Fund Overview IDCW | 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 - MONTHLY IDCW Option 8.39 7.90 7.42 5.67 6.46 6.24
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 - MONTHLY IDCW Option Sep 02, 2004 Unrated 7.42 5.67 6.46 0.60 7,817.10
ICICI Prudential Floating Interest Fund - Daily IDCW Nov 18, 2005 7.93 6.02 6.35 1.22 9,557.71
ICICI Prudential Floating Interest Fund - IDCW Others Nov 08, 2012 7.93 6.04 6.68 1.22 9,557.71
ICICI Prudential Floating Interest Fund - Weekly IDCW Dec 05, 2008 7.93 6.04 6.36 1.22 9,557.71
NIPPON INDIA FLOATING RATE FUND - DAILY IDCW REINVESTMENT Option Sep 02, 2004 Unrated 7.40 5.70 6.46 0.60 7,817.10
NIPPON INDIA FLOATING RATE FUND - IDCW Option Sep 25, 2013 Unrated 7.42 5.67 6.80 0.60 7,817.10

Fund Holdings as on 30-June-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**

  • 7.77% Power Finance Corporation Limited**

  • 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

  • Net Current Assets

  • 7.97% Tata Capital Housing Finance Limited**

  • 7.84% LIC Housing Finance Limited**

  • 8.54% REC Limited**

  • 8.36% Toyota Financial Services India Limited**

  • 7.64% Power Finance Corporation Limited**

  • 7.92% Bajaj Housing Finance Limited**

  • 7.57% Mahindra & Mahindra Limited**

  • 7.32% Government of India

  • 7.37% Government of India

  • 8.1% Bajaj Housing Finance Limited

  • 8.18% Mahindra & Mahindra Financial Services Limited**

  • 8.28% SMFG India Credit Company Limited**

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

  • HDFC Bank Limited**

  • 7.68% Indian Railway Finance Corporation Limited**

  • Kotak Mahindra Investments Limited**

  • 7.9% Sikka Ports and Terminals Limited**

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

  • 8.05% Bajaj Housing Finance Limited**

  • 7.59% National Housing Bank**

  • 7.78% Bajaj Housing Finance Limited**

  • 7.7% HDFC Bank Limited**

  • 8.1% Tata Capital Limited**

  • 8.2% Aditya Birla Housing Finance Limited**

  • 7.8% Tata Capital Housing Finance Limited**

  • 8.29% Tata Capital Limited**

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

  • 8.45% Indian Railway Finance Corporation Limited**

  • 7.4% Summit Digitel Infrastructure Limited**

  • 7.49% State Government Securities

  • 8.05% Summit Digitel Infrastructure Limited**

  • 8.14% Tata Capital Limited**

  • 8.55% Nomura Capital India Pvt Limited**

  • 8.25% Nomura Fixed Inc Securities Pvt Ltd**

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

  • 8.5% Nomura Capital India Pvt Limited**

  • 7.75% Tata Communications Limited**

  • 7.64% Power Finance Corporation Limited**

  • 7.46% REC Limited

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

  • 7.08% Indian Railway Finance Corporation Limited**

  • Panatone Finvest Limited**

  • 7.96% Pipeline Infrastructure Private Limited**

  • 7.96% Pipeline Infrastructure Private Limited**

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

  • 8.34% Government of India

  • 7.7% HDFC Bank Limited

  • First Business Receivables Trust**

  • 8.6% REC Limited**

  • 7.7% Nuclear Power Corporation Of India Limited**

  • Punjab National Bank

  • 8.04% Tata Capital Housing Finance Limited**

  • 7.56% REC Limited

  • 7.45% Indian Railway Finance Corporation Limited**

  • 7.51% REC Limited**

  • 7.54% REC Limited**

  • 7.44% Small Industries Dev Bank of India**

  • Corporate Debt Market Development Fund Class A2

  • Triparty Repo

  • 5.63% GOI Strips (MD 12/04/2026)

  • 8.9% Bajaj Finance Limited**

  • 8.08% State Government Securities

  • 8% Aditya Birla Finance Limited**

  • 6.75% L&T Finance Limited**

  • 7.47% State Government Securities

  • GOI Strips (MD 12/10/2024 )

  • GOI Strips (MD 12/10/2025 )

  • 6.9% Government of India

  • Cash Margin - CCIL

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

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  • Miscellaneous

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Fund Manager

Most Recent Dividend

  • 20/06/2024

  • 22/05/2024

  • 22/04/2024

  • 20/03/2024

  • 21/02/2024

  • 23/01/2024

  • 20/12/2023

  • 21/11/2023

  • 20/10/2023

  • 21/09/2023

  • 22/08/2023

  • 20/07/2023

  • 20/06/2023

  • 22/05/2023

  • 20/04/2023

  • 21/03/2023

  • 21/02/2023

  • 20/01/2023

  • 20/12/2022

  • 22/11/2022

  • 20/10/2022

  • 20/09/2022

  • 22/08/2022

  • 20/07/2022

  • 20/04/2022

  • 22/03/2022

  • 22/02/2022

  • 20/01/2022

  • 21/12/2021

  • 23/11/2021

  • 21/09/2021

  • 23/08/2021

  • 20/07/2021

  • 22/06/2021

  • 20/05/2021

  • 20/04/2021

  • 22/12/2020

  • 20/11/2020

  • 20/10/2020

  • 22/09/2020

  • 20/08/2020

  • 21/07/2020

  • 22/06/2020

  • 20/05/2020

  • 21/04/2020

  • 24/02/2020

  • 21/01/2020

  • 20/12/2019

  • 20/11/2019

  • 23/10/2019

  • 20/09/2019

  • 20/08/2019

  • 22/07/2019

  • 20/06/2019

  • 21/05/2019

  • 23/04/2019

  • 20/03/2019

  • 21/02/2019

  • 22/01/2019

  • 20/12/2018

  • 20/11/2018

  • 22/10/2018

  • 21/08/2018

  • 20/07/2018

  • 20/06/2018

  • 20/04/2018

  • 20/03/2018

  • 21/02/2018

  • 22/01/2018

  • 21/11/2017

  • 24/10/2017

  • 20/09/2017

  • 22/08/2017

  • 20/07/2017

  • 20/06/2017

  • 22/05/2017

  • 20/04/2017

  • 22/02/2017

  • 20/01/2017

  • 20/12/2016

  • 22/11/2016

  • 20/10/2016

  • 20/09/2016

  • 22/08/2016

  • 20/07/2016

  • 21/06/2016

  • 20/05/2016

  • 21/04/2016

  • 22/03/2016

  • 23/02/2016

  • 20/01/2016

  • 22/12/2015

  • 20/11/2015

  • 20/10/2015

  • 22/09/2015

  • 20/08/2015

  • 21/07/2015

  • 22/06/2015

  • 21/05/2015

  • 21/04/2015

  • 20/03/2015

  • 23/02/2015

  • 20/01/2015

  • 22/12/2014

  • 20/11/2014

  • 21/10/2014

  • 22/09/2014

  • 20/08/2014

  • 22/07/2014

  • 20/06/2014

  • 20/05/2014

  • 22/04/2014

  • 20/03/2014

  • 21/02/2014

  • 21/01/2014

  • 20/12/2013

  • 20/11/2013

  • 22/10/2013

  • 20/09/2013

  • 20/06/2013

  • 21/05/2013

  • 23/04/2013

  • 20/03/2013

  • 21/02/2013

  • 22/01/2013

  • 20/12/2012

  • 20/11/2012

  • 22/10/2012

  • 21/09/2012

  • 22/08/2012

  • 20/07/2012

  • 20/06/2012

  • 22/05/2012

  • 20/04/2012

  • 20/03/2012

  • 22/02/2012

  • 20/01/2012

  • 20/12/2011

  • 22/11/2011

  • 20/10/2011

  • 20/09/2011

  • 23/08/2011

  • 20/07/2011

  • 21/06/2011

  • 20/05/2011

  • 20/04/2011

  • 22/03/2011

  • 22/02/2011

  • 20/01/2011

  • 21/12/2010

  • 22/11/2010

  • 20/10/2010

  • 21/09/2010

  • 23/08/2010

  • 20/07/2010

  • 22/06/2010

  • 19/05/2010

  • 19/04/2010

  • 19/03/2010

  • 19/02/2010

  • 19/01/2010

  • 21/12/2009

  • 19/11/2009

  • 20/10/2009

  • 22/09/2009

  • 20/08/2009

  • 20/07/2009

  • 19/06/2009

  • 19/05/2009

  • 20/04/2009

  • 19/03/2009

  • 19/02/2009

  • 19/01/2009

  • 19/12/2008

  • 19/11/2008

  • 20/10/2008

  • 19/09/2008

  • 20/08/2008

  • 21/07/2008

  • 19/06/2008

  • 20/05/2008

  • 21/04/2008

  • 19/03/2008

  • 19/02/2008

  • 21/01/2008

  • 19/12/2007

  • 19/11/2007

  • 19/10/2007

  • 19/09/2007

  • 21/08/2007

  • 19/07/2007

  • 19/06/2007

  • 21/05/2007

  • 19/04/2007

  • 20/03/2007

  • 19/02/2007

  • 19/01/2007

  • 19/12/2006

  • 20/11/2006

  • 19/10/2006

  • 19/09/2006

  • 22/08/2006

  • 20/07/2006

  • 20/06/2006

  • 22/05/2006

  • 20/04/2006

  • 21/03/2006

  • 20/02/2006

  • 19/01/2006

  • 19/12/2005

  • 21/11/2005

  • 20/10/2005

  • 20/09/2005

  • 19/08/2005

  • 19/07/2005

  • 20/06/2005

  • 19/05/2005

  • 19/04/2005

  • 21/03/2005

  • 21/02/2005

  • 19/01/2005

  • 20/12/2004

  • 22/11/2004

  • 19/10/2004

  • 27/09/2004

  • 31/08/2004

  • CARE A1+

  • CARE AAA

  • Cash

  • CRISIL AAA

  • CRISIL AAA(CE)

  • CRISIL AAA(SO)

  • Derivatives

  • 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 02-Sep-2004 and currently has an AUM of ₹7,817.10 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(0.07%)yesterday to ₹11.1296.

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