Vol. No. 12 Issue No. 9 March 2015 - hdfcfund.com€¦ · 2 march 2015 intouchmutually page no. market review 3 editorial 4 features of our select schemes 5-116 hdfc growth fund 17

Vol. No. 12 Issue No. 9 March 2015

2 March 2015 Intouchmutually

PPAAGGEE NNOO..MARKET REVIEW 3EDITORIAL 4FFEEAATTUURREESS OOFF OOUURR SSEELLEECCTT SSCCHHEEMMEESS 55-1166HDFC GROWTH FUND 17HDFC EQUITY FUND 17HDFC TOP 200 FUND 18HDFC CAPITAL BUILDER FUND 18HDFC CORE & SATELLITE FUND 19HDFC PREMIER MULTI-CAP FUND 19HDFC LARGE-CAP FUND 20HDFC MID-CAP OPPORTUNITIES FUND 20HDFC SMALL AND MID-CAP FUND 21HDFC INFRASTRUCTURE FUND 21HDFC LONG TERM ADVANTAGE FUND 22HDFC TAXSAVER 22HDFC INDEX FUND - SENSEX PLAN & NIFTY PLAN 23HDFC INDEX FUND - SENSEX PLUS PLAN 24HDFC BALANCED FUND 24HDFC PRUDENCE FUND 25HDFC CHILDREN’S GIFT FUND - INVESTMENT PLAN 25HDFC CHILDREN’S GIFT FUND - SAVINGS PLAN 26HDFC MF MIP - SHORT TERM PLAN 26HDFC MF MIP - LONG TERM PLAN 27HDFC MULTIPLE YIELD FUND 27HDFC MULTIPLE YIELD FUND - PLAN 2005 28HDFC INCOME FUND 28HDFC HIGH INTEREST FUND - DYNAMIC PLAN 29HDFC HIGH INTEREST FUND - SHORT TERM PLAN 29HDFC SHORT TERM PLAN 30HDFC SHORT TERM OPPORTUNITIES FUND 30HDFC MEDIUM TERM OPPORTUNITIES FUND 31HDFC GILT FUND - LONG TERM PLAN 31HDFC FLOATING RATE INCOME FUND - SHORT TERM PLAN & LONG TERM PLAN 32HDFC LIQUID FUND 33HDFC CASH MANAGEMENT FUND - SAVINGS PLAN 33HDFC CASH MANAGEMENT FUND - TREASURY ADVANTAGE PLAN 34HDFC CORPORATE DEBT OPPORTUNITIES FUND 34SSIIPP PPEERRFFOORRMMAANNCCEE OOFF SSEELLEECCTT SSCCHHEEMMEESS 3355-3366SCHEME PERFORMANCE SUMMARY - REGULAR PLANS 37-67SCHEME PERFORMANCE SUMMARY - DIRECT PLANS 68-96DIVIDEND HISTORY 97-100DISCLAIMER 100

CONTENTS

After going up sharply in the previous twomonths (S&P BSE SENSEX up by 6.8%),the equity markets corrected during

March. The SENSEX and Nifty were down 4.8%and 4.6% respectively. The CNX Midcap Indexfell 0.9%. Barring Healthcare sector which per-formed well (up 9%), all other sectors correctedduring the month, with Metal sector being theworst performer (down 10.5%).

INR depreciated 1% in March. FII’s bought~US$ 1.9bn of Indian equities in March.Domestic Mutual funds continue to see healthyinflows, equity mutual funds net inflows betweenApril 2014 and February 2015 have been around ` 61,000 crs.

Performance of global equity markets wasmixed during the month. The Dow Jones and theNASDAQ were down 2% and 1.3% respectively.In Europe, while the FTSE was down 2.5%, CACand DAX were up 1.7% and 5% respectively. In

Asia, Nikkei, Kospi & Hang Seng were up 0.3-2.8%, and Taiex was down ~0.4%. The ShanghaiComposite was the best performer up ~13.2%.

Commodities continued to move lower duringthe month. Brent Crude was down sharply by~13% after gaining ~15% in February. Gold wasdown 2.4% during the month. Copper, Lead &Zinc were up 0.8-5.3% while Aluminum wasdown 1.7%.

Improving growth prospects of the economy,especially of the capex cycle, improving marginoutlook of corporates, likely lower interest ratesand reasonable valuations lead to a positive outlookfor equity markets over the medium to long term.

In our opinion therefore, there is merit inincreasing allocation to equities (for those with amedium to long term view) in a phased mannerand to stay invested. However, given the sharprally in markets in last year or so, it is not advis-able to invest in markets with a short term view.

Equity market update

During the month of March 2015, the yield on10-year benchmark Government bond (8.4%GoI 2024) ended at 7.74% as against 7.73%

in end February 2015, up marginally by 1 bps.The liquidity availed through various sources

(Liquidity Adjustment Facility, export refinance,marginal standing facility and term repos) from RBIduring the month was marginally lower at ~` 98,252crs as compared to ~` 97,838 crs in February 2015.The NSE overnight MIBOR ended at 8.35%, high-er than the rate seen in end February 2015 (7.79%).

The INR depreciated to 62.50 against the USdollar as compared to 61.84 at the end of previousmonth. The net FII investment in equities & debtwas an inflow of ~US$ 3.5 billion in March 2015 ascompared to an inflow of US$ 4 billion in February2015. The net FII investment in equities & debt hasbeen US$ 12.8 billion in calendar year 2015.

The annual rate of inflation, based on monthlyWPI, stood at -2.1% (provisional) for the month of

February, 2015 (over February, 2014) as comparedto -0.4% (provisional) for the previous month and5.0% during the corresponding month of the previ-ous year. Headline CPI came in at ~5.4% YoY inFebruary 2015 compared to ~5.1% in January 2015.Core CPI for February 2014 came in at ~4.9%.

Industrial production (IP) increased by 2.6%YoY in January 2015. Consumer durables outputcontinue to declined, 5% in January 2015, whilecapital goods reported a jump to 12.8%. Electricityoutput increased by 2.7% and mining declined by2.8% respectively

OutlookIn view of benign outlook on inflation, gradual fis-cal consolidation and a sharp improvement in cur-rent account deficit, there is reasonable room foryields to move lower in the medium term. We main-tain our view that interest rates should continue tomove lower in the medium term.

Debt market update

March 2015 3Intouchmutually

Market Review - March 2015

Source for various data points: Bloomberg, Reuters, www.sebi.gov.in, www.rbi.org.in and Central Statistics Office (CSO).

For AHH, Powai Lake in Mumbai islike a second home. An engineer byprofession and an angler by choice,

he can be seen setting up a rod and bait inthe lake’s pristine environs whenever hegets time. “I have been angling since child-hood. My father was an ace angler, so Ipicked up a lot of techniques from him,”says AHH, who is the president of a non-profit association whose sole intention isto promote sport fishing and protect thefast-depleting stock of sport fish and theenvirons that it inhabits.

Sport fishing, also called recreationalfishing, is fishing for pleasure or competi-tion — unlike commercial fishing, whichis fishing for profit, or subsistence fishing,which is fishing for survival. “We promotethe concept of ‘catch and release’. So werelease the fish after taking measure-ments,” he says.

Hollywood movies like A River RunsThrough It (starring Robert Redford) andGrumpier Old Men (starring Jack Lemon)made fly fishing and cat fishing out to beeasy. But, says AHH, “angling requirestraining, something that you can onlylearn after observing a fellow angler. Youneed to know how to use the equipment,which fish to target, which ones are in theendangered list, and what is a safe methodof releasing the fish. Angling is a sciencewithout a textbook.”

The kind of equipment that an angleruses depends on the kind of techniquebeing used. For instance, the equipmentfor carp (a freshwater species) fishing willbe different from that for saltwaterangling. The simplest kind of anglingrequires a rod, reel and bait. “There is noone-for-all-kind equipment,” says SK,

director, business develop-ment with a pharmaceuti-cals company and a mem-ber of the non-profit asso-ciation. "I mainly do salt-water angling, so I uselong 12-feet-plus rods and300 metres of 50-poundline. I usually travel intrawlers to locate fish likethe tuna. The kind offishing tackle depends on

the kind of fish — so I use anythingbetween a 30-pound and a 100-poundtackle.”

Anglers in India mostly prefer sportfishing and fly fishing, as part of which anartificial fly (or bait) is cast using a fly rod,reel and a special weight line. “One tech-nique which has become very popular inIndia is the popping and jigging technique.This challenging form has been taken toanother level by the Japanese. As part ofthis you dangle the bait on the surface ofwater. This gives you a visual of the strikeof the fish,” says AHH. While jigginginvolves moving the bait up and down ver-tically, popping is about luring the baitacross the surface in short bursts.

“This requires very high-end Japanesetackle,” says SK. The ideal jigging andpopping tackle needs to be light, so thatjigs and plugs can be recast several times.It also needs to be strong, to be able tocatch heavier fish like the barramundi.Japanese and Norwegian companies makegood angling equipment, says AHH.According to him, the cost of equipmentcan vary from `2,000 for the very basic to`200,000 for the high-end gear.

Angling is slowly and steadily becom-ing popular in India, with peopleapproaching the non-profit association fortraining. Only recently, the associationorganised a saltwater angling tournamentin the Andamans, which saw participationby 30 anglers from across India and 12locals. “Earlier, people thought thatAustralia was the only place for heavierfish like barramundi. It’s only now thatpeople are realising that you can find evenbigger specimens of barramundi all acrossIndia,” says AHH.

India’s long coastline makes it the idealangling destination. “Alibaug and Murud,which are very close to Mumbai, are greatfor saltwater fishing. Gujarat offers greatplaces for saltwater fishing as well. And ifit’s the Mahaseer you seek then go toPancheshwar in the north,” suggests SK.

B S REPORTER

This article is issued in general investor interest.

Please refer Page No. 100 for disclaimer.

Weekend anglers

Intouchmutually4 March 2015

Intouchmutually March 2015 5

NNaattuurree ooff SScchheemmee

TThhiiss pprroodduucctt iiss ssuuiittaabbllee ffoorr iinnvveessttoorrsswwhhoo aarree sseeeekkiinngg ~~

FFuunndd MMaannaaggeerr

IInncceeppttiioonn DDaattee((DDaattee ooff AAlllloottmmeenntt))

EEnnttrryy // SSaalleess LLooaadd

EExxiitt LLooaadd

IInnvveessttmmeenntt PPllaann

IInnvveessttmmeenntt OOppttiioonnss

MMiinniimmuumm AApppplliiccaattiioonn AAmmoouunntt((UUnnddeerr eeaacchh PPllaann //OOppttiioonn))

NNeett AAsssseett VVaalluuee((NNAAVV))

RReeddeemmppttiioonnPPrroocceeeeddss

HDFC Growth Fund

Open-ended Growth Scheme

● Capital appreciation over long term.● Investment predominantly in equity

and equity related instruments● High risk. ((BBrroowwnn))

Srinivas Rao Ravuri (since April 3, 06)#

September 11, 2000

● In respect of eeaacchh purchase / switch-inof Units, an Exit Load of 2.00% ispayable if Units are redeemed /switched-out within 12 months fromthe date of allotment.

● In respect of eeaacchh purchase / switch-inof Units, an Exit Load of 1.00% ispayable if Units are redeemed /switched-out after 12 months butwithin 24 months from the date ofallotment.


● No Exit Load is payable if Units areredeemed / switched-out after 36months from the date of allotment.

HDFC Growth Fund, HDFC Growth Fund - Direct Plan

HDFC Equity Fund


● Capital appreciation over long term.

● Investment predominantly in equity and equity related instruments of medium tolarge sized companies

● High risk. ((BBrroowwnn))

Prashant Jain (since June 19, 03)*#

January 1, 1995

● In respect of eeaacchh purchase /switch-in of Units, an ExitLoad of 1.00% is payable ifunits are redeemed /switched-out within 1 yearfrom the date of allotment.

● No Exit Load is payable ifUnits are redeemed /switched-out after 1 yearfrom the date of allotment.

HDFC Equity Fund, HDFC Equity Fund - Direct Plan

HDFC Top 200 Fund



● Investment in equity and equitylinked instruments including equity derivatives primarilydrawn from the companies inthe S&P BSE 200 Index.


Prashant Jain (since June19, 03)*#

October 11, 1996

● In respect of eeaacchh purchase /switch-in of Units, an Exit Loadof 1.00% is payable if Units areredeemed / switched-out within18 months from the date ofallotment.

● No Exit Load is payable if Unitsare redeemed / switched-outafter 18 months from the dateof allotment.

HDFC Top 200 Fund, HDFC Top 200 Fund - Direct Plan

HDFC Capital Builder Fund



● Investment predominantly in equityand equity related instruments ofstrong companies.


Chirag Setalvad (since April 2, 07) & Miten Lathia (since May 10, 12)#

February 1, 1994

● In respect of eeaacchh purchase / switch-inof Units, an Exit Load of 2.00% ispayable if Units are redeemed /switched-out within 12 months fromthe date of allotment.




HDFC Capital Builder Fund, HDFC CapitalBuilder Fund - Direct Plan

Investors are advised to consult their tax advisors with respect to the tax consequences of the purchase, ownership and disposal of mutual fund units. For Tax Benefits / Consequences, Please refer to page 16* Date of migration from Zurich India Mutual Fund (Close of business hours - June 19, 03)# Dedicated Fund Manager for Overseas Investments: Mr Rakesh Vyas.

Features of our select schemes

NNoott AApppplliiccaabbllee.. Upfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based on the investors’assessment of various factors including the service rendered by the ARN Holder.

Under Each Plan : Growth & Dividend. The Dividend Option offers Dividend Payout and Reinvestment facility.

(Brown) - Investors understand that their principal will be at high risk.

(Blue) - Investors understand that their principal will be at low risk.(Yellow) - Investors understand that their principal will be at medium risk.

~~ Investors should consult their financial advisers if in doubt about whether the product is suitable for them.NNoottee:: RRiisskk iiss rreepprreesseenntteedd aass::

FFoorr ffuurrtthheerr ddeettaaiillss,, pplleeaassee rreeffeerr ttoo ppaarraa ‘‘EExxiitt LLooaadd’’ oonn PPgg 1166..

Normally despatched within 3-4 Business Days.

Every Business Day

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








EExxiitt LLooaadd






HDFC Core & Satellite Fund



● Investment primarily in equity and equityrelated instruments of companies whoseshares are quoting at prices below theirtrue value.


Vinay Kulkarni(since November 21, 06)#

September 17, 2004

● In respect of eeaacchh purchase / switch-in ofUnits, an Exit Load of 3.00% is payable ifUnits are redeemed / switched-out within12 months from the date of allotment.

● In respect of eeaacchh purchase / switch-in ofUnits, an Exit Load of 2.00% is payable ifUnits are redeemed / switched-out after 12months but within 24 months from thedate of allotment.

● In respect of eeaacchh purchase / switch-in ofUnits, an Exit Load of 1.00% is payable ifUnits are redeemed / switched-out after 24months but within 36 months from thedate of allotment.

● No Exit Load is payable if Units areredeemed / switched-out after 36 monthsfrom the date of allotment.

HDFC Core & Satellite Fund, HDFC Core &Satellite Fund - Direct Plan

HDFC Premier Multi-Cap Fund



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


Vinay Kulkarni(since November 21, 06)#

April 6, 2005

HDFC Premier Multi-Cap Fund,HDFC Premier Multi-Cap Fund -Direct Plan

HDFC Mid-Cap Opportunities Fund

Open-ended Equity Scheme


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


Chirag Setalvad (since June 25, 07)#

June 25, 2007

HDFC Mid-Cap Opportunities Fund,HDFC Mid-Cap Opportunities Fund- Direct Plan

Investors are advised to consult their tax advisors with respect to the tax consequences of the purchase, ownership and disposal of mutual fund units. For Tax Benefits / Consequences, Please refer to page 16* Date of migration from Morgan Stanley Mutual Fund (Close of business hours - June 27, 14) # Dedicated Fund Manager for Overseas Investments: Mr Rakesh Vyas.

HDFC Large Cap Fund (Erstwhile Morgan Stanley Growth Fund)



● Investment in equity and equity related instruments ofLarge Cap companies.


Vinay Kulkarni (since June 28, 14)*#

February 18, 1994

HDFC Large Cap Fund - Regular PlanHDFC Large Cap Fund - Direct Plan




NNoott AApppplliiccaabbllee.. Upfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based on the investors’ assessment of various factors including the service rendered by the ARN Holder.

● In respect of eeaacchh purchase / switch-in of Units, an Exit Load of 1.00% is payable if units areredeemed / switched-out within 1 year from the date of allotment.

● No Exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment.


Under Each Plan : Growth & Dividend. The Dividend Option offers Dividend Payout and Reinvestment facility.


Every Business Day




Investors are advised to consult their tax advisors with respect to the tax consequences of the purchase, ownership and disposal of mutual fund units. For Tax Benefits / Consequences, Please refer to page 16 # Dedicated Fund Manager for Overseas Investments: Mr Rakesh Vyas.






EExxiitt LLooaadd




LLoocckk-iinn PPeerriioodd



HDFC Infrastructure Fund



● Investment predominantly inequity and equity related securities of companiesengaged in or expected tobenefit from the growth anddevelopment of infrastructure.


Prashant Jain and Srinivas RaoRavuri (since March 10, 08) #

March 10, 2008

● In respect of eeaacchh purchase /switch-in of Units, an ExitLoad of 1.00% is payable ifUnits are redeemed /switched-out within 18months from the date ofallotment.

● No Exit Load is payable ifUnits are redeemed /switched-out after 18 monthsfrom the date of allotment.

HDFC Infrastructure Fund, HDFC Infrastructure Fund - Direct Plan

N.A.

HDFC TaxSaver

Open-ended Equity LinkedSavings Scheme with a lock-inperiod of 3 years

● Growth of capital over long term.

● Investment predominantly inequity and equity related instruments.


Vinay Kulkarni (since November 21, 06)#

March 31, 1996

Nil

HDFC TaxSaver, HDFC TaxSaver - Direct Plan

HDFC Long TermAdvantage Fund

Open-ended Equity LinkedSavings Scheme with a lock-inperiod of 3 years


● Investment predominantly inequity and equity related instruments.


Chirag Setalvad (since April 2, 07)#

January 2, 2001

Nil

HDFC Long Term Advantage Fund, HDFC Long Term Advantage Fund -Direct Plan

Purchase & Additional Purchase : ` 500 and in multiples of ` 500 thereafter.

3 years from the date of allotment of the respective Units(including Units allotted under dividend reinvestment).

Normally despatched within 3-4 Business Days (Redemption issubject to completion of Lock-in Period, if applicable).




HDFC Small and Mid Cap Fund (Erstwhile Morgan Stanley A.C.E. Fund)


● Capital appreciation over long term.● Investment predominantly in equity and

equity related instruments of Small-Cap and Mid-Cap companies.


Chirag Setalvad (since June 27, 14)*#

April 3, 2008

● In respect of eeaacchh purchase / switch-in ofUnits, an Exit Load of 2.00% is payable ifUnits are redeemed / switched-out within 12months from the date of allotment.

● In respect of eeaacchh purchase / switch-in ofUnits, an Exit Load of 1.00% is payable ifUnits are redeemed / switched-out after 12months but within 24 months from the dateof allotment.

● In respect of eeaacchh purchase / switch-in ofUnits, an Exit Load of 0.50% is payable ifUnits are redeemed / switched-out after 24months but within 36 months from the dateof allotment.

● No Exit Load is payable if Units are redeemed/ switched-out after 36 months from the dateof allotment.

HDFC Small and MidCap Fund - Regular PlanHDFC Small and MidCap Fund - Direct Plan

N.A.


Under Each Plan: Growth & Dividend. The Dividend Option offers Dividend Payoutand Reinvestment facility


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

Every Business Day


Under Each Plan: Growth & Dividend. The Dividend Option offersDividend Payout facility






EExxiitt LLooaadd






HDFC Index Fund

Open-ended Index Linked Scheme

SSEENNSSEEXX PPllaann● Returns that are commensurate with the performance of the SENSEX, subject to tracking

errors over long term● Investment in equity securities covered by the SENSEX● High risk. ((BBrroowwnn))NNiiffttyy PPllaann● Returns that are commensurate with the performance of the Nifty, subject to tracking errors

over long term● Investment in equity securities covered by the Nifty ● High risk. ((BBrroowwnn))SSEENNSSEEXX PPlluuss PPllaann● Capital appreciation over long term. ● 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.


Vinay Kulkarni (since December 29, 06)

July 17, 2002

FFoorr SSEENNSSEEXX && SSEENNSSEEXX PPlluuss PPllaann● In respect of eeaacchh purchase / switch-in of Units, an Exit Load of 1.00% is payable if Units

are redeemed / switched-out within 30 days from the date of allotment.● No Exit Load is payable if Units are redeemed / switched-out after 30 days from the date

of allotment.● No Load shall be levied on bonus units.NNiiffttyy PPllaann● In respect of eeaacchh purchase / switch-in of Units, an Exit Load of 1.00% is payable if Units

are redeemed / switched-out within 3 months from the date of allotment.● No Exit Load is payable if Units are redeemed / switched-out after 3 months from the date

of allotment.● No Load shall be levied on bonus units.

HDFC Index Fund - Nifty Plan, HDFC Index Fund - Nifty Plan - Direct Plan, HDFC Index Fund -SENSEX Plan, HDFC Index Fund - SENSEX Plan - Direct Plan, HDFC Index Fund - SENSEX PlusPlan, HDFC Index Fund - SENSEX Plus Plan - Direct Plan

At present, each Plan offers Growth Option only.


HDFC Arbitrage Fund

Open ended Equity Fund

● Income over short term. ● Income through arbitrage opportunities between

cash and derivative market and arbitrage opportunities within the derivative segment

● Low risk. ((BBlluuee))

Anil Bamboli (since October 23, 07)#

October 23, 2007

● In respect of eeaacchh purchase / switch-in of units, an Exit Load of 0.50% is payable if Units areredeemed / switched-out within 3 months fromthe date of allotment.

● No Exit Load is payable if Units are redeemed /switched-out after 3 months from the date of allotment.

HDFC Arbitrage Fund (Wholesale Plan), HDFC Arbitrage Fund (Wholesale Plan) - Direct Plan

Under Each Plan: Growth and Dividend Option. DividendOption offers Monthly Dividend Option and NormalDividend Option with Payout and Reinvestment facility.

Purchase / Additional Purchase: `1 lakh and anyamount thereafter.


Every Business Day











Investors are advised to consult their tax advisors with respect to the tax consequences of the purchase, ownership and disposal of mutual fund units. For Tax Benefits / Consequences, Please refer to page 16* Date of migration from Zurich India Mutual Fund (Close of business hours - June 19, 03) # Dedicated Fund Manager for Overseas Investments: Mr Rakesh Vyas. $ For Large Investors, subscriptions shall only be allowed by payment of requisite Cash through RTGS/NEFT or Funds Transfer Letter/ Transfer Cheque of a bank where the Scheme has a collection account.






EExxiitt LLooaadd






HDFC Gold Exchange Traded Fund

An Open-ended Exchange Traded Fund

● Returns that are commensurate withthe performance of gold, subject totracking errors over long term.

● Investment predominantly in Goldbullion of 0.995 fineness


Anil Bamboli (since August 13, 10)

August 13, 2010

● FFoorr CCrreeaattiioonn UUnniitt SSiizzee::No Exit load will be levied on redemptions made by AuthorisedParticipants / Large Investors directlywith the Fund in Creation Unit Size.

● FFoorr ootthheerr tthhaann CCrreeaattiioonn UUnniitt SSiizzee::Not Applicable. The Units in other than Creation Unit Size cannot be directly redeemed with theFund. These Units can be redeemed(sold) on a continuous basis on thestock exchange(s) during the tradinghours on all trading days.

HDFC Gold Exchange Traded Fund

Currently, there are no Options beingoffered under the Scheme.

Directly with the Fund – Subscription /Redemption in exchange of PortfolioDeposit and Cash Component in creation unit size of 1,000 units and inmultiples thereafter. $ On the Exchange(s) – 1 unit and in multiples of 1 unit thereafter.

HDFC Gold Fund

An Open-ended Fund of Fund Schemeinvesting in HDFC Gold Exchange TradedFund

● Capital appreciation over long term.● Investment in Units of HDFC Gold

Exchange Traded Fund (HGETF). HGETF invests in gold bullion of 0.995 fineness.


Anil Bamboli (since November 1, 11)

November 1, 2011

In respect of eeaacchh purchase / switch-in of units ● An Exit Load of 2.00% is payable if

Units are redeemed / switched-outwithin 6 months from the date of allotment.

● An Exit Load of 1.00% is payable ifUnits are redeemed / switched-outafter 6 months but within 1 year fromthe date of allotment.

● No Exit Load is payable if Units areredeemed / switched-out after 1 yearfrom the date of allotment.

HDFC Gold Fund, HDFC Gold Fund - Direct Plan

Currently each Plan offers only Growth Option.

HDFC Balanced Fund

Open-ended Balanced Scheme

● Capital appreciation alongwith current income overlong term.

● Investment predominantlyin equity and equity related instruments with balance exposure to debt andmoney market instruments.



September 11, 2000

HDFC Balanced Fund, HDFCBalanced Fund - Direct Plan

HDFC Prudence Fund


● Periodic income with capitalappreciation and prevention ofcapital erosion over long term.

● Investment predominantly inequity and equity related instruments with balance exposure to debt and moneymarket instruments


Prashant Jain (since June 19, 03)*#

February 1, 1994

HDFC Prudence Fund, HDFCPrudence Fund - Direct Plan



Under Each Plan: Growth & Dividend. The Dividend Option offersDividend Payout and Reinvestment facility.

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

Every Business Day





● In respect of eeaacchh purchase / switch-in of Units, an Exit Loadof 1.00% is payable if Units are redeemed / switched-outwithin 18 months from the date of allotment.

● No Exit Load is payable if Units are redeemed / switched-outafter 18 months from the date of allotment.



^̂ EElliiggiibbiilliittyy ((ooff UUnniitt hhoollddeerr)) :: 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. @@ Personal Accident InsuranceCover 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. Thisaccident insurance cover is subject to conditions of the group personal accident insurance policy. Investors are advised to consult their tax advisors with respect to the tax consequences of the purchase, ownership and disposal of mutual fund units. For Tax Benefits / Consequences, Please refer to page 16 # Dedicated Fund Manager for Overseas Investments: Mr Rakesh Vyas.






EExxiitt LLooaadd




LLoocckk-iinn PPeerriioodd



HDFC Children’s Gift Fund (CGF)^@


CCGGFF - IInnvveessttmmeenntt PPllaann ● Capital appreciation over long term ● Investment in equity and equity related instruments as

well as debt and money market instruments.● High risk. ((BBrroowwnn))CCGGFF - SSaavviinnggss PPllaann● Capital appreciation over medium to long term.● Investment in debt and money market instruments as

well as equity and equity related instruments.● Medium risk. ((YYeellllooww))


March 2, 2001

● For Units subject to Lock-in Period: NIL● For Units not subject to Lock-in Period:

■ 3.00% if the Units are redeemed / switched-out within one year from the date of allotment;

■ 2.00% if the Units are redeemed / switched-out between the first and second year of the date of allotment;

■ 1.00% if Units are redeemed / switched-out between the second and third year of the date of allotment;

■ Nil if the Units are redeemed / switched-out after third year from the date of allotment.

EEqquuiittyy OOrriieenntteedd - Investment Plan, Investment Plan - Direct Plan DDeebbtt OOrriieenntteedd - Savings Plan, Savings Plan - Direct Plan

Nil


IIff oopptteedd :: Until the Unit holder (being the beneficiary child)attains the age of 18 years or until completion of 3 yearsfrom date of allotment, whichever is later.

Normally despatched within 3-4 Business Days (Redemption issubject to completion of Lock-in Period, if opted).




HDFC MF Monthly Income Plan (HDFC MF MIP)

An open-ended income scheme. Monthly income is not assured and is subject to availability of dis-tributable surplus

HHDDFFCC MMFF MMIIPP - SShhoorrtt TTeerrmm PPllaann ((SSTTPP)) && LLoonngg TTeerrmm PPllaann ((LLTTPP))● Regular income over medium to long term.● Investment in debt and money market instruments as well as equity and equity

related instruments.● Medium risk. ((YYeellllooww))

LTP – Prashant Jain (Equities) (since December 26, 03),Shobhit Mehrotra (Debt) (since September 1, 07)#,STP – Vinay Kulkarni (Equities) (since November 21, 06),Shobhit Mehrotra (Debt) (since February 16, 04)#

December 26, 2003

MMIIPP - SShhoorrtt TTeerrmm PPllaann && MMIIPP - LLoonngg TTeerrmm PPllaann ● In respect of eeaacchh purchase / switch-in of Units, 30% of the units (“the limit”) may be

redeemed without any exit load from the date of allotment. ● Any redemption in excess of the limit shall be subject to the following exit load:

❍ Exit load of 1.50% is payable if Units are redeemed / switched-out within 12 months fromthe date of allotment of units.❍ Exit load of 1.00% is payable if Units are redeemed / switched-out after 12 months butwithin 24 months from the date of allotment of units.❍ Exit load of 0.50% is payable if Units are redeemed / switched-out after 24 months butwithin 36 months from the date of allotment of units.

● No Exit Load is payable if Units are redeemed / switched-out after 36 months from the date of allotment.

HDFC MF MIP - Short Term Plan (STP), HDFC MF MIP - STP - Direct Plan, HDFC MF MIP - Long Term Plan (LTP), HDFC MF MIP - LTP - Direct Plan

Each Plan offers Growth, Monthly Dividend & Quarterly Dividend Option. The Dividend Optionoffers Dividend Payout and Reinvestment facility.

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.

N.A.




Every Business Day








EExxiitt LLooaadd






HDFC Multiple Yield Fund

Open-ended Income Scheme

● Positive returns over medium term with lowrisk of capital loss over medium term.

● Investment in debt and money market instruments with maturity of 1 year (85%) as well as equity and equity related instruments (15%).

● Medium risk. ((YYeellllooww))

Vinay Kulkarni (Equities), (since Nov 21, 06)Anil Bamboli (Debt) (since September 17, 04)#

September 17, 2004

● In respect of eeaacchh purchase / switch-in ofUnits, an Exit Load of 1.00% is payable ifunits are redeemed / switched-out within 1year from the date of allotment.

● No Exit Load is payable if Units are redeemed/ switched-out after 1 year from the date ofallotment.

HDFC Multiple Yield Fund, HDFC Multiple Yield Fund - Direct Plan

HDFC Multiple Yield Fund (MYF) – Plan 2005


● Positive returns over medium term with lowrisk of capital loss over medium term.

● Investment in debt and money market instruments with maturity of 15 months (85%) as well as equity and equity relatedinstruments (15%).

● Medium risk. ((YYeellllooww))

Chirag Setalvad (Equities), (since April 2, 07)Anil Bamboli (Debt) (since Aug 17, 05)#

August 17, 2005

● In respect of eeaacchh purchase / switch-in ofUnits, an Exit Load of 1.00% is payable ifunits are redeemed / switched-out within 15months from the date of allotment.

● No Exit Load is payable if Units are redeemed/ switched-out after 15 months from the dateof allotment.

HDFC MYF - Plan 2005, HDFC MYF - Plan 2005 - Direct Plan


Investors are advised to consult their tax advisors with respect to the tax consequences of the purchase, ownership and disposal of mutual fund units. For Tax Benefits / Consequences, Please refer to page 16* Date of migration from Morgan Stanley Mutual Fund (Close of business hours - June 27, 14)# Dedicated Fund Manager for Overseas Investments: Mr Rakesh Vyas.




HDFC Dynamic PE Ratio Fund of Funds(Erstwhile Morgan Stanley Multi Asset Fund)

Open-ended Fund of Funds Scheme

● Capital appreciation over long term.● Investment in specified equity and debt

schemes of HDFC Mutual Fund based on PE Ratios.


Miten Lathia (Equities), (since June 27, 14)*Anil Bamboli (Debt) (since June 27, 14)*

February 6, 2012

● In respect of eeaacchh purchase / switch-in of Units,an Exit Load of 1.00% is payable if units areredeemed / switched-out within 1 year from thedate of allotment.

● No Exit Load is payable if Units are redeemed /switched-out after 1 year from the date of allotment.

HDFC Dynamic PE Ratio Fund of Funds - Regular PlanHDFC Dynamic PE Ratio Fund of Funds - Direct Plan


Under Each Plan: Growth & Dividend. The Dividend Option offers Dividend Payout and Reinvestment facility.


Every Business Day




HDFC Income Fund


● Regular income over medium to long term.

● To optimise returns while maintaining a balance of safety, yield and liquidity by investment in debt and money market instruments.


Shobhit Mehrotra (since September 1, 07)#

September 11, 2000

● In respect of eeaacchh purchase / switch-inof Units, an Exit Load of 0.5% ispayable if units are redeemed /switched-out within 6 months from the date of allotment.

● No Exit Load is payable if Units areredeemed / switched-out after 6 months from the date of allotment.

HDFC Income Fund, HDFC Income Fund - Direct Plan

Under each Plan: Growth, QuarterlyDividend & Normal Dividend. Both Dividend Options offer Payout andReinvestment facility.






EExxiitt LLooaadd


IInnvveessttmmeenntt OOppttiioonn




HDFC Short Term Plan


● Regular income over short to medium term.

● Investment in debt and money marketinstruments with a short to medium termmaturity (average maturity profile of 1-3 years).


Anil Bamboli (since January 13, 04)#

February 28, 2002

● In respect of eeaacchh purchase / switch-in of Units, an Exit Load of0.75% is payable if units are redeemed/ switched-out within 12 months fromthe date of allotment.


HDFC Short Term Plan, HDFC Short Term Plan - Direct Plan

Under both the Plans: Growth, MonthlyDividend option and Normal Dividend. BothDividend options offer Payout andReinvestment facilities.

HDFC High Interest Fund (HHIF)


HHDDFFCC HHiigghh IInntteerreesstt FFuunndd - DDyynnaammiicc PPllaann ● Stable returns over medium to long term.● To maximize income while maintaining the optimum balance of

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

● Low risk. ((BBlluuee))HHDDFFCC HHiigghh IInntteerreesstt FFuunndd - SShhoorrtt TTeerrmm PPllaann ((HHHHIIFF - SSTTPP))● Stable returns over short to medium term.● To maximize income while maintaining the optimum balance of

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


Anil Bamboli (HHIF - Dynamic Plan) (since February 16, 04)#, Shobhit Mehrotra (HHIF - STP) (since September 1, 07)#

HHHHIIFF - DDyynnaammiicc PPllaann :: April 28, 1997HHHHIIFF - SSTTPP :: February 6, 2002

HHHHIIFF - DDyynnaammiicc PPllaann::● In respect of eeaacchh purchase / switch-in of Units, an Exit Load

of 0.50% is payable if units are redeemed / switched-outwithin 3 months from the date of allotment.

● No Exit Load is payable if Units are redeemed / switched-outafter 3 months from the date of allotment.

HHHHIIFF - SSTTPP● In respect of eeaacchh purchase / switch-in of units, an Exit Load of

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

● No Exit Load is payable if Units are redeemed / switched-out after1 month from the date of allotment.

HHIF - Dynamic Plan, HHIF - Dynamic Plan - Direct Plan, HHIF - STP, HHIF - STP - Direct Plan

HHHHIIFF - DDyynnaammiicc PPllaann :: Under Each Plan: Growth, Normal Dividend,Quarterly Dividend, Half Yearly Dividend, Yearly Dividend . AllDividend options offer Payout and Reinvestment facilities.HHHHIIFF - SSTTPP :: Under both the Plans: Growth, Normal Dividend andFortnightly Dividend. Both Dividend options offer Payout andReinvestment facilities.


Every Business Day















EExxiitt LLooaadd



MMiinniimmuumm AApppplliiccaattiioonn AAmmoouunntt ((UUnnddeerr eeaacchh PPllaann)) //OOppttiioonn



Investors are advised to consult their tax advisors with respect to the tax consequences of the purchase, ownership and disposal of mutual fund units. For Tax Benefits / Consequences, Please refer to page 16 # Dedicated Fund Manager for Overseas Investments: Mr Rakesh Vyas. * Date of migration from Morgan Stanley Mutual Fund (Close of business hours - June 27, 14)

HDFC Gilt Fund


SShhoorrtt TTeerrmm PPllaann● Credit risk free returns over short to

medium term. ● Investment in sovereign securities

issued by Central/ State Governmentwith short to medium term maturities.

● Low risk. ((BBlluuee))LLoonngg TTeerrmm PPllaann● Credit risk free returns over medium

to long term.● Investment in sovereign securities

issued by Central / State Governmentwith medium to long term maturities.


Anil Bamboli (since September 1, 07)

July 25, 2001

SShhoorrtt TTeerrmm PPllaann :: NilLLoonngg TTeerrmm PPllaann :: Nil

Short Term Plan, Short Term Plan - Direct Plan,Long Term Plan, Long Term Plan - Direct Plan

Under both the Plans: Growth & DividendOption (Dividend Option offers DividendPayout and Reinvestment facility).

HDFC Medium Term Opportunities Fund


● Regular income over medium tolong term.

● Investment in debt, money marketinstruments and government securities with maturities notexceeding 60 months.


Shobhit Mehrotra (since June 29, 10) #

June 29, 2010

● In respect of each purchase/switch-in of units, an exit load of 1.00% is payable if units areredeemed/switched out within 12 months from the date of allotment.

● No exit load is payable if units are redeemed/ switched-out after 12 months from the date ofallotment.

HDFC Medium Term OpportunitiesFund, HDFC Medium TermOpportunities Fund - Direct Plan

Under both the Plans: Growth,Quarterly Dividend and NormalDividend. Both Dividend options offerPayout and Reinvestment facilities.

HDFC Short Term Opportunities Fund


● Regular income over short to medium term.

● Investment in debt and money market instruments and government securities with maturities not exceeding 36months.


Anil Bamboli (since June 25, 10) #

June 25, 2010

● In respect of each purchase /switch-in of Units, an Exit Load of0.25% is payable if Units areredeemed / switched-out within 1month from the date of allotment.

● No Exit Load is payable if Unitsare redeemed / switched-out after 1 month from the date ofallotment.

HDFC Short Term Opportunities Fund, HDFC Short Term Opportunities Fund -Direct Plan

Under Each Plan: Growth, FortnightlyDividend and Normal Dividend. BothDividend options offer Payout andReinvestment facilities.

HDFC Inflation Indexed BondFund (Erstwhile Morgan Stanley Gilt Fund)


● Generate income and capitalappreciation indexed to inflation.

● Investment in inflation indexedsecurities issued by governmentand corporate issuers


Anil Bamboli (since June 27, 14)*

Mar 4, 2013

● In respect of each purchase /switch-in of units, an exit load of1.50% is payable if units areredeemed/switched out within 12months from the date of allotment.

● No exit load is payable if units areredeemed/switched-out after 12months from the date of allotment.

HDFC Inflation Indexed Bond Fund -Regular Plan, HDFC Inflation Indexed Bond Fund -Direct Plan

Under both the Plans: Growth, RegularDividend and Quarterly Dividend. BothDividend Options offer Payout andReinvestment facilities.



Every Business Day






HDFC Floating Rate Income Fund


SShhoorrtt TTeerrmm PPllaann● Regular income over short term.● 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.

● Low risk. ((BBlluuee))LLoonngg TTeerrmm PPllaann● Regular income over short to medium term.● 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.


Shobhit Mehrotra (since February 16, 04)#

LLoonngg TTeerrmm PPllaann ((LLTTPP)) :: January 16, 2003 SShhoorrtt TTeerrmm PPllaann ((SSTTPP)) - WWhhoolleessaallee OOppttiioonn:: October 23, 2007

SSTTPP :: NilLLTTPP :: ● In respect of eeaacchh 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.● No Exit Load is payable if Units are redeemed / switched-out after 3 months from the

date of allotment.

STP - Wholesale Option, STP - Wholesale Option - Direct Plan,LTP, LTP - Direct Plan

SSTTPP –– WWhhoolleessaallee OOppttiioonn :: Under both the Plans: Growth and Dividend Option. The DividendOption offers Daily Dividend Option (with Reinvestment facility only) and Weekly and MonthlyDividend Option (with Payout and Reinvestment facility).LLTTPP :: Under both the plans: Growth, Weekly Dividend Reinvestment Option and NormalDividend Option (with payout facility).

SSTTPP –– WWhhoolleessaallee OOppttiioonn :: Purchase : ` 10 lakh and any amount thereafter. Additional Purchase : ` 1 and and any amount thereafter.LLTTPP :: For Purchase : ` 5,000 and any amount thereafter.Additional Purchase : ` 1,000 and any amount thereafter.

Every Business Day







EExxiitt LLooaadd






Investors are advised to consult their tax advisors with respect to the tax consequences of the purchase, ownership and disposal of mutual fund units. For Tax Benefits / Consequences, Please refer to page 16^ Calculated on all calendar days# Dedicated Fund Manager for Overseas Investments: Mr Rakesh Vyas.

HDFC Liquid Fund

Open-ended Liquid Income Scheme

● Income over short term.● Investment in debt and money market instruments.● Low risk. ((BBlluuee))

Shobhit Mehrotra (since February 16, 04)#

October 17, 2000

Nil

HDFC Liquid Fund, HDFC Liquid Fund - Direct Plan

Under both the Plans: Growth & Dividend Option. TheDividend Option offers Daily Dividend Option(Reinvestment facility only) and Weekly and MonthlyDividend Option (with Payout and Reinvestment facility).

Purchase: Under Growth Option, Weekly DividendOption 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, WeeklyDividend Option and Monthly Dividend Option: ` 1,000 and any amount thereafter. Under DailyDividend Option: ` 5,000 and any amount thereafter.

Every Business Day^

Normally despatched within 1 Business Day.










Investors are advised to consult their tax advisors with respect to the tax consequences of the purchase, ownership and disposal of mutual fund units.For Tax Benefits / Consequences, Please refer to page 16^ Calculated on all calendar days# Dedicated Fund Manager for Overseas Investments: Mr Rakesh Vyas.




Nature of Scheme


Fund Manager

Inception Date(Date of Allotment)

Entry / Sales Load

Exit Load

Investment Plan

Investment Option

Minimum Application Amount((UUnnddeerr eeaacchh PPllaann //OOppttiioonn))

Net Asset Value (NAV)

RedemptionProceeds

HDFC Cash Management Fund

SSaavviinnggss && CCaallll PPllaann:: Open-ended High Liquidity Income SchemeTTrreeaassuurryy AAddvvaannttaaggee PPllaann:: Open-ended Income Scheme

Anil Bamboli SSaavviinnggss && CCaallll PPllaann (since July 25, 12)# TTrreeaassuurryy AAddvvaannttaaggee PPllaann (since September 1, 07)#

SSaavviinnggss && TTrreeaassuurryy AAddvvaannttaaggee PPllaann ((RReettaaiill OOppttiioonn)):: November 18, 1999 CCaallll PPllaann :: February 6, 2002

NNoott AApppplliiccaabbllee.. Upfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based on the investors’assessment of various factors including the service rendered by the ARN Holder.

SSaavviinnggss,, CCaallll && TTrreeaassuurryy AAddvvaannttaaggee PPllaann :: Nil

Savings Plan, Savings Plan - Direct Plan, Call Plan, Call Plan - Direct Plan, Treasury Advantage Plan, Treasury Advantage Plan - Direct Plan

SSaavviinnggss && CCaallll PPllaann :: Each Plan offers Growth Option & Daily Dividend Option (with Reinvestment facility only). Savings Plan also offers Weekly DividendOption (with Payout and Reinvestment facility). TTrreeaassuurryy AAddvvaannttaaggee PPllaann ((RReettaaiill OOppttiioonn)):: 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.

SSaavviinnggss PPllaann :: 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.TTrreeaassuurryy AAddvvaannttaaggee PPllaann –– RReettaaiill OOppttiioonn:: 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.CCaallll PPllaann :: Purchase: Under Growth Option: ` 5,000 and any amount thereafter. Under Daily Dividend Option: ` 10,000 and any amount thereafter.Additional Purchase: Under Growth Option: ` 1,000 and any amount thereafter. Under Daily Dividend Option: ` 5,000 and any amount thereafter.

SSaavviinnggss && CCaallll PPllaann:: Every Business Day^ TTrreeaassuurryy AAddvvaannttaaggee PPllaann:: Every Business Day

SSaavviinnggss && CCaallll PPllaann :: Normally despatched within 1 Business Day.TTrreeaassuurryy AAddvvaannttaaggee PPllaann:: Normally despatched within 3-4 Business Days.

SSaavviinnggss PPllaann● Optimal returns over short term. ● Investment in debt and money

market instruments with maturityof upto 91 days only.


TTrreeaassuurryy AAddvvaannttaaggee PPllaann● Regular income over short term.● Investment in debt and money

market instruments.● Low risk. ((BBlluuee))

CCaallll PPllaann● Optimal returns over short term that may be in line with the

overnight call rates. ● Investment typically in Collateralised Borrowing & Lending

Obligations (CBLO), overnight reverse repos in Government securitiesand fixed income instruments with overnight maturity/ liquidity.





Nature of Scheme


Fund Manager

Inception Date(Date of Allotment)

Entry / Sales Load

Exit Load

Investment Plan

Investment Option

Minimum Application Amount((UUnnddeerr eeaacchh PPllaann //OOppttiioonn))

Net Asset Value (NAV)

RedemptionProceeds

HDFC Banking and PSU Debt Fund


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

consisting predominantly of securities issued by ScheduledCommercial Banks and Public Sector undertakings.


Anil Bamboli (since March 26, 14) #

March 26, 2014

Nil

HDFC Banking and PSU Debt Fund - Regular PlanHDFC Banking and PSU Debt Fund - Direct Plan

Under Each Plan: Growth & Dividend. The Dividend Optionoffers Dividend Payout and Dividend Reinvestment facility.

HDFC Corporate Debt Opportunities Fund


● Regular income over medium to long term.● To generate regular income and capital appreciation by investing predominantly in

corporate debt.● Medium risk. ((YYeellllooww))

Shobhit Mehrotra (since March 25, 14) #

March 25, 2014

● In respect of eeaacchh purchase / switch-in of Units, an Exit Load of 2.00% is payable ifUnits are redeemed / switched-out within 12 months from the date of allotment.

● In respect of eeaacchh purchase / switch-in of Units, an Exit Load of 1.00% is payable ifUnits are redeemed / switched-out after 12 months but within 24 months from thedate of allotment.

● In respect of eeaacchh purchase / switch-in of Units, an Exit Load of 0.50% is payable ifUnits are redeemed / switched-out after 24 months but within 36 months from thedate of allotment.

● No Exit Load is payable if Units are redeemed / switched-out after 36 months from thedate of allotment.

HDFC Corporate Debt Opportunities Fund - Regular Plan, HDFC Corporate DebtOpportunities Fund - Direct Plan

Under Each Plan: Growth, Half Yearly Dividend and Normal Dividend. Both Dividendoptions offer Payout and Reinvestment facilities.


Investors are advised to consult their tax advisors with respect to the tax consequences of the purchase, ownership and disposal of mutual fund units.# Dedicated Fund Manager for Overseas Investments: Mr Rakesh Vyas since May 10, 2012. EExxiitt LLooaadd:: (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 subjectto 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 besubject 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.

TTaaxx BBeenneeffiittss // CCoonnsseeqquueenncceess :: 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 28.325%* and at the rate of 33.99%* on distribution of income to any other investor. Units of theScheme(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 cessIInnvveessttoorrss sshhoouulldd bbee aawwaarree tthhaatt tthhee ffiissccaall rruulleess // ttaaxx llaawwss mmaayy cchhaannggee aanndd tthheerree ccaann bbee nnoo gguuaarraanntteeee tthhaatt tthhee ccuurrrreenntt ttaaxx ppoossiittiioonn mmaayy ccoonnttiinnuuee iinnddeeffiinniitteellyy.. IInn vviieeww ooff iinnddiivviidduuaall nnaattuurree ooff ttaaxxccoonnsseeqquueenncceess,, eeaacchh iinnvveessttoorr iiss aaddvviisseedd ttoo ccoonnssuulltt hhiiss // hheerr oowwnn pprrooffeessssiioonnaall ttaaxx aaddvviissoorr..

Prashant Jain Over 23 yearsVinay Kulkarni Over 24 yearsSrinivas Rao Ravuri Over 19 yearsChirag Setalvad Over 17 years

Shobhit Mehrotra Over 21 yearsAnil Bamboli Over 20 yearsMiten Lathia Over 14 yearsRakesh Vyas Over 10 years

FFuunndd MMaannaaggeerr TToottaall EExxppeerriieennccee FFuunndd MMaannaaggeerr TToottaall EExxppeerriieennccee




Every Business Day


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

Portfolio – Top 10 Holdings

HDFC Growth FundAn open-ended growth scheme

HDFC Equity FundAn open-ended growth scheme

Banks 27.11Software 11.94Petroleum Products 9.83Pharmaceuticals 7.09Auto 7.04Construction Project 4.65Industrial Capital Goods 3.89Telecom - Services 3.44Chemicals 3.37Finance 3.29

Minerals / Mining 3.07Consumer Non Durables 2.45Oil 2.15Power 2.06Gas 1.91Construction 1.66Cement 1.28Ferrous Metals 0.93Industrial Products 0.88

Industry Allocation of Equity Holding (% of Net Assets)

PPoorrttffoolliioo TTuurrnnoovveerr RRaattiioo ((LLaasstt 11 YYeeaarr)) 3377..9922%%

NAV NAV per Unit (`)

Growth Option 131.977Dividend Option 29.940Direct Plan - Growth Option 133.340Direct Plan - Dividend Option 30.305

Std Deviation Beta Sharpe Ratio*

Risk Ratio 4.69% 1.0679 0.141(for the 3-yr period ended Mar 31, 15)Based on month-end NAV







Banks 24.35Software 13.68Auto 8.65Construction Project 7.69Petroleum Products 7.32Pharmaceuticals 5.97Industrial Capital Goods 4.79Finance 4.74Telecom - Services 4.59Power 4.18

Consumer Non Durables 3.92Cement 2.86Auto Ancillaries 1.48Oil 1.25Media And Entertainment 1.02Industrial Products 0.95Ferrous Metals 0.76Pesticides 0.47Construction 0.39Consumer Durables 0.12


CCoommppaannyy IInndduussttrryy++ %% ttoo NNAAVV

EEQQUUIITTYY && EEQQUUIITTYY RREELLAATTEEDD

ICICI Bank Ltd. Banks 7.77

Infosys Ltd. Software 7.35

State Bank of India Banks 6.07

Reliance Industries Ltd. Petroleum Products 5.45

HDFC Bank Ltd. Banks 5.30

Larsen & Toubro Ltd. Construction Project 4.65

Bharat Petroleum Corporation Ltd. Petroleum Products 4.38

Tata Motors Ltd. DVR Auto 3.95

Axis Bank Ltd. Banks 3.48

Solar Industries India Ltd. Chemicals 3.37

TToottaall ooff TToopp TTeenn HHoollddiinnggss 5511..7777

TToottaall EEqquuiittyy && EEqquuiittyy RReellaatteedd HHoollddiinnggss 9988..0044

Cash, Cash Equivalents and Net Current Assets 1.96

GGrraanndd TToottaall 110000..0000

AAvveerraaggee AAUUMM ffoorr tthhee qquuaarrtteerr eennddeedd MMaarrcchh 3311,, 22001155 ((`̀ IInn LLaakkhhss)) 112222,,664411..8877







Maruti Suzuki India Ltd. Auto 5.00


Aurobindo Pharma Ltd. Pharmaceuticals 4.32


Bharti Airtel Ltd. Telecom - Services 3.54

Bank of Baroda Banks 3.02 TToottaall ooff TToopp TTeenn HHoollddiinnggss 5533..8855


Cash margin 0.07

Other Cash, Cash Equivalents and Net Current Assets 0.75 GGrraanndd TToottaall 110000..0000

AAvveerraaggee AAUUMM ffoorr tthhee qquuaarrtteerr eennddeedd MMaarrcchh 3311,, 22001155 ((`̀ IInn LLaakkhhss)) 11,,887722,,111177..3344

Source for Risk ratio: CRISIL Fund Analyser * Risk-free rate assumed to be 7.90% (364-day Treasury Bill yield on 31-03-15)

Face Value per Unit: ` 10 unless otherwise specified + Industry Classification as recommended by AMFI Data is as of March 31, 2015 unless otherwise specified.


HDFC Top 200 FundAn open-ended growth scheme

HDFC Capital Builder FundAn open-ended growth scheme













Housing Development Finance Corporation Ltd. $ Finance 3.79



Reliance Industries Ltd. Petroleum Products 3.37TToottaall ooff TToopp TTeenn HHoollddiinnggss 5500..441144


Cash margin 0.15

Other Cash, Cash Equivalents and Net Current Assets 1.40GGrraanndd TToottaall 110000..0000


Portfolio – Top 10 Holdings Portfolio – Top 10 Holdings







Tata Motors Ltd. Auto 4.32





Grasim Industries Ltd. Cement 3.50

Solar Industries India Ltd. Chemicals 3.21TToottaall ooff TToopp TTeenn HHoollddiinnggss 4422..4477


Cash margin 0.11

Other Cash, Cash Equivalents and Net Current Assets 6.93GGrraanndd TToottaall 110000..0000


Banks 27.28

Software 13.75

Auto 8.89

Petroleum Products 7.83

Construction Project 6.12

Finance 5.66

Industrial Capital Goods 5.56

Pharmaceuticals 5.36

Telecom - Services 3.45

Cement 3.21

Consumer Non Durables 3.09

Power 2.94

Ferrous Metals 1.11

Minerals / Mining 1.07

Oil 1.05

Media And Entertainment 0.61

Transportation 0.29

Pesticides 0.23

Construction 0.22

Gas 0.18

Non - Ferrous Metals 0.08

Industrial Products 0.47

Industry Allocation of Equity Holding (% of Net Assets)Banks 26.38

Software 10.59




Chemicals 5.20

Auto 4.32

Cement 3.62


Consumer Durables 3.03

Power 1.72



Auto Ancillaries 1.43



Oil 1.18

Construction 1.02

Services 1.00

Gas 0.96











$ Co-sponsor

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

An open-ended growth scheme An open-ended growth scheme

HDFC Core & Satellite Fund


Banks 20.38Construction Project 10.37Petroleum Products 9.09Auto 8.39Software 7.07Pharmaceuticals 6.81Cement 6.52Industrial Capital Goods 6.21Consumer Durables 4.96

Consumer Non Durables 4.48Industrial Products 2.78Ferrous Metals 2.47Oil 2.44Telecom - Services 2.11Media And Entertainment 2.02Pesticides 1.43Construction 0.63Retailing 0.41






Banks 28.76Software 11.27Industrial Capital Goods 9.48Auto 7.40Cement 6.75Construction Project 6.26Petroleum Products 5.02Consumer Non Durables 3.95Gas 3.83

Pharmaceuticals 3.52Industrial Products 3.28Ferrous Metals 1.97Telecom - Services 1.82Consumer Durables 1.59Auto Ancillaries 1.29Oil 1.17Minerals / Mining 0.88Media And Entertainment 0.65



HDFC Premier Multi-Cap Fund









Punjab National Bank Banks 3.79


KEC International Ltd. Construction Project 3.43

Wipro Ltd. Software 3.37












Large-Cap 44.55Mid Cap 54.34

Segment-wise Break-up of Equity Holding (% of Net Assets)








Punjab National Bank Banks 4.01

Gujarat State Petronet Ltd. Gas 3.83



Bharat Electronics Ltd. Industrial Capital Goods 3.62TToottaall ooff TToopp TTeenn HHoollddiinnggss 4477..1155


Cash, Cash Equivalents and Net Current Assets 1.11 GGrraanndd TToottaall 110000..0000






HDFC Mid-Cap Opportunities FundAn open-ended equity scheme




Banks 14.67Industrial Products 10.57Pharmaceuticals 9.78Consumer Durables 8.09Software 7.78Auto Ancillaries 7.57Finance 7.28Industrial Capital Goods 5.64Pesticides 5.41

Media And Entertainment 4.13Chemicals 3.99Construction Project 2.98Petroleum Products 2.22Consumer Non Durables 2.07Construction 1.36Oil 1.02Transportation 0.99


Large-Cap 1.51Mid-Cap 94.04




Bajaj Finance Ltd. Finance 2.69

AIA Engineering Ltd. Industrial Capital Goods 2.47

Torrent Pharmaceuticals Ltd. Pharmaceuticals 2.43

Voltas Ltd. Construction Project 2.35

Amara Raja Batteries Ltd. Auto Ancillaries 2.25

Hindustan Petroleum Corporation Ltd. Petroleum Products 2.22

Bayer Cropscience Ltd Pesticides 2.16

MindTree Limited Software 2.11

Divi's Laboratories Ltd. Pharmaceuticals 2.11

SKF India Ltd. Industrial Products 2.08











HDFC Large-Cap FundAn open-ended equity scheme




Banks 29.02

Software 16.27

Auto 10.57




Finance 5.14


Oil 2.65

Cement 2.28



Power 1.15




ICICI Bank Ltd. Banks 8.46State Bank of India Banks 7.80Larsen & Toubro Ltd. Construction Project 7.45Infosys Ltd. Software 7.02Axis Bank Ltd. Banks 6.42HDFC Bank Ltd. Banks 6.34Reliance Industries Ltd. Petroleum Products 6.10Tata Motors Ltd. DVR Auto 5.28Housing Development Finance Corporation Ltd. $ Finance 5.14IInnvveessttmmeenntt iinn AADDRR//GGDDRR//FFoorreeiiggnn SSeeccuurriittiieess

Cognizant Technology Solutions Corp Software 6.02TToottaall ooff TToopp TTeenn HHoollddiinnggss 6666..0033TToottaall EEqquuiittyy && EEqquuiittyy RReellaatteedd HHoollddiinnggss 9977..1100

Cash, Cash Equivalents and Net Current Assets 2.90GGrraanndd TToottaall 110000..0000





$ Co-sponsor


HDFC Infrastructure FundAn open-ended equity scheme



Growth Option 16.711Dividend Option 15.283Direct Plan- Growth Option 16.994Direct Plan -Dividend Option 16.994






Bank of Baroda Banks 4.82



Sadbhav Engineering Ltd. Construction Project 4.27



Siemens Ltd. Industrial Capital Goods 3.33






Banks 20.96Construction Project 15.50Industrial Capital Goods 15.03Auto 8.75Construction 6.37Software 4.71Petroleum Products 3.71Power 3.61Cement 3.11

Chemicals 2.99Auto Ancillaries 2.29Telecom - Equipment & Accessories 2.24Finance 2.00Telecom - Services 1.65Consumer Non Durables 1.65Ferrous Metals 0.78Media And Entertainment 0.70Minerals / Mining 0.22










HDFC Small and Mid-Cap FundAn open-ended equity scheme




Banks 16.17Pharmaceuticals 13.19Finance 8.76Industrial Products 7.18Software 6.43Construction Project 5.58Pesticides 5.00Chemicals 4.64Auto Ancillaries 4.20Consumer Non Durables 4.15Consumer Durables 3.72

Transportation 3.26Media And Entertainment 3.06Auto 2.79Power 1.75Industrial Capital Goods 1.46Textile - Synthetic 1.45Trading 1.35Construction 0.52Retailing 0.30Cement 0.12






Dhanuka Agritech Ltd. Pesticides 2.32

Voltas Ltd. Construction Project 2.30

IDFC Ltd. Finance 2.28

Divi's Laboratories Ltd. Pharmaceuticals 2.25

Hexaware Technologies Ltd. Software 2.14

Sadbhav Engineering Ltd. Construction Project 2.13

Shriram Transport Finance Co. Ltd. Finance 2.13

Cadila Healthcare Ltd. Pharmaceuticals 2.08






Mid-Cap 29.09Small-Cap 65.99



HDFC TaxSaverAn open-ended equity linked savings scheme with

a lock-in period of 3 years





Banks 24.35Software 10.24Auto 7.82Construction Project 6.85Petroleum Products 6.06Pharmaceuticals 6.06Industrial Capital Goods 5.88Consumer Non Durables 5.54Cement 5.02Telecom - Services 2.49Ferrous Metals 2.32Minerals / Mining 2.06

Oil 1.99Industrial Products 1.76Auto Ancillaries 1.75Power 1.33Finance 1.28Chemicals 1.17Consumer Durables 1.04Services 0.63Gas 0.44Pesticides 0.37Media And Entertainment 0.26Paper 0.26









Procter & Gamble Hygiene and Health Care Ltd. Consumer Non Durables 3.98



Cipla Ltd. Pharmaceuticals 2.83

Wipro Ltd. Software 2.73









HDFC Long Term Advantage FundAn open-ended equity linked savings scheme with

a lock-in period of 3 years










Tata Consultancy Services Ltd. Software 5.49




Motherson Sumi Systems Ltd. Auto Ancillaries 4.34

Supreme Industries Ltd. Industrial Products 3.48







Banks 17.35

Software 13.12



Finance 6.17


Auto 5.94




Consumer Durables 4.59


Oil 2.39


Ferrous Metals 0.80





$ Co-sponsor



HDFC Index Fund

NIFTY Plan (Face Value per Unit: ` 10.3260)


Growth Option 74.3311Direct Plan - Growth Option 74.6409







ITC Ltd. Consumer Non Durables 6.04













$ Co-sponsor

An open-ended index linked scheme

Banks 23.48

Software 16.10


Auto 8.89

Finance 7.59




Cement 2.91

Power 2.55



Oil 2.25

Ferrous Metals 0.72



Gas 0.60



TTrraacckkiinngg EErrrroorr SSiinnccee IInncceeppttiioonn ((AAnnnnuuaalliisseedd)) 22..4488%%




















$ Co-sponsor

SENSEX Plan (Face Value per Unit: ` 32.1610)




HDFC Index Fund

Banks 22.90

Software 15.92

Auto 10.75


Finance 8.42





Oil 2.31


Power 1.86


Ferrous Metals 0.85

Gas 0.78



TTrraacckkiinngg EErrrroorr SSiinnccee IInncceeppttiioonn ((AAnnnnuuaalliisseedd)) 22..7722%%

+ Industry Classification as recommended by AMFI Data is as of March 31, 2015 unless otherwise specified.





HDFC Balanced FundAn open-ended balanced scheme

CCoommppaannyy // IIssssuueerr IInndduussttrryy++ // RRaattiinngg %% ttoo NNAAVV











Torrent Pharmaceuticals Ltd. Pharmaceuticals 1.71TToottaall ooff TToopp TTeenn HHoollddiinnggss 3311..5511


GG-SSEECC,, CCRREEDDIITT EEXXPPOOSSUURREE

Government Securities Sovereign 22.79

Tata Sons Ltd. CRISIL - AAA 1.81

Shriram Transport Finance Co. Ltd. CARE - AA+ 1.13

Power Finance Corporation Ltd. CRISIL - AAA 0.89

Sesa Sterlite Ltd. CRISIL - AA+ 0.48

Hindalco Industries Ltd. CRISIL - AA 0.29

State Bank of India CRISIL - AAA 0.07

Bajaj Auto Ltd. CRISIL - AAA(SO) 0.00TToottaall GG-SSeecc,, CCrreeddiitt EExxppoossuurree 2277..4466




Banks 17.38Software 10.68Pharmaceuticals 8.41Construction Project 5.19Industrial Products 4.86Petroleum Products 3.27Consumer Durables 3.20Auto Ancillaries 2.95Auto 2.78

Industrial Capital Goods 2.60Pesticides 2.37Chemicals 2.04Telecom - Services 1.55Media And Entertainment 0.83Transportation 0.78Consumer Non Durables 0.70Ferrous Metals 0.40


$ Co-sponsor



















PPoorrttffoolliioo TTuurrnnoovveerr RRaattiioo ((LLaasstt 11 YYeeaarr)) 2200..8855%%$ Co-sponsor

SENSEX Plus Plan (Face Value per Unit: ` 32.1610)




HDFC Index Fund

Banks 21.91

Software 13.91

Auto 9.32



Finance 6.83



Cement 2.72

Chemicals 2.69


Oil 2.18


Power 1.32

Services 1.32

Pesticides 1.09

Ferrous Metals 0.76

Gas 0.73





Industry Allocation of Equity Holding (% of Net Assets) YYiieelldd ttoo MMaattuurriittyy ** 88..0000%%

MMooddiiffiieedd DDuurraattiioonn ** 66..9944 yyeeaarrss

AAvveerraaggee MMaattuurriittyy ** 1133..9933 yyeeaarrss


* Computed on the invested amount for debt portfolio



HDFC Children’s Gift FundAn open-ended balanced scheme

Investment Plan


Investment Plan 83.575Investment Plan - Direct Plan 84.773

$ Co-sponsor


Banks 12.83Industrial Products 10.70Software 7.44Pharmaceuticals 6.88Auto Ancillaries 6.72Construction Project 4.22Industrial Capital Goods 3.90Pesticides 3.14Finance 3.03Consumer Non Durables 2.95

Auto 2.01Telecom - Services 1.48Media And Entertainment 1.44Petroleum Products 1.24Transportation 0.97Ferrous Metals 0.73Consumer Durables 0.65Power 0.46Fertilisers 0.34



EEQQUUIITTYY && EEQQUUIITTYY RREELLAATTEEDDMotherson Sumi Systems Ltd. Auto Ancillaries 4.00State Bank of India Banks 3.18Fag Bearings India Ltd. Industrial Products 2.90Larsen & Toubro Ltd. Construction Project 2.80Infosys Ltd. Software 2.78ICICI Bank Ltd. Banks 2.65Sun Pharmaceuticals Industries Ltd. Pharmaceuticals 2.57HDFC Bank Ltd. Banks 2.56Axis Bank Ltd. Banks 2.49AIA Engineering Ltd. Industrial Capital Goods 2.42 TToottaall ooff TToopp TTeenn HHoollddiinnggss 2288..3355TToottaall EEqquuiittyy && EEqquuiittyy RReellaatteedd HHoollddiinnggss 7711..1133GG-SSEECC,, CCRREEDDIITT EEXXPPOOSSUURREEGovernment Securities Sovereign 18.87Tata Sons Ltd. CRISIL - AAA 4.08Power Finance Corporation Ltd. CRISIL - AAA 1.25Sesa Sterlite Ltd. CRISIL - AA+ 0.63Bajaj Auto Ltd. CRISIL - AAA(SO) 0.00TToottaall GG-SSeecc,, CCrreeddiitt EExxppoossuurree 2244..8833 Cash, Cash Equivalents and Net Current Assets 4.04GGrraanndd TToottaall 110000..0000


HDFC Prudence FundAn open-ended balanced scheme




EEQQUUIITTYY && EEQQUUIITTYY RREELLAATTEEDDInfosys Ltd. Software 6.21State Bank of India Banks 5.29Larsen & Toubro Ltd. Construction Project 4.91ICICI Bank Ltd. Banks 4.72Aarti Industries Ltd. Chemicals 2.73Maruti Suzuki India Ltd. Auto 2.40Bharti Airtel Ltd. Telecom - Services 2.37Aurobindo Pharma Ltd. Pharmaceuticals 2.28Bank of Baroda Banks 2.06Tata Motors Ltd. DVR Auto 2.05 TToottaall ooff TToopp TTeenn HHoollddiinnggss 3355..0022TToottaall EEqquuiittyy && EEqquuiittyy RReellaatteedd HHoollddiinnggss 7744..3388 GG-SSEECC,, CCRREEDDIITT EEXXPPOOSSUURREE Government Securities Sovereign 20.01IDBI Bank Ltd. CRISIL - AA- 2.23Andhra Pradesh Expressway Ltd. ICRA - AAA(SO) 0.73Tata Power Co. Ltd. CRISIL - AA- 0.65Bank of India BRICKWORKS - AAA 0.65Punjab National Bank CARE - AA+ / CRISIL - AAA 0.54State Bank of Indore 0.19State Bank of Bikaner & Jaipur CRISIL - AAA 0.12ICICI Bank Ltd. CRISIL - AAA 0.09State Bank of Patiala CRISIL - AAA 0.06 TToottaall ooff TToopp TTeenn HHoollddiinnggss 2255..2277TToottaall GG-SSeecc,, CCrreeddiitt EExxppoossuurree 2255..3300 Cash margin 0.21Other Cash, Cash Equivalents and Net Current Assets 0.11 GGrraanndd TToottaall 110000..0000



Banks 16.46Software 9.67Industrial Capital Goods 6.84Construction Project 5.83Auto 4.45Pharmaceuticals 3.75Consumer Non Durables 3.32Chemicals 3.09Petroleum Products 2.98Telecom - Services 2.97Auto Ancillaries 2.24Cement 1.90

Power 1.43Industrial Products 1.39Finance 1.27Media And Entertainment 1.11Consumer Durables 1.02Construction 0.96Pesticides 0.94Telecom - Equipment & Accessories 0.72Paper 0.66Ferrous Metals 0.65Oil 0.55Textile - Synthetic 0.18


YYiieelldd ttoo MMaattuurriittyy ** 88..2233%%








* Computed on the invested amount for debt portfolio * Computed on the invested amount for debt portfolio


EEQQUUIITTYY && EEQQUUIITTYY RREELLAATTEEDDSolar Industries India Ltd. Chemicals 1.58ICICI Bank Ltd. Banks 1.56Bank of Baroda Banks 1.35State Bank of India Banks 1.32NHPC Ltd. Power 0.98Century Textiles & Industries Ltd. Cement 0.92Tata Consultancy Services Ltd. Software 0.84Larsen & Toubro Ltd. Construction Project 0.82Motherson Sumi Systems Ltd. Auto Ancillaries 0.75Oil India Ltd. Oil 0.70TToottaall ooff TToopp TTeenn HHoollddiinnggss 1100..8822 TToottaall EEqquuiittyy && EEqquuiittyy RReellaatteedd HHoollddiinnggss 1188..8866GG-SSEECC,, CCRREEDDIITT EEXXPPOOSSUURREEGovernment Securities Sovereign 22.46Rural Electrification Corporation Ltd. CRISIL - AAA 10.21State Bank of India CRISIL - AAA 10.01Hindalco Industries Ltd. CRISIL - AA 5.06Infiniti Retail Ltd. CARE - A+ 4.70Shriram City Union Finance Ltd. CRISIL - AA- 3.66BMW India Financial Services Pvt. Ltd. CRISIL - AAA 3.34LIC Housing Finance Ltd. CARE - AAA / CRISIL - AAA 2.23Power Finance Corporation Ltd. CRISIL - AAA 1.98Tata Steel Ltd. CARE - AA 1.80TToottaall ooff TToopp TTeenn HHoollddiinnggss 6655..4455TToottaall GG-SSeecc,, CCrreeddiitt EExxppoossuurree 7788..1100 Cash, Cash Equivalents and Net Current Assets 3.04GGrraanndd TToottaall 110000..0000



YYiieelldd ttoo MMaattuurriittyy ** 88..5588%%* Computed on the invested amount for debt portfolio



NAV NAV per Unit (`)Growth Option 24.5546Monthly Dividend Option 12.0465Quarterly Dividend Option 12.3655Direct Plan - Growth Option 24.7765Direct Plan - Monthly Dividend Option 12.1646Direct Plan - Quarterly Dividend Option 12.4875

HDFC MF MIP - Short Term PlanAn open-ended income scheme. Monthly income is not

assured and is subject to availability of distributable surplus


CD - Certificate of Deposit; CP - Commercial Papers


HDFC Children’s Gift FundAn open-ended balanced scheme

Savings Plan


Savings Plan 35.5137Savings Plan - Direct Plan 36.1598











Timken India Ltd. Industrial Products 0.81


Solar Industries India Ltd. Chemicals 0.80

Grindwell Norton Ltd. Industrial Products 0.78


Sadbhav Engineering Ltd. Construction Project 0.68TToottaall ooff TToopp TTeenn HHoollddiinnggss 99..1155 TToottaall EEqquuiittyy && EEqquuiittyy RReellaatteedd HHoollddiinnggss 1188..7700

GG-SSEECC,, CCRREEDDIITT EEXXPPOOSSUURREE




LIC Housing Finance Ltd. CRISIL - AAA 5.13



Bajaj Auto Ltd. CRISIL - AAA(SO) 0.01TToottaall ooff GG-SSeecc,, CCrreeddiitt EExxppoossuurree 7766..0088





EEQQUUIITTYY && EEQQUUIITTYY RREELLAATTEEDDState Bank of India Banks 1.85Infosys Ltd. Software 1.81ICICI Bank Ltd. Banks 1.81Maruti Suzuki India Ltd. Auto 1.44Larsen & Toubro Ltd. Construction Project 1.24Bharat Petroleum Corporation Ltd. Petroleum Products 0.96Hindustan Media Ventures Ltd. Media And Entertainment 0.93CMC Ltd. Software 0.85Procter & Gamble Hygiene and Health Care Ltd. Consumer Non Durables 0.85Aurobindo Pharma Ltd. Pharmaceuticals 0.77TToottaall ooff TToopp TTeenn HHoollddiinnggss 1122..5511 TToottaall EEqquuiittyy && EEqquuiittyy RReellaatteedd HHoollddiinnggss 2233..5533GG-SSEECC,, CCRREEDDIITT EEXXPPOOSSUURREEGovernment Securities Sovereign 38.61IDBI Bank Ltd. CRISIL - AA- 4.69Bank of Baroda CARE - AA+ 4.54Hindalco Industries Ltd. CRISIL - AA 3.87Tata Power Co. Ltd. CRISIL - AA- 3.50Power Grid Corporation of India Ltd. CRISIL - AAA 2.30State Bank of India CRISIL - AAA 2.13Punjab National Bank CARE - AA+ 1.89Union Bank of India CRISIL - AAA 1.62Power Finance Corporation Ltd. CRISIL - AAA 1.50TToottaall ooff TToopp TTeenn HHoollddiinnggss 6644..6655TToottaall GG-SSeecc,, CCrreeddiitt EExxppoossuurree 7733..8899Cash, Cash Equivalents and Net Current Assets 2.58 GGrraanndd TToottaall 110000..0000




$ Co-sponsor




NAV NAV per Unit (`)Growth Option 34.5855Monthly Dividend Option 14.5630Quarterly Dividend Option 15.0007Direct Plan - Growth Option 34.9208Direct Plan - Monthly Dividend Option 14.7166Direct Plan - Quarterly Dividend Option 15.1629

HDFC Multiple Yield FundAn open-ended income scheme


NAV NAV per Unit (`)Growth Option 25.9103Dividend Option 11.1137Direct Plan - Growth Option 26.1482Direct Plan - Dividend Option 11.2276

MMooddiiffiieedd DDuurraattiioonn ** 220077 ddaayyss

AAvveerraaggee MMaattuurriittyy ** 222244 ddaayyss

HDFC MF MIP - Long Term PlanAn open-ended income scheme. Monthly income is not

assured and is subject to availability of distributable surplus



Power Finance Corporation Ltd. Finance 2.23



Gujarat State Petronet Ltd. Gas 1.59

Power Grid Corporation of India Ltd. Power 1.48

Britannia Industries Ltd. Consumer Non Durables 1.44


Federal Bank Ltd. Banks 1.26

Tata Steel Ltd. Ferrous Metals 1.08

GAIL (India) Ltd. Gas 1.06 TToottaall ooff TToopp TTeenn HHoollddiinnggss 1155..4444 TToottaall EEqquuiittyy && EEqquuiittyy RReellaatteedd HHoollddiinnggss 2222..6622

CCDD//CCPP,, CCRREEDDIITT EEXXPPOOSSUURREE

Export - Import Bank of India ICRA - A1+ 25.84

Canara Bank CRISIL - A1+ 18.94


Housing Development Finance Corporation Ltd. $ CRISIL - AAA 9.54

NHPC Ltd. CARE - AAA 3.40

Corporation Bank CRISIL - A1+ 1.61TToottaall CCDD//CCPP,, CCrreeddiitt EExxppoossuurree 7722..9977








NAV NAV per Unit (`)Growth Option 32.0389Quarterly Dividend Option 11.0817Normal Dividend Option 10.1031Direct Plan - Growth Option 32.6162Direct Plan - Quarterly Dividend Option 11.3125Direct Plan - Normal Dividend Option 10.3186

HDFC Income FundAn open-ended income scheme



IIssssuueerr RRaattiinngg %% ttoo NNAAVV

GG-SSEECC,, CCDD//CCPP,, CCRREEDDIITT EEXXPPOOSSUURREE


Union Bank of India CRISIL - AAA 4.62


Hindalco Industries Ltd. CRISIL - AA 1.85

Tata Power Co. Ltd. CRISIL - AA- 1.64

Power Grid Corporation of India Ltd. CRISIL - AAA 1.54

Mahanagar Telephone Nigam Ltd. CARE - AAA(SO) 1.52

Food Corporation of India CRISIL - AAA(SO) 1.48

NTPC Ltd. CRISIL - AAA 1.46



TToottaall GG-SSeecc,, CCDD//CCPP,, CCrreeddiitt EExxppoossuurree 9999..6600





* Computed on the invested amount






NAV NAV per Unit (`)Growth Option 24.6749Dividend Option 11.5868Direct Plan - Growth Option 25.0056Direct Plan - Dividend Option 12.1587

HDFC Multiple Yield Fund - Plan 2005An open-ended income scheme



EEQQUUIITTYY && EEQQUUIITTYY RREELLAATTEEDDTata Motors Ltd. DVR Auto 1.42State Bank of India Banks 1.16Rural Electrification Corporation Ltd. Finance 0.98IDFC Ltd. Finance 0.94Solar Industries India Ltd. Chemicals 0.80Bajaj Finance Ltd. Finance 0.79Carborundum Universal Ltd. Industrial Products 0.79Grindwell Norton Ltd. Industrial Products 0.75Torrent Pharmaceuticals Ltd. Pharmaceuticals 0.72Vesuvius India Ltd. Industrial Products 0.69TToottaall ooff TToopp TTeenn HHoollddiinnggss 99..0044TToottaall EEqquuiittyy && EEqquuiittyy RReellaatteedd HHoollddiinnggss 1177..8866CCDD//CCPP,, CCRREEDDIITT EEXXPPOOSSUURREECorporation Bank CRISIL - A1+ 15.24Tata Motors Ltd. CARE - AA 13.45Tata Sons Ltd. CRISIL - AAA 13.45Andhra Bank FITCH - A1+ 12.71Housing Development Finance Corporation Ltd. $ CRISIL - AAA 12.38Export - Import Bank of India ICRA - A1+ 4.59Bharat Petroleum Corporation Ltd. CRISIL - AAA 2.68Cholamandalam Investment and Finance Co. Ltd. ICRA - AA 2.37TToottaall CCDD//CCPP,, CCrreeddiitt EExxppoossuurree 7766..8877Cash, Cash Equivalents and Net Current Assets 5.27 GGrraanndd TToottaall 110000..0000





$ Co-sponsor

NAV NAV per Unit (`)Growth Option 27.5985Dividend Option 10.4714Fortnightly Dividend Option 10.6080Direct Plan - Growth Option 27.8831Direct Plan - Dividend Option 10.4455Direct Plan - Fortnightly Dividend Option 10.6090

NAV NAV per Unit (`)Growth Option 48.2176Quarterly Dividend Option 11.8030Half-Yearly Dividend Option 11.3628Yearly Dividend Option 12.3357Normal Dividend Option 10.3299Direct Plan - Growth Option 49.1081Direct Plan - Quarterly Dividend Option 12.0426Direct Plan - Half-Yearly Dividend Option 11.9075Direct Plan - Yearly Dividend Option 12.5998Direct Plan - Normal Dividend Option 10.3378


HDFC High Interest Fund - Dynamic PlanAn open-ended income scheme

HDFC High Interest Fund - Short Term PlanAn open-ended income scheme

MMooddiiffiieedd DDuurraattiioonn ** 77..9988 yyeeaarrssMMooddiiffiieedd DDuurraattiioonn ** 22..9988 yyeeaarrss



GG-SSEECC,, CCRREEDDIITT EEXXPPOOSSUURREEGovernment Securities Sovereign 80.22Power Finance Corporation Ltd. CRISIL - AAA 4.81Rural Electrification Corporation Ltd. CRISIL - AAA 2.38Hindalco Industries Ltd. CRISIL - AA 1.71State Government of Tamil Nadu Sovereign 1.50Mahanagar Telephone Nigam Ltd. CARE - AAA(SO) 1.30National Bank for Agriculture & Rural Development CRISIL - AAA 1.19Steel Authority of India Ltd. CARE - AAA 1.00State Government of Hariyana Sovereign 0.75Bank of Baroda CARE - AA+ 0.71

TToottaall ooff TToopp TTeenn HHoollddiinnggss 9955..5577 TToottaall GG-SSeecc,, CCrreeddiitt EExxppoossuurree 9966..9911 Cash, Cash Equivalents and Net Current Assets 3.09 GGrraanndd TToottaall 110000..0000


Portfolio – Top 10 HoldingsIIssssuueerr RRaattiinngg %% ttoo NNAAVV

GG-SSEECC,, CCDD//CCPP,, CCRREEDDIITT EEXXPPOOSSUURREE


LIC Housing Finance Ltd. CARE - AAA / CRISIL - AAA 7.52


Tube Investments of India Ltd. CRISIL - AA 4.03



BMW India Financial Services Pvt. Ltd. CRISIL - AAA 2.51

Cholamandalam Investment and Finance Co. Ltd. ICRA - AA 2.49

ICICI Bank Ltd. CARE - A1+ 2.38

Rural Electrification Corporation Ltd. CRISIL - AAA 2.34oottaall ooff TToopp TTeenn HHoollddiinnggss 5577..2255 TToottaall GG-SSeecc,, CCDD//CCPP,, CCrreeddiitt EExxppoossuurree 9955..1166





Total outstanding position (as at March 31, 2015) in Derivative Instruments(Interest Rate Swap) (Gross Notional) ` 500 lakhs.




Face Value per Unit: ` 10 unless otherwise specified Data is as of March 31, 2015 unless otherwise specified.

YYiieelldd ttoo MMaattuurriittyy ** 77..9911%% YYiieelldd ttoo MMaattuurriittyy ** 88..5588%%

$ Co-sponsor



HDFC Short Term Opportunities FundAn open-ended income scheme

$ Co-sponsor



NAV NAV per Unit (`)Growth Option 15.2362Fortnightly Dividend Option 10.1295Normal Dividend Option 10.2443Direct Plan - Growth Option 15.2810Direct Plan - Fortnightly Dividend Option 10.1901Direct Plan - Normal Dividend Option 10.2155




Rural Electrification Corporation Ltd. CRISIL - AAA 7.96

Steel Authority of India Ltd. CARE - AAA 7.79


Small Industries Development Bank of India [SIDBI] CARE - A1+, AAA 4.21

ICICI Home Finance Ltd. ICRA - AAA 3.32

HDB Financial Services Ltd. CARE - AAA / CRISIL - AAA 2.43

Petronet LNG Ltd. CRISIL - AA+ 2.26

Tata Power Co. Ltd. CARE - AA 2.12TToottaall ooff TToopp TTeenn HHoollddiinnggss 5599..9911

TToottaall GG-SSeecc,, CCDD//CCPP,, CCrreeddiitt EExxppoossuurree 8866..7700







NAV NAV per Unit (`)Growth Option 27.0529Dividend Option 10.4630Monthly Dividend Option 10.3477Direct Plan - Growth Option 27.2112Direct Plan - Dividend Option 10.3653Direct Plan - Monthly Dividend Option 10.3489

HDFC Short Term PlanAn open-ended income scheme




CCDD//CCPP,, CCRREEDDIITT EEXXPPOOSSUURREEPetronet LNG Ltd. CRISIL - AA+ 4.78Aditya Birla Retail Ltd. CRISIL - A- 4.73Sesa Sterlite Ltd. CRISIL - AA+ 4.30Indiabulls Housing Finance Ltd. CARE - AA+ 4.13Sadbhav Infrastructure Project Ltd. CARE - A+(SO) 3.92Writers and Publishers Private Ltd. (Secured with shares of DB Corp Ltd.) BRICKWORKS - AA-(SO) 3.84Samvardhana Motherson International Ltd. (Secured with shares of Motherson Sumi Systems Ltd.) BWR - A+(SO) 3.77Adani Power Ltd. BRICKWORKS - AA-(SO) 3.68Prime Publishing Private Ltd. (Secured with shares of ZEE Entertainment Enterprise Ltd.) Unrated 3.42Aarti Industries Ltd. CRISIL - A+ 3.35TToottaall ooff TToopp TTeenn HHoollddiinnggss 3399..9922 TToottaall GG-SSeecc,, CCDD//CCPP,, CCrreeddiitt EExxppoossuurree 9911..3333 Cash, Cash Equivalents and Net Current Assets 8.67 GGrraanndd TToottaall 110000..0000




Long Term Plan




GG-SSEECC

8.30 GOI 2040 Sovereign 20.99









8.60 GOI 2028 Sovereign 0.87TToottaall ooff TToopp TTeenn HHoollddiinnggss 9933..3311

TToottaall GG-SSeecc 9955..8899







An open-ended income scheme

HDFC Medium Term Opportunities FundAn open-ended income scheme

HDFC Gilt Fund


$ Co-sponsor




NAV NAV per Unit (`)Growth Option 15.1930Dividend Option 10.3337Quarterly Dividend Option 10.1759Direct Plan - Growth Option 15.2236Direct Plan - Dividend Option 10.4477Direct Plan - Quarterly Dividend Option 10.2488





Rural Electrification Corporation Ltd. CRISIL - AAA 10.29


Export - Import Bank of India CRISIL - AAA 8.36



National Bank for Agriculture & Rural Development CRISIL - AAA 3.77


Tata Motors Ltd. CARE - AA+ 2.99

Syndicate Bank CARE - A1+ 2.91


TToottaall CCDD//CCPP,, CCrreeddiitt EExxppoossuurree 8855..8877





YYiieelldd ttoo MMaattuurriittyy ** 88..4488%% YYiieelldd ttoo MMaattuurriittyy ** 77..8877%%




Short Term Plan

TT-BBIILLLLSS,, CCDD//CCPP,, CCRREEDDIITT EEXXPPOOSSUURREEHousing Development Finance Corporation Ltd. $ CRISIL - AAA 7.61Bank of Baroda CRISIL - A1+ 4.83Union Bank of India CRISIL - A1+ 4.01Oriental Bank of Commerce CRISIL - A1+ 3.98ICICI Bank Ltd. CARE - A1+ 3.94Government Securities Sovereign 3.61Export - Import Bank of India CRISIL - AAA 3.25Cholamandalam Investment and Finance Co. Ltd. ICRA - AA 2.86L&T Finance Ltd. CARE - AA+ 2.61Magma Fincorp Ltd. CARE - AA 2.45TToottaall ooff TToopp TTeenn HHoollddiinnggss 3399..1155TToottaall CCDD//CCPP,, CCrreeddiitt EExxppoossuurree 9966..3366Cash, Cash Equivalents and Net Current Assets 3.64GGrraanndd TToottaall 110000..0000



GG-SSEECC,, CCDD//CCPP


Corporation Bank CRISIL - A1+ 11.59

IDBI Bank Ltd. CRISIL - A1+ / ICRA - A1+ 10.70


Oriental Bank of Commerce CRISIL - A1+ 7.57

National Bank for Agriculture & Rural Development CRISIL - A1+ 7.56

Union Bank of India CRISIL - A1+ 5.36

Vijaya Bank CARE - A1+ 4.05

Allahabad Bank CRISIL - A1+ 4.05

Syndicate Bank CARE - A1+ 4.01


TToottaall CCDD//CCPP 110000..3355

Cash, Cash Equivalents and Net Current Assets (0.35)




HDFC Floating Rate Income FundAn open-ended income scheme

HDFC Floating Rate Income FundAn open-ended income scheme

Long Term Plan





NAV NAV per Unit (`)RReettaaiill OOppttiioonnGrowth Option 23.3693Daily Dividend Reinvestment Option 10.0809Weekly Dividend Option 10.1519Monthly Dividend Option 10.1607WWhhoolleessaallee OOppttiioonnGrowth Option 23.9573Daily Dividend Reinvestment Option 10.0809Weekly Dividend Option 10.1520Monthly Dividend Option 10.1609Direct Plan - Growth Option 23.9848Direct Plan - Daily Dividend Reinvestment Option 10.0809Direct Plan - Weekly Dividend Option 10.1520Direct Plan - Monthly Dividend Option 10.1608

NAV NAV per Unit (`)Growth Option 24.3516Weekly Dividend Reinvestment Option 10.2491Normal Dividend Option 10.0295Direct Plan - Growth Option 24.3818Direct Plan - Weekly Dividend Reinvestment Option 10.2490

G-Sec 20.26CD/CP 80.09Cash, Cash Equivalents and Net Current Assets (0.35)

Portfolio Classification by Asset Class (%)

Portfolio Classification by Rating Class (%)Sovereign 20.26AAA / AAA(SO) / A1+ / A1+(SO) & Equivalent 80.09Cash, Cash Equivalents and Net Current Assets (0.35)





$ Co-sponsor


Savings PlanAn open-ended high liquidity income scheme


HDFC Liquid FundAn open-ended liquid income scheme

HDFC Cash Management Fund








NAV NAV per Unit (`)Growth Option 29.1838Daily Dividend Reinvestment Option 10.6364Weekly Dividend Option 10.6374Direct Plan - Growth Option 29.2191Direct Plan - Daily Dividend Reinvestment Option 10.6364Direct Plan - Weekly Dividend Option 10.6376


HHDDFFCC LLiiqquuiidd FFuunnddGrowth Option 27.5763Daily Dividend Reinvestment Option 10.1982Weekly Dividend Option 10.3151Monthly Dividend Option 10.2679Direct Plan - Growth Option 27.6128Direct Plan - Daily Dividend Reinvestment Option 10.1982Direct Plan - Weekly Dividend Option 10.3152Direct Plan - Monthly Dividend Option 10.2679HHDDFFCC LLiiqquuiidd FFuunndd - PPrreemmiiuumm PPllaannGrowth Option 28.0438Daily Dividend Reinvestment Option 12.2598 CCDD//CCPP

Mahindra & Mahindra Financial Services Ltd. CRISIL - A1+ 6.12

L&T Finance Ltd. CARE - A1+ 5.12

Tata Capital Financial Services Ltd. ICRA - A1+ 5.11


Vijaya Bank CARE - A1+ 4.30

Bank of Baroda CRISIL - A1+ 4.09

Tata Power Co. Ltd. ICRA - A1+ 4.08

Bajaj Finance Ltd. ICRA - A1+ 3.98

Punjab & Sind Bank ICRA - A1+ 3.58

Aditya Birla Finance Ltd. ICRA - A1+ 3.58


TToottaall CCDD//CCPP 110022..4466

Cash, Cash Equivalents and Net Current Assets (2.46)



CCDD//CCPP

ICICI Bank Ltd. CARE - A1+ 6.71

Oriental Bank of Commerce CRISIL - A1+ 6.60


Punjab & Sind Bank ICRA - A1+ 4.82

Aditya Birla Finance Ltd. ICRA - A1+ 4.48

L&T Finance Ltd. CARE - A1+ 4.34

Mahindra & Mahindra Financial Services Ltd. CRISIL - A1+ 3.85

Adani Ports and Special Economic Zone Ltd. ICRA - A1+ 3.12

Bank of Baroda CRISIL - A1+ 3.08

Bank of Maharashtra CRISIL - A1+ 2.90TToottaall ooff TToopp TTeenn HHoollddiinnggss 4455..6677

TToottaall BBRRDDSS,, CCrreeddiitt EExxppoossuurree 110077..8866

Cash, Cash Equivalents and Net Current Assets (7.86)GGrraanndd TToottaall 110000..0000


Portfolio Classification by Asset Class (%)BRDS, CD/CP 107.86Cash, Cash Equivalents and Net Current Assets (7.86)

Portfolio Classification by Rating Class (%)AAA / AAA(SO) / A1+ / A1+(SO) & Equivalent 106.18AA+ & Below 0.24BRDS 1.44Cash, Cash Equivalents and Net Current Assets (7.86)

Portfolio Classification by Asset Class (%)CD/CP 102.46Cash, Cash Equivalents and Net Current Assets (2.46)

Portfolio Classification by Rating Class (%)AAA / AAA(SO) / A1+ / A1+(SO) & Equivalent 101.95AA+ & Below 0.51Cash,Cash Equivalents and Net Current Assets (2.46)

BRDS - Bills Rediscounting (not rated); CD - Certificate of Deposit; CP - Commercial Papers








HDFC Cash Management Fund HDFC Corporate Debt Opportunities Fund

NNoottee ffoorr AAllll AAffoorreessaaiidd OOppeenn-EEnnddeedd SScchheemmeess ((aass aatt MMaarrcchh 3311,, 22001155))i) Total NPAs provided for and its percentage to NAV : Nilii) Investment in ADR/GDR/Foreign Securities :

HDFC Large Cap Fund (Investment in Foreign Securities) `̀ 7,612.95 lakhsTotal `̀ 77,,661122..9955 llaakkhhss

iii) Total outstanding exposure in derivative instruments (Gross Notional) a) Equity : Nil

b) Debt : Interest Rates Swaps / Forward Rate Agreement :HDFC High Interest Fund - Dynamic Plan (Interest Rates Swaps) `̀ 500.00 lakhs

Total `̀ 550000..0000 llaakkhhss

Treasury Advantage PlanAn open-ended income scheme An open-ended income scheme






NAV NAV per Unit (`)RReettaaiill OOppttiioonnGrowth Option 29.5109Daily Dividend Reinvestment Option 10.0315Weekly Dividend Option 10.0801Monthly Dividend Option 10.0677Direct Plan - Growth Option 29.9758Direct Plan - Daily Dividend Reinvestment Option 10.0315Direct Plan - Weekly Dividend Option 10.0852Direct Plan - Monthly Dividend Option 10.1606WWhhoolleessaallee OOppttiioonnGrowth Option 30.5507Daily Dividend Reinvestment Option 10.0315Weekly Dividend Option 10.0803Monthly Dividend Option 10.0679

NAV NAV per Unit (`)Growth Option 11.2485Dividend Option 10.3571Half-yearly Dividend Option 10.2685Direct Plan - Growth Option 11.3284Direct Plan - Half-yearly Dividend Option 10.2682

CCDD//CCPP,, CCRREEDDIITT EEXXPPOOSSUURREEHousing Development Finance Corporation Ltd. $ CRISIL - AAA 7.70ICICI Bank Ltd. CARE - A1+ 6.38Tata Capital Financial Services Ltd. CRISIL - AA+ /

ICRA - A1+, AA+ 5.15Corporation Bank CRISIL - A1+ 4.99LIC Housing Finance Ltd. CARE - AAA / CRISIL - AAA 4.02Canara Bank CRISIL - A1+ 3.80IDBI Bank Ltd. ICRA - A1+ 3.74Bank of Baroda CRISIL - A1+ 3.59UCO Bank CRISIL - A1+ 3.53ING Vysya Bank Ltd. CRISIL - A1+ 3.48 TToottaall ooff TToopp TTeenn HHoollddiinnggss 4466..3388 TToottaall CCDD//CCPP,, CCrreeddiitt EExxppoossuurree 9977..1133 Cash, Cash Equivalents and Net Current Assets 2.87 GGrraanndd TToottaall 110000..0000


Portfolio – Top 10 HoldingsIIssssuueerr RRaattiinngg %% ttoo NNAAVVCCRREEDDIITT EEXXPPOOSSUURREEPower Finance Corporation Ltd. CRISIL - AAA 9.44Sesa Sterlite Ltd. CRISIL - AA+ 3.65SKS Microfinance Ltd. CARE - A+ 3.38Adani Power Ltd. BRICKWORKS - AA-(SO) 3.38Rural Electrification Corporation Ltd. CRISIL - AAA 3.02Writers and Publishers Private Ltd. (Secured with shares of DB Corp Ltd.) BRICKWORKS - AA-(SO) 2.90Tata Sky Ltd. CRISIL - A+ 2.89Samvardhana Motherson International Ltd. (Secured with shares of Motherson Sumi Systems Ltd.) BWR - A+(SO) 2.82Aditya Birla Retail Ltd CRISIL - A- 2.65Peninsula Land Limited ICRA - A 2.46TToottaall ooff TToopp TTeenn HHoollddiinnggss 3366..5599 TToottaall CCDD//CCPP,, CCrreeddiitt EExxppoossuurree 9911..2200 Cash, Cash Equivalents and Net Current Assets 8.80 GGrraanndd TToottaall 110000..0000






$ Co-sponsor


Benefits of Systematic Investment Plan (SIP) - SIP Performance of Select Schemes - Fund Manager-wise

PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. # S&P BSE 200##S&P BSE SENSEX Inception Date: September 17, 2004

SSIIPP IInnvveessttmmeennttss SSiinnccee 1100 yyeeaarr 55 YYeeaarr 33 YYeeaarr 11 YYeeaarrIInncceeppttiioonn SSIIPP SSIIPP SSIIPP SSIIPP SSIIPP

Total Amount Invested (` ‘000) 254.00 240.00 120.00 72.00 24.00Mkt Value as on Mar 31, 15 (` ‘000) 560.75 488.43 174.29 102.51 25.55 RReettuurrnnss ((AAnnnnuuaalliisseedd)) ((%%)) 1144..2266 1133..6622 1144..9933 2244..4411 1122..2266Benchmark Returns (Annualised) (%) # 1133..1177 1122..7733 1155..3366 2222..7799 2200..0088Addl. Benchmark Ret. (Annualised) (%) ## 1122..8866 1122..2244 1144..1133 1199..9944 1122..9988

HDFC CORE & SATELLITE FUND - GROWTH OPTION

PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. # CNX 500 Index ## CNX Nifty Index Inception Date: January 01, 1995

SSIIPP IInnvveessttmmeennttss SSiinnccee 1155 yyeeaarr 1100 yyeeaarr 55 YYeeaarr 33 YYeeaarr 11 YYeeaarrIInncceeppttiioonn SSIIPP SSIIPP SSIIPP SSIIPP SSIIPP SSIIPP

Total Amount Invested (` ‘000) 486.00 360.00 240.00 120.00 72.00 24.00Mkt Value as on Mar 31, 15 (` ‘000) 10,141.35 2,882.86 623.65 194.63 109.14 26.43 RReettuurrnnss ((AAnnnnuuaalliisseedd)) ((%%)) 2255..2222 2244..6644 1188..1177 1199..4455 2299..0055 1199..4444Benchmark Returns (Annualised) (%) # 1144..4477 1166..2222 1122..5577 1155..7788 2233..6600 2200..6677Addl. Benchmark Ret. (Annualised) (%) ## 1133..5522 1155..3300 1122..4488 1144..5555 2200..6644 1155..7755

HDFC EQUITY FUND - GROWTH OPTION

PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. # S&P BSE 200##S&P BSE SENSEX Inception Date: October 11, 1996


Total Amount Invested (` ‘000) 444.00 360.00 240.00 120.00 72.00 24.00Mkt Value as on Mar 31, 15 (` ‘000) $$ 5,264.94 2,713.85 588.51 185.48 103.67 26.01 RReettuurrnnss ((AAnnnnuuaalliisseedd)) ((%%)) $$$$ 2222..9999 2233..9966 1177..0099 1177..4477 2255..2233 1155..9966Benchmark Returns (Annualised) (%) # 1155..3300 1166..3388 1122..7733 1155..3366 2222..7799 2200..0088Addl. Benchmark Ret. (Annualised) (%) ## 1144..2211 1155..6611 1122..2244 1144..1133 1199..9944 1122..9988

HDFC TOP 200 FUND - GROWTH OPTION

PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. # CNX 500 Index ##CNX Nifty Index Inception Date: March 10, 2008TThhee SScchheemmee iiss ccoo-mmaannaaggeedd bbyy PPrraasshhaanntt JJaaiinn aanndd SSrriinniivvaass RRaaoo RRaavvuurrii

SSIIPP IInnvveessttmmeennttss SSiinnccee IInncceeppttiioonn SSIIPP 55 YYeeaarr SSIIPP 33 YYeeaarr SSIIPP 11 YYeeaarr SSIIPP

Total Amount Invested (` ‘000) 170.00 120.00 72.00 24.00Mkt Value as on Mar 31, 15 (` ‘000) 293.65 185.82 113.95 27.55 RReettuurrnnss ((AAnnnnuuaalliisseedd)) ((%%)) 1155..1166 1177..5555 3322..3300 2288..7722Benchmark Returns (Annualised) (%) # 1144..5588 1155..7788 2233..6600 2200..6677Addl. Benchmark Ret. (Annualised)(%) ## 1133..7711 1144..5555 2200..6644 1155..7755

HDFC INFRASTRUCTURE FUND - GROWTH OPTION

PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. N.A. Not Available# CRISIL Balanced Fund Index ## CNX Nifty Index Inception Date: February 01, 1994


Total Amount Invested (` ‘000) 508.00 360.00 240.00 120.00 72.00 24.00Mkt Value as on Mar 31, 15 (` ‘000) $$ 8,279.94 2,416.52 624.25 194.81 107.13 26.63RReettuurrnnss ((AAnnnnuuaalliisseedd)) ((%%)) $$$$ 2222..1199 2222..6655 1188..1199 1199..4488 2277..6666 2211..0044Benchmark Returns (Annualised) (%) # NN..AA.. NN..AA.. 1111..3322 1122..9966 1177..1199 1155..3388Addl. Benchmark Ret. (Annualised) (%) ##^1133..0055 1155..3300 1122..4488 1144..5555 2200..6644 1155..7755

HDFC PRUDENCE FUND - GROWTH OPTION

PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. # CNX 500 Index##CNX Nifty Index Inception Date: March 31, 1996


Total Amount Invested (` ‘000) 456.00 360.00 240.00 120.00 72.00 24.00Mkt Value as on Mar 31, 15 (` ‘000) $$ 10,017.25 2,733.60 573.72 195.68 110.13 26.60RReettuurrnnss ((AAnnnnuuaalliisseedd)) ((%%)) $$$$ 2277..5522 2244..0044 1166..6622 1199..6677 2299..7733 2200..7799Benchmark Returns (Annualised) (%) # 1155..0055 1166..2222 1122..5577 1155..7788 2233..6600 2200..6677Addl. Benchmark Ret. (Annualised) (%) ## 1133..9988 1155..3300 1122..4488 1144..5555 2200..6644 1155..7755

HDFC TAXSAVER - GROWTH OPTION

PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. # CRISIL MIP Blended Index## CRISIL 10 year Gilt Index Inception Date: December 26, 2003TThhee SScchheemmee iiss ccoo-mmaannaaggeedd bbyy PPrraasshhaanntt JJaaiinn ((EEqquuiittiieess)) aanndd SShhoobbhhiitt MMeehhrroottrraa ((DDeebbtt))


Total Amount Invested (` ‘000) 272.00 240.00 120.00 72.00 24.00Mkt Value as on Mar 31, 15 (` ‘000) 542.65 437.67 163.03 90.06 25.85 RReettuurrnnss ((AAnnnnuuaalliisseedd)) ((%%)) 1111..6611 1111..5566 1122..2222 1155..1122 1144..6699Benchmark Returns (Annualised) (%) # 88..6644 88..7799 1100..2222 1122..0011 1144..5555Addl. Benchmark Ret. (Annualised) (%) ##^ 66..3344 66..6622 77..5599 88..7766 1155..5511

HDFC MF MIP - LONG TERM PLAN - GROWTH OPTION

PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. # CNX 500 Index ## CNX Nifty Index Inception Date: April 06, 2005


Total Amount Invested (` ‘000) 240.00 120.00 72.00 24.00Mkt Value as on Mar 31, 15 (` ‘000) 493.68 178.49 104.69 26.21RReettuurrnnss ((AAnnnnuuaalliisseedd)) ((%%)) 1133..8822 1155..9900 2255..9966 1177..6644Benchmark Returns (Annualised) (%) # 1122..5577 1155..7788 2233..6600 2200..6677Addl. Benchmark Ret. (Annualised) (%) ## 1122..4488 1144..5555 2200..6644 1155..7755

HDFC PREMIER MULTI-CAP FUND - GROWTH OPTION

PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Inception Date: July 17, 2002# S&P BSE SENSEX (Total Returns Index) ## CNX Nifty Index


Total Amount Invested (` ‘000) 306.00 240.00 120.00 72.00 24.00Mkt Value as on Mar 31, 15 (` ‘000) 816.90 439.22 173.30 97.32 25.70RReettuurrnnss ((AAnnnnuuaalliisseedd)) ((%%)) 1144..3399 1111..6633 1144..7700 2200..6644 1133..5500Benchmark Returns (Annualised) (%) # 1177..3344 1133..3377 1155..2277 2211..6666 1144..3366Addl. Benchmark Ret. (Annualised) (%) ## 1155..3399 1122..4488 1144..5555 2200..6644 1155..7755

HDFC INDEX FUND - SENSEX PLAN

PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Inception Date: July 17, 2002# CNX Nifty Index (Total Returns Index) ## S&P BSE SENSEX


Total Amount Invested (` ‘000) 306.00 240.00 120.00 72.00 24.00Mkt Value as on Mar 31, 15 (` ‘000) 804.62 440.05 174.34 98.28 26.07 RReettuurrnnss ((AAnnnnuuaalliisseedd)) ((%%)) 1144..1188 1111..6677 1144..9944 2211..3355 1166..4466Benchmark Returns (Annualised) (%) # 1166..9966 1133..7799 1155..8833 2222..0000 1166..8899Addl. Benchmark Ret. (Annualised) (%) ## 1155..6622 1122..2244 1144..1133 1199..9944 1122..9988

HDFC INDEX FUND - NIFTY PLAN

PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Inception Date: July 17, 2002# S&P BSE SENSEX (Total Returns Index) ##CNX Nifty Index


Total Amount Invested (` ‘000) 306.00 240.00 120.00 72.00 24.00Mkt Value as on Mar 31, 15 (` ‘000) 1,062.18 512.89 177.84 98.62 25.94 RReettuurrnnss ((AAnnnnuuaalliisseedd)) ((%%)) 1188..0055 1144..5533 1155..7755 2211..6600 1155..3388Benchmark Returns (Annualised) (%) # 1177..3344 1133..3377 1155..2277 2211..6666 1144..3366Addl. Benchmark Ret. (Annualised)(%) ## 1155..3399 1122..4488 1144..5555 2200..6644 1155..7755

HDFC INDEX FUND - SENSEX PLUS PLAN

The Fund offers flexible and convenient Systematic Investment Plan (SIP) facility. To illustrate the advantages of SIP investments, this is how your investments wouldhave grown if you had invested say ` 2,000 systematically on the first Business Dayof every month over a period of time.

PRASHANT JAIN

VINAY KULKARNI

PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. ## CNX Nifty Index# S&P BSE SENSEX Inception Date: February 18, 1994


Total Amount Invested (` ‘000) 166.00 120.00 72.00 24.00Mkt Value as on Mar 31, 15 (` ‘000) 265.31 168.05 95.24 25.83RReettuurrnnss ((AAnnnnuuaalliisseedd)) ((%%)) 1133..3344 1133..4455 1199..0088 1144..4499Benchmark Returns (Annualised) (%) # 1144..0000 1144..5555 2200..6644 1155..7755Addl. Benchmark Ret. (Annualised) (%) ## 1133..7722 1144..1133 1199..9944 1122..9988

HDFC LARGE CAP FUND - GROWTH OPTION

PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. # CRISIL MIP Blended Index## CRISIL 10 year Gilt Index Inception Date: December 26, 2003TThhee SScchheemmee iiss ccoo-mmaannaaggeedd bbyy VViinnaayy KKuullkkaarrnnii ((EEqquuiittiieess)) aanndd SShhoobbhhiitt MMeehhrroottrraa ((DDeebbtt))

SSIIPP IInnvveessttmmeennttss SSiinnccee 1100 yyeeaarr 55 YYeeaarr 33 YYeeaarr 11 YYeeaarrIInncceeppttiioonn SSIIPP SSIIPP SSIIPP SSIIPP SSII

Total Amount Invested (` ‘000) 272.00 240.00 120.00 72.00 24.00Mkt Value as on Mar 31, 15 (` ‘000) 453.20 378.13 155.02 86.13 25.32 RReettuurrnnss ((AAnnnnuuaalliisseedd)) ((%%)) 88..6666 88..8800 1100..1199 1122..0022 1100..4422Benchmark Returns (Annualised) (%) # 88..6644 88..7799 1100..2222 1122..0011 1144..5555Addl. Benchmark Ret. (Annualised)(%) ##^ 66..3344 66..6622 77..5599 88..7766 1155..5511

HDFC MF MIP - SHORT TERM PLAN - GROWTH OPTION


Benefits of Systematic Investment Plan (SIP) - SIP Performance of Select Schemes - Fund Manager-wise

PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. #CRISIL MIP Blended Index## CRISIL 1 year T-Bill Index Inception Date: September 17, 2004TThhee SScchheemmee iiss ccoo-mmaannaaggeedd bbyy VViinnaayy KKuullkkaarrnnii ((EEqquuiittiieess)) aanndd AAnniill BBaammbboollii ((DDeebbtt))


Total Amount Invested (` ‘000) 254.00 240.00 120.00 72.00 24.00Mkt Value as on Mar 31, 15 (` ‘000) 433.59 398.26 153.84 84.31 24.79RReettuurrnnss ((AAnnnnuuaalliisseedd)) ((%%)) 99..7733 99..7788 99..8888 1100..5555 66..2222Benchmark Returns (Annualised) (%) # 88..7755 88..7799 1100..2222 1122..0011 1144..5555Addl. Benchmark Ret. (Annualised)(%) ##^ 66..3366 66..4422 77..4466 77..8833 99..0022

HDFC MULTIPLE YIELD FUND - GROWTH OPTION

PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. #CRISIL MIP Blended Index## CRISIL 1 year T-Bill Index Inception Date: August 17, 2005TThhee SScchheemmee iiss ccoo-mmaannaaggeedd bbyy CChhiirraagg SSeettaallvvaadd ((EEqquuiittiieess)) aanndd AAnniill BBaammbboollii ((DDeebbtt))


Total Amount Invested (` ‘000) 232.00 120.00 72.00 24.00Mkt Value as on Mar 31, 15 (` ‘000) 396.58 160.38 87.78 25.37 RReettuurrnnss ((AAnnnnuuaalliisseedd)) ((%%)) 1100..7722 1111..5566 1133..3344 1100..8822Benchmark Returns (Annualised) (%) # 88..8811 1100..2222 1122..0011 1144..5555Addl. Benchmark Ret. (Annualised)(%) ##^ 66..4466 77..4466 77..8833 99..0022

HDFC MULTIPLE YIELD FUND - PLAN 2005 - GROWTH OPTION

PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. # CNX Smallcap Index ## CNX Nifty Index Inception Date: April 3, 2008



HDFC SMALL AND MID CAP FUND - GROWTH OPTION

PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. # S&P BSE SENSEX## CNX Nifty Index Inception Date: January 02, 2001


Total Amount Invested (` ‘000) 342.00 240.00 120.00 72.00 24.00Mkt Value as on Mar 31, 15 (` ‘000) 2,163.62 546.06 193.42 106.34 26.29 RReettuurrnnss ((AAnnnnuuaalliisseedd)) ((%%)) 2233..2266 1155..7700 1199..1199 2277..1111 1188..2299Benchmark Returns (Annualised) (%) # 1155..9988 1122..2244 1144..1133 1199..9944 1122..9988Addl. Benchmark Ret. (Annualised)(%) ## 1155..6655 1122..4488 1144..5555 2200..6644 1155..7755

HDFC LONG TERM ADVANTAGE FUND - GROWTH OPTION

PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. # CNX 500 Index ## CNX Nifty Index Inception Date: February 01, 1994TThhee SScchheemmee iiss ccoo-mmaannaaggeedd bbyy CChhiirraagg SSeettaallvvaadd && MMiitteenn LLaatthhiiaa


Total Amount Invested (` ‘000) 508.00 360.00 240.00 120.00 72.00 24.00Mkt Value as on Mar 31, 15 (` ‘000) 5,870.68 2,422.78 600.54 202.25 111.69 27.28 RReettuurrnnss ((AAnnnnuuaalliisseedd)) ((%%)) 1199..6644 2222..6688 1177..4477 2211..0033 3300..7788 2266..4422Benchmark Returns (Annualised) (%) # 1133..8899 1166..2222 1122..5577 1155..7788 2233..6600 2200..6677Addl. Benchmark Ret.(Annualised) (%) ## 1133..0055 1155..3300 1122..4488 1144..5555 2200..6644 1155..7755

HDFC CAPITAL BUILDER FUND - GROWTH OPTION

PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. N.A. Not Available # CRISIL Balanced Fund Index ## CNX Nifty Index Inception Date: September 11, 2000


Total Amount Invested (` ‘000) 350.00 240.00 120.00 72.00 24.00Mkt Value as on Mar 31, 15 (` ‘000) 1,654.04 637.16 206.62 110.99 27.60 RReettuurrnnss ((AAnnnnuuaalliisseedd)) ((%%)) 1199..2266 1188..5577 2211..9911 3300..3311 2299..1100Benchmark Returns (Annualised) (%) # NN..AA.. 1111..3322 1122..9966 1177..1199 1155..3388Addl. Benchmark Ret. (Annualised)(%) ##^ 1155..5522 1122..4488 1144..5555 2200..6644 1155..7755

HDFC BALANCED FUND - GROWTH OPTION

PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. N.A. Not Available# CRISIL Balanced Fund Index ## CNX Nifty Index Inception Date: March 02, 2001


Total Amount Invested (` ‘000) 338.00 240.00 120.00 72.00 24.00Mkt Value as on Mar 31, 15 (` ‘000) $ 1,445.02 628.09 206.20 108.17 27.16 RReettuurrnnss ((AAnnnnuuaalliisseedd)) ((%%)) $$ 1188..7788 1188..3300 2211..8833 2288..3388 2255..4433Benchmark Returns (Annualised) (%) # NN..AA.. 1111..3322 1122..9966 1177..1199 1155..3388Addl. Benchmark Ret. (Annualised)(%) ##^ 1155..7722

HDFC CHILDREN’S GIFT FUND - INVESTMENT PLAN

PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. # CRISIL MIP Blended Index## CRISIL 10 year Gilt Index N.A. Not Available Inception Date: March 02, 2001


Total Amount Invested (` ‘000) 338.00 240.00 120.00 72.00 24.00Mkt Value as on Mar 31, 15 (` ‘000) $ 790.33 438.16 166.78 91.03 26.20RReettuurrnnss ((AAnnnnuuaalliisseedd)) ((%%)) $$ 1111..2288 1111..5588 1133..1144 1155..8888 1177..4499Benchmark Returns (Annualised) (%) # NN..AA.. 88..7799 1100..2222 1122..0011 1144..5555Addl. Benchmark Ret. (Annualised)(%) ##^ NN..AA.. 66..6622 77..5599 88..7766 1155..5511

HDFC CHILDREN’S GIFT FUND - SAVINGS PLAN

PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. # CNX Midcap Index ## CNX Nifty Index Inception Date: June 25, 2007



HDFC MID-CAP OPPORTUNITIES FUND - GROWTH OPTION

PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. # S&P BSE SENSEX ## CNX Nifty Index Inception Date: September 11, 2000


Total Amount Invested (` ‘000) 350.00 240.00 120.00 72.00 24.00Mkt Value as on Mar 31, 15 (` ‘000) 1,950.90 527.27 174.23 98.51 25.99 RReettuurrnnss ((AAnnnnuuaalliisseedd)) ((%%)) 2211..2200 1155..0055 1144..9922 2211..5522 1155..8844Benchmark Returns (Annualised) (%) # 1155..8855 1122..2244 1144..1133 1199..9944 1122..9988Addl. Benchmark Ret. (Annualised) (%) ## 1155..5522 1122..4488 1144..5555 2200..6644 1155..7755

HDFC GROWTH FUND - GROWTH OPTION

PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. # CNX 500 Index ## CNX Nifty Index Inception Date: March 10, 2008TThhee SScchheemmee iiss ccoo-mmaannaaggeedd bbyy PPrraasshhaanntt JJaaiinn aanndd SSrriinniivvaass RRaaoo RRaavvuurrii



HDFC INFRASTRUCTURE FUND - GROWTH OPTION

$ Adjusted for Bonus units declared under the Scheme. ^ Scheme performance may not strictly be comparable with that of its Additional Benchmark in view of hybrid nature of the scheme$$ 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).CAGR returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of return). Load is not taken into consideration for computation of performance.IInnvveessttoorrss aarree aaddvviisseedd ttoo rreeffeerr ttoo tthhee ppeerrffoorrmmaannccee ssuummmmaarryy ttaabbllee oonn ppaaggee 3377-9966 DDiissccllaaiimmeerr:: 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.PPlleeaassee rreeffeerr SSIIPP EEnnrroollmmeenntt FFoorrmm oorr ccoonnttaacctt nneeaarreesstt IISSCC ffoorr SSIIPP LLooaadd SSttrruuccttuurree aanndd ootthheerr ddeettaaiillss..

CHIRAG SETALVAD

PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. # CNX 500 Index ## CNX Nifty Index Inception Date: February 01, 1994TThhee SScchheemmee iiss ccoo-mmaannaaggeedd bbyy CChhiirraagg SSeettaallvvaadd && MMiitteenn LLaatthhiiaa


Total Amount Invested (` ‘000) 508.00 360.00 240.00 120.00 72.00 24.00Mkt Value as on Mar 31, 15 (` ‘000) 5,870.68 2,422.78 600.54 202.25 111.69 27.28 RReettuurrnnss ((AAnnnnuuaalliisseedd)) ((%%)) 1199..6644 2222..6688 1177..4477 2211..0033 3300..7788 2266..4422Benchmark Returns (Annualised) (%) # 1133..8899 1166..2222 1122..5577 1155..7788 2233..6600 2200..6677Addl. Benchmark Ret.(Annualised) (%) ## 1133..0055 1155..3300 1122..4488 1144..5555 2200..6644 1155..7755

HDFC CAPITAL BUILDER FUND - GROWTH OPTION

MITEN LATHIA

SRINIVAS RAO RAVURI


SCHEME PERFORMANCE - GROWTH OPTION (FUND MANAGER-WISE)

Date Period NAV Scheme Benchmark Additional Value of investment of ` 10,000@ per Unit Returns Returns Benchmark Scheme Benchmark Additional

(`) (%)^ (%)# Returns (`) #(`) Benchmark##(%) (`) ##

^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # CNX 500 Index ## CNX Nifty Index

A. Cumulative performance

Mar 31, 14 Last 1 Year 331.986 41.49 33.56 26.65 14,149 13,356 12,665Mar 28, 13 Last 2 Years 271.109 31.48 25.27 22.14 17,326 15,722 14,942Mar 30, 12 Last 3 Years 261.673 21.51 18.22 17.03 17,951 16,529 16,034Jan 01, 95 Since Inception 10.000 20.93 10.07 N.A. 469,724 69,781 N.A.

Period Scheme Benchmark Additional ^ # Benchmark

##

B. Discrete 12 month returns (%)

Mar 31, 14 to Mar 31, 15 41.49 33.56 26.65

Mar 28, 13 to Mar 31, 14 22.25 17.56 17.82

Mar 30, 12 to Mar 28, 13 3.61 5.13 7.31

HDFC EQUITY FUND NAV as at March 31, 2015 ` 469.724


(`) (%)^$$ (%)# Returns (`) $$ #(`) Benchmark(%)## (`) ##

^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. 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).


Mar 31, 14 Last 1 Year 253.626 35.11 31.93 24.89 13,511 13,193 12,489Mar 28, 13 Last 2 Years 210.485 27.47 24.23 21.73 16,280 15,462 14,843Mar 30, 12 Last 3 Years 201.382 19.37 17.89 17.10 17,016 16,394 16,064Oct 11, 96 Since Inception 10.000 22.38 14.01 12.52 417,830 112,823 88,459

Period Scheme Benchmark Additional ^$$ # Benchmark

##


Mar 31, 14 to Mar 31, 15 35.11 31.93 24.89

Mar 28, 13 to Mar 31, 14 20.31 17.04 18.68

Mar 30, 12 to Mar 28, 13 4.52 6.03 8.23

HDFC TOP 200 FUND NAV as at March 31, 2015 ` 342.678

PRASHANT JAIN


(`) (%)^ (%)# Returns (`) #(`) Benchmark(%)## (`) ##

^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # CNX 500 Index ## CNX Nifty Index The Scheme is co-mmanaged by Prashant Jain and Srinivas Rao Ravuri.


Mar 31, 14 Last 1 Year 10.530 58.70 33.56 26.65 15,870 13,356 12,665Mar 28, 13 Last 2 Years 9.486 32.57 25.27 22.14 17,616 15,722 14,942Mar 30, 12 Last 3 Years 10.375 17.20 18.22 17.03 16,107 16,529 16,034Mar 10, 08 Since Inception 10.000 7.54 8.48 8.41 16,711 17,766 17,688


##


Mar 31, 14 to Mar 31, 15 58.70 33.56 26.65

Mar 28, 13 to Mar 31, 14 10.91 17.56 17.82

Mar 30, 12 to Mar 28, 13 -8.57 5.13 7.31

HDFC INFRASTRUCTURE FUND NAV as at March 31, 2015 ` 16.711


(`) (%)^$$ (%)# Returns (`) $$ #(`) Benchmark(%)## (`) ##

^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Balanced Fund Index ## CNX Nifty 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).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


Mar 31, 14 Last 1 Year 265.172 41.84 22.53 26.65 14,184 12,253 12,665Mar 28, 13 Last 2 Years 222.466 29.89 17.80 22.14 16,907 13,895 14,942Mar 30, 12 Last 3 Years 215.389 20.40 14.54 17.03 17,462 15,032 16,034Feb 01, 94 Since Inception 10.000 20.13 N.A. 9.55 486,125 N.A. 69,036


##


Mar 31, 14 to Mar 31, 15 41.84 22.53 26.65

Mar 28, 13 to Mar 31, 14 19.03 13.29 17.82

Mar 30, 12 to Mar 28, 13 3.29 8.18 7.31

HDFC PRUDENCE FUND NAV as at March 31, 2015 ` 376.120

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. N.A.: Not Available@ shows the current value of ` 10,000/- invested at the beginning of a given period


VINAY KULKARNI


(`) (%)^ (%)# Returns (`) (`)# Benchmark(%)## (`) ##



Mar 31, 14 Last 1 Year 30.547 40.72 33.56 26.65 14,072 13,356 12,665Mar 28, 13 Last 2 Years 25.908 28.68 25.27 22.14 16,592 15,722 14,942Mar 30, 12 Last 3 Years 27.683 15.78 18.22 17.03 15,528 16,529 16,034Apr 06, 05 Since Inception 10.000 15.72 14.48 15.18 42,986 38,617 41,033


##


Mar 31, 14 to Mar 31, 15 40.72 33.56 26.65

Mar 28, 13 to Mar 31, 14 17.75 17.56 17.82

Mar 30, 12 to Mar 28, 13 -6.41 5.13 7.31

HDFC PREMIER MULTI-CCAP FUND NAV as at March 31, 2015 ` 42.986



^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # S&P BSE 200 ## S&P BSE SENSEX


Mar 31, 14 Last 1 Year 41.519 38.46 31.93 24.89 13,846 13,193 12,489Mar 28, 13 Last 2 Years 34.998 28.03 24.23 21.73 16,426 15,462 14,843Mar 30, 12 Last 3 Years 36.900 15.91 17.89 17.10 15,579 16,394 16,064Sep 17, 04 Since Inception 10.000 18.05 16.23 16.56 57,488 48,809 50,273


##


Mar 31, 14 to Mar 31, 15 38.46 31.93 24.89

Mar 28, 13 to Mar 31, 14 18.47 17.04 18.68

Mar 30, 12 to Mar 28, 13 -5.15 6.03 8.23

HDFC CORE & SATELLITE FUND NAV as at March 31, 2015 ` 57.488




^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. 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.

The Scheme is co-mmanaged by Prashant Jain (Equities) and Shobhit Mehrotra (Debt).


Mar 31, 14 Last 1 Year 28.4688 21.49 16.45 14.57 12,149 11,645 11,457Mar 28, 13 Last 2 Years 26.2219 14.78 11.32 6.49 13,190 12,404 11,347Mar 30, 12 Last 3 Years 24.2627 12.53 10.59 8.07 14,255 13,528 12,624Dec 26, 03 Since Inception 10.0000 11.64 7.84 5.03 34,586 23,420 17,385


##


Mar 31, 14 to Mar 31, 15 21.49 16.45 14.57

Mar 28, 13 to Mar 31, 14 8.50 6.46 -0.95

Mar 30, 12 to Mar 28, 13 8.07 9.06 11.25

HDFC MF MIP LONG TERM PLAN NAV as at March 31, 2015 ` 34.5855

PRASHANT JAIN...CONTINUED




(`) (%)^$$ (%)# Returns (`)$$ (`)# Benchmark(%)## (`)##

^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # CNX Nifty Index ## S&P BSE SENSEX $$ Performance of the fund has been calculated based on the assumption that all dividends during the period have been reinvested in the scheme at the then prevailing NAV.


Mar 31, 14 Last 1 Year 73.413 23.06 26.65 24.89 12,306 12,665 12,489Mar 28, 13 Last 2 Years 63.178 19.49 22.14 21.73 14,300 14,942 14,843Mar 30, 12 Last 3 Years 56.286 17.07 17.03 17.10 16,051 16,034 16,064Feb 18, 94 Since Inception 10.000 11.62 9.57 9.75 101,908 68,912 71,410


##


Mar 31, 14 to Mar 31, 15 23.06 26.65 24.89Mar 28, 13 to Mar 31, 14 16.06 17.82 18.68Mar 30, 12 to Mar 28, 13 12.24 7.31 8.23

HDFC LARGE CAP FUND NAV as at March 31, 2015 ` 90.344


(`) (%)^ (%)# Returns (`) (`)# Benchmark(%)## (`)##

^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. 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 areactively managed. The Scheme is co-mmanaged by Vinay Kulkarni (Equities) and Anil Bamboli (Debt).


Mar 31, 14 Last 1 Year 10.8131 11.00 16.45 8.74 11,100 11,645 10,874Sep 06, 13 Since Inception 10.0000 12.38 15.13 8.69 12,003 12,466 11,393

HDFC CAPITAL PROTECTION ORIENTED FUND - SERIES I - 36M - AUGUST 2013 NAV as at March 31, 2015 ` 12.0028


##


Mar 31, 14 to Mar 31, 15 11.00 16.45 8.74


(`) (%)^$$ (%)# Returns (`) $$ (`)# Benchmark(%)## (`) ##

^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # CNX 500 Index ## CNX Nifty 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).


Mar 31, 14 Last 1 Year 276.794 43.85 33.56 26.65 14,385 13,356 12,665Mar 28, 13 Last 2 Years 225.330 32.77 25.27 22.14 17,670 15,722 14,942Mar 30, 12 Last 3 Years 222.996 21.30 18.22 17.03 17,855 16,529 16,034Mar 31, 96 Since Inception 10.000 27.44 12.86 N.A. 1,004,396 99,669 N.A.


##


Mar 31, 14 to Mar 31, 15 43.85 33.56 26.65

Mar 28, 13 to Mar 31, 14 22.63 17.56 17.82

Mar 30, 12 to Mar 28, 13 1.05 5.13 7.31

HDFC TAXSAVER NAV as at March 31, 2015 ` 398.162



VINAY KULKARNI...CONTINUED



^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # CNX Nifty Index (Total Returns Index) ## S&P BSE SENSEXSince inception returns are calculated on ` 10.3260 ( allotment price)


Mar 31, 14 Last 1 Year 58.2343 27.64 28.17 24.89 12,764 12,817 12,489Mar 28, 13 Last 2 Years 49.0008 23.06 23.64 21.73 15,169 15,313 14,843Mar 30, 12 Last 3 Years 45.4883 17.77 18.50 17.10 16,341 16,649 16,064Jul 17, 02 Since Inception 10.3260 16.80 19.76 18.54 71,984 98,923 86,931


##


Mar 31, 14 to Mar 31, 15 27.64 28.17 24.89

Mar 28, 13 to Mar 31, 14 18.68 19.30 18.68

Mar 30, 12 to Mar 28, 13 7.72 8.72 8.23

HDFC INDEX FUND - NIFTY PLAN NAV as at March 31, 2015 ` 74.3311



^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # S&P BSE SENSEX (Total Returns Index) ## CNX Nifty IndexSince inception returns are calculated on ` 32.1610 ( allotment price)




##


Mar 31, 14 to Mar 31, 15 30.76 26.81 26.65

Mar 28, 13 to Mar 31, 14 15.74 20.54 17.82

Mar 30, 12 to Mar 28, 13 9.03 10.13 7.31

HDFC INDEX FUND - SENSEX PLUS PLAN NAV as at March 31, 2015 ` 363.7978




^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # S&P BSE SENSEX (Total Returns Index) ## CNX Nifty IndexSince inception returns are calculated on ` 32.1610 ( allotment price)




##


Mar 31, 14 to Mar 31, 15 25.63 26.81 26.65

Mar 28, 13 to Mar 31, 14 19.86 20.54 17.82

Mar 30, 12 to Mar 28, 13 8.87 10.13 7.31

HDFC INDEX FUND - SENSEX PLAN NAV as at March 31, 2015 ` 237.2049



^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. 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. The Scheme is co-mmanaged by Vinay Kulkarni (Equities) and Shobhit Mehrotra (Debt).




##


Mar 31, 14 to Mar 31, 15 16.13 16.45 14.57

Mar 28, 13 to Mar 31, 14 8.05 6.46 -0.95

Mar 30, 12 to Mar 28, 13 7.34 9.06 11.25

HDFC MF MIP SHORT TERM PLAN NAV as at March 31, 2015 ` 24.5546





^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. 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. The Scheme is co-mmanaged by Vinay Kulkarni (Equities) and Anil Bamboli (Debt).




##


Mar 31, 14 to Mar 31, 15 12.06 16.45 8.74

Mar 28, 13 to Mar 31, 14 11.02 6.46 5.79

Mar 30, 12 to Mar 28, 13 5.71 9.06 8.33

HDFC MULTIPLE YIELD FUND NAV as at March 31, 2015 ` 25.9103





^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. 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 activelymanaged. The Scheme is co-mmanaged by Vinay Kulkarni (Equities) and Anil Bamboli (Debt).


Mar 31, 14 Last 1 Year 10.5196 11.09 16.45 8.74 11,109 11,645 10,874Oct 08, 13 Since Inception 10.0000 11.13 14.40 8.33 11,686 12,198 11,255

HDFC CPO - I - 36M SEPTEMBER 2013 NAV as at March 31, 2015 ` 11.6862


##


Mar 31, 14 to Mar 31, 15 11.09 16.45 8.74





Mar 31, 14 Last 1 Year 10.4156 11.36 16.45 8.74 11,136 11,645 10,874Nov 08, 13 Since Inception 10.0000 11.24 15.34 8.52 11,599 12,197 11,205

HDFC CPO - I - 36M OCTOBER 2013 NAV as at March 31, 2015 ` 11.5985


##


Mar 31, 14 to Mar 31, 15 11.36 16.45 8.74





Mar 31, 14 Last 1 Year 10.2854 11.42 16.45 8.74 11,142 11,645 10,874Jan 29, 14 Since Inception 10.0000 12.39 16.70 8.80 11,460 11,975 11,035

HDFC CPO - II - 36M JANUARY 2014 NAV as at March 31, 2015 ` 11.4600


##


Mar 31, 14 to Mar 31, 15 11.42 16.45 8.74





Mar 31, 14 Last 1 Year 10.1361 10.70 16.45 8.74 11,070 11,645 10,874Mar 06, 14 Since Inception 10.0000 11.38 17.18 8.95 11,221 11,846 10,959

HDFC CPO - II - 36M FEBRUARY 2014 NAV as at March 31, 2015 ` 11.2206


##


Mar 31, 14 to Mar 31, 15 10.70 16.45 8.74






^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # CNX Midcap Index ## CNX Nifty Index


Mar 31, 14 Last 1 Year 22.495 63.36 50.96 26.65 16,336 15,096 12,665Mar 28, 13 Last 2 Years 17.235 45.79 32.38 22.14 21,322 17,565 14,942Mar 30, 12 Last 3 Years 16.379 30.88 19.00 17.03 22,436 16,860 16,034Jun 25, 07 Since Inception 10.000 18.24 10.88 9.29 36,748 22,312 19,935


##


Mar 31, 14 to Mar 31, 15 63.36 50.96 26.65

Mar 28, 13 to Mar 31, 14 30.24 16.22 17.82

Mar 30, 12 to Mar 28, 13 5.23 -4.02 7.31

HDFC MID-CCAP OPPORTUNITIES FUND NAV as at March 31, 2015 ` 36.748

CHIRAG SETALVAD



^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree. Returns greater than 1 year period are compounded annualized (CAGR). # CNX 500 Index ## CNX Nifty IndexThe Scheme is co-mmanaged by Chirag Setalvad & Miten Lathia




##



HDFC CAPITAL BUILDER FUND NAV as at March 31, 2015 ` 199.457

MITEN LATHIA







##


Mar 31, 14 to Mar 31, 15 43.20 33.56 26.65

Mar 28, 13 to Mar 31, 14 23.22 17.56 17.82

Mar 30, 12 to Mar 28, 13 6.90 5.13 7.31




^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Balanced Fund Index ## CNX Nifty 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. The Scheme is co-mmanaged by Miten Lathia & Anil Bamboli




##



HDFC DYNAMIC PE RATIO FUND OF FUNDS NAV as at March 31, 2015 ` 13.8141



CHIRAG SETALVAD...CONTINUED




^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). #S&P BSE SENSEX ## CNX Nifty Index


Mar 31, 14 Last 1 Year 177.773 34.36 24.89 26.65 13,436 12,489 12,665Mar 28, 13 Last 2 Years 143.308 28.97 21.73 22.14 16,667 14,843 14,942Mar 30, 12 Last 3 Years 133.807 21.29 17.10 17.03 17,851 16,064 16,034Jan 02, 01 Since Inception 10.000 24.94 14.58 14.25 238,857 69,565 66,764


##


Mar 31, 14 To Mar 31, 15 34.36 24.89 26.65

Mar 28, 13 To Mar 31, 14 23.83 18.68 17.82

Mar 30, 12 To Mar 28, 13 7.10 8.23 7.31

HDFC LONG TERM ADVANTAGE FUND NAV as at March 31, 2015 ` 238.857


(`) (%)^$ (%)# Returns (`) $ (`)# Benchmark(%)## (`) ##

^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Balanced Fund Index ## CNX Nifty Index$ Adjusted for bonus units declared under the schemeScheme 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


Mar 31, 14 Last 1 Year 60.842 37.36 22.53 26.65 13,736 12,253 12,665Mar 28, 13 Last 2 Years 48.260 31.45 17.80 22.14 17,318 13,895 14,942Mar 30, 12 Last 3 Years 45.249 22.67 14.54 17.03 18,470 15,032 16,034Mar 02, 01 Since Inception 10.000 18.45 N.A. 14.21 108,648 N.A. 64,998

Period Scheme Benchmark Additional ^$ # Benchmark

##


Mar 31, 14 to Mar 31, 15 37.36 22.53 26.65

Mar 28, 13 to Mar 31, 14 25.83 13.29 17.82

Mar 30, 12 to Mar 28, 13 6.65 8.18 7.31

HDFC CHILDREN’S GIFT FUND - INVESTMENT PLAN NAV as at March 31, 2015 ` 83.575


(`) (%)^$ (%)# Returns (`) $ (`)# Benchmark(%)## (`) ##

^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL MIP Blended Index ## CRISIL 10 year Gilt Index$ Adjusted for bonus units declared under the schemeScheme 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.


Mar 31, 14 Last 1 Year 28.8000 23.31 16.45 14.57 12,331 11,645 11,457Mar 28, 13 Last 2 Years 26.4045 15.90 11.32 6.49 13,450 12,404 11,347Mar 30, 12 Last 3 Years 24.6770 12.89 10.59 8.07 14,391 13,528 12,624Mar 02, 01 Since Inception 10.0000 11.47 N.A. N.A. 46,168 N.A. N.A.

Period Scheme Benchmark Additional ^$ # Benchmark

##


Mar 31, 14 to Mar 31, 15 23.31 16.45 14.57

Mar 28, 13 to Mar 31, 14 9.00 6.46 -0.95

Mar 30, 12 to Mar 28, 13 7.00 9.06 11.25

HDFC CHILDREN’S GIFT FUND - SAVINGS PLAN NAV as at March 31, 2015 ` 35.5137



^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Balanced Fund Index ## CNX Nifty 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


Mar 31, 14 Last 1 Year 74.107 45.00 22.53 26.65 14,500 12,253 12,665Mar 28, 13 Last 2 Years 60.643 32.96 17.80 22.14 17,719 13,895 14,942Mar 30, 12 Last 3 Years 58.447 22.48 14.54 17.03 18,385 15,032 16,034Sep 11, 00 Since Inception 10.000 17.71 N.A. 12.87 107,455 N.A. 58,303


##


Mar 31, 14 to Mar 31, 15 45.00 22.53 26.65

Mar 28, 13 to Mar 31, 14 22.00 13.29 17.82

Mar 30, 12 to Mar 28, 13 3.76 8.18 7.31

HDFC BALANCED FUND NAV as at March 31, 2015 ` 107.455



^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # CNX Smallcap Index ## CNX Nifty Index




##


Mar 31, 14 to Mar 31, 15 40.92 52.27 26.65

Mar 28, 13 to Mar 31, 14 22.55 17.69 17.82

Mar 30, 12 to Mar 28, 13 8.16 -7.45 7.31

HDFC SMALL AND MID CAP FUND NAV as at March 31, 2015 ` 25.482





(`) (%)^ (%)# Returns (`) (`) # Benchmark(%)## (`) ##

^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # CNX 500 Index ## CNX Nifty IndexThe Scheme is co-mmanaged by Prashant Jain and Srinivas Rao Ravuri.




##


Mar 31, 14 to Mar 31, 15 58.70 33.56 26.65

Mar 28, 13 to Mar 31, 14 10.91 17.56 17.82

Mar 30, 12 to Mar 28, 13 -8.57 5.13 7.31


SRINIVAS RAO RAVURI



^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # S&P BSE SENSEX ## CNX Nifty Index




##


Mar 31, 14 to Mar 31, 15 34.56 24.89 26.65

Mar 28, 13 to Mar 31, 14 11.79 18.68 17.82

Mar 30, 12 to Mar 28, 13 2.59 8.23 7.31

HDFC GROWTH FUND NAV as at March 31, 2015 ` 131.977



^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

Mar 31, 14 Last 1 Year 11.884 29.28 28.32 24.89 12,928 12,832 12,489Mar 28, 13 Last 2 Years 10.046 23.56 23.00 21.73 15,294 15,156 14,843Mar 22, 13 Since Inception 10.000 23.63 23.19 21.86 15,364 15,255 14,922


##


Mar 31, 14 to Mar 31, 15 29.28 28.32 24.89Mar 28, 13 to Mar 31, 14 18.13 17.95 18.68

HDFC RAJIV GANDHI EQUITY SAVINGS SCHEME - SERIES I - FEBRUARY 2013NAV as at March 31, 2015 ` 15.364A. Cumulative performance






##


Mar 31, 14 To Mar 31, 15 31.00 28.32 24.89

HDFC RAJIV GANDHI EQUITY SAVINGS SCHEME - SERIES IINAV as at March 31, 2015 ` 13.937A. Cumulative performance



^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. 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. The Scheme is co-mmanaged by Chirag Setalvad (Equities) and Anil Bamboli (Debt).


Mar 31, 14 Last 1 Year 21.1169 16.85 16.45 8.74 11,685 11,645 10,874Mar 28, 13 Last 2 Years 18.9437 14.07 11.32 7.25 13,025 12,404 11,509Mar 30, 12 Last 3 Years 17.7814 11.53 10.59 7.62 13,877 13,528 12,468Aug 17, 05 Since Inception 10.0000 9.84 8.37 5.97 24,675 21,686 17,480


##


Mar 31, 14 to Mar 31, 15 16.85 16.45 8.74

Mar 28, 13 to Mar 31, 14 11.37 6.46 5.79

Mar 30, 12 to Mar 28, 13 6.54 9.06 8.33

HDFC MULTIPLE YIELD FUND - PLAN 2005 NAV as at March 31, 2015 ` 24.6749




^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Liquid Fund Index ## CRISIL 1 year T-Bill IndexSince inception returns are calculated on ` 13.1821 ( allotment price)




##



HDFC FLOATING RATE INCOME FUND - STP - WHOLESALE OPTION NAV as at March 31, 2015 ` 23.9573





^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Composite Bond Fund Index ## CRISIL 10 year Gilt Index


Mar 31, 14 Last 1 Year 27.5079 16.47 14.59 14.57 11,647 11,459 11,457Mar 28, 13 Last 2 Years 26.9711 8.95 9.33 6.49 11,879 11,962 11,347Mar 30, 12 Last 3 Years 24.2997 9.65 9.32 8.07 13,185 13,067 12,624Sep 11, 00 Since Inception 10.0000 8.33 N.A. N.A. 32,039 N.A. N.A.


##


Mar 31, 14 to Mar 31, 15 16.47 14.59 14.57Mar 28, 13 to Mar 31, 14 1.97 4.36 -0.95Mar 30, 12 to Mar 28, 13 10.99 9.24 11.25

HDFC INCOME FUND NAV as at March 31, 2015 ` 32.0389



^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 HIGH INTEREST FUND - STP NAV as at March 31, 2015 ` 27.5985








##




SHOBHIT MEHROTRA




The Scheme is co-mmanaged by Vinay Kulkarni (Equities) and Shobhit Mehrotra (Debt).




##


Mar 31, 14 to Mar 31, 15 16.13 16.45 14.57

Mar 28, 13 to Mar 31, 14 8.05 6.46 -0.95

Mar 30, 12 to Mar 28, 13 7.34 9.06 11.25



SHOBHIT MEHROTRA...CONTINUED





^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Composite Bond Fund Index. ## CRISIL 10 year Gilt Index



HDFC MEDIUM TERM OPPORTUNITIES FUND NAV as at March 31, 2015 ` 15.1930


##





^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Liquid Fund Index ## CRISIL 1 year T-Bill Index


Mar 24, 15 Last 7 days 27.5246 0.19 0.26 0.33 10,019 10,026 10,033Mar 16, 15 Last 15 days 27.4740 0.37 0.43 0.60 10,037 10,043 10,060Feb 27, 15 Last 1 Month 27.3657 0.77 0.83 0.98 10,077 10,083 10,098Mar 31, 14 Last 1 Year 25.3099 8.95 8.98 8.74 10,895 10,898 10,874Mar 28, 13 Last 2 Years 23.1077 9.20 9.22 7.25 11,934 11,938 11,509Mar 30, 12 Last 3 Years 21.1713 9.20 8.89 7.62 13,025 12,913 12,468Oct 17, 00 Since Inception 10.0000 7.27 N.A. 6.24 27,576 N.A. 24,009


##


Mar 31, 14 to Mar 31, 15 8.95 8.98 8.74

Mar 28, 13 to Mar 31, 14 9.45 9.46 5.79

Mar 30, 12 to Mar 28, 13 9.15 8.17 8.33

HDFC LIQUID FUND NAV as at March 31, 2015 ` 27.5763



^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Liquid Fund Index ## CRISIL 1 year T-Bill IndexSince inception returns are calculated on ` 10.0104 ( allotment price)


Mar 31, 14 Last 1 Year 22.3151 9.13 8.98 8.74 10,913 10,898 10,874Mar 28, 13 Last 2 Years 20.4547 9.07 9.22 7.25 11,905 11,938 11,509Mar 30, 12 Last 3 Years 18.5917 9.40 8.89 7.62 13,098 12,913 12,468Jan 16, 03 Since Inception 10.0104 7.55 6.71 5.71 24,326 22,090 19,693


##



HDFC FLOATING RATE INCOME FUND - LTP NAV as at March 31, 2015 ` 24.3516



^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Short Term 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.



HDFC FMP 370D SEPTEMBER 2013 (4) NAV as at March 31, 2015 ` 11.6298


##


Mar 31, 14 to Mar 31, 15 10.29 10.33 8.74



^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Short Term Bond Fund Index. ## CRISIL 10 year Gilt Index



HDFC CORPORATE DEBT OPPORTUNITIES FUND NAV as at March 31, 2015 ` 11.2485


##


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










HDFC FMP 370D OCTOBER 2013 (1) NAV as at March 31, 2015 ` 11.5039


##


Mar 31, 14 to Mar 31, 15 10.00 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.55 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.53 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.51 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.04 10.33 8.74










HDFC FMP 371D NOVEMBER 2013 (1) NAV as at March 31, 2015 ` 11.2626


##


Mar 31, 14 to Mar 31, 15 8.84 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.05 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 8.82 10.33 8.74





Mar 31, 14 Last 1 Year 10.2882 9.08 10.33 8.74 10,908 11,033 10,874Dec 04, 13 Since Inception 10.0000 9.12 10.30 8.55 11,222 11,382 11,144

HDFC FMP 371D DECEMBER 2013 (1) NAV as at March 31, 2015 ` 11.2220


##


Mar 31, 14 to Mar 31, 15 9.08 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.36 10.33 8.74











##


Mar 31, 14 to Mar 31, 15 8.58 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 8.91 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 8.99 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 8.90 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.20 10.33 8.74












##


Mar 31, 14 to Mar 31, 15 9.44 10.33 8.74



^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. 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.


Mar 31, 14 Last 1 Year 11.6665 8.78 14.59 8.74 10,878 11,459 10,874Mar 28, 13 Last 2 Years 10.8171 8.28 9.33 7.25 11,732 11,962 11,509Jun 20, 12 Since Inception 10.0000 8.95 9.33 7.52 12,690 12,814 12,231

HDFC FMP 1120D JUNE 2012 (1) NAV as at March 31, 2015 ` 12.6904


##







Mar 31, 14 Last 1 Year 10.5283 10.43 14.59 8.74 11,043 11,459 10,874May 23, 13 Since Inception 10.0000 8.46 7.34 7.01 11,627 11,404 11,340

HDFC FMP 1107D MAY 2013 (1) NAV as at March 31, 2015 ` 11.6266


##


Mar 31, 14 to Mar 31, 15 10.43 14.59 8.74









##


Mar 31, 14 to Mar 31, 15 9.63 10.33 8.74




A. Cumulative performanceHDFC FMP 1198D FEBRUARY 2013 (1) NAV as at March 31, 2015 ` 11.9547


##


Mar 31, 14 to Mar 31, 15 9.80 14.59 8.74Mar 28, 13 to Mar 31, 14 7.73 4.36 5.79Mar 31, 14 Last 1 Year 10.8876 9.80 14.59 8.74 10,980 11,459 10,874

Mar 28, 13 Last 2 Years 10.1001 8.76 9.33 7.25 11,836 11,962 11,509Feb 13, 13 Since Inception 10.0000 8.76 9.11 7.32 11,955 12,036 11,621








Mar 31, 14 Last 1 Year 10.8512 12.75 14.59 8.74 11,275 11,459 10,874Mar 28, 13 Last 2 Years 10.1441 9.78 9.33 7.25 12,061 11,962 11,509Jan 08, 13 Since Inception 10.0000 9.49 9.02 7.37 12,235 12,119 11,713

HDFC FMP 1919D JANUARY 2013 (1) NAV as at March 31, 2015 ` 12.2351


##










##






^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Composite Bond Fund Index. ## CRISIL 10 year Gilt 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.



HDFC FMP 3360D MARCH 2014 (1) NAV as at March 31, 2015 ` 10.1444


##


Mar 31, 14 to Mar 31, 15 1.47 14.59 14.57








##


Mar 31, 14 to Mar 31, 15 9.01 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 8.84 10.33 8.74









##








Mar 31, 14 Last 1 Year 21.1169 16.85 16.45 8.74 11,685 11,645 10,874Mar 28, 13 Last 2 Years 18.9437 14.07 11.32 7.25 13,025 12,404 11,509Mar 30, 12 Last 3 Years 17.7814 11.53 10.59 7.62 13,877 13,528 12,468Aug 17, 05 Since Inception 10.0000 9.84 8.37 5.97 24,675 21,686 17,480


##


Mar 31, 14 to Mar 31, 15 16.85 16.45 8.74

Mar 28, 13 to Mar 31, 14 11.37 6.46 5.79

Mar 30, 12 to Mar 28, 13 6.54 9.06 8.33






Mar 31, 14 Last 1 Year 41.2936 16.77 14.59 14.57 11,677 11,459 11,457Mar 28, 13 Last 2 Years 39.2140 10.84 9.33 6.49 12,296 11,962 11,347Mar 30, 12 Last 3 Years 35.2704 10.97 9.32 8.07 13,671 13,067 12,624Apr 28, 97 Since Inception 10.0000 9.17 N.A. N.A. 48,218 N.A. N.A.


##


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

Mar 30, 12 to Mar 28, 13 11.18 9.24 11.25

HDFC HIGH INTEREST FUND - DYNAMIC PLAN NAV as at March 31, 2015 ` 48.2176


ANIL BAMBOLI



^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Liquid Fund Index ## CNX Nifty 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.




##


Mar 31, 14 to Mar 31, 15 7.84 8.98 26.65

Mar 28, 13 to Mar 31, 14 8.45 9.46 17.82

Mar 30, 12 to Mar 28, 13 8.87 8.17 7.31

HDFC ARBITRAGE FUND - WHOLESALE PLAN NAV as at March 31, 2015 ` 17.301



ANIL BAMBOLI...CONTINUED



^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Short Term Bond Fund Index ## CRISIL 1 year T-Bill Index




##


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

Mar 30, 12 to Mar 28, 13 9.65 9.05 8.33

HDFC SHORT TERM PLAN NAV as at March 31, 2015 ` 27.0529


##





^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Short-Term Bond Fund Index. ## CRISIL 1 year T-Bill Index



HDFC SHORT TERM OPPORTUNITIES FUND NAV as at March 31, 2015 ` 15.2362



^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # I-Sec Si-Bex ## CRISIL 1 year T-Bill Index


Mar 31, 14 Last 1 Year 20.6246 10.09 9.75 8.74 11,009 10,975 10,874Mar 28, 13 Last 2 Years 19.4673 7.96 8.16 7.25 11,663 11,706 11,509Mar 30, 12 Last 3 Years 17.7455 8.55 8.66 7.62 12,795 12,833 12,468Jul 25, 01 Since Inception 10.0000 6.17 N.A. 5.92 22,705 N.A. 21,990


##


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

Mar 30, 12 to Mar 28, 13 9.70 9.63 8.33

HDFC GILT FUND - SHORT TERM PLAN NAV as at March 31, 2015 ` 22.7051



^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # I-Sec Li-Bex ## CRISIL 10 year Gilt Index


Mar 31, 14 Last 1 Year 23.7840 19.59 19.88 14.57 11,959 11,988 11,457Mar 28, 13 Last 2 Years 23.4145 10.17 10.41 6.49 12,148 12,200 11,347Mar 30, 12 Last 3 Years 20.8583 10.88 11.38 8.07 13,636 13,820 12,624Jul 25, 01 Since Inception 10.0000 7.93 N.A. N.A. 28,443 N.A. N.A.


##


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

Mar 30, 12 to Mar 28, 13 12.26 13.28 11.25

HDFC GILT FUND - LONG TERM PLAN NAV as at March 31, 2015 ` 28.4431




^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # I-Sec Composite Index ## CRISIL 10 year Gilt Index




##


Mar 28, 14 to Mar 31, 15 4.79 15.72 14.63Mar 28, 13 to Mar 28, 14 3.56 3.91 -1.01

HDFC INFLATION INDEXED BOND FUND NAV as at March 31, 2015 ` 10.8794






(`) (%)^$$ (%)# Returns (`) $$ (`)# Benchmark(%)## (`)##

^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. 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).


Mar 24, 15 Last 7 days 29.1282 0.19 0.26 0.33 10,019 10,026 10,033Mar 16, 15 Last 15 days 29.0744 0.38 0.43 0.60 10,038 10,043 10,060Feb 27, 15 Last 1 Month 28.9588 0.78 0.83 0.98 10,078 10,083 10,098Mar 31, 14 Last 1 Year 26.7861 8.95 8.98 8.74 10,895 10,898 10,874Mar 28, 13 Last 2 Years 24.4747 9.16 9.22 7.25 11,924 11,938 11,509Mar 30, 12 Last 3 Years 22.4023 9.21 8.89 7.62 13,027 12,913 12,468Nov 18, 99 Since Inception 10.0000 7.21 N.A. 6.37 29,184 N.A. 25,838


##


Mar 31, 14 to Mar 31, 15 8.95 8.98 8.74

Mar 28, 13 to Mar 31, 14 9.36 9.46 5.79

Mar 30, 12 to Mar 28, 13 9.25 8.17 8.33

HDFC CASH MANAGEMENT FUND - SAVINGS PLAN NAV as at March 31, 2015 ` 29.1838





Mar 31, 14 Last 1 Year 27.2387 8.34 8.98 8.74 10,834 10,898 10,874Mar 28, 13 Last 2 Years 25.1057 8.38 9.22 7.25 11,755 11,938 11,509Mar 30, 12 Last 3 Years 23.1421 8.43 8.89 7.62 12,752 12,913 12,468Nov 18, 99 Since Inception 10.0000 7.29 N.A. 6.37 29,511 N.A. 25,838


##



HDFC CASH MANAGEMENT FUND - TREASURY ADVANTAGE PLAN - RETAIL OPTIONNAV as at March 31, 2015 ` 29.5109





Mar 24, 15 Last 7 days 21.9586 0.14 0.26 0.33 10,014 10,026 10,033Mar 16, 15 Last 15 days 21.9244 0.30 0.43 0.60 10,030 10,043 10,060Feb 27, 15 Last 1 Month 21.8523 0.63 0.83 0.98 10,063 10,083 10,098Mar 31, 14 Last 1 Year 20.3564 8.03 8.98 8.74 10,803 10,898 10,874Mar 28, 13 Last 2 Year 18.7806 8.17 9.22 7.25 11,709 11,938 11,509Mar 30, 12 Last 3 Years 17.3973 8.12 8.89 7.62 12,640 12,913 12,468Feb 06, 02 Since Inception 10.0000 6.17 N.A. 5.78 21,990 N.A. 20,929


##


Mar 31, 14 to Mar 31, 15 8.03 8.98 8.74

Mar 28, 13 to Mar 31, 14 8.32 9.46 5.79

Mar 30, 12 to Mar 28, 13 7.95 8.17 8.33

HDFC CASH MANAGEMENT FUND - CALL PLAN NAV as at March 31, 2015 ` 21.9904







##










^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Liquid Fund Index ## CRISIL 1 year T-Bill IndexScheme 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 quarterly intervals.



##


Mar 31, 14 to Mar 31, 15 8.93 8.98 8.74

Mar 28, 13 to Mar 31, 14 9.57 9.46 5.79

Mar 30, 12 to Mar 28, 13 9.19 8.17 8.33

HDFC QUARTERLY INTERVAL FUND - PLAN A - RETAIL PLAN NAV as at March 31, 2015 ` 19.5431A. Cumulative performance







##


Mar 31, 14 to Mar 31, 15 9.10 8.98 8.74

Mar 28, 13 to Mar 31, 14 9.05 9.46 5.79

Mar 30, 12 to Mar 28, 13 9.15 8.17 8.33

HDFC QUARTERLY INTERVAL FUND - PLAN B - RETAIL PLAN NAV as at March 31, 2015 ` 19.0215




Mar 31, 14 Last 1 Year 17.4788 9.05 8.98 8.74 10,905 10,898 10,874Mar 28, 13 Last 2 Years 15.9214 9.37 9.22 7.25 11,972 11,938 11,509Mar 30, 12 Last 3 Years 14.5945 9.30 8.89 7.62 13,060 12,913 12,468May 15, 07 Since Inception 10.0000 8.53 7.58 6.24 19,060 17,786 16,108


##



HDFC QUARTERLY INTERVAL FUND - PLAN C - RETAIL PLAN NAV as at March 31, 2015 ` 19.0604


Period Scheme Benchmark^ #


Mar 31, 14 to Mar 31, 15 -6.22 -5.24Mar 28, 13 to Mar 31, 14 -7.86 -6.95Mar 30, 12 to Mar 28, 13 3.75 4.83

Date Period NAV Scheme Benchmark Value of investment of ` 10,000@ per Unit Returns Returns Scheme Benchmark

(`) (%)^ (%)# (`) (`)#

^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # Domestic Price of Physical GoldSince inception returns are calculated on ` 1800.3288 (allotment price) *Currently, there are no Options being offered under the Scheme.


Mar 31, 14 Last 1 Year 2662.0135 -6.22 -5.24 9,378 9,476Mar 28, 13 Last 2 Years 2891.0922 -7.05 -6.10 8,635 8,813Mar 30, 12 Last 3 Years 2786.4749 -3.60 -2.60 8,959 9,238Aug 13, 10 Since Inception 1800.3288 7.31 7.83 13,866 14,179

HDFC GOLD EXCHANGE TRADED FUND* NAV as at March 31, 2015 ` 2496.3725







Mar 31, 14 to Mar 31, 15 -11.38 -5.24Mar 28, 13 to Mar 31, 14 -2.84 -6.95Mar 30, 12 to Mar 28, 13 3.63 4.83


(`) (%)^ (%)# (`) (`)#

^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # Domestic Price of Physical Gold


Mar 31, 14 Last 1 Year 10.1747 -11.38 -5.24 8,862 9,476Mar 28, 13 Last 2 Years 10.4743 -7.19 -6.10 8,609 8,813Mar 30, 12 Last 3 Years 10.1077 -3.73 -2.60 8,921 9,238Nov 01, 11 Since Inception 10.0000 -2.99 -1.00 9,017 9,662

HDFC GOLD FUND NAV as at March 31, 2015 ` 9.0170


(`) (%)^ (%)# Returns (`) #(`) Benchmark(%)## (`)##

^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Short Term Bond Fund Index. ## CRISIL 1 year T-Bill IndexScheme 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 ANNUAL INTERVAL FUND - SERIES I - PLAN A NAV as at March 31, 2015 ` 12.0604


##




(`) (%)^ (%)# Returns (`) #(`) Benchmark(%)## (`)##




HDFC ANNUAL INTERVAL FUND - SERIES I - PLAN B NAV as at March 31, 2015 ` 11.9917


##










##


Mar 31, 14 to Mar 31, 15 11.00 16.45 8.74








Mar 31, 14 Last 1 Year 10.6543 9.85 10.33 8.74 10,985 11,033 10,874Aug 08, 13 Since Inception 10.0000 10.04 10.50 8.62 11,704 11,783 11,455

HDFC FMP 370D AUGUST 2013 (1) NAV as at March 31, 2015 ` 11.7035


##


Mar 31, 14 to Mar 31, 15 9.85 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.86 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.30 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 10.04 10.33 8.74






Mar 31, 14 Last 1 Year 10.6660 9.97 10.33 8.74 10,997 11,033 10,874Jul 31, 13 Since Inception 10.0000 10.05 10.61 8.71 11,730 11,830 11,493

HDFC FMP 370D JULY 2013 (3) NAV as at March 31, 2015 ` 11.7298


##


Mar 31, 14 to Mar 31, 15 9.97 10.33 8.74












##


Mar 31, 14 To Mar 31, 15 10.14 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 10.05 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.30 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.96 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.87 10.33 8.74












##


Mar 31, 14 to Mar 31, 15 9.45 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.19 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.25 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.28 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 8.97 10.33 8.74


SCHEME PERFORMANCE - GROWTH OPTION (FUND MANAGER-WISE) ANIL BAMBOLI...CONTINUED









##


Mar 31, 14 to Mar 31, 15 9.01 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 10.23 14.59 8.74








##


Mar 31, 14 to Mar 31, 15 11.88 14.59 8.74








##


Mar 31, 14 to Mar 31, 15 12.51 14.59 8.74








##


Mar 31, 14 to Mar 31, 15 10.14 10.33 8.74







^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Short-Term 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.





##


Mar 31, 14 to Mar 31, 15 11.17 10.33 8.74



^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. 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.





##


Mar 31, 14 to Mar 31, 15 12.73 14.59 8.74



^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. 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.


Mar 31, 14 Last 1 Year 10.1699 12.87 14.59 8.74 11,287 11,459 10,874Feb 05, 14 Since Inception 10.0000 12.76 14.01 8.89 11,478 11,624 11,027



##


Mar 31, 14 to Mar 31, 15 12.87 14.59 8.74








##


Mar 31, 14 to Mar 31, 15 9.13 10.33 8.74






HDFC FMP 369D FEBRUARY 2014 (1) NAV as at March 31, 2015 ` 11.1128


##


Mar 31, 14 to Mar 31, 14 9.35 10.33 8.74










##


Mar 31, 14 to Mar 31, 15 9.12 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 8.97 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.13 10.33 8.74








##


Mar 31, 14 to Mar 31, 14 9.13 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.09 10.33 8.74












##


Mar 31, 14 to Mar 31, 15 9.22 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 8.95 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.15 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.25 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.07 10.33 8.74











##


Mar 31, 14 to Mar 31, 15 8.97 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.27 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.36 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 8.97 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 8.86 10.33 8.74












##


Mar 31, 14 to Mar 31, 15 8.79 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 8.91 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 8.89 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.06 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.07 10.33 8.74











##


Mar 31, 14 to Mar 31, 15 9.06 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.05 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.03 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.00 10.33 8.74









##


Mar 31, 14 to Mar 31, 15 9.08 10.33 8.74











##


Mar 31, 14 to Mar 31, 15 9.01 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 11.81 10.33 8.74








##


Mar 31, 14 To Mar 31, 15 10.38 10.33 8.74




^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Short-Term Bond Fund Index ## CRISIL 1 year T-Bill Index



HDFC BANKING AND PSU DEBT FUND NAV as at March 31, 2015 ` 11.0303


##


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



^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. 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 atthe then prevailing NAV (ex-dividend NAV).



HDFC DEBT FUND FOR CANCER CURE - 22014 NAV as at March 31, 2015 ` 10.2031


##


Mar 31, 14 to Mar 31, 15 11.07 10.32 8.74










##


Mar 31, 14 to Mar 31, 15 11.09 16.45 8.74








##


Mar 31, 14 to Mar 31, 15 11.36 16.45 8.74








##


Mar 31, 14 to Mar 31, 15 11.42 16.45 8.74








##


Mar 31, 14 to Mar 31, 15 10.70 16.45 8.74


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


(`) (%)^ (%)# Returns (`) #(`) Benchmark##(%) (`) ##





##



HDFC EQUITY FUND NAV as at March 31, 2015 ` 477.137







##



HDFC TOP 200 FUND NAV as at March 31, 2015 ` 347.131

PRASHANT JAIN



^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # CNX 500 Index ## CNX Nifty Index The Scheme is co-mmanaged by Prashant Jain and Srinivas Rao Ravuri.




##










##



HDFC PRUDENCE FUND NAV as at March 31, 2015 ` 381.093









##





VINAY KULKARNI



^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # S&P BSE SENSEX (Total Returns Index) ## CNX Nifty Index




##



HDFC INDEX FUND - SENSEX PLAN NAV as at March 31, 2015 ` 238.6554







##



HDFC PREMIER MULTI-CCAP FUND NAV as at March 31, 2015 ` 43.533







##



HDFC CORE & SATELLITE FUND NAV as at March 31, 2015 ` 58.189




^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # CNX Nifty Index ## S&P BSE SENSEX




##



HDFC LARGE CAP FUND NAV as at March 31, 2015 ` 90.867




^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # CNX Nifty Index (Total Returns Index) ## S&P BSE SENSEX




##



HDFC INDEX FUND - NIFTY PLAN NAV as at March 31, 2015 ` 74.6409








##



HDFC TAXSAVER NAV as at March 31, 2015 ` 403.267



^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. 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. The Scheme is co-mmanaged by Vinay Kulkarni (Equities) and Shobhit Mehrotra (Debt).




##









^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. 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 areactively managed. The Scheme is co-managed by Vinay Kulkarni (Equities) and Anil Bamboli (Debt).




##






^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # S&P BSE SENSEX (Total Returns Index) ## CNX Nifty Index




##



HDFC INDEX FUND - SENSEX PLUS PLAN NAV as at March 31, 2015 ` 366.4010









##


Mar 31, 14 to Mar 31, 15 11.56 16.45 8.74




MITEN LATHIA







##











##


Mar 31, 14 to Mar 31, 15 11.91 16.45 8.74








##


Mar 31, 14 to Mar 31, 15 11.99 16.45 8.74








##


Mar 31, 14 to Mar 31, 15 11.25 16.45 8.74









##


Mar 31, 14 to Mar 31, 15 11.65 16.45 8.74





^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # CNX Midcap Index ## CNX Nifty Index




##



HDFC MID-CCAP OPPORTUNITIES FUND NAV as at March 31, 2015 ` 37.275



^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # CNX Smallcap Index ## CNX Nifty Index




##



HDFC SMALL AND MID CAP FUND NAV as at March 31, 2015 ` 25.885

CHIRAG SETALVAD







##










##



HDFC BALANCED FUND NAV as at March 31, 2015 ` 108.957








##




SCHEME PERFORMANCE - DIRECT PLAN - GROWTH OPTION (FUND MANAGER-WISE) CHIRAG SETALVAD...CONTINUED

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



^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). #S&P BSE SENSEX ## CNX Nifty Index




##



HDFC LONG TERM ADVANTAGE FUND NAV as at March 31, 2015 ` 241.643







##




SRINIVAS RAO RAVURI



^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # S&P BSE SENSEX ## CNX Nifty Index




##



HDFC GROWTH FUND NAV as at March 31, 2015 ` 133.340







##



HDFC CHILDREN’S GIFT FUND - SAVINGS PLAN NAV as at March 31, 2015 ` 36.1598








##



HDFC CHILDREN’S GIFT FUND - INVESTMENT PLAN NAV as at March 31, 2015 ` 84.773


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

SHOBHIT MEHROTRA








##







The Scheme is co-mmanaged by Vinay Kulkarni (Equities) and Shobhit Mehrotra (Debt).



##









##



HDFC RAJIV GANDHI EQUITY SAVINGS SCHEME - SERIES I - FEBRUARY 2013 NAV as at March 31, 2015 ` 15.519

SRINIVAS RAO RAVURI...CONTINUED







##


Mar 31, 14 to Mar 31, 15 31.64 28.32 24.89

HDFC RAJIV GANDHI EQUITY SAVINGS SCHEME - SERIES II NAV as at March 31, 2015 ` 14.009A. Cumulative performance





^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # CNX 500 Index ## CNX Nifty IndexThe Scheme is co-mmanaged by Prashant Jain and Srinivas Rao Ravuri.




##












##



HDFC FLOATING RATE INCOME FUND - LTP NAV as at March 31, 2015 ` 24.3818



^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Composite Bond Fund Index. ## CRISIL 10 year Gilt Index



HDFC MEDIUM TERM OPPORTUNITIES FUND NAV as at March 31, 2015 ` 15.2236


##










##



HDFC FLOATING RATE INCOME FUND - STP - WHOLESALE OPTION NAV as at March 31, 2015 ` 23.9848



^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 HIGH INTEREST FUND - STP NAV as at March 31, 2015 ` 27.8831A. Cumulative performance








##



HDFC INCOME FUND NAV as at March 31, 2015 ` 32.6162










##


Mar 31, 14 to Mar 31, 15 10.37 10.33 8.74









##


Mar 31, 14 to Mar 31, 15 9.63 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.60 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 10.08 10.33 8.74






Mar 24, 15 Last 7 days 27.5607 0.19 0.26 0.33 10,019 10,026 10,033Mar 16, 15 Last 15 days 27.5097 0.37 0.43 0.60 10,037 10,043 10,060Feb 27, 15 Last 1 Month 27.4007 0.77 0.83 0.98 10,077 10,083 10,098Mar 31, 14 Last 1 Year 25.3306 9.01 8.98 8.74 10,901 10,898 10,874Mar 28, 13 Last 2 Years 23.1149 9.26 9.22 7.25 11,946 11,938 11,509Dec 31, 12 Since Inception 22.6510 9.22 9.11 7.43 12,191 12,164 11,748


##


Mar 31, 14 to Mar 31, 15 9.01 8.98 8.74

Mar 28, 13 to Mar 31, 14 9.50 9.46 5.79

HDFC LIQUID FUND NAV as at March 31, 2015 ` 27.6128

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








##


Mar 31, 14 to Mar 31, 15 8.89 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.12 10.33 8.74









##


Mar 31, 14 to Mar 31, 15 8.92 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.12 10.33 8.74









##


Mar 31, 14 to Mar 31, 15 9.58 10.33 8.74









##


Mar 31, 14 to Mar 31, 15 9.44 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.30 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.37 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 8.96 10.33 8.74










##


Mar 31, 14 to Mar 31, 15 9.15 10.33 8.74









##


Mar 31, 14 to Mar 31, 15 9.63 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 10.00 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.71 10.33 8.74





Mar 31, 14 Last 1 Year 10.5464 10.65 14.59 8.74 11,065 11,459 10,874May 23, 13 Since Inception 10.0000 8.68 7.34 7.01 11,670 11,404 11,340

HDFC FMP 1107D MAY 2013 (1) NAV as at March 31, 2015 ` 11.6699


##


Mar 31, 14 to Mar 31, 15 10.65 14.59 8.74










##


Mar 31, 14 to Mar 31, 15 9.33 10.33 8.74










##





^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Composite Bond Fund Index. ## CRISIL 10 year Gilt 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.





##


Mar 31, 14 to Mar 31, 15 1.58 14.59 14.57








##


Mar 31, 14 to Mar 31, 15 9.22 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.06 10.33 8.74






Mar 31, 14 Last 1 Year 10.9341 10.08 14.59 8.74 11,008 11,459 10,874Mar 28, 13 Last 2 Years 10.1092 9.07 9.33 7.25 11,906 11,962 11,509Feb 13, 13 Since Inception 10.0000 9.11 9.11 7.32 12,036 12,036 11,621



##










##


Mar 31, 14 to Mar 31, 15 17.53 16.45 8.74

Mar 28, 13 to Mar 31, 14 12.02 6.46 5.79








##




ANIL BAMBOLI





Mar 31, 14 Last 1 Year 23.2178 12.62 16.45 8.74 11,262 11,645 10,874

Mar 28, 13 Last 2 Years 20.8274 12.00 11.32 7.25 12,555 12,404 11,509

Jan 01, 13 Since Inception 21.0517 10.14 10.49 7.42 12,421 12,509 11,743


##


Mar 31, 14 to Mar 31, 15 12.62 16.45 8.74

Mar 28, 13 to Mar 31, 14 11.38 6.46 5.79






^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Short Term Bond Fund Index. ## CRISIL 10 year Gilt Index



HDFC CORPORATE DEBT OPPORTUNITIES FUND NAV as at March 31, 2015 ` 11.3284


##


Mar 31, 14 to Mar 31, 15 12.85 10.32 14.57







^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Short Term Bond Fund Index ## CRISIL 1 year T-Bill Index




##



HDFC SHORT TERM PLAN NAV as at March 31, 2015 ` 27.2112



^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # I-Sec Li-Bex ## CRISIL 10 year Gilt Index




##



HDFC GILT FUND - LONG TERM PLAN NAV as at March 31, 2015 ` 28.6465



^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # I-Sec Si-Bex ## CRISIL 1 year T-Bill Index



##



HDFC GILT FUND - SHORT TERM PLAN NAV as at March 31, 2015 ` 22.8489A. Cumulative performance


##





^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Short-Term Bond Fund Index. ## CRISIL 1 year T-Bill Index



HDFC SHORT TERM OPPORTUNITIES FUND NAV as at March 31, 2015 ` 15.2810








##


Mar 31, 14 to Mar 31, 15 17.78 14.59 14.57

Mar 28, 13 to Mar 31, 14 6.13 4.36 -0.95

HDFC HIGH INTEREST FUND - DYNAMIC PLAN NAV as at March 31, 2015 ` 49.1081






^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # I-Sec Composite Index ## CRISIL 10 year Gilt Index




##



HDFC INFLATION INDEXED BOND FUND NAV as at March 31, 2015 ` 11.0068






##



HDFC CASH MANAGEMENT FUND - TREASURY ADVANTAGE PLAN - RETAIL OPTIONNAV as at March 31, 2015 ` 29.9758A. Cumulative performance






##



HDFC CASH MANAGEMENT FUND - CALL PLAN NAV as at March 31, 2015 ` 22.0155A. Cumulative performance






##



HDFC CASH MANAGEMENT FUND - SAVINGS PLAN NAV as at March 31, 2015 ` 29.2191A. Cumulative performance


SCHEME PERFORMANCE - DIRECT PLAN - GROWTH OPTION (FUND MANAGER-WISE) ANIL BAMBOLI...CONTINUED






HDFC ANNUAL INTERVAL FUND - SERIES I - PLAN A NAV as at March 31, 2015 ` 12.0732


##








HDFC ANNUAL INTERVAL FUND - SERIES I - PLAN B NAV as at March 31, 2015 ` 12.0079


##








##



HDFC QUARTERLY INTERVAL FUND - PLAN A - RETAIL PLAN NAV as at March 31, 2015 ` 19.5577A. Cumulative performance





Mar 31, 14 Last 1 Year 17.4915 9.10 8.98 8.74 10,910 10,898 10,874Mar 28, 13 Last 2 Years 15.9243 9.43 9.22 7.25 11,984 11,938 11,509Feb 05, 13 Since Inception 15.7379 9.39 9.17 7.31 12,126 12,073 11,637


##



HDFC QUARTERLY INTERVAL FUND - PLAN C - RETAIL PLAN NAV as at March 31, 2015 ` 19.0836




Mar 31, 14 to Mar 31, 15 -11.10 -5.24Mar 28, 13 to Mar 31, 14 -2.65 -6.95


(`) (%)^ (%)# (`) (`)#

^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # Domestic Price of Physical Gold


Mar 31, 14 Last 1 Year 10.1991 -11.10 -5.24 8,890 9,476Mar 28, 13 Last 2 Years 10.4786 -6.95 -6.10 8,653 8,813Jan 01, 13 Since Inception 11.0586 -8.47 -6.57 8,199 8,586

HDFC GOLD FUND NAV as at March 31, 2015 ` 9.067





^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Short Term Bond Fund Index. ## CRISIL 1 year T-Bill Index



HDFC BANKING AND PSU DEBT FUND NAV as at March 31, 2015 ` 11.0358


##


Mar 31, 14 to Mar 31, 15 10.01 10.32 8.74








##


Mar 31, 14 to Mar 31, 15 11.65 16.45 8.74








##


Mar 31, 14 to Mar 31, 15 11.91 16.45 8.74








##


Mar 31, 14 to Mar 31, 15 11.99 16.45 8.74








##


Mar 31, 14 to Mar 31, 15 11.25 16.45 8.74











##


Mar 31, 14 to Mar 31, 15 10.05 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.94 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.37 10.33 8.74




^̂PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. Returns greater than 1 year period are compounded annualized (CAGR). # CRISIL Short Term Bond Fund 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. 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 atthe then prevailing NAV (ex-dividend NAV).



HDFC DEBT FUND FOR CANCER CURE - 22014 NAV as at March 31, 2015 ` 10.2031


##


Mar 31, 14 to Mar 31, 15 11.07 10.32 8.74









##


Mar 31, 14 to Mar 31, 15 11.56 16.45 8.74










##


Mar 31, 14 to Mar 31, 15 10.05 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 10.23 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 10.12 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.94 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.96 10.33 8.74











##


Mar 31, 14 to Mar 31, 15 9.26 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.32 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 10.38 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.72 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.37 10.33 8.74










##


Mar 31, 14 to Mar 31, 15 10.45 14.59 8.74








##


Mar 31, 14 to Mar 31, 15 10.36 10.33 8.74









##


Mar 31, 14 to Mar 31, 15 9.35 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.35 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.39 10.33 8.74











##


Mar 31, 14 to Mar 31, 15 11.39 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 13.04 14.59 8.74








##


Mar 31, 14 to Mar 31, 15 13.01 14.59 8.74









##


Mar 31, 14 to Mar 31, 15 12.96 14.59 8.74








##


Mar 31, 14 to Mar 31, 15 12.22 14.59 8.74


Intouchmutually90








##


Mar 31, 14 to Mar 31, 15 9.42 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.17 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.03 10.33 8.74










##


Mar 31, 14 to Mar 31, 15 9.18 10.33 8.74









##


Mar 31, 14 to Mar 31, 15 9.19 10.33 8.74









##


Mar 31, 14 to Mar 31, 15 9.14 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.20 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.02 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.28 10.33 8.74










##


Mar 31, 14 to Mar 31, 15 9.19 10.33 8.74










##


Mar 31, 14 to Mar 31, 15 9.31 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.13 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.03 10.33 8.74










##


Mar 31, 14 to Mar 31, 15 9.04 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.34 10.33 8.74










##


Mar 31, 14 to Mar 31, 15 9.18 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.29 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.27 10.33 8.74










##


Mar 31, 14 to Mar 31, 15 9.43 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.24 10.33 8.74










##


Mar 31, 14 to Mar 31, 15 9.44 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.43 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.41 10.33 8.74










##


Mar 31, 14 to Mar 31, 15 9.44 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.45 10.33 8.74










##


Mar 31, 14 to Mar 31, 15 9.39 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 11.97 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 10.77 10.33 8.74










##


Mar 31, 14 to Mar 31, 15 9.38 10.33 8.74








##


Mar 31, 14 to Mar 31, 15 9.46 10.33 8.74



Mar 21, 13 41.388 4.00 4.00Mar 20, 14 43.809 4.00 4.00Mar 19, 15 59.842 5.50 5.50

DDiirreecctt PPllaannMar 21, 13 41.447 4.00 4.00Mar 20, 14 44.172 4.00 4.00Mar 19, 15 60.828 5.50 5.50

RReeccoorrdd CCuumm DDiivv DDiivviiddeenndd PPeerr uunniitt ((`̀)) FFoorr DDaattee NNAAVV ((`̀)) IInnddiivviidduuaallss && HHUUFF OOtthheerrss


HDFC Equity Fund (Past 3 years)

Mar 07, 13 43.247 4.00 4.00Mar 06, 14 42.484 4.00 4.00Mar 05, 15 58.076 5.00 5.00




HDFC Top 200 Fund (Past 3 years)

Feb 21, 13 22.391 2.50 2.50Feb 20, 14 21.788 2.50 2.50Feb 19, 15 31.424 3.00 3.00


HDFC Capital Builder Fund (Past 3 years)

Feb 21, 13 29.331 3.00 3.00Feb 13, 14 25.019 3.00 3.00Feb 12, 15 33.959 3.50 3.50

DDiirreecctt PPllaannFeb 21, 13 29.352 3.00 3.00Feb 13, 14 25.143 3.00 3.00Feb 12, 15 34.313 3.50 3.50


HDFC Growth Fund



HDFC Balanced Fund (Past 3 years)


Feb 27, 13 19.322 1.25 1.25Feb 26, 14 20.682 1.25 1.25Mar 24, 15 29.333 2.00 2.00


DDiirreecctt PPllaannFeb 27, 13 19.339 1.25 1.25Mar 24, 15 31.654 2.50 2.50

Feb 27, 13 27.526 3.00 3.00Feb 26, 14 25.965 3.00 3.00Feb 26, 15 35.366 3.50 3.50




HDFC Prudence Fund (Past 3 years)


Dividend Option

Dividend Option

Dividend Option

Dividend Option

Feb 14, 13 17.613 2.00 2.00Feb 20, 14 15.197 1.50 1.50Feb 19, 15 22.392 2.00 2.00


HDFC Core & Satellite Fund (Past 3 years)



Dividend Option

Feb 07, 13 12.762 1.50 1.50Feb 06, 14 10.783 0.60 0.60Feb 05, 15 16.770 1.50 1.50


HDFC Premier Multi-Cap Fund (Past 3 years)



Dividend Option

Dividend Option

Dividend Option

(Past 3 years)

Feb 07, 13 34.167 4.00 4.00Feb 06, 14 32.125 3.50 3.50Feb 05, 15 43.781 4.00 4.00



HDFC Long Term Advantage Fund (Past 3 years)

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


Dividend Option

Mar 14, 13 53.602 6.00 6.00Mar 13, 14 52.658 6.00 6.00Mar 12, 15 73.673 7.00 7.00




HDFC TaxSaver (Past 3 years)

(An open-ended equity linked savings scheme with a lock-in period of 3 years)Dividend Option

WWhhoolleessaallee PPllaannSep 25, 14 10.462 0.183 0.183

DDiirreecctt PPllaannSep 25, 14 10.181 0.092 0.092Dec 26, 14 10.4640 0.184 0.184



Quarterly (Dividend Option) (Past 3 quarters)

HDFC Arbitrage Fund

WWhhoolleessaallee PPllaannJan 22, 15 10.340 0.040 0.040

Feb 19, 15 10.370 0.040 0.040Mar 19, 15 10.391 0.040 0.040



Dividend Option (erstwhile Monthly Dividend Option) (Past 3 months)

Dividend History ^

Feb 27, 13 15.980 1.15 1.15Feb 26, 14 17.588 1.75 1.75Mar 24, 15 27.636 2.00 2.00

DDiirreecctt PPllaannFeb 27, 13 15.994 1.15 1.15Mar 24, 15 31.131 2.25 2.25



HDFC Mid-Cap Opportunities Fund (Past 3 years)Dividend Option

Feb 26, 15 25.817 2.50 2.50DDiirreecctt PPllaannFeb 26, 15 26.048 2.50 2.50



HDFC Large Cap Fund (Past 3 years)Dividend Option

Feb 19, 15 22.769 2.00 2.00DDiirreecctt PPllaannFeb 19, 15 23.165 2.00 2.00



HDFC Small & Mid Cap Fund (Past 3 years)Dividend Option

^̂ PPaasstt ppeerrffoorrmmaannccee mmaayy oorr mmaayy nnoott bbee ssuussttaaiinneedd iinn tthhee ffuuttuurree.. There is no assurance or guarantee to Unit holders as to rate/quantum of dividend distribution northat 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 fallsto 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



Monthly Dividend Option(Past 3 months)


Jan 27, 15 12.3969 0.0600 0.0557Feb 25, 15 12.2210 0.0600 0.0557Mar 25, 15 12.0861 0.0700 0.0649

DDiirreecctt PPllaann Jan 27, 15 12.4921 0.0600 0.0557Feb 25, 15 12.3247 0.0600 0.0557Mar 25, 15 12.2009 0.0700 0.0649

Quarterly Dividend Option(Past 3 quarters)


Sep 25, 14 12.4790 0.1800 0.1724Dec 26, 14 12.7380 0.1800 0.1669Mar 25, 15 12.5971 0.2100 0.1947

DDiirreecctt PPllaann Sep 25, 14 12.5496 0.1800 0.1724Dec 26, 14 12.8268 0.1800 0.1669Mar 25, 15 12.7156 0.2100 0.1947

HDFC High Interest Fund - Dynamic Plan

Sep 25, 14 11.6131 0.2000 0.1915Dec 26, 14 12.0761 0.3000 0.2782Mar25, 15 12.0298 0.2000 0.1855

DDiirreecctt PPllaannSep 25, 14 11.7846 0.2000 0.1915Dec 26, 14 12.2829 0.3000 0.2782Mar25, 15 12.2669 0.2000 0.1855

Sep 25, 13 11.1219 0.2704 0.2589Mar 25, 14 11.2992 0.4000 0.3831Sep 25, 14 11.4586 0.4000 0.3831Mar 25, 15 12.0057 0.5000 0.4637

DDiirreecctt PPllaannSep 25, 13 11.1749 0.0787 0.0753Mar 25, 14 11.6682 0.4000 0.3831Sep 25, 14 11.9061 0.4000 0.3831Mar 25, 15 12.5462 0.5000 0.4637



Quarterly (Dividend Option)(Past 3 quarters)

Half-yearly (Dividend Option)(Past 2 years)

Yearly (Dividend Option) (Past 3 years)

Sep 25, 14 10.9859 0.2000 0.1915Dec 26, 14 10.3857 0.3000 0.2782Mar 25, 15 11.3123 0.2000 0.1855

DDiirreecctt PPllaannSep 25, 14 11.1488 0.2000 0.1915Dec 26, 14 11.5828 0.3000 0.2782Mar 25, 15 11.5413 0.2000 0.1855

RReeccoorrdd DDaattee CCuumm DDiivviiddeenndd NNAAVV ((`̀)) DDiivviiddeenndd PPeerr uunniitt ((`̀)) FFoorr IInnddiivviidduuaallss && HHUUFF OOtthheerrss

Dividend Option (Past 3 quarters)

Mar 25, 13 12.9081 0.9500 0.8142Mar 25, 14 12.4424 0.6500 0.6225Mar 25, 15 13.5259 0.9000 0.8346



HDFC Income Fund

Short Term Plan (Dividend Option)

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)

Long Term Plan (Dividend Option)

Monthly Dividend Option(Past 3 months)


Jan 27, 15 15.0667 0.0700 0.0649Feb 25, 15 14.8061 0.0700 0.0649Mar 25, 15 14.5901 0.0800 0.0742

DDiirreecctt PPllaannJan 27, 15 15.2106 0.0700 0.0649Feb 25, 15 14.9547 0.0700 0.0649Mar 25, 15 14.7421 0.0800 0.0742

Quarterly Dividend Option(Past 3 quarters)


Sep 25, 14 14.7400 0.2100 0.2011Dec 26, 14 15.2977 0.2100 0.1947Mar 25, 15 15.2467 0.2400 0.2226

DDiirreecctt PPllaann Sep 25, 14 14.8536 0.2100 0.2011Dec 26, 14 15.4356 0.2100 0.1947Mar 25, 15 15.4048 0.2400 0.2226

HDFC Multiple Yield Fund (Past 3 years)

Feb 14, 13 11.6548 0.7500 0.6428Feb 13, 14 11.5427 0.7500 0.7183Feb 12, 15 12.2991 0.0871 0.8078




(Dividend Option)

HDFC Multiple Yield Fund - Plan 2005 (Past 3 years)

Feb 14, 13 11.5963 0.7500 0.6428Feb 13, 14 11.4924 0.7500 0.7183Feb 12, 15 12.7502 0.0871 0.8078




(Dividend Option)

HDFC Short Term PlanDDiivviiddeenndd OOppttiioonn - RReeiinnvveessttmmeenntt (Past 3 months)



Jan 27, 15 10.4536 0.0990 0.0918Feb 25, 15 10.3760 0.0427 0.0396Mar 25, 15 10.3744 0.0415 0.0385

Direct PlanJan 27, 15 10.4561 0.1008 0.0935Feb 25, 15 10.3797 0.0454 0.0421Mar 25, 15 10.3791 0.0449 0.0417

Jan 12, 15 10.1475 0.0417 0.0387Jan 27, 15 10.1471 0.0342 0.0317Feb 10, 15 10.1050 0.0036 0.0034Feb 25, 15 10.1516 0.0375 0.0347Mar 10, 15 10.1262 0.0190 0.0176Mar 25, 15 10.1264 0.0192 0.0178

DDiirreecctt PPllaannJan 12, 15 10.2088 0.0427 0.0396Jan 27, 15 10.2083 0.0351 0.0325Feb 10, 15 10.1658 0.0042 0.0039Feb 25, 15 10.2128 0.0383 0.0355Mar 10, 15 10.1870 0.0196 0.0182Mar 25, 15 10.1874 0.0199 0.0184



DDiivviiddeenndd OOppttiioonn - FFoorrttnniigghhttllyy (Past 3 months)HDFC Short Term Opportunities Fund

Sep 25, 14 10.2822 0.1701 0.1629Dec 26, 14 10.3567 0.1654 0.1534Mar 25, 15 10.3636 0.1581 0.1466

DDiirreecctt PPllaannSep 25, 14 10.3584 0.1736 0.1663Dec 26, 14 10.4337 0.1688 0.1565Mar 25, 15 10.4401 0.1610 0.1493



Quarterly Dividend Option - Reinvestment (Past 3 quarters)

HDFC Medium Term Opportunities Fund

Feb 10, 15 10.5859 0.0059 0.0055Feb 25, 15 10.6218 0.0319 0.0296Mar 10, 15 10.5948 0.0123 0.0114Mar 25, 15 10.5994 0.0157 0.0145

DDiirreecctt PPllaannFeb 10, 15 10.5878 0.0073 0.0067Feb 25, 15 10.6244 0.0338 0.0314Mar 10, 15 10.5971 0.0140 0.0130Mar 25, 15 10.6019 0.0175 0.0162



DDiivviiddeenndd OOppttiioonn - FFoorrttnniigghhttllyy (Past 2 months)HDFC High Interest Fund - Short Term Plan


Dividend History ^

WWeeeekkllyy DDiivviiddeenndd OOppttiioonn (Past 1 month)

RReeccoorrdd CCuumm DDiivv DDiivviiddeenndd PPeerr uunniitt ((`̀)) FFoorr RReeccoorrdd CCuumm DDiivv DDiivviiddeenndd PPeerr uunniitt ((`̀)) FFoorr DDaattee NNAAVV ((`̀)) IInnddiivviidduuaallss && HHUUFF OOtthheerrss DDaattee NNAAVV ((`̀)) IInnddiivviidduuaallss && HHUUFF OOtthheerrss

Mar 02, 15 10.3270 0.0121 0.0112Mar 09, 15 10.3272 0.0123 0.0114Mar 16, 15 10.3270 0.0121 0.0112Mar 23, 15 10.3270 0.0121 0.0112Mar 30, 15 10.3272 0.0123 0.0114

DDiirreecctt PPllaannMar 02, 15 10.3271 0.0122 0.0113Mar 09, 15 10.3273 0.0123 0.0114Mar 16, 15 10.3272 0.0123 0.0114Mar 23, 15 10.3271 0.0122 0.0113Mar 30, 15 10.3271 0.0122 0.0113

Jan 27, 15 10.3316 0.0498 0.0462Feb 23, 15 10.3264 0.0460 0.0427Mar 30, 15 10.3468 0.0608 0.0564

DDiirreecctt PPllaannJan 27, 15 10.3320 0.0501 0.0464Feb 23, 15 10.3269 0.0464 0.0430Mar 30, 15 10.3472 0.0611 0.0567


MMoonntthhllyy DDiivviiddeenndd OOppttiioonn (Past 3 months)

January 2015 Daily 10.1982 0.0525 0.0485February 2015 Daily 10.1982 0.0477 0.0439March 2015 Daily 10.1982 0.0534 0.0494

DDiirreecctt PPllaannJanuary 2015 Daily 10.1982 0.0525 0.0490February 2015 Daily 10.1982 0.0474 0.0443March 2015 Daily 10.1982 0.0536 0.0497

MMoonntthh RReeccoorrdd DDaattee EExx-ddiivviiddeenndd NNAAVV ppeerr UUnniitt ((`̀)) AAggggrreeggaattee DDiivviiddeenndd PPeerr UUnniitt ((`̀)) ffoorr tthhee mmoonntthh IInnddiivviidduuaallss && HHUUFF OOtthheerrss

DDaaiillyy DDiivviiddeenndd RReeiinnvveessttmmeenntt OOppttiioonn** (Past 3 months)

HDFC Liquid Fund

WWhhoolleessaallee OOppttiioonnMar 02, 15 10.1541 0.0136 0.0126Mar 09, 15 10.1570 0.0157 0.0145Mar 16, 15 10.1514 0.0116 0.0108Mar 23, 15 10.1518 0.0119 0.0111Mar 30, 15 10.1525 0.0124 0.0115

WWhhoolleessaallee OOppttiioonn - DDiirreecctt PPllaannMar 02, 15 10.1542 0.0136 0.0127Mar 09, 15 10.1571 0.0158 0.0146Mar 16, 15 10.1515 0.0117 0.0108Mar 23, 15 10.1518 0.0119 0.0110Mar 30, 15 10.1527 0.0126 0.0116



(Weekly Dividend Option) (Past 1 month)

RReettaaiill OOppttiioonnMar 02, 15 10.2469 0.0115 0.0107Mar 09, 15 10.2461 0.0110 0.0102Mar 16, 15 10.2442 0.0096 0.0089Mar 23, 15 10.2495 0.0134 0.0125Mar 30, 15 10.2380 0.0051 0.0047

RReettaaiill OOppttiioonn - DDiirreecctt PPllaannMar 02, 15 10.2470 0.0116 0.0108Mar 09, 15 10.2462 0.0110 0.0102Mar 16, 15 10.2444 0.0097 0.0090Mar 23, 15 10.2497 0.0136 0.0126Mar 30, 15 10.2381 0.0052 0.0048



(Weekly Dividend Reinvestment Option) (Past 1 month)

HDFC Floating Rate Income Fund - Long Term Plan

WWhhoolleessaallee OOppttiioonnJan 27, 15 10.2193 0.0546 0.0506Feb 23, 15 10.1992 0.0400 0.0371Mar 30, 15 10.2343 0.0655 0.0607

WWhhoolleessaallee OOppttiioonn - DDiirreecctt PPllaannJan 27, 15 10.2197 0.0549 0.0509Feb 23, 15 10.1996 0.0403 0.0374Mar 30, 15 10.2348 0.0658 0.0611



WWhhoolleessaallee OOppttiioonnJanuary 2015 Daily 10.0809 0.0520 0.0483February 2015 Daily 10.0809 0.0385 0.0357March 2015 Daily 10.0809 0.0632 0.0587

WWhhoolleessaallee OOppttiioonn - DDiirreecctt PPllaannJanuary 2015 Daily 10.0809 0.0521 0.0486February 2015 Daily 10.0809 0.0386 0.0360March 2015 Daily 10.0809 0.0637 0.0588



HDFC Floating Rate Income Fund - Short Term Plan

HDFC Gilt Fund (Past 3 quarters)

Sep 25, 14 11.1879 0.2000 0.1915Dec 26, 14 11.2535 0.2000 0.1855Mar 25, 15 11.2165 0.1500 0.1391

Direct PlanSep 25, 14 11.2458 0.2000 0.1915Dec 26, 14 11.3210 0.2000 0.1855Mar 25, 15 11.2943 0.1500 0.1391

Sep 25, 14 10.9557 0.2000 0.1915Dec 26, 14 11.5381 0.4000 0.3709Mar 25, 15 11.3830 0.3000 0.2782

Direct PlanSep 25, 14 11.0114 0.2000 0.1915Dec 26, 14 11.6097 0.4000 0.3709Mar 25, 15 11.4696 0.3000 0.2782



Short Term Plan (Dividend Option) Long Term Plan (Dividend Option)


Intouch MutuallyFORM IV

(see Rule 8) 1. Place of Publication Mumbai2. Periodicity of its Publication Monthly 3. Printer's Name Shailendra Sharad Kalelkar

Nationality IndianWhether a citizen of India ? YesIf a foreigner, the country of origin N/AAddress 3rd & 4th Floor Building H, Paragon Condominium, Opp. Century Mills,

P B Marg, Worli, Mumbai - 4000134. Publisher's Name Shailendra Sharad Kalelkar

Nationality IndianWhether a citizen of India ? YesIf a foreigner, the country of origin N/AAddress 3rd & 4th Floor Building H, Paragon Condominium, Opp. Century Mills,

P B Marg, Worli, Mumbai - 4000135. Editor's Name Rajiv Shirali

Nationality IndianWhether a citizen of India ? YesIf a foreigner, the country of origin N/AAddress Nehru House, 4, Bahadur Shah Zafar Marg , New Delhi - 110 002

6. Names and addresses of individuals Ownerwho own the newspaper and Business Standard Limited, Nehru House, 4 Bahadur Shah Zafar Marg,Partners or shareholders holding more New Delhi - 110 002than one percent of the total capital

Shareholders holding more than one percent of the total capital: Komaf Financial Services Limited, 240, Navsari Building,1st Floor, D.N.Road, Mumbai, Maharashtra-400 001. Cumulus Trading Company Pvt. Ltd., 240, Navsari Building, 1st Floor, D.N. Road, Mumbai, Maharashtra-400 001. Infina Finance (P) Ltd., 7th Floor, Dani Corporate Park, 158, CST Road, Kalina, Santacruz (East), Mumbai. Maharashtra-400 098. Kotak Mahindra Trusteeship Services Limited , 27 BKC, 6th floor no. C-27 G - block, Bandra Kurla Complex, Bandra(E), Mumbai, Maharashtra- 400051.

I, Shailendra Sharad Kalelkar hereby declare that the particulars given above are true to the best of my knowledge and belief.

sd/-Date : March 2015 Shailendra Sharad Kalelkar

Printer & Publisher

Disclaimer:

The information contained herein should not be altered in any way, transmitted to, copiedor distributed, in part or in whole, to any other person or to the media or reproduced in anyform, without prior written consent of HDFC Asset Management Company Limited (HDFC AMC)or the relevant owner of the intellectual property, as the case may be. All Intellectual propertyand intellectual property rights belong to the relevant owner of the intellectual property, and“Intouch Mutually” is a trademark of HDFC AMC.

Any information herein contained does not constitute and shall be deemed not to consti-tute an advice, an offer to sell/ purchase or as an invitation or solicitation to do so for any secu-rities of any entity, and further, HDFC AMC / its subsidiaries / affiliates / sponsors / trustee (HDFCAMC Group) or their officers, employees, personnel, directors may be associated in a commer-cial, professional or personal capacity or may have a commercial interest including as propri-etary traders in or with the securities and/ or companies or issues or matters as contained in thispublication and such commercial capacity or interest whether or not differing with or conflictingwith this publication, shall not make or render (HDFC AMC Group) liable in any manner what-soever & (HDFC AMC Group) or any of their officers, employees, personnel, directors shall notbe liable for any loss, damage, liability whatsoever for any direct or indirect loss arising from theuse or access of any information that may be displayed in this publication from time to time.Recipients of the information contained herein should exercise due care and caution and readthe Scheme Information Document(s) and Statement of Additional Information (including if nec-essary, obtaining the advice of tax / legal / accounting / financial / other professionals) prior totaking of any decision, acting or omitting to act, on the basis of the information contained here-in. The printing and mailing cost of this newsletter is charged to the respective schemes subjectto Securities & Exchange Board of India (Mutual Funds) Regulations, 1996.

The author’s opinions, beliefs and viewpoints published in Intouch Mutually (Page No. 4)are his own views and not of HDFC AMC Group, or any of their officers, employees, personneland directors. HDFC AMC Group or any of their officers, employees, personnel, directors do notaccept responsibility for the author’s content and make no representation as to the accuracy,completeness or reliability of the author’s content and hereby disclaim any liability with regardto the same.

HDFC Index Fund – SENSEX Plan & SENSEX Plus Plan (“Schemes”) is based on the S&P BSESENSEX Index. S&P® is a registered trademark of S&P Financial Services Limited (S&P). BSE®and SENSEX® are registered trademarks of BSE Limited. The Schemes is not sponsored,endorsed marketed or promoted by S&P, BSE or their respective affiliates. Please refer to theScheme Information Document for disclaimers w.r.t. S&P BSE SENSEX Index.

MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKETRISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.

HDFC Cash Management Fund - Treasury Advantage Plan

RReettaaiill OOppttiioonnMar 02, 15 10.0801 0.0128 0.0118Mar 09, 15 10.0836 0.0153 0.0142Mar 16, 15 10.0754 0.0094 0.0087Mar 23, 15 10.0763 0.0100 0.0093Mar 30, 15 10.0779 0.0112 0.0104

RReettaaiill OOppttiioonn - DDiirreecctt PPllaannMar 02, 15 10.0866 0.0139 0.0129Mar 09, 15 10.0901 0.0164 0.0152Mar 16, 15 10.0818 0.0104 0.0096Mar 23, 15 10.0828 0.0111 0.0103Mar 30, 15 10.0844 0.0123 0.0114

WWhhoolleessaallee OOppttiioonnMar 02, 15 10.0813 0.0136 0.0127Mar 09, 15 10.0848 0.0162 0.0150

Mar 16, 15 10.0765 0.0102 0.0094Mar 23, 15 10.0775 0.0109 0.0101Mar 30, 15 10.0791 0.0120 0.0112






HDFC Cash Management Fund - Call Plan


RReettaaiill OOppttiioonnJanuary 2015 Daily 10.0315 0.0479 0.0445February 2015 Daily 10.0315 0.0303 0.0280March 2015 Daily 10.0315 0.0584 0.0542

RReettaaiill OOppttiioonn - DDiirreecctt PPllaannJanuary 2015 Daily 10.0315 0.0525 0.0484February 2015 Daily 10.0315 0.0340 0.0316March 2015 Daily 10.0315 0.0629 0.0581





RReettaaiill OOppttiioonnJan 27, 15 10.1203 0.0510 0.0473Feb 23, 15 10.0916 0.0302 0.0280Mar 30, 15 10.1311 0.0589 0.0546

RReettaaiill OOppttiioonn - DDiirreecctt PPllaannJan 27, 15 10.2196 0.0560 0.0519Feb 23, 15 10.1900 0.0345 0.0320Mar 30, 15 10.2317 0.0647 0.0600

WWhhoolleessaallee OOppttiioonnJan 27, 15 10.1251 0.0545 0.0506Feb 23, 15 10.0961 0.0335 0.0310Mar 30, 15 10.1368 0.0630 0.0584


Dividend History ^


HDFC Cash Management Fund - Savings PlanDDaaiillyy DDiivviiddeenndd RReeiinnvveessttmmeenntt OOppttiioonn** (Past 3 months)



Mar 09, 15 10.6498 0.0182 0.0169Mar 13, 15 10.6345 0.0071 0.0066Mar 20, 15 10.6422 0.0127 0.0118Mar 27, 15 10.6420 0.0126 0.0116

DDiirreecctt PPllaannMar 09, 15 10.6498 0.0182 0.0169Mar 13, 15 10.6346 0.0072 0.0067Mar 20, 15 10.6422 0.0127 0.0118Mar 27, 15 10.6421 0.0126 0.0117





Published and printed by Shailendra Sharad Kalelkar for and on behalf of Business Standard Limited from H4, Paragon Condominium, Opposite Century Mills, P B Marg, Worli, Mumbai 400013, and printed at M. P. Printers (A Unit of D.B.Corp. Ltd.), B- 220, Industrial Area, Phase – II, Noida – 201305 ( U.P.) India. Editor: Rajiv Shirali.

Intouchmutually, March 2015, Registered with Registrar of Newspapers under RNI No. MAHENG/2003/10804

Documents

Vol. No. 12 Issue No. 9 March 2015 - hdfcfund.com€¦ · 2 march 2015 intouchmutually page no. market review 3 editorial 4 features of our select schemes 5-116 hdfc growth fund 17