HDFC Short Term Debt Fund Guidance
NAV Growth : Rs 26.1675
NAV IDCW Fortnightly : Rs 10.2981
NAV IDCW : Rs 17.5002
Suitable For Which Investors ?
“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.”
Fund’s Investment Strategy :
The scheme seeks to generate regular income through investment in debt securities and money market instruments.
Fund Manager :
— Anil Bamboli
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.
Investment Details
Min. Investment (Rs) | 5,000 |
Min. Addl Investment (Rs) | 1,000 |
Min. SIP Investment (Rs) | 500 |
Min. No of Cheques | 12 |
Min. Withdrawal (Rs) | 500 |
Min. Balance (Rs) | 1 |
Lock-in Period | Not Applicable |
Exit Load | 0 |
Basic Details
Fund House: | HDFC Mutual Fund |
Launch Date: | 01-Jan-13 |
Return Since Launch: | 8.13% |
Benchmark: | CRISIL Short Duration Fund BII Index |
Riskometer: | Moderate |
Type: | Open-ended |
Assets: | Rs 14,204 Cr |
(As on 31-May-2022) | |
Expense: | 0.29% |
(As on 31-May-2022) | |
Risk Grade: | Average |
Return Grade: | Above Average |
HDFC Short Term Debt Fund Guidance Trailing Returns (%)
YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
HDFC Short Term Debt Direct-G | 0.7 | 0.06 | 0.19 | 0.33 | -0.2 | 0.7 | 3.18 | 7.19 | 7.23 | 7.67 | — |
CCIL T Bill Liquidity Weight | 0.91 | 0.05 | 0.07 | 0.27 | 0.34 | 0.91 | 1.99 | 2.7 | 3.31 | 3.68 | — |
Debt: Short Duration | 1.31 | 0.06 | 0.18 | 0.36 | -0.35 | 1.31 | 4.4 | 6.68 | 6.25 | 7.14 | — |
Rank within category | 15 | 15 | 12 | 24 | 13 | 15 | 10 | 9 | 4 | 6 | — |
Number of funds in category | 26 | 29 | 29 | 29 | 29 | 26 | 25 | 24 | 21 | 21 | 0 |
HDFC Short Term Debt Fund Guidance 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 | 4 star | Jan-13 | 3.18 | 7.19 | 7.23 | 0.29% | 14,204 |
ICICI Prudential Short Term Fund | 4 star | Jan-13 | 3.72 | 7.53 | 7.38 | 0.37% | 16,315 |
Kotak Bond – Short Term Fund | 4 star | Jan-13 | 3.03 | 6.85 | 7.09 | 0.34% | 13,339 |
Nippon India Short Term Fund | 5 star | Jan-13 | 3.5 | 7.22 | 7.01 | 0.35% | 7,861 |
Axis Short Term Fund | 4 star | Jan-13 | 3.54 | 7.21 | 7.27 | 0.28% | 7,780 |
Portfolio Breakup
Fund | 1Y High | 1Y Low | Category | |
Number of Securities | 137 | 183 | 137 | 48 |
Modified Duration (yrs) | 1.7 | 2.31 | 1.7 | — |
Average Maturity (yrs) | 2.75 | 3.19 | 2.75 | — |
Yield to Maturity (%) | 6.4 | 6.4 | 4.95 | — |
Avg Credit Rating | AAA | — | — | — |
HDFC Short Term Debt Fund Guidance by Chanakya :
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