Fund manager · HDFC

Praveen Jain

Fund Manager and Senior Credit Analyst - Fixed Income at HDFC. Runs 7 schemes worth ₹72,045 Cr.

Fund house
HDFCThey run their schemes at HDFC.
AUM they run
₹72,045 CrThe AUM of the schemes they run, as main or co-manager, at the latest month's end, as AMFI reports it. A scheme two people run counts for both.
Schemes
7 now · 0 beforeSchemes they run now, as main or co-manager, and ones they ran before, since Sept 2024.
Experience
21 yearsCollectively around 21 years of experience in Fund Management, Credit Research and Dealing

Profile^{(HDFC's SAI, 30 Jun 2026)}

About

Role: Fund Manager and Senior Credit Analyst - Fixed Income
Studied: B.Com. (Hons.), Chartered Accountant, CFA (CFA Institute)
Age: 43 years
Experience: Collectively around 21 years of experience in Fund Management, Credit Research and Dealing

Schemes now7

HDFC Money Market Fund₹27,624 Cr
HDFC Ultra Short to Short Term Fund₹16,513 Cr
HDFC Ultra Short Term Fund₹15,675 Cr
HDFC Credit Risk Fund₹7,631 Cr
HDFC Medium Term Fund₹3,499 Cr
HDFC CRISIL IBX Financial Services 9 12 Months Debt Index Fund₹1,073 Cr
and 1 more, all below

AUM they run^{(Oct 2022 – Sept 2026)}

AUM at month end each month, and its change on the month before
12 months	₹ Cr	Change
Sept 2026	72,045	−10.7%
Aug 2026	80,703	+2.7%
Jul 2026	78,615	+5.5%
Jun 2026	74,497	−3.0%
May 2026	76,825	−4.6%
Apr 2026	80,565	+3.9%
Mar 2026	77,552	+3.7%
Feb 2026	74,796	−1.3%
Jan 2026	75,757	+2.8%
Dec 2025	73,672	−9.5%
Nov 2025	81,424	+2.3%
Oct 2025	79,629	+1.7%

AUM at month end, Sept 2026

₹72,045

−9.5% since Oct 2025

Fig. 1.The AUM of the schemes Praveen Jain ran at each month's end, each only in the months they ran it, ₹ crore. A scheme two people run counts in full for both. Source: AMFI.

Schemes over time^{(Oct 2022 – now)}

HDFC2023202420252026

Fig. 1.The schemes they ran when, the oldest first: each from the date its fund house gives, or the first document listing them where it gives none, to when they left, coloured by fund house.

Schemes^{(Oct 2022 – now)}

HDFC

7 now · since Oct 2022

HDFC Money Market Fund
Fund managerAug 2024—2y 3m₹27,624 CrMoney MarketTER 0.22%
HDFC Medium Term Fund
Co-managerMar 2026—8m₹3,499 CrMedium TermTER 0.70%

Source.Each scheme's Scheme Summary Document at AMFI and its filings at NSE.

Performance^{(7 schemes)}

Growth · Direct plans

Return as manager: +7.23%
Beat peers: 2 of 3
vs peers: +0.04 pt
Longest run: 4.0 years
Beat benchmark: Upcoming

Each scheme Praveen Jain ran, against its peers and benchmark over the same months. Source: AMFI. Click a column's header to sort by it.

HDFC Ultra Short to Short Term Fund	Oct '22–now · 4.0y	+7.40%	+7.30%	+0.10 pt	–	–
HDFC Ultra Short Term Fund	Aug '24–now · 2.2y	+7.03%	+7.11%	−0.08 pt	–	–
HDFC Money Market Fund	Aug '24–now · 2.2y	+7.23%	+7.19%	+0.04 pt	–	–
HDFC Medium Term Fund	Mar '26–now · 0.6y	+3.45%	+2.98%	+0.48 pt	–	–
HDFC Credit Risk Fund	Mar '26–now · 0.6y	+3.92%	+4.57%	−0.65 pt	–	–
HDFC Income Plus Arbitrage Omni FoF	Mar '26–now · 0.6y	+4.26%	+1.35%	+2.91 pt	–	–
HDFC CRISIL IBX Financial Services 9 12 Months Debt Index Fund	Mar '26–now · 0.6y	+4.09%	+3.68%	+0.41 pt	–	–

Fig. 1.Each scheme Praveen Jain ran, against its peers and benchmark over the same months. Source: AMFI.

Works with^{(3 now)}

Bhavyesh DivechaCredit Risk Fund · Medium Term Fund · Income Plus Arbitrage Omni FoF3 schemes
Anil BamboliUltra Short Term Fund · Medium Term Fund2 schemes
Anupam JoshiUltra Short to Short Term Fund · CRISIL IBX Financial Services 9 12 Months Debt Index Fund2 schemes

Career^{(Nov 2004 – now)}

HDFC Asset Management Company Limited

Position not stated
Sept 2007—19y 2m

Larsen & Toubro Limited

Assistant Manager
Aug 2005—Sept 20072y 2m

Tata Motors Limited

Senior Officer
Nov 2004—Aug 200510m

Source.HDFC's Statement of Additional Information, as of 30 Jun 2026.