Mutual Fund
Description:
HDFC Short Term Debt Fund is an open-ended short-term debt scheme that invests in instruments such that the Macaulay Duration of the portfolio is between 1 year and 3 years. The primary objective is to generate regular income through investments in debt securities and money market instruments.
Asset Class:
Debt
Asset Sub-Class:
Short Duration
Performance Metrics:
1-Year Return: 8.03%
3-Year Return: 6.66%
5-Year Return: 7.06%
Return Since Inception: 8.01% per annum
CAGR: 7.06% over the past 5 years
XIRR: Not explicitly available
Expense Ratio:
0.74%
Minimum Investment Amount:
Initial Investment: ₹100
Additional Investment: ₹100
SIP Investment: ₹100
Lock-in Period:
None
Exit Load:
Nil
Asset Allocation:
Debt Instruments: Approximately 96.12%
Government Securities: 22.46%
Low-Risk Securities: 73.66%
Fund Manager:
Anil Bamboli: Managing the fund with extensive experience in fund management and research.
Please note that mutual fund investments are subject to market risks. It is advisable to read all scheme-related documents carefully before investing.