1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
This is a fund that invests mainly in bonds whose rate of interest keeps changing with the prevailing interest rates in the economy. Given their investment mandate, such funds are usually less volatile in response to changing interest rates.
They can be a viable option for the fixed-income allocation in your portfolio. However, we believe that retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for an investment horizon of up to three years) in their longer-term portfolios.
If you do decide to invest in them, remember that they are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run.
Taxability of earnings:
Capital gains
Dividends
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YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 0.29 | 0.04 | 0.10 | 0.31 | 0.86 | 3.01 | 8.28 | 8.24 | 8.09 | 8.38 | -- |
CCIL T Bill Liquidity Weight | 0.31 | 0.01 | 0.04 | 0.19 | 0.48 | 1.05 | 2.85 | 3.72 | 3.95 | 4.39 | -- |
Debt: Floater | 0.05 | 0.03 | 0.10 | 0.16 | 0.63 | 2.45 | 7.85 | 8.18 | 8.06 | 8.32 | -- |
Rank within category | 4 | 4 | 5 | 1 | 4 | 2 | 4 | 3 | 4 | 4 | -- |
Number of funds in category | 8 | 9 | 9 | 8 | 8 | 7 | 7 | 5 | 5 | 5 | 0 |
As on 03-Mar-2021
Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
---|---|---|---|---|---|---|---|
HDFC Floating Rate Debt Fund - Direct Plan | Invest Online | Jan-13 | 8.28 | 8.24 | 8.09 | 0.23 | 16,001 | |
Nippon India Floating Rate Fund - Direct Plan | Invest Online | Jan-13 | 8.93 | 8.79 | 8.37 | 0.22 | 16,057 | |
ICICI Prudential Floating Interest Fund - Direct Plan | Invest Now | Jan-13 | 9.07 | 8.77 | 8.71 | 0.68 | 13,323 | |
Aditya Birla Sun Life Floating Rate Fund - Direct Plan | Invest Online | Jan-13 | 7.10 | 8.03 | 8.18 | 0.23 | 9,684 | |
Kotak Floating Rate Fund - Direct Plan | Invest Online | May-19 | 8.64 | -- | -- | 0.22 | 4,721 |
Best Performance | Worst Performance | |||
---|---|---|---|---|
Return (%) | Period | Return (%) | Period | |
Week | 1.60 | 24-Mar-2020 - 31-Mar-2020 | -0.95 | 12-Mar-2020 - 19-Mar-2020 |
Month | 2.34 | 24-Mar-2020 - 23-Apr-2020 | -1.01 | 25-Feb-2020 - 26-Mar-2020 |
Quarter | 4.35 | 24-Mar-2020 - 24-Jun-2020 | 0.24 | 24-Dec-2019 - 24-Mar-2020 |
Year | 10.35 | 19-Aug-2013 - 19-Aug-2014 | 6.25 | 26-Sep-2017 - 26-Sep-2018 |
Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
---|---|---|---|---|---|---|
Fund | 7.95 | 1.15 | 2.93 | 4.86 | 0.62 | 3.93 |
CCIL T Bill Liquidity Weight | 3.68 | 0.37 | -2.46 | -5.24 | -- | -- |
Debt: Floater | 7.89 | 1.28 | 2.70 | 3.98 | 0.74 | 3.97 |
Rank within category | 3 | 2 | 2 | 1 | 3 | 3 |
Number of funds in category | 5 | 5 | 5 | 5 | 5 | 5 |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 28-Feb-2021
Fund | 1Y High | 1Y Low | Category | |
---|---|---|---|---|
Number of Securities | 134 | 139 | 84 | 110 |
Modified Duration (yrs) | 1.12 | 1.39 | 0.89 | -- |
Average Maturity (yrs) | 2.63 | 2.63 | 1.14 | -- |
Yield to Maturity (%) | 4.98 | 7.21 | 4.81 | -- |
Avg Credit Rating | AAA | -- | -- | -- |
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Company | Instrument | Credit Rating | 1Y Range | % Assets | |
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GOI 22/09/2033 | GOI Securities Floating Rate Bond | SOV | 0.00 - 6.34 | 6.34 |
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Axis Bank 21/12/2021 | Floating Rate Debenture | A1+ | 0.00 - 3.94 | 3.75 |
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6.70% Embassy Office Parks REIT 2023 | Non Convertible Debenture | AAA | 0.00 - 2.74 | 2.52 |
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8.06% Nabha Power 15/04/2021 | Non Convertible Debenture | AAA | 2.33 - 4.21 | 2.33 |
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6.79% GOI 15/05/2027 | GOI Securities | SOV | 2.31 - 8.20 | 2.31 |
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7.50% Muthoot Finance 16/10/2023 | Non Convertible Debenture | AA | 0.00 - 2.43 | 2.21 |
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Tata Teleservices 364-D 01/03/2021 | Commercial Paper | A1+ | 0.00 - 3.69 | 2.18 |
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7.59% GOI 2026 | GOI Securities | SOV | 1.92 - 6.07 | 2.04 |
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9.00% Union Bank of India 2099 | Bonds | AA- | 1.82 - 3.14 | 1.82 |
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7.25% Embassy Office Parks REIT 2023 | Non Convertible Debenture | AAA | 0.00 - 2.06 | 1.75 |
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8.45% Sikka Ports and Terminals 2023 | Debenture | AAA | 0.00 - 4.39 | 1.72 |
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9.95% Canara Bank | Debenture | AA | 0.00 - 1.98 | 1.67 |
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8.40% L&T Infrastructre Finance 29/11/2021 | Non Convertible Debenture | AAA | 1.13 - 2.14 | 1.44 |
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6.75% Power Finance Corp. 22/05/2023 | Debenture | AAA | 0.00 - 1.70 | 1.42 |
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Adani Ports and Special Economic Zone 166-D 16/03/2021 | Commercial Paper | A1+ | 0.00 - 1.36 | 1.24 |
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8.75% Vedanta 30/06/2022 | Non Convertible Debenture | AA- | 0.00 - 1.30 | 1.22 |
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TMF Holdings 364-D 09/09/2021 | Commercial Paper | A1+ | 0.00 - 1.42 | 1.21 |
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TMF Holdings 352-D 15/10/2021 | Commercial Paper | A1+ | 0.00 - 1.31 | 1.20 |
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Aditya Birla Finance 18/05/2021 | Zero Coupon Bonds | AAA | 0.00 - 1.73 | 1.18 |
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6.99% REC 31/12/2021 | Non Convertible Debenture | AAA | 0.00 - 1.98 | 1.12 |
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6.22% HDFC 2021 | Debenture | AAA | 0.00 - 1.20 | 1.11 |
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7.03% LIC Housing Fin. 28/12/2021 | Non Convertible Debenture | AAA | 0.00 - 1.86 | 1.05 |
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6.95% Reliance Industries 15/03/2023 | Non Convertible Debenture | AAA | 0.00 - 1.17 | 0.98 |
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7.95% REC 2027 | Bonds | AAA | 0.00 - 1.43 | 0.97 |
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6.65% Grasim Industries 17/02/2023 | Non Convertible Debenture | AAA | 0.00 - 1.16 | 0.97 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Jan-2021
— Vikash Agarwal since 01-Jul-2020
Education: Mr. Agarwal is a B.Com., CA, CFA
Experience: Prior to joining HDFC AMC, he has worked with Larsen & Toubro Ltd.
Funds Managed:
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The scheme seeks to generate income / capital appreciation through investment in a portfolio comprising substantially of floating rate debt, fixed rate debt instruments swapped for floating rate returns and money market instruments.
Minimum Investment (₹) | 5,000 |
Minimum Addl Investment (₹) | 1 |
Minimum SIP Investment (₹) | 500 |
Minimum No of Cheques | 12 |
Minimum Withdrawal (₹) | 500 |
Minimum Balance (₹) | 1 |
Lock-in Period | Not Applicable |
Exit Load | 0 |
Fund House: | HDFC Mutual Fund |
Launch Date: | 01-Jan-2013 |
Return Since Launch: | 8.47% |
Benchmark: | CRISIL Liquid TRI |
Riskometer: | Moderate |
Type: | Open-ended |
Assets: | ₹ 16,001 Cr (As on 31-Jan-2021) |
Expense: | 0.23% (As on 31-Jan-2021) |
Risk Grade: | -- |
Return Grade: | -- |
Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Daily | 02-Mar-2021 | 0.0036 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Weekly | 01-Mar-2021 | 0.0051 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Monthly | 22-Feb-2021 | 0.0040 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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AMC: HDFC Asset Management Company Ltd
Address: "HDFC House"-2nd Floor, H.T. Parekh Marg - 165-166, Backbay Reclamation, Churchgate Mumbai - 400020
Phone: 1800-3010-6767 / 1800-419-7676
Fax: 022-22821144
Website: http://www.hdfcfund.com
Registrar & Transfer Agent: Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002
Phone: 1800-3010-6767 / 1800-419-7676
Fax: 044-30407101
Email: [email protected]
Website: www.camsonline.com