HDFC Floating Rate Debt Fund - Growth - Regular Plan

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

₹38.0027 0.03 %Nav, as on 15-04-2021
Previous Nav
₹ 37.9908
Net Change on 15-04-2021
₹0.01
PersonalFN Rating
Category
Debt - Floater Fund
Assets (Cr.)
₹ 16,559.12
Expense Ratio
0.48%
(As on Feb 28, 2021)

Fund Overview Growth | Regular Plan

Fund House
HDFC Mutual Fund
Launch Date
23-Oct-2007
Benchmark
Crisil 1 Yr T-Bill 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 (₹)
35.02
52 Week Low Nav Date
15-Apr-2020
52 Week High Nav (₹)
37.99
52 Week High Nav Date
12-Apr-2021

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 - Wholesale Growth Option	7.70	2.66	8.54	7.82	7.75	8.17
Crisil 1 Yr T-Bill Index	N/A	N/A	N/A	N/A	N/A	N/A
Crisil Liquid Fund 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	Ratings	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
HDFC Floating Rate Debt Fund - Wholesale Growth Option	Oct 23, 2007		8.54	7.82	7.75	0.48	16,559.12
Aditya Birla Sun Life Floating Rate Fund-Regular Plan-Growth	Mar 25, 2009		7.55	7.69	7.77	0.38	14,250.34
ICICI Prudential Floating Interest Fund - Growth	Nov 17, 2005		8.44	7.50	7.52	1.40	13,124.87
Nippon India Floating Rate Fund - Growth Plan-Growth Option	Sep 02, 2004		9.91	8.13	7.73	0.57	13,113.66
Franklin India Floating Rate Fund - Growth Plan	Apr 23, 2001	Unrated	5.42	6.35	6.23	0.96	307.79

Fund Holdings as on 31-March-2021

Company % Assets
Floating Rate GOI 2033
8.99
Reverse Repo
5.80
TREPS - Tri-party Repo
4.55
Axis Bank Ltd.^
3.62
Embassy Office Parks REIT^
2.42
Nabha Power Ltd. (Corporate Guarantee of L&T Ltd.)^
2.24
Muthoot Finance Ltd.^
2.15
Small Industries Development Bank^
2.03
Tata Teleservices Ltd.^
2.00
6.79 GOI 2027
1.90
7.59 GOI 2026^
1.84
Embassy Office Parks REIT^
1.68
Sikka Port and Terminal Ltd. (erstwhile Reliance Ports and Terminals Ltd.)^
1.65
Net Current Assets
1.65
Power Finance Corporation Ltd.
1.59
Canara Bank (Perpetual) (AT1) (Basel III)^
1.59
Small Industries Development Bank^
1.41
L&T INFRASTRUCTURE FINANCE LTD.^
1.39
Vedanta Ltd.^
1.21
Tata Motors Finance Ltd.^
1.18
National Bank for Agri & Rural Dev.
1.18
Tata Motors Finance Ltd.^
1.17
Aditya Birla Finance Ltd.^
1.15
REC Limited.^
1.08
Housing Development Fin. Corp. Ltd.£
1.07
Power Finance Corporation Ltd.
1.07
Indian Railways Finance Corp. Ltd.^
1.06
LIC Housing Finance Ltd.^
1.02
TMF Holdings Ltd. (Subsidiary of Tata Motors Ltd.)^
1.01
Reliance Industries Ltd.^
0.94
Grasim Industries Ltd.^
0.93
REC Limited.^
0.93
Axis Bank Ltd.^
0.91
Union Bank of India (Perpetual) (AT1) (Basel III)
0.88
TATA Capital Housing Finance Ltd.^
0.85
REC Limited.^
0.78
Power Finance Corporation Ltd.^
0.77
REC Limited.^
0.76
Housing Development Fin. Corp. Ltd.£
0.76
Housing Development Fin. Corp. Ltd.£
0.76
Motilal Oswal Finvest Limited^
0.75
Floating Rate GOI 2024^
0.75
Fullerton India Home Finance Company Ltd.^
0.74
6.97 GOI 2026
0.72
Canara Bank (Perpetual) (AT1) (Basel III)^
0.70
State Bank of India^
0.65
L&T INFRASTRUCTURE FINANCE LTD.^
0.63
Housing Development Fin. Corp. Ltd.£^
0.63
Power Finance Corporation Ltd.
0.62
National Housing Bank^
0.62
Power Finance Corporation Ltd.^
0.61
National Housing Bank^
0.61
Canara Bank (Perpetual) (AT1) (Basel III)^
0.61
Housing Development Fin. Corp. Ltd.£^
0.61
TMF Holdings Ltd. (Subsidiary of Tata Motors Ltd.)^
0.55
REC Limited.^
0.51
Reliance Industries Ltd.^
0.47
LIC Housing Finance Ltd.^
0.47
Housing Development Fin. Corp. Ltd.£^
0.46
Axis Bank Ltd. (Perpetual) (AT1) (Basel III)^
0.46
Vedanta Ltd.^
0.45
Housing Development Fin. Corp. Ltd.£
0.45
TATA Housing Development Co Ltd.^
0.44
Housing Development Fin. Corp. Ltd.£^
0.44
LIC Housing Finance Ltd.^
0.44
IndInfravit Trust^
0.40
Tata Motors Finance Solutions Ltd.^
0.36
Reliance Industries Ltd.
0.34
LIC Housing Finance Ltd.^
0.34
LIC Housing Finance Ltd.^
0.32
National Bank for Agri & Rural Dev.^
0.32
Power Finance Corporation Ltd.^
0.32
LIC Housing Finance Ltd.^
0.32
Reliance Industries Ltd.^
0.32
Manappuram Finance Ltd.^
0.31
Larsen and Toubro Ltd.^
0.31
National Bank for Agri & Rural Dev.^
0.31
Power Finance Corporation Ltd.
0.31
Power Finance Corporation Ltd.^
0.31
LIC Housing Finance Ltd.^
0.31
National Highways Authority of India
0.31
6.18 GOI 2024
0.31
Manappuram Finance Ltd.^
0.31
REC Limited.^
0.31
REC Limited.^
0.31
LIC Housing Finance Ltd.^
0.31
Punjab National Bank (Perpetual) (AT1) (Basel III)^
0.30
National Bank for Agri & Rural Dev.
0.30
Vedanta Ltd.^
0.30
Hindustan Petroleum Corp. Ltd.^
0.30
NTPC Limited
0.30
Tata Projects Ltd.^
0.30
Housing Development Fin. Corp. Ltd.£^
0.30
TMF Holdings Ltd. (Subsidiary of Tata Motors Ltd.) (Perpetual)^
0.28
8.2 GOI 2022
0.28
NTPC Limited^
0.28
Power Finance Corporation Ltd.^
0.28
Manappuram Finance Ltd.^
0.28
Reliance Industries Ltd.^
0.25
5.15 GOI 2025
0.24
Fedbank Financial Services Ltd.^
0.23
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.)^
0.19
First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Limited)^
0.17
7.32 GOI 2024
0.16
Power Finance Corporation Ltd.^
0.16
Power Finance Corporation Ltd.
0.16
Power Finance Corporation Ltd.^
0.16
Power Finance Corporation Ltd.^
0.16
REC Limited.^
0.16
NTPC Limited^
0.16
REC Limited.^
0.16
REC Limited.^
0.16
Power Finance Corporation Ltd.^
0.16
Power Finance Corporation Ltd.^
0.16
REC Limited.^
0.16
Housing and Urban Development Corporation Ltd.^
0.16
REC Limited.^
0.16
Power Finance Corporation Ltd.^
0.15
REC Limited.^
0.15
Bank of Baroda
0.15
Housing Development Fin. Corp. Ltd.£^
0.15
Indian Bank (Perpetual) (AT1) (Basel III)^
0.15
5.85 GOI 2030
0.15
Fedbank Financial Services Ltd.^
0.14
Power Finance Corporation Ltd.
0.13
National Bank for Agri & Rural Dev.
0.12
Housing and Urban Development Corporation Ltd.^
0.11
Power Finance Corporation Ltd.^
0.06
5.79 GOI 2030
0.06
Power Finance Corporation Ltd.^
0.05
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
First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Limited)^
0.04
Housing Development Fin. Corp. Ltd.£^
0.03
Jamnagar Utilities & Power Pvt. Ltd. (erstwhile Reliance Utilities & Power Pvt. Ltd.)^
0.03
REC Limited.^
0.03
Punjab National Bank (Perpetual) (AT1) (Basel III)
0.03
Tata Sons Ltd.^
0.03

Sector Holding%
Miscellaneous
58.88

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

Vikas Agrawal

Education:B.Com, PGDBM (Finance)
Experience:10 Years
Basic Details:Mr. Vikas Agrawal has 10 years of work experience in fixed income market and has worked with debt broking companies in area of debt capital markets (DCM). In his earlier assignments, he was responsible for trading,origination and placement of short term / long term debt products. He was associated with the AMC since June 2007 as Debt Dealer.
Funds Managed:
HDFC Floating Rate Debt Fund
HDFC Money Market Fund
JM Dynamic Debt Fund
JM Income Fund
JM Income Fund
JM Low Duration Fund

Sankalp Baid

Holding Type Holding %
BRICKWORKS - AA
1.18
CARE - A1+
5.83
CARE - AA
2.91
CARE - AA-
0.36
CARE - AAA
5.21
Cash
12.00
CRISIL - A1+
7.35
CRISIL - AA
1.04
CRISIL - AA+
2.61
CRISIL - AA-
2.99
CRISIL - AAA
36.77
CRISIL - AAA(SO)
0.52
ICRA - AA-
0.55
ICRA - AAA
2.75
ICRA - AAA(CE)
2.24
IND - AA
0.03
IND - AAA
0.27
Sovereign
15.40

About HDFC Floating Rate Debt Fund

NULL

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 ₹16,559.12 crore. HDFC Floating Rate Debt Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and Crisil Liquid Fund Index as secondary index.

The NAV of HDFC Floating Rate Debt Fund ended up ₹0.01(0.03%)yesterday to ₹38.0027.

Among its top 3 holdings the fund has exposure to Floating Rate GOI 2033, and

The HDFC Floating Rate Debt Fund is managed by Shobhit Mehrotra and Vikas Agrawal.

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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