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

We don't give personal investment advice. HDFC Short Term Debt Fund - Normal 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: 7.2%. 5-year CAGR: 3.72%.

HDFC

HDFC Short Term Debt Fund - Normal IDCW Option

Latest NAV

₹20.2169

As of

17 Jul 2026

2,794 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	8 / 39	Q1
1W	-0.03%	+14.90%	-14.93	28 / 40	Q3
2W	-0.12%	+14.87%	-14.99	29 / 40	Q3
1M	+0.68%	+16.97%	-16.29	12 / 40	Q2
3M	+1.83%	+17.77%	-15.94	9 / 40	Q1
6M	+3.21%	+18.69%	-15.48	15 / 40	Q2
YTD	+3.01%	+18.27%	-15.25	9 / 40	Q1
1Y	+5.43%	+19.84%	-14.41	12 / 40	Q2
2Y	+7.32%	+8.35%	-1.03	12 / 40	Q2
3Y	+4.72%	+5.83%	-1.11	22 / 40	Q3
4Y	+3.99%	+4.95%	-0.96	23 / 39	Q3
5Y	+3.72%	+4.18%	-0.45	23 / 38	Q3
7Y	+5.07%	+2.89%	+2.17	21 / 37	Q3
10Y	+5.87%	+4.96%	+0.91	12 / 27	Q2
Inception	+6.26%	+1.95%	+4.31	18 / 40	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	+3.01%	+1.52%	+1.49	2 / 21
2025	+7.81%	+34.44%	-26.63	8 / 25
2024	+8.25%	+3.79%	+4.46	1 / 25
2023	-0.54%	+4.24%	-4.78	25 / 25
2022	-1.44%	+2.62%	-4.07	26 / 26
2021	+3.83%	+3.74%	+0.08	10 / 26
2020	+10.89%	+3.74%	+7.15	1 / 30
2019	+9.70%	+2.23%	+7.47	1 / 30
2018	+6.88%	+2.73%	+4.15	2 / 30
2017	+6.47%	+2.37%	+4.10	2 / 37
2016	+9.25%	+5.27%	+3.98	13 / 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

+6.17%

129 windows

min -1.3% · max 11.8%

92% positive

3-Year rolling

+5.86%

105 windows

min 0.6% · max 9.1%

100% positive

5-Year rolling

+6.07%

81 windows

min 3.5% · max 8.8%

100% positive

7-Year rolling

+5.99%

56 windows

min 5.0% · max 7.9%

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

4.32%

3-year · annualised

Sharpe ratio

-0.41

vs risk-free 6.5%

Sortino ratio

-0.46

Downside-only deviation

Max drawdown

-7.20%

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 Option	HDFC	₹10.1971	17 Jul 2026
NIPPON INDIA SHORT DURATION FUND - IDCW Option	Nippon India	₹22.7873	17 Jul 2026
SBI SHORT HORIZON DEBT FUND-SHORT TERM FUND INSTTUTIONAL GROWTH	SBI	₹34.0048	17 Jul 2026
ICICI Prudential Short Term Plan - Div. Option	ICICI Prudential	₹12.0655	17 Jul 2026
Kotak Bond Short Term Plan-(Growth)	Kotak Mahindra	₹54.9923	17 Jul 2026
DSP BlackRock Short Term Fund-Dividend	DSP BlackRock	₹12.2975	17 Jul 2026
HSBC Short Duration Fund - Bonus	HSBC	₹28.0219	17 Jul 2026
UTI - Short Term Income Fund - Dividend Option	UTI	₹24.9629	17 Jul 2026
IDFC - SSIF - Short Term - Plan A - Fortnightly Dividend	IDFC	₹10.4169	17 Jul 2026
Reliance Short Term Fund-Dividend Re-investment Plan	Reliance	₹11.5433	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹20.2169
16 Jul 2026	₹20.2110
15 Jul 2026	₹20.1995
14 Jul 2026	₹20.1886
13 Jul 2026	₹20.2288
10 Jul 2026	₹20.2226
9 Jul 2026	₹20.2059
8 Jul 2026	₹20.1965
7 Jul 2026	₹20.2404
6 Jul 2026	₹20.2468

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 Option is ₹20.2169. 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 - Normal IDCW Option 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 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 - Normal IDCW Option has delivered a absolute return of 5.43% — -14.41 pp behind the Short Duration Fund category average of 19.84%. The fund ranks #12 of 40 in its category — the second (Q2) quartile.

Over the trailing 3-year window, HDFC Short Term Debt Fund - Normal IDCW Option has delivered a CAGR of 4.72% — -1.11 pp behind the Short Duration Fund category average of 5.83%. The fund ranks #22 of 40 in its category — the third (Q3) quartile.

Over the trailing 5-year window, HDFC Short Term Debt Fund - Normal IDCW Option has delivered a CAGR of 3.72% — -0.45 pp behind the Short Duration Fund category average of 4.18%. The fund ranks #23 of 38 in its category — the third (Q3) quartile.

₹1 lakh invested in HDFC Short Term Debt Fund - Normal IDCW Option exactly 10 years ago would be worth approximately ₹176,887 today — a multiplier of 1.77×, based on the 10-year CAGR of 5.87%. The category average over the same window would have grown ₹1 lakh to ₹162,199.

A ₹10,000 monthly SIP in HDFC Short Term Debt Fund - Normal IDCW Option over the last 5 years — total invested ₹600,000 — would be worth ₹677,993 today. That's an XIRR (money-weighted annualised return) of 4.83%.

A ₹10,000 monthly SIP for 10 years in HDFC Short Term Debt Fund - Normal IDCW Option = ₹1,200,000 invested. It would currently be worth ₹1,563,552 (multiplier 1.30×). XIRR: 5.17%. 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 Option ranks #23 out of 38 funds in the Short Duration Fund category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 4.18%; this fund delivered 3.72%.

The worst peak-to-trough decline HDFC Short Term Debt Fund - Normal IDCW Option has experienced over the last 5-year window is 7.20% — 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 Option averaged 6.07% (best 8.77%, worst 3.45%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.68 — negative risk-adjusted performance.

In calendar year 2025, HDFC Short Term Debt Fund - Normal IDCW Option returned 7.81% — lagging the Short Duration Fund category average of 34.44% by 26.63 pp. It ranked #8 of 25 in its category that year.

HDFC Short Term Debt Fund - Normal 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 - Normal 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: 7.2%. 5-year CAGR: 3.72%.

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 Option

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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