Nippon India Floating Rate Fund - IDCW - Direct Plan

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₹11.321 0.06 %Nav, as on 04-12-2024
Previous Nav
₹ 11.3144
Net Change on 04-12-2024
₹0.01
PersonalFN Rating
Unrated
Category
Debt - Floater Fund
Assets (Cr.)
₹ 7,821.51
Expense Ratio
0.31%
(As on Oct 31, 2024)

Fund Overview IDCW | Direct Plan

Fund House
Nippon India Mutual Fund
Launch Date
01-Jan-2013
Benchmark
Crisil 10 Yr Gilt Index
Minimum Investment (₹)
5,000
Minimum Addl Investment (₹)
1,000
Exit Load (%)
Nil
Minimum SIP Investment (₹)
100
Minimum STP Investment (₹)
100
Minimum SWP Investment (₹)
500
52 Week Low Nav (₹)
23.39
52 Week Low Nav Date
04-Dec-2023
52 Week High Nav (₹)
25.42
52 Week High Nav Date
03-Dec-2024

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	7.63	8.63	8.69	6.61	7.00	6.78
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 - DIRECT Plan - MONTHLY IDCW Option	Jan 01, 2013	Unrated	8.69	6.61	7.00	0.31	7,821.51
HDFC Floating Rate Debt Fund - Direct Plan - Daily IDCW	Jan 01, 2013		8.68	6.96	6.84	0.26	15,003.71
HDFC Floating Rate Debt Fund - Direct Plan - Monthly IDCW	Jan 01, 2013		8.67	6.94	6.84	0.26	15,003.71
HDFC Floating Rate Debt Fund - Direct Plan - Weekly IDCW	Jan 01, 2013		8.68	6.82	6.75	0.26	15,003.71
Aditya Birla Sun Life Floating Rate Fund-Direct - daily IDCW	Jan 01, 2013		8.51	6.93	6.54	0.23	13,141.87
Aditya Birla Sun Life Floating Rate Fund-Direct - weekly IDCW	Jan 01, 2013		8.21	6.78	6.45	0.23	13,141.87

Fund Holdings as on 31-October-2024

Company % Assets
7.79% Small Industries Dev Bank of India**
4.51
6.4% Jamnagar Utilities & Power Private Limited**
3.50
7.93% Government of India
3.42
7.57% Indian Railway Finance Corporation Limited**
3.24
7.77% REC Limited**
3.21
Reliance Retail Ventures Limited
2.87
7.64% National Bank For Agriculture and Rural Development**
2.84
8.75% LIC Housing Finance Limited**
2.79
7.53% Government of India
2.78
6.24% State Bank of India**
2.70
8.37% State Government Securities
2.68
7.17% Government of India
2.60
8.19% Summit Digitel Infrastructure Limited**
2.58
8% Tata Capital Housing Finance Limited**
2.58
Net Current Assets
2.43
Triparty Repo
2.42
Sundaram Home Finance Limited**
2.26
8.54% REC Limited**
2.15
7.8% Tata Capital Housing Finance Limited**
1.98
8.36% Toyota Financial Services India Limited**
1.94
7.84% LIC Housing Finance Limited**
1.93
India Universal Trust AL1**
1.89
7.77% Power Finance Corporation Limited**
1.86
7.64% Power Finance Corporation Limited**
1.83
7.98% Bajaj Finance Limited**
1.61
7.32% Government of India
1.31
8.18% Mahindra & Mahindra Financial Services Limited**
1.29
8.28% SMFG India Credit Company Limited**
1.29
7.62% National Bank For Agriculture and Rural Development
1.28
HDFC Bank Limited**
1.25
7.68% Indian Railway Finance Corporation Limited**
1.16
7.75% LIC Housing Finance Limited**
1.16
India Universal Trust AL1**
1.10
8.14% State Government Securities
1.06
7.9% Sikka Ports and Terminals Limited**
1.04
7.7% National Bank For Agriculture and Rural Development
1.03
8.05% Bajaj Housing Finance Limited**
0.97
7.59% National Housing Bank**
0.96
8.2% Aditya Birla Housing Finance Limited**
0.88
7.89% Summit Digitel Infrastructure Limited**
0.77
7.49% National Bank For Agriculture and Rural Development**
0.77
7.4% Summit Digitel Infrastructure Limited**
0.76
8.45% Indian Railway Finance Corporation Limited**
0.76
7.47% Small Industries Dev Bank of India
0.70
9% Power Finance Corporation Limited**
0.67
8.5% Tata Capital Limited**
0.66
7.49% State Government Securities
0.65
8.14% Tata Capital Limited**
0.65
8.05% Summit Digitel Infrastructure Limited**
0.65
8.05% Tata Capital Housing Finance Limited**
0.65
8.25% Nomura Fixed Inc Securities Pvt Ltd**
0.64
7.87% India Grid Trust InvIT Fund**
0.64
8.5% Nomura Capital India Pvt Limited**
0.64
7.83% National Bank For Agriculture and Rural Development**
0.64
8.55% Nomura Capital India Pvt Limited**
0.64
7.75% Tata Communications Limited**
0.64
7.46% REC Limited**
0.64
7.44% Small Industries Dev Bank of India
0.64
7.44% Small Industries Dev Bank of India**
0.64
7.08% Indian Railway Finance Corporation Limited**
0.64
India Universal Trust AL1**
0.61
7.96% Pipeline Infrastructure Private Limited**
0.57
7.96% Pipeline Infrastructure Private Limited**
0.57
7.62% National Bank For Agriculture and Rural Development**
0.51
8.6% REC Limited**
0.34
8.7% REC Limited**
0.34
7.7% Nuclear Power Corporation Of India Limited**
0.32
7.45% Indian Railway Finance Corporation Limited**
0.32
7.84% Tata Capital Housing Finance Limited
0.32
7.54% REC Limited**
0.32
7.63% State Government Securities
0.26
7.37% Government of India
0.26
Corporate Debt Market Development Fund Class A2
0.26
7.17% State Government Securities
0.13
5.63% GOI Strips (MD 12/04/2026)
0.07
8.08% State Government Securities
0.06
8% Aditya Birla Finance Limited**
0.06
7.7% HDFC Bank Limited**
0.06
7.44% REC Limited**
0.06
7.47% State Government Securities
0.04
Interest Rate Swaps Pay Fix Receive Floating (29/01/2025) (FV 15000 Lacs)
0.03
GOI Strips (MD 12/10/2025 )
0.02
Cash Margin - CCIL
0.02
6.9% Government of India
0.01
Interest Rate Swaps Pay Floating Receive Fix (23/10/2029) (FV 10000 Lacs)
-0.01

Sector Holding%
Miscellaneous
71.79

Fund Manager

Vikash Agarwal

Most Recent Dividend

Dividend Details

Record Date Dividend (%)
21/11/2024
0.61
22/10/2024
0.91
20/09/2024
0.86
20/08/2024
0.79
22/07/2024
0.82
20/06/2024
0.63
22/05/2024
0.77
22/04/2024
0.62
20/03/2024
0.73
21/02/2024
0.72
23/01/2024
0.70
20/12/2023
0.62
21/11/2023
0.72
20/10/2023
0.33
21/09/2023
0.81
22/08/2023
0.57
20/07/2023
0.67
20/06/2023
0.47
22/05/2023
0.91
20/04/2023
1.11
21/03/2023
0.47
21/02/2023
0.47
20/01/2023
0.58
20/12/2022
0.62
22/11/2022
0.91
20/10/2022
0.26
20/09/2022
0.33
22/08/2022
0.54
20/07/2022
0.60
20/04/2022
0.09
22/03/2022
0.26
22/02/2022
0.49
20/01/2022
0.29
21/12/2021
0.25
23/11/2021
0.36
21/10/2021
0.02
21/09/2021
0.41
23/08/2021
0.75
20/07/2021
0.56
22/06/2021
0.45
20/05/2021
1.01
20/04/2021
0.85
22/12/2020
0.39
20/11/2020
0.82
20/10/2020
1.30
22/09/2020
0.45
20/08/2020
0.04
21/07/2020
1.86
22/06/2020
1.25
20/05/2020
0.89
21/04/2020
2.12
24/02/2020
1.71
21/01/2020
0.47
20/12/2019
0.55
20/11/2019
0.63
23/10/2019
0.78
20/09/2019
0.73
20/08/2019
0.68
22/07/2019
0.94
20/06/2019
0.78
21/05/2019
0.46
23/04/2019
0.73
20/03/2019
0.93
21/02/2019
0.71
22/01/2019
0.92
20/12/2018
0.79
20/11/2018
0.57
22/10/2018
0.56
21/08/2018
0.70
20/07/2018
0.84
20/06/2018
0.39
20/04/2018
0.89
20/03/2018
0.65
21/02/2018
0.23
22/01/2018
0.11
21/11/2017
0.19
24/10/2017
0.40
20/09/2017
0.43
22/08/2017
0.76
20/07/2017
0.62
20/06/2017
1.15
22/05/2017
0.40
20/04/2017
1.00
22/02/2017
0.10
20/01/2017
0.82
20/12/2016
0.09
22/11/2016
0.72
20/10/2016
0.93
20/09/2016
0.61
22/08/2016
1.01
20/07/2016
0.94
21/06/2016
0.61
20/05/2016
0.49
21/04/2016
1.06
22/03/2016
0.84
23/02/2016
0.39
20/01/2016
0.52
22/12/2015
0.18
20/11/2015
0.54
20/10/2015
1.09
22/09/2015
0.18
20/08/2015
0.71
21/07/2015
0.62
22/06/2015
0.53
22/05/2015
0.05
21/04/2015
1.19
20/03/2015
0.54
23/02/2015
0.38
20/01/2015
1.07
22/12/2014
0.61
20/11/2014
1.35
21/10/2014
0.76
22/09/2014
0.86
20/08/2014
0.51
22/07/2014
0.61
20/06/2014
0.86
20/05/2014
0.79
22/04/2014
0.99
20/03/2014
0.82
21/02/2014
0.34
21/01/2014
0.68
20/12/2013
0.79
20/11/2013
0.33
22/10/2013
1.23
20/09/2013
1.40
20/06/2013
0.20
21/05/2013
1.09
23/04/2013
1.25
20/03/2013
0.51
21/02/2013
0.37

Holding Type Holding %
CARE A1+
1.25
CARE AAA
0.64
Cash
4.87
CRISIL A1+
2.87
CRISIL AAA
58.62
Derivatives
0.02
FITCH AAA
1.92
FITCH AAA(SO)
3.60
ICRA AAA
10.62
Sov
15.35
Unrated
0.26

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 ₹7,821.51 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(0.06%)yesterday to ₹11.321.

Among its top 3 holdings the fund has exposure to 7.79% Small Industries Dev Bank of India**, and

The Nippon India Floating Rate Fund is managed by Vikash Agarwal .

Fund House Contact

Address:

4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W) Mumbai - 400 013

Phone Number: 022-68087000

Email Address: customercare@nipponindiaim.in

Fax Number: 022-68087097

Website: https://mf.nipponindiaim.com/

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