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4 star

HDFC Medium Term Debt Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.06 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.24 Lakh

Suitability:

"Medium Duration debt funds invest mainly in bonds maturing in about three to four years. They aim to earn better returns than bank fixed deposits of a similar duration. 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.

Retail investors can avoid these funds altogether. We believe that Short Duration funds are a better alternative for the fixed-income allocation in an investor’s portfolio.

We also believe that investors with an investment horizon of more than three years may consider investing some portion of their money in equity funds to earn higher returns. They witness more severe ups and downs than debt funds but the possibility of incurring a loss reduces with an increase in one’s investment horizon."

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 5.58 0.08 0.18 0.50 1.44 3.13 6.19 9.22 7.66 8.59 --
VR Bond 2.70 0.08 0.12 0.88 1.78 2.08 3.24 6.55 5.53 6.78 --
Debt: Medium Duration 5.48 0.07 0.14 0.47 1.42 3.59 5.97 6.23 6.38 7.62 --
Rank within category 7 7 5 10 8 7 7 3 4 4 --
Number of funds in category 18 19 19 19 19 18 18 14 13 10 0

As on 26-Nov-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
HDFC Medium Term Debt Fund - Direct Plan  | Invest Online
4 star
Jan-13 6.19 9.22 7.66 0.59% 4,193
SBI Magnum Medium Duration Fund - Direct Plan  | Invest Online
5 star
Jan-13 4.71 9.90 8.79 0.68% 10,740
ICICI Prudential Medium Term Bond Fund - Direct Plan  | Invest Now
4 star
Jan-13 6.42 9.33 7.96 0.68% 7,214
IDFC Bond Fund Medium Term Plan - Direct Plan
4 star
Jan-13 3.54 8.58 7.32 0.76% 3,980
Axis Strategic Bond Fund - Direct Plan
4 star
Jan-13 6.33 8.67 7.74 0.39% 1,770

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.43 24-Mar-2020 - 31-Mar-2020 -2.02 12-Mar-2020 - 19-Mar-2020
Month 3.16 10-Jun-2020 - 10-Jul-2020 -2.25 25-Feb-2020 - 26-Mar-2020
Quarter 4.67 25-Aug-2016 - 24-Nov-2016 -3.29 20-May-2013 - 19-Aug-2013
Year 13.27 24-Nov-2015 - 24-Nov-2016 4.40 31-Oct-2017 - 31-Oct-2018

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 9.01 2.33 2.21 2.96 0.64 3.48
VR Bond 6.46 2.13 1.22 1.72 -- --
Debt: Medium Duration 6.32 4.86 1.05 1.42 0.46 1.26
Rank within category 3 2 3 2 11 3
Number of funds in category 14 14 14 14 14 14

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

As on 31-Oct-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 100 102 73 38
Modified Duration (yrs) 2.90 3.16 2.87 --
Average Maturity (yrs) 3.82 4.12 3.82 --
Yield to Maturity (%) 6.32 6.95 6.13 --
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
equal 6.97% GOI 2026 GOI Securities SOV 1.42 - 5.83 5.61
equal 7.59% GOI 2026 GOI Securities SOV 1.28 - 4.74 3.95
equal 7.27% GOI 2026 GOI Securities SOV 2.57 - 3.81 3.41
equal 9.65% Green Infra Wind Energy 2023 Debenture AA 2.40 - 3.91 2.81
new 6.40% Jamnagar Utilities and Power 29/09/2026 Non Convertible Debenture AAA 0.00 - 2.37 2.37
equal 6.75% Sikka Ports and Terminals 22/04/2026 Debenture AAA 0.00 - 2.74 2.29
equal 5.69% Bajaj Housing Finance 2024 Non Convertible Debenture AAA 0.00 - 2.21 2.13
equal 7.75% TMF Holdings Non Convertible Debenture AA- 0.00 - 2.49 2.02
equal 7.26% GOI 14/01/2029 GOI Securities SOV 1.51 - 2.78 2.01
equal 6.50% Power Finance Corporation 17/09/2025 Non Convertible Debenture AAA 1.20 - 2.95 1.83
equal 5.27% National Bank Agr. Rur. Devp 23/07/2024 Non Convertible Debenture AAA 0.00 - 2.04 1.79
equal 9.70% Shriram City Union Finance 2022 Non Convertible Debenture AA 1.68 - 3.21 1.68
equal Inox Wind Non Convertible Debenture AA 1.53 - 2.34 1.53
equal 7.50% Muthoot Finance 16/10/2023 Non Convertible Debenture AA+ 0.00 - 2.02 1.46
equal 8.10% Tata Projects 30/08/2022 Floating Rate Debenture AA 0.00 - 1.90 1.34
equal 7.25% Embassy Office Parks REIT 2023 Non Convertible Debenture AAA 1.22 - 2.39 1.22
equal 6.70% Embassy Office Parks REIT 2023 Non Convertible Debenture AAA 1.21 - 2.37 1.21
equal 7.99% TAS Trust Series III - TML Financial Services A1 Perpetual Bond AA- 0.00 - 1.55 1.20
equal 5.40% HDFC 2023 Bonds/NCDs AAA 1.20 - 2.36 1.20
equal 9.10% Power Finance Corporation 23/03/2029 Non Convertible Debenture AAA 1.20 - 2.47 1.20
equal 6.40% Embassy Office Parks REIT 15/02/2024 Debenture AAA 0.00 - 1.72 1.20
equal 8.64% Union Bank of India Additional Tier 1 Bond AA 0.00 - 1.72 1.20
equal 5.14% National Bank Agr. Rur. Devp 21-D 31/01/2024 Debenture AAA 0.00 - 1.64 1.19
equal 6.95% Gujarat State 14/07/2031 State Development Loan SOV 0.00 - 1.36 1.19
equal Bharti Hexacom 19/01/2024 Non Convertible Debenture AA+ 0.00 - 1.24 1.19

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-Oct-2021

Fund Manager

— Shobhit Mehrotra since 01-Jan-2013

Education: He is an MBA from Clemson University, USA.

Experience: Prior to joining HDFC AMC he has worked with Franklin Templeton AMC, and ICRA.

Funds Managed:


0.02%

Change from previous, NAV as on 29-Nov-2021

Growth: ₹ 47.9694

IDCW Fortnightly: ₹ 10.1102

IDCW: ₹ 17.9566


Investment Strategy

The scheme seeks to generate income / capital appreciation through investments in Debt 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
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: HDFC Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 8.77%
Benchmark: NIFTY Medium Duration
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 4,193 Cr (As on 31-Oct-2021)
Expense: 0.59% (As on 31-Oct-2021)
Risk Grade: Below Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Fortnightly25-Nov-20210.0209

 10-Nov-20210.0193
 25-Oct-20210.0170
 11-Oct-20210.0010
 27-Sep-20210.0167
 13-Sep-20210.0613
 25-Aug-20210.0551
 10-Aug-20210.0240
 26-Jul-20210.0410
 10-Jun-20210.0480
 25-May-20210.0559
 10-May-20210.0511
 26-Apr-20210.0266
 12-Apr-20210.0717
 25-Mar-20210.0591
 10-Mar-20210.0051
 25-Feb-20210.0049
 10-Feb-20210.0433
 11-Jan-20210.0249
 28-Dec-20200.0270
 10-Dec-20200.0359
 25-Nov-20200.0672
 10-Nov-20200.0391
 26-Oct-20200.0751
 12-Oct-20200.1064

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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