Click on Appearance select Editor option from drop down .
then look at your right side and find front-page.php .click on front-page.php then search and place your code in <div id=”featured”> like below i have placed .and scroll down and update your file .simply you will get slider on your home page
<!--Start Slider Wrapper-->
<div class="slider_wrapper">
<div id="featured">
<!-- First Content -->
<?php echo do_shortcode("[huge_it_slider id='1']"); ?>
