- Mutual Funds
- HDFC Mutual Funds
- HDFC Banking & PSU Debt Fund (RIDCW-W)
Formerly HDFC Banking & PSU Debt Reg DR
HDFC Banking & PSU Debt Fund (RIDCW-W)
₹ 10.138
NAV (Apr 18)
Banking and PSU Funds are mandated to invest a minimum of 80% of total assets in debt instruments issued by Banks, Public Sector Undertakings and Public Financial Institutions.
They tend to invest in medium to long duration securities and hence are exposed to higher variations when interest rates change.
The category accounts for close to 8% of the total assets in the Debt Segment.
We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 10.138
NAV (Apr 18)
Fund Returns
Last 1Y | 6.5% |
Last 3Y | 5.1% |
Last 5Y | 6.1% |
Last 10Y | 6.3% |
Since Inception | 6.3% |
6 Month CAGR | 3.3% |
Scheme Information
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 investment objective of the Scheme will be realized.
Expense Ratio | 0.71 |
Launched (10y ago) | Mar 26, 2014 |
AUM in Crores | 6267.067 |
ISIN | INF179KA1JE0 |
Lock-in | No Lock-in |
Benchmark | NIFTY Banking & PSU Debt TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 1 |
Standard Deviation (5yr) | 1.7 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | -0.129 |
Sharpe Ratio (5yr) | 0.544 |
YTM | 7.57331 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| HDFC Banking & PSU Debt Fund (RIDCW-W) | 8,48,560 | 1,15,948 | 6.1% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
7.18% govt stock 2033
4.7%hdfc bank limited
3.7%small industries development bank of india
3.6%7.26% govt stock 2033
3.5%indian railway finance corporation limited
3.2%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 4,923 cr | ||
₹ 10,293 cr | ||
₹ 35,428 cr | ||
₹ 13,848 cr | ||
₹ 13,895 cr |
About the AMC
HDFC Asset Management Company Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
26.3% | 12.9% | ||
14.6% | 6.7% | ||
6% | 7.8% | ||
5.1% | 5.9% | ||
6.6% | 6% |
HDFC Banking & PSU Debt Fund (RIDCW-W) Review
HDFC Banking & PSU Debt Fund (RIDCW-W) is a Banking And Psu Debt fund and has delivered an annualised return of 6.3% over a period of 10 years. The fund was previously known as HDFC Banking & PSU Debt Reg DR. The fund is managed by HDFC Asset Management Co Ltd. The fund managers are Anil Bamboli, Dhruv Muchhal.
Nav of HDFC Banking & PSU Debt Fund (RIDCW-W) as of 4/18/2024 is ₹10.14 with the total AUM as of 4/19/2024 is ₹6267.067. With Scripbox you can compare and check the latest nav for all mutual funds in India. HDFC Banking & PSU Debt Fund (RIDCW-W) was launched on Mar 26, 2014. The category risk of the fund is Moderate Risk.
The minimum SIP amount for HDFC Banking & PSU Debt Fund (RIDCW-W) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
HDFC Banking & PSU Debt Fund (RIDCW-W) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to NIFTY Banking & PSU Debt TR INR.
HDFC Banking & PSU Debt Fund (RIDCW-W) is rated as a 4 fund in Debt and delivered 6.5% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with HDFC Banking & PSU Debt Fund (RIDCW-W).
Frequently Asked Questions
What is HDFC Banking & PSU Debt Fund (RIDCW-W)?
How to invest in HDFC Banking & PSU Debt Fund (RIDCW-W)?
You can invest in HDFC Banking & PSU Debt Fund (RIDCW-W) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of HDFC Banking & PSU Debt Fund (RIDCW-W)?
The minimum sip amount for HDFC Banking & PSU Debt Fund (RIDCW-W) is ₹1000. You can invest in multiples of ₹5000.
Is HDFC Banking & PSU Debt Fund (RIDCW-W) good to invest in?
As per Scripbox experts, HDFC Banking & PSU Debt Fund (RIDCW-W) is a Top Ranked fund. You can investHDFC Banking & PSU Debt Fund (RIDCW-W) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the HDFC Banking & PSU Debt Fund (RIDCW-W)?
The expense ratio of the HDFC Banking & PSU Debt Fund (RIDCW-W) is 0.71% for regular plan.