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 6.94 7.91 9.61 6.86 7.86 7.67
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 Unrated 9.61 6.86 7.86 0.60 6,269.99
HDFC Floating Rate Debt Fund - Wholesale Growth Option Oct 23, 2007 Unrated 8.83 7.49 8.13 0.38 10,314.37
ICICI Prudential Floating Interest Fund - Growth Nov 17, 2005 Unrated 8.45 7.18 7.79 1.31 7,039.67
Aditya Birla Sun Life Floating Rate Fund-Regular Plan-Growth Mar 25, 2009 9.21 7.68 8.38 0.37 6,102.06
Franklin India Floating Rate Fund - Growth Plan Apr 23, 2001 Unrated 7.53 6.59 6.46 0.95 260.62

Fund Holdings as on 30-September-2019

  • 7.9% Tata Sons Private Ltd **

  • 7.07% Reliance Industries Limited **

  • 7.9% Nabha Power Limited **

  • Mahindra & Mahindra Financial Services Limited **

  • 7.5% Power Finance Corporation Limited **

  • 10.4% Sikka Ports and Terminals Limited **

  • 8.6% India Grid Trust InvIT Fund **

  • 8.8% LIC Housing Finance Limited

  • HDB Financial Services Limited **

  • 8.15% National Bank For Agriculture and Rural Development **

  • 8.7% Reliance Jio Infocomm Limited **

  • Net Current Assets

  • 8.36% REC Limited

  • 7.68% Gruh Finance Limited **

  • 8.7% Housing Development Finance Corporation Limited **

  • 8.53% Power Finance Corporation Limited **

  • 7.88% India Infradebt Limited **

  • 8.9% Reliance Jio Infocomm Limited **

  • 6.98% National Bank For Agriculture and Rural Development

  • RENT-A-DEVICE TRUST **

  • 1.5% Housing Development Finance Corporation Limited **

  • 7.77% PNB Housing Finance Limited **

  • 8.36% Power Finance Corporation Limited **

  • RENT-A-DEVICE TRUST **

  • Axis Bank Limited **

  • 8.32% Reliance Jio Infocomm Limited **

  • RENT-A-DEVICE TRUST **

  • RENT-A-DEVICE TRUST **

  • 8.25% Tata Sons Private Ltd **

  • 7.05% Housing & Urban Development Corporation Limited **

  • 8.75% Indiabulls Housing Finance Limited **

  • RENT-A-DEVICE TRUST **

  • 7.63% PNB Housing Finance Limited **

  • 7.53% PNB Housing Finance Limited **

  • 7.33% Jamnagar Utilities & Power Private Limited **

  • IndusInd Bank Limited

  • 9.02% LIC Housing Finance Limited **

  • 8.75% Nabha Power Limited **

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

  • 7.4% Gruh Finance Limited **

  • IDFC First Bank Limited **

  • 7.7% ORIX Leasing & Financial Services India Limited **

  • National Bank For Agriculture and Rural Development

  • Triparty Repo

  • 8.36% Power Finance Corporation Limited **

  • 8.87% REC Limited **

  • 8.9% Indiabulls Housing Finance Limited **

  • 8.45% Power Finance Corporation Limited **

  • 8.57% REC Limited **

  • 7.53% Power Finance Corporation Limited **

  • Andhra Bank **

  • 9.3% Power Grid Corporation of India Limited **

  • 8.12% Nabha Power Limited **

  • 8.37% REC Limited **

  • 8.15% National Bank For Agriculture and Rural Development **

  • 7.4% Jamnagar Utilities & Power Private Limited **

  • 8.84% Power Grid Corporation of India Limited **

  • 10.98% Housing Development Finance Corporation Limited **

  • 8.95% L&T Finance Limited **

  • 9.25% Power Grid Corporation of India Limited **

  • 8.73% Power Grid Corporation of India Limited **

  • 8.06% HDB Financial Services Limited **

  • 7.7% REC Limited **

  • 9.38% Export Import Bank of India **

  • 8.5% Small Industries Dev Bank of India **

  • 7.46% Power Finance Corporation Limited **

  • 8.65% LIC Housing Finance Limited **

  • 7.47% Power Finance Corporation Limited **

  • 8.5% REC Limited **

  • 6.99% REC Limited **

  • 7.83% Mahindra & Mahindra Financial Services Limited **

  • 8.7% Power Finance Corporation Limited **

  • 6.87% REC Limited **

  • 8.39% National Bank For Agriculture and Rural Development **

  • 8.36% State Government Securities

  • 7.52% HDB Financial Services Limited **

  • 8.15% REC Limited **

  • 7.69% Mahindra & Mahindra Financial Services Limited **

  • 10.5% Mahindra & Mahindra Financial Services Limited **

  • 8.7% Housing Development Finance Corporation Limited **

  • 8.55% Power Finance Corporation Limited **

  • 8.7% Power Finance Corporation Limited **

  • 8.8% Housing Development Finance Corporation Limited **

  • 8.4% Power Grid Corporation of India Limited **

  • 8.39% State Government Securities

  • 8.33% State Government Securities

  • 8.43% State Government Securities

  • 9.33% Power Grid Corporation of India Limited **

  • 8.95% LIC Housing Finance Limited

  • 7.3% Power Finance Corporation Limited **

  • 8.01% State Government Securities

  • 8.6% State Government Securities

  • 8.9% LIC Housing Finance Limited **

  • 8.65% REC Limited **

  • 7.9% Tata Sons Private Ltd **

  • 7.42% Power Finance Corporation Limited **

  • Cash Margin - CCIL

  • Interest Rate Swaps Pay Fix Receive Floating (30/10/2019) (FV 25000 Lacs)

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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 ₹6,269.99 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 ₹0.01(0.03%)yesterday to ₹30.62.

Among its top 3 holdings the fund has exposure to 7.9% Tata Sons Private Ltd **, 7.07% Reliance Industries Limited ** and 7.9% Nabha Power Limited **

The Nippon India Floating Rate Fund is managed by Amit Tripathi and Vivek Sharma.

Fund House Contact

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

022-43031000
022-43037662

Fund Manager

  • [ICRA]AAA(CE)

  • CARE A1+

  • CARE AA+

  • CARE AAA

  • Cash

  • CRISIL AA+

  • CRISIL AAA

  • Deposits

  • FITCH AAA

  • ICRA A1+

  • ICRA AAA

  • ICRA AAA(SO)

  • SOVEREIGN

  • Unrated

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