HDFC Floating Rate Debt Fund - Growth - Suspended Plan

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

This Scheme HDFC Floating Rate Debt Fund - Growth - Suspended Plan is Merged with HDFC Floating Rate Debt Fund - Growth - Regular Plan

Invest Now

₹31.6659 0.04 %Nav, as on 10-05-2019
Previous Nav
₹ 31.6543
Net Change on 10-05-2019
₹0.01
PersonalFN Rating
Category
Debt - Floater Fund
Assets (Cr.)
₹ 16,886.99
Expense Ratio

Fund Overview Growth | Suspended Plan

Fund House
HDFC Mutual Fund
Launch Date
16-Jan-2003
Benchmark
Crisil 1 Yr T-Bill Index
Minimum Investment (₹)
5,000
Minimum Addl Investment (₹)
1,000
Exit Load (%)
Nil
Minimum SIP Investment (₹)
100
Minimum STP Investment (₹)
500
Minimum SWP Investment (₹)
100
52 Week Low Nav (₹)
29.37
52 Week Low Nav Date
17-May-2018
52 Week High Nav (₹)
31.67
52 Week High Nav Date
10-May-2019

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 - Retail Growth Option	5.24	7.58	7.74	7.37	7.90	7.32
Crisil 1 Yr T-Bill Index	N/A	N/A	N/A	N/A	N/A	N/A
CRISIL Liquid 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

Fund Holdings as on 30-November-2023

Company % Assets
8.1% Floating Rate GOI 2034^
14.80
8.25% Floating Rate GOI 2033
7.21
7.69% Floating Rate GOI 2028
5.16
7.66% HDFC Bank Ltd.£^
3.83
7.57% Power Finance Corporation Ltd.^
3.25
7.57% REC Limited.^
2.51
Net Current Assets
2.48
8.92% Muthoot Finance Ltd.^
2.08
7.58% National Bank for Agri & Rural Dev.^
2.06
7.43% Small Industries Development Bank
1.79
9.27% TMF Holdings Ltd.^
1.79
7.77% Power Finance Corporation Ltd.^
1.77
7.49% HDB Financial Services Ltd.^
1.76
Small Industries Development Bank^
1.58
7.62% National Bank for Agri & Rural Dev.^
1.47
Punjab National Bank^
1.46
Canara Bank^
1.32
8.54% SMFG India Credit Company Ltd^
1.19
7.49% National Bank for Agri & Rural Dev.^
1.17
6.75% Sikka Port and Terminal Ltd.^
1.15
Small Industries Development Bank^
1.14
6.4% Jamnagar Utilities & Power Pvt. Ltd.^
1.14
8.65% Muthoot Finance Ltd.^
1.03
7.6% REC Limited.^
1.03
7.4% National Bank for Agri & Rural Dev.^
1.03
7.17% Power Finance Corporation Ltd.^
1.03
7.7% TMF Holdings Ltd.^
1.02
8.7% Bharti Telecom Limited^
0.95
5.27% National Bank for Agri & Rural Dev.^
0.90
Axis Bank Ltd.
0.88
7.44% Small Industries Development Bank^
0.88
7.37% Power Finance Corporation Ltd.^
0.88
6.43% HDFC Bank Ltd.£
0.86
8.5% Sundaram Home Finance Limited^
0.86
7.26% GOI MAT 060233
0.85
TREPS - Tri-party Repo
0.81
8.9508% Pipeline Infrastructure Pvt. Ltd.^
0.74
5.6% Bajaj Housing Finance Ltd.^
0.73
7.7% Larsen and Toubro Ltd.^
0.65
7.38% GOI MAT 200627
0.59
8.4% SMFG India Home Finance Company Ltd^
0.59
7.9% LIC Housing Finance Ltd.^
0.59
7.59% Small Industries Development Bank^
0.59
7.57% National Bank for Agri & Rural Dev.
0.59
6.88% National Housing Bank^
0.59
8.82% SMFG India Home Finance Company Ltd^
0.58
Indian Bank^
0.58
Punjab National Bank
0.58
7.3029% TMF Holdings Ltd. (Perpetual) (Perpetual)^
0.56
5.79% REC Limited.^
0.53
7.45% Hinduja Leyland Finance Ltd.
0.50
7.8% LIC Housing Finance Ltd.^
0.50
7.1% Muthoot Finance Ltd.^
0.46
7.9237% Bajaj Housing Finance Ltd.^
0.44
8.65% Muthoot Finance Ltd.^
0.44
7.58% Power Finance Corporation Ltd.^
0.44
7.59% Power Finance Corporation Ltd.^
0.44
7.4% Reliance Industries Ltd.^
0.44
6.5% Power Finance Corporation Ltd.
0.43
6.25% LIC Housing Finance Ltd.^
0.43
6.5% TATA Capital Housing Finance Ltd.^
0.43
7.59% GOI MAT 110126
0.42
8.55% Mahindra Rural Housing Finance Ltd^
0.35
Hero Fincorp Ltd.^
0.34
7.41% GOI MAT 191236
0.33
7.5% National Bank for Agri & Rural Dev.^
0.32
9.25% Power Finance Corporation Ltd.^
0.30
7.89% Gujarat SDL - Mat 150525^
0.30
8.27% REC Limited.^
0.30
8.33% LIC Housing Finance Ltd.^
0.30
7.4% LIC Housing Finance Ltd.^
0.29
9.16% Kalpataru Projects International Ltd^
0.29
7.18% GOI MAT 140833
0.29
7.47% Small Industries Development Bank^
0.29
7.51% REC Limited.^
0.29
7.5% National Bank for Agri & Rural Dev.^
0.29
7.5% Grasim Industries Ltd.^
0.29
Union Bank of India^
0.29
Canara Bank^
0.29
Union Bank of India
0.29
7.18% GOI MAT 240737
0.29
7.9944% TMF Holdings Ltd. (Perpetual) (Perpetual)^
0.29
Reverse Repo
0.29
6.72% India Grid Trust^
0.29
5.45% NTPC Limited^
0.28
Small Industries Development Bank^
0.28
7.95% Sikka Port and Terminal Ltd.^
0.27
7.37% Maharashtra SDL - Mat 140926^
0.27
7.5% HDFC Bank Ltd.£^
0.24
Corporate Debt Market Development Fund
0.22
First Business Receivables Trust (PTC backed by receivables from Reliance Corporate IT Park Limited)^
0.22
Mufasa 11 2022 (PTC backed by loan receivables originated by Muthoot Capital Services Limited)^
0.21
First Business Receivables Trust (PTC backed by receivables from Reliance Corporate IT Park Limited)^
0.20
7.95% LIC Housing Finance Ltd.^
0.15
6.4912% Tata Capital Ltd.^
0.15
5.35% National Housing Bank^
0.15
7.64% Power Finance Corporation Ltd.^
0.15
Punjab National Bank^
0.15
Indian Bank
0.15
6.35% John Deere Financial India Pvt. Ltd.^
0.14
5.78% HDFC Bank Ltd.£^
0.14
GOI STRIPS - Mat 150624^
0.12
8.64% Union Bank of India (Perpetual) (AT1) (Basel III)^
0.12
9.6% JM Financial Asset Reconstruction Co. Ltd.^
0.12
9.6% JM Financial Asset Reconstruction Co. Ltd.^
0.12
9.6% JM Financial Asset Reconstruction Co. Ltd.^
0.09
GOI STRIPS - Mat 160624^
0.09
GOI STRIPS - Mat 120324^
0.06
GOI STRIPS - Mat 190324^
0.06
5.84% Bajaj Housing Finance Ltd.
0.06
9.6% JM Financial Asset Reconstruction Co. Ltd.^
0.06
9.1% Power Finance Corporation Ltd.^
0.04
7.78% HDFC Bank Ltd.£^
0.03
7.27% Tamil Nadu SDL Mat 120727^
0.03
7.23% Tamil Nadu SDL MAT 140627^
0.01
5.77% GOI MAT 030830^
0.01

Sector Holding%
Miscellaneous
55.69

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

Amar Kalkundrikar

Education:B.Com, CA, CFA, MBA
Experience:16 Years
Basic Details:Collectively over 16 years experience of which 13 years in Equity Research & Portfolio Management.
Funds Managed:
Nippon India Balanced Advantage Fund
Nippon India Consumption Fund
Nippon India Vision Fund
Nippon India Balanced Advantage Fund
Nippon India Consumption Fund
Nippon India Vision Fund

Holding Type Holding %
BRICKWORKS - AA
0.12
CARE - A1+
4.61
CARE - AA
0.29
CARE - AAA
0.88
Cash
3.58
CRISIL - A1+
3.80
CRISIL - AA
4.16
CRISIL - AA+
3.49
CRISIL - AAA
42.47
CRISIL - AAA(SO)
0.63
ICRA - A1+
0.58
ICRA - AA+
1.81
ICRA - AA-
0.39
ICRA - AAA
2.05
Sov
30.89
Unrated
0.22

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 16-Jan-2003 and currently has an AUM of ₹16,886.99 crore. HDFC Floating Rate Debt Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and CRISIL Liquid Debt Index as secondary index.

The NAV of HDFC Floating Rate Debt Fund ended up ₹0.01(0.04%)yesterday to ₹31.6659.

Among its top 3 holdings the fund has exposure to 8.1% Floating Rate GOI 2034^, and

The HDFC Floating Rate Debt Fund is managed by Shobhit Mehrotra and Amar Kalkundrikar.

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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