|Min SIP Amount||₹500|
|NAV||₹18.42 (07 May 2021)|
|Fund Started||26 Mar 2014|
|Fund Size||₹9,844 Cr|
HDFC Banking and PSU Debt Fund Direct Growth is a Debt Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was made available to investors on 26 Mar 2014. Anil Bamboli, Rakesh Vyas is the Current Fund Manager of HDFC Banking and PSU Debt Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹9,844 Cr and the Latest NAV as of 07 May 2021 is ₹18.42.
The HDFC Banking and PSU Debt Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.
The scheme seeks to generate income / capital appreciation through investments in debt and money market instruments consisting predominantly of securities issued by entities such as Scheduled Commercial Banks (SCBs), Public Sector undertakings (PSUs), Public Financial Institutions (PFIs), Municipal Corporations and such other bodies.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.