Nippon India Floating Rate Fund - IDCW - Direct Plan

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  • 0.02 %Nav, as on 07-12-2023

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  • Net Change on 07-12-2023

  • PersonalFN Rating

  • Assets (Cr.)

  • Expense Ratio

Fund Overview IDCW | Direct 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 - DIRECT Plan - IDCW Option 6.73 6.29 7.27 5.13 7.38 7.52
Crisil 10 Yr Gilt Index N/A N/A N/A N/A N/A N/A
CRISIL Short Term Bond 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 - DIRECT Plan - IDCW Option Sep 26, 2013 Unrated 7.27 5.13 7.38 0.31 7,867.07
HDFC Floating Rate Debt Fund - Direct Plan - Daily IDCW Jan 01, 2013 7.78 5.67 6.40 0.26 16,886.99
HDFC Floating Rate Debt Fund - Direct Plan - Monthly IDCW Jan 01, 2013 7.75 5.66 6.39 0.26 16,886.99
HDFC Floating Rate Debt Fund - Direct Plan - Weekly IDCW Jan 01, 2013 7.53 5.54 6.30 0.26 16,886.99
Aditya Birla Sun Life Floating Rate Fund-Direct - daily IDCW Jan 01, 2013 7.64 5.44 6.22 0.23 13,085.96
Aditya Birla Sun Life Floating Rate Fund-Direct - weekly IDCW Jan 01, 2013 7.64 5.39 6.17 0.23 13,085.96

Fund Holdings as on 30-November-2023

  • 7.69% Government of India

  • 7.23% Small Industries Dev Bank of India**

  • 8.04% HDB Financial Services Limited**

  • 7.59% Power Finance Corporation Limited**

  • 6.24% State Bank of India**

  • 8.1% Government of India

  • 7.97% Tata Capital Housing Finance Limited**

  • 7.92% Bajaj Housing Finance Limited**

  • 8.25% Government of India

  • 7.77% REC Limited**

  • 7.95% ICICI Home Finance Company Limited**

  • 8.19% Summit Digitel Infrastructure Limited**

  • HDFC Bank Limited**

  • 6.9% Government of India

  • Axis Bank Limited**

  • Axis Bank Limited**

  • 7.64% Power Finance Corporation Limited**

  • Net Current Assets

  • 5.85% REC Limited**

  • 7.57% Mahindra & Mahindra Limited**

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

  • Triparty Repo

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

  • State Bank of India**

  • Mahindra & Mahindra Financial Services Limited**

  • Axis Bank Limited**

  • 7.68% Indian Railway Finance Corporation Limited

  • 8.55% Bank of Baroda**

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

  • Mahindra & Mahindra Financial Services Limited**

  • 7.9% Sikka Ports and Terminals Limited**

  • Barclays Investments & Loans (India) Private Limited**

  • 7.7% HDFC Bank Limited**

  • 7.58% National Bank For Agriculture and Rural Development**

  • 5.81% REC Limited**

  • 6.5% Tata Capital Housing Finance Limited**

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

  • 7.5% National Bank For Agriculture and Rural Development**

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

  • 8.5% Nomura Capital India Pvt Limited**

  • 8.05% Summit Digitel Infrastructure Limited**

  • 5.79% REC Limited**

  • 7.44% Small Industries Dev Bank of India**

  • HDFC Bank Limited**

  • HDFC Bank Limited**

  • Small Industries Dev Bank of India**

  • 6.75% L&T Finance Limited

  • 8.42% Bank of Baroda**

  • 7.7% HDFC Bank Limited**

  • First Business Receivables Trust**

  • First Business Receivables Trust**

  • First Business Receivables Trust**

  • 7.6% REC Limited**

  • 7.54% REC Limited**

  • Corporate Debt Market Development Fund Class A2

  • GOVT. STOCK 17DEC2023C STRP

  • 8.67% State Government Securities

  • 5.63% GOI Strips (MD 12/04/2026)

  • 8.21% State Government Securities

  • 9.19% State Government Securities

  • 8.48% State Government Securities

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

  • 8% Aditya Birla Finance Limited**

  • 6.43% HDFC Bank Limited

  • 7.47% State Government Securities

  • GOI Strips (MD 12/10/2024 )

  • 7.32% Government of India

  • GOI Strips (MD 12/10/2025 )

  • Interest Rate Swaps Pay Floating Receive Fix (26/06/2025) (FV 10000 Lacs)

  • Cash Margin - CCIL

  • Interest Rate Swaps Pay Floating Receive Fix (29/08/2025) (FV 10000 Lacs)

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  • Miscellaneous

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Fund Manager

Most Recent Dividend

  • 29/03/2016

  • 30/12/2014

  • 22/09/2014

  • CARE A1+

  • CARE AAA

  • Cash

  • CRISIL A1+

  • CRISIL AAA

  • CRISIL AAA(CE)

  • CRISIL AAA(SO)

  • Derivatives

  • FITCH A1+

  • FITCH AAA

  • ICRA A1+

  • 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 26-Sep-2013 and currently has an AUM of ₹7,867.07 crore. Nippon India Floating Rate Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and CRISIL Short Term Bond Index as secondary index.

The NAV of Nippon India Floating Rate Fund ended up ₹0(0.02%)yesterday to ₹18.568.

Among its top 3 holdings the fund has exposure to 7.69% 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