HDFC Banking and PSU Debt Fund Direct Growth
DebtBanking & PSUModerate Risk
Direct
NAV (06-Sep-24)
₹22.350.00%1D
Returns (Since Inception)
8.00%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹5,939 Cr
Expense Ratio
0.39%
ISIN
INF179KA1IZ7
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
26 Mar 2014
About this fund
HDFC Banking and PSU Debt Fund Direct Growth is a Banking & PSU mutual fund schemes offered by HDFC Mutual Fund. This fund has been in existence for 10 years, 5 months and 13 days, having been launched on 26-Mar-14.
As of 06-Sep-24, it has a Net Asset Value (NAV) of ₹22.35, Assets Under Management (AUM) of 5939.30 Crores, and an expense ratio of 0.39%.
As of 06-Sep-24, it has a Net Asset Value (NAV) of ₹22.35, Assets Under Management (AUM) of 5939.30 Crores, and an expense ratio of 0.39%.
- HDFC Banking and PSU Debt Fund Direct Growth has given a CAGR return of 8.00% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 96.05% in debts, and 3.68% in cash & cash equivalents.
- You can start investing in HDFC Banking and PSU Debt Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.95%
+6.66% (Cat Avg.)
3 Years
+5.94%
+5.12% (Cat Avg.)
5 Years
+6.94%
+5.87% (Cat Avg.)
10 Years
+7.94%
+6.28% (Cat Avg.)
Since Inception
+8.00%
— (Cat Avg.)
Portfolio Summaryas of 15th August 2024
| Debt | ₹5,704.85 Cr | 96.05% |
| Others | ₹234.44 Cr | 3.95% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹300.54 Cr | 5.06% |
| Indian Railway Finance Corp Ltd. | Bond - Gov't Agency Debt | ₹275.44 Cr | 4.64% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹224.53 Cr | 3.78% |
| 7.26% Govt Stock 2033 | Bond - Gov't/Treasury | ₹219.9 Cr | 3.70% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹201.14 Cr | 3.39% |
| Net Current Assets | Cash | ₹173.02 Cr | 2.91% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹154.75 Cr | 2.61% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹150.73 Cr | 2.54% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹150.13 Cr | 2.53% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹139.37 Cr | 2.35% |
| Housing And Urban Development Corporation Limited | Bond - Corporate Bond | ₹130.75 Cr | 2.20% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹127.47 Cr | 2.15% |
| State Bank Of India | Bond - Corporate Bond | ₹127.37 Cr | 2.14% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹125.12 Cr | 2.11% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹124.87 Cr | 2.10% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹124.81 Cr | 2.10% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹100.93 Cr | 1.70% |
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹100.84 Cr | 1.70% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹100.61 Cr | 1.69% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹100.07 Cr | 1.68% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹99.75 Cr | 1.68% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹99.63 Cr | 1.68% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹99.52 Cr | 1.68% |
| 7.26% Govt Stock 2032 | Bond - Gov't/Treasury | ₹89.5 Cr | 1.51% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹78.49 Cr | 1.32% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹75.75 Cr | 1.28% |
| National Housing Bank | Bond - Corporate Bond | ₹75.24 Cr | 1.27% |
| SMFG India Cr Co.Ltd. | Bond - Corporate Bond | ₹74.91 Cr | 1.26% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹74.73 Cr | 1.26% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹72.63 Cr | 1.22% |
| 8% Govt Stock 2034 | Bond - Gov't/Treasury | ₹65.61 Cr | 1.10% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹60.49 Cr | 1.02% |
| National Bank for Agriculture and Rural Development | Bond - Gov't Agency Debt | ₹60.33 Cr | 1.02% |
| Rec Limited | Bond - Corporate Bond | ₹57.73 Cr | 0.97% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹55.92 Cr | 0.94% |
| Rec Limited | Bond - Corporate Bond | ₹52.8 Cr | 0.89% |
| 5.79% Govt Stock 2030 | Bond - Gov't/Treasury | ₹52.28 Cr | 0.88% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹51.38 Cr | 0.87% |
| Gujarat (Government of) 7.64% | Bond - Sub-sovereign Government Debt | ₹51.31 Cr | 0.86% |
| 7.17% Govt Stock 2030 | Bond - Gov't/Treasury | ₹50.76 Cr | 0.85% |
| Pipeline Infrastructure Ltd. | Bond - Corporate Bond | ₹50.61 Cr | 0.85% |
| National Housing Bank | Bond - Corporate Bond | ₹50.33 Cr | 0.85% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹50.33 Cr | 0.85% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹50.24 Cr | 0.85% |
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹50.24 Cr | 0.85% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹50.18 Cr | 0.84% |
| Export-Import Bank of India | Bond - Gov't Agency Debt | ₹50.15 Cr | 0.84% |
| National Housing Bank | Bond - Corporate Bond | ₹50.14 Cr | 0.84% |
| Tata Capital Housing Finance Ltd. | Bond - Corporate Bond | ₹50.13 Cr | 0.84% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹50.01 Cr | 0.84% |
| Mahanagar Telephone Nigam Limited | Bond - Corporate Bond | ₹48.75 Cr | 0.82% |
| Mahanagar Telephone Nigam Limited | Bond - Corporate Bond | ₹38.58 Cr | 0.65% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹35.27 Cr | 0.59% |
| Housing And Urban Development Corporation Ltd. | Bond - Corporate Bond | ₹35.08 Cr | 0.59% |
| Ongc Petro Additions Limited | Bond - Corporate Bond | ₹34.96 Cr | 0.59% |
| Gujarat (Government of) 7.64% | Bond - Sub-sovereign Government Debt | ₹30.83 Cr | 0.52% |
| Bank Of Baroda | Bond - Corporate Bond | ₹30.03 Cr | 0.51% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹29.86 Cr | 0.50% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹25.9 Cr | 0.44% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹25.87 Cr | 0.44% |
| Gujarat (Government of) 7.63% | Bond - Sub-sovereign Government Debt | ₹25.64 Cr | 0.43% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹25.44 Cr | 0.43% |
| Mahanagar Telephone Nigam Limited | Bond - Corporate Bond | ₹25.23 Cr | 0.42% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹25.18 Cr | 0.42% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹25.17 Cr | 0.42% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹25.15 Cr | 0.42% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹25.14 Cr | 0.42% |
| Pipeline Infrastructure Ltd. | Bond - Corporate Bond | ₹25.13 Cr | 0.42% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹25.07 Cr | 0.42% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹25.07 Cr | 0.42% |
| REC Ltd. | Bond - Corporate Bond | ₹25.06 Cr | 0.42% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹25.01 Cr | 0.42% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹24.96 Cr | 0.42% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹24.8 Cr | 0.42% |
| Rec Limited | Bond - Corporate Bond | ₹24.3 Cr | 0.41% |
| State Bank Of India | Bond - Corporate Bond | ₹24.12 Cr | 0.41% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹23.95 Cr | 0.40% |
| Union Bank of India | Bond - Gov't Agency Debt | ₹23.91 Cr | 0.40% |
| Treps - Tri-Party Repo | Cash - Repurchase Agreement | ₹21.59 Cr | 0.36% |
| Gujarat (Government of) 7.63% | Bond - Sub-sovereign Government Debt | ₹20.54 Cr | 0.35% |
| Corporate Debt Market Development Fund | Mutual Fund - Open End | ₹15.89 Cr | 0.27% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹14.96 Cr | 0.25% |
| 7.23% Govt Stock 2039 | Bond - Gov't/Treasury | ₹10.27 Cr | 0.17% |
| Maharashtra (Government of) 7.63% | Bond - Sub-sovereign Government Debt | ₹5.14 Cr | 0.09% |
| 7.18% Govt Stock 2037 | Bond - Gov't/Treasury | ₹5.11 Cr | 0.09% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹5.1 Cr | 0.09% |
| Mahanagar Telephone Nigam Limited | Bond - Corporate Bond | ₹3.7 Cr | 0.06% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹4,311.68 Cr | 72.60% |
| Bond - Gov't/Treasury | ₹849.88 Cr | 14.31% |
| Bond - Gov't Agency Debt | ₹409.83 Cr | 6.90% |
| Cash | ₹173.02 Cr | 2.91% |
| Bond - Sub-sovereign Government Debt | ₹133.46 Cr | 2.25% |
| Cash - CD/Time Deposit | ₹23.95 Cr | 0.40% |
| Cash - Repurchase Agreement | ₹21.59 Cr | 0.36% |
| Mutual Fund - Open End | ₹15.89 Cr | 0.27% |
Risk & Performance Ratios
Standard Deviation
This fund
1.01%
Cat. avg.
1.51%
Lower the better
Sharpe Ratio
This fund
0.06
Cat. avg.
-0.61
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.54
Higher the better
Fund Managers
AB
Anil Bamboli
Since March 2014
DM
Dhruv Muchhal
Since June 2023
Additional Scheme Detailsas of 15th August 2024
ISIN | INF179KA1IZ7 | Expense Ratio | 0.39% | Exit Load | No Charges | Fund Size | ₹5,939 Cr | Age | 26 Mar 2014 | Lumpsum Minimum | ₹100 | Fund Status | Open Ended Investment Company | Benchmark | NIFTY Banking & PSU Debt TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- For investments made on or after 1 April 2023: The entire capital gain is added to the investor's income and is taxed based on the applicable income tax slab.
- For investments made before 1 April 2023:
- If sold within 2 years of investment: The capital gains are added to the investor's income and taxed according to the applicable tax slab.
- If sold after 2 years of investment: The capital gains are taxed at a flat rate of 12.5%.
- Holding the units: No tax is applicable as long as you hold the units.
Dividend Taxation:
Dividends are considered part of the investor’s income and are taxed according to their applicable tax slab. Additionally, if an investor’s dividend income exceeds INR 5,000 in a financial year, a 10% Tax Deducted at Source (TDS) is withheld by the fund house before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Banking & PSU Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Bandhan Banking & PSU Debt Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹14211.17 Cr | 7.6% |
| Bandhan Banking & PSU Debt Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹14211.17 Cr | 7.3% |
| Franklin India Banking & PSU Debt Fund Regular Growth Moderate Risk | 0.5% | 0.0% | ₹602.43 Cr | 7.4% |
| Franklin India Banking & PSU Debt Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹602.43 Cr | 7.8% |
| PGIM India Banking and PSU Debt fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹45.38 Cr | 6.8% |
| PGIM India Banking and PSU Debt fund Regular Growth Moderate Risk | 0.4% | 0.0% | ₹45.38 Cr | 6.6% |
| Canara Robeco Banking and PSU Debt Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹296.08 Cr | 7.2% |
| Canara Robeco Banking and PSU Debt Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹296.08 Cr | 7.6% |
| Tata Banking & PSU Debt Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹207.53 Cr | 7.0% |
| Tata Banking & PSU Debt Fund Regular Growth Low to Moderate Risk | 0.7% | 0.0% | ₹207.53 Cr | 6.5% |
About the AMC
Total AUM
₹7,06,808 Cr
Address
“HUL House”, 2nd Floor, Mumbai, 400 020
Other Funds by HDFC Mutual Fund
Risk Level
Your principal amount will be at Moderate Risk
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We're here to help.
What is the current NAV of HDFC Banking and PSU Debt Fund Direct Growth?
The NAV of HDFC Banking and PSU Debt Fund Direct Growth, as of 06-Sep-2024, is ₹22.35.
What are the returns of HDFC Banking and PSU Debt Fund Direct Growth?
The fund has generated 7.95% over the last 1 year and 5.94% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of HDFC Banking and PSU Debt Fund Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 96.05% in bonds, and 3.68% in cash and cash equivalents.
Who manages the HDFC Banking and PSU Debt Fund Direct Growth?
The fund managers responsible for HDFC Banking and PSU Debt Fund Direct Growth are:-
- Anil Bamboli
- Dhruv Muchhal
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.