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HDFC Floating Rate Debt Fund - Growth Option

(Erstwhile HDFC Floating Rate Income Fund-Short Term Plan - Wholesale Option - Growth)
Fund House: HDFC Mutual Fund
Category: Debt: Floater
Launch Date: 05-10-2007
Asset Class: Fixed Income
Benchmark: NIFTY Low Duration Debt Index
Expense Ratio: 0.48% As on (30-04-2022)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1.0
Total Assets: 18,660.8 Cr As on (30-04-2022)
Turn over: - | Exit Load: Nil
NAV as on 25-05-2022

39.6098

0.01 (0.0255%)

CAGR Since Inception

7.83%

S&P BSE India Bond Index 8.84%

PERFORMANCE

Returns Type:
of  : 
Start :  
End : 
Period:  
This Scheme
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vs
S&P BSE India Bond Index
-
Gold
-
PPF
-
Returns Type:
of  : 
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

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Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
5 Years 5 Months
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

The scheme aims to generate regular income through investing atleast 75 per cent of its assets in floating rate debt / money market instruments or fixed rate debt / money market instruments swapped for floating rate returns, and upto 25 per cent in fixed rate debt / money market instruments. It is suitable for investors with a shorter holding period.

Current Asset Allocation (%)

Indicators

Volatility 0.65
Sharp Ratio 8.01
Alpha 0.25
Beta 1.09
Yield to Maturity 5.51
Average Maturity 3.58

PEER COMPARISON

Scheme Name Inception
Date		 1 Year
Return(%)		 2 Year
Return(%)		 3 Year
Return(%)		 5 Year
Return(%)		 10 Year
Return(%)
HDFC Floating Rate Debt Fund - Growth Option 05-10-2007 3.4 5.37 6.4 6.75 7.85
Aditya Birla Sun Life Floating Rate Fund-Regular Plan-Growth 01-06-2003 3.55 4.91 6.19 6.72 7.98
Aditya Birla Sun Life Floating Rate Fund-Retail Plan-Growth 01-06-2003 3.55 4.91 6.19 6.72 7.94
SBI Floating Rate Debt Fund - Regular Plan - Growth 27-10-2020 3.42 - - - -
Kotak Floating Rate Fund-Regular Plan-Growth Option 05-05-2019 2.96 5.73 6.34 - -
ICICI Prudential Floating Interest Fund - Growth 17-11-2005 2.92 5.26 6.22 6.41 7.62
Nippon India Floating Rate Fund - Growth Plan-Growth Option 27-08-2004 2.9 5.3 6.89 6.77 7.75
Franklin India Floating Rate Fund - Growth Plan 23-04-2001 2.9 4.08 4.94 5.57 6.07
UTI - Floater Fund - Regular Plan - Growth Option 01-10-2018 2.78 3.84 5.36 - -
IDFC Floating Rate Fund - Regular Plan Growth 18-02-2021 2.75 - - - -

Scheme Characteristics

Minimum investment in floating rate instruments - 65% of total assets.

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Others

100.0%

Scheme Documents

Fact Sheet for the month of March- 22

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @20% (plus surcharge, if applicable and cess) with indexation if units held for more than 36 months

Short term capital gains (STCG) tax at the income tax slab rate applicable to the investor, if units are held for less than 36 months

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @29.12% ( 25% + 12% surcharge + 4% Health & education cess) for Individuals and @ 34.944% ( 30% + 12% surcharge + 4% Health & education cess) for any other person **

In case of an investor being NRI, LTCG tax are chargeable @ 10% (plus surcharge, if applicable and cess) without indexation relating to units redeemed from unlisted schemes.

** The DDT is to be paid by the mutual fund

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