HDFC Floating Rate Debt Fund - Growth - Direct Plan

Item: HDFC Floating Rate Debt Fund - Growth - Direct Plan
Rating: 2
Author: PersonalFN

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₹49.4742 0.03 %Nav, as on 13-03-2025
Previous Nav
₹ 49.4611
Net Change on 13-03-2025
₹0.01
PersonalFN Rating
Category
Debt - Floater Fund
Assets (Cr.)
₹ 15,117.78
Expense Ratio
0.26%
(As on Jan 31, 2025)

Fund Overview Growth | Direct Plan

Fund House
HDFC Mutual Fund
Launch Date
01-Jan-2013
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 (₹)
45.65
52 Week Low Nav Date
12-Mar-2024
52 Week High Nav (₹)
49.46
52 Week High Nav Date
12-Mar-2025

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 - Direct Plan - Growth Option	7.02	7.44	8.35	7.43	7.04	7.87
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 - Direct Plan - Growth Option	Jan 01, 2013		8.35	7.43	7.04	0.26	15,117.78
Aditya Birla Sun Life Floating Rate Fund-Direct Plan-Growth	Jan 01, 2013		7.91	7.20	6.73	0.23	13,190.34
Nippon India Floating Rate Fund - Direct Plan Growth Plan - Growth Option	Jan 01, 2013		8.14	6.92	7.05	0.32	7,624.32
ICICI Prudential Floating Interest Fund - Direct Plan - Growth	Jan 01, 2013		8.46	7.89	7.38	0.55	7,218.91
KOTAK FLOATING RATE FUND-DIRECT PLAN-GROWTH OPTION	May 14, 2019		8.60	7.07	7.22	0.25	3,264.16
UTI - Floater Fund - Direct Plan - Growth Option	Oct 30, 2018	Unrated	7.19	6.67	6.32	0.43	1,438.82

Fund Holdings as on 28-February-2025

Company % Assets
7.53% Floating Rate GOI 2034^
15.93
7.93% Floating Rate GOI 2033^
8.28
7.59% GOI MAT 071231^
6.22
7.3% Floating Rate GOI 2028^
3.49
Net Current Assets
3.03
8.5% Aadhar Housing Finance Limited^
2.32
7.43% Small Industries Development Bank^
2.01
7.77% Power Finance Corporation Ltd.^
1.99
7.62% National Bank for Agri & Rural Dev.^
1.66
7.58% National Bank for Agri & Rural Dev.^
1.65
7.23% Small Industries Development Bank^
1.48
7.53% National Bank for Agri & Rural Dev.
1.32
7.49% National Bank for Agri & Rural Dev.^
1.32
6.75% Sikka Port and Terminal Ltd.^
1.31
6.4% Jamnagar Utilities & Power Pvt. Ltd.^
1.30
8.36% Godrej Industries Ltd.^
1.19
9.3% TVS Credit Services Ltd^
1.19
7.6% REC Limited.
1.16
7.37% Power Finance Corporation Ltd.^
0.99
7.44% Small Industries Development Bank
0.99
Kotak Mahindra Bank Limited^
0.99
9.9% IIFL Finance Limited^
0.99
7.65% HDB Financial Services Ltd.^
0.98
India Universal Trust AL2 (PTC backed by loan receivables originated by HDFC Bank Limited) £^
0.94
Dhruva XXIV (PTC backed by loan receivables originated by Five-Star Business Finance Limited)^^
0.90
8.1% Bajaj Housing Finance Ltd.^
0.83
7.57% Indian Railways Finance Corp. Ltd.^
0.83
7.59% National Housing Bank^
0.83
7.96% Pipeline Infrastructure Pvt. Ltd.^
0.80
7.68% Indian Railways Finance Corp. Ltd.^
0.76
7.7% Larsen and Toubro Ltd.^
0.73
7.93% Bajaj Finance Ltd.^
0.67
7.93% TATA POWER RENEWABLE ENERGY LTD.^
0.66
7.9% LIC Housing Finance Ltd.^
0.66
8.15% Sundaram Home Finance Limited^
0.66
8.17% Embassy Office Parks REIT^
0.66
7.9237% Bajaj Housing Finance Ltd.^
0.66
8.6% ADITYA BIRLA RENEWABLES LIMITED^
0.66
7.66% Bajaj Housing Finance Ltd.^
0.66
8.4% SMFG India Home Finance Company Ltd^
0.66
7.57% National Bank for Agri & Rural Dev.^
0.66
9% SBFC Finance Ltd^
0.66
7.4% National Bank for Agri & Rural Dev.
0.66
6.4% LIC Housing Finance Ltd.^
0.65
7.3029% TMF Holdings Ltd. (Perpetual) (Perpetual)^
0.65
Axis Bank Ltd.^
0.64
7.23% GOI MAT 150439
0.61
7.8% LIC Housing Finance Ltd.^
0.56
7.26% GOI MAT 060233
0.51
7.77% REC Limited.^
0.50
8.95% Bharti Telecom Limited^
0.50
8.12% Bajaj Finance Ltd.^
0.50
7.96% Pipeline Infrastructure Pvt. Ltd.^
0.50
8.1167% Bajaj Finance Ltd.^
0.50
8.65% Muthoot Finance Ltd.^
0.50
7.37% National Bank for Agri & Rural Dev.^
0.50
7.59% Small Industries Development Bank^
0.50
7.58% Power Finance Corporation Ltd.
0.50
8.6% Truhome Finance Limited^
0.49
6.25% LIC Housing Finance Ltd.^
0.49
6.5% TATA Capital Housing Finance Ltd.^
0.49
TREPS - Tri-party Repo
0.49
India Universal Trust AL1 (PTC backed by loan receivables originated by HDFC Bank Limited) £^
0.48
7.89% Bajaj Housing Finance Ltd.
0.47
8.55% Mahindra Rural Housing Finance Ltd^
0.40
8.3% Indian Railways Finance Corp. Ltd.^
0.34
7.64% Gujarat SDL ISD 170124 MAT 170133^
0.34
7.18% GOI MAT 140833
0.34
7.8% Bajaj Housing Finance Ltd.^
0.33
8.225% Kotak Mahindra Prime Ltd.^
0.33
8.05% NTPC Limited^
0.33
7.79% Small Industries Development Bank^
0.33
7.6% Power Finance Corporation Ltd.^
0.33
8.4% Godrej Industries Ltd.^
0.33
7.59% National Housing Bank^
0.33
7.35% Export - Import Bank of India^
0.33
7.75% LIC Housing Finance Ltd.^
0.33
7.5% Grasim Industries Ltd.^
0.33
7.835% LIC Housing Finance Ltd.^
0.33
8.7% Bharti Telecom Limited^
0.33
7.75% LIC Housing Finance Ltd.^
0.33
7.35% National Housing Bank^
0.33
7.51% REC Limited.^
0.33
7.5% National Bank for Agri & Rural Dev.^
0.33
7.3% Power Grid Corporation of India Ltd.^
0.33
7.9944% TMF Holdings Ltd. (Perpetual) (Perpetual)^
0.33
5.45% NTPC Limited^
0.33
6.72% India Grid Trust^
0.33
Sundaram Finance Ltd.^
0.32
Sundaram Finance Ltd.^
0.31
India Universal Trust AL1 (PTC backed by loan receivables originated by HDFC Bank Limited) £^
0.31
8.7% LIC Housing Finance Ltd.^
0.31
7.95% Sikka Port and Terminal Ltd.^
0.30
Corporate Debt Market Development Fund
0.28
7.41% GOI MAT 191236
0.28
9.1% Cholamandalam Investment & Finance Co. Ltd.
0.26
8.54% SMFG India Credit Company Ltd^
0.20
7.74% Hindustan Petroleum Corp. Ltd.^
0.17
7.95% LIC Housing Finance Ltd.^
0.17
7.58% REC Limited.^
0.17
7.55% REC Limited.^
0.17
7.59% REC Limited.^
0.17
7.64% Power Finance Corporation Ltd.^
0.17
8.35% Citicorp Finance (India) Ltd.^
0.17
7.4% Power Finance Corporation Ltd.^
0.17
9% JM FINANCIAL HOME LOANS LIMITED^
0.16
9.6% JM Financial Asset Reconstruction Co. Ltd.^
0.13
7.89% Power Grid Corporation of India Ltd.^
0.09
7.18% GOI MAT 240737
0.07
8.5% Nirma 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
7.23% Tamil Nadu SDL MAT 140627^
0.01
5.77% GOI MAT 030830
0.01
7.64% Andhra Pradesh SDL ISD 170124 MAT 170131^
0.00

Sector Holding%
Miscellaneous
55.21

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+
0.66
CARE - AAA
2.64
Cash
3.52
CRISIL - A1+
2.26
CRISIL - AA
1.88
CRISIL - AA+
3.33
CRISIL - AAA
38.74
CRISIL - AAA(SO)
0.94
ICRA - AA
3.51
ICRA - AA+
0.76
ICRA - AA-
0.20
ICRA - AAA
2.35
ICRA - AAA(SO)
0.90
IND - AA
0.49
IND - AA-
0.66
IND - AAA(SO)
0.79
Sov
36.12
Unrated
0.28

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 01-Jan-2013 and currently has an AUM of ₹15,117.78 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 ₹0.01(0.03%)yesterday to ₹49.4742.

Among its top 3 holdings the fund has exposure to 7.53% 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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