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HDFC Short Term Debt Fund


1 Lakh

Investment Grown to
₹ 1.10 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.26 Lakh

Analyst's Choice?

Suitability:

Short Duration debt funds are suitable to invest your money for a duration of 1 year to 3 years. You can expect to earn higher returns than what a bank fixed deposit of a similar duration can fetch.

The risk of incurring a loss in these funds over the said time frame is low, but they do not guarantee returns or safety of capital like a bank deposit. There have been instances when short duration funds have incurred losses.

Remember, these are suitable only to invest for a short time frame of up to 3 years. Do not invest in this, or any other Short Duration fund, if your aim is to build wealth in the long run.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 0.75 0.09 0.35 0.80 2.24 4.90 9.92 7.74 8.19 8.56 --
CCIL T Bill Liquidity Weight 0.25 0.01 0.06 0.25 0.81 1.86 4.14 4.14 4.47 4.78 --
Debt: Short Duration 0.52 0.07 0.28 0.56 1.46 3.16 4.75 5.36 6.52 7.27 --
Rank within category 11 4 4 5 3 4 2 2 2 2 --
Number of funds in category 29 29 29 29 29 29 28 26 26 25 20

As on 27-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 1.17 (29-Aug-2013 - 05-Sep-2013) -1.30 (09-Jul-2013 - 16-Jul-2013)
Month 2.42 (20-Aug-2013 - 19-Sep-2013) -1.42 (02-Jul-2013 - 01-Aug-2013)
Quarter 4.25 (28-Aug-2013 - 27-Nov-2013) -1.67 (20-May-2013 - 19-Aug-2013)
Year 12.24 (19-Aug-2013 - 19-Aug-2014) 4.95 (25-Sep-2017 - 25-Sep-2018)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.49 1.21 1.46 2.82 2.92 6.56
CCIL T Bill Liquidity Weight 4.08 0.26 -6.21 -10.52 -- --
Debt: Short Duration 5.45 2.99 0.30 0.77 3.48 5.45
Rank within category 2 2 2 2 7 15
Number of funds in category 27 27 27 27 27 27

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Dec-2019

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 142 156 110 57
Modified Duration (yrs) 2.34 2.34 1.15 2.04
Average Maturity (yrs) 3.05 3.05 1.38 2.49
Yield to Maturity (%) 7.17 9.37 6.99 7.45

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 7.99% State Bank of India 28/06/2029 Non Convertible Debenture AAA 0.00 - 3.43 2.70
equal Tata Sons Debenture AAA 2.52 - 3.54 2.52
equal 7.87% HDFC 18/07/2022 Non Convertible Debenture AAA 0.00 - 3.07 2.41
equal 8.50% State Bank of India 22/11/2020 Non Convertible Debenture AA+ 0.00 - 2.60 2.39
equal 7.30% Power Finance Corp. 30/06/2020 Debenture AAA 2.34 - 3.30 2.34
up 8.50% National Bank Agr. Rur. Devp Debenture AAA 0.62 - 1.99 1.99
equal 7.87% Tata Capital Financial Services 2020 Debenture AAA 1.91 - 2.70 1.91
equal 8.29% MTNL 25/11/2024 Bonds AAA 0.00 - 2.21 1.74
equal 8.02% Larsen & Toubro 22/05/2022 Non Convertible Debenture AAA 0.00 - 2.23 1.71
equal 8.41% HUDCO 15/03/2029 Debenture AAA 0.00 - 1.89 1.62
new First Business Receivable Trust Securitised Debt AAA 0.10 - 0.16 1.57
equal 7.85% National Bank Agr. Rur. Devp 23/05/2022 Non Convertible Debenture AAA 0.00 - 1.90 1.46
equal 8.10% REC 25/06/2024 Non Convertible Debenture AAA 0.00 - 1.83 1.45
equal 8.65% Tata Capital Financial Services 26/03/2021 Bonds/NCDs AAA 0.00 - 1.88 1.44
equal 8.06% Nabha Power 15/04/2021 Non Convertible Debenture AAA 0.00 - 1.84 1.44
equal 7.42% Power Finance Corp. 26/06/2020 Debenture AAA 1.43 - 2.36 1.43
up 7.17% Reliance Industries 2022 Non Convertible Debenture AAA 0.00 - 1.43 1.43
equal 7.46% Power Finance Corp. 2020 Bonds AAA 1.24 - 1.75 1.24
equal 9.70% Coastal Gujarat Power 27/08/2023 Non Convertible Debenture AA 0.00 - 1.54 1.22
equal 8.32% Reliance Jio Infocomm 2021 Debenture AAA 0.24 - 1.37 1.16
equal 8.24% Power Grid Corporation 14/02/2029 Debenture AAA 0.00 - 1.31 1.12
equal 9.19% LIC Housing Fin. 2023 Non Convertible Debenture AAA 1.00 - 1.39 1.00
equal 8.35% IRFC 13/03/2029 Debenture AAA 0.00 - 1.30 1.00
equal 8.24% National Bank Agr. Rur. Devp 22/03/2029 Debenture AAA 0.00 - 1.09 1.00
equal 8.27% Nat. Highways Authority 28/03/2029 Debenture AAA 0.00 - 1.33 0.99

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Dec-2019

Fund Manager

— Anil Bamboli since 21-Jun-2010

Education: Mr. Bamboli is a CFA from Association for Investment Management and Research, U.S.A, Masters in Management Studies (Finance) and a Graduate in Cost and Works Accountant from ICWAI.

Experience: Prior to joining HDFC AMC he has worked with SBI Fund Management for 11 years.

Funds Managed:


0.09%

Change from previous, NAV as on 27-Jan-2020

Growth: ₹ 22.2862

Dividend Fortnightly: ₹ 10.2900

Dividend: ₹ 14.9845


Investment Strategy

The scheme seeks to generate regular income through investment in debt securities and money market instruments.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 1
Exit Load 0

Basic Details

Fund House: HDFC Mutual Fund
Launch Date: 25-Jun-2010
Return Since Launch: 8.71%
Benchmark: CRISIL Short-Term Bond
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 10,519 Cr (As on 31-Dec-2019)
Expense: 0.39% (As on 31-Dec-2019)
Risk Grade: Low
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Fortnightly10-Jan-20200.0267

 26-Dec-20190.0286
 25-Nov-20190.0282
 11-Nov-20190.0295
 25-Oct-20190.0425
 10-Oct-20190.0319
 11-Sep-20190.0245
 26-Aug-20190.0338
 13-Aug-20190.0580
 25-Jul-20190.0196
 10-Jul-20190.0532
 25-Jun-20190.0258
 10-Jun-20190.0216
 27-May-20190.0635
 10-Apr-20190.0356
 25-Mar-20190.0371
 11-Mar-20190.0331
 25-Feb-20190.0187
 11-Feb-20190.0272
 25-Jan-20190.0154
 10-Jan-20190.0300
 26-Dec-20180.0417
 10-Dec-20180.0303
 26-Nov-20180.0356
 12-Nov-20180.0314

Contact Information

AMC: HDFC Asset Management Company Ltd

Address: "HDFC House"-2nd Floor, H.T. Parekh Marg - 165-166, Backbay Reclamation, Churchgate Mumbai - 400020

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 022-22821144

Website: www.hdfcfund.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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