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.
The fund has been a Category Leader on the Fund Size metric
The performance of the fund on a Rolling Returns metric has been Good
NAV (Dec 5)
6 Month CAGR
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.
Launched (16y ago)
Oct 23, 2007
AUM in Crores
CRISIL Short Term Bond TR INR
Standard Deviation (3yr)
Standard Deviation (5yr)
Sharpe Ratio (3yr)
Sharpe Ratio (5yr)
with step up of
|HDFC Floating Rate Debt Plan (RIDCW-M)||8,56,981||1,24,369||6.5%|
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.
HDFC Asset Management Company Limited
|Fund Name||Scripbox Opinion||Till Date CAGR|
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 16 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 Dhruv Muchhal, Priya Ranjan, Shobhit Mehrotra, Vikas Agrawal.
Nav of HDFC Floating Rate Debt Plan (RIDCW-M) as of 12/5/2023 is ₹10.08 with the total AUM as of 12/6/2023 is ₹16858.016. 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 Low to 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 7.4% 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).
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.