{"id":230872,"date":"2026-09-04T10:59:43","date_gmt":"2026-09-04T05:29:43","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/hdfc-floating-interest-rates-fund-direct-growth-review-2026\/"},"modified":"2026-09-04T10:59:43","modified_gmt":"2026-09-04T05:29:43","slug":"hdfc-floating-interest-rates-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/hdfc-floating-interest-rates-fund-direct-growth-review-2026\/","title":{"rendered":"HDFC Floating Interest Rates Fund Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/hdfc-floating-interest-rates-fund-g-direct-plan\">HDFC Floating Interest Rates Fund Direct Growth Plan<\/a> has a NAV of \u20b954.8878 as of 03 Sep 2026 and a scheme AUM of \u20b916,133 Cr. Its 1-year, 3-year and 5-year returns are 6.41%, 7.69% and 6.87% respectively, and the fund sits in the Medium Risk category.<\/p>\n<p>Our view is that this is a steady debt option rather than a return-chasing one. The longer track record is more balanced than the recent 1-year figure, and the portfolio is anchored by government securities, floating-rate exposure and a meaningful slice of securitised and corporate debt.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/hdfc-floating-interest-rates-fund-direct-growth-review-2026\/#Quick_facts\" title=\"Quick facts\">Quick facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/hdfc-floating-interest-rates-fund-direct-growth-review-2026\/#Performance\" title=\"Performance\">Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/hdfc-floating-interest-rates-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_HDFC_Floating_Interest_Rates\" title=\"Should you BUY or HOLD HDFC Floating Interest Rates?\">Should you BUY or HOLD HDFC Floating Interest Rates?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/hdfc-floating-interest-rates-fund-direct-growth-review-2026\/#Peer_comparison\" title=\"Peer comparison\">Peer comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/hdfc-floating-interest-rates-fund-direct-growth-review-2026\/#Portfolio_where_your_money_goes\" title=\"Portfolio: where your money goes\">Portfolio: where your money goes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/hdfc-floating-interest-rates-fund-direct-growth-review-2026\/#Who_should_invest\" title=\"Who should invest\">Who should invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/hdfc-floating-interest-rates-fund-direct-growth-review-2026\/#Tax_and_exit_load\" title=\"Tax and exit load\">Tax and exit load<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/hdfc-floating-interest-rates-fund-direct-growth-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/hdfc-floating-interest-rates-fund-direct-growth-review-2026\/#Bottom_line\" title=\"Bottom line\">Bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/hdfc-floating-interest-rates-fund-direct-growth-review-2026\/#Explore_mutual_funds_with_Univest\" title=\"Explore mutual funds with Univest\">Explore mutual funds with Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/hdfc-floating-interest-rates-fund-direct-growth-review-2026\/#RIA_disclosure\" title=\"RIA disclosure\">RIA disclosure<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Quick_facts\"><\/span>Quick facts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Particular<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b954.8878 as of 03 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b916,133 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.26%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>01 Jan 2013<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>Medium Risk<\/td>\n<\/tr>\n<tr>\n<td>Benchmark<\/td>\n<td>Nifty 50<\/td>\n<\/tr>\n<tr>\n<td>Fund Category<\/td>\n<td>Debt<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>No exit load after holding period<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Anil Bamboli<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Anil Bamboli.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 03 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span>Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Fund return<\/th>\n<th>Benchmark return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1M<\/td>\n<td>0.35%<\/td>\n<td>-3.01%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>2.2%<\/td>\n<td>1.95%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>6.41%<\/td>\n<td>-4.4%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>7.69%<\/td>\n<td>5.74%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>6.87%<\/td>\n<td>6.27%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The recent pattern is constructive. Over 1 month, the fund held up while the benchmark was negative, and over 3 months it stayed slightly ahead of the benchmark. That tells us the fund has been able to provide a steadier path than a broad equity benchmark in the short run.<\/p>\n<p>The 1-year figure is more telling. The fund delivered 6.41% while the benchmark was negative, so the relative gap is substantial over that window. For investors, that suggests the portfolio has been doing what a floating-rate debt strategy is expected to do: preserve stability when equity-style moves are weak, while still generating positive income-led returns.<\/p>\n<p>The longer record looks even more balanced. The 3-year return of 7.69% is above the benchmark\u2019s 5.74%, and the 5-year return of 6.87% is also ahead of the benchmark\u2019s 6.27%. The gap is not dramatic, but it does show that the fund has stayed competitive over a full market cycle rather than relying only on a strong recent patch.<\/p>\n<p>The return path is not perfectly smooth, and that is visible in the mid-term swings. Even so, the overall compounding trend remains positive, and recent behaviour is broadly consistent with the longer-term picture rather than sharply different from it.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 03 Sep 2026<\/small><\/p>\n<section class=\"univest-mf-premium-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;border:1px solid #d8e3f0;background:#f7faff\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Should_you_BUY_or_HOLD_HDFC_Floating_Interest_Rates\"><\/span>Should you BUY or HOLD HDFC Floating Interest Rates?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A fund&#8217;s past returns alone don&#8217;t tell you whether you should buy it today or continue holding it.<\/p>\n<p>The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.<\/p>\n<p><strong>Already holding HDFC Floating Interest Rates? Thinking of investing now?<\/strong><\/p>\n<p><a href=\"https:\/\/univest.in\/mutual-funds\" style=\"font-weight:700;text-decoration:none\">Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium<\/a><\/p>\n<\/section>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Peer_comparison\"><\/span>Peer comparison<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Fund<\/th>\n<th>1Y return<\/th>\n<th>3Y return<\/th>\n<th>5Y return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/hdfc-floating-interest-rates-fund-g-direct-plan\">HDFC Floating Interest Rates Fund Direct Growth Plan<\/a><\/td>\n<td>6.41%<\/td>\n<td>7.69%<\/td>\n<td>6.87%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/axis-floating-interest-rates-fund-g-direct-plan\">Axis Floating Interest Rates Fund Direct Growth Plan<\/a><\/td>\n<td>7.98%<\/td>\n<td>8.4%<\/td>\n<td>7.22%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/bandhan-floating-interest-rates-fund-g-direct-plan\">Bandhan Floating Interest Rates Fund Direct Growth Plan<\/a><\/td>\n<td>7.13%<\/td>\n<td>7.91%<\/td>\n<td>6.78%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/franklin-india-floating-interest-rates-fund-g-direct-plan\">Franklin India Floating Interest Rates Fund Direct Growth Plan<\/a><\/td>\n<td>7.06%<\/td>\n<td>8.19%<\/td>\n<td>7.18%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/icici-pru-floating-interest-rates-fund-g-direct-plan\">ICICI Pru Floating Interest Rates Fund Direct Growth Plan<\/a><\/td>\n<td>6.96%<\/td>\n<td>7.96%<\/td>\n<td>7.1%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/tata-floating-interest-rates-fund-g-direct-plan\">Tata Floating Interest Rates Fund Direct Growth Plan<\/a><\/td>\n<td>6.75%<\/td>\n<td>7.51%<\/td>\n<td>6.75%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.<\/p>\n<p>Against the peer set, the fund\u2019s 1-year return is below several of the better recent numbers, with Axis at 7.98%, Bandhan at 7.13% and Franklin India at 7.06%. ICICI Pru at 6.96% and Tata at 6.75% are closer, so the short-term picture is competitive but not the strongest among the names listed.<\/p>\n<p>The longer-term picture is more even. The fund\u2019s 3-year and 5-year returns of 7.69% and 6.87% are respectable, but several peers are ahead on both horizons, especially Axis and Franklin India. That said, the spread is not extreme, which suggests the fund remains in the same broad return band as its peers rather than diverging sharply from them.<\/p>\n<p>So the short-term and longer-term comparisons point in the same general direction: the fund is steady, but not the most aggressive compounder in this group. For an investor, that usually matters more than a single good quarter, because the broader return profile still needs to justify the debt allocation.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 03 Sep 2026<\/small><\/p>\n<div class=\"univest-peer-login-cta\" style=\"margin:20px 0;padding:16px 18px;border:1px solid #d8e3f0;border-radius:8px;background:#f7faff\">\n<p style=\"margin:0\"><strong>Want to know more?<\/strong> <a href=\"https:\/\/univest.in\/user\/log-in\" style=\"font-weight:700;text-decoration:none\">Log in to Univest<\/a> for more mutual fund insights.<\/p>\n<\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Portfolio_where_your_money_goes\"><\/span>Portfolio: where your money goes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding<\/th>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>6.64% GOI Mat 071231<\/td>\n<td>Government Securities<\/td>\n<td>6.77%<\/td>\n<\/tr>\n<tr>\n<td>Shivshakti Securitisation Trust (Originator &#8211; Sikka Ports &amp; Terminals Limited)^<\/td>\n<td>PTC &amp; Securitized Debt<\/td>\n<td>4.25%<\/td>\n<\/tr>\n<tr>\n<td>6.45% Floating Rate GOI 2034<\/td>\n<td>Government Securities<\/td>\n<td>3.18%<\/td>\n<\/tr>\n<tr>\n<td>Jubilant Beverages Limited^<\/td>\n<td>Corporate Debt<\/td>\n<td>3.01%<\/td>\n<\/tr>\n<tr>\n<td>Canara Bank^<\/td>\n<td>Certificate of Deposit<\/td>\n<td>2.55%<\/td>\n<\/tr>\n<tr>\n<td>7.48% National Bank for Agri &amp; Rural Dev.<\/td>\n<td>Corporate Debt<\/td>\n<td>2.47%<\/td>\n<\/tr>\n<tr>\n<td>Siddhivinayak Securitisation Trust (Originator &#8211; Sikka Ports &amp; Terminals Limited)^<\/td>\n<td>PTC &amp; Securitized Debt<\/td>\n<td>2.46%<\/td>\n<\/tr>\n<tr>\n<td>7.53% National Bank for Agri &amp; Rural Dev.<\/td>\n<td>Corporate Debt<\/td>\n<td>2.29%<\/td>\n<\/tr>\n<tr>\n<td>7.62% National Bank for Agri &amp; Rural Dev.<\/td>\n<td>Corporate Debt<\/td>\n<td>2.17%<\/td>\n<\/tr>\n<tr>\n<td>Net Current Assets<\/td>\n<td>Cash &amp; Cash Equivalents and Net Assets<\/td>\n<td>2.05%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The top 10 holdings account for approximately 31.2% of the portfolio.<\/p>\n<p>To see all holdings, visit the <a href=\"https:\/\/univest.in\/mutual-funds\/hdfc-floating-interest-rates-fund-g-direct-plan\">HDFC Floating Interest Rates Fund Direct Growth Plan<\/a> page<\/p>\n<p>The largest holding is 6.64% GOI Mat 071231 at 6.77%, which is meaningful but not dominant. The next few positions also sit in the low-single-digit range, so the fund does not rely on one security for most of its outcome.<\/p>\n<p>The weight curve from the first holding to the tenth is fairly gradual. That usually points to a portfolio where several positions may influence results rather than a single concentrated bet, even though the government-security and floating-rate exposures are clearly central.<\/p>\n<p>With 65 disclosed holdings and the top 10 together accounting for 31.2%, the portfolio appears to be spread across a longer tail of smaller positions. That structure may help reduce dependency on any one issuer, while still keeping the portfolio anchored in higher-quality debt instruments.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 03 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund may suit investors who want debt exposure with a moderate risk profile and who can stay invested for a meaningful period rather than judge it on a few months of movement. The 1-year return is lower than some peers, but the 3-year and 5-year figures remain steady, which supports a longer horizon view.<\/p>\n<p>The main trade-off is that the fund looks more like a stable income-oriented holding than a high-octane return play. Investors who are comfortable with Medium Risk, value benchmark-beating consistency over a full cycle, and prefer a portfolio built around government securities, floating-rate paper and diversified credit exposure may find it relevant.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Tax_and_exit_load\"><\/span>Tax and exit load<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding period<\/th>\n<th>Tax rate<\/th>\n<th>Description<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Units held less than 1 year<\/td>\n<td>20%<\/td>\n<td>Short-term capital gains tax<\/td>\n<\/tr>\n<tr>\n<td>Units held more than 1 year<\/td>\n<td>12.5%<\/td>\n<td>Long-term capital gains tax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Exit load: No exit load after holding period.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 03 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>What is the current NAV of HDFC Floating Interest Rates Fund Direct Growth Plan?<\/strong><br \/>It is \u20b954.8878 as of 03 Sep 2026.<\/p>\n<p><strong>What are the fund\u2019s 1-year, 3-year and 5-year returns?<\/strong><br \/>The returns are 6.41%, 7.69% and 6.87% respectively.<\/p>\n<p><strong>How has the fund performed against its benchmark?<\/strong><br \/>It is ahead of the benchmark across the 1-year, 3-year and 5-year periods shown here. The gap is strongest over 1 year, where the benchmark return is negative.<\/p>\n<p><strong>How does it compare with peer funds?<\/strong><br \/>Its recent return is below several peers, while its 3-year and 5-year figures are also slightly to meaningfully lower than the stronger peer numbers in the list. It still sits within a similar broad return range.<\/p>\n<p><strong>Is there a minimum SIP amount?<\/strong><br \/>No minimum SIP amount is stated here.<\/p>\n<p><strong>Who manages the fund and what is the exit load?<\/strong><br \/>Anil Bamboli manages the fund. The exit load is stated as no exit load after the holding period.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>HDFC Floating Interest Rates Fund Direct Growth Plan has a steadier long-term profile than its recent 1-year number alone might suggest. It has stayed ahead of the benchmark across 1-year, 3-year and 5-year periods, while peer comparisons show it is competitive but not the strongest recent compounder in the group. The portfolio is tilted toward government securities, floating-rate exposure and other debt instruments, which fits the fund\u2019s Medium Risk profile and income-oriented role.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 4 September 2026 at 10:57 AM IST<\/p>\n<section class=\"univest-login-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;background:#eef5ff;border:1px solid #cddff7;text-align:center\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Explore_mutual_funds_with_Univest\"><\/span>Explore mutual funds with Univest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Review mutual fund data, compare performance and explore fund insights on Univest.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\" style=\"display:inline-block;padding:11px 20px;border-radius:6px;background:#1f4e79;color:#fff !important;text-decoration:none;font-weight:700\">Explore Univest<\/a><\/p>\n<\/section>\n<section class=\"univest-disclaimer\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"RIA_disclosure\"><\/span>RIA disclosure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.<\/p>\n<\/section>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"InvestmentFund\",\"name\":\"HDFC Floating Interest Rates Fund Direct Growth Plan\",\"identifier\":\"hdfc-floating-interest-rates-fund-g-direct-plan\",\"category\":\"Debt\",\"dateCreated\":\"01 Jan 2013\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":54.8878,\"valueReference\":\"as of 03 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"16133 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.26\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":6.41},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":7.69},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":6.87},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Anil Bamboli\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of HDFC Floating Interest Rates Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It is \u20b954.8878 as of 03 Sep 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The returns are 6.41%, 7.69% and 6.87% respectively.\"}},{\"@type\":\"Question\",\"name\":\"How has the fund performed against its benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It is ahead of the benchmark across the 1-year, 3-year and 5-year periods shown here. The gap is strongest over 1 year, where the benchmark return is negative.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with peer funds?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its recent return is below several peers, while its 3-year and 5-year figures are also slightly to meaningfully lower than the stronger peer numbers in the list. It still sits within a similar broad return range.\"}},{\"@type\":\"Question\",\"name\":\"Is there a minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No minimum SIP amount is stated here.\"}},{\"@type\":\"Question\",\"name\":\"Who manages the fund and what is the exit load?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Anil Bamboli manages the fund. The exit load is stated as no exit load after the holding period.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Person\",\"name\":\"{{ANALYST_NAME}}\",\"affiliation\":{\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\"},\"description\":\"Uniapps Investment Adviser Pvt. Ltd. \u2014 SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HDFC Floating Interest Rates Fund Direct Growth Plan has a NAV of \u20b954.8878 as of 03 Sep 2026, AUM of \u20b916,133 Cr, and 1Y\/3Y\/5Y returns of 6.41%\/7.69%\/6.87%.<\/p>\n","protected":false},"author":29,"featured_media":230871,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-230872","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["230871"],"rank_math_title":["HDFC Floating Interest Rates Fund Review 2026"],"rank_math_description":["HDFC Floating Interest Rates Fund Direct Growth Plan NAV \u20b954.8878 as of 03 Sep 2026; 1Y return 6.41%. 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