Mutual Fund

1. Description:

   • HDFC Low Duration Fund is an open-ended debt scheme that invests in instruments such that the Macaulay Duration of the portfolio is between 6 months and 12 months. The primary objective is to generate income and capital appreciation through investments in debt securities and money market instruments. 

2. Asset Class:

   • Debt​

3. Asset Sub-Class:

   • Low Duration​

4. Performance Metrics:

   • 1-Year Return: 7.27%​

   • 3-Year Return: 6.44%​

   • 5-Year Return: 6.27%​

   • Return Since Inception (November 18, 1999): 7.06% per annum​

   • CAGR: 6.27% over the past 5 years 

   • XIRR: Not explicitly available​

5. Expense Ratio:

   • 1.04%  

6. Minimum Investment Amount:

   • Initial Investment: ₹1,000​

   • Additional Investment: ₹1,000​

   • SIP Investment: ₹100 

7. Lock-in Period:

   • None​

8. Exit Load:

   • Nil​

9. Asset Allocation:

   • Debt Instruments: Approximately 99.16% 

     • Government Securities: 13.52%

     • Low-Risk Securities: 85.64%

10. Fund Managers:

    • Anupam Joshi: Managing the fund since October 27, 2015, with over 17 years of experience.

    • Praveen Jain: Co-managing the fund since October 6, 2022, with over 18 years of experience.

Please note that mutual fund investments are subject to market risks. It is advisable to read all scheme-related documents carefully before investing.