Should I invest in HDFC High Interest Fund?

We don't give personal investment advice. HDFC High Interest Fund-Growth 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. Worst 5-year drawdown: 2.8%. 5-year CAGR: 5.14%.

HDFC

HDFC High Interest Fund-Growth Option

Latest NAV

₹93.0654

As of

17 Jul 2026

4,913 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	-0.09%	+0.01%	-0.10	16 / 28	Q3
1W	-0.24%	-0.01%	-0.24	17 / 28	Q3
2W	-0.25%	+0.05%	-0.30	17 / 28	Q3
1M	+1.45%	+0.88%	+0.58	6 / 28	Q1
3M	+2.49%	+1.85%	+0.64	9 / 28	Q2
6M	+3.49%	+4.01%	-0.52	14 / 28	Q2
YTD	+3.07%	+3.54%	-0.47	13 / 28	Q2
1Y	+3.30%	+5.22%	-1.93	16 / 28	Q3
2Y	+5.65%	+5.43%	+0.22	16 / 28	Q3
3Y	+6.28%	+5.03%	+1.25	17 / 28	Q3
4Y	+6.44%	+5.04%	+1.41	17 / 28	Q3
5Y	+5.14%	+4.00%	+1.15	15 / 27	Q3
7Y	+6.26%	+3.75%	+2.51	5 / 26	Q1
10Y	+5.73%	+3.83%	+1.91	11 / 25	Q2
Inception	+6.97%	+4.11%	+2.86	8 / 28	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	+3.07%	+2.34%	+0.73	7 / 18
2025	+4.74%	+3.45%	+1.30	7 / 18
2024	+8.61%	+6.04%	+2.57	10 / 18
2023	+6.62%	+4.34%	+2.28	6 / 18
2022	+1.57%	+3.05%	-1.47	11 / 22
2021	+7.40%	+2.73%	+4.67	3 / 24
2020	+8.83%	+4.46%	+4.37	11 / 27
2019	+3.34%	+4.44%	-1.09	16 / 27
2018	+4.03%	+3.44%	+0.59	13 / 27
2017	+1.88%	-0.70%	+2.58	11 / 28
2016	+14.61%	+8.38%	+6.22	4 / 28

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

+7.17%

236 windows

min -0.5% · max 18.5%

98% positive

3-Year rolling

+7.20%

211 windows

min 2.6% · max 13.2%

100% positive

5-Year rolling

+7.21%

187 windows

min 4.3% · max 11.1%

100% positive

7-Year rolling

+7.28%

163 windows

min 4.4% · max 9.6%

100% positive

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

2.63%

3-year · annualised

Sharpe ratio

-0.12

vs risk-free 6.5%

Sortino ratio

-0.28

Downside-only deviation

Max drawdown

-2.77%

May 2025 → Aug 2025

% positive months

77.8%

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 Dynamic Bond Fund

Scheme	Fund house	NAV	As of
HDFC Dynamic Debt Fund - Normal IDCW Option	HDFC	₹19.9381	17 Jul 2026
NIPPON INDIA DYNAMIC BOND FUND - QUARTERLY IDCW Option	Nippon India	₹10.3500	17 Jul 2026
SBI MAGNUM NRI LONG TERM BOND PLAN-DIVIDEND	SBI	₹19.6346	17 Jul 2026
ICICI Prudential All Seasons Bond Fund - Annual IDCW	ICICI Prudential	₹11.4954	17 Jul 2026
Franklin India Dynamic Accrual Fund- Segregated Portfolio 3 (9.50% Yes Bank Ltd CO 23Dec21) - IDCW	Franklin India	₹0.0000	17 Jul 2026
PGIM India Dynamic Bond Fund - Dividend Option - Quarterly	PGIM India	₹1,044.3170	17 Jul 2026
IDFC Dynamic Bond Fund -PLAN B DIVIDEND	IDFC	₹13.6865	17 Jul 2026
Reliance NRI Income Fund-Dividend Plan-Dividend Option	Reliance	₹26.4483	17 Jul 2026
Union Dynamic Bond Fund - IDCW Option	Union	₹15.7589	17 Jul 2026
Birla Sun Life Dynamic Bond Fund-Discipline Advantage Plan-Growth	Birla Sun Life	₹33.5521	19 Jun 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹93.0654
16 Jul 2026	₹93.1461
15 Jul 2026	₹92.9826
14 Jul 2026	₹92.8815
13 Jul 2026	₹93.2338
10 Jul 2026	₹93.2925
9 Jul 2026	₹93.1112
8 Jul 2026	₹93.0596
7 Jul 2026	₹93.3439
6 Jul 2026	₹93.3573

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 High Interest Fund-Growth Option is ₹93.0654. It's a Dynamic Bond Fund from HDFC, run as a Unknown plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

HDFC High Interest Fund-Growth Option has NAV history starting from 03 Apr 2006, a track record of about 20 years 3 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

HDFC High Interest Fund-Growth Option is managed by HDFC. It's classified by AMFI under the 'Dynamic Bond Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, HDFC High Interest Fund-Growth Option has delivered a absolute return of 3.30% — -1.93 pp behind the Dynamic Bond Fund category average of 5.22%. The fund ranks #16 of 28 in its category — the third (Q3) quartile.

Over the trailing 3-year window, HDFC High Interest Fund-Growth Option has delivered a CAGR of 6.28% — +1.25 pp ahead of the Dynamic Bond Fund category average of 5.03%. The fund ranks #17 of 28 in its category — the third (Q3) quartile.

Over the trailing 5-year window, HDFC High Interest Fund-Growth Option has delivered a CAGR of 5.14% — +1.15 pp ahead of the Dynamic Bond Fund category average of 4.00%. The fund ranks #15 of 27 in its category — the third (Q3) quartile.

₹1 lakh invested in HDFC High Interest Fund-Growth Option exactly 10 years ago would be worth approximately ₹174,644 today — a multiplier of 1.75×, based on the 10-year CAGR of 5.73%. The category average over the same window would have grown ₹1 lakh to ₹145,571.

A ₹10,000 monthly SIP in HDFC High Interest Fund-Growth Option over the last 5 years — total invested ₹600,000 — would be worth ₹695,863 today. That's an XIRR (money-weighted annualised return) of 5.87%.

A ₹10,000 monthly SIP for 10 years in HDFC High Interest Fund-Growth Option = ₹1,200,000 invested. It would currently be worth ₹1,617,427 (multiplier 1.35×). XIRR: 5.82%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, HDFC High Interest Fund-Growth Option ranks #15 out of 27 funds in the Dynamic Bond Fund category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 4.00%; this fund delivered 5.14%.

The worst peak-to-trough decline HDFC High Interest Fund-Growth Option has experienced over the last 5-year window is 2.77% — its NAV fell from a high on 28 May 2025 to a low on 26 Aug 2025. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, HDFC High Interest Fund-Growth Option averaged 7.21% (best 11.08%, worst 4.33%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.61 — negative risk-adjusted performance.

In calendar year 2025, HDFC High Interest Fund-Growth Option returned 4.74% — beating the Dynamic Bond Fund category average of 3.45% by 1.30 pp. It ranked #7 of 18 in its category that year.

HDFC High Interest Fund-Growth 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 High Interest Fund-Growth 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. Worst 5-year drawdown: 2.8%. 5-year CAGR: 5.14%.

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

HDFC High Interest Fund-Growth Option

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Dynamic Bond Fund

Recent NAVs

Frequently asked questions

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