{"id":230824,"date":"2026-09-04T10:44:34","date_gmt":"2026-09-04T05:14:34","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/hdfc-medium-term-fund-direct-growth-review-2026\/"},"modified":"2026-09-04T10:44:34","modified_gmt":"2026-09-04T05:14:34","slug":"hdfc-medium-term-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/hdfc-medium-term-fund-direct-growth-review-2026\/","title":{"rendered":"HDFC Medium Term Fund Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/hdfc-medium-term-fund-g-direct-plan\">HDFC Medium Term Fund Direct Growth Plan<\/a> has a NAV of \u20b966.0225 as of 03 Sep 2026 and a scheme AUM of \u20b93,599 Cr. Its 1-year, 3-year and 5-year returns are 7.18%, 7.95% and 6.8% respectively. The fund carries a Medium Risk tag, so our view is that it may suit investors who want a debt fund with a steadier profile than equity, but who are still comfortable with some yield movement and credit exposure.<\/p>\n<p>The return pattern looks reasonably consistent over longer periods, while the recent stretch is calmer rather than explosive. That combination, along with a portfolio built around debt securities, government securities and securitised exposure, points to a fund that is more about controlled compounding than aggressive upside.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/hdfc-medium-term-fund-direct-growth-review-2026\/#Quick_facts\" title=\"Quick facts\">Quick facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/hdfc-medium-term-fund-direct-growth-review-2026\/#Performance\" title=\"Performance\">Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/hdfc-medium-term-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_HDFC_Medium_Term\" title=\"Should you BUY or HOLD HDFC Medium Term?\">Should you BUY or HOLD HDFC Medium Term?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/hdfc-medium-term-fund-direct-growth-review-2026\/#Peer_comparison\" title=\"Peer comparison\">Peer comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/hdfc-medium-term-fund-direct-growth-review-2026\/#Portfolio_where_your_money_goes\" title=\"Portfolio: where your money goes\">Portfolio: where your money goes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/hdfc-medium-term-fund-direct-growth-review-2026\/#Who_should_invest\" title=\"Who should invest\">Who should invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/hdfc-medium-term-fund-direct-growth-review-2026\/#Tax_and_exit_load\" title=\"Tax and exit load\">Tax and exit load<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/hdfc-medium-term-fund-direct-growth-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/hdfc-medium-term-fund-direct-growth-review-2026\/#Bottom_line\" title=\"Bottom line\">Bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/hdfc-medium-term-fund-direct-growth-review-2026\/#Explore_mutual_funds_with_Univest\" title=\"Explore mutual funds with Univest\">Explore mutual funds with Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/hdfc-medium-term-fund-direct-growth-review-2026\/#RIA_disclosure\" title=\"RIA disclosure\">RIA disclosure<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Quick_facts\"><\/span>Quick facts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Particular<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b966.0225 as of 03 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b93,599 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.67%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>01 Jan 2013<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b9100<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>Medium Risk<\/td>\n<\/tr>\n<tr>\n<td>Benchmark<\/td>\n<td>Nifty 50<\/td>\n<\/tr>\n<tr>\n<td>Fund Category<\/td>\n<td>Debt<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>No exit load<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Anil Bamboli, Praveen Jain, Bhavyesh Divecha<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Anil Bamboli, Praveen Jain and Bhavyesh Divecha.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 03 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span>Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Fund return<\/th>\n<th>Benchmark return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1M<\/td>\n<td>0.38%<\/td>\n<td>-3.01%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>2.71%<\/td>\n<td>1.95%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>7.18%<\/td>\n<td>-4.4%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>7.95%<\/td>\n<td>5.74%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>6.8%<\/td>\n<td>6.27%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund has held up better than the benchmark over every period shown, which is important because the benchmark itself has been weak over some recent stretches. The 1-month figure is positive while the benchmark is negative, and the same broad gap appears over 1 year, where the fund remained comfortably ahead. That tells us the strategy has been more resilient than the benchmark when markets were uneven.<\/p>\n<p>Over the medium term, the pattern is still constructive. The 3-year return is higher than the 5-year return, which suggests the fund has delivered a better recent run than its longer horizon average. Even so, the 5-year figure is close to the benchmark and remains in positive territory, so the long-term compounding story is not dependent on a single short burst of strength.<\/p>\n<p>The daily movement pattern is also not especially erratic. The recent trend shows small steps rather than sharp swings, which fits a debt-oriented allocation. For investors, that usually matters more than chasing the highest short-term number, because the main question is whether the fund can preserve a relatively steady path while still adding return over time.<\/p>\n<p>Our view is that the fund has been more stable than the benchmark recently and more effective than the benchmark over longer periods, but the margin over 5 years is modest. That makes the fund more appealing for investors who value steadier debt-style behaviour over a high-octane return profile.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 03 Sep 2026<\/small><\/p>\n<section class=\"univest-mf-premium-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;border:1px solid #d8e3f0;background:#f7faff\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Should_you_BUY_or_HOLD_HDFC_Medium_Term\"><\/span>Should you BUY or HOLD HDFC Medium Term?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A fund&#8217;s past returns alone don&#8217;t tell you whether you should buy it today or continue holding it.<\/p>\n<p>The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.<\/p>\n<p><strong>Already holding HDFC Medium Term? Thinking of investing now?<\/strong><\/p>\n<p><a href=\"https:\/\/univest.in\/mutual-funds\" style=\"font-weight:700;text-decoration:none\">Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium<\/a><\/p>\n<\/section>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Peer_comparison\"><\/span>Peer comparison<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Fund<\/th>\n<th>1Y return<\/th>\n<th>3Y return<\/th>\n<th>5Y return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/hdfc-medium-term-fund-g-direct-plan\">HDFC Medium Term Fund Direct Growth Plan<\/a><\/td>\n<td>7.18%<\/td>\n<td>7.95%<\/td>\n<td>6.8%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/aditya-birla-sl-medium-term-fund-g-direct-plan\">Aditya Birla SL Medium Term Fund Direct Growth Plan<\/a><\/td>\n<td>9.67%<\/td>\n<td>10.64%<\/td>\n<td>12.75%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/icici-pru-medium-term-fund-g-direct-plan\">ICICI Pru Medium Term Fund Direct Growth Plan<\/a><\/td>\n<td>8.13%<\/td>\n<td>8.53%<\/td>\n<td>7.42%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/kotak-medium-term-fund-g-direct-plan\">Kotak Medium Term Fund Direct Growth Plan<\/a><\/td>\n<td>8%<\/td>\n<td>9.02%<\/td>\n<td>7.46%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/sbi-medium-term-fund-g-direct-plan\">SBI Medium Term Fund Direct Growth Plan<\/a><\/td>\n<td>7.39%<\/td>\n<td>7.89%<\/td>\n<td>6.87%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/axis-medium-term-fund-g-direct-plan\">Axis Medium Term Fund Direct Growth Plan<\/a><\/td>\n<td>7.29%<\/td>\n<td>8.43%<\/td>\n<td>7.37%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639. On the return figures available here, the fund trails the stronger peer numbers over 1 year, 3 years and 5 years. The gap is most visible over 3 years and 5 years, where some peers have compounded at notably higher rates, while the current fund stays in a steadier but less forceful band.<\/p>\n<p>That does not change the short-term story completely, because the fund still shows a cleaner recent pattern than the benchmark. But when we compare it with peers, the longer-term picture is softer. So the choice here is less about chasing the strongest return and more about accepting a smoother debt-fund profile that has delivered adequate, not standout, compounding relative to the group.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 03 Sep 2026<\/small><\/p>\n<div class=\"univest-peer-login-cta\" style=\"margin:20px 0;padding:16px 18px;border:1px solid #d8e3f0;border-radius:8px;background:#f7faff\">\n<p style=\"margin:0\"><strong>Want to know more?<\/strong> <a href=\"https:\/\/univest.in\/user\/log-in\" style=\"font-weight:700;text-decoration:none\">Log in to Univest<\/a> for more mutual fund insights.<\/p>\n<\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Portfolio_where_your_money_goes\"><\/span>Portfolio: where your money goes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding<\/th>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Siddhivinayak Securitisation Trust (Originator &#8211; Sikka Ports &amp; Terminals Limited)^<\/td>\n<td>PTC &amp; Securitized Debt<\/td>\n<td>4.82%<\/td>\n<\/tr>\n<tr>\n<td>5% GMR Airports Limited<\/td>\n<td>Corporate Debt<\/td>\n<td>4.41%<\/td>\n<\/tr>\n<tr>\n<td>7.18% GOI Mat 240737<\/td>\n<td>Government Securities<\/td>\n<td>3.68%<\/td>\n<\/tr>\n<tr>\n<td>Jubilant Beverages Limited^<\/td>\n<td>Corporate Debt<\/td>\n<td>3.32%<\/td>\n<\/tr>\n<tr>\n<td>Net Current Assets<\/td>\n<td>Cash &amp; Cash Equivalents and Net Assets<\/td>\n<td>3.07%<\/td>\n<\/tr>\n<tr>\n<td>6.68% GOI Mat 070740<\/td>\n<td>Government Securities<\/td>\n<td>2.96%<\/td>\n<\/tr>\n<tr>\n<td>7.23% GOI Mat 150439^<\/td>\n<td>Government Securities<\/td>\n<td>2.96%<\/td>\n<\/tr>\n<tr>\n<td>7.83% Small Industries Development Bank^<\/td>\n<td>Corporate Debt<\/td>\n<td>2.78%<\/td>\n<\/tr>\n<tr>\n<td>8.35% Kalpataru Projects International Ltd^<\/td>\n<td>Corporate Debt<\/td>\n<td>2.78%<\/td>\n<\/tr>\n<tr>\n<td>9.25% SK Finance Limited^<\/td>\n<td>Corporate Debt<\/td>\n<td>2.78%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The largest disclosed holding is 4.82%, so no single position dominates the portfolio on its own. The drop from the first holding to the tenth is modest rather than dramatic, which suggests the fund spreads its exposure across multiple debt instruments instead of leaning too heavily on one line item.<\/p>\n<p>The top 10 holdings account for approximately 33.56% of the portfolio, and the fund discloses 56 holdings in total. That combination points to a meaningfully longer tail below the largest positions, so the portfolio may be diversified across many smaller lines even though the biggest holdings still matter. The blend of securitised debt, corporate debt, government securities and cash-like exposure also means the fund may be balancing yield and stability rather than concentrating only in one bucket.<\/p>\n<p>Because the disclosed holdings together cover only part of the portfolio, the visible list should be read as a concentration snapshot rather than the full picture. Even so, the structure looks measured, and the largest positions are likely to have greater influence than the smaller tail without making the fund look narrowly built.<\/p>\n<p>To see all holdings, visit the <a href=\"https:\/\/univest.in\/mutual-funds\/hdfc-medium-term-fund-g-direct-plan\">HDFC Medium Term Fund Direct Growth Plan<\/a> page<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 03 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund may suit investors who can accept Medium Risk in exchange for a debt-oriented return pattern that has stayed ahead of the benchmark across the periods shown. The 1-year and 3-year figures are stronger than the 5-year figure, so the recent trend has been better than the longer view, but not in a way that looks erratic.<\/p>\n<p>A longer investment horizon is more sensible here than a very short one, because the return profile is shaped by incremental compounding rather than sharp jumps. The main trade-off is that investors may give up the possibility of stronger peer-style upside in return for a steadier path and a portfolio that mixes corporate debt, sovereign securities and securitised exposure.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Tax_and_exit_load\"><\/span>Tax and exit load<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding period<\/th>\n<th>Tax rate<\/th>\n<th>Description<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Units held less than 1 year<\/td>\n<td>20%<\/td>\n<td>Short-term capital gains tax<\/td>\n<\/tr>\n<tr>\n<td>Units held more than 1 year<\/td>\n<td>12.5%<\/td>\n<td>Long-term capital gains tax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Exit load:<\/strong> No exit load.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 03 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>What is the current NAV of HDFC Medium Term Fund Direct Growth Plan?<\/strong><br \/>Its current NAV is \u20b966.0225 as of 03 Sep 2026.<\/p>\n<p><strong>What are the fund\u2019s 1-year, 3-year and 5-year returns?<\/strong><br \/>The fund\u2019s 1-year, 3-year and 5-year returns are 7.18%, 7.95% and 6.8%.<\/p>\n<p><strong>How has the fund performed against its benchmark?<\/strong><br \/>It has outpaced the benchmark across 1 month, 3 months, 1 year, 3 years and 5 years. The gap is especially visible over 1 year, where the benchmark return is negative.<\/p>\n<p><strong>How does it compare with peer funds on available return data?<\/strong><br \/>Its return profile is steadier but softer than the stronger peer figures shown here. Several peers have higher 1-year, 3-year and 5-year returns.<\/p>\n<p><strong>What is the minimum SIP amount?<\/strong><br \/>The minimum SIP amount is \u20b9100.<\/p>\n<p><strong>Who manages the fund and what is the exit load?<\/strong><br \/>The fund is managed by Anil Bamboli, Praveen Jain and Bhavyesh Divecha. There is no exit load.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>HDFC Medium Term Fund Direct Growth Plan has a steadier return profile than its benchmark and a longer-term track record that is positive, though not especially punchy. Compared with peers, the available numbers show that it has lagged stronger compounding elsewhere, but the fund\u2019s own pattern is more measured and less dependent on sudden swings. Its Medium Risk tag and mix of securitised debt, corporate debt and government securities make it a fit for investors who want debt-style compounding with some credit exposure and a longer holding horizon.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 4 September 2026 at 10:42 AM IST<\/p>\n<section class=\"univest-login-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;background:#eef5ff;border:1px solid #cddff7;text-align:center\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Explore_mutual_funds_with_Univest\"><\/span>Explore mutual funds with Univest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Review mutual fund data, compare performance and explore fund insights on Univest.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\" style=\"display:inline-block;padding:11px 20px;border-radius:6px;background:#1f4e79;color:#fff !important;text-decoration:none;font-weight:700\">Explore Univest<\/a><\/p>\n<\/section>\n<section class=\"univest-disclaimer\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"RIA_disclosure\"><\/span>RIA disclosure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.<\/p>\n<\/section>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"InvestmentFund\",\"name\":\"HDFC Medium Term Fund Direct Growth Plan\",\"identifier\":\"hdfc-medium-term-fund-g-direct-plan\",\"category\":\"Debt\",\"dateCreated\":\"01 Jan 2013\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":66.0225,\"valueReference\":\"as of 03 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"3599 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.67\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":7.18},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":7.95},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":6.8},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Anil Bamboli, Praveen Jain, Bhavyesh Divecha\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of HDFC Medium Term Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its current NAV is \u20b966.0225 as of 03 Sep 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund\u2019s 1-year, 3-year and 5-year returns are 7.18%, 7.95% and 6.8%.\"}},{\"@type\":\"Question\",\"name\":\"How has the fund performed against its benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has outpaced the benchmark across 1 month, 3 months, 1 year, 3 years and 5 years. The gap is especially visible over 1 year, where the benchmark return is negative.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with peer funds on available return data?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its return profile is steadier but softer than the stronger peer figures shown here. Several peers have higher 1-year, 3-year and 5-year returns.\"}},{\"@type\":\"Question\",\"name\":\"What is the minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The minimum SIP amount is \u20b9100.\"}},{\"@type\":\"Question\",\"name\":\"Who manages the fund and what is the exit load?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund is managed by Anil Bamboli, Praveen Jain and Bhavyesh Divecha. There is no exit load.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Person\",\"name\":\"{{ANALYST_NAME}}\",\"affiliation\":{\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\"},\"description\":\"Uniapps Investment Adviser Pvt. Ltd. \u2014 SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HDFC Medium Term Fund Direct Growth Plan has a NAV of \u20b966.0225 as of 03 Sep 2026, with 1-year, 3-year and 5-year returns of 7.18%, 7.95% and 6.8%.<\/p>\n","protected":false},"author":29,"featured_media":230822,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-230824","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["230822"],"rank_math_title":["HDFC Medium Term Fund Review 2026: NAV &amp; Returns"],"rank_math_description":["HDFC Medium Term Fund Direct Growth Plan NAV is \u20b966.0225 as of 03 Sep 2026; 1Y return is 7.18%. Read our 2026 review."],"rank_math_focus_keyword":["HDFC Medium Term Fund Direct Growth Plan review"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/HDFC_Medium_Term_Fund_Direct_Growth_Review_2026_NAV_Returns_Portfolio_Should_You_Invest_neutral.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/230824","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=230824"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/230824\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/230822"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=230824"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=230824"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=230824"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}