HDFC Gilt Fund-Growth
(Scheme Rating)
NAV as of Dec 27, 2024
53.020.00%
(Earn upto 0.43% Extra Returns with Direct Plan)
Fund Category:
Debt: Gilt
Expense Ratio:
0.89%(0.96% Category
average)Fund Size:
Rs. 2,857.21 Cr(3.82% of Investment in Category)
- ADD TO PORTFOLIO
Loading...
ADD TO PORTFOLIO
HDFC Gilt Fund-Growth
(Scheme Rating)
NAV as of Dec 27, 2024
53.020.00%
Expense Ratio:
0.89%
Fund Size:
Rs. 2,857.21 Cr
Fund Category:
Debt: Gilt
HDFC Gilt Fund-Growth Fund Key Highlights
1. Current NAV: The Current Net Asset Value of the HDFC Gilt Fund as of Dec 27, 2024 is Rs 53.02 for Growth option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 8.62% (1yr), 5.63% (3yr), 6.02% (5yr) and 7.34% (since launch). Whereas, Category returns for the same time duration are: 8.652191121806451% (1yr), 5.826634223772552% (3yr) and 6.251562531863558% (5yr).
3. Fund Size: The HDFC Gilt Fund currently holds Assets under Management worth of Rs 2857.2093 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 0.89% for Regular plan as on Nov 30, 2024.
5. Exit Load: The given fund doesn't attract any Exit Load.
6. Minimum Investment: Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
1. Current NAV: The Current Net Asset Value of the HDFC Gilt Fund as of Dec 27, 2024 is Rs 53.02 for Growth option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 8.62% (1yr), 5.63% (3yr), 6.02% (5yr) and 7.34% (since launch). Whereas, Category returns for the same time duration are: 8.652191121806451% (1yr), 5.826634223772552% (3yr) and 6.251562531863558% (5yr).
3. Fund Size: The HDFC Gilt Fund currently holds Assets under Management worth of Rs 2857.2093 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 0.89% for Regular plan as on Nov 30, 2024.
5. Exit Load: The given fund doesn't attract any Exit Load.
6. Minimum Investment: Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
HDFC Gilt Fund-Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 0.53 0.67 3.97 8.65 5.73 5.97 Category Avg 0.50 0.63 3.83 8.78 5.89 6.16 Rank within Category 13 15 13 17 20 15 No. of funds within Category 33 33 32 31 27 24 - Loading...
- Loading...
Return Comparison
- This Fund
- BenchmarkSBI Magnum Gilt-G
Choose from Benchmarks
- S&P BSE Sensex
- Nifty 50
- 1M
- 3M
- 6M
- 1Y
- 5Y
Loading...
HDFC Gilt Fund-Growth Fund Details
Investment Objective - The scheme is a dedicated gilt scheme which seeks to generate reasonable returns with investments in government securities, securities guaranteed by GoI with medium to long term residual maturities.
| Fund House | HDFC Mutual Fund |
| Launch Date | Jul 25, 2001 |
| Benchmark | CRISIL Dynamic Gilt Index |
| Return Since Launch | 7.34% |
| Riskometer | Moderate |
| Type | Open-ended |
| Risk Grade | Below Average |
| Return Grade | Below Average |
HDFC Gilt Fund-Growth Investment Details
| Minimum Investment (Rs.) | 100.00 |
| Minimum Additional Investment (Rs.) | 100.00 |
| Minimum SIP Investment (Rs.) | 100.00 |
| Minimum Withdrawal (Rs.) | 100.00 |
| Exit Load | 0% |
Portfolio Allocation
Portfolio Aggregates
| Fund | 1Y High | 1Y Low | Category | |
|---|---|---|---|---|
| Modified Duration(Yrs) | 7.55 | 12.14 | 1.99 | 7.8996 |
| Average Maturity(Yrs) | 13.81 | 34.42 | 2.62 | 16.2534 |
| Yield to Maturity(%) | 6.93 | 7.6692 | 6.27 | 6.8978 |
| Avg Credit Rating | High | - | - | - |
Style Box
CREDIT RATING
INTEREST RATE SENSITIVITY
HighMediumLow
HighMediumLow
Investment / Portfolio Grades
| Security Type | Weight(%) | Category Avg(%) |
|---|---|---|
| Government Backed | 97.41 | 96.01 |
| Low Risk | - | 0.02 |
| Moderate Risk | - | - |
| High Risk | - | - |
| Very High Risk | - | - |
| Others | 2.59 | 3.85 |
Type of Holdings
| Security Type | Weight(%) | Category Avg(%) |
|---|---|---|
| GOI | 91.04 | 85.34 |
| CD | - | 0.02 |
| T-Bills | - | 1.56 |
| CP | - | - |
| NCD & Bonds | - | - |
| PTC | - | - |
| Cash & Others | 8.96 | 13.09 |
Debt Holding In Portfolio
| Instrument | Type | Sector | Rating | Value(Mn) | Total Holding(%) | Quantity |
|---|---|---|---|---|---|---|
| GOI | GOI Securities | Sovereign | SOV | 7,500.48 | 28.13 | - |
| GOI | GOI Securities | Sovereign | SOV | 4,885.60 | 18.32 | - |
| GOI | GOI Securities | Sovereign | SOV | 2,714.38 | 10.18 | - |
| GOI | GOI Securities | Sovereign | SOV | 2,477.29 | 9.29 | - |
| GOI | GOI Securities | Sovereign | SOV | 1,754.01 | 6.58 | - |
| GOI | GOI Securities | Sovereign | SOV | 1,634.93 | 6.13 | - |
| GOI | GOI Securities | Sovereign | SOV | 1,238.72 | 4.65 | - |
| GOI | GOI Securities | Sovereign | SOV | 886.62 | 3.32 | - |
| Gujarat State | State Development Loan | Construction | SOV | 509.47 | 1.91 | - |
| GOI | GOI Securities | Sovereign | SOV | 351.44 | 1.32 | - |
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y HDFC Gilt Fund-Growth 53.02 2,857.21 0.53 8.65 5.73 5.97 ICICI Prudential Gilt Fund-Growth 97.97 6,780.56 0.52 8.16 6.62 7.19 SBI Magnum Gilt Fund-Growth 63.33 10,979.09 0.46 8.83 6.82 6.96 UTI Gilt Fund Regular Plan-Growth 60.20 644.70 0.48 8.79 6.05 6.08 Quant Gilt Fund Regular - Growth 11.42 125.48 0.55 7.47 - -
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
Low Volatality
2.15VS2.26Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
Moderate Volatility
0.56VS0.56Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Poor risk-adjusted returns
-0.24VS-0.10Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Poor risk-adjusted returns
-0.92VS-0.41Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Poor risk-adjusted returns
-0.88VS-0.58Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Poor average monthly returns
5.37VS5.67Fund Vs Category Avg
Risk Ratio Chart
Loading...
- Risk Ratio
- Category Average
Size of Bubbles represents the Fund Size
Fund Manager
- A.B.Anil BamboliSince Sep 200713 schemes
- A.K.Amar KalkundrikarSince Jan 201923 schemes
Mr. Bamboli is a CFA from Association for Investment Management and Research, U.S.A, Masters in Management Studies (Finance) and a Graduate in Cost and Works Accountant from ICWAI. Prior to joining HDFC AMC he has worked with SBI Fund Management for 11 years.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y HDFC Balanced Advantage Fund-Growth Dynamic Asset Allocation 499.67 95,569.87 17.49 HDFC Dynamic PE Ratio FoF Regular- Growth Dynamic Asset Allocation 39.37 48.97 13.30 HDFC Short Term Debt Fund-Growth Short Duration 30.59 14,975.79 8.29 HDFC Children's Gift Fund Aggressive Hybrid 291.92 9,937.45 16.76 HDFC Asset Allocator FoF Regular - Growth Multi Asset Allocation 16.98 3,397.75 14.43 HDFC Ultra Short Term Fund Regular - Growth Ultra Short Duration 14.58 14,890.27 7.42 HDFC Banking and PSU Debt Fund Regular-Growth Banking and PSU 22.00 5,881.46 7.87 HDFC Arbitrage Fund Wholesale-Growth Arbitrage 29.62 16,790.62 7.69 HDFC Multi Asset Fund-Growth Multi Asset Allocation 66.99 3,817.76 14.09 HDFC Equity Savings Fund-Growth Equity Savings 63.61 5,516.22 10.67 HDFC Overnight Fund-Growth Overnight 3,691.44 12,133.19 6.59 HDFC Dynamic Debt Fund-Growth Dynamic Bond 86.12 790.76 8.59 HDFC Arbitrage Fund Retail-Growth Arbitrage 28.72 Unrated 16,790.62 7.56 Mr. Kalkundrikar has done B.Com, CA, CFA, and MBA from Columbia Business School. Prior to joining Nippon India Mutual Fund, he has worked with HDFC Asset Management Company Limited where he has handled multiple roles in Investment – Equity function such as Portfolio Management for PMS business, & performing Equity research in various sectors such as Consumer Staples, Consumer Discretionary, Retail, Construction Materials.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y HDFC Retirement Savings Fund Equity Plan Regular-Growth Flexi Cap 49.40 6,009.36 18.83 HDFC Focused 30 Fund-Growth Flexi Cap 215.83 15,520.74 24.76 HDFC Short Term Debt Fund-Growth Short Duration 30.59 14,975.79 8.29 Nippon India Consumption Fund-Growth Thematic-Consumption 193.12 2,188.23 19.97 HDFC Ultra Short Term Fund Regular - Growth Ultra Short Duration 14.58 14,890.27 7.42 HDFC Retirement Savings Fund - Hybrid Equity Plan Regular-Growth Aggressive Hybrid 37.64 1,582.92 14.89 HDFC Retirement Savings Fund - Hybrid Debt Plan Regular-Growth Conservative Hybrid 20.89 161.42 10.14 HDFC Top 100 Fund-Growth Large Cap 1,097.86 36,587.24 12.71 HDFC Hybrid Debt Fund-Growth Conservative Hybrid 79.15 3,322.28 10.57 HDFC Large and Mid Cap Fund Regular- Growth Large & MidCap 329.64 23,988.97 20.62 HDFC Mid-Cap Opportunities Fund-Growth Mid Cap 189.27 76,060.89 29.29 Nippon India Vision-Growth Large & MidCap 1,427.34 5,546.17 27.17 Nippon India Balanced Advantage Fund-Growth Dynamic Asset Allocation 169.49 8,850.28 13.86 HDFC Medium Term Debt Fund-Growth Medium Duration 53.80 3,987.62 8.03 HDFC Multi Asset Fund-Growth Multi Asset Allocation 66.99 3,817.76 14.09 HDFC Money Market Fund-Growth Money Market 5,490.40 26,787.61 7.63 HDFC Income Fund-Growth Medium to Long Duration 55.67 860.83 8.89 HDFC Liquid Fund-Growth Liquid 4,945.01 72,653.31 7.32 HDFC Low Duration Fund-Growth Low Duration 55.46 18,496.96 7.35 HDFC Overnight Fund-Growth Overnight 3,691.44 12,133.19 6.59 HDFC Infrastructure Fund-Growth Sectoral-Infrastructure 46.71 2,496.20 23.76 HDFC Small Cap Fund Regular-Growth Small Cap 138.91 33,841.89 21.29 HDFC Housing Opportunities Fund Regular - Growth Thematic 22.50 Unrated 1,408.40 15.85
More HDFC Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| HDFC Balanced Advantage Fund-Growth | 94,865.65 | -2.12 | -1.38 | 7.79 | 28.14 | 20.14 | |
| HDFC Mid-Cap Opportunities Fund-Growth | 75,037.43 | -3.52 | 0.40 | 15.07 | 37.37 | 24.62 | |
| HDFC Liquid Fund-Growth | 67,330.71 | 0.57 | 1.75 | 3.56 | 7.37 | 6.18 | |
| HDFC Flexi Cap Fund-Growth | 64,928.56 | -2.55 | 1.58 | 14.30 | 38.56 | 22.06 | |
| HDFC Top 100 Fund-Growth | 36,467.34 | -4.89 | -2.92 | 7.91 | 26.64 | 15.50 | |
| HDFC Small Cap Fund Regular-Growth | 33,504.02 | -2.65 | 1.02 | 14.55 | 30.09 | 22.20 | |
| HDFC Corporate Bond Fund-Growth | 32,072.16 | 0.51 | 2.22 | 4.68 | 8.72 | 6.15 | |
| HDFC Money Market Fund-Growth | 27,987.22 | 0.60 | 1.84 | 3.77 | 7.64 | 6.40 | |
| HDFC Hybrid Equity Fund-Growth | 24,068.32 | -1.69 | -0.31 | 8.08 | 20.43 | 11.58 | |
| HDFC Large and Mid Cap Fund Regular- Growth | 23,484.62 | -5.14 | -2.22 | 10.82 | 33.10 | 18.30 |
Mutual Fund Tools
Top AMCs
- SBI Mutual Fund
- ICICI Prudential Mutual Fund
- HDFC Mutual Fund
- Nippon India Mutual Fund
- Kotak Mahindra Mutual Fund
- Aditya Birla Sun Life Mutual Fund
- UTI Mutual Fund
- Axis Mutual Fund
- Mirae Asset Mutual Fund
- DSP Mutual Fund
- Tata Mutual Fund
- Edelweiss Mutual Fund
- Bandhan Mutual Fund
- HSBC Mutual Fund
- Franklin Templeton Mutual Fund
About HDFC Gilt Fund-Growth
1. HDFC Gilt Fund is Open-ended Gilt Debt scheme which belongs to HDFC Mutual Fund House.
2. The fund was launched on Jul 25, 2001.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme is a dedicated gilt scheme which seeks to generate reasonable returns with investments in government securities, securities guaranteed by GoI with medium to long term residual maturities. "
2. It is benchmarked against CRISIL Dynamic Gilt Index.
Asset Allocation & Portfolio Composition
1. The portfolio allocation of debt securities primarily have 2 kinds of risks: interest rate risk & credit risk. While the interest rate movements are driven by the fund's duration, credit quality of debt securities are based on the weighted average credit ratings of a fund. Generally, funds with high credit quality will have the weighted average credit rating of AA- and higher rated securities, funds with medium credit quality will hold securities having credit rating lying between A- to BBB- and funds with low credit quality will hold securities having average credit rating of less than BBB-. Credit rating is a qualitative tool that basically assesses the creditworthiness and financial soundness of a company and takes into consideration several factors including the default rate and solvency of the concerned business entity.
2. The portfolio of the fund has securities with varying levels of maturities. Duration takes into consideration the sensitivity of the average maturity of these securities with respect to the interest rate changes. The Average Maturity of HDFC Gilt Fund is 13.80839939 years and Duration is 7.54843823 years. Generally, securities with high maturity are more sensitive to interest rate changes. So, an investor with a low risk appetite may look to invest in a fund with low maturity and duration vis-a-vis category levels.
3. All these parameters - average maturity, duration, interest rate changes, credit quality, credit rating, liquidity etc. need to be looked at in conjunction with each other to determine the quality of portfolio of a fund.
Tax Implications on HDFC Gilt Fund-Growth
Capital Gains Tax Implications:
If the investment is made after Apr 1, 2023:
1. The entire amount of gain will be added to the investor's income (irrespective of the period of investment) and will be taxed as per his/her applicable slab rate.
If the investment is made before Apr 1, 2023:
1. If units are redeemed within 3 years of investment, the whole gain will be added to the investor's income and taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post-indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering one's capital gains which brings down the taxable income and thereby reduces taxes on it.
Dividend Tax Implications:
1. For Dividend Distribution Tax, the dividend income from this fund will get added to an investor’s income and taxed according to his/her respective tax slabs.
2. Also, for dividend income more than Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
1. HDFC Gilt Fund is Open-ended Gilt Debt scheme which belongs to HDFC Mutual Fund House.
2. The fund was launched on Jul 25, 2001.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme is a dedicated gilt scheme which seeks to generate reasonable returns with investments in government securities, securities guaranteed by GoI with medium to long term residual maturities. "
2. It is benchmarked against CRISIL Dynamic Gilt Index.
Asset Allocation & Portfolio Composition
1. The portfolio allocation of debt securities primarily have 2 kinds of risks: interest rate risk & credit risk. While the interest rate movements are driven by the fund's duration, credit quality of debt securities are based on the weighted average credit ratings of a fund. Generally, funds with high credit quality will have the weighted average credit rating of AA- and higher rated securities, funds with medium credit quality will hold securities having credit rating lying between A- to BBB- and funds with low credit quality will hold securities having average credit rating of less than BBB-. Credit rating is a qualitative tool that basically assesses the creditworthiness and financial soundness of a company and takes into consideration several factors including the default rate and solvency of the concerned business entity.
2. The portfolio of the fund has securities with varying levels of maturities. Duration takes into consideration the sensitivity of the average maturity of these securities with respect to the interest rate changes. The Average Maturity of HDFC Gilt Fund is 13.80839939 years and Duration is 7.54843823 years. Generally, securities with high maturity are more sensitive to interest rate changes. So, an investor with a low risk appetite may look to invest in a fund with low maturity and duration vis-a-vis category levels.
3. All these parameters - average maturity, duration, interest rate changes, credit quality, credit rating, liquidity etc. need to be looked at in conjunction with each other to determine the quality of portfolio of a fund.
Tax Implications on HDFC Gilt Fund-Growth
Capital Gains Tax Implications:
If the investment is made after Apr 1, 2023:
1. The entire amount of gain will be added to the investor's income (irrespective of the period of investment) and will be taxed as per his/her applicable slab rate.
If the investment is made before Apr 1, 2023:
1. If units are redeemed within 3 years of investment, the whole gain will be added to the investor's income and taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post-indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering one's capital gains which brings down the taxable income and thereby reduces taxes on it.
Dividend Tax Implications:
1. For Dividend Distribution Tax, the dividend income from this fund will get added to an investor’s income and taxed according to his/her respective tax slabs.
2. Also, for dividend income more than Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
This Might Catch Your Interest
FAQs about HDFC Gilt Fund-Growth
- Is it safe to invest in HDFC Gilt Fund?As per SEBI’s latest guidelines to calculate risk grades, investment in the HDFC Gilt Fund comes under Moderate risk category.
- What is the category of HDFC Gilt Fund?HDFC Gilt Fund belongs to the Debt : Gilt category of funds.
- How Long should I Invest in HDFC Gilt Fund?The suggested investment horizon of investing into HDFC Gilt Fund is >5 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the HDFC Gilt Fund?The HDFC Gilt Fund is managed by Anil Bamboli (Since Sep 01, 2007) and Amar Kalkundrikar (Since Jan 10, 2019).
Date Sources: Mutual Funds, ETFs, and NPS data are sourced from Value Research. All times stamps are reflecting IST (Indian Standard Time). By using this site, you agree to the Terms of Service and Privacy Policy.
