Home Mutual FundsHDFC Floating Rate Debt Direct Plan Wholesale Weekly Dividend Payout Option

Overview (as on 18 Sep 2020)

NAV

₹10.0879

1y returns

7.769%

Fund AUM

₹10,681 Cr

Expense Ratio

0.23%

Fund Performance

Calculator

Monthly SIP

Lumpsum

I would like to invest

For Time Period

5 years

Total investment

₹0

Pre-Tax

Post-Tax

HDFC Floating Rate Debt Direct Plan Wholesale Weekly Dividend Payout Option

₹0

5.78% projected returns

ICICI Prudential Floating Interest Fund Direct Plan Fortnightly Dividend Payout

₹0

6.19% projected returns

Nippon India Floating Rate Fund Direct Plan Monthly Dividend Payout Plan

₹0

5.30% projected returns

Aditya Birla Sun Life Floating Rate Fund Direct Plan Weekly Dividend Payout

₹0

4.46% projected returns

UTI Floater Direct Half Yearly Dividend payout

₹0

5.20% projected returns

Kotak Floating Rate Fund Direct Monthly Dividend Payout

₹0

5.74% projected returns

Asset Allocation

Debt & Cash (100.00%)

Sector Allocation

Corporate

59.18%

Government

21.99%

Cash Equivalent

17.73%

Securitized

1.10%

Debt Credit Ratings

AAA

84.07%

12.19%

3.74%

Key Metrics

Modified Duration

1.16 yr

Average Maturity

2.04 yr

Yield to Maturity

5.69%

Top 10 Holdings

All

Equity

Debt & Cash

Holding Name
Type
Holding Percentage
6.79% Govt Stock 2027
Sovereign
Debt
3.78%
NABHA POWER LIMITED
ICRA - AAA(CE) | Low Risk
Debt
3.53%
7.59% Govt Stock 2026
Sovereign
Debt
3.34%
Axis Bank Limited
CRISIL - A1+
Debt
3.28%
Tata Teleservices Limited
CRISIL - A1+
Debt
3.17%

Treps - Tri-Party Repo
Low Risk
Cash
2.81%
Tata Motors Limited
CRISIL - A1+
Debt
2.77%
Union Bank Of India
CARE - AA-
Debt
2.69%
Reliance Ports And Terminals Limited
CARE - AAA | Low Risk
Debt
2.55%
National Bank For Agriculture And Rural Development
IND - A1+
Debt
2.54%

Fund Details

Investment Objectives

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.\\nThere is no assurance that the investment objective of the Scheme will be realized.

Scheme Name

HDFC Floating Rate Debt Direct Plan Wholesale Weekly Dividend Payout Option

Scheme Document

Click Here

Exit Load

After 0 Years : 0%

Plan Started

01 January, 2013

Fund Manager

Chirag Dagli

Fund House Details

Fund House

HDFC Asset Management Company Limited

Phone

Address

HDFC Asset Management Company Limited,“HUL House”, 2nd Floor,,H.T. Parekh Marg,165-166, Backbay Reclamation,,Churchgate,

Other Related Plans

Fund Name	Plan Type	Expense Ratio	1yr Returns
HDFC Floating Rate Debt - Direct Plan - Wholesale Growth Option	Direct	0.23%	8.84%
HDFC Floating Rate Debt Direct Plan Wholesale Daily Dividend Reinvestment Option	Direct	0.23%	5.04%
HDFC Floating Rate Debt Direct Plan Wholesale Monthly Dividend Reinvestment Option	Direct	0.23%	7.67%
HDFC Floating Rate Debt Direct Plan Wholesale Weekly Dividend Reinvestment Option	Direct	0.23%	7.77%
HDFC Floating Rate Debt Direct Plan Wholesale Monthly Dividend Payout Option	Direct	0.23%	7.67%
HDFC Floating Rate Debt - Wholesale Plan - Growth	Regular	0.48%	8.65%
HDFC Floating Rate Debt Wholesale Plan Daily Dividend Reinvestment	Regular	0.48%	7.46%
HDFC Floating Rate Debt Wholesale Plan Monthly Dividend Reinvestment	Regular	0.48%	7.50%
HDFC Floating Rate Debt Wholesale Plan Weekly Dividend Reinvestment	Regular	0.48%	7.61%
HDFC Floating Rate Debt Wholesale Plan Monthly Dividend Payout	Regular	0.48%	7.50%
HDFC Floating Rate Debt Wholesale Plan Weekly Dividend Payout	Regular	0.48%	7.61%

Peer Funds

Nippon India Floating Rate Fund Direct Plan Monthly Dividend Payout Plan

DebtFloating RateDirectModerately Low risk

1 yr returns

9.43%

AUM

₹12,158 Cr

Expense Ratio

0.22%

ICICI Prudential Floating Interest Fund Direct Plan Fortnightly Dividend Payout

DebtFloating RateDirectModerate Risk

1 yr returns

7.59%

AUM

₹8,837 Cr

Expense Ratio

0.59%

Aditya Birla Sun Life Floating Rate Fund Direct Plan Weekly Dividend Payout

DebtFloating RateDirectModerately Low risk

1 yr returns

8.24%

AUM

₹6,886 Cr

Expense Ratio

0.19%

UTI Floater Direct Half Yearly Dividend payout

DebtFloating RateDirectModerately Low risk

1 yr returns

5.62%

AUM

₹1,921 Cr

Expense Ratio

0.34%

Kotak Floating Rate Fund Direct Monthly Dividend Payout

DebtFloating RateDirectModerately Low risk

1 yr returns

8.71%

AUM

₹647 Cr

Expense Ratio

0.23%

HDFC Floating Rate Debt Direct Plan Wholesale W...

NAV

₹10.0879

Name: HDFC Floating Rate Debt Direct Plan Wholesale Weekly Dividend Payout Option
Brand: HDFC Asset Management Company Limited
SKU: F00000PE02
Price: 10.0879 INR
Availability: InStock
Rating: 3 (5 reviews)

INDmoney Analysis

Return Score

Excellent

Fund is in Top 20 percent in its Category

Return score is based upon:

Benchmark out performance

Consistency of returns

Indicative yields

Risk Score

Average

Fund is in Top 50 percent in its Category

Risk score is based upon:

Market sensitivity

Credit risk

Underlying maturity

Credit Quality

High

Fund has high quality bonds and commercial papers

Credit Quality is based upon:

Long term credit rating

Credit rating outlook

Probability of default

Interest Rate Sensitivity

Medium

Based on credit rating and modified duration of underlying instruments

Fund Managers

Chirag Dagli

Manager

Vikash Agarwal

Manager

Shobhit Mehrotra

Manager

Qualifications

B. Text., M.S. MBA (Clemson University, SC, USA)

Work Experience

Mr. Shobhit Mehrotra is the Senior Fund Manager - Fixed Income and Head of Credit. He has over 25 years of experience in Fixed Income markets, Fixed Income Dealing and credit rating. Previously he worked for Franklin Templeton Asset Management as AVP & Portfolio Manager (Fixed Income) and ICRA Ltd. as Business/Investment Analyst, Member Executive Committee. Mr. Mehrotra has a B. Tech, M.S MBA from Clemon University, SC, USA

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