Hdfc Income Fund

Review Date: 09-04-2025

Beginning of Analysis

Hdfc Income Fund is the 7th ranked fund in the Medium to Long Duration Fund category. The category has total 13 funds. The 3 star rating shows an average past performance of the Hdfc Income Fund in Medium to Long Duration Fund. The fund has a Jensen Alpha of -0.19% which is lower than the category average of 0.9%. The fund has a Sharpe Ratio of -0.15 which is lower than the category average of -0.06.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Medium to Long Duration Mutual Funds are ideal for long-term investors seeking higher returns by taking advantage of interest rate movements. These funds invest in debt instruments with a portfolio duration of 4 to 7 years, making them highly sensitive to interest rate changes. While they offer the potential for significant capital appreciation in a falling interest rate environment, they also carry higher risks, including interest rate risk and volatility. Investors should carefully assess their risk tolerance, investment horizon, and financial goals before investing in these funds. Additionally, choosing funds managed by experienced professionals can help navigate interest rate cycles effectively.

Hdfc Income Fund Return Analysis

• The fund has given a return of 2.49%, 3.55 and 4.69 in last one, three and six months respectively. In the same period the category average return was 2.22%, 3.06% and 4.17% respectively.
• The fund has given a return of 7.95% in last three years and ranked 7.0th out of 13 funds in the category. In the same period the Medium to Long Duration Fund category average return was 7.86%.
• The fund has given a return of 6.87% in last five years and ranked 9th out of 13 funds in the category. In the same period the Medium to Long Duration Fund category average return was 7.69%.
• The fund has given a return of 6.95% in last ten years and ranked 10th out of 13 funds in the category. In the same period the category average return was 7.24%.
• The fund has given a SIP return of -5.97% in last one year whereas category average SIP return is -6.94%. The fund one year return rank in the category is 5th in 13 funds
• The fund has SIP return of 7.47% in last three years and ranks 4th in 13 funds. LIC MF Medium to Long Duration Fund has given the highest SIP return (7.87%) in the category in last three years.
• The fund has SIP return of 6.85% in last five years whereas category average SIP return is 7.12%.

Hdfc Income Fund Risk Analysis

• The fund has a standard deviation of 2.37 and semi deviation of 1.75. The category average standard deviation is 2.52 and semi deviation is 1.73.
• The fund has a Value at Risk (VaR) of -1.64 and a maximum drawdown of -2.07. The category average VaR is -1.96 and the maximum drawdown is -1.82. The fund has a beta of 0.89 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.

Very Good Performance in Medium to Long Duration Fund Category

Good Performance in Medium to Long Duration Fund Category

Poor Performance in Medium to Long Duration Fund Category

Very Poor Performance in Medium to Long Duration Fund Category