HDFC Floating Rate Debt Fund - Growth - Regular Plan

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

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₹42.3029 0.02 %Nav, as on 26-05-2023
Previous Nav
₹ 42.2942
Net Change on 26-05-2023
₹0.01
PersonalFN Rating
Category
Debt - Floater Fund
Assets (Cr.)
₹ 15,816.29
Expense Ratio
0.48%
(As on Apr 30, 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 (₹)
39.54
52 Week Low Nav Date
17-Jun-2022
52 Week High Nav (₹)
42.30
52 Week High Nav Date
26-May-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	7.85	8.53	6.78	5.79	6.86	7.76
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		6.78	5.79	6.86	0.48	15,816.29
ICICI Prudential Floating Interest Fund - Growth	Nov 17, 2005		6.94	5.80	6.66	1.28	12,315.95
Aditya Birla Sun Life Floating Rate Fund-Regular Plan-Growth	Mar 25, 2009		6.67	5.47	6.79	0.45	12,093.36
Nippon India Floating Rate Fund - Growth Plan-Growth Option	Sep 02, 2004	Unrated	6.45	5.66	7.11	0.61	7,234.40
Franklin India Floating Rate Fund - Growth Plan	Apr 23, 2001		6.16	4.76	5.59	0.92	273.04

Fund Holdings as on 30-April-2023

Company % Assets
7.93% Floating Rate GOI 2034^
12.98
8.51% Floating Rate GOI 2033
6.64
7.88% Floating Rate GOI 2028
5.44
7.72% Housing Development Fin. Corp. Ltd.£^
4.10
7.15% Power Finance Corporation Ltd.^
3.46
7.46% REC Limited.^
2.67
6.7% Embassy Office Parks REIT^
2.52
Net Current Assets
2.41
8.77% Muthoot Finance Ltd.^
2.23
7.58% National Bank for Agri & Rural Dev.
2.22
Small Industries Development Bank^
2.06
5.27% National Bank for Agri & Rural Dev.^
2.00
7.77% Power Finance Corporation Ltd.
1.91
9.28% TMF Holdings Ltd.^
1.91
7.49% HDB Financial Services Ltd.^
1.88
7.62% National Bank for Agri & Rural Dev.^
1.59
5.8% National Housing Bank
1.48
8.45% Sikka Port and Terminal Ltd.^
1.47
Axis Bank Ltd.^
1.33
Reverse Repo
1.29
8.54% Fullerton India Credit Company Ltd.^
1.27
8.65% Muthoot Finance Ltd.^
1.12
7.7% TMF Holdings Ltd.^
1.08
7.72% GOI MAT 250525
1.06
8.7% Bharti Telecom Limited^
1.02
6.75% Power Finance Corporation Ltd.
0.98
9.8% Reliance Industries Ltd.^
0.95
8.1% Sundaram Home Finance Limited^
0.92
7.6% REC Limited.^
0.79
8.99% Fullerton India Home Finance Company Ltd.^
0.79
6.8% REC Limited.
0.79
7.4% National Bank for Agri & Rural Dev.^
0.79
7.25% Embassy Office Parks REIT^
0.79
TREPS - Tri-party Repo
0.78
5.35% National Housing Bank^
0.78
5.6% Bajaj Housing Finance Ltd.^
0.77
7.7% Larsen and Toubro Ltd.^
0.70
7.57% National Bank for Agri & Rural Dev.^
0.63
8.4% Fullerton India Home Finance Company Ltd.^
0.63
5.32% National Housing Bank
0.63
6.88% National Housing Bank^
0.63
7.45% Hinduja Leyland Finance Ltd.^
0.63
8.91% Fullerton India Home Finance Company Ltd.^
0.62
State Bank of India^
0.62
6.4% Jamnagar Utilities & Power Pvt. Ltd.^
0.61
Small Industries Development Bank^
0.60
Small Industries Development Bank^
0.59
7.3029% TMF Holdings Ltd. (Perpetual) (Perpetual)^
0.59
5.79% REC Limited.^
0.56
7.55% REC Limited.^
0.51
7.1% Muthoot Finance Ltd.^
0.49
7.59% Power Finance Corporation Ltd.
0.48
7.58% Power Finance Corporation Ltd.^
0.48
8.65% Muthoot Finance Ltd.^
0.48
7.4% Reliance Industries Ltd.^
0.47
6.5% Power Finance Corporation Ltd.^
0.46
6.5% TATA Capital Housing Finance Ltd.^
0.46
7.59% GOI MAT 110126
0.45
6.4912% Tata Capital Ltd.
0.41
Mufasa 11 2022 (PTC backed by loan receivables originated by Muthoot Capital Services Limited)^
0.39
8.55% Mahindra Rural Housing Finance Ltd^
0.38
7.97% Tata Motors Finance Solutions Ltd.^
0.38
5.86% TATA Capital Housing Finance Ltd.^
0.37
7.5% National Bank for Agri & Rural Dev.^
0.35
Hero Fincorp Ltd.^
0.34
9.25% Power Finance Corporation Ltd.^
0.32
8.27% REC Limited.^
0.32
7.89% Gujarat SDL - Mat 150525^
0.32
8.33% LIC Housing Finance Ltd.^
0.32
7.5% Grasim Industries Ltd.^
0.32
7.32% GOI MAT 280124
0.32
7.47% Small Industries Development Bank
0.32
9.16% Kalpataru Power Transmission Ltd.^
0.32
6.4% National Bank for Agri & Rural Dev.^
0.32
7.4% LIC Housing Finance Ltd.^
0.31
4.79% Hindustan Petroleum Corp. Ltd.^
0.31
6.45% L&T Finance Limited^
0.31
5.95% Bajaj Finance Ltd.^
0.31
8.64% Union Bank of India (Perpetual) (AT1) (Basel III)^
0.31
6.72% India Grid Trust^
0.31
7.9944% TMF Holdings Ltd. (Perpetual) (Perpetual)^
0.30
5.45% NTPC Limited^
0.30
7.37% Maharashtra SDL - Mat 140926^
0.29
7.5% Housing Development Fin. Corp. Ltd.£
0.25
First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Limited)^
0.23
First Business Receivables Trust (PTC banked by receivables from Reliance Corporate IT Park Limited)^
0.21
7.95% Sikka Port and Terminal Ltd.^
0.19
7.38% GOI MAT 200627
0.16
6.72% Power Finance Corporation Ltd.^
0.16
6.09% Housing and Urban Development Corporation Ltd.^
0.16
6.65% Samvardhana Motherson International Ltd.^
0.16
7.38% Cholamandalam Investment & Finance Co. Ltd.
0.16
6.35% John Deere Financial India Pvt. Ltd.^
0.15
5.78% Housing Development Fin. Corp. Ltd.£^
0.15
GOI STRIPS - Mat 150624^
0.13
9.6% JM Financial Asset Reconstruction Co. Ltd.^
0.13
9.6% JM Financial Asset Reconstruction Co. Ltd.^
0.13
7.5% Muthoot Finance Ltd.^
0.09
9.6% JM Financial Asset Reconstruction Co. Ltd.^
0.09
GOI STRIPS - Mat 160624^
0.09
GOI STRIPS - Mat 120324
0.07
9.6% JM Financial Asset Reconstruction Co. Ltd.^
0.06
5.84% Bajaj Housing Finance Ltd.^
0.06
GOI STRIPS - Mat 190324
0.06
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
9.1% Power Finance Corporation Ltd.^
0.04
7.78% Housing Development Fin. Corp. Ltd.£^
0.03
7.7% Jamnagar Utilities & Power Pvt. 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
61.30

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
0.31
CARE - A1+
3.25
CARE - AA
0.32
CARE - AA-
0.38
CARE - AAA
2.58
Cash
4.48
CRISIL - A1+
1.95
CRISIL - AA
0.63
CRISIL - AA+
3.83
CRISIL - AA+(SO)
0.39
CRISIL - AA-
3.88
CRISIL - AAA
44.20
CRISIL - AAA(SO)
0.54
ICRA - AA+
2.10
ICRA - AA-
0.41
ICRA - AAA
2.51
IND - AAA
0.16
Sov
28.09

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 ₹15,816.29 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 ₹42.3029.

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

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