Invest in Tax Saving Mutual Funds Download Any Applications
Transact Mutual Funds Online Invest Online
Buy Gold Mutual Funds Invest Now

Tuesday, November 8, 2016

HDFC MF Debt Funds

 Invest HDFC MF Debt Funds Online



Recent credit policy review was along our expected lines with the MPC reducing policy repo rate by 25bps in a surprisingly  unanimous decision. In its post policy conference call RBI highlighted that the current 1.50% to 2.00% real neutral rate is a time bearing concept and with decline in global real rates the more appropriate  real neutral rate  for India is around 1.25% to 1.75%. This is a significant positive announcement and in our view will provide space for further easing of rates going forward.

Additionally, still high real yields, low and stable level of core inflation, continuing weak private investments, and potential of strong capital flows from debt FPIs are all supportive of lower yields going forward. In line with the above, our recommendation to investors would  be to remain invested in duration funds.


Below bubble chart for positioning of our Debt Funds wrt Average Maturity of our Funds Vs AAA/G-Sec exposure. Size of bubble represents AUM as on 30th Sept'16. Also, refer subsequent reckoner for our products positioned as Low maturity/ Accrual strategy and High maturity/ Duration strategy

YTM
APM
MD
AUM (Rs.cr)
AAA*
Below AAA*
Cash*
G-Sec / T- Bills
CD/CP/BRDS
Exp. Ratio
Exit Load
Load period (m)
7.99%
4.86
3.37
1,793
32.0%
37.3%
2.9%
27.9%
-
1.10%
0.25%
1
7.49%
3.57
2.84
6,885
75.8%
-
0.9%
23.3%
0.0%
0.36%
-
-
7.87%
3.46
2.53
1,565
60.6%
28.9%
10.5%
-
5.8%
0.65%
-
-
9.02%
3.79
2.88
8,811
20.7%
74.4%
3.3%
-
1.4%
1.75%
2% / 1% / 0.5%
12 / 24 / 36
8.87%
2.02
1.69
3,584
23.2%
71.1%
1.0%
2.2%
10.0%
1.52%
0.75%
12
7.45%
1.67
1.44
7,719
72.4%
9.7%
3.3%
14.6%
2.9%
0.36%
-
-


High Maturity / Duration Strategy
Yield & Maturity
Corpus
Portfolio Concentration
Expenses & Loads
Scheme Name
YTM
APM
MD
AUM (Rs.cr)
AAA*
Below AAA*
Cash*
G-Sec / T- Bills
CD/CP/BRDS
Exp. Ratio
Exit Load
Load period (m)
    Gilt LTP
7.10%
15.99
8.21
2,579
-
-
-0.1%
100.1%
-
0.77%
-
-
    Income Fund
7.38%
17.07
8.59
2,605
4.0%
11.3%
2.0%
82.7%
-
1.95%
0.50%
6
    HIF Dynamic Plan
7.50%
13.12
7.30
1,908
5.0%
14.4%
2.1%
78.5%
-
1.52%
0.50%
6
    Gilt STP
6.76%
4.75
3.57
386
-
-
21.9%
78.1%
-
0.38%
-
-





-----------------------------------------------
Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds

Top 10 Tax Saver Mutual Funds to invest in India for 2016

Best 10 ELSS Mutual Funds in India for 2016

1. BNP Paribas Long Term Equity Fund

2. Axis Tax Saver Fund

3. Religare Tax Plan

4. DSP BlackRock Tax Saver Fund

5. Franklin India TaxShield

6. ICICI Prudential Long Term Equity Fund

7. IDFC Tax Advantage (ELSS) Fund

8. Birla Sun Life Tax Relief 96

9. Reliance Tax Saver (ELSS) Fund

10. Birla Sun Life Tax Plan

Invest in Best Performing 2016 Tax Saver Mutual Funds Online

Invest Online

Download Application Forms

For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

-----------------------------------------------

Leave your comment with mail ID and we will answer them

OR

You can write to us at

PrajnaCapital [at] Gmail [dot] Com

OR

Leave a missed Call on 94 8300 8300

----------------------------------------------- 

 

Post a Comment
Invest in Tax Saving Mutual Funds Download Any Applications
Transact Mutual Funds Online Invest Online
Buy Gold Mutual Funds Invest Now
Related Posts Plugin for WordPress, Blogger...

Popular Posts

Invest in Tax Saving Mutual Funds Download Any Applications
Transact Mutual Funds Online Invest Online
Buy Gold Mutual Funds Invest Now