HDFC Medium Term Debt Fund Direct Growth

Debt
Direct
Medium Duration
HDFC Medium Term Debt Fund Direct Growth

About the Fund

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 ₹4139 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
  2. The fund has an expense ratio 0.6.

Returns

HDFC Medium Term Debt Fund Direct Growth has given a CAGR return of 8.17% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.68%, 6.21% and 7.24% 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, Tata Steel Limited, 6.54% Govt Stock 2032, 7.26% Govt Stock 2032, 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.

Fund Performance
zero opening, trading, fund transfer fee
155 people have invested ₹ 57L in HDFC Medium Term Debt Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.6%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹4139 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
43.54%
Risk
Risk meter
pointer
Moderately High risk

Fund Distribution
as on (30-Jun-24)

  • Equity 0.6%

  • Debt & Cash 99.1%

Sector Allocation

Jun'24

May'24

Apr'24

Financial Services
100%
All changes are between Oct'69 and Dec'69

as on (30-Jun-24)

  • Equity

  • Debt & Cash

Holdings
Weight%
1M Change
Bharat Highways InvIT Unit
Bharat Highways InvIT Unit
0.6%
0%

Shobhit Mehrotra
Shobhit Mehrotra
Fund Manager of HDFC Medium Term Debt Fund Direct Growth, since 1 September 2007

Mutual Fund Insights

Insights icon
Over the last 1 month, this fund has increased expense ratio by 1.7% moving from 0.59 to 0.60.
Insights icon
This fund has one of the lowest expense ratio in the category (medium duration). Its expense ratio is 0.6% which is lower than the category average expense ratio of 0.83%.
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In the last 1 year, Kotak Medium Term Direct Growth has given 8.81% return, outperforming this fund by 1.13%.
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In the last 3 years, Aditya Birla Sun Life Medium Term Plan Direct Plan Growth has given 13.5% return, outperforming this fund by 7.29% per annum.
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In the last 5 years, Aditya Birla Sun Life Medium Term Plan Direct Plan Growth has given 9.41% return, outperforming this fund by 2.17% per annum.

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 8.17% since inception which is more than its category average return of 4.47%
Fund Allocations

Fund Allocations

This fund has an allocation of 0.6% in Equity, 95.35% in Debt and 3.79% in Cash related instruments
AUM size ₹4139 Cr

AUM size ₹4139 Cr

This fund has AUM of ₹4139 Cr which is more than its category average of ₹ 1494 Cr
Expense Ratio 0.6%

Expense Ratio 0.6%

This fund has an expense ratio of 0.6% which is less than its category average expense ratio of 0.96%

Frequently Asked Questions

The current NAV of HDFC Medium Term Debt Fund Direct Growth is ₹56.13 as on 19-Jul-2024.
Existing (Absolute + CAGR) as on 19-Jul-2024.
HDFC Medium Term Debt Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.75%
0.75%
6 Month Returns
4.28%
4.28%
1 Year Returns
7.68%
7.68%
3 Years Returns
19.8%
6.21%
5 Years Returns
41.85%
7.24%
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.
0.6% as on June 2024
₹4139 Cr as on June 2024
7.18% Govt Stock 2037(7.34%), Tata Steel Limited(3.52%), 6.54% Govt Stock 2032(3.51%), 7.26% Govt Stock 2032(3.3%), 7.26% Govt Stock 2033(3.18%) as on June 2024
Corporate(58.24%), Government(37.1%), Cash Equivalent(3.19%) as on June 2024
Yield to Maturity is 7.95 as on June 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 3.58 as on June 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
70.99
AA
29.01
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%