Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
HDFC Floating Rate Debt Fund - Direct Plan - Growth Option
★★★★★ monitor_heart Health Score: 77/100 · GoodHDFC Mutual Fund · Debt · Floater
₹54.53
AUM: ₹16,451 Cr
NAV updated 4 days ago
Plan
Direct
Option
Growth
Risk
Low to Moderate
Expense Ratio
0.27%
Exit Load
Nil
Fund Manager
Shobhit Mehrotra
Inception
Jan 2013
Benchmark
CRISIL Short Duration Debt A-II Index
Sharpe Ratio
0.02
Std Dev (1Y)
0.88%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.58%
3m
+1.73%
6m
+3.46%
1y
+6.11%
3y
+7.81%
5y
+6.9%
10y
+7.34%
since inception
+7.83%
rate_review TopFund's Take on HDFC Floating Rate Debt Fund - Direct Plan - Growth Option
HDFC Floating Rate Debt Fund - Direct Plan - Growth Option holds up reasonably well within the Floater category, backed by a 4-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 77/100.
Cost: At 0.27%, the expense ratio is roughly in line with the Floater category average of 0.27% — cost isn't a standout factor either way for this fund.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a modest Sharpe ratio of 0.02 — returns have only marginally compensated for the risk taken. Separately, annualised volatility of 0.88% is on the lower side, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Debt fund.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
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info Fund Snapshot
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tips_and_updates Tools & Guides for This Fund
Frequently Asked Questions about HDFC Floating Rate Debt Fund - Direct Plan - Growth Option
The current NAV (Net Asset Value) of HDFC Floating Rate Debt Fund - Direct Plan - Growth Option is ₹54.53. NAV is updated every business day after market close by AMFI.
1Y: 6.11% · 3Y CAGR: 7.81% · 5Y CAGR: 6.9%
The expense ratio is 0.27% per annum — the annual fee deducted from your investment to cover fund management costs.
HDFC Floating Rate Debt Fund - Direct Plan - Growth Option is managed by Shobhit Mehrotra at HDFC Mutual Fund.
HDFC Floating Rate Debt Fund - Direct Plan - Growth Option is a Low to Moderate risk fund. Suitable for investors with a moderate risk appetite.
HDFC Floating Rate Debt Fund - Direct Plan - Growth Option is a Floater fund. SIP suitability depends on your investment goal and risk profile.
The Assets Under Management (AUM) of HDFC Floating Rate Debt Fund - Direct Plan - Growth Option is ₹16,452 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.