Should I invest in HDFC FMP 2638D February 2023 - Quarterly IDCW Option?

We don't give personal investment advice. HDFC FMP 2638D February 2023 - Quarterly IDCW Option - Direct Plan 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 - Quarterly IDCW Option - Direct Plan

Latest NAV

₹10.1251

As of

17 Jul 2026

819 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	+0.03%	-6.86%	+6.89	44 / 1087	Q1
1W	+0.08%	-9.76%	+9.84	216 / 998	Q1
2W	+0.26%	-9.73%	+9.99	70 / 997	Q1
1M	-1.18%	-9.76%	+8.58	510 / 991	Q3
3M	+0.31%	-9.36%	+9.66	394 / 984	Q2
6M	+0.12%	-8.72%	+8.84	374 / 949	Q2
YTD	-0.23%	-8.84%	+8.61	402 / 949	Q2
1Y	-2.50%	-6.67%	+4.17	469 / 916	Q3
2Y	+0.06%	-2.45%	+2.51	351 / 867	Q2
3Y	-0.33%	-1.11%	+0.79	538 / 835	Q3
4Y	—	—	—	—	—
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+0.36%	+0.47%	-0.11	489 / 1085	Q2

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	-0.23%	+0.83%	-1.06	96 / 112
2025	+0.62%	+4.71%	-4.09	101 / 122
2024	+0.91%	+5.86%	-4.95	105 / 127
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

+0.20%

30 windows

min -4.4% · max 3.7%

63% positive

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

3-Year rolling

-0.26%

6 windows

min -1.2% · max 0.9%

33% 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

4.35%

3-year · annualised

Sharpe ratio

-1.54

vs risk-free 6.5%

Sortino ratio

-1.95

Downside-only deviation

Max drawdown

-6.45%

Jun 2025 → Apr 2026

% positive months

58.3%

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 - Direct Plan - 50% IDCW Donation Option	HDFC	₹10.1159	17 Jul 2026
NIPPON INDIA FIXED MATURITY PLAN - XLI - SERIES 8 - DIRECT Plan - IDCW Option	Nippon India	₹17.7273	17 Jul 2026
SBI Fixed Maturity Plan (FMP) - Series 1 (3668 Days) - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹17.7206	17 Jul 2026
ICICI Prudential Bond Fund - Direct Plan - Half Yearly IDCW	ICICI Prudential	₹11.0090	17 Jul 2026
BANDHAN Fixed Term Plan Series 179 DIRECT PLAN HALF YEARLY-IDCW (3652 days)	Bandhan	₹11.5431	17 Jul 2026
Aditya Birla Sun Life Fixed Term Plan - Series TJ (1838 days) - Direct Plan - Payout of IDCW Option	Aditya Birla Sun Life	₹13.6183	17 Jul 2026
Franklin India Medium to Long Duration Fund - Direct - IDCW	Franklin India	₹10.6701	17 Jul 2026
Kotak Bond Fund - Direct Plan - Standard IDCW option	Kotak	₹30.1720	17 Jul 2026
DSP FMP Series - 264 - 60M - 17D - Direct - IDCW	DSP	₹13.3392	17 Jul 2026
HSBC Medium to Long Duration Fund - Direct Quarterly IDCW	HSBC	₹10.4928	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹10.1251
16 Jul 2026	₹10.1221
15 Jul 2026	₹10.1144
14 Jul 2026	₹10.0908
13 Jul 2026	₹10.1167
10 Jul 2026	₹10.1171
9 Jul 2026	₹10.1054
8 Jul 2026	₹10.0950
7 Jul 2026	₹10.1176
6 Jul 2026	₹10.1133

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 17 Jul 2026, the NAV of HDFC FMP 2638D February 2023 - Quarterly IDCW Option - Direct Plan is ₹10.1251. It's a Medium to Long Duration Fund from HDFC, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

HDFC FMP 2638D February 2023 - Quarterly IDCW Option - Direct Plan has NAV history starting from 23 Feb 2023, a track record of about 3 years 4 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 - Quarterly IDCW Option - Direct Plan 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 - Quarterly IDCW Option - Direct Plan has delivered a absolute return of -2.50% — +4.17 pp ahead of the Medium to Long Duration Fund category average of -6.67%. The fund ranks #469 of 916 in its category — the third (Q3) quartile.

Over the trailing 3-year window, HDFC FMP 2638D February 2023 - Quarterly IDCW Option - Direct Plan has delivered a CAGR of -0.33% — +0.79 pp ahead of the Medium to Long Duration Fund category average of -1.11%. The fund ranks #538 of 835 in its category — the third (Q3) quartile.

HDFC FMP 2638D February 2023 - Quarterly IDCW Option - Direct Plan 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 - Quarterly IDCW Option - Direct Plan exactly 3 years ago would be worth approximately ₹99,016 today — a multiplier of 0.99×, based on the 3-year CAGR of -0.33%. The category average over the same window would have grown ₹1 lakh to ₹96,695.

A ₹10,000 monthly SIP in HDFC FMP 2638D February 2023 - Quarterly IDCW Option - Direct Plan over the last 3 years — total invested ₹360,000 — would be worth ₹355,888 today. That's an XIRR (money-weighted annualised return) of -0.74%.

HDFC FMP 2638D February 2023 - Quarterly IDCW Option - Direct Plan doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹355,888 — XIRR -0.74%.

On a 3-year basis, HDFC FMP 2638D February 2023 - Quarterly IDCW Option - Direct Plan ranks #538 out of 835 funds in the Medium to Long Duration Fund category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is -1.11%; this fund delivered -0.33%.

The worst peak-to-trough decline HDFC FMP 2638D February 2023 - Quarterly IDCW Option - Direct Plan has experienced over the last 3-year window is 6.45% — its NAV fell from a high on 06 Jun 2025 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 - Quarterly IDCW Option - Direct Plan averaged -0.26% (best 0.87%, worst -1.23%). 33% of rolling windows ended positive. The 3-year Sharpe ratio is -1.54 — negative risk-adjusted performance.

In calendar year 2025, HDFC FMP 2638D February 2023 - Quarterly IDCW Option - Direct Plan returned 0.62% — lagging the Medium to Long Duration Fund category average of 4.71% by 4.09 pp. It ranked #101 of 122 in its category that year.

HDFC FMP 2638D February 2023 - Quarterly IDCW Option - Direct Plan 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 - Quarterly IDCW Option - Direct Plan 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.