HDFC Hybrid Debt Fund Direct Growth
HybridConservative AllocationModerately High risk
Direct
NAV (18-Jun-25)
₹87.22-0.09%1D
Returns (Since Inception)
10.04%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹3,406 Cr
Expense Ratio
1.14%
ISIN
INF179K01XE6
Minimum SIP
₹100
Exit Load
1.00%
Inception Date
01 Jan 2013
About this fund
HDFC Hybrid Debt Fund Direct Growth is a Conservative Allocation mutual fund schemes offered by HDFC Mutual Fund. This fund has been in existence for 12 years, 5 months and 18 days, having been launched on 01-Jan-13.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹87.22, Assets Under Management (AUM) of 3406.09 Crores, and an expense ratio of 1.14%.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹87.22, Assets Under Management (AUM) of 3406.09 Crores, and an expense ratio of 1.14%.
- HDFC Hybrid Debt Fund Direct Growth has given a CAGR return of 10.04% since inception.
- The fund's asset allocation comprises around 21.61% in equities, 74.82% in debts, and 3.31% in cash & cash equivalents.
- You can start investing in HDFC Hybrid 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
+7.53%
+7.75% (Cat Avg.)
3 Years
+12.87%
+10.72% (Cat Avg.)
5 Years
+13.00%
+10.94% (Cat Avg.)
10 Years
+9.62%
+8.69% (Cat Avg.)
Since Inception
+10.04%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Equity | ₹735.93 Cr | 21.61% |
| Debt | ₹2,548.34 Cr | 74.82% |
| Others | ₹121.83 Cr | 3.58% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 7.34% Govt Stock 2064 | Bond - Gov't/Treasury | ₹122.41 Cr | 3.59% |
| 7.09% Govt Stock 2054 | Bond - Gov't/Treasury | ₹118.83 Cr | 3.49% |
| 7.23% Govt Stock 2039 | Bond - Gov't/Treasury | ₹107.32 Cr | 3.15% |
| 7.3% Govt Stock 2053 | Bond - Gov't/Treasury | ₹90.13 Cr | 2.65% |
| ICICI Bank Ltd | Equity | ₹85.3 Cr | 2.50% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹84.54 Cr | 2.48% |
| 7.18% Govt Stock 2037 | Bond - Gov't/Treasury | ₹74.55 Cr | 2.19% |
| 6.79% Govt Stock 2034 | Bond - Gov't/Treasury | ₹72.52 Cr | 2.13% |
| HDFC Bank Ltd | Equity | ₹68.07 Cr | 2.00% |
| 6.68% Govt Stock 2031 | Bond - Gov't/Treasury | ₹67.19 Cr | 1.97% |
| Net Current Assets | Cash | ₹61.27 Cr | 1.80% |
| Altius Telecom Infrastructure Trust | Bond - Corporate Bond | ₹56.09 Cr | 1.65% |
| National Highways Authority Of India | Bond - Corporate Bond | ₹52.92 Cr | 1.55% |
| 6.33% Government Of India | Bond - Gov't/Treasury | ₹52.83 Cr | 1.55% |
| 7.37% Housing & Urban Development Corp Ltd. ** | Bond - Corporate Bond | ₹51.91 Cr | 1.52% |
| Pipeline Infrastructure Private Limited | Bond - Corporate Bond | ₹51.82 Cr | 1.52% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹51.72 Cr | 1.52% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹51.49 Cr | 1.51% |
| Treps - Tri-Party Repo | Cash - Repurchase Agreement | ₹51.35 Cr | 1.51% |
| Export-Import Bank Of India | Bond - Corporate Bond | ₹51.22 Cr | 1.50% |
| 6.99% Govt Stock 2034 | Bond - Gov't/Treasury | ₹51.04 Cr | 1.50% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹50.98 Cr | 1.50% |
| TATA Motors Limited | Bond - Corporate Bond | ₹50.84 Cr | 1.49% |
| TATA Motors Limited | Bond - Corporate Bond | ₹50.81 Cr | 1.49% |
| Muthoot Finance Ltd. | Bond - Corporate Bond | ₹50.78 Cr | 1.49% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹50.71 Cr | 1.49% |
| Rec Limited | Bond - Corporate Bond | ₹50.53 Cr | 1.48% |
| 7.09% Govt Stock 2074 | Bond - Gov't/Treasury | ₹41.2 Cr | 1.21% |
| State Bank of India | Equity | ₹40.62 Cr | 1.19% |
| Axis Bank Ltd | Equity | ₹38.92 Cr | 1.14% |
| 7.41% Govt Stock 2036 | Bond - Gov't/Treasury | ₹37.89 Cr | 1.11% |
| 7.36% Govt Stock 2052 | Bond - Gov't/Treasury | ₹37.43 Cr | 1.10% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹37.33 Cr | 1.10% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹36.9 Cr | 1.08% |
| 6.54% Govt Stock 2032 | Bond - Gov't/Treasury | ₹35.86 Cr | 1.05% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹35.72 Cr | 1.05% |
| Reliance Industries Ltd | Equity | ₹35.52 Cr | 1.04% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹30.86 Cr | 0.91% |
| The Tata Power Company Limited | Bond - Corporate Bond | ₹29.51 Cr | 0.87% |
| 7.26% Govt Stock 2033 | Bond - Gov't/Treasury | ₹26.58 Cr | 0.78% |
| Infosys Ltd | Equity | ₹26.57 Cr | 0.78% |
| Housing And Urban Development Corporation Limited | Bond - Corporate Bond | ₹26.56 Cr | 0.78% |
| Housing And Urban Development Corporation Limited | Bond - Corporate Bond | ₹26.54 Cr | 0.78% |
| Rec Limited | Bond - Corporate Bond | ₹26.46 Cr | 0.78% |
| 6.92% Govt Stock 2039 | Bond - Gov't/Treasury | ₹26.18 Cr | 0.77% |
| 7.26% Ntpc Limited | Bond - Corporate Bond | ₹26.16 Cr | 0.77% |
| State Bank of India | Bond - Corporate Bond | ₹26.12 Cr | 0.77% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹26.09 Cr | 0.77% |
| TVS Credit Services Limited | Bond - Corporate Bond | ₹26.06 Cr | 0.77% |
| Bharti Airtel Ltd | Equity | ₹25.99 Cr | 0.76% |
| Power Finance Corp Ltd. | Bond - Corporate Bond | ₹25.79 Cr | 0.76% |
| Larsen & Toubro Ltd | Equity | ₹25.73 Cr | 0.76% |
| Cholamandalam Investment And Finance Company Limited | Bond - Corporate Bond | ₹25.65 Cr | 0.75% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹25.6 Cr | 0.75% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹25.58 Cr | 0.75% |
| Housing and Urban Development Corporation, Ltd. | Bond - Gov't Agency Debt | ₹25.5 Cr | 0.75% |
| Grasim Industries Ltd | Bond - Corporate Bond | ₹25.47 Cr | 0.75% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹25.45 Cr | 0.75% |
| 6.95% Govt Stock 2061 | Bond - Gov't/Treasury | ₹25.3 Cr | 0.74% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹25.16 Cr | 0.74% |
| NTPC Ltd. | Bond - Corporate Bond | ₹25.15 Cr | 0.74% |
| ITC Ltd | Equity | ₹25.08 Cr | 0.74% |
| HDFC Ergo General Insurance Company Limited | Bond - Corporate Bond | ₹24.87 Cr | 0.73% |
| 6.67% Govt Stock 2050 | Bond - Gov't/Treasury | ₹24.81 Cr | 0.73% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹24.8 Cr | 0.73% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹24.69 Cr | 0.72% |
| Tata Consultancy Services Ltd | Equity | ₹22.94 Cr | 0.67% |
| Kotak Mahindra Bank Ltd | Equity | ₹20.75 Cr | 0.61% |
| 6.9% Govt Stock 2065 | Bond - Gov't/Treasury | ₹20.13 Cr | 0.59% |
| NTPC Ltd | Equity | ₹20.03 Cr | 0.59% |
| Embassy Office Parks REIT | Equity - REIT | ₹19.07 Cr | 0.56% |
| Cipla Ltd | Equity | ₹18.91 Cr | 0.56% |
| Goi 19.03.2027 Gov | Bond - Gov't/Treasury | ₹18.7 Cr | 0.55% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹16.44 Cr | 0.48% |
| HCL Technologies Ltd | Equity | ₹16.37 Cr | 0.48% |
| VAJRA 006 TRUST | Bond - Asset Backed | ₹14.16 Cr | 0.42% |
| Lupin Ltd | Equity | ₹13.93 Cr | 0.41% |
| SBI Life Insurance Co Ltd | Equity | ₹13.59 Cr | 0.40% |
| 6.67% Govt Stock 2035 | Bond - Gov't/Treasury | ₹12.88 Cr | 0.38% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹12.44 Cr | 0.37% |
| 6.19% Govt Stock 2034 | Bond - Gov't/Treasury | ₹12.41 Cr | 0.36% |
| 7.25% Govt Stock 2063 | Bond - Gov't/Treasury | ₹10.51 Cr | 0.31% |
| Power Grid Corp Of India Ltd | Equity | ₹10.51 Cr | 0.31% |
| NHPC Ltd | Equity | ₹10.49 Cr | 0.31% |
| Mahindra Rural Housing Finance Limited | Bond - Corporate Bond | ₹10.36 Cr | 0.30% |
| Hindustan Petroleum Corp Ltd | Equity | ₹10.28 Cr | 0.30% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹10.26 Cr | 0.30% |
| Coal India Ltd | Equity | ₹9.93 Cr | 0.29% |
| Oil & Natural Gas Corp Ltd | Equity | ₹9.58 Cr | 0.28% |
| Bharat Petroleum Corp Ltd | Equity | ₹9.55 Cr | 0.28% |
| Mahindra & Mahindra Ltd | Equity | ₹9.25 Cr | 0.27% |
| Corporate Debt Market Development Fund | Mutual Fund - Open End | ₹9.21 Cr | 0.27% |
| Power Finance Corp Ltd | Equity | ₹8.93 Cr | 0.26% |
| Hero MotoCorp Ltd | Equity | ₹8.62 Cr | 0.25% |
| Bajaj Auto Ltd | Equity | ₹8.61 Cr | 0.25% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹7.68 Cr | 0.23% |
| Union Bank of India | Equity | ₹7.34 Cr | 0.22% |
| Finolex Cables Ltd | Equity | ₹7.3 Cr | 0.21% |
| Tata Motors Ltd | Equity | ₹7.2 Cr | 0.21% |
| Aurobindo Pharma Ltd | Equity | ₹7.13 Cr | 0.21% |
| Escorts Kubota Ltd | Equity | ₹6.64 Cr | 0.20% |
| Gateway Distriparks Ltd | Equity | ₹6.37 Cr | 0.19% |
| Goodyear India Ltd | Equity | ₹6.2 Cr | 0.18% |
| REC Ltd | Equity | ₹6.03 Cr | 0.18% |
| Great Eastern Shipping Co Ltd | Equity | ₹5.58 Cr | 0.16% |
| JK Paper Ltd | Equity | ₹5.49 Cr | 0.16% |
| CIE Automotive India Ltd | Equity | ₹5.4 Cr | 0.16% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹5.29 Cr | 0.16% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹5.29 Cr | 0.16% |
| 6.99% Govt Stock 2051 | Bond - Gov't/Treasury | ₹5.14 Cr | 0.15% |
| Tamil Nadu (Government of) 7.6% | Bond - Sub-sovereign Government Debt | ₹4.27 Cr | 0.13% |
| Swaraj Engines Ltd | Equity | ₹3.77 Cr | 0.11% |
| Indus Infra Trust Unit | Equity | ₹3.08 Cr | 0.09% |
| Andhra Pradesh (Government of) 7.64% | Bond - Sub-sovereign Government Debt | ₹0.85 Cr | 0.02% |
| 8.15% Govt Stock 2026 | Bond - Gov't/Treasury | ₹0.35 Cr | 0.01% |
Allocation By Market Cap (Equity)
Large Cap Stocks
18.14%
Mid Cap Stocks
1.64%
Small Cap Stocks
1.18%
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹292.63 Cr | 8.59% |
| Energy | ₹74.86 Cr | 2.20% |
| Technology | ₹65.87 Cr | 1.93% |
| Healthcare | ₹65.13 Cr | 1.91% |
| Industrials | ₹64.07 Cr | 1.88% |
| Consumer Cyclical | ₹49.04 Cr | 1.44% |
| Utilities | ₹41.03 Cr | 1.20% |
| Communication Services | ₹33.67 Cr | 0.99% |
| Consumer Defensive | ₹25.08 Cr | 0.74% |
| Basic Materials | ₹5.49 Cr | 0.16% |
Risk & Performance Ratios
Standard Deviation
This fund
4.09%
Cat. avg.
3.91%
Lower the better
Sharpe Ratio
This fund
1.30
Cat. avg.
0.85
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.54
Higher the better
Fund Managers
Shobhit Mehrotra
Since September 2007
SR
Srinivasan Ramamurthy
Since December 2021
DM
Dhruv Muchhal
Since June 2023
Additional Scheme Detailsas of 31st May 2025
ISIN | INF179K01XE6 | Expense Ratio | 1.14% | Exit Load | 1.00% | Fund Size | ₹3,406 Cr | Age | 12 years 5 months | Lumpsum Minimum | ₹100 | Fund Status | Open Ended Investment Company | Benchmark | Nifty 50 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 Conservative Allocation Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Nippon India Capital Protection Oriented Fund II Plan A Direct Growth Low Risk | - | - | ₹40.32 Cr | 9.7% |
| Nippon India Capital Protection Oriented Fund II Plan A Regular Growth Low Risk | - | - | ₹40.32 Cr | 8.9% |
| SBI Capital Protection Oriented Fund Series A (Plan 8) Direct Growth Low to Moderate Risk | - | - | ₹29.47 Cr | 6.6% |
| SBI Capital Protection Oriented Fund Series A (Plan 8) Regular Growth Low to Moderate Risk | - | - | ₹29.47 Cr | 6.0% |
| ICICI Prudential Regular Savings Fund Direct Growth High Risk | 1.0% | 1.0% | ₹3188.48 Cr | 9.8% |
| Navi Regular Savings Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹35.76 Cr | 11.3% |
| Bandhan Regular Savings Fund Direct Growth Moderately High risk | 1.1% | 0.0% | ₹116.61 Cr | 7.2% |
| Nippon India Hybrid Bond Fund Direct Growth High Risk | 1.1% | 1.0% | ₹885.65 Cr | 9.4% |
| ITI Conservative Hybrid Fund Regular Growth Moderate Risk | 1.6% | 0.0% | ₹14.80 Cr | 7.4% |
| ITI Conservative Hybrid Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹14.80 Cr | 8.9% |
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 Moderately High risk
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What is the current NAV of HDFC Hybrid Debt Fund Direct Growth?
The NAV of HDFC Hybrid Debt Fund Direct Growth, as of 18-Jun-2025, is ₹87.22.
What are the returns of HDFC Hybrid Debt Fund Direct Growth?
The fund has generated 7.53% over the last 1 year and 12.87% 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 Hybrid Debt Fund Direct Growth?
The fund's allocation of assets is distributed as 21.61% in equities, 74.82% in bonds, and 3.31% in cash and cash equivalents.
Who manages the HDFC Hybrid Debt Fund Direct Growth?
The fund managers responsible for HDFC Hybrid Debt Fund Direct Growth are:-
- Shobhit Mehrotra
- Srinivasan Ramamurthy
- 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.