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.
Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsReturns are taxed as per your income tax slab.
Anil Bamboli
Mr. Bamboli is a CFA from Association for Investment Management and Research, U.S.A, Masters in Management Studies (Finance) and a Graduate in Cost and Works Accountant from ICWAI.
Prior to joining HDFC AMC he has worked with SBI Fund Management for 11 years.
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of HDFC Floating Interest Rates Fund is ₹53.54 as of 2026-08-25.
HDFC Floating Interest Rates Fund is classified as a Floater fund.
The Assets Under Management (AUM) of HDFC Floating Interest Rates Fund is ₹16,408.56 Cr.
The expense ratio of HDFC Floating Interest Rates Fund is 0.5%.
HDFC Floating Interest Rates Fund is managed by Anil Bamboli.
The minimum SIP investment for HDFC Floating Interest Rates Fund is ₹100.
As per the SEBI Riskometer, HDFC Floating Interest Rates Fund carries a Moderate risk level.
HDFC Floating Interest Rates Fund has delivered 5.98% (1Y), 7.42% (3Y) and 6.62% (5Y) annualised returns as of 2026-08-25.
HDFC Floating Interest Rates Fund was launched on 1999-12-10.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
