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4 star

HDFC Short Term Debt Fund - Direct Plan


Debt: Short Duration

1 Lakh

Investment Grown to
₹ 1.08 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.24 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 1.99 0.02 0.22 0.71 2.40 2.37 8.38 9.33 8.47 8.69 --
CCIL T Bill Liquidity Weight 0.86 0.02 0.05 0.20 0.51 0.97 2.16 3.59 3.79 4.24 --
Debt: Short Duration 1.85 0.02 0.21 0.61 2.18 2.12 7.57 7.38 7.32 7.93 --
Rank within category 8 15 13 2 4 5 5 6 5 7 --
Number of funds in category 26 27 27 27 27 26 26 25 23 23 0

As on 14-Jun-2021

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 - Direct Plan  | Invest Online
4 star
Jan-13 8.38 9.33 8.47 0.24 18,117
ICICI Prudential Short Term Fund - Direct Plan  | Invest Now
5 star
Jan-13 8.43 9.64 8.98 0.39 20,015
Kotak Bond - Short Term Fund - Direct Plan  | Invest Online
4 star
Jan-13 7.22 9.33 8.55 0.34 17,363
IDFC Bond Fund Short Term Plan - Direct Plan
4 star
Jan-13 6.63 9.12 8.17 0.29 13,776
Axis Short Term Fund - Direct Plan
5 star
Jan-13 7.45 9.38 8.59 0.30 12,070

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.78 24-Mar-2020 - 31-Mar-2020 -1.93 12-Mar-2020 - 19-Mar-2020
Month 3.39 24-Mar-2020 - 23-Apr-2020 -2.29 25-Feb-2020 - 26-Mar-2020
Quarter 6.16 26-Mar-2020 - 25-Jun-2020 -1.65 20-May-2013 - 19-Aug-2013
Year 12.37 19-Aug-2013 - 19-Aug-2014 5.10 25-Sep-2017 - 25-Sep-2018

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 8.91 1.87 2.47 4.05 0.83 5.26
CCIL T Bill Liquidity Weight 3.52 0.39 -2.00 -4.76 -- --
Debt: Short Duration 7.15 3.40 1.61 2.65 0.75 3.43
Rank within category 5 12 6 8 9 12
Number of funds in category 25 25 25 25 25 25

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

As on 31-May-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 162 187 147 64
Modified Duration (yrs) 2.27 2.77 2.08 1.91
Average Maturity (yrs) 3.15 3.75 2.80 2.43
Yield to Maturity (%) 5.25 6.71 5.25 5.03
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 5.77% GOI 2030 GOI Securities SOV 0.00 - 4.39 2.06
equal HDFC 19/05/2022 Non Convertible Debenture AAA 1.96 - 2.74 1.98
equal IndInfravit Trust 2038 Non Convertible Debenture AAA 0.28 - 2.65 1.92
equal 6.97% GOI 2026 GOI Securities SOV 1.01 - 1.86 1.80
equal 6.79% GOI 15/05/2027 GOI Securities SOV 1.39 - 1.92 1.75
equal 7.87% HDFC 18/07/2022 Non Convertible Debenture AAA 1.70 - 2.82 1.71
equal 7.99% State Bank of India Additional Tier 2 Bond AAA 1.61 - 2.65 1.61
equal 6.92% REC 22/04/2023 Non Convertible Debenture AAA 1.41 - 2.30 1.43
equal 8.50% State Bank of India Additional Tier 1 Bond AA+ 1.43 - 2.31 1.43
equal 6.65% Motherson Sumi Systems 14/09/2023 Non Convertible Debenture AAA 0.00 - 1.84 1.40
equal Reserve Bank of India 182-D 19/08/2021 Treasury Bills SOV 0.00 - 1.47 1.37
new 5.63% GOI 2026 GOI Securities SOV 0.00 - 1.24 1.24
equal 7.28% Power Finance Corporation 2022 Bonds AAA 1.13 - 1.86 1.14
equal 5.79% GOI 2030 GOI Securities SOV 0.45 - 2.74 1.10
equal 5.78% HDFC-Warrant 11/2025 Debenture AAA 0.00 - 1.17 1.10
equal First Business Receivable Trust Securitised Debt AAA 0.06 - 0.16 1.07
equal 8.29% MTNL 25/11/2024 Bonds AAA 1.04 - 1.68 1.05
equal 8.02% Larsen & Toubro 22/05/2022 Non Convertible Debenture AAA 0.99 - 1.65 1.00
equal 8.41% Housing & Urban Development Corporation 15/03/2029 Debenture AAA 0.97 - 1.61 0.97
equal 6.24% State Bank of India Additional Tier 2 Bond AAA 0.00 - 1.84 0.90
equal 8.75% State Bank of India Additional Tier 1 Bond AA+ 0.55 - 1.69 0.89
up 8.24% MTNL 19/11/2024 Bonds AAA 0.59 - 0.96 0.89
equal 8.10% REC 25/06/2024 Non Convertible Debenture AAA 0.88 - 1.44 0.89
equal 8.50% L&T Infrastructre Finance 17/03/2023 Non Convertible Debenture AAA 0.85 - 1.37 0.87
equal 8.24% Fullerton India Credit 14/02/2023 Non Convertible Debenture AAA 0.84 - 1.38 0.86

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-May-2021

Fund Manager

— Anil Bamboli since 01-Jan-2013

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:


0.02%

Change from previous, NAV as on 14-Jun-2021

Growth: ₹ 25.3867

IDCW Fortnightly: ₹ 10.3122

IDCW: ₹ 16.9706


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
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: HDFC Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 8.79%
Benchmark: CRISIL Short-Term Bond TRI
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 18,117 Cr (As on 31-May-2021)
Expense: 0.24% (As on 30-Apr-2021)
Risk Grade: Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Fortnightly10-Jun-20210.0280

 25-May-20210.0383
 10-May-20210.0366
 26-Apr-20210.0248
 12-Apr-20210.0580
 25-Mar-20210.0444
 10-Mar-20210.0082
 25-Feb-20210.0029
 10-Feb-20210.0319
 11-Jan-20210.0302
 28-Dec-20200.0243
 10-Dec-20200.0255
 25-Nov-20200.0542
 10-Nov-20200.0216
 26-Oct-20200.0560
 12-Oct-20200.0435
 25-Sep-20200.0215
 10-Sep-20200.0519
 25-Aug-20200.1024
 10-Aug-20200.0193
 27-Jul-20200.0135
 10-Jul-20200.0533
 25-Jun-20200.1185
 10-Jun-20200.1629
 11-May-20200.0681

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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DateFriday, 18-Jun-2021
Time12:30 PM - 01:00 PM