HDFC Dynamic Debt Fund Direct Growth
DebtDynamic BondModerate Risk
Direct
NAV (18-Jun-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹850 Cr
Expense Ratio
0.75%
ISIN
INF179K01WB4
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹98.79, Assets Under Management (AUM) of 849.66 Crores, and an expense ratio of 0.75%.
- HDFC Dynamic Debt Fund Direct Growth has given a CAGR return of 7.86% since inception.
- The fund's asset allocation comprises around 1.43% in equities, 91.03% in debts, and 7.28% in cash & cash equivalents.
- You can start investing in HDFC Dynamic 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
+8.92%
+8.95% (Cat Avg.)
3 Years
+8.56%
+8.01% (Cat Avg.)
5 Years
+7.52%
+6.28% (Cat Avg.)
10 Years
+7.33%
+6.74% (Cat Avg.)
Since Inception
+7.86%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Equity | ₹12.18 Cr | 1.43% |
| Debt | ₹773.49 Cr | 91.03% |
| Others | ₹64 Cr | 7.53% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 7.3% Govt Stock 2053 | Bond - Gov't/Treasury | ₹121.93 Cr | 14.35% |
| 7.34% Govt Stock 2064 | Bond - Gov't/Treasury | ₹97.61 Cr | 11.49% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹89.93 Cr | 10.58% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹68.52 Cr | 8.06% |
| 7.25% Govt Stock 2063 | Bond - Gov't/Treasury | ₹57.8 Cr | 6.80% |
| 7.26% Govt Stock 2032 | Bond - Gov't/Treasury | ₹53.3 Cr | 6.27% |
| 6.99% Govt Stock 2034 | Bond - Gov't/Treasury | ₹45.93 Cr | 5.41% |
| Treps - Tri-Party Repo | Cash - Repurchase Agreement | ₹42.47 Cr | 5.00% |
| 7.09% Govt Stock 2054 | Bond - Gov't/Treasury | ₹36.17 Cr | 4.26% |
| Rec Limited | Bond - Corporate Bond | ₹26.83 Cr | 3.16% |
| 7.26% Govt Stock 2033 | Bond - Gov't/Treasury | ₹26.58 Cr | 3.13% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹26.14 Cr | 3.08% |
| State Bank Of India | Bond - Corporate Bond | ₹25.42 Cr | 2.99% |
| 7.18% Govt Stock 2037 | Bond - Gov't/Treasury | ₹21.3 Cr | 2.51% |
| Net Current Assets | Cash | ₹18.74 Cr | 2.21% |
| Pipeline Infrastructure Limited | Bond - Corporate Bond | ₹15.55 Cr | 1.83% |
| 6.79% Govt Stock 2034 | Bond - Gov't/Treasury | ₹15.54 Cr | 1.83% |
| Indus Infra Trust Unit | Equity | ₹12.18 Cr | 1.43% |
| Gujarat (Government of) 7.64% | Bond - Sub-sovereign Government Debt | ₹10.64 Cr | 1.25% |
| Gujarat (Government of) 7.64% | Bond - Sub-sovereign Government Debt | ₹5.32 Cr | 0.63% |
| Gujarat (Government of) 7.63% | Bond - Sub-sovereign Government Debt | ₹5.32 Cr | 0.63% |
| Gujarat (Government of) 7.63% | Bond - Sub-sovereign Government Debt | ₹5.31 Cr | 0.63% |
| Uttar Pradesh (Government of) 7.48% | Bond - Sub-sovereign Government Debt | ₹5.3 Cr | 0.62% |
| Housing And Urban Development Corporation Limited | Bond - Corporate Bond | ₹5.19 Cr | 0.61% |
| 6.67% Govt Stock 2035 | Bond - Gov't/Treasury | ₹4.93 Cr | 0.58% |
| 6.9% Govt Stock 2065 | Bond - Gov't/Treasury | ₹2.32 Cr | 0.27% |
| Corporate Debt Market Development Fund | Mutual Fund - Open End | ₹2.18 Cr | 0.26% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹0.62 Cr | 0.07% |
| 08.26 MH Sdl 2025 | Bond - Gov't/Treasury | ₹0.61 Cr | 0.07% |
| 08.19 RJ UDAY 2026 | Bond - Gov't Agency Debt | ₹0 Cr | 0.00% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹12.18 Cr | 1.43% |
Risk & Performance Ratios
Standard Deviation
This fund
1.84%
Cat. avg.
2.33%
Lower the better
Sharpe Ratio
This fund
1.09
Cat. avg.
0.69
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.38
Higher the better
Fund Managers
Anil Bamboli
Since February 2004
Dhruv Muchhal
Since June 2023
Additional Scheme Detailsas of 31st May 2025
ISIN | INF179K01WB4 | Expense Ratio | 0.75% | Exit Load | No Charges | Fund Size | ₹850 Cr | Age | 12 years 5 months | Lumpsum Minimum | ₹100 | Fund Status | Open Ended Investment Company | Benchmark | Nifty Composite 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:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) 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 Dynamic Bond Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| ICICI Prudential All Seasons Bond Fund Direct Growth Moderate Risk | 0.6% | 0.0% | ₹14981.39 Cr | 10.2% |
| Union Dynamic Bond Fund Regular Growth Moderate Risk | 1.6% | 0.0% | ₹109.21 Cr | 8.3% |
| HSBC Dynamic Bond Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹185.12 Cr | 9.6% |
| SBI Dynamic Bond Direct Growth Moderate Risk | 0.6% | 0.0% | ₹3559.83 Cr | 9.3% |
| PGIM India Dynamic Bond Direct Growth Moderate Risk | 0.4% | 0.0% | ₹120.38 Cr | 9.9% |
| Bandhan Dynamic Bond Fund Direct Growth Moderate Risk | 0.7% | 0.0% | ₹2938.61 Cr | 6.9% |
| Nippon India Dynamic Bond Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹4613.11 Cr | 11.0% |
| JM Dynamic Bond Fund Direct Growth Moderate Risk | 0.5% | 0.0% | ₹57.28 Cr | 10.4% |
| Kotak Dynamic Bond Fund Direct Growth Moderately High risk | 0.6% | 0.0% | ₹2882.64 Cr | 9.2% |
| Mirae Asset Dynamic Bond Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹120.28 Cr | 9.3% |
About the AMC
Total AUM
₹7,64,557 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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Who manages the HDFC Dynamic Debt Fund Direct Growth?
- Anil Bamboli
- Dhruv Muchhal
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