HDFC Floating Rate Income Fund - LTP (G)

HDFC Floating Rate Income Fund - LTP (G) is a scheme launched by HDFC Mutual Fund on January 16, 2003, and falls under the Banking and PSU fund category. It currently manages an AUM of Rs NaN crore. The fund permits investments with a minimum SIP of Rs 300 and a lump sum of Rs 5000. It charges an expense ratio of 0.5% (As on Feb 29, 2020)% for managing the portfolio.

• Investing Strategy:

  To generate regular income through investment in a portfolio comprising substantially of floating rate debt / money market instruments, fixed rate debt / money market instruments swapped for floating rate returns, and fixed rate debt securities and money market instruments.

• Performance:

  HDFC Floating Rate Income Fund - LTP (G) trailing returns over different times are NA% (1 year), NA% (3 year) and NA% (5 year). The average annual return of this fund stands at NA%.