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HDFC Floating Rate Income Long term Direct Plan Growth+0.01%

5.54%
1 Year Return
Debt
Floater
2.0star
6M
1Y
3Y
5Y

Fund Details

HDFC Floating Rate Income Long term Direct Plan Growth

RiskModerate
Min SIP AmountNot Supported
Expense Ratio0.24%
NAV₹30.60 (08 May 2018)
Fund Started01 Jan 2013
Fund Size1,832 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
5.5%
7.8%
8.1%
8.2%
Category Average
8.3%
6.5%
6.9%
-
Rank Within Category
-
-
-
-
*All returns are annualized.
SIP
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 5.5% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 0.23672604%
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. Exit load is zero
Cons
1. 1Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
Sikka Ports and Terminals Ltd.EnergyDebenture8.8%
Power Finance Corpn. Ltd.FinancialBonds8.1%
Indiabulls Housing Finance Ltd.FinancialDebenture7.2%
Daimler Financial Services India Pvt. Ltd.FinancialDebenture7.1%
Andhra Pradesh Expressway Ltd.ServicesDebenture5.6%
Bajaj Finance Ltd.FinancialDebenture4.7%
Axis Bank Ltd.FinancialCD4.5%
National Bank For Agriculture & Rural DevelopmentFinancialCP4.5%
Jamnagar Utilities and Power Pvt. Ltd.EngineeringDebenture4.3%
Toyota Financial Services Ltd.FinancialDebenture2.8%
See All

Fund Managers

HDFC Floating Rate Income Long term Direct Plan Growth Details

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 01 Jan 2013. 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 ₹1,832 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 Objective

The 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.

Tax Implications

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Scheme Information Document(SID)

Not Supported
Min for First Investment
Not Supported
Min for Second Investment
Nil
Exit Load

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About HDFC Mutual Fund

Address
“HDFC House”, 2nd Floor, H.T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai 400020
Phone
022 6631 6333
Launch Date
30 Jun 2000
Website
NA
HDFC Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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