HDFC Short Term Debt Fund Investment Strategy HDFC Short Term Debt benefits from seasoned manager Anil Bamboli’s investment style, which focuses on keeping risks at bay. The basic premise is to offer a true-label short-term fund and to optimise returns without exposure to  extensive credit risk. Bamboli seeks to add value through security selection rather than taking duration bets as it is typically maintained within the fund’s defined investment mandate. The investment approach relies on fundamental research. It entails combining qualitative aspects with quantitative analysis. The investment team prepares the coverage list with a strong focus on company management and track record, financial strength of the promoter group, and corporate governance standards. Meetings with management are followed by rigorous quantitative analysis in which the focus is to get a measure of the company’s creditworthiness. The team studies the company’s cash flow and relevant ratios—leverage, coverage and solvency. At this step, the team also draws on the expertise of...