HDFCMF Factsheet July 2017 PDF

July 2017
GLOSSARY
Sharpe Ratio Risk Free Return
Sharpe Ratio is a risk to reward ratio, it measures portfolio returns generated in excess The theoretical rate of return of an investment with safest (zero risk) investment in a country.
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) Tracking Error
for the commensurate risk taken; negative Sharpe ratio indicates, investors are better off Tracking error indicates how closely the portfolio return is tracking the benchmark Index
investing in risk-free assets. 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
Beta error indicates portfolio returns with higher deviation from benchmark index returns.
Beta (ß) of a portfolio is a number indicating the relation between portfolio returns with
that of the market index i.e. it measure the volatility, or systematic risk, of a portfolio in Total Expense Ratio
comparison to the market as a whole. Total expenses charged to scheme for the month expressed as a percentage to average
monthly net assets.
Modified Duration
A formula that expresses the measurable change in the value of a security in response Average Maturity
to a change in interest rates. Modified duration of portfolio can be used to anticipate the Weighted average maturity of the securities in scheme.
change in market value of portfolio for every change in portfolio yield. Portfolio Yield (Yield To Maturity)
Standard Deviation Weighted average yield of the securities in scheme portfolio.
A statistical measure that defines expected volatility/risk associated with a portfolio. Portfolio Turnover Ratio
This explains the variation/deviation from the average returns delivered by the portfolio. Portfolio Turnover Ratio is the percentage of a fund’s holdings that have changed in a
A higher standard deviation means higher volatility (risk) and a lower standard deviation given year. This ratio measures the fund’s trading activity, which is computed by taking
means lower volatility. the lesser of purchases or sales and dividing by average monthly net assets.
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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
managers and research analysts. is 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
measure of risk-adjusted returns. It is calculated using standard deviation and excess
Minimum Additional Amount return to determine reward per unit of risk.
This is the minimum investment amount for an existing investor in a mutual fund scheme.
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 implies that the security’s price will be more volatile than the market.
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.
of a fixed sum. It works similar to a recurring bank deposit. For instance, an investor Average portfolio price to book ratio (Average P/BV)
may opt for an SIP that invests Rs 500 every 15th of the month in an equity fund for a It is price to book value of the stocks calculated for the entire portfolio on a weighted
period of three years. average basis.
NAV Average portfolio dividend yield (Average Dividend Yield)
The NAV or the net asset value is the total asset value per unit of the mutual fund after It is dividend yield of the stocks calculated for the entire portfolio on a weighted average
deducting all related and permissible expenses. The NAV is calculated at the end of basis.
every business day. It is the value at which the investor enters or exits the mutual fund.
Net Equity
Benchmark Net equity level is the net equity exposure percentage adjusted for any derivative
A group of securities, usually a market index, whose performance is used as a standard positions in stocks or index for hedging or rebalancing purpose.
or benchmark to measure investment performance of mutual funds, among other
investments. Some typical benchmarks include the NIFTY, Sensex, BSE200, BSE500, R Squared
10-Year Gsec. It is a statistical measure of how closely the portfolio returns are correlated with its
benchmark.
Entry Load
A mutual fund may have a sales charge or load at the time of entry and/or exit to AUM
AUM or assets under management refers to the recent / updated cumulative market
compensate the distributor/agent. Entry load is charged at the time an investor
value of investments managed by a mutual fund or any investment firm.
purchases the units of a mutual fund.
Holdings
The entry load is added to the prevailing NAV at the time of investment. For instance, if The holdings or the portfolio is a mutual fund’s latest or updated reported statement of
the NAV is Rs. 100 and the entry load is 1 %, the investor will enter the fund at Rs. 101. investments/securities. These are usually displayed in terms of percentage to net assets
(Note: SEBI, vide circular dated June 30, 2009 has abolished entry load and mandated or the rupee value or both. The objective is to give investors an idea of where their
that the upfront commission to distributors will be paid by the investor directly to the money is being invested by the fund manager.
distributor, based on his assessment of various factors including the service rendered
by the distributor). Nature of Scheme
The investment objective and underlying investments determine the nature of the mutual
Exit Load fund scheme. For instance, a mutual fund that aims at generating capital appreciation by
Exit load is charged at the time an investor redeems the units of a mutual fund. The exit investing in stock markets is an equity fund or growth fund. Likewise, a mutual fund that
load is reduced from the prevailing NAV at the time of redemption. The investor will aims at capital preservation by investing in debt markets is a debt fund or income fund.
receive redemption proceed at net value of NAV less Exit Load. For instance if the NAV is Each of these categories may have sub-categories.
Rs. 100 and the exit load is 1%, the investor will receive Rs. 99.
Rating Profile
Modified Duration Mutual funds invest in securities after evaluating their creditworthiness as disclosed by
Modified duration is the price sensitivity and the percentage change in price for a unit the ratings. A depiction of the mutual fund in various investments based on their ratings
change in yield. becomes the rating profile of the fund. Typically, this is a feature of debt funds.
2 July 2017 Intouch mutually

Market Review
Equity Market update Equity market have lagged nominal GDP growth for several years now.
Profit growth is now improving and earnings growth for next 2-3 years is
expected to be strong. NIFTY is currently trading at ~16xFY19E EPS which
is reasonable in a low interest rate and strong earnings growth environment.
I ndian equity markets continue to do well and made new highs in July. Nifty 50
closed above 10,000 and S&P BSE Sensex closed above 32,000 for first time.
However, bunching of new issuances in August / September could have a short
term impact on markets. In our opinion therefore, there is merit in increasing
Performance of global equity markets was mixed with Hang Seng being allocation to equities (for those with a medium to long term view) and to stay
the best performer. The table below gives the details of performance of key invested.
domestic and global indices.
% Change in Indices CY 2016 1M CY2017 YTD
S&P BSE India Bankex
S&P BSE India Capital Goods
7.3
(3.3)
8.0
5.3
36.8
31.5
Debt Market update
S&P BSE India FMCG 3.3 (3.2) 24.1
S&P BSE India Healthcare (12.9) 0.0 (3.6) T he yield on 10-year benchmark (6.79% GoI 2027) ended the month of July
S&P BSE India Metal 36.7 9.2 22.9 at 6.47% down by 4 bps over the previous month end. The yield on 10-year
S&P BSE India Oil & Gas 27.2 7.5 16.8 AAA Corporate Bond ended the month at 7.31% as against 7.42% at the end
S&P BSE India IT (8.0) 6.1 2.6 of June 2017. Thus, corporate bond spreads during the month narrowed to 74
S&P BSE Sensex 1.9 5.2 22.1 bps as against 80 bps in the previous month.
NIFTY 50 3.0 5.8 23.1 Liquidity conditions continued to remain positive during the month of July
NIFTY Free Float Midcap 100 7.1 4.4 29.0 2017. As against ~Rs. 309,030 crs of average liquidity absorbed by RBI during
% Change in Indices CY 2016 1M CY2017 YTD the month of June 2017 through various sources (Liquidity Adjustment Facility,
Dow Jones Industrial Average 13.4 2.5 10.8 export refinance, marginal standing facility and term repos/reverse repos),
~Rs.299,653 crs of liquidity was absorbed by RBI during the month of July
NASDAQ 7.5 3.4 17.9
2017. During the month of July 2017, RBI conducted Open Market Operation
FTSE 14.4 0.8 3.2
(OMO) sale of G-secs totaling Rs.20,000 crs. The overnight rate ended at the
DAX 6.9 (1.7) 5.5 same level of 6.25% as against previous month.
CAC 4.9 (0.5) 4.8
Nikkei 0.4 (0.5) 4.2 INR closed at 64.19 versus the USD in July 2017 as against 64.58 in June
2017. The net FII investments in equities & debt were ~US$ 3.73 billion in July
Hang Seng 0.4 6.1 24.2
2017, down from US$ 4.55 billion in June 2017. FII’s have purchased close to
KOSPI 3.3 0.5 18.6 US$ 26.39 billion in Indian debt and equity markets between Jan’17 to July’17
Shanghai (12.3) 2.5 5.5 as compared to ~US$ 4.13 bn during Jan’16 to July’16.
MSCI Emerging Market Index 8.6 5.5 23.7
The annual rate of retail inflation, CPI fell to 1.54% YOY in June 2017,
Key commodities performed well in July with Steel (HRC) up 13% and
lower than 2.2% in May 2017. The drop was largely on account of fall in
Brent crude up 7.5%.
food inflation, which decreased to -1.17% in June 2017 from -0.22% in May
INR appreciated by 0.6% against USD in July and closed at 64.2, INR has 2017. This was largely contributed by fall in prices of pulses which fell from
appreciated by 5.5% in 2017 so far.
-19.45% in May 2017 to -21.92% in June 2017. Core CPI (excl. food & fuel)
FII’s bought Indian equities worth $0.8bn in July. Net inflows in domestic also declined to 3.75% in June 2017 from 4.14% in May 2017.
equity oriented mutual funds continue to be robust. In Q1FY18 were net inflows
were ~Rs 46,900 crores vs ~Rs 93,500 in FY17. In the credit policy review of Aug’17, the Monetary Policy Committee
GST got implemented during the month without significant glitches. June (MPC) voted in favour of a 25 bp cut in repo rate to 6.0% from 6.25%. The
CPI came in at a record low of 1.54%. Amongst the results declared so far major factors that provided space for a rate cut include: recent low headline CPI
FMCG and IT earnings were below expectations, Pharma results were mixed, inflation, the moderation in core inflation over the last three months, smooth
while banks and Industrials delivered results upto or better than expectations. implementation of GST and normal monsoons.
Monsoons have progressed well with cumulative rainfall for country as a whole
is 5% above long period average upto July 26, 2017.
One interesting development in recent years has been falling share of OPEC Conclusion & Outlook
and rising share of US shale oil in global oil production. This is supportive of
stable crude prices in medium term which is good for oil importing countries As highlighted by us recently (in Credit Policy Review: June ’17) the
like India: moderating path of inflation should create some space for easing, the MPC
announced a 25 bp cut in repo rate. More importantly, even though headline
OPEC vs US market share (%) in Oil production inflation (excluding HRA impact) is expected to rise from current lows, it is
37 11 projected at little over 4% for Q4 of FY18 by the RBI. Further, RBI commented
36 OPEC - LHS US - RHS 10 that it is comfortable with a real rate of over 175bp.
9 In summary, with benign inflation outlook, steady INR, ample liquidity
35
8 and fairly stable international commodity prices, there is room for some more
34 downside in yields in our view.
7
33
6
32 5
31 4
06 07 08 09 10 11 12 13 14 15 16 17
Data for the period: June 2006 to May 2017
Source for various data points: RBI Website, Bloomberg, Reuters and HDFC AMC Research.
Intouch mutually July 2017 3

CONTENTS
Page No. Page No.
Wealth Creation Solutions Regular Income Solutions
Actively Managed Funds Hdfc MF Monthly Income Plan - Short Term Plan................................. 33
Hdfc Growth Fund............................................................................... 5 Hdfc MF Monthly Income Plan - Long Term Plan.................................. 34
Hdfc Equity Fund................................................................................. 6 Hdfc Multiple Yield Fund - Plan 2005.................................................. 35
Hdfc Top 200 Fund.............................................................................. 7
Hdfc Capital Builder Fund.................................................................... 8 Savings Solutions
Hdfc Core & Satellite Fund................................................................... 9
Hdfc Arbitrage Fund............................................................................ 19-20
Hdfc Premier Multi-Cap Fund............................................................... 10
Hdfc Income Fund............................................................................... 36
Hdfc Large Cap Fund........................................................................... 11
Hdfc High Interest Fund - Dynamic Plan............................................... 37
Hdfc Mid-Cap Opportunities Fund....................................................... 12
Hdfc Small Cap Fund........................................................................... 13 Hdfc High Interest Fund - Short Term Plan........................................... 38
Hdfc Infrastructure Fund...................................................................... 14 Hdfc Regular Savings Fund.................................................................. 39

Hdfc Balanced Fund............................................................................. 15-16 Hdfc Short Term Opportunities Fund.................................................... 40
Hdfc Prudence Fund............................................................................ 18-19 Hdfc Medium Term Opportunities Fund............................................... 41
Hdfc Equity Savings Fund.................................................................... 16-17 Hdfc Gilt Fund - Short Term Plan.......................................................... 42
Hdfc Gilt Fund - Long Term Plan.......................................................... 43
Passively Managed Funds Hdfc Floating Rate Income Fund - Short Term Plan............................... 44
Hdfc Index Fund - Sensex Plan........................................................... 21 Hdfc Floating Rate Income Fund - Long Term Plan............................... 45
Hdfc Index Fund - Nifty Plan.............................................................. 22 Hdfc Liquid Fund................................................................................. 46
Hdfc Index Fund - Sensex Plus Plan.................................................... 23 Hdfc Cash Management Fund - Savings Plan....................................... 47
Hdfc Sensex Etf................................................................................. 24
Hdfc Cash Management Fund - Treasury Advantage Plan.................... 48
Hdfc Nifty Etf.................................................................................... 25
Hdfc Corporate Debt Opportunities Fund............................................. 49
Hdfc Banking and Psu Debt Fund........................................................ 50
Tax Savings Solutions
Hdfc Long Term Advantage Fund......................................................... 26
Hdfc Taxsaver...................................................................................... 27 Performance details of schemes
managed by respective fund managers .................................... 51
Goal Oriented Solutions Scheme performance summary - Regular Plans ........................ 52-58
Hdfc Children’s Gift Fund - Investment Plan......................................... 28

Scheme performance summary - Direct Plans ........................... 59-69
Hdfc Children’s Gift Fund - Savings Plan.............................................. 29 Performance of Category I - FPI Portfolio .................................. 69
Hdfc Retirement Savings Fund - Equity Plan......................................... 30 Dividend History ...................................................................... 70-72
Hdfc Retirement Savings Fund - Hybrid Equity Plan............................. 31 Disclaimer ................................................................................ 72
Hdfc Retirement Savings Fund - Hybrid Debt Plan................................ 32
Our range of offerings

Wealth Creation These schemes aim to increase your wealth over the long term by investing predominantly in equity instruments and it is suitable for
Solutions investors with high risk appetite and relatively higher investment horizon.
Tax Savings These schemes are eligible to provide tax deduction under Sec 80C and also aim to increase your wealth over the long term. This is an
Solutions ideal solution for investors who would like to create wealth and save tax.
Goal Oriented These schemes aim to help you achieve your specific financial goals. It is ideal for investors planning for their retirement, future expenses
Solutions like higher education of children, etc. Investors can choose from aggressive to conservative options based on their risk profile and time
horizon.
Regular Income These schemes aim to provide you with regular income. It is ideal for investors with medium risk appetite who wish to receive regular
Solutions cash flows to meet specific needs like post retirement expenses, EMI, etc. at a fixed time horizon, e.g. monthly, quarterly, etc. These
schemes have relatively lower equity exposure.
Savings Solutions These schemes aim to preserve your capital and provide you with ready liquidity by investing in debt and money market instruments. It
is suitable for investors with low to medium risk appetite across time horizons (Short, Medium and Long term)
Disclaimer: Investors are requested to note that the above investment solution(s) should not be construed as financial planning solution/recommendation by the Fund/
AMC. It does not in any manner, indicate or imply either the quality of any particular Scheme or guarantee any specific performance/returns. Such solutions must be tailored
to investor’s individual situation and objectives and therefore, investors should consult their financial advisors to ascertain whether the product is suitable for them.

HDFC Growth Fund (An open-ended growth scheme)
investment objective Portfolio
To generate long term capital appreciation from a portfolio Company Industry+ % to NAV Company Industry+ % to NAV
that is invested predominantly in equity and equity related Equity & Equity Related Mahindra & Mahindra Ltd. Auto 0.76
instruments.
• HDFC Bank Ltd. Banks 9.97 Sun Pharmaceuticals
Fund Manager ¥ Industries Ltd. Pharmaceuticals 0.57
• State Bank of India Banks 8.37
Srinivas Rao Ravuri (since April 3, 06) Jaiprakash Power Ventures Ltd. Power 0.50
• ICICI Bank Ltd. Banks 6.68
Total Experience: Over 22 years C & C Constructions Ltd. Construction 0.48
• ITC Ltd. Consumer Non Durables 6.22
Inception Date (Date of Allotment) Pennar Engineered Bldg
• Larsen & Toubro Ltd. Construction Project 5.45 Systems Ltd Ferrous Metals 0.29
September 11, 2000 • Infosys Ltd. Software 5.24 KSK Energy Ventures Ltd. Power 0.12
NAV (as on July 31, 2017) NAV per Unit (`) • Reliance Industries Ltd. Petroleum Products 4.36 Sub Total 97.33
Regular Plan - Growth Option 175.778 • Housing Development
Finance Corporation Ltd.£ Finance 3.83 Preference Shares
Regular Plan - Dividend Option 32.613
Direct Plan - Growth Option 180.122 • Maruti Suzuki India Ltd. Auto 3.38 Vedanta Ltd. Non - Ferrous Metals 0.34
Direct Plan - Dividend Option 33.622 Sub Total 0.34
• Vedanta Ltd. Non - Ferrous Metals 3.25
aSSETS UNDER MANAGEMENT (`) IN CRORE Oil & Natural Gas Corporation Ltd. Oil 2.66 Total 97.67
As on July 31, 2017 1,146.91 Power Grid Corporation of Cash, Cash Equivalents and Net Current Assets 2.33
Average for Month of July, 2017 1,123.28 India Ltd. Power 2.63
Grand Total 100.00
quantitative data Adani Ports and Special
Economic Zone Ltd. Transportation 2.44 • Top Ten Holdings, £ Co-sponsor
Portfolio Turnover Ratio (Last 1 year) 35.98%
GAIL (India) Ltd. Gas 2.38
Risk Ratio
n Standard Deviation 4.277% Axis Bank Ltd. Banks 2.22 Industry Allocation of Equity Holding (% of Net Assets)
n Beta 1.037 Tata Motors Ltd. DVR Auto 2.06
n Sharpe Ratio* 0.147 Banks 28.41
Dilip Buildcon Ltd. Construction 1.92
Software 6.24
Computed for the 3-yr period ended July 31, 2017. Coal India Ltd. Minerals/Mining 1.77
Based on month-end NAV. Consumer Non Durables 6.22
* Risk free rate: 6.25% (Source: FIMMDA MIBOR) Cipla Ltd. Pharmaceuticals 1.74 Auto 6.20
Solar Industries India Ltd. Chemicals 1.72 Power 6.20
Total Expense Ratio (Weighted Average for the month) Construction Project 5.45
Excluding Goods and Service Tax on Management Fees DLF Ltd. Construction 1.60
Construction 4.99
Regular 2.30% Kalpataru Power
Non - Ferrous Metals 4.81
Direct 1.65% Transmission Ltd. Power 1.48
Petroleum Products 4.36
NTPC Ltd. Power 1.47 Finance 3.83
l #BENCHMARK INDEX: S&P BSE SENSEX
Eimco Elecon (India) Ltd. Industrial Capital Goods 1.46 Pharmaceuticals 3.72
l ##addl. BENCHMARK INDEX: NIFTY 50 Index Aurobindo Pharma Ltd. Pharmaceuticals 1.41 Oil 2.66
Tata Steel Ltd. Ferrous Metals 1.24 Transportation 2.44
Exit Load
Gas 2.38
l In respect of each purchase / switch-in of Units, an Exit Tata Communications Ltd. Telecom - Services 1.22
Minerals/Mining 1.77
Load of 1.00% is payable if Units are redeemed / switched- Hindalco Industries Ltd. Non - Ferrous Metals 1.22 Chemicals 1.72
out within 1 year from the date of allotment.
KCP Ltd. Cement 1.22 Ferrous Metals 1.53
l No Exit Load is payable if Units are redeemed / switched- Industrial Capital Goods 1.46
Bank of Baroda Banks 1.17
out after 1 year from the date of allotment. Telecom - Services 1.22
Tata Consultancy Services Ltd. Software 1.00
For further details, please refer to para ‘Exit Load’ on Pg 51. Cement 1.22
JMC Projects (India) Ltd. Construction 0.99 Consumer Durables 0.84
l PlanS & Options HPL Electric and Power Ltd. Consumer Durables 0.84 0 5 10 15 20 25 30
Regular Plan, Direct Plan. Under Each Plan : Growth &
Dividend. The Dividend Option offers Dividend Payout and
Reinvestment facility.
Minimum Application Amount
Purchase : ` 5,000 and any amount thereafter.
Additional Purchase : ` 1,000 and any amount thereafter. SIP Performance^ - Regular Plan - Growth Option
Redemption Proceeds Since Inception 15 year 10 year 5 year 3 year 1 year
SIP SIP SIP SIP SIP SIP
Normally despatched within 3-4 Business Days.
Total Amount Invested (` ‘000) 2,030.00 1,800.00 1,200.00 600.00 360.00 120.00
¥ Dedicated Fund Manager for Overseas Investments: Mkt Value as on July 31, 2017 (` ‘000) 13,347.35 8,317.08 2,506.18 926.60 463.47 138.50
Mr Rakesh Vyas (Total Experience: Over 10 years).
Returns (Annualised) (%) 19.65 18.42 14.10 17.43 17.13 29.93
Benchmark Returns (Annualised) (%) # 14.01 13.51 10.47 12.30 11.43 25.85
Addl. Benchmark Ret. (Annualised) (%) ## 13.94 13.57 11.01 13.26 12.60 26.58
This product is suitable for investors who are seeking ~
Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed
l Capital appreciation over long term. after accounting for the cash flow by using XIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above
investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
l Investment predominantly in equity and equity related
instruments. Performance^ - Regular Plan - Growth Option
Riskometer Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark
(%) (%)# Returns Scheme (`) Benchmark Additional
(%) ## (`)# Benchmark
(`)##
Jul 29, 16 Last 1 Year 22.27 15.82 16.56 12,240 11,591 11,665
Jul 31, 14 Last 3 Years 13.51 7.88 9.27 14,630 12,556 13,051
Jul 31, 12 Last 5 Years 16.22 13.53 14.01 21,215 18,864 19,272
Sep 11, 00 Since Inception 18.49 12.13 12.13 175,778 69,231 69,194
Investors understand that their principal will be at Returns greater than 1 year period are compounded annualized (CAGR). For performance of other schemes managed by Srinivas
Rao Ravuri, please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses
moderately high risk of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular
~ Investors should consult their financial advisers if in doubt Plan. For Performance of Direct Plan, refer page no. 59.
about whether the product is suitable for them. ^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of July 31, 2017 unless otherwise specified.
HDFC Equity Fund (An open-ended growth scheme)
l investment objective Portfolio
To achieve capital appreciation. Company Industry+ % to NAV Company Industry+ % to NAV
Equity & Equity Related Oracle Financial Services
l Fund Manager § ¥ Software Ltd. Software 0.40
• ICICI Bank Ltd. Banks 9.56 Sadbhav Infrastructure
Prashant Jain (since June 19, 03) • State Bank of India Banks 9.40 Project Ltd Construction Project 0.33
Total Experience: Over 26 years • Larsen & Toubro Ltd. Construction Project 7.78 Ramco Systems Ltd. Software 0.29
• Infosys Ltd. Software 6.41 Crompton Greaves
l Inception Date (Date of Allotment) Consumer Elec. Ltd Consumer Durables 0.28
• HDFC Bank Ltd. Banks 5.31
January 1, 1995 Jaiprakash Power Ventures Ltd. Power 0.20
• Maruti Suzuki India Ltd. Auto 4.50 Gammon Infrastructure
NAV (as on July 31, 2017) NAV per Unit (`) • Reliance Industries Ltd. Petroleum Products 4.00 Projects Ltd. Construction Project 0.12
• Tata Steel Ltd. Ferrous Metals 3.09 KSK Energy Ventures Ltd. Power 0.09
Regular Plan - Growth Option 608.029 • Balkrishna Industries Ltd. Auto Ancillaries 3.07 Sub Total 98.26
Regular Plan - Dividend Option 57.088 • CESC Ltd. Power 2.80 Preference Shares
Direct Plan - Growth Option 629.819 Power Grid Corporation of Vedanta Ltd. Non - Ferrous Metals 0.11
Direct Plan - Dividend Option 59.664 India Ltd. Power 2.66 Zee Entertainment
Bank of Baroda Banks 2.39 Enterprises Ltd. Media & Entertainment 0.02
aSSETS UNDER MANAGEMENT (`) IN CRORE Aurobindo Pharma Ltd. Pharmaceuticals 2.21 Sub Total 0.13
As on July 31, 2017 20,350.41 Housing Development
Finance Corporation Ltd.£ Finance 1.87 Total 98.39
Average for Month of July, 2017 19,879.43
Siemens Ltd. Industrial Capital Goods 1.81 Cash, Cash Equivalents and Net Current Assets 1.61
l quantitative data UPL Ltd. Pesticides 1.75
Adani Ports and Special Grand Total 100.00
Portfolio Turnover Ratio (Last 1 year) 24.10% Economic Zone Ltd. Transportation 1.73 • Top Ten Holdings, £ Co-sponsor
Risk Ratio Canara Bank Banks 1.71
n Standard Deviation
Tata Motors Ltd. Auto 1.67
4.784% Avenue Supermarts Ltd. Retailing 1.56
n Beta 1.142 Industry Allocation of Equity Holding (% of Net Assets)
BEML Ltd. Industrial Capital Goods 1.55
n Sharpe Ratio* 0.133 Info Edge (India) Ltd. Software 1.43 Banks 30.15
Crompton Greaves Ltd. Industrial Capital Goods 1.42
Computed for the 3-yr period ended July 31, 2017. Based on Tata Consultancy Services Ltd. Software 1.34 Software 9.87
month-end NAV. * Risk free rate: 6.25% (Source: FIMMDA MIBOR) Vedanta Ltd. Non - Ferrous Metals 1.32 Construction Project 8.74
Prism Cement Ltd. Cement 1.31 Power 7.45
Total Expense Ratio (Weighted Average for the month) Kalpataru Power Auto 7.15
Excluding Goods and Service Tax on Management Fees Transmission Ltd. Power 1.19 Industrial Capital Goods 5.38
Regular: 2.05% Direct: 1.15% Punjab National Bank Banks 1.18 Petroleum Products 4.00
Rural Electrification
Corporation Ltd. Finance 1.08 Ferrous Metals 3.09
l #BENCHMARK INDEX: NIFTY 500 Index Auto Ancillaries 3.07
GAIL (India) Ltd. Gas 1.01
l ##addl. BENCHMARK INDEX: NIFTY 50 Index Tata Motors Ltd. DVR Auto 0.98 Finance 2.95
Simplex Infrastructures Ltd. Construction 0.76 Pharmaceuticals 2.81
l Exit Load Dish TV India Ltd. Media & Entertainment 0.76 Transportation 2.37
Time Technoplast Ltd. Industrial Products 0.75 Cement 2.02
l In respect of each purchase / switch-in of Units, an Exit Load Century Textiles &
of 1.00% is payable if Units are redeemed / switched-out Pesticides 1.75
Industries Ltd. Cement 0.71
within 1 year from the date of allotment. Container Corporation of Retailing 1.56
India Ltd. Transportation 0.64 Non - Ferrous Metals 1.43
l No Exit Load is payable if Units are redeemed / switched-out Tata Chemicals Ltd. Chemicals 0.61 Media And Entertainment 1.19
after 1 year from the date of allotment. Praj Industries Limited Industrial Capital Goods 0.60 Gas 1.01
For further details, please refer to para ‘Exit Load’ on Pg 51. Oriental Bank of Commerce Banks 0.60 Construction 0.76
Cipla Ltd. Pharmaceuticals 0.60 Industrial Products 0.75
l PlanS & Options Hindustan Construction
Company Ltd. Construction Project 0.51 Chemicals 0.61
Regular Plan, Direct Plan. Under Each Plan : Growth & NTPC Ltd. Power 0.51 Consumer Durables 0.28
Dividend. The Dividend Option offers Dividend Payout and Siti Network Ltd. Media & Entertainment 0.41 0 5 10 15 20 25 30 35
l Minimum Application Amount
Additional Purchase : ` 1,000 and any amount thereafter.
SIP Performance^ - Regular Plan - Growth Option
l Redemption Proceeds
Since Inception 15 year 10 year 5 year 3 year 1 year
Normally despatched within 3-4 Business Days. SIP SIP SIP SIP SIP SIP
§ Date of migration from Zurich India Mutual Fund (Close of business Total Amount Invested (` ‘000) 2,710.00 1,800.00 1,200.00 600.00 360.00 120.00
hours - June 19, 03. ¥ Dedicated Fund Manager for Overseas Mkt Value as on July 31, 2017 (` ‘000) 65,996.29 10,070.26 2,836.11 970.37 465.03 140.23
Investments: Mr Rakesh Vyas (Total Experience: Over 10 years). Returns (Annualised) (%) 23.40 20.59 16.40 19.32 17.37 32.85
This product is suitable for investors who are seeking ~ Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed
after accounting for the cash flow by using XIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above
l Capital appreciation over long term. investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
l Investmentpredominantly in equity and equity related
instruments of medium to large sized companies. Performance^ - Regular Plan - Growth Option
(`)##
Jul 29, 16 Last 1 Year 25.23 19.84 16.56 12,538 11,996 11,665
Jul 31, 14 Last 3 Years 13.32 12.38 9.27 14,557 14,195 13,051
Jul 31, 12 Last 5 Years 18.96 16.33 14.01 23,832 21,310 19,272
Jan 01, 95 Since Inception 19.94 10.10 N.A. 608,029 87,933 N.A.
Investors understand that their principal will be at Returns greater than 1 year period are compounded annualized (CAGR). N.A. Not Available. For performance of other schemes managed
by Prashant Jain, please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses
moderately high risk of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For
~ Investors should consult their financial advisers if in doubt Performance of Direct Plan, refer page no. 59.
HDFC Top 200 Fund (An open-ended growth scheme)
To generate long term capital appreciation from a portfolio Company Industry+ % to NAV Company Industry+ % to NAV
of equity and equity linked instruments. The investment Equity & Equity Related Steel Authority of India Ltd. Ferrous Metals 0.45
portfolio for equity and equity linked instruments will be • HDFC Bank Ltd. Banks 8.27 Divi's Laboratories Ltd. Pharmaceuticals 0.44
primarily drawn from the companies in the BSE 200 Index. • ICICI Bank Ltd. Banks 6.48 Tata Chemicals Ltd. Chemicals 0.43
Further, the Scheme may also invest in listed companies that • State Bank of India Banks 6.19 Hindustan Petroleum
would qualify to be in the top 200 by market capitalisation • Larsen & Toubro Ltd. Construction Project 6.16 Corporation Ltd. Petroleum Products 0.42
on the BSE even though they may not be listed on the BSE. • Infosys Ltd. Software 5.08 Info Edge (India) Ltd. Software 0.41
This includes participation in large IPOs where in the market • Reliance Industries Ltd. Petroleum Products 4.81 Tata Communications Ltd. Telecom - Services 0.41
capitalisation of the company based on issue price would • Housing Development Bharat Petroleum Corporation Ltd. Petroleum Products 0.37
make the company a part of the top 200 companies listed Finance Corporation Ltd.£ Finance 3.59 Federal Bank Ltd. Banks 0.31
on the BSE based on market capitalisation. • ITC Ltd. Consumer Non Durables 3.16 Bharat Electronics Ltd. Industrial Capital Goods 0.24
• Maruti Suzuki India Ltd. Auto 2.89 Container Corporation of
l Fund Manager § ¥ • Tata Consultancy Services Ltd. Software 2.42 India Ltd. Transportation 0.15
Prashant Jain (since June 19, 03) Tata Steel Ltd. Ferrous Metals 2.22 NHPC Ltd. Power 0.11
Total Experience: Over 26 years Power Grid Corporation of Sub Total 98.78
India Ltd. Power 2.22 Preference Shares
l Inception Date (Date of Allotment) Tata Motors Ltd. Auto 2.05
Aurobindo Pharma Ltd. Pharmaceuticals 1.88 Vedanta Ltd. Non - Ferrous Metals 0.15
October 11, 1996
Axis Bank Ltd. Banks 1.84 Zee Entertainment
NAV (as on July 31, 2017) NAV per Unit (`) Adani Ports and Special Enterprises Ltd. Media & Entertainment 0.02
Regular Plan - Growth Option 443.760 Economic Zone Ltd. Transportation 1.75 Sub Total 0.17
Regular Plan - Dividend Option 55.218 CESC Ltd. Power 1.73 Total 98.95
Direct Plan - Growth Option 456.895 Canara Bank Banks 1.57 Cash, Cash Equivalents and Net Current Assets 1.05
Direct Plan - Dividend Option 57.243 Bank of Baroda Banks 1.54
ABB India Ltd. Industrial Capital Grand Total 100.00
aSSETS UNDER MANAGEMENT (`) IN CRORE Goods 1.44 • Top Ten Holdings, £ Co-sponsor
As on July 31, 2017 15,360.67 Kotak Mahindra Bank Ltd. Banks 1.42
Average for Month of July, 2017 14,942.87 Indusind Bank Ltd. Banks 1.42
Sun Pharmaceuticals Industries Ltd. Pharmaceuticals 1.36 Industry Allocation of Equity Holding (% of Net Assets)
l quantitative data NTPC Ltd. Power 1.35
UPL Ltd. Pesticides 1.34 Banks 33.42
Portfolio Turnover Ratio (Last 1 year) 30.60% Bank of India Banks 1.27 Software 10.70
Risk Ratio Vedanta Ltd. Non - Ferrous Metals 1.26
n Standard Deviation 4.570% Auto 6.43
Siemens Ltd. Industrial Capital Goods 1.22
n Beta 1.116 GAIL (India) Ltd. Gas 1.16 Construction Project 6.16
n Sharpe Ratio* 0.131 Petroleum Products
Avenue Supermarts Ltd. RETAILING 1.15 5.60
Computed for the 3-yr period ended July 31, 2017. Based on Yes Bank Ltd. Banks 1.13 Power 5.41
month-end NAV. * Risk free rate: 6.25% (Source: FIMMDA MIBOR) Punjab National Bank Banks 0.99 Finance 5.30
Total Expense Ratio (Weighted Average for the month) Union Bank of India Banks 0.99
Cipla Ltd. Pharmaceuticals 0.93 Pharmaceuticals 4.61
Excluding Goods and Service Tax on Management Fees
Century Textiles & Industries Ltd. Cement 0.93 Consumer Non Durables 3.16
Regular: 2.10% Direct: 1.35% Mahindra & Mahindra Ltd. Auto 0.91 Industrial Capital Goods 2.90
l #BENCHMARK INDEX: S&P BSE 200 Power Finance Corporation Ltd. Finance 0.91 Ferrous Metals 2.67
HCL Technologies Ltd. Software 0.89 Non - Ferrous Metals 1.95
l ##addl. BENCHMARK INDEX: S&P BSE SENSEX Oil & Natural Gas Corporation Ltd. Oil 0.85
Rural Electrification Transportation 1.90
l Exit Load Corporation Ltd. Finance 0.80 Cement 1.69
l In respect of each purchase / switch-in of Units, an Exit Ambuja Cements Ltd. Cement 0.76 Pesticides 1.34
Load of 1.00% is payable if Units are redeemed / switched- Oracle Financial Services Gas 1.16
out within 1 year from the date of allotment. Software Ltd. Software 0.68 Retailing 1.15
Wipro Ltd. Software 0.65
l No Exit Load is payable if Units are redeemed / switched- Media And Entertainment 1.13
out after 1 year from the date of allotment. Zee Entertainment Enterprises Ltd. Media & Entertainment 0.59
Tata Motors Ltd. DVR Auto 0.58 Telecom - Services 0.99
For further details, please refer to para ‘Exit Load’ on Pg 51. Bharti Airtel Ltd. Telecom - Services 0.58 Oil 0.85
l PlanS & Options Tech Mahindra Ltd. Software 0.57 Chemicals 0.43
Hindalco Industries Ltd. Non - Ferrous Metals 0.54
Regular Plan, Direct Plan. Under Each Plan : Growth & Dish TV India Ltd. Media & Entertainment 0.52 0 5 10 15 20 25 30 35 40
l Redemption Proceeds Since Inception 15 year 10 year 5 year 3 year 1 year
Normally despatched within 3-4 Business Days. SIP SIP SIP SIP SIP SIP
§ Date of migration from Zurich India Mutual Fund (Close of Total Amount Invested (` ‘000) 2,500.00 1,800.00 1,200.00 600.00 360.00 120.00
business hours - June 19, 03 Mkt Value as on July 31, 2017 (` ‘000) $$ 34,447.46 9,579.15 2,655.81 938.15 462.35 139.23
¥ Dedicated Fund Manager for Overseas Investments: Returns (Annualised) (%) $$ 21.31 20.02 15.18 17.93 16.96 31.15
Mr Rakesh Vyas (Total Experience: Over 10 years).
l Investment in equity and equity linked instruments including
equity derivatives primarily drawn from the companies in the Performance^ - Regular Plan - Growth Option
S&P BSE 200 Index. Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Riskometer Returns Returns Benchmark
(%) $$ (%)# Returns Scheme (`) Benchmark Additional
(%) ## $$ (`)# Benchmark
(`)##
Jul 29, 16 Last 1 Year 23.63 18.56 15.82 12,377 11,867 11,591
Jul 31, 14 Last 3 Years 12.91 11.68 7.88 14,398 13,933 12,556
Jul 31, 12 Last 5 Years 17.63 15.68 13.53 22,535 20,722 18,864
Oct 11, 96 Since Inception 21.13 13.51 11.85 541,080 139,739 102,878
Returns greater than 1 year period are compounded annualized (CAGR). $$ All dividends declared prior to the splitting of the Scheme into
Dividend & Growth Options are assumed to be reinvested in the units of the Scheme at the then prevailing NAV (ex-dividend NAV). For
Investors understand that their principal will be at performance of other schemes managed by Prashant Jain, please refer page 51. Different plans viz. Regular Plan and Direct Plan have a
moderately high risk different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses /
~ Investors should consult their financial advisers if in doubt commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 59.
HDFC Capital Builder Fund (An open-ended growth scheme)
This is a simple and performing scheme which is eligible for Portfolio
distribution by new cadre of distributors. Company Industry+ % to NAV Company Industry+ % to NAV
l investment objective Equity & Equity Related Network 18 Media &
Investments Ltd Media & Entertainment 0.66
To achieve capital appreciation in the long term. • HDFC Bank Ltd. Banks 8.14 Crompton Greaves
• Axis Bank Ltd. Banks 4.21 Consumer Elec. Ltd Consumer Durables 0.57
l Fund Manager ¥ • ICICI Bank Ltd. Banks 3.86 Bharti Infratel Ltd. Telecom - Equipment &
Miten Lathia (since Mar 20, 17) • Reliance Industries Ltd. Petroleum Products 3.75 Accessories 0.48
Total Experience: Over 17 years • State Bank of India Banks 3.63
• Vedanta Ltd. Non - Ferrous Metals 3.24 Federal Bank Ltd. Banks 0.47
(The scheme was co-managed by Chirag Setalvad & Miten Gujarat Pipavav Port Ltd. Transportation 0.43
Lathia till March 19, 17) • GAIL (India) Ltd. Gas 3.17
• Cipla Ltd. Pharmaceuticals 3.15 OnMobile Global Limited Telecom - Services 0.26
• Larsen & Toubro Ltd. Construction Project 3.12 Indoco Remedies Ltd. Pharmaceuticals 0.11
l Inception Date (Date of Allotment)
• Infosys Ltd. Software 2.93 KSK Energy Ventures Ltd. Power 0.05
February 1, 1994 Tata Motors Ltd. Auto 2.32 Tata Communications Ltd. Telecom - Services 0.05
Kotak Mahindra Bank Ltd. Banks 2.29 Sub Total 94.05
NAV (as on July 31, 2017) NAV per Unit (`) VIP Industries Ltd. Consumer Durables 2.11
Regular Plan - Growth Option 267.088 Yes Bank Ltd. Banks 2.10 Preference Shares
Regular Plan - Dividend Option 29.126 Aurobindo Pharma Ltd. Pharmaceuticals 2.06 Vedanta Ltd. Non - Ferrous Metals 0.21
Direct Plan - Growth Option 276.231 Indusind Bank Ltd. Banks 2.05 Sub Total 0.21
Direct Plan - Dividend Option 30.425 Dilip Buildcon Ltd. Construction 2.00
Dabur India Ltd. Consumer Non Durables 1.99 Total 94.26
aSSETS UNDER MANAGEMENT (`) IN CRORE Tata Steel Ltd. Ferrous Metals 1.97 Cash, Cash Equivalents and Net Current Assets 5.74
Oracle Financial Services
As on July 31, 2017 1,722.94 Software Ltd. Software 1.92 Grand Total 100.00
Average for Month of July, 2017 1,668.02 Solar Industries India Ltd. Chemicals 1.83 • Top Ten Holdings, £ Co-sponsor
l quantitative data Adani Ports and Special
Economic Zone Ltd. Transportation 1.82
Portfolio Turnover Ratio (Last 1 year) 40.13% NHPC Ltd. Power 1.75 Industry Allocation of Equity Holding (% of Net Assets)
Risk Ratio Wipro Ltd. Software 1.68
n Standard Deviation TV18 Broadcast Limited Media & Entertainment 1.63 Banks 28.20
4.501%
n Beta Bank of Baroda Banks 1.45 Software 7.38
1.045 Pharmaceuticals
n Sharpe Ratio*
J.Kumar Infraprojects Ltd. Construction 1.33 7.01
0.192 Construction Project 6.09
Voltas Ltd. Construction Project 1.30
Computed for the 3-yr period ended July 31, 2017. Based on Housing Development Finance Petroleum Products 4.58
month-end NAV. * Risk free rate: 6.25% (Source: FIMMDA MIBOR) Corporation Ltd.£ Finance 1.30 Construction 4.34
Mahindra & Mahindra Ltd. Auto 1.22 Consumer Durables 3.86
Total Expense Ratio (Weighted Average for the month) Blue Star Ltd. Consumer Durables 1.18 Auto 3.54
Excluding Goods and Service Tax on Management Fees Bajaj Corp Ltd. Consumer Non Durables 1.08 Non - Ferrous Metals 3.45
Regular: 2.40% Direct: 1.33% Dish TV India Ltd. Media & Entertainment 1.06 Media And Entertainment 3.35
Sundram Fasteners Ltd. Auto Ancillaries 1.03 Gas 3.17
l #BENCHMARK INDEX: NIFTY 500 Index Trent Ltd. Retailing 1.02 Consumer Non Durables 3.07
PNC Infratech Ltd. Construction 1.01 Transportation 2.25
l ##addl. BENCHMARK INDEX: NIFTY 50 Index Wonderla Holidays Ltd. Hotels, Resorts & Other Ferrous Metals 1.97
Recreational Activities 1.00 Hotels, Resorts & Other Recreational Activities 1.96
l Exit Load IPCA Laboratories Ltd. Pharmaceuticals 0.97 Chemicals 1.83
l In respect of each purchase / switch-in of Units, an Exit Delta Corp Ltd. Hotels, Resorts & Other Power 1.80
Recreational Activities 0.96 Finance 1.30
Load of 1.00% is payable if Units are redeemed / switched-
Sadbhav Infrastructure Project Ltd Construction Project 0.91 Auto Ancillaries 1.03
out within 1 year from the date of allotment. Retailing 1.02
Info Edge (India) Ltd. Software 0.85
l No Exit Load is payable if Units are redeemed / switched- Bharat Petroleum Corporation Ltd. Petroleum Products 0.83 Industrial Products 0.80
out after 1 year from the date of allotment. Fag Bearings India Ltd. Industrial Products 0.80 Cement 0.76
For further details, please refer to para ‘Exit Load’ on Pg 51. Ashoka Buildcon Ltd. Construction Project 0.76 Industrial Capital Goods 0.71
Ambuja Cements Ltd. Cement 0.76 Telecom - Equipment & Accessories 0.48
l PlanS & Options Wockhardt Ltd. Pharmaceuticals 0.72 Telecom - Services 0.31
Regular Plan, Direct Plan. Under Each Plan : Growth & Titagarh Wagons Ltd. Industrial Capital Goods 0.71 0 5 10 15 20 25 30
l Redemption Proceeds SIP SIP SIP SIP SIP SIP
Normally despatched within 3-4 Business Days. Total Amount Invested (` ‘000) 2,820.00 1,800.00 1,200.00 600.00 360.00 120.00
¥ Dedicated Fund Manager for Overseas Investments: Mkt Value as on July 31, 2017 (` ‘000) 39,660.00 9,641.55 2,941.97 997.81 466.00 137.96
Mr Rakesh Vyas (Total Experience: Over 10 years). Returns (Annualised) (%) 18.82 20.10 17.08 20.47 17.51 29.02
This product is suitable for investors who are seeking ~ Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are
l Capital appreciation over long term. computed after accounting for the cash flow by using XIRR method (investment internal rate of return). The above investment
simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
instruments of strong companies. Performance^ - Regular Plan - Growth Option
(`)##
Jul 29, 16 Last 1 Year 22.74 19.84 16.56 12,288 11,996 11,665
Jul 31, 14 Last 3 Years 16.57 12.38 9.27 15,846 14,195 13,051
Jul 31, 12 Last 5 Years 20.63 16.33 14.01 25,555 21,310 19,272
Feb 01, 94 Since Inception 15.00 9.40 9.36 267,088 82,736 81,932
Investors understand that their principal will be at Returns greater than 1 year period are compounded annualized (CAGR). For performance of other schemes managed by Miten Lathia,
please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan
moderately high risk under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of
~ Investors should consult their financial advisers if in doubt Direct Plan, refer page no. 68.
HDFC Core & Satellite Fund (An open-ended growth scheme)
To generate capital appreciation through equity investment Company Industry+ / Rating % to Company Industry+ / Rating % to
in companies whose shares are quoting at prices below NAV NAV
their true value.
Equity & Equity Related Centum Electronics Ltd. Industrial Capital Goods 1.48
l Fund Manager ¥
Vinay Kulkarni (since November 21, 06) • HDFC Bank Ltd. Banks 9.09 Network 18 Media &
Total Experience: Over 27 years Investments Ltd Media & Entertainment 1.44
• Larsen & Toubro Ltd. Construction Project 7.13 Sub Total 97.20
September 17, 2004 • Bharat Petroleum Debt & Debt Related
Corporation Ltd. Petroleum Products 6.09
NAV (as on July 31, 2017) NAV per Unit (`) Credit Exposure
Regular Plan - Growth Option 78.465
Regular Plan - Dividend Option 20.996 Au Small Finance Bank Ltd. FITCH - A+ 0.62
• Maruti Suzuki India Ltd. Auto 5.30
Direct Plan - Growth Option 81.406 Sub Total 0.62
Direct Plan - Dividend Option 22.234 • Cipla Ltd. Pharmaceuticals 5.21
Total 97.82
aSSETS UNDER MANAGEMENT (`) IN CRORE • State Bank of India Banks 4.75
As on July 31, 2017 657.93 Cash, Cash Equivalents and Net Current Assets 2.18
Average for Month of July, 2017 645.40 • Teamlease Services Ltd. Commercial Services 4.62
Grand Total 100.00
l quantitative data • Tata Motors Ltd. DVR Auto 4.39
• Top Ten Holdings
Portfolio Turnover Ratio (Last 1 year) 18.74% • BEML Ltd. Industrial Capital Goods 4.38
Risk Ratio Industry Allocation of Equity Holding (% of Net Assets)
n Standard Deviation 5.072% NHPC Ltd. Power 4.31
n Beta 1.138
CESC Ltd. Power 4.30 Banks 19.58
n Sharpe Ratio* 0.133
Industrial Capital Goods 15.49
Computed for the 3-yr period ended July 31, 2017. Based on Bharat Electronics Ltd. Industrial Capital Goods 3.92
month-end NAV. * Risk free rate: 6.25% (Source: FIMMDA MIBOR) Construction Project 10.92
KEC International Ltd. Construction Project 3.79 Power
Total Expense Ratio (Weighted Average for the month) 10.68
Excluding Goods and Service Tax on Management Fees Infosys Ltd. Software 3.58 Auto 9.69
Regular: 2.56% Direct: 1.44% Petroleum Products 6.09
Titagarh Wagons Ltd. Industrial Capital Goods 3.26
l #BENCHMARK INDEX: S&P BSE 200 Pharmaceuticals 5.21
Elecon Engineering Co. Ltd. Industrial Capital Goods 2.45
l ##addl. BENCHMARK INDEX: S&P BSE Sensex Commercial Services 4.62
Dynamatic Technologies Ltd. Auto Ancillaries 2.38
Software 3.58
l Exit Load
Thyrocare Technologies Ltd. Healthcare Services 2.19 Auto Ancillaries 2.38
l In respect of each purchase / switch-in of Units, an Exit
Load of 1.00% is payable if Units are redeemed / switched- Kalpataru Power Healthcare Services 2.19
out within 1 year from the date of allotment. Transmission Ltd. Power 2.07
Finance 2.02
l No Exit Load is payable if Units are redeemed / switched-
out after 1 year from the date of allotment. BSE Limited Finance 2.02 Transportation 1.73
For further details, please refer to para ‘Exit Load’ on Pg 51. Transport Corporation of Construction 1.58
India Ltd. Transportation 1.73 Media And Entertainment 1.44
l PlanS & Options
Regular Plan, Direct Plan. Under Each Plan : Growth & PNC Infratech Ltd. Construction 1.58 0 5 10 15 20 25
Since Inception 10 year 5 year 3 year 1 year
l Redemption Proceeds SIP SIP SIP SIP SIP
Normally despatched within 3-4 Business Days. Total Amount Invested (` ‘000) 1,550.00 1,200.00 600.00 360.00 120.00
¥ Dedicated Fund Manager for Overseas Investments: Mkt Value as on July 31, 2017 (` ‘000) 4,180.66 2,566.63 965.03 461.89 138.48
Mr Rakesh Vyas (Total Experience: Over 10 years). Returns (Annualised) (%) 14.33 14.54 19.09 16.89 29.89
Benchmark Returns (Annualised) (%) # 12.28 12.11 15.39 14.59 27.56
Addl. Benchmark Ret. (Annualised) (%) ## 11.22 10.47 12.30 11.43 25.85
l Investment primarily in equity and equity related instruments
of companies whose shares are quoting at prices below their
true value. Performance^ - Regular Plan - Growth Option
(`)##
Jul 29, 16 Last 1 Year 22.64 18.56 15.82 12,277 11,867 11,591
Jul 31, 14 Last 3 Years 13.62 11.68 7.88 14,672 13,933 12,556
Jul 31, 12 Last 5 Years 17.95 15.68 13.53 22,837 20,722 18,864
Returns greater than 1 year period are compounded annualized (CAGR). For performance of other schemes managed by Vinay Kulkarni,
Investors understand that their principal will be at please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan
HDFC Premier Multi-cap Fund (An open-ended growth scheme)
To generate capital appreciation in the long term through Company Industry+ % to Company Industry+ % to
equity investments by investing in a diversified portfolio of NAV NAV
Mid Cap and Large Cap ‘blue chip’ companies.
l Fund Manager ¥ Equity & Equity Related The Indian Hotels Hotels, Resorts & Other
Company Ltd. Recreational Activities 1.66
Vinay Kulkarni (since November 21, 06)
Total Experience: Over 27 years • State Bank of India Banks 9.46
Siemens Ltd. Industrial Capital Goods 1.35
l Inception Date (Date of Allotment) • HDFC Bank Ltd. Banks 8.87
Dilip Buildcon Ltd. Construction 1.24
April 6, 2005
NAV (as on July 31, 2017) NAV per Unit (`) Astra Microwave Products Ltd. Telecom - Equipment
• Maruti Suzuki India Ltd. Auto 4.79 & Accessories 0.99
Regular Plan - Dividend Option 14.899 Tamil Nadu Newsprint &
Direct Plan - Growth Option 55.433 • Tata Motors Ltd. DVR Auto 4.78
Papers Ltd. Paper 0.57
Direct Plan - Dividend Option 15.413
• Infosys Ltd. Software 4.68
aSSETS UNDER MANAGEMENT (`) IN CRORE Total 98.55
As on July 31, 2017 323.85 • Tata Steel Ltd. Ferrous Metals 4.57
Cash, Cash Equivalents and Net Current Assets 1.45
Average for Month of July, 2017 315.24
• Punjab National Bank Banks 4.51
l quantitative data Grand Total 100.00
Portfolio Turnover Ratio (Last 1 year) 18.61% • KEC International Ltd. Construction Project 4.50 • Top Ten Holdings, £ Co-sponsor
Risk Ratio
n Standard Deviation 5.231% • Bharat Petroleum
n Beta 1.205 Corporation Ltd. Petroleum Products 4.38 Industry Allocation of Equity Holding (% of Net Assets)
Housing Development Finance
Computed for the 3-yr period ended July 31, 2017. Based on Corporation Ltd.£ Finance 4.14 Banks 37.32
month-end NAV. * Risk free rate: 6.25% (Source: FIMMDA MIBOR)
Construction Project 12.15
Total Expense Ratio (Weighted Average for the month) Bharat Electronics Ltd. Industrial Capital Goods 4.14
Auto 9.57
Larsen & Toubro Ltd. Construction Project 3.98 Industrial Capital Goods 9.07
Regular: 2.68% Direct: 2.08%
Hindustan Construction Software 4.68
l #BENCHMARK INDEX: NIFTY 500 Index
Company Ltd. Construction Project 3.67 Ferrous Metals 4.57
l ##addl. BENCHMARK INDEX: NIFTY 50 Index
Crompton Greaves Petroleum Products 4.38
l Exit Load Consumer Elec. Ltd Consumer Durables 3.63
Finance 4.14
Load of 1.00% is payable if Units are redeemed / switched- Bank of Baroda Banks 3.51 Consumer Durables 3.63
out within 1 year from the date of allotment.
Axis Bank Ltd. Banks 3.21 Power 2.50
out after 1 year from the date of allotment. Pharmaceuticals 2.08
For further details, please refer to para ‘Exit Load’ on Pg 51. Kalpataru Power
Transmission Ltd. Power 2.50 Hotels, Resorts & Other Recreational Activities 1.66
l PlanS & Options Construction 1.24
Cipla Ltd. Pharmaceuticals 2.08
Telecom - Equipment & Accessories 0.99
Reinvestment facility. Titagarh Wagons Ltd. Industrial Capital Goods 1.91
Paper 0.57
l Minimum Application Amount Crompton Greaves Ltd. Industrial Capital Goods 1.67 0 5 10 15 20 25 30 35 40
l Segment-wise break-up
of equity holding (% of net assets) Since Inception 10 year 5 year 3 year 1 year
SIP SIP SIP SIP SIP
Large Cap 46.89%
Mid Cap 51.65% Total Amount Invested (` ‘000) 1,480.00 1,200.00 600.00 360.00 120.00
¥ Dedicated Fund Manager for Overseas Investments: Mkt Value as on July 31, 2017 (` ‘000) 3,446.90 2,410.88 922.79 449.04 137.93
instruments of Mid Cap and Large Cap ‘blue chip’ companies. Performance^ - Regular Plan - Growth Option
(%) ## (`)#Benchmark
(`)##
Jul 29, 16 Last 1 Year 22.72 19.84 16.56 12,286 11,996 11,665
Jul 31, 14 Last 3 Years 11.76 12.38 9.27 13,963 14,195 13,051
Jul 31, 12 Last 5 Years 16.07 16.33 14.01 21,074 21,310 19,272
Apr 06, 05 Since Inception 14.66 13.70 13.70 53,973 48,662 48,698
Investors understand that their principal will be at Returns greater than 1 year period are compounded annualized (CAGR). For performance of other schemes managed by Vinay Kulkarni,
moderately high risk please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan
under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of
HDFC Large Cap Fund (An open-ended equity scheme)
To provide long-term capital appreciation by investing Company Industry+ % to Company Industry+ % to
predominantly in large cap companies. NAV NAV
l Fund Manager § ¥
Vinay Kulkarni (since June 27, 14) Equity & Equity Related NTPC Ltd. Power 0.63
Total Experience: Over 27 years
• ICICI Bank Ltd. Banks 9.64 Indian Oil Corporation Ltd. Petroleum Products 0.54
February 18, 1994 • HDFC Bank Ltd. Banks 9.52 Sub Total 93.88
NAV (as on July 31, 2017) NAV per Unit (`) • State Bank of India Banks 9.51 Foreign Securities and / or overseas ETF(s)
Regular Plan - Dividend Option 22.679 • Reliance Industries Ltd. Petroleum Products 9.04 Cognizant Technology
Direct Plan - Growth Option 108.960 Solutions Corp Software 3.08
Direct Plan - Dividend Option 25.589 • Larsen & Toubro Ltd. Construction Project 8.85
aSSETS UNDER MANAGEMENT (`) IN CRORE Sub Total 3.08
• Bharat Petroleum
As on July 31, 2017 1,312.43
Average for Month of July, 2017 1,292.50 Corporation Ltd. Petroleum Products 6.93 Cash, Cash Equivalents and Net Current Assets 3.04
l quantitative data • Axis Bank Ltd. Banks 6.54 Grand Total 100.00
• Maruti Suzuki India Ltd. Auto 5.79 • Top Ten Holdings
Risk Ratio
n Standard Deviation 4.130%
n Beta • ITC Ltd. Consumer Non Industry Allocation of Equity Holding (% of Net Assets)
1.004
n Sharpe Ratio* 0.078 Durables 4.98
Banks 37.89
Computed for the 3-yr period ended July 31, 2017. Based on
month-end NAV. * Risk free rate: 6.25% (Source: FIMMDA MIBOR) • Infosys Ltd. Software 4.90
Total Expense Ratio (Weighted Average for the month) Tata Motors Ltd. DVR Auto 4.62
Excluding Goods and Service Tax on Management Fees Auto 12.84
Regular: 2.18% Direct: 2.08% UltraTech Cement Ltd. Cement 3.09
l #BENCHMARK INDEX: NIFTY 50 Index Cognizant Technology
l ##addl. BENCHMARK INDEX: S&P BSE Sensex Solutions Corp Software 3.08 Software 7.98
l Exit Load Indusind Bank Ltd. Banks 2.68 Consumer Non Durables 4.98
Load of 1.00% is payable if Units are redeemed / switched- Mahindra & Mahindra Ltd. Auto 2.43
out within 1 year from the date of allotment. Cement 3.09
l No Exit Load is payable if Units are redeemed / switched- Power Grid Corporation of
Power 2.67
out after 1 year from the date of allotment. India Ltd. Power 2.04
For further details, please refer to para ‘Exit Load’ on Pg 51.
Adani Ports and Special Transportation 1.35
l PlanS & Options Economic Zone Ltd. Transportation 1.35
Regular Plan, Direct Plan. Under Each Plan : Growth & Gas 0.80
Dividend. The Dividend Option offers Dividend Payout and GAIL (India) Ltd. Gas 0.80
Reinvestment facility. 0 5 10 15 20 25 30 35 40

Normally despatched within 3-4 Business Days. Since Inception 5 year 3 year 1 year
SIP SIP SIP SIP
§ Date of migration from Morgan Stanley Mutual Fund (Close Total Amount Invested (` ‘000) 1,110.00 600.00 360.00 120.00
of business hours - June 27, 14)
Mkt Value as on July 31, 2017 (` ‘000) $$ 1,926.39 830.39 437.81 137.31
¥ Dedicated Fund Manager for Overseas Investments: Returns (Annualised) (%) $$ 11.53 12.97 13.14 27.94
Mr Rakesh Vyas (Total Experience: Over 10 years). Benchmark Returns (Annualised) (%) # 11.76 13.26 12.60 26.58
Addl. Benchmark Ret. (Annualised) (%) ## 11.21 12.30 11.43 25.85
This product is suitable for investors who are seeking ~ after accounting for the cash flow by using XIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above
l Capital appreciation over long term.
l Investment in equity and equity related instruments of Large Performance^ - Regular Plan - Growth Option
Cap companies. Date Period Scheme Benchmark Additional Value of ` 10,000 invested
(%) ## $$ (`)# Benchmark
(`)##
Jul 29, 16 Last 1 Year 19.23 16.56 15.82 11,935 11,665 11,591
Jul 31, 14 Last 3 Years 9.49 9.27 7.88 13,128 13,051 12,556
Jul 31, 12 Last 5 Years 14.00 14.01 13.53 19,261 19,272 18,864
Returns greater than 1 year period are compounded annualized (CAGR). $$ All dividends declared prior to the splitting of the Scheme
Investors understand that their principal will be at into Dividend & Growth Options are assumed to be reinvested in the units of the Scheme at the then prevailing NAV. For performance of
other schemes managed by Vinay Kulkarni, please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense
moderately high risk structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged
~ Investors should consult their financial advisers if in doubt in the Regular Plan. For Performance of Direct Plan, refer page no. 59.
HDFC Mid-Cap Opportunities Fund (An open-ended equity scheme)
To generate long-term capital appreciation from a portfolio Company Industry+ % to NAV Company Industry+ % to NAV
that is substantially constituted of equity and equity related Grindwell Norton Ltd. Industrial Products 0.71
securities of Small and Mid-Cap companies. Equity & Equity Related Oracle Financial Services
• Tube Investments of India Ltd. Auto Ancillaries 3.39 Software Ltd. Software 0.69
l Fund Manager ¥ • Voltas Ltd. Construction Project 2.88 Strides Shasun Limited Pharmaceuticals 0.67
• Yes Bank Ltd. Banks 2.59 Dhanuka Agritech Ltd. Pesticides 0.66
Chirag Setalvad (since June 25, 07) • Aurobindo Pharma Ltd. Pharmaceuticals 2.55 Delta Corp Ltd. Hotels, Resorts & Other
Total Experience: Over 17 years • Indusind Bank Ltd. Banks 2.41 Recreational Activities 0.62
• UPL Ltd. Pesticides 2.40 Whirlpool of India Ltd. Consumer Durables 0.57
• Balkrishna Industries Ltd. Auto Ancillaries 2.21 Apollo Tyres Ltd. Auto Ancillaries 0.56
l Inception Date (Date of Allotment) • Sundram Fasteners Ltd. Auto Ancillaries 2.18
• Adani Ports and Special Huhtamaki PPL Ltd. Industrial Products 0.55
June 25, 2007 Persistent Systems Limited Software 0.54
Economic Zone Ltd. Transportation 2.18 Havells India Ltd. Consumer Durables 0.53
• Hexaware Technologies Ltd. Software 2.09 Thermax Ltd. Industrial Capital Goods 0.40
NAV (as on July 31, 2017) NAV per Unit (`) Federal Bank Ltd. Banks 1.93 Bata India Ltd. Consumer Durables 0.33
Regular Plan - Growth Option 54.096 Aarti Industries Ltd. Chemicals 1.92 Oil India Ltd. Oil 0.26
Regular Plan - Dividend Option 33.167 Carborundum Universal Ltd. Industrial Products 1.90 eClerx Services Ltd. Software 0.22
Direct Plan - Growth Option 56.092 MRF Ltd. Auto Ancillaries 1.85 Max India Limited Healthcare Services 0.20
Direct Plan - Dividend Option 38.895 VST Industries Ltd. Consumer Non Durables 1.81 Crompton Greaves Ltd. Industrial Capital Goods 0.11
Bajaj Finance Ltd. Finance 1.79 GTPL Hathway Ltd. Media & Entertainment 0.10
Cholamandalam Investment Wockhardt Ltd. Pharmaceuticals 0.09
aSSETS UNDER MANAGEMENT (`) IN CRORE and Finance Company Ltd. Finance 1.76 Sub Total 95.32
As on July 31, 2017 17,841.14 Punjab National Bank Banks 1.73 Preference Shares
Average for Month of July, 2017 17,488.14 Torrent Pharmaceuticals Ltd. Pharmaceuticals 1.70
Blue Star Ltd. Consumer Durables 1.66 Zee Entertainment Enterprises Ltd. Media & Entertainment 0.01
SKF India Ltd. Industrial Products 1.59 Sub Total 0.01
l quantitative data Indian Bank Banks 1.56 Total 95.33
Bharat Electronics Ltd. Industrial Capital Goods 1.55
Portfolio Turnover Ratio (Last 1 year) 23.80% Trent Ltd. Retailing 1.54 Cash, Cash Equivalents and Net Current Assets 4.67
Risk Ratio Redington (India) Limited Transportation 1.53 Grand Total 100.00
n Standard Deviation 4.189% City Union Bank Ltd. Banks 1.47
n Beta 0.935 Axis Bank Ltd. Banks 1.46 • Top Ten Holdings
n Sharpe Ratio* 0.312 Hindustan Petroleum
Corporation Ltd. Petroleum Products 1.45
Computed for the 3-yr period ended July 31, 2017. Based on Navneet Education Ltd. Media & Entertainment 1.43 Industry Allocation of Equity Holding (% of Net Assets)
month-end NAV. * Risk free rate: 6.25% (Source: FIMMDA MIBOR) Bank of Baroda Banks 1.43
The Indian Hotels Hotels, Resorts & Other Banks 17.28
Total Expense Ratio (Weighted Average for the month) Company Ltd. Recreational Activities 1.40
Excluding Goods and Service Tax on Management Fees Auto Ancillaries 11.18
Jagran Prakashan Ltd. Media & Entertainment 1.35
Regular: 2.23% Direct: 1.23% Supreme Industries Ltd. Industrial Products 1.34 Industrial Products 9.57
Lakshmi Machine Works Ltd. Industrial Capital Goods 1.29 Pharmaceuticals 6.77
l #BENCHMARK INDEX: NIFTY Free Float Midcap 100 Index Capital First Ltd. Finance 1.27 Finance 6.57
KNR Constructions Ltd. Construction 1.24 Consumer Durables
Petronet LNG Ltd. Gas 1.20 5.10
D.B.Corp Ltd. Media & Entertainment 1.18 Software 4.66
Greenply Industries Ltd. Consumer Durables 1.12 Construction Project 4.48
l Exit Load NIIT Technologies Ltd. Software 1.12 Media And Entertainment
Atul Ltd. Chemicals 1.09 4.07
l In respect of each purchase / switch-in of Units, an Exit Chemicals 4.04
Load of 1.00% is payable if Units are redeemed / switched- Solar Industries India Ltd. Chemicals 1.03
out within 1 year from the date of allotment. Karur Vysya Bank Ltd. Banks 1.02 Transportation 3.71
Exide Industries Ltd. Auto Ancillaries 0.99 Industrial Capital Goods 3.35
l No Exit Load is payable if Units are redeemed / switched- IPCA Laboratories Ltd. Pharmaceuticals 0.96
out after 1 year from the date of allotment. Power Finance Corporation Ltd. Finance 0.93 Pesticides 3.06
For further details, please refer to para ‘Exit Load’ on Pg 51. Union Bank of India Banks 0.93 Hotels, Resorts & Other Recreational Activities 2.87
Vardhman Textiles Ltd. Textiles - Cotton 0.92 Consumer Non Durables 1.81
Greenlam Industries Ltd. Consumer Durables 0.89
l PlanS & Options Fag Bearings India Ltd. Industrial Products 0.89 Retailing 1.54
Cummins India Ltd. Industrial Products 0.89 Petroleum Products 1.45
Regular Plan, Direct Plan. Under Each Plan : Growth & Vesuvius India Ltd. Industrial Products 0.89
Dividend. The Dividend Option offers Dividend Payout and Construction 1.24
KEC International Ltd. Construction Project 0.85
Reinvestment facility. Mahindra Holidays & Hotels, Resorts & Other Gas 1.20
Resorts Ind Ltd Recreational Activities 0.85 Textiles - Cotton 0.92
l Minimum Application Amount Max Financial Services Limited Finance 0.82 Oil 0.26
AIA Engineering Ltd. Industrial Products 0.81 Healthcare Services 0.20
Purchase : ` 5,000 and any amount thereafter. Divi's Laboratories Ltd. Pharmaceuticals 0.80
Additional Purchase : ` 1,000 and any amount thereafter. Sadbhav Engineering Ltd. Construction Project 0.75 0 2 4 6 8 101214161820
Allahabad Bank Banks 0.75
of equity holding (% of net assets) Since Inception 10 year 5 year 3 year 1 year
SIP SIP SIP SIP SIP
Large Cap 1.46%
Mid Cap 93.88% Total Amount Invested (` ‘000) 1,220.00 1,200.00 600.00 360.00 120.00
¥ Dedicated Fund Manager for Overseas Investments: Mkt Value as on July 31, 2017 (` ‘000) 4,225.85 4,118.14 1,187.70 498.72 138.29
instruments of Small and Mid Cap companies. Performance^ - Regular Plan - Growth Option
(`)##
Jul 29, 16 Last 1 Year 26.35 25.18 16.56 12,652 12,533 11,665
Jul 31, 14 Last 3 Years 23.05 19.52 9.27 18,640 17,083 13,051
Jul 31, 12 Last 5 Years 27.06 20.88 14.01 33,133 25,828 19,272
Jun 25, 07 Since Inception 18.18 12.12 8.89 54,096 31,773 23,658
Returns greater than 1 year period are compounded annualized (CAGR). For performance of other schemes managed by Chirag Setalvad,
HDFC Small Cap Fund (An open-ended equity scheme)
To provide long-term capital appreciation by investing Company Industry+ % to NAV Company Industry+ % to NAV
predominantly in Small-Cap and Mid-Cap companies.
Equity & Equity Related Everest Industries Ltd. Cement 1.25
l Fund Manager § ¥ Nilkamal Ltd. Industrial Products 1.18
• Oriental Carbon &
Chirag Setalvad (since June 27, 14) Chemicals Ltd. Chemicals 4.12 SKF India Ltd. Industrial Products 1.16
Total Experience: Over 17 years Power Mech Projects Ltd. Construction Project 1.07
• KEC International Ltd. Construction Project 3.94
l Inception Date (Date of Allotment) • Carborundum Universal Ltd. Industrial Products 3.88 Time Technoplast Ltd. Industrial Products 1.05
April 3, 2008 • Aarti Industries Ltd. Chemicals 3.83 Corporation Bank Banks 0.95
• Tube Investments of India Ltd. Auto Ancillaries 3.61 Atul Auto Ltd. Auto 0.93
NAV (as on July 31, 2017) NAV per Unit (`)
• City Union Bank Ltd. Banks 3.25 Garware Wall Ropes Ltd. Textile Products 0.77
Regular Plan - Dividend Option 24.864 • Balkrishna Industries Ltd. Auto Ancillaries 3.12 Mold-Tek Packaging Ltd. Industrial Products 0.71
Direct Plan - Growth Option 39.804 • Dilip Buildcon Ltd. Construction 2.85 NRB Bearing Ltd. Industrial Products 0.65
Direct Plan - Dividend Option 26.359 • Apar Industries Limited Industrial Capital Goods 2.77 Indian Bank Banks 0.58
aSSETS UNDER MANAGEMENT (`) IN CRORE • Swaraj Engines Ltd. Industrial Products 2.61 Avanti Feeds Ltd. Consumer Non Durables 0.42
As on July 31, 2017 1,206.69 LG Balakrishnan & Bros Ltd. Auto Ancillaries 2.39 IFGL Refractories Ltd. Industrial Products 0.39
Average for Month of July, 2017 1,195.95 Federal Bank Ltd. Banks 2.39 Total 91.97
l quantitative data PNC Infratech Ltd. Construction 2.29 Cash, Cash Equivalents and Net Current Assets 8.03
Portfolio Turnover Ratio (Last 1 year) 29.42% Redington (India) Limited Transportation 2.16
Grand Total 100.00
NIIT Technologies Ltd. Software 2.06
Risk Ratio • Top Ten Holdings
n Standard Deviation
Kalpataru Power Transmission Ltd. Power 2.03
4.413%
n Beta 0.636 Hexaware Technologies Ltd. Software 1.95
n Sharpe Ratio* 0.271 Oriental Bank of Commerce Banks 1.91 Industry Allocation of Equity Holding (% of Net Assets)
Computed for the 3-yr period ended July 31, 2017. Based on Greenply Industries Ltd. Consumer Durables 1.86
month-end NAV. * Risk free rate: 6.25% (Source: FIMMDA MIBOR) Aurobindo Pharma Ltd. Pharmaceuticals 1.79 Industrial Products 13.38
Century Plyboards (India) Ltd. Consumer Durables 1.75 Auto Ancillaries 12.27
Total Expense Ratio (Weighted Average for the month) Banks
Excluding Goods and Service Tax on Management Fees 9.08
Vesuvius India Ltd. Industrial Products 1.75
Chemicals 7.95
Regular: 2.46% Direct: 1.31% Sundram Fasteners Ltd. Auto Ancillaries 1.71
Jagran Prakashan Ltd. Media & Entertainment 1.67 Consumer Durables 6.91
l #BENCHMARK INDEX: NIFTY Free Float Smallcap 100 Index
VIP Industries Ltd. Consumer Durables 1.65 Construction 5.14
l ##addl. BENCHMARK INDEX: NIFTY 50 Index IFB Industries Ltd. Consumer Durables 1.65 Industrial Capital Goods 4.30
l Exit Load D.B. Corp Ltd. Media & Entertainment 1.59 Software 4.01
l In respect of each purchase / switch-in of Units, an Exit Titagarh Wagons Ltd. Industrial Capital Goods 1.53 Transportation 3.43
Load of 1.00% is payable if Units are redeemed / switched- The Indian Hotels Hotels, Resorts & Other Media And Entertainment 3.26
out within 1 year from the date of allotment. Company Ltd. Recreational Activities 1.49 Auto 2.40
l No Exit Load is payable if Units are redeemed / switched- Insecticides (India) Ltd. Pesticides 1.48 Power 2.03
out after 1 year from the date of allotment. V.S.T Tillers Tractors Ltd. Auto 1.47 Pharmaceuticals 1.79
For further details, please refer to para ‘Exit Load’ on Pg 51. Hotels, Resorts & Other Recreational Activities 1.49
Banco Products (I) Ltd. Auto Ancillaries 1.44
l PlanS & Options Hindustan Construction Pesticides 1.48
Regular Plan, Direct Plan. Under Each Plan : Growth & Company Ltd. Construction Project 1.42 Textiles - Cotton 1.41
Dividend. The Dividend Option offers Dividend Payout and Vardhman Textiles Ltd. Textiles - Cotton 1.41 Textiles - Synthetic 1.40
Reinvestment facility. Sarla Performance Fibers Ltd. Textiles - Synthetic 1.40 Cement 1.25
Textile Products 0.77
Sadbhav Engineering Ltd. Construction Project 1.37
l Minimum Application Amount Consumer Non Durables 0.42
Great Eastern Shipping
Purchase : ` 5,000 and any amount thereafter. Company Ltd. Transportation 1.27 0 2 4 6 8 10 12 14 16
of equity holding (% of net assets) SIP Performance^ - Regular Plan - Growth Option
Mid Cap 4.17% Since Inception 5 year 3 year 1 year
Small Cap 87.79% SIP SIP SIP SIP
§ Date of migration from Morgan Stanley Mutual Fund (Close Total Amount Invested (` ‘000) 1,120.00 600.00 360.00 120.00
of business hours - June 27, 14)
¥ Dedicated Fund Manager for Overseas Investments: Mkt Value as on July 31, 2017 (` ‘000) 2,881.40 1,080.40 503.27 142.50
Mr Rakesh Vyas (Total Experience: Over 10 years). Returns (Annualised) (%) 19.37 23.76 23.03 36.70
Benchmark Returns (Annualised) (%) # 15.80 22.76 21.95 37.69
instruments of Small-Cap and Mid-Cap companies. Performance^ - Regular Plan - Growth Option
(`)##
Jul 29, 16 Last 1 Year 29.31 28.00 16.56 12,949 12,817 11,665
Jul 31, 14 Last 3 Years 21.24 15.50 9.27 17,831 15,415 13,051
Jul 31, 12 Last 5 Years 22.96 19.44 14.01 28,126 24,316 19,272
Returns greater than 1 year period are compounded annualized (CAGR). For performance of other schemes managed by Chirag Setalvad,
HDFC Infrastructure Fund (An open-ended equity scheme)
To seek long-term capital appreciation by investing predominantly Company Industry+ % to NAV Company Industry+ % to NAV
in equity and equity related securities of companies engaged KSK Energy Ventures Ltd. Power 0.40
in or expected to benefit from the growth and development Equity & Equity Related
of infrastructure. Oriental Bank of Commerce Banks 0.26
• Larsen & Toubro Ltd. Construction Project 8.69 Corporation Ltd. Finance 0.25
l Fund Manager ¥
• ICICI Bank Ltd. Banks 7.48 Pennar Engineered Bldg
Srinivas Rao Ravuri (since March 20, 17) • Siemens Ltd. Industrial Capital Goods 5.09 Systems Ltd Ferrous Metals 0.24
Total Experience: Over 22 years • JMC Projects (India) Ltd. Construction 3.88 Jaiprakash Power Ventures Ltd. Power 0.19
l Inception Date (Date of Allotment) • CESC Ltd. Power 3.79 Power Finance Corporation Ltd. Finance 0.15
• Bank of Baroda Banks 3.79 Easun Reyrolle Ltd. Industrial Capital Goods 0.08
March 10, 2008
• Hindustan Construction Total 99.41
NAV (as on July 31, 2017) NAV per Unit (`) Company Ltd. Construction Project 3.66
• Punjab National Bank Banks 3.62 Preference Shares
Regular Plan - Dividend Option 15.305 • Astra Microwave Telecom - Equipment & Vedanta Ltd. Non - Ferrous Metals 0.16
Products Ltd. Accessories 3.00 Sub Total
Direct Plan - Growth Option 21.090 0.16
Direct Plan - Dividend Option 19.329 Premier Explosives Ltd. Chemicals 2.92
Simplex Infrastructures Ltd. Construction 2.66 Total 99.57
aSSETS UNDER MANAGEMENT (`) IN CRORE Centum Electronics Ltd. Industrial Capital Goods 2.51 Cash, Cash Equivalents and Net Current Assets 0.43
As on July 31, 2017 1,379.68 Maruti Suzuki India Ltd. Auto 2.50 Grand Total 100.00
Average for Month of July, 2017 1,358.15 Dilip Buildcon Ltd. Construction 2.49
BEML Ltd. Industrial Capital Goods 2.45 • Top Ten Holdings
l quantitative data HBL Power Systems Ltd. Consumer Non Durables 2.34
Portfolio Turnover Ratio (Last 1 year) 6.01% Dynamatic Technologies Ltd. Auto Ancillaries 2.08
Risk Ratio Canara Bank Banks 2.05 Industry Allocation of Equity Holding (% of Net Assets)
n Standard Deviation 5.610% B L Kashyap & Sons Ltd. Construction 2.05
n Beta 1.267 Texmaco Rail & Engineering Ltd. Industrial Capital Goods 2.00 Banks 27.40
n Sharpe Ratio* 0.106 PNC Infratech Ltd. Construction 1.94 Construction Project 16.65
Computed for the 3-yr period ended July 31, 2017. Based on KEC International Ltd. Construction Project 1.93
month-end NAV. * Risk free rate: 6.25% (Source: FIMMDA MIBOR) MEP Infrastructure Industrial Capital Goods 16.53
Developers Ltd. Transportation 1.66
Construction 15.33
Total Expense Ratio (Weighted Average for the month) Crompton Greaves Ltd. Industrial Capital Goods 1.41
Excluding Goods and Service Tax on Management Fees ITD Cementation India Ltd. Construction 1.29 Power 4.38
Regular: 2.18% Direct: 1.38% Vedanta Ltd. Non - Ferrous Metals 1.26 Auto 3.35
Sanghvi Movers Ltd Industrial Capital Goods 1.16
l #BENCHMARK INDEX: NIFTY 500 Index Gammon Infrastructure Telecom - Equipment & Accessories 3.00
l ##addl. BENCHMARK INDEX: NIFTY 50 Index Projects Ltd. Construction Project 1.03 Chemicals 2.92
Tata Steel Ltd. Ferrous Metals 0.99
l Exit Load Everest Industries Ltd. Cement 0.88 Consumer Non Durables 2.34
l In respect of each purchase / switch-in of Units, an Exit Tata Motors Ltd. DVR Auto 0.85 Auto Ancillaries 2.08
Load of 1.00% is payable if Units are redeemed / switched- Transformers And Rectifiers Industrial Capital
out within 1 year from the date of allotment. (India) Ltd. Goods 0.83 Transportation 1.66
l No Exit Load is payable if Units are redeemed / switched- Sadbhav Infrastructure Project Ltd Construction Project 0.74 Non - Ferrous Metals 1.42
out after 1 year from the date of allotment. Sadbhav Engineering Ltd. Construction Project 0.60
Corporation Bank Banks 0.60 Ferrous Metals 1.23
J.Kumar Infraprojects Ltd. Construction 0.58 Cement 0.88
l PlanS & Options Elecon Engineering Co. Ltd. Industrial Capital Goods 0.51
Finance 0.40
Regular Plan, Direct Plan. Under Each Plan : Growth & Swelect Energy Systems Ltd. Industrial Capital Goods 0.49
Dividend. The Dividend Option offers Dividend Payout and C & C Constructions Ltd. Construction 0.44 0 5 10 15 20 25 30
l Redemption Proceeds Since Inception 5 year 3 year 1 year
Normally despatched within 3-4 Business Days (Redemption SIP SIP SIP SIP
is subject to completion of Lock-in Period, if applicable). Total Amount Invested (` ‘000) 1,130.00 600.00 360.00 120.00
¥ Dedicated Fund Manager for Overseas Investments: Mkt Value as on July 31, 2017 (` ‘000) 2,138.70 963.58 455.53 141.26
Mr Rakesh Vyas (Total Experience: Over 10 years). Returns (Annualised) (%) 13.06 19.03 15.91 34.60
Benchmark Returns (Annualised) (%) # 13.25 16.26 15.41 28.75
securities of companies engaged in or expected to benefit Performance^ - Regular Plan - Growth Option
from the growth and development of infrastructure.
Date Period Scheme Benchmark Additional Value of ` 10,000 invested
(`)##
Jul 29, 16 Last 1 Year 25.07 19.84 16.56 12,523 11,996 11,665
Jul 31, 14 Last 3 Years 12.10 12.38 9.27 14,092 14,195 13,051
Jul 31, 12 Last 5 Years 16.24 16.33 14.01 21,233 21,310 19,272
Mar 10, 08 Since Inception 7.84 8.95 8.21 20,318 22,387 20,992
Returns greater than 1 year period are compounded annualized (CAGR). For performance of other schemes managed by Srinivas Rao Ravuri,
Investors understand that their principal will be at high risk under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of
HDFC Balanced Fund (An open-ended balanced scheme)
To generate capital appreciation along with current income Company Industry+ / Rating % to NAV Company Industry+ / Rating % to NAV
from a combined portfolio of equity & equity related and debt Persistent Systems Limited Software 0.12
and money market instruments. Equity & Equity Related
Crompton Greaves Ltd. Industrial Capital Goods 0.03
¥
• HDFC Bank Ltd. Banks 5.28 Sub Total 67.30
l Fund Manager • Larsen & Toubro Ltd. Construction Project 3.84 Preference Shares
Chirag Setalvad (since April 2, 07) • Reliance Industries Ltd. Petroleum Products 3.56 Vedanta Ltd. Non - Ferrous Metals 0.12
Total Experience - Over 17 years • ITC Ltd. Consumer Non Durables 3.06 Sub Total 0.12
• ICICI Bank Ltd. Banks 2.97 Total 67.42
l Inception Date (Date of Allotment) • State Bank of India Banks 2.51 Debt & Debt Related
September 11, 2000 • Housing Development Government Securities
Finance Corporation Ltd.£ Finance 2.34
8.13 GOI 2045 Sovereign 1.81
NAV (as on July 31, 2017) NAV per Unit (`) • Tube Investments of India Ltd. Auto Ancillaries 2.31
Regular Plan - Growth Option 144.004 • Aurobindo Pharma Ltd. Pharmaceuticals 2.07
Regular Plan - Dividend Option 31.685 Power Grid Corporation of
India Ltd. Power 1.97 8.32 GOI 2032 Sovereign 1.32
Direct Plan - Growth Option 149.688 Voltas Ltd. Construction Project 1.96 7.16 GOI 2023 Sovereign 1.26
Direct Plan - Dividend Option 34.515 Infosys Ltd. Software 1.89 7.35 GOI 2024 Sovereign 1.12
Indusind Bank Ltd. Banks 1.65 8.08 GOI 2022 Sovereign 1.00
aSSETS UNDER MANAGEMENT (`) IN CRORE 8.15 GOI 2022 Sovereign 0.84
Aarti Industries Ltd. Chemicals 1.57
As on July 31, 2017 13,824.15 Vedanta Ltd. Non - Ferrous Metals 1.45 7.88 GOI 2030 Sovereign 0.78
Average for Month of July, 2017 13,207.81 Tata Steel Ltd. Ferrous Metals 1.40 7.73 GOI 2034 Sovereign 0.77
Federal Bank Ltd. Banks 1.24 7.72 GOI 2025 Sovereign 0.76
l quantitative data 7.68 GOI 2023 Sovereign 0.61
KEC International Ltd. Construction Project 1.22
Portfolio Turnover Ratio (Last 1 year) 35.07% Bharti Airtel Ltd. Telecom - Services 1.14 8.17 GOI 2044 Sovereign 0.47
Average Maturity * 7.41 years Bharat Petroleum Corporation Ltd. Petroleum Products 1.05 8.83 GOI 2023 Sovereign 0.43
Modified Duration * 4.39 years Hindustan Petroleum 8.97 GOI 2030 Sovereign 0.42
Yield to Maturity * 7.12% Corporation Ltd. Petroleum Products 1.03 8.40 GOI 2024 Sovereign 0.39
* Computed on the invested amount for debt portfolio. Tata Motors Ltd. DVR Auto 1.01 8.60 GOI 2028 Sovereign 0.32
Cholamandalam Investment 8.35 GOI 2022 Sovereign 0.31
Total Expense Ratio (Weighted Average for the month) and Finance Company Ltd. Finance 0.89 6.35 GOI 2020 Sovereign 0.27
Excluding Goods and Service Tax on Management Fees SKF India Ltd. Industrial Products 0.89 7.80 GOI 2020 Sovereign 0.19
City Union Bank Ltd. Banks 0.88 8.12 GOI 2020 Sovereign 0.17
Regular: 1.95% Direct: 0.85% 8.30 GOI 2040 Sovereign 0.03
Mahindra Holidays & Hotels, Resorts & Other
l #BENCHMARK INDEX: CRISIL Balanced Fund - Aggressive Index Resorts India Ltd Recreational Activities 0.87 8.20 GOI 2022 Sovereign 0.02
Axis Bank Ltd. Banks 0.83 Sub Total 16.03
l ##addl. BENCHMARK INDEX: NIFTY 50 Index Redington (India) Limited Transportation 0.77 Credit Exposure
The Indian Hotels Hotels, Resorts & Other • Housing Development
l Exit Load Company Ltd. Recreational Activities 0.76 Finance Corporation Ltd.£ CRISIL - AAA 2.69
l In respect of each purchase / switch-in of Units, upto 15% Balkrishna Industries Ltd. Auto Ancillaries 0.75 Punjab National Bank CRISIL - AA 0.72
of the units may be redeemed without any exit load from Bajaj Finance Ltd. Finance 0.75 Bank of India CRISIL - A+ 0.72
the date of allotment. PNC Infratech Ltd. Construction 0.75 Cholamandalam Investment
Hero MotoCorp Ltd. Auto 0.69 and Finance Company Ltd. ICRA - AA 0.56
l Any redemption in excess of the above limit shall be subject
Tamil Nadu Newsprint & Shriram Transport
to the following exit load: Papers Ltd. Paper 0.65
n Exit load of 1.00% is payable if Units are redeemed / Finance Co. Ltd. CRISIL - AA+ 0.55
switched-out within 1 year from the date of allotment Tata Sons Ltd. CRISIL - AAA 0.40
Torrent Pharmaceuticals Ltd. Pharmaceuticals 0.62
of units. State Bank of India CRISIL - AA+, AAA 0.39
VST Industries Ltd. Consumer Non Durables 0.61
Oriental Bank of Commerce ICRA - A, AA- 0.37
l No Exit Load is payable if Units are redeemed / switched- MRF Ltd. Auto Ancillaries 0.59
HDFC Bank Ltd. CRISIL - AAA 0.37
out after 1 year from the date of allotment. Tata Consultancy Services Ltd. Software 0.56
National Highways
For further details, please refer to para ‘Exit Load’ on Pg 51. Oil & Natural Gas Authority of India CRISIL - AAA 0.37
Corporation Ltd. Oil 0.51
Greenply Industries Ltd. Consumer Durables 0.48 Small Industries Development
l PlanS & Options Bank of India CARE - AAA 0.37
Kalpataru Power
Regular Plan, Direct Plan. Under Each Plan : Growth & Transmission Ltd. Power 0.48 Axis Bank Ltd. CRISIL - AA+ 0.37
Dividend. The Dividend Option offers Dividend Payout and Avenue Supermarts Ltd. Retailing 0.45 L&T Finance Limited CARE - AA+ 0.36
Reinvestment facility. Carborundum Universal Ltd. Industrial Products 0.45 LIC Housing Finance Ltd. CRISIL - AAA 0.26
Union Bank of India Banks 0.44 Power Finance Corporation Ltd. CRISIL - AAA 0.25
l Minimum Application Amount Indian Bank Banks 0.41 Syndicate Bank CARE - AA- 0.23
Purchase : ` 5,000 and any amount thereafter. Atul Ltd. Chemicals 0.41 ICICI Bank Ltd. CARE - AAA 0.18
Additional Purchase : ` 1,000 and any amount thereafter. Hexaware Technologies Ltd. Software 0.39 IDBI Bank Ltd. ICRA - BBB- 0.17
Bharat Electronics Ltd. Industrial Capital Goods 0.39 Andhra Bank CARE - AA- 0.15
l Redemption Proceeds Vedanta Ltd. CRISIL - AA 0.12
Sadbhav Engineering Ltd. Construction Project 0.37
Normally despatched within 3-4 Business Days. Zensar Technologies Ltd. Software 0.37 Hindalco Industries Ltd. CRISIL - AA 0.08
Navneet Education Ltd. Media & Entertainment 0.36 Tata Motors Finance Ltd. CRISIL - AA 0.04
¥ Dedicated Fund Manager for Overseas Investments:
Mr Rakesh Vyas (Total Experience - Over 10 years). Rallis India Ltd. Pesticides 0.36 Sub Total 9.72
Kaveri Seed Company Ltd. Consumer Non Durables 0.33 Cash margin / Earmarked cash for Futures & Options 0.87
IPCA Laboratories Ltd. Pharmaceuticals 0.32
NIIT Technologies Ltd. Software 0.31
This product is suitable for investors who are seeking ~ Insecticides (India) Ltd. Pesticides 0.31 Grand Total 100.00
l Capital appreciation along with current income over long term. Allahabad Bank Banks 0.18 • Top Ten Holdings, £ Co-sponsor
Atul Auto Ltd. Auto 0.18
l Investment predominantly in equity and equity related instruments Outstanding exposure in
Fag Bearings India Ltd. Industrial Products 0.17
with balance exposure to debt and money market instruments. J.Kumar Infraprojects Ltd. Construction 0.17 derivative instruments (` in Crore) 119.72
Riskometer Lupin Ltd. Pharmaceuticals 0.15 Hedged position in Equity & Equity related instruments
MM Forgings Ltd. Industrial Products 0.13 Outstanding derivative exposure (% age) 0.87
Portfolio Classification by Asset Class (%) Portfolio Classification by Rating Class (%)
Equity 67.42
Equity 67.42 Sovereign 16.03
G-Sec 16.03 AAA/AAA(SO)/A1+/A1+(SO)
Credit Exposure 9.72 & Equivalent 4.91
Investors understand that their principal will be at
moderately high risk Cash, Cash Equivalents and AA+ & Below 4.81
~ Investors should consult their financial advisers if in doubt Net Current Assets 6.83 Cash, Cash Equivalents and
about whether the product is suitable for them. Net Current Assets 6.83
Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of July 31, 2017 unless otherwise specified. ....Contd on next page
HDFC Balanced Fund (An open-ended balanced scheme) Contd...
Industry Allocation of Equity Holding (% of Net Assets) SIP Performance^ - Regular Plan - Growth Option
Since Inception SIP 15 year SIP 10 year SIP 5 year SIP 3 year SIP 1 year SIP
Banks 17.04
Petroleum Products 5.64 Mkt Value as on July 31, 2017 (` ‘000) 11,433.75 8,017.22 3,094.06 994.73 464.80 136.51
Consumer Non Durables 4.00 Returns (Annualised) (%) 18.13 18.00 18.02 20.34 17.33 26.60
Finance 3.98 Benchmark Returns (Annualised) (%) # N.A. 11.73 10.63 12.43 12.02 20.35
Auto Ancillaries 3.65 Addl. Benchmark Ret. (Annualised) (%) ## 13.94 13.57 11.01 13.26 12.60 26.58
Software 3.64 Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed
Pharmaceuticals 3.16 after accounting for the cash flow by using XIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above
Power 2.45 investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
Chemicals 1.98
Auto 1.88 Performance^ - Regular Plan - Growth Option
Industrial Products 1.64 Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Hotels, Resorts & Other Recreational Activities 1.63 Returns Returns Benchmark
Non - Ferrous Metals 1.57 (%) (%)# Returns Scheme (`) Benchmark Additional
Ferrous Metals 1.40 (%) ## (`)# Benchmark
Telecom - Services 1.14 (`)##
Construction 0.92 Jul 29, 16 Last 1 Year 21.45 14.36 16.56 12,158 11,445 11,665
Transportation 0.77 Jul 31, 14 Last 3 Years 16.52 10.11 9.27 15,825 13,355 13,051
Pesticides 0.67 Jul 31, 12 Last 5 Years 19.79 12.71 14.01 24,674 18,193 19,272
Paper 0.65
Oil 0.51
Sep 11, 00 Since Inception 17.10 N.A. 12.13 144,004 N.A. 69,194
Consumer Durables 0.48 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 balanced nature of the scheme where a portion of scheme’s investments are made in debt instruments. Performance
Retailing 0.45 of dividend option under the schemes for the investors would be net of distribution tax as applicable. N.A.: Not Available. For performance of other
Industrial Capital Goods 0.42 schemes managed by Chirag Setalvad, please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The
Media And Entertainment 0.36 expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For
0 2 4 6 8 1012141618 Performance of Direct Plan, refer page no. 59.
^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
HDFC Equity Savings Fund (An open-ended equity scheme)

l investment objective This product is suitable for investors who are seeking ~
l PlanS & Options
l Capital appreciation while generating income over medium to
To provide capital appreciation and income distribution to Regular Plan, Direct Plan. Under Each Plan : Growth & long term.
the investors using arbitrage opportunities, investment in Dividend. The Dividend Option offers Dividend Payout and l Provide capital appreciation and income distribution to the
equity / equity related instruments and debt / money market Reinvestment facility. investors by using equity and equity related instruments,
instruments. arbitrage opportunities, and investments in debt and money
l Minimum Application Amount market instruments.
l Fund Manager ¥ Purchase : ` 5,000 and any amount thereafter. Riskometer
Vinay Kulkarni (Equities) (since November 21, 06) Additional Purchase : ` 1,000 and any amount thereafter.
Total Experience: Over 27 years l Redemption Proceeds
Krishan Kumar Daga (Equities) (since January 08, 16) Normally despatched within 3-4 Business Days.
Anil Bamboli (Debt) (since September 17, 04) ¥ Dedicated Fund Manager for Overseas Investments:
Mr Rakesh Vyas (Total Experience - Over 10 years).
l Inception Date (Date of Allotment) Investors understand that their principal will be at
September 17, 2004 moderately high risk
Portfolio Classification by Rating Class (%) ~ Investors should consult their financial advisers if in doubt
NAV (as on July 31, 2017) NAV per Unit (`) about whether the product is suitable for them.
Equity 67.46
Regular Plan - Growth Option 33.993 Sovereign 4.84
AAA/AAA(SO)/A1+/A1+(SO)
Direct Plan - Growth Option 35.154
& Equivalent 6.04
AA+ & Below 7.69
aSSETS UNDER MANAGEMENT (`) IN CRORE Cash, Cash Equivalents and
As on July 31, 2017 1,812.65 Net Current Assets 13.97
l quantitative data
Portfolio Turnover Ratio 72.96% SIP Performance^ - Regular Plan - Growth Option
Average Maturity * 2.38 years Since Inception SIP 10 year SIP 5 Year SIP 3 Year SIP 1 Year SIP
Modified Duration * 1.76 years Total Amount Invested (` ‘000) 1,550.00 1,200.00 600.00 360.00 120.00
Yield to Maturity * 7.18% Mkt Value as on July 31, 2017 (` ‘000) 3,181.37 2,126.49 821.36 443.08 130.48
* Computed on the invested amount for debt portfolio. Returns (Annualised) (%) 10.52 11.02 12.52 13.97 16.67
Benchmark Returns (Annualised) (%) # N.A. N.A. 11.35 10.76 19.19
Total Expense Ratio (Weighted Average for the month) Addl. Benchmark Ret. (Annualised) (%) ## 7.46 7.84 9.55 10.33 8.08
Excluding Goods and Service Tax on Management Fees Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed
Regular: 2.36% Direct: 0.86% investment 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.
l #BENCHMARK INDEX: 40% NIFTY 50 Arbitrage Index, 30%
Crisil Short Term Bond Fund Index and 30% NIFTY 50 Index Performance^ - Regular Plan - Growth Option
l ##addl. BENCHMARK INDEX: CRISIL 10 year Gilt Index Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme (`) Benchmark Additional
l Exit Load (%) (%)# Returns (`)# Benchmark
(%) ## (`)##
l In respect of each purchase / switch-in of Units, upto 15%
Jul 29, 16 Last 1 Year 17.29 13.15 9.83 11,740 11,323 10,989
of the units may be redeemed without any exit load from Jul 31, 14 Last 3 Years 10.99 8.85 11.15 13,675 12,901 13,734
the date of allotment. Jul 31, 12 Last 5 Years 11.21 11.88 8.60 17,017 17,534 15,110
Sep 17, 04 Since Inception 9.97 N.A. 6.29 33,993 N.A. 21,937
to the following exit load: Returns greater than 1 year period are compounded annualized (CAGR). Scheme performance may not strictly be comparable with that
n Exit load of 1.00% is payable if Units are redeemed / switched- of its Additional Benchmark, since a portion of scheme’s investments are made in equity instruments. Performance of dividend option
out within 1 year from the date of allotment of units. under the schemes for the investors would be net of distribution tax as applicable. Load is not taken into consideration for computation
of performance. For performance of other schemes managed by Vinay Kulkarni (Equities), Krishan Kumar Daga (Equities) and Anil Bamboli
l No Exit Load is payable if Units are redeemed / switched- (Debt), please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct
out after 1 year from the date of allotment. Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance
of Direct Plan, refer page no. 68.
^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.

HDFC Equity Savings Fund (An open-ended equity scheme) Contd...
Portfolio
Company Industry+ / Rating % to NAV % exposure Company Industry+ / Rating % to NAV % exposure
(Hedged & of Derivative (Hedged & of Derivative
Unhedged) Unhedged)
Equity & Equity Related Manappuram Finance Ltd. Finance 0.18 0.18
HDFC Bank Ltd. Banks 2.21 - MRF Ltd. Auto Ancillaries 0.17 0.17
Larsen & Toubro Ltd. Construction Project 1.89 - Kotak Mahindra Bank Ltd. Banks 0.16 0.16
State Bank of India Banks 2.14 0.59 IFCI Ltd. Finance 0.15 0.15
Infosys Ltd. Software 3.53 2.14 Bajaj Auto Ltd. Auto 0.15 0.15
Reliance Industries Ltd. Petroleum Products 2.60 1.32 Ujjivan Financial Services Ltd. Finance 0.15 0.15
NTPC Ltd. Power 1.20 0.03 HCL Technologies Ltd. Software 0.14 0.14
ICICI Bank Ltd. Banks 0.95 - Titan Company Ltd. Consumer Durables 0.14 0.14
Housing Development Finance Corporation Ltd.£ Finance 0.86 - Bharat Heavy Electricals Ltd. Industrial Capital Goods 0.13 0.13
GAIL (India) Ltd. Gas 0.93 0.11 Power Finance Corporation Ltd. Finance 0.12 0.12
Tata Motors Ltd. DVR Auto 0.79 - ACC Ltd. Cement 0.12 0.12
Bharat Petroleum Corporation Ltd. Petroleum Products 0.72 - PTC India Ltd. Power 0.12 0.12
Tata Steel Ltd. Ferrous Metals 0.70 - Glenmark Pharmaceuticals Ltd. Pharmaceuticals 0.10 0.10
United Spirits Ltd. Consumer Non Durables 0.90 0.25 Fortis Healthcare Ltd. Healthcare Services 0.09 0.09
Maruti Suzuki India Ltd. Auto 0.65 - Grasim Industries Ltd. Cement 0.09 0.09
KEC International Ltd. Construction Project 0.59 - United Breweries Ltd. Consumer Non Durables 0.08 0.08
Tata Communications Ltd. Telecom - Services 0.56 - The Tata Power Company Ltd. Power 0.08 0.08
BEML Ltd. Industrial Capital Goods 0.48 - Bosch Ltd. Auto Ancillaries 0.07 0.07
Mahindra & Mahindra Financial Services Ltd. Finance 0.44 - Lupin Ltd. Pharmaceuticals 0.07 0.06
Power Grid Corporation of India Ltd. Power 0.48 0.05 India Cements Ltd. Cement 0.06 0.06
Axis Bank Ltd. Banks 1.03 0.62 Tata Elxsi Ltd. Software 0.04 0.04
Century Textiles & Industries Ltd. Cement 0.54 0.15 Mangalore Refinery and Petrochemicals Ltd. Petroleum Products 0.04 0.04
Tamil Nadu Newsprint & Papers Ltd. Paper 0.38 - The Ramco Cements Ltd. Cement 0.04 0.04
Punjab National Bank Banks 0.36 - Kaveri Seed Company Ltd. Consumer Non Durables 0.02 0.02
TV18 Broadcast Limited Media And Entertainment 0.35 - Godfrey Phillips India Ltd. Consumer Non Durables 0.02 0.02
Hindustan Petroleum Corporation Ltd. Petroleum Products 0.34 - Bajaj Finance Ltd. Finance 0.02 0.02
Bajaj Corp Ltd. Consumer Non Durables 0.33 - Biocon Ltd. Pharmaceuticals 0.02 0.02
Container Corporation of India Ltd. Transportation 0.32 - Bata India Ltd. Consumer Durables 0.01 0.01
Equitas Holdings Ltd. Finance 0.31 - Sun TV Network Ltd. Media And Entertainment 0.01 0.01
Reliance Power Ltd. Power 0.29 - Strides Shasun Ltd. Pharmaceuticals 0.01 0.01
Mahindra Lifespace Developers Ltd. Construction 0.27 - Marico Ltd. Consumer Non Durables @ -
Mcleod Russel India Ltd. Consumer Non Durables 0.27 - Sub Total 67.46 41.76
Mahindra & Mahindra Ltd. Auto 0.37 0.11 Preference Shares
Orient Cement Ltd. Cement 0.26 - Zee Entertainment Enterprises Ltd. Media & Entertainment @
Dabur India Ltd. Consumer Non Durables 0.26 - Sub Total @
Bajaj Electricals Ltd. Consumer Durables 0.22 - Total Equity & Equity Related 67.46
Torrent Pharmaceuticals Ltd. Pharmaceuticals 0.22 - Debt & Debt Related
NHPC Ltd. Power 0.22 - Government Securities
Adani Ports and Special Economic Zone Ltd. Transportation 1.11 0.90 • 7.35 GOI 2024 Sovereign 4.84
Monsanto India Ltd. Pesticides 0.21 - Sub Total 4.84
IPCA Laboratories Ltd. Pharmaceuticals 0.18 - Credit Exposure
Indusind Bank Ltd. Banks 0.18 - • Housing Development Finance Corporation Ltd.£ CRISIL - AAA 2.89
Oil & Natural Gas Corporation Ltd. Oil 0.40 0.23 • Punjab National Bank CRISIL - AA 2.76
S Chand and Company Ltd. Media And Entertainment 0.16 - Export - Import Bank of India CRISIL - AAA 1.67
UPL Ltd. Pesticides 0.17 0.03 Union Bank of India FITCH - AA 1.66
Federal Bank Ltd. Banks 0.50 0.38 Repco Home Finance Ltd ICRA - AA- 0.79
HSIL LIMITED Consumer Durables 0.11 - Canara Bank CRISIL - AA 1.37
VIP Industries Ltd. Consumer Durables 0.09 - Mahindra & Mahindra Financial Services Ltd. FITCH - AAA 0.71
Ambuja Cements Ltd. Cement 0.23 0.15 LIC Housing Finance Ltd. CRISIL - AAA 0.57
MT Educare Ltd. Diversified Consumer Services 0.08 - State Bank of India CRISIL - AA+ 0.56
Central Depository Services (India) Ltd. FINANCE 0.08 -
Navkar Corporation Ltd. Transportation 0.07 - Syndicate Bank CARE - AA- 0.55
Everest Industries Ltd. Cement 0.06 - Power Finance Corporation Ltd. CRISIL - AAA 0.20
Bharti Infratel Ltd. Telecom - Equipment & Sub Total 13.73
Accessories 0.33 0.30 Short Term Deposits as margin for Futures & Options 10.39
Elecon Engineering Co. Ltd. Industrial Capital Goods 0.03 - Cash, Cash Equivalents and Net Current Assets 3.58
MPS Ltd. Consumer Non Durables 0.03 - Grand Total 100.00
Aurobindo Pharma Ltd. Pharmaceuticals 1.29 1.27 • Top Ten Holdings, £ Co-sponsor , @ Less than 0.01%
ITC Ltd. Consumer Non Durables 2.06 2.05 Outstanding exposure in derivative instruments (` in Crore) (759.84)
JSW Steel Ltd. Ferrous Metals 1.71 1.70
Wockhardt Ltd. Pharmaceuticals 0.23 0.22 Hedged position in Equity & Equity related instruments
Repco Home Finance Ltd. Finance 0.01 - Outstanding derivative exposure (% age) (41.76)
IFB Industries Ltd. Consumer Durables 0.01 -
Hindalco Industries Ltd. Non - Ferrous Metals 3.60 3.60
Sun Pharmaceuticals Industries Ltd. Pharmaceuticals 3.01 3.01
Shriram Transport Finance Co. Ltd. Finance 1.71 1.71
Yes Bank Ltd. Banks 1.51 1.51
Coal India Ltd. Minerals/Mining 1.44 1.44 Industry Allocation of Equity Holding (% of Net Assets)
Vedanta Ltd. Non - Ferrous Metals 1.13 1.13
LIC Housing Finance Ltd. Finance 1.09 1.09 Banks 9.24
DLF Ltd. Construction 1.04 1.04 Finance 8.63
Bharat Financial Inclusion Ltd. Finance 0.93 0.93 Pharmaceuticals 6.06
Tech Mahindra Ltd. Software 0.91 0.91 Non - Ferrous Metals 4.91
Hero MotoCorp Ltd. Auto 0.67 0.67 Software 4.62
IDFC Ltd. Finance 0.67 0.67 Consumer Non Durables 4.44
Bharat Forge Ltd. Industrial Products 0.64 0.64 Auto 4.1
Reliance Capital Ltd. Finance 0.55 0.55 Petroleum Products 3.7
ESCORTS LTD Auto 0.52 0.52 Ferrous Metals 2.67
Power 2.66
Indiabulls Housing Finance Ltd. Finance 0.51 0.51 Construction Project 2.48
UltraTech Cement Ltd. Cement 0.50 0.50 Cement 1.9
Arvind Ltd. Textile Products 0.48 0.48 Construction 1.69
Hindustan Unilever Ltd. Consumer Non Durables 0.47 0.47 Minerals/Mining 1.63
Cipla Ltd. Pharmaceuticals 0.47 0.47 Transportation 1.5
Dr. Reddy's Laboratories Ltd. Pharmaceuticals 0.46 0.46 Gas 1.19
Ashok Leyland Ltd. Auto 0.42 0.42 Industrial Capital Goods 0.95
Indiabulls Real Estate Ltd. Construction 0.38 0.38 Media And Entertainment 0.75
Multi Commodity Exchange of India Ltd. Finance 0.32 0.32 Telecom - Services 0.74
Bharat Electronics Ltd. Industrial Capital Goods 0.31 0.31 Industrial Products 0.64
Tata Motors Ltd. Auto 0.31 0.31 Consumer Durables 0.58
ICICI Prudential Life Insurance Company Ltd. Finance 0.28 0.28 Textile Products 0.48
JSW Energy Ltd. Power 0.27 0.27 Oil 0.4
Petronet LNG Ltd. Gas 0.26 0.26 Pesticides 0.38
Jindal Steel & Power Ltd. Ferrous Metals 0.26 0.26 Paper 0.38
Rural Electrification Corporation Ltd. Finance 0.25 0.25 Telecom - Equipment & Accessories 0.33
Auto Ancillaries 0.24
Zee Entertainment Enterprises Ltd. Media And Entertainment 0.23 0.23 Healthcare Services 0.09
Eicher Motors Ltd. Auto 0.22 0.22 Diversified Consumer Services 0.08
IDFC Bank Ltd. Banks 0.20 0.20
NMDC Limited Minerals/Mining 0.19 0.19 0 1 2 3 4 5 6 7 8 9 10
Hindustan Zinc Ltd. Non - Ferrous Metals 0.18 0.18
Idea Cellular Ltd. Telecom - Services 0.18 0.18
HDFC Prudence Fund (An open-ended balanced scheme)
To provide periodic returns and capital appreciation over a long Company Industry+ / Rating % to NAV Company Industry+ / Rating % to NAV
period of time, from a judicious mix of equity and debt invest- Equity & Equity Related Sundram Fasteners Ltd. Auto Ancillaries 0.14
ments, with the aim to prevent / minimise any capital erosion. • State Bank of India Banks 8.24 Kalpataru Power Transmission Ltd. Power 0.14
Under normal circumstances, it is envisaged that the debt : equity • ICICI Bank Ltd. Banks 7.66 Container Corporation of
mix would vary between 25:75 and 40:60 respectively. This mix • Infosys Ltd. Software 6.02 India Ltd. Transportation 0.14
may achieve the investment objective, may result in regular in- • Larsen & Toubro Ltd. Construction Project 5.90 JMC Projects (India) Ltd. Construction 0.14
come, capital appreciation and may also prevent capital erosion. • Power Grid Corporation of Sanghvi Movers Ltd Industrial Capital Goods 0.13
India Ltd. Power 3.42 Ramco Systems Ltd. Software 0.13
l Fund Manager § ¥ • Tata Steel Ltd. Ferrous Metals 2.74 HPL Electric and Power Ltd. Consumer Durables 0.12
Prashant Jain (since June 19, 03) • Aurobindo Pharma Ltd. Pharmaceuticals 2.06 HBL Power Systems Ltd. Consumer Non Durables 0.11
Total Experience: Over 26 years Vedanta Ltd. Non - Ferrous Metals 1.97 Centum Electronics Ltd. Industrial Capital Goods 0.10
NTPC Ltd. Power 1.49 Yes Bank Ltd. Banks 0.10
l Inception Date (Date of Allotment) GAIL (India) Ltd. Gas 1.46 Kirloskar Pneumatic Ltd. Industrial Products 0.10
Canara Bank Banks 1.26 ITD Cementation India Ltd. Construction 0.10
February 1, 1994 Bank of Baroda Banks 1.22 Pokarna Ltd. Construction 0.09
NAV (as on July 31, 2017) NAV per Unit (`) Adani Ports and Special Elecon Engineering Co. Ltd. Industrial Capital Goods 0.08
Economic Zone Ltd. Transportation 1.21 PNC Infratech Ltd. Construction 0.08
Regular Plan - Growth Option 497.144 Punjab National Bank Banks 1.19 J.Kumar Infraprojects Ltd. Construction 0.08
Regular Plan - Dividend Option 32.533 HDFC Bank Ltd. Banks 1.19 GNA Axles Ltd. Auto Ancillaries 0.07
Direct Plan - Growth Option 514.749 Power Finance Corporation Ltd. Finance 1.14 GTPL Hathway Ltd. Media & Entertainment 0.07
Direct Plan - Dividend Option 37.844 Tata Consultancy Services Ltd. Software 1.14 Sarla Performance Fibers Ltd. Textiles - Synthetic 0.07
Tata Motors Ltd. Auto 1.11 Jaiprakash Power Ventures Ltd. Power 0.07
aSSETS UNDER MANAGEMENT (`) IN CRORE Avenue Supermarts Ltd. Retailing 1.07 Allahabad Bank Banks 0.05
Federal Bank Ltd. Banks 0.87 CL Educate Ltd. Diversified Consumer
As on July 31, 2017 29,169.27 ABB India Ltd. Industrial Capital Goods 0.76 Services 0.05
Average for Month of July, 2017 27,757.06 Cipla Ltd. Pharmaceuticals 0.76 Merck Ltd. Pharmaceuticals 0.03
l quantitative data BEML Ltd. Industrial Capital Goods 0.74 Navkar Corporation Ltd. Transportation 0.03
Solar Industries India Ltd. Chemicals 0.74 TV18 Broadcast Limited Media & Entertainment 0.02
Portfolio Turnover Ratio (Last 1 year) 55.01% CESC Ltd. Power 0.72 Everest Industries Ltd. Cement 0.02
Average Maturity * 8.18 years Prism Cement Ltd. Cement 0.70 KSK Energy Ventures Ltd. Power 0.02
Modified Duration * 4.65 years Teamlease Services Ltd. Commercial Services 0.62 Jyoti Structures Limited Power 0.01
Yield to Maturity * 8.06% Siemens Ltd. Industrial Capital Goods 0.62 Sub Total 74.39
* Computed on the invested amount for debt portfolio. APL Apollo Tubes Ltd. Ferrous Metals 0.61 Preference Shares
Apar Industries Limited Industrial Capital Goods 0.60 Vedanta Ltd. Non - Ferrous Metals 0.18
Total Expense Ratio (Weighted Average for the month) Century Textiles & Industries Ltd. Cement 0.57 Sub Total 0.18
Excluding Goods and Service Tax on Management Fees Savita Oil Technologies Ltd. Petroleum Products 0.55 Total 74.57
Time Technoplast Ltd. Industrial Products 0.54 Debt & Debt Related
Regular: 2.26% Direct: 1.00% Sharda Cropchem Ltd. Pesticides 0.51 Government Securities
Delta Corp Ltd. Hotels, Resorts & Other 8.13 GOI 2045 Sovereign 1.53
l #BENCHMARK INDEX: CRISIL Balanced Fund - Aggressive Index Recreational Activities 0.51 8.17 GOI 2044 Sovereign 0.99
l ##addl. BENCHMARK INDEX: NIFTY 50 Index NHPC Ltd. Power 0.51 8.24 GOI 2033 Sovereign 0.72
Dish TV India Ltd. Media & Entertainment 0.51 7.73 GOI 2034 Sovereign 0.54
l Exit Load Raymond Ltd. Textile Products 0.50 8.24 GOI 2027 Sovereign 0.50
Network 18 Media & 7.59 GOI 2026 Sovereign 0.47
l In respect of each purchase / switch-in of Units, upto 15% of Investments Ltd Media & Entertainment 0.48 8.33 GOI 2036 Sovereign 0.38
the units may be redeemed without any exit load from the UPL Ltd. Pesticides 0.48 7.59 GOI 2029 Sovereign 0.36
date of allotment. Balkrishna Industries Ltd. Auto Ancillaries 0.47 8.60 GOI 2028 Sovereign 0.33
l Any redemption in excess of the above limit shall be subject HSIL LIMITED Consumer Durables 0.45 7.88 GOI 2030 Sovereign 0.22
to the following exit load: Union Bank of India Banks 0.43 6.59 GOI 2026 Sovereign 0.17
n Exit load of 1.00% is payable if Units are redeemed / switched- Dilip Buildcon Ltd. Construction 0.38 8.83 GOI 2041 Sovereign 0.10
out within 1 year from the date of allotment of units. Kotak Mahindra Bank Ltd. Banks 0.37 7.95 GOI 2032 Sovereign 0.07
l No Exit Load is payable if Units are redeemed / switched-out
Sagar Cements Ltd. Cement 0.34 8.32 GOI 2032 Sovereign 0.04
Corporation Bank Banks 0.34 Sub Total 6.42
after 1 year from the date of allotment. MEP Infrastructure Money Market Instruments
For further details, please refer to para ‘Exit Load’ on Pg 51. Developers Ltd. Transportation 0.33 CD/CP
Oriental Bank of Commerce Banks 0.32 ICICI Bank Ltd. CARE - A1+ 0.42
l PlanS & Options Dynamatic Technologies Ltd. Auto Ancillaries 0.29 Sub Total 0.42
Regular Plan, Direct Plan. Under Each Plan : Growth & Dividend. The Crompton Greaves Ltd. Industrial Capital Goods 0.27 Credit Exposure
Dividend Option offers Dividend Payout and Reinvestment facility. Tata Chemicals Ltd. Chemicals 0.27 • State Bank of India CRISIL - AA+, AAA 5.21
Gujarat Pipavav Port Ltd. Transportation 0.26 • HDFC Bank Ltd. CRISIL - AA+, AAA 3.83
l Minimum Application Amount Orient Cement Ltd. Cement 0.26 • Punjab National Bank CRISIL - AA 2.23
Titagarh Wagons Ltd. Industrial Capital Goods 0.26 Canara Bank CRISIL - AA 1.27
Purchase : ` 5,000 and any amount thereafter. Wipro Ltd. Software 0.23 Union Bank of India FITCH - AA 1.03
Additional Purchase : ` 1,000 and any amount thereafter. Info Edge (India) Ltd. Software 0.22 Axis Bank Ltd. CRISIL - AA+ 0.87
Rural Electrification IDBI Bank Ltd. CRISIL-BBB+ / ICRA-BBB- 0.70
l Redemption Proceeds Corporation Ltd. Finance 0.22 Syndicate Bank CARE - AA- 0.45
Normally despatched within 3-4 Business Days. Astra Microwave Products Ltd. Telecom - Equipment & Bank of India CRISIL - A+ 0.27
Accessories 0.21 Oriental Bank of Commerce ICRA - A 0.07
§ Date of migration from Zurich India Mutual Fund (Close of Chambal Fertilizers & Andhra Bank CARE - AA- 0.07
business hours - June 19, 03 Chemicals Ltd Fertilisers 0.20 Vedanta Ltd. CRISIL - AA 0.03
¥ Dedicated Fund Manager for Overseas Investments: S Chand and Company Ltd. Media & Entertainment 0.20 ICICI Bank Ltd. CRISIL - AAA 0.03
Mr Rakesh Vyas (Total Experience - Over 10 years). Texmaco Rail & Engineering Ltd. Industrial Capital Goods 0.19 Sub Total 16.06
Tata Global Beverages Ltd. Consumer Non Durables 0.18 Foreign Securities and / or overseas ETF(s)
GE Power India Ltd. Industrial Capital Goods 0.18 Cognizant Technology
Hindustan Construction Solutions Corp Software 0.15
Company Ltd. Construction Project 0.18 Sub Total 0.15
Gujarat Industries Power Co. Ltd. Power 0.17 Short Term Deposits as margin for Futures & Options 0.36
This product is suitable for investors who are seeking ~ Larsen & Toubro Infotech Ltd. Software 0.17 Cash margin / Earmarked cash for Futures & Options 0.03
l Periodic income with capital appreciation and prevention of MPS Ltd. Consumer Non Durables 0.16 Cash, Cash Equivalents and Net Current Assets 1.99
capital erosion over long term. Nava Bharat Ventures Ltd. Power 0.16 Grand Total 100.00
Cognizant Technology
l Investment predominantly in equity and equity related Solutions Corp Software 0.15 • Top Ten Holdings
instruments with balance exposure to debt and money market
instruments.
Riskometer
Equity 74.72 Equity 74.72

G-Sec / T-Bill 6.42 Sovereign 6.42
CD / CP 0.42 AAA/AAA(SO)/A1+/A1+(SO)
moderately high risk Cash, Cash Equivalents and AA+ & Below 15.54
~ Investors should consult their financial advisers if in doubt Net Current Assets 2.38 Cash, Cash Equivalents and
about whether the product is suitable for them. Net Current Assets 2.38
Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, CD - Certificate of Deposit; CP - Commercial Papers, Data is as of July 31, 2017 unless otherwise specified. ....Contd on next page
HDFC Prudence Fund (An open-ended balanced scheme) Contd...
Industry Allocation of Equity Holding (% of Net Assets) SIP Performance^ - Regular Plan - Growth Option
Banks 23.24 Since Inception 15 year 10 year 5 year 3 year 1 year
Software 8.06 SIP SIP SIP SIP SIP SIP
Power 6.71
Construction Project 6.08 Total Amount Invested (` ‘000) 2,820.00 1,800.00 1,200.00 600.00 360.00 120.00
Industrial Capital Goods 3.93 Mkt Value as on July 31, 2017 (` ‘000) $$ 55,073.43 9,138.55 2,904.88 967.09 461.49 136.36
Ferrous Metals 3.35 Returns (Annualised) (%) $$ 20.96 19.49 16.85 19.18 16.83 26.35
Pharmaceuticals 2.85 Benchmark Returns (Annualised) (%) # N.A. 11.73 10.63 12.43 12.02 20.35
Non - Ferrous Metals 2.15 Addl. Benchmark Ret. (Annualised) (%) ## 12.29 13.57 11.01 13.26 12.60 26.58
Transportation 1.97 Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed
Cement 1.89 after accounting for the cash flow by using XIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above
Gas 1.46 investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
Finance 1.36
Media & Entertainment 1.28
Auto 1.11 Performance^ - Regular Plan - Growth Option
Retailing 1.07 Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Chemicals 1.01 Returns Returns Benchmark
Pesticides 0.99 (%) $$ (%)# Returns Scheme (`) Benchmark Additional
Auto Ancillaries 0.97 (%) ## $$ (`)# Benchmark
Construction 0.87 (`)##
Industrial Products 0.64 Jul 29, 16 Last 1 Year 22.91 14.36 16.56 12,304 11,445 11,665
Commercial Services 0.62
Consumer Durables 0.57 Jul 31, 14 Last 3 Years 14.29 10.11 9.27 14,935 13,355 13,051
Petroleum Products 0.55 Jul 31, 12 Last 5 Years 18.49 12.71 14.01 23,365 18,193 19,272
Hotels, Resorts & Other Recreational Activities 0.51 Feb 01, 94 Since Inception 19.37 N.A. 9.36 642,545 N.A. 81,932
Textile Products 0.50 Returns greater than 1 year period are compounded annualized (CAGR). Scheme performance may not strictly be comparable with that of its
Consumer Non Durables 0.45 Additional Benchmark in view of balanced nature of the scheme where a portion of scheme’s investments are made in debt instruments. $$ All
Telecom - Equipment & Accessories 0.21 dividends declared prior to the splitting of the Scheme into Dividend & Growth Options are assumed to be reinvested in the units of the Scheme at
Fertilisers 0.20 the then prevailing NAV (ex-dividend NAV). N.A.: Not Available. For performance of other schemes managed by Prashant Jain, please refer page
Textiles - Synthetic 0.07 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will
Diversified Consumer Services 0.05 be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 59.
0 5 10 15 20 25 ^Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance.
HDFC Arbitrage Fund (An open-ended equity scheme)

l investment objective
Portfolio
Company Industry+ / Rating % to NAV Company Industry+ / Rating % to NAV
To generate income through arbitrage opportunities between
cash and derivative market and arbitrage opportunities within Equity & Equity Related Indiabulls Housing Finance Ltd. Finance 0.40
the derivative segment and by deployment of surplus cash in (Quantity fully hedged using Futures/Options) Idea Cellular Ltd Telecom - Services 0.37
debt securities and money market instruments. • Infosys Ltd. Software 5.42 Britannia Industries Ltd. Consumer Non Durables 0.37
l Fund Manager ¥ • Dr. Reddy's Laboratories Ltd. Pharmaceuticals 3.75 TV18 Broadcast Limited Media & Entertainment 0.36
Krishan Kumar Daga (since September 10, 15) • Sun Pharmaceuticals Jet Airways (India) Ltd. Transportation 0.36
Total Experience: Over 21 years Industries Ltd. Pharmaceuticals 3.46
NTPC Ltd. Power 0.36
• Tata Steel Ltd. Ferrous Metals 3.24
l Inception Date (Date of Allotment) ESCORTS LTD Auto 0.35
• Aurobindo Pharma Ltd. Pharmaceuticals 2.59
October 23, 2007 Sun TV Network Ltd. Media & Entertainment 0.35
• Maruti Suzuki India Ltd. Auto 2.40
NAV (as on July 31, 2017) NAV per Unit (`) Bharat Forge Ltd. Industrial Products 0.35
• Zee Entertainment
Retail Plan Enterprises Ltd. Media & Entertainment 2.22 Bharat Electronics Ltd. Industrial Capital Goods 0.33
Regular Plan - Growth Option 19.659 • ITC Ltd. Consumer Non Durables 2.09 Siemens Ltd. Industrial Capital Goods 0.31
Regular Plan - Dividend Option 14.599 Vedanta Ltd. Non - Ferrous Metals 1.74 Apollo Tyres Ltd. Auto Ancillaries 0.31
Regular Plan - Quarterly Dividend Option 13.972
Direct Plan - Growth Option 20.061 Mahindra & Mahindra Ltd. Auto 1.68 Bajaj Auto Ltd. Auto 0.30
Direct Plan - Quarterly Dividend Option 15.201 ICICI Bank Ltd. Banks 1.55 Grasim Industries Ltd. Cement 0.30
Wholesale Plan Reliance Capital Ltd. Finance 1.42 Petronet LNG Ltd. Gas 0.30
Regular Plan - Dividend Option 10.505 Bharat Heavy Electricals Ltd. Industrial Capital Goods 1.21 IRB Infrastructure Developers Ltd Construction 0.29
Regular Plan - Monthly Dividend Option 10.886 Housing Development Finance Ujjivan Financial Services Ltd. Finance 0.29
Direct Plan - Growth Option 12.655 Corporation Ltd.£ Finance 1.16 IDFC Bank Ltd. Banks 0.29
Direct Plan - Monthly Dividend Option 10.503 Divi's Laboratories Ltd. Pharmaceuticals 1.01 Hindustan Petroleum
Hindalco Industries Ltd. Non - Ferrous Metals 0.83 Corporation Ltd. Petroleum Products 0.28
aSSETS UNDER MANAGEMENT (`) IN CRORE LIC Housing Finance Ltd. Finance 0.27
Tata Motors Ltd. DVR Auto 0.83
As on July 31, 2017 4,645.90 Ashok Leyland Ltd Auto 0.27
Average for Month of July, 2017 4,235.62 Oil & Natural Gas Corporation Ltd. Oil 0.82
Power Finance Corporation Ltd. Finance 0.82 Tata Elxsi Ltd. Software 0.26
l quantitative data Multi Commodity Exchange of
Tata Chemicals Ltd. Chemicals 0.79
Portfolio Turnover Ratio (Last 1 year) 281.02% India Ltd. Finance 0.24
JSW Steel Ltd. Ferrous Metals 0.77
Total Expense Ratio (Weighted Average for the month) Dewan Housing Finance Corp. Ltd. Finance 0.23
IDFC Ltd. Finance 0.76
Excluding Goods and Service Tax on Management Fees UltraTech Cement Ltd. Cement 0.23
Ambuja Cements Ltd. Cement 0.75
Regular: 0.75% Direct: 0.25% United Spirits Ltd. Consumer Non Durables 0.23
Shriram Transport Finance Co. Ltd. Finance 0.70
Jindal Steel & Power Ltd. Ferrous Metals 0.22
l #BENCHMARK INDEX: Crisil Liquid Fund Index Axis Bank Ltd. Banks 0.68
l ##addl. BENCHMARK INDEX: NIFTY 50 Index Arvind Ltd. Textile Products 0.22
Fortis Healthcare Limited Healthcare Services 0.67
India Cements Ltd. Cement 0.22
l Exit Load Glenmark Pharmaceuticals Ltd. Pharmaceuticals 0.66
NMDC Limited Minerals/Mining 0.21
l In respect of each purchase / switch-in of Units, an Exit Century Textiles & Industries Ltd. Cement 0.66
Load of 0.25% is payable if Units are redeemed / switched- ICICI Prudential Life Insurance
Indiabulls Real Estate Ltd. Construction 0.66 Company Ltd. Finance 0.20
out within 1 month from the date of allotment. Tata Power Co. Ltd. Power 0.60
l No Exit Load is payable if Units are redeemed / switched- MRF Ltd. Auto Ancillaries 0.20
out after 1 month from the date of allotment. Reliance Infrastructure Ltd. Power 0.60 Federal Bank Ltd. Banks 0.19
For further details, please refer to para ‘Exit Load’ on Pg 51. Adani Ports and Special Tata Communications Ltd. Telecom - Services 0.19
Rural Electrification Corporation Ltd. Finance 0.19
(Wholesale Plan) - Regular Plan, (Wholesale Plan) - Direct Plan. Hindustan Zinc Ltd. Non - Ferrous Metals 0.58
Bata India Ltd. Consumer Durables 0.18
Under Each Plan : Growth & Dividend. Dividend Option offers Yes Bank Ltd. Banks 0.57
Monthly Dividend Option and Normal Dividend Option with DLF Ltd. Construction 0.18
State Bank of India Banks 0.54
Payout and Reinvestment facility. Tata Global Beverages Ltd. Consumer Non Durables 0.18
Lupin Ltd. Pharmaceuticals 0.51
l Minimum Application Amount Mangalore Refinery and
Bharti Infratel Ltd. Telecom - Equipment & Petrochemicals Ltd. Petroleum Products 0.17
Purchase/Additional Purchase: ` 1 lakh and any amount thereafter. Accessories 0.48
Kotak Mahindra Bank Ltd. Banks 0.15
Manappuram Finance Ltd. Finance 0.48
l Redemption Proceeds CanFin Homes Ltd Finance 0.16
Tech Mahindra Ltd. Software 0.46
Normally despatched within 3-4 Business Days. Power Grid Corporation of
Bajaj Finance Ltd. Finance 0.45 India Ltd. Power 0.13
Mr Rakesh Vyas (Total Experience: Over 10 years). Bosch Ltd. Auto Ancillaries 0.42 UPL Ltd. Pesticides 0.13
Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of July 31, 2017 unless otherwise specified. ....Contd on next page
HDFC Arbitrage Fund (An open-ended equity scheme) Contd...
Industry Allocation of Equity Holding Portfolio
(% of Net Assets) Company Industry+ / Rating % to NAV Company Industry+ / Rating % to NAV
Housing Dev And NHPC Ltd. Power 0.02
Infrastructure Ltd Construction 0.12 Repco Home Finance Ltd Finance 0.02
Pharmaceuticals 12.23 Castrol India Ltd. Petroleum Products 0.12 Colgate Palmolive (India) Ltd. Consumer Non Durables 0.01
Finance 8.15 Capital First Ltd. Finance 0.11 Chennai Petroleum Corp Ltd. Petroleum Products 0.01
Software 6.40 NBCC (INDIA) Ltd. Construction 0.11 Reliance Defence and
Coal India Ltd. Minerals/Mining 0.10 Engineering Ltd. Industrial Capital Goods 0.01
Auto 5.92 Indraprastha Gas Ltd. Gas 0.10 Marico Ltd. Consumer Non Durables 0.01
Ferrous Metals 4.31 Reliance Industries Ltd. Petroleum Products 0.10 Godfrey Phillips India Ltd. Consumer Non Durables 0.01
Banks 3.99 Strides Shasun Limited Pharmaceuticals 0.10 Bharat Financial Inclusion Ltd. Finance 0.01
Jain Irrigation Systems Ltd. Industrial Products 0.09 Engineers India Limited Construction Project 0.01
Non - Ferrous Metals 3.19 Eicher Motors Ltd. Auto 0.09 Adani Power Ltd. (Secured by
Consumer Non Durables 3.12 Ajanta Pharma Ltd. Pharmaceuticals 0.09 Shares of Adani Port & SEZ Ltd.) Power 0.01
Reliance Power Ltd. Power 0.01
Media And Entertainment 2.93 Bajaj Finserv Limited Finance 0.09
Apollo Hospitals Enterprise Ltd. Healthcare Services 0.09 Container Corporation of
Cement 2.24 Oracle Financial Services
India Ltd. Transportation 0.01
Titan Company Ltd. Consumer Durables 0.01
Industrial Capital Goods 1.90 Software Ltd. Software 0.08
Havells India Ltd. Consumer Durables 0.08 Mahanagar Gas Ltd. Gas 0.01
Power 1.82 Indo Count Industries Ltd. Textiles - Cotton @
Steel Authority of India Ltd. Ferrous Metals 0.08
Construction 1.43 Mahindra & Mahindra Suzlon Energy Ltd. Industrial Capital Goods @
Auto Ancillaries 1.04 Financial Services Ltd. Finance 0.07 Sub Total 66.02
GAIL (India) Ltd. Gas 0.07 Debt & Debt Related
Transportation 0.97 Kajaria Ceramics Ltd. Construction 0.07 Money Market Instruments
Oil 0.86 JSW Energy Ltd. Power 0.07 CD/CP
Chemicals 0.79 Reliance Communications Ltd. Telecom - Services 0.07 Aditya Birla Finance Ltd. ICRA - A1+ 1.17
United Breweries Ltd. Consumer Non Durables 0.06 Small Industries Development
Healthcare Services 0.76 ACC Ltd. Cement 0.06 Bank of India CARE - A1+ 1.07
Petroleum Products 0.68 Exide Industries Ltd. Auto Ancillaries 0.06 Au Small Finance Bank Ltd. FITCH - A1+ 1.07
Infibeam Incorporation Ltd. Software 0.06 L&T Finance Limited CARE - A1+ 1.06
Telecom - Services 0.63 Tata Housing Development
Larsen & Toubro Ltd. Construction Project 0.06 Company Ltd CARE - A1+ 0.22
Industrial Products 0.49 Muthoot Finance Ltd Finance 0.06 Sundaram Finance Ltd. CRISIL - A1+ 0.21
Gas 0.48 Godrej Industries Ltd. Consumer Non Durables 0.06 JM Financial Products Ltd. ICRA - A1+ 0.21
Telecom - Equipment & Accessories 0.48 Gujarat State Fertilizers & CanFin Homes Ltd ICRA - A1+ 0.11
Chemicals Ltd. Fertilisers 0.05
Minerals/Mining 0.31 MindTree Limited Software 0.05 Reliance Industries Ltd. ICRA - A1+ 0.11
Cummins India Ltd. Industrial Products 0.05 Kotak Mahindra Prime Ltd. CRISIL - A1+ 0.11
Consumer Durables 0.30 Kotak Mahindra Investments Ltd. CRISIL - A1+ 0.11
Raymond Ltd. Textile Products 0.05
Textile Products 0.29 NCC Ltd. Construction Project 0.04 Sub Total 5.45
Pesticides 0.13 Oil India Ltd. Oil 0.04 Credit Exposure
Wockhardt Ltd. Pharmaceuticals 0.04 • Tata Capital Financial
Construction Project 0.11 Services Ltd. ICRA - AA+ 3.24
V-Guard Industries Ltd. Industrial Capital Goods 0.04 • Vedanta Ltd. CRISIL - AA 2.23
Fertilisers 0.05 Nestle India Ltd. Consumer Non Durables 0.04 L&T Finance Limited CARE - AA+ 1.83
Trading 0.02 National Aluminium TATA Capital Housing Finance Ltd. CRISIL - AA+ 1.09
Company Ltd. Non Ferrous Metal 0.04
0 2 4 6 8 10 12 14 PC Jeweller Ltd. Consumer Durables 0.03 Shriram Transport Finance Co. Ltd. CRISIL - AA+ 1.08
Berger Paints (I) Ltd. Consumer Non Durables 0.03 Syndicate Bank CARE - AA- 0.54
Kaveri Seed Company Ltd. Consumer Non Durables 0.03 BMW India Financial
Services Pvt. Ltd. CRISIL - AAA 0.32
Tata Consultancy Services Ltd. Software 0.03 HDB Financial Services Ltd. CRISIL - AAA 0.01
Motherson Sumi Systems Ltd. Auto Ancillaries 0.03 Sub Total 10.34
Max Financial Services Limited Finance 0.02 Short Term Deposits as margin for Futures & Options 13.14
Torrent Power Ltd. Power 0.02 Cash margin / Earmarked cash for Futures & Options 0.50
The Ramco Cements Ltd. Cement 0.02 Cash, Cash Equivalents and Net Current Assets 4.55
Karnataka Bank Ltd. Banks 0.02
Adani Enterprises Limtied Trading 0.02 Grand Total 100.00
SRF Ltd. Textile Product 0.02 • Top Ten Holdings, £ Co-sponsor, @ less than 0.01%
Amara Raja Batteries Ltd. Auto Ancillaries 0.02 Outstanding exposure in
KPIT Technologies Ltd. Software 0.02 derivative instruments (` in Crore) (3,075.67)
Just Dial Ltd. Software 0.02 Hedged position in Equity & Equity related instruments
Granules India Ltd. Pharmaceuticals 0.02 Outstanding derivative exposure (% age) (66.20)

l Income over short term. Performance^ - Wholesale Plan - Regular Plan - Growth Option
l Income through arbitrage opportunities between cash and
derivative market and arbitrage opportunities within the
derivative segment. Returns Returns Benchmark Scheme (`) Benchmark Additional
Riskometer (%) (%)# Returns (`)# Benchmark
(%) ## (`)##
Jul 29, 16 Last 1 Year 6.06 6.79 16.56 10,609 10,683 11,665
Jul 31, 14 Last 3 Years 6.74 7.78 9.27 12,165 12,522 13,051
Jul 31, 12 Last 5 Years 7.35 8.23 14.01 14,261 14,855 19,272
Returns greater than 1 year period are compounded annualized (CAGR). Scheme performance is not strictly 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,
Investors understand that their principal will be at moderately etc. For performance of other schemes managed by Krishan Kumar Daga, please refer page 51. Different plans viz. Regular Plan and Direct
low risk Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution
expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 63.
~ Investors should consult their financial advisers if in doubt
Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, CD - Certificate of Deposit; CP - Commercial Papers, Data is as of July 31, 2017 unless otherwise specified.
HDFC Index Fund SENSEX Plan (An open-ended Index Linked scheme)
The objective of this Plan is to generate returns that are Company Industry+ % to Company Industry+ % to
commensurate with the performance of the SENSEX, subject NAV NAV
to tracking errors.
Equity & Equity Related Wipro Ltd. Software 1.18
l Fund Manager Adani Ports and Special
• HDFC Bank Ltd. Banks 11.64 Economic Zone Ltd. Transportation 1.14
Krishan Kumar Daga (since October 19, 15)
Total Experience: Over 21 years • Housing Development Coal India Ltd. Minerals/Mining 1.00
Finance Corporation Ltd.£ Finance 9.13
l Inception Date (Date of Allotment) Dr. Reddy's Laboratories Ltd. Pharmaceuticals 0.94
• Reliance Industries Ltd. Petroleum Products 8.61
July 17, 2002
• ITC Ltd. Consumer Non Durables 7.80
NAV (as on July 31, 2017) NAV per Unit (`) Lupin Ltd. Pharmaceuticals 0.79
• Infosys Ltd. Software 6.50
Regular Plan - Growth Option 284.7537 Tata Motors Ltd. DVR Auto 0.42
Direct Plan - Growth Option 287.4745 • ICICI Bank Ltd. Banks 6.23
• Larsen & Toubro Ltd. Construction Project 4.62 Total 99.44
aSSETS UNDER MANAGEMENT (`) IN CRORE
As on July 31, 2017 106.03 • Tata Consultancy Services Ltd. Software 4.27 Cash, Cash Equivalents and Net Current Assets 0.56
• Kotak Mahindra Bank Ltd. Banks 3.56
Grand Total 100.00
l quantitative data • State Bank of India Banks 3.47
• Top Ten Holdings, £ Co-sponsor
Portfolio Turnover Ratio (Last 1 year) 29.35% Maruti Suzuki India Ltd. Auto 3.30
l tRACKING ERROR Axis Bank Ltd. Banks 2.80
Industry Allocation of Equity Holding (% of Net Assets)
Annualised tracking error is calculated based on daily rolling Tata Motors Ltd. Auto 2.77 Banks 27.70
returns for the last 12 months: 0.10%
Hindustan Unilever Ltd. Consumer Non Durables 2.65 Consumer Non Durables 12.13
Total Expense Ratio (Weighted Average for the month) Software 11.95
Excluding Goods and Service Tax on Management Fees Mahindra & Mahindra Ltd. Auto 2.10
Regular: 0.30% Direct: 0.15% Sun Pharmaceuticals Auto 11.32
Industries Ltd. Pharmaceuticals 1.85 Finance 9.13
l #BENCHMARK INDEX: S&P BSE Sensex (Total Returns Index)
Bharti Airtel Ltd. Telecom - Services 1.77 Petroleum Products 8.61
Asian Paints Limited Consumer Non Durables 1.68 Construction Project 4.62
l Exit Load Power Grid Corporation of Pharmaceuticals 4.49
l In respect of each purchase / switch-in of Units, an Exit India Ltd. Power 1.58
Load of 1.00% is payable if Units are redeemed / switched- Power 2.89
Hero MotoCorp Ltd. Auto 1.50
out within 30 days from the date of allotment. Telecom - Services 1.77
l No Exit Load is payable if Units are redeemed / switched- Oil & Natural Gas
Corporation Ltd. Oil 1.47 Oil 1.47
out after 30 days from the date of allotment.
For further details, please refer to para ‘Exit Load’ on Pg 51. NTPC Ltd. Power 1.31 Ferrous Metals 1.22
Bajaj Auto Ltd. Auto 1.23 Transportation 1.14

l PlanS & Options
Tata Steel Ltd. Ferrous Metals 1.22 Minerals/Mining 1.00
Regular Plan, Direct Plan. Each Plan offers Growth Option only.
0 5 10 15 20 25 30
Mkt Value as on July 31, 2017 (` ‘000) 5,241.29 5,152.75 2,128.45 841.71 435.29 136.95
l Returns that are commensurate with the performance of the after accounting for the cash flow by using XIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above
SENSEX, subject to tracking errors over long term.
l Investment in equity securities covered by the SENSEX. Performance^ - Regular Plan - Growth Option
(`)##
Jul 29, 16 Last 1 Year 16.88 17.34 16.56 11,698 11,744 11,665
Jul 31, 14 Last 3 Years 9.03 9.39 9.27 12,966 13,092 13,051
Jul 31, 12 Last 5 Years 14.57 15.22 14.01 19,746 20,313 19,272
Jul 17, 02 Since Inception 15.59 18.57 16.34 88,540 129,839 97,594
Investors understand that their principal will be at Returns greater than 1 year period are compounded annualized (CAGR). Since inception returns are calculated on ` 32.1610 (allotment
price). For performance of other schemes managed by Krishan Kumar Daga, please refer page 51. Different plans viz. Regular Plan and Direct
moderately high risk Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution
~ Investors should consult their financial advisers if in doubt expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 63.
Face Value per Unit: ` 32.1610, + Industry Classification as recommended by AMFI, Data is as of July 31, 2017 unless otherwise specified.
HDFC Index Fund NIFTY Plan (An open-ended Index Linked scheme)
The objective of this Plan is to generate returns that are Company Industry+ % to Company Industry+ % to
commensurate with the performance of the NIFTY, subject NAV NAV
to tracking errors.
Equity & Equity Related Cipla Ltd. Pharmaceuticals 0.75
• HDFC Bank Ltd. Banks 9.50 Bharti Infratel Ltd. Telecom - Equipment &
l Fund Manager Accessories 0.74
• Housing Development
Krishan Kumar Daga (since October 19, 15) Finance Corporation Ltd.£ Finance 7.47 Lupin Ltd. Pharmaceuticals 0.65
Total Experience: Over 21 years GAIL (India) Ltd. Gas 0.64
l Inception Date (Date of Allotment) • ITC Ltd. Consumer Non Durables 6.37 Tech Mahindra Ltd. Software 0.63
• Infosys Ltd. Software 5.31 Bosch Ltd. Auto Ancillaries 0.58
July 17, 2002 • ICICI Bank Ltd. Banks 5.09 Aurobindo Pharma Ltd. Pharmaceuticals 0.53
• Larsen & Toubro Ltd. Construction Project 3.86 Ambuja Cements Ltd. Cement 0.51
NAV (as on July 31, 2017) NAV per Unit (`) • Tata Consultancy Services Ltd. Software 3.48 Bank of Baroda Banks 0.41
Regular Plan - Growth Option 90.1622 • Kotak Mahindra Bank Ltd. Banks 3.26 Tata Power Co. Ltd. Power 0.39
Direct Plan - Growth Option 90.8622 • State Bank of India Banks 3.05 ACC Ltd. Cement 0.38
Maruti Suzuki India Ltd. Auto 2.71
aSSETS UNDER MANAGEMENT (`) IN CRORE Tata Motors Ltd. DVR Auto 0.35
Axis Bank Ltd. Banks 2.32
Tata Motors Ltd. Auto 2.19 Total 100.10
As on July 31, 2017 262.74
Average for Month of July, 2017 258.07 Indusind Bank Ltd. Banks 2.17 Cash, Cash Equivalents and Net Current Assets -0.10
Hindustan Unilever Ltd. Consumer Non Durables 2.17 Grand Total 100.00
l quantitative data Yes Bank Ltd. Banks 1.74
Mahindra & Mahindra Ltd. Auto 1.72 • Top Ten Holdings, £ Co-sponsor
Sun Pharmaceuticals
Industries Ltd. Pharmaceuticals 1.54 Industry Allocation of Equity Holding (% of Net Assets)
l tRACKING ERROR
Bharti Airtel Ltd. Telecom - Services 1.45
Annualised tracking error is calculated based on daily rolling Asian Paints Limited Consumer Non Durables 1.38 Banks 27.54
returns for the last 12 months: 0.09% Vedanta Ltd. Non - Ferrous Metals 1.37 Software 11.72
HCL Technologies Ltd. Software 1.34 Auto 10.27
Total Expense Ratio (Weighted Average for the month) Power Grid Corporation of Consumer Non Durables 9.92
Excluding Goods and Service Tax on Management Fees India Ltd. Power 1.29 Petroleum Products 8.99
Regular: 0.30% Direct: 0.15% Oil & Natural Gas Corporation Ltd. Oil 1.26 Finance 8.47
Hero MotoCorp Ltd. Auto 1.25 Pharmaceuticals
l #BENCHMARK INDEX: NIFTY 50 Index (Total Returns Index) 4.23
UltraTech Cement Ltd. Cement 1.11
l ##addl. BENCHMARK INDEX: S&P BSE SENSEX NTPC Ltd. Power 1.07
Power 2.75
Eicher Motors Ltd. Auto 1.05
Bajaj Auto Ltd. Auto 1.00 Non - Ferrous Metals 2.21
l Exit Load Tata Steel Ltd. Ferrous Metals 1.00 Cement 2.00
l In respect of each purchase / switch-in of Units, an Exit Indiabulls Housing Finance Ltd. Finance 1.00 Telecom - Services 1.45
Load of 1.00% is payable if Units are redeemed / switched- Indian Oil Corporation Ltd. Petroleum Products 0.98 Oil 1.26
out within 3 months from the date of allotment. Bharat Petroleum Corporation Ferrous Metals 1.00
l No Exit Load is payable if Units are redeemed / switched- Ltd. Petroleum Products 0.97 Minerals/Mining 0.85
out after 3 months from the date of allotment. Wipro Ltd. Software 0.96 Transportation 0.84
For further details, please refer to para ‘Exit Load’ on Pg 51. Coal India Ltd. Minerals/Mining 0.85 Media And Entertainment 0.78
Hindalco Industries Ltd. Non - Ferrous Metals 0.84 Telecom - Equipment & Accessories 0.74
Adani Ports and Special Gas 0.64
Regular Plan, Direct Plan. Each Plan offers Growth Option only. Zee Entertainment Enterprises Ltd. Media & Entertainment 0.78
Dr. Reddy's Laboratories Ltd. Pharmaceuticals 0.76 0 5 10 15 20 25 30
l Returns that are commensurate with the performance of the
NIFTY, subject to tracking errors over long term.
l Investment in equity securities covered by the NIFTY. Performance^ - Regular Plan - Growth Option
(`)##
Jul 29, 16 Last 1 Year 17.28 18.05 15.82 11,738 11,816 11,591
Jul 31, 14 Last 3 Years 10.09 10.60 7.88 13,345 13,534 12,556
Jul 31, 12 Last 5 Years 14.80 15.41 13.53 19,946 20,481 18,864
Investors understand that their principal will be at Returns greater than 1 year period are compounded annualized (CAGR). Since inception returns are calculated on ` 10.3260 (allotment
price). For performance of other schemes managed by Krishan Kumar Daga, please refer page 51. Different plans viz. Regular Plan and Direct
moderately high risk Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution
~ Investors should consult their financial advisers if in doubt expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 63.
HDFC Index Fund SENSEX Plus Plan (An open-ended Index Linked scheme)
The objective of this Plan is to invest 80% to 90% of the net Company Industry+ % to Company Industry+ % to
assets of the Plan in companies whose securities are included NAV NAV
in SENSEX and between 10% & 20% of the net assets in
companies whose securities are not included in the SENSEX. Equity & Equity Related Wipro Ltd. Software 1.01
Adani Ports and Special
• HDFC Bank Ltd. Banks 9.96 Economic Zone Ltd. Transportation 0.97
l Fund Manager
• Housing Development Coal India Ltd. Minerals/Mining 0.85
Krishan Kumar Daga (since October 19, 15) Finance Corporation Ltd.£ Finance 7.82
Total Experience: Over 21 years Dr. Reddy's Laboratories Ltd. Pharmaceuticals 0.81
l Inception Date (Date of Allotment) • ITC Ltd. Consumer Non Durables 6.68
Allahabad Bankl Banks 0.71
July 17, 2002 • Infosys Ltd. Software 5.56
NAV (as on July 31, 2017) NAV per Unit (`) Aditya Birla Capital ltd. Finance 0.41
• Larsen & Toubro Ltd. Construction Project 3.95
Regular Plan - Growth Option 441.8285 Tata Motors Ltd. DVR Auto 0.36
• Tata Consultancy Services Ltd. Software 3.65
Direct Plan - Growth Option 447.8316 Total 99.65
• Kotak Mahindra Bank Ltd. Banks 3.05
aSSETS UNDER MANAGEMENT (`) IN CRORE • State Bank of India Banks 2.97 Cash, Cash Equivalents and Net Current Assets 0.35
As on July 31, 2017 113.34 Solar Industries India Ltd.l Chemicals 2.84
Grand Total 100.00
Average for Month of July, 2017 111.25 Maruti Suzuki India Ltd. Auto 2.82
• Top Ten Holdings, £ Co-sponsor, lNon Sensex Scrips
l quantitative data
Tata Motors Ltd. Auto 2.37
Hindustan Unilever Ltd. Consumer Non Durables 2.27 Industry Allocation of Equity Holding (% of Net Assets)
Total Expense Ratio (Weighted Average for the month) Birla Corporation Ltd.l Cement 2.25
Excluding Goods and Service Tax on Management Fees Banks 25.88
Bharat Petroleum
Consumer Non Durables 10.39
Regular: 1.00% Direct: 0.75% Corporation Ltd.l Petroleum Products 2.24
Software 10.22
Grasim Industries Ltd.l Cement 2.12
l #BENCHMARK INDEX: S&P BSE Sensex (Total Returns Index) Auto 9.69
Mahindra & Mahindra Ltd. Auto 1.80
l ##addl. BENCHMARK INDEX: NIFTY 50 Index Sun Pharmaceuticals
Industries Ltd. Pharmaceuticals 1.58 Finance 8.23
Bharti Airtel Ltd. Telecom - Services 1.52 Cement 4.37
l Exit Load
Bayer Cropscience Ltd.l Pesticides 1.49 Construction Project 3.95
Load of 1.00% is payable if Units are redeemed / switched- Canara Bankl Banks 1.46 Pharmaceuticals 3.85
out within 30 days from the date of allotment. Asian Paints Limited Consumer Non Durables 1.44
Chemicals 2.84
l No Exit Load is payable if Units are redeemed / switched- Power 2.47
Power Grid Corporation of
out after 30 days from the date of allotment. India Ltd. Power 1.35 Telecom - Services 1.52
For further details, please refer to para ‘Exit Load’ on Pg 51. Hero MotoCorp Ltd. Auto 1.29 Pesticides 1.49
Oil & Natural Gas Oil 1.26
l PlanS & Options Corporation Ltd. Oil 1.26 Ferrous Metals 1.05
Regular Plan, Direct Plan. Each Plan offers Growth Option only. NTPC Ltd. Power 1.12 Industrial Products 1.01
l Minimum Application Amount Bajaj Auto Ltd. Auto 1.05 Transportation 0.97
Tata Steel Ltd. Ferrous Metals 1.05 Minerals/Mining 0.85
Additional Purchase : ` 1,000 and any amount thereafter. Kirloskar Pneumatic Ltd.l Industrial Products 1.01 0 5 10 15 20 25 30

This product is suitable for investors who are seeking ~ Benchmark Returns (Annualised) (%) # 15.32 15.25 11.69 14.01 13.08 27.97
l Capital appreciation over long term. Addl. Benchmark Ret. (Annualised) (%) ## 13.63 13.57 11.01 13.26 12.60 26.58
l Investment in equity securities of 80% to 90% of the net after accounting for the cash flow by using XIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above
assets of the Plan in companies whose securities are included investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
in SENSEX and between 10% & 20% of the net assets in
companies whose securities are not included in the SENSEX. Performance^ - Regular Plan - Growth Option
(`)##
Jul 29, 16 Last 1 Year 18.22 17.34 16.56 11,833 11,744 11,665
Jul 31, 14 Last 3 Years 9.79 9.39 9.27 13,239 13,092 13,051
Jul 31, 12 Last 5 Years 14.86 15.22 14.01 20,000 20,313 19,272
Returns greater than 1 year period are compounded annualized (CAGR). Since inception returns are calculated on ` 32.1610. For performance
Investors understand that their principal will be at of other schemes managed by Krishan Kumar Daga, please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different
moderately high risk expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission
~ Investors should consult their financial advisers if in doubt charged in the Regular Plan. For Performance of Direct Plan, refer page no. 63.
HDFC SENSEX ETF (An open-ended Exchange Traded Fund)
To provide investment returns that, before expenses, closely Company Industry+ % to Company Industry+ % to
correspond to the total returns of the Securities as represented NAV NAV
by the S&P BSE SENSEX Index subject to tracking errors.
l Fund Manager Equity & Equity Related Wipro Ltd. Software 1.18
Krishan Kumar Daga (since December 09, 15) Adani Ports and Special
Total Experience: Over 21 years • HDFC Bank Ltd. Banks 11.63 Economic Zone Ltd. Transportation 1.13
l Inception Date (Date of Allotment) • Housing Development Coal India Ltd. Minerals/Mining 0.99
December 09, 2015 Finance Corporation Ltd.£ Finance 9.13
Dr. Reddy's Laboratories Ltd. Pharmaceuticals 0.94
NAV (as on July 31, 2017) NAV per Unit (`) • Reliance Industries Ltd. Petroleum Products 8.60
Growth Option 3,335.38 • ITC Ltd. Consumer Non Durables 7.80
aSSETS UNDER MANAGEMENT (`) IN CRORE • Infosys Ltd. Software 6.50
As on July 31, 2017 28.30 Tata Motors Ltd. DVR Auto 0.42
Average for Month of July, 2017 27.68 • ICICI Bank Ltd. Banks 6.22
Total 99.35
l quantitative data • Larsen & Toubro Ltd. Construction Project 4.61
Portfolio Turnover Ratio (Last 1 year) 126.17% • Tata Consultancy Services Ltd. Software 4.27 Cash, Cash Equivalents and Net Current Assets 0.65
l tRACKING ERROR • Kotak Mahindra Bank Ltd. Banks 3.56 Grand Total 100.00
Annualised tracking error is calculated based on daily rolling
returns for the last 12 months: 0.05% • State Bank of India Banks 3.47
Total Expense Ratio (Weighted Average for the month) Maruti Suzuki India Ltd. Auto 3.29
Axis Bank Ltd. Banks 2.80 Industry Allocation of Equity Holding (% of Net Assets)
HDFC Sensex ETF 0.05%
Tata Motors Ltd. Auto 2.76 Banks 27.68
l #BENCHMARK INDEX: S&P BSE SENSEX Index (Total Returns Index)
Hindustan Unilever Ltd. Consumer Non Durables 2.65 Consumer Non Durables 12.13
Mahindra & Mahindra Ltd. Auto 2.10 Software 11.95
l Exit Load
For Creation Unit Size: Sun Pharmaceuticals Auto 11.30
l No Exit load will be levied on redemptions made by Industries Ltd. Pharmaceuticals 1.85
Authorised Participants / Large Investors directly with the Finance 9.13
Fund in Creation Unit Size. Bharti Airtel Ltd. Telecom - Services 1.77
For other than Creation Unit Size: Asian Paints Limited Consumer Non
l N.A. Durables 1.68 Construction Project 4.61
The Units of HSETF in other than Creation Unit Size cannot Pharmaceuticals 4.49
be directly redeemed with the Fund. Power Grid Corporation of
India Ltd. Power 1.58 Power 2.88
These Units can be redeemed (sold) on a continuous basis on
the NSE and BSE during the trading hours on all trading days. Hero MotoCorp Ltd. Auto 1.50 Telecom - Services 1.77
Refer SID for further details.
Oil & Natural Gas Oil 1.47
For further details, please refer to para ‘Exit Load’ on Pg 51. Corporation Ltd. Oil 1.47
Ferrous Metals 1.22
l PlanS & Options NTPC Ltd. Power 1.30
HDFC SENSEX ETF. Presently the Scheme does not offer any Transportation 1.13
Plans / Options for investment Bajaj Auto Ltd. Auto 1.23
Minerals/Mining 0.99
l Minimum Application Amount (Under each Plan / Option) Tata Steel Ltd. Ferrous Metals 1.22
0 5 10 15 20 25 30
Authorised Participants / Large Investors: Application
for subscription of HSXETF Units in Creation Unit Size can
be made either:
(i) in exchange of the Portfolio Deposit; or
(ii) by depositing basket of securities comprising S&P BSE
SENSEX Index
Each Creation Unit Size will consist of 1,000 Units of HSXETF
and 1 Unit of HSXETF will be approximately equal to 1/10th
of the value of S&P BSE SENSEX Index.
Other investors (including Authorised Participants and
Large Investors): Units of HSXETF can be subscribed (in lots of
1 Unit) during the trading hours on all trading days on the
NSE and BSE on which the Units will be listed.

S&P BSE SENSEX, subject to tracking errors over long term.
l Investmentin equity securities covered by the S&P BSE
SENSEX.
Riskometer
Performance*^
(`)##
Jul 29, 16 Last 1 Year 17.33 17.34 16.56 11,744 11,744 11,665
Dec 09, 15 Since Inception 19.07 19.01 18.60 13,322 13,313 13,238
moderately high risk Returns are compounded annualized (CAGR). * The Scheme does not offer any Plans/Options. The Scheme is in existence for more than 1
~ Investors should consult their financial advisers if in doubt year but less than 3 years. For performance of other schemes managed by Krishan Kumar Daga, please refer page 51.
Face Value per Unit: ` 2,503.61, + Industry Classification as recommended by AMFI, Data is as of July 31, 2017 unless otherwise specified.
HDFC NIFTY ETF (An open-ended Exchange Traded Fund)
To provide investment returns that, before expenses, closely Company Industry+ % to Company Industry+ % to
correspond to the total returns of the Securities as represented NAV NAV
by the NIFTY 50 Index subject to tracking errors.
Equity & Equity Related Bharti Infratel Ltd. Telecom - Equipment &
l Fund Manager Accessories 0.74
Krishan Kumar Daga (since December 09, 15) • HDFC Bank Ltd. Banks 9.45
• Housing Development Lupin Ltd. Pharmaceuticals 0.65
Finance Corporation Ltd.£ Finance 7.43 GAIL (India) Ltd. Gas 0.63
l Inception Date (Date of Allotment) • Reliance Industries Ltd. Petroleum Products 7.00 Tech Mahindra Ltd. Software 0.63
December 09, 2015 • ITC Ltd. Consumer Non Durables 6.34 Bosch Ltd. Auto Ancillaries 0.58
• Infosys Ltd. Software 5.28 Aurobindo Pharma Ltd. Pharmaceuticals 0.53
NAV (as on July 31, 2017) NAV per Unit (`) • ICICI Bank Ltd. Banks 5.07 Ambuja Cements Ltd. Cement 0.51
Growth Option 1,027.35 • Larsen & Toubro Ltd. Construction Project 3.85 Bank of Baroda Banks 0.41
aSSETS UNDER MANAGEMENT (`) IN CRORE • Tata Consultancy Services Ltd. Software 3.47 Tata Power Co. Ltd. Power 0.39
• Kotak Mahindra Bank Ltd. Banks 3.25 ACC Ltd. Cement 0.38
As on July 31, 2017 171.76
Average for Month of July, 2017 167.33 • State Bank of India Banks 3.03 Tata Motors Ltd. DVR Auto 0.35
l quantitative data Axis Bank Ltd. Banks 2.31 Total 99.60
Portfolio Turnover Ratio (Last 1 year) 191.76% Tata Motors Ltd. Auto 2.18 Cash, Cash Equivalents and Net Current Assets 0.40
Indusind Bank Ltd. Banks 2.16 Grand Total 100.00
l tRACKING ERROR
Hindustan Unilever Ltd. Consumer Non Durables 2.16
Annualised tracking error is calculated based on daily rolling Yes Bank Ltd. Banks 1.73 • Top Ten Holdings, £ Co-sponsor
returns for the last 12 months: 0.08%
Mahindra & Mahindra Ltd. Auto 1.71
Total Expense Ratio (Weighted Average for the month) Sun Pharmaceuticals
Excluding Goods and Service Tax on Management Fees Industries Ltd. Pharmaceuticals 1.53 Industry Allocation of Equity Holding (% of Net Assets)
HDFC NIFTY ETF 0.05% Bharti Airtel Ltd. Telecom - Services 1.44
Asian Paints Limited Consumer Non Durables 1.37 Banks 27.41
l #BENCHMARK INDEX: NIFTY 50 Index (Total Returns Index) Vedanta Ltd. Non - Ferrous Metals 1.36 Software 11.66
l ##addl. BENCHMARK INDEX: S&P BSE SENSEX Index HCL Technologies Ltd. Software 1.33 Auto 10.22
Power Grid Corporation of Consumer Non Durables 9.87
l Exit Load India Ltd. Power 1.28 Petroleum Products 8.94
For Creation Unit Size: Oil & Natural Gas Corporation Ltd. Oil 1.25 Finance 8.42
l No Exit load will be levied on redemptions made by Hero MotoCorp Ltd. Auto 1.24
Authorised Participants / Large Investors directly with the Pharmaceuticals 4.20
Fund in Creation Unit Size. UltraTech Cement Ltd. Cement 1.11
NTPC Ltd. Power 1.06
For other than Creation Unit Size: Power 2.73
Eicher Motors Ltd. Auto 1.05
l N.A. Bajaj Auto Ltd. Auto 1.00 Non - Ferrous Metals 2.20
The Units of HNETF in other than Creation Unit Size cannot Tata Steel Ltd. Ferrous Metals 0.99 Cement 2.00
be directly redeemed with the Fund. Indiabulls Housing Finance Ltd. Finance 0.99 Telecom - Services 1.44
These Units can be redeemed (sold) on a continuous basis on Indian Oil Corporation Ltd. Petroleum Products 0.98 Oil 1.25
the NSE and BSE during the trading hours on all trading days. Bharat Petroleum Corporation Ltd. Petroleum Products 0.96 Ferrous Metals 0.99
Refer SID for further details. Wipro Ltd. Software 0.95 Minerals/Mining 0.85
For further details, please refer to para ‘Exit Load’ on Pg 51. Coal India Ltd. Minerals/Mining 0.85 Transportation 0.84
Hindalco Industries Ltd. Non - Ferrous Metals 0.84 Media And Entertainment 0.78
l PlanS & Options Adani Ports and Special Telecom - Equipment & Accessories 0.74
HDFC NIFTY ETF. Presently the Scheme does not offer any Economic Zone Ltd. Transportation 0.84
Plans / Options for investment Gas 0.63
Zee Entertainment Enterprises Ltd. Media & Entertainment 0.78
l Minimum Application Amount (Under each Plan / Option) Dr. Reddy's Laboratories Ltd. Pharmaceuticals 0.75
Cipla Ltd. Pharmaceuticals 0.74 0 5 10 15 20 25 30
Authorised Participants / Large Investors: Application
for subscription of HNETF Units in Creation Unit Size can
be made either:
(i) in exchange of the Portfolio Deposit; or
(ii) by depositing basket of securities comprising NIFTY 50 Index
Each Creation Unit Size will consist of 4,000 Units of HNETF
and 1 Unit of HNETF will be approximately equal to 1/10th
of the value of NIFTY 50 Index.
Other investors (including Authorised Participants and
Large Investors): Units of HNETF can be subscribed (in lots
of 1 Unit) during the trading hours on all trading days on the
NSE and BSE on which the Units will be listed.

NIFTY 50, subject to tracking errors over long term.
l Investment in equity securities covered by the NIFTY 50.
Riskometer
Performance*^
(`)##
Jul 29, 16 Last 1 Year 17.86 18.05 15.82 11,797 11,816 11,591
moderately high risk Returns are compounded annualized (CAGR). * The Scheme does not offer any Plans/Options. The Scheme is in existence for more than 1
~ Investors should consult their financial advisers if in doubt year but less than 3 years. For performance of other schemes managed by Krishan Kumar Daga, please refer page 51.
(An open-ended equity linked saving
HDFC Long Term Advantage Fund scheme with a lock-in period of 3 years)

To generate long term capital appreciation from a portfolio Company Industry+ % to Company Industry+ % to
that is invested predominantly in equity and equity related NAV NAV
instruments.
Equity & Equity Related Hexaware Technologies Ltd. Software 0.86
l Fund Manager ¥
• Reliance Industries Ltd. Petroleum Products 6.99 Voltas Ltd. Construction Project 0.60
Chirag Setalvad (since April 2, 07)
Total Experience: Over 17 years • ICICI Bank Ltd. Banks 6.55 Whirlpool of India Ltd. Consumer Durables 0.46
• HDFC Bank Ltd. Banks 6.43 eClerx Services Ltd. Software 0.44
• State Bank of India Banks 5.33 Allahabad Bank Banks 0.43
January 2, 2001
• Infosys Ltd. Software 5.04 Crompton Greaves
NAV (as on July 31, 2017) NAV per Unit (`) Consumer Elec. Ltd Consumer Durables 0.41
• Larsen & Toubro Ltd. Construction Project 4.75
Regular Plan - Growth Option 327.919 Bharat Heavy Electricals Ltd. Industrial Capital Goods 0.38
Regular Plan - Dividend Option 44.075 Finance Corporation Ltd.£ Finance 4.69 LG Balakrishnan & Bros Ltd. Auto Ancillaries 0.20
Direct Plan - Dividend Option 46.358 • Vesuvius India Ltd. Industrial Products 3.91 Crompton Greaves Ltd. Industrial Capital Goods 0.16
• Bharat Petroleum Total 96.55
aSSETS UNDER MANAGEMENT (`) IN CRORE Corporation Ltd. Petroleum Products 3.81
As on July 31, 2017 1,525.61 Cash, Cash Equivalents and Net Current Assets 3.45
• Balkrishna Industries Ltd. Auto Ancillaries 3.62
Average for Month of July, 2017 1,487.21 Grand Total 100.00
Elgi Equipments Ltd. Industrial Products 3.24
l quantitative data • Top Ten Holdings, £ Co-sponsor
Tata Consultancy Services Ltd. Software 3.19
Risk Ratio Industry Allocation of Equity Holding (% of Net Assets)
n Standard Deviation 3.948% ITC Ltd. Consumer Non Durables 3.09
n Beta 0.951 Blue Star Ltd. Consumer Durables 2.99 Banks 20.50
AIA Engineering Ltd. Industrial Products 2.85 Industrial Products 12.73
Computed for the 3-yr period ended July 31, 2017. Petroleum Products 10.80
Based on month-end NAV. Carborundum Universal Ltd. Industrial Products 2.73
* Risk free rate: 6.25% (Source: FIMMDA MIBOR) Maruti Suzuki India Ltd. Auto 2.54 Software 9.53
Total Expense Ratio (Weighted Average for the month) Oriental Carbon &
Excluding Goods and Service Tax on Management Fees Chemicals Ltd. Chemicals 2.25 Auto 7.15
Regular: 2.32% Direct: 1.66% Power Grid Corporation of Construction Project 5.35
India Ltd. Power 2.20 Finance 4.69
l #BENCHMARK INDEX: S&P BSE Sensex REDINGTON (INDIA) LIMITED Transportation 1.95 Consumer Durables 3.86
l ##addl. BENCHMARK INDEX: NIFTY 50 Index Motherson Sumi Systems Ltd. Auto Ancillaries 1.92 Consumer Non Durables 3.09
l Exit Load Bank of Baroda Banks 1.76 Chemicals 2.25
Nil Tube Investments of India Ltd. Auto Ancillaries 1.49 Power 2.20
V.S.T Tillers Tractors Ltd. Auto 1.46 Industrial Capital Goods 1.98
l PlanS & Options
Apar Industries Limited Industrial Capital Goods 1.44 Transportation 1.95
Tata Steel Ltd. Ferrous Metals 1.12 Ferrous Metals 1.12
Dividend. The Dividend Option offers Dividend Payout facility.
Telecom - Services 1.10
l Minimum Application Amount Bharti Airtel Ltd. Telecom - Services 1.10
Pharmaceuticals 1.02
Purchase : ` 500 and in multiples of ` 500 thereafter. IPCA Laboratories Ltd. Pharmaceuticals 1.02
0 5 10 15 20 25
Additional Purchase : ` 500 and in multiples of ` 500 thereafter.
l LOCK-IN PERIOD
3 years from the date of allotment of the respective Units SIP Performance^ - Regular Plan - Growth Option
¥ Dedicated Fund Manager for Overseas Investments: Since Inception 15 year 10 year 5 year 3 year 1 year
Mr Rakesh Vyas (Total Experience: Over 10 years). SIP SIP SIP SIP SIP SIP
instruments. Performance^ - Regular Plan - Growth Option
(`)##
Jul 29, 16 Last 1 Year 26.71 15.82 16.56 12,687 11,591 11,665
Jul 31, 14 Last 3 Years 14.91 7.88 9.27 15,180 12,556 13,051
Jul 31, 12 Last 5 Years 20.23 13.53 14.01 25,137 18,864 19,272
Jan 02, 01 Since Inception 23.42 13.43 13.29 327,919 80,905 79,235
Investors understand that their principal will be at Returns greater than 1 year period are compounded annualized (CAGR). For performance of other schemes managed by Chirag Setalvad,
HDFC TaxSaver (An open-ended equity linked saving scheme with a lock-in period of 3 years)
To achieve long term growth of capital. Company Industry+ / Rating % to NAV Company Industry+ / Rating % to NAV
Equity & Equity Related Sadbhav Infrastructure
l Fund Manager ¥
• State Bank of India Banks 8.10 Project Ltd Construction Project 0.09
• ICICI Bank Ltd. Banks 6.75 MT Educare Ltd. Diversified Consumer
Vinay Kulkarni (since November 21, 06) • HDFC Bank Ltd. Banks 6.38 Services 0.09
Total Experience: Over 27 years • Larsen & Toubro Ltd. Construction Project 5.62 Ambuja Cements Ltd. Cement 0.05
• Reliance Industries Ltd. Petroleum Products 4.35 Sub Total 94.56
l Inception Date (Date of Allotment) • Bharat Electronics Ltd. Industrial Capital Goods 3.14 Preference Shares
• KEC International Ltd. Construction Project 3.11 Vedanta Ltd. Non - Ferrous Metals 0.04
March 31, 1996 • Maruti Suzuki India Ltd. Auto 3.08
• Cipla Ltd. Pharmaceuticals 3.07 Sub Total 0.04
NAV (as on July 31, 2017) NAV per Unit (`) • Tata Steel Ltd. Ferrous Metals 3.05 Total 94.60
Regular Plan - Growth Option 512.630 Tata Motors Ltd. DVR Auto 2.99 Debt & Debt Related
Infosys Ltd. Software 2.69 Money Market Instruments
Regular Plan - Dividend Option 66.327 Sundram Fasteners Ltd. Auto Ancillaries 2.29
Direct Plan - Growth Option 526.738 Oracle Financial Services CD/CP
Direct Plan - Dividend Option 68.708 Software Ltd. Software 2.19 ICICI Bank Ltd. CARE - A1+ 2.59
Bharat Petroleum Corporation Ltd. Petroleum Products 2.17 Sub Total 2.59
aSSETS UNDER MANAGEMENT (`) IN CRORE NTPC Ltd. Power 2.11 Short Term Deposits as margin for Futures & Options 0.07
NHPC Ltd. Power 1.90 Cash margin / Earmarked cash for Futures & Options 2.59
As on July 31, 2017 6,690.89 Federal Bank Ltd. Banks 1.69
Crompton Greaves Cash,Cash Equivalents and Net Current Assets 0.15
Consumer Elec. Ltd Consumer Durables 1.64 Grand Total 100.00
l quantitative data Housing Development Finance
Corporation Ltd.£ Finance 1.60 • Top Ten Holdings, £ Co-sponsor
Portfolio Turnover Ratio (Last 1 year) 37.04% Punjab National Bank Banks 1.55 Outstanding exposure in
Risk Ratio India Ltd. Power 1.52 derivative instruments (` in Crore) 115.62
n Standard Deviation 4.546% Bank of Baroda Banks 1.52 Hedged position in Equity & Equity related instruments
n Beta 1.071 GAIL (India) Ltd. Gas 1.40 Outstanding derivative exposure (% age) 1.73
n Sharpe Ratio*
Indusind Bank Ltd. Banks 1.35
0.142 Century Textiles & Industries Ltd. Cement 1.29
Computed for the 3-yr period ended July 31, 2017. United Spirits Ltd. Consumer Non Durables 1.27
Sadbhav Engineering Ltd. Construction Project 1.25 Industry Allocation of Equity Holding (% of Net Assets)
Based on month-end NAV. Solar Industries India Ltd. Chemicals 1.21
* Risk free rate: 6.25% (Source: FIMMDA MIBOR) Adani Ports and Special Banks 27.97
Economic Zone Ltd. Transportation 1.21 Construction Project 10.84
Total Expense Ratio (Weighted Average for the month) Siemens Ltd. Industrial Capital Goods 1.08 Petroleum Products 6.64
Excluding Goods and Service Tax on Management Fees ITC Ltd. Consumer Non Durables 1.05
Tata Communications Ltd. Telecom - Services 0.96 Power 6.20
Regular: 2.17% Direct: 1.50% HSIL Limited Consumer Durables 0.92 Auto 6.07
Crompton Greaves Ltd. Industrial Capital Goods 0.81 Industrial Capital Goods 5.30
l #BENCHMARK INDEX: NIFTY 500 Index Carborundum Universal Ltd. Industrial Products 0.80 Software 4.88
Hindustan Construction Pharmaceuticals 4.21
l ##addl. BENCHMARK INDEX: NIFTY 50 Index Company Ltd. Construction Project 0.77 Ferrous Metals 3.05
Kirloskar Pneumatic Ltd. Industrial Products 0.71
Kalpataru Power Transmission Ltd. Power 0.67 Consumer Durables 2.56
l Exit Load Consumer Non Durables 2.46
Nil IPCA Laboratories Ltd. Pharmaceuticals 0.63 Auto Ancillaries 2.41
Birla Corporation Ltd. Cement 0.61 Cement 1.95
l PlanS & Options Aurobindo Pharma Ltd. Pharmaceuticals 0.51 Finance 1.60
The Indian Hotels Hotels, Resorts & Other
Regular Plan, Direct Plan. Under Each Plan : Growth & Company Ltd. Recreational Activities 0.49 Industrial Products 1.51
Dividend. The Dividend Option offers Dividend Payout facility. Delta Corp Ltd. Hotels, Resorts & Other Gas 1.40
Recreational Activities 0.41 Transportation 1.37
l Minimum Application Amount Vedanta Ltd. Non - Ferrous Metals 0.31 Chemicals 1.21
Rallis India Ltd. Pesticides 0.28 Telecom - Services 0.96
Purchase : ` 500 and in multiples of ` 500 thereafter. BEML Ltd. Industrial Capital Goods 0.27 Hotels, Resorts & Other Recreational Activities 0.90
Additional Purchase : ` 500 and in multiples of ` 500 thereafter. Dish TV India Ltd. Media & Entertainment 0.22
Siti Network Ltd. Media & Entertainment 0.17 Media And Entertainment 0.39
Transport Corporation of India Ltd. Transportation 0.16 Non - Ferrous Metals 0.35
l Redemption Proceeds MPS Ltd. Consumer Non Durables 0.14 Pesticides 0.28
Normally despatched within 3-4 Business Days (Redemption Dynamatic Technologies Ltd. Auto Ancillaries 0.12 Diversified Consumer Services 0.09
is subject to completion of Lock-in Period, if applicable). Mangalore Refinery and 0 5 10 15 20 25 30
Petrochemicals Ltd. Petroleum Products 0.12
l LOCK-IN PERIOD
3 years from the date of allotment of the respective Units SIP Performance^ - Regular Plan - Growth Option
¥ Dedicated Fund Manager for Overseas Investments: Since Inception 15 year 10 year 5 year 3 year 1 year
Mr Rakesh Vyas (Total Experience: Over 10 years). SIP SIP SIP SIP SIP SIP
Mkt Value as on July 31, 2017 (` ‘000) $$ 64,844.49 9,767.34 2,765.76 972.81 464.13 139.65
Returns (Annualised) (%) $$ 25.22 20.24 15.94 19.42 17.23 31.87
l Growth of capital over long term. investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
l Investment predominantly in equity and equity related Performance^ - Regular Plan - Growth Option
instruments.
(%) ## $$ (`)# Benchmark
(`)##
Jul 29, 16 Last 1 Year 26.92 19.84 16.56 12,709 11,996 11,665
Jul 31, 14 Last 3 Years 13.57 12.38 9.27 14,652 14,195 13,051
Jul 31, 12 Last 5 Years 19.23 16.33 14.01 24,104 21,310 19,272
Mar 31, 96 Since Inception 25.58 12.58 N.A. 1,293,151 125,595 N.A.
Investors understand that their principal will be at into Dividend & Growth Options are assumed to be reinvested in the units of the Scheme at the then prevailing NAV (ex-dividend NAV).
N.A.: Not Available. For performance of other schemes managed by Vinay Kulkarni, please refer page 51. Different plans viz. Regular Plan
moderately high risk and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the
~ Investors should consult their financial advisers if in doubt distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 59.
Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, CD - Certificate of Deposit; CP - Commercial Papers, Data is as of July 31, 2017 unless otherwise specified.
HDFC Children’s Gift Fund Investment Plan (An open-ended balanced scheme) Ωπ

To generate long term capital appreciation. Company Industry+ / Rating % to NAV Company Industry+ / Rating % to NAV
Equity & Equity Related CRISIL Ltd. Finance 0.22
l Fund Manager ¥ • HDFC Bank Ltd. Banks 5.49 Jyoti Structures Limited Power 0.10
• Reliance Industries Ltd. Petroleum Products 4.46 Crompton Greaves Ltd. Industrial Capital Goods 0.10
Chirag Setalvad (since April 2, 07) • ICICI Bank Ltd. Banks 3.51 Sub Total 72.30
Total Experience - Over 17 years • State Bank of India Banks 3.03 Preference Shares
• Infosys Ltd. Software 2.79 Vedanta Ltd. Non - Ferrous Metals 0.03
l Inception Date (Date of Allotment) • Motherson Sumi Systems Ltd. Auto Ancillaries 2.66 Sub Total 0.03
March 2, 2001 • Larsen & Toubro Ltd. Construction Project 2.65 Total 72.33
Bajaj Finance Ltd. Finance 2.00 Debt & Debt Related
NAV (as on July 31, 2017) NAV per Unit (`) Tube Investments of India Ltd. Auto Ancillaries 1.85 Government Securities
Britannia Industries Ltd. Consumer Non Durables 1.84 • 8.28 GOI 2027 Sovereign 2.34
Regular Plan 110.113 Vedanta Ltd. Non - Ferrous Metals 1.52 8.30 GOI 2040 Sovereign 1.85
Direct Plan 113.910 Voltas Ltd. Construction Project 1.48 8.32 GOI 2032 Sovereign 1.82
Fag Bearings India Ltd. Industrial Products 1.48 8.83 GOI 2023 Sovereign 1.43
aSSETS UNDER MANAGEMENT (`) IN CRORE Bharti Infratel Ltd. Telecom - Equipment & 8.12 GOI 2020 Sovereign 1.39
Accessories 1.47 8.24 GOI 2033 Sovereign 1.36
As on July 31, 2017 1,703.50 Housing Development Finance 6.35 GOI 2020 Sovereign 0.65
Average for Month of July, 2017 1,663.13 Corporation Ltd.£ Finance 1.47 8.08 GOI 2022 Sovereign 0.62
Maruti Suzuki India Ltd. Auto 1.46 8.30 GOI 2042 Sovereign 0.60
l quantitative data Swaraj Engines Ltd. Industrial Products 1.37 8.60 GOI 2028 Sovereign 0.33
Portfolio Turnover Ratio (Last 1 year) 2.98% Supreme Industries Ltd. Industrial Products 1.31 8.15 GOI 2022 Sovereign 0.25
Average Maturity * 7.49 years AIA Engineering Ltd. Industrial Products 1.31 7.16 GOI 2023 Sovereign 0.15
Modified Duration * 4.52 years Power Grid Corporation of Sub Total 12.79
Yield to Maturity * 7.29% India Ltd. Power 1.25 Credit Exposure
Indian Bank Banks 1.24 • Axis Bank Ltd. CRISIL - AA+ 5.92
* Computed on the invested amount for debt portfolio. Axis Bank Ltd. Banks 1.22 • Tata Motors Finance Ltd. CRISIL - AA 2.08
Century Plyboards (India) Ltd. Consumer Durables 1.15 Tata Sons Ltd. CRISIL - AAA 1.95
Total Expense Ratio (Weighted Average for the month) Carborundum Universal Ltd. Industrial Products 1.11 State Bank of India CRISIL - AA+ 0.60
Excluding Goods and Service Tax on Management Fees Navneet Education Ltd. Media & Entertainment 1.09 Vedanta Ltd. CRISIL - AA 0.30
Regular: 2.18% Direct: 1.23% Vesuvius India Ltd. Industrial Products 1.00 Sub Total 10.85
Tata Steel Ltd. Ferrous Metals 1.00 Cash, Cash Equivalents and Net Current Assets 4.03
Mahindra Holidays & Resorts Hotels, Resorts & Other Grand Total 100.00
l #BENCHMARK INDEX: CRISIL Balanced Fund - Aggressive Index Ind Ltd Recreational Activities 0.90
l ##addl. BENCHMARK INDEX: NIFTY 50 Index VST Industries Ltd. Consumer Non Durables 0.89 • Top Ten Holdings, £ Co-sponsor
PNC Infratech Ltd. Construction 0.85
l Exit Load V.S.T Tillers Tractors Ltd. Auto 0.85
Hexaware Technologies Ltd. Software 0.83 Industry Allocation of Equity Holding (% of Net Assets)
l For Units subject to Lock-in Period: NIL NIIT Technologies Ltd. Software 0.82
l For Units not subject to Lock-in Period: Torrent Pharmaceuticals Ltd. Pharmaceuticals 0.81 Banks 14.79
n 3.00% if the Units are redeemed / switched-out within Blue Star Ltd. Consumer Durables 0.80 Industrial Products 9.77
one year from the date of allotment; Finolex Industries Ltd. Industrial Products 0.79 Software 6.01
n 2.00% if the Units are redeemed / switched-out between SKF India Ltd. Industrial Products 0.76
the first and second year from the date of allotment; The Indian Hotels Hotels, Resorts & Other Auto Ancillaries 5.56
n 1.00% if the Units are redeemed / switched-out between Company Ltd. Recreational Activities 0.75 Construction Project 4.71
the second and third year from the date of allotment; Bharti Airtel Ltd. Telecom - Services 0.74 Petroleum Products 4.46
n Nil if the Units are redeemed / switched-out after third Zensar Technologies Ltd. Software 0.73 Finance 3.69
year from the date of allotment. Jagran Prakashan Ltd. Media & Entertainment 0.70 Auto 2.95
For further details, please refer to para ‘Exit Load’ on Pg 51. Cipla Ltd. Pharmaceuticals 0.66
Apollo Tyres Ltd. Auto Ancillaries 0.66 Consumer Durables 2.85
l PlanS & Options Hero MotoCorp Ltd. Auto 0.64 Consumer Non Durables 2.73
IFB Industries Ltd. Consumer Durables 0.64 Pharmaceuticals 2.55
Regular Plan, Direct Plan. Nil. Nilkamal Ltd. Industrial Products 0.64 Media And Entertainment 1.79
Rallis India Ltd. Pesticides 0.63
l Minimum Application Amount Sun Pharmaceuticals Industries Ltd. Pharmaceuticals 0.62 Hotels, Resorts & Other Recreational Activities 1.65
Purchase : ` 5,000 and any amount thereafter. eClerx Services Ltd. Software 0.59 Non - Ferrous Metals 1.55
Bayer Cropscience Ltd Pesticides 0.59 Telecom - Equipment & Accessories 1.47
Additional Purchase : ` 1,000 and any amount thereafter. Sadbhav Engineering Ltd. Construction Project 0.58 Power 1.35
IPCA Laboratories Ltd. Pharmaceuticals 0.46
l Redemption Proceeds GNA Axles Ltd. Auto Ancillaries 0.39 Pesticides 1.22
Normally despatched within 3-4 Business Days (Redemption Bharat Heavy Electricals Ltd. Industrial Capital Goods 0.31 Construction 1.08
is subject to completion of Lock-in Period, if opted). Allahabad Bank Banks 0.30 Ferrous Metals 1.00
Crompton Greaves Consumer Elec. Ltd Consumer Durables 0.26 Telecom - Services 0.74
l LOCK-IN PERIOD Persistent Systems Limited Software 0.25 Industrial Capital Goods 0.41
J.Kumar Infraprojects Ltd. Construction 0.23
If opted : Until the Unit holder (being the beneficiary child) 0 2 4 6 8 10121416
attains the age of 18 years or until completion of 3 years from Portfolio Classification by Asset Class (%)
the date of allotment which ever is later. Portfolio Classification by Rating Class (%)
Mr Rakesh Vyas (Total Experience - Over 10 years). Equity 72.33 Equity 72.33
Ω Eligibility (of Unit holder) : Children less than 18 years of Sovereign 12.79
age as on the date of investment by the Investor / Applicant G-Sec 12.79
are eligible as Unit holders in the Scheme. Credit Exposure 10.85 AAA/AAA(SO)/A1+/A1+(SO)
π Personal Accident Insurance Cover for Parent / Legal & Equivalent 1.95
Guardian (upto the age of 80 years) of the Unit holder, Cash, Cash Equivalents and
equivalent to 10 times the cost value of the outstanding Net Current Assets 4.03 AA+ & Below 8.90
Units held by the Unit holder under all the applications / Cash, Cash Equivalents and
account statements / folios, subject to a maximum amount
of ` 10 lakhs per Unit holder. The insurance premium in Net Current Assets 4.03
respect of the personal accident insurance cover will be SIP Performance^ - Regular Plan - Growth Option
borne by the AMC. This accident insurance cover is subject to Since Inception SIP 15 year SIP 10 year SIP 5 Year SIP 3 Year SIP 1 Year SIP
conditions of the group personal accident insurance policy.
Mkt Value as on July 31, 2017 (` ‘000) $ 9,867.59 7,549.05 3,078.36 962.87 459.77 136.42
Returns (Annualised) (%) $ 17.54 17.32 17.93 19.00 16.56 26.45
This product is suitable for investors who are seeking ~ Benchmark Returns (Annualised) (%) # N.A. 11.73 10.63 12.43 12.02 20.35
l Capital appreciation over long term. Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed
l Investmentin equity and equity related instruments as well investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of
as debt and money market instruments. capital. N.A. Not Available.
Riskometer Performance^ - Regular Plan - Growth Option
(%) $ (%)# Returns Scheme (`) Benchmark Additional
(%) ## $ (`)# Benchmark
(`)##
Jul 29, 16 Last 1 Year 20.05 14.36 16.56 12,017 11,445 11,665
Jul 31, 14 Last 3 Years 15.20 10.11 9.27 15,294 13,355 13,051
Jul 31, 12 Last 5 Years 19.46 12.71 14.01 24,341 18,193 19,272
Mar 02, 01 Since Inception 17.59 N.A. 13.25 143,147 N.A. 77,139
Returns greater than 1 year period are compounded annualized (CAGR). Scheme performance may not strictly be comparable with that of its
Investors understand that their principal will be at Additional Benchmark in view of balanced nature of the scheme where a portion of scheme’s investments are made in debt instruments. $ Adjusted
moderately high risk for Bonus units declared under the Scheme. N.A.: Not Available. For performance of other schemes managed by Chirag Setalvad, please refer page
51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will
~ Investors should consult their financial advisers if in doubt be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 59.
HDFC Children’s Gift Fund Savings Plan (An open-ended balanced scheme) Ωπ

To generate long term capital appreciation. Company Industry+ / Rating % to NAV Company Industry+ / Rating % to NAV
l Fund Manager ¥
Equity & Equity Related Jagran Prakashan Ltd. Media & Entertainment 0.32
Chirag Setalvad (since April 2, 07) ICICI Bank Ltd. Banks 1.05 Praj Industries Limited Industrial Capital Goods 0.27
Total Experience - Over 17 years
Infosys Ltd. Software 0.87 Sub Total 18.65
State Bank of India Banks 0.85 Debt & Debt Related
March 2, 2001
Mahindra Holidays & Hotels, Resorts & Other Government Securities
NAV (as on July 31, 2017) NAV per Unit (`) Resorts Ind Ltd Recreational Activities 0.77
• 8.15 GOI 2022 Sovereign 10.55
Regular Plan 44.0265 Oriental Carbon & Chemicals Ltd. Chemicals 0.77
Direct Plan 45.7439 • 8.12 GOI 2020 Sovereign 9.96
Cholamandalam Investment
aSSETS UNDER MANAGEMENT (`) IN CRORE and Finance Company Ltd. Finance 0.76 • 8.28 GOI 2027 Sovereign 8.39
As on July 31, 2017 110.65 Indian Bank Banks 0.75 • 8.83 GOI 2023 Sovereign 4.49
Sundram Fasteners Ltd. Auto Ancillaries 0.75 • 8.30 GOI 2040 Sovereign 3.46
l quantitative data
Carborundum Universal Ltd. Industrial Products 0.74 8.20 GOI 2022 Sovereign 2.40
Average Maturity * 6.42 years
Modified Duration * 3.97 years Balkrishna Industries Ltd. Auto Ancillaries 0.73 7.16 GOI 2023 Sovereign 2.31
Yield to Maturity * 6.87% 8.32 GOI 2032 Sovereign 2.01
* Computed on the invested amount for debt portfolio. Banco Products (I) Ltd. Auto Ancillaries 0.73
Vesuvius India Ltd. Industrial Products 0.72 8.17 GOI 2044 Sovereign 1.92
Total Expense Ratio (Weighted Average for the month)
Excluding Goods and Service Tax on Management Fees Apar Industries Limited Industrial Capital Goods 0.71 8.24 GOI 2033 Sovereign 1.50
Regular: 2.59% Direct: 1.69% Suprajit Engineering Ltd. Auto Ancillaries 0.70 6.35 GOI 2020 Sovereign 1.35
l #BENCHMARK INDEX: CRISIL MIP Blended Index VST Industries Ltd. Consumer Non Durables 0.70 8.30 GOI 2042 Sovereign 1.02
l ##addl. BENCHMARK INDEX: Crisil 10 year Gilt Index Navneet Education Ltd. Media & Entertainment 0.65 Sub Total 49.36
l Exit Load Greenply Industries Ltd. Consumer Durables 0.65 Credit Exposure
l For Units subject to Lock-in Period: NIL
l For Units not subject to Lock-in Period:
Axis Bank Ltd. Banks 0.64 • Tata Motors Finance Ltd. CRISIL - AA 8.24
n 3.00% if the Units are redeemed / switched-out within Torrent Pharmaceuticals Ltd. Pharmaceuticals 0.60 • Tata Sons Ltd. CRISIL - AAA 5.01
one year from the date of allotment;
n 2.00% if the Units are redeemed / switched-out between Tata Steel Ltd. Ferrous Metals 0.59 • Power Finance Corporation Ltd. CRISIL - AAA 3.41
the first and second year from the date of allotment;
n 1.00% if the Units are redeemed / switched-out between NIIT Technologies Ltd. Software 0.58 • State Bank of India CRISIL - AA+, AAA 3.19
the second and third year from the date of allotment; Redington (India) Limited Transportation 0.54
n Nil if the Units are redeemed / switched-out after third • Vedanta Ltd. CRISIL - AA 2.73
year from the date of allotment. Greenlam Industries Ltd. Consumer Durables 0.49 Sub Total 22.58
For further details, please refer to para ‘Exit Load’ on Pg 51. Timken India Ltd. Industrial Products 0.46
l PlanS & Options Sadbhav Engineering Ltd. Construction Project 0.45
Regular Plan, Direct Plan. Nil. SKF India Ltd. Industrial Products 0.43 Grand Total 100.00
l Minimum Application Amount IFB Industries Ltd. Consumer Durables 0.38 • Top Ten Holdings
Normally despatched within 3-4 Business Days (Redemption Equity 18.65
is subject to completion of Lock-in Period, if opted).
Equity 18.65 Sovereign 49.36
l LOCK-IN PERIOD AAA/AAA(SO)/A1+/A1+(SO)
G-Sec 49.36
If opted : Until the Unit holder (being the beneficiary child) & Equivalent 10.69
attains the age of 18 years or until completion of 3 years from Credit Exposure 22.58
the date of allotment which ever is later. Cash, Cash Equivalents and AA+ & Below 11.89
¥ Dedicated Fund Manager for Overseas Investments: Net Current Assets 9.41 Cash, Cash Equivalents and
Mr Rakesh Vyas (Total Experience - Over 10 years). Net Current Assets 9.41
Ω Eligibility (of Unit holder) : Children less than 18 years of
age as on the date of investment by the Investor / Applicant
are eligible as Unit holders in the Scheme. SIP Performance^ - Regular Plan - Growth Option
π Personal Accident Insurance Cover for Parent / Legal
Guardian (upto the age of 80 years) of the Unit holder, Since Inception 15 year 10 year 5 Year 3 Year 1 Year
equivalent to 10 times the cost value of the outstanding SIP SIP SIP SIP SIP SIP
Units held by the Unit holder under all the applications /
account statements / folios, subject to a maximum amount Total Amount Invested (` ‘000) 1,970.00 1,800.00 1,200.00 600.00 360.00 120.00
of ` 10 lakhs per Unit holder. The insurance premium in Mkt Value as on July 31, 2017 (` ‘000) $ 5,219.31 4,323.48 2,180.68 813.82 424.52 126.98
respect of the personal accident insurance cover will be Returns (Annualised) (%) $ 10.93 10.87 11.49 12.15 11.01 11.01
borne by the AMC. This accident insurance cover is subject to
conditions of the group personal accident insurance policy. Benchmark Returns (Annualised) (%) # N.A. 8.91 9.44 10.85 10.90 11.74
Addl. Benchmark Ret. (Annualised) (%) ## N.A. 7.06 7.84 9.55 10.33 8.08
This product is suitable for investors who are seeking ~ investment 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.
l Capitalappreciation over medium to long term.
l Investment in debt and money market instruments as well Performance^ - Regular Plan - Growth Option
as equity and equity related instruments. Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Riskometer (%) $ (%)# Returns Scheme (`) Benchmark Additional
(%) ## $ (`)# Benchmark
(`)##
Jul 29, 16 Last 1 Year 11.31 11.00 9.83 11,137 11,106 10,989
Jul 31, 14 Last 3 Years 11.31 10.87 11.15 13,794 13,634 13,734
Jul 31, 12 Last 5 Years 11.72 10.40 8.60 17,408 16,404 15,110
Mar 02, 01 Since Inception 11.21 N.A. N.A. 57,234 N.A. N.A.
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.
Investors understand that their principal will be $ Adjusted for Bonus units declared under the Scheme. N.A.: Not Available. For performance of other schemes managed by Chirag Setalvad,
at moderate risk please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan
under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of
HDFC Retirement Savings Fund Equity Plan (An open-ended notified Tax Savings Cum
Pension Scheme with no assured returns)

The investment objective of the Investment Plans offered Company Industry+ / Rating % to Company Industry+ / Rating % to
under the Scheme is to generate a corpus to provide for NAV NAV
pension to an investor in the form of income to the extent of
the redemption value of their holding after the age of 60 years Equity & Equity Related Kalpataru Power
by investing in a mix of securities comprising of equity, equity Transmission Ltd. Power 0.90
related instruments and/or Debt/Money Market Instruments. • HDFC Bank Ltd. Banks 8.76
Timken India Ltd. Industrial Products 0.86
l Fund Manager ¥ The Indian Hotels Hotels, Resorts & Other
Chirag Setalvad (Equities) (since February 25, 2016) • ICICI Bank Ltd. Banks 5.53 Company Ltd. Recreational Activities 0.83
Total Experience - Over 17 years & • Larsen & Toubro Ltd. Construction Project 4.63
Shobhit Mehrotra (Debt) (since February 25, 2016) SKF India Ltd. Industrial Products 0.81
Total Experience: Over 25 years • State Bank of India Banks 3.92 IPCA Laboratories Ltd. Pharmaceuticals 0.78
• Aurobindo Pharma Ltd. Pharmaceuticals 2.60 Axis Bank Ltd. Banks 0.77
February 25, 2016 • Tube Investments of India Ltd. Auto Ancillaries 2.55 Zensar Technologies Ltd. Software 0.71
• Indusind Bank Ltd. Banks 2.43 Bajaj Electricals Ltd. Consumer Durables 0.60
• Power Grid Corporation of Cipla Ltd. Pharmaceuticals 0.57
Regular Plan 16.068 India Ltd. Power 2.18
Direct Plan 16.454 Oil & Natural Gas
• KEC International Ltd. Construction Project 2.11 Corporation Ltd. Oil 0.46
Carborundum Universal Ltd. Industrial Products 2.11 Divi's Laboratories Ltd. Pharmaceuticals 0.35
As on July 31, 2017 270.91
Average for Month of July, 2017 257.37 Aarti Industries Ltd. Chemicals 1.97 Greenply Industries Ltd. Consumer Durables 0.07
l quantitative data Voltas Ltd. Construction Project 1.92 Total 91.59
Portfolio Turnover Ratio Nil Bharti Infratel Ltd. Telecom - Equipment & Debt & Debt Related
Accessories 1.79
Total Expense Ratio (Weighted Average for the month) Credit Exposure
Excluding Goods and Service Tax on Management Fees Hexaware Technologies Ltd. Software 1.79
Syndicate Bank CARE - AA- 1.35
Regular: 2.85% Direct: 1.35% Oriental Carbon & Chemicals Ltd. Chemicals 1.78
Union Bank of India FITCH - AA 1.14
l #BENCHMARK INDEX: NIFTY 500 Index Sub Total 2.49
Yes Bank Ltd. Banks 1.74
l ##addl. BENCHMARK INDEX: NIFTY 50 Index Cash, Cash Equivalents and Net Current Assets 5.92
City Union Bank Ltd. Banks 1.70
l Exit Load Grand Total 100.00
Infosys Ltd. Software 1.68
l (Upon completion of lock-in period of 5 years) In respect • Top Ten Holdings
of each purchase/switch-in of units offered under the Vedanta Ltd. Non - Ferrous Metals 1.65
respective Investment Plan(s):- Hindustan Petroleum
n An Exit Load of 1% is payable if Units are redeemed/ Corporation Ltd. Petroleum Products 1.59
switched-out before completion of 60 years of age;
n No Exit Load is payable if Units are redeemed/ Mahindra Holidays & Hotels, Resorts & Other Industry Allocation of Equity Holding (% of Net Assets)
switched-out on or after attainment of 60 years of age.; Resorts Ind Ltd Recreational Activities 1.58
Banks 26.18
No Exit Load shall be imposed for switching between Mahanagar Gas Ltd. Gas 1.58 Construction Project 8.66
Investment Plan(s) and Plans/Options within the
Investment Plan(s), subject to completion of lock-in period. BEML Ltd. Industrial Capital Goods 1.46 Petroleum Products 7.37
Tata Steel Ltd. Ferrous Metals 1.40 Industrial Products 6.13
Chemicals 4.72
Blue Star Ltd. Consumer Durables 1.40
l PlanS & Options Pharmaceuticals 4.30
Regular Plan, Direct Plan. Under Each Plan offers Growth Nilkamal Ltd. Industrial Products 1.38 Software 4.18
Option only. Tamil Nadu Newsprint & Auto Ancillaries 3.79
Papers Ltd. Paper 1.37 Consumer Durables 3.43
l Minimum Application Amount Power 3.08
Purchase : ` 5,000 and any amount thereafter. IFB Industries Ltd. Consumer Durables 1.36
Auto 3.06
Additional Purchase : ` 1,000 and any amount thereafter. Bank of Baroda Banks 1.33 Industrial Capital Goods 2.62
l Redemption Proceeds Maruti Suzuki India Ltd. Auto 1.32 Hotels, Resorts & Other Recreational Activities 2.41
Normally despatched within 3-4 Business Days (Redemption GNA Axles Ltd. Auto Ancillaries 1.24 Telecom - Equipment & Accessories 1.79
is subject to completion of Lock-in Period, if opted). Non - Ferrous Metals 1.65
Apar Industries Limited Industrial Capital Goods 1.16 Gas 1.58
l LOCK-IN PERIOD Redington (India) Limited Transportation 1.16 Ferrous Metals 1.40
Units purchased cannot be assigned / transferred / pledged / Paper 1.37
redeemed / switched out until completion of 5 years from the Jagran Prakashan Ltd. Media & Entertainment 1.14
date of allotment of Units under the Scheme. Upon completion Transportation 1.16
of lock-in period, subsequent switches of units within the and Finance Company Ltd. Finance 1.11 Media And Entertainment 1.14
Scheme shall not be subject to further lock-in period. Finance 1.11
Atul Ltd. Chemicals 0.97 Oil 0.46
Mr Rakesh Vyas (Total Experience - Over 10 years). Kirloskar Oil Engines Ltd. Industrial Products 0.97 0 5 10 15 20 25 30

l A corpus to provide for pension in the form of income to the
extent of the redemption value of their holding after the age
of 60 years.
instruments.
Riskometer Performance^ - Regular Plan - Growth Option
(%) (%)# Returns Scheme Benchmark Additional
(%) ## (`) (`)# Benchmark
(`)##
Jul 29, 16 Last 1 Year 26.01 19.84 16.56 12,617 11,996 11,665
Returns greater than 1 year period are compounded annualized (CAGR). For performance of other schemes managed by Chirag Setalvad
Investors understand that their principal will be at (Equities) and Shobhit Mehrotra (Debt), please refer page 51. The Scheme is in existence for more than 1 year but less than 3 years. Different
moderately high risk plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower
~ Investors should consult their financial advisers if in doubt to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 69.
HDFC Retirement Savings Fund Hybrid Equity Plan (An open-ended notified Tax Savings Cum

the redemption value of their holding after the age of 60 years Equity & Equity Related Bajaj Electricals Ltd. Consumer Durables 0.81
by investing in a mix of securities comprising of equity, equity The Indian Hotels Hotels, Resorts & Other
related instruments and/or Debt/Money Market Instruments. • HDFC Bank Ltd. Banks 6.56
Company Ltd. Recreational Activities 0.76
l Fund Manager ¥ Axis Bank Ltd. Banks 0.73
Chirag Setalvad (Equities) (since February 25, 2016) Sadbhav Engineering Ltd. Construction Project 0.70
Total Experience - Over 17 years & • Larsen & Toubro Ltd. Construction Project 3.46
Shobhit Mehrotra (Debt) (since February 25, 2016) Jagran Prakashan Ltd. Media & Entertainment 0.65
Total Experience: Over 25 years Zensar Technologies Ltd. Software 0.61
• Tube Investments of India Ltd. Auto Ancillaries 2.10
l Inception Date (Date of Allotment) Cipla Ltd. Pharmaceuticals 0.39
City Union Bank Ltd. Banks 2.07
February 25, 2016 Divi's Laboratories Ltd. Pharmaceuticals 0.26
Oriental Carbon & Chemicals Ltd. Chemicals 1.90
Total 71.58
NAV (as on July 31, 2017) NAV per Unit (`) Carborundum Universal Ltd. Industrial Products 1.81
Yes Bank Ltd. Banks 1.67 Debt & Debt Related
Regular Plan 15.280
Direct Plan 15.659 Vedanta Ltd. Non - Ferrous Metals 1.61 Government Securities
aSSETS UNDER MANAGEMENT (`) IN CRORE Sundram Fasteners Ltd. Auto Ancillaries 1.60 • 7.68 GOI 2023 Sovereign 2.16
As on July 31, 2017 121.61 Infosys Ltd. Software 1.56 6.35 GOI 2020 Sovereign 2.05
Average for Month of July, 2017 117.22 Sub Total 4.21
Mahanagar Gas Ltd. Gas 1.56
l quantitative data Aarti Industries Ltd. Chemicals 1.56 Credit Exposure
Portfolio Turnover Ratio 1.16% Mahindra Holidays & Hotels, Resorts & Other • State Bank of India CRISIL - AA+ 7.13
Total Expense Ratio (Weighted Average for the month) Resorts Ind Ltd Recreational Activities 1.51 • Syndicate Bank CARE - AA- 3.00
Excluding Goods and Service Tax on Management Fees Bharti Infratel Ltd. Telecom - Equipment & • Reliance Jio Infocomm Limited CRISIL - AAA 2.21
Regular: 2.79% Direct: 1.29% Accessories 1.45 IDBI Bank Ltd. ICRA - BBB- 1.76
Blue Star Ltd. Consumer Durables 1.43 Sub Total 14.10
l #BENCHMARK INDEX: CRISIL Balanced Fund - Aggressive Index
Aurobindo Pharma Ltd. Pharmaceuticals 1.40 Cash, Cash Equivalents and Net Current Assets 10.11
Nilkamal Ltd. Industrial Products 1.37
l Exit Load Grand Total 100.00
Apar Industries Limited Industrial Capital Goods 1.29
l (Upon completion of lock-in period of 5 years) In respect • Top Ten Holdings
of each purchase/switch-in of units offered under the
respective Investment Plan(s):- Tata Steel Ltd. Ferrous Metals 1.21
n An Exit Load of 1% is payable if Units are redeemed/ Power Grid Corporation of
switched-out before completion of 60 years of age; India Ltd. Power 1.19 Industry Allocation of Equity Holding (% of Net Assets)
n No Exit Load is payable if Units are redeemed/ Voltas Ltd. Construction Project 1.18
switched-out on or after attainment of 60 years of age.; Banks 19.64
No Exit Load shall be imposed for switching between Tamil Nadu Newsprint & Industrial Products 6.00
Investment Plan(s) and Plans/Options within the Papers Ltd. Paper 1.16
Investment Plan(s), subject to completion of lock-in period. MRF Ltd. Auto Ancillaries 1.14 Petroleum Products 5.20
For further details, please refer to para ‘Exit Load’ on Pg 51. Indusind Bank Ltd. Banks 1.08 Auto Ancillaries 4.84
l PlanS & Options BEML Ltd. Industrial Capital Goods 1.08 Chemicals 3.46
Regular Plan, Direct Plan. Under Each Plan offers Growth Bank of Baroda Banks 1.08 Software 3.23
Option only. Tata Motors Ltd. DVR Auto 1.07 Consumer Durables 3.08
l Minimum Application Amount Redington (India) Limited Transportation 1.07
Industrial Capital Goods 2.37
Purchase : ` 5,000 and any amount thereafter. Auto 2.34
Additional Purchase : ` 1,000 and any amount thereafter. NIIT Technologies Ltd. Software 1.06 Hotels, Resorts & Other Recreational Activities 2.27
Vesuvius India Ltd. Industrial Products 1.03 Power 2.06
Cholamandalam Investment Pharmaceuticals 2.05
Normally despatched within 3-4 Business Days (Redemption and Finance Company Ltd. Finance 0.99
is subject to completion of Lock-in Period, if opted). Non - Ferrous Metals 1.61
SKF India Ltd. Industrial Products 0.96 Gas 1.56
l LOCK-IN PERIOD Telecom - Equipment & Accessories 1.45
Hindustan Petroleum
Units purchased cannot be assigned / transferred / pledged / Corporation Ltd. Petroleum Products 0.95 Ferrous Metals 1.21
redeemed / switched out until completion of 5 years from the Paper 1.16
date of allotment of Units under the Scheme. Upon completion Kalpataru Power
of lock-in period, subsequent switches of units within the Transmission Ltd. Power 0.87 Transportation 1.07
Scheme shall not be subject to further lock-in period. Greenply Industries Ltd. Consumer Durables 0.84 Finance 0.99
¥ Dedicated Fund Manager for Overseas Investments: Kirloskar Oil Engines Ltd. Industrial Products 0.83 Media And Entertainment 0.65
Mr Rakesh Vyas (Total Experience - Over 10 years). 0 5 10 15 20 25

l A corpus to provide for pension in the form of income to the
extent of the redemption value of their holding after the age
of 60 years.
instruments & balance in debt and money market instruments. Performance^ - Regular Plan - Growth Option
(%) ## (`) (`)# Benchmark
(`)##
Jul 29, 16 Last 1 Year 24.03 14.36 16.56 12,418 11,445 11,665
The Scheme is in existence for more than 1 year but less than 3 years. For performance of other schemes managed by Chirag Setalvad
Investors understand that their principal will be at (Equities) and Shobhit Mehrotra (Debt), please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense
in the Regular Plan. For Performance of Direct Plan, refer page no. 69.
HDFC Retirement Savings Fund Hybrid Debt Plan (An open-ended notified Tax Savings Cum

the redemption value of their holding after the age of 60 years Poddar Pigments Ltd. Chemicals 0.38
by investing in a mix of securities comprising of equity, equity Equity & Equity Related
related instruments and/or Debt/Money Market Instruments. Kirloskar Oil Engines Ltd. Industrial Products 0.37
• HDFC Bank Ltd. Banks 1.23
l Fund Manager ¥ Kalpataru Power
ICICI Bank Ltd. Banks 1.15 Transmission Ltd. Power 0.35
Chirag Setalvad (Equities) (since February 26, 2016)
Total Experience - Over 17 years & Sundram Fasteners Ltd. Auto Ancillaries 0.93 Bajaj Electricals Ltd. Consumer Durables 0.33
Shobhit Mehrotra (Debt) (since February 26, 2016)
Total Experience: Over 25 years Time Technoplast Ltd. Industrial Products 0.83 The Indian Hotels Hotels, Resorts & Other
Avanti Feeds Ltd. Consumer Non Durables 0.83 Company Ltd. Recreational Activities 0.33
February 26, 2016 Mahanagar Gas Ltd. Gas 0.72 Zensar Technologies Ltd. Software 0.30
Blue Star Ltd. Consumer Durables 0.71 Sadbhav Engineering Ltd. Construction Project 0.30
Regular Plan 12.3110 City Union Bank Ltd. Banks 0.71 Axis Bank Ltd. Banks 0.30
Direct Plan 12.6130 Aurobindo Pharma Ltd. Pharmaceuticals 0.29
Oriental Carbon & Chemicals Ltd. Chemicals 0.69
aSSETS UNDER MANAGEMENT (`) IN CRORE Cipla Ltd. Pharmaceuticals 0.28
Reliance Industries Ltd. Petroleum Products 0.66
As on July 31, 2017 49.24 Tata Motors Ltd. DVR Auto 0.26
Average for Month of July, 2017 48.71 Aarti Industries Ltd. Chemicals 0.64
l quantitative data Vesuvius India Ltd. Industrial Products 0.63 Total 22.69
Average Maturity * 4.07 years Tata Steel Ltd. Ferrous Metals 0.63 Debt & Debt Related
Modified Duration * 3.06 years
Yield to Maturity * 7.32% Carborundum Universal Ltd. Industrial Products 0.62
* Computed on the invested amount for debt portfolio. Government Securities
Infosys Ltd. Software 0.62
Total Expense Ratio (Weighted Average for the month) • 7.68 GOI 2023 Sovereign 16.01
BEML Ltd. Industrial Capital Goods 0.61
State Bank of India Banks 0.60 • 8.27 GOI 2020 Sovereign 10.63
Hindustan Petroleum • 6.35 GOI 2020 Sovereign 5.07
l #BENCHMARK INDEX: CRISIL MIP Blended Index Corporation Ltd. Petroleum Products 0.60
l ##addl. BENCHMARK INDEX: N Sub Total 31.71
Mahindra Holidays & Resorts Hotels, Resorts & Other
l Exit Load Ind Ltd Recreational Activities 0.56 Credit Exposure
l (Upon completion of lock-in period of 5 years) In respect Orient Refractories Ltd. Industrial Products 0.51
of each purchase/switch-in of units offered under the • State Bank of India CRISIL - AA+ 9.32
respective Investment Plan(s):- Nilkamal Ltd. Industrial Products 0.49
• HPCL-Mittal Pipelines Limited FITCH - AA 5.89
n An Exit Load of 1% is payable if Units are redeemed/ Apar Industries Limited Industrial Capital Goods 0.48
switched-out before completion of 60 years of age; • Syndicate Bank CARE - AA- 4.23
n No Exit Load is payable if Units are redeemed/ Tube Investments of India Ltd. Auto Ancillaries 0.47
switched-out on or after attainment of 60 years of age.; • Union Bank of India FITCH - AA 4.16
Timken India Ltd. Industrial Products 0.44
No Exit Load shall be imposed for switching between
Investment Plan(s) and Plans/Options within the Bank of Baroda Banks 0.44 • Reliance Jio Infocomm Limited CRISIL - AAA 4.14
Investment Plan(s), subject to completion of lock-in period.
SKF India Ltd. Industrial Products 0.41 • IDBI Bank Ltd. ICRA - BBB- 1.32
l PlanS & Options Power Grid Corporation of Oriental Bank of Commerce ICRA - A 0.61
India Ltd. Power 0.41
Regular Plan, Direct Plan. Under Each Plan offers Growth Sub Total 29.67
Option only. GNA Axles Ltd. Auto Ancillaries 0.41
l Minimum Application Amount Larsen & Toubro Ltd. Construction Project 0.40 Cash, Cash Equivalents and Net Current Assets 15.93
Purchase : ` 5,000 and any amount thereafter. NIIT Technologies Ltd. Software 0.39
Additional Purchase : ` 1,000 and any amount thereafter. Grand Total 100.00
l Redemption Proceeds Tamil Nadu Newsprint &
Papers Ltd. Paper 0.38 • Top Ten Holdings
Normally despatched within 3-4 Business Days (Redemption
is subject to completion of Lock-in Period, if opted).
l LOCK-IN PERIOD
Units purchased cannot be assigned / transferred / pledged /
redeemed / switched out until completion of 5 years from the Portfolio Classification by Asset Class (%) Portfolio Classification by Rating Class (%)
date of allotment of Units under the Scheme. Upon completion
of lock-in period, subsequent switches of units within the
Scheme shall not be subject to further lock-in period. Equity 22.69
¥ Dedicated Fund Manager for Overseas Investments: Equity 22.69 Sovereign 31.71
G-Sec 31.71 AAA/AAA(SO)/A1+/A1+(SO)
This product is suitable for investors who are seeking ~ Cash, Cash Equivalents and AA+ & Below 25.53
l A corpus to provide for pension in the form of income to the Net Current Assets 15.93 Cash, Cash Equivalents and
extent of the redemption value of their holding after the age Net Current Assets 15.93
of 60 years.
l Investment predominantly in debt and money market
instruments & balance in equity and equity related Performance^ - Regular Plan - Growth Option
instruments.
(%) ## (`) (`)# Benchmark
(`)##
Jul 29, 16 Last 1 Year 13.07 11.00 9.83 11,315 11,106 10,989
The Scheme is in existence for more than 1 year but less than 3 years. For performance of other schemes managed by Chirag Setalvad
Investors understand that their principal will be at (Equities) and Shobhit Mehrotra (Debt), please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense
in the Regular Plan. For Performance of Direct Plan, refer page no. 69.
HDFC MF MIP - Short Term Plan (An open-ended income scheme. Monthly income is not
assured and is subject to availability of distributable surplus)

To generate regular returns through investment primarily in Company Industry+ / Rating % to NAV Company Industry+ / Rating % to NAV
Debt and Money Market Instruments. The secondary objective
of the Scheme is to generate long-term capital appreciation Equity & Equity Related • 6.79 GOI 2029 Sovereign 4.51
by investing a portion of the Scheme’s assets in equity and KEC International Ltd. Construction Project 1.66 • 8.60 GOI 2028 Sovereign 3.35
equity related instruments. Monthly Income is not assured & ICICI Bank Ltd. Banks 1.50 • 8.32 GOI 2032 Sovereign 3.33
is subject to availability of distributable surplus. State Bank of India Banks 1.41 • 7.50 GOI 2034 Sovereign 3.13
NHPC Ltd. Power 1.28 6.57 GOI 2033 Sovereign 1.86
l Fund Manager ¥ 8.28 GOI 2027 Sovereign 1.64
Vinay Kulkarni (Equities) (since November 21, 06) HDFC Bank Ltd. Banks 1.07 7.88 GOI 2030 Sovereign 1.61
Total Experience: Over 27 years & Century Textiles & Industries Ltd. Cement 0.86 7.16 GOI 2023 Sovereign 1.53
Shobhit Mehrotra (Debt) (since February 16, 04) Solar Industries India Ltd. Chemicals 0.83 8.10 SDL 2025 Sovereign 0.80
Total Experience: Over 25 years 8.15 GOI 2026 Sovereign 0.11
Larsen & Toubro Ltd. Construction Project 0.78
l Inception Date (Date of Allotment) Blue Star Ltd. Consumer Durables 0.78 Sub Total 40.92
JMC Projects (India) Ltd. Construction 0.69 Credit Exposure
December 26, 2003 Zuari Agro Chemicals Ltd. Fertilisers 0.69 • State Bank of India CRISIL - AA+, AAA 4.62
NAV (as on July 31, 2017) NAV per Unit (`) Tata Steel Ltd. Ferrous Metals 0.68 • Hindalco Industries Ltd. CRISIL - AA 3.22
Federal Bank Ltd. Banks 0.67 • National Highways
Regular Plan - Growth Option 29.8966 Cipla Ltd. Pharmaceuticals 0.67 Authority of India CRISIL - AAA 3.06
Regular Plan - Monthly Dividend Option 11.5841 • LIC Housing Finance Ltd. CRISIL - AAA 3.05
Regular Plan - Quarterly Dividend Option 12.0874 C & C Constructions Ltd. Construction 0.56
Direct Plan - Growth Option 30.9523 Canara Bank Banks 0.55 Oriental Bank of Commerce ICRA - A 2.11
Direct Plan - Monthly Dividend Option 12.4470 Oil India Ltd. Oil 0.51 Rural Electrification
Direct Plan - Quarterly Dividend Option 12.5916 Apar Industries Limited Industrial Capital Goods 0.47 Corporation Ltd. CRISIL - AAA 1.95
Crompton Greaves Tata Steel Ltd. CARE - AA- 1.64
aSSETS UNDER MANAGEMENT (`) IN CRORE Consumer Elec. Ltd Consumer Durables 0.40 Export - Import Bank of India CRISIL - AAA 1.62
As on July 31, 2017 332.94 NMDC Limited Minerals/Mining 0.38 India Infoline Housing Finance Ltd. CRISIL - AA 1.58
Average for Month of July, 2017 330.68 Titagarh Wagons Ltd. Industrial Capital Goods 0.37 Syndicate Bank CARE - AA- 1.56
Kalpataru Power Aarti Industries Ltd. CRISIL - AA- 1.54
l quantitative data Transmission Ltd. Power 0.37 BMW India Financial
Average Maturity * 6.62 years Wipro Ltd. Software 0.36 Services Pvt. Ltd. CRISIL - AAA 1.50
Modified Duration * 4.44 years Rallis India Ltd. Pesticides 0.29 Indiabulls Housing Finance Ltd. CARE - AAA 1.31
Yield to Maturity * 7.24% Elecon Engineering Co. Ltd. Industrial Capital Goods 0.29 Housing Development Finance
* Computed on the invested amount for debt portfolio. Navneet Education Ltd. Media & Entertainment 0.27 Corporation Ltd. £ CRISIL - AAA 1.29
Sadbhav Engineering Ltd. Construction Project 0.26 Tata Sons Ltd. CRISIL - AAA 1.05
Total Expense Ratio (Weighted Average for the month) Mcleod Russel India Ltd. Consumer Non Durables 0.26 Shriram Transport
Excluding Goods and Service Tax on Management Fees Va Tech Wabag Ltd. Engineering Services 0.26 Finance Co. Ltd. CARE - AA+ 0.75
Regular: 2.43% Direct: 1.33% Allahabad Bank Banks 0.18 Cholamandalam Investment
Crompton Greaves Ltd. Industrial Capital Goods 0.16 and Finance Company Ltd. ICRA - AA 0.55
l #BENCHMARK INDEX: CRISIL MIP Blended Index Unichem Laboratories Ltd. Pharmaceuticals 0.08 Sundaram BNP Paribas
l ##addl. BENCHMARK INDEX: Crisil 10 year Gilt Index Union Bank of India Banks 0.01 Home Finance Ltd. ICRA - AA+ 0.40
Sub Total 20.85 Sub Total 32.80
l Exit Load Debt & Debt Related Cash, Cash Equivalents and Net Current Assets 5.43
l In respect of each purchase / switch-in of Units, 15% of Government Securities
the Units (“the limit”) may be redeemed without any exit Grand Total 100.00
• 8.40 GOI 2024 Sovereign 9.76
load from the date of allotment. • 7.35 GOI 2024 Sovereign 9.29 • Top Ten Holdings, £ Co-sponsor
l Any redemption in excess of the limit shall be subject to
the following exit load:
n Exit load of 1.00% is payable if Units are redeemed / Portfolio Classification by Asset Class (%) Portfolio Classification by Rating Class (%)
switched-out within 1 year from the date of allotment
of units.
l No Exit load is payable if Units are redeemed / switched-out
Equity 20.85
after 1 year from the date of allotment. Equity 20.85 Sovereign 40.92
For further details, please refer to para ‘Exit Load’ on Pg 51. G-Sec, SDL 40.92 AAA/AAA(SO)/A1+/A1+(SO)
l PlanS & Options
Cash, Cash Equivalents and AA+ & Below 16.41
Regular Plan, Direct Plan. Under Each Plan : Growth, Monthly
Dividend & Quarterly Dividend Option. The Dividend Option Net Current Assets 5.43 Cash, Cash Equivalents and
offers Dividend Payout and Reinvestment facility. Net Current Assets 5.43
Purchase: (Growth & Quarterly Dividend Option) - ` 5,000
and any amount thereafter. (Monthly Dividend Option) - SIP Performance^ - Regular Plan - Growth Option
` 25,000 and any amount thereafter.
Additional Purchase : ` 1,000 and any amount thereafter. Since Inception 10 year 5 Year 3 Year 1 Year
SIP SIP SIP SIP SIP
Total Amount Invested (` ‘000) 1,640.00 1,200.00 600.00 360.00 120.00
Normally despatched within 3-4 Business Days. Mkt Value as on July 31, 2017 (` ‘000) 3,078.18 1,938.87 778.06 419.16 127.94
¥ Dedicated Fund Manager for Overseas Investments: Returns (Annualised) (%) 8.73 9.28 10.34 10.14 12.56
This product is suitable for investors who are seeking ~ after accounting for the cash flow by using XIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above
l Regular income over medium to long term.
l Investment in debt and money market instruments as well Performance^ - Regular Plan - Growth Option
as equity and equity related instruments. Date Period Scheme Benchmark Additional Value of ` 10,000 invested
(`)##
Jul 29, 16 Last 1 Year 12.10 11.00 9.83 11,217 11,106 10,989
Jul 31, 14 Last 3 Years 9.02 10.87 11.15 12,960 13,634 13,734
Jul 31, 12 Last 5 Years 9.98 10.40 8.60 16,095 16,404 15,110
Investors understand that their principal will be at For performance of other schemes managed by Vinay Kulkarni (Equities) and Shobhit Mehrotra (Debt), please refer page 51. Different
moderately high risk plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower
Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, CD - Certificate of Deposit; CP - Commercial Papers. Data is as of July 31, 2017 unless otherwise specified.
HDFC MF MIP - Long Term Plan (An open-ended income scheme. Monthly income is not
assured and is subject to availability of distributable surplus)

To generate regular returns through investment primarily in Company Industry+ / Rating % to NAV Company Industry+ / Rating % to NAV
Debt and Money Market Instruments. The secondary objective Equity & Equity Related 7.72 GOI 2025 Sovereign 2.03
of the Scheme is to generate long-term capital appreciation ICICI Bank Ltd. Banks 2.15 7.59 GOI 2029 Sovereign 1.95
State Bank of India Banks 1.98 6.79 GOI 2029 Sovereign 1.94
by investing a portion of the Scheme’s assets in equity and 8.30 GOI 2042 Sovereign 1.74
equity related instruments. Monthly Income is not assured & Larsen & Toubro Ltd. Construction Project 1.85
Infosys Ltd. Software 1.31 9.20 GOI 2030 Sovereign 1.21
is subject to availability of distributable surplus. MEP Infrastructure 8.24 GOI 2033 Sovereign 0.86
Developers Ltd. Transportation 1.21 7.40 GOI 2035 Sovereign 0.80
l Fund Manager ¥ HDFC Bank Ltd. Banks 1.15 9.23 GOI 2043 Sovereign 0.80
PNC Infratech Ltd. Construction 0.94 8.17 GOI 2044 Sovereign 0.72
Prashant Jain (Equities) (since December 26, 03) Sharda Cropchem Ltd. 7.61 GOI 2030 Sovereign 0.68
Total Experience: Over 26 years & Pesticides 0.86 7.68 GOI 2023
Power Grid Corporation of Sovereign 0.68
Shobhit Mehrotra (Debt) (since September 1, 07) India Ltd. Power 0.86 7.50 GOI 2034 Sovereign 0.67
Total Experience: Over 25 years Maruti Suzuki India Ltd. Auto 0.86 6.79 GOI 2027 Sovereign 0.66
Apar Industries Limited Industrial Capital Goods 0.83 8.83 GOI 2041 Sovereign 0.46
l Inception Date (Date of Allotment) Balkrishna Industries Ltd. Auto Ancillaries 0.70 8.28 GOI 2027 Sovereign 0.28
Simplex Infrastructures Ltd. Construction 0.63 1.44 GOI 2023 Sovereign 0.19
December 26, 2003 ITD Cementation India Ltd. Construction 0.62 7.16 GOI 2023 Sovereign 0.10
Punjab National Bank Banks 0.61 Sub Total 38.03
NAV (as on July 31, 2017) NAV per Unit (`) Aurobindo Pharma Ltd. Pharmaceuticals 0.61 Credit Exposure
Canara Bank Banks 0.52 • Union Bank of India FITCH - AA 3.75
Regular Plan - Growth Option 43.7338 NTPC Ltd. Power 0.49 • Bank of India BRICKWORKS - AA- /
Regular Plan - Monthly Dividend Option 14.8084 Bank of Baroda Banks 0.48 CRISIL - A+ 3.05
Regular Plan - Quarterly Dividend Option 15.4951 Rural Electrification • Food Corporation of India CRISIL - AAA(SO) 2.85
Direct Plan - Growth Option 44.7229 Corporation Ltd. Finance 0.45 • Tata Capital Financial
Direct Plan - Monthly Dividend Option 15.2158 Tata Consultancy Services Ltd. Software 0.45 Services Ltd. CRISIL - AA+ 2.82
Direct Plan - Quarterly Dividend Option 15.9222 Axis Bank Ltd. Banks 0.44 • Housing Development
Union Bank of India Banks 0.41 Finance Corporation Ltd.£ CRISIL - AAA 2.62
Crompton Greaves Ltd. Industrial Capital Goods 0.37 IDBI Bank Ltd. CRISIL-BBB+ / ICRA-BBB- 1.93
aSSETS UNDER MANAGEMENT (`) IN CRORE State Bank of India CRISIL - AAA 1.75
Tata Steel Ltd. Ferrous Metals 0.36
As on July 31, 2017 3,879.11 Texmaco Rail & Engineering Ltd. Industrial Capital Goods 0.35 TATA International Ltd. CARE - A+ 1.56
Average for Month of July, 2017 3,857.40 Tata Motors Ltd. Auto 0.31 Canara Bank ICRA - AA 1.33
Power Finance Corporation Ltd. Finance 0.27 Corporation Bank CRISIL - A 1.25
Vedanta Ltd. Non - Ferrous Metals 0.27 Andhra Bank CARE - AA- 1.20
l quantitative data Tata Realty and Infrastructure Ltd. CRISIL - AA 1.13
Precision Camshafts Ltd. Auto Ancillaries 0.26
Average Maturity * 9.27 years Siemens Ltd. Industrial Capital Goods 0.26 LIC Housing Finance Ltd. CRISIL - AAA 1.04
Modified Duration * 5.44 years Cipla Ltd. Pharmaceuticals 0.25 Tata Power Co. Ltd. CRISIL - AA- 0.97
Yield to Maturity * 7.64% Avenue Supermarts Ltd. Retailing 0.23 HPCL-Mittal Pipelines Limited FITCH - AA 0.84
Corporation Bank Banks 0.22 Power Grid Corporation of
* Computed on the invested amount for debt portfolio. Tata Motors Ltd. DVR Auto 0.19 India Ltd. CRISIL - AAA 0.83
Elecon Engineering Co. Ltd. Industrial Capital Goods 0.15 Vedanta Ltd. CRISIL - AA 0.80
Total Expense Ratio (Weighted Average for the month) Network 18 Media & Andhra Pradesh Expressway Ltd. ICRA - AAA(SO) 0.76
Excluding Goods and Service Tax on Management Fees Investments Ltd Media & Entertainment 0.14 ING Vysya Bank Ltd. CRISIL - AAA 0.71
NHPC Ltd. Power 0.12 Rural Electrification Corporation Ltd. CRISIL - AAA 0.69
Regular: 1.97% Direct: 1.37% Syndicate Bank CARE - AA- 0.68
Maharashtra Seamless Ltd. Ferrous Metals 0.08
Jaiprakash Power Ventures Ltd. Power 0.06 Bank of Baroda CARE - AA+ 0.66
l #BENCHMARK INDEX: CRISIL MIP Blended Index Sub Total 24.30 Volkswagen Finance Private Ltd. FITCH - AAA 0.65
l ##addl. BENCHMARK INDEX: Crisil 10 year Gilt Index Preference Shares Indian Railway Finance
Vedanta Ltd. Non - Ferrous Metals 0.03 Corporation Ltd. CRISIL - AAA 0.44
l Exit Load Sub Total 0.03 National Housing Bank CRISIL - AAA 0.26
Total 24.33 Power Finance Corporation Ltd. CRISIL - AAA 0.14
l In respect of each purchase / switch-in of Units, 15% of Debt & Debt Related Export - Import Bank of India CRISIL - AAA 0.14
the Units (“the limit”) may be redeemed without any exit Government Securities Yes Bank Ltd. ICRA - AA+ 0.14
load from the date of allotment. • 7.73 GOI 2034 Sovereign 4.67 Tata Motors Ltd. CARE - AA+ 0.04
• 7.59 GOI 2026 Sovereign 4.06 Sub Total 35.03
l Any redemption in excess of the limit shall be subject to Cash, Cash Equivalents and Net Current Assets 2.61
the following exit load: • 8.32 GOI 2032 Sovereign 3.43
n Exit load of 1.00% is payable if Units are redeemed / switched- • 6.57 GOI 2033 Sovereign 2.51 Grand Total 100.00
out within 1 year from the date of allotment of units. 7.95 GOI 2032 Sovereign 2.51
l No Exit load is payable if Units are redeemed / switched-out 8.60 GOI 2028 Sovereign 2.45 • Top Ten Holdings, £ Co-sponsor
after 1 year from the date of allotment.
For further details, please refer to para ‘Exit Load’ on Pg 51. Portfolio Classification by Asset Class (%) Portfolio Classification by Rating Class (%)
l PlanS & Options
Equity 24.33
Regular Plan, Direct Plan. Under Each Plan : Growth, Monthly Equity, Preference Shares 24.33
Dividend & Quarterly Dividend Option. The Dividend Option Sovereign 38.03
G-Sec 38.03
offers Dividend Payout and Reinvestment facility. AAA/AAA(SO)/A1+/A1+(SO)
Purchase: (Growth & Quarterly Dividend Option) - ` 5,000 Net Current Assets 2.61
and any amount thereafter. (Monthly Dividend Option) - Cash, Cash Equivalents and
` 25,000 and any amount thereafter. Net Current Assets 2.61
l Redemption Proceeds SIP Performance^ - Regular Plan - Growth Option
Normally despatched within 3-4 Business Days. Since Inception SIP 10 year SIP 5 Year SIP 3 Year SIP 1 Year SIP
¥ Dedicated Fund Manager for Overseas Investments: Total Amount Invested (` ‘000) 1,640.00 1,200.00 600.00 360.00 120.00
Mkt Value as on July 31, 2017 (` ‘000) 3,757.84 2,177.77 824.34 431.91 128.55
Returns (Annualised) (%) 11.37 11.47 12.67 12.20 13.54
This product is suitable for investors who are seeking ~ Addl. Benchmark Ret. (Annualised) (%) ## 7.26 7.84 9.55 10.33 8.08
l Regular income over medium to long term. Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed
l Investment in debt and money market instruments as well investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
as equity and equity related instruments.
Riskometer
Performance^ - Regular Plan - Growth Option
Returns Returns Benchmark Scheme (`) Benchmark Additional
(%) (%)# Returns (`)# Benchmark
(%) ## (`)##
Jul 29, 16 Last 1 Year 13.10 11.00 9.83 11,318 11,106 10,989
Jul 31, 14 Last 3 Years 11.58 10.87 11.15 13,894 13,634 13,734
Jul 31, 12 Last 5 Years 12.09 10.40 8.60 17,699 16,404 15,110
Investors understand that their principal will be at For performance of other schemes managed by Prashant Jain (Equities) and Shobhit Mehrotra (Debt), please refer page 51. Different plans
moderately high risk viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower
HDFC Multiple Yield Fund - Plan 2005 (An open-ended income scheme)
To generate positive returns over medium time frame with Company Industry+ / Rating % to Company Industry+ / Rating % to
low risk of capital loss over medium time frame. NAV NAV
However, there can be no assurance that the investment Tamil Nadu Newsprint &
Equity & Equity Related
objective of the Scheme will be achieved. Papers Ltd. Paper 0.54
• State Bank of India Banks 1.47 Apar Industries Limited Industrial Capital Goods 0.36
l Fund Manager ¥
• Infosys Ltd. Software 0.88 IPCA Laboratories Ltd. Pharmaceuticals 0.36
Chirag Setalvad (Equities) (since April 2, 07)
Total Experience - Over 17 years & Graphite India Ltd. Industrial Products 0.82 IDFC Ltd. Finance 0.36
Anil Bamboli (Debt) (since August 17, 05) Oriental Carbon & Chemicals Ltd. Chemicals 0.78 Poddar Pigments Ltd. Chemicals 0.06
Larsen & Toubro Ltd. Construction Project 0.78 Total 18.21
l Inception Date (Date of Allotment) Vesuvius India Ltd. Industrial Products 0.77 Debt & Debt Related
August 17, 2005 Tata Motors Ltd. DVR Auto 0.75 Money Market Instruments
NAV (as on July 31, 2017) NAV per Unit (`) Balkrishna Industries Ltd. Auto Ancillaries 0.75 CD/CP
Regular Plan - Growth Option 29.9713 Carborundum Universal Ltd. Industrial Products 0.75 • Credit Suisse AG CRISIL - A1+ 9.90
Regular Plan - Dividend Option 11.7432 Banco Products (I) Ltd. Auto Ancillaries 0.74 Sub Total 9.90
Direct Plan - Dividend Option 12.6249 Sundram Fasteners Ltd. Auto Ancillaries 0.72 Credit Exposure
Jagran Prakashan Ltd. Media & Entertainment 0.71 • National Bank for Agriculture
Rural Electrification & Rural Development CRISIL - AAA 11.73
As on July 31, 2017 172.68 Corporation Ltd. Finance 0.71 • Housing Development
Average for Month of July, 2017 172.48 Finance Corporation Ltd.£ CRISIL - AAA 11.69
Savita Oil Technologies Ltd. Petroleum Products 0.70
l quantitative data Bharti Infratel Ltd. Telecom - Equipment & • Export - Import Bank of India CRISIL - AAA 9.63
Average Maturity * 161 days Accessories 0.70 • Power Finance Corporation Ltd. CRISIL - AAA 9.38
Modified Duration * 151 days Greenply Industries Ltd. Consumer Durables 0.70 • CanFin Homes Ltd ICRA - AAA 7.05
Yield to Maturity * 6.54%
* Computed on the invested amount for debt portfolio. Suprajit Engineering Ltd. Auto Ancillaries 0.69 • Power Grid Corporation of
VST Industries Ltd. Consumer Non Durables 0.69 India Ltd. CRISIL - AAA 3.49
Total Expense Ratio (Weighted Average for the month) • LIC Housing Finance Ltd. CRISIL - AAA 2.93
Excluding Goods and Service Tax on Management Fees Torrent Pharmaceuticals Ltd. Pharmaceuticals 0.69
NIIT Technologies Ltd. Software 0.60 Sub Total 55.90
Timken India Ltd. Industrial Products 0.58 Cash, Cash Equivalents and Net Current Assets 15.99
l #BENCHMARK INDEX: CRISIL MIP Blended Index
Union Bank of India Banks 0.55 Grand Total 100.00
l ##addl. BENCHMARK INDEX: Crisil 1 year T-Bill Index
l Exit Load
out within 15 months from the date of allotment. Portfolio Classification by Asset Class (%) Portfolio Classification by Rating Class (%)
out after 15 months from the date of allotment.
Equity 18.21 Equity 18.21
CD/CP 9.90 AAA/AAA(SO)/A1+/A1+(SO)
l PlanS & Options & Equivalent 65.80
Credit Exposure 55.90
Regular Plan, Direct Plan. Under Each Plan : Growth & Cash, Cash Equivalents and
Cash, Cash Equivalents and
Dividend. The Dividend Option offers Dividend Payout and Net Current Assets 15.99
Net Current Assets 15.99
Purchase : ` 5,000 and any amount thereafter. SIP Performance^ - Regular Plan - Growth Option
Additional Purchase : ` 1,000 and any amount thereafter. Since Inception 10 year 5 Year 3 Year 1 Year
SIP SIP SIP SIP SIP
Total Amount Invested (` ‘000) 1,440.00 1,200.00 600.00 360.00 120.00
Normally despatched within 3-4 Business Days. Mkt Value as on July 31, 2017 (` ‘000) 2,723.76 2,049.18 781.41 414.89 126.50
¥ Dedicated Fund Manager for Overseas Investments: Returns (Annualised) (%) 10.12 10.32 10.51 9.44 10.25
Mr Rakesh Vyas (Total Experience - Over 10 years). Benchmark Returns (Annualised) (%) # 9.13 9.44 10.85 10.90 11.74
This product is suitable for investors who are seeking ~ investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.
l Positive returns over medium term with low risk of capital
loss over medium term. Performance^ - Regular Plan - Growth Option
l Investment in debt and money market instruments with
maturity of 15 months (85%) as well as equity and equity Date Period Scheme Benchmark Additional Value of ` 10,000 invested
related instruments (15%). Returns Returns Benchmark
Riskometer (%) ## (`)# Benchmark
(`)##
Jul 29, 16 Last 1 Year 10.43 11.00 6.42 11,049 11,106 10,646
Jul 31, 14 Last 3 Years 9.07 10.87 7.54 12,977 13,634 12,441
Jul 31, 12 Last 5 Years 10.50 10.40 7.32 16,482 16,404 14,240
Aug 17, 05 Since Inception 9.61 8.64 6.20 29,971 26,941 20,533
Performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. For performance of other
Investors understand that their principal will be schemes managed by Chirag Setalvad (Equities) and Anil Bamboli (Debt), please refer page 51. Different plans viz. Regular Plan and Direct
at moderate risk Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution
expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 68.
Face Value per Unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, CD - Certificate of Deposit; CP - Commercial Papers. Data is as of July 31, 2017 unless otherwise specified.
HDFC Income Fund (An open-ended income scheme)
To optimise returns while maintaining a balance of safety, Issuer Rating % to Issuer Rating % to
yield and liquidity. NAV NAV
l Fund Manager ¥ Debt & Debt Related 8.20 GOI 2025 Sovereign 0.19
Shobhit Mehrotra (since September 11, 07) Government Securities 9.15 GOI 2024 Sovereign 0.00
l Inception Date (Date of Allotment) • 8.17 GOI 2044 Sovereign 8.03 Credit Exposure
September 11, 2000
• 7.61 GOI 2030 Sovereign 7.29 • National Highways Authority
of India CRISIL - AAA 6.96
NAV (as on July 31, 2017) NAV per Unit (`) • 7.73 GOI 2034 Sovereign 6.34
Regular Plan - Growth Option 38.7033 • Punjab National Bank CRISIL - AA / FITCH - AA+ 6.94
Regular Plan - Quarterly Dividend Option 11.1768
Regular Plan - Normal Dividend Option 12.2042 • 7.95 GOI 2032 Sovereign 5.23 • Tata Power Co. Ltd. CRISIL - AA- 3.28
• 8.32 GOI 2032 Sovereign 4.61 Indian Railway Finance
Direct Plan - Quarterly Dividend Option 11.6639 Corporation Ltd. CRISIL - AAA 2.83
Direct Plan - Normal Dividend Option 12.7307
State Bank of India CRISIL - AA+ 1.86
NTPC Ltd. CRISIL - AAA 1.53
As on July 31, 2017 1,805.77 9.20 GOI 2030 Sovereign 2.27
Average for Month of July, 2017 1,797.55 Food Corporation of India CRISIL - AAA(SO) 1.53
l quantitative data Tata Steel Ltd. CARE - AA- 1.50
Average Maturity * 13.00 years Union Bank of India FITCH - AA 1.38
Modified Duration * 7.13 years 9.23 GOI 2043 Sovereign 1.71
Yield to Maturity * 7.27% Andhra Pradesh Expressway Ltd. ICRA - AAA(SO) 0.75
* Computed on the invested amount for debt portfolio.
Sub Total 28.56
Excluding Goods and Service Tax on Management Fees Cash, Cash Equivalents and Net Current Assets 4.95
Regular: 1.94% Direct: 1.39% Grand Total 100.00
l #BENCHMARK INDEX: CRISIL Composite Bond Fund Index 1.44 GOI 2023 Sovereign 0.32
l ##addl. BENCHMARK INDEX: Crisil 10 year Gilt Index
l Exit Load
Nil
l PlanS & Options

Regular Plan, Direct Plan. Under Each Plan : Growth, Quarterly
Dividend & Normal Dividend. Both Dividend Options offer
Payout and Reinvestment facility.

Normally despatched within 3-4 Business Days. Portfolio Classification by Asset Class (%) Portfolio Classification by Rating Class (%)
G-Sec 66.49 Sovereign 66.49
Credit Exposure 28.56 AAA/AAA(SO)/A1+/A1+(SO)
Cash, Cash Equivalents and & Equivalent 13.60
Net Current Assets 4.95 AA+ & Below 14.96
l To optimise returns while maintaining a balance of safety,
yield and liquidity by investment in debt and money market Date Period Scheme Benchmark Additional Value of ` 10,000 invested
instruments. Returns Returns Benchmark
Riskometer (%) ## (`)# Benchmark
(`)##
Jul 29, 16 Last 1 Year 7.53 9.94 9.83 10,757 11,000 10,989
Jul 31, 14 Last 3 Years 10.39 11.00 11.15 13,455 13,680 13,734
Jul 31, 12 Last 5 Years 8.94 9.61 8.60 15,351 15,826 15,110
Sep 11, 00 Since Inception 8.34 N.A. N.A. 38,703 N.A. N.A.
Performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. N.A.: Not Available. For
Investors understand that their principal will be performance of other schemes managed by Shobhit Mehrotra, please refer page 51. Different plans viz. Regular Plan and Direct Plan have
at moderate risk a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses /
Face Value per Unit: ` 10 unless otherwise specified, Data is as of July 31, 2017 unless otherwise specified.
HDFC High Interest Fund Dynamic Plan (An open-ended income scheme)
To generate income by investing in a range of debt and money Issuer Rating % to Issuer Rating % to
market instruments of various maturity dates with a view to NAV NAV
maximise income while maintaining the optimum balance of
yield, safety and liquidity. Debt & Debt Related 8.68 SDL 2023 Sovereign 0.26
l Fund Manager ¥ Government Securities 8.15 GOI 2022 Sovereign 0.26
Anil Bamboli (since February 16, 04) • 8.32 GOI 2032 Sovereign 11.24 8.14 SDL 2025 Sovereign 0.25
Total Experience: Over 23 years 7.85 SDL 2027 Sovereign 0.05
l Inception Date (Date of Allotment) 8.33 GOI 2026 Sovereign 0.04
April 28, 1997 8.51 SDL 2023 Sovereign 0.04
• 8.21 SDL 2022 Sovereign 3.76
NAV (as on July 31, 2017) NAV per Unit (`) • 8.24 GOI 2033 Sovereign 3.20 1.44 GOI 2023 Sovereign 0.03
Regular Plan - Growth Option 58.6952 8.26 SDL 2025 Sovereign 0.03
Regular Plan - Quarterly Dividend Option 12.0727 • 8.17 GOI 2044 Sovereign 2.96
Regular Plan - Half-Yearly Dividend Option 11.8688 • 6.79 GOI 2029 Sovereign 2.90 8.19 SDL 2026 Sovereign 0.00
Regular Plan - Yearly Dividend Option 13.1555 Sub Total 65.97
Regular Plan - Normal Dividend Option 12.5742 7.88 GOI 2030 Sovereign 2.59
Direct Plan - Growth Option 60.8715 8.28 GOI 2027 Sovereign 2.37 Credit Exposure
Direct Plan - Quarterly Dividend Option 12.5346 • Union Bank of India FITCH - AA 5.10
Direct Plan - Half-Yearly Dividend Option 12.7831 7.61 GOI 2030 Sovereign 2.29
Direct Plan - Yearly Dividend Option 13.6680 8.29 SDL 2024 Sovereign 1.84 • State Bank of India CRISIL - AA+, AAA 4.94
Direct Plan - Normal Dividend Option 12.8168 • Power Finance CARE - AAA /
8.27 SDL 2023 Sovereign 1.83
Corporation Ltd. CRISIL - AAA 3.66
As on July 31, 2017 2,072.98 Bank of India CRISIL - A+ 2.51
Average for Month of July, 2017 2,091.21 Punjab National Bank CRISIL - AA 2.41
l quantitative data Hindalco Industries Ltd. CRISIL - AA 1.81
Average Maturity * 10.22 years Syndicate Bank CARE - AA- 1.70
Modified Duration * 5.94 years 7.73 GOI 2034 Sovereign 1.54
Mahanagar Telephone
Yield to Maturity * 7.42% 0.00 GOI 2027 Sovereign 1.48 Nigam Ltd. CARE - AAA(SO) 1.34
* Computed on the invested amount.
8.20 GOI 2022 Sovereign 1.28 National Highways Authority
Total Expense Ratio (Weighted Average for the month) of Indi CRISIL - AAA 1.23
Excluding Goods and Service Tax on Management Fees 8.56 SDL 2023 Sovereign 1.28
Axis Bank Ltd. CRISIL - AA+ 1.22
Regular: 1.67% Direct: 0.97% 7.68 GOI 2023 Sovereign 1.27
Oriental Bank of Commerce ICRA - A 1.21
l #BENCHMARK INDEX: CRISIL Composite Bond Fund Index Bank of Baroda CARE - AA 0.74
l ##addl. BENCHMARK INDEX: CRISIL 10 year Gilt Index 7.35 GOI 2024 Sovereign 1.24
Tata Power Co. Ltd. CRISIL - AA- 0.26
l Exit Load NTPC Ltd. CRISIL - AAA 0.03
Load of 0.50% is payable if Units are redeemed / switched- 8.08 GOI 2022 Sovereign 0.77 Sub Total 28.16
out within 6 months from the date of allotment. 8.15 SDL 2021 Sovereign 0.50 Cash, Cash Equivalents and Net Current Assets 5.87
out after 6 months from the date of allotment. 7.40 GOI 2035 Sovereign 0.50 Grand Total 100.00
For further details, please refer to para ‘Exit Load’ on Pg 51. 7.87 SDL 2027 Sovereign 0.33
l PlanS & Options
Regular Plan, Direct Plan. Under Each Plan: Growth, Normal
Dividend, Quarterly Dividend, Half Yearly Dividend, & Yearly
Dividend. All Dividend Options offer Payout and Reinvestment
facility.
Normally despatched within 3-4 Business Days. Sovereign 65.97
G-Sec, SDL 65.97
¥ Dedicated Fund Manager for Overseas Investments: AAA/AAA(SO)/A1+/A1+(SO)
This product is suitable for investors who are seeking ~ Net Current Assets 5.87
l Stable returns over medium to long term.
l To maximize income while maintaining the optimum balance Performance^ - Regular Plan - Growth Option
of yield, safety and liquidity by investing in a range of debt
and money market instruments of various maturity dates. Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Riskometer (%) (%)# Returns Scheme (`) Benchmark Additional
(`)##
Jul 29, 16 Last 1 Year 8.45 9.94 9.83 10,850 11,000 10,989
Jul 31, 14 Last 3 Years 10.79 11.00 11.15 13,601 13,680 13,734
Jul 31, 12 Last 5 Years 9.87 9.61 8.60 16,016 15,826 15,110
Apr 28, 97 Since Inception 9.12 N.A. N.A. 58,695 N.A. N.A.
Returns greater than 1 year period are compounded annualized (CAGR). Performance of dividend option under the schemes for the investors
would be net of distribution tax as applicable. N.A.: Not Available. For performance of other schemes managed by Anil Bamboli, please
Investors understand that their principal will be refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under
at moderate risk the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct
Plan, refer page no. 64.
HDFC High Interest Fund Short Term Plan (An open-ended income scheme)
To generate income by investing in a range of debt and money Issuer Rating % to Issuer Rating % to
market instruments of various maturity dates with a view to NAV NAV
maximising income while maintaining the optimum balance
of yield, safety and liquidity. The objective is to cater to the Debt & Debt Related Hindustan Petroleum
Corporation Ltd. CRISIL - AAA 2.39
needs of investors with shorter term investment horizons and Government Securities
to provide stable returns over shorter periods. Volkswagen Finance Private
• 6.79 GOI 2029 Sovereign 3.31 Limited FITCH - AAA 2.39
l Fund Manager ¥ • 7.59 GOI 2029 Sovereign 3.07 Union Bank of India FITCH - AA 2.39
Shobhit Mehrotra (since September 1, 07) 7.68 GOI 2023 Sovereign 2.73 Nuvoco Vistas Corporation
Total Experience: Over 25 years 0.00 GOI 2027 Sovereign 2.54 Limited CRISIL - AA 2.39
7.95 GOI 2032 Sovereign 1.28 Sundaram Finance Ltd. ICRA - AA+ 2.37
7.59 GOI 2026 Sovereign 1.24 Syndicate Bank CARE - AA- 2.13
February 6, 2002
6.57 GOI 2033 Sovereign 1.15 Andhra Pradesh
Expressway Ltd. ICRA - AAA(SO) 1.33
NAV (as on July 31, 2017) NAV per Unit (`) 8.60 GOI 2028 Sovereign 1.05
IDBI Bank Ltd. CRISIL - BBB+ / ICRA
Regular Plan - Growth Option 33.5894 7.61 GOI 2030 Sovereign 0.50 - BBB- 1.24
8.68 SDL 2017 Sovereign 0.22 Oriental Bank of Commerce ICRA - A 1.19
Regular Plan - Fortnightly Dividend Option 10.5789
Direct Plan - Growth Option 34.3532 Sub Total 17.09 Punjab National Bank CRISIL - AA 1.18
Direct Plan - Dividend Option 12.8617 Money Market Instruments Tube Investments
Direct Plan - Fortnightly Dividend Option 10.6667 of India Ltd. CRISIL - AA 1.18
CD/CP
aSSETS UNDER MANAGEMENT (`) IN CRORE National Bank for Agriculture & Prism Cement Ltd. FITCH - A- 0.99
Rural Development CRISIL - A1+ 2.28 Andhra Bank CARE - AA- 0.98
As on July 31, 2017 2,118.37
Average for Month of July, 2017 2,112.84 Sub Total 2.28 Reliance Port and
Credit Exposure Terminal Ltd. CRISIL - AAA 0.96
l quantitative data Mandava Holdings Pvt Ltd
Average Maturity * 3.67 years Finance Corporation Ltd.£ CRISIL - AAA 10.68 (Axis Capital Underwriting) ICRA - AAA 0.93
Modified Duration * 2.59 years • Tata Power Co. Ltd. ICRA - AA- 4.74 Sadbhav Infrastructure
Yield to Maturity * 7.55% Project Ltd CARE - A+(SO) 0.89
* Computed on the invested amount. • Vedanta Ltd. CRISIL - AA 4.32
Mahanagar Telephone
• HPCL-Mittal Energy Limited FITCH - AA 3.97 Nigam Ltd. CARE - AAA(SO) 0.50
• TATA International Ltd. CARE - A+ 3.80 Aditya Birla Fashion and
• LIC Housing Finance Ltd. CRISIL - AAA 3.60 Retail Ltd. CRISIL - AA 0.48
• Reliance Jio Raymond Ltd. CRISIL - AA- 0.48
l #BENCHMARK INDEX: CRISIL Short Term Bond Fund Index Infocomm Limited CRISIL - AAA 3.37 Mahindra & Mahindra
• Toyota Financial Services Financial Services Ltd. FITCH - AAA 0.48
l ##addl. BENCHMARK INDEX: CRISIL 1 year T-Bill Index
India Ltd CRISIL - AAA 2.77 Power Finance
Rural Electrification Corporation Ltd. CRISIL - AAA 0.02
l Exit Load
Corporation Ltd. CRISIL - AAA 2.60 Sub Total 74.01
Nil
Indiabulls Housing Cash, Cash Equivalents and Net Current Assets 6.62
l PlanS & Options Finance Ltd. CARE - AAA 2.45
Grand Total 100.00
Regular Plan, Direct Plan. Under both the Plans : Growth, HDFC Bank Ltd. CRISIL - AA+ 2.42
Normal Dividend & Fortnightly Dividend. Both Dividend Bank of India CRISIL - A+ 2.40 • Top Ten Holdings, £ Co-sponsor
Options offer Payout and Reinvestment facility.
Additional Purchase : ` 1,000 and any amount thereafter. Portfolio Classification by Asset Class (%) Portfolio Classification by Rating Class (%)
Sovereign 17.09
Normally despatched within 3-4 Business Days. G-Sec, SDL 17.09
¥ Dedicated Fund Manager for Overseas Investments: CD/CP 2.28 & Equivalent 36.75
Mr Rakesh Vyas (Total Experience - Over 10 years). Credit Exposure 74.01 AA+ & Below 39.54
Cash, Cash Equivalents and Cash, Cash Equivalents and
Net Current Assets 6.62 Net Current Assets 6.62
l Stable returns over short to medium term.
l To maximize income while maintaining the optimum balance Performance^ - Regular Plan - Growth Option
of yield, safety and liquidity by investing in a range of debt
and money market instruments of various maturity dates. Date Period Scheme Benchmark Additional Value of ` 10,000 invested
(`)##
Jul 29, 16 Last 1 Year 8.74 8.37 6.42 10,879 10,842 10,646
Jul 31, 14 Last 3 Years 9.28 9.14 7.54 13,055 13,004 12,441
Jul 31, 12 Last 5 Years 9.06 9.08 7.32 15,432 15,444 14,240
Feb 06, 02 Since Inception 8.14 N.A. 5.98 33,589 N.A. 24,585
would be net of distribution tax as applicable. N.A.: Not Available. For performance of other schemes managed by Shobhit Mehrotra,
Investors understand that their principal will be please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan
at moderate risk under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of
Face Value per Unit: ` 10 unless otherwise specified, CD - Certificate of Deposit; CP - Commercial Papers, Data is as of July 31, 2017 unless otherwise specified.
HDFC Regular Savings Fund (An open-ended income scheme)
To generate regular income through investment in Debt Issuer Rating % to NAV Issuer Rating % to NAV
Securities and Money Market Instruments. Debt & Debt Related Simplex Infrastructures Ltd. CARE - A 0.88
Money Market Instruments Rural Electrification
l Fund Manager ¥ CD/CP Corporation Ltd. CRISIL - AAA 0.79
Anil Bamboli (since January 13, 04) • Simplex Infrastructures Ltd. CARE - A1 3.02 Aarti Industries Ltd. CRISIL - AA- 0.78
Total Experience: Over 23 years Steel Authority of India Ltd. CARE - A1+ 1.05 Parry Sugars Refinery India Pvt
ITD Cementation India Ltd. CARE - A1 0.92 Ltd.(Corporate Guarantee by
l Inception Date (Date of Allotment) Julius Baer Capital (India) Private FITCH - A1+ 0.19 EID Parry) CRISIL - AA-(SO) 0.77
February 28, 2002 Sub Total 5.18 Inox Air Products Ltd. CRISIL - AA 0.72
Credit Exposure KKR India Financial Services
NAV (as on July 31, 2017) NAV per Unit (`) • Housing Development Pvt Ltd. CRISIL - AA 0.70
Finance Corporation Ltd.£ CRISIL - AAA 7.10 Aditya Birla Fashion and
Regular Plan - Growth Option 33.3238 Retail Ltd. CRISIL - AA 0.68
Regular Plan - Dividend Option 12.8884 • Vedanta Ltd. CRISIL - AA 6.71
• Power Finance Corporation Ltd. CRISIL - AAA 3.65 Bhanu Vyapar Private Ltd.
Regular Plan - Monthly Dividend Option 10.3733 (Secured with shares of Emami Ltd.) FITCH - AA-(SO) 0.64
Direct Plan - Growth Option 33.9471 • HPCL-Mittal Energy Limited FITCH - AA 3.62
• Nuvoco Vistas Corporation Ltd. CRISIL - AA 3.48 IIFL Holdings Limited ICRA - AA 0.63
Direct Plan - Dividend Option 12.9318 Repco Home Finance Ltd CARE - AA 0.53
Direct Plan - Monthly Dividend Option 10.3410 • Sadbhav Infrastructure
Project Ltd CARE - A+(SO) 3.32 Arm Infra & Utilities Private Ltd. BRICKWORKS - A+(SO) 0.53
aSSETS UNDER MANAGEMENT (`) IN CRORE • Adani Transmission Limited FITCH - AA+ 3.32 Tata Realty and Infrastructure Ltd. CRISIL - AA 0.52
• TMF Holdings Ltd. CRISIL - AA 3.09 Prism Cement Ltd. FITCH - A- 0.51
As on July 31, 2017 5,155.37 Prabhakar Viniyog Private Ltd. BRICKWORKS - AA-(SO) 0.51
• Adani Power Ltd. (Secured by
Average for Month of July, 2017 5,070.99 Shares of Adani Port & SEZ Ltd.) CARE - AA-(SO) 3.07 National Highways Authority
Trends in Vogue Private Limited ICRA - AAA(SO) 2.91 of India CRISIL - AAA 0.49
l quantitative data Century Textiles & Industries Ltd. CRISIL - AA- 0.49
National Bank for Agriculture &
Average Maturity * 1.66 years Rural Development CRISIL - AAA 2.72 JM Financial Credit Solutions Ltd FITCH - AA 0.49
Modified Duration * 1.44 years Cholamandalam Investment Indostar Capital Finance Ltd. CARE - AA- 0.49
Yield to Maturity * 8.03% and Finance Company Ltd. CRISIL - AA / ICRA - AA 2.50 Nabha Power Ltd. (Corporate
* Computed on the invested amount. Tata Motors Finance Ltd. CRISIL - AA 2.08 Guarantee of L&T Ltd.) ICRA - AAA(SO) 0.49
EID Parry (India) Ltd. CRISIL - AA- 1.97 Daimler Fin Ser (I) Pvt Ltd. FITCH - AAA 0.49
Total Expense Ratio (Weighted Average for the month) Forbes Technosys Ltd (Corporate
Tata Capital Financial Services Ltd. ICRA - AA+ 1.95
Excluding Goods and Service Tax on Management Fees Guarantee of Forbes & Co. Ltd.,
Steel Authority of India Ltd. FITCH - AA 1.81
Regular: 1.72% Direct: 1.02% Tata Sky Limited (Subsidiary of a Shapoorji & Pallonji Group Co.) CRISIL - AA-(SO) 0.49
Tata Sons) CRISIL - A+ 1.77 Tata Power Co. Ltd. ICRA - AA- 0.49
l #BENCHMARK INDEX: CRISIL Short Term Bond Fund Index LIC Housing Finance Ltd. CRISIL - AAA 1.62 ONGC Petro additions Ltd. (OPAL) CRISIL - AAA(SO) 0.47
l ##addl. BENCHMARK INDEX: CRISIL 1 year T-Bill Index Hinduja Leyland Finance Ltd CARE - AA- 1.50 Sprit Textiles Private Ltd. (Secured
L&T Infrastructure Finance Co. Ltd. ICRA - AA+ 1.47 with shares of ZEE Entertainment
l Exit Load Enterprise Ltd & Dish TV Ltd) Unrated 0.38
G R Infraprojects Limited CARE - AA- 1.47
APL Apollo Tubes Ltd. CARE - A+ 0.30
l In respect of each purchase / switch-in of Units, 15% of Prime Publishing Private Limited
(Secured with shares of ZEE Aavas Financiers Limited ICRA - A 0.30
the units (“the limit”) may be redeemed without any exit JM Financial Asset
Load from the date of allotment. Entertainment Enterprise Ltd) BRICKWORKS - AA-(SO) 1.32
Peninsula Land Limited ICRA - A 1.28 Reconstruction Company Ltd. ICRA - AA- 0.23
Mandava Holdings Pvt Ltd Tata Motors Ltd. CARE - AA+ 0.22
to the following exit load: Small Industries Development
n Exit load of 0.75% is payable if units are redeemed / (Axis Capital Underwriting) ICRA - AAA 1.15
Raymond Ltd. CRISIL - AA- 1.02 Bank of India CARE - AAA 0.20
switched out within 12 months from the date of Astra Microwave Products Ltd. CRISIL - A+ 0.20
allotment. JM Financial Products Ltd. ICRA - AA 1.01
Au Small Finance Bank Ltd. FITCH - A+ 1.00 BMW India Financial Services
l No Exit load is payable if units are redeemed / switched Pvt. Ltd. CRISIL - AAA 0.19
out after 12 months from the date of allotment. Tata Sons Ltd. CRISIL - AAA 0.99
AASAN Corporate Solutions India Ltd. CRISIL - AAA 0.19
For further details, please refer to para ‘Exit Load’ on Pg 51. Private Limited ICRA - A+(SO) 0.99
L&T Finance Limited CARE - AA+ 0.97 Sub Total 90.42
l PlanS & Options
The Ramco Cements Ltd. ICRA - AA+ 0.97 Cash, Cash Equivalents and Net Current Assets 4.40
Regular Plan, Direct Plan. Under both the Plans : Growth, HDB Financial Services Ltd. CARE - AAA 0.97
Monthly Dividend option & Normal Dividend. Both Dividend Shriram Transport CARE - AA+ / CRISIL - Grand Total 100.00
options offer Payout and Reinvestment facilities. Finance Co. Ltd. AA+ / FITCH - AA+ 0.94 • Top Ten Holdings, £ Co-sponsor
GERA Development Private Ltd. CARE - A+ 0.89
Additional Purchase : ` 1,000 and any amount thereafter. Portfolio Classification by Asset Class (%) Portfolio Classification by Rating Class (%)
Normally despatched within 3-4 Business Days. AAA/AAA(SO)/A1+/A1+(SO)
CD/CP 5.18
¥ Dedicated Fund Manager for Overseas Investments: & Equivalent 25.66
Mr Rakesh Vyas (Total Experience - Over 10 years). Credit Exposure 90.42 AA+ & Below 69.56
Cash, Cash Equivalents and Unrated 0.38
Net Current Assets 4.40 Cash, Cash Equivalents and
l Regular income over short to medium term.
l Investment in debt and money market instruments with a Performance^ - Regular Plan - Growth Option
short to medium term maturity (average maturity profile of
1-3 years). Date Period Scheme Benchmark Additional Value of ` 10,000 invested
(`)##
Jul 29, 16 Last 1 Year 8.84 8.37 6.42 10,889 10,842 10,646
Jul 31, 14 Last 3 Years 9.76 9.14 7.54 13,228 13,004 12,441
Jul 31, 12 Last 5 Years 9.34 9.08 7.32 15,632 15,444 14,240
Feb 28, 02 Since Inception 8.11 N.A. 5.98 33,324 N.A. 24,488
~ Investors should consult their financial advisers if in doubt Plan, refer page no. 64.
Face Value per Unit: ` 10 unless otherwise specified, CD - Certificate of Deposit; CP - Commercial Papers. Data is as of July 31, 2017 unless otherwise specified.
HDFC Short Term Opportunities Fund (An open-ended income scheme)
To generate regular income through investments in Debt/ Issuer Rating % to NAV Issuer Rating % to NAV
Money Market Instruments and Government Securities with Debt & Debt Related Cholamandalam Investment
maturities not exceeding 36 months. Government Securities and Finance Company Ltd. ICRA - AA 1.21
7.86 SDL 2019 Sovereign 2.15 Nabha Power Ltd(Corporate
l Fund Manager ¥ 8.39 SDL 2019 Sovereign 2.12 Guarantee of L&T Ltd.) ICRA - AAA(SO) 1.17
7.75 SDL 2018 Sovereign 1.31 Hindustan Petroleum
Anil Bamboli (since June 25, 10) 9.20 SDL 2018 Sovereign 0.99 Corporation Ltd. CRISIL - AAA 0.97
Total Experience: Over 23 years 8.35 SDL 2018 Sovereign 0.97 Volkswagen Finance
8.39 SDL 2018 Sovereign 0.73 Private Limited FITCH - AAA 0.97
l Inception Date (Date of Allotment) 8.28 SDL 2018 Sovereign 0.24 Bajaj Finance Ltd. CRISIL - AAA / FITCH
8.46 SDL 2019 Sovereign 0.24 - AAA 0.97
June 25, 2010
Sub Total 8.75 Vedanta Ltd. CRISIL - AA 0.88
Money Market Instruments Daimler Fin Ser (I) Pvt Ltd. FITCH - AAA 0.73
NAV (as on July 31, 2017) NAV per Unit (`) Mahindra Vehicle
CD/CP
Regular Plan - Growth Option 18.4790 Manufacturers Ltd. ICRA - AAA 0.61
Indiabulls Housing Finance Ltd. CRISIL - A1+ 0.03
Regular Plan - Fortnightly Dividend Option 10.2306 ICICI Home Finance Ltd. ICRA - AAA 0.59
Sub Total 0.03
Regular Plan - Normal Dividend Option 12.4247 Tata Motors Finance Ltd. CRISIL - AA 0.57
Credit Exposure
Direct Plan - Growth Option 18.6040 ONGC Mangalore
• National Bank for Agriculture CRISIL - AAA / FITCH Petrochemicals Ltd FITCH - AAA 0.49
Direct Plan - Fortnightly Dividend Option 10.2908 & Rural Development - AAA 10.92
Direct Plan - Normal Dividend Option 12.4370 Sun Pharma
• Housing Development Laboratories Limited ICRA - AAA 0.49
Finance Corporation Ltd.£ CRISIL - AAA 10.36
Toyota Financial
aSSETS UNDER MANAGEMENT (`) IN CRORE • Power Finance Corporation Ltd. CRISIL - AAA 7.52 Services India Ltd CRISIL - AAA 0.49
As on July 31, 2017 10,394.39 • Rural Electrification Talwandi Sabo Power Ltd.
Corporation Ltd. CRISIL - AAA 6.57 (Corporate Guarantee of
• ONGC Petro additions Vedanta Ltd.) CRISIL - AA(SO) 0.48
Limited (OPAL) CRISIL - AAA(SO) 5.67 CanFin Homes Ltd CARE - AAA / ICRA
l quantitative data • Indiabulls Housing Finance Ltd. CARE - AAA 4.99 - AAA 0.46
Average Maturity * 1.59 years • LIC Housing Finance Ltd. CARE - AAA / CRISIL Tata Sons Ltd. CRISIL - AAA 0.43
Modified Duration * 1.37 years - AAA 4.41 Indian Oil Corporation Ltd. ICRA - AAA 0.30
Yield to Maturity * 7.03% • Mahindra & Mahindra CARE - AAA / FITCH Aditya Birla Finance Ltd. ICRA - AA+ 0.30
* Computed on the invested amount. Financial Services Ltd. - AAA 4.12
NTPC Ltd. CRISIL - AAA 0.29
• Small Industries Development
Bank of India CARE - AAA 3.35 UltraTech Cement Ltd. CRISIL - AAA 0.24
Total Expense Ratio (Weighted Average for the month) L&T Infrastructure
• Export - Import Bank of India CRISIL - AAA 2.85
Excluding Goods and Service Tax on Management Fees HDB Financial Services Ltd. CARE - AAA / CRISIL
Finance Co. Ltd. ICRA - AA+ 0.24
Regular: 0.37% Direct: 0.22% - AAA 2.67 Kkr India Financial
Services Pvt Ltd. CRISIL - AA 0.24
L&T Finance Limited CARE - AA+ 2.50
National Housing Bank CRISIL - AAA 0.08
l #BENCHMARK INDEX: CRISIL Short Term Bond Fund Index Reliance Jio Infocomm Limited CRISIL - AAA 2.28
Steel Authority of India Ltd. FITCH - AA 0.03
Tata Capital Financial
l ##addl. BENCHMARK INDEX: CRISIL 1 year T-Bill Index Services Ltd. ICRA - AA+ 1.93 Sub Total 87.73
Kotak Mahindra Prime Ltd. CRISIL - AAA 1.64 Cash, Cash Equivalents and Net Current Assets 3.49
l Exit Load Power Grid Corporation of
India Ltd. CRISIL - AAA 1.50 Grand Total 100.00
Nil Nuvoco Vistas Corporation • Top Ten Holdings, £ Co-sponsor
l PlanS & Options Limited CRISIL - AA 1.22
Regular Plan, Direct Plan. Under Each Plan: Growth,
Fortnightly Dividend & Normal Dividend. Both Dividend
options offer Payout and Reinvestment facilities.

¥ Dedicated Fund Manager for Overseas Investments: Portfolio Classification by Asset Class (%) Portfolio Classification by Rating Class (%)
SDL 8.75 Sovereign 8.75

AA+ & Below 9.60
l Regularincome over short to medium term.
l Investment in debt and money market instruments and
government securities with maturities not exceeding Performance^ - Regular Plan - Growth Option
36 months.
(`)##
Jul 29, 16 Last 1 Year 8.18 8.37 6.42 10,822 10,842 10,646
Jul 31, 14 Last 3 Years 8.99 9.14 7.54 12,949 13,004 12,441
Jul 31, 12 Last 5 Years 9.08 9.08 7.32 15,445 15,444 14,240
Investors understand that their principal will be would be net of distribution tax as applicable. For performance of other schemes managed by Anil Bamboli, please refer page 51. Different
at moderately low risk plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower
HDFC Medium Term Opportunities Fund (An open-ended income scheme)
To generate regular income through investments in Debt/ Issuer Rating % to NAV Issuer Rating % to NAV
Money Market Instruments and Government Securities with Debt & Debt Related • ONGC Petro additions
maturities not exceeding 60 months. Government Securities Limited (OPAL) CRISIL - AAA(SO) 5.77
• 8.15 SDL 2021 Sovereign 6.03 • Bajaj Finance Ltd. CRISIL - AAA / FITCH
l Fund Manager ¥ 8.39 SDL 2021 Sovereign 2.55 - AAA 5.02
8.76 SDL 2022 Sovereign 1.70 • Indiabulls Housing Finance Ltd. CARE - AAA 4.52
Anupam Joshi (since October 27, 15) 8.94 SDL 2022 Sovereign 1.29 • HDB Financial Services Ltd. CARE - AAA / CRISIL
Total Experience: Over 11 years 8.39 SDL 2020 Sovereign 1.24 - AAA 4.09
8.21 SDL 2021 Sovereign 1.01 • Mahindra & Mahindra
l Inception Date (Date of Allotment) 8.54 SDL 2021 Sovereign 0.91 Financial Services Ltd. FITCH - AAA 4.06
June 29, 2010 8.52 SDL 2021 Sovereign 0.76 • National Highways Authority
8.43 SDL 2021 Sovereign 0.75 of India CRISIL - AAA 3.99
8.59 SDL 2021 Sovereign 0.72 Export - Import Bank of India CRISIL - AAA 3.60
NAV (as on July 31, 2017) NAV per Unit (`) Power Grid Corporation of
Regular Plan - Growth Option 18.7014 India Ltd. CRISIL - AAA 3.12
Regular Plan - Dividend Option 12.7197 NTPC Ltd. CRISIL - AAA / ICRA
8.38 SDL 2021 Sovereign 0.30 - AAA 2.95
Regular Plan - Quarterly Dividend Option 10.3777 8.39 SDL 2022 Sovereign 0.25
Direct Plan - Growth Option 18.7783 Indian Railway Finance
7.86 SDL 2019 Sovereign 0.25 Corporation Ltd. CRISIL - AAA 2.48
Direct Plan - Dividend Option 12.8873 8.42 SDL 2021 Sovereign 0.20
Direct Plan - Quarterly Dividend Option 10.4216 Reliance Jio Infocomm Limited CRISIL - AAA 1.95
8.21 SDL 2022 Sovereign 0.18 National Bank for Agriculture &
8.68 SDL 2021 Sovereign 0.16 Rural Development CRISIL - AAA 1.82
aSSETS UNDER MANAGEMENT (`) IN CRORE 8.64 SDL 2021 Sovereign 0.15 Tata Sons Ltd. CRISIL - AAA 1.46
As on July 31, 2017 10,352.85 8.56 SDL 2021 Sovereign 0.10 Rural Electrification
Average for Month of July, 2017 9,753.55 8.21 SDL 2020 Sovereign 0.00 Corporation Ltd. CRISIL - AAA 1.09
Sub Total 19.36 Food Corporation of India CRISIL - AAA(SO) 0.86
l quantitative data Money Market Instruments Kotak Mahindra Prime Ltd. CRISIL - AAA 0.24
CD/CP Reliance Industries Ltd. CRISIL - AAA 0.21
Average Maturity * 3.01 years CanFin Homes Ltd ICRA - A1+ 0.43 IDFC Bank Ltd. ICRA - AAA 0.03
Modified Duration * 2.45 years Sub Total 0.43 Mahindra Vehicle Manufacturers
Yield to Maturity * 7.13% Credit Exposure Ltd. ICRA - AAA 0.00
* Computed on the invested amount. • Power Finance Corporation Ltd. CARE - AAA / CRISIL Sub Total 77.18
- AAA 11.49
Total Expense Ratio (Weighted Average for the month) • Housing Development Cash, Cash Equivalents and Net Current Assets 3.03
Excluding Goods and Service Tax on Management Fees Finance Corporation Ltd.£ CRISIL - AAA 11.07 Grand Total 100.00
• LIC Housing Finance Ltd. CARE - AAA / CRISIL
Regular: 0.36% Direct: 0.26% - AAA 7.36 • Top Ten Holdings, £ Co-sponsor
l #BENCHMARK INDEX: CRISIL Composite Bond Fund Index
l ##addl. BENCHMARK INDEX: CRISIL 10 year Gilt Index
l Exit Load
Nil
l PlanS & Options

Regular Plan, Direct Plan. Under both the Plans: Growth,
Quarterly Dividend & Normal Dividend. Both Dividend options
offer Payout and Reinvestment facilities.

SDL 19.36 Sovereign 19.36
& Equivalent 77.61
Credit Exposure 77.18
l Regular income over medium to short term.
l Investment in debt, money market instruments and
government securities with maturities not exceeding Performance^ - Regular Plan - Growth Option
60 months.
(`)##
Jul 29, 16 Last 1 Year 8.97 9.94 9.83 10,902 11,000 10,989
Jul 31, 14 Last 3 Years 9.64 11.00 11.15 13,184 13,680 13,734
Jul 31, 12 Last 5 Years 9.50 9.61 8.60 15,748 15,826 15,110
Investors understand that their principal will be would be net of distribution tax as applicable. For performance of other schemes managed by Anupam Joshi, please refer page 51. Different
at moderately low risk plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower
HDFC Gilt Fund Short Term Plan (An open-ended income scheme)
To generate credit risk-free returns through investments in Issuer Rating % to Issuer Rating % to
sovereign securities issued by the Central Government and/ NAV NAV
or State Government.
Debt & Debt Related 8.51 SDL 2023 Sovereign 0.08
l Fund Manager ¥ Government Securities 8.19 GOI 2020 Sovereign 0.00
Anil Bamboli (since September 1, 07) • 8.35 GOI 2022 Sovereign 22.70 Sub Total 85.89
• 8.20 GOI 2022 Sovereign 15.02 T-bills
l Inception Date (Date of Allotment) • 7.68 GOI 2023 Sovereign 13.39 • DCMB (Discounted Cash
Management Bills)
July 25, 2001 • 7.35 GOI 2024 Sovereign 8.76 63 days- Mat 080817 Sovereign 4.24
• 8.13 GOI 2022 Sovereign 7.52 Total 90.13
Regular Plan - Dividend Option 11.3643 • 8.08 GOI 2022 Sovereign 7.50 Cash, Cash Equivalents and Net Current Assets 9.87
Direct Plan - Growth Option 28.3682 • 8.94 SDL 2022 Sovereign 1.51
Direct Plan - Dividend Option 11.5463 Grand Total 100.00
As on July 31, 2017 353.25
l quantitative data

l #BENCHMARK INDEX: I-Sec Si-Bex

l Exit Load
Nil
l PlanS & Options

Regular Plan, Direct Plan. Under both the Plans: Growth &
Dividend Option (Dividend Option offers Dividend Payout and

Mr Rakesh Vyas (Total Experience - Over 10 years). Portfolio Classification by Asset Class (%) Portfolio Classification by Rating Class (%)
G-Sec, SDL, T-bills 90.13 Sovereign 90.13


l Credit
risk free returns over short to medium term.
l Investment in sovereign securities issued by Central / State Performance^ - Regular Plan - Growth Option
Government with short to medium term maturities. Date Period Scheme Benchmark Additional Value of ` 10,000 invested
(`)##
Jul 29, 16 Last 1 Year 8.18 7.85 6.42 10,823 10,789 10,646
Jul 31, 14 Last 3 Years 9.52 8.68 7.54 13,140 12,839 12,441
Jul 31, 12 Last 5 Years 8.80 8.46 7.32 15,247 15,010 14,240
Jul 25, 01 Since Inception 6.64 N.A. 6.10 28,004 N.A. 25,830
Investors understand that their principal will be would be net of distribution tax as applicable. N.A.: Not Available. For performance of other schemes managed by Anil Bamboli, please
refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under
HDFC Gilt Fund Long Term Plan (An open-ended income scheme)
To generate credit risk-free returns through investments in Issuer Rating % to Issuer Rating % to
sovereign securities issued by the Central Government and/ NAV NAV
or State Government.
Debt & Debt Related 8.39 SDL 2022 Sovereign 1.09
l Fund Manager ¥ Government Securities 8.27 SDL 2022 Sovereign 0.87
Anil Bamboli (since September 1, 07) • 8.32 GOI 2032 Sovereign 12.73 8.66 SDL 2022 Sovereign 0.66
• 8.30 GOI 2040 Sovereign 11.26 7.40 GOI 2035 Sovereign 0.65
l Inception Date (Date of Allotment) • 6.79 GOI 2029 Sovereign 10.65 7.88 GOI 2030 Sovereign 0.45
July 25, 2001 • 8.24 GOI 2033 Sovereign 10.58 8.56 SDL 2023 Sovereign 0.44
• 7.35 GOI 2024 Sovereign 6.45 8.29 SDL 2024 Sovereign 0.44
• 0.00 GOI 2027 Sovereign 5.97 8.27 SDL 2023 Sovereign 0.44
Regular Plan - Dividend Option 11.2438 • 8.08 GOI 2022 Sovereign 4.86 7.87 SDL 2027 Sovereign 0.43
Direct Plan - Growth Option 35.8433 • 8.17 GOI 2044 Sovereign 4.65 8.13 GOI 2045 Sovereign 0.23
• 6.57 GOI 2033 Sovereign 4.26 7.16 GOI 2023 Sovereign 0.13
aSSETS UNDER MANAGEMENT (`) IN CRORE • 8.30 GOI 2042 Sovereign 3.52 7.80 GOI 2021 Sovereign 0.11
As on July 31, 2017 2,397.89 8.21 SDL 2022 Sovereign 3.25 8.97 GOI 2030 Sovereign 0.05
7.73 GOI 2034 Sovereign 2.22 7.72 GOI 2025 Sovereign 0.04
l quantitative data 8.20 GOI 2022 Sovereign 2.21 Sub Total 93.49
Average Maturity * 12.82 years 8.61 SDL 2022 Sovereign 1.69 Cash, Cash Equivalents and Net Current Assets 6.51
Modified Duration * 7.04 years 7.95 GOI 2032 Sovereign 1.63 Grand Total 100.00
7.68 GOI 2023 Sovereign 1.53 • Top Ten Holdings

l #BENCHMARK INDEX: I-Sec Li-Bex

l ##addl. BENCHMARK INDEX: CRISIL 10 year Gilt Index
l Exit Load
Nil
l PlanS & Options

Dividend Option (Dividend Option offers Dividend Payout and

Mr Rakesh Vyas (Total Experience - Over 10 years). Portfolio Classification by Asset Class (%) Portfolio Classification by Rating Class (%)
G-Sec, SDL 93.49 Sovereign 93.49


l Credit
risk free returns over medium to long term.
l Investment in sovereign securities issued by Central / State Performance^ - Regular Plan - Growth Option
Government with medium to long term maturities. Date Period Scheme Benchmark Additional Value of ` 10,000 invested
(`)##
Jul 29, 16 Last 1 Year 8.53 10.11 9.83 10,858 11,017 10,989
Jul 31, 14 Last 3 Years 12.15 12.57 11.15 14,110 14,271 13,734
Jul 31, 12 Last 5 Years 10.06 10.68 8.60 16,151 16,614 15,110
Jul 25, 01 Since Inception 8.17 N.A. N.A. 35,193 N.A. N.A.
HDFC Floating Rate Income Fund Short Term Plan (An open-ended income scheme)
To generate regular income through investment in a portfolio Issuer Rating % to NAV Issuer Rating % to NAV
comprising substantially of floating rate debt / money market Debt & Debt Related • Power Finance Corporation Ltd. CRISIL - AAA 3.86
instruments, fixed rate debt / money market instruments • LIC Housing Finance Ltd. CARE - AAA / CRISIL - AAA 3.79
swapped for floating rate returns, and fixed rate debt Government Securities
securities and money market instruments. 8.39 SDL 2019 Sovereign 2.34 Corporation Ltd. CRISIL - AAA 2.42
7.75 SDL 2018 Sovereign 0.25 Tata Power Co. Ltd. ICRA - AA- 2.01
l Fund Manager ¥ 8.21 SDL 2019 Sovereign 0.22 Canara Bank CRISIL - AA 1.99
Shobhit Mehrotra (since February 16, 04) 7.86 SDL 2019 Sovereign 0.16 Union Bank of India FITCH - AA 1.75
Total Experience: Over 25 years 8.50 SDL 2018 Sovereign 0.06 Syndicate Bank CARE - AA- 1.61
9.23 SDL 2022 Sovereign 0.03 Adani Ports and Special
l Inception Date (Date of Allotment) Sub Total 3.06 Economic Zone Ltd. FITCH - AA+ 1.56
January 16, 2003 T-bills Small Industries Development CARE - AAA / CRISIL
91 Days TBill - Mat 310817 Sovereign @ Bank of India - AAA 1.56
NAV (as on July 31, 2017) NAV per Unit (`) Kotak Mahindra Prime Ltd. CRISIL - AAA 1.34
Sub Total @
Retail Option Money Market Instruments L&T Finance Limited CARE - AA+ 1.33
Regular Plan - Growth Option 28.1499 Export - Import Bank of India CRISIL - AAA 1.11
Regular Plan - Daily Dividend Reinvestment Option 10.0809 CD/CP
• Power Finance Corporation Ltd. CARE - A1+ 6.69 Indian Railway Finance
Regular Plan - Weekly Dividend Option 10.1478 Corporation Ltd. CRISIL - AAA 1.04
Regular Plan - Monthly Dividend Option 10.2202 • Export - Import Bank of India CRISIL - A1+ 6.17 Shriram Transport Finance Co. Ltd. FITCH - AA+ 0.96
Wholesale Option • Steel Authority of India Ltd. CARE - A1+ 2.92 Volkswagen Finance Private Ltd. FITCH - AAA 0.93
Regular Plan - Growth Option 28.9956 • Axis Bank Ltd. CRISIL - A1+ 2.87 IDFC Bank Ltd. ICRA - AAA 0.77
Regular Plan - Daily Dividend Reinvestment Option 10.0809 Indusind Bank Ltd. CRISIL - A1+ 1.77 Hero Fincorp Ltd. ICRA - AA+ 0.75
Regular Plan - Weekly Dividend Option 10.1481 Small Industries Development Vedanta Ltd. CRISIL - AA 0.70
Regular Plan - Monthly Dividend Option 10.2222 Bank of India CARE - A1+ 1.51 Reliance Jio Infocomm Limited CRISIL - AAA 0.63
Direct Plan - Growth Option 29.0996 National Bank for Agriculture & Gujarat Road and Infra Co Ltd CARE - AAA(SO) 0.60
Direct Plan - Daily Dividend Reinvestment Option 10.0809 Rural Development CRISIL - A1+ 1.01 HDB Financial Services Ltd. CARE - AAA 0.56
Direct Plan - Weekly Dividend Option 10.1484 Tata Motors Ltd. ICRA - A1+ 0.99 Mahindra & Mahindra
Direct Plan - Monthly Dividend Option 10.2236 L&T Finance Limited CARE - A1+ 0.91 Financial Services Ltd. FITCH - AAA 0.53
aSSETS UNDER MANAGEMENT (`) IN CRORE BMW India Financial Axis Bank Ltd. CRISIL - AA+ 0.47
Services Pvt. Ltd. CRISIL - A1+ 0.91 Fullerton India Credit Company Ltd. CARE - AAA 0.39
As on July 31, 2017 16,207.72 PNB Housing Finance Ltd. CRISIL - A1+ 0.89 UltraTech Cement Ltd. CRISIL - AAA 0.37
Average for Month of July, 2017 15,998.95 Bharat Aluminium Co. Ltd. CRISIL - AA- 0.33
Adani Transmission Limited FITCH - A1+ 0.74
l quantitative data JM Financial Products Ltd. ICRA - A1+ 0.73 Aditya Birla Finance Ltd. ICRA - AA+ 0.31
Kotak Mahindra Investments Ltd. CRISIL - A1+ 0.61 Nabha Power Ltd(Corporate
Average Maturity * 339 days Guarantee of L&T Ltd.) ICRA - AAA(SO) 0.31
Modified Duration * 283 days ICICI Home Finance Ltd. ICRA - A1+ 0.60
Yield to Maturity * 6.91% Credit Suisse Finance (India) Pvt Ltd. CRISIL - A1+ 0.60 and Finance Company Ltd. ICRA - AA 0.31
* Computed on the invested amount. Indostar Capital Finance Ltd. CRISIL - A1+ 0.59 Trends in Vogue Private Limited ICRA - AAA(SO) 0.31
Tata Housing Development Bajaj Finance Ltd. CRISIL - AAA 0.22
Total Expense Ratio (Weighted Average for the month) Company Ltd CARE - A1+ 0.31
Excluding Goods and Service Tax on Management Fees Larsen & Toubro Ltd. CRISIL - AAA 0.16
JM Financial Asset ONGC Mangalore
Regular: 0.35% Direct: 0.20% Reconstruction Company Ltd. ICRA - A1+ 0.15 Petrochemicals Ltd FITCH - AAA 0.16
Andhra Bank FITCH - A1+ 0.07 Tata Capital Financial Services Ltd. ICRA - AA+ 0.16
l #BENCHMARK INDEX: Crisil Liquid Fund Index Corporation Bank CRISIL - A1+ 0.04 Andhra Pradesh Expressway Ltd. ICRA - AAA(SO) 0.15
l ##addl. BENCHMARK INDEX: CRISIL 1 year T-Bill Index Kotak Mahindra Bank Ltd. CRISIL - A1+ 0.03 ICICI Bank Ltd. CRISIL - AAA 0.09
ICICI Bank Ltd. CARE - A1+ 0.01 Tata Motors Finance Ltd. CRISIL - AA 0.09
l Exit Load Sundaram Finance Ltd. CRISIL - AA+ 0.06
Yes Bank Ltd. ICRA - A1+ 0.00
Nil Indiabulls Housing Finance Ltd. CRISIL - A1+ 0.00 Power Grid Corporation of
India Ltd. CRISIL - AAA 0.03
l PlanS & Options Sub Total 31.12
Credit Exposure Sub Total 64.16
Dividend Option. The Dividend Option offers Daily Dividend • Housing Development Cash, Cash Equivalents and Net Current Assets 1.66
Option (with Reinvestment facility only) and Weekly and Grand Total 100.00
Monthly Dividend Option (with Payout and Reinvestment • National Bank for Agriculture
& Rural Development CRISIL - AAA 7.09 • Top Ten Holdings, £ Co-sponsor, @ Less than 0.01%
facility).
• ONGC Petro additions
l Minimum Application Amount Limited (OPAL) CRISIL - AAA(SO) 6.46 Outstanding exposure in derivative
• Indiabulls Housing Finance Ltd. CARE - AAA 4.12 instruments interest Rate Swap (` in Crore) 100.00
Purchase : ` 10 lakh and any amount thereafter.
Additional Purchase : ` 1 and any amount thereafter.
¥ Dedicated Fund Manager for Overseas Investments: SDL, T-bills 3.06 Sovereign 3.06
Mr Rakesh Vyas (Total Experience - Over 10 years). CD/CP 31.12 AAA/AAA(SO)/A1+/A1+(SO)
AA+ & Below 14.39
l Regular income over short term.
l Investment in floating rate debt / money market instruments,
fixed rate debt / money market instruments swapped for
floating rate returns and fixed rate debt and money market Performance^ - Regular Plan - Growth Option
instruments of short term maturities with higher liquidity. Date Period Scheme Benchmark Additional Value of ` 10,000 invested
(`)##
Jul 29, 16 Last 1 Year 7.94 6.79 6.42 10,799 10,683 10,646
Jul 31, 14 Last 3 Years 8.71 7.78 7.54 12,849 12,522 12,441
Jul 31, 12 Last 5 Years 8.90 8.23 7.32 15,320 14,855 14,240
Returns greater than 1 year period are compounded annualized (CAGR). Since Inception returns are calculated on ` 13.1821 (allotment
Investors understand that their principal will be price). Performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. For performance
at moderately low risk of other schemes managed by Shobhit Mehrotra, please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different
expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission
HDFC Floating Rate Income Fund Long Term Plan (An open-ended income scheme)
To generate regular income through investment in a portfolio Issuer Rating % to NAV Issuer Rating % to NAV
comprising substantially of floating rate debt / money market Debt & Debt Related Hongkong & Shanghai Bank Ltd. FITCH - A1+ 1.25
instruments, fixed rate debt / money market instruments
Government Securities Sub Total 13.05
swapped for floating rate returns, and fixed rate debt
securities and money market instruments. • 7.35 GOI 2024 Sovereign 6.59 Credit Exposure
l Fund Manager ¥ • 8.24 GOI 2033 Sovereign 4.95 • Housing Development
Shobhit Mehrotra (since February 16, 04) 7.72 GOI 2025 Sovereign 3.70
Total Experience: Over 25 years • LIC Housing Finance Ltd. CARE - AAA / CRISIL
8.08 GOI 2022 Sovereign 3.05 - AAA 11.98
l Inception Date (Date of Allotment) 7.73 GOI 2034 Sovereign 2.40 • National Housing Bank CRISIL - AAA 11.27
January 16, 2003 7.68 GOI 2023 Sovereign 2.08 • Power Finance Corporation Ltd. CRISIL - AAA 8.03
8.40 GOI 2024 Sovereign 1.73 • Rural Electrification
8.15 GOI 2026 Sovereign 1.73 Corporation Ltd. CRISIL - AAA 4.83
Regular Plan - Weekly Dividend Option 10.1924 8.35 GOI 2022 Sovereign 1.71 • National Bank for Agriculture
Regular Plan - Normal Dividend Option 12.1441 & Rural Development CRISIL - AAA 4.73
Sub Total 29.56 Sub Total 53.00
Direct Plan - Weekly Dividend Option 10.5259
Direct Plan - Normal Dividend Option 12.0637 Money Market Instruments
aSSETS UNDER MANAGEMENT (`) IN CRORE CD/CP
As on July 31, 2017 1,565.60 • Axis Bank Ltd. CRISIL - A1+ 5.91 Grand Total 100.00
Average for Month of July, 2017 1,601.91 • National Bank for Agriculture • Top Ten Holdings, £ Co-sponsor
& Rural Development CRISIL - A1+ 5.89
l quantitative data
l #BENCHMARK INDEX: Crisil Liquid Fund Index
l Exit Load
out within 3 months from the date of allotment.
out after 3 months from the date of allotment.
l PlanS & Options
Regular Plan, Direct Plan. Under both the Plans: Growth,
Weekly Dividend Reinvestment Option and Normal Dividend
Option (with Payout facility).
G-Sec 29.56 Sovereign 29.56
¥ Dedicated Fund Manager for Overseas Investments: AAA/AAA(SO)/A1+/A1+(SO)
Mr Rakesh Vyas (Total Experience - Over 10 years). CD/CP 13.05
Credit Exposure & Equivalent 66.05
53.00
l Regular income over short to medium term.
l Investment in floating rate debt / money market instruments,
fixed rate debt / money market instruments swapped for Performance^ - Regular Plan - Growth Option
floating rate returns and fixed rate debt and money market
instruments of longer term maturities. Date Period Scheme Benchmark Additional Value of ` 10,000 invested
(`)##
Jul 29, 16 Last 1 Year 7.79 6.79 6.42 10,784 10,683 10,646
Jul 31, 14 Last 3 Years 8.66 7.78 7.54 12,833 12,522 12,441
Jul 31, 12 Last 5 Years 8.83 8.23 7.32 15,272 14,855 14,240
Returns greater than 1 year period are compounded annualized (CAGR). Since Inception returns are calculated on ` 10.0104 (allotment
price). Performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. For performance
Investors understand that their principal will be of other schemes managed by Shobhit Mehrotra, please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different
at moderate risk expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission
HDFC Liquid Fund (An open-ended liquid income scheme)
To enhance income consistent with a high level of liquidity, Issuer Rating % to NAV Issuer Rating % to NAV
through a judicious portfolio mix comprising of money market Debt & Debt Related Shriram City Union Finance Ltd. CARE - A1+ 0.69
and debt instruments. Indostar Capital Finance Ltd. CRISIL - A1+ 0.64
Government Securities
8.75 SDL 2017 Sovereign 0.09 Indiabulls Housing Finance Ltd. CRISIL - A1+ 0.62
l Fund Manager ¥ CanFin Homes Ltd ICRA - A1+ 0.53
Anupam Joshi (since October 27, 15) Sub Total 0.09 Hero Fincorp Ltd. CRISIL - A1+ 0.53
Total Experience: Over 11 years T-bills GIC Housing Finance Ltd. CRISIL-A1+ / ICRA-A1+ 0.54
• 91 Days TBill - Mat 051017 Sovereign 8.09 TMF Holdings Ltd. CARE-A1+ / ICRA-A1+ 0.52
l Inception Date (Date of Allotment) • 91 Days TBill - Mat 170817 Sovereign 7.45 India Infoline Housing Finance Ltd. ICRA - A1+ 0.42
October 17, 2000 • 91 Days Tbill - Mat 121017 Sovereign 6.52 Sundaram Finance Ltd. CRISIL - A1+ 0.37
• 91 Days TBill - Mat 210917 Sovereign 6.43 Aditya Birla Fashion and
l NAV (as on July 31, 2017)^^ NAV per Unit (`) 91 Days TBill - Mat 140917 Sovereign 1.24 Retail Ltd. ICRA - A1+ 0.36
DCMB (Discounted Cash Power Finance Corporation Ltd. CARE - A1+ 0.35
HDFC Liquid Fund Management Bills) 80 days - Piramal Enterprises Ltd. ICRA - A1+ 0.35
Regular Plan - Growth Option 3,268.3309 Mat 180917 Sovereign 0.88
Regular Plan - Coromandel International Ltd. CRISIL - A1+ 0.35
182 Days TBill - Mat 240817 Sovereign 0.18 Fullerton India Credit
Daily Dividend Reinvestment Option 1,019.8200 91 Days TBill - Mat 280917 Sovereign 0.11 Company Ltd. ICRA - A1+ 0.35
Regular Plan - Weekly Dividend Option 1,032.2392 91 Days TBill - Mat 310817 Sovereign 0.09 Tata Motors Finance Ltd. ICRA - A1+ 0.35
Regular Plan - Monthly Dividend Option 1,032.4175 DCMB (Discounted Cash
Direct Plan - Growth Option 3,278.9055 Hinduja Leyland Finance Ltd FITCH - A1+ 0.35
Management Bills) 77 days- Julius Baer Capital (India) Private FITCH - A1+ 0.32
Direct Plan - Daily Dividend Reinvestment Option 1,019.8200 Mat 160817 Sovereign 0.01
Direct Plan - Weekly Dividend Option 1,032.2586 Motilal Oswal Financial
364 Days T-Bill - Mat 300317 Sovereign 0.00 Services Ltd. CRISIL - A1+ 0.28
Direct Plan - Monthly Dividend Option 1,032.5090 Sub Total 31.00 Kotak Mahindra Investments Ltd. CRISIL - A1+ 0.28
HDFC Liquid Fund - Premium Plan Money Market Instruments Kotak Securities Ltd. CRISIL - A1+ 0.27
Regular Plan - Growth Option 3,330.0913 Turquoise Investments &
Regular Plan - CD/CP
• Hindustan Zinc Ltd. CRISIL - A1+ 6.72 Finance Pvt Ltd. CRISIL - A1+ 0.18
Daily Dividend Reinvestment Option 1,225.9800 JM Financial Products Ltd. ICRA - A1+ 0.18
• Vedanta Ltd. CRISIL - A1+ 5.47
aSSETS UNDER MANAGEMENT (`) IN CRORE • Bajaj Finance Ltd. CRISIL - A1+ 4.95 ICICI Bank Ltd. CARE - A1+ 0.18
• Aditya Birla Finance Ltd. ICRA - A1+ 4.64 Indian Railway Finance
As on July 31, 2017 28,084.89 Corporation Ltd. CRISIL - A1+ 0.18
Average for Month of July, 2017 31,131.04 • National Bank for Agriculture Kotak Mahindra Prime Ltd. CRISIL - A1+ 0.18
& Rural Development CRISIL - A1+ 3.98
• Shriram Transport Finance Credit Suisse AG CRISIL - A1+ 0.17
l quantitative data Godrej Consumer Products Ltd. ICRA - A1+ 0.16
Co. Ltd. CRISIL - A1+ 3.52
Average Maturity * 42 days PNB Housing Finance Ltd. CARE-A1+ / CRISIL-A1+ 2.88 Reliance Industries Ltd. ICRA - A1+ 0.09
Modified Duration * 39 days IDFC Bank Ltd. CRISIL - A1+ 2.49 Sub Total 67.52
Yield to Maturity * 6.32% Tata Power Co. Ltd. ICRA - A1+ 2.48 Credit Exposure
* Computed on the invested amount. Export - Import Bank of India CRISIL - A1+ 2.12 Power Finance Corporation Ltd. CRISIL - AAA 2.22
Total Expense Ratio (Weighted Average for the month) Axis Finance Limited FITCH - A1+ 1.78 National Bank for Agriculture &
Excluding Goods and Service Tax on Management Fees Tata Steel Ltd. FITCH - A1+ 1.71 Rural Development CRISIL - AAA 1.02
ONGC Mangalore Rural Electrification
Regular: 0.21% Direct: 0.11% Petrochemicals Ltd ICRA - A1+ 1.51 Corporation Ltd. CRISIL - AAA 0.80
Kotak Mahindra Bank Ltd. CRISIL - A1+ 1.51 Tata Capital Financial Services Ltd. ICRA - AA+ 0.54
l #BENCHMARK INDEX: Crisil Liquid Fund Index TATA Capital Housing Finance Ltd. CRISIL - A1+ 1.46 Mahindra & Mahindra Financial
l ##addl. BENCHMARK INDEX: CRISIL 1 year T-Bill Index Small Industries Development Services Ltd. FITCH - AAA 0.45
Bank of India CARE - A1+ 1.42 L&T Finance Limited CARE - AA+ 0.43
l Exit Load India infoline Finance Ltd. ICRA - A1+ 1.30 Housing Development Finance
Indusind Bank Ltd. CRISIL - A1+ 1.24 Corporation Ltd.£ CRISIL - AAA 0.42
Nil Tata Sons Ltd. CRISIL - AAA 0.18
Adani Ports and Special
l PlanS & Options Economic Zone Ltd. ICRA - A1+ 1.06 BMW India Financial Services
The South Indian Bank Ltd. ICRA - A1+ 0.89 Pvt. Ltd. CRISIL - AAA 0.14
Regular Plan, Direct Plan. Under both the Plans: Growth & Aditya Birla Housing Finance Ltd ICRA - A1+ 0.89 HDB Financial Services Ltd. CARE - AAA 0.11
Dividend Option. The Dividend Option offers Daily Dividend Sundaram BNP Paribas Home Tube Investments of India Ltd. CRISIL - AA 0.04
Option (Reinvestment facility only) and Weekly and Monthly Finance Ltd. ICRA - A1+ 0.88 Sub Total 6.35
Dividend Option (with Payout and Reinvestment facility). LIC Housing Finance Ltd. CRISIL - A1+ 0.71 Cash, Cash Equivalents and Net Current Assets -4.96
Tata Housing Development
l Minimum Application Amount Company Ltd CARE - A1+ 0.70 Grand Total 100.00
Purchase : Under Growth Option, Weekly Dividend Option and Mahindra & Mahindra
Monthly Dividend Option: ` 5,000 and any amount thereafter. Financial Services Ltd. CRISIL - A1+ 0.71 • Top Ten Holdings, £ Co-sponsor
Under Daily Dividend Option: ` 10,000 and any amount CESC Ltd. CARE - A1+ 0.71
thereafter.
Additional Purchase : Under Growth Option, Weekly Dividend
Option and Monthly Dividend Option: ` 1,000 and any Portfolio Classification by Asset Class (%) Portfolio Classification by Rating Class (%)
amount thereafter. Under Daily Dividend Option: ` 5,000
and any amount thereafter.
Sovereign 31.09
l Redemption Proceeds SDL, T-bills 31.09 AAA/AAA(SO)/A1+/A1+(SO)
Normally despatched within 1 Business Day. CD/CP 67.52 & Equivalent 72.86
¥ Dedicated Fund Manager for Overseas Investments: Credit Exposure 6.35 AA+ & Below 1.01
Mr Rakesh Vyas (Total Experience - Over 10 years). Cash, Cash Equivalents and
^^Calculated on all calendar days. Cash, Cash Equivalents and
Net Current Assets -4.96

l Income over short term. Returns Returns Benchmark
l Investment in debt and money market instruments. (%) ## (`)# Benchmark
(`)##
Riskometer
Jul 24, 17 Last 7 days 0.12 0.12 0.11 10,012 10,012 10,011
Jul 16, 17 Last 15 days 0.26 0.28 0.27 10,026 10,028 10,027
Jun 30, 17 Last 1 Month 0.54 0.57 0.56 10,054 10,057 10,056
Jul 31, 16 Last 1 Year 6.74 6.79 6.42 10,674 10,679 10,642
Jul 31, 14 Last 3 Years 7.83 7.78 7.54 12,542 12,522 12,441
Jul 31, 12 Last 5 Years 8.37 8.23 7.32 14,952 14,855 14,240
Oct 17, 00 Since Inception 7.30 N.A. 6.37 32,683 N.A. 28,202
Investors understand that their principal will be at low risk would be net of distribution tax as applicable. N.A.: Not Available. For performance of other schemes managed by Anupam Joshi, please refer
page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will
HDFC Cash Management Fund Savings Plan (An open-ended high liquidity income scheme)
To generate optimal returns while maintaining safety and Issuer Rating % to NAV Issuer Rating % to NAV
high liquidity. Debt & Debt Related TATA Capital Housing Finance Ltd. CRISIL - A1+ 1.24
Government Securities Ford Credit India Pvt Ltd FITCH - A1+ 1.11
l Fund Manager ¥
T-bills Godrej Consumer Products Ltd. ICRA - A1+ 1.11
Anil Bamboli (since July 25, 12)
Total Experience: Over 23 years • 91 Days TBill - Mat 210917 Sovereign 13.18 TGS Investment And Trade Pvt Ltd. ICRA - A1+ 1.10
• 91 Days TBill - Mat 310817 Sovereign 5.58 JM Financial Products Ltd. ICRA - A1+ 1.02
l Inception Date (Date of Allotment) • DCMB (Discounted Cash Tata Housing Development
November 18, 1999 Management Bills) 80 days- Company Ltd CARE - A1+ 0.89
Mat 180917 Sovereign 3.66 Repco Home Finance Ltd ICRA - A1+ 0.74
l NAV (as on July 31, 2017)^^ NAV per Unit (`) 91 Days TBill - Mat 051017 Sovereign 2.56 JM Financial Asset
Regular Plan - Growth Option 3,451.2167 91 Days TBill - Mat 140917 Sovereign 0.15 Reconstruction Company Ltd. ICRA - A1+ 0.74
Regular Plan - 182 Days T-Bill - Mat 130314 Sovereign 0.00 ICICI Bank Ltd. CARE - A1+ 0.74
Daily Dividend Reinvestment Option 1,063.6400 Sub Total 25.13 ICICI Home Finance Ltd. ICRA - A1+ 0.73
Regular Plan - Weekly Dividend Option 1,063.0055 Money Market Instruments Power Finance Corporation Ltd. CARE - A1+ 0.73
Direct Plan - Growth Option 3,470.5092
Direct Plan - Daily Dividend Reinvestment Option 1,063.6400 CD/CP APL Apollo Tubes Ltd. CARE - A1+ 0.73
Direct Plan - Weekly Dividend Option 1,063.0229 • National Bank for Agriculture Fedbank Financial Services Ltd. CRISIL - A1+ 0.37
& Rural Development CRISIL - A1+ 10.25 Turquoise Investments &
aSSETS UNDER MANAGEMENT (`) IN CRORE • Kotak Mahindra Bank Ltd. CRISIL - A1+ 4.64 Finance Pvt Ltd. CRISIL - A1+ 0.37
As on July 31, 2017 6,770.51 • Kotak Mahindra Prime Ltd. CRISIL - A1+ 4.30 Birla TMT Holdings Private Ltd. CRISIL - A1+ 0.37
Average for Month of July, 2017 8,229.12 • Vedanta Ltd. CRISIL - A1+ 3.68 CanFin Homes Ltd ICRA - A1+ 0.07
l quantitative data • Reliance Industries Ltd. ICRA - A1+ 3.66 Sub Total 80.22
• Steel Authority of India Ltd. CARE - A1+ 3.64 Credit Exposure
Average Maturity * 42 days
Modified Duration * 39 days TMF Holdings Ltd. ICRA - A1+ 3.39 • Tata Capital Financial CRISIL - AA+ / ICRA
GIC Housing Finance Ltd. ICRA - A1+ 3.30 Services Ltd. - AA+ 3.77
L&T Finance Limited CARE - A1+ 3.29 Power Finance Corporation Ltd. CRISIL - AAA 1.87
Tata Steel Ltd. FITCH - A1+ 3.01 L&T Finance Limited CARE - AA+ 1.85
Total Expense Ratio (Weighted Average for the month) Credila Financial Services
Excluding Goods and Service Tax on Management Fees Yes Bank Ltd. ICRA - A1+ 2.95 Pvt. Ltd. CARE - AAA 1.11
Shriram City Union Finance Ltd. CARE - A1+ 2.92 LIC Housing Finance Ltd. CRISIL - AAA 1.04
Haldia Energy Ltd. CARE - A1+ 2.92 Rural Electrification
l #BENCHMARK INDEX: CRISIL Liquid Fund Index RBL Bank Ltd. CRISIL - A1+ 2.20 Corporation Ltd. CRISIL - AAA 0.89
l ##addl. BENCHMARK INDEX: CRISIL 1 year T-Bill Index Indiabulls Housing Finance Ltd. CRISIL - A1+ 2.20 Talwandi Sabo Power Ltd.
Aditya Birla Housing Finance Ltd ICRA - A1+ 1.82 (Corporate Guarantee of
Vedanta Ltd.) CRISIL - AA(SO) 0.81
l Exit Load Sundaram BNP Paribas Home
Finance Ltd. ICRA - A1+ 1.47 Housing Development Finance
Nil Corporation Ltd.£ CRISIL - AAA 0.37
Reliance Jio Infocomm Limited CARE - A1+ 1.47
l PlanS & Options Adani Ports and Special
Trapti Trading & Investments CRISIL - A1+ / ICRA Economic Zone Ltd. ICRA - AA+ 0.30
Regular Plan, Direct Plan. Each Plan offers Growth and Daily Pvt Ltd. - A1+ 1.47
Shriram Transport Finance
Dividend Option (with Reinvestment facility only). Weekly PNB Housing Finance Ltd. CARE - A1+ 1.46 Co. Ltd. CRISIL - AA+ 0.13
Dividend Option (with Payout and Reinvestment facility). ICICI Securities Primary Sub Total 12.14
Dealership Ltd. CRISIL - A1+ 1.46
l Minimum Application Amount Cash, Cash Equivalents and Net Current Assets -17.49
Bharat Aluminium Co. Ltd. CRISIL - A1+(SO) 1.33
Purchase : Under Growth Option and Weekly Dividend Option : Motilal Oswal Financial Grand Total 100.00
` 5,000 and any amount thereafter. Under Daily Dividend Services Ltd. CRISIL - A1+ 1.33
Option : ` 10,000 and any amount thereafter • Top Ten Holdings, £ Co-sponsor
Additional Purchase : Under Growth Option and Weekly
Dividend Option : ` 1,000 and any amount thereafter. Under Portfolio Classification by Asset Class (%) Portfolio Classification by Rating Class (%)
Daily Dividend Option : ` 5,000 and any amount thereafter
Sovereign 25.13
Normally despatched within 1 Business Day. T-bills 25.13
¥ Dedicated Fund Manager for Overseas Investments: & Equivalent 85.50
Mr Rakesh Vyas (Total Experience - Over 10 years). Credit Exposure 12.14
^^ Calculated on all calendar days.
Net Current Assets -17.49 Cash, Cash Equivalents and

This product is suitable for investors who are seeking ~ Date Period Scheme Benchmark Additional Value of ` 10,000 invested
l Optimal returns over short term. (%) $$ (%)# Returns Scheme (`) Benchmark Additional
l Investment in debt and money market instruments with (`)##
maturity of upto 91 days only. Jul 24, 17 Last 7 days 0.12 0.12 0.11 10,012 10,012 10,011
Riskometer Jul 16, 17 Last 15 days 0.26 0.28 0.27 10,026 10,028 10,027
Jun 30, 17 Last 1 Month 0.54 0.57 0.56 10,054 10,057 10,056
Jul 31, 16 Last 1 Year 6.65 6.79 6.42 10,665 10,679 10,642
Jul 31, 14 Last 3 Years 7.76 7.78 7.54 12,514 12,522 12,441
Jul 31, 12 Last 5 Years 8.31 8.23 7.32 14,909 14,855 14,240
Nov 18, 99 Since Inception 7.26 N.A. 6.47 34,631 N.A. 30,351
into Dividend & Growth Options are assumed to be reinvested in the units of the Scheme at the then prevailing NAV (ex-dividend NAV).
Performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. N.A.: Not Available.
Investors understand that their principal will be at low risk For performance of other schemes managed by Anil Bamboli, please refer page 51. Different plans viz. Regular Plan and Direct Plan have
a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses /
HDFC Cash Management Fund Treasury Advantage Plan (An open-ended income scheme)
To generate regular income through investment in debt Issuer Rating % to NAV Issuer Rating % to NAV
securities and money market instruments. Debt & Debt Related Repco Home Finance Ltd CARE-AA / ICRA-AA- 1.68
Government Securities Adani Ports and Special
l Fund Manager ¥ Economic Zone Ltd. FITCH - AA+ 1.67
Anupam Joshi (since October 27, 15) 7.86 SDL 2019 Sovereign 0.33 Steel Authority of India Ltd. FITCH - AA 1.50
Total Experience: Over 11 years 7.75 SDL 2018 Sovereign 0.17 L&T Finance Limited CARE-AA+ / ICRA-AA+ 1.47
8.47 SDL 2017 Sovereign 0.13 Piramal Enterprises Ltd. ICRA - AA 1.44
l Inception Date (Date of Allotment) Union Bank of India FITCH - AA 1.40
November 18, 1999 Sub Total 2.49 ONGC Mangalore
Petrochemicals Ltd FITCH - AAA 1.32
l NAV (as on July 31, 2017)^^ NAV per Unit (`) Money Market Instruments India Infoline Housing Finance Ltd. ICRA - AA 1.24
Retail Option CD/CP Syndicate Bank CARE - AA- 1.15
Regular Plan - Growth Option 35.2380 • Power Finance Corporation Ltd. CARE - A1+ 6.01 Volkswagen Finance Private Ltd. FITCH - AAA 1.12
Regular Plan - Daily Dividend Reinvestment Option 10.1428 • Export - Import Bank of India CRISIL - A1+ 3.19 HPCL-Mittal Energy Limited FITCH - AA 1.01
Regular Plan - Weekly Dividend Option 10.1695 • PNB Housing Finance Ltd. CARE-A1+ / CRISIL-A1+ 2.69 Export - Import Bank of India CRISIL - AAA 1.01
Regular Plan - Monthly Dividend Option 10.2167 • Credit Suisse AG CRISIL - A1+ 1.92 Sundaram Finance Ltd. ICRA - AA+ 0.99
Direct Plan - Growth Option 36.4143 CanFin Homes Ltd ICRA - A1+ 1.26 Punjab National Bank CRISIL - AA 0.98
Direct Plan - Daily Dividend Reinvestment Option 10.0655 Adani Ports and Special Adani Transmission Limited FITCH - AA+ 0.86
Direct Plan - Weekly Dividend Option 10.2003 Economic Zone Ltd. ICRA - A1+ 1.26
Direct Plan - Monthly Dividend Option 10.2253 Shriram Transport Finance Co. Ltd. FITCH - AA+ 0.68
Indusind Bank Ltd. CRISIL - A1+ 1.25 Axis Bank Ltd. CRISIL - AA+ 0.66
Wholesale Option Kotak Mahindra Prime Ltd. CRISIL - A1+ 1.11 Shriram Housing Finance Ltd. CARE - AA+ 0.66
Regular Plan - Growth Option 37.0598 Vedanta Ltd. CRISIL - A1+ 1.00 Raymond Ltd. CRISIL - AA- 0.63
Regular Plan - Daily Dividend Reinvestment Option 10.1574 National Bank for Agriculture & Raviraj Viniyog Private Ltd BRICKWORKS - AA-(SO) 0.51
Regular Plan - Weekly Dividend Option 10.1721 Rural Development CRISIL - A1+ 0.98
Regular Plan - Monthly Dividend Option 10.2425 Cholamandalam Investment
Kotak Mahindra Investments Ltd. CRISIL - A1+ 0.77 and Finance Company Ltd. ICRA - AA 0.50
aSSETS UNDER MANAGEMENT (`) IN CRORE Steel Authority of India Ltd. CARE - A1+ 0.74 KKR India Financial Services Pvt Lt CRISIL - AA 0.48
SCB Inv & Loan (I) Ltd CRISIL - A1+ 0.45 National Housing Bank CRISIL - AAA 0.47
As on July 31, 2017 15,279.15 Axis Bank Ltd. CRISIL - A1+ 0.35
Average for Month of July, 2017 14,535.81 Tube Investments of India Ltd. CRISIL - AA 0.47
ICICI Home Finance Ltd. ICRA - A1+ 0.32 Power Grid Corporation of
l quantitative data Fedbank Financial Services Ltd. CRISIL - A1+ 0.26 India Ltd. CRISIL - AAA 0.47
JM Financial Products Ltd. ICRA - A1+ 0.16 Tata Motors Finance Ltd. CRISIL - AA 0.39
Average Maturity * 1.30 years Bharat Aluminium Co. Ltd. CRISIL - A1+(SO) 0.07 Bajaj Finance Ltd. FITCH - AAA 0.33
Yield to Maturity * 7.10% Tata Steel Ltd. FITCH - A1+ 0.03 Talwandi Sabo Power Ltd.
Yes Bank Ltd. ICRA - A1+ 0.02 (Corporate Guarantee of
* Computed on the invested amount. Corporation Bank CRISIL - A1+ 0.01 Vedanta Ltd.) CRISIL - AA(SO) 0.33
Andhra Bank FITCH - A1+ 0.01 Tata Capital Financial Services Ltd. CRISIL - AA+ 0.33
Total Expense Ratio (Weighted Average for the month) The Ramco Cements Ltd. ICRA - AA+ 0.33
Excluding Goods and Service Tax on Management Fees Kotak Mahindra Bank Ltd. CRISIL - A1+ 0.01
Adani Power Ltd. (Secured by
Regular: 0.97% Direct: 0.32% Sub Total 23.87 Shares of Adani Port & SEZ Ltd.) CARE - AA-(SO) 0.28
Credit Exposure Larsen & Toubro Ltd. CRISIL - AAA 0.23
l #BENCHMARK INDEX: CRISIL Liquid Fund Index • Housing Development Aditya Birla Nuvo Ltd. ICRA - AA+ 0.17
l ##addl. BENCHMARK INDEX: CRISIL 1 year T-Bill Index Finance Corporation Ltd.£ CRISIL - AAA 8.31 Kotak Mahindra Prime Ltd. CRISIL - AAA 0.16
• National Bank for Agriculture HDB Financial Services Ltd. CARE - AAA 0.09
l Exit Load & Rural Development CRISIL - AAA 5.23 Small Industries Development
Nil • ONGC Petro additions Ltd. (OPAL) CRISIL - AAA(SO) 4.72 Bank of India CARE - AAA 0.07
• Power Finance Corporation Ltd. CRISIL - AAA 4.42 Indian Railway Finance
l PlanS & Options • Indiabulls Housing Finance Ltd. CARE - AAA 3.96 Corporation Ltd. CRISIL - AAA 0.04
Regular Plan, Direct Plan. Retail Option: Each Plan offers • Nuvoco Vistas Corporation Ltd. CRISIL - AA 2.25 Nabha Power Ltd. (Corporate
Growth and Dividend Option. Dividend Option offers Daily Petronet LNG Ltd. CRISIL - AA+ 2.17 Guarantee of L&T Ltd.) ICRA - AAA(SO) 0.01
Dividend Option with Reinvestment facility only and Weekly and Tata Power Co. Ltd. ICRA - AA- 2.02 Sub Total 71.13
Monthly Dividend Option with Payout and Reinvestment facility. Vedanta Ltd. CRISIL - AA 2.02 Cash, Cash Equivalents and Net Current Assets 2.51
State Bank of India CRISIL - AA+, AAA 1.92 Grand Total 100.00
l Minimum Application Amount Rural Electrification
Retail Option : Growth, Weekly and Monthly Dividend Option: Corporation Ltd. CRISIL - AAA 1.81 • Top Ten Holdings, £ Co-sponsor
Purchase : ` 5,000 and any amount thereafter. Additional Canara Bank CRISIL - AA 1.78
Purchase : ` 1,000 and any amount thereafter. Daily Dividend LIC Housing Finance Ltd. CARE-AAA / CRISIL-AAA 1.70 Outstanding exposure in derivative
Option : Purchase : ` 10,000 and any amount thereafter. Reliance Jio Infocomm Ltd. CRISIL - AAA 1.69 instruments interest Rate Swap (` in Crore) 100.00
l Redemption Proceeds Portfolio Classification by Asset Class (%) Portfolio Classification by Rating Class (%)
¥ Dedicated Fund Manager for Overseas Investments: Sovereign 2.49
Mr Rakesh Vyas (Total Experience - Over 10 years). G-Sec, SDL 2.49 AAA/AAA(SO)/A1+/A1+(SO)
^^ Calculated on all calendar days. CD/CP 23.87 & Equivalent 61.34
Credit Exposure 71.13 AA+ & Below 33.66
l Regular income over short term.
l Investment in debt and money market instruments. Performance^ - Regular Plan - Growth Option
(`)##
Jul 29, 16 Last 1 Year 7.78 6.79 6.42 10,782 10,683 10,646
Jul 31, 14 Last 3 Years 7.99 7.78 7.54 12,597 12,522 12,441
Jul 31, 12 Last 5 Years 8.10 8.23 7.32 14,766 14,855 14,240
Nov 18, 99 Since Inception 7.37 N.A. 6.47 35,238 N.A. 30,351
Investors understand that their principal will be Returns greater than 1 year period are compounded annualized (CAGR). Performance of dividend option under the schemes for the investors
at moderately low risk would be net of distribution tax as applicable. N.A.: Not Available. For performance of other schemes managed by Anupam Joshi, please refer
page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will
HDFC Corporate Debt Opportunities Fund (An open-ended income scheme)
To generate regular income and capital appreciation by Issuer Rating % to NAV Issuer Rating % to NAV
investing predominantly in corporate debt. Debt & Debt Related AASAN Corporate Solutions
Money Market Instruments Private Limited ICRA - A+(SO) 0.74
l Fund Manager ¥ CD/CP Reliance Utilities & Power
Shobhit Mehrotra (since March 25, 14) CanFin Homes Ltd ICRA - A1+ 1.15 Pvt. Ltd. CRISIL - AAA 0.69
Total Experience: Over 25 years National Bank for Agriculture & JM Financial Asset
Rural Development CRISIL - A1+ 0.78 Reconstruction Company Ltd. ICRA - AA- 0.66
l Inception Date (Date of Allotment) ITD Cementation India Ltd. CARE - A1 0.76 Tata Realty and Infrastructure Ltd. CRISIL - AA 0.65
Simplex Infrastructures Ltd. CARE - A1 0.64 Nuclear Power Corporation Of
March 25, 2014 Sub Total 3.33 India Ltd. CRISIL - AAA 0.65
Credit Exposure Sadbhav Engineering Ltd. CARE - A+ 0.65
NAV (as on July 31, 2017) NAV per Unit (`) • TATA International Ltd. CARE - A+ 5.17 Aarti Industries Ltd. CRISIL - AA- 0.63
• Bank of India CRISIL - A+ 4.57 Andhra Pradesh Expressway Ltd. ICRA - AAA(SO) 0.62
Regular Plan - Growth Option 13.9638 • HPCL-Mittal Energy Limited FITCH - AA 4.28 Infiniti Retail Ltd. (Subsidiary
Regular Plan - Dividend Option 12.8575 • Rural Electrification CARE - AAA / CRISIL of Tata Sons) CARE - A+ 0.61
Regular Plan - Half-yearly Dividend Option 10.8145 Corporation Ltd. - AAA 4.25 Inox Air Products Ltd. CRISIL - AA 0.57
Direct Plan - Growth Option 14.3866 • Tata Power Co. Ltd. CRISIL - AA- 3.91 KKR India Financial Services
Direct Plan - Dividend Option 12.6111 • Vedanta Ltd. CRISIL - AA 2.92 Pvt Ltd. CRISIL - AA 0.54
Direct Plan - Half-yearly Dividend Option 10.8505 • Tata Steel Ltd. CARE - AA, AA- 2.86 Piramal Enterprises Ltd. ICRA - AA 0.53
• Housing Development Mandava Holdings Pvt Ltd
aSSETS UNDER MANAGEMENT (`) IN CRORE Finance Corporation Ltd.£ CRISIL - AAA 2.85 (Axis Capital Underwriting) ICRA - AAA 0.48
• Punjab National Bank CRISIL - AA / FITCH - AA+ 2.82 APL Apollo Tubes Ltd. CARE - A+ 0.45
As on July 31, 2017 12,454.30 • Reliance Port and Terminal Ltd. CRISIL - AAA 2.66 JM Financial Credit Solutions Ltd FITCH - AA 0.41
Average for Month of July, 2017 12,302.89 Adani Transmission Limited FITCH - AA+ 2.52 Indostar Capital Finance Ltd. CARE - AA- 0.41
Reliance Jio Infocomm Limited CRISIL - AAA 2.37 Starlite Lighting Ltd (Corporate
l quantitative data HDFC Bank Ltd. CRISIL - AA+ 2.34 Guarnatee of Bajaj Electrical Ltd) ICRA - A+(SO) 0.41
Average Maturity * 3.92 years National Highways Authority Raviraj Viniyog Private Ltd BRICKWORKS - AA-(SO) 0.41
Modified Duration * 2.96 years of India CRISIL - AAA 2.02 Bharat Financial Inclusion Ltd. CARE - A+ 0.40
Yield to Maturity * 8.53% Nuvoco Vistas Corporation Ltd. CRISIL - AA 2.01 Hypercity Retail (India) Limited
Indian Railway Finance (Corporate Guarnatee Of
* Computed on the invested amount. Corporation Ltd. CRISIL - AAA 1.85 Shopper Stop Ltd) CARE - A(SO) 0.40
IDBI Bank Ltd. ICRA - BBB- 1.69 Janalakshmi Financial Ser
Total Expense Ratio (Weighted Average for the month) Power Grid Corporation of Pvt. Ltd. ICRA - A 0.40
Excluding Goods and Service Tax on Management Fees India Ltd. CRISIL - AAA 1.54 ECL Finance Ltd. CARE - AA 0.39
Regular: 1.80% Direct: 0.85% Tata Sky Limited (Subsidiary of India infoline Finance Ltd. ICRA - AA 0.36
Tata Sons) CRISIL - A+ 1.53 Food Corporation of India CRISIL - AAA(SO) 0.36
l #BENCHMARK INDEX: Crisil Short Term Bond Fund Index HPCL-Mittal Pipelines Limited FITCH - AA 1.44 G R Infraprojects Limited CARE - AA- 0.35
Hinduja Leyland Finance Ltd CARE - AA- 1.42 Astra Microwave Products Ltd. CRISIL - A+ 0.33
l ##addl. BENCHMARK INDEX: CRISIL 10 year Gilt Index Aspire Home Finance Corporation CRISIL - A+ / ICRA Magma Housing Finance CARE - AA- 0.33
Ltd. (Subsidiary of Motilal Oswal) - AA- 1.34 Cholamandalam Investment
l Exit Load Adani Power Ltd. (Secured by and Finance Company Ltd. CRISIL - AA 0.31
l In respect of each purchase / switch-in of Units, 15% of
Shares of Adani Port & SEZ Ltd.) CARE - AA-(SO) 1.23 Tata Housing Development
Export - Import Bank of India CRISIL - AAA 1.22 Company Ltd ICRA - AA 0.26
the units (“the limit”) may be redeemed without any exit Oriental Bank of Commerce ICRA - A 1.14
Load from the date of allotment IIFL Holdings Limited ICRA - AA 0.26
Hindalco Industries Ltd. CRISIL - AA 1.13 Syndicate Bank CARE - AA- 0.21
l Any redemption in excess of the above limit shall be subject Sprit Textiles Private Limited Diwakar Viniyog Private
to the following exit load: (Secured with shares of ZEE Limited(Secured with shares of
n In respect of each purchase / switch-in of Units, an Entertainment Enterprise Ltd & Emami Ltd.) BRICKWORKS - AA-(SO) 0.21
Exit Load of 2.00% is payable if Units are redeemed / Dish TV Ltd) Unrated 1.08 Repco Home Finance Ltd CARE - AA 0.20
switched-out within 12 months from the date of allotment Bharat Petroleum Corporation Ltd. CRISIL - AAA 1.06 Aditya Birla Fashion and
n In respect of each purchase / switch-in of Units, an Raj Infra Properties Pvt. Ltd. Retail Ltd. CRISIL - AA 0.17
Exit Load of 1.00% is payable if Units are redeemed / (Secured with shares of Emami Ltd.) BRICKWORKS - AA-(SO) 1.06 TMF Holdings Ltd. CRISIL - AA 0.16
switched-out after 12 months but within 24 months Peninsula Land Limited ICRA - A 0.99 Volkswagen Finance Private
from the date of allotment Power Finance Corporation Ltd. CRISIL - AAA 0.94 Limited FITCH - AAA 0.15
n In respect of each purchase / switch-in of Units, an GERA Development Private Ltd. CARE - A+ 0.92 Century Textiles & Industries
Exit Load of 0.50% is payable if Units are redeemed / Au Small Finance Bank Ltd. FITCH - A+ 0.91 Ltd. CRISIL - AA- 0.10
NTPC Ltd. CRISIL-AAA / ICRA-AAA 0.90 India Infoline Housing Finance
switched-out after 24 months but within 36 months Mahanagar Telephone Nigam CARE - AAA(SO) /
from the date of allotment. Ltd. CRISIL - AA 0.08
Ltd. CRISIL - AAA(SO) 0.87 Petronet LNG Ltd. CRISIL - AA+ 0.08
l No Exit Load is payable if Units are redeemed / switchedout KEC International Ltd. ICRA - A+ 0.87
after 36 months from the date of allotment. Sundaram BNP Paribas Home
Simplex Infrastructures Ltd. CARE - A 0.86 Finance Ltd. ICRA - AA+ 0.01
For further details, please refer to para ‘Exit Load’ on Pg 51. Axis Bank Ltd. CRISIL - AA+ 0.81 National Bank for Agriculture &
Union Bank of India FITCH - AA 0.80 Rural Development CRISIL - AAA 0.00
l PlanS & Options Sadbhav Infrastructure Project Ltd CARE - A+(SO) 0.80 Toyota Financial Services
Prime Publishing Private Ltd. India Ltd CRISIL - AAA 0.00
Regular Plan, Direct Plan. Under Each Plan: Growth, Half Yearly (Secured with shares of ZEE BRICKWORKS - A+(SO),
Dividend and Normal Dividend. Both Dividend options offers Entertainment Enterprise Ltd) AA-(SO) 0.75 Sub Total 93.08
Payout and Reinvestment facilities. Prabhakar Viniyog Private Ltd. BRICKWORKS - AA-(SO) Cash, Cash Equivalents and Net Current Assets 3.59
/ FITCH - AA-(SO) 0.75 Grand Total 100.00
Portfolio Classification by Asset Class (%)
HDFC Corporate Debt Opportunities Fund
Portfolio Classification by Rating Class (%)
¥ Dedicated Fund Manager for Overseas Investments: AAA/AAA(SO)/A1+/A1+
Mr Rakesh Vyas (Total Experience - Over 10 years). CD/CP 3.33 (SO) & Equivalent 27.41
Credit Exposure 93.08 AA+ & Below 67.92
Cash, Cash Equivalents and Unrated 1.08
This product is suitable for investors who are seeking ~ Net Current Assets 3.59 Cash, Cash Equivalents and
l Regular income over medium to long term. Net Current Assets 3.59
l To generate regular income and capital appreciation by
investing predominantly in corporate debt. Performance^ - Regular Plan - Growth Option
(`)##
Jul 29, 16 Last 1 Year 9.48 8.37 9.83 10,953 10,842 10,989
Jul 31, 14 Last 3 Years 10.31 9.14 11.15 13,428 13,004 13,734
The above returns are for Regular Plan - Growth Option. Returns greater than 1 year period are compounded annualized (CAGR). The Scheme
is in existence for more than 1 year but less than 3 years. Performance of dividend option under the schemes for the investors would be net
Investors understand that their principal will be of distribution tax as applicable. Load is not taken into consideration for computation of performance. For performance of other schemes
at moderate risk managed by Shobhit Mehrotra, please refer page 51. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The
expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular
~ Investors should consult their financial advisers if in doubt Plan. For Performance of Direct Plan, refer page no. 60.
HDFC Banking and PSU Debt Fund (An open-ended income scheme)
To generate regular income through investments in debt Issuer Rating % to Issuer Rating % to
and money market instruments consisting predominantly of NAV NAV
securities issued by entities such as Scheduled Commercial
Debt & Debt Related ONGC Petro additions Limited
Banks and Public Sector undertakings. There is no assurance (OPAL) CRISIL - AAA(SO) 1.34
that the investment objective of the Scheme will be realized. Credit Exposure
Adani Transmission Limited FITCH - AA+ 1.29
• Power Finance CARE - AAA /
l Fund Manager ¥ Corporation Ltd. CRISIL - AAA 10.26 Oriental Bank of Commerce ICRA - A 1.21
Anil Bamboli (since Mar 26, 14) • Housing Development L&T Housing Finance Ltd. CARE - AA+ 1.21
Total Experience: Over 23 years Finance Corporation Ltd.£ CRISIL - AAA 8.46
Andhra Bank CARE - AA- 1.12
• National Bank for Agriculture
& Rural Development CRISIL - AAA 8.25 Steel Authority of India Ltd. FITCH - AA 1.11
• Mahanagar Telephone CARE - AAA(SO) / Rural Electrification
March 26, 2014 Corporation Ltd. CRISIL - AAA 0.93
Nigam Ltd. CRISIL - AAA(SO) 6.29
NAV (as on July 31, 2017) NAV per Unit (`) • National Highways Tata Power Co. Ltd. CRISIL - AA- 0.65
Authority of India CRISIL - AAA 5.83 Nuvoco Vistas Corporation
• Food Corporation of India CRISIL - AAA(SO) 5.46 Limited CRISIL - AA 0.61
Direct Plan - Growth Option 13.6813 • Syndicate Bank CARE - AA- 5.46 Reliance Port and Terminal Ltd. CRISIL - AAA 0.61
Direct Plan - Dividend Option 10.3322 Tata Steel Ltd. CARE - AA 0.60
• Power Grid Corporation of
India Ltd. CRISIL - AAA 5.25 Indian Railway Finance
aSSETS UNDER MANAGEMENT (`) IN CRORE Corporation Ltd. CRISIL - AAA 0.59
• Export - Import Bank of India CRISIL - AAA 4.92
As on July 31, 2017 4,159.25 HPCL-Mittal Pipelines Limited FITCH - AA 0.45
• Punjab National Bank CRISIL - AA 4.81
TATA International Ltd. CARE - A+ 3.63 Reliance Jio Infocomm
Limited CRISIL - AAA 0.39
l quantitative data Bank of India BRICKWORKS - AA- /
CRISIL - A+ 3.39 Hindalco Industries Ltd. CRISIL - AA 0.26
Modified Duration * 3.12 years HDFC Bank Ltd. CRISIL - AA+ 3.20 Vedanta Ltd. CRISIL - AA 0.13
Yield to Maturity * 7.93% Union Bank of India FITCH - AA 3.01 State Bank of India CRISIL - AA+ 0.05
* Computed on the invested amount. IDBI Bank Ltd. CRISIL - BBB+ / ICRA Sub Total 96.08
- BBB- 2.87 Cash, Cash Equivalents and Net Current Assets 3.92
Excluding Goods and Service Tax on Management Fees NTPC Ltd. CRISIL - AAA / ICRA Grand Total 100.00
- AAA 2.44
Regular: 0.71% Direct: 0.26% • Top Ten Holdings, £ Co-sponsor
l #BENCHMARK INDEX: CRISIL Short Term Bond Fund Index
l Exit Load
Nil
l PlanS & Options

Regular Plan, Direct Plan. Under Each Plan: Growth &

l Redemption Proceeds Portfolio Classification by Asset Class (%) Portfolio Classification by Rating Class (%)
Mr Rakesh Vyas (Total Experience - Over 10 years). Credit Exposure 96.08 & Equivalent 61.02
l Investments in debt and money market instruments consisting
predominantly of securities issued by Scheduled Commercial Performance^ - Regular Plan - Growth Option
Banks and Public Sector undertakings. Date Period Scheme Benchmark Additional Value of ` 10,000 invested
(`)##
Jul 29, 16 Last 1 Year 8.90 8.37 6.42 10,896 10,842 10,646
Jul 31, 14 Last 3 Years 9.61 9.14 7.54 13,174 13,004 12,441
The above returns are for Regular Plan - Growth Option. Returns greater than 1 year period are compounded annualized (CAGR).
The Scheme is in existence for more than 1 year but less than 3 years. Performance of dividend option under the schemes for the
investors would be net of distribution tax as applicable. For performance of other schemes managed by Anil Bamboli, please refer
Investors understand that their principal will be page 46. Different plans viz. Regular Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the
at moderately low risk Scheme will be lower to the extent of the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan,
refer page no. 65.
Performance details of Schemes managed by respective Fund Managers
Sr. No. Name of the Fund Manager Funds Managed Page no.
1 Mr. Prashant Jain HDFC Equity Fund 06
HDFC Top 200 Fund 07
HDFC Prudence Fund 18-19
HDFC MF Monthly Income Plan - LTP 34
2 Mr. Vinay Kulkarni HDFC Core & Satellite Fund 09
HDFC Premier Multi-Cap Fund 10
HDFC Large Cap Fund 11
HDFC TaxSaver 27
HDFC MF Monthly Income Plan - STP 33
HDFC Equity Savings Fund (Co-managed scheme) 16-17
Close ended schemes (Co-managed schemes) 58
3 Mr. Srinivas Rao Ravuri HDFC Growth Fund 05
HDFC Infrastructure Fund 14
Close ended schemes 52
4 Mr. Chirag Setalvad HDFC Mid-Cap Opportunities Fund 12
HDFC Small Cap Fund 13
HDFC Long Term Advantage Fund 26
HDFC Balanced Fund 15-16
HDFC Children’s Gift Fund - Investment Plan 28
HDFC Children’s Gift Fund - Savings Plan 29
HDFC Multiple Yield Fund - Plan 2005 35
HDFC Retirement Savings Fund - Equity Plan (Co-managed scheme) 30
HDFC Retirement Savings Fund - Hybrid Equity Plan (Co-managed scheme) 31
HDFC Retirement Savings Fund - Hybrid Debt Plan (Co-managed scheme) 32
5 Mr. Miten Lathia HDFC Capital Builder Fund 08
HDFC Dynamic PE Ratio Fund of Funds (Co-managed scheme) 58
6 Mr. Krishan Kumar Daga HDFC Arbitrage Fund 19-20
HDFC Index Fund - Sensex Plan 21
HDFC Index Fund - NIFTY Plan 22
HDFC Index Fund - Sensex Plus Plan 23
HDFC Sensex ETF 24
HDFC NIFTY ETF 25
HDFC Gold Exchange Traded Fund 57
HDFC Gold Fund 57
HDFC Equity Savings Fund (Co-managed scheme) 16-17
7 Mr. Shobhit Mehrotra HDFC MF Monthly Income Plan - LTP 34
HDFC MF Monthly Income Plan - STP 33
HDFC Income Fund 36
HDFC High Interest Fund - STP 38
HDFC Floating Rate Income Fund - Long Term Plan 45
HDFC Floating Rate Income Fund - Short Term Plan - Wholesale Option 44
HDFC Corporate Debt Opportunities Fund 49
HDFC Retirement Savings Fund - Equity Plan (Co-managed scheme) 30
HDFC Retirement Savings Fund - Hybrid Equity Plan (Co-managed scheme) 31
HDFC Retirement Savings Fund - Hybrid Debt Plan (Co-managed scheme) 32
Close ended schemes 52-54
8 Mr. Anil Bamboli HDFC Equity Savings Fund (Co-managed scheme) 16-17
HDFC Multiple Yield Fund - Plan 2005 35
HDFC Dynamic PE Ratio Fund of Funds (Co-managed scheme) 58
HDFC High Interest Fund - Dynamic Plan 37
HDFC Regular Savings Fund 39
HDFC Short Term Opportunities Fund 40
HDFC Gilt Fund - Short Term Plan 42
HDFC Gilt Fund - Long Term Plan 43
HDFC Cash Management Fund - Savings Plan 47
HDFC Cash Management Fund - Call Plan 54
HDFC Banking and PSU Debt Fund 50
Close ended & Interval schemes 54-57
Co-managed schemes 58
9 Mr. Anupam Joshi HDFC Liquid Fund 46
HDFC Medium Term Opportunities Fund 41
HDFC Cash Management Fund - Treasury Advantage Plan 48
Close ended schemes 57-58
For performance details of Direct Plan, refer page 59-69
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, will be subject to applicable exit load. (v) No exit load will be levied on Bonus Units and Units allotted on Dividend Re-investment. (vi) In case of Systematic Transactions such as SIP,
GSIP, STP, Flex STP, Swing STP, Flexindex; Exit Load, if any, prevailing on the date of registration / enrolment shall be levied.
Tax Benefits / Consequences : The Dividend Distribution Tax on distribution of income by any other fund (not being an equity oriented fund) to an individual / HUF shall be payable at the rate
of 28.84%* and at the rate of 34.608%* on distribution of income to any other investor. Such income distributed by the Scheme(s) is free from Income–tax in the hands of Investors. Units of the
Scheme(s) are not subject to Wealth-tax and Gift-tax. Unit holders are required to pay Securities Transaction Tax (STT) at the rate of 0.001% at the time of redemption / switch-out of units of an
equity-oriented fund. * including applicable surcharge, education cess and secondary and higher education cess.
Investors should be aware that the fiscal rules / tax laws may change and there can be no guarantee that the current tax position may continue indefinitely. In view of individual
nature of tax consequences, each investor is advised to consult his / her own professional tax advisor.

SCHEME PERFORMANCE - REGULAR PLAN - GROWTH OPTION (FUND MANAGER-WISE)
SHOBHIT MEHROTRA....CONTINUED
SRINIVAS RAO RAVURI
HDFC FMP 370D JUNE 2014 (2) NAV as on July 31, 2017 ` 12.8180
HDFC FOCUSED NAV as on July 31, 2017 ` 12.364 Date Period Scheme Benchmark Additional Value of ` 10,000 invested
EQUITY FUND - PLAN A 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 Jul 29, 16 Last 1 Year 7.03 8.37 6.42 10,707 10,842 10,646
(%) ## (`)## Jul 31, 14 Last 3 Years 8.37 9.14 7.54 12,730 13,004 12,441
Jul 29, 16 Last 1 Year 19.03 17.70 15.82 11,915 11,780 11,591 Jun 25, 14 Since Inception 8.33 9.14 7.56 12,818 13,116 12,535
Feb 23, 15 Since Inception 9.10 6.99 4.85 12,364 11,790 11,222 # Crisil Short Term Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence
for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since
# S&P BSE 100 ## S&P BSE SENSEX. The Scheme is in existence for more than 1 year but less inception.
than 3 years. The scheme is managed by Mr. Srinivas Rao Ravuri since inception.

HDFC FOCUSED NAV as on July 31, 2017 ` 13.293
EQUITY FUND - PLAN B Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Date Period Scheme Benchmark Additional Value of ` 10,000 invested (%) (%)# Returns (`) (`)# Benchmark
Returns Returns Benchmark Scheme Benchmark Additional (%) ## (`)##
(%) (%)# Returns (`) (`)# Benchmark
(%) ## Jul 29, 16 Last 1 Year 7.05 8.37 6.42 10,709 10,842 10,646
(`)## Jul 31, 14 Last 3 Years 8.30 9.14 7.54 12,706 13,004 12,441
May 06, 15 Since Inception 13.56 11.18 9.17 13,293 12,677 12,170 # Crisil Short Term Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence
# S&P BSE 100 ## S&P BSE SENSEX. The Scheme is in existence for more than 1 year but less for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since
than 3 years. The scheme is managed by Mr. Srinivas Rao Ravuri since inception. inception.

SHOBHIT MEHROTRA HDFC FMP 371D JUNE 2014 (2) NAV as on July 31, 2017 ` 12.8228
HDFC FMP 1919D JANUARY 2013 (1) NAV as on July 31, 2017 ` 14.8180
Date Period Scheme Benchmark Additional Value of ` 10,000 invested (%) ## (`)##
(%) (%)# Returns Jul 29, 16 Last 1 Year 6.99 8.37 6.42 10,703 10,842 10,646
(`) (`)# Benchmark
(%) ## Jul 31, 14 Last 3 Years 8.33 9.14 7.54 12,715 13,004 12,441
(`)##
Jul 29, 16 Last 1 Year 8.05 9.94 6.42 10,810 11,000 10,646
# Crisil Short Term Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence
Jul 31, 14 Last 3 Years 9.50 11.00 7.54 13,131 13,680 12,441 for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since
Jan 08, 13 Since Inception 9.00 9.50 7.25 14,818 15,126 13,759 inception.
# Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for more
than 1 year but less than 5 years. The scheme is managed by Mr. Shobhit Mehrotra since inception. HDFC FMP 371D JUNE 2014 (3) NAV as on July 31, 2017 ` 12.8027
HDFC FMP 3360D MARCH 2014 (1) NAV as on July 31, 2017 ` 12.7709 Returns Returns Benchmark Scheme Benchmark Additional
Date Period Scheme Benchmark Additional Value of ` 10,000 invested (%) (%)# Returns (`) (`)# Benchmark
Returns Returns Benchmark Scheme Benchmark Additional (%) ## (`)##
(%) ## Jul 29, 16 Last 1 Year 7.34 8.37 6.42 10,738 10,842 10,646
(`)## Jul 31, 14 Last 3 Years 8.39 9.14 7.54 12,737 13,004 12,441
Jul 29, 16 Last 1 Year 9.36 9.94 9.83 10,941 11,000 10,989 Jul 02, 14 Since Inception 8.35 9.12 7.53 12,803 13,085 12,510
Jul 31, 14 Last 3 Years 8.02 11.00 11.15 12,608 13,680 13,734 # Crisil Short Term Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence
Mar 26, 14 Since Inception 7.57 11.32 11.03 12,771 14,323 14,198 for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since
# Crisil Composite Bond Fund Index ## Crisil 10 year Gilt Index. The Scheme is in existence for more inception.
than 1 year but less than 5 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
HDFC FMP 1123D JULY 2014 (1) NAV as on July 31, 2017 ` 12.8614

HDFC FMP 366D MAY 2014 (2) NAV as on July 31, 2017 ` 12.8631 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
(%) ## (`)## Jul 29, 16 Last 1 Year 7.10 9.94 6.42 10,714 11,000 10,646
Jul 29, 16 Last 1 Year 7.11 8.37 6.42 10,715 10,842 10,646 Aug 05, 14 Since Inception 8.78 11.15 7.55 12,861 13,714 12,431
Jul 31, 14 Last 3 Years 8.32 9.14 7.54 12,711 13,004 12,441 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence
for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since
Jun 03, 14 Since Inception 8.29 9.11 7.53 12,863 13,175 12,581 inception.
# Crisil Short Term Bond Fund Index ## Crisil 1 year T-Bill Index. The Regular Plan is in
existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit
Mehrotra since inception. HDFC FMP 1116D JULY 2014 (1) NAV as on July 31, 2017 ` 12.8368
HDFC FMP 370D JUNE 2014 (1) NAV as on July 31, 2017 ` 12.8503 Returns Returns Benchmark
Date Period Scheme Benchmark Additional Value of ` 10,000 invested (%) ## (`) (`)# Benchmark
Returns Returns Benchmark Scheme Benchmark Additional (`)##
(%) (%)# Returns (`) (`)# Benchmark Jul 29, 16 Last 1 Year 7.12 9.94 6.42 10,716 11,000 10,646
(%) ## (`)## Aug 12, 14 Since Inception 8.77 11.20 7.55 12,837 13,707 12,413
Jul 29, 16 Last 1 Year 7.08 8.37 6.42 10,712 10,842 10,646 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for more
Jul 31, 14 Last 3 Years 8.32 9.14 7.54 12,711 13,004 12,441
# Crisil Short Term Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for more
Performance of FMP schemes, being close-ended in nature, is not strictly comparable with that of open-ended schemes since the investment strategy for FMP schemes is
primarily buy-and-hold whereas open-ended schemes are actively managed.
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). Different plans viz. Regular Plan
and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of the distribution expenses / commission
charged in the Regular Plan. Load is not taken into consideration for computation of performance. N.A.: Not Available

HDFC FMP 1184D JANUARY 2015 (1) NAV as on July 31, 2017 ` 12.7493 HDFC FMP 1127D May 2015 (1) NAV as on July 31, 2017 ` 12.0642
Date Period Scheme Benchmark Additional Value of ` 10,000 invested Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Returns Returns Benchmark
(%) (%)# Returns Scheme Benchmark Additional (%) (%)# Returns Scheme Benchmark Additional
(%) ## (`) (`)# Benchmark (%) ## (`) (`)# Benchmark
(`)## (`)##
Jul 29, 16 Last 1 Year 9.55 9.94 6.42 10,960 11,000 10,646 Jul 29, 16 Last 1 Year 9.43 9.94 6.42 10,949 11,000 10,646
Jan 29, 15 Since Inception 10.19 9.75 7.26 12,749 12,624 11,918 Jun 10, 15 Since Inception 9.15 10.73 7.10 12,064 12,441 11,583
# Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for more # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for more
than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception. than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.

HDFC FMP 1157D FEBRUARY 2015 (1) NAV as on July 31, 2017 ` 12.2283 HDFC FMP 1112D June 2015 (1) NAV as on July 31, 2017 ` 11.9086
(`)## (`)##
Feb 25, 15 Since Inception 8.63 9.87 7.30 12,228 12,572 11,867 Jul 02, 15 Since Inception 8.75 10.74 7.05 11,909 12,366 11,524

HDFC FMP 1135D MARCH 2015 (1) NAV as on July 31, 2017 ` 12.1649 HDFC FMP 1105D December 2015 (1) NAV as on July 31, 2017 ` 11.4224
(%) ## (`) (`)# Benchmark (`) (`)# Benchmark
(`)## (%) ##
(`)##
Mar 19, 15 Since Inception 8.62 10.00 7.26 12,165 12,535 11,807 Dec 30, 15 Since Inception 8.75 11.10 6.76 11,422 11,816 11,093

HDFC FMP 1128D MARCH 2015 (1) NAV as on July 31, 2017 ` 12.1155
HDFC FMP 1183D January 2016 (1) NAV as on July 31, 2017 ` 11.4029
(`)## (%) ##
(`)##
Mar 26, 15 Since Inception 8.51 10.09 7.23 12,116 12,536 11,782 Jan 12, 16 Since Inception 8.83 11.11 6.78 11,403 11,775 11,071

HDFC FMP 371D MAY 2014 (1) NAV as on July 31, 2017 ` 12.8879
Returns Returns Benchmark Date Period Scheme Benchmark Additional Value of ` 10,000 invested
(%) (%)# Returns Scheme Benchmark Additional Returns Returns Benchmark
(%) ## (`) (`)# Benchmark (%) (%)# Returns Scheme Benchmark Additional
(`)## (%) ## (`) (`)# Benchmark
(`)##
Jul 29, 16 Last 1 Year 7.11 8.37 6.42 10,715 10,842 10,646
Jul 29, 16 Last 1 Year 8.24 9.94 6.42 10,829 11,000 10,646
Jul 31, 14 Last 3 Years 8.30 9.14 7.54 12,706 13,004 12,441
May 28, 14 Since Inception 8.31 9.14 7.57 12,888 13,203 12,609
# Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.

HDFC FMP 1115D March 2015 (1) HDFC FMP 1167D January 2016 (1) NAV as on July 31, 2017 ` 11.3424
NAV as on July 31, 2017 ` 11.9927
Returns Returns Benchmark Returns Returns Benchmark Scheme Benchmark Additional
(%) (%)# Returns Scheme Benchmark Additional (%) (%)# Returns
(`)## (%) ## (`)##
Apr 08, 15 Since Inception 8.17 10.06 7.20 11,993 12,486 11,746 Jan 28, 16 Since Inception 8.72 11.40 6.79 11,342 11,767 11,040

HDFC FMP 1106D May 2015 (1) NAV as on July 31, 2017 ` 11.9637 HDFC FMP 1155D February 2016 (1) NAV as on July 31, 2017 ` 11.3400
(`)## (%) ##
(`)##
May 20, 15 Since Inception 8.49 10.34 7.17 11,964 12,417 11,645 Feb 09, 16 Since Inception 8.91 11.70 6.81 11,340 11,771 11,019

HDFC FMP 1168D February 2016 (1) NAV as on July 31, 2017 ` 11.7635 ANIL BAMBOLI
(%) (%)# Returns Scheme Benchmark Additional HDFC CASH MANAGEMENT FUND - NAV as on July 31, 2017 ` 2,548.8531
(%) ## (`) (`)# Benchmark CALL PLAN
(`)##
Jul 29, 16 Last 1 Year 11.30 9.94 6.42 11,136 11,000 10,646 Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Feb 03, 16 Since Inception 11.51 11.66 6.81 11,764 11,787 11,032 (%) (%)# Returns Scheme Benchmark Additional
# Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for more (%) ## (`) (`)# Benchmark
than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception. (`)##
Jul 24, 17 Last 7 days 0.11 0.12 0.11 10,011 10,012 10,011

HDFC FMP 1148D February 2016 (1) NAV as on July 31, 2017 ` 11.3367 Jul 16, 17 Last 15 days 0.24 0.28 0.27 10,024 10,028 10,027
Jun 30, 17 Last 1 Month 0.50 0.57 0.56 10,050 10,057 10,056
Returns Returns Benchmark Jul 31, 16 Last 1 Year 6.04 6.79 6.42 10,604 10,679 10,642
(%) (%)# Returns Scheme Benchmark Additional Jul 31, 14 Last 3 Years 6.83 7.78 7.54 12,193 12,522 12,441
(%) ## (`) (`)# Benchmark
(`)## Jul 31, 12 Last 5 Years 7.36 8.23 7.32 14,268 14,855 14,240
Jul 29, 16 Last 1 Year 7.99 9.94 6.42 10,804 11,000 10,646 Feb 06, 02 Since Inception 6.23 N.A. 5.98 25,489 N.A. 24,585
Feb 18, 16 Since Inception 9.04 11.99 6.82 11,337 11,783 11,003 # Crisil Liquid Fund Index ## Crisil 1 year T-Bill Index. The scheme is managed by Mr. Anil
Bamboli since July 25, 2012.
HDFC ANNUAL INTERVAL FUND - NAV as on July 31, 2017 ` 14.3491
SERIES I - PLAN A
HDFC FMP 1161D February 2016 (1) NAV as on July 31, 2017 ` 11.6648
(`) (`)# Benchmark (%) ## (`) (`)# Benchmark
(%) ## (`)##
(`)##
Feb 25, 16 Since Inception 11.37 12.60 6.82 11,665 11,850 10,989 Jul 31, 14 Last 3 Years 8.08 9.14 7.54 12,627 13,004 12,441
# Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for more Mar 06, 13 Since Inception 8.54 9.15 7.23 14,349 14,705 13,602
than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception. # Crisil short Term Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for
more than 1 year but less than 5 years. Scheme performance may not strictly be comparable with
that of its Additional Benchmark as the scheme can invest only in instruments having maturity upto
HDFC FMP 1148D February 2016 (2) NAV as on July 31, 2017 ` 11.5047 the opening of the immediately following specified transaction period, which is at annual intervals.
The scheme is managed by Mr. Anil Bamboli since inception.
(%) (%)# Returns Scheme Benchmark Additional HDFC FMP 370D JULY 2013 (3) NAV as on July 31, 2017 ` 13.9724
(%) ## (`) (`)# Benchmark
(`)## Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Jul 29, 16 Last 1 Year 10.13 9.94 6.42 11,019 11,000 10,646 (%) (%)# Returns Scheme Benchmark Additional
Mar 04, 16 Since Inception 10.47 11.90 6.74 11,505 11,716 10,962 (%) ## (`) (`)# Benchmark
(`)##
than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception. Jul 29, 16 Last 1 Year 7.20 8.37 6.42 10,724 10,842 10,646
Jul 31, 14 Last 3 Years 8.36 9.14 7.54 12,726 13,004 12,441

HDFC FMP 1132D February 2016 (1) NAV as on July 31, 2017 ` 11.3099 Jul 31, 13 Since Inception 8.72 9.53 7.79 13,972 14,394 13,500
# Crisil Short Term Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for
Date Period Scheme Benchmark Additional Value of ` 10,000 invested more than 1 year but less than 5 years. The scheme is managed by Mr. Anil Bamboli since inception.
(`) (`)# Benchmark
(%) ## HDFC FMP 370D AUGUST 2013 (1) NAV as on July 31, 2017 ` 13.9734
(`)##
Mar 03, 16 Since Inception 9.12 11.93 6.74 11,310 11,724 10,964 (%) (%)# Returns Scheme Benchmark Additional
# Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for more (%) ## (`) (`)# Benchmark
than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception. (`)##
Jul 29, 16 Last 1 Year 7.26 8.37 6.42 10,730 10,842 10,646
Jul 31, 14 Last 3 Years 8.39 9.14 7.54 12,738 13,004 12,441
HDFC FMP 1140D March 2016 (1) NAV as on July 31, 2017 ` 11.5057
Date Period Scheme Benchmark Additional Value of ` 10,000 invested # Crisil Short Term Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for
Returns Returns Benchmark Scheme Benchmark Additional more than 1 year but less than 5 years. The scheme is managed by Mr. Anil Bamboli since inception.
(%) ##
(`)## HDFC FMP 370D AUGUST 2013 (2) NAV as on July 31, 2017 ` 14.0198
Mar 17, 16 Since Inception 10.76 11.52 6.74 11,506 11,615 10,936 Returns Returns Benchmark
# Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is (%) (%)# Returns Scheme Benchmark Additional
(%) ## (`) (`)# Benchmark
in existence for more than 1 year but less than 3 years. The scheme is managed by (`)##
Mr. Shobhit Mehrotra since inception.
Jul 29, 16 Last 1 Year 7.26 8.37 6.42 10,730 10,842 10,646
Jul 31, 14 Last 3 Years 8.42 9.14 7.54 12,749 13,004 12,441
HDFC FMP 1114D March 2016 (1) NAV as on July 31, 2017 ` 11.1993 Aug 14, 13 Since Inception 8.90 9.57 7.85 14,020 14,369 13,491
Returns Returns Benchmark more than 1 year but less than 5 years. The scheme is managed by Mr. Anil Bamboli since inception.
(%) ## (`) (`)# Benchmark
(`)##
Jul 29, 16 Last 1 Year 8.02 9.94 6.42 10,806 11,000 10,646
ANIL BAMBOLI....CONTINUED

HDFC FMP 370D AUGUST 2013 (3) NAV as on July 31, 2017 ` 14.0062 HDFC FMP 1143D JULY 2013 (1) NAV as on July 31, 2017 ` 14.0426
(`)## (`)##
Jul 31, 14 Last 3 Years 8.45 9.14 7.54 12,756 13,004 12,441 Jul 31, 14 Last 3 Years 8.23 11.00 7.54 12,682 13,680 12,441
Aug 22, 13 Since Inception 8.92 9.61 7.77 14,006 14,356 13,433 Aug 06, 13 Since Inception 8.89 10.71 7.74 14,043 15,003 13,463
# Crisil Short Term Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for
more than 1 year but less than 5 years. The scheme is managed by Mr. Anil Bamboli since inception. more than 1 year but less than 5 years. The scheme is managed by Mr. Anil Bamboli since inception.

HDFC FMP 370D AUGUST 2013 (4) NAV as on July 31, 2017 ` 13.9885 HDFC FMP 1846D AUGUST 2013 (1) NAV as on July 31, 2017 ` 14.3528
(`)## (`)##
Aug 29, 13 Since Inception 8.93 9.72 7.83 13,989 14,390 13,440 Aug 14, 13 Since Inception 9.54 11.14 7.85 14,353 15,200 13,491

HDFC FMP 370D SEPTEMBER 2013 (1) NAV as on July 31, 2017 ` 13.9312 HDFC FMP 1875D AUGUST 2013 (1) NAV as on July 31, 2017 ` 14.4942
(`)## (`)##
Sep 05, 13 Since Inception 8.86 9.48 7.74 13,931 14,240 13,378 Sep 04, 13 Since Inception 9.97 11.00 7.74 14,494 15,032 13,381

HDFC FMP 370D SEPTEMBER 2013 (2) NAV as on July 31, 2017 ` 13.8754 HDFC FMP 1175D JANUARY 2014 (1) NAV as on July 31, 2017 ` 14.0196
(`)## (`)##
Sep 13, 13 Since Inception 8.80 9.48 7.73 13,875 14,214 13,354 Feb 05, 14 Since Inception 10.18 11.27 7.71 14,020 14,508 12,953

HDFC FMP 371D JULY 2013 (1) NAV as on July 31, 2017 ` 13.9437 HDFC FMP 370D MARCH 2014 (1) NAV as on July 31, 2017 ` 13.3442
Returns Returns Benchmark Returns Returns Benchmark Scheme Benchmark Additional
(`)## (%) ## (`)##
Jul 24, 13 Since Inception 8.62 9.54 7.77 13,944 14,427 13,514 Mar 05, 14 Since Inception 8.83 9.35 7.70 13,344 13,563 12,876
# Crisil Short Term Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for # Crisil Short Term Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is
more than 1 year but less than 5 years. The scheme is managed by Mr. Anil Bamboli since inception. in existence for more than 1 year but less than 5 years. The scheme is managed by
Mr. Anil Bamboli since inception.

HDFC FMP 371D AUGUST 2013 (1) NAV as on July 31, 2017 ` 13.9101 HDFC FMP 793D FEBRUARY 2014 (1) NAV as on July 31, 2017 ` 13.6825
(`)## (`)##
Aug 07, 13 Since Inception 8.64 9.49 7.74 13,910 14,348 13,459 Feb 26, 14 Since Inception 9.58 9.37 7.69 13,683 13,593 12,892
# Crisil Short Term Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for # Crisil Short Term Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for

HDFC FMP 1113D AUGUST 2014 (1) NAV as on July 31, 2017 ` 12.8099 HDFC FMP 1113D NOVEMBER 2014 (1) NAV as on July 31, 2017 ` 12.4180
(`)## (`)##
Aug 27, 14 Since Inception 8.82 11.12 7.53 12,810 13,619 12,370 Nov 26, 14 Since Inception 8.42 10.36 7.40 12,418 13,024 12,107
# Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for

HDFC FMP 1099D AUGUST 2014 (1) NAV as on July 31, 2017 ` 12.7833 HDFC FMP 1111D NOVEMBER 2014 (1) NAV as on July 31, 2017 ` 12.3571
(`)## (`)##
Sep 05, 14 Since Inception 8.82 11.11 7.52 12,783 13,580 12,344 Dec 05, 14 Since Inception 8.30 10.08 7.39 12,357 12,903 12,084

HDFC FMP 1134D SEPTEMBER 2014 (1) NAV as on July 31, 2017 ` 12.9305 HDFC FMP 1107D DECEMBER 2014 (1) NAV as on July 31, 2017 ` 12.2906
(`)## (%) ##
(`)##
Sep 19, 14 Since Inception 9.38 11.04 7.52 12,931 13,500 12,309 Jan 06, 15 Since Inception 8.37 10.25 7.34 12,291 12,846 11,995

HDFC FMP 1128D SEPTEMBER 2014 (1) NAV as on July 31, 2017 ` 12.7458
HDFC FMP 1115D JANUARY 2015 (1) NAV as on July 31, 2017 ` 12.2312
(`)## (%) ## (`) (`)# Benchmark
(`)##
Sep 25, 14 Since Inception 8.89 11.05 7.52 12,746 13,479 12,295 Jan 14, 15 Since Inception 8.23 10.04 7.31 12,231 12,757 11,968
# Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for
more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception. # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for
more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.

HDFC FMP 1134D July 2015 (1) NAV as on July 31, 2017 ` 11.8543
Scheme Benchmark Additional
(%) ## (`) (`)# Benchmark (%) (%)# Returns
(`)## (%) ## (`) (`)# Benchmark
(`)##
Jul 29, 16 Last 1 Year 7.54 9.94 6.42 10,758 11,000 10,646
Jul 29, 16 Last 1 Year 8.37 9.94 6.42 10,842 11,000 10,646

HDFC FMP 1113D OCTOBER 2014 (1) NAV as on July 31, 2017 ` 12.5831
(%) (%)# Returns Scheme Benchmark Additional Returns Returns Benchmark Scheme Benchmark Additional
(%) ## (`) (`)# Benchmark (%) (%)# Returns
(`)## (`) (`)# Benchmark
(%) ## (`)##
Jul 29, 16 Last 1 Year 7.51 9.94 6.42 10,755 11,000 10,646
Oct 22, 14 Since Inception 8.63 10.78 7.46 12,583 13,287 12,209 Jul 29, 16 Last 1 Year 8.03 9.94 6.42 10,807 11,000 10,646
# Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for Jul 23, 15 Since Inception 8.21 10.76 7.02 11,733 12,299 11,473

HDFC FMP 1107D OCTOBER 2014 (1) NAV as on July 31, 2017 ` 12.4813
(`)## (%) ## (`) (`)# Benchmark
Jul 29, 16 Last 1 Year 7.56 9.94 6.42 10,760 11,000 10,646 (`)##
Nov 11, 14 Since Inception 8.49 10.42 7.42 12,481 13,094 12,148 Jul 29, 16 Last 1 Year 8.65 9.94 6.42 10,870 11,000 10,646
# Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for Aug 06, 15 Since Inception 8.46 10.69 7.02 11,750 12,236 11,442
ANIL BAMBOLI....CONTINUED ANUPAM JOSHI....CONTINUED

HDFC FMP 1108D September 2015 (1) NAV as on July 31, 2017 ` 11.6418
(`)## (%) ##
(`)##
Sep 23, 15 Since Inception 8.54 10.74 6.96 11,642 12,082 11,329 Mar 29, 16 Since Inception 8.93 11.46 6.74 11,214 11,565 10,914
more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception. more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.

HDFC FMP 1105D October 2015 (1) NAV as on July 31, 2017 ` 11.5266 HDFC FMP 1190D MARCH 2016 (1) NAV as on July 31, 2017 ` 11.5381
(`)## (%) ##
(`)##
Oct 15, 15 Since Inception 8.24 10.24 6.77 11,527 11,912 11,247 Mar 23, 16 Since Inception 11.13 11.39 6.74 11,538 11,575 10,924

HDFC FMP 1111D November 2015 (1) NAV as on July 31, 2017 ` 11.4343 HDFC FMP 1104D APRIL 2016 (1) NAV as on July 31, 2017 ` 11.0785
(`)## (%) ##
(`)##
Dec 03, 15 Since Inception 8.41 10.70 6.77 11,434 11,838 11,148 Apr 21, 16 Since Inception 8.35 11.11 6.58 11,079 11,439 10,847
Performance of FMP schemes, being close-ended in nature, is not strictly comparable
with that of open-ended schemes since the investment strategy for FMP schemes is HDFC FMP 1127D May 2016 (1)
primarily buy-and-hold whereas open-ended schemes are actively managed. NAV as on July 31, 2017 ` 11.2534
KRISHAN KUMAR DAGA Returns
(%)
Returns Benchmark
(%)# Returns Scheme Benchmark Additional
(%) ## (`) (`)# Benchmark
(`)##
HDFC GOLD EXCHANGE NAV as on July 31, 2017 ` 2,674.1382 Jul 29, 16 Last 1 Year 10.05 9.94 6.42 11,011 11,000 10,646
TRADED FUND*
Date Period Scheme Returns Benchmark Value of ` 10,000 invested # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for
(%) Returns more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
(%)# Scheme Benchmark
(`) (`)#
HDFC FMP 1153D April 2016 (1) NAV as on July 31, 2017 ` 11.3178
Jul 29, 16 Last 1 Year -10.15 -9.26 8,980 9,069
Jul 31, 14 Last 3 Years 0.23 1.31 10,069 10,399 Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Jul 31, 12 Last 5 Years -2.00 -0.97 9,036 9,524
Aug 13, 10 Since Inception 5.84 6.57 14,854 15,579 (%) ##
# Domestic Price of Physical Gold. Since inception returns are calculated on ` 1800.3288 (allotment (`)##
price) * The Scheme does not offer any Plans/Options. The scheme is managed by Mr. Krishan Kumar Jul 29, 16 Last 1 Year 10.12 9.94 6.42 11,018 11,000 10,646
Daga since October 19, 2015. May 05, 16 Since Inception 10.51 11.22 6.60 11,318 11,408 10,824
HDFC GOLD FUND NAV as on July 31, 2017 ` 9.4433 more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
Date Period Scheme Returns Benchmark Value of ` 10,000 invested
(%) Returns HDFC FMP 1113D June 2016 (1) NAV as on July 31, 2017 ` 11.0302
(%)# Scheme Benchmark
(`) (`)# Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Jul 29, 16 Last 1 Year -9.19 -9.26 9,076 9,069 (%) (%)# Returns Scheme Benchmark Additional
Jul 31, 14 Last 3 Years -0.72 1.31 9,786 10,399 (%) ## (`) (`)# Benchmark
(`)##
Jul 31, 12 Last 5 Years -2.46 -0.97 8,828 9,524
Jul 29, 16 Last 1 Year 8.29 9.94 6.42 10,834 11,000 10,646
Nov 01, 11 Since Inception -0.99 1.04 9,443 10,616
# Domestic Price of Physical Gold. The scheme is managed by Mr. Krishan Kumar Daga since
October 19, 2015. # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for
more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.
ANUPAM JOSHI
HDFC FMP 1127D June 2016 (1) NAV as on July 31, 2017 ` 10.9937

HDFC FMP 1120D MARCH 2016 (1) NAV as on July 31, 2017 ` 11.2132 Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Date Period Scheme Benchmark Additional Value of ` 10,000 invested (%) (%)# Returns Scheme Benchmark Additional
Returns Returns Benchmark (%) ## (`) (`)# Benchmark
(%) (%)# Returns Scheme Benchmark Additional (`)##
(%) ## (`) (`)# Benchmark
(`)## Jul 29, 16 Last 1 Year 8.20 9.94 6.42 10,825 11,000 10,646
Mar 16, 16 Since Inception 8.68 11.73 6.74 11,213 11,648 10,938 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for
ANUPAM JOSHI....CONTINUED VINAY KULKARNI & ANIL BAMBOLI....CONTINUED

HDFC FMP 1128D June 2016 (1) NAV as on July 31, 2017 ` 11.1549 CO-MANAGED BY
Date Period Scheme Benchmark Additional
Value of ` 10,000 invested MITEN LATHIA & ANIL BAMBOLI
(%) ## (`) (`)# Benchmark
(`)## HDFC DYNAMIC PE NAV as on July 31, 2017 ` 17.6608
RATIO FUND OF FUNDS
Jul 29, 16 Last 1 Year 9.82 9.94 6.42 10,988 11,000 10,646
Jun 29, 16 Since Inception 10.57 11.55 6.55 11,155 11,263 10,715 Date Period Scheme Benchmark Additional Value of ` 10,000 invested
# Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for Returns Returns Benchmark
more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception. (%) (%)# Returns Scheme Benchmark Additional
(%) ## (`) (`)# Benchmark
(`)##
HDFC FMP 1112D June 2016 (1) NAV as on July 31, 2017 ` 10.9603 Jul 29, 16 Last 1 Year 18.85 14.36 16.56 11,896 11,445 11,665
Date Period Scheme Benchmark Additional Value of ` 10,000 invested Jul 31, 14 Last 3 Years 13.92 10.11 9.27 14,791 13,355 13,051
Returns Returns Benchmark Jul 31, 12 Last 5 Years 11.25 12.71 14.01 17,045 18,193 19,272
(%) ## (`) (`)# Benchmark Feb 06, 12 Since Inception 10.93 11.50 12.19 17,661 18,165 18,795
(`)## # crisil Balanced Fund - Aggressive Index ## NIFTY 50 Index. Scheme performance may not
Jul 29, 16 Last 1 Year 8.38 9.94 6.42 10,842 11,000 10,646 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. The scheme is co-managed
Jul 07, 16 Since Inception 8.98 11.19 6.50 10,960 11,196 10,694 by Mr. Miten Lathia & Mr. Anil Bamboli since June 27, 2014.

CO-MANAGED BY
HDFC FMP 1161D July 2016 (1) NAV as on July 31, 2017 ` 10.9958 KRISHAN KUMAR DAGA & ANIL BAMBOLI
(%) (%)# Returns Scheme Benchmark Additional HDFC DAF - II - NAV as on July 31, 2017 ` 11.3520
(%) ## (`) (`)# Benchmark 1160D January 2016
(`)##
Jul 27, 16 Since Inception 9.84 10.39 6.41 10,996 11,051 10,649 Returns Returns Benchmark
# Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for (%) ## (`) (`)# Benchmark
more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception. (`)##
Performance of FMP schemes, being close-ended in nature, is not strictly comparable Jul 29, 16 Last 1 Year 7.46 10.49 6.42 10,751 11,055 10,646
with that of open-ended schemes since the investment strategy for FMP schemes is Feb 04, 16 Since Inception 8.90 12.72 6.81 11,352 11,950 11,030
# CRISIL Debt Hybrid 75+25 Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence
for more than 1 year but less than 3 years. The scheme is co-managed by Mr. Krishan Kumar Daga
CO-MANAGED BY & Anil Bamboli since inception.
VINAY KULKARNI & ANIL BAMBOLI
HDFC DAF - II - NAV as on July 31, 2017 ` 11.0401
1099D MARCH 2016
HDFC CPO - III - NAV as on July 31, 2017 ` 11.6345
1207D DECEMBER 2014 Date Period Scheme Benchmark Additional Value of ` 10,000 invested
(%) ## (`) (`)# Benchmark
(`)## Jul 29, 16 Last 1 Year 7.06 10.49 6.42 10,710 11,055 10,646
Jul 29, 16 Last 1 Year 6.59 11.00 6.42 10,663 11,106 10,646 Apr 12, 16 Since Inception 7.90 12.30 6.60 11,040 11,629 10,868
Dec 23, 14 Since Inception 5.98 10.01 7.38 11,635 12,820 12,040 # CRISIL Debt Hybrid 75+25 Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence
# crisil mip Blended Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for more than 1 year & Anil Bamboli since inception.
but less than 3 years. The scheme is co-managed by Mr. Vinay Kulkarni & Mr. Anil Bamboli since inception.

HDFC CPO - III - NAV as on July 31, 2017 ` 11.8304 HDFC DAF - II - 1111D April 2016 NAV as on July 31, 2017 ` 11.0332
1100D OCTOBER 2014 Date Period Scheme Benchmark Additional Value of ` 10,000 invested
(%) ## (`) (`)# Benchmark
(`)## Jul 29, 16 Last 1 Year 7.27 10.49 6.42 10,731 11,055 10,646
Jul 29, 16 Last 1 Year 6.60 11.00 6.42 10,664 11,106 10,646
# CRISIL Debt Hybrid 75+25 Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence
Oct 28, 14 Since Inception 6.28 10.53 7.44 11,830 13,182 12,189 for more than 1 year but less than 3 years. The scheme is co-managed by Mr. Krishan Kumar Daga
# crisil mip Blended Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for more than 1 year & Anil Bamboli since inception.
HDFC CPO - III - NAV as on July 31, 2017 ` 11.4978

1173D JANUARY 2015

(%) ## (`) (`)# Benchmark
(`)##
Jul 29, 16 Last 1 Year 5.93 11.00 6.42 10,596 11,106 10,646
# crisil mip Blended Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for more than 1 year
Performance of close-ended Scheme 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.
SCHEME PERFORMANCE - DIRECT PLAN - GROWTH OPTION (FUND MANAGER-WISE)
VINAY KULKARNI....CONTINUED

PRASHANT JAIN HDFC TAXSAVER NAV as on July 31, 2017 ` 526.738

HDFC EQUITY FUND NAV as on July 31, 2017 ` 629.819 Returns Returns Benchmark
Returns Returns Benchmark (`)##
(%) (%)# Returns Scheme Benchmark Additional Jul 29, 16 Last 1 Year 27.81 19.84 16.56 12,798 11,996 11,665
(%) ## (`) (`)# Benchmark
(`)## Jul 31, 14 Last 3 Years 14.21 12.38 9.27 14,905 14,195 13,051
Jul 29, 16 Last 1 Year 26.30 19.84 16.56 12,646 11,996 11,665 Jan 01, 13 Since Inception 18.04 14.20 12.19 21,376 18,372 16,934
Jul 31, 14 Last 3 Years 14.25 12.38 9.27 14,920 14,195 13,051 # NIFTY 500 Index ## NIFTY 50 Index.
# NIFTY 500 Index ## NIFTY 50 Index. CHIRAG SETALVAD

HDFC TOP 200 FUND NAV as on July 31, 2017 ` 456.895 HDFC MID-CAP
Date Period Scheme Benchmark Additional Value of ` 10,000 invested OPPORTUNITIES FUND
Returns Returns Benchmark NAV as on July 31, 2017 ` 56.092
(`) (`)# Benchmark Date Period Scheme Benchmark Additional Value of ` 10,000 invested
(%) ## Returns Returns Benchmark
(`)##
Jul 29, 16 Last 1 Year 24.52 18.56 15.82 12,467 11,867 11,591 (%) ## (`) (`)# Benchmark
(`)##
Jul 31, 14 Last 3 Years 13.67 11.68 7.88 14,693 13,933 12,556
Jan 01, 13 Since Inception 16.28 13.57 11.71 19,957 17,911 16,606 Jul 29, 16 Last 1 Year 27.57 25.18 16.56 12,774 12,533 11,665
# S&P BSE 200 ## S&P BSE SENSEX. Jul 31, 14 Last 3 Years 24.20 19.52 9.27 19,169 17,083 13,051
# NIFTY free Float Midcap 100 Index ## NIFTY 50 Index.
HDFC PRUDENCE FUND NAV as on July 31, 2017 ` 514.749
HDFC SMALL CAP FUND NAV as on July 31, 2017 ` 39.804
(%) (%)# Returns Scheme Benchmark Additional Date Period Scheme Benchmark Additional Value of ` 10,000 invested
(%) ## (`) (`)# Benchmark
(`)## Returns Returns Benchmark
Jul 31, 14 Last 3 Years 15.28 10.11 9.27 15,326 13,355 13,051 (`)##
# crisil Balanced Fund - Aggressive Index ## NIFTY 50 Index. Scheme performance may Jul 31, 14 Last 3 Years 22.71 15.50 9.27 18,488 15,415 13,051
not strictly be comparable with that of its Additional Benchmark in view of balanced nature Jan 01, 13 Since Inception 22.16 17.20 12.19 25,020 20,688 16,934
of the scheme where a portion of scheme’s investments are made in debt instruments.. # NIFTY free Float Smallcap 100 Index ## NIFTY 50 Index.
VINAY KULKARNI
HDFC BALANCED FUND NAV as on July 31, 2017 ` 149.688
HDFC CORE & SATELLITE FUND NAV as on July 31, 2017 ` 81.406 Returns Returns Benchmark
(%) ## (`) (`)# Benchmark Jul 29, 16 Last 1 Year 22.78 14.36 16.56 12,292 11,445 11,665
(`)## Jul 31, 14 Last 3 Years 17.70 10.11 9.27 16,312 13,355 13,051
Jul 29, 16 Last 1 Year 24.20 18.56 15.82 12,435 11,867 11,591 Jan 01, 13 Since Inception 20.23 11.52 12.19 23,256 16,481 16,934
Jul 31, 14 Last 3 Years 14.70 11.68 7.88 15,096 13,933 12,556 # crisil Balanced Fund - Aggressive Index ## NIFTY 50 Index. Scheme performance may
not strictly be comparable with that of its Additional Benchmark in view of balanced nature
Jan 01, 13 Since Inception 16.59 13.57 11.71 20,199 17,911 16,606 of the scheme where a portion of scheme’s investments are made in debt instruments..
# S&P BSE 200 ## S&P BSE SENSEX.
HDFC CHILDREN’S GIFT FUND -
HDFC PREMIER MULTI-CAP FUND NAV as on July 31, 2017 ` 55.433 INVESTMENT PLAN
NAV as on July 31, 2017 ` 113.910
(`)## (%) ## (`) (`)# Benchmark
(`)##
Jul 29, 16 Last 1 Year 23.49 19.84 16.56 12,363 11,996 11,665
Jul 31, 14 Last 3 Years 12.45 12.38 9.27 14,225 14,195 13,051 Jul 29, 16 Last 1 Year 21.20 14.36 16.56 12,133 11,445 11,665
Jan 01, 13 Since Inception 15.23 14.20 12.19 19,143 18,372 16,934 Jul 31, 14 Last 3 Years 16.12 10.11 9.27 15,662 13,355 13,051
# NIFTY 500 Index ## NIFTY 50 Index. Jan 01, 13 Since Inception 19.25 11.52 12.19 22,400 16,481 16,934
# crisil Balanced Fund - Aggressive Index ## NIFTY 50 Index. Scheme performance may
not strictly be comparable with that of its Additional Benchmark in view of balanced nature
HDFC LARGE CAP FUND NAV as on July 31, 2017 ` 108.960 of the scheme where a portion of scheme’s investments are made in debt instruments.
HDFC CHILDREN’S GIFT FUND -
(%) (%)# Returns SAVINGS PLAN
(%) ## (`) (`)# Benchmark NAV as on July 31, 2017 ` 45.7439
(`)##
Jul 29, 16 Last 1 Year 19.37 16.56 15.82 11,948 11,665 11,591 Returns Returns Benchmark
Jul 31, 14 Last 3 Years 9.62 9.27 7.88 13,178 13,051 12,556 (%) (%)# Returns Scheme Benchmark Additional
(%) ## (`) (`)# Benchmark
Jan 01, 13 Since Inception 11.23 12.19 11.71 16,280 16,934 16,606 (`)##
# NIFTY 50 Index ## S&P BSE SENSEX. Jul 29, 16 Last 1 Year 12.31 11.00 9.83 11,238 11,106 10,989
Jul 31, 14 Last 3 Years 12.26 10.87 11.15 14,152 13,634 13,734
# crisil MIP Blended Index ## Crisil 10 year Gilt Index. 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.
CHIRAG SETALVAD....CONTINUED SHOBHIT MEHROTRA....CONTINUED

HDFC LONG TERM ADVANTAGE FUND NAV as on July 31, 2017 ` 336.629 HDFC HIGH INTEREST FUND - STP NAV as on July 31, 2017 ` 34.3532
(`)## (`)##
Jan 01, 13 Since Inception 19.62 11.71 12.19 22,718 16,606 16,934 Jan 01, 13 Since Inception 9.49 9.09 7.27 15,148 14,894 13,794
# S&P BSE SENSEX ## NIFTY 50 Index. # crisil Short Term Bond Fund Index ## Crisil 1 year T-Bill Index.
SRINIVAS RAO RAVURI HDFC FLOATING RATE INCOME

FUND - STP - WHOLESALE OPTION
NAV as on July 31, 2017 ` 29.0996
HDFC GROWTH FUND NAV as on July 31, 2017 ` 180.122 Returns Returns Benchmark
(`)##
Jul 31, 14 Last 3 Years 8.81 7.78 7.54 12,885 12,522 12,441
Jul 29, 16 Last 1 Year 23.07 15.82 16.56 12,321 11,591 11,665
Jul 31, 14 Last 3 Years 14.17 7.88 9.27 14,887 12,556 13,051
# crisil Liquid Fund Index ## Crisil 1 year T-Bill Index.
# S&P BSE SENSEX ## NIFTY 50 Index.
HDFC FLOATING
RATE INCOME FUND - LTP
HDFC INFRASTRUCTURE FUND NAV as on July 31, 2017 ` 21.090 NAV as on July 31, 2017 ` 29.5568
(%) ## (`)##
(`)##
Jan 01, 13 Since Inception 14.92 14.20 12.19 18,911 18,372 16,934 Jan 01, 13 Since Inception 8.82 8.27 7.27 14,728 14,388 13,794
# NIFTY 500 Index ## NIFTY 50 Index. # crisil Liquid Fund Index ## Crisil 1 year T-Bill Index.
HDFC FOCUSED HDFC CORPORATE

EQUITY FUND - PLAN A DEBT OPPORTUNITIES FUND
NAV as on July 31, 2017 ` 12.528 NAV as on July 31, 2017 ` 14.3866
(`) (`)# Benchmark
(%) ## (`) (`)# Benchmark (%) ##
(`)## (`)##
Feb 23, 15 Since Inception 9.70 6.99 4.85 12,528 11,790 11,222 Jul 31, 14 Last 3 Years 11.35 9.14 11.15 13,812 13,004 13,734
# S&P BSE 100 ## S&P BSE SENSEX. The Scheme is in existence for more than 1 year but less Mar 25, 14 Since Inception 11.46 9.25 11.04 14,387 13,454 14,206
than 3 years. The scheme is managed by Mr. Srinivas Rao Ravuri since inception. # crisil Short Term Bond Fund Index ## Crisil 10 year Gilt Index.

HDFC FOCUSED HDFC FMP 1919D JANUARY 2013 (1) NAV as on July 31, 2017 ` 14.8180
EQUITY FUND - PLAN B
NAV as on July 31, 2017 ` 13.463 Date Period Scheme Benchmark Additional Value of ` 10,000 invested
(%) ## (`) (`)# Benchmark
(`)## Jul 29, 16 Last 1 Year 8.05 9.94 6.42 10,810 11,000 10,646
Jul 29, 16 Last 1 Year 21.86 17.70 15.82 12,199 11,780 11,591 Jul 31, 14 Last 3 Years 9.50 11.00 7.54 13,131 13,680 12,441
May 06, 15 Since Inception 14.21 11.18 9.17 13,463 12,677 12,170 Jan 08, 13 Since Inception 9.00 9.50 7.25 14,818 15,126 13,759
# S&P BSE 100 ## S&P BSE SENSEX. The Scheme is in existence for more than 1 year but less # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for more
than 3 years. The scheme is managed by Mr. Srinivas Rao Ravuri since inception. than 1 year but less than 5 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.

SHOBHIT MEHROTRA HDFC FMP 3360D MARCH 2014 (1) NAV as on July 31, 2017 ` 12.8138
HDFC INCOME FUND NAV as on July 31, 2017 ` 40.2551 (`) (`)# Benchmark
(%) ##
Date Period Scheme Benchmark Additional Value of ` 10,000 invested (`)##
Returns Returns Benchmark Scheme Benchmark Additional Jul 29, 16 Last 1 Year 9.47 9.94 9.83 10,952 11,000 10,989
(%) (%)# Returns (`) (`)# Benchmark Jul 31, 14 Last 3 Years 8.13 11.00 11.15 12,645 13,680 13,734
(%) ## (`)## Mar 26, 14 Since Inception 7.68 11.32 11.03 12,814 14,323 14,198
Jul 29, 16 Last 1 Year 8.39 9.94 9.83 10,844 11,000 10,989 # Crisil Composite Bond Fund Index ## Crisil 10 year Gilt Index. The Scheme is
in existence for more than 1 year but less than 5 years. The scheme is managed by
Jul 31, 14 Last 3 Years 11.39 11.00 11.15 13,826 13,680 13,734 Mr. Shobhit Mehrotra since inception.
Jan 01, 13 Since Inception 9.58 9.57 8.24 15,207 15,198 14,374 Performance of FMP schemes, being close-ended in nature, is not strictly comparable
# crisil Composite Bond Fund Index ## Crisil 10 year Gilt Index. with that of open-ended schemes since the investment strategy for FMP schemes is

HDFC FMP 366D MAY 2014 (2) NAV as on July 31, 2017 ` 12.8973 HDFC FMP 1123D JULY 2014 (1) NAV as on July 31, 2017 ` 12.9772
(`)## (`)##
Jul 31, 14 Last 3 Years 8.41 9.14 7.54 12,744 13,004 12,441 Aug 05, 14 Since Inception 9.11 11.15 7.55 12,977 13,714 12,431
Jun 03, 14 Since Inception 8.38 9.11 7.53 12,897 13,175 12,581 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for more
# Crisil Short Term Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.

HDFC FMP 1116D JULY 2014 (1) NAV as on July 31, 2017 ` 12.9516

HDFC FMP 370D JUNE 2014 (1) NAV as on July 31, 2017 ` 12.8864 Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Date Period Scheme Benchmark Additional Value of ` 10,000 invested Returns Returns Benchmark
Returns Returns Benchmark (%) (%)# Returns Scheme Benchmark Additional
(%) ## (`) (`)# Benchmark
(%) ## (`) (`)# Benchmark
(`)## Jul 29, 16 Last 1 Year 7.44 9.94 6.42 10,748 11,000 10,646
Jul 29, 16 Last 1 Year 7.19 8.37 6.42 10,723 10,842 10,646 Aug 12, 14 Since Inception 9.10 11.20 7.55 12,952 13,707 12,413
Jul 31, 14 Last 3 Years 8.41 9.14 7.54 12,743 13,004 12,441 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for more
Jun 05, 14 Since Inception 8.37 9.08 7.53 12,886 13,155 12,573 than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception. HDFC FMP 1184D JANUARY 2015 (1) NAV as on July 31, 2017 ` 12.8454
HDFC FMP 370D JUNE 2014 (2) NAV as on July 31, 2017 ` 12.8513 Returns Returns Benchmark
(%) ## (`) (`)# Benchmark
(`)## Jan 29, 15 Since Inception 10.52 9.75 7.26 12,845 12,624 11,918
Jul 29, 16 Last 1 Year 7.14 8.37 6.42 10,718 10,842 10,646 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for more
Jul 31, 14 Last 3 Years 8.46 9.14 7.54 12,762 13,004 12,441
HDFC FMP 1157D FEBRUARY 2015 (1) NAV as on July 31, 2017 ` 12.3178
than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception. Date Period Scheme Benchmark Additional Value of ` 10,000 invested
HDFC FMP 371D JUNE 2014 (1) NAV as on July 31, 2017 ` 12.8644 (%) ## (`) (`)# Benchmark
(`)##
(%) (%)# Returns Scheme Benchmark Additional Feb 25, 15 Since Inception 8.96 9.87 7.30 12,318 12,572 11,867
(%) ## (`) (`)# Benchmark
(`)## # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for more
Jul 29, 16 Last 1 Year 7.16 8.37 6.42 10,720 10,842 10,646
Jul 31, 14 Last 3 Years 8.40 9.14 7.54 12,739 13,004 12,441
# Crisil Short Term Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for more Date Period Scheme Benchmark Additional Value of ` 10,000 invested
than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception. Returns Returns Benchmark
(%) ## (`) (`)# Benchmark
(`)##
Jul 29, 16 Last 1 Year 8.49 9.94 6.42 10,854 11,000 10,646
Returns Returns Benchmark Mar 19, 15 Since Inception 8.95 10.00 7.26 12,252 12,535 11,807
(%) (%)# Returns Scheme Benchmark Additional # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for more
(%) ## (`) (`)# Benchmark than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
(`)##
Jul 29, 16 Last 1 Year 7.09 8.37 6.42 10,713 10,842 10,646
Jul 31, 14 Last 3 Years 8.42 9.14 7.54 12,748 13,004 12,441
Jun 18, 14 Since Inception 8.38 9.11 7.55 12,856 13,128 12,550 Date Period Scheme Benchmark Additional Value of ` 10,000 invested
# Crisil Short Term Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is (%) (%)# Returns
in existence for more than 1 year but less than 3 years. The scheme is managed by (`) (`)# Benchmark
Mr. Shobhit Mehrotra since inception. (%) ## (`)##
Jul 29, 16 Last 1 Year 8.39 9.94 6.42 10,844 11,000 10,646
HDFC FMP 371D JUNE 2014 (3) NAV as on July 31, 2017 ` 12.8357 Mar 26, 15 Since Inception 8.83 10.09 7.23 12,201 12,536 11,782
Date Period Scheme Benchmark Additional Value of ` 10,000 invested # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for more
Returns Returns Benchmark than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception.
(%) ## (`) (`)# Benchmark
(`)## HDFC FMP 371D MAY 2014 (1) NAV as on July 31, 2017 ` 12.9224
Jul 31, 14 Last 3 Years 8.48 9.14 7.54 12,770 13,004 12,441 Returns Returns Benchmark
Jul 02, 14 Since Inception 8.44 9.12 7.53 12,836 13,085 12,510 (%) ## (`) (`)# Benchmark
# Crisil Short Term Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is (`)##
in existence for more than 1 year but less than 3 years. The scheme is managed by Jul 29, 16 Last 1 Year 7.21 8.37 6.42 10,725 10,842 10,646
Mr. Shobhit Mehrotra since inception. Jul 31, 14 Last 3 Years 8.39 9.14 7.54 12,738 13,004 12,441

HDFC FMP 1115D March 2015 (1) NAV as on July 31, 2017 ` 12.0763 HDFC FMP 1167D January 2016 (1) NAV as on July 31, 2017 ` 11.4680
(`)## (`)##
Apr 08, 15 Since Inception 8.49 10.06 7.20 12,076 12,486 11,746 Jan 28, 16 Since Inception 9.52 11.40 6.79 11,468 11,767 11,040

(`)## (`)##
May 20, 15 Since Inception 8.82 10.34 7.17 12,043 12,417 11,645 Feb 09, 16 Since Inception 9.60 11.70 6.81 11,447 11,771 11,019

(`) (`)# Benchmark (%) (%)# Returns Scheme Benchmark Additional
(%) ## (%) ## (`) (`)# Benchmark
(`)## (`)##
Jun 10, 15 Since Inception 9.59 10.73 7.10 12,168 12,441 11,583 Feb 03, 16 Since Inception 11.58 11.66 6.81 11,774 11,787 11,032

HDFC FMP 1112D June 2015 (1) NAV as on July 31, 2017 ` 11.9832
(`)## (%) ##
(`)##
Jul 02, 15 Since Inception 9.08 10.74 7.05 11,983 12,366 11,524 Feb 18, 16 Since Inception 9.74 11.99 6.82 11,441 11,783 11,003
than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception. # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for more

HDFC FMP 1105D December 2015 (1) NAV as on July 31, 2017 ` 11.5230
(`)## (%) ## (`) (`)# Benchmark
(`)##
Jul 29, 16 Last 1 Year 8.66 9.94 6.42 10,871 11,000 10,646
Jul 29, 16 Last 1 Year 11.74 9.94 6.42 11,181 11,000 10,646
than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception. # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for more

(`)## (%) ##
(`)##
Jan 12, 16 Since Inception 9.48 11.11 6.78 11,508 11,775 11,071 Mar 04, 16 Since Inception 11.58 11.90 6.74 11,669 11,716 10,962

HDFC FMP 1176D January 2016 (1) NAV as on July 31, 2017 ` 11.4754 HDFC FMP 1132D February 2016 (1) NAV as on July 31, 2017 ` 11.4093
(`)## (%) ##
(`)##
SHOBHIT MEHROTRA....CONTINUED KRISHAN KUMAR DAGA....CONTINUED

HDFC FMP 1140D March 2016 (1) NAV as on July 31, 2017 ` 11.6694 HDFC GOLD FUND NAV as on July 31, 2017 ` 9.5992
Date Period Scheme Benchmark Additional Value of ` 10,000 invested Date Period Scheme Returns Benchmark Value of ` 10,000 invested
Returns Returns Benchmark (%) Returns
(%) (%)# Returns Scheme Benchmark Additional (%)# Scheme Benchmark (`)#
(%) ## (`) (`)# Benchmark (`)
(`)##
Jul 29, 16 Last 1 Year -8.78 -9.26 9,117 9,069
Jul 29, 16 Last 1 Year 11.32 9.94 6.42 11,139 11,000 10,646 Jul 31, 14 Last 3 Years -0.28 1.31 9,916 10,399
Mar 17, 16 Since Inception 11.90 11.52 6.74 11,669 11,615 10,936 Jan 01, 13 Since Inception -3.04 -1.26 8,680 9,434
than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception. # Domestic Price of Physical Gold. The Scheme is in existence for more than 1 year but less than 5
years. The scheme is managed by Mr. Krishan Kumar Daga since October 19, 2015.

HDFC FMP 1114D March 2016 (1) NAV as on July 31, 2017 ` 11.3161 ANUPAM JOSHI
(%) (%)# Returns Scheme Benchmark Additional HDFC LIQUID FUND NAV as on July 31, 2017 ` 3,278.9055
(%) ## (`) (`)# Benchmark
(`)## Date Period Scheme Benchmark Additional Value of ` 10,000 invested
(`)##
than 1 year but less than 3 years. The scheme is managed by Mr. Shobhit Mehrotra since inception. Jul 24, 17 Last 7 days 0.12 0.12 0.11 10,012 10,012 10,011
Performance of FMP schemes, being close-ended in nature, is not strictly comparable Jul 16, 17 Last 15 days 0.26 0.28 0.27 10,026 10,028 10,027
with that of open-ended schemes since the investment strategy for FMP schemes is Jun 30, 17 Last 1 Month 0.55 0.57 0.56 10,055 10,057 10,056
Jul 31, 16 Last 1 Year 6.85 6.79 6.42 10,685 10,679 10,642
KRISHAN KUMAR DAGA Jul 31, 14 Last 3 Years
Dec 31, 12 Since Inception
7.91
8.40
7.78
8.27
7.54 12,570
7.28 14,476
12,522
14,391
12,441
13,800
# crisil Liquid Fund Index ## Crisil 1 year T-Bill Index.
HDFC ARBITRAGE FUND -

WHOLESALE PLAN NAV as on July 31, 2017 ` 12.655
HDFC MEDIUM TERM
Date Period Scheme Benchmark Additional Value of ` 10,000 invested OPPORTUNITIES FUND
Returns Returns Benchmark NAV as on July 31, 2017 ` 18.7783
(%) ## (`) (`)# Benchmark Returns Returns Benchmark
(`)## (%) (%)# Returns Scheme Benchmark Additional
(`)##
Jul 31, 14 Last 3 Years 7.16 7.78 9.27 12,308 12,522 13,051
Jul 29, 16 Last 1 Year 9.05 9.94 9.83 10,910 11,000 10,989
Jul 31, 14 Last 3 Years 9.74 11.00 11.15 13,220 13,680 13,734
# Crisil Liquid Fund Index ## NIFTY 50 Index. Scheme performance is not strictly comparable
with that of its Additional Benchmark since the scheme does not take directional call in equity Jan 01, 13 Since Inception 9.39 9.57 8.24 15,082 15,198 14,374
markets but is limited to availing arbitrage opportunities, etc. # crisil Composite Bond Fund Index ## Crisil 10 year Gilt Index.
HDFC CASH MANAGEMENT FUND -
HDFC INDEX FUND - SENSEX PLAN NAV as on July 31, 2017 ` 287.4745
Date Period Scheme Benchmark Additional Value of ` 10,000 invested TREASURY ADVANTAGE PLAN -
RETAIL OPTION NAV as on July 31, 2017 ` 36.4143
(`)##
Jul 31, 14 Last 3 Years 9.19 9.39 9.27 13,023 13,092 13,051
Jul 29, 16 Last 1 Year 8.54 6.79 6.42 10,859 10,683 10,646
Jul 31, 14 Last 3 Years 8.79 7.78 7.54 12,879 12,522 12,441
# S&P BSE SENSEX (Total Returns Index) ## NIFTY 50 Index.
# Crisil Liquid Fund Index ## Crisil 1 year T-Bill Index.
HDFC INDEX FUND - NIFTY PLAN NAV as on July 31, 2017 ` 90.8622

Date Period Scheme Benchmark Additional Value of ` 10,000 invested HDFC FMP 1120D MARCH 2016 (1) NAV as on July 31, 2017 ` 11.3112
(%) ## (`) (`)# Benchmark
Jul 29, 16 Last 1 Year 17.45 18.05 15.82 11,756 11,816 11,591 (`)##
# NIFTY 50 Index (Total Returns Index) ## S&P BSE SENSEX. # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for
HDFC INDEX FUND - Performance of FMP schemes, being close-ended in nature, is not strictly comparable
SENSEX PLUS PLAN with that of open-ended schemes since the investment strategy for FMP schemes is
NAV as on July 31, 2017 ` 447.8316 primarily buy-and-hold whereas open-ended schemes are actively managed.
Scheme Benchmark Additional HDFC FMP 1107D MARCH 2016 (1) NAV as on July 31, 2017 ` 11.3110
(%) (%)# Returns
(%) ## (`) (`)# Benchmark Date Period Scheme Benchmark Additional Value of ` 10,000 invested
(%) ## (`) (`)# Benchmark
Jul 31, 14 Last 3 Years 10.10 9.39 9.27 13,351 13,092 13,051 (`)##
# S&P BSE SENSEX (Total Returns Index) ## NIFTY 50 Index. Mar 29, 16 Since Inception 9.63 11.46 6.74 11,311 11,565 10,914
ANUPAM JOSHI....CONTINUED

HDFC FMP 1190D March 2016 (1) NAV as on July 31, 2017 ` 11.6302 HDFC FMP 1112D June 2016 (1) NAV as on July 31, 2017 ` 11.0320
(`)## (`)##
Mar 23, 16 Since Inception 11.78 11.39 6.74 11,630 11,575 10,924 Jul 07, 16 Since Inception 9.65 11.19 6.50 11,032 11,196 10,694
more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception. more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception.

HDFC FMP 1104D APRIL 2016 (1) NAV as on July 31, 2017 ` 11.1748
HDFC FMP 1161D JuLY 2016 (1) NAV as on July 31, 2017 ` 11.1244
(`)## (%) ## (`) (`)# Benchmark
(`)##
Jul 29, 16 Last 1 Year 8.66 9.94 6.42 10,871 11,000 10,646
Jul 29, 16 Last 1 Year 11.00 9.94 6.42 11,106 11,000 10,646
# Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for Jul 27, 16 Since Inception 11.12 10.39 6.41 11,124 11,051 10,649
more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception. # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for
Performance of FMP schemes, being close-ended in nature, is not strictly comparable
HDFC FMP 1127D May 2016 (1) NAV as on July 31, 2017 ` 11.3864 with that of open-ended schemes since the investment strategy for FMP schemes is
Date Period Scheme Benchmark Additional Value of ` 10,000 invested primarily buy-and-hold whereas open-ended schemes are actively managed.
(%) ## (`) (`)# Benchmark
(`)##
ANIL BAMBOLI
Jul 29, 16 Last 1 Year 11.13 9.94 6.42 11,120 11,000 10,646
May 31, 16 Since Inception 11.77 11.54 6.63 11,386 11,360 10,778 HDFC HIGH INTEREST FUND -
DYNAMIC PLAN
NAV as on July 31, 2017 ` 60.8715
HDFC FMP 1153D April 2016 (1) Scheme Benchmark Additional
NAV as on July 31, 2017 ` 11.4538 (%) (%)# Returns
(%) ## (`) (`)# Benchmark
(%) ## (`) (`)# Benchmark Jul 31, 14 Last 3 Years 11.65 11.00 11.15 13,924 13,680 13,734
(`)## Jan 01, 13 Since Inception 10.54 9.57 8.24 15,822 15,198 14,374
Jul 29, 16 Last 1 Year 11.14 9.94 6.42 11,120 11,000 10,646 # crisil Composite Bond Fund Index ## Crisil 10 year Gilt Index.
HDFC REGULAR SAVINGS FUND NAV as on July 31, 2017 ` 33.9471
HDFC FMP 1113D June 2016 (1) NAV as on July 31, 2017 ` 11.1030 (%) (%)# Returns Scheme Benchmark Additional
(%) ## (`) (`)# Benchmark
(%) ## (`) (`)# Benchmark Jul 31, 14 Last 3 Years 10.30 9.14 7.54 13,424 13,004 12,441
(`)##
Jul 29, 16 Last 1 Year 8.90 9.94 6.42 10,895 11,000 10,646 # crisil Short Term Bond Fund Index ## CRISIL 1 year T-Bill Index.
more than 1 year but less than 3 years. The scheme is managed by Mr. Anupam Joshi since inception. HDFC SHORT
TERM OPPORTUNITIES FUND
NAV as on July 31, 2017 ` 18.6040
HDFC FMP 1127D June 2016 (1) NAV as on July 31, 2017 ` 11.0661 Date Period Scheme Benchmark Additional Value of ` 10,000 invested
(%) ## (`) (`)# Benchmark
(`)## Jul 29, 16 Last 1 Year 8.34 8.37 6.42 10,839 10,842 10,646
Jun 21, 16 Since Inception 9.56 11.81 6.59 11,066 11,319 10,734 Jan 01, 13 Since Inception 9.17 9.09 7.27 14,946 14,894 13,794
# Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for # Crisil Short Term Bond Fund Index ## Crisil 1 year T-Bill Index.

HDFC GILT FUND - SHORT TERM PLAN NAV as on July 31, 2017 ` 28.3682
HDFC FMP 1128D June 2016 (1) NAV as on July 31, 2017 ` 11.2852 Date Period Scheme Benchmark Additional Value of ` 10,000 invested
(%) (%)# Returns Scheme Benchmark Additional (%) ## (`) (`)# Benchmark
(%) ## (`) (`)# Benchmark (`)##
(`)## Jul 29, 16 Last 1 Year 8.46 7.85 6.42 10,851 10,789 10,646
Jun 29, 16 Since Inception 11.76 11.55 6.55 11,285 11,263 10,715 Jan 01, 13 Since Inception 9.05 8.44 7.27 14,871 14,495 13,794
# Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for # I-Sec Si-Bex ## Crisil 1 year T-Bill Index.

HDFC GILT FUND - LONG TERM PLAN NAV as on July 31, 2017 ` 35.8433 HDFC FMP 370D JULY 2013 (3) NAV as on July 31, 2017 ` 14.0190
(`)## (`)##
Jan 01, 13 Since Inception 10.19 10.36 8.24 15,598 15,711 14,374 Jul 31, 13 Since Inception 8.81 9.53 7.79 14,019 14,394 13,500
# I-Sec Li-Bex ## Crisil 10 year Gilt Index. # Crisil Short Term Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for
HDFC CASH MANAGEMENT FUND -
SAVINGS PLAN HDFC FMP 370D AUGUST 2013 (1) NAV as on July 31, 2017 ` 14.0215
NAV as on July 31, 2017 ` 3,470.5092
Scheme Benchmark Additional (%) (%)# Returns Scheme Benchmark Additional
(%) (%)# Returns (%) ## (`) (`)# Benchmark
(%) ## (`) (`)# Benchmark (`)##
(`)##
Jul 29, 16 Last 1 Year 7.37 8.37 6.42 10,741 10,842 10,646
Jul 24, 17 Last 7 days 0.12 0.12 0.11 10,012 10,012 10,011
Jul 31, 14 Last 3 Years 8.50 9.14 7.54 12,776 13,004 12,441
Jul 16, 17 Last 15 days 0.26 0.28 0.27 10,026 10,028 10,027
Jun 30, 17 Last 1 Month 0.56 0.57 0.56 10,056 10,057 10,056
Jul 31, 16 Last 1 Year 6.86 6.79 6.42 10,686 10,679 10,642 more than 1 year but less than 5 years. The scheme is managed by Mr. Anil Bamboli since inception.
Jul 31, 14 Last 3 Years 7.92 7.78 7.54 12,573 12,522 12,441
HDFC FMP 370D AUGUST 2013 (2) NAV as on July 31, 2017 ` 14.0682
# Crisil Liquid Fund Index ## Crisil 1 year T-Bill Index.
HDFC CASH MANAGEMENT FUND - (%) (%)# Returns Scheme Benchmark Additional
CALL PLAN (%) ## (`) (`)# Benchmark
NAV as on July 31, 2017 ` 2,555.7036 (`)##
Date Period Scheme Benchmark Additional Value of ` 10,000 invested Jul 29, 16 Last 1 Year 7.37 8.37 6.42 10,741 10,842 10,646
Returns Returns Benchmark Jul 31, 14 Last 3 Years 8.53 9.14 7.54 12,787 13,004 12,441
(`) (`)# Benchmark Aug 14, 13 Since Inception 8.99 9.57 7.85 14,068 14,369 13,491
(%) ##
(`)## # Crisil Short Term Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for
Jul 24, 17 Last 7 days 0.12 0.12 0.11 10,012 10,012 10,011 more than 1 year but less than 5 years. The scheme is managed by Mr. Anil Bamboli since inception.
Jul 16, 17 Last 15 days 0.25 0.28 0.27 10,025 10,028 10,027
Jun 30, 17 Last 1 Month 0.51 0.57 0.56 10,051 10,057 10,056 HDFC FMP 370D AUGUST 2013 (3) NAV as on July 31, 2017 ` 14.0537
Dec 31, 12 Since Inception 7.37 8.27 7.28 13,856 14,391 13,800 (%) ## (`) (`)# Benchmark
# Crisil Liquid Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for more (`)##
than 1 year but less than 5 years. The scheme is managed by Mr. Anil Bamboli since inception. Jul 29, 16 Last 1 Year 7.38 8.37 6.42 10,742 10,842 10,646
Jul 31, 14 Last 3 Years 8.55 9.14 7.54 12,794 13,004 12,441

HDFC BANKING AND PSU DEBT FUND NAV as on July 31, 2017 ` 13.6813 Aug 22, 13 Since Inception 9.02 9.61 7.77 14,054 14,356 13,433
Returns Returns Benchmark more than 1 year but less than 5 years. The scheme is managed by Mr. Anil Bamboli since inception.
(%) ## (`) (`)# Benchmark
(`)## HDFC FMP 370D AUGUST 2013 (4) NAV as on July 31, 2017 ` 14.0359
# Crisil Short Term Bond Fund Index ## Crisil 1 year T-Bill Index. (`)##
Jul 29, 16 Last 1 Year 7.15 8.37 6.42 10,719 10,842 10,646
HDFC ANNUAL INTERVAL FUND - Jul 31, 14 Last 3 Years 8.48 9.14 7.54 12,769 13,004 12,441
SERIES I - PLAN A Aug 29, 13 Since Inception 9.03 9.72 7.83 14,036 14,390 13,440
NAV as on July 31, 2017 ` 14.3864 # Crisil Short Term Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for
Date Period Scheme Benchmark Additional Value of ` 10,000 invested more than 1 year but less than 5 years. The scheme is managed by Mr. Anil Bamboli since inception.
(%) ## (`) (`)# Benchmark HDFC FMP 370D SEPTEMBER 2013 (1) NAV as on July 31, 2017 ` 13.9786
(`)##
Jul 29, 16 Last 1 Year 6.67 8.37 6.42 10,671 10,842 10,646 Returns Returns Benchmark
Jul 31, 14 Last 3 Years 8.15 9.14 7.54 12,651 13,004 12,441 (%) (%)# Returns Scheme Benchmark Additional
(%) ## (`) (`)# Benchmark
Mar 06, 13 Since Inception 8.61 9.15 7.23 14,386 14,705 13,602 (`)##
# Crisil Short Term Bond Fund Index ## Crisil 1 year T-Bill Index. Scheme performance may
not strictly be comparable with that of its Additional Benchmark as the scheme can invest only in Jul 29, 16 Last 1 Year 7.06 8.37 6.42 10,711 10,842 10,646
instruments having maturity upto the opening of the immediately following specified transaction Jul 31, 14 Last 3 Years 8.46 9.14 7.54 12,760 13,004 12,441
period, which is at annual intervals. The Scheme is in existence for more than 1 year but less than Sep 05, 13 Since Inception 8.96 9.48 7.74 13,979 14,240 13,378
5 years. The scheme is managed by Mr. Anil Bamboli since inception.

HDFC FMP 370D SEPTEMBER 2013 (2) NAV as on July 31, 2017 ` 13.9225 HDFC FMP 1175D JANUARY 2014 (1) NAV as on July 31, 2017 ` 14.1057
(`)## (`)##
Sep 13, 13 Since Inception 8.90 9.48 7.73 13,923 14,214 13,354 Feb 05, 14 Since Inception 10.37 11.27 7.71 14,106 14,508 12,953
# Crisil Short Term Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is # Crisil Short Composite Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for
in existence for more than 1 year but less than 5 years. The scheme is managed by more than 1 year but less than 5 years. The scheme is managed by Mr. Anil Bamboli since inception.
Mr. Anil Bamboli since inception.


HDFC FMP 371D JULY 2013 (1) NAV as on July 31, 2017 ` 13.9905 Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark (`) (`)# Benchmark
(%) (%)# Returns Scheme Benchmark Additional (%) ##
(`) (`)# Benchmark (`)##
(%) ##
(`)## Jul 29, 16 Last 1 Year 8.24 8.37 6.42 10,828 10,842 10,646
Jul 31, 14 Last 3 Years 8.47 9.14 7.54 12,766 13,004 12,441 Mar 05, 14 Since Inception 8.93 9.35 7.70 13,383 13,563 12,876
Jul 24, 13 Since Inception 8.71 9.54 7.77 13,991 14,427 13,514 # Crisil Short Term Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for
HDFC FMP 793D FEBRUARY 2014 (1) NAV as on July 31, 2017 ` 13.7521

HDFC FMP 371D AUGUST 2013 (1) NAV as on July 31, 2017 ` 14.0320 Date Period Scheme Benchmark Additional Value of ` 10,000 invested
(%) ## (`) (`)# Benchmark
(`)## Jul 29, 16 Last 1 Year 8.10 8.37 6.42 10,814 10,842 10,646
Jul 31, 14 Last 3 Years 8.50 9.14 7.54 12,774 13,004 12,441 Feb 26, 14 Since Inception 9.74 9.37 7.69 13,752 13,593 12,892
Aug 07, 13 Since Inception 8.88 9.49 7.74 14,032 14,348 13,459 more than 1 year but less than 5 years. The scheme is managed by Mr. Anil Bamboli since inception.
HDFC FMP 1143D JULY 2013 (1) NAV as on July 31, 2017 ` 14.1418 Returns Returns Benchmark
(%) ## (`) (`)# Benchmark
(`)##
Jul 29, 16 Last 1 Year 7.36 9.94 6.42 10,740 11,000 10,646 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for
Jul 31, 14 Last 3 Years 8.42 11.00 7.54 12,746 13,680 12,441 more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
# Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for HDFC FMP 1099D AUGUST 2014 (1) NAV as on July 31, 2017 ` 12.8951
HDFC FMP 1846D AUGUST 2013 (1) NAV as on July 31, 2017 ` 14.5245 (`) (`)# Benchmark
(%) ##
(`) (`)# Benchmark Sep 05, 14 Since Inception 9.15 11.11 7.52 12,895 13,580 12,344
(%) ##
(`)## # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for
Jul 29, 16 Last 1 Year 7.74 9.94 6.42 10,778 11,000 10,646 more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
Jul 31, 14 Last 3 Years 9.16 11.00 7.54 13,009 13,680 12,441
# Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for Date Period Scheme Benchmark Additional Value of ` 10,000 invested
more than 1 year but less than 5 years. The scheme is managed by Mr. Anil Bamboli since inception. Returns Returns Benchmark
(%) ## (`) (`)# Benchmark
(`)##
Jul 29, 16 Last 1 Year 8.05 9.94 6.42 10,810 11,000 10,646
Returns Returns Benchmark Sep 19, 14 Since Inception 9.71 11.04 7.52 13,042 13,500 12,309
(%) (%)# Returns Scheme Benchmark Additional # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for
(%) ## (`) (`)# Benchmark more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.
(`)##
Jul 29, 16 Last 1 Year 8.30 9.94 6.42 10,835 11,000 10,646
Jul 31, 14 Last 3 Years 9.88 11.00 7.54 13,271 13,680 12,441
Sep 04, 13 Since Inception 10.40 11.00 7.74 14,720 15,032 13,381 Returns Returns Benchmark
# Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for (%) (%)# Returns Scheme Benchmark Additional
more than 1 year but less than 5 years. The scheme is managed by Mr. Anil Bamboli since inception. (%) ## (`) (`)# Benchmark
(`)##
Jul 29, 16 Last 1 Year 7.64 9.94 6.42 10,768 11,000 10,646

HDFC FMP 1125D SEPTEMBER 2014 (1) NAV as on July 31, 2017 ` 12.7891 HDFC FMP 1134D July 2015 (1) NAV as on July 31, 2017 ` 11.9275
(`)## (`)##
Oct 10, 14 Since Inception 9.16 10.97 7.50 12,789 13,395 12,252 Jul 15, 15 Since Inception 8.99 10.79 7.02 11,928 12,334 11,490

HDFC FMP 1113D OCTOBER 2014 (1) NAV as on July 31, 2017 ` 12.6883 HDFC FMP 1126D July 2015 (1) NAV as on July 31, 2017 ` 11.9046
(`)## (`)##
Oct 22, 14 Since Inception 8.96 10.78 7.46 12,688 13,287 12,209 Jul 23, 15 Since Inception 8.99 10.76 7.02 11,905 12,299 11,473

HDFC FMP 1107D OCTOBER 2014 (1) NAV as on July 31, 2017 ` 12.5836 HDFC FMP 1141D July 2015 (1) NAV as on July 31, 2017 ` 11.8506
(`) (`)# Benchmark
(%) ## (`) (`)# Benchmark (%) ##
(`)## (`)##
Nov 11, 14 Since Inception 8.81 10.42 7.42 12,584 13,094 12,148 Aug 06, 15 Since Inception 8.92 10.69 7.02 11,851 12,236 11,442

HDFC FMP 1113D NOVEMBER 2014 (1) NAV as on July 31, 2017 ` 12.5181 HDFC FMP 1108D September 2015 (1) NAV as on July 31, 2017 ` 11.7444
(%) ## (`)##
(`)##
Nov 26, 14 Since Inception 8.74 10.36 7.40 12,518 13,024 12,107 Sep 23, 15 Since Inception 9.06 10.74 6.96 11,744 12,082 11,329
# Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception.

HDFC FMP 1105D October 2015 (1) NAV as on July 31, 2017 ` 11.6306
HDFC FMP 1111D NOVEMBER 2014 (1) NAV as on July 31, 2017 ` 12.4560
(%) ## (`) (`)# Benchmark (`)##
(`)##
Jul 29, 16 Last 1 Year 8.68 9.94 6.42 10,873 11,000 10,646
Jul 29, 16 Last 1 Year 8.13 9.94 6.42 10,817 11,000 10,646

HDFC FMP 1111D November 2015 (1) NAV as on July 31, 2017 ` 11.5360
HDFC FMP 1107D DECEMBER 2014 (1) NAV as on July 31, 2017 ` 12.3856
(%) ## (`) (`)# Benchmark (`)##
(`)##
Jul 29, 16 Last 1 Year 8.60 9.94 6.42 10,865 11,000 10,646
Jul 29, 16 Last 1 Year 7.89 9.94 6.42 10,793 11,000 10,646 Dec 03, 15 Since Inception 8.99 10.70 6.77 11,536 11,838 11,148
Jan 06, 15 Since Inception 8.69 10.25 7.34 12,386 12,846 11,995 # Crisil Composite Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for
more than 1 year but less than 3 years. The scheme is managed by Mr. Anil Bamboli since inception. Performance of FMP schemes, being close-ended in nature, is not strictly comparable
with that of open-ended schemes since the investment strategy for FMP schemes is

HDFC FMP 1115D JANUARY 2015 (1) NAV as on July 31, 2017 ` 12.3250 primarily buy-and-hold whereas open-ended schemes are actively managed.
(%) ## (`) (`)# Benchmark
(`)##
Jul 29, 16 Last 1 Year 7.87 9.94 6.42 10,792 11,000 10,646
VINAY KULKARNI & ANIL BAMBOLI....CONTINUED

MITEN LATHIA HDFC CPO - III - 1173D JANUARY 2015 NAV as on July 31, 2017 ` 11.6405
HDFC CAPITAL BUILDER FUND NAV as on July 31, 2017 ` 276.231 Returns Returns Benchmark
(%) ## (`) (`)# Benchmark
(`)## Feb 12, 15 Since Inception 6.35 9.49 7.30 11,641 12,505 11,897
Jul 29, 16 Last 1 Year 24.13 19.84 16.56 12,428 11,996 11,665 # Crisil Short Term Bond Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence for
Jul 31, 14 Last 3 Years 17.64 12.38 9.27 16,286 14,195 13,051 Performance of close-ended Scheme is not strictly comparable with that of open-ended schemes
Jan 01, 13 Since Inception 20.46 14.20 12.19 23,464 18,372 16,934 since the investment strategy for close-ended schemes is primarily buy and hold whereas open
# NIFTY 500 Index ## NIFTY 50 Index. ended schemes are actively managed.
CO-MANAGED BY CO-MANAGED BY
PRASHANT JAIN & SHOBHIT MEHROTRA ANIL BAMBOLI & MITEN LATHIA
HDFC DYNAMIC
HDFC MF MIP LONG TERM PLAN NAV as on July 31, 2017 ` 44.7229 PE RATIO FUND OF FUNDS
Date Period Scheme Benchmark Additional Value of ` 10,000 invested NAV as on July 31, 2017 ` 18.3090
(%) ## (`) (`)# Benchmark
Jul 29, 16 Last 1 Year 13.79 11.00 9.83 11,387 11,106 10,989 (`)##
Jan 01, 13 Since Inception 12.13 10.10 8.24 16,893 15,540 14,374 Jul 31, 14 Last 3 Years 14.99 10.11 9.27 15,212 13,355 13,051
# CRISIL MIP Blended Index ## CRISIL 10 year Gilt Index. Scheme performance may not strictly Jan 01, 13 Since Inception 12.03 11.52 12.19 16,827 16,481 16,934
be comparable with that of its Additional Benchmark in view of hybrid nature of the scheme where # crisil Balanced Fund - Aggressive Index ## NIFTY 50 Index. Scheme performance may not
a portion of scheme’s investments are made in equity instruments. 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. The scheme is managed
by Mr. Anil Bamboli & Miten Lathia since June 27, 2014.
CO-MANAGED BY
VINAY KULKARNI & SHOBHIT MEHROTRA CO-MANAGED BY
CHIRAG SETALVAD & ANIL BAMBOLI
HDFC MF MIP SHORT TERM PLAN NAV as on July 31, 2017 ` 30.9523
Date Period Scheme Benchmark Additional Value of ` 10,000 invested HDFC MULTIPLE
Returns Returns Benchmark YIELD FUND - PLAN 2005
(`) (`)# Benchmark
NAV as on July 31, 2017 ` 30.7818
(%) ## Date Period Scheme Benchmark Additional Value of ` 10,000 invested
(`)##
Jul 31, 14 Last 3 Years 10.11 10.87 11.15 13,354 13,634 13,734 (%) ## (`) (`)# Benchmark
(`)##
Jul 29, 16 Last 1 Year 11.05 11.00 6.42 11,112 11,106 10,646
# CRISIL MIP Blended Index ## CRISIL 10 year Gilt Index. Scheme performance may not strictly
be comparable with that of its Additional Benchmark in view of hybrid nature of the scheme where Jul 31, 14 Last 3 Years 9.69 10.87 7.54 13,202 13,634 12,441
a portion of scheme’s investments are made in equity instruments. Jan 01, 13 Since Inception 10.92 10.10 7.27 16,075 15,540 13,794
# crisil MIP Blended Index ## Crisil 1 year T-Bill Index. Scheme performance may not strictly
CO-MANAGED BY 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.
VINAY KULKARNI & ANIL BAMBOLI
CO-MANAGED BY VINAY KULKARNI,

HDFC CPO-III-1207D DECEMBER 2014 NAV as on July 31, 2017 ` 11.7876 KRISHAN KUMAR DAGA & ANIL BAMBOLI
Returns Returns Benchmark HDFC EQUITY SAVINGS FUND NAV as on July 31, 2017 ` 35.1540
(%) ## (`) (`)# Benchmark Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Jul 29, 16 Last 1 Year 7.12 11.00 6.42 10,716 11,106 10,646 (`) (`)# Benchmark
(%) ##
Dec 23, 14 Since Inception 6.52 10.01 7.38 11,788 12,820 12,040 (`)##
# crisil mip Blended Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more Jul 29, 16 Last 1 Year 19.02 13.15 9.83 11,913 11,323 10,989
than 1 year but less than 3 years. The scheme is managed by Mr. Vinay Kulkarni & Anil Bamboli
since inception. Jul 31, 14 Last 3 Years 12.03 8.85 11.15 14,064 12,901 13,734
# 40% NIFTY 50 Arbitrage Index, 30% Crisil Short Term Bond Fund Index and 30% NIFTY 50 Index
HDFC CPO-III-1100D OCTOBER 2014 NAV as on July 31, 2017 ` 11.9948 ## CRISIL 10 year Gilt Index. Scheme performance may not strictly be comparable with that of its
Date Period Scheme Benchmark Additional Value of ` 10,000 invested Additional Benchmark, since a portion of scheme’s investments are made in equity instruments.
(%) ## (`) (`)# Benchmark
(`)##
Jul 29, 16 Last 1 Year 7.14 11.00 6.42 10,718 11,106 10,646
# crisil mip Blended Index ## CRISIL 1 year T-Bill Index. The Scheme is in existence for more
than 1 year but less than 3 years. The scheme is managed by Mr. Vinay Kulkarni & Anil Bamboli
since inception.
CO-MANAGED BY CO-MANAGED BY
KRISHAN KUMAR DAGA & ANIL BAMBOLI CHIRAG SETALVAD & SHOBHIT MEHROTRA

HDFC DAF - II - 1160D JANUARY 2016 NAV as on July 31, 2017 ` 11.6534 HDFC Retirement
Savings Fund - Equity plan
(%) ## (`) (`)# Benchmark
Jul 29, 16 Last 1 Year 9.33 10.49 6.42 10,938 11,055 10,646 (`)##
Feb 04, 16 Since Inception 10.83 12.72 6.81 11,653 11,950 11,030 Jul 29, 16 Last 1 Year 28.18 19.84 16.56 12,836 11,996 11,665
# CRISIL Debt Hybrid 75+25 Fund Index ## Crisil 1 year T-Bill Index. The Scheme is in existence Feb 25, 16 Since Inception 41.65 33.51 29.40 16,454 15,118 14,457
& Anil Bamboli since inception. # Nifty 500 ## Nifty 50.
HDFC Retirement
HDFC DAF - II - 1099D MARCH 2016 NAV as on July 31, 2017 ` 11.3271 Savings Fund - Hybrid Equity plan
(%) ## (`) (`)# Benchmark
(%) ## (`) (`)# Benchmark
Jul 29, 16 Last 1 Year 9.20 10.49 6.42 10,925 11,055 10,646 (`)##
Apr 12, 16 Since Inception 10.05 12.30 6.60 11,327 11,629 10,868 Jul 29, 16 Last 1 Year 26.15 14.36 16.56 12,631 11,445 11,665
for more than 1 year but less than 3 years. The scheme is co-managed by Mr. Krishan Kumar Daga # Crisil Balanced Fund - Aggressive ## Nifty 50.
& Anil Bamboli since inception.

HDFC DAF - II - 1111D April 2016 HDFC Retirement
NAV as on July 31, 2017 ` 11.2942 Savings Fund - Hybrid Debt plan
(`)## (%) ## (`) (`)# Benchmark
Jul 29, 16 Last 1 Year 9.32 10.49 6.42 10,938 11,055 10,646 (`)##
May 12, 16 Since Inception 10.50 12.24 6.62 11,294 11,511 10,813 Jul 29, 16 Last 1 Year 15.08 11.00 9.83 11,516 11,106 10,989
for more than 1 year but less than 3 years. The scheme is co-managed by Mr. Krishan Kumar Daga # Crisil MIP Blended Index ## Crisil 10 Year Gilt Index.
& Anil Bamboli since inception.
PERFORMANCE OF CATEGORY I - FPI PORTFOLIO (MANAGED BY PRASHANT JAIN)

Returns (%)
Managing (As on July 31, 2017)
Portfolio Since
Last 1 year (%) Last 3 years (%) Last 5 years (%)
Category I - FPI Portfolio
(managed under a bilateral agreement under March 23, 2016 20.20 N.A. N.A.
Regulation 24(b) and subject to applicable laws)
Benchmark- MSCI India (Total Returns) 15.02 N.A. N.A.
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualised (CAGR). Inception date is March 23, 2016. The
performance is not comparable with the performance of the aforementioned scheme(s) of HDFC Mutual Fund due to differing investment objective/s and fundamental differences in asset
allocation, investment strategy and the regulatory environment. The said disclosure is pursuant to SEBI Circular no. Cir/IMD/DF/7/2012 dated February 28, 2012 pertaining to Regulation
24(b) of SEBI (Mutual Funds) Regulations, 1996. FPI - Foreign Portfolio Investor.

Dividend History ^
HDFC Growth Fund (Past 3 years) Dividend Option HDFC Large Cap Fund (Past 3 years) Dividend Option
Record Date Regular Plan Direct Plan Record Date Regular Plan Direct Plan
Cum Div Dividend per Unit (`) For Cum Div Dividend per Unit (`) For Cum Div Dividend per Unit (`) For Cum Div Dividend per Unit (`) For
NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others
Feb 12, 15 33.959 3.50 3.50 34.313 3.50 3.50 Feb 26, 15 25.817 2.50 2.50 26.048 2.50 2.50
Feb 18, 16 25.839 2.50 2.50 26.276 2.50 2.50 Feb 18, 16 - - - 19.186 1.75 1.75
Feb 23, 17 31.704 3.00 3.00 32.506 3.00 3.00 Feb 23, 17 22.342 2.25 2.25 24.880 2.25 2.25
HDFC Equity Fund (Past 3 years) Dividend Option HDFC Mid-Cap Opportunities Fund (Past 3 years) Dividend Option
Mar 19, 15 59.842 5.50 5.50 60.828 5.50 5.50 Mar 24, 15 27.636 2.00 2.00 31.131 2.25 2.25
Mar 17, 16 45.848 4.50 4.50 47.059 4.50 4.50 Mar 23, 16 25.133 1.50 1.50 28.582 1.50 1.50
Mar 23, 17 54.903 5.00 5.00 56.993 5.00 5.00 Mar 23, 17 31.806 2.25 2.25 36.789 2.25 2.25
HDFC Small Cap Fund (Past 3 years) Dividend Option

HDFC Top 200 Fund (Past 3 years) Dividend Option
Record Date Regular Plan Direct Plan
Cum Div Dividend per Unit (`) For Cum Div Dividend per Unit (`) For
NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others
Feb 19, 15 22.769 2.00 2.00 23.165 2.00 2.00
Mar 05, 15 58.076 5.00 5.00 58.852 5.00 5.00
Feb 25, 16 17.986 2.00 2.00 18.565 1.99 1.99
Mar 03, 16 43.228 3.50 3.50 44.146 3.50 3.50
Mar 01, 17 22.892 2.00 2.00 24.040 2.00 2.00
Mar 09, 17 52.759 4.50 4.50 54.388 4.50 4.50
HDFC Balanced Fund (Past 3 quarters) Dividend Option
HDFC Capital Builder Fund (Past 3 years) Dividend Option
Cum Div Dividend per Unit (`) For Cum Div Dividend per Unit (`) For NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others
Dec 26, 16 26.950 0.500 0.500 29.053 0.500 0.500
Feb 19, 15 31.424 3.00 3.00 31.766 3.00 3.00 Mar 27, 17 29.382 0.500 0.500 31.801 0.500 0.500
Feb 25, 16 23.429 2.75 2.75 23.920 2.75 2.75 Jun 27, 17 30.706 0.500 0.500 33.370 0.500 0.500
Mar 01, 17 28.767 3.00 3.00 29.796 3.00 3.00
HDFC Prudence Fund (Past 3 months) Dividend Option
HDFC Core & Satellite Fund (Past 3 years) Dividend Option Record Date Regular Plan Direct Plan
Record Date Regular Plan Direct Plan Cum Div Dividend per Unit (`) For Cum Div Dividend per Unit (`) For
May 25, 17 31.713 0.300 0.300 36.661 0.300 0.300
Feb 19, 15 22.392 2.00 2.00 22.738 2.00 2.00 Jun 27, 17 31.386 0.300 0.300 36.371 0.300 0.300
Feb 25, 16 16.580 2.00 2.00 16.988 2.00 2.00 Jul 25, 17 32.616 0.300 0.300 37.883 0.300 0.300
Mar 01, 17 20.219 2.00 2.00 21.216 2.00 2.00
HDFC Long Term Advantage Fund (Past 3 years) Dividend Option
(An open-ended equity linked savings scheme with a lock-in period of 3 years)
HDFC Premier Multi-Cap Fund (Past 3 years) Dividend Option
Feb 05, 15 43.781 4.00 4.00 44.279 4.00 4.00
Feb 05, 15 16.770 1.50 1.50 16.981 1.50 1.50
Feb 11, 16 33.317 3.50 3.50 33.909 2.99 2.99
Feb 11, 16 11.626 1.25 1.25 11.858 1.25 1.25
Feb 16, 17 41.265 3.75 3.75 43.089 3.75 3.75
Feb 16, 17 14.330 1.50 1.50 14.737 1.50 1.50
HDFC TaxSaver (Past 3 years) Dividend Option
HDFC Arbitrage Fund (An open-ended equity linked savings scheme with a lock-in period of 3 years)
Normal Dividend Option (Past 3 months )
Record Date Wholesale Plan Direct Plan
Mar 12, 15 73.673 7.00 7.00 74.679 7.00 7.00
May 22, 17 10.544 0.050 0.050 10.783 0.050 0.050
Mar 10, 16 53.821 6.00 6.00 54.911 6.00 6.00
Jun 27, 17 10.544 0.050 0.050 10.789 0.050 0.050
Mar 16, 17 66.383 6.50 6.50 68.370 6.50 6.50
Jul 24, 17 10.546 0.050 0.050 10.796 0.050 0.050
Monthly Dividend Option (Past 3 months ) HDFC Infrastructure Fund (Past 3 years) Dividend Option
Record Date Wholesale Plan Wholesale Plan - Direct Plan Record Date Regular Plan Direct Plan
May 22, 17 10.921 0.050 0.050 10.533 0.050 0.050 Mar 05, 15 17.557 1.500 1.500 - - -
Jun 27, 17 10.923 0.050 0.050 10.538 0.050 0.050 Mar 17, 16 12.129 1.000 1.000 - - -
Jul 24, 17 10.927 0.050 0.050 10.544 0.050 0.050 Mar 23, 17 14.388 1.500 1.500 17.736 1.500 1.500
^ Past performance may or may not be sustained in the future. There is no assurance or guarantee to Unit holders as to rate/quantum of dividend distribution nor that the dividends will be paid
regularly. All dividends are on face value of ` 10 per Unit. After payment of the dividend, the per Unit NAV falls to the extent of the payout and statutory levy, if any.
Please log on to www.hdfcfund.com for Record Date-wise listing of dividends declared.

Dividend History ^
HDFC MF Monthly Income Plan (MIP) (An open-ended income scheme. Monthly HDFC High Interest Fund - Dynamic Plan
income is not assured and is subject to availability of distributable surplus) Half-yearly (Dividend Option) (Past 2 years)
Short Term Plan (Dividend Option) - Monthly Dividend Option (Past 3 months)
Record Date Regular Plan Direct Plan Cum Div Dividend per Unit (`) For Cum Div Dividend per Unit (`) For
NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others Mar 28, 16 11.6403 0.2000 0.1853 11.3264 0.2000 0.1853
May 25, 17 11.5561 0.0700 0.0648 12.2491 0.0700 0.0648 Sep 26, 16 12.4286 0.5500 0.5096 13.2283 0.5500 0.5096
Jun 27, 17 11.5616 0.0700 0.0648 12.2732 0.0500 0.0463 Mar 27, 17 11.8514 0.3000 0.2779 12.7027 0.3000 0.2779
Jul 25, 17 11.6483 0.0700 0.0648 - - - Yearly (Dividend Option) (Past 3 years)
Quarterly Dividend Option (Past 3 quarters)
Record Date Regular Plan Direct Plan NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others
Cum Div Dividend per Unit (`) For Cum Div Dividend per Unit (`) For Mar 25, 15 13.5259 0.9000 0.8346 13.7872 0.9000 0.8346
NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others Mar 28, 16 13.0240 0.4000 0.3706 13.4221 0.4500 0.4169
Dec 26, 16 11.8592 0.2100 0.1946 12.2419 0.2100 0.1946 Mar 27, 17 13.8526 0.8500 0.7875 14.3149 0.8500 0.7875
Mar 27, 17 12.0571 0.2100 0.1946 12.4901 0.2100 0.1946
Jun 27, 17 12.1543 0.2100 0.1946 12.6366 0.2100 0.1946 HDFC High Interest Fund - Short Term Plan
Normal Dividend Option (Past 3 months)
HDFC MF Monthly Income Plan (MIP) (An open-ended income scheme. Monthly
income is not assured and is subject to availability of distributable surplus)
Long Term Plan (Dividend Option) - Monthly Dividend Option (Past 3 months) May 11, 17 - - - 10.6307 0.0150 0.0139
Record Date Regular Plan Direct Plan May 25, 17 - - - 10.6651 0.0398 0.0369
Cum Div Dividend per Unit (`) For Cum Div Dividend per Unit (`) For Jun 12, 17 - - - 10.6935 0.0603 0.0559
NAV (`) Individuals & HUF Others NAV (`) Individuals & HUF Others Jul 10, 17 - - - 10.6603 0.0363 0.0337
May 25, 17 14.6806 0.0800 0.0741 15.0591 0.0800 0.0741
Jun 27, 17 14.7582 0.0800 0.0741 15.1497 0.0800 0.0741 HDFC Regular Savings Fund
Jul 25, 17 14.9256 0.0800 0.0741 15.3316 0.0800 0.0741 Monthly Dividend Option (Past 3 months)
May 25, 17 10.4260 0.0451 0.0418 10.3979 0.0490 0.0454
Jun 27, 17 10.4491 0.0618 0.0573 10.4218 0.0663 0.0614
Dec 26, 16 14.9727 0.2400 0.2224 15.3076 0.2400 0.2224
Jul 25, 17 10.4353 0.0519 0.0480 10.4072 0.0558 0.0517
Mar 27, 17 15.2334 0.2400 0.2224 15.6047 0.2400 0.2224
Jun 27, 17 15.5453 0.2400 0.2224 15.9559 0.2400 0.2224
HDFC Medium Term Opportunities Fund
HDFC Equity Savings Fund (Past 3 quarters) Dividend Option
Dec 26, 16 10.4885 0.1494 0.1384 10.5665 0.1527 0.1415
Dec 26, 16 11.1970 0.2500 0.2500 11.5180 0.2500 0.2500
Mar 27, 17 10.4420 0.1592 0.1475 10.5178 0.1610 0.1492
Mar 27, 17 11.8030 0.2500 0.2500 12.1960 0.2500 0.2500
Jun 27, 17 10.4732 0.1415 0.1311 10.5498 0.1661 0.1539
Jun 27, 17 11.9210 0.2500 0.2500 12.3720 0.2500 0.2500
HDFC Gilt Fund
HDFC Multiple Yield Fund - Plan 2005 (Past 3 years) Dividend Option
Short Term Plan (Dividend Option) (Past 3 quarters)
Feb 12, 15 12.7502 0.0871 0.8078 13.3081 0.0871 0.8078
Dec 26, 16 11.5398 0.2000 0.1853 11.6983 0.2000 0.1853
Mar 03, 16 11.9008 0.7223 0.6692 12.5570 0.7223 0.6692
Mar 27, 17 11.3900 0.1000 0.0926 11.5576 0.1000 0.0926
Mar 09, 17 12.3216 0.7945 0.7361 13.1369 0.7945 0.7361
Jun 27, 17 11.4981 0.1500 0.1390 11.6765 0.1500 0.1390
HDFC Income Fund (Past 3 quarters) Quarterly Dividend Option Long Term Plan (Dividend Option) (Past 3 quarters)
Dec 26, 16 11.5668 0.2000 0.1853 11.9864 0.2000 0.1853 Dec 26, 16 11.5925 0.2000 0.1853 11.8180 0.2000 0.1853
Mar 27, 17 11.2246 0.1000 0.0926 11.6671 0.1000 0.0926 Mar 27, 17 11.2405 0.1000 0.0926 11.4767 0.1000 0.0926
Jun 27, 17 11.4954 0.2500 0.2316 11.9754 0.2500 0.2316 Jun 27, 17 11.5503 0.2500 0.2316 11.8079 0.2500 0.2316
HDFC High Interest Fund - Dynamic Plan HDFC Liquid Fund

Quarterly Dividend Option (Past 3 quarters) Monthly Dividend Option (Past 3 months)
Record Date Regular Plan Direct Plan Record Regular Plan Direct Plan
Cum Div Dividend per Unit (`) For Cum Div Dividend per Unit (`) For Date Cum Div Dividend per Unit (`) For Cum Div Dividend per Unit (`) For
Dec 26, 16 12.3745 0.2000 0.1853 12.7711 0.2000 0.1853 May 29, 17 1032.5438 4.5097 4.1781 1032.6431 4.5814 4.2446
Mar 27, 17 12.1066 0.1000 0.0926 12.5222 0.1000 0.0926 Jun 27, 17 1031.4656 3.7309 3.4566 1031.5476 3.7902 3.5115
Jun 27, 17 12.3689 0.2500 0.2316 12.8207 0.2500 0.2316 Jul 31, 17 1032.4175 4.4185 4.0936 1032.5090 4.4845 4.1548
^ Past performance may or may not be sustained in the future. There is no assurance or guarantee to Unit holders as to rate/quantum of dividend distribution nor that the dividends will be paid
regularly. All dividends are on face value of ` 10 per Unit. After payment of the dividend, the per Unit NAV falls to the extent of the payout and statutory levy, if any.
Please log on to www.hdfcfund.com for Record Date-wise listing of dividends declared.

Dividend History ^
HDFC Floating Rate Income Fund - Short Term Plan HDFC Corporate Debt Opportunities Fund
Monthly Dividend Option (Past 3 months) Half-yearly Dividend Option (Past 2 years)
Record Date Wholesale Option Wholesale Option - Direct Plan Record Date Regular Plan Direct Plan
May 29, 17 10.2113 0.0485 0.0450 10.2123 0.0493 0.0456
Mar 28, 16 10.7078 0.1560 0.1445 10.7651 0.1560 0.1445
Jun 27, 17 - - - 10.2112 0.0485 0.0449
Sep 26, 16 11.1534 0.4842 0.4486 11.2653 0.5649 0.5234
Jul 31, 17 10.2222 0.0564 0.0523 10.2236 0.0574 0.0532
Mar 27, 17 10.9005 0.3051 0.2827 10.9506 0.3412 0.3161
Record Date Retail Option
^ Past performance may or may not be sustained in the future.
Cum Div Dividend per Unit (`) For
There is no assurance or guarantee to Unit holders as to rate/quantum of dividend distribution nor
NAV (`) Individuals & HUF Others
that the dividends will be paid regularly.
May 29, 17 10.2094 0.0472 0.0437 All dividends are on face value of ` 10 per Unit. After payment of the dividend, the per Unit NAV
Jun 27, 17 10.2085 0.0465 0.0431 falls to the extent of the payout and statutory levy, if any.
Jul 31, 17 10.2202 0.0550 0.0509 Please log on to www.hdfcfund.com for Record Date-wise listing of dividends declared
HDFC Cash Management Fund - Treasury Advantage Plan

Monthly Dividend Option (Past 3 months)
Record Date Retail Option Retail Option - Direct Plan
May 29, 17 10.2047 0.0467 0.0433 10.2138 0.0515 0.0477
Jun 27, 17 10.2068 0.0482 0.0447 10.2146 0.0521 0.0482
Jul 31, 17 10.2167 0.0554 0.0513 10.2253 0.0598 0.0554
Record Date Wholesale Option
Cum Div Dividend per Unit (`) For
NAV (`) Individuals & HUF Others
May 29, 17 10.2308 0.0511 0.0474
Jun 27, 17 10.2318 0.0519 0.0480
Jul 31, 17 10.2425 0.0596 0.0552
Disclaimer: The information contained herein should not be altered in any way, transmitted to, copied or distributed, in part or in whole, to any other person or to the media or reproduced in any form, without prior
written consent of HDFC Asset Management Company Limited (HDFC AMC) or the relevant owner of the intellectual property, as the case may be. All Intellectual property and intellectual property rights belong to
the relevant owner of the intellectual property, and “Intouch Mutually” is a trademark of HDFC AMC. Any information herein contained does not constitute and shall be deemed not to constitute an advice, an offer
to sell/ purchase or as an invitation or solicitation to do so for any securities of any entity, and further, HDFC AMC/its subsidiaries/affiliates/sponsors/trustee (HDFC AMC Group) or their officers, employees, personnel,
directors may be associated in a commercial, professional or personal capacity or may have a commercial interest including as proprietary traders in or with the securities and/ or companies or issues or matters as
contained in this publication and such commercial capacity or interest whether or not differing with or conflicting with this publication, shall not make or render (HDFC AMC Group) liable in any manner whatsoever
& (HDFC AMC Group) or any of their officers, employees, personnel, directors shall not be liable for any loss, damage, liability whatsoever for any direct or indirect loss arising from the use or access of any informa-
tion that may be displayed in this publication from time to time. Recipients of the information contained herein should exercise due care and caution and read the Scheme Information Document(s) and Statement
of Additional Information (including if necessary, obtaining the advice of tax/legal/accounting/financial/other professionals) prior to taking of any decision, acting or omitting to act, on the basis of the information
contained herein. The printing and mailing cost of this newsletter is charged to the respective schemes subject to Securities & Exchange Board of India (Mutual Funds) Regulations, 1996.
HDFC Sensex ETF, HDFC Index Fund - SENSEX Plan & SENSEX Plus Plan (“Schemes”) is based on the S&P BSE SENSEX Index. S&P® is a registered trademark of S&P Financial Services Limited (S&P). BSE® and SENSEX® are registered
trademarks of BSE Limited. The Schemes is not sponsored, endorsed marketed or promoted by S&P, BSE or their respective affiliates. Please refer to the Scheme Information Document for disclaimers w.r.t. S&P BSE SENSEX Index.
For HDFC Nifty ETF & HDFC Index Fund - NIFTY Plan: The Scheme of HDFC Mutual Fund (the “Product(s)”) are not sponsored, endorsed, sold or promoted by India Index Services & Products Limited (“IISL”). IISL does
not make any representation or warranty, express or implied, to the owners of the Product(s) or any member of the public regarding the advisability of investing in securities generally or in the Product(s) particularly
or the ability of the NIFTY Indices to track general stock market performance in India. The relationship of IISL with HDFC Asset Management Company Limited (“the Issuer/Licensee”) is only in respect of the licensing
of the Indices and certain trademarks and trade names associated with such Indices which is determined, composed and calculated by IISL without regard to the Issuer /Licensee or the Product(s). IISL does not have
any obligation to take the needs of the Issuer/Licensee or the owners of the Product(s) into consideration in determining, composing or calculating the NIFTY Indices. IISL is not responsible for or has participated in
the determination of the timing 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. IISL has no obligation
or liability in connection with the administration, marketing or trading of the Product(s).
IISL is engaged in the business of developing, constructing, compiling, computing and maintaining various equity indices. The relationship of IISL to HDFC AMC is only in respect of the rights granted to use certain
trademarks and trade names of the Index in connection with the utilisation of the Index data relating to such Index. The Index is determined, composed and calculated by IISL without regard to HDFC AMC. IISL has
no obligation to take the needs of HDFC AMC into consideration in determining, composing or calculating the NIFTY Indices.
IISL do not guarantee the accuracy and/or the completeness of NIFTY Indices or any data included therein and they shall have no liability for any errors, omissions, or interruptions therein. IISL make no warranty, express or
implied, as to results to be obtained by HDFC AMC or any other person or entity from the use of NIFTY Indices or any data included therein. IISL make no express or implied warranties, and expressly disclaim all warranties of
merchantability or fitness for a particular purpose or use with respect to the Index or any data included therein. Without limiting any of the foregoing, IISL expressly disclaim any and all liability for any damages or losses aris-
ing out of the use of NIFTY Indices or any data included therein by any third party, including any and all direct, special, punitive, indirect, or consequential damages (including lost profits), even if notified of the possibility of
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l PlanS & Options

l Minimum Application Amount

Total Expense Ratio (Weighted Average for the month)

l #BENCHMARK INDEX: I-Sec Si-Bex

l PlanS & Options

l Minimum Application Amount

G-Sec, SDL, T-bills 90.13 Sovereign 90.13

This product is suitable for investors who are seeking ~

Total Expense Ratio (Weighted Average for the month)

l #BENCHMARK INDEX: I-Sec Li-Bex

l PlanS & Options

l Minimum Application Amount

G-Sec, SDL 93.49 Sovereign 93.49

This product is suitable for investors who are seeking ~

Performance^ - Regular Plan - Growth Option

Performance^ - Regular Plan - Growth Option

l PlanS & Options

l Minimum Application Amount

Intouch mutually July 2017 51

HDFC CPO - III - NAV as on July 31, 2017 ` 11.4978

SRINIVAS RAO RAVURI HDFC FLOATING RATE INCOME

HDFC FOCUSED HDFC CORPORATE

PERFORMANCE OF CATEGORY I - FPI PORTFOLIO (MANAGED BY PRASHANT JAIN)

Intouch mutually July 2017 69

HDFC Small Cap Fund (Past 3 years) Dividend Option

70 July 2017 Intouch mutually

HDFC High Interest Fund - Dynamic Plan HDFC Liquid Fund

Intouch mutually July 2017 71

HDFC Cash Management Fund - Treasury Advantage Plan

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