Should I invest in HDFC FMP 2638D February 2023?

We don't give personal investment advice. HDFC FMP 2638D February 2023 - IDCW Option is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding.

HDFC

HDFC FMP 2638D February 2023 - IDCW Option

Latest NAV

₹12.8565

As of

3 Jun 2026

788 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.06%	-8.05%	+8.11	30 / 904	Q1
1W	+0.24%	-11.71%	+11.95	27 / 779	Q1
2W	+0.53%	-11.75%	+12.28	17 / 776	Q1
1M	+0.34%	-11.75%	+12.09	139 / 772	Q1
3M	+0.16%	-11.29%	+11.44	357 / 763	Q2
6M	+0.97%	-10.39%	+11.36	326 / 749	Q2
YTD	+1.44%	-10.45%	+11.89	194 / 747	Q2
1Y	+2.83%	-8.25%	+11.08	316 / 728	Q2
2Y	+7.40%	-5.23%	+12.63	97 / 660	Q1
3Y	+7.01%	-3.98%	+11.00	211 / 644	Q2
4Y	—	—	—	—	—
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+7.99%	-1.09%	+9.08	168 / 904	Q1

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+1.44%	+0.07%	+1.37	11 / 49
2025	+8.28%	+2.91%	+5.36	1 / 61
2024	+9.27%	+5.21%	+4.06	2 / 62
2023	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+8.41%

28 windows

min 2.8% · max 12.5%

100% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

+7.57%

4 windows

min 7.0% · max 8.6%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

—

Insufficient history

7-Year rolling

—

Insufficient history

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

2.56%

3-year · annualised

Sharpe ratio

0.13

vs risk-free 6.5%

Sortino ratio

0.29

Downside-only deviation

Max drawdown

-1.79%

Mar 2026 → Apr 2026

% positive months

80.6%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Medium to Long Duration Fund

Scheme	Fund house	NAV	As of
HDFC Charity Fund for Cancer Cure - IDCW Option - 50% IDCW Donation Option	HDFC	₹10.0419	3 Jun 2026
NIPPON INDIA FIXED MATURITY PLAN - XLI - SERIES 8 - IDCW Option	Nippon India	₹17.0046	3 Jun 2026
SBI Magnum Income Fund-Bonus	SBI	₹43.7200	3 Jun 2026
ICICI Prudential Bond Fund - Half Yearly IDCW	ICICI Prudential	₹11.0548	3 Jun 2026
Franklin India Medium to Long Duration Fund - IDCW	Franklin India	₹10.4210	3 Jun 2026
Canara Robeco Income-Growth Plan	Canara Robeco	₹55.9906	3 Jun 2026
UTI Bond Fund-Growth (for rep. After 6 months- No Load)	UTI	₹74.6017	3 Jun 2026
Birla Sun Life Income Plus (Dividend)	Birla Sun Life	₹12.9049	3 Jun 2026
IDFC - SSIF - Investment Plan - Annual Dividend	IDFC	₹11.6743	3 Jun 2026
JM Income Fund-Dividend	JM Financial	₹21.5269	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹12.8565
2 Jun 2026	₹12.8622
1 Jun 2026	₹12.8542
29 May 2026	₹12.8518
27 May 2026	₹12.8355
26 May 2026	₹12.8320
25 May 2026	₹12.8302
22 May 2026	₹12.7741
21 May 2026	₹12.7642
20 May 2026	₹12.7949

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of HDFC FMP 2638D February 2023 - IDCW Option is ₹12.8565. It's a Medium to Long Duration Fund from HDFC, run as a Unknown plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

HDFC FMP 2638D February 2023 - IDCW Option has NAV history starting from 23 Feb 2023, a track record of about 3 years 3 months. It's a relatively new scheme. With under 5 years of NAVs, peer comparison is the best yardstick — point-to-point returns can be skewed by entry timing.

HDFC FMP 2638D February 2023 - IDCW Option is managed by HDFC. It's classified by AMFI under the 'Medium to Long Duration Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, HDFC FMP 2638D February 2023 - IDCW Option has delivered a absolute return of 2.83% — +11.08 pp ahead of the Medium to Long Duration Fund category average of -8.25%. The fund ranks #316 of 728 in its category — the second (Q2) quartile.

Over the trailing 3-year window, HDFC FMP 2638D February 2023 - IDCW Option has delivered a CAGR of 7.01% — +11 pp ahead of the Medium to Long Duration Fund category average of -3.98%. The fund ranks #211 of 644 in its category — the second (Q2) quartile.

HDFC FMP 2638D February 2023 - IDCW Option doesn't have a complete 5-year window yet (we need at least 5 year of NAVs). Check the shorter-window returns above.

₹1 lakh invested in HDFC FMP 2638D February 2023 - IDCW Option exactly 3 years ago would be worth approximately ₹122,547 today — a multiplier of 1.23×, based on the 3-year CAGR of 7.01%. The category average over the same window would have grown ₹1 lakh to ₹88,516.

A ₹10,000 monthly SIP in HDFC FMP 2638D February 2023 - IDCW Option over the last 3 years — total invested ₹360,000 — would be worth ₹398,795 today. That's an XIRR (money-weighted annualised return) of 6.75%.

HDFC FMP 2638D February 2023 - IDCW Option doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹398,795 — XIRR 6.75%.

On a 3-year basis, HDFC FMP 2638D February 2023 - IDCW Option ranks #211 out of 644 funds in the Medium to Long Duration Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is -3.98%; this fund delivered 7.01%.

The worst peak-to-trough decline HDFC FMP 2638D February 2023 - IDCW Option has experienced over the last 3-year window is 1.79% — its NAV fell from a high on 10 Mar 2026 to a low on 02 Apr 2026. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 3-year rolling windows, HDFC FMP 2638D February 2023 - IDCW Option averaged 7.57% (best 8.58%, worst 7.01%). 100% of rolling windows ended positive. The 3-year Sharpe ratio is 0.13 — weak risk-adjusted performance.

In calendar year 2025, HDFC FMP 2638D February 2023 - IDCW Option returned 8.28% — beating the Medium to Long Duration Fund category average of 2.91% by 5.36 pp. It ranked #1 of 61 in its category that year.

HDFC FMP 2638D February 2023 - IDCW Option is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. HDFC FMP 2638D February 2023 - IDCW Option is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.