HDFC Gilt Fund Direct Growth

Fund Overview

Fund Size

₹2,981 Cr

Expense Ratio

0.46%

ISIN

INF179K01VS0

Minimum SIP

₹100

Exit Load

No Charges

Inception Date

01 Jan 2013

About this fund

HDFC Gilt Fund Direct Growth is a Government Bond mutual fund schemes offered by HDFC Mutual Fund. This fund has been in existence for 12 years, 9 months and 30 days, having been launched on 01-Jan-13.
As of 30-Oct-25, it has a Net Asset Value (NAV) of ₹58.63, Assets Under Management (AUM) of 2981.22 Crores, and an expense ratio of 0.46%.

HDFC Gilt Fund Direct Growth has given a CAGR return of 7.58% since inception.
The fund's asset allocation comprises around 0.00% in equities, 95.43% in debts, and 4.57% in cash & cash equivalents.
You can start investing in HDFC Gilt 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

+6.06%

+6.09% (Cat Avg.)

3 Years

+7.77%

+7.41% (Cat Avg.)

5 Years

+5.54%

+5.29% (Cat Avg.)

10 Years

+7.02%

+6.56% (Cat Avg.)

Since Inception

+7.58%

— (Cat Avg.)

Portfolio Summaryas of 15th October 2025

Debt	₹2,844.89 Cr	95.43%
Others	₹136.34 Cr	4.57%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
7.18% Govt Stock 2033	Bond - Gov't/Treasury	₹479.07 Cr	16.07%
7.3% Govt Stock 2053	Bond - Gov't/Treasury	₹472.88 Cr	15.86%
6.9% Govt Stock 2065	Bond - Gov't/Treasury	₹247.38 Cr	8.30%
7.34% Govt Stock 2064	Bond - Gov't/Treasury	₹245.95 Cr	8.25%
7.09% Govt Stock 2054	Bond - Gov't/Treasury	₹230.49 Cr	7.73%
7.26% Govt Stock 2033	Bond - Gov't/Treasury	₹219.14 Cr	7.35%
7.02% Govt Stock 2031	Bond - Gov't/Treasury	₹155.14 Cr	5.20%
7.26% Govt Stock 2032	Bond - Gov't/Treasury	₹141.25 Cr	4.74%
7.18% Govt Stock 2037	Bond - Gov't/Treasury	₹124.2 Cr	4.17%
7.25% Govt Stock 2063	Bond - Gov't/Treasury	₹85.9 Cr	2.88%
Treps - Tri-Party Repo	Cash - Repurchase Agreement	₹85.48 Cr	2.87%
6.92% Govt Stock 2039	Bond - Gov't/Treasury	₹76.01 Cr	2.55%
Net Current Assets	Cash	₹50.85 Cr	1.71%
Gujarat (Government of) 7.64%	Bond - Sub-sovereign Government Debt	₹50.66 Cr	1.70%
06.99 MP Sdl 2041	Bond - Gov't/Treasury	₹48.85 Cr	1.64%
7.17% Govt Stock 2030	Bond - Gov't/Treasury	₹36.42 Cr	1.22%
Gujarat (Government of) 7.64%	Bond - Sub-sovereign Government Debt	₹31.04 Cr	1.04%
7.24% Govt Stock 2055	Bond - Gov't/Treasury	₹25.56 Cr	0.86%
7.48% Madhya Pradesh Mat 011045^	Bond - Gov't/Treasury	₹25.48 Cr	0.85%
Madhya Pradesh (Government of) 7.22%	Bond - Sub-sovereign Government Debt	₹24.9 Cr	0.84%
Madhya Pradesh (Government of) 7.22%	Bond - Sub-sovereign Government Debt	₹20.09 Cr	0.67%
6.79% Govt Stock 2034	Bond - Gov't/Treasury	₹16.11 Cr	0.54%
Gujarat (Government of) 7.63%	Bond - Sub-sovereign Government Debt	₹15.45 Cr	0.52%
6.99% Govt Stock 2034	Bond - Gov't/Treasury	₹15.27 Cr	0.51%
Gujarat (Government of) 7.63%	Bond - Sub-sovereign Government Debt	₹10.34 Cr	0.35%
7.63% Andhra Pradesh SDL ISD 030925 MAT 030937^	Bond - Gov't/Treasury	₹10.32 Cr	0.35%
Uttar Pradesh (Government of) 7.48%	Bond - Sub-sovereign Government Debt	₹10.2 Cr	0.34%
7.48% Andhra Pradesh SDL ISD 030925 MAT 030933^	Bond - Gov't/Treasury	₹8.08 Cr	0.27%
7.62% Andhra Pradesh SDL ISD 030925 MAT 030936^	Bond - Gov't/Treasury	₹6.91 Cr	0.23%
7.48% Andhra Pradesh Sdl Isd 030925 Mat 030934^	Bond - Gov't/Treasury	₹6.15 Cr	0.21%
6.99% Govt Stock 2051	Bond - Gov't/Treasury	₹3.73 Cr	0.13%
8.97% Govt Stock 2030	Bond - Gov't/Treasury	₹1.12 Cr	0.04%
Haryana (State Of) 7.03%	Bond - Sub-sovereign Government Debt	₹0.49 Cr	0.02%
6.76% Govt Stock 2061	Bond - Gov't/Treasury	₹0.33 Cr	0.01%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Bond - Gov't/Treasury	₹2,681.71 Cr	89.95%
Bond - Sub-sovereign Government Debt	₹163.17 Cr	5.47%
Cash - Repurchase Agreement	₹85.48 Cr	2.87%
Cash	₹50.85 Cr	1.71%

Risk & Performance Ratios

Fund Managers

Anil Bamboli

Since September 2007

Dhruv Muchhal

Since June 2023

Additional Scheme Detailsas of 15th October 2025

ISIN

INF179K01VS0

Expense Ratio

0.46%

Exit Load

No Charges

Fund Size

₹2,981 Cr

Age

12 years 9 months

Lumpsum Minimum

₹100

Fund Status

Open Ended Investment Company

Benchmark

NIFTY All Duration G-Sec 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:

Dividend Taxation:

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 Government Bond Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Groww Gilt Fund Direct Growth Moderate Risk	0.5%	0.0%	₹44.52 Cr	-
Groww Gilt Fund Regular Growth Moderate Risk	1.5%	0.0%	₹44.52 Cr	-
Bajaj Finserv Gilt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹29.92 Cr	-
Bajaj Finserv Gilt Fund Regular Growth Moderate Risk	1.3%	0.0%	₹29.92 Cr	-
UTI Nifty 5 Yr Benchmark G-Sec ETF Moderate Risk	0.2%	-	₹24.90 Cr	8.6%
LIC MF Gilt Fund Direct Growth Moderate Risk	0.7%	0.0%	₹57.63 Cr	3.6%
ICICI Prudential Gilt Fund Direct Growth Low to Moderate Risk	0.6%	0.0%	₹9109.14 Cr	7.8%
HSBC Gilt Fund Direct Growth Moderate Risk	0.5%	0.0%	₹288.27 Cr	4.8%
Bandhan Government Securities Fund Investment Plan Direct Growth Moderate Risk	0.5%	0.0%	₹2540.22 Cr	4.2%
Nippon India Gilt Securities Fund Direct Growth Moderate Risk	0.5%	0.0%	₹1905.53 Cr	4.9%
Invesco India Gilt Fund Direct Growth Moderate Risk	0.5%	0.0%	₹366.65 Cr	4.7%
Kotak Gilt Investment Fund Direct Growth Low to Moderate Risk	0.5%	0.0%	₹3459.28 Cr	3.7%
Nippon India ETF Nifty 5 yr Benchmark G-Sec Moderate Risk	0.1%	-	₹270.96 Cr	9.0%
Axis Gilt Fund Regular Growth Moderate Risk	0.8%	0.0%	₹679.19 Cr	5.5%
Bandhan Government Securities Fund Investment Plan Regular Growth Moderate Risk	1.1%	0.0%	₹2540.22 Cr	3.5%
Aditya Birla Sun Life Nifty G-Sec Jun 2027 ETF Moderate Risk	-	-	-	-
Edelweiss Government Securities Fund Direct Growth Moderate Risk	0.5%	0.0%	₹167.79 Cr	5.2%
Edelweiss Government Securities Fund Regular Growth Moderate Risk	1.2%	0.0%	₹167.79 Cr	4.5%
Motilal Oswal Nifty 5 year Benchmark G-Sec ETF Moderate Risk	0.2%	-	₹133.53 Cr	8.6%
UTI Gilt Fund Direct Growth Moderate Risk	0.7%	0.0%	₹566.16 Cr	5.5%
Axis Gilt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹679.19 Cr	5.9%
Baroda BNP Paribas Gilt Fund Direct Growth Moderate Risk	0.1%	0.0%	₹1313.13 Cr	6.6%
HDFC Gilt Fund Direct Growth Moderate Risk	0.5%	0.0%	₹2981.22 Cr	6.1%
Aditya Birla Sun Life Government Securities Fund Direct Growth Moderate Risk	0.5%	0.0%	₹1868.27 Cr	4.0%
SBI Magnum Gilt Direct Growth Moderate Risk	0.5%	0.0%	₹11308.31 Cr	5.5%
ICICI Prudential Nifty 5 Yr Bench G-SEC ETF Moderate Risk	0.2%	-	₹17.10 Cr	9.0%
Tata Gilt Securities Fund Direct Growth Moderate Risk	0.3%	0.0%	₹1267.14 Cr	6.1%
Franklin India Government Securities Direct Growth Low to Moderate Risk	0.6%	0.0%	₹168.37 Cr	6.2%
Canara Robeco Gilt Fund Direct Growth Moderate Risk	0.5%	0.0%	₹150.44 Cr	4.5%
DSP Government Securities Direct Growth Moderate Risk	0.6%	0.0%	₹1505.15 Cr	5.0%
PGIM India Gilt Fund Direct Growth Moderate Risk	0.6%	0.0%	₹106.16 Cr	6.1%
Union Gilt Fund Direct Growth Moderate Risk	0.7%	0.0%	₹126.58 Cr	3.5%
Union Gilt Fund Regular Growth Moderate Risk	1.1%	0.0%	₹126.58 Cr	3.0%
Quant Gilt Fund Regular Growth Moderate Risk	1.4%	0.0%	₹127.43 Cr	4.9%
Quant Gilt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹127.43 Cr	5.9%
Invesco India Gilt Fund Regular Growth Moderate Risk	1.3%	0.0%	₹366.65 Cr	3.9%
Motilal Oswal 5 Year G-Sec Fund of Fund Regular Growth Moderate Risk	0.5%	0.0%	₹49.00 Cr	8.9%
Motilal Oswal 5 Year G-Sec Fund of Fund Direct Growth Moderate Risk	0.4%	0.0%	₹49.00 Cr	8.9%
Kotak Gilt Investment Fund Regular Growth Low to Moderate Risk	1.5%	0.0%	₹3459.28 Cr	2.6%
Aditya Birla Sun Life Government Securities Fund Regular Growth Moderate Risk	1.1%	0.0%	₹1868.27 Cr	3.3%
LIC MF Gilt Fund Regular Growth Moderate Risk	1.5%	0.0%	₹57.63 Cr	2.9%
PGIM India Gilt Fund Regular Growth Moderate Risk	1.4%	0.0%	₹106.16 Cr	5.1%
DSP Government Securities Regular Growth Moderate Risk	1.2%	0.0%	₹1505.15 Cr	4.4%
Baroda BNP Paribas Gilt Fund Regular Growth Moderate Risk	0.5%	0.0%	₹1313.13 Cr	6.2%
Canara Robeco Gilt Fund Regular Growth Moderate Risk	1.3%	0.0%	₹150.44 Cr	3.7%
HSBC Gilt Fund Regular Growth Moderate Risk	1.6%	0.0%	₹288.27 Cr	3.6%
SBI Magnum Gilt Regular Growth Moderate Risk	0.9%	0.0%	₹11308.31 Cr	5.0%
ICICI Prudential Gilt Fund Regular Growth Low to Moderate Risk	1.1%	0.0%	₹9109.14 Cr	7.2%
UTI Gilt Fund Regular Growth Moderate Risk	0.9%	0.0%	₹566.16 Cr	5.2%
HDFC Gilt Fund Regular Growth Moderate Risk	0.9%	0.0%	₹2981.22 Cr	5.6%

About the AMC

HDFC Mutual Fund

+91 22 66316333

https://www.hdfcfund.com/

Total AUM

₹8,32,405 Cr

Address

“HUL House”, 2nd Floor, Mumbai, 400 020

Other Funds by HDFC Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
HDFC Diversified Equity All Cap Active FOF Direct Growth Very High Risk	0.3%	1.0%	₹1106.21 Cr	-
HDFC Innovation Fund Direct Growth Very High Risk	0.7%	1.0%	₹2594.75 Cr	-
HDFC CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹426.00 Cr	-
HDFC Nifty Top 20 Equal Weight Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹77.18 Cr	-
HDFC Nifty100 Quality 30 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹164.36 Cr	-
HDFC Nifty India Digital Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹181.94 Cr	-
HDFC Nifty LargeMidcap 250 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹432.53 Cr	6.3%
HDFC Nifty500 Multicap 50:25:25 Index Fund Regular Growth Very High Risk	0.0%	0.0%	₹435.30 Cr	4.7%
HDFC NIFTY100 Low Volatility 30 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹298.14 Cr	5.8%
HDFC Manufacturing Fund Direct Growth Very High Risk	0.8%	1.0%	₹11573.71 Cr	8.2%
HDFC NIFTY Realty Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹114.24 Cr	-5.1%
HDFC NIFTY200 Momentum 30 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹687.44 Cr	-8.8%
HDFC Pharma and Healthcare Fund Direct Growth Very High Risk	0.9%	1.0%	₹1896.11 Cr	10.3%
HDFC Technology Fund Direct Growth Very High Risk	1.0%	1.0%	₹1411.61 Cr	-1.6%
HDFC Fixed Maturity Plan 1162 Days March 2022 Series 46 Direct Growth Low Risk	-	0.0%	₹30.78 Cr	7.2%
HDFC FMP 1204D December 2022 (47) Direct Growth Low to Moderate Risk	-	-	₹51.24 Cr	7.1%
HDFC Fixed Maturity Plans 1269 Days March 2023 Series 47 Direct Growth Low to Moderate Risk	-	0.0%	₹76.38 Cr	7.6%
HDFC Fixed Maturity Plans 1359 Days September 2022 Series 46 Direct Growth Low to Moderate Risk	-	0.0%	₹316.54 Cr	7.3%
HDFC Fixed Maturity Plan 1406 Days August 2022 Series 46 Direct Growth Moderate Risk	-	0.0%	₹246.30 Cr	7.4%
HDFC Fixed Maturity Plans 1113 Days March 2019 Series 44 Plan 1 Direct Growth Moderate Risk	-	0.0%	-	-
HDFC Fixed Maturity Plan 1876 Days Series 46 Direct Growth Low to Moderate Risk	-	0.0%	₹33.86 Cr	8.1%
HDFC Fixed Maturity Plans Series 46 1158D July 2022 Direct Growth Low Risk	-	0.0%	₹161.40 Cr	6.6%
HDFC Fixed Maturity Plan 1861 Days Series 46 Direct Growth Low to Moderate Risk	-	0.0%	₹483.74 Cr	8.1%
HDFC FMP 2638D February 2023 (47) Direct Growth Moderate Risk	-	0.0%	₹151.02 Cr	9.2%
HDFC Fixed Maturity Plans 1127 Days April 2019 Series 44 Plan 1 Direct Growth Moderate Risk	-	-	-	-
HDFC Balanced Advantage Fund Direct Growth Very High Risk	0.7%	1.0%	₹103041.30 Cr	6.7%
HDFC Hybrid Equity Fund Direct Growth Very High Risk	1.0%	1.0%	₹24080.88 Cr	6.8%
HDFC Dynamic PE Ratio Fund of Funds Plan A Direct Growth Moderate Risk	0.1%	0.0%	₹1891.66 Cr	1.4%
HDFC Small Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹36827.67 Cr	6.2%
HDFC Housing Opportunities Fund Direct Growth Very High Risk	1.3%	1.0%	₹1287.96 Cr	1.3%
HDFC Large and Mid Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹26949.33 Cr	7.1%
HDFC Nifty G-Sec July 2031 Index Fund Direct Growth Moderate Risk	0.2%	0.0%	₹677.39 Cr	8.9%
HDFC Nifty G-sec Dec 2026 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1189.96 Cr	7.6%
HDFC Business Cycle Fund Direct Growth Very High Risk	0.8%	1.0%	₹2902.22 Cr	6.9%
HDFC NIFTY Smallcap 250 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹539.75 Cr	-0.3%
HDFC Credit Risk Debt Fund Direct Growth Moderately High risk	1.0%	1.0%	₹7035.54 Cr	8.6%
HDFC Nifty SDL Oct 2026 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹200.37 Cr	7.6%
HDFC Banking and PSU Debt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹5884.96 Cr	8.3%
HDFC Banking & Financial Services Fund Direct Growth Very High Risk	0.8%	1.0%	₹4134.89 Cr	13.1%
HDFC Non-Cyclical Consumer Fund Direct Growth Very High Risk	1.1%	1.0%	₹1058.89 Cr	4.4%
HDFC Asset Allocator Fund of Funds Direct Growth High Risk	0.1%	1.0%	₹4971.70 Cr	12.4%
HDFC Gold Fund Direct Growth High Risk	0.2%	1.0%	₹6328.89 Cr	48.7%
HDFC Gilt Fund Direct Growth Moderate Risk	0.5%	0.0%	₹2981.22 Cr	6.1%
HDFC Dynamic Debt Fund Direct Growth Moderate Risk	0.8%	0.0%	₹790.97 Cr	5.8%
HDFC Medium Term Debt Fund Direct Growth Moderately High risk	0.7%	0.0%	₹3879.86 Cr	8.4%
HDFC Income Fund Direct Growth Moderate Risk	0.8%	0.0%	₹940.54 Cr	6.3%
HDFC Infrastructure Fund Direct Growth Very High Risk	1.1%	1.0%	₹2521.80 Cr	4.2%
HDFC Liquid Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹56061.67 Cr	6.8%
HDFC Corporate Bond Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹36197.12 Cr	8.0%
HDFC Mid-Cap Opportunities Fund Direct Growth Very High Risk	0.7%	1.0%	₹84854.73 Cr	8.8%

Risk Level

Your principal amount will be at Moderate Risk

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Still got questions?
We're here to help.

What is the current NAV of HDFC Gilt Fund Direct Growth?

The NAV of HDFC Gilt Fund Direct Growth, as of 30-Oct-2025, is ₹58.63.

What are the returns of HDFC Gilt Fund Direct Growth?

The fund has generated 6.06% over the last 1 year and 7.77% 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 Gilt Fund Direct Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 95.43% in bonds, and 4.57% in cash and cash equivalents.

Who manages the HDFC Gilt Fund Direct Growth?

The fund managers responsible for HDFC Gilt 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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Fund Overview

Fund Size

₹2,981 Cr

Expense Ratio

0.46%

ISIN

INF179K01VS0

Minimum SIP

₹100

Exit Load

No Charges

Inception Date

01 Jan 2013

Risk Level

Your principal amount will be at Moderate Risk