3 Year return

6.17%
Launched on January 2013 (11 years)

Investment Details

₹100

Minimum SIP Amount

₹100

Minimum one time investment

Fund has no lock-in period

Calculate Returns

Based on past performance of this fund

ENTER AMOUNT

Your Investment ₹3,00,000
Gain
  • Total Value

ENTER AMOUNT

Your Investment
Gain
  • Total Value

Risk Involved

Moderate Risk

Your principal will be at

Moderate Risk

Scheme Information

Asset Under Management

₹17516.3 Cr.

Expense Ratio

0.45% (inclusive of GST)

Exit Load

Nil

Ratings

ARQ Rating
4

Ratings by other agencies

4
3
4

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

AJ

Anupam Joshi

Fund Manager since Oct 2015

View Details

Fund House Details

HDFC Mutual Fund

HDFC Mutual Fund Asset management company

AUM ₹617,677.76 Cr.
No. of Schemes 168
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by HDFC Mutual Fund

List of mutual fund schemes by AMC

About HDFC Low Duration Fund Direct Plan Monthly IDCW Payout

HDFC Low Duration Fund Direct Plan Monthly IDCW Payout is a direct plan mutual fund offered by HDFC Mutual Fund. HDFC Low Duration Fund Direct Plan Monthly IDCW Payout scheme provides monthly income to investors. The fund generates regular income by investing in a diversified portfolio of debt securities with low credit risk and a short maturity of 3 years or less. The HDFC Low Duration Fund Direct Plan Monthly IDCW has a lower expense ratio than the average for debt mutual funds. The low associated cost will leave you with more money during the final return. It is important to note that the expense ratio of a mutual fund can change over time. Investors should always check the expense ratio of a fund before investing.

Investment Objectives of the Scheme

The investment objective of the fund is to generate regular returns by investing in high-quality debt instruments with AA+/AAA ratings. The Macaulay duration of the fund is 1-3 years. The fund is exposed to interest rate and credit risks. Hence, it is more suitable for investors with a moderate risk appetite.

Key Features of The Fund

5-year return 6.73%
Expense Ratio 0.45%
Fund Manager Anupam Joshi
Fund Size ₹17516.3 Cr
Risk Profile Moderate

Is This Scheme Right for Me?

HDFC Low Duration Fund Direct Plan Monthly IDCW Payout is a good option for investors who are looking for a low-risk investment that can generate regular income. The fund is also a good option for investors who are looking to preserve their capital.

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 6767 1800 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.

Fast-Track Your Short-Term Goals With SIPs

Need funds for that urgent purchase or dream vacation? Use our SIP calculator to fast-track your goals. From building an emergency fund to splurging on a well-deserved break, SIPs offer a systematic approach to achieving your aspirations.

FAQs

What is today's NAV of HDFC Low Duration Fund Direct Plan Monthly IDCW Payout?

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 Low Duration Fund Direct Plan Monthly IDCW Payout Jun 20 2024 is 10.1932

What is the AUM of HDFC Low Duration Fund Direct Plan Monthly IDCW Payout?

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 Low Duration Fund Direct Plan Monthly IDCW Payout is 17516.3 crore.

What is the expense ratio of HDFC Low Duration Fund Direct Plan Monthly IDCW Payout?

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 Low Duration Fund Direct Plan Monthly IDCW Payout is 0.45%

What are the returns of HDFC Low Duration Fund Direct Plan Monthly IDCW Payout since inception?

The HDFC Low Duration Fund Direct Plan Monthly IDCW Payout was launched on Jan 01 2013. The fund has delivered a CAGR of 7.66 since inception.

What is the minimum SIP amount to invest in HDFC Low Duration Fund Direct Plan Monthly IDCW Payout?

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 Low Duration Fund Direct Plan Monthly IDCW Payout is 100.

How do I invest in HDFC Low Duration Fund Direct Plan Monthly IDCW Payout?

  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 Low Duration Fund Direct Plan Monthly IDCW Payout?

  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 Low Duration Fund Direct Plan Monthly IDCW Payout?

  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 Low Duration Fund Direct Plan Monthly IDCW Payout?

  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.