HDFC Dynamic Debt Plan - Growth
HDFC Dynamic Debt Plan - Growth4Morning Star
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Min amount: ₹500
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|Fund Type||Dynamic Bond|
|Exit Load||0.5% for 181 Days|
More about this fund
|Reliance Industries Limited||9.24%|
|7.26% Govt Stock 2029||7.1%|
|8.21% RJ SDL Spl 2022||6.96%|
|Union Bank Of India||6.49%|
|7.17% Govt Stock 2028||6.18%|
|Mahanagar Telephone Nigam Limited||4.6%|
|State Bank Of India||4.55%|
|8.39% RJ SDL Spl 2022||4.44%|
|8.21% HR SDL Spl 2022||4.42%|
About HDFC Dynamic Debt Fund
HDFC Dynamic Debt Fund is an open-ended scheme which invests in debts and money market instruments. The investments are made based on the expected interest rate across sovereign as well as corporate debt curves. The suggested timeframe for the fund is between 12-18 months.
Pros & Cons of HDFC Dynamic Debt Fund
HDFC Dynamic Debt Fund offers the following benefits: 1. The scheme is aimed at providing income and capital appreciation over a medium to long-term. 2. The fund returns are higher than average category returns over a period of five years. 3. The risk could be higher than the benchmark.
Fund Information and Statistics of HDFC Dynamic Debt Fund
i) Inception / Launch date
The HDFC Dynamic Debt Fund was started on April 28, 1997, HDFC Mutual Fund.
ii) Risk level
Your investments in this fund will be at moderate risk. One should only invest if the investment horizon is long-term to ensure decent returns.
The units can be redeemed on any business day based on the NAV prices. Under normal circumstances, your fund house will dispatch the redemption proceeds within 3-4 business days.
iv) Fund Manager
The fund is being managed by Anil Bamboli since June 2004. He is a CFA and holds a Masters in Management Studies (Finance). Before joining HDFC, he has worked with SBI Fund Management for 11 years.
v) Entry / Exit load
The fund house does not charge any entry load or exit load if redeemed after six months of allotment. However, a 0.5% exit load is charged if redeemed before 6 months from the date of allotment.
Tax benefits of investing in HDFC Dynamic Debt Fund
The Short-term capital gain tax will be levied on unitholders as per the income tax slab rate if units are held for less than 36 months. A long-term capital gains tax of 20% is applicable with indexation if units are held for more than three years.
About HDFC Mutual Fund
Being one of the leading mutual fund investment companies, HDFC Mutual Fund offers a wide array of mutual fund products for its customers, investors and patrons. The schemes vary from Fund of Funds (FOFs), to liquid fund to equity funds and regular debt fund amongst a wide range of other mutual fund products
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Min amount: ₹500
All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns