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: CRISIL Short Duration Debt A-II Index |
| TER: 0.49% As on (31-10-2024) |
| Status: Open Ended Schemes |
| Minimum Investment: 100.0 |
| Minimum Topup: 100.0 |
| Total Assets: 15,003.71 Cr As on 31-10-2024(Source:AMFI) |
| Turn over: - | Exit Load: Nil |
47.543
-0 (-0.0034%)
7.8%
Benchmark: 8.32%
PERFORMANCE
Returns Type:
of :
Start :
End :
Period:
This Scheme
-
vs
NIFTY 3 YEAR SDL
-
Gold
-
PPF
-
Returns Type:
of :
Period:
Start :
Period:
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
14 Years 10 Months
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
| Standard Deviation | 0.84 |
| Sharpe Ratio | 0.63 |
| Alpha | 3.28 |
| Beta | 1.37 |
| Yield to Maturity | 7.69 |
| Average Maturity | 4.32 |
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 | 8.36 | 7.94 | 6.66 | 6.75 | 7.44 |
| Axis Floater Fund - Regular Plan - Growth | 26-07-2021 | 9.32 | 7.99 | 6.7 | - | - |
| DSP Floater Fund - Regular Plan - Growth | 01-03-2021 | 9.19 | 8.51 | 6.33 | - | - |
| Kotak Floating Rate Fund-Regular Plan-Growth Option | 05-05-2019 | 8.31 | 7.7 | 6.16 | 6.82 | - |
| Franklin India Floating Rate Fund - Growth Plan | 23-04-2001 | 8.27 | 7.8 | 6.37 | 5.82 | 6.15 |
| SBI Floating Rate Debt Fund - Regular Plan - Growth | 05-10-2020 | 8.25 | 7.94 | 6.51 | - | - |
| ICICI Prudential Floating Interest Fund - Growth | 17-11-2005 | 8.23 | 7.83 | 6.41 | 6.68 | 7.24 |
| Nippon India Floating Rate Fund - Growth Plan-Growth Option | 27-08-2004 | 8.17 | 7.67 | 6.21 | 6.81 | 7.27 |
| Aditya Birla Sun Life Floating Rate Fund-Regular Plan-Growth | 01-06-2003 | 7.95 | 7.69 | 6.56 | 6.45 | 7.4 |
| Aditya Birla Sun Life Floating Rate Fund-Retail Plan-Growth | 01-06-2003 | 7.95 | 7.69 | 6.56 | 6.45 | 7.4 |
Scheme Characteristics
Minimum investment in floating rate instruments - 65% of total assets.
Riskometer
PORTFOLIO
Market Cap Distribution
Others
100.24%
