HDFC Floating Rate Debt Fund - Growth - Regular Plan

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

₹37.7391 0.04 %Nav, as on 25-01-2021
Previous Nav
₹ 37.7259
Net Change on 25-01-2021
₹0.01
PersonalFN Rating
Category
Debt - Floater Fund
Assets (Cr.)
₹ 15,273.59
Expense Ratio
0.48%
(As on Dec 31, 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 (₹)
34.56
52 Week Low Nav Date
24-Mar-2020
52 Week High Nav (₹)
37.78
52 Week High Nav Date
08-Jan-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	3.14	6.39	8.75	8.20	8.06	8.25
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		8.75	8.20	8.06	0.48	15,273.59
Nippon India Floating Rate Fund - Growth Plan-Growth Option	Sep 02, 2004		10.43	8.44	8.04	0.57	15,771.35
ICICI Prudential Floating Interest Fund - Growth	Nov 17, 2005		9.08	8.12	7.96	1.41	12,059.33
Aditya Birla Sun Life Floating Rate Fund-Regular Plan-Growth	Mar 25, 2009		7.77	8.04	8.11	0.39	8,925.72
Franklin India Floating Rate Fund - Growth Plan	Apr 23, 2001	Unrated	5.70	6.64	6.43	0.97	193.29

Fund Holdings as on 31-December-2020

Company % Assets
Axis Bank Ltd.^
4.92
TREPS - Tri-party Repo
4.90
Floating Rate GOI 2033
4.59
Embassy Office Parks REIT^
2.64
Nabha Power Ltd. (Corporate Guarantee of L&T Ltd.)^
2.45
6.79 GOI 2027
2.44
Muthoot Finance Ltd.^
2.34
Tata Teleservices Ltd.^
2.28
7.59 GOI 2026
2.16
Union Bank of India (Perpetual) (AT1) (Basel III)^
1.91
Embassy Office Parks REIT^
1.84
Sikka Port and Terminal Ltd. (erstwhile Reliance Ports and Terminals Ltd.)^
1.82
National Bank for Agri & Rural Dev.
1.80
Canara Bank (Perpetual) (AT1) (Basel III)^
1.76
L&T INFRASTRUCTURE FINANCE LTD.^
1.51
Power Finance Corporation Ltd.^
1.50
Net Current Assets
1.48
The Federal Bank Ltd.^
1.31
National Bank for Agri & Rural Dev.
1.31
Adani Ports & Special Economic Zone^
1.30
Tata Motors Finance Ltd.^
1.27
Tata Motors Finance Ltd.^
1.26
Vedanta Ltd.
1.24
Aditya Birla Finance Ltd.^
1.24
REC Limited.^
1.18
Housing Development Fin. Corp. Ltd.£^
1.17
LIC Housing Finance Ltd.^
1.11
ICICI Bank Ltd.^
1.08
Reliance Industries Ltd.^
1.03
REC Limited.^
1.02
Grasim Industries Ltd.^
1.02
State Bank of India
0.99
182 Days Tbill Mat 110321^
0.98
Manappuram Finance Ltd.^
0.93
TATA Capital Housing Finance Ltd.^
0.93
REC Limited.^
0.87
REC Limited.^
0.85
Power Finance Corporation Ltd.^
0.84
Housing Development Fin. Corp. Ltd.£^
0.83
Housing Development Fin. Corp. Ltd.£^
0.83
6.97 GOI 2026
0.81
Floating Rate GOI 2024^
0.81
Canara Bank (Perpetual) (AT1) (Basel III)^
0.77
State Bank of India^
0.73
Housing Development Fin. Corp. Ltd.£
0.69
L&T INFRASTRUCTURE FINANCE LTD.^
0.69
6.18 GOI 2024
0.69
National Bank for Agri & Rural Dev.^
0.68
Power Finance Corporation Ltd.^
0.68
National Housing Bank^
0.67
Power Finance Corporation Ltd.^
0.67
Canara Bank (Perpetual) (AT1) (Basel III)^
0.67
National Housing Bank^
0.67
SCB Inv & Loan (I) Ltd^
0.65
State Bank of India (Perpetual) (AT1) (Basel III)^
0.60
TMF Holdings Ltd. (Subsidiary of Tata Motors Ltd.)^
0.58
REC Limited.^
0.56
Reliance Industries Ltd.^
0.53
LIC Housing Finance Ltd.^
0.52
Axis Bank Ltd. (Perpetual) (AT1) (Basel III)^
0.51
Housing Development Fin. Corp. Ltd.£^
0.50
Axis Bank Ltd.^
0.49
National Bank for Agri & Rural Dev.^
0.49
National Bank for Agri & Rural Dev.^
0.49
Small Industries Development Bank^
0.49
Vedanta Ltd.^
0.48
LIC Housing Finance Ltd.^
0.48
TATA Housing Development Co Ltd.^
0.47
5.22 GOI 2025
0.46
IndInfravit Trust^
0.44
7.27 GOI 2026
0.43
Indusind Bank Ltd.^
0.42
Reliance Industries Ltd.^
0.38
LIC Housing Finance Ltd.^
0.38
LIC Housing Finance Ltd.^
0.36
National Bank for Agri & Rural Dev.^
0.35
Power Finance Corporation Ltd.^
0.35
Reliance Industries Ltd.^
0.35
Housing Development Fin. Corp. Ltd.£^
0.35
LIC Housing Finance Ltd.^
0.35
Larsen and Toubro Ltd.^
0.35
National Bank for Agri & Rural Dev.^
0.34
National Highways Authority of India^
0.34
LIC Housing Finance Ltd.^
0.34
Manappuram Finance Ltd.^
0.34
REC Limited.^
0.34
Manappuram Finance Ltd.^
0.34
REC Limited.^
0.34
LIC Housing Finance Ltd.^
0.33
Hindustan Petroleum Corp. Ltd.^
0.33
NTPC Limited
0.33
Housing Development Fin. Corp. Ltd.£
0.33
Bharat Petroleum Corporation Ltd.
0.33
TATA Housing Development Co Ltd.^
0.33
Tata Projects Ltd.^
0.32
Vedanta Ltd.
0.31
NTPC Limited^
0.31
Power Finance Corporation Ltd.^
0.31
Reliance Industries Ltd.^
0.27
HSBC InvestDirect Financial Services (India) Ltd.^
0.26
Sikka Port and Terminal Ltd. (erstwhile Reliance Ports and Terminals Ltd.)^
0.21
First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Limited)^
0.21
First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Limited)^
0.19
7.32 GOI 2024
0.18
Housing Development Fin. Corp. Ltd.£^
0.17
Power Finance Corporation Ltd.^
0.17
Power Finance Corporation Ltd.^
0.17
Power Finance Corporation Ltd.^
0.17
Power Finance Corporation Ltd.^
0.17
REC Limited.^
0.17
NTPC Limited^
0.17
REC Limited.^
0.17
Power Finance Corporation Ltd.^
0.17
REC Limited.^
0.17
Power Finance Corporation Ltd.^
0.17
REC Limited.^
0.17
State Bank of India (Perpetual) (AT1) (Basel III)^
0.17
Power Finance Corporation Ltd.^
0.17
REC Limited.^
0.17
5.85 GOI 2030
0.16
Bank of Baroda
0.16
Fedbank Financial Services Ltd.^
0.15
Power Finance Corporation Ltd.^
0.12
Housing and Urban Development Corporation Ltd.^
0.12
State Bank of India^
0.10
AUROUS TRUST JAN 20 (PTC of pools from IIFL Finance Limited)^
0.09
Gujarat Road and Infra Co Ltd.^
0.08
LIC Housing Finance Ltd.^
0.07
Power Finance Corporation Ltd.^
0.07
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)^
0.05
First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Limited)^
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
Housing Development Fin. Corp. Ltd.£^
0.04
Jamnagar Utilities & Power Pvt. Ltd. (erstwhile Reliance Utilities & Power Pvt. Ltd.)^
0.03
REC Limited.^
0.03
Tata Sons Ltd.^
0.03
Tata Sons Ltd.^
0.03

Sector Holding%
Miscellaneous
62.87

Fund Manager

Anand Laddha

Education:B. Com.,A.C.A.
Experience:5 Year
Basic Details:Mr. Anand Laddha having 5 years of experience in Equity & Derivative Research and Sales. from Feb 2006 till date he is working with HDFC Asset Management Company Limited
Funds Managed:
HDFC Arbitrage Fund
HDFC Balanced Advantage Fund
HDFC Banking and PSU Debt Fund
HDFC Capital Builder Value Fund
HDFC Corporate Bond Fund
HDFC Credit Risk Debt Fund
HDFC Dividend Yield Fund
HDFC Dynamic Debt Fund
HDFC Equity Fund
HDFC Floating Rate Debt Fund
HDFC Focused 30 Fund
HDFC Gilt Fund
HDFC Growth Opportunities Fund
HDFC Growth Opportunities Fund
HDFC Housing Opportunities Fund
HDFC Hybrid Debt Fund
HDFC Hybrid Equity Fund
HDFC Income Fund
HDFC Liquid Fund
HDFC Low Duration Fund
HDFC Medium Term Debt Fund
HDFC Mid-Cap Opportunities Fund
HDFC Money Market Fund
HDFC Overnight Fund
HDFC Retirement Savings Fund - Equity Plan
HDFC Retirement Savings Fund - Hybrid-Debt Plan
HDFC Retirement Savings Fund - Hybrid-Equity Plan
HDFC Short Term Debt Fund
HDFC Small Cap Fund
HDFC Tax Saver
HDFC Top 100 Fund
HDFC Ultra Short Term Fund
HDFC Ultra Short Term Fund

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

Holding Type Holding %
CARE - A1+
4.64
CARE - AA
3.21
CARE - AA-
1.91
CARE - AAA
4.06
Cash
6.38
CRISIL - A1+
10.96
CRISIL - A1+(SO)
0.09
CRISIL - AA
3.94
CRISIL - AA+
1.28
CRISIL - AA-
2.03
CRISIL - AAA
36.28
CRISIL - AAA(SO)
0.58
ICRA - A1+
3.36
ICRA - AA-
0.58
ICRA - AAA
1.92
ICRA - AAA(CE)
2.45
IND - A1+
2.29
IND - AAA
0.29
Sov
13.77

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 ₹15,273.59 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(0.04%)yesterday to ₹37.7391.

Among its top 3 holdings the fund has exposure to Axis Bank Ltd.^, and

The HDFC Floating Rate Debt Fund is managed by Anand Laddha and Shobhit Mehrotra.

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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