HDFC Floating Rate Debt Fund Direct Growth
DebtFloating RateModerate Risk
Direct
NAV (05-Jul-24)
₹46.860.03%1D
Returns (Since Inception)
7.86%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹14,538 Cr
Expense Ratio
0.26%
ISIN
INF179K01VQ4
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
HDFC Floating Rate Debt Fund Direct Growth is a Floating Rate mutual fund schemes offered by HDFC Mutual Fund. This fund has been in existence for 11 years, 6 months and 5 days, having been launched on 01-Jan-13.
As of 05-Jul-24, it has a Net Asset Value (NAV) of ₹46.86, Assets Under Management (AUM) of 14537.83 Crores, and an expense ratio of 0.26%.
As of 05-Jul-24, it has a Net Asset Value (NAV) of ₹46.86, Assets Under Management (AUM) of 14537.83 Crores, and an expense ratio of 0.26%.
- HDFC Floating Rate Debt Fund Direct Growth has given a CAGR return of 7.86% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 88.88% in debts, and 10.85% in cash & cash equivalents.
- You can start investing in HDFC Floating Rate Debt Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+8.22%
+6.85% (Cat Avg.)
3 Years
+6.41%
+5.52% (Cat Avg.)
5 Years
+7.01%
+6.20% (Cat Avg.)
10 Years
+7.64%
+6.29% (Cat Avg.)
Since Inception
+7.86%
— (Cat Avg.)
Portfolio Summaryas of 15th June 2024
| Debt | ₹12,920.82 Cr | 88.88% |
| Others | ₹1,617.01 Cr | 11.12% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 8% Govt Stock 2034 | Bond - Gov't/Treasury | ₹2,146.12 Cr | 14.76% |
| 8.34% Govt Stock 2033 | Bond - Gov't/Treasury | ₹1,256.15 Cr | 8.64% |
| 7.72% Govt Stock 2028 | Bond - Gov't/Treasury | ₹776.26 Cr | 5.34% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹648.47 Cr | 4.46% |
| Net Current Assets | Cash | ₹432.18 Cr | 2.97% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹349.65 Cr | 2.41% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹348.9 Cr | 2.40% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹303.13 Cr | 2.09% |
| Tmf Holdings Limited | Bond - Corporate Bond | ₹300.65 Cr | 2.07% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹300.52 Cr | 2.07% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹299.89 Cr | 2.06% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹249.27 Cr | 1.71% |
| Fullerton India Credit Company Ltd | Bond - Corporate Bond | ₹200.27 Cr | 1.38% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹198.89 Cr | 1.37% |
| Sikka Ports & Terminals Limited | Bond - Corporate Bond | ₹196.28 Cr | 1.35% |
| Jamnagar Utilities & Power Private Limited | Bond - Corporate Bond | ₹193.84 Cr | 1.33% |
| Godrej Industries | Bond - Corporate Bond | ₹179.98 Cr | 1.24% |
| TVS Credit Services Limited | Bond - Corporate Bond | ₹177.58 Cr | 1.22% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹174.66 Cr | 1.20% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹174.49 Cr | 1.20% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹174.04 Cr | 1.20% |
| Tmf Holdings Limited | Bond - Corporate Bond | ₹173.91 Cr | 1.20% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹154.36 Cr | 1.06% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹149.13 Cr | 1.03% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹149.11 Cr | 1.03% |
| 7.26% Govt Stock 2033 | Bond - Gov't/Treasury | ₹146.87 Cr | 1.01% |
| Sundaram Home Finance Limited | Bond - Corporate Bond | ₹145.05 Cr | 1.00% |
| ICICI Bank Ltd. | Bond - Corporate Bond | ₹142.02 Cr | 0.98% |
| Kotak Mahindra Bank Ltd. | Bond - Corporate Bond | ₹141.92 Cr | 0.98% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹125.46 Cr | 0.86% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹125.33 Cr | 0.86% |
| Pipeline Infrastructure Ltd. | Bond - Corporate Bond | ₹120.74 Cr | 0.83% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹115.18 Cr | 0.79% |
| Larsen And Toubro Limited | Bond - Corporate Bond | ₹110.02 Cr | 0.76% |
| Andhra Pradesh (Government of) 7.64% | Bond - Sub-sovereign Government Debt | ₹106.3 Cr | 0.73% |
| Treps - Tri-Party Repo | Cash - Repurchase Agreement | ₹103.05 Cr | 0.71% |
| Embassy Office Parks REIT | Bond - Corporate Bond | ₹100.26 Cr | 0.69% |
| Fullerton India Home Finance Company Limited | Bond - Corporate Bond | ₹100.22 Cr | 0.69% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹99.93 Cr | 0.69% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹99.71 Cr | 0.69% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹99.69 Cr | 0.69% |
| National Housing Bank | Bond - Corporate Bond | ₹99.51 Cr | 0.68% |
| Small Business Fincredit India Private Limited | Bond - Corporate Bond | ₹99.34 Cr | 0.68% |
| Smfg India Home Finance Company Limited | Bond - Corporate Bond | ₹98.71 Cr | 0.68% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹96.59 Cr | 0.66% |
| Tmf Holdings Limited | Bond - Corporate Bond | ₹95.59 Cr | 0.66% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹95.38 Cr | 0.66% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹84.62 Cr | 0.58% |
| Pipeline Infrastructure Ltd. | Bond - Corporate Bond | ₹75.19 Cr | 0.52% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹74.86 Cr | 0.51% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹74.83 Cr | 0.51% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹74.81 Cr | 0.51% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹74.55 Cr | 0.51% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹73.85 Cr | 0.51% |
| Tata Capital Housing Finance Limited | Bond - Corporate Bond | ₹72.93 Cr | 0.50% |
| Punjab National Bank | Bond - Gov't Agency Debt | ₹71.62 Cr | 0.49% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹71.52 Cr | 0.49% |
| 7.38% Govt Stock 2027 | Bond - Gov't/Treasury | ₹70.72 Cr | 0.49% |
| Mahindra Rural Housing Finance Limited | Bond - Corporate Bond | ₹60.1 Cr | 0.41% |
| Godrej Industries Limited | Bond - Corporate Bond | ₹59.93 Cr | 0.41% |
| Hero Fincorp Limited | Bond - Corporate Bond | ₹59.22 Cr | 0.41% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹54.77 Cr | 0.38% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹51.58 Cr | 0.35% |
| 7.41% Govt Stock 2036 | Bond - Gov't/Treasury | ₹51.48 Cr | 0.35% |
| Gujarat (Government of) 7.64% | Bond - Sub-sovereign Government Debt | ₹50.86 Cr | 0.35% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹50.46 Cr | 0.35% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹50.12 Cr | 0.34% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹49.92 Cr | 0.34% |
| JMc Projects (India) Limited | Bond - Corporate Bond | ₹49.86 Cr | 0.34% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹49.85 Cr | 0.34% |
| Tata Capital Financial Services Limited | Bond - Corporate Bond | ₹49.83 Cr | 0.34% |
| Grasim Industries Ltd | Bond - Corporate Bond | ₹49.8 Cr | 0.34% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹49.77 Cr | 0.34% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹49.75 Cr | 0.34% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹49.71 Cr | 0.34% |
| Tmf Holdings Limited | Bond - Corporate Bond | ₹48.99 Cr | 0.34% |
| India Grid TRust | Bond - Corporate Bond | ₹48.82 Cr | 0.34% |
| Ntpc Limited | Bond - Corporate Bond | ₹48.67 Cr | 0.33% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹46.4 Cr | 0.32% |
| 7.18% Govt Stock 2037 | Bond - Gov't/Treasury | ₹45.53 Cr | 0.31% |
| Sikka Ports & Terminals Limited | Bond - Corporate Bond | ₹45.06 Cr | 0.31% |
| Corporate Debt Market Development Fund | Mutual Fund - Open End | ₹40.07 Cr | 0.28% |
| FIRST BUSINESS RECEIVABLES TRUST | Bond - Asset Backed | ₹39.11 Cr | 0.27% |
| FIRST BUSINESS RECEIVABLES TRUST | Bond - Asset Backed | ₹35.48 Cr | 0.24% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹30.03 Cr | 0.21% |
| National Bank for Agriculture and Rural Development | Bond - Gov't Agency Debt | ₹25.05 Cr | 0.17% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹25.04 Cr | 0.17% |
| National Bank for Agriculture and Rural Development | Bond - Gov't Agency Debt | ₹24.99 Cr | 0.17% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹24.99 Cr | 0.17% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹24.97 Cr | 0.17% |
| JM Financial Asset Reconstruction Company Limited | Bond - Corporate Bond | ₹20 Cr | 0.14% |
| JM Financial Asset Reconstruction Company Limited | Bond - Corporate Bond | ₹19.74 Cr | 0.14% |
| JM Financial Asset Reconstruction Company Limited | Bond - Corporate Bond | ₹14.87 Cr | 0.10% |
| Nirma Limited | Bond - Corporate Bond | ₹10.02 Cr | 0.07% |
| JM Financial Asset Reconstruction Company Limited | Bond - Corporate Bond | ₹9.79 Cr | 0.07% |
| MUFASA 11 2022 | Bond - Asset Backed | ₹8.88 Cr | 0.06% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹6.31 Cr | 0.04% |
| 07.27 Tn SDL 2027 | Bond - Gov't/Treasury | ₹5 Cr | 0.03% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹4.98 Cr | 0.03% |
| 07.23 Tn SDL 2027 | Bond - Gov't/Treasury | ₹2 Cr | 0.01% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹1 Cr | 0.01% |
| 5.77% Govt Stock 2030 | Bond - Gov't/Treasury | ₹0.94 Cr | 0.01% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹8,881.8 Cr | 61.09% |
| Bond - Gov't/Treasury | ₹4,551.54 Cr | 31.31% |
| Cash | ₹432.18 Cr | 2.97% |
| Cash - CD/Time Deposit | ₹166.9 Cr | 1.15% |
| Bond - Sub-sovereign Government Debt | ₹157.15 Cr | 1.08% |
| Bond - Gov't Agency Debt | ₹121.67 Cr | 0.84% |
| Cash - Repurchase Agreement | ₹103.05 Cr | 0.71% |
| Bond - Asset Backed | ₹83.48 Cr | 0.57% |
| Mutual Fund - Open End | ₹40.07 Cr | 0.28% |
Risk & Performance Ratios
Standard Deviation
This fund
0.84%
Cat. avg.
1.22%
Lower the better
Sharpe Ratio
This fund
0.92
Cat. avg.
-0.12
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.19
Higher the better
Fund Managers
Additional Scheme Detailsas of 15th June 2024
ISIN | INF179K01VQ4 | Expense Ratio | 0.26% | Exit Load | No Charges | Fund Size | ₹14,538 Cr | Age | 01 Jan 2013 | Lumpsum Minimum | ₹100 | Fund Status | Open Ended Investment Company | Benchmark | CRISIL Short Duration Debt TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Withdrawal (irrespective of holding period)
Realised Gain (capital gains) are taxed at your marginal income tax rate
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Floating Rate Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| DSP Floater Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹852.01 Cr | 8.8% |
| DSP Floater Fund Regular Growth Moderate Risk | 0.5% | 0.0% | ₹852.01 Cr | 8.5% |
| Axis Floater Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹250.58 Cr | 8.6% |
| Axis Floater Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹250.58 Cr | 8.2% |
| Franklin India Floating Rate Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹289.75 Cr | 7.8% |
| Nippon India Floating Rate Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹7966.37 Cr | 7.4% |
| ICICI Prudential Floating Interest Fund Regular Growth Moderate Risk | 1.2% | 0.0% | ₹9720.90 Cr | 8.0% |
| HDFC Floating Rate Debt Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹14537.83 Cr | 8.2% |
| Franklin India Floating Rate Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹289.75 Cr | 8.6% |
| Aditya Birla Sun Life Floating Rate Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹12611.35 Cr | 7.9% |
About the AMC
Total AUM
₹6,33,832 Cr
Address
“HUL House”, 2nd Floor, Mumbai, 400 020
Other Funds by HDFC Mutual Fund
Risk Level
Your principal amount will be at Moderate Risk
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Still got questions?
We're here to help.
What is the current NAV of HDFC Floating Rate Debt Fund Direct Growth?
The NAV of HDFC Floating Rate Debt Fund Direct Growth, as of 05-Jul-2024, is ₹46.86.
What are the returns of HDFC Floating Rate Debt Fund Direct Growth?
The fund has generated 8.22% over the last 1 year and 6.41% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of HDFC Floating Rate Debt Fund Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 88.88% in bonds, and 10.85% in cash and cash equivalents.
Who manages the HDFC Floating Rate Debt Fund Direct Growth?
The fund managers responsible for HDFC Floating Rate Debt Fund Direct Growth are:-
- Shobhit Mehrotra
- Vikas Agrawal
- Dhruv Muchhal
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.