Should I invest in HDFC Medium Term Debt Fund?

We don't give personal investment advice. HDFC Medium Term Debt Fund - 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. Worst 5-year drawdown: 6.7%. 5-year CAGR: 4.54%.

HDFC

HDFC Medium Term Debt Fund - IDCW Option - Direct Plan

Latest NAV

₹21.9029

As of

17 Jul 2026

2,837 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%	+0.04	7 / 37	Q1
1W	-0.04%	-0.08%	+0.04	11 / 37	Q2
2W	0.00%	-0.03%	+0.03	17 / 37	Q2
1M	+0.99%	+0.49%	+0.50	8 / 37	Q1
3M	+2.23%	+1.52%	+0.71	11 / 37	Q2
6M	+3.93%	+1.61%	+2.31	5 / 37	Q1
YTD	+3.80%	+1.65%	+2.14	6 / 37	Q1
1Y	+6.52%	+2.57%	+3.96	4 / 37	Q1
2Y	+8.11%	+3.46%	+4.65	5 / 37	Q1
3Y	+5.60%	+3.33%	+2.27	14 / 37	Q2
4Y	+4.90%	+3.53%	+1.37	12 / 35	Q2
5Y	+4.54%	+3.21%	+1.33	15 / 35	Q2
7Y	+5.74%	+2.22%	+3.52	3 / 31	Q1
10Y	+6.49%	+2.19%	+4.30	2 / 28	Q1
Inception	+6.90%	+2.46%	+4.45	3 / 34	Q1

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%	+1.35%	+2.45	4 / 30
2025	+8.38%	+3.23%	+5.15	4 / 32
2024	+8.76%	+3.99%	+4.77	4 / 32
2023	+0.62%	+3.16%	-2.54	20 / 32
2022	-1.21%	+2.38%	-3.59	30 / 33
2021	+5.80%	+3.13%	+2.67	6 / 32
2020	+10.78%	-0.27%	+11.05	4 / 33
2019	+10.03%	+0.77%	+9.26	1 / 32
2018	+6.35%	+1.73%	+4.63	2 / 32
2017	+5.92%	+1.25%	+4.67	5 / 32
2016	+11.88%	+4.35%	+7.54	3 / 31

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

+6.85%

131 windows

min -2.1% · max 13.2%

95% positive

3-Year rolling

+6.37%

107 windows

min 1.6% · max 9.5%

100% positive

5-Year rolling

+6.57%

83 windows

min 4.2% · max 9.1%

100% positive

7-Year rolling

+6.51%

58 windows

min 5.2% · max 8.6%

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

4.18%

3-year · annualised

Sharpe ratio

-0.22

vs risk-free 6.5%

Sortino ratio

-0.26

Downside-only deviation

Max drawdown

-6.66%

Sep 2023 → Oct 2023

% positive months

94.4%

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
HDFC Medium Term Debt Fund - Fortnightly IDCW Opt - Direct Plan	HDFC	₹10.0961	17 Jul 2026
NIPPON INDIA MEDIUM DURATION FUND - SEGREGATED PORTFOLIO 2 - DIRECT Plan - IDCW Option	Nippon India	₹0.0000	17 Jul 2026
SBI Medium Duration Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹23.0244	17 Jul 2026
ICICI Prudential Medium Term Bond Fund - Direct Plan - Quarterly IDCW	ICICI Prudential	₹11.5797	17 Jul 2026
Invesco India Medium Duration Fund - Direct Plan - Discretionary IDCW (Payout/Reinvestment)	Invesco	₹1,354.2957	17 Jul 2026
Bandhan Medium Duration Fund - Direct Plan - Bi Monthly IDCW	Bandhan	₹10.8072	17 Jul 2026
Aditya Birla Sun Life Medium Term Plan - DIRECT - HALF YEARLY IDCW	Aditya Birla Sun Life	₹15.0384	17 Jul 2026
Kotak Medium Term Fund - Direct - Standard Income Distribution cum capital withdrawal option	Kotak	₹27.3978	17 Jul 2026
DSP Bond Fund - Direct Plan - IDCW	DSP	₹11.7835	17 Jul 2026
HSBC Medium Duration Fund - Direct Annual IDCW	HSBC	₹11.6635	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹21.9029
16 Jul 2026	₹21.8968
15 Jul 2026	₹21.8765
14 Jul 2026	₹21.8661
13 Jul 2026	₹21.9115
10 Jul 2026	₹21.9114
9 Jul 2026	₹21.8791
8 Jul 2026	₹21.8708
7 Jul 2026	₹21.9181
6 Jul 2026	₹21.9222

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 - IDCW Option - Direct Plan is ₹21.9029. It's a Medium Duration Fund from HDFC, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

HDFC Medium Term Debt Fund - IDCW Option - Direct Plan has NAV history starting from 22 Oct 2014, a track record of about 11 years 8 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 - IDCW 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 - IDCW Option - Direct Plan has delivered a absolute return of 6.52% — +3.96 pp ahead of the Medium Duration Fund category average of 2.57%. The fund ranks #4 of 37 in its category — the top (Q1) quartile.

Over the trailing 3-year window, HDFC Medium Term Debt Fund - IDCW Option - Direct Plan has delivered a CAGR of 5.60% — +2.27 pp ahead of the Medium Duration Fund category average of 3.33%. The fund ranks #14 of 37 in its category — the second (Q2) quartile.

Over the trailing 5-year window, HDFC Medium Term Debt Fund - IDCW Option - Direct Plan has delivered a CAGR of 4.54% — +1.33 pp ahead of the Medium Duration Fund category average of 3.21%. The fund ranks #15 of 35 in its category — the second (Q2) quartile.

₹1 lakh invested in HDFC Medium Term Debt Fund - IDCW Option - Direct Plan exactly 10 years ago would be worth approximately ₹187,606 today — a multiplier of 1.88×, based on the 10-year CAGR of 6.49%. The category average over the same window would have grown ₹1 lakh to ₹124,227.

A ₹10,000 monthly SIP in HDFC Medium Term Debt Fund - IDCW Option - Direct Plan over the last 5 years — total invested ₹600,000 — would be worth ₹696,012 today. That's an XIRR (money-weighted annualised return) of 5.87%.

A ₹10,000 monthly SIP for 10 years in HDFC Medium Term Debt Fund - IDCW Option - Direct Plan = ₹1,200,000 invested. It would currently be worth ₹1,626,939 (multiplier 1.36×). XIRR: 5.93%. 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 - IDCW Option - Direct Plan ranks #15 out of 35 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 3.21%; this fund delivered 4.54%.

The worst peak-to-trough decline HDFC Medium Term Debt Fund - IDCW Option - Direct Plan has experienced over the last 5-year window is 6.66% — its NAV fell from a high on 25 Sep 2023 to a low on 09 Oct 2023. 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 - IDCW Option - Direct Plan averaged 6.57% (best 9.08%, worst 4.22%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.47 — negative risk-adjusted performance.

In calendar year 2025, HDFC Medium Term Debt Fund - IDCW Option - Direct Plan returned 8.38% — beating the Medium Duration Fund category average of 3.23% by 5.15 pp. It ranked #4 of 32 in its category that year.

HDFC Medium Term Debt Fund - 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 Medium Term Debt Fund - 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. Worst 5-year drawdown: 6.7%. 5-year CAGR: 4.54%.

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

HDFC Medium Term Debt Fund - IDCW 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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