NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

HDFC Short Term Debt Fund-Growth for NRI [33.10]

Min Investment

₹100

Fund Size

₹18,078.88 Cr

Expense Ratio

0.7%

Exit Load

0%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

₹33.10

0.13%

NAV as on 04 Feb 26, 12:00 AM

moderate risk

short duration

debt

NAV as on 04 Feb 26, 12:00 AM

moderate risk

short duration

debt

7.27%p.a.

Last 1Y

7.61%p.a.

Last 3Y

6.26%p.a.

Last 5Y

7.96%p.a.

Since Inception

About HDFC Short Term Debt Fund-Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the HDFC Short Term Debt Fund-Growth scheme from HDFC Asset Management Company Limited. It is a Short Duration mutual fund scheme that predominantly invests in Short Duration stocks of companies. Launched on Jun 2010, HDFC Short Term Debt Fund-Growth is Short Duration fund of its category with 18,078.88 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category Short Duration funds.

  • HDFC Short Term Debt Fund-Growth delivered 7.3% annual returns during the last year. It has delivered 8.0% average annual returns since the fund was launched.
  • HDFC Short 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

Repo

0.63%

Net Current Assets

3.14%

Sikka Ports and Terminals Ltd SR-PPD-7 Debenture 7.90 18/11/2026

0.42%

Power Finance Corporation Ltd SR-147 Bonds 8.03 02/05/2026

0.28%

REC Ltd Debenture 7.54 30/12/2026

0.14%

Indian Railway Finance Corporation Ltd SR-118 Bonds 7.83 21/03/2027

0.56%

Power Finance Corporation Ltd SR-164 Bonds 7.75 22/03/2027

0.76%

CENTRAL GOVERNMENT LOAN 20388 GOI 07DC31 FLT FV RS 100

0.85%

RURAL ELECTRIFICATION CORPORATION LIMITED SR GOI-IV 8.70 BD 28SP28 FVRS10LAC

0.43%

RURAL ELECTRIFICATION CORPORATION LIMITED SERIES GOI-V 8.54 BD 15NV28 FVRS10LAC

0.43%

Fund Managers

  1. Anil Bamboli (Jun 2010 - Present)
  2. Dhruv Muchhal (Jun 2023 - Present)

Key Information

View Scheme Document

HDFC Short Term Debt Fund-Growth SIP Calculator

If invested

₹5,000

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 Short Term Debt Fund-Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in HDFC Short 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 Short 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

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