HDFC Short Term Fund

Short DurationDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

HDFC Short Term Fund is a Short Duration fund run by HDFC Mutual Fund. On 30-09-2026, it managed ₹14,219 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 7.2% a year and its Regular plan returned 6.9% a year.

NAV (Direct plan): ₹35.30; ▲ 0.05%30-10-2026
NAV (Regular plan): ₹34.06; ▲ 0.05%30-10-2026
Expense ratio: 0.39%Direct0.67%Regular; 0.39%; A year
Riskometer: Moderate; Set by the fund house
3 year return: 7.2%Direct6.9%Regular; 7.2%; A year

HDFC Short Term Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹35.30 (up 0.05% that day); Regular Plan Growth ₹34.06 (up 0.05% that day).

This fund (Direct plan)

₹35.3019

HDFC Short Term Fund Returns vs Short Duration Funds

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	−0.26%	+0.03%	+2.26%	+4.26%	+7.22%	+6.46%	+7.24%
This fund (Regular)	−0.29%	−0.05%	+2.10%	+3.94%	+6.91%	+6.09%	+6.92%
Short Duration average	−0.14%	+0.30%	+2.50%	+4.11%	+6.88%	+6.62%	+6.89%
Best in Short Duration	+0.11%	+0.75%	+3.17%	+5.54%	+7.64%	+10.75%	+7.63%
Worst in Short Duration	−0.34%	−0.09%	+2.15%	−3.88%	−1.14%	+6.01%	+5.64%
Rank in Short Duration	21/25	22/24	20/24	16/23	13/23	9/20	4/16

Category rows compare the Direct plans of 25 Short Duration funds. Rank 1 is the highest return. This fund's benchmark is CRISIL Short Duration Debt A-II Index. Returns of that index are not available to us, so the category average is the comparison.

HDFC Short Term Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular
2026to date	+3.43%	+3.16%
2025	+8.19%	+7.83%
2024	+8.51%	+8.29%
2023	+7.59%	+7.14%
2022	+3.98%	+3.53%
2021	+4.40%	+3.86%

HDFC Short Term Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 2,620 periods, one for each trading day from 01-01-2016 to 30-10-2026.

0%2%4%6%8%10%12%

Nov 2013
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025

HDFC Short Term Fund (Direct)Category average, 25 Short Duration funds

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	3,097	8.4%	2.6%	12.4%	0%	7.8%	70%
2 years	2,861	8.2%	4.1%	11.2%	0%	7.6%	58%
3 years	2,620	7.9%	5.2%	10.6%	0%	7.5%	66%
5 years	2,137	7.6%	6.4%	9.1%	0%	6.9%	84%
7 years	1,655	7.7%	6.9%	9.5%	0%	7.1%	100%
10 years	926	7.8%	7.2%	8.3%	0%	7.5%	100%

Every SIP holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	154	8.1%	1.9%	13.4%	0%	7.7%	66%
2 years	142	8.2%	3.5%	11.9%	0%	7.5%	64%
3 years	130	7.8%	5.0%	10.6%	0%	7.3%	67%
5 years	106	7.6%	6.4%	9.5%	0%	7.2%	88%
7 years	82	7.3%	6.8%	9.3%	0%	6.8%	100%
10 years	46	7.4%	7.1%	7.7%	0%	7.0%	100%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat category" counts the periods in which the fund did better than the average of the 25 Short Duration funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.

HDFC Short Term Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	HDFC Short Term Fund (Direct)This fund	Category average
Return (CAGR)	+4.26%	+4.16%
Standard deviation	1.16%	1.17%
Sharpe ratio	-0.85	-0.93
Sortino ratio	-1.13	-1.23
Maximum drawdown	−0.62% (23-10-2026)	−0.75% (02-04-2026)

From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	HDFC Short Term Fund (Direct)This fund	Category average
Return (CAGR)	+7.22%	+6.89%
Standard deviation	0.92%	0.97%
Sharpe ratio	1.29	0.89
Sortino ratio	1.91	1.27
Maximum drawdown	−0.62% (23-10-2026)	−0.75% (02-04-2026)

From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	HDFC Short Term Fund (Direct)This fund	Category average
Return (CAGR)	+6.46%	+6.33%
Standard deviation	0.92%	1.01%
Sharpe ratio	0.72	0.52
Sortino ratio	0.99	0.75
Maximum drawdown	−0.95% (06-05-2022)	−0.98% (06-05-2022)

From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	HDFC Short Term Fund (Direct)This fund	Category average
Return (CAGR)	+7.24%	+6.74%
Standard deviation	1.33%	1.36%
Sharpe ratio	1.39	0.98
Sortino ratio	2.32	1.49
Maximum drawdown	−2.7% (24-03-2020)	−2.3% (23-03-2020)

From daily NAVs, 28-10-2016 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	HDFC Short Term Fund (Direct)This fund	Category average
Return (CAGR)	+7.83%	+7.52%
Standard deviation	1.31%	1.34%
Sharpe ratio	1.36	1.10
Sortino ratio	2.08	1.61
Maximum drawdown	−2.7% (24-03-2020)	−2.3% (23-03-2020)

From daily NAVs, 01-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Drawdowns

How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.

−3%−2.5%−2%−1.5%−1%−0.5%0%

2014201620182020202220242026

HDFC Short Term Fund (Direct)Category average, 25 Short Duration funds

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
HDFC Short Term Fund (Direct)	−2.7%	06-03-2020	24-03-2020	31-03-2020	7 days	−0.48%
Category average	−2.3%	06-03-2020	23-03-2020	31-03-2020	8 days	−0.28%

From the Direct plan's daily NAV since 01-01-2013, adjusted for unit splits, and the average of the 25 Short Duration funds (Direct plans, each weighted the same) over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

HDFC Short Term Fund vs Other Short Duration Funds

The five Short Duration funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
Bandhan Short Term Fund	1/23	8,680	0.39%	+5.54%	+7.64%	--	--	1.61	2.54	Compare
Axis Short Term Fund	2/23	7,425	0.40%	+4.82%	+7.58%	--	--	1.63	2.53	Compare
Mahindra Manulife Short Term Fund	3/23	79	0.33%	+4.78%	+7.49%	--	--	1.56	2.36	Compare
Bank of India Short Term Fund	4/23	259	0.54%	+4.34%	+7.48%	--	--	1.01	2.34	Compare
ICICI Prudential Short Term Fund	4/23	18,890	0.45%	+4.92%	+7.48%	--	--	1.55	2.34	Compare
HDFC Short Term Fund	13/23	14,219	0.39%	+4.26%	+7.22%	--	--	1.29	1.91

AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.

HDFC Short Term Fund Expense Ratio and Costs

What each plan charges a year, in force from 16-10-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Short Duration median	Cost rank (1 = cheapest)
Direct	0.33%	0.00%	0.00%	0.06%	0.39%	0.37%	15/25
Regular	0.57%	0.00%	0.00%	0.10%	0.67%	0.99%	1/25

The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Short Duration funds' plans of the same type are sorted from the lowest total expense ratio to the highest.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	3.94%	4.26%	0.32%	₹1,03,940	₹1,04,260
3 years	6.91%	7.22%	0.31% a year	₹1,22,195	₹1,23,261
5 years	6.09%	6.46%	0.37% a year	₹1,34,392	₹1,36,752
10 years	6.92%	7.24%	0.32% a year	₹1,95,249	₹2,01,172

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

HDFC Short Term Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 01-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planHDFC Short Term Fund (Direct)	₹16,60,000	₹28,28,048	₹11,68,048	7.3%
Regular planHDFC Short Term Fund (Regular)	₹16,60,000	₹27,59,411	₹10,99,411	7.0%
Category averageCategory average, 25 Short Duration funds	₹16,60,000	₹27,46,318	₹10,86,318	7.0%

₹0₹10.0 L₹20.0 L₹30.0 L

2014201620182020202220242026

Direct planHDFC Short Term Fund (Direct)Regular planHDFC Short Term Fund (Regular)Category averageCategory average, 25 Short Duration fundsAmount invested

From each plan's published NAV (Growth option) and the category average, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.

HDFC Short Term Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

94.2%Debt

Asset	Fund	Category
Debt	94.2%	92.0%
Cash and others	5.8%	8.0%

Credit rating

Bonds and money market papers by credit rating, % of the fund. Category: the average of 25 Short Duration funds.

Rating	Fund	Category
Sovereign	8.7%	11.4%
AAA and A1+	70.5%	71.2%
AA	15.0%	9.4%

HDFC Short Term Fund Portfolio Holdings

As on 30-09-2026 · 141 holdings · from the fund house's monthly portfolio

Holdings	Rating	Weight%
Jubilant Beverages Limited · Bond	CRISIL - AA	3.03%
JTPM Metal Traders Limited · Bond	CRISIL - AA	2.73%
Jamnagar Utilities & Power Pvt. Limited · Bond	CRISIL - AAA	2.46%
Shivshakti Securitisation Trust (Originator - Sikka Ports & Terminals Limited)	CRISIL - AAA(SO)	2.35%
National Bank for Agri & Rural Dev. · Bond	CRISIL - AAA	2.22%
ADITYA BIRLA RENEWABLES LIMITED · Bond	CRISIL - AA	2.18%
National Bank for Agri & Rural Dev. · Bond	ICRA - AAA	1.93%
Pipeline Infrastructure Pvt. Ltd. · Bond	CRISIL - AAA	1.73%
Tata Communications Limited · Bond	CRISIL - AAA	1.73%
UltraTech Cement Limited · Bond	CRISIL - AAA	1.67%
Bajaj Housing Finance Ltd. · Bond	CRISIL - AAA	1.57%
Siddhivinayak Securitisation Trust (Originator - Sikka Ports & Terminals Limited)	CRISIL - AAA(SO)	1.51%
TVS Credit Services Ltd · Bond	ICRA - AA+	1.43%
Cholamandalam Investment & Finance Co. Ltd. · Bond	ICRA - AA+	1.41%
Muthoot Finance Ltd. · Bond	CRISIL - AA+	1.41%
Small Industries Development Bank · Bond	CRISIL - AAA	1.41%
ASCENDAS IT PARK PUNE PRIVATE LIMITED · Bond	CRISIL - AAA	1.38%
7.27% Gujarat SDL ISD 171225 MAT 171234 · State government security	Sovereign	1.37%
REC Limited. · Bond	CRISIL - AAA	1.37%
Small Industries Development Bank · Bond	CRISIL - AAA	1.23%
Housing and Urban Development Corporation Ltd. · Bond	CARE - AAA	1.21%
6.64% GOI MAT 071231 · Government security	Sovereign	1.09%
REC Limited. · Bond	CRISIL - AAA	1.05%
National Bank for Agri & Rural Dev. · Bond	CRISIL - AAA	1.05%
National Bank for Agri & Rural Dev. · Bond	ICRA - AAA	1.05%
Poonawalla Fincorp Ltd · Bond	CRISIL - AAA	1.05%
Poonawalla Fincorp Ltd · Bond	CRISIL - AAA	1.05%
Small Industries Development Bank · Bond	CRISIL - AAA	1.04%
Sundaram Home Finance Limited · Bond	ICRA - AAA	1.02%
REC Limited. · Bond	CRISIL - AAA	0.93%
LIC Housing Finance Ltd. · Bond	CRISIL - AAA	0.89%
Motilal Oswal Financial Services Ltd. · Bond	CRISIL - AA+	0.88%
Power Finance Corporation Ltd. · Bond	CRISIL - AAA	0.87%
National Bank for Agri & Rural Dev. · Bond	CRISIL - AAA	0.87%
6.94% GOI MAT 110536 · Government security	Sovereign	0.86%
Power Finance Corporation Ltd. · Bond	CRISIL - AAA	0.86%
REC Limited. · Bond	CRISIL - AAA	0.72%
Toyota Financial Services India Ltd. · Bond	ICRA - AAA	0.72%
Indian Railways Finance Corp. Ltd. · Bond	CRISIL - AAA	0.71%
LIC Housing Finance Ltd. · Bond	CRISIL - AAA	0.71%
REC Limited. · Bond	CARE - AAA	0.70%
REC Limited. · Bond	CRISIL - AAA	0.70%
Indian Railways Finance Corp. Ltd. · Bond	CRISIL - AAA	0.70%
LIC Housing Finance Ltd. · Bond	CRISIL - AAA	0.70%
LIC Housing Finance Ltd. · Bond	CRISIL - AAA	0.70%
Cholamandalam Investment & Finance Co. Ltd. · Bond	ICRA - AA+	0.70%
Bajaj Housing Finance Ltd. · Bond	CRISIL - AAA	0.70%
Canara Bank · Certificate of deposit	CRISIL - A1+	0.70%
SMFG India Credit Company Ltd · Bond	CARE - AAA	0.70%
Small Industries Development Bank · Bond	CRISIL - AAA	0.70%
Sundaram Finance Ltd. · Bond	CRISIL - AAA	0.70%
Tata Capital Ltd. · Bond	CRISIL - AAA	0.70%
Small Industries Development Bank · Bond	CRISIL - AAA	0.69%
Small Industries Development Bank · Bond	CRISIL - AAA	0.69%
Sundaram Finance Ltd. · Bond	ICRA - AAA	0.69%
Power Finance Corporation Ltd. · Bond	CRISIL - AAA	0.68%
Punjab National Bank · Bond	CRISIL - AAA	0.68%
Small Industries Development Bank · Bond	CRISIL - AAA	0.67%
India Universal Trust AL2 (Originator - HDFC Bank Limited)	CRISIL - AAA(SO)	0.64%
7.34% Goa SDL ISD 171225 MAT 171235 · State government security	Sovereign	0.61%
India Universal Trust AL1 (Originator - HDFC Bank Limited)	IND - AAA(SO)	0.61%
NTPC Green Energy Limited · Bond	CRISIL - AAA	0.60%
Indian Railways Finance Corp. Ltd. · Bond	CRISIL - AAA	0.59%
Small Industries Development Bank · Bond	CRISIL - AAA	0.59%
7.64% Gujarat SDL ISD 170124 MAT 170133 · State government security	Sovereign	0.56%
Pipeline Infrastructure Pvt. Ltd. · Bond	CRISIL - AAA	0.56%
Indian Railways Finance Corp. Ltd. · Bond	CRISIL - AAA	0.56%
National Bank for Agri & Rural Dev. · Bond	ICRA - AAA	0.56%
REC Limited. · Bond	CRISIL - AAA	0.54%
REC Limited. · Bond	CRISIL - AAA	0.54%
Muthoot Finance Ltd. · Bond	CRISIL - AA+	0.53%
Kotak Mahindra Investments Ltd. · Bond	CRISIL - AAA	0.53%
REC Limited. · Bond	CARE - AAA	0.52%
National Bank for Agri & Rural Dev. · Bond	ICRA - AAA	0.52%
RJ Corp Limited · Bond	CRISIL - AAA	0.52%
Poonawalla Fincorp Ltd · Bond	CRISIL - AAA	0.52%
Small Industries Development Bank · Bond	CRISIL - AAA	0.52%
Bank of Baroda · Certificate of deposit	CARE - A1+	0.51%
Bajaj Housing Finance Ltd. · Bond	CRISIL - AAA	0.50%
7.29% Rajasthan SDL ISD 191125 Mat 191137 · State government security	Sovereign	0.47%
Bajaj Housing Finance Ltd. · Bond	CRISIL - AAA	0.40%
UCO Bank · Certificate of deposit	CRISIL - A1+	0.40%
7.64% % Gujarat SDL ISD 170124 Mat 170134 · State government security	Sovereign	0.38%
Corporate Debt Market Development Fund		0.37%
Reliance Industries Ltd. · Bond	CRISIL - AAA	0.36%
LIC Housing Finance Ltd. · Bond	CRISIL - AAA	0.36%
India Universal Trust AL2 (Originator - HDFC Bank Limited)	CRISIL - AAA(SO)	0.36%
7.72% Bihar SDL - MAT 250241 · State government security	Sovereign	0.35%
REC Limited. · Bond	CRISIL - AAA	0.35%
HDFC Bank Ltd. · Bond	CRISIL - AAA	0.35%
Power Finance Corporation Ltd. · Bond	CRISIL - AAA	0.35%
Power Finance Corporation Ltd. · Bond	CRISIL - AAA	0.35%
National Bank for Agri & Rural Dev. · Bond	CRISIL - AAA	0.35%
UltraTech Cement Limited · Bond	CRISIL - AAA	0.35%
Poonawalla Fincorp Ltd · Bond	CRISIL - AAA	0.35%
SMFG India Credit Company Ltd · Bond	CRISIL - AAA	0.35%
Small Industries Development Bank · Bond	CRISIL - AAA	0.35%
7.39% TAMIL NADU SDL - Mat 150734 · State government security	Sovereign	0.34%
Bank of Baroda · Certificate of deposit	CARE - A1+	0.34%
Housing and Urban Development Corporation Ltd. · Bond	CARE - AAA	0.34%
Power Finance Corporation Ltd. · Bond	CRISIL - AAA	0.34%
Canara Bank · Certificate of deposit	CRISIL - A1+	0.34%
Small Industries Development Bank · Bond	CRISIL - AAA	0.34%
Union Bank of India · Certificate of deposit	IND - A1+	0.34%
7.63% Gujarat SDL ISD 240124 Mat 240133 · State government security	Sovereign	0.32%
7.07% Gujarat SDL ISD 240925 MAT 261133 · State government security	Sovereign	0.31%
Mahanagar Telephone Nigam Ltd. · Bond	BRICKWORKS - AA+(CE)	0.31%
7.20% Maharashtra SDL MAT 231036 · State government security	Sovereign	0.30%
TATA Capital Housing Finance Ltd. · Bond	CRISIL - AAA	0.29%
Jubilant Bevco Limited · Bond	CRISIL - AA	0.28%
Nomura Capital India Pvt. Ltd. · Bond	IND - AAA	0.28%
7.63% Gujarat SDL - MAT 100637 · State government security	Sovereign	0.25%
7.63% Gujarat SDL ISD 240124 Mat 240134 · State government security	Sovereign	0.24%
REC Limited. · Bond	CRISIL - AAA	0.21%
Reliance Industries Ltd. · Bond	CRISIL - AAA	0.18%
REC Limited. · Bond	ICRA - AAA	0.18%
HDFC Bank Ltd. · Bond	CRISIL - AAA	0.18%
Power Finance Corporation Ltd. · Bond	CRISIL - AAA	0.18%
7.24% GOI MAT 180855 · Government security	Sovereign	0.17%
7.63% Andhra Pradesh SDL ISD 030925 MAT 030937 · State government security	Sovereign	0.17%
7.48% Madhya Pradesh MAT 011045 · State government security	Sovereign	0.17%
REC Limited. · Bond	CRISIL - AAA	0.17%
Power Finance Corporation Ltd. · Bond	CRISIL - AAA	0.17%
Power Finance Corporation Ltd. · Bond	CRISIL - AAA	0.17%
National Bank for Agri & Rural Dev. · Bond	ICRA - AAA	0.17%
Bajaj Finance Ltd. · Bond	CRISIL - AAA	0.17%
Bajaj Finance Ltd. · Bond	CRISIL - AAA	0.17%
Bajaj Housing Finance Ltd. · Bond	CRISIL - AAA	0.17%
Small Industries Development Bank · Bond	CRISIL - AAA	0.17%
Power Finance Corporation Ltd. · Bond	CRISIL - AAA	0.16%
7.48% Andhra Pradesh SDL ISD 030925 MAT 030933 · State government security	Sovereign	0.14%
7.67% Haryana SDL MAT 250241 · State government security	Sovereign	0.14%
Housing and Urban Development Corporation Ltd. · Bond	CARE - AAA	0.14%
The Tata Power Company Ltd. · Bond	CARE - AA+	0.14%
7.62% Andhra Pradesh SDL ISD 030925 MAT 030936 · State government security	Sovereign	0.12%
7.72% Maharashtra SDL - Mat 250534 · State government security	Sovereign	0.11%
Nomura Capital India Pvt. Ltd. · Bond	IND - AAA	0.11%
7.48% Andhra Pradesh SDL ISD 030925 MAT 030934 · State government security	Sovereign	0.10%
7.27% Andhra Pradesh SDL ISD 081025 MAT 081036 · State government security	Sovereign	0.07%
7.07% Gujarat SDL ISD 240925 MAT 240932 · State government security	Sovereign	0.05%
Sansar Trust July 2023 II (Originator - Shriram Finance Limited)	CRISIL - AAA(SO)	0.05%

HDFC Short Term Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
HDFC Floating Interest Rates FundFloater · HDFC	30.8%	47	Compare
HDFC Banking and PSU Debt FundBanking & PSU · HDFC	28.8%	55	Compare
HDFC Ultra Short to Short Term FundLow Duration · HDFC	24.1%	35	Compare
HDFC Corporate Bond FundCorporate Bond · HDFC	23.3%	60	Compare
ICICI Prudential Short Term FundShort Duration · ICICI Prudential	20.1%	31	Compare
ICICI Prudential Banking and PSU Debt FundBanking & PSU · ICICI Prudential	19.3%	26	Compare
Kotak Corporate Bond FundCorporate Bond · Kotak Mahindra	19.1%	24	Compare
ICICI Prudential Corporate Bond FundCorporate Bond · ICICI Prudential	18.5%	29	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

HDFC Short Term Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 0.39%
Expense ratio (Regular): 0.67%
Category: Short Duration
Risk: Moderate
Benchmark: CRISIL Short Duration Debt A-II Index
Launch date: 25-06-2010
Minimum investment: ₹100
Minimum additional investment: ₹100
AUM: ₹14,218.52 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 119016
ISIN (Direct): INF179K01YM7
Scheme code (Regular): 113047
ISIN (Regular): INF179K01CU6
NAV history: From 01-01-2013, 13.8 years

Exit load: NIL

Tax on HDFC Short Term Fund returns

HDFC Short Term Fund is taxed as a debt fund: 65% or more of it is in bonds and money market papers.
For units bought on or after 01-04-2023, the gain is added to your income and taxed at your slab rate, however long you hold the units.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹35.3019	30-10-2026
direct	Fortnightly IDCW	₹10.2604	30-10-2026
direct	Normal IDCW	₹20.916	30-10-2026
regular	Growth	₹34.061	30-10-2026
regular	Fortnightly IDCW	₹10.1503	30-10-2026
regular	Normal IDCW	₹20.241	30-10-2026

About HDFC Short Term Fund

HDFC Short Term Fund is a mutual fund from HDFC Mutual Fund. Its category is Short Duration. It was launched on 25-06-2010. Its benchmark is CRISIL Short Duration Debt A-II Index. At the end of September 2026 it held 141 securities.

Fund Manager

Anil Bamboli
Fund manager of HDFC Short Term Fund, since 25-06-2010
Gopal Agrawal
Fund manager of HDFC Short Term Fund, since 01-09-2026

See all funds of HDFC Mutual Fund

AUM change

September 2026: ₹14,218.52 Cr; −1.85% from August 2026
August 2026: ₹14,486.07 Cr; −3.94% from July 2026
July 2026: ₹15,080.98 Cr; +0.48% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare HDFC Short Term Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

HDFC Short Term vs Bandhan Short TermShort Duration
HDFC Short Term vs Axis Short TermShort Duration
HDFC Short Term vs Mahindra Manulife Short TermShort Duration
HDFC Short Term vs Bank of India Short TermShort Duration
HDFC Short Term vs ICICI Prudential Short Term20.1% overlap
HDFC Short Term vs HDFC Floating Interest Rates30.8% overlap
HDFC Short Term vs HDFC Banking and PSU Debt28.8% overlap
HDFC Short Term vs HDFC Ultra Short to Short Term24.1% overlap

Compare with any other fund

Frequently Asked Questions for HDFC Short Term Fund

What is the current NAV of HDFC Short Term Fund?

The Direct plan NAV is ₹35.3019. The Regular plan NAV is ₹34.061, as on 30-10-2026.

What are the returns of HDFC Short Term Fund?

The Direct plan returned +4.26% in 1 year, +7.22% a year over 3 years, +6.46% a year over 5 years. The Regular plan returned +3.94% in 1 year, +6.91% a year over 3 years, +6.09% a year over 5 years. These figures are as on 30-10-2026.

What is the expense ratio of HDFC Short Term Fund?

The Direct plan charges 0.39% a year. The Regular plan charges 0.67% a year. This is the figure the fund house reported to AMFI, in force from 16-10-2026.

What is the AUM of HDFC Short Term Fund?

HDFC Short Term Fund managed ₹14,218.52 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of HDFC Short Term Fund?

At the end of September 2026 the largest holdings were Jubilant Beverages Limited (3.03%), JTPM Metal Traders Limited (2.73%), Jamnagar Utilities & Power Pvt. Limited (2.46%), Shivshakti Securitisation Trust (Originator - Sikka Ports & Terminals Limited) (2.35%), National Bank for Agri & Rural Dev. (2.22%). The fund held 141 securities in all.

How do I invest in HDFC Short Term Fund?

Through HDFC Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹100. You can invest once or through a monthly SIP.

Who is the fund manager of HDFC Short Term Fund?

Anil Bamboli (since 25-06-2010), Gopal Agrawal (since 01-09-2026).

What is the exit load of HDFC Short Term Fund?

NIL

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.