3 Year return

0
Launched on January 2023 (1 year)

Investment Details

₹100

Minimum SIP Amount

₹100

Minimum one time investment

Fund has no lock-in period

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Based on past performance of this fund

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Your Investment ₹3,00,000
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Risk Involved

scale

Your principal will be at

Moderately High Risk

Scheme Information

Asset Under Management

₹2941.04 Cr.

Expense Ratio

0.25% (inclusive of GST)

Exit Load

Nil

Ratings

ARQ Rating
0

Ratings by other agencies

0
0
0

Tax Implications

Withdrawal within 3 years

Tax based on your income tax bracket

Withdrawal after 3 years

20% tax after indexation (adjusting for inflation)

Fund Holdings

Holdings

HDFC Mutual Fund Managers

SM

Shobhit Mehrotra

Fund Manager since Nov 2014

View Details

Fund House Details

HDFC Mutual Fund

HDFC Mutual Fund Asset management company

AUM ₹617,677.76 Cr.
No. of Schemes 167
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by HDFC Mutual Fund

List of mutual fund schemes by AMC

About HDFC Long Duration Debt Fund Growth Direct Plan

The HDFC Long Duration Debt Fund Growth Direct Plan is a debt fund managed by HDFC Mutual Fund. It is a long-duration fund, which means that it invests in bonds with maturities of more than 7 years. The fund is open-ended, which means that it can issue and redeem units on a continuous basis. This makes it a more flexible investment option than closed-ended funds, which can only be redeemed on specific dates. The expense ratio of the fund is lower than the category average. This means that the fund charges lower fees, which can help boost your returns over the long term.

Investment Objectives of the Scheme

The investment objective of the fund revolves around delivering higher than the returns from short-term debt funds. The scheme makes investments mainly in government securities and corporate bonds with maturities of over 7 years in order to achieve the investment objectives.

Key Features of The Fund

5-year return NA
Expense Ratio 0.25%
Fund Manager Shobhit Mehrotra
Fund Size ₹2941.04 Cr
Risk Profile Moderately High

Is This Scheme Right for Me?

The HDFC Long Duration Debt Fund Growth Direct Plan is suitable for investors who want to earn higher returns than bank FDs over the long term, but who are also willing to accept some volatility in their returns due to interest rate fluctuations. This fund is not suitable for investors seeking returns by investing in the equity market. However, investors should carefully consider their risk tolerance and investment goals before investing in this fund.

AMC Contact Details

Name HDFC Mutual Fund
Launch Date July 2000
Addresss "HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai - 400020
Contact 1800 3010 67671800 419 7676
Email hello@hdfcfund.com
Website https://www.hdfcfund.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Take the Guessing out of Investing

Compounding in SIP can make it difficult to estimate the expected returns in a mutual fund. The process of guessing can be replaced with estimating as Angel One's free SIP calculator gives you the approximate amount to be expected. The SIP calculator online takes into consideration the principle of compounding and gives your return amount depending on variables such as years, SIP amount as well as the expected rate of return.

FAQs

What is today's NAV of HDFC Long Duration Debt Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of HDFC Long Duration Debt Fund Jun 14 2024 is 11.4075

What is the AUM of HDFC Long Duration Debt Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of HDFC Long Duration Debt Fund is 2941.04 crore.

What is the expense ratio of HDFC Long Duration Debt Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of HDFC Long Duration Debt Fund is 0.25%

What are the returns of HDFC Long Duration Debt Fund since inception?

The HDFC Long Duration Debt Fund was launched on Jan 06 2023. The fund has delivered a CAGR of 9.86 since inception.

What is the minimum SIP amount to invest in HDFC Long Duration Debt Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for HDFC Long Duration Debt Fund is 100.

How do I invest in HDFC Long Duration Debt Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in HDFC Long Duration Debt Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in HDFC Long Duration Debt Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in HDFC Long Duration Debt Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.