[An open ended debt scheme predominantly investing in

HDFC Floating Rate Debt Fund floating rate instruments (including fixed rate instruments
converted to floating rate exposures using swaps / derivatives)]

CATEGORY OF SCHEME: Floater Fund PORTFOLIO

Issuer Rating % to NAV Issuer Rating % to NAV
KEY FACTS Debt & Debt Related First Business Receivables Trust
Government Securities (Central/State) (PTC backed by receivables from
investment objective Reliance Corporate IT Park Ltd.) CRISIL - AAA(SO) 0.45
To generate income/capital appreciation through investment • Floating Rate GOI 2033 Sovereign 7.85
IndInfravit Trust CRISIL - AAA 0.33
in a portfolio comprising substantially of floating rate debt, 7.89% Gujarat SDL - Mat 150525 Sovereign 1.43
fixed rate debt instruments swapped for floating rate returns Tata Motors Finance Solutions Ltd. CARE - AA- 0.30
and money market instruments. 7.59 GOI 2026 Sovereign 0.93
Bajaj Finance Ltd. CRISIL - AAA 0.25
There is no assurance that the investment objective of the 6.79 GOI 2027 Sovereign 0.89
Scheme will be realized. Cholamandalam Investment
Floating Rate GOI 2024 Sovereign 0.61 & Finance ICRA - AA+ 0.25
Fund Manager ¥
6.97 GOI 2026 Sovereign 0.59 Hindustan Petroleum
Shobhit Mehrotra (since October 23, 2007) Corporation Ltd. CRISIL - AAA 0.25
Total Experience: Over 25 years 7.72 GOI 2025 Sovereign 0.40
6.18 GOI 2024 Sovereign 0.26 National Highways Authority
Vikash Agarwal (since July 1, 2020) of India CARE - AAA 0.25
Total Experience: Over 14 years 8.2 GOI 2022 Sovereign 0.23
Sundaram BNP Paribas Home
Inception Date (Date of Allotment) 7.32 GOI 2024 Sovereign 0.13 Finance Ltd. ICRA - AA+ 0.13
October 23, 2007 5.79 GOI 2030 Sovereign 0.05 Flometallic India Pvt Ltd. CRISIL - AA+ 0.08
NAV (As on July 30, 2021) NAV per Unit (`) 7.16 GOI 2023 Sovereign 0.03 Jamnagar Utilities & Power
Regular Plan - Growth Option 38.6689 5.15 GOI 2025 Sovereign 0.02 Pvt. Ltd. (erstwhile Reliance
Regular Plan - Daily IDCW Reinvestment Option 10.0765 Utilities & Power Pvt. Ltd.) CRISIL - AAA 0.03
Regular Plan - Weekly IDCW Option 10.0457 Sub Total 13.42
Tata Sons Ltd. CRISIL - AAA 0.02
Regular Plan - Monthly IDCW Option 10.1499 T-Bills
Direct Plan - Growth Option 39.0879 Sub Total 49.18
Direct Plan - Daily IDCW Reinvestment Option 10.0766 182 days Tbill ISD 270521
Direct Plan - Weekly IDCW Option 10.0460 Mat 251121 Sovereign 2.20 Credit Exposure (Perpetual Bonds)
Direct Plan - Monthly IDCW Option 10.1502 Canara Bank
182 days Tbill ISD 100621
Mat 091221 Sovereign 0.98 (AT1, BASEL III, Perpetual) CARE - AA 1.30
aSSETS UNDER MANAGEMENT (`) IN CRORE
Sub Total 3.18 TMF Holdings Ltd. (Subsidiary
As on July 31, 2021 20,211.13 of Tata Motors Ltd.) (Perpetual) CRISIL - AA- 0.70
Average for Month of July 2021 18,931.90 Credit Exposure (Non Perpetual)
Union Bank of India
quantitative data • Power Finance Corporation Ltd. CARE - AAA / CRISIL - (AT1, BASEL III, Perpetual) BRICKWORKS - AA 0.52
Average Maturity * 2.60 years AAA / ICRA - AAA 6.16
Canara Bank
Macaulay Duration * 1.22 years • REC Ltd. CARE - AAA / CRISIL - (AT1, BASEL III, Perpetual) CRISIL - AA 0.50
Modified Duration * 1.12 years AAA / IND - AAA 4.90
Yield to Maturity * 4.71% Axis Bank Ltd.
*Calculated on amount invested in debt securities (including • National Bank for Agriculture (AT1, BASEL III, Perpetual) CRISIL - AA+ 0.38
accrued interest), deployment of funds in TREPS and Reverse and Rural Development CRISIL - AAA / ICRA - AAA 4.20
Repo and net receivable / payable. Punjab National Bank
• Housing Development (AT1, BASEL III, Perpetual) BRICKWORKS - AA 0.25
Total Expense Ratio (As on July 31, 2021) Finance Corporation Ltd.£ CRISIL - AAA 3.87
Indian Bank
Including Additional Expenses and Goods and Service Tax on • Embassy Office Parks REIT CRISIL - AAA 3.40 (AT1, BASEL III, Perpetual) CRISIL - AA 0.12
Management Fees
• LIC Housing Finance Ltd. CARE - AAA / CRISIL - AAA 3.00 Punjab National Bank
Regular: 0.48% Direct: 0.23% (AT1, BASEL III, Perpetual) IND - AA 0.03
• Muthoot Finance Ltd. CRISIL - AA+ 2.29
#BENCHMARK INDEX: Crisil Liquid Fund Index Sub Total 3.80
Reliance Industries Ltd. CRISIL - AAA 1.90
##addl. BENCHMARK INDEX: CRISIL 10 year Gilt Index Total 69.58
L&T Finance Ltd. CRISIL - AAA 1.65
Exit Load MONEY MARKET INSTRUMENTS
Vedanta Ltd. CRISIL - AA- 1.63
Nil CP
Sikka Port and Terminal Ltd.
PlanS & Options (erstwhile Reliance Ports and Tata Teleservices Ltd. CRISIL - A1+ 1.68
Regular Plan, Direct Plan. Under both the Plans: Growth Terminals Ltd.) CARE - AAA / CRISIL - AAA 1.51
Tata Motors Finance Ltd. CARE - A1+ 1.23
& Income Distribution cum Capital Withdrawal (IDCW) Small Industries
Option. The (Daily) IDCW Option offers only Re-investment of Development Bank CARE - AAA 1.50 TMF Holdings Ltd. (Subsidiary
Income Distribution cum Capital Withdrawal (IDCW) Option. of Tata Motors Ltd.) CARE - A1+ 0.84
The (Weekly and Monthly) IDCW Option offers following NTPC Ltd. CRISIL - AAA 1.25
TATA Housing Development
Sub-Options: Payout of Income Distribution cum Capital National Housing Bank CRISIL - AAA 1.01 Co Ltd. CARE - A1+ 0.37
Withdrawal (IDCW) Option; and Re-investment of Income
Distribution cum Capital Withdrawal (IDCW) Option. Housing and Urban Fedbank Financial Services Ltd. CRISIL - A1+ 0.31
Development Corporation Ltd. CARE - AAA / IND - AAA 0.96
Minimum Application Amount Tata Projects Ltd. CRISIL - A1+ 0.25
Indian Railways Finance
Purchase : ` 5,000 and any amount thereafter. Corporation Ltd. CRISIL - AAA 0.87 Bahadur Chand Investments
Additional Purchase : ` 1 and any amount thereafter. Pvt. Ltd. CARE - A1+ 0.24
Larsen and Toubro Ltd. CRISIL - AAA 0.84
¥ Dedicated Fund Manager for Overseas Investments: Sub Total 4.92
Mr. Sankalp Baid (since January 22, 2021) Grasim Industries Ltd. CRISIL - AAA 0.76
CD
(Total Experience: Over 13 years). Tata Motors Finance Ltd. CRISIL - AA- 0.75
• Axis Bank Ltd. CRISIL - A1+ 4.68
Hinduja Leyland Finance Ltd. CARE - AA- 0.74
This product is suitable for investors who are seeking ~ • IDFC First Bank Ltd. CRISIL - A1+ 2.39
Manappuram Finance Ltd. CARE - AA / CRISIL - AA 0.74
l income over short term Small Industries
l to generate income / capital appreciation through investment TATA Capital Housing Finance Ltd. CRISIL - AAA 0.70 Development Bank CARE - A1+ 1.69
in a portfolio comprising substantially of floating rate debt,
fixed rate debt instruments swapped for floating rate returns Fullerton India Home Finance Sub Total 8.76
and money market instruments Company Ltd. CRISIL - AAA 0.61
Total 13.68
Modera Motilal Oswal Finvest Ltd. CRISIL - AA- 0.61
oderate High tely
Cash, Cash Equivalents and Net Current Assets 16.74
o M State Bank of India CRISIL - AAA 0.53
w t erate Hi Grand Total 100.00
TMF Holdings Ltd. (Subsidiary
Mo Lo

gh
d

of Tata Motors Ltd.) ICRA - AA- 0.46 • Top Ten Holdings, £ Co-sponsor
Outstanding exposure in derivative
Very
High
Low

instruments Interest Rate Swap (` in Crore) 8,000.00

RISKOMETER
Investors understand that their principal will be at
moderate risk
~ Investors should consult their financial advisers, if in doubt
about whether the product is suitable for them.
Face Value per Unit: ` 10 unless otherwise specified, CD - Certificate of Deposit; CP - Commercial Papers. Data is as of July 31, 2021 unless otherwise specified.
July 2021 55
 [An open ended debt scheme predominantly investing in
HDFC Floating Rate Debt Fund floating rate instruments (including fixed rate instruments
converted to floating rate exposures using swaps / derivatives)]
.....Contd from previous page
Portfolio Classification by Asset Class (%) Portfolio Classification by Rating Class (%)

n G-Sec, SDL, T-Bills 16.60 n Sovereign 16.60

n CP 4.92 n AAA/AAA(SO)/A1+/A1+(SO) &
Equivalent 54.88
n CD 8.76
n AA+ 3.13
n Credit Exposure 52.98 n AA/AA- 8.65
n Cash, Cash Equivalents and Net n Cash, Cash Equivalents and Net
Current Assets 16.74 Current Assets 16.74

SIP Performance ^ - Regular Plan - Growth Option

Since Inception 10 year 5 year 3 year 1 year
SIP SIP SIP SIP SIP
Total Amount Invested (` ‘000) 1,660.00 1,200.00 600.00 360.00 120.00
Mkt Value As on July 30, 2021 (` ‘000) 2,996.58 1,814.14 725.08 402.77 123.57
Returns (%) 8.11 8.02 7.52 7.45 5.61
Benchmark Returns (%) # 6.96 6.69 5.55 4.72 3.62
Additional Benchmark Returns (%) ## 6.94 7.22 6.57 6.62 2.16
Assuming ` 10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed
after accounting for the cash flow by using XIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above
investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital.

Performance ^ - Regular Plan - Growth Option

Date Period Scheme Benchmark Additional Value of ` 10,000 invested
Returns Returns Benchmark Scheme (`) Benchmark Additional
(%) (%)# Returns (`)# Benchmark
(%) ## (`)##
Jul 31, 20 Last 1 Year 5.93 3.67 2.23 10,591 10,366 10,222
Jul 31, 18 Last 3 Years 7.84 5.60 8.71 12,540 11,775 12,847
Jul 29, 16 Last 5 Years 7.56 6.12 6.50 14,401 13,465 13,708
Oct 23, 07 Since Inception 8.12 7.11 6.81 29,334 25,750 24,788
Returns greater than 1 year period are compounded annualized (CAGR). Since Inception returns are calculated on ` 13.1821 (allotment
price). For performance of other schemes managed by Shobhit Mehrotra & Vikas Agarwal, please refer page 69. Different plans viz. Regular
Plan and Direct Plan have a different expense structure. The expenses of the Direct Plan under the Scheme will be lower to the extent of
the distribution expenses / commission charged in the Regular Plan. For Performance of Direct Plan, refer page no. 80.

^Past performance may or may not be sustained in the future. Since Inception Date = Date of First allotment in the Scheme / Plan.
Load is not taken into consideration for computation of performance.

56 July 2021