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 8.08 7.47 7.27 5.48 6.84 7.43
Crisil 10 Yr Gilt Index N/A N/A N/A N/A N/A N/A
Nifty Short Duration Debt 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 7.27 5.48 6.84 0.60 7,955.53
HDFC Floating Rate Debt Fund - Growth Option Oct 23, 2007 Unrated 7.91 6.01 6.75 0.49 14,535.71
Aditya Birla Sun Life Floating Rate Fund-Regular Plan-Growth Mar 25, 2009 7.52 5.91 6.53 0.46 12,802.24
ICICI Prudential Floating Interest Fund - Growth Nov 17, 2005 7.98 5.89 6.70 1.22 9,728.12
KOTAK FLOATING RATE FUND-REGULAR PLAN-GROWTH OPTION May 14, 2019 Unrated 7.45 5.45 6.52 0.62 3,800.82
UTI - Floater Fund - Regular Plan - Growth Option Oct 30, 2018 Unrated 6.72 5.16 5.73 0.84 1,394.29

Fund Holdings as on 31-May-2024

  • 7.72% Government of India

  • 8.04% HDB Financial Services Limited

  • 7.79% Small Industries Dev Bank of India**

  • 8% Government of India

  • 6.4% Jamnagar Utilities & Power Private Limited**

  • 7.57% Indian Railway Finance Corporation Limited

  • 7.77% REC Limited**

  • Net Current Assets

  • 7.8% National Bank For Agriculture and Rural Development**

  • 6.24% State Bank of India**

  • 8.37% State Government Securities

  • 8.19% Summit Digitel Infrastructure Limited**

  • 7.17% Government of India

  • 7.97% Tata Capital Housing Finance Limited**

  • 7.77% Power Finance Corporation Limited**

  • 7.84% LIC Housing Finance Limited**

  • 8.36% Toyota Financial Services India Limited**

  • HDFC Bank Limited**

  • 7.64% Power Finance Corporation Limited**

  • 7.92% Bajaj Housing Finance Limited

  • Triparty Repo

  • 7.57% Mahindra & Mahindra Limited**

  • 7.23% Small Industries Dev Bank of India**

  • 7.32% Government of India

  • 7.37% Government of India

  • 8.1% Bajaj Housing Finance Limited**

  • 8.18% Mahindra & Mahindra Financial Services Limited**

  • 7.62% National Bank For Agriculture and Rural Development**

  • 7.68% Indian Railway Finance Corporation Limited

  • Kotak Mahindra Investments Limited**

  • 8.29% Tata Capital Limited**

  • 5.85% REC Limited

  • 7.9% Sikka Ports and Terminals Limited**

  • 7.7% National Bank For Agriculture and Rural Development**

  • 8.05% Bajaj Housing Finance Limited**

  • 7.78% Bajaj Housing Finance Limited

  • 7.7% HDFC Bank Limited

  • 7.44% Small Industries Dev Bank of India

  • Punjab National Bank**

  • 7.8% Tata Capital Housing Finance Limited**

  • 7.49% National Bank For Agriculture and Rural Development**

  • 8.45% Indian Railway Finance Corporation Limited**

  • 7.4% Summit Digitel Infrastructure Limited**

  • 8.05% Summit Digitel Infrastructure Limited**

  • 7.49% State Government Securities

  • 7.83% National Bank For Agriculture and Rural Development**

  • 7.75% Tata Communications Limited**

  • 8.55% Nomura Capital India Pvt Limited**

  • 8.14% Tata Capital Limited**

  • 7.64% Power Finance Corporation Limited**

  • 8.5% Nomura Capital India Pvt Limited**

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

  • 5.99% LIC Housing Finance Limited**

  • 7.08% Indian Railway Finance Corporation Limited**

  • Panatone Finvest Limited**

  • 8.1% Tata Capital Limited**

  • 7.96% Pipeline Infrastructure Private Limited**

  • 7.96% Pipeline Infrastructure Private Limited**

  • 7.62% National Bank For Agriculture and Rural Development**

  • 6.5% Tata Capital Housing Finance Limited**

  • 8.34% Government of India

  • 7.7% HDFC Bank Limited**

  • 8.54% REC Limited**

  • 7.17% State Government Securities

  • First Business Receivables Trust**

  • 8.6% REC Limited**

  • 8.04% Tata Capital Housing Finance Limited**

  • 7.6% REC Limited**

  • 7.56% REC Limited**

  • 7.51% REC Limited**

  • 7.54% REC Limited**

  • 7.35% National Bank For Agriculture and Rural Development**

  • Corporate Debt Market Development Fund Class A2

  • 8.57% REC Limited**

  • 5.63% GOI Strips (MD 12/04/2026)

  • 8.9% Bajaj Finance Limited**

  • 8.08% State Government Securities

  • 6.75% L&T Finance Limited**

  • 8% Aditya Birla Finance Limited**

  • 7.47% State Government Securities

  • GOI Strips (MD 12/10/2024 )

  • GOI Strips (MD 12/10/2025 )

  • 6.9% Government of India

  • Interest Rate Swaps Pay Fix Receive Floating (29/07/2024) (FV 25000 Lacs)

  • Cash Margin - CCIL

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  • Miscellaneous

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Fund Manager

  • CARE A1+

  • CARE AAA

  • Cash

  • CRISIL AAA

  • CRISIL AAA(CE)

  • CRISIL AAA(SO)

  • Derivatives

  • FITCH A1+

  • FITCH AAA

  • ICRA AAA

  • SOVEREIGN

  • 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 ₹7,955.53 crore. Nippon India Floating Rate Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and Nifty Short Duration Debt Index as secondary index.

The NAV of Nippon India Floating Rate Fund ended up ₹0.01(0.04%)yesterday to ₹41.3488.

Among its top 3 holdings the fund has exposure to 7.72% 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