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 - MONTHLY IDCW Option 8.19 7.37 7.85 5.77 6.77 6.63
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 - MONTHLY IDCW Option Jan 01, 2013 Unrated 7.85 5.77 6.77 0.31 7,599.67
HDFC Floating Rate Debt Fund - Direct Plan - Daily IDCW Jan 01, 2013 8.06 5.97 6.46 0.26 16,101.03
HDFC Floating Rate Debt Fund - Direct Plan - Monthly IDCW Jan 01, 2013 8.03 5.96 6.45 0.26 16,101.03
HDFC Floating Rate Debt Fund - Direct Plan - Weekly IDCW Jan 01, 2013 7.81 5.84 6.37 0.26 16,101.03
Aditya Birla Sun Life Floating Rate Fund-Direct - daily IDCW Jan 01, 2013 7.83 5.95 6.27 0.23 12,242.89
Aditya Birla Sun Life Floating Rate Fund-Direct - weekly IDCW Jan 01, 2013 7.82 5.90 6.20 0.23 12,242.89

Fund Holdings as on 31-January-2024

  • 7.69% Government of India

  • 8.04% HDB Financial Services Limited**

  • 7.79% Small Industries Dev Bank of India**

  • 8.1% Government of India

  • 7.97% Tata Capital Housing Finance Limited**

  • 7.92% Bajaj Housing Finance Limited**

  • 6.4% Jamnagar Utilities & Power Private Limited**

  • 7.57% Indian Railway Finance Corporation Limited**

  • 7.77% REC Limited**

  • 7.95% ICICI Home Finance Company Limited**

  • 7.8% National Bank For Agriculture and Rural Development

  • 6.24% State Bank of India

  • 8.19% Summit Digitel Infrastructure Limited**

  • 7.17% Government of India

  • 7.77% Power Finance Corporation Limited

  • 6.9% Government of India

  • Net Current Assets

  • 7.23% Small Industries Dev Bank of India**

  • 8.36% Toyota Financial Services India Limited**

  • Axis Bank Limited**

  • HDFC Bank Limited

  • 7.64% Power Finance Corporation Limited

  • 7.57% Mahindra & Mahindra Limited**

  • State Bank of India

  • Kotak Mahindra Investments Limited**

  • 5.85% REC Limited**

  • 8.2% Kotak Mahindra Prime Limited**

  • Reverse Repo

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

  • Panatone Finvest Limited**

  • 7.68% Indian Railway Finance Corporation Limited**

  • 8.55% Bank of Baroda**

  • 7.9% Sikka Ports and Terminals Limited**

  • 8.1% Tata Capital Limited

  • 7.58% National Bank For Agriculture and Rural Development

  • 7.7% HDFC Bank Limited**

  • 6.5% 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**

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

  • 7.64% Power Finance Corporation Limited**

  • 8.5% Nomura Capital India Pvt Limited**

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

  • 7.44% Small Industries Dev Bank of India**

  • 7.08% Indian Railway Finance Corporation Limited**

  • Triparty Repo

  • 8.25% Government of India

  • 7.7% HDFC Bank Limited**

  • First Business Receivables Trust**

  • First Business Receivables Trust**

  • 8.6% REC Limited**

  • 8.04% Tata Capital Housing Finance Limited**

  • 7.6% REC Limited**

  • 7.56% REC Limited

  • 7.54% REC Limited**

  • 7.51% REC Limited

  • Corporate Debt Market Development Fund Class A2

  • 6.75% L&T Finance Holdings Limited**

  • 5.63% GOI Strips (MD 12/04/2026)

  • 8.67% State Government Securities

  • 8.21% State Government Securities

  • 8.08% State Government Securities

  • 9.19% State Government Securities

  • 8.48% State Government Securities

  • 8% Aditya Birla Finance Limited**

  • 6.43% HDFC Bank Limited

  • 7.47% State Government Securities

  • GOI Strips (MD 12/10/2024 )

  • Cash Margin - CCIL

  • GOI Strips (MD 12/10/2025 )

  • Interest Rate Swaps Pay Fix Receive Floating (29/12/2025) (FV 10000 Lacs)

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  • Miscellaneous

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Fund Manager

Most Recent Dividend

  • 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

  • 21/10/2021

  • 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

  • 22/05/2015

  • 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

  • CARE A1+

  • CARE AAA

  • Cash

  • CRISIL A1+

  • CRISIL AAA

  • 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 01-Jan-2013 and currently has an AUM of ₹7,599.67 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 ₹0.01(0.11%)yesterday to ₹11.307.

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