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HDFC Corporate Bond Fund -Direct Plan Quarterly Dividend Payout Option

Debt

  

Corporate Bond Fund

NAV

10.491 -0.0181

as on (03 Apr, 2020)

RETURNS

6.01 %

Fund Type

Open Ended

Investment Plan

Dividend Payout

Expense Ratio

0.4 %

Benchmark

CRISIL Composite Bond Fund TR INR

Asset Size

13389.16 Cr.

(As of 30 Apr, 2019)

Risk

Moderately Low

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.

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Fund manager

Anupam Joshi

(since 27 Oct, 2015)

Exit load

N / A

Minimum sip

₹ 500

minimum investment

₹ 5000

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

Power Finance Corporation Ltd.

5.42 %

Reliance Industries Limited

4.49 %

ONGC Petro Additions Limited

3.32 %

ONGC Petro Additions Limited

2.77 %

Sector Allocation

About the Scheme Type

Corporate Bond Fund

Corporate Bond Funds invest into fixed income instruments, such as, bonds, commercial papers, debentures and structured obligations, issued by companies. Given that corporate bond funds ensure capital protection, they’re considered less risky. These are a good choice for investors looking for a fix but higher income from a reliable investment avenue. The usual investment horizon is 1 – 4 years and since these funds invest in the bonds of medium to long tenure, it should be looked as a long term investment option.

Ratings

This fund is rated 3 stars by Morning Star Ratings.

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Overview of HDFC Asset Management Company Limited

HDFC Mutual Fund is one of India’s largest and well established mutual funds houses with focus on delivering consistent fund performance across categories since the launch of the first scheme(s) in July 2000. We, at HDFC Mutual Fund, believe in constantly reviewing the markets for new trends, identifying new growth sectors and sharing this knowledge with our investors in the form of product offerings, so as to give our investors long-term benefits. HDFC Mutual Fund has various products across asset and risk categories to enable investors to invest in line with their investment objectives and risk taking capacity.

Vision of HDFC Mutual Fund – To be a dominant player in the Indian mutual fund space recognized for its high levels of ethical and professional conduct and a commitment towards enhancing investor interests. HDFC’s Mutual Fund philosophy is based on 3 pillars.

  • Invest Profitably: The single most important factor that drives HDFC Mutual Fund is its belief to give the investor the chance to profitably invest in the financial market, without constantly worrying about the market swings.
  • Research & Analysis: To realize this belief, HDFC Mutual Fund has set up the infrastructure required to conduct all the fundamental research and back it up with effective analysis.
  • Controlled Risk: HDFC Mutual Fund’s strong emphasis on managing and controlling portfolio risk avoids chasing the latest "fads" and trend.