HDFC Medium Term Debt Fund Direct Plan Growth Option
Debt
Direct
Medium Duration
NAV: ₹ 54.88 as on 24-04-2024
Fund Performance
180 people have invested ₹ 50.8L in HDFC Medium Term Debt Fund Direct Plan Growth Option in the last three months
Mutual Fund Insights
In the last 3 years, Aditya Birla Sun Life Medium Term Plan Direct Plan Growth has given 13.04% return, outperforming this fund by 6.94% per annum.
This fund has one of the lowest expense ratio in the category (medium duration). Its expense ratio is 0.59% which is lower than the category average expense ratio of 0.85%.
In the last 1 year, Kotak Medium Term Direct Growth has given 8.28% return, outperforming this fund by 0.8%.
In the last 5 years, Aditya Birla Sun Life Medium Term Plan Direct Plan Growth has given 9.34% return, outperforming this fund by 1.83% per annum.
Over the last 6 months, this fund has experienced a 2.1% drop in AUM moving from 4.29K Cr to 4.19K Cr.
About the HDFC Medium Term Debt Fund Direct Plan Growth Option
HDFC Medium Term Debt Fund Direct Plan Growth Option 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
- HDFC Medium Term Debt Fund Direct Plan Growth Option has ₹4200 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.6.
HDFC Medium Term Debt Fund Direct Plan Growth Option Overview
 | 0.59% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹4200 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 43.54% |
HDFC Medium Term Debt Fund Direct Plan Growth Option Distribution as on (31-Mar-24)
Sector Allocation
Financial Services
100%
Top Holdings of HDFC Medium Term Debt Fund Direct Plan Growth Option as on (31-Mar-24)
Equity Holdings1
Debt Holdings89
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Bharat Highways InvIT Unit | 0.28% | 0% |
HDFC Medium Term Debt Fund Direct Plan Growth Option: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 4.2K Cr as of Mar'24
- AUM increased by 2.7 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
HDFC Medium Term Debt Fund Direct Plan Growth Option Fund Manager
Shobhit Mehrotra
Fund Manager of HDFC Medium Term Debt Fund Direct Plan Growth Option, since 1 September 2007
Top funds managed
HDFC Medium Term Debt Fund Direct Plan Growth Option Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 8.13% since inception which is more than its category average return of 4.4%
Fund Allocations
This fund has an allocation of 0.29% in Equity, 95.3% in Debt and 4.16% in Cash related instruments
AUM size ₹4200 Cr
This fund has AUM of ₹4200 Cr which is more than its category average of ₹ 1550 Cr
Expense Ratio 0.59%
This fund has an expense ratio of 0.59% which is less than its category average expense ratio of 1.01%
Frequently Asked Questions
The current NAV of HDFC Medium Term Debt Fund Direct Plan Growth Option is ₹54.88 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
HDFC Medium Term Debt Fund Direct Plan Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | 0.39% | 0.39% |
6 Month Returns | 4.2% | 4.2% |
1 Year Returns | 7.48% | 7.48% |
3 Years Returns | 19.44% | 6.1% |
5 Years Returns | 43.63% | 7.51% |
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.
0.59% as on March 2024
₹4200 Cr as on March 2024
7.18% Govt Stock 2037(5.6%), 7.26% Govt Stock 2032(3.59%), Tata Steel Limited(3.48%), 6.54% Govt Stock 2032(3.43%), 7.26% Govt Stock 2033(3.35%) as on March 2024
Corporate(58.78%), Government(36.46%), Cash Equivalent(3.58%) as on March 2024
Yield to Maturity is 7.95 as on March 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 3.46 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 73.25 |
AA | 26.75 |
Shobhit Mehrotra is the fund manager of HDFC Medium Term Debt Fund Direct Plan Growth Option
The Exit load of HDFC Medium Term Debt Fund Direct Plan Growth Option is 0%