HDFC Floating Rate Income Fund - Long Term Plan - Growth - Regular Plan

This Scheme HDFC Floating Rate Income Fund - Long Term Plan - Growth - Regular Plan is Merged with HDFC Corporate Bond Fund - Growth - Regular Plan
Other Plans and Options
  • 0.01 %Nav, as on 08-05-2018

  • Previous Nav

  • Net Change on 08-05-2018

  • PersonalFN Rating

  • Assets (Cr.)

  • Expense Ratio

Fund Overview Growth | Regular Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

Fund Objective

To generate regular income through investment in a portfolio comprising substantially of floating rate debt/money market instruments, fixed rate debt/money market instruments swapped for floating rate returns and fixed rate debt securities and money market instruments.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
HDFC Floating Rate Income Fund-Long Term Plan-GROWTH -2.15 6.46 5.91 7.71 8.03 7.56
Crisil 1 Yr T-Bill 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 8.38 6.97 6.72 0.35 18,830.54
ICICI Prudential Floating Interest Fund - Growth Nov 17, 2005 8.25 6.86 6.53 1.26 11,965.74
Nippon India Floating Rate Fund - Growth Plan-Growth Option Sep 02, 2004 Unrated 8.20 6.52 6.65 0.58 7,337.33
Aditya Birla Sun Life Floating Rate Fund-Regular Plan-Growth Mar 25, 2009 7.95 6.85 6.39 0.37 6,173.05
Franklin India Floating Rate Fund - Growth Plan Apr 23, 2001 8.22 6.67 5.71 0.95 210.28

Fund Holdings as on 30-April-2018

  • Net Current Assets

  • Sikka Ports & Terminals Ltd. (erstwhile Reliance Ports and Terminals Ltd.)

  • Power Finance Corporation Ltd.**

  • Indiabulls Housing Finance Ltd.**

  • Daimler Financial Services (I) Pvt Ltd.**

  • Andhra Pradesh Expressway Ltd.(NHAI Annuity)**

  • Bajaj Finance Ltd.**

  • Axis Bank Ltd.**

  • National Bank for Agriculture & Rural Development**

  • Reliance Utilities & Power Pvt. Ltd.**

  • Toyota Financial Services India Ltd.**

  • Housing Development Finance Corporation Ltd.$**

  • Housing Development Finance Corporation Ltd.$**

  • LIC Housing Finance Ltd.**

  • National Bank for Agriculture & Rural Development**

  • Housing Development Finance Corporation Ltd.$**

  • Indian Railway Finance Corporation Ltd.**

  • 7.72 GOI 2025

  • Rural Electrification Corporation Ltd.**

  • Bajaj Finance Ltd.**

  • Mahindra & Mahindra Financial Services Ltd.**

  • Daimler Financial Services (I) Pvt Ltd.**

  • 7.68 GOI 2023

  • LIC Housing Finance Ltd.**

  • Power Finance Corporation Ltd.**

  • Andhra Pradesh Expressway Ltd.(NHAI Annuity)**

  • 6.68 GOI 2031

  • 7.73 GOI 2034

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  • Miscellaneous

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Fund Manager

  • Education:B.E. (Electrical) & PGDBM(XLRI)
  • Experience:9 Years
  • Basic Details:Mr. Rakesh Vyas has over 9 years of experience of which 3 years in Application Engineering (Control & Automation) and over 5 years in equity research. He is with HDFC AMC from Oct 2009 till date. He has also worked with Nomura Financial Advisory and Securities Pvt. Ltd., Lehman Brothers Services India Pvt. Ltd., GE Power Controls India Pvt. Ltd., Larsen & Toubro Limited.
  • Funds Managed:

  • CARE - AAA

  • Cash

  • CRISIL - A1+

  • CRISIL - AAA

  • FITCH - AAA

  • ICRA - AAA(SO)

  • Sovereign

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About HDFC Floating Rate Income Fund - Long Term Plan

Scheme Analysis

HDFC Floating Rate Income Fund - Long Term Plan 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 ₹1,052.33 crore. HDFC Floating Rate Income Fund - Long Term Plan is benchmarked against Crisil 1 Yr T-Bill Index as primary index and CRISIL Short Term Bond Index as secondary index.

The NAV of HDFC Floating Rate Income Fund - Long Term Plan ended up ₹0(0.01%)yesterday to ₹30.5188.

Among its top 3 holdings the fund has exposure to Net Current Assets, and

The HDFC Floating Rate Income Fund - Long Term Plan is managed by Shobhit Mehrotra and Rakesh Vyas.

Fund House Contact

HDFC House, 2nd floor, H.T. Parekh Marg, 165-166 Backbay Reclamation, Churchgate Mumbai - 400 020

+91 (22) 66316333
cliser@hdfcindia.com
+91 (22) 22821144