HDFC Medium Term Debt Fund Direct Plan Normal Reinvestment of Income Dis cum Cptl Wdrl Opt

Debt
Direct
Medium Duration
HDFC Medium Term Debt Fund Direct Plan Normal Reinvestment of Income Dis cum Cptl Wdrl Opt

About the Fund

HDFC Medium Term Debt Fund Direct Plan Normal Reinvestment of Income Dis cum Cptl Wdrl Opt is a debt fund. This fund was started on 22 October, 2014. 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 Plan Normal Reinvestment of Income Dis cum Cptl Wdrl Opt has ₹4173 Cr worth of assets under management (AUM) as on May 2024 and is more than category average.
  2. The fund has an expense ratio 0.6.

Returns

HDFC Medium Term Debt Fund Direct Plan Normal Reinvestment of Income Dis cum Cptl Wdrl Opt has given a CAGR return of 6.64% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 0.57%, 2.04% and 4.96% respectively.

Holdings

HDFC Medium Term Debt Fund Direct Plan Normal Reinvestment of Income Dis cum Cptl Wdrl Opt has allocated its funds majorly in Financial Services, Corporate, Government, Cash Equivalent, Securitize. Its top holdings are 7.18% Govt Stock 2037, 7.26% Govt Stock 2032, Tata Steel Limited, 6.54% 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 Plan Normal Reinvestment of Income Dis cum Cptl Wdrl Opt

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 0.00. HDFC Medium Term Debt Fund Direct Plan Normal Reinvestment of Income Dis cum Cptl Wdrl Opt has no lock in period.

Fund Performance

Fund Overview

Expense ratio
Expense ratio
0.59%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹4173 Cr
Inception Date
Inception Date
22 October, 2014
Min Lumpsum/SIP
Min Lumpsum/SIP
--/--
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
43.54%

Fund Distribution
as on (31-May-24)

  • Equity 0.6%

  • Debt & Cash 99.1%

Sector Allocation

May'24

Apr'24

Mar'24

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

as on (31-May-24)

  • Equity

  • Debt & Cash

Holdings
Weight%
1M Change
Bharat Highways InvIT Unit
Bharat Highways InvIT Unit
0.61%
32.8%

Shobhit Mehrotra
Shobhit Mehrotra
Fund Manager of HDFC Medium Term Debt Fund Direct Plan Normal Reinvestment of Income Dis cum Cptl Wdrl Opt, since 1 September 2007

HDFC Medium Term Debt Fund Direct Plan Normal Reinvestment of Income Dis cum Cptl Wdrl Opt 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 6.64% since inception which is more than its category average return of 4.42%
Fund Allocations

Fund Allocations

This fund has an allocation of 0.61% in Equity, 94.43% in Debt and 4.71% in Cash related instruments
AUM size ₹4173 Cr

AUM size ₹4173 Cr

This fund has AUM of ₹4173 Cr which is more than its category average of ₹ 1526 Cr
Expense Ratio 0.59%

Expense Ratio 0.59%

This fund has an expense ratio of 0.59% which is less than its category average expense ratio of 0.97%

Frequently Asked Questions

The current NAV of HDFC Medium Term Debt Fund Direct Plan Normal Reinvestment of Income Dis cum Cptl Wdrl Opt is ₹18.6 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
HDFC Medium Term Debt Fund Direct Plan Normal Reinvestment of Income Dis cum Cptl Wdrl Opt
Absolute Returns
CAGR Returns
1 Month Returns
0.89%
0.89%
6 Month Returns
4.37%
4.37%
1 Year Returns
0.57%
0.57%
3 Years Returns
6.24%
2.04%
5 Years Returns
27.39%
4.96%
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 May 2024
₹4173 Cr as on May 2024
7.18% Govt Stock 2037(7.27%), 7.26% Govt Stock 2032(3.64%), Tata Steel Limited(3.5%), 6.54% Govt Stock 2032(3.48%), 7.26% Govt Stock 2033(3.4%) as on May 2024
Corporate(56.38%), Government(38.04%), Cash Equivalent(4.12%) as on May 2024
Yield to Maturity is 7.97 as on May 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 May 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
70.7
AA
29.3
Shobhit Mehrotra is the fund manager of HDFC Medium Term Debt Fund Direct Plan Normal Reinvestment of Income Dis cum Cptl Wdrl Opt
The Exit load of HDFC Medium Term Debt Fund Direct Plan Normal Reinvestment of Income Dis cum Cptl Wdrl Opt is 0%