HDFC Corporate Bond Fund - Growth Option
(Erstwhile HDFC Medium Term Opportunities Fund - Growth Option)
Fund House: HDFC Mutual Fund| Category: Debt: Corporate Bond |
| Launch Date: 01-06-2010 |
| Asset Class: Fixed Income |
| Benchmark: NIFTY Corporate Bond Total Return Index |
| Expense Ratio: 0.61% As on (31-03-2021) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 29,880.38 Cr As on (31-03-2021) |
| Turn over: - | Exit Load: Nil |
25.1516
-0 (-0.0012%)
8.86%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Investment Objective
The scheme seeks to generate regular income through investments in Debt/Money Market Instruments and Government Securities with maturities not exceeding 60 months
Current Asset Allocation (%)
Indicators
| Volatility | 1.56 |
| Sharp Ratio | 3.94 |
| Alpha | 3.83 |
| Beta | 0.58 |
| Yield to Maturity | 5.44 |
| Average Maturity | 4.06 |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| HDFC Corporate Bond Fund - Growth Option | 01-06-2010 | 8.66 | 9.85 | 9.29 | 8.6 | 8.97 |
| Axis Corporate Debt Fund - Regular Plan Growth | 05-07-2017 | 9.64 | 7.78 | 8.09 | - | - |
| IDFC Corporate Bond Fund - Regular Growth | 04-01-2016 | 9.0 | 8.99 | 8.55 | 8.11 | - |
| Aditya Birla Sun Life Corporate Bond Fund - Growth - Regular Plan | 03-03-1997 | 8.98 | 9.83 | 9.32 | 8.59 | 9.14 |
| Franklin India Corporate Debt Fund - Growth | 23-06-1997 | 8.92 | 8.6 | 8.33 | 8.45 | 9.16 |
| PGIM India Premier Bond Fund - Premium Plus Plan - Growth | 09-02-2009 | 8.56 | 9.35 | 8.25 | 7.85 | 6.98 |
| UTI Corporate Bond Fund - Regular Plan - Growth Option | 05-08-2018 | 8.38 | 10.15 | - | - | - |
| ICICI Prudential Corporate Bond Fund - Growth | 12-06-2009 | 8.29 | 9.19 | 8.68 | 8.11 | 8.54 |
| Invesco India Corporate Bond Fund - Growth | 02-08-2007 | 8.27 | 9.29 | 8.7 | 7.67 | 7.9 |
| Sundaram Corporate Bond Fund Regular Plan- Growth | 30-12-2004 | 8.25 | 10.16 | 9.33 | 8.31 | 8.01 |
Scheme Characteristics
Minimum investment in corporate bonds - 80% of total assets (only in highest rated instruments).
Riskometer
PORTFOLIO
Market Cap Distribution
Others
100.0%
Scheme Documents
Fact Sheet for the month of February- 21
Monthly Portfolios (Other than Debt Schemes) for February 2021
Tax Benefits of investing in this fund
Long term capital gains (LTCG) tax @20% (plus surcharge, if applicable and cess) with indexation if units held for more than 36 months
Short term capital gains (STCG) tax at the income tax slab rate applicable to the investor, if units are held for less than 36 months
Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @29.12% ( 25% + 12% surcharge + 4% Health & education cess) for Individuals and @ 34.944% ( 30% + 12% surcharge + 4% Health & education cess) for any other person **
In case of an investor being NRI, LTCG tax are chargeable @ 10% (plus surcharge, if applicable and cess) without indexation relating to units redeemed from unlisted schemes.
** The DDT is to be paid by the mutual fund
