HDFC Floating Rate Debt Fund Dividend Monthly+0.10%

4
9.27%
1 Year Return
Debt
Floater
4.0star
6M
1Y
3Y
5Y
All

Fund Details

HDFC Floating Rate Debt Fund Dividend Monthly

RiskModerately Low
Min SIP AmountNot Supported
Expense Ratio0.38%
NAV10.19 (07 Jul 2020)
Fund Started23 Oct 2007
Fund Size8,959 Cr

Returns

1Y
3Y*
5Y*
Since inception*
HDFC Floating Rate Debt Fund Dividend Monthly
9.3%
8.0%
8.1%
8.3%
Category Average
8.1%
7.3%
7.6%
-
Rank within category
3
2
2
-
*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
    0
    with 9.3% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. Risk-adjusted returns are higher compared to the category
    3. Lower expense ratio
    4. 1Y Returns are higher than the benchmark
    5. 3Y Returns are higher than the benchmark
    6. Exit load is zero
    Cons
    1. Risk is higher compared to the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    GOISovereignGOI Sec5.6%
    GOISovereignGOI Sec4.3%
    Nabha Power Ltd.EngineeringNCD4.0%
    Axis Bank Ltd.FinancialNCD3.8%
    Tata Teleservices Ltd.CommunicationCP3.6%
    Tata Motors Ltd.AutomobileCP3.1%
    Union Bank of IndiaFinancialBonds3.0%
    Sikka Ports and Terminals Ltd.EnergyDebenture2.9%
    National Bank For Agriculture & Rural DevelopmentFinancialCP2.9%
    Canara BankFinancialDebenture2.8%
    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
    addChirag Dagli
    Education
    Mr. Dagli has done B. COM and Chartered Accountant.
    Experience
    Prior to joining HDFC AMC, he has worked with Aviva India Life Insurance Company Ltd., ICICI Securities Ltd., Pioneer Invest Corp, Deutsche Equities, Citigroup Global Markets.
    Funds Managed

    HDFC Floating Rate Debt Fund Dividend Monthly Details

    HDFC Floating Rate Debt Fund Dividend Monthly is a Debt Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was made available to investors on 23 Oct 2007. Shobhit Mehrotra is the Current Fund Manager of HDFC Floating Rate Debt Fund Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹8,959 Cr and the Latest NAV as of 07 Jul 2020 is ₹10.19.

    The HDFC Floating Rate Debt Fund Dividend Monthly is rated Moderately Low risk. Minimum SIP Investment is set to 500.

    Investment Objective

    The investment objective of the scheme is to generate regular income through investment in a portfolio comprising substantially of floating & 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)

    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
    HDFC Bank
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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