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HDFC Corporate Bond Fund
Corporate bond funds are required to invest at least 80% of the portfolio in corporate
bonds rated AA+ or higher. HDFC Corporate Bond Fund has invested 100% of its
holdings in AAA rated or equivalent securities as on July 10, 2020.+
For the complete portfolio, please refer our website +
www.hdfcfund.com
HDFC Corporate Bond Fund focuses on returns mainly through interest accruals and
seeks to maintain the Macaulay Duration of its portfolio between 2 and 4 years.(3.57 years as on July 10, 2020)
$
As on July 10, 2020, the fund had an average maturity of 4.40 years and a portfolio
YTM of 5.53% @
A three year investment in HDFC Corporate Bond Fund has always yielded a return of
more than 7.25% ^*
FUNDPOINTERS
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BONDS
Invests in AA+ or
higher rated
July 2020
SIP - Systematic Investment Plan@Computed on invested amount
^Based on 3 years rolling returns calculated on a daily rolling basis since inception, i.e. June 28, 2013, till June 30, 2020.
*Past performance may or may not be sustained in future. Returns are not assured. The above returns are of regular plan -growth option. HDFC Mutual Fund/AMC is not guaranteeing any returns on investments made in this Fund. Refer complete performance details overleaf.
$As per current investment strategy which is subject to change depending on the market conditions.
knowledge series
Scheme Managing Scheme since Last 1 year (%) Last 3 years (%) Last 5 years (%)
HDFC Liquid Fund 27 October, 2015 5.43 6.50 6.87
Benchmark - CRISIL Liquid Fund Index 5.81 6.81 7.03
HDFC Low Duration Fund 27 October, 2015 8.19 7.21 7.47
Benchmark - NIFTY Low Duration Debt Index 8.03 7.58 7.74
HDFC FMP 1381D September 2018 (1) 19 September, 2018 11.78 N.A. N.A.
Benchmark - CRISIL Composite Bond Fund Index 13.08 N.A. N.A.
Performance of other funds managed by Anupam Joshi, Fund Manager of HDFC Corporate Bond Fund
(who manages total 20 schemes which have completed one year)
HDFC Corporate Bond Fund
Period Scheme Returns (%)Benchmark Returns (%)
#
Additional Benchmark
Returns (%) ##
Value of ` 10,000 invested
Scheme (`) Benchmark (`) #Additional Benchmark
(`) ##
Last 1 Year 12.22 12.13 11.12 11,222 11,213 11,112
Last 3 Years 8.90 8.37 6.87 12,917 12,729 12,208
Last 5 Years 9.09 8.75 8.44 15,460 15,221 15,004
Since Inception* 9.10 8.78 7.18 23,912 23,227 20,018
HDFC Corporate Bond Fund - Performance - Regular Plan - Growth Option
* # Inception date - June 29, 2010. The Scheme is managed by Mr. Anupam Joshi since October 27, 2015. Benchmark Index: NIFTY Corporate Bond Index.
##Additional Benchmark Index: CRISIL 10 year Gilt Index. Performance of dividend option under the schemes for the investors would be net of distribution tax, if any.
Note: Effective close of business hours of May 8, 2018, HDFC Medium Term Opportunities Fund (HMTOF) underwent changes in Fundamental Attributes and was renamed as
HDFC Corporate Bond Fund (HCBF) and HDFC Floating Rate Income Fund – Long Term Plan and HDFC Gilt Fund – Short Term Plan were merged therein. As the portfolio
structuring of HCBF closely resembles the erstwhile HMTOF, the past performance of HMTOF is provided, in line with SEBI circular on Performance disclosure post
consolidation/ merger of scheme dated April 12, 2018.
NAV as at June 30, 2020
` 23.9123 (Per Unit)
Performance of Top 3 schemes managed by Anupam Joshi
Scheme Managing Scheme since Last 1 year (%) Last 3 years (%) Last 5 years (%)
HDFC FMP 1208D March 2018(1) 16 March, 2018 9.60 N.A. N.A.
Benchmark - CRISIL Composite Bond Fund Index 13.08 N.A. N.A.
HDFC FMP 1141D August 2018(1) 14 August, 2018 8.25 N.A. N.A.
Benchmark - CRISIL Composite Bond Fund Index 13.08 N.A. N.A.
HDFC FMP 1487D August 2018(1) 4 September, 2018 9.92 N.A. N.A.
Benchmark - CRISIL Composite Bond Fund Index 13.08 N.A. N.A.
Performance of Bottom 3 schemes managed by Anupam Joshi
Notes common to all the above tables:
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan
and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission
charged in the Regular Plan. Load is not taken into consideration for computation of performance. N.A. : Not Available. Returns as on June 30, 2020. The above returns are of
Regular Plan-Growth Option. Performance of dividend option under the schemes for the investors would be net of distribution tax , if any.
Performance of FMP schemes, being close-ended in nature, is not strictly comparable with that of open-ended schemes since the investment strategy for FMP schemes is
primarily buy-and-hold whereas open-ended schemes are actively managed. Top 3 and bottom 3 schemes managed by the Fund Manager have been derived on the basis of
since inception returns vis-à-vis the benchmark. In case the benchmark is not available on the Scheme's inception date, the returns for the concerned scheme is considered
from the date the benchmark is available. On account of difference in the type of the Scheme, asset allocation, investment strategy, inception dates, the performance of these
schemes is strictly not comparable.
MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.
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* Investors should consult their financial advisers, if in doubt about whether the product is suitable for them.
HDFC Corporate Bond Fund (An open ended debt scheme predominantly investing
in AA+ and above rated corporate bonds) is suitable for investors who are seeking*
Ÿ Income over short to medium term
Ÿ To generate income/capital appreciation through investments predominantly in
AA+ and above rated corporate bonds
Riskometer
SIP Performance - HDFC Corporate Bond Fund - Regular Plan - Growth OptionSIP since inception of ̀ 10,000 invested systematically on the first business day of every month (total investment ̀ 12.10 lakh) in HDFC Corporate Bond Fund would have grown *
to ~ ̀ 19.6 lakh by June 30, 2020 (refer below table).
SIP Investments Since Inception* 10 year SIP 5 year SIP 3 year SIP 1 year SIP
Total Amount Invested (` in 000) 1,210.00 1,200.00 600.00 360.00 120.00
Market Value as on June 30, 2020 (` in 000) 1,961.19 1,937.27 762.23 422.17 128.54
Returns (%) 9.26 9.26 9.51 10.64 13.52
Benchmark Returns (%) # 9.03 9.04 9.04 10.03 12.95
Additional Benchmark Returns (%) ## 8.05 8.06 8.59 10.29 10.37
CAGR returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of return). The above investment simulation is for illustrative purposes only
and should not be construed as a promise on minimum returns and safeguard of capital. SIP - Systematic Investment Plan.