HDFC Floating Rate Debt Fund - Growth - Regular Plan

₹35.7484 (-0.02%)Nav, as on 05-06-2020
Previous Nav
₹ 35.7571
Net Change on 05-06-2020
₹-0.01
PersonalFN Rating
Unrated
Category
Debt - Floater Fund
Assets (Cr.)
₹ 8,959.06
Expense Ratio
0.38%
(As on Apr 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 (₹)
33.01
52 Week Low Nav Date
07-Jun-2019
52 Week High Nav (₹)
35.76
52 Week High Nav Date
04-Jun-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	14.52	8.15	8.28	7.67	7.99	8.22
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	Unrated	8.28	7.67	7.99	0.38	8,959.06

Fund Holdings as on 31-May-2020

Company % Assets
7.59 GOI 2026^
6.07
Sikka Port and Terminal Ltd. (erstwhile Reliance Ports and Terminals Ltd.)^
4.39
Nabha Power Ltd. (Corporate Guarantee of L&T Ltd.)^
4.21
6.79 GOI 2027^
4.10
Axis Bank Ltd.^
3.90
Tata Teleservices Ltd.^
3.69
Tata Motors Ltd.^
3.24
Union Bank of India^
3.14
National Bank for Agri & Rural Dev.^
2.99
Canara Bank^
2.89
Indusind Bank Ltd.^
2.78
Housing Development Fin. Corp. Ltd.£
2.62
Housing Development Fin. Corp. Ltd.£^
2.53
TREPS - Tri-party Repo
2.31
National Bank for Agri & Rural Dev.
2.18
The Federal Bank Ltd.^
2.17
Vedanta Ltd.^
2.06
Rural Electrification Corporation Ltd.
1.98
LIC Housing Finance Ltd.^
1.86
ICICI Bank Ltd.^
1.80
Net Current Assets
1.73
L&T INFRASTRUCTURE FINANCE LTD.^
1.41
Rural Electrification Corporation Ltd.^
1.40
Reliance Jio Infocomm Ltd.^
1.35
Canara Bank
1.29
6.97 GOI 2026^
1.19
Power Finance Corporation Ltd.
1.14
Housing Development Fin. Corp. Ltd.£
1.14
L&T INFRASTRUCTURE FINANCE LTD.^
1.13
Canara Bank^
1.10
The Federal Bank Ltd.^
1.09
Small Industries Development Bank^
1.08
TATA Capital Housing Finance Ltd.^
1.08
State Bank of India^
1.00
TMF Holdings Ltd. (Subsidiary of Tata Motors Ltd.)^
0.90
Housing Development Fin. Corp. Ltd.£^
0.85
Aditya Birla Finance Ltd.
0.84
Axis Bank Ltd.^
0.83
Axis Bank Ltd.^
0.82
National Bank for Agri & Rural Dev.
0.82
National Bank for Agri & Rural Dev.
0.81
LIC Housing Finance Ltd.^
0.80
Vedanta Ltd.^
0.79
PNB Housing Finance Ltd.^
0.72
Indusind Bank Ltd.^
0.69
Rural Electrification Corporation Ltd.
0.69
LIC Housing Finance Ltd.^
0.62
National Bank for Agri & Rural Dev.^
0.59
National Highways Authority of India^
0.58
Power Finance Corporation Ltd.^
0.58
LIC Housing Finance Ltd.
0.58
Rural Electrification Corporation Ltd.^
0.57
Rural Electrification Corporation Ltd.^
0.56
PNB Housing Finance Ltd.^
0.56
Axis Bank Ltd.^
0.56
Manappuram Finance Ltd.^
0.55
Manappuram Finance Ltd.^
0.55
Tata Motors Ltd.^
0.54
Vedanta Ltd.^
0.51
Reliance Industries Ltd.^
0.45
AUROUS TRUST JAN 20 (PTC of pools from IIFL Finance Limited)^
0.40
Rural Electrification Corporation Ltd.
0.29
Rural Electrification Corporation Ltd.^
0.29
Power Finance Corporation Ltd.^
0.28
Gujarat Road and Infra Co Ltd.^
0.28
Housing Development Fin. Corp. Ltd.£^
0.28
State Bank of India^
0.28
Oriental Bank of Commerce^
0.27
Tata Motors Ltd.^
0.27
Bank of Baroda
0.27
Power Finance Corporation Ltd.^
0.21
Housing and Urban Development Corporation Ltd.^
0.21
State Bank of India^
0.17
Vedanta Ltd.^
0.17
LIC Housing Finance Ltd.^
0.13
Power Finance Corporation Ltd.^
0.12
National Bank for Agri & Rural Dev.^
0.10
First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Limited)^
0.07
First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Limited)^
0.07
First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Limited)^
0.07
First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Limited)^
0.06
Reliance Industries Ltd.
0.06
Housing Development Fin. Corp. Ltd.£^
0.06
Rural Electrification Corporation Ltd.^
0.06
Rural Electrification Corporation Ltd.^
0.06
Jamnagar Utilities & Power Pvt. Ltd. (erstwhile Reliance Utilities & Power Pvt. Ltd.)^
0.06
Tata Sons Ltd.^
0.05

Sector Holding%
Miscellaneous
52.60

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

Chirag Dagli

Holding Type Holding %
CARE - A+
4.18
CARE - A1+
3.26
CARE - AA
1.10
CARE - AA+
0.28
CARE - AA-
3.14
CARE - AAA
7.19
Cash
4.04
CRISIL - A1+
20.55
CRISIL - A1+(SO)
0.40
CRISIL - AA
4.63
CRISIL - AA+
1.83
CRISIL - AAA
22.57
CRISIL - AAA(SO)
0.27
ICRA - A1+
3.70
ICRA - AA-
0.90
ICRA - AAA
0.84
ICRA - AAA(CE)
4.21
IND - A1+
3.81
IND - AA
1.28
IND - AAA
0.50
SOV
11.36

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 ₹8,959.06 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 down ₹-0.01(-0.02%)yesterday to ₹35.7484.

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 Chirag Dagli.

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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