Top 10 Hdfc Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
HDFC Regular Savings FundDebtModerate6.3%5star5,433
HDFC Short Term Debt Fund DebtModerately Low7.7%4star8,130
HDFC Gilt Fund DebtModerate7.5%3star1,188
HDFC Medium Term Debt FundDebtModerate7.2%3star1,098
HDFC Corporate Bond FundDebtModerately Low7.7%3star11,520
HDFC Floating Rate Debt FundDebtModerately Low7.7%3star8,282
HDFC Dual Advantage Fund - Series IIDebtModerate7.7%3star223
HDFC Fixed Maturity Plan - February 2017 (37) - 1 - 1170DDebtModerate7.3%3star240
HDFC Fixed Maturity Plan - August 2018 (42) - 1 - 1141DDebtModerateN.A3star219
HDFC Fixed Maturity Plan - May 2016 (36) - 1 - 1127DDebtModerate7.5%3star120
HDFC Banking & PSU Debt FundDebtModerate7.4%2star2,820
HDFC Floating Rate Income Fund - Long Term FundDebtModerate5.5%2star1,832
HDFC Gilt Fund - Short TermDebtModerately Low4.7%2star367
HDFC Dynamic Debt Fund DebtModerate3.7%2star828
HDFC Income FundDebtModerate6.2%2star812
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 Short Term Plan - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Short Duration segment and provided 8.88% annualized returns in the last 3 years. In the last 1 year, it gave 6.34% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 6.34% returns in the last 1 year. Groww rated this fund as 5 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 Rating5star
AUM5,433Cr
1Y Returns6.3%

HDFC Short Term Debt Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Short Duration segment and provided 7.86% annualized returns in the last 3 years. In the last 1 year, it gave 7.67% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.67% 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
AUM8,130Cr
1Y Returns7.7%

HDFC Gilt Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Gilt segment and provided 7.77% annualized returns in the last 3 years. In the last 1 year, it gave 7.47% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.47% 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
AUM1,188Cr
1Y Returns7.5%

HDFC Medium Term Debt Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Medium Duration segment and provided 8.21% annualized returns in the last 3 years. In the last 1 year, it gave 7.24% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.24% 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 Date31 Dec 2012
Min Investment Amt5,000
Groww Rating3star
AUM1,098Cr
1Y Returns7.2%

HDFC Corporate Bond Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Corporate Bond segment and provided 8.17% annualized returns in the last 3 years. In the last 1 year, it gave 7.71% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.71% 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
AUM11,520Cr
1Y Returns7.7%

HDFC Floating Rate Debt Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Floater segment and provided 7.85% annualized returns in the last 3 years. In the last 1 year, it gave 7.73% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.73% 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 Date31 Dec 2012
Min Investment Amt2,00,000
Groww Rating3star
AUM8,282Cr
1Y Returns7.7%

HDFC Dual Advantage Fund - Series II - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Marginal Equity segment and provided 8.46% annualized returns in the last 3 years. In the last 1 year, it gave 7.71% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.71% 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, Krishan Daga, Rakesh Vyas

Launch Date3 Feb 2016
Min Investment Amt5,000
Groww Rating3star
AUM223Cr
1Y Returns7.7%

HDFC Fixed Maturity Plan - February 2017 (37) - 1 - 1170D - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in FMP segment and provided -100% annualized returns in the last 3 years. In the last 1 year, it gave 7.3% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.3% 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 Date28 Feb 2017
Min Investment Amt5,000
Groww Rating3star
AUM240Cr
1Y Returns7.3%

HDFC Fixed Maturity Plan - August 2018 (42) - 1 - 1141D - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in FMP 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: null

Launch Date12 Aug 2018
Min Investment Amt5,000
Groww Rating3star
AUM219Cr
1Y Returns-100.0%

HDFC Fixed Maturity Plan - May 2016 (36) - 1 - 1127D - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in FMP segment and provided -100% annualized returns in the last 3 years. In the last 1 year, it gave 7.55% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.55% 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, Rakesh Vyas

Launch Date30 May 2016
Min Investment Amt5,000
Groww Rating3star
AUM120Cr
1Y Returns7.5%

HDFC Banking & 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 7.42% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.42% 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
AUM2,820Cr
1Y Returns7.4%

HDFC Corporate Bond Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Floater segment and provided 7.77% annualized returns in the last 3 years. In the last 1 year, it gave 5.54% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 5.54% 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
AUM1,832Cr
1Y Returns5.5%

HDFC Corporate Bond Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Gilt segment and provided 7.89% annualized returns in the last 3 years. In the last 1 year, it gave 4.72% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 4.72% 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

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating2star
AUM367Cr
1Y Returns4.7%

HDFC Dynamic Debt Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Dynamic segment and provided 6.57% annualized returns in the last 3 years. In the last 1 year, it gave 3.72% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 3.72% 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

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating2star
AUM828Cr
1Y Returns3.7%

HDFC Income Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Medium to Long Duration segment and provided 6.72% annualized returns in the last 3 years. In the last 1 year, it gave 6.15% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 6.15% 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
AUM812Cr
1Y Returns6.2%

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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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