Should I invest in HDFC Income Fund - Normal IDCW?

We don't give personal investment advice. HDFC Income Fund - Normal IDCW - 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: 6.12%.

HDFC

HDFC Income Fund - Normal IDCW - Direct Plan

Latest NAV

₹21.3389

As of

17 Jul 2026

2,793 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	-0.10%	-6.86%	+6.77	670 / 1087	Q3
1W	-0.23%	-9.76%	+9.54	439 / 998	Q2
2W	-0.19%	-9.73%	+9.55	424 / 997	Q2
1M	+1.44%	-9.76%	+11.19	3 / 991	Q1
3M	+2.69%	-9.36%	+12.05	17 / 984	Q1
6M	+3.73%	-8.72%	+12.45	63 / 949	Q1
YTD	+3.28%	-8.84%	+12.11	72 / 949	Q1
1Y	+4.13%	-6.67%	+10.80	277 / 916	Q2
2Y	+6.68%	-2.45%	+9.13	208 / 867	Q1
3Y	+7.00%	-1.11%	+8.12	223 / 835	Q2
4Y	+7.48%	+2.90%	+4.58	28 / 143	Q1
5Y	+6.12%	+2.71%	+3.41	26 / 91	Q2
7Y	+6.28%	+2.61%	+3.67	12 / 54	Q1
10Y	+6.35%	+2.62%	+3.73	3 / 34	Q1
Inception	+6.76%	+0.47%	+6.29	305 / 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	+3.28%	+0.83%	+2.44	7 / 112
2025	+6.22%	+4.71%	+1.51	71 / 122
2024	+9.45%	+5.86%	+3.59	6 / 127
2023	+7.23%	+4.21%	+3.02	27 / 117
2022	+2.46%	-7.69%	+10.15	55 / 273
2021	+3.20%	-4.54%	+7.74	154 / 458
2020	+9.60%	+2.15%	+7.45	141 / 625
2019	+9.33%	+3.58%	+5.75	153 / 607
2018	+4.03%	+1.75%	+2.28	163 / 314
2017	+0.95%	+2.07%	-1.12	125 / 207
2016	+15.34%	+3.56%	+11.79	3 / 167

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

+6.83%

129 windows

min -1.1% · max 19.6%

95% positive

3-Year rolling

+6.38%

105 windows

min 4.0% · max 9.0%

100% positive

5-Year rolling

+6.38%

81 windows

min 4.6% · max 8.2%

100% positive

7-Year rolling

+6.36%

56 windows

min 4.7% · max 7.4%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

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

2.58%

3-year · annualised

Sharpe ratio

0.14

vs risk-free 6.5%

Sortino ratio

0.42

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 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	₹21.3389
16 Jul 2026	₹21.3597
15 Jul 2026	₹21.3366
14 Jul 2026	₹21.3125
13 Jul 2026	₹21.3774
10 Jul 2026	₹21.3873
9 Jul 2026	₹21.3508
8 Jul 2026	₹21.3297
7 Jul 2026	₹21.4050
6 Jul 2026	₹21.4118

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 Income Fund - Normal IDCW - Direct Plan is ₹21.3389. 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 Income Fund - Normal IDCW - Direct Plan has NAV history starting from 18 Dec 2014, a track record of about 11 years 7 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 - Normal IDCW - 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 - Normal IDCW - Direct Plan has delivered a absolute return of 4.13% — +10.8 pp ahead of the Medium to Long Duration Fund category average of -6.67%. The fund ranks #277 of 916 in its category — the second (Q2) quartile.

Over the trailing 3-year window, HDFC Income Fund - Normal IDCW - Direct Plan has delivered a CAGR of 7.00% — +8.12 pp ahead of the Medium to Long Duration Fund category average of -1.11%. The fund ranks #223 of 835 in its category — the second (Q2) quartile.

Over the trailing 5-year window, HDFC Income Fund - Normal IDCW - Direct Plan has delivered a CAGR of 6.12% — +3.41 pp ahead of the Medium to Long Duration Fund category average of 2.71%. The fund ranks #26 of 91 in its category — the second (Q2) quartile.

₹1 lakh invested in HDFC Income Fund - Normal IDCW - Direct Plan exactly 10 years ago would be worth approximately ₹185,074 today — a multiplier of 1.85×, based on the 10-year CAGR of 6.35%. The category average over the same window would have grown ₹1 lakh to ₹129,515.

A ₹10,000 monthly SIP in HDFC Income Fund - Normal IDCW - Direct Plan over the last 5 years — total invested ₹600,000 — would be worth ₹712,032 today. That's an XIRR (money-weighted annualised return) of 6.78%.

A ₹10,000 monthly SIP for 10 years in HDFC Income Fund - Normal IDCW - Direct Plan = ₹1,200,000 invested. It would currently be worth ₹1,665,949 (multiplier 1.39×). XIRR: 6.39%. 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 - Normal IDCW - Direct Plan ranks #26 out of 91 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 2.71%; this fund delivered 6.12%.

The worst peak-to-trough decline HDFC Income Fund - Normal IDCW - 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 - Normal IDCW - Direct Plan averaged 6.38% (best 8.24%, worst 4.57%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.20 — negative risk-adjusted performance.

In calendar year 2025, HDFC Income Fund - Normal IDCW - Direct Plan returned 6.22% — beating the Medium to Long Duration Fund category average of 4.71% by 1.51 pp. It ranked #71 of 122 in its category that year.

HDFC Income Fund - Normal IDCW - 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 - Normal IDCW - 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: 6.12%.

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

HDFC Income Fund - Normal IDCW - 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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