Nippon India Floating Rate Fund - Growth - Regular Plan

Other Plans and Options
  • 0.02 %Nav, as on 21-03-2023

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  • Net Change on 21-03-2023

  • 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 5.42 5.13 4.17 6.56 6.67 7.41
Crisil 10 Yr Gilt 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 4.17 6.56 6.67 0.60 7,288.25
HDFC Floating Rate Debt Fund - Growth Option Oct 23, 2007 5.40 6.29 6.68 0.48 14,785.96
Aditya Birla Sun Life Floating Rate Fund-Regular Plan-Growth Mar 25, 2009 5.53 6.18 6.61 0.45 12,364.93
ICICI Prudential Floating Interest Fund - Growth Nov 17, 2005 5.59 6.25 6.45 1.28 11,650.70
Franklin India Floating Rate Fund - Growth Plan Apr 23, 2001 5.08 4.81 5.53 1.01 311.25

Fund Holdings as on 28-February-2023

  • 7.23% Small Industries Dev Bank of India **

  • 7.01% Government of India

  • 7.59% Power Finance Corporation Limited **

  • 8.04% HDB Financial Services Limited **

  • 5.63% Government of India

  • 7.59% Government of India

  • 7.97% Tata Capital Housing Finance Limited **

  • 7.9% Bajaj Finance Limited **

  • Reliance Industries Limited**

  • 7.2% National Bank For Agriculture and Rural Development **

  • 7.1% Government of India

  • 7.38% Government of India

  • 7.92% Bajaj Housing Finance Limited **

  • 7.7% Housing Development Finance Corporation Limited **

  • 7.95% ICICI Home Finance Company Limited **

  • 5.83% State Bank of India **

  • Triparty Repo

  • 7.72% LIC Housing Finance Limited **

  • 6.9% Government of India

  • Net Current Assets

  • 7.64% Power Finance Corporation Limited **

  • 6.24% State Bank of India **

  • 5.85% REC Limited **

  • 6.37% L&T Metro Rail (Hyderabad) Limited **

  • 7.25% National Bank For Agriculture and Rural Development **

  • 7.4% National Bank For Agriculture and Rural Development

  • Panatone Finvest Limited **

  • 5.81% REC Limited **

  • 8.38% State Government Securities

  • 7.8% Nabha Power Limited **

  • 7.58% National Bank For Agriculture and Rural Development

  • 8.21% State Government Securities

  • 5.74% Government of India

  • First Business Receivables Trust **

  • First Business Receivables Trust **

  • First Business Receivables Trust **

  • First Business Receivables Trust **

  • First Business Receivables Trust **

  • First Business Receivables Trust **

  • 8.39% State Government Securities

  • 5.4% Nabha Power Limited **

  • HDFC Bank Limited

  • 7.6% REC Limited **

  • 7.54% REC Limited **

  • Canara Bank **

  • 9.81% L&T Metro Rail (Hyderabad) Limited **

  • 8.27% State Government Securities

  • Interest Rate Swaps Pay Fix Receive Floating (30/04/2023) (FV 30000 Lacs)

  • 7.57% State Government Securities

  • GOVT. STOCK 17DEC2023C STRP

  • 8.67% State Government Securities

  • 9.19% State Government Securities

  • 9.79% State Government Securities

  • 8.21% State Government Securities

  • 8.48% State Government Securities

  • 8.45% State Government Securities

  • 7.76% State Government Securities

  • 7.75% State Government Securities

  • 7.74% State Government Securities

  • 6.80% GOI (MD15/12/2060)-Strips (C)-(MD15/06/2023)

  • 6.80% GOI (MD15/12/2060)-Strips (C)-(MD15/12/2023)

  • 5.63% GOI Strips (MD 12/04/2026)

  • 5.53% National Bank For Agriculture and Rural Development

  • 7.47% State Government Securities

  • 7.32% Government of India

  • GOI Strips (MD 12/10/2024 )

  • GOI Strips (MD 12/10/2025 )

  • 5.05% Bajaj Finance Limited **

  • 9.85% L&T Metro Rail (Hyderabad) Limited **

  • Cash Margin - CCIL

  • 7.16% Government of India

  • 7.42% Sundaram Finance Limited **

  • 8.42% State Government Securities

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  • Miscellaneous

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Fund Manager

  • CARE A1+

  • Cash

  • CRISIL A1+

  • CRISIL AAA

  • CRISIL AAA(CE)

  • CRISIL AAA(SO)

  • ICRA AAA

  • ICRA AAA(CE)

  • Sov

  • Unrated

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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 ₹7,288.25 crore. Nippon India Floating Rate Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and Crisil Short Term Bond Fund Index as secondary index.

The NAV of Nippon India Floating Rate Fund ended up ₹0.01(0.02%)yesterday to ₹37.6886.

Among its top 3 holdings the fund has exposure to 7.23% Small Industries Dev Bank 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