May 2016 - HDFC Mutual Fundhdfcfund.com/.../ArticleAttachments/HDFC_MF_factsheet_May_2016.pdf ·...

May 2016

2 May 2016 Intouch mutually

CONTENTS

pagE NO.MARKET REVIEW ............................................................................................................................................................................... 3HDFC GRoWTH FunD ........................................................................................................................................................................ 4HDFC EquITy FunD ........................................................................................................................................................................... 5HDFC Top 200 FunD ......................................................................................................................................................................... 6HDFC CApITAl BuIlDER FunD ........................................................................................................................................................... 7HDFC CoRE & SATEllITE FunD .......................................................................................................................................................... 8HDFC pREMIER MulTI-CAp FunD ...................................................................................................................................................... 9HDFC lARGE CAp FunD ..................................................................................................................................................................... 10HDFC MID-CAp oppoRTunITIES FunD .............................................................................................................................................. 11HDFC SMAll AnD MID-CAp FunD ..................................................................................................................................................... 12HDFC lonG TERM ADVAnTAGE FunD ............................................................................................................................................... 13HDFC TAxSAVER ................................................................................................................................................................................ 14HDFC InFRASTRuCTuRE FunD ........................................................................................................................................................... 15HDFC ARBITRAGE FunD..................................................................................................................................................................... 16HDFC InDEx FunD - SEnSEx plAn .................................................................................................................................................... 17HDFC InDEx FunD - nIFTy plAn ....................................................................................................................................................... 18HDFC InDEx FunD - SEnSEx pluS plAn ........................................................................................................................................... 19HDFC SEnSEx ETF .............................................................................................................................................................................. 20HDFC nIFTy ETF ................................................................................................................................................................................. 21HDFC BAlAnCED FunD ..................................................................................................................................................................... 22HDFC pRuDEnCE FunD ..................................................................................................................................................................... 23HDFC CHIlDREn’S GIFT FunD - InVESTMEnT plAn ........................................................................................................................... 24HDFC CHIlDREn’S GIFT FunD - SAVInGS plAn .................................................................................................................................. 25HDFC MF MonTHly InCoME plAn - SHoRT TERM plAn ................................................................................................................... 26HDFC MF MonTHly InCoME plAn - lonG TERM plAn .................................................................................................................... 27HDFC EquITy SAVInGS FunD ............................................................................................................................................................ 28HDFC MulTIplE yIElD FunD - plAn 2005 ......................................................................................................................................... 29HDFC InCoME FunD ......................................................................................................................................................................... 30HDFC HIGH InTEREST FunD - DynAMIC plAn ................................................................................................................................... 31HDFC HIGH InTEREST FunD - SHoRT TERM plAn .............................................................................................................................. 32HDFC SHoRT TERM plAn ................................................................................................................................................................... 33HDFC SHoRT TERM oppoRTunITIES FunD ........................................................................................................................................ 34HDFC MEDIuM TERM oppoRTunITIES FunD ..................................................................................................................................... 35HDFC GIlT FunD - SHoRT TERM plAn ............................................................................................................................................... 36HDFC GIlT FunD - lonG TERM plAn ................................................................................................................................................. 37HDFC FloATInG RATE InCoME FunD - SHoRT TERM plAn ............................................................................................................... 38HDFC FloATInG RATE InCoME FunD - lonG TERM plAn ................................................................................................................. 39HDFC lIquID FunD ........................................................................................................................................................................... 40HDFC CASH MAnAGEMEnT FunD - SAVInGS plAn ........................................................................................................................... 41HDFC CASH MAnAGEMEnT FunD - TREASuRy ADVAnTAGE plAn .................................................................................................... 42HDFC CoRpoRATE DEBT oppoRTunITIES FunD ................................................................................................................................. 43HDFC BAnKInG AnD pSu DEBT FunD ............................................................................................................................................... 44pERFoRMAnCE DETAIlS oF SCHEMES MAnAGED By RESpECTIVE FunD MAnAGERS ........................................................................ 45SCHEME pERFoRMAnCE SuMMARy - REGulAR plAnS .....................................................................................................................46-67SCHEME pERFoRMAnCE SuMMARy - DIRECT plAnS .........................................................................................................................68-96GloSSARy .......................................................................................................................................................................................... 97HoW To READ FACTSHEET ................................................................................................................................................................ 97DIVIDEnD HISToRy ............................................................................................................................................................................98-100DISClAIMER ...................................................................................................................................................................................... 100

Intouch mutually May 2016 3

Market Review - May 2016

Equity Market update

Performance of global equity markets was mixed during the month of May. The table below gives the details of the CY 2015 and CY 2016YTD performance of key global and domestic indices.

% Change in Indices Cy2015 Cy2016yTD

S&p BSE India Bankex (9.9) 4.1

S&p BSE India Capital Goods (8.5) 2.4

S&p BSE India FMCG 2.2 2.2

S&p BSE India Healthcare 15.3 (9.8)

S&p BSE India Metal (31.2) 7.5

S&p BSE India oil & Gas (3.4) (2.4)

S&p BSE India IT 4.3 4.7

S&p BSE Sensex (5.0) 2.1

nIFTy 50 (4.1) 2.7

nIFTy Midcap 100 6.5 (0.8)

% Change in Indices Cy2015 Cy2016yTD

Dow Jones Industrial Average (2.2) 2.1nASDAq 5.7 (1.2)FTSE (4.9) (0.2)DAx 9.6 (4.5)CAC 8.5 (2.8)nikkei 9.1 (9.5)Hang Seng (7.2) (5.0)KoSpI 2.4 1.1Shanghai 9.4 (17.6)MSCI Emerging Market Index (17.0) 1.7

Largecap indices S&P BSE SENSEX and Nifty 50 outperformed Nifty Midcap index by ~3%, highest since July 2014.

FII’s bought $0.4bn Indian equities during May. FII’s have invested $1.6bn in Indian equities in FY17 so far. The Rupee depreciated by 1.4% versus the USD in May. Net inflows in domestic Equity mutual funds in May 2016 were close to Rs 4,300 crs. Total inflows in domestic Equity mutual funds in FY17 so far have been Rs. 8,300 crs.

Brent crude and steel prices continued to move up in May. Brent crude closed at 50$/ barrel, highest monthly closing since October 2015. The table gives the performance of key commodities in CY 2015 and CY 2016 YTD.

% Change Cy2015 Cy2016yTD

% Change Cy2015 Cy2016yTD

Brent Crude (40.0) 19.3 Copper (25.3) (0.7)Gold (10.4) 14.5 Aluminium (18.7) 3.3Steel (43.9) 80.2 lead (3.5) (5.2)Zinc (26.1) 19.5

Low CAD, steadily falling fiscal deficit and low inflation have set the stage for lower interest rates. Improving margin outlook of corporates, likely lower interest rates, improving outlook for economic growth, increasing probability of normal monsoon and lower Mcap/GDP ratio lead to a positive outlook for equity markets over the medium to long term.

In our opinion therefore, there is merit in increasing allocation to equities (for those with a medium to long term view) and to stay invested.

Debt Market update

During the month of May 2016 yield on the new 10-year benchmark (7.59% GoI 2026) ended the month at 7.47% up by 3 bps over the previous month end. The yield on 10-year AAA Corporate Bond ended the month at 8.24% as against 8.17% at the end of April 2016. Thus, corporate bond spreads during the month widened to 63 bps as against 59 bps in the previous month.

Liquidity conditions continued to remain negative during the month of May 2016. As against ~Rs 1,11,114 crs of average liquidity net injected by RBI during the month of April through various sources (Liquidity Adjustment Facility, export refinance, marginal standing facility and term repos/reverse repos), ~Rs. 98641 crs of liquidity was net injected by RBI during the month of May. The overnight rate ended at 6.51%, as against 6.58% at end April 2016.

The INR depreciated to 67.26 against the US dollar as compared to 66.33 at the end of previous month. The net FII investment in equities & debt was an outflow of ~US$ 0.3 billion in May 2016.

The annual rate of retail inflation, CPI came in at ~5.4% YoY in April 2016, up from 4.8% in March 2016 largely on account of food inflation. Wholesale inflation entered in positive territory first time since October, 2014 as WPI stood at 0.35% (provisional) for the month of April, 2016 (over March, 2015) as compared to -0.85% for the previous month and -2.43% during the corresponding month of the previous year.

For FY2016, real GDP growth was 7.6% while real Gross Value Addition (GVA) grew 7.2%. In 4QFY16, real GDP grew 7.9% while GVA growth was at 7.4%.

The Government announced the Minimum Support Prices (MSPs) for kharif crops for FY2017. MSP increase for paddy was at 4.3% (FY2016 at 3.7%) while average increase in MSP for pulses (including bonus) was at 8.3% (FY2016 at 6.0%) and that for oilseeds (including bonus) at 5.6% (FY2016 at 1.9%).

In the credit policy review on June 7, RBI kept all policy rates unchanged in line with consensus expectations. CPI in April’16 rose more than expected largely due to food prices and as per RBI, makes the future trajectory of inflation somewhat more uncertain.

OutlookThe credit policy of June ’16 was along expected lines with RBI staying on

hold until further clarity emerges on monsoon and its impact on food prices. RBI has reaffirmed that the stance of monetary policy will remain accommodative. The expectations of strong monsoon, low MSP hikes for kharif crops of 2016-17, continued reforms by the government and higher public capital expenditure to augment supply side capacity forms the basis for our positive view on inflation going forward. Additionally, continuing fiscal consolidation, and low current account deficit are also supportive of lower yields.

As highlighted repeatedly over the past several months or so, we believe there is merit in adding duration to one’s fixed income portfolio.

Source for various data points: RBI Website, Bloomberg and Reuters.


0.320.640.710.750.791.251.421.541.611.801.912.032.302.722.873.274.354.414.735.19

7.258.86

11.5325.50

0 5 10 15 20 25 30Oil

Minerals/MiningConsumer Non Durables

Hotels, Resorts & Other Recreational ActivitiesHealthcare Services

FinanceNon - Ferrous Metals

FertilisersFerrous Metals

Consumer DurablesIndustrial Capital Goods

CementGas

ChemicalsTransportation

Telecom - ServicesPharmaceuticals

ConstructionPower

Construction ProjectPetroleum Products

AutoSoftware

Banks

INvESTmENT ObjECTIvETo generate long term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments.

FuNd maNagEr ¥

Srinivas rao ravuri (since April 3, 06) Total Experience: over 19 years

INCEpTION daTE (date of allotment)September 11, 2000

Nav (aS ON maY 31, 2016) Nav pEr uNIT (`)Growth option 132.578Dividend option 27.170Direct plan - Growth option 134.815Direct plan - Dividend option 27.722

aSSETS uNdEr maNagEmENT (`) IN CrOrEAs on May 31, 2016 991.13Average for Month of May, 2016 959.55

quaNTITaTIvE daTaportfolio Turnover Ratio (last 1 year) 24.84%

risk ration Standard Deviation 5.178%n Beta 1.112n Sharpe Ratio* 0.135

Computed for the 3-yr period ended May 31, 2016.Based on month-end nAV. * Risk free rate: 6.54% (Source: FIMMDA MIBoR)

TOTal ExpENSE raTIO (Weighted average for the month) €Regular 2.31%Direct 1.70%

€ Excluding Service Tax on Management Fees.

bENCHmarK INdExS&p BSE SEnSEx

ENTrY lOadnot Applicable.

ExIT lOadl In respect of each purchase / switch-in of units, an Exit

load of 1.00% is payable if units are redeemed / switched-out within 1 year from the date of allotment.

l no Exit load is payable if units are redeemed / switched-out after 1 year from the date of allotment.

For further details, please refer to para ‘Exit load’ on pg 45.

plaNSRegular plan, Direct plan

OpTIONSunder Each plan : Growth & Dividend. The Dividend option offers Dividend payout and Reinvestment facility.

mINImum applICaTION amOuNT (under each plan / Option)purchase : ` 5,000 and any amount thereafter.Additional purchase : ` 1,000 and any amount thereafter.

rEdEmpTION prOCEEdSnormally despatched within 3-4 Business Days.

For Tax Benefits / Consequences, Please refer to page 45¥ Dedicated Fund Manager for overseas Investments: Mr Rakesh Vyas (Total Experience: over 12 years).

HDFC Growth Fund (An open-ended growth scheme)

Company Industry+ % to Nav

EquITY & EquITY rElaTEd

Infosys ltd. Software 8.11HDFC Bank ltd. Banks 7.94ICICI Bank ltd. Banks 6.42State Bank of India Banks 5.63larsen & Toubro ltd. Construction project 5.19Reliance Industries ltd. petroleum products 3.96Tata Motors ltd. DVR Auto 3.82Bharat petroleum Corporation ltd. petroleum products 3.29Maruti Suzuki India ltd. Auto 2.86Axis Bank ltd. Banks 2.83Total of Top Ten Holdings 50.05Total Equity & Equity related 97.75Cash, Cash Equivalents and net Current Assets 2.25grand Total 100.00

For complete portfolio, please visit www.hdfcfund.com

portfolio - Top 10 Holdings

This product is suitable for investors who are seeking ~ riskometer

l Capital appreciation over long term.

l Investment predominantly in equity and equity related instruments.

Investors understand that their principal will be at moderately high risk

~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

SIp performanceSince Inception

SIp15 year

SIp10 year

SIp5 year

SIp3 year

SIp1 year

SIpTotal Amount Invested (` ‘000) 1,870.00 1,800.00 1,200.00 600.00 360.00 120.00 Mkt Value as on March 31, 2016 (` ‘000) 9,373.27 8,450.09 2,100.81 765.08 411.87 116.26 returns (annualised) (%) 18.56 18.60 10.79 9.66 8.95 -5.74Benchmark Returns (Annualised) (%) # 13.17 13.25 7.74 7.49 4.10 -8.21Addl. Benchmark Ret. (Annualised) (%) ## 12.93 13.01 8.14 8.05 5.19 -7.07

past performance may or may not be sustained in the future. # S&p BSE SEnSEx ## nifty 50 Index. 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. Load is not taken into consideration for computation of performance. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. The AMC / Mutual Fund is not guaranteeing or promising or forecasting any returns.

Industry allocation of Equity Holding (% of Net assets)

Face Value per unit: ` 10 unless otherwise specified, + Industry Classification as recommended by AMFI, Data is as of May 31, 2016 unless otherwise specified.

Cumulative performancedate period Nav

per unit (`)

Scheme returns

(%)^

benchmark returns

(%)#

additional benchmark

returns (%) ##

value of Investment of Scheme ` 10000@

Scheme (`) benchmark (`)#


(`)##Mar 31, 15 last 1 year 131.977 -5.10 -9.36 -8.86 9,490 9,064 9,114Mar 31, 14 last 2 years 98.077 12.99 6.39 7.43 12,770 11,320 11,543Mar 28, 13 last 3 years 87.656 12.58 10.36 10.80 14,288 13,454 13,618Sep 11, 00 Since Inception 10.000 17.64 11.44 11.33 125,246 53,958 53,136

discrete 12 month returns (%)period Scheme

^benchmark

#additional benchmark

##Mar 31, 15 To Mar 31, 16 -5.10 -9.36 -8.86Mar 31, 14 To Mar 31, 15 34.56 24.89 26.65Mar 28, 13 To Mar 31, 14 11.79 18.68 17.82

^past performance may or may not be sustained in the future. The above returns are for Regular plan - Growth option. Returns greater than 1 year period are compounded annualized (CAGR). # S&p BSE SEnSEx ## nifty 50 Index. @ shows the current value of ` 10,000/- invested at the beginning of a given period. For performance of other schemes managed by Srinivas Rao Ravuri, please refer page 45.


l INvESTmENT ObjECTIvETo achieve capital appreciation.

l FuNd maNagEr § ¥

prashant jain (since June 19, 03) Total Experience: over 25 years

l INCEpTION daTE (date of allotment)January 1, 1995


aSSETS uNdEr maNagEmENT (`) IN CrOrEAs on May 31, 2016 15,205.57Average for Month of May, 2016 14,584.94

l quaNTITaTIvE daTaportfolio Turnover Ratio (last 1 year) 34.24%



l TOTal ExpENSE raTIO (Weighted average for the month) €Regular 2.05%Direct 1.23%


l bENCHmarK INdExnifty 500 Index

l ENTrY lOadnot Applicable.

l ExIT lOadl In respect of each purchase / switch-in of units, an Exit load

of 1.00% is payable if units are redeemed / switched-out within 1 year from the date of allotment.



l plaNSRegular plan, Direct plan

l OpTIONSunder Each plan : Growth & Dividend. The Dividend option offers Dividend payout and Reinvestment facility.

l mINImum applICaTION amOuNT (under each plan / Option)purchase : ` 5,000 and any amount thereafter.Additional purchase : ` 1,000 and any amount thereafter.

l rEdEmpTION prOCEEdSnormally despatched within 3-4 Business Days.

For Tax Benefits / Consequences, Please refer to page 45§ Date of migration from Zurich India Mutual Fund (Close of business hours - June 19, 03

¥ Dedicated Fund Manager for overseas Investments: Mr Rakesh Vyas (Total Experience: over 12 years).


EquITY & EquITY rElaTEdState Bank of India Banks 8.27Infosys ltd. Software 8.18ICICI Bank ltd. Banks 7.75larsen & Toubro ltd. Construction project 7.49Maruti Suzuki India ltd. Auto 4.98HDFC Bank ltd. Banks 4.92Aurobindo pharma ltd. pharmaceuticals 3.87Tata Steel ltd. Ferrous Metals 3.50Tata Motors ltd. DVR Auto 3.34Axis Bank ltd. Banks 3.02

Total of Top Ten Holdings 55.32

Total Equity & Equity related Holdings 99.55

Cash Margin 0.12

other Cash, Cash Equivalents and net Current Assets 0.33

grand Total 100.00For complete portfolio, please visit www.hdfcfund.com

HDFC Equity Fund (An open-ended growth scheme)




l Investment predominantly in equity and equity related instruments of medium to large sized companies.




SIp15 year

SIp10 year

SIp5 year

SIp3 year

SIp1 year


past performance may or may not be sustained in the future. # nifty 500 Index ## nifty 50 Index. 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. load is not taken into consideration for computation of performance. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. The AMC / Mutual Fund is not guaranteeing or promising or forecasting any returns. SIP does not assure a profit or guarantee protection against a loss in a declining market.

0.270.530.570.680.891.511.541.581.812.313.503.994.244.274.335.47

8.6410.63

13.0929.70

0 5 10 15 20 25 30 35

Industrial ProductsMinerals/Mining

ConstructionNon - Ferrous Metals

Telecom - ServicesPesticides

Consumer DurablesFinance

Auto AncillariesMedia And Entertainment

Ferrous MetalsCement

PharmaceuticalsPetroleum Products

Industrial Capital GoodsPower

Construction ProjectAuto

SoftwareBanks



per unit (`)

Scheme returns

(%)^

benchmark returns

(%)#


returns (%) ##

value of Investment of Scheme ̀ 10000@



(`)##Mar 31, 15 last 1 year 469.724 -11.29 -7.54 -8.86 8,871 9,246 9,114Mar 31, 14 last 2 years 331.986 12.02 11.11 7.43 12,552 12,349 11,543Mar 28, 13 last 3 years 271.109 15.35 13.23 10.80 15,370 14,537 13,618Jan 01, 95 Since Inception 10.000 19.18 9.17 n.A. 416,701 64,522 n.A.


^benchmark



^past performance may or may not be sustained in the future. The above returns are for Regular plan - Growth option. Returns greater than 1 year period are compounded annualized (CAGR). # nifty 500 Index ## nifty 50 Index. @ shows the current value of ̀ 10,000/- invested at the beginning of a given period. n.A. not Available. For performance of other schemes managed by prashant Jain, please refer page 45.



l INvESTmENT ObjECTIvETo generate long term capital appreciation from a portfolio of equity and equity linked instruments. The investment portfolio for equity and equity linked instruments will be primarily drawn from the companies in the BSE 200 Index. Further, the Scheme may also invest in listed companies that would qualify to be in the top 200 by market capitalisation on the BSE even though they may not be listed on the BSE. This includes participation in large Ipos where in the market capitalisation of the company based on issue price would make the company a part of the top 200 companies listed on the BSE based on market capitalisation.



l INCEpTION daTE (date of allotment)october 11, 1996



l quaNTITaTIvE daTaportfolio Turnover Ratio (last 1 year) 48.70%risk ration Standard Deviation 5.731%n Beta 1.199n Sharpe Ratio* 0.132Computed for the 3-yr period ended May 31, 2016.Based on month-end nAV. * Risk free rate: 6.54% (Source: FIMMDA MIBoR)

l TOTal ExpENSE raTIO (Weighted average for the month) €Regular 2.08%Direct 1.36%€ Excluding Service Tax on Management Fees.

l bENCHmarK INdExS&p BSE 200


l ExIT lOadl In respect of each purchase / switch-in of units, an Exit







l rEdEmpTION prOCEEdSnormally despatched within 3-4 Business Days.For Tax Benefits / Consequences, Please refer to page 45 Date of migration from Zurich India Mutual Fund (Close of

business hours - June 19, 03 Dedicated Fund Manager for overseas Investments:

Mr Rakesh Vyas (Total Experience: over 12 years).

HDFC Top 200 Fund (An open-ended growth scheme)



l Investment in equity and equity linked instruments including equity derivatives primarily drawn from the companies in the S&p BSE 200 Index.




EquITY & EquITY rElaTEdInfosys ltd. Software 7.31HDFC Bank ltd. Banks 6.71ICICI Bank ltd. Banks 6.56State Bank of India Banks 6.38larsen & Toubro ltd. Construction project 5.82Maruti Suzuki India ltd. Auto 3.75Aurobindo pharma ltd. pharmaceuticals 3.60Axis Bank ltd. Banks 3.30Reliance Industries ltd. petroleum products 3.16Tata Consultancy Services ltd. Software 2.78Total of Top Ten Holdings 49.37Total Equity & Equity related Holdings 99.47

Cash Margin 0.14

other Cash, Cash Equivalents and net Current Assets 0.39



0.060.150.390.460.470.530.981.131.361.372.042.432.763.493.633.774.094.765.826.41

8.6314.19

30.55

0 5 10 15 20 25 30 35Construction

GasTransportation

ChemicalsMinerals/Mining

OilConsumer Durables

PesticidesNon - Ferrous Metals

Media And EntertainmentTelecom - Services

Consumer Non DurablesCement

Industrial Capital GoodsFerrous Metals

FinancePharmaceuticals

PowerConstruction ProjectPetroleum Products

AutoSoftware

Banks



SIp15 year

SIp10 year

SIp5 year

SIp3 year

SIp1 year

SIpTotal Amount Invested (` ‘000) 2,340.00 1,800.00 1,200.00 600.00 360.00 120.00 Mkt Value as on March 31, 2016 (` ‘000) $$ 23,859.82 10,009.16 2,198.47 769.19 402.39 113.89 returns (annualised) (%) $$ 20.46 20.52 11.65 9.88 7.37 -9.32Benchmark Returns (Annualised) (%) # 13.43 14.07 8.68 9.35 7.28 -7.08Addl. Benchmark Ret. (Annualised) (%) ## 12.26 13.25 7.74 7.49 4.10 -8.21

past performance may or may not be sustained in the future. # S&p BSE 200 ## S&p BSE SEnSEx. 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. Load is not taken into consideration for computation of performance. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. The AMC / Mutual Fund is not guaranteeing or promising or forecasting any returns. SIP does not assure a profit or guarantee protection against a loss in a declining market.


per unit (`)

Scheme returns

(%)^$$

benchmark returns

(%)#


returns (%) ##


Scheme (`)$$

benchmark (`)#


(`)##Mar 31, 15 last 1 year 342.678 -9.80 -7.86 -9.36 9,020 9,214 9,064Mar 31, 14 last 2 years 253.626 10.38 10.24 6.39 12,188 12,156 11,320Mar 28, 13 last 3 years 210.485 13.61 12.47 10.36 14,686 14,246 13,454oct 11, 96 Since Inception 10.000 20.48 12.77 11.28 376,899 103,951 80,183


^ $$benchmark



^past performance may or may not be sustained in the future. The above returns are for Regular plan - Growth option. Returns greater than 1 year period are compounded annualized (CAGR). # S&p BSE 200 ## S&p BSE SEnSEx. $$ 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). @ shows the current value of ` 10,000/- invested at the beginning of a given period. For performance of other schemes managed by prashant Jain, please refer page 45.



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

l INvESTmENT ObjECTIvETo achieve capital appreciation in the long term.

l FuNd maNagEr ¥

Chirag Setalvad (since April 2, 07) Total Experience: over 19 years &miten lathia (since May 10, 12) Total Experience: over 16 years

l INCEpTION daTE (date of allotment)February 1, 1994














l rEdEmpTION prOCEEdSnormally despatched within 3-4 Business Days.For Tax Benefits / Consequences, Please refer to page 45¥ Dedicated Fund Manager for overseas Investments: Mr Rakesh Vyas (Total Experience: over 12 years).

HDFC Capital Builder Fund (An open-ended growth scheme)



l Investment predominantly in equity and equity related instruments of strong companies.




SIp15 year

SIp10 year

SIp5 year

SIp3 year

SIp1 year


past performance may or may not be sustained in the future. # nifty 500 Index ## nifty 50 Index. 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. Load is not taken into consideration for computation of performance. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. The AMC / Mutual Fund is not guaranteeing or promising or forecasting any returns.


EquITY & EquITY rElaTEdHDFC Bank ltd. Banks 6.03Tata Motors ltd. Auto 5.54Infosys ltd. Software 5.06ICICI Bank ltd. Banks 4.76Grasim Industries ltd. Cement 4.34Bharat petroleum Corporation ltd. petroleum products 3.50State Bank of India Banks 3.49Reliance Industries ltd. petroleum products 3.21Indusind Bank ltd. Banks 3.13Cipla ltd. pharmaceuticals 2.95Total of Top Ten Holdings 42.01Total Equity & Equity related Holdings 96.00

Cash Margin 0.29

other Cash, Cash Equivalents and net Current Assets 3.71grand Total 100.00For complete portfolio, please visit www.hdfcfund.com


0.570.750.790.870.930.941.161.191.211.792.012.552.633.133.373.703.954.345.546.236.717.79

9.7224.13

0 5 10 15 20 25 30Oil

Industrial Capital GoodsNon -Ferrous Metals

RetailingAuto Ancillaries

Minerals/MiningHotels, Resorts & Other Recreational Activities

Industrial ProductsPower

ChemicalsTransportation

Consumer Non DurablesGas

Telecom - ServicesConstruction

Consumer DurablesMedia And Entertainment

CementAuto


PharmaceuticalsSoftware

Banks



per unit (`)

Scheme returns

(%)^

benchmark returns

(%)#


returns (%) ##




(`)##Mar 31, 15 last 1 year 199.457 -2.55 -7.54 -8.86 9,745 9,246 9,114Mar 31, 14 last 2 years 139.281 18.11 11.11 7.43 13,956 12,349 11,543Mar 28, 13 last 3 years 112.843 19.79 13.23 10.80 17,226 14,537 13,618Feb 01, 94 Since Inception 10.000 14.32 8.47 8.65 194,378 60,708 62,917


^benchmark



^past performance may or may not be sustained in the future. The above returns are for Regular plan - Growth option. Returns greater than 1 year period are compounded annualized (CAGR). # nifty 500 Index ## nifty 50 Index. @ shows the current value of ` 10,000/- invested at the beginning of a given period. For performance of other schemes managed by Chirag Setalvad & Miten lathia, please refer page 45.



l INvESTmENT ObjECTIvETo generate capital appreciation through equity investment in companies whose shares are quoting at prices below their true value.

l FuNd maNagEr ¥

vinay Kulkarni (since november 21, 06) Total Experience: over 26 years

l INCEpTION daTE (date of allotment)September 17, 2004








l bENCHmarK INdExS&p BSE 200











HDFC Core & Satellite Fund (An open-ended growth scheme)



l Investment primarily in equity and equity related instruments of companies whose shares are quoting at prices below their true value.




SIp10 year

SIp5 year

SIp3 year

SIp1 year

SIpTotal Amount Invested (` ‘000) 1,390.00 1,200.00 600.00 360.00 120.00 Mkt Value as on March 31, 2016 (` ‘000) 2,812.36 2,041.00 785.76 426.04 113.93 returns (annualised) (%) 11.57 10.25 10.73 11.26 -9.25Benchmark Returns (Annualised) (%) # 9.96 8.68 9.35 7.28 -7.08Addl. Benchmark Ret. (Annualised) (%) ## 9.44 7.74 7.49 4.10 -8.21

past performance may or may not be sustained in the future. # S&p BSE 200 ## S&p BSE SEnSEx. 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. Load is not taken into consideration for computation of performance. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. The AMC / Mutual Fund is not guaranteeing or promising or forecasting any returns.


EquITY & EquITY rElaTEdGrasim Industries ltd. Cement 8.82Tata Motors ltd. DVR Auto 7.83larsen & Toubro ltd. Construction project 6.54Infosys ltd. Software 6.54Bharat petroleum Corporation ltd. petroleum products 6.47Bharat Electronics ltd. Industrial Capital

Goods 6.15nHpC ltd. power 5.23Maruti Suzuki India ltd. Auto 4.21CESC ltd. power 4.16KEC International ltd. Construction project 3.74Total of Top Ten Holdings 59.69Total Equity & Equity related Holdings 93.58Cash, Cash Equivalents and net Current Assets 6.42grand Total 100.00For complete portfolio, please visit www.hdfcfund.com


1.60

1.86

2.09

2.31

2.93

3.09

4.53

6.47

6.54

7.06

8.82

10.28

11.48

12.04

12.48

0 2 4 6 8 10 12 14

Media And Entertainment

Construction

Pharmaceuticals

Commercial Services

Auto Ancillaries

Healthcare Services

Transportation

Petroleum Products

Software

Banks

Cement

Construction Project

Power

Auto

Industrial Capital Goods



per unit (`)

Scheme returns

(%)^

benchmark returns

(%)#


returns (%) ##




(`)##Mar 31, 15 last 1 year 57.488 -3.76 -7.86 -9.36 9,624 9,214 9,064Mar 31, 14 last 2 years 41.519 15.42 10.24 6.39 13,326 12,156 11,320Mar 28, 13 last 3 years 34.998 16.43 12.47 10.36 15,809 14,246 13,454Sep 17, 04 Since Inception 10.000 15.98 13.91 14.04 55,329 44,971 45,569


^benchmark



^past performance may or may not be sustained in the future. The above returns are for Regular plan - Growth option. Returns greater than 1 year period are compounded annualized (CAGR). # S&p BSE 200 ## S&p BSE SEnSEx. @ shows the current value of ` 10,000/- invested at the beginning of a given period. For performance of other schemes managed by Vinay Kulkarni, please refer page 45.



l INvESTmENT ObjECTIvETo generate capital appreciation in the long term through equity investments by investing in a diversified portfolio of Mid Cap and large Cap ‘blue chip’ companies.

l FuNd maNagEr ¥


l INCEpTION daTE (date of allotment)April 6, 2005















l SEgmENT-WISE brEaK-up OF EquITY HOldINg (% OF NET aSSETS)large-Cap 43.41Mid-Cap 54.75


HDFC Premier Multi-cap Fund (An open-ended growth scheme)



l Investment predominantly in equity and equity related instruments of Mid Cap and large Cap ‘blue chip’ companies.




SIp10 year

SIp5 year

SIp3 year

SIp1 year


past performance may or may not be sustained in the future. # nifty 500 Index ## nifty 50 Index. 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. Load is not taken into consideration for computation of performance. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. The AMC / Mutual Fund is not guaranteeing or promising or forecasting any returns.


EquITY & EquITY rElaTEdState Bank of India Banks 7.35Infosys ltd. Software 6.86Tata Motors ltd. DVR Auto 6.84ICICI Bank ltd. Banks 5.87Bank of Baroda Banks 4.62Grasim Industries ltd. Cement 4.45larsen & Toubro ltd. Construction project 3.88KEC International ltd. Construction project 3.77Axis Bank ltd. Banks 3.77Bharat Electronics ltd. Industrial Capital

Goods 3.67Total of Top Ten Holdings 51.08Total Equity & Equity related Holdings 98.16Cash, Cash Equivalents and net Current Assets 1.84grand Total 100.00For complete portfolio, please visit www.hdfcfund.com


0.97

1.07

1.20

1.93

2.05

2.77

3.09

3.19

3.26

3.60

6.86

9.64

9.67

9.89

13.29

25.68

0 5 10 15 20 25 30

Telecom - Equipment & Accessories

Oil

Auto Ancillaries

Telecom - Services

Power

Pharmaceuticals

Consumer Durables

Ferrous Metals

Construction

Petroleum Products

Cement

Software


Auto


Banks



per unit (`)

Scheme returns

(%)^

benchmark returns

(%)#


returns (%) ##




(`)##Mar 31, 15 last 1 year 42.986 -11.69 -7.54 -8.86 8,831 9,246 9,114Mar 31, 14 last 2 years 30.547 11.46 11.11 7.43 12,426 12,349 11,543Mar 28, 13 last 3 years 25.908 13.53 13.23 10.80 14,651 14,537 13,618Apr 06, 05 Since Inception 10.000 12.90 12.28 12.75 37,959 35,706 37,396


^benchmark



^past performance may or may not be sustained in the future. The above returns are for Regular plan - Growth option. Returns greater than 1 year period are compounded annualized (CAGR). # nifty 500 Index ## nifty 50 Index. @ shows the current value of ` 10,000/- invested at the beginning of a given period. For performance of other schemes managed by Vinay Kulkarni, please refer page 45.



l INvESTmENT ObjECTIvETo provide long-term capital appreciation by investing predominantly in large cap companies.


vinay Kulkarni (since June 28, 14) Total Experience: over 26 years









l bENCHmarK INdEx

nifty 50 Index










For Tax Benefits / Consequences, Please refer to page 45§ Date of migration from Morgan Stanley Mutual Fund (Close of business hours - June 27, 14¥ Dedicated Fund Manager for overseas Investments: Mr Rakesh Vyas (Total Experience: over 12 years).

HDFC Large Cap Fund (An open-ended equity scheme)



l Investment in equity and equity related instruments of large Cap companies.




SIp5 year

SIp3 year

SIp1 year

SIpTotal Amount Invested (` ‘000) 950.00 600.00 360.00 120.00 Mkt Value as on March 31, 2016 (` ‘000) $$ 1,318.31 721.29 381.16 114.79 returns (annualised) (%) $$ 8.11 7.30 3.75 -7.95Benchmark Returns (Annualised) (%) # 8.74 8.05 5.19 -7.07Addl. Benchmark Ret. (Annualised) (%) ## 8.39 7.49 4.10 -8.21

past performance may or may not be sustained in the future. # nifty 50 Index ## S&p BSE SEnSEx. 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. Load is not taken into consideration for computation of performance. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. The AMC / Mutual Fund is not guaranteeing or promising or forecasting any returns.

0.11

1.31

1.77

2.01

2.82

3.27

8.35

12.94

13.68

18.60

32.73

0 5 10 15 20 25 30 35

Consumer Non Durables

Power

Gas

Oil

Cement

Telecom - Services


Auto

Petroleum Products

Software

Banks



per unit (`)

Scheme returns

(%)^$$

benchmark returns

(%)#


returns (%) ##


Scheme (`)$$

benchmark (`)#


(`)##Mar 31, 15 last 1 year 90.344 -9.28 -8.86 -9.36 9,072 9,114 9,064Mar 31, 14 last 2 years 73.413 5.66 7.43 6.39 11,165 11,543 11,320Mar 28, 13 last 3 years 63.178 9.03 10.80 10.36 12,974 13,618 13,454Feb 18, 94 Since Inception 10.000 10.57 8.66 8.81 92,455 62,804 64,730


^$$benchmark



^past performance may or may not be sustained in the future. The above returns are for Regular plan - Growth option. Returns greater than 1 year period are compounded annualized (CAGR). # nifty 50 Index ## S&p BSE SEnSEx. @ shows the current value of ` 10,000/- invested at the beginning of a given period. $$ 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. For performance of other schemes managed by Vinay Kulkarni, please refer page 45.


EquITY & EquITY rElaTEdInfosys ltd. Software 8.74State Bank of India Banks 8.41larsen & Toubro ltd. Construction project 8.35Reliance Industries ltd. petroleum products 7.82HDFC Bank ltd. Banks 7.58Axis Bank ltd. Banks 7.43ICICI Bank ltd. Banks 7.25Tata Motors ltd. DVR Auto 6.39Bharat petroleum Corporation ltd. petroleum products 5.51Investment in adr/gdr/Foreign SecuritiesCognizant Technology Solutions Corp Software 7.00Total of Top Ten Holdings 74.48Total Equity & Equity related Holdings 97.59Cash Margin 0.08other Cash, Cash Equivalents and net Current Assets 2.33grand Total 100.00For complete portfolio, please visit www.hdfcfund.comInvestment in Foreign Securities (` in Crore) 80.18




l INvESTmENT ObjECTIvETo generate long-term capital appreciation from a portfolio that is substantially constituted of equity and equity related securities of Small and Mid-Cap companies.

l FuNd maNagEr ¥

Chirag Setalvad (since June 25, 07) Total Experience: over 19 years

l INCEpTION daTE (date of allotment)June 25, 2007





l bENCHmarK INdExnifty Midcap 100 Index










l SEgmENT-WISE brEaK-up OF EquITY HOldINg (% OF NET aSSETS)large-Cap 2.25Mid-Cap 92.99Small-Cap 0.03


HDFC Mid-Cap Opportunities Fund (An open-ended equity scheme)



l Investment predominantly in equity and equity related instruments of Small and Mid Cap companies.




SIp5 year

SIp3 year

SIp1 year

SIpTotal Amount Invested (` ‘000) 1,060.00 600.00 360.00 120.00 Mkt Value as on March 31, 2016 (` ‘000) 2,701.09 1,039.89 500.70 117.34 returns (annualised) (%) 20.37 22.17 22.66 -4.09Benchmark Returns (Annualised) (%) # 12.14 14.69 16.59 -3.94Addl. Benchmark Ret. (Annualised) (%) ## 8.03 8.05 5.19 -7.07

past performance may or may not be sustained in the future. # nifty Midcap 100 Index ## nifty 50 Index. 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. Load is not taken into consideration for computation of performance. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. The AMC / Mutual Fund is not guaranteeing or promising or forecasting any returns.



Voltas ltd. Construction project 2.89

Bajaj Finance ltd. Finance 2.69

Hindustan petroleum Corporation ltd. petroleum products 2.64

Cholamandalam Investment and Finance Company ltd. Finance 2.62

Aurobindo pharma ltd. pharmaceuticals 2.36

Axis Bank ltd. Banks 2.25

upl ltd. pesticides 2.17

yes Bank ltd. Banks 2.16

Indusind Bank ltd. Banks 2.11

Divi's laboratories ltd. pharmaceuticals 2.11



Cash, Cash Equivalents and net Current Assets 4.74



0.300.400.790.861.151.191.311.521.571.952.64

3.704.234.29

5.266.537.287.507.898.78

12.5413.66

0 2 4 6 8 10 12 14Hotels, Resorts & Other Recreational Activities

ServicesOil

TransportationTrading

ConstructionGas

RetailingConsumer Non Durables

ChemicalsPetroleum Products

Industrial Capital GoodsConstruction Project

Media And EntertainmentPesticidesSoftware

FinanceConsumer Durables

Auto AncillariesPharmaceuticals

Industrial ProductsBanks



per unit (`)

Scheme returns

(%)^

benchmark returns

(%)#


returns (%) ##




(`)##Mar 31, 15 last 1 year 36.748 -1.36 -1.91 -8.86 9,864 9,809 9,114Mar 31, 14 last 2 years 22.495 26.90 21.65 7.43 16,115 14,807 11,543Mar 28, 13 last 3 years 17.235 28.01 19.80 10.80 21,033 17,230 13,618Jun 25, 07 Since Inception 10.000 15.81 9.34 7.04 36,250 21,885 18,168


^benchmark



^past performance may or may not be sustained in the future. The above returns are for Regular plan - Growth option. Returns greater than 1 year period are compounded annualized (CAGR). # nifty Midcap 100 Index ## nifty 50 Index. @ shows the current value of ` 10,000/- invested at the beginning of a given period. For performance of other schemes managed by Chirag Setalvad, please refer page 45.



l INvESTmENT ObjECTIvETo provide long-term capital appreciation by investing predominantly in Small-Cap and Mid-Cap companies.

l FuNd maNagEr ¥

Chirag Setalvad (since June 27, 14) Total Experience: over 19 years






l bENCHmarK INdExnifty Smallcap 100 Index










l SEgmENT-WISE brEaK-up OF EquITY HOldINg (% OF NET aSSETS)Mid-Cap 30.01Small-Cap 66.99


HDFC Small and Mid-Cap Fund (An open-ended equity scheme)



l Investment predominantly in equity and equity related instruments of Small-Cap and Mid-Cap companies.




SIp5 year

SIp3 year

SIp1 year

SIpTotal Amount Invested (` ‘000) 960.00 600.00 360.00 120.00 Mkt Value as on March 31, 2016 (` ‘000) 1,778.12 881.88 448.01 117.49 returns (annualised) (%) 15.00 15.40 14.74 -3.85Benchmark Returns (Annualised) (%) # 8.96 9.70 10.39 -15.92Addl. Benchmark Ret. (Annualised) (%) ## 8.68 8.05 5.19 -7.07

past performance may or may not be sustained in the future. # nifty Smallcap 100 Index ## nifty 50 Index. 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. load is not taken into consideration for computation of performance. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. The AMC / Mutual Fund is not guaranteeing or promising or forecasting any returns.


EquITY & EquITY rElaTEdAurobindo pharma ltd. pharmaceuticals 4.33Cholamandalam Investment and Finance Company ltd. Finance 3.38yes Bank ltd. Banks 2.98Bajaj Finance ltd. Finance 2.72Carborundum universal ltd. Industrial products 2.51Divi's laboratories ltd. pharmaceuticals 2.46nIIT Technologies ltd. Software 2.38Sarla performance Fibers ltd. Textiles - Synthetic 2.36navneet Education ltd. Media And

Entertainment 2.35Shriram Transport Finance Co. ltd. Finance 2.28Total of Top Ten Holdings 27.75Total Equity & Equity related Holdings 97.01Cash, Cash Equivalents and net Current Assets 2.99grand Total 100.00For complete portfolio, please visit www.hdfcfund.com


1.241.341.411.601.651.661.922.363.163.373.413.80

4.875.685.826.156.48

7.988.53

11.4513.13

0 2 4 6 8 101214

ConstructionCement

Hotels, Resorts & Other Recreational ActivitiesIndustrial Capital Goods

TradingTransportation

PowerTextiles - Synthetic

AutoPesticides

Consumer Non DurablesChemicals

Auto AncillariesSoftware

Media And EntertainmentConstruction ProjectConsumer Durables

BanksIndustrial Products




per unit (`)

Scheme returns

(%)^

benchmark returns

(%)#


returns (%) ##




(`)##Mar 31, 15 last 1 year 25.482 -0.93 -13.13 -8.86 9,907 8,687 9,114Mar 31, 14 last 2 years 18.082 18.13 14.99 7.43 13,961 13,228 11,543Mar 28, 13 last 3 years 14.730 19.59 15.89 10.80 17,138 15,588 13,618Apr 03, 08 Since Inception 10.000 12.28 3.57 6.23 25,244 13,236 16,218


^benchmark



^past performance may or may not be sustained in the future. The above returns are for Regular plan - Growth option. Returns greater than 1 year period are compounded annualized (CAGR). # nifty Smallcap 100 Index ## nifty 50 Index. @ shows the current value of ` 10,000/- invested at the beginning of a given period. For performance of other schemes managed by Chirag Setalvad, please refer page 45.



l INvESTmENT ObjECTIvETo generate long term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments.

l FuNd maNagEr ¥

Chirag Setalvad (since April 2, 07) Total Experience: over 19 years









l bENCHmarK INdExS&p BSE SEnSEx


l ExIT lOadnil


l OpTIONSunder Each plan : Growth & Dividend. The Dividend option offers Dividend payout facility.

l mINImum applICaTION amOuNT (under each plan / Option)purchase : ` 500 and in multiples of ` 500 thereafter.Additional purchase : ̀ 500 and in multiples of ̀ 500 thereafter.


l lOCK-IN pErIOd3 years from the date of allotment of the respective units


HDFC Long Term Advantage Fund (An open-ended equity linked saving scheme with a lock-in period of 3 years)







SIp15 year

SIp10 year

SIp5 year

SIp3 year

SIp1 year


past performance may or may not be sustained in the future. # S&p BSE SEnSEx ## nifty 50 Index. 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. load is not taken into consideration for computation of performance. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. The AMC / Mutual Fund is not guaranteeing or promising or forecasting any returns.



Infosys ltd. Software 8.26

ICICI Bank ltd. Banks 6.39

HDFC Bank ltd. Banks 5.66

Reliance Industries ltd. petroleum products 5.51

larsen & Toubro ltd. Construction project 5.20

Tata Motors ltd. DVR Auto 5.06

State Bank of India Banks 4.64

Tata Consultancy Services ltd. Software 4.48

Housing Development Finance Corporation ltd.£ Finance 4.31

Vesuvius India ltd. Industrial products 3.63

Total of Top Ten Holdings 53.14Total Equity & Equity related Holdings 96.19Cash, Cash Equivalents and net Current Assets 3.81

grand Total 100.00

For complete portfolio, please visit www.hdfcfund.com£ Co-sponsor


0.37

0.59

0.87

1.22

1.96

1.99

2.45

3.36

4.31

4.92

5.65

5.74

8.46

9.02

12.77

13.40

19.11

0 5 10 15 20 25



Ferrous Metals

Pharmaceuticals

Power

Trading

Telecom - Services


Finance

Consumer Durables

Auto Ancillaries


Auto

Petroleum Products

Industrial Products

Software

Banks



per unit (`)

Scheme returns

(%)^

benchmark returns

(%)#


returns (%) ##




(`)##Mar 31, 15 last 1 year 238.857 -4.92 -9.36 -8.86 9,508 9,064 9,114Mar 31, 14 last 2 years 177.773 13.01 6.39 7.43 12,776 11,320 11,543Mar 28, 13 last 3 years 143.308 16.52 10.36 10.80 15,848 13,454 13,618Jan 02, 01 Since Inception 10.000 22.72 12.83 12.57 227,114 63,057 60,846


^benchmark



^past performance may or may not be sustained in the future. The above returns are for Regular plan - Growth option. Returns greater than 1 year period are compounded annualized (CAGR). # S&p BSE SEnSEx ## nifty 50 Index. @ shows the current value of ` 10,000/- invested at the beginning of a given period. For performance of other schemes managed by Chirag Setalvad, please refer page 45.



l INvESTmENT ObjECTIvETo achieve long term growth of capital.

l FuNd maNagEr ¥


l INCEpTION daTE (date of allotment)March 31, 1996










l ExIT lOadnil


l OpTIONSunder Each plan : Growth & Dividend. The Dividend option offers Dividend payout facility.

l mINImum applICaTION amOuNT (under each plan / Option)purchase : ` 500 and in multiples of ` 500 thereafter.Additional purchase : ̀ 500 and in multiples of ̀ 500 thereafter.

l rEdEmpTION prOCEEdSnormally despatched within 3-4 Business Days (Redemption is subject to completion of lock-in period, if applicable).

l lOCK-IN pErIOd3 years from the date of allotment of the respective units


HDFC TaxSaver (An open-ended equity linked saving scheme with a lock-in period of 3 years)


l Growth of capital over long term.





EquITY & EquITY rElaTEdInfosys ltd. Software 6.55State Bank of India Banks 6.37ICICI Bank ltd. Banks 6.11Tata Motors ltd. DVR Auto 5.39Bharat petroleum Corporation ltd. petroleum products 5.14HDFC Bank ltd. Banks 5.07Bharat Electronics ltd. Industrial Capital

Goods 3.80larsen & Toubro ltd. Construction project 3.61oracle Financial Services Software ltd. Software 3.06procter & Gamble Hygiene and Health Care ltd.

Consumer non Durables 2.96

Total of Top Ten Holdings 48.06Total Equity & Equity related Holdings 98.62Cash, Cash Equivalents and net Current Assets 1.38grand Total 100.00For complete portfolio, please visit www.hdfcfund.com


0.300.360.430.641.141.521.631.641.812.062.622.702.772.963.93

5.665.936.19

7.717.81

12.1026.71

0 5 10 15 20 25 30Transportation

Media And EntertainmentPesticides

Non - Ferrous MetalsChemicals

Auto AncillariesGasOil

Industrial ProductsTelecom - Services

Consumer DurablesFerrous Metals

PharmaceuticalsConsumer Non Durables

PowerPetroleum Products

Industrial Capital GoodsCement

AutoConstruction Project

SoftwareBanks



SIp15 year

SIp10 year

SIp5 year

SIp3 year

SIp1 year

SIpTotal Amount Invested (` ‘000) 2,400.00 1,800.00 1,200.00 600.00 360.00 120.00 Mkt Value as on March 31, 2016 (` ‘000) $$ 44,646.89 9,949.53 2,192.77 796.60 413.74 112.77 returns (annualised) (%) $$ 24.66 20.45 11.60 11.29 9.26 -10.98Benchmark Returns (Annualised) (%) # 13.27 14.02 8.73 9.84 8.01 -7.15Addl. Benchmark Ret. (Annualised) (%) ## 12.15 13.01 8.14 8.05 5.19 -7.07

past performance may or may not be sustained in the future. # nifty 500 Index ## nifty 50 Index. 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. Load is not taken into consideration for computation of performance. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. The AMC / Mutual Fund is not guaranteeing or promising or forecasting any returns. SIP does not assure a profit or guarantee protection against a loss in a declining market.


per unit (`)

Scheme returns

(%)^$$

benchmark returns

(%)#


returns (%) ##


Scheme (`)$$

benchmark (`)#


(`)##Mar 31, 15 last 1 year 398.162 -11.09 -7.54 -8.86 8,891 9,246 9,114Mar 31, 14 last 2 years 276.794 13.07 11.11 7.43 12,790 12,349 11,543Mar 28, 13 last 3 years 225.330 16.19 13.23 10.80 15,711 14,537 13,618Mar 31, 96 Since Inception 10.000 25.16 11.74 n.A. 893,057 92,156 n.A.


^$$benchmark



^past performance may or may not be sustained in the future. The above returns are for Regular plan - Growth option. Returns greater than 1 year period are compounded annualized (CAGR). # nifty 500 Index ## nifty 50 Index. $$ 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). @ shows the current value of ̀ 10,000/- invested at the beginning of a given period. n.A.: not Available. For performance of other schemes managed by Vinay Kulkarni, please refer page 45.



l INvESTmENT ObjECTIvETo seek long-term capital appreciation by investing predominantly in equity and equity related securities of companies engaged in or expected to benefit from the growth and development of infrastructure.

l FuNd maNagEr ¥

prashant jain (since March 10, 08) Total Experience: over 25 yearsSrinivas rao ravuri (since March 10, 08) Total Experience: over 19 years















l rEdEmpTION prOCEEdSnormally despatched within 3-4 Business Days (Redemption is subject to completion of lock-in period, if applicable).


HDFC Infrastructure Fund (An open-ended equity scheme)



l Investment predominantly in equity and equity related securities of companies engaged in or expected to benefit from the growth and development of infrastructure.

Investors understand that their principal will be at high risk



SIp5 year

SIp3 year

SIp1 year

SIpTotal Amount Invested (` ‘000) 970.00 600.00 360.00 120.00 Mkt Value as on March 31, 2016 (` ‘000) 1,325.70 741.40 414.49 106.98 returns (annualised) (%) 7.57 8.40 9.38 -19.48Benchmark Returns (Annualised) (%) # 9.63 9.84 8.01 -7.15Addl. Benchmark Ret. (Annualised) (%) ## 8.62 8.05 5.19 -7.07

past performance may or may not be sustained in the future. # nifty 500 Index ## nifty 50 Index. 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. Load is not taken into consideration for computation of performance. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. The AMC / Mutual Fund is not guaranteeing or promising or forecasting any returns. SIP does not assure a profit or guarantee protection against a loss in a declining market.


EquITY & EquITY rElaTEdState Bank of India Banks 8.63larsen & Toubro ltd. Construction project 8.05ICICI Bank ltd. Banks 6.46Bank of Baroda Banks 4.77Tata Motors ltd. DVR Auto 4.68Siemens ltd. Industrial Capital

Goods 4.26ITD Cementation India ltd. Construction 4.12Sadbhav Engineering ltd. Construction project 4.01JMC projects (India) ltd. Construction 3.08KEC International ltd. Construction project 2.72Total of Top Ten Holdings 50.78Total Equity & Equity related Holdings 99.26Cash, Cash Equivalents and net Current Assets 0.74



0.100.420.590.810.961.001.541.662.202.232.523.984.796.51

12.9114.58

18.9123.55

0 5 10 15 20 25

FinanceHotels, Resorts & Other Recreational Activities

Non - Ferrous MetalsChemicals

TransportationPetroleum Products

Ferrous MetalsConsumer Non Durables

Auto AncillariesConsumer Durables

Telecom - Equipment & AccessoriesPower

CementAuto

ConstructionIndustrial Capital Goods

Construction ProjectBanks



per unit (`)

Scheme returns

(%)^

benchmark returns

(%)#


returns (%) ##




(`)##Mar 31, 15 last 1 year 16.711 -16.99 -7.54 -8.86 8,301 9,246 9,114Mar 31, 14 last 2 years 10.530 14.75 11.11 7.43 13,173 12,349 11,543Mar 28, 13 last 3 years 9.486 13.45 13.23 10.80 14,623 14,537 13,618Mar 10, 08 Since Inception 10.000 4.14 6.35 6.10 13,871 16,426 16,120


^benchmark



^past performance may or may not be sustained in the future. The above returns are for Regular plan - Growth option. Returns greater than 1 year period are compounded annualized (CAGR). # nifty 500 Index ## nifty 50 Index. @ shows the current value of ` 10,000/- invested at the beginning of a given period. For performance of other schemes managed by prashant Jain & Srinivas Rao Ravuri, please refer page 45.



l INvESTmENT ObjECTIvETo generate income through arbitrage opportunities between cash and derivative market and arbitrage opportunities within the derivative segment and by deployment of surplus cash in debt securities and money market instruments.

l FuNd maNagEr ¥

Krishan Kumar daga (since September 10, 15) Total Experience: over 25 years


Nav (aS ON maY 31, 2016) Nav pEr uNIT (`)retail planGrowth option 18.344Dividend option 13.622quarterly Dividend option 13.037Direct plan - Growth option 18.583Direct plan - quarterly Dividend option 14.081Wholesale planGrowth option 18.672Dividend option 10.428Monthly Dividend option 10.793Direct plan - Growth option 11.722Direct plan - Dividend option 10.615Direct plan - Monthly Dividend option 10.371


l quaNTITaTIvE daTaportfolio Turnover Ratio (last 1 year) 1,440.71%


l bENCHmarK INdExCRISIl liquid Fund Index



load of 0.25% is payable if units are redeemed / switched-out within 1 month from the date of allotment.

l no Exit load is payable if units are redeemed / switched-out after 1 month from the date of allotment.


l plaNS(Wholesale plan) - Regular plan(Wholesale plan) - Direct plan

l OpTIONSunder Each plan : Growth & Dividend. Dividend option offers Monthly Dividend option and normal Dividend option with payout and Reinvestment facility.

l mINImum applICaTION amOuNT (under each plan / Option)purchase / Additional purchase: ` 1 lakh and any amount thereafter.



HDFC Arbitrage Fund (An open-ended equity scheme)


l Income over short term.

l Income through arbitrage opportunities between cash and derivative market and arbitrage opportunities within the derivative segment.

Investors understand that their principal will be at moderately low risk



EquITY & EquITY rElaTEd (quantity fully hedged using futures/options)HDFC Bank ltd. Banks 6.44Reliance Industries ltd. petroleum products 5.83Sun pharmaceuticals Industries ltd. pharmaceuticals 4.72Adani ports and Special Economic Zone ltd. Transportation 4.04Aurobindo pharma ltd. pharmaceuticals 2.87Housing Development Finance Corporation ltd.£ Finance 2.75Maruti Suzuki India ltd. Auto 2.72IDFC ltd. Finance 2.08Axis Bank ltd. Banks 2.04lIC Housing Finance ltd. Finance 1.85Total of Top Ten Holdings 35.34Total Equity & Equity related Holdings 70.12Cd/Cp, Credit ExposureMahindra & Mahindra Financial Services ltd.

CRISIL - A1+ / FITCH - AAA 4.59

Vijaya Bank CARE - A1+ 2.86Deutsche Investments India pvt. ltd. CRISIL - A1+ 1.48Small Industries Development Bank of India CRISIL - A1+ 1.32Sundaram Finance ltd. ICRA - AA+ 0.66Cholamandalam Investment and Finance Company ltd. ICRA - A1+ 0.44Kotak Mahindra Investments ltd. CRISIL - A1+ 0.25pnB Housing Finance ltd. CRISIL - A1+ 0.22Housing Development Finance Corporation ltd.£ CRISIl - AAA 0.22Indiabulls Housing Finance ltd. CRISIL - A1+ 0.16Total Cd/Cp, Credit Exposure 12.20Short Term Deposits as margin for Futures & options 18.59Cash, Cash Equivalents and net Current Assets -0.91grand Total 100.00For complete portfolio, please visit www.hdfcfund.comoutstanding exposure in derivative instruments (` in Crore) 1,604.38

£ Co-sponsor


0.01

0.04

0.10

0.16

0.57

0.58

0.61

0.63

0.67

0.85

1.28

1.84

2.15

2.53

3.65

4.35

4.48

4.64

8.28

9.22

11.25

12.21

0 2 4 6 8 10 12 14

Services

Gas

Chemicals


Auto Ancillaries


Construction

Ferrous Metals

Cement

Minerals/Mining

Oil


Power

Non - Ferrous Metals


Transportation

Auto

Software

Petroleum Products

Pharmaceuticals

Banks

Finance



per unit (`)

Scheme returns

(%)^

benchmark returns

(%)#


returns (%) ##




(`)##Mar 31, 15 last 1 year 17.301 6.99 8.06 -8.86 10,699 10,806 9,114Mar 31, 14 last 2 years 16.043 7.40 8.50 7.43 11,538 11,776 11,543Mar 28, 13 last 3 years 14.783 7.75 8.82 10.80 12,521 12,900 13,618oct 23, 07 Since Inception 10.000 7.56 7.67 4.19 18,510 18,661 14,137


^benchmark


##Mar 31, 15 To Mar 31, 16 6.99 8.06 -8.86Mar 31, 14 To Mar 31, 15 7.84 8.98 26.65Mar 28, 13 To Mar 31, 14 8.45 9.46 17.82

^past performance may or may not be sustained in the future. The above returns are for Regular plan - Growth option. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIl liquid Fund Index ## nifty 50 Index. @ shows the current value of ` 10,000/- invested at the beginning of a given period. 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, etc. For performance of other schemes managed by Krishan Kumar Daga, please refer page 45.



l INvESTmENT ObjECTIvEThe objective of this plan is to generate returns that are commensurate with the performance of the SEnSEx, subject to tracking errors.

l FuNd maNagEr ¥

Krishan Kumar daga (since october 19, 15) Total Experience: over 25 years

l INCEpTION daTE (date of allotment)July 17, 2002

Nav (aS ON maY 31, 2016) Nav pEr uNIT (`)Growth option 230.1298Direct plan - Growth option 231.9211



l TraCKINg ErrOrAnnualised tracking error is calculated based on daily rolling returns for the last 12 months: 0.25%



l bENCHmarK INdExS&p BSE SEnSEx (Total Returns Index)



load of 1.00% is payable if units are redeemed / switched-out within 30 days from the date of allotment.

l no Exit load is payable if units are redeemed / switched-out after 30 days from the date of allotment.


l plaNSSEnSEx plan - Regular planSEnSEx plan - Direct plan

l OpTIONSEach plan offers Growth option only.



For Tax Benefits / Consequences, Please refer to page 45

HDFC Index Fund SENSEX Plan (An open-ended Index Linked scheme)


l Returns that are commensurate with the performance of the SEnSEx, subject to tracking errors over long term.

l Investment in equity securities covered by the SEnSEx.




SIp10 year

SIp5 year

SIp3 year

SIp1 year


past performance may or may not be sustained in the future. # S&p BSE SEnSEx (Total Returns Index) ## nifty 50 Index. 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. Load is not taken into consideration for computation of performance. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. The AMC / Mutual Fund is not guaranteeing or promising or forecasting any returns. SIP does not assure a profit or guarantee protection against a loss in a declining market.


EquITY & EquITY rElaTEdInfosys ltd. Software 10.37HDFC Bank ltd. Banks 9.66ITC ltd. Consumer non

Durables 8.21Housing Development Finance Corporation ltd.£ Finance 8.12Reliance Industries ltd. petroleum products 6.58ICICI Bank ltd. Banks 5.92Tata Consultancy Services ltd. Software 5.48larsen & Toubro ltd. Construction project 5.02Tata Motors ltd. Auto 3.62Axis Bank ltd. Banks 3.62Total of Top Ten Holdings 66.60Total Equity & Equity related Holdings 99.80Cash, Cash Equivalents and net Current Assets 0.20


£ Co-sponsor


0.46

0.73

0.73

0.93

1.23

1.53

1.57

2.04

5.02

6.58

7.57

8.12

11.50

12.57

17.31

21.91

0 5 10 15 20 25


Gas

Transportation

Ferrous Metals

Power

Minerals/Mining

Oil

Telecom - Services


Petroleum Products

Pharmaceuticals

Finance

Auto


Software

Banks



per unit (`)

Scheme returns

(%)^

benchmark returns

(%)#


returns (%) ##




(`)##Mar 31, 15 last 1 year 237.2049 -7.96 -7.91 -8.86 9,204 9,209 9,114Mar 31, 14 last 2 years 188.8093 7.52 8.06 7.43 11,563 11,678 11,543Mar 28, 13 last 3 years 157.2899 11.50 12.08 10.80 13,880 14,099 13,618Jul 17, 02 Since Inception 32.1610 14.99 18.20 15.82 67,883 99,081 74,945


^benchmark



^past performance may or may not be sustained in the future. The above returns are for Regular plan - Growth option. Returns greater than 1 year period are compounded annualized (CAGR). # S&p BSE SEnSEx (Total Returns Index) ## nifty 50 Index. @ shows the current value of ̀ 10,000/- invested at the beginning of a given period. Since inception returns are calculated on ̀ 32.1610 (allotment price). For performance of other schemes managed by Krishan Kumar Daga, please refer page 45.

Face Value per unit: ` 32.1610, + Industry Classification as recommended by AMFI, Data is as of May 31, 2016 unless otherwise specified.


l INvESTmENT ObjECTIvEThe objective of this plan is to generate returns that are commensurate with the performance of the nifty, subject to tracking errors.

l FuNd maNagEr ¥






l TraCKINg ErrOrAnnualised tracking error is calculated based on daily rolling returns for the last 12 months: 0.26%



l bENCHmarK INdExnifty 50 Index (Total Returns Index)



load of 1.00% is payable if units are redeemed / switched-out within 3 months from the date of allotment.

l no Exit load is payable if units are redeemed / switched-out after 3 months from the date of allotment.


l plaNSnifty plan - Regular plannifty plan - Direct plan





HDFC Index Fund NIFTy Plan (An open-ended Index Linked scheme)


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.




SIp10 year

SIp5 year

SIp3 year

SIp1 year


past performance may or may not be sustained in the future. # nifty 50 Index (Total Returns Index) ## S&p BSE SEnSEx. 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. Load is not taken into consideration for computation of performance. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. The AMC / Mutual Fund is not guaranteeing or promising or forecasting any returns. SIP does not assure a profit or guarantee protection against a loss in a declining market.



Durables 6.61Housing Development Finance Corporation ltd.£ Finance 6.54Reliance Industries ltd. petroleum products 5.29ICICI Bank ltd. Banks 4.76Tata Consultancy Services ltd. Software 4.57larsen & Toubro ltd. Construction project 4.04Tata Motors ltd. Auto 2.97Axis Bank ltd. Banks 2.87Total of Top Ten Holdings 53.79Total Equity & Equity related Holdings 99.67Cash, Cash Equivalents and net Current Assets 0.33grand Total 100.00For complete portfolio, please visit www.hdfcfund.com

£ Co-sponsor


0.370.450.580.590.670.680.750.811.231.272.032.733.114.04

6.146.546.79

10.1310.66

16.6123.49

0 5 10 15 20 25

Industrial Capital GoodsNon - Ferrous Metals

GasTransportation

Telecom - Equipment & AccessoriesAuto AncillariesFerrous Metals

Media And EntertainmentMinerals/Mining

OilTelecom - Services

PowerCement



Consumer Non DurablesAuto

SoftwareBanks



per unit (`)

Scheme returns

(%)^

benchmark returns

(%)#


returns (%) ##






^benchmark



^past performance may or may not be sustained in the future. The above returns are for Regular plan - Growth option. Returns greater than 1 year period are compounded annualized (CAGR). # nifty 50 Index (Total Returns Index). ## S&p BSE SEnSEx. @ shows the current value of ` 10,000/- invested at the beginning of a given period. Since inception returns are calculated on ` 10.3260 (allotment price). For performance of other schemes managed by Krishan Kumar Daga, please refer page 45.



l INvESTmENT ObjECTIvEThe objective of this plan is to invest 80% to 90% of the net assets of the plan in companies whose securities are included in SEnSEx and between 10% & 20% of the net assets in companies whose securities are not included in the SEnSEx.

l FuNd maNagEr ¥








l bENCHmarK INdExS&p BSE SEnSEx (Total Returns Index)



load of 1.00% is payable if units are redeemed / switched-out within 30 days from the date of allotment.

l no Exit load is payable if units are redeemed / switched-out after 30 days from the date of allotment.


l plaNSSEnSEx plus plan - Regular planSEnSEx plus plan - Direct plan





HDFC Index Fund SENSEX Plus Plan (An open-ended Index Linked scheme)



l Investment in equity securities of 80% to 90% of the net assets of the plan in companies whose securities are included in SEnSEx and between 10% & 20% of the net assets in companies whose securities are not included in the SEnSEx.




per unit (`)

Scheme returns

(%)^

benchmark returns

(%)#


returns (%) ##






^benchmark



^past performance may or may not be sustained in the future. The above returns are for Regular plan - Growth option. Returns greater than 1 year period are compounded annualized (CAGR). # S&p BSE SEnSEx (Total Returns Index) ## nifty 50 Index. @ shows the current value of ` 10,000/- invested at the beginning of a given period. Since inception returns are calculated on ` 32.1610. For performance of other schemes managed by Krishan Kumar Daga, please refer page 45.


SIp10 year

SIp5 year

SIp3 year

SIp1 year


past performance may or may not be sustained in the future. # S&p BSE SEnSEx (Total Returns Index) ## nifty 50 Index. 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. Load is not taken into consideration for computation of performance. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. The AMC / Mutual Fund is not guaranteeing or promising or forecasting any returns. SIP does not assure a profit or guarantee protection against a loss in a declining market.



Durables 7.16Housing Development Finance Corporation ltd.£ Finance 7.08Reliance Industries ltd. petroleum products 5.74ICICI Bank ltd. Banks 5.16Tata Consultancy Services ltd. Software 4.75larsen & Toubro ltd. Construction project 4.38Axis Bank ltd. Banks 3.16Tata Motors ltd. Auto 3.16Total of Top Ten Holdings 58.03Total Equity & Equity related Holdings 99.73Cash, Cash Equivalents and net Current Assets 0.27grand Total 100.00For complete portfolio, please visit www.hdfcfund.com

£ Co-sponsor


0.400.630.630.810.821.061.331.371.381.792.653.15

4.386.647.08

8.8010.0411.00

15.0720.70

0 5 10 15 20 25Industrial Capital Goods

GasTransportationFerrous Metals

Industrial ProductsPower

Minerals/MiningPesticides

OilTelecom -Services

ChemicalsCement

Construction ProjectPharmaceuticals

FinancePetroleum Products

AutoConsumer Non Durables

SoftwareBanks




l INvESTmENT ObjECTIvE

To provide investment returns that, before expenses, closely correspond to the total returns of the Securities as represented by the S&p BSE SEnSEx Index subject to tracking errors.

l FuNd maNagEr ¥

Krishan Kumar daga (since December 09, 15) Total Experience: over 25 years

l INCEpTION daTE (date of allotment)

December 09, 2015

Nav (aS ON maY 31, 2016) Nav pEr uNIT (`)

Growth option 2,684.65

aSSETS uNdEr maNagEmENT (`) IN CrOrE

As on May 31, 2016 2.11Average for Month of May, 2016 2.03

l quaNTITaTIvE daTa

portfolio Turnover Ratio (last 1 year) 131.67%

l TOTal ExpENSE raTIO (Weighted average for the month) €

HDFC Sensex ETF 0.08%


l bENCHmarK INdEx

S&p BSE SEnSEx Index

l ENTrY lOad

not Applicable.

l ExIT lOad

For Creation unit Size:l no Exit load will be levied on redemptions made by

Authorised participants / large Investors directly with the Fund in Creation unit Size.

For other than Creation unit Size:l n.A.

The units of HSETF in other than Creation unit Size cannot be directly redeemed with the Fund.

These units can be redeemed (sold) on a continuous basis on the nSE and BSE during the trading hours on all trading days.

Refer SID for further details.


l plaNS

HDFC SEnSEx ETF

l OpTIONS

presently the Scheme does not offer any plans/options for investment

l mINImum applICaTION amOuNT (under each plan / Option)

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.


HDFC SENSEX ETF (An open-ended Exchange Traded Fund)


l Returns that are commensurate with the performance of the S&p BSE SEnSEx, subject to tracking errors over long term.

l Investment in equity securities covered by the S&p BSE SEnSEx.



Face Value per unit: ` 2,503.61, + Industry Classification as recommended by AMFI, Data is as of May 31, 2016 unless otherwise specified.





ITC ltd. Consumer non Durables 8.13






Tata Motors ltd. Auto 3.59





grand Total 100.00


£ Co-sponsor


0.45

0.71

0.72

0.92

1.21

1.51

1.55

2.02

4.96

6.51

7.52

8.04

11.43

12.45

17.15

21.63

0 5 10 15 20 25


Gas

Transportation

Ferrous Metals

Power

Minerals/Mining

Oil

Telecom - Services


Petroleum Products

Pharmaceuticals

Finance

Auto


Software

Banks




To provide investment returns that, before expenses, closely correspond to the total returns of the Securities as represented by the nifty 50 Index subject to tracking errors.

l FuNd maNagEr ¥

Krishan Kumar daga (since December 09, 15) Total Experience: over 25 years


December 09, 2015


Growth option 818.25



l quaNTITaTIvE daTa

portfolio Turnover Ratio (last 1 year) 37.31%


HDFC nifty ETF 0.05%


l bENCHmarK INdEx

nifty 50 Index

l ENTrY lOad

not Applicable.

l ExIT lOad

For Creation unit Size:l no Exit load will be levied on redemptions made by

Authorised participants / large Investors directly with the Fund in Creation unit Size.

For other than Creation unit Size:l n.A.

The units of HnETF in other than Creation unit Size cannot be directly redeemed with the Fund.

These units can be redeemed (sold) on a continuous basis on the nSE and BSE during the trading hours on all trading days.

Refer SID for further details.


l plaNS

HDFC nifty ETF

l OpTIONS

presently the Scheme does not offer any plans/options for investment


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.



l Returns that are commensurate with the performance of the nifty 50, subject to tracking errors over long term.

l Investment in equity securities covered by the nifty 50.







ITC ltd. Consumer non Durables 6.59






Tata Motors ltd. Auto 2.97





grand Total 100.00


£ Co-sponsor


0.360.450.580.580.660.680.750.811.231.262.022.733.104.03

6.136.526.79

10.0910.64

16.5723.45

0 5 10 15 20 25

Industrial Capital GoodsNon - Ferrous Metals

GasTransportation

Telecom - Equipment & AccessoriesAuto AncillariesFerrous Metals

Media And EntertainmentMinerals/Mining


PowerCement



Consumer Non DurablesAuto

SoftwareBanks



HDFC NIFTy ETF (An open-ended Exchange Traded Fund)


HDFC Balanced Fund (An open-ended balanced scheme)

portfolio - Top 10 HoldingsIssuer Industry+/rating % to

NavEquITY & EquITY rElaTEdInfosys ltd. Software 5.48HDFC Bank ltd. Banks 5.10Reliance Industries ltd. petroleum products 3.73ICICI Bank ltd. Banks 3.52larsen & Toubro ltd. Construction project 2.87State Bank of India Banks 1.94Axis Bank ltd. Banks 1.92Tata Motors ltd. DVR Auto 1.92Aurobindo pharma ltd. pharmaceuticals 1.83Indusind Bank ltd. Banks 1.68Total of Top Ten Holdings 29.99Total Equity & Equity related Holdings 70.98g-SEC, CrEdIT ExpOSurEGovernment Securities Sovereign 23.44Tata Sons ltd. CRISIl - AAA 0.91Vedanta ltd. CRISIl - AA- 0.28Hindalco Industries ltd. CRISIl - AA- 0.17power Finance Corporation ltd. CRISIl - AAA 0.14State Bank of India CRISIl - AAA 0.04Total g-Sec, Credit Exposure 24.98Cash, Cash Equivalents and net Current Assets 4.04grand Total 100.00For complete portfolio, please visit www.hdfcfund.com

This product is suitable for investors who are seeking ~ riskometerl Capital appreciation along with current income over

long term.l Investment predominantly in equity and equity related

instruments with balance exposure to debt and money market instruments.

Investors understand that their principal will be at moderately high risk~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


0.200.440.650.830.860.860.920.981.011.111.491.701.802.242.292.522.953.914.184.464.805.37

8.5016.91

0 4 8 12 16 20

TransportationMedia And Entertainment

Industrial Capital Goods Telecom - Services

Ferrous MetalsOil

Non - Ferrous MetalsTrading

ChemicalsConstruction

FinanceHotels, Resorts & Other Recreational Activities

PesticidesConsumer Durables

PowerAuto Ancillaries

Consumer Non DurablesIndustrial Products

PharmaceuticalsAuto

Petroleum ProductsConstruction Project

SoftwareBanks

Equity 70.98G-Sec 23.44Credit Exposure 1.54Cash, Cash Equivalents and net Current Assets 4.04

Equity 70.98Sovereign 23.44AAA/AAA(SO)/A1+/A1+(SO) & Equivalent 1.09AA+ & Below 0.45Cash, Cash Equivalents and net Current Assets 4.04

Portfolio Classification by Asset Class (%) Portfolio Classification by Rating Class (%)


SIp15 year

SIp10 year

SIp5 year

SIp3 year

SIp1 year

SIpTotal Amount Invested (` ‘000) 1,870.00 1,800.00 1,200.00 600.00 360.00 120.00 Mkt Value as on March 31, 2016 (` ‘000) 8,303.46 7,556.18 2,715.02 898.41 456.76 119.41 returns (annualised) (%) 17.24 17.33 15.59 16.16 16.10 -0.92Benchmark Returns (Annualised) (%) # N.a. N.a. 8.59 8.75 7.10 -1.47Addl. Benchmark Ret. (Annualised) (%) ## 12.93 13.01 8.14 8.05 5.19 -7.07

past performance may or may not be sustained in the future. # CRISIl Balanced Fund Index ## nifty 50 Index n.A. not Available. 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. load is not taken into consideration for computation of performance. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. The AMC / Mutual Fund is not guaranteeing or promising or forecasting any returns.

l INvESTmENT ObjECTIvETo generate capital appreciation along with current income from a combined portfolio of equity & equity related and debt and money market instruments.

l FuNd maNagEr ¥

Chirag Setalvad (since April 2, 07) Total Experience - over 19 years




l quaNTITaTIvE daTaportfolio Turnover Ratio (last 1 year) 68.05%Average Maturity * 12.69 yearsModified Duration * 6.59 yearsyield to Maturity * 7.68%* Computed on the invested amount for debt portfolio.



l bENCHmarK INdExCRISIl Balanced Fund Index


l ExIT lOad

l In respect of each purchase / switch-in of units, upto 15% of the units may be redeemed without any exit load from the date of allotment.

l Any redemption in excess of the above limit shall be subject to the following exit load:

n Exit load of 1.00% is payable if units are redeemed / switched-out within 1 year from the date of allotment of units.







For Tax Benefits / Consequences, Please refer to page 45¥ Dedicated Fund Manager for overseas Investments: Mr Rakesh Vyas (Total Experience - over 12 years).


per unit (`)

Scheme returns

(%)^

benchmark returns

(%)#


returns (%) ##

value of Investment of Scheme ̀ 10000@Scheme (`) benchmark

(`)#additional

benchmark (`)##

Mar 31, 15 last 1 year 107.455 -1.04 -2.90 -8.86 9,896 9,710 9,114Mar 31, 14 last 2 years 74.107 19.76 9.06 7.43 14,349 11,897 11,543Mar 28, 13 last 3 years 60.643 20.50 10.46 10.80 17,535 13,491 13,618Sep 11, 00 Since Inception 10.000 16.41 n.A. 11.33 106,336 n.A. 53,136

discrete 12 month returns (%)period Scheme^ benchmark # additional benchmark ##Mar 31, 15 To Mar 31, 16 -1.04 -2.90 -8.86Mar 31, 14 To Mar 31, 15 45.00 22.53 26.65Mar 28, 13 To Mar 31, 14 22.00 13.29 17.82

^past performance may or may not be sustained in the future. The above returns are for Regular plan - Growth option. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIl Balanced Fund Index ## nifty 50 Index. 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 of dividend option under the schemes for the investors would be net of distribution tax as applicable. load is not taken into consideration for computation of performance. @ shows the current value of ̀ 10,000/- invested at the beginning of a given period. n.A.: not Available. For performance of other schemes managed by Chirag Setalvad, please refer page 45.



l INvESTmENT ObjECTIvETo provide periodic returns and capital appreciation over a long period of time, from a judicious mix of equity and debt investments, with the aim to prevent / minimise any capital erosion. under normal circumstances, it is envisaged that the debt : equity mix would vary between 25:75 and 40:60 respectively. This mix may achieve the investment objective, may result in regular income, capital appreciation and may also prevent capital erosion.










l ExIT lOadl In respect of each purchase / switch-in of units, upto 15%

of the units may be redeemed without any exit load from the date of allotment.



l no Exit load is payable if units are redeemed / switched-out after 1 year from the date of allotment..





l rEdEmpTION prOCEEdSnormally despatched within 3-4 Business Days.For Tax Benefits / Consequences, Please refer to page 45§ Date of migration from Zurich India Mutual Fund (Close of business hours - June 19, 03¥ Dedicated Fund Manager for overseas Investments: Mr Rakesh Vyas (Total Experience - over 12 years).

HDFC Prudence Fund (An open-ended balanced scheme)

This product is suitable for investors who are seeking ~ riskometerl periodic income with capital appreciation and

prevention of capital erosion over long term.

l Investment predominantly in equity and equity related instruments with balance exposure to debt and money market instruments.



SIp15 year

SIp10 year

SIp5 year

SIp3 year

SIp1 year

SIpTotal Amount Invested (` ‘000) 2,660.00 1,800.00 1,200.00 600.00 360.00 120.00 Mkt Value as on March 31, 2016 (` ‘000) $$ 39,009.87 9,311.36 2,468.83 823.18 427.74 115.39 returns (annualised) (%) $$ 20.35 19.70 13.82 12.61 11.53 -7.06Benchmark Returns (Annualised) (%) # N.a. N.a. 8.59 8.75 7.10 -1.47Addl. Benchmark Ret. (Annualised) (%) ## 11.49 13.01 8.14 8.05 5.19 -7.07

past performance may or may not be sustained in the future. # CRISIl Balanced Fund Index ## nifty 50 Index. n.A. not Available. 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. load is not taken into consideration for computation of performance. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. The AMC/Mutual Fund is not guaranteeing or promising or forecasting any returns. SIP does not assure a profit or guarantee protection against a loss in a declining market.


NavEquITY & EquITY rElaTEdICICI Bank ltd. Banks 5.74State Bank of India Banks 5.58Infosys ltd. Software 4.87larsen & Toubro ltd. Construction project 4.65Aarti Industries ltd. Chemicals 3.57Axis Bank ltd. Banks 2.56Aurobindo pharma ltd. pharmaceuticals 2.25Tata Steel ltd. Ferrous Metals 2.23Tata Motors ltd. DVR Auto 2.15Bank of Baroda Banks 2.00Total of Top Ten Holdings 35.60Total Equity & Equity related Holdings 74.75g-SEC, Cd/Cp, CrEdIT ExpOSurEGovernment Securities Sovereign 16.74IDBI Bank ltd. CRISIl - A 2.05Bank of India BRICKWoRKS - AA- 0.89Tata Motors Finance ltd. ICRA - A1+ 0.88Vedanta ltd. CRISIl - AA- 0.56punjab national Bank CARE - AA+ 0.24State Bank of Indore CRISIl - AAA 0.18ICICI Bank ltd. CRISIl - AAA 0.09Total g-Sec, Cd/Cp, Credit Exposure 21.63Cash Margin 0.10other Cash, Cash Equivalents and net Current Assets 3.52grand Total 100.00For complete portfolio, please visit www.hdfcfund.com


Portfolio Classification by Asset Class (%)



0.030.050.280.380.430.460.580.590.780.860.870.890.901.141.732.052.182.252.352.553.183.434.094.975.416.256.34

19.73

0 5 10 15 20Paper

Oil Textiles - Synthetic

TransportationFinance

Minerals/MiningNon - Ferrous Metals

Telecom - Equipment & Accessories Telecom - ServicesIndustrial Products

ConstructionConsumer Non Durables

Media And EntertainmentCommercial Services

PesticidesConsumer Durables


CementPower

Petroleum ProductsFerrous Metals

ChemicalsAuto

Industrial Capital GoodsSoftware

Construction ProjectBanks


Portfolio Classification by Rating Class (%)


per unit (`)

Scheme returns

(%)^$$

benchmark returns

(%)#


returns (%) ##

value of Investment of Scheme ̀ 10000@Scheme (`)

$$benchmark

(`)#additional

benchmark (`)##

Mar 31, 15 last 1 year 376.120 -6.05 -2.90 -8.86 9,395 9,710 9,114Mar 31, 14 last 2 years 265.172 15.41 9.06 7.43 13,326 11,897 11,543Mar 28, 13 last 3 years 222.466 16.61 10.46 10.80 15,884 13,491 13,618Feb 01, 94 Since Inception 10.000 18.81 n.A. 8.65 456,708 n.A. 62,917


^$$benchmark



^past performance may or may not be sustained in the future. The above returns are for Regular plan-Growth option. 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. # CRISIl Balanced Fund Index ## nifty 50 Index. @ shows the current value of ` 10,000/- invested at the beginning of a given period. $$ 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). n.A.: not Available. For performance of other schemes managed by prashant Jain, please refer page 45.


l INvESTmENT ObjECTIvETo generate long term capital appreciation.

l FuNd maNagEr ¥



Nav (aS ON maY 31, 2016) Nav pEr uNIT (`)Regular plan 85.378Direct plan 87.354






l ExIT lOadl For units subject to lock-in period: nIll For units not subject to lock-in period: n 3.00% if the units are redeemed / switched-out within

one year from the date of allotment; n 2.00% if the units are redeemed / switched-out between

the first and second year from the date of allotment; n 1.00% if the units are redeemed / switched-out between

the second and third year from the date of allotment; n nil if the units are redeemed / switched-out after third

year from the date of allotment.For further details, please refer to para ‘Exit load’ on pg 45.

l plaNSEquity Oriented - Investment plan - Regular plan, Investment plan - Direct plan

l OpTIONSnil


l rEdEmpTION prOCEEdSnormally despatched within 3-4 Business Days (Redemption is subject to completion of lock-in period, if opted).

l lOCK-IN pErIOdIf opted : Until the Unit holder (being the beneficiary child) attains the age of 18 years or until completion of 3 years from the date of allotment which ever is later.

For Tax Benefits / Consequences, Please refer to page 45¥ Dedicated Fund Manager for overseas Investments:

Mr Rakesh Vyas (Total Experience - over 12 years).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.

π Personal Accident Insurance Cover for Parent / Legal Guardian (upto the age of 80 years) of the unit holder, equivalent to 10 times the cost value of the outstanding units held by the unit holder under all the applications / account statements / folios, subject to a maximum amount of ` 10 lakhs per unit holder. The insurance premium in respect of the personal accident insurance cover will be borne by the AMC. This accident insurance cover is subject to conditions of the group personal accident insurance policy.

HDFC Children’s Gift Fund Investment Plan (An open-ended balanced scheme) Ω π

This product is suitable for investors who are seeking ~ riskometerl Capital appreciation over long term.

l Investment in equity and equity related instruments as well as debt and money market instruments.



SIp15 year

SIp10 year

SIp5 Year

SIp3 Year

SIp1 Year

SIpTotal Amount Invested (` ‘000) 1,810.00 1,800.00 1,200.00 600.00 360.00 120.00 Mkt Value as on March 31, 2016 (` ‘000) $ 7,192.73 7,086.35 2,693.38 876.28 439.91 118.73 returns (annualised) (%) $ 16.60 16.60 15.44 15.14 13.47 -1.96Benchmark Returns (Annualised) (%) # N.a. N.a. 8.59 8.75 7.10 -1.47Addl. Benchmark Ret. (Annualised) (%) ## 13.00 13.01 8.14 8.05 5.19 -7.07

past performance may or may not be sustained in the future. # CRISIl Balanced Fund Index ## nifty 50 Index. n.A. not Available. 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. load is not taken into consideration for computation of performance. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. The AMC/Mutual Fund is not guaranteeing or promising or forecasting any returns. SIP does not assure a profit or guarantee protection against a loss in a declining market.


NavEquITY & EquITY rElaTEdHDFC Bank ltd. Banks 5.62Infosys ltd. Software 5.58ICICI Bank ltd. Banks 3.66Reliance Industries ltd. petroleum products 3.19Motherson Sumi Systems ltd. Auto Ancillaries 2.52State Bank of India Banks 2.24larsen & Toubro ltd. Construction project 2.17Fag Bearings India ltd. Industrial products 2.08Britannia Industries ltd. Consumer non

Durables 2.06Axis Bank ltd. Banks 1.96Total of Top Ten Holdings 31.08Total Equity & Equity related Holdings 73.32g-SEC, CrEdIT ExpOSurEGovernment Securities Sovereign 19.64Tata Sons ltd. CRISIl - AAA 3.06Vedanta ltd. CRISIl - AA- 0.46Total g-Sec, Credit Exposure 23.16Cash, Cash Equivalents and net Current Assets 3.52grand Total 100.00For complete portfolio, please visit www.hdfcfund.com


0.050.220.290.450.540.950.981.001.151.421.492.042.052.062.172.833.193.283.774.234.66

9.6610.43

14.41

0 2 4 6 8 10121416Transportation

FertilisersRetailingServices

Industrial Capital GoodsFerrous Metals

Non - Ferrous Metals Telecom - Services

Hotels, Resorts & Other Recreational ActivitiesConstruction

PowerMedia And Entertainment

Consumer DurablesPesticides

FinanceConsumer Non Durables

Petroleum ProductsAuto


Construction ProjectSoftware

Industrial ProductsBanks


per unit (`)

Scheme returns (%)^$

benchmark returns

(%)#


returns (%) ##


$benchmark

(`)#additional

benchmark (`)##

Mar 31, 15 last 1 year 83.575 -2.09 -2.90 -8.86 9,791 9,710 9,114Mar 31, 14 last 2 years 60.842 15.95 9.06 7.43 13,449 11,897 11,543Mar 28, 13 last 3 years 48.260 19.17 10.46 10.80 16,955 13,491 13,618Mar 02, 01 Since Inception 10.000 16.96 n.A. 12.51 106,375 n.A. 59,237discrete 12 month returns (%)

period Scheme ^$

benchmark #

additional benchmark ##

Mar 31, 15 To Mar 31, 16 -2.09 -2.90 -8.86Mar 31, 14 To Mar 31, 15 37.36 22.53 26.65Mar 28, 13 To Mar 31, 14 25.83 13.29 17.82

^past performance may or may not be sustained in the future. The above returns are for Regular plan - Growth option. 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. # CRISIl Balanced Fund Index ## nifty 50 Index. @ shows the current value of ` 10,000/- invested at the beginning of a given period. $ Adjusted for Bonus units declared under the Scheme. n.A.: not Available. For performance of other schemes managed by Chirag Setalvad, please refer page 45.







l INvESTmENT ObjECTIvETo generate long term capital appreciation.

l FuNd maNagEr ¥



Nav (aS ON maY 31, 2016) Nav pEr uNIT (`)Regular plan 37.8564Direct plan 38.9231


l quaNTITaTIvE daTaAverage Maturity * 8.16 yearsModified Duration * 4.82 yearsyield to Maturity * 7.89%* Computed on the invested amount for debt portfolio.


l bENCHmarK INdExCRISIl MIp Blended Index


l ExIT lOadl For units subject to lock-in period: nIll For units not subject to lock-in period: n 3.00% if the units are redeemed / switched-out within

one year from the date of allotment; n 2.00% if the units are redeemed / switched-out between

the first and second year from the date of allotment; n 1.00% if the units are redeemed / switched-out between

the second and third year from the date of allotment; n nil if the units are redeemed / switched-out after third

year from the date of allotment.For further details, please refer to para ‘Exit load’ on pg 45.

l plaNSdebt Oriented - Savings plan - Regular plan, Savings plan - Direct plan

l OpTIONSnil


l rEdEmpTION prOCEEdSnormally despatched within 3-4 Business Days (Redemption is subject to completion of lock-in period, if opted).

l lOCK-IN pErIOdIf opted : Until the Unit holder (being the beneficiary child) attains the age of 18 years or until completion of 3 years from the date of allotment which ever is later.


Mr Rakesh Vyas (Total Experience - over 12 years).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.

π Personal Accident Insurance Cover for Parent / Legal Guardian (upto the age of 80 years) of the unit holder, equivalent to 10 times the cost value of the outstanding units held by the unit holder under all the applications / account statements / folios, subject to a maximum amount of ` 10 lakhs per unit holder. The insurance premium in respect of the personal accident insurance cover will be borne by the AMC. This accident insurance cover is subject to conditions of the group personal accident insurance policy.

HDFC Children’s Gift Fund Savings Plan (An open-ended balanced scheme) Ω π


SIp15 year

SIp10 year

SIp5 Year

SIp3 Year

SIp1 Year

SIpTotal Amount Invested (` ‘000) 1,810.00 1,800.00 1,200.00 600.00 360.00 120.00 Mkt Value as on March 31, 2016 (` ‘000) $ 4,242.44 4,194.31 2,090.02 786.88 424.59 123.42 returns (annualised) (%) $ 10.52 10.51 10.69 10.79 11.02 5.33Benchmark Returns (Annualised) (%) # N.a. N.a. 8.35 9.26 9.41 6.62Addl. Benchmark Ret. (Annualised) (%) ## N.a. N.a. 6.93 8.17 9.30 9.71

past performance may or may not be sustained in the future. # CRISIl MIp Blended Index ## CRISIl 10 year Gilt Index. n.A. not Available. 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. load is not taken into consideration for computation of performance. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. The AMC / Mutual Fund is not guaranteeing or promising or forecasting any returns. SIP does not assure a profit or guarantee protection against a loss in a declining market.


per unit (`)

Scheme returns

(%)^$$

benchmark returns

(%)#


returns (%) ##


$benchmark

(`)#additional

benchmark (`)##

Mar 31, 15 last 1 year 35.5137 4.23 5.67 7.97 10,423 10,567 10,797Mar 31, 14 last 2 years 28.8000 13.35 10.91 11.21 12,853 12,305 12,371Mar 28, 13 last 3 years 26.4045 11.87 9.40 6.98 14,019 13,107 12,252Mar 02, 01 Since Inception 10.0000 10.97 n.A. n.A. 48,123 n.A. n.A.


^$benchmark


##Mar 31, 15 To Mar 31, 16 4.23 5.67 7.97Mar 31, 14 To Mar 31, 15 23.31 16.45 14.57Mar 28, 13 To Mar 31, 14 9.00 6.46 -0.95

^past performance may or may not be sustained in the future. The above returns are for Regular plan - Growth option. 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. # CRISIl MIp Blended Index ## CRISIl 10 year Gilt Index. @ shows the current value of ` 10,000/- invested at the beginning of a given period. $ Adjusted for Bonus units declared under the Scheme. n.A.: not Available. For performance of other schemes managed by Chirag Setalvad, please refer page 45.


Nav

EquITY & EquITY rElaTEdInfosys ltd. Software 1.71Axis Bank ltd. Banks 1.08ICICI Bank ltd. Banks 0.90Suprajit Engineering ltd. Auto Ancillaries 0.82Carborundum universal ltd. Industrial products 0.73Cholamandalam Investment and Finance Company ltd. Finance 0.72Vesuvius India ltd. Industrial products 0.70Torrent pharmaceuticals ltd. pharmaceuticals 0.70Greenply Industries ltd. Consumer Durables 0.67Blue Star ltd. Consumer Durables 0.66Total of Top Ten Holdings 8.69Total Equity & Equity related Holdings 18.93

Issuer Industry+/rating % to Nav

g-SEC, CrEdIT ExpOSurE

Government Securities Sovereign 54.95

Tata Sons ltd. CRISIl - AAA 5.64

lIC Housing Finance ltd. CRISIl - AAA 4.63

power Finance Corporation ltd. CRISIl - AAA 3.88

Vedanta ltd. CRISIl - AA- 3.04

State Bank of India CRISIl - AAA 2.70

Total g-Sec, Credit Exposure 74.84


grand Total 100.00







This product is suitable for investors who are seeking ~ riskometerl Capital appreciation over medium to long term.l Investment in debt and money market instruments as

well as equity and equity related instruments.

Investors understand that their principal will be at moderate risk~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


l INvESTmENT ObjECTIvETo generate regular returns through investment primarily in Debt and Money Market Instruments. The secondary objective of the Scheme is to generate long-term capital appreciation by investing a portion of the Scheme’s assets in equity and equity related instruments. Monthly Income is not assured & is subject to availability of distributable surplus.

l FuNd maNagEr ¥

vinay Kulkarni (Equities) (since november 21, 06) Total Experience: over 26 years &Shobhit mehrotra (Debt) (since February 16, 04) Total Experience: over 22 years

l INCEpTION daTE (date of allotment)December 26, 2003

Nav (aS ON maY 31, 2016) Nav pEr uNIT (`)Growth option 25.7001Monthly Dividend option 11.2078quarterly Dividend option 11.7430Direct plan - Growth option 26.2602Direct plan - Monthly Dividend option 11.4835Direct plan - quarterly Dividend option 12.0283






l ExIT lOadl In respect of each purchase / switch-in of units, 15% of

the units (“the limit”) may be redeemed without any exit load from the date of allotment.

l Any redemption in excess of the limit shall be subject to the following exit load:




l plaNSShort Term plan (STp) - Regular planShort Term plan (STp) - Direct plan

l OpTIONSunder Each plan : Growth, Monthly Dividend & quarterly Dividend option. The Dividend option offers Dividend payout and Reinvestment facility.

l mINImum applICaTION amOuNT (under each plan / Option)purchase :(Growth & quarterly Dividend option) - ` 5,000 and any amount thereafter.(Monthly Dividend option) - ̀ 25,000 and any amount thereafter.Additional purchase : ` 1,000 and any amount thereafter.



Mr Rakesh Vyas (Total Experience - over 12 years).

This product is suitable for investors who are seeking ~ riskometerl Regular income over medium to long term.

l Investment in debt and money market instruments as well as equity and equity related instruments.



SIp10 year

SIp5 Year

SIp3 Year

SIp1 Year

SIpTotal Amount Invested (` ‘000) 1,480.00 1,200.00 600.00 360.00 120.00 Mkt Value as on March 31, 2016 (` ‘000) 2,448.99 1,805.54 737.37 403.82 121.97 returns (annualised) (%) 7.83 7.92 8.18 7.61 3.06Benchmark Returns (Annualised) (%) # 8.23 8.35 9.26 9.41 6.62Addl. Benchmark Ret. (Annualised) (%) ## 6.57 6.93 8.17 9.30 9.71

past performance may or may not be sustained in the future. # CRISIl MIp Blended Index ## CRISIl 10 year Gilt Index. 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. Load is not taken into consideration for computation of performance. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. The AMC / Mutual Fund is not guaranteeing or promising or forecasting any returns. SIP does not assure a profit or guarantee protection against a loss in a declining market.


HDFC MF MIP - Short Term Plan (An open-ended income scheme. Monthly income is not assured and is subject to availability of distributable surplus)


per unit (`)

Scheme returns

(%)^

benchmark returns

(%)#


returns (%) ##


(`)#additional

benchmark (`)##

Mar 31, 15 last 1 year 24.5546 2.69 5.67 7.97 10,269 10,567 10,797Mar 31, 14 last 2 years 21.1442 9.19 10.91 11.21 11,926 12,305 12,371Mar 28, 13 last 3 years 19.5573 8.81 9.40 6.98 12,893 13,107 12,252Dec 26, 03 Since Inception 10.0000 7.83 7.66 5.27 25,216 24,748 18,771discrete 12 month returns (%)

period Scheme ^

benchmark #


Mar 31, 15 To Mar 31, 16 2.69 5.67 7.97Mar 31, 14 To Mar 31, 15 16.13 16.45 14.57Mar 28, 13 To Mar 31, 14 8.05 6.46 -0.95

^past performance may or may not be sustained in the future. The above returns are for Regular plan - Growth option. 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. # CRISIl MIp Blended Index ## CRISIl 10 year Gilt Index. @ shows the current value of ` 10,000/- invested at the beginning of a given period. For performance of other schemes managed by Vinay Kulkarni (Equities) and Shobhit Mehrotra (Debt), please refer page 45.

Equity 18.19G-Sec, SDl 33.80CD/Cp 2.06Credit Exposure 41.85Cash, Cash Equivalents and net Current Assets 4.10




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 May 31, 2016 unless otherwise specified.


EquITY & EquITY rElaTEdSolar Industries India ltd. Chemicals 1.59ICICI Bank ltd. Banks 1.31Bank of Baroda Banks 1.27nHpC ltd. power 1.25State Bank of India Banks 1.10Century Textiles & Industries ltd. Cement 0.98KEC International ltd. Construction project 0.89HDFC Bank ltd. Banks 0.84larsen & Toubro ltd. Construction project 0.76Cipla ltd. pharmaceuticals 0.67Total of Top Ten Holdings 10.66Total Equity & Equity related Holdings 18.19g-SEC, Sdl, Cd/Cp, CrEdIT ExpOSurEGovernment Securities Sovereign 33.80State Bank of India CRISIl - AAA 10.77


Infiniti Retail Ltd. (Subsidiary of Tata Sons) CARE - A+ 4.77Hindalco Industries ltd. CRISIl - AA- 3.58lIC Housing Finance ltd. CARE - AAA / CRISIl

- AAA 2.42Rural Electrification Corporation ltd. CRISIl - AAA 2.31Magma Fincorp ltd. CARE - A1+ 2.06Tata Steel ltd. CARE - AA 1.93India Infoline Housing Finance ltd. CRISIl - AA- 1.87Export - Import Bank of India CRISIl - AAA 1.84Total of Top Ten Holdings 65.35Total g-Sec, Sdl, Cd/Cp, Credit Exposure 77.71Cash, Cash Equivalents and net Current Assets 4.10grand Total 100.00For complete portfolio, please visit www.hdfcfund.com


l INvESTmENT ObjECTIvETo generate regular returns through investment primarily in Debt and Money Market Instruments. The secondary objective of the Scheme is to generate long-term capital appreciation by investing a portion of the Scheme’s assets in equity and equity related instruments. Monthly Income is not assured & is subject to availability of distributable surplus.

l FuNd maNagEr ¥

prashant jain (Equities) (since December 26, 03) Total Experience: over 25 years &Shobhit mehrotra (Debt) (since September 1, 07) Total Experience: over 22 years

l INCEpTION daTE (date of allotment)December 26, 2003

Nav (aS ON maY 31, 2016) Nav pEr uNIT (`)Growth option 36.6213Monthly Dividend option 13.8008quarterly Dividend option 14.4960Direct plan - Growth option 37.1847Direct plan - Monthly Dividend option 14.0473Direct plan - quarterly Dividend option 14.7550






l ExIT lOadl In respect of each purchase / switch-in of units, 15% of

the units (“the limit”) may be redeemed without any exit load from the date of allotment.

l Any redemption in excess of the limit shall be subject to the following exit load:




l plaNSlong Term plan (lTp) - Regular planlong Term plan (lTp) - Direct plan

l OpTIONSunder Each plan : Growth, Monthly Dividend & quarterly Dividend option. The Dividend option offers Dividend payout and Reinvestment facility.

l mINImum applICaTION amOuNT (under each plan / Option)purchase :(Growth & quarterly Dividend option) - ` 5,000 and any amount thereafter.(Monthly Dividend option) - ̀ 25,000 and any amount thereafter.Additional purchase : ` 1,000 and any amount thereafter.



Mr Rakesh Vyas (Total Experience - over 12 years).

This product is suitable for investors who are seeking ~ riskometerl Regular income over medium to long term.

l Investment in debt and money market instruments as well as equity and equity related instruments.



SIp10 year

SIp5 Year

SIp3 Year

SIp1 Year


past performance may or may not be sustained in the future. # CRISIl MIp Blended Index ## CRISIl 10 year Gilt Index. 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. Load is not taken into consideration for computation of performance. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. The AMC / Mutual Fund is not guaranteeing or promising or forecasting any returns. SIP does not assure a profit or guarantee protection against a loss in a declining market.


HDFC MF MIP - Long Term Plan (An open-ended income scheme. Monthly income is not assured and is subject to availability of distributable surplus)


per unit (`)

Scheme returns

(%)^

benchmark returns

(%)#


returns (%) ##


(`)#additional

benchmark (`)##

Mar 31, 15 last 1 year 34.5855 2.46 5.67 7.97 10,246 10,567 10,797Mar 31, 14 last 2 years 28.4688 11.55 10.91 11.21 12,448 12,305 12,371Mar 28, 13 last 3 years 26.2219 10.52 9.40 6.98 13,514 13,107 12,252Dec 26, 03 Since Inception 10.0000 10.86 7.66 5.27 35,437 24,748 18,771


^benchmark



^past performance may or may not be sustained in the future. The above returns are for Regular plan - Growth option. 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. # CRISIl MIp Blended Index ## CRISIl 10 year Gilt Index. @ shows the current value of ` 10,000/- invested at the beginning of a given period. For performance of other schemes managed by prashant Jain (Equities) and Shobhit Mehrotra (Debt), please refer page 45.







EquITY & EquITY rElaTEdInfosys ltd. Software 1.82ICICI Bank ltd. Banks 1.82State Bank of India Banks 1.50Axis Bank ltd. Banks 1.49larsen & Toubro ltd. Construction project 1.23Maruti Suzuki India ltd. Auto 1.18ITD Cementation India ltd. Construction 1.12KEC International ltd. Construction project 1.04pnC Infratech ltd. Construction 0.96Tata Motors ltd. DVR Auto 0.82Total of Top Ten Holdings 12.98Total Equity & Equity related Holdings 25.52g-SEC, CrEdIT ExpOSurEGovernment Securities Sovereign 46.13


Bank of Baroda CARE - AA 4.25Tata power Co. ltd. CRISIl - AA- 3.65Hindalco Industries ltd. CRISIl - AA- 3.05State Bank of India CRISIl - AAA 2.25Bank of India BRICKWoRKS - AA- 1.81IDBI Bank ltd. CRISIl - A 1.59union Bank of India CRISIl - AAA 1.43Corporation Bank CRISIl - A 1.29Tata Steel ltd. CARE - AA+ 0.82Total of Top Ten Holdings 66.27Total g-Sec, Credit Exposure 71.16Cash, Cash Equivalents and net Current Assets 3.32grand Total 100.00For complete portfolio, please visit www.hdfcfund.com


l INvESTmENT ObjECTIvETo provide capital appreciation and income distribution to the investors using arbitrage opportunities, investment in equity / equity related instruments and debt / money market instruments.

l FuNd maNagEr ¥

vinay Kulkarni (Equities) (since november 21, 06) Total Experience: over 26 years Krishan Kumar daga (Equities) (since January 08, 16) Total Experience: over 25 yearsanil bamboli (Debt) (since September 17, 04) Total Experience: over 22 years







l bENCHmarK INdEx40% CRISIl liquid Fund Index, 30% Crisil Short Term Bond Fund Index and 30% nifty 50


l ExIT lOadl In respect of each purchase / switch-in of units, upto 15%

of the units may be redeemed without any exit load from the date of allotment.










£ Co-sponsor


HDFC Equity Savings Fund (An open-ended equity scheme)


Nav

EquITY & EquITY rElaTEdlarsen & Toubro ltd. Construction project 4.43nTpC ltd. power 3.70ITC ltd. Consumer non

Durables 3.58CESC ltd. power 3.51Tata Motors ltd. DVR Auto 3.50Bharat Electronics ltd. Industrial Capital

Goods 3.42Bharat petroleum Corporation ltd. petroleum products 3.35Tata Consultancy Services ltd. Software 3.32Infosys ltd. Software 3.22Maruti Suzuki India ltd. Auto 2.89Total of Top Ten Holdings 34.92Total Equity & Equity related Holdings 69.37g-SEC, CrEdIT ExpOSurERepco Home Finance ltd ICRA - AA- 8.28Housing Development Finance Corporation ltd.£ CRISIl - AAA 5.10Rural Electrification Corporation Ltd. CRISIl - AAA 3.29Government Securities Sovereign 3.24power Finance Corporation ltd. CRISIl - AAA 2.93Total g-Sec, Credit Exposure 22.84Short Term Deposits as margin for Futures & options 6.88Cash, Cash Equivalents and net Current Assets 0.91

grand Total 100.00For complete portfolio, please visit www.hdfcfund.comoutstanding exposure in derivative instruments (` in Crore) 47.39

Hedged position in Equity & Equity related instrumentsoutstanding Derivative Exposure (% age) 30.59

This product is suitable for investors who are seeking ~ riskometerl Capital appreciation while generating income over

medium to long term.l provide capital appreciation and income distribution

to the investors by using equity and equity related instruments, arbitrage opportunities, and investments in debt and money market instruments.


SIp performanceSince Inception SIp 10 year SIp 5 Year SIp 3 Year SIp 1 Year SIp

Total Amount Invested (` ‘000) 1,390.00 1,200.00 600.00 360.00 120.00 Mkt Value as on March 31, 2016 (` ‘000) 2,330.22 1,863.11 721.53 395.03 121.53 returns (annualised) (%) 8.56 8.52 7.31 6.13 2.38Benchmark Returns (Annualised) (%) # 8.89 8.57 8.88 7.98 3.69Addl. Benchmark Ret. (Annualised) (%) ## 6.76 6.93 8.17 9.30 9.71

past performance may or may not be sustained in the future. # 30% Nifty 50 + 40% CRISIL Liquid Fund Index + 30% CRISIL Short Term Bond Fund Index ## CRISIl 10 year Gilt Index. n.A. not Available. 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. load is not taken into consideration for computation of performance. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. The AMC / Mutual Fund is not guaranteeing or promising or forecasting any returns.


per unit (`)

Scheme returns

(%)^

benchmark returns

(%)#


returns (%) ##


(`)#additional

benchmark (`)##

Mar 31, 15 last 1 year 25.9103 1.88 -2.12 7.97 10,188 9,788 10,797Mar 31, 14 last 2 years 23.1213 6.84 8.06 11.21 11,417 11,679 12,371Mar 28, 13 last 3 years 20.8083 8.22 9.99 6.98 12,686 13,321 12,252Sep 17, 04 Since Inception 10.0000 8.77 10.39 5.77 26,397 31,298 19,107discrete 12 month returns (%)

period Scheme^ benchmark# additional benchmark##Mar 31, 15 To Mar 31, 16 1.88 -2.12 7.97Mar 31, 14 To Mar 31, 15 12.06 19.32 14.57Mar 28, 13 To Mar 31, 14 11.02 13.94 -0.95

^past performance may or may not be sustained in the future. The above returns are for Regular plan - Growth option. Returns greater than 1 year period are compounded annualized (CAGR). # 30% Nifty 50 + 40% CRISIL Liquid Fund Index + 30% CRISIL Short Term Bond Fund Index ## CRISIl 10 year Gilt Index. Scheme performance may not strictly be comparable with that of its Additional Benchmark, since a portion of scheme’s investments are made in equity instruments. performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. load is not taken into consideration for computation of performance. @ shows the current value of ` 10,000/- invested at the beginning of a given period. For performance of other schemes managed by Vinay Kulkarni (Equities), Krishan Kumar Daga (Equities) and Anil Bamboli (Debt), please refer page 45.


0.170.180.36

0.891.011.281.411.43

2.372.832.88

3.514.43

6.207.07

7.688.208.638.84

0 1 2 3 4 5 6 7 8 9 10

Minerals/MiningConsumer Durables


ServicesGas

Non - Ferrous MetalsConstruction

Ferrous MetalsPharmaceuticalsAuto Ancillaries

Industrial Capital GoodsConstruction ProjectPetroleum Products

AutoBanksPower

SoftwareConsumer Non Durables




HDFC Multiple yield Fund - Plan 2005 (An open-ended income scheme)

This product is suitable for investors who are seeking ~ riskometerl positive returns over medium term with low risk of

capital loss over medium term.l Investment in debt and money market instruments

with maturity of 15 months (85%) as well as equity and equity related instruments (15%).

Investors understand that their principal will be at moderate risk~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


SIp10 year

SIp5 Year

SIp3 Year

SIp1 Year


past performance may or may not be sustained in the future. # CRISIl MIp Blended Index ## CRISIl 1 year T-Bill Index. 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. load is not taken into consideration for computation of performance. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. The AMC / Mutual Fund is not guaranteeing or promising or forecasting any returns.

l INvESTmENT ObjECTIvETo generate positive returns over medium time frame with low risk of capital loss over medium time frame.However, there can be no assurance that the investment objective of the Scheme will be achieved.

l FuNd maNagEr ¥

Chirag Setalvad (Equities) (since April 2, 07) Total Experience - over 19 years &anil bamboli (Debt) (since August 17, 05) Total Experience: over 22 years

l INCEpTION daTE (date of allotment)August 17, 2005



l quaNTITaTIvE daTaAverage Maturity * 116 daysModified Duration * 107 daysyield to Maturity * 8.06%* Computed on the invested amount for debt portfolio.















per unit (`)

Scheme returns

(%)^

benchmark returns

(%)#


returns (%) ##


(`)#additional

benchmark (`)##

Mar 31, 15 last 1 year 24.6749 4.42 5.67 7.69 10,442 10,567 10,769Mar 31, 14 last 2 years 21.1169 10.44 10.91 8.21 12,201 12,305 11,711Mar 28, 13 last 3 years 18.9437 10.75 9.40 7.39 13,601 13,107 12,395Aug 17, 05 Since Inception 10.0000 9.31 8.12 6.13 25,766 22,915 18,824discrete 12 month returns (%)

period Scheme ^

benchmark #


Mar 31, 15 To Mar 31, 16 4.42 5.67 7.69Mar 31, 14 To Mar 31, 15 16.85 16.45 8.74Mar 28, 13 To Mar 31, 14 11.37 6.46 5.79

^past performance may or may not be sustained in the future. The above returns are for Regular plan - Growth option. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIl MIp Blended Index ## CRISIl 1 year T-Bill 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. performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. load is not taken into consideration for computation of performance. @ shows the current value of ` 10,000/- invested at the beginning of a given period. For performance of other schemes managed by Chirag Setalvad (Equities) and Anil Bamboli (Debt), please refer page 45.

Equity 19.50CD/Cp 7.96Credit Exposure 68.59Cash, Cash Equivalents and net Current Assets 3.95


Equity 19.50AAA/AAA(SO)/A1+/A1+(SO) & Equivalent 43.83AA+ & Below 32.72Cash, Cash Equivalents and net Current Assets 3.95



NavEquITY & EquITY rElaTEdInfosys ltd. Software 1.09Carborundum universal ltd. Industrial products 1.01State Bank of India Banks 0.97Tata Motors ltd. DVR Auto 0.92Torrent pharmaceuticals ltd. pharmaceuticals 0.90Vesuvius India ltd. Industrial products 0.88Suprajit Engineering ltd. Auto Ancillaries 0.85Balrampur Chini Mills ltd. Consumer non

Durables 0.85Jagran prakashan ltd. Media And

Entertainment 0.84V.S.T Tillers Tractors ltd. Auto 0.75Total of Top Ten Holdings 9.06Total Equity & Equity related Holdings 19.50


Cd/Cp, CrEdIT ExpOSurEJyothy laboratories ltd. CARE - AA- 15.36Tata Motors Finance ltd. CRISIl - AA 14.58Rural Electrification Corporation Ltd. CRISIl - AAA 11.69Mahindra & Mahindra Financial Services ltd. FITCH - AAA 11.68Axis Bank ltd. CRISIL - A1+ 7.96power Finance Corporation ltd. CRISIl - AAA 6.65Housing Development Finance Corporation ltd.£ CRISIl - AAA 5.85Tata Motors ltd. CARE - AA+ 2.78Total Cd/Cp, Credit Exposure 76.55Cash, Cash Equivalents and net Current Assets 3.95grand Total 100.00

For complete portfolio, please visit www.hdfcfund.com£ Co-sponsor



HDFC Income Fund (An open-ended income scheme)

portfolio - Top 10 HoldingsIssuer rating % to

Nav

g-SEC, CrEdIT ExpOSurE


Tata power Co. ltd. CRISIl - AA- 2.03

Food Corporation of India CRISIl - AAA(So) 1.82

State Bank of Travancore CRISIl - AAA 1.75

State Bank of India CRISIl - AAA 1.44

Bank of Baroda CARE - AA, AA+ 1.30

nTpC ltd. CRISIl - AAA 1.29

Tata Steel ltd. CARE - AA 0.94

Issuer rating % to Nav

IDBI Bank ltd. CRISIl - A 0.50

Andhra pradesh Expressway ltd. ICRA - AAA(So) 0.42


Total g-Sec, Credit Exposure 96.13


grand Total 100.00



l Regular income over medium to long term.l To optimise returns while maintaining a balance of

safety, yield and liquidity by investment in debt and money market instruments.

Investors understand that their principal will be at moderate risk


l INvESTmENT ObjECTIvETo optimise returns while maintaining a balance of safety, yield and liquidity.

l FuNd maNagEr ¥

Shobhit mehrotra (since September 11, 07) Total Experience: over 22 years


Nav (aS ON maY 31, 2016) Nav pEr uNIT (`)Growth option 34.3096quarterly Dividend option 11.2514normal Dividend option 10.8189Direct plan - Growth option 35.3519Direct plan - quarterly Dividend option 11.6441Direct plan - normal Dividend option 11.1798





l bENCHmarK INdExCRISIl Composite Bond Fund Index







l OpTIONSunder Each plan : Growth, quarterly Dividend & normal Dividend. Both Dividend options offer payout and Reinvestment facility.





per unit (`)

Scheme returns

(%)^

benchmark returns

(%)#


returns (%) ##




(`)##Mar 31, 15 last 1 year 32.0389 5.49 8.24 7.97 10,549 10,824 10,797Mar 31, 14 last 2 years 27.5079 10.83 11.35 11.21 12,287 12,403 12,371Mar 28, 13 last 3 years 26.9711 7.78 8.96 6.98 12,531 12,947 12,252Sep 11, 00 Since Inception 10.0000 8.14 n.A. n.A. 33,798 n.A. n.A.


^benchmark



^past performance may or may not be sustained in the future. The above returns are for Regular plan - Growth option. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIl Composite Bond Fund 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. performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. load is not taken into consideration for computation of performance. @ shows the current value of ̀ 10,000/- invested at the beginning of a given period. n.A.: not Available. For performance of other schemes managed by Shobhit Mehrotra, please refer page 45.

G-Sec 84.28Credit Exposure 11.85Cash, Cash Equivalents and net Current Assets 3.87


Sovereign 84.28AAA/AAA(SO)/A1+/A1+(SO) & Equivalent 7.08AA+ & Below 4.77Cash, Cash Equivalents and net Current Assets 3.87




l INvESTmENT ObjECTIvETo generate income by investing in a range of debt and money market instruments of various maturity dates with a view to maximise income while maintaining the optimum balance of yield, safety and liquidity.

l FuNd maNagEr ¥

anil bamboli (since February 16, 04) Total Experience: over 22 years


Nav (aS ON maY 31, 2016) Nav pEr uNIT (`)Growth option 51.7800quarterly Dividend option 12.0583Half-yearly Dividend option 11.5575yearly Dividend option 12.6829normal Dividend option 11.0929Direct plan - Growth option 53.2838Direct plan - quarterly Dividend option 12.3743Direct plan - Half-yearly Dividend option 12.2729Direct plan - yearly Dividend option 13.0358Direct plan - normal Dividend option 11.2197


l quaNTITaTIvE daTaAverage Maturity * 13.69 yearsModified Duration * 7.23 yearsyield to Maturity * 7.80%* Computed on the invested amount.









l plaNSDynamic plan - Regular plan,Dynamic plan - Direct plan

l OpTIONSunder Each plan : Growth, normal Dividend, quarterly Dividend, Half yearly Dividend, & yearly Dividend. All Dividend options offer payout and Reinvestment facility.

l mINImum applICaTION amOuNT (under each plan / Option)purchase : ` 5,000 and any amount thereafter. Additional purchase : ` 1,000 and any amount thereafter.

l rEdEmpTION prOCEEdSnormally despatched within 3-4 Business Days.For Tax Benefits / Consequences, Please refer to page 45¥ Dedicated Fund Manager for overseas Investments: Mr Rakesh Vyas (Total Experience - over 12 years).

HDFC High Interest Fund Dynamic Plan (An open-ended income scheme)



g-SEC, Sdl, CrEdIT ExpOSurE


Food Corporation of India CRISIl - AAA(So) 2.00

Hindalco Industries ltd. CRISIl - AA- 1.86


Mahanagar Telephone nigam ltd. CARE - AAA(So) 1.41

State Bank of Travancore CRISIl - AAA 1.33

Bank of Baroda CARE - AA 0.79


national Bank for Agriculture & Rural Development CRISIl - AAA 0.40

Tata power Co. ltd. CRISIl - AA- 0.28

nTpC ltd. CRISIl - AAA 0.04


Total g-Sec, Sdl, Credit Exposure 93.90


grand Total 100.00



l Stable returns over medium to long term.l To maximize income while maintaining the optimum

balance of yield, safety and liquidity by investing in a range of debt and money market instruments of various maturity dates.



G-Sec, SDl 84.30Credit Exposure 9.60Cash, Cash Equivalents and net Current Assets 6.10






per unit (`)

Scheme returns

(%)^

benchmark returns

(%)#


returns (%) ##




(`)##

Mar 31, 15 last 1 year 48.2176 5.75 8.24 7.97 10,575 10,824 10,797

Mar 31, 14 last 2 years 41.2936 11.11 11.35 11.21 12,348 12,403 12,371

Mar 28, 13 last 3 years 39.2140 9.11 8.96 6.98 13,003 12,947 12,252

Apr 28, 97 Since Inception 10.0000 8.98 n.A. n.A. 50,991 n.A. n.A.


^benchmark


##

Mar 31, 15 To Mar 31, 16 5.75 8.24 7.97

Mar 31, 14 To Mar 31, 15 16.77 14.59 14.57

Mar 28, 13 To Mar 31, 14 5.26 4.36 -0.95

^past performance may or may not be sustained in the future. The above returns are for Regular plan - Growth option. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIl Composite Bond Fund Index ## CRISIl 10 year Gilt Index. performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. load is not taken into consideration for computation of performance. @ shows the current value of ` 10,000/- invested at the beginning of a given period. n.A.: not Available. For performance of other schemes managed by Anil Bamboli, please refer page 45.


l INvESTmENT ObjECTIvETo generate income by investing in a range of debt and money market instruments of various maturity dates with a view to maximising income while maintaining the optimum balance of yield, safety and liquidity. The objective is to cater to the needs of investors with shorter term investment horizons and to provide stable returns over shorter periods.

l FuNd maNagEr ¥

Shobhit mehrotra (since September 1, 07) Total Experience: over 22 years


Nav (aS ON maY 31, 2016) Nav pEr uNIT (`)Growth option 30.0599Dividend option 11.4053Fortnightly Dividend option 10.5858Direct plan - Growth option 30.5658Direct plan - Dividend option 11.4436Direct plan - Fortnightly Dividend option 10.5866





l bENCHmarK INdExCRISIl Short Term Bond Fund Index



load of 0.25% is payable if units are redeemed / switched-out within 1 month from the date of allotment.



l plaNSShort Term plan - Regular planShort Term plan - Direct plan

l OpTIONSunder both the plans : Growth, normal Dividend & Fortnightly Dividend. Both Dividend options offer payout and Reinvestment facility.




HDFC High Interest Fund Short Term Plan (An open-ended income scheme)


l Stable returns over short to medium term.l To maximize income while maintaining the optimum

balance of yield, safety and liquidity by investing in a range of debt and money market instruments of various maturity dates.





g-SEC, Sdl, Cd/Cp, CrEdIT ExpOSurE



Daimler Fin Ser (I) pvt ltd. FITCH - A1+ 4.30

Rural Electrification Corporation ltd. CRISIl - AAA 3.79

Housing Development Finance Corporation ltd.£ CRISIl - AAA 3.73

Hindustan petroleum Corporation ltd. CRISIl - AAA 3.17



Tube Investments of India ltd. CRISIl - AA 3.14

TATA Capital Housing Finance ltd. CRISIL - AA+ 3.12

Magma Fincorp ltd. CARE - A1+ 2.92


Total g-Sec, Sdl, Cd/Cp, Credit Exposure 96.49


grand Total 100.00




per unit (`)

Scheme returns

(%)^

benchmark returns

(%)#


returns (%) ##




(`)##

Mar 31, 15 last 1 year 27.5985 7.42 8.47 7.69 10,742 10,847 10,769

Mar 31, 14 last 2 years 24.8665 9.17 9.38 8.21 11,922 11,967 11,711

Mar 28, 13 last 3 years 23.1102 8.62 9.18 7.39 12,828 13,027 12,395

Feb 06, 02 Since Inception 10.0000 7.98 n.A. 5.91 29,646 n.A. 22,539


^benchmark


##

Mar 31, 15 To Mar 31, 16 7.42 8.47 7.69

Mar 31, 14 To Mar 31, 15 10.99 10.32 8.74

Mar 28, 13 To Mar 31, 14 7.54 8.78 5.79

^past performance may or may not be sustained in the future. The above returns are for Regular plan - Growth option. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIl Short Term Bond Fund Index ## CRISIl 1 year T-Bill Index. performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. load is not taken into consideration for computation of performance. @ shows the current value of ` 10,000/- invested at the beginning of a given period. n.A.: not Available. For performance of other schemes managed by Shobhit Mehrotra, please refer page 45.



G-Sec, SDl 36.11CD/Cp 7.22Credit Exposure 53.16Cash, Cash Equivalents and net Current Assets 3.51


£ Co-sponsor


l INvESTmENT ObjECTIvETo generate regular income through investment in Debt Securities and Money Market Instruments.

l FuNd maNagEr ¥

anil bamboli (since January 13, 04) Total Experience: over 22 years


Nav (aS ON maY 31, 2016) Nav pEr uNIT (`)Growth option 30.0266Dividend option 11.6131Monthly Dividend option 10.3274Direct plan - Growth option 30.3634Direct plan - Dividend option 11.5666Direct plan - Monthly Dividend option 10.3282












l OpTIONSunder both the plans : Growth, Monthly Dividend option & normal Dividend. Both Dividend options offer payout and Reinvestment facilities.




HDFC Short Term Plan (An open-ended income scheme)



g-SEC, Cd/Cp, CrEdIT ExpOSurE

Adani Transmission ltd. FITCH - AA+ 5.92

Tata Motors Finance ltd. CRISIl - AA / ICRA - A1+ 4.32

Aditya Birla Retail ltd. CRISIl - A- 4.14


Sadbhav Infrastructure project ltd. CARE - A+(SO) 3.60

EID parry (India) ltd. CRISIL - A+ 3.59



Writers and publishers private ltd (Secured with shares of DB Corp ltd.)

BRICKWoRKS - AA-(So) 3.03

Aarti Industries ltd. CRISIL - A+ 2.94

Tata Sky ltd. (Subsidiary of Tata Sons) CRISIL - A+ 2.91


Total g-Sec, Cd/Cp, Credit Exposure 94.38


grand Total 100.00



l Regular income over short to medium term.l Investment in debt and money market instruments with

a short to medium term maturity (average maturity profile of 1-3 years).




per unit (`)

Scheme returns

(%)^

benchmark returns

(%)#


returns (%) ##


Scheme (`)

benchmark (`)#


(`)##

Mar 31, 15 last 1 year 27.0529 9.38 8.47 7.69 10,938 10,847 10,769

Mar 31, 14 last 2 years 24.3764 10.16 9.38 8.21 12,139 11,967 11,711

Mar 28, 13 last 3 years 22.6011 9.36 9.18 7.39 13,092 13,027 12,395

Feb 28, 02 Since Inception 10.0000 8.00 n.A. 5.91 29,590 n.A. 22,451


^benchmark


##

Mar 31, 15 To Mar 31, 16 9.38 8.47 7.69

Mar 31, 14 To Mar 31, 15 10.98 10.32 8.74

Mar 28, 13 To Mar 31, 14 7.79 8.78 5.79

^past performance may or may not be sustained in the future. The above returns are for Regular plan - Growth option. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIl Short Term Bond Fund Index ## CRISIl 1 year T-Bill Index. performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. load is not taken into consideration for computation of performance. @ shows the current value of ` 10,000/- invested at the beginning of a given period. n.A.: not Available. For performance of other schemes managed by Anil Bamboli, please refer page 45.

G-Sec 0.96CD/Cp 4.59Credit Exposure 88.83Cash, Cash Equivalents and net Current Assets 5.62


Sovereign 0.96AAA/AAA(SO)/A1+/A1+(SO) & Equivalent 14.95AA+ & Below 75.14unrated 3.33Cash, Cash Equivalents and net Current Assets 5.62




l INvESTmENT ObjECTIvETo generate regular income through investments in Debt/ Money Market Instruments and Government Securities with maturities not exceeding 36 months.

l FuNd maNagEr ¥

anil bamboli (since June 25, 10) Total Experience: over 22 years


Nav (aS ON maY 31, 2016) Nav pEr uNIT (`)Growth option 16.7619Fortnightly Dividend option 10.1140normal Dividend option 11.2701Direct plan - Growth option 16.8457Direct plan - Fortnightly Dividend option 10.1737Direct plan - normal Dividend option 11.2615








load of 0.25% is payable if units are redeemed / switched-out within 1month from the date of allotment.




l OpTIONSunder Each plan: Growth, Fortnightly Dividend & normal Dividend. Both Dividend options offer payout and Reinvestment facilities.




HDFC Short Term Opportunities Fund (An open-ended income scheme)



l Regular income over short to medium term.l Investment in debt and money market instruments and

government securities with maturities not exceeding 36 months.




per unit (`)

Scheme returns

(%)^

benchmark returns

(%)#


returns (%) ##




(`)##

Mar 31, 15 last 1 year 15.2362 8.43 8.47 7.69 10,843 10,847 10,769

Mar 31, 14 last 2 years 13.8181 9.33 9.38 8.21 11,955 11,967 11,711

Mar 28, 13 last 3 years 12.7032 9.12 9.18 7.39 13,005 13,027 12,395

Jun 25, 10 Since Inception 10.0000 9.09 8.45 7.00 16,520 15,969 14,778


^benchmark


##

Mar 31, 15 To Mar 31, 16 8.43 8.47 7.69

Mar 31, 14 To Mar 31, 15 10.26 10.32 8.74

Mar 28, 13 To Mar 31, 14 8.70 8.78 5.79

^past performance may or may not be sustained in the future. The above returns are for Regular plan - Growth option. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIl Short Term Bond Fund Index ## CRISIl 1 year T-Bill Index. performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. load is not taken into consideration for computation of performance. @ shows the current value of ` 10,000/- invested at the beginning of a given period. For performance of other schemes managed by Anil Bamboli, please refer page 45.



national Bank for Agriculture & Rural Development CRISIl - AAA 11.39



lIC Housing Finance ltd. CARE - AAA / CRISIl - AAA 7.00


Small Industries Development Bank of India

CARE - AAA / CRISIL - A1+ 5.67



Reliance Jio Infocomm limited CRISIl - AAA 4.35

Export - Import Bank of India CRISIl - AAA 2.97

national Housing Bank CRISIl - AAA 2.93




grand Total 100.00


£ Co-sponsor








l FuNd maNagEr ¥

anupam joshi (since october 27, 15) Total Experience: over 14 years


l Nav Nav pEr uNIT (`)Growth option 16.6222Dividend option 11.3056quarterly Dividend option 10.2360Direct plan - Growth option 16.6738Direct plan - Dividend option 11.4429Direct plan - quarterly Dividend option 10.3103







l ExIT lOadnil(w.e.f. January 21, 2016)


l OpTIONSunder both the plans: Growth, quarterly Dividend & normal Dividend. Both Dividend options offer payout and Reinvestment facilities.





l FuNd maNagEr ¥



Nav (aS ON maY 31, 2016) Nav pEr uNIT (`)Growth option 16.7327Dividend option 11.3808quarterly Dividend option 10.3040Direct plan - Growth option 16.7861Direct plan - Dividend option 11.5200Direct plan - quarterly Dividend option 10.3797







l ExIT lOadnil


l OpTIONSunder both the plans: Growth, quarterly Dividend & normal Dividend. Both Dividend options offer payout and Reinvestment facilities.




HDFC Medium Term Opportunities Fund (An open-ended income scheme)



l Regular income over medium to short term.l Investment in debt, money market instruments and

government securities with maturities not exceeding 60 months.




per unit (`)

Scheme returns

(%)^

benchmark returns

(%)#


returns (%) ##




(`)##

Mar 31, 15 last 1 year 15.1930 8.52 8.24 7.97 10,852 10,824 10,797

Mar 31, 14 last 2 years 13.7080 9.66 11.35 11.21 12,027 12,403 12,371

Mar 28, 13 last 3 years 12.7049 9.04 8.96 6.98 12,977 12,947 12,252

Jun 29, 10 Since Inception 10.0000 9.07 8.19 6.54 16,487 15,737 14,405


^benchmark


##

Mar 31, 15 To Mar 31, 16 8.52 8.24 7.97

Mar 31, 14 To Mar 31, 15 10.83 14.59 14.57

Mar 28, 13 To Mar 31, 14 7.83 4.36 -0.95

^past performance may or may not be sustained in the future. The above returns are for Regular plan - Growth option. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIl Composite Bond Fund Index ## CRISIl 10 year Gilt Index. performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. load is not taken into consideration for computation of performance. @ shows the current value of ` 10,000/- invested at the beginning of a given period. For performance of other schemes managed by Anupam Joshi, please refer page 45.


g-SEC, Sdl, Cd/Cp, CrEdIT ExpOSurEGovernment Securities Sovereign 25.23



power Grid Corporation of India ltd. CRISIl - AAA 9.94




Export - Import Bank of India CRISIl - AAA 4.53national Bank for Agriculture & Rural Development CRISIl - AAA 4.42nTpC ltd. CRISIl - AAA / ICRA

- AAA 4.10petronet lnG ltd. CRISIL - AA+ 2.17Total of Top Ten Holdings 87.56Total g-Sec, Sdl, Cd/Cp, Credit Exposure 95.71Cash, Cash Equivalents and net Current Assets 4.29grand Total 100.00


£ Co-sponsor







l INvESTmENT ObjECTIvETo generate credit risk-free returns through investments in sovereign securities issued by the Central Government and/or State Government.

l FuNd maNagEr ¥

anil bamboli (since September 1, 07) Total Experience: over 22 years







l bENCHmarK INdExI-Sec Si-Bex


l ExIT lOadnil

l plaNSShort Term plan - Regular planShort Term plan - Direct plan

l OpTIONSunder both the plans: Growth & Dividend option (Dividend option offers Dividend payout and Reinvestment facility.




HDFC Gilt Fund Short Term Plan (An open-ended income scheme)



g-SEC, Sdl, T-bIllS

8.35 GoI 2022 Sovereign 21.98


91 Days TBill - Mat 020616 Sovereign 11.32










Total g-Sec, Sdl, T-bills 86.75


grand Total 100.00



l Credit risk free returns over short to medium term.l Investment in sovereign securities issued by Central

/ State Government with short to medium term maturities.




per unit (`)

Scheme returns

(%)^

benchmark returns

(%)#


returns (%) ##




(`)##

Mar 31, 15 last 1 year 22.7051 9.30 9.06 7.69 10,930 10,906 10,769

Mar 31, 14 last 2 years 20.6246 9.68 9.39 8.21 12,032 11,969 11,711

Mar 28, 13 last 3 years 19.4673 8.40 8.45 7.39 12,747 12,766 12,395

oct 23, 07 Since Inception 10.0000 6.38 n.A. 6.04 24,816 n.A. 23,681


^benchmark


##

Mar 31, 15 To Mar 31, 16 9.30 9.06 7.69

Mar 31, 14 To Mar 31, 15 10.09 9.75 8.74

Mar 28, 13 To Mar 31, 14 5.89 6.60 5.79

^past performance may or may not be sustained in the future. The above returns are for Regular plan - Growth option. Returns greater than 1 year period are compounded annualized (CAGR). # I-Sec Si-Bex ## CRISIl 1 year T-Bill Index. performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. load is not taken into consideration for computation of performance. @ shows the current value of ` 10,000/- invested at the beginning of a given period. n.A.: not Available. For performance of other schemes managed by Anil Bamboli, please refer page 45.

G-Sec, SDl, T-bills 86.75Cash, Cash Equivalents and net Current Assets 13.25


Sovereign 86.75Cash, Cash Equivalents and net Current Assets 13.25




l INvESTmENT ObjECTIvETo generate credit risk-free returns through investments in sovereign securities issued by the Central Government and/or State Government.

l FuNd maNagEr ¥

anil bamboli (since September 1, 07) Total Experience: over 22 years







l bENCHmarK INdExI-Sec li-Bex


l ExIT lOadnil

l plaNSlong Term plan - Regular planlong Term plan - Direct plan

l OpTIONSunder both the plans: Growth & Dividend option (Dividend option offers Dividend payout and Reinvestment facility.




HDFC Gilt Fund Long Term Plan (An open-ended income scheme)



g-SEC













Total g-Sec 95.85


grand Total 100.00



l Credit risk free returns over medium to long term.l Investment in sovereign securities issued by Central /

State Government with medium to long term maturities.




per unit (`)

Scheme returns

(%)^

benchmark returns

(%)#


returns (%) ##




(`)##

Mar 31, 15 last 1 year 28.4431 6.37 7.26 7.97 10,637 10,726 10,797

Mar 31, 14 last 2 years 23.7840 12.77 13.37 11.21 12,720 12,858 12,371

Mar 28, 13 last 3 years 23.4145 8.88 9.34 6.98 12,921 13,085 12,252

Jul 25, 01 Since Inception 10.0000 7.83 n.A. n.A. 30,254 n.A. n.A.


^benchmark


##

Mar 31, 15 To Mar 31, 16 6.37 7.26 7.97

Mar 31, 14 To Mar 31, 15 19.59 19.88 14.57

Mar 28, 13 To Mar 31, 14 1.57 1.75 -0.95

^past performance may or may not be sustained in the future. The above returns are for Regular plan - Growth option. Returns greater than 1 year period are compounded annualized (CAGR). # I-Sec li-Bex ## CRISIl 10 year Gilt Index. performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. load is not taken into consideration for computation of performance. @ shows the current value of ` 10,000/- invested at the beginning of a given period. n.A.: not Available. For performance of other schemes managed by Anil Bamboli, please refer page 45.

G-Sec 95.85Cash, Cash Equivalents and net Current Assets 4.15


Sovereign 95.85Cash, Cash Equivalents and net Current Assets 4.15




l INvESTmENT ObjECTIvETo generate regular income through investment in a portfolio comprising substantially of floating rate debt / money market instruments, fixed rate debt / money market instruments swapped for floating rate returns, and fixed rate debt securities and money market instruments.

l FuNd maNagEr ¥

Shobhit mehrotra (since February 16, 04) Total Experience: over 22 years


Nav (aS ON maY 31, 2016) Nav pEr uNIT (`)retail OptionGrowth option 25.6883Daily Dividend Reinvestment option 10.0809Weekly Dividend option 10.1378Monthly Dividend option 10.1464Wholesale OptionGrowth option 26.3985Daily Dividend Reinvestment option 10.0809Weekly Dividend option 10.1379Monthly Dividend option 10.1465Direct plan - Growth option 26.4601Direct plan - Daily Dividend Reinvestment option 10.0809Direct plan - Weekly Dividend option 10.1378Direct plan - Monthly Dividend option 10.1466


l quaNTITaTIvE daTaAverage Maturity * 1.13 yearsModified Duration * 344 daysyield to Maturity * 7.94%* Computed on the invested amount.





l ExIT lOadnil

l plaNSShort Term plan - Wholesale option - Regular planShort Term plan - Wholesale option - Direct plan

l OpTIONSunder both the plans: Growth & Dividend option. The Dividend option offers Daily Dividend option (with Reinvestment facility only) and Weekly and Monthly Dividend option (with payout and Reinvestment facility).

l mINImum applICaTION amOuNT (under each plan / Option)purchase : ` 10 lakh and any amount thereafter. Additional purchase : ` 1 and any amount thereafter.



HDFC Floating Rate Income Fund Short Term Plan (An open-ended income scheme)



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 instruments of short term maturities with higher liquidity.




g-SEC, Sdl, T-bIllS, Cd/Cp, CrEdIT ExpOSurEpower Finance Corporation ltd. CRISIL - A1+, AAA 9.08Housing Development Finance Corporation ltd.£ CRISIl - AAA 8.68Rural Electrification Corporation ltd.

CRISIl - AAA / FITCH - A1+ 8.61

national Bank for Agriculture & Rural Development CRISIL - A1+, AAA 6.02Axis Bank ltd. CRISIL - A1+ 5.99Government Securities Sovereign 4.96Indiabulls Housing Finance ltd. CARE - AAA 4.01


Adani ports and Special Economic Zone ltd. ICRA - A1+ 4.00

lIC Housing Finance ltd. CRISIl - AAA 3.36

Indian Railway Finance Corporation ltd.

CRISIL - A1+ / ICRA - AAA 3.28


Total g-Sec, Sdl, T-bills, Cd/Cp, Credit Exposure 94.91


grand Total 100.00


£ Co-sponsor



per unit (`)

Scheme returns

(%)^

benchmark returns

(%)#


returns (%) ##




(`)##

Mar 31, 15 last 1 year 23.9573 8.71 8.06 7.69 10,871 10,806 10,769

Mar 31, 14 last 2 years 21.9036 9.03 8.50 8.21 11,890 11,776 11,711

Mar 28, 13 last 3 years 20.0121 9.14 8.82 7.39 13,014 12,900 12,395

oct 23, 07 Since Inception 13.1821 8.40 7.67 6.39 19,757 18,661 16,872


^benchmark


##

Mar 31, 15 To Mar 31, 16 8.71 8.06 7.69

Mar 31, 14 To Mar 31, 15 9.38 8.98 8.74

Mar 28, 13 To Mar 31, 14 9.37 9.46 5.79

^past performance may or may not be sustained in the future. The above returns are for Regular plan - Growth option. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIl liquid Fund Index ## CRISIl 1 year T-Bill Index. Since Inception returns are calculated on ` 13.1821 (allotment price). performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. load is not taken into consideration for computation of performance. @ shows the current value of ` 10,000/- invested at the beginning of a given period. For performance of other schemes managed by Shobhit Mehrotra, please refer page 45.



Sovereign 4.96AAA/AAA(SO)/A1+/A1+(SO)& Equivalent 78.10AA+ & Below 11.85Cash, Cash Equivalents and net Current Assets 5.09




To generate regular income through investment in a portfolio comprising substantially of floating rate debt / money market instruments, fixed rate debt / money market instruments swapped for floating rate returns, and fixed rate debt securities and money market instruments.

l FuNd maNagEr ¥

Shobhit mehrotra (since February 16, 04)

Total Experience: over 22 years


January 16, 2003


Growth option 26.7370Weekly Dividend option 10.2513normal Dividend option 11.0120Direct plan - Growth option 26.7858Direct plan - Weekly Dividend option 10.2785Direct plan - normal Dividend option 10.9327


As on May 31, 2016 1,803.65Average for Month of May, 2016 1,808.85

l quaNTITaTIvE daTa

Average Maturity * 3.61 yearsModified Duration * 2.26 yearsyield to Maturity * 7.30%* Computed on the invested amount.


Regular 0.15%Direct 0.10%


l bENCHmarK INdEx

CRISIl liquid Fund Index

l ENTrY lOad

not Applicable.

l ExIT lOad

l In respect of each purchase / switch-in of units, an Exit load of 0.50% is payable if units are redeemed / switched-out within 3 months from the date of allotment.



l plaNS

long Term plan - Regular planlong Term plan - Direct plan

l OpTIONS

under both the plans: Growth, Weekly Dividend Reinvestment option and normal Dividend option (with payout facility).


purchase : ` 5,000 and any amount thereafter. Additional purchase : ` 1,000 and any amount thereafter.

l rEdEmpTION prOCEEdS

normally despatched within 3-4 Business Days.


HDFC Floating Rate Income Fund Long Term Plan (An open-ended income scheme)



g-SEC, Cd/Cp


Canara Bank CRISIL - A1+ 10.76

national Bank for Agriculture & Rural Development CRISIL - A1+ 7.78

Bank of Baroda CRISIL - A1+ 5.52

ICICI Bank ltd. CARE - A1+ 5.49

oriental Bank of Commerce CRISIL - A1+ 5.48

State Bank of Bikaner & Jaipur CRISIL - A1+ 5.47


Small Industries Development Bank of India CRISIL - A1+ 5.25

punjab & Sind Bank FITCH - A1+ 5.24

Indusind Bank ltd. CRISIL - A1+ 4.54


Total g-Sec, Cd/Cp 98.69

Cash, Cash Equivalents andnet Current Assets 1.31

grand Total 100.00



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 floating rate returns and fixed rate debt and money market instruments of longer term maturities.



G-Sec 36.17CD/Cp 62.52Cash, Cash Equivalents and net Current Assets 1.31


Sovereign 36.17AAA/AAA(SO)/A1+/A1+(SO)& Equivalent 62.52Cash, Cash Equivalents and net Current Assets 1.31




per unit (`)

Scheme returns

(%)^

benchmark returns

(%)#


returns (%) ##




(`)##

Mar 31, 15 last 1 year 24.3516 8.28 8.06 7.69 10,828 10,806 10,769

Mar 31, 14 last 2 years 22.3151 8.69 8.50 8.21 11,816 11,776 11,711

Mar 28, 13 last 3 years 20.4547 8.80 8.82 7.39 12,891 12,900 12,395

Jan 16, 03 Since Inception 10.0104 7.61 6.81 5.85 26,341 23,870 21,208


^benchmark


##

Mar 31, 15 To Mar 31, 16 8.28 8.06 7.69

Mar 31, 14 To Mar 31, 15 9.13 8.98 8.74

Mar 28, 13 To Mar 31, 14 9.02 9.46 5.79

^past performance may or may not be sustained in the future. The above returns are for Regular plan - Growth option. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIl liquid Fund Index ## CRISIl 1 year T-Bill Index. 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. load is not taken into consideration for computation of performance. @ shows the current value of ` 10,000/- invested at the beginning of a given period. For performance of other schemes managed by Shobhit Mehrotra, please refer page 45.


l INvESTmENT ObjECTIvETo enhance income consistent with a high level of liquidity, through a judicious portfolio mix comprising of money market and debt instruments.

l FuNd maNagEr ¥



l Nav^̂ Nav pEr uNIT (`)HdFC liquid FundGrowth option 3,024.5396Daily Dividend Reinvestment option 1,019.8200Weekly Dividend option 1,031.2593Monthly Dividend option 1,026.5294Direct plan - Growth option 3,030.7730Direct plan - Daily Dividend Reinvestment option 1,019.8200Direct plan - Weekly Dividend option 1,031.2620Direct plan - Monthly Dividend option 1,026.5324HdFC liquid Fund - premium planGrowth option 3,078.0863Daily Dividend Reinvestment option 1,225.9800


l quaNTITaTIvE daTaAverage Maturity * 37 daysModified Duration * 35 daysyield to Maturity * 7.51%* Computed on the invested amount.




l ExIT lOadnil


l OpTIONSunder both the plans: Growth & Dividend option. The Dividend option offers Daily Dividend option (Reinvestment facility only) and Weekly and Monthly Dividend option (with payout and Reinvestment facility).

l mINImum applICaTION amOuNT (under each plan / Option)purchase : under Growth option, Weekly Dividend option and Monthly Dividend option: ̀ 5,000 and any amount thereafter. under Daily Dividend option: ` 10,000 and any amount thereafter.Additional purchase : under Growth option, Weekly Dividend option and Monthly Dividend option: ` 1,000 and any amount thereafter. under Daily Dividend option: ` 5,000 and any amount thereafter.

l rEdEmpTION prOCEEdSnormally despatched within 1 Business Day.

For Tax Benefits / Consequences, Please refer to page 45¥ Dedicated Fund Manager for overseas Investments: Mr Rakesh Vyas (Total Experience - over 12 years).^̂ Calculated on all calendar days.

HDFC Liquid Fund (An open-ended liquid income scheme)



T-bIllS, brdS, Cd/Cp, CrEdIT ExpOSurE



Hindustan Zinc ltd. CRISIL - A1+ 4.47

Vedanta ltd. CRISIL - A1+ 3.85

Aditya Birla Finance ltd. FITCH - AA+ / ICRA - A1+ 3.43

Tata Steel ltd. FITCH - A1+ 2.98

Vijaya Bank CARE - A1+ 2.94

Indiabulls Housing Finance ltd. CARE - AAA / CRISIL - A1+ 2.81


Bajaj Finance ltd. CRISIL - A1+ / ICRA - A1+ 2.61

Indian Railway Finance Corporation ltd. CRISIL - A1+ 2.39


Total T-bills, brdS, Cd/Cp, Credit Exposure 98.00


grand Total 100.00



l Income over short term.l Investment in debt and money market instruments.

Investors understand that their principal will be at low risk


Face Value per unit: ` 1,000, + Industry Classification as recommended by AMFI, CD - Certificate of Deposit; CP - Commercial Papers. Data is as of May 31, 2016 unless otherwise specified.


per unit (`)

Scheme returns

(%)^

benchmark returns

(%)#


returns (%) ##




(`)##Mar 24, 16 last 7 days n.A. n.A. n.A. n.A. n.A. n.A. n.A.Mar 16, 16 last 15 days 2,972.6871 0.40 0.45 0.28 10,040 10,045 10,028Feb 29, 16 last 1 Month 2,962.3107 0.75 0.84 0.64 10,075 10,084 10,064Mar 31, 15 last 1 year 2,757.6300 8.23 8.06 7.69 10,823 10,806 10,769Mar 31, 14 last 2 years 2,530.9900 8.58 8.50 8.21 11,792 11,776 11,711Mar 28, 13 last 3 years 2,310.7700 8.87 8.82 7.39 12,916 12,900 12,395oct 17, 00 Since Inception 1,000.0000 7.33 n.A. 6.34 29,845 n.A. 25,856


^benchmark


##Mar 31, 15 To Mar 31, 16 8.23 8.06 7.69Mar 31, 14 To Mar 31, 15 8.95 8.98 8.74Mar 28, 13 To Mar 31, 14 9.45 9.46 5.79

^past performance may or may not be sustained in the future. The above returns are for Regular plan - Growth option. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIl liquid Fund Index ## CRISIl 1 year T-Bill Index. performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. load is not taken into consideration for computation of performance. @ shows the current value of ` 10,000/- invested at the beginning of a given period. n.A.: not Available. For performance of other schemes managed by Anupam Joshi, please refer page 45.

T-bills 16.67BRDS, CD/Cp 77.52Credit Exposure 3.81Cash, Cash Equivalents and net Current Assets 2.00


Sovereign 16.67AAA/AAA(SO)/A1+/A1+(SO) & Equivalent 78.06AA+ & Below 2.28BRDS 0.99Cash, Cash Equivalents and net Current Assets 2.00



l INvESTmENT ObjECTIvETo generate optimal returns while maintaining safety and high liquidity.

l FuNd maNagEr ¥

anil bamboli (since July 25, 12) Total Experience: over 22 years

l INCEpTION daTE (date of allotment)november 18, 1999

l Nav^̂ Nav pEr uNIT (`)Growth option 3,196.8105Daily Dividend Reinvestment option 1,063.6400Weekly Dividend option 1,063.3431Direct plan - Growth option 3,207.1892Direct plan - Daily Dividend Reinvestment option 1,063.6400Direct plan - Weekly Dividend option 1,063.3677


l quaNTITaTIvE daTaAverage Maturity * 46 daysModified Duration * 43 daysyield to Maturity * 7.53%* Computed on the invested amount.





l ExIT lOadnil

l plaNSSavings plan - Regular plan Savings plan - Direct plan

l OpTIONSEach plan offers Growth and Daily Dividend option (with Reinvestment facility only). Weekly Dividend option (with payout and Reinvestment facility).

l mINImum applICaTION amOuNT (under each plan / Option)purchase : under Growth option and Weekly Dividend option : ` 5,000 and any amount thereafter. under Daily Dividend option : ` 10,000 and any amount thereafter

Additional purchase : under Growth option and Weekly Dividend option : ̀ 1,000 and any amount thereafter. under Daily Dividend option : ` 5,000 and any amount thereafter

l rEdEmpTION prOCEEdSnormally despatched within 1 Business Day.


^^ Calculated on all calendar days.

HDFC Cash Management Fund Savings Plan (An open-ended high liquidity income scheme)



T-bIllS, brdS, Cd/Cp, CrEdIT ExpOSurE


Rural Electrification Corporation ltd. FITCH - A1+ 9.02

power Finance Corporation ltd. CRISIL - A1+ 6.45


Small Industries Development Bank of India

CARE - A1+ / CRISIL - A1+ 6.20

Export - Import Bank of India CRISIL - A1+ 5.52


Hindustan Zinc ltd. CRISIL - A1+ 4.44

Bajaj Finance ltd. ICRA - A1+ 3.97

Tata Steel ltd. FITCH - A1+ 3.37

Aditya Birla Finance ltd. ICRA - A1+ 3.10


Total T-bills, brdS, Cd/Cp, Credit Exposure 100.87

Cash, Cash Equivalents and net Current Assets -0.87

grand Total 100.00



l optimal returns over short term.l Investment in debt and money market instruments with

maturity of upto 91 days only.

Investors understand that their principal will be at low risk



per unit (`)

Scheme returns

(%)^$$

benchmark returns

(%)#


returns (%) ##




(`)##Mar 24, 16 last 7 days n.A. n.A. n.A. n.A. n.A. n.A. n.A.Mar 16, 16 last 15 days 3,142.7832 0.38 0.45 0.28 10,038 10,045 10,028Feb 29, 16 last 1 Month 3,131.8829 0.73 0.84 0.64 10,073 10,084 10,064Mar 31, 15 last 1 year 2,918.3800 8.10 8.06 7.69 10,810 10,806 10,769Mar 31, 14 last 2 years 2,678.6100 8.51 8.50 8.21 11,778 11,776 11,711Mar 28, 13 last 3 years 2,447.4700 8.80 8.82 7.39 12,890 12,900 12,395nov 18, 99 Since Inception 1,000.0000 7.29 n.A. 6.45 31,656 n.A. 27,826


^$$benchmark


##Mar 31, 15 To Mar 31, 16 8.10 8.06 7.69Mar 31, 14 To Mar 31, 15 8.95 8.98 8.74Mar 28, 13 To Mar 31, 14 9.36 9.46 5.79

^past performance may or may not be sustained in the future. The above returns are for Regular plan - Growth option. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIl liquid Fund Index ## CRISIl 1 year T-Bill Index. $$ 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). performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. load is not taken into consideration for computation of performance. @ shows the current value of ` 10,000/- invested at the beginning of a given period. n.A.: not Available. For performance of other schemes managed by Anil Bamboli, please refer page 45.

Face Value per unit: ` 1,000, + Industry Classification as recommended by AMFI, CD - Certificate of Deposit; CP - Commercial Papers. Data is as of May 31, 2016 unless otherwise specified.

T-bills 14.85CD/Cp 84.53Credit Exposure 1.49Cash, Cash Equivalents and net Current Assets -0.87


Sovereign 14.85AAA/AAA(SO)/A1+/A1+(SO)& Equivalent 84.88AA+ & Below 1.14Cash, Cash Equivalents and net Current Assets -0.87



l INvESTmENT ObjECTIvETo generate regular income through investment in debt securities and money market instruments.

l FuNd maNagEr ¥


l INCEpTION daTE (date of allotment)november 18, 1999

l Nav^̂ (aS ON maY 31, 2016) Nav pEr uNIT (`)retail OptionGrowth option 32.1499Daily Dividend Reinvestment option 10.0315Weekly Dividend option 10.0671Monthly Dividend option 10.0516Direct plan - Growth option 32.9483Direct plan - Daily Dividend Reinvestment option 10.0315Direct plan - Weekly Dividend option 10.0968Direct plan - Monthly Dividend option 10.1443Wholesale OptionGrowth option 33.5520Daily Dividend Reinvestment option 10.0465Weekly Dividend option 10.0694Monthly Dividend option 10.0654






l ExIT lOadnil

l plaNSTreasury Advantage plan - Regular plan Treasury Advantage plan - Direct plan

l OpTIONSretail Option: Each plan offers Growth and Dividend option. Dividend option offers Daily Dividend option with Reinvestment facility only and Weekly and Monthly Dividend option with payout and Reinvestment facility.

l mINImum applICaTION amOuNT (under each plan / Option)retail Option : Growth, Weekly and Monthly Dividend option: purchase : ` 5,000 and any amount thereafter. Additional purchase : ̀ 1,000 and any amount thereafter. Daily Dividend option : purchase : ` 10,000 and any amount thereafter. Additional purchase : ` 5,000 and any amount thereafter.


For Tax Benefits / Consequences, Please refer to page 45¥ Dedicated Fund Manager for overseas Investments: Mr Rakesh Vyas (Total Experience - over 12 years).^^ Calculated on all calendar days.

HDFC Cash Management Fund Treasury Advantage Plan (An open-ended income scheme)



l Regular income over short term.l Investment in debt and money market instruments.




per unit (`)

Scheme returns

(%)^

benchmark returns

(%)#


returns (%) ##




(`)##

Mar 31, 15 last 1 year 29.5109 7.58 8.06 7.69 10,758 10,806 10,769

Mar 31, 14 last 2 years 27.2387 7.95 8.50 8.21 11,656 11,776 11,711

Mar 28, 13 last 3 years 25.1057 8.11 8.82 7.39 12,646 12,900 12,395

nov 18, 99 Since Inception 10.0000 7.31 n.A. 6.45 31,749 n.A. 27,826


^benchmark


##

Mar 31, 15 To Mar 31, 16 7.58 8.06 7.69

Mar 31, 14 To Mar 31, 15 8.34 8.98 8.74

Mar 28, 13 To Mar 31, 14 8.42 9.46 5.79

^past performance may or may not be sustained in the future. The above returns are for Regular plan - Growth option. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIl liquid Fund Index ## CRISIl 1 year T-Bill Index. performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. load is not taken into consideration for computation of performance. @ shows the current value of ` 10,000/- invested at the beginning of a given period. n.A.: not Available. For performance of other schemes managed by Anupam Joshi, please refer page 45.



national Bank for Agriculture & Rural Development CRISIL - A1+, AAA 9.10




Kotak Mahindra Bank ltd. CRISIL - A1+ 5.30

IDBI Bank ltd. CRISIL - A1+ / ICRA - A1+ 3.55

Tata Capital Financial Services ltd. CRISIL - AA+ / ICRA - AA+ 3.53




petronet lnG ltd. CRISIL - AA+ 2.46




grand Total 100.00


£ Co-sponsor




Sovereign 8.06AAA/AAA(SO)/A1+/A1+(SO) & Equivalent 57.72AA+ & Below 29.61unrated 0.24Cash, Cash Equivalents and net Current Assets 4.37



l INvESTmENT ObjECTIvETo generate regular income and capital appreciation by investing predominantly in corporate debt.

l FuNd maNagEr ¥

Shobhit mehrotra (since March 25, 14) Total Experience: over 22 years


Nav (aS ON maY 31, 2016) Nav pEr uNIT (`)Growth option 12.4530Dividend option 11.4664Half-yearly Dividend option 10.6736Direct plan - Growth option 12.6925Direct plan - Dividend option 11.1258Direct plan - Half-yearly Dividend option 10.7492









l In respect of each purchase / switch-in of units, an Exit load of 1.00% is payable if units are redeemed / switched-out after 12 months but within 24 months from the date of allotment.

l In respect of each purchase / switch-in of units, an Exit load of 0.50% is payable if units are redeemed / switched-out after 24 months but within 36 months from the date of allotment.




l OpTIONSunder Each plan: Growth, Half yearly Dividend and normal Dividend. Both Dividend options offers payout and Reinvestment facilities.




HDFC Corporate Debt Opportunities Fund (An open-ended income scheme)



Cd/Cp, CrEdIT ExpOSurE

Adani Transmission ltd. FITCH - AA+ 6.65

Tata Steel ltd. CARE - AA, AA+ 4.57

Rural Electrification Corporation Ltd. CRISIl - AAA 4.47

Hinduja leyland Finance ltd. CARE - A+ 3.57


SKS Microfinance Ltd. CARE - A+ 2.50

Tata Sky ltd. (Subsidiary of Tata Sons) CRISIL - A+ 2.38

Tata power Co. ltd. CARE - AA / CRISIl - AA- 2.32


Adani power ltd. (Secured by Shares of Adani port & SEZ ltd.)

BRICKWoRKS - AA-(So) / CARE - AA-(So) 2.20

Reliance Jio Infocomm ltd. CRISIl - AAA 2.11


Total Cd/Cp, Credit Exposure 94.71


grand Total 100.00



l Regular income over medium to long term.l To generate regular income and capital appreciation

by investing predominantly in corporate debt.



HDFC Corporate Debt Opportunities Fund

CD/Cp 1.31Credit Exposure 93.40Cash, Cash Equivalents and net Current Assets 5.29


AAA/AAA(SO)/A1+/A1+(SO) & Equivalent 18.96AA+ & Below 73.79unrated 1.96Cash, Cash Equivalents and net Current Assets 5.29




per unit (`)

Scheme returns

(%)^

benchmark returns

(%)#


returns (%) ##




(`)##

Mar 31, 15 last 1 year 11.2485 9.10 8.47 7.97 10,910 10,847 10,797

Mar 31, 14 last 2 year 10.0375 10.56 9.38 11.21 12,226 11,967 12,371

Mar 25, 14 Since Inception 10.0000 10.67 9.42 11.12 12,272 11,993 12,373


^benchmark


##

Mar 31, 15 To Mar 31, 16 9.10 8.47 7.97

Mar 31, 14 To Mar 31, 15 12.06 10.32 14.57

^past performance may or may not be sustained in the future. The above returns are for Regular plan - Growth option. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIl Short Term Bond Fund Index ## CRISIl 10 year Gilt Index. performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. load is not taken into consideration for computation of performance. @ shows the current value of ` 10,000/- invested at the beginning of a given period. For performance of other schemes managed by Shobhit Mehrotra, please refer page 45.



To generate regular income through investments in debt and money market instruments consisting predominantly of securities issued by entities such as Scheduled Commercial Banks and public Sector undertakings. There is no assurance that the investment objective of the Scheme will be realized.

l FuNd maNagEr ¥

anil bamboli (since Mar 26, 14)

Total Experience: over 22 years


March 26, 2014


Growth option 12.1921Dividend option 10.1423Direct plan - Growth option 12.2091Direct plan - Dividend option 10.1424



l quaNTITaTIvE daTa

Average Maturity * 2.90 yearsModified Duration * 2.33 yearsyield to Maturity * 7.90%* Computed on the invested amount.


Regular 0.23%Direct 0.07%


l bENCHmarK INdEx

CRISIl Short Term Bond Fund Index

l ENTrY lOad

not Applicable.

l ExIT lOad

nil

l plaNS

Regular plan, Direct plan

l OpTIONS

under Each plan: Growth & Dividend. The Dividend option offers Dividend payout and Reinvestment facility.


purchase : ` 5,000 and any amount thereafter.

l rEdEmpTION prOCEEdS

normally despatched within 3-4 Business Days.


HDFC Banking and PSU Debt Fund (An open-ended income scheme)



l Regular income over medium to long term.l Investments in debt and money market instruments

consisting predominantly of securities issued by Scheduled Commercial Banks and public Sector undertakings.




Cd/Cp, CrEdIT ExpOSurEpower Grid Corporation of India ltd. CRISIl - AAA 11.78Rural Electrification Corporation ltd. CRISIl - AAA 11.31Small Industries Development Bank of India CARE - AAA 11.07power Finance Corporation ltd. CRISIl - AAA 10.61national Bank for Agriculture & Rural Development CRISIl - AAA 8.74nTpC ltd. CRISIl - AAA 8.04Housing Development Finance Corporation ltd.£ CRISIl - AAA 7.86


national Housing Bank CRISIl - AAA 6.26

Export - Import Bank of India CRISIl - AAA 5.24

ICICI Bank ltd. CRISIl - AAA 2.76


Total Cd/Cp, Credit Exposure 94.72


grand Total 100.00


£ Co-sponsor


CD/Cp 2.66Credit Exposure 92.06Cash, Cash Equivalents and net Current Assets 5.28


AAA/AAA(SO)/A1+/A1+(SO)& Equivalent 94.54AA+ & Below 0.18Cash,Cash Equivalents and net Current Assets 5.28



per unit (`)

Scheme returns

(%)^

benchmark returns

(%)#


returns (%) ##




(`)##

Mar 31, 15 last 1 year 11.0303 8.93 8.47 7.69 10,893 10,847 10,769

Mar 31, 14 last 2 year 10.0318 9.42 9.38 8.21 11,977 11,967 11,711

Mar 26, 14 Since Inception 10.0000 9.53 9.43 8.25 12,015 11,992 11,733


^benchmark


##

Mar 31, 15 To Mar 31, 16 8.93 8.47 7.69

Mar 31, 14 To Mar 31, 15 9.95 10.32 8.74

^past performance may or may not be sustained in the future. The above returns are for Regular plan - Growth option. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIl Short Term Bond Fund Index ## CRISIl 1 year T-Bill Index. performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. load is not taken into consideration for computation of performance. @ shows the current value of ` 10,000/- invested at the beginning of a given period. For performance of other schemes managed by Anil Bamboli, please refer page 45.


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 05

HDFC Top 200 Fund 06HDFC Infrastructure Fund 15HDFC Prudence Fund 23HDFC MF Monthly Income Plan - LTP 27

2 Mr. Vinay Kulkarni HDFC Core & Satellite Fund 08HDFC Premier Multi-Cap Fund 09HDFC Large Cap Fund 10HDFC TaxSaver 14HDFC MF Monthly Income Plan - STP 26HDFC Equity Savings Fund (Co-managed scheme) 28Close ended schemes (Co-managed schemes) 66-67

3 Mr. Srinivas Rao Ravuri HDFC Growth Fund 04HDFC Infrastructure Fund 15Close ended schemes 46

4 Mr. Chirag Setalvad HDFC Capital Builder Fund 07HDFC Mid-Cap Opportunities Fund 11HDFC Small and Mid-Cap Fund 12HDFC Long Term Advantage Fund 13HDFC Balanced Fund 22HDFC Children’s Gift Fund - Investment Plan 24HDFC Children’s Gift Fund - Savings Plan 25HDFC Multiple Yield Fund - Plan 2005 29

5 Mr. Miten Lathia HDFC Capital Builder Fund 07HDFC Dynamic PE Ratio Fund of Funds (Co-managed scheme) 67

6 Mr. Krishan Kumar Daga HDFC Arbitrage Fund 16HDFC Index Fund - SEnSEx Plan 17HDFC Index Fund - nifty Plan 18HDFC Index Fund - SEnSEx Plus Plan 19HDFC SEnSEx ETF 20HDFC nifty ETF 21HDFC Gold Exchange Traded Fund 65HDFC Gold Fund 65HDFC Equity Savings Fund (Co-managed scheme) 28

7 Mr. Shobhit Mehrotra HDFC MF Monthly Income Plan - LTP 27HDFC MF Monthly Income Plan - STP 26HDFC Income Fund 30HDFC High Interest Fund - STP 32HDFC Floating Rate Income Fund - Long Term Plan 39HDFC Floating Rate Income Fund - Short Term Plan - Wholesale Option 38HDFC Corporate Debt Opportunities Fund 43Close ended schemes 46-54

8 Mr. Anil Bamboli HDFC Equity Savings Fund (Co-managed scheme) 28HDFC Multiple Yield Fund - Plan 2005 29HDFC Dynamic PE Ratio Fund of Funds (Co-managed scheme) 67HDFC High Interest Fund - Dynamic Plan 31HDFC Short Term Plan 33HDFC Short Term Opportunities Fund 34HDFC Gilt Fund - Short Term Plan 36HDFC Gilt Fund - Long Term Plan 37HDFC Cash Management Fund - Savings Plan 41HDFC Cash Management Fund - Call Plan 54HDFC Banking and PSU Debt Fund 44Close ended & Interval schemes 54-65Co-managed schemes 66-67

9 Mr. Anupam Joshi HDFC Liquid Fund 40HDFC Medium Term Opportunities Fund 35HDFC Cash Management Fund - Treasury Advantage Plan 42

For performance details of Direct Plan, refer page 68-96

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. ~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them.Tax Benefits / Consequences : Income distributed by the Scheme(s) is free from Income–tax in the hands of Investors. The additional income-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. 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 cessInvestors 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 - GROWTH OPTION (FUND MANAGER-WISE)

SRINIVAS RAO RAVURIHDFC RAJIV GANDHI EQUITY SAVINGS SCHEME - SERIES II NAV as on March 31, 2016 ` 12.648A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#

Additional Benchmark

Returns (%) ##

Value of Investment of Scheme ` 10000@

Scheme (`) Benchmark (`)#


(`)##Mar 31, 15 Last 1 Year 13.937 -9.25 -8.96 -9.36 9,075 9,104 9,064Mar 31, 14 Last 2 Years 10.639 9.02 8.07 6.39 11,888 11,682 11,320Mar 14, 14 Since Inception 10.000 12.15 9.82 7.60 12,648 12,115 11,619

B. Discrete 12 month Returns (%)Period Scheme

^Benchmark

#Additional

Benchmark ##

Mar 31, 15 To Mar 31, 16 -9.25 -8.96 -9.36Mar 31, 14 To Mar 31, 15 31.00 28.32 24.89

^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # S&P BSE 100 ## S&P BSE SEnSEx

HDFC FOCUSED EQUITY FUND - PlAN A NAV as on March 31, 2016 ` 9.054A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 9.685 -6.52 -8.96 -9.36 9,348 9,104 9,064Feb 23, 15 Since Inception 10.000 -8.63 -10.46 -11.45 9,054 8,855 8,746


^Benchmark

#Additional

Benchmark ##

Mar 31, 15 To Mar 31, 16 -6.52 -8.96 -9.36^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # S&P BSE 100 ## S&P BSE SEnSEx

SHOBHIT MEHROTRAHDFC FMP 370D SEPTEMBER 2013 (4) NAV as on March 31, 2016 ` 12.6032A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 11.6298 8.37 8.47 7.69 10,837 10,847 10,769Mar 31, 14 Last 2 Years 10.5449 9.31 9.38 8.21 11,952 11,967 11,711Sep 19, 13 Since Inception 10.0000 9.57 9.55 8.28 12,603 12,596 12,232


^Benchmark

#Additional

Benchmark ##

Mar 31, 15 To Mar 31, 16 8.37 8.47 7.69Mar 31, 14 To Mar 31, 15 10.29 10.32 8.74

^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Short Term Bond Fund Index. ## CRISIL 1 year T-Bill Index.

HDFC FMP 370D OCTOBER 2013 (1) NAV as on March 31, 2016 ` 12.4697A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 11.5039 8.40 8.47 7.69 10,840 10,847 10,769Mar 31, 14 Last 2 Years 10.4585 9.18 9.38 8.21 11,923 11,967 11,711Oct 04, 13 Since Inception 10.0000 9.27 9.50 8.17 12,470 12,535 12,160


^Benchmark

#Additional

Benchmark ##


^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Short Term Bond Fund Index ## CRISIL 1 year T-Bill Index


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 11.3961 8.53 8.47 7.69 10,853 10,847 10,769Mar 31, 14 Last 2 Year 10.4027 9.02 9.38 8.21 11,889 11,967 11,711Oct 09, 13 Since Inception 10.0000 8.96 9.37 8.06 12,368 12,483 12,118


^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 11.3755 8.45 8.47 7.69 10,845 10,847 10,769Mar 31, 14 Last 2 Year 10.3861 8.98 9.38 8.21 11,878 11,967 11,711Oct 23, 13 Since Inception 10.0000 9.00 9.42 8.12 12,337 12,456 12,098


^Benchmark

#Additional

Benchmark ##



Performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. Load is not taken into consideration for computation of performance.@ shows the current value of ` 10,000/- invested at the beginning of a given period. n.A.: not Available

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.



per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



HDFC FMP 370D OCTOBER 2013 (5) NAV as on March 31, 2016 ` 12.2545

A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



HDFC FMP 370D NOVEMBER 2013 (1) NAV as on March 31, 2016 ` 12.1473


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 11.2170 8.29 8.47 7.69 10,829 10,847 10,769Mar 31, 14 Last 2 Years 10.3081 8.54 9.38 8.21 11,784 11,967 11,711nov 27, 13 Since Inception 10.0000 8.66 9.50 8.22 12,147 12,370 12,032


^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



HDFC FMP 371D DECEMBER 2013 (1) NAV as on March 31, 2016 ` 12.1650


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 11.2220 8.40 8.47 7.69 10,840 10,847 10,769Mar 31, 14 Last 2 Years 10.2882 8.73 9.38 8.21 11,824 11,967 11,711Dec 04, 13 Since Inception 10.0000 8.80 9.50 8.17 12,165 12,346 12,001


^Benchmark

#Additional

Benchmark ##



SCHEME PERFORMANCE - GROWTH OPTION (FUND MANAGER-WISE)SHOBHIT MEHROTRA....CONTINUED






per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##







HDFC FMP 742D SEPTEMBER 2013 (1) NAV as on March 31, 2016 ` 12.4424


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



HDFC FMP 1107D MAY 2013 (1) NAV as on March 31, 2016 ` 12.6119


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 11.6266 8.47 8.24 7.69 10,847 10,824 10,769Mar 31, 14 Last 2 Years 10.5283 9.44 11.35 8.21 11,979 12,403 11,711May 23, 13 Since Inception 10.0000 8.46 7.65 7.24 12,612 12,343 12,212


^Benchmark

#Additional

Benchmark ##


^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index

HDFC FMP 1198D FEBRUARY 2013 (1) NAV as on March 31, 2016 ` 12.8364


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 11.9547 7.38 8.24 7.69 10,738 10,824 10,769Mar 31, 14 Last 2 Years 10.8876 8.57 11.35 8.21 11,790 12,403 11,711Mar 28, 13 Last 3 Years 10.1001 8.29 8.96 7.39 12,709 12,947 12,395Feb 13, 13 Since Inception 10.0000 8.31 8.82 7.43 12,836 13,028 12,515


^Benchmark

#Additional

Benchmark ##



HDFC FMP 1919D JANUARY 2013 (1) NAV as on March 31, 2016 ` 13.2626


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 12.2351 8.40 8.24 7.69 10,840 10,824 10,769Mar 31, 14 Last 2 Years 10.8512 10.54 11.35 8.21 12,222 12,403 11,711Mar 28, 13 Last 3 Years 10.1441 9.31 8.96 7.39 13,074 12,947 12,395Jan 08, 13 Since Inception 10.0000 9.14 8.77 7.46 13,263 13,118 12,614


^Benchmark

#Additional

Benchmark ##



HDFC FMP 3360D MARCH 2014 (1) NAV as on March 31, 2016 ` 11.1026


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 10.1444 9.45 8.24 7.97 10,945 10,824 10,797Mar 31, 14 Last 2 Year 9.9970 5.38 11.35 11.21 11,106 12,403 12,371Mar 26, 14 Since Inception 10.0000 5.32 11.35 11.11 11,103 12,422 12,367


^Benchmark

#Additional

Benchmark ##


^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Composite Bond Fund Index ## CRISIL 10 year Gilt Index





HDFC FMP 366D MARCH 2014 (2) NAV as on March 31, 2016 ` 11.8513A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Bttenchmark ##



HDFC FMP 366D MAY 2014 (2) NAV as on March 31, 2016 ` 11.6573A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 10.7469 8.47 8.47 7.69 10,847 10,847 10,769Jun 03, 14 Since Inception 10.0000 8.75 9.20 8.12 11,657 11,744 11,534


^Benchmark

#Additional

Benchmark ##

Mar 31, 15 To Mar 31, 16 8.47 8.47 7.69^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Short Term Bond Fund Index ## CRISIL 1 year T-Bill Index

HDFC FMP 370D JUNE 2014 (1) NAV as on March 31, 2016 ` 11.6463A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##









per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 10.6634 8.53 8.47 7.69 10,853 10,847 10,769Jul 02, 14 Since Inception 10.0000 8.71 9.21 8.16 11,573 11,664 11,469


^Benchmark

#Additional

Benchmark ##



per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##


HDFC FMP 1123D JUlY 2014 (1) NAV as on March 31, 2016 ` 11.6560A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 10.7498 8.43 8.24 7.69 10,843 10,824 10,769Aug 05, 14 Since Inception 10.0000 9.70 11.05 8.22 11,656 11,894 11,396


^Benchmark

#Additional

Benchmark ##

Mar 31, 15 To Mar 31, 16 8.43 8.24 7.69^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##


HDFC FMP 1184D JANUARY 2015 (1) NAV as on March 31, 2016 ` 11.1942A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 10.1574 10.21 8.24 7.69 11,021 10,824 10,769Jan 29, 15 Since Inception 10.0000 10.12 8.05 7.86 11,194 10,948 10,926


^Benchmark

#Additional

Benchmark ##


HDFC FMP 1157D FEBRUARY 2015 (1) NAV as on March 31, 2016 ` 10.9465A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 10.1012 8.37 8.24 7.69 10,837 10,824 10,769Feb 25, 15 Since Inception 10.0000 8.60 8.20 7.99 10,947 10,903 10,879


^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 10.0240 8.57 8.24 7.69 10,857 10,824 10,769Mar 19, 15 Since Inception 10.0000 8.51 8.40 7.95 10,883 10,871 10,825


^Benchmark

#Additional

Benchmark ##



per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##


HDFC FMP 369D APRIl 2014 (1) NAV as on March 31, 2016 ` 11.8043A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 10.9096 8.20 8.47 7.69 10,820 10,847 10,769Apr 04, 14 Since Inception 10.0000 8.68 9.45 8.30 11,804 11,970 11,721


^Benchmark

#Additional

Benchmark ##



per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##







per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 10.8399 8.13 8.47 7.69 10,813 10,847 10,769May 13, 14 Since Inception 10.0000 8.79 9.31 8.26 11,721 11,828 11,613


^Benchmark

#Additional

Benchmark ##



per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





SHOBHIT MEHROTRA....CONTINUED



per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##

Mar 31, 15 To Mar 31, 16 8.45 8.47 7.69^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill IndexPerformance 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.

ANIl BAMBOlIHDFC CASH MANAGEMENT FUND - CAll PlAN NAV as on March 31, 2016 ` 2,354.8662A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 24, 16 Last 7 days n.A. n.A. n.A. n.A. n.A. n.A. n.A.Mar 16, 16 Last 15 days 2,348.3747 0.28 0.45 0.28 10,028 10,045 10,028Feb 29, 16 Last 1 Month 2,341.5741 0.57 0.84 0.64 10,057 10,084 10,064Mar 31, 15 Last 1 Year 2,199.0400 7.09 8.06 7.69 10,709 10,806 10,769Mar 31, 14 Last 2 Year 2,035.6400 7.54 8.50 8.21 11,568 11,776 11,711Mar 28, 13 Last 3 Years 1,878.0600 7.80 8.82 7.39 12,539 12,900 12,395Feb 06, 02 Since Inception 1,000.0000 6.24 n.A. 5.91 23,549 n.A. 22,539


^Benchmark

#Additional

Benchmark ##


^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Liquid Fund Index ## CRISIL 1 year T-Bill Index.

HDFC ANNUAl INTERVAl FUND - SERIES I - PlAN A NAV as on March 31, 2016 ` 13.1104A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 12.0604 8.71 8.47 7.69 10,871 10,847 10,769Mar 31, 14 Last 2 Years 11.0343 8.99 9.38 8.21 11,881 11,967 11,711Mar 28, 13 Last 3 Years 10.0837 9.11 9.18 7.39 13,002 13,027 12,395Mar 06, 13 Since Inception 10.0000 9.22 9.21 7.45 13,110 13,109 12,470


^Benchmark

#Additional

Benchmark ##


^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Short Term Bond Fund Index ## CRISIL 1 year T-Bill Index.

HDFC ANNUAl INTERVAl FUND - SERIES I - PlAN B NAV as on March 31, 2016 ` 13.0192A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##


^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # 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 instruments having maturity upto the opening of the immediately following specified transaction period, which is at annual intervals.





HDFC DEBT FUND FOR CANCER CURE - 2014 NAV as on March 31, 2016 ` 10.3525A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 10.2031 7.57 8.47 7.69 10,757 10,847 10,769Mar 31, 14 Last 2 Years 10.0629 9.29 9.38 8.21 11,947 11,967 11,711Mar 18, 14 Since Inception 10.0000 9.46 9.49 8.29 12,022 12,029 11,763


^Benchmark

#Additional

Benchmark ##


^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Short-Term Bond Fund Index ## CRISIL 1 year T-Bill Index.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. Returns of HDFC Debt Fund For Cancer Cure - 2014 are computed based on nAV of Dividend Option and all dividends (after statutory levy) are assumed to be reinvested in the units of the scheme at the then prevailing nAV (ex-dividend nAV).

HDFC FMP 369D DECEMBER 2013 (1) NAV as on March 31, 2016 ` 12.1663A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 11.7298 8.39 8.47 7.69 10,839 10,847 10,769Mar 31, 14 Last 2 Years 10.6660 9.17 9.38 8.21 11,921 11,967 11,711Jul 31, 13 Since Inception 10.0000 9.42 9.79 8.32 12,715 12,831 12,377


^Benchmark

#Additional

Benchmark ##



HDFC FMP 370D AUGUST 2013 (1) NAV as on March 31, 2016 ` 12.6936A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 11.7035 8.46 8.47 7.69 10,846 10,847 10,769Mar 31, 14 Last 2 Years 10.6543 9.14 9.38 8.21 11,914 11,967 11,711Aug 08, 13 Since Inception 10.0000 9.43 9.71 8.26 12,694 12,781 12,337


^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



SCHEME PERFORMANCE - GROWTH OPTION (FUND MANAGER-WISE)ANIl BAMBOlI....CONTINUED


Performance of FMP schemes, being close0-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.



per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



HDFC FMP 371D JUlY 2013 (1) NAV as on March 31, 2016 ` 12.6758


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#i


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



HDFC FMP 371D AUGUST 2013 (1) NAV as on March 31, 2016 ` 12.6433


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##









per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##








per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 11.4784 10.64 8.24 7.69 11,064 10,824 10,769Mar 31, 14 Last 2 Year 10.1699 11.73 11.35 8.21 12,487 12,403 11,711Feb 05, 14 Since Inception 10.0000 11.75 11.27 8.32 12,700 12,582 11,876


^Benchmark

#Additional

Benchmark ##


^Past performance may or may not be sustained in the future. Returns gre ater than 1 year period are compounded annualized (CAGR). # CRISIL Composite Bond Fund Index ## CRISIL 1 year T-Bill Index






per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 11.1105 8.46 8.47 7.69 10,846 10,847 10,769Mar 31, 14 Last 2 Year 10.1961 8.70 9.38 8.21 11,818 11,967 11,711Jan 16, 14 Since Inception 10.0000 8.82 9.46 8.12 12,050 12,205 11,879


^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##








per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##










per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#

Additional Benchmairk

Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#

Additional Bencihmark

Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##






per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





ANIl BAMBOlI....CONTINUED




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.Performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. Load is not taken into consideration for computation of performance.@ shows the current value of ` 10,000/- invested at the beginning of a given period. n.A.: not Available


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##






per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#i


Returns (%) ##






^Benchmark

#Additional

Benchmark ##

Mar 31, 15 To Mar 31, 16 8.37 8.24 7.69



per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 10.6726 8.52 8.24 7.69 10,852 10,824 10,769Sep 05, 14 Since Inception 10.0000 9.81 10.98 8.20 11,582 11,777 11,317


^Benchmark

#Additional

Benchmark ##

Mar 31, 15 To Mar 31, 16 8.52 8.24 7.69


HDFC FMP 1134D SEPTEMBER 2014 (1) NAV as on March 31, 2016 ` 11.6094A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##

Mar 31, 15 To Mar 31, 16 8.50 8.24 7.69



per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 10.5289 8.52 8.24 7.69 10,852 10,824 10,769Oct 10, 14 Since Inception 10.0000 9.46 10.70 8.21 11,426 11,617 11,233


^Benchmark

#Additional

Benchmark ##

Mar 31, 15 To Mar 31, 16 8.52 8.24 7.69



per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##

Mar 31, 15 To Mar 31, 16 8.51 8.24 7.69



per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 10.3590 8.55 8.24 7.69 10,855 10,824 10,769nov 11, 14 Since Inception 10.0000 8.83 9.60 8.08 11,244 11,355 11,138


^Benchmark

#Additional

Benchmark ##

Mar 31, 15 To Mar 31, 16 8.55 8.24 7.69










per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 10.2688 8.01 8.24 7.69 10,801 10,824 10,769Dec 05, 14 Since Inception 10.0000 8.16 8.89 8.06 11,091 11,190 11,078


^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##


KRISHAN KUMAR DAGAHDFC GOlD EXCHANGE TRADED FUND* NAV as on March 31, 2016 ` 2,739.5004

A. Cumulative PerformanceDate Period NAV per Unit

(`)Scheme

Returns (%)^Benchmark

Returns (%)#Value of Investment of Scheme ` 10000@

Scheme (`) Benchmark (`)#Mar 31, 15 Last 1 Year 2,496.3725 9.74 10.95 10,974 11,095 Mar 31, 14 Last 2 Years 2,662.0135 1.44 2.53 10,291 10,513 Mar 28, 13 Last 3 Years 2,891.0922 -1.77 -0.74 9,476 9,778 Aug 13, 10 Since Inception 1,800.3288 7.73 8.37 15,217 15,731


^Benchmark

#Mar 31, 15 To Mar 31, 16 9.74 10.95Mar 31, 14 To Mar 31, 15 -6.22 -5.24Mar 28, 13 To Mar 31, 14 -7.86 -6.95

^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # Domestic Price of Physical Gold. Since inception returns are calculated on ` 1,800.3288 (allotment price) * Currently, there are no Options being offered under the Scheme.

HDFC GOlD FUND NAV as on March 31, 2016 ` 9.5101

A. Cumulative PerformanceDate Period NAV per Unit

(`)Scheme

Returns (%)^Benchmark

Returns (%)#Value of Investment of Scheme ` 10000@

Scheme (`) Benchmark (`)#Mar 31, 15 Last 1 Year 9.0170 5.47 10.95 10,547 11,095Mar 31, 14 Last 2 Years 10.1747 -3.32 2.53 9,347 10,513Mar 28, 13 Last 3 Years 10.4743 -3.16 -0.74 9,079 9,778nov 01, 11 Since Inception 10.0000 -1.13 1.59 9,510 10,720


^Benchmark


^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # Domestic Price of Physical Gold






CO-MANAGED BY VINAY KUlKARNI & ANIl BAMBOlIHDFC CAPITAl PROTECTION ORIENTED FUND - SERIES I - 36M AUGUST 2013 NAV as on March 31, 2016 ` 12.4176


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##


^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL MIP Blended Index ## CRISIL 1 year T-Bill Index

HDFC CPO - II - 36M MAY 2014 NAV as on March 31, 2016 ` 11.1264


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##

Mar 31, 15 To Mar 31, 16 3.60 5.67 7.69


HDFC CPO - II - 36M JUNE 2014 NAV as on March 31, 2016 ` 11.1045


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##

Mar 31, 15 To Mar 31, 16 3.57 5.67 7.69


HDFC CPO - I - 36M SEPTEMBER 2013 NAV as on March 31, 2016 ` 12.0755


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



HDFC CPO - I - 36M OCTOBER 2013 NAV as on March 31, 2016 ` 12.0356


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



HDFC CPO - II - 36M JANUARY 2014 NAV as on March 31, 2016 ` 11.8466A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 11.4600 3.37 5.67 7.69 10,337 10,567 10,769Mar 31, 14 Last 2 Years 10.2854 7.31 10.91 8.21 11,518 12,305 11,711Jan 29, 14 Since Inception 10.0000 8.12 11.46 8.28 11,847 12,654 11,884


^Benchmark

#Additional

Benchmark ##


^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL MIP Blended Index ## CRISIL 1 year T-Bill IndexPerformance 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.




HDFC CPO - II - 36M FEBRUARY 2014 NAV as on March 31, 2016 ` 11.6135


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



HDFC CPO - III - 1207D DECEMBER 2014 NAV as on March 31, 2016 ` 10.5554


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##

Mar 31, 15 To Mar 31, 16 3.68 5.67 7.69^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL MIP Blended Index ## CRISIL 1 year T-Bill Index

HDFC CPO - III - 1100D OCTOBER 2014 NAV as on March 31, 2016 ` 10.7067


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##


HDFC CPO - III - 1173D JANUARY 2015 NAV as on March 31, 2016 ` 10.5264


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##

Mar 31, 15 To Mar 31, 16 4.42 5.67 7.69^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL MIP Blended Index ## CRISIL 1 year T-Bill IndexPerformance 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.

CO-MANAGED BY MITEN lATHIA & ANIl BAMBOlIHDFC DYNAMIC PE RATIO FUND OF FUNDS NAV as on March 31, 2016 ` 13.0980


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 13.8141 -5.18 -2.90 -8.86 9,482 9,710 9,114Mar 28, 14 Last 2 Years 11.7133 5.71 9.08 7.46 11,182 11,910 11,557Mar 28, 13 Last 3 Years 11.0028 5.96 10.46 10.80 11,904 13,491 13,618Feb 06, 12 Since Inception 10.0000 6.72 9.41 9.24 13,098 14,525 14,433


^Benchmark

#Additional

Benchmark ##


^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Balanced Fund Index ## nifty 50 IndexScheme 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.

VINAY KUlKARNI & ANIl BAMBOlI....CONTINUED


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

PRASHANT JAINHDFC EQUITY FUND NAV as on March 31, 2016 ` 426.764A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 477.137 -10.56 -7.54 -8.86 8,944 9,246 9,114Mar 31, 14 Last 2 Years 334.760 12.89 11.11 7.43 12,748 12,349 11,543Mar 28, 13 Last 3 Years 271.528 16.20 13.23 10.80 15,717 14,537 13,618Jan 01, 13 Since Inception 296.876 11.83 9.64 8.43 14,375 13,481 13,004


^Benchmark

#Additional

Benchmark ##


^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # nifty 500 Index ## nifty 50 Index

HDFC TOP 200 FUND NAV as on March 31, 2016 ` 315.204A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



HDFC PRUDENCE FUND NAV as on March 31, 2016 ` 360.679A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##


^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Balanced Fund Index ## nifty 50 IndexScheme 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.

VINAY KUlKARNIHDFC CORE & SATEllITE FUND NAV as on March 31, 2016 ` 56.455A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



HDFC PREMIER MUlTI-CAP FUND NAV as on March 31, 2016 ` 38.669A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





HDFC lARGE CAP FUND NAV as on March 31, 2016 ` 82.523A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##


^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # nifty 50 Index ## S&P BSE SEnSEx

HDFC TAXSAVER NAV as on March 31, 2016 ` 360.487A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



CHIRAG SETAlVAD

HDFC MID-CAP OPPORTUNITIES FUND NAV as on March 31, 2016 ` 37.114A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##


^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # nifty Midcap 100 Index ## nifty 50 Index

HDFC SMAll AND MID-CAP FUND NAV as on March 31, 2016 ` 25.970A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 25.885 0.33 -13.13 -8.86 10,033 8,687 9,114Mar 31, 14 Last 2 Years 18.195 19.44 14.99 7.43 14,273 13,228 11,543Mar 28, 13 Last 3 Years 14.747 20.68 15.89 10.80 17,610 15,588 13,618Jan 01, 13 Since Inception 15.909 16.29 8.30 8.43 16,324 12,955 13,004


^Benchmark

#Additional

Benchmark ##

Mar 31, 15 To Mar 31, 16 0.33 -13.13 -8.86Mar 31, 14 To Mar 31, 15 42.26 52.27 26.65Mar 28, 13 To Mar 31, 14 23.17 17.69 17.82

^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # nifty Smallcap 100 Index ## nifty 50 Index

HDFC BAlANCED FUND NAV as on March 31, 2016 ` 108.942A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



SCHEME PERFORMANCE - DIRECT PlAN - GROWTH OPTION (FUND MANAGER-WISE)VINAY KUlKARNI....CONTINUED



HDFC CHIlDREN’S GIFT FUND - INVESTMENT PlAN NAV as on March 31, 2016 ` 83.608A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



HDFC CHIlDREN’S GIFT FUND - SAVINGS PlAN NAV as on March 31, 2016 ` 38.0096A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##


^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL MIP Blended Index ## CRISIL 10 year Gilt IndexScheme 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.

HDFC lONG TERM ADVANTAGE FUND NAV as on March 31, 2016 ` 231.056


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##


^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # S&P BSE SEnSEx ## nifty 50 Index

SRINIVAS RAO RAVURIHDFC GROWTH FUND NAV as on March 31, 2016 ` 127.238A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##


^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # S&P BSE SEnSEx ## nifty 50 Index

HDFC RAJIV GANDHI EQUITY SAVINGS SCHEME - SERIES II NAV as on March 31, 2016 ` 12.778A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 14.009 -8.79 -8.96 -9.36 9,121 9,104 9,064Mar 31, 14 Last 2 Year 10.642 9.56 8.07 6.39 12,007 11,682 11,320Mar 14, 14 Since Inception 10.000 12.71 9.82 7.60 12,778 12,115 11,619


^Benchmark

#Additional

Benchmark ##

Mar 31, 15 To Mar 31, 16 -8.79 -8.96 -9.36Mar 31, 14 To Mar 31, 15 31.64 28.32 24.89


HDFC FOCUSED EQUITY FUND - PlAN A NAV as on March 31, 2016 ` 9.107A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 9.690 -6.02 -8.96 -9.36 9,398 9,104 9,064Feb 23, 15 Since Inception 10.000 -8.14 -10.46 -11.45 9,107 8,855 8,746


^Benchmark

#Additional

Benchmark ##

Mar 31, 15 To Mar 31, 16 -6.02 -8.96 -9.36^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # S&P BSE 100 ## S&P BSE SEnSEx

SCHEME PERFORMANCE - DIRECT PlAN - GROWTH OPTION (FUND MANAGER-WISE)CHIRAG SETAlVAD....CONTINUED




SHOBHIT MEHROTRAHDFC INCOME FUND NAV as on March 31, 2016 ` 34.7723


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



HDFC HIGH INTEREST FUND - STP NAV as on March 31, 2016 ` 30.1192


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



HDFC FlOATING RATE INCOME FUND - STP - WHOlESAlE OPTION NAV as on March 31, 2016 ` 26.1002


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##


^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Liquid Fund Index ## CRISIL 1 year T-Bill Index

HDFC FlOATING RATE INCOME FUND - lTP NAV as on March 31, 2016 ` 26.4144


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



HDFC CORPORATE DEBT OPPORTUNITIES FUND NAV as on March 31, 2016 ` 12.4888


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##


^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Short Term Bond Fund Index ## CRISIL 10 year Gilt Index






per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##


^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Short Term Bond Fund Index. ## CRISIL 1 year T-Bill Index.



per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




A. Cumulative PerformanceDate Perio d NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##










per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 11.2725 8.52 8.47 7.69 10,852 10,847 10,769Mar 31, 14 Last 2 Year 10.3496 8.71 9.38 8.21 11,819 11,967 11,711nov 06, 13 Since Inception 10.0000 8.76 9.43 8.13 12,233 12,414 12,065


^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##










per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##








HDFC FMP 1107D MAY 2013 (1) NAV as on March 31, 2016 ` 12.6842


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 11.6699 8.69 8.24 7.69 10,869 10,824 10,769Mar 31, 14 Last 2 Years 10.5464 9.65 11.35 8.21 12,027 12,403 11,711May 23, 13 Since Inception 10.0000 8.68 7.65 7.24 12,684 12,343 12,212


^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 12.0358 7.64 8.24 7.69 10,764 10,824 10,769Mar 31, 14 Last 2 Years 10.9341 8.84 11.35 8.21 11,849 12,403 11,711Mar 28, 13 Last 3 Years 10.1092 8.59 8.96 7.39 12,816 12,947 12,395Feb 13, 13 Since Inception 10.0000 8.63 8.82 7.43 12,956 13,028 12,515


^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##










per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##







per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##


KRISHAN KUMAR DAGAHDFC ARBITRAGE FUND - WHOlESAlE PlAN NAV as on March 31, 2016 ` 11.608A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 10.806 7.42 8.06 -8.86 10,742 10,806 9,114Apr 07, 14 Since Inception 10.000 7.81 8.52 7.57 11,608 11,760 11,558


^Benchmark

#Additional

Benchmark ##

Mar 31, 15 To Mar 31, 16 7.42 8.06 -8.86^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Liquid Fund Index ## nifty 50 IndexScheme 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, etc.

HDFC INDEX FUND - SENSEX PlAN NAV as on March 31, 2016 ` 219.9637A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##


^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # S&P BSE SEnSEx (Total Returns Index) ## nifty 50 Index.

HDFC INDEX FUND - NIFTY PlAN NAV as on March 31, 2016 ` 68.8237A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##


^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # nifty 50 Index (Total Returns Index) ## S&P BSE SEnSEx.

HDFC INDEX FUND - SENSEX PlUS PlAN NAV as on March 31, 2016 ` 334.9548A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##


^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # S&P BSE SEnSEx (Total Returns Index) ## nifty 50 Index.

HDFC GOlD FUND NAV as on March 31, 2016 ` 9.6093A. Cumulative PerformanceDate Period NAV per Unit

(`)Scheme Returns

(%)^Benchmark

Returns (%)#Value of Investment of Scheme ̀ 10000@

Scheme (`) Benchmark (`)#Mar 31, 15 Last 1 Year 9.0672 5.98 10.95 10,598 11,095 Mar 31, 14 Last 2 Years 10.1991 -2.93 2.53 9,422 10,513 Mar 28, 13 Last 3 Years 10.4786 -2.84 -0.74 9,170 9,778 Jan 01, 13 Since Inception 11.0586 -4.23 -1.48 8,689 9,526


^Benchmark


^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # Domestic Price of Physical Gold.





ANUPAM JOSHIHDFC lIQUID FUND NAV as on March 31, 2016 ` 2,990.1978


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 24, 16 Last 7 days n.A. n.A. n.A. n.A. n.A. n.A. n.A.Mar 16, 16 Last 15 days 2,978.1941 0.40 0.45 0.28 10,040 10,045 10,028Feb 29, 16 Last 1 Month 2,967.6687 0.76 0.84 0.64 10,076 10,084 10,064Mar 31, 15 Last 1 Year 2,761.2800 8.29 8.06 7.69 10,829 10,806 10,769Mar 31, 14 Last 2 Years 2,533.0600 8.64 8.50 8.21 11,805 11,776 11,711Mar 28, 13 Last 3 Years 2,311.4900 8.93 8.82 7.39 12,936 12,900 12,395Dec 31, 12 Since Inception 2,265.1000 8.92 8.78 7.51 13,201 13,144 12,652


^Benchmark

#Additional

Benchmark ##



HDFC MEDIUM TERM OPPORTUNITIES FUND NAV as on March 31, 2016 ` 16.5369


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



HDFC CASH MANAGEMENT FUND - TREASURY ADVANTAGE PlAN - RETAIl OPTION NAV as on March 31, 2016 ` 32.4961


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



ANIl BAMBOlIHDFC HIGH INTEREST FUND - DYNAMIC PlAN NAV as on March 31, 2016 ` 52.4009


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



HDFC SHORT TERM PlAN NAV as on March 31, 2016 ` 29.8993


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##






HDFC SHORT TERM OPPORTUNITIES FUND NAV as on March 31, 2016 ` 16.5983


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



HDFC GIlT FUND - SHORT TERM PlAN NAV as on March 31, 2016 ` 25.0494


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##


^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # I-Sec Si-Bex ## CRISIL 1 year T-Bill Index

HDFC GIlT FUND - lONG TERM PlAN NAV as on March 31, 2016 ` 30.6339


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##


^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # I-Sec Li-Bex ## CRISIL 10 year Gilt Index

HDFC CASH MANAGEMENT FUND - SAVINGS PlAN NAV as on March 31, 2016 ` 3,163.9749


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



HDFC CASH MANAGEMENT FUND - CAll PlAN NAV as on March 31, 2016 ` 2,359.5305


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##







HDFC BANKING AND PSU DEBT FUND NAV as on March 31, 2016 ` 12.0285


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



HDFC ANNUAl INTERVAl FUND - SERIES I - PlAN A NAV as on March 31, 2016 ` 13.1309


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



HDFC ANNUAl INTERVAl FUND - SERIES I - PlAN B NAV as on March 31, 2016 ` 13.0433


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



HDFC DEBT FUND FOR CANCER CURE - 2014 NAV as on March 31, 2016 ` 10.3525


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##


^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Short-Term Bond Fund Index ## CRISIL 1 year T-Bill Index.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. Returns of HDFC Debt Fund For Cancer Cure - 2014 are computed based on nAV of Dividend Option and all dividends (after statutory levy) are assumed to be reinvested in the units of the scheme at the then prevailing nAV (ex-dividend nAV).



per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##









per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

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(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##










per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 11.2371 8.48 8.47 7.69 10,848 10,847 10,769Mar 31, 14 Last 2 Year 10.2847 8.86 9.38 8.21 11,852 11,967 11,711Dec 11, 13 Since Inception 10.0000 8.97 9.52 8.22 12,190 12,330 11,995


^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##









per Unit (`)

Scheme Returns

(%)^

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(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

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(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

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(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

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(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



SCHEME PERFORMANCE - DIRECT PlAN - GROWTH OPTION (FUND MANAGER-WISE)ANIl BAMBOlI....CONTINUED






per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

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(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

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(%)^

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Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

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(%)^

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Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

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Returns (%) ##






^Benchmark

#Additional

Benchmark ##





per Unit (`)

Scheme Returns

(%)^

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(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##









per Unit (`)

Scheme Returns

(%)^

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(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

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(%)#


Returns (%) ##






^Benchmark

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Benchmark ##




per Unit (`)

Scheme Returns

(%)^

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(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##




per Unit (`)

Scheme Returns

(%)^

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(%)#


Returns (%) ##






^Benchmark

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Benchmark ##




per Unit (`)

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(%)^

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Returns (%) ##






^Benchmark

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Benchmark ##



per Unit (`)

Scheme Returns

(%)^

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(%)#


Returns (%) ##






^Benchmark

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Benchmark ##



per Unit (`)

Scheme Returns

(%)^

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(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##









per Unit (`)

Scheme Returns

(%)^

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(%)#


Returns (%) ##






^Benchmark

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Benchmark ##



per Unit (`)

Scheme Returns

(%)^

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(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



per Unit (`)

Scheme Returns

(%)^

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Returns (%) ##






^Benchmark

#Additional

Benchmark ##



per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##


HDFC FMP 1113D NOVEMBER 2014 (1) NAV as on March 31, 2016 ` 11.2308A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##


HDFC FMP 1111D NOVEMBER 2014 (1) NAV as on March 31, 2016 ` 11.1353A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





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.Performance of dividend option under the schemes for the investors would be net of distribution tax as applicable. Load is not taken into consideration for computation of performance.@ shows the current value of ` 10,000/- invested at the beginning of a given period. n.A.: not Available


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##


CO-MANAGED BY PRASHANT JAIN & SRINIVAS RAO RAVURIHDFC INFRASTRUCTURE FUND NAV as on March 31, 2016 ` 14.246A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



CO-MANAGED BY PRASHANT JAIN & SHOBHIT MEHROTRAHDFC MF MIP lONG TERM PlAN NAV as on March 31, 2016 ` 35.9516A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



CO-MANAGED BY VINAY KUlKARNI & SHOBHIT MEHROTRAHDFC MF MIP SHORT TERM PlAN NAV as on March 31, 2016 ` 25.7213A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



CO-MANAGED BY VINAY KUlKARNI & ANIl BAMBOlIHDFC CPO - III - 1173D JANUARY 2015 NAV as on March 31, 2016 ` 10.5862A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##


HDFC CAPITAl PROTECTION ORIENTED FUND - SERIES I - 36M AUGUST 2013 NAV as on March 31, 2016 ` 12.5830A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##





SCHEME PERFORMANCE - DIRECT PlAN - GROWTH OPTION (FUND MANAGER-WISE)VINAY KUlKARNI & ANIl BAMBOlI....CONTINUED


HDFC CPO - I - 36M SEPTEMBER 2013 NAV as on March 31, 2016 ` 12.2261A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



HDFC CPO - I - 36M OCTOBER 2013 NAV as on March 31, 2016 ` 12.1811A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



HDFC CPO - II - 36M JANUARY 2014 NAV as on March 31, 2016 ` 11.9770A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 11.5284 3.89 5.67 7.69 10,389 10,567 10,769Mar 31, 14 Last 2 Years 10.2941 7.85 10.91 8.21 11,635 12,305 11,711Jan 29, 14 Since Inception 10.0000 8.67 11.46 8.28 11,977 12,654 11,884


^Benchmark

#Additional

Benchmark ##



HDFC CPO - II - 36M FEBRUARY 2014 NAV as on March 31, 2016 ` 11.7356A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



HDFC CPO - II - 36M MAY 2014 NAV as on March 31, 2016 ` 11.2267A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##


HDFC CPO - II - 36M JUNE 2014 NAV as on March 31, 2016 ` 11.2024A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##


HDFC CPO - III - 1207D DECEMBER 2014 NAV as on March 31, 2016 ` 10.6232A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##

Mar 31, 15 To Mar 31, 16 4.20 5.67 7.69^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL MIP Blended Index ## CRISIL 1 year T-Bill IndexPerformance 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.




VINAY KUlKARNI & ANIl BAMBOlI....CONTINUED

HDFC CPO - III - 1100D OCTOBER 2014 NAV as on March 31, 2016 ` 10.7833A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##

Mar 31, 15 To Mar 31, 16 4.31 5.67 7.69

^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL MIP Blended Index ## CRISIL 1 year T-Bill IndexPerformance 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.

CO-MANAGED BY CHIRAG SETAlVAD & MITEN lATHIAHDFC CAPITAl BUIlDER FUND NAV as on March 31, 2016 ` 198.042


per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##



CO-MANAGED BY ANIl BAMBOlI & MITEN lATHIAHDFC DYNAMIC PE RATIO FUND OF FUNDS NAV as on March 31, 2016 ` 13.4098A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##


^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Balanced Fund Index ## nifty 50 IndexScheme 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.

CO-MANAGED BY CHIRAG SETAlVAD & ANIl BAMBOlIHDFC MUlTIPlE YIElD FUND - PlAN 2005 NAV as on March 31, 2016 ` 26.2663A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##






^Benchmark

#Additional

Benchmark ##


^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL MIP Blended Index ## CRISIL 1 year T-Bill IndexScheme 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.

CO-MANAGED BY VINAY KUlKARNI, KRISHAN KUMAR DAGA & ANIl BAMBOlI HDFC EQUITY SAVINGS FUND NAV as on March 31, 2016 ` 26.8040A. Cumulative PerformanceDate Period NAV

per Unit (`)

Scheme Returns

(%)^

Benchmark Returns

(%)#


Returns (%) ##




(`)##Mar 31, 15 Last 1 Year 26.1482 2.51 -2.12 7.97 10,251 9,788 10,797Mar 31, 14 Last 2 Years 23.2178 7.44 8.06 11.21 11,545 11,679 12,371Mar 28, 13 Last 3 Years 20.8274 8.74 9.99 6.98 12,870 13,321 12,252Jan 01, 13 Since Inception 21.0517 7.72 8.64 7.17 12,732 13,089 12,520


^Benchmark

#Additional

Benchmark ##

Mar 31, 15 To Mar 31, 16 2.51 -2.12 7.97Mar 31, 14 To Mar 31, 15 12.62 19.32 14.57Mar 28, 13 To Mar 31, 14 11.38 13.94 -0.95

^Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). # 30% nifty 50 + 40% CRISIL Liquid Fund Index + 30% CRISIL Short Term Bond Fund Index ## CRISIL 10 year Gilt Index. Scheme performance may not strictly be comparable with that of its Additional Benchmark, since a portion of scheme’s investments are made in equity instruments.


Fund ManagerAn employee of the asset management company such as a mutual fund or life insurer, who manages investments of the scheme. He is usually part of a larger team of fund managers and research analysts.

Application Amount for Fresh SubscriptionThis is the minimum investment amount for a new investor in a mutual fund scheme.

Minimum Additional AmountThis is the minimum investment amount for an existing investor in a mutual fund scheme.

Yield to MaturityThe Yield to Maturity or the YTM is the rate of return anticipated on a bond if held until maturity. YTM is expressed as an annual rate. The YTM factors in the bond’s current market price, par value, coupon interest rate and time to maturity.

SIPSIP or systematic investment plan works on the principle of making periodic investments of a fixed sum. It works similar to a recurring bank deposit. For instance, an investor may opt for an SIP that invests Rs 500 every 15th of the month in an equity fund for a period of three years.

NAVThe nAV or the net asset value is the total asset value per unit of the mutual fund after deducting all related and permissible expenses. The nAV is calculated at the end of every business day. It is the value at which the investor enters or exits the mutual fund.

BenchmarkA group of securities, usually a market index, whose performance is used as a standard or benchmark to measure investment performance of mutual funds, among other investments. Some typical benchmarks include the nifty, Sensex, BSE200, BSE500, 10-Year Gsec.

Entry LoadA mutual fund may have a sales charge or load at the time of entry and/or exit to compensate the distributor/agent. Entry load is charged at the time an investor purchases the units of a mutual fund.

The entry load is added to the prevailing nAV at the time of investment. For instance, if the nAV is Rs. 100 and the entry load is 1 %, the investor will enter the fund at Rs. 101. (note: SEBI, vide circular dated June 30, 2009 has abolished entry load and mandated that the upfront commission to distributors will be paid by the investor directly to the distributor, based on his assessment of various factors including the service rendered by the distributor).

Exit LoadExit load is charged at the time an investor redeems the units of a mutual fund. The exit load is reduced from the prevailing nAV at the time of redemption. The investor will receive redemption proceed at net value of nAV less Exit Load. For instance if the nAV is Rs. 100 and the exit load is 1%, the investor will receive Rs. 99.

Modified DurationModified duration is the price sensitivity and the percentage change in price for a unit change in yield.

Standard DeviationStandard deviation is a statistical measure of the range of an investment’s performance. When a mutual fund has a high standard deviation, its means its range of performance is wide, implying greater volatility.

Sharpe RatioThe 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 return to determine reward per unit of risk.

Beta Ratio (Portfolio Beta)Beta is a measure of an investment’s volatility vis-a-vis the market. Beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 implies that the security’s price will be more volatile than the market.

Average portfolio PE (Average P/E)It is price to earnings ratio of the stocks calculated for the entire portfolio on a weighted average basis.

Average portfolio price to book ratio (Average P/BV)It is price to book value of the stocks calculated for the entire portfolio on a weighted average basis.

Average portfolio dividend yield (Average Dividend Yield)It is dividend yield of the stocks calculated for the entire portfolio on a weighted average basis.

Net Equitynet equity level is the net equity exposure percentage adjusted for any derivative positions in stocks or index for hedging or rebalancing purpose.

R SquaredIt is a statistical measure of how closely the portfolio returns are correlated with its benchmark.

AUMAUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm.

HoldingsThe holdings or the portfolio is a mutual fund’s latest or updated reported statement of investments/securities. These are usually displayed in terms of percentage to net assets or the rupee value or both. The objective is to give investors an idea of where their money is being invested by the fund manager.

Nature of SchemeThe investment objective and underlying investments determine the nature of the mutual fund scheme. For instance, a mutual fund that aims at generating capital appreciation by investing in stock markets is an equity fund or growth fund. Likewise, a mutual fund that aims at capital preservation by investing in debt markets is a debt fund or income fund. Each of these categories may have sub-categories.

Rating ProfileMutual funds invest in securities after evaluating their creditworthiness as disclosed by the ratings. A depiction of the mutual fund in various investments based on their ratings becomes the rating profile of the fund. Typically, this is a feature of debt funds.

HOW TO READ FACTSHEET

Sharpe RatioSharpe Ratio is a risk to reward ratio, it measures portfolio returns generated in excess 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) for the commensurate risk taken; negative Sharpe ratio indicates, investors are better off investing in risk-free assets.

BetaBeta ( ) 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 comparison to the market as a whole.

Modified DurationA formula that expresses the measurable change in the value of a security in response to a change in interest rates. Modified duration of portfolio can be used to anticipate the change in market value of portfolio for every change in portfolio yield.

Standard DeviationA statistical measure that defines expected volatility/risk associated with a portfolio. This explains the variation/deviation from the average returns delivered by the portfolio. A higher standard deviation means higher volatility (risk) and a lower standard deviation means lower volatility.

Risk Free ReturnThe theoretical rate of return of an investment with safest (zero risk) investment in a country.

Tracking ErrorTracking error indicates how closely the portfolio return is tracking the benchmark Index return. It measures the deviation between portfolio return and benchmark index return. A lower tracking error indicates portfolio closely tracking benchmark index and higher tracking error indicates portfolio returns with higher deviation from benchmark index returns.

Total Expense RatioTotal expenses charged to scheme for the month expressed as a percentage to average monthly net assets.

Average MaturityWeighted average maturity of the securities in scheme.

Portfolio Yield (Yield To Maturity)Weighted average yield of the securities in scheme portfolio.

GlOSSARY


Dividend History ^

HDFC Growth Fund (Past 3 years) Dividend Option

Record Date Regular Plan Direct Plan

Cum Div NAV (`)

Dividend per Unit (`) For Cum Div NAV (`)

Dividend per Unit (`) For

Individuals & HUF Others Individuals & HUF OthersFeb 13, 14 25.019 3.00 3.00 25.143 3.00 3.00Feb 12, 15 33.959 3.50 3.50 34.313 3.50 3.50Feb 18, 16 25.839 2.50 2.50 26.276 2.50 2.50

HDFC Equity Fund (Past 3 years) Dividend Option


Cum Div NAV (`)



Individuals & HUF Others Individuals & HUF OthersMar 20, 14 43.809 4.00 4.00 44.172 4.00 4.00Mar 19, 15 59.842 5.50 5.50 60.828 5.50 5.50Mar 29, 16 45.848 4.50 4.50 47.059 4.50 4.50

HDFC Top 200 Fund (Past 3 years) Dividend Option


Cum Div NAV (`)




HDFC Capital Builder Fund (Past 3 years) Dividend Option


Cum Div NAV (`)




HDFC Core & Satellite Fund (Past 3 years) Dividend Option


Cum Div NAV (`)




HDFC Premier Multi-Cap Fund (Past 3 years) Dividend Option


Cum Div NAV (`)




HDFC Arbitrage Fundnormal Dividend Option Record Date Wholesale Plan Direct Plan

Cum Div NAV (`)



Individuals & HUF Others Individuals & HUF OthersMar 28, 16 10.472 0.050 0.050 10.646 0.050 0.050Apr 25, 16 10.477 0.050 0.050 10.657 0.050 0.050May 23, 16 10.475 0.050 0.050 10.661 0.050 0.050

Monthly Dividend Option (Past 3 months )Record Date Wholesale Plan Wholesale Plan - Direct Plan

Cum Div NAV (`)




HDFC Large Cap Fund (Past 3 years) Dividend Option


Cum Div NAV (`)



Individuals & HUF Others Individuals & HUF OthersFeb 26, 15 25.817 2.50 2.50 26.048 2.50 2.50Feb 18, 16 - - - 19.186 1.75 1.75

HDFC Mid-Cap Opportunities Fund (Past 3 years) Dividend Option


Cum Div NAV (`)



Individuals & HUF Others Individuals & HUF OthersFeb 26, 14 17.588 1.75 1.75 - - -Mar 24, 15 27.636 2.00 2.00 31.131 2.25 2.25Mar 23, 16 25.133 1.50 1.50 28.582 1.50 1.50

HDFC Small & Mid-Cap Fund (Past 3 years) Dividend Option


Cum Div NAV (`)



Individuals & HUF Others Individuals & HUF OthersFeb 19, 15 22.769 2.00 2.00 23.165 2.00 2.00Feb 25, 16 17.986 2.00 2.00 18.565 1.99 1.99

HDFC Balanced Fund Dividend Option


Cum Div NAV (`)



Individuals & HUF Others Individuals & HUF OthersMar 24, 15 29.333 2.00 2.00 31.654 2.50 2.50Sep 28, 15 27.109 0.50 0.50 29.058 0.50 0.50Dec 28, 15 27.261 0.50 0.50 29.331 0.50 0.50Mar 28, 16 25.730 0.60 0.60 27.805 1.00 1.00

HDFC Prudence Fund (Past 3 months) Dividend Option


Cum Div NAV (`)




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)


Cum Div NAV (`)




HDFC TaxSaver (Past 3 years) Dividend Option(An open-ended equity linked savings scheme with a lock-in period of 3 years)


Cum Div NAV (`)




HDFC Infrastructure Fund (Past 3 years) Dividend Option


Cum Div NAV (`)



Individuals & HUF Others Individuals & HUF OthersMar 05, 15 17.557 1.500 1.500 - - -Mar 17, 16 12.129 1.000 1.000 - - -

^ 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 income is not assured and is subject to availability of distributable surplus) Short Term Plan (Dividend Option) - Monthly Dividend Option (Past 3 months)


Cum Div NAV (`)




Quarterly Dividend Option (Past 3 quarters)


Cum Div NAV (`)



Individuals & HUF Others Individuals & HUF OthersSep 28, 15 12.1579 0.2100 0.1946 12.3414 0.2100 0.1946Dec 28, 15 12.0839 0.2100 0.1946 12.3054 0.2100 0.1946Mar 28, 16 11.7263 0.2100 0.1946 11.9829 0.2100 0.1946

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)

Record Date Regular Plan Direct PlanCum Div NAV (`)


Dividend per Unit (`) ForIndividuals & HUF Others Individuals & HUF Others

Mar 28, 16 13.5802 0.0800 0.0741 13.8049 0.0800 0.0741Apr 25, 16 13.8274 0.0800 0.0741 14.0629 0.0800 0.0741May 25, 16 13.7266 0.0800 0.0741 13.9685 0.0800 0.0741

Quarterly Dividend Option (Past 3 quarters)




Sep 28, 15 14.8327 0.2400 0.2224 15.0323 0.2400 0.2224Dec 28, 15 14.6971 0.2400 0.2224 14.9180 0.2400 0.2224Mar 28, 16 14.2550 0.2400 0.2224 14.4912 0.2400 0.2224

HDFC Equity Savings Fund (Past 3 years) Dividend Option




Feb 13, 14 11.5427 0.7500 0.7183 11.5842 0.7500 0.7183Feb 12, 15 12.2991 0.0871 0.8078 12.4059 0.0871 0.8078Apr 28, 16 11.5210 1.0000 1.0000 11.7190 1.0000 1.0000

HDFC Multiple Yield Fund - Plan 2005 (Past 3 years) Dividend Option




Feb 13, 14 11.4924 0.7500 0.7183 11.5689 0.5000 0.4788Feb 12, 15 12.7502 0.0871 0.8078 13.3081 0.0871 0.8078Mar 03, 16 11.9008 0.7223 0.6692 12.5570 0.7223 0.6692

HDFC Income Fund (Past 3 quarters) Quarterly Dividend Option




Sep 28, 15 11.1558 0.1500 0.1390 12.4059 0.1500 0.1390Dec 28, 15 11.0380 0.1000 0.0926 11.3686 0.1000 0.0926Mar 28, 16 11.2060 0.1000 0.0926 11.5738 0.1000 0.0926

HDFC High Interest Fund - Dynamic PlanQuarterly Dividend Option (Past 3 quarters) Record Date Regular Plan Direct Plan

Cum Div NAV (`)



Sep 28, 15 11.9048 0.1500 0.1390 12.2031 0.1500 0.1390Dec 28, 15 11.7952 0.1000 0.0926 12.1229 0.1500 0.1390Mar 28, 16 11.9939 0.1000 0.0926 12.2873 0.1000 0.0926

HDFC High Interest Fund - Dynamic PlanHalf-yearly (Dividend Option) (Past 2 years) Record Date Regular Plan Direct Plan

Cum Div NAV (`)



Mar 25, 15 12.0057 0.5000 0.4637 12.5462 0.5000 0.4637Sep 28, 15 11.5640 0.2500 0.2316 12.1722 0.2500 0.2316Dec 28, 15 11.7952 0.1000 0.0926 11.7952 0.1000 0.0926Mar 28, 16 11.6403 0.2000 0.1853 11.3264 0.2000 0.1853

Yearly (Dividend Option) (Past 3 years) Record Date Regular Plan Direct Plan

Cum Div NAV (`)



Mar 25, 14 12.4424 0.6500 0.6225 12.5647 0.6500 0.6225Mar 25, 15 13.5259 0.9000 0.8346 13.7872 0.9000 0.8346Mar 28, 16 13.0240 0.4000 0.3706 13.4221 0.4500 0.4169

HDFC High Interest Fund - Short Term Plannormal Dividend OptionRecord Date Regular Plan Direct Plan

Cum Div NAV (`)



Apr 11, 16 - - - 10.6752 0.0703 0.0652Apr 25, 16 - - - 10.5940 0.0117 0.0108May 10, 16 - - - 10.6052 0.0198 0.0183May 25, 16 - - - 10.6067 0.0209 0.0193

HDFC Short Term PlanMonthly Dividend Option (Past 3 months)Record Date Regular Plan Direct Plan

Cum Div NAV (`)



Mar 28, 16 10.4563 0.1005 0.0931 10.4604 0.1034 0.0958Apr 25, 16 10.4311 0.0823 0.0762 10.4348 0.0849 0.0787May 25, 16 10.3687 0.0372 0.0345 10.3726 0.0400 0.0371

HDFC Medium Term Opportunities FundQuarterly Dividend Option (Past 3 quarters) Record Date Regular Plan Direct Plan

Cum Div NAV (`)



Sep 28, 15 10.3472 0.1618 0.1499 10.4247 0.1656 0.1534Dec 28, 15 10.3200 0.1529 0.1417 10.3964 0.1560 0.1445Mar 28, 16 10.3252 0.1462 0.1354 10.4017 0.1492 0.1382

HDFC Gilt FundShort Term Plan (Dividend Option) (Past 3 quarters) Record Date Regular Plan Direct Plan

Cum Div NAV (`)



Sep 28, 15 11.1337 0.1500 0.1390 11.4307 0.1500 0.1390Dec 28, 15 11.4177 0.2000 0.1853 11.5279 0.2000 0.1853Mar 28, 15 11.4053 0.1500 0.1390 11.5274 0.1500 0.1390

Long Term Plan (Dividend Option) (Past 3 quarters)




Sep 28, 15 11.1337 0.1500 0.1390 11.4307 0.1500 0.1390Dec 28, 15 10.9408 0.1000 0.0926 11.2551 0.1500 0.1390Mar 28, 16 11.1654 0.1000 0.0926 11.4327 0.1750 0.1621

HDFC Liquid FundMonthly Dividend Option (Past 3 months) Record Date

Regular Plan Direct PlanCum Div NAV (`)



Mar 28, 16 1,032.5706 4.5290 4.1961 1,032.6496 4.5861 4.2489Apr 25, 16 1,033.5843 5.2612 4.8744 1033.6647 5.3193 4.9282May 30, 16 1,033.9301 5.5110 5.1058 1,034.0294 5.5827 5.1722

^ 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 PlanMonthly Dividend Option (Past 3 months) Record Date Wholesale Option Wholesale Option - Direct Plan

Cum Div NAV (`)



Mar 28, 16 10.2238 0.0576 0.0533 10.2247 0.0582 0.0539 Apr 25, 16 10.2372 0.0672 0.0623 10.2380 0.0678 0.0628May 30, 16 10.2134 0.0501 0.0464 10.2144 0.0508 0.0470Record Date Retail Option

Cum Div NAV (`)

Dividend per Unit (`) ForIndividuals & HUF Others

Mar 28, 16 10.2220 0.0564 0.0523Apr 25, 16 10.2356 0.0661 0.0612May 30, 16 10.2115 0.0487 0.0451

HDFC Cash Management Fund - Treasury Advantage PlanMonthly Dividend Option (Past 3 months) Record Date Retail Option Retail Option - Direct Plan

Cum Div NAV (`)



Mar 28, 16 10.1275 0.0560 0.0519 10.2267 0.0608 0.0563Apr 25, 16 10.1427 0.0670 0.0620 10.2420 0.0719 0.0666May 23, 16 10.1092 0.0428 0.0396 10.2096 0.0485 0.0449Record Date Wholesale Option

Cum Div NAV (`)

Dividend per Unit (`) ForIndividuals & HUF Others

Mar 28, 16 10.1390 0.0599 0.0555Apr 25, 16 10.1543 0.0656 0.0608May 23, 16 10.1296 0.0477 0.0442

HDFC Corporate Debt Opportunities FundHalf-yearly Dividend Option (Past 2 years)


Cum Div NAV (`)



Individuals & HUF Others Individuals & HUF OthersSep 25, 14 10.5694 0.3745 0.3586 10.5948 0.3957 0.3791Mar 25, 15 10.7056 0.3397 0.3150 10.7523 0.3750 0.3478Sep 28, 15 10.6648 0.3229 0.2992 10.7159 0.3613 0.3347Mar 28, 16 10.7078 0.1560 0.1445 10.7651 0.1560 0.1445

^ 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

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