HDFC Medium Term Debt Fund Direct Growth

HDFC Medium Term Debt Fund Direct Growth

Debt

Direct

Medium Duration

NAV as on 06-12-2024

₹ 58.14

-0.1%

1D

Inception Returns

8.2%

/yr

About HDFC Medium Term Debt Fund Direct Growth

HDFC Medium Term Debt Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Shobhit Mehrotra. This fund is suitable to keep your money safe.

Key Parameters

  1. HDFC Medium Term Debt Fund Direct Growth has ₹3985 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
  2. The fund has an expense ratio 0.7.

Returns

HDFC Medium Term Debt Fund Direct Growth has given a CAGR return of 8.20% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.19%, 6.52% and 7.38% respectively.

Holdings

HDFC Medium Term Debt Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Government, Cash Equivalent, Securitize. Its top holdings are 7.18% Govt Stock 2037, 7.23% Govt Stock 2039, 6.54% Govt Stock 2032, Tata Steel Limited, 7.26% Govt Stock 2033

Taxation

As it is a medium duration mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of HDFC Medium Term Debt Fund Direct Growth

To generate income / capital appreciation through investments in Debt and Money Market Instruments.There is no assurance that the investment objective of the Scheme will be realized.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. HDFC Medium Term Debt Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
293 people have invested ₹ 28.4L in HDFC Medium Term Debt Fund Direct Growth in the last three months

HDFC Medium Term Debt Fund Direct Growth Overview

Expense ratio0.65%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹3985 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
25.16%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderately High risk

Trailing Returns

as on (06-Dec-24)

Period
HDFC Medium Term Debt Fund Direct Growth
Medium Duration Index
1M
0.6%
0.6%
3M
2%
1.8%
6M
4.7%
4.1%
1Y
9.2%
8.3%
3Y
6.5%
6.1%
5Y
7.4%
6.1%

Fund Distribution

as on (31-Oct-24)

  • Equity 0.7%

  • Debt & Cash 99.1%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
100%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 4K Cr
₹ 4.1K Cr
₹ 4.1K Cr
  • AUM of the fund stands at 4K Cr as of Oct'24
  • AUM decreased by 45.6 Cr between Oct'24 and Sep'24
Cash allocation has gone up from 5.3% to 6.3%
Cash allocation has gone up from 5.3% to 6.3%
Debt allocation has gone down from 93.8% to 92.8%
Debt allocation has gone down from 93.8% to 92.8%

Top 3 Sectors in October were Financial Services, Corporate & Government

Oct'24
Financial Services
100%
Corporate
56%
Government
37%
Sep'24
Financial Services
100%
Corporate
57%
Government
38%
  • Equity

  • Debt & Cash

Holdings
Weight%
1M Change
Bharat Highways InvIT Unit
Bharat Highways InvIT Unit
0.67%
0%
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Shobhit Mehrotra
Shobhit Mehrotra
Fund Manager of HDFC Medium Term Debt Fund Direct Growth, since 1 September 2007
Fund House
HDFC Asset Management Co Ltd
Total Schemes
Total AUM
₹8.1L Cr
as on 31-Oct-2024
Address
HDFC Asset Management Company Limited,“HUL House”, 2nd Floor,,H.T. Parekh Marg,165-166, Backbay Reclamation,,Churchgate,
Phone
+912266316333
Website
cliser@hdfcfund.com

Mutual Fund Insights

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In the last 5 years, Aditya Birla Sun Life Medium Term Plan Direct Plan Growth has given 12.12% return, outperforming this fund by 4.75% per annum.
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Over the last 6 months, this fund has increased expense ratio by 10.2% moving from 0.59 to 0.65.
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In the last 3 years, Aditya Birla Sun Life Medium Term Plan Direct Plan Growth has given 14.52% return, outperforming this fund by 8% per annum.
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This fund has one of the lowest expense ratio in the category (medium duration). Its expense ratio is 0.65% which is lower than the category average expense ratio of 0.87%.
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In the last 1 year, Aditya Birla Sun Life Medium Term Plan Direct Plan Growth has given 11.66% return, outperforming this fund by 2.47%.
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Over the last 6 months, this fund has experienced a 4.6% drop in AUM moving from 4.17K Cr to 3.98K Cr.

HDFC Medium Term Debt Fund Direct Growth Highlights

Risk meter
pointer

Moderately High risk

Investors understand that their principal will be at Moderately High risk
About the fund

About the fund

This fund has delivered an average annual returns of 8.2% since inception which is more than its category average return of 4.68%
Fund Allocations

Fund Allocations

This fund has an allocation of 0.67% in Equity, 94.57% in Debt and 4.49% in Cash related instruments
AUM size ₹3985 Cr

AUM size ₹3985 Cr

This fund has AUM of ₹3985 Cr which is more than its category average of ₹ 1493 Cr
Expense Ratio 0.65%

Expense Ratio 0.65%

This fund has an expense ratio of 0.65% which is less than its category average expense ratio of 0.95%

Frequently Asked Questions for HDFC Medium Term Debt Fund Direct Growth

The current NAV of HDFC Medium Term Debt Fund Direct Growth is ₹58.14 as on 06-Dec-2024.
Existing (Absolute + CAGR) as on 06-Dec-2024.
HDFC Medium Term Debt Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.62%
0.62%
6 Month Returns
4.65%
4.65%
1 Year Returns
9.19%
9.19%
3 Years Returns
20.88%
6.52%
5 Years Returns
42.74%
7.38%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.65% as on November 2024
₹3985 Cr as on November 2024
7.18% Govt Stock 2037(7.7%), 7.23% Govt Stock 2039(4.77%), 6.54% Govt Stock 2032(3.7%), Tata Steel Limited(3.67%), 7.26% Govt Stock 2033(3.21%) as on November 2024
Corporate(55.3%), Government(38.56%), Cash Equivalent(4.5%) as on November 2024
Yield to Maturity is 7.74 as on November 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 3.82 as on November 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
61.67
AA
37
Shobhit Mehrotra is the fund manager of HDFC Medium Term Debt Fund Direct Growth
The Exit load of HDFC Medium Term Debt Fund Direct Growth is 0%