Should I invest in HDFC Short Term Debt Fund - Fortnightly IDCW Option?

We don't give personal investment advice. HDFC Short Term Debt Fund - Fortnightly IDCW 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: 1.6%. 5-year CAGR: -0.01%.

HDFC

HDFC Short Term Debt Fund - Fortnightly IDCW Option

Latest NAV

₹10.1985

As of

3 Jun 2026

3,848 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	+0.05%	+0.01%	+0.04	18 / 39	Q2
1W	+0.24%	+15.04%	-14.80	16 / 40	Q2
2W	+0.36%	+15.09%	-14.73	11 / 40	Q2
1M	+0.08%	+16.91%	-16.83	33 / 40	Q4
3M	-0.13%	+17.18%	-17.30	34 / 40	Q4
6M	-0.09%	+18.01%	-18.10	33 / 40	Q4
YTD	-0.08%	+17.67%	-17.75	34 / 40	Q4
1Y	-0.17%	+19.37%	-19.54	31 / 40	Q4
2Y	-0.08%	+8.20%	-8.28	34 / 40	Q4
3Y	-0.05%	+5.69%	-5.74	34 / 40	Q4
4Y	+0.14%	+4.90%	-4.76	34 / 39	Q4
5Y	-0.01%	+4.10%	-4.11	35 / 38	Q4
7Y	-0.07%	+2.87%	-2.94	34 / 37	Q4
10Y	+0.08%	+4.95%	-4.87	23 / 27	Q4
Inception	+0.12%	+1.92%	-1.80	37 / 40	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	-0.08%	+0.39%	-0.47	19 / 21
2025	-0.07%	+34.44%	-34.52	23 / 25
2024	+0.00%	+3.79%	-3.78	19 / 25
2023	-0.05%	+4.24%	-4.29	24 / 25
2022	+0.12%	+2.62%	-2.50	20 / 26
2021	-1.41%	+3.74%	-5.16	23 / 26
2020	+0.83%	+3.74%	-2.91	17 / 30
2019	+0.17%	+2.23%	-2.05	16 / 30
2018	+0.04%	+2.73%	-2.69	23 / 30
2017	-0.20%	+2.37%	-2.57	31 / 37
2016	+1.09%	+5.27%	-4.18	24 / 37

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

+0.14%

183 windows

min -2.4% · max 2.4%

63% positive

3-Year rolling

+0.15%

158 windows

min -0.8% · max 0.9%

70% positive

5-Year rolling

+0.13%

134 windows

min -0.6% · max 0.7%

65% positive

7-Year rolling

+0.16%

110 windows

min -0.1% · max 0.7%

78% 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

0.77%

3-year · annualised

Sharpe ratio

-8.48

vs risk-free 6.5%

Sortino ratio

-11.95

Downside-only deviation

Max drawdown

-1.60%

Apr 2025 → May 2026

% positive months

52.8%

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 Short Duration Fund

Scheme	Fund house	NAV	As of
HDFC Short Term Debt Fund - Normal IDCW Option	HDFC	₹19.8678	3 Jun 2026
NIPPON INDIA SHORT DURATION FUND - IDCW Option	Nippon India	₹22.3820	3 Jun 2026
SBI SHORT HORIZON DEBT FUND-SHORT TERM FUND INSTTUTIONAL GROWTH	SBI	₹33.4345	3 Jun 2026
ICICI Prudential Short Term Plan - Div. Option	ICICI Prudential	₹12.0670	3 Jun 2026
Kotak Bond Short Term Plan-(Growth)	Kotak Mahindra	₹54.0814	3 Jun 2026
DSP BlackRock Short Term Fund-Dividend	DSP BlackRock	₹12.0819	3 Jun 2026
HSBC Short Duration Fund - Bonus	HSBC	₹27.5331	3 Jun 2026
UTI - Short Term Income Fund - Dividend Option	UTI	₹24.5675	3 Jun 2026
IDFC - SSIF - Short Term - Plan A - Fortnightly Dividend	IDFC	₹10.4111	3 Jun 2026
Reliance Short Term Fund-Dividend Re-investment Plan	Reliance	₹11.5088	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹10.1985
2 Jun 2026	₹10.1999
1 Jun 2026	₹10.1945
29 May 2026	₹10.1895
27 May 2026	₹10.1809
26 May 2026	₹10.1756
25 May 2026	₹10.1735
22 May 2026	₹10.1573
21 May 2026	₹10.1489
20 May 2026	₹10.1593

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 Short Term Debt Fund - Fortnightly IDCW Option is ₹10.1985. It's a Short Duration Fund from HDFC, run as a Unknown plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

HDFC Short Term Debt Fund - Fortnightly IDCW Option has NAV history starting from 25 Jun 2010, a track record of about 15 years 11 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 Short Term Debt Fund - Fortnightly IDCW Option is managed by HDFC. It's classified by AMFI under the 'Short Duration Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, HDFC Short Term Debt Fund - Fortnightly IDCW Option has delivered a absolute return of -0.17% — -19.54 pp behind the Short Duration Fund category average of 19.37%. The fund ranks #31 of 40 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, HDFC Short Term Debt Fund - Fortnightly IDCW Option has delivered a CAGR of -0.05% — -5.74 pp behind the Short Duration Fund category average of 5.69%. The fund ranks #34 of 40 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, HDFC Short Term Debt Fund - Fortnightly IDCW Option has delivered a CAGR of -0.01% — -4.11 pp behind the Short Duration Fund category average of 4.10%. The fund ranks #35 of 38 in its category — the bottom (Q4) quartile.

₹1 lakh invested in HDFC Short Term Debt Fund - Fortnightly IDCW Option exactly 10 years ago would be worth approximately ₹100,785 today — a multiplier of 1.01×, based on the 10-year CAGR of 0.08%. The category average over the same window would have grown ₹1 lakh to ₹162,129.

A ₹10,000 monthly SIP in HDFC Short Term Debt Fund - Fortnightly IDCW Option over the last 5 years — total invested ₹600,000 — would be worth ₹599,451 today. That's an XIRR (money-weighted annualised return) of -0.04%.

A ₹10,000 monthly SIP for 10 years in HDFC Short Term Debt Fund - Fortnightly IDCW Option = ₹1,200,000 invested. It would currently be worth ₹1,196,673 (multiplier 1.00×). XIRR: -0.06%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, HDFC Short Term Debt Fund - Fortnightly IDCW Option ranks #35 out of 38 funds in the Short Duration Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 4.10%; this fund delivered -0.01%.

The worst peak-to-trough decline HDFC Short Term Debt Fund - Fortnightly IDCW Option has experienced over the last 5-year window is 1.60% — its NAV fell from a high on 11 Apr 2025 to a low on 21 May 2026. 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 Short Term Debt Fund - Fortnightly IDCW Option averaged 0.13% (best 0.70%, worst -0.58%). 65% of rolling windows ended positive. The 5-year Sharpe ratio is -8.41 — negative risk-adjusted performance.

In calendar year 2025, HDFC Short Term Debt Fund - Fortnightly IDCW Option returned -0.07% — lagging the Short Duration Fund category average of 34.44% by 34.52 pp. It ranked #23 of 25 in its category that year.

HDFC Short Term Debt Fund - Fortnightly IDCW 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 Short Term Debt Fund - Fortnightly IDCW 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: 1.6%. 5-year CAGR: -0.01%.

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