- Mutual Funds
- HDFC Mutual Funds
- HDFC Floating Rate Debt Plan (RIDCW-M)
Formerly HDFC Floating Rate Debt Whls Dl IDCW-R
Floater funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 10.0791
NAV (May 31)
Fund Returns
Last 1Y | 8.5% |
Last 3Y | 6.4% |
Last 5Y | 6.3% |
Last 10Y | 6.2% |
Since Inception | 5.9% |
6 Month CAGR | 3.6% |
Scheme Information
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. There is no assurance that the investment objective of the Scheme will be realized.
Expense Ratio | 0.48 |
Launched (16y ago) | Oct 23, 2007 |
AUM in Crores | 14509.380 |
ISIN | INF179K01699 |
Lock-in | No Lock-in |
Benchmark | CRISIL Short Term Bond TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 1.5 |
Standard Deviation (5yr) | 1.2 |
Beta (3yr) | 0.55 |
Beta (5yr) | 0.42 |
Sharpe Ratio (3yr) | 1.532 |
Sharpe Ratio (5yr) | 0.854 |
YTM | 7.89482 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| HDFC Floating Rate Debt Plan (RIDCW-M) | 8,52,757 | 1,20,145 | 6.3% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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 before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 51,579 cr | ||
₹ 14,509 cr | ||
₹ 8,475 cr | ||
₹ 14,524 cr | ||
₹ 17,853 cr |
About the AMC
HDFC Asset Management Company Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
33.1% | 12.1% | ||
7.4% | 5.5% | ||
5.8% | 7.8% | ||
4% | 5.8% | ||
9.3% | 6.2% |
HDFC Floating Rate Debt Plan (RIDCW-M) Review
HDFC Floating Rate Debt Plan (RIDCW-M) is a Floater Debt fund and has delivered an annualised return of 5.9% over a period of 15 years. The fund was previously known as HDFC Floating Rate Debt Whls Dl IDCW-R. The fund is managed by HDFC Asset Management Co Ltd. The fund managers are Priya Ranjan, Shobhit Mehrotra, Vikas Agrawal.
Nav of HDFC Floating Rate Debt Plan (RIDCW-M) as of 5/31/2023 is ₹10.08 with the total AUM as of 6/1/2023 is ₹14509.38. With Scripbox you can compare and check the latest nav for all mutual funds in India. HDFC Floating Rate Debt Plan (RIDCW-M) was launched on Oct 23, 2007. The category risk of the fund is Moderate Risk.
The minimum SIP amount for HDFC Floating Rate Debt Plan (RIDCW-M) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
HDFC Floating Rate Debt Plan (RIDCW-M) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Short Term Bond TR INR.
HDFC Floating Rate Debt Plan (RIDCW-M) is rated as a 5 fund in Debt and delivered 8.5% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with HDFC Floating Rate Debt Plan (RIDCW-M).
Frequently Asked Questions
What is HDFC Floating Rate Debt Plan (RIDCW-M)?
How to invest in HDFC Floating Rate Debt Plan (RIDCW-M)?
You can invest in HDFC Floating Rate Debt Plan (RIDCW-M) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of HDFC Floating Rate Debt Plan (RIDCW-M)?
The minimum sip amount for HDFC Floating Rate Debt Plan (RIDCW-M) is ₹1000. You can invest in multiples of ₹5000.
Is HDFC Floating Rate Debt Plan (RIDCW-M) good to invest in?
As per Scripbox experts, HDFC Floating Rate Debt Plan (RIDCW-M) is a Top Ranked fund. You can investHDFC Floating Rate Debt Plan (RIDCW-M) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the HDFC Floating Rate Debt Plan (RIDCW-M)?
The expense ratio of the HDFC Floating Rate Debt Plan (RIDCW-M) is 0.48% for regular plan.