DEBT•FLOATER FUND
HDFC Floating Rate Debt Fund
3 Year return
7.81%
NAV on August 18, 2026
54.8293
1D Returns
-0.02%
Launched on January 2013(13 years)
Investment Details
₹100
Minimum SIP Amount
₹100
Minimum one time investment
Fund has no lock-in period
Calculate Returns
Based on past performance of this fund
₹
Your Investment₹3,600
Gain
13%₹468
Total Value ₹4,068
Risk Involved
Your principal will be at
Very High Risk
Scheme Information
Asset Under Management
₹16,408.56 Cr.
Expense Ratio
0.27% (inclusive of GST)
Exit Load
Nil
Ratings
4
Ratings by other agencies
Value Research
4
Crisil
0
Morning Star
4
Tax Implications
Tax on gains as per your income tax bracket
HDFC Mutual Fund Manager
AB
Anil Bamboli
Fund Manager since Jul 2022
DM
Dhruv Muchhal
Fund Manager since Jun 2023
SM
Shobhit Mehrotra
Fund Manager since Feb 2016
Fund House Details
HDFC Mutual Fund
Asset management company
AUM
₹9,61,940.45 Cr.
No. of Schemes
186
Setup Date
July 2000
Peer Comparison
Comparison with other similar funds
| Funds | 3 Y Returns | ARQ Rating |
|---|---|---|
| Axis Floater Fund | 8.6588% | 0 |
| Franklin India Floating Rate Fund | 8.2521% | 1.5 |
| ICICI Prudential Floating Interest Fund | 8.0635% | 4 |
Schemes by HDFC Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
Hybrid . Dynamic Asset Allocation or Balanced Advantage
HDFC Balanced Advantage Fund Growth Plan Direct Plan13.4075%
Hybrid . Dynamic Asset Allocation or Balanced Advantage
HDFC Balanced Advantage Fund IDCW Plan Direct Plan Payout12.9814%
Hybrid . Dynamic Asset Allocation or Balanced Advantage
HDFC Balanced Advantage Fund IDCW Plan Direct Plan Reinvestment12.9814%
HDFC Floating Rate Debt Fund Direct Plan Growth, managed by HDFC Mutual Fund, falls within the category of Debt Mutual Fund Scheme. This open-ended debt scheme primarily directs its investments towards floating rate instruments, including fixed rate instruments that are converted to floating rate exposures. The fund's portfolio is diversified, encompassing securities with varying maturities. The duration of the fund is calibrated to reflect the sensitivity of the average maturity of these securities concerning changes in interest rates.
Investment objective of the scheme
The primary investment objective of HDFC Floating Rate Debt Fund Direct Plan Growth is twofold: generating income and capital appreciation. This is achieved by constructing a portfolio that predominantly comprises floating rate debt instruments, alongside fixed rate debt instruments that have been exchanged for floating rate returns. Additionally, the scheme includes money market instruments in its portfolio to further diversify its holdings.
Key Features of The Fund
5-year return
6.9226%
Expense Ratio
0.27%
Fund Manager
Anil Bamboli
Fund Size
₹16408.56 Cr.
Risk Profile
Moderate
Is this scheme good for me?
Investors seeking to allocate their funds for a longer duration while favouring relatively lower-risk assets compared to equity funds might find HDFC Floating Rate Debt Fund Direct Plan Growth appealing. The fund's strategic focus on floating rate instruments and its diverse composition aim to balance potential returns with risk considerations. However, as with any investment decision, individuals should assess their own financial objectives and risk tolerance. If an investor's goal aligns with a longer investment horizon and a preference for lower-risk avenues, this scheme could potentially be a suitable choice. Before making any investment commitment, individuals should thoroughly review the fund's prospectus, and disclosures, and consider seeking advice from a financial advisor.
AMC Contact Details
| Name | HDFC Mutual Fund |
| Launch Date | July 2000 |
| Address | "HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai - 400020 |
| Contact | 1800 3010 67671800 419 7676 |
| hello@hdfcfund.com | |
| Website | https://www.hdfcfund.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
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FAQs
What is today's NAV of HDFC Floating Rate Debt Fund?
NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of HDFC Floating Rate Debt Fund on August 18, 2026, is ₹54.8293
What is the AUM of HDFC Floating Rate Debt Fund?
Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of HDFC Floating Rate Debt Fund, is ₹16408.56 crore.
What is the expense ratio of HDFC Floating Rate Debt Fund?
The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund's returns. The expense ratio of HDFC Floating Rate Debt Fund is 0.27%
What are the returns of HDFC Floating Rate Debt Fund since inception?
The HDFC Floating Rate Debt Fund was launched on January 01, 2013. The fund has delivered a CAGR of undefined since inception.
What is the minimum SIP amount to invest in HDFC Floating Rate Debt Fund?
A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for HDFC Floating Rate Debt Fund is ₹100.
How do I invest in HDFC Floating Rate Debt Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in HDFC Floating Rate Debt Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in HDFC Floating Rate Debt Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in HDFC Floating Rate Debt Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.
ENTER AMOUNT
₹
₹4,068 in 3Y at 7.806% returns
SIP Date1st of every month
Your next SIP Payment will be on 18 September 2026
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