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

We don't give personal investment advice. HDFC Short Term Debt 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: 7.0%. 5-year CAGR: 4.15%.

HDFC

HDFC Short Term Debt Fund - Normal IDCW - Direct Plan

Latest NAV

₹20.8730

As of

17 Jul 2026

2,788 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	13 / 70	Q1
1W	-0.02%	+7.45%	-7.47	41 / 70	Q3
2W	-0.10%	+7.41%	-7.52	55 / 70	Q4
1M	+0.71%	+8.42%	-7.72	23 / 70	Q2
3M	+1.91%	+9.30%	-7.39	21 / 70	Q2
6M	+3.37%	+9.67%	-6.30	15 / 70	Q1
YTD	+3.18%	+9.57%	-6.39	14 / 70	Q1
1Y	+5.76%	+10.46%	-4.69	10 / 70	Q1
2Y	+7.67%	+6.36%	+1.30	9 / 69	Q1
3Y	+5.09%	+5.29%	-0.20	28 / 67	Q2
4Y	+4.40%	+5.04%	-0.64	25 / 59	Q2
5Y	+4.15%	+4.43%	-0.28	24 / 57	Q2
7Y	+5.49%	+3.79%	+1.70	19 / 50	Q2
10Y	+6.21%	+3.18%	+3.03	10 / 42	Q1
Inception	+6.56%	+3.29%	+3.27	18 / 69	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	+3.18%	+1.08%	+2.10	7 / 57
2025	+8.17%	+12.93%	-4.76	12 / 62
2024	+8.48%	+3.52%	+4.96	6 / 64
2023	+0.01%	+3.38%	-3.36	51 / 62
2022	-0.92%	+1.79%	-2.70	55 / 60
2021	+4.40%	+1.60%	+2.81	7 / 49
2020	+11.30%	+4.17%	+7.13	1 / 51
2019	+9.86%	+0.83%	+9.03	9 / 50
2018	+7.04%	+1.84%	+5.21	1 / 48
2017	+6.63%	+1.67%	+4.96	1 / 47
2016	+9.42%	+4.15%	+5.28	12 / 45

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

+6.49%

129 windows

min -0.8% · max 12.0%

95% positive

3-Year rolling

+6.20%

105 windows

min 1.2% · max 9.4%

100% positive

5-Year rolling

+6.42%

81 windows

min 3.9% · max 9.0%

100% positive

7-Year rolling

+6.35%

56 windows

min 5.4% · max 8.2%

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

4.23%

3-year · annualised

Sharpe ratio

-0.33

vs risk-free 6.5%

Sortino ratio

-0.38

Downside-only deviation

Max drawdown

-7.04%

Dec 2023 → Dec 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 Short Duration Fund

Scheme	Fund house	NAV	As of
HDFC Short Term Debt Fund - Fortnightly IDCW - Direct Plan	HDFC	₹10.3040	17 Jul 2026
NIPPON INDIA SHORT DURATION FUND - Direct Plan - IDCW Option	Nippon India	₹24.8850	17 Jul 2026
SBI Short Term Debt Fund - Direct Plan - Monthly Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹20.2356	17 Jul 2026
ICICI Prudential Short Term Fund - Direct Plan - Monthly IDCW	ICICI Prudential	₹12.6812	17 Jul 2026
Invesco India Short Duration Fund - Direct Plan - Daily IDCW (Reinvestment)	Invesco	₹1,021.8141	17 Jul 2026
Bandhan Short Duration Fund - Direct Plan - Annual IDCW	Bandhan	₹11.0863	17 Jul 2026
Aditya Birla Sun Life Short Term Fund - DIRECT - IDCW	Aditya Birla Sun Life	₹11.0543	17 Jul 2026
Franklin India Short term Income Plan- Retail Plan-Segregated Portfolio 3 (9.50% Yes Bank Ltd CO 23Dec21) - Direct Monthly - IDCW	Franklin India	₹0.0000	17 Jul 2026
Mirae Asset Short Duration Fund - Direct Plan - IDCW	Mirae Asset	₹17.6720	17 Jul 2026
Kotak Bond Short Term Plan - Direct - Standard Income Distribution cum capital withdrawal option	Kotak	₹16.1853	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹20.8730
16 Jul 2026	₹20.8668
15 Jul 2026	₹20.8547
14 Jul 2026	₹20.8433
13 Jul 2026	₹20.8845
10 Jul 2026	₹20.8776
9 Jul 2026	₹20.8602
8 Jul 2026	₹20.8503
7 Jul 2026	₹20.8955
6 Jul 2026	₹20.9018

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 Short Term Debt Fund - Normal IDCW - Direct Plan is ₹20.8730. It's a Short Duration Fund from HDFC, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

HDFC Short Term Debt 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 Short Term Debt Fund - Normal IDCW - Direct Plan 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 - Normal IDCW - Direct Plan has delivered a absolute return of 5.76% — -4.69 pp behind the Short Duration Fund category average of 10.46%. The fund ranks #10 of 70 in its category — the top (Q1) quartile.

Over the trailing 3-year window, HDFC Short Term Debt Fund - Normal IDCW - Direct Plan has delivered a CAGR of 5.09% — -0.2 pp behind the Short Duration Fund category average of 5.29%. The fund ranks #28 of 67 in its category — the second (Q2) quartile.

Over the trailing 5-year window, HDFC Short Term Debt Fund - Normal IDCW - Direct Plan has delivered a CAGR of 4.15% — -0.28 pp behind the Short Duration Fund category average of 4.43%. The fund ranks #24 of 57 in its category — the second (Q2) quartile.

₹1 lakh invested in HDFC Short Term Debt Fund - Normal IDCW - Direct Plan exactly 10 years ago would be worth approximately ₹182,730 today — a multiplier of 1.83×, based on the 10-year CAGR of 6.21%. The category average over the same window would have grown ₹1 lakh to ₹136,801.

A ₹10,000 monthly SIP in HDFC Short Term Debt Fund - Normal IDCW - Direct Plan over the last 5 years — total invested ₹600,000 — would be worth ₹684,508 today. That's an XIRR (money-weighted annualised return) of 5.21%.

A ₹10,000 monthly SIP for 10 years in HDFC Short Term Debt Fund - Normal IDCW - Direct Plan = ₹1,200,000 invested. It would currently be worth ₹1,595,855 (multiplier 1.33×). XIRR: 5.56%. 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 - Normal IDCW - Direct Plan ranks #24 out of 57 funds in the Short Duration Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 4.43%; this fund delivered 4.15%.

The worst peak-to-trough decline HDFC Short Term Debt Fund - Normal IDCW - Direct Plan has experienced over the last 5-year window is 7.04% — its NAV fell from a high on 26 Dec 2023 to a low on 27 Dec 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 Short Term Debt Fund - Normal IDCW - Direct Plan averaged 6.42% (best 8.95%, worst 3.89%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.59 — negative risk-adjusted performance.

In calendar year 2025, HDFC Short Term Debt Fund - Normal IDCW - Direct Plan returned 8.17% — lagging the Short Duration Fund category average of 12.93% by 4.76 pp. It ranked #12 of 62 in its category that year.

HDFC Short Term Debt 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 Short Term Debt 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: 7.0%. 5-year CAGR: 4.15%.

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

HDFC Short Term Debt 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 Short Duration Fund

Recent NAVs

Frequently asked questions

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