HDFC Short Term Debt Fund Direct Growth

HDFC Short Term Debt Fund Direct Growth

Debt

Direct

Short Duration

NAV as on 06-12-2024

₹ 31.44

Inception Returns

8.1%

/yr

About HDFC Short Term Debt Fund Direct Growth

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

Key Parameters

  1. HDFC Short Term Debt Fund Direct Growth has ₹14972 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

HDFC Short Term Debt Fund Direct Growth has given a CAGR return of 8.08% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.94%, 6.63% and 7.17% respectively.

Holdings

HDFC Short Term Debt Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 7.18% Govt Stock 2033, 7.3% Govt Stock 2028, Aditya Birla Renewables Limited, 7.26% Govt Stock 2032, 7.1% Govt Stock 2034

Taxation

As it is a short 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 Short 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 Short Term Debt Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
2108 people have invested ₹ 4.9Cr in HDFC Short Term Debt Fund Direct Growth in the last three months

HDFC Short Term Debt Fund Direct Growth Overview

Expense ratio0.4%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹14972 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
37.3%
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
Moderate Risk

Trailing Returns

as on (06-Dec-24)

Period
HDFC Short Term Debt Fund Direct Growth
Short Duration Index
1M
0.8%
0.7%
3M
2.2%
2%
6M
4.6%
4.2%
1Y
8.9%
8.1%
3Y
6.6%
6.1%
5Y
7.2%
6.3%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
83.7%

AA
16.3%

Sector Allocation

Oct'24

Sep'24

Aug'24

Corporate
53.3%
Government
36.4%
Cash Equivalent
10.4%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 14.6K Cr
₹ 14.6K Cr
₹ 14.1K Cr
  • AUM of the fund stands at 14.6K Cr as of Oct'24
  • AUM has remained same between Oct'24 and Sep'24
Cash allocation has gone up from 9.3% to 10.8%
Cash allocation has gone up from 9.3% to 10.8%
Debt allocation has gone down from 90.4% to 88.9%
Debt allocation has gone down from 90.4% to 88.9%

Top 2 Sectors in October were Corporate, Government

Oct'24
Corporate
53%
Government
36%
Sep'24
Corporate
54%
Government
37%
  • Debt & Cash

Holdings
Weight%
1M Change
7.18% Govt Stock 2033
7.18% Govt Stock 2033
7.3%
0%
7.3% Govt Stock 2028
7.3% Govt Stock 2028
3.46%
0%
Aditya Birla Renewables Limited
Aditya Birla Renewables Limited
2.51%
0%
7.26% Govt Stock 2032
7.26% Govt Stock 2032
2.35%
0%
7.1% Govt Stock 2034
7.1% Govt Stock 2034
1.86%
-26.7%
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Anil Bamboli
Anil Bamboli
Fund Manager of HDFC Short Term Debt Fund Direct Growth, since 25 June 2010
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

Insights icon
In the last 1 year, Aditya Birla Sun Life Short Term Fund Direct Plan Growth has given 9.08% return, outperforming this fund by 0.15%.
Insights icon
In the last 5 years, UTI - Short Duration Fund - Direct Plan - Growth Option has given 8.06% return, outperforming this fund by 0.89% per annum.
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Over the last 6 months, this fund has experienced a 15.6% growth in AUM moving from 12.94K Cr to 14.97K Cr.
Insights icon
Over the last 1 year, this fund has increased expense ratio by 17.6% moving from 0.34 to 0.40.
Insights icon
This fund has one of the lowest expense ratio in the category (short duration). Its expense ratio is 0.4% which is lower than the category average expense ratio of 0.7%.
Insights icon
In the last 3 years, ICICI Prudential Short Term Fund Direct Plan Growth Option has given 7.24% return, outperforming this fund by 0.62% per annum.

HDFC Short Term Debt Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 8.08% since inception which is more than its category average return of 5.83%
AUM size ₹14972 Cr

AUM size ₹14972 Cr

This fund has AUM of ₹14972 Cr which is more than its category average of ₹ 3932 Cr
Expense Ratio 0.4%

Expense Ratio 0.4%

This fund has an expense ratio of 0.4% which is less than its category average expense ratio of 0.67%

Frequently Asked Questions for HDFC Short Term Debt Fund Direct Growth

The current NAV of HDFC Short Term Debt Fund Direct Growth is ₹31.44 as on 06-Dec-2024.
Existing (Absolute + CAGR) as on 06-Dec-2024.
HDFC Short Term Debt Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.76%
0.76%
6 Month Returns
4.63%
4.63%
1 Year Returns
8.94%
8.94%
3 Years Returns
21.22%
6.63%
5 Years Returns
41.38%
7.17%
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.
0.4% as on November 2024
₹14972 Cr as on November 2024
7.18% Govt Stock 2033(7.3%), 7.3% Govt Stock 2028(3.46%), Aditya Birla Renewables Limited(2.51%), 7.26% Govt Stock 2032(2.35%), 7.1% Govt Stock 2034(1.86%) as on November 2024
Corporate(54.99%), Government(36.22%), Cash Equivalent(8.79%) as on November 2024
Yield to Maturity is 7.57 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 2.95 as on November 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
83.68
AA
16.32
Anil Bamboli is the fund manager of HDFC Short Term Debt Fund Direct Growth
The Exit load of HDFC Short Term Debt Fund Direct Growth is 0%