Should I invest in HDFC Income Fund?

We don't give personal investment advice. HDFC Income Fund - Growth 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. Worst 5-year drawdown: 2.6%. 5-year CAGR: 5.60%.

HDFC

HDFC Income Fund - Growth Option - Direct Plan

Latest NAV

₹65.6621

As of

3 Jun 2026

3,239 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%	-2.27%	+2.33	36 / 1079	Q1
1W	+0.21%	-2.66%	+2.87	38 / 945	Q1
2W	+0.63%	-2.62%	+3.25	16 / 930	Q1
1M	+0.27%	-2.43%	+2.70	701 / 924	Q4
3M	-0.11%	-1.42%	+1.31	845 / 916	Q4
6M	+0.89%	-0.05%	+0.95	794 / 876	Q4
YTD	+0.58%	-0.27%	+0.85	803 / 880	Q4
1Y	+1.01%	+3.14%	-2.14	798 / 835	Q4
2Y	+5.74%	+4.08%	+1.67	674 / 807	Q4
3Y	+6.20%	+4.43%	+1.77	688 / 800	Q4
4Y	+6.99%	+7.85%	-0.86	128 / 164	Q4
5Y	+5.60%	+7.36%	-1.76	58 / 77	Q4
7Y	+6.25%	+6.45%	-0.20	20 / 39	Q3
10Y	+6.39%	+6.61%	-0.22	12 / 21	Q3
Inception	+7.01%	+5.01%	+2.00	811 / 1079	Q4

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	+0.58%	+1.71%	-1.13	86 / 91
2025	+6.22%	+6.90%	-0.68	82 / 98
2024	+9.45%	+9.13%	+0.33	8 / 103
2023	+7.22%	+7.13%	+0.09	32 / 89
2022	+2.46%	-1.01%	+3.47	64 / 220
2021	+3.20%	-0.37%	+3.56	202 / 366
2020	+9.60%	+6.75%	+2.85	172 / 486
2019	+9.33%	+7.15%	+2.18	207 / 524
2018	+4.04%	+5.66%	-1.62	216 / 269
2017	+0.95%	+6.29%	-5.34	275 / 279
2016	+15.39%	+8.41%	+6.98	2 / 241

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

+7.36%

152 windows

min -1.7% · max 19.2%

97% positive

3-Year rolling

+7.19%

128 windows

min 3.5% · max 14.0%

100% positive

5-Year rolling

+6.80%

103 windows

min 4.6% · max 8.9%

100% positive

7-Year rolling

+6.96%

79 windows

min 5.0% · max 9.0%

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

2.98%

3-year · annualised

Sharpe ratio

-0.14

vs risk-free 6.5%

Sortino ratio

-0.30

Downside-only deviation

Max drawdown

-2.16%

Mar 2026 → Apr 2026

% 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 Medium to Long Duration Fund

Scheme	Fund house	NAV	As of
HDFC FMP 1269D March 2023 - Growth Option - Direct Plan	HDFC	₹12.5263	3 Jun 2026
Nippon India Fixed Maturity Plan - XLIII - Series 1- Direct Plan - Growth Option	Nippon India	₹13.3582	3 Jun 2026
SBI Fixed Maturity Plan (FMP) - Series 1 (3668 Days) - Direct Plan - Growth	SBI	₹17.3852	3 Jun 2026
ICICI Prudential Bond Fund - Direct Plan - Growth	ICICI Prudential	₹43.7788	3 Jun 2026
BANDHAN Fixed Term Plan Series 179 DIRECT PLAN-GROWTH (3652 days)	Bandhan	₹17.7320	3 Jun 2026
Aditya Birla Sun Life Fixed Term Plan - Series TI (1837 days) - Direct Plan - Growth Option	Aditya Birla Sun Life	₹13.5023	3 Jun 2026
Franklin India Medium to Long Duration Fund - Direct Growth	Franklin India	₹11.0072	3 Jun 2026
Kotak Bond Fund - Growth - Direct	Kotak	₹88.1692	3 Jun 2026
DSP FMP Series - 264 - 60M - 17D - Direct - Growth	DSP	₹13.2410	3 Jun 2026
HSBC Medium to Long Duration Fund - Direct Growth	HSBC	₹47.7483	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹65.6621
2 Jun 2026	₹65.7131
1 Jun 2026	₹65.6729
29 May 2026	₹65.6672
27 May 2026	₹65.6133
26 May 2026	₹65.5747
25 May 2026	₹65.5841
22 May 2026	₹65.3732
21 May 2026	₹65.3097
20 May 2026	₹65.3739

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 Income Fund - Growth Option - Direct Plan is ₹65.6621. It's a Medium to Long Duration Fund from HDFC, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

HDFC Income Fund - Growth Option - Direct Plan has NAV history starting from 01 Jan 2013, a track record of about 13 years 5 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

HDFC Income Fund - Growth 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 Income Fund - Growth Option - Direct Plan has delivered a absolute return of 1.01% — -2.14 pp behind the Medium to Long Duration Fund category average of 3.14%. The fund ranks #798 of 835 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, HDFC Income Fund - Growth Option - Direct Plan has delivered a CAGR of 6.20% — +1.77 pp ahead of the Medium to Long Duration Fund category average of 4.43%. The fund ranks #688 of 800 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, HDFC Income Fund - Growth Option - Direct Plan has delivered a CAGR of 5.60% — -1.76 pp behind the Medium to Long Duration Fund category average of 7.36%. The fund ranks #58 of 77 in its category — the bottom (Q4) quartile.

₹1 lakh invested in HDFC Income Fund - Growth Option - Direct Plan exactly 10 years ago would be worth approximately ₹185,854 today — a multiplier of 1.86×, based on the 10-year CAGR of 6.39%. The category average over the same window would have grown ₹1 lakh to ₹189,685.

A ₹10,000 monthly SIP in HDFC Income Fund - Growth Option - Direct Plan over the last 5 years — total invested ₹600,000 — would be worth ₹698,257 today. That's an XIRR (money-weighted annualised return) of 6.00%.

A ₹10,000 monthly SIP for 10 years in HDFC Income Fund - Growth Option - Direct Plan = ₹1,200,000 invested. It would currently be worth ₹1,634,303 (multiplier 1.36×). XIRR: 6.02%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, HDFC Income Fund - Growth Option - Direct Plan ranks #58 out of 77 funds in the Medium to Long Duration Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 7.36%; this fund delivered 5.60%.

The worst peak-to-trough decline HDFC Income Fund - Growth Option - Direct Plan has experienced over the last 5-year window is 2.61% — its NAV fell from a high on 14 Dec 2021 to a low on 17 Jun 2022. 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 Income Fund - Growth Option - Direct Plan averaged 6.80% (best 8.89%, worst 4.59%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.34 — negative risk-adjusted performance.

In calendar year 2025, HDFC Income Fund - Growth Option - Direct Plan returned 6.22% — lagging the Medium to Long Duration Fund category average of 6.90% by 0.68 pp. It ranked #82 of 98 in its category that year.

HDFC Income Fund - Growth 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 Income Fund - Growth 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. Worst 5-year drawdown: 2.6%. 5-year CAGR: 5.60%.

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

HDFC Income Fund - Growth Option - Direct Plan

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Medium to Long Duration Fund

Recent NAVs

Frequently asked questions

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