Home » DHFL Default – Are Your Debt Fund Investments Impacted?

DHFL Default – Are Your Debt Fund Investments Impacted?

DHFL Default – Are Your Debt Fund Investments Impacted?

One of the Non-Banking Finance Companies, Dewan Housing Finance Limited (DHFL) recently defaulted on its interest payments. This has caused an uproar because many Mutual Fund houses have invested in DHFL’s bonds.

Naturally many MF investors are worried about what happens to their investments. I am enclosing three information items that might help you navigate this.

1. Fund houses that have the most close-ended schemes invested into DHFL

I have been saying this for a long time now. Avoid close-ended schemes including Fixed Maturity Plans. These are heavily pushed by banks and agents. Once you invest, you are locked in. Getting out in case of trouble is difficult, like it happened with DHFL now, Zee and ILFS earlier.

2. Fund House wise average % exposure (only among schemes that invested in DHFL)

Check if you are invested heavily into the debt funds of the fund house.

3. Schemes with exposure to DHFL:

Scheme Name% of
AUM
DHFL Pramerica Medium Term Fund37.41
DHFL Pramerica Floating Rate Fund31.94
DHFL Pramerica Short Maturity Fund30.46
Tata Corporate Bond Fund28.21
JM Equity Hybrid Fund24.61
Baroda Treasury Advantage Fund21.16
DHFL Pramerica Low Duration Fund20.12
Principal Low Duration Fund19.24
JM Low Duration Fund18.96
Edelweiss Corporate Bond Fund15.00
BNP Paribas Medium Term Fund14.84
Tata Medium Term Fund14.60
JM Income13.15
Baroda Dynamic Bond Fund12.97
BNP Paribas Corporate Bond Fund12.39
Edelweiss Low Duration Fund12.16
Principal Short Term Debt Fund10.94
Edelweiss Short Term Fund10.73
Reliance FHF 29 – Series 1810.39
Reliance FHF 30 – Series 310.26
UTI Dual Advantage FTF – Series II – II10.25
HSBC Short Duration Fund10.24
HSBC FTS 13410.18
HSBC FTS 13510.15
UTI FTIF – Series XXIX – Plan 99.82
Principal Dynamic Bond Fund9.79
UTI FTIF – Series XXIX – Plan 119.79
IDBI Credit Risk Fund9.54
Reliance FHF 30 – Series 149.44
Reliance Prime Debt Fund9.44
HSBC Low Duration Fund9.35
Sundaram Short Term Credit Risk Fund9.22
DHFL Pramerica FDF – Series BE9.15
Aditya Birla Sun Life FTP – Series OW8.95
HSBC FTS 1368.92
Principal Credit Risk Fund8.86
IDBI Ultra Short Term Fund8.70
DHFL Pramerica FDF – Series AZ8.67
Reliance FHF 32 – Series 108.58
Aditya Birla Sun Life FTP – Series QP8.53
UTI FTIF – Series XXV – Plan 68.49
Axis FTP – Series 96 (1124 days)8.47
UTI FTIF – Series XXIX – Plan 38.46
DHFL Pramerica FDF – Series AF8.40
UTI Short Term Income Fund8.39
Axis Hybrid Fund – Series 338.25
UTI FTIF – Series XXV – Plan 98.19
Reliance FHF 35 – Series 168.18
Reliance FHF 35 – Series 58.16
UTI FTIF – Series XXV – Plan 48.15
Tata FMP – Series 55 – Scheme F8.13
Reliance FHF 36 – Series 28.11
UTI Dual Advantage FTF – Series III – III8.10
Reliance FHF 35 – Series 98.09
UTI FTIF – Series XXV – Plan 78.07
DHFL Pramerica FDF – Series BC8.01
UTI FTIF – Series XXV – Plan 17.99
Tata FMP – Series 55 – Scheme E7.97
UTI FTIF – Series XXIV – Plan 157.97
Aditya Birla Sun Life FTP – Series QQ7.94
UTI FTIF – Series XXIV – Plan 177.89
Reliance FHF 31 – Series 67.88
UTI FTIF – Series XXIV – Plan 137.88
UTI FTIF – Series XXV – Plan 27.85
Edelweiss FMP – Series 417.82
Reliance FHF 31 – Series 117.78
Union Corporate Bond Fund7.73
Edelweiss FMP – Series 497.53
UTI Dual Advantage FTF – Series III – II7.52
Axis Hybrid Fund – Series 317.48
UTI FTIF – Series XXV – Plan 87.46
DHFL Pramerica Dual Advantage Fund – S7.38
UTI Dual Advantage FTF – Series II – I7.35
Axis Regular Saver Fund7.34
Aditya Birla Sun Life FTP – Series QH7.31
JM Short Term Fund7.26
Reliance FHF 30 – Series 117.25
LIC MF Savings Fund7.24
Reliance FHF 30 – Series 87.21
Franklin India Corporate Debt Fund*7.11
JM Ultra Short Duration Fund7.06
UTI FTIF – Series XXV – Plan 37.02
Axis Hybrid Fund – Series 327.01
UTI Treasury Advantage Fund6.78
Axis Hybrid Fund – Series 356.74
Sundaram Short Term Debt Fund6.74
Reliance Low Duration Fund6.69
UTI FTIF – Series XXIX – Plan 56.59
UTI Bond Fund6.57
Sundaram Low Duration Fund6.55
Reliance FHF 24 – Series 26.50
Reliance FHF 30 – Series 186.49
Franklin India FMP – Series 4 – Plan D6.39
UTI Fixed Income Interval Fund – Annual6.39
Axis FTP – Series 97 (1116 days)6.31
Aditya Birla Sun Life FTP – Series QW6.24
UTI Dual Advantage FTF – Series II – V6.24
UTI Dual Advantage FTF – Series III – I6.14
Principal Corporate Bond Fund5.99
Sundaram Debt Oriented Hybrid Fund5.94
UTI Dynamic Bond Fund5.90
Axis Corporate Debt Fund5.62
IDBI Short Term Bond Fund5.56
BNP Paribas Short Term Fund5.44
Aditya Birla Sun Life FTP – Series QC5.39
DSP Bond Fund5.23
DSP Strategic Bond Fund5.17
BNP Paribas Low Duration Fund4.76
Axis Credit Risk Fund4.73
IDBI Dynamic Bond Fund4.39
DHFL Pramerica FDF – Series AA4.37
DSP Dual Advantage Fund – Series 46 – 34.30
Reliance Strategic Debt Fund4.19
DHFL Pramerica Credit Risk Fund4.06
Tata Treasury Advantage Fund3.77
DHFL Pramerica FDF – Series AC3.76
UTI Credit Risk Fund3.59
UTI RBP Fund3.53
UTI Regular Savings Fund3.47
UTI ULIP3.45
Franklin India Income Opp*3.41
Principal Balanced Advantage Fund3.37
Axis Strategic Bond Fund3.29
UTI FTIF – Series XXX – Plan 33.20
Baroda Credit Risk Fund3.17
Reliance Ultra Short Duration Fund3.09
L&T Low Duration Fund3.04
Franklin India Low Duration Fund*2.84
L&T Credit Risk Fund2.77
L&T Money Market Fund2.65
L&T Equity Savings Fund2.64
IDBI Hybrid Equity Fund2.61
BOI AXA Conservative Hybrid Fund2.50
UTI Ultra Short Term Fund2.49
Tata Retirement Savings Fund – Moderate2.47
UTI CCF- Savings Plan2.42
Kotak Medium Term Fund2.40
DHFL Pramerica Hybrid Equity Fund2.31
DSP FMP – Series 196 – 37 Months2.28
Baroda Hybrid Equity Fund2.08
Principal Hybrid Equity Fund1.96
DHFL Pramerica FDF – Series AB1.91
BNP Paribas Conservative Hybrid Fund1.89
Axis Dynamic Equity Fund1.82
Mirae Asset Savings Fund ular Savings Pla1.80
DSP Low Duration Fund1.78
BNP Paribas Substantial Equity Hybrid Fun1.75
BOI AXA Credit Risk Fund1.32
Axis Equity Saver Fund1.30
UTI Medium Term Fund1.30
Axis Short Term Fund1.28
L&T Resurgent India Bond Fund1.18
Axis Equity Hybrid Fund1.09
DSP Credit Risk Fund1.03
DSP Dual Advantage Fund – Series 44 – 390.97
Franklin India Dynamic Accrual Fund*0.81
Kotak Low Duration Fund – Std0.80
UTI Hybrid Equity Fund0.77
Franklin India STIP*0.73
Reliance Credit Risk Fund0.73
Tata Hybrid Equity Fund0.67
DSP Equity & Bond Fund0.55
Axis Multicap Fund0.53
DSP Dual Advantage Fund – Series 45 – 380.37
Reliance FHF 31 – Series 150.30
Franklin India Credit Risk Fund*0.23
JM Large Cap Fund0.20
Aditya Birla Sun Life Short Term Opportunity0.06
Reliance FHF 32 – Series 40.05
Aditya Birla Sun Life Low Duration Fund0.03
Franklin India STIP0.02

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