HDFC Floating Rate Debt Fund-Growth

Q: What are the returns of HDFC Floating Rate Debt Fund?

The HDFC Floating Rate Debt Fund is a 17 yrs 10 m old fund and has delivered average annual returns of 7.8% since inception. HDFC Floating Rate Debt Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 8.11% 7.84% 6.59% 7.36% 7.8%

NAV as of Sep 03, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹50.5446+0.01% 1 day change	7.8% p.a.	App exclusive #NA View Ranked Funds	₹15,221 Cr

Historical NAV & returns

NAV: ₹50.5446 as on Sep 03, 2025

This fund Category average

HDFC Floating Rate Debt Fund overview

Expense ratio	0.49% as on Aug 31, 2025
Plan type	Regular
Exit load	0%
AUM (Fund size)	₹15,221 Cr
Lock-in Period	Nil
Age	17 yrs 10 m since Oct 23, 2007
Benchmark	CRISIL Short Duration Debt A-II Index
Min. investment	Lumpsum: ₹1000000
Risk	Low to Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

HDFC Floating Rate Debt Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Sep 04, 2025

Period	This fund	Category average
1 Month	0.13%	-0.07%
3 Months	1.24%	0.87%
6 Months	4.37%	4.3%
1 Year	8.11%	7.88%
2 Years	8.08%	7.89%
3 Years	7.84%	7.56%
4 Years	6.73%	6.41%
5 Years	6.59%	6.2%
7 Years	7.21%	6.99%
10 Years	7.36%	7.07%

Asset allocationas on May 31, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

AAA 47.69%

SOV 34.19139216%

AA+ 6.48%

AA 6.38%

Top Debt Holdings

GOI 25.85%

National Bank For Agriculture & Rural Development 3.04%

Power Finance Corporation Ltd. 2.55%

Aadhar Housing Finance Ltd 2.34%

Allocation by Instruments

Bifurcation by Instrument is not available for this fund

Other Holdings

Others 2.36%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
HDFC Floating Rate Debt Fund	N.A.	15,221 Cr	17 yrs 10 m	0.49%
Franklin India Floating Rate Fund	N.A.	323 Cr	24 yrs 4 m	0.97%
UTI Floater Fund	N.A.	1,031 Cr	6 yrs 10 m	0.88%
Aditya Birla Sun Life Floating Rate Fund	N.A.	13,438 Cr	16 yrs 5 m	0.43%
ICICI Prudential Floating Interest Fund	N.A.	7,429 Cr	19 yrs 9 m	1.19%

Fund name	1M	6M	1Y	3Y	5Y	10Y
HDFC Floating Rate Debt Fund	0.13%	4.37%	8.11%	7.84%	6.59%	7.36%
Franklin India Floating Rate Fund	-0.47%	4.35%	7.83%	7.67%	6.07%	6.27%
UTI Floater Fund	0.0%	3.78%	7.16%	6.8%	5.44%	4.19%
Aditya Birla Sun Life Floating Rate Fund	0.27%	4.28%	8.05%	7.61%	6.28%	7.33%
ICICI Prudential Floating Interest Fund	0.26%	4.23%	7.74%	7.75%	6.39%	7.18%

Fund name	Std. deviation	Beta	Sharpe	Sortino
HDFC Floating Rate Debt Fund	0.63	1.24	2.06	3.46
Franklin India Floating Rate Fund	0.98	2.07	1.15	1.48
UTI Floater Fund	0.62	1.42	0.45	0.64
Aditya Birla Sun Life Floating Rate Fund	0.48	1.11	2.17	3.92
ICICI Prudential Floating Interest Fund	0.73	0.62	1.66	2.94

View all Floater funds

Key risk & return ratios Compared to other funds in the category

Alpha	3.6 vs. 4.03 Underperformed at beating benchmark
Sharpe	2.06 vs. 5.24 Poor risk-adjusted returns
Beta	1.24 vs. 1.93 Less sensitive to market ups & downs
Standard deviation	0.63 vs. 0.92 More stable returns

Compare HDFC Floating Rate Debt Fund in detail with

About this fund

About HDFC Floating Rate Debt Fund

HDFC Floating Rate Debt Fund-Growth is a Floater mutual fund scheme from Hdfc Mutual Fund. This fund has been in existence for 17 yrs 10 m, having been launched on 23/10/2007. HDFC Floating Rate Debt Fund-Growth has ₹15,221 Crores worth of assets under management (AUM) as on 31/05/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of HDFC Floating Rate Debt Fund-Growth as of 03/09/2025 is ₹50.54. The fund has an expense ratio of 0.49%, which is higher than what most other Floater funds charge.

HDFC Floating Rate Debt Fund-Growth returns of last 1-year are 8.12%. Since launch, it has delivered 7.81% average annual returns. The fund has doubled the money invested in it every 10 yrs.
HDFC Floating Rate Debt Fund-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is above average.
The fund's credit profile is high indicating it has lent to borrowers whose quality is great. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in GOI, National Bank For Agriculture & Rural Development, Power Finance Corporation Ltd., Aadhar Housing Finance Ltd, Housing & Urban Development Corporation Ltd..

...

Fund AUM	15,221 Cr as on May 31, 2025
Scheme document	View Scheme Document

Fund managers

Shobhit Mehrotra

He is an MBA from Clemson University, USA. Prior to joining HDFC AMC he has worked with Franklin Templeton AMC, and ICRA.

Investment objective

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.

HDFC Mutual Fund details

No. of schemes	77 view all schemes
Total AUM	8,37,348 Cr as on Jun 30, 2025
Address	"HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate Mumbai, 400020
Email	shareholders.relations@hdfcfund.com
Phone	022 ? 66316333

More funds from HDFC Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
HDFC Income Plus Arbitrage Active FoF	N.A.	638 Cr	-1.16%	12.34%
HDFC Short Term Debt Fund	N.A.	15,486 Cr	8.18%	7.59%
HDFC Corporate Bond Fund	N.A.	34,775 Cr	7.83%	7.52%
HDFC Money Market Fund	N.A.	31,792 Cr	7.8%	7.42%
HDFC Credit Risk Debt Fund	N.A.	7,112 Cr	7.76%	7.29%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of HDFC Floating Rate Debt Fund?

The current Net Asset Value (NAV) of the HDFC Floating Rate Debt Fund - Direct Growth plan is approximately ₹50.5446 as of Sep 03, 2025.

What are the returns of this mutual fund scheme?

The HDFC Floating Rate Debt Fund is a 17 yrs 10 m old fund and has delivered average annual returns of 7.8% since inception.

HDFC Floating Rate Debt Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
8.11%	7.84%	6.59%	7.36%	7.8%

How much does this mutual fund charge as expense ratio?

The HDFC Floating Rate Debt Fund - Direct Growth has an expense ratio of 0.49%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The HDFC Floating Rate Debt Fund currently has assets under management (AUM) or fund size valued at approximately 15,221 Cr as on May 31, 2025.

To whom does HDFC Floating Rate Debt Fund lend to?

The top 3 debt holdings of HDFC Floating Rate Debt Fund are as follows

Holding Name	Percentage of Portfolio
GOI	25.85%
National Bank For Agriculture & Rural Development	3.04%
Power Finance Corporation Ltd.	2.55%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The HDFC Floating Rate Debt Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	47.69%
SOV	34.19139216%
AA+	6.48%

What is risk level of HDFC Floating Rate Debt Fund?

This is a Floater fund comes with Low to Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in HDFC Floating Rate Debt Fund?

HDFC Floating Rate Debt Fund-Growth is the regular plan of the fund. For this plan of you pay 0.49% as annual charges. On the other hand if you go for the direct plan available on ET Money, you pay 0.26%. That's 0.22999999999999998% less.

Regular plans charge more because when you buy them, the fund pays commission to the agent. This is an additional expense for the fund and to cover this expense, the fund takes a bigger share from the returns generated by your investments.

So, the lower annual cost of the direct plan means you will earn 0.22999999999999998% if you opt for direct plan of HDFC Floating Rate Debt Fund

How can I redeem my investments in HDFC Floating Rate Debt Fund?

Redeeming your investments in HDFC Floating Rate Debt Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in HDFC Floating Rate Debt Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Floater

#NA

Return Consistency: This fund is one of the best in generating consistent return in it's category.
Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.