HDFC Medium Term Debt Fund Direct Growth

Fund Overview

Fund Size

₹3,614 Cr

Expense Ratio

0.70%

ISIN

INF179K01WI9

Minimum SIP

₹100

Exit Load

No Charges

Inception Date

01 Jan 2013

About this fund

HDFC Medium Term Debt Fund Direct Growth is a Medium Duration mutual fund schemes offered by HDFC Mutual Fund. This fund has been in existence for 13 years, 7 months and 27 days, having been launched on 01-Jan-13.
As of 27-Aug-26, it has a Net Asset Value (NAV) of ₹65.94, Assets Under Management (AUM) of 3613.91 Crores, and an expense ratio of 0.7%.

HDFC Medium Term Debt Fund Direct Growth has given a CAGR return of 8.13% since inception.
The fund's asset allocation comprises around 3.20% in equities, 92.32% in debts, and 2.89% in cash & cash equivalents.
You can start investing in HDFC Medium Term Debt Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+7.30%

+5.90% (Cat Avg.)

3 Years

+8.01%

+7.48% (Cat Avg.)

5 Years

+6.87%

+6.63% (Cat Avg.)

10 Years

+7.60%

+6.08% (Cat Avg.)

Since Inception

+8.13%

— (Cat Avg.)

Portfolio Summaryas of 15th August 2026

Equity	₹115.58 Cr	3.20%
Debt	₹3,336.2 Cr	92.32%
Others	₹162.13 Cr	4.49%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
7.18% Govt Stock 2037	Bond - Gov't/Treasury	₹185.72 Cr	5.15%
SIDDHIVINAYAK SECURITISATION TRUST	Bond - Asset Backed	₹174.12 Cr	4.83%
GMR Airports Limited	Bond - Corporate Bond	₹158.33 Cr	4.39%
Jubilant Beverages Limited	Bond - Corporate Bond	₹119.67 Cr	3.32%
7.23% Govt Stock 2039	Bond - Gov't/Treasury	₹108.3 Cr	3.01%
6.68% Govt Stock 2040	Bond - Gov't/Treasury	₹107.77 Cr	2.99%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹100.99 Cr	2.80%
Kalpataru Projects International Limited	Bond - Corporate Bond	₹100.12 Cr	2.78%
SK Finance Limited	Bond - Corporate Bond	₹100.1 Cr	2.78%
Sbfc Finance Limited	Bond - Corporate Bond	₹99.44 Cr	2.76%
SHIVSHAKTI SECURITISATION TRUST	Bond - Asset Backed	₹98.97 Cr	2.75%
Kosamattam Finance Limited	Bond - Corporate Bond	₹98.64 Cr	2.74%
Mas Financial Services Limited	Bond - Corporate Bond	₹95.78 Cr	2.66%
Jtpm Metal TRaders Limited	Bond - Corporate Bond	₹81.08 Cr	2.25%
Triumph Composites Private Limited	Bond - Corporate Bond	₹80.89 Cr	2.24%
Power Finance Corporation Limited	Bond - Corporate Bond	₹75.34 Cr	2.09%
Motilal Oswal Home Finance Limited	Bond - Corporate Bond	₹75.32 Cr	2.09%
Evonith Value Steel Limited	Bond - Corporate Bond	₹75.19 Cr	2.09%
TRuhome Finance Limited	Bond - Corporate Bond	₹75.16 Cr	2.09%
Net Current Assets	Cash	₹70.52 Cr	1.96%
Bajaj Housing Finance Limited	Bond - Corporate Bond	₹70.22 Cr	1.95%
Pipeline Infrastructure Limited	Bond - Corporate Bond	₹60.53 Cr	1.68%
Aadhar Housing Finance Limited	Bond - Corporate Bond	₹59.94 Cr	1.66%
Aadharshila Infratech Private Limited	Bond - Corporate Bond	₹59.46 Cr	1.65%
The Tata Power Company Limited	Bond - Corporate Bond	₹52.01 Cr	1.44%
TATA Power Renewable Energy Limited	Bond - Corporate Bond	₹50.4 Cr	1.40%
Godrej Industries Limited	Bond - Corporate Bond	₹50.26 Cr	1.39%
JM Financial Home Loans Limited	Bond - Corporate Bond	₹50.1 Cr	1.39%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹50.07 Cr	1.39%
JSW Energy Limited	Bond - Corporate Bond	₹50.06 Cr	1.39%
Tmf Holdings Limited	Bond - Corporate Bond	₹50 Cr	1.39%
Aditya Birla Digital Fashion Ventures Limited	Bond - Corporate Bond	₹49.93 Cr	1.39%
7.3% Govt Stock 2053	Bond - Gov't/Treasury	₹49.64 Cr	1.38%
Rec Limited	Bond - Corporate Bond	₹49.59 Cr	1.38%
Tmf Holdings Limited	Bond - Corporate Bond	₹49.5 Cr	1.37%
Raajmarg Infra Investment Trust	Mutual Fund - Unspecified	₹44.92 Cr	1.25%
Embassy Office Parks REIT	Equity - REIT	₹36.4 Cr	1.01%
UNIVERSE TRUST DEC 2024	Bond - Asset Backed	₹35.08 Cr	0.97%
Treps - Tri-Party Repo	Cash - Repurchase Agreement	₹33.75 Cr	0.94%
Indus Infra Trust Unit	Equity	₹32.74 Cr	0.91%
VAJRA 009 TRUST	Bond - Asset Backed	₹30.55 Cr	0.85%
Bajaj Housing Finance Limited	Bond - Corporate Bond	₹29.93 Cr	0.83%
INDIGO 043	Bond - Asset Backed	₹28.02 Cr	0.78%
POWERGRID Infrastructure Investment Trust Units	Equity	₹26.73 Cr	0.74%
Indian Railway Finance Corporation Limited	Bond - Corporate Bond	₹25.43 Cr	0.71%
Indian Railway Finance Corporation Limited	Bond - Corporate Bond	₹25.39 Cr	0.70%
Tamil Nadu (Government of) 7.59%	Bond - Sub-sovereign Government Debt	₹25.18 Cr	0.70%
Ongc Petro Additions Limited	Bond - Corporate Bond	₹25.17 Cr	0.70%
Rec Limited	Bond - Corporate Bond	₹25.11 Cr	0.70%
Power Finance Corporation Limited	Bond - Corporate Bond	₹25.08 Cr	0.70%
Karnataka State Development Loans	Bond - Gov't/Treasury	₹25.06 Cr	0.70%
Aditya Birla Digital Fashion Ventures Limited	Bond - Corporate Bond	₹25.05 Cr	0.70%
JM Financial Home Loans Limited	Bond - Corporate Bond	₹25.04 Cr	0.69%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹24.85 Cr	0.69%
Jubilant Bevco Limited	Bond - Corporate Bond	₹22.39 Cr	0.62%
Vastu Finserve India Private Limited	Bond - Corporate Bond	₹19.58 Cr	0.54%
Vastu Finserve India Private Limited	Bond - Corporate Bond	₹19.47 Cr	0.54%
Capital Infra Trust InvITs	Equity	₹19.4 Cr	0.54%
7.34% Govt Stock 2064	Bond - Gov't/Treasury	₹14.77 Cr	0.41%
7.25% Govt Stock 2063	Bond - Gov't/Treasury	₹14.6 Cr	0.40%
Corporate Debt Market Development Fund	Mutual Fund - Unspecified	₹12.48 Cr	0.35%
Power Finance Corporation Limited	Bond - Corporate Bond	₹9.97 Cr	0.28%
Vastu Finserve India Private Limited	Bond - Corporate Bond	₹9.84 Cr	0.27%
Ntpc Limited	Bond - Corporate Bond	₹9.7 Cr	0.27%
7.09% Govt Stock 2054	Bond - Gov't/Treasury	₹9.67 Cr	0.27%
6.95% Govt Stock 2061	Bond - Gov't/Treasury	₹9.36 Cr	0.26%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹32.74 Cr	0.91%
Utilities	₹26.73 Cr	0.74%
Industrials	₹19.4 Cr	0.54%

Risk & Performance Ratios

Fund Managers

Anil Bamboli

Since March 2026

Praveen Jain

Since March 2026

Dhruv Muchhal

Since June 2023

Bhavyesh Divecha

Since March 2025

Additional Scheme Detailsas of 15th August 2026

ISIN

INF179K01WI9

Expense Ratio

0.70%

Exit Load

No Charges

Fund Size

₹3,614 Cr

Age

13 years 7 months

Lumpsum Minimum

₹100

Fund Status

Open Ended Investment Company

Benchmark

Nifty Medium Duration Debt TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Medium Duration Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Bandhan Bond Fund - Medium Term Plan Direct Growth Moderate Risk	0.6%	0.0%	₹1260.95 Cr	6.6%
HSBC Medium Duration Regular Growth Moderately High risk	1.1%	0.0%	₹686.84 Cr	5.7%
HSBC Medium Duration Direct Growth Moderately High risk	0.4%	0.0%	₹686.84 Cr	6.4%
Union Medium Duration Fund Regular Growth Moderate Risk	0.9%	1.0%	₹80.25 Cr	7.9%
Union Medium Duration Fund Direct Growth Moderate Risk	0.6%	1.0%	₹80.25 Cr	8.2%
Kotak Medium Term Fund Direct Growth Moderately High risk	0.7%	0.0%	₹1915.30 Cr	8.2%
Kotak Medium Term Fund Regular Growth Moderately High risk	1.6%	0.0%	₹1915.30 Cr	7.1%
ICICI Prudential Medium Term Bond Fund Direct Growth Moderately High risk	0.7%	1.0%	₹5481.03 Cr	8.4%
Axis Nifty AAA Bond Plus SDL Apr 2026 50:50 ETF Low Risk	0.3%	-	₹1008.70 Cr	6.1%
Axis Strategic Bond Fund Direct Growth Moderately High risk	0.7%	0.0%	₹2097.93 Cr	7.5%
HDFC Medium Term Debt Fund Direct Growth Moderately High risk	0.7%	0.0%	₹3613.91 Cr	7.3%
Aditya Birla Sun Life Medium Term Plan Direct Growth Moderately High risk	0.7%	1.0%	₹3280.19 Cr	9.7%
SBI Magnum Medium Duration Fund Direct Growth Moderately High risk	0.7%	1.0%	₹6498.19 Cr	7.5%
Sundaram Medium Term Bond Fund Direct Growth Moderate Risk	1.0%	1.0%	₹33.50 Cr	4.7%
DSP Bond Fund Direct Growth Moderately High risk	0.4%	0.0%	₹254.33 Cr	5.7%
UTI Medium Term Fund Direct Growth Moderate Risk	0.8%	1.0%	₹36.75 Cr	5.9%
UTI Medium Term Fund Regular Growth Moderate Risk	1.5%	1.0%	₹36.75 Cr	5.2%
Nippon India ETF Nifty CPSE Bond Plus SDL Sep 2024 50:50 Low Risk	0.2%	-	₹1373.31 Cr	7.2%
BHARAT Bond ETF April 2025 Low to Moderate Risk	0.0%	-	₹9835.68 Cr	7.6%
Nippon India Strategic Debt Fund Direct Growth Moderate Risk	0.4%	1.0%	₹149.90 Cr	6.8%
Nippon India Strategic Debt Fund Regular Growth Moderate Risk	0.9%	1.0%	₹149.90 Cr	6.2%
Aditya Birla Sun Life Medium Term Plan Regular Growth Moderately High risk	1.3%	1.0%	₹3280.19 Cr	8.9%
DSP Bond Fund Regular Growth Moderately High risk	0.8%	0.0%	₹254.33 Cr	5.3%
SBI Magnum Medium Duration Fund Regular Growth Moderately High risk	1.2%	1.0%	₹6498.19 Cr	6.9%
Sundaram Medium Term Bond Fund Regular Growth Moderate Risk	1.6%	1.0%	₹33.50 Cr	3.8%
ICICI Prudential Medium Term Bond Fund Regular Growth Moderately High risk	1.4%	1.0%	₹5481.03 Cr	7.7%
Bandhan Bond Fund - Medium Term Plan Regular Growth Moderate Risk	1.1%	0.0%	₹1260.95 Cr	5.8%
HDFC Medium Term Debt Fund Regular Growth Moderately High risk	1.3%	0.0%	₹3613.91 Cr	6.6%
Baroda BNP Paribas Medium Duration Fund Direct Growth Moderate Risk	0.7%	1.0%	₹28.33 Cr	7.7%
Baroda BNP Paribas Medium Duration Fund Regular Growth Moderate Risk	1.0%	1.0%	₹28.33 Cr	7.4%
Invesco India Medium Duration Fund Regular Growth Moderate Risk	1.0%	0.0%	₹164.64 Cr	5.0%
Invesco India Medium Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹164.64 Cr	5.9%
Axis Strategic Bond Fund Regular Growth Moderately High risk	1.3%	0.0%	₹2097.93 Cr	6.8%
Kotak Nifty AAA Bond Plus SDL Apr 2026 70:30 ETF Moderate Risk	-	-	-	-

About the AMC

HDFC Mutual Fund

+91 22 66316333

https://www.hdfcfund.com/

Total AUM

₹9,05,013 Cr

Address

“HUL House”, 2nd Floor, Mumbai, 400 020

Other Funds by HDFC Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
HDFC Nifty Metal ETF FOF Direct Growth Very High Risk	-	-	-	-
HDFC Nifty Auto Index Fund Direct Growth Very High Risk	0.3%	0.0%	-	-
HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹838.62 Cr	-
HDFC Income Plus Arbitrage Omni FOF Direct Growth Moderately High risk	0.1%	1.0%	₹27.66 Cr	-
HDFC Nifty India Consumption Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹125.24 Cr	-
HDFC BSE India Sector Leaders Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹183.98 Cr	-
HDFC Diversified Equity All Cap Active FOF Direct Growth Very High Risk	0.3%	1.0%	₹2664.74 Cr	-
HDFC Innovation Fund Direct Growth Very High Risk	0.9%	1.0%	₹2970.44 Cr	21.0%
HDFC CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹2238.78 Cr	7.1%
HDFC Nifty Top 20 Equal Weight Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹94.46 Cr	-1.7%
HDFC Nifty100 Quality 30 Index Fund Direct Growth Very High Risk	0.5%	0.0%	₹144.49 Cr	2.0%
HDFC Nifty India Digital Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹153.72 Cr	-2.8%
HDFC Nifty LargeMidcap 250 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹458.68 Cr	6.1%
HDFC Nifty500 Multicap 50:25:25 Index Fund Regular Growth Very High Risk	0.3%	0.0%	₹498.73 Cr	5.8%
HDFC NIFTY100 Low Volatility 30 Index Fund Direct Growth Very High Risk	0.5%	0.0%	₹227.13 Cr	-0.4%
HDFC Manufacturing Fund Direct Growth Very High Risk	0.9%	1.0%	₹10590.14 Cr	13.1%
HDFC NIFTY Realty Index Fund Direct Growth Very High Risk	0.5%	0.0%	₹145.60 Cr	1.5%
HDFC NIFTY200 Momentum 30 Index Fund Direct Growth Very High Risk	1.1%	0.0%	₹608.83 Cr	4.4%
HDFC Pharma and Healthcare Fund Direct Growth Very High Risk	1.1%	1.0%	₹2939.98 Cr	27.6%
HDFC Technology Fund Direct Growth Very High Risk	1.1%	1.0%	₹1483.21 Cr	-11.1%
HDFC Fixed Maturity Plan 1162 Days March 2022 Series 46 Direct Growth Low Risk	-	0.0%	₹30.78 Cr	7.2%
HDFC FMP 1204D December 2022 (47) Direct Growth Low Risk	-	-	₹51.24 Cr	6.1%
HDFC Fixed Maturity Plans 1269 Days March 2023 Series 47 Direct Growth Low Risk	-	0.0%	₹76.38 Cr	5.7%
HDFC Fixed Maturity Plans 1359 Days September 2022 Series 46 Direct Growth Low Risk	-	0.0%	₹316.54 Cr	5.6%
HDFC Fixed Maturity Plan 1406 Days August 2022 Series 46 Direct Growth Low Risk	-	0.0%	₹246.30 Cr	5.7%
HDFC Fixed Maturity Plans 1113 Days March 2019 Series 44 Plan 1 Direct Growth Moderate Risk	-	0.0%	-	-
HDFC Fixed Maturity Plan 1876 Days Series 46 Direct Growth Low to Moderate Risk	-	0.0%	₹35.27 Cr	6.2%
HDFC Fixed Maturity Plans Series 46 1158D July 2022 Direct Growth Low Risk	-	0.0%	₹161.40 Cr	6.6%
HDFC Fixed Maturity Plan 1861 Days Series 46 Direct Growth Low to Moderate Risk	-	0.0%	₹504.60 Cr	6.2%
HDFC FMP 2638D February 2023 (47) Direct Growth Moderate Risk	-	0.0%	₹151.02 Cr	6.5%
HDFC Fixed Maturity Plans 1127 Days April 2019 Series 44 Plan 1 Direct Growth Moderate Risk	-	-	-	-
HDFC Balanced Advantage Fund Direct Growth Very High Risk	0.8%	1.0%	₹107765.65 Cr	3.2%
HDFC Hybrid Equity Fund Direct Growth Very High Risk	1.1%	1.0%	₹22520.80 Cr	-1.4%
HDFC Dynamic PE Ratio Fund of Funds Plan A Direct Growth Moderate Risk	0.1%	0.0%	₹2597.29 Cr	5.9%
HDFC Small Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹41679.00 Cr	0.5%
HDFC Housing Opportunities Fund Direct Growth Very High Risk	1.4%	1.0%	₹1172.96 Cr	-0.9%
HDFC Large and Mid Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹30098.86 Cr	5.9%
HDFC Nifty G-Sec July 2031 Index Fund Direct Growth Moderate Risk	0.2%	0.0%	₹637.63 Cr	6.7%
HDFC Nifty G-sec Dec 2026 Index Fund Direct Growth Low Risk	0.2%	0.0%	₹940.01 Cr	5.6%
HDFC Business Cycle Fund Direct Growth Very High Risk	1.1%	1.0%	₹2738.86 Cr	6.3%
HDFC NIFTY Smallcap 250 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹728.23 Cr	10.2%
HDFC Credit Risk Debt Fund Direct Growth High Risk	1.0%	1.0%	₹7665.67 Cr	7.9%
HDFC Nifty SDL Oct 2026 Index Fund Direct Growth Low Risk	0.2%	0.0%	₹179.91 Cr	5.8%
HDFC Banking and PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹5209.06 Cr	5.6%
HDFC Banking & Financial Services Fund Direct Growth Very High Risk	0.9%	1.0%	₹4630.40 Cr	10.6%
HDFC Non-Cyclical Consumer Fund Direct Growth Very High Risk	1.3%	1.0%	₹1032.73 Cr	-4.0%
HDFC Asset Allocator Fund of Funds Direct Growth Very High Risk	0.1%	1.0%	₹6096.36 Cr	10.1%
HDFC Gold Fund Direct Growth High Risk	0.2%	1.0%	₹11197.05 Cr	55.4%
HDFC Gilt Fund Direct Growth Moderate Risk	0.5%	0.0%	₹2029.47 Cr	5.7%
HDFC Dynamic Debt Fund Direct Growth Moderately High risk	0.7%	0.0%	₹524.64 Cr	6.7%

Risk Level

Your principal amount will be at Moderately High risk

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Still got questions?
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What is the current NAV of HDFC Medium Term Debt Fund Direct Growth?

The NAV of HDFC Medium Term Debt Fund Direct Growth, as of 27-Aug-2026, is ₹65.94.

What are the returns of HDFC Medium Term Debt Fund Direct Growth?

The fund has generated 7.30% over the last 1 year and 8.01% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of HDFC Medium Term Debt Fund Direct Growth?

The fund's allocation of assets is distributed as 3.20% in equities, 92.32% in bonds, and 2.89% in cash and cash equivalents.

Who manages the HDFC Medium Term Debt Fund Direct Growth?

The fund managers responsible for HDFC Medium Term Debt Fund Direct Growth are:-

Anil Bamboli
Praveen Jain
Dhruv Muchhal
Bhavyesh Divecha

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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HDFC Medium Term Debt Fund Direct Growth

Fund Overview