HDFC Medium Term Debt Fund Direct Growth
Debt
Direct
Medium Duration
NAV as on 22-11-2024
₹ 57.79
Inception Returns
8.2%
/yr
About HDFC Medium Term Debt Fund Direct Growth
HDFC Medium Term Debt Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Shobhit Mehrotra. This fund is suitable to keep your money safe.
Key Parameters
- HDFC Medium Term Debt Fund Direct Growth has ₹3985 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
- The fund has an expense ratio 0.7.
Returns
HDFC Medium Term Debt Fund Direct Growth has given a CAGR return of 8.19% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.92%, 6.48% and 7.30% respectively.
Holdings
HDFC Medium Term Debt Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Government, Cash Equivalent, Securitize. Its top holdings are 7.18% Govt Stock 2037, 7.23% Govt Stock 2039, 6.54% Govt Stock 2032, Tata Steel Limited, 7.26% Govt Stock 2033
Taxation
As it is a medium duration mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:For short term (less than 3 years) capital gains will be taxed at your income slab rate.For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.Dividends will always be taxed at slab rate.
Investment objective of HDFC Medium Term Debt Fund Direct Growth
To generate income / capital appreciation through investments in Debt and Money Market Instruments.There is no assurance that the investment objective of the Scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. HDFC Medium Term Debt Fund Direct Growth has no lock in period.
Historical NAV & Returns
HDFC Medium Term Debt Fund Direct Growth Overview
| Expense ratio | 0.65% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
| AUM | ₹3985 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 25.16% |
| STCG | Selling within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Moderately High risk |
Trailing Returns
as on (22-Nov-24)
Fund Distribution
as on (31-Oct-24)
- AUM of the fund stands at 4K Cr as of Oct'24
- AUM decreased by 45.6 Cr between Oct'24 and Sep'24
Top 3 Sectors in October were Financial Services, Corporate & Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Bharat Highways InvIT Unit | 0.67% | 0% |
Mutual Fund Insights
HDFC Medium Term Debt Fund Direct Growth Highlights
Moderately High risk
About the fund
Fund Allocations
AUM size ₹3985 Cr
Expense Ratio 0.65%
Frequently Asked Questions for HDFC Medium Term Debt Fund Direct Growth
HDFC Medium Term Debt Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.41% | 0.41% |
6 Month Returns | 4.52% | 4.52% |
1 Year Returns | 8.92% | 8.92% |
3 Years Returns | 20.73% | 6.48% |
5 Years Returns | 42.25% | 7.3% |
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- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 59.91 |
AA | 40.09 |