HDFC Floating Rate Debt Fund - Growth - Regular Plan

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

Invest Now

₹43.496 0.02 %Nav, as on 27-09-2023
Previous Nav
₹ 43.4882
Net Change on 27-09-2023
₹0.01
PersonalFN Rating
Category
Debt - Floater Fund
Assets (Cr.)
₹ 18,288.48
Expense Ratio
0.48%
(As on Aug 31, 2023)

Fund Overview Growth | Regular Plan

Fund House
HDFC Mutual Fund
Launch Date
23-Oct-2007
Benchmark
Crisil 10 Yr Gilt Index
Minimum Investment (₹)
100
Minimum Addl Investment (₹)
100
Exit Load (%)
Nil
Minimum SIP Investment (₹)
100
Minimum STP Investment (₹)
500
Minimum SWP Investment (₹)
100
52 Week Low Nav (₹)
40.37
52 Week Low Nav Date
27-Sep-2022
52 Week High Nav (₹)
43.50
52 Week High Nav Date
27-Sep-2023

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	7.86	8.60	7.74	5.73	6.95	7.78
Crisil 10 Yr Gilt Index	N/A	N/A	N/A	N/A	N/A	N/A
CRISIL Short Term Bond 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 - Growth Option	Oct 23, 2007		7.74	5.73	6.95	0.48	18,288.48
ICICI Prudential Floating Interest Fund - Growth	Nov 17, 2005		7.85	5.66	6.84	1.28	13,742
Aditya Birla Sun Life Floating Rate Fund-Regular Plan-Growth	Mar 25, 2009		7.54	5.36	6.78	0.45	13,031.83
Nippon India Floating Rate Fund - Growth Plan-Growth Option	Sep 02, 2004	Unrated	7.39	5.32	7.21	0.61	8,160.56
Franklin India Floating Rate Fund - Growth Plan	Apr 23, 2001		7.59	4.91	5.73	0.91	323.33

Fund Holdings as on 31-August-2023

Company % Assets
7.93% Floating Rate GOI 2034^
13.13
8.51% Floating Rate GOI 2033
5.97
7.88% Floating Rate GOI 2028
4.22
7.54% HDFC Bank Ltd.£^
3.55
7.37% Power Finance Corporation Ltd.^
3.00
Net Current Assets
2.69
7.36% REC Limited.^
2.32
8.81% Muthoot Finance Ltd.^
1.92
7.58% National Bank for Agri & Rural Dev.^
1.91
7.43% Small Industries Development Bank
1.66
9.17% TMF Holdings Ltd.^
1.65
7.77% Power Finance Corporation Ltd.^
1.65
6.7% Embassy Office Parks REIT^
1.64
91 Days Tbill Mat 290923
1.63
7.49% HDB Financial Services Ltd.^
1.63
Reverse Repo
1.62
182 Days Tbill Mat 040124^
1.55
Small Industries Development Bank^
1.43
7.62% National Bank for Agri & Rural Dev.
1.37
Canara Bank^
1.33
182 Day Tbill Mat 160224
1.32
182 Days Tbill ISD 240823 Mat 220224
1.32
5.27% National Bank for Agri & Rural Dev.^
1.21
8.54% SMFG India Credit Company Ltd^
1.10
7.49% National Bank for Agri & Rural Dev.^
1.09
6.4% Jamnagar Utilities & Power Pvt. Ltd.^
1.05
Small Industries Development Bank^
1.03
8.65% Muthoot Finance Ltd.^
0.96
7.6% REC Limited.^
0.96
7.4% National Bank for Agri & Rural Dev.^
0.95
7.17% Power Finance Corporation Ltd.^
0.95
7.7% TMF Holdings Ltd.^
0.94
8.7% Bharti Telecom Limited^
0.88
9.59% Reliance Industries Ltd.^
0.82
7.44% Small Industries Development Bank
0.82
7.37% Power Finance Corporation Ltd.^
0.81
Axis Bank Ltd.
0.80
6.43% HDFC Bank Ltd.£
0.80
7.26% GOI MAT 060233
0.80
8.31% Sundaram Home Finance Limited^
0.80
8.9508% Pipeline Infrastructure Pvt. Ltd.^
0.69
7.38% GOI MAT 200627
0.69
8.98% SMFG India Home Finance Company Ltd^
0.68
7.25% Embassy Office Parks REIT^
0.68
5.35% National Housing Bank
0.68
5.6% Bajaj Housing Finance Ltd.^
0.67
7.7% Larsen and Toubro Ltd.^
0.60
8.4% SMFG India Home Finance Company Ltd^
0.55
7.59% Small Industries Development Bank^
0.55
State Bank of India
0.55
7.57% National Bank for Agri & Rural Dev.^
0.55
6.88% National Housing Bank^
0.54
7.45% Hinduja Leyland Finance Ltd.^
0.54
8.76% SMFG India Home Finance Company Ltd^
0.54
7.3029% TMF Holdings Ltd. (Perpetual) (Perpetual)^
0.52
5.79% REC Limited.^
0.49
7.1% Muthoot Finance Ltd.^
0.42
8.65% Muthoot Finance Ltd.^
0.41
7.59% Power Finance Corporation Ltd.
0.41
7.58% Power Finance Corporation Ltd.^
0.41
7.4% Reliance Industries Ltd.^
0.41
6.5% Power Finance Corporation Ltd.^
0.40
6.25% LIC Housing Finance Ltd.
0.40
6.5% TATA Capital Housing Finance Ltd.^
0.40
7.59% GOI MAT 110126
0.39
TREPS - Tri-party Repo
0.36
6.4912% Tata Capital Ltd.^
0.35
8.55% Mahindra Rural Housing Finance Ltd^
0.33
7.97% Tata Motors Finance Solutions Ltd.^
0.33
5.86% TATA Capital Housing Finance Ltd.^
0.33
7.41% GOI MAT 191236
0.31
Hero Fincorp Ltd.^
0.30
7.5% National Bank for Agri & Rural Dev.^
0.30
9.25% Power Finance Corporation Ltd.^
0.28
8.27% REC Limited.^
0.28
7.89% Gujarat SDL - Mat 150525^
0.28
8.33% LIC Housing Finance Ltd.^
0.27
7.18% GOI MAT 140833
0.27
9.16% Kalpataru Projects International Ltd^
0.27
7.4% LIC Housing Finance Ltd.
0.27
7.51% REC Limited.^
0.27
7.5% Grasim Industries Ltd.^
0.27
7.47% Small Industries Development Bank^
0.27
7.5% National Bank for Agri & Rural Dev.^
0.27
6.99% GOI MAT 170426
0.27
7.18% GOI MAT 240737
0.27
6.45% L&T Finance Limited^
0.27
5.95% Bajaj Finance Ltd.^
0.27
7.9944% TMF Holdings Ltd. (Perpetual) (Perpetual)^
0.27
6.72% India Grid Trust^
0.27
5.45% NTPC Limited^
0.26
Mufasa 11 2022 (PTC backed by loan receivables originated by Muthoot Capital Services Limited)^
0.26
Small Industries Development Bank^
0.26
7.95% Sikka Port and Terminal Ltd.^
0.25
7.37% Maharashtra SDL - Mat 140926^
0.25
7.5% HDFC Bank Ltd.£^
0.22
182 Days Tbill MAT 290923
0.22
First Business Receivables Trust (PTC backed by receivables from Reliance Corporate IT Park Limited)^
0.20
GOI STRIPS - Mat 191223^
0.19
First Business Receivables Trust (PTC backed by receivables from Reliance Corporate IT Park Limited)^
0.18
8.64% Union Bank of India (Perpetual) (AT1) (Basel III)^
0.14
7.95% LIC Housing Finance Ltd.^
0.14
7.64% Power Finance Corporation Ltd.
0.14
6.65% Samvardhana Motherson International Ltd.^
0.14
7.38% Cholamandalam Investment & Finance Co. Ltd.
0.14
6.35% John Deere Financial India Pvt. Ltd.^
0.13
5.78% HDFC Bank Ltd.£^
0.13
GOI STRIPS - Mat 150624^
0.11
9.6% JM Financial Asset Reconstruction Co. Ltd.^
0.11
GOI STRIPS - Mat 121223^
0.11
9.6% JM Financial Asset Reconstruction Co. Ltd.^
0.11
7.5% Muthoot Finance Ltd.^
0.08
9.6% JM Financial Asset Reconstruction Co. Ltd.^
0.08
GOI STRIPS - Mat 160624^
0.08
GOI STRIPS - Mat 120324^
0.06
GOI STRIPS - Mat 190324^
0.05
5.84% Bajaj Housing Finance Ltd.
0.05
9.6% JM Financial Asset Reconstruction Co. Ltd.^
0.05
First Business Receivables Trust (PTC backed by receivables from Reliance Corporate IT Park Limited)^
0.04
9.1% Power Finance Corporation Ltd.
0.03
7.78% HDFC Bank Ltd.£^
0.03
7.27% Tamil Nadu SDL Mat 120727^
0.03
5.15% GOI MAT 091125^
0.03
7.23% Tamil Nadu SDL MAT 140627^
0.01
5.77% GOI MAT 030830
0.01

Sector Holding%
Miscellaneous
55.68

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 Long Duration Debt Fund
HDFC Credit Risk Debt Fund
HDFC Floating Rate Debt Fund
HDFC Hybrid Debt Fund
HDFC Income Fund
HDFC Long Duration Debt 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

Vikash Agarwal

Holding Type Holding %
BRICKWORKS - AA
0.14
CARE - A1+
2.72
CARE - AA
0.60
CARE - AAA
0.82
Cash
4.67
CRISIL - A1+
2.68
CRISIL - AA
3.92
CRISIL - AA+
3.30
CRISIL - AA+(SO)
0.26
CRISIL - AAA
42.70
CRISIL - AAA(SO)
0.42
ICRA - AA+
1.81
ICRA - AA-
0.35
ICRA - AAA
1.90
IND - AAA
0.14
Sovereign
33.57

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 ₹18,288.48 crore. HDFC Floating Rate Debt Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and CRISIL Short Term Bond Index as secondary index.

The NAV of HDFC Floating Rate Debt Fund ended up ₹0.01(0.02%)yesterday to ₹43.496.

Among its top 3 holdings the fund has exposure to 7.93% Floating Rate GOI 2034^, and

The HDFC Floating Rate Debt Fund is managed by Shobhit Mehrotra and Vikash Agarwal.

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

Financial Health Checkup

Money Simplified Videos

Infographics