HDFC Floating Rate Debt Fund

Q: What are the returns of this mutual fund scheme?

The HDFC Floating Rate Debt Fund is a 18 yrs old fund and has delivered average annual returns of 7.81% since inception. HDFC Floating Rate Debt Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 8.04% 7.96% 6.56% 7.34% 7.81%

Q: How much does this mutual fund charge as expense ratio?

The HDFC Floating Rate Debt Fund has an expense ratio of 0.49% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹51.0641+0.06% 1 day change	7.81% p.a.	App exclusive #NA View Ranked Funds	₹15,446 Cr

Historical NAV & returns

NAV: ₹51.0641 as on Oct 20, 2025

This fund Category average

HDFC Floating Rate Debt Fund overview

AUM (Fund size)	₹15,446 Cr
Exit load	0%
Lock-in Period	Nil
Age	18 yrs since Oct 23, 2007
Benchmark	CRISIL Short Duration Debt A-II Index
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	0.49% as on Sep 30, 2025
Plan type	Regular
Risk	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 Oct 25, 2025

Period	This fund	Category average
1 Month	0.63%	0.65%
3 Months	1.38%	1.26%
6 Months	3.42%	3.06%
1 Year	8.04%	7.86%
2 Years	8.18%	8.09%
3 Years	7.96%	7.79%
4 Years	6.89%	6.61%
5 Years	6.56%	6.21%
7 Years	7.25%	7.04%
10 Years	7.34%	7.05%

Asset allocationas on Sep 30, 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 50.45%

SOV 30.18132789%

AA 9.28%

AA+ 3.88%

Top Debt Holdings

GOI 4.96%

National Bank For Agriculture & Rural Development 3.44%

Aadhar Housing Finance Ltd 1.98%

LIC Housing Finance Ltd. 1.94%

Allocation by Instruments

Debenture 27.939999999999994%

GOI Securities 25.180000000000003%

Non Convertible Debenture 17.209999999999997%

Bonds 12.470000000000002%

Other Holdings

Others 2.41%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
HDFC Floating Rate Debt Fund	0.63%	3.42%	8.04%	7.96%	6.56%	7.34%
UTI Floater Fund	0.63%	3.07%	7.23%	7.02%	5.49%	4.31%
Aditya Birla Sun Life Floating Rate Fund	0.59%	3.41%	7.79%	7.74%	6.28%	7.29%
Franklin India Floating Rate Fund	0.68%	2.93%	8.06%	7.87%	6.14%	6.31%
ICICI Prudential Floating Interest Fund	0.6%	3.33%	7.55%	7.68%	6.36%	7.13%

Fund name	Std. deviation	Beta	Sharpe	Sortino
HDFC Floating Rate Debt Fund	0.63	1.29	2.11	3.52
UTI Floater Fund	0.59	1.35	0.71	1.01
Aditya Birla Sun Life Floating Rate Fund	0.47	1.07	2.41	4.64
Franklin India Floating Rate Fund	0.98	2.14	1.24	1.62
ICICI Prudential Floating Interest Fund	0.71	0.9	1.47	2.75

Fund name	ETM Rank	AUM	Fund age	Expense ratio
HDFC Floating Rate Debt Fund	N.A.	15,446 Cr	18 yrs	0.49%
UTI Floater Fund	N.A.	1,409 Cr	7 yrs	0.87%
Aditya Birla Sun Life Floating Rate Fund	N.A.	13,402 Cr	22 yrs 4 m	0.43%
Franklin India Floating Rate Fund	N.A.	334 Cr	24 yrs 6 m	0.97%
ICICI Prudential Floating Interest Fund	N.A.	7,133 Cr	19 yrs 11 m	1.11%

View all Floater funds

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

Alpha	3.65 vs. 4.17 Underperformed at beating benchmark
Sharpe	2.11 vs. 5.33 Poor risk-adjusted returns
Beta	1.29 vs. 2.25 Less sensitive to market ups & downs
Standard deviation	0.63 vs. 0.89 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 is a Floater mutual fund scheme from Hdfc Mutual Fund. This fund has been in existence for 18 yrs, having been launched on 23/10/2007. HDFC Floating Rate Debt Fund has ₹15,446 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of HDFC Floating Rate Debt Fund as of 20/10/2025 is ₹51.06. The fund has an expense ratio of 0.49%, which is higher than what most other Floater funds charge.

HDFC Floating Rate Debt Fund returns of last 1-year are 8.10%. 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 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 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, Aadhar Housing Finance Ltd, LIC Housing Finance Ltd., Bank Of Baroda.

...

Fund AUM	15,446 Cr as on Sep 30, 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	78 view all schemes
Total AUM	8,93,028 Cr as on Sep 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.	1,725 Cr	1.72%	12.61%
HDFC Nifty G-Sec July 2031 Index	N.A.	677 Cr	8.79%	N.A.
HDFC Nifty G-Sec Sep 2032 Index	N.A.	654 Cr	8.46%	N.A.
HDFC Corporate Bond Fund	N.A.	35,574 Cr	7.89%	7.96%
HDFC NIFTY G-Sec Jun 2036 Index Fund	N.A.	966 Cr	7.63%	N.A.

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 plan is approximately ₹51.0641 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The HDFC Floating Rate Debt Fund is a 18 yrs old fund and has delivered average annual returns of 7.81% since inception.

HDFC Floating Rate Debt Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
8.04%	7.96%	6.56%	7.34%	7.81%

How much does this mutual fund charge as expense ratio?

The HDFC Floating Rate Debt Fund has an expense ratio of 0.49%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

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 15,446 Cr as on Sep 30, 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	4.96%
National Bank For Agriculture & Rural Development	3.44%
Aadhar Housing Finance Ltd	1.98%

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	50.45%
SOV	30.18132789%
AA	9.28%

What is risk level of HDFC Floating Rate Debt Fund?

This is a Floater fund comes with Moderate risk.

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

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

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

Redeeming your investments in the HDFC Floating Rate Debt Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested 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.