fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
LOG IN
SIGN UP

Fincash » Mutual Funds » HDFC Floating Rate Income Fund Short Term Plan Direct

HDFC Floating Rate Income Fund - Short Term Plan - Direct - G

NAV  ₹45.5275 ↑ 0.04  (0.08 %) as on 4 Mar 24

Scheme Objective

The investment objective of the scheme is to generate regular income through investment in a portfolio comprising substantially of floating & fixed rate debt & money market instruments swapped for floating rate returns and fixed rate debt securities and money market instruments.

HDFC Floating Rate Income Fund - Short Term Plan - Direct is a Debt - Floating Rate fund launched on 1 Jan 13. It is a fund with Moderately Low risk and has given a CAGR return of 7.8% since its launch.  Return for 2023 was 7.9% , 2022 was 4.8% and 2021 was 4.4% .

Below is the key information for HDFC Floating Rate Income Fund - Short Term Plan - Direct

NAV as on 4 Mar 24₹45.5275 ↑ 0.04  (0.08 %)
Net Assets (AUM) as on 31 Jan 2024 ₹16,101 Cr.
Launch Date1 Jan 2013
CategoryDebt - Floating Rate
RatingNot Rated
TypeOpen Ended Fund
RiskModerately Low
Yield To Maturity8.14%
Effective Maturity4 Years 4 Days
Modified Duration1 Year 3 Months 7 Days
Alpha Ratio0.91
Expense Ratio0.25 %
Sharpe Ratio2.5
Information Ratio0.54
BenchmarkNot Available
ISININF179K01VQ4
AMCHDFC Asset Management Company Limited
Min Investment
Min SIP Investment
Exit Load NIL

Purchase not allowed

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 4 Mar 24

DurationReturns
1 Month 0.7%
3 Month 1.9%
6 Month 3.6%
1 Year 8.1%
3 Year 6.1%
5 Year 7%
10 Year
15 Year
Since launch 7.8%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 7.9%
2022 4.8%
2021 4.4%
2020 9.4%
2019 8.7%
2018 7.4%
2017 7%
2016 9.1%
2015 8.9%

Growth of 10k Over Years

DateValue
28 Feb 19₹10,000
29 Feb 20₹10,869
28 Feb 21₹11,763
28 Feb 22₹12,313
28 Feb 23₹12,976
29 Feb 24₹14,036
HDFC Floating Rate Income Fund - Short Term Plan - Direct Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash10.2%
Debt89.56%
Other0.24%
HDFC Floating Rate Income Fund - Short Term Plan - Direct Asset Allocation

Sector Allocation

SectorValue
Corporate52.63%
Government39.65%
Cash Equivalent7.04%
Securitized0.45%
RatingValue
AA11.89%
AAA88.11%
HDFC Floating Rate Income Fund - Short Term Plan - Direct Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
8.1% Govt Stock 2034
Sovereign Bonds | -
15%₹2,496 Cr251,000,000
8.25% Govt Stock 2033
Sovereign Bonds | -
7%₹1,056 Cr104,141,200
7.68% Govt Stock 2028
Sovereign Bonds | -
5%₹772 Cr77,500,000
HDFC Bank Limited
Debentures | -
4%₹647 Cr6,500
Power Finance Corporation Ltd.
Debentures | -
3%₹549 Cr5,500
Rural Electrification Corporation Limited
Debentures | -
3%₹423 Cr4,250
Muthoot Finance Limited
Debentures | -
2%₹350 Cr3,500
National Bank For Agriculture And Rural Development
Debentures | -
2%₹348 Cr35,000
Small Industries Development Bank Of India
Debentures | -
2%₹302 Cr30,500
Tmf Holdings Limited
Debentures | -
2%₹301 Cr3,000
1 - 10 of 117
Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

Fund Managers

NameSinceTenure
Shobhit Mehrotra23 Oct 0716.29 Yr.
Vikas Agrawal1 Jul 203.59 Yr.
Dhruv Muchhal22 Jun 230.61 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,
HDFC Bank LtdHDFC Bank House,Kamala Mills Compound,Senapati Bapat Marg,,Lower Parel (W),
Citibank N.A. IndiaTrent House, 3rd Floor, G Block,,Plot No.60, Next to Citibank,,Bandra Kurla Complex,,Bandra (East),

Registrar & Transfer Agent

Computer Age Management Services Ltd
AddressNew No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam
FAX91-44-28283610
Emailenq_L@camsonline.com

Administrator Companies

CompanyAddress
HDFC Mutual Fund2nd Floor, H.T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate

Auditors

CompanyAddress
S. R. BATLIBOI & CoExpress Tower, 6th Floor,Nariman Point,Mumbai
BSR & Co. LLPBSR & Co. LLP

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
HDFC Floating Rate Income Fund - Short Term Plan - Direct
Growth
₹45.5275
↑ 0.04
3.55 %8.1 %6.06 %7.01 %
HDFC Floating Rate Income Fund - Short Term Plan - Direct
Monthly Dividend, Payout
₹10.1616
↑ 0.01
3.55 %7.23 %5.77 %6.33 %
HDFC Floating Rate Income Fund - Short Term Plan - Direct
Weekly Dividend, Payout
₹10.0573
↑ 0.01
3.55 %6.29 %5.27 %6.03 %
HDFC Floating Rate Income Fund - Short Term Plan - Direct
Monthly Dividend, Reinvestment
₹10.1616
↑ 0.01
3.55 %7.23 %5.77 %6.33 %
HDFC Floating Rate Income Fund - Short Term Plan - Direct
Normal Dividend, Reinvestment
₹10.0809
3.47 %8 %5.42 %5.53 %
Data as on 4 Mar 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.