Hdfc Mutual Fund In India.docx

HDFC MUTUAL FUND

Sponsors-: Housing Development Finance Corporation Limited (HDFC) HDFC was incorporated in 1977 as the first specialized mortgage company in India. HDFC provides financial assistance to individuals, corporate and developers for the purchase or construction of residential housing. It also provides property related services (e.g. property identification, sales services and valuation), training and consultancy. Of these activities, housing finance remains the dominant activity. HDFC has a client base of around 12 Lac borrowers , around 8 Lac depositors, over 1.08 Lac shareholders and 50,000 deposit agents, as at march 31, 2008. HDFC has raised funds from international agencies SUCH AS the world bank, IFC (Washington), Usaid, DEG, ABD and KFW, international syndicated loans, domestic term loans from banks and insurance companies, bonds and deposits. HDFC has received the highest rating for its bonds and deposits program for the thirteenth year in succession. HDFC standard life insurance company limited, promoted by HDFC was the first life insurance company in the private sector to be granted a certificate of registration (on October 23, 2000) by the insurance regulatory and development authority to transact life insurance business in India.

. Standard Life Investments Limited-: The standard life assurance company was established in 1825 and has considerable experience in global financial markets. The company was present in the Indian life insurance market from 1847 to 1938 when agencies were set up in Kolkata and Mumbai. The company re-entered the Indian market in 1995, when an agreement was signed with HDFC to launch an insurance joint venture. on April 2006, the board of the standard life assurance company recommended that it should demutualise and standard life plc float on the London stock exchange. At a special general meeting held in may voting members over Whelmingly 171

voted in favour of this. The court of session in Scotland approved this in June and standard life plc floated on the London stock exchange on 10th July 2006.standard life investments is leading asset management company, with approximately us$ 267 billion as at march 31, 2008, of assets under management. The company operates in the UK, Canada, Hong Kong, china, Korea, Ireland, Paris, Sydney and the USA to ensure it is able to form a truly global investment view. In order to meet the different needs and risk profiles of its clients, standard life investments limited manages a diverse portfolio covering all of the major markets world-wide, which includes a range of private and public equities, government and company bonds, property investments and various derivative instruments.

Trustee -: HDFC trustee company limited, a company incorporated under the companies act, 1956 is the trustee to HDFC mutual fund vide the trust deed dated June 8, 2000, as amended from time to time. HDFC trustee company ltd is wholly owned subsidiary of HDFC.

HDFC Asset Management Company Limited-: HDFC asset management company ltd (AMC) was incorporated under the companies act, 1956, on December 10, 1999, and was approved to act as an asset management company for the HDFC mutual fund by SEBI vide its letter dated July 3, 2000. HDFC asset management company limited launched its scheme HDFC equity fund in the year January 1995 since then it focused on different class of schemes for many years and launched several innovative products that went to become bourgeoning categories in the Indian mutual fund industry. Some of these were HDFC growth fund, HDFC top 200 funds and HDFC balance fund, HDFC prudence fund etc. So that the HDFC asset management company ltd. Is a privately owned investment manager. The firm manages equity, fixed income, and balanced mutual funds for its clients. It also manages hedge funds for its clients. It also invests in private equity with a focus on real estate. The firm invests in public equity and fixed income markets. It employs fundamental analysis to make its investments. The firm was founded in 1999 and is based in Mumbai, Maharashtra. HDFC asset management company ltd. Operates as a subsidiary of housing development finance corporation limited. HDFC asset management company limited have office in 29 cities and currently manage assets in excess of Rs. 113354.1755 Crs. (as on 31-mar-2014).

SEBI Guideline For HDFC Asset Management Company -:

Sales, promotional or any other literature prepared by distributors any sales, promotional or any other literature, prepared by distributors regarding products/schemes of HDFC mutual fund, should adhere to the advertisement code prescribed under the SEBI mutual funds) regulations , 1996 and other applicable guidelines/circulars. The distributors largely should prepare sales, promotional or any other literature regarding products/schemes of HDFC mf from the prevailing HDFC mf library of marketing/sales related documents. To enable the AMC to have a proactive oversight, the distributors should file with HDFC mutual fund all sales, promotional or any other literature regarding products/schemes of HDFC mutual fund circulated by them. The same should be filed within 7 days from the date of issue at the following address: the chief compliance officer, HDFC asset management company limited, “HUL house”, 2nd floor, h. T. Parekh Marg, 165-166, Backbay reclamation, church gate, Mumbai - 400 020. 175

net asset value (NAV related prices which are declared on a daily basis. The key feature of open-end schemes is liquidity.

5.7.2. Close-Ended Fund/ SchemeA close-ended fund or scheme has a stipulated maturity period e.g. 5-7 years. The fund is open for subscription only during a specified period at the time of launch of the scheme. Investors can invest in the scheme at the time of the initial public issue and thereafter they can buy or sell the units of the scheme on the stock exchanges where the units are listed. In order to provide an exit route to the investors, some close-ended funds give an option of selling back the units to the mutual fund through periodic repurchase at NAV related prices. SEBI regulations stipulate that at least one of the two exit routes is provided to the investor . either repurchase facility or through listing on stock exchanges. These mutual funds schemes disclose NAV generally on weekly basis. 5.7.3. Sector Specific Funds/SchemesThese are the funds/schemes which invest in the securities of onlysectorsor industries as specified in the offer documents. E.g. Pharmaceuticals, software, fastmoving consumer goods (FMCG), petroleum stocks, etc. The returns in these funds are dependent on the performance of the respective sectors/industries. While these funds may give higher returns, they are more risky compared to diversified funds. Investors need to keep a watch on performance of those sector /industries and must exit at an appropriate time. They may also seek advice of an expert. Tax Saving Schemes-

These schemes offer tax rebates to the investors under specific provisions of the income tax act, 1961as the government offers tax incentives for investment in specified avenues. E.g. Equity linked savings schemes (ELSS). Pension schemes launched by the mutual funds alsooffer tax benefits. These schemes are growth oriented and invest predominantly in equities. dominantly in equities. Their growth opportunities and Their growth opportunities and risk associated are like risks associated are like any equityoriented scheme.

SCHEME DETAILS OF HDFC MUTUAL FUND EQUITY SCHEMES Date: 27-Mar-2019 12:03 1-Year Return (%) 4.41

1-Year Rank

Net Assets (Cr)

1-Feb-94

Expense Ratio (%) 2.31

14/5

4157.41

1-Jan-13 1-Jan-95 1-Jan-13

1.02 2.05 1.4

5.87 12.92 13.92

14/5

1/45 2/45

4157.41 20464.91 20464.91

Unrated 11-Jul-17

-

7.79

6/12

684.83

HDFC Equity Opportunities Fund II 1100D June 2017 (1) - Regular Plan

Unrated 11-Jul-17

-

5.97

7/12

684.83

HDFC Equity Opportunities Fund II 1126D May 2017 (1) - Direct Plan

Unrated 9-Jun-17

-

7.75

7/12

1118.12

-

6.33

6/12

1118.12

HDFC Focused 30 Fund HDFC Focused 30 Fund - Direct Plan

Unrated 9-Jun-17 17-Sep** 04 ** 1-Jan-13

2.67 2

0.39 1.35

42/45 42/45

425.79 425.79

HDFC Growth Opportunities Fund Direct Plan

*

1-Jan-13

2.22

8.31

3/22

1190.24

HDFC Growth Opportunities Fund Regular Plan

***

18-Feb94

2.34

8.17

2/22

1190.24

HDFC Housing Opportunities Fund Series 1 1140D November 2017 (1) Direct Plan

30-NovUnrated 17

-

0.41

1/1

2949.99

Fund

Rating

Launch

HDFC Capital Builder Value Fund

***

HDFC Capital Builder Value Fund Direct Plan HDFC Equity Fund HDFC Equity Fund - Direct Plan

*** *** ***

HDFC Equity Opportunities Fund II 1100D June 2017 (1) - Direct Plan

HDFC Equity Opportunities Fund II 1126D May 2017 (1) - Regular Plan

HDFC Housing Opportunities Fund Series 1 1140D November 2017 (1) Regular Plan HDFC Index Fund - Sensex Plan

30-NovUnrated 17 *** 17-Jul-02

0.3

-1.36 16.43

1/1 13/91

2949.99 309.72

HDFC Index Fund - Sensex Plan - Direct Plan HDFC Index Fund Nifty 50 Plan

*** ***

1-Jan-13 17-Jul-02

0.1 0.3

16.63 14.38

2/91 32/91

309.72 562.6

HDFC Index Fund Nifty 50 Plan - Direct Plan

***

0.1

14.59

9/91

562.6

HDFC Infrastructure Fund HDFC Infrastructure Fund - Direct Plan HDFC Long Term Advantage Fund

* * ****

1-Jan-13 10-Mar08 1-Jan-13 2-Jan-01

2.48 1.83 -

-7.75 -6.98 8.68

15/21 14/21 -

783.24 783.24 1425

HDFC Long Term Advantage Fund Direct Plan

****

-

9.31

-

1425

HDFC Mid-Cap Opportunities Fund

****

1-Jan-13 25-Jun07

2.15

-1

7/23

20538.81

HDFC Mid-Cap Opportunities Fund Direct Plan HDFC Nifty 50 ETF

**** ****

1-Jan-13 7-Dec-15

1.22 0.05

0.09 14.82

8/23 19/91

20538.81 268.08

HDFC Retirement Savings Fund Equity Plan - Direct Plan

****

25-Feb16

1.42

4.87

29/45

606.37

25-Feb16

2.67

3.25

29/45

606.37

7-Dec-15

0.05

17

5/91

75.08

1-Jan-13

0.87

0.86

2/14

6311.85

3-Apr-08 31-Mar96 1-Jan-13 3-Sep-96 1-Jan-13

2.12

-0.65

2/14

6311.85

2.05 1.4 2.08 1.5

4.79 5.55 15.35 16.23

16/35 16/35 17/91 4/91

6798.94 6798.94 15162.94 15162.94

HDFC Retirement Savings Fund Equity Plan - Regular Plan

HDFC Small Cap Fund - Regular Plan

**** **** * **** * **** *

HDFC Taxsaver Fund HDFC Taxsaver Fund - Direct Plan HDFC Top 100 Fund HDFC Top 100 Fund - Direct Plan

*** *** **** ****

HDFC Sensex ETF HDFC Small Cap Fund - Direct Plan

ALL DEBT SCHEMES

Date: 27-Mar-2019 12:22 Fund HDFC Banking and PSU Debt Fund Direct Plan

Rating

Launch

1-Year Return (%)

Expense Ratio (%)

1-Year Rank

**

26-Mar14

0.35

7.56 12/16

HDFC Banking and PSU Debt Fund Regular Plan

**

26-Mar14

0.8

7.08 12/16

HDFC Charity Fund For Cancer Cure - Debt Plan - Direct Plan

Unrated

HDFC Charity Fund For Cancer Cure - Debt Plan - Regular Plan

Unrated

HDFC Corporate Bond Fund

****

27-Mar17 29-Jun10

HDFC Corporate Bond Fund - Direct Plan

***

HDFC Credit Risk Debt Fund - Direct Plan

**

HDFC Credit Risk Debt Fund Regular Plan

27-Mar17

Net Assets (Cr)

-

7.55

1/1

183.92

-

7.55

1/1

183.92

0.45

7.87

5/17

11792.71

1-Jan-13

0.4

7.98

5/17

11792.71

25-Mar14

1.14

6.89

11/18

16320.98

1.64

6.15

8/18

16320.98

1.85

3.25

26/26

787.07

**

25-Mar14 28-Apr97

**

1-Jan-13

1.25

3.88

26/26

787.07

Unrated

27-Jun18

-

-

-

211.37

Unrated

27-Jun18

-

-

-

211.37

HDFC Fixed Maturity Plans - 1183 Days - January 2016 (1) - Direct Plan Unrated

12-Jan16

-

7.38

344/418

57.01

HDFC Floating Rate Debt Fund Direct Plan

Unrated

1-Jan-13

0.23

7.78

2/12

9262.23

HDFC Floating Rate Debt Fund Retail Plan

Unrated

9-Jan-03

-

-

-

9262.23

HDFC Floating Rate Debt Fund Wholesale Plan

Unrated

23-Oct07

0.38

7.61

6/12

9262.23

HDFC Dynamic Debt Fund HDFC Dynamic Debt Fund - Direct Plan HDFC Fixed Maturity Plan - 1099 Days - June 2018 (1) - Direct Plan HDFC Fixed Maturity Plan - 1099 Days - June 2018 (1) - Regular Plan

**

HDFC Gilt Fund HDFC Gilt Fund - Direct Plan

*** ***

25-Jul-01 1-Jan-13 11-Sep00 1-Jan-13 17-Oct00 1-Jan-13 24-Feb03

0.9 0.55

7.27 7.65

23/26 20/26

1165.03 1165.03

HDFC Income Fund HDFC Income Fund - Direct Plan

** **

2.16 1.71

5.84 6.38

14-Dec 14-Dec

804.06 804.06

HDFC Liquid Fund HDFC Liquid Fund - Direct Plan

*** **

0.25 0.15

7.34 7.45

30/38 29/38

69396.55 69396.55

HDFC Liquid Fund - Premium Plan HDFC Low Duration Fund - Direct Plan HDFC Low Duration Fund - Retail Plan

***

-

7.45

-

69396.55

0.41

7.68

23/26

12094.72

**

1-Jan-13 18-Nov99

1.01

7.01

24/26

12094.72

HDFC Low Duration Fund Wholesale Plan HDFC Medium Term Debt Fund

Unrated ***

23-Apr07 6-Feb-02

1.29

6.61

6/16

12094.72 1101.85

HDFC Medium Term Debt Fund Direct Plan

***

1-Jan-13 18-Nov99

0.49

7.47

6/16

1101.85

0.35

7.78

7/16

5033.72

0.15 0.2 0.1

8 6.21 6.3

10/16 2/3 3/3

5033.72 7801.2 7801.2

0.4

7.65

5/28

7316.12

*

HDFC Money Market Fund HDFC Money Market Fund - Direct Plan HDFC Overnight Fund HDFC Overnight Fund - Direct Plan

***

HDFC Short Term Debt Fund

*****

1-Jan-13 6-Feb-02 1-Jan-13 25-Jun10

HDFC Short Term Debt Fund Direct Plan

****

1-Jan-13

0.25

7.81

13/28

7316.12

HDFC Ultra Short Term Fund Direct Plan

Unrated

25-Sep18

0.3

-

-

3030.86

Unrated

25-Sep18

0.6

-

-

3030.86

HDFC Ultra Short Term Fund Regular Plan

** Unrated Unrated

Some popular schemes of HDFC Mutual Fund

ANALYSIS OF 2 EQUITY SCHEMES OF HDFC MUTUAL FUND 1. HDFC EQUITY FUND

Investment Objective The scheme seeks to generate capital appreciation / income from a portfolio, predominantly invested in equity & equity related instruments.

2. HDFC growth Opportunities Fund

Investment Objective The scheme seeks to generate long term capital appreciation/income from a portfolio, predominantly invested in equity and equity related instruments.

3. HDFC CORPORATE BOND FUND

Investment Objective The scheme seeks to generate income/capital appreciation through investments predominantly in AA+ and above rated corporate bonds.

4. HDFC INCOME FUND

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