Nippon India Floating Rate Fund - Growth - Regular Plan

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  • 0.06 %Nav, as on 21-09-2020

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  • Net Change on 21-09-2020

  • PersonalFN Rating

  • Assets (Cr.)

  • Expense Ratio

Fund Overview Growth | Regular Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

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 4.45 8.22 10.44 7.86 8.08 7.84
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 10.44 7.86 8.08 0.57 12,158.19
HDFC Floating Rate Debt Fund - Wholesale Growth Option Oct 23, 2007 8.75 7.92 8.08 0.48 10,681.20
ICICI Prudential Floating Interest Fund - Growth Nov 17, 2005 9.15 7.61 7.91 1.31 8,837.02
Aditya Birla Sun Life Floating Rate Fund-Regular Plan-Growth Mar 25, 2009 8.70 8.03 8.31 0.36 6,886.11
Franklin India Floating Rate Fund - Growth Plan Apr 23, 2001 Unrated 6.44 6.70 6.45 0.95 174.38

Fund Holdings as on 31-August-2020

  • 7.32% Government of India

  • 7.35% Government of India

  • 6.99% Housing Development Finance Corporation Limited

  • 7.04% Power Finance Corporation Limited **

  • 7.45% LIC Housing Finance Limited **

  • Reliance Industries Limited **

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

  • 8.42% State Government Securities

  • 6.18% Government of India

  • 7.25% Larsen & Toubro Limited **

  • 8.21% State Government Securities

  • 8.21% State Government Securities

  • 8.6% India Grid Trust InvIT Fund **

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

  • Net Current Assets

  • HDB Financial Services Limited **

  • 7.12% REC Limited **

  • Tata Capital Financial Services Limited **

  • Reverse Repo

  • 8.95% Jamnagar Utilities & Power Private Limited **

  • Axis Finance Limited **

  • 7.2% Sikka Ports and Terminals Limited **

  • 7.09% REC Limited

  • 7.8% Nabha Power Limited **

  • 7.21% Housing Development Finance Corporation Limited **

  • 7.29% HDB Financial Services Limited **

  • 6.59% Indian Railway Finance Corporation Limited **

  • 7.7% ICICI Home Finance Company Limited **

  • 8.4% India Grid Trust InvIT Fund **

  • 5.7% Bajaj Finance Limited **

  • 7.24% REC Limited **

  • 6.49% State Government Securities

  • 8.9% State Bank of India

  • 9.37% State Government Securities

  • 6.7% State Government Securities

  • 8.25% Indian Railway Finance Corporation Limited **

  • 6.75% Power Finance Corporation Limited **

  • 6.95% Reliance Industries Limited **

  • 6.82% State Government Securities

  • 6.8% REC Limited **

  • 7.42% Sundaram Finance Limited **

  • 8.1% Tata Capital Housing Finance Limited **

  • 8.39% State Government Securities

  • 5.69% REC Limited

  • 8.25% State Government Securities

  • 6.98% Power Finance Corporation Limited

  • 7.67% Jamnagar Utilities & Power Private Limited **

  • 5.4% State Government Securities

  • 8.05% Tata Capital Limited **

  • 7.41% Nabha Power Limited **

  • 9.02% REC Limited **

  • 7.85% LIC Housing Finance Limited **

  • 8% Reliance Industries Limited **

  • 6.92% REC Limited **

  • HDB Financial Services Limited **

  • 6.19% Indian Railway Finance Corporation Limited

  • 8.5% State Government Securities

  • 7.1% Bajaj Finance Limited **

  • 9.26% Power Finance Corporation Limited **

  • 8.39% State Government Securities

  • 7.55% REC Limited **

  • 8.59% Bajaj Housing Finance Limited **

  • 6.72% Larsen & Toubro 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 **

  • 7.68% Government of India

  • 9.22% State Government Securities

  • 7.87% State Government Securities

  • 8.82% REC Limited **

  • 7.25% State Government Securities

  • 8.18% State Government Securities

  • 7.68% State Government Securities

  • 7.45% LIC Housing Finance Limited **

  • 8.48% State Government Securities

  • 8.9% Power Finance Corporation Limited **

  • 8.45% State Government Securities

  • 8.1% State Government Securities

  • 7.76% State Government Securities

  • 7.74% State Government Securities

  • GOVT. STOCK 17JUN2023C STRP

  • 7.6% Jamnagar Utilities & Power Private Limited **

  • GOVT. STOCK 17DEC2023C STRP

  • Interest Rate Swaps Pay Fix Receive Floating (30/04/2023) (FV 10000 Lacs)

  • GOVT. STOCK 15JUN2023C STRP

  • GOVT. STOCK 15DEC2023C STRP

  • 8.36% State Government Securities

  • 8.65% State Government Securities

  • 8.43% State Government Securities

  • Cash Margin - CCIL

  • 8.6% State Government Securities

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  • Miscellaneous

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Fund Manager

  • Cash

  • CRISIL AAA

  • CRISIL AAA(SO)

  • FITCH AAA

  • ICRA AAA

  • ICRA AAA(CE)

  • SOVEREIGN

  • Unrated

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About Nippon India Floating Rate Fund

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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 ₹12,158.19 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 up ₹0.02(0.06%)yesterday to ₹33.6145.

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

4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W) Mumbai - 400 013

022-68087000
022-68087097