HDFC Short Term Fund

Direct Plan · Fortnightly IDCW · Mutual fund · Scheme code 119015

NAV₹10.2486as on 28 Oct 2026

Fund houseHDFC Mutual Fund

CategoryMutual fund

Plan & optionDirect · Fortnightly IDCW

History13.7 years

Returns (%)

	1M	3M	6M	1Y	3Y	5Y	7Y	10Y	Launch
This scheme	-0.28	-0.18	-0.33	-0.30	-0.12	-0.06	-0.01	0.07	0.17

Over a year annualised (CAGR), under a year absolute. Computed from AMFI's published NAV history for this scheme.

Risk

	Volatility	Sharpe	Sortino	Beta	Alpha	Max fall	R²
This scheme	0.5%	-12.26	-3.42	—	—	-3.2%	—

Risk-free rate 6.5%. Beta, alpha and R² are regressed on the — months this scheme and its benchmark share.

Growth of ₹100 since launch

Drawdown from peak (%)

Every one-year period it has lived through

Windows	Worst	Median	Best	Periods that lost money
3,057	-2.1%	0.1%	2.7%	35%

Every one-year holding period in this scheme's history, not just the last one — the spread a real investor would have met depending only on when they started.

HDFC Short Term Fund

Direct Plan · Fortnightly IDCW

Allocation

By asset

Debt	95.29%
Cash & Equivalents	4.36%
AIF Units	0.35%

By market cap

Concentration

Number of stocks	151
Top 5 stocks	12.13%
Top 10 stocks	20.96%
Top 20 stocks	33.57%
Lines in the filing	153

Largest holding	2.84%
Largest sector	CRISIL - AAA 52.86%
Effective stocks	99.6
Sectors held	15
Cash	4.36%

Effective stocks is what the concentration works out to: a fund holding 151 names but most of its money in a few behaves like a fund of 100. Cash includes repo and TREPS, which every fund parks money in overnight.

Sector split

CRISIL - AAA	52.86%
Sovereign	9.68%
CRISIL - AA	7.73%
ICRA - AAA	6.81%
CRISIL - AAA(SO)	4.86%
Cash & Equivalents	4.36%
ICRA - AA+	4.03%
CARE - AAA	3.62%
CRISIL - AA+	2.16%
CRISIL - A1+	1.66%
IND - AAA(SO)	0.60%
CARE - A1+	0.48%
IND - AAA	0.37%
Unclassified	0.35%
BRICKWORKS - AA+(CE)	0.29%
CARE - AA+	0.14%

HDFC Short Term Fund

Direct Plan · Fortnightly IDCW · holdings

Top 30 holdings

#	Company	Sector	Shares held	Value ₹ cr	% of fund
1	Jubilant Beverages Limited	CRISIL - AA	38,500	428	2.84%
2	JTPM Metal Traders Limited	CRISIL - AA	36,000	387	2.57%
3	Net Current Assets	Unclassified	—	385	2.53%
4	Jamnagar Utilities & Power Pvt. Limited	CRISIL - AAA	35,000	352	2.34%
5	Shivshakti Securitisation Trust (Originator - Sikka Ports & Terminals Limited)	CRISIL - AAA(SO)	350	344	2.28%
6	National Bank for Agri & Rural Dev.	CRISIL - AAA	31,670	317	2.10%
7	ADITYA BIRLA RENEWABLES LIMITED	CRISIL - AA	31,000	311	2.06%
8	National Bank for Agri & Rural Dev.	ICRA - AAA	30,000	301	1.99%
9	TREPS - Tri-party Repo	Unclassified	—	275	1.83%
10	Pipeline Infrastructure Pvt. Ltd.	CRISIL - AAA	24,500	248	1.64%
11	Tata Communications Limited	CRISIL - AAA	25,000	247	1.64%
12	Bajaj Housing Finance Ltd.	CRISIL - AAA	22,500	226	1.50%
13	Siddhivinayak Securitisation Trust (Originator - Sikka Ports & Terminals Limited)	CRISIL - AAA(SO)	225	223	1.48%
14	TVS Credit Services Ltd	ICRA - AA+	200	205	1.36%
15	Cholamandalam Investment & Finance Co. Ltd.	ICRA - AA+	20,000	202	1.34%
16	7.27% Gujarat SDL ISD 171225 MAT 171234	Sovereign	20,000,000	199	1.32%
17	ASCENDAS IT PARK PUNE PRIVATE LIMITED	CRISIL - AAA	20,001	197	1.31%
18	REC Limited.	CRISIL - AAA	1,950	196	1.30%
19	Small Industries Development Bank	CRISIL - AAA	17,500	176	1.17%
20	Small Industries Development Bank	CRISIL - AAA	17,500	176	1.16%
21	Housing and Urban Development Corporation Ltd.	CARE - AAA	17,500	173	1.15%
22	6.64% GOI MAT 071231	Sovereign	15,000,000	154	1.02%
23	National Bank for Agri & Rural Dev.	CRISIL - AAA	15,000	150	1.00%
24	HDFC Bank Ltd.	CRISIL - AAA	15,000	151	1.00%
25	National Bank for Agri & Rural Dev.	ICRA - AAA	15,000	150	1.00%
26	REC Limited.	CRISIL - AAA	15,000	150	1.00%
27	REC Limited.	CRISIL - AAA	15,000	150	1.00%
28	Small Industries Development Bank	CRISIL - AAA	15,000	150	0.99%
29	Poonawalla Fincorp Ltd	CRISIL - AAA	15,000	150	0.99%
30	Poonawalla Fincorp Ltd	CRISIL - AAA	15,000	150	0.99%

HDFC Short Term Fund

Direct Plan · Fortnightly IDCW · where the money sits

What the manager did last month

Between the filings of 30 Jun 2026 and 31 Jul 2026. A position grows because the manager bought or because the price rose; only the share count separates them.

Bought	Sold	New positions	Sold out of	Price move of holdings
₹353 cr	₹373 cr	8	5	-0.29%

Stock	Shares traded	Shares	Price	Value ₹ cr
New position
National Bank for Agri & Rural Dev.	10,000	entered	—	100
Small Industries Development Bank	10,000	entered	—	98.5
Small Industries Development Bank	7,500	entered	—	74.8
Bank of Baroda	1,500	entered	—	72.0
UCO Bank	1,200	entered	—	56.4
7.39% TAMIL NADU SDL - Mat 150734	5,000,000	entered	—	50.1
Canara Bank	1,000	entered	—	48.1
Bajaj Housing Finance Ltd.	2,500	entered	—	25.0
Added to
LIC Housing Finance Ltd.	1,000	+400.0%	-0.3%	103
Small Industries Development Bank	10,000	+200.0%	-0.5%	100.0
REC Limited.	7,500	+100.0%	-0.2%	75.1
Small Industries Development Bank	5,000	+40.0%	-0.4%	50.4
Bajaj Housing Finance Ltd.	2,500	+12.5%	0.0%	25.2
Trimmed
ADITYA BIRLA RENEWABLES LIMITED	12,500	-28.7%	+0.0%	125
Power Finance Corporation Ltd.	10,000	-40.0%	-0.1%	99.0
Canara Bank	1,000	-25.0%	+0.5%	48.8
7.71% GOI MAT 180566	2,500,000	-25.0%	-2.1%	25.5
Motilal Oswal Financial Services Ltd.	2,500	-16.7%	+0.0%	25.1
Power Finance Corporation Ltd.	2,500	-20.0%	-0.6%	24.4
7.24% GOI MAT 180855	2,500,000	-20.0%	-1.9%	24.3
Sold out of
Bajaj Housing Finance Ltd.	20,000	exited	—	201
Floating Rate GOI 2028	18,000,000	exited	—	182
Muthoot Finance Ltd.	8,500	exited	—	85.4
Muthoot Finance Ltd.	7,500	exited	—	75.6
Jamnagar Utilities & Power Pvt. Limited	500	exited	—	49.9

The list above is stocks and fund units. Treasury bills, repo and money-market lines roll over every month by design — they are not decisions, so they are totalled here rather than listed as activity.

A ₹10,000 monthly SIP over five years

Invested	Value	Gain	XIRR
₹600,000	₹598,248	₹-1,752	-0.12%

XIRR, not CAGR — a SIP's money arrives over sixty months, so each instalment has been invested for a different length of time.

Not investment advice. InvestVerdict is not a SEBI-registered Investment Adviser or Research Analyst. Every figure is computed from AMFI's published NAV history and the portfolio the AMC filed with AMFI; none of it is a recommendation to buy, hold or sell. Past returns do not predict future ones. Generated 30 Oct 2026.