HDFC Medium Term Debt Fund Direct Plan Dividend Fortnightly is a Debt Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Shobhit Mehrotra is the Current Fund Manager of HDFC Medium Term Debt Fund Direct Plan Dividend Fortnightly.The fund currently has an Asset Under Management(AUM) of ₹1,138 Cr and the Latest NAV as of 18 Oct 2019 is ₹10.63.
The HDFC Medium Term Debt Fund Direct Plan Dividend Fortnightly is rated Moderate risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Nil.
Investment Objective
Seeks to generate income with a view to maximize income while maintaining the optimum balance of Yield , Safety and Liquidity.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
₹5000
Min for First Investment
₹1000
Min for Second Investment