HDFC Floating Rate Debt Fund - Growth - Regular Plan

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

₹36.5736 0.08 %Nav, as on 10-08-2020
Previous Nav
₹ 36.5429
Net Change on 10-08-2020
₹0.03
PersonalFN Rating
Category
Debt - Floater Fund
Assets (Cr.)
₹ 10,897.06
Expense Ratio
0.48%
(As on Jun 30, 2020)

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 (₹)
33.53
52 Week Low Nav Date
09-Aug-2019
52 Week High Nav (₹)
36.54
52 Week High Nav Date
07-Aug-2020

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	8.30	12.91	9.04	7.94	8.13	8.29
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		9.04	7.94	8.13	0.48	10,897.06

Fund Holdings as on 31-July-2020

Company % Assets
7.59 GOI 2026
4.04
6.79 GOI 2027
3.79
Nabha Power Ltd. (Corporate Guarantee of L&T Ltd.)^
3.47
TREPS - Tri-party Repo
3.30
Axis Bank Ltd.^
3.22
Tata Teleservices Ltd.^
3.08
Tata Motors Ltd.^
2.70
Union Bank of India^
2.63
Sikka Port and Terminal Ltd. (erstwhile Reliance Ports and Terminals Ltd.)
2.52
National Bank for Agri & Rural Dev.^
2.48
Canara Bank^
2.42
National Bank for Agri & Rural Dev.
2.15
Housing Development Fin. Corp. Ltd.£
2.15
Housing Development Fin. Corp. Ltd.£^
2.11
National Bank for Agri & Rural Dev.^
1.81
The Federal Bank Ltd.^
1.80
Aditya Birla Finance Ltd.^
1.68
Vedanta Ltd.^
1.68
REC Limited.^
1.66
LIC Housing Finance Ltd.^
1.56
ICICI Bank Ltd.^
1.49
Sikka Port and Terminal Ltd. (erstwhile Reliance Ports and Terminals Ltd.)^
1.45
REC Limited.
1.42
Manappuram Finance Ltd.^
1.29
Net Current Assets
1.21
REC Limited.
1.21
REC Limited.^
1.19
L&T INFRASTRUCTURE FINANCE LTD.^
1.16
Axis Bank Ltd.^
1.13
Reliance Jio Infocomm Ltd.^
1.12
Canara Bank
1.08
Power Finance Corporation Ltd.
1.05
6.97 GOI 2026
0.99
Reliance Industries Ltd.
0.96
Power Finance Corporation Ltd.
0.95
National Housing Bank^
0.94
L&T INFRASTRUCTURE FINANCE LTD.^
0.93
National Housing Bank^
0.93
Canara Bank^
0.92
TATA Capital Housing Finance Ltd.^
0.91
The Federal Bank Ltd.^
0.91
SCB Inv & Loan (I) Ltd^
0.90
State Bank of India^
0.83
TMF Holdings Ltd. (Subsidiary of Tata Motors Ltd.)^
0.77
Axis Bank Ltd.^
0.70
Housing Development Fin. Corp. Ltd.£^
0.70
Axis Bank Ltd.^
0.68
National Bank for Agri & Rural Dev.^
0.68
National Bank for Agri & Rural Dev.^
0.68
LIC Housing Finance Ltd.^
0.67
Small Industries Development Bank^
0.67
Vedanta Ltd.^
0.65
IndInfravit Trust^
0.60
PNB Housing Finance Ltd.^
0.60
Indusind Bank Ltd.^
0.58
REC Limited.
0.58
7.27 GOI 2026
0.55
LIC Housing Finance Ltd.^
0.53
NIIF INFRASTRUCTURE FINANCE LTD^
0.51
Power Finance Corporation Ltd.^
0.49
Housing Development Fin. Corp. Ltd.£^
0.49
LIC Housing Finance Ltd.^
0.49
Housing Development Fin. Corp. Ltd.£^
0.49
National Bank for Agri & Rural Dev.^
0.48
Larsen and Toubro Ltd.^
0.48
National Highways Authority of India^
0.48
REC Limited.^
0.47
REC Limited.
0.47
Bharat Petroleum Corporation Ltd.^
0.47
Manappuram Finance Ltd.^
0.47
Manappuram Finance Ltd.^
0.46
Axis Bank Ltd.^
0.46
Tata Motors Ltd.^
0.45
NTPC Limited^
0.43
Power Finance Corporation Ltd.^
0.43
Vedanta Ltd.^
0.41
Power Finance Corporation Ltd.^
0.39
Reliance Industries Ltd.^
0.38
AUROUS TRUST JAN 20 (PTC of pools from IIFL Finance Limited)^
0.32
First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Limited)^
0.28
First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Limited)^
0.25
Power Finance Corporation Ltd.^
0.24
REC Limited.^
0.24
Power Finance Corporation Ltd.
0.24
REC Limited.^
0.24
Power Finance Corporation Ltd.^
0.24
Power Finance Corporation Ltd.^
0.24
Power Finance Corporation Ltd.^
0.24
Housing Development Fin. Corp. Ltd.£^
0.24
State Bank of India^
0.23
Gujarat Road and Infra Co Ltd.^
0.23
Bank of Baroda
0.23
5.79 GOI 2030
0.23
Oriental Bank of Commerce^
0.23
Tata Motors Ltd.^
0.23
Bank of Baroda^
0.22
Power Finance Corporation Ltd.
0.19
Power Finance Corporation Ltd.^
0.18
Housing and Urban Development Corporation Ltd.^
0.17
State Bank of India^
0.14
Vedanta Ltd.^
0.14
LIC Housing Finance Ltd.^
0.10
Power Finance Corporation Ltd.^
0.10
Power Finance Corporation Ltd.
0.07
First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Limited)^
0.06
First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Limited)^
0.06
First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Limited)^
0.06
First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Limited)^
0.06
Housing Development Fin. Corp. Ltd.£^
0.05
Reliance Industries Ltd.^
0.05
Jamnagar Utilities & Power Pvt. Ltd. (erstwhile Reliance Utilities & Power Pvt. Ltd.)^
0.05
REC Limited.^
0.05
REC Limited.^
0.05
Tata Sons Ltd.^
0.04

Sector Holding%
Miscellaneous
59.29

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
JM Short Term Fund
JM Ultra Short Duration Fund

Chirag Dagli

Holding Type Holding %
CARE - A+
3.50
CARE - A1+
2.71
CARE - AA
1.53
CARE - AA-
2.63
CARE - AAA
5.60
Cash
4.51
CRISIL - A1+
16.81
CRISIL - A1+(SO)
0.32
CRISIL - AA
5.09
CRISIL - AA+
1.99
CRISIL - AAA
30.51
CRISIL - AAA(SO)
0.77
ICRA - A1+
2.84
ICRA - AA-
0.77
ICRA - AAA
3.83
ICRA - AAA(CE)
3.47
IND - A1+
3.16
IND - AAA
0.41
Sovereign
9.60

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 ₹10,897.06 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 ₹0.03(0.08%)yesterday to ₹36.5736.

Among its top 3 holdings the fund has exposure to 7.59 GOI 2026, 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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