Hdfc Asset Management Co. Ltd. · NSE:HDFCAMC
Hdfc Asset Management — Investor Presentation (February 2026)
27 slides from Hdfc Asset Management's investor presentation, February 2026
Slide 1: HDFC Income Plus Arbitrage Omni FOF
1 Aim to build Yield Potential with Lower Volatility HDFC Income Plus Arbitrage Omni FOF NFO Period: 27 Feb to 11 Mar 2026 th th Refer product labelling & riskometer on page 23 to 25 Refer disclaimer on page 26
Slide 2: Dynamic Allocation across Debt-oriented Schemes and Arbitrage Scheme
HDFC Income Plus Arbitrage Omni FOF Dynamic Allocation across Debt-oriented Schemes and Arbitrage Scheme HDFC Income Plus Arbitrage Omni FOF = Active Debt-oriented Schemes + Passive Debt-oriented Schemes + Arbitrage Scheme(s) Active Debt-oriented Schemes Passive Debt-oriented Schemes Arbitrage Schem
Slide 3: Who should invest in HDFC Income Plus Arbitrage Omni FOF?
Who should invest in HDFC Income Plus Arbitrage Omni FOF? I have a higher risk appetite and would want to invest in Debt HDFC Income Plus schemes with higher Arbitrage non-AAA exposure Omni FOF Aims to invest in I want to invest in a I want an experienced units of Domestic product that is Fund Manag
Slide 4: Why invest in HDFC Income Plus Arbitrage Omni FOF?
Why invest in HDFC Income Plus Arbitrage Omni FOF? Particulars Debt Mutual Fund Schemes HDFC Income Plus Arbitrage Omni FOF Invests dynamically in units of Arbitrage Scheme and Active / Passive Debt-oriented Schemes after evaluating various parameters like arbitrage spreads Dynamism in Investments a
Slide 5: Potential to perform well against Debt and Arbitrage
Potential to perform well against Debt and Arbitrage Pre-Tax Rolling Returns (CAGR, %) Post-Tax Rolling Returns (CAGR, %) 40% NIFTY 50 40% NIFTY 50 Arbitrage Index + 60% NIFTY Short NIFTY 50 Arbitrage Index + NIFTY Short NIFTY 50 Particulars Duration Debt Arbitrage Index $ Particulars NIFTY Short Du
Slide 6: Taxation of Fund of Funds investing <65% towards Debt Mutual Fund Schemes
Taxation of Fund of Funds investing <65% towards Debt Mutual Fund Schemes* For Units redeemed on or after April 01, 2025 Particulars Short-Term@ Capital Gains Tax Long-Term@ Capital Gains Tax Debt Mutual Fund Schemes Investor’s Income Tax Slab Rate^ Investor’s Income Tax Slab Rate^ *Fund of Funds wh
Slide 7: Credit Philosophy of HDFC Mutual Fund
1 Credit Philosophy of HDFC Mutual Fund Refer disclaimer on page 26 07/27
Slide 8: Approach to Credit Risk
Approach to Credit Risk Credit Philosophy : Safety, Liquidity & Return (SLR) Approach to Credit Process : Multifaceted & Robust Credit Credit Risk evaluation Credit Execution : Diversification & Sizing Refer disclaimer on page 26 08/27
Slide 9: Multi-faceted Credit Process
Multi-faceted Credit Process Group Company Covenants of debt 08 01 Reputation Collateral pledged 07 02 Sector Outlook to secure debt Internal View on Credit Capacity to pay & External Credit 06 03 Financial Flexibility Rating 05 04 Character of Business Moat Management Independent credit evaluation
Slide 10: Credit Execution: Diversification and Sizing
Credit Execution: Diversification and Sizing Proprietary Factors View on Group Company, Relevant Credit Scoring Financials Parameters, Internal Rating and Outlook Model Function of Credit Score: Weaker the score, Exposure (%) lower the percentage limit of issuer Cumulative Function of credit score,
Slide 11: Results of a Disciplined Credit Process
Results of a Disciplined Credit Process In our opinion, MF Industry has experienced instances of credit stress* in nearly 22 Companies / Groups 18 16 12 Instances of Stress 6 6 0 0 No Exposure of HDFC MF Cases where HDFC MF had exposure, but recovered major NIL exposure under stress in HDFC MF porti
Slide 12: Current Credit Environment
1 Current Credit Environment Refer disclaimer on page 26 12/27
Slide 13: Benign Credit Environment continues
Benign Credit Environment continues Trend in Credit Ratio and Rating Movement Trend in Credit Ratio and Reaffirmation Rate 6 92% 4.0 10Y Average Credit Ratio: 1.4x 19% 20% 90% 10Y Average Upgrade rate: 11% 13% 5 88% 3.0 10Y Average Downgrade rate: 8% 15% 86% 4 2.0 10% 84% 80% 6% 6% 3 82% 1.0 5% 80%
Slide 14: Credit Spreads remain elevated
Credit Spreads remain elevated Exposure to AA- and below YTM differential between Credit Spreads remain ratings in HDFC Credit Risk HDFC Credit Risk Debt Fund attractive and Debt Fund are dynamically and HDFC Corporate Bond above long-term average calibrated in line with Fund also remains above cred
Slide 15: Current Fixed Income Outlook
Current Fixed Income Outlook • Global growth • High frequency indicators • Inflation remains well RBI’s decision to keep the Outlook continues to hold have steadily improved anchored and though it’s policy rate and stance Shorter End: Yields on the up well led by the US over the last few months expe
Slide 16: Summary
Summary Parameters Current Outlook Supportive of Yields falling Growth likely to moderate in H2FY26, but could Growth Real Gross Domestic Product growth has held stabilize in FY27, if the trade related uncertainty up well in India reduce Trending lower led by food inflation and CPI likely to rise in
Slide 17: How does an Arbitrage Fund function?
How does an Arbitrage Fund function? What leads to a widening of arbitrage spreads? Index / Stock Spot Index / Stock Futures and multiple others ↓ Volatile and sustained bull markets lead futures to be priced higher than cash ↓ Arbitrage Funds seek to generate income through This offers potential fo
Slide 18: Risks and Mitigants
Risks and Mitigants Risk Mitigants Risks / Mitigants pertaining to Arbitrage Funds There may be instances where the price spread between cash and derivative market is insufficient Arbitrage Fund provides for allocating upto 100% of assets in debt and money market securities to meet the cost of carry,
Slide 19: Fund Facts
Fund Facts Particulars HDFC Income Plus Arbitrage Omni FOF Type of Scheme An Open-ended Fund of Fund Scheme investing in units of domestic Arbitrage Schemes and active / passive Debt-oriented Schemes To generate income / long-term capital appreciation by investing in units of domestic Arbitrage Sche
Slide 20: Asset Allocation
Asset Allocation Under normal circumstances, the asset allocation (% of Net Assets) of the Scheme's portfolio will be as follows: Minimum Allocation Maximum Allocation Type of Instruments (% of Net Assets) (% of Net Assets) Units of Domestic Arbitrage Schemes and Active / 95% 100 Passive Debt-orient
Slide 21: Scheme Performance – HDFC Credit Risk Debt Fund
Scheme Performance – HDFC Credit Risk Debt Fund Performance^ - Regular Plan - Growth Option NAV as at January 30, 2026 ₹24.9007 (per unit) Value of investment of (₹) 10,000 Scheme Benchmark Additional Benchmark Period Returns (%) Returns (%)# Returns (%)## Scheme (`) Benchmark ( `)# Additional Bench
Slide 22: Scheme Performance – HDFC Corporate Bond Fund
Scheme Performance – HDFC Corporate Bond Fund Performance^ - Regular Plan - Growth Option NAV as at January 30, 2026 ₹33.3601 (per unit) Value of investment of (₹) 10,000 Scheme Benchmark Additional Benchmark Period Returns (%) Returns (%)# Returns (%)## Scheme (`) Benchmark ( `)# Additional Benchma
Slide 23: Product Labelling and Riskometer of HDFC Credit Risk Debt Fund
Product Labelling and Riskometer of HDFC Credit Risk Debt Fund HDFC Credit Risk Debt Fund (An open ended debt scheme Scheme Riskometer# Scheme Riskometer# predominantly investing in AA and below rated corporate NIFTY Credit Risk Bond Index B-II bonds [excluding AA+ rated corporate bonds]) A Relative
Slide 24: Product Labelling and Riskometer of HDFC Corporate Bond Fund
Product Labelling and Riskometer of HDFC Corporate Bond Fund HDFC Corporate Bond Fund (An open ended debt scheme Scheme Riskometer# Scheme Riskometer# predominantly investing in AA+ and above rated corporate NIFTY Corporate Bond Index A-II bonds) A Relatively High Interest Rate Risk and Moderate (As
Slide 25: Product Labelling and Riskometer of HDFC Income Plus Arbitrage Omni FOF
Product Labelling and Riskometer of HDFC Income Plus Arbitrage Omni FOF HDFC Income Plus Arbitrage Omni FOF (An open-ended Fund of Fund Scheme investing in units of Domestic Arbitrage Scheme Riskometer# Schemes and Active / Passive Debt-oriented Schemes) is suitable for investors who are seeking*: •
Slide 26: Disclaimer
Disclaimer The views expressed herein are as of February 20, 2026 and are based on internal data, publicly available information and other sources believed to be reliable. Any calculations made are approximations, meant as guidelines only, which you must confirm before relying on them. The informatio
Slide 27: Thank you
aAHDFC BHAROSA APNO KA
HDFC Asset Management Company — Investor Presentation (February 2026) on 6ix