| Risk | Moderately Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.23% |
| NAV | ₹10.08 (13 Jul 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹9,331 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 5.6% |
| GOI | Sovereign | GOI Sec | 4.3% |
| Nabha Power Ltd. | Engineering | NCD | 4.0% |
| Axis Bank Ltd. | Financial | NCD | 3.8% |
| Tata Teleservices Ltd. | Communication | CP | 3.6% |
| Tata Motors Ltd. | Automobile | CP | 3.1% |
| Union Bank of India | Financial | Bonds | 3.0% |
| Sikka Ports and Terminals Ltd. | Energy | Debenture | 2.9% |
| National Bank For Agriculture & Rural Development | Financial | CP | 2.9% |
| Canara Bank | Financial | Debenture | 2.8% |
HDFC Floating Rate Debt Fund Direct Plan Dividend Daily 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 Debt Fund Direct Plan Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹9,331 Cr and the Latest NAV as of 13 Jul 2020 is ₹10.08.
The HDFC Floating Rate Debt Fund Direct Plan Dividend Daily is rated Moderately Low risk. Minimum SIP Investment is set to 500.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.