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 - Weekly IDCW
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 4/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 76/100 · Good
How this score is calculated
- Star rating (35%)4/5
- 3Y CAGR (30%)7.53%
- Expense ratio (20%)0.27%
- AUM (15%)₹16,133 Cr
Not investment advice — an analytical read of public fund data. Methodology →
HDFC Mutual Fund · Debt · Floater
₹54.88
AUM: ₹16,133 Cr
NAV updated 11 days ago
Plan
Direct
Option
Idcw
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
-4.66
Std Dev (1Y)
1.43%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.09%
3m
+1.33%
6m
+3.07%
1y
+6.12%
3y
+7.53%
5y
+6.83%
10y
+7.26%
since inception
-0.08%
TopFund's Take on HDFC Floating Rate Debt Fund - Direct Plan - Weekly IDCW
HDFC Floating Rate Debt Fund - Direct Plan - Weekly IDCW 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 76/100.
Cost: At 0.27%, the expense ratio is meaningfully cheaper — about 10% below the Floater category average of 0.3% (based on 56 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -4.66 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 1.43% is on the lower side for a Floater fund, 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.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about HDFC Floating Rate Debt Fund - Direct Plan - Weekly IDCW
The current NAV (Net Asset Value) of HDFC Floating Rate Debt Fund - Direct Plan - Weekly IDCW is ₹54.88. NAV is updated every business day after market close by AMFI.
1Y: 6.12% · 3Y CAGR: 7.53% · 5Y CAGR: 6.83%
The expense ratio of HDFC Floating Rate Debt Fund - Direct Plan - Weekly IDCW is 0.27% per annum. This is the annual fee charged by the fund to manage your investment.
HDFC Floating Rate Debt Fund - Direct Plan - Weekly IDCW is managed by Shobhit Mehrotra at HDFC Mutual Fund.
HDFC Floating Rate Debt Fund - Direct Plan - Weekly IDCW is classified as a Low to Moderate risk fund. It is suitable for investors with a moderate risk appetite.
HDFC Floating Rate Debt Fund - Direct Plan - Weekly IDCW is a Floater fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in HDFC Floating Rate Debt Fund - Direct Plan - Weekly IDCW with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of HDFC Floating Rate Debt Fund - Direct Plan - Weekly IDCW is ₹16,133 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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