August 31, 2024

Aiming To Hit The Right Notes With

Equity, Debt and Gold Investments
Presenting

HDFC ASSET ALLOCATOR FUND OF FUNDS

Contact your MFD / RIA or give a missed call on 7397412345

HDFC Asset Allocator Fund of Funds (An open ended Fund of Funds Riskometer#
scheme investing in equity oriented, debt oriented and gold ETFs Modera
oderate High tely
schemes) is suitable for investors who are seeking*: to te M Hi
w era
Mo Lo

gh
d

Capital appreciation over long term

Very
High
Low

Investment predominantly in equity oriented, debt oriented and

RISKOMETER
Gold ETF schemes
Investors understand that their principal will be at
high risk
*Investors should consult their financial advisers, if in doubt about whether the product is suitable for them.

#For latest riskometer, investors may refer to the Monthly Portfolios disclosed on the website of the Fund viz.
www.hdfcfund.com
Investors in the Scheme shall bear the recurring expenses of the Scheme in addition to the expenses of other
chemes in which this Fund of Funds scheme makes investment (subject to regulatory limits).

MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS,

READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.
 GLOSSARY
Sharpe Ratio Residual Maturity
Sharpe Ratio is a risk to reward ratio, it measures portfolio returns generated in excess Weighted Residual Maturity of the securities in scheme.
to the investment in risk-free asset, for per unit of total risk taken. While, positive Sharpe
ratio indicates, portfolio compensating investors with excess returns (over risk-free rate) Portfolio Yield (Yield To Maturity)
Weighted average yield of the securities in scheme portfolio.
investing in risk-free assets.
Portfolio Turnover Ratio
Beta Portfolio Turnover Ratio is the percentage of a fund’s holdings that have changed in a given
Beta (ß) of a portfolio is a number indicating the relation between portfolio returns with year. This ratio measures the fund’s trading activity, which is computed by taking the lesser
that of the market index i.e. it measure the volatility, or systematic risk, of a portfolio in of purchases or sales and dividing by average monthly net assets.
comparison to the market as a whole.
Standard Deviation A formula that expresses the measurable change in the value of a security in response

This explains the variation/deviation from the average returns delivered by the portfolio. change in market value of portfolio for every change in portfolio yield.
A higher standard deviation means higher volatility (risk) and a lower standard deviation
means lower volatility. Macaulay Duration (Duration)

Risk Free Return

The theoretical rate of return of an investment with safest (zero risk) investment in a country.
Total Expense Ratio
Total expenses charged to scheme for the month expressed as a percentage to average term to maturity, except in the case of zero coupon securities where they are the same.
monthly net assets.
Tracking Error
Tracking error indicates how closely the portfolio return is tracking the benchmark Index
return. It measures the deviation between portfolio return and benchmark index return. A
lower tracking error indicates portfolio closely tracking benchmark index and higher tracking
error indicates portfolio returns with higher deviation from benchmark index returns.

HOW TO READ FACTSHEET

Fund Manager Standard Deviation
An employee of the asset management company such as a mutual fund or life insurer, Standard deviation is a statistical measure of the range of an investment’s performance.
who manages investments of the scheme. He is usually part of a larger team of fund When a mutual fund has a high standard deviation, its means its range of performance is
managers and research analysts. wide, implying greater volatility.
Application Amount for Fresh Subscription Sharpe Ratio
This is the minimum investment amount for a new investor in a mutual fund scheme. The Sharpe Ratio, named after its founder, the Nobel Laureate William Sharpe, is a
Minimum Additional Amount measure of risk-adjusted returns. It is calculated using standard deviation and excess
This is the minimum investment amount for an existing investor in a mutual fund scheme. return to determine reward per unit of risk.
Beta Ratio (Portfolio Beta)
Yield to Maturity Beta is a measure of an investment’s volatility vis-a-vis the market. Beta of less than 1
The Yield to Maturity or the YTM is the rate of return anticipated on a bond if held until means that the security will be less volatile than the market. A beta of greater than 1
maturity. YTM is expressed as an annual rate. The YTM factors in the bond’s current market implies that the security’s price will be more volatile than the market.
price, par value, coupon interest rate and time to maturity.
Average portfolio PE (Average P/E)
SIP It is price to earnings ratio of the stocks calculated for the entire portfolio on a weighted
SIP or systematic investment plan works on the principle of making periodic investments average basis.
opt for an SIP that invests Rs 500 every 15th of the month in an equity fund for a period Average portfolio price to book ratio (Average P/BV)
of three years. It is price to book value of the stocks calculated for the entire portfolio on a weighted
average basis.
NAV
The NAV or the net asset value is the total asset value per unit of the mutual fund after Average portfolio dividend yield (Average Dividend Yield)
deducting all related and permissible expenses. The NAV is calculated at the end of every It is dividend yield of the stocks calculated for the entire portfolio on a weighted average
business day. It is the value at which the investor enters or exits the mutual fund. basis.
Benchmark Net Equity
A group of securities, usually a market index, whose performance is used as a standard Net equity level is the net equity exposure percentage adjusted for any derivative positions
or benchmark to measure investment performance of mutual funds, among other in stocks or index for hedging or rebalancing purpose.
SENSEX, BSE200, BSE500, R Squared
10-Year Gsec.
It is a statistical measure of how closely the portfolio returns are correlated with its
IDCW Option benchmark.
In line with applicable SEBI guidelines, with effect from April 1, 2021, the name of AUM
"Dividend Option" under the Schemes stand revised as "Income Distribution cum
Capital Withdrawal (IDCW
Sub-options / facilities. Investors may note that the amounts can be distributed out
of investor’s capital (Equalization Reserve), which is part of sale price that represents Holdings
realized gains. The holdings or the portfolio is a mutual fund’s latest or updated reported statement of
investments/securities. These are usually displayed in terms of percentage to net assets or
Dividend / IDCW the rupee value or both. The objective is to give investors an idea of where their money is
"Dividend" / "IDCW" being invested by the fund manager.
distributable surplus, which may include a portion of the investor’s capital {i.e. part of Sale
Nature of Scheme
gains (equalisation reserve) in the Scheme books}. The investment objective and underlying investments determine the nature of the mutual
Exit Load investing in stock markets is an equity fund or growth fund. Likewise, a mutual fund that
Exit load is charged at the time an investor redeems the units of a mutual fund. The exit aims at capital preservation by investing in debt markets is a debt fund or income fund.
load is reduced from the prevailing NAV at the time of redemption. The investor will receive Each of these categories may have sub-categories.
and the exit load is 1%, the investor will receive Rs. 99.
Mutual funds invest in securities after evaluating their creditworthiness as disclosed by
the ratings. A depiction of the mutual fund in various investments based on their ratings
change in yield.
Important Note:

2 August 2024
 Market Review
Macroeconomic Update Indicators Units Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24
@
Global growth softened driven by some moderation witnessed in the US while
33.7 6.3
economic activity in Europe and China remained subdued. US labour market eased
with Non-Farm Payroll (NFP) below expectations and unemployment rate inching up PV -3.7
to 4.3%, a near 3 years high. Further, the housing and manufacturing sectors activity MHCV -4.7 -4.3
LCV -3.9 -7.4 -6.7
by resilient consumption. Further, monthly retail sales and activity in the services sector Tractors
Gross GST collection 7.6
Average E-Way bill
continues to reel under pressure. There are growing concerns over China not being generated
Power demand 4.7 -4.9
Digital Spending (UP-
35.5 33.5
I+IMPS)
economies. While most central banks maintained status quo on monetary policy, Bank
6.4 9.5 3.7 4.6
the other hand, US FOMC Chairperson Jerome Powell in his Jackson Hole speech
Manufacturing PMI^ Index 56.5 56.9 57.5 57.5
Services PMI^ Index
Unemployment* % 7.4 7.4 7.3 7.7

www.posoco.in
India’s GDP growth moderates, internals favourable:

Private consumption picked up possibly aided by revival in rural consumption. Further,

investment (GFCF) growth remained robust supported by resilient private capex. Growth India’s economic indicators have been mixed in recent months with some slowdown
in exports outpaced the imports. Weak government consumption amid elections dragged visible in select pockets. Overall, we expect growth to remain relatively better, albeit
down the growth to a certain extent. lower than last year.
On the production side, real GVA growth stood at 6.8% (4QFY24: 6.3%) supported
by growth in industry led by electricity and construction while manufacturing growth
remained healthy. Services sector growth was largely driven by public administration etc.
and machinery imports resulted in NONG imports rising. Further, NONG exports

hotels, transport, etc. also grew at an improved pace. Agriculture sector growth remained by lower oil imports.

Amount in USD billion Jun-24 Jul-24 Change

Net Oil Imports 9.5 -9.3%

GDP 6.7 GVA 6.3
Net Gold Imports*
Private 7.4 Agriculture, Forestry
Consumption and Fishing NONG net imports
Government Industry
Consumption
Gross Capital Manufacturing
formation
Gross Fixed 6.5 7.5 Construction
Capital
formation
demand, easing oil prices and expectations of pick up in exports on back of improvement
Services 6.7 in global trade. This along with potential healthy growth in services exports is likely
Exports Trade, Hotels, 5.7
Transport, etc.
Imports 4.4 PADO 9.5

While the headline GDP growth remains lower than expected, internals were favourable.
Growth is expected to pick up in view of likely pick up in government spending along
personal income tax. Non-tax receipt also rose on back of large increase in dividends
with steady improvement in rural consumption in view of favourable monsoon. Urban

Indian economic activity softens in Q2FY25: Indian economic activity moderated in also remained muted.

and higher unemployment (as per CMIE survey). CV and tractor retail sales along INR billion 4MFY24 4MFY25 Change (YoY)
Gross tax revenue
indicators held up well with manufacturing and services PMI remaining buoyant and
Total Direct Tax 4,333 33.6%
Total Indirect Tax 9.6%

Source for various data points: Bloomberg, NSDL, CMIE, RBI, Kotak Institutional Research, World Bank, Daily valuation provided by ICRA/CRISIL.
Market Review continued on next page
August 2024 3
 Market Review Contd...

Net Tax collection Summary and Conclusion

33.6% Global economic activity momentum continued to moderate after a subdued
64 -53.4%
Total Receipts 7,751 10,234 32.0% weakness in the US labour market which has been the primary driver in sustaining
global growth. Further, economic activity in China remains weak and impact of growth
supportive measure has been relatively low till now.
Total Capital Expenditures
India's growth, however, remains steady supported by buoyant manufacturing and
Total Expenditures 13,807 13,004 -5.8%
service sectors. Above trend monsoon is supportive of agriculture activity and rural in-
comes. Investments remain supported by real estate activity, government capex spending
-6,056 -2,769 -54.3%
-2.2% -0.9% and improvement in organised private corporate capex. Private corporate sector capital
expenditure has potential to accelerate in view of low leverage, increasing capacity

India’s external sector also remains robust on the back of comfortable current account

government spending is likely to normalise the same. Government announced the full chains, sharp deceleration in global economic activity, etc. are key near-term risks.

Looking ahead, the medium-term outlook for India's economy appears optimistic.
realistic and achievable. -
India’s July CPI centive schemes, opportunities arising from shift in the global supply chain, enhanced
infrastructure investments, the potential of resurgence in private sector capex, and the
enduring robustness of consumption.

YoY, % Jun-24 Jul-24 Change in %

CPI 3.5
-3.3
Fuel and Light -3.6 -5.5
Housing -

Core CPI@ 3.7

core CPI momentum.

Commodity prices: Oil prices remained under pressure during the month, despite
rise in geopolitical risks, driven by weak demand outlook for China and possibility
of increase in oil production by OPEC+. Most industrial commodity prices increased
during the month.

Aug-24 (%)^ FYTD25 (%)&

(USD)*
Brent Crude (Per barrel) (9.9)
Gold (per ounce)
Steel (per tonne)
Zinc (per tonne)
Copper (per tonne) 5.6
Aluminium (per tonne) 5.6
Lead (per tonne)

Source for various data points: Bloomberg, NSDL, CMIE, RBI, Kotak Institutional Research, World Bank, Daily valuation provided by ICRA/CRISIL.
Market Review continued on next page

4 August 2024
 Market Review Contd...

index returns were largely in line with the large-cap benchmarks. The sharp volatility

risk of Bank of Japan raising rates aggressively which could result in unwinding of

the comment and was trading within a range for most part of the month. The market

economic growth, favourable progress, softening in global growth, weakness in US

labour market, etc. Sector indices witnessed mixed trend with Healthcare, IT and FMCG
outperformed while capital goods, Power and Auto underperformed.

Equity markets in the US and Europe ended in positive while in Japan, Korea and
China equities declined. Below are detailed tables outlining the performance of key

% Change in Indices Aug-24 FYTD25^ % Change Aug-24 FYTD25^

BSE India Auto 7.5
BSE India Bankex Nasdaq
BSE India Capital Goods (3.3) FTSE 5.3
BSE India FMCG DAX
BSE India Healthcare 6.6 CAC
BSE India Metal Nikkei (4.3)
BSE India Power Hang Seng 3.7
KOSPI (3.5)
BSE India IT 4.3 Shanghai (3.3) (6.5)
MSCI Emerging
Market Index 5.4
BSE SENSEX 11.8
13.0
23.3
26.4

12 months forward Price To Earnings

31-Aug-24 LTA Discount / Premium^
IT services
PSU Banks@

Pharma
Metals
Oil and gas

Consumer staples 43.7 35.4

Consumer Discretionary 53.4
Auto
Private Banks@ -7.4

sector were better than expected while that of Private banks, NBFCs, Auto, Metals,

^to Long term (LT) average, @-Price to Book value.

The rally over the past year and half has been broad and small cap and mid cap indices

average valuation as well as large caps valuation. Given the aggregate valuation being
higher than historical average, the importance of stock selection increases even more.
As on August 31, 2024, NIFTY 50 was trading at ~20x FY26E price to earnings
Our medium to long term positive outlook on Indian equities remains unchanged driven
multiple. Further, Market cap-to-GDP stood ~133% (based on CY24 GDP estimates)
and the gap between 10Y G-sec yield and 1Y-Forward NIFTY 50 earnings yield* remains
at elevated level [*Earnings yield = 1/ (one year forward P/E)]. Thus, current valuation
growth slowdown, heightened geopolitical tensions, slowdown in government’s reforms
indicators are at a premium to their historical averages. However, this is partially due
momentum, etc.
to structurally attractive nominal GDP growth, a healthy corporate earnings outlook
and robust de-levered corporate and banking balance sheets.

Source for various data points: Bloomberg, NSDL, CMIE, RBI, Kotak Institutional Research, World Bank, Daily valuation provided by ICRA/CRISIL.
Market Review continued on next page
August 2024 5
 Market Review Contd...

• Revision of India's sovereign rating outlook to positive (Rating unchanged at ‘BBB’)

from stable by S&P enhances the possibility of rating upgrade for India in next couple
of years.
Gsec yields continued a broad-based decline with 10Y Gsec yield ending the month Key risks to the favourable outlook
at 6.86%, down 7 bps, after falling 8 bps in July 2024. The yields at the long end fell more
• Regular food price shocks keeping headline CPI at an elevated level
than the short end, resulting in flattening of the yield curve. This was driven by likelihood
of expectations of higher High Quality of Liquid asset (HQLA) by banks in view of RBI • Robust credit growth and elevated SLR holdings can keep the incremental demand
draft circular raising HQLA asset requirement. Further, FPI buying continued to remain for G-Secs from banks subdued.
strong. Apart from aforesaid, key factors and events which influenced the fixed income • Significant rise in commodity prices especially oil driven by escalation of geopolitical
markets, include fall in US yields and oil prices, benign domestic core CPI, status quo RBI tensions
policy, affirmation of India’s sovereign rating by Fitch at BBB-/Stable, etc. The 10-year Overall, in our view, yields are likely to trade with a downward bias and the long end of
corporate bond spreads over Gsec widened compared to last month. The table below the yield curve is likely to outperform over the medium term. Thus, as highlighted in
gives a summary view of the movement of key rates and liquidity: past, investors with a relatively longer investment horizon, could continue to increase
allocation to longer duration funds in line with individual risk appetite. Further, while
Jul-24 Aug- Change (in
yield curve has steepened slightly, in view of elevated short-term rates along with expec-
24 bps)
6.55 tations of rate cuts in H2FY25, one may also consider investment in short or medium
3M Gsec yield (%) 6.67 6.63 duration categories of debt funds.
6.93
(%) 7.49 7.46
56 4 GLOSSARY
benchmark@ (bps) AE Advanced Economies
46.9% BoE Bank of England
BoJ Bank of Japan
BoP Balance of Payment
bps Basis points
agencies has been taken. @ - Spreads calculated by subtracting non-annualised Gsec CAGR Compound Annual Growth Rate
yields from annualised corporate bond yields. CMIE Centre for Monitoring Indian Economy
CPI Consumer Price Index
CRR Cash Reserve Ratio
CV Commercial Vehicle
DIIs Domestic Institutional Investors
EA Euro Area
ECB European Central Bank
spending and decline in currency in circulation. FOMC Federal Open Market Committee
FPI Foreign Portfolio Investment
GDP Gross Domestic Product
GST Goods and Services Tax
GVA Gross Value Added
IMD India Meteorological Department
last year.
INR Indian Rupee
IMF International Monetary Fund
IMPS Immediate Payment System
JGB Japanese Government Bonds
LCV Light Commercial Vehicle
RBI delivered a status quo policy in August 2024 and minutes of the meeting were also
Mbpd Million Barrels Per Day
largely in line with expectations. MHCV Medium and Heavy Commercial Vehicle
Over the past couple of months, yields have moved lower and benchmark 10Y Gsec MIBOR Mumbai Interbank Offered Rate
yield is now trading below 6.9% (~15 bps lower than end-June 2024) partly reflecting M-o-M Month on Month
favourable SLR demand and supply situation and global risk off sentiments triggered MPC Monetary Policy Committee
MSP Minimum Support Prices
by weakening in US labour market.
NABARD National Bank for Agriculture and Rural Development
In our view, fixed income remains favourably placed over the medium term, considering: NBFC Non-banking Financial Company
• Global growth is increasingly showing signs of slowdown and AE central banks have NONG Non-Oil Non-Gold
begun to reduce policy rates and RBI is also expected to cut policy rates in H2FY25. NSO National Statistical Organization
OMO Open Market Operation
• Central government fiscal deficit is expected to consolidate to 4.9% of GDP (FY24: PIB Press Information Bureau
5.6%) in FY25 and target of bringing down it to less than 4.5% of GDP by FY26 PLI Production Linked Incentive
remains unchanged. This should keep market borrowings within manageable levels. PMI Purchasing Managers’ Index
PPI Producer Price Index
• Additional gain due to higher-than-expected RBI dividend and expectations that it
PSU Public Sector Undertaking
could remain at an elevated level in next year as well.
PV Passenger Vehicle
• Inclusion of India's sovereign securities in JP Morgan global bond indices bodes RBI Reserve Bank of India
well for demand outlook for G-Sec in FY25. Further, draft circular released by RBI RE Revised Estimates
on Liquidity Coverage Ratio (LCR) which, if implemented, could increase the SLR RRR Reserve Ratio Requirement (for banks in China)
demand by banks. SLR Statutory Liquidity Ratio
UPI Unified Payments Interface
• Core CPI momentum remains subdued on back of lower input price pressure. US United States of America
• External sector remains comfortable in view of steady growth in services exports, USD United States dollar
fall in oil prices and adequate foreign exchange reserves. UST US Treasuries
YoY Year on Year

Source for various data points: Bloomberg, NSDL, CMIE, RBI, Kotak Institutional Research, World Bank, Daily valuation provided by ICRA/CRISIL.

6 August 2024
 CONTENTS
PAGE NO. PAGE NO.
WEALTH CREATION RETIREMENT PLANNING
........................................................................ 8-9 ...................................... 64-65
....................................................................... 10-12 ........................... 66-67
.......................................................................... 13-14 ............................. 68-69
.................................................... 15-16 INCOME SOLUTIONS
....................................................................... 17-18 ....................................................................... 70
......................................................... 19-21 ............................................................................. 71-72
....................................................... 22-23 ............................................................. 73-74
................................................................ 24-25 .................................................................. 75-76
..................................................................... 26-27 ................................................................ 77-78
................................................................. 28-29 ............................................................. 79-80
............................................ 30 ......................................................... 81-82
.......................................................................... 31 .......................................................................... 83-84
........................................... 32-33 ........................................................ 85
..................................................................... 34 ........................................................................ 86-88
.................................................. 35-36 .......................................................... 89-90
.................................................... 37-38 .............................................................. 91-92
................................................................. 39-40 Banking and .................................................... 93-94
.............................................................................. 41 .............................................................. 95-96
.................................................... 42 ................................................................. 97-98
............................................................... 43-44 ................................................................................. 99-100
....................................................... 45-48
.................................................................. 49-50 .................................................................... 101-103
..................................................................... 51-52 Segment-Wise Break-up Of Equity Holding ........................................ 103
.................................................. 53-54 Performance details of schemes
managed by respective fund managers ............................................ 104
.............................................. 55 Scheme performance summary - Regular Plans ................................ 105-108
................................................................ 56-57 Scheme performance summary - Direct Plans ................................... 109-115
.................................................................... 58-59 IDCW History ................................................................................... 116-117
TAX SAVINGS Benchmark and Scheme riskometers ................................................ 118-124
ELSS Tax saver ......................................................................... 60-61 Disclaimer ...................................................................................... 125
CHILDREN'S FUTURE
................................................................ 62-63

GOAL BASED SOLUTIONS

WEALTH CREATION These schemes aim to increase wealth over the long term by investing predominantly in equity instruments and are suitable for investors
with high risk appetite and relatively higher investment horizon.

TAX SAVINGS This scheme is eligible to provide tax deduction under Section 80C and also aims to increase wealth over the long term. This is an ideal
solution for investors who would like to create wealth and save tax.

CHILDREN'S FUTURE

RETIREMENT PLANNING

INCOME SOLUTIONS These schemes aim to provide stable income and are ideal for investors with low to medium risk appetite who wish to receive regular
income to meet their periodic expenses.

Disclaimer:

August 2024 7
HDFC Flexi Cap Fund CATEGORY OF SCHEME
(An open ended dynamic equity scheme investing across large cap, mid cap & small cap stocks.)
(This is a simple and performing scheme which is eligible for distribution by new cadre of distributors)

INVESTMENT OBJECTIVE : There is no assurance

that the investment objective of the Scheme will be achieved.

FUND MANAGER ¥
PORTFOLIO
Roshi Jain
(since July 29, 2022) Company Industry+ / Rating % to NAV Company Industry+ / Rating % to NAV
Total Experience: Over 19 years (Hedged & (Hedged &
Unhedged) Unhedged)
EQUITY & EQUITY RELATED Tata Steel Ltd. 0.14
DATE OF ALLOTMENT / INCEPTION DATE • ICICI Bank Ltd. Banks 9.30 Delhivery Limited Transport Services 0.12
January 1, 1995 • Banks 9.16 Devyani International Ltd Leisure Services 0.11
• Axis Bank Ltd. Banks 8.34 Ramco Systems Ltd. IT - Software 0.10
• Cipla Ltd. Sub Total 86.51
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) Biotechnology 5.01 DEBT & DEBT RELATED
Regular Plan - Growth Option 1894.811 • HCL Technologies Ltd. IT - Software 4.93 Government Securities (Central/State)
Regular Plan - IDCW Option 82.689 • SBI Life Insurance Company 7.38 GOI 2027 Sovereign 0.46
Direct Plan - Growth Option 2059.756 Ltd. Insurance 4.67
Direct Plan - IDCW Option 97.422 7.32 GOI 2030 Sovereign 0.18
• Bharti Airtel Ltd. Telecom - Services 4.63
Sub Total 0.64
• Kotak Mahindra Bank Limited Banks 4.21
ASSETS UNDER MANAGEMENT UNITS ISSUED BY REIT & INVIT
As on August 31, 2024 • Maruti Suzuki India Limited Automobiles 3.32
Nexus Select Trust REIT Realty 2.11
` 63,436.49 Cr. • Infosys Limited IT - Software 2.76
Realty 1.66
Average for Month of August 2024 State Bank of India Banks 2.44
Sub Total 3.77
` 61,517.92 Cr. Apollo Hospitals Enterprise Healthcare
Ltd. Services 2.43 Cash,Cash Equivalents and Net Current Assets 9.08
QUANTITATIVE DATA PIRAMAL PHARMA LTD Grand Total 100.00
Portfolio Turnover Biotechnology 2.12 • Top Ten Holdings, £ Sponsor
Equity Turnover 40.69% Eicher Motors Ltd. Automobiles 1.95
Total Turnover 44.21%
Prestige Estates Projects Ltd. Realty 1.60 Outstanding exposure in
Total Turnover = Equity + Debt + Derivative derivative instruments (` in Crore) 26.72
Bosch Limited Auto Components 1.53
Risk Ratio
Tech Mahindra Ltd. IT - Software 1.44 Hedged position in Equity & Equity related instruments
Standard Deviation 12.404%
Beta 0.900 Hindustan Aeronautics Limited
Defense 1.38 Outstanding derivative exposure (% age) 0.04
Sharpe Ratio* 1.454
Computed for the 3-yr period ended August 31, Dr Reddys Laboratories Ltd.
2024. Based on month-end NAV. Biotechnology 1.33 `
* Power Grid Corporation of
data is computed since inception. India Ltd. Power 1.33
Beverages 1.13
TOTAL EXPENSE RATIO (As on August 31, 2024) Automobiles 1.11
Including Additional Expenses and Goods and Service Mr. Dhruv Muchhal (since June 22, 2023)
LIMITED Leisure Services 1.03 (Total Experience: Over 10 years).
Crompton Greaves Consumer Consumer
Regular: 1.44% Direct: 0.76% Elec. Ltd. Durables 1.02
` 578.46 Crores.
Dr. Lal Path Labs Ltd Healthcare
#BENCHMARK INDEX: Services 0.89
Larsen and Toubro Ltd. Construction 0.82 Page no. 101 to 103.
##ADDL. BENCHMARK INDEX: Kalpataru Projects
International Ltd Construction 0.76 no. 104.
Lupin Ltd.
EXIT LOAD$$ : Biotechnology 0.60
Metropolis Healthcare Ltd. Healthcare
switched-out within 1 year from the date of allotment. Services 0.55
• CIE Automotive India Ltd Auto Components 0.50
switched-out after 1 year from the date of allotment.
ESCORTS LTD. Agricultural,
Construction
NET EQUITY EXPOSURE: Vehicles 0.49
86.46% Restaurant Brands Asia
Limited Leisure Services 0.49
Cyient Ltd. IT - Services 0.47
Birlasoft Limited IT - Software 0.42
ITC Ltd. 0.38
Varroc Engineering Limited Auto Components 0.31
Zee Entertainment Enterprises
Ltd. Entertainment 0.31
Bank of Baroda Banks 0.28
Reliance Industries Ltd. Petroleum
Products 0.24
Whirlpool of India Ltd. Consumer
Durables 0.22
Coforge Limited IT - Software 0.14

8 August 2024
 HDFC Flexi Cap Fund CATEGORY OF SCHEME
(An open ended dynamic equity scheme investing across large cap,
mid cap & small cap stocks.)

Industry Allocation of Equity Holding SIP PERFORMANCE ^ - Regular Plan - Growth Option
(% of Net Assets) Since Inception 15 year 10 year 5 year 3 year 1 year
SIP SIP SIP SIP SIP SIP
Banks 33.73 Total Amount Invested (` in Lacs) 35.60 18.00 12.00 6.00 3.60 1.20
IT - Software 9.79
Mkt Value As on August 30, 2024 (` in Lacs) 2,076.96 76.90 34.35 12.80 5.73 1.48
Pharmaceuticals & Biotechnology 9.06
Returns (%) 21.68 17.53 19.96 30.89 32.70 45.83
Automobiles 6.38
Benchmark Returns (%) # 15.88 16.12 18.19 25.72 27.23 42.69
Insurance 4.67
Telecom - Services 4.63
Additional Benchmark Returns (%) ## 14.47 14.68 16.34 21.52 21.70 34.34
Assuming `
Healthcare Services 3.87
Auto Components 2.34 simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
Leisure Services 1.63
Realty 1.60 PERFORMANCE ^ - Regular Plan - Growth Option
Construction 1.58 Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme (`) Benchmark Additional
Aerospace & Defense 1.38 Date Period (%) (%)# Returns
(%) ## (`)# Benchmark
Power 1.33 (`)##
Consumer Durables 1.24 Aug 31, 23 Last 1 Year 44.60 41.58 32.64 14,460 14,158 13,264
Beverages 1.13
Aug 31, 21 Last 3 Years 26.94 18.95 15.17 20,457 16,829 15,274
Agricultural, Commercial & Construction Vehicles 0.49
Aug 30, 19 Last 5 Years 24.92 22.70 19.37 30,456 27,845 24,262
IT - Services 0.47
Aug 28, 14 Last 10 Years 15.76 15.32 13.59 43,307 41,684 35,825
Diversified Fmcg 0.38
Entertainment 0.31
Jan 01, 95 Since Inception 19.33 12.98 12.14 1,894,811 374,499 299,539
Petroleum Products 0.24
Ferrous Metals 0.14
Transport Services 0.12
0 5 10 15 20 25 30 35 40
^Past performance may or may not be sustained in future and is not a guarantee of any future returns.
Load is not taken into consideration for computation of performance.

Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer

Benchmark (This product is suitable for investors (Current risk as per latest month
who are seeking ~) end portfolio)

HDFC Flexi • To generate long-term capital Modera

oderate High tely
Cap Fund appreciation / income o M rate Moderately
w t erate Hi Mode High
• Investment predominantly o
w t erate Hi
Mo Lo

gh
d

Mo Lo
BENCHMARK

gh
d
Very
instruments

High
Low

Very
High
Low
(Total Returns RISKOMETER
Index) Investors understand that their principal will be at RISKOMETER
very high risk Investors understand that their principal will be at
very high risk

Scheme and Benchmark Riskometer As on August 31, 2024

August 2024 9
HDFC Multi Cap Fund CATEGORY OF SCHEME
(An open ended equity scheme investing across large cap, mid cap &
small cap stocks)

INVESTMENT OBJECTIVE : To generate long term capital appreciation by investing in equity and equity related securities of large cap, mid cap and small cap companies.
There is no assurance that the investment objective of the Scheme will be achieved.

FUND MANAGER¥
PORTFOLIO
Gopal Agrawal
(since December 10, 2021)
Total Experience: Over 21 years
Company Industry+ % to Company Industry+ % to
NAV NAV
DATE OF ALLOTMENT / INCEPTION DATE EQUITY & EQUITY RELATED Persistent Systems Limited IT - Software 0.65
December 10, 2021 • Banks 3.58 Banks 0.60
• ICICI Bank Ltd. Banks 3.11
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`)
• Infosys Limited IT - Software 2.39 Limited 0.59
Regular Plan - Growth Option 19.677
Regular Plan - IDCW Option 18.646 • Axis Bank Ltd. Banks 2.04 Hindustan Aeronautics Limited 0.59
Direct Plan - Growth Option 20.399 Insurance 0.59
Direct Plan - IDCW Option 19.451 • Reliance Industries Ltd. Petroleum Products 1.81
• HCL Technologies Ltd. IT - Software 1.54 Supreme Industries Ltd. Industrial Products 0.59
ASSETS UNDER MANAGEMENT Apollo Tyres Ltd. Auto Components 0.58
As on August 31, 2024 • Indusind Bank Ltd. Banks 1.26
` 17,185.76 Cr. • Aurobindo Pharma Ltd. Auto Components 0.58
Average for Month of August 2024 Biotechnology 1.20 Industrial Products 0.57
` 16,581.66 Cr. • Tata Consultancy Services Ltd. IT - Software 1.18 Gland Pharma Ltd.
QUANTITATIVE DATA • Bharti Airtel Ltd. Telecom - Services 1.16 Biotechnology 0.57
Portfolio Turnover SBI Life Insurance Company Ltd. Insurance 1.12 Cipla Ltd.
Equity Turnover 6.52% Biotechnology 0.55
Total Turnover 6.52% Sun Pharmaceutical Industries
Ltd. Biotechnology 1.07 Eris Lifesciences Ltd
Total Turnover = Equity + Debt + Derivative Biotechnology 0.55
Risk Ratio Coforge Limited IT - Software 1.05
Standard Deviation 13.427% Symphony Ltd. Consumer Durables 0.55
Beta 0.986 Prestige Estates Projects Ltd. Realty 1.05
LTIMindtree Limited IT - Software 0.54
Sharpe Ratio* 1.443 Tata Motors Ltd. Automobiles 1.03
Computed for the 3-yr period ended August 31, Gulf Oil Lubricants India Ltd. Petroleum Products 0.52
2024. Based on month-end NAV. 1.02
*
Hindustan Petroleum Corp. Ltd. Petroleum Products 1.02 Bazaar) 0.52
data is computed since inception. Larsen and Toubro Ltd. Construction 1.00 Bank of Baroda Banks 0.51
TOTAL EXPENSE RATIO (As on August 31, 2024) Max Healthcare Institute Centum Electronics Ltd. Industrial
Including Additional Expenses and Goods and Service Limited Healthcare Services 1.00 Manufacturing 0.50
Kotak Mahindra Bank Limited Banks 0.98 Great Eastern Shipping
Regular: 1.66% Direct: 0.55% JSW Infrastructure Limited Transport Infrastructure 0.96 Company Ltd. Transport Services 0.50
#BENCHMARK INDEX: Vesuvius India Ltd. Industrial Products 0.96 0.50
Returns Index) Kalpataru Projects International Bharat Electronics Ltd. 0.49
Ltd Construction 0.95
##ADDL. BENCHMARK INDEX: Apollo Hospitals Enterprise Ltd. Healthcare Services 0.48
CIE Automotive India Ltd Auto Components 0.93
Apar Industries Limited Electrical Equipment 0.91 Crompton Greaves Consumer
EXIT LOAD$$ : Elec. Ltd. Consumer Durables 0.48
Ola Electric Mobility Limited Automobiles 0.90 Sonata Software Ltd. IT - Software 0.48
switched-out within 1 year from the date of allotment. State Bank of India Banks 0.90 Bharat Dynamics Limited 0.47
switched-out after 1 year from the date of allotment. ITC Ltd. 0.88 Wheels India Ltd. Auto Components 0.47
ESCORTS LTD. Agricultural, Archean Chemical Industries
Limited Petrochemicals 0.46
Industry Allocation of Equity Holding Construction Vehicles 0.87
(% of Net Assets) MphasiS Limited. IT - Software 0.87 Services Ltd. Capital Markets 0.46
Banks 14.44 Whirlpool of India Ltd. Consumer Durables 0.45
IT - Software 9.21 Co. Ltd. Construction 0.87
Finance 8.27 TD Power Systems Ltd. Electrical Equipment 0.44
Pharmaceuticals & Biotechnology 5.52 Indian Hotels Company Ltd. Leisure Services 0.83
Consumer Durables 5.13 Timken India Ltd. Industrial Products 0.44
Auto Components 5.09 Trent Ltd. Retailing 0.83
Construction
Automobiles
3.72
Maruti Suzuki India Limited Automobiles 0.82 Elecon Engineering Comapny Industrial
3.61
Petroleum Products 3.56 Ltd. Manufacturing 0.43
Leisure Services 2.90 0.81
Industrial Products 2.73
Cement & Cement Products 2.30 Coal India Ltd. 0.80 0.42
Chemicals & Petrochemicals 2.25
Telecom - Services 2.24 Ambuja Cements Ltd. CESC Ltd. Power 0.41
Healthcare Services 2.03 Products 0.79 Aster DM Healthcare Limited Healthcare Services 0.40
Electrical Equipment 1.87
Insurance 1.71 Voltas Ltd. Consumer Durables 0.79 0.40
Power 1.70
Aerospace & Defense 1.68 NTPC Limited Power 0.76 0.39
Retailing 1.51
Industrial Manufacturing 1.46 Chalet Hotels Ltd. Leisure Services 0.73 KEC International Ltd. Construction 0.39
Diversified Fmcg 1.27
Capital Markets 1.20 0.73 Torrent Power Ltd. Power 0.39
Agricultural, Commercial & Construction Vehicles 1.17
Beverages 1.11 REC Limited. 0.72 Indian Renewable Energy
Realty 1.05
Transport Infrastructure 0.96 Tata Communications Limited Telecom - Services 0.72 Development Agency Limited 0.38
Transport Services 0.94
Consumable Fuels 0.80 Dixon Technologies (India) Ltd. Consumer Durables 0.69 Ipca Laboratories Ltd.
Ferrous Metals 0.78 Biotechnology 0.38
Personal Products 0.75 Beverages 0.68
Gas 0.67 Tata Steel Ltd. 0.38
Oil 0.65 Automobiles 0.66
Financial Technology (Fintech) 0.52
Fertilizers & Agrochemicals 0.50
Gabriel India Ltd. Auto Components 0.37
Non - Ferrous Metals 0.33
Textiles & Apparels 0.28
Products 0.66 Indraprastha Gas Ltd. Gas 0.37
Entertainment 0.23
Food Products 0.21
0.37
Media 0.18 Ltd. Oil 0.65
IT - Services 0.17
Agricultural Food & Other Products 0.13
0 5 10 15 20

10 August 2024
HDFC Multi Cap Fund CATEGORY OF SCHEME
(An open ended equity scheme investing across large cap, mid cap &
small cap stocks)

PORTFOLIO

Company Industry+ % to Company Industry+ % to Company Industry+ % to

NAV NAV NAV
Delta Corp Ltd. Leisure Services 0.36 Zensar Technologies Ltd. IT - Software 0.22 Sagar Cements Ltd.
EIH Ltd. Leisure Services 0.36 Bajaj Electricals Ltd. Consumer Durables 0.21 Products 0.12
Telecom - Services 0.36 Blue Star Ltd. Consumer Durables 0.21 Suprajit Engineering Ltd. Auto Components 0.12
Balkrishna Industries Ltd. Auto Components 0.35 Delhivery Limited Transport Services 0.21 Vardhman Textiles Ltd. 0.12
Le Travenues Technology Devyani International Ltd Leisure Services 0.11
Limited Leisure Services 0.35 Limited Petroleum Products 0.21 Chemplast Sanmar Limited
Prudent Corporate Advisory Indian Bank Banks 0.21 Petrochemicals 0.10
Services Limited Capital Markets 0.35 Voltamp Transformers Ltd. Electrical Equipment 0.21 JSW Energy Ltd. Power 0.10
RBL Bank Ltd. Banks 0.35 AkzoNobel India Ltd. Consumer Durables 0.20 Auto Components 0.10
Dr Reddys Laboratories Ltd. Eicher Motors Ltd. Automobiles 0.20 0.09
Biotechnology 0.34 0.09
Godrej Consumer Products Ltd. Personal Products 0.34 Kajaria Ceramics Ltd. Consumer Durables 0.20
Auto Components 0.20 Retailing 0.09
Agrochemicals 0.34 Motherson Sumi Wiring India
Ltd. Petrochemicals 0.20 Limited Auto Components 0.09
Aditya Birla Capital ltd. 0.33 TCI Express Ltd. Transport Services 0.09
Atul Ltd. Orient Cement Ltd.
Petrochemicals 0.33 Products 0.20 SBI CARDS AND PAYMENT
The Ramco Cements Ltd. SERVICES LIMITED 0.08
Birla Corporation Ltd. Products 0.20
Products 0.33 Retail Ltd. Retailing 0.07
CREDITACCESS GRAMEEN Aarti Industries Ltd.
LIMITED 0.33 Petrochemicals 0.19 Cello World Limited Consumer Durables 0.07
Hindustan Construction Zydus Lifesciences Limited
LIMITED 0.33 Company Ltd. Construction 0.19 Biotechnology 0.07
Hindalco Industries Ltd. 0.33 Beverages 0.19 Alembic Pharmaceuticals
Jagran Prakashan Ltd. Media 0.18 Limited Biotechnology 0.06
Bosch Limited Auto Components 0.32
Dilip Buildcon Ltd. Construction 0.32 LIMITED Auto Components 0.18 Petrochemicals 0.06
0.32 Aarti Pharmalabs Limited Bajel Projects Limited Power 0.04
0.31 Biotechnology 0.17 Craftsman Automation Ltd Auto Components 0.04
Ashok Leyland Ltd Agricultural, Angel One Ltd. Capital Markets 0.17 VIP Industries Ltd. Consumer Durables 0.03
Construction Vehicles 0.30 Bajaj Consumer Care Ltd. Personal Products 0.17 Tube Investments of India Ltd. Auto Components 0.02
CG Power and Industrial Deepak Nitrite Limited Rishabh instruments Limited Electrical Equipment 0.01
Solutions Ltd. Electrical Equipment 0.30 Petrochemicals 0.17 Torrent Pharmaceuticals Ltd.
Havells India Ltd. Consumer Durables 0.30 Graphite India Ltd. Industrial Products 0.17 Biotechnology 0.01
KAYNES TECHNOLOGY INDIA Industrial IT - Services 0.17 Sub Total 96.83
LIMITED Manufacturing 0.30 0.16 UNITS ISSUED BY REIT & INVIT
Mahanagar Gas Ltd. Gas 0.30 Nilkamal Ltd. Consumer Durables 0.16 Realty 0.50
METRO BRANDS LIMITED Consumer Durables 0.30 Page Industries Ltd 0.16 Sub Total 0.50
Tech Mahindra Ltd. IT - Software 0.29 Rallis India Ltd. Cash,Cash Equivalents and Net Current Assets 2.67
Agrochemicals 0.16 Grand Total 100.00
Restaurant Brands Asia Limited Leisure Services 0.16
Ltd.) 0.28 • Top Ten Holdings, £ Sponsor
Auto Components 0.16
Samvardhana Motherson `
International Ltd. Auto Components 0.28 Varroc Engineering Limited Auto Components 0.16
Bandhan Bank Ltd. Banks 0.27 Ajanta Pharma Limited
Biotechnology 0.15
Shoppers Stop Ltd. Retailing 0.27
Syngene International Limited Healthcare Services 0.15
Limited 0.26 Gateway Distriparks Limited Transport Services 0.14 Mr. Dhruv Muchhal (since June 22, 2023)
Goodyear India Ltd. Auto Components 0.14 (Total Experience: Over 10 years).
Greenply Industries Ltd. Consumer Durables 0.26
Jubilant Ingrevia Limited Indoco Remedies Ltd.
Biotechnology 0.14 on Page no. 101 to 103.
Petrochemicals 0.26
Banks 0.25 Advanced Enzyme Technologies
Ltd. Biotechnology 0.13 no. 104.
Zomato Ltd Retailing 0.25
Alkem Laboratories Ltd.
Dabur India Ltd. Personal Products 0.24 Biotechnology 0.13
Balrampur Chini Mills Ltd.
LIMITED Petrochemicals 0.24 Other Products 0.13
Pidilite Industries Ltd. Bank of India Banks 0.13
Petrochemicals 0.24
Data Patterns (India) Limited 0.13
Beverages 0.24
Banks 0.13
Asian Paints Limited Consumer Durables 0.23
Industrial LIMITED 0.12
Manufacturing 0.23
Banks 0.12
Zee Entertainment Enterprises
Ltd. Entertainment 0.23 0.12
360 ONE WAM LIMITED Capital Markets 0.22 0.12

August 2024 11
 HDFC Multi Cap Fund CATEGORY OF SCHEME
(An open ended equity scheme investing across large cap, mid cap &
small cap stocks)

SIP PERFORMANCE ^ - Regular Plan - Growth Option

Since Inception 1 year
SIP SIP
Total Amount Invested (` in Lacs) 3.30 1.20
Mkt Value As on August 30, 2024 (` in Lacs) 5.38 1.49
Returns (%) 38.14 48.33
Benchmark Returns (%) # 33.22 45.86
Additional Benchmark Returns (%) ## 23.16 34.34
Assuming `
simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.

PERFORMANCE ^ - Regular Plan - Growth Option

Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme (`) Benchmark Additional
Date Period (%) (%)# Returns
(%) ## (`)# Benchmark
(`)##
Aug 31, 23 Last 1 Year 45.08 44.95 32.64 14,508 14,495 13,264
Dec 10, 21 Since Inception 28.22 21.71 15.80 19,677 17,073 14,909
Returns greater than 1 year period are compounded annualized (CAGR).

refer page 109 to 115.

^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into consideration
for computation of performance.

Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer

Benchmark (This product is suitable for investors (Current risk as per latest month
who are seeking ~) end portfolio)

HDFC Multi • To generate long-term capital

rate Moderately
Cap Fund appreciation/ income o Mode High Modera
w t erate Hi oderate High tely
• Investment in equity and equity o M
w t erate Hi
Mo Lo

gh
d

related securities of large cap, mid

Mo Lo

BENCHMARK
gh
d
Very

cap and small cap companies

High
Low

:
Very
High
Low

MultiCap RISKOMETER
50:25:25 (Total Investors understand that their principal will be at RISKOMETER
Returns Index) very high risk Investors understand that their principal will be at
very high risk

Scheme and Benchmark Riskometer As on August 31, 2024

12 August 2024
HDFC Top 100 Fund CATEGORY OF SCHEME
(An open ended equity scheme predominantly investing in large cap stocks)
(This is a simple and performing scheme which is eligible for distribution by new cadre of distributors)

INVESTMENT OBJECTIVE : To provide long-term capital appreciation/income by investing predominantly in Large-Cap companies. There is no assurance that the investment
objective of the Scheme will be achieved.

PORTFOLIO
FUND MANAGER ¥
Rahul Baijal Company Industry+ % to Company Industry+ % to
(since July 29, 2022) NAV NAV
Total Experience: Over 23 years EQUITY & EQUITY RELATED MANKIND PHARMA LIMITED
• ICICI Bank Ltd. Banks 9.77 Biotechnology 0.69
• Banks 8.72 0.69
DATE OF ALLOTMENT / INCEPTION DATE Maruti Suzuki India Limited Automobiles 0.60
• NTPC Limited Power 6.02
October 11, 1996 • Larsen and Toubro Ltd. Construction 5.71 Eicher Motors Ltd. Automobiles 0.59
• Bharti Airtel Ltd. Telecom - Services 5.01 Realty 0.55
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) • Infosys Limited IT - Software 4.98 Beverages 0.47
• Reliance Industries Ltd. Petroleum Products 4.56 SBI Life Insurance Company Ltd. Insurance 0.45
Regular Plan - Growth Option 1175.329
Regular Plan - IDCW Option 65.691 • ITC Ltd. 4.21 Hindustan Aeronautics Limited
Direct Plan - Growth Option 1264.332 Defense 0.32
• Coal India Ltd. 3.83
Direct Plan - IDCW Option 75.837 Ambuja Cements Ltd.
• Axis Bank Ltd. Banks 3.64 Products 0.31
Kotak Mahindra Bank Limited Banks 3.17 Apollo Hospitals Enterprise Ltd. Healthcare Services 0.25
ASSETS UNDER MANAGEMENT Tata Motors Ltd. Automobiles 3.06
As on August 31, 2024 0.25
Sun Pharmaceutical Industries Ltd.
` 37,783.08 Cr. Biotechnology 2.81
Cummins India Ltd. Industrial Products 0.23
Average for Month of August 2024 Sub Total 96.96
Tata Consultancy Services Ltd. IT - Software 2.78
` 36,822.03 Cr. Indusind Bank Ltd. Banks 2.33
Cash,Cash Equivalents and Net Current Assets 3.04
Grand Total 100.00
QUANTITATIVE DATA Lupin Ltd.
Portfolio Turnover Biotechnology 2.00 • Top Ten Holdings, £ Sponsor
Equity Turnover 15.50% Titan Company Ltd. Consumer Durables 1.83
Total Turnover 15.50%
Total Turnover = Equity + Debt + Derivative Tata Consumer Products Limited `
Risk Ratio Other Products 1.54
Standard Deviation 12.180%
Beta 0.927 1.45
Sharpe Ratio* 1.086
Computed for the 3-yr period ended August 31, State Bank of India Banks 1.45
2024. Based on month-end NAV. Zomato Ltd Retailing 1.35 Mr. Dhruv Muchhal (since June 22, 2023)
* (Total Experience: Over 10 years).
Dabur India Ltd. Personal Products 1.16
data is computed since inception. 1.09
Hindalco Industries Ltd. 1.07 aggregating to ` 559.94 Crores.
TOTAL EXPENSE RATIO (As on August 31, 2024) Cipla Ltd.
Including Additional Expenses and Goods and Service Biotechnology 0.99 Page no. 101 to 103.

Regular: 1.60% Direct: 1.00% Products 0.97 no. 104.

#BENCHMARK INDEX: Petrochemicals 0.94

HCL Technologies Ltd. IT - Software 0.92
##ADDL. BENCHMARK INDEX: Oil 0.92
BSE SENSEX (Total Returns Index) Havells India Ltd. Consumer Durables 0.91
Bajaj Auto Limited Automobiles 0.86
EXIT LOAD$$ : Automobiles 0.81
Siemens Ltd. Electrical Equipment 0.70
switched-out within 1 year from the date of allotment.
switched-out after 1 year from the date of allotment.
SIP PERFORMANCE ^ - Regular Plan - Growth Option
Since Inception 15 year 10 year 5 year 3 year 1 year
SIP SIP SIP SIP SIP SIP
Total Amount Invested (` in Lacs) 33.50 18.00 12.00 6.00 3.60 1.20
Mkt Value As on August 30, 2024 (` in Lacs) $$ 929.99 63.70 29.49 11.27 5.35 1.44
Returns (%) $$ 19.25 15.38 17.13 25.52 27.54 38.46
Benchmark Returns (%) # N.A. 15.16 16.75 22.61 23.72 39.49
Additional Benchmark Returns (%) ## 15.04 14.58 16.09 20.28 19.98 30.68
Assuming `
simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.

PERFORMANCE ^ - Regular Plan - Growth Option

Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme (`) Benchmark Additional
Date Period (%) $$ (%)# Returns
(%) ## $$ (`)# Benchmark
(`)##
Aug 31, 23 Last 1 Year 39.70 38.29 28.63 13,970 13,829 12,863
Aug 31, 21 Last 3 Years 21.12 16.10 14.15 17,769 15,650 14,875
Aug 30, 19 Last 5 Years 20.43 19.98 18.54 25,356 24,889 23,425
Aug 28, 14 Last 10 Years 13.78 14.14 13.35 36,425 37,610 35,063
Oct 11, 96 Since Inception 19.47 NA 14.17 1,433,087 NA 403,189
Returns greater than 1 year period are compounded annualized (CAGR). N.A. Not Available. $$ All Distributions declared prior to the splitting of

^Past performance may or may not be sustained in future and is not a guarantee of any future returns.
Load is not taken into consideration for computation of performance.

August 2024 13
 HDFC Top 100 Fund CATEGORY OF SCHEME

(An open ended equity scheme predominantly investing in large cap stocks)

Industry Allocation of Equity Holding

(% of Net Assets)
Banks 29.08
IT - Software 8.68
Pharmaceuticals & Biotechnology 6.49
Power 6.02
Automobiles 5.92
Construction 5.71
Diversified Fmcg 5.30
Telecom - Services 5.01
Petroleum Products 4.56
Consumable Fuels 3.83
Consumer Durables 2.74
Finance 2.39
Agricultural Food & Other Products 1.54
Retailing 1.35
Cement & Cement Products 1.28
Personal Products 1.16
Non - Ferrous Metals 1.07
Chemicals & Petrochemicals 0.94
Oil 0.92
Electrical Equipment 0.70
Realty 0.55
Beverages 0.47
Insurance 0.45
Aerospace & Defense 0.32
Healthcare Services 0.25
Industrial Products 0.23
0 10 20 30

Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer

Benchmark (This product is suitable for investors (Current risk as per latest month
who are seeking ~) end portfolio)

HDFC Top • To generate long-term capital

rate Moderately
100 Fund appreciation / income o Mode High Modera
w t erate Hi oderate High tely
• Investment predominantly in o M
w t erate Hi
Mo Lo

gh
d

Large-Cap companies
Mo Lo

BENCHMARK
gh
d
Very
High
Low

:
Very
High
Low

(Total Returns RISKOMETER

Index) Investors understand that their principal will be at RISKOMETER
very high risk Investors understand that their principal will be at
very high risk

Scheme and Benchmark Riskometer As on August 31, 2024

14 August 2024
HDFC Mid-Cap Opportunities Fund CATEGORY OF SCHEME

(An open ended equity scheme predominantly investing in mid cap stocks)

INVESTMENT OBJECTIVE : To provide long-term capital appreciation/income by investing predominantly in Mid-Cap companies. There is no assurance that the investment
objective of the Scheme will be achieved.

FUND MANAGER ¥ PORTFOLIO

Chirag Setalvad
(since June 25, 2007)
Total Experience: Over 27 years Company Industry+ / Rating % to Company Industry+ / Rating % to
NAV NAV
EQUITY & EQUITY RELATED Cholamandalam Investment
DATE OF ALLOTMENT / INCEPTION DATE • Indian Hotels Company Ltd. Leisure Services 3.75 0.71
June 25, 2007 • Insurance 3.45 Aarti Industries Ltd.
Petrochemicals 0.66
• Banks 3.23
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) • Ipca Laboratories Ltd. LIMITED Petrochemicals 0.63
Regular Plan - Growth Option 189.440 Biotechnology 3.07
Regular Plan - IDCW Option 57.791 Greenlam Industries Ltd. Consumer Durables 0.62
Direct Plan - Growth Option 207.472 • Hindustan Petroleum Corp.
Ltd. Petroleum Products 2.85 Tata Chemicals Ltd.
Direct Plan - IDCW Option 83.884 Petrochemicals 0.61
• Balkrishna Industries Ltd. Auto Components 2.75
ASSETS UNDER MANAGEMENT Arvind Limited 0.60
• Apollo Tyres Ltd. Auto Components 2.74
As on August 31, 2024 Banks 0.59
` 75,296.23 Cr. • Aurobindo Pharma Ltd.
Bharat Electronics Ltd. 0.56
Average for Month of August 2024 Biotechnology 2.72
` 73,723.15 Cr. • Indian Bank Banks 2.69 Timken India Ltd. Industrial Products 0.55
• Tata Communications Limited Telecom - Services 2.66 Vesuvius India Ltd. Industrial Products 0.53
QUANTITATIVE DATA Vardhman Textiles Ltd. 0.50
Portfolio Turnover Coforge Limited IT - Software 2.62
Equity Turnover 21.89% Max Healthcare Institute
Total Turnover 27.31% Limited Healthcare Services 2.60 Holdings Ltd. 0.48
Total Turnover = Equity + Debt + Derivative Dilip Buildcon Ltd. Construction 0.46
Persistent Systems Limited IT - Software 2.49
Risk Ratio
Standard Deviation 13.475% AIA Engineering Ltd. Industrial Products 2.06
Beta 0.862 Limited 0.40
Sharpe Ratio* 1.485 1.93
ESCORTS LTD. Agricultural, Commercial
Computed for the 3-yr period ended August 31, 0.38
2024. Based on month-end NAV. 1.86
* Auto Components 0.37
Crompton Greaves Consumer
data is computed since inception. Elec. Ltd. Consumer Durables 1.82 Zee Entertainment Enterprises
Ltd. Entertainment 0.35
Glenmark Pharmaceuticals
Ltd. Biotechnology 1.78 Navneet Education Ltd. 0.33
TOTAL EXPENSE RATIO (As on August 31, 2024) Ceat Ltd. Auto Components 0.31
Including Additional Expenses and Goods and Service
Bazaar) 1.67 Greenpanel Industries Limited Consumer Durables 0.27
Regular: 1.39% Direct: 0.72% Greenply Industries Ltd. Consumer Durables 0.27
Ltd. 1.66
Dhanuka Agritech Ltd.
Industrial Products 1.64 Agrochemicals 0.26
#BENCHMARK INDEX:
Banks 1.63 Bharti Hexacom Limited Telecom - Services 0.23
##ADDL. BENCHMARK INDEX: Healthcare Services 1.59 Coromandel International
Limited Agrochemicals 0.23
Ltd. IT - Software 1.59
EXIT LOAD$$ : Banks 1.54 Ind Ltd. Leisure Services 0.17
Dixon Technologies (India) Ltd. Consumer Durables 1.52 Delta Corp Ltd. Leisure Services 0.14
switched-out within 1 year from the date of allotment.
Cummins India Ltd. Industrial Products 1.51 Jagran Prakashan Ltd. Media 0.13
switched-out after 1 year from the date of allotment. VST Industries Ltd.
Auto Components 1.43
Products 0.09
ACC Ltd.
Products 1.39 Sub Total 92.13
MphasiS Limited. IT - Software 1.39 Cash,Cash Equivalents and Net Current Assets 7.87
Industry Allocation of Equity Holding Gland Pharma Ltd. Grand Total 100.00
(% of Net Assets) Biotechnology 1.36 • Top Ten Holdings
Solar Industries India Ltd.
Banks 10.66 Petrochemicals 1.34
Pharmaceuticals & Biotechnology 8.93 `
IT - Software 8.09 Supreme Industries Ltd. Industrial Products 1.20
Auto Components 7.60
Industrial Products 7.49 KEC International Ltd. Construction 1.14
Finance 6.02
Consumer Durables 5.25 Star Health and Allied
4.59 Insurance Company Ltd Insurance 1.14 Mr. Dhruv Muchhal (since June 22, 2023)
Insurance
Healthcare Services 4.19 (Total Experience: Over 10 years).
Leisure Services 4.06 KNR Construction limited. Construction 1.01
Chemicals & Petrochemicals 3.24 Karur Vysya Bank Ltd. Banks 0.98 aggregating to ` 134.45 Crores.
Telecom - Services 2.89
Petroleum Products 2.85 Marico Ltd.
Construction 2.61 Other Products 0.98 Page no. 101 to 103.
Ferrous Metals 1.93
Financial Technology (Fintech) 1.67 Redington Ltd.
Cement & Cement Products 1.39 Supplies 0.95
Textiles & Apparels 1.10 no. 104.
Agricultural Food & Other Products 0.98 REC Limited. 0.91
Commercial Services & Supplies 0.95
Capital Markets 0.89 N i p p o n L i fe I nd i a Asset
Gas 0.88 Management Limited Capital Markets 0.89
Personal Products 0.80
Transport Services 0.74 Indraprastha Gas Ltd. Gas 0.88
Aerospace & Defense 0.56 Emami Ltd. Personal Products 0.80
Fertilizers & Agrochemicals 0.49
Agricultural, Commercial & Construction Vehicles 0.38 Symphony Ltd. Consumer Durables 0.75
Entertainment 0.35
Printing & Publication 0.33 Delhivery Limited Transport Services 0.74
Media 0.13
Cigarettes & Tobacco Products 0.09
0 5 10 15

August 2024 15
 HDFC Mid-Cap Opportunities Fund CATEGORY OF SCHEME

(An open ended equity scheme predominantly investing in mid cap stocks)

SIP PERFORMANCE ^ - Regular Plan - Growth Option

Since Inception 15 year 10 year 5 year 3 year 1 year
SIP SIP SIP SIP SIP SIP
Total Amount Invested (` in Lacs) 20.70 18.00 12.00 6.00 3.60 1.20
Mkt Value As on August 30, 2024 (` in Lacs) 170.82 110.85 39.65 14.21 6.18 1.49
Returns (%) 21.40 21.67 22.61 35.36 38.44 47.76
Benchmark Returns (%) # 20.00 20.92 23.37 35.40 37.66 51.36
Additional Benchmark Returns (%) ## 14.15 14.68 16.34 21.52 21.70 34.34
Assuming `
simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.

PERFORMANCE ^ - Regular Plan - Growth Option

Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme (`) Benchmark Additional
Date Period (%) (%)# Returns
(%) ## (`)# Benchmark
(`)##
Aug 31, 23 Last 1 Year 46.77 50.08 32.64 14,677 15,008 13,264
Aug 31, 21 Last 3 Years 29.27 27.88 15.17 21,600 20,915 15,274
Aug 30, 19 Last 5 Years 30.74 31.88 19.37 38,250 39,947 24,262
Aug 28, 14 Last 10 Years 19.92 20.76 13.59 61,667 66,132 35,825
Jun 25, 07 Since Inception 18.66 16.43 12.23 189,440 136,734 72,723

of Direct Plan, refer page 109 to 115.

^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into consideration
for computation of performance.

Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer

Benchmark (This product is suitable for (Current risk as per latest month
investors who are seeking ~) end portfolio)

HDFC Mid-Cap • To generate long-term capital Modera

oderate High tely
Opportunities appreciation / income o M rate Moderately
w t erate Hi Mode High
• Investment predominantly in Mid- o
Fund w t erate Hi
Mo Lo

gh
d

Cap companies
Mo Lo

gh
d
Very
High
Low

BENCHMARK :
Very
High
Low

RISKOMETER
150 (Total Investors understand that their principal will be at RISKOMETER
Returns Index) very high risk Investors understand that their principal will be at
very high risk

Scheme and Benchmark Riskometer As on August 31, 2024

16 August 2024
HDFC Small Cap Fund CATEGORY OF SCHEME

(An open ended equity scheme predominantly investing in small cap stocks)

INVESTMENT OBJECTIVE : To provide long-term capital appreciation /income by investing predominantly in Small-Cap companies. There is no assurance that the investment
objective of the Scheme will be achieved.

FUND MANAGER¥
PORTFOLIO
Chirag Setalvad
(since June 28, 2014)
Total Experience: Over 27 years Company Industry+ % to Company Industry+ % to
NAV NAV
EQUITY & EQUITY RELATED Tata Steel Ltd. 0.70
DATE OF ALLOTMENT / INCEPTION DATE • ION EXCHANGE (INDIA)
April 3, 2008 Supplies 5.34 LIMITED 0.69
• Bank of Baroda Banks 3.16 Bajaj Consumer Care Ltd. Personal Products 0.68
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) • eClerx Services Limited
Supplies 3.15 Industrial Products 0.63
Regular Plan - Growth Option 141.972
Regular Plan - IDCW Option 50.599 • Aster DM Healthcare Limited Healthcare Services 2.75 Vesuvius India Ltd. Industrial Products 0.63
Direct Plan - Growth Option 160.225 • Sonata Software Ltd. IT - Software 2.73 Gujarat Pipavav Port Ltd. Transport Infrastructure 0.62
Direct Plan - IDCW Option 74.184 • Eris Lifesciences Ltd G R Infraprojects Limited Construction 0.60
Biotechnology 2.57 0.58
ASSETS UNDER MANAGEMENT • Power Mech Projects Ltd. Construction 2.35 Industrial Products 0.56
As on August 31, 2024 • Great Eastern Shipping
` 33,893.79 Cr. DCB Bank Limited Banks 0.51
Company Ltd. Transport Services 2.21
Average for Month of August 2024 D B Corp Limited Media 0.49
• Healthcare Services 2.03
` 32,947.58 Cr. • Gabriel India Ltd. Auto Components 1.95
0.46
Bajel Projects Limited Power 0.44
QUANTITATIVE DATA PVR LIMITED Entertainment 1.83
Industrial Products 0.44
Portfolio Turnover Voltamp Transformers Ltd. Electrical Equipment 1.82
Equity Turnover 13.83% T. V. Today Network Ltd. Entertainment 0.42
Total Turnover 25.49% Bajaj Electricals Ltd. Consumer Durables 1.78
GNA Axles Ltd. Auto Components 0.41
Total Turnover = Equity + Debt + Derivative
Risk Ratio Ltd. 1.76
LIMITED 0.41
Standard Deviation 14.741% PNC Infratech Ltd. Construction 1.74
Beta 0.806 Delta Corp Ltd. Leisure Services 0.40
Sharpe Ratio* 1.241 Suprajit Engineering Ltd. Auto Components 1.72
Advanced Enzyme
Computed for the 3-yr period ended August 31, Sudarshan Chemical Technologies Ltd. Biotechnology 0.38
2024. Based on month-end NAV. Industries Limited Petrochemicals 1.69
* Goodyear India Ltd. Auto Components 0.36
Kalpataru Projects
International Ltd Construction 1.68 Global Health Limited Healthcare Services 0.34
data is computed since inception. Krishna Institute Of Medical GMM Pfaudler Limited Industrial Manufacturing 0.34
Sciences Limited Healthcare Services 1.63 Greenlam Industries Ltd. Consumer Durables 0.29
TOTAL EXPENSE RATIO (As on August 31, 2024) Industrial Products 1.63 TCI Express Ltd. Transport Services 0.27
Including Additional Expenses and Goods and Service Indian Bank Banks 1.62 The Anup Engineering
Apar Industries Limited Electrical Equipment 1.56 Limited Industrial Manufacturing 0.26
Regular: 1.57% Direct: 0.66% BEML Limited Agricultural, Commercial
Bank Ltd Banks 1.46 0.25
Safari Industries (India) Ltd. Consumer Durables 1.45 Birlasoft Limited IT - Software 0.25
#BENCHMARK INDEX:
BSE 250 SmallCap Index (TRI) CIE Automotive India Ltd Auto Components 1.42
LIMITED Supplies 0.24
##ADDL. BENCHMARK INDEX: KEI Industries Ltd. Industrial Products 1.37
Auto Components 0.21
Vardhman Textiles Ltd. 1.37
Transport Corporation of Limited 0.17
EXIT LOAD$$ : India Ltd. Transport Services 1.36
Lumax Industries Ltd Auto Components 0.14
Chemicals Ltd. Agrochemicals 1.32 Jagran Prakashan Ltd. Media 0.09
switched-out within 1 year from the date of allotment. Ceigall India Limited Construction 0.08
KEC International Ltd. Construction 1.31
switched-out after 1 year from the date of allotment.
Blue Dart Express Ltd. Transport Services 1.29 OCCL Limited
Petrochemicals 0.08
Shoppers Stop Ltd. Retailing 1.21
Sadbhav Engineering Ltd. Construction 0.08
Banks 1.19
TCPL PACKAGING LIMITED Industrial Products 0.03
Chalet Hotels Ltd. Leisure Services 1.15
Nilkamal Ltd. Consumer Durables @
Auto Components 1.13
Sub Total 92.86
Redtape Limited Consumer Durables 1.12
Cash,Cash Equivalents and Net Current Assets 7.14
Aditya Vision Limited Retailing 1.11
Grand Total 100.00
VRL Logistics Ltd. Transport Services 1.08
Gateway Distriparks Limited Transport Services 0.99 • Top Ten Holdings, @ Less than 0.01%

Biotechnology 0.94
`
La Opala RG Limited Consumer Durables 0.90
Sharda Cropchem Ltd.
Agrochemicals 0.90
Zensar Technologies Ltd. IT - Software 0.89
Mr. Dhruv Muchhal (since June 22, 2023)
Multi Commodity Exchange
of India Ltd Capital Markets 0.87 (Total Experience: Over 10 years).
Beverages 0.87
aggregating to ` 138.30 Crores.
NRB Bearing Ltd. Auto Components 0.83
Emami Ltd. Personal Products 0.81
Page no. 101 to 103.
Redington Ltd.
Supplies 0.81
Insecticides (India) Ltd. no. 104.
Agrochemicals 0.76
Cyient Ltd. IT - Services 0.72

August 2024 17
HDFC Small Cap Fund CATEGORY OF SCHEME

(An open ended equity scheme predominantly investing in small cap stocks)

Industry Allocation of Equity Holding SIP PERFORMANCE ^ - Regular Plan - Growth Option
(% of Net Assets) Since Inception 15 year 10 year 5 year 3 year 1 year
SIP SIP SIP SIP SIP SIP
Commercial Services & Supplies 9.54 Total Amount Invested (` in Lacs) 19.70 18.00 12.00 6.00 3.60 1.20
Auto Components 8.17 Mkt Value As on August 30, 2024 (` in Lacs) 130.14 99.31 40.79 14.38 5.89 1.45
Banks 7.94
Construction 7.84 Returns (%) 20.35 20.43 23.13 35.87 34.81 40.10
Transport Services 7.20 Benchmark Returns (%) # 17.21 17.61 21.83 37.20 38.38 52.39
Healthcare Services 6.75
5.54 Additional Benchmark Returns (%) ## 14.59 14.68 16.34 21.52 21.70 34.34
Consumer Durables
Industrial Products 5.29 Assuming `
Pharmaceuticals & Biotechnology 3.89
IT - Software 3.87 simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
Electrical Equipment 3.38
Fertilizers & Agrochemicals 2.98 PERFORMANCE ^ - Regular Plan - Growth Option
Ferrous Metals 2.46
Retailing 2.32 Scheme Benchmark Additional Value of ` 10,000 invested
2.25 Returns Returns Benchmark Scheme (`) Benchmark Additional
Entertainment Date Period (%) (%)# Returns
Textiles & Apparels 1.78 (%) ## (`)# Benchmark
Chemicals & Petrochemicals 1.77 (`)##
Leisure Services 1.55 Aug 31, 23 Last 1 Year 36.37 49.76 32.64 13,637 14,976 13,264
Personal Products 1.49
Finance 1.21 Aug 31, 21 Last 3 Years 26.88 27.76 15.17 20,426 20,852 15,274
Capital Markets 0.87 Aug 30, 19 Last 5 Years 30.47 32.67 19.37 37,855 41,168 24,262
Beverages 0.87
IT - Services 0.72 Aug 28, 14 Last 10 Years 20.31 17.04 13.59 63,682 48,326 35,825
Other Utilities 0.69 Apr 03, 08 Since Inception 17.54 12.36 12.02 141,972 67,778 64,500
Transport Infrastructure 0.62
Industrial Manufacturing 0.60
Media 0.58
Power 0.44
Agricultural, Commercial & Construction Vehicles 0.25 refer page 109 to 115.
0 5 10 15 ^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into consideration
for computation of performance.

Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer

Benchmark (This product is suitable for (Current risk as per latest month
investors who are seeking ~) end portfolio)

HDFC Small • To generate long-term capital Modera

oderate High tely
Cap Fund appreciation / income o M rate Moderately
w t erate Hi Mode High
• Investment predominantly in o
w t erate Hi
Mo Lo

gh
d

Small-Cap companies

Mo Lo
BENCHMARK

gh
d
Very
High
Low

: BSE 250

Very
High
Low
SmallCap Index RISKOMETER
(TRI) Investors understand that their principal will be at RISKOMETER
very high risk Investors understand that their principal will be at
very high risk

Scheme and Benchmark Riskometer As on August 31, 2024

18 August 2024
 HDFC Large and Mid Cap Fund CATEGORY OF SCHEME
(An open ended equity scheme investing in both large cap and mid cap
stocks)
KEY FACTS
INVESTMENT OBJECTIVE : To generate long term capital appreciation/income from a portfolio, predominantly invested in equity and equity related instruments. There is no
assurance that the investment objective of the Scheme will be achieved.
FUND MANAGER ¥
Gopal Agrawal PORTFOLIO
(since July 16, 2020)
Total Experience: Over 21 years
Company Industry+ / Rating % to Company Industry+ / Rating % to
DATE OF ALLOTMENT / INCEPTION DATE NAV NAV
EQUITY & EQUITY RELATED InterGlobe Aviation Ltd. Transport Services 0.74
• Banks 4.72 SBI Life Insurance Company
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) Ltd. Insurance 0.74
• ICICI Bank Ltd. Banks 3.42
Regular Plan - Growth Option 346.915 Bandhan Bank Ltd. Banks 0.70
Regular Plan - IDCW Option 41.190 • Indusind Bank Ltd. Banks 2.26
Direct Plan - Growth Option 362.293 Auto Components 0.70
• Infosys Limited IT - Software 1.91
Direct Plan - IDCW Option 52.537 Timken India Ltd. Industrial Products 0.65
• Trent Ltd. Retailing 1.83
ASSETS UNDER MANAGEMENT Coforge Limited IT - Software 0.63
• Axis Bank Ltd. Banks 1.61
As on August 31, 2024
Crompton Greaves Consumer
` 23,712.31 Cr. • Tata Motors Ltd. Automobiles 1.50 Elec. Ltd. Consumer Durables 0.62
Average for Month of August 2024 • State Bank of India Banks 1.45 Tata Consumer Products
` 22,883.64 Cr. Limited Other Products 0.62
• Lupin Ltd.
QUANTITATIVE DATA Biotechnology 1.43
Portfolio Turnover Apollo Tyres Ltd. Auto Components 0.59
Equity Turnover 6.50% • MphasiS Limited. IT - Software 1.40 Tata Communications Limited Telecom - Services 0.59
Total Turnover 6.50%
Total Turnover = Equity + Debt + Derivative Prestige Estates Projects Ltd. Realty 1.39 Banks 0.57
Risk Ratio 1.28
Standard Deviation 13.398%
Beta 0.977 Aurobindo Pharma Ltd. Services Ltd. Capital Markets 0.56
Sharpe Ratio* 1.277 Biotechnology 1.24
Computed for the 3-yr period ended August 31, Petrochemicals 0.56
2024. Based on month-end NAV. Ajanta Pharma Limited
* Biotechnology 1.23 Tech Mahindra Ltd. IT - Software 0.56
NTPC Limited Power 1.22
data is computed since inception.
Tata Consultancy Services Ltd. IT - Software 1.22 Bazaar) 0.55
TOTAL EXPENSE RATIO (As on August 31, 2024) HCL Technologies Ltd. IT - Software 1.21 Ashok Leyland Ltd Agricultural, Commercial
Including Additional Expenses and Goods and Service 0.54
Gland Pharma Ltd.
Biotechnology 1.19 Bharat Petroleum Corporation
Regular: 1.66% Direct: 0.81% Ltd. Petroleum Products 0.54
Hindustan Petroleum Corp.
#BENCHMARK INDEX: Ltd. Petroleum Products 1.19 Emami Ltd. Personal Products 0.54
Bharti Airtel Ltd. Telecom - Services 1.18 Power Grid Corporation of
##ADDL. BENCHMARK INDEX: India Ltd. Power 0.54
BSE SENSEX (Total Returns Index) Insurance 1.18
Bank of Baroda Banks 0.53
EXIT LOAD$$ : ESCORTS LTD. Agricultural, Commercial
1.16 Cipla Ltd.
Biotechnology 0.53
switched-out within 1 year from the date of allotment. Kotak Mahindra Bank Limited Banks 1.16
Eicher Motors Ltd. Automobiles 0.53
switched-out after 1 year from the date of allotment.
Ltd. 1.16 REC Limited. 0.52
Industry Allocation of Equity Holding Reliance Industries Ltd. Petroleum Products 1.16 Banks 0.51
(% of Net Assets) Bharat Electronics Ltd. 1.14 0.51
Larsen and Toubro Ltd. Construction 1.14 Solar Industries India Ltd.
Banks 18.19 Petrochemicals 0.51
Pharmaceuticals & Biotechnology 9.36
Finance 9.12 Whirlpool of India Ltd. Consumer Durables 0.50
IT - Software 7.75 1.12
Auto Components 3.89
Automobiles 3.38 Max Healthcare Institute
Petroleum Products 2.89 Limited Healthcare Services 1.03 Ltd. Oil 0.49
Power 2.85
Consumer Durables 2.77 Hindustan Aeronautics Limited 0.94 Torrent Pharmaceuticals Ltd.
Retailing 2.75 Biotechnology 0.49
Insurance 2.61
Healthcare Services 2.56 Healthcare Services 0.93
Aerospace & Defense 2.43 Persistent Systems Limited IT - Software 0.48
Telecom - Services 2.12 Indian Hotels Company Ltd. Leisure Services 0.91
Chemicals & Petrochemicals 1.92 GAIL (India) Ltd. Gas 0.46
Leisure Services 1.77 0.87
Agricultural, Commercial & Construction Vehicles 1.70 Indian Bank Banks 0.46
Transport Services 1.69 Sun Pharmaceutical Industries
Industrial Products 1.65 0.46
Realty 1.55 Ltd. Biotechnology 0.84
Gas 1.49
Construction 1.47 Ipca Laboratories Ltd. Oil India Limited Oil 0.46
Cement & Cement Products 1.22 Biotechnology 0.82
Ferrous Metals 1.14 Hindalco Industries Ltd. 0.44
Fertilizers & Agrochemicals 0.97
Oil 0.95 ITC Ltd. 0.81 Voltas Ltd. Consumer Durables 0.44
Industrial Manufacturing 0.88
Diversified Fmcg 0.86 Indraprastha Gas Ltd. Gas 0.80 Cholamandalam Investment
Capital Markets 0.79
Entertainment 0.68 Ambuja Cements Ltd. 0.43
Agricultural Food & Other Products 0.62 Products 0.79
Financial Technology (Fintech) 0.61 Automobiles 0.43
Beverages 0.58
Personal Products 0.56 0.78 Banks 0.42
Non - Ferrous Metals 0.44
Commercial Services & Supplies 0.40 0.78 Zomato Ltd Retailing 0.42
Electrical Equipment 0.35
Textiles & Apparels 0.22 Balkrishna Industries Ltd. Auto Components 0.75
Telecom - Equipment & Accessories 0.19 Delhivery Limited Transport Services 0.41
IT - Services 0.08 Maruti Suzuki India Limited Automobiles 0.75
Transport Infrastructure 0.06 NHPC Ltd. Power 0.41
0 10 20

August 2024 19
HDFC Large and Mid Cap Fund CATEGORY OF SCHEME
(An open ended equity scheme investing in both large cap and mid cap
stocks)

PORTFOLIO

Company Industry+ / Rating % to Company Industry+ / Rating % to Company Industry+ / Rating % to

NAV NAV NAV
Adani Energy Solutions Page Industries Ltd 0.22 JSW Infrastructure Limited Transport Infrastructure 0.06
Limited Power 0.40
Blue Star Ltd. Consumer Durables 0.21 Motherson Sumi Wiring India
CIE Automotive India Ltd Auto Components 0.40 Limited Auto Components 0.06
Deepak Nitrite Limited
Eris Lifesciences Ltd Petrochemicals 0.21
Biotechnology 0.40 LIMITED (Paytm) 0.06
PVR LIMITED Entertainment 0.21
Cello World Limited Consumer Durables 0.05
Limited 0.40 Syngene International Limited Healthcare Services 0.21
0.05
Aster DM Healthcare Limited Healthcare Services 0.39 Avalon Technologies Limited Electrical Equipment 0.20
ICICI Prudential Life Insurance
Industrial Products 0.39 Company Ltd. Insurance 0.05
Holdings Ltd. 0.20
PI Industries Ltd. Auto Components 0.05
Agrochemicals 0.38
OCCL Limited
CREDITACCESS GRAMEEN Ltd.) 0.19 Petrochemicals 0.05
LIMITED 0.37
Reliance Power Ltd. Power 0.05
Tata Steel Ltd. 0.36 SERVICES Capital Markets 0.19
Central Depository Services
ACC Ltd. Container Corporation of (India) Ltd. Capital Markets 0.04
Products 0.35 India Ltd. Transport Services 0.19
Chemplast Sanmar Limited
DCX Systems Limited 0.35 Kajaria Ceramics Ltd. Consumer Durables 0.19 Petrochemicals 0.04
Titagarh Wagons Limited Industrial Manufacturing 0.35 Craftsman Automation Ltd Auto Components 0.04
Ltd. Petrochemicals 0.19
Telecom - Services 0.35 Delta Corp Ltd. Leisure Services 0.04
STERLITE TECHNOLOGIES
Blue Dart Express Ltd. Transport Services 0.34 LIMITED Accessories 0.19 Nazara Technologies Limited Entertainment 0.04
Havells India Ltd. Consumer Durables 0.34 Bank of India Banks 0.18
Ltd Petrochemicals 0.03
Bosch Limited Auto Components 0.18
Limited Insurance 0.34 Hero MotoCorp Ltd. Automobiles 0.03
Samvardhana Motherson
Leisure Services 0.34 International Ltd. Auto Components 0.18
Ltd. Petrochemicals 0.03
LTIMindtree Limited IT - Software 0.33 Beverages 0.18
Titan Company Ltd. Consumer Durables 0.03
Redington Ltd. Zydus Lifesciences Limited
Supplies 0.33 Biotechnology 0.17 Aarti Pharmalabs Limited
Biotechnology 0.02
Auto Components 0.33 Macrotech Developers Limited Realty 0.16
Godrej Consumer Products Ltd. Personal Products 0.02
Devyani International Ltd Leisure Services 0.32 Star Health and Allied
Insurance Company Ltd Insurance 0.16 ICICI Lombard General
Divis Laboratories Ltd. Insurance Co Insurance 0.02
Biotechnology 0.32 Bharat Heavy Electricals Ltd. Electrical Equipment 0.15
Indigo Paints Limited Consumer Durables 0.02
Beverages 0.32 Biocon Ltd.
Biotechnology 0.15 LATENT VIEW ANALYTICS
AIA Engineering Ltd. Industrial Products 0.31 LIMITED IT - Software 0.01
Zee Entertainment Enterprises 0.14
TCI Express Ltd. Transport Services 0.01
Ltd. Entertainment 0.31 TVS Motor Company Ltd. Automobiles 0.14
Atul Ltd.
Brainbees Solutions Limited Canara Bank Banks 0.13 Petrochemicals @
Retailing 0.30
Sub Total 97.51
Dr Reddys Laboratories Ltd. Limited (Nykaa) Retailing 0.12
Biotechnology 0.30 UNITS ISSUED BY REIT & INVIT
0.12
KAYNES TECHNOLOGY INDIA Realty 0.38
LIMITED Industrial Manufacturing 0.30 Life Insurance Corporation
of India Insurance 0.12 Sub Total 0.38
Supreme Industries Ltd. Industrial Products 0.30
Sun TV Network Limited Entertainment 0.12 MUTUAL FUND UNITS
Agrochemicals 0.30 NBCC (INDIA) Ltd. Construction 0.10 0.16
Paradeep Phosphates Limited Sub Total 0.16
Agrochemicals 0.29 LIMITED Leisure Services 0.10 Cash,Cash Equivalents and Net Current Assets 1.95
SBI CARDS AND PAYMENT Auto Components 0.10 Grand Total 100.00
SERVICES LIMITED 0.29
CarTrade Tech Limited Retailing 0.08
Aditya Birla Capital ltd. 0.28
Ikio Lighting Limited Consumer Durables 0.08
Tube Investments of India Ltd. Auto Components 0.28 `
JK Cement Limited
Bata India Ltd. Consumer Durables 0.23 Products 0.08
Exide Industries Ltd. Auto Components 0.23 IT - Services 0.08
Glenmark Pharmaceuticals Beverages 0.08 Mr. Dhruv Muchhal (since June 22, 2023)
Ltd. Biotechnology 0.23 (Total Experience: Over 10 years).
Aarti Industries Ltd.
Petrochemicals 0.07
LIMITED Petrochemicals 0.23 ` 33.47 Crores.
eClerx Services Limited
Gujarat State Petronet Ltd. Gas 0.23 Supplies 0.07 on Page no. 101 to 103.
NLC India Ltd. Power 0.23 Banks 0.07
Sterling and Wilson Dixon Technologies (India) Ltd. Consumer Durables 0.06 no. 104.
Renewable Energy Ltd. Construction 0.23
Indian Railway Catering And
Industrial Manufacturing 0.23 Tourism Corp Ltd Leisure Services 0.06

20 August 2024
 HDFC Large and Mid Cap Fund CATEGORY OF SCHEME
(An open ended equity scheme investing in both large cap and mid cap
stocks)

SIP PERFORMANCE ^ - Regular Plan - Growth Option

Since Inception 15 year 10 year 5 year 3 year 1 year
SIP SIP SIP SIP SIP SIP
Total Amount Invested (` in Lacs) 36.70 18.00 12.00 6.00 3.60 1.20
Mkt Value As on August 30, 2024 (` in Lacs) $$ 629.38 74.22 34.80 13.01 5.80 1.48
Returns (%) $$ 15.13 17.13 20.20 31.58 33.58 46.76
Benchmark Returns (%) # N.A. 18.12 20.16 29.00 30.67 45.42
Additional Benchmark Returns (%) ## 14.35 14.58 16.09 20.28 19.98 30.68
Assuming `
investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.

PERFORMANCE ^ - Regular Plan - Growth Option

Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark
Scheme (`) Benchmark Additional
Date Period (%) $$ (%)# Returns
(%) ## $$ (`)# Benchmark
(`)##
Aug 31, 23 Last 1 Year 44.91 44.18 28.63 14,491 14,418 12,863
Aug 31, 21 Last 3 Years 25.65 21.99 14.15 19,836 18,152 14,875
Aug 30, 19 Last 5 Years 26.81 25.93 18.54 32,834 31,709 23,425
Aug 28, 14 Last 10 Years 15.09 17.54 13.35 40,856 50,457 35,063
Since Inception 13.30 NA 12.08 453,536 NA 325,660
Returns greater than 1 year period are compounded annualized (CAGR). N.A. Not Available. The Scheme, formerly a large cap fund, has
changed. Hence, the past performance of the Scheme may not strictly be comparable with that of the new benchmark.
As BSE SENSEX TRI data is not available since inception of the scheme, additional benchmark performance is calculated using composite

^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into
consideration for computation of performance.

Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer

Benchmark (This product is suitable for (Current risk as per latest month
investors who are seeking ~) end portfolio)

HDFC Large • To generate long-term capital

Modera
and Mid Cap appreciation/income oderate High tely
o M Modera
oderate High tely
• Investment predominantly w t erate Hi
Fund o M
w t erate Hi
Mo Lo

gh

in Large Cap and Mid Cap

d

Mo Lo

gh
d

BENCHMARK companies
Very
High
Low

Very
High
Low

:
RISKOMETER
Midcap 250
Investors understand that their principal will be at RISKOMETER
(Total Returns very high risk Investors understand that their principal will be at
Index) very high risk

Scheme and Benchmark Riskometer As on August 31, 2024

August 2024 21
HDFC Capital Builder Value Fund CATEGORY OF SCHEME
(An open ended equity scheme following a value investment strategy)
(This is a simple and performing scheme which is eligible for distribution by new cadre of distributors)

INVESTMENT OBJECTIVE : To achieve capital appreciation/income in the long term by primarily investing in undervalued stocks. There is no assurance that the investment
objective of the Scheme will be achieved.

FUND MANAGER ¥ PORTFOLIO

Anand Laddha
Total Experience: Over 20 years Company Industry+ % to Company Industry+ % to
NAV NAV
EQUITY & EQUITY RELATED
• ICICI Bank Ltd. Banks 6.63 Company Ltd Capital Markets 0.50
DATE OF ALLOTMENT / INCEPTION DATE • Banks 6.35 Krishna Institute Of Medical
• Infosys Limited IT - Software 4.96 Sciences Limited Healthcare Services 0.49
• Bharti Airtel Ltd. Telecom - Services 4.90 GMM Pfaudler Limited Industrial
Manufacturing 0.48
• Axis Bank Ltd. Banks 3.88
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) • State Bank of India Banks 3.48
Regular Plan - Growth Option 747.733 • NTPC Limited Power 3.34 Ltd.) 0.45
Regular Plan - IDCW Option 37.953 • Sun Pharmaceutical Industries
Direct Plan - Growth Option 829.051 Dilip Buildcon Ltd. Construction 0.45
Ltd. Biotechnology 2.72 Technocraft Industries (India)
Direct Plan - IDCW Option 46.009
• Larsen and Toubro Ltd. Construction 2.63 Ltd Industrial Products 0.44
• HCL Technologies Ltd. IT - Software 2.27 0.43
ASSETS UNDER MANAGEMENT Prestige Estates Projects Ltd. Realty 2.19
As on August 31, 2024 TCI Express Ltd. Transport Services 0.42
The Phoenix Mills Limited Realty 1.85 ESCORTS LTD. Agricultural,
` 7,733.37 Cr.
Average for Month of August 2024 SBI Life Insurance Company Ltd. Insurance 1.81
Tech Mahindra Ltd. IT - Software 1.59 Construction Vehicles 0.41
` 7,506.19 Cr. Dabur India Ltd. Personal Products 0.39
Bharat Electronics Ltd. 1.55
Cipla Ltd. Apar Industries Limited Electrical Equipment 0.38
QUANTITATIVE DATA
Portfolio Turnover Biotechnology 1.54 Apollo Tyres Ltd. Auto Components 0.38
Equity Turnover 15.23% Godrej Consumer Products Ltd. Personal Products 1.47 Great Eastern Shipping
Total Turnover 15.23% Tata Motors Ltd. Automobiles 1.44 Company Ltd. Transport Services 0.38
Total Turnover = Equity + Debt + Derivative Crompton Greaves Consumer
STERLITE TECHNOLOGIES
Risk Ratio LIMITED Accessories 1.43 Elec. Ltd. Consumer Durables 0.37
Standard Deviation 13.106% Central Depository Services
Beta 0.985 Bajaj Auto Limited Automobiles 1.41
(India) Ltd. Capital Markets 0.36
Sharpe Ratio* 1.041 ITC Ltd. 1.39
Computed for the 3-yr period ended August 31, Auto Components 0.35
Beverages 1.31
2024. Based on month-end NAV. Indoco Remedies Ltd.
* Multi Commodity Exchange of Biotechnology 0.34
India Ltd Capital Markets 1.27
Zomato Ltd Retailing 0.32
data is computed since inception. Lupin Ltd.
Biotechnology 1.23 G R Infraprojects Limited Construction 0.30
Radico Khaitan Limited Beverages 1.21 R R KABEL LIMITED Industrial Products 0.30
TOTAL EXPENSE RATIO (As on August 31, 2024) Ambuja Cements Ltd. Balkrishna Industries Ltd. Auto Components 0.27
Including Additional Expenses and Goods and Service Products 1.20 MedPlus Health Services
Limited Retailing 0.26
Regular: 1.83% Direct: 0.97% 1.20 Popular Vehicles and Services
Bosch Limited Auto Components 1.14 Limited Automobiles 0.20
1.14 Wheels India Ltd. Auto Components 0.17
#BENCHMARK INDEX: Elecon Engineering Comapny Industrial
Ashoka Buildcon Ltd. Construction 1.12
Ltd. Manufacturing 0.16
##ADDL. BENCHMARK INDEX: Max Healthcare Institute
Limited Healthcare Services 1.12 Zee Entertainment Enterprises
Ltd. Entertainment 0.15
Ajanta Pharma Limited
Biotechnology 1.07 Baazar Style Retail Limited Retailing 0.13
EXIT LOAD$$ : Jubilant Ingrevia Limited
Products 1.03 Petrochemicals 0.12
switched-out within 1 year from the date of allotment. Bharat Petroleum Corporation Gujarat Industries Power
Ltd. Petroleum Products 1.02 Co. Ltd. Power 0.08
switched-out after 1 year from the date of allotment.
Coal India Ltd. 0.98 Sadbhav Infrastructure Project
Ltd. (Corporate Guarantee of
Auto Components 0.92 Sadbhav Engineering Ltd.) Construction 0.01
GAIL (India) Ltd. Gas 0.92 Sub Total 98.58
Emami Ltd. Personal Products 0.84 UNITS ISSUED BY REIT & INVIT
Beverages 0.77 POWERGRID Infrastructure
Industrial Products 0.76 Investment Trust Power @
Adani Energy Solutions Limited Power 0.74 Sub Total @
IT - Services 0.74 Cash,Cash Equivalents and Net Current Assets 1.42
Banks 0.69 Grand Total 100.00
Banks 0.69 • Top Ten Holdings, £ Sponsor, @ Less than 0.01%.
Hindustan Petroleum Corp. Ltd. Petroleum Products 0.69
Indusind Bank Ltd. Banks 0.66 `
Eicher Motors Ltd. Automobiles 0.64
Maruti Suzuki India Limited Automobiles 0.64
Mr. Dhruv Muchhal (since June 22, 2023)
Co. Ltd. Construction 0.64 (Total Experience: Over 10 years).
Tata Steel Ltd. 0.59
Gujarat Pipavav Port Ltd. Transport Infrastructure 0.58
Page no. 101 to 103.
VIP Industries Ltd. Consumer Durables 0.57
METRO BRANDS LIMITED Consumer Durables 0.56
Whirlpool of India Ltd. Consumer Durables 0.56
Angel One Ltd. Capital Markets 0.51
PVR LIMITED Entertainment 0.51

22 August 2024
 HDFC Capital Builder Value Fund CATEGORY OF SCHEME

(An open ended equity scheme following a value investment strategy)

Industry Allocation of Equity Holding

(% of Net Assets)
Banks 22.38
IT - Software 8.82
Pharmaceuticals & Biotechnology 6.90
Construction 5.15
Telecom - Services 4.90
Automobiles 4.33
Power 4.16
Realty 4.04
Beverages 3.29
Auto Components 3.23
Finance 3.22
Personal Products 2.70
Capital Markets 2.64
Cement & Cement Products 2.23
Consumer Durables 2.06
Insurance 1.81
Petroleum Products 1.71
Healthcare Services 1.61
Aerospace & Defense 1.55
Industrial Products 1.50
Telecom - Equipment & Accessories 1.43
Diversified Fmcg 1.39
Consumable Fuels 0.98
Gas 0.92
Transport Services 0.80
IT - Services 0.74
Retailing 0.71
Entertainment 0.66
Industrial Manufacturing 0.64
Ferrous Metals 0.59
Transport Infrastructure 0.58
Agricultural, Commercial & Construction Vehicles 0.41
Electrical Equipment 0.38
Chemicals & Petrochemicals 0.12
0 10 20 30

SIP PERFORMANCE ^ - Regular Plan - Growth Option

Since Inception 15 year 10 year 5 year 3 year 1 year
SIP SIP SIP SIP SIP SIP
Total Amount Invested (` in Lacs) 36.70 18.00 12.00 6.00 3.60 1.20
Mkt Value As on August 30, 2024 (` in Lacs) 1,128.74 72.23 31.03 11.93 5.60 1.50
Returns (%) 17.92 16.82 18.07 27.91 30.90 50.15
Benchmark Returns (%) # N.A. 16.12 18.19 25.72 27.23 42.69
Additional Benchmark Returns (%) ## 14.16 14.68 16.34 21.52 21.70 34.34
Assuming `
purposes only and should not be construed as a promise on minimum returns and safeguard of capital.

PERFORMANCE ^ - Regular Plan - Growth Option

Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme (`) Benchmark Additional
Date Period (%) (%)# Returns
(%) ## (`)# Benchmark
(`)##
Aug 31, 23 Last 1 Year 48.82 41.58 32.64 14,882 14,158 13,264
Aug 31, 21 Last 3 Years 21.48 18.95 15.17 17,929 16,829 15,274
Aug 30, 19 Last 5 Years 23.01 22.70 19.37 28,200 27,845 24,262
Aug 28, 14 Last 10 Years 15.46 15.32 13.59 42,174 41,684 35,825
Since Inception 15.14 NA 11.61 747,733 NA 287,934

^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into consideration
for computation of performance.

Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer

Benchmark (This product is suitable for (Current risk as per latest month
investors who are seeking ~) end portfolio)

HDFC Capital • To generate long-term capital Modera

oderate High tely
Builder Value appreciation / income in the long o M rate Moderately
w t erate Hi Mode High
term o
Fund w t erate Hi
Mo Lo

gh
d

• Investment primarily in
Mo Lo

gh
d
Very

undervalued stocks
High
Low

BENCHMARK
Very
High
Low

: RISKOMETER
(Total Returns Investors understand that their principal will be at RISKOMETER
Index) very high risk Investors understand that their principal will be at
very high risk

Scheme and Benchmark Riskometer As on August 31, 2024

August 2024 23
HDFC Dividend Yield Fund
(An open ended equity scheme predominantly investing in dividend yielding stocks)
CATEGORY OF SCHEME
(This is a simple and performing scheme which is eligible for distribution by new cadre of
distributors)

INVESTMENT OBJECTIVE :
instruments of dividend yielding companies. There is no assurance that the investment objective of the Scheme will be achieved.

PORTFOLIO
FUND MANAGER ¥
Gopal Agrawal
(since December 18, 2020) Company Industry+ % to Company Industry+ % to
Total Experience: Over 21 years NAV NAV
EQUITY & EQUITY RELATED Godrej Consumer Products
DATE OF ALLOTMENT / INCEPTION DATE • Banks 5.37 Ltd. Personal Products 0.72
December 18, 2020 • ICICI Bank Ltd. Banks 3.96 Industrial Products 0.70
• Infosys Limited IT - Software 3.13 Dr Reddys Laboratories Ltd.
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) Biotechnology 0.67
• Axis Bank Ltd. Banks 2.99 Lupin Ltd.
Regular Plan - Growth Option 26.248
Regular Plan - IDCW Option 24.351 • Tech Mahindra Ltd. IT - Software 2.90 Biotechnology 0.67
Direct Plan - Growth Option 27.750 • Tata Consultancy Services Ltd. IT - Software 2.72 Emami Ltd. Personal Products 0.66
Direct Plan - IDCW Option 25.881
• NTPC Limited Power 2.55 Nestle India Ltd. 0.65
ASSETS UNDER MANAGEMENT • Larsen and Toubro Ltd. Construction 2.51
As on August 31, 2024 Agrochemicals 0.65
• Reliance Industries Ltd. Petroleum Products 2.43
` 6,202.55 Cr. Apollo Tyres Ltd. Auto Components 0.64
Average for Month of August 2024 • Maruti Suzuki India Limited Automobiles 2.13
Indraprastha Gas Ltd. Gas 0.63
` 6,005.56 Cr. HCL Technologies Ltd. IT - Software 2.10
Aster DM Healthcare Limited Healthcare Services 0.62
Kotak Mahindra Bank Limited Banks 2.10
QUANTITATIVE DATA NHPC Ltd. Power 0.62
Portfolio Turnover Sun Pharmaceutical Industries
Equity Turnover 16.45% Ltd. Biotechnology 2.00
Total Turnover 16.45% LIMITED 0.60
Total Turnover = Equity + Debt + Derivative ITC Ltd. 1.86
Risk Ratio SBI Life Insurance Company Limited Insurance 0.60
Standard Deviation 12.672% Ltd. Insurance 1.85
Beta 0.945
Sharpe Ratio* 1.302 Coal India Ltd. 1.69 Ind Ltd. Leisure Services 0.60
Computed for the 3-yr period ended August 31, Bharti Airtel Ltd. Telecom - Services 1.61
2024. Based on month-end NAV. Dilip Buildcon Ltd. Construction 0.59
* State Bank of India Banks 1.58 Cummins India Ltd. Industrial Products 0.57
data is computed since inception. Bharat Electronics Ltd. 1.45 VRL Logistics Ltd. Transport Services 0.57
1.34 0.55
TOTAL EXPENSE RATIO (As on August 31, 2024) KAYNES TECHNOLOGY INDIA Industrial Canara Bank Banks 0.54
Including Additional Expenses and Goods and Service LIMITED Manufacturing 1.31
DCX Systems Limited 0.52
Ltd. Oil 1.28 0.51
Regular: 1.80% Direct: 0.56%
Tata Motors Ltd. Automobiles 1.25 Vardhman Textiles Ltd. 0.51
#BENCHMARK INDEX: Indusind Bank Ltd. Banks 1.12 Bharti Hexacom Limited Telecom - Services 0.50
PVR LIMITED Entertainment 1.11 Retailing 0.50
##ADDL. BENCHMARK INDEX:
CESC Ltd. Power 1.09 Quess Corp Ltd.
Supplies 0.50
EXIT LOAD$$ : Cipla Ltd.
Biotechnology 1.07 Cyient Ltd. IT - Services 0.48
switched-out within 1 year from the date of allotment. STERLITE TECHNOLOGIES Telecom - Equipment Asian Paints Limited Consumer Durables 0.47
LIMITED 1.07 GHCL Limited
switched-out after 1 year from the date of allotment.
Balrampur Chini Mills Ltd. Petrochemicals 0.45
Other Products 1.06 Hindalco Industries Ltd. 0.45
Ltd. 1.06 Automobiles 0.45
Bajaj Auto Limited Automobiles 1.02 Company Ltd Capital Markets 0.45
TD Power Systems Ltd. Electrical Equipment 1.01 Biocon Ltd.
Eicher Motors Ltd. Automobiles 1.00 Biotechnology 0.43
REC Limited. 1.00 PNC Infratech Ltd. Construction 0.43
Ambuja Cements Ltd. Divis Laboratories Ltd.
Products 0.99 Biotechnology 0.33
Whirlpool of India Ltd. Consumer Durables 0.94 Stanley Lifestyles Limited Consumer Durables 0.33
Tata Steel Ltd. 0.92 Tata Communications Limited Telecom - Services 0.32
Apollo Hospitals Enterprise Electronics Mart India Ltd Retailing 0.31
Ltd. Healthcare Services 0.84 Netweb Technologies India
Blue Dart Express Ltd. Transport Services 0.84 Limited It - Hardware 0.31
BEML Land Assets Limited 0.82 Castrol India Ltd. Petroleum Products 0.26
Industrial Products 0.79 ICICI Securities Ltd Capital Markets 0.25
Wipro Ltd. IT - Software 0.79 Premier Energies Limited Electrical Equipment 0.25
Emcure Pharmaceuticals
Holdings Ltd. 0.77 Limited Biotechnology 0.23
GAIL (India) Ltd. Gas 0.77 Gujarat Pipavav Port Ltd. Transport
Infrastructure 0.22
AIA Engineering Ltd. Industrial Products 0.75
Voltamp Transformers Ltd. Electrical Equipment 0.22
Hindustan Aeronautics
Limited 0.75
Chemicals Ltd. Agrochemicals 0.21
RHI MAGNESITA INDIA Limited Industrial Products 0.75

24 August 2024
HDFC Dividend Yield Fund CATEGORY OF SCHEME
(An open ended equity scheme predominantly investing in dividend
yielding stocks)

Industry Allocation of Equity Holding PORTFOLIO

(% of Net Assets)
Company Industry+ % to Company Industry+ % to
Banks 17.66 NAV NAV
IT - Software 11.76
Automobiles 6.03 0.21 Units issued by ReIT
Finance 5.52
Pharmaceuticals & Biotechnology 5.40 Sun TV Network Limited Entertainment 0.20 Realty 0.63
Power 4.26
Industrial Products 3.81 Sub Total 0.63
Construction 3.72 Co. Ltd. Construction 0.19
Diversified Fmcg 3.20 Total 0.82
Aerospace & Defense 2.72 Popular Vehicles and Services
Petroleum Products 2.69 Cash,Cash Equivalents and Net Current Assets 1.33
Insurance 2.45 Limited Automobiles 0.18
Telecom - Services 2.43 Grand Total 100.00
Consumer Durables 1.88 Consumer Durables 0.14
Consumable Fuels 1.69 • Top Ten Holdings, £ Sponsor
Electrical Equipment 1.56 Inox India Limited Industrial Products 0.14
Healthcare Services 1.46
Transport Services 1.41 Sai Silks (Kalamandir) Limited Retailing 0.12
Gas 1.40 `
Personal Products 1.38 Timken India Ltd. Industrial Products 0.11
Industrial Manufacturing 1.31
Entertainment 1.31
Oil 1.28 Products 0.11
Cement & Cement Products 1.10 Mr. Dhruv Muchhal (since June 22, 2023)
Telecom - Equipment & Accessories 1.07 Rishabh instruments Limited Electrical Equipment 0.08
Agricultural Food & Other Products 1.06 (Total Experience: Over 10 years).
Retailing 0.93 Sonata Software Ltd. IT - Software 0.08
Ferrous Metals 0.92
Fertilizers & Agrochemicals 0.86 GHCL Textiles Limited 0.07 aggregating to ` 45.60 Crores.
Capital Markets 0.70
Food Products 0.65 LATENT VIEW ANALYTICS
Auto Components 0.64
Leisure Services 0.60 LIMITED IT - Software 0.04 Page no. 101 to 103.
Textiles & Apparels 0.58
Commercial Services & Supplies 0.50 Sub Total 97.85
IT - Services 0.48 no. 104.
Non - Ferrous Metals 0.45 UNITS ISSUED BY REIT & INVIT
Chemicals & Petrochemicals 0.45
IT - Hardware 0.31 Units issued by InvIT
Transport Infrastructure 0.22
Bharat Highways InvIT Construction 0.19
0 5 10 15 20
Sub Total 0.19

SIP PERFORMANCE ^ - Regular Plan - Growth Option

Since Inception 3 year 1 year
SIP SIP SIP
Total Amount Invested (` in Lacs) 4.50 3.60 1.20
Mkt Value As on August 30, 2024 (` in Lacs) 7.89 5.75 1.48
Returns (%) 31.14 32.90 45.75
Benchmark Returns (%) # 25.11 27.23 42.69
Additional Benchmark Returns (%) ## 20.35 21.70 34.34
Assuming `
simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.

PERFORMANCE ^ - Regular Plan - Growth Option

Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme (`) Benchmark Additional
Date Period (%) (%)# Returns
(%) ## (`)# Benchmark
(`)##
Aug 31, 23 Last 1 Year 46.46 41.58 32.64 14,646 14,158 13,264
Aug 31, 21 Last 3 Years 25.02 18.95 15.17 19,538 16,829 15,274
Dec 18, 20 Since Inception 29.79 23.35 19.26 26,248 21,744 19,192

refer page 109 to 115.

^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into consideration
for computation of performance.

Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer

Benchmark (This product is suitable for (Current risk as per latest month
investors who are seeking ~) end portfolio)

HDFC • Capital appreciation over long Modera

oderate High tely
Dividend term/regular income o M rate Moderately
w t erate Hi Mode High
• Investment predominantly o
Yield Fund w t erate Hi
Mo Lo

gh
d

in equity and equity related

Mo Lo

gh
d
Very

Instruments of dividend yielding

High
Low

BENCHMARK
Very
High
Low

: companies
RISKOMETER
(Total Returns Investors understand that their principal will be at RISKOMETER
Index) very high risk Investors understand that their principal will be at
very high risk

Scheme and Benchmark Riskometer As on August 31, 2024

August 2024 25
HDFC Focused 30 Fund CATEGORY OF SCHEME
[An open ended equity scheme investing in maximum 30 stocks
in large-cap, mid-cap and small-cap category (i.e. Multi-Cap)]

INVESTMENT OBJECTIVE : There is no assurance

that the investment objective of the Scheme will be achieved.

FUND MANAGER ¥
Roshi Jain PORTFOLIO
(since January 13, 2022)
Total Experience: Over 19 years Company Industry+ / Rating % to NAV Company Industry+ / Rating % to NAV
(Hedged & (Hedged &
Unhedged) Unhedged)
DATE OF ALLOTMENT / INCEPTION DATE EQUITY & EQUITY RELATED Birlasoft Limited IT - Software 1.03
September 17, 2004 • ICICI Bank Ltd. Banks 9.44 Sub Total 86.23
• Banks 9.14 DEBT & DEBT RELATED
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) • Axis Bank Ltd. Banks 8.37 Government Securities (Central/State)
Regular Plan - Growth Option 217.870 • HCL Technologies Ltd. IT - Software 4.89 7.38 GOI 2027 Sovereign 0.35
Regular Plan - IDCW Option 26.560 • SBI Life Insurance Company Sub Total 0.35
Direct Plan - Growth Option 244.773 Ltd. Insurance 4.65 UNITS ISSUED BY REIT & INVIT
Direct Plan - IDCW Option 33.476 • Cipla Ltd. Nexus Select Trust REIT Realty 2.03
Biotechnology 4.62
Realty 1.65
ASSETS UNDER MANAGEMENT • Kotak Mahindra Bank
As on August 31, 2024 Limited Banks 4.10 Sub Total 3.68
` 14,329.60 Cr. • Bharti Airtel Ltd. Telecom - Services 3.90 Cash,Cash Equivalents and Net Current Assets 9.74
Average for Month of August 2024 • Maruti Suzuki India Limited Automobiles 3.25 Grand Total 100.00
` 13,843.48 Cr. • PIRAMAL PHARMA LTD • Top Ten Holdings, £ Sponsor
Biotechnology 2.77
QUANTITATIVE DATA Metropolis Healthcare Ltd. Healthcare Services 2.46 `
Portfolio Turnover Apollo Hospitals Enterprise
Equity Turnover 35.18%
Total Turnover 36.08% Ltd. Healthcare Services 2.30
Total Turnover = Equity + Debt + Derivative State Bank of India Banks 2.28
Risk Ratio Bosch Limited Auto Components 2.19
Standard Deviation 11.624% Crompton Greaves Mr. Dhruv Muchhal (since June 22, 2023)
Beta 0.805 Consumer Elec. Ltd. Consumer Durables 2.16 (Total Experience: Over 10 years).
Sharpe Ratio* 1.617
Computed for the 3-yr period ended August 31, LIMITED Leisure Services 2.12
2024. Based on month-end NAV. Page no. 101 to 103.
* Eicher Motors Ltd. Automobiles 1.87
Prestige Estates Projects no. 104.
data is computed since inception. Ltd. Realty 1.77
Karur Vysya Bank Ltd. Banks 1.71
TOTAL EXPENSE RATIO (As on August 31, 2024) Tech Mahindra Ltd. IT - Software 1.60
Including Additional Expenses and Goods and Service Hindustan Aeronautics
Limited 1.55
Regular: 1.67% Direct: 0.50% Bajaj Auto Limited Automobiles 1.52
Dr Reddys Laboratories Ltd.
Biotechnology 1.47
#BENCHMARK INDEX:
ESCORTS LTD. Agricultural,
##ADDL. BENCHMARK INDEX: Construction Vehicles 1.41
BSE SENSEX (Total Returns Index) Restaurant Brands Asia
Limited Leisure Services 1.23
EXIT LOAD$$ : Beverages 1.23
Avalon Technologies
switched-out within 1 year from the date of allotment. Limited Electrical Equipment 1.20
switched-out after 1 year from the date of al-lotment.

SIP PERFORMANCE ^ - Regular Plan - Growth Option

Since Inception 15 year 10 year 5 year 3 year 1 year
SIP SIP SIP SIP SIP SIP
Total Amount Invested (` in Lacs) 24.00 18.00 12.00 6.00 3.60 1.20
Mkt Value As on August 30, 2024 (` in Lacs) 135.89 67.44 32.22 12.81 5.71 1.47
Returns (%) 15.19 16.03 18.77 30.91 32.47 44.69
Benchmark Returns (%) # 15.14 16.12 18.19 25.72 27.23 42.69
Additional Benchmark Returns (%) ## 14.19 14.58 16.09 20.28 19.98 30.68
Assuming `
simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.

PERFORMANCE ^ - Regular Plan - Growth Option

Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme (`) Benchmark Additional
Date Period (%) (%)# Returns
(%) ## (`)# Benchmark
(`)##
Aug 31, 23 Last 1 Year 43.68 41.58 28.63 14,368 14,158 12,863
Aug 31, 21 Last 3 Years 28.00 18.95 14.15 20,972 16,829 14,875
Aug 30, 19 Last 5 Years 25.15 22.70 18.54 30,738 27,845 23,425
Aug 28, 14 Last 10 Years 14.46 15.32 13.35 38,656 41,684 35,063
Sep 17, 04 Since Inception 16.69 16.40 16.02 217,870 207,238 194,234
Returns greater than 1 year period are compounded annualized (CAGR).

refer page 109 to 115.

^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into consideration
for computation of performance.

26 August 2024
HDFC Focused 30 Fund CATEGORY OF SCHEME
[An open ended equity scheme investing in maximum 30 stocks
in large-cap, mid-cap and small-cap category (i.e. Multi-Cap)]

Industry Allocation of Equity Holding Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer
Benchmark (This product is suitable for (Current risk as per latest month
(% of Net Assets)
investors who are seeking ~) end portfolio)
Banks 35.04 HDFC Focused • To generate long-term capital
rate Moderately
30 Fund appreciation / income o Mode High Modera
Pharmaceuticals & Biotechnology 8.86 w t erate Hi oderate High tely
o M
w t erate Hi

Mo Lo

gh
d
IT - Software 7.52 related instruments of up to 30

Mo Lo
BENCHMARK

gh
d
Very
companies

High
Low
Automobiles 6.64 :

Very
High
Low
4.76
(Total Returns RISKOMETER
Healthcare Services
Index) Investors understand that their principal will be at RISKOMETER
Insurance 4.65 very high risk Investors understand that their principal will be at
very high risk
Telecom - Services 3.90

Leisure Services 3.35 Scheme and Benchmark Riskometer As on August 31, 2024
Auto Components 2.19

Consumer Durables 2.16

Realty 1.77

Aerospace & Defense 1.55

Agricultural, Commercial & Construction Vehicles 1.41

Beverages 1.23

Electrical Equipment 1.20

0 10 20 30 40

August 2024 27
HDFC Business Cycle Fund CATEGORY OF SCHEME
(An open ended equity scheme following business cycle based investing
theme)

INVESTMENT OBJECTIVE : To provide long-term capital appreciation by investing predominantly in equity and equity related securities with a focus on riding business cycles
There is no assurance that the investment objective of the Scheme will
be achieved.

FUND MANAGER¥ PORTFOLIO

Rahul Baijal
(since November 30, 2022) Company Industry+ / Rating % to Company Industry+ / Rating % to
Total Experience: Over 23 years NAV NAV
EQUITY & EQUITY RELATED KSB Ltd Industrial Products 0.55
• ICICI Bank Ltd. Banks 8.81 Cummins India Ltd. Industrial Products 0.48
DATE OF ALLOTMENT / INCEPTION DATE • Larsen and Toubro Ltd. Construction 7.26 ION EXCHANGE (INDIA) LIMITED 0.48
November 30, 2022 • Banks 6.91
• Bharti Airtel Ltd. Telecom - Services 6.28 Co. Ltd. Construction 0.47
• Tata Motors Ltd. Automobiles 4.29
• Axis Bank Ltd. Petrochemicals 0.45
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) Banks 3.86 Delhivery Limited
• Infosys Limited Transport Services 0.42
IT - Software 3.73 Bharti Hexacom Limited
Regular Plan - Growth Option 14.993 • Titan Company Ltd. Telecom - Services 0.40
Regular Plan - IDCW Option 14.993 Consumer Durables 3.13
Direct Plan - Growth Option 15.350 • Zomato Ltd Retailing 3.09 Ltd. Petrochemicals 0.39
Direct Plan - IDCW Option 15.350 • Indusind Bank Ltd. Banks 2.97
Healthcare Services 2.31 LIMITED Leisure Services 0.39
ASSETS UNDER MANAGEMENT Kotak Mahindra Bank Limited Banks 2.29 Timken India Ltd. Industrial Products 0.33
As on August 31, 2024 Dabur India Ltd. Personal Products 2.21 Blue Dart Express Ltd. Transport Services 0.30
Ola Electric Mobility Limited Automobiles 2.06 Teamlease Services Ltd.
` 3,150.02 Cr. Astral Limited Supplies 0.30
Average for Month of August 2024 Industrial Products 1.73
Voltamp Transformers Ltd. Electrical Equipment 0.29
` 3,075.98 Cr. 1.71 Consumer Durables 0.28
MANKIND PHARMA LIMITED Grindwell Norton Ltd. Industrial Products 0.28
QUANTITATIVE DATA Biotechnology 1.61 CG Power and Industrial
Portfolio Turnover JNK India Limited Industrial Solutions Ltd. Electrical Equipment 0.26
Equity Turnover 31.48% Manufacturing 1.58 Emcure Pharmaceuticals
Total Turnover 31.48% Limited Biotechnology 0.26
Total Turnover = Equity + Debt + Derivative LIMITED Supplies 1.52 Kolte Patil Developers Limited Realty 0.25
Risk Ratio Realty 1.40 Premier Energies Limited Electrical Equipment 0.21
Standard Deviation 10.575% Whirlpool of India Ltd. Consumer Durables 1.37 The Phoenix Mills Limited Realty 0.09
Beta 0.694 MphasiS Limited. IT - Software 1.35
Sharpe Ratio* 1.611 Crompton Greaves Consumer Limited IT - Software 0.08
Computed for the 3-yr period ended August 31, Elec. Ltd. Consumer Durables 1.25 Chalet Hotels Ltd. Leisure Services 0.06
2024. Based on month-end NAV. Brainbees Solutions Limited Sub Total
* 93.18
Retailing 1.20 UNITS ISSUED BY REIT & INVIT
JSW Energy Ltd. Power 1.08
data is computed since inception. Sun Pharmaceutical Industries Realty 2.06
Ltd. Biotechnology 1.02 Sub Total 2.06
TOTAL EXPENSE RATIO (As on August 31, 2024) Cash,Cash Equivalents and Net Current Assets 4.76
Including Additional Expenses and Goods and Service Grand Total 100.00
Ltd.) 1.00 • Top Ten Holdings, £ Sponsor
Retailing 0.85
Regular: 1.94% Direct: 0.77% Aether Industries Ltd
Petrochemicals 0.83 `
RHI MAGNESITA INDIA Limited Industrial Products 0.80
#BENCHMARK INDEX: G R Infraprojects Limited Construction 0.76
Hindalco Industries Ltd. 0.76
##ADDL. BENCHMARK INDEX: PNC Infratech Ltd. Construction 0.73
50 (TRI) Indraprastha Gas Ltd. Gas 0.70 Mr. Dhruv Muchhal (since June 22, 2023)
EXIT LOAD$$ : Limited 0.68 (Total Experience: Over 10 years).
• In respect of each purchase/switch-in of units, an Exit Ceigall India Limited Construction 0.64
load of 1% is payable if units are redeemed/switched-
out within 1 year from the date of allotment. Siemens Ltd. Electrical Equipment 0.62
• No Exit Load is payable if units are redeemed / Beverages 0.62 Page no. 101 to 103.
switched-out after 1 year from the date of allotment. Leisure Services 0.58
Blue Jet Healthcare Limited
Biotechnology 0.57 no. 104.

SIP PERFORMANCE ^ - Regular Plan - Growth Option

Since Inception 1 year
SIP SIP
Total Amount Invested (` in Lacs) 2.20 1.20
Mkt Value As on August 30, 2024 (` in Lacs) 2.91 1.42
Returns (%) 32.53 36.38
Benchmark Returns (%) # 36.92 42.69
Additional Benchmark Returns (%) ## 28.29 34.34
Assuming `
simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.

PERFORMANCE^
Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme (`) Benchmark Additional
Date Period (%) (%)# Returns
(%) ## (`)# Benchmark
(`)##
Aug 31, 23 Last 1 Year 35.06 41.58 32.64 13,506 14,158 13,264
Nov 30, 22 Since Inception 26.03 26.72 19.87 14,993 15,138 13,734
Returns greater than 1 year period are compounded annualized (CAGR).
refer page 104. The expenses of the Direct Plan under the
refer page 109 to 115.
^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into consideration
for computation of performance.

28 August 2024
 HDFC Business Cycle Fund CATEGORY OF SCHEME
(An open ended equity scheme following business cycle based investing
theme)

Industry Allocation of Equity Holding

(% of Net Assets)
Banks 24.84
Construction 9.86
Telecom - Services 6.68
Automobiles 6.35
Consumer Durables 6.03
IT - Software 5.16
Retailing 5.14
Industrial Products 4.17
Pharmaceuticals & Biotechnology 3.46
Finance 3.39
Healthcare Services 2.31
Personal Products 2.21
Commercial Services & Supplies 1.82
Realty 1.74
Chemicals & Petrochemicals 1.67
Industrial Manufacturing 1.58
Electrical Equipment 1.38
Power 1.08
Leisure Services 1.03
Non - Ferrous Metals 0.76
Transport Services 0.72
Gas 0.70
Beverages 0.62
Other Utilities 0.48
0 10 20 30

Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer

Benchmark (This product is suitable for (Current risk as per latest month
investors who are seeking ~) end portfolio)

HDFC Business • to generate long-term Modera

oderate High tely
Cycle Fund capital appreciation/ o M rate Moderately
w t erate Hi Mode High
income o
w t erate Hi
Mo Lo

gh
d

• investment predominantly
Mo Lo

BENCHMARK :
gh
d
Very
High
Low

500 (TRI)
Very
High
Low

instruments of business
RISKOMETER
cycle based theme RISKOMETER
Investors understand that their principal will be at
very high risk Investors understand that their principal will be at
very high risk

Scheme and Benchmark Riskometer As on August 31, 2024

August 2024 29
HDFC Transportation and Logistics Fund CATEGORY OF SCHEME
(An open-ended equity scheme investing in Transportation and
Logistics themed companies)

INVESTMENT OBJECTIVE : To provide long-term capital appreciation by investing predominantly in equity and equity related securities under Transportation and Logistics
theme. There is no assurance that the investment objective of the Scheme will be achieved.

PORTFOLIO
FUND MANAGER ¥
Priya Ranjan Company Industry+ / Rating % to Company Industry+ / Rating % to
(since August 17, 2023) NAV NAV
Total Experience: Over 16 years EQUITY & EQUITY RELATED Le Travenues Technology
• Tata Motors Ltd. Automobiles 8.89 Limited Leisure Services 0.92
• Automobiles 7.83 Auto Components 0.89
DATE OF ALLOTMENT / INCEPTION DATE
August 17, 2023 • Eicher Motors Ltd. Automobiles 7.38
LIMITED Auto Components 0.86
• Maruti Suzuki India Limited Automobiles 6.92
Industrial Products 0.79
• Zomato Ltd Retailing 6.10
Auto Components 0.77
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) • Bajaj Auto Limited Automobiles 5.97
Regular Plan - Growth Option 16.540 Industrial Products 0.67
• InterGlobe Aviation Ltd. Transport Services 5.89
Regular Plan - IDCW Option 16.540 Popular Vehicles and Services
Direct Plan - Growth Option 16.750 • Ola Electric Mobility Limited Automobiles 5.17 Limited Automobiles 0.43
Direct Plan - IDCW Option 16.750 • Bosch Limited Auto Components 4.67 VRL Logistics Ltd. Transport Services 0.39
• Balkrishna Industries Ltd. Auto Components 4.11 Auto Components 0.11
ASSETS UNDER MANAGEMENT CIE Automotive India Ltd Auto Components 3.22 Sub Total 97.35
As on August 31, 2024 Industrial Products 3.02 Cash,Cash Equivalents and Net Current Assets 2.65
` 1,344.49 Cr. ESCORTS LTD. Agricultural, Commercial Grand Total 100.00
Average for Month of August 2024 2.87
` 1,305.63 Cr. Auto Components 2.49 • Top Ten Holdings
Suprajit Engineering Ltd. Auto Components 2.34
QUANTITATIVE DATA `
Portfolio Turnover Economic Zone Transport Infrastructure 2.20
Equity Turnover 31.37%
Total Turnover 31.37% Timken India Ltd. Industrial Products 2.15
Total Turnover = Equity + Debt + Derivative Varroc Engineering Limited Auto Components 1.90
Apollo Tyres Ltd. Auto Components 1.89 Mr. Dhruv Muchhal (since August 17, 2023)
TOTAL EXPENSE RATIO (As on August 31, 2024) Endurance Technologies Ltd. Auto Components 1.85 (Total Experience: Over 10 years).
Including Additional Expenses and Goods and Service Gabriel India Ltd. Auto Components 1.84
Blue Dart Express Ltd. Transport Services 1.44 Page no. 101 to 103.
Regular: 2.17% Direct: 0.94% Auto Components 1.38
no. 104.
#BENCHMARK INDEX:

##ADDL. BENCHMARK INDEX: SIP PERFORMANCE ^ - Regular Plan - Growth Option

Since Inception 1 year
SIP SIP
EXIT LOAD$$ : Total Amount Invested (` in Lacs) 1.30 1.20
• In respect of each purchase/switch-in of units, an Exit
load of 1% is payable if units are redeemed/switched- Mkt Value As on August 30, 2024 (` in Lacs) 1.76 1.59
out within 30 days from the date of allotment. Returns (%) 65.30 65.86
• No Exit Load is payable if units are redeemed /
switched-out after 30 days from the date of allotment. Benchmark Returns (%) # 67.63 67.59
Additional Benchmark Returns (%) ## 33.78 34.34
Assuming `
simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
Industry Allocation of Equity Holding
(% of Net Assets) PERFORMANCE^
Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme (`) Benchmark Additional
Date Period (%) (%)# Returns
Automobiles 42.59 (%) ## (`)# Benchmark
(`)##
Aug 31, 23 Last 1 Year 63.20 68.21 32.64 16,320 16,821 13,264
Auto Components 28.32 Aug 17, 23 Since Inception 62.35 67.85 30.60 16,540 17,122 13,194
Returns greater than 1 year period are compounded annualized (CAGR).
The expenses of the Direct Plan under the
Transport Services 7.72 refer page 109 to 115.
^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into
consideration for computation of performance.
Industrial Products 6.63

Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer

6.10
Benchmark (This product is suitable for (Current risk as per latest month
Retailing
investors who are seeking ~) end portfolio)

HDFC • To generate long-term Modera

Agricultural, Commercial & Construction Vehicles 2.87
oderate High tely
Transportation capital appreciation o M Modera
oderate High tely
w t erate Hi
• Investment predominantly o M
and Logistics w t erate Hi
Mo Lo

gh
d

Mo Lo

gh

Transport Infrastructure 2.20 Fund

d
Very

instruments of companies
High
Low

Very
High
Low

under Transportation and

BENCHMARK : Nifty RISKOMETER
Leisure Services 0.92 Logistics theme RISKOMETER
Investors understand that their principal will be at
Logistics Index (TRI) very high risk Investors understand that their principal will be at
0 10 20 30 40 50 very high risk

Scheme and Benchmark Riskometer As on August 31, 2024

30 August 2024
HDFC Defence Fund CATEGORY OF SCHEME
(An open-ended equity scheme investing in Defence & allied sector
companies)

INVESTMENT OBJECTIVE :
There is no assurance that the investment objective of the Scheme will be achieved.

FUND MANAGER¥
Abhishek Poddar PORTFOLIO
(since June 02, 2023)
Total Experience: Over 19 years Company Industry+ / Rating % to Company Industry+ / Rating % to
NAV NAV
EQUITY & EQUITY RELATED DEE Development Engineers Industrial
DATE OF ALLOTMENT / INCEPTION DATE • Bharat Electronics Ltd. 19.03 Limited Manufacturing 1.06
June 02, 2023 • Hindustan Aeronautics Limited 17.28 Rishabh instruments Limited Electrical Equipment 0.97
• CYIENT DLM LIMITED Industrial Bansal Wire Industries Limited Industrial Products 0.86
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) Manufacturing 8.09
Regular Plan - Growth Option 22.334 • Solar Industries India Ltd. LIMITED 0.58
Regular Plan - IDCW Option 22.334 Petrochemicals 7.78 Sub Total 94.99
Direct Plan - Growth Option 22.681 • Astra Microwave Products Ltd. 7.13
Direct Plan - IDCW Option 22.681 Cash,Cash Equivalents and Net Current Assets 5.01
• BEML Limited Agricultural, Grand Total 100.00
ASSETS UNDER MANAGEMENT Construction Vehicles 6.84 • Top Ten Holdings
As on August 31, 2024
` 3,952.35 Cr. • Premier Explosives Ltd.
Petrochemicals 5.68 `
Average for Month of August 2024
` 3,846.12 Cr. • MTAR Technologies Limited 4.07
• Larsen and Toubro Ltd. Construction 3.44
QUANTITATIVE DATA
Portfolio Turnover • InterGlobe Aviation Ltd. Transport Services 3.24
Equity Turnover 28.96% Power Mech Projects Ltd. Construction 2.02 Mr. Dhruv Muchhal (since June 22, 2023)
Total Turnover 28.96% (Total Experience: Over 10 years).
Total Turnover = Equity + Debt + Derivative Avalon Technologies Limited Electrical Equipment 1.56
Risk Ratio JNK India Limited Industrial
Standard Deviation 22.423% Manufacturing 1.53
Beta 0.740 Page no. 101 to 103.
Sharpe Ratio* 2.887 The Anup Engineering Limited Industrial
Computed for the 3-yr period ended August 31, Manufacturing 1.44
2024. Based on month-end NAV. Adani Energy Solutions Limited Power 1.25 no. 104.
*

data is computed since inception. Co. Ltd. Construction 1.14

TOTAL EXPENSE RATIO (As on August 31, 2024)

Including Additional Expenses and Goods and Service
SIP PERFORMANCE ^ - Regular Plan - Growth Option
Since Inception 1 year
Regular: 1.89% Direct: 0.72% SIP SIP
Total Amount Invested (` in Lacs) 1.50 1.20
#BENCHMARK INDEX: Mkt Value As on August 30, 2024 (` in Lacs) 2.34 1.69
Nifty India Defence Index TRI (Total Returns Index) Returns (%) 87.84 84.21
##ADDL. BENCHMARK INDEX: Benchmark Returns (%) # 122.17 118.53
50 (TRI) Additional Benchmark Returns (%) ## 32.00 34.34
Assuming `
EXIT LOAD$$ :
• In respect of each purchase/switch-in of units, an Exit simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
load of 1% is payable if units are redeemed/switched-
out within 1 year from the date of allotment.
• No Exit Load is payable if units are redeemed / PERFORMANCE^
switched-out after 1 year from the date of allotment. Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme (`) Benchmark Additional
Date Period (%) (%)# Returns
Industry Allocation of Equity Holding (%) ## (`)# Benchmark
(`)##
(% of Net Assets) Aug 31, 23 Last 1 Year 87.35 116.91 32.64 18,735 21,691 13,264
Jun 02, 23 Since Inception 90.52 132.00 29.73 22,334 28,551 13,833
Aerospace & Defense 48.09 Returns greater than 1 year period are compounded annualized (CAGR).
The expenses of the Direct Plan

Chemicals & Petrochemicals 13.46 Plan, refer page 109 to 115.

Industrial Manufacturing 12.12 ^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into
consideration for computation of performance.
Agricultural, Commercial & Construction Vehicles 6.84
Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer
Benchmark (This product is suitable for (Current risk as per latest month
Construction 6.60
investors who are seeking ~) end portfolio)

Transport Services 3.24 HDFC Defence • To generate long-term Modera

oderate High tely
Fund capital appreciation/income o M rate Moderately
w t erate Hi Mode High
• Investment predominantly o
w t erate Hi
Mo Lo

gh

Electrical Equipment 2.53

d

Mo Lo

BENCHMARK : Nifty
gh
d
Very

instruments of defence and

High
Low

India Defence Index

Very
High
Low

Power 1.25 allied sector companies.

TRI (Total Returns RISKOMETER
Index) Investors understand that their principal will be at RISKOMETER
Industrial Products 0.86 very high risk Investors understand that their principal will be at
very high risk
0 10 20 30 40 50
Scheme and Benchmark Riskometer As on August 31, 2024

August 2024 31
HDFC Banking & Financial Services Fund CATEGORY OF SCHEME
(An open ended equity scheme investing in Banking and Financial
Services Sector)

INVESTMENT OBJECTIVE : To provide long-term capital appreciation by investing predominantly in equity and equity related instruments of companies engaged in banking

PORTFOLIO
FUND MANAGER ¥
Anand Laddha Company Industry+ % to Company Industry+ % to
(since July 1, 2021) NAV NAV
Total Experience: Over 20 years
EQUITY & EQUITY RELATED 0.96
• Banks 20.31
DATE OF ALLOTMENT / INCEPTION DATE LIMITED 0.94
• ICICI Bank Ltd. Banks 17.51
July 1, 2021 DCB Bank Limited Banks 0.89
• Axis Bank Ltd. Banks 6.98
Bank of Baroda Banks 0.83
• State Bank of India Banks 6.31
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`)
Regular Plan - Growth Option 15.772 • 3.49 Limited Insurance 0.82
Regular Plan - IDCW Option 14.931 • SBI Life Insurance Company Ltd. Insurance 3.20
Direct Plan - Growth Option 16.578 Medi Assist Healthcare Services
Direct Plan - IDCW Option 15.732 • Indusind Bank Ltd. Banks 3.03 Limited Insurance 0.67
• Indian Bank Banks 0.63
ASSETS UNDER MANAGEMENT Limited 2.98
As on August 31, 2024 Capital Markets 0.42
` 3,618.22 Cr. • 2.39 Sub Total 98.81
Average for Month of August 2024 • 2.29 Cash,Cash Equivalents and Net Current Assets 1.19
` 3,524.22 Cr.
Kotak Mahindra Bank Limited Banks 2.19 Grand Total 100.00
QUANTITATIVE DATA
Central Depository Services • Top Ten Holdings, £ Sponsor
Portfolio Turnover (India) Ltd. Capital Markets 2.09
Equity Turnover 21.08%
Total Turnover 21.08% Banks 2.06 `
Total Turnover = Equity + Debt + Derivative
Risk Ratio 2.03
Standard Deviation 14.778%
Beta 0.953 Bazaar) 1.84
Sharpe Ratio* 0.516
Computed for the 3-yr period ended August 31, 1.80 Mr. Dhruv Muchhal (since June 22, 2023)
2024. Based on month-end NAV. (Total Experience: Over 10 years).
* ICICI Lombard General
Insurance Co Insurance 1.78
data is computed since inception. aggregating to ` 44.66 Crores.
Karur Vysya Bank Ltd. Banks 1.77
Banks 1.74 Page no. 101 to 103.
TOTAL EXPENSE RATIO (As on August 31, 2024)
Including Additional Expenses and Goods and Service 1.64
no. 104.
Regular: 1.89% Direct: 0.63%
Ltd.) 1.61
#BENCHMARK INDEX: Insurance 1.34

##ADDL. BENCHMARK INDEX: 1.22

1.05
EXIT LOAD$$ :
• In respect of each purchase/switch in of units, an Exit
load of 1% is payable if units are redeemed/switched out
within 30 daysfrom the date of allotment.
• No Exit Load is payable if units are redeemed/switched-
out aft er 30 days from the date of allotment.
SIP PERFORMANCE ^ - Regular Plan - Growth Option
Since Inception 3 year 1 year
SIP SIP SIP
Total Amount Invested (` in Lacs) 3.80 3.60 1.20
Mkt Value As on August 30, 2024 (` in Lacs) 5.19 4.87 1.35
Returns (%) 20.14 20.70 24.48
Benchmark Returns (%) # 15.77 16.08 24.77
Additional Benchmark Returns (%) ## 21.22 21.70 34.34
Assuming `
simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.

PERFORMANCE ^ - Regular Plan - Growth Option

Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme (`) Benchmark Additional
Date Period (%) (%)# Returns
(%) ## (`)# Benchmark
(`)##
Aug 31, 23 Last 1 Year 25.20 21.83 32.64 12,520 12,183 13,264
Aug 31, 21 Last 3 Years 14.24 10.40 15.17 14,907 13,454 15,274
Jul 01, 21 Since Inception 15.47 13.32 17.64 15,772 14,861 16,727

refer page 109 to 115.

^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into consideration
for computation of performance.

32 August 2024
 HDFC Banking & Financial Services Fund CATEGORY OF SCHEME
(An open ended equity scheme investing in Banking and Financial
Services Sector)

Industry Allocation of Equity Holding

(% of Net Assets)

Banks 64.25

Finance 22.40

Insurance 7.81

Capital Markets 2.51

Financial Technology (Fintech) 1.84

0 10 20 30 40 50 60 70

Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer

Benchmark (This product is suitable for investors (Current risk as per latest month
who are seeking ~) end portfolio)

HDFC • To generate long-term capital

appreciation/income rate Moderately
Banking &
o Mode High Modera
• Investment predominantly w t erate Hi oderate High tely
Financial o M
w t erate Hi
Mo Lo

gh
d

Services Fund
Mo Lo

gh

instruments of banking and

d
Very
High
Low

Very
High
Low

BENCHMARK :
RISKOMETER
Investors understand that their principal will be at RISKOMETER
Services (Total very high risk Investors understand that their principal will be at
Return Index) very high risk

Scheme and Benchmark Riskometer As on August 31, 2024

August 2024 33
HDFC Technology Fund CATEGORY OF SCHEME
(An open-ended equity scheme investing in Technology & technology
related companies)

INVESTMENT OBJECTIVE :
companies There is no assurance that the investment objective of the Scheme will be achieved.

PORTFOLIO
FUND MANAGER ¥
Balakumar B Company Industry+ % to Company Industry+ % to
(since September 8, 2023) NAV NAV
Total Experience: Over 14 years
EQUITY & EQUITY RELATED Redington Ltd.
Supplies 1.03
• Infosys Limited IT - Software 18.83
DATE OF ALLOTMENT / INCEPTION DATE Indus Towers Limited Telecom - Services 0.84
• Tata Consultancy Services Ltd. IT - Software 15.79
September 8, 2023 Tata Communications Limited Telecom - Services 0.71
• Bharti Airtel Ltd. Telecom - Services 10.19
IT - Services 0.55
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) • HCL Technologies Ltd. IT - Software 8.32
Regular Plan - Growth Option 14.348 PVR LIMITED Entertainment 0.49
• MphasiS Limited. IT - Software 4.78
Regular Plan - IDCW Option 14.348 Zee Entertainment Enterprises
Direct Plan - Growth Option 14.522 • Ltd. Entertainment 0.47
Direct Plan - IDCW Option 14.522 Supplies 3.87
Cyient Ltd. IT - Services 0.18
• Tech Mahindra Ltd. IT - Software 3.63
ASSETS UNDER MANAGEMENT Sub Total 96.95
As on August 31, 2024 • Zomato Ltd Retailing 3.30
` 1,319.94 Cr. Cash,Cash Equivalents and Net Current Assets 3.05
Average for Month of August 2024 • Retailing 3.20
` 1,238.76 Cr. Grand Total 100.00
• Bharti Hexacom Limited Telecom - Services 2.77
• Top Ten Holdings
QUANTITATIVE DATA Zensar Technologies Ltd. IT - Software 2.62
Risk Ratio Coforge Limited IT - Software 2.46 `
Standard Deviation 18.123% Sonata Software Ltd. IT - Software 2.18
Beta 0.926
Sharpe Ratio* 1.991 Brainbees Solutions Limited
Computed for the 3-yr period ended August 31, Retailing 2.04
2024. Based on month-end NAV. Mr. Dhruv Muchhal (since September 8, 2023)
* eClerx Services Limited (Total Experience: Over 10 years).
Supplies 2.02
data is computed since inception. LTIMindtree Limited IT - Software 1.91
Page no. 101 to 103.
Bazaar) 1.29
TOTAL EXPENSE RATIO (As on August 31, 2024) no. 104.
Including Additional Expenses and Goods and Service Wipro Ltd. IT - Software 1.25

Regular: 2.18% Direct: 0.97%

Limited IT - Software 1.18
Birlasoft Limited IT - Software 1.05
#BENCHMARK INDEX:
BSE Teck Index (TRI)
##ADDL. BENCHMARK INDEX:
PERFORMANCE^
EXIT LOAD$$ : Scheme Benchmark Additional Value of ` 10,000 invested
• In respect of each purchase/switch-in of units, an Exit Returns Returns Benchmark
Scheme (`) Benchmark Additional
load of 1% is payable if units are redeemed/switched-out
Date Period (%) (%)# Returns
(%) ## (`)# Benchmark
within 30 days from the date of allotment. (`)##
• No Exit Load is payable if units are redeemed / switched-
out after 30 days from the date of allotment. Last 6 Months 44.91 37.71 31.44 12,252 11,891 11,576
Simple annualized returns have been provided as per the extant guidelines since the scheme has completed 6 months but not 1 year. However,
such returns may not be representative. Absolute returns of the Scheme for the 6 month period is 22.52%.
The
expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular
Industry Allocation of Equity Holding
(% of Net Assets)
^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into
consideration for computation of performance.
IT - Software 64.00
Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer
Benchmark (This product is suitable for (Current risk as per latest month
Telecom - Services 14.51
investors who are seeking ~) end portfolio)

Retailing HDFC Technology • To generate long-term Modera

oderate High tely
8.54
Fund capital appreciation o M rate Moderately
w t erate Hi Mode High
• Investment predominantly o
w t erate Hi
Mo Lo

gh
d

Commercial Services & Supplies 6.92

Mo Lo

BENCHMARK : BSE
gh
d
Very

instruments of Technology
High
Low

Teck Index (TRI)

Very
High
Low

Financial Technology (Fintech) 1.29 RISKOMETER

companies RISKOMETER
Investors understand that their principal will be at
very high risk Investors understand that their principal will be at
Entertainment 0.96 very high risk

IT - Services 0.73 Scheme and Benchmark Riskometer As on August 31, 2024

0 10 20 30 40 50 60 70

34 August 2024
HDFC Pharma and Healthcare Fund CATEGORY OF SCHEME
(An open-ended equity scheme investing in Pharma and healthcare
companies)

INVESTMENT OBJECTIVE : To provide long-term capital appreciation by investing predominantly in equity and equity related securities of Pharma and healthcare
companies. There is no assurance that the investment objective of the Scheme will be achieved.

PORTFOLIO
FUND MANAGER ¥
Nikhil Mathur Company Industry+ % to Company Industry+ % to
(since October 4, 2023) NAV NAV
Total Experience: Over 14 years
EQUITY & EQUITY RELATED Jubilant Pharmova Limited
Biotechnology 1.78
DATE OF ALLOTMENT / INCEPTION DATE • Sun Pharmaceutical Industries
Ltd. Biotechnology 11.63 Alkem Laboratories Ltd.
October 4, 2023 Biotechnology 1.75
• Divis Laboratories Ltd.
Biotechnology 7.55 Max Healthcare Institute
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) Limited Healthcare Services 1.71
Regular Plan - Growth Option 15.735 • Cipla Ltd.
Regular Plan - IDCW Option 15.735 Biotechnology 5.54 Suven Pharmaceuticals Limited
Direct Plan - Growth Option 15.912 Biotechnology 1.71
Direct Plan - IDCW Option 15.912 • Dr Reddys Laboratories Ltd.
Biotechnology 5.41 AMI Organics Ltd
Biotechnology 1.52
ASSETS UNDER MANAGEMENT • Lupin Ltd.
As on August 31, 2024 Biotechnology 4.78 Emcure Pharmaceuticals
` 1,169.59 Cr. • Aurobindo Pharma Ltd.
Limited Biotechnology 1.20
Average for Month of August 2024 Biotechnology 4.57 Dr. Lal Path Labs Ltd Healthcare Services 0.79
` 1,088.59 Cr.
• Ajanta Pharma Limited MedPlus Health Services
QUANTITATIVE DATA Biotechnology 3.91 Limited Retailing 0.79
Risk Ratio
Standard Deviation 14.345% • Gland Pharma Ltd.
Beta 0.677 Biotechnology 3.75 Biotechnology 0.75
Sharpe Ratio* 3.597
Computed for the 3-yr period ended August 31, • Krishna Institute Of Medical Sub Total 97.72
2024. Based on month-end NAV. Sciences Limited Healthcare Services 3.57
* Cash,Cash Equivalents and Net Current Assets 2.28
• Ipca Laboratories Ltd.
Biotechnology 3.33 Grand Total 100.00
data is computed since inception.
Zydus Lifesciences Limited • Top Ten Holdings
Biotechnology 3.23
TOTAL EXPENSE RATIO (As on August 31, 2024) `
Including Additional Expenses and Goods and Service Eris Lifesciences Ltd
Biotechnology 3.10
Regular: 2.21% Direct: 0.98% Aster DM Healthcare Limited Healthcare Services 3.08
Glenmark Pharmaceuticals Ltd.
Biotechnology 2.92 Mr. Dhruv Muchhal (since October 4, 2023)
#BENCHMARK INDEX: (Total Experience: Over 10 years).
BSE Healthcare Index (TRI) PIRAMAL PHARMA LTD
##ADDL. BENCHMARK INDEX: Biotechnology 2.84
VIJAYA DIAGNOSTIC CENTRE LTD. Healthcare Services 2.68 Page no. 101 to 103.

EXIT LOAD$$ : Healthcare Services 2.51

no. 104.
• In respect of each purchase/switch-in of units, an Exit
load of 1% is payable if units are redeemed/switched-out
within 30 days from the date of allotment. Biotechnology 2.40
• No Exit Load is payable if units are redeemed / switched-
out after 30 days from the date of allotment. Thyrocare Technologies Ltd. Healthcare Services 2.37
Torrent Pharmaceuticals Ltd.
Biotechnology 2.26
Metropolis Healthcare Ltd. Healthcare Services 2.21
Wockhardt Ltd.
Biotechnology 2.08

PERFORMANCE^
Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme (`) Benchmark Additional
Date Period (%) (%)# Returns
(%) ## (`)# Benchmark
(`)##
Last 6 Months 53.99 46.91 31.44 12,707 12,352 11,576
Simple annualized returns have been provided as per the extant guidelines since the scheme has completed 6 months but not 1 year. However,
such returns may not be representative. Absolute returns of the Scheme for the 6 month period is 27.07%.
The
expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular

August 2024 35
 HDFC Pharma and Healthcare Fund CATEGORY OF SCHEME
(An open-ended equity scheme investing in Pharma and healthcare
companies)

Industry Allocation of Equity Holding

(% of Net Assets)

Pharmaceuticals & Biotechnology 78.01

Healthcare Services 18.92

Retailing 0.79

0 20 40 60 80

Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer

Benchmark (This product is suitable for (Current risk as per latest month
investors who are seeking ~) end portfolio)

HDFC Pharma • To generate long-term

rate Moderately
and Healthcare capital appreciation o Mode High Modera
w t erate Hi oderate High tely
• Investment predominantly o M
Fund w t erate Hi
Mo Lo

gh
d

Mo Lo

gh
d
Very

instruments of Pharma and

High
Low

BENCHMARK : BSE
Very
High
Low

Healthcare Index healthcare companies.

RISKOMETER
(TRI) Investors understand that their principal will be at RISKOMETER
very high risk Investors understand that their principal will be at
very high risk

Scheme and Benchmark Riskometer As on August 31, 2024

36 August 2024
HDFC Housing Opportunities Fund CATEGORY OF SCHEME
(An open ended equity scheme following housing and allied activities
theme)

INVESTMENT OBJECTIVE : To provide long-term capital appreciation by investing predominantly in equity and equity related instruments of entities engaged in and/or expected

FUND MANAGER ¥ PORTFOLIO

Srinivasan Ramamurthy
(since January 12, 2024) Company Industry+ % to Company Industry+ % to
Total Experience: Over 17 years NAV NAV
EQUITY & EQUITY RELATED Bajaj Electricals Ltd. Consumer Durables 0.93
DATE OF ALLOTMENT / INCEPTION DATE • ICICI Bank Ltd. Banks 7.65 Indraprastha Gas Ltd. Gas 0.89
December 6, 2017 • Banks 7.46 0.84
• Larsen and Toubro Ltd. Construction 7.19 R R KABEL LIMITED Industrial Products 0.76
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) • NTPC Limited Power 7.00 Orient Cement Ltd.
Regular Plan - Growth Option 24.087 Products 0.61
Regular Plan - IDCW Option 18.804 • Ambuja Cements Ltd.
Direct Plan - Growth Option 25.806 Products 6.79 Gujarat Gas Ltd. Gas 0.59
Direct Plan - IDCW Option 20.451 • Prestige Estates Projects Ltd. Realty 6.69 Kajaria Ceramics Ltd. Consumer Durables 0.45
ASSETS UNDER MANAGEMENT • State Bank of India Banks 4.75 SBI CARDS AND PAYMENT
• Kalpataru Projects International SERVICES LIMITED 0.35
As on August 31, 2024
` 1,545.84 Cr. Ltd Construction 4.36
Average for Month of August 2024 • Ltd.) 0.26
` 1,523.82 Cr. Products 3.73
• Electronics Mart India Ltd Retailing 3.50 Sub Total 98.57
QUANTITATIVE DATA UNITS ISSUED BY REIT & INVIT
Portfolio Turnover Tata Steel Ltd. 3.50
Equity Turnover 7.44% Ashoka Buildcon Ltd. Construction 3.32 POWERGRID Infrastructure
Total Turnover 7.44% Investment Trust Power @
Total Turnover = Equity + Debt + Derivative Axis Bank Ltd. Banks 3.04 Sub Total @
Risk Ratio AkzoNobel India Ltd. Consumer Durables 2.83
Standard Deviation 15.088% Cash,Cash Equivalents and Net Current Assets 1.43
Beta 0.780 Crompton Greaves Consumer Grand Total 100.00
Sharpe Ratio* 1.071 Elec. Ltd. Consumer Durables 2.05
Computed for the 3-yr period ended August 31, • Top Ten Holdings, £ Sponsor, @ Less than 0.01%.
2024. Based on month-end NAV. Birla Corporation Ltd.
* Products 1.93
1.83 `
data is computed since inception.
Asian Paints Limited Consumer Durables 1.82
TOTAL EXPENSE RATIO (As on August 31, 2024) Symphony Ltd. Consumer Durables 1.63
Including Additional Expenses and Goods and Service
Hindalco Industries Ltd. 1.59
Mr. Dhruv Muchhal (since June 22, 2023)
Industrial Products 1.53
Regular: 2.17% Direct: 1.20% (Total Experience: Over 10 years).
Whirlpool of India Ltd. Consumer Durables 1.53
#BENCHMARK INDEX: Macrotech Developers Limited Realty 1.46 Page no. 101 to 103.
Kolte Patil Developers Limited Realty 1.42
##ADDL. BENCHMARK INDEX: PNC Infratech Ltd. Construction 1.12 no. 104.
Shriram Properties Limited Realty 1.12
EXIT LOAD$$ : Dilip Buildcon Ltd. Construction 1.08
• In respect of each purchase/switch in of units, an Exit
load of 1% is payable if units are redeemed/switched out Bank of Baroda Banks 0.97
within 30 daysfrom the date of allotment.
• No Exit Load is payable if units are redeemed/switched-
out aft er 30 days from the date of allotment.
ended thematic Equity Scheme. The Scheme has been converted into open-ended scheme on January 19, 2021.
SIP PERFORMANCE ^ - Regular Plan - Growth Option
Since Inception 5 year 3 year 1 year
SIP SIP SIP SIP
Total Amount Invested (` in Lacs) 8.10 6.00 3.60 1.20
Mkt Value As on August 30, 2024 (` in Lacs) 17.82 12.46 5.86 1.46
Returns (%) 23.05 29.73 34.37 42.22
Benchmark Returns (%) # 21.36 25.18 24.14 32.23
Additional Benchmark Returns (%) ## 18.84 21.52 21.70 34.34
Assuming `
simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.

PERFORMANCE ^ - Regular Plan - Growth Option

Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme (`) Benchmark Additional
Date Period (%) (%)# Returns
(%) ## (`)# Benchmark
(`)##
Aug 31, 23 Last 1 Year 49.54 38.14 32.64 14,954 13,814 13,264
Aug 31, 21 Last 3 Years 24.20 17.47 15.17 19,158 16,211 15,274
Aug 30, 19 Last 5 Years 22.39 22.68 19.37 27,497 27,820 24,262
Dec 06, 17 Since Inception 13.94 16.29 16.08 24,087 27,645 27,310

Plan, refer page 109 to 115.

^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into consideration
for computation of performance.

August 2024 37
 HDFC Housing Opportunities Fund CATEGORY OF SCHEME
(An open ended equity scheme following housing and allied activities
theme)

Industry Allocation of Equity Holding

(% of Net Assets)

Banks 23.87

Construction 17.07

Cement & Cement Products 13.06

Consumer Durables 11.24

Realty 10.69

Power 7.00

Retailing 3.50

Ferrous Metals 3.50

Finance 3.28

Industrial Products 2.29

Non - Ferrous Metals 1.59

Gas 1.48

0 10 20 30

Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer

Benchmark (This product is suitable for (Current risk as per latest month
investors who are seeking ~) end portfolio)

HDFC Housing • Capital appreciation over long

rate Moderately
Opportunities term
o Mode High Modera
w t erate Hi oderate High tely
Fund • Investment predominantly o M
w t erate Hi
Mo Lo

gh
d

in equity and equity related

Mo Lo

gh
d

instruments of entities engaged

Very
High
Low

BENCHMARK :
Very
High
Low

from the growth in housing and RISKOMETER

(Total Returns RISKOMETER
its allied business activities Investors understand that their principal will be at
Index) very high risk Investors understand that their principal will be at
very high risk

Scheme and Benchmark Riskometer As on August 31, 2024

38 August 2024
HDFC Infrastructure Fund CATEGORY OF SCHEME

(An open ended equity scheme following infrastructure theme)

INVESTMENT OBJECTIVE : To seek long-term capital appreciation/income by investing predominantly in equity and equity related securities of companies engaged in or

FUND MANAGER ¥
Srinivasan Ramamurthy PORTFOLIO
(since January 12, 2024)
Total Experience: Over 17 years Company Industry+ % to Company Industry+ % to
NAV NAV
EQUITY & EQUITY RELATED Timken India Ltd. Industrial Products 0.68
DATE OF ALLOTMENT / INCEPTION DATE • ICICI Bank Ltd. Banks 6.22 0.67
March 10, 2008 • J.Kumar Infraprojects Ltd. Construction 4.97 Ikio Lighting Limited Consumer Durables 0.67
• Banks 4.46 Ceigall India Limited Construction 0.61
• Larsen and Toubro Ltd. Construction 3.90 0.59
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) • Kalpataru Projects International Ltd Construction 3.67 Bharat Electronics Ltd. 0.58
Regular Plan - Growth Option 49.537 • Coal India Ltd. 3.48
Regular Plan - IDCW Option 23.055 • NTPC Limited Power 3.38 Products 0.58
Direct Plan - Growth Option 54.284 • Bharti Airtel Ltd. Telecom - Services 3.09 Dynamatic Technologies Ltd. Industrial Manufacturing 0.56
Direct Plan - IDCW Option 35.021 • Reliance Industries Ltd. Petroleum Products 2.94 Industrial Products 0.50
• InterGlobe Aviation Ltd. Transport Services 2.41 Dilip Buildcon Ltd. Construction 0.41
ASSETS UNDER MANAGEMENT G R Infraprojects Limited Construction 2.28
As on August 31, 2024 State Bank of India Banks 2.24 Systems India Ltd Auto Components 0.38
` 2,567.79 Cr. INOX Wind Ltd Electrical Equipment 2.15
Average for Month of August 2024 Axis Bank Ltd. Banks 2.06 0.37
` 2,504.73 Cr. TD Power Systems Ltd. Electrical Equipment 1.83 Voltamp Transformers Ltd. Electrical Equipment 0.36
Premier Explosives Ltd. Centum Electronics Ltd. Industrial Manufacturing 0.35
QUANTITATIVE DATA Petrochemicals 1.76 Simplex Infrastructures Limited Construction 0.34
Portfolio Turnover Ambuja Cements Ltd. Inox India Limited Industrial Products 0.33
Equity Turnover 13.34% Products 1.68 SBI CARDS AND PAYMENT SERVICES
Total Turnover 13.34% Apollo Hospitals Enterprise Ltd. Healthcare Services 1.62 LIMITED 0.22
Total Turnover = Equity + Debt + Derivative Gujarat Pipavav Port Ltd. Transport Infrastructure 1.55 Rishabh instruments Limited Electrical Equipment 0.21
Risk Ratio 1.50 Indian Bank Banks 0.15
Standard Deviation 15.842% Hindustan Aeronautics Limited 1.46 Sadbhav Infrastructure Project Ltd.
Beta 0.589 Gujarat State Petronet Ltd. Gas 1.38 (Corporate Guarantee of Sadbhav
Sharpe Ratio* 1.668 ACC Ltd. Engineering Ltd.) Construction 0.03
Computed for the 3-yr period ended August 31, Sub Total 89.58
2024. Based on month-end NAV. Products 1.36
Paradeep Phosphates Limited 1.36 UNITS ISSUED BY REIT & INVIT
* Realty 1.06
Delhivery Limited Transport Services 1.31
Indraprastha Gas Ltd. Gas 1.29 Nexus Select Trust REIT Realty 0.81
data is computed since inception. Sub Total 1.87
Ashoka Buildcon Ltd. Construction 1.21
Petronet LNG Ltd. Gas 1.14 Cash,Cash Equivalents and Net Current Assets 8.55
TOTAL EXPENSE RATIO (As on August 31, 2024) Industrial Manufacturing 1.14 Grand Total 100.00
Including Additional Expenses and Goods and Service Bharat Petroleum Corporation Ltd. Petroleum Products 1.11 • Top Ten Holdings, £ Sponsor
Hindustan Construction Company
Regular: 2.05% Direct: 1.11% Ltd. Construction 1.10 `
Power Grid Corporation of India Ltd. Power 1.05
AIA Engineering Ltd. Industrial Products 1.00
#BENCHMARK INDEX: Gateway Distriparks Limited Transport Services 0.97
BSE India Infrastructure Index (TRI) Hindalco Industries Ltd. 0.96
##ADDL. BENCHMARK INDEX: Blue Dart Express Ltd. Transport Services 0.94
Tata Steel Ltd. 0.89 Mr. Dhruv Muchhal (since June 22, 2023)
NCC LTD. Construction 0.87 (Total Experience: Over 10 years).
EXIT LOAD$$ : 0.87
• In respect of each purchase/switch in of units, an Exit Page no. 101 to 103.
load of 1% is payable if units are redeemed/switched out The Anup Engineering Limited Industrial Manufacturing 0.85
within 30 daysfrom the date of allotment. Birla Corporation Ltd.
• No Exit Load is payable if units are redeemed/switched- Products 0.80
out aft er 30 days from the date of allotment. no. 104.
KAYNES TECHNOLOGY INDIA
LIMITED Industrial Manufacturing 0.74

SIP PERFORMANCE ^ - Regular Plan - Growth Option

Since Inception 15 year 10 year 5 year 3 year 1 year
SIP SIP SIP SIP SIP SIP
Total Amount Invested (` in Lacs) 19.80 18.00 12.00 6.00 3.60 1.20
Mkt Value As on August 30, 2024 (` in Lacs) 75.02 62.34 33.64 15.92 6.90 1.52
Returns (%) 14.59 15.13 19.57 40.27 47.20 52.84
Benchmark Returns (%) # 18.30 19.61 26.04 50.13 61.46 94.70
Additional Benchmark Returns (%) ## 14.55 14.68 16.34 21.52 21.70 34.34
Assuming `
simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.

PERFORMANCE ^ - Regular Plan - Growth Option

Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme (`) Benchmark Additional
Date Period (%) (%)# Returns
(%) ## (`)# Benchmark
(`)##
Aug 31, 23 Last 1 Year 58.52 108.64 32.64 15,852 20,864 13,264
Aug 31, 21 Last 3 Years 37.18 46.12 15.17 25,814 31,200 15,274
Aug 30, 19 Last 5 Years 28.17 37.03 19.37 34,629 48,402 24,262
Aug 28, 14 Last 10 Years 12.65 18.26 13.59 32,952 53,609 35,825
Mar 10, 08 Since Inception 10.19 11.69 11.93 49,537 61,905 64,125

Plan, refer page 109 to 115.

^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into consideration
for computation of performance.

August 2024 39
 HDFC Infrastructure Fund CATEGORY OF SCHEME

(An open ended equity scheme following infrastructure theme)

Industry Allocation of Equity Holding

(% of Net Assets)
Construction 19.39
Banks 15.13
Transport Services 5.63
Electrical Equipment 4.55
Power 4.43
Finance 4.22
Petroleum Products 4.05
Cement & Cement Products 3.84
Gas 3.81
Industrial Manufacturing 3.64
Consumable Fuels 3.48
Telecom - Services 3.09
Industrial Products 2.51
Aerospace & Defense 2.04
Chemicals & Petrochemicals 1.76
Healthcare Services 1.62
Transport Infrastructure 1.55
Fertilizers & Agrochemicals 1.36
Non - Ferrous Metals 0.96
Ferrous Metals 0.89
Consumer Durables 0.67
Paper, Forest & Jute Products 0.58
Auto Components 0.38
0 10 20

Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer

Benchmark (This product is suitable for (Current risk as per latest month
investors who are seeking ~) end portfolio)

HDFC • To generate long-term capital Modera

oderate High tely
Infrastructure appreciation / income o M Modera
oderate High tely
w t erate Hi
• Investment predominantly o M
Fund w t erate Hi
Mo Lo

gh
d

in equity and equity related

Mo Lo

gh
d
Very

securities of companies engaged

High
Low

BENCHMARK
Very
High
Low

: BSE India RISKOMETER

Infrastructure the growth and development of RISKOMETER
Investors understand that their principal will be at
Index (TRI) infrastructure very high risk Investors understand that their principal will be at
very high risk

Scheme and Benchmark Riskometer As on August 31, 2024

40 August 2024
HDFC MNC Fund CATEGORY OF SCHEME
(An open ended equity scheme following multinational company (MNC)
theme)

INVESTMENT OBJECTIVE : To provide long-term capital appreciation by investing predominantly in equity and equity related instruments of multinational companies
(MNCs). There is no assurance that the investment objective of the Scheme will be achieved.

FUND MANAGER ¥
Rahul Baijal PORTFOLIO
(since March 09, 2023)
Total Experience: Over 23 years Company Industry+ % to Company Industry+ % to
NAV NAV
EQUITY & EQUITY RELATED Abbott India Ltd.
DATE OF ALLOTMENT / INCEPTION DATE • 7.41 Biotechnology 1.78
March 09, 2023 • Beverages 7.24 KSB Ltd Industrial Products 1.77
• Siemens Ltd. Electrical Equipment 6.68 Timken India Ltd. Industrial Products 1.48
• Ambuja Cements Ltd. 3M India Ltd. 1.36
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) Products 5.47
Regular Plan - Growth Option 14.814 • Healthcare Services 5.03 Limited 1.32
Regular Plan - IDCW Option 14.814 • Cummins India Ltd. Industrial Products 4.90 ABB India Ltd. Electrical Equipment 1.08
Direct Plan - Growth Option 15.078 Goodyear India Ltd. Auto Components 0.91
Direct Plan - IDCW Option 15.078 • Maruti Suzuki India Limited Automobiles 3.92
• Nestle India Ltd. 3.92 Leisure Services 0.89
ASSETS UNDER MANAGEMENT • Britannia Industries Ltd. 3.66
• CIE Automotive India Ltd Pharmaceuticals Ltd. Biotechnology 0.56
As on August 31, 2024 Auto Components 3.44
Sub Total 94.98
` 663.68 Cr. Whirlpool of India Ltd. Consumer Durables 3.39
Cash,Cash Equivalents and Net Current Assets 5.02
Average for Month of August 2024 JNK India Limited Industrial
Manufacturing 3.21 Grand Total 100.00
` 654.46 Cr.
MphasiS Limited. IT - Software 3.07 • Top Ten Holdings
QUANTITATIVE DATA RHI MAGNESITA INDIA Limited Industrial Products 2.91
Portfolio Turnover ESCORTS LTD. Agricultural, `
Equity Turnover 36.12%
Total Turnover 36.12% Construction Vehicles 2.49
Total Turnover = Equity + Debt + Derivative Bosch Limited Auto Components 2.40
Risk Ratio
Standard Deviation 9.435% Biotechnology 2.39
Beta 0.600 Colgate-Palmolive ( I ) Ltd. Mr. Dhruv Muchhal (since June 22, 2023)
Personal Products 2.26
Sharpe Ratio* 2.307 Grindwell Norton Ltd. (Total Experience: Over 10 years).
Industrial Products 2.13
Computed for the 3-yr period ended August 31, Beverages 2.12
2024. Based on month-end NAV. Page no. 101 to 103.
* Blue Dart Express Ltd. Transport Services 2.07
Industrial Products 1.91
data is computed since inception. Gland Pharma Ltd. no. 104.
Biotechnology 1.81
TOTAL EXPENSE RATIO (As on August 31, 2024)
Including Additional Expenses and Goods and Service
SIP PERFORMANCE ^ - Regular Plan - Growth Option
Since Inception 1 year
Regular: 2.41% Direct: 1.22% SIP SIP
Total Amount Invested (` in Lacs) 1.80 1.20
#BENCHMARK INDEX: Mkt Value As on August 30, 2024 (` in Lacs) 2.25 1.41
Returns (%) 31.51 33.49
##ADDL. BENCHMARK INDEX: Benchmark Returns (%) # 42.62 47.56
Additional Benchmark Returns (%) ## 31.51 34.34
EXIT LOAD$$ : Assuming `
• In respect of each purchase/switch-in of units, an Exit
load of 1% is payable if units are redeemed/switched- simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
out within 1 year from the date of allotment.
• No Exit Load is payable if units are redeemed /
switched-out after 1 year from the date of allotment.
PERFORMANCE^
Scheme Benchmark Additional Value of ` 10,000 invested
Industry Allocation of Equity Holding Date Period
Returns
(%)
Returns
(%)#
Benchmark
Returns Scheme (`) Benchmark Additional
(%) ## (`)# Benchmark
(% of Net Assets) (`)##
Aug 31, 23 Last 1 Year 28.33 42.61 32.64 12,833 14,261 13,264
Industrial Products 15.10 Mar 09, 23 Since Inception 30.43 39.60 29.35 14,814 16,382 14,633
Beverages 9.36 Returns greater than 1 year period are compounded annualized (CAGR).
Electrical Equipment 7.76 The expenses of the Direct Plan under the
Food Products 7.58
refer page 109 to 115.
Diversified Fmcg 7.41
Auto Components 6.75 ^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into consideration
Pharmaceuticals & Biotechnology 6.54 for computation of performance.
Cement & Cement Products 5.47
Healthcare Services 5.03 Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer
Automobiles 3.92 Benchmark (This product is suitable for (Current risk as per latest month
Consumer Durables 3.39 investors who are seeking ~) end portfolio)
Industrial Manufacturing 3.21
IT - Software 3.07 HDFC MNC Fund • To generate long-term Modera
oderate High tely
capital appreciation/income o M rate Moderately
w t erate
2.49 Hi Mode
Agricultural, Commercial & Construction Vehicles
• Investment predominantly o High
BENCHMARK : w t erate Hi
Mo Lo

Personal Products 2.26

gh
d

Mo Lo

gh

Transport Services 2.07

d
Very

related instruments of
High
Low

Diversified 1.36
Very
High
Low

Finance 1.32
multinational companies.
RISKOMETER
Leisure Services 0.89 Investors understand that their principal will be at RISKOMETER
0 10 20 30 40 50 very high risk Investors understand that their principal will be at
very high risk

Scheme and Benchmark Riskometer As on August 31, 2024

August 2024 41
HDFC Non-Cyclical Consumer Fund CATEGORY OF SCHEME

(An open ended equity scheme following non-cyclical consumer theme)

INVESTMENT OBJECTIVE : To generate long-term capital appreciation by investing predominantly in equity and equity related securities of companies with a focus on non-
cyclical consumer theme. There is no assurance that the investment objective of the Scheme will be achieved.

FUND MANAGER ¥ PORTFOLIO

Amit Sinha
(since July 12, 2023) Company Industry+ % to Company Industry+ % to
Total Experience: Over 21 years NAV NAV
EQUITY & EQUITY RELATED InterGlobe Aviation Ltd. Transport Services 1.23
• 8.55 Baazar Style Retail Limited Retailing 1.21
DATE OF ALLOTMENT / INCEPTION DATE • ITC Ltd. Maruti Suzuki India Limited
8.08 Automobiles 1.16
July 12, 2023 • Zomato Ltd Retailing 8.02 Pidilite Industries Ltd.
• Titan Company Ltd. Consumer Durables 4.62 Petrochemicals 1.10
• Godrej Consumer Products Ltd. Personal Products 4.23 Emami Ltd. Personal Products 0.85
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`)
• Trent Ltd. Retailing 4.17 Retailing 0.84
Regular Plan - Growth Option 14.817 Household Products 0.83
Regular Plan - IDCW Option 14.817 • Beverages 3.87
Direct Plan - Growth Option 15.028 • Asian Paints Limited Consumer Durables 3.83 Auto Components 0.83
Direct Plan - IDCW Option 15.028 • Brainbees Solutions Limited Voltas Ltd. Consumer Durables 0.76
Retailing 3.26 Leisure Services 0.49
ASSETS UNDER MANAGEMENT • Chalet Hotels Ltd. Leisure Services 2.89 Colgate-Palmolive ( I ) Ltd. Personal Products 0.30
As on August 31, 2024 Dabur India Ltd. Personal Products 2.70
` 825.62 Cr. Bharti Hexacom Limited Telecom - Services 2.60 LIMITED 0.18
Average for Month of August 2024 DOMS Industries Limited Household Products 2.33 Wonderla Holidays Ltd. Leisure Services 0.13
` 792.16 Cr. Jupiter Life Line Hospitals Sub Total 97.74
Limited Healthcare Services 2.15 Cash,Cash Equivalents and Net Current Assets 2.26
QUANTITATIVE DATA AkzoNobel India Ltd. Consumer Durables 2.10 Grand Total 100.00
Portfolio Turnover Bharti Airtel Ltd. Telecom - Services 2.02 • Top Ten Holdings
Equity Turnover 73.36% Britannia Industries Ltd. 1.91
Total Turnover 73.36% Tata Consumer Products
Total Turnover = Equity + Debt + Derivative `
Limited Other Products 1.90
Risk Ratio Varun Beverages Ltd Beverages 1.84
Standard Deviation 11.499% Nestle India Ltd. 1.83
Beta 0.497
Sharpe Ratio* 2.681 Care Services Limited Healthcare Services 1.80
Computed for the 3-yr period ended August 31, Safari Industries (India) Ltd. Mr. Dhruv Muchhal (since July 12, 2023)
2024. Based on month-end NAV. Consumer Durables 1.65
Shoppers Stop Ltd. Retailing 1.60 (Total Experience: Over 10 years).
*
Cello World Limited Consumer Durables 1.58
data is computed since inception.
Page no. 101 to 103.
Limited IT - Software 1.55
VIJAYA DIAGNOSTIC CENTRE LTD. Healthcare Services 1.49 no. 104.
TOTAL EXPENSE RATIO (As on August 31, 2024)
Including Additional Expenses and Goods and Service Devyani International Ltd Leisure Services 1.48
LIMITED Leisure Services 1.27
Regular: 2.34% Direct: 1.12% Godfrey Phillips India Ltd.
Products 1.26
#BENCHMARK INDEX: Beverages 1.25

##ADDL. BENCHMARK INDEX:

PERFORMANCE^
Scheme Benchmark Additional Value of ` 10,000 invested
EXIT LOAD$$ : Returns Returns Benchmark Scheme (`) Benchmark Additional
• In respect of each purchase/switch-in of units, an Exit Date Period (%) (%)# Returns
load of 1% is payable if units are redeemed/switched-out (%) ## (`)# Benchmark
within 30 days from the date of allotment. (`)##
• No Exit Load is payable if units are redeemed / switched- Aug 31, 23 Last 1 Year 45.48 47.01 32.64 14,548 14,701 13,264
out after 30 days from the date of allotment.
Jul 12, 23 Since Inception 41.31 38.60 27.78 14,817 14,494 13,215
Returns greater than 1 year period are compounded annualized (CAGR).
The expenses of the Direct Plan under the
Industry Allocation of Equity Holding
refer page 109 to 115.
(% of Net Assets)
Retailing 19.10 ^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into
Diversified Fmcg 16.63
consideration for computation of performance.
Consumer Durables 14.54
Personal Products 8.08 Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer
Beverages 6.96 Benchmark (This product is suitable for (Current risk as per latest month
Leisure Services 6.26 investors who are seeking ~) end portfolio)
Healthcare Services 5.44 HDFC Non-Cyclical • To generate long-term Modera
oderate High tely
o M rate Moderately
Telecom - Services 4.62 capital appreciation/income
Consumer Fund w t erate Hi
• investment in equity and o Mode High
w t erate
Food Products 3.74 Hi
Mo Lo

gh
d

equity related securities

Mo Lo

BENCHMARK :
gh

Household Products 3.16

d
Very

of companies with a focus

High
Low

Agricultural Food & Other Products 1.90

Very
High
Low

Consumption Index on non-cyclical consumer

IT - Software 1.55 RISKOMETER
(TRI) theme. RISKOMETER
Cigarettes & Tobacco Products 1.26 Investors understand that their principal will be at
very high risk Investors understand that their principal will be at
Transport Services 1.23 very high risk
Automobiles 1.16
Chemicals & Petrochemicals 1.10 Scheme and Benchmark Riskometer As on August 31, 2024
Auto Components 0.83
Textiles & Apparels 0.18
0 5 10 15 20 25

42 August 2024
HDFC Manufacturing Fund CATEGORY OF SCHEME

(An open-ended equity scheme following manufacturing theme)

INVESTMENT OBJECTIVE : To provide long-term capital appreciation by investing predominantly in equity and equity related securities of companies engaged in the
manufacturing activity. There is no assurance that the investment objective of the Scheme will be achieved.

FUND MANAGER ¥ PORTFOLIO

Rakesh Sethia
(since May 16, 2024) Company Industry+ % to Company Industry+ % to
Total Experience: Over 17 years
NAV NAV
EQUITY & EQUITY RELATED Blue Dart Express Ltd. Transport Services 0.53
DATE OF ALLOTMENT / INCEPTION DATE • Tata Motors Ltd. Automobiles 5.31 Ipca Laboratories Ltd.
May 16, 2024 • Automobiles 5.29 Biotechnology 0.53
• Sun Pharmaceutical Industries Time Technoplast Limited Industrial Products 0.52
Ltd. Biotechnology 4.60 Craftsman Automation Ltd Auto Components 0.48
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) • Maruti Suzuki India Limited Automobiles 4.28 Alkem Laboratories Ltd.
Regular Plan - Growth Option 11.195 • Cipla Ltd. Biotechnology 0.47
Regular Plan - IDCW Option 11.195 Biotechnology 3.50 Industrial Products 0.47
Direct Plan - Growth Option 11.239 • Larsen and Toubro Ltd. Construction 3.27 Indraprastha Gas Ltd. Gas 0.46
Direct Plan - IDCW Option 11.239 • Reliance Industries Ltd. Petroleum Products 2.90 ABB India Ltd. Electrical Equipment 0.42
• Aurobindo Pharma Ltd. Torrent Pharmaceuticals Ltd.
ASSETS UNDER MANAGEMENT Biotechnology 2.69 Biotechnology 0.40
As on August 31, 2024 • Hindustan Aeronautics Limited 2.08 GMM Pfaudler Limited Industrial
` 13,278.18 Cr. • Eicher Motors Ltd. Automobiles 2.05 Manufacturing 0.38
Average for Month of August 2024 Gland Pharma Ltd.
` 12,914.74 Cr. Biotechnology 2.01 Agrochemicals 0.38
Hindalco Industries Ltd. 1.93 Kajaria Ceramics Ltd. Consumer Durables 0.36
TOTAL EXPENSE RATIO (As on August 31, 2024) Divis Laboratories Ltd. Eris Lifesciences Ltd
Including Additional Expenses and Goods and Service Biotechnology 1.92 Biotechnology 0.34
Siemens Ltd. Electrical Equipment 1.89 Power Mech Projects Ltd. Construction 0.33
NTPC Limited Power 1.77 TD Power Systems Ltd. Electrical Equipment 0.33
Regular: 1.67% Direct: 0.41% TCI Express Ltd.
Bosch Limited Auto Components 1.75 Transport Services 0.32
Cummins India Ltd. Industrial Products 1.73 Varroc Engineering Limited Auto Components 0.30
#BENCHMARK INDEX: JSW Steel Ltd. 1.73 RHI MAGNESITA INDIA Limited Industrial Products 0.26
ACC Ltd. Ola Electric Mobility Limited Automobiles 0.23
##ADDL. BENCHMARK INDEX: Products 1.58 Cello World Limited Consumer Durables 0.22
Ambuja Cements Ltd. Samvardhana Motherson
Products 1.58 International Ltd. Auto Components 0.22
EXIT LOAD$$ : Bharat Electronics Ltd. 1.53 AMI Organics Ltd
• In respect of each purchase/switch-in of units, an Exit Godrej Consumer Products Ltd. Personal Products 1.34 Biotechnology 0.21
load of 1% is payable if units are redeemed/switched-out Lupin Ltd. KAYNES TECHNOLOGY INDIA Industrial
within 1 month from the date of allotment. Biotechnology 1.32 LIMITED Manufacturing 0.20
• No Exit Load is payable if units are redeemed / switched- JK Cement Limited
out after 1 month from the date of allotment. Dabur India Ltd. Personal Products 1.31
Ajanta Pharma Limited Products 0.18
Biotechnology 1.30 Auto Components 0.18
Glenmark Pharmaceuticals Ltd. Bharat Petroleum Corporation
Biotechnology 1.20 Ltd. Petroleum Products 0.17
Pidilite Industries Ltd. Syngene International Limited Healthcare Services 0.17
Petrochemicals 1.10 Archean Chemical Industries
Bajaj Auto Limited Automobiles 1.08 Limited Petrochemicals 0.16
CG Power and Industrial Bansal Wire Industries Limited Industrial Products 0.15
Solutions Ltd. Electrical Equipment 1.08 G R Infraprojects Limited Construction 0.12
CIE Automotive India Ltd Auto Components 1.06 Premier Energies Limited Electrical Equipment 0.12
CYIENT DLM LIMITED Industrial Emcure Pharmaceuticals
Manufacturing 1.01 Limited Biotechnology 0.09
ESCORTS LTD. Agricultural, Grindwell Norton Ltd. Industrial Products 0.08
La Opala RG Limited Consumer Durables 0.06
Construction Vehicles 0.96 Elecon Engineering Comapny Industrial
Hindustan Petroleum Corp. Ltd. Petroleum Products 0.95 Ltd. Manufacturing 0.02
Consumer Durables @
Products 0.87 Sub Total 91.61
Hero MotoCorp Ltd. Automobiles 0.85 Cash,Cash Equivalents and Net Current Assets 8.39
Bajaj Electricals Ltd. Consumer Durables 0.84 Grand Total 100.00
0.84
• Top Ten Holdings, @ Less than 0.01%
LIMITED 0.84
Auto Components 0.81 `
Tata Steel Ltd. 0.77
CESC Ltd. Power 0.75
Birla Corporation Ltd.
Products 0.74
Auto Components 0.73 Mr. Dhruv Muchhal (since May 16, 2024)
(Total Experience: Over 10 years).
Co. Ltd. Construction 0.73
BEML Limited Agricultural,
Page no. 101 to 103.
Construction Vehicles 0.72
Balkrishna Industries Ltd. Auto Components 0.68 no. 104.
Dixon Technologies (India) Ltd. Consumer Durables 0.64
LIMITED Auto Components 0.64
Havells India Ltd. Consumer Durables 0.61
Timken India Ltd. Industrial Products 0.59

August 2024 43
 HDFC Manufacturing Fund CATEGORY OF SCHEME

(An open-ended equity scheme following manufacturing theme)

Industry Allocation of Equity Holding

(% of Net Assets)

Pharmaceuticals & Biotechnology 20.58

Automobiles 19.09
Auto Components 6.85
Cement & Cement Products 4.95
Construction 4.45
Petroleum Products 4.02
Electrical Equipment 3.84
Industrial Products 3.80
Aerospace & Defense 3.61
Ferrous Metals 3.34
Consumer Durables 2.73
Personal Products 2.65
Power 2.52
Non - Ferrous Metals 1.93
Agricultural, Commercial & Construction Vehicles 1.68
Industrial Manufacturing 1.61
Chemicals & Petrochemicals 1.26
Transport Services 0.85
Textiles & Apparels 0.84
Gas 0.46
Fertilizers & Agrochemicals 0.38
Healthcare Services 0.17
0 10 20 30 40 50

Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer

Benchmark (This product is suitable for (Current risk as per latest month
investors who are seeking ~) end portfolio)

HDFC • To generate longterm capital

rate Moderately
Manufacturing appreciation o Mode High Modera
w t erate Hi oderate High tely
• Investment predominantly in o M
Fund w t erate Hi
Mo Lo

gh
d

Mo Lo

gh
d
Very

of companies engaged in the

High
Low

BENCHMARK :
Very
High
Low

manufacturing theme.
RISKOMETER
Manufacturing Investors understand that their principal will be at RISKOMETER
Index very high risk Investors understand that their principal will be at
very high risk

Scheme and Benchmark Riskometer As on August 31, 2024

44 August 2024
 HDFC Balanced Advantage Fund CATEGORY OF SCHEME

(An open ended balanced advantage fund)

KEY FACTS
INVESTMENT OBJECTIVE : To provide long term capital appreciation / income from a dynamic mix of equity and debt investments. There is no assurance that the investment
objective of the Scheme will be achieved.

FUND MANAGER ¥ PORTFOLIO

Gopal Agrawal t
(Equity Assets) (since July 29, 2022) Company Industry+ / % to NAV % exposure Company Industry+ / % to NAV % exposure
Total Experience: Over 21 years Rating (Hedged & of Derivative Rating (Hedged & of Derivative
Unhedged) Unhedged)
Srinivasan Ramamurthy EQUITY & EQUITY RELATED Titan Company Ltd. Consumer
(Equity Assets) (since July 29, 2022) Durables 0.30 0.30
Total Experience: Over 17 years • Banks 6.10 2.04
• ICICI Bank Ltd. Banks 3.58 0.69 Dynamatic Technologies Ltd. Industrial
Arun Agarwal • State Bank of India Banks 3.31 0.32 Manufacturing 0.29 0.00
(Arbitrage Assets) (since October 6, 2022) • Coal India Ltd. Consumable Savita Oil Technologies Ltd. Petroleum
Total Experience: Over 25 years 3.15 0.06 Products 0.29 0.00
• NTPC Limited Power 3.14 0.17 Kalpataru Projects
Nirman Morakhia • Infosys Limited IT - Software 2.71 0.61
International Ltd Construction 0.27 0.00
Time Technoplast Limited Industrial
• Larsen and Toubro Ltd. Construction 2.51 0.39 Products 0.25 0.00
Total Experience: Over 16 years • Reliance Industries Ltd. Petroleum CESC Ltd. Power 0.24 0.00
Anil Bamboli Products 2.28 0.71
Life Insurance Corporation
(Debt Assets) (since July 29, 2022) ITC Ltd. 2.25 0.07 of India Insurance 0.24 0.00
Total Experience: Over 30 years Bharti Airtel Ltd. Telecom - Ashok Leyland Ltd Agricultural,
Services 1.89 0.27
Axis Bank Ltd. Banks 1.89 0.59 Construction
DATE OF ALLOTMENT / INCEPTION DATE Tata Consultancy Services Vehicles 0.23 0.08
Ltd. IT - Software 1.55 0.47 Industrial
@@
Lupin Ltd. Pharmaceuticals Manufacturing 0.23 0.00
1.36 0.00 Kotak Mahindra Bank
Limited Banks 0.22 0.22
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) Ltd. 1.36 0.03 LAKSHMI MACHINE WORKS Industrial
Regular Plan - Growth Option 512.844 REC Limited. 1.29 0.05 LTD. Manufacturing 0.22 0.00
Regular Plan - IDCW Option 41.339 Sun Pharmaceutical Pharmaceuticals Apollo Hospitals Enterprise Healthcare
Direct Plan - Growth Option 551.388 Industries Ltd. 1.20 0.12 Ltd. Services 0.21 0.22
Direct Plan - IDCW Option 47.584 Bharat Petroleum Petroleum
Corporation Ltd. Products 1.14 0.39 Corp. Ltd. 0.19 0.00
Automobiles 0.93 0.17 Industrial
ASSETS UNDER MANAGEMENT GAIL (India) Ltd. Gas 0.92 0.08 Ltd. Manufacturing 0.19 0.00
As on August 31, 2024 Bank of Baroda Banks 0.83 0.04 The Tata Power Company
` 95,391.46 Cr. Ltd. Power 0.18 0.18
Average for Month of August 2024 Co. Ltd. Construction 0.74 0.00 0.17 0.00
` 93,821.78 Cr. Hindustan Petroleum Petroleum Tata Steel Ltd. 0.17 0.17
Corp. Ltd. Products 0.70 0.04 Gujarat Industries Power
Titagarh Wagons Limited Industrial Co. Ltd. Power 0.16 0.00
QUANTITATIVE DATA Manufacturing 0.63 0.00 Wipro Ltd. IT - Software 0.16 0.16
Risk Ratio SBI Life Insurance Company Divis Laboratories Ltd. Pharmaceuticals
Standard Deviation 9.516% Ltd. Insurance 0.61 0.11 0.15 0.16
Beta 1.197 Indusind Bank Ltd. Banks 0.59 0.37 Tech Mahindra Ltd. IT - Software 0.15 0.15
Sharpe Ratio* 1.659 Apar Industries Limited Electrical Canara Bank Banks 0.14 0.14
Computed for the 3-yr period ended August 31, Equipment 0.56 0.00 SBI CARDS AND PAYMENT
2024. Based on month-end NAV. SERVICES LIMITED 0.14 0.00
* Corporation Ltd. Oil 0.56 0.25 0.12 0.03
Bharat Dynamics Limited 0.12 0.12
data is computed since inception. Defense 0.55 0.00 Zee Entertainment
Portfolio Turnover Gujarat Pipavav Port Ltd. Transport Enterprises Ltd. Entertainment 0.12 0.00
Equity Turnover 21.16% Infrastructure 0.54 0.00 Hindalco Industries Ltd.
Total Turnover 178.98% Hindustan Aeronautics Metals 0.10 0.10
Total Turnover = Equity + Debt + Derivative Limited Defense 0.52 0.03
Residual Maturity * 6.34 years 0.51 0.52 Development Corporation
Macaulay Duration * 3.85 years Tata Motors Ltd. Automobiles 0.50 0.17 Ltd. 0.10 0.00
0.49 0.49 LTIMindtree Limited IT - Software 0.10 0.10
Annualized Portfolio YTM# * 7.27% Apollo Tyres Ltd. Auto Nestle India Ltd. 0.10 0.10
#
semi annual YTM has been annualised. Components 0.47 0.00 Power Grid Corporation of
*Calculated on amount invested in debt securities Aurobindo Pharma Ltd. Pharmaceuticals India Ltd. Power 0.10 0.10
(including accrued interest), deployment of funds 0.47 0.05 ADANI ENTERPRISES LIMTIED
in TREPS and Reverse Repo and net receivable 0.47 0.47 Minerals Trading 0.09 0.10
/ payable. InterGlobe Aviation Ltd. Transport
Services 0.46 0.11 LIMITED Capital Markets 0.09 0.00
J.Kumar Infraprojects Ltd. Construction 0.44 0.00 Ambuja Cements Ltd.
TOTAL EXPENSE RATIO (As on August 31, 2024) Cement Products 0.08 0.08
Including Additional Expenses and Goods and Service BEML Limited Agricultural,
Construction Agrochemicals 0.07 0.07
Regular: 1.35% Direct: 0.72% Vehicles 0.43 0.00 Telecom -
Transport Services 0.07 0.00
Economic Zone Infrastructure 0.41 0.41
#BENCHMARK INDEX: Auto Company Limited Insurance 0.06 0.06
Components 0.38 0.07 JSW Steel Ltd. 0.06 0.06
##ADDL. BENCHMARK INDEX: Ashoka Buildcon Ltd. Construction 0.36 0.00 MphasiS Limited. IT - Software 0.06 0.06
Ipca Laboratories Ltd. Pharmaceuticals
0.36 0.00 Petrochemicals 0.06 0.06
Mishra Dhatu Nigam Ltd. ACC Ltd.
NET EQUITY EXPOSURE: Defense 0.36 0.00 Cement Products 0.05 0.05
49.96% Indus Towers Limited Telecom - AGS Transact Technologies
Services 0.33 0.33 Limited Technology
PCBL Ltd. 0.05 0.00
Petrochemicals 0.32 0.00 Bharat Heavy Electricals Ltd. Electrical
Cipla Ltd. Pharmaceuticals Equipment 0.05 0.05
0.30 0.16 Bharti Hexacom Limited Telecom -
Garden Reach Shipbuilders Services 0.05 0.00
Defense 0.30 0.00 Godrej Properties Ltd. Realty 0.05 0.05
Maruti Suzuki India Limited Automobiles 0.30 0.30 Great Eastern Shipping Transport
NHPC Ltd. Power 0.30 0.00 Company Ltd. Services 0.05 0.00

....Contd on next page

August 2024 45
 .....Contd from previous page

HDFC Balanced Advantage Fund CATEGORY OF SCHEME

(An open ended balanced advantage fund)

EXIT LOAD$$ : PORTFOLIO

15% of the units may be redeemed without any exit t
load from the date of allotment.
• Any redemption in excess of the above limit shall be Company Industry+ / % to NAV % exposure Company Industry+ / % to NAV % exposure
subject to the following exit load: Rating (Hedged & of Derivative Rating (Hedged & of Derivative
Unhedged) Unhedged)
switched-out within 1 year from the date of allotment
of units. Hero MotoCorp Ltd. Automobiles 0.05 0.05
RHI MAGNESITA INDIA Industrial Cement Products @ 0.00
switched-out after 1 year from the date of allotment. Limited Products 0.05 0.00 Beverages @ 0.00
Indian Railway Catering And Sub Total 64.59 14.63
Tourism Corp Ltd Leisure Services 0.04 0.04 Compulsorily Convertible Debentures
Bajaj Auto Limited Automobiles 0.03 0.03 Cholamandalam Investment
BEML Land Assets Limited 0.03 0.00 0.43 0.00
Indian Oil Corporation Ltd. Petroleum Sub Total 0.43 0.00
Products 0.03 0.03 Total 65.02 0.00
Portfolio Retailing 0.03 0.03 DEBT & DEBT RELATED
Piramal Enterprises Limited 0.03 0.03 Government Securities (Central/State)
Asset Class (%) Asian Paints Limited Consumer • 7.38 GOI 2027 Sovereign 2.90 0.00
Durables 0.02 0.02 • 7.18 GOI 2033 Sovereign 2.44 0.00
Biocon Ltd. Pharmaceuticals 7.1 GOI 2029 Sovereign 1.72 0.00
0.02 0.02 GOI 2034 Sovereign 1.59 0.00
Realty 0.02 0.02 7.1 GOI 2034 Sovereign 1.19 0.00
Equity 64.59 Glenmark Pharmaceuticals Pharmaceuticals
0.23 Ltd. 0.02 0.02 7.18 GOI 2037 Sovereign 1.05 0.00
1.22 HCL Technologies Ltd. IT - Software 0.02 0.02 7.26 GOI 2032 Sovereign 0.70 0.00
Indian Hotels Company Ltd. Leisure Services 0.02 0.02 7.26 GOI 2033 Sovereign 0.65 0.00
G-Sec, G-Sec STRIPS, SDL 15.17 5.22 GOI 2025 Sovereign 0.64 0.00
Securitized Debt Instruments 0.18 Laurus Labs Ltd. Pharmaceuticals
0.02 0.02 7.06 GOI 2028 Sovereign 0.39 0.00
Credit Exposure 13.87 Ramco Systems Ltd. IT - Software 0.02 0.00 7.17 GOI 2030 Sovereign 0.38 0.00
Cash, Cash Equivalents and Net Current Assets 4.74 RITES Limited Construction 0.02 0.00 6.18 GOI 2024 Sovereign 0.26 0.00
Siemens Ltd. Electrical 5.74 GOI 2026 Sovereign 0.21 0.00
Equipment 0.02 0.02 7.3 GOI 2053 Sovereign 0.21 0.00
TVS Motor Company Ltd. Automobiles 0.02 0.02 7.09 GOI 2054 Sovereign 0.11 0.00
Aarti Industries Ltd. 7.23 GOI 2039 Sovereign 0.11 0.00
Petrochemicals 0.01 0.01 6.79 GOI 2027 Sovereign 0.07 0.00
Portfolio Britannia Industries Ltd. 0.01 0.01 7.65% Chhattisgarh SDL Mat
Campus Activewear Limited Consumer 310133 Sovereign 0.07 0.00
Durables 0.01 0.00
Rating Class (%) Container Corporation of Transport 200324 Mat 200336 Sovereign 0.05 0.00
India Ltd. Services 0.01 0.01 7.63% Gujarat SDL ISD
Emcure Pharmaceuticals Pharmaceuticals 240124 Mat 240133 Sovereign 0.05 0.00
Limited 0.01 0.00 7.64% Gujarat SDL ISD
Equity 64.59 ESCORTS LTD. Agricultural, 170124 MAT 170133 Sovereign 0.05 0.00
Sovereign 15.17
0.23 Construction 271223 MAT 271233 Sovereign 0.05 0.00
1.22 Vehicles 0.01 0.01 7.32 GOI 2030 Sovereign 0.04 0.00
13.13 National Aluminium Co. Ltd. 7.64% % Gujarat SDL ISD
Metals 0.01 0.01 170124 Mat 170134 Sovereign 0.04 0.00
AA+ 0.49
7.25 GOI 2063 Sovereign 0.03 0.00
Compulsorily Convertible Debentures 0.43 Software Ltd. IT - Software 0.01 0.01
Cash, Cash Equivalents and Net Current Assets 4.74 PI Industries Ltd. 201223 MAT 201233 Sovereign 0.03 0.00
Agrochemicals 0.01 0.01 7.63% Gujarat SDL ISD
Pidilite Industries Ltd. 240124 Mat 240134 Sovereign 0.03 0.00
Petrochemicals 0.01 0.01
Polycab India Limited Industrial 271223 Mat 271233 Sovereign 0.03 0.00
Products 0.01 0.01 7.45% Maharashtra ISD
Tata Consumer Products Agricultural 220324 Mat 220339 Sovereign 0.02 0.00
Limited GOI STRIPS - Mat 170628 Sovereign 0.02 0.00
Products 0.01 0.01 6.67 GOI 2050 Sovereign 0.01 0.00
Vedanta Ltd. 6.99 GOI 2051 Sovereign 0.01 0.00
Metals 0.01 0.01
7.47% Chhattisgarh SDL ISD
Zydus Lifesciences Limited Pharmaceuticals 200324 MAT 200333 Sovereign 0.01 0.00
0.01 0.01
7.63% Maharashtra SDL Mat
Balkrishna Industries Ltd. Auto 310135 Sovereign 0.01 0.00
Components @ 0.00
7.47% Chhattisgarh SDL ISD
Cholamandalam Investment 200324 MAT 200334 Sovereign @ 0.00
@ 0.00
8.07% Kerala SDL Mat
Crompton Greaves Consumer 150626 Sovereign @ 0.00
Consumer Elec. Ltd. Durables @ 0.00
Sub Total 15.17 0.00
Dabur India Ltd. Personal
Products @ 0.00 Credit Exposure (Non Perpetual)
Exide Industries Ltd. Auto CRISIL - AAA 1.92 0.00
Components @ 0.00 Small Industries CARE - AAA /
Havells India Ltd. Consumer Development Bank CRISIL - AAA 1.31 0.00
Durables @ 0.00 CRISIL - AAA /
@ 0.00 Rural Dev. ICRA - AAA 1.20 0.00
Indian Energy Exchange CRISIL - AAA 1.07 0.00
Limited Capital Markets @ 0.00 State Bank of India CRISIL - AAA /
@ 0.00 ICRA - AAA 1.04 0.00
@ 0.00 REC Limited. CRISIL - AAA /
ICRA - AAA 1.02 0.00
MEP Infrastructure Transport
Developers Ltd. Infrastructure @ 0.00
Corp. Ltd. CRISIL - AAA 1.00 0.00
Ltd. Petrochemicals @ 0.00 Pipeline Infrastructure
Pvt. Ltd. CRISIL - AAA 0.67 0.00
NMDC Limited
Mining @ 0.00 National Housing Bank CARE - AAA /
CRISIL - AAA 0.43 0.00
Oberoi Realty Ltd. Realty @ 0.00
Persistent Systems Limited IT - Software @ 0.00 Ltd. CRISIL - AAA 0.41 0.00
Petronet LNG Ltd. Gas @ 0.00 CRISIL - AAA 0.31 0.00
Shree Cement Ltd. CRISIL - AAA 0.31 0.00
Cement Products @ 0.00
CRISIL - AAA /
Tata Communications Telecom - India Ltd. ICRA - AAA 0.31 0.00
Limited Services @ 0.00

46 August 2024
 HDFC Balanced Advantage Fund CATEGORY OF SCHEME

(An open ended balanced advantage fund)

PORTFOLIO
t
Company Industry+ / % to NAV % exposure Company Industry+ / % to NAV % exposure
Rating (Hedged & of Derivative Rating (Hedged & of Derivative
Unhedged) Unhedged)
Units issued by InvIT
Pvt. Ltd. (erstwhile Reliance POWERGRID Infrastructure
CRISIL - AAA 0.30 0.00 Investment Trust Power 0.23 0.00
Bank of Baroda CRISIL - AAA 0.26 0.00 Sub Total 0.23 0.00
CRISIL - AAA 0.26 0.00 Units issued by ReIT
Kotak Mahindra Investments Realty 0.79 0.00
Ltd. CRISIL - AAA 0.21 0.00
Cholamandalam Investment Realty 0.43 0.00
ICRA - AA+ 0.21 0.00 Sub Total 1.22 0.00
Mahanagar Telephone Total 1.45 0.00
Nigam Ltd. (Corporate Cash Margin 3.86 0.00
guarantee from Govt of
India) CARE - AAA(CE) 0.21 0.00 Cash,Cash Equivalents and Net Current Assets 0.88 0.00
Sansar Trust July 2023 II CRISIL - AAA(SO) 0.18 0.00 Grand Total 100.00 14.63
TATA Capital Housing •
CRISIL - AAA 0.14 0.00
Bharat Petroleum Outstanding exposure in derivative
Corporation Ltd. CRISIL - AAA 0.10 0.00 instruments (` in Crore) 13,983.45
Grasim Industries Ltd. CRISIL - AAA 0.10 0.00 Hedged position in Equity & Equity related instruments
Development Corporation Outstanding derivative exposure (% age) 14.66
Ltd. CARE - AAA 0.10 0.00
Canara Bank CRISIL - AAA 0.06 0.00 `
Tata Capital Ltd. CRISIL - AAA 0.06 0.00 August 31, 2024
Export - Import Bank of India CRISIL - AAA 0.05 0.00
Power Grid Corporation of
India Ltd. CRISIL - AAA 0.05 0.00
Mr. Dhruv Muchhal (since June 22, 2023)
Limited CRISIL - AAA 0.05 0.00 (Total Experience: Over 10 years).
Sub Total 13.34 0.00
Credit Exposure (Perpetual Bonds)
Bank of Baroda (AT1, BASEL Page no. 101 to 103.
III, Perpetual) CRISIL - AA+ 0.23 0.00
104.
BASEL III, Perpetual) CARE - AA+ 0.05 0.00
Sub Total 0.28 0.00
Total 28.79 0.00
UNITS ISSUED BY REIT & INVIT

SIP PERFORMANCE ^ - Regular Plan - Growth Option

Since Inception 15 year 10 year 5 year 3 year 1 year
SIP SIP SIP SIP SIP SIP
Total Amount Invested (` in Lacs) 36.70 18.00 12.00 6.00 3.60 1.20
Mkt Value As on August 30, 2024 (` in Lacs)$$ 1,547.74 69.87 30.89 11.70 5.46 1.41
Returns (%)$$ 19.42 16.44 17.99 27.11 29.10 34.29
Benchmark Returns (%) # N.A. 11.60 12.22 14.12 14.52 21.23
Additional Benchmark Returns (%) ## 14.16 14.68 16.34 21.52 21.70 34.34
Assuming `
investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.

PERFORMANCE ^ - Regular Plan - Growth Option

Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark
Scheme Benchmark Additional
Date Period (%) $$ (%)# Returns
(%) ## (`) $$ (`)# Benchmark
(`)##
Aug 31, 23 Last 1 Year 38.37 20.03 32.64 13,837 12,003 13,264
Aug 31, 21 Last 3 Years 24.54 10.59 15.17 19,318 13,525 15,274
Aug 30, 19 Last 5 Years 22.18 13.57 19.37 27,259 18,906 24,262
Aug 28, 14 Last 10 Years 14.74 11.17 13.59 39,609 28,883 35,825
Since Inception 18.70 NA 11.61 1,898,016 NA 287,934
Returns greater than 1 year period are compounded annualized (CAGR). N.A. Not Available. Scheme performance may not strictly be
comparable with that of its Additional Benchmark in view of balanced nature of the scheme where a portion of scheme’s investments are

by Gopal Agrawal, Srinivasan Ramamurthy, Arun Agarwal, Nirman Morakhia and

^Past performance may or may not be sustained in future and is not a guarantee of any future returns.
Load is not taken into consideration for computation of performance.

order greater than what may ordinarily be expected considering only its duration. Hence investors are recommended to consider the unadjusted portfolio maturity of the scheme as well and exercise adequate
due diligence when deciding to make their investments.
Note:

August 2024 47
 HDFC Balanced Advantage Fund CATEGORY OF SCHEME

(An open ended balanced advantage fund)

Industry Allocation of Equity Holding

(% of Net Assets)
Banks 16.66
IT - Software 4.78
Petroleum Products 4.44
Finance 4.39
Power 4.35
Construction 4.34
Pharmaceuticals & Biotechnology 3.92
Consumable Fuels 3.15
Diversified Fmcg 2.76
Telecom - Services 2.34
Automobiles 1.83
Aerospace & Defense 1.73
Industrial Manufacturing 1.56
Realty 1.29
Transport Infrastructure 0.95
Gas 0.92
Insurance 0.91
Auto Components 0.85
Agricultural, Commercial & Construction Vehicles 0.67
Electrical Equipment 0.63
Oil 0.56
Transport Services 0.52
Chemicals & Petrochemicals 0.40
Ferrous Metals 0.35
Consumer Durables 0.33
Industrial Products 0.31
Healthcare Services 0.21
Cement & Cement Products 0.13
Entertainment 0.12
Non - Ferrous Metals 0.11
Food Products 0.11
Metals & Minerals Trading 0.09
Capital Markets 0.09
Fertilizers & Agrochemicals 0.08
Leisure Services 0.06
Financial Technology (Fintech) 0.05
Retailing 0.03
Diversified Metals 0.01
Agricultural Food & Other Products 0.01
0 5 10 15 20

Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer

Benchmark (This product is suitable for (Current risk as per latest month
investors who are seeking ~) end portfolio)

HDFC • To generate long-term capital

Modera
Balanced appreciation / income oderate High tely
o M rate Moderately
Advantage • Investments in a mix of equity w t erate Hi Mode High
o
w t erate Hi
Mo Lo

gh

and debt instruments

d

Fund
Mo Lo

gh
d
Very
High
Low

Very
High
Low

BENCHMARK :
RISKOMETER
Investors understand that their principal will be at RISKOMETER
Composite Debt very high risk Investors understand that their principal will be at
50:50 Index high risk

Scheme and Benchmark Riskometer As on August 31, 2024

48 August 2024
 HDFC Hybrid Equity Fund CATEGORY OF SCHEME
(An open ended hybrid scheme investing predominantly in equity and
equity related instruments)
KEY FACTS
INVESTMENT OBJECTIVE :
instruments. The Scheme will also invest in debt and money market instruments. There is no assurance that the investment objective of the Scheme will be achieved.
FUND MANAGER ¥
Chirag Setalvad
(Equity Assets) (since April 2, 2007) PORTFOLIO
Total Experience: Over 27 years
Anupam Joshi Company Industry+ / Rating % to Company Industry+ / Rating % to
(Debt Assets) (since October 6, 2022) NAV NAV
Total Experience: Over 18 years EQUITY & EQUITY RELATED 7.68% Jharkhand SDL ISD
• ICICI Bank Ltd. Banks 7.28 240124 Mat 240132 Sovereign 0.29
• Banks 6.27 7.63% Gujarat SDL ISD 240124
DATE OF ALLOTMENT / INCEPTION DATE@@ • Larsen and Toubro Ltd. Construction 4.72 Mat 240133 Sovereign 0.27
September 11, 2000 • Reliance Industries Ltd. Petroleum Products 4.50 7.66% RAJASTHAN SDL Mat
• Infosys Limited IT - Software 4.12 310134 Sovereign 0.27
• Bharti Airtel Ltd. Telecom - Services 3.87 7.41% Himachal Pradesh SDL
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) • ITC Ltd. 3.81 ISD 130324 Mat 130336 Sovereign 0.21
Regular Plan - Growth Option 116.223 • State Bank of India Banks 3.71 7.48% Rajasthan SDL ISD
Regular Plan - IDCW Option 17.487 Axis Bank Ltd. Banks 2.40 200324 MAT 200337 Sovereign 0.21
Direct Plan - Growth Option 125.276 Industrial Products 2.02
Direct Plan - IDCW Option 19.805 Hindustan Petroleum Corp. 200324 Mat 200336 Sovereign 0.21
Ltd. Petroleum Products 1.91 7.52% Himachal Pradesh SDL
ASSETS UNDER MANAGEMENT KEC International Ltd. Construction 1.85 ISD 270324 MAT 270339 Sovereign 0.21
As on August 31, 2024 Kotak Mahindra Bank Limited Banks 1.85
` 24,644.67 Cr. Zensar Technologies Ltd. 270324 MAT 270339 Sovereign 0.21
Average for Month of August 2024 IT - Software 1.73 7.63% Gujarat SDL ISD 240124
Aurobindo Pharma Ltd. Mat 240134 Sovereign 0.21
` 24,273.65 Cr. Biotechnology 1.53 7.67% Chhattisgarh SDL ISD
Beverages 1.44 240124 Mat 240131 Sovereign 0.21
QUANTITATIVE DATA 7.68% Chattisgarh SDL ISD
Risk Ratio Power Grid Corporation of
Standard Deviation 8.739% India Ltd. Power 1.37 170124 MAT 170132 Sovereign 0.21
Beta 1.014 PNC Infratech Ltd. Construction 1.34 7.66% Haryana SDL Mat
Sharpe Ratio* 0.855 Redington Ltd. 310136 Sovereign 0.19
Computed for the 3-yr period ended August 31, Supplies 1.33 7.67% Rajasthan ISD 24012024
2024. Based on month-end NAV. Eris Lifesciences Ltd Mat 240134 Sovereign 0.17
* Biotechnology 1.30 7.36% Maharashtra SDL ISD
120423 Mat 120428 Sovereign 0.16
data is computed since inception. 7.52% Goa SDL ISD 270324
Ind Ltd. Leisure Services 1.20
Portfolio Turnover Godrej Consumer Products Ltd. Personal Products 1.05 MAT 270339 Sovereign 0.15
Equity Turnover 34.26% Dabur India Ltd. Personal Products 0.95
Total Turnover 34.26% Krishna Institute Of Medical 271223 MAT 271233 Sovereign 0.15
Total Turnover = Equity + Debt + Derivative
Sciences Limited Healthcare Services 0.89
Residual Maturity * 6.27 years Vardhman Textiles Ltd. 0.72 200324 MAT 200334 Sovereign 0.13
Macaulay Duration * 4.54 years GMM Pfaudler Limited Industrial Manufacturing 0.65 7.67% Chattisgarh SDL ISD
Ola Electric Mobility Limited Automobiles 0.63 170124 MAT 170133 Sovereign 0.11
Annualized Portfolio YTM# * 7.54% 7.42% Tamil Nadu SDL ISD
#
semi annual YTM has been annualised. Auto Components 0.57
*Calculated on amount invested in debt securities Metropolis Healthcare Ltd. Healthcare Services 0.53 030424 MAT 030434 Sovereign 0.10
(including accrued interest), deployment of funds Kalpataru Projects 7.43% Maharashtra SDL ISD
in TREPS and Reverse Repo and net receivable International Ltd Construction 0.42 030424 MAT 030439 Sovereign 0.10
/ payable. Sharda Cropchem Ltd. 7.72% Rajasthan SDL - Mat
Agrochemicals 0.42 081133 Sovereign 0.10
Gland Pharma Ltd. 7.66% RAJASTHAN SDL ISD
Biotechnology 0.41 240124 Mat 240131 Sovereign 0.08
TOTAL EXPENSE RATIO (As on August 31, 2024) Dr. Lal Path Labs Ltd Healthcare Services 0.34 8.13 GOI 2045 Sovereign 0.07
Including Additional Expenses and Goods and Service 7.1 GOI 2028 Sovereign 0.06
Auto Components 0.29
Blue Dart Express Ltd. Transport Services 0.28 7.47% Chhattisgarh SDL ISD
Regular: 1.68% Direct: 1.02% CIE Automotive India Ltd Auto Components 0.27 200324 MAT 200333 Sovereign 0.06
Jagran Prakashan Ltd. Media 0.10 7.63% Maharashtra SDL Mat
#BENCHMARK INDEX: AkzoNobel India Ltd. Consumer Durables 0.07 310135 Sovereign 0.04
Sadbhav Engineering Ltd. Construction 0.07 7.63% Maharashtra SDL Mat
Sub Total 68.21 310136 Sovereign 0.04
##ADDL. BENCHMARK INDEX: Sub Total 7.82
Compulsorily Convertible
Debentures Credit Exposure (Non
Cholamandalam Investment Perpetual)
EXIT LOAD$$ : 0.56 •
Sub Total 0.56 Rural Dev. CRISIL - AAA / ICRA - AAA 4.35
15% of the units may be redeemed without any exit Total 68.77 • CRISIL - AAA 2.46
load from the date of allotment. DEBT & DEBT RELATED CRISIL - AAA 1.52
• Any redemption in excess of the above limit shall be Government Securities (Central/State) Small Industries Development
subject to the following exit load: Bank CARE - AAA / CRISIL - AAA 1.21
7.1 GOI 2034 Sovereign 0.72
switched-out within 1 year from the date of allotment Power Grid Corporation of
of units. 081133 Sovereign 0.42 India Ltd. CRISIL - AAA 0.86
7.09 GOI 2054 Sovereign 0.41 Kotak Mahindra Investments
switched-out after 1 year from the date of allotment. Ltd. CRISIL - AAA 0.82
7.18 GOI 2033 Sovereign 0.41
7.66% RAJASTHAN SDL Mat
310133 Sovereign 0.37 Infrastructure and
7.64% Gujarat SDL ISD 170124 Development CRISIL - AAA 0.82
MAT 170133 Sovereign 0.35
7.64% % Gujarat SDL ISD Corp. Ltd. CRISIL - AAA 0.76
170124 Mat 170134 Sovereign 0.31 CRISIL - AA+ 0.69

081134 Sovereign 0.31 Ltd. CRISIL - AAA 0.65

7.44% Telangana SDL ISD The Tata Power Company Ltd. CARE - AA+ 0.65
030424 MAT 030436 Sovereign 0.30 DME Development Ltd CRISIL - AAA 0.62
REC Limited. CRISIL - AAA / ICRA - AAA 0.60

order greater than what may ordinarily be expected considering only its duration. Hence investors are recommended to consider the unadjusted portfolio maturity of the scheme as well and exercise adequate
due diligence when deciding to make their investments.

....Contd on next page

August 2024 49
 .....Contd from previous page

HDFC Hybrid Equity Fund CATEGORY OF SCHEME

(An open ended hybrid scheme investing predominantly in equity and
equity related instruments)
PORTFOLIO

Portfolio Company Industry+ / Rating % to Company Industry+ / Rating % to

NAV NAV
CRISIL - AAA 0.59 MUTUAL FUND UNITS
Asset Class (%) 1.46
of Tata Motors Ltd.) CRISIL - AA+ 0.48 Sub Total 1.46
Cholamandalam Investment Cash,Cash Equivalents and Net Current Assets 2.34
ICRA - AA+ 0.41 Grand Total 100.00
Mahanagar Telephone Nigam
Ltd. (Corporate guarantee • Top Ten Holdings, £ Sponsor
Equity 68.21 from Govt of India) CARE - AAA(CE) 0.41 `
0.22 State Bank of India ICRA - AAA 0.29
0.70
G-Sec, SDL 7.82 Development Corporation Ltd. CARE - AAA 0.20
Kotak Mahindra Prime Ltd. CRISIL - AAA 0.20
Credit Exposure 19.25 Nuclear Power Corporation of Mr. Dhruv Muchhal (since June 22, 2023)
1.46 India Ltd. ICRA - AAA 0.10 (Total Experience: Over 10 years).
Cash, Cash Equivalents and Net Current Assets 2.34 Sub Total 18.69
Total 26.51 Page no. 101 to 103.
UNITS ISSUED BY REIT & INVIT
Units issued by InvIT
POWERGRID Infrastructure no. 104.
Investment Trust Power 0.22
Sub Total 0.22
Units issued by ReIT
Realty 0.70
Portfolio Sub Total 0.70
Total 0.92
Rating Class (%)

SIP PERFORMANCE ^ - Regular Plan - Growth Option

Equity 68.21 Since Inception 15 year 10 year 5 year 3 year 1 year
SIP SIP SIP SIP SIP SIP
Sovereign 7.82
0.22 Total Amount Invested (` in Lacs) 28.80 18.00 12.00 6.00 3.60 1.20
0.70 Mkt Value As on August 30, 2024 (` in Lacs) 280.11 61.00 25.73 9.72 4.75 1.36
16.46 Returns (%) 16.03 14.88 14.59 19.40 18.92 25.90
AA+ 2.23 Benchmark Returns (%) # N.A. 12.62 13.55 16.35 16.67 25.06
Compulsorily Convertible Debentures 0.56 Additional Benchmark Returns (%) ## 15.48 14.68 16.34 21.52 21.70 34.34
Cash, Cash Equivalents and Net Current Assets 3.80 Assuming `
investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.

PERFORMANCE ^ - Regular Plan - Growth Option

Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme (`) Benchmark Additional
Date Period (%) (%)# Returns
(%) ## (`)# Benchmark
(`)##
Aug 31, 23 Last 1 Year 24.10 23.72 32.64 12,410 12,372 13,264
Aug 31, 21 Last 3 Years 14.83 11.98 15.17 15,141 14,042 15,274
Aug 30, 19 Last 5 Years 17.47 15.42 19.37 22,389 20,496 24,262
Aug 28, 14 Last 10 Years 13.46 11.98 13.59 35,412 31,063 35,825
Sep 11, 00 Since Inception 15.74 NA 14.17 332,826 NA 240,079
Returns greater than 1 year period are compounded annualized (CAGR). N.A. Not Available. Scheme performance may not strictly be
comparable with that of its Additional Benchmark in view of hybrid nature of the scheme where a portion of scheme’s investments are made

^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into
consideration for computation of performance.

Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer

Benchmark (This product is suitable for (Current risk as per latest month
investors who are seeking ~) end portfolio)

HDFC Hybrid • To generate long-term capital

rate Moderately
Equity Fund appreciation / income. o Mode High Modera
w t erate Hi oderate High tely
• Investments predominantly o M
w t erate Hi
Mo Lo

gh
d

Mo Lo

BENCHMARK :
gh
d
Very

instruments. The Scheme will also

High
Low

Very
High
Low

Composite Debt invest in debt and money market

RISKOMETER
65:35 Index instruments. RISKOMETER
Investors understand that their principal will be at
very high risk Investors understand that their principal will be at
high risk

Scheme and Benchmark Riskometer As on August 31, 2024

50 August 2024
 HDFC Multi-Asset Fund CATEGORY OF SCHEME
(An open ended scheme investing in Equity and Equity related instruments,
Debt & Money Market Instruments and Gold related instruments)
(The Scheme underwent Change in Fundamental Attributes i.e. change in Asset Allocation Pattern w.e.f. March 14, 2019).
KEY FACTS
INVESTMENT OBJECTIVE :
market instruments and Gold related instruments. There is no assurance that the investment objective of the Scheme will be achieved.

FUND MANAGER ¥
Srinivasan Ramamurthy PORTFOLIO
(Equity Assets) (since January 13, 2022)
Total Experience: Over 17 years Company Industry+ / % to NAV % exposure Company Industry+ / % to NAV % exposure
Rating (Hedged & of Derivative Rating (Hedged & of Derivative
Anil Bamboli EQUITY & EQUITY RELATED
Unhedged) Unhedged)
0.26 0.26
(Debt Assets) (since August 17, 2005) Biocon Ltd. Pharmaceuticals
Total Experience: Over 30 years • Banks 5.53 1.83
• Axis Bank Ltd. Banks 4.64 3.16 0.26 0.26
• ICICI Bank Ltd. Pharmaceuticals
Bhagyesh Kagalkar •
Banks
Automobiles
4.43
3.27
1.29
2.57
0.23 0.00
• Beverages 3.06 2.23 Company Ltd Capital Markets 0.23 0.00
• Infosys Limited IT - Software 2.09 0.27 Pharmaceuticals
02, 2022) • State Bank of India Banks 2.07 0.57 India Limited 0.13 0.00
Total Experience: Over 30 years • Bharti Airtel Ltd. Telecom -
Services 2.03 0.00 Limited Insurance 0.07 0.07
• Maruti Suzuki India Limited Automobiles 1.72 0.67
Arun Agarwal 1.63 1.64
Ambuja Cements Ltd.
Cement Products 0.02 0.02
(Arbitrage Assets) (since August 24, 2020) Larsen and Toubro Ltd. Construction 1.44 0.40 Sub Total 66.14 0.00
Total Experience: Over 25 years Tata Motors Ltd. Automobiles 1.33 0.76 DEBT & DEBT RELATED
Tata Consultancy Services Ltd. IT - Software 1.29 0.00 Government Securities (Central/State)
Reliance Industries Ltd. Petroleum • 7.18 GOI 2033
Nirman Morakhia Products 1.28 0.00 7.1 GOI 2029
Sovereign
Sovereign
1.99
1.01
0.00
0.00
ITC Ltd. 1.14 0.00 7.27 GOI 2026 Sovereign 0.71 0.00
Total Experience: Over 16 years Kotak Mahindra Bank Limited Banks 1.14 0.00 GOI STRIPS - Mat 190328 Sovereign 0.56 0.00
HCL Technologies Ltd. IT - Software 1.09 0.00 GOI STRIPS - Mat 171227 Sovereign 0.45 0.00
NTPC Limited Power 1.06 0.00 7.65% Chhattisgarh SDL Mat
DATE OF ALLOTMENT / INCEPTION DATE Titan Company Ltd. Consumer 310133 Sovereign 0.44 0.00
Durables 0.98 0.99 7.1 GOI 2034 Sovereign 0.43 0.00
August 17, 2005 Cipla Ltd. Pharmaceuticals
0.94 0.00
7.17 GOI 2030 Sovereign 0.43 0.00
7.38 GOI 2027 Sovereign 0.43 0.00
Bajaj Auto Limited Automobiles 0.93 0.00 GOI 2034 Sovereign 0.43 0.00
Sun Pharmaceutical Industries Pharmaceuticals 7.06 GOI 2028 Sovereign 0.29 0.00
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) Ltd. 0.85 0.02 6.54 GOI 2032 Sovereign 0.14 0.00
Tech Mahindra Ltd. IT - Software 0.85 0.85 5.63 GOI 2026 Sovereign 0.07 0.00
Regular Plan - Growth Option 67.905 SBI Life Insurance Company
Regular Plan - IDCW Option 17.623 7.18 GOI 2037 Sovereign 0.06 0.00
Ltd. Insurance 0.79 0.00 Sub Total 7.44 0.00
Direct Plan - Growth Option 75.024 ICICI Lombard General Credit Exposure (Non Perpetual)
Direct Plan - IDCW Option 21.267 Insurance Co Insurance 0.73 0.00
Bharat Petroleum Corporation Petroleum CRISIL - AAA 1.12 0.00
Ltd. Products 0.71 0.00 CRISIL - AAA 0.99 0.00
ASSETS UNDER MANAGEMENT Godrej Consumer Products Ltd. Personal
Products 0.70 0.07 Ltd CARE - AAA 0.71 0.00
As on August 31, 2024 Cholamandalam Investment
Dr Reddys Laboratories Ltd. Pharmaceuticals
` 3,524.55 Cr. 0.67 0.00 ICRA - AA+ 0.57 0.00
Hindustan Aeronautics Limited Bharti Telecom Limited CRISIL - AA+ 0.43 0.00
Average for Month of August 2024 CRISIL - AAA 0.43 0.00
Defense 0.66 0.00
` 3,401.66 Cr. Small Industries Development
Ltd. Oil 0.66 0.00 Bank CRISIL - AAA 0.43 0.00
QUANTITATIVE DATA Hindalco Industries Ltd. CRISIL - AAA 0.42 0.00
Risk Ratio Metals 0.64 0.14
Lupin Ltd. Pharmaceuticals Rural Dev. ICRA - AAA 0.29 0.00
Standard Deviation 6.176% 0.64 0.00 Pipeline Infrastructure Pvt. Ltd. CRISIL - AAA 0.17 0.00
Beta 0.698 Banks 0.63 0.00 Bank of Baroda CRISIL - AAA 0.14 0.00
Sharpe Ratio* 0.968 Power Grid Corporation of
Computed for the 3-yr period ended August 31, India Ltd. Power 0.63 0.00 Ltd. CRISIL - AAA 0.14 0.00
Indusind Bank Ltd. Banks 0.61 0.00 REC Limited. CRISIL - AAA 0.14 0.00
2024. Based on month-end NAV. Whirlpool of India Ltd. Consumer Sub Total 5.98 0.00
* Durables 0.56 0.00 Total 13.42 0.00
Suprajit Engineering Ltd. Auto UNITS ISSUED BY REIT & INVIT
data is computed since inception. Components 0.52 0.00 Units issued by InvIT
Balrampur Chini Mills Ltd. Agricultural POWERGRID Infrastructure
Portfolio Turnover Investment Trust Power 0.11 0.00
Equity Turnover 19.94% Products 0.51 0.00 Sub Total 0.11 0.00
Total Turnover 226.38% Greenply Industries Ltd. Consumer Units issued by ReIT
Total Turnover = Equity + Debt + Derivative Durables 0.51 0.00 Realty 1.37 0.00
Ipca Laboratories Ltd. Pharmaceuticals
Residual Maturity * 3.13 years 0.51 0.00 Realty 0.76 0.00
Macaulay Duration * 2.39 years Torrent Pharmaceuticals Ltd. Pharmaceuticals Nexus Select Trust REIT Realty 0.27 0.00
0.51 0.00 Sub Total 2.40 0.00
Annualized Portfolio YTM# * 7.18% Asian Paints Limited Consumer Total 2.51 0.00
Durables 0.50 0.50 MUTUAL FUND UNITS
#
semi annual YTM has been annualised. CIE Automotive India Ltd Auto
*Calculated on amount invested in debt securities Components 0.50 0.00 HDFC Gold Exchange Traded Fund
(including accrued interest), deployment of funds Wipro Ltd. IT - Software 0.46 0.00 10.75 0.00
Sub Total 10.75 0.00
in TREPS and Reverse Repo and net receivable Cash Margin
/ payable. 0.45 0.00 3.71 3.47
Star Health and Allied Cash,Cash Equivalents and Net Current Assets 7.18 19.35
Insurance Company Ltd Insurance 0.45 0.00 Grand Total 100.00 0.00
Transport
TOTAL EXPENSE RATIO (As on August 31, 2024) Economic Zone Infrastructure 0.43 0.43 •
Including Additional Expenses and Goods and Service Apollo Hospitals Enterprise Ltd. Healthcare
Services 0.43 0.00 Outstanding exposure in
Eicher Motors Ltd. Automobiles 0.42 0.00
Regular: 1.93% Direct: 0.76% Gland Pharma Ltd. Pharmaceuticals derivative instruments (` in Crore) 681.84
0.42 0.00
Paradeep Phosphates Limited Hedged position in Equity & Equity related instruments
Agrochemicals 0.40 0.00
#BENCHMARK INDEX: Bayer Cropscience Ltd Outstanding derivative exposure (% age) 19.35
65% Nifty 50 TRI + 25% Nifty Composite Debt Agrochemicals 0.38 0.00
Great Eastern Shipping Transport `
Index + 10% Price of Domestic Gold Company Ltd. Services 0.38 0.00
Rolex Rings Limited Auto
Components 0.38 0.00
##ADDL. BENCHMARK INDEX: Delhivery Limited Transport
Services 0.37 0.00
Sonata Software Ltd. IT - Software 0.36 0.00
JSW Steel Ltd. 0.35 0.35 no. 104.
Tata Steel Ltd. 0.35 0.00
NET EQUITY EXPOSURE: Transport Corporation of Transport
India Ltd. Services 0.35 0.00
46.79% Bharat Electronics Ltd.
Defense 0.34 0.00
Gateway Distriparks Limited Transport
Services 0.34 0.00
Mr. Dhruv Muchhal (since June 22, 2023)
(Total Experience: Over 10 years). Ltd. IT - Software 0.31 0.00
G R Infraprojects Limited Construction 0.30 0.00
Chemplast Sanmar Limited
Petrochemicals 0.29 0.00
on Page no. 101 to 103.
....Contd on next page

August 2024 51
 .....Contd from previous page

HDFC Multi-Asset Fund CATEGORY OF SCHEME

(An open ended scheme investing in equity and equity related instruments,
debt & money market instruments and gold related instruments)

EXIT LOAD$$ :
the units (“the limit”) may be redeemed without any
Exit Load from the date of allotment.
• Any redemption in excess of the above limit shall be
subject to the following exit load: Portfolio
• Exit Load of 1.00% is payable if units are redeemed Portfolio
/ switched out within 12 months from the date of
allotment. Asset Class (%)
• No Exit Load is payable if units are redeemed / Rating Class (%)
switched out after 12 months from the date of
allotment.

Equity 66.14 Equity 66.14

Industry Allocation of Equity Holding 0.11 Sovereign 7.44
(% of Net Assets) 2.40 0.11
G-Sec, G-Sec STRIPS, SDL 7.44 2.40
Credit Exposure 5.98 4.98
Banks 19.05
10.75 AA+ 1.00
Automobiles 7.67 Cash, Cash Equivalents and Net Current Assets 17.93
Cash, Cash Equivalents and Net Current Assets 7.18
IT - Software 6.45
Pharmaceuticals & Biotechnology 5.16 Cash and Cash Equivalents include overnight deployment of Cash in Tri-Party Repos
Beverages 3.06
Diversified Fmcg 2.77
Consumer Durables 2.55
Realty 2.40 SIP PERFORMANCE ^ - Regular Plan - Growth Option
Insurance 2.04 Since Inception 15 year 10 year 5 year 3 year 1 year
Telecom - Services 2.03 SIP SIP SIP SIP SIP SIP
Petroleum Products 1.99 Total Amount Invested (` in Lacs) 22.90 18.00 12.00 6.00 3.60 1.20
Power 1.80 Mkt Value As on August 30, 2024 (` in Lacs) 76.48 47.29 23.88 9.31 4.71 1.36
Construction 1.74 Returns (%) 11.40 11.92 13.20 17.62 18.25 26.34
Transport Services 1.44 Benchmark Returns (%) # N.A. N.A. 14.12 17.17 17.84 27.13
Auto Components 1.40 Additional Benchmark Returns (%) ## 13.91 14.68 16.34 21.52 21.70 34.34
Aerospace & Defense 1.00 Assuming `
Fertilizers & Agrochemicals 0.78
investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
Finance 0.71
Personal Products 0.70 PERFORMANCE ^ - Regular Plan - Growth Option
Ferrous Metals 0.70
Scheme Benchmark Additional Value of ` 10,000 invested
Oil 0.66 Returns Returns Benchmark
Date Period (%) (%)# Returns Scheme (`) Benchmark Additional
Non - Ferrous Metals 0.64 (`)# Benchmark
Agricultural Food & Other Products 0.51 (%) ## (`)##
Transport Infrastructure 0.43 Aug 31, 23 Last 1 Year 25.40 25.26 32.64 12,540 12,526 13,264
Healthcare Services 0.43 Aug 31, 21 Last 3 Years 13.35 13.08 15.17 14,562 14,460 15,274
Chemicals & Petrochemicals 0.29 Aug 30, 19 Last 5 Years 16.81 16.01 19.37 21,767 21,032 24,262
Capital Markets 0.23 Aug 28, 14 Last 10 Years 11.21 12.24 13.59 28,978 31,777 35,825
Cement & Cement Products 0.02 Aug 17, 05 Since Inception 10.58 NA 14.54 67,905 NA 132,716
0 5 10 15 20 Returns greater than 1 year period are compounded annualized (CAGR). N.A. Not Available. The Scheme formerly, a debt oriented hybrid fund,

related instruments. Accordingly, the Scheme’s benchmark has also changed. Hence, the performance of the Scheme from inception till May
22, 2018 may not strictly be comparable with those of the new benchmark and the additional benchmark. Scheme performance may not
strictly be comparable with that of its Additional Benchmark in view of hybrid nature of the scheme where a portion of scheme’s investments
Anil Bamboli, Bhagyesh Kagalkar, Arun Agarwal and Nirman Morakhia

^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into
consideration for computation of performance.

Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer

Benchmark (This product is suitable for (Current risk as per latest month
investors who are seeking ~) end portfolio)

HDFC Multi- • To generate long-term capital

rate Moderately
Asset Fund appreciation/income
o Mode High Modera
w t erate Hi oderate High tely
o M
w t erate Hi
Mo Lo

BENCHMARK :
gh
d

Mo Lo

gh
d
Very
High
Low

money market instruments and

Very
High
Low

Composite Debt Gold related instruments RISKOMETER

Index + 10% Investors understand that their principal will be at RISKOMETER
Domestic Prices high risk Investors understand that their principal will be at
of Gold high risk

Scheme and Benchmark Riskometer As on August 31, 2024

greater than what may ordinarily be expected considering only its duration. Hence investors are recommended to consider the unadjusted
portfolio maturity of the scheme as well and exercise adequate due diligence when deciding to make their investments.

52 August 2024
HDFC Asset Allocator Fund Of Funds CATEGORY OF SCHEME
(An open ended Fund of Funds scheme investing in equity oriented, debt
oriented and gold ETFs schemes)

INVESTMENT OBJECTIVE : There is no assurance

that the investment objective of the Scheme will be achieved.

FUND MANAGER PORTFOLIO

Srinivasan Ramamurthy
(Equities) (since January 13, 2022) Issuer % to
Total Experience: Over 17 years; NAV
MUTUAL FUND UNITS
Bhagyesh Kagalkar Mutual Fund Units - Equity
• 17.83
Total Experience: Over 30 years • 16.99
• 4.04
Anil Bamboli • 3.93
(Debt) (since May 05, 2021) 1.41
Total Experience: Over 30 years 1.38
1.03
Sub Total 46.61
DATE OF ALLOTMENT / INCEPTION DATE Mutual Fund Units - Debt
May 05, 2021 • 14.44
• 5.90
• 5.62
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) • 4.28
Regular Plan - Growth Option 17.02 • 3.15
Regular Plan - IDCW Option 17.02 2.53
Direct Plan - Growth Option 17.72
Direct Plan - IDCW Option 17.72 Sub Total 35.92
Mutual Fund Units - Gold
• 13.04
ASSETS UNDER MANAGEMENT Sub Total 13.04
As on August 31, 2024 Mutual Fund Units
` 3,243.96 Cr. 1.01
Average for Month of August 2024 Sub Total 1.01
` 3,178.06 Cr. Total 96.58
Cash,Cash Equivalents and Net Current Assets 3.42
TOTAL EXPENSE RATIO (As on August 31, 2024) Grand Total 100.00
Including Additional Expenses and Goods and Service • Top Ten Holdings

Regular: 1.15% Direct: 0.06% `

Investors in the Scheme shall bear the recurring expenses of
the Scheme in addition to the expenses of other schemes in

regulatory limits).

#BENCHMARK INDEX: SIP PERFORMANCE ^ - Regular Plan - Growth Option

90% Nifty 50 Hybrid Composite Debt 65:35 Since Inception 3 year 1 year
Index (Total Returns Index) and 10% Domestic SIP SIP SIP
Prices of Gold arrived at based on London Total Amount Invested (` in Lacs) 4.00 3.60 1.20
Bullion Market Association's (Lbma) Am Mkt Value As on August 30, 2024 (` in Lacs) 5.45 4.80 1.36
Returns (%) 18.96 19.68 25.00
##ADDL. BENCHMARK INDEX: Benchmark Returns (%) # 16.17 16.77 24.37
Additional Benchmark Returns (%) ## 20.90 21.70 34.34
Assuming `
EXIT LOAD$$ : simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
the units (“the limit”) may be redeemed without any
Exit Load from the date of allotment.
• Any redemption in excess of the above limit shall be PERFORMANCE ^ - Regular Plan - Growth Option
subject to the following exit load: Scheme Benchmark Additional Value of ` 10,000 invested
• Exit Load of 1.00% is payable if units are redeemed Returns Returns Benchmark
/ switched out within 12 months from the date of Date Period (%) (%)# Returns Scheme (`) Benchmark Additional
allotment. (%) ## (`)# Benchmark
• No Exit Load is payable if units are redeemed / (`)##
switched out after 12 months from the date of Aug 31, 23 Last 1 Year 25.06 23.60 32.64 12,506 12,360 13,264
allotment.
Aug 31, 21 Last 3 Years 15.70 12.41 15.17 15,487 14,205 15,274
May 05, 21 Since Inception 17.35 14.69 19.38 17,020 15,769 18,017

The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular

^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into consideration
for computation of performance.

August 2024 53
 HDFC Asset Allocator Fund Of Funds CATEGORY OF SCHEME
(An open ended Fund of Funds scheme investing in equity oriented, debt
oriented and gold ETFs schemes)

Portfolio

Asset Class (%)

96.58
Cash, Cash Equivalents and Net Current Assets 3.42

Fund Name & Benchmark Product Labelling Scheme Riskometer Benchmark Riskometer
(This product is suitable (Current risk as per latest month
for investors who are end portfolio)
seeking ~)

HDFC Asset Allocator • Capital appreciation

Fund Of Funds over long term
rate Moderately
• Investment
o Mode High Modera
predominantly in w t erate Hi oderate High tely
BENCHMARK : 90% Nifty o M
w t erate Hi
Mo Lo

gh

equity oriented, debt

d

50 Hybrid Composite Debt Mo Lo

gh
d
65:35 Index (Total Returns
Very
High
Low

schemes

Very
Index) and 10% Domestic

High
Low

Prices of Gold arrived at RISKOMETER

Investors understand that their principal will be at RISKOMETER
based on London Bullion high risk Investors understand that their principal will be at
Market Association's (Lbma) high risk

Scheme and Benchmark Riskometer As on August 31, 2024

54 August 2024
HDFC Dynamic PE Ratio Fund of Funds CATEGORY OF SCHEME
(An open ended Fund of Fund scheme investing in equity and debt schemes
of HDFC Mutual Fund)

INVESTMENT OBJECTIVE :
There is no assurance that the investment objective of the Scheme will be achieved.

FUND MANAGER
PORTFOLIO
Srinivasan Ramamurthy
(Equities) (since Jan 13, 2022) Issuer % to
Total Experience: Over 17 years; NAV
Anil Bamboli MUTUAL FUND UNITS
(Debt) (since Jun 28, 2014) Mutual Fund Units - Equity
Total Experience: Over 30 years • 18.11
• 14.92
• 14.41
DATE OF ALLOTMENT / INCEPTION DATE Sub Total 47.44
Mutual Fund Units - Debt
• 11.88
• 11.25
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) • 11.13
Regular Plan - Growth Option 39.5680 • 7.18
Regular Plan - Quarterly IDCW Option 34.6724 • 6.86
Direct Plan - Growth Option 43.3910 • 1.30
Direct Plan - Quarterly IDCW Option 38.1115 Sub Total 49.60
Total 97.04
ASSETS UNDER MANAGEMENT Cash,Cash Equivalents and Net Current Assets 2.96
As on August 31, 2024 Grand Total 100.00
` 48.54 Cr. • Top Ten Holdings
Average for Month of August 2024
` 47.86 Cr. `

TOTAL EXPENSE RATIO (As on August 31, 2024)

Including Additional Expenses and Goods and Service

Regular: 1.00% Direct: 0.23%

Investors in the Scheme shall bear the recurring expenses of
the Scheme in addition to the expenses of other schemes in SIP PERFORMANCE ^ - Regular Plan - Growth Option
Since Inception 10 year 5 year 3 year 1 year
regulatory limits). SIP SIP SIP SIP SIP
Total Amount Invested (` in Lacs) 15.10 12.00 6.00 3.60 1.20
#BENCHMARK INDEX: Mkt Value As on August 30, 2024 (` in Lacs) 35.95 24.80 9.57 4.80 1.34
Returns (%) 12.95 13.91 18.77 19.57 22.84
(Total Returns Index) Benchmark Returns (%) # 13.23 13.55 16.35 16.67 25.06
Additional Benchmark Returns (%) ## 15.70 16.34 21.52 21.70 34.34
##ADDL. BENCHMARK INDEX: Assuming `
simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
EXIT LOAD$$ :
• In respect of each purchase / switch-in of units, an PERFORMANCE ^ - Regular Plan - Growth Option
switched-out within 1 year from the date of allotment.
Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme (`) Benchmark Additional
Date Period (%) (%)# Returns
switched-out after 1 year from the date of allotment. (%) ## (`)# Benchmark
No Entry / Exit Load shall be levied on units allotted on (`)##
reinvestment of IDCW. Aug 31, 23 Last 1 Year 22.25 23.72 32.64 12,225 12,372 13,264
Aug 31, 21 Last 3 Years 15.45 11.98 15.17 15,388 14,042 15,274
Aug 30, 19 Last 5 Years 16.81 15.42 19.37 21,764 20,496 24,262
Aug 28, 14 Last 10 Years 12.25 11.98 13.59 31,799 31,063 35,825
Since Inception 11.56 12.54 14.53 39,568 44,145 55,031
Portfolio

Asset Class (%) of Direct Plan, refer page 109 to 115.

^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into consideration
for computation of performance.

Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer

97.04 Benchmark (This product is suitable for (Current risk as per latest month
Cash, Cash Equivalents and Net Current Assets 2.96 investors who are seeking ~) end portfolio)

HDFC Dynamic • Capital appreciation over long Modera

term. oderate High tely
PE Ratio Fund o M rate Moderately
w t erate Hi Mode High
o
of Funds w t erate Hi
Mo Lo

gh
d

Mo Lo

gh
d
Very
High
Low

BENCHMARK :
Very
High
Low

RISKOMETER
Composite Debt Investors understand that their principal will be at RISKOMETER
65:35 Index high risk Investors understand that their principal will be at
high risk

Scheme and Benchmark Riskometer As on August 31, 2024

August 2024 55
 HDFC Equity Savings Fund CATEGORY OF SCHEME

(An open ended scheme investing in equity, arbitrage and debt)

INVESTMENT OBJECTIVE :
There is no assurance that the investment objective of the Scheme will be achieved.

FUND MANAGER ¥
PORTFOLIO
Srinivasan Ramamurthy
(Equity Assets) (since December 14, 2021)
Total Experience: Over 17 years Company Industry+ / % to NAV % exposure Company Industry+ / % to NAV % exposure
Rating (Hedged & of Derivative Rating (Hedged & of Derivative
Anil Bamboli Unhedged) Unhedged)
(Debt Assets) (since September 17, 2004) EQUITY & EQUITY RELATED
Total Experience: Over 30 years • Banks 8.08 5.51 Sub Total 65.83 0.00
• ICICI Bank Ltd. Banks 4.28 1.86 DEBT & DEBT RELATED
Arun Agarwal • Beverages 4.06 3.42 Government Securities (Central/State)
• 7.18 GOI 2033 Sovereign 2.64 0.00
(Arbitrage Assets) (since August 24, 2020) • Titan Company Ltd. Consumer Durables 2.89 2.91
• Axis Bank Ltd. Banks 2.62 1.58 • 7.1 GOI 2029 Sovereign 2.20 0.00
Total Experience: Over 25 years 7.17 GOI 2030 Sovereign 1.21 0.00
• State Bank of India Banks 2.55 0.78
Nirman Morakhia • Transport 7.38 GOI 2027 Sovereign 1.06 0.00
Economic Zone Infrastructure 2.44 2.45 GOI STRIPS - Mat 190327 Sovereign 0.87 0.00
• Larsen and Toubro Ltd. Construction 2.27 1.47 7.1 GOI 2034 Sovereign 0.60 0.00
Total Experience: Over 16 years Ashok Leyland Ltd Agricultural, 7.65% Chhattisgarh SDL Mat
310133 Sovereign 0.41 0.00
Construction Vehicles 2.05 2.04 GOI STRIPS - Mat 190928 Sovereign 0.38 0.00
DATE OF ALLOTMENT / INCEPTION DATE Infosys Limited IT - Software 1.85 0.31 GOI STRIPS - Mat 220228 Sovereign 0.26 0.00
September 17, 2004 Tata Motors Ltd. Automobiles 1.70 1.30 7.06 GOI 2028
7.18 GOI 2037
Sovereign
Sovereign
0.20
0.16
0.00
0.00
Maruti Suzuki India Limited Automobiles 1.59 0.86
Bharti Airtel Ltd. Telecom - Services 1.54 0.12 5.63 GOI 2026 Sovereign 0.15 0.00
ITC Ltd. 1.31 0.52 6.54 GOI 2032 Sovereign 0.10 0.00
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) JSW Steel Ltd. 1.26 1.27 7.26 GOI 2033 Sovereign 0.10 0.00
Regular Plan - Growth Option 64.020 Automobiles 1.18 1.19 GOI 2028 Sovereign 0.10 0.00
Regular Plan - IDCW Option 13.406 Reliance Industries Ltd. Petroleum Products 1.14 0.00 Sub Total 10.44 0.00
Direct Plan - Growth Option 71.054 Tata Steel Ltd. 1.13 0.84 Credit Exposure (Non Perpetual)
Direct Plan - IDCW Option 15.692 1.12 1.13 Bharti Telecom Limited CRISIL - AA+ 1.29 0.00
Sun Pharmaceutical Industries CRISIL - AAA / ICRA
Ltd. Biotechnology 1.10 0.38 Rural Dev. - AAA 1.10 0.00
ASSETS UNDER MANAGEMENT 1.09 1.09 Indus Towers Limited CRISIL - AA+ 0.99 0.00
As on August 31, 2024 The Tata Power Company Ltd. Power 1.09 1.10 CRISIL - AAA 0.99 0.00
` 5,051.75 Cr. NTPC Limited Power 1.06 0.07
Ltd. CRISIL - AAA 0.99 0.00
Average for Month of August 2024 HCL Technologies Ltd. IT - Software 0.97 0.00
Kotak Mahindra Bank Limited Banks 0.83 0.04
` 4,942.29 Cr. Cipla Ltd. Ltd CARE - AAA 0.99 0.00
Biotechnology 0.68 0.00 CRISIL - AAA 0.97 0.00
QUANTITATIVE DATA Lupin Ltd. Small Industries Development CARE - AAA / CRISIL
Risk Ratio Biotechnology 0.67 0.00 Bank - AAA 0.90 0.00
Standard Deviation 4.740% Bajaj Auto Limited Automobiles 0.65 0.00 ONGC Petro additions Ltd.
Beta 1.007 (OPAL) (Put on ONGC Ltd.) CRISIL - AA 0.79 0.00
Sharpe Ratio* 0.775 Limited Insurance 0.63 0.63 Cholamandalam Investment
Computed for the 3-yr period ended August 31, Power Grid Corporation of ICRA - AA+ 0.70 0.00
2024. Based on month-end NAV. India Ltd. Power 0.62 0.00 CRISIL - AAA 0.69 0.00
* Hindalco Industries Ltd. 0.59 0.28 CRISIL - AA+ 0.60 0.00
Gujarat Pipavav Port Ltd. Transport Pipeline Infrastructure Pvt. Ltd. CRISIL - AAA 0.60 0.00
Infrastructure 0.58 0.00 CRISIL - AAA 0.49 0.00
data is computed since inception. Apollo Hospitals Enterprise CRISIL - AAA 0.49 0.00
Portfolio Turnover Ltd. Healthcare Services 0.54 0.24 REC Limited. CRISIL - AAA 0.27 0.00
Equity Turnover 18.81% Aurobindo Pharma Ltd. Bank of Baroda CRISIL - AAA 0.10 0.00
Total Turnover 432.20% Biotechnology 0.53 0.00
Kalpataru Projects Tata Capital Ltd. CRISIL - AAA 0.10 0.00
Total Turnover = Equity + Debt + Derivative Sub Total 13.05 0.00
International Ltd Construction 0.53 0.00
Residual Maturity * 3.13 years Coal India Ltd. 0.52 0.00 Total 23.49 0.00
Macaulay Duration * 2.56 years Hindustan Aeronautics Limited 0.46 0.00 UNITS ISSUED BY REIT & INVIT
Insurance 0.43 0.00 Units issued by InvIT
Annualized Portfolio YTM# * 7.30% POWERGRID Infrastructure
#
semi annual YTM has been annualised. Ltd. Oil 0.43 0.00 Investment Trust Power 0.68 0.00
*Calculated on amount invested in debt securities Sub Total 0.68 0.00
(including accrued interest), deployment of funds Bharat Petroleum Corporation
Ltd. Petroleum Products 0.42 0.00 Units issued by ReIT
in TREPS and Reverse Repo and net receivable Realty 0.92 0.00
/ payable. Biocon Ltd.
Biotechnology 0.42 0.43
Ambuja Cements Ltd. Realty 0.68 0.00
TOTAL EXPENSE RATIO (As on August 31, 2024) Products 0.37 0.37 Sub Total 1.60 0.00
Including Additional Expenses and Goods and Service Hindustan Petroleum Total 2.28 0.00
Corp. Ltd. Petroleum Products 0.37 0.00 Cash Margin 7.74 0.00
Greenply Industries Ltd. Consumer Durables 0.36 0.00 Cash,Cash Equivalents and Net Current Assets 0.66 0.00
Regular: 1.91% Direct: 0.93% CIE Automotive India Ltd Auto Components 0.35 0.00 Grand Total 100.00 34.21
Indusind Bank Ltd. Banks 0.34 0.00
Ipca Laboratories Ltd.
#BENCHMARK INDEX: Biotechnology 0.33 0.00
Wipro Ltd. IT - Software 0.32 0.00
Outstanding exposure in derivative
0.31 0.00 instruments (` in Crore) 1,728.72
##ADDL. BENCHMARK INDEX: Star Health and Allied
CRISIL 10 year Gilt Index Insurance Company Ltd Insurance 0.31 0.00 Hedged position in Equity & Equity related instruments
Symphony Ltd. Consumer Durables 0.31 0.00
BEML Limited Agricultural, Outstanding derivative exposure (% age) 34.22
NET EQUITY EXPOSURE:
Construction Vehicles 0.30 0.00 `
31.62% Suprajit Engineering Ltd. Auto Components 0.26 0.00
Bayer Cropscience Ltd
Agrochemicals 0.25 0.00 Commercial Papers. Data is as of August 31, 2024 unless
EXIT LOAD$$ : Gland Pharma Ltd.
Biotechnology 0.25 0.00
15% of the units may be redeemed without any exit Ola Electric Mobility Limited Automobiles 0.25 0.00
load from the date of allotment. However, please Paradeep Phosphates Limited Mr. Dhruv Muchhal (since June 22, 2023)
Agrochemicals 0.25 0.00 (Total Experience: Over 10 years).
Ashoka Buildcon Ltd. Construction 0.23 0.00
• Any redemption in excess of the above limit shall be Goodyear India Ltd. Auto Components 0.23 0.00
subject to the following exit load: PVR LIMITED Entertainment 0.21 0.00 Page no. 101 to 103.
/ switched out within 1 month from the date of Chemplast Sanmar Limited
allotment of units. Petrochemicals 0.17 0.00
SBI CARDS AND PAYMENT no. 104.
/ switched out after 1 month from the date of SERVICES LIMITED 0.14 0.00
allotment. Tata Consumer Products
Limited Other Products 0.02 0.02
....Contd on next page

56 August 2024
 .....Contd from previous page

HDFC Equity Savings Fund CATEGORY OF SCHEME

(An open ended scheme investing in equity, arbitrage and debt)

Industry Allocation of Equity Holding

(% of Net Assets)
Banks Portfolio Portfolio
18.70
Automobiles 5.37
Beverages Rating Class (%) Asset Class (%)
4.06
Pharmaceuticals & Biotechnology 3.98
Consumer Durables 3.56
IT - Software 3.14 Equity 65.83 Equity 65.83
Construction 3.03 Sovereign 10.44 0.68
Transport Infrastructure 3.02 0.68 1.60
Power 2.77 1.60 G-Sec, G-Sec STRIPS, SDL 10.44
Diversified Fmcg 8.68 Credit Exposure 13.05
2.43
AA+ 3.58 Cash, Cash Equivalents and Net Current Assets 8.40
Ferrous Metals 2.39 AA/AA- 0.79
Agricultural, Commercial & Construction Vehicles 2.35 Cash, Cash Equivalents and Net Current Assets 8.40
Petroleum Products 1.93
Telecom - Services 1.54
Finance 1.54 SIP PERFORMANCE ^ - Regular Plan - Growth Option
Insurance 1.37 Since Inception 15 year 10 year 5 year 3 year 1 year
Auto Components 0.84 SIP SIP SIP SIP SIP SIP
Non - Ferrous Metals 0.59 Total Amount Invested (` in Lacs) 24.00 18.00 12.00 6.00 3.60 1.20
Healthcare Services 0.54
Mkt Value As on August 30, 2024 (` in Lacs) 72.87 41.14 21.04 8.43 4.43 1.31
Consumable Fuels 0.52
Returns (%) 10.05 10.28 10.82 13.55 13.92 18.29
Fertilizers & Agrochemicals Benchmark Returns (%) # N.A. 9.83 10.11 11.63 12.21 16.66
0.50
Aerospace & Defense Additional Benchmark Returns (%) ## 6.43 6.48 6.20 5.78 7.55 10.34
0.46
Oil Assuming `
0.43
Cement & Cement Products 0.37 investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of
Entertainment capital. N.A. Not Available.
0.21
Chemicals & Petrochemicals 0.17
Agricultural Food & Other Products
PERFORMANCE ^ - Regular Plan - Growth Option
0.02
Scheme Benchmark Additional Value of ` 10,000 invested
0 5 10 15 20 Returns Returns Benchmark Scheme (`) Benchmark Additional
Date Period^^ (%) (%)# Returns
(%) ## (`)# Benchmark
(`)##
Aug 31, 23 Last 1 Year 18.44 16.28 8.82 11,844 11,628 10,882
Aug 31, 21 Last 3 Years 10.87 9.27 5.05 13,629 13,046 11,592
Aug 30, 19 Last 5 Years 12.08 10.96 5.28 17,694 16,831 12,939
Aug 28, 14 Last 10 Years 9.79 9.32 7.11 25,486 24,412 19,899
Sep 17, 04 Since Inception 9.75 NA 5.98 64,020 NA 31,893

of these changes, the performance during the period(s) from September 17, 2004 to December 15, 2015 is not comparable.
Returns greater than 1 year period are compounded annualized (CAGR). N.A. Not Available. Scheme performance may not strictly be
of other schemes managed by Srinivasan Ramamurthy, Anil Bamboli, Arun Agarwal

^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into
consideration for computation of performance.

greater than what may ordinarily be expected considering only its duration. Hence investors are recommended to consider the unadjusted
portfolio maturity of the scheme as well and exercise adequate due diligence when deciding to make their investments.

Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer

Benchmark (This product is suitable for (Current risk as per latest month
investors who are seeking ~) end portfolio)

HDFC Equity • Capital appreciation while

Savings Fund generating income over medium Modera
oderate High tely
to long term. o M rate Moderately
w t erate Hi Mode High
o
• Provide capital appreciation w t erate Hi
Mo Lo

gh

BENCHMARK
d

Mo Lo

and income distribution to the

gh

:
d
Very
High
Low

Savings Index investors by using equity and

Very
High
Low

equity related instruments, RISKOMETER

arbitrage opportunities, and Investors understand that their principal will be at RISKOMETER
investments in debt and money moderately high risk Investors understand that their principal will be at
market instruments. moderate risk

Scheme and Benchmark Riskometer As on August 31, 2024

August 2024 57
 HDFC Hybrid Debt Fund CATEGORY OF SCHEME
(An open ended hybrid scheme investing predominantly in debt
instruments)
INVESTMENT OBJECTIVEKEY : ToFACTS
generate income / capital appreciation by investing primarily in debt securities, money market instruments and moderate exposure to equities.
There is no assurance that the investment objective of the Scheme will be achieved.

FUND MANAGER ¥ PORTFOLIO

Srinivasan Ramamurthy
(Equities) (since December 14, 2021) Company Industry+ / Rating % to Company Industry+ / Rating % to
Total Experience: Over 17 years NAV NAV
EQUITY & EQUITY RELATED 7.60% Tamil Nadu SDL Mat
Shobhit Mehrotra ICICI Bank Ltd. Banks 2.17 310131 Sovereign 0.12
(Debt) (since September 1, 2007) Banks 1.71 8.10% Tamil Nadu SDL - Mat
Total Experience: Over 31 years State Bank of India Banks 1.22 110325 Sovereign 0.08
Axis Bank Ltd. 8.15 GOI 2026 Sovereign 0.01
Banks 1.15 Sub Total
Infosys Limited IT - Software 1.10 25.59
DATE OF ALLOTMENT / INCEPTION DATE Bharti Airtel Ltd. Credit Exposure (Non Perpetual)
Telecom - Services 1.07
December 26, 2003 Reliance Industries Ltd. Petroleum Products 0.90 •
Tata Consultancy Services Ltd. Corp. Ltd. CRISIL - AAA 5.32
IT - Software 0.90 • CRISIL - AAA 4.52
ITC Ltd. 0.82
Sun Pharmaceutical Industries • CRISIL - AAA 3.15
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) • CRISIL - AAA / ICRA
Regular Plan - Growth Option 79.2093 Ltd. Biotechnology 0.82
Larsen and Toubro Ltd. Construction 0.77 Rural Dev. - AAA 3.15
Regular Plan - Monthly IDCW Option 14.8679 NTPC Limited Power 0.75 • Tata Motors Ltd. CRISIL - AA+ 3.00
Regular Plan - Quarterly IDCW Option 15.7222 Lupin Ltd. • Export - Import Bank of India CRISIL - AAA 2.99
Direct Plan - Growth Option 83.8509 • Sikka Port and Terminal Ltd.
Direct Plan - Monthly IDCW Option 16.3458 Biotechnology 0.67
Cipla Ltd. (erstwhile Reliance Ports and
Direct Plan - Quarterly IDCW Option 17.2811 Biotechnology 0.64 Terminals Ltd.) CRISIL - AAA 2.99
Kotak Mahindra Bank Limited Banks 0.53 • Small Industries Development CARE - AAA / CRISIL
ASSETS UNDER MANAGEMENT Tata Motors Ltd. Automobiles 0.53 Bank - AAA 2.98
As on August 31, 2024 HCL Technologies Ltd. IT - Software 0.52 • CRISIL - AA+ 2.54
` 3,347.90 Cr. Aurobindo Pharma Ltd. • REC Limited. CRISIL - AAA 2.52
Average for Month of August 2024 Biotechnology 0.47
Bharat Petroleum Corporation Development Corporation Ltd. CARE - AAA 1.56
` 3,319.64 Cr. Ltd. Petroleum Products 0.43 National Highways Authority
SBI Life Insurance Company Ltd. Insurance 0.41 of India CRISIL - AAA 1.54
QUANTITATIVE DATA Pipeline Infrastructure Pvt. Ltd. CRISIL - AAA 1.51
Risk Ratio Ltd. Oil 0.40 CRISIL - AAA 1.50
Standard Deviation 3.870% Coal India Ltd. 0.39 TVS Credit Services Ltd ICRA - AA 0.77
Beta 1.109 Hindustan Petroleum Corp. Ltd. Petroleum Products 0.38 Bharti Telecom Limited CRISIL - AA+ 0.75
Sharpe Ratio* 0.953 Petronet LNG Ltd. Gas 0.38
Computed for the 3-yr period ended August 31, Industrial ICRA - AA+ 0.75
2024. Based on month-end NAV. Manufacturing 0.38 Grasim Industries Ltd. CRISIL - AAA 0.75
* Power Grid Corporation of CRISIL - AAA 0.75
India Ltd. Power 0.37 State Bank of India CRISIL - AAA 0.75
data is computed since inception. 0.36
Hindustan Aeronautics Limited 0.35 Co. Ltd. CRISIL - AAA 0.72
Residual Maturity * 7.81 years Automobiles 0.34 CRISIL - AAA 0.71
Macaulay Duration * 4.83 years NHPC Ltd. Power 0.34 The Tata Power Company Ltd. CARE - AA+ 0.56
Industrial Products 0.33 Vajra 006 Trust ICRA - AA(SO) 0.42
Annualized Portfolio YTM# * 7.50% Swaraj Engines Ltd. Industrial Products 0.31 Mahindra Rural Housing
#
semi annual YTM has been annualised. Gateway Distriparks Limited Transport Services 0.30 IND - AA+ 0.30
*Calculated on amount invested in debt securities Great Eastern Shipping Power Grid Corporation of
(including accrued interest), deployment of funds Company Ltd. Transport Services 0.28 India Ltd. CRISIL - AAA 0.15
REC Limited. 0.28 Sub Total 46.65
in TREPS and Reverse Repo and net receivable Goodyear India Ltd. Total 72.24
Auto Components 0.23
/ payable. CIE Automotive India Ltd Auto Components 0.21 UNITS ISSUED BY REIT & INVIT
Banks 0.18 Units issued by InvIT
Bharat Dynamics Limited 0.16 Bharat Highways InvIT Construction 0.09
TOTAL EXPENSE RATIO (As on August 31, 2024) SBI CARDS AND PAYMENT Sub Total 0.09
Including Additional Expenses and Goods and Service SERVICES LIMITED 0.09 Units issued by ReIT
Sub Total 23.64 Realty 0.58
Regular: 1.76% Direct: 1.23% DEBT & DEBT RELATED Sub Total 0.58
Government Securities (Central/State) Total 0.67
7.3 GOI 2053 Sovereign 2.32 Alternative Investment Fund Units
#BENCHMARK INDEX: 6.68 GOI 2031 Sovereign 2.22 0.25
7.18 GOI 2037 Sovereign 2.14 Sub Total 0.25
7.1 GOI 2029 Sovereign 1.51 Cash,Cash Equivalents and Net Current Assets 3.20
##ADDL. BENCHMARK INDEX: GOI 2034 Sovereign 1.51 Grand Total 100.00
CRISIL 10 year Gilt Index 6.58% Gujarat SDL - Mat
310327 Sovereign 1.48 • Top Ten Holdings, £ Sponsor
EXIT LOAD$$ : 7.34 GOI 2064 Sovereign 1.24
7.38 GOI 2027 Sovereign 1.11 `
7.36 GOI 2052 Sovereign 1.09
15% of the units (“the limit”) may be redeemed 7.41 GOI 2036 Sovereign 1.09
without any exit load from thedate of allotment. Commercial Papers. Data is as of August 31, 2024 unless
• Any redempti on in excess of the limit shall be 7.1 GOI 2034 Sovereign 1.06
subject to the following exit load: 6.54 GOI 2032 Sovereign 1.03
7.26 GOI 2033 Sovereign 0.76
redeemed/switched-out within 1 year from the 7.64% Andhra Pradesh SDL ISD
date of allotment of units. Mr. Dhruv Muchhal (since June 22, 2023)
170124 MAT 170131 Sovereign 0.76
switched-out aft er 1 year from the date of 7.09 GOI 2054 Sovereign 0.75 (Total Experience: Over 10 years).
allotment. GOI 2028 Sovereign 0.75
6.95 GOI 2061 Sovereign 0.74
5.77 GOI 2030 Sovereign 0.71 Page no. 101 to 103.
GOI STRIPS - Mat 190327 Sovereign 0.52
7.23 GOI 2039 Sovereign 0.46 no. 104.
5.85 GOI 2030 Sovereign 0.43
6.19 GOI 2034 Sovereign 0.35
7.25 GOI 2063 Sovereign 0.31
6.79 GOI 2029 Sovereign 0.30
6.1 GOI 2031 Sovereign 0.29
6.45 GOI 2029 Sovereign 0.15
6.99 GOI 2051 Sovereign 0.15
7.18 GOI 2033 Sovereign 0.15

....Contd on next page

58 August 2024
 .....Contd from previous page

HDFC Hybrid Debt Fund CATEGORY OF SCHEME

(An open ended hybrid scheme investing predominantly in debt
instruments)

Portfolio Portfolio

Asset Class (%) Rating Class (%)

Equity 23.64
Equity 23.64 Sovereign 25.59
0.09 0.09
0.58 0.58
G-Sec, G-Sec STRIPS, SDL 25.59 37.56
Securitized Debt Instruments 0.42 AA+ 7.90
Credit Exposure 46.23 AA/AA- 1.19
0.25 0.25
Cash, Cash Equivalents and Net Current Assets 3.20 Cash, Cash Equivalents and Net Current Assets 3.20

SIP PERFORMANCE ^ - Regular Plan - Growth Option

Since Inception 15 year 10 year 5 year 3 year 1 year
SIP SIP SIP SIP SIP SIP
Total Amount Invested (` in Lacs) 24.90 18.00 12.00 6.00 3.60 1.20
Mkt Value As on August 30, 2024 (` in Lacs) 80.81 40.06 20.32 8.26 4.40 1.31
Returns (%) 10.21 9.97 10.16 12.75 13.54 16.99
Benchmark Returns (%) # 8.88 8.96 8.85 8.88 9.47 12.62
Additional Benchmark Returns (%) ## 6.37 6.48 6.20 5.78 7.55 10.34
Assuming `
investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.

PERFORMANCE ^ - Regular Plan - Growth Option

Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark
Scheme (`) Benchmark Additional
Date Period (%) (%)# Returns
(%) ## (`)# Benchmark
(`)##
Aug 31, 23 Last 1 Year 16.86 11.69 8.82 11,686 11,169 10,882
Aug 31, 21 Last 3 Years 10.93 7.28 5.05 13,650 12,346 11,592
Aug 30, 19 Last 5 Years 11.56 8.97 5.28 17,291 15,371 12,939
Aug 28, 14 Last 10 Years 9.49 9.02 7.11 24,792 23,748 19,899
Dec 26, 03 Since Inception 10.52 8.46 5.67 79,209 53,658 31,332
Returns greater than 1 year period are compounded annualized (CAGR). Scheme performance may not strictly be comparable with that of
its Additional Benchmark in view of hybrid nature of the scheme where a portion of scheme’s investments are made in equity instruments.

Note:

^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into
consideration for computation of performance.

greater than what may ordinarily be expected considering only its duration. Hence investors are recommended to consider the unadjusted
portfolio maturity of the scheme as well and exercise adequate due diligence when deciding to make their investments.

Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer

Benchmark (This product is suitable for (Current risk as per latest month
investors who are seeking ~) end portfolio)

HDFC Hybrid • To generate long-term income /

rate Moderately
Debt Fund capital appreciation o Mode High Modera
w t erate Hi oderate High tely
• Investments primarily in debt o M
w t erate Hi
Mo Lo

gh
d

securities, money market

Mo Lo

BENCHMARK :
gh
d
Very

instruments and moderate

High
Low

Very
High
Low

Composite Debt exposure to equities

RISKOMETER
15:85 Index Investors understand that their principal will be at RISKOMETER
moderately high risk Investors understand that their principal will be at
moderately high risk

Scheme and Benchmark Riskometer As on August 31, 2024

August 2024 59
HDFC ELSS Tax saver
(Name changed from HDFC TaxSaver)
CATEGORY OF SCHEME

(This is a simple and performing scheme which is eligible for distribution by new cadre of distributors)

INVESTMENT OBJECTIVE :
that the investment objective of the Scheme will be achieved.

FUND MANAGER ¥
Roshi Jain
(since January 13, 2022) PORTFOLIO
Total Experience: Over 19 years
Company Industry+ % to Company Industry+ % to
NAV NAV
DATE OF ALLOTMENT / INCEPTION DATE EQUITY & EQUITY RELATED Tata Steel Ltd. 0.65
March 31, 1996 • ICICI Bank Ltd. Banks 9.66 Popular Vehicles and Services
• Banks 9.27 Limited Automobiles 0.62
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) • Axis Bank Ltd. Banks 7.87 Teamlease Services Ltd.
Supplies 0.58
Regular Plan - Growth Option 1379.646 • Cipla Ltd.
Regular Plan - IDCW Option 81.480 Biotechnology 5.44 Karur Vysya Bank Ltd. Banks 0.54
Direct Plan - Growth Option 1481.757 • Bharti Airtel Ltd. Telecom - Services 5.41
Direct Plan - IDCW Option 107.071 Ltd. Oil 0.50
• HCL Technologies Ltd. IT - Software 5.34
Zee Entertainment Enterprises
• SBI Life Insurance Company Ltd. Insurance 4.84 Ltd. Entertainment 0.34
ASSETS UNDER MANAGEMENT
As on August 31, 2024 • Kotak Mahindra Bank Limited Banks 3.80 Delhivery Limited Transport Services 0.26
` 16,422.31 Cr. • Infosys Limited IT - Software 3.31 Coforge Limited IT - Software 0.19
Average for Month of August 2024 • Maruti Suzuki India Limited Automobiles 3.02 Reliance Industries Ltd. Petroleum Products 0.18
` 16,000.94 Cr. State Bank of India Banks 2.73 Sumitomo Chemical India Ltd
Apollo Hospitals Enterprise Ltd. Healthcare Services 2.64 Agrochemicals 0.16
QUANTITATIVE DATA
Dr Reddys Laboratories Ltd.
Portfolio Turnover Biotechnology 1.93 Systems India Ltd Auto Components 0.16
Equity Turnover 40.36%
Total Turnover 41.51% Prestige Estates Projects Ltd. Realty 1.88 Sub Total 91.88
Total Turnover = Equity + Debt + Derivative Tech Mahindra Ltd. IT - Software 1.69 DEBT & DEBT RELATED
Risk Ratio Hindustan Aeronautics Limited 1.64 Government Securities (Central/State)
Standard Deviation 11.487% Bajaj Auto Limited Automobiles 1.53 7.38 GOI 2027 Sovereign 0.31
Beta 0.858 Automobiles 1.37
Sharpe Ratio* 1.439 Sub Total 0.31
Computed for the 3-yr period ended August 31, Power Grid Corporation of Cash,Cash Equivalents and Net Current Assets 7.81
2024. Based on month-end NAV. India Ltd. Power 1.34 Grand Total 100.00
* Eicher Motors Ltd. Automobiles 1.28
• Top Ten Holdings, £ Sponsor
data is computed since inception. Dr. Lal Path Labs Ltd Healthcare Services 1.19
Bajaj Electricals Ltd. Consumer Durables 1.17 `
ESCORTS LTD. Agricultural,
TOTAL EXPENSE RATIO (As on August 31, 2024)
Including Additional Expenses and Goods and Service Construction Vehicles 1.17
Metropolis Healthcare Ltd. Healthcare Services 1.04
Regular: 1.70% Direct: 1.08% Crompton Greaves Consumer Mr. Dhruv Muchhal (since June 22, 2023)
Elec. Ltd. Consumer Durables 1.02 (Total Experience: Over 10 years).
#BENCHMARK INDEX: Larsen and Toubro Ltd. Construction 1.02
Shoppers Stop Ltd. Retailing 0.99
##ADDL. BENCHMARK INDEX: Beverages 0.99 Page no. 101 to 103.
Star Health and Allied
Insurance Company Ltd Insurance 0.96
LOCK-IN PERIOD Banks 0.82 no. 104.
3 years from the date of allotment Lupin Ltd.
Biotechnology 0.68
Cyient Ltd. IT - Services 0.66
EXIT LOAD$$ :
Nil
SIP PERFORMANCE ^ - Regular Plan - Growth Option
Since Inception 15 year 10 year 5 year 3 year 1 year
SIP SIP SIP SIP SIP SIP
Total Amount Invested (` in Lacs) 34.10 18.00 12.00 6.00 3.60 1.20
Mkt Value As on August 30, 2024 (` in Lacs) $$ 1,764.32 67.90 31.25 12.45 5.76 1.49
Returns (%) $$ 22.11 16.11 18.20 29.71 33.10 48.06
Benchmark Returns (%) # 16.21 16.12 18.19 25.72 27.23 42.69
Additional Benchmark Returns (%) ## 14.75 14.68 16.34 21.52 21.70 34.34
Assuming `
simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
PERFORMANCE ^ - Regular Plan - Growth Option
Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme (`) Benchmark Additional
Date Period (%) $$ (%)# Returns
(%) ## $$ (`)# Benchmark
(`)##
Aug 31, 23 Last 1 Year 47.91 41.58 32.64 14,791 14,158 13,264
Aug 31, 21 Last 3 Years 25.22 18.95 15.17 19,633 16,829 15,274
Aug 30, 19 Last 5 Years 23.70 22.70 19.37 28,998 27,845 24,262
Aug 28, 14 Last 10 Years 14.10 15.32 13.59 37,453 41,684 35,825
Mar 31, 96 Since Inception 22.85 14.94 13.42 3,480,270 524,237 359,422
Returns greater than 1 year period are compounded annualized (CAGR). $$ All Distributions declared prior to the splitting of the Scheme into IDCW

The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular

^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into consideration
for computation of performance.

60 August 2024
HDFC ELSS Tax saver CATEGORY OF SCHEME
(Name changed from HDFC TaxSaver)

Industry Allocation of Equity Holding Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer
(% of Net Assets) Benchmark (This product is suitable for (Current risk as per latest month
investors who are seeking ~) end portfolio)
Banks 34.69
IT - Software 10.53 HDFC ELSS • To generate long-term capital
rate Moderately
Pharmaceuticals & Biotechnology 8.05
Tax saver appreciation / income o Mode High Modera
Automobiles w t erate Hi oderate High tely
7.82 • Investment predominantly o M
w t erate Hi

Mo Lo

gh
Insurance

d
5.80

Mo Lo
BENCHMARK

gh
d
Telecom - Services 5.41

Very
instruments

High
Low
Healthcare Services 4.87
:

Very
High
Low
Consumer Durables 2.19 (Total Returns RISKOMETER
Realty 1.88 Index) Investors understand that their principal will be at RISKOMETER
Aerospace & Defense 1.64 very high risk Investors understand that their principal will be at
Power 1.34 very high risk
Agricultural, Commercial & Construction Vehicles 1.17
Construction 1.02 Scheme and Benchmark Riskometer As on August 31, 2024
Retailing 0.99
Beverages 0.99
IT - Services 0.66
Ferrous Metals 0.65
Commercial Services & Supplies 0.58
Oil 0.50
Entertainment 0.34
Transport Services 0.26
Petroleum Products 0.18
Fertilizers & Agrochemicals 0.16
Auto Components 0.16
0 10 20 30 40

August 2024 61
 HDFC Children's Gift Fund CATEGORY OF SCHEME
[An open ended fund for investment for children having a lock-in for atleast

KEY FACTS
INVESTMENT OBJECTIVE :
There is no assurance that the investment objective of the Scheme will be achieved.

FUND MANAGER ¥
PORTFOLIO
Chirag Setalvad
(Equity Assets) (since April 2, 2007)
Total Experience: Over 27 years
Company Industry+ / Rating % to Company Industry+ / Rating % to
Anil Bamboli NAV NAV
(Debt Assets) (since October 6, 2022) EQUITY & EQUITY RELATED 8.28 GOI 2027 Sovereign 0.47
Total Experience: Over 30 years • ICICI Bank Ltd. Banks 5.59 7.3 GOI 2053 Sovereign 0.42
• Banks 5.29 8.32 GOI 2032 Sovereign 0.33
• Reliance Industries Ltd. Petroleum Products 3.80 7.23 GOI 2039 Sovereign 0.31
DATE OF ALLOTMENT / INCEPTION DATE • Voltamp Transformers Ltd. Electrical Equipment 3.75 7.64% % Gujarat SDL ISD
March 2, 2001 • Larsen and Toubro Ltd. Construction 3.70 170124 Mat 170134 Sovereign 0.31
• Infosys Limited IT - Software 3.17 6.79 GOI 2027 Sovereign 0.30
• Industrial Products 2.83 7.26 GOI 2032 Sovereign 0.26
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) 7.63% Gujarat SDL ISD 240124
State Bank of India Banks 2.48
Regular Plan 292.892 Mat 240133 Sovereign 0.26
Direct Plan 322.443 Kotak Mahindra Bank Limited Banks 2.26
6.67 GOI 2035 Sovereign 0.25
eClerx Services Limited
Supplies 2.18 7.63% Gujarat SDL ISD 240124
Mat 240134 Sovereign 0.21
ASSETS UNDER MANAGEMENT ITC Ltd. 1.98
7.65% Chhattisgarh SDL Mat
As on August 31, 2024 Newgen Software Technologies 310133 Sovereign 0.21
` 9,867.80 Cr. Ltd. IT - Software 1.94
7.25 GOI 2063 Sovereign 0.05
Average for Month of August 2024 Sonata Software Ltd. IT - Software 1.85
7.26 GOI 2029 Sovereign 0.05
` 9,708.07 Cr. Kirloskar Pneumatic Ltd. Industrial Products 1.81
7.32 GOI 2030 Sovereign 0.05
Beverages 1.79
QUANTITATIVE DATA AkzoNobel India Ltd. Consumer Durables 1.60 201223 MAT 201233 Sovereign 0.05
Portfolio Turnover Bharti Airtel Ltd. Telecom - Services 1.58 8.6 GOI 2028 Sovereign 0.05
Equity Turnover 12.61% Aster DM Healthcare Limited Healthcare Services 1.55
Total Turnover 12.61% Sub Total 23.62
Total Turnover = Equity + Debt + Derivative Bank of Baroda Banks 1.39 Credit Exposure (Non Perpetual)
Apollo Tyres Ltd. Auto Components 1.19 CRISIL - AAA 1.39
Residual Maturity * 8.83 years
Macaulay Duration * 4.81 years Rolex Rings Limited Auto Components 1.19
4.61 years Transport Corporation of Rural Dev. CRISIL - AAA / ICRA - AAA 1.31
Annualized Portfolio YTM# * 7.14% India Ltd. Transport Services 1.19 CRISIL - AAA 1.01
#
semi annual YTM has been annualised. Ipca Laboratories Ltd.
*Calculated on amount invested in debt securities Small Industries Development CARE - AAA / CRISIL
Biotechnology 1.04 Bank - AAA 0.91
(including accrued interest), deployment of funds
in TREPS and Reverse Repo and net receivable Zensar Technologies Ltd. IT - Software 1.03 CRISIL - AAA 0.51
/ payable. Power Grid Corporation of
India Ltd. Power 0.97 India Ltd. CRISIL - AAA 0.51
TOTAL EXPENSE RATIO (As on August 31, 2024) Industrial Products 0.96 REC Limited. CRISIL - AAA 0.36
Including Additional Expenses and Goods and Service Industrial CRISIL - AAA 0.27
Manufacturing 0.86
Bank of Baroda CRISIL - AAA 0.15
Regular: 1.74% Direct: 0.90%
Ind Ltd. Leisure Services 0.73
Corp. Ltd. CRISIL - AAA 0.10
Bharat Petroleum Corporation
Ltd. Petroleum Products 0.72 Sub Total 6.52
#BENCHMARK INDEX: Credit Exposure (Perpetual Bonds)
PNC Infratech Ltd. Construction 0.61
Technocraft Industries (India) Bank of Baroda (AT1, BASEL III,
##ADDL. BENCHMARK INDEX: Ltd Industrial Products 0.57 Perpetual) CRISIL - AA+ 0.96
Sub Total 0.96
Holdings Ltd. 0.54 Total 31.10
LOCK-IN PERIOD Axis Bank Ltd. Banks 0.49 Cash,Cash Equivalents and Net Current Assets 3.59
RHI MAGNESITA INDIA Limited Industrial Products 0.47 Grand Total 100.00
For Fresh investments by investors including
GMM Pfaudler Limited Industrial • Top Ten Holdings, £ Sponsor
Manufacturing 0.44
2018): Banks 0.40
Lock-in period will be compulsory. Lock-in `
0.36
period shall be earlier of Timken India Ltd. Industrial Products 0.36
• 5 Years from the date of allotment; or Auto Components 0.28
VST Industries Ltd.
child) attains the age of majority Products 0.24 Mr. Dhruv Muchhal (since June 22, 2023)
RADIANT CASH MANAGEMENT (Total Experience: Over 10 years).
SERVICES LIMITED Supplies 0.13
Sub Total 65.31 (
DEBT & DEBT RELATED majority as on the date of investment by the Investor / Applicant
Government Securities (Central/State)
• 7.18 GOI 2033 Sovereign 4.75
• 7.1 GOI 2029 Sovereign 3.33 Page no. 101 to 103.
• 7.1 GOI 2034 Sovereign 3.19
7.38 GOI 2027 Sovereign 2.37 no. 104.
7.17 GOI 2028 Sovereign 1.59
7.17 GOI 2030 Sovereign 1.34
7.18 GOI 2037 Sovereign 1.19
7.26 GOI 2033 Sovereign 1.09
7.06 GOI 2028 Sovereign 0.72
7.64% Gujarat SDL ISD 170124
MAT 170133 Sovereign 0.47

....Contd on next page

62 August 2024
 .....Contd from previous page

HDFC Children's Gift Fund CATEGORY OF SCHEME

[An open ended fund for investment for children having a lock-in for atleast

EXIT LOAD$$ :
SWAP registrations, etc. (until May 22, 2018)
In respect of units subject to lock-in period: Nil
In respect of units not subject to lock-in period:-
• In respect of each purchase/ Switch-in of units, an Portfolio Portfolio
exit load of 3% is payable if units are redeemed
/ switched-out within 1 year from the date of
allotment.
• In respect of each purchase/ Switch-in of units, an Asset Class (%) Rating Class (%)
exit load of 2% is payable if units are redeemed /
switched-out between 1st and 2nd year of the date
of allotment.
• In respect of each purchase/ Switch-in of units, an
exit load of 1% is payable if units are redeemed /
switched-out between 2nd and 3rd year of the date Equity 65.31 Equity 65.31
of allotment. Sovereign 23.62
• No exit load is payable, if units are redeemed G-Sec, SDL 23.62
/ switched-out after 3rd year from the date of Credit Exposure 7.48 6.52
allotment. AA+ 0.96
Cash, Cash Equivalents and Net Current Assets 3.59
Cash, Cash Equivalents and Net Current Assets 3.59

SIP PERFORMANCE ^ - Regular Plan - Growth Option

Since Inception 15 year 10 year 5 year 3 year 1 year
SIP SIP SIP SIP SIP SIP
Industry Allocation of Equity Holding Total Amount Invested (` in Lacs) 28.20 18.00 12.00 6.00 3.60 1.20
(% of Net Assets) Mkt Value As on August 30, 2024 (` in Lacs) $ 279.24 68.77 28.59 10.45 5.04 1.39
Returns (%) $ 16.51 16.25 16.55 22.39 23.13 29.99
Benchmark Returns (%) # N.A. 12.62 13.55 16.35 16.67 25.06
Banks 17.90 Additional Benchmark Returns (%) ## 15.54 14.68 16.34 21.52 21.70 34.34
Assuming `
IT - Software 7.99
simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. N.A.
Not Available.
Industrial Products 7.00

Petroleum Products 4.52 PERFORMANCE ^ - Regular Plan - Growth Option

Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme (`) Benchmark Additional
Construction 4.31 Date Period (%) $ (%)# Returns
(%) ## $ (`)# Benchmark
(`)##
Electrical Equipment 3.75 Aug 31, 23 Last 1 Year 28.42 23.72 32.64 12,842 12,372 13,264
Aug 31, 21 Last 3 Years 17.42 11.98 15.17 16,189 14,042 15,274
Auto Components 2.66 Aug 30, 19 Last 5 Years 20.12 15.42 19.37 25,032 20,496 24,262
Aug 28, 14 Last 10 Years 14.69 11.98 13.59 39,467 31,063 35,825
Mar 02, 01 Since Inception 16.74 NA 15.00 380,760 NA 267,588
Commercial Services & Supplies 2.31
Returns greater than 1 year period are compounded annualized (CAGR). N.A. Not Available. Scheme performance may not strictly be
comparable with that of its Additional Benchmark in view of balanced nature of the scheme where a portion of scheme’s investments are
Diversified Fmcg 1.98

Beverages 1.79 expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular

Consumer Durables 1.60 ^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into
consideration for computation of performance.
Telecom - Services 1.58

Healthcare Services 1.55 Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer
Benchmark (This product is suitable for (Current risk as per latest month
investors who are seeking ~) end portfolio)
Industrial Manufacturing 1.30
HDFC • Capital appreciation over long
rate Moderately
Children's Gift term. o Mode High Modera
Transport Services 1.19 w t erate Hi oderate High tely
• Investment in equity and equity o M
Fund w t erate Hi
Mo Lo

gh
d

related instruments as well

Mo Lo

gh
d

Pharmaceuticals & Biotechnology 1.04

Very

as debt and money market

High
Low

BENCHMARK :
Very
High
Low

instruments.
RISKOMETER
Power 0.97 Composite Debt RISKOMETER
Investors understand that their principal will be at
65:35 Index very high risk Investors understand that their principal will be at
high risk
Finance 0.90

Scheme and Benchmark Riskometer As on August 31, 2024

Leisure Services 0.73

Cigarettes & Tobacco Products 0.24

0 10 20 30 40

August 2024 63
HDFC Retirement Savings Fund - Equity Plan CATEGORY OF SCHEME
[An open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement
age (whichever is earlier)]

KEY FACTS
INVESTMENT OBJECTIVE : The investment objective of the Investment Plans under the Scheme is to provide long-term capital appreciation / income by investing in a mix of
equity and debt instruments to help investors meet their retirement goals. There is no assurance that the investment objective of the Scheme will be achieved.

FUND MANAGER ¥
Srinivasan Ramamurthy PORTFOLIO
(Equities) (since December 14, 2021)
Total Experience: Over 17 years
Shobhit Mehrotra Company Industry+ / Rating % to Company Industry+ / Rating % to
NAV NAV
Total Experience: Over 31 years EQUITY & EQUITY RELATED Gujarat State Petronet Ltd. Gas 0.74
• Banks 7.62
DATE OF ALLOTMENT / INCEPTION DATE • ICICI Bank Ltd. Banks 6.13 0.73
• Infosys Limited IT - Software 3.55 AkzoNobel India Ltd. Consumer Durables 0.72
• Axis Bank Ltd. Banks 3.13 Industrial Products 0.68
• Reliance Industries Ltd. Petroleum Products 3.01 Cyient Ltd. IT - Services 0.66
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`)
• Bharti Airtel Ltd. Telecom - Services 2.91 Bharat Electronics Ltd. 0.65
Regular Plan 51.481 Tata Steel Ltd. 0.63
Direct Plan 57.781 • State Bank of India Banks 2.71
• HCL Technologies Ltd. IT - Software 2.48
Papers Ltd. Products 0.61
ASSETS UNDER MANAGEMENT • Kotak Mahindra Bank Limited Banks 2.37
Crisil Limited 0.59
As on August 31, 2024 • Maruti Suzuki India Limited Automobiles 2.27
` 6,016.24 Cr. PVR LIMITED Entertainment 0.57
ITC Ltd. 2.17
Average for Month of August 2024 InterGlobe Aviation Ltd. Transport Services 0.56
Larsen and Toubro Ltd. Construction 2.11
` 5,845.31 Cr. Banks 0.54
Cipla Ltd.
Biotechnology 1.93
QUANTITATIVE DATA Ind Ltd. Leisure Services 0.54
Portfolio Turnover Bajaj Auto Limited Automobiles 1.81
0.53
Equity Turnover 13.38% Beverages 1.72
Total Turnover 13.38% GNA Axles Ltd. Auto Components 0.48
Voltamp Transformers Ltd. Electrical Equipment 1.64
Total Turnover = Equity + Debt + Derivative Indian Hotels Company Ltd. Leisure Services 0.48
Dr Reddys Laboratories Ltd.
Biotechnology 1.58 KEC International Ltd. Construction 0.47
TOTAL EXPENSE RATIO (As on August 31, 2024) ICICI Lombard General Insurance VRL Logistics Ltd. Transport Services 0.47
Including Additional Expenses and Goods and Service Co Insurance 1.42
Automobiles 1.31 Biotechnology 0.45
Regular: 1.77% Direct: 0.66% Indusind Bank Ltd. Banks 1.30 Timken India Ltd. Industrial Products 0.45
Transport Corporation of Max Healthcare Institute
#BENCHMARK INDEX: India Ltd. Transport Services 1.23 Limited Healthcare Services 0.43
Hindustan Petroleum Corp. Ltd. Petroleum Products 1.20
##ADDL. BENCHMARK INDEX: Ltd. IT - Software 0.37
Aurobindo Pharma Ltd.
Biotechnology 1.17 Redington Ltd.
Supplies 0.34
Godrej Consumer Products Ltd. Personal Products 1.16
LOCK-IN PERIOD Tata Motors Ltd. Automobiles 1.16
Existing investments by investors including SIP / STP India Limited Biotechnology 0.25
registrations, etc (until June 1, 2018): Torrent Pharmaceuticals Ltd.
Biotechnology 1.16 0.24
pledged / redeemed / switched out until completion Nippon Life India Asset Nilkamal Ltd. Consumer Durables 0.22
Management Limited Capital Markets 1.12
the Scheme. (Note: Exit Load may apply. Please refer
Page 104 to 113 for details. Industrial Products 1.09 Pharmaceuticals Ltd. Biotechnology 0.18
Fresh investments by investors including SIP / STP Gland Pharma Ltd. Bharat Dynamics Limited 0.16
Biotechnology 1.07
Sub Total 91.91
The Anup Engineering Limited Industrial
pledged / redeemed / switched out until completion Manufacturing 1.03 UNITS ISSUED BY REIT & INVIT
Balrampur Chini Mills Ltd. Realty 0.84
60 years), whichever is earlier. (Note: No exit load) Other Products 1.00 Sub Total 0.84
Insurance 0.98 Cash,Cash Equivalents and Net Current Assets 7.25
EXIT LOAD$$ : Bajaj Electricals Ltd. Consumer Durables 0.96 Grand Total 100.00
Existing investments by investors including SIP / STP Eicher Motors Ltd. Automobiles 0.91 • Top Ten Holdings, £ Sponsor
registrations, etc (until June 1, 2018):
Exit Load
years) Supplies 0.91 `
Power Grid Corporation of
India Ltd. Power 0.90
under the respective
Investment Plan(s):-
Chemicals Ltd. Agrochemicals 0.86
switched-out before completion of 60 years of age
Delhivery Limited Transport Services 0.84 Mr. Dhruv Muchhal (since June 22, 2023)
switched-out on or after attainment of 60 years of Gateway Distriparks Limited Transport Services 0.83 (Total Experience: Over 10 years).
age.
Greenply Industries Ltd. Consumer Durables 0.80
Kalpataru Projects International
Ltd Construction 0.78 Page no. 101 to 103.
Star Health and Allied Insurance
Note: No Exit Load shall be imposed for switching Company Ltd Insurance 0.78
between Investment Plan(s) and Plans/Options within
Symphony Ltd. Consumer Durables 0.78 no. 104.
the Investment Plan(s), subject to completion of lock-
in period. Investors are requested to note that Switch Great Eastern Shipping Company
is treated as redemption and entails tax consequences. Ltd. Transport Services 0.77
Industrial Products 0.76
PNC Infratech Ltd. Construction 0.75

64 August 2024
 .....Contd from previous page
HDFC Retirement Savings Fund - Equity Plan CATEGORY OF SCHEME
[An open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement
age (whichever is earlier)]

Industry Allocation of Equity Holding SIP PERFORMANCE ^ - Regular Plan - Growth Option
Since Inception SIP 5 year SIP 3 year SIP 1 year SIP
(% of Net Assets) Total Amount Invested (` in Lacs) 10.30 6.00 3.60 1.20
Mkt Value As on August 30, 2024 (` in Lacs) 27.49 12.42 5.53 1.45
Banks 23.80
Pharmaceuticals & Biotechnology 7.79 Returns (%) 22.04 29.63 30.04 41.07
Automobiles 7.46 Benchmark Returns (%) # 19.65 25.72 27.23 42.69
IT - Software 6.40 Additional Benchmark Returns (%) ## 17.58 21.52 21.70 34.34
Transport Services 4.70 Assuming `
Petroleum Products 4.21
Construction 4.11 simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
Consumer Durables 3.48
Insurance 3.18
Industrial Products 2.98 PERFORMANCE ^ - Regular Plan - Growth Option
Telecom - Services 2.91 Scheme Benchmark Additional Value of ` 10,000 invested
Diversified Fmcg 2.17 Returns Returns Benchmark
Beverages 1.72 Date Period (%) (%)# Returns Scheme (`) Benchmark Additional
Electrical Equipment 1.64 (%) ## (`)# Benchmark
(`)##
Finance 1.56
Commercial Services & Supplies 1.25 Aug 31, 23 Last 1 Year 37.49 41.58 32.64 13,749 14,158 13,264
Ferrous Metals 1.16 Aug 31, 21 Last 3 Years 22.80 18.95 15.17 18,519 16,829 15,274
Personal Products 1.16 Aug 30, 19 Last 5 Years 26.27 22.70 19.37 32,145 27,845 24,262
Capital Markets 1.12
Industrial Manufacturing 1.03
Since Inception 21.21 19.33 17.80 51,481 45,047 40,358
Leisure Services 1.02
Agricultural Food & Other Products 1.00
Power 0.90
Fertilizers & Agrochemicals 0.86 Performance of Direct Plan, refer page 109 to 115.
Aerospace & Defense 0.81
Gas 0.74 ^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into
IT - Services 0.66 consideration for computation of performance.
Paper, Forest & Jute Products 0.61
Entertainment 0.57
Auto Components 0.48
Healthcare Services 0.43 Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer
Benchmark (This product is suitable for (Current risk as per latest month
0 5 10 15 20 25
investors who are seeking ~) end portfolio)

HDFC • A corpus to provide for pension in

Modera
Retirement the form of income to the extent oderate High tely
o M Modera
oderate High tely
of the redemption value of their w t erate Hi
Savings Fund o M
w t erate Hi
Mo Lo

gh
holding after the age of 60 years.
d

- Equity Plan

Mo Lo

gh
• Investment predominantly

d
Very
High
Low

in equity and equity related

Very
High
Low
BENCHMARK
instruments. RISKOMETER
: RISKOMETER
Investors understand that their principal will be at
(Total Returns very high risk Investors understand that their principal will be at
Index) very high risk

Scheme and Benchmark Riskometer As on August 31, 2024

August 2024 65
 HDFC Retirement Savings Fund - Hybrid Equity Plan CATEGORY OF SCHEME
[An open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement
age (whichever is earlier)]

KEY FACTS
INVESTMENT OBJECTIVE : The investment objective of the Investment Plans under the Scheme is to provide long-term capital appreciation / income by investing in a mix of
equity and debt instruments to help investors meet their retirement goals. There is no assurance that the investment objective of the Scheme will be achieved.

FUND MANAGER ¥ PORTFOLIO

Srinivasan Ramamurthy
(Equities) (since December 14, 2021)
Total Experience: Over 17 years Company Industry+ / Rating % to Company Industry+ / Rating % to
Shobhit Mehrotra NAV NAV
EQUITY & EQUITY RELATED GNA Axles Ltd. Auto Components 0.43
Total Experience: Over 31 years
• Banks 5.67
• ICICI Bank Ltd. Banks 5.42 Biotechnology 0.43

DATE OF ALLOTMENT / INCEPTION DATE • Reliance Industries Ltd. Petroleum Products 2.85
Papers Ltd. Products 0.43
• State Bank of India Banks 2.57
KEC International Ltd. Construction 0.42
• Infosys Limited IT - Software 2.53
• Bharti Airtel Ltd. Telecom - Services 2.50 Ind Ltd. Leisure Services 0.39
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) • Axis Bank Ltd. Banks 2.22
Regular Plan 38.670 • Larsen and Toubro Ltd. Construction 2.10 Biotechnology 0.39
Direct Plan 43.456 • HCL Technologies Ltd. IT - Software 1.93 Max Healthcare Institute
Kotak Mahindra Bank Limited Banks 1.91 Limited Healthcare Services 0.38
ITC Ltd. 1.90 Global Health Limited Healthcare Services 0.36
ASSETS UNDER MANAGEMENT Cipla Ltd. Timken India Ltd. Industrial Products 0.36
As on August 31, 2024 Biotechnology 1.56 Popular Vehicles and Services
` 1,587.24 Cr. Maruti Suzuki India Limited Automobiles 1.56 Limited Automobiles 0.35
Average for Month of August 2024 Bajaj Auto Limited Automobiles 1.37 Redington Ltd.
` 1,548.46 Cr. ICICI Lombard General Supplies 0.31
Insurance Co Insurance 1.35 STERLING TOOLS LIMITED Auto Components 0.26
QUANTITATIVE DATA Power Grid Corporation of
Portfolio Turnover India Ltd. Power 1.13 India Limited Biotechnology 0.24
Equity Turnover 12.03% Beverages 1.11 Nilkamal Ltd. Consumer Durables 0.18
Total Turnover 12.03%
Total Turnover = Equity + Debt + Derivative Vesuvius India Ltd. Industrial Products 1.09 OCCL Limited
Residual Maturity * 4.31 years Voltamp Transformers Ltd. Electrical Equipment 1.09 Petrochemicals 0.18
Macaulay Duration * 3.09 years Automobiles 1.06 Ltd. Petrochemicals 0.10
Annualized Portfolio YTM# * 7.00% Crompton Greaves Consumer Sub Total 71.86
#
semi annual YTM has been annualised. Elec. Ltd. Consumer Durables 1.05
Hindustan Aeronautics Limited 1.03 DEBT & DEBT RELATED
*Calculated on amount invested in debt securities
(including accrued interest), deployment of funds Aurobindo Pharma Ltd. Government Securities (Central/State)
in TREPS and Reverse Repo and net receivable Biotechnology 0.99 • 7.26 GOI 2032 Sovereign 1.93
/ payable. Suprajit Engineering Ltd. Auto Components 0.99 6.1 GOI 2031 Sovereign 1.87
7.18 GOI 2037 Sovereign 1.61
TOTAL EXPENSE RATIO (As on August 31, 2024) Supplies 0.96 7.18 GOI 2033 Sovereign 1.60
Including Additional Expenses and Goods and Service Balrampur Chini Mills Ltd. 7.26 GOI 2033 Sovereign 1.29
Other Products 0.94 7.57 GOI 2033 Sovereign 0.82
Regular: 2.09% Direct: 0.93% Godrej Consumer Products Ltd. Personal Products 0.93 6.67 GOI 2050 Sovereign 0.61
Hindustan Petroleum Corp. Ltd. Petroleum Products 0.89 Sub Total 9.73
Insurance 0.88 Credit Exposure (Non Perpetual)
#BENCHMARK INDEX: Torrent Pharmaceuticals Ltd. CRISIL - AAA 1.60
Biotechnology 0.88
ICRA - AA+ 1.58
##ADDL. BENCHMARK INDEX: Gujarat State Petronet Ltd. Gas 0.84
Alembic Pharmaceuticals Ltd IND - AA+ 0.95
Limited Biotechnology 0.83
Power Grid Corporation of India
Transport Corporation of Ltd. CRISIL - AAA 0.32
LOCK-IN PERIOD India Ltd. Transport Services 0.75
Sub Total 4.45
Existing investments by investors including SIP / CIE Automotive India Ltd Auto Components 0.74
STP registrations, etc (until June 1, 2018): Total 14.18
Bajaj Electricals Ltd. Consumer Durables 0.71
UNITS ISSUED BY REIT & INVIT
/ pledged / redeemed / switched out until The Anup Engineering Limited Industrial
Manufacturing 0.70 Realty 0.86
completion of 5 years from the date of allotment
Wipro Ltd. IT - Software 0.68 Sub Total 0.86
apply. Please refer Page 104 to 113 for details. Cash,Cash Equivalents and Net Current Assets 13.10
Gland Pharma Ltd.
Fresh investments by investors including SIP / STP Biotechnology 0.66 Grand Total 100.00
Banks 0.65 • Top Ten Holdings, £ Sponsor
/ pledged / redeemed / switched out until Tata Steel Ltd. 0.60
completion of 5 years from the date of allotment Bayer Cropscience Ltd `
completion of 60 years), whichever is earlier. Agrochemicals 0.59
(Note: No exit load) Banks 0.59
Industrial Products 0.59
Goodyear India Ltd. Auto Components 0.59
Lumax Industries Ltd Auto Components 0.59 Mr. Dhruv Muchhal (since June 22, 2023)
(Total Experience: Over 10 years).
0.59
Sonata Software Ltd. IT - Software 0.59
Bharat Electronics Ltd. 0.51 Page no. 101 to 103.
Cyient Ltd. IT - Services 0.50
PVR LIMITED Entertainment 0.48
no. 104.
Kalpataru Projects International
Ltd Construction 0.47
Rolex Rings Limited Auto Components 0.47

Company Ltd Capital Markets 0.47

....Contd on next page

66 August 2024
 .....Contd from previous page
HDFC Retirement Savings Fund - Hybrid Equity Plan CATEGORY OF SCHEME
[An open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement
age (whichever is earlier)]

EXIT LOAD$$ :
Existing investments by investors including SIP / STP
registrations, etc (until June 1, 2018):
Exit Load
years) Portfolio Portfolio
under the respective
Investment Plan(s):- Asset Class (%) Rating Class (%)
switched-out before completion of 60 years of age
switched-out on or after attainment of 60 years of
age. Equity 71.86 Equity 71.86
Sovereign 9.73
0.86 0.86
G-Sec 9.73 1.92
Credit Exposure 4.45 AA+ 2.53
Note: No Exit Load shall be imposed for switching Cash, Cash Equivalents and Net Current Assets 13.10
between Investment Plan(s) and Plans/Options within Cash, Cash Equivalents and Net Current Assets 13.10
the Investment Plan(s), subject to completion of lock-
in period. Investors are requested to note that Switch
is treated as redemption and entails tax consequences.

SIP PERFORMANCE ^ - Regular Plan - Growth Option

Since Inception SIP 5 year SIP 3 year SIP 1 year SIP
Industry Allocation of Equity Holding Total Amount Invested (` in Lacs) 10.30 6.00 3.60 1.20
Mkt Value As on August 30, 2024 (` in Lacs) 21.86 10.19 5.00 1.40
(% of Net Assets)
Returns (%) 16.96 21.33 22.57 31.73
Benchmark Returns (%) # 14.28 16.35 16.67 25.89
Banks 19.03
Additional Benchmark Returns (%) ## 17.58 21.52 21.70 35.81
Pharmaceuticals & Biotechnology 5.98 Assuming `
IT - Software 5.73
simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
Automobiles 4.34
Auto Components 4.07
Petroleum Products 3.74
PERFORMANCE ^ - Regular Plan - Growth Option
Construction 2.99 Scheme Benchmark Value of ` 10,000 invested
Additional
Telecom - Services 2.50 Returns Returns Benchmark
Scheme (`) Benchmark Additional
Date Period (%) (%)# Returns
Insurance 2.23 (%) ## (`)# Benchmark
(`)##
Industrial Products 2.04 Aug 31, 23 Last 1 Year 27.56 23.72 32.64 12,756 12,372 13,264
Consumer Durables 1.94 Aug 31, 21 Last 3 Years 16.11 11.98 15.17 15,655 14,042 15,274
Diversified Fmcg 1.90 Aug 30, 19 Last 5 Years 19.17 15.42 19.37 24,060 20,496 24,262
Aerospace & Defense 1.54 Since Inception 17.21 14.61 17.80 38,670 31,946 40,358
Commercial Services & Supplies 1.27 Returns greater than 1 year period are compounded annualized (CAGR). Scheme performance may not strictly be comparable with that of its
Power 1.13
Beverages 1.11
Electrical Equipment 1.09
^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into
Agricultural Food & Other Products 0.94 consideration for computation of performance.
Personal Products 0.93
Realty 0.86
Gas 0.84
Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer
Transport Services 0.75 Benchmark (This product is suitable for (Current risk as per latest month
Healthcare Services 0.74 investors who are seeking ~) end portfolio)
Industrial Manufacturing 0.70
HDFC • A corpus to provide for pension in
Ferrous Metals 0.60 the form of income to the extent
Retirement rate Moderately
Finance 0.59
Savings of the redemption value of their o Mode High Modera
w t erate Hi oderate High tely
Fertilizers & Agrochemicals 0.59 holding after the age of 60 years. o M
Fund - Hybrid w t erate Hi
Mo Lo

gh
d

IT - Services 0.50 • Investment predominantly

Mo Lo

gh

Equity Plan
d

in equity and equity related

Very
High
Low

Entertainment 0.48
Very
High
Low

Capital Markets 0.47 BENCHMARK : RISKOMETER

and money market instruments.
Paper, Forest & Jute Products 0.43 Investors understand that their principal will be at RISKOMETER
Composite Debt very high risk Investors understand that their principal will be at
Leisure Services 0.39 high risk
Chemicals & Petrochemicals 0.28 65:35 Index
0 10 20 30 40
Scheme and Benchmark Riskometer As on August 31, 2024

August 2024 67
 HDFC Retirement Savings Fund - Hybrid Debt Plan CATEGORY OF SCHEME
[An open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement
age (whichever is earlier)]

KEY FACTS
INVESTMENT OBJECTIVE : The investment objective of the Scheme is to provide long term capital appreciation/income by investing in a mix of equity and debt instruments
to help investors meet their retirement goals. There is no assurance that the investment objective of the Scheme will be achieved.

FUND MANAGER ¥ PORTFOLIO

Srinivasan Ramamurthy
(Equities) (since December 14, 2021) Company Industry+ / % to NAV % exposure Company Industry+ / % to NAV % exposure
Total Experience: Over 17 years Rating (Hedged & of Derivative Rating (Hedged & of Derivative
Shobhit Mehrotra Unhedged) Unhedged)
EQUITY & EQUITY RELATED Redington Ltd. Commercial
Total Experience: Over 31 years
• Tata Consultancy Services Supplies 0.17 0.00
Ltd. IT - Software 9.29 8.72
DATE OF ALLOTMENT / INCEPTION DATE • Larsen and Toubro Ltd. Construction 4.51 3.74 Popular Vehicles and
Services Limited Automobiles 0.14 0.00
ICICI Bank Ltd. Banks 2.28 0.00 STERLING TOOLS LIMITED Auto Components 0.13 0.00
Banks 2.22 0.00 Pharmaceuticals
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) Infosys Limited IT - Software 1.20 0.00 Healthcare India Limited 0.11 0.00
Regular Plan 20.8877 Reliance Industries Ltd. Petroleum OCCL Limited
Direct Plan 23.3341 Products 1.12 0.00 Petrochemicals 0.08 0.00
Bharti Airtel Ltd. Telecom - Services 0.98 0.00
Chemicals Ltd. Petrochemicals 0.05 0.00
ASSETS UNDER MANAGEMENT State Bank of India Banks 0.98 0.00
As on August 31, 2024 Sub Total 38.09 0.00
Axis Bank Ltd. Banks 0.94 0.00
` 161.68 Cr. ITC Ltd. 0.93 0.00
DEBT & DEBT RELATED
Average for Month of August 2024 Government Securities (Central/State)
` 160.62 Cr. Beverages 0.87 0.00
• 6.67 GOI 2050 Sovereign 8.92 0.00
Voltamp Transformers Electrical
QUANTITATIVE DATA Ltd. Equipment 0.87 0.00 • 6.19 GOI 2034 Sovereign 5.87 0.00
Residual Maturity * 8.07 years ICICI Lombard General • 7.57 GOI 2033 Sovereign 4.84 0.00
Macaulay Duration * 4.97 years Insurance Co Insurance 0.79 0.00 • 8.97 GOI 2030 Sovereign 3.76 0.00
Annualized Portfolio YTM# * 7.30% Transport Corporation of • 7.5 GOI 2034 Sovereign 3.22 0.00
India Ltd. Transport Services 0.67 0.00
#
semi annual YTM has been annualised. 7.54 GOI 2036 Sovereign 0.10 0.00
*Calculated on amount invested in debt securities Dr Reddys Laboratories Pharmaceuticals
(including accrued interest), deployment of funds Ltd. 0.65 0.00 Sub Total 26.71 0.00
in TREPS and Reverse Repo and net receivable Maruti Suzuki India Credit Exposure (Non Perpetual)
/ payable. Limited Automobiles 0.61 0.00 • Mahindra Rural Housing
SBI Life Insurance IND - AA+ 6.22 0.00
TOTAL EXPENSE RATIO (As on August 31, 2024) Company Ltd. Insurance 0.57 0.00 •
Including Additional Expenses and Goods and Service
Gujarat State Petronet Corp. Ltd. CRISIL - AAA 3.22 0.00
Ltd. Gas 0.55 0.00 CRISIL - AAA 2.97 0.00
Regular: 2.14% Direct: 1.02% Vesuvius India Ltd. Industrial Products 0.50 0.00
Symphony Ltd. Consumer Corporation Ltd. CRISIL - AAA 0.66 0.00
#BENCHMARK INDEX: Durables 0.48 0.00 Sub Total 13.07 0.00
Industrial Products 0.45 0.00 Credit Exposure (Perpetual Bonds)
##ADDL. BENCHMARK INDEX: Bayer Cropscience Ltd
CRISIL 10 Year Gilt Index Agrochemicals 0.43 0.00 •
(Subsidiary of Tata
Hindustan Aeronautics Motors Ltd.) (Perpetual) CRISIL - NA 6.12 0.00
LOCK-IN PERIOD Limited Defense 0.43 0.00
Existing investments by investors including SIP / Sub Total 6.12 0.00
STP registrations, etc (until June 1, 2018): Torrent Pharmaceuticals Pharmaceuticals Total 45.90 0.00
Ltd. 0.43 0.00
/ pledged / redeemed / switched out until Gujarat Pipavav Port Ltd. Transport Cash,Cash Equivalents and Net Current Assets 16.01 0.00
completion of 5 years from the date of allotment
Infrastructure 0.42 0.00 Grand Total 100.00 12.46
apply. Please refer Page 104 to 113 for details. Kalpataru Projects
Fresh investments by investors including SIP / STP • Top Ten Holdings, £ Sponsor
International Ltd Construction 0.42 0.00
Hindustan Petroleum Petroleum Outstanding exposure in derivative instruments (` in Crore) 20.14
/ pledged / redeemed / switched out until Corp. Ltd. Products 0.39 0.00
completion of 5 years from the date of allotment Hedged position in Equity & Equity related instruments
Balrampur Chini Mills
completion of 60 years), whichever is earlier. Ltd. 0.37 0.00 Outstanding derivative exposure (% age) 12.46
(Note: No exit load) Alembic Pharmaceuticals Pharmaceuticals `
Limited 0.33 0.00
EXIT LOAD$$ : Power Grid Corporation
Existing investments by investors including SIP / STP
registrations, etc (until June 1, 2018): of India Ltd. Power 0.33 0.00
Exit Load Banks 0.32 0.00 Mr. Dhruv Muchhal (since June 22, 2023)
years) (Total Experience: Over 10 years).
Gateway Distriparks
Limited Transport Services 0.31 0.00
under the respective
Investment Plan(s):- Goodyear India Ltd. Auto Components 0.29 0.00 Page no. 101 to 103.
switched-out before completion of 60 years of age Global Health Limited Healthcare
Services 0.28 0.00
switched-out on or after attainment of 60 years of no. 104.
age. Lumax Industries Ltd Auto Components 0.27 0.00
The Anup Engineering Industrial
Limited Manufacturing 0.27 0.00
Insecticides (India) Ltd.
Agrochemicals 0.26 0.00
Note: No Exit Load shall be imposed for switching
between Investment Plan(s) and Plans/Options within Pharmaceuticals
the Investment Plan(s), subject to completion of lock- 0.21 0.00
in period. Investors are requested to note that Switch
is treated as redemption and entails tax consequences. PVR LIMITED Entertainment 0.19 0.00

NET EQUITY EXPOSURE:

25.63%

68 August 2024
 .....Contd from previous page
HDFC Retirement Savings Fund - Hybrid Debt Plan CATEGORY OF SCHEME
[An open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement
age (whichever is earlier)]

Equity 38.09
Equity 38.09 Sovereign 26.71
G-Sec 26.71 AAA/AAA(SO)/A1+/
Portfolio Credit Exposure 19.19
Portfolio
6.85
Cash, Cash AA+ 6.22
Asset Class (%) Equivalents and Rating Class (%) 6.12
Net Current Cash, Cash Equivalents
Assets 16.01 and Net Current Assets 16.01

KEY FACTS
SIP PERFORMANCE ^ - Regular Plan - Growth Option
Since Inception SIP 5 year SIP 3 year SIP 1 year SIP
Total Amount Invested (` in Lacs) 10.30 6.00 3.60 1.20
Mkt Value As on August 30, 2024 (` in Lacs) 15.28 7.77 4.28 1.30
Returns (%) 8.96 10.29 11.60 15.78
Benchmark Returns (%) # 8.90 8.88 9.47 12.62
Additional Benchmark Returns (%) ## 6.02 5.78 7.55 10.34
Assuming `
simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.

PERFORMANCE ^ - Regular Plan - Growth Option

Scheme Benchmark Value of ` 10,000 invested
Additional
Returns Returns Benchmark
Scheme (`) Benchmark Additional
Date Period (%) (%)# Returns
(%) ## (`)# Benchmark
(`)##
Aug 31, 23 Last 1 Year 13.89 11.69 8.82 11,389 11,169 10,882
Aug 31, 21 Last 3 Years 8.88 7.28 5.05 12,909 12,346 11,592
Aug 30, 19 Last 5 Years 9.48 8.97 5.28 15,733 15,371 12,939
Since Inception 9.04 9.40 6.56 20,888 21,496 17,177
Returns greater than 1 year period are compounded annualized (CAGR). Scheme performance may not strictly be comparable with that of its

^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into
consideration for computation of performance.

Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer

Benchmark (This product is suitable for (Current risk as per latest month
investors who are seeking ~) end portfolio)

HDFC • A corpus to provide for pension in

Retirement the form of income to the extent
rate Moderately
Savings Fund of the redemption value of their o Mode High Modera
w t erate Hi oderate High tely
holding after the age of 60 years. o M
- Hybrid Debt w t erate Hi
Mo Lo

gh
d

• Investment predominantly in debt

Mo Lo

gh

Plan
d

and money market instruments

Very
High
Low

Very
High
Low

BENCHMARK : related instruments. RISKOMETER

Investors understand that their principal will be at RISKOMETER
Composite Debt moderately high risk Investors understand that their principal will be at
moderately high risk
15:85 Index

Scheme and Benchmark Riskometer As on August 31, 2024

August 2024 69
HDFC Overnight Fund CATEGORY OF SCHEME
(An open ended debt scheme investing in overnight securities. A
Relatively Low Interest Rate Risk and Relatively Low Credit Risk)

INVESTMENT OBJECTIVE : To generate returns by investing in debt and money market instruments with overnight maturity. There is no assurance that the investment
objective of the Scheme will be achieved.

FUND MANAGER PORTFOLIO

Anil Bamboli ` 1,000, Data is as of August 31, 2024
(since July 30, 2012) Company Rating % to
Total Experience: Over 30 years NAV
DEBT & DEBT RELATED ^^Calculated on all calendar days.
DATE OF ALLOTMENT / INCEPTION DATE T-Bills
• 182 Days Tbill ISD 070324 MAT Page no. 101 to 103.
050924 Sovereign 2.24
• 182 Days TBill Mat 120924 Sovereign 1.62 no. 104.
NAV (AS ON AUGUST 31, 2024)^^ NAV PER UNIT (`) • 182 Days TBill ISD 210324 Mat
Regular Plan - Growth Option 3,617.4753 190924 Sovereign 1.56
Regular Plan - Daily IDCW • 182 Day Tbill Mat 260924 Sovereign 0.31
Reinvestment Option 1,042.8406 Sub Total 5.73
Direct Plan - Growth Option 3,650.0683
Direct Plan - Daily IDCW Cash,Cash Equivalents and Net Current Assets 94.27
Reinvestment Option 1,042.8432 Grand Total 100.00
• Top Ten Holdings
ASSETS UNDER MANAGEMENT
As on August 31, 2024
` 9,577.90 Cr.
Average for Month of August 2024 SIP PERFORMANCE ^ - Regular Plan - Growth Option
` 10,808.15 Cr. Since Inception 15 year 10 year 5 year 3 year 1 year
SIP SIP SIP SIP SIP SIP
QUANTITATIVE DATA Total Amount Invested (` in Lacs) 27.10 18.00 12.00 6.00 3.60 1.20
Residual Maturity * 3 days Mkt Value As on August 30, 2024 (` in Lacs) 55.72 28.24 15.67 6.87 3.95 1.24
Macaulay Duration * 3 days
Returns (%) 5.92 5.75 5.21 5.33 6.20 6.61
Annualized Portfolio YTM# * 6.67% Benchmark Returns (%) # N.A. 5.91 5.39 5.53 6.39 6.76
#
semi annual YTM has been annualised. Additional Benchmark Returns (%) ## 6.17 6.33 6.03 5.83 6.70 7.69
*Calculated on amount invested in debt securities Assuming `
(including accrued interest), deployment of funds
in TREPS and Reverse Repo and net receivable simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. SIP facility
/ payable. in the Scheme has been made available from November 12, 2020.

TOTAL EXPENSE RATIO (As on August 31, 2024) PERFORMANCE ^ - Regular Plan - Growth Option
Including Additional Expenses and Goods and Service
Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme (`) Benchmark Additional
Regular: 0.19% Direct: 0.10% Date Period (%) (%)# Returns
(%) ## (`)# Benchmark
(`)##
#BENCHMARK INDEX: Aug 24, 24 Last 7 days 6.27 6.48 6.29 10,012 10,012 10,012
CRISIL Liquid Overnight Index Aug 16, 24 Last 15 days 6.24 6.42 6.51 10,026 10,026 10,027
##ADDL. BENCHMARK INDEX: Jul 31, 24 Last 1 Month 6.22 6.38 7.23 10,053 10,054 10,061
CRISIL 1 year T-Bill Index Aug 31, 23 Last 1 Year 6.66 6.83 7.50 10,668 10,685 10,752
Aug 31, 21 Last 3 Years 5.52 5.72 5.67 11,749 11,816 11,803
Aug 30, 19 Last 5 Years 4.68 4.87 5.54 12,574 12,692 13,101
EXIT LOAD$$ :
Aug 31, 14 Last 10 Years 5.56 5.73 6.43 17,191 17,464 18,658
Nil Since Inception 5.86 NA 5.98 36,175 NA 37,083

expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission

^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into
consideration for computation of performance.

Portfolio Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer
Benchmark (This product is suitable for (Current risk as per latest month
Asset Class (%) investors who are seeking ~) end portfolio)

HDFC • Regular income over short term

rate Moderately
Overnight that may be in line with the o Mode High Modera
w t erate Hi oderate High tely
overnight call rates o M
Fund w t erate Hi
Mo Lo

gh
d

• To generate returns by investing

Mo Lo

gh
d

T-Bills 5.73
Very

in debt and money market

Low

High

BENCHMARK
Very

Cash, Cash Equivalents and Net Current Assets 94.27

Low

High

: CRISIL Liquid instruments with overnight

RISKOMETER
Overnight Index maturity RISKOMETER
Investors understand that their principal will be at
low risk Investors understand that their principal will be at
low risk

Potential Risk Class (Maximum risk the Scheme can take)

Portfolio
Relatively Low Moderate Relatively High
Rating Class (%) (Class A) (Class B) (Class C)
Relatively Low (Class I) A-I
Moderate (Class II)

Sovereign 5.73 Relatively High (Class III)

Cash, Cash Equivalents and Net Current Assets 94.27 A-I - A Scheme with Relatively Low Interest Rate Risk and Relatively Low Credit Risk.

Scheme and Benchmark Riskometer As on August 31, 2024

70 August 2024
 HDFC Liquid Fund CATEGORY OF SCHEME

(An open ended liquid scheme. A Relatively Low Interest Rate Risk and Moderate Credit Risk)

KEY FACTS
INVESTMENT OBJECTIVE : To generate income through a portfolio comprising money market and debt instruments. There is no assurance that the investment objective of the
Scheme will be achieved.

FUND MANAGER ¥ PORTFOLIO

Anupam Joshi
(since October 27, 2015) Company Rating % to Company Rating % to
Total Experience: Over 18 years NAV NAV
Swapnil Jangam DEBT & DEBT RELATED
Government Securities (Central/State) DEALERSHIP CRISIL - A1+ 0.77
(since October 6, 2022)
Total Experience: Over 13 years • 6.18 GOI 2024 Sovereign 5.79
GOI STRIPS - Mat 190924 Sovereign 0.07 Power Pvt. Ltd.) CRISIL - A1+ 0.77
GOI STRIPS - Mat 061124 Sovereign 0.02 Kotak Mahindra Prime Ltd. CRISIL - A1+ 0.77
DATE OF ALLOTMENT / INCEPTION DATE
GOI STRIPS - Mat 120924 Sovereign 0.02 Reliance Industries Ltd. CRISIL - A1+ 0.77
October 17, 2000 8.73% Karnataka SDL Mat 291024 Sovereign 0.01 CARE - A1+ 0.77
Sub Total 5.91 The Tata Power Company Ltd. CRISIL - A1+ 0.77
NAV (AS ON AUGUST 31, 2024)^^ NAV PER UNIT (`) T-Bills ONGC Petro additions Ltd. (OPAL)
Regular Plan - Growth Option 4,838.1535 • 91 Days TBill ISD 040724 Mat (Put on ONGC Ltd.) CRISIL - A1+ 0.62
Regular Plan - Daily IDCW 031024 Sovereign 9.91 CRISIL - A1+ 0.54
Reinvestment Option 1,020.0101 • 91 Days Tbill MAT 181024 Sovereign 4.59
Regular Plan - Weekly IDCW Option 1,031.9642 Indian Oil Corporation Ltd. ICRA - A1+ 0.54
Regular Plan - Monthly IDCW Option 1,027.2304 91 Days Tbill MAT 311024 Sovereign 0.85 Godrej Industries Ltd. CRISIL - A1+ 0.48
Direct Plan - Growth Option 4,886.9239 182 Days TBill ISD 210324 Mat
Direct Plan - Daily IDCW 1,020.0124 Aditya Birla Money Limited CRISIL - A1+ 0.44
190924 Sovereign 0.71
Reinvestment Option CRISIL - A1+ 0.38
Direct Plan - Weekly IDCW Option 1,031.9757 364 Days Tbill MAT 311024 Sovereign 0.49
Julius Baer Capital (India) Pvt. Ltd. CRISIL - A1+ 0.31
Direct Plan - Monthly IDCW Option 1,027.2418 91 Days Tbill MAT 101024 Sovereign 0.46
Tata Consumer Products Limited CARE - A1+ 0.31
182 Day Tbill Mat 011124 Sovereign 0.38
TATA POWER RENEWABLE ENERGY
ASSETS UNDER MANAGEMENT 364 Days TBill Mat 241024 Sovereign 0.15 LTD. CRISIL - A1+ 0.31
As on August 31, 2024 Sub Total 17.54
` 64,247.80 Cr. Credit Exposure (Non Perpetual) CRISIL - A1+ 0.25
Average for Month of August 2024
CRISIL - AAA 1.17 Bharti Hexacom Limited CRISIL - A1+ 0.22
` 66,298.43 Cr.
REC Limited. CRISIL - AAA 1.15 CRISIL - A1+ 0.15
QUANTITATIVE DATA Tata Teleservices Ltd. CRISIL - A1+ 0.15
Residual Maturity * 43 days Tata Motors Ltd.) CRISIL - AA+ 0.49
Macaulay Duration * 42 days CRISIL - AAA 0.40 Services (India) Ltd. CRISIL - A1+ 0.07
39 days
Annualized Portfolio YTM# * 7.14% CRISIL - AAA 0.31
Bharti Telecom Limited CRISIL - AA+ 0.23 CRISIL - A1+ 0.04
#
semi annual YTM has been annualised.
Larsen and Toubro Ltd. CRISIL - AAA 0.19 Sub Total 47.70
*Calculated on amount invested in debt securities
(including accrued interest), deployment of funds CRISIL - AAA 0.18 CD
in TREPS and Reverse Repo and net receivable CRISIL - AAA 0.16 • IND - A1+ 6.20
/ payable. Tata Capital Ltd. ICRA - AAA 0.14 • Bank of Baroda IND - A1+ 6.10
Kotak Mahindra Prime Ltd. CRISIL - AAA 0.09 • Punjab National Bank CARE - A1+ / ICRA -
TOTAL EXPENSE RATIO (As on August 31, 2024) A1+ / IND - A1+ 6.09
ICRA - AAA 0.09
Including Additional Expenses and Goods and Service • IDBI Bank Limited CRISIL - A1+ 5.04
Ltd IND - AA+ 0.08 ICRA - A1+ 1.77
Regular: 0.28% Direct: 0.20% Indusind Bank Ltd. CRISIL - A1+ 1.55
ICRA - AA+ 0.04 Indian Bank CRISIL - A1+ 1.52
#BENCHMARK INDEX: Sub Total 4.72 Canara Bank CRISIL - A1+ 1.01
CRISIL Liquid Debt A-I Index Total 28.17 Axis Bank Ltd. CRISIL - A1+ 0.97
##ADDL. BENCHMARK INDEX: MONEY MARKET INSTRUMENTS RBL Bank Ltd. ICRA - A1+ 0.77
CRISIL 1 year T-Bill Index CP Bank of Maharashtra CRISIL - A1+ 0.76
• CRISIL - A1+ / ICRA Sub Total 31.78
EXIT LOAD$$ : - A1+ 4.64 Total 79.48
• On investments made on or before October 19, 2019: • Reliance Retail ventures Ltd. CRISIL - A1+ 4.35
NIL Alternative Investment Fund Units
• On investments (including through existing systematic • Tata Steel Ltd. CRISIL - A1+ 3.10 0.24
plan registrations) made on or after October 20,
2019, as follows: Reliance Jio Infocomm Ltd. CRISIL - A1+ 3.06 Sub Total 0.24
Cash,Cash Equivalents and Net Current Assets -7.89
Exit load as a Services Ltd. CRISIL - A1+ 2.69
switched-out within “X” % of Grand Total 100.00
redemption
Export - Import Bank of India CRISIL - A1+ 2.48
days from the date of • Top Ten Holdings
allotment proceeds CARE - A1+ 2.47
ICICI Securities Ltd CRISIL - A1+ 2.23 `
Day 1 0.0070% ICRA - A1+ 2.04 Commercial Papers. Data is as of August 31, 2024 unless otherwise
Day 2 0.0065%
Kotak Securities Ltd. CRISIL - A1+ 1.70
Day 3 0.0060%
Day 4 0.0055%
CRISIL - A1+ 1.54
Larsen and Toubro Ltd. CRISIL - A1+ 1.53 Mr. Dhruv Muchhal (since June 22, 2023)
Day 5 0.0050% (Total Experience: Over 10 years).
Day 6 0.0045% CRISIL - A1+ 1.48
Day 7 onwards Nil Tata Communications Limited CRISIL - A1+ 0.93
aggregating to ` 779.64 Crores.
SBICap Securities Limited CRISIL - A1+ 0.92
^^Calculated on all calendar days.
CRISIL - A1+ 0.78
NTPC Limited CRISIL - A1+ 0.78 Page no. 101 to 103.
Small Industries Development
Bank CARE - A1+ 0.78
AXIS Securities Limited CRISIL - A1+ 0.77 no. 104.

....Contd on next page

August 2024 71
 .....Contd from previous page

HDFC Liquid Fund CATEGORY OF SCHEME

(An open ended liquid scheme. A Relatively Low Interest Rate Risk and Moderate Credit Risk)

Portfolio Portfolio

Asset Class (%) Rating Class (%)

Sovereign 23.45
G-Sec, G-Sec STRIPS, SDL, T-Bills 23.45 83.36
CP 47.70 AA+ 0.84
CD 31.78 0.24
Credit Exposure 4.72 Cash, Cash Equivalents and Net Current Assets -7.89
0.24
Cash, Cash Equivalents and Net Current Assets -7.89

SIP PERFORMANCE ^ - Regular Plan - Growth Option

Since Inception 15 year 10 year 5 year 3 year 1 year
SIP SIP SIP SIP SIP SIP
Total Amount Invested (` in Lacs) 28.70 18.00 12.00 6.00 3.60 1.20
Mkt Value As on August 30, 2024 (` in Lacs) 69.44 30.02 16.18 6.94 3.98 1.25
Returns (%) 6.75 6.50 5.82 5.77 6.71 7.33
Benchmark Returns (%) # N.A. 6.59 6.03 6.02 6.89 7.41
Additional Benchmark Returns (%) ## 6.16 6.33 6.03 5.83 6.70 7.69
Assuming `
simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. SIP facility
in the Scheme has been made available from November 12, 2020.

PERFORMANCE ^ - Regular Plan - Growth Option

Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme (`) Benchmark Additional
Date Period (%) (%)# Returns
(%) ## (`)# Benchmark
(`)##
Aug 24, 24 Last 7 days 6.61 6.80 6.29 10,013 10,013 10,012
Aug 16, 24 Last 15 days 6.71 6.88 6.51 10,028 10,028 10,027
Jul 31, 24 Last 1 Month 6.76 6.86 7.23 10,057 10,058 10,061
Aug 31, 23 Last 1 Year 7.29 7.32 7.50 10,731 10,734 10,752
Aug 31, 21 Last 3 Years 5.91 6.06 5.67 11,882 11,931 11,803
Aug 31, 19 Last 5 Years 5.14 5.31 5.54 12,853 12,955 13,099
Aug 31, 14 Last 10 Years 6.30 6.34 6.43 18,433 18,508 18,658
Oct 17, 00 Since Inception 6.82 NA 6.25 48,382 NA 42,540

^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into
consideration for computation of performance.

than what may ordinarily be expected considering only its duration. Hence investors are recommended to consider the unadjusted portfolio
maturity of the scheme as well and exercise adequate due diligence when deciding to make their investments.

Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer

Benchmark (This product is suitable for (Current risk as per latest month
investors who are seeking ~) end portfolio)

HDFC Liquid • Regular income over short term Modera

oderate High tely
Fund • To generate income through o M rate Moderately
w t erate Hi Mode High
a portfolio comprising money o
w t erate Hi
Mo Lo

gh
d

market and debt instruments

Mo Lo

BENCHMARK
gh
d
Very
High
Low

: CRISIL Liquid
Very
High
Low

Debt A-I Index RISKOMETER

Investors understand that their principal will be at RISKOMETER
moderate risk Investors understand that their principal will be at
low to moderate risk
Potential Risk Class (Maximum risk the Scheme can take)
Relatively Low Moderate Relatively High
(Class A) (Class B) (Class C)
Relatively Low (Class I) B-I
Moderate (Class II)
Relatively High (Class III)
B-I - A Scheme with Relatively Low Interest Rate Risk and Moderate Credit Risk.

Scheme and Benchmark Riskometer As on August 31, 2024

72 August 2024
 HDFC Ultra Short Term Fund
[An open ended ultra-short term debt scheme investing in instruments such that the Macaulay
CATEGORY OF SCHEME

Duration). A Moderate Interest Rate Risk and Moderate Credit Risk]

KEY FACTS
INVESTMENT OBJECTIVE : To generate income / capital appreciation through investment in debt securities and money market instruments. There is no assurance that the
investment objective of the Scheme will be achieved.

FUND MANAGER ¥ PORTFOLIO

Anil Bamboli
(since September 25, 2018) Issuer Rating % to Issuer Rating % to
Total Experience: Over 30 years NAV NAV
DEBT & DEBT RELATED CRISIL - AAA 0.07
Praveen Jain Government Securities (Central/State) Sub Total 39.07
(w.e.f. August 31, 2024) 7.52% Gujarat SDL - Mat 080325 Sovereign 1.04 Total 48.52
Total Experience: Over 19 years 8.87% Himachal Pradesh SDL Mat 161024 Sovereign 0.90 MONEY MARKET INSTRUMENTS
6.18 GOI 2024 Sovereign 0.69 CP
8.06% Andhra Pradesh SDL - Mat 250225 Sovereign 0.35 • Small Industries Development Bank CARE - A1+ 2.65
DATE OF ALLOTMENT / INCEPTION DATE 8.06% Rajasthan SDL Mat 110225 Sovereign 0.35 Birla Group Holdings Pvt. Ltd. CRISIL - A1+ 2.16
Sovereign 0.34 ICICI Securities Ltd CRISIL - A1+ 1.98
September 25, 2018 Sovereign 0.26 Tata Teleservices Ltd. CRISIL - A1+ 1.95
9.15 GOI 2024 Sovereign 0.23 Kotak Securities Ltd. CRISIL - A1+ 1.32
Sovereign 0.21 Larsen and Toubro Ltd. CRISIL - A1+ 1.00
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) GOI STRIPS - Mat 161224 Sovereign 0.21 CRISIL - A1+ 1.00
GOI STRIPS - Mat 120325 Sovereign 0.20 CARE - A1+ / CRISIL - A1+ 0.84
Regular Plan - Growth Option 14.2624 7.89% Gujarat SDL - Mat 150525 Sovereign 0.17 CRISIL - A1+ 0.70
Regular Plan - Daily IDCW Sovereign 0.13 SHAREKHAN LIMITED CRISIL - A1+ 0.67
Reinvestment Option 10.1030 8.10% Tamil Nadu SDL - Mat 110325 Sovereign 0.07 Tata Teleservices (Maharashtra) Ltd. CRISIL - A1+ 0.40
Regular Plan - Weekly IDCW Option 10.0563 GOI STRIPS - Mat 151224 Sovereign 0.02 CRISIL - A1+ 0.34
Regular Plan - Monthly IDCW Option 10.1563 Sovereign 0.01 Bahadur Chand Investments Pvt. Ltd. CARE - A1+ 0.33
Sub Total 5.18 CRISIL - A1+ 0.33
Direct Plan - Growth Option 14.5308 T-Bills ICRA - A1+ 0.24
Direct Plan - Daily IDCW 10.0920 182 Day Tbill ISD 290824 Mat 270225 Sovereign 1.33 Sub Total 15.91
Reinvestment Option 182 Days Tbill MAT 090125 Sovereign 1.01 CD
Direct Plan - Weekly IDCW Option 10.0566 182 Days Tbill MAT 221124 Sovereign 0.78 • Small Industries Development Bank CARE - A1+ 5.56
Direct Plan - Monthly IDCW Option 10.0567 182 Days TBill Mat 051224 Sovereign 0.34 • CRISIL - A1+ / IND - A1+ 4.97
364 Days TBill Mat 060225 Sovereign 0.33 • Canara Bank CRISIL - A1+ 3.84
ASSETS UNDER MANAGEMENT 182 Days TBill Mat 141124 Sovereign 0.31 • Punjab National Bank CARE - A1+ / CRISIL - A1+ /
As on August 31, 2024 364 DAYS T-BILL MAT 051224 Sovereign 0.17 ICRA - A1+ 3.47
Sub Total 4.27 • Bank of Baroda IND - A1+ 3.33
` 14,543.31 Cr. Credit Exposure (Non Perpetual) Axis Bank Ltd. CRISIL - A1+ 2.52
Average for Month of August 2024 • CRISIL - AAA / ICRA - AAA 5.62 CRISIL - A1+ 2.47
• CRISIL - AAA 4.47 Kotak Mahindra Bank Limited CRISIL - A1+ 1.67
` 14,619.45 Cr. • CRISIL - AAA 3.76 CRISIL - A1+ / ICRA - A1+ /
• Bharti Telecom Limited CRISIL - AA+ 2.71 IND - A1+ 1.17
QUANTITATIVE DATA REC Limited. CRISIL - AAA 2.50 CRISIL - A1+ / IND - A1+ 0.99
Residual Maturity * 158 days CRISIL - AAA 2.07 Bank of India CRISIL - A1+ 0.99
Macaulay Duration * 155 days CRISIL - AAA 2.06 ICICI Bank Ltd. ICRA - A1+ 0.32
CRISIL - AAA 1.89 Sub Total 31.30
Annualized Portfolio YTM# * 7.62% CRISIL - AA+ 1.85 Total 47.21
#
semi annual YTM has been annualised. ICRA - AAA(SO) 1.24 Alternative Investment Fund Units
*Calculated on amount invested in debt securities CARE - AAA / ICRA - AA+ 1.23 0.24
(including accrued interest), deployment of funds in ICRA - AAA 1.17 Sub Total 0.24
TREPS and Reverse Repo and net receivable / payable. Larsen and Toubro Ltd. CRISIL - AAA 1.10 Cash,Cash Equivalents and Net Current Assets 4.03
Small Industries Development Bank CARE - AAA 1.09 Grand Total 100.00
TOTAL EXPENSE RATIO (As on August 31, 2024) CRISIL - AAA 1.03 • Top Ten Holdings
CARE - AAA 0.86
Including Additional Expenses and Goods and Service TATA Housing Development Co Ltd. CARE - AA 0.52
Vajra 004 Trust CRISIL - AAA(SO) 0.40 Outstanding exposure in derivative
CRISIL - AA+ 0.34 instruments Interest Rate Swap (` in Crore) 450.00
Regular: 0.69% Direct: 0.37% CRISIL - AAA(CE) 0.34
IND - AA+ 0.34 `
Sikka Port and Terminal Ltd. (erstwhile
Reliance Ports and Terminals Ltd.) CRISIL - AAA 0.34
#BENCHMARK INDEX: Titan Company Ltd. CRISIL - AAA 0.34
Vajra 006 Trust ICRA - AAA(SO) 0.34 Mr. Dhruv Muchhal (since June 22, 2023)
##ADDL. BENCHMARK INDEX: CRISIL - AAA 0.31 (Total Experience: Over 10 years).
CRISIL - AA+ 0.31
CRISIL 1 year T-Bill Index National Housing Bank CRISIL - AAA 0.21
ICRA - AA 0.17 Page no. 101 to 103.
EXIT LOAD$$ : The Tata Power Company Ltd. CARE - AA+ 0.17
Power Grid Corporation of India Ltd. CRISIL - AAA 0.14
Nil no. 104.
CRISIL - AAA 0.08

SIP PERFORMANCE ^ - Regular Plan - Growth Option

Since Inception SIP 5 year SIP 3 year SIP 1 year SIP
Portfolio Total Amount Invested (` in Lacs) 7.20 6.00 3.60 1.20
Mkt Value As on August 30, 2024 (` in Lacs) 8.62 6.97 3.98 1.25
Asset Class (%) Returns (%) 5.95 5.93 6.68 7.38
Benchmark Returns (%) # 6.50 6.55 7.37 8.00
Additional Benchmark Returns (%) ## 5.82 5.83 6.70 7.69
Assuming `
G-Sec, G-Sec STRIPS, SDL, T-Bills 9.45
Securitized Debt Instruments 1.98 simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
CP 15.91
CD 31.30 PERFORMANCE ^ - Regular Plan - Growth Option
Credit Exposure 37.09 Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme (`) Benchmark Additional
0.24 Date Period (%) (%)# Returns
Cash, Cash Equivalents and Net Current Assets 4.03 (%) ## (`)# Benchmark
(`)##
Aug 31, 23 Last 1 Year 7.24 7.59 7.50 10,724 10,759 10,750
Aug 31, 21 Last 3 Years 5.81 6.25 5.67 11,846 11,993 11,801
Aug 30, 19 Last 5 Years 5.68 5.88 5.54 13,186 13,311 13,099
Portfolio Sep 25, 18 Since Inception 6.17 6.32 6.03 14,262 14,386 14,158

Rating Class (%)

of Direct Plan, refer page 109 to 115.
^Past performance may or may not be sustained in future and is not a guarantee of any future returns.
Sovereign 9.45 Load is not taken into consideration for computation of performance.
79.36
AA+ 6.23
AA/AA- 0.69
0.24 than what may ordinarily be expected considering only its duration. Hence investors are recommended to consider the unadjusted portfolio
Cash, Cash Equivalents and Net Current Assets 4.03 maturity of the scheme as well and exercise adequate due diligence when deciding to make their investments.

August 2024 73
HDFC Ultra Short Term Fund
[An open ended ultra-short term debt scheme investing in instruments such that the Macaulay
CATEGORY OF SCHEME

Duration). A Moderate Interest Rate Risk and Moderate Credit Risk]

Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer

Benchmark (This product is suitable for (Current risk as per latest month
investors who are seeking ~) end portfolio)

HDFC Ultra • Income over short term

rate Moderately
Short Term • Income/capital appreciation o Mode High Modera
w t erate Hi oderate High tely
through investment in debt o M
Fund w t erate Hi

Mo Lo

gh
d
securities and money market

Mo Lo

gh
d
Very
instruments

High
Low
BENCHMARK

Very
High
Low
: RISKOMETER
Short Duration Investors understand that their principal will be at RISKOMETER
Debt A-I Index low to moderate risk Investors understand that their principal will be at
low to moderate risk

Potential Risk Class (Maximum risk the Scheme can take)

Relatively Low Moderate Relatively High
(Class A) (Class B) (Class C)
Relatively Low (Class I)
Moderate (Class II) B-II
Relatively High (Class III)
B-II - A Scheme with Moderate Interest Rate Risk and Moderate Credit Risk.

Scheme and Benchmark Riskometer As on August 31, 2024

74 August 2024
 HDFC Low Duration Fund
[An open ended low duration debt scheme investing in instruments such that the Macaulay
CATEGORY OF SCHEME

Macaulay Duration). A Relatively High Interest Rate Risk and Moderate Credit Risk]
INVESTMENT OBJECTIVEKEY : To generate income / capital appreciation through investment in debt securities and money market instruments. There is no assurance that the
FACTS
investment objective of the Scheme will be achieved.
FUND MANAGER ¥
Anupam Joshi PORTFOLIO
(since October 27, 2015)
Total Experience: Over 18 years
Issuer Rating % to NAV Issuer Rating % to NAV
Praveen Jain DEBT & DEBT RELATED Mahanagar Telephone Nigam Ltd.
(since October 6, 2022)
Total Experience: Over 19 years Government Securities (Central/State) (Corporate guarantee from Govt
• Sovereign 7.18 of India) CRISIL - AAA(CE) 0.28
GOI 2031 Sovereign 2.84 Nuvoco Vistas Corporation Ltd.
DATE OF ALLOTMENT / INCEPTION DATE GOI 2028 Sovereign 2.80
November 18, 1999 6.82% Bihar SDL - ISD 140721 Mat erstwhile Lafarge India Ltd.) CRISIL - AA 0.28
140728 Sovereign 0.52
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) Power Pvt. Ltd.) CRISIL - AAA 0.27
310326 Sovereign 0.14
Regular Plan - Growth Option 54.2725 TVS Credit Services Ltd ICRA - AA 0.26
Regular Plan - Daily IDCW 220327 Sovereign 0.02
Reinvestment Option 10.1428 Co. Ltd. ICRA - AA- 0.24
Regular Plan - Weekly IDCW Option 10.0663 GOI STRIPS - Mat 170627 Sovereign 0.02
GOI STRIPS - Mat 171226 Sovereign 0.02 Godrej Industries Ltd. CRISIL - AA 0.14
Regular Plan - Monthly IDCW Option 10.1463
Direct Plan - Growth Option 58.5732 GOI STRIPS - Mat 171227 Sovereign 0.02
Direct Plan - Daily IDCW 10.0655 7.84% Maharashtra SDL MAT Corporation Ltd. CARE - AAA 0.14
Reinvestment Option 130726 Sovereign 0.01 Nomura Capital India Pvt. Ltd. IND - AAA 0.14
Direct Plan - Weekly IDCW Option 10.0670 Sub Total 13.57 Sub Total 68.45
Direct Plan - Monthly IDCW Option 10.1495 Credit Exposure (Non Perpetual) Total 82.02
• CRISIL - AAA / ICRA MONEY MARKET INSTRUMENTS
ASSETS UNDER MANAGEMENT Dev. - AAA 9.29 CP
As on August 31, 2024 • Small Industries Development CARE - AAA / CRISIL CRISIL - A1+ 1.46
` 17,940.45 Cr. Bank - AAA 8.70 SHAREKHAN LIMITED CARE - A1+ 0.82
Average for Month of August 2024 • CRISIL - AAA 7.52 Sub Total 2.28
` 18,151.19 Cr. • REC Limited. CARE - AAA / CRISIL - CD
AAA / ICRA - AAA 6.25 • Punjab National Bank ICRA - A1+ / IND
QUANTITATIVE DATA • CRISIL - AAA 4.03 - A1+ 3.76
Residual Maturity * 1.95 years • Bharti Telecom Limited CRISIL - AA+ 3.68 • Indusind Bank Ltd. CRISIL - A1+ 3.55
Macaulay Duration * 0.89 year • CRISIL - AAA 3.14 Axis Bank Ltd. CRISIL - A1+ 1.90
year Titan Company Ltd. CRISIL - AAA 2.79 IND - A1+ 1.62
Annualized Portfolio YTM# * 7.92% CRISIL - AAA 1.82 Canara Bank CRISIL - A1+ 1.48
#
semi annual YTM has been annualised. Sansar Trust July 2023 II CRISIL - AAA(SO) 1.70 CRISIL - A1+ 0.67
*Calculated on amount invested in debt securities ICRA - AAA 1.39 Bank of India CRISIL - A1+ 0.54
(including accrued interest), deployment of funds in Indus Towers Limited CRISIL - AA+ 1.39 Sub Total 13.52
TREPS and Reverse Repo and net receivable / payable. Total 15.80
Ltd CRISIL - AAA 1.31 Alternative Investment Fund Units
TOTAL EXPENSE RATIO (As on August 31, 2024) Larsen and Toubro Ltd. CRISIL - AAA 1.11 0.27
Including Additional Expenses and Goods and Service CRISIL - AA 0.99 Sub Total 0.27
ONGC Petro additions Ltd. (OPAL) CARE - AAA(CE) / Cash,Cash Equivalents and Net Current Assets 1.91
Regular: 1.04% Direct: 0.45% (Put on ONGC Ltd.) CRISIL - AA 0.85 Grand Total 100.00
CRISIL - AA / ICRA • Top Ten Holdings, £ Sponsor
- AA 0.84
#BENCHMARK INDEX: CRISIL - AAA 0.84
Nifty Low Duration Debt Index A-I Outstanding exposure in derivative
National Housing Bank CRISIL - AAA 0.83 instruments Interest Rate Swap (` in Crore) 900.00
##ADDL. BENCHMARK INDEX: CRISIL - AAA 0.82
CRISIL 1 year T-Bill Index `
Tata Motors Ltd.) CRISIL - AA+ 0.66
EXIT LOAD$$ :
Nil Company Ltd CARE - AAA 0.56 Mr. Dhruv Muchhal (since June 22, 2023) (Total Experience: Over 10 years).
ICRA - AA 0.55
Tata Projects Ltd. IND - AA 0.47 to ` 192.16 Crores.

PETROCHEMICA CARE - AAA 0.44

CRISIL - AAA / ICRA
Portfolio - AAA 0.42
IND - AAA 0.42
Asset Class (%) Pipeline Infrastructure Pvt. Ltd. CRISIL - AAA 0.42
ICRA - AA 0.41
Kalpataru Projects International
Ltd CRISIL - AA 0.41
ICRA - AA+ 0.39
G-Sec, G-Sec STRIPS, SDL 13.57 Kotak Mahindra Investments Ltd. CRISIL - AAA 0.39
Securitized Debt Instruments 1.70
CP 2.28 Ltd. CRISIL - AAA 0.36
CD 13.52 Tata Capital Ltd. CRISIL - AAA 0.33
Credit Exposure 66.75 CRISIL - AAA 0.31
0.27 Kotak Mahindra Prime Ltd. CRISIL - AAA 0.31
Cash, Cash Equivalents and Net Current Assets 1.91 Export - Import Bank of India CRISIL - AAA 0.28
LIMITED CRISIL - AA 0.28

Portfolio
SIP PERFORMANCE ^ - Regular Plan - Growth Option
Rating Class (%)
Since Inception 15 year 10 year 5 year 3 year 1 year
SIP SIP SIP SIP SIP SIP
Total Amount Invested (` in Lacs) 29.80 18.00 12.00 6.00 3.60 1.20
Mkt Value As on August 30, 2024 (` in Lacs) 77.25 30.93 16.68 6.99 3.98 1.25
Sovereign 13.57 Returns (%) 6.96 6.86 6.41 6.07 6.67 7.43
72.55 Benchmark Returns (%) # N.A. 7.31 6.77 6.54 7.30 7.97
AA+ 6.12 Additional Benchmark Returns (%) ## 6.17 6.33 6.03 5.83 6.70 7.69
Assuming `
AA/AA- 5.58
0.27 simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
Cash, Cash Equivalents and Net Current Assets 1.91
August 2024 75
HDFC Low Duration Fund
[An open ended low duration debt scheme investing in instruments such that the Macaulay
CATEGORY OF SCHEME

Macaulay Duration). A Relatively High Interest Rate Risk and Moderate Credit Risk]

PERFORMANCE ^ - Regular Plan - Growth Option

Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme (`) Benchmark Additional
Date Period (%) (%)# Returns
(%) ## (`)# Benchmark
(`)##
Aug 31, 23 Last 1 Year 7.15 7.41 7.50 10,715 10,741 10,750
Aug 31, 21 Last 3 Years 5.69 5.83 5.67 11,808 11,854 11,801
Aug 30, 19 Last 5 Years 6.03 5.72 5.54 13,408 13,211 13,099
Aug 28, 14 Last 10 Years 6.78 6.86 6.42 19,292 19,427 18,654
Nov 18, 99 Since Inception 7.06 NA 6.33 54,273 NA 45,773

The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular

^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into
consideration for computation of performance.

than what may ordinarily be expected considering only its duration. Hence investors are recommended to consider the unadjusted portfolio
maturity of the scheme as well and exercise adequate due diligence when deciding to make their investments.

Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer

Benchmark (This product is suitable for (Current risk as per latest month
investors who are seeking ~) end portfolio)

HDFC Low • Income over short term.

rate Moderately
Duration • To generate income / capital o Mode High Modera
w t erate Hi oderate High tely
appreciation through investment o M
Fund w t erate Hi
Mo Lo

gh
d

in debt securities and money

Mo Lo

gh
d
Very

market instruments
High
Low

BENCHMARK

Very
High
Low

: Nifty Low RISKOMETER

Duration Debt Investors understand that their principal will be at RISKOMETER
Index A-I low to moderate risk Investors understand that their principal will be at
low to moderate risk

Potential Risk Class (Maximum risk the Scheme can take)

Relatively Low Moderate Relatively High
(Class A) (Class B) (Class C)
Relatively Low (Class I)
Moderate (Class II)
Relatively High (Class III) B-III
B-III - A Scheme with Relatively High Interest Rate Risk and Moderate Credit Risk.

Scheme and Benchmark Riskometer As on August 31, 2024

76 August 2024
 HDFC Money Market Fund
(An open ended debt scheme investing in money market instruments.
CATEGORY OF SCHEME

A Relatively Low Interest Rate Risk and Moderate Credit Risk)

INVESTMENT OBJECTIVEKEY FACTS

: To generate income / capital appreciation by investing in money market instruments. There is no assurance that the investment objective of the
Scheme will be achieved.

FUND MANAGER ¥ PORTFOLIO

Praveen Jain
(w.e.f. August 31, 2024)
Total Experience: Over 19 years Issuer Rating % to Issuer Rating % to
NAV NAV
DEBT & DEBT RELATED CARE - A1+ /
DATE OF ALLOTMENT / INCEPTION DATE Government Securities (Central/State) CRISIL - A1+ 0.76
November 18, 1999 Sovereign 0.84 CRISIL - A1+ 0.75
8.09% Andhra Pradesh SDL MAT ICRA - A1+ 0.67
280125 Sovereign 0.75 CRISIL - A1+ 0.67
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) 7.38% Madhya Pradesh SDL Mat CRISIL - A1+ 0.52
Regular Plan - Growth Option 5366.1476 150325 Sovereign 0.70 CRISIL - A1+ 0.51
Regular Plan - Daily IDCW 8.06% Andhra Pradesh SDL - Mat
Reinvestment Option 1063.6400 AXIS Securities Limited CRISIL - A1+ 0.34
Regular Plan - Weekly IDCW Option 1063.1035 250225 Sovereign 0.53
Bahadur Chand Investments Pvt. Ltd. CARE - A1+ 0.34
Direct Plan - Growth Option 5464.4471 5.95% Tamil Nadu SDL - Mat 130525 Sovereign 0.40
CRISIL - A1+ 0.34
Direct Plan - Daily IDCW 5.80% Maharashtra SDL MAT
Reinvestment Option 1063.6400 020225 Sovereign 0.35 CRISIL - A1+ 0.33
Direct Plan - Weekly IDCW Option 1063.1219 6.18 GOI 2024 Sovereign 0.35 CRISIL - A1+ 0.25
8.14% Gujarat SDL MAT 140125 Sovereign 0.28 CRISIL - A1+ 0.17
ASSETS UNDER MANAGEMENT 7.26% Karnataka SDL Mat 040125 Sovereign 0.21
As on August 31, 2024 (India) Ltd. CRISIL - A1+ 0.17
` 28,725.36 Cr. 8.05% Karnataka SDL Mat 250225 Sovereign 0.12
Tata Projects Ltd. CRISIL - A1+ 0.17
Average for Month of August 2024 6.69% Madhya Pradesh MAT 170325 Sovereign 0.10
CRISIL - A1+ 0.16
` 28,492.19 Cr. 8.05% Haryana SDL Mat 250225 Sovereign 0.09
Sub Total 31.03
8.05% Gujarat SDL - Mat 250225 Sovereign 0.04
CD
QUANTITATIVE DATA 8.07% Tamil Nadu SDL MAT 280125 Sovereign 0.03
• Punjab National Bank CARE - A1+ /
Residual Maturity * 167 days 8.24% Maharashtra SDL Mat 241224 Sovereign 0.03 CRISIL - A1+ /
Macaulay Duration * 166 days 8.07% Tamil Nadu SDL MAT 110225 Sovereign 0.02 ICRA - A1+ /
155 days IND - A1+ 7.22
Annualized Portfolio YTM# * 7.52% 8.08% Haryana SDL - Mat 280125 Sovereign 0.02
8.13% Maharashtra SDL MAT 140125 Sovereign 0.02 • CRISIL - A1+ /
#
semi annual YTM has been annualised. IND - A1+ 5.84
*Calculated on amount invested in debt securities Sub Total 4.88
• Axis Bank Ltd. CRISIL - A1+ 5.75
(including accrued interest), deployment of funds T-Bills
• Canara Bank CRISIL - A1+ 5.22
in TREPS and Reverse Repo and net receivable 364 Days TBill ISD 140324 Mat
130325 Sovereign 1.85 • CRISIL - A1+ /
/ payable. ICRA - A1+ /
182 Days TBill Mat 141124 Sovereign 1.03 IND - A1+ 5.12
TOTAL EXPENSE RATIO (As on August 31, 2024) 182 Day Tbill Mat 191224 Sovereign 0.94 • Bank of Baroda CRISIL - A1+ /
Including Additional Expenses and Goods and Service 364 Days Tbill MAT 300125 Sovereign 0.83 IND - A1+ 4.63
182 Days Tbill MAT 261224 Sovereign 0.68 • CRISIL - A1+ 4.55
Regular: 0.39% Direct: 0.23% 364 Days TBill Mat 130225 Sovereign 0.64 • Small Industries Development Bank CARE - A1+ 3.92
182 Days Tbill MAT 221124 Sovereign 0.39 • Indusind Bank Ltd. CRISIL - A1+ 3.52
#BENCHMARK INDEX: 182 Days TBill Mat 051224 Sovereign 0.34 Kotak Mahindra Bank Limited CRISIL - A1+ 2.27
CRISIL Money Market A-I Index 182 Days Tbill MAT 071124 Sovereign 0.34 CRISIL - A1+ 1.34
##ADDL. BENCHMARK INDEX: 182 Days Tbill MAT 121224 Sovereign 0.34 Bank of India CRISIL - A1+ 1.18
CRISIL 1 year T-Bill Index 182 Days Tbill MAT 200225 Sovereign 0.34 ICRA - A1+ 1.17
182 Days Tbill MAT 300125 Sovereign 0.34 CRISIL - A1+ /
EXIT LOAD$$ : 364 Days Tbill MAT 060325 Sovereign 0.34 IND - A1+ 1.01
Nil 364 Days TBILL Mat 160125 Sovereign 0.34 Indian Bank CRISIL - A1+ 0.84
182 Day Tbill ISD 290824 Mat ICICI Bank Ltd. ICRA - A1+ 0.82
270225 Sovereign 0.17 DBS Bank Ltd - Debt CRISIL - A1+ 0.42
364 DAYS T-BILL MAT 051224 Sovereign 0.14 Sub Total 54.82
364 Days Tbill MAT 071124 Sovereign 0.09 Total 85.85
Portfolio 364 Days Tbill MAT 121224 Sovereign 0.09 Alternative Investment Fund Units
Sub Total 9.23 0.21
Asset Class (%) Total 14.11 Sub Total 0.21
MONEY MARKET INSTRUMENTS Cash,Cash Equivalents and Net Current Assets -0.17
CP Grand Total 100.00
• CRISIL - A1+ 3.62
• Top Ten Holdings
CRISIL - A1+ 2.87
G-Sec, SDL, T-Bills 14.11 Standard Chartered Capital Limited CRISIL - A1+ 2.36 `
CP 31.03 - Commercial Papers. Data is as of August 31, 2024 unless
Small Industries Development Bank CARE - A1+ 1.93
CD 54.82
0.21 CRISIL - A1+ 1.81
Cash, Cash Equivalents and Net Current Assets -0.17 Mr. Dhruv Muchhal (since June 22, 2023)
ICICI Securities Ltd CRISIL - A1+ 1.78 (Total Experience: Over 10 years).
CRISIL - A1+ 1.60
ONGC Petro additions Ltd. (OPAL) ` 2104.54 Crore.
(Put on ONGC Ltd.) CRISIL - A1+ 1.34
Birla Group Holdings Pvt. Ltd. CRISIL - A1+ 1.18
Portfolio Page no. 101 to 103.
Tata Teleservices Ltd. CRISIL - A1+ 1.18
CRISIL - A1+ 0.98
Rating Class (%) Julius Baer Capital (India) Pvt. Ltd. CRISIL - A1+ 0.85 no. 104.
Aarti Industries Ltd. CRISIL - A1+ 0.85
CRISIL - A1+ 0.85
Export - Import Bank of India CRISIL - A1+ 0.85
Sovereign 14.11 ICRA - A1+ 0.83
85.85
0.21
Cash, Cash Equivalents and Net Current Assets -0.17

August 2024 77
 HDFC Money Market Fund
(An open ended debt scheme investing in money market instruments.
CATEGORY OF SCHEME

A Relatively Low Interest Rate Risk and Moderate Credit Risk)

SIP PERFORMANCE ^ - Regular Plan - Growth Option

Since Inception 15 year 10 year 5 year 3 year 1 year
SIP SIP SIP SIP SIP SIP
Total Amount Invested (` in Lacs) 29.80 18.00 12.00 6.00 3.60 1.20
Mkt Value As on August 30, 2024 (` in Lacs) $$ 78.90 31.23 16.70 7.01 4.00 1.25
Returns (%) $$ 7.10 6.98 6.44 6.18 6.95 7.60
Benchmark Returns (%) # N.A. 6.85 6.22 6.16 7.12 7.83
Additional Benchmark Returns (%) ## 6.17 6.33 6.03 5.83 6.70 7.69
Assuming `
simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
PERFORMANCE ^ - Regular Plan - Growth Option
Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark
Scheme (`) Benchmark Additional
Date Period (%) $$ (%)# Returns
(%) ## $$ (`)# Benchmark
(`)##
Aug 31, 23 Last 1 Year 7.48 7.48 7.50 10,748 10,748 10,750
Aug 31, 21 Last 3 Years 6.10 6.21 5.67 11,944 11,982 11,801
Aug 30, 19 Last 5 Years 5.92 5.67 5.54 13,335 13,178 13,099
Aug 28, 14 Last 10 Years 6.80 6.70 6.42 19,333 19,150 18,654
Nov 18, 99 Since Inception 7.02 7.11 6.33 53,846 54,911 45,773
Returns greater than 1 year period are compounded annualized (CAGR). N.A. Not Available. $$ All Distributions declared prior to the splitting of

^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into
consideration for computation of performance.

Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer

Benchmark (This product is suitable for (Current risk as per latest month
investors who are seeking ~) end portfolio)

HDFC Money • Income over short term Modera

oderate High tely
Market Fund • To generate income / capital o M rate Moderately
w t erate Hi Mode High
appreciation by investing in o
w t erate Hi
Mo Lo

gh
d

money market instruments

Mo Lo

BENCHMARK :
gh
d
Very
High
Low

CRISIL Money
Very
High
Low

Market A-I RISKOMETER

Index Investors understand that their principal will be at RISKOMETER
low to moderate risk Investors understand that their principal will be at
low to moderate risk

Potential Risk Class (Maximum risk the Scheme can take)

Relatively Low Moderate Relatively High
(Class A) (Class B) (Class C)
Relatively Low (Class I) B-I
Moderate (Class II)
Relatively High (Class III)
B-I - A Scheme with Relatively Low Interest Rate Risk and Moderate Credit Risk.

Scheme and Benchmark Riskometer As on August 31, 2024v

78 August 2024
 HDFC Short Term Debt Fund
[An open ended short term debt scheme investing in instruments such that the Macaulay
CATEGORY OF SCHEME

Macaulay Duration). A Relatively High Interest Rate Risk and Moderate Credit Risk]

KEY FACTS
INVESTMENT OBJECTIVE : To generate income / capital appreciation through investments in Debt and Money Market Instruments. There is no assurance that the investment
objective of the Scheme will be achieved.

FUND MANAGER ¥ PORTFOLIO

Anil Bamboli
(since June 25, 2010)
Total Experience: Over 30 years Issuer Rating % to NAV Issuer Rating % to NAV
DEBT & DEBT RELATED Sikka Port and Terminal Ltd.
Government Securities (Central/State) (erstwhile Reliance Ports and
DATE OF ALLOTMENT / INCEPTION DATE • 7.18 GOI 2033 Sovereign 7.76 Terminals Ltd.) CRISIL - AAA 0.88
June 25, 2010 • GOI 2028 Sovereign 3.67
of Tata Motors Ltd.) CRISIL - AA+ 0.84
7.26 GOI 2032 Sovereign 2.50
Tata Projects Ltd. IND - AA 0.71
7.1 GOI 2034 Sovereign 1.98
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) Tata Steel Ltd. CARE - AA+ 0.71
7.17 GOI 2030 Sovereign 1.37
Regular Plan - Growth Option 29.8751 5.77 GOI 2030 Sovereign 1.31
10.2075 Reconstruction Co. Ltd. ICRA - AA- 0.53
7.1 GOI 2029 Sovereign 1.29 ICRA - AA 0.53
Regular Plan - Normal IDCW Option 17.7530 5.79 GOI 2030 Sovereign 1.15
Direct Plan - Growth Option 30.7467 Sansar Trust July 2023 II CRISIL - AAA(SO) 0.51
10.3142 GOI 2031 Sovereign 1.08 Tata Capital Ltd. CRISIL - AAA 0.46
Direct Plan - Normal IDCW Option 18.2173 7.06 GOI 2028 Sovereign 0.93
GOI 2034 Sovereign 0.90 Pvt. Ltd. CRISIL - AAA 0.42
ASSETS UNDER MANAGEMENT Sovereign 0.73 Nomura Capital India Pvt. Ltd. IND - AAA 0.39
As on August 31, 2024 7.64% Gujarat SDL ISD 170124 Reliance Industries Ltd. CRISIL - AAA 0.37
` 14,105.19 Cr. MAT 170133 Sovereign 0.58 CRISIL - AA 0.35
Average for Month of August 2024 7.65% Chhattisgarh SDL Mat
` 13,951.77 Cr. 310133 Sovereign 0.54 Development Corporation Ltd. CARE - AAA 0.35
7.64% % Gujarat SDL ISD
170124 Mat 170134 Sovereign 0.40 (PTC banked by receivables
QUANTITATIVE DATA 7.63% Gujarat SDL ISD 240124
Residual Maturity * 4.12 years from Reliance Corporate IT Park
Mat 240133 Sovereign 0.33 Limited) CRISIL - AAA(SO) 0.29
Macaulay Duration * 2.94 years
years 7.63% Gujarat SDL - Mat The Tata Power Company Ltd. CARE - AA+ 0.15
Annualized Portfolio YTM# * 7.69% 120427 Sovereign 0.26 Sub Total 67.78
#
semi annual YTM has been annualised. 7.63% Gujarat SDL ISD 240124 Total 95.43
Mat 240134 Sovereign 0.25
*Calculated on amount invested in debt securities MONEY MARKET INSTRUMENTS
7.59% Gujarat SDL - Mat
(including accrued interest), deployment of funds 150227 Sovereign 0.18 CD
in TREPS and Reverse Repo and net receivable 7.18 GOI 2037 Sovereign 0.15 CRISIL - A1+ 0.68
/ payable. 5.85 GOI 2030 Sovereign 0.07 Sub Total 0.68
7.23 GOI 2039 Sovereign 0.07 Alternative Investment Fund Units
TOTAL EXPENSE RATIO (As on August 31, 2024) 0.26
Including Additional Expenses and Goods and Service 271223 Mat 271233 Sovereign 0.07 Sub Total 0.26
7.15% Maharashtra SDL - Mat Cash,Cash Equivalents and Net Current Assets 3.63
Regular: 0.71% Direct: 0.40% 131026 Sovereign 0.06 Grand Total 100.00
GOI STRIPS - Mat 060325 Sovereign 0.02
• Top Ten Holdings, £ Sponsor
Sub Total 27.65
#BENCHMARK INDEX: Credit Exposure (Non Perpetual)
CRISIL Short Duration Debt A-II Index Outstanding exposure in derivative
• CRISIL - AAA / ICRA instruments Interest Rate Swap (` in Crore) 670.00
##ADDL. BENCHMARK INDEX: Rural Dev. - AAA 8.35
CRISIL 10 year Gilt Index • Small Industries Development CARE - AAA / CRISIL
Bank - AAA 7.42 no. 104.
EXIT LOAD$$ : • REC Limited. CARE - AAA / CRISIL
Nil - AAA 4.85 `
• CRISIL - AAA 3.73 Commercial Papers. Data is as of August 31, 2024 unless
• CRISIL - AAA 3.57
• CRISIL - AAA 3.57
• CRISIL - AAA 2.93
¥ Dedicat
• Pipeline Infrastructure Pvt. Ltd. CRISIL - AAA 2.68
Mr. Dhruv Muchhal (since June 22, 2023)
Mahanagar Telephone Nigam (Total Experience: Over 10 years).
Ltd. (Corporate guarantee from
Govt of India) CRISIL - AAA(CE) 2.65
` 474.04 Crore.
Corp. Ltd. CRISIL - AAA 2.44

ICRA - AA+ 2.13

Bharti Telecom Limited CRISIL - AA+ 1.81 Page no. 101 to 103.
CRISIL - AAA 1.59
TVS Credit Services Ltd ICRA - AA 1.45
Kotak Mahindra Investments
Ltd. CRISIL - AAA 1.43
Indus Towers Limited CRISIL - AA+ 1.42
ONGC Petro additions Ltd.
(OPAL) (Put on ONGC Ltd.) CRISIL - AA 1.42

Ltd. CRISIL - AAA 1.35

Mahindra Rural Housing
CRISIL - AAA 1.31
CRISIL - AA+ 1.13

Pvt. Ltd. (erstwhile Reliance

CRISIL - AAA 1.06
CARE - AAA / CRISIL
- AAA 1.06
State Bank of India CRISIL - AAA 0.94

....Contd on next page

August 2024 79
 .....Contd from previous page
HDFC Short Term Debt Fund
[An open ended short term debt scheme investing in instruments such that the Macaulay
CATEGORY OF SCHEME

Macaulay Duration). A Relatively High Interest Rate Risk and Moderate Credit Risk]

Portfolio Portfolio

Asset Class (%) Rating Class (%)

G-Sec, G-Sec STRIPS, SDL 27.65 Sovereign 27.65

Securitized Debt Instruments 0.80 55.28
CD 0.68 AA+ 8.19
Credit Exposure 66.98 AA/AA- 4.99
0.26 0.26
Cash, Cash Equivalents and Net Current Assets 3.63 Cash, Cash Equivalents and Net Current Assets 3.63

SIP PERFORMANCE ^ - Regular Plan - Growth Option

Since Inception 10 year 5 year 3 year 1 year
SIP SIP SIP SIP SIP
Total Amount Invested (` in Lacs) 17.00 12.00 6.00 3.60 1.20
Mkt Value As on August 30, 2024 (` in Lacs) 29.91 17.28 7.05 3.99 1.25
Returns (%) 7.58 7.08 6.41 6.88 8.35
Benchmark Returns (%) # 7.60 7.19 6.70 7.12 8.12
Additional Benchmark Returns (%) ## 6.45 6.13 5.56 7.15 9.71
Assuming `
simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.

PERFORMANCE ^ - Regular Plan - Growth Option

Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme (`) Benchmark Additional
Date Period (%) (%)# Returns
(%) ## (`)# Benchmark
(`)##
Aug 31, 23 Last 1 Year 7.91 7.68 8.82 10,791 10,768 10,882
Aug 31, 21 Last 3 Years 5.79 5.64 5.05 11,840 11,788 11,592
Aug 30, 19 Last 5 Years 6.79 6.37 5.28 13,893 13,620 12,939
Aug 28, 14 Last 10 Years 7.59 7.40 7.11 20,809 20,445 19,899
Jun 25, 10 Since Inception 8.02 7.62 6.42 29,875 28,338 24,196

refer page 109 to 115.

^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into
consideration for computation of performance.

than what may ordinarily be expected considering only its duration. Hence investors are recommended to consider the unadjusted portfolio
maturity of the scheme as well and exercise adequate due diligence when deciding to make their investments.

Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer

Benchmark (This product is suitable for (Current risk as per latest month
investors who are seeking ~) end portfolio)

HDFC Short • Income over short term.

rate Moderately
Term Debt • To generate income / capital o Mode High Modera
w t erate Hi oderate High tely
appreciation through investments o M
Fund w t erate Hi
Mo Lo

gh
d

in Debt and Money Market

Mo Lo

gh
d
Very

Instruments
High
Low

BENCHMARK
Very
High
Low

: CRISIL Short RISKOMETER

Duration Debt Investors understand that their principal will be at RISKOMETER
A-II Index moderate risk Investors understand that their principal will be at
low to moderate risk

Potential Risk Class (Maximum risk the Scheme can take)

Relatively Low Moderate Relatively High
(Class A) (Class B) (Class C)
Relatively Low (Class I)
Moderate (Class II)
Relatively High (Class III) B-III
B-III - A Scheme with Relatively High Interest Rate Risk and Moderate Credit Risk.

Scheme and Benchmark Riskometer As on August 31, 2024

80 August 2024
 HDFC Medium Term Debt Fund
[An open ended medium term debt scheme investing in instruments such that the Macaulay
CATEGORY OF SCHEME

Macaulay Duration). A Relatively High Interest Rate Risk and Relatively High Credit Risk]

INVESTMENT OBJECTIVEKEY : ToFACTS

generate income / capital appreciation through investments in Debt and Money Market Instruments. There is no assurance that the investment
objective of the Scheme will be achieved.

FUND MANAGER ¥ PORTFOLIO

Shobhit Mehrotra
(since September 1, 2007)
Total Experience: Over 31 years Issuer Rating % to NAV Issuer Rating % to NAV
DEBT & DEBT RELATED NTPC Limited CRISIL - AAA 1.19
DATE OF ALLOTMENT / INCEPTION DATE Government Securities (Central/State) The Tata Power Company Ltd. CARE - AA+ 0.97
• 7.18 GOI 2037 Sovereign 7.51 ICRA - AA(SO) 0.97
• 6.54 GOI 2032 Sovereign 3.60 CRISIL - AAA 0.76
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) • 7.26 GOI 2033 Sovereign 3.12 CRISIL - AA 0.61
• 7.23 GOI 2039 Sovereign 2.76 Grasim Industries Ltd. CRISIL - AAA 0.61
Regular Plan - Growth Option 52.6601
10.1112 6.1 GOI 2031 Sovereign 2.34 ICRA - AA 0.61
Regular Plan - Normal IDCW Option 17.7706 7.18 GOI 2033 Sovereign 1.87 ICRA - AA+ 0.61
Direct Plan - Growth Option 56.8360 7.3 GOI 2053 Sovereign 1.52 Small Industries Development
10.1119 Bank CRISIL - AAA 0.61
Direct Plan - Normal IDCW Option 18.9911 7.26 GOI 2032 Sovereign 1.50
GOI 2034 Sovereign 1.24 CARE - AAA 0.61
ASSETS UNDER MANAGEMENT Company Ltd
7.17 GOI 2030 Sovereign 0.87
As on August 31, 2024 7.41 GOI 2036 Sovereign 0.64 ICRA - AA- 0.60
Co. Ltd.
` 4,093.10 Cr. 7.54 GOI 2036 Sovereign 0.64
Average for Month of August 2024 Queen 03 2023 CRISIL - AA+(SO) 0.33
7.67% Chhattisgarh SDL ISD Sovereign 0.63 Bharti Telecom Limited CRISIL - AA+ 0.25
` 4,114.66 Cr. 240124 Mat 240131
Tata Motors Ltd. CRISIL - AA+ 0.24
QUANTITATIVE DATA Sovereign 0.63
Sub Total 58.45
Residual Maturity * 5.54 years Sovereign 0.62 Credit Exposure (Perpetual
Macaulay Duration * 3.86 years Mat 220339
years Bonds)
6.68 GOI 2031 Sovereign 0.60
Annualized Portfolio YTM# * 7.88% CRISIL - NA 1.20
#
semi annual YTM has been annualised. 7.25 GOI 2063 Sovereign 0.38 Tata Motors Ltd.) (Perpetual)
*Calculated on amount invested in debt securities 7.1 GOI 2034 Sovereign 0.25
(including accrued interest), deployment of funds in 7.66% RAJASTHAN SDL ISD 240124 Tata Motors Ltd.) (Perpetual) CRISIL - AA+ 2.39
TREPS and Reverse Repo and net receivable / payable.
Mat 240131 Sovereign 0.25
Sub Total 3.59
TOTAL EXPENSE RATIO (As on August 31, 2024) 6.95 GOI 2061 Sovereign 0.24 Total 93.64
Including Additional Expenses and Goods and Service 7.45% Maharashtra ISD 220324 Sovereign 0.14 UNITS ISSUED BY REIT & INVIT
Mat 220339
Units issued by InvIT
Regular: 1.28% Direct: 0.60% 7.32 GOI 2030 Sovereign 0.13
Bharat Highways InvIT Construction 0.63
7.60% Tamil Nadu SDL Mat 310131 Sovereign 0.12
Sub Total 0.63
Sub Total 31.60
Units issued by ReIT
#BENCHMARK INDEX: Credit Exposure (Non Perpetual)
Nifty Medium Duration Debt Index A-III Realty 0.96
• Kalpataru
Ltd
Projects International CARE - AA / CRISIL -
AA / IND - AA 4.74 Sub Total 0.96
##ADDL. BENCHMARK INDEX: Total 1.59
CRISIL 10 year Gilt Index • Tata Steel Ltd. CARE - AA+ 3.57
• Pipeline Infrastructure Pvt. Ltd. CRISIL - AAA 3.20 Alternative Investment Fund Units
EXIT LOAD$$ : 0.26
• Ltd. CRISIL - AAA 2.78 Sub Total 0.26
Nil
• Dev. CRISIL - AAA / ICRA 2.44 Cash,Cash Equivalents and Net Current Assets 4.51
- AAA Grand Total 100.00
• IND - AA- 2.43
• Top Ten Holdings, £ Sponsor
CRISIL - AAA 2.40
TVS Credit Services Ltd CRISIL - AA 2.10 `
Portfolio
Sikka Port and Terminal Ltd.
(erstwhile Reliance Ports and CRISIL - AAA 1.95
Asset Class (%) Terminals Ltd.) Mr. Dhruv Muchhal (since June 22, 2023)
(Total Experience: Over 10 years).
India Grid Trust CRISIL - AAA / ICRA 1.92
- AAA
aggregating to ` 187.93 Crore.
CARE - AA- 1.84
0.63 CRISIL - AAA 1.84 Page no. 101 to 103.
0.96 CRISIL - AAA 1.83
G-Sec, SDL 31.60 Ltd
no. 104.
Securitized Debt Instruments 1.30 CRISIL - AA 1.82
Credit Exposure 60.74 LIMITED
0.26 CRISIL - AAA 1.23
Cash, Cash Equivalents and Net Current Assets 4.51 ONGC Petro additions Ltd. (OPAL) CRISIL - AA 1.23
(Put on ONGC Ltd.)
TATA POWER RENEWABLE ENERGY CARE - AA+ 1.23
LTD.
ICRA - AA+ 1.22
Portfolio Godrej Industries Ltd. CRISIL - AA 1.22
Indian Oil Corporation Ltd. CRISIL - AAA 1.22
Rating Class (%) Infopark Properties Limited CARE - AA- 1.22
Nuvoco Vistas Corporation Ltd.
CRISIL - AA 1.22
erstwhile Lafarge India Ltd.)
Sovereign 31.60 Tata Projects Ltd. IND - AA 1.22
0.63 ICRA - AA 1.21
0.96 CRISIL - AA+ 1.21
25.78 Tata Motors Ltd.)
AA+ 12.02
AA/AA- 23.04 CRISIL - AAA 1.19
0.26
1.20
Cash, Cash Equivalents and Net Current Assets 4.51

August 2024 81
 HDFC Medium Term Debt Fund
[An open ended medium term debt scheme investing in instruments such that the Macaulay
CATEGORY OF SCHEME

Macaulay Duration). A Relatively High Interest Rate Risk and Relatively High Credit Risk]

SIP PERFORMANCE ^ - Regular Plan - Growth Option

Since Inception 15 year 10 year 5 year 3 year 1 year
SIP SIP SIP SIP SIP SIP
Total Amount Invested (` in Lacs) 27.10 18.00 12.00 6.00 3.60 1.20
Mkt Value As on August 30, 2024 (` in Lacs) 69.94 32.16 17.04 7.04 3.99 1.25
Returns (%) 7.65 7.33 6.82 6.35 6.78 8.48
Benchmark Returns (%) # 8.31 8.32 8.00 7.87 7.92 7.98
Additional Benchmark Returns (%) ## 6.32 6.48 6.20 5.78 7.55 10.34
Assuming `
simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
PERFORMANCE ^ - Regular Plan - Growth Option
Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme (`) Benchmark Additional
Date Period (%) (%)# Returns
(%) ## (`)# Benchmark
(`)##
Aug 31, 23 Last 1 Year 7.64 8.06 8.82 10,764 10,806 10,882
Aug 31, 21 Last 3 Years 5.52 5.17 5.05 11,750 11,634 11,592
Aug 30, 19 Last 5 Years 6.56 6.87 5.28 13,743 13,949 12,939
Aug 28, 14 Last 10 Years 7.36 7.82 7.11 20,362 21,248 19,899
Since Inception 7.64 7.77 6.51 52,660 54,145 41,515

Performance of Direct Plan, refer page 109 to 115.

^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into
consideration for computation of performance.

than what may ordinarily be expected considering only its duration. Hence investors are recommended to consider the unadjusted portfolio
maturity of the scheme as well and exercise adequate due diligence when deciding to make their investments.

Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer

Benchmark (This product is suitable for (Current risk as per latest month
investors who are seeking ~) end portfolio)

HDFC • Income over medium term Modera

oderate High tely
Medium Term • To generate income / capital o M Modera
w t erate Hi oderate High tely
appreciation through investments o M
Debt Fund w t erate Hi
Mo Lo

gh
d

in Debt and Money Market

Mo Lo

gh
d
Very

Instruments
High
Low

BENCHMARK :
Very
High
Low

Nifty Medium RISKOMETER

Duration Debt Investors understand that their principal will be at RISKOMETER
Index A-III moderately high risk Investors understand that their principal will be at
moderate risk

Potential Risk Class (Maximum risk the Scheme can take)

Relatively Low Moderate Relatively High
(Class A) (Class B) (Class C)
Relatively Low (Class I)
Moderate (Class II)
Relatively High (Class III) C-III
C-III - A Scheme with Relatively High Interest Rate Risk and Relatively High Credit Risk.

Scheme and Benchmark Riskometer As on August 31, 2024

82 August 2024
 HDFC Income Fund
[An open ended medium term debt scheme investing in instruments such that the Macaulay
CATEGORY OF SCHEME

Macaulay Duration). A Relatively High Interest Rate Risk and Moderate Credit Risk]

KEY FACTS
INVESTMENT OBJECTIVE : To generate income / capital appreciation through investments in debt and money market instruments. There is no assurance that the investment
objective of the Scheme will be achieved.

FUND MANAGER ¥ PORTFOLIO

Shobhit Mehrotra
(since September 11, 2007)
Total Experience: Over 31 years Issuer Rating % to NAV Issuer Rating % to NAV
DEBT & DEBT RELATED Realty 0.48
DATE OF ALLOTMENT / INCEPTION DATE Government Securities (Central/State) Sub Total 0.48
• 7.18 GOI 2037 Sovereign 20.62 Alternative Investment Fund Units
September 11, 2000 • 7.41 GOI 2036 Sovereign 12.33 0.25
• 7.54 GOI 2036 Sovereign 11.83 Sub Total 0.25
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) • 7.18 GOI 2033 Sovereign 9.06 Cash,Cash Equivalents and Net Current Assets 4.13
Regular Plan - Growth Option 54.6424 • 7.23 GOI 2039 Sovereign 7.93 Grand Total 100.00
Regular Plan - Quarterly IDCW Option 11.3735 • 7.1 GOI 2034 Sovereign 3.47
Regular Plan - Normal IDCW Option 17.2321 • Top Ten Holdings, @ Less than 0.01%.
• GOI 2031 Sovereign 3.02
Direct Plan - Growth Option 60.1460 • GOI 2034
Direct Plan - Quarterly IDCW Option 12.7167 Sovereign 3.00 ` 10, Data is as of August 31, 2024 unless
Direct Plan - Normal IDCW Option 19.0208 6.68 GOI 2031 Sovereign 2.94
7.25 GOI 2063 Sovereign 2.44 ¥ Dedicat
ASSETS UNDER MANAGEMENT 7.3 GOI 2053 Sovereign 1.23 Mr. Dhruv Muchhal (since June 22, 2023)
As on August 31, 2024 6.95 GOI 2061 Sovereign 0.59 (Total Experience: Over 10 years).
` 843.29 Cr. 6.57 GOI 2033 Sovereign 0.58
Average for Month of August 2024 6.62 GOI 2051 Sovereign 0.57 aggregating to ` 142.22 Crore.
` 844.01 Cr. 8.2 GOI 2025 Sovereign 0.38
6.72% Gujarat SDL - ISD on Page no. 101 to 103.
QUANTITATIVE DATA 090621 Mat 090630 Sovereign 0.15
Residual Maturity * 11.42 years 7.95 GOI 2032 Sovereign 0.09
Macaulay Duration * 6.97 years 6.19 GOI 2034 Sovereign 0.03 no. 104.
years 9.15 GOI 2024 Sovereign @
Annualized Portfolio YTM# * 7.15%
#
semi annual YTM has been annualised. Sub Total 80.26
*Calculated on amount invested in debt securities Credit Exposure (Non Perpetual)
(including accrued interest), deployment of funds in • NTPC Limited CRISIL - AAA 3.07
TREPS and Reverse Repo and net receivable / payable.
•
Rural Dev. CRISIL - AAA 2.98
TOTAL EXPENSE RATIO (As on August 31, 2024) India Grid Trust CRISIL - AAA 2.71
Including Additional Expenses and Goods and Service
Ltd. CRISIL - AAA 2.52
Regular: 1.39% Direct: 0.80% State Bank of India ICRA - AAA 1.83
CRISIL - AAA 1.77
Sub Total 14.88
#BENCHMARK INDEX: Total
CRISIL Medium To Long Duration 95.14
Debt A-III Index UNITS ISSUED BY REIT & INVIT

##ADDL. BENCHMARK INDEX:

CRISIL 10 year Gilt Index
SIP PERFORMANCE ^ - Regular Plan - Growth Option
EXIT LOAD$$ : Since Inception 15 year 10 year 5 year 3 year 1 year
Nil SIP SIP SIP SIP SIP SIP
Total Amount Invested (` in Lacs) 28.80 18.00 12.00 6.00 3.60 1.20
Mkt Value As on August 30, 2024 (` in Lacs) 68.97 29.62 16.07 6.90 3.99 1.26
Returns (%) 6.65 6.33 5.70 5.54 6.80 9.85
Benchmark Returns (%) # N.A. 7.89 7.55 7.35 7.14 7.04
Portfolio Additional Benchmark Returns (%) ## N.A. 6.48 6.20 5.78 7.55 10.34
Assuming `
Asset Class (%)
simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.

PERFORMANCE ^ - Regular Plan - Growth Option

0.48 Scheme Benchmark Additional Value of ` 10,000 invested
G-Sec, SDL 80.26 Returns Returns Benchmark Scheme (`) Benchmark Additional
Date Period (%) (%)# Returns
Credit Exposure 14.88 (%) ## (`)# Benchmark
(`)##
0.25 Aug 31, 23 Last 1 Year 8.46 8.28 8.82 10,846 10,828 10,882
Cash, Cash Equivalents and Net Current Aug 31, 21 Last 3 Years 4.79 5.52 5.05 11,508 11,747 11,592
Assets 4.13 Aug 30, 19 Last 5 Years 5.35 6.80 5.28 12,980 13,902 12,939
Aug 28, 14 Last 10 Years 6.60 8.17 7.11 18,967 21,945 19,899
Sep 11, 00 Since Inception 7.34 8.76 NA 54,642 74,950 NA

Portfolio
Performance of Direct Plan, refer page 109 to 115.
Rating Class (%)
^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into
consideration for computation of performance.
Sovereign 80.26
0.48
14.88
0.25 than what may ordinarily be expected considering only its duration. Hence investors are recommended to consider the unadjusted portfolio
maturity of the scheme as well and exercise adequate due diligence when deciding to make their investments.
Cash, Cash Equivalents and Net Current Assets 4.13
....Contd on next page

August 2024 83
HDFC Income Fund
[An open ended medium term debt scheme investing in instruments such that the Macaulay
CATEGORY OF SCHEME

Macaulay Duration). A Relatively High Interest Rate Risk and Moderate Credit Risk]

Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer

Benchmark (This product is suitable for (Current risk as per latest month
investors who are seeking ~) end portfolio)

HDFC Income • Income over medium to long

rate Moderately
Fund term o Mode High Modera
w t erate Hi oderate High tely
• To generate income / capital o M
w t erate Hi

Mo Lo

gh
d
appreciation through investments

Mo Lo
BENCHMARK :

gh
d
Very
in debt and money market

High
Low
CRISIL Medium

Very
High
Low
To Long instruments
RISKOMETER
Duration Debt Investors understand that their principal will be at RISKOMETER
A-III Index moderate risk Investors understand that their principal will be at
moderate risk

Potential Risk Class (Maximum risk the Scheme can take)

Relatively Low Moderate Relatively High
(Class A) (Class B) (Class C)
Relatively Low (Class I)
Moderate (Class II)
Relatively High (Class III) B-III
B-III - A Scheme with Relatively High Interest Rate Risk and Moderate Credit Risk.

Scheme and Benchmark Riskometer As on August 31, 2024

84 August 2024
 HDFC Long Duration Debt Fund
[An open ended debt scheme investing in instruments such that the Macaulay Duration of the
CATEGORY OF SCHEME

portfolio is greater than 7 years, A Relatively High Interest Rate Risk and Relatively Low Credit Risk]

INVESTMENT OBJECTIVEKEY : ToFACTS

generate income / capital appreciation through investments in debt and money market instruments. There is no assurance that the investment
objective of the Scheme will be achieved.

FUND MANAGER ¥ PORTFOLIO

Shobhit Mehrotra Issuer Rating % to NAV
(since January 20, 2023) DEBT & DEBT RELATED `
Total Experience: Over 31 years Government Securities (Central/State)
• 7.3 GOI 2053 Sovereign 38.01
• 7.36 GOI 2052 Sovereign 19.28 Mr. Dhruv Muchhal (since June 22, 2023)
• 7.25 GOI 2063 Sovereign 13.77 (Total Experience: Over 10 years).
DATE OF ALLOTMENT / INCEPTION DATE • 7.09 GOI 2054 Sovereign 8.61
• 6.99 GOI 2051 Sovereign 5.34 aggregating to ` 32.85 Crore.
January 20, 2023 • 7.34 GOI 2064 Sovereign 2.59
• 7.23 GOI 2039 Sovereign 2.32
• 7.16 GOI 2050 Sovereign 1.82
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) • 6.67 GOI 2050 Sovereign 1.49 no. 104.
Regular Plan - Growth Option 11.6252 • 6.62 GOI 2051 Sovereign 1.25
Regular Plan - IDCW Option 10.6506 7.18 GOI 2037 Sovereign 1.21
Direct Plan - Growth Option 11.6925 Sub Total 95.69
Direct Plan - IDCW Option 10.7360 Alternative Investment Fund Units
0.19
Sub Total 0.19
ASSETS UNDER MANAGEMENT Cash,Cash Equivalents and Net Current Assets 4.12
As on August 31, 2024 Grand Total 100.00
` 4,215.08 Cr. • Top Ten Holdings
Average for Month of August 2024
` 3,900.32 Cr.
QUANTITATIVE DATA SIP PERFORMANCE ^ - Regular Plan - Growth Option
Residual Maturity * 29.04 years Since Inception 1 year
Macaulay Duration * 12.15 years SIP SIP
Annualized Portfolio YTM# * 7.11% Total Amount Invested (` in Lacs) 2.00 1.20
#
semi annual YTM has been annualised. Mkt Value As on August 30, 2024 (` in Lacs) 2.19 1.28
*Calculated on amount invested in debt securities Returns (%) 10.90 12.74
(including accrued interest), deployment of funds Benchmark Returns (%) # N.A. N.A.
in TREPS and Reverse Repo and net receivable Additional Benchmark Returns (%) ## 9.19 10.34
/ payable. Assuming `
simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
TOTAL EXPENSE RATIO (As on August 31, 2024)
Including Additional Expenses and Goods and Service
PERFORMANCE*^
Regular: 0.60% Direct: 0.25% Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme (`) Benchmark Additional
Date Period (%) (%)# Returns
(%) ## (`)# Benchmark
(`)##
#BENCHMARK INDEX:
Nifty Long Duration Debt Index - A-III Aug 31, 23 Last 1 Year 10.76 9.94 8.82 11,076 10,994 10,882
##ADDL. BENCHMARK INDEX: Jan 20, 23 Since Inception 9.80 9.46 8.94 11,625 11,567 11,480
CRISIL 10 year Gilt Index Returns greater than 1 year period are compounded annualized (CAGR).
please refer page 104. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission
EXIT LOAD$$ :
Nil ^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into consideration
for computation of performance.

Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer

Benchmark (This product is suitable for (Current risk as per latest month
Portfolio investors who are seeking ~) end portfolio)

Asset Class (%) HDFC Long • Income over the long term Modera
oderate High tely
Duration Debt • To generate income / capital o M rate Moderately
w t erate Hi Mode High
appreciation through investments o
Fund w t erate Hi
Mo Lo

gh
d

in debt and money market

Mo Lo

gh
d
Very

instruments
High
Low

BENCHMARK:
Very
High
Low

Nifty Long RISKOMETER

G-Sec 95.69
Duration Debt Investors understand that their principal will be at RISKOMETER
0.19
Index - A-III moderate risk Investors understand that their principal will be at
Cash, Cash Equivalents and Net Current Assets 4.12 moderate risk

Potential Risk Class (Maximum risk the Scheme can take)

Relatively Low Moderate Relatively High
(Class A) (Class B) (Class C)
Portfolio Relatively Low (Class I)
Moderate (Class II)
Rating Class (%)
Relatively High (Class III) A-III
A-III - A Scheme with Relatively High Interest Rate Risk and Relatively Low Credit Risk.

Sovereign 95.69 Scheme and Benchmark Riskometer As on August 31, 2024

0.19
Cash, Cash Equivalents and Net Current Assets 4.12

August 2024 85
 HDFC Arbitrage Fund CATEGORY OF SCHEME

(An open ended scheme investing in arbitrage opportunities)

INVESTMENT OBJECTIVE :
Scheme will be achieved.

FUND MANAGER ¥ SIP PERFORMANCE ^ - Regular Plan - Growth Option

Arun Agarwal Since Inception 15 year 10 year 5 year 3 year 1 year
(Arbitrage Assets) (since August 24, 2020) SIP SIP SIP SIP SIP SIP
Total Experience: Over 25 years Total Amount Invested (` in Lacs) 20.30 18.00 12.00 6.00 3.60 1.20
Nirman Morakhia Mkt Value As on August 30, 2024 (` in Lacs) 35.10 28.87 15.94 6.96 3.99 1.25
Returns (%) 6.13 6.01 5.54 5.86 6.88 7.71
Total Experience: Over 16 years Benchmark Returns (%) # N.A. N.A. 5.41 5.92 6.94 7.04
Anil Bamboli Additional Benchmark Returns (%) ## 6.30 6.33 6.03 5.83 6.70 7.69
Assuming `
Total Experience: Over 30 years
investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.

DATE OF ALLOTMENT / INCEPTION DATE PERFORMANCE ^ - Regular Plan - Growth Option

October 23, 2007 Scheme Benchmark Value of ` 10,000 invested
Additional
Returns Returns Benchmark
Scheme (`) Benchmark Additional
Date Period (%) (%)# Returns
(%) ## (`)# Benchmark
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) (`)##
Retail Plan Aug 31, 23 Last 1 Year 7.69 7.66 7.50 10,769 10,766 10,750
Regular Plan - Growth Option 28.099
Regular Plan - IDCW Option 20.941 Aug 31, 21 Last 3 Years 5.83 6.01 5.67 11,852 11,913 11,801
Regular Plan - Quarterly IDCW Option 20.031 Aug 30, 19 Last 5 Years 5.12 5.03 5.54 12,842 12,782 13,099
Direct Plan - Growth Option 30.096 Aug 28, 14 Last 10 Years 5.75 5.59 6.42 17,497 17,238 18,654
Direct Plan - Quarterly IDCW Option 22.807
Oct 23, 07 Since Inception 6.51 NA 6.24 28,973 NA 27,754
Wholesale Plan
Regular Plan - Growth Option 28.973 Returns greater than 1 year period are compounded annualized (CAGR). N.A. Not Available. Scheme performance is not strictly comparable
Regular Plan - IDCW Option 10.803 with that of its Additional Benchmark since the scheme does not take directional call in equity markets but is limited to availing arbitrage
Regular Plan - Monthly IDCW Option 11.224 and Anil Bamboli, please refer page 104.
Direct Plan - Growth Option 18.986
Direct Plan - IDCW Option 11.381 ^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into
Direct Plan - Monthly IDCW Option 11.025 consideration for computation of performance.

ASSETS UNDER MANAGEMENT

As on August 31, 2024
` 15,819.35 Cr. Industry Allocation of Equity Holding
Average for Month of August 2024 (% of Net Assets)
` 15,253.19 Cr.
QUANTITATIVE DATA Banks 14.45
Portfolio Turnover Finance 7.47
Equity Turnover 340.49% IT - Software 4.74 Portfolio
Total Turnover 1418.89% Pharmaceuticals & Biotechnology 4.71
Total Turnover = Equity + Debt + Derivative Petroleum Products 4.32
Automobiles 4.01 Rating Class (%)
Residual Maturity * 166 days Telecom - Services 3.62
Macaulay Duration * 157 days Aerospace & Defense 3.15
days Diversified Metals 3.06
Annualized Portfolio YTM# * 7.28% Realty 2.43
#
semi annual YTM has been annualised. Diversified Fmcg 2.14
*Calculated on amount invested in debt securities Power 1.64 Equity 74.43
(including accrued interest), deployment of funds Transport Services 1.53 3.98
in TREPS and Reverse Repo and net receivable Construction 1.51
/ payable. Non - Ferrous Metals 1.33
AA+ 0.32
Metals & Minerals Trading 1.19 AA/AA- 0.16
Oil 1.13 Cash, Cash Equivalents and Net Current Assets 21.11
TOTAL EXPENSE RATIO (As on August 31, 2024) Cement & Cement Products 1.10
Including Additional Expenses and Goods and Service Chemicals & Petrochemicals 1.07
Retailing 1.06
Ferrous Metals 0.95
Regular: 0.93% Direct: 0.41% Capital Markets 0.94
Consumer Durables 0.84
Electrical Equipment 0.69
#BENCHMARK INDEX: Insurance 0.66 Portfolio
Leisure Services 0.59
Industrial Products 0.57
##ADDL. BENCHMARK INDEX: Gas 0.56 Asset Class (%)
CRISIL 1 year T-Bill Index Food Products 0.56
Fertilizers & Agrochemicals 0.46
Auto Components 0.41
EXIT LOAD$$ : Beverages 0.32
Transport Infrastructure 0.27
Agricultural Food & Other Products 0.24 Equity 74.43
/ switched-out within 1 month from the date of Agricultural, Commercial & Construction Vehicles 0.17
allotment. Personal Products 0.15 CP 0.31
Healthcare Services 0.14 CD 1.26
/ switched-out after 1 month from the date of
allotment. Textiles & Apparels 0.12 Credit Exposure 2.89
Minerals & Mining 0.12 18.23
Consumable Fuels 0.01 Cash, Cash Equivalents and Net Current Assets 2.88
0 5 10 15 20
Mr. Dhruv Muchhal (since June 22, 2023)
(Total Experience: Over 10 years).

Options, on Page no. 101 to 103.

page no. 104.

greater than what may ordinarily be expected considering only its duration. Hence investors are recommended to consider the unadjusted
portfolio maturity of the scheme as well and exercise adequate due diligence when deciding to make their investments.

....Contd on next page

86 August 2024
 .....Contd from previous page

HDFC Arbitrage Fund CATEGORY OF SCHEME

(An open ended scheme investing in arbitrage opportunities)

PORTFOLIO

Company Industry+ / Rating % to NAV % exposure Company Industry+ / Rating % to NAV % exposure
(Hedged & of Derivative (Hedged & of Derivative
Unhedged) Unhedged)
EQUITY & EQUITY RELATED 0.25 0.25
• Banks 4.72 4.74 ABB India Ltd. Electrical Equipment 0.24 0.25
• Vedanta Ltd. 3.06 3.07 Siemens Ltd. Electrical Equipment 0.24 0.24
• Reliance Industries Ltd. Petroleum Products 2.95 2.97 Bharat Heavy Electricals Ltd. Electrical Equipment 0.21 0.21
• Hindustan Aeronautics Limited 2.82 2.84 The Ramco Cements Ltd.
• Tata Motors Ltd. Automobiles 2.76 2.75 Products 0.21 0.21
• 2.62 2.64 Transport Infrastructure 0.20 0.20
• Telecom - Services 2.10 2.12 0.20 0.20
• Kotak Mahindra Bank Limited Banks 2.04 2.05
• Tata Consultancy Services Ltd. IT - Software 1.81 1.82 Products 0.20 0.20
• Infosys Limited IT - Software 1.79 1.80 IT - Software 0.19 0.19
State Bank of India Banks 1.76 1.77 RBL Bank Ltd. Banks 0.19 0.19
Bank of Baroda Banks 1.74 1.75 Godrej Properties Ltd. Realty 0.18 0.18
ITC Ltd. 1.60 1.61 Ambuja Cements Ltd.
Products 0.17 0.17
Canara Bank Banks 1.53 1.54 Persistent Systems Limited IT - Software 0.17 0.17
Larsen and Toubro Ltd. Construction 1.51 1.52 Power Grid Corporation of India Ltd. Power 0.17 0.17
InterGlobe Aviation Ltd. Transport Services 1.41 1.41 Tata Consumer Products Limited
Realty 1.37 1.38 Products 0.17 0.17
ADANI ENTERPRISES LIMTIED 1.19 1.19
Oil 1.13 1.13 Petrochemicals 0.16 0.16
The Tata Power Company Ltd. Power 1.12 1.13 Aarti Industries Ltd.
Indusind Bank Ltd. Banks 1.05 1.06 Petrochemicals 0.15 0.15
Indian Energy Exchange Limited Capital Markets 0.94 0.94 Astral Limited Industrial Products 0.15 0.16
0.91 0.92 0.15 0.15
Oberoi Realty Ltd. Realty 0.88 0.89 Cipla Ltd.
Bharti Airtel Ltd. Telecom - Services 0.76 0.77 Biotechnology 0.15 0.15
Indian Oil Corporation Ltd. Petroleum Products 0.75 0.75 Apollo Hospitals Enterprise Ltd. Healthcare Services 0.14 0.14
Trent Ltd. Retailing 0.75 0.75 REC Limited. 0.14 0.14
Laurus Labs Ltd.
Biotechnology 0.74 0.74 Co. Ltd. 0.13 0.13
Biocon Ltd. ESCORTS LTD. Agricultural, Commercial
Biotechnology 0.72 0.73 0.13 0.13
Hindalco Industries Ltd. 0.72 0.73 Container Corporation of India Ltd. Transport Services 0.12 0.12
Aditya Birla Capital ltd. 0.66 0.66 Granules India Ltd.
Aurobindo Pharma Ltd. Biotechnology 0.12 0.12
Biotechnology 0.64 0.64 Hero MotoCorp Ltd. Automobiles 0.12 0.12
Insurance 0.61 0.62 NMDC Limited 0.12 0.12
Axis Bank Ltd. Banks 0.60 0.60 Petronet LNG Ltd. Gas 0.12 0.12
0.60 0.60 TCNS Clothing Co. Ltd 0.12
Lupin Ltd. Dabur India Ltd. Personal Products 0.11 0.11
Biotechnology 0.59 0.60 Dixon Technologies (India) Ltd. Consumer Durables 0.11 0.11
0.58 0.58 Grasim Industries Ltd.
Tata Steel Ltd. 0.58 0.58 Products 0.11 0.11
0.54 0.54 Piramal Enterprises Limited 0.11 0.11
Hindustan Petroleum Corp. Ltd. Petroleum Products 0.54 0.54 Abbott India Ltd.
0.54 0.54 Biotechnology 0.10 0.10
0.53 0.53 Mahanagar Gas Ltd. Gas 0.10 0.10
Punjab National Bank Banks 0.52 0.52 0.10 0.11
Glenmark Pharmaceuticals Ltd. LTIMindtree Limited IT - Software 0.09 0.09
Biotechnology 0.51 0.51 Auto Components 0.08 0.08
Alkem Laboratories Ltd. Bharat Petroleum Corporation Ltd. Petroleum Products 0.08 0.08
Biotechnology 0.50 0.51 HCL Technologies Ltd. IT - Software 0.08 0.08
Indus Towers Limited Telecom - Services 0.50 0.50 Transport Infrastructure 0.07 0.07
Zydus Lifesciences Limited Balrampur Chini Mills Ltd.
Biotechnology 0.50 0.50 Products 0.07 0.07
Titan Company Ltd. Consumer Durables 0.43 0.43 JSW Steel Ltd. 0.07 0.07
ACC Ltd. Pidilite Industries Ltd.
Products 0.39 0.39 Petrochemicals 0.07 0.07
Automobiles 0.39 0.40 Tata Chemicals Ltd.
Polycab India Limited Industrial Products 0.36 0.36 Petrochemicals 0.07 0.07
TVS Motor Company Ltd. Automobiles 0.36 0.36 Cummins India Ltd. Industrial Products 0.06 0.06
0.35 0.35 Dr Reddys Laboratories Ltd.
Maruti Suzuki India Limited Automobiles 0.35 0.36 Biotechnology 0.06 0.06
NTPC Limited Power 0.35 0.35 Divis Laboratories Ltd.
Indian Hotels Company Ltd. Leisure Services 0.34 0.34 Biotechnology 0.05 0.05
National Aluminium Co. Ltd. 0.34 0.34 PI Industries Ltd. 0.05 0.05
Atul Ltd. Steel Authority Of India Ltd. 0.05 0.05
Petrochemicals 0.33 0.33 Ashok Leyland Ltd Agricultural, Commercial
Bharat Electronics Ltd. 0.33 0.33 0.04 0.04
Exide Industries Ltd. Auto Components 0.32 0.32 Colgate-Palmolive ( I ) Ltd. Personal Products 0.04 0.04
Beverages 0.32 0.32 Indraprastha Gas Ltd. Gas 0.04 0.04
Wipro Ltd. IT - Software 0.32 0.32 Bajaj Auto Limited Automobiles 0.03 0.03
GAIL (India) Ltd. Gas 0.30 0.30 Havells India Ltd. Consumer Durables 0.03 0.03
ICICI Bank Ltd. Banks 0.29 0.29 ICICI Prudential Life Insurance Company Ltd. Insurance 0.03 0.03
Retailing 0.28 0.41 Retailing 0.03 0.03
Birlasoft Limited IT - Software 0.28 0.28 Sun Pharmaceutical Industries Ltd.
Biotechnology 0.03 0.03
Britannia Industries Ltd. 0.28 0.28 Insurance 0.02 0.02
Petrochemicals 0.28 0.28 Shree Cement Ltd.
Products 0.02 0.02
Nestle India Ltd. 0.28 0.28 Berger Paints (I) Ltd Consumer Durables 0.01 0.01
0.27 0.27 Banks 0.01 0.01
Asian Paints Limited Consumer Durables 0.26 0.26 Coal India Ltd. 0.01 0.01
Tata Communications Limited Telecom - Services 0.26 0.26 Coforge Limited IT - Software 0.01 0.01
0.26 0.26 Auto Components 0.01 0.01
Indian Railway Catering And Tourism Corp Ltd Leisure Services 0.25 0.26

August 2024 87
 HDFC Arbitrage Fund CATEGORY OF SCHEME

(An open ended scheme investing in arbitrage opportunities)

PORTFOLIO

Company Industry+ / Rating % to NAV % exposure Company Industry+ / Rating % to NAV % exposure
(Hedged & of Derivative (Hedged & of Derivative
Unhedged) Unhedged)
Julius Baer Capital (India) Pvt. Ltd. CRISIL - A1+ 0.31 0.00
Petrochemicals 0.01 0.01 Sub Total 0.31 0.00
Balkrishna Industries Ltd. Auto Components @ 0.00 CD
Bandhan Bank Ltd. Banks @ 0.00 ICICI Bank Ltd. ICRA - A1+ 0.63 0.00
Dalmia Bharat Ltd. Kotak Mahindra Bank Limited CRISIL - A1+ 0.63 0.00
Products @ 0.00 Sub Total 1.26 0.00
Ipca Laboratories Ltd. Total 1.57 0.00
Biotechnology @ 0.00 MUTUAL FUND UNITS
MphasiS Limited. IT - Software @ 0.00 4.93 0.00
Samvardhana Motherson International Ltd. Auto Components @ 0.00 13.30 0.00
Tech Mahindra Ltd. IT - Software @ 0.00 Sub Total 18.23 0.00
Sub Total 74.43 0.00 Cash Margin 15.79 0.00
DEBT & DEBT RELATED Cash,Cash Equivalents and Net Current Assets -12.91 0.00
Credit Exposure (Non Perpetual) Grand Total 100.00 74.79
CRISIL - AAA 0.78 0.00
CRISIL - AAA 0.69 0.00
CRISIL - AAA 0.47 0.00
Bharti Telecom Limited CRISIL - AA+ 0.32 0.00
Outstanding exposure in derivative instruments (` in Crore) 11,830.95
CRISIL - AAA 0.32 0.00
ICRA - AA 0.16 0.00 Hedged position in Equity & Equity related instruments
REC Limited. CRISIL - AAA 0.15 0.00
Sub Total 2.89 0.00 Outstanding derivative exposure (% age) 74.79
MONEY MARKET INSTRUMENTS
CP `

Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer

Benchmark (This product is suitable for (Current risk as per latest month
investors who are seeking ~) end portfolio)

HDFC • Income over short term. Modera

oderate High tely
Arbitrage • Income through arbitrage o M Modera
oderate High tely
w t erate Hi
opportunities between cash and o M
Fund w t erate Hi
Mo Lo

gh
d

derivative market and arbitrage

Mo Lo

gh
d
Very

opportunities within the

Low

High

BENCHMARK
Very
Low

High

: derivative segment.
RISKOMETER
Arbitrage Index Investors understand that their principal will be at RISKOMETER
low risk Investors understand that their principal will be at
low risk

Scheme and Benchmark Riskometer As on August 31, 2024

88 August 2024
 HDFC Floating Rate Debt Fund CATEGORY OF SCHEME

/ derivatives) A Relatively High Interest Rate Risk and Moderate Credit Risk]

INVESTMENT OBJECTIVEKEY
: FACTS

FUND MANAGER ¥ PORTFOLIO

Shobhit Mehrotra
(since October 23, 2007) Issuer Rating % to NAV Issuer Rating % to NAV
Total Experience: Over 31 years DEBT & DEBT RELATED
Government Securities (Central/State) ICRA - AA+ 0.33
• GOI 2034 Sovereign 14.79 Grasim Industries Ltd. CRISIL - AAA 0.33
• Sovereign 8.27 Kalpataru Projects International Ltd CARE - AA 0.33
DATE OF ALLOTMENT / INCEPTION DATE • GOI 2028 Sovereign 4.80 National Housing Bank CRISIL - AAA 0.33
October 23, 2007 • GOI 2031 Sovereign 4.19 India Grid Trust CRISIL - AAA 0.32
7.26 GOI 2033 Sovereign 0.98 NTPC Limited CRISIL - AAA 0.32
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) 7.64% Andhra Pradesh SDL ISD
Regular Plan - Growth Option 46.7156 170124 MAT 170131 Sovereign 0.71 Co. Ltd. ICRA - AA- 0.29
Regular Plan - Daily IDCW Reinvestment 7.41 GOI 2036 Sovereign 0.34
Option 10.0809 7.64% Gujarat SDL ISD 170124 MAT LIMITED CRISIL - AA 0.16
Regular Plan - Weekly IDCW Option 10.0469 Nirma Ltd. CRISIL - AA 0.07
Regular Plan - Monthly IDCW Option 10.1511 170133 Sovereign 0.34
Direct Plan - Growth Option 47.5611 7.18 GOI 2033 Sovereign 0.33 Mufasa 11 2022 CRISIL - AAA(SO) 0.02
Direct Plan - Daily IDCW Reinvestment 10.0809 7.18 GOI 2037 Sovereign 0.30 Sub Total 57.63
Option
Direct Plan - Weekly IDCW Option 10.0472 7.38 GOI 2027 Sovereign 0.13 Credit Exposure (Perpetual Bonds)
Direct Plan - Monthly IDCW Option 10.1512 7.27% Tamil Nadu SDL Mat 120727 Sovereign 0.03
5.77 GOI 2030 Sovereign 0.01 Tata Motors Ltd.) (Perpetual) CRISIL - AA+ 0.96
ASSETS UNDER MANAGEMENT Sub Total 0.96
As on August 31, 2024 7.23% Tamil Nadu SDL MAT 140627 Sovereign 0.01
Sub Total 35.23 Total 93.82
` 15,209.67 Cr. MONEY MARKET INSTRUMENTS
Average for Month of August 2024 Credit Exposure (Non Perpetual)
CD
` 15,174.05 Cr. • CRISIL - AAA 8.10
Kotak Mahindra Bank Limited CRISIL - A1+ 0.95
• Small Industries Development Bank CARE - AAA / CRISIL
QUANTITATIVE DATA - AAA 5.77 Canara Bank CRISIL - A1+ 0.48
Residual Maturity * 4.33 years • CRISIL - AAA 4.47 Punjab National Bank IND - A1+ 0.48
Macaulay Duration * 1.43 year ICICI Bank Ltd. ICRA - A1+ 0.16
year • CRISIL - AAA 3.49
Annualized Portfolio YTM# * 7.90% • Sub Total 2.07
#
semi annual YTM has been annualised. Tata Motors Ltd.) CRISIL - AA+ 3.13 Alternative Investment Fund Units
*Calculated on amount invested in debt securities • CRISIL - AAA 2.66 0.27
(including accrued interest), deployment of funds in
TREPS and Reverse Repo and net receivable / payable. ICRA - AA 2.30 Sub Total 0.27
Bharti Telecom Limited CRISIL - AA+ 2.11 Cash,Cash Equivalents and Net Current Assets 3.84
TOTAL EXPENSE RATIO (As on August 31, 2024) REC Limited. CARE - AAA / CRISIL Grand Total 100.00
Including Additional Expenses and Goods and Service - AAA 1.98
ICRA - AAA 1.98 • Top Ten Holdings, £ Sponsor
Regular: 0.49% Direct: 0.26% CRISIL - AAA 1.93
Outstanding exposure in derivative
Sikka Port and Terminal Ltd. instruments Interest Rate Swap (` in Crore) 2,625.00
(erstwhile Reliance Ports and
#BENCHMARK INDEX: Terminals Ltd.) CRISIL - AAA 1.66 `
CRISIL Short Duration Debt A-II Index Godrej Industries Ltd. CRISIL - AA 1.59
##ADDL. BENCHMARK INDEX: ICRA - AA+ 1.38
Mr. Dhruv Muchhal (since June 22, 2023)
CRISIL 10 year Gilt Index CRISIL - AAA 1.32 (Total Experience: Over 10 years).
CARE - AAA / CRISIL
EXIT LOAD$$ : Company Ltd - AAA 1.31
Nil aggregating to ` 102.08 Crore.
Pipeline Infrastructure Pvt. Ltd. CRISIL - AAA 1.30
Page no. 101 to 103.
Power Pvt. Ltd.) CRISIL - AAA 1.28
TVS Credit Services Ltd ICRA - AA 1.18 no. 104.
Portfolio CRISIL - AAA 0.97
Larsen and Toubro Ltd. CRISIL - AAA 0.72
Asset Class (%) CRISIL - AAA 0.66
ICRA - AAA 0.66
TATA POWER RENEWABLE ENERGY
LTD. CARE - AA+ 0.66
G-Sec, SDL 35.23 IND - AA- 0.65
Securitized Debt Instruments 0.52
CD 2.07 (PTC banked by receivables from
Credit Exposure 58.07 Reliance Corporate IT Park Limited) CRISIL - AAA(SO) 0.50
0.27 CRISIL - AAA 0.49
Cash, Cash Equivalents and Net Current Assets 3.84 CRISIL - AAA 0.48

Ltd CRISIL - AAA 0.40

Portfolio
SIP PERFORMANCE ^ - Regular Plan - Growth Option
Rating Class (%) Since Inception 15 year 10 year 5 year 3 year 1 year
SIP SIP SIP SIP SIP SIP
Total Amount Invested (` in Lacs) 20.30 18.00 12.00 6.00 3.60 1.20
Mkt Value As on August 30, 2024 (` in Lacs) 40.35 32.77 17.28 7.12 4.03 1.25
Sovereign 35.23 Returns (%) 7.61 7.56 7.09 6.79 7.47 8.61
45.52 Benchmark Returns (%) # N.A. 7.51 7.03 6.42 6.95 8.15
AA+ 8.57
AA/AA- 6.57 Additional Benchmark Returns (%) ## 6.44 6.48 6.20 5.78 7.55 10.34
0.27 Assuming `
Cash, Cash Equivalents and Net Current Assets 3.84 simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.

August 2024 89
 HDFC Floating Rate Debt Fund CATEGORY OF SCHEME

/ derivatives) A Relatively High Interest Rate Risk and Moderate Credit Risk]

PERFORMANCE ^ - Regular Plan - Growth Option

Scheme Benchmark AdditionalValue of ` 10,000 invested
Returns Returns Benchmark
Scheme (`) Benchmark Additional
Date Period (%) (%)# Returns
(%) ## (`)# Benchmark
(`)##
Aug 31, 23 Last 1 Year 8.04 7.68 8.82 10,804 10,768 10,882
Aug 31, 21 Last 3 Years 6.29 5.64 5.05 12,008 11,788 11,592
Aug 30, 19 Last 5 Years 6.76 6.37 5.28 13,873 13,620 12,939
Aug 28, 14 Last 10 Years 7.47 7.40 7.11 20,568 20,445 19,899
Oct 23, 07 Since Inception 7.79 7.59 6.49 35,439 34,324 28,890
Returns greater than 1 year period are compounded annualized (CAGR). Since Inception returns are calculated on ` 13.1821 (allotment price).

^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into
consideration for computation of performance.

than what may ordinarily be expected considering only its duration. Hence investors are recommended to consider the unadjusted portfolio
maturity of the scheme as well and exercise adequate due diligence when deciding to make their investments.

Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer

Benchmark (This product is suitable for (Current risk as per latest month
investors who are seeking ~) end portfolio)

HDFC Floating • Income over short term Modera

oderate High tely
Rate Debt • To generate income / capital o M rate Moderately
w t erate Hi Mode High
appreciation through investment o
Fund w t erate Hi
Mo Lo

gh
d

in a portfolio comprising
Mo Lo

gh
d
Very
High
Low

BENCHMARK
Very
High
Low

: CRISIL Short RISKOMETER

Duration Debt Investors understand that their principal will be at RISKOMETER
A-II Index and money market instruments low to moderate risk Investors understand that their principal will be at
low to moderate risk

Potential Risk Class (Maximum risk the Scheme can take)

Relatively Low Moderate Relatively High
(Class A) (Class B) (Class C)
Relatively Low (Class I)
Moderate (Class II)
Relatively High (Class III) B-III
B-III - A Scheme with Relatively High Interest Rate Risk and Moderate Credit Risk.

Scheme and Benchmark Riskometer As on August 31, 2024

90 August 2024
 HDFC Corporate Bond Fund CATEGORY OF SCHEME
(An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds. A
Relatively High Interest Rate Risk and Moderate Credit Risk)

KEY FACTS
INVESTMENT OBJECTIVE : To generate income/capital appreciation through investments predominantly in AA+ and above rated corporate bonds. There is no assurance that
the investment objective of the Scheme will be achieved.

FUND MANAGER ¥
PORTFOLIO
Anupam Joshi
(since October 27, 2015) Issuer Rating % to NAV Issuer Rating % to NAV
Total Experience: Over 18 years DEBT & DEBT RELATED GOI STRIPS - Mat 160628 Sovereign 0.04
Government Securities (Central/State) GOI STRIPS - Mat 161228 Sovereign 0.04
• 7.23 GOI 2039 Sovereign 4.74 GOI STRIPS - Mat 220228 Sovereign 0.04
• 7.1 GOI 2034 Sovereign 4.52 7.1 GOI 2028 Sovereign 0.03
DATE OF ALLOTMENT / INCEPTION DATE • Sovereign 4.24 7.48% Karnataka SDL ISD Sovereign 0.03
June 29, 2010 GOI 2034 Sovereign 2.50 210224 Mat 210233
7.18 GOI 2033 Sovereign 1.68 7.63% Maharashtra SDL Mat
7.44% Telangana SDL ISD 310135 Sovereign 0.03
030424 MAT 030436 Sovereign 0.49
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) 7.63% Maharashtra SDL Mat Sovereign 0.03
Regular Plan - Growth Option 30.3634 7.48% Rajasthan SDL ISD Sovereign 0.42 310136
Regular Plan - IDCW Option 18.3811 200324 MAT 200337 GOI STRIPS - Mat 120928 Sovereign 0.03
Regular Plan - Quarterly IDCW Option 10.4878 Sovereign 0.34
Direct Plan - Growth Option 30.9637 200324 Mat 200336 270324 MAT 270338 Sovereign 0.02
Direct Plan - IDCW Option 18.9723 7.52% Himachal Pradesh SDL GOI STRIPS - Mat 160629 Sovereign 0.02
Direct Plan - Quarterly IDCW Option 10.3253 ISD 270324 MAT 270339 Sovereign 0.34
GOI STRIPS - Mat 161229 Sovereign 0.02
Sovereign 0.34 GOI STRIPS - Mat 220229 Sovereign 0.02
270324 MAT 270339 7.47% Chhattisgarh SDL ISD
ASSETS UNDER MANAGEMENT 200324 MAT 200334 Sovereign 0.01
As on August 31, 2024 081133 Sovereign 0.34
GOI STRIPS - Mat 010628 Sovereign @
` 30,370.80 Cr. 7.41% Himachal Pradesh SDL ISD Sovereign 0.33 GOI STRIPS - Mat 011228 Sovereign @
Average for Month of August 2024 130324 Mat 130336 GOI STRIPS - Mat 190928 Sovereign @
` 29,977.71 Cr. 7.66% RAJASTHAN SDL Mat Sovereign 0.32 Sub Total 25.64
310133 Credit Exposure (Non Perpetual)
QUANTITATIVE DATA 7.64% Gujarat SDL ISD 170124 Sovereign 0.29 CRISIL - AAA / ICRA -
MAT 170133 • REC Limited. AAA / IND - AAA 6.73
Residual Maturity * 5.69 years
Macaulay Duration * 3.83 years Sovereign 0.27
years 200324 MAT 200334 • Dev. CRISIL - AAA / ICRA - AAA 6.23
Annualized Portfolio YTM# * 7.59% Sovereign 0.27 • CRISIL - AAA 5.02
#
semi annual YTM has been annualised. 081134
7.64% % Gujarat SDL ISD 170124 • CRISIL - AAA 4.62
*Calculated on amount invested in debt securities Mat 170134 Sovereign 0.25 • CRISIL - AAA 4.31
(including accrued interest), deployment of funds 7.66% RAJASTHAN SDL Mat • CRISIL - AAA 3.57
in TREPS and Reverse Repo and net receivable 310134 Sovereign 0.24 • CRISIL - AAA 3.14
/ payable. 7.68% Jharkhand SDL ISD Small Industries Development CARE - AAA / CRISIL 3.08
240124 Mat 240132 Sovereign 0.24 Bank - AAA
7.52% Goa SDL ISD 270324 MAT State Bank of India CRISIL - AAA / ICRA 2.85
TOTAL EXPENSE RATIO (As on August 31, 2024) 270339 Sovereign 0.22 - AAA
Including Additional Expenses and Goods and Service CARE - AAA / CRISIL
7.63% Gujarat SDL ISD 240124 Sovereign 0.22 2.64
Mat 240133 PETROCHEMICA - AAA
Regular: 0.61% Direct: 0.36% 7.39% Andhra Pradesh SDL ISD Power Grid Corporation of CRISIL - AAA 2.57
030424 MAT 030430 Sovereign 0.17 India Ltd.
7.63% Gujarat SDL ISD 240124 Sovereign 0.17 CRISIL - AAA 2.19
Mat 240134 Ltd.
#BENCHMARK INDEX: 7.66% Haryana SDL Mat 310136 Sovereign 0.17
Nifty Corporate Bond Index A- II Ltd. CRISIL - AAA 2.17
7.67% Chhattisgarh SDL ISD Sovereign 0.17
240124 Mat 240131 Pipeline Infrastructure Pvt. Ltd. CRISIL - AAA 2.03
##ADDL. BENCHMARK INDEX: 7.68% Chattisgarh SDL ISD National Highways Authority CRISIL - AAA 1.99
CRISIL 10 year Gilt Index 170124 MAT 170132 Sovereign 0.17 of India
6.82% Bihar SDL - ISD 140721 Kotak Mahindra Investments Ltd. CRISIL - AAA 1.89
Mat 140728 Sovereign 0.16 CRISIL - AAA / ICRA
Ltd. - AAA 1.84
EXIT LOAD$$ : 7.36% Maharashtra SDL ISD Sovereign 0.15
120423 Mat 120428 Reliance Industries Ltd. CRISIL - AAA 1.73
Nil CARE - AAA / ICRA
7.42% Tamil Nadu SDL ISD Sovereign 0.15 1.56
030424 MAT 030434 - AAA
7.43% Maharashtra SDL ISD Nomura Capital India Pvt. Ltd. IND - AAA 1.35
030424 MAT 030439 Sovereign 0.15
Development Corporation Ltd. CARE - AAA 1.23
7.67% Rajasthan ISD 24012024 Sovereign 0.14
Mat 240134 Hindustan Petroleum Corp. Ltd. CRISIL - AAA 1.08
7.47% Goa SDL ISD 200324 MAT Sovereign 0.12
200334 CRISIL - AAA 1.01

271223 MAT 271233 Sovereign 0.12 National Housing Bank CRISIL - AAA 1.01
7.24 GOI 2033 Sovereign 0.10
7.67% Chattisgarh SDL ISD Infrastructure and Development CRISIL - AAA 0.83
170124 MAT 170133 Sovereign 0.10 DME Development Ltd CRISIL - AAA 0.50
GOI STRIPS - Mat 190328 Sovereign 0.10 CRISIL - AAA 0.49
7.47% Chhattisgarh SDL ISD Sikka Port and Terminal Ltd.
200324 MAT 200333 Sovereign 0.08 (erstwhile Reliance Ports and CRISIL - AAA 0.49
7.66% RAJASTHAN SDL ISD Terminals Ltd.)
240124 Mat 240131 Sovereign 0.08 Nuclear Power Corporation of ICRA - AAA
India Ltd. 0.42
7.72% Rajasthan SDL - Mat Sovereign 0.08
081133 Kotak Mahindra Prime Ltd. CRISIL - AAA 0.40
GOI 2031 Sovereign 0.08 Indian Oil Corporation Ltd. CRISIL - AAA 0.33
NHPC Ltd. CARE - AAA 0.30
Mat 210234 Sovereign 0.07 ONGC Petro additions Ltd.
(OPAL) (Put on ONGC Ltd.) CARE - AAA(CE) 0.28
GOI STRIPS - Mat 120328 Sovereign 0.05
GOI STRIPS - Mat 170628 Sovereign 0.05 CRISIL - AAA 0.19
GOI STRIPS - Mat 171228 Sovereign 0.05

what may ordinarily be expected considering only its duration. Hence investors are recommended to consider the unadjusted portfolio maturity of the scheme as well and exercise adequate due diligence when
deciding to make their investments.
....Contd on next page

August 2024 91
 .....Contd from previous page

HDFC Corporate Bond Fund CATEGORY OF SCHEME

(An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds. A
Relatively High Interest Rate Risk and Moderate Credit Risk)

PORTFOLIO

Issuer Rating % to NAV

Portfolio Outstanding exposure in derivative
Pvt. IND - AAA 0.17 instruments Interest Rate Swap (` in Crore) 2,850.00
NTPC Limited CRISIL - AAA 0.17 `
Asset Class (%) ICICI Bank Ltd. CARE - AAA 0.16
Export - Import Bank of India CRISIL - AAA 0.08
Mr. Dhruv Muchhal (since June 22, 2023)
(PTC banked by receivables (Total Experience: Over 10 years).
from Reliance Corporate IT Park CRISIL - AAA(SO) 0.06
G-Sec, G-Sec STRIPS, SDL 25.64 Limited) aggregating to ` 5.40 Crore.
Securitized Debt Instruments 0.06 Sub Total 70.71
Total 96.35 no. 101 to 103.
Credit Exposure 70.65
Alternative Investment Fund Units
0.25 0.25
Cash, Cash Equivalents and Net Current Assets 3.40 Sub Total 0.25
Cash,Cash Equivalents and Net Current Assets 3.40
Grand Total 100.00
• Top Ten Holdings, £ Sponsor, @ Less than 0.01%.

Portfolio

Rating Class (%)

SIP PERFORMANCE ^ - Regular Plan - Growth Option

Since Inception 10 year 5 year 3 year 1 year
SIP SIP SIP SIP SIP
Sovereign 25.64 Total Amount Invested (` in Lacs) 17.10 12.00 6.00 3.60 1.20
70.71 Mkt Value As on August 30, 2024 (` in Lacs) 30.63 17.45 7.08 4.01 1.26
0.25 Returns (%) 7.77 7.27 6.54 7.14 8.66
Cash, Cash Equivalents and Net Current Assets 3.40 Benchmark Returns (%) # 7.80 7.34 6.74 6.87 7.45
Additional Benchmark Returns (%) ## 6.50 6.20 5.78 7.55 10.34
Assuming `
simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.

PERFORMANCE ^ - Regular Plan - Growth Option

Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme (`) Benchmark Additional
Date Period (%) (%)# Returns
(%) ## (`)# Benchmark
(`)##
Aug 31, 23 Last 1 Year 7.96 7.38 8.82 10,796 10,738 10,882
Aug 31, 21 Last 3 Years 5.81 5.37 5.05 11,847 11,701 11,592
Aug 30, 19 Last 5 Years 6.81 6.42 5.28 13,909 13,654 12,939
Aug 28, 14 Last 10 Years 7.83 7.38 7.11 21,279 20,396 19,899
Jun 29, 10 Since Inception 8.15 7.71 6.38 30,363 28,671 24,043

refer page 109 to 115.

^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into
consideration for computation of performance.
Note:

Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer

Benchmark (This product is suitable for (Current risk as per latest month
investors who are seeking ~) end portfolio)

HDFC • Income over short to medium Modera

oderate High tely
Corporate term o M rate Moderately
w t erate Hi Mode High
• To generate income/capital o
Bond Fund w t erate Hi
Mo Lo

gh
d

appreciation through investments

Mo Lo

gh
d
Very

predominantly in AA+ and above

High
Low

BENCHMARK :
Very
High
Low

Nifty Corporate rated corporate bonds

RISKOMETER
Bond Index A-II Investors understand that their principal will be at RISKOMETER
moderate risk Investors understand that their principal will be at
moderate risk
Potential Risk Class (Maximum risk the Scheme can take)
Relatively Low Moderate Relatively High
(Class A) (Class B) (Class C)
Relatively Low (Class I)
Moderate (Class II)
Relatively High (Class III) B-III
B-III - A Scheme with Relatively High Interest Rate Risk and Moderate Credit Risk.

Scheme and Benchmark Riskometer As on August 31, 2024

92 August 2024
 HDFC Banking and PSU Debt Fund
(An open ended debt scheme predominantly investing in debt instruments of
CATEGORY OF SCHEME

bonds. A Relatively High Interest Rate Risk and Moderate Credit Risk)

INVESTMENT OBJECTIVEKEY
: ToFACTS
generate income / capital appreciation through investments in debt and money market instruments consisting predominantly of securities issued

There is no assurance that the investment objective of the Scheme will be achieved.

FUND MANAGER ¥ PORTFOLIO

Anil Bamboli
(since March 26, 2014) Issuer Rating % to Issuer Rating % to
Total Experience: Over 30 years NAV NAV
DEBT & DEBT RELATED Pipeline Infrastructure Pvt. Ltd. CRISIL - AAA 1.28
Government Securities (Central/State) CARE - AAA 1.27
DATE OF ALLOTMENT / INCEPTION DATE • 7.18 GOI 2033 Sovereign 5.08 Export - Import Bank of India CRISIL - AAA 0.85
• 7.26 GOI 2033 Sovereign 3.72
March 26, 2014 7.26 GOI 2032 Sovereign 1.51 Ltd. CRISIL - AAA 0.85
GOI 2034 Sovereign 1.11 ONGC Petro additions Ltd.
7.1 GOI 2034 Sovereign 0.94 (OPAL) (Put on ONGC Ltd.) CARE - AAA(CE) 0.59
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) 5.79 GOI 2030 Sovereign 0.88 Bank of Baroda CRISIL - AAA 0.51
Regular Plan - Growth Option 21.5052 7.64% Gujarat SDL ISD 170124 Indian Bank CRISIL - AAA 0.41
Regular Plan - IDCW Option 10.1511 MAT 170133 Sovereign 0.87 Sub Total 79.47
Direct Plan - Growth Option 22.3201 7.17 GOI 2030 Sovereign 0.86 Total 96.09
Direct Plan - IDCW Option 10.0414 7.64% % Gujarat SDL ISD MONEY MARKET INSTRUMENTS
170124 Mat 170134 Sovereign 0.52 CD
7.63% Gujarat SDL ISD 240124 IND - A1+ 0.41
ASSETS UNDER MANAGEMENT Mat 240133 Sovereign 0.43 Sub Total 0.41
As on August 31, 2024 7.63% Gujarat SDL ISD 240124 Alternative Investment Fund Units
` 5,919.26 Cr. Mat 240134 Sovereign 0.35 0.27
Average for Month of August 2024 7.23 GOI 2039 Sovereign 0.17 Sub Total 0.27
7.18 GOI 2037 Sovereign 0.09 Cash,Cash Equivalents and Net Current Assets 3.23
` 5,942.26 Cr. 7.63% Maharashtra SDL Mat Grand Total 100.00
310135 Sovereign 0.09
QUANTITATIVE DATA Sub Total 16.62 • Top Ten Holdings, £ Sponsor
Residual Maturity * 4.68 years Credit Exposure (Non Perpetual)
Macaulay Duration * 3.67 years • Small Industries Development CARE - AAA / CRISIL Outstanding exposure in derivative
years Bank - AAA 10.89 instruments Interest Rate Swap (` in Crore) 275.00
Annualized Portfolio YTM# * 7.49% •
#
semi annual YTM has been annualised. Corp. Ltd. CRISIL - AAA 10.76 ` 10, Data is as of August 31, 2024 unless
*Calculated on amount invested in debt securities •
Rural Dev. CRISIL - AAA / ICRA - AAA 9.90
(including accrued interest), deployment of funds • CRISIL - AAA 9.16 ¥ Dedicat
in TREPS and Reverse Repo and net receivable • REC Limited. CRISIL - AAA / ICRA Mr. Dhruv Muchhal (since June 22, 2023)
/ payable. - AAA 8.27 (Total Experience: Over 10 years).
• CRISIL - AAA 4.65
TOTAL EXPENSE RATIO (As on August 31, 2024) • CRISIL - AAA 4.25
• CRISIL - AAA 2.98 Page no. 101 to 103.
Including Additional Expenses and Goods and Service
National Housing Bank CARE - AAA / CRISIL
- AAA 2.97 no. 104.
Regular: 0.79% Direct: 0.39%
Development Corporation Ltd. CARE - AAA 2.80
Power Grid Corporation of
#BENCHMARK INDEX: India Ltd. CRISIL - AAA 2.56
State Bank of India CRISIL - AAA 2.56
Mahanagar Telephone Nigam
##ADDL. BENCHMARK INDEX: Ltd. (Corporate guarantee from CARE - AAA(CE) / CRISIL
Govt of India) - AAA(CE) 1.96
CRISIL 10 year Gilt Index

EXIT LOAD$$ : SIP PERFORMANCE ^ - Regular Plan - Growth Option

Nil Since Inception 10 year 5 year 3 year 1 year
SIP SIP SIP SIP SIP
Total Amount Invested (` in Lacs) 12.60 12.00 6.00 3.60 1.20
Mkt Value As on August 30, 2024 (` in Lacs) 18.39 17.12 7.01 3.98 1.25
Returns (%) 6.99 6.91 6.16 6.69 8.08
Portfolio Benchmark Returns (%) # 6.82 6.74 6.14 6.67 8.07
Additional Benchmark Returns (%) ## 6.31 6.20 5.78 7.55 10.34
Assuming `
Asset Class (%)
simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.

PERFORMANCE ^ - Regular Plan - Growth Option

G-Sec, SDL 16.62 Scheme Benchmark Additional Value of ` 10,000 invested
CD 0.41 Returns Returns Benchmark Scheme (`) Benchmark Additional
Date Period (%) (%)# Returns
Credit Exposure 79.47 (%) ## (`)# Benchmark
0.27 (`)##
Cash, Cash Equivalents and Net Current Assets 3.23 Aug 31, 23 Last 1 Year 7.49 7.46 8.82 10,749 10,746 10,882
Aug 31, 21 Last 3 Years 5.54 5.17 5.05 11,754 11,631 11,592
Aug 30, 19 Last 5 Years 6.51 6.24 5.28 13,715 13,539 12,939
Aug 28, 14 Last 10 Years 7.54 7.27 7.11 20,705 20,184 19,899
Mar 26, 14 Since Inception 7.61 7.38 7.19 21,505 21,032 20,642
Portfolio
refer page 109 to 115.
Rating Class (%)

^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into
consideration for computation of performance.

Sovereign 16.62
79.88
0.27 than what may ordinarily be expected considering only its duration. Hence investors are recommended to consider the unadjusted portfolio
Cash, Cash Equivalents and Net Current Assets 3.23 maturity of the scheme as well and exercise adequate due diligence when deciding to make their investments.

August 2024 93
 HDFC Banking and PSU Debt Fund
(An open ended debt scheme predominantly investing in debt instruments of
CATEGORY OF SCHEME

bonds. A Relatively High Interest Rate Risk and Moderate Credit Risk)

Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer

Benchmark (This product is suitable for (Current risk as per latest month
investors who are seeking ~) end portfolio)

HDFC Banking • Income over short to medium

and PSU Debt term.
Fund • To generate income /
rate Moderately
capital appreciation through
o Mode High Modera
w t erate Hi oderate High tely
investments in debt and money o M
BENCHMARK : w t erate Hi

Mo Lo

gh
d
market instruments consisting

Mo Lo

gh
d
predominantly of securities issued

Very
High
Low
by entities such as Scheduled

Very
High
Low
Index A-II
Commercial Banks (SCBs), Public RISKOMETER
Investors understand that their principal will be at RISKOMETER
moderate risk Investors understand that their principal will be at
low to moderate risk

and such other bodies

Potential Risk Class (Maximum risk the Scheme can take)

Relatively Low Moderate Relatively High
(Class A) (Class B) (Class C)
Relatively Low (Class I)
Moderate (Class II)
Relatively High (Class III) B-III
B-III - A Scheme with Relatively High Interest Rate Risk and Moderate Credit Risk.

Stcheme and Benchmark Riskometer As on August 31, 2024

94 August 2024
 HDFC Credit Risk Debt Fund
[An open ended debt scheme predominantly investing in AA and below rated corporate
CATEGORY OF SCHEME
bonds (excluding AA+ rated corporate bonds) A Relatively High Interest Rate Risk and
Relatively High Credit Risk]

INVESTMENT OBJECTIVE : To generate income/capital appreciation by investing predominantly in AA and below rated corporate debt. There is no assurance that the
investment objective of the Scheme will be achieved.

FUND MANAGER ¥ SIP PERFORMANCE ^ - Regular Plan - Growth Option

Shobhit Mehrotra Since Inception 10 year 5 year 3 year 1 year
(since March 25, 2014) SIP SIP SIP SIP SIP
Total Experience: Over 31 years Total Amount Invested (` in Lacs) 12.60 12.00 6.00 3.60 1.20
Mkt Value As on August 30, 2024 (` in Lacs) 18.84 17.51 7.14 4.00 1.26
Returns (%) 7.42 7.34 6.92 6.96 8.64
DATE OF ALLOTMENT / INCEPTION DATE Benchmark Returns (%) # 8.86 8.81 8.67 8.81 8.79
March 25, 2014 Additional Benchmark Returns (%) ## 6.31 6.20 5.78 7.55 10.34
Assuming `
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
Regular Plan - Growth Option 22.5265
Regular Plan - IDCW Option 20.7432 PERFORMANCE ^ - Regular Plan - Growth Option
Regular Plan - Quarterly IDCW Option 10.4117
Direct Plan - Growth Option 24.2201 Scheme Benchmark Additional Value of ` 10,000 invested
Direct Plan - IDCW Option 21.2314 Returns Returns Benchmark
Scheme (`) Benchmark Additional
Direct Plan - Quarterly IDCW Option 10.7419 Date Period (%) (%)# Returns
(%) ## (`)# Benchmark
(`)##
ASSETS UNDER MANAGEMENT Aug 31, 23 Last 1 Year 7.86 8.02 8.82 10,786 10,802 10,882
As on August 31, 2024 Aug 31, 21 Last 3 Years 5.91 7.29 5.05 11,881 12,349 11,592
` 7,669.17 Cr. Aug 30, 19 Last 5 Years 7.38 8.05 5.28 14,284 14,731 12,939
Average for Month of August 2024 Aug 28, 14 Last 10 Years 7.96 8.47 7.11 21,532 22,564 19,899
` 7,711.73 Cr. Mar 25, 14 Since Inception 8.09 8.57 7.19 22,527 23,587 20,653
Returns greater than 1 year period are compounded annualized (CAGR). Load is not taken into consideration for computation of performance.
QUANTITATIVE DATA
Residual Maturity * 3.15 years
Macaulay Duration * 2.31 years
2.17 years
Annualized Portfolio YTM# * 8.50% ^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into
consideration for computation of performance.
#
semi annual YTM has been annualised.
*Calculated on amount invested in debt securities Note:
(including accrued interest), deployment of funds
in TREPS and Reverse Repo and net receivable in line with SEBI circular on Performance disclosure post consolidation/ merger of scheme dated April 12, 2018.
/ payable.

TOTAL EXPENSE RATIO (As on August 31, 2024)

Including Additional Expenses and Goods and Service
Portfolio Portfolio
Regular: 1.58% Direct: 0.97%
Asset Class (%) Rating Class (%)

#BENCHMARK INDEX:
Nifty Credit Risk Bond Index B-II
2.07
##ADDL. BENCHMARK INDEX: 2.96 Sovereign 10.09
CRISIL 10 year Gilt Index G-Sec, SDL 10.09 2.07
Securitized Debt Instruments 1.66 2.96
CP 0.32 13.56
EXIT LOAD$$ :
CD 0.32 AA+ 15.82
the units (“the limit”) may be redeemed without any Credit Exposure 77.93 AA/AA- 41.75
exit Load from the date of allotment 0.29
• Any redemption in excess of the above limit shall be 0.29
subject to the following exit load: Cash, Cash Equivalents and Net Current Assets 4.36 9.10
Cash, Cash Equivalents and Net Current Assets 4.36
/ switched-out within 12 months from the date of
allotment
Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer
Benchmark (This product is suitable for (Current risk as per latest month
/ switched-out after 12 months but within 18 months
from the date of allotment investors who are seeking ~) end portfolio)
switched-out after 18 months from the date of
allotment HDFC Credit • Income over short to medium Modera
oderate High tely
Risk Debt term o M rate Moderately
w t erate Hi Mode High
• To generate income/capital o
Fund w t erate Hi
Mo Lo

gh
d

appreciation by investing
Mo Lo

gh
d
Very

predominantly in AA and below

High
Low

BENCHMARK :
Very
High
Low

Nifty Credit Risk rated corporate debt (excluding

RISKOMETER
Bond Index B-II AA+ rated corporate bonds) RISKOMETER
Investors understand that their principal will be at
moderately high risk Investors understand that their principal will be at
moderately high risk
Potential Risk Class (Maximum risk the Scheme can take)
Relatively Low Moderate Relatively High
(Class A) (Class B) (Class C)
Relatively Low (Class I)
Moderate (Class II)
Relatively High (Class III) C-III
C-III - A Scheme with Relatively High Interest Rate Risk and Relatively High Credit Risk.

Scheme and Benchmark Riskometer As on August 31, 2024 ....Contd on next page

August 2024 95
 .....Contd from previous page
HDFC Credit Risk Debt Fund
[An open ended debt scheme predominantly investing in AA and below rated corporate
CATEGORY OF SCHEME
bonds (excluding AA+ rated corporate bonds) A Relatively High Interest Rate Risk and
Relatively High Credit Risk]

PORTFOLIO

Issuer Industry+ / Issuer Rating % to NAV Issuer Industry+ / Issuer Rating % to NAV
Security Rating Security Rating
DEBT & DEBT RELATED India Grid Trust CRISIL - AAA / ICRA
- AAA CRISIL - AAA 0.90
Government Securities (Central/State)
NTPC Limited CRISIL - AAA CRISIL - AAA 0.79
7.1 GOI 2029 Sovereign Sovereign 1.65
ICRA - AA(SO) ICRA - AA(SO) 0.78
6.54 GOI 2032 Sovereign Sovereign 1.54
ICRA - AA- CRISIL - AA- 0.77
GOI 2034 Sovereign Sovereign 1.32
Steel Authority Of India Ltd. IND - AA CARE - AA 0.72
7.3 GOI 2053 Sovereign Sovereign 1.08
Vajra 004 Trust CRISIL -
7.1 GOI 2034 Sovereign Sovereign 1.02 CRISIL - AA(SO) AAA(SO) 0.68
7.18 GOI 2037 Sovereign Sovereign 0.67 Sikka Port and Terminal Ltd. (erstwhile
7.26 GOI 2033 Sovereign Sovereign 0.60 Reliance Ports and Terminals Ltd.) CRISIL - AAA CRISIL - AAA 0.64
7.25 GOI 2063 Sovereign Sovereign 0.54 CRISIL - AAA CRISIL - AAA 0.64
7.64% Andhra Pradesh SDL ISD 170124 MAT
170131 Sovereign Sovereign 0.50
Ltd.) CRISIL - AAA CRISIL - AAA 0.63
Sovereign Sovereign 0.34
CRISIL - AA CRISIL - AA 0.33
7.67% Chhattisgarh SDL ISD 240124 Mat
240131 Sovereign Sovereign 0.33 REC Limited. CRISIL - AAA CRISIL - AAA 0.27
7.66% RAJASTHAN SDL ISD 240124 Mat Vajra 006 Trust ICRA - AA(SO) ICRA - AA(SO) 0.20
240131 Sovereign Sovereign 0.19 Sub Total 79.21
7.23 GOI 2039 Sovereign Sovereign 0.13 Credit Exposure (Perpetual Bonds)
7.26 GOI 2032 Sovereign Sovereign 0.07
7.60% Tamil Nadu SDL Mat 310131 Sovereign Sovereign 0.07 Motors Ltd.) (Perpetual) CRISIL - AA+ CRISIL - AA+ 0.38
7.17 GOI 2030 Sovereign Sovereign 0.04 Sub Total 0.38
Sub Total 10.09 Total 89.68
Credit Exposure (Non Perpetual) UNITS ISSUED BY REIT & INVIT
• Kalpataru Projects International Ltd CRISIL - AA / IND - AA CRISIL - AA 6.85 Units issued by InvIT
• CRISIL - AAA CRISIL - AAA 5.60 Bharat Highways InvIT Construction Construction 1.81
• Tata Motors Ltd. CRISIL - AA+ CRISIL - AA+ 5.09 POWERGRID Infrastructure Investment Trust Power Power 0.26
• Godrej Industries Ltd. CRISIL - AA ICRA - AA 4.88 Sub Total 2.07
• Tata Projects Ltd. IND - AA IND - AA 4.63 Units issued by ReIT
• CRISIL - AA- CARE - A+ 4.55 • Realty Realty 2.96
• ONGC Petro additions Ltd. (OPAL) (Put on Sub Total 2.96
ONGC Ltd.) CRISIL - AA CRISIL - AA 4.45 Total 5.03
• The Tata Power Company Ltd. CARE - AA+ CRISIL - AA+ 3.03 MONEY MARKET INSTRUMENTS
• GERA Development Pvt. Ltd. CARE - AA- CARE - AA- 2.90 CP
CRISIL - AAA / IND TATA Housing Development Co Ltd. CARE - A1+ CARE - AA 0.32
- AA+ ICRA - AA+ 2.76
Sub Total 0.32
TVS Credit Services Ltd CRISIL - AA CRISIL - AA 2.69
CD
Resco Global Wind Services Pvt. Ltd. CRISIL -
CRISIL - AA+(CE) AA+(CE) 2.61 IDBI Bank Limited CRISIL - A1+ CARE - AA- 0.32
Nirma Ltd. CRISIL - AA CRISIL - AA 2.49 Sub Total 0.32
CRISIL - AA / ICRA Total 0.64
- AA CRISIL - AA 1.95
Alternative Investment Fund Units
ICRA - AA ICRA - AA 1.95
0.29
CRISIL - AA+ CRISIL - AA+ 1.95
Sub Total 0.29
CARE - AA- CRISIL - A+ 1.95
Cash,Cash Equivalents and Net Current Assets 4.36
CRISIL - AA CRISIL - AA 1.94
Grand Total 100.00
ICRA - A+ CARE - A+ 1.62
Infopark Properties Limited CARE - AA- CARE - AA- 1.31 • Top Ten Holdings
CRISIL - AA- CRISIL - AA- 1.30 Outstanding exposure in derivative instruments Interest Rate Swap (` in Crore) 125.00
CRISIL - AAA CARE - AAA 1.30
CRISIL - AAA CRISIL - AAA 1.12 `
long term rating.
CRISIL - AAA CRISIL - AAA 0.99
BRICKWORKS
CARE - AA- - A+ 0.98
Nuvoco Vistas Corporation Ltd. (100% Mr. Dhruv Muchhal (since June 22, 2023)
(Total Experience: Over 10 years).
India Ltd.) CRISIL - AA CRISIL - AA 0.97

of an order greater than what may ordinarily be expected considering only its duration. Hence investors are recommended to consider
the unadjusted portfolio maturity of the scheme as well and exercise adequate due diligence when deciding to make their investments.

96 August 2024
 HDFC Dynamic Debt Fund CATEGORY OF SCHEME
(An open ended dynamic debt scheme investing across duration. A Relatively High Interest Rate
Risk and Moderate Credit Risk)

KEY FACTS
INVESTMENT OBJECTIVE : To generate income / capital appreciation by investing in a range of debt and money market instruments. There is no assurance that the investment
objective of the Scheme will be achieved.

FUND MANAGER ¥ PORTFOLIO

Anil Bamboli
Total Experience: Over 30 years Issuer Rating % to Issuer Rating % to
NAV NAV
DEBT & DEBT RELATED UNITS ISSUED BY REIT & INVIT
DATE OF ALLOTMENT / INCEPTION DATE Government Securities (Central/State) Units issued by InvIT
April 28, 1997 • 7.3 GOI 2053 Sovereign 15.94 Bharat Highways InvIT Construction 1.54
• 7.18 GOI 2033 Sovereign 15.67 Sub Total 1.54
• 7.1 GOI 2034 Sovereign 9.51 Units issued by ReIT
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) • 7.26 GOI 2032 Sovereign 9.23 Realty 0.52
Regular Plan - Growth Option 84.5599 • 7.26 GOI 2033 Sovereign 8.21 Sub Total 0.52
Regular Plan - Quarterly IDCW Option 12.5312 • 7.25 GOI 2063 Sovereign 7.57 Total 2.06
Regular Plan - Half-Yearly IDCW Option 11.8112
Regular Plan - Yearly IDCW Option 13.4956 • GOI 2034 Sovereign 6.08 Alternative Investment Fund Units
Regular Plan - Normal IDCW Option 18.1159 • 7.18 GOI 2037 Sovereign 2.74 0.24
Direct Plan - Growth Option 92.7332 7.64% Gujarat SDL ISD 170124 Sub Total 0.24
Direct Plan - Quarterly IDCW Option 13.9224 MAT 170133 Sovereign 1.37 Cash,Cash Equivalents and Net Current Assets 6.26
Direct Plan - Half-Yearly IDCW Option 13.7449 7.65% Chhattisgarh SDL Mat Grand Total
Direct Plan - Yearly IDCW Option 14.9892 100.00
310133 Sovereign 1.37
Direct Plan - Normal IDCW Option 19.5256 7.09 GOI 2054 Sovereign 1.35 • Top Ten Holdings, £ Sponsor, @ less than 0.01%
7.63% Gujarat SDL ISD 240124
ASSETS UNDER MANAGEMENT Mat 240133 Sovereign 0.69 ` 10, Data is as of August 31, 2024 unless
As on August 31, 2024 7.63% Gujarat SDL ISD 240124
` 747.88 Cr. Mat 240134 Sovereign 0.69
Average for Month of August 2024 7.64% % Gujarat SDL ISD ¥ Dedicat
` 733.76 Cr. 170124 Mat 170134 Sovereign 0.69 Mr. Dhruv Muchhal (since June 22, 2023)
(Total Experience: Over 10 years).
QUANTITATIVE DATA 200324 Mat 200336 Sovereign 0.68
Residual Maturity * 14.27 years 6.67 GOI 2035 Sovereign 0.63
Macaulay Duration * 7.36 years 8.26% Maharashtra SDL - ISD
years 120815 Mat 120825 Sovereign 0.08 ` 3.48 Crore.
Annualized Portfolio YTM# * 7.15%
#
semi annual YTM has been annualised. Scheme- Strip IX ) - ISD 230616
*Calculated on amount invested in debt securities Mat 230626 Sovereign @ Page no. 101 to 103.
(including accrued interest), deployment of funds in Sub Total
TREPS and Reverse Repo and net receivable / payable.
82.50
Credit Exposure (Non Perpetual)
TOTAL EXPENSE RATIO (As on August 31, 2024) • REC Limited. CRISIL - AAA 3.53 no. 104.
Including Additional Expenses and Goods and Service • CRISIL - AAA 3.38
Pipeline Infrastructure Pvt. Ltd. CRISIL - AAA 2.03
Regular: 1.55% Direct: 0.74% Sub Total 8.94
Total 91.44

#BENCHMARK INDEX:
Nifty Composite Debt Index A- III
##ADDL. BENCHMARK INDEX: SIP PERFORMANCE ^ - Regular Plan - Growth Option
CRISIL 10 year Gilt Index Since Inception 15 year 10 year 5 year 3 year 1 year
SIP SIP SIP SIP SIP SIP
EXIT LOAD$$ : Total Amount Invested (` in Lacs) 32.90 18.00 12.00 6.00 3.60 1.20
Nil Mkt Value As on August 30, 2024 (` in Lacs) 100.57 30.83 16.48 7.09 4.00 1.26
Returns (%) 7.28 6.82 6.19 6.61 7.03 9.73
Benchmark Returns (%) # N.A. 8.31 7.74 7.04 7.01 8.15
Additional Benchmark Returns (%) ## N.A. 6.48 6.20 5.78 7.55 10.34
Portfolio Assuming `
simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
Asset Class (%)

PERFORMANCE ^ - Regular Plan - Growth Option

1.54 Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme (`) Benchmark Additional
0.52 Date Period (%) (%)# Returns
(%) ## (`)# Benchmark
G-Sec, SDL 82.50 (`)##
Credit Exposure 8.94 Aug 31, 23 Last 1 Year 8.55 8.17 8.82 10,855 10,817 10,882
0.24 Aug 31, 21 Last 3 Years 5.07 5.53 5.05 11,600 11,752 11,592
Cash, Cash Equivalents and Net Current Assets 6.26 Aug 30, 19 Last 5 Years 6.71 6.68 5.28 13,843 13,819 12,939
Aug 28, 14 Last 10 Years 6.93 7.82 7.11 19,554 21,254 19,899
Apr 28, 97 Since Inception 8.12 NA NA 84,560 NA NA

Portfolio
Direct Plan, refer page 109 to 115.
Rating Class (%)
^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into
consideration for computation of performance.
Sovereign 82.50
1.54
0.52
8.94 than what may ordinarily be expected considering only its duration. Hence investors are recommended to consider the unadjusted portfolio
0.24 maturity of the scheme as well and exercise adequate due diligence when deciding to make their investments.
Cash, Cash Equivalents and Net Current Assets 6.26

August 2024 97
 HDFC Dynamic Debt Fund CATEGORY OF SCHEME
(An open ended dynamic debt scheme investing across duration. A Relatively High Interest Rate
Risk and Moderate Credit Risk)

Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer

Benchmark (This product is suitable for (Current risk as per latest month
investors who are seeking ~) end portfolio)

HDFC • Income over medium to long term Modera

oderate High tely
Dynamic Debt • To generate income / capital o M rate Moderately
w t erate Hi Mode High
appreciation by investing in a o
Fund w t erate Hi

Mo Lo

gh
d
range of debt and money market

Mo Lo

gh
d
Very
instruments

High
Low
BENCHMARK :

Very
High
Low
Nifty Composite RISKOMETER
Debt Index A-III Investors understand that their principal will be at RISKOMETER
moderate risk Investors understand that their principal will be at
moderate risk

Potential Risk Class (Maximum risk the Scheme can take)

Relatively Low Moderate Relatively High
(Class A) (Class B) (Class C)
Relatively Low (Class I)
Moderate (Class II)
Relatively High (Class III) B-III
B-III - A Scheme with Relatively High Interest Rate Risk and Moderate Credit Risk.

Scheme and Benchmark Riskometer As on August 31, 2024

98 August 2024
 HDFC Gilt Fund CATEGORY OF SCHEME
(An open ended debt scheme investing in government securities across maturities.
A Relatively High Interest Rate Risk and Relatively Low Credit Risk)

KEY FACTS
INVESTMENT OBJECTIVE : To generate credit risk-free returns through investments in sovereign securities issued by the Central Government and/ or State Government.
There is no assurance that the investment objective of the Scheme will be achieved.

FUND MANAGER ¥ PORTFOLIO

Anil Bamboli
(since September 1, 2007)
Total Experience: Over 30 years Issuer Rating % to Issuer Rating % to
NAV NAV
DEBT & DEBT RELATED 7.95 GOI 2032 Sovereign 0.05
DATE OF ALLOTMENT / INCEPTION DATE Government Securities (Central/State) 8.97 GOI 2030 Sovereign 0.04
July 25, 2001 • 7.18 GOI 2033 Sovereign 28.12 6.76 GOI 2061 Sovereign 0.01
• 7.3 GOI 2053 Sovereign 18.23 Sub Total 96.42
NAV (AS ON AUGUST 30, 2024) NAV PER UNIT (`) • 7.26 GOI 2033 Sovereign 9.28 Cash,Cash Equivalents and Net Current Assets 3.58
Regular Plan - Growth Option 51.9741 • 7.1 GOI 2034 Sovereign 8.84 Grand Total 100.00
Regular Plan - IDCW Option 12.0614 • 7.17 GOI 2030 Sovereign 6.91 • Top Ten Holdings
Direct Plan - Growth Option 54.5109 • 7.26 GOI 2032 Sovereign 6.57
Direct Plan - IDCW Option 12.8885
• 7.18 GOI 2037 Sovereign 4.64 Outstanding exposure in derivative
• 7.25 GOI 2063 Sovereign 3.31 instruments Interest Rate Swap (` in Crore) 45.00
ASSETS UNDER MANAGEMENT
As on August 31, 2024 • 6.79 GOI 2029 Sovereign 2.45 ` 10, Data is as of August 31, 2024 unless
` 2,645.04 Cr. • 7.64% Gujarat SDL ISD 170124
Average for Month of August 2024 MAT 170133 Sovereign 1.91
` 2,571.24 Cr. 7.64% % Gujarat SDL ISD ¥ Dedicat
170124 Mat 170134 Sovereign 1.17
Mr. Dhruv Muchhal (since June 22, 2023)
QUANTITATIVE DATA 7.23 GOI 2039 Sovereign 0.97 (Total Experience: Over 10 years).
Residual Maturity * 13.51 years 7.65% Chhattisgarh SDL Mat
Macaulay Duration * 7.70 years 310133 Sovereign 0.97
years 7.63% Gujarat SDL ISD 240124 ` 82.07 Crore.
Annualized Portfolio YTM# * 7.05% Mat 240133 Sovereign 0.58
#
semi annual YTM has been annualised.
GOI 2034 Sovereign 0.57
*Calculated on amount invested in debt securities Page no. 101 to 103.
(including accrued interest), deployment of funds 7.34 GOI 2064 Sovereign 0.39
in TREPS and Reverse Repo and net receivable 7.63% Gujarat SDL ISD 240124
/ payable. Mat 240134 Sovereign 0.39 no. 104.
7.09 GOI 2054 Sovereign 0.38
TOTAL EXPENSE RATIO (As on August 31, 2024)
Including Additional Expenses and Goods and Service 200324 Mat 200336 Sovereign 0.38
6.99 GOI 2051 Sovereign 0.14
Regular: 0.89% Direct: 0.46%
271223 Mat 271233 Sovereign 0.12

#BENCHMARK INDEX:
Nifty All Duration G-Sec Index
##ADDL. BENCHMARK INDEX:
CRISIL 10 year Gilt Index
SIP PERFORMANCE ^ - Regular Plan - Growth Option
Since Inception 15 year 10 year 5 year 3 year 1 year
EXIT LOAD$$ : SIP SIP SIP SIP SIP SIP
Nil Total Amount Invested (` in Lacs) 27.80 18.00 12.00 6.00 3.60 1.20
Mkt Value As on August 30, 2024 (` in Lacs) 66.33 31.50 16.65 6.98 4.01 1.26
Returns (%) 6.87 7.08 6.38 6.00 7.18 9.79
Benchmark Returns (%) # 7.52 7.66 7.23 6.76 8.02 10.82
Additional Benchmark Returns (%) ## N.A. 6.48 6.20 5.78 7.55 10.34
Assuming `
Portfolio
simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.

Asset Class (%)

PERFORMANCE ^ - Regular Plan - Growth Option
Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme (`) Benchmark Additional
Date Period (%) (%)# Returns
G-Sec, SDL 96.42 (%) ## (`)# Benchmark
(`)##
Cash, Cash Equivalents and Net Current Assets 3.58 Aug 31, 23 Last 1 Year 8.61 9.75 8.82 10,861 10,975 10,882
Aug 31, 21 Last 3 Years 5.35 6.31 5.05 11,693 12,016 11,592
Aug 30, 19 Last 5 Years 5.85 6.65 5.28 13,292 13,801 12,939
Aug 28, 14 Last 10 Years 7.59 8.00 7.11 20,795 21,618 19,899
Jul 25, 01 Since Inception 7.39 NA NA 51,974 NA NA

Portfolio
Direct Plan, refer page 109 to 115.
Rating Class (%)
^Past performance may or may not be sustained in future and is not a guarantee of any future returns. Load is not taken into
consideration for computation of performance.

Sovereign 96.42
Cash, Cash Equivalents and Net Current Assets 3.58 than what may ordinarily be expected considering only its duration. Hence investors are recommended to consider the unadjusted portfolio
maturity of the scheme as well and exercise adequate due diligence when deciding to make their investments.

....Contd on next page

August 2024 99
 HDFC Gilt Fund CATEGORY OF SCHEME
(An open ended debt scheme investing in government securities across maturities.
A Relatively High Interest Rate Risk and Relatively Low Credit Risk)

Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer

Benchmark (This product is suitable for (Current risk as per latest month
investors who are seeking ~) end portfolio)

HDFC Gilt • Credit risk free returns over Modera

oderate High tely
Fund medium to long term o M rate Moderately
w t erate Hi Mode High
• To generate credit risk-free returns o
w t erate Hi

Mo Lo

gh
d
through investments in sovereign

Mo Lo
BENCHMARK :

gh
d
Very
securities issued by the Central

High
Low
Nifty All Duration

Very
High
Low
G-Sec Index Government and / or State
RISKOMETER
Government RISKOMETER
Investors understand that their principal will be at
moderate risk Investors understand that their principal will be at
moderate risk

Potential Risk Class (Maximum risk the Scheme can take)

Relatively Low Moderate Relatively High
(Class A) (Class B) (Class C)
Relatively Low (Class I)
Moderate (Class II)
Relatively High (Class III) A-III
A-III - A Scheme with Relatively High Interest Rate Risk and Relatively Low Credit Risk.

Scheme and Benchmark Riskometer As on August 31, 2024

100 August 2024

FUND DETAILS ANNEXURE

SCHEME NAME MINIMUM APPLICATION AMOUNT PLANS & OPTIONS

Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.

Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.

Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.

Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.

Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.

Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.

Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.

Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.

Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.

Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.

Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.

Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.

Purchase/ Switch-ins and Additional Purchase:

Not Applicable Currently, the Scheme does not accept fresh lumpsum investments

under Monthly frequency shall be registered for upto Rs. 10,000/- per investor
the Scheme shall be registered

Please note, vide addendum dated July 08 2024, the scheme shall not accept
transactions already registered will continue to be processed

Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.

Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.

Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.

Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.

Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.

Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.

Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.

Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.

Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.

Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.

August 2024 101

 FUND DETAILS ANNEXURE

SCHEME NAME MINIMUM APPLICATION AMOUNT PLANS & OPTIONS

Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.

of IDCW Option.

Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.

of IDCW Option.

Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.

Re-investment of IDCW Option.

Purchase/Additional Purchase:- Rs. 500 and any amount thereafter.

Purchase/Additional Purchase:- Rs. 100 and any amount thereafter. Regular Plan, Direct Plan.

Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.

Plan
Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.

Equity Plan
Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.
Debt Plan
`
Daily IDCW Option : ` 10,000 and any amount thereafter.
` 100 and any amount thereafter.
` 5,000 and any amount thereafter

Weekly IDCW Option and Monthly IDCW Option: ` 5,000 and any amount
thereafter.
` 10,000 and any amount thereafter. of IDCW Option.

Weekly IDCW Option and Monthly IDCW Option: ` 1,000 and any amount
` 5,000 and any amount thereafter.

Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.

Re-investment of IDCW Option.

Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.

of IDCW Option.

Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.

Option.

Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.

Payout of IDCW Option; and Reinvestment of IDCW Option.

Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.

Payout of IDCW Option; and Reinvestment of IDCW Option.

Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.

of IDCW Option; and Reinvestment of IDCW Option.

Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.

of IDCW Option.

(Wholesale Plan)
Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.
Sub-Options: Payout of IDCW Option; and Re-investment of IDCW Option.

102 August 2024

 FUND DETAILS ANNEXURE

SCHEME NAME MINIMUM APPLICATION AMOUNT PLANS & OPTIONS

Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.

Re-investment of IDCW Option.

Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.

of IDCW Option; and Reinvestment of IDCW Option.

Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.

and Re-investment of IDCW Option.

Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.

of IDCW Option; and Reinvestment of IDCW Option.

Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.

Options: Payout of IDCW Option; and Reinvestment of IDCW Option.

Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.

of IDCW Option.

Purchase/Additional Purchase:- Rs. 100 and any amount thereafter.

of IDCW Option.

SEGMENT-WISE BREAK-UP OF EQUITY & HYBRID HOLDING

SCHEME Large Cap Mid Cap Small Cap
7.30% 65.98% 18.84%
47.33% 3.85% 17.03%
3.86% 8.11% 80.88%
49.54% 35.88% 12.06%
93.79% 3.17% 0.00%
74.27% 2.95% 9.28%
67.96% 5.70% 24.20%
43.38% 25.83% 27.52%
38.16% 5.17% 6.74%
24.16% 3.34% 4.28%
36.00% 3.87% 6.99%
19.44% 2.15% 2.03%

This breakup pertains only to equity exposure.

August 2024 103

 Performance details of Schemes managed by respective Fund Managers
Sr. Name of the Page Sr. Name of the Page
No. Fund Manager Funds Managed no. No. Fund Manager Funds Managed no.
1 Mr. Chirag Setalvad 15-16 106
17-18 106
49-50 106
62-63 106
2 Mr. Nirman 45-48 106
Morakhia 51-52 106
56-57 106
86-88 106
106 106
86-88
scheme) 106 107
107 107
107 107
BSE SENSEX Plan (Co-managed scheme) 107 107
107 107
107 107
107 107
107 107
107 107
107 108
107 108
108 108
108 108
108 108
3 Mr. Shobhit 58-59 108
Mehrotra 9 Mr. Srinivasan 37-38
(Co-managed scheme) 64-65 Ramamurthy 39-40
45-48
(Co-managed scheme) 66-67 51-52
53-54
(Co-managed scheme) 68-69 55
81-82 56-57
83-84 58-59
85
89-90 (Co-managed scheme) 64-65
95-96
4 Mr. Anil Bamboli 45-48 (Co-managed scheme) 66-67
51-52
53-54 (Co-managed scheme) 68-69
56-57 10 Ms. Roshi Jain 8-9
62-63 26-27
70 60-61
73-74 11 Mr. Bhagyesh 51-52
79-80 Kagalkar 53-54
86-88 (Dedicated Fund 108
93-94 Manager for
97-98 Commodities related 108
99-100 investments)
55 12 Mr. Rahul Baijal 13-14
107 27-28
5 Mr. Anupam Joshi 49-50 41
71-72 13 Mr. Praveen Jain 75-76
75-76 14 Mr. Swapnil Jangam 71-72
91-92 15 Mr. Anand Laddha 22-23
6 Mr. Vikash Agarwal 73-74 32-33
(till August 30, 77-78 16 Mr. Abhishek Poddar 31
2024) 89-90 17 Mr. Amit Sinha 42
105 18 Ms. Priya Ranjan 29-30
105 19 Mr. Balakumar B 34
105 20 Mr. Nikhil Mathur 35-36
105 21 Mr. Rakesh Sethia 43-44
105
105
105
105
106
7 Mr. Gopal Agrawal 10-12

19-21
21-22
45-48
8 Mr. Arun Agarwal 45-48
51-52
56-57
106
106

$$ EXIT LOAD : (i) No exit load shall be levied for switching between Options under the same Plan within a Scheme. (ii) Switch of investments to Direct Plan within the same Scheme shall be subject
to applicable exit load, unless the investments were made without any distributor code. However, any subsequent switch-out or redemption of such investments from the Direct Plan will not be
subject to any exit load. (iii) No exit load shall be levied for switch-out from Direct Plan to other Plan within the same Scheme. However, any subsequent switch-out or redemption of such investment
from the other Plan shall be subject to exit load based on the original date of investment in the Direct Plan. (iv) Switch of investments between Plans under a Scheme having separate portfolios,
prevailing 1. In case of lumpsum transactions, on the date of allotment of units 2. In case of Systematic Transactions such as SIP, STP etc., on the date of registration / enrolment.

consequences, each investor is advised to consult his / her own professional tax advisor.
Applicability of Stamp Duty :
mutual fund purchase transactions (including transactions carried through stock exchanges and depositories for units in demat mode). Thus, the number of units allotted on all the applicable
mutual fund transactions would be reduced to the extent of levy of stamp duty.

104 August 2024

 SCHEME PERFORMANCE - REGULAR PLAN - GROWTH OPTION (FUND MANAGER-WISE)

VIKASH AGARWAL HDFC NIfty SDL Plus G-Sec Jun 2027 NAV as at August 30, 2024 ` 11.1387
40:60 Index Fund
` 11.4043 Date Period Scheme Benchmark Additional Value of ` 10,000 invested
HDFC Nifty G-Sec Dec 2026 Index Fund NAV as at August 30, 2024 Returns Returns Benchmark Scheme Benchmark Additional
Date Period Scheme Benchmark Additional Value of ` 10,000 invested (%) (%)# Returns (`) (`)# Benchmark
Returns Returns Benchmark Scheme Benchmark Additional (%) ## (`)##
(%) (%)# Returns (`) (`)# Benchmark Aug 31, 23 Last 1 Year 8.00 8.45 8.82 10,800 10,845 10,882
(%) ## (`)## Mar 23, 23 Since Inception 7.77 8.22 9.05 11,139 11,206 11,330
Aug 31, 23 Last 1 Year 7.79 8.16 8.82 10,779 10,816 10,882 # Nifty SDL Plus G-Sec Jun 2027 40:60 Index ## CRISIL 10 year Gilt Index. The scheme will be
Nov 10, 22 Since Inception 7.55 7.89 8.75 11,404 11,470 11,635 managed by Anupam Joshi from 31st August 2024.
# Nifty G-Sec Dec 2026 Index ## CRISIL 10 year Gilt Index. The scheme will be managed by
Anupam Joshi from 31st August 2024. ` 11.5701
HDFC FMP 1861D March 2022 (46) NAV as at August 30, 2024

` 11.6066 Date Period Scheme Benchmark Additional Value of ` 10,000 invested

HDFC Nifty G-Sec July 2031 Index Fund NAV as at August 30, 2024 Returns Returns Benchmark Scheme Benchmark Additional
Date Period Scheme Benchmark Additional Value of ` 10,000 invested (%) (%)# Returns (`) (`)# Benchmark
Returns Returns Benchmark Scheme Benchmark Additional (%) ## (`)##
(%) (%)# Returns (`) (`)# Benchmark Aug 31, 23 Last 1 Year 8.14 8.13 8.82 10,814 10,813 10,882
(%) ## (`)## Mar 09, 22 Since Inception 6.06 6.42 6.76 11,570 11,668 11,760
Aug 31, 23 Last 1 Year 8.85 9.20 8.82 10,885 10,920 10,882 The scheme will be
Nov 10, 22 Since Inception 8.60 8.98 8.75 11,607 11,680 11,635 managed by Anupam Joshi from 31st August 2024.
# Nifty G-Sec July 2031 Index ## CRISIL 10 year Gilt Index. The scheme will be managed by
Anupam Joshi from 31st August 2024.
HDFC FMP 1162D March 2022 (46) NAV as at August 30, 2024 ` 11.4474
HDFC Nifty G-Sec June 2027 Index Fund NAV as at August 30, 2024 ` 11.3418 Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional
Date Period Scheme Benchmark Additional Value of ` 10,000 invested (%) (%)# Returns
Returns Returns Benchmark Scheme Benchmark Additional (%) ## (`) (`)# Benchmark
(%) (%)# Returns (`)##
(%) ## (`) (`)# Benchmark
(`)## Aug 31, 23 Last 1 Year 7.34 7.76 8.82 10,734 10,776 10,882
Aug 31, 23 Last 1 Year 7.98 8.15 8.82 10,798 10,815 10,882 Mar 15, 22 Since Inception 5.64 5.82 6.62 11,447 11,495 11,710
Dec 09, 22 Since Inception 7.57 7.82 8.62 11,342 11,388 11,534
by Anupam Joshi from 31st August 2024.
# Nifty G-Sec Jun 2027 Index ## CRISIL 10 year Gilt Index. The scheme will be managed by
Anupam Joshi from 31st August 2024.
HDFC FMP 1876D March 2022 (46) NAV as at August 30, 2024 ` 11.5380

HDFC Nifty G-Sec Sep 2032 Index Fund NAV as at August 30, 2024 ` 11.5258 Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional
Date Period Scheme Benchmark Additional Value of ` 10,000 invested (%) (%)# Returns (`) (`)# Benchmark
Returns Returns Benchmark Scheme Benchmark Additional (%) ## (`)##
(%) (%)# Returns (`) (`)# Benchmark Aug 31, 23 Last 1 Year 8.18 8.13 8.82 10,818 10,813 10,882
(%) ## (`)## Mar 29, 22 Since Inception 6.08 6.28 6.63 11,538 11,592 11,684
Aug 31, 23 Last 1 Year 8.75 9.20 8.82 10,875 10,920 10,882 The scheme will be
Dec 09, 22 Since Inception 8.58 9.00 8.62 11,526 11,604 11,534 managed by Anupam Joshi from 31st August 2024.
# Nifty G-Sec Sep 2032 Index ## CRISIL 10 year Gilt Index. The scheme will be managed by Anupam
Joshi from 31st August 2024. HDFC FMP 1158D July 2022 (46) NAV as at August 30, 2024 ` 11.5211
Date Period Scheme Benchmark Additional Value of ` 10,000 invested
HDFC Nifty SDL Oct 2026 Index Fund NAV as at August 30, 2024 ` 11.2335 Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns (`) (`)# Benchmark
Date Period Scheme Benchmark Additional Value of ` 10,000 invested (%) ## (`)##
Returns Returns Benchmark Scheme Benchmark Additional Aug 31, 23 Last 1 Year 7.35 7.76 8.82 10,735 10,776 10,882
(%) (%)# Returns (`) (`)# Benchmark
(%) ## Jul 26, 22 Since Inception 6.98 7.28 8.45 11,521 11,589 11,857
(`)##
The scheme will be managed
Aug 31, 23 Last 1 Year 7.82 8.22 8.82 10,782 10,822 10,882 by Anupam Joshi from 31st August 2024.
Since Inception 7.98 8.32 9.37 11,234 11,288 11,453
# Nifty SDL Oct 2026 Index ## CRISIL 10 year Gilt Index. The scheme will be managed by Anupam
Joshi from 31st August 2024. HDFC FMP 1406D August 2022 (46) NAV as at August 30, 2024 ` 11.4485
Date Period Scheme Benchmark Additional Value of ` 10,000 invested
HDFC Nifty G-Sec Apr 2029 Index Fund NAV as at August 30, 2024 ` 11.3296 Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns (`) (`)# Benchmark
Date Period Scheme Benchmark Additional Value of ` 10,000 invested (%) ## (`)##
Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns (`) (`)# Benchmark Aug 31, 23 Last 1 Year 7.75 7.76 8.82 10,775 10,776 10,882
(%) ## (`)## Aug 25, 22 Since Inception 6.94 7.09 8.22 11,449 11,481 11,727
Aug 31, 23 Last 1 Year 8.50 8.90 8.82 10,850 10,890 10,882 The scheme will be managed
by Anupam Joshi from 31st August 2024.
Mar 10, 23 Since Inception 8.82 9.20 9.43 11,330 11,388 11,424
# Nifty G-Sec Apr 2029 Index ## CRISIL 10 year Gilt Index. The scheme will be managed by HDFC FMP 1359D September 2022 (46) NAV as at August 30, 2024 ` 11.4872
Anupam Joshi from 31st August 2024.
Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional
HDFC Nifty G-Sec Jun 2036 Index Fund NAV as at August 30, 2024 ` 11.5472 (%) (%)# Returns (`) (`)# Benchmark
(%) ## (`)##
Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional Aug 31, 23 Last 1 Year 7.65 7.76 8.82 10,765 10,776 10,882
(%) (%)# Returns (`) (`)# Benchmark Oct 11, 22 Since Inception 7.62 7.95 9.08 11,487 11,553 11,782
(%) ## (`)## The scheme will be managed
Aug 31, 23 Last 1 Year 9.67 9.90 8.82 10,967 10,990 10,882 by Anupam Joshi from 31st August 2024.
Mar 15, 23 Since Inception 10.33 10.18 9.11 11,547 11,524 11,361
# Nifty G-Sec Jun 2036 Index ## CRISIL 10 year Gilt Index. The scheme will be managed by
Anupam Joshi from 31st August 2024.

Performance of close-ended schemes, being close-ended in nature, is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended
schemes is primarily buy-and-hold whereas open-ended schemes are actively managed.
Past performance may or may not be sustained in future and is not a guarantee of any future returns. Returns greater than 1 year period are compounded annualized (CAGR).
expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. N.A.: Not Available

August 2024 105

 SCHEME PERFORMANCE - REGULAR PLAN - GROWTH OPTION (FUND MANAGER-WISE)

HDFC FMP 1204D December 2022 (47) NAV as at August 30, 2024 ` 11.2387 HDFC INDEX FUND - NIFTY 50 PLAN NAV as at August 30, 2024 ` 237.6018
Date Period Scheme Benchmark Additional Value of ` 10,000 invested Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns (`) (`)# Benchmark (%) (%)# Returns (`) (`)# Benchmark
(%) ## (`)## (%) ## (`)##
Aug 31, 23 Last 1 Year 7.48 7.76 8.82 10,748 10,776 10,882 Aug 31, 23 Last 1 Year 32.02 32.64 28.63 13,202 13,264 12,863
Dec 27, 22 Since Inception 7.21 7.51 8.70 11,239 11,292 11,501 Aug 31, 21 Last 3 Years 14.64 15.17 14.15 15,065 15,274 14,875
The scheme will be managed Aug 30, 19 Last 5 Years 18.71 19.37 18.54 23,601 24,262 23,425
by Anupam Joshi from 31st August 2024.
Aug 28, 14 Last 10 Years 13.04 13.59 13.35 34,124 35,825 35,063
HDFC FMP 1269D March 2023 (47) NAV as at August 30, 2024 ` 11.0791 Jul 17, 02 Since Inception 15.22 17.12 17.50 230,101 330,820 354,925
Date Period Scheme Benchmark Additional Value of ` 10,000 invested # (Total Returns Index) ## BSE SENSEX (Total Returns Index).
Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns (`) (`)# Benchmark ` 17.9373
(%) ## HDFC NIFTY50 EQUAL WEIGHT INDEX NAV as at August 30, 2024
(`)##
Aug 31, 23 Last 1 Year 7.79 7.76 8.82 10,779 10,776 10,882 FUND
Mar 21, 23 Since Inception 7.34 7.97 9.09 11,079 11,173 11,340 Date Period Scheme Benchmark Additional Value of ` 10,000 invested
The scheme will be managed Returns Returns Benchmark Scheme Benchmark Additional
by Anupam Joshi from 31st August 2024. (%) (%)# Returns (`) (`)# Benchmark
(%) ## (`)##
HDFC FMP 2638D February 2023 (47) NAV as at August 30, 2024 ` 11.4841 Aug 31, 23 Last 1 Year 43.09 44.42 32.64 14,309 14,442 13,264
Date Period Scheme Benchmark Additional Value of ` 10,000 invested Aug 31, 21 Last 3 Years 19.78 21.07 15.17 17,185 17,746 15,274
Returns Returns Benchmark Scheme Benchmark Additional Aug 20, 21 Since Inception 21.27 22.60 16.56 17,937 18,540 15,908
(%) (%)# Returns (`) (`)# Benchmark # ## (Total Returns Index). The scheme
(%) ## (`)## is co-
Aug 31, 23 Last 1 Year 9.05 9.50 8.82 10,905 10,950 10,882 .
Since Inception 9.55 9.50 9.22 11,484 11,476 11,433
The scheme will be managed by HDFC DEVELOPED WORLD INDEXES FUND NAV as at August 30, 2024 ` 13.794
Anupam Joshi from 31st August 2024. OF FUNDS
Date Period Scheme Benchmark Additional Value of ` 10,000 invested
HDFC NIFTY 1D RATE LIQUID ETF NAV as at August 30, 2024 ` 1000.0000 Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns (`) (`)# Benchmark
Date Period Scheme Benchmark Additional Value of ` 10,000 invested (%) ## (`)##
Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns Aug 31, 23 Last 1 Year 24.02 26.23 32.64 12,402 12,623 13,264
(`) (`)# Benchmark
(%) ## (`)## Oct 06, 21 Since Inception 11.72 13.06 14.53 13,794 14,277 14,822
Aug 31, 23 Last 1 Year 5.84 6.83 8.82 10,584 10,683 10,882 #MSCI World Index (Net Total Returns Index) ## (Total Returns Index). The scheme
Aug 24, 23 Since Inception 5.89 6.83 8.86 10,600 10,697 10,904 is co-
The scheme will be managed by Swapnil
Jangam from 31st August 2024.
HDFC NIFTY NEXT 50 INDEX FUND NAV as at August 30, 2024 ` 17.4496
Date Period Scheme Benchmark Additional Value of ` 10,000 invested
CO-MANAGED BY Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns
NIRMAN MORAKHIA & ARUN AGARWAL (%) ## (`) (`)# Benchmark
(`)##
Aug 31, 23 Last 1 Year 68.97 70.65 32.64 16,897 17,065 13,264
HDFC Gold Fund NAV as at August 30, 2024 ` 22.0490 Nov 03, 21 Since Inception 21.79 23.13 14.48 17,450 17,998 14,651
Date Period Scheme Benchmark Value of ` 10,000 invested # ## (Total Returns Index). The scheme is co-managed
Returns Returns Scheme Benchmark
(%) (%)# (`) (`)#
HDFC NIFTY 100 INDEX FUND NAV as at August 30, 2024 ` 15.2577
Aug 31, 23 Last 1 Year 20.30 21.13 12,030 12,113
Aug 31, 21 Last 3 Years 13.89 15.03 14,771 15,221 Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional
Aug 30, 19 Last 5 Years 12.17 12.53 17,769 18,053 (%) (%)# Returns
(%) ## (`) (`)# Benchmark
Aug 28, 14 Last 10 Years 8.59 9.96 22,815 25,888 (`)##
Nov 01, 11 Since Inception 6.35 7.87 22,049 26,442 Aug 31, 23 Last 1 Year 37.05 38.29 32.64 13,705 13,829 13,264
# Domestic Price of Physical Gold Since Inception 18.27 19.52 18.29 15,258 15,668 15,265
15, 2023 and .
# ## (Total Returns Index). The scheme is co-managed

HDFC Index Fund - BSE SENSEX Plan NAV as at August 30, 2024 ` 757.7116
Date Period Scheme Benchmark Additional Value of ` 10,000 invested HDFC NIFTY 100 EQUAL WEIGHT INDEX NAV as at August 30, 2024 ` 17.1919
Returns Returns Benchmark Scheme Benchmark Additional FUND
(%) (%)# Returns (`) (`)# Benchmark
(%) ## (`)## Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional
Aug 31, 23 Last 1 Year 28.07 28.63 32.64 12,807 12,863 13,264 (%) (%)# Returns (`) (`)# Benchmark
Aug 31, 21 Last 3 Years 13.65 14.15 15.17 14,678 14,875 15,274 (%) ## (`)##
Aug 30, 19 Last 5 Years 17.91 18.54 19.37 22,811 23,425 24,262 Aug 31, 23 Last 1 Year 52.55 54.25 32.64 15,255 15,425 13,264
Aug 28, 14 Last 10 Years 12.84 13.35 13.59 33,517 35,063 35,825 Since Inception 24.01 25.51 18.29 17,192 17,721 15,265
Jul 17, 02 Since Inception 15.34 17.50 17.12 235,600 354,925 330,820 # ## (Total Returns Index). The scheme
is co-

Performance of close-ended schemes, being close-ended in nature, is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended
schemes is primarily buy-and-hold whereas open-ended schemes are actively managed.
Past performance may or may not be sustained in future and is not a guarantee of any future returns. Returns greater than 1 year period are compounded annualized (CAGR).
expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. N.A.: Not Available

106 August 2024

 SCHEME PERFORMANCE - REGULAR PLAN - GROWTH OPTION (FUND MANAGER-WISE)

HDFC Silver ETF Fund of Fund NAV as at August 30, 2024 ` 14.4417
ARUN AGARWAL & ABHISHEK MOR
Date Period Scheme Benchmark Value of ` 10,000 invested
Returns Returns Scheme Benchmark
(%) (%)# (`) (`)# HDFC NIFTY 50 ETF NAV as at August 30, 2024 ` 278.4364
Aug 31, 23 Last 1 Year 13.28 15.06 11,328 11,506 Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Oct 28, 22 Since Inception 22.09 23.84 14,442 14,824 Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns (`) (`)# Benchmark
The scheme is (%) ## (`)##
.
Aug 31, 23 Last 1 Year 32.50 32.64 28.63 13,250 13,264 12,863
HDFC Nifty Midcap 150 Index Fund NAV as at August 30, 2024 ` 18.5144 Aug 31, 21 Last 3 Years 15.09 15.17 14.15 15,245 15,274 14,875
Aug 30, 19 Last 5 Years 19.22 19.37 18.54 24,105 24,262 23,425
Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional Dec 09, 15 Since Inception 16.01 16.16 16.07 36,576 36,976 36,726
(%) (%)# Returns (`) (`)# Benchmark # Nifty 50 TRI ## BSE Sensex TRI. The scheme is managed by Abhishek Mor
(%) ## (`)## 2023 and Mr. Arun Agarwal from August 24, 2020.
Aug 31, 23 Last 1 Year 48.22 50.08 32.64 14,822 15,008 13,264
HDFC BSE SENSEX ETF NAV as at August 30, 2024 ` 91.5537
Apr 21, 23 Since Inception 57.20 59.63 32.05 18,514 18,905 14,602
# Nifty Midcap 150 Index TRI ## Nifty 50 TRI. The scheme is managed by Mr. Nirman Morakhia Date Period Scheme Benchmark Additional Value of ` 10,000 invested
. Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns (`) (`)# Benchmark
(%) ## (`)##
HDFC Nifty Smallcap 250 Index Fund NAV as at August 30, 2024 ` 19.6335
Aug 31, 23 Last 1 Year 28.50 28.63 32.64 12,850 12,863 13,264
Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional Aug 31, 21 Last 3 Years 14.10 14.15 15.17 14,853 14,875 15,274
(%) (%)# Returns (`) (`)# Benchmark Aug 30, 19 Last 5 Years 18.43 18.54 19.37 23,320 23,425 24,262
(%) ## (`)## Dec 09, 15 Since Inception 16.01 16.07 16.16 36,569 36,726 36,976
Aug 31, 23 Last 1 Year 51.15 53.26 32.64 15,115 15,326 13,264 # BSE Sensex TRI ## Nifty 50 TRI. The scheme is managed by Abhishek Mor
Apr 21, 23 Since Inception 64.13 66.97 32.05 19,634 20,097 14,602 2023 and Mr. Arun Agarwal from August 24, 2020.
# Nifty Smallcap 250 TRI ## Nifty 50 TRI. The scheme is managed by
Mr. Arun Agarwal since inception. HDFC NIFTY Bank ETF NAV as at August 30, 2024 ` 52.3809
Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional
HDFC BSE 500 Index Fund NAV as at August 30, 2024 ` 15.8430 (%) (%)# Returns
(%) ## (`) (`)# Benchmark
Date Period Scheme Benchmark Additional Value of ` 10,000 invested (`)##
Returns Returns Benchmark Scheme Benchmark Additional Aug 31, 23 Last 1 Year 17.52 17.78 32.64 11,752 11,778 13,264
(%) (%)# Returns (`) (`)# Benchmark
(%) ## Aug 31, 21 Last 3 Years 12.83 13.08 15.17 14,363 14,460 15,274
(`)##
Aug 21, 20 Since Inception 23.61 23.90 23.36 23,479 23,704 23,292
Aug 31, 23 Last 1 Year 39.03 41.14 32.64 13,903 14,114 13,264
# Nifty Bank TRI ## Nifty 50 TRI. The scheme is managed by Abhishek Mor
Apr 21, 23 Since Inception 40.20 42.40 32.05 15,843 16,182 14,602 2023 and Mr. Arun Agarwal from August 24, 2020.
# BSE 500 Total Returns Index (TRI) ## Nifty 50 TRI. The scheme is managed by Mr. Nirman
.
HDFC NIFTY 100 ETF NAV as at August 30, 2024 ` 26.7662
Date Period Scheme Benchmark Additional Value of ` 10,000 invested
ANIL BAMBOLI Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns (`) (`)# Benchmark
(%) ## (`)##
HDFC Charity Fund for Cancer Cure - 50% NAV as at August 30, 2024 ` 10.2848
IDCW Donation^ Aug 31, 23 Last 1 Year 37.81 38.29 32.64 13,781 13,829 13,264
Aug 05, 22 Since Inception 22.01 22.45 21.06 15,099 15,212 14,856
Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional # Nifty 100 TRI ## Nifty 50 TRI. The scheme is managed by Abhishek Mor
(%) (%)# Returns and Mr. Arun Agarwal from August 05, 2022.
(%) ## (`) (`)# Benchmark
(`)##
Aug 31, 23 Last 1 Year 6.37 7.76 8.82 10,637 10,776 10,882 HDFC NIFTY Next 50 ETF NAV as at August 30, 2024 ` 76.0004
Aug 14, 23 Since Inception 6.58 7.75 8.93 10,690 10,813 10,937
Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns (`) (`)# Benchmark
computed based on NAV of IDCW Option and all IDCWs (after statutory levy) are assumed to be (%) ##
reinvested in the units of the scheme at the then prevailing NAV (ex-distribution NAV). (`)##
Aug 31, 23 Last 1 Year 70.26 70.65 32.64 17,026 17,065 13,264
HDFC Charity Fund for Cancer Cure - 75% NAV as at August 30, 2024 ` 10.2848 Aug 05, 22 Since Inception 33.43 33.89 21.06 18,174 18,304 14,856
IDCW Donation^ # Nifty Next 50 TRI ## Nifty 50 TRI. The scheme is managed by Abhishek Mor
2023 and Mr. Arun Agarwal from August 05, 2022.
Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns (`) (`)# Benchmark ` 147.8430
(%) ## HDFC NIFTY50 VALUE 20 ETF NAV as at August 30, 2024
(`)##
Aug 31, 23 Last 1 Year 6.36 7.76 8.82 10,636 10,776 10,882 Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional
Aug 14, 23 Since Inception 6.58 7.75 8.93 10,690 10,813 10,937 (%) (%)# Returns (`) (`)# Benchmark
(%) ## (`)##
computed based on NAV of IDCW Option and all IDCWs (after statutory levy) are assumed to be Aug 31, 23 Last 1 Year 45.91 46.38 32.64 14,591 14,638 13,264
reinvested in the units of the scheme at the then prevailing NAV (ex-distribution NAV). Sep 23, 22 Since Inception 32.22 32.66 22.82 17,177 17,288 14,890
# Nifty50 Value 20 TRI ## Nifty 50 TRI. The scheme is managed by Abhishek Mor
15, 2023 and Mr. Arun Agarwal from September 23, 2022.

Past performance may or may not be sustained in future and is not a guarantee of any future returns. Returns greater than 1 year period are compounded annualized (CAGR).
expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. N.A.: Not Available

August 2024 107

 SCHEME PERFORMANCE - REGULAR PLAN - GROWTH OPTION (FUND MANAGER-WISE)

HDFC NIFTY100 Quality 30 ETF NAV as at August 30, 2024 ` 62.0761

ARUN AGARWAL, ABHISHEK MOR &
Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional NIRMAN MORAKHIA
(%) (%)# Returns (`) (`)# Benchmark
(%) ## (`)## HDFC NIFTY Midcap 150 ETF NAV as at August 30, 2024 ` 22.0494
Aug 31, 23 Last 1 Year 42.60 42.91 32.64 14,260 14,291 13,264
Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Sep 23, 22 Since Inception 27.82 28.17 22.82 16,086 16,172 14,890 Returns Returns Benchmark Scheme Benchmark Additional
# Nifty100 Quality 30 TRI ## Nifty 50 TRI. The scheme is managed by Abhishek Mor (%) (%)# Returns (`) (`)# Benchmark
15, 2023 and Mr. Arun Agarwal from September 23, 2022. (%) ## (`)##
Aug 31, 23 Last 1 Year 49.69 50.08 32.64 14,969 15,008 13,264
HDFC NIFTY Growth Sectors 15 ETF NAV as at August 30, 2024 ` 129.9774 Since Inception 51.84 52.28 26.08 19,023 19,109 14,287
# Nifty Midcap 150 Index TRI ## Nifty 50 TRI. The scheme is managed by Abhishek Mor from
Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional 15, 2023.
(%) (%)# Returns (`) (`)# Benchmark
(%) ## (`)## HDFC NIFTY Smallcap 250 ETF NAV as at August 30, 2024 ` 182.6387
Aug 31, 23 Last 1 Year 33.46 34.03 32.64 13,346 13,403 13,264
Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Sep 23, 22 Since Inception 21.57 22.13 22.82 14,598 14,730 14,890 Returns Returns Benchmark Scheme Benchmark Additional
# Nifty Growth Sectors 15 TRI ## Nifty 50 TRI. The scheme is managed by Abhishek Mor from (%) (%)# Returns (`) (`)# Benchmark
(%) ## (`)##
Aug 31, 23 Last 1 Year 52.70 53.26 32.64 15,270 15,326 13,264
HDFC NIFTY100 Low Volatility 30 ETF NAV as at August 30, 2024 ` 20.9192 Since Inception 56.87 57.52 26.08 20,002 20,131 14,287
# Nifty Smallcap 250 TRI ## Nifty 50 TRI. The scheme is managed by Abhishek Mor
Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns (`) (`)# Benchmark
(%) ## (`)## HDFC BSE 500 ETF NAV as at August 30, 2024 ` 37.9650
Aug 31, 23 Last 1 Year 40.92 41.47 32.64 14,092 14,147 13,264 Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Oct 11, 22 Since Inception 30.71 31.36 24.80 16,579 16,734 15,191 Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns (`) (`)# Benchmark
# Nifty100 Low Volatility 30 TRI ## Nifty 50 TRI. The scheme is managed by Abhishek Mor from (%) ## (`)##
Aug 31, 23 Last 1 Year 40.66 41.14 32.64 14,066 14,114 13,264
Since Inception 35.25 35.66 26.08 15,918 15,993 14,287
HDFC NIFTY IT ETF NAV as at August 30, 2024 ` 43.9535
# BSE 500 TRI ## Nifty 50 TRI. The scheme is managed by Abhishek Mor
Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns (`) (`)# Benchmark
(%) ##
Aug 31, 23 Last 1 Year 39.72 40.12 32.64 13,972 14,012
(`)##
13,264
BHAGYESH KAGALKAR
Nov 16, 22 Since Inception 23.82 24.23 20.67 14,655 14,743 13,994
# Nifty IT TRI ## Nifty 50 TRI. The scheme is managed by Abhishek Mor HDFC Gold Exchange Traded Fund NAV as at August 30, 2024 ` 62.3636
and Mr. Arun Agarwal from November 16, 2022. Date Period Scheme Benchmark Value of ` 10,000 invested
Returns Returns Scheme Benchmark
(%) (%)# (`) (`)#
HDFC NIFTY Private Bank ETF NAV as at August 30, 2024 ` 26.0108
Aug 31, 23 Last 1 Year 20.02 21.13 12,002 12,113
Date Period Scheme Benchmark Additional Value of ` 10,000 invested Aug 31, 21 Last 3 Years 14.05 15.03 14,836 15,221
Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns Aug 30, 19 Last 5 Years 11.57 12.53 17,300 18,053
(%) ## (`) (`)# Benchmark
(`)## Aug 28, 14 Last 10 Years 8.90 9.96 23,489 25,888
Aug 31, 23 Last 1 Year 12.73 12.96 32.64 11,273 11,296 13,264 Aug 13, 10 Since Inception 9.24 10.13 34,640 38,804
Nov 16, 22 Since Inception 10.73 10.99 20.67 12,000 12,051 13,994 # Domestic Price of Physical Gold. The scheme is managed by Bhagyesh Kagalkar since inception.
# Nifty Private Bank TRI ## Nifty 50 TRI. The scheme is managed by Abhishek Mor
15, 2023 and Mr. Arun Agarwal from November 16, 2022.
HDFC Silver ETF NAV as at August 30, 2024 ` 83.1108
HDFC NIFTY200 Momentum 30 ETF NAV as at August 30, 2024 ` 37.3288 Date Period Scheme Benchmark Value of ` 10,000 invested
Date Period Scheme Benchmark Additional Value of ` 10,000 invested Returns Returns Scheme Benchmark
Returns Returns Benchmark Scheme Benchmark Additional (%) (%)# (`) (`)#
(%) (%)# Returns (`) (`)# Benchmark Aug 31, 23 Last 1 Year 14.17 15.06 11,417 11,506
(%) ## (`)## Sep 02, 22 Since Inception 25.88 28.03 15,825 16,369
Aug 31, 23 Last 1 Year 67.91 68.91 32.64 16,791 16,891 13,264 The scheme is
Oct 11, 22 Since Inception 42.77 43.69 24.80 19,584 19,823 15,191 managed by Bhagyesh Kagalkar since inception.
# Nifty200 Momentum 30 TRI ## Nifty 50 TRI. The scheme is managed by Abhishek Mor from

Past performance may or may not be sustained in future and is not a guarantee of any future returns. Returns greater than 1 year period are compounded annualized (CAGR).
expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. N.A.: Not Available

108 August 2024

 SCHEME PERFORMANCE - DIRECT PLAN - GROWTH OPTION (FUND MANAGER-WISE)

RAHUL BAIJAL CHIRAG SETALVAD

HDFC TOP 100 FUND NAV as at August 30, 2024 ` 1264.332 HDFC MID-CAP OPPORTUNITIES FUND NAV as at August 30, 2024 ` 207.472
Date Period Scheme Benchmark Additional Value of ` 10,000 invested Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns (`) (`)# Benchmark (%) (%)# Returns (`) (`)# Benchmark
(%) ## (`)## (%) ## (`)##
Aug 31, 23 Last 1 Year 40.52 38.29 28.63 14,052 13,829 12,863 Aug 31, 23 Last 1 Year 47.74 50.08 32.64 14,774 15,008 13,264
Aug 31, 21 Last 3 Years 21.84 16.10 14.15 18,085 15,650 14,875 Aug 31, 21 Last 3 Years 30.16 27.88 15.17 22,049 20,915 15,274
Aug 30, 19 Last 5 Years 21.13 19.98 18.54 26,105 24,889 23,425 Aug 30, 19 Last 5 Years 31.63 31.88 19.37 39,577 39,947 24,262
Aug 28, 14 Last 10 Years 14.51 14.14 13.35 38,820 37,610 35,063 Aug 28, 14 Last 10 Years 20.91 20.76 13.59 66,942 66,132 35,825
Jan 01, 13 Since Inception 15.77 15.08 14.61 55,225 51,508 49,112 Jan 01, 13 Since Inception 22.85 20.90 14.58 110,363 91,537 48,964
The scheme is managed The scheme is
by Mr. Rahul Baijal since July 29, 2022. managed by Mr. Chirag Setalvad since inception.

` 15.350 HDFC SMALL CAP FUND NAV as at August 30, 2024 ` 160.225
HDFC Business Cycle Fund NAV as at August 30, 2024
Date Period Scheme Benchmark Additional Value of ` 10,000 invested Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns (%) (%)# Returns (`) (`)# Benchmark
(%) ## (`) (`)# Benchmark (%) ## (`)##
(`)##
Aug 31, 23 Last 1 Year 36.77 41.58 32.64 13,677 14,158 13,264 Aug 31, 23 Last 1 Year 37.64 49.76 32.64 13,764 14,976 13,264
Nov 30, 22 Since Inception 27.73 26.72 19.87 15,350 15,138 13,734 Aug 31, 21 Last 3 Years 28.10 27.76 15.17 21,021 20,852 15,274
# Nifty 500 TRI ## Nifty 50 TRI. The scheme is managed by Mr. Rahul Baijal since inception. Aug 30, 19 Last 5 Years 31.74 32.67 19.37 39,743 41,168 24,262
Aug 28, 14 Last 10 Years 21.66 17.04 13.59 71,246 48,326 35,825
Jan 01, 13 Since Inception 21.89 16.82 14.58 100,713 61,332 48,964
HDFC MNC Fund NAV as at August 30, 2024 ` 15.078
The scheme is managed by
Date Period Scheme Benchmark Additional Value of ` 10,000 invested Mr. Chirag Setalvad since inception.
Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns (`) (`)# Benchmark
(%) ## (`)## CO-MANAGED BY CHIRAG SETALVAD & ANIL BAMBOLI
Aug 31, 23 Last 1 Year 29.87 42.61 32.64 12,987 14,261 13,264
Mar 09, 23 Since Inception 31.99 39.60 29.35 15,078 16,382 14,633 HDFC CHILDREN’S GIFT FUND NAV as at August 30, 2024 ` 322.443
# Nifty MNC TRI ## Nifty 50 TRI. The scheme is managed by Mr. Rahul Baijal since inception. Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns (`) (`)# Benchmark
CO-MANAGED BY GOPAL AGRAWAL, (%) ## (`)##
Aug 31, 23 Last 1 Year 29.48 23.72 32.64 12,948 12,372 13,264
SRINIVASAN RAMAMURTHY, ARUN AGARWAL, Aug 31, 21 Last 3 Years 18.41 11.98 15.17 16,604 14,042 15,274
NIRMAN MORAKHIA & ANIL BAMBOLI Aug 30, 19
Aug 28, 14
Last 5 Years
Last 10 Years
21.13
15.68
15.42
11.98
19.37
13.59
26,110
42,992
20,496
31,063
24,262
35,825
Jan 01, 13 Since Inception 17.15 12.53 14.58 63,408 39,638 48,964
HDFC BALANCED ADVANTAGE FUND NAV as at August 30, 2024 ` 551.388
Date Period Scheme Benchmark Additional Value of ` 10,000 invested may not strictly be comparable with that of its Additional Benchmark in view of balanced nature of the
Returns Returns Benchmark Scheme Benchmark Additional scheme where a portion of scheme’s investments are made in debt instruments.
(%) (%)# Returns (`) (`)# Benchmark
(%) ## (`)## SHOBHIT MEHROTRA
Aug 31, 23 Last 1 Year 39.24 20.03 32.64 13,924 12,003 13,264
HDFC INCOME FUND NAV as at August 30, 2024 ` 60.1460
Aug 31, 21 Last 3 Years 25.34 10.59 15.17 19,691 13,525 15,274
Aug 30, 19 Last 5 Years 22.94 13.57 19.37 28,117 18,906 24,262 Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional
Aug 28, 14 Last 10 Years 15.63 11.17 13.59 42,808 28,883 35,825 (%) (%)# Returns
(%) ## (`) (`)# Benchmark
Jan 01, 13 Since Inception 16.91 11.54 14.58 61,895 35,753 48,964 (`)##
Aug 31, 23 Last 1 Year 8.84 8.28 8.82 10,884 10,828 10,882
performance may not strictly be comparable with that of its Additional Benchmark in view of Aug 31, 21 Last 3 Years 5.95 5.52 5.05 11,893 11,747 11,592
balanced nature of the scheme where a portion of scheme’s investments are made in debt
instruments. Refer to note on performance disclosure on Page no. 45-48. Aug 30, 19 Last 5 Years 6.33 6.80 5.28 13,595 13,902 12,939
Aug 28, 14 Last 10 Years 7.49 8.17 7.11 20,613 21,945 19,899
Jan 01, 13 Since Inception 7.29 7.92 6.52 22,721 24,332 20,897
CO-MANAGED BY # CRISIL Medium To Long Duration Debt A-III Index ## CRISIL 10 year Gilt Index.
CHIRAG SETALVAD & ANUPAM JOSHI HDFC MEDIUM TERM DEBT FUND NAV as at August 30, 2024 ` 56.8360

` 125.276 Date Period Scheme Benchmark Additional Value of ` 10,000 invested

HDFC HYBRID EQUITY FUND NAV as at August 30, 2024 Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns (`) (`)# Benchmark
Date Period Scheme Benchmark Additional Value of ` 10,000 invested (%) ##
Returns Returns Benchmark Scheme Benchmark Additional (`)##
(%) (%)# Returns (`) (`)# Benchmark Aug 31, 23 Last 1 Year 8.38 8.06 8.82 10,838 10,806 10,882
(%) ## (`)## Aug 31, 21 Last 3 Years 6.26 5.17 5.05 11,999 11,634 11,592
Aug 31, 23 Last 1 Year 24.90 23.72 32.64 12,490 12,372 13,264 Aug 30, 19 Last 5 Years 7.35 6.87 5.28 14,263 13,949 12,939
Aug 31, 21 Last 3 Years 15.57 11.98 15.17 15,436 14,042 15,274 Aug 28, 14 Last 10 Years 8.10 7.82 7.11 21,815 21,248 19,899
Aug 30, 19 Last 5 Years 18.22 15.42 19.37 23,115 20,496 24,262 Jan 01, 13 Since Inception 8.19 7.77 6.52 25,061 23,936 20,897
Aug 28, 14 Last 10 Years 14.40 11.98 13.59 38,474 31,063 35,825 # Nifty Medium Duration Debt Index A-III ## CRISIL 10 year Gilt Index.
Jan 01, 13 Since Inception 16.05 12.53 14.58 56,809 39,638 48,964
Scheme
performance may not strictly be comparable with that of its Additional Benchmark in view of
balanced nature of the scheme where a portion of scheme’s investments are made in debt
instruments. Refer to note on performance disclosure on Page no. 49-50.

Past performance may or may not be sustained in future and is not a guarantee of any future returns. Returns greater than 1 year period are compounded annualized (CAGR).
expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. N.A.: Not Available.

August 2024 109

 SCHEME PERFORMANCE - DIRECT PLAN - GROWTH OPTION (FUND MANAGER-WISE)
HDFC CREDIT RISK DEBT FUND NAV as at August 30, 2024 ` 24.2201 HDFC GILT FUND NAV as at August 30, 2024 ` 54.5109
Date Period Scheme Benchmark Additional Value of ` 10,000 invested Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns (`) (`)# Benchmark (%) (%)# Returns
(%) ## (%) ## (`) (`)# Benchmark
(`)## (`)##
Aug 31, 23 Last 1 Year 8.53 8.02 8.82 10,853 10,802 10,882 Aug 31, 23 Last 1 Year 9.08 9.75 8.82 10,908 10,975 10,882
Aug 31, 21 Last 3 Years 6.57 7.29 5.05 12,105 12,349 11,592 Aug 31, 21 Last 3 Years 5.81 6.31 5.05 11,845 12,016 11,592
Aug 30, 19 Last 5 Years 7.99 8.05 5.28 14,692 14,731 12,939
Aug 30, 19 Last 5 Years 6.31 6.65 5.28 13,583 13,801 12,939
Aug 28, 14 Last 10 Years 8.72 8.47 7.11 23,104 22,564 19,899
Aug 28, 14 Last 10 Years 8.05 8.00 7.11 21,710 21,618 19,899
Mar 25, 14 Since Inception 8.84 8.57 7.19 24,220 23,587 20,653
# Nifty Credit Risk Bond Index B-II ## CRISIL 10 year Gilt Index. Refer to note on performance Jan 01, 13 Since Inception 7.68 7.46 6.52 23,722 23,160 20,897
disclosure on Page no. 95-96. # Nifty All Duration G-Sec Index ## CRISIL 10 year Gilt Index.

HDFC Long Duration Debt Fund NAV as at August 30, 2024 ` 11.6925 HDFC BANKING AND PSU DEBT FUND NAV as at August 30, 2024 ` 22.3201
Date Period Scheme Benchmark Additional Value of ` 10,000 invested Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns (`) (`)# Benchmark (%) (%)# Returns
(%) ## (`)## (%) ## (`) (`)# Benchmark
(`)##
Aug 31, 23 Last 1 Year 11.15 9.94 8.82 11,115 10,994 10,882
Aug 31, 23 Last 1 Year 7.91 7.46 8.82 10,791 10,746 10,882
Jan 20, 23 Since Inception 10.19 9.46 8.94 11,693 11,567 11,480
# Nifty Long Duration Debt Index - A-III ## CRISIL 10 year Gilt Index. The scheme is managed by Aug 31, 21 Last 3 Years 5.97 5.17 5.05 11,902 11,631 11,592
Mr. Shobhit Mehrotra since inception. Aug 30, 19 Last 5 Years 6.97 6.24 5.28 14,014 13,539 12,939
Aug 28, 14 Last 10 Years 7.94 7.27 7.11 21,485 20,184 19,899
ANUPAM JOSHI Mar 26, 14 Since Inception 8.00 7.38 7.19 22,320 21,032 20,642
# ## CRISIL 10 year Gilt Index.
HDFC CORPORATE BOND FUND NAV as at August 30, 2024 ` 30.9637
Date Period Scheme Benchmark Additional Value of ` 10,000 invested HDFC OVERNIGHT FUND NAV as at August 31, 2024 ` 3650.0683
Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns (`) (`)# Benchmark Date Period Scheme Benchmark Additional Value of ` 10,000 invested
(%) ## (`)## Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns (`) (`)# Benchmark
Aug 31, 23 Last 1 Year 8.22 7.38 8.82 10,822 10,738 10,882 (%) ## (`)##
Aug 31, 21 Last 3 Years 6.10 5.37 5.05 11,943 11,701 11,592
Aug 30, 19 Last 5 Years 7.09 6.42 5.28 14,092 13,654 12,939 Aug 24, 24 Last 7 days 6.36 6.48 6.29 10,012 10,012 10,012
Aug 28, 14 Last 10 Years 8.03 7.38 7.11 21,669 20,396 19,899 Aug 16, 24 Last 15 days 6.33 6.42 6.51 10,026 10,026 10,027
Jan 01, 13 Since Inception 8.12 7.56 6.52 24,870 23,411 20,897 Jul 31, 24 Last 1 Month 6.32 6.38 7.23 10,054 10,054 10,061
# Nifty Corporate Bond Index A-II ## CRISIL 10 year Gilt Index. Refer to note on performance Aug 31, 23 Last 1 Year 6.74 6.83 7.50 10,676 10,685 10,752
disclosure on Page no. 91-92. Aug 31, 21 Last 3 Years 5.61 5.72 5.67 11,781 11,816 11,803
Aug 30, 19 Last 5 Years 4.78 4.87 5.54 12,634 12,692 13,101
CO-MANAGED BY ANUPAM JOSHI & PRAVEEN JAIN Aug 31, 14 Last 10 Years 5.65 5.73 6.43 17,331 17,464 18,658
Dec 31, 12 Since Inception 6.02 6.11 6.48 19,789 19,980 20,815
HDFC LOW DURATION FUND NAV as at August 30, 2024 ` 58.5732 Returns less than 1 year period are simple annualized. # CRISIL Liquid Overnight Index ## CRISIL
1 year T-Bill Index.
Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns (`) (`)# Benchmark HDFC Charity Fund for Cancer Cure - 50% NAV as at August 30, 2024 ` 10.2847
(%) ## (`)## IDCW Donation^
Aug 31, 23 Last 1 Year 7.80 7.41 7.50 10,780 10,741 10,750
Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Aug 31, 21 Last 3 Years 6.34 5.83 5.67 12,026 11,854 11,801 Returns Returns Benchmark Scheme Benchmark Additional
Aug 30, 19 Last 5 Years 6.68 5.72 5.54 13,821 13,211 13,099 (%) (%)# Returns (`) (`)# Benchmark
Aug 28, 14 Last 10 Years 7.48 6.86 6.42 20,588 19,427 18,654 (%) ## (`)##
Jan 01, 13 Since Inception 7.70 7.15 6.48 23,759 22,376 20,803 Aug 31, 23 Last 1 Year 6.37 7.76 8.82 10,637 10,776 10,882
# Nifty Low Duration Debt Index A-I ## CRISIL 1 year T-Bill Index. Aug 14, 23 Since Inception 6.58 7.75 8.93 10,690 10,813 10,937

ANIL BAMBOLI based on NAV of IDCW Option and all IDCWs (after statutory levy) are assumed to be reinvested in
the units of the scheme at the then prevailing NAV (ex-distribution NAV).
HDFC DYNAMIC DEBT FUND NAV as at August 30, 2024 ` 92.7332
Date Period Scheme Benchmark Additional Value of ` 10,000 invested HDFC Charity Fund for Cancer Cure - 75% NAV as at August 30, 2024 ` 10.2847
Returns Returns Benchmark Scheme Benchmark Additional IDCW Donation^
(%) (%)# Returns (`) (`)# Benchmark
(%) ## (`)## Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Aug 31, 23 Last 1 Year 9.26 8.17 8.82 10,926 10,817 10,882 Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns (`) (`)# Benchmark
Aug 31, 21 Last 3 Years 6.14 5.53 5.05 11,956 11,752 11,592 (%) ## (`)##
Aug 30, 19 Last 5 Years 7.64 6.68 5.28 14,456 13,819 12,939
Aug 31, 23 Last 1 Year 6.36 7.76 8.82 10,636 10,776 10,882
Aug 28, 14 Last 10 Years 7.77 7.82 7.11 21,154 21,254 19,899
Jan 01, 13 Since Inception 7.83 7.65 6.52 24,104 23,646 20,897 Aug 14, 23 Since Inception 6.58 7.75 8.93 10,690 10,813 10,937
#Nifty Composite Debt Index A-III ## CRISIL 10 year Gilt Index.
based on NAV of IDCW Option and all IDCWs (after statutory levy) are assumed to be reinvested in
HDFC SHORT TERM DEBT FUND NAV as at August 30, 2024 ` 30.7467 the units of the scheme at the then prevailing NAV (ex-distribution NAV).
Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns (`) (`)# Benchmark
(%) ## (`)##
Aug 31, 23 Last 1 Year 8.16 7.68 8.82 10,816 10,768 10,882
Aug 31, 21 Last 3 Years 6.19 5.64 5.05 11,974 11,788 11,592
Aug 30, 19 Last 5 Years 7.19 6.37 5.28 14,158 13,620 12,939
Aug 28, 14 Last 10 Years 7.88 7.40 7.11 21,378 20,445 19,899
Jan 01, 13 Since Inception 8.06 7.62 6.52 24,701 23,560 20,897
# CRISIL Short Duration Debt A-II Index ## CRISIL 10 year Gilt Index.

Past performance may or may not be sustained in future and is not a guarantee of any future returns. Returns greater than 1 year period are compounded annualized (CAGR).
expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. N.A.: Not Available

110 August 2024

 SCHEME PERFORMANCE - DIRECT PLAN - GROWTH OPTION (FUND MANAGER-WISE)

ANIL BAMBOLI & VIKASH AGARWAL HDFC DIVIDEND YIELD FUND NAV as at August 30, 2024 ` 27.750
Date Period Scheme Benchmark Additional Value of ` 10,000 invested
` 14.5308 Returns Returns Benchmark Scheme Benchmark Additional
HDFC ULTRA SHORT TERM FUND NAV as at August 30, 2024 (%) (%)# Returns
(%) ## (`) (`)# Benchmark
Date Period Scheme Benchmark Additional Value of ` 10,000 invested (`)##
Returns Returns Benchmark Scheme Benchmark Additional Aug 31, 23 Last 1 Year 48.40 41.58 32.64 14,840 14,158 13,264
(%) (%)# Returns (`) (`)# Benchmark
(%) ## (`)## Aug 31, 21 Last 3 Years 26.85 18.95 15.17 20,413 16,829 15,274
Aug 31, 23 Last 1 Year 7.57 7.59 7.50 10,757 10,759 10,750 Dec 18, 20 Since Inception 31.75 23.35 19.26 27,750 21,744 19,192
Aug 31, 21 Last 3 Years 6.14 6.25 5.67 11,959 11,993 11,801 # 500 (Total Returns Index) ## 50 (Total Returns Index). The scheme is managed
Aug 30, 19 Last 5 Years 6.01 5.88 5.54 13,395 13,311 13,099 by Mr. Gopal Agrawal since December 18, 2020.
Sep 25, 18 Since Inception 6.50 6.32 6.03 14,531 14,386 14,158
# ## CRISIL 1 year T-Bill Index. The scheme is managed HDFC MULTI CAP FUND NAV as at August 30, 2024 ` 20.399
from 31st August 2024. Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns (`) (`)# Benchmark
ANUPAM JOSHI & SWAPNIL JANGAM (%) ## (`)##
Aug 31, 23 Last 1 Year 46.74 44.95 32.64 14,674 14,495 13,264
HDFC LIQUID FUND NAV as at August 31, 2024 ` 4886.9239 Dec 10, 21 Since Inception 29.92 21.71 15.80 20,399 17,073 14,909
Date Period Scheme Benchmark Additional Value of ` 10,000 invested # (Total Returns Index) ## (Total Returns Index).
Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns (`) (`)# Benchmark
(%) ## (`)## ROSHI JAIN
Aug 24, 24 Last 7 days 6.69 6.80 6.29 10,013 10,013 10,012
Aug 16, 24 Last 15 days 6.79 6.88 6.51 10,028 10,028 10,027 HDFC FLEXI CAP FUND NAV as at August 30, 2024 ` 2059.756
Jul 31, 24 Last 1 Month 6.84 6.86 7.23 10,058 10,058 10,061
Aug 31, 23 Last 1 Year 7.37 7.32 7.50 10,739 10,734 10,752 Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional
Aug 31, 21 Last 3 Years 6.01 6.06 5.67 11,914 11,931 11,803 (%) (%)# Returns (`) (`)# Benchmark
Aug 31, 19 Last 5 Years 5.24 5.31 5.54 12,914 12,955 13,099 (%) ## (`)##
Aug 31, 14 Last 10 Years 6.40 6.34 6.43 18,599 18,508 18,658 Aug 31, 23 Last 1 Year 45.57 41.58 32.64 14,557 14,158 13,264
Dec 31, 12 Since Inception 6.81 6.74 6.48 21,575 21,424 20,815 Aug 31, 21 Last 3 Years 27.79 18.95 15.17 20,866 16,829 15,274
Returns less than 1 year period are simple annualized. # CRISIL Liquid Debt A-I Index ## CRISIL
1 year T-Bill Index. Aug 30, 19 Last 5 Years 25.70 22.70 19.37 31,425 27,845 24,262
Aug 28, 14 Last 10 Years 16.60 15.32 13.59 46,559 41,684 35,825
Jan 01, 13 Since Inception 18.06 16.01 14.58 69,381 56,562 48,964
SRINIVASAN RAMAMURTHY 500 The scheme is managed by
Ms. Roshi Jain from July 29, 2022.
HDFC INFRASTRUCTURE FUND NAV as at August 30, 2024 ` 54.284
Date Period Scheme Benchmark Additional Value of ` 10,000 invested HDFC FOCUSED 30 FUND NAV as at August 30, 2024 ` 244.773
Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns Date Period Scheme Benchmark Additional Value of ` 10,000 invested
(`) (`)# Benchmark Returns Returns Benchmark Scheme Benchmark Additional
(%) ## (`)## (%) (%)# Returns (`) (`)# Benchmark
Aug 31, 23 Last 1 Year 59.90 108.64 32.64 15,990 20,864 13,264 (%) ## (`)##
Aug 31, 21 Last 3 Years 38.24 46.12 15.17 26,419 31,200 15,274
Aug 31, 23 Last 1 Year 45.44 41.58 28.63 14,544 14,158 12,863
Aug 30, 19 Last 5 Years 29.13 37.03 19.37 35,954 48,402 24,262
Aug 28, 14 Last 10 Years 13.57 18.26 13.59 35,772 53,609 35,825 Aug 31, 21 Last 3 Years 29.69 18.95 14.15 21,813 16,829 14,875
Jan 01, 13 Since Inception 14.53 18.96 14.58 48,676 75,852 48,964 Aug 30, 19 Last 5 Years 26.65 22.70 18.54 32,626 27,845 23,425
Aug 28, 14 Last 10 Years 15.69 15.32 13.35 43,051 41,684 35,063
Jan 01, 13 Since Inception 16.72 16.01 14.61 60,735 56,562 49,112
HDFC HOUSING OPPORTUNITIES FUND € NAV as at August 30, 2024 ` 25.806 # Total Returns Index) ## BSE SENSEX (Total Returns Index). The scheme is managed
by Ms. Roshi Jain from January 13, 2022.
Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns (`) (`)# Benchmark HDFC ELSS Tax saver NAV as at August 30, 2024 ` 1481.757
(%) ## (`)##
Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Aug 31, 23 Last 1 Year 51.00 38.14 32.64 15,100 13,814 13,264 Returns Returns Benchmark Scheme Benchmark Additional
Aug 31, 21 Last 3 Years 25.44 17.47 15.17 19,740 16,211 15,274 (%) (%)# Returns (`) (`)# Benchmark
Aug 30, 19 Last 5 Years 23.46 22.68 19.37 28,715 27,820 24,262 (%) ## (`)##
Dec 06, 17 Since Inception 15.11 16.29 16.08 25,806 27,645 27,310 Aug 31, 23 Last 1 Year 48.81 41.58 32.64 14,881 14,158 13,264
Aug 31, 21 Last 3 Years 25.99 18.95 15.17 19,998 16,829 15,274
been converted into open-ended scheme on January 19, 2021. Aug 30, 19 Last 5 Years 24.44 22.70 19.37 29,875 27,845 24,262
Aug 28, 14 Last 10 Years 14.79 15.32 13.59 39,809 41,684 35,825
GOPAL AGRAWAL Jan 01, 13 Since Inception
#
16.62
500 (Total Returns Index) ##
16.01 14.58 60,133 56,562 48,964
. The scheme is managed
by Ms. Roshi Jain from January 13, 2022.
HDFC LARGE AND MID CAP FUND NAV as at August 30, 2024 ` 362.293
(ERSTWHILE HDFC GROWTH
OPPORTUNITIES FUND)
Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns (`) (`)# Benchmark
(%) ## (`)##
Aug 31, 23 Last 1 Year 46.15 44.18 28.63 14,615 14,418 12,863
Aug 31, 21 Last 3 Years 26.67 21.99 14.15 20,322 18,152 14,875
Aug 30, 19 Last 5 Years 27.63 25.93 18.54 33,913 31,709 23,425
Aug 28, 14 Last 10 Years 15.53 17.54 13.35 42,457 50,457 35,063
Jan 01, 13 Since Inception 15.57 18.10 14.61 54,133 69,682 49,112
(Total Returns Index) ## BSE SENSEX (Total Returns Index). The Scheme,

of the Scheme may not strictly be comparable with that of the new benchmark.

Past performance may or may not be sustained in future and is not a guarantee of any future returns. Returns greater than 1 year period are compounded annualized (CAGR).
expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. N.A.: Not Available

August 2024 111

 SCHEME PERFORMANCE - DIRECT PLAN - GROWTH OPTION (FUND MANAGER-WISE)

CO-MANAGED BY ARUN AGARWAL, HDFC RETIREMENT NAV as at August 30, 2024 ` 23.3341
SAVINGS FUND - HYBRID DEBT PLAN
NIRMAN MORAKHIA & ANIL BAMBOLI Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional
HDFC ARBITRAGE FUND - WHOLESALE NAV as at August 30, 2024 ` 18.986 (%) (%)# Returns (`) (`)# Benchmark
(%) ## (`)##
PLAN
Aug 31, 23 Last 1 Year 15.19 11.69 8.82 11,519 11,169 10,882
Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional Aug 31, 21 Last 3 Years 10.19 7.28 5.05 13,380 12,346 11,592
(%) (%)# Returns (`) (`)# Benchmark Aug 30, 19 Last 5 Years 10.75 8.97 5.28 16,673 15,371 12,939
(%) ## (`)## Since Inception 10.46 9.40 6.56 23,334 21,496 17,177
Aug 31, 23 Last 1 Year 8.24 7.66 7.50 10,824 10,766 10,750
Aug 31, 21 Last 3 Years 6.38 6.01 5.67 12,040 11,913 11,801
Aug 30, 19 Last 5 Years 5.68 5.03 5.54 13,187 12,782 13,099 HDFC HYBRID DEBT FUND NAV as at August 30, 2024 ` 83.8509
Aug 28, 14 Last 10 Years 6.26 5.59 6.42 18,374 17,238 18,654 Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Apr 07, 14 Since Inception 6.36 5.73 6.50 18,986 17,864 19,261 Returns Returns Benchmark Scheme Benchmark Additional
# Arbitrage Index ## CRISIL 1 year T-Bill Index. Scheme performance is not strictly (%) (%)# Returns (`) (`)# Benchmark
comparable with that of its Additional Benchmark since the scheme does not take directional (%) ## (`)##
call in equity markets but is limited to availing arbitrage opportunities, etc. Aug 31, 23 Last 1 Year 17.47 11.69 8.82 11,747 11,169 10,882
Aug 31, 21 Last 3 Years 11.47 7.28 5.05 13,852 12,346 11,592
Aug 30, 19 Last 5 Years 12.07 8.97 5.28 17,693 15,371 12,939
ANAND LADDHA Aug 28, 14 Last 10 Years 10.04 9.02 7.11 26,063 23,748 19,899
Jan 01, 13 Since Inception 10.38 9.00 6.52 31,672 27,321 20,897
HDFC BANKING & FINANICIAL SERVICES NAV as at August 30, 2024 ` 16.578
FUND performance disclosure on Page no. 58-59.
Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns
(%)
Returns Benchmark Scheme Benchmark Additional
(%)# Returns (`) (`)# Benchmark
CO-MANAGED BY SRINIVASAN RAMAMURTHY,
(%) ## (`)## ANIL BAMBOLI, BHAGYESH KAGALKAR, ARUN AGARWAL
Aug 31, 23 Last 1 Year 26.88 21.83 32.64 12,688 12,183 13,264 & NIRMAN MORAKHIA
Aug 31, 21 Last 3 Years 16.04 10.40 15.17 15,623 13,454 15,274
Jul 01, 21 Since Inception 17.30 13.32 17.64 16,578 14,861 16,727 HDFC MULTI-ASSET FUND NAV as at August 30, 2024 ` 75.0240
# ## (Total Returns Index). However, such
returns may not be representative. The scheme is managed by Mr. Anand Laddha from July 1, 2021. Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns (`) (`)# Benchmark
HDFC CAPITAL BUILDER VALUE FUND NAV as at August 30, 2024 ` 829.051 (%) ## (`)##
Date Period Scheme Benchmark Additional Value of ` 10,000 invested Aug 31, 23 Last 1 Year 26.88 25.26 32.64 12,688 12,526 13,264
Returns Returns Benchmark Scheme Benchmark Additional Aug 31, 21 Last 3 Years 14.80 13.08 15.17 15,131 14,460 15,274
(%) (%)# Returns (`) (`)# Benchmark
(%) ## Aug 30, 19 Last 5 Years 18.24 16.01 19.37 23,136 21,032 24,262
(`)##
Aug 28, 14 Last 10 Years 12.21 12.24 13.59 31,699 31,777 35,825
Aug 31, 23 Last 1 Year 50.08 41.58 32.64 15,008 14,158 13,264
Jan 01, 13 Since Inception 12.42 12.59 14.58 39,179 39,910 48,964
Aug 31, 21 Last 3 Years 22.58 18.95 15.17 18,417 16,829 15,274
Aug 30, 19 Last 5 Years 24.13 22.70 19.37 29,499 27,845 24,262 ## (Total Returns
Aug 28, 14 Last 10 Years 16.58 15.32 13.59 46,451 41,684 35,825 Index).
attributes and become a multi asset fund investing in equities, debt and gold related instruments.
Jan 01, 13 Since Inception 18.21 16.01 14.58 70,423 56,562 48,964 Accordingly, the Scheme’s benchmark and additional benchmarks have also changed. Hence, the
500 . The scheme is managed past performance of the Scheme since inception till May 22, 2018 may not strictly be comparable
with those of the new benchmark and the additional benchmark. Scheme performance may
not strictly be comparable with that of its Additional Benchmark in view of hybrid nature of the
scheme where a portion of scheme’s investments are made in debt instruments and gold related
instruments. The scheme will be co-managed by Mr. Srinivasan Ramamurthy (Equity Assets) from
CO-MANAGED BY January 13, 2022; Mr. Anil Bamboli (Debt Assets) from August 17, 2005; Mr. Bhagyesh Kagalkar
SRINIVASAN RAMAMURTHY & SHOBHIT MEHROTRA Agarwal (Arbitrage Assets) from August 24, 2020.

HDFC RETIREMENT NAV as at August 30, 2024 ` 57.781

SAVINGS FUND - EQUITY PLAN CO-MANAGED BY SRINIVASAN RAMAMURTHY, ANIL
Date Period Scheme Benchmark Additional Value of ` 10,000 invested BAMBOLI, ARUN AGARWAL & NIRMAN MORAKHIA
Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns (`) (`)# Benchmark ` 71.0540
(%) ## HDFC EQUITY SAVINGS FUND NAV as at August 30, 2024
(`)##
Aug 31, 23 Last 1 Year 39.05 41.58 32.64 13,905 14,158 13,264 Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional
Aug 31, 21 Last 3 Years 24.28 18.95 15.17 19,196 16,829 15,274 (%) (%)# Returns (`) (`)# Benchmark
Aug 30, 19 Last 5 Years 27.82 22.70 19.37 34,160 27,845 24,262 (%) ## (`)##
Since Inception 22.87 19.33 17.80 57,781 45,047 40,358 Aug 31, 23 Last 1 Year 19.52 16.28 8.82 11,952 11,628 10,882
Aug 31, 21 Last 3 Years 11.88 9.27 5.05 14,002 13,046 11,592
Aug 30, 19 Last 5 Years 13.02 10.96 5.28 18,455 16,831 12,939
HDFC RETIREMENT NAV as at August 30, 2024 ` 43.456 Aug 28, 14 Last 10 Years 10.88 9.32 7.11 28,119 24,412 19,899
SAVINGS FUND - HYBRID EQUITY PLAN Jan 01, 13 Since Inception 10.99 9.85 6.52 33,752 29,924 20,897
Date Period Scheme Benchmark Additional Value of ` 10,000 invested # ## CRISIL 10 year Gilt Index. Scheme performance may not strictly be
Returns Returns Benchmark Scheme Benchmark Additional comparable with that of its Additional Benchmark, since a portion of scheme’s investments are made
(%) (%)# Returns (`) (`)# Benchmark in equity instruments.
(%) ## (`)##
Aug 31, 23 Last 1 Year 29.07 23.72 32.64 12,907 12,372 13,264
Aug 31, 21 Last 3 Years 17.55 11.98 15.17 16,245 14,042 15,274
Aug 30, 19 Last 5 Years 20.65 15.42 19.37 25,589 20,496 24,262
Since Inception 18.82 14.61 17.80 43,456 31,946 40,358

Past performance may or may not be sustained in future and is not a guarantee of any future returns. Returns greater than 1 year period are compounded annualized
(CAGR).
the distribution expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. N.A.: Not Available

112 August 2024

 SCHEME PERFORMANCE - DIRECT PLAN - GROWTH OPTION (FUND MANAGER-WISE)

CO-MANAGED BY HDFC Nifty G-Sec June 2027 Index Fund NAV as at August 30, 2024 ` 11.3714

ANIL BAMBOLI & SRINIVASAN RAMAMURTHY Date Period Scheme Benchmark Additional
Returns
Value of ` 10,000 invested
Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns (`) (`)# Benchmark
` 43.391 (%) ## (`)##
HDFC Dynamic PE Ratio Fund of Funds NAV as at August 30, 2024
Aug 31, 23 Last 1 Year 8.13 8.15 8.82 10,813 10,815 10,882
Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional Dec 09, 22 Since Inception 7.73 7.82 8.62 11,371 11,388 11,534
(%) (%)# Returns (`) (`)# Benchmark # Nifty G-Sec Jun 2027 Index ## CRISIL 10 year Gilt Index. The scheme will be managed by
(%) ## (`)## Anupam Joshi from 31st August 2024.
Aug 31, 23 Last 1 Year 23.18 23.72 32.64 12,318 12,372 13,264
Aug 31, 21 Last 3 Years 16.36 11.98 15.17 15,753 14,042 15,274 HDFC Nifty G-Sec Sep 2032 Index Fund NAV as at August 30, 2024 ` 11.5600
Aug 30, 19 Last 5 Years 17.71 15.42 19.37 22,614 20,496 24,262 Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Aug 28, 14 Last 10 Years 13.19 11.98 13.59 34,577 31,063 35,825 Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns (`) (`)# Benchmark
Jan 01, 13 Since Inception 12.59 12.53 14.58 39,879 39,638 48,964 (%) ## (`)##
# ## (Total Returns Index). Scheme
performance may not strictly be comparable with that of its Additional Benchmark in view of hybrid Aug 31, 23 Last 1 Year 8.94 9.20 8.82 10,894 10,920 10,882
nature of the scheme where a portion of scheme’s investments are made in equity instruments. Dec 09, 22 Since Inception 8.76 9.00 8.62 11,560 11,604 11,534
The scheme is co-managed by Mr. Srinivasan Ramamurthy (Equity Assets) January 13, 2022 and
Mr. Anil Bamboli (Debt Assets) from June 28, 2014. # Nifty G-Sec Sep 2032 Index ## CRISIL 10 year Gilt Index. The scheme will be managed by Anupam
Joshi from 31st August 2024.

CO-MANAGED BY HDFC Nifty SDL Oct 2026 Index Fund NAV as at August 30, 2024 ` 11.2610
SHOBHIT MEHROTRA & VIKASH AGARWAL Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns (`) (`)# Benchmark
HDFC FLOATING RATE DEBT FUND NAV as at August 30, 2024 ` 47.5611 (%) ## (`)##
Date Period Scheme Benchmark Additional Value of ` 10,000 invested Aug 31, 23 Last 1 Year 7.97 8.22 8.82 10,797 10,822 10,882
Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns Since Inception 8.15 8.32 9.37 11,261 11,288 11,453
(%) ## (`) (`)# Benchmark
(`)## # Nifty SDL Oct 2026 Index ## CRISIL 10 year Gilt Index. The scheme will be managed by Anupam
Joshi from 31st August 2024.
Aug 31, 23 Last 1 Year 8.29 7.68 8.82 10,829 10,768 10,882
Aug 31, 21 Last 3 Years 6.53 5.64 5.05 12,091 11,788 11,592
HDFC Nifty G-Sec Apr 2029 Index Fund NAV as at August 30, 2024 ` 11.3572
Aug 30, 19 Last 5 Years 7.00 6.37 5.28 14,029 13,620 12,939
Aug 28, 14 Last 10 Years 7.65 7.40 7.11 20,922 20,445 19,899 Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional
Jan 01, 13 Since Inception 7.88 7.62 6.52 24,229 23,560 20,897 (%) (%)# Returns
(%) ## (`) (`)# Benchmark
# CRISIL Short Duration Debt A-II Index ## CRISIL 10 year Gilt Index. The Scheme is co-managed (`)##
by Shobhit Mehrotra from July 01, 2020
Aug 31, 23 Last 1 Year 8.68 8.90 8.82 10,868 10,890 10,882
Mar 10, 23 Since Inception 9.00 9.20 9.43 11,357 11,388 11,424
VIKASH AGARWAL # Nifty G-Sec Apr 2029 Index ## CRISIL 10 year Gilt Index. The scheme will be managed by
Anupam Joshi from 31st August 2024.
HDFC MONEY MARKET FUND NAV as at August 30, 2024 ` 5464.4471
Date Period Scheme Benchmark Additional Value of ` 10,000 invested HDFC Nifty G-Sec Jun 2036 Index Fund NAV as at August 30, 2024 ` 11.5804
Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns Date Period Scheme Benchmark Additional Value of ` 10,000 invested
(%) ## (`) (`)# Benchmark Returns Returns Benchmark Scheme Benchmark Additional
(`)## (%) (%)# Returns
(%) ## (`) (`)# Benchmark
Aug 31, 23 Last 1 Year 7.64 7.48 7.50 10,764 10,748 10,750 (`)##
Aug 31, 21 Last 3 Years 6.28 6.21 5.67 12,006 11,982 11,801 Aug 31, 23 Last 1 Year 9.87 9.90 8.82 10,987 10,990 10,882
Aug 30, 19 Last 5 Years 6.10 5.67 5.54 13,448 13,178 13,099 Mar 15, 23 Since Inception 10.55 10.18 9.11 11,580 11,524 11,361
Aug 28, 14 Last 10 Years 6.99 6.70 6.42 19,669 19,150 18,654 # Nifty G-Sec Jun 2036 Index ## CRISIL 10 year Gilt Index. The scheme will be managed by
Dec 31, 12 Since Inception 7.31 7.04 6.48 22,776 22,114 20,812 Anupam Joshi from 31st August 2024.
# CRISIL Money Market A-I Index ## CRISIL 1 year T-Bill Index. The scheme will be managed by
Praveen Jain from 31st August 2024. HDFC NIfty SDL Plus G-Sec Jun 2027 NAV as at August 30, 2024 ` 11.1629
40:60 Index Fund
HDFC Nifty G-Sec Dec 2026 Index Fund NAV as at August 30, 2024 ` 11.4360 Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Date Period Scheme Benchmark Additional Value of ` 10,000 invested Returns Returns Benchmark Scheme Benchmark Additional
Returns Returns Benchmark Scheme Benchmark Additional (%) (%)# Returns (`) (`)# Benchmark
(%) (%)# Returns (%) ## (`)##
(%) ## (`) (`)# Benchmark
(`)## Aug 31, 23 Last 1 Year 8.16 8.45 8.82 10,816 10,845 10,882
Aug 31, 23 Last 1 Year 7.95 8.16 8.82 10,795 10,816 10,882 Mar 23, 23 Since Inception 7.93 8.22 9.05 11,163 11,206 11,330
Nov 10, 22 Since Inception 7.72 7.89 8.75 11,436 11,470 11,635 # Nifty SDL Plus G-Sec Jun 2027 40:60 Index ## CRISIL 10 year Gilt Index. The scheme will be
# Nifty G-Sec Dec 2026 Index ## CRISIL 10 year Gilt Index. The scheme will be managed by managed by Anupam Joshi from 31st August 2024.
Anupam Joshi from 31st August 2024.
HDFC FMP 1861D March 2022 (46) NAV as at August 30, 2024 ` 11.6182
HDFC Nifty G-Sec July 2031 Index Fund NAV as at August 30, 2024 ` 11.6426 Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Date Period Scheme Benchmark Additional Value of ` 10,000 invested Returns Returns Benchmark Scheme Benchmark Additional
Returns Returns Benchmark Scheme Benchmark Additional (%) (%)# Returns (`) (`)# Benchmark
(%) (%)# Returns (%) ## (`)##
(%) ## (`) (`)# Benchmark
(`)## Aug 31, 23 Last 1 Year 8.32 8.13 8.82 10,832 10,813 10,882
Aug 31, 23 Last 1 Year 9.03 9.20 8.82 10,903 10,920 10,882 Mar 09, 22 Since Inception 6.24 6.42 6.76 11,618 11,668 11,760
Nov 10, 22 Since Inception 8.79 8.98 8.75 11,643 11,680 11,635 The scheme will be
# Nifty G-Sec July 2031 Index ## CRISIL 10 year Gilt Index. The scheme will be managed by managed by Anupam Joshi from 31st August 2024.
Anupam Joshi from 31st August 2024.

Performance of close-ended schemes, being close-ended in nature, is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended
schemes is primarily buy-and-hold whereas open-ended schemes are actively managed.
Past performance may or may not be sustained in future and is not a guarantee of any future returns. Returns greater than 1 year period are compounded annualized (CAGR).
expenses / commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. N.A.: Not Available

August 2024 113

 SCHEME PERFORMANCE - DIRECT PLAN - GROWTH OPTION (FUND MANAGER-WISE)

HDFC FMP 1162D March 2022 (46) NAV as at August 30, 2024 ` 11.4899
CO-MANAGED BY
Date Period Scheme Benchmark Additional
Returns
Value of ` 10,000 invested
Returns Benchmark Scheme Benchmark Additional SRINIVASAN RAMAMURTHY,
(%) (%)# Returns
(%) ## (`) (`)# Benchmark
(`)##
BHAGYESH KAGALKAR & ANIL BAMBOLI
Aug 31, 23 Last 1 Year 7.50 7.76 8.82 10,750 10,776 10,882 ` 17.720
HDFC ASSET ALLOCATOR FUND OF FUNDS NAV as at August 30, 2024
Mar 15, 22 Since Inception 5.80 5.82 6.62 11,490 11,495 11,710
The scheme will be managed Date Period Scheme Benchmark Additional Value of ` 10,000 invested
by Anupam Joshi from 31st August 2024. Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns (`) (`)# Benchmark
(%) ## (`)##
HDFC FMP 1876D March 2022 (46) NAV as at August 30, 2024 ` 11.5802
Aug 31, 23 Last 1 Year 26.39 23.60 32.64 12,639 12,360 13,264
Date Period Scheme Benchmark Additional Value of ` 10,000 invested Aug 31, 21 Last 3 Years 17.08 12.41 15.17 16,051 14,205 15,274
Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns (`) (`)# Benchmark May 05, 21 Since Inception 18.79 14.69 19.38 17,720 15,769 18,017
(%) ## (`)## # 50 Hybrid Composite Debt 65:35 Index (Total Returns Index) And 10% Domestic
Aug 31, 23 Last 1 Year 8.34 8.13 8.82 10,834 10,813 10,882 Prices of Gold arrived at based on London Bullion Market Association's (LBMA) AM
Mar 29, 22 Since Inception 6.24 6.28 6.63 11,580 11,592 11,684 ## 50 (Total Returns Index). The scheme is co-managed by Mr. Srinivasan Ramamurthy
The scheme will be w.e.f
managed by Anupam Joshi from 31st August 2024.

HDFC FMP 1158D July 2022 (46) NAV as at August 30, 2024 ` 11.5870 CO-MANAGED BY
Date Period Scheme Benchmark Additional
Returns
Value of ` 10,000 invested
Returns Benchmark Scheme Benchmark Additional
NIRMAN MORAKHIA & ARUN AGARWAL
(%) (%)# Returns (`) (`)# Benchmark
(%) ## (`)## HDFC Gold Fund NAV as at August 30, 2024 ` 23.0230
Aug 31, 23 Last 1 Year 7.62 7.76 8.82 10,762 10,776 10,882 Date Period Scheme Benchmark Value of ` 10,000 invested
Jul 26, 22 Since Inception 7.27 7.28 8.45 11,587 11,589 11,857 Returns Returns
(%) (%)# Scheme Benchmark
The scheme will be managed (`) (`)#
by Anupam Joshi from 31st August 2024.
Aug 31, 23 Last 1 Year 20.67 21.13 12,067 12,113
HDFC FMP 1406D August 2022 (46) NAV as at August 30, 2024 ` 11.5077 Aug 31, 21 Last 3 Years 14.27 15.03 14,919 15,221
Aug 30, 19 Last 5 Years 12.57 12.53 18,091 18,053
Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional Aug 28, 14 Last 10 Years 9.02 9.96 23,741 25,888
(%) (%)# Returns (`) (`)# Benchmark Jan 01, 13 Since Inception 6.49 7.60 20,819 23,499
(%) ## (`)## # Domestic Price of Physical Gold
Aug 31, 23 Last 1 Year 8.01 7.76 8.82 10,801 10,776 10,882 15, 2023 and .
Aug 25, 22 Since Inception 7.21 7.09 8.22 11,508 11,481 11,727
The scheme will be managed HDFC Index Fund - BSE SENSEX Plan NAV as at August 30, 2024 ` 775.0051
by Anupam Joshi from 31st August 2024.
Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional
HDFC FMP 1359D September 2022 (46) NAV as at August 30, 2024 ` 11.5423 (%) (%)# Returns
(%) ## (`) (`)# Benchmark
Date Period Scheme Benchmark Additional Value of ` 10,000 invested (`)##
Returns Returns Benchmark Scheme Benchmark Additional Aug 31, 23 Last 1 Year 28.26 28.63 32.64 12,826 12,863 13,264
(%) (%)# Returns (`) (`)# Benchmark
(%) ## (`)## Aug 31, 21 Last 3 Years 13.85 14.15 15.17 14,758 14,875 15,274
Aug 31, 23 Last 1 Year 7.92 7.76 8.82 10,792 10,776 10,882 Aug 30, 19 Last 5 Years 18.14 18.54 19.37 23,039 23,425 24,262
Oct 11, 22 Since Inception 7.89 7.95 9.08 11,542 11,553 11,782 Aug 28, 14 Last 10 Years 13.03 13.35 13.59 34,104 35,063 35,825
The scheme will be managed Jan 01, 13 Since Inception 14.26 14.61 14.58 47,362 49,112 48,964
by Anupam Joshi from 31st August 2024.

HDFC FMP 1204D December 2022 (47) NAV as at August 30, 2024 ` 11.2859 HDFC INDEX FUND - NIFTY 50 PLAN NAV as at August 30, 2024 ` 242.5772
Date Period Scheme Benchmark Additional Value of ` 10,000 invested Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns (%) (%)# Returns (`) (`)# Benchmark
(`) (`)# Benchmark (%) ##
(%) ## (`)## (`)##
Aug 31, 23 Last 1 Year 7.75 7.76 8.82 10,775 10,776 10,882 Aug 31, 23 Last 1 Year 32.21 32.64 28.63 13,221 13,264 12,863
Dec 27, 22 Since Inception 7.48 7.51 8.70 11,286 11,292 11,501 Aug 31, 21 Last 3 Years 14.84 15.17 14.15 15,146 15,274 14,875
The scheme will be managed Aug 30, 19 Last 5 Years 18.93 19.37 18.54 23,821 24,262 23,425
by Anupam Joshi from 31st August 2024.
Aug 28, 14 Last 10 Years 13.24 13.59 13.35 34,725 35,825 35,063
` 11.1193 Jan 01, 13 Since Inception 14.23 14.58 14.61 47,213 48,964 49,112
HDFC FMP 1269D March 2023 (47) NAV as at August 30, 2024
Date Period Scheme Benchmark Additional Value of ` 10,000 invested # (Total Returns Index) ## BSE SENSEX (Total Returns Index).
Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns (`) (`)# Benchmark HDFC NIFTY50 EQUAL WEIGHT INDEX NAV as at August 30, 2024 ` 18.2340
(%) ## (`)## FUND
Aug 31, 23 Last 1 Year 8.07 7.76 8.82 10,807 10,776 10,882
Mar 21, 23 Since Inception 7.61 7.97 9.09 11,119 11,173 11,340 Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional
The scheme will be managed (%) (%)# Returns
by Anupam Joshi from 31st August 2024. (%) ## (`) (`)# Benchmark
(`)##
HDFC FMP 2638D February 2023 (47) NAV as at August 30, 2024 ` 11.5288 Aug 31, 23 Last 1 Year 43.67 44.42 32.64 14,367 14,442 13,264
Aug 31, 21 Last 3 Years 20.43 21.07 15.17 17,466 17,746 15,274
Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional Aug 20, 21 Since Inception 21.93 22.60 16.56 18,234 18,540 15,908
(%) (%)# Returns (`) (`)# Benchmark # ## (Total Returns Index). The scheme
(%) ## (`)## is co-
Aug 31, 23 Last 1 Year 9.33 9.50 8.82 10,933 10,950 10,882 .
Since Inception 9.83 9.50 9.22 11,529 11,476 11,433
The scheme will be managed by
Anupam Joshi from 31st August 2024.
Performance of close-ended schemes, being close-ended in nature, is not strictly comparable with that of open-ended schemes since the investment strategy for close-ended
schemes is primarily buy-and-hold whereas open-ended schemes are actively managed.
Past performance may or may not be sustained in future and is not a guarantee of any future returns. Returns greater than 1 year period are compounded annualized (CAGR).
commission charged in the Regular Plan. Load is not taken into consideration for computation of performance. N.A.: Not Available

114 August 2024

 SCHEME PERFORMANCE - DIRECT PLAN - GROWTH OPTION (FUND MANAGER-WISE)
HDFC DEVELOPED WORLD INDEXES FUND NAV as at August 30, 2024 ` 13.996 HDFC BSE 500 Index Fund NAV as at August 30, 2024 ` 15.9865
OF FUNDS Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional
Date Period Scheme Benchmark Additional Value of ` 10,000 invested (%) (%)# Returns
Returns Returns Benchmark Scheme Benchmark Additional (%) ## (`) (`)# Benchmark
(%) (%)# Returns (`)##
(%) ## (`) (`)# Benchmark
(`)## Aug 31, 23 Last 1 Year 39.92 41.14 32.64 13,992 14,114 13,264
Aug 31, 23 Last 1 Year 24.55 26.23 32.64 12,455 12,623 13,264 Apr 21, 23 Since Inception 41.14 42.40 32.05 15,987 16,182 14,602
Oct 06, 21 Since Inception 12.29 13.06 14.53 13,996 14,277 14,822 # BSE 500 Total Returns Index (TRI) ## Nifty 50 TRI. The scheme is managed by Mr. Nirman
.
#MSCI World Index (Net Total Returns Index) ## (Total Returns Index). The scheme
is co-
MANAGED BY ABHISHEK PODDAR
HDFC NIFTY NEXT 50 INDEX FUND NAV as at August 30, 2024 ` 17.6840
HDFC Defence Fund NAV as at August 30, 2024 ` 22.681
Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional Date Period Scheme Benchmark Additional Value of ` 10,000 invested
(%) (%)# Returns (`) (`)# Benchmark Returns Returns Benchmark Scheme Benchmark Additional
(%) ## (`)## (%) (%)# Returns
(%) ## (`) (`)# Benchmark
Aug 31, 23 Last 1 Year 69.52 70.65 32.64 16,952 17,065 13,264 (`)##
Nov 03, 21 Since Inception 22.36 23.13 14.48 17,684 17,998 14,651 Aug 31, 23 Last 1 Year 89.67 116.91 32.64 18,967 21,691 13,264
# ## (Total Returns Index). The scheme is co-managed Jun 02, 23 Since Inception 92.89 132.00 29.73 22,681 28,551 13,833
# Nifty India Defence Index TRI ## Nifty 50 TRI. The scheme is managed by Mr. Abhishek Poddar
since inception.
HDFC NIFTY 100 INDEX FUND NAV as at August 30, 2024 ` 15.4621
Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional MANAGED BY AMIT SINHA
(%) (%)# Returns (`) (`)# Benchmark
(%) ## (`)## HDFC Non-Cyclical Consumer Fund NAV as at August 30, 2024 ` 15.028
Aug 31, 23 Last 1 Year 37.60 38.29 32.64 13,760 13,829 13,264
Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Since Inception 18.90 19.52 18.29 15,462 15,668 15,265 Returns Returns Benchmark Scheme Benchmark Additional
# ## (Total Returns Index). The scheme is co-managed (%) (%)# Returns (`) (`)# Benchmark
(%) ## (`)##
Aug 31, 23 Last 1 Year 47.30 47.01 32.64 14,730 14,701 13,264
HDFC NIFTY 100 EQUAL WEIGHT INDEX NAV as at August 30, 2024 ` 17.4069 Jul 12, 23 Since Inception 43.08 38.60 27.78 15,028 14,494 13,215
FUND # Nifty India Consumption Index TRI ## Nifty 50 TRI. The scheme is managed by Mr. Abhishek
Poddar since inception.
Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns
(%) ## (`) (`)# Benchmark
(`)##
MANAGED BY PRIYA RANJAN
Aug 31, 23 Last 1 Year 53.09 54.25 32.64 15,309 15,425 13,264
HDFC Transportation and Logistics Fund NAV as at August 30, 2024 ` 16.750
Since Inception 24.63 25.51 18.29 17,407 17,721 15,265
# ## (Total Returns Index). The scheme Date Period Scheme Benchmark Additional Value of ` 10,000 invested
is co- Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns (`) (`)# Benchmark
(%) ## (`)##
HDFC Silver ETF Fund of Fund NAV as at August 30, 2024 ` 14.5448 Aug 31, 23 Last 1 Year 65.20 68.21 32.64 16,520 16,821 13,264
Date Period Scheme Benchmark Value of ` 10,000 invested Aug 17, 23 Since Inception 64.34 67.85 30.60 16,750 17,122 13,194
Returns Returns Scheme Benchmark The scheme is managed by Priya
(%) (%)# (`) (`)# Ranjan since inception.
Aug 31, 23 Last 1 Year 13.65 15.06 11,365 11,506
Oct 28, 22 Since Inception 22.57 23.84 14,545 14,824
The scheme is
MANAGED BY BALAKUMAR B
.
HDFC Technology Fund NAV as at August 30, 2024 ` 14.522
HDFC Nifty Midcap 150 Index Fund NAV as at August 30, 2024 ` 18.6769 Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Date Period Scheme Benchmark Additional Value of ` 10,000 invested Returns Returns Benchmark Scheme Benchmark Additional
Returns Returns Benchmark Scheme Benchmark Additional (%) (%)# Returns (`) (`)# Benchmark
(%) (%)# Returns (%) ## (`)##
(%) ## (`) (`)# Benchmark
(`)## Last 6 Months 46.43 37.71 31.44 12,328 11,891 11,576
Aug 31, 23 Last 1 Year 49.15 50.08 32.64 14,915 15,008 13,264 # BSE Teck Index (TRI) ## Nifty 50 TRI. Simple annualized returns have been provided as per the
Apr 21, 23 Since Inception 58.22 59.63 32.05 18,677 18,905 14,602 extant guidelines since the scheme has completed 6 months but not 1 year. However, such returns
may not be representative. Absolute returns of the Scheme for the 6 month period is 23.28%. The
# Nifty Midcap 150 Index TRI ## Nifty 50 TRI. The scheme is managed by Mr. Nirman Morakhia scheme is managed by Balakumar B since inception.
.

HDFC Nifty Smallcap 250 Index Fund NAV as at August 30, 2024 ` 19.8061 MANAGED BY NIKHIL MATHUR
Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional HDFC Pharma and Healthcare Fund NAV as at August 30, 2024 ` 15.912
(%) (%)# Returns (`) (`)# Benchmark
(%) ## (`)## Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Aug 31, 23 Last 1 Year 52.09 53.26 32.64 15,209 15,326 13,264 Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns (`) (`)# Benchmark
Apr 21, 23 Since Inception 65.19 66.97 32.05 19,806 20,097 14,602 (%) ## (`)##
# Nifty Smallcap 250 TRI ## Nifty 50 TRI. The scheme is managed by Last 6 Months 55.61 46.91 31.44 12,788 12,352 11,576
Mr. Arun Agarwal since inception.
# BSE Healthcare Index (TRI) ## Nifty 50 TRI. Simple annualized returns have been provided as
per the extant guidelines since the scheme has completed 6 months but not 1 year. However, such
HDFC NIFTY200 Momentum 30 Index Fund NAV as at August 30, 2024 ` 12.4623 returns may not be representative. Absolute returns of the Scheme for the 6 month period is 27.88%.
The scheme is managed by Nikhil Mathur since inception.
Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme Benchmark Additional Past performance may or may not be sustained in future and is not a guarantee of any
(%) (%)# Returns (`) (`)# Benchmark
(%) ## (`)##
future returns. Returns greater than 1 year period are compounded annualized (CAGR).
Last 6 Months 48.16 49.07 31.44 12,414 12,460 11,576 The expenses of the Direct Plan under the Scheme will be lower to the extent of the
# Nifty 200 Momentum 30 TRI ## Nifty 50 TRI. Simple annualized returns have been provided as distribution expenses / commission charged in the Regular Plan. Load is not taken into
per the extant guidelines since the scheme has completed 6 months but not 1 year. However, such
returns may not be representative. Absolute returns of the Scheme for the 6 month period is 24.14%. consideration for computation of performance. N.A.: Not Available
The scheme is managed by .
August 2024 115
 IDCW HISTORY ^
HDFC FLEXI CAP FUND (Past 3 years) IDCW Option HDFC SMALL CAP FUND (Past 3 years) IDCW Option
Record Date Regular Plan Direct Plan Record Date Regular Plan Direct Plan
Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For
NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others
Mar 17, 22 59.014 5.750 5.750 65.864 5.750 5.750 Mar 17, 22 34.051 3.500 3.500 44.943 3.500 3.500
Mar 16, 23 58.764 5.750 5.750 66.769 5.750 5.750 Mar 16, 23 33.860 3.000 3.000 46.395 3.000 3.000
Mar 14, 24 76.341 7.000 7.000 88.436 7.000 7.000 Mar 14, 24 44.657 4.000 4.000 63.353 4.000 4.000

HDFC TOP 100 FUND (Past 3 years) IDCW Option HDFC HYBRID EQUITY FUND (Past 3 quarters) IDCW Option
Record Date Regular Plan Direct Plan Record Date Regular Plan Direct Plan
Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For
NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others
Mar 03, 22 50.209 5.25 5.25 55.214 5.25 5.25 Dec 26, 23 15.7930 0.2500 0.2500 17.7160 0.2500 0.2500
Mar 02, 23 49.950 5.00 5.00 55.846 5.00 5.00 Mar 26, 24 15.9840 0.2500 0.2500 17.9880 0.2500 0.2500
61.896 5.50 5.50 70.417 5.50 5.50 Jun 25, 24 17.1310 0.2500 0.2500 19.3460 0.2500 0.2500

HDFC CAPITAL BUILDER VALUE FUND (Past 3 years) IDCW Option HDFC BALANCED ADVANTAGE FUND (Past 3 months) IDCW Option
Record Date Regular Plan Direct Plan Record Date Regular Plan Direct Plan
Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For
NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others
26.933 2.75 2.75 30.026 2.75 2.75 Jun 25, 24 40.293 0.250 0.250 46.217 0.250 0.250
28.845 3.00 3.00 32.828 3.00 3.00 Jul 25, 24 41.023 0.250 0.250 47.117 0.250 0.250
33.727 2.75 2.75 40.139 2.75 2.75 Aug 26, 24 41.380 0.250 0.250 47.590 0.250 0.250

HDFC FOCUSED 30 FUND (Past 3 years) IDCW Option HDFC INFRASTRUCTURE FUND (Past 3 years) IDCW Option
Record Date Regular Plan Direct Plan Record Date Regular Plan Direct Plan
Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For
NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others
17.040 1.75 1.75 - - - Mar 03, 22 11.5210 1.0000 1.0000 15.9090 1.0000 1.0000
18.943 2.00 2.00 21.927 2.00 2.00 Mar 02, 23 12.5560 1.0000 1.0000 17.9340 1.0000 1.0000
24.298 2.25 2.25 29.862 2.25 2.25 20.6410 1.5000 1.5000 30.4540 1.5000 1.5000

HDFC ARBITRAGE FUND HDFC ELSS TAX SAVER (Past 3 years) IDCW Option
Normal IDCW Option (Past 3 months) (An open-ended equity linked savings scheme with a lock-in period of 3 years)
Record Date Wholesale Plan Direct Plan Record Date Regular Plan Direct Plan
Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For
NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others
Jun 20, 24 10.812 0.050 0.050 11.371 0.050 0.050 Mar 10, 22 55.928 5.750 5.750 67.943 5.750 5.750
Jul 18, 24 10.818 0.050 0.050 11.385 0.050 0.050 Mar 09, 23 58.383 5.750 5.750 72.808 5.750 5.750
Aug 22, 24 10.839 0.050 0.050 11.415 0.050 0.050 Mar 07, 24 76.458 7.000 7.000 98.005 7.000 7.000

Monthly IDCW Option (Past 3 months) HDFC HYBRID DEBT FUND

Record Date Wholesale Plan Wholesale Plan - Direct Plan Monthly IDCW Option (Past 3 months)
Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For Record Date Regular Plan Direct Plan
NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For
Jun 20, 24 11.228 0.050 0.050 11.020 0.050 0.050 NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others
Jul 18, 24 11.237 0.050 0.050 11.032 0.050 0.050 Jun 25, 24 14.6981 0.0800 0.0800 16.1165 0.0800 0.0800
Aug 22, 24 11.261 0.050 0.050 11.060 0.050 0.050 Jul 25, 24 14.8337 0.1000 0.1000 16.2801 0.1000 0.1000
Aug 26, 24 14.9114 0.1000 0.1000 16.3827 0.1000 0.1000
HDFC LARGE AND MID CAP FUND IDCW Option
(Erstwhile HDFC Growth Opportunities Fund) (Past 3 years) Quarterly IDCW Option (Past 3 months)
Record Date Regular Plan Direct Plan Record Date Regular Plan Direct Plan
Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For
NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others
22.017 2.00 2.00 26.266 2.00 2.00 Dec 26, 23 15.0969 0.3200 0.3200 16.4440 0.3200 0.3200
Mar 02, 23 25.838 1.50 1.50 31.808 1.50 1.50 Mar 26, 24 15.2666 0.3200 0.3200 16.6806 0.3200 0.3200
36.035 2.00 2.00 45.231 2.00 2.00 Jun 25, 24 15.5513 0.3000 0.3000 17.0474 0.3000 0.3000

HDFC MID-CAP OPPORTUNITIES FUND (Past 3 years) IDCW Option HDFC EQUITY SAVINGS FUND (Past 3 quarters) IDCW Option
Record Date Regular Plan Direct Plan Record Date Regular Plan Direct Plan
Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For
NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others
33.208 3.00 3.00 42.417 3.00 3.00 Dec 26, 23 12.6330 0.2200 0.2200 14.5910 0.2200 0.2200
34.514 3.50 3.50 45.361 3.50 3.50 Mar 26, 24 12.8870 0.2200 0.2200 14.9500 0.2200 0.2200
53.167 5.00 5.00 74.680 5.00 5.00 Jun 25, 24 13.2260 0.2200 0.2200 15.4170 0.2200 0.2200

^ Past performance may or may not be sustained in future and is not a guarantee of any future returns.

wise listing of IDCWs declared.

116 August 2024
 IDCW HISTORY ^
HDFC MULTI-ASSET FUND (Past 3 years) IDCW Option HDFC FLOATING RATE DEBT FUND (Past 3 months) Monthly IDCW Option
Record Date Regular Plan Direct Plan Record Date Regular Plan Direct Plan
Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For
NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others
Mar 04, 21 14.7460 1.0000 1.0000 16.3170 1.0000 1.0000 Jun 24, 24 10.2043 0.0602 0.0602 10.2060 0.0619 0.0619
15.2190 1.2500 1.2500 17.2000 1.2500 1.2500 Jul 29, 24 10.2478 0.1037 0.1037 10.2499 0.1058 0.1058
16.9970 1.2500 1.2500 20.1410 1.2500 1.2500 Aug 26, 24 10.2084 0.0643 0.0643 10.2103 0.0662 0.0662

HDFC INCOME FUND (Past 3 quarters) Quarterly IDCW Option HDFC LOW DURATION FUND (Past 3 months) Monthly IDCW Option
Record Date Regular Plan Direct Plan Record Date Regular Plan Direct Plan
Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For
NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others
Dec 26, 23 11.0857 0.0500 0.0500 12.4254 0.0500 0.0500 Jun 24, 24 10.1942 0.0542 0.0542 10.2015 0.0590 0.0590
Mar 26, 24 11.3291 0.2500 0.2500 12.6922 0.3000 0.3000 Jul 29, 24 10.2198 0.0798 0.0798 10.2284 0.0859 0.0859
Jun 25, 24 11.3157 0.1500 0.1500 12.6710 0.2000 0.2000 Aug 26, 24 10.1920 0.0520 0.0520 10.1991 0.0566 0.0566

HDFC DYNAMIC DEBT FUND HDFC CREDIT RISK DEBT FUND (Past 3 quarters) Quarterly IDCW Option
Quarterly IDCW Option (Past 3 quarters) Record Date Regular Plan Direct Plan
Record Date Wholesale Plan Direct Plan Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For
Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others
NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others Dec 26, 23 10.3418 0.1468 0.1468 10.6741 0.1676 0.1676
Dec 26, 23 12.1999 0.0500 0.0500 13.5518 0.0500 0.0500 Mar 26, 24 10.4219 0.1969 0.1969 10.7573 0.2192 0.2192
Mar 26, 24 12.4423 0.2500 0.2500 13.8336 0.3000 0.3000 Jun 25, 24 10.3933 0.1718 0.1718 10.7278 0.1938 0.1938
Jun 25, 24 12.4542 0.1500 0.1500 13.8502 0.2000 0.2000
HDFC ULTRA SHORT TERM FUND (Past 3 months) Monthly IDCW Option
Half-yearly (IDCW Option) (Past 2 years)
Record Date Regular Plan Direct Plan
Record Date Wholesale Plan Wholesale Plan - Direct Plan
Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For
Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For
NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others
NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others
Jun 24, 24 10.2044 0.0544 0.0544 10.1063 0.0563 0.0563
Mar 25, 22 11.5207 0.1500 0.1500 13.1166 0.1500 0.1500
Jul 29, 24 10.2217 0.0717 0.0717 10.1241 0.0741 0.0741
Mar 27, 23 11.6065 0.3500 0.3500 13.4238 0.3500 0.3500
Aug 26, 24 10.2027 0.0527 0.0527 10.1046 0.0546 0.0546
Sep 25, 23 11.6644 0.3500 0.3500 13.6246 0.5000 0.5000
Mar 26, 24 11.7533 0.4000 0.4000 13.6676 0.5000 0.5000
HDFC BANKING AND PSU DEBT FUND (Past 3 quarters) IDCW Option
Yearly (IDCW Option) (Past 3 years) Record Date Regular Plan Direct Plan
Record Date Wholesale Plan Wholesale Plan - Direct Plan Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For
Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others
NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others Mar 27, 23 10.1586 0.0186 0.0186 10.0491 0.0191 0.0191
Mar 25, 22 13.4412 0.4500 0.4500 14.5780 0.4500 0.4500 Mar 26, 24 10.1470 0.0070 0.0070 10.0374 0.0074 0.0124
Mar 27, 23 13.4372 0.5500 0.5500 14.7957 0.5500 0.5500 Aug 19, 24 10.1504 0.0104 0.0104 10.0410 0.0110 0.0110
Mar 26, 24 13.8723 0.9000 0.9000 15.4600 1.1000 1.1000
HDFC LONG DURATION DEBT FUND (Past 3 years) IDCW Option
HDFC CORPORATE BOND FUND (Past 3 quarters) Quarterly IDCW Option Record Date Regular Plan Direct Plan
Record Date Regular Plan Direct Plan Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For
Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others
NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others Dec 26, 23 10.2723 0.1430 0.1430 10.2984 0.1635 0.1635
Dec 26, 23 10.4286 0.1457 0.1457 10.2689 0.1499 0.1499 Mar 26, 24 10.5632 0.2057 0.2057 10.5780 0.1360 0.1360
Mar 26, 24 10.4990 0.2176 0.2176 10.3374 0.2199 0.2199 Jun 25, 24 10.6682 0.1977 0.1977 10.7646 0.2168 0.2168
Jun 25, 24 10.4891 0.1759 0.1759 10.3284 0.1795 0.1795
HDFC DIVIDEND YIELD FUND (Past 3 years) IDCW Option
HDFC GILT FUND (Past 3 quarters) IDCW Option Record Date Regular Plan Direct Plan
Record Date Regular Plan Direct Plan Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For
Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others
NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others Mar 10, 22 13.76 1.00 1.00 14.051 0.95 0.95
Dec 26, 23 11.8675 0.1000 0.1000 12.6085 0.1000 0.1000
Mar 26, 24 12.0053 0.2500 0.2500 12.7750 0.2500 0.2500 HDFC BANKING AND FINANCIAL SERVICES FUND (Past 3 years) IDCW Option
Jun 25, 24 12.0388 0.2000 0.2000 12.8408 0.2000 0.2000
Record Date Regular Plan Direct Plan
Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For
HDFC LIQUID FUND (Past 3 months) Monthly IDCW Option NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others
Record Date Regular Plan Direct Plan Mar 07, 24 14.0610 0.7500 0.7500 14.6870 0.7500 0.7500
Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For
NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others HDFC HOUSING OPPORTUNITIES FUND (Past 3 years) IDCW Option
Jun 24, 24 1031.7086 5.4086 5.4086 1031.7721 5.4720 5.4720
Record Date Regular Plan Direct Plan
Jul 29, 24 1033.2450 6.9450 6.9450 1033.3244 7.0244 7.0244
Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For
Aug 26, 24 1031.6554 5.3554 5.3554 1031.7189 5.4189 5.4189 NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others
HDFC MULTI CAP FUND (Past 3 years) IDCW Option Mar 09, 23 12.407 1.000 1.000 13.161 1.000 1.000
Mar 07, 24 17.437 1.250 1.250 18.773 1.250 1.250
Record Date Regular Plan Direct Plan
Cum IDCW IDCW per Unit (`) For Cum IDCW IDCW per Unit (`) For
NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others
Mar 14, 24 15.6340 0.7500 0.7500 16.1950 0.7500 0.7500
^ Past performance may or may not be sustained in future and is not a guarantee of any future returns.

wise listing of IDCWs declared.

August 2024 117
 BENCHMARK AND SCHEME RISKOMETERS
Fund Name & Benchmark Product Labelling Scheme Riskometer Benchmark Riskometer
(This product is suitable for investors
who are seeking ~)

HDFC Index Fund - NIFTY 50 • Returns that are commensurate Modera Modera
oderate High tely oderate High tely
Plan o M o M
w t erate Hi w t erate Hi
50, subject to tracking errors over

Mo Lo

Mo Lo
gh

gh
d

d
BENCHMARK : long term

Very

Very
• Investment in equity securities

High

High
Low

Low
Returns Index)
RISKOMETER RISKOMETER
Investors understand that their principal will be at Investors understand that their principal will be at
very high risk very high risk

HDFC Index Fund - BSE SENSEX • Returns that are commensurate Modera Modera
oderate High tely oderate High tely
Plan with the performance of the BSE o M o M
w t erate Hi w t erate Hi
SENSEX, subject to tracking errors

Mo Lo

Mo Lo
gh

gh
d

d
BENCHMARK : BSE SENSEX (Total over long term.

Very

Very
• Investment in equity securities

High

High
Low

Low
Returns Index)
covered by the BSE SENSEX.
RISKOMETER RISKOMETER
Investors understand that their principal will be at Investors understand that their principal will be at
very high risk very high risk

HDFC NIFTY 100 Index Fund • Returns that are commensurate Modera Modera
oderate High tely oderate High tely
(before fees and expenses) with o M o M
w t erate Hi w t erate Hi
BENCHMARK :
Mo Lo

Mo Lo
gh

gh
d

d
Returns Index) Index (TRI) over long term, subject

Very

Very
to tracking error

High

High
Low

Low
• Investment in equity securities
RISKOMETER RISKOMETER
Investors understand that their principal will be at Investors understand that their principal will be at
very high risk very high risk

HDFC NIFTY50 Equal Weight • Returns that are commensurate Modera Modera
oderate High tely oderate High tely
Index Fund (before fees and expenses) with o M o M
w t erate Hi w t erate Hi
Mo Lo

Mo Lo
gh

gh
d

d
BENCHMARK : Equal Weight Index over long term,
Very

Very
subject to tracking error
High

High
Low

Low
(Total Returns Index)
• Investment in securities covered by
RISKOMETER RISKOMETER
Investors understand that their principal will be at Investors understand that their principal will be at
very high risk very high risk

HDFC NIFTY 100 Equal Weight • Returns that are commensurate Modera Modera
oderate High tely oderate High tely
Index Fund (before fees and expenses) with o M o M
w t erate Hi w t erate Hi
Mo Lo

Mo Lo
gh

gh
d

d
BENCHMARK : Equal Weight Index (TRI) over long
Very

Very
term, subject to tracking error
High

High
Low

Low

Weight (Total Returns Index)

• Investment in equity securities
RISKOMETER RISKOMETER
Investors understand that their principal will be at Investors understand that their principal will be at
Weight Index very high risk very high risk

HDFC NIFTY Next 50 Index Fund • Returns that are commensurate Modera Modera
oderate High tely oderate High tely
(before fees and expenses) with o M o M
w t erate Hi w t erate Hi
BENCHMARK :
Mo Lo

Mo Lo
gh

gh
d

Returns Index) 50 Index over long term, subject to

Very

Very

tracking error
High

High
Low

Low

• Investment in securities covered by

RISKOMETER RISKOMETER
Investors understand that their principal will be at Investors understand that their principal will be at
very high risk very high risk

HDFC NIFTY Midcap 150 Index • Returns that are commensurate Modera Modera
oderate High tely oderate High tely
Fund (before fees and expenses) with the o M o M
w t erate Hi w t erate Hi
Mo Lo

Mo Lo
gh

gh
d

BENCHMARK : 150 Index (TRI) over long term,

Very

Very

subject to tracking error.

High

High
Low

Low

Total Returns Index (TRI)

• Investment in equity securities
RISKOMETER RISKOMETER
Investors understand that their principal will be at Investors understand that their principal will be at
Index very high risk very high risk

HDFC NIFTY Smallcap 250 Index • Returns that are commensurate Modera Modera
oderate High tely oderate High tely
Fund (before fees and expenses) with the o M o M
w t erate Hi w t erate Hi
Mo Lo

Mo Lo
gh

gh
d

BENCHMARK : 250 Index (TRI) over long term,

Very

Very

subject to tracking error.

High

High
Low

Low

Total Returns Index (TRI)

• Investment in equity securities
RISKOMETER RISKOMETER
Investors understand that their principal will be at Investors understand that their principal will be at
Index very high risk very high risk

118 August 2024

 BENCHMARK AND SCHEME RISKOMETERS
Fund Name & Benchmark Product Labelling Scheme Riskometer Benchmark Riskometer
(This product is suitable for investors
who are seeking ~)

HDFC BSE 500 Index Fund • Returns that are commensurate

rate Moderately rate Moderately
(before fees and expenses) with the o Mode High o Mode High
w t erate Hi w t erate Hi
BENCHMARK : BSE 500 Total Returns performance of the BSE 500 Index

Mo Lo

Mo Lo
gh

gh
d

d
Index (TRI) (TRI) over long term, subject to

Very

Very
tracking error.

High

High
Low

Low
• Investment in equity securities
RISKOMETER RISKOMETER
covered by the BSE 500 Index
Investors understand that their principal will be at Investors understand that their principal will be at
very high risk very high risk

HDFC NIFTY 50 ETF • Returns that are commensurate

rate Moderately rate Moderately
o Mode High o Mode High
w t erate Hi w t erate Hi
BENCHMARK : 50, subject to tracking errors over

Mo Lo

Mo Lo
gh

gh
d

d
Returns Index) long term

Very

Very
• Investment in equity securities

High

High
Low

Low
RISKOMETER RISKOMETER
Investors understand that their principal will be at Investors understand that their principal will be at
very high risk very high risk

HDFC BSE SENSEX ETF • Returns that are commensurate

rate Moderately rate Moderately
with the performance of the BSE o Mode High o Mode High
w t erate Hi w t erate Hi
BENCHMARK : BSE SENSEX (Total SENSEX, subject to tracking errors Mo Lo

Mo Lo
gh

gh
d

d
Returns Index) over long term

Very

Very
• Investment in equity securities

High

High
Low

Low
covered by the BSE SENSEX
RISKOMETER RISKOMETER
Investors understand that their principal will be at Investors understand that their principal will be at
very high risk very high risk

HDFC NIFTY Bank ETF • Returns that are commensurate

rate Moderately rate Moderately
o Mode High o Mode High
w t erate Hi w t erate Hi
BENCHMARK : Bank Index (Total Returns Index),
Mo Lo

Mo Lo
gh

gh
d

d
Returns Index) subject to tracking error, over long
Very

Very
term
High

High
Low

Low
• Investment in equity securities
RISKOMETER RISKOMETER
Investors understand that their principal will be at Investors understand that their principal will be at
very high risk very high risk

HDFC NIFTY 100 ETF • Returns that are commensurate

rate Moderately rate Moderately
(before fees and expenses) with o Mode High o Mode High
w t erate Hi w t erate Hi
BENCHMARK :
Mo Lo

Mo Lo
gh

gh
d

d
Returns Index) Index (TRI), over long term, subject
Very

Very
to tracking error.
High

High
Low

Low

• Investment in securities covered by

RISKOMETER RISKOMETER
Investors understand that their principal will be at Investors understand that their principal will be at
very high risk very high risk

HDFC NIFTY Next 50 ETF • Returns that are commensurate

rate Moderately rate Moderately
(before fees and expenses) with the o Mode High o Mode High
w t erate Hi w t erate Hi
BENCHMARK :
Mo Lo

Mo Lo
gh

gh
d

Returns Index) Index (TRI), over long term, subject

Very

Very

to tracking error.
High

High
Low

Low

• Investment in securities covered by

RISKOMETER RISKOMETER
Investors understand that their principal will be at Investors understand that their principal will be at
very high risk very high risk

HDFC Silver ETF • Returns that are commensurate

rate Moderately rate Moderately
with the performance of Silver, o Mode High o Mode High
w t erate Hi w t erate Hi
BENCHMARK : Domestic Prices of subject to tracking errors, over long
Mo Lo

Mo Lo
gh

gh
d

physical Silver (based on LBMA Silver term.

Very

Very

• Investment in Silver bullion of

High

High
Low

Low

RISKOMETER RISKOMETER
Investors understand that their principal will be at Investors understand that their principal will be at
very high risk very high risk

HDFC NIFTY50 VALUE 20 ETF • Returns that are commensurate

rate Moderately rate Moderately
(before fees and expenses) with the o Mode High o Mode High
w t erate Hi w t erate Hi
BENCHMARK :
Mo Lo

Mo Lo
gh

gh
d

Index (TRI) 20 Index (TRI), over long term,

Very

Very

subject to tracking error.

High

High
Low

Low

• Investment in securities covered by

RISKOMETER RISKOMETER
Investors understand that their principal will be at Investors understand that their principal will be at
very high risk very high risk

August 2024 119

 BENCHMARK AND SCHEME RISKOMETERS
Fund Name & Benchmark Product Labelling Scheme Riskometer Benchmark Riskometer
(This product is suitable for investors
who are seeking ~)

HDFC NIFTY100 Quality 30 ETF • Returns that are commensurate

rate Moderately rate Moderately
(before fees and expenses) with o Mode High o Mode High
w t erate Hi w t erate Hi
BENCHMARK :

Mo Lo

Mo Lo
gh

gh
d

d
Index (TRI) Quality 30 Index Index (TRI), over

Very

Very
long term, subject to tracking error.

High

High
Low

Low
• Investment in securities covered
RISKOMETER RISKOMETER
Investors understand that their principal will be at Investors understand that their principal will be at
Index very high risk very high risk

HDFC NIFTY Growth Sectors • Returns that are commensurate

rate Moderately rate Moderately
15 ETF (before fees and expenses) with the o Mode High o Mode High
w t erate Hi w t erate Hi

Mo Lo

Mo Lo
gh

gh
d

d
BENCHMARK : Sectors 15 Index (TRI), over long

Very

Very
term, subject to tracking error.

High

High
Low

Low
15 Index (TRI)
• Investment in securities covered by
RISKOMETER RISKOMETER
Investors understand that their principal will be at Investors understand that their principal will be at
very high risk very high risk

HDFC NIFTY100 Low Volatility • Returns that are commensurate

rate Moderately rate Moderately
30 ETF (before fees and expenses) with the o Mode High o Mode High
Mo Low t erate Hi w t erate Hi

Mo Lo
gh

gh
d

d
BENCHMARK : Volatility 30 Index (TRI), over long

Very

Very
term, subject to tracking error.

High

High
Low

Low
Volatility 30 Index (TRI)
• Investment in securities covered
RISKOMETER RISKOMETER
Investors understand that their principal will be at Investors understand that their principal will be at
Index very high risk very high risk

HDFC NIFTY200 Momentum • Returns that are commensurate

rate Moderately rate Moderately
30 ETF (before fees and expenses) with o Mode High o Mode High
w t erate Hi w t erate Hi
Mo Lo

Mo Lo
gh

gh
d

d
BENCHMARK : Momentum 30 Index (TRI), over
Very

Very
long term, subject to tracking error.
High

High
Low

Low
30 Index (TRI)
• Investment in securities covered by
RISKOMETER RISKOMETER
Investors understand that their principal will be at Investors understand that their principal will be at
very high risk very high risk

HDFC NIFTY Midcap 150 ETF • Returns that are commensurate

rate Moderately rate Moderately
(before fees and expenses) with the o Mode High o Mode High
w t erate Hi w t erate Hi
BENCHMARK :
Mo Lo

Mo Lo
gh

gh
d

d
Index (TRI) 150 Index (TRI), over long term,
Very

Very
subject to tracking error.
High

High
Low

Low

• Investment in securities covered by

RISKOMETER RISKOMETER
Investors understand that their principal will be at Investors understand that their principal will be at
very high risk very high risk

HDFC NIFTY Smallcap 250 ETF • Returns that are commensurate

rate Moderately rate Moderately
(before fees and expenses) with the o Mode High o Mode High
w t erate Hi w t erate Hi
BENCHMARK :
Mo Lo

Mo Lo
gh

gh
d

Index (TRI) 250 Index (TRI), over long term,

Very

Very

subject to tracking error.

High

High
Low

Low

• Investment in securities covered by

RISKOMETER RISKOMETER
Investors understand that their principal will be at Investors understand that their principal will be at
very high risk very high risk

HDFC BSE 500 ETF • Returns that are commensurate

rate Moderately rate Moderately
(before fees and expenses) with the o Mode High o Mode High
w t erate Hi w t erate Hi
BENCHMARK : BSE 500 Index (TRI) performance of the BSE 500 Index
Mo Lo

Mo Lo
gh

gh
d

(TRI), over long term, subject to

Very

Very

tracking error.
High

High
Low

Low

• Investment in securities covered by

RISKOMETER RISKOMETER
the BSE 500 Index
Investors understand that their principal will be at Investors understand that their principal will be at
very high risk very high risk

HDFC NIFTY IT ETF • Returns that are commensurate

rate Moderately rate Moderately
(before fees and expenses) with the o Mode High o Mode High
w t erate Hi w t erate Hi
BENCHMARK :
Mo Lo

Mo Lo
gh

gh
d

(TRI), over long term, subject to

Very

Very

tracking error.
High

High
Low

Low

• Investment in securities covered by

RISKOMETER RISKOMETER
Investors understand that their principal will be at Investors understand that their principal will be at
very high risk very high risk

120 August 2024

 BENCHMARK AND SCHEME RISKOMETERS
Fund Name & Benchmark Product Labelling Scheme Riskometer Benchmark Riskometer
(This product is suitable for investors
who are seeking ~)

HDFC NIFTY Private Bank ETF • Returns that are commensurate

rate Moderately rate Moderately
(before fees and expenses) with the o Mode High o Mode High
w t erate Hi w t erate Hi
BENCHMARK :

Mo Lo

Mo Lo
gh

gh
d

d
Index (TRI) Bank Index (TRI), over long term,

Very

Very
subject to tracking error.

High

High
Low

Low
• Investment in securities covered by
RISKOMETER RISKOMETER
Investors understand that their principal will be at Investors understand that their principal will be at
very high risk very high risk

HDFC Gold Exchange Traded • Returns that are commensurate

rate Moderately rate Moderately
Fund with the performance of gold, o Mode High o Mode High
w t erate Hi w t erate Hi
subject to tracking errors, over long

Mo Lo

Mo Lo
gh

gh
d

d
BENCHMARK : Domestic Price of term

Very

Very
• Investment predominantly in Gold

High

High
Low

Low
Physical Gold
RISKOMETER RISKOMETER
Investors understand that their principal will be at Investors understand that their principal will be at
high risk high risk

HDFC Gold Fund • Capital appreciation over long term

rate Moderately rate Moderately
o Mode High o Mode High
w t erate Hi w t erate Hi
BENCHMARK : Domestic Price of Mo Lo

Mo Lo
gh

gh
d

d
Physical Gold

Very

Very
High

High
Low

Low
RISKOMETER RISKOMETER
Investors understand that their principal will be at Investors understand that their principal will be at
high risk high risk

HDFC Silver ETF Fund of Fund • Capital appreciation over long

rate Moderately rate Moderately
term. o Mode High o Mode High
w t erate Hi w t erate Hi
BENCHMARK : Domestic Price of
Mo Lo

Mo Lo
gh

gh
d

d
Physical Silver (based on LBMA Silver
Very

Very
and Silver related instruments.
High

High
Low

Low
RISKOMETER RISKOMETER
Investors understand that their principal will be at Investors understand that their principal will be at
very high risk very high risk

HDFC Developed World Indexes • Returns that closely correspond to

rate Moderately rate Moderately
Fund of Funds the performance of the MSCI World o Mode High o Mode High
w t erate Hi w t erate Hi
Index, subject to tracking errors,
Mo Lo

Mo Lo
gh

gh
d

d
BENCHMARK : MSCI World Index (Net over long term
Very

Very
• Investments in units/shares of
High

High
Low

Low

Total Returns Index)

RISKOMETER RISKOMETER
Investors understand that their principal will be at Investors understand that their principal will be at
very high risk very high risk

August 2024 121

 BENCHMARK AND SCHEME RISKOMETERS

Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer Potential Risk Class
Benchmark (This product is suitable for investors (Current risk as per latest month (Maximum risk the Scheme can take)
who are seeking ~) end portfolio)

HDFC NIFTY • Returns that are commensurate

rate Moderately rate Moderately Relatively Relatively
G-Sec Dec (before fees and expenses) with o Mode High o Mode High Low Moderate High
w t erate Hi w t erate Hi (Class A) (Class B) (Class C)
2026 Index the performance of the Nifty

Mo Lo
Mo Lo

gh
gh

d
d
G-sec Dec 2026 Index, subject to Relatively Low (Class I)
Fund

Very
Very

High
High
Low

Low
Moderate (Class II)
• Investment in Government
BENCHMARK : RISKOMETER RISKOMETER Relatively High (Class III) A-III
Securities/SDL, TREPS on
Nifty G-Sec Dec Investors understand that their principal will be at Investors understand that their principal will be at
Government Securities/Treasury low to moderate risk moderate risk A-III - A Scheme with Relatively High Interest Rate Risk and
2026 Index Relatively Low Credit Risk.
bills

HDFC NIFTY • Returns that are commensurate Modera Modera Relatively Relatively
oderate High tely oderate High tely Moderate
G-Sec Jul (before fees and expenses) with o M o M Low High
w t erate Hi w t erate Hi (Class A) (Class B) (Class C)
2031 Index the performance of the Nifty
Mo Lo

Mo Lo
gh

gh
d

d
G-Sec July 2031 Index, subject to Relatively Low (Class I)
Fund

Very

Very
High

High
Low

Low
Moderate (Class II)
• Investment in Government
BENCHMARK : RISKOMETER RISKOMETER Relatively High (Class III) A-III
Securities/SDL, TREPS on
Nifty G-Sec July Investors understand that their principal will be at Investors understand that their principal will be at
Government Securities/Treasury moderate risk moderate risk A-III - A Scheme with Relatively High Interest Rate Risk and
2031 Index Relatively Low Credit Risk.
bills

HDFC NIFTY • Returns that are commensurate Modera Modera Relatively Relatively
oderate High tely oderate High tely Moderate
G- Sec Jun (before fees and expenses) with o M o M Low High
w t erate Hi w t erate Hi (Class A) (Class B) (Class C)
2027 Index the performance of the Nifty
Mo Lo

Mo Lo
gh

gh
d

G- Sec Jun 2027 Index, subject to Relatively Low (Class I)

Fund
Very

Very
High

High
Low

Low

Moderate (Class II)

• Investment in Government
BENCHMARK : RISKOMETER RISKOMETER Relatively High (Class III) A-III
Securities/SDL, TREPS on
Nifty G- Sec Jun Investors understand that their principal will be at Investors understand that their principal will be at
Government Securities/Treasury low to moderate risk low to moderate risk A-III - A Scheme with Relatively High Interest Rate Risk and
2027 Index Relatively Low Credit Risk.
bills

HDFC NIFTY • Returns that are commensurate

rate Moderately rate Moderately Relatively Relatively
G-Sec Sep (before fees and expenses) with o Mode High o Mode High Low Moderate High
w t erate Hi w t erate Hi (Class A) (Class B) (Class C)
2032 Index the performance of the Nifty
Mo Lo

Mo Lo
gh

gh
d

G-Sec Sep 2032 Index, subject to Relatively Low (Class I)

Fund
Very

Very
High

High
Low

Low

Moderate (Class II)

• Investment in Government
BENCHMARK : RISKOMETER RISKOMETER Relatively High (Class III) A-III
Securities/SDL, TREPS on
Nifty G-Sec Sep Investors understand that their principal will be at Investors understand that their principal will be at
Government Securities/Treasury moderate risk moderate risk A-III - A Scheme with Relatively High Interest Rate Risk and
2032 Index Relatively Low Credit Risk.
bills

HDFC NIFTY • Returns that are commensurate Modera Modera Relatively Relatively
oderate High tely oderate High tely Moderate
SDL Oct 2026 (before fees and expenses) with o M o M Low High
w t erate Hi w t erate Hi (Class A) (Class B) (Class C)
Index Fund the performance of the Nifty
Mo Lo
Mo Lo

gh
gh

d
d

SDL Oct 2026 Index, subject to Relatively Low (Class I)

Very
Very

High
High
Low

Low

BENCHMARK : Moderate (Class II)

Nifty SDL Oct • Investment in Government
RISKOMETER RISKOMETER Relatively High (Class III) A-III
2026 Index Securities/SDL, TREPS on
Investors understand that their principal will be at Investors understand that their principal will be at
Government Securities/Treasury low to moderate risk moderate risk A-III - A Scheme with Relatively High Interest Rate Risk and
bills Relatively Low Credit Risk.

HDFC NIFTY • Returns that are commensurate

rate Moderately rate Moderately Relatively Relatively
G- Sec Apr (before fees and expenses) with o Mode High o Mode High Low Moderate High
w t erate Hi w t erate Hi (Class A) (Class B) (Class C)
2029 Index
Mo Lo

Mo Lo
gh

gh
d

G- Sec Apr 2029 Index, subject to Relatively Low (Class I)

Fund
Very

Very
High

High
Low

Low

Moderate (Class II)

• Investment in Government
BENCHMARK : RISKOMETER RISKOMETER Relatively High (Class III) A-III
Securities/SDL, TREPS on
Investors understand that their principal will be at Investors understand that their principal will be at
Government Securities/Treasury moderate risk moderate risk A-III - A Scheme with Relatively High Interest Rate Risk and
Apr 2029 Index Relatively Low Credit Risk.
bills

HDFC NIFTY • Returns that are commensurate Modera Modera Relatively Relatively
oderate High tely oderate High tely Moderate
G-Sec Jun (before fees and expenses) with o M o M Low High
w t erate Hi w t erate Hi (Class A) (Class B) (Class C)
2036 Index
Mo Lo

Mo Lo
gh

gh
d

G-sec Jun 2036 Index, subject to Relatively Low (Class I)

Fund
Very

Very
High

High
Low

Low

Moderate (Class II)

• Investment in Government
BENCHMARK : RISKOMETER RISKOMETER Relatively High (Class III) A-III
Securities/SDL, TREPS on
Investors understand that their principal will be at Investors understand that their principal will be at
Government Securities/Treasury moderate risk moderate risk A-III - A Scheme with Relatively High Interest Rate Risk and
2036 Index Relatively Low Credit Risk.
bills

122 August 2024

 BENCHMARK AND SCHEME RISKOMETERS
Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer Potential Risk Class
Benchmark (This product is suitable for investors (Current risk as per latest month (Maximum risk the Scheme can take)
who are seeking ~) end portfolio)

HDFC NIFTY • Returns that are commensurate

rate Moderately rate Moderately Relatively Relatively
SDL Plus (before fees and expenses) with o Mode High o Mode High Low Moderate High
w t erate Hi w t erate Hi (Class A) (Class B) (Class C)
G-Sec Jun

Mo Lo

Mo Lo
gh

gh
d

d
Plus G-Sec Jun 2027 40:60 Index, Relatively Low (Class I)
2027 40:60

Very

Very
High

High
Low

Low
Index Fund Moderate (Class II)
long term.
RISKOMETER RISKOMETER Relatively High (Class III) A-III
• Investment in Government
BENCHMARK : Investors understand that their principal will be at Investors understand that their principal will be at
Securities/SDL, TREPS on low to moderate risk low to moderate risk A-III - A Scheme with Relatively High Interest Rate Risk and
Government Securities/Treasury Relatively Low Credit Risk.
G-Sec Jun 2027 bills
40:60 Index

HDFC FMP • Regular income over 1876 days Relatively Relatively

(tenure of the Plan) Modera Moderate
1876D March oderate High tely Low High
• Investment in debt and money o M Modera
oderate High tely
(Class B)
w t erate Hi (Class A) (Class C)
2022 market instruments and o M
w t erate Hi
Mo Lo

gh
government securities. Relatively Low (Class I)
d

Mo Lo

gh
d
BENCHMARK :

Very
Moderate (Class II)
High
Low

Very
High
Low
RISKOMETER Relatively High (Class III) A-III
To Long
Investors understand that their principal will be at RISKOMETER A-III - A Scheme with Relatively High Interest Rate Risk and
Duration Debt low to moderate risk Investors understand that their principal will be at Relatively Low Credit Risk.
Index moderate risk

HDFC FMP • Regular income over 1861 days Relatively Relatively

(tenure of the Plan) Modera Moderate
1861D March oderate High tely Low High
• Investment in debt and money o M Modera
oderate High tely
(Class B)
w t erate Hi (Class A) (Class C)
2022 market instruments and o M
w t erate Hi
Mo Lo

gh

government securities. Relatively Low (Class I)

d

Mo Lo

gh
d

BENCHMARK :
Very

Moderate (Class II)

High
Low

Very
High
Low

RISKOMETER Relatively High (Class III) A-III

To Long
Investors understand that their principal will be at RISKOMETER A-III - A Scheme with Relatively High Interest Rate Risk and
Duration Debt low to moderate risk Investors understand that their principal will be at Relatively Low Credit Risk.
Index moderate risk

HDFC FMP • Regular income over 1162 days Relatively Relatively

(tenure of the Plan) Modera Moderate
1162D March oderate High tely Low High
• Investment in debt and money o M Modera
oderate High tely
(Class B)
w t erate Hi (Class A) (Class C)
2022 (46) market instruments and o M
w t erate Hi
Mo Lo

gh
d

government securities. Relatively Low (Class I)

Mo Lo

gh
d
Very

BENCHMARK : Moderate (Class II)

High
Low

Very
High
Low

RISKOMETER Relatively High (Class III) A-III

Duration Debt RISKOMETER
Investors understand that their principal will be at A-III - A Scheme with Relatively High Interest Rate Risk and
Index low to moderate risk Investors understand that their principal will be at Relatively Low Credit Risk.
moderate risk

HDFC FMP • Regular income over 1158 days Relatively Relatively

(tenure of the plan) Modera Moderate
1158D July oderate High tely Low High
• Investment in debt and money o M Modera
oderate High tely
(Class B)
w t erate Hi (Class A) (Class C)
2022 (46) market instruments and o M
w t erate Hi
Mo Lo

gh
d

overnment securities. Relatively Low (Class I)

Mo Lo

gh
d
Very

BENCHMARK : Moderate (Class II)

High
Low

Very
High
Low

RISKOMETER Relatively High (Class III) A-III

Duration Debt RISKOMETER
Investors understand that their principal will be at A-III - A Scheme with Relatively High Interest Rate Risk and
Index low to moderate risk Investors understand that their principal will be at Relatively Low Credit Risk.
moderate risk

HDFC FMP • Regular income over 1406 days Relatively Relatively

rate Moderately
(tenure of the plan) Low Moderate High
1406D • Investment in debt and money o Mode High Modera (Class B)
w t erate Hi oderate High tely (Class A) (Class C)
August 2022 market instruments and o M
w t erate Hi
Mo Lo

gh

government securities. Relatively Low (Class I)

d

(46)
Mo Lo

gh
d

Moderate (Class II)

Very
High
Low

Very
High
Low

BENCHMARK : Relatively High (Class III) A-III

RISKOMETER
Investors understand that their principal will be at RISKOMETER A-III - A Scheme with Relatively High Interest Rate Risk and
Duration Debt low to moderate risk Investors understand that their principal will be at Relatively Low Credit Risk.
Index moderate risk

HDFC FMP • Regular income over 1359 days Relatively Relatively

rate Moderately
(tenure of the plan) Low Moderate High
1359D • Investment in debt and money o Mode High Modera (Class B)
w t erate Hi oderate High tely (Class A) (Class C)
September market instruments and o M
w t erate Hi
Mo Lo

gh

government securities. Relatively Low (Class I)

d

2022 (46)
Mo Lo

gh
d

Moderate (Class II)

Very
High
Low

Very
High
Low

BENCHMARK : Relatively High (Class III) A-III

RISKOMETER
Investors understand that their principal will be at RISKOMETER A-III - A Scheme with Relatively High Interest Rate Risk and
Duration Debt low to moderate risk Investors understand that their principal will be at Relatively Low Credit Risk.
Index moderate risk

August 2024 123

 BENCHMARK AND SCHEME RISKOMETERS
Fund Name & Product Labelling Scheme Riskometer Benchmark Riskometer Potential Risk Class
Benchmark (This product is suitable for investors (Current risk as per latest month (Maximum risk the Scheme can take)
who are seeking ~) end portfolio)

HDFC FMP • Regular income over 1204 days Relatively Relatively

(tenure of the plan) Modera Moderate
1204D oderate High tely Low High
• Investment in debt and money o M Modera
oderate High tely
(Class B)
w t erate Hi (Class A) (Class C)
December market instruments and o M
w t erate Hi

Mo Lo

gh
government securities. Relatively Low (Class I)

d
2022 (47)

Mo Lo

gh
d
Moderate (Class II)

Very
High
Low

Very
High
Low
BENCHMARK : Relatively High (Class III) A-III
RISKOMETER
Investors understand that their principal will be at RISKOMETER A-III - A Scheme with Relatively High Interest Rate Risk and
Duration Debt low to moderate risk Investors understand that their principal will be at Relatively Low Credit Risk.
Index moderate risk

HDFC FMP • Regular income over 2638 days Relatively Relatively

(tenure of the plan) Modera Moderate
2638D oderate High tely Low High
• Investment in debt and money o M Modera (Class B)
w t erate Hi oderate High tely (Class A) (Class C)
February market instruments and o M
w t erate Hi
Mo Lo

gh
government securities. Relatively Low (Class I)
d

2023

Mo Lo

gh
d
Moderate (Class II)

Very
High
Low

Very
High
Low
BENCHMARK Relatively High (Class III) A-III
RISKOMETER
: RISKOMETER
Investors understand that their principal will be at A-III - A Scheme with Relatively High Interest Rate Risk and
Duration Debt moderate risk Investors understand that their principal will be at Relatively Low Credit Risk.
Index moderate risk

HDFC FMP • Regular income over 1269 Days Relatively Relatively

(tenure of the plan) rate Moderately Moderate
1269D March • Investment in debt and money o Mode High Modera Low (Class B) High
w t erate Hi oderate High tely (Class A) (Class C)
2023 (47) market instruments and o M
w t erate Hi
Mo Lo

gh
d

government securities. Relatively Low (Class I)

Mo Lo

gh
d
Very

BENCHMARK : Moderate (Class II)

High
Low

Very
High
Low

RISKOMETER Relatively High (Class III) A-III

Duration Debt RISKOMETER
Investors understand that their principal will be at A-III - A Scheme with Relatively High Interest Rate Risk and
Index low to moderate risk Investors understand that their principal will be at Relatively Low Credit Risk.
moderate risk

HDFC NIFTY • Current Income with high degree Modera Modera Relatively Relatively
oderate High tely oderate High tely Moderate
1D RATE of liquidity o M o M Low High
w t erate Hi w t erate Hi (Class A) (Class B) (Class C)
LIQUID ETF • Investment in TREPS covered by
Mo Lo

Mo Lo
gh

gh
d

Relatively Low (Class I) A-I

Very

Very
Low

High

Low

High

BENCHMARK : Moderate (Class II)

RISKOMETER RISKOMETER Relatively High (Class III)
Index (TRI) Investors understand that their principal will be at Investors understand that their principal will be at
low risk low risk A-I - A Scheme with Relatively Low Interest Rate Risk and
Relatively Low Credit Risk.

Benchmark and Scheme Riskometer As on August 31, 2024

124 August 2024

 UPDATION OF PAN OF ALL UNITHOLDERS IN THE FOLIOS IS MANDATORY FOR PROCESSING OF REDEMPTION AND RELATED TRANSACTIONS

It is Mandatory to complete the KYC requirements for all unit holders, including for all joint holders and the guardian in case of folio of a minor investor.
Accordingly, financial transactions (including redemptions, switches and all types of systematic plans) will not be processed if the unit holders have not
completed KYC requirements

Disclaimer:

BSE SE
refer to the Scheme Information Document for disclaimers w.r.t. BSE SENSEX Index.

and trade names associated with such Indices which is determined, composed and calculated by NIL without regard to the Issuer /Licensee or the Product(s). NIL does not have any obligation to take the needs of

prices at, or quantities of the Product(s) to be issued or in the determination or calculation of the equation by which the Product(s) is to be converted into cash. NIL has no obligation or liability in connection with
the administration, marketing or trading of the Product(s).

to in Clauses above and will be bound by it.

MSCI Disclaimer:
no liability for or in connection with the MSCI indexes. Please see complete MSCI disclaimer in https://www.hdfcfund.com/our-products/hdfc-developed-world-indexes-fund-funds.

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MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.
Date of Release: September 16, 2024

August 2024 125