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SBI MEDIUM DURATION FUND vs HDFC Medium Term Debt Fund

Updated June 2026 · both Medium Duration funds · metrics from AMFI NAVs

In short: HDFC Medium Term Debt Fund has the higher 3-year return (+7.73%); HDFC Medium Term Debt Fund has the lower expense ratio (0.69%); HDFC Medium Term Debt Fund has the better risk-adjusted return (Sharpe -0.29). This is analysis from past data, not a recommendation.

MetricSBI MEDIUM DURATION FUNDHDFC Medium Term Debt Fund
1Y return+5.65%+5.91%
3Y CAGR+7.57%+7.73%
5Y CAGR+6.70%+6.72%
Sharpe ratio-0.39-0.29
Max drawdown-1.7%-1.9%
Volatility1.4%1.5%
Alpha+0.80%+0.98%
Expense ratio (Direct)0.72%0.69%
AUM₹6.8K Cr₹3.8K 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 Medium Term Debt Fund has the lower Direct-plan expense ratio (0.69%), versus 0.72% for the other. Over long horizons a lower TER compounds into a meaningful difference.

Which has performed better over 3 years?

HDFC Medium Term Debt Fund has the higher 3-year CAGR (+7.73%). 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.

SBI MEDIUM DURATION FUND detailsHDFC Medium Term Debt Fund detailsOpen in interactive compare