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5 star

HDFC Short Term Debt Fund


Debt: Short Duration

1 Lakh

Investment Grown to
₹ 1.11 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.27 Lakh

Suitability:

Short Duration debt funds invest mainly in bonds maturing in a period of one to three years. They are suitable for investment horizons of one to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.

The risk of incurring a loss in these funds 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, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable 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 are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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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 9.37 0.05 0.22 1.26 1.62 6.68 11.19 8.88 8.62 8.98 9.01
CCIL T Bill Liquidity Weight 2.68 0.01 0.05 0.22 0.58 1.34 3.27 3.94 4.14 4.58 4.76
Debt: Short Duration 7.75 0.07 0.21 1.13 1.32 5.04 8.96 6.32 7.01 7.69 8.03
Rank within category 3 23 12 7 4 3 1 1 1 2 2
Number of funds in category 26 26 26 26 26 26 26 23 23 23 20

As on 20-Oct-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
HDFC Short Term Debt Fund  | Invest Online
5 star
Jun-10 11.19 8.88 8.62 0.76 13,569
ICICI Prudential Short Term Fund  | Invest Now
4 star
Oct-01 10.84 8.19 8.45 1.16 18,946
SBI Short Term Debt Fund
4 star
Jul-07 9.87 8.02 8.11 0.84 16,743
Kotak Bond - Short Term Regular Fund  | Invest Online
4 star
May-02 10.13 8.22 8.09 1.14 14,379
IDFC Bond Fund Short Term Plan - Regular Plan
4 star
Dec-00 10.08 8.35 8.12 0.80 13,334

Best & Worst Performance

Best (Period) Worst (Period)
Week 2.78 (24-Mar-2020 - 31-Mar-2020) -1.93 (12-Mar-2020 - 19-Mar-2020)
Month 3.37 (24-Mar-2020 - 23-Apr-2020) -2.31 (25-Feb-2020 - 26-Mar-2020)
Quarter 6.10 (26-Mar-2020 - 25-Jun-2020) -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 8.33 1.78 1.84 4.19 0.60 3.97
CCIL T Bill Liquidity Weight 3.90 0.32 -3.63 -6.95 -- --
Debt: Short Duration 6.06 3.47 0.79 1.62 0.77 1.88
Rank within category 1 7 1 1 8 10
Number of funds in category 24 24 24 24 24 24

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

As on 30-Sep-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 147 162 123 60
Modified Duration (yrs) 2.77 2.77 2.08 2.19
Average Maturity (yrs) 3.73 3.75 2.72 2.72
Yield to Maturity (%) 6.22 7.81 6.17 5.54
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up 5.77% GOI 2030 GOI Securities SOV 0.00 - 2.93 2.93
equal HDFC 19/05/2022 Non Convertible Debenture AAA 0.00 - 2.74 2.66
equal 7.32% GOI 28/01/2024 GOI Securities SOV 0.00 - 2.69 2.61
equal 5.79% GOI 2030 GOI Securities SOV 0.00 - 2.74 2.54
equal IndInfravit Trust 2038 Non Convertible Debenture AAA 0.37 - 2.83 2.53
equal 7.87% HDFC 18/07/2022 Non Convertible Debenture AAA 2.09 - 2.98 2.32
equal 7.99% State Bank of India 28/06/2029 Non Convertible Debenture AAA 2.18 - 3.17 2.18
equal 8.50% State Bank of India 22/11/2020 Non Convertible Debenture AA+ 0.00 - 2.60 1.91
equal 6.92% REC 22/04/2023 Non Convertible Debenture AAA 0.00 - 2.43 1.90
new 6.24% State Bank of India 21/09/2030 Non Convertible Debenture AAA 0.00 - 1.84 1.84
new 6.65% Motherson Sumi Systems 14/09/2023 Non Convertible Debenture AAA 0.00 - 1.84 1.84
equal 8.75% State Bank of India Bonds AA+ 0.00 - 1.69 1.58
equal 7.28% Power Finance Corp. 2022 Bonds AAA 0.00 - 1.97 1.53
equal 7.59% GOI 2026 GOI Securities SOV 0.00 - 1.95 1.48
equal 8.29% MTNL 25/11/2024 Bonds AAA 1.41 - 2.05 1.41
equal 6.79% GOI 15/05/2027 GOI Securities SOV 0.00 - 1.50 1.39
equal Shriram City Union Finance 2020 Securitised Debt AAA 0.00 - 2.33 1.36
equal 8.02% Larsen & Toubro 22/05/2022 Non Convertible Debenture AAA 1.36 - 2.00 1.36
equal First Business Receivable Trust Securitised Debt AAA 0.08 - 0.17 1.34
equal 8.41% HUDCO 15/03/2029 Debenture AAA 1.30 - 1.89 1.30
equal 8.10% REC 25/06/2024 Non Convertible Debenture AAA 1.17 - 1.70 1.17
equal 8.24% Fullerton India Credit 14/02/2023 Non Convertible Debenture AAA 0.00 - 1.77 1.14
equal 8.50% L&T Infrastructre Finance 17/03/2023 Non Convertible Debenture AAA 0.00 - 1.47 1.14
equal 6.45% GOI 2029 GOI Securities SOV 0.00 - 1.22 1.13
equal 8.06% Nabha Power 15/04/2021 Non Convertible Debenture AAA 1.13 - 1.69 1.13

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 30-Sep-2020

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:


0.05%

Change from previous, NAV as on 20-Oct-2020

Growth: ₹ 24.1928

Dividend Fortnightly: ₹ 10.3319

Dividend: ₹ 16.2664


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: 8.93%
Benchmark: CRISIL Short-Term Bond
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 13,569 Cr (As on 30-Sep-2020)
Expense: 0.76% (As on 30-Sep-2020)
Risk Grade: Below Average
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Fortnightly12-Oct-20200.0905

 25-Sep-20200.0192
 10-Sep-20200.0493
 25-Aug-20200.1203
 10-Aug-20200.0171
 27-Jul-20200.0110
 10-Jul-20200.1281
 10-Jun-20200.0118
 26-May-20200.1485
 11-May-20200.0668
 27-Apr-20200.0183
 11-Mar-20200.0071
 25-Feb-20200.0220
 10-Feb-20200.0271
 27-Jan-20200.0360
 10-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

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: http://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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