HDFC Floating Rate Debt Fund - Growth - Regular Plan

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

₹39.3655 0.04 %Nav, as on 21-01-2022
Previous Nav
₹ 39.3504
Net Change on 21-01-2022
₹0.02
PersonalFN Rating
Category
Debt - Floater Fund
Assets (Cr.)
₹ 23,584.18
Expense Ratio
0.48%
(As on Dec 31, 2021)

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 (₹)
37.67
52 Week Low Nav Date
05-Feb-2021
52 Week High Nav (₹)
39.37
52 Week High Nav Date
21-Jan-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	5.10	2.61	4.33	7.18	7.09	7.98
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	4.33	7.18	7.09	0.48	23,584.18
Nippon India Floating Rate Fund - Growth Plan-Growth Option	Sep 02, 2004	4.31	7.84	7.03	0.59	18,946.57
Aditya Birla Sun Life Floating Rate Fund-Regular Plan-Growth	Mar 25, 2009	4.14	6.83	6.94	0.46	16,499.76
ICICI Prudential Floating Interest Fund - Growth	Nov 17, 2005	3.79	7.09	6.85	1.31	14,143.40
Franklin India Floating Rate Fund - Growth Plan	Apr 23, 2001	3.37	5.50	5.83	0.97	362.82

Fund Holdings as on 31-December-2021

Company % Assets
Floating Rate GOI 2034
9.64
TREPS - Tri-party Repo
7.06
Floating Rate GOI 2033
6.88
Floating Rate GOI 2028
3.78
Housing Development Fin. Corp. Ltd.£^
2.75
Power Finance Corporation Ltd.^
2.34
IDFC First Bank Limited^
2.08
Reverse Repo
1.99
Net Current Assets
1.91
REC Limited.^
1.80
Embassy Office Parks REIT^
1.71
Housing Development Fin. Corp. Ltd.£^
1.68
Muthoot Finance Ltd.^
1.51
Muthoot Finance Ltd.^
1.50
Tata Teleservices Ltd.^
1.47
National Bank for Agri & Rural Dev.^
1.37
Small Industries Development Bank
1.37
National Bank for Agri & Rural Dev.^
1.36
TMF Holdings Ltd. (Subsidiary of Tata Motors Ltd.)^
1.27
LIC Housing Finance Ltd.^
1.27
Embassy Office Parks REIT^
1.19
Sikka Port and Terminal Ltd. (erstwhile Reliance Ports and Terminals Ltd.)^
1.14
Power Finance Corporation Ltd.
1.11
National Housing Bank
1.01
Small Industries Development Bank^
0.97
Vedanta Ltd.^
0.86
Kotak Securities Ltd.^
0.84
Reliance Industries Ltd.^
0.78
Power Finance Corporation Ltd.^
0.75
7.72 GOI 2025^
0.74
Indian Railways Finance Corp. Ltd.
0.74
NTPC Limited^
0.74
Floating Rate GOI 2024
0.73
Indian Railways Finance Corp. Ltd.^
0.71
TMF Holdings Ltd. (Subsidiary of Tata Motors Ltd.)^
0.70
7.59 GOI 2026
0.68
REC Limited.^
0.66
Power Finance Corporation Ltd.^
0.65
Grasim Industries Ltd.^
0.65
Tata Motors Finance Ltd.^
0.64
Hinduja Leyland Finance Ltd.^
0.64
Deutsche Investments India Pvt. Ltd.^
0.63
Sundaram Home Finance Limited^
0.62
L&T Metro Rail (Hyderabad) Ltd^
0.60
TATA Capital Housing Finance Ltd.^
0.59
REC Limited.^
0.54
Power Finance Corporation Ltd.^
0.54
National Housing Bank^
0.53
Housing Development Fin. Corp. Ltd.£^
0.53
Motilal Oswal Finvest Limited^
0.53
Fullerton India Home Finance Company Ltd.^
0.53
Bajaj Housing Finance Ltd.^
0.53
6.97 GOI 2026
0.51
Larsen and Toubro Ltd.^
0.49
LIC Housing Finance Ltd.^
0.48
State Bank of India^
0.45
REC Limited.^
0.44
Muthoot Finance Ltd.^
0.44
L&T Finance Limited^
0.44
Power Finance Corporation Ltd.^
0.43
6.58% Gujarat SDL - Mat 310327^
0.43
National Housing Bank^
0.43
REC Limited.^
0.43
Union Bank of India (Perpetual) (AT1) (Basel III)^
0.42
Jamnagar Utilities & Power Pvt. Ltd. (erstwhile Reliance Utilities & Power Pvt. Ltd.)^
0.42
Fullerton India Home Finance Company Ltd.^
0.42
TMF Holdings Ltd. (Subsidiary of Tata Motors Ltd.) (Perpetual)
0.41
TMF Holdings Ltd. (Subsidiary of Tata Motors Ltd.)^
0.41
L&T Metro Rail (Hyderabad) Ltd^
0.41
REC Limited.^
0.38
REC Limited.^
0.35
Housing and Urban Development Corporation Ltd.^
0.34
Reliance Industries Ltd.^
0.33
6.1 GOI 2031
0.33
REC Limited.^
0.33
India Grid Trust^
0.32
National Bank for Agri & Rural Dev.^
0.32
Housing Development Fin. Corp. Ltd.£^
0.32
Housing Development Fin. Corp. Ltd.£^
0.30
IndInfravit Trust^
0.28
Tata Motors Finance Solutions Ltd.^
0.26
Reliance Industries Ltd.
0.24
8.46% Gujarat SDL - Mat 100226^
0.23
7.89% Gujarat SDL - Mat 150525^
0.23
REC Limited.^
0.23
LIC Housing Finance Ltd.^
0.22
National Bank for Agri & Rural Dev.^
0.22
LIC Housing Finance Ltd.^
0.22
Manappuram Finance Ltd.^
0.22
Reliance Industries Ltd.^
0.22
Larsen and Toubro Ltd.^
0.22
Power Finance Corporation Ltd.^
0.22
6.18 GOI 2024
0.22
Vedanta Ltd.^
0.22
Power Finance Corporation Ltd.^
0.22
LIC Housing Finance Ltd.^
0.22
National Bank for Agri & Rural Dev.
0.21
LIC Housing Finance Ltd.
0.21
Punjab National Bank (Perpetual) (AT1) (Basel III)^
0.21
L&T Finance Limited^
0.21
Manappuram Finance Ltd.^
0.21
TMF Holdings Ltd. (Subsidiary of Tata Motors Ltd.) (Perpetual)^
0.21
Bajaj Finance Ltd.^
0.21
Cholamandalam Investment & Finance^
0.21
LIC Housing Finance Ltd.^
0.21
Hindustan Petroleum Corp. Ltd.^
0.21
NTPC Limited^
0.21
Bahadur Chand Investments Pvt. Ltd.^
0.21
Power Finance Corporation Ltd.^
0.20
Power Finance Corporation Ltd.^
0.20
Manappuram Finance Ltd.^
0.19
Reliance Industries Ltd.^
0.17
Housing and Urban Development Corporation Ltd.^
0.17
Fedbank Financial Services Ltd.^
0.17
6.79 GOI 2027
0.15
8.2 GOI 2022
0.15
First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Limited)^
0.14
Sikka Port and Terminal Ltd. (erstwhile Reliance Ports and Terminals Ltd.)^
0.13
First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Limited)^
0.13
8.67% Karnataka SDL - Mat 240226^
0.12
8.28% Karnataka SDL - Mat 060326^
0.11
Power Finance Corporation Ltd.^
0.11
Power Finance Corporation Ltd.^
0.11
7.32 GOI 2024
0.11
Power Finance Corporation Ltd.^
0.11
Power Finance Corporation Ltd.^
0.11
Power Finance Corporation Ltd.^
0.11
L&T Finance Limited^
0.11
Sundaram Home Finance Limited^
0.11
REC Limited.^
0.11
REC Limited.^
0.11
Housing and Urban Development Corporation Ltd.^
0.11
Housing and Urban Development Corporation Ltd.^
0.11
Power Finance Corporation Ltd.^
0.11
NTPC Limited^
0.11
REC Limited.^
0.11
REC Limited.^
0.11
Indian Bank (Perpetual) (AT1) (Basel III)^
0.11
National Bank for Agri & Rural Dev.^
0.11
Housing Development Fin. Corp. Ltd.£^
0.11
John Deere Financial India Pvt. Ltd.^
0.11
5.63 GOI 2026
0.11
Housing Development Fin. Corp. Ltd.£^
0.10
National Bank for Agri & Rural Dev.
0.09
Housing and Urban Development Corporation Ltd.^
0.08
Flometallic India Pvt Ltd.^
0.06
5.79 GOI 2030
0.04
Power Finance Corporation Ltd.^
0.03
First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Limited)^
0.03
First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Limited)^
0.03
First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Limited)^
0.03
First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Limited)^
0.03
Housing Development Fin. Corp. Ltd.£^
0.02
Jamnagar Utilities & Power Pvt. Ltd. (erstwhile Reliance Utilities & Power Pvt. Ltd.)^
0.02
REC Limited.^
0.02
Punjab National Bank (Perpetual) (AT1) (Basel III)^
0.02
5.15 GOI 2025
0.02
Tata Sons Ltd.^
0.02

Sector Holding%
Miscellaneous
54.96

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

Sankalp Baid

Holding Type Holding %
BRICKWORKS - AA
0.65
CARE - A1+
2.28
CARE - AA
0.43
CARE - AA-
0.90
CARE - AAA
3.06
Cash
10.96
CRISIL - A1+
6.20
CRISIL - AA
0.19
CRISIL - AA+
3.62
CRISIL - AA-
4.14
CRISIL - AAA
38.45
CRISIL - AAA(SO)
0.39
ICRA - AA+
0.94
ICRA - AA-
0.41
ICRA - AAA
1.99
IND - AAA
0.19
Sovereign
25.21

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 ₹23,584.18 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 up ₹0.02(0.04%)yesterday to ₹39.3655.

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 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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