HDFC Gilt Fund Long Term Plan Growth
- Fund Manager: Anil Bamboli
- Star Rating: 4 stars
- Analyst Rating: Neutral
- Expense Ratio: 0.79%
- Category: Long-Term Government Bond
The fund manager primarily invests in G-Secs issued by the central government. He generally avoids taking exposures in securities issued by state governments. The focus is on generating excess returns through higher-duration and maintains a duration profile between 5 and 10 years. Bamboli refrains from churning the portfolio often and has the lowest portfolio turnover compared with its peers. However, he does take marginal tactical trading bets whenever he identifies mispriced opportunities.
You can read the fund analysis here.
HDFC Income Fund Growth
- Fund Manager: Shobhit Mehrotra
- Star Rating: 4 stars
- Analyst Rating: Neutral
- Expense Ratio: 1.89%
- Category: Intermediate Bond
The fund has higher duration and maintains a huge exposure to longer-dated G Secs. The fund manager typically varies the duration range between 5.0-8.0 years based on his view on interest rates. The focus is mainly on safety and liquidity, and hence the fund manager invests primarily in G Secs and AAA rated corporate bonds.
You can read the fund analysis here.
HDFC Short Term Plan Growth
- Fund Manager: Anil Bamboli
- Star Rating: 4 stars
- Analyst Rating: Neutral
- Expense Ratio: 1.07%
- Category: Corporate Credit
The fund has higher duration and maintains a huge exposure to securities with a sub-AAA rating dominate the portfolio. The investment process is free-flowing in nature with credit bets being the mainstay. After its repositioning in 2014, the fund manager has the liberty to go down the credit ladder into sub-AAA and sub-AA rated segments. Nevertheless, the focus continues to be on research and security selection.
You can read the fund analysis here.
HDFC High Interest Fund – Short Term Plan Growth
- Fund Manager: Shobhit Mehrotra
- Star Rating: 5 stars
- Analyst Rating: Silver
- Expense Ratio: 1.05%
- Category: Short-Term Bond
The portfolio is biased toward higher-quality fare and papers issued by public sector undertakings. It has a research-intensive approach focuses on both qualitative and quantitative aspects. Credit bets are taken albeit with a measured approach and only in high-conviction names. The focus is to not compromise on the fund’s risk profile.
You can read the fund analysis here.
HDFC Medium Term Opportunities Growth
- Fund Manager: Anupam Joshi
- Star Rating: 5 stars
- Analyst Rating: Bronze
- Expense Ratio: 0.28%
- Category: Short-Term Bond
The fund's investment philosophy is to optimize returns for investors without exposing them to excessive duration or credit risk stays consistent. The portfolio is biased toward higher-quality fare and papers issued by public sector undertakings. It has a research-intensive approach that focuses on both qualitative and quantitative aspects.
You can read the fund analysis here.
HDFC Cash Management Treasury Advantage Plan - Retail Plan – Growth
- Fund Manager: Anupam Joshi
- Star Rating: 4 stars
- Analyst Rating: Neutral
- Expense Ratio: 1.31%
- Category: Ultrashort Bond
The fund has a research-oriented investment process with an emphasis on safety and liquidity. In terms of credit risk, the manager has recently increased exposure to between 30% and 40% in sub-AAA rated bonds. However, the manager focuses on investing in companies with strong parentage, which ensures adequate liquidity in the portfolio.
You can read the fund analysis here.
