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 ₹10,314.37 Crores and the latest NAV decalared is ₹34.313 as on 23 Oct 2019 at 9:05 pm.
HDFC Floating Rate Debt Fund Direct Plan-Growth scheme return performance in last 1 year is 9.07%, in last 3 years is 24.86% and 74.80% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.
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.