HDFC Floating Rate Debt Fund Direct Growth
Get the latest NAV of HDFC Floating Rate Debt Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹50.44
NAV as on 09 May 2025
7.94%/per year
Since Inception
▲▼
528 people have invested ₹ 98.9L in HDFC Floating Rate Debt Fund Direct Growth in the last three months
Fund Performance
as on (09-May-25)
Peer comparison
HDFC Floating Rate Debt Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
HDFC Floating Rate Debt Fund Asset Allocation
as on (31-Dec-69)
Fund Distribution
as on (31-Dec-69)
Debt & Cash 99.7%
HDFC Floating Rate Debt Fund Sector Allocation
as on (31-Dec-69)
Sector Allocation
Debt & Cash 99.7%
Top 3 Sectors in March were Financial Services, Corporate & Government
Financial Services
100%
Corporate
49%
Government
47%
Financial Services
100%
Corporate
47%
Government
47%
HDFC Floating Rate Debt Fund Holdings Details
as on (30-Apr-25)
Debt & Cash
HDFC Floating Rate Debt Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.26% |
Benchmark | CRISIL Short Duration Debt A-II TR INR |
| AUM | ₹14469 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 25.19% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Low to Moderate Risk |
About HDFC Floating Rate Debt Fund
HDFC Floating Rate Debt Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Shobhit Mehrotra. This fund is suitable to keep your money safe.
Key Parameters
- HDFC Floating Rate Debt Fund Direct Growth has ₹14469 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.3.
Returns
HDFC Floating Rate Debt Fund Direct Growth has given a CAGR return of 7.94% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.08%, 8.01% and 7.18% respectively.
Holdings
HDFC Floating Rate Debt Fund Direct Growth has allocated its funds majorly in Financial Services, Government, Cash Equivalent, Corporate, Securitize. Its top holdings are 7.53% Govt Stock 2034, 7.81% Govt Stock 2033, 7.3% Govt Stock 2028, HDFC Bank Limited, Power Finance Corporation Limited
Taxation
As it is a floating rate mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of HDFC Floating Rate Debt Fund Direct Growth
To generate income/capital appreciation through investment in a portfolio comprising substantially of floating rate debt, fixed rate debt instruments swapped for floating rate returns and money market instruments. There is no assurance that the investment objective of the Scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. HDFC Floating Rate Debt Fund Direct Growth has no lock in period.
Fund Manager
Shobhit Mehrotra
Fund Manager of HDFC Floating Rate Debt Fund Direct Growth, since 23 October 2007
- AUM of the fund stands at 14.7K Cr as of Mar'25
- AUM decreased by 393.6 Cr between Mar'25 and Feb'25
More funds from HDFC
1Y CAGR
▲ 12.68
1Y CAGR
▲ 12.24
1Y CAGR
▲ 11.97
1Y CAGR
▲ 11.66
5Y CAGR
▲ 6.24
Frequently Asked Questions for HDFC Floating Rate Debt Fund Direct Growth
What is the current NAV of HDFC Floating Rate Debt Fund Direct Growth?
What are the average returns of HDFC Floating Rate Debt Fund Direct Growth?
HDFC Floating Rate Debt Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.76% | 0.76% |
6 Month Returns | 4.4% | 4.4% |
1 Year Returns | 9.08% | 9.08% |
3 Years Returns | 25.99% | 8.01% |
How do I invest in HDFC Floating Rate Debt Fund Direct Growth?
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
What is the expense ratio of HDFC Floating Rate Debt Fund Direct Growth?
What is net assets under management (AUM) of HDFC Floating Rate Debt Fund Direct Growth?
What are the top 5 holdings of HDFC Floating Rate Debt Fund Direct Growth?
What are the top 3 sectors that this HDFC Floating Rate Debt Fund Direct Growth has invested in?
What is the yield to maturity ratio of HDFC Floating Rate Debt Fund Direct Growth?
What is the modified duration of HDFC Floating Rate Debt Fund Direct Growth?
What is the credit rating breakup of HDFC Floating Rate Debt Fund Direct Growth?
AAA | 87.77 |
AA | 12.23 |