About HDFC Floating Rate Debt Fund Direct Plan-Growth
HDFC Floating Rate Debt Fund Direct Plan-Growth is a
Debt mutual fund scheme from
HDFC Mutual Fund. This scheme was launched on 01 Jan 2013 and is currently managed by its fund manager
Shobhit Mehrotra. It has an AUM of ₹9,532.60 Crores and the latest NAV decalared is ₹34.626 as on 06 Dec 2019 at 8:40 pm.
HDFC Floating Rate Debt Fund Direct Plan-Growth scheme return performance in last 1 year is 8.85%, in last 3 years is 24.26% and 76.39% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.
Scheme 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.