How to Invest in HDFC Monthly Income Plan Short term Plan Direct Growth?

You can easily invest in HDFC Monthly Income Plan Short term Plan Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for HDFC Monthly Income Plan Short term Plan Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in HDFC Monthly Income Plan Short term Plan Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does HDFC Monthly Income Plan Short term Plan Direct Growth provide?

The HDFC Monthly Income Plan Short term Plan Direct Growth has been there from 01 Jan 2013 and the average annual returns provided by this fund is 2.97% since its inception.

How much expense ratio is charged by HDFC Monthly Income Plan Short term Plan Direct Growth?

The term Expense Ratio used for HDFC Monthly Income Plan Short term Plan Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of HDFC Monthly Income Plan Short term Plan Direct Growth is 1.49% as of 04 Nov 2025...

What is the AUM of HDFC Monthly Income Plan Short term Plan Direct Growth?

The AUM, short for Assets Under Management of HDFC Monthly Income Plan Short term Plan Direct Growth is ₹298.78Cr as of 04 Nov 2025.

How to Redeem HDFC Monthly Income Plan Short term Plan Direct Growth?

If you want to sell your HDFC Monthly Income Plan Short term Plan Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

What is the PE and PB ratio of HDFC Monthly Income Plan Short term Plan Direct Growth?

The PE ratio ratio of HDFC Monthly Income Plan Short term Plan Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

HDFC Monthly Income Plan Short term Plan Direct Growth - NAV, Mutual Fund Performance & Portfolio

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HDFC Monthly Income Plan Short term Plan Direct Growth
Hybrid
Equity Savings
Moderately High Risk
+7.53%
3Y annualised
+0.25% 1D
1M
6M
1Y
3Y
5Y
 NAV: 25 May 2018
₹30.94
Rating
3
Min. SIP amount
Not Supported
Fund size
₹298.78Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Holdings (56)NameSectorInstrumentAssets
GOI
SovereignCGL11.21%
GOI
SovereignCGL10.68%
Hindalco Industries Ltd.
MetalsBonds/NCD3.76%
State Bank of India
FinancialBonds3.64%
National Highways Authority of India Ltd.
ServicesBonds3.57%
GOI
SovereignCGL3.49%
GOI
SovereignGOI Sec2.04%
Tata Steel Ltd.
MetalsDebenture1.95%
KEC International Ltd.
EngineeringEquity1.94%
Syndicate Bank
FinancialDebenture1.88%
GOI
SovereignCGL1.86%
IIFL Home Finance Ltd.
FinancialDebenture1.86%
Export-Import Bank Of India
FinancialBonds1.86%
State Bank of India
FinancialBonds/NCD1.83%
Aarti Industries Ltd.
ChemicalsDebenture1.83%
LIC Housing Finance Ltd.
FinancialDebenture1.81%
GOI
SovereignGOI Sec1.81%
GOI
SovereignGOI Sec1.78%
GOI
SovereignCGL1.78%
LIC Housing Finance Ltd.
FinancialDebenture1.76%
ICICI Bank Ltd.
FinancialEquity1.71%
HDFC Bank Ltd.
FinancialEquity1.42%
Bank Of Baroda
FinancialEquity1.36%
State Bank of India
FinancialEquity1.35%
Larsen & Toubro Ltd.
ConstructionEquity1.11%
Century Textiles & Inds. Ltd.
DiversifiedEquity1.10%
Blue Star Ltd.
Cons DurableEquity1.08%
Zuari Agro Chemicals Ltd.
ChemicalsEquity1.04%
Tata Steel Ltd.
MetalsEquity1.01%
Tamilnadu State
OthersSDL0.92%
REC Ltd.
FinancialBonds0.92%
Cipla Ltd.
HealthcareEquity0.89%
Oil India Ltd.
EnergyEquity0.75%
Federal Bank Ltd.
FinancialEquity0.70%
Cholamandalam Investment & Finance Co. Ltd.
FinancialDebenture0.70%
Kalpataru Power Transmission Ltd.
ConstructionEquity0.62%
Apar Industries Ltd.
EngineeringEquity0.59%
Crompton Greaves Consumer Electricals Ltd.
Cons DurableEquity0.53%
Sundaram Bnp Paribas Home Finance Ltd.
FinancialBonds0.51%
Canara Bank
FinancialEquity0.48%
C&C Constructions Ltd.
ConstructionEquity0.48%
NMDC Ltd.
MetalsEquity0.46%
Elecon Engineering Co. Ltd.
EngineeringEquity0.46%
Titagarh Wagons Ltd.
FMCGEquity0.43%
Sadbhav Engineering Ltd.
ConstructionEquity0.42%
Asian Satellite Broadcast Pvt.Ltd.
ServicesDebenture0.42%
Wipro Ltd.
TechnologyEquity0.39%
Rallis India Ltd.
ChemicalsEquity0.32%
Navneet Education Ltd.
FMCGEquity0.29%
Mcleod Russel (India) Ltd.
FMCGEquity0.28%
VA Tech Wabag Ltd
EngineeringEquity0.26%
CG Power & Industrial Solutions Ltd.
EngineeringEquity0.19%
GOI
SovereignCGL0.12%
Unichem Laboratories Ltd.
HealthcareEquity0.06%
Tata Steel Ltd.
MetalsPPE0.02%
Union Bank of India
FinancialEquity0.01%
See All
Minimum investment amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Hybrid Equity Savings
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.0%7.5%9.0%NA
Category average5.7%9.3%8.9%NA
Rank with in categoryNANANANA
Understand terms
Peer ComparisonHybrid, Equity Savings fundsRating1Y3YFund Size(Cr)
Kotak Equity Savings Fund Direct Growth
4
9.1%12.9%8,782.37
Edelweiss Equity Savings Fund Direct Growth
5
10.2%12.5%946.86
DSP Equity Savings Fund Direct Growth
4
6.1%10.9%3,773.40
ICICI Prudential Equity Savings Fund Direct Growth
5
7.7%9.4%16,487.15
Bandhan Equity Savings Fund Direct Growth
4
6.8%8.7%354.94
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting  your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
30 Sep 2018 - Present
1.49%
30 Apr 2018 - 30 Sep 2018
1.30%
31 Mar 2018 - 30 Apr 2018
1.25%
28 Feb 2018 - 31 Mar 2018
1.19%
31 Jan 2018 - 28 Feb 2018
1.23%
31 Dec 2017 - 31 Jan 2018
1.42%
30 Nov 2017 - 31 Dec 2017
1.36%
31 Oct 2017 - 30 Nov 2017
1.18%
Expense ratio, exit load and taxExpense ratio: 1.49%Inclusive of GST
Exit loadExit load of 1% if redeemed within 1 year
Stamp duty0.005% (from July 1st, 2020)
Tax implicationNA
Understand terms
Check past data
Fund house & investment objective
HDFC Mutual Fund
Rank (total assets)#2 in India
Total AUM₹8,75,194.43Cr
Date of Incorporation10 Dec 1999
    HDFC Monthly Income Plan Short term Plan Direct Growth is a Hybrid Mutual Fund Scheme launched by HDFC Mutual Fund.     This scheme was made available to investors on 10 Dec 1999.     Shobhit Mehrotra, Vinay Kulkarni is the Current Fund Manager of HDFC Monthly Income Plan Short term Plan Direct Growth fund.     The fund currently has an Asset Under Management(AUM) of ₹8,75,194 Cr and     the Latest NAV as of 25 May 2018 is ₹30.94.  

    The HDFC Monthly Income Plan Short term Plan Direct Growth is rated Moderately High risk.     Minimum SIP Investment is set to ₹300.          Exit load of 1% if redeemed within 1 year
  ;
Investment ObjectiveThe scheme aims to generate regular returns through investment primarily in debt and money market instruments. It will also invest in equity and equity related securities to generate long-term capital appreciation. 
 
;
Fund benchmarkNIFTY 50 Hybrid Composite Debt 15:85 Conservative Index
Scheme Information Document(SID)
Fund house contact details
Address
"HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, BackbayReclamation, Churchgate Mumbai 400020
Phone
022 – 66316333
Launch Date
10 Dec 1999
E-mail
[email protected]
Website
www.hdfcfund.com
HDFC Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Groww Invest Tech Pvt. Ltd. (Formerly known as Nextbillion Technology Pvt. Ltd) (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
Category: Hybrid Equity Savings
Pros
5Y annualised returns higher than category average by 0.86%
Cons
Consistently lower annualised returns than category average for the past 1Y and 3Y
Higher expense ratio: 1.49%
Compare funds
HDFC Monthly Income Plan Short term Plan Direct Growth
VS
Add mutual fund to compare

Name	Sector	Instrument	Assets
GOI	Sovereign	CGL	11.21%
GOI	Sovereign	CGL	10.68%
Hindalco Industries Ltd.	Metals	Bonds/NCD	3.76%
State Bank of India	Financial	Bonds	3.64%
National Highways Authority of India Ltd.	Services	Bonds	3.57%
GOI	Sovereign	CGL	3.49%
GOI	Sovereign	GOI Sec	2.04%
Tata Steel Ltd.	Metals	Debenture	1.95%
KEC International Ltd.	Engineering	Equity	1.94%
Syndicate Bank	Financial	Debenture	1.88%
GOI	Sovereign	CGL	1.86%
IIFL Home Finance Ltd.	Financial	Debenture	1.86%
Export-Import Bank Of India	Financial	Bonds	1.86%
State Bank of India	Financial	Bonds/NCD	1.83%
Aarti Industries Ltd.	Chemicals	Debenture	1.83%
LIC Housing Finance Ltd.	Financial	Debenture	1.81%
GOI	Sovereign	GOI Sec	1.81%
GOI	Sovereign	GOI Sec	1.78%
GOI	Sovereign	CGL	1.78%
LIC Housing Finance Ltd.	Financial	Debenture	1.76%
ICICI Bank Ltd.	Financial	Equity	1.71%
HDFC Bank Ltd.	Financial	Equity	1.42%
Bank Of Baroda	Financial	Equity	1.36%
State Bank of India	Financial	Equity	1.35%
Larsen & Toubro Ltd.	Construction	Equity	1.11%
Century Textiles & Inds. Ltd.	Diversified	Equity	1.10%
Blue Star Ltd.	Cons Durable	Equity	1.08%
Zuari Agro Chemicals Ltd.	Chemicals	Equity	1.04%
Tata Steel Ltd.	Metals	Equity	1.01%
Tamilnadu State	Others	SDL	0.92%
REC Ltd.	Financial	Bonds	0.92%
Cipla Ltd.	Healthcare	Equity	0.89%
Oil India Ltd.	Energy	Equity	0.75%
Federal Bank Ltd.	Financial	Equity	0.70%
Cholamandalam Investment & Finance Co. Ltd.	Financial	Debenture	0.70%
Kalpataru Power Transmission Ltd.	Construction	Equity	0.62%
Apar Industries Ltd.	Engineering	Equity	0.59%
Crompton Greaves Consumer Electricals Ltd.	Cons Durable	Equity	0.53%
Sundaram Bnp Paribas Home Finance Ltd.	Financial	Bonds	0.51%
Canara Bank	Financial	Equity	0.48%
C&C Constructions Ltd.	Construction	Equity	0.48%
NMDC Ltd.	Metals	Equity	0.46%
Elecon Engineering Co. Ltd.	Engineering	Equity	0.46%
Titagarh Wagons Ltd.	FMCG	Equity	0.43%
Sadbhav Engineering Ltd.	Construction	Equity	0.42%
Asian Satellite Broadcast Pvt.Ltd.	Services	Debenture	0.42%
Wipro Ltd.	Technology	Equity	0.39%
Rallis India Ltd.	Chemicals	Equity	0.32%
Navneet Education Ltd.	FMCG	Equity	0.29%
Mcleod Russel (India) Ltd.	FMCG	Equity	0.28%
VA Tech Wabag Ltd	Engineering	Equity	0.26%
CG Power & Industrial Solutions Ltd.	Engineering	Equity	0.19%
GOI	Sovereign	CGL	0.12%
Unichem Laboratories Ltd.	Healthcare	Equity	0.06%
Tata Steel Ltd.	Metals	PPE	0.02%
Union Bank of India	Financial	Equity	0.01%

	1Y	3Y	5Y	All
Fund returns	3.0%	7.5%	9.0%	NA
Category average	5.7%	9.3%	8.9%	NA
Rank with in category	NA	NA	NA	NA

Hybrid, Equity Savings funds	Rating	1Y	3Y	Fund Size(Cr)
Kotak Equity Savings Fund Direct Growth	4	9.1%	12.9%	8,782.37
Edelweiss Equity Savings Fund Direct Growth	5	10.2%	12.5%	946.86
DSP Equity Savings Fund Direct Growth	4	6.1%	10.9%	3,773.40
ICICI Prudential Equity Savings Fund Direct Growth	5	7.7%	9.4%	16,487.15
Bandhan Equity Savings Fund Direct Growth	4	6.8%	8.7%	354.94