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HDFC Short Term Debt Fund - Direct Plan


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 0.68 0.06 0.32 0.79 2.24 4.79 10.08 7.89 8.37 8.72 --
CCIL T Bill Liquidity Weight 0.24 0.00 0.07 0.28 0.84 1.91 4.21 4.15 4.45 4.78 --
Debt: Short Duration 0.50 0.06 0.28 0.60 1.47 3.34 5.41 6.07 7.24 7.92 --
Rank within category 17 13 8 10 5 9 12 5 7 9 --
Number of funds in category 29 29 29 29 29 29 28 26 26 24 0

As on 24-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 2.43 (20-Aug-2013 - 19-Sep-2013) -1.42 (02-Jul-2013 - 01-Aug-2013)
Quarter 4.27 (28-Aug-2013 - 27-Nov-2013) -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 7.64 1.21 1.59 3.06 2.91 6.70
CCIL T Bill Liquidity Weight 4.08 0.26 -6.21 -10.52 -- --
Debt: Short Duration 6.13 3.00 0.63 1.30 3.48 6.13
Rank within category 8 2 2 2 7 17
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 8.06% Nabha Power 15/04/2021 Non Convertible Debenture AAA 0.00 - 1.84 1.44
equal 8.65% Tata Capital Financial Services 26/03/2021 Bonds/NCDs AAA 0.00 - 1.88 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 8.35% IRFC 13/03/2029 Debenture AAA 0.00 - 1.30 1.00
equal 9.19% LIC Housing Fin. 2023 Non Convertible Debenture AAA 1.00 - 1.39 1.00
equal 8.24% National Bank Agr. Rur. Devp 22/03/2029 Debenture AAA 0.00 - 1.09 1.00
new 8.24% MTNL 19/11/2024 Bonds AAA 0.00 - 0.99 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 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:


0.06%

Change from previous, NAV as on 24-Jan-2020

Growth: ₹ 22.5031

Dividend Fortnightly: ₹ 10.3622

Dividend: ₹ 15.0423


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: 01-Jan-2013
Return Since Launch: 8.74%
Benchmark: CRISIL Short-Term Bond
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 10,519 Cr (As on 31-Dec-2019)
Expense: 0.19% (As on 31-Dec-2019)
Risk Grade: Low
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Fortnightly10-Jan-20200.0276

 26-Dec-20190.0300
 25-Nov-20190.0449
 25-Oct-20190.0432
 10-Oct-20190.0329
 11-Sep-20190.0251
 26-Aug-20190.0344
 13-Aug-20190.0590
 25-Jul-20190.0202
 10-Jul-20190.0539
 25-Jun-20190.0264
 10-Jun-20190.0222
 27-May-20190.0645
 10-Apr-20190.0362
 25-Mar-20190.0377
 11-Mar-20190.0338
 25-Feb-20190.0192
 11-Feb-20190.0278
 25-Jan-20190.0160
 10-Jan-20190.0306
 26-Dec-20180.0424
 10-Dec-20180.0310
 26-Nov-20180.0362
 12-Nov-20180.0321
 25-Oct-20180.0299

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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