e.g. Tata motors, Reliance MF, 500570

HDFC Floating Rate Income Fund - Long Term Plan - Direct Plan - Growth

Debt Short Term Moderate

NAV on (No Data Available)

₹0.00

No Data Available

Fund Size

₹1052.33 Crores

1Y Returns

No Data Available%

 
Earn 1% Higher Returns in Direct Funds on dhan Invest  Top Funds
Disclaimer: Mutual Fund investments are subject to market risks. Read all scheme related documents carefully before investing.

 

Investment Objective

To generate regular income through investment in a portfolio comprising substantially of floating rate debt / money market instruments, fixed rate debt / money market instruments swapped for floating rate returns and fixed rate debt securities and money market instruments

AMC

HDFC Asset Management Company Ltd.

Fund Details

Launch Date

January 1, 2013

Fund Manager

Mr. Shobhit Mehrotra

Initial Price

10

AUM Fund

1052.33 Cr

Min investment

Rs 5000

Expense Ratio

0.21%

SIP Minimum Investment

Monthly - Rs. 500 and in multiples of Rs. 100 thereafter. Minimum 12 installments.Quarterly - Rs. 1,500 and in multiples of Rs. 100 thereafter. Minimum 4 installments.

Exit Load

Nil

Holdings

Net Current Assets 9.31%
8.45% Sikka Ports & Terminals Ltd. (erstwhile Reliance Ports and Terminals Ltd.) 8.78%
9.81% Power Finance Corporation Ltd. 8.13%
8.78% Indiabulls Housing Finance Ltd. 7.15%
8.12% Daimler Financial Services Pvt Ltd. 7.11%
Andhra Pradesh Expressway Ltd. 5.56%
7.9% Bajaj Finance Ltd. 4.73%
Axis Bank Ltd. 4.49%
National Bank for Agriculture & Rural Development 4.48%
8.95% Reliance Utilities & Power Pvt. Ltd. 4.32%
7.75% Toyota Financial Services India Ltd. 2.81%
9.45% Housing Development Finance Corporation Ltd. 2.41%
8.35% LIC Housing Finance Ltd. 2.38%
8.59% Housing Development Finance Corporation Ltd. 2.38%
7.86% National Bank for Agriculture & Rural Development 2.37%
8.26% Housing Development Finance Corporation Ltd. 2.37%
7% Indian Railway Finance Corporation Ltd. 2.37%
7.72 GOI 2025 2.36%
7.59% Rural Electrification Corporation Ltd. 2.36%
7.8409% Bajaj Finance Ltd. 2.35%
7.32% Mahindra & Mahindra Financial Services Ltd. 2.34%
7.44% Daimler Financial Services Pvt Ltd. 2.06%
7.68 GOI 2023 1.98%
8.97% LIC Housing Finance Ltd. 1.92%
7.1% Power Finance Corporation Ltd. 1.81%
6.68 GOI 2031 0.76%
7.73 GOI 2034 0.03%

Sector Allocation

Shipping 8.78%
Finance 35.85%
Service 5.56%
Banks 4.49%
Miscellaneous 4.32%
Address
HDFC House, 2nd Floor,H T Parekh Marg, 165-166,Backbay Reclamation,Churchgate, Mumbai Maharashtra India 400020
Phone
+91 22 66316333
Launch Date
January 1, 2013
Custodian
ICICI Bank, Citibank N.A., Deutsche Bank A.G., SBI-SG , HSBC
Registrar & Transfer Agent
Computer Age Management Services (P) Ltd.

Frequently Asked Questions

Q: What is the current NAV of HDFC Floating Rate Income Fund - Long Term Plan - Direct Plan - Growth?

A: The latest NAV of HDFC Floating Rate Income Fund - Long Term Plan - Direct Plan - Growth is ₹ .

Q: What type of mutual fund is HDFC Floating Rate Income Fund - Long Term Plan - Direct Plan - Growth?

A: HDFC Floating Rate Income Fund - Long Term Plan - Direct Plan - Growth is a 'Debt - Short Term' type mutual fund managed by 'HDFC Asset Management Company Ltd.'.

Q: What is the expense ratio of HDFC Floating Rate Income Fund - Long Term Plan - Direct Plan - Growth?

A: The expense ratio of HDFC Floating Rate Income Fund - Long Term Plan - Direct Plan - Growth is 0.21%, which impacts overall returns.

Q: Who manages HDFC Floating Rate Income Fund - Long Term Plan - Direct Plan - Growth?

A: HDFC Floating Rate Income Fund - Long Term Plan - Direct Plan - Growth is managed by Mr. Shobhit Mehrotra, who oversees investment strategy and portfolio decisions.

Q: Is HDFC Floating Rate Income Fund - Long Term Plan - Direct Plan - Growth a good investment?

A: HDFC Floating Rate Income Fund - Long Term Plan - Direct Plan - Growth may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.

Q: What is the exit load of HDFC Floating Rate Income Fund - Long Term Plan - Direct Plan - Growth?

A: The exit load of HDFC Floating Rate Income Fund - Long Term Plan - Direct Plan - Growth is Nil, applicable if redeemed within the specified period.

Q: How is HDFC Floating Rate Income Fund - Long Term Plan - Direct Plan - Growth taxed?

A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.

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