{"id":1704,"date":"2018-02-26T09:00:25","date_gmt":"2018-02-26T03:30:25","guid":{"rendered":"https:\/\/www.antworksmoney.com\/blog\/?page_id=1704"},"modified":"2019-09-25T18:19:41","modified_gmt":"2019-09-25T12:49:41","slug":"hdfc-corporate-debt-opportunities-fund","status":"publish","type":"post","link":"https:\/\/www.antworksmoney.com\/blog\/hdfc-corporate-debt-opportunities-fund\/","title":{"rendered":"HDFC Corporate Debt Opportunities Fund"},"content":{"rendered":"

This is an open ended income mutual fund.<\/p>\n

Investment objective<\/h2>\n

The objective here is to generate regular income and capital appreciation through corporate debt-based investments.<\/p>\n

Fund information<\/h2>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Inception date<\/td>\n25\/03\/2014<\/td>\n<\/tr>\n
CRISIL rank<\/td>\nRanked 4th<\/sup>\u00a0in Credit Opportunities Fund<\/td>\n<\/tr>\n
Schemes<\/td>\n\n
    \n
  • Direct Option \u2013 Half Yearly Dividend Option<\/li>\n
  • Direct Growth \u2013 Normal Dividend Option<\/li>\n
  • Direct Option \u2013 Growth Option<\/li>\n
  • Regular Option \u2013 Half Yearly Dividend Option<\/li>\n
  • Regular Option \u2013 Normal Dividend Option<\/li>\n
  • Regular Option \u2013 Growth Option<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n
Entry load<\/td>\n0%. Any upfront commissions to be paid by investor directly to ARN holder.<\/td>\n<\/tr>\n
Exit load<\/td>\n\n
    \n
  • 2% if redeemed within 12 months<\/li>\n
  • 1% if redeemed between 12-24 months<\/li>\n
  • 0.50% if redeemed within 24-36 months<\/li>\n
  • Nil if redeemed after 36 months<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n
Minimum investment<\/td>\nRs.5,000 for new investors and any amount thereafter<\/td>\n<\/tr>\n
SIP<\/td>\nNo minimum amount<\/td>\n<\/tr>\n
Product label \u2013 Risk and target investors<\/td>\nModerate risk. Meant for investors looking to generate income over the medium to long term through corporate debt based investments.<\/td>\n<\/tr>\n
Benchmark<\/td>\nCRISIL Short Term Bond Fund Index. This index aims to track performance of a debt portfolio consisting of AAA\/AA rated corporate bonds, government securities, Certificates of Deposit and Commercial Papers.<\/td>\n<\/tr>\n
SWP<\/td>\nYes. Available in Fixed and Variable variants. Frequency of withdrawals are monthly, quarterly half yearly and yearly for Fixed SWP and quarterly, half yearly and yearly for Variable SWP.<\/td>\n<\/tr>\n
STP<\/td>\nYes. Available in two variants namely Fixed Systematic Transfer Plan (FSTP) and Capital Appreciation Systematic Transfer Plan (CASTP). Daily, Weekly, Monthly and quarterly transfer plans are available.<\/td>\n<\/tr>\n
Redemption<\/td>\nProceeds to be dispatched within 10 days. Minimum redemption amount of Rs.1,000 or 100 units.<\/td>\n<\/tr>\n
Taxation (on investment and on redemption)<\/td>\nAs per applicable sections under the Income Tax Act.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Portfolio \u2013 Sector \/ Top 10 holdings*<\/h2>\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Name<\/td>\nSector<\/td>\nClass<\/td>\nAllocation (%)<\/td>\n<\/tr>\n
Adani Power Ltd 2018<\/td>\nEngineering<\/td>\nSO<\/td>\n3.16<\/td>\n<\/tr>\n
8.36% Power Finance Corp. Ltd<\/td>\nFinancial<\/td>\nBonds<\/td>\n2.66<\/td>\n<\/tr>\n
Tata Sky Ltd 2020<\/td>\nServices<\/td>\nZCB<\/td>\n2.42<\/td>\n<\/tr>\n
10.81% Writers and Publishers Pvt Ltd 2018<\/td>\nFMCG<\/td>\nSO<\/td>\n2.36<\/td>\n<\/tr>\n
11.2% Aditya Birla Retail Ltd 2017<\/td>\nFinancial<\/td>\nDebenture<\/td>\n2.15<\/td>\n<\/tr>\n
8.56% Rural Electrification Corp Ltd<\/td>\nFinancial<\/td>\nBonds<\/td>\n1.90<\/td>\n<\/tr>\n
ITD Cementation Ltd<\/td>\nConstruction<\/td>\nCP<\/td>\n1.84<\/td>\n<\/tr>\n
12.65% Prism Cement Ltd 2017<\/td>\nConstruction<\/td>\nDebenture<\/td>\n1.77<\/td>\n<\/tr>\n
Infiniti Retail Ltd 2017<\/td>\nConsumer Durable<\/td>\nDebenture<\/td>\n1.74<\/td>\n<\/tr>\n
12.5% Spirit Textiles Pvt Ltd 2019<\/td>\nTextiles<\/td>\nDebenture<\/td>\n1.73<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

*As on 31st July 2015<\/em><\/p>\n

Risk measures<\/h2>\n\n\n\n\n\n\n
Standard Deviation<\/td>\nNA<\/td>\n<\/tr>\n
Sharpe Ratio<\/td>\nNA<\/td>\n<\/tr>\n
Alpha<\/td>\nNA<\/td>\n<\/tr>\n
Beta<\/td>\nNA<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Performance*<\/h2>\n\n\n\n\n\n
AUM<\/td>\nRs.6373 crores (Regular Growth)<\/td>\n<\/tr>\n
NAV<\/td>\n\n
    \n
  • Direct Option \u2013 Half Yearly Dividend Option: Rs.10.6720<\/li>\n
  • Direct Growth \u2013 Normal Dividend Option: Rs.10.3207<\/li>\n
  • Direct Option \u2013 Growth Option: Rs.11.7740<\/li>\n
  • Regular Option \u2013 Half Yearly Dividend Option: Rs.10.6272<\/li>\n
  • Regular Option \u2013 Normal Dividend Option: Rs.10.7189<\/li>\n
  • Regular Option \u2013 Growth Option: Rs.11.6414<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n
Expense Ratio<\/td>\n\n