HealthyDirect · GrowthFit for a long SIP
HDFC Gilt Fund
HDFC Mutual FundDebt Scheme - Gilt Fund13.8 years
The scheme is a dedicated gilt scheme which seeks to generate reasonable returns with investments in government securities, securities guaranteed by GoI with medium to long term residual maturities.
- NAV
- 59.7835
- 30 Oct 2026
- 1Y
- +2.0%
- Trailing CAGR
- AUM
- ₹1,884.59 Cr
- 30 Sept 2026
- Volatility
- Low
- 3.8% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 30 Oct 2026
Stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
In three lines
Fits if · Peak-to-trough drawdown has stayed shallower than 15%.
Buy checklist
History depth
Pass
13.8 years of path to read.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
0.46% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -11.9%. Ask whether you can hold through a similar fall.
Vs category
Fail
16% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Pass
Priya Ranjan · 4.5 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Watch
Top 10 holdings ≈ 76.3% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+2.0%
- 3Y+6.1%
- 5Y+5.3%
- 10Y+5.8%
- SI+7.2%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+1.3%
- 3Y+4.0%
- 5Y+5.3%
- 10Y+5.7%
- Since inception
- +7.2%
- Calendar-day CAGR
- Excess 1Y
- +0.1%
- Category median, same plan and option
- 3Y win rate
- +16%
- Windows beating the median
- 3Y percentile
- 40
- Vs comparable share classes
- SIP 3Y XIRR
- +4.0%
- Simulated monthly SIP
- Worst rolling 3Y
- +3.7%
- 2621 daily-ending windows
- Median rolling 3Y
- +7.3%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2139 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -11.9%
- Worst peak-to-trough
- Current
- -2.5%
- Below last peak
- Current spell
- 77 days
- Days below latest peak
- Time below peak
- +78%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 10 days
- 236 recovered episodes
- Longest recovery
- 290 days
- Trough to prior peak
27 May 2013 – 5 Jun 2014
Trough 19 Aug 2013 · recovered in 290 days
-11.9%
24 Nov 2016 – 3 Aug 2017
Trough 10 Mar 2017 · recovered in 146 days
-6.2%
28 May 2025 – 24 Feb 2026
Trough 26 Aug 2025 · recovered in 182 days
-3.0%
6 Sept 2017 – 5 Apr 2018
Trough 22 Feb 2018 · recovered in 42 days
-2.9%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
40
Vs category
50
Consistency
24
Risk-adjusted
43
Drawdown
70
Mean
46
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Healthy
Buying stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 38 holdings · top 10 are 76.3%.
- Top 5
- 54.8%
- Top 10
- 76.3%
- Largest holding
- 16.4%
- Effective holdings
- 12.4
GOVERNMENT OF INDIA 35840 GOI 15AP65 6.9 FV RS 100
Entities
16.4%
Repo
Unspecified
13.6%
GOVERNMENT OF INDIA 34238 GOI 22AP64 7.34 FV RS 100
Entities
10.6%
GOVERNMENT OF INDIA 37426 GOI 11MY36 6.94 FV RS 100
Entities
7.8%
GOI Sec 7.18 14/08/2033
Entities
6.4%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Bajaj Finserv Gilt Fund
Bajaj Finserv Mutual Fund
- 1Y
- +3.8%
- 3Y
- n/a
- Vol
- 3.3%
- Max DD
- -3.9%
- Sharpe
- -0.47
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
Bandhan Gilt Fund
Bandhan Mutual Fund
- 1Y
- +7.2%
- 3Y
- +8.3%
- Vol
- 4.1%
- Max DD
- -7.1%
- Sharpe
- 0.67
- 3Y win
- +49%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Higher TER
DSP Gilt Fund
DSP Mutual Fund
- 1Y
- +1.5%
- 3Y
- +6.4%
- Vol
- 3.9%
- Max DD
- -7.6%
- Sharpe
- 0.47
- 3Y win
- +68%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Higher TER
JM G-Sec Fund - (Direct) Annual
JM Financial Asset Management Limited
- 1Y
- +13.0%
- 3Y
- +7.2%
- Vol
- 4.4%
- Max DD
- -5.2%
- Sharpe
- 0.73
- 3Y win
- +100%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility
JM G-Sec Fund - (Direct) Half Yearly
JM Financial Asset Management Limited
- 1Y
- +13.0%
- 3Y
- +7.2%
- Vol
- 4.4%
- Max DD
- -5.2%
- Sharpe
- 0.73
- 3Y win
- +100%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility