HDFC Low Duration Retail Plan Growth
HDFC Low Duration Retail Plan Growth4Morning Star
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Min amount: ₹500
- Fund Summary
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|Risk||Moderately Low risk|
|Fund Type||Low Duration|
More about this fund
|National Housing Bank||3.14%|
|6.79% Govt Stock 2027||2.55%|
|Rural Electrification Corporation Limited||2.51%|
|48 DCMB 23032020||2.34%|
|Power Finance Corporation Ltd.||2.04%|
|7.59% Govt Stock 2026||1.99%|
|Housing Development Finance Corporation Limited||1.97%|
|Housing Development Finance Corporation Limited||1.88%|
|Union Bank Of India||1.48%|
|Power Finance Corporation Ltd.||1.45%|
About HDFC Low Duration Fund
The scheme seeks out to produce income / capital appreciation by means of investments in debt securities and money market instruments. It currently has an AUM of ?9,352.83 crore. HDFC Low Duration Fund has been benchmarked against Crisil 1 Yr T-Bill Index as main index and Crisil Liquid Fund Index as secondary index. Among its top 3 the fund has exposure to ONGC Petro additions Ltd. (OPAL), Housing Development Fin. Corp. Ltd. and Indiabulls Housing Finance Ltd.
Benefits of HDFC Low Duration Fund
HDFC Low Duration offers the following benefits
- The fund’s returns are benchmarked to Crisil short-term bond.
- The open ended fund has given 8.13 percent returns since launch. On December 31, 2016, it had assets worth Rs. 3978 crore.
- The short-term fund has contenders like Birla Sun life short term fund, BOI AXA short term income fund, escorts short term debt fund and Reliance Medium Term fund.
Fund Info and Statistics of HDFC Low Duration Fund
i) Inception / Launch date
The HDFC Low Duration fund was first made available on 18-Nov-1999
ii) Risk level
The investment in this scheme would be subject to a risk level of Low.
Units can be redeemed by a repurchase/buyback by the fund house. Under usual conditions, your fund house will dispatch the redemption proceeds within 10 business days from date of receipt of request.
iv) Fund Manager
The HDFC Low Duration Fund is managed by Anupam Joshi since October 2015. Mr. Anupam Joshi has over 10 years of experience in Portfolio Management & Dealing.
v) Entry / Exit load
- Entry Load: 0.00
- Exit Load: 0.00
Tax benefits of investing in HDFC Low Duration Fund
The short-term capital gains made on sale of units within 3 years from the date of allotment will be taxed at the income tax slab rates of the investor. The long term capital gains made on sale of units after 3 years from the date of allotment will be taxable at the rate of 20% (with benefit of indexation).
About HDFC Asset Management
HDFC Mutual Fund was amalgamated under the Companies Act of 1956, on December 10, 1999. Later, it was approved to act as an Asset Management Company for the HDFC Mutual Fund by SEBI. The registered office of the HDFC AMC is located at Ramon House, 3rd Floor, H.T. Parekh Marg, 169, Backbay Reclamation, Churchgate, Mumbai - 400 020.
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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