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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₹47.201 0.07 %Nav, as on 14-10-2024
Previous Nav
₹ 47.1661
Net Change on 14-10-2024
₹0.03
PersonalFN Rating
Category
Debt - Floater Fund
Assets (Cr.)
₹ 14,839.27
Expense Ratio
0.49%
(As on Sep 30, 2024)

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 (₹)
43.53
52 Week Low Nav Date
13-Oct-2023
52 Week High Nav (₹)
47.17
52 Week High Nav Date
11-Oct-2024

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	9.26	8.92	8.39	6.47	6.77	7.80
Crisil 10 Yr Gilt Index	N/A	N/A	N/A	N/A	N/A	N/A
CRISIL Short Duration Debt 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		8.39	6.47	6.77	0.49	14,839.27
ICICI Prudential Floating Interest Fund - Growth	Nov 17, 2005		8.15	6.11	6.73	1.19	8,822.48
Nippon India Floating Rate Fund - Growth Plan-Growth Option	Sep 02, 2004	Unrated	8.39	6.11	6.87	0.60	7,802.64
KOTAK FLOATING RATE FUND-REGULAR PLAN-GROWTH OPTION	May 14, 2019	Unrated	8.24	5.95	6.72	0.63	3,689.70
UTI - Floater Fund - Regular Plan - Growth Option	Oct 30, 2018	Unrated	7.15	5.48	5.61	0.82	1,341.26

Fund Holdings as on 30-September-2024

Company % Assets
8% Floating Rate GOI 2034
15.16
7.93% Floating Rate GOI 2033
8.59
7.98% GOI MAT 071231^
4.46
Floating Rate GOI 2028
4.23
Net Current Assets
2.81
8.5% Aadhar Housing Finance Limited^
2.36
7.43% Small Industries Development Bank
2.05
7.77% Power Finance Corporation Ltd.^
2.03
8.979% TMF Holdings Ltd.^
2.02
7.62% National Bank for Agri & Rural Dev.^
1.69
7.58% National Bank for Agri & Rural Dev.
1.68
7.23% Small Industries Development Bank^
1.51
8.54% SMFG India Credit Company Ltd^
1.35
7.49% National Bank for Agri & Rural Dev.^
1.34
6.75% Sikka Port and Terminal Ltd.^
1.33
6.4% Jamnagar Utilities & Power Pvt. Ltd.^
1.31
8.36% Godrej Industries Ltd.^
1.22
9.3% TVS Credit Services Ltd^
1.18
7.6% REC Limited.^
1.18
7.7% TMF Holdings Ltd.^
1.18
8.9% Bharti Telecom Limited^
1.15
7.26% GOI MAT 060233
1.01
7.37% Power Finance Corporation Ltd.^
1.01
7.44% Small Industries Development Bank
1.01
7.65% HDB Financial Services Ltd.^
1.00
Kotak Mahindra Bank Limited^
0.98
7.57% Indian Railways Finance Corp. Ltd.^
0.85
8.1% Bajaj Housing Finance Ltd.^
0.85
7.4% National Bank for Agri & Rural Dev.
0.84
7.96% Pipeline Infrastructure Pvt. Ltd.^
0.82
7.68% Indian Railways Finance Corp. Ltd.^
0.78
7.7% Larsen and Toubro Ltd.^
0.74
7.64% Andhra Pradesh SDL ISD 170124 MAT 170131^
0.73
7.93% TATA POWER RENEWABLE ENERGY LTD.^
0.68
7.9% LIC Housing Finance Ltd.^
0.68
8.4% SMFG India Home Finance Company Ltd^
0.68
8.6% ADITYA BIRLA RENEWABLES LIMITED^
0.68
8.17% Embassy Office Parks REIT^
0.68
8.15% Sundaram Home Finance Limited^
0.68
7.57% National Bank for Agri & Rural Dev.
0.67
9% SBFC Finance Ltd^
0.67
8.64% SMFG India Home Finance Company Ltd^
0.66
6.4% LIC Housing Finance Ltd.^
0.66
Canara Bank^
0.65
7.3029% TMF Holdings Ltd. (Perpetual) (Perpetual)^
0.65
India Universal Trust AL1 (PTC backed by loan receivables originated by HDFC Bank Limited) £^
0.65
Axis Bank Ltd.^
0.63
7.8% LIC Housing Finance Ltd.^
0.57
7.96% Pipeline Infrastructure Pvt. Ltd.^
0.51
8.95% Bharti Telecom Limited^
0.51
7.59% Power Finance Corporation Ltd.^
0.51
8.12% Bajaj Finance Ltd.
0.51
8.1167% Bajaj Finance Ltd.^
0.51
8.7% Bharti Telecom Limited^
0.51
7.9237% Bajaj Housing Finance Ltd.^
0.51
7.58% Power Finance Corporation Ltd.^
0.50
8.65% Muthoot Finance Ltd.^
0.50
7.59% Small Industries Development Bank^
0.50
6.25% LIC Housing Finance Ltd.^
0.50
6.5% TATA Capital Housing Finance Ltd.^
0.49
Canara Bank^
0.49
Punjab National Bank^
0.49
8.54% SMFG India Credit Company Ltd^
0.47
8.4% Godrej Industries Ltd.^
0.41
8.55% Mahindra Rural Housing Finance Ltd^
0.40
7.41% GOI MAT 191236
0.35
8.3% Indian Railways Finance Corp. Ltd.^
0.35
7.64% Gujarat SDL ISD 170124 MAT 170133^
0.35
7.18% GOI MAT 140833
0.35
7.6% Power Finance Corporation Ltd.^
0.34
7.59% National Housing Bank^
0.34
9.16% Kalpataru Projects International Ltd^
0.34
8.225% Kotak Mahindra Prime Ltd.^
0.34
7.79% Small Industries Development Bank^
0.34
7.5% Grasim Industries Ltd.^
0.34
7.75% LIC Housing Finance Ltd.
0.34
9.1% Cholamandalam Investment & Finance Co. Ltd.^
0.34
7.835% LIC Housing Finance Ltd.
0.34
India Universal Trust AL1 (PTC backed by loan receivables originated by HDFC Bank Limited) £^
0.34
7.75% LIC Housing Finance Ltd.^
0.34
7.51% REC Limited.^
0.34
7.5% National Bank for Agri & Rural Dev.^
0.34
7.47% Small Industries Development Bank^
0.34
7.9944% TMF Holdings Ltd. (Perpetual) (Perpetual)^
0.33
6.72% India Grid Trust^
0.33
5.45% NTPC Limited^
0.33
8.7% LIC Housing Finance Ltd.^
0.32
7.18% GOI MAT 240737
0.31
7.95% Sikka Port and Terminal Ltd.^
0.30
Corporate Debt Market Development Fund
0.27
First Business Receivables Trust (PTC backed by receivables from Reliance Corporate IT Park Limited)^
0.27
TREPS - Tri-party Repo
0.25
First Business Receivables Trust (PTC backed by receivables from Reliance Corporate IT Park Limited)^
0.24
8.54% SMFG India Credit Company Ltd^
0.20
7.74% Hindustan Petroleum Corp. Ltd.^
0.17
7.58% REC Limited.^
0.17
7.68% National Bank for Agri & Rural Dev.^
0.17
7.95% LIC Housing Finance Ltd.
0.17
7.62% National Bank for Agri & Rural Dev.^
0.17
7.64% Power Finance Corporation Ltd.^
0.17
9% JM FINANCIAL HOME LOANS LIMITED^
0.17
ICICI Bank Ltd.^
0.16
9.6% JM Financial Asset Reconstruction Co. Ltd.^
0.13
7.38% GOI MAT 200627
0.10
9.6% JM Financial Asset Reconstruction Co. Ltd.^
0.10
8.5% Nirma Ltd.^
0.07
7.9% Sikka Port and Terminal Ltd.^
0.07
9.6% JM Financial Asset Reconstruction Co. Ltd.^
0.07
9.1% Power Finance Corporation Ltd.^
0.04
7.27% Tamil Nadu SDL Mat 120727^
0.03
7.78% HDFC Bank Ltd.£^
0.03
7.5% National Bank for Agri & Rural Dev.^
0.03
7.23% Tamil Nadu SDL MAT 140627^
0.01
5.77% GOI MAT 030830^
0.01
Mufasa 11 2022 (PTC backed by loan receivables originated by Muthoot Capital Services Limited)^
0.01

Sector Holding%
Miscellaneous
56.06

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

Holding Type Holding %
CARE - AA
0.34
CARE - AA+
0.68
CARE - AAA
2.70
Cash
3.06
CRISIL - A1+
2.75
CRISIL - AA
2.55
CRISIL - AA+
6.35
CRISIL - AAA
35.42
CRISIL - AAA(SO)
0.52
ICRA - A1+
0.16
ICRA - AA
3.54
ICRA - AA+
0.84
ICRA - AA-
0.30
ICRA - AAA
2.70
IND - A1+
0.49
IND - AA-
0.67
IND - AAA(SO)
0.99
Sovereign
35.69
Unrated
0.27

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 ₹14,839.27 crore. HDFC Floating Rate Debt Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and CRISIL Short Duration Debt Index as secondary index.

The NAV of HDFC Floating Rate Debt Fund ended up ₹0.03(0.07%)yesterday to ₹47.201.

Among its top 3 holdings the fund has exposure to 8% Floating Rate GOI 2034, and

The HDFC Floating Rate Debt Fund is managed by 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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