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HDFC Floating Rate Debt Fund Direct Plan Growth

Debt
Floater
Moderate Risk
7.95%
3Y annualised
0.00% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 20 Oct 2021₹39.56
Min. SIP amount₹1,000
Rating3star
Fund size₹24,157.54 Cr

Returns and rankings

Category: Debt Floater
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns5.6%8.0%7.6%8.3%
Category average5.3%7.6%7.3%NA
Rank with in category333NA
Understand termsinfo

Holdings (126)

NameSectorInstrumentAssets
GOI
SovereignGOI Sec6.9%
GOI
SovereignGOI FRB6.8%
FinancialFRD2.5%
Power Finance Corporation Ltd.
FinancialFRD2.3%
Reserve Bank of India
FinancialT-Bills2.1%
Reserve Bank of India
FinancialT-Bills2.0%
FinancialCD2.0%
Reserve Bank of India
FinancialT-Bills1.9%
ConstructionNCD1.7%
FinancialNCD1.6%
See All

Pros and cons

info
Category: Debt Floater
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Pros

Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Higher alpha: 4.22 The fund has generated returns higher than benchmark - CRISIL Liquid Fund Index - in the last 3Y
Exit load is zero
Lower expense ratio: 0.23%
Consistently top ranked fund
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
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Cons

Higher AUM: 24157Cr. Funds with a higher AUM tend to have lower returns in the future

Expense ratio, exit load and tax

Expense ratio: 0.23%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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

Understand termsinfo
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1
Min. for SIP₹1,000

Fund management

Shobhit Mehrotra
Jan 2013 - Present
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Anand Laddha
Oct 2020 - Present
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Amar Kalkundrikar
Jan 2019 - Present
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Chirag Dagli
Jul 2019 - Present
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Sankalp Baid
Jan 2021 - Present
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Fund house & investment objective

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Fund house contact details

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