Top 10 Hdfc Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
HDFC Medium Term Debt FundDebtModerate9.8%4star1,038
HDFC Short Term Debt Fund DebtModerately Low9.4%4star7,992
HDFC Ultra Short Term FundDebtModerately LowN.A3star6,196
HDFC Gilt Fund DebtModerate11.6%3star1,214
HDFC Corporate Bond FundDebtModerately Low10.9%3star12,258
HDFC Credit Risk Debt Fund DebtModerate8.6%3star15,066
HDFC Banking & PSU Debt FundDebtModerate10.2%2star3,187
HDFC Income FundDebtModerate10.4%2star608
HDFC Low DurationDebtModerately Low8.6%2star15,150
HDFC Dynamic Debt Fund DebtModerate4.3%1star662
View All Top 10 Hdfc Mutual Funds

Best HDFC Debt Mutual Funds

Launched on the 10th of December, 1999, HDFC Asset Management Company Ltd. is among the most popular fund houses in India. The company offers an extensive range of mutual funds and is home to some of the most trustworthy fund managers who ensure that your hard-earned money is invested in the right schemes. Whether you seek growth funds, income funds, or even retirement funds, HDFC AMC Ltd. has it all.

HDFC Mutual Fund has left no stone unturned to cater to investors from all walks of life. Be it any financial goal – long-term, short-term, retirement, tax-saving and so on – HDFC has that plan for you.

If you are saving for very short-term goals like a vacation or buying an automobile, then this category is ideal for gains within one year. It is also an excellent resort to park your money until you decide where to invest or spend next. Returns are taxed as per your income tax slab if sold before three years and have negligible tax post that period.

Purpose: Invest here for your short term goals like a vacation, buying a bike, jewelry or expensive gadget.

Let's have a closer look

Now let us jump and check about these top 10 mutual fund schemes.

HDFC Medium Term Debt Fund Direct Plan-Growth

Fund Performance: This fund has consistently beaten its benchmark in Medium Duration segment and provided 8.16% annualized returns in the last 3 years. In the last 1 year, it gave 9.8% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 9.8% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Shobhit Mehrotra

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating4star
AUM1,038Cr
1Y Returns9.8%

HDFC Short Term Debt Fund Direct Plan-Growth

Fund Performance: This fund has consistently beaten its benchmark in Short Duration segment and provided 7.87% annualized returns in the last 3 years. In the last 1 year, it gave 9.39% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 9.39% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Anil Bamboli

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating4star
AUM7,992Cr
1Y Returns9.4%

HDFC Ultra Short Term Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Ultra Short Term segment and provided -100% annualized returns in the last 3 years. In the last 1 year, it gave -100% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -100% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Anil Bamboli, Rakesh Vyas

Launch Date23 Sep 2018
Min Investment Amt5,000
Groww Rating3star
AUM6,196Cr
1Y Returns-100.0%

HDFC Gilt Fund Direct Plan-Growth

Fund Performance: This fund has consistently beaten its benchmark in Gilt segment and provided 7.16% annualized returns in the last 3 years. In the last 1 year, it gave 11.6% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 11.6% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Anil Bamboli

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating3star
AUM1,214Cr
1Y Returns11.6%

HDFC Corporate Bond Fund Direct Plan-Growth

Fund Performance: This fund has consistently beaten its benchmark in Corporate Bond segment and provided 8.29% annualized returns in the last 3 years. In the last 1 year, it gave 10.93% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 10.93% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Anupam Joshi

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating3star
AUM12,258Cr
1Y Returns10.9%

HDFC Credit Risk Debt Fund Direct-Growth

Fund Performance: This fund has consistently beaten its benchmark in Credit Risk segment and provided 8.12% annualized returns in the last 3 years. In the last 1 year, it gave 8.64% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 8.64% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Shobhit Mehrotra

Launch Date24 Mar 2014
Min Investment Amt5,000
Groww Rating3star
AUM15,066Cr
1Y Returns8.6%

HDFC Banking and PSU Debt Fund Direct-Growth

Fund Performance: This fund has consistently beaten its benchmark in Banking & PSU segment and provided 8.18% annualized returns in the last 3 years. In the last 1 year, it gave 10.18% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 10.18% returns in the last 1 year. Groww rated this fund as 2 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Anil Bamboli, Rakesh Vyas

Launch Date25 Mar 2014
Min Investment Amt5,000
Groww Rating2star
AUM3,187Cr
1Y Returns10.2%

HDFC Income Direct Plan-Growth

Fund Performance: This fund has consistently beaten its benchmark in Medium to Long Duration segment and provided 6.28% annualized returns in the last 3 years. In the last 1 year, it gave 10.37% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 10.37% returns in the last 1 year. Groww rated this fund as 2 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Shobhit Mehrotra

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating2star
AUM608Cr
1Y Returns10.4%

HDFC Low Duration Fund Direct Plan-Growth

Fund Performance: This fund has consistently beaten its benchmark in Low Duration segment and provided 7.89% annualized returns in the last 3 years. In the last 1 year, it gave 8.62% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 8.62% returns in the last 1 year. Groww rated this fund as 2 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Anupam Joshi

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating2star
AUM15,150Cr
1Y Returns8.6%

HDFC Dynamic Debt Fund Direct Plan-Growth

Fund Performance: This fund has consistently beaten its benchmark in Dynamic segment and provided 4.97% annualized returns in the last 3 years. In the last 1 year, it gave 4.29% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 4.29% returns in the last 1 year. Groww rated this fund as 1 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Anil Bamboli

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating1star
AUM662Cr
1Y Returns4.3%

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What does investing in HDFC Debt Mutual Funds actually mean?

Suppose a mutual fund invests in ten stocks and total current market value of these stocks is 1.1 Crore. Out of this, the AMC deducts say, 0.1 Crore for operating the fund (this is known as the expense ratio). So the net value is 1 crore. Now the AMC will divide this 1 Crore into say, 10,000 parts. These parts are known as units. The cost of one unit is 1Cr/10,000 = Rs. 1000. This is known as the Net Asset Value (NAV) of the mutual fund. Suppose the AMC has set a minimum investment requirement of Rs. 500. Then if you pay Rs. 500, you will get 0.5 units of the fund. Remember that the cost of one unit is the cost when you made the purchase. Suppose after one year, the NAV has fallen to Rs. 700 per unit and you wish to exit the fund (also known as redemption), then you sell your 0.5 units back to the AMC and get 0.5 x Rs. 700 = Rs. 350 back. Yes, you invested Rs. 500 and got back Rs. 350 – a loss of 150 over a year. The point is, that you buy units at current NAV and sell units (fully or partially) at current NAV. This is what investing in mutual fund actually means.

How to invest in HDFC Mutual Funds on Groww?

One of the best ways to hedge against the small-cap volatility is to adopt a phased approach, also known as Systematic Investment Plan (SIP) approach. We are sure that you must be aware of SIP and its benefits. Buying in small quantity but buying regularly provides you with faster growth. On Groww.in, all transactions to and from AMC is done via BSE. When you decide to invest in a large cap mutual fund of your choice, you choose that mutual fund on the website and click ‘invest’. Following that, you are redirected to the BSE page where you make the payment. BSE then directs your money to the AMC managing your mutual fund. To be assured at your end, you can visit the individual AMC website after the payment. You would be able to see all your purchased units against your folio number.

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Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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