HDFC Income Direct Plan Growth+0.24%

9.99%
1 Year Return
Debt
Medium to Long Duration
2.0star
6M
1Y
3Y
5Y
All

Fund Details

HDFC Income Direct Plan Growth

RiskModerate
Min SIP Amount₹500
Expense Ratio1.71%
NAV48.97 (23 Oct 2020)
Fund Started01 Jan 2013
Fund Size676 Cr

Returns

1Y
3Y*
5Y*
Since inception*
HDFC Income Direct Plan Growth
10.0%
6.8%
7.6%
8.2%
Category Average
9.8%
6.8%
7.3%
-
Rank within category
10
12
12
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 10.0% annual returns

    Comparison

    Data not available
    Pros
    1. 5Y Returns are higher than the category average returns
    Cons
    1. Risk-adjusted returns are lower compared to the category
    2. Higher expense ratio - 1.71%
    3. 3Y Returns are lower than the category average returns

    Top Holdings

    NameSectorInstrument% Assets
    GOISovereignGOI Sec11.3%
    GOISovereignGOI Sec8.7%
    GOISovereignGOI Sec8.1%
    GOISovereignGOI Sec7.3%
    Punjab National BankFinancialBonds5.8%
    GOISovereignGOI Sec5.5%
    GOISovereignGOI Sec5.3%
    National Thermal Power Corp. Ltd.EnergyDebenture4.1%
    GOISovereignGOI Sec4.0%
    State Bank of IndiaFinancialNCD3.8%
    See All

    Fund Managers

    addShobhit Mehrotra
    Education
    He is an MBA from Clemson University, USA.
    Experience
    Prior to joining HDFC AMC he has worked with Templeton AMC, and ICRA.
    Funds Managed
    addAnand Laddha
    Education
    Mr. Laddha has done B.Com. and CA
    Experience
    Prior to joining HDFC Asset Management Company Limited, he has worked with Refco-Sify Securities India Pvt. Ltd. Last Position Held - AVP - FII Equity & Derivative Sales. Alchemy Share & Stock Brokers Pvt. Ltd. Last Position Held - Equity & Derivative Sales.
    Funds Managed
    addAmar Kalkundrikar
    Education
    Mr. Kalkundrikar has done B.Com, CA, CFA, and MBA from Columbia Business School.
    Experience
    Prior to joining Nippon India Mutual Fund, he has worked with HDFC Asset Management Company Limited where he has handled multiple roles in Investment – Equity function such as Portfolio Management for PMS business, & performing Equity research in various sectors such as Consumer Staples, Consumer Discretionary, Retail, Construction Materials.
    Funds Managed
    addChirag Dagli
    Education
    Mr. Dagli has done B. COM and Chartered Accountant.
    Experience
    Prior to joining HDFC AMC, he has worked with Aviva India Life Insurance Company Ltd., ICICI Securities Ltd., Pioneer Invest Corp, Deutsche Equities, Citigroup Global Markets.
    Funds Managed

    HDFC Income Direct Plan Growth Details

    HDFC Income Direct Plan Growth is a Debt Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Shobhit Mehrotra is the Current Fund Manager of HDFC Income Direct Plan Growth fund.The fund currently has an Asset Under Management(AUM) of ₹676 Cr and the Latest NAV as of 23 Oct 2020 is ₹48.97.

    The HDFC Income Direct Plan Growth is rated Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 0.25% if redeemed within 1 month

    Investment Objective

    The scheme seeks to generate income / capital appreciation through investments in debt and money market instruments.

    Tax Implications

    Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Exit load of 0.25% if redeemed within 1 month
    Exit Load

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    About HDFC Mutual Fund

    Address
    “HDFC House”, 2nd Floor, H.T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai 400020
    Phone
    022 6631 6333
    Launch Date
    30 Jun 2000
    Website
    NA
    HDFC Mutual Fund
    Asset Management Company
    Custodian
    HDFC Bank
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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