HDFC Floating Rate Debt Fund - Growth

43.9639

( NAV change from the previous, NAV as on 06/12/2023 )

Launch Date

2003-01-16 05:30:00.0

AUM

NA
(as on date NA)

Benchmark

CRISIL Liquid Fund Index

Fund Manager

Shobhit Mehrotra, Amar Kalkundrikar

Risk: Moderately Low

HDFC Floating Rate Debt Overview

HDFC Floating Rate Debt Fund is an open-ended theme-based debt scheme under floater category. The investment objective of HDFC Floating Rate Debt Fund is to generate income mainly investing floating rate securities. Mr. Shobhit Mehrotra and Mr. Amar Kalkundrikar efficiently manage HDFC Floating Rate Debt Fund portfolio. You can either invest in HDFC Floating Rate Debt Fund growth plan or HDFC Floating Rate Debt Fund dividend plan. But it will be better to invest in HDFC Floating Rate Debt Fund growth plan. The return generated from HDFC Floating Rate Debt Fund is less volatile. HDFC Floating Rate Debt Fund portfolio includes money market instruments, floating-rate debt securities and also fixed-rate debt securities swapped for the floating rate returns. HDFC Floating Rate Debt Fund NAV details help you to track HDFC Floating Rate Debt Fund performance over the last 10 years.

Eligibility for investing on HDFC Floating Rate Debt Fund

  • Adult citizens who are residing in India
  • The Karta of Hindu Undivided Family (HUF)
  • Minor through legal guardians/parents.
  • Banking & financial institutions
  • Limited liability partnership
  • Foreign Institutional Investors (FIIs) with registration under the Securities and Exchange Board of India
  • Religious and other charitable trusts
  • Individuals of Indian origin residing abroad
  • Mutual Funds or Alternative Investment Funds, registered under the SEBI

Documents require for HDFC Floating Rate Debt Fund

KYC Documents-

  • AADHAAR Card
  • Pan Card
  • Passport Size Photo
  • Voter's ID Card
  • Acknowledgment receipt

Advantages of HDFC Floating Rate Debt Fund

  • You can go for HDFC Floating Rate Debt Fund dividend plan or HDFC Floating Rate Debt Fund growth plan.
  • HDFC Floating Rate Debt Fund NAV details helps us to know whether the fund has outperformed the benchmark or not.
  • You can easily track HDFC Floating Rate Debt Fund performance starting from the inception date.
  • For a better return, you need to invest in HDFC Floating Rate Debt Fund portfolio for 3 to 6 months.
  • You get to enjoy diversification while investing in HDFC Floating Rate Debt Fund portfolio.
  • Professional fund manager after studying the market conditions takes the decision of HDFC Floating Rate Debt Fund investment.
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