April 22, 2024
mayank
HDFC Medium Term Debt Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 54.7736
Fortnightly NAV IDCW: Rs 10.0869
NAV IDCW: Rs 18.3023
Suitable For Which Investors?
“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.”
Fund’s Investment Strategy:
The scheme seeks to generate income / capital appreciation through investments in Debt and Money Market Instruments.
Fund Manager:
1) Shobhit Mehrotra
Education: He is an MBA from Clemson University, USA.
Experience: Prior to joining HDFC AMC he has worked with Franklin Templeton AMC, and ICRA.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 100 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 1 |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details
| Fund House | HDFC Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 8.11% |
| Benchmark | NIFTY Medium Duration Debt Index C-III |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 4,210 Cr |
| (As on 31-Mar-2024) | |
| Expense | 0.59% |
| (As on 31-Mar-2024) | |
| Risk Grade | Average |
| Return Grade | Average |
Trailing Returns (%) of HDFC Medium Term Debt Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| HDFC Medium Term Debt Dir | 2.28 | -0.10 | 0.27 | 1.80 | 4.05 | 7.39 | 6.06 | 7.44 | 7.28 | 8.12 |
| VR Bond | 2.38 | -0.15 | 0.13 | 1.93 | 4.42 | 7.04 | 5.14 | 5.77 | 5.82 | 6.73 |
| Debt: Medium Duration | 2.17 | -0.11 | 0.28 | 1.77 | 4.06 | 7.05 | 6.43 | 6.25 | 6.67 | 7.86 |
| Rank within category | 4 | 5 | 8 | 8 | 6 | 4 | 7 | 5 | 5 | 5 |
| Number of funds in category | 16 | 16 | 16 | 16 | 16 | 16 | 15 | 14 | 12 | 9 |
Peer Comparison of HDFC Medium Term Debt Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| HDFC Medium Term Debt Dir | 3 star | 7.39 | 6.06 | 7.44 | 0.59 | 4,210 | 8.11 | — | 11Y 3M |
| ICICI Pru Medium Term Bond Dir | 4 star | 7.39 | 6.47 | 7.90 | 0.74 | 6,409 | 8.43 | 1.00 (365) | 11Y 3M |
| Axis Strategic Bond Dir | 4 star | 7.83 | 6.57 | 7.42 | 0.33 | 1,985 | 8.55 | 1.00 (365) | 11Y 3M |
| ABSL Medium Term Dir | 5 star | 7.13 | 13.00 | 9.26 | 0.85 | 1,863 | 9.35 | 2.00 (365) | 11Y 3M |
| HSBC Medium Duration Dir | 4 star | 7.54 | 5.97 | 7.20 | 0.40 | 821 | 7.76 | — | 9Y 2M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 94 | 38 |
| Macaulay Duration (yrs) | 3.71 | 3.66 |
| Average Maturity (yrs) | 5.16 | 5.16 |
| Yield to Maturity (%) | 7.92 | 7.86 |
| Avg Credit Rating | AAA | — |
How to Invest in HDFC Medium Term Debt Fund?
Chanakya’s Mutual Fund Guidance For HDFC Medium Term Debt Fund
Apply Online: https://investor-web.hdfcfund.com/
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https://sahifund.com/category/nfos/
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