Should I invest in HDFC Medium Term Debt Fund?

We don't give personal investment advice. HDFC Medium Term Debt 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: 1.9%. 5-year CAGR: 6.94%.

HDFC

HDFC Medium Term Debt Fund - Growth Option - Direct Plan

Latest NAV

₹65.5502

As of

17 Jul 2026

3,270 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%	+0.01%	+0.02	5 / 15	Q2
1W	-0.04%	-0.06%	+0.02	6 / 15	Q2
2W	0.00%	-0.05%	+0.05	7 / 15	Q2
1M	+0.99%	+0.85%	+0.14	5 / 15	Q2
3M	+2.23%	+2.18%	+0.06	7 / 15	Q2
6M	+3.93%	+3.55%	+0.37	6 / 15	Q2
YTD	+3.80%	+4.22%	-0.42	8 / 15	Q3
1Y	+6.52%	+6.64%	-0.12	6 / 15	Q2
2Y	+8.11%	+7.85%	+0.27	6 / 15	Q2
3Y	+7.95%	+7.80%	+0.14	6 / 15	Q2
4Y	+7.92%	+7.45%	+0.47	6 / 14	Q2
5Y	+6.94%	+6.93%	+0.01	6 / 14	Q2
7Y	+7.47%	+6.86%	+0.61	7 / 13	Q3
10Y	+7.71%	+7.19%	+0.53	6 / 11	Q3
Inception	+8.15%	+7.72%	+0.43	7 / 14	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	+3.80%	+3.68%	+0.12	7 / 13
2025	+8.38%	+8.63%	-0.25	7 / 13
2024	+8.76%	+8.87%	-0.11	6 / 13
2023	+7.48%	+7.37%	+0.11	7 / 13
2022	+3.60%	+4.89%	-1.29	6 / 13
2021	+5.80%	+6.93%	-1.13	8 / 13
2020	+10.79%	+6.04%	+4.76	6 / 13
2019	+10.03%	+5.23%	+4.80	2 / 13
2018	+6.36%	+6.32%	+0.04	5 / 13
2017	+5.92%	+6.95%	-1.03	9 / 13
2016	+11.88%	+11.98%	-0.09	7 / 13

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

+8.24%

153 windows

min 2.5% · max 13.2%

100% positive

3-Year rolling

+8.07%

129 windows

min 5.5% · max 11.0%

100% positive

5-Year rolling

+7.97%

105 windows

min 6.6% · max 9.4%

100% positive

7-Year rolling

+8.06%

80 windows

min 7.0% · 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

1.46%

3-year · annualised

Sharpe ratio

0.83

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.61%

Mar 2026 → Apr 2026

% positive months

97.2%

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 Duration Fund

Scheme	Fund house	NAV	As of
Nippon India Medium Duration Fund - Direct Plan - Growth Option	Nippon India	₹18.2760	17 Jul 2026
SBI MEDIUM DURATION FUND - DIRECT PLAN - GROWTH	SBI	₹59.2317	17 Jul 2026
ICICI Prudential Medium Term Bond Fund - Direct Plan - Growth	ICICI Prudential	₹53.3838	17 Jul 2026
Invesco India Medium Duration Fund - Direct Plan - Growth	Invesco	₹1,354.3901	17 Jul 2026
Bandhan Medium Duration Fund - Direct Plan - Growth	Bandhan	₹53.0359	17 Jul 2026
Aditya Birla Sun Life Medium Term Plan - Growth - Direct Plan	Aditya Birla Sun Life	₹47.7248	17 Jul 2026
Kotak Medium Term Fund - Direct Growth	Kotak	₹27.3953	17 Jul 2026
DSP Bond Fund - Direct Plan - Growth	DSP	₹92.1806	17 Jul 2026
HSBC Medium Duration Fund - Direct Growth	HSBC	₹23.8013	17 Jul 2026
UTI - Medium Term Fund (Segregated - 06032020) - Direct Plan - Growth Option	UTI	₹0.0000	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹65.5502
16 Jul 2026	₹65.5318
15 Jul 2026	₹65.4714
14 Jul 2026	₹65.4402
13 Jul 2026	₹65.5759
10 Jul 2026	₹65.5757
9 Jul 2026	₹65.4791
8 Jul 2026	₹65.4543
7 Jul 2026	₹65.5957
6 Jul 2026	₹65.6081

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 Medium Term Debt Fund - Growth Option - Direct Plan is ₹65.5502. It's a Medium Duration Fund from HDFC, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

HDFC Medium Term Debt Fund - Growth Option - Direct Plan has NAV history starting from 01 Jan 2013, a track record of about 13 years 6 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 Medium Term Debt Fund - Growth Option - Direct Plan is managed by HDFC. It's classified by AMFI under the 'Medium Duration Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, HDFC Medium Term Debt Fund - Growth Option - Direct Plan has delivered a absolute return of 6.52% — -0.12 pp behind the Medium Duration Fund category average of 6.64%. The fund ranks #6 of 15 in its category — the second (Q2) quartile.

Over the trailing 3-year window, HDFC Medium Term Debt Fund - Growth Option - Direct Plan has delivered a CAGR of 7.95% — +0.14 pp ahead of the Medium Duration Fund category average of 7.80%. The fund ranks #6 of 15 in its category — the second (Q2) quartile.

Over the trailing 5-year window, HDFC Medium Term Debt Fund - Growth Option - Direct Plan has delivered a CAGR of 6.94% — +0.01 pp ahead of the Medium Duration Fund category average of 6.93%. The fund ranks #6 of 14 in its category — the second (Q2) quartile.

₹1 lakh invested in HDFC Medium Term Debt Fund - Growth Option - Direct Plan exactly 10 years ago would be worth approximately ₹210,208 today — a multiplier of 2.10×, based on the 10-year CAGR of 7.71%. The category average over the same window would have grown ₹1 lakh to ₹200,167.

A ₹10,000 monthly SIP in HDFC Medium Term Debt Fund - Growth Option - Direct Plan over the last 5 years — total invested ₹600,000 — would be worth ₹727,894 today. That's an XIRR (money-weighted annualised return) of 7.66%.

A ₹10,000 monthly SIP for 10 years in HDFC Medium Term Debt Fund - Growth Option - Direct Plan = ₹1,200,000 invested. It would currently be worth ₹1,770,923 (multiplier 1.48×). XIRR: 7.55%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, HDFC Medium Term Debt Fund - Growth Option - Direct Plan ranks #6 out of 14 funds in the Medium Duration Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 6.93%; this fund delivered 6.94%.

The worst peak-to-trough decline HDFC Medium Term Debt Fund - Growth Option - Direct Plan has experienced over the last 5-year window is 1.92% — its NAV fell from a high on 07 Apr 2022 to a low on 06 May 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 Medium Term Debt Fund - Growth Option - Direct Plan averaged 7.97% (best 9.42%, worst 6.62%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.15 — weak risk-adjusted performance.

In calendar year 2025, HDFC Medium Term Debt Fund - Growth Option - Direct Plan returned 8.38% — lagging the Medium Duration Fund category average of 8.63% by 0.25 pp. It ranked #7 of 13 in its category that year.

HDFC Medium Term Debt 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 Medium Term Debt 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: 1.9%. 5-year CAGR: 6.94%.

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

HDFC Medium Term Debt 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 Duration Fund

Recent NAVs

Frequently asked questions

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