SBI Fixed Maturity Plan (FMP) - Series 67 (1467 Days) vs HDFC FMP 1861D March 2022
Updated June 2026 · both Income funds · metrics from AMFI NAVs
In short: HDFC FMP 1861D March 2022 has the higher 3-year return (+7.49%); HDFC FMP 1861D March 2022 has the lower expense ratio (0.08%); SBI Fixed Maturity Plan (FMP) - Series 67 (1467 Days) has the better risk-adjusted return (Sharpe -0.18). This is analysis from past data, not a recommendation.
| Metric | SBI Fixed Maturity Plan (FMP) - Series 67 (1467 Days) | HDFC FMP 1861D March 2022 |
|---|---|---|
| 1Y return | +5.57% | +5.74% |
| 3Y CAGR | +7.09% | +7.49% |
| 5Y CAGR | - | - |
| Sharpe ratio | -0.18 | -0.34 |
| Max drawdown | -1.3% | -3.8% |
| Volatility | 1.1% | 2.0% |
| Alpha | +0.14% | +0.59% |
| Expense ratio (Direct) | 0.17% | 0.08% |
| AUM | ₹615 Cr | ₹493 Cr |
Winner on each row highlighted (lower is better for expense ratio and volatility; max drawdown closer to zero is better). Computed from AMFI NAVs - see methodology. No paid placement.
FAQ
Which has the lower expense ratio?
HDFC FMP 1861D March 2022 has the lower Direct-plan expense ratio (0.08%), versus 0.17% for the other. Over long horizons a lower TER compounds into a meaningful difference.
Which has performed better over 3 years?
HDFC FMP 1861D March 2022 has the higher 3-year CAGR (+7.49%). Past performance does not predict future returns - check volatility and drawdown too, shown above.
How are these figures calculated?
All returns, risk metrics and alpha are computed independently from AMFI daily NAVs using a disclosed methodology. FindMF takes no commission and this comparison is not a recommendation.