Give an edge to short term surplus!

HDFC Ultra Short Term Fund

(An Open-ended ultra-short term debt scheme investing in instruments such that the Macaulay Duration^ of the portfolio is between 3 months and 6 months)

Give an edge to short term surplus!

Don't let your short term funds lie idle. Make a smart choice by investing in HDFC Ultra Short Term Fund. The fund aims to maintain a high degree of liquidity while keeping interest rate risk low thereby positioning it to be a suitable product to park short term surplus.

Fund Positioning (Debt Funds)

Long

R E T U R N

Liquid Funds

Ultra Short-term Funds

Money Market Funds

Low Duration Funds

Short Duration Funds

Medium Duration Funds

Duration Funds

MATURITY

Why lower interest rate risk is preferred for short term investments?

Generally, the funds with lower average maturity will have lower Macaulay duration thereby reducing their sensitivity to changes in interest rates. This reduces the volatility of returns making them a suitable solution to park short term surplus.

Why HDFC Ultra Short Term Fund?

Lower interest rate risk

Portfolio Yield to Maturity likely to be higher than Liquid funds

Superior credit quality$

Investment Horizon of 2-6 months

No lock-in, no entry/exit load

Channel to transfer funds systematically to other schemes

^Macaulay Duration (Duration) measures the price volatility of fixed income securities. It is often used in the comparison of interest rate risk between securities with different coupons and different maturities. It is defined as the weighted average time to cash flows of a bond where the weights are nothing but the present value of the cash flows themselves. It is expressed in years. The duration of a fixed income security is always shorter than its term to maturity, except in the case of zero coupon securities where they are the same.

$ 97.7% exposure to AAA & Equivalents as on 30th Apr, 2019. For complete portfolio details, please visit

Fund Facts Category of Scheme

Fund Manager

Benchmark Minimum Purchase Amount

Ultra Short Duration Fund

Anil Bamboli (Dedicated fund manager for overseas investments ? Amar Kalkundrikar)

CRISIL Ultra Short Term Debt Index

5,000 and any amount thereafter

Portfolio Statistics as on 30th April, 2019

Average Maturity* Macaulay Duration* Yield To Maturity* Assets under Management *Computed on the invested amount.

Investment Plans/ Options

160 days 146 days 7.60% 5,811.71 cr

Plans: Regular Plan, Direct Plan. Options under each plan: Growth and Dividend. Dividend Option offers Daily (Reinvestment), Weekly and Monthly (with Payout and Reinvestment) facility.

Exit Load

Nil

Investment Objective

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

HDFC Ultra Short Term Fund (An Open-ended ultra-short term debt scheme investing in instruments such that the Macaulay Duration^ of the portfolio is between 3 months and 6 months) is suitable for investors who are seeking*:

Riskometer

?Income over short term ?Income/capital appreciation through investment in debt securities and money market instruments.

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

Investors understand that their principal will be at moderately low risk

For further details, refer Scheme Information Document and Key Information Memorandum available on or with ISCs/Distributors. HDFC MF/AMC is not guaranteeing/offering/communicating any indicative yield or guaranteed returns made in this scheme.

^Please refer to Page 1 on which the concept of Macaulay's Duration has been explained.

MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.

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