January 2019
GLOSSARY Sharpe Ratio Sharpe Ratio is a risk to reward ratio, it measures portfolio returns generated in excess to the investment in risk-free asset, for per unit of total risk taken. While, positive Sharpe ratio indicates, portfolio compensating investors with excess returns (over risk-free rate) for the commensurate risk taken; negative Sharpe ratio indicates, investors are better off investing in risk-free assets. Beta Beta (ß) of a portfolio is a number indicating the relation between portfolio returns with that of the market index i.e. it measure the volatility, or systematic risk, of a portfolio in comparison to the market as a whole. Modified Duration A formula that expresses the measurable change in the value of a security in response to a change in interest rates. Modified duration of portfolio can be used to anticipate the change in market value of portfolio for every change in portfolio yield. Standard Deviation A statistical measure that defines expected volatility/risk associated with a portfolio. This explains the variation/deviation from the average returns delivered by the portfolio. A higher standard deviation means higher volatility (risk) and a lower standard deviation means lower volatility. Risk Free Return The theoretical rate of return of an investment with safest (zero risk) investment in a country. Total Expense Ratio Total expenses charged to scheme for the month expressed as a percentage to average HOW TO READ FACTSHEET Fund Manager An employee of the asset management company such as a mutual fund or life insurer, who manages investments of the scheme. He is usually part of a larger team of fund managers and research analysts. Application Amount for Fresh Subscription This is the minimum investment amount for a new investor in a mutual fund scheme. Minimum Amount This is the minimum investment amount for an existing investor in a mutual fund scheme. Yield to Maturity The Yield to Maturity or the YTM is the rate of return anticipated on a bond if held until maturity. YTM is expressed as an annual rate. The YTM factors in the bond s current market price, par value, coupon interest rate and time to maturity. or systematic investment plan works on the principle of making periodic investments of a fixed sum. It works similar to a recurring bank deposit. For instance, an investor may opt for an that invests Rs 500 every 15th of the month in an equity fund for a period of three years. NAV The NAV or the net asset value is the total asset value per unit of the mutual fund after deducting all related and permissible expenses. The NAV is calculated at the end of every business day. It is the value at which the investor enters or exits the mutual fund. A group of securities, usually a market index, whose performance is used as a standard or benchmark to measure investment performance of mutual funds, among other investments. Some typical benchmarks include the NIFTY, Sensex, BSE200, BSE500, 10-Year Gsec. Entry Load A mutual fund may have a sales charge or load at the time of entry and/or exit to compensate the distributor/agent. Entry load is charged at the time an investor purchases the units of a mutual fund. The entry load is added to the prevailing NAV at the time of investment. For instance, if the NAV is Rs. 100 and the entry load is 1 %, the investor will enter the fund at Rs. 101. (Note: SEBI, vide circular dated June 30, 2009 has abolished entry load and mandated that the upfront commission to distributors will be paid by the investor directly to the distributor, based on his assessment of various factors including the service rendered by the distributor). Exit load is charged at the time an investor redeems the units of a mutual fund. The exit load is reduced from the prevailing NAV at the time of redemption. The investor will receive redemption proceed at net value of NAV less. For instance if the NAV is Rs. 100 and the exit load is 1%, the investor will receive Rs. 99. Modified Duration Modified duration is the price sensitivity and the percentage change in price for a unit change in yield. monthly net assets. Tracking Error Tracking error indicates how closely the portfolio return is tracking the benchmark Index return. It measures the deviation between portfolio return and benchmark index return. A lower tracking error indicates portfolio closely tracking benchmark index and higher tracking error indicates portfolio returns with higher deviation from benchmark index returns. Average Maturity Weighted average maturity of the securities in scheme. Portfolio Yield (Yield To Maturity) Weighted average yield of the securities in scheme portfolio. Portfolio Turnover Ratio Portfolio Turnover Ratio is the percentage of a fund s holdings that have changed in a given year. This ratio measures the fund s trading activity, which is computed by taking the lesser of purchases or sales and dividing by average monthly net assets. Macaulay Duration (Duration) Macaulay Duration (Duration) measures the price volatility of fixed income securities. It is often used in the comparison of interest rate risk between securities with different coupons and different maturities. It is defined as the weighted average time to cash flows of a bond where the weights are nothing but the present value of the cash flows themselves. It is expressed in years. The duration of a fixed income security is always shorter than its term to maturity, except in the case of zero coupon securities where they are the same. Standard Deviation Standard deviation is a statistical measure of the range of an investment s performance. When a mutual fund has a high standard deviation, its means its range of performance is wide, implying greater volatility. Sharpe Ratio The Sharpe Ratio, named after its founder, the Nobel Laureate William Sharpe, is a measure of risk-adjusted returns. It is calculated using standard deviation and excess return to determine reward per unit of risk. Beta Ratio (Portfolio Beta) Beta is a measure of an investment s volatility vis-a-vis the market. Beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 implies that the security s price will be more volatile than the market. Average portfolio PE (Average P/E) It is price to earnings ratio of the stocks calculated for the entire portfolio on a weighted average basis. Average portfolio price to book ratio (Average P/BV) It is price to book value of the stocks calculated for the entire portfolio on a weighted average basis. Average portfolio dividend yield (Average Dividend Yield) It is dividend yield of the stocks calculated for the entire portfolio on a weighted average basis. Net Equity Net equity level is the net equity exposure percentage adjusted for any derivative positions in stocks or index for hedging or rebalancing purpose. R Squared It is a statistical measure of how closely the portfolio returns are correlated with its benchmark. AUM AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm. Holdings The holdings or the portfolio is a mutual fund s latest or updated reported statement of investments/securities. These are usually displayed in terms of percentage to net assets or the rupee value or both. The objective is to give investors an idea of where their money is being invested by the fund manager. Nature of The and underlying investments determine the nature of the mutual fund scheme. For instance, a mutual fund that aims at generating capital appreciation by investing in stock markets is an equity fund or growth fund. Likewise, a mutual fund that aims at capital preservation by investing in debt markets is a debt fund or income fund. Each of these categories may have sub-categories. Rating Profile Mutual funds invest in securities after evaluating their creditworthiness as disclosed by the ratings. A depiction of the mutual fund in various investments based on their ratings becomes the rating profile of the fund. Typically, this is a feature of debt funds. 2 January 2019
Market Review Equity Market update In Jan19, Indian equity markets performance was mixed with SENSEX / NIFTY 50 ending flat amid concerns over slowdown in global growth, impending budget, rising oil prices and dovish commentary by US Federal Reserve. SENSEX / NIFTY 50 outperformed Midcaps / Smallcaps indices during the month as midcaps and smallcaps continued to correct. IT and Banks performed well while Auto, Capital goods, Metals and Power sectors underperformed. Performance of global equity markets was good with major indices in US, Europe and major Asian markets delivering positive returns on month-on-month (m-o-m) basis. However, this should be viewed in context of their underperformance in CY18. The table below gives the details of performance of key domestic and global indices. % Change in Indices CY 2018 1M S&P BSE India Auto (22.1) (11.2) S&P BSE India Bankex 5.3 1.2 S&P BSE India Capital Goods (1.6) (8.0) S&P BSE India FMCG 10.6 (1.8) S&P BSE India Healthcare (5.9) (0.3) S&P BSE India Metal (20.7) (7.4) S&P BSE India Power (16.1) (5.9) S&P BSE India Oil & Gas (15.6) (1.0) S&P BSE India IT 24.9 8.3 S&P BSE SENSEX 5.9 0.5 NIFTY 50 3.2 (0.3) NIFTY Midcap 100 (15.4) (5.4) NIFTY Smallcap (29.1) (4.9) % Change in Indices CY 2018 1M S&P 500 (6.2) 7.9 FTSE (12.5) 3.6 DAX (18.3) 5.8 CAC (11.0) 5.5 Nikkei (12.1) 3.8 Hang Seng (13.6) 8.1 KOSPI (17.3) 8.0 Shanghai (24.6) 3.6 MSCI Emerging Market Index (16.6) 8.7 During the month, Brent crude prices rose sharply by ~15% and closed at USD 61.9 per barrel. This was primarily driven by production cuts by OPEC and Russia. Further, concerns over fall in Venezuela s oil production also drove the prices higher. % Change CY 2018 1M Brent Crude (19.5) 15.0 Gold (1.6) 3.0 Steel (13.1) 1.2 Zinc (24.1) 8.3 Copper (16.7) 3.1 Aluminium (17.4) 1.6 Lead (19.5) 4.0 Most major commodities prices rose on m-o-m basis. With US Fed commentary turning dovish and progress in trade war negotiation between US and China, the metal prices increased during the month. Zinc was the major outperformer in commodities and rose by 8% m-o-m on back of fall in physical inventories on exchanges. Gold prices increased m-o-m on back of weakening USD and concerns over global growth. INR ended the month at 71.1 vs USD, down ~2% on back of rise in crude prices and negative FII flows. After being net buyers over past 2 months, FPIs turned net sellers and sold equity worth USD 0.6 bn in January 2019. Total FPI s Equity outflows in FY19YTD till January 2019 have been close to US$7.2bn. Equity oriented mutual funds flows moderated m-o-m, though still remained healthy on FYTD basis and provided a good counter balance in the markets. Net inflows in domestic equity oriented mutual funds in Dec18 and 9MFY19 were near Rs 66.5 bn and Rs 1,010 bn respectively. Out of the Q3FY19 results declared so far, results of corporate banks and construction companies were above expectations while for IT, Oil & Gas, Telecom, Metals, Agro chemicals & consumer staples were largely in line with expectations. Earnings for retail banks, wholesale focussed NBFCs, and Auto were below or slightly below expectations. NIFTY 50 is trading near 16.6x CY19 (e) and 14.2x CY20 (e).these are reasonable multiples especially in view of improving profit growth outlook. Markets thus hold promise over the medium to long term in our opinion. Adverse global events, rise in crude oil prices, sharp moderation in equity oriented mutual funds flows and delays in NPA resolution under NCLT are key risks in the near term. Outlook In view of the above and expected recovery in earnings, there is merit in increasing allocation to equities, especially in multi cap / large cap funds in a phased manner or in staying invested as the case may be (for those with a medium to long term view and in line with individual risk appetite). Debt Market update The yield on 10-year benchmark Gsec (7.17 GoI 2028) ended the month of January 2019 at 7.48%, up by 11 bps over the previous month end. New 10-year G-sec auction was held during the month and was issued at 7.26% and ended the month of January 2019 at 7.43%. The table below gives a summary view of movement of key rates & liquidity. CY18 Jan 19 Change 10Yr G-Sec Yield (%, 7.17 GoI 2028) 7.37 7.48 0.11 AAA 10Year Corporate Bond Yields 8.33 8.40 0.7 AAA 10Y corporate bond spread against 7.17 GS 2028 82 78-0.04 Yield (bps) Average liquidity absorbed / (infused) by RBI* -1,016-336 (INR bn) (approx.) MIBOR Overnight Rate 6.73 6.50-0.23 *Average daily liquidity infused / absorbed through Liquidity Adjustment Facility, exports refinance, marginal standing facility and term repos/reverse repos. To support liquidity, RBI conducted Open Market Operations (OMO) purchases of INR 500 billion in Jan19 and also announced plans to conduct further OMOs of INR 375 bn in Feb19. Net FII debt flows were marginally negative with outflows of USD 0.2 bn during the month as against inflows of USD 0.7 bn in Dec18. In the 10MFY19, net FII debt outflows aggregated to USD 7.0 bn as against inflows of USD 19.9 bn during the corresponding period last year. INR ended the month at 71.1, a m-o-m depreciation of 1.9% against USD on back of rise in crude prices (+15%). The annual rate of retail inflation, CPI declined marginally to 2.2%, down 10 bps m-o-m led by fall in food prices (mainly pulses, vegetables, fruits and sugar & confectionary). Core CPI (CPI excluding food, fuel, transportation & housing) however inched up to 6% from 5.6% a month ago, mainly on account of price rise in services, especially rural health and education. For the month % Nov-18 Dec-18 Change CPI 2.3 2.2-0.1 Food & beverages -1.7-1.5 0.2 Fuel and Light 7.2 4.5-2.7 Housing 6.0 5.3-0.7 Core CPI 5.6 6.0 0.4 The government presented Union Budget FY20 in which the fiscal deficit target for FY20 was set at 3.4% of GDP. In FY20 budgeted net market borrowings (Gsec + Tbills) are ~Rs 5.0 trillion compared to ~Rs 4.5 trillion in FY19. Further, government has also revised its fiscal deficit for FY19 to 3.4% of GDP from 3.3% (budgeted estimate) due to lower GST collection and additional support measures for farmers. Increase in expenditures is expected to be partly set off by better direct tax collection and higher dividends from RBI. India s trade deficit for Dec18 reduced to USD 13.1 bn from USD 16.7 bn primarily led by reduction in net oil imports on account of fall in global crude prices. Further, trade deficit ex of oil & gold reduced in Dec18, partly on account of seasonally higher imports in November due to festive season in India. Amount in USD bn Nov-18 Dec-18 Change Trade Deficit 16,715 13,128-21.5 Net Oil imports 8,341 6,478-22.3 Net Gold imports* 1,936 2,815 45.4 Trade deficit ex oil & gold 6,438 3,835-40.4 * includes net imports of gold, silver & precious stones adjusted for gems & jewellery exports. GST collections in January 2019 (for month of December 2018) improved to ~INR 1,025 bn from ~INR 947 bn a month ago. Average monthly collection in FYTD19 is ~7.7% higher than FY18 s average monthly collection (Aug 17 to Mar 18). In its bi-monthly monetary policy review held in Feb19, Monetary Policy Committee (MPC) reduced the policy repo rate by 25bps to 6.25% and changed its policy stance to neutral from calibrated tightening. In other measures, RBI announced that rated exposures of banks to all NBFCs (except Core Investment Companies) would be risk weighted based on the credit ratings assigned (as against current practice of providing 100% risk weights irrespective of ratings), similar to that of corporates. ^ inclusive of RBI Sixth Bi-monthly Monetary Policy Statement dated February 7, 2019 Outlook The Monetary Policy Committee s (MPC) decision to reduce policy rate by 25bps came as a positive surprise for the market. Given that RBI forecasts inflation over next one year below its medium term target of 4%, there is a chance of further rate cut in next 6 months unless inflation surprises negatively. However, in our opinion, any future action by RBI is likely to be data driven and the rate cut cycle is likely to be a shallow one. Further, large increase in gross market borrowings in FY20 over FY19 along with low demand for government bonds due to excess Statutory Liquidity Ratio (SLR) in the banking system could put upward pressure on yields. Though the near term inflation outlook remains benign due to low food prices and range bound oil prices, we prefer to maintain a cautious stance considering a modest uptick in growth in FY20, credit growth outpacing deposit growth and likely fiscal pressure. In view of the above, the short to medium end of the yield curve continues to offer better risk adjusted returns than the long end. Hence, we continue to recommend investment in short to medium duration debt funds. Source for various data points: Bloomberg, Bloomberg Consensus, NSDL, CMIE, RBI January 2019 3
CONTENTS Wealth Creation Page No. Regular Income Page No. Hdfc Equity Fund... 05 Hdfc Capital Builder Value Fund... 06 Hdfc Top 100 Fund... 07 Hdfc Mid-Cap Opportunities Fund... 08 Hdfc Small Cap Fund... 09 Hdfc Growth Opportunities Fund... 10 Hdfc Focused 30 Fund... 11 Hdfc Infrastructure Fund... 12 Hdfc Balanced Advantage Fund... 13-14 HDFC Hybrid Equity Fund... 15-16 Hdfc Multi-Asset Fund... 17-18 Hdfc Nifty 50 Etf... 19 Hdfc Index Fund - Nifty 50 Plan... 20 Hdfc Sensex Etf... 21 Hdfc Index Fund - Sensex Plan... 22 Hdfc Equity Savings Fund... 29-30 HDFC Hybrid Debt Fund... 31-32 Hdfc Arbitrage Fund... 33-34 HDFC Corporate Bond Fund... 35 Hdfc Credit Risk Debt Fund... 36-37 Hdfc Banking and Psu Debt Fund... 38 Hdfc Gilt Fund... 39 HDFC Dynamic Debt Fund... 40 Hdfc Income Fund... 41 Hdfc Medium Term Debt Fund... 42 Hdfc Short Term Debt Fund... 43 Hdfc Low Duration Fund... 44 Hdfc Money Market Fund... 45 Hdfc Floating Rate Debt Fund... 46 Hdfc Ultra Short Term Fund... 47 Hdfc Liquid Fund... 48-49 Tax Savings Hdfc Overnight Fund... 50 Hdfc Taxsaver... 23 CHILDren'S FUTURE Hdfc Children s Gift Fund... 24-25 RETIREMENT PLANNING Hdfc Retirement Savings Fund - Equity Plan... 26 Hdfc Retirement Savings Fund - Hybrid Equity Plan... 27 Hdfc Retirement Savings Fund - Hybrid Debt Plan... 28 Performance details of schemes managed by respective fund managers... 51 performance summary - Regular Plans... 52-56 performance summary - Direct Plans... 57-64 Performance of Category I - FPI Portfolio... 64 Dividend History... 65-66 Disclaimer... 67 Goal Based Solutions Wealth Creation Tax Savings CHILDren'S FUTURE retirement planning Regular Income These schemes aim to increase wealth over the long term by investing predominantly in equity instruments and are suitable for investors with high risk appetite and relatively higher investment horizon. This scheme is eligible to provide tax deduction under Section 80C and also aims to increase wealth over the long term. This is an ideal solution for investors who would like to create wealth and save tax. This scheme aims to help you achieve your specific financial goal of planning for child s future expenses like higher education, etc. These schemes aim to help you achieve your specific financial goal of retirement planning. These schemes aim to provide stable income and are ideal for investors with low to medium risk appetite who wish to receive regular income to meet their periodic expenses. Disclaimer: Investors are requested to note that the above goal based solutions should not be construed as financial planning solution/recommendation by the Fund/ AMC. It does not in any manner, indicate or imply either the quality of any particular or guarantee any specific performance/returns. Such solutions must be tailored to investor s individual situation and objectives and therefore, investors should consult their financial advisors to ascertain whether a product is suitable for them. 4 January 2019
HDFC Equity Fund (An open ended equity scheme investing across large cap, mid cap & small cap stocks) To generate capital appreciation / income from a portfolio, predominantly invested in equity & equity related instruments. There is no assurance that the of the will be realized. CATEGORY OF SCHEME: Multi-Cap Fund Fund Manager Prashant Jain (since June 20, 03) Total Experience: Over 27 years January 1, 1995 NAV (As on January 31, 2019) NAV per Unit (`) Regular Plan - Growth Option 629.488 Regular Plan - Dividend Option 53.152 Direct Plan - Growth Option 661.059 Direct Plan - Dividend Option 56.624 As on January 31, 2019 20,855.60 Average for Month of January, 2019 20,823.51 Portfolio Turnover Ratio (Last 1 year) 23.95% Risk Ratio Standard Deviation 5.072% Beta 1.096 Sharpe Ratio* 0.159 Computed for the 3-yr period ended January 31, 2019. Based on month-end NAV. * Risk free rate: 6.50% (Source: FIMMDA MIBOR) Regular: 2.06% Direct: 1.34% #BENCHMARK INDEX: NIFTY 500 (Total Index) ##addl. BENCHMARK INDEX: NIFTY 50 (Total Index) In respect of each purchase / switch-in of Units, an of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment. No is payable if Units are redeemed / switched-out after 1 year from the date of allotment. For further details, please refer to para on Pg 51. Regular Plan, Direct Plan. Under Each Plan : Growth & Dividend. The Dividend Option offers Dividend Payout and Reinvestment facility. Purchase : ` 5,000 and any amount thereafter. Purchase : ` 1,000 and any amount thereafter. Date of migration from Zurich India Mutual Fund (Close of business hours - June 19, 03). Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years). to generate long-term capital appreciation / income investment predominantly in equity & equity related instruments Investors understand that their principal will be at moderately high risk Company Industry + % to NAV Equity & Equity Related State Bank of India Banks 9.86 ICICI Bank Ltd. Banks 9.74 Infosys Ltd. Software 9.58 Larsen and Toubro Ltd. Construction Project 8.13 Reliance Industries Ltd. Petroleum Products 6.00 HDFC Bank Ltd. Banks 4.54 ITC Ltd. Consumer Non Durables 3.76 NTPC Ltd. Power 3.60 Axis Bank Ltd. Banks 2.87 Power Grid Corporation of India Ltd Power 2.75 Tata Consultancy Services Ltd. Software 2.69 Bank of Baroda Banks 2.47 Power Finance Corporation Ltd Finance 2.26 Aurobindo Pharma Ltd. Pharmaceuticals 2.06 Rural Electrification Corporation Ltd. Finance 2.05 CESC Ltd. Power 1.95 GAIL (India) Ltd. Gas 1.91 Vedanta Ltd. Non - Ferrous Metals 1.69 Bharat Petroleum Corporation Ltd. Petroleum Products 1.57 Tata Steel Ltd. Ferrous Metals 1.54 Housing Development Finance Corporation Ltd. Finance 1.50 Tata Chemicals Ltd. Chemicals 1.42 Cipla Ltd. Pharmaceuticals 1.25 Oracle Financial Services Software Ltd. Software 1.23 Kalpataru Power Transmission Ltd. Power 1.22 Canara Bank Banks 1.13 COAL INDIA LTD Minerals/Mining 1.04 Praj Industries Ltd. Industrial Capital Goods 1.01 Punjab National Bank Banks 0.89 UPL Ltd. Pesticides 0.89 Siemens Ltd. Industrial Capital Goods 0.87 L&T Technology Services Ltd. Software 0.84 Container Corporation of India Ltd. Transportation 0.80 BEML Ltd. Industrial Capital Goods 0.70 CG Power and Industrial Solutions Ltd. Industrial Capital Goods 0.62 Time Technoplast Ltd. Industrial Products 0.45 Performance ^ - Regular plan - Growth Option Since Inception 15 year 10 year 5 year 3 year 1 year Total Amount Invested (` 000) 2,890.00 1,800.00 1,200.00 600.00 360.00 120.00 Mkt Value As on January 31, 2019 (` 000) 68,508.28 6,354.82 2,401.30 775.15 418.06 121.37 21.63 15.34 13.29 10.18 9.95 2.11 # 14.51 12.34 11.76 9.73 8.36-4.58 ## N.A. 12.29 11.40 10.13 10.81 1.57 Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. Performance ^ - Regular plan - Growth Option # Company Industry + % to NAV Bharat Dynamics Ltd. Aerospace & Defence 0.44 Oriental Bank of Commerce Banks 0.38 Simplex Infrastructures Ltd. Construction 0.34 Spencers Retail Ltd. Retailing 0.29 Cesc Ventures Ltd. Software 0.24 Hindustan Construction Company Ltd. Construction Project 0.22 Ramco Systems Ltd. Software 0.15 Balkrishna Industries Ltd. Auto Ancillaries 0.11 Reliance Nippon Life Asset Management Ltd. Finance 0.11 Sub Total 99.16 Preference Shares Zee Entertainment Enterprises Ltd Media & Entertainment 0.02 Sub Total 0.02 Total 99.18 Cash, Cash Equivalents and Net Current Assets 0.82 Top Ten Holdings, Co-sponsor Industry Allocation of Equity Holding (% of Net Assets) Banks 31.88 Software 14.73 Power 9.52 Construction Project 8.35 Petroleum Products 7.57 Finance 5.92 Consumer Non Durables 3.76 Pharmaceuticals 3.31 Industrial Capital Goods 3.20 Gas 1.91 Non - Ferrous Metals 1.69 Ferrous Metals 1.54 Chemicals 1.42 Minerals/Mining 1.04 Pesticides 0.89 Transportation 0.80 Industrial Products 0.45 Aerospace & Defence 0.44 Construction 0.34 Retailing 0.29 Auto Ancillaries 0.11 Media & Entertainment 0.02 0 5 10 15 20 25 30 35 ## (`) # Jan 31, 18 Last 1 Year -6.37-5.95-0.35 9,363 9,405 9,965 Jan 29, 16 Last 3 Years 15.69 13.80 14.20 15,503 14,753 14,910 Jan 31, 14 Last 5 Years 16.79 15.15 13.61 21,742 20,256 18,930 Jan 01, 95 Since Inception 18.75 11.36 N.A. 629,488 133,578 N.A. greater than 1 year period are compounded annualized (CAGR). For performance of other schemes managed by Prashant Jain, please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 57. Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of January 31, 2019 unless otherwise specified. January 2019 5
HDFC Capital Builder Value Fund (An open ended equity scheme following a value investment strategy) This is a simple and performing scheme which is eligible for distribution by new cadre of distributors. To achieve capital appreciation/income in the long term by primarily investing in undervalued stocks. There is no assurance that the of the will be realized. CATEGORY OF SCHEME: Value Fund Fund Manager Miten Lathia (since Mar 20, 17) Total Experience: Over 18 years (The scheme was co-managed by Miten Lathia with Chirag Setalvad from May 10, 12 to March 19, 17) February 1, 1994 NAV (As on January 31, 2019) NAV per Unit (`) Regular Plan - Growth Option 279.512 Regular Plan - Dividend Option 27.163 Direct Plan - Growth Option 294.507 Direct Plan - Dividend Option 29.082 As on January 31, 2019 4,159.02 Average for Month of January, 2019 4,155.78 Portfolio Turnover Ratio (Last 1 year) 23.08% Risk Ratio Standard Deviation 4.663% Beta 1.029 Sharpe Ratio* 0.139 Computed for the 3-yr period ended January 31, 2019. Based on month-end NAV. * Risk free rate: 6.50% (Source: FIMMDA MIBOR) Regular: 2.32% Direct: 1.02% #BENCHMARK INDEX: NIFTY 500 (Total Index) ##addl. BENCHMARK INDEX: NIFTY 50 (Total Index) In respect of each purchase / switch-in of Units, an of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment. No is payable if Units are redeemed / switchedout after 1 year from the date of allotment. For further details, please refer to para on Pg 51. Regular Plan, Direct Plan. Under Each Plan : Growth & Dividend. The Dividend Option offers Dividend Payout and Reinvestment facility. Purchase : ` 5,000 and any amount thereafter. Purchase : ` 1,000 and any amount thereafter. Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years). to generate long-term capital appreciation / income in the long term investment primarily in undervalued stocks Investors understand that their principal will be at moderately high risk 6 January 2019 Company Industry + % to NAV Equity & Equity Related HDFC Bank Ltd. Banks 9.04 ITC Ltd. Consumer Non Durables 5.12 Reliance Industries Ltd. Petroleum Products 4.62 Infosys Ltd. Software 3.55 Axis Bank Ltd. Banks 3.33 Bharat Petroleum Corporation Ltd. Petroleum Products 3.20 GAIL (India) Ltd. Gas 3.20 ICICI Bank Ltd. Banks 3.18 Indusind Bank Ltd. Banks 2.95 Vedanta Ltd. Non - Ferrous Metals 2.92 Housing Development Finance Corporation Ltd. Finance 2.81 Kotak Mahindra Bank Ltd. Banks 2.23 Larsen and Toubro Ltd. Construction Project 2.21 Persistent Systems Ltd. Software 2.21 Ambuja Cements Ltd. Cement 2.16 YES Bank Ltd. Banks 1.96 Glenmark Pharmaceuticals Ltd. Pharmaceuticals 1.91 NTPC Ltd. Power 1.74 Apollo Tyres Ltd. Auto Ancillaries 1.72 Aurobindo Pharma Ltd. Pharmaceuticals 1.50 Mahindra & Mahindra Ltd. Auto 1.47 S H Kelkar and Company Ltd. Consumer Non Durables 1.45 Indostar Capital Finance Ltd. Finance 1.38 Oracle Financial Services Software Ltd. Software 1.32 Cipla Ltd. Pharmaceuticals 1.30 Coal India Ltd Minerals/Mining 1.30 Inox Leisure Ltd. Media & Entertainment 1.30 Bajaj Consumer Care Ltd. Consumer Non Durables 1.29 State Bank of India Banks 1.27 Wipro Ltd. Software 1.26 Bharti Airtel Ltd. Telecom - Services 1.16 Repco Home Finance Ltd Finance 1.15 Chambal Fertilizers & Chemicals Ltd. Fertilisers 1.08 VRL Logistics Ltd. Transportation 1.04 Trent Ltd. Retailing 1.02 JK Cement Ltd. Cement 1.00 Thyrocare Technologies Ltd. Healthcare Services 0.99 Max Financial Services Ltd. Finance 0.97 Bharat Financial Inclusion Ltd. Finance 0.89 FAG Bearings India Ltd. Industrial Products 0.89 Newgen Software Technologies Ltd Software 0.88 Indoco Remedies Ltd. Pharmaceuticals 0.87 Spicejet Ltd. Transportation 0.83 Advanced Enzyme Technologies Ltd. Consumer Non Durables 0.81 Tata Chemicals Ltd. Chemicals 0.80 Performance ^ - Regular plan - Growth Option Since Inception 15 year 10 year Total Amount Invested (` 000) 3,000.00 1,800.00 1,200.00 600.00 360.00 120.00 Mkt Value As on January 31, 2019 (` 000) 41,679.84 6,229.19 2,541.93 780.16 405.80 115.05 17.52 15.11 14.36 10.43 7.93-7.54 # N.A. 12.34 11.76 9.73 8.36-4.58 ## N.A. 12.29 11.40 10.13 10.81 1.57 Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of return). The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. Performance ^ - Regular plan - Growth Option # Company Industry + % to NAV Solar Industries India Ltd. Chemicals 0.78 NHPC Ltd. Power 0.76 Ashoka Buildcon Ltd. Construction Project 0.75 Gujarat Pipavav Port Ltd. Transportation 0.74 Zee Entertainment Enterprises Ltd Media & Entertainment 0.73 Voltas Ltd. Construction Project 0.66 Dilip Buildcon Ltd. Construction 0.52 Siti Networks Ltd. Media & Entertainment 0.47 Wonderla Holidays Ltd. ## Hotels/Resorts & Other Recreational Activities 0.44 Blue Star Ltd. Consumer Durables 0.42 Entertainment Network (India) Ltd. (India) Ltd. Media & Entertainment 0.39 Bharat Dynamics Ltd. Aerospace & Defence 0.35 Sadbhav Infrastructure Project Ltd. (Corporate Guarantee of Sadbhav Engineering Ltd.) Construction Project 0.34 Matrimony.com Ltd. Services 0.19 Sub Total 96.82 Cash margin 0.04 Cash, Cash Equivalents and Net Current Assets 3.14 Top Ten Holdings, Co-sponsor Industry Allocation of Equity Holding (% of Net Assets) Banks 23.96 Software 9.22 Consumer Non Durables 8.67 Petroleum Products 7.82 Finance 7.20 Pharmaceuticals 5.58 Construction Project 3.96 Gas 3.20 Cement 3.16 Non - Ferrous Metals 2.92 Media & Entertainment 2.89 Transportation 2.61 Power 2.50 Auto Ancillaries 1.72 Chemicals 1.58 Auto 1.47 Minerals/Mining 1.30 Telecom - Services 1.16 Fertilisers 1.08 Retailing 1.02 Healthcare Services 0.99 Industrial Products 0.89 Construction 0.52 Hotels, Resorts & Other Recreational Activities 0.44 Consumer Durables 0.42 Aerospace & Defence 0.35 Services 0.19 0 5 10 15 20 25 30 5 year 3 year 1 year (`) # Jan 31, 18 Last 1 Year -9.20-5.95-0.35 9,080 9,405 9,965 Jan 29, 16 Last 3 Years 13.76 13.80 14.20 14,738 14,753 14,910 Jan 31, 14 Last 5 Years 17.39 15.15 13.61 22,305 20,256 18,930 Feb 01, 94 Since Inception 14.24 N.A. N.A. 279,512 N.A. N.A. greater than 1 year period are compounded annualized (CAGR). For performance of other schemes managed by Miten Lathia, please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 63. Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of January 31, 2019 unless otherwise specified.
HDFC Top 100 Fund (An open ended equity scheme predominantly investing in large cap stocks) To provide long-term capital appreciation/income by investing predominantly in Large-Cap companies. There is no assurance that the of the will be realized. CATEGORY OF SCHEME: Large-Cap Fund Fund Manager Prashant Jain (since June 20, 03) Total Experience: Over 27 years October 11, 1996 NAV (As on January 31, 2019) NAV per Unit (`) Regular Plan - Growth Option 466.056 Regular Plan - Dividend Option 51.525 Direct Plan - Growth Option 485.408 Direct Plan - Dividend Option 54.296 As on January 31, 2019 15,397.69 Average for Month of January, 2019 15,259.87 Portfolio Turnover Ratio (Last 1 year) 24.08% Risk Ratio Standard Deviation 4.672% Beta 1.042 Sharpe Ratio* 0.172 Computed for the 3-yr period ended January 31, 2019. Based on month-end NAV. * Risk free rate: 6.50% (Source: FIMMDA MIBOR) Regular: 2.09% Direct: 1.44% #BENCHMARK INDEX: NIFTY 100 (Total Index) ##addl. BENCHMARK INDEX: S&P BSE SENSEX (Total Index) In respect of each purchase / switch-in of Units, an of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment. No is payable if Units are redeemed / switchedout after 1 year from the date of allotment. For further details, please refer to para on Pg 51. Regular Plan, Direct Plan. Under Each Plan : Growth & Dividend. The Dividend Option offers Dividend Payout and Reinvestment facility. Purchase : ` 5,000 and any amount thereafter. Purchase : ` 1,000 and any amount thereafter. Segment-wise break-up of equity holding (% of net assets) Large Cap 87.86% Mid Cap 10.28% Small Cap 0.26% Date of migration from Zurich India Mutual Fund (Close of business hours - June 19, 03). Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years). to generate long-term capital appreciation / income investment predominantly in Large-Cap companies Investors understand that their principal will be at moderately high risk Company Industry + % to NAV Equity & Equity Related ICICI Bank Ltd. Banks 8.56 Reliance Industries Ltd. Petroleum Products 8.20 State Bank of India Banks 8.20 Infosys Ltd. Software 7.92 HDFC Bank Ltd. Banks 7.10 Larsen and Toubro Ltd. Construction Project 5.77 ITC Ltd. Consumer Non Durables 4.57 Tata Consultancy Services Ltd. Software 4.24 Axis Bank Ltd. Banks 3.92 NTPC Ltd. Power 3.48 Power Grid Corporation of India Ltd Power 2.63 Housing Development finance Corporation Ltd. Finance 2.55 Coal India Ltd. Minerals/Mining 2.12 Hindustan Petroleum Corporation Ltd. Petroleum Products 1.92 Aurobindo Pharma Ltd. Pharmaceuticals 1.86 Power Finance Corporation Ltd Finance 1.75 Tata Chemicals Ltd. Chemicals 1.42 GAIL (India) Ltd. Gas 1.41 Tata Steel Ltd. Ferrous Metals 1.38 Vedanta Ltd. Non - Ferrous Metals 1.32 CESC Ltd. Power 1.27 Rural Electrification Corporation Ltd. Finance 1.23 Bharat Petroleum Corporation Ltd. Petroleum Products 1.20 Canara Bank Banks 1.06 Bank of Baroda Banks 1.04 Cipla Ltd. Pharmaceuticals 0.98 UPL Ltd. Pesticides 0.94 Oil & Natural Gas Corporation Ltd. Oil 0.87 Bank of India Banks 0.85 Oracle Financial Services Software Ltd Software 0.71 ABB India Ltd. Industrial Capital Goods 0.67 Bharat Electronics Ltd. Industrial Capital Goods 0.67 HCL Technologies Ltd. Software 0.67 Wipro Ltd. Software 0.66 Tech Mahindra Ltd. Software 0.63 Ambuja Cements Ltd. Cement 0.58 Siemens Ltd. Industrial Capital Goods 0.54 Punjab National Bank Banks 0.53 Indian Oil Corporation Ltd. Petroleum Products 0.52 Performance ^ - Regular plan - Growth Option Since Inception 15 year 10 year 5 year 3 year 1 year Total Amount Invested (` 000) 2,680.00 1,800.00 1,200.00 600.00 360.00 120.00 Mkt Value As on January 31, 2019 (` 000) $$ 36,363.66 6,102.84 2,309.37 779.34 421.60 122.73 $$ 19.64 14.88 12.56 10.39 10.52 4.23 # N.A. 12.78 11.95 10.21 10.02-0.69 ## 14.25 12.69 11.82 10.88 12.58 4.42 Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. Performance ^ - Regular plan - Growth Option $$ # ## (`) $$ Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of January 31, 2019 unless otherwise specified. Company Industry + % to NAV Container Corporation of India Ltd. Transportation 0.51 Union Bank of India Banks 0.51 Hindalco Industries Ltd Non - Ferrous Metals 0.47 Steel Authority of India Ltd. Ferrous Metals 0.36 NHPC Ltd. Power 0.28 Spencers Retail Ltd. Retailing 0.19 Cesc Ventures Ltd. Software 0.07 LIC Housing Finance Ltd. Finance 0.04 Lupin Ltd. Pharmaceuticals 0.04 Sub Total 98.41 Preference Shares Zee Entertainment Enterprises Ltd Media & Entertainment 0.02 Sub Total 0.02 Total 98.43 Cash, Cash Equivalents and Net Current Assets 1.57 Top Ten Holdings, Co-sponsor Industry Allocation of Equity Holding (% of Net Assets) Banks Software 14.90 Petroleum Products 11.84 Power 7.66 Construction Project 5.77 Finance 5.57 Consumer Non Durables 4.57 Pharmaceuticals 2.88 Minerals/Mining 2.12 Industrial Capital Goods 1.88 Non - Ferrous Metals 1.79 Ferrous Metals 1.74 Chemicals 1.42 Gas 1.41 Pesticides 0.94 Oil 0.87 Cement 0.58 Transportation 0.51 Retailing 0.19 Media & Entertainment 0.02 # Jan 31, 18 Last 1 Year -3.29-2.11 2.06 9,671 9,789 10,206 Jan 29, 16 Last 3 Years 15.89 14.34 14.86 15,584 14,965 15,171 Jan 31, 14 Last 5 Years 15.81 14.45 13.60 20,841 19,648 18,929 Oct 11, 96 Since Inception 19.84 N.A. 13.40 568,266 N.A. 165,504 greater than 1 year period are compounded annualized (CAGR). N.A. Not Available. $$ All dividends declared prior to the splitting of the into Dividend & Growth Options are assumed to be reinvested in the units of the at the then prevailing NAV (ex-dividend NAV). For performance of other schemes managed by Prashant Jain, please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 57. 31.77 0 5 10 15 20 25 30 35 January 2019 7
HDFC Mid Cap Opportunities Fund (An open ended equity scheme predominantly investing in mid cap stocks) To provide long-term capital appreciation/income by investing predominantly in Mid-Cap companies. There is no assurance that the of the will be realized. CATEGORY OF SCHEME: Mid Cap Fund Fund Manager Chirag Setalvad (since June 25, 07) Total Experience: Over 21 years June 25, 2007 NAV (As on January 31, 2019) NAV per Unit (`) Regular Plan - Growth Option 51.158 Regular Plan - Dividend Option 28.670 Direct Plan - Growth Option 53.918 Direct Plan - Dividend Option 34.665 As on January 31, 2019 20,381.31 Average for Month of January, 2019 20,747.09 Portfolio Turnover Ratio (Last 1 year) 24.54% Risk Ratio Standard Deviation 5.004% Beta 0.867 Sharpe Ratio* 0.117 Computed for the 3-yr period ended January 31, 2019. Based on month-end NAV. * Risk free rate: 6.50% (Source: FIMMDA MIBOR) Regular: 2.14% Direct: 1.16% #BENCHMARK INDEX: NIFTY Midcap 100 (Total Index) ##addl. BENCHMARK INDEX: NIFTY 50 (Total Index) In respect of each purchase / switch-in of Units, an of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment. No is payable if Units are redeemed / switchedout after 1 year from the date of allotment. For further details, please refer to para on Pg 51. Regular Plan, Direct Plan. Under Each Plan : Growth & Dividend. The Dividend Option offers Dividend Payout and Reinvestment facility. Purchase : ` 5,000 and any amount thereafter. Purchase : ` 1,000 and any amount thereafter. Segment-wise break-up of equity holding (% of net assets) Large Cap 4.33% Mid Cap 69.58% Small Cap 19.09% Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years). to generate long-term capital appreciation / income investment predominantly in Mid-Cap companies 8 January 2019 Investors understand that their principal will be at moderately high risk Company Industry + / Rating % to NAV Equity & Equity Related Sundram Fasteners Ltd. Auto Ancillaries 3.85 Cholamandalam Investment & Finance Finance 3.65 Aarti Industries Ltd. Chemicals 3.43 Balkrishna Industries Ltd. Auto Ancillaries 3.30 Torrent Pharmaceuticals Ltd. Pharmaceuticals 3.08 City Union Bank Ltd. Banks 3.02 Voltas Ltd. Construction Project 2.83 RBL Bank Ltd. Banks 2.77 Indian Hotels Company Ltd. Hotels/Resorts & Other Recreational Activities 2.67 Tata Chemicals Ltd. Chemicals 2.49 Hexaware Technologies Ltd. Software 2.33 Exide Industries Ltd. Auto Ancillaries 2.20 Trent Ltd. Retailing 2.16 Crompton Greaves Consumer Electricals Ltd. Consumer Durables 1.98 SKF India Ltd. Industrial Products 1.95 AIA Engineering Ltd. Industrial Products 1.91 Apollo Tyres Ltd. Auto Ancillaries 1.85 Glenmark Pharmaceuticals Ltd. Pharmaceuticals 1.82 Carborundum Universal Ltd. Industrial Products 1.75 Max Financial Services Ltd. Finance 1.74 The Federal Bank Ltd. Banks 1.69 Vst Industries Ltd. Consumer Non Durables 1.65 TI Financial Holdings Ltd. Finance 1.61 Whirlpool of India Ltd Consumer Durables 1.61 Divis Laboratories Ltd. Pharmaceuticals 1.58 MRF Ltd. Auto Ancillaries 1.50 Atul Ltd. Chemicals 1.46 Indian Bank Banks 1.45 Ipca Laboratories Ltd. Pharmaceuticals 1.41 Edelweiss Financial Services Ltd. Finance 1.31 Supreme Industries Ltd. Industrial Products 1.28 Niit Technologies Ltd Software 1.27 Larsen & Toubro Infotech Ltd. Software 1.25 Tube Investments of India Ltd. Auto Ancillaries 1.15 Kec International Ltd. Construction Project 1.09 Union Bank of India Banks 1.04 Solar Industries India Ltd. Chemicals 0.97 Karur Vysya Bank Ltd. Banks 0.96 Arvind Fashions Ltd. Retailing 0.95 FAG Bearings India Ltd. Industrial Products 0.92 KNR Construction Ltd.. Construction 0.91 Power Finance Corporation Ltd. Finance 0.90 Jagran Prakashan Ltd. Media & Entertainment 0.84 Reliance Nippon Life Asset Management Ltd. Finance 0.82 Navneet Education Ltd. Media & Entertainment 0.79 Rural Electrification Corporation Ltd. Finance 0.79 Blue Star Ltd. Consumer Durables 0.78 Greenlam Industries Ltd. Consumer Durables 0.74 Punjab National Bank Banks 0.74 Delta Corp Ltd. Hotels/Resorts & Other Recreational Activities 0.68 Redington (India) Ltd. Transportation 0.64 Cummins India Ltd. Industrial Products 0.62 Dilip Buildcon Ltd. Construction 0.60 Symphony Ltd. Consumer Durables 0.59 Bata India Ltd. Consumer Durables 0.55 Arvind Ltd. Textile Products 0.52 Performance ^ - Regular plan - Growth Option Since Inception 10 year Total Amount Invested (` 000) 1,400.00 1,200.00 600.00 360.00 120.00 Mkt Value As on January 31, 2019 (` 000) 4,161.88 3,049.29 767.99 379.62 110.44 17.47 17.74 9.80 3.47-14.38 # 12.59 12.95 8.50 2.15-16.40 ## 10.96 11.40 10.13 10.81 1.57 Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. Performance ^ - Regular plan - Growth Option # ## 5 year (`) 3 year 1 year # Jan 31, 18 Last 1 Year -12.75-17.88-0.35 8,725 8,212 9,965 Jan 29, 16 Last 3 Years 12.70 11.90 14.20 14,330 14,027 14,910 Jan 31, 14 Last 5 Years 20.73 18.84 13.61 25,659 23,711 18,930 Jun 25, 07 Since Inception 15.09 11.02 9.65 51,158 33,675 29,143 greater than 1 year period are compounded annualized (CAGR). For performance of other schemes managed by Chirag Setalvad, please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 57. Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of January 31, 2019 unless otherwise specified. Company Industry + / Rating % to NAV Gujarat Fluorochemicals Ltd. Industrial Capital Goods 0.51 Grindwell Norton Ltd. Industrial Products 0.50 Vesuvius India Ltd. Industrial Products 0.49 Greenply Industries Ltd. Consumer Durables 0.48 Thermax Ltd. Industrial Capital Goods 0.45 Oil India Ltd. Oil 0.44 Persistent Systems Ltd. Software 0.38 Mahindra Holidays & Resorts India Ltd. Hotels/Resorts & Other Recreational Activities 0.37 Vardhman Textiles Ltd. Textiles - Cotton 0.37 Strides Pharma Science Ltd. Pharmaceuticals 0.25 Dhanuka Agritech Ltd. Pesticides 0.21 Anveshan Heavy Engineering Ltd. Industrial Capital Goods 0.13 Aditya Birla Nuvo Ltd. Services @ Aurobindo Pharma Ltd. Pharmaceuticals @ Sub Total 93.02 Preference Shares Zee Entertainment Enterprises Ltd. Media & Entertainment 0.01 Sub Total 0.01 Total 93.03 Housing Development Finance Corporation Ltd. CRISIL - AAA 0.25 Sub Total 0.25 MONEY MARKET INSTRUMENTS CD/CP L&T Infrastructure Finance Ltd. CRISIL - A1+ 2.45 Steel Authority of India Ltd. CARE - A1+ 1.47 Aditya Birla Capital ltd. ICRA - A1+ 0.37 Sub Total 4.29 Cash, Cash Equivalents and Net Current Assets 2.43 Top Ten Holdings, @ Less than 0.01% Industry Allocation of Equity Holding (% of Net Assets) Auto Ancillaries 13.85 Banks 11.67 Finance 10.82 Industrial Products 9.42 Chemicals 8.35 Pharmaceuticals 8.14 Consumer Durables 6.73 Software 5.23 Construction Project 3.92 Hotels, Resorts & Other Recreational Activities 3.72 Retailing 3.11 Consumer Non Durables 1.65 Media & Entertainment 1.64 Construction 1.51 Industrial Capital Goods 1.09 Transportation 0.64 Textile Products 0.52 Oil 0.44 Textiles - Cotton 0.37 Pesticides 0.21 0 2 4 6 810121416
HDFC Small Cap Fund (An open ended equity scheme predominantly investing in small cap stocks) To provide long-term capital appreciation /income by investing predominantly in Small-Cap companies. There is no assurance that the of the will be realized. CATEGORY OF SCHEME: Small Cap Fund Fund Manager Chirag Setalvad (since June 28, 14) Total Experience: Over 21 years April 3, 2008 NAV (As on January 31, 2019) NAV per Unit (`) Regular Plan - Growth Option 41.577 Regular Plan - Dividend Option 24.533 Direct Plan - Growth Option 44.405 Direct Plan - Dividend Option 28.431 As on January 31, 2019 6,163.89 Average for Month of January, 2019 6,100.80 Portfolio Turnover Ratio (Last 1 year) 16.92% Risk Ratio Standard Deviation 5.081% Beta 0.635 Sharpe Ratio* 0.194 Computed for the 3-yr period ended January 31, 2019. Based on month-end NAV. * Risk free rate: 6.50% (Source: FIMMDA MIBOR) Regular: 2.18% Direct: 0.81% #BENCHMARK INDEX: NIFTY Smallcap 100 (Total Index) ##addl. BENCHMARK INDEX: NIFTY 50 (Total Index) In respect of each purchase / switch-in of Units, an of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment. No is payable if Units are redeemed / switchedout after 1 year from the date of allotment. For further details, please refer to para on Pg 51. Regular Plan, Direct Plan. Under Each Plan : Growth & Dividend. The Dividend Option offers Dividend Payout and Reinvestment facility. Purchase : ` 5,000 and any amount thereafter. Purchase : ` 1,000 and any amount thereafter. Segment-wise break-up of equity holding (% of net assets) Large Cap 4.13% Mid Cap 16.78% Small Cap 66.59% Date of migration from Morgan Stanley Mutual Fund (Close of business hours - June 27, 14) Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years). to generate long-term capital appreciation / income investment predominantly in Small-Cap companies Investors understand that their principal will be at moderately high risk Company Industry + % to NAV Equity & Equity Related Aurobindo Pharma Ltd. Pharmaceuticals 4.13 Niit Technologies Ltd. Software 4.00 Chambal Fertilizers & Chemicals Ltd. Fertilisers 3.63 Balkrishna Industries Ltd. Auto Ancillaries 2.96 Sonata Software Ltd. Software 2.84 Sharda Cropchem Ltd. Pesticides 2.78 Indian Bank Banks 2.58 NRB Bearing Ltd Industrial Products 2.57 Firstsource Solutions Ltd Software 2.37 SKF India Ltd. Industrial Products 2.20 Great Eastern Shipping Company Ltd. Transportation 2.11 Tata Metaliks Ltd. Ferrous Metals 2.10 EIH Ltd. Hotels/Resorts & Other Recreational Activities 2.02 Gujarat Fluorochemicals Ltd. Industrial Capital Goods 2.02 KEC International Ltd. Construction Project 1.99 Inox Leisure Ltd. Media & Entertainment 1.95 Repco Home Finance Ltd Finance 1.94 Vardhman Textiles Ltd. Textiles - Cotton 1.93 T. V. Today Network Ltd. Media & Entertainment 1.92 Finolex Industries Ltd. Industrial Products 1.90 Vijaya Bank Banks 1.88 Atul Ltd. Chemicals 1.77 Carborundum Universal Ltd. Industrial Products 1.55 Indian Hotels Company Ltd. Hotels/Resorts & Other Recreational Activities 1.53 KEI Industries Ltd. Industrial Products 1.49 Kalpataru Power Transmission Ltd. Power 1.43 Nilkamal Ltd. Industrial Products 1.38 The Federal Bank Ltd. Banks 1.28 Power Mech Projects Ltd. Construction Project 1.22 Tube Investments of India Ltd. Auto Ancillaries 1.20 Advanced Enzyme Technologies Ltd. Consumer Non Durables 1.18 Insecticides (India) Ltd. Pesticides 1.05 Oriental Carbon & Chemicals Ltd. Chemicals 1.02 Orient Refractories Ltd. Industrial Products 1.01 Shaily Engineering Plastics Ltd. Industrial Products 0.95 IFGL Refractories Ltd. (formarly known as IFGL Exports Ltd.) Industrial Products 0.94 PNC Infratech Ltd. Construction 0.92 LG Balakrishnan & Bros Ltd. Auto Ancillaries 0.91 Oriental Bank of Commerce Banks 0.89 eclerx Services Ltd. Software 0.88 Mcleod Russel India Ltd. Consumer Non Durables 0.80 Vesuvius India Ltd. Industrial Products 0.78 Redington (India) Ltd. Transportation 0.77 Apar Industries Ltd. Industrial Capital Goods 0.72 Lemon Tree Hotels Ltd. Hotels/Resorts & Other Recreational Activities 0.70 Gabriel India Ltd. Auto Ancillaries 0.64 Kirloskar Ferrous Industries Ltd Ferrous Metals 0.64 Atul Auto Ltd. Auto 0.60 GNA Axles Ltd. Auto Ancillaries 0.57 Jagran Prakashan Ltd. Media & Entertainment 0.57 Chalet Hotels Ltd. Hotels/Resorts & Other Recreational Activities 0.55 Greenlam Industries Ltd. Consumer Durables 0.55 Goodyear India Ltd. Auto Ancillaries 0.46 Allahabad Bank Banks 0.45 Performance ^ - Regular plan - Growth Option Since Inception 10 year Total Amount Invested (` 000) 1,300.00 1,200.00 600.00 360.00 120.00 Mkt Value As on January 31, 2019 (` 000) 3,320.67 2,812.10 860.03 426.46 112.78 16.37 16.24 14.37 11.31-10.93 # 9.37 9.26 3.00-4.48-26.60 ## 11.48 11.40 10.13 10.81 1.57 Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. Performance ^ - Regular plan - Growth Option # ## 5 year (`) 3 year 1 year # Jan 31, 18 Last 1 Year -9.14-29.72-0.35 9,086 7,028 9,965 Jan 29, 16 Last 3 Years 18.11 7.85 14.20 16,499 12,551 14,910 Jan 31, 14 Last 5 Years 20.37 15.12 13.61 25,282 20,229 18,930 Apr 03, 08 Since Inception 14.05 6.13 9.16 41,577 19,044 25,848 greater than 1 year period are compounded annualized (CAGR). For performance of other schemes managed by Chirag Setalvad, please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 57. Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of January 31, 2019 unless otherwise specified. Company Industry + % to NAV Sadbhav Engineering Ltd. Construction Project 0.42 Taj GVK Hotels & Resorts Ltd. Hotels/Resorts & Other Recreational Activities 0.41 TI Financial Holdings Ltd. Finance 0.40 Swaraj Engines Ltd. Industrial Products 0.35 D B Corp Ltd. Media & Entertainment 0.33 Everest Industries Ltd. Cement 0.31 Unichem Laboratories Ltd. Pharmaceuticals 0.30 Merck Ltd Pharmaceuticals 0.29 V.S.T Tillers Tractors Ltd. Auto 0.27 Banco Products (I) Ltd. Auto Ancillaries 0.22 Greenply Industries Ltd. Consumer Durables 0.18 CG Power and Industrial Solutions Ltd. Industrial Capital Goods 0.17 Titagarh Wagons Ltd. Industrial Capital Goods 0.17 Sarla Performance Fibers Ltd. Textiles - Synthetic 0.16 Time Technoplast Ltd. Industrial Products 0.16 Corporation Bank Banks 0.10 Amber Enterprises India Ltd. Consumer Durables 0.03 YES Bank Ltd. Banks @ Sub Total 87.49 MONEY MARKET INSTRUMENTS CD/CP National Bank for Agriculture & Rural Development IND - A1+ 4.14 Steel Authority of India Ltd. CARE - A1+ 2.43 Aditya Birla Capital Ltd. ICRA - A1+ 0.41 Sub Total 6.98 Cash margin 0.01 Cash, Cash Equivalents and Net Current Assets 5.52 Top Ten Holdings, @ Less than 0.01% Industry Allocation of Equity Holding (% of Net Assets) Industrial Products 15.28 Software 10.09 Banks 7.18 Auto Ancillaries 6.96 Hotels, Resorts & Other Recreational Activities 5.21 Media & Entertainment 4.77 Pharmaceuticals 4.72 Pesticides 3.83 Fertilisers 3.63 Construction Project 3.63 Industrial Capital Goods 3.08 Transportation 2.88 Chemicals 2.79 Ferrous Metals 2.74 Finance 2.34 Consumer Non Durables 1.98 Textiles - Cotton 1.93 Power 1.43 Construction 0.92 Auto 0.87 Consumer Durables 0.76 Cement 0.31 Textiles - Synthetic 0.16 0 2 4 6 8 10 12141618 January 2019 9
HDFC Growth Opportunities Fund (An open ended equity scheme investing in both large cap and mid cap stocks) To generate long term capital appreciation/income from a portfolio, predominantly invested in equity and equity related instruments. There is no assurance that the of the will be realized. CATEGORY OF SCHEME: Large & Mid Cap Fund Fund Manager Vinay Kulkarni (since June 28, 14) Total Experience: Over 29 years February 18, 1994 NAV (As on January 31, 2019) NAV per Unit (`) Regular Plan - Growth Option 107.114 Regular Plan - Dividend Option 20.276 Direct Plan - Growth Option 108.213 Direct Plan - Dividend Option 23.199 As on January 31, 2019 1,218.12 Average for Month of January, 2019 1,233.70 Portfolio Turnover Ratio (Last 1 year) 74.96% Risk Ratio Standard Deviation 4.281% Beta 0.969 Sharpe Ratio* 0.089 Computed for the 3-yr period ended January 31, 2019. Based on month-end NAV. * Risk free rate: 6.50% (Source: FIMMDA MIBOR) Regular: 2.33% Direct: 2.21% #BENCHMARK INDEX: NIFTY Large Midcap 250 (Total Index) ##addl. BENCHMARK INDEX: S&P BSE Sensex (Total Index) In respect of each purchase / switch-in of Units, an of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment. No is payable if Units are redeemed / switchedout after 1 year from the date of allotment. For further details, please refer to para on Pg 51. Regular Plan, Direct Plan. Under Each Plan : Growth & Dividend. The Dividend Option offers Dividend Payout and Reinvestment facility. Purchase : ` 5,000 and any amount thereafter. Purchase : ` 1,000 and any amount thereafter. Segment-wise break-up of equity holding (% of net assets) Large Cap 61.11% Mid Cap 35.49% Small Cap 2.99% Date of migration from Morgan Stanley Mutual Fund (Close of business hours - June 27, 14) Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years). to generate long-term capital appreciation/income investment predominantly in Large Cap and Mid Cap companies 10 January 2019 Investors understand that their principal will be at moderately high risk Company Industry + % to NAV Equity & Equity Related Infosys Ltd. Software 8.72 State Bank of India Banks 8.43 NTPC Ltd. Power 7.43 ICICI Bank Ltd. Banks 7.12 Reliance Industries Ltd. Petroleum Products 5.54 ITC Ltd. Consumer Non Durables 5.49 HDFC Bank Ltd. Banks 4.01 GAIL (India) Ltd. Gas 3.65 Bharat Petroleum Corporation Ltd. Petroleum Products 3.09 Indian Hotels Company Ltd. Hotels/Resorts & Other Recreational Activities 2.62 Apollo Tyres Ltd. Auto Ancillaries 2.35 Trent Ltd. Retailing 2.11 NHPC Ltd. Power 1.95 Tata Chemicals Ltd. Chemicals 1.89 Max Financial Services Ltd. Finance 1.82 Tata Motors Ltd. DVR Auto 1.79 Vedanta Ltd. Non - Ferrous Metals 1.69 Tata Global Beverages Ltd. Consumer Non Durables 1.67 Glenmark Pharmaceuticals Ltd. Pharmaceuticals 1.66 Prestige Estates Projects Ltd. Construction 1.66 Divis Laboratories Ltd. Pharmaceuticals 1.55 Castrol India Ltd. Petroleum Products 1.54 Torrent Pharmaceuticals Ltd. Pharmaceuticals 1.48 Mindtree Consulting Ltd Software 1.47 Gujarat State Petronet Ltd. Gas 1.44 Info Edge (India) Ltd. Software 1.43 Exide Industries Ltd. Auto Ancillaries 1.30 Hindustan Petroleum Corporation Ltd. Petroleum Products 1.30 Oil India Ltd. Oil 1.30 Canara Bank Banks 1.18 Indraprastha Gas Ltd. Gas 1.16 Solar Industries India Ltd. Chemicals 1.13 Emami Ltd. Consumer Non Durables 0.93 Reliance Power Ltd Power 0.88 Shriram Transport Finance Company Ltd. Finance 0.83 CESC Ltd. Power 0.80 Power Grid Corporation of India Ltd Power 0.77 Mahanagar Gas Ltd. Gas 0.69 NBCC (India) Ltd. Construction 0.62 Performance ^ - Regular plan - Growth Option $$ # ## (`) $$ # Jan 31, 18 Last 1 Year -8.66-8.23 2.06 9,134 9,177 10,206 Jan 29, 16 Last 3 Years 10.47 14.41 14.86 13,493 14,994 15,171 Jan 31, 14 Last 5 Years 9.76 17.94 13.60 15,937 22,827 18,929 Feb 18, 94 Since Inception 10.50 N.A. 10.94 120,825 N.A. 133,679 greater than 1 year period are compounded annualized (CAGR). N.A. Not Available. The, formerly a large cap fund, has undergone change in Fundamental attributes w.e.f. May 23, 2018 and become a Large and Mid-cap Fund. Accordingly, the s benchmark has also changed. Hence, the past performance of the may not strictly be comparable with that of the new benchmark. $$ All dividends declared prior to the splitting of the into Dividend & Growth Options are assumed to be reinvested in the units of the at the then prevailing NAV. For performance of other schemes managed by Vinay Kulkarni, please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 57. As TRI data is not available since inception of the scheme, additional benchmark performance is calculated using composite CAGR of S&P BSE Sensex PRI values from Feb 18, 94 to Aug 18, 96 and TRI values since Aug 19, 96. Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of January 31, 2019 unless otherwise specified. Company Industry + % to NAV Reliance Nippon Life Asset Management Ltd. Finance 0.59 Union Bank of India Banks 0.49 Dilip Buildcon Ltd. Construction 0.43 Indian Bank Banks 0.43 NLC India Ltd. Power 0.40 Tata Steel Ltd. Ferrous Metals 0.39 Larsen and Toubro Ltd. Construction Project 0.16 Spencers Retail Ltd. Retailing 0.12 Cesc Ventures Ltd. Software 0.09 V-Guard Industries Ltd. Industrial Capital Goods @ Sub Total 99.59 Cash, Cash Equivalents and Net Current Assets 0.41 Top Ten Holdings Industry Allocation of Equity Holding (% of Net Assets) Banks 21.66 Power 12.23 Software 11.71 Petroleum Products 11.47 Consumer Non Durables 8.09 Gas 6.94 Pharmaceuticals 4.69 Auto Ancillaries 3.65 Finance 3.24 Chemicals 3.02 Construction 2.71 Hotels, Resorts & Other Recreational Activities 2.62 Retailing 2.23 Auto 1.79 Non - Ferrous Metals 1.69 Oil 1.30 Ferrous Metals 0.39 Construction Project 0.16 0 5 10 15 20 25 Performance ^ - Regular plan - Growth Option Since Inception 15 year 10 year 5 year 3 year 1 year Total Amount Invested (` 000) 3,000.00 1,800.00 1,200.00 600.00 360.00 120.00 Mkt Value As on January 31, 2019 (` 000) $$ 16,448.76 3,622.24 1,851.24 698.34 391.51 117.36 $$ 11.78 8.76 8.39 6.00 5.52-4.05 # N.A. N.A. 13.60 10.81 7.95-7.39 ## 13.45 12.69 11.82 10.88 12.58 4.42 Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
HDFC Focused 30 Fund An open ended equity scheme investing in maximum 30 stocks in large-cap, mid-cap and small-cap category (i.e. Multi-Cap) To generate long term capital appreciation/income by investing in equity & equity related instruments of up to 30 companies. There is no assurance that the of the will be realized. CATEGORY OF SCHEME: Focused Fund Fund Manager Vinay Kulkarni (since November 21, 06) Total Experience: Over 29 years September 17, 2004 NAV (As on January 31, 2019) NAV per Unit (`) Regular Plan - Growth Option 72.819 Regular Plan - Dividend Option 17.477 Direct Plan - Growth Option 76.720 Direct Plan - Dividend Option 18.926 As on January 31, 2019 446.33 Average for Month of January, 2019 450.37 Portfolio Turnover Ratio (Last 1 year) 39.38% Risk Ratio Standard Deviation 4.884% Beta 1.012 Sharpe Ratio* 0.066 Computed for the 3-yr period ended January 31, 2019. Based on month-end NAV. * Risk free rate: 6.50% (Source: FIMMDA MIBOR) Regular: 2.68% Direct: 1.91% #BENCHMARK INDEX: NIFTY 500 (Total Index) ##addl. BENCHMARK INDEX: S&P BSE Sensex (Total Index) In respect of each purchase / switch-in of Units, an of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment. No is payable if Units are redeemed / switchedout after 1 year from the date of allotment. For further details, please refer to para on Pg 51. Regular Plan, Direct Plan. Under Each Plan : Growth & Dividend. The Dividend Option offers Dividend Payout and Reinvestment facility. Purchase : ` 5,000 and any amount thereafter. Purchase : ` 1,000 and any amount thereafter. Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years). to generate long-term capital appreciation / income investments in equity & equity related instruments of up to 30 companies Investors understand that their principal will be at moderately high risk Company Industry + / Rating % to NAV Equity & Equity Related Infosys Ltd. Software 9.08 ICICI Bank Ltd. Banks 7.74 State Bank of India Banks 7.64 HDFC Bank Ltd. Banks 7.46 NTPC Ltd. Power 6.70 ITC Ltd. Consumer Non Durables 5.82 Tata Steel Ltd. Ferrous Metals 4.80 Vedanta Ltd. Non - Ferrous Metals 4.29 NHPC Ltd. Power 4.03 Elecon Engineering Comapny Ltd. Industrial Capital Goods 3.45 Bharat Petroleum Corporation Ltd. Petroleum Products 3.44 Hindustan Petroleum Corporation Ltd. Petroleum Products 3.14 GAIL (India) Ltd. Gas 2.97 Titagarh Wagons Ltd. Industrial Capital Goods 2.70 Kalpataru Power Transmission Ltd. Power 2.64 Bharat Electronics Ltd. Industrial Capital Goods 2.51 KEC International Ltd. Construction Project 2.47 Axis Bank Ltd. Banks 2.43 CESC Ltd. Power 2.18 PNC Infratech Ltd. Construction 2.17 Gujarat Pipavav Port Ltd. Transportation 2.13 Tata Motors Ltd. DVR Auto 1.68 Coal India Ltd. Minerals/Mining 1.46 Transport Corporation of India Ltd. Transportation 1.24 Tata Motors Ltd. Auto 0.81 Performance ^ - Regular plan - Growth Option Since Inception 10 year Total Amount Invested (` 000) 1,730.00 1,200.00 600.00 360.00 120.00 Mkt Value As on January 31, 2019 (` 000) 4,046.70 2,023.16 696.64 372.92 112.70 11.00 10.08 5.91 2.30-11.04 # 11.88 11.76 9.73 8.36-4.58 ## 12.20 11.82 10.88 12.58 4.42 Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. Performance ^ - Regular plan - Growth Option # ## 5 year (`) 3 year 1 year # Jan 31, 18 Last 1 Year -15.51-5.95 2.06 8,449 9,405 10,206 Jan 29, 16 Last 3 Years 9.32 13.80 14.86 13,073 14,753 15,171 Jan 31, 14 Last 5 Years 14.52 15.15 13.60 19,706 20,256 18,929 Sep 17, 04 Since Inception 14.80 14.92 15.53 72,819 73,918 79,730 greater than 1 year period are compounded annualized (CAGR). For performance of other schemes managed by Vinay Kulkarni, please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 57. Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of January 31, 2019 unless otherwise specified. Company Industry + / Rating % to NAV Spencers Retail Ltd. Retailing 0.33 Cesc Ventures Ltd. Software 0.25 Sub Total 95.56 Debt & Debt Related Credit Exposure Au Small Finance Bank Ltd. IND - AA- 0.90 Sub Total 0.90 Cash, Cash Equivalents and Net Current Assets 3.54 Top Ten Holdings Industry Allocation of Equity Holding (% of Net Assets) Banks Power Software Industrial Capital Goods Petroleum Products Consumer Non Durables Ferrous Metals Non - Ferrous Metals Transportation Gas Auto Construction Project Construction Minerals/Mining Retailing 2.49 2.47 2.17 1.46 0.33 4.80 4.29 3.37 2.97 6.58 5.82 9.33 8.66 15.55 25.27 0 5 10 15 20 25 30 January 2019 11
HDFC Infrastructure Fund (An open ended equity scheme following infrastructure theme) To seek long-term capital appreciation/income by investing predominantly in equity and equity related securities of companies engaged in or expected to benefit from the growth and development of infrastructure. There is no assurance that the of the will be realized. CATEGORY OF SCHEME: Thematic Fund Fund Manager Srinivas Rao Ravuri (since March 20, 17) Total Experience: Over 23 years (The scheme was co-managed by Srinivas Rao Ravuri with Prashant Jain from inception till March 19, 17) March 10, 2008 NAV (As on January 31, 2019) NAV per Unit (`) Regular Plan - Growth Option 15.268 Regular Plan - Dividend Option 10.112 Direct Plan - Growth Option 16.050 Direct Plan - Dividend Option 13.310 As on January 31, 2019 795.70 Average for Month of January, 2019 821.25 Portfolio Turnover Ratio (Last 1 year) 20.02% Risk Ratio Standard Deviation 6.853% Beta 1.405 Sharpe Ratio* -0.015 Computed for the 3-yr period ended January 31, 2019. Based on month-end NAV. * Risk free rate: 6.50% (Source: FIMMDA MIBOR) Regular: 2.45% Direct: 1.75% #BENCHMARK INDEX: NIFTY 500 (Total Index) ##addl. BENCHMARK INDEX: NIFTY 50 (Total Index) In respect of each purchase / switch-in of Units, an of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment. No is payable if Units are redeemed / switchedout after 1 year from the date of allotment. For further details, please refer to para on Pg 51. Regular Plan, Direct Plan. Under Each Plan : Growth & Dividend. The Dividend Option offers Dividend Payout and Reinvestment facility. Purchase : ` 5,000 and any amount thereafter. Purchase : ` 1,000 and any amount thereafter. Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years). to generate long-term capital appreciation / income investment predominantly in equity and equity related securities of companies engaged in or expected to benefit from the growth and development of infrastructure Investors understand that their principal will be at high risk 12 January 2019 Company Industry + % to NAV Equity & Equity Related ICICI Bank Ltd. Banks 9.21 State Bank of India Banks 8.91 Larsen and Toubro Ltd. Construction Project 8.00 CESC Ltd. Power 4.83 JMC Projects (India) Ltd. Construction 4.18 NTPC Ltd. Power 3.97 Bharat Petroleum Corporation Ltd. Petroleum Products 3.77 Bank of Baroda Banks 3.74 Texmaco Rail & Engineering Ltd. Industrial Capital Goods 3.16 Coal India Ltd. Minerals/Mining 2.87 Hindustan Construction Company Ltd. Construction Project 2.85 Centum Electronics Ltd. Industrial Capital Goods 2.53 Premier Explosives Ltd. Chemicals 2.49 Canara Bank Banks 2.41 Rural Electrification Corporation Ltd. Finance 2.38 Dynamatic Technologies Ltd. Auto Ancillaries 2.07 Astra Microwave Products Ltd. Telecom - Equipment & Accessories 2.02 Gujarat Pipavav Port Ltd. Transportation 1.97 BEML Ltd. Industrial Capital Goods 1.96 Power Finance Corporation Ltd Finance 1.91 Vedanta Ltd. Non - Ferrous Metals 1.91 Ashoka Buildcon Ltd. Construction Project 1.74 Tata Steel Ltd. Ferrous Metals 1.68 J.Kumar Infraprojects Ltd. Construction 1.42 Dilip Buildcon Ltd. Construction 1.37 Ircon International Ltd. Construction Project 1.16 RITES Ltd. Construction Project 1.16 Punjab National Bank Banks 1.14 Gujarat State Petronet Ltd. Gas 1.11 Simplex Infrastructures Ltd. Construction 1.10 Siemens Ltd. Industrial Capital Goods 1.09 CG Power and Industrial Solutions Ltd. Industrial Capital Goods 1.08 B L Kashyap & Sons Ltd. Construction 1.04 Performance ^ - Regular plan - Growth Option Since Inception 10 year Total Amount Invested (` 000) 1,310.00 1,200.00 600.00 360.00 120.00 Mkt Value As on January 31, 2019 (` 000) 1,756.20 1,531.18 575.64 319.93 104.70 5.23 4.76-1.63-7.51-22.67 # 11.82 11.76 9.73 8.36-4.58 ## 11.43 11.40 10.13 10.81 1.57 Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. Performance ^ - Regular plan - Growth Option # ## 5 year (`) 3 year 1 year # Jan 31, 18 Last 1 Year -31.29-5.95-0.35 6,871 9,405 9,965 Jan 29, 16 Last 3 Years 2.49 13.80 14.20 10,767 14,753 14,910 Jan 31, 14 Last 5 Years 12.13 15.15 13.61 17,735 20,256 18,930 Mar 10, 08 Since Inception 3.96 9.18 9.04 15,268 26,049 25,697 greater than 1 year period are compounded annualized (CAGR). For performance of other schemes managed by Srinivas Rao Ravuri, please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 58. Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of January 31, 2019 unless otherwise specified. Company Industry + % to NAV Sadbhav Infrastructure Project Ltd. (Corporate Guarantee of Sadbhav Engineering Ltd.) Construction Project 1.04 MEP Infrastructure Developers Ltd. Transportation 0.75 Spencers Retail Ltd. Retailing 0.73 Cesc Ventures Ltd. Software 0.60 Corporation Bank Banks 0.54 Elecon Engineering Comapny Ltd. Industrial Capital Goods 0.39 Oriental Bank of Commerce Banks 0.29 Transformers & Rectifiers India Ltd. Industrial Capital Goods 0.27 Grasim Industries Ltd. Cement @ Sub Total 96.84 Cash, Cash Equivalents and Net Current Assets 3.16 Top Ten Holdings, @ Less than 0.01% Industry Allocation of Equity Holding (% of Net Assets) Banks 26.24 Construction Project 15.95 Industrial Capital Goods 10.48 Construction 9.11 Power 8.80 Finance 4.29 Petroleum Products 3.77 Minerals/Mining 2.87 Transportation 2.72 Chemicals 2.49 Auto Ancillaries 2.07 Telecom - Equipment & Accessories 2.02 Non - Ferrous Metals 1.91 Ferrous Metals 1.68 Gas 1.11 Retailing 0.73 Software 0.60 0 5 10 15 20 25 30
HDFC Balanced Advantage Fund (An open ended balanced advantage fund) To provide long term capital appreciation / income from a dynamic mix of equity and debt investments. There is no assurance that the of the will be realized. CATEGORY OF SCHEME: Balanced Advantage Fund Fund Manager Prashant Jain (since June 20, 03) Total Experience: Over 27 years Inception Date February 01, 1994 NAV (As on January 31, 2019) NAV per Unit (`) Regular Plan - Growth Option 187.216 Regular Plan - Dividend Option 28.378 Direct Plan - Growth Option 194.416 Direct Plan - Dividend Option 29.889 As on January 31, 2019 38,405.13 Average for Month of January, 2019 38,409.41 Portfolio Turnover Ratio 15.55% Average Maturity * 3.02 years Macaulay Duration * 2.66 years Modified Duration * 2.43 years Yield to Maturity * 9.39% * Computed on the invested amount for debt portfolio. Regular: 2.29% Direct: 1.19% #BENCHMARK INDEX: NIFTY 50 Hybrid Composite Debt 65:35 Index ##addl. BENCHMARK INDEX: NIFTY 50 (Total Index) In respect of each purchase / switch-in of Units, upto 15% of the units may be redeemed without any exit load from the date of allotment. Any redemption in excess of the above limit shall be subject to the following exit load: Exit load of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment of units. No is payable if Units are redeemed / switchedout after 1 year from the date of allotment. For further details, please refer to para on Pg 51. Regular Plan, Direct Plan. Under Each Plan : Growth & Dividend. The Dividend Option offers Dividend Payout and Reinvestment facility. Purchase : ` 5,000 and any amount thereafter. Purchase : ` 1,000 and any amount thereafter. Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years). Date of migration of erstwhile HDFC Prudence Fund from Zurich India Mutual Fund (Close of business hours - June 19, 03). Company Industry + / Rating % to NAV Equity & Equity Related ICICI Bank Ltd. Banks 9.16 Infosys Ltd. Software 9.00 State Bank of India Banks 8.50 Larsen and Toubro Ltd. Construction Project 6.68 NTPC Ltd. Power 3.48 Power Grid Corporation of India Ltd Power 3.46 Reliance Industries Ltd. Petroleum Products 3.36 ITC Ltd. Consumer Non Durables 2.73 Power Finance Corporation Ltd Finance 2.51 Coal India Ltd. Minerals/Mining 2.35 Axis Bank Ltd. Banks 2.10 GAIL (India) Ltd. Gas 2.08 Tata Steel Ltd. Ferrous Metals 1.79 Aurobindo Pharma Ltd. Pharmaceuticals 1.76 Bharat Petroleum Corporation Ltd. Petroleum Products 1.72 HDFC Bank Ltd. Banks 1.59 Rural Electrification Corporation Ltd. Finance 1.57 Hindustan Petroleum Corporation Ltd. Petroleum Products 1.22 Tata Chemicals Ltd. Chemicals 1.13 Tata Consultancy Services Ltd. Software 1.12 Vedanta Ltd. Non - Ferrous Metals 1.02 Punjab National Bank Banks 0.97 Cipla Ltd. Pharmaceuticals 0.95 Chambal Fertilizers & Chemicals Ltd. Fertilisers 0.91 Bank of Baroda Banks 0.85 Solar Industries India Ltd. Chemicals 0.84 Just Dial Ltd. Software 0.72 Canara Bank Banks 0.65 NHPC Ltd. Power 0.54 Gujarat Pipavav Port Ltd. Transportation 0.50 Apollo Tyres Ltd. Auto Ancillaries 0.48 Siemens Ltd. Industrial Capital Goods 0.48 CESC Ltd. Power 0.40 ABB India Ltd. Industrial Capital Goods 0.37 Apar Industries Ltd. Industrial Capital Goods 0.37 Ashoka Buildcon Ltd. Construction Project 0.37 Container Corporation of India Ltd. Transportation 0.37 Savita Oil Technologies Ltd. Petroleum Products 0.34 Company Industry + / Rating % to NAV Mishra Dhatu Nigam Ltd. Ferrous Metals 0.30 BEML Ltd. Industrial Capital Goods 0.27 Time Technoplast Ltd. Industrial Products 0.24 Union Bank of India Banks 0.24 Vijaya Bank Banks 0.21 Matrimony.com Ltd. Services 0.20 Orient Cement Ltd. Cement 0.20 Steel Authority of India Ltd. Ferrous Metals 0.19 Cochin Shipyard Ltd. Industrial Capital Goods 0.18 JMC Projects (India) Ltd. Construction 0.16 Oriental Bank of Commerce Banks 0.16 RITES Ltd. Construction Project 0.15 Kirloskar Pneumatic Ltd. Industrial Products 0.14 S Chand and Company Ltd. Media & Entertainment 0.14 Corporation Bank Banks 0.13 Dynamatic Technologies Ltd. Auto Ancillaries 0.13 Future Supply Chain Solutions Ltd. Transportation 0.13 Gujarat Industries Power Compay Ltd. Power 0.13 Reliance Nippon Life Asset Management Ltd. Finance 0.12 Titagarh Wagons Ltd. Industrial Capital Goods 0.11 CG Power and Industrial Solutions Ltd. Industrial Capital Goods 0.09 Garden Reach Shipbuilders & Engineers Ltd. Aerospace & Defence 0.09 Sagar Cements Ltd. Cement 0.09 Texmaco Rail & Engineering Ltd. Industrial Capital Goods 0.09 MEP Infrastructure Developers Ltd. Transportation 0.08 Elecon Engineering Comapny Ltd. Industrial Capital Goods 0.07 Hindustan Construction Company Ltd. Construction Project 0.06 J.Kumar Infraprojects Ltd. Construction 0.06 Spencers Retail Ltd. Retailing 0.06 Syndicate Bank Banks 0.06 Centum Electronics Ltd. Industrial Capital Goods 0.05 Cesc Ventures Ltd. Software 0.05 Ramco Systems Ltd. Software 0.05 Allahabad Bank Banks 0.02 Avenue Supermarts Ltd. Retailing @ Sub Total 82.89 Debt & Debt Related Credit Exposure State Bank of India CARE - AA+ / CRISIL - AA+ 4.70 Note: Effective close of business hours of June 1, 2018, HDFC Prudence Fund merged with HDFC Growth Fund (HDFC Balanced Advantage Fund after changes in fundamental attributes). As the portfolio characteristics and the broad investment strategy of HDFC Balanced Advantage Fund is similar to that of erstwhile HDFC Prudence Fund, the track record (i.e. since inception date, dividend history, etc.) and past performance of erstwhile HDFC Prudence Fund has been considered, in line with SEBI circular on Performance disclosure post consolidation/ merger of scheme dated April 12, 2018. Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of January 31, 2019 unless otherwise specified....contd on next page January 2019 13
HDFC Balanced Advantage Fund...Contd from previous page (An open ended balanced advantage fund) Industry Allocation of Equity Holding (% of Net Assets) Banks 24.64 Software 10.94 Power 8.01 Construction Project 7.26 Petroleum Products 6.64 Finance 4.20 Consumer Non Durables 2.73 Pharmaceuticals 2.71 Minerals/Mining 2.35 Ferrous Metals 2.28 Industrial Capital Goods 2.08 Gas 2.08 Chemicals 1.97 Transportation 1.08 Non - Ferrous Metals 1.02 Fertilisers 0.91 Auto Ancillaries 0.61 Industrial Products 0.38 Cement 0.29 Construction 0.22 Services 0.20 Media & Entertainment 0.14 Aerospace & Defence 0.09 Retailing 0.06 0 5 10 15 20 25 30 Company Industry + / Rating % to NAV Tata Sons Ltd. CRISIL - AAA 3.47 HDFC Bank Ltd. CARE - AA+ 1.82 Canara Bank CRISIL - AA 1.70 ICICI Bank Ltd. ICRA - AA+ 1.23 Punjab National Bank CARE - A+ 1.11 Union Bank of India CARE - AA- 0.75 Axis Bank Ltd. CRISIL - AA+ 0.61 Syndicate Bank CARE - A+ 0.34 Andhra Bank CARE - A+ 0.05 Sub Total 15.78 Company Industry + / Rating % to NAV MUTUAL FUND UNITS HDFC Sensex Exchange Traded Fund 0.03 Sub Total 0.03 Cash, Cash Equivalents and Net Current Assets 1.30 Top Ten Holdings Portfolio Classification By Asset Class Equity 82.89 Credit Exposure 15.78 Mutual Fund Units 0.03 Cash, Cash Equivalents and Net Current Assets 1.33 Portfolio Classification By Rating Class Equity 82.89 AAA/AAA(SO)/A1+/A1+(SO) & Equivalent 3.47 AA+ 8.36 AA/AA- 2.45 A+ & Below 1.50 Mutual Fund Units 0.03 Cash, Cash Equivalents and Net Current Assets 1.30 Performance ^ - Regular plan - Growth Option Since Inception 15 year 10 year 5 year 3 year 1 year Total Amount Invested (` 000) 3,000.00 1,800.00 1,200.00 600.00 360.00 120.00 Mkt Value As on January 31, 2019 (` 000) $$ 56,006.89 6,163.00 2,385.27 758.87 403.89 120.80 $$ 19.31 14.99 13.17 9.32 7.61 1.24 # N.A. 11.06 10.37 9.33 9.32 4.25 ## N.A. 12.29 11.40 10.13 10.81 1.57 Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. to generate long-term capital appreciation / income investments in a mix of equity and debt instruments Investors understand that their principal will be at moderately high risk Performance ^ - Regular plan - Growth Option $$ # ## (`) $$ # Jan 31, 18 Last 1 Year -5.25 2.18-0.35 9,475 10,218 9,965 Jan 29, 16 Last 3 Years 13.09 12.00 14.20 14,476 14,063 14,910 Jan 31, 14 Last 5 Years 16.23 12.11 13.61 21,221 17,716 18,930 Feb 01, 94 Since Inception 18.46 N.A. N.A. 692,879 N.A. N.A. greater than 1 year period are compounded annualized (CAGR). N.A. Not Available. performance may not strictly be comparable with that of its in view of balanced nature of the scheme where a portion of scheme s investments are made in debt instruments. $$ All dividends declared prior to the splitting of the into Dividend & Growth Options are assumed to be reinvested in the units of the at the then prevailing NAV (ex-dividend NAV). For performance of other schemes managed by Prashant Jain, please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 57. Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of January 31, 2019 unless otherwise specified. 14 January 2019
HDFC Hybrid Equity Fund (An open ended hybrid scheme investing predominantly in equity and equity related instruments) The of the is to generate capital appreciation / income from a portfolio, predominantly of equity & equity related instruments. The will also invest in debt and money market instruments. There is no assurance that the of the will be realized. CATEGORY OF SCHEME: Aggressive Hybrid Fund Fund Manager Chirag Setalvad (since April 2, 07) Total Experience: Over 21 years Inception Date September 11, 2000 NAV (As on January 31, 2019) NAV per Unit (`) Regular Plan - Growth Option 51.121 Regular Plan - Dividend Option 11.626 Direct Plan - Growth Option 53.178 Direct Plan - Dividend Option 12.284 As on January 31, 2019 21,700.39 Average for Month of January, 2019 21,786.27 Portfolio Turnover Ratio (Last 1 year) 7.99% Average Maturity * 3.11 years Macaulay Duration * 2.61 years Modified Duration * 2.44 years Yield to Maturity * 8.12% * Computed on the invested amount for debt portfolio. Regular: 2.05% Direct: 1.18% #BENCHMARK INDEX: NIFTY 50 Hybrid Composite Debt 65:35 Index ##addl. BENCHMARK INDEX: NIFTY 50 (Total Index) In respect of each purchase/switch-in of Units, upto 15% of the units may be redeemed without any exit load from the date of allotment. Any redemption in excess of the above limit shall be subject to the following exit load: Exit load of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment of units. No is payable if Units are redeemed / switchedout after 1 year from the date of allotment. For further details, please refer to para on Pg 51. Regular Plan, Direct Plan. Under Each Plan : Growth & Dividend. The Dividend Option offers Dividend Payout and Reinvestment facility. Purchase : ` 5,000 and any amount thereafter. Purchase : ` 1,000 and any amount thereafter. SEGMENT-WISE BREAK-UP OF EQUITY HOLDINGS (% of net assets) Large Cap 48.00% Mid Cap 12.27% Small Cap 8.16% Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years). Company Industry + / Rating % to NAV Equity & Equity Related HDFC Bank Ltd. Banks 7.12 Infosys Ltd. Software 4.89 Housing Development Finance Corporation Ltd. Finance 4.08 ICICI Bank Ltd. Banks 3.95 ITC Ltd. Consumer Non Durables 3.23 Larsen and Toubro Ltd. Construction Project 3.11 Aurobindo Pharma Ltd. Pharmaceuticals 2.67 Axis Bank Ltd. Banks 2.50 Reliance Industries Ltd. Petroleum Products 2.23 State Bank of India Banks 1.86 Aarti Industries Ltd. Chemicals 1.73 SKF India Ltd. Industrial Products 1.44 Indusind Bank Ltd. Banks 1.41 Power Grid Corporation of India Ltd Power 1.34 UPL Ltd. Pesticides 1.34 Voltas Ltd. Construction Project 1.17 Tata Steel Ltd. Ferrous Metals 1.10 Bharat Electronics Ltd. Industrial Capital Goods 1.06 Hindustan Petroleum Corporation Ltd. Petroleum Products 0.99 Balkrishna Industries Ltd. Auto Ancillaries 0.98 The Federal Bank Ltd. Banks 0.97 Vedanta Ltd. Non - Ferrous Metals 0.95 Atul Ltd. Chemicals 0.94 Bank of Baroda Banks 0.93 Indian Hotels Company Ltd. Hotels/Resorts & Other Recreational Activities 0.90 KEC International Ltd. Construction Project 0.90 Petronet Lng Ltd. Gas 0.85 TI Financial Holdings Ltd. Finance 0.80 Bharti Airtel Ltd. Telecom - Services 0.71 Hero MotoCorp Ltd. Auto 0.70 NIIT Technologies Ltd Software 0.66 Hexaware Technologies Ltd. Software 0.65 Tube Investments of India Ltd. Auto Ancillaries 0.65 YES Bank Ltd. Banks 0.63 Torrent Pharmaceuticals Ltd. Pharmaceuticals 0.59 Tata Consultancy Services Ltd. Software 0.58 Mahindra Holidays & Resorts Hotels/Resorts & Other India Ltd. Recreational Activities 0.56 Bharat Petroleum Corporation Ltd. Petroleum Products 0.55 Sadbhav Engineering Ltd. Construction Project 0.48 Edelweiss Financial Services Ltd. Finance 0.47 PNC Infratech Ltd. Construction 0.47 Vardhman Textiles Ltd. Textiles - Cotton 0.42 Company Industry + / Rating % to NAV Tamilnadu Newsprint & Papers Ltd. Paper 0.41 Vst Industries Ltd. Consumer Non Durables 0.41 Allahabad Bank Banks 0.36 Zensar Technologies Ltd. Software 0.36 Sharda Cropchem Ltd. Pesticides 0.34 Ipca Laboratories Ltd. Pharmaceuticals 0.33 Carborundum Universal Ltd. Industrial Products 0.29 Tata Motors Ltd. DVR Auto 0.29 Redington (India) Ltd. Transportation 0.27 Kalpataru Power Transmission Ltd. Power 0.26 ICICI Securities Ltd Finance 0.23 Jagran Prakashan Ltd. Media & Entertainment 0.23 Kaveri Seed Company Ltd. Consumer Non Durables 0.18 Navneet Education Ltd. Media & Entertainment 0.15 Rallis India Ltd. Pesticides 0.15 MM Forgings Ltd. Industrial Products 0.14 Persistent Systems Ltd. Software 0.12 Greenply Industries Ltd. Consumer Durables 0.11 IFB Industries Ltd. Consumer Durables 0.10 Atul Auto Ltd. Auto 0.08 Insecticides (India) Ltd. Pesticides 0.05 J.Kumar Infraprojects Ltd. Construction 0.01 Sub Total 68.43 Debt & Debt Related Government Securities (Central/State) 7.16 GOI 2023 Sovereign 1.47 6.84 GOI 2022 Sovereign 1.37 8.2 GOI 2025 Sovereign 0.84 7.35 GOI 2024 Sovereign 0.69 8.08 GOI 2022 Sovereign 0.62 7.72 GOI 2025 Sovereign 0.47 8.24 GOI 2033 Sovereign 0.46 8.15 GOI 2022 Sovereign 0.38 7.68 GOI 2023 Sovereign 0.37 8.83 GOI 2023 Sovereign 0.26 8.4 GOI 2024 Sovereign 0.24 8.6 GOI 2028 Sovereign 0.20 8.35 GOI 2022 Sovereign 0.19 6.35 GOI 2020 Sovereign 0.17 7.8 GOI 2020 Sovereign 0.12 8.12 GOI 2020 Sovereign 0.10 8.13 GOI 2045 Sovereign 0.10 8.2 GOI 2022 Sovereign 0.01 Sub Total 8.06 Credit Exposure Tata Sons Ltd. CRISIL - AAA 4.44 Note: Effective close of business hours of June 1, 2018, HDFC Balanced Fund merged with HDFC Premier Multi Cap Fund (HDFC Hybrid Equity Fund after changes in fundamental attributes). As the portfolio characteristics and the broad investment strategy of HDFC Hybrid Equity Fund is similar to that of erstwhile HDFC Balanced Fund, the track record (i.e. since inception date dividend history, etc) and past performance of erstwhile HDFC Balanced Fund has been considered, in line with SEBI circular on Performance disclosure post consolidation/ merger of scheme dated April 12, 2018. Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of January 31, 2019 unless otherwise specified. January 2019 15
HDFC Hybrid Equity Fund (An open ended hybrid scheme investing predominantly in equity and equity related instruments)...contd from previous page Industry Allocation of Equity Holding (% of Net Assets) Banks 19.73 Software 7.26 Construction Project 5.66 Finance 5.58 Consumer Non Durables 3.82 Petroleum Products 3.77 Pharmaceuticals 3.59 Chemicals 2.67 Pesticides 1.88 Industrial Products 1.87 Auto Ancillaries 1.63 Power 1.60 Hotels, Resorts & Other Recreational Activities 1.46 Ferrous Metals 1.10 Auto 1.07 Industrial Capital Goods 1.06 Non - Ferrous Metals 0.95 Gas 0.85 Telecom - Services 0.71 Construction 0.48 Textiles - Cotton 0.42 Paper 0.41 Media & Entertainment 0.38 Transportation 0.27 Consumer Durables 0.21 0 5 10 15 20 25 Company Industry + / Rating % to NAV LIC Housing Finance Ltd. CARE - AAA / CRISIL - AAA 2.36 Power Finance Corporation Ltd CARE - AAA / CRISIL - AAA / ICRA - AAA 2.32 National Bank for Agriculture and Rural Development CRISIL - AAA 1.61 Axis Bank Ltd. CRISIL - AA+ 1.56 Small Industries Development Bank CARE - AAA 1.39 Housing Development Finance Corporation Ltd. CRISIL - AAA 1.30 L&T Finance Ltd. CARE - AAA 1.18 ONGC Petro additions Ltd. (OPAL) (Put on ONGC Ltd.) CRISIL - AAA(SO) 0.92 Rural Electrification Corporation Ltd. CARE - AAA / CRISIL - AAA / IND - AAA 0.71 Shriram Transport Finance Company Ltd. CRISIL - AA+ 0.68 National Highways Authority of India CARE - AAA 0.57 Punjab National Bank CARE - A+ 0.44 Cholamandalam Investment & Finance ICRA - AA+ 0.35 Company Industry + / Rating % to NAV State Bank of India CRISIL - AA+ 0.23 HDFC Bank Ltd. CRISIL - AAA 0.22 M&M Financial Services Ltd. CARE - AAA 0.21 Tata Capital Financial Services Ltd. ICRA - AAA 0.17 Syndicate Bank CARE - A+ 0.14 Oriental Bank of Commerce CARE - A+ 0.13 ICICI Bank Ltd. CARE - AAA 0.11 Andhra Bank CARE - A+ 0.09 Hindalco Industries Ltd CRISIL - AA 0.05 Sub Total 21.18 Total 29.24 MUTUAL FUND UNITS HDFC Nifty Exchange Traded Fund 0.66 Sub Total 0.66 Cash, Cash Equivalents and Net Current Assets 1.67 Top Ten Holdings, Co-sponsor Portfolio Classification by Asset Class Equity 68.43 G-Sec 8.06 Credit Exposure 21.18 Mutual Fund Units 0.66 Cash, Cash Equivalents and Net Current Assets 1.67 Portfolio Classification by rating Class Equity 68.43 Sovereign 8.06 AAA/AAA(SO)/A1+/A1+(SO) & 17.51 Equivalent AA+ 2.82 AA/AA- 0.05 A+ & Below 0.80 Mutual Fund Units 0.66 Cash, Cash Equivalents and Net 1.67 Current Assets PRODUCT LABELLING to generate long-term capital appreciation / income. investments predominantly in equity & equity related instruments. The will also invest in debt and money market instruments. Investors understand that their principal will be at moderately high risk 16 January 2019 Performance ^ - Regular plan - Growth Option Since Inception 15 year 10 year Total Amount Invested (` 000) 2,210.00 1,800.00 1,200.00 600.00 360.00 120.00 Mkt Value As on January 31, 2019 (` 000) 11,825.76 6,062.63 2,531.78 767.31 401.09 119.19 16.08 14.80 14.28 9.77 7.14-1.25 # N.A. 11.06 10.37 9.33 9.32 4.25 ## 14.43 12.29 11.40 10.13 10.81 1.57 Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. Performance ^ - Regular plan - Growth Option # ## (`) 5 year 3 year 1 year # Jan 31, 18 Last 1 Year -4.39 2.18-0.35 9,561 10,218 9,965 Jan 29, 16 Last 3 Years 12.33 12.00 14.20 14,186 14,063 14,910 Jan 31, 14 Last 5 Years 16.40 12.11 13.61 21,375 17,716 18,930 Sep 11, 00 Since Inception 15.70 N.A. 13.09 146,395 N.A. 96,209 greater than 1 year period are compounded annualized (CAGR). N.A. Not Available. performance may not strictly be comparable with that of its in view of balanced nature of the scheme where a portion of scheme s investments are made in debt instruments. For performance of other schemes managed by Chirag Setalvad, please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 57. Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of January 31, 2019 unless otherwise specified.
HDFC Multi-Asset Fund (An open ended scheme investing in equity and equity related instruments, debt & money market instruments and gold) The objective of the is to generate long term capital appreciation/income by investing in a diversified portfolio of equity & equity related instruments, debt & money market instruments and Gold. There is no assurance that the of the will be realized. CATEGORY OF SCHEME: Multi Asset Allocation Fund Fund Manager Chirag Setalvad (Equities) (since April 2, 07) Total Experience - Over 21 years & Anil Bamboli (Debt) (since August 17, 05) Total Experience: Over 23 years Krishan Kumar Daga (Gold) (since May 23, 18) Total Experience: Over 22 years August 17, 2005 NAV (As on January 31, 2019) NAV per Unit (`) Regular Plan - Growth Option 30.728 Regular Plan - Dividend Option 10.955 Direct Plan - Growth Option 31.847 Direct Plan - Dividend Option 11.973 As on January 31, 2019 148.88 Average for Month of January, 2019 148.68 Portfolio Turnover Ratio 110.36% Regular: 2.75% Direct: 2.25% #BENCHMARK INDEX: 90% NIFTY 50 Hybrid Composite Debt 65:35 Index + 10% Domestic Price of Gold ##addl. BENCHMARK INDEX: NIFTY 50 (Total Index) In respect of each purchase / switch-in of Units, 15% of the units ( the limit ) may be redeemed without any from the date of allotment. Any redemption in excess of the above limit shall be subject to the following exit load: t of 1.00% is payable if units are redeemed / switched out within 12 months from the date of allotment. No is payable if units are redeemed / switched out after 12 months from the date of allotment. For further details, please refer to para on Pg 51. Regular Plan, Direct Plan. Under Each Plan : Growth & Dividend. The Dividend Option offers Dividend Payout and Reinvestment facility. Purchase : ` 5,000 and any amount thereafter. Purchase : ` 1,000 and any amount thereafter. Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years). to generate long-term capital appreciation/income investments in a diversified portfolio of equity & equity related instruments, debt & money market instruments and Gold Investors understand that their principal will be at moderately high risk Performance ^ - Regular plan - Growth Option Since Inception 10 year 5 Year 3 Year 1 Year Total Amount Invested (` 000) 1,620.00 1,200.00 600.00 360.00 120.00 Mkt Value As on January 31, 2019 (` 000) 2,971.75 1,820.71 690.58 380.01 118.71 8.53 8.08 5.56 3.54-1.98 # N.A. N.A. 9.09 9.16 5.43 ## 11.15 11.40 10.13 10.81 1.57 Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. Performance ^ - Regular plan - Growth Option # ## (`) # Jan 31, 18 Last 1 Year -1.93 3.00-0.35 9,807 10,300 9,965 Jan 29, 16 Last 3 Years 6.48 11.65 14.20 12,077 13,929 14,910 Jan 31, 14 Last 5 Years 8.67 11.37 13.61 15,161 17,137 18,930 Aug 17, 05 Since Inception 8.69 N.A. 13.21 30,728 N.A. 53,185 greater than 1 year period are compounded annualized (CAGR). N.A. Not Available. The formerly, a debt oriented hybrid fund, has undergone change in Fundamental attributes w.e.f. May 23, 2018 and become a multi asset fund investing in equities, debt and gold. Accordingly, the s benchmark has also changed. Hence, the performance of the from inception till May 22, 2018 may not strictly be comparable with those of the new benchmark and the additional benchmark. performance may not strictly be comparable with that of its in view of hybrid nature of the scheme where a portion of scheme s investments are made in debt instruments and gold. For performance of other schemes managed by Chirag Setalvad (Equities), Anil Bamboli (Debt) and Krishan Kumar Daga (Gold), please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 63. Portfolio Classification By Asset Class Equity 75.61 Gold 9.60 Cash, Cash Equivalents and Net Current Assets 14.79 Industry Allocation of Equity Holding (% of Net Assets) Banks Software Petroleum Products Chemicals Construction Project Industrial Products Finance Auto Ancillaries Consumer Non Durables Auto Pharmaceuticals Industrial Capital Goods Pesticides Transportation Consumer Durables Telecom - Services Media & Entertainment Power Non - Ferrous Metals Ferrous Metals 6.90 5.04 4.75 4.63 4.24 3.56 3.10 2.76 1.77 1.74 1.49 1.01 0.78 0.77 0.46 0.41 0.35 0.35 15.93 12.03 0 2 4 6 8 10 12 14 16 18 Portfolio Classification By Rating Class Equity 75.61 Gold 9.60 Cash, Cash Equivalents and Net Current Assets 14.79 Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of January 31, 2019 unless otherwise specified. January 2019 17
HDFC Multi-Asset Fund (An open ended scheme investing in equity and equity related instruments, debt & money market instruments and gold)...contd from previous page Company Industry + / Rating % to NAV (Hedged & Unhedged) % exposure of Derivative Equity & Equity Related HDFC Bank Ltd. Banks 7.56 0.00 Reliance Industries Ltd. Petroleum Products 4.04 0.00 Infosys Ltd. Software 3.96 0.00 ICICI Bank Ltd. Banks 3.48 0.00 Larsen and Toubro Ltd. Construction Project 3.27 0.00 Housing Development Finance Corporation Ltd. Finance 3.07 0.00 Niit Technologies Ltd Software 2.99 0.00 Oriental Carbon & Chemicals Ltd. Chemicals 2.86 0.00 State Bank of India Banks 2.64 0.00 ITC Ltd. Consumer Non Durables 2.27 0.00 Aarti Industries Ltd. Chemicals 2.18 0.00 Ashok Leyland Ltd Auto 1.99 1.99 Tata Consultancy Services Ltd. Software 1.91 0.00 Shaily Engineering Plastics Ltd. Industrial Products 1.88 0.00 Sonata Software Ltd. Software 1.85 0.00 Reliance Infrastructure Ltd. Power 1.55 1.55 Gabriel India Ltd. Auto Ancillaries 1.53 0.00 Sharda Cropchem Ltd. Pesticides 1.49 0.00 KEC International Ltd. Construction Project 1.48 0.00 Firstsource Solutions Ltd Software 1.32 0.00 Tata Motors Ltd. DVR Auto 1.26 0.00 Bharat Petroleum Corporation Ltd. Petroleum Products 1.25 0.00 Axis Bank Ltd. Banks 1.19 0.00 Carborundum Universal Ltd. Industrial Products 1.19 0.00 Rural Electrification Corporation Ltd. Finance 1.17 0.00 Gujarat Fluorochemicals Ltd. Industrial Capital Goods 1.16 0.00 Torrent Pharmaceuticals Ltd. Pharmaceuticals 1.10 0.00 Redington (India) Ltd. Transportation 1.01 0.00 Hindustan Petroleum Corporation Ltd. Petroleum Products 0.95 0.00 Balkrishna Industries Ltd. Auto Ancillaries 0.87 0.00 Tata Motors Ltd. Auto 0.85 0.00 Company Industry + / Rating % to NAV (Hedged & Unhedged) % exposure of Derivative Timken India Ltd. Industrial Products 0.84 0.00 VST Industries Ltd. Consumer Non Durables 0.83 0.00 Greenply Industries Ltd. Consumer Durables 0.78 0.00 Bharti Airtel Ltd. Telecom - Services 0.77 0.00 Indusind Bank Ltd. Banks 0.73 0.00 Vesuvius India Ltd. Industrial Products 0.72 0.00 Ipca Laboratories Ltd. Pharmaceuticals 0.67 0.00 Savita Oil Technologies Ltd. Petroleum Products 0.66 0.00 Hero MotoCorp Ltd. Auto 0.65 0.00 Banco Products (I) Ltd. Auto Ancillaries 0.63 0.00 Apar Industries Ltd. Industrial Capital Goods 0.58 0.00 Suprajit Engineering Ltd. Auto Ancillaries 0.53 0.00 Jagran Prakashan Ltd. Media & Entertainment 0.46 0.00 Power Grid Corporation of India Ltd Power 0.41 0.00 Tata Steel Ltd. Ferrous Metals 0.35 0.00 Vedanta Ltd. Non - Ferrous Metals 0.35 0.00 Union Bank of India Banks 0.33 0.00 Sub Total 75.61 DEBT & DEBT RELATED Gold Gold Bar 1 Kg (0.995 purity) NA - NA 9.60 Sub Total 9.60 MUTUAL FUND UNITS HDFC Gold Exchange Traded Fund 2.22 Sub Total 2.22 Short Term Deposits as margin for Futures & Options 2.69 Cash margin 0.32 Cash, Cash Equivalents and Net Current Assets 9.56 Top Ten Holdings, Co-sponsor Outstanding exposure in derivative instruments (` in Crore) 5.30 Hedged position in Equity & Equity related instruments Outstanding derivative exposure (% age) 3.56 Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of January 31, 2019 unless otherwise specified. 18 January 2019
HDFC NIFTY 50 ETF (An open ended scheme replicating / tracking NIFTY 50 index) The of HDFC Nifty 50 ETF is to generate returns that are commensurate with the performance of the NIFTY 50 Index, subject to tracking error. There is no assurance that the of the will be realized. CATEGORY OF SCHEME: Exchange Traded Fund Fund Manager Krishan Kumar Daga (since December 09, 15) Total Experience: Over 22 years December 09, 2015 NAV (As on January 31, 2019) NAV per Unit (`) Growth Option 1,123.28 j As on January 31, 2019 260.14 Average for Month of January, 2019 251.51 Portfolio Turnover Ratio (Last 1 year) 9.62% tracking ERROR Annualised tracking error is calculated based on daily rolling returns for the last 12 months: 0.05% HDFC NIFTY 50 ETF 0.05% #BENCHMARK INDEX: NIFTY 50 (Total Index) ##addl. BENCHMARK INDEX: S&P BSE SENSEX (Total Index) For Creation Unit Size: No Exit load will be levied on redemptions made by Authorised Participants / Large Investors directly with the Fund in Creation Unit Size. For other than Creation Unit Size: N.A. The Units of HNETF in other than Creation Unit Size cannot be directly redeemed with the Fund. These Units can be redeemed (sold) on a continuous basis on the NSE and BSE during the trading hours on all trading days. Refer SID for further details. For further details, please refer to para on Pg 51. HDFC NIFTY 50 ETF. Presently the does not offer any Plans / Options for investment (Under each Plan / Option) Authorised Participants / Large Investors: Application for subscription of HNETF Units in Creation Unit Size can be made either: (i) in exchange of the Portfolio Deposit; or (ii) by depositing basket of securities comprising NIFTY 50 Index Each Creation Unit Size will consist of 4,000 Units of HNETF and 1 Unit of HNETF will be approximately equal to 1/10th of the value of NIFTY 50 Index. Other investors (including Authorised Participants and Large Investors): Units of HNETF can be subscribed (in lots of 1 Unit) during the trading hours on all trading days on the NSE and BSE on which the Units will be listed. Company Industry + % to NAV Equity & Equity Related HDFC Bank Ltd. Banks 10.30 Reliance Industries Ltd. Petroleum Products 9.69 Housing Development Finance Corporation Ltd. Finance 7.31 Infosys Ltd. Software 6.57 ITC Ltd. Consumer Non Durables 5.51 ICICI Bank Ltd. Banks 5.41 Tata Consultancy Services Ltd. Software 4.88 Kotak Mahindra Bank Ltd. Banks 3.87 Larsen and Toubro Ltd. Construction Project 3.74 Axis Bank Ltd. Banks 2.96 Hindustan Unilever Ltd. Consumer Non Durables 2.91 State Bank of India Banks 2.54 Maruti Suzuki India Ltd. Auto 2.04 Indusind Bank Ltd. Banks 1.78 Asian Paints Ltd. Consumer Non Durables 1.47 Mahindra & Mahindra Ltd. Auto 1.46 Bajaj Finance Ltd. Finance 1.41 HCL Technologies Ltd. Software 1.29 NTPC Ltd. Power 1.09 Sun Pharmaceutical Industries Ltd. Pharmaceuticals 1.08 Tech Mahindra Ltd. Software 1.06 Oil & Natural Gas Corporation Ltd. Oil 1.00 Power Grid Corporation of India Ltd Power 1.00 Titan Company Ltd. Consumer Durables 0.96 Wipro Ltd. Software 0.96 Bharti Airtel Ltd. Telecom - Services 0.93 Coal India Ltd. Minerals/Mining 0.87 Bajaj Finserv Ltd. Finance 0.85 UltraTech Cement Ltd. Cement 0.85 Vedanta Ltd. Non - Ferrous Metals 0.85 Tata Steel Ltd. Ferrous Metals 0.83 YES Bank Ltd. Banks 0.83 Bajaj Auto Ltd. Auto 0.80 Hero MotoCorp Ltd. Auto 0.78 Indian Oil Corporation Ltd. Petroleum Products 0.77 Dr Reddys Laboratories Ltd. Pharmaceuticals 0.76 Tata Motors Ltd. Auto 0.76 Company Industry + % to NAV Hindalco Industries Ltd Non - Ferrous Metals 0.70 GAIL (India) Ltd. Gas 0.69 UPL Ltd. Pesticides 0.67 Grasim Industries Ltd. Cement 0.66 Bharat Petroleum Corporation Ltd. Petroleum Products 0.64 JSW Steel Ltd Ferrous Metals 0.64 Adani Ports & Special Economic Zone Transportation 0.62 Cipla Ltd. Pharmaceuticals 0.61 Eicher Motors Ltd. Auto 0.61 Bharti Infratel Ltd. Telecom - Equipment & Accessories 0.57 Indiabulls Housing Finance Ltd. Finance 0.51 Zee Entertainment Enterprises Ltd Media & Entertainment 0.49 Hindustan Petroleum Corporation Ltd. Petroleum Products 0.40 Sub Total 99.98 Cash, Cash Equivalents and Net Current Assets 0.02 Top Ten Holdings, Co-sponsor Industry Allocation of Equity Holding (% of Net Assets) Banks Software Petroleum Products Finance Consumer Non Durables Auto Construction Project Pharmaceuticals Power Non - Ferrous Metals Cement Ferrous Metals Oil Consumer Durables Telecom - Services Minerals/Mining Gas Pesticides Transportation Telecom - Equipment & Accessories Media & Entertainment j Includes investments made by the schemes of HDFC Mutual Fund aggregating to Rs. 143.63 Crores 14.76 11.50 10.08 9.89 6.45 3.74 2.45 2.09 1.55 1.51 1.47 1.00 0.96 0.93 0.87 0.69 0.67 0.62 0.57 0.49 27.69 0 5 10 15 20 25 30 returns that are commensurate with the performance of the NIFTY 50, subject to tracking errors over long term investment in equity securities covered by the NIFTY 50 Investors understand that their principal will be at moderately high risk Performance *^ # Face Value per Unit: ` 761.25, + Industry Classification as recommended by AMFI, Data is as of January 31, 2019 unless otherwise specified. ## (`) # Jan 31, 18 Last 1 Year -0.36-0.35 2.06 9,964 9,965 10,206 Jan 29, 16 Last 3 Years 14.10 14.20 14.86 14,870 14,910 15,171 Dec 09, 15 Since Inception 13.15 13.31 13.93 14,756 14,818 15,075 are compounded annualized (CAGR). * The does not offer any Plans/Options. The is in existence for more than 1 year but less than 5 years. For performance of other schemes managed by Krishan Kumar Daga, please refer page 51. January 2019 19
HDFC Index Fund - NIFTY 50 Plan (An open ended scheme replicating / tracking NIFTY 50 index) The of the is to generate returns that are commensurate with the performance of the NIFTY 50 Index, subject to tracking errors. There is no assurance that the of the will be realized. CATEGORY OF SCHEME: Index Fund Fund Manager Krishan Kumar Daga (since October 19, 15) Total Experience: Over 22 years July 17, 2002 NAV (As on January 31, 2019) NAV per Unit (`) Regular Plan - Growth Option 98.1162 Direct Plan - Growth Option 99.1384 As on January 31, 2019 534.40 Average for Month of January, 2019 517.55 Portfolio Turnover Ratio (Last 1 year) 37.56% tracking ERROR Annualised tracking error is calculated based on daily rolling returns for the last 12 months: 0.11% Regular: 0.30% Direct: 0.10% #BENCHMARK INDEX: NIFTY 50 (Total Index) ##addl. BENCHMARK INDEX: S&P BSE SENSEX (Total Index) In respect of each purchase / switch-in of Units, an of 0.25% is payable if Units are redeemed / switched-out within 3 days from the date of allotment. No Exit load is payable if units are redeemed / switched out after 3 days from the date of allotment. For further details, please refer to para on Pg 51. Regular Plan, Direct Plan. Each Plan offers Growth Option only. Purchase : ` 5,000 and any amount thereafter. Purchase : ` 1,000 and any amount thereafter. returns that are commensurate with the performance of the NIFTY 50, subject to tracking errors over long term investment in equity securities covered by the NIFTY 50 Investors understand that their principal will be at moderately high risk 20 January 2019 Company Industry + % to NAV Equity & Equity Related HDFC Bank Ltd. Banks 10.38 Reliance Industries Ltd. Petroleum Products 9.76 Housing Development Finance Corporation Ltd. Finance 7.36 Infosys Ltd. Software 6.62 ITC Ltd. Consumer Non Durables 5.55 ICICI Bank Ltd. Banks 5.45 Tata Consultancy Services Ltd. Software 4.92 Kotak Mahindra Bank Ltd. Banks 3.90 Larsen and Toubro Ltd. Construction Project 3.77 Axis Bank Ltd. Banks 2.98 Hindustan Unilever Ltd. Consumer Non Durables 2.93 State Bank of India Banks 2.56 Maruti Suzuki India Ltd. Auto 2.05 Indusind Bank Ltd. Banks 1.79 Asian Paints Ltd. Consumer Non Durables 1.48 Mahindra & Mahindra Ltd. Auto 1.47 Bajaj Finance Ltd. Finance 1.42 HCL Technologies Ltd. Software 1.30 NTPC Ltd. Power 1.10 Sun Pharmaceutical Industries Ltd. Pharmaceuticals 1.09 Tech Mahindra Ltd. Software 1.07 Oil & Natural Gas Corporation Ltd. Oil 1.01 Power Grid Corporation of India Ltd Power 1.01 Titan Company Ltd. Consumer Durables 0.97 Wipro Ltd. Software 0.97 Bharti Airtel Ltd. Telecom - Services 0.94 Coal India Ltd. Minerals/Mining 0.87 Bajaj Finserv Ltd Finance 0.86 UltraTech Cement Ltd. Cement 0.85 Vedanta Ltd. Non - Ferrous Metals 0.85 Tata Steel Ltd. Ferrous Metals 0.84 YES Bank Ltd. Banks 0.83 Bajaj Auto Ltd. Auto 0.81 Hero MotoCorp Ltd. Auto 0.79 Dr Reddys Laboratories Ltd. Pharmaceuticals 0.77 Indian Oil Corporation Ltd. Petroleum Products 0.77 Tata Motors Ltd. Auto 0.77 Hindalco Industries Ltd Non - Ferrous Metals 0.71 GAIL (India) Ltd. Gas 0.70 Performance ^ - Regular plan - Growth Option Since Inception Company Industry + % to NAV UPL Ltd. Pesticides 0.67 Grasim Industries Ltd. Cement 0.66 JSW Steel Ltd Ferrous Metals 0.65 Bharat Petroleum Corporation Ltd. Petroleum Products 0.64 Adani Ports & Special Economic Zone Transportation 0.62 Cipla Ltd. Pharmaceuticals 0.61 Eicher Motors Ltd. Auto 0.61 Bharti Infratel Ltd. Telecom - Equipment & Accessories 0.58 Indiabulls Housing Finance Ltd. Finance 0.51 Zee Entertainment Enterprises Ltd Media & Entertainment 0.49 Hindustan Petroleum Corporation Ltd. Petroleum Products 0.41 Sub Total 100.72 Cash, Cash Equivalents and Net Current Assets -0.72 Top Ten Holdings, Co-sponsor 15 year 10 year Total Amount Invested (` 000) 1,990.00 1,800.00 1,200.00 600.00 360.00 120.00 Mkt Value As on January 31, 2019 (` 000) 5,866.71 4,231.07 2,085.36 765.22 420.34 120.77 11.93 10.61 10.65 9.66 10.32 1.18 # 13.96 12.29 11.40 10.13 10.81 1.57 ## 14.50 12.69 11.82 10.88 12.58 4.42 Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. Performance ^ - Regular plan - Growth Option # ## (`) 5 year 3 year 1 year # Jan 31, 18 Last 1 Year -0.63-0.35 2.06 9,937 9,965 10,206 Jan 29, 16 Last 3 Years 13.64 14.20 14.86 14,690 14,910 15,171 Jan 31, 14 Last 5 Years 13.09 13.61 13.60 18,507 18,930 18,929 Jul 17, 02 Since Inception 14.57 16.90 17.57 95,019 132,572 145,692 greater than 1 year period are compounded annualized (CAGR). Since inception returns are calculated on ` 10.3260 (allotment price). For performance of other schemes managed by Krishan Kumar Daga, please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 60. Face Value per Unit: ` 10.3260, + Industry Classification as recommended by AMFI, Data is as of January 31, 2019 unless otherwise specified. Industry Allocation of Equity Holding (% of Net Assets) Banks 27.89 Software 14.88 Petroleum Products 11.58 Finance 10.15 Consumer Non Durables 9.96 Auto 6.50 Construction Project 3.77 Pharmaceuticals 2.47 Power 2.11 Non - Ferrous Metals 1.56 Cement 1.51 Ferrous Metals 1.49 Oil 1.01 Consumer Durables 0.97 Telecom - Services 0.94 Minerals/Mining 0.87 Gas 0.70 Pesticides 0.67 Transportation 0.62 Telecom - Equipment & Accessories 0.58 Media & Entertainment 0.49 0 5 10 15 20 25 30
HDFC SENSEX ETF The of HDFC SENSEX ETF is to generate returns that are commensurate with the performance of the S&P BSE SENSEX Index, subject to tracking errors. There is no assurance that the of the will be realized. CATEGORY OF SCHEME: Exchange Traded Fund Fund Manager Krishan Kumar Daga (since December 09, 15) Total Experience: Over 22 years December 09, 2015 NAV (As on January 31, 2019) NAV per Unit (`) Growth Option 3,775.36 j As on January 31, 2019 75.45 Average for Month of January, 2019 75.01 Portfolio Turnover Ratio (Last 1 year) 87.04% tracking ERROR Annualised tracking error is calculated based on daily rolling returns for the last 12 months: 0.02% HDFC Sensex ETF 0.05% #BENCHMARK INDEX: S&P BSE SENSEX (Total Index) ##addl. BENCHMARK INDEX: NIFTY 50 (Total Index) For Creation Unit Size: No Exit load will be levied on redemptions made by Authorised Participants / Large Investors directly with the Fund in Creation Unit Size. For other than Creation Unit Size: N.A. The Units of HSXETF in other than Creation Unit Size cannot be directly redeemed with the Fund. These Units can be redeemed (sold) on a continuous basis on the NSE and BSE during the trading hours on all trading days. Refer SID for further details. For further details, please refer to para on Pg 51. HDFC SENSEX ETF. Presently the does not offer any Plans / Options for investment (Under each Plan / Option) Authorised Participants / Large Investors: Application for subscription of HSXETF Units in Creation Unit Size can be made either: (i) in exchange of the Portfolio Deposit; or (ii) by depositing basket of securities comprising S&P BSE SENSEX Index Each Creation Unit Size will consist of 1,000 Units of HSXETF and 1 Unit of HSXETF will be approximately equal to 1/10th of the value of S&P BSE SENSEX Index. Other investors (including Authorised Participants and Large Investors): Units of HSXETF can be subscribed (in lots of 1 Unit) during the trading hours on all trading days on the NSE and BSE on which the Units will be listed. (An open ended scheme replicating / tracking S&P BSE SENSEX index) Company Industry + % to NAV Equity & Equity Related HDFC Bank Ltd. Banks 12.13 Reliance Industries Ltd. Petroleum Products 10.76 Housing Development Finance Corporation Ltd. Finance 8.97 Infosys Ltd. Software 7.74 ITC Ltd. Consumer Non Durables 6.45 ICICI Bank Ltd. Banks 6.34 Tata Consultancy Services Ltd. Software 5.75 Larsen and Toubro Ltd. Construction Project 4.35 Kotak Mahindra Bank Ltd. Banks 4.02 Axis Bank Ltd. Banks 3.47 Hindustan Unilever Ltd. Consumer Non Durables 3.42 State Bank of India Banks 2.99 Maruti Suzuki India Ltd. Auto 2.39 Indusind Bank Ltd. Banks 2.06 Asian Paints Ltd. Consumer Non Durables 1.73 Mahindra & Mahindra Ltd. Auto 1.72 Bajaj Finance Ltd. Finance 1.65 HCL Technologies Ltd. Software 1.52 Sun Pharmaceutical Industries Ltd. Pharmaceuticals 1.25 NTPC Ltd. Power 1.19 Power Grid Corporation of India Ltd Power 1.18 Bharti Airtel Ltd. Telecom - Services 1.10 Oil & Natural Gas Corporation Ltd. Oil 1.09 Vedanta Ltd. Non - Ferrous Metals 1.00 Tata Steel Ltd. Ferrous Metals 0.99 Company Industry + % to NAV YES Bank Ltd. Banks 0.98 Bajaj Auto Ltd. Auto 0.94 Hero MotoCorp Ltd. Auto 0.92 Tata Motors Ltd. Auto 0.90 Coal India Ltd. Minerals/Mining 0.83 Tata Motors Ltd. DVR Auto 0.13 Sub Total 99.96 Cash, Cash Equivalents and Net Current Assets 0.04 Top Ten Holdings, Co-sponsor Industry Allocation of Equity Holding (% of Net Assets) Banks Software Consumer Non Durables Petroleum Products Finance j Includes investments made by the schemes of HDFC Mutual Fund aggregating to Rs. 28.34 Crores Auto Construction Project Power Pharmaceuticals Telecom - Services Oil Non - Ferrous Metals Ferrous Metals 2.37 1.25 1.10 1.09 1.00 0.99 7.00 4.35 10.76 10.62 15.01 11.60 31.99 Minerals/Mining 0.83 0 5 10 15 20 25 30 35 returns that are commensurate with the performance of the S&P BSE SENSEX, subject to tracking errors over long term investment in equity securities covered by the S&P BSE SENSEX Investors understand that their principal will be at moderately high risk Performance *^ # Face Value per Unit: ` 2,503.61, + Industry Classification as recommended by AMFI, Data is as of January 31, 2019 unless otherwise specified. ## (`) # Jan 31, 18 Last 1 Year 2.01 2.06-0.35 10,201 10,206 9,965 Jan 29, 16 Last 3 Years 14.95 14.86 14.20 15,207 15,171 14,910 Dec 09, 15 Since Inception 13.94 13.93 13.31 15,080 15,075 14,818 are compounded annualized (CAGR). * The does not offer any Plans/Options. The is in existence for more than 1 year but less than 5 years. For performance of other schemes managed by Krishan Kumar Daga, please refer page 51. January 2019 21
HDFC Index Fund - SENSEX Plan (An open ended scheme replicating / tracking S&P BSE SENSEX index) The of the is to generate returns that are commensurate with the performance of the S&P BSE SENSEX Index, subject to tracking errors. There is no assurance that the of the will be realized. CATEGORY OF SCHEME: Index Fund Fund Manager Krishan Kumar Daga (since October 19, 15) Total Experience: Over 22 years July 17, 2002 NAV (As on January 31, 2019) NAV per Unit (`) Regular Plan - Growth Option 320.2056 Direct Plan - Growth Option 323.9026 As on January 31, 2019 298.93 Average for Month of January, 2019 290.24 Portfolio Turnover Ratio (Last 1 year) 15.03% tracking ERROR Annualised tracking error is calculated based on daily rolling returns for the last 12 months: 0.11% Regular: 0.30% Direct: 0.10% #BENCHMARK INDEX: S&P BSE Sensex (Total Index) ##addl. BENCHMARK INDEX: NIFTY 50 (Total Index) In respect of each purchase / switch-in of Units, an of 0.25% is payable if Units are redeemed / switched-out within 3 days from the date of allotment. No Exit load is payable if units are redeemed / switched out after 3 days from the date of allotment. For further details, please refer to para on Pg 51. Regular Plan, Direct Plan. Each Plan offers Growth Option only. Purchase : ` 5,000 and any amount thereafter. Purchase : ` 1,000 and any amount thereafter. returns that are commensurate with the performance of the S&P BSE SENSEX, subject to tracking errors over long term. investment in equity securities covered by the S&P BSE SENSEX. Investors understand that their principal will be at moderately high risk Company Industry + % to NAV Equity & Equity Related HDFC Bank Ltd. Banks 12.15 Reliance Industries Ltd. Petroleum Products 10.78 Housing Development Finance Corporation Ltd. Finance 8.98 Infosys Ltd. Software 7.75 ITC Ltd. Consumer Non Durables 6.46 ICICI Bank Ltd. Banks 6.35 Tata Consultancy Services Ltd. Software 5.76 Larsen and Toubro Ltd. Construction Project 4.35 Kotak Mahindra Bank Ltd. Banks 4.02 Axis Bank Ltd. Banks 3.48 Hindustan Unilever Ltd. Consumer Non Durables 3.42 State Bank of India Banks 2.99 Maruti Suzuki India Ltd. Auto 2.40 Indusind Bank Ltd. Banks 2.06 Asian Paints Ltd. Consumer Non Durables 1.73 Mahindra & Mahindra Ltd. Auto 1.72 Bajaj Finance Ltd. Finance 1.65 HCL Technologies Ltd. Software 1.52 Sun Pharmaceutical Industries Ltd. Pharmaceuticals 1.25 NTPC Ltd. Power 1.19 Power Grid Corporation of India Ltd Power 1.18 Bharti Airtel Ltd. Telecom - Services 1.10 Oil & Natural Gas Corporation Ltd. Oil 1.09 Vedanta Ltd. Non - Ferrous Metals 1.00 Tata Steel Ltd. Ferrous Metals 0.99 YES Bank Ltd. Banks 0.98 Performance ^ - Regular plan - Growth Option Since Inception 15 year 10 year Total Amount Invested (` 000) 1,990.00 1,800.00 1,200.00 600.00 360.00 120.00 Mkt Value As on January 31, 2019 (` 000) 6,083.38 4,364.15 2,131.19 780.02 431.07 122.50 12.30 10.98 11.06 10.43 12.05 3.87 # 14.50 12.69 11.82 10.88 12.58 4.42 ## 13.96 12.29 11.40 10.13 10.81 1.57 Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. Performance ^ - Regular plan - Growth Option # Company Industry + % to NAV Bajaj Auto Ltd. Auto 0.94 Hero MotoCorp Ltd. Auto 0.92 Tata Motors Ltd. Auto 0.90 Coal India Ltd. Minerals/Mining 0.84 Tata Motors Ltd. DVR Auto 0.13 Sub Total 100.08 Cash, Cash Equivalents and Net Current Assets -0.08 Top Ten Holdings, Co-sponsor Industry Allocation of Equity Holding (% of Net Assets) ## (`) 5 year 3 year 1 year # Jan 31, 18 Last 1 Year 1.60 2.06-0.35 10,160 10,206 9,965 Jan 29, 16 Last 3 Years 14.40 14.86 14.20 14,989 15,171 14,910 Jan 31, 14 Last 5 Years 13.05 13.60 13.61 18,473 18,929 18,930 Jul 17, 02 Since Inception 14.89 17.57 16.90 99,563 145,692 132,572 greater than 1 year period are compounded annualized (CAGR). Since inception returns are calculated on ` 32.1610 (allotment price). For performance of other schemes managed by Krishan Kumar Daga, please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 60. Note: Effective close of business hours of May 25, 2018, HDFC Index Fund - SENSEX Plan (the ) underwent changes in Fundamental Attributes and HDFC Index Fund - SENSEX Plus Plan was merged therein. As the portfolio structuring of the is continued, its past performance is provided, in line with SEBI circular on Performance disclosure post consolidation/ merger of scheme dated April 12, 2018. Banks Software Consumer Non Durables Petroleum Products Finance Auto Construction Project Power Pharmaceuticals Telecom - Services Oil Non - Ferrous Metals Ferrous Metals Minerals/Mining 2.37 1.25 1.10 1.09 1.00 0.99 0.84 4.35 7.01 11.61 10.78 10.63 15.03 32.03 0 5 10 15 20 25 30 35 Face Value per Unit: ` 32.1610, + Industry Classification as recommended by AMFI, Data is as of January 31, 2019 unless otherwise specified. 22 January 2019
HDFC TaxSaver (An open ended equity linked savings scheme with a statutory lock in of 3 years and tax benefit) To generate capital appreciation / income from a portfolio, comprising predominantly of equity & equity related instruments. There is no assurance that the of the will be realized. CATEGORY OF SCHEME: Equity Linked Savings Fund Manager Vinay Kulkarni (since November 21, 06) Total Experience: Over 29 years March 31, 1996 NAV (As on January 31, 2019) NAV per Unit (`) Regular Plan - Growth Option 493.891 Regular Plan - Dividend Option 57.085 Direct Plan - Growth Option 513.097 Direct Plan - Dividend Option 60.068 As on January 31, 2019 6,861.98 Average for Month of January, 2019 6,846.44 Portfolio Turnover Ratio (Last 1 year) 37.79% Risk Ratio Standard Deviation 4.615% Beta 0.985 Sharpe Ratio* 0.123 Computed for the 3-yr period ended January 31, 2019. Based on month-end NAV. * Risk free rate: 6.50% (Source: FIMMDA MIBOR) Regular: 2.05% Direct: 1.40% #BENCHMARK INDEX: NIFTY 500 (Total Index) ##addl. BENCHMARK INDEX: NIFTY 50 (Total Index) Nil Regular Plan, Direct Plan. Under Each Plan : Growth & Dividend. The Dividend Option offers Dividend Payout facility. Purchase : ` 500 and in multiples of ` 500 thereafter. Purchase : ` 500 and in multiples of ` 500 thereafter. LOCK-IN PERIOD 3 years from the date of allotment of the respective Units Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years). to generate long-term capital appreciation / income investment predominantly of equity & equity related instruments Investors understand that their principal will be at moderately high risk Company Industry + % to NAV Equity & Equity Related Infosys Ltd. Software 9.10 HDFC Bank Ltd. Banks 8.69 ICICI Bank Ltd. Banks 8.46 Reliance Industries Ltd. Petroleum Products 7.40 State Bank of India Banks 7.00 NTPC Ltd. Power 6.88 Larsen and Toubro Ltd. Construction Project 5.58 GAIL (India) Ltd. Gas 5.17 ITC Ltd. Consumer Non Durables 4.60 Vedanta Ltd. Non - Ferrous Metals 3.46 Tata Steel Ltd. Ferrous Metals 2.70 Cipla Ltd. Pharmaceuticals 2.63 Axis Bank Ltd. Banks 2.61 Oracle Financial Services Software Ltd. Software 2.29 NHPC Ltd. Power 2.21 Bharat Petroleum Corporation Ltd. Petroleum Products 2.19 Power Grid Corporation of India Ltd Power 1.37 Bharat Electronics Ltd. Industrial Capital Goods 1.19 L&T Technology Services Ltd. Software 1.16 Tata Motors Ltd. DVR Auto 1.13 Solar Industries India Ltd. Chemicals 1.08 Aurobindo Pharma Ltd. Pharmaceuticals 1.07 Gujarat Pipavav Port Ltd. Transportation 0.90 Sadbhav Engineering Ltd. Construction Project 0.82 Kalpataru Power Transmission Ltd. Power 0.81 Tata Motors Ltd. Auto 0.79 Coal India Ltd. Minerals/Mining 0.73 eclerx Services Ltd. Software 0.70 Torrent Pharmaceuticals Ltd. Pharmaceuticals 0.63 Max Financial Services Ltd. Finance 0.57 Glenmark Pharmaceuticals Ltd. Pharmaceuticals 0.49 Persistent Systems Ltd. Software 0.42 Hindustan Petroleum Corporation Ltd. Petroleum Products 0.41 BEML Ltd. Industrial Capital Goods 0.40 CG Power and Industrial Solutions Ltd. Industrial Capital Goods 0.35 ITD Cementation India Ltd. Construction 0.34 Performance ^ - Regular plan - Growth Option Since Inception 15 year 10 year 5 year 3 year 1 year Total Amount Invested (` 000) 2,740.00 1,800.00 1,200.00 600.00 360.00 120.00 Mkt Value As on January 31, 2019 (` 000) $$ 62,646.59 5,560.42 2,218.07 723.16 390.78 115.86 $$ 22.69 13.80 11.81 7.40 5.40-6.31 # 14.86 12.34 11.76 9.73 8.36-4.58 ## 13.71 12.29 11.40 10.13 10.81 1.57 Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. Performance ^ - Regular plan - Growth Option $$ # ## (`) $$ # Jan 31, 18 Last 1 Year -11.67-5.95-0.35 8,833 9,405 9,965 Jan 29, 16 Last 3 Years 12.76 13.80 14.20 14,350 14,753 14,910 Jan 31, 14 Last 5 Years 14.93 15.15 13.61 20,064 20,256 18,930 Mar 31, 96 Since Inception 23.51 13.67 12.38 1,245,881 186,987 144,034 greater than 1 year period are compounded annualized (CAGR). $$ All dividends declared prior to the splitting of the into Dividend & Growth Options are assumed to be reinvested in the units of the at the then prevailing NAV (ex-dividend NAV). For performance of other schemes managed by Vinay Kulkarni, please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 57. As TRI data is not available since inception of the scheme, additional benchmark performance is calculated using composite CAGR of Nifty 50 PRI values from Mar 29, 96 (Data for March 31, 96 is not available) to Jun 29, 99 and TRI values since Jun 30, 99. As Nifty 500 TRI data is not available for March 31, 96, benchmark performance is calculated from March 29, 96. Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of January 31, 2019 unless otherwise specified. Company Industry + % to NAV Sadbhav Infrastructure Project Ltd. (Corporate Guarantee of Sadbhav Engineering Ltd.) Construction Project 0.27 Hindustan Construction Company Ltd. Construction Project 0.26 HSIL Ltd. Consumer Durables 0.26 Dynamatic Technologies Ltd. Auto Ancillaries 0.20 MPS Ltd. Consumer Non Durables 0.06 Siti Networks Ltd. Media & Entertainment 0.04 Nestle India Ltd. Consumer Non Durables @ Sub Total 97.42 Cash, Cash Equivalents and Net Current Assets 2.58 Top Ten Holdings, @ Less than 0.01% Industry Allocation of Equity Holding (% of Net Assets) Banks Software Power Petroleum Products Construction Project Gas Pharmaceuticals Consumer Non Durables Non - Ferrous Metals Ferrous Metals Industrial Capital Goods Auto Chemicals Transportation Minerals/Mining Finance Construction Consumer Durables Auto Ancillaries Media & Entertainment 13.67 11.27 10.00 6.93 5.17 4.82 4.66 3.46 2.70 1.94 1.92 1.08 0.90 0.73 0.57 0.34 0.26 0.20 0.04 26.76 0 5 10 15 20 25 30 January 2019 23
HDFC Children's Gift Fund [An open ended fund for investment for children having a lock-in for at 5 years or till the child attains age of majority (whichever is earlier)] Ωπ To generate capital appreciation / income from a portfolio of equity & equity related instruments and debt and money market instruments. There is no assurance that the of the will be realized. CATEGORY OF SCHEME: Children s Fund Fund Manager Chirag Setalvad (since April 2, 07) Total Experience - Over 21 years March 2, 2001 NAV (As on January 31, 2019) NAV per Unit (`) Regular Plan 115.605 Direct Plan 121.443 As on January 31, 2019 2,506.24 Average for Month of January, 2019 2,491.83 Portfolio Turnover Ratio (Last 1 year) 8.47% Average Maturity * 2.58 years Macaulay Duration * 2.04 years Modified Duration * 1.91 years Yield to Maturity * 8.17% * Computed on the invested amount for debt portfolio. Regular: 2.20% Direct: 1.40% #BENCHMARK INDEX: NIFTY 50 Hybrid Composite Debt 65:35 Index ##addl. BENCHMARK INDEX: NIFTY 50 (Total Index) Nil Regular Plan, Direct Plan. Purchase : ` 5,000 and any amount thereafter. Purchase : ` 1,000 and any amount thereafter. LOCK-IN PERIOD Fresh investments by investors including / STP registrations, etc (effective May 23, 2018): Lock-in period will be compulsory. Lock-in period shall be earlier of 5 Years from the date of allotment; or Until the Unit holder (being the beneficiary child) attains the age of majority (i.e. completion of 18 years) ( ) Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years). (Ω) Eligibility (of Unit holder) : Children less than 18 years of age as on the date of investment by the Investor / Applicant are eligible as Unit holders in the. (π) Personal Accident Insurance Cover for Parent / Legal Guardian (upto the age of 80 years) of the Unit holder, equivalent to 10 times the cost value of the outstanding Units held by the Unit holder under all the applications / account statements / folios, subject to a maximum amount of ` 10 lakhs per Unit holder. The insurance premium in respect of the personal accident insurance cover will be borne by the AMC. This accident insurance cover is subject to conditions of the group personal accident insurance policy. Company Industry + / Rating % to NAV Equity & Equity Related HDFC Bank Ltd. Banks 6.34 Reliance Industries Ltd. Petroleum Products 4.60 Infosys Ltd. Software 3.64 ICICI Bank Ltd. Banks 2.93 Larsen and Toubro Ltd. Construction Project 2.88 Bajaj Finance Ltd. Finance 2.05 Britannia Industries Ltd. Consumer Non Durables 2.04 NIIT Technologies Ltd. Software 2.00 State Bank of India Banks 1.97 Aurobindo Pharma Ltd. Pharmaceuticals 1.85 Housing Development Finance Corporation Ltd. Finance 1.84 Hexaware Technologies Ltd. Software 1.51 UPL Ltd. Pesticides 1.26 Bank of Baroda Banks 1.23 Axis Bank Ltd. Banks 1.20 Motherson Sumi Systems Ltd. Auto Ancillaries 1.17 FAG Bearings India Ltd. Industrial Products 1.16 Cholamandalam Investment & Finance Finance 1.15 Balkrishna Industries Ltd. Auto Ancillaries 1.13 Voltas Ltd. Construction Project 1.08 FINOLEX INDUSTRIES LTD. Industrial Products 1.07 SKF India Ltd. Industrial Products 1.04 AIA Engineering Ltd. Industrial Products 0.99 Bharti Airtel Ltd. Telecom - Services 0.94 Larsen & Toubro Infotech Ltd. Software 0.93 Century Plyboards (India) Ltd. Consumer Durables 0.84 Carborundum Universal Ltd. Industrial Products 0.81 EIH Ltd. Hotels/Resorts & Other Recreational Activities 0.81 Torrent Pharmaceuticals Ltd. Pharmaceuticals 0.80 Supreme Industries Ltd. Industrial Products 0.79 Sonata Software Ltd. Software 0.78 Mahindra Holidays & Resorts India Ltd Hotels/Resorts & Other Recreational Activities 0.73 Vedanta Ltd. Non - Ferrous Metals 0.73 Company Industry + / Rating % to NAV TI Financial Holdings Ltd. Finance 0.72 Power Grid Corporation of India Ltd Power 0.71 Indian Hotels Company Ltd. Hotels/Resorts & Other Recreational Activities 0.70 Zensar Technologies Ltd. Software 0.70 Tata Steel Ltd. Ferrous Metals 0.69 VST INDUSTRIES LTD. Hotels/Resorts & Other Recreational Activities 0.66 Indian Bank Banks 0.63 Ipca Laboratories Ltd. Pharmaceuticals 0.62 Swaraj Engines Ltd. Industrial Products 0.62 PNC Infratech Ltd. Construction 0.58 Vesuvius India Ltd. Industrial Products 0.58 Navneet Education Ltd. Media & Entertainment 0.49 Tube Investments of India Ltd. Auto Ancillaries 0.49 Blue Star Ltd. Consumer Durables 0.46 V.S.T Tillers Tractors Ltd. Auto 0.41 Apollo Tyres Ltd. Auto Ancillaries 0.34 eclerx Services Ltd. Software 0.32 Mcleod Russel India Ltd. Consumer Non Durables 0.32 Hero MotoCorp Ltd. Auto 0.31 IFB Industries Ltd. Consumer Durables 0.31 Nilkamal Ltd. Industrial Products 0.31 Jagran Prakashan Ltd. Media & Entertainment 0.27 Sadbhav Engineering Ltd. Construction Project 0.27 Crompton Greaves Consumer Electricals Ltd. Consumer Durables 0.17 Jyoti Structures Ltd. Power 0.01 Sub Total 65.98 Debt & Debt Related Government Securities (Central/State) 8.28 GOI 2027 Sovereign 1.88 8.12 GOI 2020 Sovereign 1.34 8.32 GOI 2032 Sovereign 1.26 8.83 GOI 2023 Sovereign 1.12 8.15 GOI 2022 Sovereign 0.62 6.35 GOI 2020 Sovereign 0.50 8.08 GOI 2022 Sovereign 0.41 Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of January 31, 2019 unless otherwise specified. 24 January 2019
HDFC Children's Gift Fund [An open ended fund for investment for children having a lock-in for at 5 years or till the child attains age of majority (whichever is earlier)] Ωπ...Contd from previous page Industry Allocation of Equity Holding (% of Net Assets) Banks 14.30 Company Industry + / Rating % to NAV Company Industry + / Rating % to NAV Software Industrial Products Finance 9.88 7.37 5.76 8.6 GOI 2028 Sovereign 0.21 7.16 GOI 2023 Sovereign 0.20 8.2 GOI 2022 Sovereign 0.10 Sub Total 7.64 M&M Financial Services Ltd. IND - AAA 1.59 Tata Sons Ltd. CRISIL - AAA 1.44 Hero Fincorp Ltd. ICRA - AA+ 1.18 HDB Financial Services Ltd. CRISIL - AAA 0.60 Petroleum Products 4.60 Credit Exposure State Bank of India CRISIL - AA+ 0.43 Construction Project Pharmaceuticals Auto Ancillaries Consumer Non Durables Hotels, Resorts & Other Recreational Activities 4.23 3.27 3.13 3.02 2.24 Tata Capital Financial Services Ltd ICRA - AAA 4.56 Power Finance Corporation Ltd CARE - AAA / CRISIL - AAA 3.98 L&T Finance Ltd. CARE - AAA 3.97 Axis Bank Ltd. CRISIL - AA+ 3.85 Sub Total 21.60 Total 29.24 Cash, Cash Equivalents and Net Current Assets 4.78 Top Ten Holdings, Co-sponsor Consumer Durables 1.78 Pesticides 1.26 Services- 0.94 Media & Entertainment 0.76 Non - Ferrous Metals 0.73 Power 0.72 Auto 0.72 Ferrous Metals 0.69 Construction 0.58 0 2 4 6 8 10 12 14 16 Portfolio Classification By Asset Class Equity 65.98 G-Sec 7.64 Credit Exposure 21.60 Cash, Cash Equivalents and Net Current Assets 4.78 Portfolio Classification By Rating Class Equity 65.98 Sovereign 7.64 AAA/AAA(SO)/A1+/A1+(SO) & Equivalent 16.14 AA+ 5.46 Cash, Cash Equivalents and Net Current Assets 4.78 capital appreciation over long term. investment in equity and equity related instruments as well as debt and money market instruments. Investors understand that their principal will be at moderately high risk Performance ^ - Regular plan - Growth Option Since Inception 15 year 10 year 5 Year 3 Year 1 Year Total Amount Invested (` 000) 2,150.00 1,800.00 1,200.00 600.00 360.00 120.00 Mkt Value As on January 31, 2019 (` 000) $ 10,541.32 6,019.40 2,601.89 775.21 408.90 119.71 $ 15.76 14.72 14.79 10.18 8.44-0.45 # N.A. 11.06 10.37 9.33 9.32 4.25 ## 14.48 12.29 11.40 10.13 10.81 1.57 Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. N.A. Not Available. Performance ^ - Regular plan - Growth Option $ # ## (`) $ # Jan 31, 18 Last 1 Year -2.65 2.18-0.35 9,735 10,218 9,965 Jan 29, 16 Last 3 Years 12.86 12.00 14.20 14,392 14,063 14,910 Jan 31, 14 Last 5 Years 15.33 12.11 13.61 20,414 17,716 18,930 Mar 02, 01 Since Inception 16.32 N.A. 14.15 150,287 N.A. 107,233 greater than 1 year period are compounded annualized (CAGR). N.A. Not Available. performance may not strictly be comparable with that of its in view of balanced nature of the scheme where a portion of scheme s investments are made in debt instruments. $ Adjusted for Bonus units declared under the. For performance of other schemes managed by Chirag Setalvad, please refer page 48. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 57. Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of January 31, 2019 unless otherwise specified. January 2019 25
HDFC Retirement Savings Fund - Equity Plan (A notified Tax Savings Cum Pension ) [An open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier)] The of the is to provide longterm capital appreciation/income by investing in a mix of equity and debt instruments to help investors meet their retirement goals. There is no assurance that the investment objective of the will be realized. CATEGORY OF SCHEME: Retirement Fund Fund Manager Chirag Setalvad (Equities) (since February 25, 2016) Total Experience - Over 21 years & Shobhit Mehrotra (Debt) (since February 25, 2016) Total Experience: Over 25 years February 25, 2016 NAV (As on January 31, 2019) NAV per Unit (`) Regular Plan 16.221 Direct Plan 17.006 As on January 31, 2019 595.98 Average for Month of January, 2019 588.74 Portfolio Turnover Ratio 3.73% Regular: 2.67% Direct: 1.32% #BENCHMARK INDEX: NIFTY 500 (Total Index) ##addl. BENCHMARK INDEX: NIFTY 50 (Total Index) Upon completion of lock-in period: Nil Regular Plan, Direct Plan. Under Each Plan offers Growth Option only. Purchase : ` 5,000 and any amount thereafter. Purchase : ` 1,000 and any amount thereafter. LOCK-IN PERIOD Existing investments by investors including / STP registrations, etc (until June 1, 2018): Units purchased cannot be assigned / transferred / pledged / redeemed / switched out until completion of 5 years from the date of allotment of Units under the. Fresh investments by investors including / STP registrations, etc (effective June 2, 2018): Units purchased cannot be assigned / transferred / pledged / redeemed / switched out until completion of 5 years from the date of allotment of Units or Retirement Age of Unit holder (i.e. completion of 60 years), whichever is earlier. Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years). a corpus to provide for pension in the form of income to the extent of the redemption value of their holding after the age of 60 years. investment predominantly in equity and equity related instruments. Investors understand that their principal will be at moderately high risk Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of January 31, 2019 unless otherwise specified. 26 January 2019 Company Industry + / Rating % to NAV Equity & Equity Related HDFC Bank Ltd. Banks 8.59 Reliance Industries Ltd. Petroleum Products 5.23 Infosys Ltd. Software 4.49 Housing Development Finance Corporation Ltd. Finance 4.35 ICICI Bank Ltd. Banks 3.82 Larsen and Toubro Ltd. Construction Project 3.55 Aurobindo Pharma Ltd. Pharmaceuticals 2.64 Aarti Industries Ltd. Chemicals 2.29 Carborundum Universal Ltd. Industrial Products 1.84 Chambal Fertilizers & Chemicals Ltd. Fertilisers 1.70 State Bank of India Banks 1.68 Cholamandalam Investment & Finance Finance 1.67 Hexaware Technologies Ltd. Software 1.55 Mahindra Holidays & Resorts India Ltd. Hotels/Resorts & Other Recreational Activities 1.55 NIIT Technologies Ltd Software 1.43 KEC International Ltd. Construction Project 1.41 Balkrishna Industries Ltd. Auto Ancillaries 1.36 Axis Bank Ltd. Banks 1.33 UPL Ltd. Pesticides 1.32 Indian Hotels Company Ltd. Hotels/Resorts & Other Recreational Activities 1.31 Atul Ltd. Chemicals 1.28 Finolex Industries Ltd. Industrial Products 1.21 Sharda Cropchem Ltd. Pesticides 1.21 Power Grid Corporation of India Ltd Power 1.16 Tata Metaliks Ltd. Ferrous Metals 1.09 Oriental Carbon & Chemicals Ltd. Chemicals 1.08 EIH Ltd. Hotels/Resorts & Other Recreational Activities 1.06 Great Eastern Shipping Company Ltd. Transportation 1.02 T. V. Today Network Ltd. Media & Entertainment 1.02 Indusind Bank Ltd. Banks 1.01 Voltas Ltd. Construction Project 0.94 City Union Bank Ltd. Banks 0.92 IFB Industries Ltd. Consumer Durables 0.89 Hindustan Petroleum Corporation Ltd. Petroleum Products 0.88 Mcleod Russel India Ltd. Consumer Non Durables 0.86 Vedanta Ltd. Non - Ferrous Metals 0.86 Nilkamal Ltd. Industrial Products 0.80 SKF India Ltd. Industrial Products 0.78 YES Bank Ltd. Banks 0.75 Kalpataru Power Transmission Ltd. Power 0.73 GNA Axles Ltd. Auto Ancillaries 0.68 Redington (India) Ltd. Transportation 0.68 TI Financial Holdings Ltd. Finance 0.66 Apar Industries Ltd. Industrial Capital Goods 0.64 Tata Motors Ltd. DVR Auto 0.63 Tata Steel Ltd. Ferrous Metals 0.62 Performance ^ - Regular plan - Growth Option # Company Industry + / Rating % to NAV Ipca Laboratories Ltd. Pharmaceuticals 0.57 KEI Industries Ltd. Industrial Products 0.56 Zensar Technologies Ltd. Software 0.55 Blue Star Ltd. Consumer Durables 0.54 Tamilnadu Newsprint & Papers Ltd. Paper 0.52 Tube Investments of India Ltd. Auto Ancillaries 0.52 Bank of Baroda Banks 0.41 Timken India Ltd. Industrial Products 0.40 Bajaj Electricals Ltd. Consumer Durables 0.38 CG Power and Industrial Solutions Ltd. Industrial Capital Goods 0.29 Jagran Prakashan Ltd. Media & Entertainment 0.29 Greenply Industries Ltd. Consumer Durables 0.27 Kirloskar Oil Engines Ltd. Industrial Products 0.03 Sub Total 81.90 Debt & Debt Related Government Securities (Central/State) 6.84 GOI 2022 Sovereign 4.15 7.59 GOI 2026 Sovereign 2.54 Sub Total 6.69 Credit Exposure Syndicate Bank CARE - A+ 0.59 Union Bank of India CARE - AA- 0.47 Sub Total 1.06 Total 7.75 Cash, Cash Equivalents and Net Current Assets 10.35 Top Ten Holdings, Co-sponsor Industry Allocation of Equity Holding (% of Net Assets) Banks Software Finance Petroleum Products Construction Project Industrial Products Chemicals Hotels, Resorts & Other Recreational Activities Pharmaceuticals Auto Ancillaries Pesticides Consumer Durables Power Ferrous Metals Transportation Fertilisers Media & Entertainment Industrial Capital Goods Non - Ferrous Metals Consumer Non Durables Auto Paper ## (`) 8.02 6.68 6.11 5.90 5.62 4.65 3.92 3.21 2.56 2.53 2.08 1.89 1.71 1.70 1.70 1.31 0.93 0.86 0.86 0.63 0.52 # Jan 31, 18 Last 1 Year -7.51-5.95-0.35 9,249 9,405 9,965 Feb 25, 16 Since Inception 17.92 17.54 17.80 16,221 16,067 16,173 greater than 1 year period are compounded annualized (CAGR). For performance of other schemes managed by Chirag Setalvad (Equities) and Shobhit Mehrotra (Debt), please refer page 51. The is in existence for more than 1 year but less than 3 years. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 64. 18.51 0 2 4 6 8101214161820
HDFC Retirement Savings Fund - Hybrid Equity Plan (A notified Tax Savings Cum Pension ) [An open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier)] The of the is to provide longterm capital appreciation/income by investing in a mix of equity and debt instruments to help investors meet their retirement goals. There is no assurance that the investment objective of the will be realized. CATEGORY OF SCHEME: Retirement Fund Fund Manager Chirag Setalvad (Equities) (since February 25, 2016) Total Experience - Over 21 years & Shobhit Mehrotra (Debt) (since February 25, 2016) Total Experience: Over 25 years February 25, 2016 NAV (As on January 31, 2019) NAV per Unit (`) Regular Plan 16.001 Direct Plan 16.790 As on January 31, 2019 226.83 Average for Month of January, 2019 223.53 Portfolio Turnover Ratio 6.82% Regular: 2.81% Direct: 1.46% #BENCHMARK INDEX: NIFTY 50 Hybrid Composite Debt 65:35 Index ##addl. BENCHMARK INDEX: NIFTY 50 (Total Index) Upon completion of lock-in period: Nil Regular Plan, Direct Plan. Under Each Plan offers Growth Option only. Purchase : ` 5,000 and any amount thereafter. Purchase : ` 1,000 and any amount thereafter. LOCK-IN PERIOD Existing investments by investors including / STP registrations, etc (until June 1, 2018): Units purchased cannot be assigned / transferred / pledged / redeemed / switched out until completion of 5 years from the date of allotment of Units under the. Fresh investments by investors including / STP registrations, etc (effective June 2, 2018): Units purchased cannot be assigned / transferred / pledged / redeemed / switched out until completion of 5 years from the date of allotment of Units or Retirement Age of Unit holder (i.e. completion of 60 years), whichever is earlier. Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years). a corpus to provide for pension in the form of income to the extent of the redemption value of their holding after the age of 60 years. investment predominantly in equity and equity related instruments & balance in debt and money market instruments. Company Industry + / Rating % to NAV Equity & Equity Related HDFC Bank Ltd. Banks 5.50 Reliance Industries Ltd. Petroleum Products 4.54 Housing Development Finance Corporation Ltd. Finance 3.98 ICICI Bank Ltd. Banks 3.70 Infosys Ltd. Software 3.08 Merck Ltd Pharmaceuticals 2.69 Larsen and Toubro Ltd. Construction Project 2.61 NIIT Technologies Ltd Software 2.20 Aarti Industries Ltd. Chemicals 2.11 Aurobindo Pharma Ltd. Pharmaceuticals 2.08 Axis Bank Ltd. Banks 1.78 Sundram Fasteners Ltd. Auto Ancillaries 1.56 Chambal Fertilizers & Chemicals Ltd. Fertilisers 1.47 Sonata Software Ltd. Software 1.30 State Bank of India Banks 1.28 UPL Ltd. Pesticides 1.21 Oriental Carbon & Chemicals Ltd. Chemicals 1.13 Cholamandalam Investment & Finance Finance 1.08 NRB Bearing Ltd Industrial Products 1.08 Power Grid Corporation of India Ltd Power 1.08 Indian Hotels Company Ltd. Hotels/Resorts & Other Recreational Activities 1.06 Carborundum Universal Ltd. Industrial Products 1.00 Zensar Technologies Ltd. Software 0.98 KEC International Ltd. Construction Project 0.97 Crompton Greaves Consumer Electricals Ltd Consumer Durables 0.94 Shaily Engineering Plastics Ltd. Industrial Products 0.94 Balkrishna Industries Ltd. Auto Ancillaries 0.84 Kalpataru Power Transmission Ltd. Power 0.82 Nilkamal Ltd. Industrial Products 0.82 Blue Star Ltd. Consumer Durables 0.80 Mahindra Holidays & Resorts India Ltd Hotels/Resorts & Other Recreational Activities 0.73 Voltas Ltd. Construction Project 0.68 TI Financial Holdings Ltd. Finance 0.65 SKF India Ltd. Industrial Products 0.63 Tata Steel Ltd. Ferrous Metals 0.63 Hindustan Petroleum Corporation Ltd. Petroleum Products 0.62 Shree Pushkar Chemicals & Fertilisers Ltd. Chemicals 0.62 Bajaj Electricals Ltd. Consumer Durables 0.61 Vedanta Ltd. Non - Ferrous Metals 0.61 Apar Industries Ltd. Industrial Capital Goods 0.55 Indusind Bank Ltd. Banks 0.53 Tube Investments of India Ltd. Auto Ancillaries 0.50 Tata Motors Ltd. DVR Auto 0.49 YES Bank Ltd. Banks 0.48 Vesuvius India Ltd. Industrial Products 0.45 Bank of Baroda Banks 0.39 Portfolio Classification by Asset Class Equity 65.35 G-Sec 9.05 Credit Exposure 10.74 Cash, Cash Equivalents and Net Current Assets 14.86 Performance ^ - Regular plan - Growth Option # Company Industry + / Rating % to NAV Tamilnadu Newsprint & Papers Ltd. Paper 0.37 Redington (India) Ltd. Transportation 0.27 Jagran Prakashan Ltd. Media & Entertainment 0.25 Sadbhav Engineering Ltd. Construction Project 0.25 Greenply Industries Ltd. Consumer Durables 0.22 Kirloskar Oil Engines Ltd. Industrial Products 0.19 Sub Total 65.35 Debt & Debt Related Government Securities (Central/State) 6.84 GOI 2022 Sovereign 4.36 6.35 GOI 2020 Sovereign 2.20 7.68 GOI 2023 Sovereign 1.34 7.37 GOI 2023 Sovereign 1.11 8.27 GOI 2020 Sovereign 0.04 Sub Total 9.05 Credit Exposure Jamnagar Utilities & Power Pvt. Ltd. (erstwhile Reliance Utilities & Power Pvt. Ltd.) CARE - AAA 4.38 State Bank of India CRISIL - AA+ 3.69 Syndicate Bank CARE - A+ 1.56 Reliance Jio Infocomm Ltd. CRISIL - AAA 1.11 Sub Total 10.74 Total 19.79 Cash, Cash Equivalents and Net Current Assets 14.86 Top Ten Holdings, Co-sponsor Industry Allocation of Equity Holding (% of Net Assets) Banks 13.66 Software 7.56 Finance 5.71 Petroleum Products 5.16 Industrial Products 5.11 Pharmaceuticals 4.77 Construction Project 4.51 Chemicals 3.86 Auto Ancillaries 2.90 Consumer Durables 2.57 Power 1.90 Hotels, Resorts & Other Recreational Activities 1.79 Fertilisers 1.47 Pesticides 1.21 Ferrous Metals 0.63 Non - Ferrous Metals 0.61 Industrial Capital Goods 0.55 Auto 0.49 Paper 0.37 Transportation 0.27 Media & Entertainment 0.25 0 2 4 6 8 10121416 Portfolio Classification by Rating Class ## Equity 65.35 Sovereign 9.05 AAA/AAA(SO)/A1+/A1+(SO) & Equivalent 5.49 AA+ 3.69 A+ & Below 1.56 Cash, Cash Equivalents and Net Current Assets 14.86 (`) # Jan 31, 18 Last 1 Year -1.49 2.18-0.35 9,851 10,218 9,965 Feb 25, 16 Since Inception 17.37 14.46 17.80 16,001 14,864 16,173 greater than 1 year period are compounded annualized (CAGR). performance may not strictly be comparable with that of its in view of hybrid nature of the scheme where a portion of scheme s investments are made in equity instruments. Investors understand that their principal will be at The is in existence for more than 1 year but less than 3 years. For performance of other schemes managed by Chirag Setalvad moderately high risk (Equities) and Shobhit Mehrotra (Debt), please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 64. Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of January 31, 2019 unless otherwise specified. January 2019 27
HDFC Retirement Savings Fund - Hybrid Debt Plan (A notified Tax Savings Cum Pension ) [An open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier)] The of the is to provide longterm capital appreciation/income by investing in a mix of equity and debt instruments to help investors meet their retirement goals. There is no assurance that the investment objective of the will be realized. CATEGORY OF SCHEME: Retirement Fund Fund Manager Chirag Setalvad (Equities) (since February 26, 2016) Total Experience - Over 21 years & Shobhit Mehrotra (Debt) (since February 26, 2016) Total Experience: Over 25 years February 26, 2016 NAV (As on January 31, 2019) NAV per Unit (`) Regular Plan 12.7850 Direct Plan 13.3910 As on January 31, 2019 60.61 Average for Month of January, 2019 59.82 Average Maturity * 2.87 years Macaulay Duration * 2.45 years Modified Duration * 2.31 years Yield to Maturity * 8.01% * Computed on the invested amount for debt portfolio. Regular: 2.54% Direct: 1.29% #BENCHMARK INDEX: NIFTY 50 Hybrid Composite Debt 15:85 Index ##addl. BENCHMARK INDEX: CRISIL 10 Year Gilt Index Upon completion of lock-in period: Nil Regular Plan, Direct Plan. Under Each Plan offers Growth Option only. Purchase : ` 5,000 and any amount thereafter. Purchase : ` 1,000 and any amount thereafter. LOCK-IN PERIOD Existing investments by investors including / STP registrations, etc (until June 1, 2018): Units purchased cannot be assigned / transferred / pledged / redeemed / switched out until completion of 5 years from the date of allotment of Units under the. Fresh investments by investors including / STP registrations, etc (effective June 2, 2018): Units purchased cannot be assigned / transferred / pledged / redeemed / switched out until completion of 5 years from the date of allotment of Units or Retirement Age of Unit holder (i.e. completion of 60 years), whichever is earlier. Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years). a corpus to provide for pension in the form of income to the extent of the redemption value of their holding after the age of 60 years. investment predominantly in debt and money market instruments & balance in equity and equity related instruments. Investors understand that their principal will be at moderately high risk Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of January 31, 2019 unless otherwise specified. 28 January 2019 Company Industry + / Rating % to NAV Equity & Equity Related ICICI Bank Ltd. Banks 1.49 HDFC Bank Ltd. Banks 1.17 Sundram Fasteners Ltd. Auto Ancillaries 0.96 Aarti Industries Ltd. Chemicals 0.87 Reliance Industries Ltd. Petroleum Products 0.81 NIIT Technologies Ltd Software 0.80 Larsen and Toubro Ltd. Construction Project 0.72 Infosys Ltd. Software 0.71 Axis Bank Ltd. Banks 0.69 Orient Refractories Ltd. Industrial Products 0.59 Carborundum Universal Ltd. Industrial Products 0.52 Tata Steel Ltd. Ferrous Metals 0.50 Blue Star Ltd. Consumer Durables 0.49 Oriental Carbon & Chemicals Ltd. Chemicals 0.49 NRB Bearing Ltd Industrial Products 0.46 State Bank of India Banks 0.46 Avanti Feeds Ltd. Consumer Non Durables 0.44 Vesuvius India Ltd. Industrial Products 0.42 SKF India Ltd. Industrial Products 0.41 GNA Axles Ltd. Auto Ancillaries 0.40 Time Technoplast Ltd. Industrial Products 0.40 Bajaj Electricals Ltd. Consumer Durables 0.38 Indian Hotels Company Ltd. Hotels/Resorts & Other Recreational Activities 0.37 Mahindra Holidays & Resorts India Ltd. Hotels/Resorts & Other Recreational Activities 0.37 Zensar Technologies Ltd. Software 0.34 Apar Industries Ltd. Industrial Capital Goods 0.31 Kalpataru Power Transmission Ltd. Power 0.30 Hindustan Petroleum Corporation Ltd. Petroleum Products 0.29 Nilkamal Ltd. Industrial Products 0.29 Power Grid Corporation of India Ltd Power 0.28 Portfolio Classification By Asset Class Equity 18.28 G-Sec 32.43 Credit Exposure 28.87 Cash, Cash Equivalents and Net Current Assets 20.42 Performance ^ - Regular plan - Growth Option # Company Industry + / Rating % to NAV Timken India Ltd. Industrial Products 0.28 Aurobindo Pharma Ltd. Pharmaceuticals 0.26 Bank of Baroda Banks 0.24 Poddar Pigments Ltd. Chemicals 0.18 Tamilnadu Newsprint & Papers Ltd. Paper 0.18 Tube Investments of India Ltd. Auto Ancillaries 0.17 Sadbhav Engineering Ltd. Construction Project 0.16 Tata Motors Ltd. DVR Auto 0.08 Sub Total 18.28 Debt & Debt Related Government Securities (Central/State) 7.37 GOI 2023 Sovereign 12.46 7.68 GOI 2023 Sovereign 11.74 8.27 GOI 2020 Sovereign 8.23 Sub Total 32.43 Credit Exposure Starlite Lighting Ltd. (Corporate Guarantee of Bajaj Electrical Ltd.) ICRA - A+(SO) 7.85 State Bank of India CRISIL - AA+ 7.32 Jamnagar Utilities & Power Pvt. Ltd. (erstwhile Reliance Utilities & Power Pvt. Ltd.) CARE - AAA 4.10 Syndicate Bank CARE - A+ 3.33 Reliance Jio Infocomm Ltd. CRISIL - AAA 3.17 Union Bank of India CARE - AA- 3.10 Sub Total 28.87 Total 61.30 Cash, Cash Equivalents and Net Current Assets 20.42 Top Ten Holdings Portfolio Classification By Rating Class ## Equity 18.28 Sovereign 32.43 AAA/AAA(SO)/A1+/A1+(SO) & Equivalent 7.27 AA+ 7.32 AA/AA- 3.10 A+ & Below 11.18 Cash, Cash Equivalents and Net Current Assets 20.42 (`) # Jan 31, 18 Last 1 Year 1.09 5.46 7.16 10,109 10,546 10,716 Feb 26, 16 Since Inception 8.74 9.36 6.82 12,785 13,000 12,133 greater than 1 year period are compounded annualized (CAGR). performance may not strictly be comparable with that of its in view of hybrid nature of the scheme where a portion of scheme s investments are made in equity instruments. The is in existence for more than 1 year but less than 3 years. For performance of other schemes managed by Chirag Setalvad (Equities) and Shobhit Mehrotra (Debt), please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 64.
HDFC Equity Savings Fund (An open ended scheme investing in equity, arbitrage and debt) To provide capital appreciation by investing in Equity & equity related instruments, Arbitrage opportunities, and Debt & money market instruments. There is no assurance that the of the will be realized. CATEGORY OF SCHEME: Equity Savings Fund Fund Manager Vinay Kulkarni (Equities) (since November 21, 06) Total Experience: Over 29 years Krishan Kumar Daga (Equities) (since January 08, 16) Total Experience: Over 22 years Anil Bamboli (Debt) (since September 17, 04) Total Experience: Over 23 years September 17, 2004 NAV (As on January 31, 2019) NAV per Unit (`) Regular Plan - Growth Option 35.525 Regular Plan - Dividend Option 10.968 Direct Plan - Growth Option 37.628 Direct Plan - Dividend Option 11.767 As on January 31, 2019 6,253.73 Average for Month of January, 2019 6,366.78 Portfolio Turnover Ratio 53.81% Average Maturity * 1.73 years Macaulay Duration * 1.55 years Modified Duration * 1.42 years Yield to Maturity * 8.63% * Computed on the invested amount for debt portfolio. Regular: 2.09% Direct: 0.94% #BENCHMARK INDEX: 40% NIFTY 50 Arbitrage Index, 30% Crisil Short Term Bond Fund Index and 30% NIFTY 50 (Total Index) ##addl. BENCHMARK INDEX: NIFTY 50 (Total Index) In respect of each purchase / switch-in of Units, upto 15% of the units may be redeemed without any exit load from the date of allotment. Any redemption in excess of the above limit shall be subject to the following exit load: Exit load of 1.00% is payable if Units are redeemed / switchedout within 1 year from the date of allotment of units. No is payable if Units are redeemed / switchedout after 1 year from the date of allotment. For further details, please refer to para on Pg 51. Regular Plan, Direct Plan. Under Each Plan : Growth & Dividend. The Dividend Option offers Dividend Payout and Reinvestment facility. Purchase : ` 5,000 and any amount thereafter. Purchase : ` 1,000 and any amount thereafter. Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years). Company Industry + / Rating % to NAV Portfolio (Hedged & Unhedged) Performance ^ - Regular plan - Growth Option Since Inception 10 year 5 Year 3 Year 1 Year Total Amount Invested (` 000) 1,730.00 1,200.00 600.00 360.00 120.00 Mkt Value As on January 31, 2019 (` 000) 3,507.98 1,925.24 737.29 399.85 121.25 9.23 9.14 8.17 6.93 1.94 # N.A. N.A. 7.62 7.33 5.12 ## 11.85 11.40 10.13 10.81 1.57 Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. N.A. Not Available. Performance ^ - Regular plan - Growth Option Date Period^^ # capital appreciation while generating income over medium to long term. provide capital appreciation and income distribution to the investors by using equity and equity related instruments, arbitrage opportunities, and investments in debt and money market instruments. Investors understand that their principal will be at moderately high risk ## (`) # Jan 31, 18 Last 1 Year 0.12 4.11-0.35 10,012 10,411 9,965 Jan 29, 16 Last 3 Years 11.17 8.68 14.20 13,751 12,846 14,910 Jan 31, 14 Last 5 Years 9.77 9.23 13.61 15,944 15,555 18,930 Sep 17, 04 Since Inception 9.22 N.A. 15.02 35,525 N.A. 74,829 ^^Effective December 16, 2015, certain changes, including changes to fundamental attributes, were effected in the erstwhile HDFC Multiple Yield Fund, (an open ended income scheme) which was renamed as HDFC Equity Savings Fund, an open ended equity scheme. On account of these changes, the performance during the period(s) from September 17, 2004 to December 15, 2015 is not comparable. greater than 1 year period are compounded annualized (CAGR). N.A. Not Available. performance may not strictly be comparable with that of its, since a portion of scheme s investments are made in debt instruments. Performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. Load is not taken into consideration for computation of performance. For performance of other schemes managed by Vinay Kulkarni (Equities), Krishan Kumar Daga (Equities) and Anil Bamboli (Debt), please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 63. Portfolio Classification By Rating Class Equity 66.57 Sovereign 1.12 AAA/AAA(SO)/A1+/A1+(SO) & Equivalent 9.37 AA+ 4.54 AA/AA- 1.59 A+ & Below 4.45 Cash, Cash Equivalents and Net Current Assets 12.36 % exposure of Derivative Equity & Equity Related Reliance Industries Ltd. Petroleum Products 4.80 0.92 ICICI Bank Ltd. Banks 4.23 0.67 Housing Development Finance Corporation Ltd. Finance 4.11 4.11 Infosys Ltd. Software 3.64 0.08 NTPC Ltd. Power 2.96 0.00 HDFC Bank Ltd. Banks 2.95 0.18 Larsen and Toubro Ltd. Construction Project 2.26 0.00 State Bank of India Banks 2.23 0.20 Tata Steel Ltd. Ferrous Metals 1.79 1.67 Aurobindo Pharma Ltd. Pharmaceuticals 1.76 1.22 ITC Ltd. Consumer Non Durables 1.57 0.12 Industry Allocation of Equity Holding (% of Net Assets) Banks Software Petroleum Products Power Construction Project Non - Ferrous Metals Gas Consumer Non Durables Pharmaceuticals Industrial Capital Goods Oil Construction Finance Auto Transportation Chemicals Minerals/Mining Pesticides Telecom - Services Auto Ancillaries Ferrous Metals Retailing Cement Media & Entertainment 4.45 4.42 4.17 2.43 1.49 1.48 1.45 0.80 0.58 0.58 0.52 0.48 0.48 0.45 0.39 0.23 0.19 0.17 0.13 0.12 0.04 0.04 0.02 Company Industry + / Rating % to NAV (Hedged & Unhedged) % exposure of Derivative Vedanta Ltd. Non - Ferrous Metals 1.49 0.00 YES Bank Ltd. Banks 1.45 1.45 GAIL (India) Ltd. Gas 1.35 0.00 JSW Steel Ltd Ferrous Metals 1.32 1.32 Sun Pharmaceutical Industries Ltd. Pharmaceuticals 1.09 1.09 Maruti Suzuki India Ltd. Auto 1.04 1.04 Tata Motors Ltd. Auto 0.96 0.72 Dr Reddys Laboratories Ltd. Pharmaceuticals 0.88 0.88 LIC Housing Finance Ltd. Finance 0.83 0.59 Mahindra & Mahindra Ltd. Auto 0.80 0.72 Shriram Transport Finance Company Ltd. Finance 0.76 0.76 Hindalco Industries Ltd Non - Ferrous Metals 0.75 0.75 Bharti Airtel Ltd. Telecom - Services 0.73 0.56 8.80 0 1 2 3 4 5 6 7 8 9 10 Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of January 31, 2019 unless otherwise specified....contd on next page January 2019 29
HDFC Equity Savings Fund (An open ended scheme investing in equity, arbitrage and debt)...contd from previous page Company Industry + / Rating % to NAV (Hedged & Unhedged) % exposure of Derivative Power Grid Corporation of India Ltd Power 0.66 0.00 Titan Company Ltd. Consumer Durables 0.64 0.64 Bajaj Finance Ltd. Finance 0.63 0.63 DLF Ltd. Construction 0.62 0.62 Oil & Natural Gas Corporation Ltd. Oil 0.58 0.00 Jubilant Foodworks Ltd. Consumer Non Durables 0.57 0.57 Tech Mahindra Ltd. Software 0.56 0.56 Tata Consultancy Services Ltd. Software 0.51 0.51 Bharat Petroleum Corporation Ltd. Petroleum Products 0.40 0.00 M&M Financial Services Ltd. Finance 0.40 0.40 Tata Global Beverages Ltd. Consumer Non Durables 0.40 0.40 United Spirits Ltd. Consumer Non Durables 0.40 0.40 Tata Chemicals Ltd. Chemicals 0.39 0.00 L&T Technology Services Ltd. Software 0.38 0.00 Escorts Ltd. Auto 0.37 0.37 Dabur India Ltd. Consumer Non Durables 0.36 0.36 Gujarat Pipavav Port Ltd. Transportation 0.35 0.00 The Federal Bank Ltd. Banks 0.33 0.33 JMC Projects (India) Ltd. Construction 0.31 0.00 Tata Motors Ltd. DVR Auto 0.31 0.16 eclerx Services Ltd. Software 0.29 0.00 Multi Commodity Exchange of India Ltd. Finance 0.29 0.29 Petronet Lng Ltd. Gas 0.29 0.29 Strides Pharma Science Ltd. Pharmaceuticals 0.29 0.29 UPL Ltd. Pesticides 0.29 0.10 Cipla Ltd. Pharmaceuticals 0.28 0.02 Adani Power (Mundra) Ltd. (Secured by Shares of Adani Port & SEZ Ltd.) Power 0.27 0.27 Ashok Leyland Ltd Auto 0.27 0.27 Britannia Industries Ltd. Consumer Non Durables 0.26 0.26 NHPC Ltd. Power 0.26 0.00 Havells India Ltd. Consumer Durables 0.25 0.25 Texmaco Rail & Engineering Ltd. Industrial Capital Goods 0.25 0.00 Axis Bank Ltd. Banks 0.24 0.05 CESC Ltd. Power 0.24 0.00 Grasim Industries Ltd. Cement 0.24 0.24 Hindustan Unilever Ltd. Consumer Non Durables 0.24 0.24 Coal India Ltd. Minerals/Mining 0.23 0.00 Eicher Motors Ltd. Auto 0.22 0.22 Raymond Ltd. Textile Products 0.22 0.22 Hero MotoCorp Ltd. Auto 0.21 0.20 Indusind Bank Ltd. Banks 0.21 0.21 Zee Entertainment Enterprises Ltd Media & Entertainment 0.21 0.21 Equitas Holdings Ltd. Finance 0.20 0.20 The Tata Power Company Ltd. Power 0.20 0.20 Bank of Baroda Banks 0.19 0.00 Newgen Software Technologies Ltd Software 0.19 0.00 Century Textiles & Industries Ltd. Cement 0.18 0.18 ITD Cementation India Ltd. Construction 0.18 0.00 NCC Ltd. Construction Project 0.17 0.17 Cadila Healthcare Ltd. Pharmaceuticals 0.16 0.16 Punjab National Bank Banks 0.16 0.10 Power Finance Corporation Ltd Finance 0.15 0.00 Ambuja Cements Ltd. Cement 0.14 0.14 Godrej Consumer Products Ltd. Consumer Non Durables 0.14 0.14 Hindustan Petroleum Corporation Ltd. Petroleum Products 0.14 0.00 Mahanagar Gas Ltd. Gas 0.14 0.01 Apollo Tyres Ltd. Auto Ancillaries 0.13 0.00 Ashoka Buildcon Ltd. Construction Project 0.13 0.00 Asian Paints Ltd. Consumer Non Durables 0.13 0.13 ICICI Prudential Life Insurance Company Ltd. Finance 0.13 0.13 Jindal Steel & Power Ltd. Ferrous Metals 0.13 0.13 Reliance Capital Ltd. Finance 0.13 0.13 Tata Elxsi Ltd. Software 0.13 0.13 Titagarh Wagons Ltd. Industrial Capital Goods 0.13 0.00 HCL Technologies Ltd. Software 0.12 0.12 Wockhardt Ltd. Pharmaceuticals 0.11 0.11 Container Corporation of India Ltd. Transportation 0.10 0.00 Glenmark Pharmaceuticals Ltd. Pharmaceuticals 0.10 0.10 Guj State Fertilizers & Chemicals Fertilisers 0.10 0.10 Bharat Financial Inclusion Ltd. Finance 0.09 0.09 Biocon Ltd. Pharmaceuticals 0.09 0.09 Centum Electronics Ltd. Industrial Capital Goods 0.09 0.00 IDFC Ltd. Finance 0.09 0.09 JAIN Irrigation Systems Ltd. Industrial Products 0.09 0.09 Reliance Nippon Life Asset Management Ltd. Finance 0.09 0.00 Godrej Industries Ltd. Consumer Non Durables 0.08 0.08 Max Financial Services Ltd. Finance 0.08 0.08 IRB Infrastructure Developers Ltd Construction 0.07 0.07 Mindtree Consulting Ltd Software 0.07 0.07 Reliance Power Ltd Power 0.07 0.07 Company Industry + / Rating % to NAV (Hedged & Unhedged) % exposure of Derivative BEML Ltd. Industrial Capital Goods 0.06 0.00 Lupin Ltd. Pharmaceuticals 0.06 0.06 PVR Ltd. Media & Entertainment 0.06 0.06 Reliance Infrastructure Ltd. Power 0.06 0.06 Tata Communications Ltd. Telecom - Services 0.06 0.06 Bajaj Auto Ltd. Auto 0.05 0.05 Balkrishna Industries Ltd. Auto Ancillaries 0.05 0.05 Bharat Electronics Ltd. Industrial Capital Goods 0.05 0.00 Hexaware Technologies Ltd. Software 0.05 0.05 Kalpataru Power Transmission Ltd. Power 0.05 0.00 Nestle India Ltd. Consumer Non Durables 0.05 0.05 Sun TV Network Ltd. Media & Entertainment 0.05 0.05 Adani Ports & Special Economic Zone Transportation 0.04 0.04 IDBI Bank Ltd. Banks 0.04 0.04 KEC International Ltd. Construction Project 0.04 0.00 MRF Ltd. Auto Ancillaries 0.04 0.04 Orient Cement Ltd. Cement 0.04 0.00 Spencers Retail Ltd. Retailing 0.04 0.00 Ujjivan Financial Services Ltd. Finance 0.04 0.04 United Breweries Ltd. Consumer Non Durables 0.04 0.04 Bosch Ltd. Auto Ancillaries 0.03 0.03 CESC Ventures Ltd. Software 0.03 0.00 NBCC (India) Ltd. Construction 0.03 0.00 ACC Ltd. Cement 0.02 0.02 Bajaj Finserv Ltd Finance 0.02 0.02 CanFin Homes Ltd Finance 0.02 0.02 Godfrey Phillips India Ltd. Consumer Non Durables 0.02 0.02 IFCI Ltd. Finance 0.02 0.02 Kotak Mahindra Bank Ltd. Banks 0.02 0.02 S Chand and Company Ltd. Media & Entertainment 0.02 0.00 Shree Cement Ltd. Cement 0.02 0.02 Siemens Ltd. Industrial Capital Goods 0.02 0.02 Cholamandalam Investment & Finance Finance 0.01 0.01 Dish TV India Ltd. Media & Entertainment 0.01 0.01 Syndicate Bank Banks 0.01 0.01 The South Indian Bank Ltd. Banks 0.01 0.01 Indraprastha Gas Ltd. Gas @ MPS Ltd. Consumer Non Durables @ Piramal Enterprises Ltd. Pharmaceuticals @ Sub Total 66.57 Preference Shares Zee Entertainment Enterprises Ltd. Media & Entertainment @ Sub Total @ Total 66.57 Debt & Debt Related Government Securities (Central/State) 7.16 GOI 2023 Sovereign 1.12 Sub Total 1.12 Credit Exposure Housing Development Finance Corporation Ltd. CRISIL - AAA / ICRA - AAA 3.68 Punjab National Bank CARE - A+ 3.12 State Bank of India CARE - AA+ / CRISIL - AA+ 2.53 Power Finance Corporation Ltd CRISIL - AAA 1.64 HDFC Bank Ltd. CARE - AA+ 1.62 Syndicate Bank CARE - A+ 1.33 M&M Financial Services Ltd. CARE - AAA / IND - AAA 1.19 Reliance Jio Infocomm Ltd. CRISIL - AAA / ICRA - AAA 1.18 Rural Electrification Corporation Ltd. CRISIL - AAA 0.96 Union Bank of India CARE - AA- / IND - AA 0.84 ONGC Petro additions Ltd. (OPAL) (Put on ONGC Ltd.) CRISIL - AAA(SO) 0.40 Axis Bank Ltd. CRISIL - AA+ 0.39 Canara Bank CRISIL - AA 0.39 Aarish Solar Power Private Ltd. (Greenko) CARE - AA-(SO) 0.19 Bank of Baroda CARE - AA 0.16 LIC Housing Finance Ltd. CRISIL - AAA 0.16 Power Grid Corporation of India Ltd CRISIL - AAA 0.16 JM Financial Asset Reconstruction Company Ltd. ICRA - AA- 0.01 Sub Total 19.95 Total 21.07 Short Term Deposits as margin for Futures & Options 10.15 Cash, Cash Equivalents and Net Current Assets 2.21 Top Ten Holdings, Co-sponsor, @ Less than 0.01% Outstanding exposure in derivative instruments (` in Crore) 2,047.83 Hedged position in Equity & Equity related instruments Outstanding derivative exposure (% age) 32.75 Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, CD - Certificate of Deposit; CP - Commercial Papers. Data is as of January 31, 2019 unless otherwise specified. 30 January 2019
HDFC Hybrid Debt Fund (An open ended hybrid scheme investing predominantly in debt instruments) To generate income / capital appreciation by investing primarily in debt securities, money market instruments and moderate exposure to equities. There is no assurance that the of the will be realized. CATEGORY OF SCHEME: Conservative Hybrid Fund Fund Manager Prashant Jain (Equities) (since December 26, 03) Total Experience: Over 27 years & Shobhit Mehrotra (Debt) (since September 1, 07) Total Experience: Over 25 years December 26, 2003 NAV (As on January 31, 2019) NAV per Unit (`) Regular Plan - Growth Option 44.3946 Regular Plan - Monthly Dividend Option 12.9989 Regular Plan - Quarterly Dividend Option 13.6927 Direct Plan - Growth Option 45.8214 Direct Plan - Monthly Dividend Option 13.5473 Direct Plan - Quarterly Dividend Option 14.2680 As on January 31, 2019 3,182.68 Average for Month of January, 2019 3,216.82 Average Maturity * 4.28 years Macaulay Duration * 3.32 years Modified Duration * 3.11 years Yield to Maturity * 8.80% * Computed on the invested amount for debt portfolio. Regular: 1.86% Direct: 1.34% #BENCHMARK INDEX: NIFTY 50 Hybrid Composite Debt 15:85 Index ##addl. BENCHMARK INDEX: Crisil 10 year Gilt Index In respect of each purchase / switch-in of Units, 15% of the Units ( the limit ) may be redeemed without any exit load from the date of allotment. Any redemption in excess of the limit shall be subject to the following exit load: Exit load of 1.00% is payable if Units are redeemed / switchedout within 1 year from the date of allotment of units. No Exit load is payable if Units are redeemed / switchedout after 1 year from the date of allotment. For further details, please refer to para on Pg 51. Regular Plan, Direct Plan. Under Each Plan : Growth, Monthly Dividend & Quarterly Dividend Option. The Dividend Option offers Dividend Payout and Reinvestment facility. Purchase: (Growth & Quarterly Dividend Option) - ` 5,000 and any amount thereafter. (Monthly Dividend Option) - ` 25,000 and any amount thereafter. Purchase : ` 1,000 and any amount thereafter. Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years). Company Industry + / Rating % to NAV Equity & Equity Related ICICI Bank Ltd. Banks 2.52 State Bank of India Banks 2.40 Infosys Ltd. Software 2.24 Bharat Petroleum Corporation Ltd. Petroleum Products 1.52 Larsen and Toubro Ltd. Construction Project 1.44 Power Grid Corporation of India Ltd Power 1.19 HDFC Bank Ltd. Banks 1.11 NTPC Ltd. Power 0.95 Cipla Ltd. Pharmaceuticals 0.86 Chambal Fertilizers & Chemicals Ltd. Fertilisers 0.83 Axis Bank Ltd. Banks 0.81 Tata Consultancy Services Ltd. Software 0.72 Power Finance Corporation Ltd Finance 0.69 Apar Industries Ltd. Industrial Capital Goods 0.65 Tata Chemicals Ltd. Chemicals 0.64 Vedanta Ltd. Non - Ferrous Metals 0.53 Hindustan Petroleum Corporation Ltd. Petroleum Products 0.51 MEP Infrastructure Developers Ltd. Transportation 0.49 Bank of Baroda Banks 0.48 Canara Bank Banks 0.47 NHPC Ltd. Power 0.47 Rural Electrification Corporation Ltd. Finance 0.39 GAIL (India) Ltd. Gas 0.38 Coal India Ltd. Minerals/Mining 0.37 Punjab National Bank Banks 0.36 Tata Steel Ltd. Ferrous Metals 0.35 Syndicate Bank Banks 0.34 Aurobindo Pharma Ltd. Pharmaceuticals 0.32 Texmaco Rail & Engineering Ltd. Industrial Capital Goods 0.26 Union Bank of India Banks 0.26 CG Power and Industrial Solutions Ltd. Industrial Capital Goods 0.21 Mishra Dhatu Nigam Ltd. Ferrous Metals 0.15 Corporation Bank Banks 0.14 Elecon Engineering Comapny Ltd. Industrial Capital Goods 0.03 Titagarh Wagons Ltd. Industrial Capital Goods 0.02 Company Industry + / Rating % to NAV Rallis India Ltd. Pesticides @ Tata Motors Ltd. DVR Auto @ Sub Total 25.10 Debt & Debt Related Government Securities (Central/State) 7.17 GOI 2028 Sovereign 4.62 7.35 GOI 2024 Sovereign 2.36 7.88 GOI 2030 Sovereign 2.24 7.59 GOI 2029 Sovereign 1.26 9.2 GOI 2030 Sovereign 0.87 7.73 GOI 2034 Sovereign 0.80 7.59 GOI 2026 Sovereign 0.79 7.5 GOI 2034 Sovereign 0.77 7.68 GOI 2023 Sovereign 0.32 1.44 GOI 2023 Sovereign 0.23 8.28 GOI 2027 Sovereign 0.16 8.10% Tamil Nadu SDL - Mat 110325 Sovereign 0.08 8.15 GOI 2026 Sovereign 0.01 Sub Total 14.51 Credit Exposure Power Finance Corporation Ltd. CARE - AAA / CRISIL - AAA / ICRA - AAA 7.80 Reliance Jio Infocomm Ltd. Rural Electrification Corporation Ltd. CRISIL - AAA / ICRA - AAA 4.34 CARE - AAA / CRISIL - AAA 4.11 LIC Housing Finance Ltd. CARE - AAA / CRISIL - AAA 2.72 State Bank of India CRISIL - AA+ / CRISIL - AAA 2.53 Union Bank of India CARE - AA- / IND - AA 2.41 Housing Development Finance Corporation Ltd. CRISIL - AAA 2.34 Punjab National Bank CARE - A+ 2.23 Adani Transmission Ltd. IND - AA+ 2.13 TATA International Ltd. CARE - A+ 1.87 Food Corporation of India (Corporate guarantee from Govt of India) CRISIL - AAA(SO) 1.65 Reliance Industries Ltd. CRISIL - AAA 1.56 HDFC Bank Ltd. CARE - AA+ 1.54 Canara Bank ICRA - AA 1.53 Tata Realty and Infrastructure Ltd. CRISIL - AA 1.51 Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, CD - Certificate of Deposit; CP - Commercial Papers. Data is as of January 31, 2019 unless otherwise specified. January 2019 31
HDFC Hybrid Debt Fund (An open ended hybrid scheme investing predominantly in debt instruments)...contd from previous page Portfolio Classification By Asset Class Equity 25.10 G-Sec, SDL 14.51 Credit Exposure 53.09 Cash, Cash Equivalents and Net Current Assets 7.30 Portfolio Classification By Rating Class Equity 25.10 Sovereign 14.51 AAA/AAA(SO)/A1+/A1+(SO) & Equivalent 32.22 AA+ 5.68 AA/AA- 7.78 A+ & Below 7.41 Cash, Cash Equivalents and Net Current Assets 7.30 Company Industry + / Rating % to NAV Andhra Bank CARE - A+ 1.42 The Tata Power Company Ltd. CRISIL - AA- 1.14 Andhra Pradesh Expressway Ltd. (NHAI Annuity) ICRA - AAA(SO) 0.99 Syndicate Bank CARE - A+ 0.97 Power Grid Corporation of India Ltd CRISIL - AAA 0.96 Indian Railways Finance Corporation Ltd. CARE - AAA / CRISIL - AAA 0.93 Hazaribagh Ranchi Expressway Ltd. (NHAI Annuity) CARE - BB 0.88 Kotak Mahindra Bank Ltd. CRISIL - AAA 0.81 Bank of Baroda CARE - AA+ 0.78 ONGC Petro additions Ltd. (OPAL) (Put on ONGC Ltd.) CRISIL - AAA(SO) 0.75 Hinduja Leyland Finance Ltd CARE - AA- 0.65 Cholamandalam Investment & Finance ICRA - AA+ 0.41 Shriram City Union Finance Ltd. CARE - AA+ 0.38 ECL Finance Ltd. ICRA - A1+ 0.32 Company Industry + / Rating % to NAV Export - Import Bank of India CRISIL - AAA 0.32 Hindalco Industries Ltd CRISIL - AA 0.32 National Highways Authority of India CARE - AAA 0.31 Tata Steel Ltd. CARE - AA- 0.16 Daimler Financial Services India Pvt. Ltd. IND - AAA 0.09 Tata Motors Ltd. CARE - AA+ 0.08 Vedanta Ltd. CRISIL - AA 0.06 Bharati Telecom Ltd. CRISIL - AA+ 0.05 Asian Satellite Broadcast Pvt. Ltd (Secured with shares of ZEE Entertainment Enterprise Ltd.) BRICKWORKS - A+(SO) 0.04 Sub Total 53.09 Total 67.60 Cash, Cash Equivalents and Net Current Assets 7.30 Top Ten Holdings, Co-sponsor, @ Less than 0.01% Performance ^ - Regular plan - Growth Option Since Inception 15 year 10 year 5 Year 3 Year 1 Year Total Amount Invested (` 000) 1,820.00 1,800.00 1,200.00 600.00 360.00 120.00 Mkt Value As on January 31, 2019 (` 000) 3,997.94 3,910.18 1,895.15 713.78 388.57 122.67 9.70 9.68 8.84 6.88 5.02 4.14 # 8.55 8.57 8.49 7.84 6.93 7.85 ## 6.36 6.39 6.55 6.54 5.01 10.93 Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. to generate long-term income / capital appreciation investments primarily in debt securities, money market instruments and moderate exposure to equities Performance ^ - Regular plan - Growth Option # ## (`) # Jan 31, 18 Last 1 Year 0.45 5.46 7.16 10,045 10,546 10,716 Jan 29, 16 Last 3 Years 8.55 8.50 6.58 12,800 12,780 12,113 Jan 31, 14 Last 5 Years 10.39 9.61 8.10 16,394 15,827 14,764 Dec 26, 03 Since Inception 10.37 8.10 5.40 44,395 32,450 22,132 greater than 1 year period are compounded annualized (CAGR). performance may not strictly be comparable with that of its in view of hybrid nature of the scheme where a portion of scheme s investments are made in equity instruments. For performance of other schemes managed by Prashant Jain (Equities) and Shobhit Mehrotra (Debt), please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 63. Investors understand that their principal will be at moderately high risk Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of January 31, 2019 unless otherwise specified. 32 January 2019 Note: Effective close of business hours of May 25, 2018, HDFC MF Monthly Income Plan Long Term Plan (MIP-LTP) underwent changes in Fundamental Attributes and was renamed as HDFC Hybrid Debt Fund (HHDF) and HDFC MF Monthly Income Plan Short Term Plan was merged therein. As the portfolio structuring of HHDF closely resembles the erstwhile MIP-LTP, the past performance of MIP-LTP is provided, in line with SEBI circular on Performance disclosure post consolidation/ merger of scheme dated April 12, 2018.
HDFC Arbitrage Fund (An open ended scheme investing in arbitrage opportunities) To generate income through arbitrage opportunities and debt & money market instruments. There is no assurance that the of the will be realized. CATEGORY OF SCHEME: Arbitrage Fund Fund Manager Krishan Kumar Daga (since September 10, 15) Total Experience: Over 22 years October 23, 2007 NAV (As on January 31, 2019) NAV per Unit (`) Retail Plan Regular Plan - Growth Option 21.284 Regular Plan - Dividend Option 15.809 Regular Plan - Quarterly Dividend Option 15.128 Direct Plan - Growth Option 21.934 Direct Plan - Quarterly Dividend Option 16.620 Wholesale Plan Regular Plan - Growth Option 21.748 Regular Plan - Dividend Option 10.394 Regular Plan - Monthly Dividend Option 10.809 Direct Plan - Growth Option 13.838 Direct Plan - Dividend Option 10.756 Direct Plan - Monthly Dividend Option 10.479 As on January 31, 2019 3,516.90 Average for Month of January, 2019 3,557.78 Portfolio Turnover Ratio (Last 1 year) 149.35% Regular: 0.75% Direct: 0.25% #BENCHMARK INDEX: NIFTY 50 Arbitrage Index ##addl. BENCHMARK INDEX: NIFTY 50 (Total Index) In respect of each purchase / switch-in of Units, an of 0.25% is payable if Units are redeemed / switched-out within 1 month from the date of allotment. No is payable if Units are redeemed / switchedout after 1 month from the date of allotment. For further details, please refer to para on Pg 51. (Wholesale Plan) - Regular Plan, (Wholesale Plan) - Direct Plan. Under Each Plan : Growth & Dividend. Dividend Option offers Monthly Dividend Option and Normal Dividend Option with Payout and Reinvestment facility. Purchase/ Purchase: ` 1 lakh and any amount thereafter. Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years). Company Industry + / Rating % to NAV Equity & Equity Related (Quantity fully hedged using Futures/Options) Aurobindo Pharma Ltd. Pharmaceuticals 5.87 Reliance Industries Ltd. Petroleum Products 5.39 Sun Pharmaceutical 4.77 Industries Ltd. Pharmaceuticals YES Bank Ltd. Banks 3.68 Tata Consultancy Services Ltd. Software 3.01 Hindustan Unilever Ltd. Consumer Non Durables 2.23 Maruti Suzuki India Ltd. Auto 2.05 HDFC Bank Ltd. Banks 1.76 Titan Company Ltd. Consumer Durables 1.66 Britannia Industries Ltd. Consumer Non Durables 1.63 Mahindra & Mahindra Ltd. Auto 1.60 Tech Mahindra Ltd. Software 1.47 Tata Steel Ltd. Ferrous Metals 1.41 Dr Reddys Laboratories Ltd. Pharmaceuticals 1.36 Housing Development Finance 1.35 Corporation Ltd. Finance Nestle India Ltd. Consumer Non Durables 1.21 ITC Ltd. Consumer Non Durables 1.13 Shriram Transport Finance 1.12 Company Ltd. Finance Dabur India Ltd. Consumer Non Durables 1.08 Ashok Leyland Ltd Auto 0.99 Adani Ports & Special 0.97 Economic Zone Transportation Tata Motors Ltd. Auto 0.94 Adani Enterprises Ltd. Trading 0.93 Bharti Airtel Ltd. Telecom - Services 0.91 NCC LTD Construction Project 0.77 HCL Technologies Ltd. Software 0.74 Infosys Ltd. Software 0.65 ESCORTS LTD Auto 0.62 JSW Steel Ltd Ferrous Metals 0.62 Tata Motors Ltd. DVR Auto 0.61 Multi Commodity Exchange of 0.60 India Ltd. Finance UPL Ltd. Pesticides 0.53 IDFC Ltd. Finance 0.52 Century Textiles & Industries Ltd. Cement 0.51 Zee Entertainment 0.47 Enterprises Ltd. Media & Entertainment Hindalco Industries Ltd Non - Ferrous Metals 0.46 Strides Pharma Science Ltd. Pharmaceuticals 0.46 Raymond Ltd. Textile Products 0.45 Vedanta Ltd. Non - Ferrous Metals 0.44 Bharat Financial Inclusion Ltd. Finance 0.43 Marico Ltd. Consumer Non Durables 0.43 LIC Housing Finance Ltd. Finance 0.42 Bajaj Auto Ltd. Auto 0.40 Bank of Baroda Banks 0.39 The Tata Power Company Ltd. Power 0.39 Company Industry + / Rating % to NAV Adani Power (Mundra) Ltd. 0.37 (Secured by Shares of Adani Port & SEZ Ltd.) Power Godrej Consumer Products Ltd. Consumer Non Durables 0.36 Indusind Bank Ltd. Banks 0.34 Wipro Ltd. Software 0.34 IRB Infrastructure 0.33 Developers Ltd. Construction DLF Ltd. Construction 0.30 M&M Financial Services Ltd. Finance 0.30 Bajaj Finserv Ltd Finance 0.28 Glenmark Pharmaceuticals Ltd. Pharmaceuticals 0.24 Godrej Industries Ltd. Consumer Non Durables 0.23 Havells India Ltd. Consumer Durables 0.23 United Spirits Ltd. Consumer Non Durables 0.23 Cadila Healthcare Ltd. Pharmaceuticals 0.22 Eicher Motors Ltd. Auto 0.22 Hero MotoCorp Ltd. Auto 0.22 Equitas Holdings Ltd. Finance 0.20 Ambuja Cements Ltd. Cement 0.18 Balkrishna Industries Ltd. Auto Ancillaries 0.15 The South Indian Bank Ltd. Banks 0.15 Wockhardt Ltd. Pharmaceuticals 0.15 Tata Elxsi Ltd. Software 0.14 Bajaj Finance Ltd. Finance 0.13 CanFin Homes Ltd Finance 0.13 GAIL (India) Ltd. Gas 0.13 State Bank of India Banks 0.13 JAIN Irrigation Systems Ltd. Industrial Products 0.12 Reliance Infrastructure Ltd. Power 0.12 Grasim Industries Ltd. Cement 0.11 MRF Ltd. Auto Ancillaries 0.11 Siemens Ltd. Industrial Capital Goods 0.11 Petronet Lng Ltd. Gas 0.10 Cipla Ltd. Pharmaceuticals 0.09 Reliance Capital Ltd. Finance 0.09 Reliance Power Ltd Power 0.09 Axis Bank Ltd. Banks 0.08 IDBI Bank Ltd. Banks 0.08 Kotak Mahindra Bank Ltd. Banks 0.08 Piramal Enterprises Ltd. Pharmaceuticals 0.08 TV18 Broadcast Ltd. Media & Entertainment 0.08 Bharat Forge Ltd. Industrial Products 0.07 Guj State Fertilizers & 0.06 Chemicals Fertilisers InterGlobe Aviation Ltd. Transportation 0.05 IFCI Ltd. Finance 0.04 Jubilant Foodworks Ltd. Consumer Non Durables 0.04 Kajaria Ceramics Ltd. Construction 0.04 Exide Industries Ltd. Auto Ancillaries 0.03 Asian Paints Ltd. Consumer Non Durables 0.02 Shree Cement Ltd. Cement 0.02 Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of January 31, 2019 unless otherwise specified....contd on next page January 2019 33
HDFC Arbitrage Fund (An open ended scheme investing in arbitrage opportunities)...contd from previous page Industry Allocation of Equity Holding (% of Net Assets) Pharmaceuticals Consumer Non Durables Auto Banks Software Finance Petroleum Products Ferrous Metals 2.03 Consumer Durables 1.89 Transportation 1.02 Power 0.97 Trading 0.93 Telecom - Services 0.91 Non - Ferrous Metals 0.90 Cement 0.82 Construction Project 0.78 Construction 0.67 Media & Entertainment 0.55 Pesticides 0.53 Textile Products 0.45 Auto Ancillaries 0.29 Gas 0.23 Industrial Products 0.19 Industrial Capital Goods 0.11 Fertilisers 0.06 Telecom - Equipment & Accessories 0.01 8.59 7.65 6.69 6.36 5.61 5.39 0 2 4 6 8 10 12 14 13.24 Company Industry + / Rating % to NAV Bharti Infratel Ltd. Telecom - Equipment 0.01 & Accessories GMR Infrastructure Ltd. Construction Project 0.01 Oracle Financial Services Software 0.01 Software Ltd. ACC Ltd. Cement @ Sub Total 66.87 Debt & Debt Related Credit Exposure Punjab National Bank CARE - A+ 2.17 Housing Development Finance Corporation Ltd. CRISIL - AAA 2.13 Vedanta Ltd. CRISIL - AA 2.09 ONGC Petro additions Ltd. (OPAL) (Put on ONGC Ltd.) CRISIL - AAA(SO) 0.71 Syndicate Bank CARE - A+ 0.70 Company Industry + / Rating % to NAV Andhra Bank CARE - A+ 0.58 Bank of Baroda CARE - AA 0.42 Union Bank of India IND - AA 0.26 ICICI Bank Ltd. ICRA - AA+ 0.06 Sub Total 9.12 Short Term Deposits as margin for Futures & Options 20.18 Cash, Cash Equivalents and Net Current Assets 3.83 Top Ten Holdings, Co-sponsor, @ less than 0.01% Outstanding exposure in derivative instruments (` in Crore) 2,363.41 Hedged position in Equity & Equity related instruments Outstanding derivative exposure (% age) 67.20 income over short term. income through arbitrage opportunities between cash and derivative market and arbitrage opportunities within the derivative segment. Portfolio Classification By Asset Class Equity 66.87 Credit Exposure 9.12 Cash, Cash Equivalents and Net Current Assets 24.01 Portfolio Classification By Rating Class Equity 66.87 AAA/AAA(SO)/A1+/A1+(SO) & Equivalent 2.84 AA+ 0.06 AA/AA- 2.77 A+ & Below 3.45 Cash, Cash Equivalents and Net Current Assets 24.01 Investors understand that their principal will be at moderately low risk 34 January 2019 Performance ^ - wholesale Plan - Regular plan - Growth Option # ## (`) # Jan 31, 18 Last 1 Year 5.56 4.85-0.35 10,556 10,485 9,965 Jan 29, 16 Last 3 Years 5.89 5.14 14.20 11,879 11,628 14,910 Jan 31, 14 Last 5 Years 6.53 6.25 13.61 13,721 13,546 18,930 Oct 23, 07 Since Inception 7.13 N.A. 7.49 21,748 N.A. 22,594 greater than 1 year period are compounded annualized (CAGR). N.A. Not Available. performance is not strictly comparable with that of its since the scheme does not take directional call in equity markets but is limited to availing arbitrage opportunities, etc. For performance of other schemes managed by Krishan Kumar Daga, please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 60. Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, CD - Certificate of Deposit; CP - Commercial Papers, Data is as of January 31, 2019 unless otherwise specified.
HDFC Corporate Bond Fund (An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds) To generate income/capital appreciation through investments predominantly in AA+ and above rated corporate bonds. There is no assurance that the of the will be realized. CATEGORY OF SCHEME: Corporate Bond Fund Fund Manager Anupam Joshi (since October 27, 15) Total Experience: Over 12 years June 29, 2010 NAV (As on January 31, 2019) NAV per Unit (`) Regular Plan - Growth Option 20.3535 Regular Plan - Dividend Option 13.8433 Regular Plan - Quarterly Dividend Option 10.2430 Direct Plan - Growth Option 20.4744 Direct Plan - Dividend Option 14.0513 Direct Plan - Quarterly Dividend Option 10.1381 As on January 31, 2019 11,519.57 Average for Month of January, 2019 11,242.67 Average Maturity * 2.69 years Macaulay Duration * 2.17 years Modified Duration * 2.02 years Yield to Maturity * 8.29% * Computed on the invested amount. Regular: 0.45% Direct: 0.40% #BENCHMARK INDEX: CRISIL Composite Bond Fund Index ##addl. BENCHMARK INDEX: CRISIL 10 year Gilt Index Nil Regular Plan, Direct Plan. Under both the Plans: Growth, Quarterly Dividend & Normal Dividend. Both Dividend options offer Payout and Reinvestment facilities. Purchase : ` 5,000 and any amount thereafter. Purchase : ` 1,000 and any amount thereafter. Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years). Issuer Rating % to NAV Debt & Debt Related Government Securities (Central/State) 7.17 GOI 2028 Sovereign 3.40 8.76% Maharashtra SDL - Mat 220222 Sovereign 1.56 8.94% Gujarat SDL - Mat 070322 Sovereign 0.86 7.42% Maharashtra SDL - Mat 110522 Sovereign 0.76 6.17 GOI 2023 Sovereign 0.42 8.66% Maharashtra SDL - Mat 250122 Sovereign 0.31 8.64% Tamil Nadu SDL - Mat 060721 Sovereign 0.02 7.68 GOI 2023 Sovereign 0.01 Sub Total 7.34 Credit Exposure Power Finance Corporation Ltd. CARE - AAA / CRISIL - AAA / ICRA - AAA 8.68 Bajaj Finance Ltd. CRISIL - AAA / IND - AAA 6.52 ONGC Petro additions Ltd. (OPAL) (Put on ONGC Ltd.) CRISIL - AAA(SO) 5.98 Housing Development Finance Corporation Ltd. CRISIL - AAA 5.90 Indiabulls Housing Finance Ltd. CARE - AAA 5.06 Reliance Industries Ltd. CRISIL - AAA / ICRA - AAA 4.99 M&M Financial Services Ltd. IND - AAA 4.71 HDB Financial Services Ltd. CARE - AAA / CRISIL - AAA 4.51 Rural Electrification Corporation Ltd. CRISIL - AAA / IND - AAA 4.50 LIC Housing Finance Ltd. CARE - AAA / CRISIL - AAA 3.93 Food Corporation of India (Corporate guarantee from Govt of India) CRISIL - AAA(SO) 2.25 State Bank of India CRISIL - AAA 2.21 Reliable Devices Trust ICRA - AAA(SO) 2.05 Export - Import Bank of India CRISIL - AAA 2.03 Reliance Jio Infocomm Ltd. CRISIL - AAA 2.02 National Highways Authority of India CARE - AAA / CRISIL - AAA 1.95 Indian Railways Finance Corporation Ltd. CRISIL - AAA 1.69 Portfolio Classification By Asset Class G-Sec, SDL 7.34 CD 2.77 Credit Exposure 80.12 Cash, Cash Equivalents and Net Current Assets 9.77 Issuer Rating % to NAV NTPC Ltd. CRISIL - AAA 1.65 Tata Sons Ltd. CRISIL - AAA 1.15 L&T Infrastructure Finance Ltd. CARE - AAA 1.04 National Bank for Agriculture & Rural Development CRISIL - AAA 1.01 Power Grid Corporation of India Ltd. CRISIL - AAA 0.96 Small Industries Development Bank CARE - AAA 0.90 Bank of Baroda CARE - AAA 0.86 Sikka Port and Terminal Ltd. (erstwhile Reliance Ports and Terminals Ltd.) CARE - AAA 0.79 Andhra Pradesh Expressway Ltd. (NHAI Annuity) ICRA - AAA(SO) 0.54 Housing and Urban Development Corporation Ltd. IND - AAA 0.51 Nabha Power Ltd. (Corporate Guarantee of L&T Ltd.) ICRA - AAA(SO) 0.43 Jamnagar Utilities & Power Pvt. Ltd. (erstwhile Reliance Utilities & Power Pvt. Ltd.) CARE - AAA 0.39 Toyota Financial Services India Ltd CRISIL - AAA 0.26 Gujarat Road and Infrastructure Company Ltd. ICRA - AAA(SO) 0.21 Kotak Mahindra Prime Ltd. CRISIL - AAA 0.21 Daimler Financial Services India Pvt. Ltd. IND - AAA 0.19 NHPC Ltd. IND - AAA 0.04 Sub Total 80.12 Total 87.46 MONEY MARKET INSTRUMENTS CD/CP ICICI Bank Ltd. CRISIL - A1+ / ICRA - A1+ 1.60 Small Industries Development Bank of India CARE - A1+ / ICRA - A1+ 1.17 Sub Total 2.77 Cash, Cash Equivalents and Net Current Assets 9.77 Top Ten Holdings, Co-sponsor Portfolio Classification By Rating Class Sovereign 7.34 AAA/AAA(SO)/A1+/A1+(SO) & Equivalent 82.89 Cash, Cash Equivalents and Net Current Assets 9.77 income over short to medium term to generate income/capital appreciation through investments predominantly in AA+ and above rated corporate bonds Investors understand that their principal will be at moderately low risk Performance ^ - Regular plan - Growth Option # ## (`) # Jan 31, 18 Last 1 Year 6.83 6.42 7.16 10,683 10,642 10,716 Jan 29, 16 Last 3 Years 7.86 7.67 6.58 12,557 12,490 12,113 Jan 31, 14 Last 5 Years 8.65 9.10 8.10 15,143 15,461 14,764 Jun 29, 10 Since Inception 8.62 7.93 6.35 20,354 19,272 16,983 greater than 1 year period are compounded annualized (CAGR). Performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. For performance of other schemes managed by Anupam Joshi, please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 60. Note: Effective close of business hours of May 8, 2018, HDFC Medium Term Opportunities Fund (HMTOF) underwent changes in Fundamental Attributes and was renamed as HDFC Corporate Bond Fund (HCBF) and HDFC Floating Rate Income Fund Long Term Plan and HDFC Gilt Fund Short Term Plan were merged therein. As the portfolio structuring of HCBF closely resembles the erstwhile HMTOF, the past performance of HMTOF is provided, in line with SEBI circular on Performance disclosure post consolidation/ merger of scheme dated April 12, 2018. Face Value per Unit: ` 10 unless otherwise specified, CD - Certificate of Deposit; CP - Commercial Papers, Data is as of January 31, 2019 unless otherwise specified. January 2019 35
HDFC Credit Risk Debt Fund [An open ended debt scheme predominantly investing in AA and below rated corporate bonds (excluding AA+ rated corporate bonds)] To generate income/capital appreciation by investing predominantly in AA and below rated corporate debt. There is no assurance that the of the will be realized. CATEGORY OF SCHEME: Credit Risk Fund Fund Manager Shobhit Mehrotra (since March 25, 14) Total Experience: Over 25 years March 25, 2014 NAV (As on January 31, 2019) NAV per Unit (`) Regular Plan - Growth Option 15.0075 Regular Plan - Dividend Option 13.8186 Regular Plan - Quarterly Dividend Option 10.3070 Direct Plan - Growth Option 15.6477 Direct Plan - Dividend Option 13.7164 Direct Plan - Quarterly Dividend Option 10.4308 As on January 31, 2019 16,840.68 Average for Month of January, 2019 17,009.81 Average Maturity * 2.46 years Macaulay Duration * 2.09 years Modified Duration * 1.93 years Yield to Maturity * 9.66% * Computed on the invested amount. #BENCHMARK INDEX: Crisil Short Term Bond Fund Index ##addl. BENCHMARK INDEX: CRISIL 10 year Gilt Index Performance ^ - Regular plan - Growth Option # Regular: 1.64% Direct: 1.14% In respect of each purchase / switch-in of Units, 15% of the units ( the limit ) may be redeemed without any exit Load from the date of allotment Any redemption in excess of the above limit shall be subject to the following exit load: In respect of each purchase / switch-in of Units, an of 1.00% is payable if Units are redeemed / switched-out within 12 months from the date of allotment In respect of each purchase / switch-in of Units, an of 0.50% is payable if Units are redeemed / switched-out after 12 months but within 18 months from the date of allotment No is payable if Units are redeemed / switched-out after 18 months from the date of allotment For further details, please refer to para on Pg 51. Regular Plan, Direct Plan. Under Each Plan: Growth, Quarterly Dividend and Normal Dividend. Both Dividend options offers Payout and Reinvestment facilities. Purchase : ` 5,000 and any amount thereafter. Purchase : ` 1,000 and any amount thereafter. Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years). ## (`) # Jan 31, 18 Last 1 Year 5.44 7.10 7.16 10,544 10,710 10,716 Jan 29, 16 Last 3 Years 7.59 7.53 6.58 12,461 12,441 12,113 Mar 25, 14 Since Inception 8.72 8.21 8.08 15,008 14,668 14,588 The above returns are for Regular Plan - Growth Option. greater than 1 year period are compounded annualized (CAGR). The is in existence for more than 1 year but less than 5 years. Performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. Load is not taken into consideration for computation of performance. For performance of other schemes managed by Shobhit Mehrotra, please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 58. Company Industry + / Security Rating Debt & Debt Related Issuer Rating % to NAV Government Securities (Central/State) 8.39% Rajasthan SDL - Mat 150322 Sovereign Sovereign 0.30 Sub Total 0.30 Credit Exposure HPCL-Mittal Energy Ltd. ICRA - AA+ ICRA - AA+ 4.35 Vedanta Ltd. CRISIL - AA CRISIL - AA 4.29 TATA International Ltd. CARE - A+ ICRA - A 4.10 Rural Electrification Corporation Ltd. CARE - AAA / CRISIL - AAA CRISIL - AAA 3.16 Tata Steel Ltd. CARE - AA / CARE - AA- CARE - AA 2.93 The Tata Power Company Ltd. CARE - AA / CRISIL - AA- CRISIL - AA- 2.92 Jamnagar Utilities & Power Pvt. Ltd. (erstwhile Reliance Utilities & Power Pvt. Ltd.) CARE - AAA / CRISIL - AAA CRISIL - AAA 2.74 Portfolio Classification By Asset Class SDL 0.30 CP 3.19 Credit Exposure 92.56 Cash, Cash Equivalents and Net Current Assets 3.95 Portfolio Classification By Issuer Rating Class Sovereign 0.30 AAA/AAA(SO)/A1+/A1+(SO) & Equivalent 24.32 AA+ 8.64 AA/AA- 42.60 A+ & Below 20.19 Cash, Cash Equivalents and Net Current Assets 3.95 income over short to medium term to generate income/capital appreciation by investing predominantly in AA and below rated corporate debt (excluding AA+ rated corporate bonds) Investors understand that their principal will be at moderate risk Note: Effective close of business hours of May 8, 2018, HDFC Corporate Debt Opportunities Fund (HCDOF) underwent changes in Fundamental Attributes and was renamed as HDFC Credit Risk Debt Fund (HCRDF) and HDFC Regular Savings Fund was merged therein. As the portfolio structuring of HCRDF closely resembles the erstwhile HCDOF, the past performance of HCDOF is provided, in line with SEBI circular on Performance disclosure post consolidation/ merger of scheme dated April 12, 2018. Company Industry + / Security Rating Issuer Rating % to NAV HDFC Bank Ltd. CARE - AA+ CRISIL - AAA 2.65 Punjab National Bank CARE - A+ ICRA - AA- 2.40 Nuvoco Vistas Corporation Ltd. (100% subsidiary of Nirma Ltd. & erstwhile Lafarge India Ltd.) CRISIL - AA CRISIL - AA 2.33 Dilip Buildcon Ltd. CRISIL - A CRISIL - A 2.30 Sikka Port and Terminal Ltd. (erstwhile Reliance Ports and Terminals Ltd.) CARE - AAA CRISIL - AAA 2.22 Talwandi Sabo Power Ltd (Corporate Guarantee of Vedanta Ltd.) CRISIL - AA(SO) IND - A+ 2.20 Muthoot Finance Ltd. ICRA - AA ICRA - AA- 1.89 DB Consolidated Pvt. Ltd. (Dainik Bhaskar Group Company) NA - UNRATED INTERNAL - A-(SO) 1.79 Tata Sky Ltd. (Subsidiary of Tata Sons) CRISIL - AA CRISIL - AA 1.74 Adani Transmission Ltd. IND - AA+ IND - AA+ 1.69 Face Value per Unit: ` 10 unless otherwise specified, Data is as of January 31, 2019 unless otherwise specified. Based on long term rating. 36 January 2019
HDFC Credit Risk Debt Fund [An open ended debt scheme predominantly investing in AA and below rated corporate bonds (excluding AA+ rated corporate bonds)]...contd from previous page Company Industry + / Security Rating Issuer Rating % to NAV Reliance Jio Infocomm Ltd. CRISIL - AAA CRISIL - AAA 1.65 Coastal Gujarat Power Ltd. (Corporate Guarantee of Tata Power) CARE - AA(SO) CARE - AA(SO) 1.63 Sansar Trust Nov 2018 ICRA - AAA(SO) ICRA - AAA(SO) 1.61 Prism Johnson Ltd. ICRA - A- / IND - A- ICRA - A- 1.57 Sadbhav Infrastructure Project Ltd. (Corporate Guarantee of Sadbhav Engineering Ltd.) CARE - A+(SO) / CRISIL - A+(SO) CARE - A+(SO) 1.53 Small Industries Development Bank CARE - AAA CRISIL - AAA 1.46 Power Finance Corporation Ltd CARE - AAA / CRISIL - AAA / ICRA - AAA CRISIL - AAA 1.43 Aasan Corporate Solutions Pvt Ltd (Ajay Piramal Group Co) ICRA - AA-(SO) ICRA - AA-(SO) 1.36 TMF Holdings Ltd. (Subsidiary of Tata Motors Ltd.) CRISIL - AA CRISIL - AA 1.18 JM Financial Asset Reconstruction Company Ltd. ICRA - AA- CRISIL - AA- 1.13 Power Grid Corporation of India Ltd CRISIL - AAA CRISIL - AAA 1.05 Primat Infrapower & Multiventures Pvt. Ltd. (Secured with shares of ZEE Entertainment Enterprise Ltd. & Dish TV Ltd.) BRICKWORKS - A+(SO) / BRICKWORKS - AA- (SO) INTERNAL - A 1.04 Hindalco Industries Ltd CRISIL - AA CRISIL - AA 1.02 Hinduja Leyland Finance Ltd. CARE - AA- CARE - AA- 0.94 Indiabulls Housing Finance Ltd. CARE - AAA / CRISIL - AAA CRISIL - AA+ 0.90 Reliable Devices Trust ICRA - AAA(SO) ICRA - AAA(SO) 0.89 Housing Development Finance Corporation Ltd. CRISIL - AAA CRISIL - AAA 0.89 GERA Development Private Ltd CARE - A+ CARE - A+ 0.87 Shriram Transport Finance Co. Ltd. CARE - AA+ / CRISIL - AA+ / IND - AA+ CRISIL - AA+ 0.86 Tata Motors Ltd. CARE - AA+ CRISIL - AA 0.82 Starlite Lighting Ltd. (Corporate Guarantee of Bajaj Electrical Ltd.) ICRA - A+(SO) ICRA - A+(SO) 0.79 Syndicate Bank CARE - A+ CRISIL - AA 0.75 Simplex Infrastructures Ltd. CARE - A- CARE - A- 0.74 KEC International Ltd. ICRA - AA- CARE - AA- 0.73 TATA Housing Development Co. Ltd ICRA - AA CARE - AA 0.72 Union Bank of India IND - AA CARE - AA- 0.68 Tata Motors Finance Ltd. CARE - AA+ CRISIL - AA 0.67 NTPC Ltd. CRISIL - AAA CRISIL - AAA 0.63 Tata Realty and Infrastructure Ltd. CRISIL - AA CRISIL - AA 0.60 Bharat Petroleum Corporation Ltd. CRISIL - AAA CRISIL - AAA 0.59 Indostar Capital Finance Ltd. CARE - AA- CARE - AA- 0.59 Tata Capital Financial Services Ltd ICRA - AAA CRISIL - AAA 0.59 Cholamandalam Investment & Finance CRISIL - AA+ / ICRA - AA+ CARE - AA 0.58 Axis Bank Ltd. CRISIL - AA+ CRISIL - AAA 0.58 Export - Import Bank of India CRISIL - AAA CRISIL - AAA 0.58 Aarish Solar Power Private Ltd. (Greenko) CARE - AA-(SO) CARE - AA-(SO) 0.49 Aashman Energy Private Ltd. (Greenko) CARE - AA-(SO) CARE - AA-(SO) 0.49 Divyesh Power Private Ltd. (Greenko) CARE - AA-(SO) CARE - AA-(SO) 0.49 Elena Renewable Energy Private Ltd. (Greenko) CARE - AA-(SO) CARE - AA-(SO) 0.49 Pratyash Renewable Private Ltd. (Greenko) CARE - AA-(SO) CARE - AA-(SO) 0.49 SEI Baskara Power Private Ltd. (Greenko) CARE - AA-(SO) BRICKWORKS - AA-(SO) 0.49 SEI Enerstar Renewable Energy Pvt Ltd (Greenko) CARE - AA-(SO) CARE - AA-(SO) 0.49 SEI Mihir Energy Private Ltd. (Greenko) CARE - AA-(SO) CARE - AA-(SO) 0.49 Shreyas Renewable Energy Private Ltd. (Greenko) CARE - AA-(SO) CARE - AA-(SO) 0.49 Zuvan Energy Private Ltd. (Greenko) CARE - AA-(SO) CARE - AA-(SO) 0.49 Prabhakar Viniyog Pvt. Ltd. (Secured with shares of Emami Ltd.) BRICKWORKS - AA-(SO) IND - AA-(SO) 0.47 Company Industry + / Issuer Rating % to NAV Security Rating APL Apollo Tubes Ltd. CARE - AA- CARE - AA- 0.42 Andhra Bank CARE - A+ CRISIL - AA 0.41 Au Small Finance Bank Ltd. IND - AA- CARE - A+ 0.37 PNB Housing Finance Ltd. IND - AA+ CRISIL - AA+ 0.37 Aarti Industries Ltd. CRISIL - AA- CRISIL - AA- 0.36 Inox Air Products Pvt. Ltd. CRISIL - AA CRISIL - AA 0.34 Repco Home Finance Ltd CARE - AA / CRISIL - AA ICRA - AA- 0.34 Raviraj Viniyog Pvt. Ltd. (Secured with shares of Emami Ltd.) BRICKWORKS - AA-(SO) BRICKWORKS - AA-(SO) 0.33 Emami Infrastructure Ltd. (Secured with shares of Emami Ltd.) BRICKWORKS - AA-(SO) BRICKWORKS - AA-(SO) 0.32 JM Financial Credit Solutions Ltd ICRA - AA CRISIL - AA 0.31 Edisons Infrapower & Multiventures Pvt. Ltd. (Secured with shares of ZEE Entertainment Enterprise Ltd. & Dish TV Ltd.) BRICKWORKS - A+(SO) INTERNAL - A+(SO) 0.29 HDB Financial Services Ltd. CRISIL - AAA CRISIL - AAA 0.29 India Infoline Finance Ltd. ICRA - AA CRISIL - AA 0.29 L&T Finance Ltd. CARE - AAA CARE - AAA 0.29 L&T Housing Finance Ltd. CARE - AAA CARE - AAA 0.29 KKR India Financial Services Pvt Ltd. CRISIL - AA+ CRISIL - AA+ 0.24 Aspire Home Finance Corporation Ltd (Subsidiary of Motilal Oswal Financial Services Ltd.) CRISIL - A+ / ICRA - A+ CRISIL - A+ 0.22 Century Textiles & Industries Ltd. CRISIL - AA CARE - AA- 0.20 Arm Infra & Utilities Pvt. Ltd. (Secured with shares of ZEE Entertainment Enterprise Ltd.) BRICKWORKS - A+ / BRICKWORKS - AA- BRICKWORKS - A+(SO) 0.19 Hazaribagh Ranchi Expressway Ltd. (NHAI Annuity) CARE - BB CARE - BB 0.17 ECL Finance Ltd. CARE - AA CRISIL - AA 0.16 G R Infraprojects Ltd. CARE - AA- CARE - AA- 0.15 Mahanagar Telephone Nigam Ltd. (Corporate guarantee from Govt of India) CRISIL - AAA(SO) CRISIL - AAA(SO) 0.15 Reliance Industries Ltd. CRISIL - AAA CRISIL - AAA 0.15 Sundaram Finance Ltd. ICRA - AAA IND - AA+ 0.15 Bhanu Vyapar Pvt. Ltd. (Secured with shares of Emami Ltd.) IND - AA-(SO) IND - AA-(SO) 0.14 Kalpataru Power Transmission Ltd. CRISIL - AA CRISIL - AA 0.13 Asian Satellite Broadcast Pvt. Ltd (Secured with shares of ZEE Entertainment Enterprise Ltd.) BRICKWORKS - AA-(SO) BRICKWORKS - A+ 0.12 NHPC Ltd. ICRA - AAA CRISIL - AAA 0.11 Tata Sons Ltd. CRISIL - AAA CRISIL - AAA 0.11 Volkswagen Finance Private Ltd. IND - AAA IND - AAA 0.11 Aavas Financiers Ltd. (Formerly known as Au Housing Finance Ltd.) ICRA - A+ CRISIL - A 0.09 LIC Housing Finance Ltd. CRISIL - AAA CRISIL - AAA 0.07 Petronet Lng Ltd. CRISIL - AAA CRISIL - AA+ 0.06 Sprit Infrapower & Multiventures Pvt. Ltd. (Secured with shares of Zee Entertainment Enterprise Ltd. & Dish TV Ltd.) BRICKWORKS - A+(SO) INTERNAL - A+ 0.05 Food Corporation of India (Corporate guarantee from Govt of India) CRISIL - AAA(SO) CRISIL - AAA(SO) 0.03 Tube Investments of India Ltd. CRISIL - AA+ CRISIL - AA+ 0.02 Sub Total 92.56 Money Market Instruments CD/CP Simplex Infrastructures Ltd. CARE - A2+ CARE - A- 1.76 Steel Authority Of India Ltd. CARE - A1+ CARE - AA- 1.43 Sub Total 3.19 Cash, Cash Equivalents and Net Current Assets 3.95 Top Ten Holdings, Co-sponsor Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, CD - Certificate of Deposit; CP - Commercial Papers, Data is as of January 31, 2019 unless otherwise specified. January 2019 37
HDFC Banking and PSU Debt Fund (An open ended debt scheme predominantly investing in debt instruments of banks, public sector undertakings, public financial institutions and municipal bonds) 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. There is no assurance that the of the will be realized. CATEGORY OF SCHEME: Banking and PSU Fund Fund Manager Anil Bamboli (since March 26, 14) Total Experience: Over 23 years March 26, 2014 NAV (As on January 31, 2019) NAV per Unit (`) Regular Plan - Growth Option 14.7264 Regular Plan - Dividend Option 10.2595 Direct Plan - Growth Option 14.9194 Direct Plan - Dividend Option 10.3213 As on January 31, 2019 2,819.68 Average for Month of January, 2019 2,820.40 Average Maturity * 2.54 years Macaulay Duration * 2.16 years Modified Duration * 2.00 years Yield to Maturity * 8.71% * Computed on the invested amount. Regular: 0.80% Direct: 0.35% #BENCHMARK INDEX: CRISIL Short Term Bond Fund Index ##addl. BENCHMARK INDEX: CRISIL 1 year T-Bill Index Nil Regular Plan, Direct Plan. Under Each Plan: Growth & Dividend. The Dividend Option offers Dividend Payout and Reinvestment facility. Issuer Rating % to NAV Debt & Debt Related Credit Exposure Power Finance Corporation Ltd. CARE - AAA / CRISIL - AAA / ICRA - AAA 9.31 National Highways Authority of India CRISIL - AAA 8.85 Power Grid Corporation of India Ltd. CRISIL - AAA 7.32 Food Corporation of India (Corporate guarantee from Govt of India) CRISIL - AAA(SO) 6.71 Bank of Baroda CARE - AA 5.70 Rural Electrification Corporation Ltd. Mahanagar Telephone Nigam Ltd. (Corporate guarantee from Govt of India) CRISIL - AAA / IND - AAA 5.43 CARE - AAA(SO) / CRISIL - AAA / CRISIL - AAA(SO) 5.19 Syndicate Bank CARE - A+ 4.71 Union Bank of India CARE - AA- / IND - AA 4.60 TATA International Ltd. CARE - A+ 4.40 Export - Import Bank of India CRISIL - AAA 2.35 ONGC Petro additions Ltd. (OPAL) (Put on ONGC Ltd.) CRISIL - AAA(SO) 1.95 HDFC Bank Ltd. CARE - AA+ 1.92 Punjab National Bank CARE - A+ 1.85 Small Industries Development Bank CARE - AAA 1.79 NTPC Ltd. CRISIL - AAA 1.72 LIC Housing Finance Ltd. CRISIL - AAA 1.61 Andhra Bank CARE - A+ 1.60 Vijaya Bank CARE - AA- 1.42 Issuer Rating % to NAV State Bank of India CRISIL - AA+/CRISIL - AAA 0.95 The Tata Power Company Ltd. CRISIL - AA- 0.92 Indian Railways Finance Corporation Ltd. CRISIL - AAA 0.86 Vedanta Ltd. CRISIL - AA 0.69 Aashman Energy Private Ltd. (Greenko) CARE - AA-(SO) 0.42 Divyesh Power Private Ltd. (Greenko) CARE - AA-(SO) 0.42 Elena Renewable Energy Private Ltd.(Greenko) CARE - AA-(SO) 0.42 Pratyash Renewable Private Ltd. (Greenko) CARE - AA-(SO) 0.42 SEI Baskara Power Private Ltd. (Greenko) CARE - AA-(SO) 0.42 SEI Enerstar Renewable Energy Pvt Ltd (Greenko) CARE - AA-(SO) 0.42 SEI Mihir Energy Private Ltd. (Greenko) CARE - AA-(SO) 0.42 Shreyas Renewable Energy Private Ltd. (Greenko) CARE - AA-(SO) 0.42 Zuvan Energy Private Ltd. (Greenko) CARE - AA-(SO) 0.42 Housing Development Finance Corporation Ltd. CRISIL - AAA / ICRA - AAA 0.39 Hazaribagh Ranchi Expressway Ltd. (NHAI Annuity) CARE - BB 0.20 Sub Total 86.22 Cash, Cash Equivalents and Net Current Assets 13.78 Top Ten Holdings, Co-sponsor Purchase : ` 5,000 and any amount thereafter. Purchase : ` 1,000 and any amount thereafter. Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years). income over short to medium term. 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 Investors understand that their principal will be at moderate risk Face Value per Unit: ` 10 unless otherwise specified, Data is as of January 31, 2019 unless otherwise specified. 38 January 2019 Portfolio Classification By Asset Class Credit Exposure 86.22 Cash, Cash Equivalents and Net Current Assets 13.78 Performance ^ - Regular plan - Growth Option # Portfolio Classification By Rating Class ## AAA/AAA(SO)/A1+/A1+(SO) & Equivalent 54.38 AA+ 1.97 AA/AA- 17.11 A+ & Below 12.76 Cash, Cash Equivalents and Net Current Assets 13.78 (`) # Jan 31, 18 Last 1 Year 6.05 7.10 7.22 10,605 10,710 10,722 Jan 29, 16 Last 3 Years 7.59 7.53 6.73 12,461 12,441 12,166 Mar 26, 14 Since Inception 8.30 8.21 7.34 14,726 14,667 14,104 The above returns are for Regular Plan - Growth Option. greater than 1 year period are compounded annualized (CAGR). The is in existence for more than 1 year but less than 5 years. Performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. For performance of other schemes managed by Anil Bamboli, please refer page 48. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 61.
HDFC Gilt Fund (An open ended debt scheme investing in government securities across maturities) To generate credit risk-free returns through investments in sovereign securities issued by the Central Government and/ or State Government. There is no assurance that the of the will be realized. CATEGORY OF SCHEME: Gilt Fund Fund Manager Anil Bamboli (since September 1, 07) Total Experience: Over 23 years July 25, 2001 NAV (As on January 31, 2019) NAV per Unit (`) Regular Plan - Growth Option 36.6758 Regular Plan - Dividend Option 11.1455 Direct Plan - Growth Option 37.5657 Direct Plan - Dividend Option 11.4863 As on January 31, 2019 1,187.85 Average for Month of January, 2019 1,184.84 Average Maturity * 4.13 years Macaulay Duration * 3.16 years Modified Duration * 3.04 years Yield to Maturity * 7.16% * Computed on the invested amount. Regular: 0.90% Direct: 0.55% #BENCHMARK INDEX: CRISIL Dynamic Gilt Index ##addl. BENCHMARK INDEX: CRISIL 10 year Gilt Index Nil Regular Plan, Direct Plan. Under both the Plans: Growth & Dividend Option (Dividend Option offers Dividend Payout and Reinvestment facility. Purchase : ` 5,000 and any amount thereafter. Purchase : ` 1,000 and any amount thereafter. Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years). Issuer Rating % to NAV Debt & Debt Related Government Securities (Central/State) 7.17 GOI 2028 Sovereign 18.56 7.35 GOI 2024 Sovereign 7.59 6.84 GOI 2022 Sovereign 6.25 7.37 GOI 2023 Sovereign 5.29 8.08 GOI 2022 Sovereign 5.19 8.60% Rajasthan SDL- Mat 061128 Sovereign 4.34 8.21% Rajasthan (UDAY) SDL - Mat 310322 Sovereign 4.25 8.61% Uttar Pradesh SDL (UDAY) - Mat 210322 Sovereign 3.29 8.2 GOI 2025 Sovereign 2.19 8.2 GOI 2022 Sovereign 2.16 8.39% Rajasthan SDL - Mat 150322 Sovereign 2.14 8.21% Haryana SDL - Mat 310322 Sovereign 2.13 7.86% Rajasthan SDL (UDAY - Strip II ) - ISD 230616 Mat 230619 Sovereign 2.11 Portfolio Classification By Asset Class G-Sec, SDL, T-Bills 89.74 Cash, Cash Equivalents and Net Current Assets 10.26 Issuer Rating % to NAV 8.66% Maharashtra SDL - Mat 250122 Sovereign 1.29 7.59 GOI 2026 Sovereign 1.27 7.32 GOI 2024 Sovereign 1.18 8.15 GOI 2022 Sovereign 0.87 8.24 GOI 2033 Sovereign 0.38 7.73 GOI 2034 Sovereign 0.25 7.95 GOI 2032 Sovereign 0.10 8.97 GOI 2030 Sovereign 0.09 Sub Total 70.92 T-bills 182 Days TBill - Mat 080319 Sovereign 18.82 Sub Total 18.82 Total 89.74 Cash, Cash Equivalents and Net Current Assets 10.26 Top Ten Holdings Outstanding exposure in derivative instruments Interest Rate Swap (` in Crore) 35.00 Portfolio Classification By Rating Class Sovereign 89.74 Cash, Cash Equivalents and Net Current Assets 10.26 credit risk free returns over medium to long term to generate credit risk-free returns through investments in sovereign securities issued by the Central Government and / or State Government Investors understand that their principal will be at moderate risk Performance ^ - Regular plan - Growth Option Face Value per Unit: ` 10 unless otherwise specified, Data is as of January 31, 2019 unless otherwise specified. # ## (`) # Jan 31, 18 Last 1 Year 6.27 7.82 7.16 10,627 10,782 10,716 Jan 29, 16 Last 3 Years 8.00 7.49 6.58 12,606 12,428 12,113 Jan 31, 14 Last 5 Years 9.42 9.21 8.10 15,690 15,541 14,764 Jul 25, 01 Since Inception 7.69 8.19 N.A. 36,676 39,734 N.A. greater than 1 year period are compounded annualized (CAGR). N.A. Not Available. Performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. For performance of other schemes managed by Anil Bamboli, please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 61. January 2019 39
HDFC Dynamic Debt Fund (An open ended dynamic debt scheme investing across duration) To generate income / capital appreciation by investing in a range of debt and money market instruments. There is no assurance that the of the will be realized. CATEGORY OF SCHEME: Dynamic Bond Fund Fund Manager Anil Bamboli (since February 16, 04) Total Experience: Over 23 years April 28, 1997 NAV (As on January 31, 2019) NAV per Unit (`) Regular Plan - Growth Option 59.3302 Regular Plan - Quarterly Dividend Option 11.6490 Regular Plan - Half-Yearly Dividend Option 11.2972 Regular Plan - Yearly Dividend Option 12.7402 Regular Plan - Normal Dividend Option 12.7102 Direct Plan - Growth Option 62.1014 Direct Plan - Quarterly Dividend Option 12.2316 Direct Plan - Half-Yearly Dividend Option 12.3378 Direct Plan - Yearly Dividend Option 13.3838 Direct Plan - Normal Dividend Option 13.0758 As on January 31, 2019 828.16 Average for Month of January, 2019 888.41 Average Maturity * 3.94 years Macaulay Duration * 3.09 years Modified Duration * 2.89 years Yield to Maturity * 9.30% * Computed on the invested amount. Regular: 1.85% Direct: 1.25% #BENCHMARK INDEX: CRISIL Composite Bond Fund Index ##addl. BENCHMARK INDEX: CRISIL 10 year Gilt Index In respect of each purchase / switch-in of Units, an of 0.50% is payable if Units are redeemed / switched-out within 6 months from the date of allotment. No is payable if Units are redeemed / switchedout after 6 months from the date of allotment. For further details, please refer to para on Pg 51. Regular Plan, Direct Plan. Under Each Plan: Growth, Normal Dividend, Quarterly Dividend, Half Yearly Dividend, & Yearly Dividend. All Dividend Options offer Payout and Reinvestment facility. Purchase : ` 5,000 and any amount thereafter. Purchase : ` 1,000 and any amount thereafter. Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years). income over medium to long term to generate income / capital appreciation by investing in a range of debt and money market instruments Investors understand that their principal will be at moderate risk Face Value per Unit: ` 10 unless otherwise specified, Data is as of January 31, 2019 unless otherwise specified. 40 January 2019 Issuer Rating % to NAV Debt & Debt Related Government Securities (Central/State) 8.21% Rajasthan (UDAY) SDL - Mat 310322 Sovereign 5.41 7.17 GOI 2028 Sovereign 5.32 8.39% Rajasthan SDL - Mat 150322 Sovereign 3.07 8.21% Haryana SDL - Mat 310322 Sovereign 3.05 8.08 GOI 2022 Sovereign 1.86 7.42% Maharashtra SDL - Mat 110522 Sovereign 1.56 8.68% Gujarat SDL - Mat 060223. Sovereign 0.62 8.51% Punjab SDL - Mat 100423 Sovereign 0.09 1.44 GOI 2023 Sovereign 0.09 8.26% Maharashtra SDL - ISD 120815 Mat 120825 Sovereign 0.07 8.19% Rajasthan SDL (UDAY - Strip IX ) - ISD 230616 Mat 230626 Sovereign @ Sub Total 21.14 Credit Exposure Power Finance Corporation Ltd. CARE - AAA 10.11 Union Bank of India CARE - AA- / IND - AA 9.83 Hazaribagh Ranchi Expressway Ltd. (NHAI Annuity) CARE - BB 6.65 Reliance Industries Ltd. CRISIL - AAA 6.09 State Bank of India CARE - AAA(SO) / CRISIL - AAA 6.08 Portfolio Classification By Asset Class G-Sec, SDL 21.14 Credit Exposure 69.37 Cash, Cash Equivalents and Net Current Assets 9.49 Performance ^ - Regular plan - Growth Option # Issuer Rating % to NAV Syndicate Bank CARE - A+ 4.15 Small Industries Development Bank CARE - AAA 3.46 LIC Housing Finance Ltd. CRISIL - AAA 3.37 Mahanagar Telephone Nigam Ltd. (Corporate guarantee from Govt of India) CARE - AAA(SO) 3.17 Vedanta Ltd. CRISIL - AA 2.95 Rural Electrification Corporation Ltd. IND - AAA 2.94 Reliance Jio Infocomm Ltd. CRISIL - AAA 2.92 Housing Development Finance Corporation Ltd. ICRA - AAA 2.88 Jamnagar Utilities & Power Pvt. Ltd. (erstwhile Reliance Utilities & Power Pvt. Ltd.) CRISIL - AAA 1.72 Punjab National Bank CARE - A+ 1.72 The Tata Power Company Ltd. CRISIL - AA- 0.63 Sikka Port and Terminal Ltd. (erstwhile Reliance Ports and Terminals Ltd.) CARE - AAA 0.62 NTPC Ltd. CRISIL - AAA 0.08 Sub Total 69.37 Total 90.51 Cash, Cash Equivalents and Net Current Assets 9.49 Top Ten Holdings, Co-sponsor, @ less than 0.01% Outstanding exposure in derivative instruments Interest Rate Swap (` in Crore) 40.00 Portfolio Classification By Rating Class ## Sovereign 21.14 AAA/AAA(SO)/A1+/A1+(SO) & Equivalent 43.44 AA/AA- 13.41 A+ & Below 12.52 Cash, Cash Equivalents and Net Current Assets 9.49 (`) # Jan 31, 18 Last 1 Year 2.13 6.42 7.16 10,213 10,642 10,716 Jan 29, 16 Last 3 Years 6.31 7.67 6.58 12,021 12,490 12,113 Jan 31, 14 Last 5 Years 7.86 9.10 8.10 14,600 15,461 14,764 Apr 28, 97 Since Inception 8.52 N.A. N.A. 59,330 N.A. N.A. greater than 1 year period are compounded annualized (CAGR). N.A. Not Available. Performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. For performance of other schemes managed by Anil Bamboli, please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 61.
HDFC Income Fund [An open ended medium term debt scheme investing in instruments such that the Macaulay Duration of the Portfolio is between 4 years and 7 years (Refer page 2 for definition of Macaulay Duration)] To generate income / capital appreciation through investments in debt and money market instruments. There is no assurance that the of the will be realized. CATEGORY OF SCHEME: Medium to Long Duration Fund Fund Manager Shobhit Mehrotra (since September 11, 07) Total Experience: Over 25 years September 11, 2000 NAV (As on January 31, 2019) NAV per Unit (`) Regular Plan - Growth Option 39.5318 Regular Plan - Quarterly Dividend Option 10.8493 Regular Plan - Normal Dividend Option 12.4655 Direct Plan - Growth Option 41.4360 Direct Plan - Quarterly Dividend Option 11.4378 Direct Plan - Normal Dividend Option 13.1036 As on January 31, 2019 811.91 Average for Month of January, 2019 836.06 Average Maturity * 4.66 years Macaulay Duration * 3.62 years Modified Duration * 3.40 years Yield to Maturity * 8.46% * Computed on the invested amount for debt portfolio. Regular: 2.15% Direct: 1.70% #BENCHMARK INDEX: CRISIL Composite Bond Fund Index ##addl. BENCHMARK INDEX: Crisil 10 year Gilt Index In respect of each purchase / switch-in of Units, an of 0.25% is payable if Units are redeemed / switched-out within 1 month from the date of allotment. No is payable if Units are redeemed / switchedout after 1 month from the date of allotment. For further details, please refer to para on Pg 51. Regular Plan, Direct Plan. Under Each Plan : Growth, Quarterly Dividend & Normal Dividend. Both Dividend Options offer Payout and Reinvestment facility. Purchase : ` 5,000 and any amount thereafter. Purchase : ` 1,000 and any amount thereafter. Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years). Issuer Rating % to NAV Debt & Debt Related Government Securities (Central/State) 7.17 GOI 2028 Sovereign 13.27 7.37 GOI 2023 Sovereign 2.48 7.95 GOI 2032 Sovereign 1.56 1.44 GOI 2023 Sovereign 0.73 7.5 GOI 2034 Sovereign 0.61 8.2 GOI 2025 Sovereign 0.41 9.15 GOI 2024 Sovereign @ Sub Total 19.06 Credit Exposure Punjab National Bank CARE - A+ 8.86 Power Finance Corporation Ltd. CARE - AAA / CRISIL - AAA 7.97 The Tata Power Company Ltd. CRISIL - AA- 7.01 NTPC Ltd. CRISIL - AAA 6.27 National Bank for Agriculture & Rural Development CRISIL - AAA 6.05 Portfolio Classification By Asset Class G-Sec 19.06 Credit Exposure 68.30 Cash, Cash Equivalents and Net Current Assets 12.64 Issuer Rating % to NAV Indian Railways Finance Corporation Ltd. CARE - AAA / CRISIL - AAA 5.97 Reliance Jio Infocomm Ltd. ICRA - AAA 5.95 State Bank of India CRISIL - AA+ 4.00 LIC Housing Finance Ltd. CARE - AAA / CRISIL - AAA 3.28 Tata Steel Ltd. CARE - AA- 3.20 Reliance Industries Ltd. CRISIL - AAA 3.11 Export - Import Bank of India CRISIL - AA+ 3.03 National Highways Authority of India CRISIL - AAA 3.01 Union Bank of India CARE - AA- 0.59 Sub Total 68.30 Total 87.36 Cash, Cash Equivalents and Net Current Assets 12.64 Top Ten Holdings, @ less than 0.01% Portfolio Classification By Rating Class Sovereign 19.06 AAA/AAA(SO)/A1+/A1+(SO) & Equivalent 41.61 AA+ 7.03 AA/AA- 10.80 A+ & Below 8.86 Cash, Cash Equivalents and Net Current Assets 12.64 income over medium to long term to generate income / capital appreciation through investments in debt and money market instruments Investors understand that their principal will be at moderate risk Performance ^ - Regular plan - Growth Option Face Value per Unit: ` 10 unless otherwise specified, Data is as of January 31, 2019 unless otherwise specified. # ## (`) # Jan 31, 18 Last 1 Year 4.36 6.42 7.16 10,436 10,642 10,716 Jan 29, 16 Last 3 Years 6.43 7.67 6.58 12,062 12,490 12,113 Jan 31, 14 Last 5 Years 7.85 9.10 8.10 14,597 15,461 14,764 Sep 11, 00 Since Inception 7.76 N.A. N.A. 39,532 N.A. N.A. greater than 1 year period are compounded annualized (CAGR). N.A. Not Available. performance may not strictly be comparable with that of its in view of hybrid nature of the scheme where a portion of scheme s investments are made in equity instruments. Performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. For performance of other schemes managed by Shobhit Mehrotra, please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 58. January 2019 41
HDFC Medium Term Debt Fund [An open ended medium term debt scheme investing in instruments such that the Macaulay Duration of the portfolio is between 3 years and 4 years (Refer page 2 for definition of Macaulay Duration)] To generate income / capital appreciation through investments in Debt and Money Market Instruments. There is no assurance that the of the will be realized. CATEGORY OF SCHEME: Medium Duration Fund Fund Manager Shobhit Mehrotra (since September 1, 07) Total Experience: Over 25 years February 6, 2002 NAV (As on January 31, 2019) NAV per Unit (`) Regular Plan - Growth Option 36.2085 Regular Plan - Dividend Option 13.7383 Regular Plan - Fortnightly Dividend Option 10.5887 Direct Plan - Growth Option 37.4819 Direct Plan - Dividend Option 14.0325 Direct Plan - Fortnightly Dividend Option 10.6224 As on January 31, 2019 1,097.56 Average for Month of January, 2019 1,100.08 Average Maturity * 2.68 years Macaulay Duration * 2.23 years Modified Duration * 2.05 years Yield to Maturity * 8.96% * Computed on the invested amount. Regular: 1.29% Direct: 0.49% #BENCHMARK INDEX: CRISIL Short Term Bond Fund Index ##addl. BENCHMARK INDEX: CRISIL 1 year T-Bill Index Nil Regular Plan, Direct Plan. Under both the Plans : Growth, Normal Dividend & Fortnightly Dividend. Both Dividend Options offer Payout and Reinvestment facility. Purchase : ` 5,000 and any amount thereafter. Purchase : ` 1,000 and any amount thereafter. Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years). income over medium term to generate income / capital appreciation through investments in Debt and Money Market Instruments 42 January 2019 Investors understand that their principal will be at moderate risk Issuer Rating % to NAV Debt & Debt Related Government Securities (Central/State) 7.17 GOI 2028 Sovereign 1.34 7.26 GOI 2029 Sovereign 0.91 7.35 GOI 2024 Sovereign 0.91 Sub Total 3.16 Credit Exposure Rural Electrification Corporation Ltd. CRISIL - AAA 8.95 HPCL-Mittal Energy Ltd. ICRA - AA+ 7.72 Power Finance Corporation Ltd. CRISIL - AAA 7.47 LIC Housing Finance Ltd. CARE - AAA / CRISIL - AAA 7.05 Indiabulls Housing Finance Ltd. BRICKWORKS - AAA / CRISIL - AAA 6.00 Jamnagar Utilities & Power Pvt. Ltd. (erstwhile Reliance Utilities & Power Pvt. Ltd.) CARE - AAA 5.66 Housing and Urban Development Corporation Ltd. ICRA - AAA 4.53 HDFC Bank Ltd. CARE - AA+ 4.48 Syndicate Bank CARE - A+ 4.03 Muthoot Finance Ltd. ICRA - AA 3.51 M&M Financial Services Ltd. IND - AAA 3.16 Reliable Devices Trust ICRA - AAA(SO) 2.34 National Bank for Agriculture & Rural Development CRISIL - AAA 2.28 Coastal Gujarat Power Ltd. (Corporate Guarantee of Tata Power) CARE - AA(SO) 2.27 Reliance Jio Infocomm Ltd. CRISIL - AAA 2.27 Union Bank of India CARE - AA- 2.20 Punjab National Bank CARE - A+ 2.16 JM Financial Asset Reconstruction Company Ltd. ICRA - AA- 1.85 Portfolio Classification by Asset Class G-Sec 3.16 Credit Exposure 88.44 Performance ^ - Regular plan - Growth Option Face Value per Unit: ` 10 unless otherwise specified, Data is as of January 31, 2019 unless otherwise specified. Cash, Cash Equivalents and Net Current Assets 8.40 # Issuer Rating % to NAV Talwandi Sabo Power Ltd (Corporate Guarantee of Vedanta Ltd.) CRISIL - AA(SO) 1.78 Sikka Port and Terminal Ltd. (erstwhile Reliance Ports and Terminals Ltd.) CARE - AAA 1.70 Mahanagar Telephone Nigam Ltd. (Corporate guarantee from Govt of India) CRISIL - AAA(SO) 0.93 Andhra Bank CARE - A+ 0.91 Vedanta Ltd. CRISIL - AA 0.89 Aarish Solar Power Private Ltd. (Greenko) CARE - AA-(SO) 0.43 Aashman Energy Private Ltd. (Greenko) CARE - AA-(SO) 0.43 Divyesh Power Private Ltd. (Greenko) CARE - AA-(SO) 0.43 Elena Renewable Energy Private Ltd.(Greenko) CARE - AA-(SO) 0.43 Pratyash Renewable Private Ltd. (Greenko) CARE - AA-(SO) 0.43 SEI Baskara Power Private Ltd. (Greenko) CARE - AA-(SO) 0.43 SEI Enerstar Renewable Energy Pvt Ltd (Greenko) CARE - AA-(SO) 0.43 SEI Mihir Energy Private Ltd. (Greenko) CARE - AA-(SO) 0.43 Shreyas Renewable Energy Private Ltd. (Greenko) CARE - AA-(SO) 0.43 Zuvan Energy Private Ltd. (Greenko) CARE - AA-(SO) 0.43 Sub Total 88.44 Total 91.60 Cash, Cash Equivalents and Net Current Assets 8.40 Top Ten Holdings Portfolio Classification by Rating Class ## Sovereign 3.16 AAA/AAA(SO)/A1+/A1+(SO) & Equivalent 52.34 AA+ 12.20 AA/AA- 16.80 A+ & Below 7.10 Cash, Cash Equivalents and Net Current Assets 8.40 (`) # Jan 31, 18 Last 1 Year 5.92 7.10 7.22 10,592 10,710 10,722 Jan 29, 16 Last 3 Years 7.54 7.53 6.73 12,445 12,441 12,166 Jan 31, 14 Last 5 Years 8.21 8.30 7.38 14,838 14,902 14,282 Feb 06, 02 Since Inception 7.87 N.A. 6.04 36,209 N.A. 27,094 greater than 1 year period are compounded annualized (CAGR). N.A. Not Available. Performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. For performance of other schemes managed by Shobhit Mehrotra, please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 58.
HDFC Short Term Debt Fund [An open ended short term debt scheme investing in instruments such that the Macaulay Duration of the portfolio is between 1 year and 3 years (Refer page 2 for definition of Macaulay Duration)] To generate income / capital appreciation through investments in Debt and Money Market Instruments. There is no assurance that the of the will be realized. CATEGORY OF SCHEME: Short Duration Fund Fund Manager Anil Bamboli (since June 25, 10) Total Experience: Over 23 years June 25, 2010 NAV (As on January 31, 2019) NAV per Unit (`) Regular Plan - Growth Option 20.2825 Regular Plan - Fortnightly Dividend Option 10.2291 Regular Plan - Normal Dividend Option 13.6373 Direct Plan - Growth Option 20.4658 Direct Plan - Fortnightly Dividend Option 10.2893 Direct Plan - Normal Dividend Option 13.6816 As on January 31, 2019 8,129.55 Average for Month of January, 2019 8,826.08 Average Maturity * 1.38 years Macaulay Duration * 1.25 years Modified Duration * 1.15 years Yield to Maturity * 8.67% * Computed on the invested amount. Regular: 0.40% Direct: 0.25% #BENCHMARK INDEX: CRISIL Short Term Bond Fund Index ##addl. BENCHMARK INDEX: CRISIL 1 year T-Bill Index Issuer Rating % to NAV Debt & Debt Related Government Securities (Central/State) 8.39% Rajasthan SDL - Mat 150320 Sovereign 0.05 Sub Total 0.05 Credit Exposure Power Finance Corporation Ltd. CARE - AAA / CRISIL - AAA 11.60 Housing Development Finance Corporation Ltd. CRISIL - AAA / ICRA - AAA 9.01 Rural Electrification Corporation Ltd. CRISIL - AAA / IND - AAA 8.01 ONGC Petro additions Ltd. (OPAL) (Put on ONGC Ltd.) CRISIL - AAA(SO) 6.83 LIC Housing Finance Ltd. CARE - AAA / CRISIL - AAA 6.42 Indiabulls Housing Finance Ltd. BRICKWORKS - AAA 5.56 Reliance Jio Infocomm Ltd. CRISIL - AAA / CRISIL - AAA(SO) / ICRA - AAA 5.09 National Bank for Agriculture & Rural Development CRISIL - AAA / IND - AAA 3.60 M&M Financial Services Ltd. CARE - AAA / IND - AAA 3.44 Tata Capital Financial Services Ltd ICRA - AAA 3.35 Reliance Industries Ltd. CRISIL - AAA / ICRA - AAA 3.34 Tata Sons Ltd. CRISIL - AAA 3.19 Housing and Urban Development Corporation Ltd. ICRA - AAA / IND - AAA 3.07 Reliable Devices Trust ICRA - AAA(SO) 2.20 Sansar Trust Nov 2018 ICRA - AAA(SO) 1.68 Vedanta Ltd. CRISIL - AA 1.39 Small Industries Development Bank of India CARE - AAA 1.33 Bajaj Finance Ltd. CRISIL - AAA / IND - AAA 1.22 Cholamandalam Investment & Finance ICRA - AA+ 1.22 Tata Motors Ltd. CARE - AA+ 1.10 Issuer Rating % to NAV Aditya Birla Finance Ltd. ICRA - AAA / IND - AAA 0.68 Fullerton India Home Finance Company Ltd. CARE - AA+ 0.62 HDB Financial Services Ltd. CRISIL - AAA 0.61 L&T Finance Ltd. CARE - AAA 0.61 National Highways Authority of India CARE - AAA 0.61 Talwandi Sabo Power Ltd (Corporate Guarantee of Vedanta Ltd.) CRISIL - AA(SO) 0.61 Hindalco Industries Ltd. CRISIL - AA 0.56 Hazaribagh Ranchi Expressway Ltd. (NHAI Annuity) CARE - BB 0.45 CanFin Homes Ltd. CARE - AAA 0.42 Indian Railways Finance Corp. Ltd. ICRA - AAA 0.30 Toyota Financial Services India Ltd. CRISIL - AAA 0.30 NHPC Ltd. ICRA - AAA 0.24 NTPC Ltd. CRISIL - AAA 0.18 Power Grid Corporation of India Ltd. CRISIL - AAA 0.05 Sub Total 88.89 Total 88.94 MONEY MARKET INSTRUMENTS CD/CP Steel Authority Of India Ltd. CARE - A1+ 2.46 Vijaya Bank CRISIL - A1+ 2.46 Sub Total 4.92 Cash, Cash Equivalents and Net Current Assets 6.14 Top Ten Holdings, Co-sponsor Nil Regular Plan, Direct Plan. Under Each Plan: Growth, Fortnightly Dividend & Normal Dividend. Both Dividend options offer Payout and Reinvestment facilities. Purchase : ` 5,000 and any amount thereafter. Purchase : ` 1,000 and any amount thereafter. Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years). income over short term. to generate income / capital appreciation through investments in Debt and Money Market Instruments Investors understand that their principal will be at moderately low risk Portfolio Classification by Asset Class G-Sec, SDL 0.05 CP 2.46 CD 2.46 Credit Exposure 88.89 Cash, Cash Equivalents and Net Current Assets 6.14 Performance ^ - Regular plan - Growth Option # ## (`) # Jan 31, 18 Last 1 Year 7.19 7.10 7.22 10,719 10,710 10,722 Jan 29, 16 Last 3 Years 7.62 7.53 6.73 12,471 12,441 12,166 Jan 31, 14 Last 5 Years 8.38 8.30 7.38 14,955 14,902 14,282 Jun 25, 10 Since Inception 8.56 8.09 6.90 20,283 19,531 17,765 greater than 1 year period are compounded annualized (CAGR). Performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. For performance of other schemes managed by Anil Bamboli, please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 61. Face Value per Unit: ` 10 unless otherwise specified, CD - Certificate of Deposit; CP - Commercial Papers. Data is as of January 31, 2019 unless otherwise specified. Portfolio Classification by Rating Class Sovereign 0.05 AAA/AAA(SO)/A1+/A1+(SO) & Equivalent 87.86 AA+ 2.94 AA/AA- 2.56 A+ & Below 0.45 Cash, Cash Equivalents and Net Current Assets 6.14 January 2019 43
HDFC Low Duration Fund [An open ended low duration debt scheme investing in instruments such that the Macaulay Duration of the portfolio is between 6 months and 12 months (Refer page 2 for definition of Macaulay Duration)] To generate income / capital appreciation through investment in debt securities and money market instruments. There is no assurance that the of the will be realized. CATEGORY OF SCHEME: Low Duration Fund Fund Manager Anupam Joshi (since October 27, 15) Total Experience: Over 12 years November 18, 1999 NAV (As on January 31, 2019)^^ NAV per Unit (`) Retail Option Regular Plan - Growth Option 38.5843 Regular Plan - Daily Dividend Reinvestment Option 10.1428 Regular Plan - Weekly Dividend Option 10.1637 Regular Plan - Monthly Dividend Option 10.1456 Direct Plan - Growth Option 40.2575 Direct Plan - Daily Dividend Reinvestment Option 10.0655 Direct Plan - Weekly Dividend Option 10.1936 Direct Plan - Monthly Dividend Option 10.1486 Wholesale Option Regular Plan - Growth Option 40.9408 Regular Plan - Daily Dividend Reinvestment Option 10.1574 Regular Plan - Weekly Dividend Option 10.1655 Regular Plan - Monthly Dividend Option 10.1661 As on January 31, 2019 9,604.27 Average for Month of January, 2019 9,468.00 Average Maturity * 303 days Macaulay Duration * 281 days Modified Duration * 252 days Yield to Maturity * 8.21% * Computed on the invested amount. Regular: 1.02% Direct: 0.42% #BENCHMARK INDEX: CRISIL Liquid Fund Index ##addl. BENCHMARK INDEX: CRISIL 1 year T-Bill Index Nil Regular Plan, Direct Plan. Retail Option: Each Plan offers Growth and Dividend Option. Dividend Option offers Daily Dividend Option with Reinvestment facility only and Weekly and Monthly Dividend Option with Payout and Reinvestment facility. Retail Option : Growth, Weekly and Monthly Dividend Option: Purchase : ` 5,000 and any amount thereafter. Purchase : ` 1,000 and any amount thereafter. Daily Dividend Option : Purchase : ` 10,000 and any amount thereafter. Purchase : ` 5,000 and any amount thereafter. Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years). ^^ Calculated on all calendar days. income over short term. to generate income / capital appreciation through investment in debt securities and money market instruments 44 January 2019 Investors understand that their principal will be at moderately low risk Issuer Rating % to NAV Debt & Debt Related Government Securities (Central/State) 7.86% Rajasthan SDL (UDAY - Strip II ) - ISD 230616 Mat 230619 Sovereign 0.78 7.17 GOI 2028 Sovereign 0.51 7.65% Karnataka SDL - Mat 061227 Sovereign 0.10 6.17 GOI 2023 Sovereign 0.05 6.84 GOI 2022 Sovereign 0.01 6.79 GOI 2027 Sovereign @ Sub Total 1.45 Credit Exposure Power Finance Corporation Ltd. CRISIL - AAA 6.64 National Bank for Agriculture & Rural Development CRISIL - AAA / IND - AAA 6.50 ONGC Petro additions Ltd. (OPAL) (Put on ONGC Ltd.) CRISIL - AAA(SO) 5.99 National Housing Bank CARE - AAA 5.21 Housing Development Finance Corporation Ltd. CRISIL - AAA 4.46 Power Grid Corporation of India Ltd. CARE - AAA / CRISIL - AAA 3.73 Nuvoco Vistas Corporation Ltd. (100% subsidiary of Nirma Ltd. & erstwhile Lafarge India Ltd.) CRISIL - AA 3.01 Tata Capital Financial Services Ltd. CRISIL - AAA / ICRA - AAA 2.85 Indian Railways Finance Corporation Ltd. CARE - AAA / CRISIL - AAA 2.81 Reliance Jio Infocomm Ltd. CRISIL - AAA 2.39 Union Bank of India CARE - AA- 2.16 ONGC Mangalore Petrochemicals Ltd IND - AAA 2.07 Reliable Devices Trust ICRA - AAA(SO) 1.94 Petronet Lng Ltd. CRISIL - AAA 1.83 Syndicate Bank CARE - A+ 1.79 Small Industries Development Bank of India CARE - AAA 1.77 Canara Bank CRISIL - AA 1.76 L&T Finance Ltd. CARE - AAA 1.56 State Bank of India CRISIL - AA+ 1.55 Punjab National Bank CARE - A+ 1.48 M&M Financial Services Ltd. IND - AAA 1.26 Housing and Urban Development Corporation Ltd. ICRA - AAA 1.04 Shriram Transport Finance Company Ltd. IND - AA+ 1.02 Axis Bank Ltd. CRISIL - AA+ 1.01 Adani Transmission Ltd. IND - AA+ 0.93 Raviraj Viniyog Pvt. Ltd. (Secured with shares of Emami Ltd.) BRICKWORKS - AA-(SO) 0.92 KKR India Financial Services Pvt Ltd. CRISIL - AA+ 0.86 Vedanta Ltd. CRISIL - AA 0.82 ICICI Home Finance Ltd ICRA - AAA 0.78 Portfolio Classification by Asset Class G-Sec, SDL 1.45 CP 11.57 CD 6.86 Credit Exposure 74.64 Cash, Cash Equivalents and Net Current Assets 5.48 Performance ^ - Regular plan - Growth Option # ## (`) # Jan 31, 18 Last 1 Year 6.78 7.68 7.22 10,678 10,768 10,722 Jan 29, 16 Last 3 Years 7.23 7.27 6.73 12,338 12,351 12,166 Jan 31, 14 Last 5 Years 7.52 7.81 7.38 14,374 14,571 14,282 Nov 18, 99 Since Inception 7.28 N.A. 6.48 38,584 N.A. 33,449 greater than 1 year period are compounded annualized (CAGR). N.A. Not Available. Performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. For performance of other schemes managed by Anupam Joshi, please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 60. Face Value per Unit: ` 10 unless otherwise specified, CD - Certificate of Deposit; CP - Commercial Papers. Data is as of January 31, 2019 unless otherwise specified. Issuer Rating % to NAV Kotak Mahindra Prime Ltd. CRISIL - AAA 0.62 Rural Electrification Corporation Ltd. CRISIL - AAA 0.60 Emami Infrastructure Ltd. (Secured with shares of Emami Ltd.) BRICKWORKS - AA-(SO) 0.56 NRSS XXIX Transmission Ltd. CRISIL - AAA 0.52 Export - Import Bank of India CRISIL - AAA 0.51 Sun Pharma Laboratories Ltd. ICRA - AAA 0.43 Tata Motors Ltd. CARE - AA+ 0.26 LIC Housing Finance Ltd. CRISIL - AAA 0.21 HDB Financial Services Ltd. CRISIL - AAA 0.16 NTPC Ltd. CRISIL - AAA 0.09 Aarish Solar Power Private Ltd. (Greenko) CARE - AA-(SO) 0.05 Aashman Energy Private Ltd. (Greenko) CARE - AA-(SO) 0.05 Divyesh Power Private Ltd. (Greenko) CARE - AA-(SO) 0.05 Elena Renewable Energy Private Ltd.(Greenko) CARE - AA-(SO) 0.05 Pratyash Renewable Private Ltd. (Greenko) CARE - AA-(SO) 0.05 SEI Baskara Power Private Ltd. (Greenko) CARE - AA-(SO) 0.05 SEI Enerstar Renewable Energy Pvt Ltd (Greenko) CARE - AA-(SO) 0.05 SEI Mihir Energy Private Ltd. (Greenko) CARE - AA-(SO) 0.05 Shreyas Renewable Energy Private Ltd. (Greenko) CARE - AA-(SO) 0.05 Zuvan Energy Private Ltd. (Greenko) CARE - AA-(SO) 0.05 Bajaj Finance Ltd. CRISIL - AAA 0.04 Sub Total 74.64 Total 76.09 Money Market Instruments CD/CP Indiabulls Housing Finance Ltd. CRISIL - A1+ 5.16 Indusind Bank Ltd. CRISIL - A1+ 4.97 PNB Housing Finance Ltd. CARE - A1+ 4.04 Deutsche Investments India Pvt. Ltd. CRISIL - A1+ 1.36 Axis Bank Ltd. CRISIL - A1+ 1.01 L&T Finance Ltd. CARE - A1+ 0.76 IDFC First Bank Ltd. CRISIL - A1+ 0.72 Tata Capital Financial Services Ltd ICRA - A1+ 0.25 ICICI Bank Ltd. ICRA - A1+ 0.16 Sub Total 18.43 Cash, Cash Equivalents and Net Current Assets 5.48 Top Ten Holdings, Co-sponsor, @ less than 0.01% Outstanding exposure in derivative instruments Interest Rate Swap (` in Crore) 100.00 Portfolio Classification by Rating Class Sovereign 1.45 AAA/AAA(SO)/A1+/A1+(SO) & Equivalent 74.44 AA+ 5.63 AA/AA- 9.73 A+ & Below 3.27 Cash, Cash Equivalents and Net Current Assets 5.48
HDFC Money Market Fund (An open ended debt scheme investing in money market instruments) To generate income / capital appreciation by investing in money market instruments. There is no assurance that the of the will be realized. CATEGORY OF SCHEME: Money Market Fund Fund Manager Anil Bamboli (since July 25, 12) Total Experience: Over 23 years November 18, 1999 NAV (As on January 31, 2019) NAV per Unit (`) Regular Plan - Growth Option 3,826.7579 Regular Plan - Daily Dividend Reinvestment Option 1,063.6400 Regular Plan - Weekly Dividend Option 1,063.8162 Direct Plan - Growth Option 3,859.7657 Direct Plan - Daily Dividend Reinvestment Option 1,063.6400 Direct Plan - Weekly Dividend Option 1,063.8509 As on January 31, 2019 4,229.15 Average for Month of January, 2019 4,294.46 Average Maturity * 127 days Macaulay Duration * 127 days Modified Duration * 117 days Yield to Maturity * 7.52% * Computed on the invested amount. Regular: 0.35% Direct: 0.15% #BENCHMARK INDEX: CRISIL Liquid Fund Index ##addl. BENCHMARK INDEX: CRISIL 1 year T-Bill Index Nil Regular Plan, Direct Plan. Each Plan offers Growth and Daily Dividend Option (with Reinvestment facility only). Weekly Dividend Option (with Payout and Reinvestment facility). Purchase : Under Growth Option and Weekly Dividend Option : ` 5,000 and any amount thereafter. Under Daily Dividend Option : ` 10,000 and any amount thereafter Purchase : Under Growth Option and Weekly Dividend Option : ` 1,000 and any amount thereafter. Under Daily Dividend Option : ` 5,000 and any amount thereafter Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years). Issuer Rating % to NAV Debt & Debt Related Money Market Instruments CD/CP NTPC Ltd. CARE - A1+ 8.23 LIC Housing Finance Ltd. ICRA - A1+ 7.88 Axis Bank Ltd. CRISIL - A1+ 7.61 ICICI Bank Ltd. CRISIL - A1+ / ICRA - A1+ 7.26 Reliance Industries Ltd. CRISIL - A1+ / ICRA - A1+ 5.58 Indusind Bank Ltd. CRISIL - A1+ 5.05 IDFC First Bank Ltd. CRISIL - A1+ 4.94 Tata Capital Financial Services Ltd. ICRA - A1+ 4.61 Small Industries Development Bank of India CARE - A1+ / ICRA - A1+ 4.47 Rural Electrification Corporation Ltd. CARE - A1+ 4.12 Reliance Jio Infocomm Ltd. CARE - A1+ / CRISIL - A1+ 3.66 L&T Finance Ltd. CARE - A1+ 3.00 Deutsche Investments India Pvt Ltd. CRISIL - A1+ 2.97 JSW Steel Ltd. ICRA - A1+ 2.87 UPL Ltd. CRISIL - A1+ 2.36 Portfolio Classification by Asset Class CP 64.35 CD 33.49 Cash, Cash Equivalents and Net Current Assets 2.16 Issuer Rating % to NAV L&T Infrastructure Finance Ltd. CRISIL - A1+ 2.35 Shriram Housing Finance Ltd. CARE - A1+ 2.34 TATA Housing Development Company Ltd. IND - A1+ 2.34 CanFin Homes Ltd. CARE - A1+ 2.31 Hero Fincorp Ltd. ICRA - A1+ 2.31 L&T Finance Holdings Ltd. CARE - A1+ 2.30 SCB Inv & Loan (I) Ltd CRISIL - A1+ 2.30 National Bank for Agriculture & Rural Development IND - A1+ 2.19 PNB Housing Finance Ltd. CRISIL - A1+ 2.11 Kotak Mahindra Bank Ltd. CRISIL - A1+ 1.40 Housing and Urban Development Corporation Ltd. IND - A1+ 0.59 Hongkong & Shanghai Bank Ltd. IND - A1+ 0.57 Vedanta Ltd. CRISIL - A1+ 0.12 Sub Total 97.84 Cash, Cash Equivalents and Net Current Assets 2.16 Top Ten Holdings, @ Less than 0.01% Portfolio Classification by Rating Class AAA/AAA(SO)/A1+/A1+(SO) & Equivalent 97.84 Cash, Cash Equivalents and Net Current Assets 2.16 income over short term to generate income / capital appreciation by investing in money market instruments Investors understand that their principal will be at moderately low risk Performance ^ - Regular plan - Growth Option $$ # ## (`) # Jan 31, 18 Last 1 Year 7.52 7.68 7.22 10,752 10,768 10,722 Jan 31, 16 Last 3 Years 7.11 7.27 6.73 12,291 12,346 12,161 Jan 31, 14 Last 5 Years 7.71 7.81 7.38 14,497 14,571 14,282 Nov 18, 99 Since Inception 7.25 N.A. 6.48 38,399 N.A. 33,449 greater than 1 year period are compounded annualized (CAGR). N.A. Not Available. $$ All dividends declared prior to the splitting of the into Dividend & Growth Options are assumed to be reinvested in the units of the at the then prevailing NAV (exdividend NAV). Performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. For performance of other schemes managed by Anil Bamboli, please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 62. Face Value per Unit: ` 1,000, CD - Certificate of Deposit; CP - Commercial Papers. Data is as of January 31, 2019 unless otherwise specified. January 2019 45
HDFC Floating Rate Debt Fund [An open ended debt scheme predominantly investing in floating rate instruments (including fixed rate instruments converted to floating rate exposures using swaps / derivatives)] To generate income/capital appreciation through investment in a portfolio comprising substantially of floating rate debt, fixed rate debt instruments swapped for floating rate returns and money market instruments. There is no assurance that the of the will be realized. CATEGORY OF SCHEME: Floater Fund Fund Manager Shobhit Mehrotra (since October 23, 2007) Total Experience: Over 25 years October 23, 2007 NAV (As on January 31, 2019) NAV per Unit (`) Retail Option Regular Plan - Growth Option 31.0139 Regular Plan - Daily Dividend Reinvestment Option 10.0809 Regular Plan - Weekly Dividend Option 10.1411 Regular Plan - Monthly Dividend Option 10.1497 Wholesale Option Regular Plan - Growth Option 32.0422 Regular Plan - Daily Dividend Reinvestment Option 10.0809 Regular Plan - Weekly Dividend Option 10.1412 Regular Plan - Monthly Dividend Option 10.1499 Direct Plan - Growth Option 32.2323 Direct Plan - Daily Dividend Reinvestment Option 10.0809 Direct Plan - Weekly Dividend Option 10.1413 Direct Plan - Monthly Dividend Option 10.1500 As on January 31, 2019 8,281.65 Average for Month of January, 2019 8,530.78 Average Maturity * 293 days Macaulay Duration * 277 days Modified Duration * 252 days Yield to Maturity * 8.34% * Computed on the invested amount. Regular: 0.38% Direct: 0.23% #BENCHMARK INDEX: Crisil Liquid Fund Index ##addl. BENCHMARK INDEX: CRISIL 1 year T-Bill Index Nil Regular Plan, Direct Plan. Under both the Plans: Growth & Dividend Option. The Dividend Option offers Daily Dividend Option (with Reinvestment facility only) and Weekly and Monthly Dividend Option (with Payout and Reinvestment facility). Purchase : ` 5,000 and any amount thereafter. Purchase : ` 1 and any amount thereafter. Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years). income over short term to generate income / capital appreciation through investment in a portfolio comprising substantially of floating rate debt, fixed rate debt instruments swapped for floating rate returns and money market instruments 46 January 2019 Issuer Rating % to NAV Debt & Debt Related Government Securities (Central/State) 7.17 GOI 2028 Sovereign 0.59 8.21% Rajasthan (UDAY) SDL - Mat 310319 Sovereign 0.42 7.86% Rajasthan SDL (UDAY - Strip II ) - ISD 230616 Mat 230619 Sovereign 0.30 6.17 GOI 2023 Sovereign 0.29 7.65% Karnataka SDL - Mat 061227 Sovereign 0.23 9.23% Gujarat SDL - Mat 300322 Sovereign 0.06 7.69% Gujarat SDL - Mat 201227 Sovereign 0.01 Sub Total 1.90 Credit Exposure ONGC Petro additions Ltd. (OPAL) (Put on ONGC Ltd.) CRISIL - AAA(SO) 8.33 Shriram City Union Finance Ltd. CARE - AA+ 6.01 Power Finance Corporation Ltd. CRISIL - AAA 5.59 Shriram Transport Finance Company Ltd. IND - AA+ 4.80 National Bank for Agriculture & Rural Development CRISIL - AAA / IND - AAA 4.60 National Housing Bank CARE - AAA 4.23 Housing Development Finance Corporation Ltd. CRISIL - AAA 3.33 Union Bank of India CARE - AA- 3.32 Syndicate Bank CARE - A+ 3.08 Reliable Devices Trust ICRA - AAA(SO) 2.17 Indiabulls Housing Finance Ltd. BRICKWORKS - AAA / CARE - AAA 1.98 Housing and Urban Development Corporation Ltd. ICRA - AAA / IND - AAA 1.83 Adani Transmission Ltd. IND - AA+ 1.80 JM Financial Credit Solutions Ltd. ICRA - AA 1.78 Power Grid Corporation of India Ltd. CRISIL - AAA 1.67 State Bank of India CARE - AA+ / CRISIL - AA+ 1.36 Tata Motors Ltd. CARE - AA / CARE - AA+ 1.32 Indian Railways Finance Corporation Ltd. CARE - AAA / CRISIL - AAA 1.20 Portfolio Classification by Asset Class G-Sec, SDL 1.90 CP 11.04 CD 16.17 Credit Exposure 66.81 Cash, Cash Equivalents and Net Current Assets 4.08 Performance ^ - Regular plan - Growth Option # Issuer Rating % to NAV Canara Bank CRISIL - AA 1.17 HPCL-Mittal Energy Ltd. ICRA - AA+ 0.98 NRSS XXIX Transmission Ltd. CRISIL - AAA 0.91 Axis Bank Ltd. CRISIL - AA+ 0.88 Gujarat Road and Infrastructure Company Ltd. CARE - AAA(SO) 0.75 M&M Financial Services Ltd. IND - AAA 0.66 The Tata Power Company Ltd. ICRA - AA- 0.61 Bharti Airtel Ltd. CRISIL - AA 0.60 Sun Pharma Laboratories Ltd. ICRA - AAA 0.60 LIC Housing Finance Ltd. CRISIL - AAA 0.48 Reliance Jio Infocomm Ltd. CRISIL - AAA 0.30 Tata Capital Financial Services Ltd. CRISIL - AAA 0.30 Cholamandalam Investment & Finance ICRA - AA+ 0.12 Tata Sons Ltd. CRISIL - AAA 0.05 Sub Total 66.81 Total 68.71 Money Market Instruments CD/CP Indiabulls Housing Finance Ltd. CRISIL - A1+ 7.17 ICICI Bank Ltd. ICRA - A1+ 5.66 Indusind Bank Ltd. CRISIL - A1+ 4.87 Axis Bank Ltd. CRISIL - A1+ 2.94 Au Small Finance Bank Ltd. CRISIL - A1+ 2.70 JSW Steel Ltd. ICRA - A1+ 2.52 LIC Housing Finance Ltd. ICRA - A1+ 1.13 Deutsche Investments India Pvt Ltd. CRISIL - A1+ 0.18 Reliance Industries Ltd. ICRA - A1+ 0.04 Sub Total 27.21 Cash, Cash Equivalents and Net Current Assets 4.08 Top Ten Holdings, Co-sponsor Outstanding exposure in derivative instruments Interest Rate Swap (` in Crore) 4,225.00 Portfolio Classification by Rating Class ## Sovereign 1.90 AAA/AAA(SO)/A1+/A1+(SO) & Equivalent 66.19 AA+ 17.15 AA/AA- 7.60 A+ & Below 3.08 Cash, Cash Equivalents and Net Current Assets 4.08 (`) # Jan 31, 18 Last 1 Year 7.45 7.68 7.22 10,745 10,768 10,722 Jan 29, 16 Last 3 Years 7.72 7.27 6.73 12,508 12,351 12,166 Jan 31, 14 Last 5 Years 8.25 7.81 7.38 14,865 14,571 14,282 Oct 23, 07 Since Inception 8.19 7.54 6.47 24,307 22,711 20,281 greater than 1 year period are compounded annualized (CAGR). Since Inception returns are calculated on ` 13.1821 (allotment Investors understand that their principal will be price). Performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. For performance at moderately low risk of other schemes managed by Shobhit Mehrotra, please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 58. Face Value per Unit: ` 10 unless otherwise specified, CD - Certificate of Deposit; CP - Commercial Papers. Data is as of January 31, 2019 unless otherwise specified.
HDFC Ultra Short Term Fund [An open ended ultra-short term debt scheme investing in instruments such that the Macaulay Duration of the portfolio is between 3 months and 6 months (Refer page 2 for definition of Macaulay Duration)] To generate income / capital appreciation through investment in debt securities and money market instruments. There is no assurance that the of the will be realized. CATEGORY OF SCHEME: Ultra Short Duration Fund Fund Manager Anil Bamboli (since September 25, 18) Total Experience: Over 23 years September 25, 2018 NAV (As on January 31, 2019) NAV per Unit (`) Regular Plan - Growth Option 10.3123 Regular Plan - Daily Dividend Reinvestment Option 10.0500 Regular Plan - Weekly Dividend Option 10.0563 Regular Plan - Monthly Dividend Option 10.0563 Direct Plan - Growth Option 10.3245 Direct Plan - Daily Dividend Reinvestment Option 10.0500 Direct Plan - Weekly Dividend Option 10.0565 Direct Plan - Monthly Dividend Option 10.0565 As on January 31, 2019 2,454.95 Average for Month of January, 2019 2,429.97 Average Maturity * 145 days Macaulay Duration * 142 days Modified Duration * 124 days Yield to Maturity * 7.78% * Computed on the invested amount. Regular: 0.60% Direct: 0.30% #BENCHMARK INDEX: CRISIL Ultra Short Term Debt Index ##addl. BENCHMARK INDEX: CRISIL 1 year T-Bill Index Nil Regular Plan, Direct Plan. Under both the Plans: Growth & Dividend Option. The Dividend Option offers Daily Dividend Option (with Reinvestment facility only) and Weekly and Monthly Dividend Option (with Payout and Reinvestment facility). Purchase : ` 5,000 and any amount thereafter. Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years). income over short term income/capital appreciation through investment in debt securities and money market instruments Issuer Rating % to NAV Debt & Debt Related Credit Exposure National Bank for Agriculture & Rural Development CRISIL - AAA 8.15 Power Finance Corporation Ltd. CRISIL - AAA 7.13 National Housing Bank CARE - AAA 6.11 ONGC Petro additions Ltd. (OPAL) (Put on ONGC Ltd.) CRISIL - AAA(SO) 6.11 Reliance Jio Infocomm Ltd. CRISIL - AAA 6.11 Housing Development Finance Corporation Ltd. CRISIL - AAA 5.09 Indian Railways Finance Corporation Ltd. CARE - AAA 4.08 M&M Financial Services Ltd. IND - AAA 4.06 Cholamandalam Investment & Finance ICRA - AA+ 3.67 Adani Transmission Ltd. IND - AA+ 3.06 Tata Capital Financial Services Ltd CRISIL - AAA 3.05 Reliable Devices Trust ICRA - AAA(SO) 2.48 Sundaram BNP Paribas Home Finance Ltd. ICRA - AA+ 2.03 Kotak Mahindra Prime Ltd. CRISIL - AAA 1.63 LIC Housing Finance Ltd. CRISIL - AAA 1.63 Bajaj Finance Ltd. IND - AAA 1.02 Portfolio Classification by Asset Class CP 13.41 CD 7.09 Credit Exposure 69.07 Cash, Cash Equivalents and Net Current Assets 10.43 Issuer Rating % to NAV Volkswagen Finance Private Ltd. IND - AAA 1.01 Power Grid Corporation of India Ltd CRISIL - AAA 0.82 Housing and Urban Development Corporation Ltd. CARE - AAA 0.61 NTPC Ltd. CRISIL - AAA 0.61 Rural Electrification Corporation Ltd. CRISIL - AAA 0.61 Sub Total 69.07 Money Market Instruments CD/CP Indusind Bank Ltd. CRISIL - A1+ 5.11 CanFin Homes Ltd. CARE - A1+ 3.99 L&T Finance Ltd. CARE - A1+ 3.77 JSW Steel Ltd. ICRA - A1+ 2.96 Axis Bank Ltd. CRISIL - A1+ 1.98 LIC Housing Finance Ltd. ICRA - A1+ 1.90 Deutsche Investments India Pvt Ltd. CRISIL - A1+ 0.79 Sub Total 20.50 Cash, Cash Equivalents and Net Current Assets 10.43 Top Ten Holdings, Co-sponsor Portfolio Classification by Rating Class AAA/AAA(SO)/A1+/A1+(SO) & Equivalent 80.81 AA+ 8.76 Cash, Cash Equivalents and Net Current Assets 10.43 Investors understand that their principal will be at moderately low risk Face Value per Unit: ` 10 unless otherwise specified, CD - Certificate of Deposit; CP - Commercial Papers. Data is as of January 31, 2019 unless otherwise specified. January 2019 47
HDFC Liquid Fund (An open ended liquid scheme) To generate income through a portfolio comprising money market and debt instruments. There is no assurance that the of the will be realized. CATEGORY OF SCHEME: Liquid Fund Fund Manager Anupam Joshi (since October 27, 15) Total Experience: Over 12 years October 17, 2000 NAV (As on January 31, 2019)^^ NAV per Unit (`) HDFC Liquid Fund Regular Plan - Growth Option 3,618.0521 Regular Plan - Daily Dividend Reinvestment Option 1,019.8200 Regular Plan - Weekly Dividend Option 1,031.6171 Regular Plan - Monthly Dividend Option 1,026.8848 Direct Plan - Growth Option 3,635.2408 Direct Plan - Daily Dividend Reinvestment Option 1,019.8200 Direct Plan - Weekly Dividend Option 1,031.6251 Direct Plan - Monthly Dividend Option 1,026.8932 HDFC Liquid Fund - Premium Plan Regular Plan - Growth Option 3,691.9930 Regular Plan - Daily Dividend Reinvestment Option 1,225.9800 As on January 31, 2019 78,019.71 Average for Month of January, 2019 81,301.26 Average Maturity * 39 days Macaulay Duration * 40 days Modified Duration * 33 days Yield to Maturity * 7.10% * Computed on the invested amount. Regular: 0.25% Direct: 0.15% #BENCHMARK INDEX: Crisil Liquid Fund Index ##addl. BENCHMARK INDEX: CRISIL 1 year T-Bill Index Nil Regular Plan, Direct Plan. Under both the Plans: Growth & Dividend Option. The Dividend Option offers Daily Dividend Option (Reinvestment facility only) and Weekly and Monthly Dividend Option (with Payout and Reinvestment facility). Purchase : Under Growth Option, Weekly Dividend Option and Monthly Dividend Option: ` 5,000 and any amount thereafter. Under Daily Dividend Option: ` 10,000 and any amount thereafter. Purchase : Under Growth Option, Weekly Dividend Option and Monthly Dividend Option: ` 1,000 and any amount thereafter. Under Daily Dividend Option: ` 5,000 and any amount thereafter. Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years). ^^Calculated on all calendar days. Issuer Rating % to NAV Debt & Debt Related Government Securities (Central/State) 7.76% Karnataka SDL - Mat 020319 Sovereign 0.24 Sub Total 0.24 T-bills DCMB ( Discounted Cash Management Bills) 45 days- ISD 010219 Mat 180319 Sovereign 10.80 91 Days TBill - Mat 210219 Sovereign 5.85 91 Days Tbill - ISD 201218 Mat 210319 Sovereign 5.23 182 Days TBill - Mat 280319 Sovereign 0.48 364 Days Tbill - Mat 210319 Sovereign 0.01 Sub Total 22.37 Credit Exposure Housing Development Finance Corporation Ltd. CRISIL - AAA 3.33 Small Industries Development Bank of Inida CARE - AAA 1.50 LIC Housing Finance Ltd. CARE - AAA / CRISIL - AAA 1.02 M&M Financial Services Ltd. CARE - AAA / IND - AAA 0.37 National Bank for Agriculture & Rural Development CRISIL - AAA 0.37 Kotak Mahindra Prime Ltd. CRISIL - AAA 0.32 Bajaj Finance Ltd. CRISIL - AA+ / IND - AAA 0.29 Rural Electrification Corporation Ltd. CRISIL - AAA 0.29 Power Finance Corporation Ltd CRISIL - AAA 0.27 PNB Housing Finance Ltd. IND - AA+ 0.26 Tata Capital Financial Services Ltd. ICRA - AA+ / ICRA - AAA 0.14 Daimler Financial Services India Pvt. Ltd. IND - AAA 0.13 Sundaram Finance Ltd. CRISIL - AAA 0.13 Cholamandalam Investment & Finance ICRA - AA+ 0.10 ONGC Mangalore Petrochemicals Ltd. IND - AAA 0.10 Aditya Birla Finance Ltd. ICRA - AAA 0.06 L&T Infrastructure Finance Ltd. CARE - AAA 0.06 Nabha Power Ltd. (Corporate Guarantee of L&T Ltd.) ICRA - AAA(SO) 0.06 Fullerton India Credit Company Ltd. CARE - AAA 0.05 Tata Motors Finance Ltd. CRISIL - AA 0.04 Indian Railways Finance Corporation Ltd. CRISIL - AAA 0.03 Tata Sons Ltd. CRISIL - AAA 0.03 HDB Financial Services Ltd. CRISIL - AAA 0.02 Sub Total 8.97 Total 31.58 Money Market Instruments CD/CP National Bank for Agriculture & Rural Development CRISIL - A1+ / IND - A1+ 6.64 Reliance Jio Infocomm Ltd. CARE - A1+ / CRISIL - A1+ 5.17 Vedanta Ltd. CRISIL - A1+ / ICRA - A1+ 3.18 Bharti Airtel Ltd. ICRA - A1+ 3.15 Axis Bank Ltd. CRISIL - A1+ 2.93 PNB Housing Finance Ltd. CARE - A1+ / CRISIL - A1+ 2.79 Issuer Rating % to NAV Adani Ports & Special Economic Zone CARE - A1+ / ICRA - A1+ / IND - A1+ 2.68 Hindustan Zinc Ltd. CRISIL - A1+ 2.53 Tata Teleservices Ltd. CRISIL - A1+ 2.17 Bajaj Finance Ltd. CRISIL - A1+ / ICRA - A1+ 1.97 Reliance Retail Ltd CARE - A1+ / ICRA - A1+ 1.91 Jammu & Kashmir Bank Ltd. CRISIL - A1+ 1.90 NTPC Ltd. CARE - A1+ / ICRA - A1+ 1.79 Indian Oil Corporation Ltd. IND - A1+ 1.78 The South Indian Bank Ltd. CARE - A1+ / CRISIL - A1+ 1.52 Vijaya Bank CRISIL - A1+ 1.46 IDFC First Bank Ltd. CRISIL - A1+ 1.44 Tata Motors Finance Ltd. CARE - A1+ / CRISIL - A1+ / ICRA - A1+ 1.39 L&T Finance Ltd. CARE - A1+ / ICRA - A1+ 1.30 M&M Financial Services Ltd. IND - A1+ 1.28 Shriram Transport Finance Company Ltd. IND - A1+ 1.28 Rural Electrification Corporation Ltd. CARE - A1+ 1.27 Indiabulls Housing Finance Ltd. ICRA - A1+ 1.15 Tata Capital Financial Services Ltd. CRISIL - A1+ / ICRA - A1+ 1.06 Small Industries Development Bank of India ICRA - A1+ 1.04 Bajaj Housing Finance Ltd. IND - A1+ 1.02 India Infoline Finance Ltd. ICRA - A1+ 1.02 Steel Authority of India Ltd. CARE - A1+ / IND - A1+ 0.90 L&T Housing Finance Ltd. CARE - A1+ / CRISIL - A1+ 0.81 Tata Steel Ltd. ICRA - A1+ 0.76 Hero Fincorp Ltd. ICRA - A1+ 0.71 Indusind Bank Ltd. CRISIL - A1+ 0.71 Nirma Ltd. CRISIL - A1+ 0.67 Bahadur Chand Investments Private Ltd. CARE - A1+ 0.64 Shriram City Union Finance Ltd. CARE - A1+ / ICRA - A1+ 0.64 Tata Teleservices (Maharashtra) Ltd. CRISIL - A1+ 0.64 TMF Holdings Ltd. (Subsidiary of Tata Motors Ltd.) CARE - A1+ 0.64 Canara Bank CRISIL - A1+ 0.63 Daimler Financial Services India Pvt. Ltd. CRISIL - A1+ 0.63 National Housing Bank CRISIL - A1+ 0.63 CanFin Homes Ltd CARE - A1+ / ICRA - A1+ 0.57 National Fertilizers Ltd IND - A1+ 0.54 Magma Fincorp Ltd. CARE - A1+ / CRISIL - A1+ 0.52 Tata Projects Ltd. CRISIL - A1+ / IND - A1+ 0.52 GIC Housing Finance Ltd. CRISIL - A1+ / ICRA - A1+ 0.51 Volkswagen Finance Private Ltd. CRISIL - A1+ / IND - A1+ 0.51 Tata Motors Finance Solutions Ltd. CARE - A1+ / ICRA - A1+ 0.50 Chambal Fertilizers & Chemicals Ltd. ICRA - A1+ 0.48 ICICI Bank Ltd. CRISIL - A1+ 0.48 Tata Realty and Infrastructure Ltd. ICRA - A1+ 0.46 Manappuram Finance Ltd. CARE - A1+ / CRISIL - A1+ 0.45 IIFL Wealth Finance Ltd. ICRA - A1+ 0.44 Kotak Mahindra Bank Ltd. CRISIL - A1+ 0.44 TVS Credit Services Ltd. ICRA - A1+ 0.41 Face Value per Unit: ` 1,000, CD - Certificate of Deposit; CP - Commercial Papers. Data is as of January 31, 2019 unless otherwise specified. 48 January 2019
HDFC Liquid Fund (An open ended liquid scheme)...contd from previous page Portfolio Classification by Asset Class SDL, T-Bills 22.61 CP 65.31 CD 13.22 Credit Exposure 8.97 Cash, Cash Equivalents and Net Current Assets -10.11 Portfolio Classification by Rating Class Sovereign 22.61 AAA/AAA(SO)/A1+/A1+(SO) & Equivalent 86.88 AA+ 0.58 AA/AA- 0.04 Cash, Cash Equivalents and Net Current Assets -10.11 Issuer Rating % to NAV Kotak Mahindra Prime Ltd. CRISIL - A1+ 0.38 Motilal Oswal Financial Services Ltd. IND - A1+ 0.38 MUFG Bank Ltd. IND - A1+ 0.38 United Spirits Ltd. ICRA - A1+ 0.38 Mahindra Rural Housing Finance Ltd. IND - A1+ 0.35 Aditya Birla Finance Ltd. IND - A1+ 0.32 Axis Finance Ltd. IND - A1+ 0.32 Julius Baer Capital (India) Pvt. Ltd. ICRA - A1+ 0.30 H T Media Ltd. ICRA - A1+ 0.29 Redington (India) Ltd. ICRA - A1+ 0.26 TATA Housing Development Company Ltd. CARE - A1+ 0.26 Aarti Industries Ltd. IND - A1+ 0.24 Godrej Properties Ltd. (Secured with shares of Emami Ltd.) ICRA - A1+ 0.20 Turquoise Investments & Finance Pvt Ltd. CARE - A1+ 0.19 Deutsche Investments India Pvt. Ltd. CRISIL - A1+ 0.16 Reliance Industries Ltd. CRISIL - A1+ / ICRA - A1+ 0.16 Adani Transmission Ltd. IND - A1+ 0.13 Issuer Rating % to NAV CESC Ltd. ICRA - A1+ 0.13 Hinduja Leyland Finance Ltd CRISIL - A1+ 0.13 TVS Srichakra Ltd. CRISIL - A1+ 0.13 Magma Housing Finance CRISIL - A1+ 0.12 SBI Global Factors Ltd. CRISIL - A1+ 0.10 Aditya Birla Money Ltd. IND - A1+ 0.09 Fedbank Financial Services Ltd. CRISIL - A1+ 0.09 Bajaj Electricals Ltd. ICRA - A1+ 0.06 Export - Import Bank of India ICRA - A1+ 0.06 JM Financial Asset Reconstruction Company Ltd. ICRA - A1+ 0.06 JM Financial Products Ltd. ICRA - A1+ 0.06 Tata Sons Ltd. CRISIL - A1+ 0.06 LIC Housing Finance Ltd. ICRA - A1+ 0.03 TGS Investment & Trade Pvt Ltd IND - A1+ 0.03 Kotak Mahindra Investments Ltd. CRISIL - A1+ 0.02 Sub Total 78.53 Cash, Cash Equivalents and Net Current Assets -10.11 Top Ten Holdings, Co-sponsor regular income over short term to generate income through a portfolio comprising money market and debt instruments Investors understand that their principal will be at low risk Performance ^ - Regular plan - Growth Option # ## (`) # Jan 24, 19 Last 7 days 6.96 7.31 9.44 10,013 10,014 10,018 Jan 16, 19 Last 15 days 7.02 7.32 9.43 10,029 10,030 10,039 Dec 31, 18 Last 1 Month 7.12 7.43 8.91 10,060 10,063 10,076 Jan 31, 18 Last 1 Year 7.30 7.68 7.22 10,730 10,768 10,722 Jan 31, 16 Last 3 Years 7.10 7.27 6.73 12,287 12,346 12,161 Jan 31, 14 Last 5 Years 7.72 7.81 7.38 14,509 14,571 14,282 Oct 17, 00 Since Inception 7.28 N.A. 6.39 36,181 N.A. 31,081 less than 1 year period are simple annualized and greater than 1 year are compounded annualized (CAGR). N.A. Not Available. Performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. For performance of other schemes managed by Anupam Joshi, please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 60. Face Value per Unit: ` 1,000, CD - Certificate of Deposit; CP - Commercial Papers. Data is as of January 31, 2019 unless otherwise specified. January 2019 49
HDFC Overnight Fund (An open ended debt scheme investing in overnight securities) To generate returns by investing in debt and money market instruments with overnight maturity. There is no assurance that the of the will be realized. CATEGORY OF SCHEME: Overnight Fund Fund Manager Anil Bamboli (since July 25, 12) Total Experience: Over 23 years February 06, 2002 NAV (As on January 31, 2019) NAV per Unit (`) Regular Plan - Growth Option 2,784.4155 Regular Plan - Daily Dividend Reinvestment Option 1,042.6600 Direct Plan - Growth Option 2,794.5875 Direct Plan - Daily Dividend Reinvestment Option 1,042.6600 As on January 31, 2019 7,435.16 Average for Month of January, 2019 7,501.11 Average Maturity * 1 day Macaulay Duration * 1 day Modified Duration * 1 day Yield to Maturity * 6.39% * Computed on the invested amount. Regular: 0.20% Direct: 0.10% #BENCHMARK INDEX: CRISIL Overnight Index ##addl. BENCHMARK INDEX: CRISIL 1 year T-Bill Index Nil Regular Plan, Direct Plan. Each Plan offers Growth and Daily Dividend Option (with Reinvestment facility only). Purchase : Under Growth Option : ` 5,000 and any amount thereafter. Under Daily Dividend Option : ` 10,000 and any amount thereafter Purchase : Under Growth Option : ` 1,000 and any amount thereafter. Under Daily Dividend Option : ` 5,000 and any amount thereafter Dedicated Fund Manager for Overseas Investments: Mr. Amar Kalkundrikar (Total Experience: Over 16 years). regular income over short term that may be in line with the overnight call rates to generate returns by investing in debt and money market instruments with overnight maturity Issuer Rating % to NAV Cash, Cash Equivalents and Net Current Assets 100.00 Portfolio Classification by Asset Class Cash, Cash Equivalents and Net Current Assets 100.00 Performance ^ - Regular plan - Growth Option # Portfolio Classification by Rating Class ## Cash, Cash Equivalents and Net Current Assets 100.00 (`) # Jan 24, 19 Last 7 days 6.15 6.37 9.44 10,012 10,012 10,018 Jan 16, 19 Last 15 days 6.18 6.44 9.43 10,025 10,026 10,039 Dec 31, 18 Last 1 Month 6.16 6.40 8.91 10,052 10,054 10,076 Jan 31, 18 Last 1 Year 6.16 6.21 7.22 10,616 10,621 10,722 Jan 31, 16 Last 3 Years 6.12 6.20 6.73 11,954 11,978 12,161 Jan 31, 14 Last 5 Years 6.74 6.88 7.38 13,860 13,950 14,282 Feb 06, 02 Since Inception 6.21 N.A. 6.04 27,844 N.A. 27,094 less than 1 year period are simple annualized and greater than 1 year are compounded annualized (CAGR). N.A. Not Available. Performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. For performance of other schemes managed by Anil Bamboli, please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 62. Investors understand that their principal will be at low risk Face Value per Unit: ` 1,000, Data is as of January 31, 2019 unless otherwise specified. 50 January 2019
Performance details of s managed by respective Fund Managers Sr. No. Name of the Fund Manager Funds Managed Page no. 1 Mr. Prashant Jain HDFC Equity Fund 05 HDFC Top 100 Fund 07 HDFC Balanced Advantage Fund 13-14 HDFC Hybrid Debt Fund (Co-managed scheme) 31-32 2 Mr. Vinay Kulkarni HDFC Focused 30 Fund 11 HDFC Growth Opportunities Fund 10 HDFC TaxSaver 23 HDFC Equity Savings Fund (Co-managed scheme) 29-30 3 Mr. Srinivas Rao Ravuri HDFC Infrastructure Fund 12 4 Mr. Chirag Setalvad HDFC Mid-Cap Opportunities Fund 08 HDFC Small Cap Fund 09 HDFC Long Term Advantage Fund 52 HDFC Hybrid Equity Fund 15-16 HDFC Children s Gift Fund 24-25 HDFC Multi-Asset Fund (Co-managed scheme) 17-18 HDFC Retirement Savings Fund - Equity Plan (Co-managed scheme) 26 HDFC Retirement Savings Fund - Hybrid Equity Plan (Co-managed scheme) 27 HDFC Retirement Savings Fund - Hybrid Debt Plan (Co-managed scheme) 28 5 Mr. Miten Lathia HDFC Capital Builder Value Fund 06 HDFC Dynamic PE Ratio Fund of Funds (Co-managed scheme) 56 6 Mr. Krishan Kumar Daga HDFC Arbitrage Fund 33-34 HDFC Multi-Asset Fund (Co-managed scheme) 17-18 HDFC Index Fund - Sensex Plan 22 HDFC Index Fund - NIFTY 50 Plan 20 HDFC Sensex ETF 21 HDFC NIFTY 50 ETF 19 HDFC Gold Exchange Traded Fund 55 HDFC Gold Fund 55 HDFC Equity Savings Fund (Co-managed scheme) 29-30 7 Mr. Shobhit Mehrotra HDFC Income Fund 41 HDFC Medium Term Debt Fund 42 HDFC Floating Rate Debt Fund 46 HDFC Credit Risk Debt Fund 36-37 HDFC Hybrid Debt Fund (Co-managed scheme) 31-32 HDFC Retirement Savings Fund - Equity Plan (Co-managed scheme) 26 HDFC Retirement Savings Fund - Hybrid Equity Plan (Co-managed scheme) 27 HDFC Retirement Savings Fund - Hybrid Debt Plan (Co-managed scheme) 28 Close ended schemes 52-53 8 Mr. Anil Bamboli HDFC Dynamic Debt Fund 40 HDFC Short Term Debt Fund 43 HDFC Gilt Fund 39 HDFC Money Market Fund 45 HDFC Ultra Short Term Fund 47 HDFC Overnight Fund 49 HDFC Banking and PSU Debt Fund 38 HDFC Equity Savings Fund (Co-managed scheme) 29-30 HDFC Multi-Asset Fund (Co-managed scheme) 17-18 HDFC Dynamic PE Ratio Fund of Funds (Co-managed scheme) 56 Close ended schemes 53-55 Co-managed schemes 56 9 Mr. Anupam Joshi HDFC Liquid Fund 48-49 HDFC Corporate Bond Fund 35 HDFC Low Duration Fund 44 Close ended schemes 55-56 For performance details of Direct Plan, refer page 57-64 : (i) No exit load shall be levied for switching between Options under the same Plan within a. (ii) Switch of investments to Direct Plan within the same shall be subject to applicable exit load, unless the investments were made without any distributor code. However, any subsequent switch-out or redemption of such investments from the Direct Plan will not be subject to any exit load. (iii) No exit load shall be levied for switch-out from Direct Plan to other Plan within the same. However, any subsequent switch-out or redemption of such investment from the other Plan shall be subject to exit load based on the original date of investment in the Direct Plan. (iv) Switch of investments between Plans under a having separate portfolios, will be subject to applicable exit load. (v) No exit load will be levied on Bonus Units and Units allotted on Dividend Re-investment. (vi) In case of Systematic Transactions such as, G, Flex, STP, Flex STP, Swing STP, Flexindex;, if any, prevailing on the date of registration / enrolment shall be levied. Tax Benefits / Consequences : The Dividend Distribution Tax on distribution of income by equity oriented fund to all the investors shall be payable at the rate of 11.648%* and on distribution of income by other than equity oriented fund to an individual / HUF shall be payable at the rate of 29.12%* and at the rate of 34.944%* on distribution of income to any other investor. Such income distributed by the (s) is free from Income tax in the hands of Investors. Units of the (s) are not subject to Wealth-tax and Gift-tax. Unit holders are required to pay Securities Transaction Tax (STT) at the rate of 0.001% at the time of redemption / switch-out of units of an equity-oriented fund. * including applicable surcharge, health and education cess. Investors should be aware that the fiscal rules / tax laws may change and there can be no guarantee that the current tax position may continue indefinitely. In view of individual nature of tax consequences, each investor is advised to consult his / her own professional tax advisor. January 2019 51
SCHEME PERFORMANCE - REGULAR PLAN - GROWTH OPTION (FUND MANAGER-WISE) 52 January 2019 Srinivas Rao Ravuri HDFC EOF - II - 1126D May 2017 (1) NAV as on Jan 31, 2019 ` 9.9660 # ## (`) # Jan 31, 18 Last 1 Year -7.61-5.95-0.35 9,239 9,405 9,965 Jun 15, 17 Since Inception -0.21 5.62 9.27 9,966 10,931 11,555 # NIFTY 500 (Total Index) ## NIFTY 50 (Total Index). The scheme is managed by Mr. Srinivas Rao Ravuri since inception. HDFC EOF - II - 1100D June 2017 (1) NAV as on Jan 31, 2019 ` 9.5870 # ## (`) # Jan 31, 18 Last 1 Year -7.78-5.95-0.35 9,222 9,405 9,965 Jul 17, 17 Since Inception -2.70 3.70 7.15 9,587 10,576 11,125 # NIFTY 500 (Total Index) ## NIFTY 50 (Total Index). The scheme is managed by Mr. Srinivas Rao Ravuri since inception. HDFC HOF - I - 1140D November 2017 (1) NAV as on Jan 31, 2019 ` 8.8090 # ## (`) # Jan 31, 18 Last 1 Year -14.64-10.22-0.35 8,536 8,978 9,965 Dec 06, 17 Since Inception -10.41-1.01 8.14 8,809 9,884 10,944 # India Housing & Allied Businesses Index ## NIFTY 50 (Total Index). The scheme is managed by Mr. Srinivas Rao Ravuri since inception. CHIRAG SETALVAD HDFC LONG TERM ADVANTAGE FUND NAV as on Jan 31, 2019 ` 338.407 # ## (`) # Jan 31, 18 Last 1 Year -6.29 2.06-0.35 9,371 10,206 9,965 Jan 29, 16 Last 3 Years 15.84 14.86 14.20 15,565 15,171 14,910 Jan 31, 14 Last 5 Years 16.29 13.60 13.61 21,277 18,929 18,930 Jan 02, 01 Since Inception 21.49 14.76 14.18 338,407 120,775 110,151 # S&P BSE SENSEX (Total Index) ## NIFTY 50 (Total Index). The scheme is managed by Mr. Chirag Setalvad since April 02, 2007. SHOBHIT MEHROTRA HDFC FMP 3360D MARCH 2014 (1) NAV as on Jan 31, 2019 ` 13.7706 # ## (`) # Jan 31, 18 Last 1 Year 6.89 6.42 7.16 10,689 10,642 10,716 Jan 29, 16 Last 3 Years 8.71 7.67 6.58 12,855 12,490 12,113 Mar 26, 14 Since Inception 6.81 9.03 8.08 13,771 15,212 14,581 # Crisil Composite Bond Fund Index ## Crisil 10 year Gilt Index. The is in existence for more than 1 year but less than 5 years. The scheme is managed by Mr. Shobhit Mehrotra since inception. HDFC FMP 1183D January 2016 (1) NAV as on Jan 31, 2019 ` 12.5850 # ## (`) # HDFC FMP 1176D January 2016 (1) NAV as on Jan 31, 2019 ` 12.5689 # ## (`) # Jan 31, 18 Last 1 Year 7.77 6.42 7.22 10,777 10,642 10,722 Jan 29, 16 Last 3 Years 7.86 7.67 6.73 12,554 12,490 12,166 Jan 19, 16 Since Inception 7.82 7.68 6.73 12,569 12,518 12,185 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more HDFC FMP 1167D January 2016 (1) NAV as on Jan 31, 2019 ` 12.5430 # ## (`) # Jan 31, 18 Last 1 Year 7.74 6.42 7.22 10,774 10,642 10,722 Jan 29, 16 Last 3 Years 7.81 7.67 6.73 12,538 12,490 12,166 Jan 28, 16 Since Inception 7.82 7.68 6.73 12,543 12,497 12,167 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more HDFC FMP 1155D February 2016 (1) NAV as on Jan 31, 2019 ` 12.5370 # ## (`) # Jan 31, 18 Last 1 Year 7.72 6.42 7.22 10,772 10,642 10,722 Feb 09, 16 Since Inception 7.89 7.79 6.74 12,537 12,502 12,144 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more HDFC FMP 1168D February 2016 (1) NAV as on Jan 31, 2019 ` 13.2210 # ## (`) # Jan 31, 18 Last 1 Year 8.52 6.42 7.22 10,852 10,642 10,722 Feb 03, 16 Since Inception 9.77 7.79 6.74 13,221 12,518 12,158 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more HDFC FMP 1148D February 2016 (1) NAV as on Jan 31, 2019 ` 12.4910 # ## (`) # Jan 31, 18 Last 1 Year 7.38 6.42 7.22 10,738 10,642 10,722 Feb 18, 16 Since Inception 7.82 7.89 6.74 12,491 12,514 12,126 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more HDFC FMP 1161D February 2016 (1) NAV as on Jan 31, 2019 ` 13.1243 # ## (`) # Jan 31, 18 Last 1 Year 8.62 6.42 7.22 10,862 10,642 10,722 Feb 25, 16 Since Inception 9.71 8.15 6.74 13,124 12,585 12,111 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more Jan 31, 18 Last 1 Year 7.48 6.42 7.22 10,748 10,642 10,722 Jan 29, 16 Last 3 Years 7.87 7.67 6.73 12,559 12,490 12,166 Jan 12, 16 Since Inception 7.82 7.59 6.73 12,585 12,506 12,201 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more Performance of close-ended schemes, being close-ended in nature, is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended schemes is primarily buy-and-hold whereas open-ended schemes are actively managed. Past performance may or may not be sustained in the future. greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. n.a.: Not Available
SCHEME PERFORMANCE - REGULAR PLAN - GROWTH OPTION (FUND MANAGER-WISE) SHOBHIT MEHROTRA...CONTINUED HDFC FMP 1148D February 2016 (2) NAV as on Jan 31, 2019 ` 13.0608 # ## (`) # Jan 31, 18 Last 1 Year 9.45 6.42 7.22 10,945 10,642 10,722 Mar 04, 16 Since Inception 9.60 7.79 6.71 13,061 12,443 12,081 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more HDFC FMP 1132D February 2016 (1) NAV as on Jan 31, 2019 ` 12.5038 # ## (`) # Jan 31, 18 Last 1 Year 7.76 6.42 7.22 10,776 10,642 10,722 Mar 03, 16 Since Inception 7.97 7.81 6.71 12,504 12,452 12,083 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more HDFC FMP 1140D March 2016 (1) NAV as on Jan 31, 2019 ` 13.0085 # ## (`) # Jan 31, 18 Last 1 Year 9.08 6.42 7.22 10,908 10,642 10,722 Mar 17, 16 Since Inception 9.57 7.57 6.71 13,009 12,336 12,053 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more HDFC FMP 1114D March 2016 (1) NAV as on Jan 31, 2019 ` 12.3769 # ## (`) # Jan 31, 18 Last 1 Year 7.68 6.42 7.22 10,768 10,642 10,722 Mar 22, 16 Since Inception 7.73 7.48 6.71 12,377 12,294 12,042 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more HDFC FMP 1213D MARCH 2017 (1) NAV as on Jan 31, 2019 ` 11.3504 # ## (`) # Jan 31, 18 Last 1 Year 6.77 6.42 7.22 10,677 10,642 10,722 Mar 23, 17 Since Inception 7.05 5.74 6.43 11,350 11,094 11,229 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more HDFC FMP 1188D MARCH 2017 (1) NAV as on Jan 31, 2019 ` 11.3704 # ## (`) # Jan 31, 18 Last 1 Year 6.88 6.42 7.22 10,688 10,642 10,722 Mar 30, 17 Since Inception 7.22 5.47 6.45 11,370 11,031 11,219 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more HDFC FMP 1172d April 2017 (1) NAV as on Jan 31, 2019 ` 11.2172 # ## (`) # Jan 31, 18 Last 1 Year 6.78 6.42 7.22 10,678 10,642 10,722 Apr 11, 17 Since Inception 6.56 5.64 6.49 11,217 11,044 11,203 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more HDFC FMP 1165d April 2017 (1) NAV as on Jan 31, 2019 ` 11.2017 # ## (`) # Jan 31, 18 Last 1 Year 6.77 6.42 7.22 10,677 10,642 10,722 Apr 18, 17 Since Inception 6.55 5.52 6.57 11,202 11,010 11,206 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more HDFC FMP 1166D May 2017 (1) NAV as on Jan 31, 2019 ` 11.3139 # ## (`) # Jan 31, 18 Last 1 Year 7.31 6.42 7.22 10,731 10,642 10,722 May 09, 17 Since Inception 7.39 5.65 6.66 11,314 10,998 11,181 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more HDFC FMP 1136D June 2017 (1) NAV as on Jan 31, 2019 ` 11.1827 # ## (`) # Jan 31, 18 Last 1 Year 7.21 6.42 7.22 10,721 10,642 10,722 Jun 08, 17 Since Inception 7.01 4.48 6.65 11,183 10,749 11,120 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more HDFC FMP 1430D JuLY 2017 (1) NAV as on Jan 31, 2019 ` 10.8627 # ## (`) # Jan 31, 18 Last 1 Year 6.82 6.42 7.22 10,682 10,642 10,722 Aug 01, 17 Since Inception 5.67 4.03 6.67 10,863 10,611 11,018 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more ANIL BAMBOLI HDFC CHARITY FUND FOR CANCER CURE - DEBT PLAN^ # NAV as on Jan 31, 2019 ` 10.3832 ## (`) # Jan 31, 18 Last 1 Year 7.03 7.10 7.22 10,703 10,710 10,722 Mar 27, 17 Since Inception 7.10 6.43 6.44 11,353 11,222 11,223 # CRISIL Short Term Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception. ^ offers Dividend option only. of HDFC Charity Fund for Cancer Cure - Debt Plan - Regular Plan are computed based on NAV of Dividend Option and all dividends (after statutory levy) are assumed to be reinvested in the units of the scheme at the then prevailing NAV (ex-dividend NAV). HDFC FMP 1846D AUGUST 2013 (1) NAV as on Jan 31, 2019 ` 15.6305 # ## (`) # Jan 31, 18 Last 1 Year 6.07 6.42 7.22 10,607 10,642 10,722 Jan 29, 16 Last 3 Years 6.95 7.67 6.73 12,240 12,490 12,166 Jan 31, 14 Last 5 Years 8.20 9.10 7.38 14,832 15,461 14,282 Aug 14, 13 Since Inception 8.51 9.15 7.52 15,631 16,143 14,868 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The scheme is managed by Mr. Anil Bamboli since inception. Performance of close-ended schemes, being close-ended in nature, is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended schemes is primarily buy-and-hold whereas open-ended schemes are actively managed. Past performance may or may not be sustained in the future. greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. n.a.: Not Available January 2019 53
SCHEME PERFORMANCE - REGULAR PLAN - GROWTH OPTION (FUND MANAGER-WISE) ANIL BAMBOLI...CONTINUED HDFC FMP 1175D JANUARY 2014 (1) NAV as on Jan 31, 2019 ` 15.6170 54 January 2019 # ## (`) # Jan 31, 18 Last 1 Year 8.04 6.42 7.22 10,804 10,642 10,722 Jan 29, 16 Last 3 Years 7.77 7.67 6.73 12,523 12,490 12,166 Feb 05, 14 Since Inception 9.35 9.05 7.40 15,617 15,408 14,276 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 5 years. The scheme is managed by Mr. Anil Bamboli since inception. HDFC FMP 370D MARCH 2014 (1) NAV as on Jan 31, 2019 ` 14.5928 # ## (`) # Jan 31, 18 Last 1 Year 7.08 7.10 7.22 10,708 10,710 10,722 Jan 29, 16 Last 3 Years 7.31 7.53 6.73 12,364 12,441 12,166 Mar 05, 14 Since Inception 8.00 8.29 7.38 14,593 14,788 14,190 # Crisil Short Term Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 5 years. The scheme is managed by Mr. Anil Bamboli since inception. HDFC FMP 793D FEBRUARY 2014 (1) NAV as on Jan 31, 2019 ` 14.9644 # ## (`) # Jan 31, 18 Last 1 Year 7.09 7.10 7.22 10,709 10,710 10,722 Jan 29, 16 Last 3 Years 7.05 7.53 6.73 12,275 12,441 12,166 Feb 26, 14 Since Inception 8.52 8.30 7.38 14,964 14,820 14,208 # Crisil Short Term Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 5 years. The scheme is managed by Mr. Anil Bamboli since inception. HDFC FMP 1111D SEPTEMBER 2016 (1) NAV as on Jan 31, 2019 ` 12.1607 # ## (`) # Jan 31, 18 Last 1 Year 8.38 6.42 7.22 10,838 10,642 10,722 Sep 15, 16 Since Inception 8.57 5.99 6.54 12,161 11,484 11,625 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception. HDFC FMP 1309D SEPTEMBER 2016 (1) NAV as on Jan 31, 2019 ` 11.9848 # ## (`) # Jan 31, 18 Last 1 Year 6.75 6.42 7.22 10,675 10,642 10,722 Sep 20, 16 Since Inception 7.96 5.99 6.53 11,985 11,476 11,613 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception. HDFC FMP 1302D SEPTEMBER 2016 (1) NAV as on Jan 31, 2019 ` 11.9612 # ## (`) # Jan 31, 18 Last 1 Year 6.56 6.42 7.22 10,656 10,642 10,722 Sep 28, 16 Since Inception 7.94 5.67 6.51 11,961 11,378 11,592 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception. HDFC FMP 1218D DECEMBER 2016 (1) NAV as on Jan 31, 2019 ` 11.5532 # ## (`) # Jan 31, 18 Last 1 Year 7.61 6.42 7.22 10,761 10,642 10,722 Jan 12, 17 Since Inception 7.29 4.72 6.40 11,553 10,992 11,358 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception. HDFC FMP 1199D JANUARY 2017 (1) NAV as on Jan 31, 2019 ` 11.4161 # ## (`) # Jan 31, 18 Last 1 Year 7.23 6.42 7.22 10,723 10,642 10,722 Jan 31, 17 Since Inception 6.85 4.78 6.43 11,416 10,979 11,328 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception. HDFC FMP 1150D FEBRUARY 2017 (1) NAV as on Jan 31, 2019 ` 11.3618 # ## (`) # Jan 31, 18 Last 1 Year 7.19 6.42 7.22 10,719 10,642 10,722 Feb 22, 17 Since Inception 6.80 6.02 6.47 11,362 11,201 11,294 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception. HDFC FMP 1155D FEBRUARY 2017 (1) NAV as on Jan 31, 2019 ` 11.3418 # ## (`) # Jan 31, 18 Last 1 Year 7.01 6.42 7.22 10,701 10,642 10,722 Feb 16, 17 Since Inception 6.65 5.78 6.49 11,342 11,162 11,309 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception. HDFC FMP 1178D February 2017 (1) NAV as on Jan 31, 2019 ` 11.5124 # ## (`) # Jan 31, 18 Last 1 Year 7.01 6.42 7.22 10,701 10,642 10,722 Feb 22, 17 Since Inception 7.53 6.02 6.47 11,512 11,201 11,294 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception. HDFC FMP 1169D FEBRUARY 2017 (1) NAV as on Jan 31, 2019 ` 11.2996 # ## (`) # Jan 31, 18 Last 1 Year 7.01 6.42 7.22 10,701 10,642 10,722 Feb 03, 17 Since Inception 6.33 4.72 6.41 11,300 10,963 11,318 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception. HDFC FMP 1170D FEBRUARY 2017 (1) NAV as on Jan 31, 2019 ` 11.4743 # ## (`) # Jan 31, 18 Last 1 Year 6.80 6.42 7.22 10,680 10,642 10,722 Mar 01, 17 Since Inception 7.42 6.05 6.48 11,474 11,194 11,282 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception. Performance of close-ended schemes, being close-ended in nature, is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended schemes is primarily buy-and-hold whereas open-ended schemes are actively managed. Past performance may or may not be sustained in the future. greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. n.a.: Not Available
SCHEME PERFORMANCE - REGULAR PLAN - GROWTH OPTION (FUND MANAGER-WISE) KRISHAN KUMAR DAGA HDFC GOLD EXCHANGE TRADED FUND* NAV as on Jan 31, 2019 ` 3036.381 # (`) Jan 31, 18 Last 1 Year 8.55 9.82 10,855 10,982 Jan 29, 16 Last 3 Years 6.24 7.43 11,996 12,407 Jan 31, 14 Last 5 Years 2.66 3.79 11,402 12,046 Aug 13, 10 Since Inception 6.36 7.18 16,866 18,002 # Domestic Price of Physical Gold. Since inception returns are calculated on ` 1800.3288 (allotment price) * The does not offer any Plans/Options. The scheme is managed by Mr. Krishan Kumar Daga since October 19, 2015. HDFC GOLD FUND NAV as on Jan 31, 2019 ` 10.759 # (`) Jan 31, 18 Last 1 Year 8.33 9.82 10,833 10,982 Jan 29, 16 Last 3 Years 6.02 7.43 11,923 12,407 Jan 31, 14 Last 5 Years 0.78 3.79 10,395 12,046 Nov 01, 11 Since Inception 1.01 2.86 10,759 12,267 # Domestic Price of Physical Gold. The scheme is managed by Mr. Krishan Kumar Daga since October 19, 2015. HDFC CHARITY FUND FOR CANCER CURE - ARBITRAGE PLAN^ # NAV as on Jan 31, 2019 ` 10.201 ## (`) # Jan 31, 18 Last 1 Year 6.14 4.85-0.35 10,614 10,485 9,965 Mar 27, 17 Since Inception 6.40 4.65 11.72 11,216 10,878 12,274 # NIFTY 50 Arbitrage Index ## NIFTY 50 Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Krishan Kumar Daga since inception. ^ offers Dividend option only. of HDFC Charity Fund for Cancer Cure - Arbitrage Plan - Regular Plan are computed based on NAV of Dividend Option and all dividends (after statutory levy) are assumed to be reinvested in the units of the scheme at the then prevailing NAV (ex-dividend NAV). ANUPAM JOSHI HDFC FMP 1120D MARCH 2016 (1) NAV as on Jan 31, 2019 ` 12.3945 # ## (`) # Jan 31, 18 Last 1 Year 7.72 6.42 7.22 10,772 10,642 10,722 Mar 16, 16 Since Inception 7.74 7.67 6.71 12,395 12,371 12,055 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception. HDFC FMP 1107D MARCH 2016 (1) NAV as on Jan 31, 2019 ` 12.3513 # ## (`) # Jan 31, 18 Last 1 Year 7.31 6.42 7.22 10,731 10,642 10,722 Mar 29, 16 Since Inception 7.71 7.50 6.71 12,351 12,283 12,028 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception. HDFC FMP 1190D MARCH 2016 (1) NAV as on Jan 31, 2019 ` 13.0220 # ## (`) # Jan 31, 18 Last 1 Year 9.08 6.42 7.22 10,908 10,642 10,722 Mar 23, 16 Since Inception 9.67 7.48 6.70 13,022 12,293 12,040 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception. HDFC FMP 1104D APRIL 2016 (1) NAV as on Jan 31, 2019 ` 12.1986 # ## (`) # Jan 31, 18 Last 1 Year 7.26 6.42 7.22 10,726 10,642 10,722 Apr 21, 16 Since Inception 7.41 7.25 6.63 12,199 12,149 11,955 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception. HDFC FMP 1127D May 2016 (1) NAV as on Jan 31, 2019 ` 12.5118 # ## (`) # Jan 31, 18 Last 1 Year 7.64 6.42 7.22 10,764 10,642 10,722 May 31, 16 Since Inception 8.75 7.28 6.66 12,512 12,064 11,879 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception. HDFC FMP 1153D April 2016 (1) NAV as on Jan 31, 2019 ` 12.5950 # ## (`) # Jan 31, 18 Last 1 Year 7.67 6.42 7.22 10,767 10,642 10,722 May 05, 16 Since Inception 8.78 7.25 6.64 12,595 12,116 11,928 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception. HDFC FMP 1113D June 2016 (1) NAV as on Jan 31, 2019 ` 12.1667 # ## (`) # Jan 31, 18 Last 1 Year 7.52 6.42 7.22 10,752 10,642 10,722 Jun 08, 16 Since Inception 7.68 7.29 6.64 12,167 12,049 11,858 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception. HDFC FMP 1127D June 2016 (1) NAV as on Jan 31, 2019 ` 12.1355 # ## (`) # Jan 31, 18 Last 1 Year 7.61 6.42 7.22 10,761 10,642 10,722 Jun 21, 16 Since Inception 7.69 7.30 6.64 12,136 12,022 11,829 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception. HDFC FMP 1128D June 2016 (1) NAV as on Jan 31, 2019 ` 12.4492 # ## (`) # Jan 31, 18 Last 1 Year 8.04 6.42 7.22 10,804 10,642 10,722 Jun 29, 16 Since Inception 8.82 7.16 6.62 12,449 11,962 11,808 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception. Performance of close-ended schemes, being close-ended in nature, is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended schemes is primarily buy-and-hold whereas open-ended schemes are actively managed. Past performance may or may not be sustained in the future. greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. n.a.: Not Available January 2019 55
SCHEME PERFORMANCE - REGULAR PLAN - GROWTH OPTION (FUND MANAGER-WISE) ANUPAM JOSHI...CONTINUED HDFC FMP 1112D June 2016 (1) NAV as on Jan 31, 2019 ` 12.0558 # ## (`) # Jan 31, 18 Last 1 Year 7.21 6.42 7.22 10,721 10,642 10,722 Jul 07, 16 Since Inception 7.55 6.97 6.60 12,056 11,891 11,786 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception. HDFC FMP 1161D July 2016 (1) NAV as on Jan 31, 2019 ` 12.3061 # ## (`) # Jan 31, 18 Last 1 Year 8.46 6.42 7.22 10,846 10,642 10,722 Jul 27, 16 Since Inception 8.60 6.57 6.57 12,306 11,737 11,736 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception. CO-MANAGED BY MITEN LATHIA & ANIL BAMBOLI HDFC DYNAMIC PE RATIO FUND OF FUNDS NAV as on Jan 31, 2019 ` 17.8843 # ## (`) # Jan 31, 18 Last 1 Year -3.61 2.18-0.35 9,639 10,218 9,965 Jan 29, 16 Last 3 Years 11.69 12.00 14.20 13,947 14,063 14,910 Jan 31, 14 Last 5 Years 9.51 12.11 13.61 15,750 17,716 18,930 Feb 06, 12 Since Inception 8.67 10.85 11.98 17,884 20,539 22,053 # NIFTY 50 Hybrid Composite Debt 65:35 Index ## NIFTY 50 (Total Index). performance may not strictly be comparable with that of its in view of hybrid nature of the scheme where a portion of scheme s investments are made in equity instruments. The scheme is co-managed by Mr. Miten Lathia & Mr. Anil Bamboli since June 27, 2014. CO-MANAGED BY KRISHAN KUMAR DAGA & ANIL BAMBOLI HDFC DAF - II - 1160D January 2016 NAV as on Jan 31, 2019 ` 12.1729 # ## (`) # Jan 31, 18 Last 1 Year 4.57 5.31 7.22 10,457 10,531 10,722 Feb 04, 16 Since Inception 6.79 9.51 6.74 12,173 13,125 12,155 # NIFTY 50 Hybrid Short Duration Debt 25:75 Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is co-managed by Mr. Krishan Kumar Daga & Anil Bamboli since inception. HDFC DAF - II - 1099D MARCH 2016 NAV as on Jan 31, 2019 ` 11.7832 # ## (`) # Jan 31, 18 Last 1 Year 4.28 5.31 7.22 10,428 10,531 10,722 Apr 12, 16 Since Inception 6.02 9.14 6.64 11,783 12,779 11,977 # NIFTY 50 Hybrid Short Duration Debt 25:75 Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is co-managed by Mr. Krishan Kumar Daga & Anil Bamboli since inception. HDFC DAF - II - 1111D April 2016 NAV as on Jan 31, 2019 ` 11.7647 # ## (`) # Jan 31, 18 Last 1 Year 4.24 5.31 7.22 10,424 10,531 10,722 May 12, 16 Since Inception 6.15 9.00 6.65 11,765 12,645 11,917 # NIFTY 50 Hybrid Short Duration Debt 25:75 Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is co-managed by Mr. Krishan Kumar Daga & Anil Bamboli since inception. HDFC DAF - III - 1304D AUGUST 2016 NAV as on Jan 31, 2019 ` 11.3551 # ## (`) # Jan 31, 18 Last 1 Year 4.27 4.24 7.22 10,427 10,424 10,722 Sep 12, 16 Since Inception 5.47 8.63 6.52 11,355 12,184 11,627 # NIFTY 50 Hybrid Short Duration Debt 40:60 Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is co-managed by Mr. Krishan Kumar Daga & Anil Bamboli since inception. HDFC DAF - III - 1267D OCTOBER 2016 NAV as on Jan 31, 2019 ` 11.1749 # ## (`) # Jan 31, 18 Last 1 Year 4.02 4.24 7.22 10,402 10,424 10,722 Oct 25, 16 Since Inception 5.02 8.85 6.45 11,175 12,120 11,522 # NIFTY 50 Hybrid Short Duration Debt 40:60 Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is co-managed by Mr. Krishan Kumar Daga & Anil Bamboli since inception. HDFC DAF - III - 1224D NOVEMBER 2016 NAV as on Jan 31, 2019 ` 11.1020 # ## (`) # Jan 31, 18 Last 1 Year 4.03 5.31 7.22 10,403 10,531 10,722 Dec 07, 16 Since Inception 4.98 8.82 6.42 11,102 11,994 11,431 # NIFTY 50 Hybrid Short Duration Debt 25:75 Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is co-managed by Mr. Krishan Kumar Daga & Anil Bamboli since inception. Performance of close-ended is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended schemes is primarily buy and hold whereas open ended schemes are actively managed. Past performance may or may not be sustained in the future. greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. n.a.: Not Available 56 January 2019
SCHEME PERFORMANCE - DIRECT PLAN - GROWTH OPTION (FUND MANAGER-WISE) PRASHANT JAIN HDFC EQUITY FUND NAV as on Jan 31, 2019 ` 661.059 # ## (`) # Jan 31, 18 Last 1 Year -5.51-5.95-0.35 9,449 9,405 9,965 Jan 29, 16 Last 3 Years 16.71 13.80 14.20 15,917 14,753 14,910 Jan 31, 14 Last 5 Years 17.77 15.15 13.61 22,668 20,256 18,930 Jan 01, 13 Since Inception 14.06 12.23 11.71 22,267 20,175 19,622 # NIFTY 500 (Total Index) ## NIFTY 50 (Total Index). HDFC TOP 100 FUND NAV as on Jan 31, 2019 ` 485.408 # ## (`) # Jan 31, 18 Last 1 Year -2.53-2.11 2.06 9,747 9,789 10,206 Jan 29, 16 Last 3 Years 16.75 14.34 14.86 15,935 14,965 15,171 Jan 31, 14 Last 5 Years 16.61 14.45 13.60 21,575 19,648 18,929 Jan 01, 13 Since Inception 13.15 12.24 12.21 21,202 20,192 20,160 # NIFTY 100 (Total Index) ## S&P BSE SENSEX (Total Index). HDFC BALANCED ADVANTAGE FUND NAV as on Jan 31, 2019 ` 194.416 # ## (`) # Jan 31, 18 Last 1 Year -4.13 2.18-0.35 9,587 10,218 9,965 Jan 29, 16 Last 3 Years 14.34 12.00 14.20 14,963 14,063 14,910 Jan 31, 14 Last 5 Years 17.31 12.11 13.61 22,224 17,716 18,930 Jan 01, 13 Since Inception 13.68 10.58 11.71 21,824 18,442 19,622 # NIFTY 50 Hybrid Composite Debt 65:35 Index ## NIFTY 50 (Total Index). performance may not strictly be comparable with that of its in view of balanced nature of the scheme where a portion of scheme s investments are made in debt instruments. Refer to note on performance disclosure on Page no. 13. VINAY KULKARNI HDFC Focused 30 Fund NAV as on Jan 31, 2019 ` 76.720 # (`) ## # Jan 31, 18 Last 1 Year -14.66-5.95 2.06 8,534 9,405 10,206 Jan 29, 16 Last 3 Years 10.56 13.80 14.86 13,526 14,753 15,171 Jan 31, 14 Last 5 Years 15.59 15.15 13.60 20,643 20,256 18,929 Jan 01, 13 Since Inception 11.16 12.23 12.21 19,036 20,175 20,160 # NIFTY 500 (Total Index) ## S&P BSE SENSEX (Total Index). HDFC Growth Opportunities Fund NAV as on Jan 31, 2019 ` 108.213 # (`) ## # Jan 31, 18 Last 1 Year -8.55-8.23 2.06 9,145 9,177 10,206 Jan 29, 16 Last 3 Years 10.61 14.41 14.86 13,543 14,994 15,171 Jan 31, 14 Last 5 Years 9.92 17.94 13.60 16,048 22,827 18,929 Jan 01, 13 Since Inception 8.22 14.06 12.21 16,169 22,263 20,160 # NIFTY Large Midcap 250 (Total Index) ## S&P BSE SENSEX (Total Index). The, formerly a large cap fund, has undergone change in Fundamental attributes w.e.f. May 23, 2018 and become a Large and Mid-cap Fund. Accordingly, the s benchmark has also changed. Hence, the past performance of the may not strictly be comparable with that of the new benchmark. HDFC TAXSAVER NAV as on Jan 31, 2019 ` 513.097 # ## (`) # Jan 31, 18 Last 1 Year -11.01-5.95-0.35 8,899 9,405 9,965 Jan 29, 16 Last 3 Years 13.56 13.80 14.20 14,658 14,753 14,910 Jan 31, 14 Last 5 Years 15.65 15.15 13.61 20,700 20,256 18,930 Jan 01, 13 Since Inception 12.81 12.23 11.71 20,823 20,175 19,622 # NIFTY 500 (Total Index) ## NIFTY 50 (Total Index). CHIRAG SETALVAD HDFC MID-CAP OPPORTUNITIES FUND NAV as on Jan 31, 2019 ` 53.918 # ## (`) # Jan 31, 18 Last 1 Year -11.77-17.88-0.35 8,823 8,212 9,965 Jan 29, 16 Last 3 Years 13.85 11.90 14.20 14,773 14,027 14,910 Jan 31, 14 Last 5 Years 21.87 18.84 13.61 26,900 23,711 18,930 Jan 01, 13 Since Inception 18.91 13.07 11.71 28,681 21,120 19,622 # NIFTY Midcap 100 (Total Index) ## NIFTY 50 (Total Index). HDFC SMALL CAP FUND NAV as on Jan 31, 2019 ` 44.405 # ## (`) # Jan 31, 18 Last 1 Year -7.76-29.72-0.35 9,224 7,028 9,965 Jan 29, 16 Last 3 Years 19.68 7.85 14.20 17,167 12,551 14,910 Jan 31, 14 Last 5 Years 21.83 15.12 13.61 26,857 20,229 18,930 Jan 01, 13 Since Inception 18.38 9.55 11.71 27,912 17,419 19,622 # NIFTY Smallcap 100 (Total Index) ## NIFTY 50 (Total Index). HDFC HYBRID EQUITY FUND NAV as on Jan 31, 2019 ` 53.178 # ## (`) # Jan 31, 18 Last 1 Year -3.25 2.18-0.35 9,675 10,218 9,965 Jan 29, 16 Last 3 Years 13.60 12.00 14.20 14,675 14,063 14,910 Jan 31, 14 Last 5 Years 17.60 12.11 13.61 22,498 17,716 18,930 Jan 01, 13 Since Inception 15.56 10.58 11.71 24,115 18,442 19,622 # NIFTY 50 Hybrid Composite Debt 65:35 Index ## NIFTY 50 (Total Index). Refer to note on performance disclosure on Page no. 15. HDFC CHILDREN S GIFT FUND NAV as on Jan 31, 2019 ` 121.443 # ## (`) # Jan 31, 18 Last 1 Year -1.61 2.18-0.35 9,839 10,218 9,965 Jan 29, 16 Last 3 Years 13.96 12.00 14.20 14,817 14,063 14,910 Jan 31, 14 Last 5 Years 16.31 12.11 13.61 21,293 17,716 18,930 Jan 01, 13 Since Inception 15.38 10.58 11.71 23,882 18,442 19,622 # NIFTY 50 Hybrid Composite Debt 65:35 Index ## NIFTY 50 (Total Index). performance may not strictly be comparable with that of its in view of balanced nature of the scheme where a portion of scheme s investments are made in debt instruments. HDFC LONG TERM ADVANTAGE FUND NAV as on Jan 31, 2019 ` 350.740 # ## (`) # Jan 31, 18 Last 1 Year -5.71 2.06-0.35 9,429 10,206 9,965 Jan 29, 16 Last 3 Years 16.61 14.86 14.20 15,877 15,171 14,910 Jan 31, 14 Last 5 Years 16.99 13.60 13.61 21,924 18,929 18,930 Jan 01, 13 Since Inception 15.21 12.21 11.71 23,670 20,160 19,622 # S&P BSE SENSEX (Total Index) ## NIFTY 50 (Total Index). Past performance may or may not be sustained in the future. greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. n.a.: Not Available January 2019 57
SCHEME PERFORMANCE - DIRECT PLAN - GROWTH OPTION (FUND MANAGER-WISE) SRINIVAS RAO RAVURI HDFC EOF - II - 1126D May 2017 (1) NAV as on Jan 31, 2019 ` 10.2090 # ## (`) # Jan 31, 18 Last 1 Year -6.32-5.95-0.35 9,368 9,405 9,965 Jun 15, 17 Since Inception 1.28 5.62 9.27 10,209 10,931 11,555 # NIFTY 500 (Total Index) ## NIFTY 50 (Total Index). The scheme is managed by Mr. Srinivas Rao Ravuri since inception. HDFC EOF - II - 1100D June 2017 (1) NAV as on Jan 31, 2019 ` 9.8600 # ## (`) # Jan 31, 18 Last 1 Year -6.10-5.95-0.35 9,390 9,405 9,965 Jul 17, 17 Since Inception -0.91 3.70 7.15 9,860 10,576 11,125 # NIFTY 500 (Total Index) ## NIFTY 50 (Total Index). The scheme is managed by Mr. Srinivas Rao Ravuri since inception. HDFC INFRASTRUCTURE FUND NAV as on Jan 31, 2019 ` 16.050 # ## (`) # Jan 31, 18 Last 1 Year -30.70-5.95-0.35 6,930 9,405 9,965 Jan 29, 16 Last 3 Years 3.33 13.80 14.20 11,035 14,753 14,910 Jan 31, 14 Last 5 Years 13.14 15.15 13.61 18,544 20,256 18,930 Jan 01, 13 Since Inception 6.17 12.23 11.71 14,392 20,175 19,622 # NIFTY 500 (Total Index) ## NIFTY 50 (Total Index). HDFC HOF - I - 1140D November 2017 (1) NAV as on Jan 31, 2019 ` 8.9910 # ## (`) # Jan 31, 18 Last 1 Year -13.10-10.22-0.35 8,690 8,978 9,965 Dec 06, 17 Since Inception -8.81-1.01 8.14 8,991 9,884 10,944 # India Housing & Allied Businesses Index ## NIFTY 50 (Total Index). The scheme is managed by Mr. Srinivas Rao Ravuri since inception. SHOBHIT MEHROTRA HDFC INCOME FUND NAV as on Jan 31, 2019 ` 41.4360 # ## (`) # Jan 31, 18 Last 1 Year 4.90 6.42 7.16 10,490 10,642 10,716 Jan 29, 16 Last 3 Years 7.15 7.67 6.58 12,307 12,490 12,113 Jan 31, 14 Last 5 Years 8.70 9.10 8.10 15,180 15,461 14,764 Jan 01, 13 Since Inception 7.64 8.19 6.61 15,653 16,141 14,761 # crisil Composite Bond Fund Index ## Crisil 10 year Gilt Index. HDFC Medium Term Debt Fund NAV as on Jan 31, 2019 ` 37.4819 # ## (`) # Jan 31, 18 Last 1 Year 6.78 7.10 7.22 10,678 10,710 10,722 Jan 29, 16 Last 3 Years 8.24 7.53 6.73 12,691 12,441 12,166 Jan 31, 14 Last 5 Years 8.86 8.30 7.38 15,290 14,902 14,282 Jan 01, 13 Since Inception 8.61 8.29 7.13 16,527 16,238 15,202 # crisil Short Term Bond Fund Index ## Crisil 1 year T-Bill Index. HDFC Floating Rate Debt Fund NAV as on Jan 31, 2019 ` 32.2323 # ## (`) # Jan 31, 18 Last 1 Year 7.62 7.68 7.22 10,762 10,768 10,722 Jan 29, 16 Last 3 Years 7.86 7.27 6.73 12,557 12,351 12,166 Jan 31, 14 Last 5 Years 8.36 7.81 7.38 14,945 14,571 14,282 Jan 01, 13 Since Inception 8.49 8.02 7.13 16,420 15,994 15,202 # crisil Liquid Fund Index ## Crisil 1 year T-Bill Index. HDFC Credit Risk Debt Fund NAV as on Jan 31, 2019 ` 15.6477 # ## (`) # Jan 31, 18 Last 1 Year 6.22 7.10 7.16 10,622 10,710 10,716 Jan 29, 16 Last 3 Years 8.53 7.53 6.58 12,790 12,441 12,113 Mar 25, 14 Since Inception 9.66 8.21 8.08 15,648 14,668 14,588 # crisil Short Term Bond Fund Index ## Crisil 10 year Gilt Index. Refer to note on performance disclosure on Page no. 36. HDFC FMP 3360D MARCH 2014 (1) NAV as on Jan 31, 2019 ` 13.8377 # ## (`) # Jan 31, 18 Last 1 Year 6.99 6.42 7.16 10,699 10,642 10,716 Jan 29, 16 Last 3 Years 8.82 7.67 6.58 12,894 12,490 12,113 Mar 26, 14 Since Inception 6.92 9.03 8.08 13,838 15,212 14,581 # Crisil Composite Bond Fund Index ## Crisil 10 year Gilt Index. The is in existence for more than 1 year but less than 5 years. The scheme is managed by Mr. Shobhit Mehrotra since inception. HDFC FMP 1183D January 2016 (1) NAV as on Jan 31, 2019 ` 12.7107 # ## (`) # Jan 31, 18 Last 1 Year 7.54 6.42 7.22 10,754 10,642 10,722 Jan 29, 16 Last 3 Years 8.21 7.67 6.73 12,679 12,490 12,166 Jan 12, 16 Since Inception 8.17 7.59 6.73 12,711 12,506 12,201 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more HDFC FMP 1176D January 2016 (1) NAV as on Jan 31, 2019 ` 12.6981 # ## (`) # Jan 31, 18 Last 1 Year 7.82 6.42 7.22 10,782 10,642 10,722 Jan 29, 16 Last 3 Years 8.21 7.67 6.73 12,680 12,490 12,166 Jan 19, 16 Since Inception 8.19 7.68 6.73 12,698 12,518 12,185 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more HDFC FMP 1167D January 2016 (1) NAV as on Jan 31, 2019 ` 12.6914 # ## (`) # Jan 31, 18 Last 1 Year 7.79 6.42 7.22 10,779 10,642 10,722 Jan 29, 16 Last 3 Years 8.23 7.67 6.73 12,686 12,490 12,166 Jan 28, 16 Since Inception 8.24 7.68 6.73 12,691 12,497 12,167 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more Performance of close-ended schemes, being close-ended in nature, is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended schemes is primarily buy-and-hold whereas open-ended schemes are actively managed. Past performance may or may not be sustained in the future. greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. n.a.: Not Available 58 January 2019
SCHEME PERFORMANCE - DIRECT PLAN - GROWTH OPTION (FUND MANAGER-WISE) SHOBHIT MEHROTRA...CONTINUED HDFC FMP 1155D February 2016 (1) NAV as on Jan 31, 2019 ` 12.6645 # ## (`) # Jan 31, 18 Last 1 Year 7.77 6.42 7.22 10,777 10,642 10,722 Feb 09, 16 Since Inception 8.25 7.79 6.74 12,665 12,502 12,144 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more HDFC FMP 1168D February 2016 (1) NAV as on Jan 31, 2019 ` 13.2424 # ## (`) # Jan 31, 18 Last 1 Year 8.57 6.42 7.22 10,857 10,642 10,722 Feb 03, 16 Since Inception 9.83 7.79 6.74 13,242 12,518 12,158 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more HDFC FMP 1148D February 2016 (1) NAV as on Jan 31, 2019 ` 12.6157 # ## (`) # Jan 31, 18 Last 1 Year 7.44 6.42 7.22 10,744 10,642 10,722 Feb 18, 16 Since Inception 8.19 7.89 6.74 12,616 12,514 12,126 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more HDFC FMP 1161D February 2016 (1) NAV as on Jan 31, 2019 ` 13.3701 # ## (`) # Jan 31, 18 Last 1 Year 9.32 6.42 7.22 10,932 10,642 10,722 Feb 25, 16 Since Inception 10.40 8.15 6.74 13,370 12,585 12,111 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more HDFC FMP 1148D February 2016 (2) NAV as on Jan 31, 2019 ` 13.3074 # ## (`) # Jan 31, 18 Last 1 Year 9.78 6.42 7.22 10,978 10,642 10,722 Mar 04, 16 Since Inception 10.31 7.79 6.71 13,307 12,443 12,081 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more HDFC FMP 1132D February 2016 (1) NAV as on Jan 31, 2019 ` 12.6232 # ## (`) # Jan 31, 18 Last 1 Year 7.82 6.42 7.22 10,782 10,642 10,722 Mar 03, 16 Since Inception 8.32 7.81 6.71 12,623 12,452 12,083 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more HDFC FMP 1140D March 2016 (1) NAV as on Jan 31, 2019 ` 13.2532 # ## (`) # Jan 31, 18 Last 1 Year 9.41 6.42 7.22 10,941 10,642 10,722 Mar 17, 16 Since Inception 10.29 7.57 6.71 13,253 12,336 12,053 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more HDFC FMP 1114D March 2016 (1) NAV as on Jan 31, 2019 ` 12.5154 # ## (`) # Jan 31, 18 Last 1 Year 7.74 6.42 7.22 10,774 10,642 10,722 Mar 22, 16 Since Inception 8.15 7.48 6.71 12,515 12,294 12,042 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more HDFC FMP 1213D MARCH 2017 (1) NAV as on Jan 31, 2019 ` 11.5063 # ## (`) # Jan 31, 18 Last 1 Year 7.57 6.42 7.22 10,757 10,642 10,722 Mar 23, 17 Since Inception 7.83 5.74 6.43 11,506 11,094 11,229 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more HDFC FMP 1188D MARCH 2017 (1) NAV as on Jan 31, 2019 ` 11.4636 # ## (`) # Jan 31, 18 Last 1 Year 7.36 6.42 7.22 10,736 10,642 10,722 Mar 30, 17 Since Inception 7.70 5.47 6.45 11,464 11,031 11,219 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more HDFC FMP 1172D APRIL 2017 (1) NAV as on Jan 31, 2019 ` 11.2783 # ## (`) # Jan 31, 18 Last 1 Year 7.11 6.42 7.22 10,711 10,642 10,722 Apr 11, 17 Since Inception 6.88 5.64 6.49 11,278 11,044 11,203 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more HDFC FMP 1165D APRIL 2017 (1) NAV as on Jan 31, 2019 ` 11.2622 # ## (`) # Jan 31, 18 Last 1 Year 7.09 6.42 7.22 10,709 10,642 10,722 Apr 18, 17 Since Inception 6.87 5.52 6.57 11,262 11,010 11,206 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more HDFC FMP 1166D May 2017 (1) NAV as on Jan 31, 2019 ` 11.3335 # ## (`) # Jan 31, 18 Last 1 Year 7.42 6.42 7.22 10,742 10,642 10,722 May 09, 17 Since Inception 7.50 5.65 6.66 11,334 10,998 11,181 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more Performance of close-ended schemes, being close-ended in nature, is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended schemes is primarily buy-and-hold whereas open-ended schemes are actively managed. Past performance may or may not be sustained in the future. greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. n.a.: Not Available January 2019 59
SCHEME PERFORMANCE - DIRECT PLAN - GROWTH OPTION (FUND MANAGER-WISE) SHOBHIT MEHROTRA...CONTINUED HDFC FMP 1430D JULY 2017 (1) NAV as on Jan 31, 2019 ` 10.8791 # ## (`) # Jan 31, 18 Last 1 Year 6.93 6.42 7.22 10,693 10,642 10,722 Aug 01, 17 Since Inception 5.77 4.03 6.67 10,879 10,611 11,018 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more KRISHAN KUMAR DAGA HDFC ARBITRAGE FUND - WHOLESALE PLAN NAV as on Jan 31, 2019 ` 13.838 # ## (`) # Jan 31, 18 Last 1 Year 6.10 4.85-0.35 10,610 10,485 9,965 Jan 29, 16 Last 3 Years 6.44 5.14 14.20 12,065 11,628 14,910 Apr 07, 14 Since Inception 6.97 6.24 11.90 13,838 13,387 17,200 # NIFTY 50 Arbitrage Index ## NIFTY 50 (Total Index). performance is not strictly comparable with that of its since the scheme does not take directional call in equity markets but is limited to availing arbitrage opportunities, etc. HDFC INDEX FUND - SENSEX PLAN NAV as on Jan 31, 2019 ` 323.9026 # ## (`) # Jan 31, 18 Last 1 Year 1.70 2.06-0.35 10,170 10,206 9,965 Jan 29, 16 Last 3 Years 14.56 14.86 14.20 15,052 15,171 14,910 Jan 31, 14 Last 5 Years 13.23 13.60 13.61 18,622 18,929 18,930 Jan 01, 13 Since Inception 11.88 12.21 11.71 19,794 20,160 19,622 # S&P BSE SENSEX (Total Index) ## NIFTY 50 (Total Index). Refer to note on performance disclosure on Page no. 22. HDFC INDEX FUND - NIFTY 50 PLAN NAV as on Jan 31, 2019 ` 99.1384 # ## (`) # Jan 31, 18 Last 1 Year -0.46-0.35 2.06 9,954 9,965 10,206 Jan 29, 16 Last 3 Years 13.82 14.20 14.86 14,762 14,910 15,171 Jan 31, 14 Last 5 Years 13.28 13.61 13.60 18,656 18,930 18,929 Jan 01, 13 Since Inception 11.41 11.71 12.21 19,295 19,622 20,160 # NIFTY 50 (Total Index) ## S&P BSE SENSEX (Total Index). HDFC GOLD FUND NAV as on Jan 31, 2019 ` 11.0105 # (`) Jan 31, 18 Last 1 Year 8.82 9.82 10,882 10,982 Jan 29, 16 Last 3 Years 6.50 7.43 12,086 12,407 Jan 31, 14 Last 5 Years 1.20 3.79 10,616 12,046 Jan 01, 13 Since Inception -0.07 1.43 9,957 10,901 # Domestic Price of Physical Gold. The scheme is managed by Mr. Krishan Kumar Daga since October 19, 2015. HDFC CHARITY FUND FOR CANCER CURE - ARBITRAGE PLAN^ # NAV as on Jan 31, 2019 ` 10.201 ## (`) # Jan 31, 18 Last 1 Year 6.14 4.85-0.35 10,614 10,485 9,965 Mar 27, 17 Since Inception 6.40 4.65 11.72 11,216 10,878 12,274 # NIFTY 50 Arbitrage Index ## NIFTY 50 Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Krishan Kumar Daga since inception. ^ offers Dividend option only. of HDFC Charity Fund for Cancer Cure - Arbitrage Plan - Direct Plan are computed based on NAV of Dividend Option and all dividends (after statutory levy) are assumed to be reinvested in the units of the scheme at the then prevailing NAV (ex-dividend NAV). ANUPAM JOSHI HDFC LIQUID FUND NAV as on Jan 31, 2019 ` 3635.2408 # ## (`) # Jan 24, 19 Last 7 days 7.06 7.31 9.44 10,014 10,014 10,018 Jan 16, 19 Last 15 days 7.12 7.32 9.43 10,029 10,030 10,039 Dec 31, 18 Last 1 Month 7.22 7.43 8.91 10,061 10,063 10,076 Jan 31, 18 Last 1 Year 7.41 7.68 7.22 10,741 10,768 10,722 Jan 31, 16 Last 3 Years 7.21 7.27 6.73 12,324 12,346 12,161 Jan 31, 14 Last 5 Years 7.81 7.81 7.38 14,567 14,571 14,282 Dec 31, 12 Since Inception 8.08 8.02 7.13 16,049 15,997 15,208 less than 1 year period are simple annualized. # crisil Liquid Fund Index ## Crisil 1 year T-Bill Index. HDFC Corporate Bond Fund NAV as on Jan 31, 2019 ` 20.4744 # ## (`) # Jan 31, 18 Last 1 Year 6.95 6.42 7.16 10,695 10,642 10,716 Jan 29, 16 Last 3 Years 7.97 7.67 6.58 12,596 12,490 12,113 Jan 31, 14 Last 5 Years 8.76 9.10 8.10 15,220 15,461 14,764 Jan 01, 13 Since Inception 8.52 8.19 6.61 16,445 16,141 14,761 # crisil Composite Bond Fund Index ## Crisil 10 year Gilt Index. Refer to note on performance disclosure on Page no. 35. HDFC Low Duration Fund NAV as on Jan 31, 2019 ` 40.2575 # ## (`) # Jan 31, 18 Last 1 Year 7.46 7.68 7.22 10,746 10,768 10,722 Jan 29, 16 Last 3 Years 7.97 7.27 6.73 12,593 12,351 12,166 Jan 31, 14 Last 5 Years 8.28 7.81 7.38 14,888 14,571 14,282 Jan 01, 13 Since Inception 8.39 8.02 7.13 16,329 15,994 15,202 # Crisil Liquid Fund Index ## Crisil 1 year T-Bill Index. HDFC FMP 1120D MARCH 2016 (1) NAV as on Jan 31, 2019 ` 12.5123 # ## (`) # Jan 31, 18 Last 1 Year 7.77 6.42 7.22 10,777 10,642 10,722 Mar 16, 16 Since Inception 8.09 7.67 6.71 12,512 12,371 12,055 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception. HDFC FMP 1107D MARCH 2016 (1) NAV as on Jan 31, 2019 ` 12.4680 # ## (`) # Jan 31, 18 Last 1 Year 7.37 6.42 7.22 10,737 10,642 10,722 Mar 29, 16 Since Inception 8.07 7.50 6.71 12,468 12,283 12,028 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception. HDFC FMP 1190D March 2016 (1) NAV as on Jan 31, 2019 ` 13.2450 # ## (`) # Jan 31, 18 Last 1 Year 9.73 6.42 7.22 10,973 10,642 10,722 Mar 23, 16 Since Inception 10.32 7.48 6.70 13,245 12,293 12,040 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception. Performance of close-ended schemes, being close-ended in nature, is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended schemes is primarily buy-and-hold whereas open-ended schemes are actively managed. Past performance may or may not be sustained in the future. greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. n.a.: Not Available 60 January 2019
SCHEME PERFORMANCE - DIRECT PLAN - GROWTH OPTION (FUND MANAGER-WISE) ANUPAM JOSHI...CONTINUED HDFC FMP 1104D APRIL 2016 (1) NAV as on Jan 31, 2019 ` 12.3140 # ## (`) # Jan 31, 18 Last 1 Year 7.31 6.42 7.22 10,731 10,642 10,722 Apr 21, 16 Since Inception 7.77 7.25 6.63 12,314 12,149 11,955 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception. HDFC FMP 1127D May 2016 (1) NAV as on Jan 31, 2019 ` 12.6883 # ## (`) # Jan 31, 18 Last 1 Year 7.80 6.42 7.22 10,780 10,642 10,722 May 31, 16 Since Inception 9.32 7.28 6.66 12,688 12,064 11,879 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception. HDFC FMP 1161D JuLY 2016 (1) NAV as on Jan 31, 2019 ` 12.4782 # ## (`) # Jan 31, 18 Last 1 Year 8.63 6.42 7.22 10,863 10,642 10,722 Jul 27, 16 Since Inception 9.20 6.57 6.57 12,478 11,737 11,736 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception. HDFC FMP 1136D June 2017 (1) NAV as on Jan 31, 2019 ` 11.2012 # ## (`) # Jan 31, 18 Last 1 Year 7.32 6.42 7.22 10,732 10,642 10,722 Jun 08, 17 Since Inception 7.12 4.48 6.65 11,201 10,749 11,120 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more HDFC FMP 1153D April 2016 (1) NAV as on Jan 31, 2019 ` 12.7750 # ## (`) # Jan 31, 18 Last 1 Year 7.83 6.42 7.22 10,783 10,642 10,722 May 05, 16 Since Inception 9.34 7.25 6.64 12,775 12,116 11,928 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception. HDFC FMP 1113D June 2016 (1) NAV as on Jan 31, 2019 ` 12.2563 # ## (`) # Jan 31, 18 Last 1 Year 7.57 6.42 7.22 10,757 10,642 10,722 Jun 08, 16 Since Inception 7.98 7.29 6.64 12,256 12,049 11,858 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception. HDFC FMP 1127D June 2016 (1) NAV as on Jan 31, 2019 ` 12.2247 # ## (`) # Jan 31, 18 Last 1 Year 7.66 6.42 7.22 10,766 10,642 10,722 Jun 21, 16 Since Inception 7.99 7.30 6.64 12,225 12,022 11,829 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception. HDFC FMP 1128D June 2016 (1) NAV as on Jan 31, 2019 ` 12.6231 # ## (`) # Jan 31, 18 Last 1 Year 8.20 6.42 7.22 10,820 10,642 10,722 Jun 29, 16 Since Inception 9.40 7.16 6.62 12,623 11,962 11,808 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception. HDFC FMP 1112D June 2016 (1) NAV as on Jan 31, 2019 ` 12.1438 # ## (`) # Jan 31, 18 Last 1 Year 7.27 6.42 7.22 10,727 10,642 10,722 Jul 07, 16 Since Inception 7.85 6.97 6.60 12,144 11,891 11,786 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception. ANIL BAMBOLI HDFC Dynamic Debt Fund NAV as on Jan 31, 2019 ` 62.1014 # ## (`) # Jan 31, 18 Last 1 Year 2.76 6.42 7.16 10,276 10,642 10,716 Jan 29, 16 Last 3 Years 7.02 7.67 6.58 12,263 12,490 12,113 Jan 31, 14 Last 5 Years 8.67 9.10 8.10 15,160 15,461 14,764 Jan 01, 13 Since Inception 8.19 8.19 6.61 16,142 16,141 14,761 # crisil Composite Bond Fund Index ## Crisil 10 year Gilt Index. HDFC Short Term Debt Fund NAV as on Jan 31, 2019 ` 20.4658 # ## (`) # Jan 31, 18 Last 1 Year 7.35 7.10 7.22 10,735 10,710 10,722 Jan 29, 16 Last 3 Years 7.78 7.53 6.73 12,527 12,441 12,166 Jan 31, 14 Last 5 Years 8.55 8.30 7.38 15,073 14,902 14,282 Jan 01, 13 Since Inception 8.51 8.29 7.13 16,441 16,238 15,202 # Crisil Short Term Bond Fund Index ## Crisil 1 year T-Bill Index. HDFC GILT FUND NAV as on Jan 31, 2019 ` 37.5657 # ## (`) # Jan 31, 18 Last 1 Year 6.65 7.82 7.16 10,665 10,782 10,716 Jan 29, 16 Last 3 Years 8.45 7.49 6.58 12,762 12,428 12,113 Jan 31, 14 Last 5 Years 9.89 9.21 8.10 16,027 15,541 14,764 Jan 01, 13 Since Inception 8.41 7.81 6.61 16,348 15,805 14,761 # CRISIL Dynamic Gilt Index ## Crisil 10 year Gilt Index. HDFC BANKING AND PSU DEBT FUND NAV as on Jan 31, 2019 ` 14.9194 # ## (`) # Jan 31, 18 Last 1 Year 6.52 7.10 7.22 10,652 10,710 10,722 Jan 29, 16 Last 3 Years 8.02 7.53 6.73 12,613 12,441 12,166 Mar 26, 14 Since Inception 8.59 8.21 7.34 14,919 14,667 14,104 # Crisil Short Term Bond Fund Index ## Crisil 1 year T-Bill Index. Performance of close-ended schemes, being close-ended in nature, is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended schemes is primarily buy-and-hold whereas open-ended schemes are actively managed. Past performance may or may not be sustained in the future. greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. n.a.: Not Available January 2019 61
SCHEME PERFORMANCE - DIRECT PLAN - GROWTH OPTION (FUND MANAGER-WISE) ANIL BAMBOLI...CONTINUED HDFC MONEY MARKET FUND NAV as on Jan 31, 2019 ` 3859.7657 # ## (`) # Jan 31, 18 Last 1 Year 7.73 7.68 7.22 10,773 10,768 10,722 Jan 31, 16 Last 3 Years 7.33 7.27 6.73 12,365 12,346 12,161 Jan 31, 14 Last 5 Years 7.88 7.81 7.38 14,613 14,571 14,282 Dec 31, 12 Since Inception 8.12 8.02 7.13 16,088 15,997 15,208 # Crisil Liquid Fund Index ## Crisil 1 year T-Bill Index. HDFC OVERNIGHT FUND NAV as on Jan 31, 2019 ` 2794.5875 # ## (`) # Jan 24, 19 Last 7 days 6.25 6.37 9.44 10,012 10,012 10,018 Jan 16, 19 Last 15 days 6.28 6.44 9.43 10,026 10,026 10,039 Dec 31, 18 Last 1 Month 6.26 6.40 8.91 10,053 10,054 10,076 Jan 31, 18 Last 1 Year 6.24 6.21 7.22 10,624 10,621 10,722 Jan 31, 16 Last 3 Years 6.19 6.20 6.73 11,975 11,978 12,161 Jan 31, 14 Last 5 Years 6.81 6.88 7.38 13,902 13,950 14,282 Dec 31, 12 Since Inception 7.06 7.14 7.13 15,151 15,219 15,208 less than 1 year period are simple annualized. # CRISIL Overnight Index ## Crisil 1 year T-Bill Index. HDFC CHARITY FUND FOR CANCER CURE - DEBT PLAN^ # NAV as on Jan 31, 2019 ` 10.3832 ## (`) # Jan 31, 18 Last 1 Year 7.03 7.10 7.22 10,703 10,710 10,722 Mar 27, 17 Since Inception 7.10 6.43 6.44 11,353 11,222 11,223 # CRISIL Short Term Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception. ^ offers Dividend option only. of HDFC Charity Fund for Cancer Cure - Debt Plan - Direct Plan are computed based on NAV of Dividend Option and all dividends (after statutory levy) are assumed to be reinvested in the units of the scheme at the then prevailing NAV (ex-dividend NAV). HDFC FMP 1846D AUGUST 2013 (1) NAV as on Jan 31, 2019 ` 15.8921 # ## (`) # Jan 31, 18 Last 1 Year 6.41 6.42 7.22 10,641 10,642 10,722 Jan 29, 16 Last 3 Years 7.28 7.67 6.73 12,353 12,490 12,166 Jan 31, 14 Last 5 Years 8.53 9.10 7.38 15,059 15,461 14,282 Aug 14, 13 Since Inception 8.84 9.15 7.52 15,892 16,143 14,868 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The scheme is managed by Mr. Anil Bamboli since inception. HDFC FMP 1175D JANUARY 2014 (1) NAV as on Jan 31, 2019 ` 15.7721 # ## (`) # Jan 31, 18 Last 1 Year 8.31 6.42 7.22 10,831 10,642 10,722 Jan 29, 16 Last 3 Years 8.02 7.67 6.73 12,611 12,490 12,166 Feb 05, 14 Since Inception 9.56 9.05 7.40 15,772 15,408 14,276 # Crisil Short Composite Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 5 years. The scheme is managed by Mr. Anil Bamboli since inception. HDFC FMP 370D MARCH 2014 (1) NAV as on Jan 31, 2019 ` 14.6578 # ## (`) # Jan 31, 18 Last 1 Year 7.19 7.10 7.22 10,719 10,710 10,722 Jan 29, 16 Last 3 Years 7.42 7.53 6.73 12,402 12,441 12,166 Mar 05, 14 Since Inception 8.10 8.29 7.38 14,658 14,788 14,190 # Crisil Short Term Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 5 years. The scheme is managed by Mr. Anil Bamboli since inception. HDFC FMP 793D FEBRUARY 2014 (1) NAV as on Jan 31, 2019 ` 15.0631 # ## (`) # Jan 31, 18 Last 1 Year 7.19 7.10 7.22 10,719 10,710 10,722 Jan 29, 16 Last 3 Years 7.18 7.53 6.73 12,321 12,441 12,166 Feb 26, 14 Since Inception 8.66 8.30 7.38 15,063 14,820 14,208 # Crisil Short Term Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 5 years. The scheme is managed by Mr. Anil Bamboli since inception. HDFC FMP 1111D SEPTEMBER 2016 (1) NAV as on Jan 31, 2019 ` 12.2800 # ## (`) # Jan 31, 18 Last 1 Year 8.44 6.42 7.22 10,844 10,642 10,722 Sep 15, 16 Since Inception 9.02 5.99 6.54 12,280 11,484 11,625 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception. HDFC FMP 1309D SEPTEMBER 2016 (1) NAV as on Jan 31, 2019 ` 12.1481 # ## (`) # Jan 31, 18 Last 1 Year 7.23 6.42 7.22 10,723 10,642 10,722 Sep 20, 16 Since Inception 8.58 5.99 6.53 12,148 11,476 11,613 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception. HDFC FMP 1302D SEPTEMBER 2016 (1) NAV as on Jan 31, 2019 ` 12.1023 # ## (`) # Jan 31, 18 Last 1 Year 7.10 6.42 7.22 10,710 10,642 10,722 Sep 28, 16 Since Inception 8.49 5.67 6.51 12,102 11,378 11,592 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception. HDFC FMP 1218D DECEMBER 2016 (1) NAV as on Jan 31, 2019 ` 11.6643 # ## (`) # Jan 31, 18 Last 1 Year 7.67 6.42 7.22 10,767 10,642 10,722 Jan 12, 17 Since Inception 7.79 4.72 6.40 11,664 10,992 11,358 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception. Performance of close-ended schemes, being close-ended in nature, is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended schemes is primarily buy-and-hold whereas open-ended schemes are actively managed. Past performance may or may not be sustained in the future. greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. n.a.: Not Available 62 January 2019
SCHEME PERFORMANCE - DIRECT PLAN - GROWTH OPTION (FUND MANAGER-WISE) ANIL BAMBOLI...CONTINUED HDFC FMP 1199D JANUARY 2017 (1) NAV as on Jan 31, 2019 ` 11.5554 # ## (`) # Jan 31, 18 Last 1 Year 7.28 6.42 7.22 10,728 10,642 10,722 Jan 31, 17 Since Inception 7.50 4.78 6.43 11,555 10,979 11,328 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception. HDFC FMP 1150D FEBRUARY 2017 (1) NAV as on Jan 31, 2019 ` 11.3735 # ## (`) # Jan 31, 18 Last 1 Year 7.24 6.42 7.22 10,724 10,642 10,722 Feb 22, 17 Since Inception 6.86 6.02 6.47 11,374 11,201 11,294 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception. CO-MANAGED BY PRASHANT JAIN & SHOBHIT MEHROTRA HDFC Hybrid Debt Fund NAV as on Jan 31, 2019 ` 45.8214 # ## (`) # Jan 31, 18 Last 1 Year 1.06 5.46 7.16 10,106 10,546 10,716 Jan 29, 16 Last 3 Years 9.20 8.50 6.58 13,032 12,780 12,113 Jan 31, 14 Last 5 Years 10.98 9.61 8.10 16,843 15,827 14,764 Jan 01, 13 Since Inception 9.43 8.60 6.61 17,308 16,523 14,761 # NIFTY 50 Hybrid Composite Debt 15:85 Index ## CRISIL 10 year Gilt Index. Refer to note on performance disclosure on Page no. 32. CO-MANAGED BY ANIL BAMBOLI & MITEN LATHIA HDFC FMP 1155D FEBRUARY 2017 (1) NAV as on Jan 31, 2019 ` 11.3529 # ## (`) # Jan 31, 18 Last 1 Year 7.06 6.42 7.22 10,706 10,642 10,722 Feb 16, 17 Since Inception 6.70 5.78 6.49 11,353 11,162 11,309 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception. HDFC FMP 1178D FEBRUARY 2017 (1) NAV as on Jan 31, 2019 ` 11.6115 # ## (`) # Jan 31, 18 Last 1 Year 7.44 6.42 7.22 10,744 10,642 10,722 Feb 22, 17 Since Inception 8.01 6.02 6.47 11,612 11,201 11,294 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception. HDFC FMP 1169D FEBRUARY 2017 (1) NAV as on Jan 31, 2019 ` 11.3568 # ## (`) # Jan 31, 18 Last 1 Year 7.07 6.42 7.22 10,707 10,642 10,722 Feb 03, 17 Since Inception 6.60 4.72 6.41 11,357 10,963 11,318 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception. HDFC FMP 1170D FEBRUARY 2017 (1) NAV as on Jan 31, 2019 ` 11.5588 # ## (`) # Jan 31, 18 Last 1 Year 7.17 6.42 7.22 10,717 10,642 10,722 Mar 01, 17 Since Inception 7.83 6.05 6.48 11,559 11,194 11,282 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception. MITEN LATHIA HDFC Capital Builder Value Fund NAV as on Jan 31, 2019 ` 294.507 # ## (`) # Jan 31, 18 Last 1 Year -7.97-5.95-0.35 9,203 9,405 9,965 Jan 29, 16 Last 3 Years 15.11 13.80 14.20 15,271 14,753 14,910 Jan 31, 14 Last 5 Years 18.52 15.15 13.61 23,398 20,256 18,930 Jan 01, 13 Since Inception 16.26 12.23 11.71 25,017 20,175 19,622 # NIFTY 500 (Total Index) ## NIFTY 50 (Total Index). HDFC DYNAMIC PE RATIO FUND OF FUNDS NAV as on Jan 31, 2019 ` 18.801 # ## (`) # Jan 31, 18 Last 1 Year -2.72 2.18-0.35 9,728 10,218 9,965 Jan 29, 16 Last 3 Years 12.74 12.00 14.20 14,345 14,063 14,910 Jan 31, 14 Last 5 Years 10.49 12.11 13.61 16,468 17,716 18,930 Jan 01, 13 Since Inception 9.40 10.58 11.71 17,279 18,442 19,622 # NIFTY 50 Hybrid Composite Debt 65:35 Index ## NIFTY 50 (Total Index). performance may not strictly be comparable with that of its in view of hybrid nature of the scheme where a portion of scheme s investments are made in equity instruments. The scheme is managed by Mr. Anil Bamboli & Miten Lathia since June 27, 2014. CO-MANAGED BY CHIRAG SETALVAD, ANIL BAMBOLI & KRISHAN KUMAR DAGA HDFC Multi - Asset Fund NAV as on Jan 31, 2019 ` 31.8470 # ## (`) # Jan 31, 18 Last 1 Year -1.31 3.00-0.35 9,869 10,300 9,965 Jan 29, 16 Last 3 Years 7.10 11.65 14.20 12,291 13,929 14,910 Jan 31, 14 Last 5 Years 9.31 11.37 13.61 15,610 17,137 18,930 Jan 01, 13 Since Inception 8.72 9.79 11.71 16,631 17,649 19,622 # 90% NIFTY 50 Hybrid Composite Debt 65:35 Index + 10% Domestic Price of Gold ## Nifty 50 (Total Index). The formerly, a debt oriented hybrid fund, has undergone change in Fundamental attributes w.e.f. May 23, 2018 and become a multi asset fund investing in equities, debt and gold. Accordingly, the s benchmark and additional benchmarks have also changed. Hence, the past performance of the since inception till May 22, 2018 may not strictly be comparable with those of the new benchmark and the additional benchmark. performance may not strictly be comparable with that of its in view of hybrid nature of the scheme where a portion of scheme s investments are made in debt instruments and gold. CO-MANAGED BY VINAY KULKARNI, KRISHAN KUMAR DAGA & ANIL BAMBOLI HDFC EQUITY SAVINGS FUND NAV as on Jan 31, 2019 ` 37.6280 # ## (`) # Jan 31, 18 Last 1 Year 1.72 4.11-0.35 10,172 10,411 9,965 Jan 29, 16 Last 3 Years 12.79 8.68 14.20 14,363 12,846 14,910 Jan 31, 14 Last 5 Years 10.96 9.23 13.61 16,827 15,555 18,930 Jan 01, 13 Since Inception 10.01 8.87 11.71 17,874 16,771 19,622 # 40% NIFTY 50 Arbitrage Index, 30% Crisil Short Term Bond Fund Index and 30% NIFTY 50 (Total Index) ## Nifty 50 (Total Index). performance may not strictly be comparable with that of its, since a portion of scheme s investments are made in equity instruments. Performance of close-ended schemes, being close-ended in nature, is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended schemes is primarily buy-and-hold whereas open-ended schemes are actively managed. Past performance may or may not be sustained in the future. greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. n.a.: Not Available January 2019 63
SCHEME PERFORMANCE - DIRECT PLAN - GROWTH OPTION (FUND MANAGER-WISE) 64 January 2019 CO-MANAGED BY KRISHAN KUMAR DAGA & ANIL BAMBOLI HDFC DAF - II - 1160D JANUARY 2016 NAV as on Jan 31, 2019 ` 12.7536 # ## (`) # Jan 31, 18 Last 1 Year 5.99 5.31 7.22 10,599 10,531 10,722 Feb 04, 16 Since Inception 8.47 9.51 6.74 12,754 13,125 12,155 # NIFTY 50 Hybrid Short Duration Debt 25:75 Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is co-managed by Mr. Krishan Kumar Daga & Anil Bamboli since inception. HDFC DAF - II - 1099D MARCH 2016 NAV as on Jan 31, 2019 ` 12.3661 # ## (`) # Jan 31, 18 Last 1 Year 5.86 5.31 7.22 10,586 10,531 10,722 Apr 12, 16 Since Inception 7.86 9.14 6.64 12,366 12,779 11,977 # NIFTY 50 Hybrid Short Duration Debt 25:75 Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is co-managed by Mr. Krishan Kumar Daga & Anil Bamboli since inception. HDFC DAF - II - 1111D April 2016 NAV as on Jan 31, 2019 ` 12.2311 # ## (`) # Jan 31, 18 Last 1 Year 5.30 5.31 7.22 10,530 10,531 10,722 May 12, 16 Since Inception 7.68 9.00 6.65 12,231 12,645 11,917 # NIFTY 50 Hybrid Short Duration Debt 25:75 Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is co-managed by Mr. Krishan Kumar Daga & Anil Bamboli since inception. HDFC DAF - III - 1304D AUGUST 2016 NAV as on Jan 31, 2019 ` 11.8066 # ## (`) # Jan 31, 18 Last 1 Year 5.76 4.24 7.22 10,576 10,424 10,722 Sep 12, 16 Since Inception 7.21 8.63 6.52 11,807 12,184 11,627 # NIFTY 50 Hybrid Short Duration Debt 40:60 Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is co-managed by Mr. Krishan Kumar Daga & Anil Bamboli since inception. HDFC DAF - III - 1267D OCTOBER 2016 NAV as on Jan 31, 2019 ` 11.6347 # ## (`) # Jan 31, 18 Last 1 Year 5.73 4.24 7.22 10,573 10,424 10,722 Oct 25, 16 Since Inception 6.90 8.85 6.45 11,635 12,120 11,522 # NIFTY 50 Hybrid Short Duration Debt 40:60 Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is co-managed by Mr. Krishan Kumar Daga & Anil Bamboli since inception. HDFC DAF - III - 1224D NOVEMBER 2016 NAV as on Jan 31, 2019 ` 11.5267 # ## (`) # Jan 31, 18 Last 1 Year 5.87 5.31 7.22 10,587 10,531 10,722 Dec 07, 16 Since Inception 6.83 8.82 6.42 11,527 11,994 11,431 # NIFTY 50 Hybrid Short Duration Debt 25:75 Index ## Crisil 1 year T-Bill Index. The is in existence for more than 1 year but less than 3 years. The scheme is co-managed by Mr. Krishan Kumar Daga & Anil Bamboli since inception. CO-MANAGED BY CHIRAG SETALVAD & SHOBHIT MEHROTRA HDFC Retirement Savings Fund - Equity plan # NAV as on Jan 31, 2019 ` 17.006 ## (`) # Jan 31, 18 Last 1 Year -6.03-5.95-0.35 9,397 9,405 9,965 Feb 25, 16 Since Inception 19.84 17.54 17.80 17,006 16,067 16,173 # Nifty 500 (Total Index) ## Nifty 50 (Total Index). HDFC Retirement Savings Fund - Hybrid Equity plan # NAV as on Jan 31, 2019 ` 16.790 ## (`) # Jan 31, 18 Last 1 Year 0.09 2.18-0.35 10,009 10,218 9,965 Feb 25, 16 Since Inception 19.32 14.46 17.80 16,790 14,864 16,173 # NIFTY 50 Hybrid Composite Debt 65:35 Index ## Nifty 50 (Total Index). HDFC Retirement Savings Fund - Hybrid Debt plan # NAV as on Jan 31, 2019 ` 13.3910 ## (`) # Jan 31, 18 Last 1 Year 2.57 5.46 7.16 10,257 10,546 10,716 Feb 26, 16 Since Inception 10.47 9.36 6.82 13,391 13,000 12,133 # NIFTY 50 Hybrid Composite Debt 15:85 Index ## Crisil 10 Year Gilt Index. Performance of close-ended schemes, being close-ended in nature, is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended schemes is primarily buy-and-hold whereas open-ended schemes are actively managed. Past performance may or may not be sustained in the future. greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. n.a.: Not Available PERFORMANCE OF CATEGORY I - FPI (MANAGED BY PRASHANT JAIN) Managing Portfolio Since (As on January 31, 2019) Last 1 year Last 3 years Last 5 years Category I - FPI Portfolio (managed under a bilateral agreement under March 22, 2016-1.35 N.A. N.A. Regulation 24(b) and subject to applicable laws) - MSCI India (Total ) -2.08 N.A. N.A. Past performance may or may not be sustained in the future. greater than 1 year period are compounded annualised (CAGR). The above returns are computed using the Time Weighted Rate of Return (TWRR) methodology, to make them more comparable with the mutual fund scheme's returns. Inception date is March 22, 2016. The performance is not comparable with the performance of the aforementioned scheme(s) of HDFC Mutual Fund due to differing /s and fundamental differences in asset allocation, investment strategy and the regulatory environment. The said disclosure is pursuant to SEBI Circular no. Cir/IMD/DF/7/2012 dated February 28, 2012 pertaining to Regulation 24(b) of SEBI (Mutual Funds) Regulations, 1996. FPI - Foreign Portfolio Investor.
Dividend History ^ HDFC Equity Fund (Past 3 years) Record Date Regular Plan Direct Plan Dividend Option Cum Div Dividend per Unit (`) For Cum Div Dividend per Unit (`) For NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others Mar 17, 16 45.848 4.50 4.50 47.059 4.50 4.50 Mar 23, 17 54.903 5.00 5.00 56.993 5.00 5.00 Mar 22, 18 55.480 5.50 5.50 58.320 5.50 5.50 HDFC Top 100 Fund (Past 3 years) Record Date Regular Plan Direct Plan Dividend Option Cum Div Dividend per Unit (`) For Cum Div Dividend per Unit (`) For NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others Mar 03, 16 43.228 3.50 3.50 44.146 3.50 3.50 Mar 09, 17 52.759 4.50 4.50 54.388 4.50 4.50 Mar 06, 18 54.454 6.00 6.00 56.705 6.00 6.00 HDFC Capital Builder Value Fund (Past 3 years) Record Date Regular Plan Direct Plan Dividend Option Cum Div Dividend per Unit (`) For Cum Div Dividend per Unit (`) For NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others Feb 25, 16 23.429 2.75 2.75 23.920 2.75 2.75 Mar 01, 17 28.767 3.00 3.00 29.796 3.00 3.00 Feb 22, 18 31.809 3.50 3.50 33.423 3.50 3.50 HDFC Focused 30 Fund (Past 3 years) Record Date Regular Plan Direct Plan Dividend Option Cum Div Dividend per Unit (`) For Cum Div Dividend per Unit (`) For NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others Feb 25, 16 16.580 2.00 2.00 16.988 2.00 2.00 Mar 01, 17 20.219 2.00 2.00 21.216 2.00 2.00 Feb 22, 18 21.508 2.25 2.25 22.914 2.25 2.25 HDFC Arbitrage Fund Normal Dividend Option (Past 3 months) Record Date Wholesale Plan Direct Plan Cum Div Dividend per Unit (`) For Cum Div Dividend per Unit (`) For NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others Nov 22, 18 10.468 0.050 0.050 10.816 0.050 0.050 Dec 20, 18 10.441 0.050 0.050 10.794 0.050 0.050 Jan 24, 19 10.439 0.050 0.050 10.799 0.050 0.050 Monthly Dividend Option (Past 3 months) Record Date Wholesale Plan Wholesale Plan - Direct Plan Cum Div Dividend per Unit (`) For Cum Div Dividend per Unit (`) For NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others Nov 22, 18 10.879 0.050 0.050 10.542 0.050 0.050 Dec 20, 18 10.853 0.050 0.050 10.519 0.050 0.050 Jan 24, 19 10.854 0.050 0.050 10.523 0.050 0.050 HDFC Growth Opportunities Fund (Past 3 years) Record Date Regular Plan Direct Plan Dividend Option Cum Div Dividend per Unit (`) For Cum Div Dividend per Unit (`) For NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others Feb 18, 16 - - - 19.186 1.75 1.75 Feb 23, 17 22.342 2.25 2.25 24.880 2.25 2.25 Mar 01, 18 22.901 2.25 2.25 25.854 2.25 2.25 HDFC Small Cap Fund (Past 3 years) Record Date Regular Plan Direct Plan Dividend Option Cum Div Dividend per Unit (`) For Cum Div Dividend per Unit (`) For NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others Feb 25, 16 17.986 2.00 2.00 18.565 1.99 1.99 Mar 01, 17 22.892 2.00 2.00 24.040 2.00 2.00 Mar 22, 18 28.810 2.75 2.75 30.776 1.00 1.00 HDFC Hybrid Equity Fund (Past 3 quarters) Record Date Regular Plan Direct Plan Dividend Option Cum Div Dividend per Unit (`) For Cum Div Dividend per Unit (`) For NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others Jun 25, 18 12.614 0.320 0.320 13.183 0.320 0.320 Sep 25, 18 12.214 0.320 0.320 12.822 0.320 0.320 Dec 26, 18 11.943 0.320 0.320 12.587 0.320 0.320 HDFC Balanced Advantage Fund (Past 3 months) Record Date Regular Plan Direct Plan Dividend Option Cum Div Dividend per Unit (`) For Cum Div Dividend per Unit (`) For NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others Nov 26, 18 28.933 0.310 0.310 30.368 0.310 0.310 Dec 26, 18 28.925 0.310 0.310 30.398 0.310 0.310 Jan 25, 19 28.413 0.310 0.310 29.901 0.310 0.310 HDFC TaxSaver (Past 3 years) Dividend Option (An open-ended equity linked savings scheme with a lock-in period of 3 years) Record Date Regular Plan Direct Plan Cum Div Dividend per Unit (`) For Cum Div Dividend per Unit (`) For NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others Mar 10, 16 53.821 6.00 6.00 54.911 6.00 6.00 Mar 16, 17 66.383 6.50 6.50 68.370 6.50 6.50 Mar 15, 18 66.562 7.00 7.00 69.256 7.00 7.00 HDFC Infrastructure Fund (Past 3 years) Record Date Regular Plan Direct Plan Dividend Option Cum Div Dividend per Unit (`) For Cum Div Dividend per Unit (`) For NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others Mar 17, 16 12.129 1.000 1.000 - - - Mar 23, 17 14.388 1.500 1.500 17.736 1.500 1.500 Mar 15, 18 14.630 1.750 1.750 18.570 1.750 1.750 HDFC Hybrid Debt Fund Monthly Dividend Option (Past 3 months) Record Date Regular Plan Direct Plan Cum Div Dividend per Unit (`) For Cum Div Dividend per Unit (`) For NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others Nov 26, 18 13.1282 0.0800 0.0741 13.6555 0.0800 0.0741 Dec 26, 18 - - - 13.7799 0.0800 0.0741 Jan 25, 19 13.0436 0.0800 0.0741 13.5880 0.0800 0.0741 Quarterly Dividend Option (Past 3 quarters) Record Date Regular Plan Direct Plan Cum Div Dividend per Unit (`) For Cum Div Dividend per Unit (`) For NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others Jun 25, 18 14.1797 0.2400 0.2222 14.6858 0.2400 0.2222 Sep 25, 18 13.9404 0.2400 0.2222 14.4729 0.2400 0.2222 Dec 26, 18 14.0426 0.2400 0.2222 - - - HDFC Mid-Cap Opportunities Fund (Past 3 years) Record Date Regular Plan Direct Plan Dividend Option Cum Div Dividend per Unit (`) For Cum Div Dividend per Unit (`) For NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others Mar 23, 16 25.133 1.50 1.50 28.582 1.50 1.50 Mar 23, 17 31.806 2.25 2.25 36.789 2.25 2.25 Mar 01, 18 34.912 3.00 3.00 41.189 3.00 3.00 HDFC Equity Savings Fund (Past 3 quarters) Dividend Option Record Date Regular Plan Direct Plan Cum Div Dividend per Unit (`) For Cum Div Dividend per Unit (`) For NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others Jun 25, 18 11.4760 0.2210 0.2210 12.1520 0.2210 0.2210 Sep 25, 18 11.4350 0.2210 0.2210 12.1760 0.2210 0.2210 Dec 26, 18 11.1540 0.2210 0.2210 11.9350 0.2210 0.2210 ^ Past performance may or may not be sustained in the future. There is no assurance or guarantee to Unit holders as to rate/quantum of dividend distribution nor that the dividends will be paid regularly. After payment of the dividend, the per Unit NAV falls to the extent of the payout and statutory levy, if any. Please log on to www.hdfcfund.com for Record Date-wise listing of dividends declared. January 2019 65
Dividend History ^ HDFC Multi-Asset Fund (Past 3 years) Dividend Option Record Date Regular Plan Direct Plan Cum Div Dividend per Unit (`) For Cum Div Dividend per Unit (`) For NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others Mar 03, 16 11.9008 0.7223 0.6692 12.5570 0.7223 0.6692 Mar 09, 17 12.3216 0.7945 0.7361 13.1369 0.7945 0.7361 Mar 01, 18 12.2077 0.7945 0.7361 13.1690 0.7945 0.7361 HDFC Income Fund (Past 3 quarters) Quarterly Dividend Option Record Date Regular Plan Direct Plan Cum Div Dividend per Unit (`) For Cum Div Dividend per Unit (`) For NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others Jun 25, 18 10.7511 0.0500 0.0463 11.2820 0.0500 0.0463 Sep 25, 18 10.7248 0.0500 0.0463 11.2729 0.0500 0.0463 Dec 26, 18 11.0359 0.1500 0.1389 11.6180 0.1500 0.1389 HDFC Dynamic Debt Fund Quarterly Dividend Option (Past 3 quarters) Record Date Regular Plan Direct Plan Cum Div Dividend per Unit (`) For Cum Div Dividend per Unit (`) For NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others Jun 25, 18 11.7857 0.0500 0.0463 12.3138 0.0500 0.0463 Sep 25, 18 11.7741 0.0500 0.0463 12.3239 0.0500 0.0463 Dec 26, 18 12.1230 0.1500 0.1389 12.7115 0.1500 0.1389 Half-yearly (Dividend Option) (Past 2 years) Record Date Regular Plan Direct Plan Cum Div Dividend per Unit (`) For Cum Div Dividend per Unit (`) For NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others Sep 25, 17 11.8876 0.3000 0.2779 12.8166 0.3000 0.2779 Mar 26, 18 11.3726 0.1000 0.0926 12.3307 0.1000 0.0926 Sep 25, 18 11.2951 0.1000 0.0926 - - - Yearly (Dividend Option) (Past 3 years) Record Date Regular Plan Direct Plan Cum Div Dividend per Unit (`) For Cum Div Dividend per Unit (`) For NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others Mar 28, 16 13.0240 0.4000 0.3706 13.4221 0.4500 0.4169 Mar 27, 17 13.8526 0.8500 0.7875 14.3149 0.8500 0.7875 Mar 26, 18 13.0626 0.4000 0.3706 13.6262 0.4000 0.3706 HDFC Medium Term Debt Fund Normal Dividend Option (Past 3 months) Record Date Regular Plan Direct Plan Cum Div Dividend per Unit (`) For Cum Div Dividend per Unit (`) For NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others May 11, 17 - - - 10.6307 0.0150 0.0139 May 25, 17 - - - 10.6651 0.0398 0.0369 Jun 12, 17 - - - 10.6935 0.0603 0.0559 Jul 10, 17 - - - 10.6603 0.0363 0.0337 HDFC Corporate Bond Fund Quarterly Dividend Option (Past 3 quarters) Record Date Regular Plan Direct Plan Cum Div Dividend per Unit (`) For Cum Div Dividend per Unit (`) For NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others Jun 25, 18 10.2326 0.0468 0.0433 10.1312 0.0489 0.0453 Sep 25, 18 10.2690 0.0731 0.0677 10.1666 0.0745 0.0690 Dec 26, 18 10.5053 0.2431 0.2251 10.3997 0.2423 0.2244 HDFC Gilt Fund (Dividend Option) (Past 3 quarters) Record Date Regular Plan Direct Plan Cum Div Dividend per Unit (`) For Cum Div Dividend per Unit (`) For NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others Jun 25, 18 10.9117 0.0500 0.0463 11.2117 0.0500 0.0463 Sep 25, 18 10.9269 0.0500 0.0463 11.2391 0.0500 0.0463 Dec 26, 18 11.3169 0.1500 0.1389 11.6527 0.1500 0.1389 HDFC Liquid Fund Monthly Dividend Option (Past 3 months) Record Date Regular Plan Direct Plan Cum Div Dividend per Unit (`) For Cum Div Dividend per Unit (`) For NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others Nov 26, 18 1032.2820 4.3090 3.9901 1032.3610 4.3659 4.0428 Dec 31, 18 1,033.5223 5.2024 4.8174 1,033.6176 5.2710 4.8810 Jan 28, 19 1,031.9180 4.0468 3.7473 1,031.9970 4.1037 3.8000 HDFC Floating Rate Debt Fund Monthly Dividend Option (Past 3 months) Record Date Wholesale Option Wholesale Option - Direct Plan Cum Div Dividend per Unit (`) For Cum Div Dividend per Unit (`) For NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others Nov 26, 18 10.2162 0.0519 0.0481 10.2173 0.0527 0.0488 Dec 31, 18 - - - 10.2385 0.0680 0.0630 Jan 28, 19 10.2111 0.0483 0.0447 10.2123 0.0491 0.0455 Record Date Retail Option Cum Div Dividend per Unit (`) For NAV (`) Individuals & HUF Others Nov 26, 18 10.2145 0.0507 0.0470 Dec 31, 18 10.2351 0.0655 0.0607 Jan 28, 19 10.2095 0.0471 0.0436 HDFC Low Duration Fund Monthly Dividend Option (Past 3 months) Record Date Retail Option Retail Option - Direct Plan Cum Div Dividend per Unit (`) For Cum Div Dividend per Unit (`) For NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others Nov 26, 18 10.2093 0.0499 0.0462 10.2166 0.0534 0.0494 Dec 31, 18 10.2312 0.0657 0.0608 10.2393 0.0697 0.0646 Jan 28, 19 10.2031 0.0455 0.0421 10.2103 0.0488 0.0452 Record Date Wholesale Option Cum Div Dividend per Unit (`) For NAV (`) Individuals & HUF Others Nov 26, 18 10.2339 0.0532 0.0493 Dec 31, 18 10.2564 0.0694 0.0643 Jan 28, 19 10.2275 0.0486 0.0450 HDFC Credit Risk Debt Fund Half-yearly Dividend Option (Past 2 years) Record Date Regular Plan Direct Plan Cum Div Dividend per Unit (`) For Cum Div Dividend per Unit (`) For NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others Mar 27, 17 10.9005 0.3051 0.2827 10.9506 0.3412 0.3161 Sep 25, 17 10.8965 0.3159 0.2927 10.9481 0.1390 0.1288 Mar 26, 18 10.6549 0.2889 0.2676 11.0050 0.4355 0.4035 Jun 25, 18 10.3049 0.0370 0.0343 10.4776 0.0763 0.0707 Sep 25, 18 10.3274 0.0533 0.0493 10.4663 0.0680 0.0630 Dec 26, 18 10.5547 0.2168 0.2007 10.6929 0.2312 0.2141 HDFC Ultra Short Term Fund Monthly Dividend Option (Past 3 months) Record Date Regular Plan Direct Plan Cum Div Dividend per Unit (`) For Cum Div Dividend per Unit (`) For NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others Nov 26, 18 10.1175 0.0486 0.0450 10.1202 0.0506 0.0468 Dec 31, 18 10.1390 0.0641 0.0594 10.1422 0.0664 0.0615 Jan 28, 19 10.1146 0.0465 0.0431 10.1169 0.0482 0.0446 ^ Past performance may or may not be sustained in the future. There is no assurance or guarantee to Unit holders as to rate/quantum of dividend distribution nor that the dividends will be paid regularly. After payment of the dividend, the per Unit NAV falls to the extent of the payout and statutory levy, if any. Please log on to www.hdfcfund.com for Record Date-wise listing of dividends declared. 66 January 2019
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