How to Invest in HDFC Floating Rate Income Long term Direct Plan Growth?

You can easily invest in HDFC Floating Rate Income Long term Direct Plan Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for HDFC Floating Rate Income Long term Direct Plan Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in HDFC Floating Rate Income Long term Direct Plan Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does HDFC Floating Rate Income Long term Direct Plan Growth provide?

The HDFC Floating Rate Income Long term Direct Plan Growth has been there from 01 Jan 2013 and the average annual returns provided by this fund is 5.54% since its inception.

How much expense ratio is charged by HDFC Floating Rate Income Long term Direct Plan Growth?

The term Expense Ratio used for HDFC Floating Rate Income Long term Direct Plan Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of HDFC Floating Rate Income Long term Direct Plan Growth is 0.24% as of 03 Sep 2025...

What is the AUM of HDFC Floating Rate Income Long term Direct Plan Growth?

The AUM, short for Assets Under Management of HDFC Floating Rate Income Long term Direct Plan Growth is ₹1,831.93Cr as of 03 Sep 2025.

How to Redeem HDFC Floating Rate Income Long term Direct Plan Growth?

If you want to sell your HDFC Floating Rate Income Long term Direct Plan Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

What is the PE and PB ratio of HDFC Floating Rate Income Long term Direct Plan Growth?

The PE ratio ratio of HDFC Floating Rate Income Long term Direct Plan Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

HDFC Floating Rate Income Long term Direct Plan Growth - NAV, Mutual Fund Performance & Portfolio

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HDFC Floating Rate Income Long term Direct Plan Growth
Debt
Floater
Moderate Risk
7.77%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
5Y
 NAV: 08 May 2018
₹30.60
Rating
2
Min. SIP amount
Not Supported
Fund size
₹1,831.93Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Holdings (27)NameSectorInstrumentAssets
Sikka Ports and Terminals Ltd.
EnergyDebenture8.78%
Power Finance Corpn. Ltd.
FinancialBonds8.13%
Indiabulls Housing Finance Ltd.
FinancialDebenture7.15%
Daimler Financial Services India Pvt. Ltd.
FinancialDebenture7.11%
Andhra Pradesh Expressway Ltd.
ServicesDebenture5.56%
Bajaj Finance Ltd.
FinancialDebenture4.73%
Axis Bank Ltd.
FinancialCD4.49%
National Bank For Agriculture & Rural Development
FinancialCP4.48%
Jamnagar Utilities and Power Pvt. Ltd.
EngineeringDebenture4.32%
Toyota Financial Services Ltd.
FinancialDebenture2.81%
Housing Development Finance Corpn. Ltd.
FinancialDebenture2.41%
Housing Development Finance Corpn. Ltd.
FinancialDebenture2.38%
LIC Housing Finance Ltd.
FinancialBonds2.38%
Housing Development Finance Corpn. Ltd.
FinancialDebenture2.37%
Indian Railway Finance Corpn. Ltd.
FinancialBonds2.37%
National Bank For Agriculture & Rural Development
FinancialBonds2.37%
GOI
SovereignCGL2.36%
REC Ltd.
FinancialDebenture2.36%
Bajaj Finance Ltd.
FinancialDebenture2.35%
Mahindra & Mahindra Financial Services Ltd.
FinancialBonds/Deb2.34%
Daimler Financial Services India Pvt. Ltd.
FinancialDebenture2.06%
GOI
SovereignGOI Sec1.98%
LIC Housing Finance Ltd.
FinancialDebenture1.92%
Power Finance Corpn. Ltd.
FinancialBonds/NCD1.81%
Andhra Pradesh Expressway Ltd.
ServicesDebenture0.88%
GOI
SovereignGOI Sec0.76%
GOI
SovereignGOI Sec0.03%
See All
Minimum investment amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Debt Floater
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns5.5%7.8%8.1%NA
Category average7.8%7.1%5.9%NA
Rank with in categoryNANANANA
Understand terms
Peer ComparisonDebt, Floater fundsRating1Y3YFund Size(Cr)
ICICI Prudential Floating Interest Fund Direct Plan Growth
4
8.4%8.5%7,555.42
Franklin India Floating Rate Fund Direct Growth
3
8.5%8.4%352.17
HDFC Floating Rate Debt Fund Direct Plan Growth
4
8.4%8.1%15,496.95
Aditya Birla Sun Life Floating Rate Direct Fund Growth
5
8.3%7.8%13,619.76
UTI Floater Fund Direct Growth
4
7.6%7.3%1,434.40
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting  your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
30 Sep 2018 - Present
0.24%
30 Apr 2018 - 30 Sep 2018
0.21%
31 Mar 2018 - 30 Apr 2018
0.21%
28 Feb 2018 - 31 Mar 2018
0.21%
31 Jan 2018 - 28 Feb 2018
0.21%
31 Dec 2017 - 31 Jan 2018
0.21%
30 Nov 2017 - 31 Dec 2017
0.21%
31 Oct 2017 - 30 Nov 2017
0.21%
Expense ratio, exit load and taxExpense ratio: 0.24%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed as per your Income Tax slab.
Understand terms
Check past data
Fund house & investment objective
HDFC Mutual Fund
Rank (total assets)#2 in India
Total AUM₹8,65,702.46Cr
Date of Incorporation10 Dec 1999
    HDFC Floating Rate Income Long term Direct Plan Growth is a Debt Mutual Fund Scheme launched by HDFC Mutual Fund.     This scheme was made available to investors on 10 Dec 1999.     Shobhit Mehrotra is the Current Fund Manager of HDFC Floating Rate Income Long term Direct Plan Growth fund.     The fund currently has an Asset Under Management(AUM) of ₹8,65,702 Cr and     the Latest NAV as of 08 May 2018 is ₹30.60.  

    The HDFC Floating Rate Income Long term Direct Plan Growth is rated Moderate risk.     Minimum SIP Investment is set to ₹500.          
  ;
Investment ObjectiveThe scheme aims to generate regular income through investing atleast 75 per cent of its assets in floating rate debt / money market instruments or fixed rate debt / money market instruments swapped for floating rate returns, and upto 25 per cent in fixed rate debt / money market instruments. It is suitable for investors with a relatively longer holding period. 
 
;
Fund benchmarkCRISIL Short-Term Bond Index
Scheme Information Document(SID)
Fund house contact details
Address
"HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, BackbayReclamation, Churchgate Mumbai 400020
Phone
022 – 66316333
Launch Date
10 Dec 1999
E-mail
[email protected]
Website
www.hdfcfund.com
HDFC Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
Compare funds
HDFC Floating Rate Income Long term Direct Plan Growth
VS
Add mutual fund to compare

Name	Sector	Instrument	Assets
Sikka Ports and Terminals Ltd.	Energy	Debenture	8.78%
Power Finance Corpn. Ltd.	Financial	Bonds	8.13%
Indiabulls Housing Finance Ltd.	Financial	Debenture	7.15%
Daimler Financial Services India Pvt. Ltd.	Financial	Debenture	7.11%
Andhra Pradesh Expressway Ltd.	Services	Debenture	5.56%
Bajaj Finance Ltd.	Financial	Debenture	4.73%
Axis Bank Ltd.	Financial	CD	4.49%
National Bank For Agriculture & Rural Development	Financial	CP	4.48%
Jamnagar Utilities and Power Pvt. Ltd.	Engineering	Debenture	4.32%
Toyota Financial Services Ltd.	Financial	Debenture	2.81%
Housing Development Finance Corpn. Ltd.	Financial	Debenture	2.41%
Housing Development Finance Corpn. Ltd.	Financial	Debenture	2.38%
LIC Housing Finance Ltd.	Financial	Bonds	2.38%
Housing Development Finance Corpn. Ltd.	Financial	Debenture	2.37%
Indian Railway Finance Corpn. Ltd.	Financial	Bonds	2.37%
National Bank For Agriculture & Rural Development	Financial	Bonds	2.37%
GOI	Sovereign	CGL	2.36%
REC Ltd.	Financial	Debenture	2.36%
Bajaj Finance Ltd.	Financial	Debenture	2.35%
Mahindra & Mahindra Financial Services Ltd.	Financial	Bonds/Deb	2.34%
Daimler Financial Services India Pvt. Ltd.	Financial	Debenture	2.06%
GOI	Sovereign	GOI Sec	1.98%
LIC Housing Finance Ltd.	Financial	Debenture	1.92%
Power Finance Corpn. Ltd.	Financial	Bonds/NCD	1.81%
Andhra Pradesh Expressway Ltd.	Services	Debenture	0.88%
GOI	Sovereign	GOI Sec	0.76%
GOI	Sovereign	GOI Sec	0.03%

	1Y	3Y	5Y	All
Fund returns	5.5%	7.8%	8.1%	NA
Category average	7.8%	7.1%	5.9%	NA
Rank with in category	NA	NA	NA	NA

Debt, Floater funds	Rating	1Y	3Y	Fund Size(Cr)
ICICI Prudential Floating Interest Fund Direct Plan Growth	4	8.4%	8.5%	7,555.42
Franklin India Floating Rate Fund Direct Growth	3	8.5%	8.4%	352.17
HDFC Floating Rate Debt Fund Direct Plan Growth	4	8.4%	8.1%	15,496.95
Aditya Birla Sun Life Floating Rate Direct Fund Growth	5	8.3%	7.8%	13,619.76
UTI Floater Fund Direct Growth	4	7.6%	7.3%	1,434.40