HDFC Floating Rate Debt Fund - Growth - Regular Plan

Item: HDFC Floating Rate Debt Fund - Growth - Regular Plan
Rating: 1
Author: PersonalFN

₹39.6378 (0%)Nav, as on 01-07-2022
Previous Nav
₹ 39.6385
Net Change on 01-07-2022
₹0
PersonalFN Rating
Category
Debt - Floater Fund
Assets (Cr.)
₹ 18,174.08
Expense Ratio
0.48%
(As on May 31, 2022)

Fund Overview Growth | Regular Plan

Fund House
HDFC Mutual Fund
Launch Date
23-Oct-2007
Benchmark
Crisil 10 Yr Gilt Index
Minimum Investment (₹)
5,000
Minimum Addl Investment (₹)
1
Exit Load (%)
Nil
Minimum SIP Investment (₹)
300
Minimum STP Investment (₹)
500
Minimum SWP Investment (₹)
500
52 Week Low Nav (₹)
38.45
52 Week Low Nav Date
01-Jul-2021
52 Week High Nav (₹)
39.73
52 Week High Nav Date
02-May-2022

Fund Objective

To generate income / capital appreciation through investment in a portfolio comprising substantially of floating rate debt, fixed rate debt instruments swapped for floating rate returns and money market instruments. There is no assurance that the investment objective of the Scheme will be realized.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
HDFC Floating Rate Debt Fund - Growth Option	0.22	0.39	3.09	6.16	6.61	7.78
Crisil 10 Yr Gilt Index	N/A	N/A	N/A	N/A	N/A	N/A
NIFTY Low Duration Debt Index	N/A	N/A	N/A	N/A	N/A	N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name	Launch Date	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
HDFC Floating Rate Debt Fund - Growth Option	Oct 23, 2007	3.09	6.16	6.61	0.48	18,174.08
ICICI Prudential Floating Interest Fund - Growth	Nov 17, 2005	1.86	5.83	6.15	1.33	15,667.49
Aditya Birla Sun Life Floating Rate Fund-Regular Plan-Growth	Mar 25, 2009	3.69	6.08	6.63	0.48	14,069.27
Nippon India Floating Rate Fund - Growth Plan-Growth Option	Sep 02, 2004	3.13	6.76	6.62	0.61	13,473.12
Franklin India Floating Rate Fund - Growth Plan	Apr 23, 2001	2.69	4.69	5.45	0.98	317.21

Fund Holdings as on 31-May-2022

Company % Assets
Floating Rate GOI 2034^
12.67
182 days Tbill ISD 260522 Mat 241122
5.36
Floating Rate GOI 2028^
5.12
Floating Rate GOI 2033^
4.73
Housing Development Fin. Corp. Ltd.£^
3.59
TREPS - Tri-party Repo
3.29
Power Finance Corporation Ltd.^
3.05
Panatone Finvest Ltd.^
2.90
REC Limited.^
2.37
Embassy Office Parks REIT^
2.19
Net Current Assets
1.97
Muthoot Finance Ltd.^
1.95
National Bank for Agri & Rural Dev.^
1.73
National Bank for Agri & Rural Dev.^
1.73
TMF Holdings Ltd. (Subsidiary of Tata Motors Ltd.)^
1.64
Sikka Port and Terminal Ltd. (erstwhile Reliance Ports and Terminals Ltd.)^
1.44
Power Finance Corporation Ltd.^
1.41
Muthoot Finance Ltd.^
1.38
National Housing Bank^
1.29
Reverse Repo
1.11
Vedanta Ltd.^
1.10
Housing Development Fin. Corp. Ltd.£^
1.08
TMF Holdings Ltd. (Subsidiary of Tata Motors Ltd.)^
1.07
Reliance Industries Ltd.^
0.99
Indian Railways Finance Corp. Ltd.^
0.95
Power Finance Corporation Ltd.^
0.95
NTPC Limited
0.94
7.72 GOI 2025
0.93
Tata Teleservices Ltd.^
0.92
Grasim Industries Ltd.^
0.83
Tata Motors Finance Ltd.^
0.82
Hinduja Leyland Finance Ltd.^
0.82
Vedanta Ltd.^
0.82
Sundaram Home Finance Limited^
0.80
L&T Metro Rail (Hyderabad) Ltd^
0.80
TATA Capital Housing Finance Ltd.^
0.75
Floating Rate GOI 2024^
0.73
Embassy Office Parks REIT^
0.69
REC Limited.^
0.69
Fullerton India Home Finance Company Ltd.^
0.69
Motilal Oswal Finvest Limited^
0.69
National Housing Bank^
0.67
Power Finance Corporation Ltd.^
0.67
Bajaj Housing Finance Ltd.^
0.67
Larsen and Toubro Ltd.^
0.61
Muthoot Finance Ltd.^
0.56
L&T Finance Limited^
0.56
National Housing Bank^
0.54
Fullerton India Home Finance Company Ltd.^
0.54
L&T Metro Rail (Hyderabad) Ltd^
0.54
REC Limited.^
0.54
6.58% Gujarat SDL - Mat 310327^
0.53
Jamnagar Utilities & Power Pvt. Ltd. (erstwhile Reliance Utilities & Power Pvt. Ltd.)
0.53
TMF Holdings Ltd. (Subsidiary of Tata Motors Ltd.) (Perpetual)^
0.51
REC Limited.^
0.49
Bajaj Housing Finance Ltd.^
0.46
REC Limited.^
0.45
REC Limited.^
0.42
Reliance Industries Ltd.^
0.41
India Grid Trust^
0.41
National Bank for Agri & Rural Dev.^
0.40
7.59 GOI 2026
0.39
Housing Development Fin. Corp. Ltd.£^
0.39
Union Bank of India (Perpetual) (AT1) (Basel III)
0.36
Tata Capital Ltd.^
0.35
IndInfravit Trust^
0.35
Tata Motors Finance Solutions Ltd.^
0.33
TATA Capital Housing Finance Ltd.^
0.32
REC Limited.^
0.28
LIC Housing Finance Ltd.
0.28
7.89% Gujarat SDL - Mat 150525^
0.28
Manappuram Finance Ltd.^
0.28
Vedanta Ltd.^
0.28
Larsen and Toubro Ltd.^
0.28
Reliance Industries Ltd.^
0.28
LIC Housing Finance Ltd.^
0.28
Power Finance Corporation Ltd.^
0.28
LIC Housing Finance Ltd.^
0.28
Cholamandalam Investment & Finance^
0.27
L&T Finance Limited^
0.27
Bajaj Finance Ltd.^
0.27
Hindustan Petroleum Corp. Ltd.^
0.27
TMF Holdings Ltd. (Subsidiary of Tata Motors Ltd.) (Perpetual)^
0.26
NTPC Limited^
0.26
Power Finance Corporation Ltd.^
0.25
Reliance Industries Ltd.^
0.22
Power Finance Corporation Ltd.^
0.22
First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Limited)^
0.19
Sikka Port and Terminal Ltd. (erstwhile Reliance Ports and Terminals Ltd.)^
0.17
First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Limited)^
0.17
L&T Finance Limited
0.14
Power Finance Corporation Ltd.^
0.14
Sundaram Home Finance Limited^
0.14
REC Limited.^
0.14
Housing and Urban Development Corporation Ltd.^
0.14
REC Limited.^
0.14
Housing and Urban Development Corporation Ltd.^
0.14
6.97 GOI 2026
0.14
Housing Development Fin. Corp. Ltd.£^
0.14
REC Limited.^
0.14
John Deere Financial India Pvt. Ltd.^
0.13
Housing Development Fin. Corp. Ltd.£^
0.13
7.32 GOI 2024
0.11
National Bank for Agri & Rural Dev.^
0.11
Flometallic India Pvt Ltd.^
0.08
8.63% Kerala SDL - Mat 060323^
0.06
REC Limited.^
0.06
First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Limited)^
0.04
Power Finance Corporation Ltd.^
0.04
First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Limited)^
0.04
First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Limited)^
0.04
First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Limited)^
0.04
8.65% Karnataka SDL - Mat 200323^
0.03
8.64% Andhra Pradesh SDL - Mat 060323^
0.03
Jamnagar Utilities & Power Pvt. Ltd. (erstwhile Reliance Utilities & Power Pvt. Ltd.)^
0.03
REC Limited.^
0.03
Housing Development Fin. Corp. Ltd.£^
0.03
5.15 GOI 2025^
0.03

Sector Holding%
Miscellaneous
56.01

Fund Manager

Shobhit Mehrotra

Education:B. Text.,M.S. MBA(Clemson University, SC,USA)
Experience:20 Years
Basic Details:Mr. Shobhit Mehrotra has collective experience of over 20 years in Fixed Income markets, Fixed Income dealing and credit rating etc. He is with HDFC AMC since Feb 2004. Prior to this he has worked with Templeton Asset Management (India) Pvt Ltd. And ICRA Ltd.
Funds Managed:
HDFC Credit Risk Debt Fund
HDFC Floating Rate Debt Fund
HDFC Hybrid Debt Fund
HDFC Income Fund
HDFC Medium Term Debt Fund
HDFC Retirement Savings Fund - Equity Plan
HDFC Retirement Savings Fund - Hybrid-Debt Plan
HDFC Retirement Savings Fund - Hybrid-Equity Plan

Priya Ranjan

Vikash Agarwal

Education:
Experience:
Basic Details:
Funds Managed:
HDFC Floating Rate Debt Fund
HDFC Money Market Fund
HDFC Ultra Short Term Fund
HDFC Ultra Short Term Fund

Holding Type Holding %
BRICKWORKS - AA
0.36
CARE - AA
0.28
CARE - AA-
1.15
CARE - AAA
1.86
Cash
6.37
CRISIL - A1+
5.98
CRISIL - AA
2.07
CRISIL - AA+
3.97
CRISIL - AA-
4.30
CRISIL - AAA
38.61
CRISIL - AAA(SO)
0.52
GOV - SOVRN
5.36
ICRA - AA+
1.21
ICRA - AAA
2.24
Sovereign
25.78

About HDFC Floating Rate Debt Fund

Scheme Analysis

HDFC Floating Rate Debt Fund is a Debt - Floater Fund fund and belongs to HDFC Mutual Fund. It was launched on 23-Oct-2007 and currently has an AUM of ₹18,174.08 crore. HDFC Floating Rate Debt Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and NIFTY Low Duration Debt Index as secondary index.

The NAV of HDFC Floating Rate Debt Fund ended down ₹0(0%)yesterday to ₹39.6378.

Among its top 3 holdings the fund has exposure to Floating Rate GOI 2034^, and

The HDFC Floating Rate Debt Fund is managed by Shobhit Mehrotra and Priya Ranjan.

Fund House Contact

Address:

HDFC House, 2nd floor, H.T. Parekh Marg, 165-166 Backbay Reclamation, Churchgate Mumbai - 400 020

Phone Number: +91 (22) 66316333

Email Address: cliser@hdfcindia.com

Fax Number: +91 (22) 22821144

Website: www.hdfcfund.com

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