HDFC Floating Rate Debt Fund Direct Plan Dividend Monthly+0.03%

3Groww
8.67%
1 Year Return
Debt
Floater
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

HDFC Floating Rate Debt Fund Direct Plan Dividend Monthly

RiskModerately Low
Min SIP AmountNot Supported
Expense Ratio0.23%
NAV10.2 (23 Aug 2019)
Fund Started01 Jan 2013
Fund Size11,341 Cr

Returns

1Y
3Y*
5Y*
Since inception*
HDFC Floating Rate Debt Fund Direct Plan Dividend Monthly
8.7%
7.7%
8.3%
8.5%
Category Average
8.3%
7.2%
7.8%
-
Rank within category
3
3
4
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 8.7% annual returns

    Comparison

    Data not available
    Pros
    Found nothing so far.
    Cons
    Found nothing so far.

    Top Holdings

    NameSectorInstrument% Assets
    LIC Housing Finance Ltd.FinancialNCD6.0%
    Export-Import Bank Of IndiaFinancialCD4.2%
    Nabha Power Ltd.EngineeringNCD3.5%
    GOISovereignGOI Sec3.2%
    National Housing BankFinancialNCD3.1%
    Power Finance Corpn. Ltd.FinancialDebenture3.1%
    Housing Development Finance Corpn. Ltd.FinancialBonds/Deb2.8%
    Axis Bank Ltd.FinancialCD2.6%
    Small Industries Devp. Bank of India Ltd.FinancialCD2.6%
    Union Bank of IndiaFinancialBonds2.5%
    See All

    Fund Managers

    addShobhit Mehrotra
    Education
    He is an MBA from Clemson University, USA.
    Experience
    Prior to joining HDFC AMC he has worked with Templeton AMC, and ICRA.
    Funds Managed
    addAmar Kalkundrikar
    Education
    Mr. Kalkundrikar has done B.Com, CA, CFA, and MBA from Columbia Business School.
    Experience
    Mr. Kalkundrikar has over 16 years of experience of which 13 years is in Equity Research and Portfolio Management.
    Funds Managed

    Other Details

    HDFC Floating Rate Debt Fund Direct Plan Dividend Monthly is a Debt Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Shobhit Mehrotra is the Current Fund Manager of HDFC Floating Rate Debt Fund Direct Plan Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹11,341 Cr and the Latest NAV as of 23 Aug 2019 is ₹10.2.

    The HDFC Floating Rate Debt Fund Direct Plan Dividend Monthly is rated Moderately Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Nil.

    Investment 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.

    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)

    ₹5000
    Min for First Investment
    ₹1
    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
    29 Jun 2000
    Website
    NA
    HDFC Mutual Fund
    Asset Management Company
    Custodian
    HDFC Bank
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
    Invest Now
    Enter investment amount
    + ₹1,000
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    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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