March 10, 2008
NAV (AS ON APRIL 30, 2019) NAV PER UNIT (`)
Regular Plan - Growth Option 16.552Regular Plan - Dividend Option 9.880Direct Plan - Growth Option 17.425Direct Plan - Dividend Option 13.369
ASSETS UNDER MANAgEMENT (`) iN CRORE
As on April 30, 2019 828.43Average for Month of April, 2019 854.82
qUANTiTATiVE DATA
Portfolio Turnover Ratio (Last 1 year) 19.83%
Risk Ration Standard Deviation 6.357%n Beta 1.414n Sharpe Ratio* 0.014computed for the 3-yr period ended April 30, 2019. Based on month-end NAV. * Risk free rate: 6.20%(Source: FIMMDA MIBOR)
TOTAL ExPENSE RATIO (As on April 30, 2019)Including Additional expenses and Goods and Service Tax on Management Fees
Regular: 2.48% Direct: 1.73%
#BENCHMARK iNDEX: NIFTY 500 (Total Returns Index)##ADDl. BENCHMARK iNDEX: NIFTY 50 (Total Returns Index)
EXiT lOAD
l In respect of each purchase / switch-in of Units, an exit Load of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment.
l No exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment.
For further details, please refer to para ‘Exit Load’ on Pg 52.
PLANS & OPTIONS
Regular Plan, Direct Plan. Under each Plan : Growth & Dividend. The Dividend Option offers Dividend Payout and Reinvestment facility.
MiNiMUM APPliCATiON AMOUNT
Purchase : ` 5,000 and any amount thereafter.Additional Purchase : ` 1,000 and any amount thereafter.
¥ Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years).
SiP PERFORMANCE ^ - Regular plan - growth Option
Since Inception SIP
10 year SIP
5 year SIP
3 year SIP
1 year SIP
Total Amount Invested (` ‘000) 1,340.00 1,200.00 600.00 360.00 120.00 Mkt Value As on April 30, 2019 (` ‘000) 1,935.04 1,593.06 601.50 341.28 120.15 Returns (%) 6.38 5.53 0.10 -3.45 0.23 Benchmark Returns (%) # 12.57 12.18 11.11 10.71 8.86 Additional Benchmark Returns (%) ## 12.37 12.10 12.16 13.97 14.87
Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. cAGR returns are computed after accounting for the cash flow by using xIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 18 Last 1 Year -16.39 2.98 10.84 8,361 10,298 11,084Apr 29, 16 Last 3 Years 4.99 15.03 15.91 11,573 15,225 15,580Apr 30, 14 Last 5 Years 8.22 14.27 13.32 14,845 19,489 18,693Mar 10, 08 Since Inception 4.63 9.68 9.65 16,552 28,016 27,933
Returns greater than 1 year period are compounded annualized (cAGR). For performance of other schemes managed by Srinivas Rao Ravuri, please refer page 52. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 59.
Face Value per Unit: ` 10 unless otherwise specified, + Industry classification as recommended by AMFI, Data is as of April 30, 2019 unless otherwise specified.
This product is suitable for investors who are seeking ~
l to generate long-term capital appreciation / income
l investment predominantly in equity and equity related securities of companies engaged in or expected to benefit from the growth and development of infrastructure
Riskometer
Investors understand that their principal will be at high risk
~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them. ^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
(An open ended equity scheme following infrastructure theme)HDFC Infrastructure Fund
Company Industry+ % to NAV
EqUiTY & EqUiTY RElATED
• IcIcI Bank Ltd. Banks 9.74
• State Bank of India Banks 9.03
• Larsen and Toubro Ltd. construction Project 7.89
• cESc Ltd. Power 4.69
• NTPc Ltd. Power 4.39
• JMc Projects (India) Ltd. construction 4.06
• Bharat Petroleum corporation Ltd. Petroleum Products 3.98
• Bank of Baroda Banks 3.73
• Texmaco Rail & Engineering Ltd. Industrial capital Goods 3.60
• coal India Ltd. Minerals/Mining 3.09
Hindustan construction company Ltd. construction Project 2.97
centum Electronics Ltd. Industrial capital Goods 2.83
Rural electrification corporation Ltd. Finance 2.71
canara Bank Banks 2.41
Premier explosives Ltd. chemicals 2.29
Dilip Buildcon Ltd. construction Project 2.20
Gujarat State Petronet Ltd. Gas 2.17
BeML Ltd. Industrial capital Goods 2.07
Dynamatic Technologies Ltd. Auto Ancillaries 2.07
Power Finance corporation Ltd. Finance 2.05
Gujarat Pipavav Port Ltd. Transportation 1.96
Tata Steel Ltd. Ferrous Metals 1.87
Ashoka Buildcon Ltd. construction Project 1.74
J.Kumar Infraprojects Ltd. construction 1.55
Vedanta Ltd. Non - Ferrous Metals 1.55
Punjab National Bank Banks 1.20
Siemens Ltd. Industrial capital Goods 1.19
IRcON International Ltd. construction Project 1.14
RITeS Ltd. construction Project 1.12
Simplex Infrastructures Ltd. construction 1.10
cG Power and Industrial Solutions Ltd. Industrial capital Goods 1.04
Company Industry+ % to NAV
Sadbhav Infrastructure Project Ltd. (corporate Guarantee of Sadbhav engineering Ltd.) construction Project 1.00
B L Kashyap & Sons Ltd. construction 0.96
MeP Infrastructure Developers Ltd. Transportation 0.69
corporation Bank Banks 0.54
Oriental Bank of commerce Banks 0.28
Transformers & Rectifiers India Ltd. Industrial capital Goods 0.26
Elecon Engineering comapny Ltd. Industrial capital Goods 0.19
Sub Total 97.35
cash, cash Equivalents and Net current Assets 2.65
Grand Total 100.00
• Top Ten Holdings
PORTFOLIO
Industry Allocation of Equity Holding (% of Net Assets)
1.55
1.87
2.07
2.17
2.29
2.65
3.09
3.98
4.76
7.67
9.08
11.18
18.06
26.93
0 5 10 15 20 25 30
Non - Ferrous Metals
Ferrous Metals
Auto Ancillaries
Gas
Chemicals
Transportation
Minerals/Mining
Petroleum Products
Finance
Construction
Power
Industrial Capital Goods
Construction Project
Banks
April 2019 13
Face Value per Unit: ` 10 unless otherwise specified, + Industry classification as recommended by AMFI, Data is as of April 30, 2019 unless otherwise specified. ....contd on next page
Note: ¤ Effective close of business hours of June 1, 2018, HDFc Prudence Fund merged with HDFc Growth Fund (HDFc Balanced Advantage Fund after changes in fundamental attributes). As the portfolio characteristics and the broad investment strategy of HDFc Balanced Advantage Fund is similar to that of erstwhile HDFc Prudence Fund, the track record (i.e. since inception date, dividend history, etc.) and past performance of erstwhile HDFc Prudence Fund has been considered, in line with SEBI circular on Performance disclosure post consolidation/ merger of scheme dated April 12, 2018.
(An open ended balanced advantage fund)HDFC Balanced Advantage Fund ¤
Company Industry+ / Rating % to NAV
EqUiTY & EqUiTY RElATED
• IcIcI Bank Ltd. Banks 9.64
• State Bank of India Banks 8.85
• Infosys Ltd. Software 8.49
• Larsen and Toubro Ltd. construction Project 6.62
• NTPc Ltd. Power 3.98
• Reliance Industries Ltd. Petroleum Products 3.59
• Power Grid corporation of India Ltd. Power 3.22
• ITc Ltd. consumer Non Durables 2.78
Power Finance corporation Ltd. Finance 2.74
coal India Ltd. Minerals/Mining 2.66
Axis Bank Ltd. Banks 2.10
GAIL (India) Ltd. Gas 2.10
Tata Steel Ltd. Ferrous Metals 1.98
Bharat Petroleum corporation Ltd. Petroleum Products 1.78
Aurobindo Pharma Ltd. Pharmaceuticals 1.72
HDFc Bank Ltd. Banks 1.67
Rural electrification corporation Ltd. Finance 1.65
Hindustan Petroleum corporation Ltd. Petroleum Products 1.43
Tata consultancy Services Ltd. Software 1.38
Bank of Baroda Banks 1.10
Punjab National Bank Banks 1.00
cipla Ltd. Pharmaceuticals 0.98
Tata chemicals Ltd. chemicals 0.91
Solar Industries India Ltd. chemicals 0.84
Just Dial Ltd. Software 0.83
Vedanta Ltd. Non - Ferrous Metals 0.81
chambal Fertilizers & chemicals Ltd. Fertilisers 0.75
canara Bank Banks 0.64
Apollo Tyres Ltd. Auto Ancillaries 0.62
Siemens Ltd. Industrial capital Goods 0.50
Gujarat Pipavav Port Ltd. Transportation 0.48
NHPc Ltd. Power 0.47
Apar Industries Ltd. Industrial capital Goods 0.38
cESc Ltd. Power 0.38
Savita Oil Technologies Ltd. Petroleum Products 0.38
Ashoka Buildcon Ltd. construction Project 0.37
BeML Ltd. Industrial capital Goods 0.28
Mishra Dhatu Nigam Ltd. Ferrous Metals 0.28
Company Industry+ / Rating % to NAV
Orient cement Ltd. cement 0.28
Union Bank of India Banks 0.23
Steel Authority Of India Ltd. Ferrous Metals 0.22
Time Technoplast Ltd. Industrial Products 0.21
ABB India Ltd. Industrial capital Goods 0.20
JMc Projects (India) Ltd. construction 0.20
cochin Shipyard Ltd. Industrial capital Goods 0.18
Kirloskar Pneumatic Ltd. Industrial Products 0.14
corporation Bank Banks 0.13
Dynamatic Technologies Ltd. Auto Ancillaries 0.12
Garden Reach Shipbuilders & engineers Ltd. Aerospace & Defence 0.11
Gujarat Industries Power company Ltd. Power 0.11
Texmaco Rail & engineering Ltd. Industrial capital Goods 0.10
cG Power and Industrial Solutions Ltd. Industrial capital Goods 0.09
S chand and company Ltd. Media & entertainment 0.09
Sagar cements Ltd. cement 0.09
Titagarh Wagons Ltd. Industrial capital Goods 0.09
MeP Infrastructure Developers Ltd. Transportation 0.07
Oriental Bank of commerce Banks 0.07
Bharat Dynamics Ltd. Aerospace & Defence 0.06
Hindustan construction company Ltd. construction Project 0.06
J.Kumar Infraprojects Ltd. construction 0.06
RITeS Ltd. construction Project 0.06
Ramco Systems Ltd. Software 0.05
Syndicate Bank Banks 0.05
Future Supply chain Solutions Ltd. Transportation 0.03
centum Electronics Ltd. Industrial capital Goods 0.02
container corporation of India Ltd. Transportation 0.02
Elecon Engineering comapny Ltd. Industrial capital Goods 0.02
Reliance Nippon Life Asset Management Ltd. Finance 0.01
Avenue Supermarts Ltd. Retailing @
Sub Total 83.55
DEBT & DEBT RElATED
CREDiT EXPOSURE
• State Bank of India cARE - AA+ / cRISIL - AA+ 4.45
• Tata Sons Ltd. cRISIL - AAA 3.28
canara Bank cRISIL - AA 1.59
HDFc Bank Ltd. cARE - AA+ 1.49
PORTFOLIO
KEY FACTS
iNVESTMENT OBjECTiVE
To provide long term capital appreciation / income from a dynamic mix of equity and debt investments.
There is no assurance that the investment objective of the Scheme will be realized.
CATEgORY OF SCHEME: Balanced Advantage Fund
FUND MANAgER ¥
Prashant Jain (since June 20, 03)§
Total Experience: Over 27 years
iNCEPTiON DATE ¤February 01, 1994
NAV (AS ON APRIL 30, 2019) NAV PER UNIT (`)
Regular Plan - Growth Option 199.156Regular Plan - Dividend Option 29.106Direct Plan - Growth Option 207.199Direct Plan - Dividend Option 30.771
ASSETS UNDER MANAgEMENT (`) iN CRORE
As on April 30, 2019 40,783.80Average for Month of April, 2019 40,788.94
qUANTiTATiVE DATAPortfolio Turnover Ratio 14.35%Average Maturity * 2.62 yearsMacaulay Duration * 2.29 yearsModified Duration * 2.09 yearsYield to Maturity * 9.21%
* computed on the invested amount for debt portfolio.
TOTAL ExPENSE RATIO (As on April 30, 2019)Including Additional expenses and Goods and Service Tax on Management Fees
Regular: 1.78% Direct: 1.11%
#BENCHMARK iNDEX: NIFTY 50 Hybrid composite Debt 65:35 Index
##ADDl. BENCHMARK iNDEX: NIFTY 50 (Total Returns Index)
EXiT lOAD
l In respect of each purchase / switch-in of Units, upto 15% of the units may be redeemed without any exit load from the date of allotment.
l Any redemption in excess of the above limit shall be subject to the following exit load:
n exit load of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment of units.
l No exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment.
For further details, please refer to para ‘Exit Load’ on Pg 52.
PLANS & OPTIONS
Regular Plan, Direct Plan. Under each Plan : Growth & Dividend. The Dividend Option offers Dividend Payout and Reinvestment facility.
MiNiMUM APPliCATiON AMOUNT
Purchase : ` 5,000 and any amount thereafter.Additional Purchase : ` 1,000 and any amount thereafter.
¥ Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years).
§ Date of migration of erstwhile HDFc Prudence Fund from Zurich India Mutual Fund (close of business hours - June 19, 03).
(The Scheme underwent Change in Fundamental Attributes i.e. change in Asset Allocation Pattern w.e.f. March 14, 2019).
CATEgORY OF SCHEME: BALANcED ADVANTAGE FUND
14 April 2019
SiP PERFORMANCE ^ - Regular plan - growth OptionSince Inception
SIP15 year
SIP10 year
SIP5 year
SIP3 year
SIP1 year
SIPTotal Amount Invested (` ‘000) 3,030.00 1,800.00 1,200.00 600.00 360.00 120.00 Mkt Value As on April 30, 2019 (` ‘000) $$ 59,610.11 6,235.47 2,384.73 773.62 413.87 127.96 Returns (%) $$ 19.43 15.13 13.18 10.12 9.30 12.63 Benchmark Returns (%) # N.A. 11.40 10.83 10.58 11.33 12.95 Additional Benchmark Returns (%) ## N.A. 12.82 12.10 12.16 13.97 14.87
Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. cAGR returns are computed after accounting for the cash flow by using xIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
PERFORMANCE ^ - Regular plan - growth OptionDate Period Scheme
Returns (%) $$
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) $$
Benchmark (`)#
Additional Benchmark
(`)##Apr 30, 18 Last 1 Year 6.82 9.92 10.84 10,682 10,992 11,084Apr 29, 16 Last 3 Years 13.83 12.89 15.91 14,755 14,391 15,580Apr 30, 14 Last 5 Years 14.46 11.83 13.32 19,655 17,497 18,693Feb 01, 94 Since Inception 18.56 N.A. N.A. 737,069 N.A. N.A.
Returns greater than 1 year period are compounded annualized (cAGR). N.A. Not Available. Scheme performance may not strictly be comparable with that of its Additional Benchmark in view of balanced nature of the scheme where a portion of scheme’s investments are made in debt instruments. $$ All dividends declared prior to the splitting of the Scheme into Dividend & Growth Options are assumed to be reinvested in the units of the Scheme at the then prevailing NAV (ex-dividend NAV). For performance of other schemes managed by Prashant Jain, please refer page 52. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 58. For FPI Portfolio, refer page no. 65.^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
Face Value per Unit: ` 10 unless otherwise specified, + Industry classification as recommended by AMFI, Data is as of April 30, 2019 unless otherwise specified.
This product is suitable for investors who are seeking ~
l to generate long-term capital appreciation / income
l investments in a mix of equity and debt instruments
Riskometer
Investors understand that their principal will be at moderately high risk
~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Portfolio Classification By Asset Class (%)
n equity 83.55
n cP 1.19
n credit Exposure 14.08
n Mutual Fund Units 0.03
n cash, cash Equivalents and Net current Assets 1.15
Portfolio Classification By Rating Class (%)
n equity 83.55n AAA/AAA(SO)/A1+/A1+(SO) &
equivalent 4.47n AA+ 7.09n AA/AA- 2.30n A+ & Below 1.41n Mutual Fund Units 0.03n cash, cash Equivalents and Net
current Assets 1.15
(An open ended balanced advantage fund)HDFC Balanced Advantage Fund ¤ .....Contd from previous page
Company Industry+ / Rating % to NAV
IcIcI Bank Ltd. IcRA - AA+ 1.09
Punjab National Bank cARE - A+ 1.05
Union Bank of India cARE - AA- 0.71
Syndicate Bank cARE - A+ 0.31
Axis Bank Ltd. cRISIL - AA+ 0.06
Andhra Bank cARE - A+ 0.05
Sub Total 14.08
MONEY MARKET INSTRUMENTS
CD/CP
NTPc Ltd. IcRA - A1+ 0.82
Tata Sons Ltd. cRISIL - A1+ 0.37
Sub Total 1.19
Company Industry+ / Rating % to NAV
MUTUAl FUND UNiTS
HDFc SeNSex Exchange Traded Fund 0.03
Sub Total 0.03
cash, cash Equivalents and Net current Assets 1.15
Grand Total 100.00
• Top Ten Holdings, @ Less than 0.01%
PORTFOLIOIndustry Allocation of Equity Holding (% of Net Assets)
0.090.170.260.350.370.600.740.750.811.751.862.102.482.662.702.78
4.407.117.188.16
10.7525.48
0 5 10 15 20 25 30
Media & EntertainmentAerospace & Defence
ConstructionIndustrial Products
CementTransportation
Auto AncillariesFertilisers
Non - Ferrous MetalsChemicals
Industrial Capital GoodsGas
Ferrous MetalsMinerals/MiningPharmaceuticals
Consumer Non DurablesFinance
Construction ProjectPetroleum Products
PowerSoftware
Banks
April 2019 15
CATEgORY OF SCHEME: AGGRESSIVE HYBRID FUND
Face Value per Unit: ` 10 unless otherwise specified, + Industry classification as recommended by AMFI, Data is as of April 30, 2019 unless otherwise specified.
Note: ¤ Effective close of business hours of June 1, 2018, HDFc Balanced Fund merged with HDFc Premier Multi cap Fund (HDFc Hybrid Equity Fund after changes in fundamental attributes). As the portfolio characteristics and the broad investment strategy of HDFc Hybrid Equity Fund is similar to that of erstwhile HDFc Balanced Fund, the track record (i.e. since inception date dividend history, etc) and past performance of erstwhile HDFc Balanced Fund has been considered, in line with SEBI circular on Performance disclosure post consolidation/ merger of scheme dated April 12, 2018.
Company Industry+ / Rating % to NAV
EqUiTY & EqUiTY RElATED
• HDFc Bank Ltd. Banks 7.69
• IcIcI Bank Ltd. Banks 5.03
• Infosys Ltd. Software 4.75
• Housing Development Finance corporation Ltd. £ Finance 4.11
• ITc Ltd. consumer Non Durables 3.39
• Larsen and Toubro Ltd. construction Project 3.09
• Aurobindo Pharma Ltd. Pharmaceuticals 2.69
• Axis Bank Ltd. Banks 2.57
Reliance Industries Ltd. Petroleum Products 2.45
State Bank of India Banks 2.16
Aarti Industries Ltd. chemicals 1.67
UPL Ltd. Pesticides 1.60
Indusind Bank Ltd. Banks 1.45
SKF India Ltd. Industrial Products 1.34
Power Grid corporation of India Ltd. Power 1.28
Bharat electronics Ltd. Industrial capital Goods 1.27
Voltas Ltd. consumer Durables 1.27
Tata Steel Ltd. Ferrous Metals 1.24
Balkrishna Industries Ltd. Auto Ancillaries 1.08
Hindustan Petroleum corporation Ltd. Petroleum Products 1.04
KEc International Ltd. construction Project 1.02
Indian Hotels company Ltd. Hotels/Resorts & Other Recreational Activities 0.95
Bank of Baroda Banks 0.94
cholamandalam Financial Holdings Ltd. Finance 0.91
Atul Ltd. chemicals 0.90
Bharti Airtel Ltd.* Telecom - Services 0.78
Vedanta Ltd. Non - Ferrous Metals 0.78
Tube Investments of India Ltd. Auto Ancillaries 0.70
Hexaware Technologies Ltd. Software 0.64
NIIT Technologies Ltd. Software 0.63
Tata consultancy Services Ltd. Software 0.63
Mahindra Holidays & Resorts Ind Ltd.
Hotels/Resorts & Other Recreational Activities 0.62
Bharat Petroleum corporation Ltd. Petroleum Products 0.59
Sadbhav engineering Ltd. construction Project 0.56
Yes Bank Ltd. Banks 0.53
PNc Infratech Ltd. construction 0.49
Edelweiss Financial Services Ltd. Finance 0.44
Petronet LNG Ltd. Gas 0.44
Company Industry+ / Rating % to NAV
Vardhman Textiles Ltd. Textiles - cotton 0.42
VST Industries Ltd. consumer Non Durables 0.42
Ipca Laboratories Ltd. Pharmaceuticals 0.39
Redington (India) Ltd. Transportation 0.37
Sharda cropchem Ltd. Pesticides 0.37
Allahabad Bank Banks 0.36
Torrent Pharmaceuticals Ltd. Pharmaceuticals 0.36
Zensar Technologies Ltd. Software 0.36
Tamilnadu Newsprint & Papers Ltd. Paper 0.35
Kalpataru Power Transmission Ltd. Power 0.32
Tata Motors Ltd. DVR Auto 0.31
carborundum Universal Ltd. Industrial Products 0.29
Jagran Prakashan Ltd. Media & entertainment 0.25
IcIcI Securities Ltd. Finance 0.20
MM Forgings Ltd. Industrial Products 0.15
Navneet education Ltd. Media & entertainment 0.15
Greenply Industries Ltd. consumer Durables 0.14
Persistent Systems Ltd. Software 0.13
IFB Industries Ltd. consumer Durables 0.11
Atul Auto Ltd. Auto 0.08
Insecticides (India) Ltd. Pesticides 0.05
Sub Total 69.30
DEBT & DEBT RElATED
gOVERNMENT SECURiTiES (CENTRAl/STATE)
7.16 GOI 2023 Sovereign 1.43
6.84 GOI 2022 Sovereign 1.33
8.2 GOI 2025 Sovereign 0.81
7.35 GOI 2024 Sovereign 0.67
8.08 GOI 2022 Sovereign 0.60
7.72 GOI 2025 Sovereign 0.45
8.24 GOI 2033 Sovereign 0.44
8.15 GOI 2022 Sovereign 0.37
7.68 GOI 2023 Sovereign 0.36
8.83 GOI 2023 Sovereign 0.25
8.4 GOI 2024 Sovereign 0.23
8.35 GOI 2022 Sovereign 0.19
8.6 GOI 2028 Sovereign 0.19
6.35 GOI 2020 Sovereign 0.17
7.8 GOI 2020 Sovereign 0.11
8.12 GOI 2020 Sovereign 0.10
8.13 GOI 2045 Sovereign 0.09
8.2 GOI 2022 Sovereign 0.01
SUB TOTAL 7.80
(An open ended hybrid scheme investing predominantly in equity and equity related instruments)HDFC Hybrid Equity Fund ¤
PORTFOLIO
KEY FACTS
INVESTMENT OBjECTiVE
The investment objective of the Scheme is to generate capital appreciation / income from a portfolio, predominantly of equity & equity related instruments. The Scheme will also invest in debt and money market instruments.
There is no assurance that the investment objective of the Scheme will be realized.
CATEgORY OF SCHEME: Aggressive Hybrid Fund
FUND MANAgER ¥
Chirag Setalvad (since April 2, 07) ¤
Total Experience: Over 21 years
iNCEPTiON DATE ¤September 11, 2000
NAV (AS ON APRIL 30, 2019) NAV PER UNIT (`)
Regular Plan - Growth Option 53.825Regular Plan - Dividend Option 11.878Direct Plan - Growth Option 56.087Direct Plan - Dividend Option 12.593
ASSETS UNDER MANAgEMENT (`) iN CRORE
As on April 30, 2019 22,383.77Average for Month of April, 2019 22,555.94
qUANTiTATiVE DATA
Portfolio Turnover Ratio (Last 1 year) 8.73%Average Maturity * 2.95 yearsMacaulay Duration * 2.45 yearsModified Duration * 2.29 yearsYield to Maturity * 7.98%
* computed on the invested amount for debt portfolio.
TOTAL ExPENSE RATIO (As on April 30, 2019)Including Additional expenses and Goods and Service Tax on Management Fees
Regular: 1.81% Direct: 1.12%
#BENCHMARK iNDEX: NIFTY 50 Hybrid composite Debt 65:35 Index
##ADDl. BENCHMARK iNDEX: NIFTY 50 (Total Returns Index)
EXiT lOAD
l In respect of each purchase/switch-in of Units, upto 15% of the units may be redeemed without any exit load from the date of allotment.
l Any redemption in excess of the above limit shall be subject to the following exit load:
n exit load of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment of units.
l No exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment.
For further details, please refer to para ‘Exit Load’ on Pg 52.
PLANS & OPTIONS
Regular Plan, Direct Plan. Under each Plan : Growth & Dividend. The Dividend Option offers Dividend Payout and Reinvestment facility.
MiNiMUM APPliCATiON AMOUNT
Purchase : ` 5,000 and any amount thereafter.Additional Purchase : ` 1,000 and any amount thereafter.
SEgMENT-WiSE BREAK-UP OF EqUiTY HOlDiNgS (% OF NET ASSETS)
Large cap 49.55%Mid cap 11.41%Small cap 8.34%
¥ Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years).
16 April 2019
Company Industry+ / Rating % to NAV
CREDiT EXPOSURE
• Tata Sons Ltd. cRISIL - AAA 4.31
• LIc Housing Finance Ltd. cARE - AAA / cRISIL - AAA 2.54
Power Finance corporation Ltd. cARE - AAA / cRISIL - AAA / IcRA - AAA 2.27
National Bank for Agriculture and Rural Development cRISIL - AAA 1.55
Axis Bank Ltd. cRISIL - AA+ 1.52
Housing Development Finance corporation Ltd. £ cRISIL - AAA 1.25
L&T Finance Ltd. cARE - AAA 1.16
Small Industries Development Bank cARE - AAA 1.13
ONGc Petro additions Ltd. (OPAL) (Put on ONGc Ltd.) cRISIL - AAA(SO) 0.89
Rural electrification corporation Ltd.
cARE - AAA / cRISIL - AAA / IND - AAA 0.68
Shriram Transport Finance company Ltd. cRISIL - AA+ 0.66
National Highways Authority of India cARE - AAA 0.56
Punjab National Bank cARE - A+ 0.42
cholamandalam Investment & Finance IcRA - AA+ 0.34
Company Industry+ / Rating % to NAV
HDFc Bank Ltd. cRISIL - AAA 0.22
State Bank of India cRISIL - AA+ 0.22
Oriental Bank of commerce cARE - A+ 0.13
Syndicate Bank cARE - A+ 0.13
IcIcI Bank Ltd. cARE - AAA 0.11
Andhra Bank cARE - A+ 0.09
Hindalco Industries Ltd. cRISIL - AA 0.05
Tata capital Financial Services Ltd. IcRA - AAA 0.04
Sub Total 20.27
Total 28.07
MUTUAl FUND UNiTS
HDFc NIFTY 50 Exchange Traded Fund 0.70
Sub Total 0.70
cash, cash Equivalents and Net current Assets 1.93
gRAND TOTAl 100.00
l Top Ten Holdings, £ co-sponsor, * Includes Rights entitlement
SiP PERFORMANCE ^ - Regular plan - growth Option
Since Inception SIP
15 year SIP
10 year SIP
5 year SIP
3 year SIP
1 year SIP
Total Amount Invested (` ‘000) 2,240.00 1,800.00 1,200.00 600.00 360.00 120.00 Mkt Value As on April 30, 2019 (` ‘000) 12,482.23 6,138.02 2,511.78 773.78 408.14 125.45 Returns (%) 16.22 14.95 14.15 10.13 8.35 8.60 Benchmark Returns (%) # N.A. 11.40 10.83 10.58 11.33 12.95 Additional Benchmark Returns (%) ## 14.87 12.82 12.10 12.16 13.97 14.87
Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. cAGR returns are computed after accounting for the cash flow by using xIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 18 Last 1 Year 2.54 9.92 10.84 10,254 10,992 11,084Apr 29, 16 Last 3 Years 12.55 12.89 15.91 14,260 14,391 15,580Apr 30, 14 Last 5 Years 15.02 11.83 13.32 20,135 17,497 18,693Sep 11, 00 Since Inception 15.80 N.A. 13.42 154,138 N.A. 104,581
Returns greater than 1 year period are compounded annualized (cAGR). N.A. Not Available. Scheme performance may not strictly be comparable with that of its Additional Benchmark in view of balanced nature of the scheme where a portion of scheme’s investments are made in debt instruments. For performance of other schemes managed by chirag Setalvad, please refer page 52. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 58.
^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
Face Value per Unit: ` 10 unless otherwise specified, + Industry classification as recommended by AMFI, Data is as of April 30, 2019 unless otherwise specified.
PORTFOLIO
This product is suitable for investors who are seeking ~
l to generate long-term capital appreciation / income.
l investments predominantly in equity & equity related instruments. The Scheme will also invest in debt and money market instruments.
Riskometer
Investors understand that their principal will be at moderately high risk
~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
PORTFOliO ClASSiFiCATiON BY ASSET ClASS (%)
equity 69.30
G-Sec 7.80
credit Exposure 20.27
Mutual Fund Units 0.70cash, cash Equivalents and Net current Assets 1.93
PORTFOliO ClASSiFiCATiON BY RATiNg ClASS (%)
n equity 69.30n Sovereign 7.80n AAA/AAA(SO)/A1+/A1+(SO) &
equivalent 16.71n AA+ 2.74n AA/AA- 0.05n A+ & Below 0.77n Mutual Fund Units 0.70n cash, cash Equivalents and Net
current Assets 1.93
(An open ended hybrid scheme investing predominantly in equity and equity related instruments)HDFC Hybrid Equity Fund ¤ .....Contd from previous page
Industry Allocation of Equity Holding (% of Net Assets)
0.250.350.370.390.400.420.440.490.780.781.241.271.571.601.781.782.022.573.443.814.08
5.665.947.14
20.73
0 5 10 15 20 25Consumer Durables
PaperTransportation
AutoMedia & Entertainment
Textiles - CottonGas
ConstructionNon - Ferrous Metals
Telecom -ServicesFerrous Metals
Industrial Capital GoodsHotels, Resorts & Other Recreational Activities
PowerAuto Ancillaries
Industrial ProductsPesticidesChemicals
PharmaceuticalsConsumer Non Durables
Petroleum ProductsFinance
Construction ProjectSoftware
Banks
April 2019 17
SiP PERFORMANCE ^ - Regular plan - growth Option
Since Inception SIP
10 year SIP
5 Year SIP
3 Year SIP
1 Year SIP
Total Amount Invested (` ‘000) 1,650.00 1,200.00 600.00 360.00 120.00 Mkt Value As on April 30, 2019 (` ‘000) 3,138.65 1,855.13 706.25 390.39 124.04 Returns (%) 8.86 8.44 6.47 5.35 6.36 Benchmark Returns (%) # N.A. N.A. N.A. N.A. N.A. Additional Benchmark Returns (%) ## 11.90 12.10 12.16 13.97 14.87
Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. cAGR returns are computed after accounting for the cash flow by using xIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 2.26 9.44 11.23 10,226 10,944 11,123Apr 29, 16 Last 3 Years 7.19 11.84 15.91 12,318 13,992 15,580Apr 30, 14 Last 5 Years 8.35 11.01 13.32 14,933 16,863 18,693Aug 17, 05 Since Inception 8.89 N.A. 13.65 32,135 N.A. 57,812
Returns greater than 1 year period are compounded annualized (cAGR). N.A. Not Available. The Scheme formerly, a debt oriented hybrid fund, has undergone change in Fundamental attributes w.e.f. May 23, 2018 and become a multi asset fund investing in equities, debt and gold. Accordingly, the Scheme’s benchmark has also changed. Hence, the performance of the Scheme from inception till May 22, 2018 may not strictly be comparable with those of the new benchmark and the additional benchmark. Scheme performance may not strictly be comparable with that of its Additional Benchmark in view of hybrid nature of the scheme where a portion of scheme’s investments are made in debt instruments and gold. For performance of other schemes managed by chirag Setalvad (Equities), Anil Bamboli (Debt) and Krishan Kumar Daga (Gold), please refer page 52. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 64.
Face Value per Unit: ` 10 unless otherwise specified, + Industry classification as recommended by AMFI, Data is as of April 30, 2019 unless otherwise specified.
This product is suitable for investors who are seeking ~
l to generate long-term capital appreciation/incomel investments in a diversified portfolio of equity & equity
related instruments, debt & money market instruments and Gold
Riskometer
Investors understand that their principal will be at moderately high risk
~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
(An open ended scheme investing in equity and equity related instruments, debt & money market instruments and gold)HDFC Multi-Asset Fund
Industry Allocation of Equity Holding (% of Net Assets)
0.290.400.410.620.820.871.692.082.373.113.324.104.354.555.05
6.717.08
10.1417.07
0 2 4 6 8 10 12 14 16 18
Non - Ferrous MetalsPower
Ferrous MetalsIndustrial Capital GoodsMedia & Entertainment
Telecom - ServicesPesticides
TransportationAuto
Consumer DurablesConsumer Non Durables
Auto AncillariesIndustrial Products
FinanceConstruction ProjectPetroleum Products
ChemicalsSoftware
Banks
KEY FACTS
iNVESTMENT OBjECTiVEThe objective of the Scheme is to generate long term capital appreciation/income by investing in a diversified portfolio of equity & equity related instruments, debt & money market instruments and Gold.There is no assurance that the investment objective of the Scheme will be realized.
CATEgORY OF SCHEME: Multi Asset Allocation Fund
FUND MANAgER ¥
Chirag Setalvad (equities) (since April 2, 07)
Total Experience - Over 21 years &Anil Bamboli (Debt) (since August 17, 05)
Total Experience: Over 23 yearsKrishan Kumar Daga (Gold) (since May 23, 18)
Total Experience: Over 22 years
iNCEPTiON DATE (Date of Allotment)August 17, 2005
NAV (AS ON APRIL 30, 2019) NAV PER UNIT (`)Regular Plan - Growth Option 32.135Regular Plan - Dividend Option 11.457Direct Plan - Growth Option 33.335Direct Plan - Dividend Option 12.478
ASSETS UNDER MANAgEMENT (`) iN CROREAs on April 30, 2019 149.81Average for Month of April, 2019 152.00
qUANTiTATiVE DATAPortfolio Turnover Ratio 92.84%
TOTAL ExPENSE RATIO (As on April 30, 2019)Including Additional expenses and Goods and Service Tax on Management FeesRegular: 2.64% Direct: 2.18%
#BENCHMARK iNDEX: 90% NIFTY 50 Hybrid composite Debt 65:35 Index + 10% Domestic Price of Gold##ADDl. BENCHMARK iNDEX: NIFTY 50 (Total Returns Index)
EXiT lOADl In respect of each purchase / switch-in of Units, 15% of the
units (“the limit”) may be redeemed without any exit Load from the date of allotment.
l Any redemption in excess of the above limit shall be subject to the following exit load:
t exit Load of 1.00% is payable if units are redeemed / switched out within 12 months from the date of allotment.
l No exit Load is payable if units are redeemed / switched out after 12 months from the date of allotment.
For further details, please refer to para ‘Exit Load’ on Pg 52.
PLANS & OPTIONSRegular Plan, Direct Plan. Under each Plan : Growth & Dividend. The Dividend Option offers Dividend Payout and Reinvestment facility.
MiNiMUM APPliCATiON AMOUNTPurchase : ` 5,000 and any amount thereafter.Additional Purchase : ` 1,000 and any amount thereafter.
¥ Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years).
(The Scheme underwent Change in Fundamental Attributes i.e. change in Asset Allocation Pattern w.e.f. March 14, 2019).
Portfolio Classification By Asset Class (%)
n equity 75.03
n Gold 9.13
n cash, cash Equivalents and Net current Assets 15.84
Portfolio Classification By Rating Class (%)
n equity 75.03n Gold 9.13n cash, cash Equivalents and Net
current Assets 15.84
cash and cash Equivalents include overnight deployment of cash in Tri-Party Repos
CATEgORY OF SCHEME: MULTI ASSET ALLOcATION FUND
18 April 2019
Company Industry+ / Rating % to NAV (Hedged & Unhedged)
% exposure of Derivative
EqUiTY & EqUiTY RElATED
• HDFc Bank Ltd. Banks 8.37 0.00
• Reliance Industries Ltd. Petroleum Products 4.56 0.00
• Infosys Ltd. Software 3.95 0.00
• IcIcI Bank Ltd. Banks 3.86 0.00
• Larsen and Toubro Ltd. construction Project 3.33 0.00
• Housing Development Finance corporation Ltd. £ Finance 3.17 0.00
• NIIT Technologies Ltd. Software 2.94 0.00
• Oriental carbon & chemicals Ltd. chemicals 2.83 0.00
• State Bank of India Banks 2.77 0.00
ITc Ltd. consumer Non Durables 2.44 0.00
Aarti Industries Ltd. chemicals 2.17 0.00
Bajaj electricals Ltd. consumer Durables 2.10 0.00
Gujarat Fluorochemicals Ltd. chemicals 2.08 0.00
Redington (India) Ltd. Transportation 2.08 0.00
Balkrishna Industries Ltd. Auto Ancillaries 1.95 0.00
Sonata Software Ltd. Software 1.90 0.00
KEc International Ltd. construction Project 1.72 0.00
Sharda cropchem Ltd. Pesticides 1.69 0.00
Shaily engineering Plastics Ltd. Industrial Products 1.63 0.00
Gabriel India Ltd. Auto Ancillaries 1.53 0.00
Rural Electrification corporation Ltd. Finance 1.38 0.00
Bharat Petroleum corporation Ltd. Petroleum Products 1.37 0.00
Tata Motors Ltd. DVR Auto 1.37 0.00
Firstsource Solutions Ltd. Software 1.35 0.00
Axis Bank Ltd. Banks 1.25 0.00
Company Industry+ / Rating % to NAV (Hedged & Unhedged)
% exposure of Derivative
carborundum Universal Ltd. Industrial Products 1.21 0.00
Greenply Industries Ltd. consumer Durables 1.01 0.00
Tata Motors Ltd. Auto 1.00 0.00
VST Industries Ltd. consumer Non Durables 0.88 0.00
Bharti Airtel Ltd.* Telecom - Services 0.87 0.00
Jagran Prakashan Ltd. Media & entertainment 0.82 0.00
Union Bank of India Banks 0.82 0.00
Timken India Ltd. Industrial Products 0.81 0.00
Savita Oil Technologies Ltd. Petroleum Products 0.78 0.00
Vesuvius India Ltd. Industrial Products 0.70 0.00
Apar Industries Ltd. Industrial capital Goods 0.62 0.00
Suprajit engineering Ltd. Auto Ancillaries 0.62 0.00
Tata Steel Ltd. Ferrous Metals 0.41 0.00
Power Grid corporation of India Ltd. Power 0.40 0.00
Vedanta Ltd. Non - Ferrous Metals 0.29 0.00
Sub Total 75.03
gOlD
• Gold Bar 1 Kg (0.995 purity) NA 9.13
Sub Total 9.13
MUTUAl FUND UNiTS
HDFc Gold Exchange Traded Fund 2.12
Sub Total 2.12
OTHERS
Short Term Deposits as margin for Futures & Options 2.67
cash, cash Equivalents and Net current Assets 11.05
Sub Total 13.72
Grand Total 100.00
• Top Ten Holdings, £ co-sponsor, * Includes Rights entitlement
Face Value per Unit: ` 10 unless otherwise specified, + Industry classification as recommended by AMFI, Data is as of April 30, 2019 unless otherwise specified.
(An open ended scheme investing in equity and equity related instruments, debt & money market instruments and gold)HDFC Multi-Asset Fund .....Contd from previous page
PORTFOLIO
April 2019 19
CATEgORY OF SCHEME: ExcHANGE TRADED FUND
KEY FACTSiNVESTMENT OBjECTiVEThe investment objective of HDFc NIFTY 50 ETF is to generate returns that are commensurate with the performance of the NIFTY 50 Index, subject to tracking error.There is no assurance that the investment objective of the Scheme will be realized.
CATEgORY OF SCHEME: Exchange Traded Fund
FUND MANAgERKrishan Kumar Daga (since December 09, 15)
Total Experience: Over 22 years
iNCEPTiON DATE (Date of Allotment)December 09, 2015
NAV (AS ON APRIL 30, 2019) NAV PER UNIT (`)Growth Option 1,220.99
ASSETS UNDER MANAgEMENT j (`) iN CROREAs on April 30, 2019 308.16Average for Month of April, 2019 322.64
qUANTiTATiVE DATAPortfolio Turnover Ratio (Last 1 year) 16.45%
TRACKiNg ERRORAnnualised tracking error is calculated based on daily rolling returns for the last 12 months: 0.02%
TOTAL ExPENSE RATIO (As on April 30, 2019)Including Additional expenses and Goods and Service Tax on Management FeesHDFc NIFTY 50 ETF 0.05%
#BENCHMARK iNDEX: NIFTY 50 (Total Returns Index)##ADDl. BENCHMARK iNDEX: S&P BSe SeNSex (Total Returns Index)
EXiT lOADFor Creation Unit Size:l No exit load will be levied on redemptions made by
Authorised Participants / Large Investors directly with the Fund in creation Unit Size.
For other than Creation Unit Size:l N.A. The Units of HNETF in other than creation Unit Size cannot
be directly redeemed with the Fund. These Units can be redeemed (sold) on a continuous basis on
the NSe and BSe during the trading hours on all trading days. Refer SID for further details.For further details, please refer to para ‘Exit Load’ on Pg 52.
PLANS & OPTIONSHDFc NIFTY 50 ETF. Presently the Scheme does not offer any Plans / Options for investmentMiNiMUM APPliCATiON AMOUNT (Under each Plan / Option)Authorised Participants / large investors: Application for subscription of HNETF Units in creation Unit Size can be made either: (i) in exchange of the Portfolio Deposit; or (ii) by depositing basket of securities comprising NIFTY 50 Index Each creation Unit Size will consist of 4,000 Units of HNETF and 1 Unit of HNETF will be approximately equal to 1/10th of the value of NIFTY 50 Index. Other investors (including Authorised Participants and large investors): Units of HNETF can be subscribed (in lots of 1 Unit) during the trading hours on all trading days on the NSe and BSe on which the Units will be listed.
Face Value per Unit: ` 761.25, + Industry classification as recommended by AMFI, Data is as of April 30, 2019 unless otherwise specified.
PERFORMANCE *^
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 18 Last 1 Year 10.78 10.84 12.40 11,078 11,084 11,240
Apr 29, 16 Last 3 Years 15.81 15.91 16.55 15,538 15,580 15,838
Dec 09, 15 Since Inception 14.95 15.09 15.41 16,039 16,107 16,258
Returns are compounded annualized (cAGR). * The Scheme does not offer any Plans/Options. The Scheme is in existence for more than 1 year but less than 5 years. For performance of other schemes managed by Krishan Kumar Daga, please refer page 52.
This product is suitable for investors who are seeking ~
l returns that are commensurate with the performance of the NIFTY 50, subject to tracking errors over long term
l investment in equity securities covered by the NIFTY 50
Riskometer
Investors understand that their principal will be at moderately high risk
~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them. ^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
j Includes investments made by the schemes of HDFc Mutual Fund aggregating to Rs. 156.17 crores
(An open ended scheme replicating / tracking NIFTY 50 index)HDFC NIFTY 50 ETF
Company Industry+ % to NAV
EqUiTY & EqUiTY RElATED
• HDFc Bank Ltd. Banks 10.55
• Reliance Industries Ltd. Petroleum Products 10.08
• Housing Development Finance corporation Ltd. £ Finance 6.96
• Infosys Ltd. Software 6.04
• IcIcI Bank Ltd. Banks 5.55
• ITc Ltd. consumer Non Durables 5.47
• Tata consultancy Services Ltd. Software 5.02
• Kotak Mahindra Bank Ltd. Banks 3.92
• Larsen and Toubro Ltd. construction Project 3.52
• Axis Bank Ltd. Banks 3.17
Hindustan Unilever Ltd. consumer Non Durables 2.65
State Bank of India Banks 2.46
Maruti Suzuki India Ltd. Auto 1.87
Indusind Bank Ltd. Banks 1.74
Bajaj Finance Ltd. Finance 1.55
Asian Paints Ltd. consumer Non Durables 1.40
HcL Technologies Ltd. Software 1.36
Mahindra & Mahindra Ltd. Auto 1.27
NTPc Ltd. Power 1.15
Tech Mahindra Ltd. Software 1.11
Oil & Natural Gas corporation Ltd. Oil 1.08
Sun Pharmaceutical Industries Ltd. Pharmaceuticals 1.07
Titan company Ltd. consumer Durables 1.02
UltraTech cement Ltd. cement 1.02
Bajaj Finserv Ltd. Finance 0.96
Bharti Airtel Ltd.* Telecom - Services 0.96
Wipro Ltd. Software 0.95
Power Grid corporation of India Ltd. Power 0.91
coal India Ltd. Minerals/Mining 0.89
Tata Steel Ltd. Ferrous Metals 0.89
Bajaj Auto Ltd. Auto 0.86
Tata Motors Ltd. Auto 0.82
Indian Oil corporation Ltd. Petroleum Products 0.79
Dr Reddys Laboratories Ltd. Pharmaceuticals 0.75
Grasim Industries Ltd. cement 0.75
UPL Ltd. Pesticides 0.75
Britannia Industries Ltd. consumer Non Durables 0.72
Company Industry+ % to NAV
Hero Motocorp Ltd. Auto 0.69
GAIL (India) Ltd. Gas 0.68
JSW Steel Ltd. Ferrous Metals 0.66
Yes Bank Ltd. Banks 0.66
Adani Ports & Special economic Zone Transportation 0.65
Hindalco Industries Ltd. Non - Ferrous Metals 0.64
Vedanta Ltd. Non - Ferrous Metals 0.64
Bharat Petroleum corporation Ltd. Petroleum Products 0.63
cipla Ltd. Pharmaceuticals 0.61
eicher Motors Ltd. Auto 0.61
Zee entertainment enterprises Ltd. Media & entertainment 0.51
Indiabulls Housing Finance Ltd. Finance 0.49
Bharti Infratel Ltd. Telecom - equipment & Accessories 0.47
Sub Total 99.97
cash, cash Equivalents and Net current Assets 0.03
Grand Total 100.00
• Top Ten Holdings, £ co-sponsor, * Includes Rights entitlement
PORTFOLIO
Industry Allocation of Equity Holding (% of Net Assets)
0.470.510.650.680.750.890.961.021.081.281.551.772.062.433.52
6.129.9610.2411.50
14.4828.05
0 5 10 15 20 25 30
Telecom - Equipment & AccessoriesMedia & Entertainment
TransportationGas
PesticidesMinerals/Mining
Telecom - ServicesConsumer Durables
OilNon - Ferrous Metals
Ferrous MetalsCement
PowerPharmaceuticals
Construction ProjectAuto
FinanceConsumer Non Durables
Petroleum ProductsSoftware
Banks
20 April 2019
CATEgORY OF SCHEME: INDEx FUND
Company Industry+ % to NAV
EqUiTY & EqUiTY RElATED• HDFc Bank Ltd. Banks 10.57• Reliance Industries Ltd. Petroleum Products 10.11• Housing Development
Finance corporation Ltd. £ Finance 6.98• Infosys Ltd. Software 6.06• IcIcI Bank Ltd. Banks 5.57• ITc Ltd. consumer Non Durables 5.48• Tata consultancy Services Ltd. Software 5.04• Kotak Mahindra Bank Ltd. Banks 3.93• Larsen and Toubro Ltd. construction Project 3.53• Axis Bank Ltd. Banks 3.18Hindustan Unilever Ltd. consumer Non Durables 2.66State Bank of India Banks 2.46Maruti Suzuki India Ltd. Auto 1.88Indusind Bank Ltd. Banks 1.75Bajaj Finance Ltd. Finance 1.56Asian Paints Ltd. consumer Non Durables 1.40HcL Technologies Ltd. Software 1.36Mahindra & Mahindra Ltd. Auto 1.28NTPc Ltd. Power 1.15Tech Mahindra Ltd. Software 1.12Oil & Natural Gas corporation Ltd. Oil 1.08Sun Pharmaceutical Industries Ltd. Pharmaceuticals 1.07Titan company Ltd. consumer Durables 1.03UltraTech cement Ltd. cement 1.02Bharti Airtel Ltd.* Telecom - Services 0.98Bajaj Finserv Ltd. Finance 0.96Wipro Ltd. Software 0.96Power Grid corporation of India Ltd. Power 0.91coal India Ltd. Minerals/Mining 0.90Tata Steel Ltd. Ferrous Metals 0.89Bajaj Auto Ltd. Auto 0.86Tata Motors Ltd. Auto 0.83Indian Oil corporation Ltd. Petroleum Products 0.79Dr Reddys Laboratories Ltd. Pharmaceuticals 0.75Grasim Industries Ltd. cement 0.75UPL Ltd. Pesticides 0.75Britannia Industries Ltd. consumer Non Durables 0.72Hero Motocorp Ltd. Auto 0.69GAIL (India) Ltd. Gas 0.68
Company Industry+ % to NAV
Adani Ports & Special economic Zone Transportation 0.66JSW Steel Ltd. Ferrous Metals 0.66Yes Bank Ltd. Banks 0.66Hindalco Industries Ltd. Non - Ferrous Metals 0.64Vedanta Ltd. Non - Ferrous Metals 0.64Bharat Petroleum corporation Ltd. Petroleum Products 0.63cipla Ltd. Pharmaceuticals 0.61eicher Motors Ltd. Auto 0.60Zee entertainment enterprises Ltd. Media & entertainment 0.51Indiabulls Housing Finance Ltd. Finance 0.49Bharti Infratel Ltd. Telecom - equipment
& Accessories 0.47Sub Total 100.26cash, cash Equivalents and Net current Assets -0.26Grand Total 100.00• Top Ten Holdings, £ co-sponsor, * Includes Rights entitlement
KEY FACTS
iNVESTMENT OBjECTiVE
The investment objective of the Scheme is to generate returns that are commensurate with the performance of the NIFTY 50 Index, subject to tracking errors.
There is no assurance that the investment objective of the Scheme will be realized.
CATEgORY OF SCHEME: Index Fund
FUND MANAgER
Krishan Kumar Daga (since October 19, 15)
Total Experience: Over 22 years
iNCEPTiON DATE (Date of Allotment)
July 17, 2002
NAV (AS ON APRIL 30, 2019) NAV PER UNIT (`)
Regular Plan - Growth Option 106.5311Direct Plan - Growth Option 107.6947
ASSETS UNDER MANAgEMENT (`) iN CRORE
As on April 30, 2019 705.77Average for Month of April, 2019 695.81
qUANTiTATiVE DATA
Portfolio Turnover Ratio (Last 1 year) 25.64%
TRACKiNg ERROR
Annualised tracking error is calculated based on daily rolling returns for the last 12 months: 0.05%
TOTAL ExPENSE RATIO (As on April 30, 2019)Including Additional expenses and Goods and Service Tax on Management Fees
Regular: 0.30% Direct: 0.10%
#BENCHMARK iNDEX: NIFTY 50 (Total Returns Index)
##ADDl. BENCHMARK iNDEX: S&P BSe SeNSex (Total Returns Index)
EXiT lOAD
l In respect of each purchase / switch-in of Units, an exit Load of 0.25% is payable if Units are redeemed / switched-out within 3 days from the date of allotment.
l No exit load is payable if units are redeemed / switched out after 3 days from the date of allotment.
For further details, please refer to para ‘Exit Load’ on Pg 52.
PLANS & OPTIONS
Regular Plan, Direct Plan. Each Plan offers Growth Option only.
MiNiMUM APPliCATiON AMOUNT
Purchase : ` 5,000 and any amount thereafter.Additional Purchase : ` 1,000 and any amount thereafter.
SiP PERFORMANCE ^ - Regular plan - growth Option
Since Inception SIP
15 year SIP
10 year SIP
5 year SIP
3 year SIP
1 year SIP
Total Amount Invested (` ‘000) 2,020.00 1,800.00 1,200.00 600.00 360.00 120.00 Mkt Value As on April 30, 2019 (` ‘000) 6,401.54 4,451.27 2,170.56 804.22 439.78 129.04 Returns (%) 12.48 11.22 11.41 11.68 13.48 14.37 Benchmark Returns (%) # 14.48 12.82 12.10 12.16 13.97 14.87 Additional Benchmark Returns (%) ## 14.93 13.09 12.32 12.61 15.17 15.23
Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. cAGR returns are computed after accounting for the cash flow by using xIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 18 Last 1 Year 10.35 10.84 12.40 11,035 11,084 11,240Apr 29, 16 Last 3 Years 15.35 15.91 16.55 15,355 15,580 15,838Apr 30, 14 Last 5 Years 12.88 13.32 13.28 18,329 18,693 18,664Jul 17, 02 Since Inception 14.91 17.21 17.18 103,168 144,108 143,372
Returns greater than 1 year period are compounded annualized (cAGR). Since inception returns are calculated on ` 10.3260 (allotment price). For performance of other schemes managed by Krishan Kumar Daga, please refer page 52. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 60.
Face Value per Unit: ` 10.3260, + Industry classification as recommended by AMFI, Data is as of April 30, 2019 unless otherwise specified.
This product is suitable for investors who are seeking ~
l returns that are commensurate with the performance of the NIFTY 50, subject to tracking errors over long term
l investment in equity securities covered by the NIFTY 50
Riskometer
Investors understand that their principal will be at moderately high risk
~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them. ^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
(An open ended scheme replicating / tracking NIFTY 50 index)HDFC Index Fund - NIFTY 50 Plan
PORTFOLIO
Industry Allocation of Equity Holding (% of Net Assets)
0.470.510.660.680.750.900.981.031.081.281.551.772.062.433.53
6.149.9910.2611.53
14.5428.12
0 5 10 15 20 25 30
Telecom - Equipment & AccessoriesMedia & Entertainment
TransportationGas
PesticidesMinerals/Mining
Telecom - ServicesConsumer Durables
OilNon - Ferrous Metals
Ferrous MetalsCement
PowerPharmaceuticals
Construction ProjectAuto
FinanceConsumer Non Durables
Petroleum ProductsSoftware
Banks
April 2019 21
CATEgORY OF SCHEME: ExcHANGE TRADED FUND
KEY FACTS
iNVESTMENT OBjECTiVEThe investment objective of HDFc SENSEx ETF is to generate returns that are commensurate with the performance of the S&P BSe SeNSex Index, subject to tracking errors.There is no assurance that the investment objective of the Scheme will be realized.
CATEgORY OF SCHEME: Exchange Traded Fund
FUND MANAgERKrishan Kumar Daga (since December 09, 15)
Total Experience: Over 22 years
iNCEPTiON DATE (Date of Allotment)December 09, 2015
NAV (AS ON APRIL 30, 2019) NAV PER UNIT (`)Growth Option 4,071.73
ASSETS UNDER MANAgEMENT j (`) iN CROREAs on April 30, 2019 48.80Average for Month of April, 2019 51.77
qUANTiTATiVE DATAPortfolio Turnover Ratio (Last 1 year) 110.54%
TRACKiNg ERRORAnnualised tracking error is calculated based on daily rolling returns for the last 12 months: 0.03%
TOTAL ExPENSE RATIO (As on April 30, 2019)Including Additional expenses and Goods and Service Tax on Management FeesHDFc SeNSex ETF 0.05%
#BENCHMARK iNDEX: S&P BSe SeNSex (Total Returns Index)##ADDl. BENCHMARK iNDEX: NIFTY 50 (Total Returns Index)
EXiT lOADFor Creation Unit Size:l No exit load will be levied on redemptions made by
Authorised Participants / Large Investors directly with the Fund in creation Unit Size.
For other than Creation Unit Size:l N.A. The Units of HSxETF in other than creation Unit Size cannot
be directly redeemed with the Fund. These Units can be redeemed (sold) on a continuous basis on
the NSe and BSe during the trading hours on all trading days. Refer SID for further details.For further details, please refer to para ‘Exit Load’ on Pg 52.
PLANS & OPTIONSHDFc SENSEx ETF. Presently the Scheme does not offer any Plans / Options for investment
MiNiMUM APPliCATiON AMOUNT (Under each Plan / Option)Authorised Participants / large investors: Application for subscription of HSxETF Units in creation Unit Size can be made either: (i) in exchange of the Portfolio Deposit; or (ii) by depositing basket of securities comprising S&P BSe
SeNSex IndexEach creation Unit Size will consist of 1,000 Units of HSxETF and 1 Unit of HSxETF will be approximately equal to 1/10th of the value of S&P BSe SeNSex Index. Other investors (including Authorised Participants and large investors): Units of HSxETF can be subscribed (in lots of 1 Unit) during the trading hours on all trading days on the NSe and BSe on which the Units will be listed.
Face Value per Unit: ` 2,503.61, + Industry classification as recommended by AMFI, Data is as of April 30, 2019 unless otherwise specified.
PERFORMANCE *^
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 18 Last 1 Year 12.35 12.40 10.84 11,235 11,240 11,084
Apr 29, 16 Last 3 Years 16.49 16.55 15.91 15,812 15,838 15,580
Dec 09, 15 Since Inception 15.42 15.41 15.09 16,263 16,258 16,107
Returns are compounded annualized (cAGR). * The Scheme does not offer any Plans/Options. The Scheme is in existence for more than 1 year but less than 5 years. For performance of other schemes managed by Krishan Kumar Daga, please refer page 52.
This product is suitable for investors who are seeking ~
l returns that are commensurate with the performance of the S&P BSe SeNSex, subject to tracking errors over long term
l investment in equity securities covered by the S&P BSe SeNSex
Riskometer
Investors understand that their principal will be at moderately high risk
~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them. ^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
j Includes investments made by the schemes of HDFc Mutual Fund aggregating to Rs. 31.89 crores
(An open ended scheme replicating / tracking S&P BSE SENSEX index)HDFC SENSEX ETF
Company Industry+ % to NAV
EqUiTY & EqUiTY RElATED
• HDFc Bank Ltd. Banks 12.52
• Reliance Industries Ltd. Petroleum Products 11.33
• Housing Development Finance corporation Ltd. £ Finance 8.64
• Infosys Ltd. Software 7.18
• IcIcI Bank Ltd. Banks 6.60
• ITc Ltd. consumer Non Durables 6.48
• Tata consultancy Services Ltd. Software 5.97
• Larsen and Toubro Ltd. construction Project 4.14
• Kotak Mahindra Bank Ltd. Banks 4.13
• Axis Bank Ltd. Banks 3.42
Hindustan Unilever Ltd. consumer Non Durables 3.17
State Bank of India Banks 2.93
Maruti Suzuki India Ltd. Auto 2.21
Indusind Bank Ltd. Banks 2.04
Bajaj Finance Ltd. Finance 1.86
Asian Paints Ltd. consumer Non Durables 1.67
HcL Technologies Ltd. Software 1.66
Mahindra & Mahindra Ltd. Auto 1.52
NTPc Ltd. Power 1.27
Sun Pharmaceutical Industries Ltd. Pharmaceuticals 1.24
Oil & Natural Gas corporation Ltd. Oil 1.21
Bharti Airtel Ltd.* Telecom - Services 1.15
Power Grid corporation of India Ltd. Power 1.08
Tata Steel Ltd. Ferrous Metals 1.07
Bajaj Auto Ltd. Auto 1.03
Company Industry+ % to NAV
Tata Motors Ltd. Auto 0.98
coal India Ltd. Minerals/Mining 0.87
Hero Motocorp Ltd. Auto 0.84
Vedanta Ltd. Non - Ferrous Metals 0.78
Yes Bank Ltd. Banks 0.78
Tata Motors Ltd. DVR Auto 0.13
Sub Total 99.90
cash, cash Equivalents and Net current Assets 0.10
Grand Total 100.00
• Top Ten Holdings, £ co-sponsor, * Includes Rights entitlement
PORTFOLIO
Industry Allocation of Equity Holding (% of Net Assets)
0.78
0.87
1.07
1.15
1.21
1.24
2.35
4.14
6.71
10.50
11.32
11.33
14.81
32.42
0 5 10 15 20 25 30 35
Non - Ferrous Metals
Minerals/Mining
Ferrous Metals
Telecom - Services
Oil
Pharmaceuticals
Power
Construction Project
Auto
Finance
Consumer Non Durables
Petroleum Products
Software
Banks
22 April 2019
CATEgORY OF SCHEME: INDEx FUND
KEY FACTS
iNVESTMENT OBjECTiVE
The investment objective of the Scheme is to generate returns that are commensurate with the performance of the S&P BSe SeNSex Index, subject to tracking errors.
There is no assurance that the investment objective of the Scheme will be realized.
CATEgORY OF SCHEME: Index Fund
FUND MANAgER
Krishan Kumar Daga (since October 19, 15)
Total Experience: Over 22 years
iNCEPTiON DATE (Date of Allotment)
July 17, 2002
NAV (AS ON APRIL 30, 2019) NAV PER UNIT (`)
Regular Plan - Growth Option 344.9570Direct Plan - Growth Option 349.1093
ASSETS UNDER MANAgEMENT (`) iN CRORE
As on April 30, 2019 360.59Average for Month of April, 2019 354.02
qUANTiTATiVE DATA
Portfolio Turnover Ratio (Last 1 year) 13.83%
TRACKiNg ERROR
Annualised tracking error is calculated based on daily rolling returns for the last 12 months: 0.08%
TOTAL ExPENSE RATIO (As on April 30, 2019)Including Additional expenses and Goods and Service Tax on Management Fees
Regular: 0.30% Direct: 0.10%
#BENCHMARK iNDEX: S&P BSe SeNSex (Total Returns Index)
##ADDl. BENCHMARK iNDEX: NIFTY 50 (Total Returns Index)
EXiT lOAD
l In respect of each purchase / switch-in of Units, an exit Load of 0.25% is payable if Units are redeemed / switched-out within 3 days from the date of allotment.
l No exit load is payable if units are redeemed / switched out after 3 days from the date of allotment.
For further details, please refer to para ‘Exit Load’ on Pg 52.
PLANS & OPTIONS
Regular Plan, Direct Plan. Each Plan offers Growth Option only.
MiNiMUM APPliCATiON AMOUNT
Purchase : ` 5,000 and any amount thereafter.Additional Purchase : ` 1,000 and any amount thereafter.
SiP PERFORMANCE ^ - Regular plan - growth Option
Since Inception SIP
15 year SIP
10 year SIP
5 year SIP
3 year SIP
1 year SIP
Total Amount Invested (` ‘000) 2,020.00 1,800.00 1,200.00 600.00 360.00 120.00 Mkt Value As on April 30, 2019 (` ‘000) 6,585.19 4,543.01 2,195.37 813.96 447.05 129.21 Returns (%) 12.77 11.46 11.63 12.17 14.63 14.65 Benchmark Returns (%) # 14.93 13.09 12.32 12.61 15.17 15.23 Additional Benchmark Returns (%) ## 14.48 12.82 12.10 12.16 13.97 14.87
Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. cAGR returns are computed after accounting for the cash flow by using xIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 18 Last 1 Year 11.84 12.40 10.84 11,184 11,240 11,084Apr 29, 16 Last 3 Years 16.06 16.55 15.91 15,640 15,838 15,580Apr 30, 14 Last 5 Years 12.79 13.28 13.32 18,261 18,664 18,693Jul 17, 02 Since Inception 15.17 17.18 17.21 107,259 143,372 144,108
Returns greater than 1 year period are compounded annualized (cAGR). Since inception returns are calculated on ` 32.1610 (allotment price). For performance of other schemes managed by Krishan Kumar Daga, please refer page 52. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 60.
Face Value per Unit: ` 32.1610, + Industry classification as recommended by AMFI, Data is as of April 30, 2019 unless otherwise specified.
This product is suitable for investors who are seeking ~
l returns that are commensurate with the performance of the S&P BSe SeNSex, subject to tracking errors over long term.
l investment in equity securities covered by the S&P BSe SeNSex.
Riskometer
Investors understand that their principal will be at moderately high risk
~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them. ^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
Note: Effective close of business hours of May 25, 2018, HDFc Index Fund - SENSEx Plan (the Scheme) underwent changes in Fundamental Attributes and HDFc Index Fund - SENSEx Plus Plan was merged therein. As the portfolio structuring of the Scheme is continued, its past performance is provided, in line with SeBI circular on Performance disclosure post consolidation/ merger of scheme dated April 12, 2018.
(An open ended scheme replicating / tracking S&P BSE SENSEX index)HDFC Index Fund - SENSEX Plan
Company Industry+ % to NAV
EqUiTY & EqUiTY RElATED
• HDFc Bank Ltd. Banks 12.56
• Reliance Industries Ltd. Petroleum Products 11.36
• Housing Development Finance corporation Ltd. £ Finance 8.66
• Infosys Ltd. Software 7.20
• IcIcI Bank Ltd. Banks 6.61
• ITc Ltd. consumer Non Durables 6.49
• Tata consultancy Services Ltd. Software 5.99
• Larsen and Toubro Ltd. construction Project 4.15
• Kotak Mahindra Bank Ltd. Banks 4.14
• Axis Bank Ltd. Banks 3.43
Hindustan Unilever Ltd. consumer Non Durables 3.17
State Bank of India Banks 2.94
Maruti Suzuki India Ltd. Auto 2.24
Indusind Bank Ltd. Banks 2.04
Bajaj Finance Ltd. Finance 1.85
Asian Paints Ltd. consumer Non Durables 1.67
HcL Technologies Ltd. Software 1.66
Mahindra & Mahindra Ltd. Auto 1.52
NTPc Ltd. Power 1.27
Sun Pharmaceutical Industries Ltd. Pharmaceuticals 1.25
Oil & Natural Gas corporation Ltd. Oil 1.21
Bharti Airtel Ltd.* Telecom - Services 1.16
Power Grid corporation of India Ltd. Power 1.08
Tata Steel Ltd. Ferrous Metals 1.08
Bajaj Auto Ltd. Auto 1.03
Tata Motors Ltd. Auto 0.98
Company Industry+ % to NAV
coal India Ltd. Minerals/Mining 0.87
Hero Motocorp Ltd. Auto 0.82
Yes Bank Ltd. Banks 0.79
Vedanta Ltd. Non - Ferrous Metals 0.78
Tata Motors Ltd. DVR Auto 0.13
Sub Total 100.13
cash, cash Equivalents and Net current Assets -0.13
Grand Total 100.00
• Top Ten Holdings, £ co-sponsor, * Includes Rights entitlement
PORTFOLIO
Industry Allocation of Equity Holding (% of Net Assets)
0.78
0.87
1.08
1.16
1.21
1.25
2.35
4.15
6.72
10.51
11.33
11.36
14.85
32.51
0 5 10 15 20 25 30 35
Non - Ferrous Metals
Minerals/Mining
Ferrous Metals
Telecom - Services
Oil
Pharmaceuticals
Power
Construction Project
Auto
Finance
Consumer Non Durables
Petroleum Products
Software
Banks
April 2019 23
CATEgORY OF SCHEME: EqUITY LINKED SAVINGS ScHEME
KEY FACTS
iNVESTMENT OBjECTiVE
To generate capital appreciation / income from a portfolio, comprising predominantly of equity & equity related instruments.There is no assurance that the investment objective of the Scheme will be realized.
CATEgORY OF SCHEME: equity Linked Savings Scheme
FUND MANAgER ¥
Vinay Kulkarni (since November 21, 06)
Total Experience: Over 29 years
iNCEPTiON DATE (Date of Allotment)
March 31, 1996
NAV (AS ON APRIL 30, 2019) NAV PER UNIT (`)
Regular Plan - Growth Option 528.206Regular Plan - Dividend Option 54.151Direct Plan - Growth Option 549.560Direct Plan - Dividend Option 57.432
ASSETS UNDER MANAgEMENT (`) iN CRORE
As on April 30, 2019 7,421.12Average for Month of April, 2019 7,401.48
qUANTiTATiVE DATA
Portfolio Turnover Ratio (Last 1 year) 14.41%
Risk Ration Standard Deviation 3.834%n Beta 0.904n Sharpe Ratio* 0.162
computed for the 3-yr period ended April 30, 2019. Based on month-end NAV. * Risk free rate: 6.20%(Source: FIMMDA MIBOR)
TOTAL ExPENSE RATIO (As on April 30, 2019)Including Additional expenses and Goods and Service Tax on Management Fees
Regular: 1.99% Direct: 1.36%
#BENCHMARK iNDEX: NIFTY 500 (Total Returns Index)
##ADDl. BENCHMARK iNDEX: NIFTY 50 (Total Returns Index)
EXiT lOAD
Nil
PLANS & OPTIONS
Regular Plan, Direct Plan. Under each Plan : Growth & Dividend. The Dividend Option offers Dividend Payout facility.
MiNiMUM APPliCATiON AMOUNT
Purchase : ` 500 and in multiples of ` 500 thereafter.Additional Purchase : ̀ 500 and in multiples of ̀ 500 thereafter.
lOCK-iN PERiOD
3 years from the date of allotment of the respective Units
¥ Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years).
SiP PERFORMANCE ^ - Regular plan - growth OptionSince Inception
SIP15 year
SIP10 year
SIP5 year
SIP3 year
SIP1 year
SIPTotal Amount Invested (` ‘000) 2,770.00 1,800.00 1,200.00 600.00 360.00 120.00 Mkt Value As on April 30, 2019 (` ‘000) $$ 67,030.67 5,584.80 2,231.90 743.04 402.51 125.30 Returns (%) $$ 22.81 13.86 11.94 8.50 7.41 8.36 Benchmark Returns (%) # 15.12 12.72 12.18 11.11 10.71 8.86 Additional Benchmark Returns (%) ## 14.07 12.82 12.10 12.16 13.97 14.87
Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. cAGR returns are computed after accounting for the cash flow by using xIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
PERFORMANCE ^ - Regular plan - growth OptionDate Period Scheme
Returns (%) $$
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 investedScheme (`)
$$Benchmark
(`)#Additional
Benchmark (`)##
Apr 30, 18 Last 1 Year 1.88 2.98 10.84 10,188 10,298 11,084Apr 29, 16 Last 3 Years 13.56 15.03 15.91 14,652 15,225 15,580Apr 30, 14 Last 5 Years 13.19 14.27 13.32 18,583 19,489 18,693Mar 31, 96 Since Inception 23.59 13.87 12.65 1,332,443 201,105 156,568
Returns greater than 1 year period are compounded annualized (cAGR). $$ All dividends declared prior to the splitting of the Scheme into Dividend & Growth Options are assumed to be reinvested in the units of the Scheme at the then prevailing NAV (ex-dividend NAV). For performance of other schemes managed by Vinay Kulkarni, please refer page 52. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 58. As TRI data is not available since inception of the scheme, additional benchmark performance is calculated using composite cAGR of NIFTY 50 PRI values from Mar 29, 96 (Data for March 31, 96 is not available) to Jun 29, 99 and TRI values since Jun 30, 99. As NIFTY 500 TRI data is not available for March 31, 96, benchmark performance is calculated from March 29, 96.
Face Value per Unit: ` 10 unless otherwise specified, + Industry classification as recommended by AMFI, Data is as of April 30, 2019 unless otherwise specified.
This product is suitable for investors who are seeking ~
l to generate long-term capital appreciation / income
l investment predominantly of equity & equity related instruments
Riskometer
Investors understand that their principal will be at moderately high risk
~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them. ^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
(An open ended equity linked savings scheme with a statutory lock in of 3 years and tax benefit)HDFC TaxSaver
Company Industry+ % to NAV
EqUiTY & EqUiTY RElATED
• HDFc Bank Ltd. Banks 8.96
• IcIcI Bank Ltd. Banks 8.74
• Reliance Industries Ltd. Petroleum Products 7.77
• NTPc Ltd. Power 7.73
• Infosys Ltd. Software 7.62
• State Bank of India Banks 6.83
• Larsen and Toubro Ltd. construction Project 5.29
• GAIL (India) Ltd. Gas 5.12
• ITc Ltd. consumer Non Durables 4.60
• Tata Steel Ltd. Ferrous Metals 2.94
Vedanta Ltd. Non - Ferrous Metals 2.70
cipla Ltd. Pharmaceuticals 2.65
Axis Bank Ltd. Banks 2.56
Bharat Petroleum corporation Ltd. Petroleum Products 2.23
Oracle Financial Services Software Ltd. Software 1.96
NHPc Ltd. Power 1.91
Power Grid corporation of India Ltd. Power 1.26
L&T Technology Services Ltd. Software 1.17
Bharat electronics Ltd. Industrial capital Goods 1.14
Tata Motors Ltd. DVR Auto 1.14
Solar Industries India Ltd. chemicals 1.06
Aurobindo Pharma Ltd. Pharmaceuticals 1.03
Kalpataru Power Transmission Ltd. Power 0.95
Hindustan Petroleum corporation Ltd. Petroleum Products 0.92
Sadbhav engineering Ltd. construction Project 0.91
Gujarat Pipavav Port Ltd. Transportation 0.87
Tata Motors Ltd. Auto 0.86
coal India Ltd. Minerals/Mining 0.75
eclerx Services Ltd. Software 0.69
Bharat Heavy electricals Ltd. Industrial capital Goods 0.59
Torrent Pharmaceuticals Ltd. Pharmaceuticals 0.57
Max Financial Services Ltd. Finance 0.55
Glenmark Pharmaceuticals Ltd. Pharmaceuticals 0.45
BeML Ltd. Industrial capital Goods 0.41
ITD cementation India Ltd. construction 0.33
cG Power and Industrial Solutions Ltd. Industrial capital Goods 0.32
Company Industry+ % to NAV
HSIL Ltd. construction 0.27
Hindustan construction company Ltd. construction Project 0.26
Sadbhav Infrastructure Project Ltd. (corporate Guarantee of Sadbhav engineering Ltd.) construction Project 0.25
Dynamatic Technologies Ltd. Auto Ancillaries 0.19
Persistent Systems Ltd. Software 0.17
MPS Ltd. Software 0.06
Siti Networks Ltd. Media & entertainment 0.02
Sub Total 96.80MONEY MARKET INSTRUMENTSCD/CPTata Sons Ltd. cRISIL - A1+ 0.67
Sub Total 0.67cash, cash Equivalents and Net current Assets 2.53
Grand Total 100.00
• Top Ten Holdings, @ Less than 0.01%
PORTFOLIO
Industry Allocation of Equity Holding (% of Net Assets)
0.020.190.550.600.750.871.062.002.462.702.94
4.604.705.12
6.7110.9211.6711.85
27.09
0 5 10 15 20 25 30
Media & EntertainmentAuto Ancillaries
FinanceConstruction
Minerals/MiningTransportation
ChemicalsAuto
Industrial Capital GoodsNon - Ferrous Metals
Ferrous MetalsConsumer Non Durables
PharmaceuticalsGas
Construction ProjectPetroleum Products
SoftwarePowerBanks
24 April 2019
CATEgORY OF SCHEME: cHILDREN’S FUND
KEY FACTS
iNVESTMENT OBjECTiVE
To generate capital appreciation / income from a portfolio of equity & equity related instruments and debt and money market instruments.
There is no assurance that the investment objective of the Scheme will be realized.
CATEgORY OF SCHEME: children’s Fund
FUND MANAgER ¥
Chirag Setalvad (since April 2, 07)
Total Experience - Over 21 years
iNCEPTiON DATE (Date of Allotment)
March 2, 2001
NAV (AS ON APRIL 30, 2019) NAV PER UNIT (`)
Regular Plan 120.696Direct Plan 127.008
ASSETS UNDER MANAgEMENT (`) iN CRORE
As on April 30, 2019 2,720.23Average for Month of April, 2019 2,719.34
qUANTiTATiVE DATA
Portfolio Turnover Ratio (Last 1 year) 9.07%Average Maturity * 2.21 yearsMacaulay Duration * 1.73 yearsModified Duration * 1.62 yearsYield to Maturity * 7.83%* computed on the invested amount for debt portfolio.
TOTAL ExPENSE RATIO (As on April 30, 2019)Including Additional expenses and Goods and Service Tax on Management Fees
Regular: 2.20% Direct: 1.27%
#BENCHMARK iNDEX: NIFTY 50 Hybrid composite Debt 65:35 Index
##ADDl. BENCHMARK iNDEX: NIFTY 50 (Total Returns Index)
EXiT lOAD
Nil
PLANS & OPTIONS
Regular Plan, Direct Plan.
MiNiMUM APPliCATiON AMOUNT
Purchase : ` 5,000 and any amount thereafter.Additional Purchase : ` 1,000 and any amount thereafter.
lOCK-iN PERiOD
Fresh investments by investors including SiP/ STP registrations, etc (effective May 23, 2018):Lock-in period will be compulsory. Lock-in period shall be earlier ofl 5 Years from the date of allotment; orl Until the Unit holder (being the beneficiary child) attains
the age of majority (i.e. completion of 18 years)
(¥) Dedicated Fund Manager for Overseas Investments:Mr. Amar Kalkundrikar (Total Experience: Over 16 years).
(Ω) Eligibility (of Unit holder) : children less than 18 years of age as on the date of investment by the Investor / Applicant are eligible as Unit holders in the Scheme. (π) Personal Accident Insurance cover for Parent / Legal Guardian (upto the age of 80 years) of the Unit holder, equivalent to 10 times the cost value of the outstanding Units held by the Unit holder under all the applications / account statements / folios, subject to a maximum amount of ` 10 lakhs per Unit holder. The insurance premium in respect of the personal accident insurance cover will be borne by the AMc. This accident insurance cover is subject to conditions of the group personal accident insurance policy.
Face Value per Unit: ` 10 unless otherwise specified, + Industry classification as recommended by AMFI, Data is as of April 30, 2019 unless otherwise specified.
[An open ended fund for investment for children having a lock-in for atleast 5 years or till the child attains age of majority (whichever is earlier)] ΩπHDFC Children's Gift Fund
Company Industry+ / Rating % to NAV
EqUiTY & EqUiTY RElATED
• HDFc Bank Ltd. Banks 6.51
• Reliance Industries Ltd. Petroleum Products 4.81
• Infosys Ltd. Software 3.36
• IcIcI Bank Ltd. Banks 3.02
• Larsen and Toubro Ltd. construction Project 2.73
• Housing Development Finance corporation Ltd. £ Finance 2.49
Bajaj Finance Ltd. Finance 2.28
State Bank of India Banks 1.91
NIIT Technologies Ltd. Software 1.82
Aurobindo Pharma Ltd. Pharmaceuticals 1.78
Britannia Industries Ltd. consumer Non Durables 1.70
cholamandalam Investment & Finance Finance 1.62
UPL Ltd. Pesticides 1.43
Hexaware Technologies Ltd. Software 1.42
Bharat electronics Ltd. Industrial capital Goods 1.19
Balkrishna Industries Ltd. Auto Ancillaries 1.18
Bank of Baroda Banks 1.18
Axis Bank Ltd. Banks 1.17
Motherson Sumi Systems Ltd. Auto Ancillaries 1.13
Voltas Ltd. consumer Durables 1.11
Schaeffler India Ltd. Industrial Products 1.10
AIA engineering Ltd. Industrial Products 1.03
Bharti Airtel Ltd.* Telecom - Services 0.98
SKF India Ltd. Industrial Products 0.92
Finolex Industries Ltd. Industrial Products 0.89
Supreme Industries Ltd. Industrial Products 0.84
century Plyboards (India) Ltd. consumer Durables 0.83
Larsen & Toubro Infotech Ltd. Software 0.83
carborundum Universal Ltd. Industrial Products 0.77
Mahindra Holidays & Resorts Ind Ltd.
Hotels/Resorts & Other Recreational Activities 0.77
Tata Steel Ltd. Ferrous Metals 0.75
Sonata Software Ltd. Software 0.74
Ipca Laboratories Ltd. Pharmaceuticals 0.71
Indian Hotels company Ltd. Hotels/Resorts & Other Recreational Activities 0.70
Company Industry+ / Rating % to NAV
eIH Ltd. Hotels/Resorts & Other Recreational Activities 0.69
Apollo Tyres Ltd. Auto Ancillaries 0.67
Zensar Technologies Ltd. Software 0.67
Indian Bank Banks 0.65
Power Grid corporation of India Ltd. Power 0.65
VST Industries Ltd. consumer Non Durables 0.65
cholamandalam Financial Holdings Ltd. Finance 0.63
PNc Infratech Ltd. construction 0.61
Vedanta Ltd. Non - Ferrous Metals 0.57
Swaraj engines Ltd. Industrial Products 0.56
Vesuvius India Ltd. Industrial Products 0.52
Tube Investments of India Ltd. Auto Ancillaries 0.50
Blue Star Ltd. consumer Durables 0.49
Navneet education Ltd. Media & entertainment 0.47
eclerx Services Ltd. Software 0.32
IFB Industries Ltd. consumer Durables 0.32
Sadbhav engineering Ltd. construction Project 0.31
V.S.T Tillers Tractors Ltd. Auto 0.30
Jagran Prakashan Ltd. Media & entertainment 0.28
Nilkamal Ltd. Industrial Products 0.28
Mcleod Russel India Ltd. consumer Non Durables 0.18
Jyoti Structures Ltd. Power 0.02
Sub Total 66.04
DEBT & DEBT RElATED
gOVERNMENT SECURiTiES (CENTRAl/STATE)
8.28 GOI 2027 Sovereign 1.72
8.12 GOI 2020 Sovereign 1.24
8.32 GOI 2032 Sovereign 1.16
8.83 GOI 2023 Sovereign 1.03
8.15 GOI 2022 Sovereign 0.57
6.35 GOI 2020 Sovereign 0.46
8.08 GOI 2022 Sovereign 0.38
8.6 GOI 2028 Sovereign 0.20
7.16 GOI 2023 Sovereign 0.18
8.2 GOI 2022 Sovereign 0.09
Sub Total 7.03
PORTFOLIO
April 2019 25
SiP PERFORMANCE ^ - Regular plan - growth Option
Since Inception SIP 15 year SIP 10 year SIP 5 Year SIP 3 Year SIP 1 Year SIP
Total Amount Invested (` ‘000) 2,180.00 1,800.00 1,200.00 600.00 360.00 120.00
Mkt Value As on April 30, 2019 (` ‘000) $ 11,036.21 6,056.89 2,551.38 778.19 412.08 124.32
Returns (%) $ 15.83 14.80 14.44 10.36 9.00 6.80
Benchmark Returns (%) # N.A. 11.40 10.83 10.58 11.33 12.95
Additional Benchmark Returns (%) ## 14.94 12.82 12.10 12.16 13.97 14.87
Assuming ̀ 10,000 invested systematically on the first Business Day of every month over a period of time. cAGR returns are computed after accounting for the cash flow by using xIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. N.A. Not Available.
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%) $
Benchmark Returns
(%)#
Additional Benchmark
Returns(%) ##
Value of ` 10,000 invested
Scheme (`) $
Benchmark (`)#
Additional Benchmark(`)##
Apr 30, 18 Last 1 Year 2.47 9.92 10.84 10,247 10,992 11,084
Apr 29, 16 Last 3 Years 13.11 12.89 15.91 14,475 14,391 15,580
Apr 30, 14 Last 5 Years 14.13 11.83 13.32 19,374 17,497 18,693
Mar 02, 01 Since Inception 16.36 N.A. 14.47 156,905 N.A. 116,564
Returns greater than 1 year period are compounded annualized (cAGR). N.A. Not Available. Scheme performance may not strictly be comparable with that of its Additional Benchmark in view of balanced nature of the scheme where a portion of scheme’s investments are made in debt instruments. $ Adjusted for Bonus units declared under the Scheme. For performance of other schemes managed by chirag Setalvad, please refer page 48. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 58.
Portfolio Classification By Asset Class (%)
equity 66.04
G-Sec 7.03
credit Exposure 19.98
cash, cash Equivalents and Net current Assets 6.95
Face Value per Unit: ` 10 unless otherwise specified, + Industry classification as recommended by AMFI, Data is as of April 30, 2019 unless otherwise specified.
This product is suitable for investors who are seeking ~
l capital appreciation over long term.
l investment in equity and equity related instruments as well as debt and money market instruments.
Riskometer
Investors understand that their principal will be at moderately high risk
~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them. ^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
Portfolio Classification By Rating Class (%)
equity 66.04
Sovereign 7.03
AAA/AAA(SO)/A1+/A1+(SO) & equivalent 14.92
AA+ 5.06
cash, cash Equivalents and Net current Assets 6.95
[An open ended fund for investment for children having a lock-in for atleast 5 years or till the child attains age of majority (whichever is earlier)] ΩπHDFC Children's Gift Fund .....Contd from previous page
Company Industry+ / Rating % to NAV
CREDiT EXPOSURE
• Tata capital Financial Services Ltd. IcRA - AAA 4.22
• Power Finance corporation Ltd. cARE - AAA / cRISIL - AAA 3.69
• L&T Finance Ltd. cARE - AAA 3.67
• Axis Bank Ltd. cRISIL - AA+ 3.57
Mahindra & Mahindra Financial Services Ltd. IND - AAA 1.47
Tata Sons Ltd. cRISIL - AAA 1.32
Company Industry+ / Rating % to NAV
Hero Fincorp Ltd. IcRA - AA+ 1.09
HDB Financial Services Ltd. cRISIL - AAA 0.55
State Bank of India cRISIL - AA+ 0.40
Sub Total 19.98
Total 27.01
cash, cash Equivalents and Net current Assets 6.95
Grand Total 100.00
• Top Ten Holdings, £ co-sponsor, * Includes Rights entitlement
PORTFOLIOIndustry Allocation of Equity Holding (% of Net Assets)
0.30
0.57
0.61
0.67
0.75
0.75
0.98
1.19
1.43
2.16
2.49
2.53
2.75
3.04
3.48
4.81
6.91
7.02
9.16
14.44
0 2 4 6 8 10 12 14 16
Auto
Non - Ferrous Metals
Construction
Power
Ferrous Metals
Media & Entertainment
Telecom - Services
Industrial Capital Goods
Pesticides
Hotels, Resorts & Other Recreational Activities
Pharmaceuticals
Consumer Non Durables
Consumer Durables
Construction Project
Auto Ancillaries
Petroleum Products
Industrial Products
Finance
Software
Banks
26 April 2019
CATEgORY OF SCHEME: RETIREMENT FUND
KEY FACTS
iNVESTMENT OBjECTiVE
The investment objective of the Scheme is to provide long-term capital appreciation/income by investing in a mix of equity and debt instruments to help investors meet their retirement goals. There is no assurance that the investment objective of the Scheme will be realized.
CATEgORY OF SCHEME: Retirement Fund
FUND MANAgER ¥
Chirag Setalvad (Equities) (since February 25, 2016)
Total Experience - Over 21 years &Shobhit Mehrotra (Debt) (since February 25, 2016)
Total Experience: Over 25 years
iNCEPTiON DATE (Date of Allotment)
February 25, 2016
NAV (AS ON APRIL 30, 2019) NAV PER UNIT (`)
Regular Plan 16.956Direct Plan 17.829
ASSETS UNDER MANAgEMENT (`) iN CRORE
As on April 30, 2019 683.10Average for Month of April, 2019 682.32
qUANTiTATiVE DATA
Portfolio Turnover Ratio 5.96%
TOTAL ExPENSE RATIO (As on April 30, 2019)Including Additional expenses and Goods and Service Tax on Management Fees
Regular: 2.66% Direct: 1.21%
#BENCHMARK iNDEX: NIFTY 500 (Total Returns Index)
##ADDl. BENCHMARK iNDEX: NIFTY 50 (Total Returns Index)
EXiT lOAD
Upon completion of lock-in period: Nil
PLANS & OPTIONS
Regular Plan, Direct Plan. Under Each Plan offers Growth Option only.
MiNiMUM APPliCATiON AMOUNT
Purchase : ` 5,000 and any amount thereafter.Additional Purchase : ` 1,000 and any amount thereafter.
lOCK-iN PERiOD
Existing investments by investors including SiP / STP registrations, etc (until june 1, 2018):
Units purchased cannot be assigned / transferred / pledged / redeemed / switched out until completion of 5 years from the date of allotment of Units under the Scheme.
Fresh investments by investors including SiP / STP registrations, etc (effective june 2, 2018):
Units purchased cannot be assigned / transferred / pledged / redeemed / switched out until completion of 5 years from the date of allotment of Units or Retirement Age of Unit holder (i.e. completion of 60 years), whichever is earlier.
¥ Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years).
Face Value per Unit: ` 10 unless otherwise specified, + Industry classification as recommended by AMFI, Data is as of April 30, 2019 unless otherwise specified.
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 18 Last 1 Year -2.76 2.98 10.84 9,724 10,298 11,084Apr 29, 16 Last 3 Years 14.38 15.03 15.91 14,971 15,225 15,580Feb 25, 16 Since Inception 18.07 18.78 19.43 16,956 17,281 17,580
Returns greater than 1 year period are compounded annualized (cAGR). For performance of other schemes managed by chirag Setalvad (equities) and Shobhit Mehrotra (Debt), please refer page 52. The Scheme is in existence for more than 1 year but less than 5 years. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 65.
This product is suitable for investors who are seeking ~
l a corpus to provide for pension in the form of income to the extent of the redemption value of their holding after the age of 60 years.
l investment predominantly in equity and equity related instruments.
Riskometer
Investors understand that their principal will be at moderately high risk
~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them. ^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
[An open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier)]HDFC Retirement Savings Fund - Equity Plan
(A notified Tax Savings Cum Pension Scheme)
Company Industry+ / Rating % to NAV
EqUiTY & EqUiTY RElATED
• HDFc Bank Ltd. Banks 8.35
• Reliance Industries Ltd. Petroleum Products 5.18
• IcIcI Bank Ltd. Banks 4.59
• Housing Development Finance corporation Ltd. £ Finance 3.94
• Infosys Ltd. Software 3.93
• Larsen and Toubro Ltd. construction Project 3.18
• Aurobindo Pharma Ltd. Pharmaceuticals 2.40
Aarti Industries Ltd. chemicals 2.00
cholamandalam Investment & Finance Finance 1.73
KEc International Ltd. construction Project 1.73
Axis Bank Ltd. Banks 1.66
carborundum Universal Ltd. Industrial Products 1.65
chambal Fertilizers & chemicals Ltd. Fertilisers 1.61
Kalpataru Power Transmission Ltd. Power 1.57
Mahindra Holidays & Resorts Ind Ltd.
Hotels/Resorts & Other Recreational Activities 1.55
State Bank of India Banks 1.54
Redington (India) Ltd. Transportation 1.49
Balkrishna Industries Ltd. Auto Ancillaries 1.47
Indian Hotels company Ltd. Hotels/Resorts & Other Recreational Activities 1.47
UPL Ltd. Pesticides 1.42
Hexaware Technologies Ltd. Software 1.38
Bajaj electricals Ltd. consumer Durables 1.35
Jagran Prakashan Ltd. Media & entertainment 1.27
NIIT Technologies Ltd. Software 1.23
Sharda cropchem Ltd. Pesticides 1.21
Blue Star Ltd. consumer Durables 1.19
Atul Ltd. chemicals 1.10
SKF India Ltd. Industrial Products 1.08
Power Grid corporation of India Ltd. Power 1.00
Tata Metaliks Ltd. Ferrous Metals 0.97
Hindustan Petroleum corporation Ltd. Petroleum Products 0.96
FINOLEx INDUSTRIES Ltd. Industrial Products 0.95
Indusind Bank Ltd. Banks 0.94
Oriental carbon & chemicals Ltd. chemicals 0.94
Voltas Ltd. consumer Durables 0.91
eIH Ltd. Hotels/Resorts & Other Recreational Activities 0.87
Nilkamal Ltd. Industrial Products 0.87
IFB Industries Ltd. consumer Durables 0.86
Great eastern Shipping company Ltd. Transportation 0.85
T. V. Today Network Ltd. Media & entertainment 0.78
KeI Industries Ltd. Industrial Products 0.76
Tata Steel Ltd. Ferrous Metals 0.64
Vedanta Ltd. Non - Ferrous Metals 0.64
Company Industry+ / Rating % to NAV
Apar Industries Ltd. Industrial capital Goods 0.60
Tata Motors Ltd. DVR Auto 0.60
Timken India Ltd. Industrial Products 0.57
Yes Bank Ltd. Banks 0.57
Tube Investments of India Ltd. Auto Ancillaries 0.55
GNA Axles Ltd. Auto Ancillaries 0.54
Zensar Technologies Ltd. Software 0.50
Mcleod Russel India Ltd. consumer Non Durables 0.47
Tamilnadu Newsprint & Papers Ltd. Paper 0.40
Bank of Baroda Banks 0.37
Greenply Industries Ltd. consumer Durables 0.31
cG Power and Industrial Solutions Ltd. Industrial capital Goods 0.25
Sub Total 80.94DEBT & DEBT RElATEDgOVERNMENT SECURiTiES (CENTRAl/STATE)• 6.84 GOI 2022 Sovereign 3.63
• 7.59 GOI 2026 Sovereign 2.21
Sub Total 5.84CREDiT EXPOSURE • Housing and Urban Development corporation Ltd. cARE - AAA 3.66
Syndicate Bank cARE - A+ 0.52
Union Bank of India cARE - AA- 0.42
Sub Total 4.60Total 10.44cash, cash Equivalents and Net current Assets 8.62
Grand Total 100.00
• Top Ten Holdings, £ co-sponsor
PORTFOLIO
Industry Allocation of Equity Holding (% of Net Assets)
0.400.470.600.640.851.611.612.052.342.402.562.572.63
3.894.044.624.915.675.886.147.04
18.02
0 2 4 6 8 101214161820
PaperConsumer Non Durables
AutoNon - Ferrous Metals
Industrial Capital GoodsFerrous Metals
FertilisersMedia & Entertainment
TransportationPharmaceuticalsAuto Ancillaries
PowerPesticides
Hotels, Resorts & Other Recreational ActivitiesChemicals
Consumer DurablesConstruction Project
FinanceIndustrial Products
Petroleum ProductsSoftware
Banks
April 2019 27
Face Value per Unit: ` 10 unless otherwise specified, + Industry classification as recommended by AMFI, Data is as of April 30, 2019 unless otherwise specified.
[An open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier)]
HDFC Retirement Savings Fund - Hybrid Equity Plan(A notified Tax Savings Cum Pension Scheme)
Company Industry+ / Rating % to
NAV
EqUiTY & EqUiTY RElATED
• HDFc Bank Ltd. Banks 5.81
• Reliance Industries Ltd. Petroleum Products 4.44
• Housing Development
Finance corporation Ltd. £ Finance 3.56
• IcIcI Bank Ltd. Banks 3.56
• Infosys Ltd. Software 2.66
• Merck Ltd. Pharmaceuticals 2.60
• Larsen and Toubro Ltd. construction Project 2.30
Aurobindo Pharma Ltd. Pharmaceuticals 1.87
NIIT Technologies Ltd. Software 1.87
Aarti Industries Ltd. chemicals 1.82
Axis Bank Ltd. Banks 1.63
chambal Fertilizers &
chemicals Ltd. Fertilisers 1.62
cholamandalam Investment
& Finance Finance 1.45
Sundram Fasteners Ltd. Auto Ancillaries 1.40
Redington (India) Ltd. Transportation 1.39
Bajaj electricals Ltd. consumer Durables 1.30
UPL Ltd. Pesticides 1.29
NRB Bearing Ltd. Industrial Products 1.26
Sonata Software Ltd. Software 1.18
State Bank of India Banks 1.17
Balkrishna Industries Ltd. Auto Ancillaries 1.16
Blue Star Ltd. consumer Durables 1.12
Kalpataru Power Transmission
Ltd. Power 1.08
Indian Hotels company Ltd. Hotels/Resorts & Other
Recreational Activities 0.99
Mahindra Holidays & Resorts
Ind Ltd.
Hotels/Resorts & Other
Recreational Activities 0.99
KEc International Ltd. construction Project 0.98
Oriental carbon & chemicals
Ltd. chemicals 0.97
Power Grid corporation of
India Ltd. Power 0.92
crompton Greaves consumer
elec. Ltd. consumer Durables 0.90
Sadbhav engineering Ltd. construction Project 0.90
carborundum Universal Ltd. Industrial Products 0.89
Zensar Technologies Ltd. Software 0.88
Jagran Prakashan Ltd. Media & entertainment 0.75
Shaily engineering Plastics Ltd. Industrial Products 0.70
Company Industry+ / Rating % to
NAV
Nilkamal Ltd. Industrial Products 0.69
SKF India Ltd. Industrial Products 0.68
Hindustan Petroleum
corporation Ltd. Petroleum Products 0.67
cholamandalam Financial
Holdings Ltd. Finance 0.65
Tata Steel Ltd. Ferrous Metals 0.65
Voltas Ltd. consumer Durables 0.65
Shree Pushkar chemicals &
Fertilisers Ltd. chemicals 0.61
Apar Industries Ltd. Industrial capital Goods 0.51
Indusind Bank Ltd. Banks 0.49
Tube Investments of India Ltd. Auto Ancillaries 0.48
Tata Motors Ltd. DVR Auto 0.46
Vedanta Ltd. Non - Ferrous Metals 0.44
Vesuvius India Ltd. Industrial Products 0.38
Yes Bank Ltd. Banks 0.36
Bank of Baroda Banks 0.35
Tamilnadu Newsprint &
Papers Ltd. Paper 0.28
Greenply Industries Ltd. consumer Durables 0.24
Sub Total 66.00
DEBT & DEBT RElATED
gOVERNMENT SECURiTiES (CENTRAl/STATE)
• 6.84 GOI 2022 Sovereign 3.77
6.35 GOI 2020 Sovereign 1.90
7.68 GOI 2023 Sovereign 1.16
7.37 GOI 2023 Sovereign 0.96
8.27 GOI 2020 Sovereign 0.04
Sub Total 7.83
CREDiT EXPOSURE
• Jamnagar Utilities & Power
Pvt. Ltd. (erstwhile Reliance
Utilities & Power Pvt. Ltd.) cARE - AAA 3.75
• State Bank of India cRISIL - AA+ 3.19
Power Grid corporation of
India Ltd. cRISIL - AAA 1.85
Syndicate Bank cARE - A+ 1.34
Reliance Jio Infocomm Ltd. cRISIL - AAA 0.95
Sub Total 11.08
Total 18.91
cash, cash Equivalents and Net current Assets 15.09
Grand Total 100.00
• Top Ten Holdings, £ co-sponsor
PORTFOLIO
KEY FACTS
iNVESTMENT OBjECTiVE
The investment objective of the Scheme is to provide long-term capital appreciation/income by investing in a mix of equity and debt instruments to help investors meet their retirement goals. There is no assurance that the investment objective of the Scheme will be realized.
CATEgORY OF SCHEME: Retirement Fund
FUND MANAgER ¥
Chirag Setalvad (Equities) (since February 25, 2016)
Total Experience - Over 21 years &
Shobhit Mehrotra (Debt) (since February 25, 2016)
Total Experience: Over 25 years
iNCEPTiON DATE (Date of Allotment)
February 25, 2016
NAV (AS ON APRIL 30, 2019) NAV PER UNIT (`)
Regular Plan 16.743Direct Plan 17.617
ASSETS UNDER MANAgEMENT (`) iN CRORE
As on April 30, 2019 263.30Average for Month of April, 2019 260.23
qUANTiTATiVE DATA
Portfolio Turnover Ratio 5.30%Average Maturity * 2.13 yearsMacaulay Duration * 1.77 yearsModified Duration * 1.65 yearsYield to Maturity * 7.32%* computed on the invested amount for debt portfolio.
TOTAL ExPENSE RATIO (As on April 30, 2019)Including Additional expenses and Goods and Service Tax on Management Fees
Regular: 2.73% Direct: 1.35%
#BENCHMARK iNDEX: NIFTY 50 Hybrid composite Debt 65:35 Index
##ADDl. BENCHMARK iNDEX: NIFTY 50 (Total Returns Index)
EXiT lOAD
Upon completion of lock-in period: Nil
PLANS & OPTIONS
Regular Plan, Direct Plan. Under Each Plan offers Growth Option only.
MiNiMUM APPliCATiON AMOUNT
Purchase : ` 5,000 and any amount thereafter.Additional Purchase : ` 1,000 and any amount thereafter.
lOCK-iN PERiOD
Existing investments by investors including SiP / STP registrations, etc (until june 1, 2018):
Units purchased cannot be assigned / transferred / pledged / redeemed / switched out until completion of 5 years from the date of allotment of Units under the Scheme.
Fresh investments by investors including SiP / STP registrations, etc (effective june 2, 2018):
Units purchased cannot be assigned / transferred / pledged / redeemed / switched out until completion of 5 years from the date of allotment of Units or Retirement Age of Unit holder (i.e. completion of 60 years), whichever is earlier.
¥ Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years).
(The Plan underwent Change in Fundamental Attributes i.e. change in Asset Allocation Pattern w.e.f. March 14, 2019).
CATEgORY OF SCHEME: RETIREMENT FUND
28 April 2019
Portfolio Classification By Asset Class (%)
n equity 66.00
n G-Sec 7.83
n credit Exposure 11.08
n cash, cash Equivalents and Net current Assets 15.09
Portfolio Classification By Rating Class (%)
n equity 66.00n Sovereign 7.83n AAA/AAA(SO)/A1+/A1+(SO) &
equivalent 6.55n AA+ 3.19n A+ & Below 1.34n cash, cash Equivalents and Net
current Assets 15.09
This product is suitable for investors who are seeking ~
l a corpus to provide for pension in the form of income to the extent of the redemption value of their holding after the age of 60 years.
l investment predominantly in equity and equity related instruments & balance in debt and money market instruments.
Riskometer
Investors understand that their principal will be at moderately high risk
~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 18 Last 1 Year 2.62 9.92 10.84 10,262 10,992 11,084
Apr 29, 16 Last 3 Years 14.75 12.89 15.91 15,115 14,391 15,580
Feb 25, 16 Since Inception 17.61 15.45 19.43 16,743 15,789 17,580
Returns greater than 1 year period are compounded annualized (cAGR). Scheme performance may not strictly be comparable with that of its Additional Benchmark in view of hybrid nature of the scheme where a portion of scheme’s investments are made in equity instruments. The Scheme is in existence for more than 1 year but less than 5 years. For performance of other schemes managed by chirag Setalvad (Equities) and Shobhit Mehrotra (Debt), please refer page 52. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 65.
^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
[An open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age(whichever is earlier)]
HDFC Retirement Savings Fund - Hybrid Equity Plan(A notified Tax Savings Cum Pension Scheme)
Industry Allocation of Equity Holding (% of Net Assets)
0.280.440.460.510.650.751.291.391.621.982.00
3.043.40
4.184.214.474.605.115.66
6.5913.37
0 2 4 6 8 10 12 14 16
PaperNon - Ferrous Metals
AutoIndustrial Capital Goods
Ferrous MetalsMedia & Entertainment
PesticidesTransportation
FertilisersHotels, Resorts & Other Recreational Activities
PowerAuto Ancillaries
ChemicalsConstruction ProjectConsumer Durables
PharmaceuticalsIndustrial Products
Petroleum ProductsFinance
SoftwareBanks
.....Contd from previous page
April 2019 29
CATEgORY OF SCHEME: RETIREMENT FUND
KEY FACTS
iNVESTMENT OBjECTiVEThe investment objective of the Scheme is to provide long-term capital appreciation/income by investing in a mix of equity and debt instruments to help investors meet their retirement goals. There is no assurance that the investment objective of the Scheme will be realized.
CATEgORY OF SCHEME: Retirement Fund
FUND MANAgER ¥
Chirag Setalvad (Equities) (since February 26, 2016)
Total Experience - Over 21 years &Shobhit Mehrotra (Debt) (since February 26, 2016)
Total Experience: Over 25 years
iNCEPTiON DATE (Date of Allotment)February 26, 2016
NAV (AS ON APRIL 30, 2019) NAV PER UNIT (`)Regular Plan 13.0335Direct Plan 13.6896
ASSETS UNDER MANAgEMENT (`) iN CROREAs on April 30, 2019 64.81Average for Month of April, 2019 64.68
qUANTiTATiVE DATAAverage Maturity * 4.37 yearsMacaulay Duration * 3.47 yearsModified Duration * 3.23 yearsYield to Maturity * 8.29%* computed on the invested amount for debt portfolio.
TOTAL ExPENSE RATIO (As on April 30, 2019)Including Additional expenses and Goods and Service Tax on Management FeesRegular: 2.28% Direct: 1.14%
#BENCHMARK iNDEX: NIFTY 50 Hybrid composite Debt 15:85 Index##ADDl. BENCHMARK iNDEX: cRISIL 10 Year Gilt Index
EXiT lOADUpon completion of lock-in period: Nil
PLANS & OPTIONSRegular Plan, Direct Plan. Under Each Plan offers Growth Option only.MiNiMUM APPliCATiON AMOUNTPurchase : ` 5,000 and any amount thereafter.Additional Purchase : ` 1,000 and any amount thereafter.
lOCK-iN PERiODExisting investments by investors including SiP / STP registrations, etc (until june 1, 2018):Units purchased cannot be assigned / transferred / pledged / redeemed / switched out until completion of 5 years from the date of allotment of Units under the Scheme. Fresh investments by investors including SiP / STP registrations, etc (effective june 2, 2018): Units purchased cannot be assigned / transferred / pledged / redeemed / switched out until completion of 5 years from the date of allotment of Units or Retirement Age of Unit holder (i.e. completion of 60 years), whichever is earlier.¥ Dedicated Fund Manager for Overseas Investments:
Mr. Amar Kalkundrikar (Total Experience: Over 16 years).
Face Value per Unit: ` 10 unless otherwise specified, + Industry classification as recommended by AMFI, Data is as of April 30, 2019 unless otherwise specified.
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 3.02 8.34 8.98 10,302 10,834 10,898Apr 29, 16 Last 3 Years 7.81 8.34 5.77 12,534 12,718 11,834Feb 26, 16 Since Inception 8.70 9.53 6.65 13,034 13,351 12,268
Returns greater than 1 year period are compounded annualized (cAGR). Scheme performance may not strictly be comparable with that of its Additional Benchmark in view of hybrid nature of the scheme where a portion of scheme’s investments are made in equity instruments. The Scheme is in existence for more than 1 year but less than 5 years. For performance of other schemes managed by chirag Setalvad (equities) and Shobhit Mehrotra (Debt), please refer page 52. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 65.
This product is suitable for investors who are seeking ~
l a corpus to provide for pension in the form of income to the extent of the redemption value of their holding after the age of 60 years.
l investment predominantly in debt and money market instruments & balance in equity and equity related instruments.
Riskometer
Investors understand that their principal will be at moderately high risk
~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them. ^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
Portfolio Classification By Asset Class (%)
n equity 18.47
n G-Sec 30.32
n credit Exposure 42.22
n cash, cash Equivalents and Net current Assets 8.99
Portfolio Classification By Rating Class (%)
n equity 18.47n Sovereign 30.32n AAA/AAA(SO)/A1+/A1+(SO)
& equivalent 21.97n AA+ 6.86n AA/AA- 2.92n A+ & Below 10.47n cash, cash Equivalents and
Net current Assets 8.99
[An open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier)]
HDFC Retirement Savings Fund - Hybrid Debt Plan(A notified Tax Savings Cum Pension Scheme)
Company Industry+ / Rating % to NAV
EqUiTY & EqUiTY RElATED
IcIcI Bank Ltd. Banks 1.55
HDFc Bank Ltd. Banks 1.22
Sundram Fasteners Ltd. Auto Ancillaries 0.94
Reliance Industries Ltd. Petroleum Products 0.86
Aarti Industries Ltd. chemicals 0.81
NIIT Technologies Ltd. Software 0.74
Axis Bank Ltd. Banks 0.69
Larsen and Toubro Ltd. construction Project 0.69
Infosys Ltd. Software 0.67
Tata Steel Ltd. Ferrous Metals 0.56
Blue Star Ltd. consumer Durables 0.52
carborundum Universal Ltd. Industrial Products 0.50
chambal Fertilizers & chemicals Ltd. Fertilisers 0.48
Redington (India) Ltd. Transportation 0.47
Oriental carbon & chemicals Ltd. chemicals 0.46
Bajaj electricals Ltd. consumer Durables 0.45
State Bank of India Banks 0.45
NRB Bearing Ltd. Industrial Products 0.43
Avanti Feeds Ltd. consumer Non Durables 0.42
Mahindra Holidays & Resorts Ind Ltd.
Hotels/Resorts & Other Recreational Activities 0.40
Vesuvius India Ltd. Industrial Products 0.38
Indian Hotels company Ltd. Hotels/Resorts & Other Recreational Activities 0.37
SKF India Ltd. Industrial Products 0.37
Kalpataru Power Transmission Ltd. Power 0.36
Time Technoplast Ltd. Industrial Products 0.35
GNA Axles Ltd. Auto Ancillaries 0.34
Hindustan Petroleum corporation Ltd. Petroleum Products 0.34
Zensar Technologies Ltd. Software 0.33
Apar Industries Ltd. Industrial capital Goods 0.31
Nilkamal Ltd. Industrial Products 0.27
Power Grid corporation of India Ltd. Power 0.26
Company Industry+ / Rating % to NAV
Aurobindo Pharma Ltd. Pharmaceuticals 0.25
Timken India Ltd. Industrial Products 0.25
Bank of Baroda Banks 0.23
Sadbhav engineering Ltd. construction Project 0.18
Tube Investments of India Ltd. Auto Ancillaries 0.18
Poddar Pigments Ltd. chemicals 0.16
Tamilnadu Newsprint & Papers Ltd. Paper 0.15
Tata Motors Ltd. DVR Auto 0.08
Sub Total 18.47
DEBT & DEBT RElATED
gOVERNMENT SECURiTiES (CENTRAl/STATE)
• 7.37 GOI 2023 Sovereign 11.65
• 7.68 GOI 2023 Sovereign 10.98
• 8.27 GOI 2020 Sovereign 7.69
Sub Total 30.32
CREDiT EXPOSURE
• Indian Railways Finance corp. Ltd. cRISIL - AAA 7.72
• Power Grid corporation of India Ltd. cRISIL - AAA 7.50
• Starlite Lighting Ltd. (corporate Guarantee of Bajaj electrical Ltd.) IcRA - A+(SO) 7.37
• State Bank of India cRISIL - AA+ 6.86
• Jamnagar Utilities & Power Pvt. Ltd. (erstwhile Reliance Utilities & Power Pvt. Ltd.) cARE - AAA 3.81
• Syndicate Bank cARE - A+ 3.10
• Reliance Jio Infocomm Ltd. cRISIL - AAA 2.94
Union Bank of India cARE - AA- 2.92
Sub Total 42.22
Total 72.54
cash, cash Equivalents and Net current Assets 8.99
Grand Total 100.00
• Top Ten Holdings
PORTFOLIO
30 April 2019
CATEgORY OF SCHEME: EqUITY SAVINGS FUND
KEY FACTS
iNVESTMENT OBjECTiVETo provide capital appreciation by investing in equity & equity related instruments, Arbitrage opportunities, and Debt & money market instruments.There is no assurance that the investment objective of the Scheme will be realized.
CATEgORY OF SCHEME: Equity Savings Fund
FUND MANAgER ¥
Vinay Kulkarni (equities) (since November 21, 06)
Total Experience: Over 29 years Krishan Kumar Daga (equities) (since January 08, 16)
Total Experience: Over 22 yearsAnil Bamboli (Debt) (since September 17, 04)
Total Experience: Over 23 years
iNCEPTiON DATE (Date of Allotment)September 17, 2004
NAV (AS ON APRIL 30, 2019) NAV PER UNIT (`)Regular Plan - Growth Option 36.844Regular Plan - Dividend Option 11.124Direct Plan - Growth Option 39.106Direct Plan - Dividend Option 11.978
ASSETS UNDER MANAgEMENT (`) iN CROREAs on April 30, 2019 5,758.10Average for Month of April, 2019 5,848.52
qUANTiTATiVE DATAPortfolio Turnover Ratio 29.96%Average Maturity * 1.74 yearsMacaulay Duration * 1.55 yearsModified Duration * 1.43 yearsYield to Maturity * 8.78%* computed on the invested amount for debt portfolio.
TOTAL ExPENSE RATIO (As on April 30, 2019)Including Additional expenses and Goods and Service Tax on Management FeesRegular: 1.96% Direct: 1.10%
#BENCHMARK iNDEX: 40% NIFTY 50 Arbitrage Index, 30% cRISIL Short Term Bond Fund Index and 30% NIFTY 50 (Total Returns Index)
##ADDl. BENCHMARK iNDEX: NIFTY 50 (Total Returns Index)
EXiT lOADl In respect of each purchase / switch-in of Units, upto 15%
of the units may be redeemed without any exit load from the date of allotment.
l Any redemption in excess of the above limit shall be subject to the following exit load:
n exit load of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment of units.
l No exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment.
For further details, please refer to para ‘Exit Load’ on Pg 52.
PLANS & OPTIONSRegular Plan, Direct Plan. Under each Plan : Growth & Dividend. The Dividend Option offers Dividend Payout and Reinvestment facility.
MiNiMUM APPliCATiON AMOUNTPurchase : ` 5,000 and any amount thereafter.Additional Purchase : ` 1,000 and any amount thereafter.
¥ Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years).
This product is suitable for investors who are seeking ~l capital appreciation while generating income over medium to
long term.l provide capital appreciation and income distribution to the
investors by using equity and equity related instruments, arbitrage opportunities, and investments in debt and money market instruments.
Riskometer
Investors understand that their principal will be at moderately high risk
~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
SiP PERFORMANCE ^ - Regular plan - growth OptionSince Inception SIP 10 year SIP 5 Year SIP 3 Year SIP 1 Year SIP
Total Amount Invested (` ‘000) 1,760.00 1,200.00 600.00 360.00 120.00 Mkt Value As on April 30, 2019 (` ‘000) 3,668.98 1,943.79 746.51 402.59 124.89 Returns (%) 9.41 9.33 8.69 7.42 7.71 Benchmark Returns (%) # N.A. N.A. N.A. N.A. N.A. Additional Benchmark Returns (%) ## 12.52 12.10 12.16 13.97 14.87
Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. cAGR returns are computed after accounting for the cash flow by using xIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. N.A. Not Available.
PERFORMANCE ^ - Regular plan - growth OptionDate Period^^ Scheme
Returns (%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 investedScheme (`) Benchmark
(`)#Additional
Benchmark (`)##
Apr 30, 18 Last 1 Year 5.15 8.16 10.84 10,515 10,816 11,084Apr 29, 16 Last 3 Years 11.05 9.18 15.91 13,698 13,019 15,580Apr 30, 14 Last 5 Years 9.56 9.12 13.32 15,790 15,473 18,693Sep 17, 04 Since Inception 9.33 N.A. 15.41 36,844 N.A. 81,341
^^Effective December 16, 2015, certain changes, including changes to fundamental attributes, were effected in the erstwhile HDFc Multiple Yield Fund, (an open ended income scheme) which was renamed as HDFc Equity Savings Fund, an open ended equity scheme. On account of these changes, the performance during the period(s) from September 17, 2004 to December 15, 2015 is not comparable.Returns greater than 1 year period are compounded annualized (cAGR). N.A. Not Available. Scheme performance may not strictly be comparable with that of its Additional Benchmark, since a portion of scheme’s investments are made in debt instruments. Performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. For performance of other schemes managed by Vinay Kulkarni (equities), Krishan Kumar Daga (equities) and Anil Bamboli (Debt), please refer page 52. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 64.^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
Face Value per Unit: ` 10 unless otherwise specified, + Industry classification as recommended by AMFI, Data is as of April 30, 2019 unless otherwise specified. ...contd on next page
PORTFOLIO
Portfolio Classification By Rating Class (%)
n equity 69.29n Sovereign 1.21n AAA/AAA(SO)/A1+/A1+(SO)
& equivalent 7.93n AA+ 4.92n AA/AA- 1.72n A+ & Below 4.86n cash, cash Equivalents and
Net current Assets 10.07
(An open ended scheme investing in equity, arbitrage and debt)HDFC Equity Savings Fund
Company Industry+ / Rating % to NAV (Hedged & Unhedged)
% exposure of Derivative
EqUiTY & EqUiTY RElATED• Reliance Industries Ltd. Petroleum Products 5.43 1.14• Housing Development Finance corporation
Ltd. £ Finance 4.63 4.63• IcIcI Bank Ltd. Banks 4.33 0.00• NTPc Ltd. Power 3.70 0.00• Infosys Ltd. Software 3.38 0.09• HDFc Bank Ltd. Banks 3.36 0.00• State Bank of India Banks 2.55 0.23Larsen and Toubro Ltd. construction Project 2.52 0.00Tata Steel Ltd. Ferrous Metals 2.29 2.12ITc Ltd. consumer Non Durables 1.84 0.14GAIL (India) Ltd. Gas 1.57 0.00
Company Industry+ / Rating % to NAV (Hedged & Unhedged)
% exposure of Derivative
Aurobindo Pharma Ltd. Pharmaceuticals 1.51 0.89Vedanta Ltd. Non - Ferrous Metals 1.37 0.00Yes Bank Ltd. Banks 1.36 1.36Maruti Suzuki India Ltd. Auto 1.34 1.34Sun Pharmaceutical Industries Ltd. Pharmaceuticals 1.28 1.28Tata Motors Ltd. Auto 1.05 0.75Dr Reddys Laboratories Ltd. Pharmaceuticals 1.03 1.03LIc Housing Finance Ltd. Finance 0.99 0.71Mahindra & Mahindra Ltd. Auto 0.94 0.75Bajaj Finance Ltd. Finance 0.80 0.80Oil & Natural Gas corporation Ltd. Oil 0.74 0.00Shriram Transport Finance co. Ltd. Finance 0.72 0.72Power Grid corporation of India Ltd. Power 0.70 0.00
PORTFOLIO
Industry Allocation of Equity Holding (% of Net Assets)
0.020.060.140.170.260.270.280.360.510.610.650.670.740.880.941.371.681.70
2.724.15
4.965.00
10.52
0 2 4 6 8 10 12
Media & EntertainmentCement
Auto AncillariesFerrous Metals
PesticidesTelecom - Services
Minerals/MiningChemicals
TransportationFinance
ConstructionAuto
OilIndustrial Capital Goods
PharmaceuticalsNon - Ferrous Metals
GasConsumer Non Durables
Construction ProjectSoftware
Petroleum ProductsPowerBanks
April 2019 31
Face Value per Unit: ` 10 unless otherwise specified, + Industry classification as recommended by AMFI, cD - certificate of Deposit; cP - commercial Papers. Data is as of April 30, 2019 unless otherwise specified.
(An open ended scheme investing in equity, arbitrage and debt) .....Contd from previous pageHDFC Equity Savings Fund
Company Industry+ / Rating % to NAV (Hedged & Unhedged)
% exposure of Derivative
JSW Steel Ltd. Ferrous Metals 0.66 0.66DLF Ltd. construction 0.64 0.64Tata consultancy Services Ltd. Software 0.62 0.62Titan company Ltd. consumer Durables 0.61 0.61Bharat Petroleum corporation Ltd. Petroleum Products 0.48 0.00L&T Technology Services Ltd. Software 0.45 0.00United Spirits Ltd. consumer Non Durables 0.45 0.45Tata Global Beverages Ltd. consumer Non Durables 0.44 0.44Mahindra & Mahindra Financial Services Ltd. Finance 0.43 0.43JMc Projects (India) Ltd. construction 0.41 0.00Gujarat Pipavav Port Ltd. Transportation 0.40 0.00Grasim Industries Ltd. cement 0.39 0.39Hindalco Industries Ltd. Non - Ferrous Metals 0.39 0.39UPL Ltd. Pesticides 0.39 0.13Multi commodity Exchange of India L Finance 0.38 0.38The Federal Bank Ltd. Banks 0.38 0.38Tata Motors Ltd. DVR Auto 0.37 0.19Tata chemicals Ltd. chemicals 0.36 0.00Dabur India Ltd. consumer Non Durables 0.35 0.35cipla Ltd. Pharmaceuticals 0.34 0.02Petronet LNG Ltd. Gas 0.33 0.33Texmaco Rail & engineering Ltd. Industrial capital Goods 0.33 0.00Ashok Leyland Ltd. Auto 0.31 0.31EScORTS Ltd. Auto 0.31 0.31Strides Pharma Science Ltd. Pharmaceuticals 0.31 0.31Adani Power (Mundra) Ltd. (Secured by Shares of Adani Port & SeZ Ltd.) Power 0.29 0.29centum Electronics Ltd. Industrial capital Goods 0.29 0.00Havells India Ltd. consumer Durables 0.29 0.29Axis Bank Ltd. Banks 0.28 0.06coal India Ltd. Minerals/Mining 0.28 0.00Bharti Airtel Ltd.* Telecom - Services 0.27 0.00cESc Ltd. Power 0.27 0.00NHPc Ltd. Power 0.27 0.00Hindustan Unilever Ltd. consumer Non Durables 0.26 0.26equitas Holdings Ltd. Finance 0.24 0.24Ncc Ltd. construction Project 0.24 0.24Zee entertainment enterprises Ltd. Media & entertainment 0.24 0.24century Textiles & Industries Ltd. cement 0.23 0.23Newgen Software Technologies Ltd. Software 0.23 0.00Bank of Baroda Banks 0.22 0.00Hero Motocorp Ltd. Auto 0.21 0.21ITD cementation India Ltd. construction 0.21 0.00Hindustan Petroleum corporation Ltd. Petroleum Products 0.19 0.00Jindal Steel & Power Ltd. Ferrous Metals 0.19 0.19Punjab National Bank Banks 0.19 0.12eclerx Services Ltd. Software 0.18 0.00Power Finance corporation Ltd. Finance 0.18 0.00cadila Healthcare Ltd. Pharmaceuticals 0.17 0.17HcL Technologies Ltd. Software 0.16 0.16The Tata Power company Ltd. Power 0.16 0.16Ashoka Buildcon Ltd. construction Project 0.15 0.00Reliance Nippon Life Asset Management Ltd. Finance 0.15 0.00Apollo Tyres Ltd. Auto Ancillaries 0.14 0.00Asian Paints Ltd. consumer Non Durables 0.14 0.14Godrej consumer Products Ltd. consumer Non Durables 0.14 0.14Raymond Ltd. Textile Products 0.14 0.14Titagarh Wagons Ltd. Industrial capital Goods 0.13 0.00Ambuja cements Ltd. cement 0.12 0.12Mahanagar Gas Ltd. Gas 0.12 0.01Bharat Financial Inclusion Ltd. Finance 0.11 0.11container corporation of India Ltd. Transportation 0.11 0.00Gujarat State Fertilizers & chemicals Fertilisers 0.11 0.11Tata elxsi Ltd. Software 0.11 0.11Wockhardt Ltd. Pharmaceuticals 0.11 0.11Glenmark Pharmaceuticals Ltd. Pharmaceuticals 0.10 0.10Lupin Ltd. Pharmaceuticals 0.10 0.10Biocon Ltd. Pharmaceuticals 0.09 0.09JAIN Irrigation Systems Ltd. Industrial Products 0.09 0.09Max Financial Services Ltd. Finance 0.09 0.09Mindtree consulting Ltd. Software 0.09 0.09BeML Ltd. Industrial capital Goods 0.08 0.00Godrej Industries Ltd. consumer Non Durables 0.08 0.08IRB Infrastructure Developers Ltd. construction 0.07 0.07
Company Industry+ / Rating % to NAV (Hedged & Unhedged)
% exposure of Derivative
Tata communications Ltd. Telecom - Services 0.07 0.07Kalpataru Power Transmission Ltd. Power 0.06 0.00Orient cement Ltd. cement 0.06 0.00Sun TV Network Ltd. Media & entertainment 0.06 0.06Bharat electronics Ltd. Industrial capital Goods 0.05 0.00IDFc Ltd. Finance 0.05 0.05KEc International Ltd. construction Project 0.05 0.00Nestle India Ltd. consumer Non Durables 0.05 0.05United Breweries Ltd. consumer Non Durables 0.05 0.05Adani Ports & Special economic Zone Transportation 0.04 0.04Hexaware Technologies Ltd. Software 0.04 0.04MRF Ltd. Auto Ancillaries 0.04 0.04Bosch Ltd. Auto Ancillaries 0.03 0.03Godfrey Phillips India Ltd. consumer Non Durables 0.03 0.03IcIcI Prudential Life Insurance company Ltd. Finance 0.03 0.03IDBI Bank Ltd. Banks 0.03 0.03Indusind Bank Ltd. Banks 0.03 0.03Kotak Mahindra Bank Ltd. Banks 0.03 0.03NBcc (India) Ltd. construction 0.03 0.00Shree cement Ltd. cement 0.03 0.03Acc Ltd. cement 0.02 0.02Bajaj Finserv Ltd. Finance 0.02 0.02Bharat Heavy electricals Ltd. Industrial capital Goods 0.02 0.02canFin Homes Ltd. Finance 0.02 0.02Reliance Power Ltd. Power 0.02 0.02S chand and company Ltd. Media & entertainment 0.02 0.00Siemens Ltd. Industrial capital Goods 0.02 0.02cholamandalam Investment & Finance Finance 0.01 0.01Syndicate Bank Banks 0.01 0.01MPS Ltd. Software @Sub Total 69.29Preference SharesZee entertainment enterprises Ltd Media & entertainment @Sub Total @Total 69.29DEBT & DEBT RElATEDgOVERNMENT SECURiTiES (CENTRAl/STATE)7.16 GOI 2023 Sovereign 1.21Sub Total 1.21CREDiT EXPOSURE • Housing Development Finance corporation
Ltd. £ cRISIL - AAA / IcRA - AAA 3.49• Punjab National Bank cARE - A+ 3.41• State Bank of India cARE - AA+ / cRISIL - AA+ 2.75HDFc Bank Ltd. cARE - AA+ 1.75Syndicate Bank cARE - A+ 1.45Mahindra & Mahindra Financial Services Ltd. cARE - AAA / IND - AAA 1.29Reliance Jio Infocomm Ltd. cRISIL - AAA / IcRA - AAA 1.28Union Bank of India cARE - AA- / IND - AA 0.92Power Finance corporation Ltd. cRISIL - AAA 0.84ONGc Petro additions Ltd. (OPAL) (Put on ONGc Ltd.) cRISIL - AAA(SO) 0.43Axis Bank Ltd. cRISIL - AA+ 0.42canara Bank cRISIL - AA 0.42Aarish Solar Power Private Ltd. (Greenko) cARE - AA-(SO) 0.20Bank of Baroda cARE - AA 0.17Power Grid corporation of India Ltd. cRISIL - AAA 0.17JM Financial Asset Reconstruction company Ltd. IcRA - AA- 0.01Sub Total 19.00MONEY MARKET INSTRUMENTSCD/CPAxis Bank Ltd. cRISIL - A1+ 0.43Sub Total 0.43Total 20.21Short Term Deposits as margin for Futures & Options 8.16cash, cash Equivalents and Net current Assets 1.91Grand Total 100.00
• Top Ten Holdings, £ co-sponsor , @ Less than 0.01%, * Includes Rights entitlement
Outstanding exposure in derivative instruments (` in crore) 1,771.06
Hedged position in Equity & Equity related instruments
Outstanding derivative exposure (% age) 30.76
PORTFOLIO
32 April 2019
CATEgORY OF SCHEME: cONSERVATIVE HYBRID FUND
KEY FACTS
iNVESTMENT OBjECTiVE
To generate income / capital appreciation by investing primarily in debt securities, money market instruments and moderate exposure to equities.
There is no assurance that the investment objective of the Scheme will be realized.
CATEgORY OF SCHEME: conservative Hybrid Fund
FUND MANAgER ¥
Prashant Jain (equities) (since December 26, 03)
Total Experience: Over 27 years &Shobhit Mehrotra (Debt) (since September 1, 07)
Total Experience: Over 25 years
iNCEPTiON DATE (Date of Allotment)
December 26, 2003
NAV (AS ON APRIL 30, 2019) NAV PER UNIT (`)
Regular Plan - Growth Option 45.4557Regular Plan - Monthly Dividend Option 12.9735Regular Plan - quarterly Dividend Option 13.6877Direct Plan - Growth Option 46.9638Direct Plan - Monthly Dividend Option 13.5489Direct Plan - quarterly Dividend Option 14.2913
ASSETS UNDER MANAgEMENT (`) iN CRORE
As on April 30, 2019 3,101.27Average for Month of April, 2019 3,137.08
qUANTiTATiVE DATA
Average Maturity * 3.89 yearsMacaulay Duration * 3.12 yearsModified Duration * 2.91 yearsYield to Maturity * 8.53%* computed on the invested amount for debt portfolio.
TOTAL ExPENSE RATIO (As on April 30, 2019)Including Additional expenses and Goods and Service Tax on Management Fees
Regular: 1.80% Direct: 1.39%
#BENCHMARK iNDEX: NIFTY 50 Hybrid composite Debt 15:85 Index
##ADDl. BENCHMARK iNDEX: cRISIL 10 year Gilt Index
EXiT lOAD
l In respect of each purchase / switch-in of Units, 15% of the Units (“the limit”) may be redeemed without any exit load from the date of allotment.
l Any redemption in excess of the limit shall be subject to the following exit load:
n exit load of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment of units.
l No exit load is payable if Units are redeemed / switched-out after 1 year from the date of allotment.
For further details, please refer to para ‘Exit Load’ on Pg 52.
PLANS & OPTIONS
Regular Plan, Direct Plan. Under each Plan : Growth, Monthly Dividend & quarterly Dividend Option. The Dividend Option offers Dividend Payout and Reinvestment facility.
MiNiMUM APPliCATiON AMOUNT
Purchase: (Growth & quarterly Dividend Option) - ` 5,000 and any amount thereafter. (Monthly Dividend Option) - ` 25,000 and any amount thereafter.Additional Purchase : ` 1,000 and any amount thereafter.
¥ Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years).
Face Value per Unit: ` 10 unless otherwise specified, + Industry classification as recommended by AMFI, cD - certificate of Deposit; cP - commercial Papers. Data is as of April 30, 2019 unless otherwise specified.
Company Industry+ / Rating % to NAV
EqUiTY & EqUiTY RElATED
• IcIcI Bank Ltd. Banks 2.63
• State Bank of India Banks 2.40
Infosys Ltd. Software 2.31
Larsen and Toubro Ltd. construction Project 1.52
HDFc Bank Ltd. Banks 1.27
NTPc Ltd. Power 1.12
Bharat Petroleum corporation Ltd. Petroleum Products 1.10
Tata consultancy Services Ltd. Software 0.83
Power Finance corporation Ltd. Finance 0.79
Power Grid corporation of India Ltd. Power 0.78
chambal Fertilizers & chemicals Ltd. Fertilisers 0.75
Apar Industries Ltd. Industrial capital Goods 0.71
Axis Bank Ltd. Banks 0.63
Tata chemicals Ltd. chemicals 0.56
Bank of Baroda Banks 0.52
cipla Ltd. Pharmaceuticals 0.51
canara Bank Banks 0.50
MeP Infrastructure Developers Ltd. Transportation 0.48
Rural electrification corporation Ltd. Finance 0.47
Hindustan Petroleum corporation Ltd. Petroleum Products 0.46
Vedanta Ltd. Non - Ferrous Metals 0.46
NHPc Ltd. Power 0.45
Tata Steel Ltd. Ferrous Metals 0.43
coal India Ltd. Minerals/Mining 0.42
Punjab National Bank Banks 0.40
GAIL (India) Ltd. Gas 0.37
Syndicate Bank Banks 0.36
Aurobindo Pharma Ltd. Pharmaceuticals 0.34
Texmaco Rail & engineering Ltd. Industrial capital Goods 0.31
Union Bank of India Banks 0.27
cG Power and Industrial Solutions Ltd. Industrial capital Goods 0.21
corporation Bank Banks 0.15
Mishra Dhatu Nigam Ltd. Ferrous Metals 0.15
Elecon Engineering comapny Ltd. Industrial capital Goods 0.03
Titagarh Wagons Ltd. Industrial capital Goods 0.02
Rallis India Ltd. Pesticides @
Company Industry+ / Rating % to NAV
Tata Motors Ltd. DVR Auto @
Sub Total 24.71
DEBT & DEBT RElATED
gOVERNMENT SECURiTiES (CENTRAl/STATE)
• 7.17 GOI 2028 Sovereign 3.62
• 7.35 GOI 2024 Sovereign 2.41
7.59 GOI 2029 Sovereign 1.29
7.73 GOI 2034 Sovereign 0.50
7.68 GOI 2023 Sovereign 0.33
GOI 2023 Sovereign 0.24
8.28 GOI 2027 Sovereign 0.17
8.10% Tamil Nadu SDL - Mat 110325 Sovereign 0.08
8.15 GOI 2026 Sovereign 0.01
Sub Total 8.65
CREDiT EXPOSURE
• Power Finance corporation Ltd. cARE - AAA / cRISIL - AAA / IcRA - AAA 8.93
• Rural Electrification corporation Ltd.
cARE - AAA / cRISIL - AAA 5.00
• Reliance Industries Ltd. cRISIL - AAA 4.72
• Tata capital Financial Services Ltd. IcRA - AAA 3.20
• State Bank of India cRISIL - AA+ / cRISIL - AAA 2.60
• National Bank for Agriculture and Rural Development cRISIL - AAA 2.38
Punjab National Bank cARE - A+ 2.29
LIc Housing Finance Ltd. cARE - AAA / cRISIL - AAA 2.12
Union Bank of India cARE - AA- / IND - AA 2.03
TATA International Ltd. cARE - A+ 1.93
Adani Transmission Ltd. IND - AA+ 1.61
Indian Railways Finance corp. Ltd.
cARE - AAA / cRISIL - AAA 1.60
HDFc Bank Ltd. cARE - AA+ 1.59
Tata Realty and Infrastructure Ltd. cRISIL - AA 1.58
canara Bank IcRA - AA 1.55
Andhra Bank cARE - A+ 1.44
HPcL-Mittal Energy Ltd. IcRA - AA+ 1.36
Reliance Jio Infocomm Ltd. cRISIL - AAA 1.34
The Tata Power company Ltd. cRISIL - AA- 1.16
National Highways Authority of India
cARE - AAA / cRISIL - AAA 1.12
Andhra Pradesh expressway Ltd. (NHAI Annuity) IcRA - AAA(SO) 1.04
Power Grid corporation of India Ltd. cRISIL - AAA 1.00
(An open ended hybrid scheme investing predominantly in debt instruments)HDFC Hybrid Debt Fund
PORTFOLIO
April 2019 33
Face Value per Unit: ` 10 unless otherwise specified, + Industry classification as recommended by AMFI, Data is as of April 30, 2019 unless otherwise specified.
This product is suitable for investors who are seeking ~
l to generate long-term income / capital appreciation
l investments primarily in debt securities, money market instruments and moderate exposure to equities
Riskometer
Investors understand that their principal will be at moderately high risk
~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
SiP PERFORMANCE ^ - Regular plan - growth Option
Since Inception SIP
15 year SIP 10 year SIP 5 Year SIP 3 Year SIP 1 Year SIP
Total Amount Invested (` ‘000) 1,850.00 1,800.00 1,200.00 600.00 360.00 120.00
Mkt Value As on April 30, 2019 (` ‘000) 4,123.95 3,902.15 1,883.91 711.86 388.98 124.61
Returns (%) 9.71 9.66 8.74 6.78 5.11 7.25
Benchmark Returns (%) # 8.63 8.66 8.58 7.98 7.31 9.93
Additional Benchmark Returns (%) ## 6.32 6.38 6.53 6.20 4.74 9.50
Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. cAGR returns are computed after accounting for the cash flow by using xIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark (`)##
Apr 27, 18 Last 1 Year 5.09 8.34 8.98 10,509 10,834 10,898
Apr 29, 16 Last 3 Years 8.03 8.34 5.77 12,611 12,718 11,834
Apr 30, 14 Last 5 Years 9.48 9.35 7.95 15,734 15,636 14,665
Dec 26, 03 Since Inception 10.36 8.16 5.39 45,456 33,327 22,379
Returns greater than 1 year period are compounded annualized (cAGR). Scheme performance may not strictly be comparable with that of its Additional Benchmark in view of hybrid nature of the scheme where a portion of scheme’s investments are made in equity instruments. For performance of other schemes managed by Prashant Jain (Equities) and Shobhit Mehrotra (Debt), please refer page 52. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 64.
^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
Note: Effective close of business hours of May 25, 2018, HDFc MF Monthly Income Plan – Long Term Plan (MIP-LTP) underwent changes in Fundamental Attributes and was renamed as HDFc Hybrid Debt Fund (HHDF) and HDFc MF Monthly Income Plan – Short Term Plan was merged therein. As the portfolio structuring of HHDF closely resembles the erstwhile MIP-LTP, the past performance of MIP-LTP is provided, in line with SeBI circular on Performance disclosure post consolidation/ merger of scheme dated April 12, 2018.
Portfolio Classification By Asset Class (%)
n equity 24.71
n G-Sec, SDL 8.65
n cP 0.76
n cD 1.60n credit Exposure 59.22
n cash, cash Equivalents and Net current Assets 5.06
Portfolio Classification By Rating Class (%)
n equity 24.71n Sovereign 8.65n AAA/AAA(SO)/A1+/A1+(SO)
& equivalent 40.98n AA+ 6.13n AA/AA- 7.12n A+ & Below 7.35n cash, cash Equivalents and
Net current Assets 5.06
(An open ended hybrid scheme investing predominantly in debt instruments) .....Contd from previous pageHDFC Hybrid Debt Fund
Company Industry+ / Rating % to NAV
Syndicate Bank cARE - A+ 0.99
Kotak Mahindra Bank Ltd. cRISIL - AAA 0.83
Housing and Urban Development corporation Ltd. cARE - AAA 0.81
Bank of Baroda cARE - AA+ 0.80
Housing Development Finance corporation Ltd. £ cRISIL - AAA 0.80
ONGc Petro additions Ltd. (OPAL) (Put on ONGc Ltd.) cRISIL - AAA(SO) 0.77
Hazaribagh Ranchi expressway Ltd. (NHAI Annuity) cARE - D 0.66
Shriram city Union Finance Ltd. cARE - AA+ 0.40
EcL Finance Ltd. IcRA - A1+ 0.34
export - Import Bank of India cRISIL - AAA 0.34
Hindalco Industries Ltd. cRISIL - AA 0.33
Vedanta Ltd. cRISIL - AA 0.22
Tata Steel Ltd. cARE - AA- 0.17
Company Industry+ / Rating % to NAV
Tata Motors Ltd. cARE - AA 0.08
Bharati Telecom Ltd. cRISIL - AA+ 0.05
Asian Satellite Broadcast Pvt. Ltd. (Secured with shares of Zee entertainment enterprise Ltd.) BRIcKWORKS - A(SO) 0.04
Sub Total 59.22
Total 67.87
MONEY MARKET INSTRUMENTS
CD/CP
Axis Bank Ltd. cRISIL - A1+ 1.60
Kotak Mahindra Investments Ltd. cRISIL - A1+ 0.76
Sub Total 2.36
cash, cash Equivalents and Net current Assets 5.06
Grand Total 100.00
• Top Ten Holdings, £ co-sponsor, @ Less than 0.01%
PORTFOLIO
34 April 2019
CATEgORY OF SCHEME: ARBITRAGE FUND
KEY FACTS
iNVESTMENT OBjECTiVE
To generate income through arbitrage opportunities and debt & money market instruments.
There is no assurance that the investment objective of the Scheme will be realized.
CATEgORY OF SCHEME: Arbitrage Fund
FUND MANAgER ¥
Krishan Kumar Daga (since September 10, 15)
Total Experience: Over 22 years
iNCEPTiON DATE (Date of Allotment)
October 23, 2007
NAV (AS ON APRIL 30, 2019) NAV PER UNIT (`)
Retail PlanRegular Plan - Growth Option 21.617Regular Plan - Dividend Option 16.056Regular Plan - Quarterly Dividend Option 15.358Direct Plan - Growth Option 22.302Direct Plan - Quarterly Dividend Option 16.900
Wholesale PlanRegular Plan - Growth Option 22.087Regular Plan - Dividend Option 10.385Regular Plan - Monthly Dividend Option 10.807Direct Plan - Growth Option 14.070Direct Plan - Dividend Option 10.766Direct Plan - Monthly Dividend Option 10.485
ASSETS UNDER MANAgEMENT (`) iN CRORE
As on April 30, 2019 3,390.77Average for Month of April, 2019 3,389.22
qUANTiTATiVE DATA
Portfolio Turnover Ratio (Last 1 year) 131.03%Average Maturity * 282 daysMacaulay Duration * 266 daysModified Duration * 234 daysYield to Maturity * 8.01%* computed on the invested amount for debt portfolio.
TOTAL ExPENSE RATIO (As on April 30, 2019)Including Additional expenses and Goods and Service Tax on Management Fees
Regular: 0.75% Direct: 0.25%
#BENCHMARK iNDEX: NIFTY 50 Arbitrage Index
##ADDl. BENCHMARK iNDEX: NIFTY 50 (Total Returns Index)
EXiT lOAD
l In respect of each purchase / switch-in of Units, an exit Load of 0.25% is payable if Units are redeemed / switched-out within 1 month from the date of allotment.
l No exit Load is payable if Units are redeemed / switched-out after 1 month from the date of allotment.
For further details, please refer to para ‘Exit Load’ on Pg 52.
PLANS & OPTIONS
(Wholesale Plan) - Regular Plan, (Wholesale Plan) - Direct Plan.Under Each Plan : Growth & Dividend. Dividend Option offers Monthly Dividend Option and Normal Dividend Option with Payout and Reinvestment facility.
MiNiMUM APPliCATiON AMOUNT
Purchase/Additional Purchase: ̀ 1 lakh and any amount thereafter.
¥ Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years).
Company Industry+ / Rating % to NAV
EqUiTY & EqUiTY RElATED (quantity fully hedged using Futures/Options)
EqUITY
• Reliance Industries Ltd. Petroleum Products 8.03
• Aurobindo Pharma Ltd. Pharmaceuticals 5.95
• Sun Pharmaceutical Industries Ltd. Pharmaceuticals
5.35
• Tata consultancy Services Ltd. Software 4.52
• Yes Bank Ltd. Banks 3.53
• Hindustan Unilever Ltd. consumer Non Durables 2.87
• Mahindra & Mahindra Ltd. Auto 2.65
• Housing Development Finance corporation Ltd. £ Finance
2.57
• Maruti Suzuki India Ltd. Auto 2.21
Adani Ports & Special economic Zone Transportation
1.51
Infosys Ltd. Software 1.48
Tata Steel Ltd. Ferrous Metals 1.36
Nestle India Ltd. consumer Non Durables 1.20
Shriram Transport Finance co. Ltd. Finance
1.20
Lupin Ltd. Pharmaceuticals 1.16
Dabur India Ltd. consumer Non Durables 1.05
Ncc Ltd. construction Project 1.00
HcL Technologies Ltd. Software 0.95
HDFc Bank Ltd. Banks 0.95
Titan company Ltd. consumer Durables 0.94
Adani enterprises Ltd. Trading 0.89
Dr Reddys Laboratories Ltd. Pharmaceuticals 0.83
Tata Motors Ltd. DVR Auto 0.72
UPL Ltd. Pesticides 0.67
Hero Motocorp Ltd. Auto 0.66
ITc Ltd. consumer Non Durables 0.66
Hindalco Industries Ltd. Non - Ferrous Metals 0.64
Indiabulls Housing Finance Ltd. Finance 0.62
century Textiles & Industries Ltd. cement 0.61
DLF Ltd. construction 0.61
Strides Pharma Science Ltd. Pharmaceuticals 0.56
Bharat Financial Inclusion Ltd. Finance 0.55
Marico Ltd. consumer Non Durables 0.52
Ashok Leyland Ltd. Auto 0.51
LIc Housing Finance Ltd. Finance 0.49
Godrej consumer Products Ltd. consumer Non Durables 0.44
The Tata Power company Ltd. Power 0.42
Adani Power (Mundra) Ltd. (Secured by Shares of Adani Port & SeZ Ltd.) Power
0.38
Multi commodity Exchange of India Ltd. Finance
0.38
Bajaj Finserv Ltd. Finance 0.35
Bank of Baroda Banks 0.35
Raymond Ltd. Textile Products 0.35
Company Industry+ / Rating % to NAV
Mahindra & Mahindra Financial Services Ltd. Finance
0.34
Petronet LNG Ltd. Gas 0.31
cipla Ltd. Pharmaceuticals 0.26
Havells India Ltd. consumer Durables 0.26
United Spirits Ltd. consumer Non Durables 0.25
Glenmark Pharmaceuticals Ltd. Pharmaceuticals 0.24
Axis Bank Ltd. Banks 0.23
cadila Healthcare Ltd. Pharmaceuticals 0.23
equitas Holdings Ltd. Finance 0.22
Bharat Heavy electricals Ltd. Industrial capital Goods 0.21
Godrej Industries Ltd. consumer Non Durables 0.21
IRB Infrastructure Developers Ltd. construction 0.19
IDFc Ltd. Finance 0.18
canFin Homes Ltd. Finance 0.17
Tata elxsi Ltd. Software 0.16
Hindustan Petroleum corporation Ltd. Petroleum Products
0.15
Wockhardt Ltd. Pharmaceuticals 0.15
Grasim Industries Ltd. cement 0.14
Siemens Ltd. Industrial capital Goods 0.13
JAIN Irrigation Systems Ltd. Industrial Products 0.11
Acc Ltd. cement 0.10
MRF Ltd. Auto Ancillaries 0.10
National Aluminium co. Ltd. Non - Ferrous Metals 0.10
Torrent Pharmaceuticals Ltd. Pharmaceuticals 0.10
Kotak Mahindra Bank Ltd. Banks 0.09
TV18 Broadcast Ltd. Media & entertainment 0.08
Kajaria ceramics Ltd. construction 0.07
EScORTS Ltd. Auto 0.06
GAIL (India) Ltd. Gas 0.05
Gujarat State Fertilizers & chemicals Fertilisers
0.05
Bharat Petroleum corporation Ltd. Petroleum Products
0.04
Zee entertainment enterprises Ltd. Media & entertainment
0.04
Biocon Ltd. Pharmaceuticals 0.03
exide Industries Ltd. Auto Ancillaries 0.03
IFcI Ltd. Finance 0.03
Jindal Steel & Power Ltd. Ferrous Metals 0.03
Shree cement Ltd. cement 0.03
The South Indian Bank Ltd. Banks 0.03
Ambuja cements Ltd. cement 0.02
Asian Paints Ltd. consumer Non Durables 0.02
Britannia Industries Ltd. consumer Non Durables 0.02
Reliance Power Ltd. Power 0.02
The Federal Bank Ltd. Banks 0.02
Oracle Financial Services Software Ltd.
Software 0.01
Sub Total 68.00
Face Value per Unit: ` 10 unless otherwise specified, + Industry classification as recommended by AMFI, Data is as of April 30, 2019 unless otherwise specified. ....contd on next page
(An open ended scheme investing in arbitrage opportunities)HDFC Arbitrage FundPORTFOLIO
April 2019 35
This product is suitable for investors who are seeking ~
l income over short term.
l income through arbitrage opportunities between cash and derivative market and arbitrage opportunities within the derivative segment.
Riskometer
Investors understand that their principal will be at moderately low risk
~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
PERFORMANCE ^ - Wholesale Plan - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 18 Last 1 Year 5.94 5.87 10.84 10,594 10,587 11,084Apr 29, 16 Last 3 Years 5.93 5.32 15.91 11,887 11,683 15,580Apr 30, 14 Last 5 Years 6.44 6.24 13.32 13,662 13,539 18,693Oct 23, 07 Since Inception 7.12 N.A. 8.11 22,087 N.A. 24,560
Returns greater than 1 year period are compounded annualized (cAGR). N.A. Not Available. Scheme performance is not strictly comparable with that of its Additional Benchmark since the scheme does not take directional call in equity markets but is limited to availing arbitrage opportunities, etc. For performance of other schemes managed by Krishan Kumar Daga, please refer page 52. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 60.
Face Value per Unit: ` 10 unless otherwise specified, + Industry classification as recommended by AMFI, cD - certificate of Deposit; cP - commercial Papers, Data is as of April 30, 2019 unless otherwise specified.
^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
Portfolio Classification By Rating Class (%)
n equity 68.00n AAA/AAA(SO)/A1+/A1+(SO)
& equivalent 4.40n AA+ 0.06n AA/AA- 1.44n A+ & Below 3.56n cash, cash Equivalents and
Net current Assets 22.54
Portfolio Classification By Asset Class (%)
n equity 68.00
n cD 3.66
n credit Exposure 5.80
n cash, cash Equivalents and Net current Assets 22.54
(An open ended scheme investing in arbitrage opportunities) .....Contd from previous pageHDFC Arbitrage Fund
Company Industry+ / Rating % to NAV
DEBT & DEBT RElATED
CREDiT EXPOSURE
• Punjab National Bank cARE - A+ 2.25
Vedanta Ltd. cRISIL - AA 1.44
ONGc Petro additions Ltd. (OPAL) (Put on ONGc Ltd.) cRISIL - AAA(SO) 0.74
Syndicate Bank cARE - A+ 0.72
Andhra Bank cARE - A+ 0.59
IcIcI Bank Ltd. IcRA - AA+ 0.06
Sub Total 5.80
MONEY MARKET INSTRUMENTS
CD/CP
Oriental Bank of commerce cRISIL - A1+ 2.20
Company Industry+ / Rating % to NAV
Andhra Bank IND - A1+ 0.73
IcIcI Bank Ltd. IcRA - A1+ 0.73
Sub Total 3.66
Short Term Deposits as margin for Futures & Options 18.87
cash, cash Equivalents and Net current Assets 3.67
Grand Total 100.00
• Top Ten Holdings, £ co-sponsor, @ less than 0.01%
Outstanding exposure in derivative instruments (` in crore) 2,316.43
Hedged position in Equity & Equity related instruments
Outstanding derivative exposure (% age) 68.32
PORTFOLIOIndustry Allocation of Equity Holding (% of Net Assets)
0.05
0.11
0.12
0.13
0.34
0.35
0.36
0.67
0.74
0.82
0.87
0.89
0.90
1.00
1.20
1.39
1.51
5.20
6.81
7.10
7.12
7.24
8.22
14.86
0 2 4 6 8 10 12 14 16
Fertilisers
Industrial Products
Media & Entertainment
Auto Ancillaries
Industrial Capital Goods
Textile Products
Gas
Pesticides
Non - Ferrous Metals
Power
Construction
Trading
Cement
Construction Project
Consumer Durables
Ferrous Metals
Transportation
Banks
Auto
Finance
Software
Consumer Non Durables
Petroleum Products
Pharmaceuticals
36 April 2019
CATEgORY OF SCHEME: cORPORATE BOND FUND
KEY FACTSiNVESTMENT OBjECTiVE
To generate income/capital appreciation through investments predominantly in AA+ and above rated corporate bonds.
There is no assurance that the investment objective of the Scheme will be realized.
CATEgORY OF SCHEME: corporate Bond Fund
FUND MANAgER ¥
Anupam Joshi (since October 27, 15)
Total Experience: Over 12 years
iNCEPTiON DATE (Date of Allotment)
June 29, 2010
NAV (AS ON APRIL 30, 2019) NAV PER UNIT (`)
Regular Plan - Growth Option 20.8290Regular Plan - Dividend Option 14.1667Regular Plan - quarterly Dividend Option 10.2103Direct Plan - Growth Option 20.9553Direct Plan - Dividend Option 14.3813Direct Plan - quarterly Dividend Option 10.1058
ASSETS UNDER MANAgEMENT (`) iN CRORE
As on April 30, 2019 12,683.98Average for Month of April, 2019 12,506.34
qUANTiTATiVE DATA
Average Maturity * 3.43 yearsMacaulay Duration * 2.69 yearsModified Duration * 2.49 yearsYield to Maturity * 8.26%* computed on the invested amount.
TOTAL ExPENSE RATIO (As on April 30, 2019)Including Additional expenses and Goods and Service Tax on Management Fees
Regular: 0.45% Direct: 0.40%
#BENCHMARK iNDEX: cRISIL composite Bond Fund Index
##ADDl. BENCHMARK iNDEX: cRISIL 10 year Gilt Index
EXiT lOAD
Nil
PLANS & OPTIONS
Regular Plan, Direct Plan. Under both the Plans: Growth, Quarterly Dividend & Normal Dividend. Both Dividend options offer Payout and Reinvestment facilities.
MiNiMUM APPliCATiON AMOUNT
Purchase : ` 5,000 and any amount thereafter. Additional Purchase : ` 1,000 and any amount thereafter.
¥ Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years).
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 8.21 8.06 8.98 10,821 10,806 10,898Apr 29, 16 Last 3 Years 7.80 7.25 5.77 12,531 12,338 11,834Apr 30, 14 Last 5 Years 8.55 8.87 7.95 15,074 15,301 14,665Jun 29, 10 Since Inception 8.65 7.91 6.31 20,829 19,608 17,173
Returns greater than 1 year period are compounded annualized (cAGR). Performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. For performance of other schemes managed by Anupam Joshi, please refer page 52. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 60.
Face Value per Unit: ` 10 unless otherwise specified, cD - certificate of Deposit; cP - commercial Papers, Data is as of April 30, 2019 unless otherwise specified.
This product is suitable for investors who are seeking ~
l income over short to medium term
l to generate income/capital appreciation through investments predominantly in AA+ and above rated corporate bonds
Riskometer
Investors understand that their principal will be at moderately low risk
~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Issuer Rating % to NAVDEBT & DEBT RElATEDgOVERNMENT SECURiTiES (CENTRAl/STATE)7.27 GOI 2026 Sovereign 1.567.32 GOI 2024 Sovereign 0.798.35% Gujarat SDL - ISD 060319 Mat 060329 Sovereign 0.607.42% Maharashtra SDL - Mat 110522 Sovereign 0.418.16% Karnataka SDL - Mat 200329 Sovereign 0.168.37% Tamil Nadu SDL - ISD 060319 Mat 060329 Sovereign 0.168.64% Tamil Nadu SDL - Mat 060721 Sovereign 0.028.76% Maharashtra SDL - Mat 220222 Sovereign 0.027.68 GOI 2023 Sovereign 0.01Sub Total 3.73CREDiT EXPOSURE • Housing Development
Finance corporation Ltd. £ cRISIL - AAA 7.39• LIc Housing Finance Ltd. cARE - AAA / cRISIL - AAA 7.16• Reliance Industries Ltd. cRISIL - AAA / IcRA - AAA 6.15• ONGc Petro additions Ltd.
(OPAL) (Put on ONGc Ltd.) cRISIL - AAA(SO) 5.43• Rural Electrification
corporation Ltd. cRISIL - AAA / IND - AAA 5.04• Mahindra & Mahindra
Financial Services Ltd. IND - AAA 4.33• Indiabulls Housing Finance Ltd. cARE - AAA 4.23• National Highways Authority
of India cARE - AAA / cRISIL - AAA 3.97• HDB Financial Services Ltd. cARE - AAA / cRISIL - AAA 3.75• Power Finance corporation Ltd. cARE - AAA / cRISIL -
AAA / IcRA - AAA 3.71National Bank for Agriculture and Rural Development cRISIL - AAA 3.39Power Grid corporation of India Ltd. cRISIL - AAA 2.85Bajaj Finance Ltd. cRISIL - AAA / IND - AAA 2.74Indian Railways Finance corp. Ltd. cRISIL - AAA 2.74Bank of Baroda cARE - AAA 2.35State Bank of India cRISIL - AAA 2.02Reliance Jio Infocomm Ltd. cRISIL - AAA 2.00
Issuer Rating % to NAVReliable Devices Trust (PTc banked by receivables from Reliance Retail Ltd.) IcRA - AAA(SO) 1.91NTPc Ltd. cRISIL - AAA 1.50Food corporation of India (corporate guarantee from Govt of India) cRISIL - AAA(SO) 1.35export - Import Bank of India cRISIL - AAA 1.24Tata Sons Ltd. cRISIL - AAA 1.05L&T Infrastructure Finance Ltd. cARE - AAA 0.95Sikka Port and Terminal Ltd. (erstwhile Reliance Ports and Terminals Ltd.) cARE - AAA 0.72Andhra Pradesh expressway Ltd. (NHAI Annuity) IcRA - AAA(SO) 0.43NHPc Ltd. cARE - AAA 0.40Larsen and Toubro Ltd. cRISIL - AAA 0.39Nabha Power Ltd. (corporate Guarantee of L&T Ltd.) IcRA - AAA(SO) 0.39Jamnagar Utilities & Power Pvt. Ltd. (erstwhile Reliance Utilities & Power Pvt. Ltd.) cARE - AAA 0.35Small Industries Development Bank cARE - AAA 0.34Toyota Financial Services India Ltd. cRISIL - AAA 0.23Gujarat Road and Infra co Ltd. IcRA - AAA(SO) 0.20Housing and Urban Development corporation Ltd. cARE - AAA 0.20Kotak Mahindra Prime Ltd. cRISIL - AAA 0.20Daimler Fin Ser (I) Pvt Ltd. IND - AAA 0.17Sub Total 81.27Total 85.00MONEY MARKET INSTRUMENTSCD/CPBank of Baroda cRISIL - A1+ 2.21National Bank for Agriculture and Rural Development cRISIL - A1+ 2.21Oriental Bank of commerce cRISIL - A1+ 2.11Tata Sons Ltd. cRISIL - A1+ 1.66Andhra Bank cARE - A1+ 0.37Axis Bank Ltd. cRISIL - A1+ 0.18IDFc First Bank Ltd. cRISIL - A1+ 0.15Sub Total 8.89cash, cash Equivalents and Net current Assets 6.11
Grand Total 100.00
• Top Ten Holdings, £ co-sponsor
^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance. Note: Effective close of business hours of May 8, 2018, HDFc Medium Term Opportunities Fund (HMTOF) underwent changes in Fundamental Attributes and was renamed as HDFc corporate Bond Fund (HcBF) and HDFc Floating Rate Income Fund – Long Term Plan and HDFc Gilt Fund – Short Term Plan were merged therein. As the portfolio structuring of HcBF closely resembles the erstwhile HMTOF, the past performance of HMTOF is provided, in line with SEBI circular on Performance disclosure post consolidation/ merger of scheme dated April 12, 2018.
Portfolio Classification By Asset Class (%)
n G-Sec, SDL 3.73
n cP 1.66
n cD 7.23
n credit Exposure 81.27
n cash, cash Equivalents and Net current Assets 6.11
Portfolio Classification By Rating Class (%)
n Sovereign 3.73n AAA/AAA(SO)/A1+/A1+(SO)
& equivalent 90.16n cash, cash Equivalents and
Net current Assets 6.11
(An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds)HDFC Corporate Bond Fund
PORTFOLIO
April 2019 37
CATEgORY OF SCHEME: cREDIT RISK FUND
KEY FACTS
iNVESTMENT OBjECTiVE
To generate income/capital appreciation by investing predominantly in AA and below rated corporate debt.
There is no assurance that the investment objective of the Scheme will be realized.
CATEgORY OF SCHEME: credit Risk Fund
FUND MANAgER ¥
Shobhit Mehrotra (since March 25, 14)
Total Experience: Over 25 years
iNCEPTiON DATE (Date of Allotment)
March 25, 2014
NAV (AS ON APRIL 30, 2019) NAV PER UNIT (`)
Regular Plan - Growth Option 15.2680Regular Plan - Dividend Option 14.0585Regular Plan - quarterly Dividend Option 10.2907Direct Plan - Growth Option 15.9378Direct Plan - Dividend Option 13.9707Direct Plan - quarterly Dividend Option 10.4139
ASSETS UNDER MANAgEMENT (`) iN CRORE
As on April 30, 2019 15,965.70Average for Month of April, 2019 16,084.82
qUANTiTATiVE DATA
Average Maturity * 2.53 yearsMacaulay Duration * 2.13 yearsModified Duration * 1.96 yearsYield to Maturity * 9.87%* computed on the invested amount.
#BENCHMARK iNDEX: cRISIL Short Term Bond Fund Index
##ADDl. BENCHMARK iNDEX: cRISIL 10 year Gilt Index
TOTAL ExPENSE RATIO (As on April 30, 2019)Including Additional expenses and Goods and Service Tax on Management Fees
Regular: 1.45% Direct: 0.99%
EXiT lOAD
l In respect of each purchase / switch-in of Units, 15% of the units (“the limit”) may be redeemed without any exit Load from the date of allotment
l Any redemption in excess of the above limit shall be subject to the following exit load:
n In respect of each purchase / switch-in of Units, an exit Load of 1.00% is payable if Units are redeemed / switched-out within 12 months from the date of allotment
n In respect of each purchase / switch-in of Units, an exit Load of 0.50% is payable if Units are redeemed / switched-out after 12 months but within 18 months from the date of allotment
l No exit Load is payable if Units are redeemed / switched-out after 18 months from the date of allotment
For further details, please refer to para ‘Exit Load’ on Pg 52.
PLANS & OPTIONS
Regular Plan, Direct Plan. Under each Plan: Growth, Quarterly Dividend and Normal Dividend. Both Dividend options offers Payout and Reinvestment facilities.
MiNiMUM APPliCATiON AMOUNT
Purchase : ` 5,000 and any amount thereafter. Additional Purchase : ` 1,000 and any amount thereafter.
¥ Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years).
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 6.57 8.03 8.98 10,657 10,803 10,898Apr 29, 16 Last 3 Years 7.21 7.41 5.77 12,326 12,395 11,834Apr 30, 14 Last 5 Years 8.57 8.21 7.95 15,089 14,840 14,665Mar 25, 14 Since Inception 8.65 8.24 7.92 15,268 14,977 14,751
The above returns are for Regular Plan - Growth Option. Returns greater than 1 year period are compounded annualized (cAGR). Performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. Load is not taken into consideration for computation of performance. For performance of other schemes managed by Shobhit Mehrotra, please refer page 52. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 59.
This product is suitable for investors who are seeking ~
l income over short to medium terml to generate income/capital appreciation by investing
predominantly in AA and below rated corporate debt (excluding AA+ rated corporate bonds)
Riskometer
Investors understand that their principal will be at moderate risk
~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Note: Effective close of business hours of May 8, 2018, HDFc corporate Debt Opportunities Fund (HcDOF) underwent changes in Fundamental Attributes and was renamed as HDFc credit Risk Debt Fund (HcRDF) and HDFc Regular Savings Fund was merged therein. As the portfolio structuring of HcRDF closely resembles the erstwhile HcDOF, the past performance of HcDOF is provided, in line with SeBI circular on Performance disclosure post consolidation/ merger of scheme dated April 12, 2018.
Portfolio Classification By Asset Class (%)
n SDL 0.32
n cD 1.79
n credit Exposure 93.77
n cash, cash Equivalents and Net current Assets 4.12
Portfolio Classification By issuer Rating Class (%) ≈
n Sovereign 0.32n AAA/AAA(SO)/A1+/A1+(SO)
& equivalent 24.41n AA+ 8.94n AA/AA- 41.23n A+ & Below 20.98n cash, cash Equivalents and
Net current Assets 4.12
[An open ended debt scheme predominantly investing in AA andbelow rated corporate bonds (excluding AA+ rated corporate bonds)]HDFC Credit Risk Debt Fund
PORTFOLIO
Company Industry+ / Security Rating
Issuer Rating % to NAV
DEBT & DEBT RElATED
gOVERNMENT SECURiTiES (CENTRAl/STATE)
8.39% Rajasthan SDL - Mat 150322 Sovereign Sovereign 0.32
Sub Total 0.32
CREDiT EXPOSURE
• HPcL-Mittal Energy Ltd. IcRA - AA+ IcRA - AA+ 4.67
• TATA International Ltd. cARE - A+ IcRA - A 4.34
• Vedanta Ltd. cRISIL - AA cRISIL - AA 3.65
• Rural Electrification corporation Ltd. cARE - AAA / cRISIL - AAA cRISIL - AAA 3.25
• Tata Steel Ltd. cARE - AA / cARE - AA- cARE - AA 3.12
• The Tata Power company Ltd. cARE - AA / cRISIL - AA- cRISIL - AA- 3.04
• Muthoot Finance Ltd. cRISIL - AA / IcRA - AA IcRA - AA- 2.73
Company Industry+ / Security Rating
Issuer Rating % to NAV
• Jamnagar Utilities & Power Pvt. Ltd. (erstwhile Reliance Utilities & Power Pvt. Ltd.)
cARE - AAA / cRISIL - AAA cRISIL - AAA 2.55
• Punjab National Bank cARE - A+ IcRA - AA- 2.53
• Talwandi Sabo Power Ltd. (corporate Guarantee of Vedanta Ltd.) cRISIL - AA(SO) IND - A+ 2.49
HDFc Bank Ltd. cARE - AA+ cRISIL - AAA 2.46
Dilip Buildcon Ltd. cRISIL - A cRISIL - A 2.44
Sikka Port and Terminal Ltd. (erstwhile Reliance Ports and Terminals Ltd.) cARE - AAA cRISIL - AAA 2.17
Power Finance corporation Ltd. cARE - AAA / cRISIL - AAA / IcRA - AAA cRISIL - AAA 2.10
Reliance Jio Infocomm Ltd. cRISIL - AAA cRISIL - AAA 1.89
DB consolidated Pvt. Ltd. (Dainik Bhaskar Group company) NA - UNRATeD INTERNAL - A-(SO) 1.88
Tata Sky Ltd. (Subsidiary of Tata Sons) c R I S I L - A A cRISIL - AA 1.84
LIc Housing Finance Ltd. cARE - AAA / cRISIL - AAA cRISIL - AAA 1.74
Face Value per Unit: ` 10 unless otherwise specified, Data is as of April 30, 2019 unless otherwise specified. ≈ Based on long term rating.
38 April 2019
Company Industry+ / Security Rating
Issuer Rating % to NAV
coastal Gujarat Power Ltd. (corporate Guarantee of Tata Power) cARE - AA(SO) cARE - AA(SO) 1.71
Prism Johnson Ltd. IcRA - A- / IND - A- IcRA - A- 1.68
Sadbhav Infrastructure Project Ltd. (corporate Guarantee of Sadbhav engineering Ltd.) cARE - A(SO) cARE - A(SO) 1.61
ADANI TRANSMISSION LTD. IND - AA+ IND - AA+ 1.43
SANSAR TRUST NOV 2018 (PTc of pools from Shriram Transport Finance co. Ltd.) IcRA - AAA(SO) IcRA - AAA(SO) 1.40
Travis March 2019 (Trust) cRISIL - AA(SO) cRISIL - AA(SO) 1.24
JM Financial Asset Reconstruction company Ltd. IcRA - AA- cRISIL - AA- 1.22
Bajaj electricals Ltd. IcRA - A+ NA - A+ 1.18
Primat Infrapower & Multiventures Pvt. Ltd. (Secured with shares of Zee entertainment enterprise Ltd. & Dish TV Ltd.)
BRIcKWORKS - A(SO) / BRIcKWORKS - A+(SO) BRIcKWORKS - A(SO) 1.09
Hindalco Industries Ltd. cRISIL - AA cRISIL - AA 1.08
Shriram Transport Finance co. Ltd. cARE - AA+ / cRISIL - AA+ / IND - AA+ cRISIL - AA+ 1.02
Balin March 2019 cRISIL - A1+(SO) INTeRNAL - AA- 0.98
Reliable Devices Trust (PTc banked by receivables from Reliance Retail Ltd.) IcRA - AAA(SO) IcRA - AAA(SO) 0.97
Indiabulls Housing Finance Ltd. cARE - AAA / cRISIL - AAA cRISIL - AA+ 0.94
Housing Development Finance corporation Ltd. £ cRISIL - AAA cRISIL - AAA 0.93
GeRA Development Private Ltd. cARE - AA- cARE - AA- 0.92
Power Grid corporation of India Ltd. cRISIL - AAA cRISIL - AAA 0.89
Tata Motors Ltd. cARE - AA cRISIL - AA 0.86
Starlite Lighting Ltd. (corporate Guarantee of Bajaj electrical Ltd.) IcRA - A+(SO) IcRA - A+(SO) 0.83
KEc International Ltd. IcRA - AA- cARE - AA- 0.79
Syndicate Bank cARE - A+ cRISIL - AA 0.79
Simplex Infrastructures Ltd. cARE - A- cARE - A- 0.78
TATA Housing Development co Ltd. IcRA - AA cARE - AA 0.77
Tata Motors Finance Ltd. cARE - AA cRISIL - AA 0.72
Union Bank of India IND - AA cARE - AA- 0.71
NTPc Ltd. cRISIL - AAA cRISIL - AAA 0.66
emami Realty Ltd. (Secured with shares of emami Ltd.) BRIcKWORKS - AA-(SO) BRIcKWORKS - AA-(SO) 0.64
Raj Infra Properties Pvt. Ltd. (Secured with shares of emami Ltd.) BRIcKWORKS - AA-(SO) BRIcKWORKS - AA-(SO) 0.64
Bharat Petroleum corporation Ltd. cRISIL - AAA cRISIL - AAA 0.62
Gateway Distriparks Ltd. IND - AA- IND - AA- 0.61
Axis Bank Ltd. cRISIL - AA+ cRISIL - AAA 0.61
Indostar capital Finance Ltd. cARE - AA- cARE - AA- 0.61
Aarish Solar Power Private Ltd. (Greenko) cARE - AA-(SO) cARE - AA-(SO) 0.51
Aashman energy Private Ltd. (Greenko) cARE - AA-(SO) cARE - AA-(SO) 0.51
Divyesh Power Private Ltd. (Greenko) cARE - AA-(SO) cARE - AA-(SO) 0.51
elena Renewable energy Private Ltd.(Greenko) cARE - AA-(SO) cARE - AA-(SO) 0.51
Pratyash Renewable Private Ltd. (Greenko) cARE - AA-(SO) cARE - AA-(SO) 0.51
SeI Baskara Power Private Ltd. (Greenko) cARE - AA-(SO) BRIcKWORKS - AA-(SO) 0.51
SeI enerstar Renewable energy Pvt Ltd. (Greenko) cARE - AA-(SO) cARE - AA-(SO) 0.51
SeI Mihir energy Private Ltd. (Greenko) cARE - AA-(SO) cARE - AA-(SO) 0.51
Shreyas Renewable energy Private Ltd. (Greenko) cARE - AA-(SO) cARE - AA-(SO) 0.51
Zuvan energy Private Ltd. (Greenko) cARE - AA-(SO) cARE - AA-(SO) 0.51
Tata Realty and Infrastructure Ltd. cRISIL - AA cRISIL - AA 0.45
APL Apollo Tubes Ltd. cARE - AA- cARE - AA- 0.44
Andhra Bank cARE - A+ cRISIL - AA 0.43
Company Industry+ / Security Rating
Issuer Rating % to NAV
Nuvoco Vistas corporation Ltd. (100% subsidiary of Nirma Ltd. & erstwhile Lafarge India Ltd.) cRISIL - AA cRISIL - AA 0.41
Au Small Finance Bank Ltd. IND - AA- cARE - A+ 0.39
PNB Housing Finance Ltd. IND - AA+ cRISIL - AA+ 0.39
Raviraj Viniyog Pvt. Ltd. (Secured with shares of emami Ltd.) BRIcKWORKS - AA-(SO) BRIcKWORKS - AA-(SO) 0.36
JM Financial credit Solutions Ltd. IcRA - AA cRISIL - AA 0.33
Housing and Urban Development corporation Ltd. cARE - AAA cARE - AAA 0.32
India Infoline Finance Ltd. IcRA - AA cRISIL - AA 0.32
National Highways Authority of India cRISIL - AAA cRISIL - AAA 0.32
L&T Housing Finance Ltd. cARE - AA+ cARE - AAA 0.31
Prabhakar Viniyog Pvt. Ltd. (Secured with shares of emami Ltd.) BRIcKWORKS - AA-(SO) IND - AA-(SO) 0.31
Hinduja Leyland Finance Ltd. cARE - AA- cARE - AA- 0.30
Inox Air Products Pvt. Ltd. cRISIL - AA cRISIL - AA 0.30
edisons Infrapower & Multiventures Pvt. Ltd. (Secured with shares of Zee entertainment enterprise Ltd. & Dish TV Ltd.) BRIcKWORKS - A(SO) BRIcKWORKS - A(SO) 0.30
Aarti Industries Ltd. cRISIL - AA- cRISIL - AA- 0.26
KKR India Financial Services Pvt Ltd. cRISIL - AA+ cRISIL - AA+ 0.26
Aspire Home Finance corporation Ltd. (Subsidiary of Motilal Oswal Financial Services Ltd.) cRISIL - A+ / IcRA - A+ cRISIL - A+ 0.23
century Textiles & Industries Ltd. cRISIL - AA cARE - AA- 0.21
Arm Infra & Utilities Pvt. Ltd. (Secured with shares of Zee entertainment enterprise Ltd.)
BRIcKWORKS - A(SO) / BRIcKWORKS - A+(SO) BRIcKWORKS - A(SO) 0.17
EcL Finance Ltd. cARE - AA cRISIL - AA 0.17
Repco Home Finance Ltd. cARE - AA IcRA - AA- 0.17
Indian Railways Finance corp. Ltd. cRISIL - AAA cRISIL - AAA 0.16
Mahanagar Telephone Nigam Ltd. (corporate guarantee from Govt of India) cRISIL - AAA(SO) cRISIL - AAA(SO) 0.16
Sundaram Finance Ltd. IcRA - AAA IND - AA+ 0.15
Hazaribagh Ranchi expressway Ltd. (NHAI Annuity) cARE - D cARE - D 0.14
Kalpataru Power Transmission Ltd. cRISIL - AA cRISIL - AA 0.14
TMF Holdings Ltd. (Subsidiary of Tata Motors Ltd.) cRISIL - AA cRISIL - AA 0.14
G R Infraprojects Ltd. cARE - AA- cARE - AA- 0.13
Asian Satellite Broadcast Pvt. Ltd. (Secured with shares of Zee entertainment enterprise Ltd.) BRIcKWORKS - A+(SO) BRIcKWORKS - A(SO) 0.12
NHPc Ltd. IcRA - AAA cRISIL - AAA 0.12
Volkswagen Finance Private Ltd. IND - AAA IND - AAA 0.11
Aavas Financiers Ltd. (Formerly known as Au Housing Finance Ltd.) IcRA - A+ cRISIL - A 0.09
Petronet LNG Ltd. cRISIL - AAA cRISIL - AA+ 0.06
Vijaya Bank cARE - AA- IND - AA- 0.06
Sprit Infrapower & Multiventures Pvt. Ltd. (Secured with shares of Zee entertainment enterprise Ltd. & Dish TV Ltd.) BRIcKWORKS - A(SO) BRIcKWORKS - A(SO) 0.05
Tata Sons Ltd. cRISIL - AAA cRISIL - AAA 0.05
Tube Investments of India Ltd. cRISIL - AA+ cRISIL - AA+ 0.02
Sub Total 93.77
TOTAL 94.09
MONEY MARKET INSTRUMENTS
CD/CP
Oriental Bank of commerce cRISIL - A1+ cARE - A+ 1.17
Axis Bank Ltd. cRISIL - A1+ cRISIL - AAA 0.62
Sub Total 1.79
cash, cash Equivalents and Net current Assets 4.12
Grand Total 100.00
• Top Ten Holdings, £ co-sponsor
^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
Face Value per Unit: ̀ 10 unless otherwise specified, + Industry classification as recommended by AMFI, cD - certificate of Deposit; cP - commercial Papers, Data is as of April 30, 2019 unless otherwise specified.
[An open ended debt scheme predominantly investing in AA and below rated corporate bonds (excluding AA+ rated corporate bonds)] .....Contd from previous pageHDFC Credit Risk Debt Fund
PORTFOLIO
April 2019 39
CATEgORY OF SCHEME: BANKING AND PSU FUND
KEY FACTSiNVESTMENT OBjECTiVETo generate income / capital appreciation through investments in debt and money market instruments consisting predominantly of securities issued by entities such as Scheduled commercial Banks (ScBs), Public Sector undertakings (PSUs), Public Financial Institutions (PFIs), Municipal corporations and such other bodies.
There is no assurance that the investment objective of the Scheme will be realized.
CATEgORY OF SCHEME: Banking and PSU Fund
FUND MANAgER ¥
Anil Bamboli (since March 26, 14)
Total Experience: Over 23 years
iNCEPTiON DATE (Date of Allotment)March 26, 2014
NAV (AS ON APRIL 30, 2019) NAV PER UNIT (`)Regular Plan - Growth Option 15.0372Regular Plan - Dividend Option 10.2310Direct Plan - Growth Option 15.2510Direct Plan - Dividend Option 10.2959
ASSETS UNDER MANAgEMENT (`) iN CROREAs on April 30, 2019 3,001.37Average for Month of April, 2019 3,002.05
qUANTiTATiVE DATAAverage Maturity * 2.59 yearsMacaulay Duration * 2.23 yearsModified Duration * 2.07 yearsYield to Maturity * 8.66%* computed on the invested amount.
TOTAL ExPENSE RATIO (As on April 30, 2019)Including Additional expenses and Goods and Service Tax on Management FeesRegular: 0.80% Direct: 0.35%
#BENCHMARK iNDEX: cRISIL Short Term Bond Fund Index
##ADDl. BENCHMARK iNDEX: cRISIL 1 year T-Bill Index
EXiT lOADNil
PLANS & OPTIONSRegular Plan, Direct Plan. Under each Plan: Growth & Dividend Option (Weekly frequency). The Dividend Option offers Dividend Payout and Reinvestment facility.
MiNiMUM APPliCATiON AMOUNTPurchase : ` 5,000 and any amount thereafter. Additional Purchase : ` 1,000 and any amount thereafter.
¥ Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years).
Face Value per Unit: ` 10 unless otherwise specified, Data is as of April 30, 2019 unless otherwise specified.
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.74 8.03 7.32 10,774 10,803 10,732Apr 29, 16 Last 3 Years 7.46 7.41 6.70 12,410 12,395 12,148Apr 30, 14 Last 5 Years 8.28 8.21 7.34 14,890 14,840 14,253Mar 26, 14 Since Inception 8.33 8.24 7.34 15,037 14,976 14,351
The above returns are for Regular Plan - Growth Option. Returns greater than 1 year period are compounded annualized (cAGR). Performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. For performance of other schemes managed by Anil Bamboli, please referpage 48. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 62.
This product is suitable for investors who are seeking ~
l income over short to medium term.l to generate income / capital appreciation through investments
in debt and money market instruments consisting predominantly of securities issued by entities such as Scheduled commercial Banks (ScBs), Public Sector undertakings (PSUs), Public Financial Institutions (PFIs), Municipal corporations and such other bodies
Riskometer
Investors understand that their principal will be at moderate risk
~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Issuer Rating % to NAV
DEBT & DEBT RElATED
CREDiT EXPOSURE
• National Highways Authority of India cRISIL - AAA 8.37
• Power Finance corporation Ltd. cARE - AAA / cRISIL - AAA / IcRA - AAA 7.99
• Power Grid corporation of India Ltd. cRISIL - AAA 6.89
• Food corporation of India (corporate guarantee from Govt of India) cRISIL - AAA(SO) 6.32
• Bank of Baroda cARE - AA / cARE - AAA 6.05
• Mahanagar Telephone Nigam Ltd. (corporate guarantee from Govt of India)
cARE - AAA(SO) / cRISIL - AAA / cRISIL - AAA(SO) 4.86
• Housing Development Finance corporation Ltd. £
cRISIL - AAA / IcRA - AAA 4.55
• Union Bank of India cARE - AA- / IND - AA 4.50
• Syndicate Bank cARE - A+ 4.42
Rural electrification corporation Ltd. cRISIL - AAA / IND - AAA 4.28
TATA International Ltd. cARE - A+ 4.15
LIc Housing Finance Ltd. cARE - AAA / cRISIL - AAA 3.19
National Bank for Agriculture and Rural Development cRISIL - AAA 2.99
export - Import Bank of India cRISIL - AAA 2.22
ONGc Petro additions Ltd. (OPAL) (Put on ONGc Ltd.) cRISIL - AAA(SO) 1.83
HDFc Bank Ltd. cARE - AA+ 1.81
Punjab National Bank cARE - A+ 1.74
Small Industries Development Bank cARE - AAA 1.69
NTPc Ltd. cRISIL - AAA 1.62
Andhra Bank cARE - A+ 1.49
Vijaya Bank cARE - AA- 1.35
Issuer Rating % to NAV
State Bank of India cRISIL - AA+/cRISIL - AAA 0.90
The Tata Power company Ltd. cRISIL - AA- 0.85
Indian Railways Finance corp. Ltd. cRISIL - AAA 0.81
Vedanta Ltd. cRISIL - AA 0.65
Aashman energy Private Ltd. (Greenko) cARE - AA-(SO) 0.39
Divyesh Power Private Ltd. (Greenko) cARE - AA-(SO) 0.39
elena Renewable energy Private Ltd.(Greenko) cARE - AA-(SO) 0.39
Pratyash Renewable Private Ltd. (Greenko) cARE - AA-(SO) 0.39
SeI Baskara Power Private Ltd. (Greenko) cARE - AA-(SO) 0.39
SeI enerstar Renewable energy Pvt Ltd. (Greenko) cARE - AA-(SO) 0.39
SeI Mihir energy Private Ltd. (Greenko) cARE - AA-(SO) 0.39
Shreyas Renewable energy Private Ltd. (Greenko) cARE - AA-(SO) 0.39
Zuvan energy Private Ltd. (Greenko) cARE - AA-(SO) 0.39
Hazaribagh Ranchi expressway Ltd. (NHAI Annuity) cARE - D 0.14
Sub Total 89.17
MONEY MARKET INSTRUMENTS
CD/CP
• IDFc First Bank Ltd. cRISIL - A1+ 4.83
Axis Bank Ltd. cRISIL - A1+ 2.40
Sub Total 7.23
cash, cash Equivalents and Net current Assets 3.60
Grand Total 100.00
• Top Ten Holdings, £ co-sponsor
^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
Portfolio Classification By Asset Class (%)
n cD 7.23
n credit Exposure 89.17
n cash, cash Equivalents and Net current Assets 3.60
Portfolio Classification By Rating Class (%)
n AAA/AAA(SO)/A1+/A1+(SO) & equivalent 66.35
n AA+ 1.86n AA/AA- 16.25n A+ & Below 11.94n cash, cash Equivalents and
Net current Assets 3.60
(An open ended debt scheme predominantly investing in debt instruments of banks, public sector undertakings, public financial institutions and municipal bonds)HDFC Banking and PSU Debt Fund
PORTFOLIO
40 April 2019
CATEgORY OF SCHEME: GILT FUND
KEY FACTSiNVESTMENT OBjECTiVE
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.
CATEgORY OF SCHEME: Gilt Fund
FUND MANAgER ¥
Anil Bamboli (since September 1, 07)
Total Experience: Over 23 years
iNCEPTiON DATE (Date of Allotment)
July 25, 2001
NAV (AS ON APRIL 30, 2019) NAV PER UNIT (`)
Regular Plan - Growth Option 37.2364Regular Plan - Dividend Option 11.1768Direct Plan - Growth Option 38.1725Direct Plan - Dividend Option 11.5327
ASSETS UNDER MANAgEMENT (`) iN CRORE
As on April 30, 2019 1,164.47Average for Month of April, 2019 1,157.67
qUANTiTATiVE DATA
Average Maturity * 4.46 yearsMacaulay Duration * 3.37 yearsModified Duration * 3.26 yearsYield to Maturity * 7.09%* computed on the invested amount.
TOTAL ExPENSE RATIO (As on April 30, 2019)Including Additional expenses and Goods and Service Tax on Management Fees
Regular: 0.90% Direct: 0.55%
#BENCHMARK iNDEX: cRISIL Dynamic Gilt Index
##ADDl. BENCHMARK iNDEX: cRISIL 10 year Gilt Index
EXiT lOAD
Nil
PLANS & OPTIONS
Regular Plan, Direct Plan. Under both the Plans: Growth & Dividend Option (Dividend Option offers Dividend Payout and Reinvestment facility.
MiNiMUM APPliCATiON AMOUNT
Purchase : ` 5,000 and any amount thereafter. Additional Purchase : ` 1,000 and any amount thereafter.
¥ Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years).
Face Value per Unit: ` 10 unless otherwise specified, Data is as of April 30, 2019 unless otherwise specified.
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.48 9.34 8.98 10,748 10,934 10,898Apr 29, 16 Last 3 Years 6.72 6.97 5.77 12,157 12,242 11,834Apr 30, 14 Last 5 Years 9.22 8.99 7.95 15,549 15,386 14,665Jul 25, 01 Since Inception 7.68 8.17 N.A. 37,236 40,359 N.A.
Returns greater than 1 year period are compounded annualized (cAGR). N.A. Not Available. Performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. For performance of other schemes managed by Anil Bamboli, please refer page 52. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 62.
This product is suitable for investors who are seeking ~
l credit risk free returns over medium to long term
l to generate credit risk-free returns through investments in sovereign securities issued by the central Government and / or State Government
Riskometer
Investors understand that their principal will be at moderate risk
~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them. ^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
Portfolio Classification By Asset Class (%)
n G-Sec, SDL, T-Bills 83.25
n cash, cash Equivalents and Net current Assets 16.75
Portfolio Classification By Rating Class (%)
n Sovereign 83.25n cash, cash Equivalents and
Net current Assets 16.75
(An open ended debt scheme investing in government securities across maturities)HDFC Gilt Fund
Issuer Rating % to NAV
DEBT & DEBT RElATED
gOVERNMENT SECURiTiES (CENTRAl/STATE)
• 7.17 GOI 2028 Sovereign 20.56
• 7.35 GOI 2024 Sovereign 8.57
• 7.26 GOI 2029 Sovereign 8.50
• 7.37 GOI 2023 Sovereign 5.40
• 8.60% Rajasthan SDL- Mat 061128 Sovereign 4.42
• 8.21% Rajasthan (UDAY) SDL - Mat 310322 Sovereign 4.34
• 8.61% Uttar Pradesh SDL (UDAY) - Mat 210322 Sovereign 3.36
• 8.2 GOI 2025 Sovereign 2.22
• 8.2 GOI 2022 Sovereign 2.21
8.39% Rajasthan SDL - Mat 150322 Sovereign 2.18
8.21% Haryana SDL - Mat 310322 Sovereign 2.17
7.86% Rajasthan SDL (UDAY Scheme- Strip II ) - ISD 230616 Mat 230619 Sovereign 2.15
Issuer Rating % to NAV
8.66% Maharashtra SDL - Mat 250122 Sovereign 1.32
8.15 GOI 2022 Sovereign 0.89
7.27 GOI 2026 Sovereign 0.85
7.32 GOI 2024 Sovereign 0.52
8.24 GOI 2033 Sovereign 0.38
7.73 GOI 2034 Sovereign 0.26
7.95 GOI 2032 Sovereign 0.10
8.97 GOI 2030 Sovereign 0.09
Sub Total 70.49
T-BillS
• 91 Days Tbill - Mat 270619 Sovereign 12.76
Sub Total 12.76
Total 83.25
cash, cash Equivalents and Net current Assets 16.75
Grand Total 100.00
• Top Ten Holdings
Outstanding exposure in derivative instruments Interest Rate Swap (` in crore) 35.00
PORTFOLIO
April 2019 41
CATEgORY OF SCHEME: DYNAMIc BOND FUND
KEY FACTSiNVESTMENT OBjECTiVE
To generate income / capital appreciation by investing in a range of debt and money market instruments.
There is no assurance that the investment objective of the Scheme will be realized.
CATEgORY OF SCHEME: Dynamic Bond Fund
FUND MANAgER ¥
Anil Bamboli (since February 16, 04)
Total Experience: Over 23 years
iNCEPTiON DATE (Date of Allotment)
April 28, 1997
NAV (AS ON APRIL 30, 2019) NAV PER UNIT (`)
Regular Plan - Growth Option 59.0579Regular Plan - quarterly Dividend Option 11.4592Regular Plan - Half-Yearly Dividend Option 10.9045Regular Plan - Yearly Dividend Option 12.2046Regular Plan - Normal Dividend Option 12.6519Direct Plan - Growth Option 61.8962Direct Plan - quarterly Dividend Option 12.0549Direct Plan - Half-Yearly Dividend Option 11.9563Direct Plan - Yearly Dividend Option 12.8625Direct Plan - Normal Dividend Option 13.0326
ASSETS UNDER MANAgEMENT (`) iN CRORE
As on April 30, 2019 701.19Average for Month of April, 2019 724.82
qUANTiTATiVE DATA
Average Maturity * 4.08 yearsMacaulay Duration * 3.06 yearsModified Duration * 2.88 yearsYield to Maturity * 8.11%* computed on the invested amount.
TOTAL ExPENSE RATIO (As on April 30, 2019)Including Additional expenses and Goods and Service Tax on Management Fees
Regular: 1.86% Direct: 1.35%
#BENCHMARK iNDEX: cRISIL composite Bond Fund Index
##ADDl. BENCHMARK iNDEX: cRISIL 10 year Gilt Index
EXiT lOAD
l In respect of each purchase / switch-in of Units, an exit Load of 0.50% is payable if Units are redeemed / switched-out within 6 months from the date of allotment.
l No exit Load is payable if Units are redeemed / switched-out after 6 months from the date of allotment.
For further details, please refer to para ‘Exit Load’ on Pg 52.
PLANS & OPTIONS
Regular Plan, Direct Plan. Under each Plan: Growth, Normal Dividend, Quarterly Dividend, Half Yearly Dividend, & Yearly Dividend. All Dividend Options offer Payout and Reinvestment facility.
MiNiMUM APPliCATiON AMOUNT
Purchase : ` 5,000 and any amount thereafter. Additional Purchase : ` 1,000 and any amount thereafter.
¥ Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years).
Face Value per Unit: ` 10 unless otherwise specified, Data is as of April 30, 2019 unless otherwise specified.
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 1.58 8.06 8.98 10,158 10,806 10,898Apr 29, 16 Last 3 Years 4.62 7.25 5.77 11,454 12,338 11,834Apr 30, 14 Last 5 Years 7.22 8.87 7.95 14,171 15,301 14,665Apr 28, 97 Since Inception 8.40 N.A. N.A. 59,058 N.A. N.A.
Returns greater than 1 year period are compounded annualized (cAGR). N.A. Not Available. Performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. For performance of other schemes managed by Anil Bamboli, please refer page 52. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 62.
This product is suitable for investors who are seeking ~
l income over medium to long term
l to generate income / capital appreciation by investing in a range of debt and money market instruments
Riskometer
Investors understand that their principal will be at moderate risk
~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
Portfolio Classification By Asset Class (%)
n G-Sec, SDL 24.89
n credit Exposure 71.43
n cash, cash Equivalents and Net current Assets 3.68
Portfolio Classification By Rating Class (%)
n Sovereign 24.89n AAA/AAA(SO)/A1+/A1+(SO)
& equivalent 44.48n AA/AA- 14.25n A+ & Below 12.70n cash, cash Equivalents and
Net current Assets 3.68
(An open ended dynamic debt scheme investing across duration)HDFC Dynamic Debt Fund
Issuer Rating % to NAV
DEBT & DEBT RElATED
gOVERNMENT SECURiTiES (CENTRAl/STATE)
• 7.17 GOI 2028 Sovereign 6.97
• 8.21% Rajasthan (UDAY) SDL - Mat 310322 Sovereign 6.39
• 8.39% Rajasthan SDL - Mat 150322 Sovereign 3.62
8.21% Haryana SDL - Mat 310322 Sovereign 3.61
7.42% Maharashtra SDL - Mat 110522 Sovereign 1.84
8.68% Gujarat SDL - Mat 060223. Sovereign 0.74
7.27 GOI 2026 Sovereign 0.71
7.32 GOI 2024 Sovereign 0.71
8.51% Punjab SDL - Mat 100423 Sovereign 0.11
GOI 2023 Sovereign 0.10
8.26% Maharashtra SDL - ISD 120815 Mat 120825 Sovereign 0.09
8.19% Rajasthan SDL (UDAY Scheme- Strip Ix ) - ISD 230616 Mat 230626 Sovereign @
Sub Total 24.89
CREDiT EXPOSURE
• Union Bank of India cARE - AA- 10.03
• Power Finance corporation Ltd. cARE - AAA 9.47
• State Bank of India cARE - AAA(SO) / cRISIL - AAA 7.24
• Reliance Industries Ltd. cRISIL - AAA 7.23
Issuer Rating % to NAV
• Hazaribagh Ranchi expressway Ltd. (NHAI Annuity) cARE - D 5.78
• Syndicate Bank cARE - A+ 4.89
• Mahanagar Telephone Nigam Ltd. (corporate guarantee from Govt of India) cARE - AAA(SO) 3.73
Rural electrification corporation Ltd. IND - AAA 3.50
Vedanta Ltd. cRISIL - AA 3.49
LIc Housing Finance Ltd. cRISIL - AAA 3.45
Reliance Jio Infocomm Ltd. cRISIL - AAA 3.44
Housing Development Finance corporation Ltd. £ IcRA - AAA 3.27
Punjab National Bank cARE - A+ 2.03
Jamnagar Utilities & Power Pvt. Ltd. (erstwhile Reliance Utilities & Power Pvt. Ltd.) cRISIL - AAA 2.02
Sikka Port and Terminal Ltd. (erstwhile Reliance Ports and Terminals Ltd.) cARE - AAA 0.73
The Tata Power company Ltd. cRISIL - AA- 0.73
Small Industries Development Bank cARE - AAA 0.31
NTPc Ltd. cRISIL - AAA 0.09
Sub Total 71.43
Total 96.32
cash, cash Equivalents and Net current Assets 3.68
Grand Total 100.00
• Top Ten Holdings, £ co-sponsor, @ less than 0.01%
Outstanding exposure in derivative instruments Interest Rate Swap (` in crore) 40.00
PORTFOLIO
42 April 2019
CATEgORY OF SCHEME: MEDIUM TO LONG DURATION FUND
KEY FACTS
iNVESTMENT OBjECTiVE
To generate income / capital appreciation through investments in debt and money market instruments.There is no assurance that the investment objective of the Scheme will be realized.
CATEgORY OF SCHEME: Medium to Long Duration Fund
FUND MANAgER ¥
Shobhit Mehrotra (since September 11, 07)
Total Experience: Over 25 years
iNCEPTiON DATE (Date of Allotment)
September 11, 2000
NAV (AS ON APRIL 30, 2019) NAV PER UNIT (`)
Regular Plan - Growth Option 40.1361Regular Plan - quarterly Dividend Option 10.8762Regular Plan - Normal Dividend Option 12.6561Direct Plan - Growth Option 42.1134Direct Plan - quarterly Dividend Option 11.4857Direct Plan - Normal Dividend Option 13.3178
ASSETS UNDER MANAgEMENT (`) iN CRORE
As on April 30, 2019 786.46Average for Month of April, 2019 790.57
qUANTiTATiVE DATA
Average Maturity * 4.75 yearsMacaulay Duration * 3.71 yearsModified Duration * 3.47 yearsYield to Maturity * 8.45%* computed on the invested amount for debt portfolio.
TOTAL ExPENSE RATIO (As on April 30, 2019)Including Additional expenses and Goods and Service Tax on Management Fees
Regular: 2.20% Direct: 1.74%
#BENCHMARK iNDEX: cRISIL composite Bond Fund Index
##ADDl. BENCHMARK iNDEX: cRISIL 10 year Gilt Index
EXiT lOAD
l In respect of each purchase / switch-in of Units, an exit Load of 0.25% is payable if Units are redeemed / switched-out within 1 month from the date of allotment.
l No exit Load is payable if Units are redeemed / switched-out after 1 month from the date of allotment.
For further details, please refer to para ‘Exit Load’ on Pg 52.
PLANS & OPTIONS
Regular Plan, Direct Plan. Under each Plan : Growth, Quarterly Dividend & Normal Dividend. Both Dividend Options offer Payout and Reinvestment facility.
MiNiMUM APPliCATiON AMOUNT
Purchase : ` 5,000 and any amount thereafter.Additional Purchase : ` 1,000 and any amount thereafter.
¥ Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years).
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 6.21 8.06 8.98 10,621 10,806 10,898Apr 29, 16 Last 3 Years 5.50 7.25 5.77 11,745 12,338 11,834Apr 30, 14 Last 5 Years 7.65 8.87 7.95 14,459 15,301 14,665Sep 11, 00 Since Inception 7.74 N.A. N.A. 40,136 N.A. N.A.
Returns greater than 1 year period are compounded annualized (cAGR). N.A. Not Available. Performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. For performance of other schemes managed by Shobhit Mehrotra, please refer page 52. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 59.
Face Value per Unit: ` 10 unless otherwise specified, Data is as of April 30, 2019 unless otherwise specified.
This product is suitable for investors who are seeking ~
l income over medium to long term
l to generate income / capital appreciation through investments in debt and money market instruments
Riskometer
Investors understand that their principal will be at moderate risk
~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
Portfolio Classification By Asset Class (%)
n G-Sec 18.95
n credit Exposure 71.98
n cash, cash Equivalents and Net current Assets 9.07
Portfolio Classification By Rating Class (%)
n Sovereign 18.95n AAA/AAA(SO)/A1+/A1+(SO)
& equivalent 44.51n AA+ 7.26n AA/AA- 11.06n A+ & Below 9.15n cash, cash Equivalents and
Net current Assets 9.07
[An open ended medium term debt scheme investing in instruments such that the Macaulay Duration of the Portfolio is between 4 years and 7 years (Refer page 2 for definition of Macaulay Duration)]HDFC Income Fund
Issuer Rating % to NAV
DEBT & DEBT RElATED
gOVERNMENT SECURiTiES (CENTRAl/STATE)
• 7.17 GOI 2028 Sovereign 14.29
7.37 GOI 2023 Sovereign 2.56
GOI 2023 Sovereign 0.74
7.27 GOI 2026 Sovereign 0.63
8.2 GOI 2025 Sovereign 0.42
7.95 GOI 2032 Sovereign 0.31
9.15 GOI 2024 Sovereign @
Sub Total 18.95
CREDiT EXPOSURE
• Punjab National Bank cARE - A+ 9.15
• LIc Housing Finance Ltd. cARE - AAA / cRISIL - AAA 9.02
• Power Finance corporation Ltd. cRISIL - AAA 8.33
• Indian Railways Finance corp. Ltd. cARE - AAA / cRISIL - AAA 8.09
Issuer Rating % to NAV
• The Tata Power company Ltd. cRISIL - AA- 7.16
• NTPc Ltd. cRISIL - AAA 6.48
• National Bank for Agriculture and Rural Development cRISIL - AAA 6.28
• State Bank of India cRISIL - AA+ 4.15
• Tata Steel Ltd. cARE - AA- 3.28
Rural Electrification corporation Ltd. cRISIL - AAA 3.18
National Highways Authority of India cRISIL - AAA 3.13
export - Import Bank of India cRISIL - AA+ 3.11
Union Bank of India cARE - AA- 0.62
Sub Total 71.98
Total 90.93
cash, cash Equivalents and Net current Assets 9.07
Grand Total 100.00
• Top Ten Holdings, @ less than 0.01%
PORTFOLIO
April 2019 43
CATEgORY OF SCHEME: MEDIUM DURATION FUND
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 6.91 8.03 7.32 10,691 10,803 10,732Apr 29, 16 Last 3 Years 7.24 7.41 6.70 12,335 12,395 12,148Apr 30, 14 Last 5 Years 8.04 8.21 7.34 14,724 14,840 14,253Feb 06, 02 Since Inception 7.87 N.A. 6.06 36,896 N.A. 27,569
Returns greater than 1 year period are compounded annualized (cAGR). N.A. Not Available. Performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. For performance of other schemes managed by Shobhit Mehrotra, please refer page 52. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 59.
KEY FACTS
iNVESTMENT OBjECTiVE
To generate income / capital appreciation through investments in Debt and Money Market Instruments.
There is no assurance that the investment objective of the Scheme will be realized.
CATEgORY OF SCHEME: Medium Duration Fund
FUND MANAgER ¥
Shobhit Mehrotra (since September 1, 07)
Total Experience: Over 25 years
iNCEPTiON DATE (Date of Allotment)
February 6, 2002
NAV (AS ON APRIL 30, 2019) NAV PER UNIT (`)
Regular Plan - Growth Option 36.8958Regular Plan - Dividend Option 13.9991Regular Plan - Fortnightly Dividend Option 10.5780Direct Plan - Growth Option 38.2679Direct Plan - Dividend Option 14.3268Direct Plan - Fortnightly Dividend Option 10.6148
ASSETS UNDER MANAgEMENT (`) iN CRORE
As on April 30, 2019 1,054.83Average for Month of April, 2019 1,055.58
qUANTiTATiVE DATA
Average Maturity * 3.02 yearsMacaulay Duration * 2.47 yearsModified Duration * 2.28 yearsYield to Maturity * 8.87%* computed on the invested amount.
TOTAL ExPENSE RATIO (As on April 30, 2019)Including Additional expenses and Goods and Service Tax on Management Fees
Regular: 1.29% Direct: 0.49%
#BENCHMARK iNDEX: cRISIL Short Term Bond Fund Index
##ADDl. BENCHMARK iNDEX: cRISIL 1 year T-Bill Index
EXiT lOAD
Nil
PLANS & OPTIONS
Regular Plan, Direct Plan. Under both the Plans : Growth, Normal Dividend & Fortnightly Dividend. Both Dividend Options offer Payout and Reinvestment facility.
MiNiMUM APPliCATiON AMOUNT
Purchase : ` 5,000 and any amount thereafter. Additional Purchase : ` 1,000 and any amount thereafter.
¥ Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years).
Face Value per Unit: ` 10 unless otherwise specified, Data is as of April 30, 2019 unless otherwise specified.
This product is suitable for investors who are seeking ~
l income over medium terml to generate income / capital appreciation through
investments in Debt and Money Market Instruments
Riskometer
Investors understand that their principal will be at moderate risk
~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
[An open ended medium term debt scheme investing in instruments such that the Macaulay Duration of the portfolio is between 3 years and 4 years (Refer page 2 for definition of Macaulay Duration)]HDFC Medium Term Debt Fund
Issuer Rating % to NAV
DEBT & DEBT RElATED
gOVERNMENT SECURiTiES (CENTRAl/STATE)
7.17 GOI 2028 Sovereign 1.39
7.35 GOI 2024 Sovereign 0.95
Sub Total 2.34
CREDiT EXPOSURE
• LIc Housing Finance Ltd. cARE - AAA / cRISIL - AAA 9.32
• Rural Electrification corporation Ltd. cRISIL - AAA 7.03
• Jamnagar Utilities & Power Pvt. Ltd. (erstwhile Reliance Utilities & Power Pvt. Ltd.) cARE - AAA 5.86
• Housing Development Finance corporation Ltd. £ cRISIL - AAA 4.75
• Housing and Urban Development corporation Ltd. IcRA - AAA 4.73
• NHPc Ltd. cARE - AAA 4.72
• Reliance Jio Infocomm Ltd. cRISIL - AAA 4.72
• HDFc Bank Ltd. cARE - AA+ 4.69
• HPcL-Mittal Energy Ltd. IcRA - AA+ 4.18
• Syndicate Bank cARE - A+ 4.18
Muthoot Finance Ltd. IcRA - AA 3.69
Reliable Devices Trust (PTc banked by receivables from Reliance Retail Ltd.) IcRA - AAA(SO) 2.50
Indiabulls Housing Finance Ltd. cRISIL - AAA 2.39
National Bank for Agriculture and Rural Development cRISIL - AAA 2.38
coastal Gujarat Power Ltd. (corporate Guarantee of Tata Power) cARE - AA(SO) 2.34
Union Bank of India cARE - AA- 2.30
Punjab National Bank cARE - A+ 2.25
JM Financial Asset Reconstruction company Ltd. IcRA - AA- 1.97
Talwandi Sabo Power Ltd. (corporate Guarantee of Vedanta Ltd.) cRISIL - AA(SO) 1.85
Issuer Rating % to NAV
Sikka Port and Terminal Ltd. (erstwhile Reliance Ports and Terminals Ltd.) cARE - AAA 1.75
M a h a n a g a r Te l e p h o n e Nigam Ltd. (corporate guarantee from Govt of India) cRISIL - AAA(SO) 0.96
Power Finance corporation Ltd. cRISIL - AAA 0.96
Andhra Bank cARE - A+ 0.94
Vedanta Ltd. cRISIL - AA 0.93
Tata Motors Ltd. cARE - AA 0.67
Aarish Solar Power Private Ltd. (Greenko) cARE - AA-(SO) 0.44
Aashman energy Private Ltd. (Greenko) cARE - AA-(SO) 0.44
Divyesh Power Private Ltd. (Greenko) cARE - AA-(SO) 0.44
elena Renewable energy Private Ltd.(Greenko) cARE - AA-(SO) 0.44
Pratyash Renewable Private Ltd. (Greenko) cARE - AA-(SO) 0.44
SeI Baskara Power Private Ltd. (Greenko) cARE - AA-(SO) 0.44
SeI enerstar Renewable energy Pvt Ltd. (Greenko) cARE - AA-(SO) 0.44
SeI Mihir energy Private Ltd. (Greenko) cARE - AA-(SO) 0.44
Shreyas Renewable energy Private Ltd. (Greenko) cARE - AA-(SO) 0.44
Zuvan energy Private Ltd. (Greenko) cARE - AA-(SO) 0.44
Sub Total 86.46
Total 88.80
MONEY MARKET INSTRUMENTS
CD/CP
Axis Bank Ltd. cRISIL - A1+ 2.35
Sub Total 2.35
cash, cash Equivalents and Net current Assets 8.85
Grand Total 100.00
• Top Ten Holdings
PORTFOLIO
Portfolio Classification By Asset Class (%)
n G-Sec 2.34
n cD 2.35
n credit Exposure 86.46
n cash, cash Equivalents and Net current Assets 8.85
Portfolio Classification By Rating Class (%)
n Sovereign 2.34n AAA/AAA(SO)/A1+/A1+(SO) &
equivalent 54.42n AA+ 8.87n AA/AA- 18.15n A+ & Below 7.37n cash, cash Equivalents and Net
current Assets 8.85
44 April 2019
CATEgORY OF SCHEME: SHORT DURATION FUND
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.74 8.03 7.32 10,774 10,803 10,732Apr 29, 16 Last 3 Years 7.48 7.41 6.70 12,418 12,395 12,148Apr 30, 14 Last 5 Years 8.23 8.21 7.34 14,855 14,840 14,253Jun 25, 10 Since Inception 8.55 8.11 6.92 20,677 19,943 18,076
Returns greater than 1 year period are compounded annualized (cAGR). Performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. For performance of other schemes managed by Anil Bamboli, please refer page 52. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 62.
Face Value per Unit: ` 10 unless otherwise specified, cD - certificate of Deposit; cP - commercial Papers. Data is as of April 30, 2019 unless otherwise specified.
KEY FACTS
iNVESTMENT OBjECTiVE
To generate income / capital appreciation through investments in Debt and Money Market Instruments.
There is no assurance that the investment objective of the Scheme will be realized.
CATEgORY OF SCHEME: Short Duration Fund
FUND MANAgER ¥
Anil Bamboli (since June 25, 10)
Total Experience: Over 23 years
iNCEPTiON DATE (Date of Allotment)
June 25, 2010
NAV (AS ON APRIL 30, 2019) NAV PER UNIT (`)
Regular Plan - Growth Option 20.6773Regular Plan - Fortnightly Dividend Option 10.2159Regular Plan - Normal Dividend Option 13.9028Direct Plan - Growth Option 20.8718Direct Plan - Fortnightly Dividend Option 10.2769Direct Plan - Normal Dividend Option 13.9531
ASSETS UNDER MANAgEMENT (`) iN CRORE
As on April 30, 2019 7,680.53Average for Month of April, 2019 7,683.69
qUANTiTATiVE DATA
Average Maturity * 1.58 yearsMacaulay Duration * 1.37 yearsModified Duration * 1.26 yearsYield to Maturity * 8.20%* computed on the invested amount.
TOTAL ExPENSE RATIO (As on April 30, 2019)Including Additional expenses and Goods and Service Tax on Management Fees
Regular: 0.40% Direct: 0.25%
#BENCHMARK iNDEX: cRISIL Short Term Bond Fund Index
##ADDl. BENCHMARK iNDEX: cRISIL 1 year T-Bill Index
EXiT lOAD
Nil
PLANS & OPTIONS
Regular Plan, Direct Plan. Under each Plan: Growth, Fortnightly Dividend & Normal Dividend. Both Dividend options offer Payout and Reinvestment facilities.
MiNiMUM APPliCATiON AMOUNT
Purchase : ` 5,000 and any amount thereafter. Additional Purchase : ` 1,000 and any amount thereafter.
¥ Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years).
This product is suitable for investors who are seeking ~
l income over short term.
l to generate income / capital appreciation through investments in Debt and Money Market Instruments
Riskometer
Investors understand that their principal will be at moderately low risk
~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
[An open ended short term debt scheme investing in instruments such that the Macaulay Duration of the portfolio is between 1 year and 3 years (Refer page 2 for definition of Macaulay Duration)]HDFC Short Term Debt Fund
Issuer Rating % to NAV
DEBT & DEBT RElATED
gOVERNMENT SECURiTiES (CENTRAl/STATE)
8.38% Gujarat SDL - Mat 270229 Sovereign 0.13
8.39% Rajasthan SDL - Mat 150320 Sovereign 0.05
Sub Total 0.18
CREDiT EXPOSURE
• Power Finance corporation Ltd. cARE - AAA / cRISIL - AAA 10.60
• Housing Development Finance corporation Ltd. £
cRISIL - AAA / IcRA - AAA 8.54
• Rural Electrification corporation Ltd. cRISIL - AAA / IND - AAA 8.53
• LIc Housing Finance Ltd. cARE - AAA / cRISIL - AAA 8.10
• ONGc Petro additions Ltd. (OPAL) (Put on ONGc Ltd.) cRISIL - AAA(SO) 7.23
• Reliance Jio Infocomm Ltd. cRISIL - AAA / cRISIL - AAA(SO) / IcRA - AAA 5.40
• National Bank for Agriculture and Rural Development cRISIL - AAA / IND - AAA 5.33
• Housing and Urban Development corporation Ltd.
cARE - AAA / IcRA - AAA / IND - AAA 3.94
• Tata capital Financial Services Ltd. IcRA - AAA 3.56
• Reliance Industries Ltd. cRISIL - AAA / IcRA - AAA 3.54
Tata Sons Ltd. cRISIL - AAA 3.39
Mahindra & Mahindra Financial Services Ltd. cARE - AAA / IND - AAA 3.38
Reliable Devices Trust (PTc banked by receivables from Reliance Retail Ltd.) IcRA - AAA(SO) 2.38
National Highways Authority of India cARE - AAA / cRISIL - AAA 1.94
SANSAR TRUST NOV 2018 (PTc of pools from Shriram Transport Finance co. Ltd.) IcRA - AAA(SO) 1.48
Vedanta Ltd. cRISIL - AA 1.48
Bajaj Finance Ltd. cRISIL - AAA / IND - AAA 1.30
cholamandalam Investment & Finance IcRA - AA+ 1.30
Issuer Rating % to NAV
John Deere Financial India Private Ltd. cRISIL - AAA 1.30
Tata Motors Ltd. cARE - AA 1.16
Small Industries Development Bank cARE - AAA 0.99
Fullerton India Home Finance company Ltd. cARE - AA+ 0.65
Indian Railways Finance corp. Ltd.
cRISIL - AAA / IcRA - AAA 0.64
Talwandi Sabo Power Ltd. (corporate Guarantee of Vedanta Ltd.) cRISIL - AA(SO) 0.64
Hindalco Industries Ltd. cRISIL - AA 0.60
L&T Finance Ltd. cARE - AAA 0.52
canFin Homes Ltd. cARE - AAA 0.45
Aditya Birla Finance Ltd. IcRA - AAA / IND - AAA 0.40
Power Grid corporation of India Ltd. cRISIL - AAA 0.38
Toyota Financial Services India Ltd. cRISIL - AAA 0.32
NHPc Ltd. IcRA - AAA 0.26
Hazaribagh Ranchi expressway Ltd. (NHAI Annuity) cARE - D 0.24
Sub Total 89.97
Total 90.15
MONEY MARKET INSTRUMENTS
CD/CP
Axis Bank Ltd. cRISIL - A1+ 1.61
Indusind Bank Ltd. cRISIL - A1+ 1.22
IDFc First Bank Ltd. cRISIL - A1+ 1.16
Andhra Bank cARE - A1+ 0.61
Sub Total 4.60
cash, cash Equivalents and Net current Assets 5.25
Grand Total 100.00
• Top Ten Holdings, £ co-sponsor
PORTFOLIO
Portfolio Classification By Asset Class (%)
n G-Sec, SDL 0.18
n cD 4.60
n credit Exposure 89.97
n cash, cash Equivalents and Net current Assets 5.25
Portfolio Classification By Rating Class (%)
n Sovereign 0.18n AAA/AAA(SO)/A1+/A1+(SO)
& equivalent 88.50n AA+ 1.95n AA/AA- 3.88n A+ & Below 0.24n cash, cash Equivalents and
Net current Assets 5.25
April 2019 45
CATEgORY OF SCHEME: LOW DURATION FUND
KEY FACTSiNVESTMENT OBjECTiVETo 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.
CATEgORY OF SCHEME: Low Duration Fund
FUND MANAgER ¥
Anupam Joshi (since October 27, 15)
Total Experience: Over 12 years
iNCEPTiON DATE (Date of Allotment)November 18, 1999
NAV (AS ON APRil 30, 2019)^^ NAV PER UNiT (`)Retail OptionRegular Plan - Growth Option 39.2774Regular Plan - Daily Dividend Reinvestment Option 10.1428Regular Plan - Weekly Dividend Option 10.1608Regular Plan - Monthly Dividend Option 10.2063Direct Plan - Growth Option 41.0407Direct Plan - Daily Dividend Reinvestment Option 10.0655Direct Plan - Weekly Dividend Option 10.1916Direct Plan - Monthly Dividend Option 10.2149Wholesale OptionRegular Plan - Growth Option 41.7322Regular Plan - Daily Dividend Reinvestment Option 10.1574Regular Plan - Weekly Dividend Option 10.1635Regular Plan - Monthly Dividend Option 10.2320
ASSETS UNDER MANAgEMENT (`) iN CROREAs on April 30, 2019 14,643.20Average for Month of April, 2019 14,289.25
qUANTiTATiVE DATAAverage Maturity * 319 daysMacaulay Duration * 303 daysModified Duration * 274 daysYield to Maturity * 8.02%* computed on the invested amount.
TOTAL ExPENSE RATIO (As on April 30, 2019)Including Additional expenses and Goods and Service Tax on Management FeesRegular: 1.01% Direct: 0.41%
#BENCHMARK iNDEX: cRISIL Liquid Fund Index##ADDl. BENCHMARK iNDEX: cRISIL 1 year T-Bill Index
EXiT lOADNil
PLANS & OPTIONSRegular Plan, Direct Plan. Retail Option: Each Plan offers Growth and Dividend Option. Dividend Option offers Daily Dividend Option with Reinvestment facility only and Weekly and Monthly Dividend Option with Payout and Reinvestment facility.
MiNiMUM APPliCATiON AMOUNTRetail Option : Growth, Weekly and Monthly Dividend Option: Purchase : ` 5,000 and any amount thereafter. Additional Purchase : ̀ 1,000 and any amount thereafter. Daily Dividend Option : Purchase : ` 10,000 and any amount thereafter. Additional Purchase : ` 5,000 and any amount thereafter.
¥ Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years).^^ calculated on all calendar days.
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.27 7.62 7.32 10,727 10,762 10,732Apr 29, 16 Last 3 Years 7.10 7.18 6.70 12,287 12,315 12,148Apr 30, 14 Last 5 Years 7.46 7.68 7.34 14,331 14,483 14,253Nov 18, 99 Since Inception 7.28 N.A. 6.50 39,277 N.A. 34,036
Returns greater than 1 year period are compounded annualized (cAGR). N.A. Not Available. Performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. For performance of other schemes managed by Anupam Joshi, please refer page 52. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 61.
Face Value per Unit: ` 10 unless otherwise specified, cD - certificate of Deposit; cP - commercial Papers. Data is as of April 30, 2019 unless otherwise specified.
This product is suitable for investors who are seeking ~
l income over short term.
l to generate income / capital appreciation through investmentin debt securities and money market instruments
Riskometer
Investors understand that their principal will be at moderately low risk
~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them. ^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
Portfolio Classification by Asset Class (%)
n G-Sec, SDL 0.75
n cP 8.03
n cD 33.58
n credit Exposure 53.55
n cash, cash Equivalents and Net current Assets 4.09
Portfolio Classification by Rating Class (%)
n Sovereign 0.75n AAA/AAA(SO)/A1+/A1+(SO) &
equivalent 82.14n AA+ 3.28n AA/AA- 7.60n A+ & Below 2.14n cash, cash Equivalents and Net
current Assets 4.09
[An open ended low duration debt scheme investing in instruments such that the Macaulay Duration of the portfolio is between 6 months and 12 months (Refer page 2 for definition of Macaulay Duration)]HDFC Low Duration Fund
Issuer Rating % to NAVDEBT & DEBT RElATEDgOVERNMENT SECURiTiES (CENTRAl/STATE)7.27 GOI 2026 Sovereign 0.517.32 GOI 2024 Sovereign 0.177.65% Karnataka SDL - Mat 061227 Sovereign 0.076.84 GOI 2022 Sovereign @Sub Total 0.75CREDiT EXPOSURE • Housing Development
Finance corporation Ltd. £ cRISIL - AAA 6.17• LIc Housing Finance Ltd. cARE - AAA / cRISIL - AAA 4.71• Power Finance corporation Ltd. cRISIL - AAA 4.27• ONGc Petro additions Ltd.
(OPAL) (Put on ONGc Ltd.) cRISIL - AAA(SO) 3.93• National Bank for Agriculture
and Rural Development cRISIL - AAA / IND - AAA 3.47• National Housing Bank cARE - AAA 3.42Rural electrification corporation Ltd. cRISIL - AAA 2.90Power Grid corporation of India Ltd. cARE - AAA / cRISIL - AAA 2.43Bajaj Finance Ltd. IND - AAA 2.17Nuvoco Vistas corporation Ltd. (100% subsidiary of Nirma Ltd. & erstwhile Lafarge India Ltd.) cRISIL - AA 1.98Union Bank of India cARE - AA- 1.42Reliable Devices Trust (PTc banked by receivables from Reliance Retail Ltd.) IcRA - AAA(SO) 1.31Petronet LNG Ltd. cRISIL - AAA 1.20Syndicate Bank cARE - A+ 1.17canara Bank cRISIL - AA 1.15L&T Finance Ltd. cARE - AAA 1.02State Bank of India cRISIL - AA+ 1.02Punjab National Bank cARE - A+ 0.97Shriram Transport Finance co. Ltd. cRISIL - AA+ / IND - AA+ 0.97Tata capital Financial Services Ltd. IcRA - AAA 0.85Tata Motors Ltd. cARE - AA 0.85Housing and Urban Development corporation Ltd. IcRA - AAA 0.72TATA capital Housing Finance Ltd. cRISIL - AAA 0.68Axis Bank Ltd. cRISIL - AA+ 0.66Vedanta Ltd. cRISIL - AA 0.53TMF Holdings Ltd. (Subsidiary of Tata Motors Ltd.) cRISIL - AA 0.41Adani Transmission Ltd. IND - AA+ 0.34export - Import Bank of India cRISIL - AAA 0.34NRSS xxIx Transmission Ltd. cRISIL - AAA 0.34The Tata Power company Ltd. IcRA - AA- 0.34Volkswagen Finance Private Ltd. IND - AAA 0.34KKR India Financial Services Pvt Ltd. cRISIL - AA+ 0.29Vijaya Bank cARE - AA- 0.28Hinduja Leyland Finance Ltd. cARE - AA- 0.24Indian Railways Finance corp. Ltd. cRISIL - AAA 0.14Bank of Baroda cARE - AA 0.10NTPc Ltd. cRISIL - AAA 0.06
Issuer Rating % to NAVAarish Solar Power Private Ltd. (Greenko) cARE - AA-(SO) 0.03Aashman energy Private Ltd. (Greenko) cARE - AA-(SO) 0.03Divyesh Power Private Ltd. (Greenko) cARE - AA-(SO) 0.03elena Renewable energy Private Ltd.(Greenko) cARE - AA-(SO) 0.03Mahindra & Mahindra Financial Services Ltd. IND - AAA 0.03Pratyash Renewable Private Ltd. (Greenko) cARE - AA-(SO) 0.03Reliance Jio Infocomm Ltd. cRISIL - AAA 0.03SeI Baskara Power Private Ltd. (Greenko) cARE - AA-(SO) 0.03SeI enerstar Renewable energy Pvt Ltd. (Greenko) cARE - AA-(SO) 0.03SeI Mihir energy Private Ltd. (Greenko) cARE - AA-(SO) 0.03Shreyas Renewable energy Private Ltd. (Greenko) cARE - AA-(SO) 0.03Zuvan energy Private Ltd. (Greenko) cARE - AA-(SO) 0.03Sub Total 53.55Total 54.30MONEY MARKET INSTRUMENTSCD/CP • Small Industries
Development BankcARE - A1+ / cRISIL - A1+ / IcRA - A1+ 6.13
• Axis Bank Ltd. cRISIL - A1+ 5.48• National Bank for Agriculture
and Rural Development cRISIL - A1+ 5.24• Indusind Bank Ltd. cRISIL - A1+ 3.24export - Import Bank of India cRISIL - A1+ 3.20The Federal Bank Ltd. cARE - A1+ 2.09IcIcI Bank Ltd. IcRA - A1+ 2.08Punjab National Bank cARE - A1+ 1.98Bank of Baroda cRISIL - A1+ 1.60Tata Motors Ltd. cRISIL - A1+ 1.32Kotak Mahindra Bank Ltd. cRISIL - A1+ 1.29IDFc First Bank Ltd. cRISIL - A1+ 1.28Tata Sons Ltd. cRISIL - A1+ 1.12National Housing Bank cRISIL - A1+ 1.01LIc Housing Finance Ltd. cRISIL - A1+ 0.97cooperatieve Rabobank U.A cRISIL - A1+ 0.96Indiabulls Housing Finance Ltd. cRISIL - A1+ 0.67Hero Fincorp Ltd. cRISIL - A1+ 0.65India Infoline Finance Ltd. cRISIL - A1+ 0.34canFin Homes Ltd. IcRA - A1+ 0.32Deutsche Investments India Pvt Ltd. cRISIL - A1+ 0.32Kotak Mahindra Investments Ltd. cRISIL - A1+ 0.32Sub Total 41.61cash, cash Equivalents and Net current Assets 4.09Grand Total 100.00• Top Ten Holdings, £ co-sponsor, @ less than 0.01%
Outstanding exposure in derivative instruments Interest Rate Swap (` in crore) 100.00
PORTFOLIO
46 April 2019
CATEgORY OF SCHEME: MONEY MARKET FUND
KEY FACTS
iNVESTMENT OBjECTiVE
To generate income / capital appreciation by investing in money market instruments.
There is no assurance that the investment objective of the Scheme will be realized.
CATEgORY OF SCHEME: Money Market Fund
FUND MANAgER ¥
Anil Bamboli (since July 25, 12)
Total Experience: Over 23 years
iNCEPTiON DATE (Date of Allotment)
November 18, 1999
NAV (AS ON APRIL 30, 2019) NAV PER UNIT (`)
Regular Plan - Growth Option 3,899.4860Regular Plan - Daily Dividend Reinvestment Option 1,063.6400Regular Plan - Weekly Dividend Option 1,062.5281Direct Plan - Growth Option 3,935.0437Direct Plan - Daily Dividend Reinvestment Option 1,063.6400Direct Plan - Weekly Dividend Option 1,062.5743
ASSETS UNDER MANAgEMENT (`) iN CRORE
As on April 30, 2019 5,495.93Average for Month of April, 2019 5,669.57
qUANTiTATiVE DATA
Average Maturity * 295 daysMacaulay Duration * 292 daysModified Duration * 266 daysYield to Maturity * 7.79%* computed on the invested amount.
TOTAL ExPENSE RATIO (As on April 30, 2019)Including Additional expenses and Goods and Service Tax on Management Fees
Regular: 0.35% Direct: 0.15%
#BENCHMARK iNDEX: cRISIL Liquid Fund Index
##ADDl. BENCHMARK iNDEX: cRISIL 1 year T-Bill Index
EXiT lOAD
Nil
PLANS & OPTIONS
Regular Plan, Direct Plan. Each Plan offers Growth and Daily Dividend Option (with Reinvestment facility only). Weekly Dividend Option (with Payout and Reinvestment facility).
MiNiMUM APPliCATiON AMOUNT
Purchase : Under Growth Option and Weekly Dividend Option : ` 5,000 and any amount thereafter. Under Daily Dividend Option : ` 10,000 and any amount thereafter
Additional Purchase : Under Growth Option and Weekly Dividend Option : ̀ 1,000 and any amount thereafter. Under Daily Dividend Option : ` 5,000 and any amount thereafter
¥ Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years).
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%) $$
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.74 7.62 7.32 10,774 10,762 10,732Apr 29, 16 Last 3 Years 7.08 7.18 6.70 12,280 12,315 12,148Apr 30, 14 Last 5 Years 7.63 7.68 7.34 14,448 14,483 14,253Nov 18, 99 Since Inception 7.26 N.A. 6.50 39,129 N.A. 34,036
Returns greater than 1 year period are compounded annualized (cAGR). N.A. Not Available. $$ All dividends declared prior to the splitting of the Scheme into Dividend & Growth Options are assumed to be reinvested in the units of the Scheme at the then prevailing NAV (ex-dividend NAV). Performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. For performance of other schemes managed by Anil Bamboli, please refer page 52. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 62.
Face Value per Unit: ` 1,000, cD - certificate of Deposit; cP - commercial Papers. Data is as of April 30, 2019 unless otherwise specified.
n cP 34.66
n cD 65.47
n cash, cash Equivalents and Net current Assets -0.13
Portfolio Classification by Asset Class (%)
n AAA/AAA(SO)/A1+/A1+(SO) & equivalent 100.13
n cash, cash Equivalents and Net current Assets -0.13
Portfolio Classification by Rating Class (%)
This product is suitable for investors who are seeking ~
l income over short term
l to generate income / capital appreciation by investing in money market instruments
Riskometer
Investors understand that their principal will be at moderately low risk
~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them. ^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
(An open ended debt scheme investing in money market instruments)HDFC Money Market Fund
Issuer Rating % to NAV
DEBT & DEBT RElATED
MONEY MARKET INSTRUMENTS
CD/CP
• Small Industries Development Bank
cARE - A1+ / cRISIL - A1+ / IcRA - A1+ 8.96
• National Bank for Agriculture and Rural Development
cRISIL - A1+ / IND - A1+ 8.40
• Tata Sons Ltd. cRISIL - A1+ 8.11
• Rural Electrification corporation Ltd. cARE - A1+ 7.71
• Axis Bank Ltd. cRISIL - A1+ 6.86
• LIc Housing Finance Ltd. cRISIL - A1+ / IcRA - A1+ 6.48
• IcIcI Bank Ltd. IcRA - A1+ 6.44
• Indian Bank cRISIL - A1+ 6.41
• Andhra Bank cARE - A1+ 4.87
• IDFc First Bank Ltd. cRISIL - A1+ 4.73
Punjab National Bank cARE - A1+ 4.69
Indusind Bank Ltd. cRISIL - A1+ 4.60
Issuer Rating % to NAV
Power Finance corporation Ltd. cRISIL - A1+ 4.27
canFin Homes Ltd. IcRA - A1+ 4.26
Au Small Finance Bank Ltd. cRISIL - A1+ 2.67
The Federal Bank Ltd. cARE - A1+ 2.57
Kotak Mahindra Investments Ltd. cRISIL - A1+ 2.56
cooperatieve Rabobank U.A cRISIL - A1+ 2.55
Kotak Mahindra Bank Ltd. cRISIL - A1+ 1.72
L&T Finance Ltd. cARE - A1+ 0.43
Deutsche Investments India Pvt Ltd. cRISIL - A1+ 0.42
Sundaram BNP Paribas Home Finance Ltd. cRISIL - A1+ 0.42
Sub Total 100.13
cash, cash Equivalents and Net current Assets -0.13
Grand Total 100.00
• Top Ten Holdings
PORTFOLIO
April 2019 47
CATEgORY OF SCHEME: FLOATER FUND
KEY FACTS
iNVESTMENT OBjECTiVETo generate income/capital appreciation through investment in a portfolio comprising substantially of floating rate debt, fixed rate debt instruments swapped for floating rate returns and money market instruments. There is no assurance that the investment objective of the Scheme will be realized.
CATEgORY OF SCHEME: Floater Fund
FUND MANAgER ¥
Shobhit Mehrotra (since October 23, 2007)
Total Experience: Over 25 years
iNCEPTiON DATE (Date of Allotment)October 23, 2007
NAV (AS ON APRIL 30, 2019) NAV PER UNIT (`)Retail OptionRegular Plan - Growth Option 31.5906Regular Plan - Daily Dividend Reinvestment Option 10.0809Regular Plan - Weekly Dividend Option 10.1400Regular Plan - Monthly Dividend Option 10.2157Wholesale OptionRegular Plan - Growth Option 32.6539Regular Plan - Daily Dividend Reinvestment Option 10.0809Regular Plan - Weekly Dividend Option 10.1404Regular Plan - Monthly Dividend Option 10.2178Direct Plan - Growth Option 32.8596Direct Plan - Daily Dividend Reinvestment Option 10.0809Direct Plan - Weekly Dividend Option 10.1408Direct Plan - Monthly Dividend Option 10.2194
ASSETS UNDER MANAgEMENT (`) iN CROREAs on April 30, 2019 11,172.82Average for Month of April, 2019 11,127.33
qUANTITATiVE DATAAverage Maturity * 277 daysMacaulay Duration * 256 daysModified Duration * 226 daysYield to Maturity * 8.09%* computed on the invested amount.
TOTAL ExPENSE RATIO (As on April 30, 2019)Including Additional expenses and Goods and Service Tax on Management FeesRegular: 0.38% Direct: 0.23%
#BENCHMARK iNDEX: cRISIL Liquid Fund Index
##ADDl. BENCHMARK iNDEX: cRISIL 1 year T-Bill Index
EXiT lOADNil
PLANS & OPTIONSRegular Plan, Direct Plan. Under both the Plans: Growth & Dividend Option. The Dividend Option offers Daily Dividend Option (with Reinvestment facility only) and Weekly and Monthly Dividend Option (with Payout and Reinvestment facility).
MiNiMUM APPliCATiON AMOUNTPurchase : ` 5,000 and any amount thereafter. Additional Purchase : ` 1 and any amount thereafter.
¥ Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years).
Face Value per Unit: ` 10 unless otherwise specified, cD - certificate of Deposit; cP - commercial Papers. Data is as of April 30, 2019 unless otherwise specified.
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.80 7.62 7.32 10,780 10,762 10,732Apr 29, 16 Last 3 Years 7.57 7.18 6.70 12,451 12,315 12,148Apr 30, 14 Last 5 Years 8.16 7.68 7.34 14,803 14,483 14,253Oct 23, 07 Since Inception 8.19 7.54 6.49 24,771 23,106 20,637
Returns greater than 1 year period are compounded annualized (cAGR). Since Inception returns are calculated on ` 13.1821 (allotment price). Performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. For performance of other schemes managed by Shobhit Mehrotra, please refer page 52. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 59.
This product is suitable for investors who are seeking ~
l income over short terml to generate income / capital appreciation through investment
in a portfolio comprising substantially of floating rate debt, fixed rate debt instruments swapped for floating rate returns and money market instruments
Riskometer
Investors understand that their principal will be at moderately low risk
~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
Portfolio Classification by Asset Class (%)
n G-Sec, SDL 1.10
n cP 5.59
n cD 31.39
n credit Exposure 58.76
n cash, cash Equivalents and Net current Assets 3.16
Portfolio Classification by Rating Class (%)
n Sovereign 1.10n AAA/AAA(SO)/A1+/A1+(SO) &
equivalent 80.63n AA+ 9.06n AA/AA- 3.77n A+ & Below 2.28n cash, cash Equivalents and Net
current Assets 3.16
[An open ended debt scheme predominantly investing in floating rate instruments (including fixed rate instruments converted to floating rate exposures using swaps / derivatives)]HDFC Floating Rate Debt Fund
Issuer Rating % to NAV
DEBT & DEBT RElATED
gOVERNMENT SECURiTiES (CENTRAl/STATE)
7.27 GOI 2026 Sovereign 0.66
7.32 GOI 2024 Sovereign 0.22
7.65% Karnataka SDL - Mat 061227 Sovereign 0.17
9.23% Gujarat SDL - Mat 300322 Sovereign 0.05
7.69% Gujarat SDL - Mat 201227 Sovereign @
Sub Total 1.10
CREDiT EXPOSURE
• LIc Housing Finance Ltd. cARE - AAA / cRISIL - AAA 6.87
• ONGc Petro additions Ltd. (OPAL) (Put on ONGc Ltd.) cRISIL - AAA(SO) 6.18
• Housing Development Finance corporation Ltd. £ cRISIL - AAA 6.06
• Power Finance corporation Ltd. cRISIL - AAA 5.87
• Shriram city Union Finance Ltd. cARE - AA+ 4.45
• National Bank for Agriculture and Rural Development cRISIL - AAA / IND - AAA 3.41
Axis Bank Ltd. cRISIL - A1+ / cRISIL - AA+ 3.33
National Housing Bank cARE - AAA 3.18
Rural Electrification corporation Ltd. cRISIL - AAA 2.68
Union Bank of India cARE - AA- 2.47
Syndicate Bank cARE - A+ 2.28
Shriram Transport Finance co. Ltd. IND - AA+ 2.21
Housing and Urban Development corporation Ltd. IcRA - AAA 1.34
Power Grid corporation of India Ltd. cRISIL - AAA 1.14
Indiabulls Housing Finance Ltd. cARE - AAA 1.12
Reliable Devices Trust (PTc banked by receivables from Reliance Retail Ltd.) IcRA - AAA(SO) 1.04
State Bank of India cARE - AA+ / cRISIL - AA+ 1.01
canara Bank cRISIL - AA 0.86
HPcL-Mittal Energy Ltd. IcRA - AA+ 0.74
NRSS xxIx Transmission Ltd. cRISIL - AAA 0.67
Volkswagen Finance Private Ltd. IND - AAA 0.45
Issuer Rating % to NAV
Bharti Airtel Ltd. cRISIL - AA 0.44
Gujarat Road and Infra co Ltd. cARE - AAA(SO) 0.44
HDB Financial Services Ltd. cRISIL - AAA 0.22
Indian Railways Finance corp. Ltd. cRISIL - AAA 0.22
Reliance Industries Ltd. cRISIL - AAA 0.04
Tata Sons Ltd. cRISIL - AAA 0.04
Sub Total 58.76
Total 59.86
MONEY MARKET INSTRUMENTS
CD/CP
• National Bank for Agriculture and Rural Development cRISIL - A1+ 5.32
• IcIcI Bank Ltd. cRISIL - A1+ / IcRA - A1+ 4.62
• Small Industries Development Bank cRISIL - A1+ / IcRA - A1+ 4.62
• Export - Import Bank of India cRISIL - A1+ 4.19
Indusind Bank Ltd. cRISIL - A1+ 2.64
IDFc First Bank Ltd. cRISIL - A1+ 2.32
Bank of Baroda cRISIL - A1+ 2.10
Axis Bank Ltd. cRISIL - A1+ 2.00
Punjab National Bank cARE - A1+ 1.65
JM Financial credit Solutions Ltd. IcRA - A1+ 1.49
Andhra Bank cARE - A1+ 1.30
Adani Transmission Ltd. IcRA - A1+ 1.06
Indiabulls Housing Finance Ltd. cRISIL - A1+ 0.88
Power Finance corporation Ltd. cRISIL - A1+ 0.87
LIc Housing Finance Ltd. IcRA - A1+ 0.85
The Federal Bank Ltd. cARE - A1+ 0.63
India Infoline Finance Ltd. cRISIL - A1+ 0.44
Sub Total 36.98
cash, cash Equivalents and Net current Assets 3.16
Grand Total 100.00
• Top Ten Holdings, £ co-sponsor, @ Less than 0.01%
Outstanding exposure in derivative instruments Interest Rate Swap (` in crore) 6,460.00
PORTFOLIO
48 April 2019
CATEgORY OF SCHEME: ULTRA SHORT DURATION FUND
KEY FACTSiNVESTMENT OBjECTiVE
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.
CATEgORY OF SCHEME: Ultra Short Duration Fund
FUND MANAgER ¥
Anil Bamboli (since September 25, 18)
Total Experience: Over 23 years
iNCEPTiON DATE (Date of Allotment)
September 25, 2018
NAV (AS ON APRIL 30, 2019) NAV PER UNIT (`)
Regular Plan - Growth Option 10.5136Regular Plan - Daily Dividend Reinvestment Option 10.0500Regular Plan - Weekly Dividend Option 10.0561Regular Plan - Monthly Dividend Option 10.1295Direct Plan - Growth Option 10.5338Direct Plan - Daily Dividend Reinvestment Option 10.0500Direct Plan - Weekly Dividend Option 10.0567Direct Plan - Monthly Dividend Option 10.1326
ASSETS UNDER MANAgEMENT (`) iN CRORE
As on April 30, 2019 5,811.71Average for Month of April, 2019 5,480.08
qUANTiTATiVE DATA
Average Maturity * 160 daysMacaulay Duration * 146 daysModified Duration * 128 daysYield to Maturity * 7.60%* computed on the invested amount.
TOTAL ExPENSE RATIO (As on April 30, 2019)Including Additional expenses and Goods and Service Tax on Management Fees
Regular: 0.60% Direct: 0.30%
#BENCHMARK iNDEX: cRISIL Ultra Short Term Debt Index
##ADDl. BENCHMARK iNDEX: cRISIL 1 year T-Bill Index
EXiT lOAD
Nil
PLANS & OPTIONS
Regular Plan, Direct Plan. Under both the Plans: Growth & Dividend Option. The Dividend Option offers Daily Dividend Option (with Reinvestment facility only) and Weekly and Monthly Dividend Option (with Payout and Reinvestment facility).
MiNiMUM APPliCATiON AMOUNT
Purchase : ` 5,000 and any amount thereafter. Additional Purchase : ` 1,000 and any amount thereafter.
¥ Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years).
Face Value per Unit: ` 10 unless otherwise specified, cD - certificate of Deposit; cP - commercial Papers. Data is as of April 30, 2019 unless otherwise specified.
This product is suitable for investors who are seeking ~
l income over short terml income/capital appreciation through investment in debt
securities and money market instruments
Riskometer
Investors understand that their principal will be at moderately low risk
~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Portfolio Classification by Asset Class (%)
n cP 33.51
n cD 23.38
n credit Exposure 37.60
n cash, cash Equivalents and Net current Assets 5.51
Portfolio Classification by Rating Class (%)
n AAA/AAA(SO)/A1+/A1+(SO) & equivalent 92.17
n AA+ 2.15n AA/AA- 0.17
n cash, cash Equivalents and Net current Assets 5.51
[An open ended ultra-short term debt scheme investing in instruments such that the Macaulay Duration of the portfolio is between 3 months and 6 months (Refer page 2 for definition of Macaulay Duration)]HDFC Ultra Short Term Fund
Issuer Rating % to NAV
DEBT & DEBT RElATED
CREDiT EXPOSURE
• Housing Development Finance corporation Ltd. £ cRISIL - AAA 7.23
• LIc Housing Finance Ltd. cARE - AAA / cRISIL - AAA 6.03
• National Housing Bank cARE - AAA 3.44
• Power Grid corporation of India Ltd. cRISIL - AAA 2.61
ONGc Petro additions Ltd. (OPAL) (Put on ONGc Ltd.) cRISIL - AAA(SO) 2.58
Rural electrification corporation Ltd. cRISIL - AAA 2.57
Power Finance corporation Ltd. cRISIL - AAA 2.41
Indian Railways Finance corp. Ltd. cRISIL - AAA 1.72
Bajaj Finance Ltd. IND - AAA 1.59
Adani Transmission Ltd. IND - AA+ 1.29
Tata capital Financial Services Ltd. cRISIL - AAA 1.29
National Bank for Agriculture and Rural Development cRISIL - AAA 0.86
Sundaram BNP Paribas Home Finance Ltd. IcRA - AA+ 0.86
Kotak Mahindra Prime Ltd. cRISIL - AAA 0.69
UltraTech cement Ltd. cRISIL - AAA 0.69
Small Industries Development Bank cARE - AAA 0.60
Reliable Devices Trust (PTc banked by receivables from Reliance Retail Ltd.) IcRA - AAA(SO) 0.54
Mahindra & Mahindra Financial Services Ltd. IND - AAA 0.43
cholamandalam Investment & Finance IcRA - AA 0.17
Sub Total 37.60
MONEY MARKET INSTRUMENTS
CD/CP
• Hindustan Petroleum corporation Ltd. cRISIL - A1+ 8.52
• Small Industries Development Bank cARE - A1+ 5.84
Issuer Rating % to NAV
• Housing and Urban Development corporation Ltd. IND - A1+ 4.20
• Axis Bank Ltd. cRISIL - A1+ 3.29
• IDFc First Bank Ltd. cRISIL - A1+ 3.22
• Andhra Bank cARE - A1+ 2.58
Kotak Mahindra Investments Ltd. cRISIL - A1+ 2.42
Punjab National Bank cARE - A1+ 2.42
Muthoot Finance Ltd. cRISIL - A1+ 2.13
Indian Bank cRISIL - A1+ 2.02
Tata Sons Ltd. cRISIL - A1+ 2.02
LIc Housing Finance Ltd. cRISIL - A1+ / IcRA - A1+ 1.63
Kotak Mahindra Bank Ltd. cRISIL - A1+ 1.62
IcIcI Bank Ltd. IcRA - A1+ 1.62
The Federal Bank Ltd. cARE - A1+ 1.61
Au Small Finance Bank Ltd. cRISIL - A1+ 1.55
Deutsche Investments India Pvt Ltd. cRISIL - A1+ 1.53
JSW Steel Ltd. IcRA - A1+ 1.28
Shriram Transport Finance co. Ltd. cRISIL - A1+ 1.02
Indusind Bank Ltd. cRISIL - A1+ 1.00
ScB Inv & Loan (I) Ltd. cRISIL - A1+ 0.85
Union Bank of India IcRA - A1+ 0.85
Hero Fincorp Ltd. cRISIL - A1+ 0.82
Tata capital Financial Services Ltd. IcRA - A1+ 0.82
National Bank for Agriculture and Rural Development cRISIL - A1+ 0.66
Vijaya Bank cRISIL - A1+ 0.51
Ford credit India Pvt Ltd. IND - A1+ 0.43
Hongkong & Shanghai Bank Ltd. IND - A1+ 0.43
Sub Total 56.89
cash, cash Equivalents and Net current Assets 5.51
Grand Total 100.00
• Top Ten Holdings, £ co-sponsor
Outstanding exposure in derivative instruments Interest Rate Swap (` in crore) 525.00
PORTFOLIO
April 2019 49
CATEgORY OF SCHEME: LIqUID FUND
KEY FACTSiNVESTMENT OBjECTiVE
To generate income through a portfolio comprising money market and debt instruments.
There is no assurance that the investment objective of the Scheme will be realized.
CATEgORY OF SCHEME: Liquid Fund
FUND MANAgER ¥
Anupam Joshi (since October 27, 15)
Total Experience: Over 12 years
iNCEPTiON DATE (Date of Allotment)
October 17, 2000
NAV (AS ON APRil 30, 2019)^^ NAV PER UNiT (`)
HDFC liquid FundRegular Plan - Growth Option 3,681.2860Regular Plan - Daily Dividend Reinvestment Option 1,019.8200Regular Plan - Weekly Dividend Option 1,032.5613Regular Plan - Monthly Dividend Option 1,033.8228Direct Plan - Growth Option 3,699.6767Direct Plan - Daily Dividend Reinvestment Option 1,019.8200Direct Plan - Weekly Dividend Option 1,032.5841Direct Plan - Monthly Dividend Option 1,033.9252HDFC liquid Fund - Premium PlanRegular Plan - Growth Option 3,757.4349Regular Plan - Daily Dividend Reinvestment Option 1,225.9800
ASSETS UNDER MANAgEMENT (`) iN CRORE
As on April 30, 2019 69,744.76Average for Month of April, 2019 73,010.22
qUANTiTATiVE DATA
Average Maturity * 41 daysMacaulay Duration * 40 daysModified Duration * 33 daysYield to Maturity * 7.27%* computed on the invested amount.
TOTAL ExPENSE RATIO (As on April 30, 2019)Including Additional expenses and Goods and Service Tax on Management Fees
Regular: 0.25% Direct: 0.15%
#BENCHMARK iNDEX: cRISIL Liquid Fund Index
##ADDl. BENCHMARK iNDEX: cRISIL 1 year T-Bill Index
EXiT lOAD
Nil
PLANS & OPTIONS
Regular Plan, Direct Plan. Under both the Plans: Growth & Dividend Option. The Dividend Option offers Daily Dividend Option (Reinvestment facility only) and Weekly and Monthly Dividend Option (with Payout and Reinvestment facility).
MiNiMUM APPliCATiON AMOUNT
Purchase : Under Growth Option, Weekly Dividend Option and Monthly Dividend Option: ` 5,000 and any amount thereafter. Under Daily Dividend Option: ̀ 10,000 and any amount thereafter.Additional Purchase : Under Growth Option, Weekly Dividend Option and Monthly Dividend Option: ̀ 1,000 and any amount thereafter. Under Daily Dividend Option: ` 5,000 and any amount thereafter.
¥ Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years).
^^calculated on all calendar days.
Face Value per Unit: ` 1,000, cD - certificate of Deposit; cP - commercial Papers. Data is as of April 30, 2019 unless otherwise specified.
This product is suitable for investors who are seeking ~
l regular income over short term
l to generate income through a portfolio comprising money market and debt instruments
Riskometer
Investors understand that their principal will be at low risk
~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 23, 19 Last 7 days 6.84 5.61 2.24 10,013 10,011 10,004Apr 15, 19 Last 15 days 6.93 6.18 3.60 10,028 10,025 10,015Mar 31, 19 Last 1 Month 6.98 6.40 4.68 10,057 10,053 10,038Apr 27, 18 Last 1 Year 7.34 7.62 7.32 10,734 10,762 10,732Apr 29, 16 Last 3 Years 7.00 7.18 6.70 12,254 12,315 12,148Apr 30, 14 Last 5 Years 7.61 7.68 7.34 14,436 14,483 14,253Oct 17, 00 Since Inception 7.28 N.A. 6.41 36,813 N.A. 31,626
Returns less than 1 year period are simple annualized and greater than 1 year are compounded annualized (cAGR). N.A. Not Available. Performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. For performance of other schemes managed by Anupam Joshi, please refer page 52. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 60.
n SDL, T-Bills 4.86
n cP 68.41
n cD 25.47
n credit Exposure 5.73
n cash, cash Equivalents and Net current Assets -4.47
Portfolio Classification by Asset Class (%)
n Sovereign 4.86
n AAA/AAA(SO)/A1+/A1+(SO) & equivalent 99.56
n AA+ 0.05
n cash, cash Equivalents and Net current Assets -4.47
Portfolio Classification by Rating Class (%)
(An open ended liquid scheme)HDFC Liquid Fund
PORTFOLIO
Company Rating % to NAV
DEBT & DEBT RElATED
gOVERNMENT SECURiTiES (CENTRAl/STATE)
7.86% Rajasthan SDL (UDAY Scheme- Strip II ) - ISD 230616 Mat 230619 Sovereign 0.24
Sub Total 0.24
T-BillS
91 Days TBill - Mat 040719 Sovereign 2.02
91 Days Tbill - Mat 270619 Sovereign 1.11
91 Days TBill - Mat 250719 Sovereign 0.68
91 Days Tbill - Mat 110719 Sovereign 0.40
182 Days Tbill - Mat 270619 Sovereign 0.14
91 Days Tbill - Mat 060619 Sovereign 0.13
364 Days TBill - Mat 060619 Sovereign 0.06
Company Rating % to NAV
91 Days Tbill - Mat 160519 Sovereign 0.04
91 Days Tbill - Mat 210619 Sovereign 0.03
91 Days Tbill - Mat 230519 Sovereign 0.01
Sub Total 4.62
CREDiT EXPOSURE
Power Finance corporation Ltd. cRISIL - AAA 1.20
Housing Development Finance corporation Ltd. £ cRISIL - AAA 0.95
Indian Railways Finance corp. Ltd. cARE - AAA 0.83
ONGc Mangalore Petrochemicals Ltd. IND - AAA 0.44
Mahindra & Mahindra Financial Services Ltd. IND - AAA 0.39
National Bank for Agriculture and Rural Development cRISIL - AAA 0.39
LIc Housing Finance Ltd. cARE - AAA / cRISIL - AAA 0.36
Tata capital Financial Services Ltd. cRISIL - AAA / IcRA - AA+ 0.29
L&T Finance Ltd. cARE - AAA 0.23
^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
50 April 2019
Face Value per Unit: ` 1,000, cD - certificate of Deposit; cP - commercial Papers. Data is as of April 30, 2019 unless otherwise specified.
(An open ended liquid scheme) .....Contd from previous pageHDFC Liquid FundPORTFOLIO
Company Rating % to NAV
Reliance Jio Infocomm Ltd. cRISIL - AAA 0.18
IcIcI Home Finance Ltd. IcRA - AAA 0.11
HDB Financial Services Ltd. cRISIL - AAA 0.07
Rural Electrification corporation Ltd. cRISIL - AAA 0.06
Kotak Mahindra Prime Ltd. cRISIL - AAA 0.05
Power Grid corporation of India Ltd. cRISIL - AAA 0.05
Bajaj Finance Ltd. IND - AAA 0.04
Volkswagen Finance Private Ltd. IND - AAA 0.04
Housing and Urban Development corporation Ltd. cARE - AAA 0.02
NTPc Ltd. cRISIL - AAA 0.02
cholamandalam Investment & Finance IcRA - AA+ 0.01
Sub Total 5.73
TOTAL 10.59
MONEY MARKET INSTRUMENTS
CD/CP
Indian Oil corporation Ltd. cRISIL - A1+ / IcRA - A1+ 7.74
Reliance Industries Ltd. cARE - A1+ / cRISIL - A1+ 6.37
NTPc Ltd. cARE - A1+ / cRISIL - A1+ / IcRA - A1+ 5.80
Oriental Bank of commerce cRISIL - A1+ 5.53
PNB Housing Finance Ltd. cARE - A1+ / cRISIL - A1+ 4.36
IcIcI Bank Ltd. IcRA - A1+ 4.04
Tata Sons Ltd. cRISIL - A1+ 3.79
Oil & Natural Gas corporation Ltd. cARE - A1+ 3.57
TATA Teleservices Ltd. cRISIL - A1+ 2.84
Indusind Bank Ltd. cRISIL - A1+ 2.82
Axis Bank Ltd. cRISIL - A1+ 2.74
Vijaya Bank cRISIL - A1+ 2.71
Syndicate Bank cRISIL - A1+ 2.68
National Bank for Agriculture and Rural Development cRISIL - A1+ / IcRA - A1+ 2.27
Reliance Jio Infocomm Ltd. cRISIL - A1+ 2.26
Tata Teleservices (Maharashtra) Ltd. cRISIL - A1+ 2.15
Hindustan Zinc Ltd. cRISIL - A1+ 2.13
Reliance Retail Ltd. cARE - A1+ 2.13
LIc Housing Finance Ltd. cRISIL - A1+ 2.05
Punjab National Bank cARE - A1+ 1.84
L&T Finance Ltd. cARE - A1+ / cRISIL - A1+ 1.82
National Housing Bank cRISIL - A1+ 1.78
Power Finance corporation Ltd. cRISIL - A1+ 1.41
Tata Motors Finance Ltd. cARE - A1+ / cRISIL - A1+ 1.28
Andhra Bank cARE - A1+ / IND - A1+ 1.14
Bharat Heavy electricals Ltd. cARE - A1+ 1.13
Mahindra & Mahindra Financial Services Ltd. cRISIL - A1+ 1.00
Power Grid corporation of India Ltd. cARE - A1+ 1.00
Company Rating % to NAV
The South Indian Bank Ltd. cARE - A1+ 1.00
Adani Ports & Special economic Zone cARE - A1+ / IcRA - A1+ 0.93
canara Bank cRISIL - A1+ 0.82
export - Import Bank of India IcRA - A1+ 0.72
Bajaj Housing Finance Ltd. cRISIL - A1+ 0.71
Tata capital Financial Services Ltd. cRISIL - A1+ / IcRA - A1+ 0.67
Magma Fincorp Ltd. cRISIL - A1+ 0.57
JSW Steel Ltd. IcRA - A1+ 0.48
SBI Global Factors Ltd. cRISIL - A1+ 0.47
Muthoot Finance Ltd. cRISIL - A1+ 0.42
Deutsche Investments India Pvt Ltd. cRISIL - A1+ 0.40
Hinduja Leyland Finance Ltd. cRISIL - A1+ 0.40
Vedanta Ltd. cRISIL - A1+ 0.36
canFin Homes Ltd. cARE - A1+ 0.29
GIc Housing Finance Ltd. cRISIL - A1+ 0.29
IcIcI Securities Primary Dealership cRISIL - A1+ 0.29
Julius Baer capital (India) Private IcRA - A1+ 0.29
Tata Motors Finance Solutions Ltd. cARE - A1+ 0.29
Trapti Trading & Investments Pvt Lt IcRA - A1+ 0.29
Aditya Birla capital Ltd. cRISIL - A1+ 0.28
BASF India Ltd. cRISIL - A1+ 0.28
Larsen and Toubro Ltd. cRISIL - A1+ 0.28
Nirma Ltd. cRISIL - A1+ 0.28
TATA Projects Ltd. cRISIL - A1+ 0.28
Tata Realty and Infrastructure Ltd. cRISIL - A1+ 0.28
TMF Holdings Ltd. (Subsidiary of Tata Motors Ltd.) cARE - A1+ 0.28
T V Sundram Iyengar & Sons Pvt Ltd. IcRA - A1+ 0.21
United Spirits Ltd. cRISIL - A1+ 0.21
Axis Finance Ltd. IND - A1+ 0.18
Ford credit India Pvt Ltd. IND - A1+ 0.18
Hero Fincorp Ltd. IcRA - A1+ 0.14
L&T Finance Holdings Ltd. cARE - A1+ 0.14
ScB Inv & Loan (I) Ltd. cRISIL - A1+ 0.14
Shriram Transport Finance co. Ltd. cRISIL - A1+ 0.14
Steel Authority Of India Ltd. cARE - A1+ 0.14
Small Industries Development Bank cARE - A1+ / IcRA - A1+ 0.11
Aditya Birla Money Ltd. cRISIL - A1+ 0.11
HSBc InvestDirect Financial Services (India) Ltd. IND - A1+ 0.11
IDFc First Bank Ltd. cRISIL - A1+ 0.04
Sub Total 93.88
cash, cash Equivalents and Net current Assets -4.47
Grand Total 100.00
• Top Ten Holdings, £ co-sponsor
April 2019 51
CATEgORY OF SCHEME: OVERNIGHT FUND
KEY FACTS
iNVESTMENT OBjECTiVE
To generate returns by investing in debt and money market instruments with overnight maturity.
There is no assurance that the investment objective of the Scheme will be realized.
CATEgORY OF SCHEME: Overnight Fund
FUND MANAgER ¥
Anil Bamboli (since July 25, 12)
Total Experience: Over 23 years
iNCEPTiON DATE (Date of Allotment)
February 06, 2002
NAV (AS ON APRIL 30, 2019) NAV PER UNIT (`)
Regular Plan - Growth Option 2,825.0485Regular Plan - Daily Dividend Reinvestment Option 1,042.6600Direct Plan - Growth Option 2,836.0622Direct Plan - Daily Dividend Reinvestment Option 1,042.6600
ASSETS UNDER MANAgEMENT (`) iN CRORE
As on April 30, 2019 5,409.68Average for Month of April, 2019 5,485.92
qUANTiTATiVE DATA
Average Maturity * 1 dayMacaulay Duration * 1 dayModified Duration * 1 dayYield to Maturity * 6.01%* computed on the invested amount.
TOTAL ExPENSE RATIO (As on April 30, 2019)Including Additional expenses and Goods and Service Tax on Management Fees
Regular: 0.20% Direct: 0.10%
#BENCHMARK iNDEX: cRISIL Overnight Index
##ADDl. BENCHMARK iNDEX: cRISIL 1 year T-Bill Index
EXiT lOAD
Nil
PLANS & OPTIONS
Regular Plan, Direct Plan. Each Plan offers Growth and Daily Dividend Option (with Reinvestment facility only).
MiNiMUM APPliCATiON AMOUNT
Purchase : Under Growth Option : ` 5,000 and any amount thereafter. Under Daily Dividend Option : ` 10,000 and any amount thereafter
Additional Purchase : Under Growth Option : ̀ 1,000 and any amount thereafter. Under Daily Dividend Option : ` 5,000 and any amount thereafter
¥ Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years).
PERFORMANCE ^ - Regular plan - growth Option
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`)#
Additional Benchmark
(`)##
Apr 23, 19 Last 7 days 5.82 6.02 2.24 10,011 10,012 10,004Apr 15, 19 Last 15 days 5.82 6.02 3.60 10,024 10,025 10,015Mar 31, 19 Last 1 Month 5.80 6.02 4.68 10,048 10,049 10,038Apr 27, 18 Last 1 Year 6.20 6.32 7.32 10,620 10,632 10,732Apr 29, 16 Last 3 Years 6.08 6.16 6.70 11,938 11,967 12,148Apr 30, 14 Last 5 Years 6.63 6.77 7.34 13,787 13,877 14,253Feb 06, 02 Since Inception 6.21 N.A. 6.06 28,250 N.A. 27,569
Returns less than 1 year period are simple annualized and greater than 1 year are compounded annualized (cAGR). N.A. Not Available. Performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. For performance of other schemes managed by Anil Bamboli, please refer page 52. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 62.
Face Value per Unit: ` 1,000, Data is as of April 30, 2019 unless otherwise specified.
cash, cash Equivalents and Net current Assets 100.00
Portfolio Classification by Asset Class (%)
cash, cash Equivalents and Net current Assets 100.00
Portfolio Classification by Rating Class (%)
This product is suitable for investors who are seeking ~
l regular income over short term that may be in line with the overnight call rates
l to generate returns by investing in debt and money market instruments with overnight maturity
Riskometer
Investors understand that their principal will be at low risk
~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them. ^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
(An open ended debt scheme investing in overnight securities)HDFC Overnight Fund
Issuer Rating % to NAV
cash, cash Equivalents and Net current Assets 100.00
Grand Total 100.00
PORTFOLIO
52 April 2019
Performance details of Schemes managed by respective Fund Managers
Sr. No. Name of the Fund Manager Funds Managed Page no.
1 Mr. Prashant Jain HDFC Equity Fund 05
HDFC Top 100 Fund 07
HDFC Balanced Advantage Fund 13-14
HDFC Hybrid Debt Fund (Co-managed scheme) 32-33
2 Mr. Vinay Kulkarni HDFC Focused 30 Fund 11
HDFC Growth Opportunities Fund 10
HDFC TaxSaver 23
HDFC Equity Savings Fund (Co-managed scheme) 30-31
3 Mr. Srinivas Rao Ravuri HDFC Infrastructure Fund 12
Close ended schemes 53
4 Mr. Chirag Setalvad HDFC Mid-Cap Opportunities Fund 08
HDFC Small Cap Fund 09
HDFC Long Term Advantage Fund 53
HDFC Hybrid Equity Fund 15-16
HDFC Children’s Gift Fund 24-25
HDFC Multi-Asset Fund (Co-managed scheme) 17-18
HDFC Retirement Savings Fund - Equity Plan (Co-managed scheme) 26
HDFC Retirement Savings Fund - Hybrid Equity Plan (Co-managed scheme) 27-28
HDFC Retirement Savings Fund - Hybrid Debt Plan (Co-managed scheme) 29
5 Mr. Miten Lathia HDFC Capital Builder Value Fund 06
HDFC Dynamic PE Ratio Fund of Funds (Co-managed scheme) 56
6 Mr. Krishan Kumar Daga HDFC Arbitrage Fund 34-35
HDFC Multi-Asset Fund (Co-managed scheme) 17-18
HDFC Index Fund - SEnSEx Plan 22
HDFC Index Fund - nIFTY 50 Plan 20
HDFC SEnSEx ETF 21
HDFC nIFTY 50 ETF 19
HDFC Gold Exchange Traded Fund 55
HDFC Gold Fund 55
HDFC Equity Savings Fund (Co-managed scheme) 30-31
Closed ended schemes (Co-managed) 57
7 Mr. Shobhit Mehrotra HDFC Income Fund 42
HDFC Medium Term Debt Fund 43
HDFC Floating Rate Debt Fund 47
HDFC Credit Risk Debt Fund 37-38
HDFC Hybrid Debt Fund (Co-managed scheme) 32-33
HDFC Retirement Savings Fund - Equity Plan (Co-managed scheme) 26
HDFC Retirement Savings Fund - Hybrid Equity Plan (Co-managed scheme) 27-28
HDFC Retirement Savings Fund - Hybrid Debt Plan (Co-managed scheme) 29
Close ended schemes 53
8 Mr. Anil Bamboli HDFC Dynamic Debt Fund 41
HDFC Short Term Debt Fund 42
HDFC Gilt Fund 40
HDFC Money Market Fund 46
HDFC Ultra Short Term Fund 48
HDFC Overnight Fund 50
HDFC Banking and PSU Debt Fund 39
HDFC Equity Savings Fund (Co-managed scheme) 30-31
HDFC Multi-Asset Fund (Co-managed scheme) 17-18
HDFC Dynamic PE Ratio Fund of Funds (Co-managed scheme) 56
Close ended schemes 54-55
Closed ended schemes (Co-managed) 56-57
9 Mr. Anupam Joshi HDFC Liquid Fund 49-50
HDFC Corporate Bond Fund 36
HDFC Low Duration Fund 45
Close ended schemes 55-56
For performance details of Direct Plan, refer page 58-65
Exit Load : (i) no exit load shall be levied for switching between Options under the same Plan within a Scheme. (ii) Switch of investments to Direct Plan within the same Scheme shall be subject to applicable exit load, unless the investments were made without any distributor code. However, any subsequent switch-out or redemption of such investments from the Direct Plan will not be subject to any exit load. (iii) no exit load shall be levied for switch-out from Direct Plan to other Plan within the same Scheme. However, any subsequent switch-out or redemption of such investment from the other Plan shall be subject to exit load based on the original date of investment in the Direct Plan. (iv) Switch of investments between Plans under a Scheme having separate portfolios, will be subject to applicable exit load. (v) no exit load will be levied on Bonus Units and Units allotted on Dividend Re-investment. (vi) In case of Systematic Transactions such as SIP, GSIP, Flex SIP, STP, Flex STP, Swing STP, Flexindex; Exit Load, if any, prevailing on the date of registration / enrolment shall be levied.
Tax Benefits / Consequences : The Dividend Distribution Tax on distribution of income by equity oriented fund to all the investors shall be payable at the rate of 11.648%* and on distribution of income by other than equity oriented fund to an individual / HUF shall be payable at the rate of 29.12%* and at the rate of 34.944%* on distribution of income to any other investor. Such income distributed by the Scheme(s) is free from Income–tax in the hands of Investors. Units of the Scheme(s) are not subject to Wealth-tax and Gift-tax. Unit holders are required to pay Securities Transaction Tax (STT) at the rate of 0.001% at the time of redemption / switch-out of units of an equity-oriented fund. * including applicable surcharge, health and education cess.
Investors should be aware that the fiscal rules / tax laws may change and there can be no guarantee that the current tax position may continue indefinitely. In view of individual nature of tax consequences, each investor is advised to consult his / her own professional tax advisor.
April 2019 53
SCHEME PERFORMANCE - REGULAR PLAN - GROWTH OPTION (FUND MANAGER-WISE)
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. n.A.: not Available
Performance of close-ended schemes, being close-ended in nature, is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended schemes is primarily buy-and-hold whereas open-ended schemes are actively managed.
SRINIvAS RAO RAvURI
HDFC EOF - II - 1126D MAy 2017 (1) NAv as on Apr 30, 2019 ` 10.6870
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 18 Last 1 Year 2.98 10.84 12.40 10,298 11,084 11,240Jun 15, 17 Since Inception 3.61 12.93 14.24 10,687 12,560 12,834
# nIFTY 50 (Total Returns Index) ## S&P BSE SEnSEx (Total Returns Index). The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Srinivas Rao Ravuri since inception.
HDFC EOF - II - 1100D JUNE 2017 (1) NAv as on Apr 30, 2019 ` 10.2540
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 18 Last 1 Year 4.87 10.84 12.40 10,487 11,084 11,240Jul 17, 17 Since Inception 1.41 11.22 12.73 10,254 12,093 12,386
# nIFTY 50 (Total Returns Index) ## S&P BSE SEnSEx (Total Returns Index). The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Srinivas Rao Ravuri since inception.
HDFC HOF - I - 1140D NOvEMBER 2017 (1) NAv as on Apr 30, 2019 ` 9.4660
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 18 Last 1 Year -4.54 1.71 10.84 9,546 10,171 11,084Dec 06, 17 Since Inception -3.85 5.69 13.23 9,466 10,804 11,896
# India Housing & Allied Businesses Index ## nIFTY 50 (Total Returns Index). The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Srinivas Rao Ravuri since inception.
CHIRAG SETALvAD
HDFC LONG TERM ADvANTAGE FUND NAv as on Apr 30, 2019 ` 363.475
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 18 Last 1 Year 5.54 12.40 10.84 10,554 11,240 11,084Apr 29, 16 Last 3 Years 15.91 16.55 15.91 15,579 15,838 15,580Apr 30, 14 Last 5 Years 15.02 13.28 13.32 20,139 18,664 18,693Jan 02, 01 Since Inception 21.65 14.23 14.50 363,475 114,732 119,736
# S&P BSE SEnSEx (Total Returns Index) ## nIFTY 50 (Total Returns Index). The scheme is managed by Mr. Chirag Setalvad since April 02, 2007.
SHOBHIT MEHROTRA
HDFC FMP 3360D MARCH 2014 (1) NAv as on Apr 30, 2019 ` 14.1053
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 9.37 8.06 8.98 10,937 10,806 10,898Apr 29, 16 Last 3 Years 7.91 7.25 5.77 12,567 12,338 11,834Apr 30, 14 Last 5 Years 7.35 8.87 7.95 14,260 15,301 14,665Mar 26, 14 Since Inception 6.98 8.94 7.91 14,105 15,477 14,744
# CRISIL Composite Bond Fund Index ## CRISIL 10 year Gilt Index. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1168D FEBRUARy 2016 (1) NAv as on Apr 30, 2019 ` 13.4044
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.93 8.06 7.32 10,793 10,806 10,732Apr 29, 16 Last 3 Years 9.32 7.25 6.70 13,067 12,338 12,148Feb 03, 16 Since Inception 9.47 7.76 6.79 13,404 12,737 12,371
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 5 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1213D MARCH 2017 (1) NAv as on Apr 30, 2019 ` 11.5439
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 6.89 8.06 7.32 10,689 10,806 10,732Mar 23, 17 Since Inception 7.06 5.93 6.54 11,544 11,288 11,426
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1188D MARCH 2017 (1) NAv as on Apr 30, 2019 ` 11.5687
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 6.96 8.06 7.32 10,696 10,806 10,732Mar 30, 17 Since Inception 7.24 5.69 6.56 11,569 11,223 11,416
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1172D APRIL 2017 (1) NAv as on Apr 30, 2019 ` 11.4473
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.72 8.06 7.32 10,772 10,806 10,732Apr 11, 17 Since Inception 6.81 5.84 6.59 11,447 11,236 11,400
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1165D APRIL 2017 (1) NAv as on Apr 30, 2019 ` 11.4358
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.71 8.06 7.32 10,771 10,806 10,732Apr 18, 17 Since Inception 6.82 5.74 6.67 11,436 11,202 11,402
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1166D MAy 2017 (1) NAv as on Apr 30, 2019 ` 11.5333
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.68 8.06 7.32 10,768 10,806 10,732May 09, 17 Since Inception 7.49 5.85 6.75 11,533 11,189 11,377
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1136D JUNE 2017 (1) NAv as on Apr 30, 2019 ` 11.3843
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.35 8.06 7.32 10,735 10,806 10,732Jun 08, 17 Since Inception 7.09 4.84 6.74 11,384 10,937 11,315
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1430D JULy 2017 (1) NAv as on Apr 30, 2019 ` 11.1158
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 8.37 8.06 7.32 10,837 10,806 10,732Aug 01, 17 Since Inception 6.25 4.48 6.77 11,116 10,796 11,211
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
54 April 2019
SCHEME PERFORMANCE - REGULAR PLAN - GROWTH OPTION (FUND MANAGER-WISE)
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. n.A.: not Available
Performance of close-ended schemes, being close-ended in nature, is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended schemes is primarily buy-and-hold whereas open-ended schemes are actively managed.
ANIL BAMBOLI
HDFC CHARITy FUND FOR CANCER CURE - DEBT PLAN^
NAv as on Apr 30, 2019 ` 10.0818
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.54 8.03 7.32 10,754 10,803 10,732Mar 27, 17 Since Inception 7.14 6.72 6.55 11,554 11,458 11,420
# CRISIL Short Term Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception. ^Scheme offers Dividend option only. Returns of HDFC Charity Fund for Cancer Cure - Debt Plan - Regular Plan are computed based on nAV of Dividend Option and all dividends (after statutory levy) are assumed to be reinvested in the units of the scheme at the then prevailing nAV (ex-dividend nAV).
HDFC FMP 1846D AUGUST 2013 (1) NAv as on Apr 30, 2019 ` 15.9414
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 6.59 8.06 7.32 10,659 10,806 10,732Apr 29, 16 Last 3 Years 6.86 7.25 6.70 12,205 12,338 12,148Apr 30, 14 Last 5 Years 7.99 8.87 7.34 14,687 15,301 14,253Aug 14, 13 Since Inception 8.51 9.08 7.52 15,941 16,425 15,129
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1175D JANUARy 2014 (1) NAv as on Apr 30, 2019 ` 15.8837
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 8.00 8.06 7.32 10,800 10,806 10,732Apr 29, 16 Last 3 Years 7.42 7.25 6.70 12,398 12,338 12,148Apr 30, 14 Last 5 Years 9.12 8.87 7.34 15,476 15,301 14,253Feb 05, 14 Since Inception 9.25 8.97 7.40 15,884 15,677 14,526
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 370D MARCH 2014 (1) NAv as on Apr 30, 2019 ` 14.9049
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 8.00 8.03 7.32 10,800 10,803 10,732Apr 29, 16 Last 3 Years 7.25 7.41 6.70 12,338 12,395 12,148Apr 30, 14 Last 5 Years 7.91 8.21 7.34 14,634 14,840 14,253Mar 05, 14 Since Inception 8.05 8.32 7.38 14,905 15,099 14,439
# CRISIL Short Term Bond Fund Index ## CRISIL 1 year T-Bill Index. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 793D FEBRUARy 2014 (1) NAv as on Apr 30, 2019 ` 15.2850
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 8.03 8.03 7.32 10,803 10,803 10,732Apr 29, 16 Last 3 Years 7.18 7.41 6.70 12,314 12,395 12,148Apr 30, 14 Last 5 Years 8.50 8.21 7.34 15,040 14,840 14,253Feb 26, 14 Since Inception 8.54 8.33 7.38 15,285 15,132 14,457
# CRISIL Short Term Bond Fund Index ## CRISIL 1 year T-Bill Index. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1111D SEPTEMBER 2016 (1) NAv as on Apr 30, 2019 ` 12.3626
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 8.15 8.06 7.32 10,815 10,806 10,732Sep 15, 16 Since Inception 8.43 6.12 6.61 12,363 11,684 11,829
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1309D SEPTEMBER 2016 (1) NAv as on Apr 30, 2019 ` 12.2098
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.12 8.06 7.32 10,712 10,806 10,732Sep 20, 16 Since Inception 7.96 6.12 6.61 12,210 11,676 11,817
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1302D SEPTEMBER 2016 (1) NAv as on Apr 30, 2019 ` 12.1871
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 6.97 8.06 7.32 10,697 10,806 10,732Sep 28, 16 Since Inception 7.95 5.82 6.59 12,187 11,576 11,795
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1218D DECEMBER 2016 (1) NAv as on Apr 30, 2019 ` 11.8036
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 8.26 8.06 7.32 10,826 10,806 10,732Jan 12, 17 Since Inception 7.49 4.99 6.51 11,804 11,184 11,558
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1199D JANUARy 2017 (1) NAv as on Apr 30, 2019 ` 11.6563
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.77 8.06 7.32 10,777 10,806 10,732Jan 31, 17 Since Inception 7.07 5.06 6.54 11,656 11,170 11,526
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1150D FEBRUARy 2017 (1) NAv as on Apr 30, 2019 ` 11.6073
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 8.16 8.06 7.32 10,816 10,806 10,732Feb 22, 17 Since Inception 7.06 6.17 6.57 11,607 11,396 11,492
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1155D FEBRUARy 2017 (1) NAv as on Apr 30, 2019 ` 11.5835
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.94 8.06 7.32 10,794 10,806 10,732Feb 16, 17 Since Inception 6.91 5.95 6.59 11,584 11,357 11,507
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
April 2019 55
SCHEME PERFORMANCE - REGULAR PLAN - GROWTH OPTION (FUND MANAGER-WISE)
ANIL BAMBOLI....CONTINUED
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. n.A.: not Available
Performance of close-ended schemes, being close-ended in nature, is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended schemes is primarily buy-and-hold whereas open-ended schemes are actively managed.
HDFC FMP 1178D FEBRUARy 2017 (1) NAv as on Apr 30, 2019 ` 11.7447
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.54 8.06 7.32 10,754 10,806 10,732Feb 22, 17 Since Inception 7.64 6.17 6.57 11,745 11,396 11,492
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1169D FEBRUARy 2017 (1) NAv as on Apr 30, 2019 ` 11.5392
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.90 8.06 7.32 10,790 10,806 10,732Feb 03, 17 Since Inception 6.61 5.01 6.52 11,539 11,154 11,516
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1170D FEBRUARy 2017 (1) NAv as on Apr 30, 2019 ` 11.7007
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.31 8.06 7.32 10,731 10,806 10,732Mar 01, 17 Since Inception 7.53 6.19 6.58 11,701 11,389 11,480
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1181D APRIL 2018 (1) NAv as on Apr 30, 2019 ` 10.8330
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 8.26 8.06 7.32 10,826 10,806 10,732Apr 27, 18 Since Inception 8.26 8.06 7.32 10,833 10,813 10,738
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
KRISHAN KUMAR DAGA
HDFC GOLD EXCHANGE TRADED FUND* NAv as on Apr 30, 2019 ` 2,898.123
Date Period Scheme Returns (%)
Benchmark Returns
(%)#
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Apr 30, 18 Last 1 Year 1.16 2.25 10,116 10,225Apr 29, 16 Last 3 Years 0.84 1.93 10,255 10,592Apr 30, 14 Last 5 Years 1.67 2.78 10,865 11,471Aug 13, 10 Since Inception 5.61 6.43 16,098 17,215
# Domestic Price of Physical Gold. Since inception returns are calculated on ̀ 1800.3288 (allotment price) * The Scheme does not offer any Plans/Options. The scheme is managed by Mr. Krishan Kumar Daga since October 19, 2015.
HDFC GOLD FUND NAv as on Apr 30, 2019 ` 10.315
Date Period Scheme Returns (%)
Benchmark Returns
(%)#
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Apr 30, 18 Last 1 Year 1.29 2.25 10,129 10,225Apr 29, 16 Last 3 Years 0.60 1.93 10,182 10,592Apr 30, 14 Last 5 Years -0.26 2.78 9,872 11,471nov 01, 11 Since Inception 0.41 2.15 10,315 11,731
# Domestic Price of Physical Gold. The scheme is managed by Mr. Krishan Kumar Daga since October 19, 2015.
HDFC CHARITy FUND FOR CANCER CURE - ARBITRAGE PLAN^
NAv as on Apr 30, 2019 ` 10.094
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##Apr 30, 18 Last 1 Year 6.22 5.87 10.84 10,622 10,587 11,084Mar 27, 17 Since Inception 6.40 5.08 14.77 11,387 11,094 13,342
# nIFTY 50 Arbitrage Index ## nIFTY 50 Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Krishan Kumar Daga since inception. ^ Scheme offers Dividend option only. Returns of HDFC Charity Fund for Cancer Cure - Arbitrage Plan - Regular Plan are computed based on nAV of Dividend Option and all dividends (after statutory levy) are assumed to be reinvested in the units of the scheme at the then prevailing nAV (ex-dividend nAV).
ANUPAM JOSHI
HDFC FMP 1190D MARCH 2016 (1) NAv as on Apr 30, 2019 ` 13.2194
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##Apr 27, 18 Last 1 Year 8.44 8.06 7.32 10,844 10,806 10,732Apr 29, 16 Last 3 Years 9.33 7.25 6.70 13,071 12,338 12,148Mar 23, 16 Since Inception 9.41 7.47 6.76 13,219 12,507 12,251
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 5 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1127D MAy 2016 (1) NAv as on Apr 30, 2019 ` 12.6912
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##Apr 27, 18 Last 1 Year 7.29 8.06 7.32 10,729 10,806 10,732May 31, 16 Since Inception 8.52 7.28 6.72 12,691 12,275 12,087
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1153D APRIL 2016 (1) NAv as on Apr 30, 2019 ` 12.7635
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##Apr 27, 18 Last 1 Year 7.16 8.06 7.32 10,716 10,806 10,732May 05, 16 Since Inception 8.51 7.26 6.70 12,764 12,327 12,138
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1113D JUNE 2016 (1) NAv as on Apr 30, 2019 ` 12.3794
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##Apr 27, 18 Last 1 Year 7.72 8.06 7.32 10,772 10,806 10,732Jun 08, 16 Since Inception 7.66 7.29 6.71 12,379 12,259 12,066
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1127D JUNE 2016 (1) NAv as on Apr 30, 2019 ` 12.3561
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##Apr 27, 18 Last 1 Year 7.89 8.06 7.32 10,789 10,806 10,732Jun 21, 16 Since Inception 7.68 7.30 6.70 12,356 12,231 12,037
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
56 April 2019
SCHEME PERFORMANCE - REGULAR PLAN - GROWTH OPTION (FUND MANAGER-WISE)
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. n.A.: not Available
Performance of close-ended schemes, being close-ended in nature, is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended schemes is primarily buy-and-hold whereas open-ended schemes are actively managed.
ANUPAM JOSHI....CONTINUED
HDFC FMP 1128D JUNE 2016 (1) NAv as on Apr 30, 2019 ` 12.6479
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##Apr 27, 18 Last 1 Year 7.79 8.06 7.32 10,779 10,806 10,732Jun 29, 16 Since Inception 8.64 7.17 6.69 12,648 12,170 12,015
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1112D JUNE 2016 (1) NAv as on Apr 30, 2019 ` 12.2660
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##Apr 27, 18 Last 1 Year 7.50 8.06 7.32 10,750 10,806 10,732Jul 07, 16 Since Inception 7.53 7.00 6.67 12,266 12,099 11,993
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1161D JUL y 2016 (1) NAv as on Apr 30, 2019 ` 12.5145
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##Apr 27, 18 Last 1 Year 8.23 8.06 7.32 10,823 10,806 10,732Jul 27, 16 Since Inception 8.47 6.64 6.64 12,515 11,941 11,942
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1158D FEBRUARy 2018 (1) NAv as on Apr 30, 2019 ` 10.8999
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 8.19 8.06 7.32 10,819 10,806 10,732Feb 27, 18 Since Inception 7.64 7.52 7.35 10,900 10,886 10,865
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1150D MARCH 2018 (1) NAv as on Apr 30, 2019 ` 10.8579
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 8.08 8.06 7.32 10,808 10,806 10,732Mar 07, 18 Since Inception 7.43 7.54 7.37 10,858 10,871 10,851
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1208D MARCH 2018 (1) NAv as on Apr 30, 2019 ` 10.6915
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 6.67 8.06 7.32 10,667 10,806 10,732Mar 16, 18 Since Inception 6.13 7.01 7.28 10,692 10,791 10,821
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1143D MARCH 2018 (1) NAv as on Apr 30, 2019 ` 10.8147
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 8.08 8.06 7.32 10,808 10,806 10,732Mar 13, 18 Since Inception 7.17 7.36 7.31 10,815 10,837 10,831
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1147D MARCH 2018 (1) NAv as on Apr 30, 2019 ` 10.7837
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 8.11 8.06 7.32 10,811 10,806 10,732Mar 22, 18 Since Inception 7.05 7.03 7.29 10,784 10,781 10,810
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1145D MARCH 2018 (1) NAv as on Apr 30, 2019 ` 10.7762
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 8.08 8.06 7.32 10,808 10,806 10,732Mar 23, 18 Since Inception 7.01 6.96 7.30 10,776 10,771 10,808
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1177D MARCH 2018 (1) NAv as on Apr 30, 2019 ` 10.6871
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.11 8.06 7.32 10,711 10,806 10,732Mar 28, 18 Since Inception 6.28 6.19 7.15 10,687 10,676 10,783
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1183D APRIL 2018 (1) NAv as on Apr 30, 2019 ` 10.7178
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 8.23 8.06 7.32 10,823 10,806 10,732Apr 17, 18 Since Inception 6.92 6.53 7.22 10,718 10,677 10,749
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
CO-MANAGED By MITEN LATHIA & ANIL BAMBOLI
HDFC DyNAMIC PE RATIO FUND OF FUNDS NAv as on Apr 30, 2019 ` 18.7141
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 18 Last 1 Year 4.28 9.92 10.84 10,428 10,992 11,084Apr 29, 16 Last 3 Years 11.70 12.89 15.91 13,941 14,391 15,580Apr 30, 14 Last 5 Years 9.75 11.83 13.32 15,930 17,497 18,693Feb 06, 12 Since Inception 9.05 11.39 12.85 18,714 21,818 23,972
# nIFTY 50 Hybrid Composite Debt 65:35 Index ## nIFTY 50 (Total Returns Index). Scheme performance may not strictly be comparable with that of its Additional Benchmark in view of hybrid nature of the scheme where a portion of scheme’s investments are made in equity instruments. The scheme is co-managed by Mr. Miten Lathia & Mr. Anil Bamboli since June 28, 2014.
April 2019 57
SCHEME PERFORMANCE - REGULAR PLAN - GROWTH OPTION (FUND MANAGER-WISE)
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. n.A.: not Available
Performance of close-ended Scheme is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended schemes is primarily buy and hold whereas open ended schemes are actively managed.
CO-MANAGED ByKRISHAN KUMAR DAGA & ANIL BAMBOLI
HDFC DAF - II - 1111D APRIL 2016 NAv as on Apr 30, 2019 ` 12.0056
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 5.78 8.87 7.32 10,578 10,887 10,732May 12, 16 Since Inception 6.35 9.57 6.71 12,006 13,114 12,126
# nIFTY 50 Hybrid Short Duration Debt 25:75 Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is co-managed by Mr. Krishan Kumar Daga & Anil Bamboli since inception.
HDFC DAF - III - 1304D AUGUST 2016 NAv as on Apr 30, 2019 ` 11.6234
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 6.28 9.42 7.32 10,628 10,942 10,732Sep 12, 16 Since Inception 5.89 9.70 6.60 11,623 12,758 11,831
# nIFTY 50 Hybrid Short Duration Debt 40:60 Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is co-managed by Mr. Krishan Kumar Daga & Anil Bamboli since inception.
HDFC DAF - III - 1267D OCTOBER 2016 NAv as on Apr 30, 2019 ` 11.4461
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 6.24 9.42 7.32 10,624 10,942 10,732Oct 25, 16 Since Inception 5.52 9.95 6.54 11,446 12,692 11,724
# nIFTY 50 Hybrid Short Duration Debt 40:60 Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is co-managed by Mr. Krishan Kumar Daga & Anil Bamboli since inception.
HDFC DAF - III - 1224D NOvEMBER 2016 NAv as on Apr 30, 2019 ` 11.3642
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 6.17 8.87 7.32 10,617 10,887 10,732Dec 07, 16 Since Inception 5.49 9.54 6.52 11,364 12,439 11,632
# nIFTY 50 Hybrid Short Duration Debt 25:75 Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is co-managed by Mr. Krishan Kumar Daga & Anil Bamboli since inception.
58 April 2019
SCHEME PERFORMANCE - DIRECT PLAN - GROWTH OPTION (FUND MANAGER-WISE)
PRASHANT JAIN
HDFC EQUITy FUND NAv as on Apr 30, 2019 ` 709.020
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested Scheme
(`)Benchmark
(`)#Additional
Benchmark (`)##
Apr 30, 18 Last 1 Year 9.03 2.98 10.84 10,903 10,298 11,084Apr 29, 16 Last 3 Years 17.27 15.03 15.91 16,133 15,225 15,580Apr 30, 14 Last 5 Years 15.57 14.27 13.32 20,621 19,489 18,693Jan 01, 13 Since Inception 14.75 13.02 12.71 23,883 21,698 21,329
# nIFTY 500 (Total Returns Index) ## nIFTY 50 (Total Returns Index).
HDFC TOP 100 FUND NAv as on Apr 30, 2019 ` 524.767
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested Scheme
(`)Benchmark
(`)#Additional
Benchmark (`)##
Apr 30, 18 Last 1 Year 12.43 7.91 12.40 11,243 10,791 11,240Apr 29, 16 Last 3 Years 17.42 15.79 16.55 16,198 15,531 15,838Apr 30, 14 Last 5 Years 15.18 13.95 13.28 20,281 19,220 18,664Jan 01, 13 Since Inception 14.00 13.15 13.06 22,921 21,851 21,742
# nIFTY 100 (Total Returns Index) ## S&P BSE SEnSEx (Total Returns Index).
HDFC BALANCED ADvANTAGE FUND NAv as on Apr 30, 2019 ` 207.199
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested Scheme
(`)Benchmark
(`)#Additional
Benchmark (`)##
Apr 30, 18 Last 1 Year 7.96 9.92 10.84 10,796 10,992 11,084Apr 29, 16 Last 3 Years 15.09 12.89 15.91 15,251 14,391 15,580Apr 30, 14 Last 5 Years 15.54 11.83 13.32 20,594 17,497 18,693Jan 01, 13 Since Inception 14.27 11.21 12.71 23,259 19,590 21,329
# nIFTY 50 Hybrid Composite Debt 65:35 Index ## nIFTY 50 (Total Returns Index). Scheme performance may not strictly be comparable with that of its Additional Benchmark in view of balanced nature of the scheme where a portion of scheme’s investments are made in debt instruments. Refer to note on performance disclosure on Page no. 14.
vINAy KULKARNI
HDFC FOCUSED 30 FUND NAv as on Apr 30, 2019 ` 82.014
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested Scheme
(`)Benchmark
(`)#Additional
Benchmark (`)##
Apr 30, 18 Last 1 Year -2.85 2.98 12.40 9,715 10,298 11,240Apr 29, 16 Last 3 Years 12.12 15.03 16.55 14,100 15,225 15,838Apr 30, 14 Last 5 Years 13.79 14.27 13.28 19,081 19,489 18,664Jan 01, 13 Since Inception 11.88 13.02 13.06 20,350 21,698 21,742
# nIFTY 500 (Total Returns Index) ## S&P BSE SEnSEx (Total Returns Index).
HDFC GROWTH OPPORTUNITIES FUND NAv as on Apr 30, 2019 ` 115.207
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested Scheme
(`)Benchmark
(`)#Additional
Benchmark (`)##
Apr 30, 18 Last 1 Year 4.44 -1.67 12.40 10,444 9,833 11,240Apr 29, 16 Last 3 Years 11.36 15.08 16.55 13,815 15,248 15,838Apr 30, 14 Last 5 Years 9.56 16.36 13.28 15,792 21,339 18,664Jan 01, 13 Since Inception 8.96 14.55 13.06 17,214 23,629 21,742
# nIFTY Large Midcap 250 (Total Returns Index) ## S&P BSE SEnSEx (Total Returns Index). The Scheme, formerly a large cap fund, has undergone change in Fundamental attributes w.e.f. May 23, 2018 and become a Large and Mid-cap Fund. Accordingly, the Scheme’s benchmark has also changed. Hence, the past performance of the Scheme may not strictly be comparable with that of the new benchmark.
HDFC TAXSAvER NAv as on Apr 30, 2019 ` 549.560
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 18 Last 1 Year 2.59 2.98 10.84 10,259 10,298 11,084Apr 29, 16 Last 3 Years 14.37 15.03 15.91 14,964 15,225 15,580Apr 30, 14 Last 5 Years 13.89 14.27 13.32 19,169 19,489 18,693Jan 01, 13 Since Inception 13.51 13.02 12.71 22,302 21,698 21,329
# nIFTY 500 (Total Returns Index) ## nIFTY 50 (Total Returns Index).
CHIRAG SETALvAD
HDFC MID-CAP OPPORTUNITIES FUND NAv as on Apr 30, 2019 ` 57.569
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 18 Last 1 Year -8.65 -12.72 10.84 9,135 8,728 11,084Apr 29, 16 Last 3 Years 14.61 11.13 15.91 15,059 13,730 15,580Apr 30, 14 Last 5 Years 19.44 16.12 13.32 24,324 21,123 18,693Jan 01, 13 Since Inception 19.34 13.25 12.71 30,623 21,975 21,329
# nIFTY Midcap 100 (Total Returns Index) ## nIFTY 50 (Total Returns Index).
HDFC SMALL CAP FUND NAv as on Apr 30, 2019 ` 46.139
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 18 Last 1 Year -8.96 -22.14 10.84 9,104 7,786 11,084Apr 29, 16 Last 3 Years 19.92 8.47 15.91 17,254 12,764 15,580Apr 30, 14 Last 5 Years 20.37 11.55 13.32 25,286 17,276 18,693Jan 01, 13 Since Inception 18.32 10.10 12.71 29,002 18,385 21,329
# nIFTY Smallcap 100 (Total Returns Index) ## nIFTY 50 (Total Returns Index).
HDFC HyBRID EQUITy FUND NAv as on Apr 30, 2019 ` 56.087
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested Scheme
(`)Benchmark
(`)#Additional
Benchmark (`)##
Apr 30, 18 Last 1 Year 3.62 9.92 10.84 10,362 10,992 11,084Apr 29, 16 Last 3 Years 13.79 12.89 15.91 14,737 14,391 15,580Apr 30, 14 Last 5 Years 16.20 11.83 13.32 21,197 17,497 18,693Jan 01, 13 Since Inception 15.89 11.21 12.71 25,434 19,590 21,329
# nIFTY 50 Hybrid Composite Debt 65:35 Index ## nIFTY 50 (Total Returns Index). Refer to note on performance disclosure on Page no. 16.
HDFC CHILDREN’S GIFT FUND NAv as on Apr 30, 2019 ` 127.008
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 18 Last 1 Year 3.46 9.92 10.84 10,346 10,992 11,084Apr 29, 16 Last 3 Years 14.20 12.89 15.91 14,898 14,391 15,580Apr 30, 14 Last 5 Years 15.10 11.83 13.32 20,211 17,497 18,693Jan 01, 13 Since Inception 15.56 11.21 12.71 24,976 19,590 21,329
# nIFTY 50 Hybrid Composite Debt 65:35 Index ## nIFTY 50 (Total Returns Index). Scheme performance may not strictly be comparable with that of its Additional Benchmark in view of balanced nature of the scheme where a portion of scheme’s investments are made in debt instruments.
HDFC LONG TERM ADvANTAGE FUND NAv as on Apr 30, 2019 ` 377.166
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 18 Last 1 Year 6.11 12.40 10.84 10,611 11,240 11,084Apr 29, 16 Last 3 Years 16.66 16.55 15.91 15,882 15,838 15,580Apr 30, 14 Last 5 Years 15.71 13.28 13.32 20,747 18,664 18,693Jan 01, 13 Since Inception 15.91 13.06 12.71 25,454 21,742 21,329
# S&P BSE SEnSEx (Total Returns Index) ## nIFTY 50 (Total Returns Index).
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. n.A.: not Available
April 2019 59
SCHEME PERFORMANCE - DIRECT PLAN - GROWTH OPTION (FUND MANAGER-WISE)
SRINIvAS RAO RAvURI
HDFC EOF - II - 1126D MAy 2017 (1) NAv as on Apr 30, 2019 ` 10.9710
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 18 Last 1 Year 4.27 10.84 12.40 10,427 11,084 11,240Jun 15, 17 Since Inception 5.07 12.93 14.24 10,971 12,560 12,834
# nIFTY 50 (Total Returns Index) ## S&P BSE SEnSEx (Total Returns Index). The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Srinivas Rao Ravuri since inception.
HDFC EOF - II - 1100D JUNE 2017 (1) NAv as on Apr 30, 2019 ` 10.5660
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 18 Last 1 Year 6.51 10.84 12.40 10,651 11,084 11,240Jul 17, 17 Since Inception 3.13 11.22 12.73 10,566 12,093 12,386
# nIFTY 50 (Total Returns Index) ## S&P BSE SEnSEx (Total Returns Index). The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Srinivas Rao Ravuri since inception.
HDFC INFRASTRUCTURE FUND NAv as on Apr 30, 2019 ` 17.425
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 18 Last 1 Year -15.72 2.98 10.84 8,428 10,298 11,084Apr 29, 16 Last 3 Years 5.83 15.03 15.91 11,855 15,225 15,580Apr 30, 14 Last 5 Years 9.19 14.27 13.32 15,525 19,489 18,693Jan 01, 13 Since Inception 7.31 13.02 12.71 15,625 21,698 21,329
# nIFTY 500 (Total Returns Index) ## nIFTY 50 (Total Returns Index).
HDFC HOF - I - 1140D NOvEMBER 2017 (1) NAv as on Apr 30, 2019 ` 9.6940
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 18 Last 1 Year -2.90 1.71 10.84 9,710 10,171 11,084Dec 06, 17 Since Inception -2.20 5.69 13.23 9,694 10,804 11,896
# India Housing & Allied Businesses Index ## nIFTY 50 (Total Returns Index). The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Srinivas Rao Ravuri since inception.
SHOBHIT MEHROTRA
HDFC INCOME FUND NAv as on Apr 30, 2019 ` 42.1134
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 6.73 8.06 8.98 10,673 10,806 10,898Apr 29, 16 Last 3 Years 6.17 7.25 5.77 11,970 12,338 11,834Apr 30, 14 Last 5 Years 8.47 8.87 7.95 15,021 15,301 14,665Jan 01, 13 Since Inception 7.61 8.15 6.53 15,909 16,422 14,926
# CRISIL Composite Bond Fund Index ## CRISIL 10 year Gilt Index.
HDFC MEDIUM TERM DEBT FUND NAv as on Apr 30, 2019 ` 38.2679
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.77 8.03 7.32 10,777 10,803 10,732Apr 29, 16 Last 3 Years 7.96 7.41 6.70 12,587 12,395 12,148Apr 30, 14 Last 5 Years 8.71 8.21 7.34 15,183 14,840 14,253Jan 01, 13 Since Inception 8.62 8.32 7.14 16,874 16,580 15,468
# CRISIL Short Term Bond Fund Index ## CRISIL 1 year T-Bill Index.
HDFC FLOATING RATE DEBT FUND NAv as on Apr 30, 2019 ` 32.8596
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.97 7.62 7.32 10,797 10,762 10,732Apr 29, 16 Last 3 Years 7.72 7.18 6.70 12,501 12,315 12,148Apr 30, 14 Last 5 Years 8.28 7.68 7.34 14,886 14,483 14,253Jan 01, 13 Since Inception 8.48 8.00 7.14 16,739 16,272 15,468
# CRISIL Liquid Fund Index ## CRISIL 1 year T-Bill Index.
HDFC CREDIT RISK DEBT FUND NAv as on Apr 30, 2019 ` 15.9378
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.26 8.03 8.98 10,726 10,803 10,898Apr 29, 16 Last 3 Years 8.10 7.41 5.77 12,634 12,395 11,834Apr 30, 14 Last 5 Years 9.50 8.21 7.95 15,745 14,840 14,665Mar 25, 14 Since Inception 9.57 8.24 7.92 15,938 14,977 14,751
# CRISIL Short Term Bond Fund Index ## CRISIL 10 year Gilt Index. Refer to note on performance disclosure on Page no. 38.
HDFC FMP 3360D MARCH 2014 (1) NAv as on Apr 30, 2019 ` 14.1775
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 9.48 8.06 8.98 10,948 10,806 10,898Apr 29, 16 Last 3 Years 8.01 7.25 5.77 12,605 12,338 11,834Apr 30, 14 Last 5 Years 7.46 8.87 7.95 14,332 15,301 14,665Mar 26, 14 Since Inception 7.09 8.94 7.91 14,178 15,477 14,744
# CRISIL Composite Bond Fund Index ## CRISIL 10 year Gilt Index. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1168D FEBRUARy 2016 (1) NAv as on Apr 30, 2019 ` 13.4277
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.98 8.06 7.32 10,798 10,806 10,732Apr 29, 16 Last 3 Years 9.37 7.25 6.70 13,086 12,338 12,148Feb 03, 16 Since Inception 9.53 7.76 6.79 13,428 12,737 12,371
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 5 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1213D MARCH 2017 (1) NAv as on Apr 30, 2019 ` 11.7239
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.69 8.06 7.32 10,769 10,806 10,732Mar 23, 17 Since Inception 7.85 5.93 6.54 11,724 11,288 11,426
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1188D MARCH 2017 (1) NAv as on Apr 30, 2019 ` 11.6764
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.45 8.06 7.32 10,745 10,806 10,732Mar 30, 17 Since Inception 7.72 5.69 6.56 11,676 11,223 11,416
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. n.A.: not Available
Performance of close-ended schemes, being close-ended in nature, is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended schemes is primarily buy-and-hold whereas open-ended schemes are actively managed.
60 April 2019
SCHEME PERFORMANCE - DIRECT PLAN - GROWTH OPTION (FUND MANAGER-WISE)
HDFC FMP 1172D APRIL 2017 (1) NAv as on Apr 30, 2019 ` 11.5181
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 8.05 8.06 7.32 10,805 10,806 10,732Apr 11, 17 Since Inception 7.13 5.84 6.59 11,518 11,236 11,400
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1165D APRIL 2017 (1) NAv as on Apr 30, 2019 ` 11.5060
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 8.04 8.06 7.32 10,804 10,806 10,732Apr 18, 17 Since Inception 7.14 5.74 6.67 11,506 11,202 11,402
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1166D MAy 2017 (1) NAv as on Apr 30, 2019 ` 11.5562
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.79 8.06 7.32 10,779 10,806 10,732May 09, 17 Since Inception 7.60 5.85 6.75 11,556 11,189 11,377
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1430D JULy 2017 (1) NAv as on Apr 30, 2019 ` 11.1352
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 8.48 8.06 7.32 10,848 10,806 10,732Aug 01, 17 Since Inception 6.35 4.48 6.77 11,135 10,796 11,211
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
KRISHAN KUMAR DAGA
HDFC ARBITRAGE FUND - WHOLESALE PLAN NAv as on Apr 30, 2019 ` 14.070
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 18 Last 1 Year 6.47 5.87 10.84 10,647 10,587 11,084Apr 29, 16 Last 3 Years 6.46 5.32 15.91 12,068 11,683 15,580Apr 30, 14 Last 5 Years 6.89 6.24 13.32 13,954 13,539 18,693Apr 07, 14 Since Inception 6.97 6.34 13.15 14,070 13,652 18,697
# nIFTY 50 Arbitrage Index ## nIFTY 50 (Total Returns Index). The Scheme is in existence for more than 1 year but less than 5 years. Scheme performance is not strictly comparable with that of its Additional Benchmark since the scheme does not take directional call in equity markets but is limited to availing arbitrage opportunities, etc.
HDFC INDEX FUND - SENSEX PLAN NAv as on Apr 30, 2019 ` 349.1093
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 18 Last 1 Year 12.03 12.40 10.84 11,203 11,240 11,084Apr 29, 16 Last 3 Years 16.23 16.55 15.91 15,708 15,838 15,580Apr 30, 14 Last 5 Years 12.97 13.28 13.32 18,409 18,664 18,693Jan 01, 13 Since Inception 12.72 13.06 12.71 21,335 21,742 21,329
# S&P BSE SEnSEx (Total Returns Index) ## nIFTY 50 (Total Returns Index). Refer to note on performance disclosure on Page no. 23.
HDFC INDEX FUND - NIFTy 50 PLAN NAv as on Apr 30, 2019 ` 107.6947
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 18 Last 1 Year 10.56 10.84 12.40 11,056 11,084 11,240Apr 29, 16 Last 3 Years 15.55 15.91 16.55 15,432 15,580 15,838Apr 30, 14 Last 5 Years 13.06 13.32 13.28 18,479 18,693 18,664Jan 01, 13 Since Inception 12.40 12.71 13.06 20,961 21,329 21,742
# nIFTY 50 (Total Returns Index) ## S&P BSE SEnSEx (Total Returns Index).
HDFC GOLD FUND NAv as on Apr 30, 2019 ` 10.5669
Date Period Scheme Returns (%)
Benchmark Returns
(%)#
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Apr 30, 18 Last 1 Year 1.73 2.25 10,173 10,225Apr 29, 16 Last 3 Years 1.05 1.93 10,319 10,592Apr 30, 14 Last 5 Years 0.17 2.78 10,086 11,471Jan 01, 13 Since Inception -0.72 0.66 9,555 10,425
# Domestic Price of Physical Gold. The scheme is managed by Mr. Krishan Kumar Daga since October 19, 2015.
HDFC CHARITy FUND FOR CANCER CURE - ARBITRAGE PLAN^
NAv as on Apr 30, 2019 ` 10.094
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 18 Last 1 Year 6.22 5.87 10.84 10,622 10,587 11,084Mar 27, 17 Since Inception 6.40 5.08 14.77 11,387 11,094 13,342
# nIFTY 50 Arbitrage Index ## nIFTY 50 Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Krishan Kumar Daga since inception. ^Scheme offers Dividend option only. Returns of HDFC Charity Fund for Cancer Cure - Arbitrage Plan - Direct Plan are computed based on nAV of Dividend Option and all dividends (after statutory levy) are assumed to be reinvested in the units of the scheme at the then prevailing nAV (ex-dividend nAV).
ANUPAM JOSHI
HDFC LIQUID FUND NAv as on Apr 30, 2019 ` 3,699.6767
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 23, 19 Last 7 days 6.94 5.61 2.24 10,013 10,011 10,004Apr 15, 19 Last 15 days 7.03 6.18 3.60 10,029 10,025 10,015Mar 31, 19 Last 1 Month 7.08 6.40 4.68 10,058 10,053 10,038Apr 27, 18 Last 1 Year 7.45 7.62 7.32 10,745 10,762 10,732Apr 29, 16 Last 3 Years 7.11 7.18 6.70 12,291 12,315 12,148Apr 30, 14 Last 5 Years 7.70 7.68 7.34 14,495 14,483 14,253Dec 31, 12 Since Inception 8.06 8.00 7.14 16,333 16,275 15,475
Returns less than 1 year period are simple annualized. # CRISIL Liquid Fund Index ## CRISIL 1 year T-Bill Index.
HDFC CORPORATE BOND FUND NAv as on Apr 30, 2019 ` 20.9553
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 8.31 8.06 8.98 10,831 10,806 10,898Apr 29, 16 Last 3 Years 7.91 7.25 5.77 12,568 12,338 11,834Apr 30, 14 Last 5 Years 8.66 8.87 7.95 15,149 15,301 14,665Jan 01, 13 Since Inception 8.57 8.15 6.53 16,831 16,422 14,926
# CRISIL Composite Bond Fund Index ## CRISIL 10 year Gilt Index. Refer to note on performance disclosure on Page no. 37.
SHOBHIT MEHROTRA....CONTINUED
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. n.A.: not Available
Performance of close-ended schemes, being close-ended in nature, is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended schemes is primarily buy-and-hold whereas open-ended schemes are actively managed.
April 2019 61
SCHEME PERFORMANCE - DIRECT PLAN - GROWTH OPTION (FUND MANAGER-WISE)
HDFC LOW DURATION FUND NAv as on Apr 30, 2019 ` 41.0407
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.94 7.62 7.32 10,794 10,762 10,732Apr 29, 16 Last 3 Years 7.82 7.18 6.70 12,536 12,315 12,148Apr 30, 14 Last 5 Years 8.21 7.68 7.34 14,842 14,483 14,253Jan 01, 13 Since Inception 8.39 8.00 7.14 16,647 16,272 15,468
# CRISIL Liquid Fund Index ## CRISIL 1 year T-Bill Index.
HDFC FMP 1190D MARCH 2016 (1) NAv as on Apr 30, 2019 ` 13.4654
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 9.09 8.06 7.32 10,909 10,806 10,732Apr 29, 16 Last 3 Years 9.99 7.25 6.70 13,308 12,338 12,148Mar 23, 16 Since Inception 10.06 7.47 6.76 13,465 12,507 12,251
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 5 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1127D MAy 2016 (1) NAv as on Apr 30, 2019 ` 12.8749
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.45 8.06 7.32 10,745 10,806 10,732May 31, 16 Since Inception 9.06 7.28 6.72 12,875 12,275 12,087
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1153D APRIL 2016 (1) NAv as on Apr 30, 2019 ` 12.9507
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.32 8.06 7.32 10,732 10,806 10,732May 05, 16 Since Inception 9.04 7.26 6.70 12,951 12,327 12,138
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1113D JUNE 2016 (1) NAv as on Apr 30, 2019 ` 12.4721
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.78 8.06 7.32 10,778 10,806 10,732Jun 08, 16 Since Inception 7.93 7.29 6.71 12,472 12,259 12,066
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1127D JUNE 2016 (1) NAv as on Apr 30, 2019 ` 12.4485
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.95 8.06 7.32 10,795 10,806 10,732Jun 21, 16 Since Inception 7.97 7.30 6.70 12,449 12,231 12,037
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1128D JUNE 2016 (1) NAv as on Apr 30, 2019 ` 12.8293
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.95 8.06 7.32 10,795 10,806 10,732Jun 29, 16 Since Inception 9.18 7.17 6.69 12,829 12,170 12,015
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1112D JUNE 2016 (1) NAv as on Apr 30, 2019 ` 12.3571
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.55 8.06 7.32 10,755 10,806 10,732Jul 07, 16 Since Inception 7.81 7.00 6.67 12,357 12,099 11,993
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1161D JULy 2016 (1) NAv as on Apr 30, 2019 ` 12.6941
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 8.40 8.06 7.32 10,840 10,806 10,732Jul 27, 16 Since Inception 9.03 6.64 6.64 12,694 11,941 11,942
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1136D JUNE 2017 (1) NAv as on Apr 30, 2019 ` 11.4059
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.46 8.06 7.32 10,746 10,806 10,732Jun 08, 17 Since Inception 7.20 4.84 6.74 11,406 10,937 11,315
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1158D FEBRUARy 2018 (1) NAv as on Apr 30, 2019 ` 10.9185
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 8.36 8.06 7.32 10,836 10,806 10,732Feb 27, 18 Since Inception 7.80 7.52 7.35 10,919 10,886 10,865
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1150D MARCH 2018 (1) NAv as on Apr 30, 2019 ` 10.8891
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 8.35 8.06 7.32 10,835 10,806 10,732Mar 07, 18 Since Inception 7.70 7.54 7.37 10,889 10,871 10,851
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1208D MARCH 2018 (1) NAv as on Apr 30, 2019 ` 10.7277
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 6.99 8.06 7.32 10,699 10,806 10,732Mar 16, 18 Since Inception 6.45 7.01 7.28 10,728 10,791 10,821
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. n.A.: not Available
Performance of close-ended schemes, being close-ended in nature, is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended schemes is primarily buy-and-hold whereas open-ended schemes are actively managed.
ANUPAM JOSHI....CONTINUED
62 April 2019
SCHEME PERFORMANCE - DIRECT PLAN - GROWTH OPTION (FUND MANAGER-WISE)
ANUPAM JOSHI....CONTINUED
HDFC FMP 1143D MARCH 2018 (1) NAv as on Apr 30, 2019 ` 10.8456
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 8.35 8.06 7.32 10,835 10,806 10,732Mar 13, 18 Since Inception 7.44 7.36 7.31 10,846 10,837 10,831
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1147D MARCH 2018 (1) NAv as on Apr 30, 2019 ` 10.8136
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 8.38 8.06 7.32 10,838 10,806 10,732Mar 22, 18 Since Inception 7.32 7.03 7.29 10,814 10,781 10,810
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1145D MARCH 2018 (1) NAv as on Apr 30, 2019 ` 10.8059
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 8.35 8.06 7.32 10,835 10,806 10,732Mar 23, 18 Since Inception 7.27 6.96 7.30 10,806 10,771 10,808
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1177D MARCH 2018 (1) NAv as on Apr 30, 2019 ` 10.7233
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.43 8.06 7.32 10,743 10,806 10,732Mar 28, 18 Since Inception 6.61 6.19 7.15 10,723 10,676 10,783
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
HDFC FMP 1183D APRIL 2018 (1) NAv as on Apr 30, 2019 ` 10.7455
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 8.50 8.06 7.32 10,850 10,806 10,732Apr 17, 18 Since Inception 7.19 6.53 7.22 10,746 10,677 10,749
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
ANIL BAMBOLI
HDFC DyNAMIC DEBT FUND NAv as on Apr 30, 2019 ` 61.8962
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 2.18 8.06 8.98 10,218 10,806 10,898Apr 29, 16 Last 3 Years 5.29 7.25 5.77 11,674 12,338 11,834Apr 30, 14 Last 5 Years 8.00 8.87 7.95 14,697 15,301 14,665Jan 01, 13 Since Inception 7.80 8.15 6.53 16,089 16,422 14,926
# CRISIL Composite Bond Fund Index ## CRISIL 10 year Gilt Index.
HDFC SHORT TERM DEBT FUND NAv as on Apr 30, 2019 ` 20.8718
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.90 8.03 7.32 10,790 10,803 10,732Apr 29, 16 Last 3 Years 7.64 7.41 6.70 12,474 12,395 12,148Apr 30, 14 Last 5 Years 8.41 8.21 7.34 14,975 14,840 14,253Jan 01, 13 Since Inception 8.51 8.32 7.14 16,768 16,580 15,468
# CRISIL Short Term Bond Fund Index ## CRISIL 1 year T-Bill Index.
HDFC GILT FUND NAv as on Apr 30, 2019 ` 38.1725
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.86 9.34 8.98 10,786 10,934 10,898Apr 29, 16 Last 3 Years 7.15 6.97 5.77 12,304 12,242 11,834Apr 30, 14 Last 5 Years 9.69 8.99 7.95 15,885 15,386 14,665Jan 01, 13 Since Inception 8.35 7.77 6.53 16,612 16,054 14,926
# CRISIL Dynamic Gilt Index ## CRISIL 10 year Gilt Index.
HDFC BANKING AND PSU DEBT FUND NAv as on Apr 30, 2019 ` 15.2510
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 8.23 8.03 7.32 10,823 10,803 10,732Apr 29, 16 Last 3 Years 7.92 7.41 6.70 12,571 12,395 12,148Apr 30, 14 Last 5 Years 8.59 8.21 7.34 15,101 14,840 14,253Mar 26, 14 Since Inception 8.63 8.24 7.34 15,251 14,976 14,351
# CRISIL Short Term Bond Fund Index ## CRISIL 1 year T-Bill Index.
HDFC MONEy MARKET FUND NAv as on Apr 30, 2019 ` 3935.0437
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.95 7.62 7.32 10,795 10,762 10,732Apr 29, 16 Last 3 Years 7.29 7.18 6.70 12,354 12,315 12,148Apr 30, 14 Last 5 Years 7.81 7.68 7.34 14,569 14,483 14,253Dec 31, 12 Since Inception 8.13 8.00 7.14 16,401 16,275 15,475
# CRISIL Liquid Fund Index ## CRISIL 1 year T-Bill Index.
HDFC OvERNIGHT FUND NAv as on Apr 30, 2019 ` 2,836.0622
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 23, 19 Last 7 days 5.92 6.02 2.24 10,011 10,012 10,004Apr 15, 19 Last 15 days 5.92 6.02 3.60 10,024 10,025 10,015Mar 31, 19 Last 1 Month 5.90 6.02 4.68 10,048 10,049 10,038Apr 27, 18 Last 1 Year 6.29 6.32 7.32 10,629 10,632 10,732Apr 29, 16 Last 3 Years 6.14 6.16 6.70 11,959 11,967 12,148Apr 30, 14 Last 5 Years 6.70 6.77 7.34 13,831 13,877 14,253Dec 31, 12 Since Inception 7.03 7.11 7.14 15,376 15,449 15,475
Returns less than 1 year period are simple annualized. # CRISIL Overnight Index ## CRISIL 1 year T-Bill Index.
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. n.A.: not Available
Performance of close-ended schemes, being close-ended in nature, is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended schemes is primarily buy-and-hold whereas open-ended schemes are actively managed.
April 2019 63
SCHEME PERFORMANCE - DIRECT PLAN - GROWTH OPTION (FUND MANAGER-WISE)
HDFC CHARITy FUND FOR CANCER CURE - DEBT PLAN^
NAv as on Apr 30, 2019 ` 10.0818
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.54 8.03 7.32 10,754 10,803 10,732Mar 27, 17 Since Inception 7.14 6.72 6.55 11,554 11,458 11,420
# CRISIL Short Term Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception. ^ Scheme offers Dividend option only. Returns of HDFC Charity Fund for Cancer Cure - Debt Plan - Direct Plan are computed based on nAV of Dividend Option and all dividends (after statutory levy) are assumed to be reinvested in the units of the scheme at the then prevailing nAV (ex-dividend nAV).
HDFC FMP 1846D AUGUST 2013 (1) NAv as on Apr 30, 2019 ` 16.2201
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 6.93 8.06 7.32 10,693 10,806 10,732Apr 29, 16 Last 3 Years 7.19 7.25 6.70 12,318 12,338 12,148Apr 30, 14 Last 5 Years 8.31 8.87 7.34 14,911 15,301 14,253Aug 14, 13 Since Inception 8.84 9.08 7.52 16,220 16,425 15,129
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1111D SEPTEMBER 2016 (1) NAv as on Apr 30, 2019 ` 12.4854
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 8.21 8.06 7.32 10,821 10,806 10,732Sep 15, 16 Since Inception 8.83 6.12 6.61 12,485 11,684 11,829
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1175D JANUARy 2014 (1) NAv as on Apr 30, 2019 ` 16.0512
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 8.27 8.06 7.32 10,827 10,806 10,732Apr 29, 16 Last 3 Years 7.68 7.25 6.70 12,487 12,338 12,148Apr 30, 14 Last 5 Years 9.34 8.87 7.34 15,635 15,301 14,253Feb 05, 14 Since Inception 9.46 8.97 7.40 16,051 15,677 14,526
# CRISIL Short Composite Fund Index ## CRISIL 1 year T-Bill Index. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 370D MARCH 2014 (1) NAv as on Apr 30, 2019 ` 14.9749
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 8.11 8.03 7.32 10,811 10,803 10,732Apr 29, 16 Last 3 Years 7.36 7.41 6.70 12,375 12,395 12,148Apr 30, 14 Last 5 Years 8.01 8.21 7.34 14,701 14,840 14,253Mar 05, 14 Since Inception 8.15 8.32 7.38 14,975 15,099 14,439
# CRISIL Short Term Bond Fund Index ## CRISIL 1 year T-Bill Index. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 793D FEBRUARy 2014 (1) NAv as on Apr 30, 2019 ` 15.3896
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 8.14 8.03 7.32 10,814 10,803 10,732Apr 29, 16 Last 3 Years 7.30 7.41 6.70 12,358 12,395 12,148Apr 30, 14 Last 5 Years 8.64 8.21 7.34 15,139 14,840 14,253Feb 26, 14 Since Inception 8.69 8.33 7.38 15,390 15,132 14,457
# CRISIL Short Term Bond Fund Index ## CRISIL 1 year T-Bill Index. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1309D SEPTEMBER 2016 (1) NAv as on Apr 30, 2019 ` 12.3897
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.60 8.06 7.32 10,760 10,806 10,732Sep 20, 16 Since Inception 8.56 6.12 6.61 12,390 11,676 11,817
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1302D SEPTEMBER 2016 (1) NAv as on Apr 30, 2019 ` 12.3459
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.51 8.06 7.32 10,751 10,806 10,732Sep 28, 16 Since Inception 8.49 5.82 6.59 12,346 11,576 11,795
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1218D DECEMBER 2016 (1) NAv as on Apr 30, 2019 ` 11.9186
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 8.31 8.06 7.32 10,831 10,806 10,732Jan 12, 17 Since Inception 7.94 4.99 6.51 11,919 11,184 11,558
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1199D JANUARy 2017 (1) NAv as on Apr 30, 2019 ` 11.8000
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.82 8.06 7.32 10,782 10,806 10,732Jan 31, 17 Since Inception 7.66 5.06 6.54 11,800 11,170 11,526
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1150D FEBRUARy 2017 (1) NAv as on Apr 30, 2019 ` 11.6208
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 8.21 8.06 7.32 10,821 10,806 10,732Feb 22, 17 Since Inception 7.12 6.17 6.57 11,621 11,396 11,492
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1155D FEBRUARy 2017 (1) NAv as on Apr 30, 2019 ` 11.5962
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 8.00 8.06 7.32 10,800 10,806 10,732Feb 16, 17 Since Inception 6.96 5.95 6.59 11,596 11,357 11,507
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1178D FEBRUARy 2017 (1) NAv as on Apr 30, 2019 ` 11.8574
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.97 8.06 7.32 10,797 10,806 10,732Feb 22, 17 Since Inception 8.11 6.17 6.57 11,857 11,396 11,492
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. n.A.: not Available
ANIL BAMBOLI....CONTINUED
Performance of close-ended schemes, being close-ended in nature, is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended schemes is primarily buy-and-hold whereas open-ended schemes are actively managed.
64 April 2019
SCHEME PERFORMANCE - DIRECT PLAN - GROWTH OPTION (FUND MANAGER-WISE)
HDFC FMP 1169D FEBRUARy 2017 (1) NAv as on Apr 30, 2019 ` 11.5990
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.96 8.06 7.32 10,796 10,806 10,732Feb 03, 17 Since Inception 6.86 5.01 6.52 11,599 11,154 11,516
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1170D FEBRUARy 2017 (1) NAv as on Apr 30, 2019 ` 11.7970
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.69 8.06 7.32 10,769 10,806 10,732Mar 01, 17 Since Inception 7.93 6.19 6.58 11,797 11,389 11,480
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1181D APRIL 2018 (1) NAv as on Apr 30, 2019 ` 10.8604
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 8.53 8.06 7.32 10,853 10,806 10,732Apr 27, 18 Since Inception 8.53 8.06 7.32 10,860 10,813 10,738
# CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
MITEN LATHIA
HDFC CAPITAL BUILDER vALUE FUND NAv as on Apr 30, 2019 ` 313.164
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 18 Last 1 Year 0.12 2.98 10.84 10,012 10,298 11,084Apr 29, 16 Last 3 Years 15.77 15.03 15.91 15,523 15,225 15,580Apr 30, 14 Last 5 Years 16.78 14.27 13.32 21,728 19,489 18,693Jan 01, 13 Since Inception 16.72 13.02 12.71 26,602 21,698 21,329
# nIFTY 500 (Total Returns Index) ## nIFTY 50 (Total Returns Index).
CO-MANAGED By PRASHANT JAIN & SHOBHIT MEHROTRA
HDFC HyBRID DEBT FUND NAv as on Apr 30, 2019 ` 46.9638
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 5.67 8.34 8.98 10,567 10,834 10,898Apr 29, 16 Last 3 Years 8.68 8.34 5.77 12,838 12,718 11,834Apr 30, 14 Last 5 Years 10.08 9.35 7.95 16,166 15,636 14,665Jan 01, 13 Since Inception 9.48 8.71 6.53 17,739 16,969 14,926
# nIFTY 50 Hybrid Composite Debt 15:85 Index ## CRISIL 10 year Gilt Index. Refer to note on performance disclosure on Page no. 34.
CO-MANAGED By ANIL BAMBOLI & MITEN LATHIA
HDFC DyNAMIC PE RATIO FUND OF FUNDS NAv as on Apr 30, 2019 ` 19.707
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 18 Last 1 Year 5.17 9.92 10.84 10,517 10,992 11,084Apr 29, 16 Last 3 Years 12.72 12.89 15.91 14,328 14,391 15,580Apr 30, 14 Last 5 Years 10.75 11.83 13.32 16,664 17,497 18,693Jan 01, 13 Since Inception 9.84 11.21 12.71 18,111 19,590 21,329
# nIFTY 50 Hybrid Composite Debt 65:35 Index ## nIFTY 50 (Total Returns Index). Scheme performance may not strictly be comparable with that of its Additional Benchmark in view of hybrid nature of the scheme where a portion of scheme’s investments are made in equity instruments. The scheme is managed by Mr. Anil Bamboli & Miten Lathia since June 28, 2014.
CO-MANAGED By CHIRAG SETALvAD, ANIL BAMBOLI & KRISHAN KUMAR DAGA
HDFC MULTI - ASSET FUND NAv as on Apr 30, 2019 ` 33.3350
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 2.84 9.44 11.23 10,284 10,944 11,123Apr 29, 16 Last 3 Years 7.80 11.84 15.91 12,529 13,992 15,580Apr 30, 14 Last 5 Years 8.97 11.01 13.32 15,367 16,863 18,693Jan 01, 13 Since Inception 9.15 10.26 12.71 17,408 18,555 21,329
# 90% nIFTY 50 Hybrid Composite Debt 65:35 Index + 10% Domestic Price of Gold ## nIFTY 50 (Total Returns Index). The Scheme formerly, a debt oriented hybrid fund, has undergone change in Fundamental attributes w.e.f. May 23, 2018 and become a multi asset fund investing in equities, debt and gold. Accordingly, the Scheme’s benchmark and additional benchmarks have also changed. Hence, the past performance of the Scheme since inception till May 22, 2018 may not strictly be comparable with those of the new benchmark and the additional benchmark. Scheme performance may not strictly be comparable with that of its Additional Benchmark in view of hybrid nature of the scheme where a portion of scheme’s investments are made in debt instruments and gold.
CO-MANAGED By vINAy KULKARNI, KRISHAN KUMAR DAGA & ANIL BAMBOLI
HDFC EQUITy SAvINGS FUND NAv as on Apr 30, 2019 ` 39.1060
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 18 Last 1 Year 6.59 8.16 10.84 10,659 10,816 11,084Apr 29, 16 Last 3 Years 12.67 9.18 15.91 14,308 13,019 15,580Apr 30, 14 Last 5 Years 10.77 9.12 13.32 16,685 15,473 18,693Jan 01, 13 Since Inception 10.28 9.19 12.71 18,576 17,445 21,329
# 40% nIFTY 50 Arbitrage Index, 30% CRISIL Short Term Bond Fund Index and 30% nIFTY 50 (Total Returns Index) ## nIFTY 50 (Total Returns Index). Scheme performance may not strictly be comparable with that of its Additional Benchmark, since a portion of scheme’s investments are made in equity instruments.
CO-MANAGED By KRISHAN KUMAR DAGA & ANIL BAMBOLI
HDFC DAF - II - 1111D APRIL 2016 NAv as on Apr 30, 2019 ` 12.5028
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 6.76 8.87 7.32 10,676 10,887 10,732May 12, 16 Since Inception 7.82 9.57 6.71 12,503 13,114 12,126
# nIFTY 50 Hybrid Short Duration Debt 25:75 Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is co-managed by Mr. Krishan Kumar Daga & Anil Bamboli since inception.
ANIL BAMBOLI....CONTINUED
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. n.A.: not Available
Performance of close-ended schemes, being close-ended in nature, is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended schemes is primarily buy-and-hold whereas open-ended schemes are actively managed.
April 2019 65
SCHEME PERFORMANCE - DIRECT PLAN - GROWTH OPTION (FUND MANAGER-WISE)
HDFC DAF - III - 1304D AUGUST 2016 NAv as on Apr 30, 2019 ` 12.1184
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.78 9.42 7.32 10,778 10,942 10,732Sep 12, 16 Since Inception 7.58 9.70 6.60 12,118 12,758 11,831
# nIFTY 50 Hybrid Short Duration Debt 40:60 Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is co-managed by Mr. Krishan Kumar Daga & Anil Bamboli since inception.
HDFC DAF - III - 1267D OCTOBER 2016 NAv as on Apr 30, 2019 ` 11.9535
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 7.98 9.42 7.32 10,798 10,942 10,732Oct 25, 16 Since Inception 7.36 9.95 6.54 11,954 12,692 11,724
# nIFTY 50 Hybrid Short Duration Debt 40:60 Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is co-managed by Mr. Krishan Kumar Daga & Anil Bamboli since inception.
HDFC DAF - III - 1224D NOvEMBER 2016 NAv as on Apr 30, 2019 ` 11.8392
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 8.08 8.87 7.32 10,808 10,887 10,732Dec 07, 16 Since Inception 7.31 9.54 6.52 11,839 12,439 11,632
# nIFTY 50 Hybrid Short Duration Debt 25:75 Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is co-managed by Mr. Krishan Kumar Daga & Anil Bamboli since inception.
CO-MANAGED By CHIRAG SETALvAD & SHOBHIT MEHROTRA
HDFC RETIREMENT SAvINGS FUND - EQUITy PLAN
NAv as on Apr 30, 2019 ` 17.829
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 18 Last 1 Year -1.30 2.98 10.84 9,870 10,298 11,084Apr 29, 16 Last 3 Years 16.21 15.03 15.91 15,699 15,225 15,580Feb 25, 16 Since Inception 19.96 18.78 19.43 17,829 17,281 17,580
# nIFTY 500 (Total Returns Index) ## nIFTY 50 (Total Returns Index). The Scheme is in existence for more than 1 year but less than 5 years
HDFC RETIREMENTSAvINGS FUND - HyBRID EQUITy PLAN
NAv as on Apr 30, 2019 ` 17.617
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 30, 18 Last 1 Year 4.15 9.92 10.84 10,415 10,992 11,084Apr 29, 16 Last 3 Years 16.57 12.89 15.91 15,847 14,391 15,580Feb 25, 16 Since Inception 19.50 15.45 19.43 17,617 15,789 17,580
# nIFTY 50 Hybrid Composite Debt 65:35 Index ## nIFTY 50 (Total Returns Index). The Scheme is in existence for more than 1 year but less than 5 years
HDFC RETIREMENT SAvINGS FUND - HyBRID DEBT PLAN
NAv as on Apr 30, 2019 ` 13.6896
Date Period Scheme Returns
(%)
Benchmark Returns
(%)#
Additional Benchmark
Returns (%) ##
value of ` 10,000 invested
Scheme (`)
Benchmark (`)#
Additional Benchmark
(`)##
Apr 27, 18 Last 1 Year 4.43 8.34 8.98 10,443 10,834 10,898Apr 29, 16 Last 3 Years 9.49 8.34 5.77 13,130 12,718 11,834Feb 26, 16 Since Inception 10.40 9.53 6.65 13,690 13,351 12,268
# nIFTY 50 Hybrid Composite Debt 15:85 Index ## CRISIL 10 Year Gilt Index. The Scheme is in existence for more than 1 year but less than 5 years
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. n.A.: not Available
Performance of close-ended schemes, being close-ended in nature, is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended schemes is primarily buy-and-hold whereas open-ended schemes are actively managed.
Managing Portfolio Since
Returns (%) (As on April 30, 2019)
Last 1 year (%) Last 3 years (%) Last 5 years (%)
Category I - FPI Portfolio (managed under a bilateral agreement under Regulation 24(b) and subject to applicable laws)
March 22, 2016 14.04 16.61 n.A.
Benchmark- MSCI India (Total Returns) 7.68 13.47 n.A.Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualised (CAGR). The above returns are computed using the Time Weighted Rate of Return (TWRR) methodology, to make them more comparable with the mutual fund scheme's returns. Inception date is March 22, 2016. The performance is not comparable with the performance of the aforementioned scheme(s) of HDFC Mutual Fund due to differing investment objective/s and fundamental differences in asset allocation, investment strategy and the regulatory environment. The said disclosure is pursuant to SEBI Circular no. Cir/IMD/DF/7/2012 dated February 28, 2012 pertaining to Regulation 24(b) of SEBI (Mutual Funds) Regulations, 1996. FPI - Foreign Portfolio Investor.
PERFORMANCE OF CATEGORy I - FPI PORTFOLIO (MANAGED By PRASHANT JAIN)
KRISHAN KUMAR DAGA & ANIL BAMBOLI....CONTINUED
66 April 2019
DIvIDEND HISTORy ^
^ Past performance may or may not be sustained in the future. There is no assurance or guarantee to Unit holders as to rate/quantum of dividend distribution nor that the dividends will be paid regularly. After payment of the dividend, the per Unit nAV falls to the extent of the payout and statutory levy, if any. Please log on to www.hdfcfund.com for Record Date-wise listing of dividends declared.
HDFC Equity Fund (Past 3 years) Dividend Option
Record Date Regular Plan Direct Plan
Cum Div NAv (`)
Dividend per Unit (`) For Cum Div NAv (`)
Dividend per Unit (`) For
Individuals & HUF Others Individuals & HUF Others
Mar 23, 17 54.903 5.00 5.00 56.993 5.00 5.00Mar 22, 18 55.480 5.50 5.50 58.320 5.50 5.50Mar 20, 19 56.417 5.25 5.25 60.153 5.25 5.25
HDFC Top 100 Fund (Past 3 years) Dividend Option
Record Date Regular Plan Direct Plan
Cum Div NAv (`)
Dividend per Unit (`) For Cum Div NAv (`)
Dividend per Unit (`) For
Individuals & HUF Others Individuals & HUF Others
Mar 09, 17 52.759 4.50 4.50 54.388 4.50 4.50Mar 06, 18 54.454 6.00 6.00 56.705 6.00 6.00Mar 07, 19 52.212 5.50 5.50 55.052 5.50 5.50
HDFC Capital Builder value Fund (Past 3 years) Dividend Option
Record Date Regular Plan Direct Plan
Cum Div NAv (`)
Dividend per Unit (`) For Cum Div NAv (`)
Dividend per Unit (`) For
Individuals & HUF Others Individuals & HUF Others
Mar 01, 17 28.767 3.00 3.00 29.796 3.00 3.00Feb 22, 18 31.809 3.50 3.50 33.423 3.50 3.50Feb 21, 19 26.710 2.75 2.75 28.618 2.75 2.75
HDFC Focused 30 Fund (Past 3 years) Dividend Option
Record Date Regular Plan Direct Plan
Cum Div NAv (`)
Dividend per Unit (`) For Cum Div NAv (`)
Dividend per Unit (`) For
Individuals & HUF Others Individuals & HUF Others
Mar 01, 17 20.219 2.00 2.00 21.216 2.00 2.00Feb 22, 18 21.508 2.25 2.25 22.914 2.25 2.25Feb 21, 19 16.853 1.75 1.75 18.257 1.75 1.75
HDFC Arbitrage Fundnormal Dividend Option (Past 3 months)
Record Date Wholesale Plan Direct Plan
Cum Div NAv (`)
Dividend per Unit (`) For Cum Div NAv (`)
Dividend per Unit (`) For
Individuals & HUF Others Individuals & HUF Others
Feb 21, 19 10.420 0.050 0.050 10.785 0.050 0.050Mar 22, 19 10.417 0.050 0.050 10.789 0.050 0.050Apr 18, 19 10.412 0.050 0.050 10.790 0.050 0.050
Monthly Dividend Option (Past 3 months)
Record Date Wholesale Plan Wholesale Plan - Direct Plan
Cum Div NAv (`)
Dividend per Unit (`) For Cum Div NAv (`)
Dividend per Unit (`) For
Individuals & HUF Others Individuals & HUF Others
Feb 21, 19 10.836 0.050 0.050 10.508 0.050 0.050Mar 22, 19 10.835 0.050 0.050 10.510 0.050 0.050Apr 18, 19 10.832 0.050 0.050 10.510 0.050 0.050
HDFC Growth Opportunities Fund (Past 3 years) Dividend Option
Record Date Regular Plan Direct Plan
Cum Div NAv (`)
Dividend per Unit (`) For Cum Div NAv (`)
Dividend per Unit (`) For
Individuals & HUF Others Individuals & HUF Others
Feb 23, 17 22.342 2.25 2.25 24.880 2.25 2.25Mar 01, 18 22.901 2.25 2.25 25.854 2.25 2.25Feb 28, 19 19.807 2.00 2.00 22.663 2.00 2.00
HDFC Mid-Cap Opportunities Fund (Past 3 years) Dividend Option
Record Date Regular Plan Direct Plan
Cum Div NAv (`)
Dividend per Unit (`) For Cum Div NAv (`)
Dividend per Unit (`) For
Individuals & HUF Others Individuals & HUF Others
Mar 23, 17 31.806 2.25 2.25 36.789 2.25 2.25Mar 01, 18 34.912 3.00 3.00 41.189 3.00 3.00Feb 28, 19 28.574 2.50 2.50 34.574 2.50 2.50
HDFC Small Cap Fund (Past 3 years) Dividend Option
Record Date Regular Plan Direct Plan
Cum Div NAv (`)
Dividend per Unit (`) For Cum Div NAv (`)
Dividend per Unit (`) For
Individuals & HUF Others Individuals & HUF Others
Mar 01, 17 22.892 2.00 2.00 24.040 2.00 2.00Mar 22, 18 28.810 2.75 2.75 30.776 1.00 1.00Mar 27, 19 25.955 2.50 2.50 30.135 0.99 0.99
HDFC Hybrid Equity Fund (Past 3 quarters) Dividend Option
Record Date Regular Plan Direct Plan
Cum Div NAv (`)
Dividend per Unit (`) For Cum Div NAv (`)
Dividend per Unit (`) For
Individuals & HUF Others Individuals & HUF Others
Sep 25, 18 12.214 0.320 0.320 12.822 0.320 0.320 Dec 26, 18 11.943 0.320 0.320 12.587 0.320 0.320Mar 25, 19 12.108 0.320 0.320 12.807 0.320 0.320
HDFC Balanced Advantage Fund (Past 3 months) Dividend Option
Record Date Regular Plan Direct Plan
Cum Div NAv (`)
Dividend per Unit (`) For Cum Div NAv (`)
Dividend per Unit (`) For
Individuals & HUF Others Individuals & HUF Others
Feb 25, 19 27.865 0.310 0.310 29.368 0.310 0.310Mar 25, 19 29.399 0.310 0.310 31.024 0.310 0.310Apr 25, 19 29.177 0.310 0.310 30.824 0.310 0.310
HDFC TaxSaver (Past 3 years) Dividend Option(An open-ended equity linked savings scheme with a lock-in period of 3 years)
Record Date Regular Plan Direct Plan
Cum Div NAv (`)
Dividend per Unit (`) For Cum Div NAv (`)
Dividend per Unit (`) For
Individuals & HUF Others Individuals & HUF Others
Mar 16, 17 66.383 6.50 6.50 68.370 6.50 6.50Mar 15, 18 66.562 7.00 7.00 69.256 7.00 7.00Mar 14, 19 59.483 6.00 6.00 62.638 6.00 6.00
HDFC Infrastructure Fund (Past 3 years) Dividend Option
Record Date Regular Plan Direct Plan
Cum Div NAv (`)
Dividend per Unit (`) For Cum Div NAv (`)
Dividend per Unit (`) For
Individuals & HUF Others Individuals & HUF Others
Mar 23, 17 14.388 1.500 1.500 17.736 1.500 1.500Mar 15, 18 14.630 1.750 1.750 18.570 1.750 1.750Mar 27, 19 11.308 1.000 1.000 14.899 1.000 1.000
HDFC Hybrid Debt Fund Monthly Dividend Option (Past 3 months)
Record Date Regular Plan Direct Plan
Cum Div NAv (`)
Dividend per Unit (`) For Cum Div NAv (`)
Dividend per Unit (`) For
Individuals & HUF Others Individuals & HUF Others
Feb 25, 19 12.9356 0.0800 0.0741 13.4857 0.0800 0.0741Mar 25, 19 13.1884 0.0800 0.0741 13.7585 0.0800 0.0741Apr 25, 19 13.0583 0.0800 0.0741 13.6317 0.0800 0.0741
Quarterly Dividend Option (Past 3 quarters)
Record Date Regular Plan Direct Plan
Cum Div NAv (`)
Dividend per Unit (`) For Cum Div NAv (`)
Dividend per Unit (`) For
Individuals & HUF Others Individuals & HUF Others
Sep 25, 18 13.9404 0.2400 0.2222 14.4729 0.2400 0.2222 Dec 26, 18 14.0426 0.2400 0.2222 - - -Mar 25, 19 14.0128 0.2400 0.2222 14.6109 0.2400 0.2222
HDFC Equity Savings Fund (Past 3 quarters) Dividend Option
Record Date Regular Plan Direct Plan
Cum Div NAv (`)
Dividend per Unit (`) For Cum Div NAv (`)
Dividend per Unit (`) For
Individuals & HUF Others Individuals & HUF Others
Sep 25, 18 11.4350 0.2210 0.2210 12.1760 0.2210 0.2210 Dec 26, 18 11.1540 0.2210 0.2210 11.9350 0.2210 0.2210Mar 25, 19 11.2450 0.2210 0.2210 12.0810 0.2210 0.2210
April 2019 67
DIvIDEND HISTORy ^
^ Past performance may or may not be sustained in the future. There is no assurance or guarantee to Unit holders as to rate/quantum of dividend distribution nor that the dividends will be paid regularly. After payment of the dividend, the per Unit nAV falls to the extent of the payout and statutory levy, if any. Please log on to www.hdfcfund.com for Record Date-wise listing of dividends declared.
HDFC Multi-Asset Fund (Past 3 years) Dividend Option
Record Date Regular Plan Direct Plan
Cum Div NAv (`)
Dividend per Unit (`) For Cum Div NAv (`)
Dividend per Unit (`) For
Individuals & HUF Others Individuals & HUF Others
Mar 03, 16 11.9008 0.7223 0.6692 12.5570 0.7223 0.6692Mar 09, 17 12.3216 0.7945 0.7361 13.1369 0.7945 0.7361Mar 01, 18 12.2077 0.7945 0.7361 13.1690 0.7945 0.7361
HDFC Income Fund (Past 3 quarters) Quarterly Dividend Option
Record Date Regular Plan Direct Plan
Cum Div NAv (`)
Dividend per Unit (`) For Cum Div NAv (`)
Dividend per Unit (`) For
Individuals & HUF Others Individuals & HUF Others
Sep 25, 18 10.7248 0.0500 0.0463 11.2729 0.0500 0.0463 Dec 26, 18 11.0359 0.1500 0.1389 11.6180 0.1500 0.1389Mar 25, 19 11.0099 0.1000 0.0926 11.6145 0.1000 0.0926
HDFC Dynamic Debt FundQuarterly Dividend Option (Past 3 quarters)
Record Date Regular Plan Direct Plan
Cum Div NAv (`)
Dividend per Unit (`) For Cum Div NAv (`)
Dividend per Unit (`) For
Individuals & HUF Others Individuals & HUF Others
Sep 25, 18 11.7741 0.0500 0.0463 12.3239 0.0500 0.0463 Dec 26, 18 12.1230 0.1500 0.1389 12.7115 0.1500 0.1389Mar 25, 19 11.8119 0.1000 0.0926 12.4131 0.1000 0.0926
Half-yearly (Dividend Option) (Past 2 years)
Record Date Regular Plan Direct Plan
Cum Div NAv (`)
Dividend per Unit (`) For Cum Div NAv (`)
Dividend per Unit (`) For
Individuals & HUF Others Individuals & HUF Others
Mar 26, 18 11.3726 0.1000 0.0926 12.3307 0.1000 0.0926Sep 25, 18 11.2951 0.1000 0.0926 - - -Mar 25, 19 11.4552 0.2500 0.2315 - - -
yearly (Dividend Option) (Past 3 years)
Record Date Regular Plan Direct Plan
Cum Div NAv (`)
Dividend per Unit (`) For Cum Div NAv (`)
Dividend per Unit (`) For
Individuals & HUF Others Individuals & HUF Others
Mar 27, 17 13.8526 0.8500 0.7875 14.3149 0.8500 0.7875Mar 26, 18 13.0626 0.4000 0.3706 13.6262 0.4000 0.3706Mar 25, 19 12.9184 0.3500 0.3241 13.5824 0.3500 0.3241
HDFC Corporate Bond FundQuarterly Dividend Option (Past 3 quarters)
Record Date Regular Plan Direct Plan
Cum Div NAv (`)
Dividend per Unit (`) For Cum Div NAv (`)
Dividend per Unit (`) For
Individuals & HUF Others Individuals & HUF Others
Sep 25, 18 10.2690 0.0731 0.0677 10.1666 0.0745 0.0690 Dec 26, 18 10.5053 0.2431 0.2251 10.3997 0.2423 0.2244Mar 25, 19 10.4446 0.1952 0.1807 10.3385 0.1941 0.1797
HDFC Gilt Fund(Dividend Option) (Past 3 quarters)
Record Date Regular Plan Direct Plan
Cum Div NAv (`)
Dividend per Unit (`) For Cum Div NAv (`)
Dividend per Unit (`) For
Individuals & HUF Others Individuals & HUF Others
Sep 25, 18 10.9269 0.0500 0.0463 11.2391 0.0500 0.0463 Dec 26, 18 11.3169 0.1500 0.1389 11.6527 0.1500 0.1389Mar 25, 19 11.2988 0.1000 0.0926 11.6502 0.1000 0.0926
HDFC Liquid FundMonthly Dividend Option (Past 3 months)
Record Date Regular Plan Direct Plan
Cum Div NAv (`)
Dividend per Unit (`) For Cum Div NAv (`)
Dividend per Unit (`) For
Individuals & HUF Others Individuals & HUF Others
Feb 25, 19 1,031.6748 3.8716 3.5851 1,031.7540 3.9286 3.6379Mar 25, 19 1,031.8269 3.9812 3.6866 1,031.9063 4.0383 3.7395Apr 30, 19 1,033.8228 5.4188 5.0179 1,033.9252 5.4926 5.0862
HDFC Floating Rate Debt FundMonthly Dividend Option (Past 3 months)
Record Date Wholesale Option Wholesale Option - Direct Plan
Cum Div NAv (`)
Dividend per Unit (`) For Cum Div NAv (`)
Dividend per Unit (`) For
Individuals & HUF Others Individuals & HUF Others
Feb 25, 19 10.1996 0.0400 0.0370 10.2008 0.0408 0.0378Mar 25, 19 10.2132 0.0498 0.0461 10.2143 0.0506 0.0468Apr 30, 19 10.2178 0.0531 0.0492 10.2194 0.0542 0.0502
Record Date Retail Option
Cum Div NAv (`)
Dividend per Unit (`) For
Individuals & HUF Others
Feb 25, 19 10.1981 0.0389 0.0360Mar 25, 19 10.2116 0.0486 0.0450Apr 30, 19 10.2157 0.0516 0.0478
HDFC Low Duration FundMonthly Dividend Option (Past 3 months)
Record Date Retail Option Retail Option - Direct Plan
Cum Div NAv (`)
Dividend per Unit (`) For Cum Div NAv (`)
Dividend per Unit (`) For
Individuals & HUF Others Individuals & HUF Others
Feb 25, 19 10.1911 0.0368 0.0341 10.1983 0.0402 0.0372Mar 25, 19 10.2093 0.0499 0.0462 10.2165 0.0533 0.0494Apr 30, 19 10.2063 0.0478 0.0442 10.2149 0.0522 0.0483
Record Date Wholesale Option
Cum Div NAv (`)
Dividend per Unit (`) For
Individuals & HUF Others
Jan 28, 19 10.2275 0.0486 0.0450Feb 25, 19 10.2155 0.0400 0.0370Ap 30, 19 10.2320 0.0519 0.0480
HDFC Credit Risk Debt FundQuarterly Dividend Option (Past 3 quarters)
Record Date Regular Plan Direct Plan
Cum Div NAv (`)
Dividend per Unit (`) For Cum Div NAv (`)
Dividend per Unit (`) For
Individuals & HUF Others Individuals & HUF Others
Sep 25, 18 10.3274 0.0533 0.0493 10.4663 0.0680 0.0630 Dec 26, 18 10.5547 0.2168 0.2007 10.6929 0.2312 0.2141Mar 25, 19 10.4479 0.1401 0.1297 10.5812 0.1509 0.1397
HDFC Ultra Short Term FundMonthly Dividend Option (Past 3 months)
Record Date Regular Plan Direct Plan
Cum Div NAv (`)
Dividend per Unit (`) For Cum Div NAv (`)
Dividend per Unit (`) For
Individuals & HUF Others Individuals & HUF Others
Feb 25, 19 10.1068 0.0409 0.0379 10.1091 0.0426 0.0394Mar 25, 19 10.1150 0.0468 0.0434 10.1173 0.0485 0.0449Apr 30, 19 10.1295 0.0573 0.0530 10.1326 0.0595 0.0551
68 April 2019
Disclaimer: The views expressed herein are based on internal data, publicly available information and other sources believed to be reliable, but involve uncertainties that could cause actual events to differ materially
from those expressed or implied in such statements. The document is given for general and information purpose and is neither an investment advice nor an offer to sell nor a solicitation. While due care has been
exercised while preparing this document, HDFC Asset Management Company Limited (“HDFC AMC”) does not warrant the completeness or accuracy of the information. neither HDFC AMC, nor any person connected
with it, accepts any liability arising from the use of this material. The recipient of this material should rely on their investigations and take their own professional advice.
HDFC SEnSEx ETF, HDFC Index Fund - SEnSEx Plan (“Schemes”) is based on the S&P BSE SEnSEx Index. S&P® is a registered trademark of S&P Financial Services Limited (S&P). BSE® and SEnSEx® are registered trademarks
of BSE Limited. The Schemes is not sponsored, endorsed marketed or promoted by S&P, BSE or their respective affiliates. Please refer to the Scheme Information Document for disclaimers w.r.t. S&P BSE SENSEX Index.
For HDFC nIFTY 50 ETF & HDFC Index Fund - nIFTY 50 Plan: The Scheme of HDFC Mutual Fund (the “Product(s)”) are not sponsored, endorsed, sold or promoted by India Index Services & Products Limited (“IISL”).
IISL does not make any representation or warranty, express or implied, to the owners of the Product(s) or any member of the public regarding the advisability of investing in securities generally or in the Product(s)
particularly or the ability of the nIFTY Indices to track general stock market performance in India. The relationship of IISL with HDFC Asset Management Company Limited (“the Issuer/Licensee”) is only in respect of
the licensing of the Indices and certain trademarks and trade names associated with such Indices which is determined, composed and calculated by IISL without regard to the Issuer /Licensee or the Product(s). IISL
does not have any obligation to take the needs of the Issuer/Licensee or the owners of the Product(s) into consideration in determining, composing or calculating the nIFTY Indices. IISL is not responsible for or has
participated in the determination of the timing of, prices at, or quantities of the Product(s) to be issued or in the determination or calculation of the equation by which the Product(s) is to be converted into cash. IISL
has no obligation or liability in connection with the administration, marketing or trading of the Product(s).
IISL is engaged in the business of developing, constructing, compiling, computing and maintaining various equity indices. The relationship of IISL to HDFC AMC is only in respect of the rights granted to use certain
trademarks and trade names of the Index in connection with the utilisation of the Index data relating to such Index. The Index is determined, composed and calculated by IISL without regard to HDFC AMC. IISL has
no obligation to take the needs of HDFC AMC into consideration in determining, composing or calculating the nIFTY Indices.
IISL do not guarantee the accuracy and/or the completeness of nIFTY Indices or any data included therein and they shall have no liability for any errors, omissions, or interruptions therein. IISL make no warranty,
express or implied, as to results to be obtained by HDFC AMC or any other person or entity from the use of nIFTY Indices or any data included therein. IISL make no express or implied warranties, and expressly disclaim
all warranties of merchantability or fitness for a particular purpose or use with respect to the Index or any data included therein. Without limiting any of the foregoing, IISL expressly disclaim any and all liability for
any damages or losses arising out of the use of NIFTY Indices or any data included therein by any third party, including any and all direct, special, punitive, indirect, or consequential damages (including lost profits),
even if notified of the possibility of such damages. An investor, by subscribing or purchasing an interest in the Product(s), will be regarded as having acknowledged, understood and accepted the disclaimer referred
to in Clauses above and will be bound by it.
WANT TO HAvE THE LATEST INFORMATION ABOUT US?
visit us at www.hdfcfund.com
Telephone ServicesToll-free number: 1800 3010 6767 / 1800 419 7676
For any query or suggestions:-
Investors may contact us at:[email protected]
Distributors may contact us at:[email protected]
SMS: HDFCMF to 56767
Registered Office: HDFC House, 2nd Floor, H.T. Parekh Marg, 165-166 Backbay Reclamation, Churchgate, Mumbai - 400 020.
MUTUAL FUND INvESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLy.