NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹53.84
0.10%
NAV as on 18 Dec 24, 12:00 AM
moderately high risk
medium duration
debt
NAV as on 18 Dec 24, 12:00 AM
moderately high risk
medium duration
debt
8.08%p.a.
Last 1Y
5.86%p.a.
Last 3Y
6.53%p.a.
Last 5Y
7.64%p.a.
Since Inception
About HDFC Medium Term Debt Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the HDFC Medium Term Debt Fund Growth scheme from HDFC Asset Management Co Ltd. It is a Medium Duration mutual fund scheme that predominantly invests in Medium Duration stocks of companies. Launched on Feb 2002, HDFC Medium Term Debt Fund Growth is Medium Duration fund of its category with 3,975.05 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Medium Duration funds.
- HDFC Medium Term Debt Fund Growth delivered 8.1% annual returns during the last year. It has delivered 7.6% average annual returns since the fund was launched.
- HDFC Medium Term Debt Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in debt
Fund Objective
To generate income / capital appreciation through investments in Debt and Money Market Instruments.There is no assurance that the investment objective of the Scheme will be realized.
Top 10 Holdings
7.18% Govt Stock 2037
7.77%
7.23% Govt Stock 2039
4.82%
6.54% Govt Stock 2032
3.73%
Tata Steel Limited
3.68%
7.26% Govt Stock 2033
3.24%
Small Business Fincredit India Private Limited
2.51%
Kalpataru Power Transmission Limited
2.50%
6.1% Govt Stock 2031
2.43%
7.18% Govt Stock 2033
1.93%
The Tata Power Company Limited
1.93%
Fund Managers
- Shobhit Mehrotra (Sep 2007 - Present)
- Dhruv Muchhal (Jun 2023 - Present)
Key Information
View Scheme Document
HDFC Medium Term Debt Fund Growth SIP Calculator
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on HDFC Medium Term Debt Fund Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in HDFC Medium Term Debt Fund Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in HDFC Medium Term Debt Fund Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
Similar Funds
Funds
3Y Return
SBI Magnum Medium Duration Fund Growth
moderately high risk | debt
6.2%
ICICI Prudential Medium Term Bond Fund Growth
moderately high risk | debt
6.4%
Aditya Birla Sun Life Medium Term Plan Plan Growth
moderately high risk | debt
13.7%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved