Nippon India Floating Rate Fund - Growth - Regular Plan

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Fund Overview Growth | Regular Plan

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Fund Objective

The primary objective of the scheme is to generate regular income through investment predominantly in floating rate and money market instruments and fixed rate debt instruments.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
Nippon India Floating Rate Fund - Growth Plan-Growth Option 1.84 8.42 8.34 7.19 7.59 7.69
Crisil 1 Yr T-Bill Index N/A N/A N/A N/A N/A N/A
Crisil Short Term Bond Fund Index N/A N/A N/A N/A N/A N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
Nippon India Floating Rate Fund - Growth Plan-Growth Option Sep 02, 2004 8.34 7.19 7.59 0.65 7,832.33
HDFC Floating Rate Debt Fund - Wholesale Growth Option Oct 23, 2007 Unrated 7.80 7.47 7.93 0.38 11,037.08
Aditya Birla Sun Life Floating Rate Fund-Regular Plan-Growth Mar 25, 2009 7.83 7.65 8.16 0.38 8,688.01
ICICI Prudential Floating Interest Fund - Growth Nov 17, 2005 7.69 7.03 7.61 1.31 8,506.92
Franklin India Floating Rate Fund - Growth Plan Apr 23, 2001 Unrated 7.04 6.67 6.45 0.95 478.93

Fund Holdings as on 29-February-2020

  • 7.32% Government of India

  • 6.99% Housing Development Finance Corporation Limited

  • 7.16% Government of India

  • 8.42% State Government Securities

  • 7.04% Power Finance Corporation Limited **

  • 7.45% LIC Housing Finance Limited **

  • 8.5% National Bank For Agriculture and Rural Development **

  • 8.21% State Government Securities

  • 8.6% India Grid Trust InvIT Fund **

  • 8.5% L & T Infrastructure Finance Company Limited **

  • HDB Financial Services Limited **

  • 6.59% Indian Railway Finance Corporation Limited **

  • Tata Capital Financial Services Limited **

  • Reverse Repo

  • 8.1% Tata Capital Housing Finance Limited **

  • 8.95% Jamnagar Utilities & Power Private Limited **

  • 7.12% REC Limited **

  • Axis Finance Limited **

  • 6.7% State Government Securities

  • 7.9% Tata Sons Private Ltd **

  • 7.09% REC Limited

  • 6.64% State Government Securities

  • 7.7% ICICI Home Finance Company Limited **

  • 8.21% State Government Securities

  • 7.24% REC Limited

  • 7.35% Power Finance Corporation Limited

  • 6.72% National Bank For Agriculture and Rural Development **

  • 7.42% Sundaram Finance Limited **

  • 6.7% National Bank For Agriculture and Rural Development

  • 8.39% State Government Securities

  • 7.21% Housing Development Finance Corporation Limited

  • 6.8% REC Limited

  • 8.25% Tata Sons Private Ltd **

  • 7.67% Jamnagar Utilities & Power Private Limited **

  • 8.21% State Government Securities

  • 8% Reliance Jio Infocomm Limited **

  • 7.9% Nabha Power Limited **

  • 8.7% Reliance Jio Infocomm Limited **

  • 8.5% State Government Securities

  • 8.39% State Government Securities

  • 7.55% REC Limited **

  • 9.3% Power Grid Corporation of India Limited **

  • First Business Receivables Trust **

  • First Business Receivables Trust **

  • First Business Receivables Trust **

  • First Business Receivables Trust **

  • First Business Receivables Trust **

  • First Business Receivables Trust **

  • First Business Receivables Trust **

  • First Business Receivables Trust **

  • 9.22% State Government Securities

  • 7.4% Jamnagar Utilities & Power Private Limited **

  • 8.95% L&T Finance Limited **

  • 9.38% Export Import Bank of India **

  • 8.65% LIC Housing Finance Limited **

  • 7.47% Power Finance Corporation Limited **

  • 7.74% State Government Securities

  • 8.5% REC Limited **

  • Govt. Stock 17Jun2023C STRP

  • 7.83% Mahindra & Mahindra Financial Services Limited **

  • Govt. Stock 17Dec2023C STRP

  • Govt. Stock 15Jun2023C STRP

  • Govt. Stock 15Dec2023C STRP

  • 8.36% State Government Securities

  • 7.52% HDB Financial Services Limited **

  • 8.15% REC Limited **

  • 7.69% Mahindra & Mahindra Financial Services Limited **

  • 8.7% Housing Development Finance Corporation Limited **

  • 8.55% Power Finance Corporation Limited **

  • 8.7% Power Finance Corporation Limited **

  • 7.46% Power Finance Corporation Limited **

  • 8.8% Housing Development Finance Corporation Limited **

  • 8.39% State Government Securities

  • Triparty Repo

  • 8.43% State Government Securities

  • 8.95% LIC Housing Finance Limited **

  • 8.01% State Government Securities

  • 8.32% Reliance Jio Infocomm Limited **

  • Cash Margin - CCIL

  • 8.6% State Government Securities

  • 8.9% LIC Housing Finance Limited **

  • 7.9% Tata Sons Private Ltd **

  • Interest Rate Swaps Pay Fix Receive Floating (28/02/2023) (FV 5000 Lacs)

  • Net Current Assets

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  • Miscellaneous

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About Nippon India Floating Rate Fund

Scheme Analysis

Nippon India Floating Rate Fund is a Debt - Floater Fund fund and belongs to Nippon India Mutual Fund. It was launched on 02-Sep-2004 and currently has an AUM of ₹7,832.33 crore. Nippon India Floating Rate Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and Crisil Short Term Bond Fund Index as secondary index.

The NAV of Nippon India Floating Rate Fund ended down ₹-0.01(-0.05%)yesterday to ₹31.7613.

Among its top 3 holdings the fund has exposure to 7.32% Government of India, and

The Nippon India Floating Rate Fund is managed by Anju Chhajer and Kinjal Desai.

Fund House Contact

Reliance Centre, 7th Floor, South Wing, Off Western Express Highway, Santacruz (East) Mumbai - 400 055

022-43031000
022-43037662

Fund Manager

  • CARE AAA

  • Cash

  • CRISIL AAA

  • CRISIL AAA(SO)

  • FITCH AAA

  • ICRA AAA

  • ICRA AAA(CE)

  • Sov

  • Unrated

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