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HDFC Asset Management Company LimitedA Joint Venture with Standard Life Investments Limited
HALF-YEARLY PORTFOLIO STATEMENT OF THE SCHEMES / PLANS OF HDFC MUTUAL FUND AS ON 31ST MARCH 2009[ Pursuant to Regulation 59A of Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 ]
Page: 10 (continued....)¥ Portfolio Turnover Ratio = Lower of purchases or sales of securities during the twelve months ended March 31, 2009 / Average Net Assets during the twelve months ended March 31, 2009.
HDFC GROWTH FUND(AN OPEN-ENDED GROWTH SCHEME)
Name of the Instrument Industry Quantity Market/ % toFair Value NAV
Nestle India Ltd. Consumer Non Durables 160,268 2,494.41 3.13Zee Entertainment Enterprises Ltd Media & Entertainment 2,310,179 2,456.88 3.08Reliance Industries Ltd. Petroleum Products 154,250 2,351.93 2.95Exide Industries Ltd. Auto Ancillaries 5,319,910 2,199.78 2.76Dabur India Ltd Consumer Non Durables 2,050,115 2,033.71 2.55Biocon Limited Pharmaceuticals 1,319,006 1,888.16 2.37Hindustan Petroleum Corporation Ltd. Petroleum Products 633,721 1,706.29 2.14Tata Steel Limited Ferrous Metals 825,000 1,698.68 2.13Infosys Technologies Ltd. Software 120,000 1,588.68 1.99Solar Explosives Limited Chemicals 713,510 1,513.00 1.90Bank of Baroda Banks 619,151 1,450.98 1.82MphasiS Limited Software 700,000 1,422.75 1.79HT Media Limited Media & Entertainment 2,307,000 1,350.75 1.70The Great Eastern Shipping Co. Limited Transportation 673,500 1,277.97 1.60Apollo Tyres Ltd Auto Ancillaries 5,367,120 979.50 1.23Hindustan Unilever Limited Diversified 403,355 957.97 1.20Axis Bank Limited Banks 220,000 912.89 1.15Oil & Natural Gas Corpn Ltd Oil 111,353 868.78 1.09Noida Toll Bridge Company Ltd Transportation 3,607,000 858.47 1.08Coromandel Fertilisers Ltd. Fertilisers 930,000 842.58 1.06Thermax Ltd Industrial Capital Goods 367,366 663.65 0.83Ballarpur Industries Limited Paper 3,967,287 583.19 0.73Indo Rama Synthetics (India) Limited Textiles - Synthetic 2,417,482 494.38 0.62Nagarjuna Construction Co. Ltd Construction Project 711,738 439.85 0.55C & C Constructions Limited Construction 381,996 381.81 0.48Eimco Elecon (India) Ltd. Industrial Capital Goods 276,428 369.72 0.46Amara Raja Batteries Ltd Auto Ancillaries 836,454 306.56 0.38KNR Constructions Limited Construction 710,597 271.45 0.34Maytas Infra Limited Construction 761,912 264.76 0.33ISMT Limited Ferrous Metals 1,175,668 233.96 0.29Disa India Ltd Engineering 12,612 207.69 0.26Ahmednagar Forgings Ltd Industrial Products 424,234 142.12 0.18Technocraft Industries (India) Limited Ferrous Metals 530,345 109.25 0.14Subtotal 66,271.17 83.19(b) Unlisted Nil NilTotal 66,271.17 83.19DEBT INSTRUMENTS(a) Listed / awaiting listing onStock ExchangesGovernment Securities Nil NilNon-Convertible debentures / Bonds Nil Nil(b) Privately Placed / UnlistedNon-Convertible debentures / Bonds Nil Nil(c) Securitized Debt Instruments Nil NilTotal Nil NilMONEY MARKET INSTRUMENTSBills Rediscounting Nil NilCommercial Papers (CP) /Certificate of Deposit (CD) Nil NilTreasury bills Nil NilCollateralised Borrowing &Lending Obligation 10,277.62 12.90Subtotal 10,277.62 12.90Fixed DepositsDeposits (Placed as Margin,maturity not exceeding 301 days)Jammu & Kashmir Bank Ltd. 1,000.00 1.26Subtotal 1,000.00 1.26Total 11,277.62 14.16OTHERSNet Current Assets 2,111.12 2.65Grand Total 79,659.91 100.00
Notes:1) Total NPAs provided for and its percentage to NAV : Nil 2) Total value and percentage of Illiquid Equity
Shares : Nil3) NAVs at a Glance March 31, 2009 September 30, 2008
NAV per Unit (Rs.) Growth Plan 38.730 54.537Dividend Plan 16.682 26.858
4) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.5) Total outstanding exposure in Derivative Instruments: Rs. 4,221.35 Lacs6) Total investments in Foreign Securities / Overseas ETFs: Nil7) Portfolio Turnover Ratio¥ : 75.30%8) Investments in Fixed Deposits : Rs.1,000 Lacs(�) Top Ten Holdings, (+) Industry Classification as recommended by AMFI ($) Sponsor.
HDFC EQUITY FUND(AN OPEN-ENDED GROWTH SCHEME)
Name of the Instrument Industry Quantity Market/ % toFair Value NAV
� State Bank of India Banks 1,350,000 14,405.85 5.82� Reliance Industries Ltd. Petroleum Products 697,923 10,641.58 4.29� Bank of Baroda Banks 4,525,000 10,604.34 4.28� Hero Honda Motors Ltd. Auto 956,989 10,250.79 4.15� Britannia Industries Ltd Consumer Non Durables 688,505 9,639.41 3.90� Crompton Greaves Ltd Industrial Capital Goods 7,578,565 9,359.53 3.79� Rural Electrification Corporation Ltd. Finance 9,700,000 9,321.70 3.77� Sun Pharmaceuticals Industries Ltd Pharmaceuticals 768,877 8,545.68 3.46� United Phosphorous Limited Pesticides 8,150,184 8,007.56 3.24� Oil & Natural Gas Corpn Ltd Oil 1,000,000 7,802.00 3.16
Biocon Limited Pharmaceuticals 4,875,000 6,978.56 2.82Titan Industries Ltd. Consumer Non Durables 876,667 6,853.34 2.77Divi’s Laboratories Limited Pharmaceuticals 724,000 6,836.73 2.77Infosys Technologies Ltd. Software 510,000 6,751.89 2.73ICICI Bank Ltd Banks 2,025,000 6,739.20 2.73GlaxoSmithKline ConsumerHealthcare Limited Consumer Non Durables 945,619 6,659.99 2.69Axis Bank Limited Banks 1,500,000 6,224.25 2.52Dr. Reddy’s Laboratories Ltd. Pharmaceuticals 1,227,000 6,014.75 2.43LIC Housing Finance Ltd Finance 2,450,000 5,497.80 2.22Tata Consultancy Services Limited Software 1,000,000 5,385.50 2.18Bharat Petroleum Corpn. Ltd Petroleum Products 1,320,000 4,963.86 2.01Motherson Sumi Systems Ltd. Auto Ancillaries 6,900,000 4,671.30 1.89AIA Engineering Limited Industrial Capital Goods 3,356,195 4,193.57 1.70HT Media Limited Media & Entertainment 6,777,825 3,968.42 1.61Zee News Limited Media & Entertainment 11,197,358 3,667.13 1.48Housing Development FinanceCorporation Ltd.$ Finance 250,000 3,530.50 1.43Zee Entertainment Enterprises Ltd Media & Entertainment 3,200,900 3,404.16 1.38CMC Ltd Hardware 1,000,000 3,199.50 1.29Jagran Prakashan Limited Media & Entertainment 5,289,670 3,012.47 1.22
Name of the Instrument Industry Quantity Market/ % toFair Value NAV
(Rs. In Lakhs)Tata Steel Limited Ferrous Metals 1,400,000 2,882.60 1.17United Spirits Limited Consumer Non Durables 425,000 2,758.04 1.12Nagarjuna Construction Co. Ltd. Construction Project 4,400,000 2,719.20 1.10Patni Computer Systems Limited Software 2,000,000 2,577.00 1.04Punjab National Bank Banks 600,000 2,468.70 1.00Nestle India Ltd. Consumer Non Durables 156,000 2,427.98 0.98Dishman Pharmaceuticals andChemicals Limited Pharmaceuticals 2,108,207 2,097.67 0.85TV Today Network Limited Media & Entertainment 2,847,069 1,864.83 0.75Jet Airways (India) Ltd. Transportation 1,100,000 1,862.85 0.75IRB Infrastructure Developers Limited Transportation 1,846,710 1,496.76 0.61Dish TV India Limited Media & Entertainment 5,411,124 1,298.67 0.53Motilal Oswal Financial Services Limited Finance 1,689,364 1,295.74 0.52Balkrishna Industries Limited Auto Ancillaries 945,640 1,284.65 0.52Himatsingka Seide Ltd Textile Products 5,206,277 1,207.86 0.49ISMT Limited Ferrous Metals 5,962,399 1,186.52 0.48Savita Chemicals Ltd Chemicals 830,063 1,012.26 0.41Indo Rama Synthetics (India) Limited Textiles - Synthetic 4,638,229 948.52 0.38The Federal Bank Ltd Banks 278,388 383.90 0.16Maruti Suzuki India Limited Auto 1,800 14.04 0.01Subtotal 228,919.15 92.60(b) UnlistedAlberg Software Ltd. £ Software Nil NilSubtotal Nil NilTotal 228,919.15 92.60DEBT INSTRUMENTS(a) Listed / awaiting listing onStock ExchangesGovernment Securities Nil NilNon-Convertible debentures / Bonds Nil Nil(b) Privately Placed / UnlistedNon-Convertible debentures / Bonds Nil Nil(c) Securitized Debt Instruments Nil NilTotal Nil NilMONEY MARKET INSTRUMENTSBills Rediscounting Nil NilCommercial Papers (CP) /Certificate of Deposit (CD) Nil NilTreasury bills Nil NilCollateralised Borrowing &Lending Obligation 3,882.48 1.57Subtotal 3,882.48 1.57Fixed DepositsDeposits(maturity not exceeding 91 days) Nil NilTotal 3,882.48 1.57OTHERSNet Current Assets 14,435.01 5.83Grand Total 247,236.64 100.00
Notes :1) Total NPAs provided for and its percentage to NAV : Nil2) Total value and percentage of Illiquid Equity Shares is as under:
Company Name Quantity Value (Rs.) %Alberg Software Ltd. £ 7,500 Nil Nil
3) NAVs at a Glance March 31, 2009 September 30, 2008NAV per Unit (in Rs.) Growth Plan 108.852 145.721
Dividend Plan 21.854 33.616
4) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.5) Total outstanding exposure in Derivative Instruments : Rs. 4,811.42 Lacs6) Total investments in Foreign Securities / Overseas ETFs : Nil7) Portfolio Turnover Ratio¥ : 80.18%8) Investments in Fixed Deposits : Nil(�) Top Ten Holdings, (+) Industry Classification as recommended by AMFI, ($) Sponsor, (£) Illiquid Shares. Fair Valueas per procedures determined by HDFC AMC in accordance with the guidelines for valuation specified in the SEBI(Mutual Funds) Regulations, 1996, and amendments thereto, as applicable.
HDFC TOP 200 FUND(AN OPEN-ENDED GROWTH SCHEME)
Name of the Instrument Industry Quantity Market/ % to+/Rating Fair Value NAV
Notes :1) Total NPAs provided for and its percentage to NAV : Nil 2) Total value and percentage of Illiquid Equity
Shares : Nil
3) NAVs at a Glance March 31, 2009 September 30, 2008NAV per Unit (in Rs.) Growth Plan 92.552 118.754
Dividend Plan 23.932 35.1754) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.5) Total outstanding exposure in Derivative Instruments : Rs. 1,021.32 Lacs6) Total investments in Foreign Securities / Overseas ETFs : Nil7) Portfolio Turnover Ratio ¥ : 81.41%8) Investments in Fixed Deposits : Nil(�) Top Ten Holdings, (+) Industry Classification as recommended by AMFI, (**) Thinly Traded / Non-Traded Securities,($) Sponsor.
HDFC CAPITAL BUILDER FUND(AN OPEN-ENDED GROWTH SCHEME)
Name of the Instrument Industry Quantity Market/ % toFair Value NAV
HALF-YEARLY PORTFOLIO STATEMENT OF THE SCHEMES / PLANS OF HDFC MUTUAL FUND AS ON 31ST MARCH 2009[ Pursuant to Regulation 59A of Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 ]
Page: 11 (continued....)¥ Portfolio Turnover Ratio = Lower of purchases or sales of securities during the twelve months ended March 31, 2009 / Average Net Assets during the twelve months ended March 31, 2009.
Notes :1) Total NPAs provided for and its percentage to NAV : Nil2) Total value and percentage of Illiquid Equity Shares is as under :
Company Name Quantity Value (Rs.) %Renewable Energy Systems Ltd. £ 90,900 Nil Nil
3) NAVs at a Glance March 31, 2009 September 30, 2008NAV per Unit (in Rs.) Growth Plan 46.604 63.365
Dividend Plan 12.449 20.0074) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.5) Total outstanding exposure in Derivative Instruments : Rs. 2,486.19 Lacs6) Total investments in Foreign Securities / Overseas ETFs : Nil7) Portfolio Turnover Ratio ¥ : 40.62%8) Investments in Fixed Deposits : Nil(•) Top Ten Holdings, (+) Industry Classification as recommended by AMFI, (£) Illiquid Shares. Fair Value as perprocedures determined by HDFC AMC in accordance with the guidelines for valuation specified in the SEBI (MutualFunds) Regulations, 1996 and amendments thereto, as applicable.
� State Bank of India Banks 150,000 1,600.65 6.82� United Phosphorous Limited Pesticides 1,410,000 1,385.33 5.89� ICICI Bank Ltd Banks 410,000 1,364.48 5.80� Infosys Technologies Ltd. Software 95,000 1,257.71 5.35� Dr. Reddy’s Laboratories Ltd. Pharmaceuticals 250,000 1,225.50 5.21� Bank of Baroda Banks 485,000 1,136.60 4.83� Tata Consultancy Services Limited Software 187,500 1,009.78 4.29� Crompton Greaves Ltd. Industrial Capital Goods 800,000 988.00 4.20� United Spirits Limited Consumer Non Durables 138,000 895.55 3.81� Motherson Sumi Systems Ltd. Auto Ancillaries 1,310,821 887.43 3.77
Britannia Industries Ltd. Consumer Non Durables 63,000 882.03 3.75Maruti Suzuki India Limited Auto 100,000 779.85 3.32Zee Entertainment Enterprises Ltd Media & Entertainment 699,376 743.79 3.16Bharat Petroleum Corpn. Ltd Petroleum Products 194,000 729.54 3.10Biocon Limited Pharmaceuticals 507,140 725.97 3.09Bharti Airtel Limited Telecom - Services 112,000 700.84 2.98TV Today Network Limited Media & Entertainment 920,755 603.09 2.57Blue Star Limited Consumer Durables 338,323 525.75 2.24Tata Steel Limited Ferrous Metals 250,000 514.75 2.19KEC International Limited Power 330,000 502.76 2.14HT Media Limited Media & Entertainment 825,100 483.10 2.05Amtek Auto Ltd Auto Ancillaries 648,388 481.75 2.05HDFC Bank Ltd. Banks 45,000 438.03 1.86Hindustan Petroleum Corporation Ltd. Petroleum Products 162,579 437.74 1.86Dishman Pharmaceuticals andChemicals Limited Pharmaceuticals 438,964 436.77 1.86Dish TV India Limited Media & Entertainment 1,491,000 357.84 1.52Pidilite Industries Ltd Chemicals 373,000 315.93 1.34Esab India Ltd Industrial Products 100,607 310.98 1.32Sundram Fasteners Ltd Auto Ancillaries 1,940,000 288.09 1.23Sadbhav Engineering Limited Construction 83,424 265.50 1.13Zee News Limited Media & Entertainment 782,830 256.38 1.09Patni Computer Systems Limited Software 187,500 241.59 1.03Ahmednagar Forgings Ltd Industrial Products 503,900 168.81 0.72Subtotal 22,941.91 97.57(b) Unlisted Nil NilTotal 22,941.91 97.57DEBT INSTRUMENTS(a) Listed / awaiting listing onStock ExchangesGovernment Securities Nil NilNon-Convertible debentures / Bonds Nil Nil(b) Privately Placed / UnlistedNon-Convertible debentures / Bonds Nil Nil(c) Securitized Debt Instruments Nil NilTotal Nil NilMONEY MARKET INSTRUMENTSBills Rediscounting Nil NilCommercial Papers (CP) /Certificate of Deposit (CD) Nil NilTreasury bills Nil NilCollateralised Borrowing &Lending Obligation 464.94 1.98Subtotal 464.94 1.98Fixed DepositsDeposits Nil Nil(maturity not exceeding 91 days)Total 464.94 1.98OTHERSNet Current Assets 105.32 0.45Grand Total 23,512.17 100.00
Notes :1) Total NPAs provided for and its percentage to NAV : Nil2) Total value and percentage of Illiquid Equity Shares : Nil
3) NAVs at a Glance March 31, 2009 September 30, 2008NAV per Unit (in Rs.) Growth Option 15.915 22.656
Dividend Option 10.959 15.6014) Total outstanding exposure in Derivative Instruments : Nil 6) Portfolio Turnover Ratio ¥ : 75.60%5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(�) Top Ten Holdings, (+) Industry Classification as recommended by AMFI.
HDFC PREMIER MULTI-CAP FUND(AN OPEN-ENDED GROWTH SCHEME)
Name of the Instrument Industry Quantity Market/ % toFair Value NAV
Notes :1) Total NPAs provided for and its percentage to NAV : Nil2) Total value and percentage of Illiquid Equity Shares : Nil
3) NAVs at a Glance March 31, 2009 September 30, 2008NAV per Unit (Rs.) Growth Option 11.998 17.249
Dividend Option 8.283 11.9094) Total outstanding exposure in Derivative Instruments : Nil 6) Portfolio Turnover Ratio ¥ : 63.29%5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(�) Top Ten Holdings, (+) Industry Classification as recommended by AMFI.
HDFC INDEX FUND - SENSEX PLAN(AN OPEN-ENDED INDEX LINKED SCHEME)
Name of the Instrument Industry Quantity Market/ % toFair Value NAV
Notes :1) Total NPAs provided for and its percentage to NAV : Nil2) Total value and percentage of Illiquid Equity Shares : Nil
3) NAVs at a Glance March 31, 2009 September 30, 2008NAV Per Unit (Rs.) [Face value per Unit = 32.161]
Growth Option 82.6830 112.5567
4) Total outstanding exposure in Derivative Instruments : Nil 6) Portfolio Turnover Ratio ¥ : 117.27%5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(�) Top Ten Holdings, (+) Industry Classification as recommended by AMFI, ($) Sponsor.
HDFC INDEX FUND - NIFTY PLAN(AN OPEN-ENDED INDEX LINKED SCHEME)
Name of the Instrument Industry Quantity Market/ % toFair Value NAV
� Reliance Industries Ltd. Petroleum Products 19,910 303.58 11.48� Oil & Natural Gas Corpn Ltd Oil 27,059 211.11 7.98� NTPC Limited Power 104,315 187.61 7.09� Bharti Airtel Limited Telecom - Services 24,008 150.23 5.67� Infosys Technologies Ltd. Software 7,247 95.94 3.62� Bharat Heavy Electricals Ltd Industrial Capital Goods 6,193 93.55 3.53� ITC Ltd. Consumer Non Durables 47,751 88.27 3.33� State Bank of India Banks 8,032 85.71 3.24� Tata Consultancy Services Limited Software 12,380 66.67 2.52� Hindustan Unilever Limited Diversified 27,577 65.50 2.47
Reliance Petroleum Limited Petroleum Products 56,930 54.14 2.04HDFC Bank Ltd. Banks 5,382 52.39 1.98Power Grid Corporation of India Limited Power 53,246 50.90 1.92Housing DevelopmentFinance Corporation Ltd $ Finance 3,598 50.81 1.92Steel Authority of India Ltd. Ferrous Metals 52,254 50.40 1.90Larsen & Toubro Limited Construction Project 7,409 49.74 1.88ICICI Bank Ltd Banks 14,079 46.85 1.77Reliance Communications Limited Telecom - Services 26,113 45.66 1.72Wipro Ltd Software 18,521 45.54 1.72Cairn India Limited Oil 23,995 44.17 1.67GAIL (India) Limited Gas 16,047 39.41 1.49DLF Limited Construction 21,472 35.92 1.36Sterlite Industries ( India ) Limited Non - Ferrous Metals 8,963 32.05 1.21Reliance Power Limited Power 30,322 31.03 1.17Sun Pharmaceuticals Industries Ltd Pharmaceuticals 2,621 29.13 1.10Maruti Suzuki India Limited Auto 3,656 28.51 1.08Hero Honda Motors Ltd. Auto 2,526 27.06 1.02Cipla Ltd. Pharmaceuticals 9,834 21.64 0.82Tata Power Co. Ltd. Power 2,802 21.54 0.81Idea Cellular Limited Telecom - Services 39,220 19.65 0.74Axis Bank Limited Banks 4,696 19.49 0.74Tata Steel Limited Ferrous Metals 9,245 19.04 0.72Tata Communications Limited Telecom - Services 3,605 18.69 0.71Grasim Industries Ltd. Cement 1,159 18.34 0.69National Aluminium Company Limited Non - Ferrous Metals 8,151 17.50 0.66Bharat Petroleum Corpn. Ltd Petroleum Products 4,574 17.20 0.65Punjab National Bank Banks 3,985 16.40 0.62Reliance Infrastructure Limited Power 2,882 14.86 0.56ACC Limited Cement 2,374 13.64 0.52Ambuja Cements Ltd Cement 19,263 13.60 0.51Mahindra & Mahindra Ltd. Auto 3,528 13.54 0.51ABB Limited Industrial Capital Goods 2,681 11.44 0.43Siemens Ltd Industrial Capital Goods 4,266 11.44 0.43Hindalco Industries Ltd. Non - Ferrous Metals 21,514 11.20 0.42Reliance Capital Ltd. Finance 3,107 10.98 0.41Tata Motors Limited Auto 5,692 10.26 0.39Ranbaxy Laboratories Ltd Pharmaceuticals 5,318 8.81 0.33HCL Technologies Ltd Software 8,473 8.65 0.33Suzlon Energy Limited Industrial Capital Goods 18,955 8.03 0.30Unitech Ltd Construction 20,538 7.17 0.27Subtotal 2,394.99 90.45(b) Unlisted Nil NilTotal 2,394.99 90.45DEBT INSTRUMENTS(a) Listed / awaiting listing onStock ExchangesGovernment Securities Nil NilNon-Convertible debentures / Bonds Nil Nil(b) Privately Placed / UnlistedNon-Convertible debentures / Bonds Nil Nil(c) Securitized Debt Instruments Nil NilTotal Nil NilMONEY MARKET INSTRUMENTSBills Rediscounting Nil NilCommercial Papers (CP) /Certificate of Deposit (CD) Nil NilTreasury bills Nil NilCollateralised Borrowing &Lending Obligation 11.00 0.42Subtotal 11.00 0.42Fixed DepositsDeposits(maturity not exceeding 91 days) Nil NilTotal 11.00 0.42OTHERSNet Current Assets 241.65 9.13Grand Total 2,647.64 100.00
Notes :1) Total NPAs provided for and its percentage to NAV : Nil2) Total value and percentage of Illiquid Equity Shares : Nil
3) NAVs at a Glance March 31, 2009 September 30, 2008NAV Per Unit (Rs.) [Face value per Unit = Rs. 10.326]
Growth Option 27.2364 35.0608
4) Total outstanding exposure in Derivative Instruments : Nil 6) Portfolio Turnover Ratio ¥ : 168.91%5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(�) Top Ten Holdings, (+) Industry Classification as recommended by AMFI, ($) Sponsor
HDFC INDEX FUND - SENSEX PLUS PLAN(AN OPEN-ENDED INDEX LINKED SCHEME)
Name of the Instrument Industry Quantity Market/ % toFair Value NAV
HALF-YEARLY PORTFOLIO STATEMENT OF THE SCHEMES / PLANS OF HDFC MUTUAL FUND AS ON 31ST MARCH 2009[ Pursuant to Regulation 59A of Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 ]
Page: 12 (continued....)¥ Portfolio Turnover Ratio = Lower of purchases or sales of securities during the twelve months ended March 31, 2009 / Average Net Assets during the twelve months ended March 31, 2009.
Name of the Instrument Industry Quantity Market/ % to+/Rating Fair Value NAV
Notes :1) Total NPAs provided for and its percentage to NAV : Nil2) Total value and percentage of Illiquid Equity Shares : Nil
3) NAVs at a Glance March 31, 2009 September 30, 2008NAV Per Unit (Rs.) [Face value per Unit = Rs. 32.161]
Growth Option 111.6689 142.82344) Total outstanding exposure in Derivative Instruments : Nil 6) Portfolio Turnover Ratio ¥ : 104.76%5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(�) Top Ten Holdings, (+) Industry Classification as recommended by AMFI, ($) Sponsor, # Non Sensex Scrips.
HDFC BALANCED FUND(AN OPEN-ENDED BALANCED SCHEME)
Name of the Instrument Industry Quantity Market/ % to+/Rating Fair Value NAV
Notes :1) Total NPAs provided for and its percentage to NAV : Nil2) Total value and percentage of Illiquid Equity Shares : Nil
3) NAVs at a Glance March 31, 2009 September 30, 2008NAV per Unit (Rs.) Growth Plan 25.938 31.826Dividend Plan 11.470 16.022
4) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.5) Total outstanding exposure in Derivative Instruments : Nil 7) Portfolio Turnover Ratio ¥ : 30.92%6) Total investments in Foreign Securities / Overseas ETFs : Nil 8) Investments in Fixed Deposits : Nil(�) Top Ten Holdings, (+) Industry Classification as recommended by AMFI, (**) Thinly Traded / Non-Traded Securities,($) Sponsor.
HDFC PRUDENCE FUND(AN OPEN-ENDED BALANCED SCHEME)
Name of the Instrument Industry Quantity Market/ % to+/Rating Fair Value NAV
� GlaxoSmithKline ConsumerHealthcare Limited Consumer Non Durables 900,000 6,338.70 3.68
� State Bank of India Banks 440,000 4,695.24 2.72� Crompton Greaves Ltd Industrial Capital Goods 3,737,500 4,615.81 2.68� Bank of Baroda Banks 1,968,800 4,613.88 2.67� Sun Pharmaceuticals Industries Ltd Pharmaceuticals 362,819 4,032.55 2.34� Oil & Natural Gas Corpn Ltd Oil 500,000 3,901.00 2.26� Titan Industries Ltd. Consumer Non Durables 498,424 3,896.43 2.26
LIC Housing Finance Ltd Finance 1,695,000 3,803.58 2.20Rural Electrification Corporation Ltd. Finance 3,918,224 3,765.41 2.18Divi’s Laboratories Limited Pharmaceuticals 390,500 3,687.49 2.14United Phosphorous Limited Pesticides 3,550,000 3,487.88 2.02ICICI Bank Ltd Banks 1,020,000 3,394.56 1.97AIA Engineering Limited Industrial Capital Goods 2,650,000 3,311.18 1.92Hero Honda Motors Ltd. Auto 300,000 3,213.45 1.86Britannia Industries Ltd Consumer Non Durables 210,365 2,945.22 1.71Apollo Tyres Ltd Auto Ancillaries 16,050,000 2,929.13 1.70Page Industries Limited Textile Products 779,539 2,845.32 1.65The Federal Bank Ltd Banks 2,038,012 2,810.42 1.63Jagran Prakashan Limited Media & Entertainment 4,885,668 2,782.39 1.61Tata Consultancy Services Limited Software 500,000 2,692.75 1.56Bharat Petroleum Corpn. Ltd Petroleum Products 700,000 2,632.35 1.53Reliance Industries Ltd. Petroleum Products 170,000 2,592.08 1.50HT Media Limited Media & Entertainment 4,366,965 2,556.86 1.48Procter & Gamble Hygiene andHealth Care Limited Consumer Non Durables 340,143 2,553.96 1.48Zee News Limited Media & Entertainment 6,969,745 2,282.59 1.323M India Limited Trading 252,531 2,264.95 1.31IPCA Laboratories Ltd. Pharmaceuticals 656,763 2,170.27 1.26Axis Bank Limited Banks 500,000 2,074.75 1.20Esab India Ltd Industrial Products 648,305 2,003.91 1.16Patni Computer Systems Limited Software 1,500,000 1,932.75 1.12Shree Cements Ltd Cement 267,000 1,897.04 1.10Punjab National Bank Banks 450,000 1,851.53 1.07Ballarpur Industries Limited Paper 11,700,000 1,719.90 1.00Nestle India Ltd. Consumer Non Durables 101,840 1,585.04 0.92Merck Limited Pharmaceuticals 412,500 1,488.71 0.86Tata Steel Limited Ferrous Metals 700,000 1,441.30 0.84KEC International Limited Power 900,000 1,371.15 0.79Zee Entertainment Enterprises Ltd Media & Entertainment 1,241,092 1,319.90 0.76Grindwell Norton Limited Industrial Products 1,626,001 1,249.58 0.72Wipro Ltd Software 500,000 1,229.50 0.71Pidilite Industries Ltd Chemicals 1,438,812 1,218.67 0.71Aarti Industries Ltd. Chemicals 3,529,794 1,000.70 0.58TV Today Network Limited Media & Entertainment 1,513,936 991.63 0.57Dishman Pharmaceuticals andChemicals Limited Pharmaceuticals 988,087 983.15 0.57Elecon Engineering Co Ltd Industrial Capital Goods 3,018,941 937.38 0.54Punj Lloyd Limited Construction Project 1,000,000 910.00 0.53Shanthi Gears Ltd Auto Ancillaries 3,241,645 833.10 0.48Dr. Reddy’s Laboratories Ltd. Pharmaceuticals 150,000 735.30 0.43Nagarjuna Construction Co. Ltd Construction Project 1,175,000 726.15 0.42Blue Star Limited Consumer Durables 460,000 714.84 0.41Eveready Industries India Limited Consumer Non Durables 3,685,869 656.08 0.38Biocon Limited Pharmaceuticals 450,000 644.18 0.37Himatsingka Seide Ltd Textile Products 2,738,320 635.29 0.37Ahmednagar Forgings Ltd Industrial Products 1,867,572 625.64 0.36Savita Chemicals Ltd Chemicals 488,278 595.46 0.35Maharashtra Seamless Ltd Ferrous Metals 405,749 578.40 0.34Motilal Oswal Financial Services Limited Finance 698,113 535.45 0.31Infosys Technologies Ltd. Software 40,000 529.56 0.31Balkrishna Industries Limited Auto Ancillaries 287,335 390.34 0.23United Spirits Limited Consumer Non Durables 50,000 324.48 0.19Indo Rama Synthetics (India) Limited Textiles - Synthetic 1,500,000 306.75 0.18ISMT Limited Ferrous Metals 1,405,098 279.61 0.16Simplex Infrastructures Limited Construction 140,863 221.51 0.13Uniphos Enterprises Limited Trading 1,098,228 153.75 0.09Subtotal 127,507.93 73.90(b) UnlistedAlberg Software Ltd. £ Software 7,500 Nil NilSubtotal Nil NilTotal 127,507.93 73.90DEBT INSTRUMENTS(a) Listed / awaiting listing onStock ExchangesGovernment Securities7.61 % GOI 2015 SOV 250,000 250.13 0.14Subtotal 250.13 0.14Non-Convertible debentures / Bonds
� Indian Railways Finance Corporation Ltd.** AAA 850 9,478.42 5.50� State Bank of India** AAA 600 6,315.93 3.66� Power Finance Corporation Ltd** AAA 525 5,808.38 3.37
Housing Development FinanceCorporation Ltd.**$ AAA 300 3,151.13 1.83Axis Bank Ltd.** AAA 300 2,984.92 1.73Punjab National Bank** AAA 200 2,069.48 1.20National Bank for Agriculture andRural Development** AAA 150 1,569.23 0.91Infrastructure DevelopmentFinance Company Ltd** AAA (I) 150 1,569.15 0.91State Bank of Indore** AAA 150 1,542.33 0.89State Bank of Bikaner & Jaipur** AAA 100 1,030.53 0.60ICICI Bank Ltd.** AAA 7,551 739.37 0.43State Bank of Patiala** AAA 50 522.87 0.30Subtotal 36,781.74 21.33(b) Privately Placed / UnlistedNon-Convertible debentures / Bonds Nil Nil(c) Securitized Debt InstrumentsJet Airways (India) Ltd.** AAA (SO) 900,000 473.61 0.27Subtotal 473.61 0.27Total 37,505.48 21.74MONEY MARKET INSTRUMENTSBills Rediscounting Nil NilCommercial Papers (CP) /Certificate of Deposit (CD) Nil NilTreasury bills Nil NilCollateralised Borrowing &Lending Obligation 65.99 0.04Subtotal 65.99 0.04Fixed DepositsDeposits(maturity not exceeding 91 days) Nil NilTotal 65.99 0.04OTHERS
Name of the Instrument Industry Quantity Market/ % to+/Rating Fair Value NAV
(Rs. In Lakhs)Net Current Assets 7,461.93 4.32Grand Total 172,541.33 100.00
Notes :1) Total NPAs provided for and its percentage to NAV : Nil2) Total value and percentage of Illiquid Equity Shares is as under :
Company Name Quantity Value (Rs.) %Alberg Software Ltd. £ 7,500 Nil Nil
3) NAVs at a Glance March 31, 2009 September 30, 2008NAV per Unit (Rs.) Growth Plan 91.474 114.111
Dividend Plan 15.823 23.0494) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.5) Total outstanding exposure in Derivative Instruments : Nil 7) Portfolio Turnover Ratio ¥ : 59.67%6) Total investments in Foreign Securities / Overseas ETFs : Nil 8) Investments in Fixed Deposits : Nil(�) Top Ten Holdings, (+) Industry Classification as recommended by AMFI, ($) Sponsor, (**) Thinly Traded /Non-Traded Securities, (£) Illiquid Shares. Fair Value as per procedures determined by HDFC AMC in accordance withthe guidelines for valuation specified in the SEBI (Mutual Funds) Regulations, 1996, and amendments thereto, asapplicable.
HDFC CHILDREN’S GIFT FUND - INVESTMENT PLAN(AN OPEN-ENDED BALANCED SCHEME)
Name of the Instrument Industry Quantity Market/ % to+/Rating Fair Value NAV
Notes :1) Total NPAs provided for and its percentage to NAV : Nil2) Total value and percentage of Illiquid Equity Shares : Nil
3) NAVs at a Glance March 31, 2009 September 30, 2008NAV per Unit (Rs.) Growth Option 19.367 23.988
4) Total outstanding exposure in Derivative Instruments (Interest Rate Swap): Rs. 500 Lacs5) Total investments in Foreign Securities / Overseas ETFs : Nil6) Portfolio Turnover Ratio ¥ : 18.21%7) Investments in Fixed Deposits : Nil(�) Top Ten Holdings, (+) Industry Classification as recommended by AMFI, (**) Thinly Traded / Non-Traded Securities,($) Sponsor.
HDFC CHILDREN’S GIFT FUND - SAVINGS PLAN(AN OPEN-ENDED BALANCED SCHEME)
Name of the Instrument Industry Quantity Market/ % to+/Rating Fair Value NAV
HALF-YEARLY PORTFOLIO STATEMENT OF THE SCHEMES / PLANS OF HDFC MUTUAL FUND AS ON 31ST MARCH 2009[ Pursuant to Regulation 59A of Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 ]
Page: 13 (continued....)¥ Portfolio Turnover Ratio = Lower of purchases or sales of securities during the twelve months ended March 31, 2009 / Average Net Assets during the twelve months ended March 31, 2009.
Name of the Instrument Industry Quantity Market/ % to+/Rating Fair Value NAV
(Rs. In Lakhs)Biocon Limited Pharmaceuticals 18,000 25.77 0.51IPCA Laboratories Ltd. Pharmaceuticals 7,500 24.78 0.49Wyeth Limited Pharmaceuticals 5,700 23.84 0.47Crompton Greaves Ltd Industrial Capital Goods 18,000 22.23 0.44Blue Star Limited Consumer Durables 14,000 21.76 0.43Shanthi Gears Ltd Auto Ancillaries 80,000 20.56 0.41Banco Products (I) Ltd Auto Ancillaries 104,976 19.47 0.38The Federal Bank Ltd Banks 14,000 19.31 0.38ICICI Bank Ltd Banks 5,800 19.30 0.38AIA Engineering Limited Industrial Capital Goods 15,000 18.74 0.37Vesuvius India Ltd Industrial Products 21,500 16.99 0.34Torrent Cables Ltd. Pharmaceuticals 26,323 15.24 0.30Thermax Ltd Industrial Capital Goods 8,000 14.45 0.29Sadbhav Engineering Limited Construction 4,000 12.73 0.25Subtotal 641.35 12.67(b) Unlisted Nil NilTotal 641.35 12.67DEBT INSTRUMENTS(a) Listed / awaiting listing onStock ExchangesGovernment Securities Nil NilNon-Convertible debentures / Bonds
� Power Finance Corporation Ltd** AAA 75 772.72 15.27� Housing Development
Finance Corporation Ltd.$ AAA 60 591.66 11.69� ICICI Bank Ltd.** AAA 3,526 359.27 7.10� National Bank for Agriculture and
Rural Development** AAA 30 303.70 6.00� State Bank of India** AAA 25 263.16 5.20� DSP Merrill Lynch Capital Ltd.** AA+ (SO) 25 244.36 4.83� Sundaram Finance Ltd.** AA+ 20 196.20 3.88� Citi Financial Consumer Finance (I) Ltd** AA 20 192.30 3.80
� Grasim Industries Ltd.** AAA (SO) 10 593.84 11.74� Credit Asset Trust Series XVII ** AA (SO) 4 394.43 7.79
Bajaj Auto Ltd.** AAA (SO) 3 168.02 3.32Subtotal 1,156.29 22.85Total 4,147.38 81.96MONEY MARKET INSTRUMENTSBills Rediscounting Nil NilCommercial Papers (CP) /Certificate of Deposit (CD) Nil NilTreasury bills Nil NilCollateralised Borrowing &Lending Obligation Nil NilFixed DepositsDeposits(maturity not exceeding 91 days) Nil NilTotal Nil NilOTHERSNet Current Assets 271.62 5.37Grand Total 5,060.35 100.00
Notes :1) Total NPAs provided for and its percentage to NAV : Nil2) Total value and percentage of Illiquid Equity Shares : Nil
3) NAVs at a Glance March 31, 2009 September 30, 2008NAV per Unit (Rs.) - Growth Option 16.322 16.275
4) Total outstanding exposure in Derivative Instruments : Nil 7) Investments in Fixed Deposits : Nil5) Total investments in Foreign Securities / Overseas ETFs : Nil6) Average Portfolio Maturity : 2.22 years (other than equity investments)(�) Top Ten Holdings, (+) Industry Classification as recommended by AMFI, (**) Thinly Traded / Non-Traded Securities,($) Sponsor.
HDFC LONG TERM ADVANTAGE FUND(PREVIOUSLY HDFC TAX PLAN 2000) (AN OPEN-ENDED
EQUITY LINKED SAVINGS SCHEME WITH A LOCK IN PERIOD OF 3 YEARS)
Name of the Instrument Industry Quantity Market/ % toFair Value NAV
Notes :1) Total NPAs provided for and its percentage to NAV : Nil2) Total value and percentage of Illiquid Equity Shares : Nil
3) NAVs at a Glance March 31, 2009 September 30, 2008NAV per Unit (Rs.) Growth Plan 59.209 82.286
Dividend Plan 19.313 32.0044) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.5) Total outstanding exposure in Derivative Instruments : Rs. 410.41 Lacs6) Total investments in Foreign Securities / Overseas ETFs : Nil7) Portfolio Turnover Ratio ¥ : 29.35%8) Investments in Fixed Deposits : Nil(�) Top Ten Holdings, (+) Industry Classification as recommended by AMFI, ($) Sponsor.
Britannia Industries Ltd Consumer Non Durables 209,774 2,936.94 2.87MphasiS Limited Software 1,433,000 2,912.57 2.85Tata Consultancy Services Limited Software 539,347 2,904.65 2.84Dabur India Ltd Consumer Non Durables 2,885,102 2,862.02 2.80Sun Pharmaceuticals Industries Ltd Pharmaceuticals 251,402 2,794.21 2.73Container Corporation of India Limited Transportation 384,000 2,760.58 2.70United Phosphorous Limited Pesticides 2,748,990 2,700.88 2.64Bank of Baroda Banks 1,000,000 2,343.50 2.29Axis Bank Limited Banks 554,620 2,301.40 2.25Zee Entertainment Enterprises Ltd Media & Entertainment 1,700,000 1,807.95 1.77Carborundum Universal Ltd Industrial Products 2,184,300 1,720.14 1.68Procter & Gamble Hygiene andHealth Care Limited Consumer Non Durables 226,762 1,702.64 1.67Biocon Limited Pharmaceuticals 1,183,000 1,693.46 1.66Thermax Ltd Industrial Capital Goods 928,695 1,677.69 1.64HT Media Limited Media & Entertainment 2,862,283 1,675.87 1.64Motherson Sumi Systems Ltd. Auto Ancillaries 2,411,686 1,632.71 1.60IPCA Laboratories Ltd. Pharmaceuticals 458,659 1,515.64 1.48GlaxoSmithKline ConsumerHealthcare Limited Consumer Non Durables 210,000 1,479.03 1.45Hindustan Petroleum Corporation Ltd. Petroleum Products 532,000 1,432.41 1.40Jagran Prakashan Limited Media & Entertainment 2,511,993 1,430.58 1.40Apollo Tyres Ltd Auto Ancillaries 7,059,813 1,288.42 1.26Tata Steel Limited Ferrous Metals 600,000 1,235.40 1.21HDFC Bank Ltd. Banks 125,000 1,216.75 1.19Larsen & Toubro Limited Construction Project 180,000 1,208.52 1.18Amtek Auto Ltd Auto Ancillaries 1,590,233 1,181.54 1.16United Spirits Limited Consumer Non Durables 177,999 1,155.12 1.13Motilal Oswal Financial Services Limited Finance 1,341,450 1,028.89 1.01The Federal Bank Ltd Banks 705,418 972.77 0.95Pidilite Industries Ltd Chemicals 1,000,000 847.00 0.83Wyeth Limited Pharmaceuticals 200,000 836.40 0.82Maruti Suzuki India Limited Auto 79,400 619.20 0.61Sundram Fasteners Ltd Auto Ancillaries 4,055,000 602.17 0.59Kotak Mahindra Bank Limited Banks 200,000 564.40 0.55Ballarpur Industries Limited Paper 3,800,000 558.60 0.55Patni Computer Systems Limited Software 410,000 528.29 0.52Sadbhav Engineering Limited Construction 153,850 489.63 0.48KEC International Limited Power 291,976 444.83 0.44Punj Lloyd Limited Construction Project 400,000 364.00 0.363M India Limited Trading 12,800 114.80 0.11Global Vectra Helicorp Limited Transportation 216,000 54.00 0.05Nelcast Limited Industrial Products 91,719 20.82 0.02Subtotal 93,751.88 91.72(b) Unlisted Nil NilTotal 93,751.88 91.72DEBT INSTRUMENTS(a) Listed / awaiting listing onStock ExchangesGovernment Securities Nil NilNon-Convertible debentures / Bonds Nil Nil(b) Privately Placed / UnlistedNon-Convertible debentures / Bonds Nil Nil(c) Securitized Debt Instruments Nil NilTotal Nil NilMONEY MARKET INSTRUMENTSBills Rediscounting Nil NilCommercial Papers (CP) /Certificate of Deposit (CD) Nil NilSubtotal Nil NilTreasury bills Nil NilCollateralised Borrowing &Lending Obligation 4,092.45 4.00Subtotal 4,092.45 4.00Fixed DepositsDeposits(maturity not exceeding 91 days) Nil NilTotal 4,092.45 4.00OTHERSNet Current Assets 4,377.64 4.28Grand Total 102,221.97 100.00
Notes :1) Total NPAs provided for and its percentage to NAV : Nil2) Total value and percentage of Illiquid Equity Shares : Nil
3) NAVs at a Glance March 31, 2009 September 30, 2008NAV per Unit (Rs.) Growth Plan 97.063 132.682
Dividend Plan 30.193 49.0534) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.5) Total outstanding exposure in Derivative Instruments : Rs. 809.05 Lacs6) Total investments in Foreign Securities / Overseas ETFs : Nil7) Portfolio Turnover Ratio ¥ : 54.96%8) Investments in Fixed Deposits : Nil(�) Top Ten Holdings, (+) Industry Classification as recommended by AMFI.
HDFC ARBITRAGE FUND(AN OPEN-ENDED EQUITY FUND)
Name of the Instrument Industry Quantity Market/ % to+/Rating Fair Value NAV
Accessories 393,000 941.63 2.84� Jindal Steel & Power Ltd. Ferrous Metals 75,520 910.43 2.74� ICICI Bank Ltd Banks 225,400 750.13 2.26� State Bank of India Banks 69,960 746.54 2.25� Housing Development
HALF-YEARLY PORTFOLIO STATEMENT OF THE SCHEMES / PLANS OF HDFC MUTUAL FUND AS ON 31ST MARCH 2009[ Pursuant to Regulation 59A of Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 ]
Page: 14 (continued....)¥ Portfolio Turnover Ratio = Lower of purchases or sales of securities during the twelve months ended March 31, 2009 / Average Net Assets during the twelve months ended March 31, 2009.
Name of the Instrument Industry Quantity Market/ % to+/Rating Fair Value NAV
4) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.5) Total outstanding exposure in Derivative Instruments : Rs. 22,630 Lacs6) Total investments in Foreign Securities / Overseas ETFs : Nil7) Portfolio Turnover Ratio ¥ : 248.64%8) Investments in Fixed Deposits : Rs. 8,040.00 Lacs(�) Top Ten Holdings, (+) Industry Classification as recommended by AMFI, (##) All dividends are on face value ofRs.10 per Unit, ($) Sponsor.
HDFC LONG TERM EQUITY FUND(A 5 year close-ended Equity Scheme with automatic conversion
into an open-ended Scheme upon maturity)
Name of the Instrument Industry Quantity Market/ % to+/Rating Fair Value NAV
Notes:1) Total NPAs provided for and its percentage to NAV : Nil2) Total value and percentage of Illiquid Equity Shares : Nil
3) NAVs at a Glance March 31, 2009 September 30, 2008NAV per Unit (Rs.) Growth Option 7.512 10.258
Dividend Option 6.874 9.3884) Total outstanding exposure in Derivative Instruments: Rs. 2,562.96 Lacs5) Total investments in Foreign Securities / Overseas ETFs : Nil6) Portfolio Turnover Ratio ¥ : 74.83%7) Investments in Fixed Deposits : Nil(�) Top Ten Holdings, (+) Industry Classification as recommended by AMFI, (**) Thinly Traded / Non-Traded Securities,($) Sponsor.
HDFC MID-CAP OPPORTUNITIES FUND(A 3 year Close-ended Equity Scheme with automatic
conversion into an open-ended scheme upon maturity)
Name of the Instrument Industry Quantity Market/ % toFair Value NAV
� GlaxoSmithKline ConsumerHealthcare Limited Consumer Non Durables 480,000 3,380.64 4.80
� United Phosphorous Limited Pesticides 2,921,414 2,870.29 4.07� Castrol India Ltd Petroleum Products 829,316 2,718.91 3.86� Crompton Greaves Ltd Industrial Capital Goods 2,122,500 2,621.29 3.72� Marico Limited Consumer Non Durables 4,196,767 2,530.65 3.60� Britannia Industries Ltd Consumer Non Durables 162,631 2,276.92 3.24� Axis Bank Limited Banks 525,000 2,178.49 3.10� Hindustan Petroleum Corporation Ltd. Petroleum Products 800,000 2,154.00 3.06� Colgate Palmolive (India) Ltd Consumer Non Durables 440,000 2,073.28 2.95� ICICI Bank Ltd Banks 550,000 1,830.40 2.60
The Federal Bank Ltd Banks 1,247,270 1,719.99 2.45Dabur India Ltd Consumer Non Durables 1,725,000 1,711.20 2.43Divi’s Laboratories Limited Pharmaceuticals 180,000 1,699.74 2.42Union Bank of India Banks 1,100,000 1,615.35 2.30Pidilite Industries Ltd Chemicals 1,749,770 1,482.06 2.11Exide Industries Ltd. Auto Ancillaries 3,336,229 1,379.53 1.96Carborundum Universal Ltd Industrial Products 1,735,407 1,366.63 1.94Bharat Electronics Ltd Industrial Capital Goods 153,448 1,356.94 1.93Biocon Limited Pharmaceuticals 947,495 1,356.34 1.93IPCA Laboratories Ltd. Pharmaceuticals 400,000 1,321.80 1.88Jain Irrigation Systems Limited Industrial Products 385,000 1,315.93 1.87United Spirits Limited Consumer Non Durables 200,000 1,297.90 1.85Container Corporation of India Limited Transportation 176,511 1,268.94 1.80Solar Explosives Limited Chemicals 583,180 1,236.63 1.76Aventis Pharma Limited Pharmaceuticals 125,000 1,228.00 1.75Micro Inks Limited Chemicals 861,229 1,162.66 1.65Zee Entertainment Enterprises Ltd Media & Entertainment 1,000,000 1,063.50 1.51Amara Raja Batteries Ltd Auto Ancillaries 2,775,000 1,017.04 1.45The Paper Products Limited Industrial Products 2,688,217 970.45 1.38Blue Star Limited Consumer Durables 600,000 932.40 1.33Esab India Ltd Industrial Products 297,300 918.95 1.31Indraprastha Gas Limited Gas 805,500 881.62 1.25Dishman Pharmaceuticalsand Chemicals Limited Pharmaceuticals 846,375 842.14 1.20Thermax Ltd Industrial Capital Goods 457,676 826.79 1.18Punj Lloyd Limited Construction Project 900,000 819.00 1.16Amtek India Limited Auto Ancillaries 2,512,850 766.42 1.09Jagran Prakashan Limited Media & Entertainment 1,302,905 742.00 1.05LIC Housing Finance Ltd Finance 330,000 740.52 1.05Dr. Reddy’s Laboratories Ltd. Pharmaceuticals 150,000 735.30 1.05Maharashtra Seamless Ltd Ferrous Metals 513,100 731.42 1.04Sintex Industries Ltd. Industrial Products 694,883 679.94 0.97Tata Elxsi (India) Ltd Software 737,500 606.23 0.86VIP Industries Ltd. Consumer Non Durables 1,774,670 604.28 0.86Sundram Fasteners Ltd Auto Ancillaries 4,061,502 603.13 0.86NRB Bearing Limited Industrial Products 1,692,000 554.98 0.79Shriram Transport Finance Co. Ltd. Finance 298,527 549.89 0.78Grindwell Norton Limited Industrial Products 689,154 529.61 0.75Patni Computer Systems Limited Software 382,780 493.21 0.70Kalindee Rail Nirman (Engineers) Limited Construction 541,924 486.92 0.69Amtek Auto Ltd Auto Ancillaries 558,937 415.29 0.59Ador Welding Limited Industrial Products 423,557 342.02 0.49ISMT Limited Ferrous Metals 1,363,500 271.34 0.39Subtotal 65,278.90 92.81(b) Unlisted Nil NilTotal 65,278.90 92.81DEBT INSTRUMENTS(a) Listed / awaiting listing onStock ExchangesGovernment Securities Nil NilNon-Convertible debentures / Bonds Nil Nil(b) Privately Placed / UnlistedNon-Convertible debentures / Bonds Nil Nil(c) Securitized Debt Instruments Nil NilTotal Nil NilMONEY MARKET INSTRUMENTSBills Rediscounting Nil NilCommercial Papers (CP) /Certificate of Deposit (CD) Nil NilTreasury bills Nil NilCollateralised Borrowing &Lending Obligation 2,245.70 3.19Subtotal 2,245.70 3.19Fixed DepositsDeposits(maturity not exceeding 91 days) Nil NilTotal 2,245.70 3.19OTHERSNet Current Assets 2,816.40 4.00Grand Total 70,341.00 100.00
Notes:1) Total NPAs provided for and its percentage to NAV : Nil2) Total value and percentage of Illiquid Equity Shares : Nil
3) NAVs at a Glance March 31, 2009 September 30, 2008NAV per Unit (Rs.) Growth Option 5.876 8.288
Dividend Option 5.876 8.2884) Total outstanding exposure in Derivative Instruments : Nil 6) Portfolio Turnover Ratio ¥ : 38.23%5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(�) Top Ten Holdings, (+) Industry Classification as recommended by AMFI.
HDFC INFRASTRUCTURE FUND(A 3 year Close-ended Equity Scheme with automatic
conversion into an open-ended scheme upon maturity)Name of the Instrument Industry Quantity Market/ % to
� State Bank of India Banks 695,000 7,416.35 8.83� ICICI Bank Ltd Banks 1,400,000 4,659.20 5.56� Oil & Natural Gas Corpn Ltd Oil 574,800 4,484.59 5.35� Hero Honda Motors Ltd. Auto 398,000 4,263.18 5.08� IRB Infrastructure Developers Limited Transportation 4,788,075 3,880.73 4.63� Crompton Greaves Ltd Industrial Capital Goods 2,567,470 3,170.83 3.78� Bank of Baroda Banks 1,276,000 2,990.31 3.57� Bharat Petroleum Corpn. Ltd Petroleum Products 700,000 2,632.35 3.14� Sun Pharmaceuticals Industries Ltd Pharmaceuticals 200,000 2,222.90 2.65� Noida Toll Bridge Company Ltd Transportation 8,900,000 2,118.20 2.53
Name of the Instrument Industry Quantity Market/ % toFair Value NAV
(Rs. In Lakhs)Rural Electrification Corporation Ltd. Finance 2,201,613 2,115.75 2.52Zee Entertainment Enterprises Ltd Media & Entertainment 1,863,068 1,981.37 2.36LIC Housing Finance Ltd Finance 850,000 1,907.40 2.27ITC Ltd. Consumer Non Durables 1,000,000 1,848.50 2.20Container Corporation of India Limited Transportation 252,000 1,811.63 2.16Motherson Sumi Systems Ltd. Auto Ancillaries 2,620,000 1,773.74 2.11Power Finance Corporation Limited Finance 1,210,000 1,749.66 2.09Nagarjuna Construction Co. Ltd Construction Project 2,791,361 1,725.06 2.06Axis Bank Limited Banks 390,000 1,618.31 1.93KEC International Limited Power 1,035,108 1,576.99 1.88Punjab National Bank Banks 350,000 1,440.08 1.72The Federal Bank Ltd Banks 1,000,000 1,379.00 1.64Sadbhav Engineering Limited Construction 424,911 1,352.28 1.61Thermax Ltd Industrial Capital Goods 730,900 1,320.37 1.57Gujarat Industries Power Co. Ltd Power 2,764,779 1,292.53 1.54HT Media Limited Media & Entertainment 1,931,860 1,131.10 1.35Hindustan Petroleum Corporation Ltd. Petroleum Products 420,000 1,130.85 1.35Ingersoll Rand (India) Ltd. Industrial Capital Goods 410,000 1,078.10 1.29Tata Consultancy Services Limited Software 200,000 1,077.10 1.28Tata Steel Limited Ferrous Metals 479,200 986.67 1.18Dr. Reddy’s Laboratories Ltd. Pharmaceuticals 184,853 906.15 1.08C & C Constructions Limited Construction 876,000 875.56 1.04Blue Star Limited Consumer Durables 558,645 868.13 1.04United Spirits Limited Consumer Non Durables 120,000 778.74 0.93Reliance Industries Ltd. Petroleum Products 50,000 762.38 0.91Indraprastha Gas Limited Gas 606,000 663.27 0.79Infosys Technologies Ltd. Software 50,000 661.95 0.79Carborundum Universal Ltd Industrial Products 817,193 643.54 0.77Elecon Engineering Co Ltd Industrial Capital Goods 2,007,331 623.28 0.74Housing DevelopmentFinance Corporation Ltd.$ Finance 42,500 600.19 0.72Gammon India Ltd. Construction Project 734,000 421.32 0.50Honeywell Automation India Limited Industrial Capital Goods 40,000 300.12 0.36Titagarh Wagons Limited Industrial Capital Goods 159,092 225.43 0.27KNR Constructions Limited Construction 489,895 187.14 0.22Maytas Infra Limited Construction 534,954 185.90 0.22Atlas Copco ( India) Ltd. Industrial Products 16,000 73.26 0.09Subtotal 76,911.49 91.70(b) Unlisted Nil NilTotal 76,911.49 91.70DEBT INSTRUMENTS(a) Listed / awaiting listing onStock ExchangesGovernment Securities Nil NilNon-Convertible debentures / Bonds Nil Nil(b) Privately Placed / UnlistedNon-Convertible debentures / Bonds Nil Nil(c) Securitized Debt Instruments Nil NilTotal Nil NilMONEY MARKET INSTRUMENTSBills Rediscounting Nil NilCommercial Papers (CP) /Certificate of Deposit (CD) Nil NilTreasury billsCollateralised Borrowing &Lending Obligation 786.89 0.94Subtotal 786.89 0.94Fixed DepositsDeposits(maturity not exceeding 91 days) Nil NilTotal 786.89 0.94OTHERSNet Current Assets 6,173.03 7.36Grand Total 83,871.41 100.00
Notes :1) Total NPAs provided for and its percentage to NAV : Nil2) Total value and percentage of Illiquid Equity Shares : Nil
3) NAVs at a Glance March 31, 2009 September 30, 2008NAV per Unit (Rs.) Growth Option 5.182 7.609
Dividend Option 5.182 7.6094) Total outstanding exposure in Derivative Instruments : Nil 6) Portfolio Turnover Ratio ¥ : 41.51%5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(�) Top Ten Holdings, (+) Industry Classification as recommended by AMFI, ($) Sponsor.
HDFC MF MONTHLY INCOME PLAN - SHORT TERM PLAN(AN OPEN-ENDED INCOME SCHEME)
Name of the Instrument Industry Quantity Market/ % to+/Rating Fair Value NAV
HALF-YEARLY PORTFOLIO STATEMENT OF THE SCHEMES / PLANS OF HDFC MUTUAL FUND AS ON MARCH 31, 2009[ Pursuant to Regulation 59A of Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 ]
Page: 15 (continued....)
Name of the Instrument Industry Quantity Market/ % to+/Rating Fair Value NAV
(Rs. In Lakhs)Total 5,555.25 82.98MONEY MARKET INSTRUMENTSBills Rediscounting Nil NilCommercial Papers (CP) /Certificate of Deposit (CD) Nil NilTreasury bills Nil NilCollateralised Borrowing &Lending Obligation Nil NilFixed DepositsDeposits(maturity not exceeding 91 days) Nil NilTotal Nil NilOTHERSNet Current Assets 190.48 2.85Grand Total 6,693.79 100.00
Notes :1) Total NPAs provided for and its percentage to NAV : Nil2) Total value and percentage of Illiquid Equity Shares : Nil
3) NAVs at a Glance March 31, 2009 September 30, 2008NAV per Unit (in Rs.) Growth Option 13.6926 13.4556
4) Total outstanding exposure in Derivative Instruments : Nil 7) Investments in Fixed Deposits : Nil5) Total investments in Foreign Securities / Overseas ETFs : Nil6) Average Portfolio Maturity : 2.23 years (other than equity investments)(�) Top Ten Holdings, (+) Industry Classification as recommended by AMFI, (**) Thinly Traded / Non-Traded Securities,($) Sponsor.
HDFC MF MONTHLY INCOME PLAN - LONG TERM PLAN(AN OPEN-ENDED INCOME SCHEME)
Name of the Instrument Industry Quantity Market/ % to+/Rating Fair Value NAV
(Rs. In Lakhs)EQUITY & EQUITY RELATED(a) Listed / awaiting listing onStock ExchangesBritannia Industries Ltd Consumer Non Durables 100,000 1,400.05 1.63Sun Pharmaceuticals Industries Ltd Pharmaceuticals 100,000 1,111.45 1.30GlaxoSmithKline ConsumerHealthcare Limited Consumer Non Durables 154,500 1,088.14 1.27Page Industries Limited Textile Products 274,911 1,003.43 1.17LIC Housing Finance Ltd Finance 443,990 996.31 1.16The Federal Bank Ltd Banks 700,000 965.30 1.12Hero Honda Motors Ltd. Auto 90,000 964.04 1.12Rural Electrification Corporation Ltd. Finance 1,000,000 961.00 1.12Crompton Greaves Ltd Industrial Capital Goods 772,500 954.04 1.11Merck Limited Pharmaceuticals 258,000 931.12 1.08Punjab National Bank Banks 200,000 822.90 0.96State Bank of India Banks 75,000 800.33 0.93Patni Computer Systems Limited Software 550,000 708.68 0.83Bank of Baroda Banks 299,169 701.10 0.82MRF Ltd. Auto Ancillaries 34,960 607.87 0.71United Phosphorous Limited Pesticides 608,048 597.41 0.70Grindwell Norton Limited Industrial Products 756,019 581.00 0.68Dr. Reddy’s Laboratories Ltd. Pharmaceuticals 100,000 490.20 0.57Zee Entertainment Enterprises Ltd Media & Entertainment 391,000 415.83 0.48AIA Engineering Limited Industrial Capital Goods 325,000 406.09 0.47Tata Consultancy Services Limited Software 75,000 403.91 0.47Nestle India Ltd. Consumer Non Durables 25,000 389.10 0.45Pidilite Industries Ltd Chemicals 436,709 369.89 0.43Zee News Limited Media & Entertainment 1,109,000 363.20 0.42CMC Ltd Hardware 104,249 333.54 0.39Procter & Gamble Hygiene andHealth Care Limited Consumer Non Durables 43,100 323.62 0.38Blue Star Limited Consumer Durables 200,000 310.80 0.36Maharashtra Seamless Ltd Ferrous Metals 210,000 299.36 0.35KEC International Limited Power 176,607 269.06 0.31Jet Airways (India) Ltd. Transportation 150,000 254.03 0.30Dishman Pharmaceuticals andChemicals Limited Pharmaceuticals 248,822 247.58 0.29ICICI Bank Ltd Banks 67,500 224.64 0.26CRISIL Limited Finance 7,790 210.49 0.25Amtek India Limited Auto Ancillaries 660,000 201.30 0.23Eveready Industries India Limited Consumer Non Durables 825,916 147.01 0.17Shaw Wallace & Company Ltd. Consumer Non Durables 100,000 144.45 0.17Elecon Engineering Co Ltd Industrial Capital Goods 426,086 132.30 0.15Apollo Tyres Ltd Auto Ancillaries 500,000 91.25 0.11Balkrishna Industries Limited Auto Ancillaries 61,003 82.87 0.10Abbott India Ltd. Pharmaceuticals 16,900 66.16 0.08Ahmednagar Forgings Ltd Industrial Products 182,829 61.25 0.07Ballarpur Industries Limited Paper 400,000 58.80 0.07Carborundum Universal Ltd Industrial Products 38,500 30.32 0.04Subtotal 21,521.22 25.08(b) Unlisted Nil NilTotal 21,521.22 25.08DEBT INSTRUMENTS(a) Listed / awaiting listing onStock ExchangesGovernment Securities6.05 % GOI 2019 SOV 2,000,000 1,864.80 2.17Subtotal 1,864.80 2.17Non-Convertible debentures / Bonds
� National Bank for Agriculture andRural Development AAA 54,200 4,789.81 5.58
4) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.5) Total outstanding exposure in Derivative Instruments : Nil 8) Investments in Fixed Deposits : Nil6) Total investments in Foreign Securities / Overseas ETFs : Nil7) Average Portfolio Maturity: 5.66 years (other than equity investments)(�) Top Ten Holdings, (+) Industry Classification as recommended by AMFI, ($) Sponsor, (**) Thinly Traded / Non-Traded Securities.
HDFC MULTIPLE YIELD FUND(AN OPEN-ENDED INCOME SCHEME)
Name of the Instrument Industry Quantity Market/ % to+/Rating Fair Value NAV
� ICICI Bank Ltd.** A1+ 600 567.58 14.77� Corporation Bank** P1+ 550 534.65 13.91� ING Vysya Bank Ltd.** P1+ 500 484.16 12.60� Dena Bank** F1+ 500 470.20 12.24
Subtotal 2,056.59 53.52Treasury bills Nil NilCollateralised Borrowing &Lending Obligation Nil NilFixed DepositsDeposits(maturity not exceeding 91 days) Nil NilTotal 2,056.59 53.52OTHERSNet Current Assets 214.81 5.59Grand Total 3,842.46 100.00
Notes :1) Total NPAs provided for and its percentage to NAV : Nil2) Total value and percentage of Illiquid Equity Shares : Nil
3) NAVs at a Glance March 31, 2009 September 30, 2008NAV per Unit (in Rs.) Growth Option 13.3756 13.6222
Dividend Option 10.1312 10.31804) Total outstanding exposure in Derivative Instruments : Nil 7) Investments in Fixed Deposits : Nil5) Total investments in Foreign Securities / Overseas ETFs : Nil6) Average Portfolio Maturity: 162.14 days (other than equity investments)(�) Top Ten Holdings, (+) Industry Classification as recommended by AMFI, (**) Thinly Traded / Non-Traded Securities.
HDFC MULTIPLE YIELD FUND - PLAN 2005(AN OPEN-ENDED INCOME SCHEME)
Name of the Instrument Industry Quantity Market/ % to+/Rating Fair Value NAV
� ING Vysya Bank Ltd.** P1+ 500 484.16 20.01� Dena Bank** F1+ 400 376.16 15.54� State Bank of Patiala** P1+ 100 94.58 3.91
Subtotal 954.90 39.46Treasury bills Nil NilCollateralised Borrowing &Lending Obligation Nil NilFixed DepositsDeposits(maturity not exceeding 91 days) Nil NilTotal 954.90 39.46OTHERSNet Current Assets 151.76 6.27Grand Total 2,419.54 100.00
Notes :1) Total NPAs provided for and its percentage to NAV : Nil2) Total value and percentage of Illiquid Equity Shares : Nil
3) NAVs at a Glance March 31, 2009 September 30, 2008NAV per Unit (Rs.) Growth Option 12.2316 12.2615
Dividend Option 10.1260 10.15094) Total outstanding exposure in Derivative Instruments : Nil 7) Investments in Fixed Deposits : Nil5) Total investments in Foreign Securities / Overseas ETFs : Nil6) Average Portfolio Maturity : 156.57 days (other than equity investments)(�) Top Ten Holdings, (+) Industry Classification as recommended by AMFI, (**) Thinly Traded / Non-Traded Securities.
HDFC INCOME FUND(AN OPEN-ENDED INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
� 6.05 % GOI 2019 SOV 28,500,000 26,573.40 17.487.95 % GOI 2032 SOV 3,000,000 3,042.00 2.008.33 % GOI 2036 SOV 2,500,000 2,651.00 1.747.46 % GOI 2017 SOV 2,000,000 2,032.00 1.347.56 % GOI 2014 SOV 1,500,000 1,557.00 1.026.83 % GOI 2039 SOV 1,500,000 1,334.70 0.888.24 % GOI 2018 SOV 1,000,000 1,086.00 0.717.94 % GOI 2021 SOV 500,000 517.50 0.347.27 % GOI 2013 SOV 500,000 512.45 0.347.50 % GOI 2034 SOV 500,000 483.26 0.32Subtotal 39,789.31 26.17Non-Convertible debentures / Bonds
� State Bank of India** AAA 1,725 17,162.24 11.29� Power Finance Corporation Ltd AAA 1,285 14,514.33 9.54� Indian Railways Finance Corporation Ltd. AAA 950 9,224.15 6.07� Indian Oil Corporation Ltd.** LAA+ 820 9,218.66 6.06� HDFC Bank Ltd.** AAA 850 8,626.75 5.67� Rural Electrification Corporation Ltd. AAA 850 8,256.18 5.43� National Bank for Agriculture and
Rural Development AAA 65,200 5,761.92 3.79� Indian Railways Finance Corporation Ltd.** AAA 450 4,846.55 3.19� Power Grid Corporation of India Ltd** AAA 320 4,080.78 2.68
National Housing Bank** AAA 80,000 3,472.23 2.28National Thermal Power Corporation** AAA 350 3,429.52 2.26Housing Development FinanceCorporation Ltd.**$ AAA 325 3,265.02 2.15Canara Bank** AAA 250 2,406.24 1.58Power Finance Corporation Ltd** AAA 185 2,038.68 1.34National Bank for Agriculture andRural Development** AAA 150 1,553.06 1.02Export - Import Bank of India AAA 100 1,030.73 0.68Rural Electrification Corporation Ltd.** AAA 100 993.19 0.65Power Grid Corporation of India Ltd AAA 40 505.16 0.33Subtotal 100,385.39 66.01(b) Privately Placed / UnlistedNon-Convertible debentures / Bonds Nil Nil(c) Securitized Debt Instruments Nil NilTotal 140,174.70 92.18MONEY MARKET INSTRUMENTSBills Rediscounting Nil NilCommercial Papers (CP) /Certificate of Deposit (CD) Nil NilTreasury bills Nil NilCollateralised Borrowing &Lending Obligation Nil NilFixed DepositsDeposits(maturity not exceeding 91 days) Nil NilTotal Nil NilOTHERSNet Current Assets 11,888.02 7.82Grand Total 152,062.72 100.00
Notes :1) Total NPAs provided for and its percentage to NAV : Nil
2) NAV at a Glance March 31, 2009 September 30, 2008NAV per Unit (Rs.) Growth Option 20.0653 18.0639
Dividend Option 10.6725 10.16924) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.3) Total outstanding exposure in Derivative Instruments : Nil 5) Average Portfolio Maturity : 9.52 years4) Total investments in Foreign Securities / Overseas ETFs : Nil 6) Investments in Fixed Deposits : Nil(�) Top Ten Holdings, (**) Thinly Traded / Non-Traded Securities, ($) Sponsor.
HDFC HIGH INTEREST FUND(AN OPEN-ENDED INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
HALF-YEARLY PORTFOLIO STATEMENT OF THE SCHEMES / PLANS OF HDFC MUTUAL FUND AS ON MARCH 31, 2009[ Pursuant to Regulation 59A of Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 ]
Page: 16 (continued....)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
(Rs. In Lakhs)
� 7.95 % GOI 2032 SOV 5,500,000 5,577.00 7.97� 8.33 % GOI 2036 SOV 2,250,000 2,385.90 3.41
7.56 % GOI 2014 SOV 2,000,000 2,076.00 2.978.24 % GOI 2018 SOV 500,000 543.00 0.787.94 % GOI 2021 SOV 500,000 517.50 0.747.27 % GOI 2013 SOV 500,000 512.45 0.737.61 % GOI 2015 SOV 250,000 250.13 0.3611.30 % GOI 2010 SOV 5,000 5.39 0.01Subtotal 24,221.67 34.61Non-Convertible debentures / Bonds
� Indian Oil Corporation Ltd.** LAA+ 580 6,520.52 9.32� National Bank for Agriculture and
Rural Development** AAA 450 4,601.60 6.58� State Bank of India** AAA 425 4,191.34 5.99� Power Finance Corporation Ltd AAA 365 4,122.75 5.89� Power Grid Corporation of India Ltd** AAA 320 4,076.90 5.82� Indian Railways Finance Corporation Ltd. AAA 400 3,884.61 5.55� HDFC Bank Ltd.** AAA 300 3,053.93 4.36
Notes :1) Total NPAs provided for and its percentage to NAV : Nil2) NAVs at a Glance March 31, 2009 September 30, 2008
NAV per Unit (Rs.) Growth Plan 29.2142 26.7207Quarterly Dividend Option 10.8883 10.5172Half-Yearly Dividend Option 10.6097 10.2824Yearly Dividend Option 11.1237 10.8583
3) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity : 10.12 years5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(�) Top Ten Holdings, (**) Thinly Traded / Non-Traded Securities, ($) Sponsor.
HDFC HIGH INTEREST FUND - SHORT TERM PLAN(AN OPEN-ENDED INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
� Indian Railways Finance Corporation Ltd.** AAA 600 6,196.60 8.01� LIC Housing Finance Ltd.** AAA 500 5,081.90 6.57� Infrastructure Development
Finance Company Ltd** AAA / LAAA 350 3,483.00 4.51� Power Finance Corporation Ltd** AAA 315 3,213.16 4.14� Rural Electrification Corporation Ltd. AAA 250 2,740.96 3.54� National Bank for Agriculture and
� NOVO IV Trust** AAA (ind) (SO) 530 4,262.88 5.50UBL Trust Series 61** P1+ (SO) 24 2,414.89 3.12Grasim Industries Ltd.** AAA (SO) 24 1,425.21 1.84Auto Securitisation Trust MP A May 2008** AAA (SO) 11 1,232.20 1.59ILSS 1 Trust 2009 ** AAA (SO) 11 1,025.31 1.32BHPC Auto Securitisation Trust Feb 08 I** AAA (SO) 6 646.15 0.83Credit Asset Trust Series XLVII** AAA (ind) (SO) 5 540.94 0.70Indian Corporate LoanTrust 2008 Series 7** PR1+ (SO) 5 493.73 0.64Transportation Loan Trust Series 1** AAA (SO) 3 199.28 0.26Subtotal 12,240.59 15.80Total 52,262.34 67.50MONEY MARKET INSTRUMENTSBills Rediscounting Nil NilCommercial Papers (CP) /Certificate of Deposit (CD)
� ICICI Bank Ltd.** A1+ / P1+ 6,499 6,083.25 7.85� ONGC Videsh Limited** P1+ (SO) 900 4,237.95 5.47� State Bank of Hyderabad** P1+ 3,500 3,333.98 4.30
Canara Bank** P1+ 2,500 2,329.60 3.01LIC Housing Finance Ltd.** P1+ 500 2,328.93 3.01Kotak Mahindra Bank Ltd.** P1+ 1,000 964.03 1.24Oriental Bank of Commerce** P1+ 1,000 951.87 1.23Dena Bank** F1+ 1,000 940.41 1.21Corporation Bank** P1+ 600 583.26 0.75State Bank of Patiala** P1+ 500 481.91 0.62
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
(Rs. In Lakhs)
Subtotal 22,235.19 28.69Treasury bills Nil NilCollateralised Borrowing &Lending Obligation Nil NilFixed DepositsDeposits(maturity not exceeding 91 days) Nil NilTotal 22,235.19 28.69OTHERSNet Current Assets 2,953.25 3.81Grand Total 77,450.78 100.00
Notes :1) Total NPAs provided for and its percentage to NAV : Nil
2) NAVs at a Glance March 31, 2009 September 30, 2008NAV per Unit (Rs.) Growth Option 16.9474 15.6800
Dividend Option (Monthly) 10.6054 10.66663) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Investments in Fixed Deposits : Nil5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Average Portfolio Maturity : 2.05 years(�) Top Ten Holdings, (**) Thinly Traded / Non-Traded Securities, ($) Sponsor
HDFC SHORT TERM PLAN(AN OPEN-ENDED INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
State Bank of Patiala** P1+ 5,000 4,683.81 4.60UCO Bank** P1+ 5,000 4,642.73 4.56Allahabad Bank** P1+ 3,750 3,588.74 3.52Hindustan Petroleum Corporation Ltd.** P1+ 500 2,348.58 2.30ICICI Bank Ltd.** P1+ 2,500 2,311.08 2.27The Federal Bank Ltd.** P1+ 1,500 1,413.38 1.39Oriental Bank of Commerce** P1+ 1,300 1,232.02 1.21LIC Housing Finance Ltd.** P1+ 200 931.57 0.91State Bank of Hyderabad** P1+ 500 471.82 0.46Subtotal 40,789.54 40.03Treasury bills Nil NilCollateralised Borrowing &Lending Obligation Nil NilFixed DepositsDeposits(maturity not exceeding 91 days) Nil NilTotal 40,789.54 40.03OTHERSNet Current Assets 486.31 0.48Grand Total 101,899.03 100.00
Notes :1) Total NPAs provided for and its percentage to NAV : Nil2) NAVs at a Glance March 31, 2009 September 30, 2008
NAV per Unit (Rs.) Growth Option 16.7245 15.2503Dividend Reinvestment Option 10.3411 10.3434
3) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.3) Total outstanding exposure in Derivative Instruments : Nil 5) Average Portfolio Maturity : 2.07 years4) Total investments in Foreign Securities / Overseas ETFs : Nil 6) Investments in Fixed Deposits : Nil(�) Top Ten Holdings, (**) Thinly Traded / Non-Traded Securities.
HDFC GILT FUND - SHORT TERM PLAN(AN OPEN-ENDED INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
Notes :1) Total NPAs provided for and its percentage to NAV : Nil2) NAVs at a Glance March 31, 2009 September 30, 2008
NAV per Unit (Rs.) Growth Option 15.3990 14.8534Dividend Option 10.5978 10.6086
3) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity: 1.76 years5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil
HDFC GILT FUND - LONG TERM PLAN(AN OPEN-ENDED INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
Notes :1) Total NPAs provided for and its percentage to NAV : Nil
2) NAVs at a Glance March 31, 2009 September 30, 2008NAV per Unit (Rs.) Growth Option 17.9840 17.0346
Dividend Option 10.2652 10.27363) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity : 10.34 years5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil
HDFC FLOATING RATE INCOME FUND - SHORT TERM(AN OPEN-ENDED INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
� Indian Retail ABS Trust 96 2008** AAA (SO) 87 8,524.25 6.08Indian InfrastructureEquipments Trust MAR 08** LAAA (SO) 40 4,397.80 3.14Bajaj Auto Ltd.** AAA (SO) 71 3,976.42 2.84Credit Asset Trust Series LXIV** F1+ (SO) 28 2,803.25 2.00SME Retail Pool III Trust** AAA (SO) 47 1,962.15 1.40Indian Retail ABS Trust 95** AAA (SO) 23 1,892.07 1.35India Loan SecuritisationSeries 5 Trust 2008 ** AAA (SO) 30 1,374.00 0.98Investment Vehicle 1508** AAA (SO) 16 1,340.63 0.96Corporate Debt Trust Series 11** A1+ (SO) 150 889.17 0.63India Loan Securitisation EC9Trust 2008** LAAA (SO) 8 658.74 0.47Auto Securitisation Trust Oct 07** AA (SO) 9 650.04 0.46Corporate Loan Series 60** AAA (SO) 5 507.65 0.36Credit Asset Trust Series XVII ** AA (SO) 8 456.84 0.33Indian Loans ReceivableTrust Dec 2007** A (SO) 4 426.78 0.30SME Retail Pool II Trust** AAA (SO) 4 356.44 0.25BHPC Auto Securitisation Trust Nov II** AAA (SO) 3 292.08 0.21CE Pool Trust June 2007** LAAA (SO) 15 185.08 0.13ILSS 1 Trust 2009 ** P1+ (SO) 15 95.67 0.07Subtotal 30,789.06 21.96Total 53,358.22 38.07MONEY MARKET INSTRUMENTSBills Rediscounting Nil NilPrivately Placed / UnlistedCommercial Papers (CP) /Certificate of Deposit (CD)
� State Bank Of Hyderabad** P1+ 14,000 13,450.77 9.59� State Bank of Patiala** P1+ 9,900 9,369.77 6.68� Allahabad Bank** P1+ 8,150 7,662.06 5.46� The Federal Bank Ltd.** P1+ 7,500 7,030.01 5.01� Canara Bank** P1+ 6,450 6,006.20 4.28� State Bank of Mysore** A1+ 6,000 5,797.82 4.13� Syndicate Bank** PR1+ 5,000 4,760.98 3.39� State Bank of Indore** P1+ 5,000 4,739.76 3.38
ICICI Home Finance Ltd** A1+ 1,000 4,619.48 3.29ICICI Bank Ltd.** P1+/A1+ 4,750 4,397.20 3.13Vijaya Bank** PR1+ 3,900 3,627.06 2.59UCO Bank** P1+ 2,500 2,417.64 1.72LIC Housing Finance Ltd.** P1+ 500 2,328.93 1.66BHW Birla Home Finance Ltd.** P1+ 170 845.23 0.60IDBI Bank Limited** A1+ 100 95.05 0.07Oriental Bank of Commerce** P1+ 100 94.77 0.07Subtotal 77,242.73 55.05Treasury bills Nil NilCollateralised Borrowing& Lending Obligation Nil NilFixed DepositsDeposits(maturity not exceeding 91 days)
HDFC Asset Management Company LimitedA Joint Venture with Standard Life Investments Limited
HALF-YEARLY PORTFOLIO STATEMENT OF THE SCHEMES / PLANS OF HDFC MUTUAL FUND AS ON MARCH 31, 2009[ Pursuant to Regulation 59A of Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 ]
Page: 17 (continued....)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
(Rs. In Lakhs)IDBI Bank Limited 6,000 4.28Central Bank of India 2,970 2.12Subtotal 8,970.00 6.40Total 86,212.73 61.45OTHERSNet Current Assets 674.35 0.48Grand Total 140,245.30 100.00
Notes :1) Total NPAs provided for and its percentage to NAV : Nil2) NAVs at a Glance
Retail Option March 31, 2009 September 30, 2008NAV per Unit (Rs.) Growth Option 14.8593 14.2584
3) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity : 297.04 days5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Rs.8970.00 Lacs(�) Top Ten Holdings, (**) Thinly Traded / Non-Traded Securities, ($) Sponsor.
HDFC FLOATING RATE INCOME FUND - LONG TERM PLAN (AN OPEN-ENDED INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
� NOVO IV Trust** AAA (ind) (SO) 250 2,319.58 3.45Subtotal 2,319.58 3.45Total 21,849.09 32.49MONEY MARKET INSTRUMENTSBills Rediscounting Nil NilCommercial Papers (CP) /Certificate of Deposit (CD)
� Dena Bank** F1+ 12,400 11,577.54 17.22� State Bank of Patiala** P1+ 11,000 10,304.38 15.33� Syndicate Bank** PR1+ 10,000 9,345.72 13.92� Vijaya Bank** PR1+ 10,000 9,312.96 13.86� Andhra Bank** F1+ 5,000 4,661.70 6.93
Subtotal 45,202.30 67.26Treasury bills Nil NilCollateralised Borrowing &Lending Obligation Nil NilFixed DepositsDeposits(maturity not exceeding 91 days) Nil NilTotal 45,202.30 67.26OTHERSNet Current Assets 168.7 0.25Grand Total 67,220.09 100.00
Notes :1) Total NPAs provided for and its percentage to NAV : Nil
2) NAVs at a Glance March 31, 2009 September 30, 2008NAV per Unit (Rs.) Growth Option 14.7447 14.1054
Dividend Reinvestment Option 10.1784 10.17363) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity : 1.09 years5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(�) Top Ten Holdings, (**) Thinly Traded / Non-Traded Securities, ($) Sponsor
HDFC LIQUID FUND(INCLUDING PREMIUM PLAN & PREMIUM PLUS PLAN)
(AN OPEN-ENDED LIQUID INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
HDFC Liquid Fund - Premium Plan March 31, 2009 September 30, 2008NAV per Unit (Rs.) Growth Option 17.6273 16.9343
Dividend Reinvestment Option - Daily 12.2598 12.2598Dividend Option - Weekly NA NA
HDFC Liquid Fund - Premium Plus Plan March 31, 2009 September 30, 2008NAV per Unit (Rs.) Growth Option 17.6642 16.9699
Dividend Option - Weekly 12.4205 12.4211
3) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil5) Total investments in Foreign Securities / Overseas ETFs : Nil6) Average Portfolio Maturity : 178.11 days7) Investments in Fixed Deposits : Rs. 28,830.00 Lacs(�) Top Ten Holdings, (**) Thinly Traded / Non-Traded Securities, ($) Sponsor, (NA) No Unit Hoders.
HDFC CASH MANAGEMENT FUND - SAVINGS PLAN(AN OPEN-ENDED HIGH LIQUIDITY INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
� State Bank of Patiala** P1+ 35,000 33,991.31 10.62� Punjab National Bank** F1+ 35,000 33,840.12 10.57� State Bank of Mysore** A1+ 30,000 28,516.01 8.91� Union Bank of India** A1+ 20,000 18,808.12 5.87� State Bank of Bikaner & Jaipur** P1+ 15,000 14,322.96 4.48� Allahabad Bank** P1+ 12,500 12,074.12 3.77� Axis Bank Ltd.** P1+ 12,500 11,696.61 3.66� ICICI Bank Ltd.** P1+ 10,550 10,081.67 3.15� Corporation Bank** P1+ 10,320 10,063.40 3.15
Oriental Bank of Commerce** P1+ 10,100 9,770.11 3.06State Bank Of Hyderabad** P1+ 10,000 9,572.74 2.99ONGC Videsh Limited** P1+ (SO) 2,000 9,417.66 2.94LIC Housing Finance Ltd.** P1+ 1,500 6,982.68 2.18Reliance Capital Ltd.** A1+ 1,100 5,493.39 1.72UCO Bank** P1+ 5,000 4,849.26 1.52Bank of India** A1+ 5,000 4,833.94 1.51Canara Bank** P1+ 4,000 3,874.47 1.21State Bank of Indore** P1+ 2,500 2,423.50 0.76Hongkong & Shanghai BankingCorporation Ltd.** F1+ 1,000 981.26 0.31Subtotal 231,593.33 72.38Treasury bills Nil NilCollateralised Borrowing &Lending Obligation Nil NilFixed DepositsDeposits(maturity not exceeding 91 days) Nil NilTotal 231,593.33 72.38OTHERSNet Current Assets 6,651.65 2.08Grand Total 319,913.76 100.00
Notes :1) Total NPAs provided for and its percentage to NAV : Nil
2) NAVs at a Glance March 31, 2009 September 30, 2008NAV per unit (Rs.) Growth Option 18.3844 17.6668
3) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity : 175.32 days5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(�) Top Ten Holdings, (**) Thinly Traded / Non-Traded Securities, ($) Sponsor.
HDFC CASH MANAGEMENT FUND - TREASURY ADVANTAGE PLAN(PREVIOUSLY HDFC CASH MANAGEMENT FUND - SAVINGS PLUS PLAN)
(AN OPEN - ENDED INCOME SCHEME)Name of the Instrument Rating Quantity Market/ % to
HALF-YEARLY PORTFOLIO STATEMENT OF THE SCHEMES / PLANS OF HDFC MUTUAL FUND AS ON MARCH 31, 2009[ Pursuant to Regulation 59A of Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 ]
Page: 18 (continued....)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
3) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil5) Total investments in Foreign Securities / Overseas ETFs : Nil6) Average Portfolio Maturity: 269.65 days7) Investments in Fixed Deposits : Rs.11,500.00 Lacs(�) Top Ten Holdings, (**) Thinly Traded / Non-Traded Securities, ($) Sponsor, (^) Less than 0.01 %.
HDFC CASH MANAGEMENT FUND - CALL PLAN(AN OPEN-ENDED HIGH LIQUIDITY INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
(Rs. In Lakhs)MONEY MARKET INSTRUMENTSBills Rediscounting Nil NilCommercial Papers (CP) /Certificate of Deposit (CD) Nil NilTreasury bills Nil NilCollateralised Borrowing &Lending Obligation 3,278.94 66.45Subtotal 3,278.94 66.45Fixed DepositsDeposits(maturity not exceeding 91 days) Nil NilTotal 3,278.94 66.45OTHERSNet Current Assets 1,455.52 29.50Grand Total 4,934.35 100.00
Notes :1) Total NPAs provided for and its percentage to NAV : Nil
2) NAVs at a Glance March 31, 2009 September 30, 2008NAV per Unit ( Rs.) Growth Option 14.7996 14.3976
Dividend Reinvestment Option - Daily 10.4266 10.42663) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity : 48.07 days5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(**) Thinly Traded / Non-Traded Securities
HDFC QUARTERLY INTERVAL FUND - PLAN A(AN OPEN-ENDED INTERVAL INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
Notes :1) Total NPAs provided for and its percentage to NAV : Nil2) NAVs at a Glance :
Wholesale Plan March 31, 2009 September 30, 2008NAV per Unit ( Rs.) Growth Option NA 11.5202
Dividend Option 10.0162 10.0215
Retail Plan March 31, 2009 September 30, 2008NAV per Unit ( Rs.) Growth Option 12.0825 11.5202
Dividend Option 10.0162 10.02153) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity : 73.98 days5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(**) Thinly Traded / Non-Traded Securities, (NA) No Unit Hoders.
HDFC QUARTERLY INTERVAL FUND - PLAN B(AN OPEN-ENDED INTERVAL INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
Notes :1) Total NPAs provided for and its percentage to NAV : Nil2) NAVs at a Glance :
Wholesale Plan March 31, 2009 September 30, 2008NAV per Unit ( Rs.) Growth Option NA 11.3136
Dividend Option 10.2629 10.2186
Retail Plan March 31, 2009 September 30, 2008NAV per Unit ( Rs.) Growth Option 12.0153 11.3136
Dividend Option 10.2629 10.21863) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity : 128.21 days5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(**) Thinly Traded / Non-Traded Securities, (NA) No Unit Hoders.
HDFC QUARTERLY INTERVAL FUND - PLAN C(AN OPEN-ENDED INTERVAL INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
(Rs. In Lakhs)DEBT INSTRUMENTS(a) Listed / awaiting listing onStock ExchangesGovernment Securities Nil NilNon-Convertible debentures / BondsInfrastructure DevelopmentFinance Company Ltd** LAAA 10 97.87 4.49Subtotal 97.87 4.49(b) Privately Placed / UnlistedNon-Convertible debentures / BondsGE Money Financial Services Limited** AAA 70 689.92 31.63Subtotal 689.92 31.63(c) Securitized Debt InstrumentsRB Loan Trust Series 30** PR1+ (SO) 15 103.51 4.75Subtotal 103.51 4.75Total 891.30 40.87MONEY MARKET INSTRUMENTSBills Rediscounting Nil NilCommercial Papers (CP) /Certificate of Deposit (CD)State Bank of Mysore** A1+ 500 483.15 22.15State Bank Of Hyderabad** P1+ 500 471.82 21.63Oriental Bank of Commerce** P1+ 150 142.16 6.52Punjab National Bank** F1+ 100 97.93 4.49Subtotal 1,195.06 54.79Treasury bills Nil NilCollateralised Borrowing &Lending Obligation Nil NilFixed DepositsDeposits(maturity not exceeding 91 days) Nil NilTotal 1,195.06 54.79OTHERSNet Current Assets 94.74 4.34Grand Total 2,181.10 100.00
Notes :1) Total NPAs provided for and its percentage to NAV : Nil2) NAVs at a Glance :
Wholesale Plan March 31, 2009 September 30, 2008NAV per Unit ( Rs.) Growth Option NA 11.2827
Dividend Option 10.1223 10.1449
Retail Plan March 31, 2009 September 30, 2008NAV per Unit ( Rs.) Growth Option 11.8603 11.2827
Dividend Option 10.1223 10.14493) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity: 193.72 days5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(**) Thinly Traded / Non-Traded Securities, (NA) No Unit Hoders.
HDFC FIXED MATURITY PLANS - SERIES V - 24M MAY 2007
(A CLOSE ENDED INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
3) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity :47.36 days5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(**) Thinly Traded / Non-Traded Securities, (NA) No Unit Hoders.
HDFC FIXED MATURITY PLANS - SERIES V - 36M JUNE 2007(A CLOSE ENDED INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
(Rs. In Lakhs)
DEBT INSTRUMENTS(a) Listed / awaiting listing onStock ExchangesGovernment Securities Nil NilNon-Convertible debentures / BondsKotak Mahindra Prime Ltd.** AA 162 1,616.28 18.94Shriram Transport Finance Co. Ltd.** AA 159 1,584.19 18.57GE Capital Services India** AAA 100 980.94 11.50Sundaram Finance Ltd.** LAA+ 100 976.42 11.44Tata Motor Finance Ltd.** A 70 670.42 7.86Trent Ltd.** LAA 8,343 43.35 0.51Subtotal 5,871.60 68.82(b) Privately Placed / UnlistedNon-Convertible debentures / Bonds
HDFC Asset Management Company LimitedA Joint Venture with Standard Life Investments Limited
HALF-YEARLY PORTFOLIO STATEMENT OF THE SCHEMES / PLANS OF HDFC MUTUAL FUND AS ON MARCH 31, 2009[ Pursuant to Regulation 59A of Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 ]
Page: 19 (continued....)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
(Rs. In Lakhs)Trent Ltd.** AA 4 42.63 0.50Subtotal 42.63 0.50(c) Securitized Debt InstrumentsIndian Corporate LoanSecuritisation Trust - Series XLI** AA+ (SO) 24 2,067.82 24.23Credit Asset Trust Series XXVI** AAA (SO) 1 112.96 1.32Subtotal 2,180.78 25.55Total 8,095.01 94.87MONEY MARKET INSTRUMENTSBills Rediscounting Nil NilCommercial Papers (CP) /Certificate of Deposit (CD) Nil NilTreasury bills Nil NilCollateralised Borrowing &Lending Obligation Nil NilFixed DepositsDeposits(maturity not exceeding 91 days) Nil NilTotal Nil NilOTHERSNet Current Assets 437.59 5.13Grand Total 8,532.60 100.00
Notes :1) Total NPAs provided for and its percentage to NAV : Nil2) NAVs at a Glance :
Wholesale Plan March 31, 2009 September 30, 2008NAV per Unit ( Rs.) Growth Option 11.6443 10.9717
Quarterly Dividend Option 10.2838 10.0328
Retail Plan March 31, 2009 September 30, 2008NAV per Unit ( Rs.) Growth Option 11.5640 10.9177
3) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity : 1.21 years5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(**) Thinly Traded / Non-Traded Securities.
HDFC FIXED MATURITY PLANS - SERIES VI - 18MSEPTEMBER 2007 (A CLOSE ENDED INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
3) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity:79.81 days5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(�) Top Ten Holdings, (**) Thinly Traded / Non-Traded Securities.
HDFC FIXED MATURITY PLANS - SERIES VI - 18MOCTOBER 2007 (A CLOSE ENDED INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
(Rs. In Lakhs)Commercial Papers (CP) /Certificate of Deposit (CD) Nil NilTreasury bills Nil NilCollateralised Borrowing &Lending Obligation Nil NilFixed DepositsDeposits(maturity not exceeding 91 days) Nil NilTotal Nil NilOTHERSNet Current Assets 463.46 3.39Grand Total 13,661.06 100.00
Notes :1) Total NPAs provided for and its percentage to NAV : Nil2) NAVs at a Glance :
Wholesale Plan March 31, 2009 September 30, 2008NAV per Unit ( Rs.) Growth Option 11.2658 10.7315
Dividend Option 11.2658 10.7315
Retail Plan March 31, 2009 September 30, 2008NAV per Unit ( Rs.) Growth Option 11.1710 10.6730
Dividend Option 11.1710 10.6730
Quarterly Dividend Option 10.3625 10.00983) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity : 177.99 days5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(**) Thinly Traded / Non-Traded Securities, ($) Sponsor
HDFC FIXED MATURITY PLANS - SERIES VI - 18MNOVEMBER 2007 (A CLOSE ENDED INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
3) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity : 232.52 days5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(�) Top Ten Holdings, (**) Thinly Traded / Non-Traded Securities.
HDFC FIXED MATURITY PLANS - SERIES VI - 18MDECEMBER 2007 (A CLOSE ENDED INCOME SCHEME)
Name of the Instrument Industry Quantity Market/ % to+/Rating Fair Value NAV
3) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity: 210.66 days5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(**) Thinly Traded / Non-Traded Securities, ($) Sponsor.
HDFC FIXED MATURITY PLANS - SERIES VII - 18M JANUARY 2008 (A CLOSE ENDED INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
� BHPC Auto Securitisation Trust Feb 08 I** AAA (SO) 32 3,412.16 23.33� Credit Asset Trust Series XXXII** LAAA (SO) 24 2,662.28 18.20� Credit Asset Trust Series LXVI** F1+ (ind) (SO) 23 2,307.72 15.78� Indian Retail ABS Trust 96 2008** AAA (SO) 23 2,259.98 15.45� Credit Asset Trust Series LXVII** F1+ (ind) (SO) 5 501.83 3.43
Subtotal 11,143.97 76.19Total 14,274.89 97.59MONEY MARKET INSTRUMENTSBills Rediscounting Nil NilCommercial Papers (CP) /Certificate of Deposit (CD)State Bank of Patiala** P1+ 100 94.58 0.65Subtotal 94.58 0.65Treasury bills Nil NilCollateralised Borrowing &Lending Obligation Nil NilFixed DepositsDeposits(maturity not exceeding 91 days) Nil NilTotal 94.58 0.65OTHERSNet Current Assets 258.03 1.76
Grand Total 14,627.50 100.00Notes :
1) Total NPAs provided for and its percentage to NAV : Nil2) NAVs at a Glance :
Wholesale Plan March 31, 2009 September 30, 2008NAV per Unit ( Rs.) Growth Option 11.0063 10.4387
Retail Plan March 31, 2009 September 30, 2008NAV per Unit ( Rs.) Growth Option 10.9944 10.4481
Dividend Option 10.9944 10.4481
Quarterly Dividend Option 10.6876 10.2616
3) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity : 211.65 days5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil
(�) Top Ten Holdings, (**) Thinly Traded / Non-Traded Securities.
HDFC FIXED MATURITY PLANS - SERIES VII - 15MFEBRUARY 2008 (A CLOSE ENDED INCOME SCHEME)Name of the Instrument Rating Quantity Market/ % to
HALF-YEARLY PORTFOLIO STATEMENT OF THE SCHEMES / PLANS OF HDFC MUTUAL FUND AS ON MARCH 31, 2009[ Pursuant to Regulation 59A of Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 ]
Page: 20 (continued....)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
(Rs. In Lakhs)
OTHERSNet Current Assets 128.45 4.57Grand Total 2,812.74 100.00
Notes :1) Total NPAs provided for and its percentage to NAV : Nil2) NAVs at a Glance :
Wholesale Plan March 31, 2009 September 30, 2008NAV per Unit ( Rs.) Growth Option 11.0835 10.4791
Retail Plan March 31, 2009 September 30, 2008NAV per Unit ( Rs.) Growth Option 11.0381 10.4595
Dividend Option 11.0381 10.4595
Quarterly Dividend Option 10.0086 10.0232
3) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity: 95.55 days5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(**) Thinly Traded / Non-Traded Securities, ($) Sponsor.
HDFC FIXED MATURITY PLANS - SERIES VII - 14MFEBRUARY 2008 (A CLOSE ENDED INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
Notes :1) Total NPAs provided for and its percentage to NAV : Nil2) NAVs at a Glance :
Wholesale Plan March 31, 2009 September 30, 2008NAV per Unit ( Rs.) Growth Option 11.0514 10.5441
Retail Plan March 31, 2009 September 28, 2007NAV per Unit ( Rs.) Growth Option 11.0177 10.5271
Dividend Option 11.0177 10.5271
Quarterly Dividend Option 10.0017 10.0129
3) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity: 94.99 days5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(**) Thinly Traded / Non-Traded Securities.
HDFC FIXED MATURITY PLANS - SERIES VII - 13M MARCH 2008 (2) (A CLOSE ENDED INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
3) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity : 178.76 days5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(**) Thinly Traded / Non-Traded Securities.
HDFC FIXED MATURITY PLANS - SERIES VII - 370D MARCH 2008 (1)(A CLOSE ENDED INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
(Rs. In Lakhs)
DEBT INSTRUMENTS(a) Listed / awaiting listing onStock ExchangesGovernment Securities Nil NilNon-Convertible debentures / BondsIDBI Bank Limited** AA+ 990 9,881.89 16.82Housing Development FinanceCorporation Ltd.$ AAA 800 7,979.05 13.59Subtotal 17,860.94 30.41(b) Privately Placed / UnlistedNon-Convertible debentures / Bonds Nil NilSubtotal(c) Securitized Debt Instruments Nil NilTotal 17,860.94 30.41MONEY MARKET INSTRUMENTSBills Rediscounting Nil NilCommercial Papers (CP) /Certificate of Deposit (CD)ICICI Bank Ltd.** P1+/A1+ 10,100 9,775.46 16.65National Bank for Agriculture &Rural Development ** AAA 6,500 6,411.75 10.91Export - Import Bank of India** P1+ 3,700 3,607.52 6.15Oriental Bank of Commerce** P1+ 3,300 3,141.18 5.35Punjab National Bank** F1+ 2,000 1,958.68 3.34Corporation Bank** P1+ 1,100 1,069.31 1.83Subtotal 25,963.90 44.23Treasury bills Nil NilCollateralised Borrowing &Lending Obligation 7,305.02 12.44Subtotal 7,305.02 12.44Fixed DepositsDeposits (maturity not exceeding 91 days) Nil NilTotal 33,268.92 56.67OTHERSNet Current Assets 7,588.78 12.92Grand Total 58,718.64 100.00
Notes :1) Total NPAs provided for and its percentage to NAV : Nil2) NAVs at a Glance :
Wholesale Plan March 31, 2009 September 30, 2008NAV per Unit ( Rs.) Growth Option 10.9069 10.3704
Retail Plan March 31, 2009 September 30, 2008NAV per Unit ( Rs.) Growth Option 10.9069 10.3704
Dividend Option 10.9069 10.37043) Total outstanding exposure in Derivative Instruments : Nil 5) Average Portfolio Maturity : 110.98 days4) Total investments in Foreign Securities / Overseas ETFs : Nil 6) Investments in Fixed Deposits : Nil(**) Thinly Traded / Non-Traded Securities, ($) Sponsor.
HDFC FIXED MATURITY PLANS - SERIES VII - 370DMARCH 2008 (2) (A CLOSE ENDED INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
3) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity : 89.00 days5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(�) Top Ten Holdings, (**) Thinly Traded / Non-Traded Securities, ($) Sponsor.
HDFC FIXED MATURITY PLANS - SERIES VII - 18M APRIL 2008(A CLOSE ENDED INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
3) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity : 260.21 days5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(**) Thinly Traded / Non-Traded Securities, ($) Sponsor.
HDFC FIXED MATURITY PLANS - SERIES VII - 18MAPRIL 2008 (2) (A CLOSE ENDED INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
HALF-YEARLY PORTFOLIO STATEMENT OF THE SCHEMES / PLANS OF HDFC MUTUAL FUND AS ON MARCH 31, 2009[ Pursuant to Regulation 59A of Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 ]
Page: 21 (continued....)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
(Rs. In Lakhs)Treasury bills Nil NilCollateralised Borrowing &Lending Obligation 42.99 0.24Subtotal 42.99 0.24Fixed DepositsDeposits(maturity not exceeding 91 days) Nil NilTotal 42.99 0.24OTHERSNet Current Assets 425.51 2.35Grand Total 18,078.61 100.00
Notes :1) Total NPAs provided for and its percentage to NAV : Nil2) NAVs at a Glance :
Wholesale Plan March 31, 2009 September 30, 2008NAV per Unit ( Rs.) Growth Option 10.7252 10.1658
3) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity:141.65 days5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(**) Thinly Traded / Non-Traded Securities.
HDFC FIXED MATURITY PLANS - SERIES VIII - 370D JUNE 2008 (2)(A CLOSE ENDED INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
3) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity :179.11 days5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(**) Thinly Traded / Non-Traded Securities, ($) Sponsor.
HDFC FIXED MATURITY PLANS - SERIES VIII - 370D JULY 2008 (1)
(A CLOSE ENDED INCOME SCHEME)Name of the Instrument Rating Quantity Market/ % to
3) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity: 278.78 days5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(**) Thinly Traded / Non-Traded Securities, ($) Sponsor.
HDFC FIXED MATURITY PLANS - SERIES VIII - 370D MAY 2008(A CLOSE ENDED INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
3) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity: 96.82 days5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(•) Top Ten Holdings, (**) Thinly Traded / Non-Traded Securities.
HDFC FIXED MATURITY PLANS - SERIES VIII - 370D MAY 2008 (2) (A CLOSE ENDED INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
3) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity: 84.07 days5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(**) Thinly Traded / Non-Traded Securities, ($) Sponsor.
HDFC FIXED MATURITY PLANS - SERIES VIII - 370D MAY 2008 (3)(A CLOSE ENDED INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
3) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity : 81.12 days5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(**) Thinly Traded / Non-Traded Securities, ($) Sponsor
HDFC FIXED MATURITY PLANS - SERIES VIII - 370D JUNE 2008 (1)(A CLOSE ENDED INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
HALF-YEARLY PORTFOLIO STATEMENT OF THE SCHEMES / PLANS OF HDFC MUTUAL FUND AS ON MARCH 31, 2009[ Pursuant to Regulation 59A of Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 ]
Page: 22 (continued....)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
(Rs. In Lakhs)Commercial Papers (CP) /Certificate of Deposit (CD) Nil NilTreasury bills Nil NilCollateralised Borrowing &Lending Obligation 185.98 0.70Subtotal 185.98 0.70Fixed Deposits Nil NilDeposits(maturity not exceeding 91 days)Total 185.98 0.70OTHERSNet Current Assets 917.46 3.45Grand Total 26,606.92 100.00
Notes :1) Total NPAs provided for and its percentage to NAV : Nil2) NAVs at a Glance :
Wholesale Plan March 31, 2009 September 30, 2008NAV per Unit ( Rs.) Growth Option 10.6594 10.0996
Retail Plan March 31, 2009 September 30, 2008NAV per Unit ( Rs.) Growth Option 10.6059 10.0928
3) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity : 1.29 years5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(�) Top Ten Holdings.
HDFC FIXED MATURITY PLANS - SERIES IX - 370D AUGUST 2008 (1)(A CLOSE ENDED INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
3) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity :182.11 years5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(**) Thinly Traded / Non-Traded Securities.
HDFC FIXED MATURITY PLANS - SERIES IX - 370D AUGUST 2008 (2)(A CLOSE ENDED INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
3) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity :173.04 days5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(**) Thinly Traded / Non-Traded Securities, (NA) No Unit Holders.
HDFC FIXED MATURITY PLANS - SERIES IX - 22MSEPTEMBER 2008 (A CLOSE ENDED INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
3) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity: 1.31years5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(�) Top Ten Holdings, (**) Thinly Traded / Non-Traded Securities.
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
(Rs. In Lakhs)Bills Rediscounting Nil NilCommercial Papers (CP) /Certificate of Deposit (CD)
� State Bank of Patiala** P1+ 600 567.46 3.58Subtotal 567.46 3.58Treasury bills Nil NilCollateralised Borrowing &Lending Obligation 85.99 0.54Subtotal 85.99 0.54Fixed DepositsDeposits(maturity not exceeding 91 days) Nil NilTotal 653.45 4.12OTHERSNet Current Assets 516.34 3.26Grand Total 15,857.29 100.00
Notes :1) Total NPAs provided for and its percentage to NAV : Nil2) NAVs at a Glance :
Wholesale Plan March 31, 2009 September 30, 2008NAV per Unit ( Rs.) Growth Option 10.6989 10.1485
3) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity : 209.31 days5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(�) Top Ten Holdings, (**) Thinly Traded / Non-Traded Securities.
HDFC FIXED MATURITY PLANS - SERIES IX - 370D JULY 2008 (2)(A CLOSE ENDED INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
3) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity : 202.25 days5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil
HDFC FIXED MATURITY PLANS - SERIES IX - 20M AUGUST 2008(A CLOSE ENDED INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
HALF-YEARLY PORTFOLIO STATEMENT OF THE SCHEMES / PLANS OF HDFC MUTUAL FUND AS ON MARCH 31, 2009[ Pursuant to Regulation 59A of Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 ]
Page: 23 (continued....)
HDFC FIXED MATURITY PLANS - SERIES IX - 370DSEPTEMBER 2008 (1) (A CLOSE ENDED INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
3) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity :195.01 days5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(**) Thinly Traded / Non-Traded Securities, ($) Sponsor.
HDFC FIXED MATURITY PLANS - SERIES IX - 18MOCTOBER 2008 (1) (A CLOSE ENDED INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
(Rs. In Lakhs)DEBT INSTRUMENTS(a) Listed / awaiting listing onStock ExchangesGovernment Securities Nil NilNon-Convertible debentures / BondsShriram Transport Finance Co. Ltd.** AA (ind) / AA 90 897.20 18.10Power Finance Corporation Ltd** AAA 60 612.88 12.36Housing DevelopmentFinance Corporation Ltd.**$ AAA 50 522.40 10.53National Bank for Agriculture andRural Development** AAA 50 506.55 10.21Housing DevelopmentFinance Corporation Ltd.$ AAA 26 265.76 5.36Tata Capital Ltd.** LAA+ 30 259.06 5.22Kotak Mahindra Prime Ltd.** AA 18 179.59 3.62Trent Ltd.** LAA 20,000 103.91 2.09Subtotal 3,347.35 67.49(b) Privately Placed / UnlistedNon-Convertible debentures / BondsTrent Ltd.** AA 62 660.75 13.33Tata Sons Ltd.** AAA 50 480.79 9.69Subtotal 1,141.54 23.02(c) Securitized Debt InstrumentsBHPC Auto Securitisation Trust Feb 08 I** AAA (SO) 2 215.38 4.34Subtotal 215.38 4.34Total 4,704.27 94.85MONEY MARKET INSTRUMENTSBills Rediscounting Nil NilCommercial Papers (CP) /Certificate of Deposit (CD) Nil NilTreasury bills Nil NilCollateralised Borrowing &Lending Obligation 21.00 0.42Subtotal 21.00 0.42Fixed DepositsDeposits(maturity not exceeding 91 days) Nil NilTotal 21.00 0.42OTHERSNet Current Assets 234.66 4.73Grand Total 4,959.93 100.00
Notes :1) Total NPAs provided for and its percentage to NAV : Nil2) NAVs at a Glance :
Wholesale Plan March 31, 2009 September 30, 2008NAV per Unit ( Rs.) Growth Option 10.8986 ***
3) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity: 1.26 years5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(**) Thinly Traded / Non-Traded Securities, ($) Sponsor, (***) Date of Allotment: 16.10.2008.
HDFC FIXED MATURITY PLANS - SERIES IX - 370DOCTOBER 2008 (1) (A CLOSE ENDED INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
3) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity: 200.14 days5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(**) Thinly Traded / Non-Traded Securities, (***) Date of Allotment: 21.10.2008
HDFC FIXED MATURITY PLANS - SERIES VIII - 181DOCTOBER 2008 (1) (A CLOSE ENDED INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
3) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity:1.35 years5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(**) Thinly Traded / Non-Traded Securities, ($) Sponsor, (***) Date of Allotment: 03.11.2008.
HDFC FIXED MATURITY PLANS - SERIES IX - 370DNOVEMBER 2008 (1) (A CLOSE ENDED INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
3) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity: 223.55 days5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(**) Thinly Traded / Non-Traded Securities, (***) Date of Allotment: 07.11.2008.
HDFC FIXED MATURITY PLANS - SERIES IX - 17M NOVEMBER 2008 (1) (A CLOSE ENDED INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
3) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity : 1.27 yrs5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(�) Top Ten Holdings, (**) Thinly Traded / Non-Traded Securities, ($) Sponsor. (***) Date of Allotment: 27.11.2008
HDFC FIXED MATURITY PLANS - SERIES X - 16 MDECEMBER 2008 (1) (A CLOSE ENDED INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
3) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity : 1.21 years5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(**) Thinly Traded / Non-Traded Securities, ($) Sponsor, (***) Date of Allotment: 10.12.2008.
HDFC FIXED MATURITY PLANS - SERIES IX - 370DDECEMBER 2008 (1) (A CLOSE ENDED INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
HALF-YEARLY PORTFOLIO STATEMENT OF THE SCHEMES / PLANS OF HDFC MUTUAL FUND AS ON 31ST MARCH 2009[ Pursuant to Regulation 59A of Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 ]
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DIVIDEND HISTORY *
HDFC GROWTH FUNDDividend Plan
Record NAV as on Dividend Per Unit (Re.) for Date Record Date Individuals & HUF Others
26-Feb-09 17.949 2.250 2.250
HDFC EQUITY FUNDDividend Plan
Record NAV as on Dividend Per Unit (Re.) for Date Record Date Individuals & HUF Others
19-Mar-09 23.252 3.000 3.000
HDFC TOP 200 FUNDDividend Plan
Record NAV as on Dividend Per Unit (Re.) for Date Record Date Individuals & HUF Others
5-Mar-09 23.364 3.000 3.000
HDFC CAPITAL BUILDER FUNDDividend Plan
Record NAV as on Dividend Per Unit (Re.) for Date Record Date Individuals & HUF Others
5-Mar-09 12.936 2.000 2.000
HDFC BALANCED FUNDDividend Plan
Record NAV as on Dividend Per Unit (Re.) for Date Record Date Individuals & HUF Others
26-Feb-09 12.326 1.500 1.500
HDFC PRUDENCE FUNDDividend Plan
Record NAV as on Dividend Per Unit (Re.) for Date Record Date Individuals & HUF Others
19-Mar-09 17.393 2.500 2.500
HDFC LONG TERM ADVANTAGE FUNDDividend Plan
Record NAV as on Dividend Per Unit (Re.) for Date Record Date Individuals & HUF Others
26-Feb-09 21.698 3.500 3.500
HDFC TAXSAVERDividend Plan
Record NAV as on Dividend Per Unit (Re.) for Date Record Date Individuals & HUF Others
5-Mar-09 31.155 5.000 5.000
HDFC ARBITRAGE FUNDWholesale Plan Quarterly Dividend Option
Record NAV as on Dividend Per Unit (Re.) for Date Record Date Individuals & HUF Others
26-Dec-08 10.295 0.295 0.295
25-Mar-09 10.119 0.119 0.119
Retail Plan Quarterly Dividend OptionRecord NAV as on Dividend Per Unit (Re.) for Date Record Date Individuals & HUF Others
26-Dec-08 10.289 0.289 0.289
25-Mar-09 10.112 0.112 0.112
Wholesale Plan Monthly Dividend OptionRecord NAV as on Dividend Per Unit (Re.) for Date Record Date Individuals & HUF Others
3) For details on dividend declared during the half-year ended March 31, 2009, please refer to Dividend History Table.4) Total outstanding exposure in Derivative Instruments : Nil 6) Average Portfolio Maturity: 257.16 days5) Total investments in Foreign Securities / Overseas ETFs : Nil 7) Investments in Fixed Deposits : Nil(**) Thinly Traded / Non-Traded Securities, (***) Date of Allotment: 11.12.2008, ($) Sponsor.
HDFC FIXED MATURITY PLANS - SERIES X - 13M MARCH 2009 (1) (A CLOSE ENDED INCOME SCHEME)
Name of the Instrument Rating Quantity Market/ % toFair Value NAV
Wholesale Plan Monthly Dividend OptionRecord NAV as on Dividend Per Unit (Re.) for Date Record Date Individuals & HUF Others
27-Oct-08 10.2224 NA 0.063824-Nov-08 10.2186 NA 0.060829-Dec-08 10.2303 NA 0.070227-Jan-09 10.2124 NA 0.055724-Feb-09 10.2035 NA 0.048430-Mar-09 10.2106 NA 0.0543
NA: No unit holders
Wholesale Plan Weekly Dividend OptionRecord NAV as on Dividend Per Unit (Re.) for Date Record Date Individuals & HUF Others
Month NAV as on Dividend Per Unit (Re.) forRecord Date Individuals & HUF Others
Record NAV as on Dividend Per Unit (Re.) for Date Record Date Individuals & HUF Others
* Dividend is declared on the face value of the unit i.e. Rs.10/- per unit. Past performance may or may not be sustained in future. ** Please log on to www.hdfcfund.com for Record date-wise listing of Dividends declared. Page: 25 (continued....)
HDFC FMP - SERIES VI - 18MJANUARY 2008
Retail Plan Quarterly Dividend OptionRecord NAV as on Dividend Per Unit (Re.) for Date Record Date Individuals & HUF Others
26-Dec-08 10.4306 0.0935 0.0871
HDFC FMP - SERIES VII - 15MFEBRUARY 2008
Retail Plan Quarterly Dividend Option
Record NAV as on Dividend Per Unit (Re.) for Date Record Date Individuals & HUF Others
DIVIDEND HISTORY (CONTD.)Risk Factors: All mutual funds and securities investments are subject to market risks and there can be no assurance that theSchemes’ objectives will be achieved and the NAV of the Schemes may go up or down depending upon the factors and forcesaffecting the securities market. Past performance of the Sponsors and their affiliates / AMC / Mutual Fund and its Scheme(s) donot indicate the future performance of the Scheme of the Mutual Fund. There is no assurance or guarantee to unit holders asto the rate of dividend distribution nor that dividends will be paid regularly. Investors in the Schemes are not being offered anyguaranteed / assured returns. The NAV of the units issued under the Schemes may be affected, inter-alia by changes in theinterest rates, trading volumes, settlement periods, transfer procedures and performance of individual securities. The NAV willinter-alia be exposed to Price / Interest Rate Risk and Credit Risk. HDFC Growth Fund (an open-ended growth scheme; theobjective of the scheme is to generate long term capital appreciation from a portfolio that is invested predominantly in equity andequity related instruments), HDFC Equity Fund (an open-ended growth scheme; the objective of the scheme is to achievecapital appreciation), HDFC Top 200 Fund (an open-ended growth scheme; the objective of the scheme is to generate longterm capital appreciation from a portfolio of equity and equity linked instruments primarily drawn from the companies in BSE 200index), HDFC Capital Builder Fund (an open-ended growth scheme; the objective of the scheme is to achieve capitalappreciation in the long term), HDFC Core & Satellite Fund (an open-ended growth scheme; the objective of the scheme isto generate capital appreciation through equity investment in companies whose shares are quoting at prices below their truevalue), HDFC Premier Multi-Cap Fund (an open-ended growth scheme, the objective of the scheme is to generate capitalappreciation in the long term through equity investments by investing in a diversified portfolio of Mid Cap & Large Cap ‘blue chip’companies), HDFC Index Fund (an open-ended index linked scheme; the scheme has 3 plans viz - Nifty Plan - the objectiveof the Plan is to generate returns that are commensurate with the performance of the Nifty, subject to tracking error, Sensex Plan– the objective of the Plan is to generate returns that are commensurate with the performance of the SENSEX, subject to trackingerror, and Sensex Plus Plan - the objective of the Plan is to invest 80 to 90% of the net assets of the Plan in companies whosesecurities are included in SENSEX and between 10% & 20% of the net assets in companies whose securities are not includedin the SENSEX), HDFC Long Term Advantage Fund (an open-ended equity linked savings scheme with a lock-in period of3 years; the objective of the Scheme is to generate long term capital appreciation from a portfolio that is invested predominantlyin equity and equity related instruments), HDFC TaxSaver (an open-ended equity linked savings scheme with a lock-in periodof 3 years; the objective of the scheme is to achieve long term growth of capital), HDFC Arbitrage Fund (an open-ended equityfund, the objective of the Scheme is to generate income through arbitrage opportunities between cash and derivative marketand arbitrage opportunities within the derivative segment and by deployment of surplus cash in debt securities and moneymarket instruments), HDFC Long Term Equity Fund (a close-ended equity scheme with a maturity period of 5 years withautomatic conversion into an open-ended scheme upon maturity of the Scheme, the objective of the scheme is to achieve long-term capital appreciation), HDFC Mid-Cap Opportunities Fund (a 3 year close-ended equity scheme with automaticconversion into an open-ended scheme upon maturity, the objective of the scheme is to generate long-term capital appreciationfrom a portfolio that is substantially constituted of equity and equity related securities of Small and Mid-Cap companies), HDFCInfrastructure Fund, (a 3 year close-ended equity scheme with automatic conversion into an open-ended scheme uponmaturity, the objective of the scheme is to seek long-term capital appreciation by investing predominantly in equity and equityrelated securities of companies engaged in or expected to benefit from the growth and development of infrastructure), HDFCBalanced Fund (an open-ended balanced scheme; the objective of the Scheme is to generate capital appreciation along withcurrent income from a combined portfolio of equity and equity related and debt and money market instruments), HDFCPrudence Fund (an open-ended balanced scheme; the objective of the scheme is to provide periodic returns and capitalappreciation over a long period of time from a judicious mix of equity and debt instruments with an aim to prevent / minimise anycapital erosion), HDFC Children’s Gift Fund (an open-ended balanced scheme; the objective of both the Plans under theScheme is to generate long term capital appreciation), HDFC MF Monthly Income Plan (an open-ended income scheme.Monthly income is not assured and is subject to availability of distributable surplus; the objective of the scheme is to generateregular returns through investment primarily in debt and money market instruments. The secondary objective of the scheme isto generate long term capital appreciation by investing a portion of the scheme’s assets in equity and equity related instruments),HDFC Multiple Yield Fund (an open-ended income scheme, the objective of the scheme is to generate positive returns overmedium time frame with low risk of capital loss over medium time frame), HDFC Multiple Yield Fund- Plan 2005 (an open-ended income scheme, the objective of the scheme is to generate positive returns over the medium time frame with low risk ofcapital loss over medium time frame), HDFC Income Fund (an open-ended income scheme; the objective of the Scheme is tooptimise returns while maintaining a balance of safety, yield and liquidity), HDFC High Interest Fund (an open-ended incomescheme; the objective of the Scheme is to generate income by investing in a range of debt and money market instruments ofvarious maturity dates with a view to maximise income while maintaining the optimum balance of yield, safety and liquidity),HDFC Short Term Plan (an open-ended income scheme; the objective of the scheme is to generate regular income throughinvestment in debt securities and money market instruments), HDFC Gilt Fund (an open-ended income scheme; the objectiveof the scheme is to generate credit risk free returns through investments in sovereign securities issued by the Central Govern-ment and/or a State Government), HDFC Floating Rate Income Fund (an open-ended income scheme; the objective of thescheme is to generate regular income through investment in a portfolio comprising substantially of floating rate debt / moneymarket instruments, fixed rate debt / money market instruments swapped for floating rate returns, and fixed rate debt securitiesand money market instruments), HDFC Liquid Fund (an open-ended liquid income scheme; the objective of the Scheme is toenhance income consistent with a high level of liquidity, through a judicious portfolio mix comprising of money market and debtinstruments), HDFC Cash Management Fund (Savings & Call Plan, an open-ended high liquidity income scheme; theobjective of the scheme is to generate optimal returns while maintaining safety and high liquidity; Treasury Advantage Plan,an open-ended income scheme, the objective is to generate regular income through investment in debt securities and moneymarket instruments), HDFC Fixed Maturity Plans, HDFC Fixed Maturity Plans – Series V, HDFC Fixed Maturity Plans– Series VI , HDFC Fixed Maturity Plans – Series VII, HDFC Fixed Maturity Plans – Series VIII, HDFC FixedMaturity Plans – Series IX and HDFC Fixed Maturity Plans – Series X (close-ended income schemes, the objective ofthe Plans under the Scheme is to generate regular income through investments in Debt/Money Market Instruments andGovernment Securities) and HDFC Quarterly Interval Fund (an open-ended interval income scheme, the objective of thePlans under the Scheme is to generate regular income through investments in Debt / Money Market Instruments and Govern-ment Securities) are only the names of the Scheme(s) and do not in any manner indicate either the quality of the Scheme(s),their future prospects and returns. In view of the individual nature of tax consequences, each investor is advised to consult his/her professional tax advisor. Please read the offer document(s) of the respective Scheme(s) before investing.
“Standard & Poor’s ®” and “S & P ®” are trademarks of The McGraw-Hill Companies, Inc. and have been licensed for use byIndia Index Services & Products Limited (IISL), which has sublicensed such marks to HDFC Asset Management CompanyLimited. The S & P CNX Nifty is not compiled calculated or distributed by Standard & Poor’s and IISL make no representationregarding the advisability of investing in products that utilize any such Index as a component. All rights in the SENSEX vest inBombay Stock Exchange Ltd. (“BSE”). BSE and SENSEX are trademarks of BSE and are used by HDFC Asset ManagementCompany Limited under license. BSE shall not be liable in any manner whatsoever (including in negligence) for any loss arisingto any person whosoever out of use of or reliance on the SENSEX by any person.
HDFC Equity Fund, HDFC Capital Builder Fund, HDFC TaxSaver and HDFC Premier Multi-Cap Fund and HDFC Infrastruc-ture Fund benchmarked to S&P CNX 500 Index, HDFC Mid-Cap Opportunities Fund benchmarked to CNX Midcap Index andHDFC Long Term Equity Fund benchmarked to S&P CNX Nifty, are not sponsored, endorsed, sold or promoted by India IndexServices & Products Limited (IISL). IISL is not responsible for any errors or omissions or the results obtained from the use ofsuch index and in no event shall IISL have any liability to any party for any damages of whatsoever nature (including lost profits)resulted to such party due to purchase or sale or otherwise of such product benchmarked to such index.
Statutory Details: HDFC Mutual Fund has been set up as a trust sponsored by Housing Development Finance CorporationLimited and Standard Life Investments Limited (liability restricted to their contribution of Rs. 1 lakh each to the corpus) with HDFCTrustee Company Limited as the Trustee (Trustee under the Indian Trusts Act, 1882) and with HDFC Asset ManagementCompany Limited as the Investment Manager.
* Dividend is declared on the face value of the unit i.e. Rs.10/- per unit. Past performance may or may not be sustained in future.